{ "ticker": { "uuid": "83f3f3f9-4e6f-442c-805a-ff6fd64d67f0", "symbol": "NBOS", "name": "NEUBERGER OPTION STRATEGY ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 64.068, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.593, "architecture_energy": 77.548, "architecture_maturity": 33.819, "architecture_confidence": 75.71, "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": 4.02, "rotation_up": 74.69, "upward_expansion": 94.05, "deceleration": 41.6, "rotation_down": 16.8, "downward_expansion": 16.05 }, "activity_lines": [ 28.223623, 28.046301, 27.821094, 27.55564 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 28.54, "trend_reference": 27.239548, "distance_from_trend": 0.047741, "trend_direction": "Improving", "fair_value": 24.284073, "distance_from_fair_value": 0.175256, "fair_value_direction": "Improving", "relative_strength": -4.094013, "relative_strength_direction": "Improving", "price_momentum": 0.064708, "excess_performance": -0.060917, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.047741, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.023444, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.175256, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.023727, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.04094, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.001463, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.064708, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.12677, "read": "Demand-led" } ], "volume": { "latest": 1405201, "relative_activity": 3.848578, "balance": 3.12677, "dry_up": 1.748271, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.013723, "annualized_volatility": 0.078576, "from_high_reference": -0.00035, "from_low_reference": 0.161671 }, "levels": { "trend_reference": 27.239548, "fair_value_reference": 24.284073, "structural_low": 25.719244, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.015032, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.004045, "regime_survival": 0.916667, "best_return": 0.035515, "worst_return": -0.024941, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.0393, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.012093, "regime_survival": 1.0, "best_return": 0.045427, "worst_return": 0.02641, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.076649, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.031185, "regime_survival": 1.0, "best_return": 0.08859, "worst_return": 0.064708, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.15903, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.06795, "regime_survival": 1.0, "best_return": 0.15903, "worst_return": 0.15903, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2026-03-27", "tenure": "Extended", "return": 0.048944, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.021999, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.046499, "active": true } ], "chart_path": [ { "date": "2024-02-02", "close": 21.18875, "volume": 320968, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 21.275971, "volume": 536468, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 21.283915, "volume": 266836, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 21.402334, "volume": 70583, "typical_volume": null, "trend": null, "fair_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": 21.470522, "volume": 298472, "typical_volume": null, "trend": null, "fair_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": 21.51976, "volume": 536879, "typical_volume": null, "trend": null, "fair_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": 21.565273, "volume": 161578, "typical_volume": null, "trend": null, "fair_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": 21.755338, "volume": 122646, "typical_volume": null, "trend": null, "fair_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": 21.787138, "volume": 379453, "typical_volume": null, "trend": null, "fair_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": 21.74948, "volume": 903041, "typical_volume": null, "trend": null, "fair_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": 21.558848, "volume": 114846, "typical_volume": null, "trend": null, "fair_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": 21.120093, "volume": 468066, "typical_volume": null, "trend": null, "fair_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": 21.531985, "volume": 355541, "typical_volume": null, "trend": null, "fair_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": 21.659857, "volume": 237991, "typical_volume": null, "trend": null, "fair_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": 21.866382, "volume": 384968, "typical_volume": null, "trend": null, "fair_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": 21.891671, "volume": 371298, "typical_volume": null, "trend": null, "fair_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": 21.950678, "volume": 70651, "typical_volume": null, "trend": null, "fair_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": 21.959107, "volume": 134569, "typical_volume": null, "trend": null, "fair_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": 22.059235, "volume": 160659, "typical_volume": null, "trend": null, "fair_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": 22.161126, "volume": 46005, "typical_volume": null, "trend": null, "fair_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": 22.229052, "volume": 705085, "typical_volume": null, "trend": null, "fair_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": 22.339434, "volume": 271354, "typical_volume": null, "trend": null, "fair_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": 22.460556, "volume": 580303, "typical_volume": null, "trend": null, "fair_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": 22.596952, "volume": 50090, "typical_volume": null, "trend": null, "fair_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": 22.293801, "volume": 141421, "typical_volume": null, "trend": null, "fair_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": 22.199735, "volume": 58203, "typical_volume": null, "trend": null, "fair_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": 21.959188, "volume": 415187, "typical_volume": null, "trend": null, "fair_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": 22.002262, "volume": 119661, "typical_volume": null, "trend": null, "fair_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": 22.33824, "volume": 146746, "typical_volume": null, "trend": null, "fair_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": 22.398544, "volume": 235131, "typical_volume": null, "trend": null, "fair_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": 22.548959, "volume": 94569, "typical_volume": null, "trend": null, "fair_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": 22.028171, "volume": 53576, "typical_volume": null, "trend": null, "fair_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": 22.577762, "volume": 112236, "typical_volume": null, "trend": null, "fair_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": 22.825187, "volume": 105365, "typical_volume": null, "trend": null, "fair_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": 22.812174, "volume": 51887, "typical_volume": null, "trend": null, "fair_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": 22.910241, "volume": 52432, "typical_volume": null, "trend": null, "fair_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": 22.984483, "volume": 104378, "typical_volume": null, "trend": null, "fair_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": 23.100213, "volume": 89154, "typical_volume": null, "trend": null, "fair_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": 23.023787, "volume": 657947, "typical_volume": null, "trend": null, "fair_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": 22.911725, "volume": 86771, "typical_volume": null, "trend": null, "fair_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": 23.418518, "volume": 117058, "typical_volume": null, "trend": null, "fair_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": 23.201698, "volume": 274994, "typical_volume": null, "trend": null, "fair_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": 23.502046, "volume": 120095, "typical_volume": null, "trend": null, "fair_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": 23.642724, "volume": 169671, "typical_volume": null, "trend": null, "fair_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": 23.787468, "volume": 216347, "typical_volume": null, "trend": null, "fair_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": 23.791893, "volume": 55469, "typical_volume": null, "trend": null, "fair_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": 23.514607, "volume": 265183, "typical_volume": null, "trend": null, "fair_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": 23.710637, "volume": 149111, "typical_volume": null, "trend": null, "fair_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": 23.666084, "volume": 95978, "typical_volume": null, "trend": null, "fair_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": 23.35422, "volume": 98558, "typical_volume": null, "trend": null, "fair_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": 23.80874, "volume": 83598, "typical_volume": null, "trend": null, "fair_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": 23.99577, "volume": 222866, "typical_volume": null, "trend": null, "fair_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": 23.900837, "volume": 258118, "typical_volume": null, "trend": null, "fair_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": 23.95412, "volume": 70741, "typical_volume": null, "trend": null, "fair_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": 24.165637, "volume": 1240280, "typical_volume": null, "trend": null, "fair_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": 23.995203, "volume": 93304, "typical_volume": null, "trend": null, "fair_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": 24.038623, "volume": 1739222, "typical_volume": null, "trend": null, "fair_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": 23.478745, "volume": 202536, "typical_volume": null, "trend": null, "fair_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": 23.208468, "volume": 231948, "typical_volume": null, "trend": null, "fair_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": 23.358371, "volume": 132548, "typical_volume": null, "trend": null, "fair_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": 23.183223, "volume": 155788, "typical_volume": null, "trend": null, "fair_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": 21.466904, "volume": 520511, "typical_volume": null, "trend": null, "fair_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": 22.3267, "volume": 1288350, "typical_volume": null, "trend": null, "fair_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": 22.344881, "volume": 205229, "typical_volume": null, "trend": null, "fair_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": 22.699236, "volume": 377733, "typical_volume": null, "trend": null, "fair_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": 22.969192, "volume": 131299, "typical_volume": null, "trend": null, "fair_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": 23.042401, "volume": 105026, "typical_volume": null, "trend": null, "fair_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": 23.346125, "volume": 366945, "typical_volume": null, "trend": null, "fair_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": 23.143063, "volume": 74232, "typical_volume": null, "trend": null, "fair_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": 23.431715, "volume": 199918, "typical_volume": null, "trend": null, "fair_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": 23.680401, "volume": 879106, "typical_volume": null, "trend": null, "fair_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": 23.632322, "volume": 154621, "typical_volume": null, "trend": null, "fair_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": 23.712454, "volume": 88824, "typical_volume": null, "trend": null, "fair_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": 24.045132, "volume": 54448, "typical_volume": null, "trend": null, "fair_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": 24.152031, "volume": 136160, "typical_volume": null, "trend": null, "fair_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": 24.22166, "volume": 160527, "typical_volume": null, "trend": null, "fair_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": 24.291103, "volume": 90595, "typical_volume": null, "trend": null, "fair_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": 24.448717, "volume": 292757, "typical_volume": null, "trend": null, "fair_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": 24.250805, "volume": 216872, "typical_volume": null, "trend": null, "fair_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": 24.624038, "volume": 112448, "typical_volume": 280569.45, "trend": 23.563887, "fair_value": 22.822556, "relative_strength": -3.885305, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.686455, "energy": 88.703659, "activity_lines": [ 24.418228, 24.263239, 23.854873, 23.66091 ] }, { "date": "2025-08-15", "close": 24.670692, "volume": 76126, "typical_volume": 276586.35, "trend": 23.592619, "fair_value": 22.845372, "relative_strength": -4.527828, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.760004, "energy": 87.200473, "activity_lines": [ 24.519371, 24.365934, 23.971071, 23.732317 ] }, { "date": "2025-08-22", "close": 24.773331, "volume": 786225, "typical_volume": 289872.05, "trend": 23.618538, "fair_value": 22.868884, "relative_strength": -4.319051, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.997245, "energy": 82.604368, "activity_lines": [ 24.624791, 24.469286, 24.089962, 23.808492 ] }, { "date": "2025-08-29", "close": 24.813364, "volume": 576643, "typical_volume": 254286.7, "trend": 23.648955, "fair_value": 22.892311, "relative_strength": -4.032303, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.515376, "energy": 88.167525, "activity_lines": [ 24.711407, 24.559171, 24.196921, 23.885577 ] }, { "date": "2025-09-05", "close": 24.963634, "volume": 94493, "typical_volume": 248749.9, "trend": 23.682606, "fair_value": 22.91697, "relative_strength": -3.652868, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.054693, "energy": 87.834187, "activity_lines": [ 24.823803, 24.656362, 24.306349, 23.970395 ] }, { "date": "2025-09-12", "close": 25.099816, "volume": 54263, "typical_volume": 232576.4, "trend": 23.713745, "fair_value": 22.94265, "relative_strength": -4.51154, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.65486, "energy": 88.901952, "activity_lines": [ 24.934071, 24.761612, 24.416277, 24.061828 ] }, { "date": "2025-09-19", "close": 25.179647, "volume": 78692, "typical_volume": 229946.05, "trend": 23.753226, "fair_value": 22.968662, "relative_strength": -5.253327, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.99102, "energy": 86.590114, "activity_lines": [ 25.039231, 24.864145, 24.522377, 24.156403 ] }, { "date": "2025-09-26", "close": 25.212976, "volume": 83731, "typical_volume": 228881.3, "trend": 23.792372, "fair_value": 22.994459, "relative_strength": -4.752963, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.190513, "energy": 79.201039, "activity_lines": [ 25.12157, 24.95532, 24.621125, 24.25058 ] }, { "date": "2025-10-03", "close": 25.369848, "volume": 94994, "typical_volume": 215283.75, "trend": 23.855408, "fair_value": 23.021452, "relative_strength": -5.101962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.074332, "energy": 78.671395, "activity_lines": [ 25.22689, 25.058256, 24.724477, 24.352353 ] }, { "date": "2025-10-10", "close": 25.050811, "volume": 199213, "typical_volume": 221532.8, "trend": 23.91682, "fair_value": 23.044253, "relative_strength": -3.890012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.928543, "energy": 65.349006, "activity_lines": [ 25.188766, 25.086437, 24.787808, 24.429475 ] }, { "date": "2025-10-17", "close": 25.383078, "volume": 74269, "typical_volume": 215250.35, "trend": 23.98431, "fair_value": 23.07024, "relative_strength": -4.199268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.944893, "energy": 67.474421, "activity_lines": [ 25.255585, 25.160484, 24.873699, 24.524073 ] }, { "date": "2025-10-24", "close": 25.742183, "volume": 1614562, "typical_volume": 252023.15, "trend": 24.069609, "fair_value": 23.099602, "relative_strength": -4.58602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.309944, "energy": 72.423253, "activity_lines": [ 25.423222, 25.286023, 24.984498, 24.637484 ] }, { "date": "2025-10-31", "close": 25.818716, "volume": 210246, "typical_volume": 254804.4, "trend": 24.214669, "fair_value": 23.129158, "relative_strength": -4.8507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.610313, "energy": 72.255076, "activity_lines": [ 25.578868, 25.405995, 25.092768, 24.75033 ] }, { "date": "2025-11-07", "close": 25.742638, "volume": 168792, "typical_volume": 258802.8, "trend": 24.328534, "fair_value": 23.15726, "relative_strength": -3.504429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.47237, "energy": 73.641899, "activity_lines": [ 25.668771, 25.493128, 25.183381, 24.848908 ] }, { "date": "2025-11-14", "close": 25.719625, "volume": 113330, "typical_volume": 261746.9, "trend": 24.441025, "fair_value": 23.184519, "relative_strength": -3.643958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.709822, "energy": 65.558534, "activity_lines": [ 25.726151, 25.559181, 25.262134, 24.938656 ] }, { "date": "2025-11-21", "close": 25.428154, "volume": 206251, "typical_volume": 265251.45, "trend": 24.531989, "fair_value": 23.208136, "relative_strength": -2.80726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.7683, "energy": 54.886352, "activity_lines": [ 25.641787, 25.558494, 25.305155, 25.002342 ] }, { "date": "2025-11-28", "close": 25.939613, "volume": 89116, "typical_volume": 261680.9, "trend": 24.631003, "fair_value": 23.236589, "relative_strength": -4.305152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.182244, "energy": 54.948381, "activity_lines": [ 25.724903, 25.644829, 25.39081, 25.093156 ] }, { "date": "2025-12-05", "close": 25.953969, "volume": 170684, "typical_volume": 265685.35, "trend": 24.728055, "fair_value": 23.264603, "relative_strength": -4.491889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.342685, "energy": 53.99479, "activity_lines": [ 25.799643, 25.719957, 25.469651, 25.178509 ] }, { "date": "2025-12-12", "close": 26.030529, "volume": 158971, "typical_volume": 258996.05, "trend": 24.817536, "fair_value": 23.292827, "relative_strength": -3.579735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.407384, "energy": 53.753643, "activity_lines": [ 25.890886, 25.795533, 25.547864, 25.262539 ] }, { "date": "2025-12-19", "close": 26.253807, "volume": 217117, "typical_volume": 259008.3, "trend": 24.921227, "fair_value": 23.322736, "relative_strength": -2.791458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.468001, "energy": 59.080104, "activity_lines": [ 26.037363, 25.899692, 25.63981, 25.355202 ] }, { "date": "2025-12-26", "close": 26.418014, "volume": 125149, "typical_volume": 259643.35, "trend": 25.02077, "fair_value": 23.353689, "relative_strength": -3.465063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.185966, "energy": 69.352666, "activity_lines": [ 26.202962, 26.011834, 25.737857, 25.451769 ] }, { "date": "2026-01-02", "close": 26.427673, "volume": 87824, "typical_volume": 260228.25, "trend": 25.112346, "fair_value": 23.384124, "relative_strength": -2.33691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.46989, "energy": 64.917141, "activity_lines": [ 26.305791, 26.106916, 25.828281, 25.542537 ] }, { "date": "2026-01-09", "close": 26.514606, "volume": 146048, "typical_volume": 228219.4, "trend": 25.208422, "fair_value": 23.414815, "relative_strength": -3.437175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.45501, "energy": 69.230185, "activity_lines": [ 26.40506, 26.20534, 25.918618, 25.633005 ] }, { "date": "2026-01-16", "close": 26.533925, "volume": 845380, "typical_volume": 241656.25, "trend": 25.302471, "fair_value": 23.445098, "relative_strength": -2.938308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.330488, "energy": 62.788258, "activity_lines": [ 26.473394, 26.294624, 26.002502, 25.718522 ] }, { "date": "2026-01-23", "close": 26.572562, "volume": 289880, "typical_volume": 251425.6, "trend": 25.386719, "fair_value": 23.47517, "relative_strength": -2.388877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.987509, "energy": 55.947135, "activity_lines": [ 26.521046, 26.376546, 26.081874, 25.800463 ] }, { "date": "2026-01-30", "close": 26.747096, "volume": 197734, "typical_volume": 258599.15, "trend": 25.473221, "fair_value": 23.506331, "relative_strength": -2.064046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.120417, "energy": 56.449024, "activity_lines": [ 26.605626, 26.474693, 26.170206, 25.888229 ] }, { "date": "2026-02-06", "close": 26.805475, "volume": 314229, "typical_volume": 270376.0, "trend": 25.559348, "fair_value": 23.537455, "relative_strength": -1.585273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.555738, "energy": 55.159896, "activity_lines": [ 26.687727, 26.559474, 26.256254, 25.974181 ] }, { "date": "2026-02-13", "close": 26.581691, "volume": 149209, "typical_volume": 273649.9, "trend": 25.635701, "fair_value": 23.565906, "relative_strength": -1.083645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.056184, "energy": 49.253649, "activity_lines": [ 26.670046, 26.587824, 26.313247, 26.040139 ] }, { "date": "2026-02-20", "close": 26.91367, "volume": 65810, "typical_volume": 272190.7, "trend": 25.717866, "fair_value": 23.596904, "relative_strength": -0.894948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.292354, "energy": 54.514189, "activity_lines": [ 26.758553, 26.665121, 26.395339, 26.122588 ] }, { "date": "2026-02-27", "close": 26.992749, "volume": 226823, "typical_volume": 273571.2, "trend": 25.809264, "fair_value": 23.628058, "relative_strength": -0.028107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.480771, "energy": 56.241022, "activity_lines": [ 26.848103, 26.740739, 26.477611, 26.204839 ] }, { "date": "2026-03-06", "close": 26.751778, "volume": 106105, "typical_volume": 275163.0, "trend": 25.880189, "fair_value": 23.656456, "relative_strength": 1.156999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.436809, "energy": 45.785735, "activity_lines": [ 26.829317, 26.759108, 26.527686, 26.265646 ] }, { "date": "2026-03-13", "close": 26.428523, "volume": 124367, "typical_volume": 200653.25, "trend": 25.938783, "fair_value": 23.681429, "relative_strength": 1.547284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.961521, "energy": 33.341986, "activity_lines": [ 26.702467, 26.712636, 26.540458, 26.301023 ] }, { "date": "2026-03-20", "close": 26.242407, "volume": 101951, "typical_volume": 195238.5, "trend": 25.987753, "fair_value": 23.704295, "relative_strength": 2.752408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.66662, "energy": 17.677957, "activity_lines": [ 26.538709, 26.632308, 26.532235, 26.320611 ] }, { "date": "2026-03-27", "close": 25.829243, "volume": 150951, "typical_volume": 194346.45, "trend": 26.021615, "fair_value": 23.7231, "relative_strength": 3.518281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -5.385217, "energy": 15.850793, "activity_lines": [ 26.259848, 26.481809, 26.482647, 26.310385 ] }, { "date": "2026-04-03", "close": 26.520713, "volume": 113857, "typical_volume": 194372.8, "trend": 26.073518, "fair_value": 23.74764, "relative_strength": 2.893605, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.749726, "energy": 17.83791, "activity_lines": [ 26.283772, 26.469844, 26.4985, 26.342585 ] }, { "date": "2026-04-10", "close": 26.962291, "volume": 280433, "typical_volume": 198081.9, "trend": 26.1356, "fair_value": 23.775594, "relative_strength": 1.098088, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.809737, "energy": 17.382866, "activity_lines": [ 26.486358, 26.539109, 26.552593, 26.399925 ] }, { "date": "2026-04-17", "close": 27.174398, "volume": 56598, "typical_volume": 196456.0, "trend": 26.202092, "fair_value": 23.804894, "relative_strength": -2.285173, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.048146, "energy": 31.558766, "activity_lines": [ 26.745612, 26.643026, 26.619582, 26.466944 ] }, { "date": "2026-04-24", "close": 27.104144, "volume": 193462, "typical_volume": 197594.9, "trend": 26.265131, "fair_value": 23.833093, "relative_strength": -2.878551, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.776404, "energy": 53.09178, "activity_lines": [ 26.931724, 26.727462, 26.674, 26.525141 ] }, { "date": "2026-05-01", "close": 27.27189, "volume": 157064, "typical_volume": 197499.55, "trend": 26.328532, "fair_value": 23.862235, "relative_strength": -3.037173, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.839443, "energy": 65.027584, "activity_lines": [ 27.116301, 26.832898, 26.738916, 26.590093 ] }, { "date": "2026-05-08", "close": 27.513396, "volume": 152923, "typical_volume": 194289.85, "trend": 26.410619, "fair_value": 23.892917, "relative_strength": -4.240361, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.471685, "energy": 72.703072, "activity_lines": [ 27.285204, 26.975732, 26.820922, 26.666536 ] }, { "date": "2026-05-15", "close": 27.533119, "volume": 531636, "typical_volume": 214614.2, "trend": 26.482287, "fair_value": 23.923252, "relative_strength": -4.254865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.122828, "energy": 72.412438, "activity_lines": [ 27.394502, 27.112684, 26.898809, 26.738955 ] }, { "date": "2026-05-22", "close": 27.656387, "volume": 256632, "typical_volume": 223054.6, "trend": 26.546093, "fair_value": 23.954104, "relative_strength": -4.503487, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.1914, "energy": 72.069722, "activity_lines": [ 27.506835, 27.257843, 26.983125, 26.814704 ] }, { "date": "2026-05-29", "close": 27.90336, "volume": 721585, "typical_volume": 251831.45, "trend": 26.615582, "fair_value": 23.986475, "relative_strength": -4.87468, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.883356, "energy": 75.128837, "activity_lines": [ 27.669359, 27.425582, 27.085111, 26.902269 ] }, { "date": "2026-06-05", "close": 27.534162, "volume": 151499, "typical_volume": 217137.4, "trend": 26.675299, "fair_value": 24.015318, "relative_strength": -3.597646, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.259152, "energy": 61.053173, "activity_lines": [ 27.655536, 27.495994, 27.145323, 26.961533 ] }, { "date": "2026-06-12", "close": 27.713697, "volume": 825306, "typical_volume": 243908.7, "trend": 26.741768, "fair_value": 24.045144, "relative_strength": -3.390062, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.868517, "energy": 51.368486, "activity_lines": [ 27.684074, 27.568051, 27.21787, 27.028526 ] }, { "date": "2026-06-19", "close": 27.935136, "volume": 111272, "typical_volume": 239585.6, "trend": 26.825334, "fair_value": 24.076264, "relative_strength": -3.374266, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.730044, "energy": 56.506635, "activity_lines": [ 27.773071, 27.658678, 27.306072, 27.105517 ] }, { "date": "2026-06-26", "close": 27.397898, "volume": 468718, "typical_volume": 247310.05, "trend": 26.873944, "fair_value": 24.102626, "relative_strength": -2.830835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.721639, "energy": 40.464383, "activity_lines": [ 27.656187, 27.633938, 27.337452, 27.142457 ] }, { "date": "2026-07-03", "close": 27.834992, "volume": 186070, "typical_volume": 249153.1, "trend": 26.936644, "fair_value": 24.132015, "relative_strength": -3.293008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.183722, "energy": 45.646289, "activity_lines": [ 27.702234, 27.684606, 27.407639, 27.20446 ] }, { "date": "2026-07-10", "close": 28.063474, "volume": 391107, "typical_volume": 265417.95, "trend": 27.004409, "fair_value": 24.162729, "relative_strength": -3.712155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.615027, "energy": 57.027263, "activity_lines": [ 27.829, 27.763528, 27.493617, 27.277159 ] }, { "date": "2026-07-17", "close": 27.993936, "volume": 730458, "typical_volume": 290599.7, "trend": 27.062413, "fair_value": 24.192429, "relative_strength": -2.372453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.30762, "energy": 52.346926, "activity_lines": [ 27.897299, 27.815414, 27.567498, 27.340999 ] }, { "date": "2026-07-24", "close": 27.934332, "volume": 151021, "typical_volume": 292845.5, "trend": 27.112957, "fair_value": 24.221212, "relative_strength": -1.956852, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.24139, "energy": 62.595261, "activity_lines": [ 27.927047, 27.847726, 27.630935, 27.397252 ] }, { "date": "2026-07-31", "close": 28.2, "volume": 266649, "typical_volume": 299959.6, "trend": 27.172035, "fair_value": 24.251585, "relative_strength": -2.015129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.861279, "energy": 68.968306, "activity_lines": [ 28.045405, 27.921046, 27.714042, 27.467384 ] }, { "date": "2026-08-07", "close": 28.54, "volume": 1405201, "typical_volume": 365122.1, "trend": 27.239548, "fair_value": 24.284073, "relative_strength": -4.094013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.5925, "energy": 77.548461, "activity_lines": [ 28.223623, 28.046301, 27.821094, 27.55564 ] } ], "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." } } }