{ "ticker": { "uuid": "5a38dabf-ead8-485d-8055-d34afed90338", "symbol": "AIBD", "name": "DIREXION DAILY AI AND BIG DATA BEAR 2X 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": 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": -73.431, "architecture_energy": 46.018, "architecture_maturity": 79.163, "architecture_confidence": 90.034, "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": 31.34, "rotation_up": 28.97, "upward_expansion": 11.41, "deceleration": 39.55, "rotation_down": 41.02, "downward_expansion": 71.08 }, "activity_lines": [ 53.831207, 54.452794, 56.049657, 62.724217 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 47.1029, "trend_reference": 70.309879, "distance_from_trend": -0.330067, "trend_direction": "Weakening", "fair_value": 122.413138, "distance_from_fair_value": -0.615214, "fair_value_direction": "Weakening", "relative_strength": -42.622204, "relative_strength_direction": "Improving", "price_momentum": -0.448653, "excess_performance": -0.574278, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.330067, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.085616, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.615214, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.03551, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.426222, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.003038, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.448653, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.803229, "read": "Demand-led" } ], "volume": { "latest": 53723, "relative_activity": 0.172039, "balance": 1.803229, "dry_up": 0.266951, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.149029, "annualized_volatility": 0.649748, "from_high_reference": -0.574789, "from_low_reference": 0.064934 }, "levels": { "trend_reference": 70.309879, "fair_value_reference": 122.413138, "structural_low": 44.230829, "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": 4, "median_return": 0.004076, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.010875, "regime_survival": 0.75, "best_return": 0.239908, "worst_return": -0.061893, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.105471, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.056278, "regime_survival": 0.0, "best_return": 0.105471, "worst_return": 0.105471, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": -0.329126, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.467005, "regime_survival": 0.0, "best_return": -0.329126, "worst_return": -0.329126, "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": "2025-11-21", "end": "2025-12-19", "tenure": "Developing", "return": -0.061893, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-02-13", "tenure": "Developing", "return": 0.198402, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": 0.027556, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-05-01", "tenure": "Developing", "return": -0.321896, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-08", "end": "2026-05-22", "tenure": "New", "return": -0.014414, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": -0.008433, "active": true } ], "chart_path": [ { "date": "2024-05-17", "close": 225.282752, "volume": 1115, "typical_volume": null, "trend": null, "fair_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": 221.949755, "volume": 3267, "typical_volume": null, "trend": null, "fair_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": 232.68766, "volume": 779, "typical_volume": null, "trend": null, "fair_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": 221.219185, "volume": 1390, "typical_volume": null, "trend": null, "fair_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": 211.36019, "volume": 1193, "typical_volume": null, "trend": null, "fair_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": 207.511715, "volume": 4402, "typical_volume": null, "trend": null, "fair_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": 203.358742, "volume": 2049, "typical_volume": null, "trend": null, "fair_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": 189.254082, "volume": 622, "typical_volume": null, "trend": null, "fair_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": 187.339325, "volume": 1134, "typical_volume": null, "trend": null, "fair_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": 204.13192, "volume": 8457, "typical_volume": null, "trend": null, "fair_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": 213.722492, "volume": 11664, "typical_volume": null, "trend": null, "fair_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": 234.658908, "volume": 33012, "typical_volume": null, "trend": null, "fair_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": 226.638007, "volume": 12344, "typical_volume": null, "trend": null, "fair_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": 204.507783, "volume": 11990, "typical_volume": null, "trend": null, "fair_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": 202.266594, "volume": 2668, "typical_volume": null, "trend": null, "fair_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": 205.557029, "volume": 4093, "typical_volume": null, "trend": null, "fair_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": 232.375749, "volume": 19046, "typical_volume": null, "trend": null, "fair_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": 197.699344, "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": "2024-09-20", "close": 185.599909, "volume": 10007, "typical_volume": null, "trend": null, "fair_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": 183.411028, "volume": 1710, "typical_volume": null, "trend": null, "fair_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": 177.668809, "volume": 4786, "typical_volume": null, "trend": null, "fair_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": 170.008423, "volume": 1101, "typical_volume": null, "trend": null, "fair_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": 172.640589, "volume": 5202, "typical_volume": null, "trend": null, "fair_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": 174.658866, "volume": 878, "typical_volume": null, "trend": null, "fair_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": 178.752086, "volume": 5010, "typical_volume": null, "trend": null, "fair_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": 153.750764, "volume": 4478, "typical_volume": null, "trend": null, "fair_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": 164.046148, "volume": 3928, "typical_volume": null, "trend": null, "fair_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": 155.628319, "volume": 2293, "typical_volume": null, "trend": null, "fair_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": 152.33882, "volume": 9905, "typical_volume": null, "trend": null, "fair_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": 141.08577, "volume": 6730, "typical_volume": null, "trend": null, "fair_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": 141.599547, "volume": 72604, "typical_volume": null, "trend": null, "fair_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": 144.984435, "volume": 7701, "typical_volume": null, "trend": null, "fair_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": 143.027693, "volume": 10472, "typical_volume": null, "trend": null, "fair_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": 144.159677, "volume": 4667, "typical_volume": null, "trend": null, "fair_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": 155.074143, "volume": 15382, "typical_volume": null, "trend": null, "fair_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": 145.035434, "volume": 24000, "typical_volume": null, "trend": null, "fair_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": 136.474806, "volume": 10278, "typical_volume": null, "trend": null, "fair_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": 140.161403, "volume": 33389, "typical_volume": null, "trend": null, "fair_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": 135.056958, "volume": 13959, "typical_volume": null, "trend": null, "fair_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": 125.39016, "volume": 37642, "typical_volume": null, "trend": null, "fair_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": 134.025362, "volume": 27589, "typical_volume": null, "trend": null, "fair_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": 150.580626, "volume": 66351, "typical_volume": null, "trend": null, "fair_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": 162.818289, "volume": 64443, "typical_volume": null, "trend": null, "fair_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": 163.528647, "volume": 54340, "typical_volume": null, "trend": null, "fair_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": 163.155781, "volume": 47393, "typical_volume": null, "trend": null, "fair_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": 177.895499, "volume": 74371, "typical_volume": null, "trend": null, "fair_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": 222.27311, "volume": 88299, "typical_volume": null, "trend": null, "fair_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": 174.311598, "volume": 93992, "typical_volume": null, "trend": null, "fair_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": 187.041523, "volume": 50673, "typical_volume": null, "trend": null, "fair_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": 153.733286, "volume": 34134, "typical_volume": null, "trend": null, "fair_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": 140.284271, "volume": 61909, "typical_volume": null, "trend": null, "fair_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": 140.836825, "volume": 27573, "typical_volume": null, "trend": null, "fair_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": 118.019417, "volume": 29885, "typical_volume": null, "trend": null, "fair_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": 125.720521, "volume": 46301, "typical_volume": null, "trend": null, "fair_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": 121.484913, "volume": 20686, "typical_volume": null, "trend": null, "fair_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": 112.943427, "volume": 40544, "typical_volume": null, "trend": null, "fair_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": 112.436116, "volume": 153381, "typical_volume": null, "trend": null, "fair_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": 111.297316, "volume": 36379, "typical_volume": null, "trend": null, "fair_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": 99.708283, "volume": 14015, "typical_volume": null, "trend": null, "fair_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": 96.747654, "volume": 20968, "typical_volume": null, "trend": null, "fair_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": 92.391896, "volume": 47375, "typical_volume": null, "trend": null, "fair_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": 91.746419, "volume": 34214, "typical_volume": null, "trend": null, "fair_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": 85.771613, "volume": 32152, "typical_volume": null, "trend": null, "fair_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": 88.984398, "volume": 20775, "typical_volume": null, "trend": null, "fair_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": 87.23197, "volume": 16745, "typical_volume": null, "trend": null, "fair_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": 81.877329, "volume": 76503, "typical_volume": null, "trend": null, "fair_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": 88.278559, "volume": 624179, "typical_volume": null, "trend": null, "fair_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": 85.284828, "volume": 139589, "typical_volume": null, "trend": null, "fair_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": 83.435042, "volume": 74349, "typical_volume": null, "trend": null, "fair_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": 81.585257, "volume": 154240, "typical_volume": null, "trend": null, "fair_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": 71.460118, "volume": 74075, "typical_volume": null, "trend": null, "fair_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": 74.482003, "volume": 170664, "typical_volume": null, "trend": null, "fair_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": 73.991344, "volume": 124351, "typical_volume": null, "trend": null, "fair_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": 73.402553, "volume": 274118, "typical_volume": null, "trend": null, "fair_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": 71.832445, "volume": 544458, "typical_volume": null, "trend": null, "fair_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": 66.102532, "volume": 217100, "typical_volume": null, "trend": null, "fair_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": 62.804324, "volume": 216890, "typical_volume": null, "trend": null, "fair_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": 71.145523, "volume": 889872, "typical_volume": null, "trend": null, "fair_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": 73.402553, "volume": 899510, "typical_volume": null, "trend": null, "fair_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": 80.860567, "volume": 1669531, "typical_volume": 315034.5, "trend": 92.185001, "fair_value": 146.212359, "relative_strength": -38.683925, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.139915, "energy": 34.576308, "activity_lines": [ 73.537386, 72.178343, 75.467648, 81.322977 ] }, { "date": "2025-11-28", "close": 70.662715, "volume": 532647, "typical_volume": 339298.1, "trend": 89.864282, "fair_value": 145.279648, "relative_strength": -47.558413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.948717, "energy": 25.413272, "activity_lines": [ 73.470591, 71.944583, 74.64471, 79.934443 ] }, { "date": "2025-12-05", "close": 69.86981, "volume": 267854, "typical_volume": 350980.1, "trend": 87.498715, "fair_value": 144.360016, "relative_strength": -47.641422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.011447, "energy": 25.220676, "activity_lines": [ 72.835483, 71.581157, 73.849729, 78.644477 ] }, { "date": "2025-12-12", "close": 75.168925, "volume": 264731, "typical_volume": 362609.05, "trend": 86.070365, "fair_value": 143.526388, "relative_strength": -42.626047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.045201, "energy": 19.335881, "activity_lines": [ 73.495713, 72.265064, 73.663601, 77.849007 ] }, { "date": "2025-12-19", "close": 75.855847, "volume": 435052, "typical_volume": 383322.9, "trend": 84.408209, "fair_value": 142.720786, "relative_strength": -41.37207, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.908229, "energy": 21.724601, "activity_lines": [ 74.116691, 73.052455, 73.593382, 77.190005 ] }, { "date": "2025-12-26", "close": 74.173129, "volume": 121426, "typical_volume": 388556.95, "trend": 82.83115, "fair_value": 141.914343, "relative_strength": -42.692912, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.795554, "energy": 14.860606, "activity_lines": [ 74.01321, 73.489292, 73.425422, 76.529678 ] }, { "date": "2026-01-02", "close": 76.938572, "volume": 143060, "typical_volume": 391884.8, "trend": 81.630988, "fair_value": 141.158811, "relative_strength": -39.099495, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.656814, "energy": 11.019984, "activity_lines": [ 75.277372, 74.386379, 73.583022, 76.149511 ] }, { "date": "2026-01-09", "close": 73.383003, "volume": 216270, "typical_volume": 371489.35, "trend": 80.329218, "fair_value": 140.379779, "relative_strength": -41.83076, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.486577, "energy": 10.314021, "activity_lines": [ 74.937954, 74.439981, 73.425515, 75.617383 ] }, { "date": "2026-01-16", "close": 74.963256, "volume": 155021, "typical_volume": 372260.95, "trend": 79.118082, "fair_value": 139.636409, "relative_strength": -39.492972, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.953402, "energy": 8.414949, "activity_lines": [ 74.891074, 74.588561, 73.489439, 75.271192 ] }, { "date": "2026-01-23", "close": 75.852148, "volume": 206336, "typical_volume": 378860.3, "trend": 78.322878, "fair_value": 138.919732, "relative_strength": -37.77771, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.094468, "energy": 7.393868, "activity_lines": [ 75.154203, 74.829345, 73.687169, 75.060487 ] }, { "date": "2026-01-30", "close": 78.420059, "volume": 277666, "typical_volume": 385031.6, "trend": 77.711958, "fair_value": 138.247514, "relative_strength": -35.062494, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.322707, "energy": 5.769417, "activity_lines": [ 76.273549, 75.492483, 74.165572, 75.066757 ] }, { "date": "2026-02-06", "close": 85.432432, "volume": 690447, "typical_volume": 415850.2, "trend": 77.479976, "fair_value": 137.667128, "relative_strength": -28.297839, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.082122, "energy": 34.926736, "activity_lines": [ 79.447224, 77.474971, 75.326892, 75.564852 ] }, { "date": "2026-02-13", "close": 88.889236, "volume": 575201, "typical_volume": 436077.05, "trend": 77.384736, "fair_value": 137.136934, "relative_strength": -23.765842, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.605774, "energy": 57.873362, "activity_lines": [ 83.206909, 79.817429, 76.750897, 76.300933 ] }, { "date": "2026-02-20", "close": 89.388991, "volume": 188872, "typical_volume": 439303.1, "trend": 77.505316, "fair_value": 136.623515, "relative_strength": -23.36089, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.781805, "energy": 67.631221, "activity_lines": [ 86.099431, 81.904944, 78.153891, 77.075401 ] }, { "date": "2026-02-27", "close": 91.852211, "volume": 308327, "typical_volume": 441013.55, "trend": 77.600909, "fair_value": 136.147224, "relative_strength": -19.736482, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 77.276879, "energy": 82.721602, "activity_lines": [ 88.85131, 84.18177, 79.718156, 78.001007 ] }, { "date": "2026-03-06", "close": 91.259616, "volume": 275613, "typical_volume": 427571.3, "trend": 77.735164, "fair_value": 135.674723, "relative_strength": -17.205689, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.606433, "energy": 78.595685, "activity_lines": [ 90.338987, 86.060008, 81.138127, 78.882214 ] }, { "date": "2026-03-13", "close": 93.53123, "volume": 365681, "typical_volume": 435000.35, "trend": 78.123628, "fair_value": 135.235728, "relative_strength": -12.280318, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.533905, "energy": 75.564142, "activity_lines": [ 91.727898, 88.040604, 82.681933, 79.901315 ] }, { "date": "2026-03-20", "close": 97.284331, "volume": 185094, "typical_volume": 433410.55, "trend": 78.42382, "fair_value": 134.844477, "relative_strength": -5.482063, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.542554, "energy": 73.141956, "activity_lines": [ 93.827922, 90.401898, 84.452564, 81.13749 ] }, { "date": "2026-03-27", "close": 107.205215, "volume": 283725, "typical_volume": 403103.2, "trend": 79.1545, "fair_value": 134.562444, "relative_strength": 8.571247, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.913299, "energy": 76.237041, "activity_lines": [ 98.675235, 94.132418, 87.00385, 82.994354 ] }, { "date": "2026-04-03", "close": 94.451662, "volume": 442280, "typical_volume": 380241.7, "trend": 79.52172, "fair_value": 134.157284, "relative_strength": -3.946028, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.848528, "energy": 53.617201, "activity_lines": [ 98.083616, 94.957894, 88.1688, 83.981267 ] }, { "date": "2026-04-10", "close": 86.081523, "volume": 212913, "typical_volume": 307410.8, "trend": 79.671596, "fair_value": 133.676527, "relative_strength": -13.237889, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.110601, "energy": 41.940066, "activity_lines": [ 94.528653, 93.923353, 88.436359, 84.404481 ] }, { "date": "2026-04-17", "close": 69.899585, "volume": 461682, "typical_volume": 303862.55, "trend": 79.619578, "fair_value": 133.045072, "relative_strength": -30.192341, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 9.440912, "energy": 10.289166, "activity_lines": [ 85.924918, 89.807342, 87.13792, 83.774028 ] }, { "date": "2026-04-24", "close": 65.025268, "volume": 174192, "typical_volume": 299179.45, "trend": 79.304353, "fair_value": 132.378211, "relative_strength": -33.675324, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -34.401818, "energy": 36.11292, "activity_lines": [ 77.271853, 85.087507, 85.378894, 82.83246 ] }, { "date": "2026-05-01", "close": 61.883491, "volume": 245972, "typical_volume": 298241.5, "trend": 78.900758, "fair_value": 131.693796, "relative_strength": -35.993216, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -38.081588, "energy": 45.708358, "activity_lines": [ 69.722133, 80.23033, 83.343721, 81.708533 ] }, { "date": "2026-05-08", "close": 55.040605, "volume": 308783, "typical_volume": 291928.05, "trend": 78.288693, "fair_value": 130.956746, "relative_strength": -42.925998, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.140985, "energy": 72.034114, "activity_lines": [ 62.912899, 74.629092, 80.720108, 80.169168 ] }, { "date": "2026-05-15", "close": 57.123223, "volume": 422601, "typical_volume": 306986.8, "trend": 77.798386, "fair_value": 130.25357, "relative_strength": -39.795967, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.54136, "energy": 76.056157, "activity_lines": [ 59.425275, 70.075814, 78.39396, 78.803654 ] }, { "date": "2026-05-22", "close": 54.247227, "volume": 316554, "typical_volume": 315661.5, "trend": 77.403209, "fair_value": 129.536529, "relative_strength": -42.048389, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.676307, "energy": 86.487819, "activity_lines": [ 56.909539, 65.62029, 75.875097, 77.284225 ] }, { "date": "2026-05-29", "close": 47.503513, "volume": 282894, "typical_volume": 318992.7, "trend": 76.893182, "fair_value": 128.769865, "relative_strength": -48.838005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.354248, "energy": 90.03571, "activity_lines": [ 53.18939, 60.65289, 72.822031, 75.355212 ] }, { "date": "2026-06-05", "close": 53.22972, "volume": 881956, "typical_volume": 355339.45, "trend": 76.295989, "fair_value": 128.070419, "relative_strength": -40.086988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.700161, "energy": 78.150259, "activity_lines": [ 52.546092, 57.631724, 70.437552, 73.828537 ] }, { "date": "2026-06-12", "close": 53.453849, "volume": 687449, "typical_volume": 379395.1, "trend": 75.631032, "fair_value": 127.385864, "relative_strength": -39.022495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.88254, "energy": 67.197859, "activity_lines": [ 52.554423, 55.632682, 68.177913, 72.354851 ] }, { "date": "2026-06-19", "close": 50.095876, "volume": 359297, "typical_volume": 383476.65, "trend": 74.605542, "fair_value": 126.683227, "relative_strength": -42.232953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.267421, "energy": 64.459232, "activity_lines": [ 51.549213, 53.768514, 65.705125, 70.707421 ] }, { "date": "2026-06-26", "close": 58.9, "volume": 429082, "typical_volume": 370408.4, "trend": 74.213452, "fair_value": 126.072568, "relative_strength": -29.455609, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.467348, "energy": 51.583357, "activity_lines": [ 53.9472, 54.15938, 64.205702, 69.69416 ] }, { "date": "2026-07-03", "close": 55.269, "volume": 169538, "typical_volume": 350125.25, "trend": 73.726758, "fair_value": 125.440393, "relative_strength": -34.300935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.744346, "energy": 44.870926, "activity_lines": [ 54.82467, 54.090057, 62.486814, 68.471938 ] }, { "date": "2026-07-10", "close": 51.9, "volume": 233083, "typical_volume": 352335.8, "trend": 72.951127, "fair_value": 124.789593, "relative_strength": -38.285234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.155022, "energy": 47.208578, "activity_lines": [ 54.06144, 53.585575, 60.607166, 67.06376 ] }, { "date": "2026-07-17", "close": 57.957, "volume": 191786, "typical_volume": 346508.75, "trend": 72.354499, "fair_value": 124.203342, "relative_strength": -29.147508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.628003, "energy": 37.973192, "activity_lines": [ 55.405858, 54.363884, 59.482894, 66.096397 ] }, { "date": "2026-07-24", "close": 60.0732, "volume": 34755, "typical_volume": 334465.85, "trend": 71.884501, "fair_value": 123.645689, "relative_strength": -25.412634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.695393, "energy": 34.10596, "activity_lines": [ 57.155467, 55.473931, 58.721571, 65.304055 ] }, { "date": "2026-07-31", "close": 55.98, "volume": 53182, "typical_volume": 318840.9, "trend": 71.185882, "fair_value": 123.062364, "relative_strength": -30.391537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.112983, "energy": 31.290443, "activity_lines": [ 56.87552, 55.786124, 57.718925, 64.277958 ] }, { "date": "2026-08-07", "close": 47.1029, "volume": 53723, "typical_volume": 312272.35, "trend": 70.309879, "fair_value": 122.413138, "relative_strength": -42.622204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.43067, "energy": 46.017543, "activity_lines": [ 53.831207, 54.452794, 56.049657, 62.724217 ] } ], "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." } } }