{ "ticker": { "uuid": "4648d47b-5ea1-4648-9cd4-7014d5abd89e", "symbol": "AVGX", "name": "DEFIANCE DAILY TARGET 2X LONG AVGO ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 61.451, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 34.704, "architecture_energy": 14.878, "architecture_maturity": 39.158, "architecture_confidence": 66.116, "architecture_tenure": "Developing", "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": 51.52, "rotation_up": 35.42, "upward_expansion": 52.79, "deceleration": 64.54, "rotation_down": 21.16, "downward_expansion": 21.12 }, "activity_lines": [ 50.865333, 49.217273, 52.293333, 50.883226 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 57.82, "trend_reference": 48.560333, "distance_from_trend": 0.190684, "trend_direction": "Weakening", "fair_value": 37.024609, "distance_from_fair_value": 0.561664, "fair_value_direction": "Weakening", "relative_strength": 3.54432, "relative_strength_direction": "Weakening", "price_momentum": 0.377323, "excess_performance": 0.189869, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.190684, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.016193, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.561664, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.314776, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.035443, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.209495, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.377323, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.44381, "read": "Supply-led" } ], "volume": { "latest": 2464059, "relative_activity": 0.619529, "balance": 0.44381, "dry_up": 0.576268, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.199873, "annualized_volatility": 0.992076, "from_high_reference": -0.31816, "from_low_reference": 0.874838 }, "levels": { "trend_reference": 48.560333, "fair_value_reference": 37.024609, "structural_low": 30.84, "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": 0.092318, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.090582, "regime_survival": 1.0, "best_return": 0.11471, "worst_return": 0.069926, "sufficient": false }, { "horizon": "Intermediate", "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": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-04-10", "tenure": "Developing", "return": 0.305577, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 0.076793, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": 0.005082, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": -0.165554, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.192657, "active": true } ], "chart_path": [ { "date": "2024-08-23", "close": 19.561686, "volume": 58656, "typical_volume": null, "trend": null, "fair_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": 18.635011, "volume": 343780, "typical_volume": null, "trend": null, "fair_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": 12.885393, "volume": 1312951, "typical_volume": null, "trend": null, "fair_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": 19.074286, "volume": 1625224, "typical_volume": null, "trend": null, "fair_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": 19.884504, "volume": 1304086, "typical_volume": null, "trend": null, "fair_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": 20.157831, "volume": 777650, "typical_volume": null, "trend": null, "fair_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": 20.97781, "volume": 513169, "typical_volume": null, "trend": null, "fair_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": 22.002785, "volume": 1020090, "typical_volume": null, "trend": null, "fair_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": 21.524463, "volume": 969709, "typical_volume": null, "trend": null, "fair_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": 19.845457, "volume": 571973, "typical_volume": null, "trend": null, "fair_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": 18.810721, "volume": 588013, "typical_volume": null, "trend": null, "fair_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": 22.110163, "volume": 451956, "typical_volume": null, "trend": null, "fair_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": 17.736939, "volume": 564414, "typical_volume": null, "trend": null, "fair_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": 17.541705, "volume": 712893, "typical_volume": null, "trend": null, "fair_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": 17.053622, "volume": 452494, "typical_volume": null, "trend": null, "fair_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": 20.792339, "volume": 1570876, "typical_volume": null, "trend": null, "fair_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": 30.710186, "volume": 7403949, "typical_volume": null, "trend": null, "fair_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": 29.119036, "volume": 8678478, "typical_volume": null, "trend": null, "fair_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": 34.800323, "volume": 6576605, "typical_volume": null, "trend": null, "fair_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": 32.03138, "volume": 4276331, "typical_volume": null, "trend": null, "fair_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": 29.630257, "volume": 2813688, "typical_volume": null, "trend": null, "fair_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": 33.005606, "volume": 2906484, "typical_volume": null, "trend": null, "fair_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": 34.895015, "volume": 2725756, "typical_volume": null, "trend": null, "fair_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": 27.209452, "volume": 13025573, "typical_volume": null, "trend": null, "fair_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": 27.91798, "volume": 5708542, "typical_volume": null, "trend": null, "fair_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": 29.817229, "volume": 3545724, "typical_volume": null, "trend": null, "fair_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": 26.077775, "volume": 2730615, "typical_volume": null, "trend": null, "fair_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": 21.482182, "volume": 3516672, "typical_volume": null, "trend": null, "fair_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": 20.074966, "volume": 10157274, "typical_volume": null, "trend": null, "fair_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": 20.065126, "volume": 5723138, "typical_volume": null, "trend": null, "fair_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": 19.277872, "volume": 3023503, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 14.859411, "volume": 4921124, "typical_volume": null, "trend": null, "fair_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": 10.923143, "volume": 6111298, "typical_volume": null, "trend": null, "fair_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": 16.178061, "volume": 8623268, "typical_volume": null, "trend": null, "fair_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": 14.25913, "volume": 2472454, "typical_volume": null, "trend": null, "fair_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": 17.850975, "volume": 3540238, "typical_volume": null, "trend": null, "fair_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": 19.917516, "volume": 2739633, "typical_volume": null, "trend": null, "fair_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": 20.773654, "volume": 2158286, "typical_volume": null, "trend": null, "fair_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": 24.818169, "volume": 2747910, "typical_volume": null, "trend": null, "fair_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": 24.778806, "volume": 1499500, "typical_volume": null, "trend": null, "fair_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": 27.62276, "volume": 2377188, "typical_volume": null, "trend": null, "fair_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": 28.577305, "volume": 8156444, "typical_volume": null, "trend": null, "fair_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": 28.823322, "volume": 4973010, "typical_volume": null, "trend": null, "fair_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": 29.128382, "volume": 2303379, "typical_volume": null, "trend": null, "fair_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": 33.65509, "volume": 3293355, "typical_volume": null, "trend": null, "fair_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": 34.944218, "volume": 1942891, "typical_volume": null, "trend": null, "fair_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": 34.609635, "volume": 2058096, "typical_volume": null, "trend": null, "fair_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": 36.794264, "volume": 1529453, "typical_volume": null, "trend": null, "fair_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": 38.516381, "volume": 2117309, "typical_volume": null, "trend": null, "fair_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": 37.798012, "volume": 1694793, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-08", "close": 42.059022, "volume": 1779145, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-15", "close": 42.265676, "volume": 1595696, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-22", "close": 38.762398, "volume": 1286242, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-29", "close": 39.360219, "volume": 1474061, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-05", "close": 49.478887, "volume": 4527521, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-12", "close": 56.465763, "volume": 4710028, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-19", "close": 51.545428, "volume": 2183256, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-26", "close": 48.475139, "volume": 2367521, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-03", "close": 49.459206, "volume": 2843578, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-10", "close": 45.040745, "volume": 4288875, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-17", "close": 51.565109, "volume": 5652310, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-24", "close": 52.795193, "volume": 2182596, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-31", "close": 57.095566, "volume": 3960055, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-07", "close": 50.807378, "volume": 2925976, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-14", "close": 48.583386, "volume": 2236203, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-21", "close": 47.60916, "volume": 2741836, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-28", "close": 65.853762, "volume": 3055648, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-05", "close": 61.514026, "volume": 2536426, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-12", "close": 51.171483, "volume": 10109322, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-19", "close": 45.316284, "volume": 9713879, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-26", "close": 48.573546, "volume": 3489213, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-02", "close": 47.18, "volume": 2346801, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-09", "close": 46.21, "volume": 4295986, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-16", "close": 47.75, "volume": 4548533, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-23", "close": 39.33, "volume": 5596766, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-30", "close": 41.99, "volume": 5034162, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-06", "close": 41.98, "volume": 7377440, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-13", "close": 39.79, "volume": 3906362, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-20", "close": 41.48, "volume": 1993464, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-27", "close": 38.19, "volume": 4292732, "typical_volume": 4399785.5, "trend": 47.589913, "fair_value": 33.090434, "relative_strength": -4.86837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.296654, "energy": 50.958074, "activity_lines": [ 40.146, 41.610064, 45.43013, 46.922243 ] }, { "date": "2026-03-06", "close": 40.52, "volume": 8329881, "typical_volume": 4533664.05, "trend": 47.538612, "fair_value": 33.182157, "relative_strength": 1.421667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.441525, "energy": 43.97722, "activity_lines": [ 40.090667, 41.114182, 44.694964, 46.46612 ] }, { "date": "2026-03-13", "close": 38.32, "volume": 4146783, "typical_volume": 4631873.4, "trend": 47.407089, "fair_value": 33.244814, "relative_strength": -3.736089, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.815327, "energy": 47.305942, "activity_lines": [ 39.4, 40.364727, 43.80287, 45.871371 ] }, { "date": "2026-03-20", "close": 35.52, "volume": 2689955, "typical_volume": 4568368.4, "trend": 47.299009, "fair_value": 33.272225, "relative_strength": -9.520523, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.041163, "energy": 57.996627, "activity_lines": [ 38.02, 39.267273, 42.713038, 45.104462 ] }, { "date": "2026-03-27", "close": 33.19, "volume": 2753427, "typical_volume": 4559740.95, "trend": 47.093335, "fair_value": 33.271247, "relative_strength": -13.307562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.254228, "energy": 61.072967, "activity_lines": [ 36.148, 37.940545, 41.504043, 44.194203 ] }, { "date": "2026-04-03", "close": 36.03, "volume": 2301109, "typical_volume": 4562986.25, "trend": 46.645039, "fair_value": 33.303702, "relative_strength": -10.395201, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.994946, "energy": 56.486802, "activity_lines": [ 35.775333, 37.394909, 40.649416, 43.48044 ] }, { "date": "2026-04-10", "close": 49.86, "volume": 3677778, "typical_volume": 4609783.35, "trend": 46.424847, "fair_value": 33.496218, "relative_strength": 17.202633, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.69566, "energy": 17.024281, "activity_lines": [ 40.156667, 39.423818, 41.17171, 43.687856 ] }, { "date": "2026-04-17", "close": 59.25, "volume": 2814503, "typical_volume": 4597726.1, "trend": 46.681666, "fair_value": 33.792238, "relative_strength": 29.060366, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.593158, "energy": 27.168713, "activity_lines": [ 47.045333, 43.016909, 42.577572, 44.515286 ] }, { "date": "2026-04-24", "close": 63.8, "volume": 2772502, "typical_volume": 4609529.9, "trend": 47.192495, "fair_value": 34.133235, "relative_strength": 33.855527, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.193561, "energy": 48.79292, "activity_lines": [ 54.055333, 47.123273, 44.448213, 45.619694 ] }, { "date": "2026-05-01", "close": 62.97, "volume": 1594792, "typical_volume": 4183803.4, "trend": 47.642855, "fair_value": 34.457244, "relative_strength": 28.296982, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.826115, "energy": 65.597561, "activity_lines": [ 58.903333, 50.642182, 46.228921, 46.637598 ] }, { "date": "2026-05-08", "close": 65.3, "volume": 2353282, "typical_volume": 3815773.55, "trend": 48.318163, "fair_value": 34.799941, "relative_strength": 24.493859, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.214506, "energy": 76.642948, "activity_lines": [ 62.542667, 54.194, 48.17535, 47.776768 ] }, { "date": "2026-05-15", "close": 63.29, "volume": 1860840, "typical_volume": 3734354.9, "trend": 48.708993, "fair_value": 35.113019, "relative_strength": 19.756994, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.670217, "energy": 81.541089, "activity_lines": [ 63.560667, 56.887455, 49.83519, 48.742693 ] }, { "date": "2026-05-22", "close": 59.92, "volume": 1307279, "typical_volume": 3682378.8, "trend": 48.946486, "fair_value": 35.38266, "relative_strength": 11.026834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.862887, "energy": 69.28117, "activity_lines": [ 62.56, 58.554182, 51.104, 49.465984 ] }, { "date": "2026-05-29", "close": 69.49, "volume": 2496789, "typical_volume": 3592418.95, "trend": 49.359634, "fair_value": 35.749405, "relative_strength": 23.847857, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.262507, "energy": 63.351561, "activity_lines": [ 64.704667, 61.568182, 53.223571, 50.791372 ] }, { "date": "2026-06-05", "close": 50.0, "volume": 21550992, "typical_volume": 4442541.9, "trend": 49.332722, "fair_value": 35.901008, "relative_strength": -7.080321, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.376004, "energy": 31.188338, "activity_lines": [ 59.973333, 60.420909, 53.376095, 50.832686 ] }, { "date": "2026-06-12", "close": 48.48, "volume": 7164618, "typical_volume": 4520934.5, "trend": 49.329275, "fair_value": 36.033418, "relative_strength": -12.210722, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.297289, "energy": 17.237852, "activity_lines": [ 55.6, 58.691636, 53.373143, 50.777672 ] }, { "date": "2026-06-19", "close": 55.62, "volume": 5421040, "typical_volume": 4540278.4, "trend": 49.596303, "fair_value": 36.237445, "relative_strength": -2.384026, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.307781, "energy": 18.703012, "activity_lines": [ 54.728, 58.034182, 54.006619, 51.183525 ] }, { "date": "2026-06-26", "close": 43.55, "volume": 4387593, "typical_volume": 4390786.05, "trend": 48.852845, "fair_value": 36.312832, "relative_strength": -19.966921, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.944608, "energy": 18.160838, "activity_lines": [ 50.344, 55.077455, 53.425667, 50.793441 ] }, { "date": "2026-07-03", "close": 42.2, "volume": 3752997, "typical_volume": 4383117.8, "trend": 48.209044, "fair_value": 36.372905, "relative_strength": -23.035818, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.807332, "energy": 26.128148, "activity_lines": [ 46.601333, 52.160727, 52.708667, 50.364225 ] }, { "date": "2026-07-10", "close": 51.87, "volume": 4168630, "typical_volume": 4491876.1, "trend": 48.232328, "fair_value": 36.529442, "relative_strength": -7.287317, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.496292, "energy": 18.709031, "activity_lines": [ 47.901333, 51.394909, 52.901143, 50.600416 ] }, { "date": "2026-07-17", "close": 44.26, "volume": 2418091, "typical_volume": 4398144.05, "trend": 48.197118, "fair_value": 36.606747, "relative_strength": -17.411588, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.133775, "energy": 23.944994, "activity_lines": [ 46.54, 49.447273, 52.319381, 50.344137 ] }, { "date": "2026-07-24", "close": 46.67, "volume": 2223353, "typical_volume": 4092817.65, "trend": 48.133667, "fair_value": 36.706383, "relative_strength": -11.50075, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -13.998427, "energy": 22.486819, "activity_lines": [ 46.263333, 48.320364, 51.938238, 50.245613 ] }, { "date": "2026-07-31", "close": 48.37, "volume": 2062485, "typical_volume": 3988602.75, "trend": 48.173333, "fair_value": 36.820732, "relative_strength": -8.819599, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.160051, "energy": 11.013472, "activity_lines": [ 47.15, 47.804727, 51.689714, 50.26086 ] }, { "date": "2026-08-07", "close": 57.82, "volume": 2464059, "typical_volume": 3977307.95, "trend": 48.560333, "fair_value": 37.024609, "relative_strength": 3.54432, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.704277, "energy": 14.878113, "activity_lines": [ 50.865333, 49.217273, 52.293333, 50.883226 ] } ], "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." } } }