{ "ticker": { "uuid": "6ff572cc-5f55-4f52-94b2-6d4094ce21c3", "symbol": "SMFG19", "name": "Sumitomo Mitsui Financial Group, Inc.", "exchange": "SET", "country": "TH", "assetType": "equity" }, "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": "^SET.BK", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 66.709, "architecture_energy": 64.915, "architecture_maturity": 59.463, "architecture_confidence": 91.063, "architecture_tenure": "Developing", "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": 6.47, "rotation_up": 66.93, "upward_expansion": 87.67, "deceleration": 64.99, "rotation_down": 19.67, "downward_expansion": 12.0 }, "activity_lines": [ 14.393333, 14.110909, 13.32037, 12.747769 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 14.3, "trend_reference": 12.129538, "distance_from_trend": 0.17894, "trend_direction": "Improving", "fair_value": 9.158316, "distance_from_fair_value": 0.561422, "fair_value_direction": "Improving", "relative_strength": 14.83483, "relative_strength_direction": "Improving", "price_momentum": 0.236342, "excess_performance": 0.044017, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.17894, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.127577, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.561422, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.226809, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.148348, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.104464, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.236342, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.105966, "read": "Demand-led" } ], "volume": { "latest": 57361, "relative_activity": 0.899125, "balance": 2.105966, "dry_up": 1.329929, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.050565, "annualized_volatility": 0.270777, "from_high_reference": -0.05298, "from_low_reference": 0.742795 }, "levels": { "trend_reference": 12.129538, "fair_value_reference": 9.158316, "structural_low": 9.984653, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.049907, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.007985, "regime_survival": 0.833333, "best_return": 0.098039, "worst_return": -0.10084, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.134092, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.019413, "regime_survival": 1.0, "best_return": 0.198877, "worst_return": 0.069307, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.281967, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.039514, "regime_survival": 1.0, "best_return": 0.281967, "worst_return": 0.281967, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-03-13", "tenure": "Established", "return": 0.029703, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-15", "tenure": "Developing", "return": 0.116525, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.153226, "active": true } ], "chart_path": [ { "date": "2024-05-31", "close": 7.45192, "volume": 129988, "typical_volume": null, "trend": null, "fair_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": 7.546849, "volume": 66743, "typical_volume": null, "trend": null, "fair_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": 7.404456, "volume": 107929, "typical_volume": null, "trend": null, "fair_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": 7.404456, "volume": 182600, "typical_volume": null, "trend": null, "fair_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": 7.831636, "volume": 122066, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 8.068958, "volume": 33444, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 8.068958, "volume": 36541, "typical_volume": null, "trend": null, "fair_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": 8.068958, "volume": 33007, "typical_volume": null, "trend": null, "fair_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": 7.926565, "volume": 69508, "typical_volume": null, "trend": null, "fair_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": 8.163888, "volume": 88566, "typical_volume": null, "trend": null, "fair_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": 6.739953, "volume": 272882, "typical_volume": null, "trend": null, "fair_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": 7.594313, "volume": 94883, "typical_volume": null, "trend": null, "fair_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": 7.309526, "volume": 9953, "typical_volume": null, "trend": null, "fair_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": 7.214597, "volume": 44196, "typical_volume": null, "trend": null, "fair_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": 6.929811, "volume": 55034, "typical_volume": null, "trend": null, "fair_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": 6.787418, "volume": 14871, "typical_volume": null, "trend": null, "fair_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": 6.787418, "volume": 0, "typical_volume": null, "trend": null, "fair_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": 6.646909, "volume": 122346, "typical_volume": null, "trend": null, "fair_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": 6.695075, "volume": 243500, "typical_volume": null, "trend": null, "fair_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": 6.743241, "volume": 64126, "typical_volume": null, "trend": null, "fair_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": 7.032238, "volume": 189916, "typical_volume": null, "trend": null, "fair_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": 6.695075, "volume": 13370, "typical_volume": null, "trend": null, "fair_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": 6.984072, "volume": 3304, "typical_volume": null, "trend": null, "fair_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": 7.610229, "volume": 193138, "typical_volume": null, "trend": null, "fair_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": 7.802894, "volume": 99561, "typical_volume": null, "trend": null, "fair_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": 7.995558, "volume": 157153, "typical_volume": null, "trend": null, "fair_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": 8.043724, "volume": 43689, "typical_volume": null, "trend": null, "fair_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": 8.188222, "volume": 27686, "typical_volume": null, "trend": null, "fair_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": 8.188222, "volume": 22961, "typical_volume": null, "trend": null, "fair_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": 7.754727, "volume": 32590, "typical_volume": null, "trend": null, "fair_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": 7.899225, "volume": 23553, "typical_volume": null, "trend": null, "fair_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": 7.851059, "volume": 16658, "typical_volume": null, "trend": null, "fair_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": 7.947392, "volume": 159640, "typical_volume": null, "trend": null, "fair_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": 8.091889, "volume": 77179, "typical_volume": null, "trend": null, "fair_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": 7.754727, "volume": 110477, "typical_volume": null, "trend": null, "fair_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": 8.188222, "volume": 49526, "typical_volume": null, "trend": null, "fair_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": 8.091889, "volume": 36936, "typical_volume": null, "trend": null, "fair_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": 8.188222, "volume": 32747, "typical_volume": null, "trend": null, "fair_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": 8.380886, "volume": 277051, "typical_volume": null, "trend": null, "fair_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": 8.332719, "volume": 50781, "typical_volume": null, "trend": null, "fair_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": 8.188222, "volume": 92951, "typical_volume": null, "trend": null, "fair_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": 8.525383, "volume": 243881, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 9.007044, "volume": 72842, "typical_volume": null, "trend": null, "fair_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": 8.678738, "volume": 74159, "typical_volume": null, "trend": null, "fair_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": 7.167272, "volume": 248372, "typical_volume": null, "trend": null, "fair_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": 7.167272, "volume": 154796, "typical_volume": null, "trend": null, "fair_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": 7.459814, "volume": 146378, "typical_volume": null, "trend": null, "fair_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": 7.459814, "volume": 339521, "typical_volume": null, "trend": null, "fair_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": 7.411057, "volume": 89126, "typical_volume": null, "trend": null, "fair_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": 7.654842, "volume": 572002, "typical_volume": null, "trend": null, "fair_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": 7.801113, "volume": 75017, "typical_volume": null, "trend": null, "fair_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": 8.093655, "volume": 335884, "typical_volume": null, "trend": null, "fair_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": 8.142411, "volume": 73147, "typical_volume": null, "trend": null, "fair_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": 8.044898, "volume": 22658, "typical_volume": null, "trend": null, "fair_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": 7.947383, "volume": 17128, "typical_volume": null, "trend": null, "fair_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": 7.801113, "volume": 28038, "typical_volume": null, "trend": null, "fair_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": 7.99614, "volume": 108716, "typical_volume": null, "trend": null, "fair_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": 8.093655, "volume": 32311, "typical_volume": null, "trend": null, "fair_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": 7.947383, "volume": 128293, "typical_volume": null, "trend": null, "fair_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": 7.654842, "volume": 132339, "typical_volume": null, "trend": null, "fair_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": 8.581223, "volume": 146497, "typical_volume": null, "trend": null, "fair_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": 8.142411, "volume": 124837, "typical_volume": null, "trend": null, "fair_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": 8.191168, "volume": 88480, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-15", "close": 9.117551, "volume": 140518, "typical_volume": null, "trend": null, "fair_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": 8.873766, "volume": 96852, "typical_volume": null, "trend": null, "fair_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": 8.776252, "volume": 30941, "typical_volume": null, "trend": null, "fair_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": 8.678738, "volume": 156411, "typical_volume": null, "trend": null, "fair_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": 8.629981, "volume": 29368, "typical_volume": null, "trend": null, "fair_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": 8.825008, "volume": 152408, "typical_volume": null, "trend": null, "fair_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": 8.922523, "volume": 114839, "typical_volume": null, "trend": null, "fair_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": 8.847786, "volume": 140247, "typical_volume": null, "trend": null, "fair_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": 8.353497, "volume": 167805, "typical_volume": null, "trend": null, "fair_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": 8.452354, "volume": 268635, "typical_volume": null, "trend": null, "fair_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": 8.600641, "volume": 31384, "typical_volume": null, "trend": null, "fair_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": 8.65007, "volume": 104384, "typical_volume": null, "trend": null, "fair_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": 8.748928, "volume": 38591, "typical_volume": null, "trend": null, "fair_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": 8.996074, "volume": 187464, "typical_volume": null, "trend": null, "fair_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": 9.094931, "volume": 144594, "typical_volume": null, "trend": null, "fair_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": 9.58922, "volume": 27376, "typical_volume": null, "trend": null, "fair_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": 9.984653, "volume": 93843, "typical_volume": 114273.7, "trend": 8.519312, "fair_value": 7.983812, "relative_strength": 16.88663, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.791791, "energy": 92.274743, "activity_lines": [ 9.487068, 9.14436, 8.94047, 8.761296 ] }, { "date": "2025-12-12", "close": 10.08351, "volume": 25080, "typical_volume": 108202.85, "trend": 8.595392, "fair_value": 8.009734, "relative_strength": 19.10264, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.966893, "energy": 94.207584, "activity_lines": [ 9.753984, 9.353759, 9.062439, 8.862212 ] }, { "date": "2025-12-19", "close": 10.08351, "volume": 20035, "typical_volume": 102962.75, "trend": 8.661721, "fair_value": 8.035024, "relative_strength": 18.483764, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.481016, "energy": 91.600065, "activity_lines": [ 9.931928, 9.54069, 9.177254, 8.958219 ] }, { "date": "2025-12-26", "close": 10.08351, "volume": 19821, "typical_volume": 99529.8, "trend": 8.726424, "fair_value": 8.059704, "relative_strength": 17.034275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.032909, "energy": 88.829226, "activity_lines": [ 10.037376, 9.696167, 9.282825, 9.049947 ] }, { "date": "2026-01-02", "close": 10.08351, "volume": 2874, "typical_volume": 92647.6, "trend": 8.794378, "fair_value": 8.083797, "relative_strength": 16.23234, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.293439, "energy": 83.256452, "activity_lines": [ 10.07692, 9.821986, 9.379386, 9.137501 ] }, { "date": "2026-01-09", "close": 10.281226, "volume": 7269428, "typical_volume": 451276.4, "trend": 8.872172, "fair_value": 8.109649, "relative_strength": 18.250015, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.066109, "energy": 68.578145, "activity_lines": [ 10.149415, 9.956792, 9.490177, 9.233427 ] }, { "date": "2026-01-16", "close": 11.170948, "volume": 204000, "typical_volume": 459929.35, "trend": 8.9845, "fair_value": 8.145246, "relative_strength": 25.370199, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.255509, "energy": 78.855218, "activity_lines": [ 10.498714, 10.223709, 9.679001, 9.381735 ] }, { "date": "2026-01-23", "close": 10.676659, "volume": 77291, "typical_volume": 455973.35, "trend": 9.073851, "fair_value": 8.174342, "relative_strength": 15.524649, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.064732, "energy": 67.716765, "activity_lines": [ 10.610753, 10.356718, 9.809346, 9.490907 ] }, { "date": "2026-01-30", "close": 11.07209, "volume": 134085, "typical_volume": 461209.2, "trend": 9.173132, "fair_value": 8.207271, "relative_strength": 18.102586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.277207, "energy": 75.077707, "activity_lines": [ 10.815059, 10.531067, 9.967838, 9.619825 ] }, { "date": "2026-02-06", "close": 11.56638, "volume": 279474, "typical_volume": 467562.5, "trend": 9.293765, "fair_value": 8.245014, "relative_strength": 20.059877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.770405, "energy": 82.973631, "activity_lines": [ 11.118224, 10.759339, 10.161776, 9.774228 ] }, { "date": "2026-02-13", "close": 12.159528, "volume": 152572, "typical_volume": 469449.15, "trend": 9.443922, "fair_value": 8.288509, "relative_strength": 18.812599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.010719, "energy": 77.066687, "activity_lines": [ 11.520246, 11.059508, 10.39915, 9.959116 ] }, { "date": "2026-02-20", "close": 11.961812, "volume": 128687, "typical_volume": 468871.15, "trend": 9.556608, "fair_value": 8.328875, "relative_strength": 12.57539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.613507, "energy": 74.669132, "activity_lines": [ 11.731143, 11.284185, 10.602279, 10.121561 ] }, { "date": "2026-02-27", "close": 11.764095, "volume": 269816, "typical_volume": 473971.7, "trend": 9.677331, "fair_value": 8.366214, "relative_strength": 6.975333, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.370209, "energy": 66.544439, "activity_lines": [ 11.82341, 11.438763, 10.77175, 10.263979 ] }, { "date": "2026-03-06", "close": 10.676659, "volume": 6836753, "typical_volume": 802377.6, "trend": 9.76018, "fair_value": 8.391058, "relative_strength": 4.98945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.684679, "energy": 53.956892, "activity_lines": [ 11.480703, 11.365069, 10.821415, 10.328452 ] }, { "date": "2026-03-13", "close": 10.281226, "volume": 70423, "typical_volume": 804329.55, "trend": 9.79897, "fair_value": 8.411166, "relative_strength": 1.165558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.422589, "energy": 28.432279, "activity_lines": [ 11.032547, 11.208694, 10.822827, 10.362068 ] }, { "date": "2026-03-20", "close": 10.478943, "volume": 10954, "typical_volume": 799658.05, "trend": 9.852475, "fair_value": 8.432932, "relative_strength": 1.48526, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.562636, "energy": 25.522568, "activity_lines": [ 10.735973, 11.084672, 10.835066, 10.405937 ] }, { "date": "2026-03-27", "close": 10.5778, "volume": 68621, "typical_volume": 801159.55, "trend": 9.912527, "fair_value": 8.455274, "relative_strength": 1.467173, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.897721, "energy": 26.753375, "activity_lines": [ 10.584391, 10.97503, 10.848012, 10.452733 ] }, { "date": "2026-04-03", "close": 11.0, "volume": 60009, "typical_volume": 794786.8, "trend": 9.989902, "fair_value": 8.481509, "relative_strength": 4.678664, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.531896, "energy": 21.906102, "activity_lines": [ 10.665809, 10.952935, 10.892458, 10.522892 ] }, { "date": "2026-04-10", "close": 11.2, "volume": 18281, "typical_volume": 788471.15, "trend": 10.07557, "fair_value": 8.509248, "relative_strength": 2.549042, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.811937, "energy": 17.480269, "activity_lines": [ 10.864834, 10.961326, 10.94641, 10.600963 ] }, { "date": "2026-04-17", "close": 11.4, "volume": 11520, "typical_volume": 787678.35, "trend": 10.161403, "fair_value": 8.538448, "relative_strength": 5.758474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.165391, "energy": 27.365838, "activity_lines": [ 11.095636, 11.003754, 11.009385, 10.68641 ] }, { "date": "2026-04-24", "close": 10.9, "volume": 38245, "typical_volume": 784898.45, "trend": 10.227319, "fair_value": 8.562063, "relative_strength": 2.66492, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.217409, "energy": 25.53967, "activity_lines": [ 11.085187, 10.958298, 11.016118, 10.734061 ] }, { "date": "2026-05-01", "close": 11.2, "volume": 52915, "typical_volume": 786290.2, "trend": 10.305726, "fair_value": 8.588181, "relative_strength": 2.479816, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 41.032506, "energy": 26.405498, "activity_lines": [ 11.146667, 10.990288, 11.047063, 10.796815 ] }, { "date": "2026-05-08", "close": 11.5, "volume": 32786, "typical_volume": 786927.75, "trend": 10.410609, "fair_value": 8.616729, "relative_strength": 4.388432, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.112524, "energy": 33.227277, "activity_lines": [ 11.266667, 11.090675, 11.101264, 10.873865 ] }, { "date": "2026-05-15", "close": 11.7, "volume": 225906, "typical_volume": 797232.0, "trend": 10.518864, "fair_value": 8.646663, "relative_strength": 4.648725, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.621386, "energy": 40.354095, "activity_lines": [ 11.42, 11.232227, 11.167767, 10.957052 ] }, { "date": "2026-05-22", "close": 12.4, "volume": 83384, "typical_volume": 801257.5, "trend": 10.645509, "fair_value": 8.682753, "relative_strength": 9.080535, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.632909, "energy": 66.169778, "activity_lines": [ 11.773333, 11.482446, 11.293239, 11.078415 ] }, { "date": "2026-05-29", "close": 12.0, "volume": 58266, "typical_volume": 440699.4, "trend": 10.757174, "fair_value": 8.714346, "relative_strength": 3.410492, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.433021, "energy": 66.143053, "activity_lines": [ 11.926667, 11.621415, 11.369585, 11.165802 ] }, { "date": "2026-06-05", "close": 12.8, "volume": 22947, "typical_volume": 431646.75, "trend": 10.892209, "fair_value": 8.75289, "relative_strength": 9.026833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.372596, "energy": 81.240578, "activity_lines": [ 12.273333, 11.878182, 11.513936, 11.297597 ] }, { "date": "2026-06-12", "close": 13.2, "volume": 6659, "typical_volume": 428115.15, "trend": 11.03234, "fair_value": 8.794452, "relative_strength": 11.391719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.589434, "energy": 88.366958, "activity_lines": [ 12.646667, 12.167273, 11.688626, 11.446487 ] }, { "date": "2026-06-19", "close": 13.4, "volume": 91111, "typical_volume": 425966.45, "trend": 11.175843, "fair_value": 8.837096, "relative_strength": 14.152936, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.967463, "energy": 90.247288, "activity_lines": [ 12.973333, 12.452727, 11.870347, 11.599239 ] }, { "date": "2026-06-26", "close": 13.2, "volume": 16459, "typical_volume": 412815.7, "trend": 11.296202, "fair_value": 8.877122, "relative_strength": 14.303217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.019574, "energy": 88.429286, "activity_lines": [ 13.12, 12.661818, 12.021936, 11.72983 ] }, { "date": "2026-07-03", "close": 13.9, "volume": 37888, "typical_volume": 407081.5, "trend": 11.426714, "fair_value": 8.922785, "relative_strength": 14.802092, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.996062, "energy": 93.732599, "activity_lines": [ 13.446667, 12.965455, 12.232411, 11.897817 ] }, { "date": "2026-07-10", "close": 14.2, "volume": 111553, "typical_volume": 406224.8, "trend": 11.56393, "fair_value": 8.970327, "relative_strength": 16.0416, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.477432, "energy": 93.90597, "activity_lines": [ 13.746667, 13.269091, 12.463171, 12.076738 ] }, { "date": "2026-07-17", "close": 13.9, "volume": 119750, "typical_volume": 398721.5, "trend": 11.691146, "fair_value": 9.014342, "relative_strength": 11.769437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.742888, "energy": 83.816963, "activity_lines": [ 13.853333, 13.463636, 12.654701, 12.227452 ] }, { "date": "2026-07-24", "close": 14.8, "volume": 94219, "typical_volume": 61594.8, "trend": 11.848363, "fair_value": 9.065543, "relative_strength": 18.084172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.702538, "energy": 89.166813, "activity_lines": [ 14.213333, 13.778182, 12.921774, 12.428024 ] }, { "date": "2026-07-31", "close": 14.5, "volume": 68049, "typical_volume": 61476.1, "trend": 11.995579, "fair_value": 9.113213, "relative_strength": 16.340077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.931614, "energy": 68.390255, "activity_lines": [ 14.38, 13.981818, 13.140641, 12.599097 ] }, { "date": "2026-08-07", "close": 14.3, "volume": 57361, "typical_volume": 63796.45, "trend": 12.129538, "fair_value": 9.158316, "relative_strength": 14.83483, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.708897, "energy": 64.915357, "activity_lines": [ 14.393333, 14.110909, 13.32037, 12.747769 ] } ], "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." } } }