{ "ticker": { "uuid": "1a3d6fa8-b846-43a8-a590-8c152dae86d2", "symbol": "TBFC", "name": "ETF SERIES SOLUTIONS THE BRINSMERE FUND CONSERVATIVE ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 75.777, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 53.143, "architecture_energy": 25.945, "architecture_maturity": 38.857, "architecture_confidence": 76.565, "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": 42.28, "rotation_up": 30.65, "upward_expansion": 54.72, "deceleration": 89.3, "rotation_down": 26.12, "downward_expansion": 18.39 }, "activity_lines": [ 29.245613, 29.257568, 29.204171, 29.053929 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 29.521, "trend_reference": 28.904484, "distance_from_trend": 0.021329, "trend_direction": "Improving", "fair_value": 26.339539, "distance_from_fair_value": 0.120787, "fair_value_direction": "Weakening", "relative_strength": -7.244049, "relative_strength_direction": "Weakening", "price_momentum": 0.022922, "excess_performance": -0.102702, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.021329, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.015228, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.120787, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.002762, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.07244, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.015403, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.022922, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.08569, "read": "Demand-led" } ], "volume": { "latest": 11812, "relative_activity": 0.753833, "balance": 1.08569, "dry_up": 0.353878, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.011105, "annualized_volatility": 0.078021, "from_high_reference": -0.003081, "from_low_reference": 0.109878 }, "levels": { "trend_reference": 28.904484, "fair_value_reference": 26.339539, "structural_low": 27.64, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.006746, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.036005, "regime_survival": 0.5, "best_return": 0.021388, "worst_return": -0.007897, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.024422, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.089513, "regime_survival": 0.0, "best_return": 0.024422, "worst_return": 0.024422, "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": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2026-03-13", "tenure": "Extended", "return": 0.056937, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": 0.016022, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-08", "tenure": "Developing", "return": 0.021388, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-17", "tenure": "Developing", "return": 0.004693, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.016343, "active": true } ], "chart_path": [ { "date": "2024-01-19", "close": 23.408973, "volume": 10487, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 23.540344, "volume": 24326, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 23.689881, "volume": 19743, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 23.774528, "volume": 22481, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 23.714226, "volume": 16358, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 23.885861, "volume": 14282, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 24.055061, "volume": 5678, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 24.105624, "volume": 62919, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 23.957399, "volume": 2084, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 24.255161, "volume": 1295, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 24.342454, "volume": 2721, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 24.14607, "volume": 900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 23.87981, "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": "2024-04-19", "close": 23.58312, "volume": 1, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 23.813503, "volume": 10669, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 23.976546, "volume": 12906, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 24.148794, "volume": 5227, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 24.362929, "volume": 2879, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 24.287136, "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": "2024-05-31", "close": 24.244779, "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": "2024-06-07", "close": 24.340858, "volume": 13946, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 24.534518, "volume": 3352, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 24.604676, "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": "2024-06-28", "close": 24.593274, "volume": 141, "typical_volume": null, "trend": null, "fair_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": 24.839269, "volume": 73, "typical_volume": null, "trend": null, "fair_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": 25.062573, "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": "2024-07-19", "close": 24.851653, "volume": 22, "typical_volume": null, "trend": null, "fair_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": 24.845508, "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": "2024-08-02", "close": 24.805896, "volume": 3, "typical_volume": null, "trend": null, "fair_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": 24.686964, "volume": 8, "typical_volume": null, "trend": null, "fair_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": 25.016248, "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": "2024-08-23", "close": 25.283987, "volume": 394, "typical_volume": null, "trend": null, "fair_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": 25.248912, "volume": 1206, "typical_volume": null, "trend": null, "fair_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": 25.101713, "volume": 7, "typical_volume": null, "trend": null, "fair_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": 25.520905, "volume": 84, "typical_volume": null, "trend": null, "fair_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": 25.686445, "volume": 240, "typical_volume": null, "trend": null, "fair_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": 25.930977, "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": "2024-10-04", "close": 25.83605, "volume": 7774, "typical_volume": null, "trend": null, "fair_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": 25.73941, "volume": 174, "typical_volume": null, "trend": null, "fair_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": 25.767116, "volume": 12, "typical_volume": null, "trend": null, "fair_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": 25.504045, "volume": 509, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 25.305337, "volume": 45480, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 25.742171, "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": "2024-11-15", "close": 25.410165, "volume": 214, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 25.651148, "volume": 2, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 25.845381, "volume": 404, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 25.902508, "volume": 3466, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 25.671142, "volume": 128, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 25.277535, "volume": 8286, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 25.314572, "volume": 1411, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 25.3092, "volume": 4367, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 25.01518, "volume": 409, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 25.454136, "volume": 318, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 25.685475, "volume": 197410, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 25.612669, "volume": 1958, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 25.625013, "volume": 491, "typical_volume": null, "trend": null, "fair_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": 25.798782, "volume": 14657, "typical_volume": null, "trend": null, "fair_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": 25.651724, "volume": 568344, "typical_volume": null, "trend": null, "fair_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": 25.574483, "volume": 732, "typical_volume": null, "trend": null, "fair_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": 25.320482, "volume": 601, "typical_volume": null, "trend": null, "fair_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": 25.133405, "volume": 20369, "typical_volume": null, "trend": null, "fair_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": 25.200907, "volume": 19999, "typical_volume": null, "trend": null, "fair_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": 25.079587, "volume": 29744, "typical_volume": null, "trend": null, "fair_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": 24.102266, "volume": 10629, "typical_volume": null, "trend": null, "fair_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": 24.386195, "volume": 243, "typical_volume": null, "trend": null, "fair_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": 24.541294, "volume": 414, "typical_volume": null, "trend": null, "fair_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": 24.944747, "volume": 757, "typical_volume": null, "trend": null, "fair_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": 25.225089, "volume": 1328, "typical_volume": null, "trend": null, "fair_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": 25.207641, "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": "2025-05-16", "close": 25.577165, "volume": 2344, "typical_volume": null, "trend": null, "fair_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": 25.432341, "volume": 1433, "typical_volume": null, "trend": null, "fair_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": 25.588022, "volume": 365, "typical_volume": null, "trend": null, "fair_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": 25.759019, "volume": 3210, "typical_volume": null, "trend": null, "fair_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": 25.79508, "volume": 321032, "typical_volume": null, "trend": null, "fair_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": 25.79285, "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": "2025-06-27", "close": 26.212687, "volume": 526, "typical_volume": null, "trend": null, "fair_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": 26.388531, "volume": 409, "typical_volume": null, "trend": null, "fair_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": 26.288857, "volume": 1728, "typical_volume": null, "trend": null, "fair_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": 26.382484, "volume": 210, "typical_volume": null, "trend": null, "fair_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": 26.602314, "volume": 27, "typical_volume": 20747.4, "trend": 25.489588, "fair_value": 25.02226, "relative_strength": -5.4719, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.742029, "energy": 95.334437, "activity_lines": [ 26.426522, 26.214586, 25.80781, 25.637597 ] }, { "date": "2025-08-01", "close": 26.373414, "volume": 15, "typical_volume": 19729.7, "trend": 25.525061, "fair_value": 25.038941, "relative_strength": -3.769767, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.259415, "energy": 87.997836, "activity_lines": [ 26.426002, 26.278076, 25.892705, 25.694618 ] }, { "date": "2025-08-08", "close": 26.640058, "volume": 272, "typical_volume": 18743.35, "trend": 25.579224, "fair_value": 25.058466, "relative_strength": -4.944479, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.223027, "energy": 88.32071, "activity_lines": [ 26.503648, 26.372936, 25.997089, 25.766554 ] }, { "date": "2025-08-15", "close": 26.766747, "volume": 269, "typical_volume": 17269.6, "trend": 25.622978, "fair_value": 25.079048, "relative_strength": -5.252123, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.74946, "energy": 90.580345, "activity_lines": [ 26.606755, 26.471703, 26.106686, 25.843168 ] }, { "date": "2025-08-22", "close": 26.9107, "volume": 513, "typical_volume": 16763.8, "trend": 25.663818, "fair_value": 25.100854, "relative_strength": -4.85876, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.266137, "energy": 74.178486, "activity_lines": [ 26.725987, 26.578321, 26.221958, 25.926247 ] }, { "date": "2025-08-29", "close": 26.863398, "volume": 568, "typical_volume": 16780.05, "trend": 25.705509, "fair_value": 25.121589, "relative_strength": -4.833054, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.132294, "energy": 76.199691, "activity_lines": [ 26.794237, 26.656054, 26.319352, 26.003639 ] }, { "date": "2025-09-05", "close": 27.05709, "volume": 2551, "typical_volume": 16886.9, "trend": 25.753245, "fair_value": 25.144095, "relative_strength": -4.251265, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.416564, "energy": 87.225874, "activity_lines": [ 26.909646, 26.74954, 26.423396, 26.090838 ] }, { "date": "2025-09-12", "close": 27.3369, "volume": 276, "typical_volume": 16862.85, "trend": 25.804516, "fair_value": 25.1693, "relative_strength": -4.573029, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.992155, "energy": 87.442349, "activity_lines": [ 27.072747, 26.878547, 26.54211, 26.193009 ] }, { "date": "2025-09-19", "close": 27.439793, "volume": 2319, "typical_volume": 16912.4, "trend": 25.864118, "fair_value": 25.195101, "relative_strength": -5.198833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.966425, "energy": 86.443987, "activity_lines": [ 27.223689, 27.009019, 26.659231, 26.298511 ] }, { "date": "2025-09-26", "close": 27.363284, "volume": 209, "typical_volume": 16914.1, "trend": 25.923745, "fair_value": 25.219463, "relative_strength": -5.002766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.546054, "energy": 88.123219, "activity_lines": [ 27.304258, 27.104655, 26.758519, 26.395231 ] }, { "date": "2025-10-03", "close": 27.629706, "volume": 164, "typical_volume": 16805.1, "trend": 26.000719, "fair_value": 25.246243, "relative_strength": -4.954417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.877483, "energy": 91.67753, "activity_lines": [ 27.443462, 27.230897, 26.872916, 26.505293 ] }, { "date": "2025-10-10", "close": 27.320385, "volume": 4334, "typical_volume": 16950.15, "trend": 26.073618, "fair_value": 25.269036, "relative_strength": -3.5556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.223917, "energy": 68.041942, "activity_lines": [ 27.428472, 27.28222, 26.94808, 26.590433 ] }, { "date": "2025-10-17", "close": 27.678299, "volume": 2373, "typical_volume": 17050.55, "trend": 26.156198, "fair_value": 25.295223, "relative_strength": -3.838426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.421159, "energy": 72.407037, "activity_lines": [ 27.515234, 27.381401, 27.048341, 26.693961 ] }, { "date": "2025-10-24", "close": 27.863538, "volume": 35, "typical_volume": 16891.8, "trend": 26.248996, "fair_value": 25.32284, "relative_strength": -4.887958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.745315, "energy": 74.234323, "activity_lines": [ 27.640982, 27.495384, 27.156289, 26.804112 ] }, { "date": "2025-10-31", "close": 27.791386, "volume": 15109, "typical_volume": 1595.65, "trend": 26.371967, "fair_value": 25.349101, "relative_strength": -5.631044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.392841, "energy": 69.873298, "activity_lines": [ 27.71443, 27.576307, 27.247344, 26.903621 ] }, { "date": "2025-11-07", "close": 27.664457, "volume": 252, "typical_volume": 1607.95, "trend": 26.481243, "fair_value": 25.373473, "relative_strength": -4.410471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.591484, "energy": 66.9602, "activity_lines": [ 27.717028, 27.61814, 27.316805, 26.987007 ] }, { "date": "2025-11-14", "close": 27.708043, "volume": 402632, "typical_volume": 21713.25, "trend": 26.586801, "fair_value": 25.397791, "relative_strength": -4.282738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.773223, "energy": 65.453357, "activity_lines": [ 27.731838, 27.653332, 27.381504, 27.066156 ] }, { "date": "2025-11-21", "close": 27.488446, "volume": 2596, "typical_volume": 21822.6, "trend": 26.671591, "fair_value": 25.419345, "relative_strength": -3.101044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.192939, "energy": 59.061501, "activity_lines": [ 27.647606, 27.636763, 27.418169, 27.124326 ] }, { "date": "2025-11-28", "close": 27.930193, "volume": 2518, "typical_volume": 21862.1, "trend": 26.761761, "fair_value": 25.444965, "relative_strength": -4.945426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.797168, "energy": 60.736586, "activity_lines": [ 27.723279, 27.697755, 27.491667, 27.205526 ] }, { "date": "2025-12-05", "close": 27.953654, "volume": 65772, "typical_volume": 25140.2, "trend": 26.853295, "fair_value": 25.470306, "relative_strength": -5.084292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.425983, "energy": 62.56219, "activity_lines": [ 27.802328, 27.754097, 27.559583, 27.282423 ] }, { "date": "2025-12-12", "close": 27.918707, "volume": 379, "typical_volume": 25157.8, "trend": 26.931346, "fair_value": 25.49479, "relative_strength": -4.568876, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.265457, "energy": 61.260051, "activity_lines": [ 27.858911, 27.793351, 27.616689, 27.351159 ] }, { "date": "2025-12-19", "close": 27.99243, "volume": 63, "typical_volume": 25160.2, "trend": 27.016682, "fair_value": 25.519519, "relative_strength": -4.34121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.598587, "energy": 64.667287, "activity_lines": [ 27.923118, 27.840755, 27.674548, 27.419616 ] }, { "date": "2025-12-26", "close": 28.240201, "volume": 10129, "typical_volume": 25653.05, "trend": 27.105088, "fair_value": 25.546192, "relative_strength": -4.76248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.890114, "energy": 80.478781, "activity_lines": [ 28.050956, 27.920988, 27.748295, 27.498553 ] }, { "date": "2026-01-02", "close": 28.18189, "volume": 80, "typical_volume": 25643.6, "trend": 27.185851, "fair_value": 25.571782, "relative_strength": -3.879567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.026101, "energy": 75.500139, "activity_lines": [ 28.109241, 27.980404, 27.808869, 27.568024 ] }, { "date": "2026-01-09", "close": 28.470231, "volume": 199732, "typical_volume": 35604.55, "trend": 27.275022, "fair_value": 25.599651, "relative_strength": -4.31052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.032162, "energy": 88.428367, "activity_lines": [ 28.246859, 28.086456, 27.890164, 27.650887 ] }, { "date": "2026-01-16", "close": 28.530352, "volume": 8540, "typical_volume": 36003.15, "trend": 27.366272, "fair_value": 25.627563, "relative_strength": -3.694618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.576805, "energy": 93.241672, "activity_lines": [ 28.370079, 28.191098, 27.96976, 27.731876 ] }, { "date": "2026-01-23", "close": 28.660564, "volume": 2003, "typical_volume": 35975.75, "trend": 27.447868, "fair_value": 25.656176, "relative_strength": -2.863437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.19596, "energy": 92.479934, "activity_lines": [ 28.495927, 28.30367, 28.053818, 27.815379 ] }, { "date": "2026-01-30", "close": 28.694164, "volume": 1072, "typical_volume": 36015.55, "trend": 27.524723, "fair_value": 25.684568, "relative_strength": -3.065422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.963224, "energy": 90.420416, "activity_lines": [ 28.588432, 28.405033, 28.133441, 27.895785 ] }, { "date": "2026-02-06", "close": 28.859472, "volume": 24481, "typical_volume": 37123.65, "trend": 27.61041, "fair_value": 25.713966, "relative_strength": -2.256414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.249728, "energy": 87.026142, "activity_lines": [ 28.705776, 28.51453, 28.222345, 27.981898 ] }, { "date": "2026-02-13", "close": 28.970741, "volume": 841, "typical_volume": 37155.25, "trend": 27.696685, "fair_value": 25.743844, "relative_strength": -0.588879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.819764, "energy": 78.420722, "activity_lines": [ 28.815038, 28.627362, 28.315085, 28.069661 ] }, { "date": "2026-02-20", "close": 29.126477, "volume": 496, "typical_volume": 37171.85, "trend": 27.780824, "fair_value": 25.774595, "relative_strength": -1.122885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.618298, "energy": 88.242749, "activity_lines": [ 28.942844, 28.750017, 28.415002, 28.161906 ] }, { "date": "2026-02-27", "close": 29.203448, "volume": 218, "typical_volume": 36966.05, "trend": 27.875158, "fair_value": 25.805486, "relative_strength": -0.320729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.995446, "energy": 93.175401, "activity_lines": [ 29.056565, 28.864707, 28.515123, 28.253688 ] }, { "date": "2026-03-06", "close": 28.491667, "volume": 544, "typical_volume": 36874.6, "trend": 27.936879, "fair_value": 25.82947, "relative_strength": -0.687582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.811855, "energy": 65.160756, "activity_lines": [ 28.896834, 28.827964, 28.538488, 28.293463 ] }, { "date": "2026-03-13", "close": 28.116983, "volume": 29394, "typical_volume": 38342.55, "trend": 27.981887, "fair_value": 25.849713, "relative_strength": -0.378091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.163251, "energy": 32.528129, "activity_lines": [ 28.625708, 28.718524, 28.522295, 28.305082 ] }, { "date": "2026-03-20", "close": 27.735419, "volume": 850, "typical_volume": 37629.6, "trend": 28.009377, "fair_value": 25.866255, "relative_strength": 0.18121, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -3.073425, "energy": 22.53404, "activity_lines": [ 28.276893, 28.54089, 28.468557, 28.289181 ] }, { "date": "2026-03-27", "close": 27.6421, "volume": 13433, "typical_volume": 38288.65, "trend": 28.035334, "fair_value": 25.881697, "relative_strength": 2.218994, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.194963, "energy": 47.925464, "activity_lines": [ 27.979327, 28.359648, 28.406197, 28.265486 ] }, { "date": "2026-04-03", "close": 28.1798, "volume": 40291, "typical_volume": 20171.6, "trend": 28.072758, "fair_value": 25.901508, "relative_strength": 0.993475, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.980261, "energy": 40.094703, "activity_lines": [ 27.959953, 28.29232, 28.395153, 28.274806 ] }, { "date": "2026-04-10", "close": 28.6301, "volume": 65349, "typical_volume": 23309.25, "trend": 28.115864, "fair_value": 25.924829, "relative_strength": -0.779072, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.081951, "energy": 27.217965, "activity_lines": [ 28.158921, 28.315606, 28.424749, 28.310764 ] }, { "date": "2026-04-17", "close": 29.0617, "volume": 6396, "typical_volume": 23503.15, "trend": 28.169928, "fair_value": 25.951413, "relative_strength": -3.361874, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.869573, "energy": 24.778558, "activity_lines": [ 28.492528, 28.41853, 28.490013, 28.371785 ] }, { "date": "2026-04-24", "close": 28.839766, "volume": 12604, "typical_volume": 20844.75, "trend": 28.219144, "fair_value": 25.975685, "relative_strength": -4.374685, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.851267, "energy": 40.203644, "activity_lines": [ 28.689175, 28.477425, 28.528752, 28.415001 ] }, { "date": "2026-05-01", "close": 28.902092, "volume": 27707, "typical_volume": 22211.15, "trend": 28.261557, "fair_value": 26.000071, "relative_strength": -4.847528, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.994814, "energy": 46.525439, "activity_lines": [ 28.832975, 28.550033, 28.569207, 28.459062 ] }, { "date": "2026-05-08", "close": 29.242448, "volume": 10133, "typical_volume": 22714.65, "trend": 28.325626, "fair_value": 26.026868, "relative_strength": -5.703736, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.174074, "energy": 72.798985, "activity_lines": [ 29.006227, 28.688604, 28.637395, 28.522345 ] }, { "date": "2026-05-15", "close": 29.009745, "volume": 40983, "typical_volume": 24257.35, "trend": 28.370007, "fair_value": 26.051318, "relative_strength": -6.466649, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.254113, "energy": 68.120635, "activity_lines": [ 29.031068, 28.784156, 28.677467, 28.566482 ] }, { "date": "2026-05-22", "close": 29.190262, "volume": 11719, "typical_volume": 24839.3, "trend": 28.414231, "fair_value": 26.076838, "relative_strength": -6.475293, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.012934, "energy": 64.908582, "activity_lines": [ 29.090772, 28.90311, 28.731068, 28.619402 ] }, { "date": "2026-05-29", "close": 29.492448, "volume": 3218, "typical_volume": 15013.6, "trend": 28.470933, "fair_value": 26.104383, "relative_strength": -6.649874, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.88185, "energy": 68.12884, "activity_lines": [ 29.242634, 29.057493, 28.808646, 28.688964 ] }, { "date": "2026-06-05", "close": 29.011535, "volume": 8547, "typical_volume": 15013.95, "trend": 28.515836, "fair_value": 26.12764, "relative_strength": -5.634818, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.587348, "energy": 45.255992, "activity_lines": [ 29.190679, 29.092491, 28.835555, 28.723841 ] }, { "date": "2026-06-12", "close": 29.318194, "volume": 14129, "typical_volume": 15620.25, "trend": 28.569508, "fair_value": 26.152962, "relative_strength": -4.994211, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.694332, "energy": 47.439064, "activity_lines": [ 29.233648, 29.158346, 28.889379, 28.775607 ] }, { "date": "2026-06-19", "close": 29.511533, "volume": 6112, "typical_volume": 15872.25, "trend": 28.636944, "fair_value": 26.179407, "relative_strength": -5.057373, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.460374, "energy": 59.521425, "activity_lines": [ 29.336014, 29.238656, 28.958484, 28.836382 ] }, { "date": "2026-06-26", "close": 29.268, "volume": 11475, "typical_volume": 15221.95, "trend": 28.681537, "fair_value": 26.203537, "relative_strength": -3.416519, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.539654, "energy": 42.406748, "activity_lines": [ 29.323749, 29.258661, 29.000503, 28.877096 ] }, { "date": "2026-07-03", "close": 29.3232, "volume": 505, "typical_volume": 15205.15, "trend": 28.727189, "fair_value": 26.22772, "relative_strength": -5.141347, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.862704, "energy": 44.900841, "activity_lines": [ 29.324701, 29.284952, 29.045835, 28.918493 ] }, { "date": "2026-07-10", "close": 29.3293, "volume": 18604, "typical_volume": 16110.55, "trend": 28.774209, "fair_value": 26.251579, "relative_strength": -6.235865, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.820918, "energy": 41.919682, "activity_lines": [ 29.338971, 29.303562, 29.090068, 28.957339 ] }, { "date": "2026-07-17", "close": 29.1459, "volume": 941, "typical_volume": 16146.7, "trend": 28.812658, "fair_value": 26.273673, "relative_strength": -5.215718, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.590326, "energy": 29.106518, "activity_lines": [ 29.270922, 29.281059, 29.11587, 28.981319 ] }, { "date": "2026-07-24", "close": 29.0463, "volume": 3966, "typical_volume": 16317.8, "trend": 28.839528, "fair_value": 26.294678, "relative_strength": -4.853638, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.907905, "energy": 21.944798, "activity_lines": [ 29.18116, 29.242202, 29.132459, 28.996393 ] }, { "date": "2026-07-31", "close": 29.0798, "volume": 5461, "typical_volume": 15121.15, "trend": 28.869458, "fair_value": 26.315618, "relative_strength": -5.60268, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.092515, "energy": 17.943405, "activity_lines": [ 29.13358, 29.208771, 29.149598, 29.011894 ] }, { "date": "2026-08-07", "close": 29.521, "volume": 11812, "typical_volume": 15669.25, "trend": 28.904484, "fair_value": 26.339539, "relative_strength": -7.244049, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.143064, "energy": 25.944907, "activity_lines": [ 29.245613, 29.257568, 29.204171, 29.053929 ] } ], "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." } } }