{ "ticker": { "uuid": "1577940a-4d56-41d6-9faa-54926b0eab58", "symbol": "WEXE", "name": "Amundi MSCI World Ex USA ETF Acc", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.965, "architecture_energy": 68.96, "architecture_maturity": 41.503, "architecture_confidence": 83.81, "architecture_tenure": "Established", "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": 5.9, "rotation_up": 66.86, "upward_expansion": 87.02, "deceleration": 53.88, "rotation_down": 23.07, "downward_expansion": 11.35 }, "activity_lines": [ 12.1424, 12.062727, 11.859724, 11.677252 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 12.362, "trend_reference": 11.471333, "distance_from_trend": 0.077643, "trend_direction": "Improving", "fair_value": 10.200283, "distance_from_fair_value": 0.211927, "fair_value_direction": "Improving", "relative_strength": 4.272303, "relative_strength_direction": "Weakening", "price_momentum": 0.107905, "excess_performance": 0.043265, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.077643, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044742, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.211927, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.064877, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.042723, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.040679, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.107905, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.283284, "read": "Demand-led" } ], "volume": { "latest": 153740, "relative_activity": 1.328544, "balance": 1.283284, "dry_up": 1.140163, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.018083, "annualized_volatility": 0.125384, "from_high_reference": -0.001454, "from_low_reference": 0.262459 }, "levels": { "trend_reference": 11.471333, "fair_value_reference": 10.200283, "structural_low": 10.378, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.018499, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.001443, "regime_survival": 1.0, "best_return": 0.031996, "worst_return": 0.012445, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.066643, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.011611, "regime_survival": 1.0, "best_return": 0.066643, "worst_return": 0.066643, "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": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.058203, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.092629, "active": true } ], "chart_path": [ { "date": "2024-09-20", "close": 8.97, "volume": 130, "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": 9.197, "volume": 581, "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": 9.146, "volume": 1002, "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": 9.19, "volume": 2684, "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": 9.234, "volume": 6060, "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": 9.085, "volume": 16439, "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": 8.994, "volume": 6257, "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": 9.04, "volume": 9967, "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": 9.024, "volume": 3840, "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": 9.197, "volume": 8143, "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": 9.21, "volume": 10080, "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": 9.375, "volume": 22390, "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": 9.234, "volume": 9748, "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": 9.015, "volume": 42149, "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": 9.11, "volume": 4027, "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": 9.158, "volume": 28280, "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": 9.144, "volume": 22578, "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": 9.313, "volume": 26893, "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": 9.407, "volume": 52657, "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": 9.586, "volume": 88081, "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": 9.634, "volume": 103196, "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": 9.708, "volume": 89291, "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": 9.749, "volume": 52136, "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": 9.72, "volume": 64407, "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": 9.516, "volume": 111653, "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": 9.442, "volume": 120102, "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": 9.548, "volume": 121233, "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": 9.425, "volume": 128152, "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": 8.571, "volume": 115904, "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": 8.472, "volume": 181221, "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": 8.843, "volume": 69318, "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": 9.136, "volume": 127101, "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": 9.392, "volume": 132407, "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": 9.437, "volume": 175996, "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": 9.655, "volume": 103002, "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": 9.573, "volume": 89901, "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": 9.671, "volume": 86575, "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": 9.748, "volume": 104246, "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": 9.618, "volume": 104928, "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": 9.513, "volume": 49844, "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": 9.623, "volume": 74722, "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": 9.567, "volume": 67178, "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": 9.602, "volume": 51011, "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": 9.656, "volume": 38984, "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": 9.723, "volume": 32910, "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": 9.531, "volume": 105693, "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": 9.794, "volume": 44104, "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": 9.935, "volume": 41603, "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": 10.032, "volume": 52799, "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": 9.887, "volume": 70373, "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": 9.92, "volume": 116877, "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": 10.034, "volume": 63160, "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": 10.01, "volume": 174799, "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": 10.022, "volume": 150961, "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": 10.272, "volume": 100434, "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": 10.11, "volume": 90677, "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": 10.196, "volume": 84935, "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": 10.332, "volume": 78593, "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": 10.374, "volume": 62723, "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": 10.236, "volume": 102750, "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": 10.396, "volume": 63261, "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": 10.182, "volume": 84748, "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": 10.434, "volume": 76056, "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": 10.488, "volume": 106281, "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": 10.452, "volume": 83415, "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": 10.578, "volume": 81435, "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": 10.628, "volume": 22973, "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": 10.694, "volume": 164998, "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": 10.98, "volume": 124634, "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": 11.11, "volume": 284523, "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": 10.958, "volume": 341929, "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": 10.992, "volume": 207710, "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": 11.158, "volume": 383428, "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": 11.316, "volume": 251981, "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": 11.498, "volume": 235565, "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": 11.57, "volume": 371212, "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": 11.112, "volume": 275872, "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": 10.968, "volume": 230487, "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": 10.59, "volume": 184746, "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": 10.618, "volume": 162290, "typical_volume": 186877.2, "trend": 10.6076, "fair_value": 9.844725, "relative_strength": 11.776734, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.954033, "energy": 23.262274, "activity_lines": [ 10.809867, 11.011055, 10.966752, 10.821759 ] }, { "date": "2026-04-03", "close": 10.996, "volume": 175613, "typical_volume": 192494.8, "trend": 10.643467, "fair_value": 9.858938, "relative_strength": 11.124526, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.535502, "energy": 25.137335, "activity_lines": [ 10.818, 10.996145, 10.981981, 10.846817 ] }, { "date": "2026-04-10", "close": 11.294, "volume": 244073, "typical_volume": 200461.05, "trend": 10.685467, "fair_value": 9.876439, "relative_strength": 10.794678, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.458233, "energy": 25.006226, "activity_lines": [ 10.963733, 11.034727, 11.022733, 10.888787 ] }, { "date": "2026-04-17", "close": 11.488, "volume": 141805, "typical_volume": 203748.5, "trend": 10.734733, "fair_value": 9.895855, "relative_strength": 8.365759, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.125359, "energy": 35.604782, "activity_lines": [ 11.162, 11.103091, 11.076667, 10.940563 ] }, { "date": "2026-04-24", "close": 11.236, "volume": 115627, "typical_volume": 204215.8, "trend": 10.7752, "fair_value": 9.91181, "relative_strength": 8.240379, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 49.788627, "energy": 43.321362, "activity_lines": [ 11.2416, 11.119636, 11.101581, 10.972903 ] }, { "date": "2026-05-01", "close": 11.314, "volume": 88015, "typical_volume": 204445.8, "trend": 10.809933, "fair_value": 9.928306, "relative_strength": 7.974243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.289428, "energy": 53.442821, "activity_lines": [ 11.304133, 11.151818, 11.130362, 11.007665 ] }, { "date": "2026-05-08", "close": 11.408, "volume": 218290, "typical_volume": 211288.55, "trend": 10.8532, "fair_value": 9.945512, "relative_strength": 8.340174, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.785427, "energy": 57.384148, "activity_lines": [ 11.3516, 11.204436, 11.16399, 11.046249 ] }, { "date": "2026-05-15", "close": 11.38, "volume": 168355, "typical_volume": 218557.65, "trend": 10.892667, "fair_value": 9.962, "relative_strength": 9.489933, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.061975, "energy": 45.174406, "activity_lines": [ 11.362267, 11.254909, 11.191, 11.080237 ] }, { "date": "2026-05-22", "close": 11.652, "volume": 66421, "typical_volume": 213628.8, "trend": 10.936667, "fair_value": 9.981205, "relative_strength": 7.581342, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.776075, "energy": 50.868653, "activity_lines": [ 11.457867, 11.349964, 11.240333, 11.129226 ] }, { "date": "2026-05-29", "close": 11.676, "volume": 116639, "typical_volume": 213229.05, "trend": 10.980067, "fair_value": 10.000247, "relative_strength": 6.582353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.801777, "energy": 55.166555, "activity_lines": [ 11.550533, 11.436945, 11.28739, 11.176925 ] }, { "date": "2026-06-05", "close": 11.64, "volume": 33270, "typical_volume": 200666.4, "trend": 11.026867, "fair_value": 10.018467, "relative_strength": 7.410223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.57106, "energy": 60.880599, "activity_lines": [ 11.601867, 11.497636, 11.327705, 11.219501 ] }, { "date": "2026-06-12", "close": 11.792, "volume": 19710, "typical_volume": 184555.45, "trend": 11.0734, "fair_value": 10.037956, "relative_strength": 9.025702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.016975, "energy": 72.243808, "activity_lines": [ 11.682133, 11.567382, 11.379971, 11.268865 ] }, { "date": "2026-06-19", "close": 11.944, "volume": 24248, "typical_volume": 175382.35, "trend": 11.132133, "fair_value": 10.058674, "relative_strength": 8.546023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.734692, "energy": 80.183582, "activity_lines": [ 11.787467, 11.650291, 11.442743, 11.325032 ] }, { "date": "2026-06-26", "close": 11.892, "volume": 29138, "typical_volume": 157667.85, "trend": 11.180733, "fair_value": 10.078387, "relative_strength": 9.062882, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.795114, "energy": 79.799333, "activity_lines": [ 11.837867, 11.711927, 11.496029, 11.374056 ] }, { "date": "2026-07-03", "close": 12.09, "volume": 17931, "typical_volume": 145965.35, "trend": 11.234133, "fair_value": 10.099787, "relative_strength": 5.805279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.223473, "energy": 88.849395, "activity_lines": [ 11.938267, 11.802218, 11.564676, 11.432718 ] }, { "date": "2026-07-10", "close": 12.022, "volume": 165227, "typical_volume": 142448.45, "trend": 11.286467, "fair_value": 10.120021, "relative_strength": 7.80788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.533247, "energy": 84.864381, "activity_lines": [ 11.9884, 11.864618, 11.623162, 11.483548 ] }, { "date": "2026-07-17", "close": 11.956, "volume": 115861, "typical_volume": 129680.9, "trend": 11.3324, "fair_value": 10.139146, "relative_strength": 7.844094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.086903, "energy": 76.460671, "activity_lines": [ 11.991067, 11.902145, 11.672867, 11.526744 ] }, { "date": "2026-07-24", "close": 12.04, "volume": 84100, "typical_volume": 120092.3, "trend": 11.379467, "fair_value": 10.158742, "relative_strength": 7.081334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.028856, "energy": 69.860554, "activity_lines": [ 12.0108, 11.944982, 11.728733, 11.572396 ] }, { "date": "2026-07-31", "close": 12.068, "volume": 174061, "typical_volume": 117271.0, "trend": 11.425267, "fair_value": 10.178224, "relative_strength": 4.821774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.4103, "energy": 58.727853, "activity_lines": [ 12.033467, 11.980909, 11.782848, 11.616817 ] }, { "date": "2026-08-07", "close": 12.362, "volume": 153740, "typical_volume": 115720.7, "trend": 11.471333, "fair_value": 10.200283, "relative_strength": 4.272303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.964634, "energy": 68.960311, "activity_lines": [ 12.1424, 12.062727, 11.859724, 11.677252 ] } ], "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." } } }