{ "ticker": { "uuid": "5f1dba48-e170-4a43-b94b-8981e95c21b1", "symbol": "SFEB", "name": "FT VEST U.S. SMALL CAP MODERATE BUFFER ETF - FEBRUARY", "exchange": "CBOE", "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": "2026-09-11", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 61.331, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 59.833, "architecture_energy": 51.06, "architecture_maturity": 83.142, "architecture_confidence": 61.501, "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": 17.96, "rotation_up": 45.3, "upward_expansion": 80.12, "deceleration": 70.31, "rotation_down": 29.0, "downward_expansion": 9.12 }, "activity_lines": [ 26.42944, 26.415093, 26.239918, 25.922603 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 26.2148, "trend_reference": 25.41625, "distance_from_trend": 0.031419, "trend_direction": "Improving", "fair_value": 22.361517, "distance_from_fair_value": 0.172318, "fair_value_direction": "Weakening", "relative_strength": -2.008771, "relative_strength_direction": "Weakening", "price_momentum": 0.109912, "excess_performance": -0.050246, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.031419, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.031513, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.172318, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.005074, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.020088, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.016554, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.109912, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.23568, "read": "Demand-led" } ], "volume": { "latest": 7797, "relative_activity": 0.308148, "balance": 1.23568, "dry_up": 0.724139, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.011565, "annualized_volatility": 0.073017, "from_high_reference": -0.019641, "from_low_reference": 0.175541 }, "levels": { "trend_reference": 25.41625, "fair_value_reference": 22.361517, "structural_low": 23.29, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.016804, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": 0.003213, "regime_survival": 0.923077, "best_return": 0.043916, "worst_return": -0.03296, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.026619, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.021068, "regime_survival": 0.75, "best_return": 0.09362, "worst_return": -0.00022, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.086743, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.011766, "regime_survival": 1.0, "best_return": 0.088275, "worst_return": 0.085211, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.181008, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.024874, "regime_survival": 1.0, "best_return": 0.181008, "worst_return": 0.181008, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-11-21", "tenure": "Established", "return": 0.009822, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.006827, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-13", "tenure": "Established", "return": -0.00022, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.076401, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-09-11", "tenure": "Established", "return": 0.04163, "active": true } ], "chart_path": [ { "date": "2024-02-23", "close": 19.72, "volume": 828877, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 20.03, "volume": 408993, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 20.1, "volume": 458936, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 19.91, "volume": 327239, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 20.11, "volume": 348768, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 20.36, "volume": 517413, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 20.035, "volume": 251579, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 19.74, "volume": 280629, "typical_volume": null, "trend": null, "fair_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": 19.42, "volume": 223143, "typical_volume": null, "trend": null, "fair_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": 19.7504, "volume": 175090, "typical_volume": null, "trend": null, "fair_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": 19.945, "volume": 173721, "typical_volume": null, "trend": null, "fair_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": 20.14, "volume": 98777, "typical_volume": null, "trend": null, "fair_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": 20.3027, "volume": 59349, "typical_volume": null, "trend": null, "fair_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": 20.22, "volume": 58678, "typical_volume": null, "trend": null, "fair_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": 20.1983, "volume": 31247, "typical_volume": null, "trend": null, "fair_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": 19.9875, "volume": 44420, "typical_volume": null, "trend": null, "fair_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": 19.84, "volume": 218391, "typical_volume": null, "trend": null, "fair_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": 19.98, "volume": 195192, "typical_volume": null, "trend": null, "fair_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": 20.1075, "volume": 46375, "typical_volume": null, "trend": null, "fair_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": 20.0198, "volume": 33448, "typical_volume": null, "trend": null, "fair_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": 20.689, "volume": 37890, "typical_volume": null, "trend": null, "fair_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": 20.83, "volume": 44441, "typical_volume": null, "trend": null, "fair_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": 21.14, "volume": 173456, "typical_volume": null, "trend": null, "fair_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": 20.4389, "volume": 40388, "typical_volume": null, "trend": null, "fair_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": 20.3472, "volume": 157928, "typical_volume": null, "trend": null, "fair_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": 20.6963, "volume": 53488, "typical_volume": null, "trend": null, "fair_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": 21.1107, "volume": 45037, "typical_volume": null, "trend": null, "fair_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": 21.124, "volume": 25681, "typical_volume": null, "trend": null, "fair_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": 20.4748, "volume": 34342, "typical_volume": null, "trend": null, "fair_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": 20.9488, "volume": 68172, "typical_volume": null, "trend": null, "fair_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": 21.264, "volume": 46008, "typical_volume": null, "trend": null, "fair_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": 21.22, "volume": 69658, "typical_volume": null, "trend": null, "fair_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": 21.1935, "volume": 39757, "typical_volume": null, "trend": null, "fair_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": 21.3247, "volume": 15700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 21.5569, "volume": 10567, "typical_volume": null, "trend": null, "fair_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": 21.2198, "volume": 32786, "typical_volume": null, "trend": null, "fair_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": 21.2137, "volume": 26906, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 22.2314, "volume": 129552, "typical_volume": null, "trend": null, "fair_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": 21.8278, "volume": 416383, "typical_volume": null, "trend": null, "fair_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": 22.3097, "volume": 42222, "typical_volume": null, "trend": null, "fair_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": 22.455, "volume": 11948, "typical_volume": null, "trend": null, "fair_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": 22.4256, "volume": 67632, "typical_volume": null, "trend": null, "fair_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": 22.156, "volume": 8244, "typical_volume": null, "trend": null, "fair_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": 21.5671, "volume": 40798, "typical_volume": null, "trend": null, "fair_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": 21.5816, "volume": 19848, "typical_volume": null, "trend": null, "fair_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": 21.8055, "volume": 16920, "typical_volume": null, "trend": null, "fair_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": 21.2313, "volume": 65510, "typical_volume": null, "trend": null, "fair_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": 21.9316, "volume": 54278, "typical_volume": null, "trend": null, "fair_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": 22.16, "volume": 56125, "typical_volume": null, "trend": null, "fair_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": 22.0341, "volume": 153159, "typical_volume": null, "trend": null, "fair_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": 21.9947, "volume": 85060, "typical_volume": null, "trend": null, "fair_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": 21.97, "volume": 35443, "typical_volume": null, "trend": null, "fair_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": 21.22, "volume": 111011, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 21.0349, "volume": 282809, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 20.6, "volume": 128599, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 20.463, "volume": 183734, "typical_volume": null, "trend": null, "fair_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": 20.61, "volume": 53950, "typical_volume": null, "trend": null, "fair_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": 20.4266, "volume": 139060, "typical_volume": null, "trend": null, "fair_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": 19.22, "volume": 255635, "typical_volume": null, "trend": null, "fair_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": 19.36, "volume": 120500, "typical_volume": null, "trend": null, "fair_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": 19.64, "volume": 32633, "typical_volume": null, "trend": null, "fair_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": 20.06, "volume": 131715, "typical_volume": null, "trend": null, "fair_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": 20.46, "volume": 52656, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-09", "close": 20.466, "volume": 22418, "typical_volume": null, "trend": null, "fair_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": 20.9743, "volume": 49333, "typical_volume": null, "trend": null, "fair_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": 20.5595, "volume": 149663, "typical_volume": null, "trend": null, "fair_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": 20.7544, "volume": 11845, "typical_volume": null, "trend": null, "fair_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": 21.0895, "volume": 26126, "typical_volume": null, "trend": null, "fair_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": 20.95, "volume": 47236, "typical_volume": null, "trend": null, "fair_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": 21.03, "volume": 25998, "typical_volume": null, "trend": null, "fair_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": 21.3, "volume": 70777, "typical_volume": null, "trend": null, "fair_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": 21.695, "volume": 28136, "typical_volume": null, "trend": null, "fair_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": 21.6506, "volume": 72368, "typical_volume": null, "trend": null, "fair_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": 21.65, "volume": 195108, "typical_volume": null, "trend": null, "fair_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": 21.805, "volume": 24680, "typical_volume": null, "trend": null, "fair_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": 21.3432, "volume": 26086, "typical_volume": null, "trend": null, "fair_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": 21.6351, "volume": 105597, "typical_volume": null, "trend": null, "fair_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": 21.9911, "volume": 17445, "typical_volume": null, "trend": null, "fair_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": 22.3668, "volume": 258686, "typical_volume": null, "trend": null, "fair_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": 22.43, "volume": 233513, "typical_volume": 79100.95, "trend": 21.02499, "fair_value": 20.914686, "relative_strength": -4.231884, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.317898, "energy": 86.293913, "activity_lines": [ 22.146927, 21.932758, 21.5669, 21.25017 ] }, { "date": "2025-09-05", "close": 22.5557, "volume": 27688, "typical_volume": 78853.7, "trend": 21.04369, "fair_value": 20.934946, "relative_strength": -3.842145, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.114415, "energy": 90.310184, "activity_lines": [ 22.347747, 22.07258, 21.696726, 21.348926 ] }, { "date": "2025-09-12", "close": 22.6128, "volume": 38825, "typical_volume": 74209.2, "trend": 21.065117, "fair_value": 20.955407, "relative_strength": -4.921467, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.551031, "energy": 89.837107, "activity_lines": [ 22.486767, 22.199953, 21.818106, 21.450158 ] }, { "date": "2025-09-19", "close": 22.8253, "volume": 29203, "typical_volume": 73036.55, "trend": 21.118627, "fair_value": 20.977936, "relative_strength": -5.023753, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.750425, "energy": 89.370688, "activity_lines": [ 22.63144, 22.349275, 21.947568, 21.563719 ] }, { "date": "2025-09-26", "close": 22.7715, "volume": 36818, "typical_volume": 73756.55, "trend": 21.176513, "fair_value": 20.999288, "relative_strength": -4.817985, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.84555, "energy": 83.363767, "activity_lines": [ 22.702567, 22.467456, 22.060643, 21.670356 ] }, { "date": "2025-10-03", "close": 23.02, "volume": 34084, "typical_volume": 72994.1, "trend": 21.25718, "fair_value": 21.023061, "relative_strength": -4.687834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.362904, "energy": 82.196867, "activity_lines": [ 22.829547, 22.610429, 22.186406, 21.78929 ] }, { "date": "2025-10-10", "close": 22.6355, "volume": 12210, "typical_volume": 66121.45, "trend": 21.329597, "fair_value": 21.04181, "relative_strength": -3.824247, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.677475, "energy": 64.884985, "activity_lines": [ 22.789027, 22.661402, 22.265808, 21.878214 ] }, { "date": "2025-10-17", "close": 22.88, "volume": 34596, "typical_volume": 67259.0, "trend": 21.405263, "fair_value": 21.062939, "relative_strength": -4.301798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.006347, "energy": 62.731889, "activity_lines": [ 22.824687, 22.733333, 22.35861, 21.97824 ] }, { "date": "2025-10-24", "close": 23.1999, "volume": 144253, "typical_volume": 73165.35, "trend": 21.497707, "fair_value": 21.087223, "relative_strength": -4.661959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.695194, "energy": 66.650284, "activity_lines": [ 22.949167, 22.840793, 22.471758, 22.094023 ] }, { "date": "2025-10-31", "close": 23.0645, "volume": 23309, "typical_volume": 71969.0, "trend": 21.625857, "fair_value": 21.109439, "relative_strength": -5.695845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.953118, "energy": 61.499719, "activity_lines": [ 23.00354, 22.901656, 22.56196, 22.195107 ] }, { "date": "2025-11-07", "close": 22.8451, "volume": 16140, "typical_volume": 71476.1, "trend": 21.742027, "fair_value": 21.128724, "relative_strength": -4.867083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.965131, "energy": 55.749088, "activity_lines": [ 22.965247, 22.909944, 22.621198, 22.273768 ] }, { "date": "2025-11-14", "close": 22.709, "volume": 47256, "typical_volume": 70300.05, "trend": 21.844327, "fair_value": 21.14609, "relative_strength": -5.369665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.310012, "energy": 48.484089, "activity_lines": [ 22.893247, 22.885938, 22.658831, 22.336153 ] }, { "date": "2025-11-21", "close": 22.6503, "volume": 24624, "typical_volume": 70124.45, "trend": 21.93067, "fair_value": 21.16244, "relative_strength": -3.582563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.916576, "energy": 33.488511, "activity_lines": [ 22.79678, 22.848473, 22.684164, 22.388151 ] }, { "date": "2025-11-28", "close": 23.29, "volume": 6765, "typical_volume": 66844.3, "trend": 22.025003, "fair_value": 21.185317, "relative_strength": -4.205443, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.73019, "energy": 43.099962, "activity_lines": [ 22.92886, 22.926635, 22.765871, 22.47585 ] }, { "date": "2025-12-05", "close": 23.449, "volume": 28446, "typical_volume": 58511.2, "trend": 22.124437, "fair_value": 21.209399, "relative_strength": -3.711289, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.495256, "energy": 51.414286, "activity_lines": [ 23.107933, 23.025256, 22.854915, 22.567721 ] }, { "date": "2025-12-12", "close": 23.624, "volume": 7231, "typical_volume": 57638.75, "trend": 22.21276, "fair_value": 21.234816, "relative_strength": -2.303254, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.174574, "energy": 65.797197, "activity_lines": [ 23.319707, 23.143378, 22.952059, 22.664467 ] }, { "date": "2025-12-19", "close": 23.645, "volume": 40881, "typical_volume": 58378.5, "trend": 22.31561, "fair_value": 21.259922, "relative_strength": -2.219729, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.943554, "energy": 81.339008, "activity_lines": [ 23.486553, 23.254336, 23.042541, 22.756869 ] }, { "date": "2025-12-26", "close": 23.7275, "volume": 11494, "typical_volume": 53673.35, "trend": 22.414713, "fair_value": 21.285361, "relative_strength": -3.138367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.141166, "energy": 84.554799, "activity_lines": [ 23.6185, 23.36194, 23.129919, 22.847959 ] }, { "date": "2026-01-02", "close": 23.6408, "volume": 6826, "typical_volume": 53142.4, "trend": 22.499757, "fair_value": 21.309396, "relative_strength": -2.34271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.052286, "energy": 78.358785, "activity_lines": [ 23.649733, 23.438371, 23.199076, 22.927061 ] }, { "date": "2026-01-09", "close": 24.1098, "volume": 144517, "typical_volume": 47433.95, "trend": 22.605083, "fair_value": 21.337683, "relative_strength": -1.848694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.694319, "energy": 82.770377, "activity_lines": [ 23.813913, 23.592058, 23.305044, 23.030935 ] }, { "date": "2026-01-16", "close": 24.246, "volume": 59708, "typical_volume": 38743.7, "trend": 22.712283, "fair_value": 21.366766, "relative_strength": -0.838456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.91361, "energy": 87.017892, "activity_lines": [ 23.97944, 23.751504, 23.415684, 23.136801 ] }, { "date": "2026-01-23", "close": 24.24, "volume": 66856, "typical_volume": 40702.1, "trend": 22.810283, "fair_value": 21.395214, "relative_strength": -0.421042, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.342421, "energy": 84.240576, "activity_lines": [ 24.1015, 23.884387, 23.517104, 23.235363 ] }, { "date": "2026-01-30", "close": 24.1954, "volume": 45637, "typical_volume": 41042.7, "trend": 22.89363, "fair_value": 21.422667, "relative_strength": -0.885848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.34603, "energy": 83.888284, "activity_lines": [ 24.169027, 23.981325, 23.606257, 23.324725 ] }, { "date": "2026-02-06", "close": 24.42, "volume": 63592, "typical_volume": 42762.15, "trend": 22.985943, "fair_value": 21.451767, "relative_strength": 0.321621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.12653, "energy": 86.108198, "activity_lines": [ 24.280227, 24.091007, 23.709263, 23.423201 ] }, { "date": "2026-02-13", "close": 24.4238, "volume": 88935, "typical_volume": 45368.0, "trend": 23.078403, "fair_value": 21.480344, "relative_strength": 1.677682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.898518, "energy": 79.930225, "activity_lines": [ 24.340747, 24.180835, 23.805038, 23.515966 ] }, { "date": "2026-02-20", "close": 24.55, "volume": 221983, "typical_volume": 54762.95, "trend": 23.169903, "fair_value": 21.509579, "relative_strength": 1.074221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.712866, "energy": 81.668851, "activity_lines": [ 24.4224, 24.275884, 23.904964, 23.610908 ] }, { "date": "2026-02-27", "close": 24.41, "volume": 427793, "typical_volume": 75542.1, "trend": 23.27213, "fair_value": 21.536942, "relative_strength": 1.014609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.583523, "energy": 64.69377, "activity_lines": [ 24.43712, 24.328642, 23.98427, 23.690914 ] }, { "date": "2026-03-06", "close": 23.83, "volume": 363310, "typical_volume": 91977.8, "trend": 23.345293, "fair_value": 21.558372, "relative_strength": 0.651545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.414127, "energy": 45.037725, "activity_lines": [ 24.247173, 24.262036, 23.999889, 23.726905 ] }, { "date": "2026-03-13", "close": 23.6188, "volume": 235604, "typical_volume": 96545.35, "trend": 23.39955, "fair_value": 21.57745, "relative_strength": 1.341431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.145849, "energy": 21.603492, "activity_lines": [ 24.011187, 24.155167, 23.99087, 23.744551 ] }, { "date": "2026-03-20", "close": 23.3649, "volume": 111431, "typical_volume": 100951.45, "trend": 23.43282, "fair_value": 21.593849, "relative_strength": 2.142114, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.676764, "energy": 19.648898, "activity_lines": [ 23.74398, 24.002535, 23.955674, 23.742315 ] }, { "date": "2026-03-27", "close": 23.45, "volume": 93974, "typical_volume": 104843.15, "trend": 23.46682, "fair_value": 21.610723, "relative_strength": 4.866603, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.642164, "energy": 26.918082, "activity_lines": [ 23.575733, 23.878918, 23.927153, 23.743424 ] }, { "date": "2026-04-03", "close": 23.9, "volume": 55090, "typical_volume": 105234.85, "trend": 23.51163, "fair_value": 21.631347, "relative_strength": 3.450701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.718954, "energy": 21.385802, "activity_lines": [ 23.63082, 23.851593, 23.938609, 23.771371 ] }, { "date": "2026-04-10", "close": 24.51, "volume": 79398, "typical_volume": 107973.55, "trend": 23.57487, "fair_value": 21.657049, "relative_strength": 2.43514, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.063099, "energy": 18.422683, "activity_lines": [ 23.92324, 23.941358, 24.002489, 23.835782 ] }, { "date": "2026-04-17", "close": 25.15, "volume": 164326, "typical_volume": 115851.6, "trend": 23.65236, "fair_value": 21.68796, "relative_strength": 0.69654, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 73.71857, "energy": 56.053026, "activity_lines": [ 24.38366, 24.141767, 24.118465, 23.937403 ] }, { "date": "2026-04-24", "close": 25.1671, "volume": 50229, "typical_volume": 116940.75, "trend": 23.732213, "fair_value": 21.718479, "relative_strength": 0.316286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.316351, "energy": 76.178387, "activity_lines": [ 24.7477, 24.332013, 24.227212, 24.035128 ] }, { "date": "2026-05-01", "close": 25.25, "volume": 48430, "typical_volume": 119000.7, "trend": 23.806547, "fair_value": 21.749188, "relative_strength": -0.20978, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.042386, "energy": 82.493575, "activity_lines": [ 25.019227, 24.523816, 24.335674, 24.13305 ] }, { "date": "2026-05-08", "close": 25.5099, "volume": 35432, "typical_volume": 118728.25, "trend": 23.90236, "fair_value": 21.781608, "relative_strength": -1.388805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.250256, "energy": 86.521045, "activity_lines": [ 25.257387, 24.750147, 24.461145, 24.242944 ] }, { "date": "2026-05-15", "close": 25.24, "volume": 36076, "typical_volume": 119957.35, "trend": 23.981027, "fair_value": 21.811167, "relative_strength": -2.553536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.886979, "energy": 79.205226, "activity_lines": [ 25.298253, 24.907407, 24.55203, 24.329243 ] }, { "date": "2026-05-22", "close": 25.59, "volume": 23323, "typical_volume": 120782.2, "trend": 24.060697, "fair_value": 21.843191, "relative_strength": -1.97402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.732329, "energy": 72.134105, "activity_lines": [ 25.40712, 25.102667, 24.669047, 24.433048 ] }, { "date": "2026-05-29", "close": 25.74, "volume": 12735, "typical_volume": 114193.1, "trend": 24.14988, "fair_value": 21.875937, "relative_strength": -2.727302, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.012603, "energy": 72.815359, "activity_lines": [ 25.536653, 25.28936, 24.791068, 24.54139 ] }, { "date": "2026-06-05", "close": 25.47, "volume": 39953, "typical_volume": 113205.35, "trend": 24.237377, "fair_value": 21.905887, "relative_strength": -1.219111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.427061, "energy": 55.907743, "activity_lines": [ 25.537993, 25.383778, 24.879611, 24.626559 ] }, { "date": "2026-06-12", "close": 25.83, "volume": 25885, "typical_volume": 111156.8, "trend": 24.34141, "fair_value": 21.938318, "relative_strength": -0.353332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.128751, "energy": 60.653684, "activity_lines": [ 25.644667, 25.506924, 24.996611, 24.729309 ] }, { "date": "2026-06-19", "close": 26.0325, "volume": 10814, "typical_volume": 109415.65, "trend": 24.45415, "fair_value": 21.971877, "relative_strength": -0.446763, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.048359, "energy": 72.904379, "activity_lines": [ 25.7975, 25.631796, 25.125326, 24.838412 ] }, { "date": "2026-06-26", "close": 26.1302, "volume": 9017, "typical_volume": 106686.9, "trend": 24.548823, "fair_value": 22.005685, "relative_strength": 2.313752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.69315, "energy": 73.434469, "activity_lines": [ 25.930067, 25.746751, 25.254598, 24.946544 ] }, { "date": "2026-07-03", "close": 26.1774, "volume": 10541, "typical_volume": 102767.2, "trend": 24.63977, "fair_value": 22.039327, "relative_strength": 0.321581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.921185, "energy": 83.793518, "activity_lines": [ 26.042353, 25.852465, 25.38022, 25.051613 ] }, { "date": "2026-07-10", "close": 26.1719, "volume": 18097, "typical_volume": 92572.9, "trend": 24.7247, "fair_value": 22.072388, "relative_strength": -1.027061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.591134, "energy": 83.37298, "activity_lines": [ 26.123647, 25.938811, 25.496969, 25.15046 ] }, { "date": "2026-07-17", "close": 26.155, "volume": 43611, "typical_volume": 73363.8, "trend": 24.808367, "fair_value": 22.10479, "relative_strength": 0.443563, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.220988, "energy": 81.618711, "activity_lines": [ 26.152513, 26.005322, 25.604385, 25.242738 ] }, { "date": "2026-07-24", "close": 26.0768, "volume": 18786, "typical_volume": 56137.6, "trend": 24.886677, "fair_value": 22.136065, "relative_strength": 0.696204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.644141, "energy": 65.209852, "activity_lines": [ 26.133647, 26.045885, 25.696043, 25.324572 ] }, { "date": "2026-07-31", "close": 26.1388, "volume": 41986, "typical_volume": 46456.7, "trend": 24.969943, "fair_value": 22.167337, "relative_strength": -0.174244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.824718, "energy": 57.732634, "activity_lines": [ 26.132493, 26.082507, 25.782908, 25.405354 ] }, { "date": "2026-08-07", "close": 26.555, "volume": 39640, "typical_volume": 42867.15, "trend": 25.05145, "fair_value": 22.20135, "relative_strength": -2.025526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.692636, "energy": 65.544128, "activity_lines": [ 26.2695, 26.184824, 25.89741, 25.507616 ] }, { "date": "2026-08-14", "close": 26.68, "volume": 18439, "typical_volume": 39090.4, "trend": 25.132583, "fair_value": 22.235801, "relative_strength": -1.944714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.505236, "energy": 68.674009, "activity_lines": [ 26.423, 26.295049, 26.008626, 25.612684 ] }, { "date": "2026-08-21", "close": 26.56, "volume": 11748, "typical_volume": 36923.3, "trend": 25.209917, "fair_value": 22.26881, "relative_strength": -1.012485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.65039, "energy": 74.258681, "activity_lines": [ 26.502627, 26.361456, 26.093033, 25.704775 ] }, { "date": "2026-08-28", "close": 26.49, "volume": 27091, "typical_volume": 34307.95, "trend": 25.286403, "fair_value": 22.300789, "relative_strength": -1.700068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.056954, "energy": 72.188433, "activity_lines": [ 26.53192, 26.401864, 26.158106, 25.787361 ] }, { "date": "2026-09-04", "close": 26.5244, "volume": 26655, "typical_volume": 27424.4, "trend": 25.35655, "fair_value": 22.332545, "relative_strength": -1.63681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.73202, "energy": 68.526736, "activity_lines": [ 26.545133, 26.440207, 26.217027, 25.867232 ] }, { "date": "2026-09-11", "close": 26.2148, "volume": 7797, "typical_volume": 25302.8, "trend": 25.41625, "fair_value": 22.361517, "relative_strength": -2.008771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.833186, "energy": 51.059744, "activity_lines": [ 26.42944, 26.415093, 26.239918, 25.922603 ] } ], "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." } } }