{ "ticker": { "uuid": "24bae80b-43be-4629-9558-39f0bb6da48e", "symbol": "INAI-F", "name": "Invesco Morningstar Global Next Gen AI Index ETF (CAD Hedged)", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 71.017, "architecture_energy": 42.551, "architecture_maturity": 63.715, "architecture_confidence": 95.019, "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": 33.69, "rotation_up": 38.71, "upward_expansion": 66.14, "deceleration": 93.6, "rotation_down": 29.2, "downward_expansion": 15.47 }, "activity_lines": [ 46.885333, 46.773575, 46.222441, 44.367834 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 48.73, "trend_reference": 42.166545, "distance_from_trend": 0.155656, "trend_direction": "Improving", "fair_value": 30.803818, "distance_from_fair_value": 0.581947, "fair_value_direction": "Weakening", "relative_strength": 9.73625, "relative_strength_direction": "Weakening", "price_momentum": 0.342476, "excess_performance": 0.222055, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.155656, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.080736, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.581947, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.024231, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.097362, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.077674, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.342476, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.58678, "read": "Demand-led" } ], "volume": { "latest": 310, "relative_activity": 0.195961, "balance": 2.58678, "dry_up": 0.640349, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.04355, "annualized_volatility": 0.327602, "from_high_reference": -0.016323, "from_low_reference": 0.537406 }, "levels": { "trend_reference": 42.166545, "fair_value_reference": 30.803818, "structural_low": 33.540001, "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": -0.004842, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.022989, "regime_survival": 0.0, "best_return": 0.010087, "worst_return": -0.01977, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.126548, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.078149, "regime_survival": 0.5, "best_return": 0.30168, "worst_return": -0.048584, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.23844, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.139367, "regime_survival": 0.0, "best_return": 0.23844, "worst_return": 0.23844, "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": "2025-08-01", "end": "2025-11-28", "tenure": "Established", "return": 0.170381, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2025-12-26", "tenure": "New", "return": -0.002906, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-02-13", "tenure": "Developing", "return": -0.021978, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.034197, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.008215, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 0.006941, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-07-10", "tenure": "Developing", "return": 0.112302, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.07977, "active": true } ], "chart_path": [ { "date": "2024-01-26", "close": 20.870413, "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": "2024-02-02", "close": 20.850534, "volume": 300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 21.426954, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 22.212082, "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": "2024-02-23", "close": 22.212082, "volume": 430, "typical_volume": null, "trend": null, "fair_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": 22.579798, "volume": 1700, "typical_volume": null, "trend": null, "fair_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": 23.07671, "volume": 800, "typical_volume": null, "trend": null, "fair_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": 23.205912, "volume": 1400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 22.778564, "volume": 1200, "typical_volume": null, "trend": null, "fair_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": 22.906366, "volume": 69833, "typical_volume": null, "trend": null, "fair_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": 22.806946, "volume": 3750, "typical_volume": null, "trend": null, "fair_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": 22.518627, "volume": 1360, "typical_volume": null, "trend": null, "fair_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": 21.653677, "volume": 27605, "typical_volume": null, "trend": null, "fair_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": 21.763035, "volume": 3075, "typical_volume": null, "trend": null, "fair_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": 21.782919, "volume": 1961, "typical_volume": null, "trend": null, "fair_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": 22.021526, "volume": 602, "typical_volume": null, "trend": null, "fair_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": 22.677698, "volume": 1800, "typical_volume": null, "trend": null, "fair_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": 22.966017, "volume": 500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 21.872398, "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": "2024-06-07", "close": 22.956078, "volume": 3400, "typical_volume": null, "trend": null, "fair_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": 23.761379, "volume": 1300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 24.119291, "volume": 1741, "typical_volume": null, "trend": null, "fair_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": 24.310654, "volume": 701, "typical_volume": null, "trend": null, "fair_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": 25.106421, "volume": 2221, "typical_volume": null, "trend": null, "fair_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": 24.927372, "volume": 1745, "typical_volume": null, "trend": null, "fair_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": 23.763561, "volume": 5100, "typical_volume": null, "trend": null, "fair_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": 23.16674, "volume": 1000, "typical_volume": null, "trend": null, "fair_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": 22.042723, "volume": 7886, "typical_volume": null, "trend": null, "fair_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": 21.39616, "volume": 618, "typical_volume": null, "trend": null, "fair_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": 23.604412, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 24.081873, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 23.4751, "volume": 700, "typical_volume": null, "trend": null, "fair_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": 22.122297, "volume": 2590, "typical_volume": null, "trend": null, "fair_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": 23.803352, "volume": 2900, "typical_volume": null, "trend": null, "fair_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": 24.19129, "volume": 650, "typical_volume": null, "trend": null, "fair_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": 24.690657, "volume": 1300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 24.173159, "volume": 1000, "typical_volume": null, "trend": null, "fair_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": 25.188251, "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": "2024-10-18", "close": 25.54652, "volume": 5400, "typical_volume": null, "trend": null, "fair_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": 25.476858, "volume": 800, "typical_volume": null, "trend": null, "fair_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": 24.451811, "volume": 300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 24.451811, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 24.451811, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 25.994356, "volume": 1870, "typical_volume": null, "trend": null, "fair_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": 25.994356, "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": "2024-12-06", "close": 26.183441, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 27.16868, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 26.631279, "volume": 2362, "typical_volume": null, "trend": null, "fair_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": 26.631279, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 26.452093, "volume": 1010, "typical_volume": null, "trend": null, "fair_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": 26.731802, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 27.011507, "volume": 800, "typical_volume": null, "trend": null, "fair_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": 27.790684, "volume": 840, "typical_volume": null, "trend": null, "fair_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": 27.660822, "volume": 448, "typical_volume": null, "trend": null, "fair_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": 28.09037, "volume": 2043, "typical_volume": null, "trend": null, "fair_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": 28.699724, "volume": 756, "typical_volume": null, "trend": null, "fair_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": 28.180275, "volume": 805, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 26.542002, "volume": 505, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 26.042526, "volume": 2173, "typical_volume": null, "trend": null, "fair_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": 24.993633, "volume": 715, "typical_volume": null, "trend": null, "fair_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": 25.443157, "volume": 9800, "typical_volume": null, "trend": null, "fair_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": 25.34235, "volume": 1303, "typical_volume": null, "trend": null, "fair_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": 21.544994, "volume": 4476, "typical_volume": null, "trend": null, "fair_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": 22.694195, "volume": 9007, "typical_volume": null, "trend": null, "fair_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": 22.424381, "volume": 7100, "typical_volume": null, "trend": null, "fair_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": 22.424381, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-02", "close": 25.652134, "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": "2025-05-09", "close": 25.382324, "volume": 300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-16", "close": 27.830618, "volume": 2970, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-23", "close": 27.690712, "volume": 170, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-30", "close": 27.640749, "volume": 1900, "typical_volume": null, "trend": null, "fair_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": 28.020485, "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": "2025-06-13", "close": 29.059761, "volume": 1404, "typical_volume": null, "trend": null, "fair_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": 29.34956, "volume": 858, "typical_volume": null, "trend": null, "fair_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": 30.826624, "volume": 2142, "typical_volume": null, "trend": null, "fair_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": 30.826624, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-11", "close": 30.826624, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-18", "close": 30.826624, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-25", "close": 32.256001, "volume": 873, "typical_volume": null, "trend": null, "fair_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": 31.816195, "volume": 1122, "typical_volume": 2225.0, "trend": 27.320728, "fair_value": 25.02649, "relative_strength": 12.48333, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.084989, "energy": 91.806202, "activity_lines": [ 31.537648, 30.87668, 29.052019, 28.088271 ] }, { "date": "2025-08-08", "close": 32.735794, "volume": 153, "typical_volume": 1742.65, "trend": 27.520861, "fair_value": 25.121666, "relative_strength": 12.202173, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.768531, "energy": 92.397179, "activity_lines": [ 32.012775, 31.347748, 29.560768, 28.437631 ] }, { "date": "2025-08-15", "close": 32.975693, "volume": 1215, "typical_volume": 1738.25, "trend": 27.719667, "fair_value": 25.217447, "relative_strength": 12.106083, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.466481, "energy": 94.994167, "activity_lines": [ 32.44059, 31.769796, 30.057638, 28.789555 ] }, { "date": "2025-08-22", "close": 32.385944, "volume": 2994, "typical_volume": 1664.15, "trend": 27.872843, "fair_value": 25.303814, "relative_strength": 8.224549, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.419717, "energy": 86.634494, "activity_lines": [ 32.528551, 31.994522, 30.461993, 29.090605 ] }, { "date": "2025-08-29", "close": 32.515888, "volume": 3839, "typical_volume": 1405.75, "trend": 28.034678, "fair_value": 25.389672, "relative_strength": 7.51854, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.000904, "energy": 67.784467, "activity_lines": [ 32.555872, 32.182398, 30.827099, 29.390157 ] }, { "date": "2025-09-05", "close": 32.885731, "volume": 100, "typical_volume": 1055.75, "trend": 28.194523, "fair_value": 25.477861, "relative_strength": 6.610255, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.961877, "energy": 69.323966, "activity_lines": [ 32.689148, 32.379949, 31.180658, 29.703128 ] }, { "date": "2025-09-12", "close": 34.854874, "volume": 300, "typical_volume": 1070.75, "trend": 28.399695, "fair_value": 25.586896, "relative_strength": 11.729256, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.804971, "energy": 76.790086, "activity_lines": [ 33.407503, 32.898088, 31.67194, 30.132828 ] }, { "date": "2025-09-19", "close": 35.554569, "volume": 724, "typical_volume": 1061.95, "trend": 28.645505, "fair_value": 25.701467, "relative_strength": 11.752072, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.280198, "energy": 80.234552, "activity_lines": [ 34.217817, 33.470202, 32.170665, 30.594433 ] }, { "date": "2025-09-26", "close": 35.324669, "volume": 1455, "typical_volume": 1119.7, "trend": 28.93826, "fair_value": 25.810822, "relative_strength": 10.744501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.381311, "energy": 93.407735, "activity_lines": [ 34.779573, 33.914555, 32.600341, 31.025346 ] }, { "date": "2025-10-03", "close": 36.727253, "volume": 638, "typical_volume": 1003.1, "trend": 29.294418, "fair_value": 25.933478, "relative_strength": 12.045468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.274303, "energy": 96.329128, "activity_lines": [ 35.612942, 34.53214, 33.116252, 31.527862 ] }, { "date": "2025-10-10", "close": 36.197437, "volume": 1891, "typical_volume": 1089.15, "trend": 29.667878, "fair_value": 26.047522, "relative_strength": 12.357496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.244748, "energy": 78.893913, "activity_lines": [ 35.988948, 34.972099, 33.53934, 31.973218 ] }, { "date": "2025-10-17", "close": 36.507328, "volume": 300, "typical_volume": 1009.15, "trend": 30.036684, "fair_value": 26.162465, "relative_strength": 11.983999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.252098, "energy": 71.271001, "activity_lines": [ 36.24747, 35.388743, 33.951433, 32.414473 ] }, { "date": "2025-10-24", "close": 37.54697, "volume": 436, "typical_volume": 1022.2, "trend": 30.443505, "fair_value": 26.28621, "relative_strength": 13.849423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.097042, "energy": 75.516655, "activity_lines": [ 36.742377, 35.92584, 34.420317, 32.899007 ] }, { "date": "2025-10-31", "close": 39.626247, "volume": 2290, "typical_volume": 1066.5, "trend": 31.046213, "fair_value": 26.429651, "relative_strength": 19.881574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.556181, "energy": 78.4138, "activity_lines": [ 37.797548, 36.757873, 35.041864, 33.491442 ] }, { "date": "2025-11-07", "close": 37.876854, "volume": 1954, "typical_volume": 1121.3, "trend": 31.552302, "fair_value": 26.55143, "relative_strength": 15.358173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.238823, "energy": 68.097575, "activity_lines": [ 37.982817, 37.140192, 35.446485, 33.932129 ] }, { "date": "2025-11-14", "close": 37.696915, "volume": 2021, "typical_volume": 1115.25, "trend": 32.061386, "fair_value": 26.668751, "relative_strength": 12.726892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.560038, "energy": 66.952122, "activity_lines": [ 38.031467, 37.392323, 35.793363, 34.328556 ] }, { "date": "2025-11-21", "close": 35.417706, "volume": 6317, "typical_volume": 1431.1, "trend": 32.494497, "fair_value": 26.759886, "relative_strength": 6.210674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.89045, "energy": 59.343983, "activity_lines": [ 37.220414, 37.142577, 35.890457, 34.545092 ] }, { "date": "2025-11-28", "close": 37.237076, "volume": 1691, "typical_volume": 1515.65, "trend": 32.880662, "fair_value": 26.867898, "relative_strength": 6.996077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.264733, "energy": 42.615834, "activity_lines": [ 37.08846, 37.213392, 36.138963, 34.851065 ] }, { "date": "2025-12-05", "close": 37.836864, "volume": 739, "typical_volume": 1552.6, "trend": 33.295813, "fair_value": 26.979826, "relative_strength": 8.61093, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.661835, "energy": 40.448094, "activity_lines": [ 37.177095, 37.362668, 36.414065, 35.17082 ] }, { "date": "2025-12-12", "close": 36.807224, "volume": 312, "typical_volume": 1524.55, "trend": 33.595033, "fair_value": 27.079093, "relative_strength": 4.763952, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.840405, "energy": 31.027278, "activity_lines": [ 37.041809, 37.27906, 36.557725, 35.397363 ] }, { "date": "2025-12-19", "close": 36.667274, "volume": 614, "typical_volume": 1499.15, "trend": 33.894252, "fair_value": 27.174975, "relative_strength": 3.486269, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.242033, "energy": 33.186764, "activity_lines": [ 36.931181, 37.168553, 36.666383, 35.595572 ] }, { "date": "2025-12-26", "close": 37.726906, "volume": 177, "typical_volume": 1500.35, "trend": 34.230457, "fair_value": 27.279449, "relative_strength": 5.474149, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.080779, "energy": 39.993376, "activity_lines": [ 37.242407, 37.242164, 36.852858, 35.84284 ] }, { "date": "2026-01-02", "close": 38.218529, "volume": 606, "typical_volume": 1469.9, "trend": 34.570392, "fair_value": 27.386695, "relative_strength": 6.974182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.294699, "energy": 43.602109, "activity_lines": [ 37.56356, 37.382987, 37.062388, 36.100135 ] }, { "date": "2026-01-09", "close": 38.468521, "volume": 1136, "typical_volume": 1377.0, "trend": 34.884017, "fair_value": 27.494286, "relative_strength": 5.084621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.199052, "energy": 48.451882, "activity_lines": [ 37.902614, 37.557053, 37.27076, 36.351627 ] }, { "date": "2026-01-16", "close": 39.278488, "volume": 6196, "typical_volume": 1494.85, "trend": 35.214982, "fair_value": 27.607595, "relative_strength": 5.706784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.048605, "energy": 63.873767, "activity_lines": [ 38.469546, 37.899435, 37.527307, 36.635141 ] }, { "date": "2026-01-23", "close": 39.648476, "volume": 2918, "typical_volume": 1635.75, "trend": 35.509043, "fair_value": 27.72227, "relative_strength": 6.175716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.263572, "energy": 73.877265, "activity_lines": [ 38.995057, 38.283603, 37.786889, 36.921173 ] }, { "date": "2026-01-30", "close": 40.20845, "volume": 1772, "typical_volume": 1709.35, "trend": 35.821771, "fair_value": 27.840065, "relative_strength": 11.460088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.647636, "energy": 83.669484, "activity_lines": [ 39.508479, 38.734102, 38.067597, 37.224361 ] }, { "date": "2026-02-06", "close": 36.298603, "volume": 867, "typical_volume": 1716.5, "trend": 36.00417, "fair_value": 27.919116, "relative_strength": -1.098096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.495981, "energy": 38.408152, "activity_lines": [ 38.553183, 38.386615, 37.950446, 37.255124 ] }, { "date": "2026-02-13", "close": 37.378563, "volume": 701, "typical_volume": 1678.8, "trend": 36.222568, "fair_value": 28.006704, "relative_strength": -0.018158, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.506412, "energy": 26.187663, "activity_lines": [ 38.085868, 38.252548, 37.932606, 37.343795 ] }, { "date": "2026-02-20", "close": 37.428558, "volume": 314, "typical_volume": 1662.6, "trend": 36.394987, "fair_value": 28.093143, "relative_strength": -2.063365, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.024834, "energy": 21.276189, "activity_lines": [ 37.707882, 38.135903, 37.909746, 37.421601 ] }, { "date": "2026-02-27", "close": 36.978577, "volume": 1060, "typical_volume": 1621.05, "trend": 36.567066, "fair_value": 28.173919, "relative_strength": -4.764262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.286732, "energy": 25.873326, "activity_lines": [ 37.303231, 37.926147, 37.840692, 37.459252 ] }, { "date": "2026-03-06", "close": 35.998615, "volume": 1042, "typical_volume": 1658.15, "trend": 36.675827, "fair_value": 28.244412, "relative_strength": -3.826806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.916881, "energy": 27.384355, "activity_lines": [ 36.749919, 37.532556, 37.674588, 37.422577 ] }, { "date": "2026-03-13", "close": 36.148609, "volume": 119461, "typical_volume": 7609.4, "trend": 36.781591, "fair_value": 28.314985, "relative_strength": -1.972994, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.877638, "energy": 41.044954, "activity_lines": [ 36.527261, 37.197659, 37.525191, 37.388563 ] }, { "date": "2026-03-20", "close": 36.688587, "volume": 932, "typical_volume": 7541.5, "trend": 36.925012, "fair_value": 28.389088, "relative_strength": 3.114528, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.443334, "energy": 38.729322, "activity_lines": [ 36.494595, 36.998576, 37.43388, 37.382563 ] }, { "date": "2026-03-27", "close": 33.7687, "volume": 2753, "typical_volume": 7581.45, "trend": 36.966772, "fair_value": 28.436278, "relative_strength": -7.05415, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.202953, "energy": 69.230257, "activity_lines": [ 35.534632, 36.300966, 37.078474, 37.17893 ] }, { "date": "2026-04-03", "close": 35.169998, "volume": 2420, "typical_volume": 7601.4, "trend": 37.042915, "fair_value": 28.494832, "relative_strength": -6.762615, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.165862, "energy": 57.635981, "activity_lines": [ 35.285759, 35.958316, 36.876087, 37.063009 ] }, { "date": "2026-04-10", "close": 36.990002, "volume": 404, "typical_volume": 7305.75, "trend": 37.114086, "fair_value": 28.568066, "relative_strength": -3.867852, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.922407, "energy": 41.940435, "activity_lines": [ 35.764126, 36.028003, 36.859066, 37.059595 ] }, { "date": "2026-04-17", "close": 41.779999, "volume": 1674, "typical_volume": 7304.9, "trend": 37.3216, "fair_value": 28.680988, "relative_strength": 6.007384, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.977004, "energy": 18.75844, "activity_lines": [ 37.773066, 37.027115, 37.290749, 37.360622 ] }, { "date": "2026-04-24", "close": 42.07, "volume": 1503, "typical_volume": 7343.1, "trend": 37.546444, "fair_value": 28.794455, "relative_strength": 7.534627, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.691072, "energy": 57.654611, "activity_lines": [ 39.503247, 37.979293, 37.728418, 37.66697 ] }, { "date": "2026-05-01", "close": 43.10878, "volume": 1319, "typical_volume": 7393.45, "trend": 37.759162, "fair_value": 28.914743, "relative_strength": 9.779557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.695692, "energy": 83.345226, "activity_lines": [ 41.220927, 39.035041, 38.24486, 38.025831 ] }, { "date": "2026-05-08", "close": 46.68, "volume": 1706, "typical_volume": 7448.05, "trend": 38.108581, "fair_value": 29.062787, "relative_strength": 17.503675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.381724, "energy": 97.104776, "activity_lines": [ 43.506341, 40.636826, 39.071411, 38.601369 ] }, { "date": "2026-05-15", "close": 45.630001, "volume": 352, "typical_volume": 7456.8, "trend": 38.41267, "fair_value": 29.199706, "relative_strength": 15.163885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.176704, "energy": 93.23418, "activity_lines": [ 44.674423, 41.871311, 39.750283, 39.086622 ] }, { "date": "2026-05-22", "close": 46.268692, "volume": 3801, "typical_volume": 7616.55, "trend": 38.703394, "fair_value": 29.339616, "relative_strength": 14.104393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.609404, "energy": 92.548943, "activity_lines": [ 45.479402, 43.046807, 40.452349, 39.593462 ] }, { "date": "2026-05-29", "close": 49.02, "volume": 5545, "typical_volume": 7837.0, "trend": 39.016519, "fair_value": 29.499619, "relative_strength": 19.16497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.907947, "energy": 95.962131, "activity_lines": [ 46.902237, 44.538538, 41.37811, 40.259049 ] }, { "date": "2026-06-05", "close": 46.858673, "volume": 1644, "typical_volume": 7609.4, "trend": 39.315913, "fair_value": 29.639611, "relative_strength": 14.526853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.994202, "energy": 73.496274, "activity_lines": [ 47.141296, 45.413094, 42.047785, 40.764995 ] }, { "date": "2026-06-12", "close": 46.998669, "volume": 100, "typical_volume": 7468.5, "trend": 39.625971, "fair_value": 29.778484, "relative_strength": 12.691401, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.426261, "energy": 66.567572, "activity_lines": [ 47.177028, 46.075104, 42.694697, 41.260656 ] }, { "date": "2026-06-19", "close": 49.308605, "volume": 206, "typical_volume": 7390.2, "trend": 40.089001, "fair_value": 29.933485, "relative_strength": 17.552501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.65027, "energy": 70.820945, "activity_lines": [ 47.961494, 46.942035, 43.526601, 41.885342 ] }, { "date": "2026-06-26", "close": 45.958698, "volume": 1015, "typical_volume": 7397.6, "trend": 40.379722, "fair_value": 30.059667, "relative_strength": 9.253056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.776876, "energy": 60.387902, "activity_lines": [ 47.384084, 46.975918, 43.996133, 42.264033 ] }, { "date": "2026-07-03", "close": 45.810001, "volume": 0, "typical_volume": 7362.55, "trend": 40.645493, "fair_value": 30.182717, "relative_strength": 7.797749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.653547, "energy": 50.655355, "activity_lines": [ 46.777775, 46.906789, 44.405503, 42.614373 ] }, { "date": "2026-07-10", "close": 47.950001, "volume": 3145, "typical_volume": 7504.1, "trend": 41.016919, "fair_value": 30.320448, "relative_strength": 12.258833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.682528, "energy": 51.978275, "activity_lines": [ 47.098799, 47.158751, 44.978533, 43.085632 ] }, { "date": "2026-07-17", "close": 45.130001, "volume": 2526, "typical_volume": 7577.4, "trend": 41.29901, "fair_value": 30.434367, "relative_strength": 5.527215, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.704, "energy": 35.538305, "activity_lines": [ 46.407068, 46.809963, 45.232889, 43.350992 ] }, { "date": "2026-07-24", "close": 45.419998, "volume": 119, "typical_volume": 7531.25, "trend": 41.555446, "fair_value": 30.548762, "relative_strength": 5.70338, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.531639, "energy": 31.287278, "activity_lines": [ 45.93658, 46.542084, 45.476048, 43.616862 ] }, { "date": "2026-07-31", "close": 46.290001, "volume": 1097, "typical_volume": 1613.05, "trend": 41.824496, "fair_value": 30.668013, "relative_strength": 7.932039, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.333811, "energy": 29.502897, "activity_lines": [ 46.015334, 46.436205, 45.757201, 43.922317 ] }, { "date": "2026-08-07", "close": 48.73, "volume": 310, "typical_volume": 1581.95, "trend": 42.166545, "fair_value": 30.803818, "relative_strength": 9.73625, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.016755, "energy": 42.551313, "activity_lines": [ 46.885333, 46.773575, 46.222441, 44.367834 ] } ], "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." } } }