{ "ticker": { "uuid": "52860949-b636-414e-90e2-c8aaa474ad73", "symbol": "IS-FF701", "name": "ISHARES VII PLC", "exchange": "TLV", "country": "IL", "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": "TA35.TA", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -65.717, "architecture_energy": 67.413, "architecture_maturity": 95.0, "architecture_confidence": 86.543, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 11.91, "rotation_up": 29.94, "upward_expansion": 12.0, "deceleration": 61.0, "rotation_down": 53.36, "downward_expansion": 83.0 }, "activity_lines": [ 5032.333333, 5041.6, 127644.752381, 210389.049462 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 5090.0, "trend_reference": 304470.366667, "distance_from_trend": -0.983282, "trend_direction": "Weakening", "fair_value": 399758.010526, "distance_from_fair_value": -0.987267, "fair_value_direction": "Weakening", "relative_strength": -98.793527, "relative_strength_direction": "Weakening", "price_momentum": -0.988521, "excess_performance": -1.017421, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.983282, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.336724, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.987267, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.066392, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.987935, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.78643, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.988521, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.320266, "read": "Demand-led" } ], "volume": { "latest": 1934, "relative_activity": 1.154041, "balance": 2.320266, "dry_up": 1.1706, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 7.823833, "annualized_volatility": 6.350957, "from_high_reference": -0.989746, "from_low_reference": 0.054485 }, "levels": { "trend_reference": 304470.366667, "fair_value_reference": 399758.010526, "structural_low": 4827.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": -0.003505, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.010232, "regime_survival": 1.0, "best_return": 0.015731, "worst_return": -0.022741, "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": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": 0.034936, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": -0.002867, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.01354, "active": true } ], "chart_path": [ { "date": "2024-10-11", "close": 433000.0, "volume": 1692, "typical_volume": null, "trend": null, "fair_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": 437600.0, "volume": 1061, "typical_volume": null, "trend": null, "fair_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": 434300.0, "volume": 2165, "typical_volume": null, "trend": null, "fair_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": 439700.0, "volume": 2021, "typical_volume": null, "trend": null, "fair_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": 450900.0, "volume": 2531, "typical_volume": null, "trend": null, "fair_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": 438500.0, "volume": 2037, "typical_volume": null, "trend": null, "fair_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": 434100.0, "volume": 2537, "typical_volume": null, "trend": null, "fair_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": 441600.0, "volume": 1934, "typical_volume": null, "trend": null, "fair_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": 443400.0, "volume": 1616, "typical_volume": null, "trend": null, "fair_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": 451200.0, "volume": 2020, "typical_volume": null, "trend": null, "fair_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": 447300.0, "volume": 1096, "typical_volume": null, "trend": null, "fair_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": 442000.0, "volume": 2457, "typical_volume": null, "trend": null, "fair_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": 444800.0, "volume": 3721, "typical_volume": null, "trend": null, "fair_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": 436800.0, "volume": 2808, "typical_volume": null, "trend": null, "fair_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": 444500.0, "volume": 3063, "typical_volume": null, "trend": null, "fair_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": 440400.0, "volume": 3072, "typical_volume": null, "trend": null, "fair_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": 440400.0, "volume": 2091, "typical_volume": null, "trend": null, "fair_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": 446400.0, "volume": 2307, "typical_volume": null, "trend": null, "fair_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": 445600.0, "volume": 1844, "typical_volume": null, "trend": null, "fair_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": 427300.0, "volume": 2542, "typical_volume": null, "trend": null, "fair_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": 419400.0, "volume": 3427, "typical_volume": null, "trend": null, "fair_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": 406900.0, "volume": 3904, "typical_volume": null, "trend": null, "fair_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": 417400.0, "volume": 2087, "typical_volume": null, "trend": null, "fair_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": 420500.0, "volume": 2702, "typical_volume": null, "trend": null, "fair_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": 396200.0, "volume": 3421, "typical_volume": null, "trend": null, "fair_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": 399400.0, "volume": 9988, "typical_volume": null, "trend": null, "fair_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": 388900.0, "volume": 2951, "typical_volume": null, "trend": null, "fair_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": 392500.0, "volume": 2842, "typical_volume": null, "trend": null, "fair_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": 403200.0, "volume": 1123, "typical_volume": null, "trend": null, "fair_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": 410600.0, "volume": 2535, "typical_volume": null, "trend": null, "fair_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": 431100.0, "volume": 1845, "typical_volume": null, "trend": null, "fair_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": 435700.0, "volume": 2123, "typical_volume": null, "trend": null, "fair_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": 430400.0, "volume": 1933, "typical_volume": null, "trend": null, "fair_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": 433700.0, "volume": 1610, "typical_volume": null, "trend": null, "fair_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": 445700.0, "volume": 2918, "typical_volume": null, "trend": null, "fair_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": 429100.0, "volume": 3491, "typical_volume": null, "trend": null, "fair_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": 434700.0, "volume": 2624, "typical_volume": null, "trend": null, "fair_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": 436500.0, "volume": 2091, "typical_volume": null, "trend": null, "fair_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": 432400.0, "volume": 2078, "typical_volume": null, "trend": null, "fair_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": 442400.0, "volume": 1915, "typical_volume": null, "trend": null, "fair_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": 443800.0, "volume": 2227, "typical_volume": null, "trend": null, "fair_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": 457000.0, "volume": 1841, "typical_volume": null, "trend": null, "fair_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": 460200.0, "volume": 2588, "typical_volume": null, "trend": null, "fair_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": 462700.0, "volume": 2641, "typical_volume": null, "trend": null, "fair_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": 453800.0, "volume": 2138, "typical_volume": null, "trend": null, "fair_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": 449800.0, "volume": 1949, "typical_volume": null, "trend": null, "fair_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": 451700.0, "volume": 1473, "typical_volume": null, "trend": null, "fair_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": 456300.0, "volume": 2120, "typical_volume": null, "trend": null, "fair_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": 468400.0, "volume": 1903, "typical_volume": null, "trend": null, "fair_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": 468100.0, "volume": 744, "typical_volume": null, "trend": null, "fair_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": 465500.0, "volume": 1709, "typical_volume": null, "trend": null, "fair_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": 467500.0, "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": "2025-10-17", "close": 469800.0, "volume": 1979, "typical_volume": null, "trend": null, "fair_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": 471900.0, "volume": 3172, "typical_volume": null, "trend": null, "fair_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": 482400.0, "volume": 1871, "typical_volume": null, "trend": null, "fair_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": 476900.0, "volume": 2372, "typical_volume": null, "trend": null, "fair_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": 465800.0, "volume": 2525, "typical_volume": null, "trend": null, "fair_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": 469400.0, "volume": 2372, "typical_volume": null, "trend": null, "fair_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": 473300.0, "volume": 2178, "typical_volume": null, "trend": null, "fair_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": 474900.0, "volume": 2206, "typical_volume": null, "trend": null, "fair_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": 470600.0, "volume": 1661, "typical_volume": null, "trend": null, "fair_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": 460700.0, "volume": 1837, "typical_volume": null, "trend": null, "fair_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": 467300.0, "volume": 1366, "typical_volume": null, "trend": null, "fair_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": 464200.0, "volume": 1837, "typical_volume": null, "trend": null, "fair_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": 464400.0, "volume": 2545, "typical_volume": null, "trend": null, "fair_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": 462400.0, "volume": 2182, "typical_volume": null, "trend": null, "fair_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": 458700.0, "volume": 2340, "typical_volume": null, "trend": null, "fair_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": 455000.0, "volume": 1968, "typical_volume": null, "trend": null, "fair_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": 443400.0, "volume": 3057, "typical_volume": null, "trend": null, "fair_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": 436400.0, "volume": 2290, "typical_volume": null, "trend": null, "fair_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": 445700.0, "volume": 2058, "typical_volume": null, "trend": null, "fair_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": 449500.0, "volume": 1806, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-06", "close": 441700.0, "volume": 2649, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-13", "close": 442300.0, "volume": 2235, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-20", "close": 431200.0, "volume": 1810, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-27", "close": 424900.0, "volume": 2331, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-04-03", "close": 432000.0, "volume": 2208, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-04-10", "close": 438900.0, "volume": 1786, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-04-17", "close": 453300.0, "volume": 2886, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-04-24", "close": 463700.0, "volume": 1557, "typical_volume": 2120.45, "trend": 457456.666667, "fair_value": 444025.0, "relative_strength": -21.346821, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -6.544958, "energy": 14.807458, "activity_lines": [ 449153.333333, 443569.090909, 445623.333333, 450837.204301 ] }, { "date": "2026-05-01", "close": 464500.0, "volume": 1708, "typical_volume": 2122.8, "trend": 457423.333333, "fair_value": 444277.777778, "relative_strength": -21.710887, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": 9.411005, "energy": 25.788086, "activity_lines": [ 456466.666667, 447601.818182, 446974.285714, 451291.612903 ] }, { "date": "2026-05-08", "close": 479900.0, "volume": 2577, "typical_volume": 2159.8, "trend": 457836.666667, "fair_value": 444712.195122, "relative_strength": -20.150534, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 45.678758, "energy": 48.381177, "activity_lines": [ 466273.333333, 454092.727273, 449820.952381, 452741.72043 ] }, { "date": "2026-05-15", "close": 488400.0, "volume": 3667, "typical_volume": 2274.85, "trend": 458456.666667, "fair_value": 445238.554217, "relative_strength": -15.678759, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.391432, "energy": 73.883933, "activity_lines": [ 475720.0, 461576.363636, 453385.714286, 454713.548387 ] }, { "date": "2026-05-22", "close": 484800.0, "volume": 1015, "typical_volume": 2233.75, "trend": 458886.666667, "fair_value": 445709.52381, "relative_strength": -15.768174, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.732157, "energy": 76.349933, "activity_lines": [ 480666.666667, 467556.363636, 456507.142857, 456413.11828 ] }, { "date": "2026-05-29", "close": 487000.0, "volume": 2479, "typical_volume": 2230.45, "trend": 459040.0, "fair_value": 446195.294118, "relative_strength": -15.956262, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.576911, "energy": 76.718481, "activity_lines": [ 484246.666667, 473163.636364, 459740.0, 458226.88172 ] }, { "date": "2026-06-05", "close": 5022.0, "volume": 263, "typical_volume": 2134.5, "trend": 443310.733333, "fair_value": 441065.372093, "relative_strength": -99.073584, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.064831, "energy": 91.643301, "activity_lines": [ 325614.0, 390124.0, 416962.571429, 428935.397849 ] }, { "date": "2026-06-12", "close": 4950.0, "volume": 294, "typical_volume": 2032.2, "trend": 427949.066667, "fair_value": 436052.551724, "relative_strength": -99.079896, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.227131, "energy": 96.194567, "activity_lines": [ 197589.2, 314705.418182, 376356.27619, 400654.060215 ] }, { "date": "2026-06-19", "close": 5152.0, "volume": 117, "typical_volume": 1939.65, "trend": 412474.133333, "fair_value": 431155.954545, "relative_strength": -98.972324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.101252, "energy": 96.534307, "activity_lines": [ 101295.066667, 247088.109091, 337929.933333, 373376.830108 ] }, { "date": "2026-06-26", "close": 5010.0, "volume": 261, "typical_volume": 1799.85, "trend": 396864.466667, "fair_value": 426367.797753, "relative_strength": -98.947083, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.440931, "energy": 93.154267, "activity_lines": [ 37170.133333, 187331.309091, 301632.2, 347088.821505 ] }, { "date": "2026-07-03", "close": 5101.0, "volume": 313, "typical_volume": 1701.0, "trend": 381204.5, "fair_value": 421687.055556, "relative_strength": -98.927877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.999738, "energy": 88.099454, "activity_lines": [ 5061.533333, 135741.781818, 267430.704762, 321813.75914 ] }, { "date": "2026-07-10", "close": 5109.0, "volume": 2208, "typical_volume": 1708.5, "trend": 365688.133333, "fair_value": 417109.274725, "relative_strength": -98.881932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.331212, "energy": 88.560666, "activity_lines": [ 5082.2, 92491.872727, 235283.77619, 297549.533333 ] }, { "date": "2026-07-17", "close": 4990.0, "volume": 1587, "typical_volume": 1697.55, "trend": 350497.8, "fair_value": 412629.717391, "relative_strength": -98.903085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.360283, "energy": 84.445344, "activity_lines": [ 5057.4, 57572.890909, 205223.566667, 274278.686022 ] }, { "date": "2026-07-24", "close": 5002.0, "volume": 2185, "typical_volume": 1674.35, "trend": 335087.866667, "fair_value": 408246.623656, "relative_strength": -98.901685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.298397, "energy": 68.44207, "activity_lines": [ 5033.933333, 31290.818182, 177281.214286, 251988.634409 ] }, { "date": "2026-07-31", "close": 4985.0, "volume": 2141, "typical_volume": 1669.65, "trend": 319780.7, "fair_value": 403956.606383, "relative_strength": -98.846953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.192937, "energy": 68.187635, "activity_lines": [ 5014.8, 13794.709091, 151416.757143, 230691.675269 ] }, { "date": "2026-08-07", "close": 5090.0, "volume": 1934, "typical_volume": 1675.85, "trend": 304470.366667, "fair_value": 399758.010526, "relative_strength": -98.793527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.717083, "energy": 67.412561, "activity_lines": [ 5032.333333, 5041.6, 127644.752381, 210389.049462 ] } ], "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." } } }