{ "ticker": { "uuid": "7eaab9c8-3600-4693-8e9b-83c787cf5be1", "symbol": "XWOS", "name": "Xtrackers MSCI World Swap UCITS ETF 1D USD", "exchange": "LSE", "country": "GB", "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": "^FTSE", "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": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.275, "architecture_energy": 61.19, "architecture_maturity": 100.0, "architecture_confidence": 69.692, "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": 27.16, "rotation_up": 51.26, "upward_expansion": 80.99, "deceleration": 71.46, "rotation_down": 29.01, "downward_expansion": 9.99 }, "activity_lines": [ 22.174166, 22.114363, 21.879019, 21.482957 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 22.674999, "trend_reference": 21.01071, "distance_from_trend": 0.079211, "trend_direction": "Improving", "fair_value": 18.875204, "distance_from_fair_value": 0.201311, "fair_value_direction": "Improving", "relative_strength": 2.750658, "relative_strength_direction": "Weakening", "price_momentum": 0.128398, "excess_performance": 0.077162, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.079211, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035148, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.201311, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.048257, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.027507, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.010172, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.128398, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.914584, "read": "Demand-led" } ], "volume": { "latest": 42553, "relative_activity": 2.245114, "balance": 7.914584, "dry_up": 0.629656, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.01665, "annualized_volatility": 0.114822, "from_high_reference": -0.002059, "from_low_reference": 0.231168 }, "levels": { "trend_reference": 21.01071, "fair_value_reference": 18.875204, "structural_low": 19.171, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": 0.002391, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.011867, "regime_survival": 1.0, "best_return": 0.057503, "worst_return": -0.021426, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.083035, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.074935, "regime_survival": 1.0, "best_return": 0.083035, "worst_return": 0.083035, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-08-07", "tenure": "Established", "return": 0.120722, "active": true } ], "chart_path": [ { "date": "2024-08-30", "close": 16.380653, "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": "2024-09-06", "close": 15.829067, "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": "2024-09-13", "close": 16.379677, "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": "2024-09-20", "close": 16.368938, "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": 16.485115, "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": "2024-10-04", "close": 16.670603, "volume": 240, "typical_volume": null, "trend": null, "fair_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": 16.931267, "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": "2024-10-18", "close": 17.071844, "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": "2024-10-25", "close": 17.012293, "volume": 65836, "typical_volume": null, "trend": null, "fair_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": 16.837543, "volume": 2000, "typical_volume": null, "trend": null, "fair_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": 17.398893, "volume": 837, "typical_volume": null, "trend": null, "fair_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": 17.464302, "volume": 29497, "typical_volume": null, "trend": null, "fair_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": 17.845043, "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": "2024-11-29", "close": 17.818686, "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": "2024-12-06", "close": 17.974886, "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": "2024-12-13", "close": 17.948526, "volume": 1704, "typical_volume": null, "trend": null, "fair_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": 17.653696, "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": "2024-12-27", "close": 17.697628, "volume": 723, "typical_volume": null, "trend": null, "fair_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": 17.847973, "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": "2025-01-10", "close": 17.889952, "volume": 20804, "typical_volume": null, "trend": null, "fair_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": 18.466923, "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": "2025-01-24", "close": 18.421036, "volume": 2300, "typical_volume": null, "trend": null, "fair_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": 18.524521, "volume": 713, "typical_volume": null, "trend": null, "fair_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": 18.389795, "volume": 7243, "typical_volume": null, "trend": null, "fair_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": 18.405416, "volume": 5410, "typical_volume": null, "trend": null, "fair_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": 18.255169, "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": "2025-02-28", "close": 17.81942, "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": "2025-03-07", "close": 17.04924, "volume": 406, "typical_volume": null, "trend": null, "fair_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": 16.86235, "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": "2025-03-21", "close": 16.96563, "volume": 5635, "typical_volume": null, "trend": null, "fair_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": 16.771858, "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": "2025-04-04", "close": 16.124628, "volume": 2291, "typical_volume": null, "trend": null, "fair_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": 15.613142, "volume": 12280, "typical_volume": null, "trend": null, "fair_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": 15.673143, "volume": 10390, "typical_volume": null, "trend": null, "fair_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": 16.17086, "volume": 781, "typical_volume": null, "trend": null, "fair_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": 16.698084, "volume": 2193, "typical_volume": null, "trend": null, "fair_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": 16.703003, "volume": 17020, "typical_volume": null, "trend": null, "fair_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": 17.375805, "volume": 33, "typical_volume": null, "trend": null, "fair_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": 16.849562, "volume": 50524, "typical_volume": null, "trend": null, "fair_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": 17.130882, "volume": 31963, "typical_volume": null, "trend": null, "fair_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": 17.355148, "volume": 4011, "typical_volume": null, "trend": null, "fair_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": 17.303999, "volume": 37171, "typical_volume": null, "trend": null, "fair_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": 17.310886, "volume": 48441, "typical_volume": null, "trend": null, "fair_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": 17.571548, "volume": 32039, "typical_volume": null, "trend": null, "fair_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": 17.796799, "volume": 22313, "typical_volume": null, "trend": null, "fair_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": 17.982704, "volume": 885, "typical_volume": null, "trend": null, "fair_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": 18.15484, "volume": 229, "typical_volume": null, "trend": null, "fair_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": 18.42337, "volume": 49882, "typical_volume": null, "trend": null, "fair_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": 18.196152, "volume": 26431, "typical_volume": null, "trend": null, "fair_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": 18.424355, "volume": 42, "typical_volume": null, "trend": null, "fair_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": 18.498125, "volume": 5543, "typical_volume": null, "trend": null, "fair_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": 18.670219, "volume": 4115, "typical_volume": null, "trend": null, "fair_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": 18.597797, "volume": 1, "typical_volume": null, "trend": null, "fair_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": 18.62359, "volume": 1114, "typical_volume": null, "trend": null, "fair_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": 18.893442, "volume": 654, "typical_volume": null, "trend": null, "fair_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": 19.128567, "volume": 41779, "typical_volume": null, "trend": null, "fair_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": 19.175196, "volume": 12366, "typical_volume": null, "trend": null, "fair_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": 19.473816, "volume": 5234, "typical_volume": null, "trend": null, "fair_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": 19.295238, "volume": 16047, "typical_volume": null, "trend": null, "fair_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": 19.254564, "volume": 1, "typical_volume": null, "trend": null, "fair_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": 19.632551, "volume": 12736, "typical_volume": null, "trend": null, "fair_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": 20.144472, "volume": 1249, "typical_volume": null, "trend": null, "fair_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": 19.623623, "volume": 4, "typical_volume": null, "trend": null, "fair_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": 19.988216, "volume": 109, "typical_volume": null, "trend": null, "fair_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": 19.512506, "volume": 168, "typical_volume": null, "trend": null, "fair_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": 20.035341, "volume": 1510, "typical_volume": null, "trend": null, "fair_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": 20.040302, "volume": 8044, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-12", "close": 19.911329, "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": "2025-12-19", "close": 19.955975, "volume": 36, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-26", "close": 19.963413, "volume": 1253, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-02", "close": 19.889008, "volume": 1743, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-09", "close": 20.345371, "volume": 4568, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-16", "close": 20.419779, "volume": 8, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-23", "close": 20.072546, "volume": 737, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-30", "close": 19.941093, "volume": 423, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-06", "close": 20.094866, "volume": 833, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-13", "close": 20.075026, "volume": 5, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-20", "close": 20.385, "volume": 334, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-27", "close": 20.487499, "volume": 3, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-06", "close": 20.2325, "volume": 17, "typical_volume": 1689.0, "trend": 19.678699, "fair_value": 18.208223, "relative_strength": -1.476484, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.757433, "energy": 59.47616, "activity_lines": [ 20.300828, 20.231302, 20.130852, 19.971113 ] }, { "date": "2026-03-13", "close": 19.874001, "volume": 1196, "typical_volume": 1112.0, "trend": 19.724562, "fair_value": 18.228788, "relative_strength": -2.984138, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.859744, "energy": 31.599292, "activity_lines": [ 20.173835, 20.173071, 20.115279, 19.983713 ] }, { "date": "2026-03-20", "close": 19.438999, "volume": 115, "typical_volume": 1055.3, "trend": 19.750188, "fair_value": 18.243547, "relative_strength": -1.824913, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": -12.29398, "energy": 14.533904, "activity_lines": [ 19.916566, 20.036022, 20.057127, 19.96529 ] }, { "date": "2026-03-27", "close": 19.171, "volume": 4769, "typical_volume": 1293.55, "trend": 19.769294, "fair_value": 18.254721, "relative_strength": -3.64277, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -43.714431, "energy": 44.378041, "activity_lines": [ 19.612367, 19.866726, 19.976811, 19.927923 ] }, { "date": "2026-04-03", "close": 19.799, "volume": 17230, "typical_volume": 2149.6, "trend": 19.808475, "fair_value": 18.273105, "relative_strength": -4.861479, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -21.972114, "energy": 36.977352, "activity_lines": [ 19.598433, 19.834316, 19.95846, 19.92984 ] }, { "date": "2026-04-10", "close": 20.2425, "volume": 193207, "typical_volume": 11801.55, "trend": 19.853443, "fair_value": 18.296274, "relative_strength": -4.190085, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -0.675724, "energy": 20.265205, "activity_lines": [ 19.778233, 19.887517, 19.983247, 19.957841 ] }, { "date": "2026-04-17", "close": 20.879999, "volume": 76, "typical_volume": 11729.85, "trend": 19.911824, "fair_value": 18.326318, "relative_strength": -1.85445, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.30209, "energy": 29.797454, "activity_lines": [ 20.169866, 20.051146, 20.065273, 20.024071 ] }, { "date": "2026-04-24", "close": 20.815001, "volume": 14232, "typical_volume": 12039.25, "trend": 19.966484, "fair_value": 18.354923, "relative_strength": 0.478353, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.935669, "energy": 56.125534, "activity_lines": [ 20.472767, 20.188682, 20.137087, 20.08234 ] }, { "date": "2026-05-01", "close": 20.9375, "volume": 17770, "typical_volume": 12927.75, "trend": 20.015274, "fair_value": 18.384271, "relative_strength": 1.142106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.684143, "energy": 79.516585, "activity_lines": [ 20.724767, 20.335036, 20.216878, 20.144986 ] }, { "date": "2026-05-08", "close": 21.235001, "volume": 494, "typical_volume": 12950.65, "trend": 20.079933, "fair_value": 18.416301, "relative_strength": 3.767873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.026256, "energy": 90.061839, "activity_lines": [ 20.958167, 20.525437, 20.320115, 20.223678 ] }, { "date": "2026-05-15", "close": 21.717501, "volume": 64450, "typical_volume": 16110.5, "trend": 20.162031, "fair_value": 18.452981, "relative_strength": 6.385748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.883701, "energy": 95.72499, "activity_lines": [ 21.256667, 20.789973, 20.463215, 20.329328 ] }, { "date": "2026-05-22", "close": 21.8225, "volume": 500, "typical_volume": 16048.35, "trend": 20.235029, "fair_value": 18.490009, "relative_strength": 3.981108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.103409, "energy": 94.675371, "activity_lines": [ 21.491834, 21.0466, 20.607962, 20.436455 ] }, { "date": "2026-05-29", "close": 22.012501, "volume": 7908, "typical_volume": 16215.35, "trend": 20.297297, "fair_value": 18.528297, "relative_strength": 5.297306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.242532, "energy": 94.161043, "activity_lines": [ 21.727501, 21.302346, 20.761597, 20.551131 ] }, { "date": "2026-06-05", "close": 21.9125, "volume": 2, "typical_volume": 16215.05, "trend": 20.373592, "fair_value": 18.564686, "relative_strength": 5.084801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.605059, "energy": 89.975945, "activity_lines": [ 21.85, 21.493119, 20.897769, 20.655337 ] }, { "date": "2026-06-12", "close": 21.834999, "volume": 93, "typical_volume": 16182.85, "trend": 20.435152, "fair_value": 18.599477, "relative_strength": 3.548429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.181413, "energy": 86.630755, "activity_lines": [ 21.881667, 21.619955, 21.019452, 20.749622 ] }, { "date": "2026-06-19", "close": 22.272499, "volume": 148, "typical_volume": 16169.1, "trend": 20.527152, "fair_value": 18.63814, "relative_strength": 6.548566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.808626, "energy": 90.344601, "activity_lines": [ 22.019166, 21.789318, 21.174409, 20.86816 ] }, { "date": "2026-06-26", "close": 21.959999, "volume": 62, "typical_volume": 16130.55, "trend": 20.591307, "fair_value": 18.672743, "relative_strength": 3.515366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.236891, "energy": 69.161574, "activity_lines": [ 22.015499, 21.864954, 21.288502, 20.960602 ] }, { "date": "2026-07-03", "close": 22.174999, "volume": 13, "typical_volume": 16130.95, "trend": 20.662463, "fair_value": 18.708849, "relative_strength": 2.796888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.723619, "energy": 71.254303, "activity_lines": [ 22.074332, 21.960045, 21.41419, 21.062776 ] }, { "date": "2026-07-10", "close": 22.125, "volume": 10381, "typical_volume": 16633.3, "trend": 20.736252, "fair_value": 18.743707, "relative_strength": 4.244717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.646271, "energy": 66.32195, "activity_lines": [ 22.105666, 22.021318, 21.525117, 21.157133 ] }, { "date": "2026-07-17", "close": 21.862499, "volume": 663, "typical_volume": 16666.3, "trend": 20.799803, "fair_value": 18.77521, "relative_strength": 1.963911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.207961, "energy": 61.608164, "activity_lines": [ 22.035333, 22.013272, 21.602757, 21.229794 ] }, { "date": "2026-07-24", "close": 22.012501, "volume": 994, "typical_volume": 16715.15, "trend": 20.868106, "fair_value": 18.807583, "relative_strength": 1.335773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.09947, "energy": 56.225302, "activity_lines": [ 22.013167, 22.021091, 21.688136, 21.308032 ] }, { "date": "2026-07-31", "close": 21.8375, "volume": 3527, "typical_volume": 16831.7, "trend": 20.933056, "fair_value": 18.837582, "relative_strength": -0.692588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.305663, "energy": 45.550694, "activity_lines": [ 21.95, 21.991727, 21.748371, 21.370574 ] }, { "date": "2026-08-07", "close": 22.674999, "volume": 42553, "typical_volume": 18953.6, "trend": 21.01071, "fair_value": 18.875204, "relative_strength": 2.750658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.27469, "energy": 61.190341, "activity_lines": [ 22.174166, 22.114363, 21.879019, 21.482957 ] } ], "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." } } }