{ "ticker": { "uuid": "78f84532-3429-4ea2-b976-be81fc7458df", "symbol": "FESM", "name": "FIDELITY ENHANCED SMALL CAP CORE 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. 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46.875194, 45.381986, 43.8929 ] }, { "date": "2026-07-31", "close": 46.63, "volume": 4154744, "typical_volume": 3415126.9, "trend": 42.480541, "fair_value": 33.58563, "relative_strength": 7.805199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.191233, "energy": 51.482804, "activity_lines": [ 46.956, 46.916832, 45.678284, 44.179436 ] }, { "date": "2026-08-07", "close": 48.32, "volume": 5864735, "typical_volume": 3576596.8, "trend": 42.774327, "fair_value": 33.689393, "relative_strength": 7.557197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.232144, "energy": 55.266039, "activity_lines": [ 47.35, 47.230672, 46.091377, 44.556175 ] } ], "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." } } }