{ "ticker": { "uuid": "4fc01dca-b563-4680-aaba-b15426ba942e", "symbol": "OGSP", "name": "OBRA HIGH GRADE STRUCTURED PRODUCTS 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 56.67, "architecture_energy": 33.816, "architecture_maturity": 34.61, "architecture_confidence": 79.178, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 27.15, "rotation_up": 54.22, "upward_expansion": 79.55, "deceleration": 51.71, "rotation_down": 18.34, "downward_expansion": 3.89 }, "activity_lines": [ 9.978087, 9.969021, 9.953863, 9.939434 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 9.995, "trend_reference": 9.919322, "distance_from_trend": 0.007629, "trend_direction": "Improving", "fair_value": 9.486501, "distance_from_fair_value": 0.053602, "fair_value_direction": "Improving", "relative_strength": -9.525911, "relative_strength_direction": "Weakening", "price_momentum": 0.011498, "excess_performance": -0.114127, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.007629, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.006132, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.053602, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.001811, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.095259, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.000581, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.011498, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 57.560784, "read": "Demand-led" } ], "volume": { "latest": 90, "relative_activity": 0.082808, "balance": 57.560784, "dry_up": 0.720431, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.008408, "annualized_volatility": 0.011735, "from_high_reference": -0.000669, "from_low_reference": 0.09284 }, "levels": { "trend_reference": 9.919322, "fair_value_reference": 9.486501, "structural_low": 9.145895, "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": 10, "median_return": 0.002896, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.010094, "regime_survival": 0.9, "best_return": 0.005777, "worst_return": -0.001105, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.007779, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.030978, "regime_survival": 1.0, "best_return": 0.013117, "worst_return": 0.004213, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.020998, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.053963, "regime_survival": 1.0, "best_return": 0.020998, "worst_return": 0.020998, "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": "2025-10-17", "end": "2026-03-27", "tenure": "Established", "return": 0.016202, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.003003, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-08-07", "tenure": "Established", "return": 0.007048, "active": true } ], "chart_path": [ { "date": "2024-04-12", "close": 8.827124, "volume": 34633, "typical_volume": null, "trend": null, "fair_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": 8.827124, "volume": 50816, "typical_volume": null, "trend": null, "fair_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": 8.871127, "volume": 420, "typical_volume": null, "trend": null, "fair_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": 8.879928, "volume": 849, "typical_volume": null, "trend": null, "fair_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": 8.89753, "volume": 1090, "typical_volume": null, "trend": null, "fair_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": 8.915131, "volume": 3736, "typical_volume": null, "trend": null, "fair_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": 8.915131, "volume": 4313, "typical_volume": null, "trend": null, "fair_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": 8.923932, "volume": 18, "typical_volume": null, "trend": null, "fair_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": 8.932732, "volume": 11, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 8.959135, "volume": 32, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 8.967935, "volume": 25, "typical_volume": null, "trend": null, "fair_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": 8.984661, "volume": 62310, "typical_volume": null, "trend": null, "fair_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": 8.981092, "volume": 156, "typical_volume": null, "trend": null, "fair_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": 8.994477, "volume": 136, "typical_volume": null, "trend": null, "fair_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": 9.0034, "volume": 143, "typical_volume": null, "trend": null, "fair_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": 9.021246, "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": 9.042555, "volume": 1646, "typical_volume": null, "trend": null, "fair_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": 9.056011, "volume": 1651, "typical_volume": null, "trend": null, "fair_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": 9.064982, "volume": 1544, "typical_volume": null, "trend": null, "fair_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": 9.082923, "volume": 1537, "typical_volume": null, "trend": null, "fair_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": 9.090323, "volume": 2681, "typical_volume": null, "trend": null, "fair_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": 9.121887, "volume": 2882, "typical_volume": null, "trend": null, "fair_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": 9.144432, "volume": 3908, "typical_volume": null, "trend": null, "fair_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": 9.144432, "volume": 7839, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 9.160846, "volume": 2743, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 9.181243, "volume": 4640, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 9.160846, "volume": 2966, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 9.178977, "volume": 4125, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 9.178977, "volume": 72, "typical_volume": null, "trend": null, "fair_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": 9.177365, "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": "2024-11-08", "close": 9.177365, "volume": 6412, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 9.195593, "volume": 4882, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 9.204706, "volume": 2796, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 9.215691, "volume": 3987, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 9.243173, "volume": 11108, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 9.243173, "volume": 34199, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 9.243173, "volume": 4292, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 9.243173, "volume": 936, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 9.263423, "volume": 2169, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 9.254214, "volume": 2107, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 9.291047, "volume": 27, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 9.300255, "volume": 17, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 9.311374, "volume": 1579, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 9.32063, "volume": 16, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 9.339141, "volume": 225, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 9.348397, "volume": 150, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 9.36979, "volume": 871, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 9.37909, "volume": 938, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 9.38002, "volume": 30210, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 9.38374, "volume": 9521, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 9.39124, "volume": 5861, "typical_volume": null, "trend": null, "fair_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": 9.40993, "volume": 22107, "typical_volume": null, "trend": null, "fair_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": 9.353862, "volume": 18588, "typical_volume": null, "trend": null, "fair_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": 9.386568, "volume": 51905, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-25", "close": 9.40993, "volume": 6814, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-02", "close": 9.445589, "volume": 152843, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-09", "close": 9.4362, "volume": 1477, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-16", "close": 9.445589, "volume": 225, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-23", "close": 9.4362, "volume": 2380, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-30", "close": 9.453743, "volume": 4841, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-06", "close": 9.482048, "volume": 119190, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-13", "close": 9.500918, "volume": 1229, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-20", "close": 9.4962, "volume": 333, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-27", "close": 9.532699, "volume": 2594, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-04", "close": 9.532699, "volume": 158, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-11", "close": 9.527959, "volume": 141722, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-18", "close": 9.54218, "volume": 4385, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-25", "close": 9.561141, "volume": 14107, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-01", "close": 9.574161, "volume": 20019, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-08", "close": 9.593214, "volume": 105, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-15", "close": 9.607504, "volume": 76, "typical_volume": null, "trend": null, "fair_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": 9.621794, "volume": 218113, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-29", "close": 9.623346, "volume": 600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-05", "close": 9.647273, "volume": 53, "typical_volume": null, "trend": null, "fair_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": 9.661629, "volume": 96, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-19", "close": 9.666415, "volume": 1560, "typical_volume": null, "trend": null, "fair_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": 9.666415, "volume": 777, "typical_volume": null, "trend": null, "fair_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": 9.69208, "volume": 437, "typical_volume": null, "trend": null, "fair_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": 9.696887, "volume": 56, "typical_volume": null, "trend": null, "fair_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": 9.720925, "volume": 1695, "typical_volume": 26365.25, "trend": 9.537211, "fair_value": 9.281388, "relative_strength": -7.401697, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.335736, "energy": 74.233366, "activity_lines": [ 9.697844, 9.678175, 9.63648, 9.595181 ] }, { "date": "2025-10-24", "close": 9.720925, "volume": 1376, "typical_volume": 20474.55, "trend": 9.548201, "fair_value": 9.286814, "relative_strength": -8.972724, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.426348, "energy": 71.952975, "activity_lines": [ 9.708637, 9.689175, 9.648247, 9.607034 ] }, { "date": "2025-10-31", "close": 9.71773, "volume": 430, "typical_volume": 20434.6, "trend": 9.558461, "fair_value": 9.292069, "relative_strength": -9.421414, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.42662, "energy": 78.330165, "activity_lines": [ 9.714732, 9.697531, 9.658572, 9.617971 ] }, { "date": "2025-11-07", "close": 9.737049, "volume": 2346, "typical_volume": 20535.25, "trend": 9.571234, "fair_value": 9.29743, "relative_strength": -7.626541, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.142673, "energy": 72.57357, "activity_lines": [ 9.723845, 9.707656, 9.669704, 9.629493 ] }, { "date": "2025-11-14", "close": 9.746709, "volume": 336, "typical_volume": 20422.35, "trend": 9.583238, "fair_value": 9.302779, "relative_strength": -7.510383, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.432907, "energy": 75.576403, "activity_lines": [ 9.73318, 9.71747, 9.68061, 9.640814 ] }, { "date": "2025-11-21", "close": 9.756369, "volume": 274, "typical_volume": 20428.15, "trend": 9.594786, "fair_value": 9.308115, "relative_strength": -5.5092, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.429866, "energy": 80.748582, "activity_lines": [ 9.742414, 9.727232, 9.691416, 9.651983 ] }, { "date": "2025-11-28", "close": 9.763229, "volume": 134, "typical_volume": 13348.75, "trend": 9.605374, "fair_value": 9.313407, "relative_strength": -8.679584, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.890124, "energy": 72.55363, "activity_lines": [ 9.751572, 9.736519, 9.701811, 9.662851 ] }, { "date": "2025-12-05", "close": 9.772449, "volume": 2550, "typical_volume": 13257.0, "trend": 9.616583, "fair_value": 9.318684, "relative_strength": -8.772166, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.16504, "energy": 71.398014, "activity_lines": [ 9.760982, 9.745723, 9.711963, 9.67363 ] }, { "date": "2025-12-12", "close": 9.777301, "volume": 47, "typical_volume": 12554.0, "trend": 9.62764, "fair_value": 9.323895, "relative_strength": -8.071507, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.270824, "energy": 70.683621, "activity_lines": [ 9.768362, 9.75388, 9.721481, 9.683999 ] }, { "date": "2025-12-19", "close": 9.791858, "volume": 660, "typical_volume": 11586.05, "trend": 9.639495, "fair_value": 9.329153, "relative_strength": -7.883596, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.250551, "energy": 72.682396, "activity_lines": [ 9.777911, 9.763135, 9.731356, 9.694593 ] }, { "date": "2025-12-26", "close": 9.816119, "volume": 162, "typical_volume": 11588.9, "trend": 9.651574, "fair_value": 9.334564, "relative_strength": -8.787565, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.089807, "energy": 74.73022, "activity_lines": [ 9.792537, 9.775074, 9.742505, 9.705988 ] }, { "date": "2026-01-02", "close": 9.828901, "volume": 195, "typical_volume": 11594.85, "trend": 9.663136, "fair_value": 9.339996, "relative_strength": -7.549471, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.532718, "energy": 87.797153, "activity_lines": [ 9.80744, 9.787606, 9.75381, 9.717429 ] }, { "date": "2026-01-09", "close": 9.833784, "volume": 426, "typical_volume": 710.5, "trend": 9.674231, "fair_value": 9.345363, "relative_strength": -8.73505, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.764326, "energy": 81.974055, "activity_lines": [ 9.819593, 9.799063, 9.764526, 9.728438 ] }, { "date": "2026-01-16", "close": 9.848432, "volume": 477, "typical_volume": 704.35, "trend": 9.685973, "fair_value": 9.350773, "relative_strength": -8.110914, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.072723, "energy": 77.677852, "activity_lines": [ 9.83254, 9.811073, 9.775627, 9.739677 ] }, { "date": "2026-01-23", "close": 9.858198, "volume": 110, "typical_volume": 707.2, "trend": 9.696822, "fair_value": 9.356171, "relative_strength": -7.560919, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.476897, "energy": 86.763625, "activity_lines": [ 9.843999, 9.822833, 9.786586, 9.750789 ] }, { "date": "2026-01-30", "close": 9.86176, "volume": 918, "typical_volume": 748.3, "trend": 9.707791, "fair_value": 9.361493, "relative_strength": -7.732971, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.353567, "energy": 71.681692, "activity_lines": [ 9.852224, 9.833214, 9.79688, 9.76143 ] }, { "date": "2026-02-06", "close": 9.881386, "volume": 100, "typical_volume": 675.3, "trend": 9.719572, "fair_value": 9.366908, "relative_strength": -7.208263, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.004932, "energy": 83.467712, "activity_lines": [ 9.863947, 9.845248, 9.808091, 9.772629 ] }, { "date": "2026-02-13", "close": 9.891198, "volume": 297, "typical_volume": 651.3, "trend": 9.731206, "fair_value": 9.372313, "relative_strength": -5.791512, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.547431, "energy": 79.382506, "activity_lines": [ 9.875443, 9.856917, 9.819212, 9.783702 ] }, { "date": "2026-02-20", "close": 9.901011, "volume": 664, "typical_volume": 662.65, "trend": 9.742535, "fair_value": 9.377708, "relative_strength": -6.58482, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.285062, "energy": 72.960631, "activity_lines": [ 9.886382, 9.868211, 9.830197, 9.794657 ] }, { "date": "2026-02-27", "close": 9.908001, "volume": 156, "typical_volume": 667.65, "trend": 9.753663, "fair_value": 9.383065, "relative_strength": -5.872234, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.015149, "energy": 72.173547, "activity_lines": [ 9.896145, 9.878526, 9.840854, 9.805332 ] }, { "date": "2026-03-06", "close": 9.893213, "volume": 105, "typical_volume": 588.15, "trend": 9.763663, "fair_value": 9.388166, "relative_strength": -3.898014, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.257611, "energy": 68.380983, "activity_lines": [ 9.897659, 9.884042, 9.849096, 9.814336 ] }, { "date": "2026-03-13", "close": 9.878425, "volume": 511, "typical_volume": 544.9, "trend": 9.772694, "fair_value": 9.39302, "relative_strength": -2.341033, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.170306, "energy": 65.961615, "activity_lines": [ 9.892147, 9.885466, 9.85511, 9.82174 ] }, { "date": "2026-03-20", "close": 9.873496, "volume": 471, "typical_volume": 546.95, "trend": 9.781084, "fair_value": 9.397731, "relative_strength": -0.399473, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.835253, "energy": 61.070399, "activity_lines": [ 9.885189, 9.885095, 9.859904, 9.828243 ] }, { "date": "2026-03-27", "close": 9.878425, "volume": 46, "typical_volume": 431.95, "trend": 9.789586, "fair_value": 9.402398, "relative_strength": 2.120639, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.099464, "energy": 51.793085, "activity_lines": [ 9.881054, 9.884897, 9.864426, 9.834523 ] }, { "date": "2026-04-03", "close": 9.89533, "volume": 237, "typical_volume": 427.0, "trend": 9.797855, "fair_value": 9.407138, "relative_strength": -0.625992, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.035416, "energy": 52.024066, "activity_lines": [ 9.88406, 9.887228, 9.869885, 9.841345 ] }, { "date": "2026-04-10", "close": 9.925046, "volume": 76, "typical_volume": 417.1, "trend": 9.806636, "fair_value": 9.41207, "relative_strength": -3.413202, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 84.439572, "energy": 67.887338, "activity_lines": [ 9.897816, 9.894286, 9.877466, 9.849551 ] }, { "date": "2026-04-17", "close": 9.925046, "volume": 56, "typical_volume": 413.2, "trend": 9.815257, "fair_value": 9.416909, "relative_strength": -7.106483, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.886316, "energy": 87.90656, "activity_lines": [ 9.90945, 9.900194, 9.884244, 9.85719 ] }, { "date": "2026-04-24", "close": 9.929998, "volume": 3225, "typical_volume": 446.95, "trend": 9.824043, "fair_value": 9.421705, "relative_strength": -7.154125, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.859615, "energy": 85.925784, "activity_lines": [ 9.919626, 9.906208, 9.890723, 9.864593 ] }, { "date": "2026-05-01", "close": 9.894269, "volume": 2802, "typical_volume": 584.7, "trend": 9.830782, "fair_value": 9.42608, "relative_strength": -7.980132, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.992374, "energy": 63.041006, "activity_lines": [ 9.914126, 9.905021, 9.893049, 9.869124 ] }, { "date": "2026-05-08", "close": 9.91903, "volume": 117, "typical_volume": 557.55, "trend": 9.838187, "fair_value": 9.430603, "relative_strength": -9.467846, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.335432, "energy": 59.906233, "activity_lines": [ 9.915824, 9.908458, 9.897176, 9.874817 ] }, { "date": "2026-05-15", "close": 9.914078, "volume": 84, "typical_volume": 553.65, "trend": 9.844625, "fair_value": 9.434998, "relative_strength": -9.390014, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.352317, "energy": 51.844797, "activity_lines": [ 9.914291, 9.910795, 9.900226, 9.879713 ] }, { "date": "2026-05-22", "close": 9.923982, "volume": 77, "typical_volume": 547.75, "trend": 9.851394, "fair_value": 9.439403, "relative_strength": -9.714466, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.25691, "energy": 54.456651, "activity_lines": [ 9.91679, 9.914552, 9.903753, 9.884833 ] }, { "date": "2026-05-29", "close": 9.942055, "volume": 113, "typical_volume": 532.1, "trend": 9.858872, "fair_value": 9.443891, "relative_strength": -10.486325, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.122852, "energy": 64.531052, "activity_lines": [ 9.925384, 9.920768, 9.908548, 9.890682 ] }, { "date": "2026-06-05", "close": 9.942055, "volume": 245, "typical_volume": 520.5, "trend": 9.865705, "fair_value": 9.4483, "relative_strength": -7.883872, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.283468, "energy": 63.157485, "activity_lines": [ 9.933175, 9.925737, 9.912827, 9.896049 ] }, { "date": "2026-06-12", "close": 9.961959, "volume": 11116, "typical_volume": 1070.8, "trend": 9.87288, "fair_value": 9.452805, "relative_strength": -7.899331, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.821581, "energy": 33.207565, "activity_lines": [ 9.944415, 9.933168, 9.918557, 9.902259 ] }, { "date": "2026-06-19", "close": 9.981863, "volume": 51, "typical_volume": 1027.45, "trend": 9.880397, "fair_value": 9.457406, "relative_strength": -8.228423, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.170675, "energy": 37.246664, "activity_lines": [ 9.959427, 9.943006, 9.925688, 9.90929 ] }, { "date": "2026-06-26", "close": 9.94379, "volume": 43, "typical_volume": 1024.6, "trend": 9.886415, "fair_value": 9.461599, "relative_strength": -6.100367, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.748199, "energy": 31.510453, "activity_lines": [ 9.95723, 9.944889, 9.928621, 9.91338 ] }, { "date": "2026-07-03", "close": 9.94696, "volume": 121, "typical_volume": 1015.8, "trend": 9.892232, "fair_value": 9.465747, "relative_strength": -7.810788, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.221026, "energy": 28.763687, "activity_lines": [ 9.954768, 9.947008, 9.931559, 9.917286 ] }, { "date": "2026-07-10", "close": 9.956912, "volume": 196, "typical_volume": 992.4, "trend": 9.898219, "fair_value": 9.46991, "relative_strength": -8.687928, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.73334, "energy": 26.802175, "activity_lines": [ 9.955297, 9.950627, 9.935179, 9.921459 ] }, { "date": "2026-07-17", "close": 9.966863, "volume": 2781, "typical_volume": 1123.65, "trend": 9.904053, "fair_value": 9.474086, "relative_strength": -6.919467, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.332305, "energy": 24.521319, "activity_lines": [ 9.958152, 9.954917, 9.93948, 9.925888 ] }, { "date": "2026-07-24", "close": 9.961887, "volume": 128, "typical_volume": 1124.8, "trend": 9.908912, "fair_value": 9.478151, "relative_strength": -6.205187, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.574844, "energy": 24.043223, "activity_lines": [ 9.959022, 9.957433, 9.943027, 9.929619 ] }, { "date": "2026-07-31", "close": 9.98, "volume": 133, "typical_volume": 1105.9, "trend": 9.913948, "fair_value": 9.482298, "relative_strength": -6.777849, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.725897, "energy": 27.543283, "activity_lines": [ 9.967261, 9.962372, 9.947973, 9.934205 ] }, { "date": "2026-08-07", "close": 9.995, "volume": 90, "typical_volume": 1086.85, "trend": 9.919322, "fair_value": 9.486501, "relative_strength": -9.525911, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.669681, "energy": 33.815993, "activity_lines": [ 9.978087, 9.969021, 9.953863, 9.939434 ] } ], "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." } } }