{ "ticker": { "uuid": "86f8d0f4-2394-458a-bb65-199a9e9ddc59", "symbol": "METU", "name": "DIREXION DAILY META BULL 2X SHARES", "exchange": "NASDAQ", "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": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -50.673, "architecture_energy": 29.978, "architecture_maturity": 84.542, "architecture_confidence": 93.262, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 34.04, "rotation_up": 24.61, "upward_expansion": 7.54, "deceleration": 43.98, "rotation_down": 46.85, "downward_expansion": 73.87 }, "activity_lines": [ 21.964, 22.276409, 23.200123, 24.134769 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": -0.166667 }, "latest_close": 21.42, "trend_reference": 25.783264, "distance_from_trend": -0.169229, "trend_direction": "Weakening", "fair_value": 31.858241, "distance_from_fair_value": -0.327647, "fair_value_direction": "Weakening", "relative_strength": -39.368194, "relative_strength_direction": "Improving", "price_momentum": -0.310245, "excess_performance": -0.497699, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.169229, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.095698, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.327647, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.070316, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.393682, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.023705, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.310245, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.944373, "read": "Supply-led" } ], "volume": { "latest": 24063498, "relative_activity": 0.937407, "balance": 0.944373, "dry_up": 0.939083, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.19245, "annualized_volatility": 0.914523, "from_high_reference": -0.572073, "from_low_reference": 0.271217 }, "levels": { "trend_reference": 25.783264, "fair_value_reference": 31.858241, "structural_low": 16.85, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.008722, "positive_rate": 0.5, "directional_follow_through": 0.375, "median_excess_return": -0.036854, "regime_survival": 1.0, "best_return": 0.141006, "worst_return": -0.263037, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.174626, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.266593, "regime_survival": 1.0, "best_return": -0.138586, "worst_return": -0.210666, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": -0.320056, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.497281, "regime_survival": 1.0, "best_return": -0.320056, "worst_return": -0.320056, "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": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-08-07", "tenure": "Extended", "return": -0.298213, "active": true } ], "chart_path": [ { "date": "2024-06-07", "close": 25.41374, "volume": 27077, "typical_volume": null, "trend": null, "fair_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": 26.531378, "volume": 209276, "typical_volume": null, "trend": null, "fair_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": 25.443791, "volume": 159305, "typical_volume": null, "trend": null, "fair_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": 26.330508, "volume": 1261417, "typical_volume": null, "trend": null, "fair_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": 30.044274, "volume": 493211, "typical_volume": null, "trend": null, "fair_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": 25.461735, "volume": 863251, "typical_volume": null, "trend": null, "fair_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": 23.180012, "volume": 1230089, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 21.833891, "volume": 1111913, "typical_volume": null, "trend": null, "fair_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": 23.953316, "volume": 2231197, "typical_volume": null, "trend": null, "fair_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": 26.779215, "volume": 1188717, "typical_volume": null, "trend": null, "fair_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": 27.724364, "volume": 1266705, "typical_volume": null, "trend": null, "fair_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": 27.695723, "volume": 984002, "typical_volume": null, "trend": null, "fair_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": 26.989248, "volume": 783931, "typical_volume": null, "trend": null, "fair_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": 24.726619, "volume": 464046, "typical_volume": null, "trend": null, "fair_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": 27.132452, "volume": 594628, "typical_volume": null, "trend": null, "fair_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": 31.027611, "volume": 1124511, "typical_volume": null, "trend": null, "fair_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": 31.620049, "volume": 1009569, "typical_volume": null, "trend": null, "fair_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": 34.788776, "volume": 1031255, "typical_volume": null, "trend": null, "fair_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": 34.020599, "volume": 995650, "typical_volume": null, "trend": null, "fair_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": 32.388225, "volume": 956553, "typical_volume": null, "trend": null, "fair_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": 31.936922, "volume": 975770, "typical_volume": null, "trend": null, "fair_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": 31.082326, "volume": 3461223, "typical_volume": null, "trend": null, "fair_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": 33.434865, "volume": 1669189, "typical_volume": null, "trend": null, "fair_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": 29.430747, "volume": 1751372, "typical_volume": null, "trend": null, "fair_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": 29.901255, "volume": 884127, "typical_volume": null, "trend": null, "fair_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": 31.485618, "volume": 685687, "typical_volume": null, "trend": null, "fair_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": 36.891658, "volume": 1897837, "typical_volume": null, "trend": null, "fair_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": 36.411548, "volume": 1195761, "typical_volume": null, "trend": null, "fair_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": 32.205783, "volume": 1897325, "typical_volume": null, "trend": null, "fair_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": 33.834727, "volume": 930701, "typical_volume": null, "trend": null, "fair_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": 34.240976, "volume": 1235494, "typical_volume": null, "trend": null, "fair_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": 35.392014, "volume": 1999903, "typical_volume": null, "trend": null, "fair_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": 34.850349, "volume": 2007546, "typical_volume": null, "trend": null, "fair_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": 38.816112, "volume": 2162355, "typical_volume": null, "trend": null, "fair_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": 43.778151, "volume": 6656806, "typical_volume": null, "trend": null, "fair_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": 47.01847, "volume": 2947056, "typical_volume": null, "trend": null, "fair_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": 49.852539, "volume": 2098661, "typical_volume": null, "trend": null, "fair_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": 42.743184, "volume": 2112675, "typical_volume": null, "trend": null, "fair_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": 40.682922, "volume": 2480742, "typical_volume": null, "trend": null, "fair_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": 35.421032, "volume": 3225753, "typical_volume": null, "trend": null, "fair_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": 33.215681, "volume": 3430663, "typical_volume": null, "trend": null, "fair_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": 31.851845, "volume": 3515145, "typical_volume": null, "trend": null, "fair_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": 29.594948, "volume": 3407175, "typical_volume": null, "trend": null, "fair_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": 22.32499, "volume": 5111018, "typical_volume": null, "trend": null, "fair_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": 25.211591, "volume": 6366823, "typical_volume": null, "trend": null, "fair_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": 21.391948, "volume": 5024206, "typical_volume": null, "trend": null, "fair_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": 25.289345, "volume": 5515844, "typical_volume": null, "trend": null, "fair_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": 29.944839, "volume": 12687745, "typical_volume": null, "trend": null, "fair_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": 29.361688, "volume": 5258869, "typical_volume": null, "trend": null, "fair_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": 34.007463, "volume": 5798968, "typical_volume": null, "trend": null, "fair_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": 32.520426, "volume": 2416075, "typical_volume": null, "trend": null, "fair_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": 34.542018, "volume": 1598497, "typical_volume": null, "trend": null, "fair_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": 39.975048, "volume": 4528641, "typical_volume": null, "trend": null, "fair_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": 38.186716, "volume": 2098135, "typical_volume": null, "trend": null, "fair_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": 38.060367, "volume": 2192794, "typical_volume": null, "trend": null, "fair_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": 43.81789, "volume": 3021602, "typical_volume": null, "trend": null, "fair_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": 41.979924, "volume": 1947021, "typical_volume": null, "trend": null, "fair_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": 41.764843, "volume": 2535606, "typical_volume": null, "trend": null, "fair_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": 40.141958, "volume": 2657737, "typical_volume": null, "trend": null, "fair_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": 41.041388, "volume": 2423248, "typical_volume": null, "trend": null, "fair_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": 44.746649, "volume": 8337532, "typical_volume": null, "trend": null, "fair_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": 46.917013, "volume": 3358785, "typical_volume": null, "trend": null, "fair_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": 48.706097, "volume": 3295746, "typical_volume": null, "trend": null, "fair_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": 44.815084, "volume": 3475940, "typical_volume": null, "trend": null, "fair_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": 42.820696, "volume": 1448327, "typical_volume": null, "trend": null, "fair_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": 44.277381, "volume": 1885470, "typical_volume": null, "trend": null, "fair_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": 44.60978, "volume": 2367864, "typical_volume": null, "trend": null, "fair_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": 47.200529, "volume": 4015599, "typical_volume": null, "trend": null, "fair_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": 43.041221, "volume": 3013748, "typical_volume": null, "trend": null, "fair_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": 39.101588, "volume": 10231874, "typical_volume": null, "trend": null, "fair_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": 38.364749, "volume": 17335356, "typical_volume": null, "trend": null, "fair_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": 39.514218, "volume": 6548874, "typical_volume": null, "trend": null, "fair_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": 41.793507, "volume": 7860148, "typical_volume": null, "trend": null, "fair_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": 31.634953, "volume": 70790433, "typical_volume": null, "trend": null, "fair_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": 28.93321, "volume": 46812618, "typical_volume": null, "trend": null, "fair_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": 27.744444, "volume": 28895924, "typical_volume": null, "trend": null, "fair_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": 26.260941, "volume": 28354399, "typical_volume": null, "trend": null, "fair_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": 31.065131, "volume": 21465844, "typical_volume": null, "trend": null, "fair_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": 33.413191, "volume": 24789388, "typical_volume": null, "trend": null, "fair_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": 30.522087, "volume": 13707385, "typical_volume": 15399562.7, "trend": 38.917102, "fair_value": 34.152551, "relative_strength": -26.897992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.938218, "energy": 49.624223, "activity_lines": [ 30.648328, 31.249699, 35.348497, 37.430461 ] }, { "date": "2025-12-19", "close": 31.882568, "volume": 14166263, "typical_volume": 15690999.25, "trend": 38.89584, "fair_value": 34.124527, "relative_strength": -23.832495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.559326, "energy": 34.921617, "activity_lines": [ 31.342131, 31.060231, 34.692159, 36.97662 ] }, { "date": "2025-12-26", "close": 32.245108, "volume": 7652080, "typical_volume": 15905664.0, "trend": 38.819276, "fair_value": 34.101607, "relative_strength": -23.618987, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.356295, "energy": 30.976737, "activity_lines": [ 31.880906, 31.054537, 34.131605, 36.547541 ] }, { "date": "2026-01-02", "close": 30.955304, "volume": 8424009, "typical_volume": 16162077.15, "trend": 38.518618, "fair_value": 34.0637, "relative_strength": -25.048113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.21753, "energy": 33.664558, "activity_lines": [ 31.590801, 30.946499, 33.518079, 36.040188 ] }, { "date": "2026-01-09", "close": 31.05452, "volume": 12748068, "typical_volume": 16625683.55, "trend": 38.280878, "fair_value": 34.027876, "relative_strength": -25.996683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.401209, "energy": 31.881379, "activity_lines": [ 31.341091, 31.053558, 32.99853, 35.558633 ] }, { "date": "2026-01-16", "close": 27.958989, "volume": 14549438, "typical_volume": 17280739.1, "trend": 37.944165, "fair_value": 33.956478, "relative_strength": -32.36554, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.400561, "energy": 44.657954, "activity_lines": [ 30.216781, 30.608347, 32.249695, 34.892705 ] }, { "date": "2026-01-23", "close": 31.332324, "volume": 14483284, "typical_volume": 17910629.8, "trend": 37.52798, "fair_value": 33.925964, "relative_strength": -23.869373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.436951, "energy": 36.677997, "activity_lines": [ 30.38779, 30.794183, 31.8929, 34.466134 ] }, { "date": "2026-01-30", "close": 36.630443, "volume": 42128937, "typical_volume": 19898683.45, "trend": 37.349664, "fair_value": 33.95705, "relative_strength": -10.212526, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.368385, "energy": 15.456057, "activity_lines": [ 32.361521, 31.878078, 32.102331, 34.408229 ] }, { "date": "2026-02-06", "close": 31.05452, "volume": 18397988, "typical_volume": 20617802.9, "trend": 36.992653, "fair_value": 33.924067, "relative_strength": -21.446394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.70518, "energy": 20.325964, "activity_lines": [ 32.184256, 31.759634, 31.818719, 34.00209 ] }, { "date": "2026-02-13", "close": 28.980911, "volume": 15531465, "typical_volume": 21243688.75, "trend": 36.620618, "fair_value": 33.868526, "relative_strength": -24.746972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.689572, "energy": 22.382871, "activity_lines": [ 31.309173, 31.264362, 31.414506, 33.485204 ] }, { "date": "2026-02-20", "close": 30.340166, "volume": 8484959, "typical_volume": 21156343.0, "trend": 36.263911, "fair_value": 33.829322, "relative_strength": -21.356896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.564726, "energy": 23.806484, "activity_lines": [ 31.025416, 31.096814, 31.206699, 33.080013 ] }, { "date": "2026-02-27", "close": 29.496833, "volume": 8961378, "typical_volume": 20737644.1, "trend": 35.755584, "fair_value": 33.781712, "relative_strength": -22.602501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.460896, "energy": 35.372959, "activity_lines": [ 30.301803, 30.779241, 30.960296, 32.643428 ] }, { "date": "2026-03-06", "close": 29.129735, "volume": 13090216, "typical_volume": 21064711.2, "trend": 35.162674, "fair_value": 33.731147, "relative_strength": -22.035817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.988184, "energy": 41.953271, "activity_lines": [ 29.57819, 30.4383, 30.721159, 32.215954 ] }, { "date": "2026-03-13", "close": 26.292165, "volume": 14044985, "typical_volume": 21373953.05, "trend": 34.415543, "fair_value": 33.651158, "relative_strength": -28.355931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.853173, "energy": 54.48094, "activity_lines": [ 28.408767, 29.63808, 30.261228, 31.643663 ] }, { "date": "2026-03-20", "close": 24.545969, "volume": 13443921, "typical_volume": 18506627.45, "trend": 33.739906, "fair_value": 33.554294, "relative_strength": -31.252336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.176784, "energy": 65.839179, "activity_lines": [ 26.974769, 28.605154, 29.708808, 31.006916 ] }, { "date": "2026-03-27", "close": 19.02, "volume": 21751177, "typical_volume": 17253555.4, "trend": 32.946549, "fair_value": 33.401302, "relative_strength": -44.438322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.933013, "energy": 79.557027, "activity_lines": [ 23.994445, 26.685844, 28.663863, 30.057245 ] }, { "date": "2026-04-03", "close": 22.57, "volume": 20186298, "typical_volume": 16818074.1, "trend": 32.22297, "fair_value": 33.288476, "relative_strength": -36.300932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.311746, "energy": 73.77801, "activity_lines": [ 22.952131, 25.574516, 28.004218, 29.38779 ] }, { "date": "2026-04-10", "close": 26.9, "volume": 23219138, "typical_volume": 16561311.05, "trend": 31.632644, "fair_value": 33.222615, "relative_strength": -27.050203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.62939, "energy": 58.3704, "activity_lines": [ 23.81494, 25.409775, 27.781595, 29.044372 ] }, { "date": "2026-04-17", "close": 32.05, "volume": 20280386, "typical_volume": 16502038.15, "trend": 31.127627, "fair_value": 33.21065, "relative_strength": -18.170695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.924681, "energy": 23.750307, "activity_lines": [ 26.543065, 26.358315, 28.046405, 29.071299 ] }, { "date": "2026-04-24", "close": 30.484517, "volume": 12456371, "typical_volume": 15885387.3, "trend": 30.70907, "fair_value": 33.183113, "relative_strength": -23.656099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.26392, "energy": 16.238927, "activity_lines": [ 28.365506, 27.004122, 28.157431, 29.029808 ] }, { "date": "2026-05-01", "close": 24.526631, "volume": 34529145, "typical_volume": 16926475.3, "trend": 30.223238, "fair_value": 33.096548, "relative_strength": -39.023044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.190733, "energy": 24.394854, "activity_lines": [ 27.806082, 26.539339, 27.714985, 28.630941 ] }, { "date": "2026-05-08", "close": 24.516701, "volume": 26967738, "typical_volume": 17566549.05, "trend": 29.761636, "fair_value": 33.011599, "relative_strength": -41.738692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.899258, "energy": 22.394711, "activity_lines": [ 26.876239, 26.178451, 27.300144, 28.262777 ] }, { "date": "2026-05-15", "close": 24.844385, "volume": 22439474, "typical_volume": 18305918.75, "trend": 29.272642, "fair_value": 32.931528, "relative_strength": -40.177226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.961092, "energy": 27.921989, "activity_lines": [ 25.925844, 25.96769, 26.951586, 27.945535 ] }, { "date": "2026-05-22", "close": 24.427333, "volume": 18340482, "typical_volume": 18801742.4, "trend": 28.693769, "fair_value": 32.848963, "relative_strength": -41.308185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.720304, "energy": 46.164098, "activity_lines": [ 24.973472, 25.759016, 26.598551, 27.632934 ] }, { "date": "2026-05-29", "close": 26.174979, "volume": 27202040, "typical_volume": 19524441.0, "trend": 28.51177, "fair_value": 32.78479, "relative_strength": -38.23669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.585525, "energy": 37.98954, "activity_lines": [ 25.111828, 25.902003, 26.443043, 27.470432 ] }, { "date": "2026-06-05", "close": 22.769054, "volume": 53293555, "typical_volume": 21461646.85, "trend": 28.306298, "fair_value": 32.689403, "relative_strength": -42.90921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.586487, "energy": 43.635928, "activity_lines": [ 24.402177, 25.396112, 25.986398, 27.099934 ] }, { "date": "2026-06-12", "close": 20.753303, "volume": 19284253, "typical_volume": 21701695.3, "trend": 28.07326, "fair_value": 32.576798, "relative_strength": -48.366156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.566457, "energy": 56.640498, "activity_lines": [ 23.137781, 24.455556, 25.36249, 26.612644 ] }, { "date": "2026-06-19", "close": 21.368951, "volume": 18684212, "typical_volume": 20529459.05, "trend": 27.910194, "fair_value": 32.472052, "relative_strength": -47.426283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.79323, "energy": 55.108907, "activity_lines": [ 22.329495, 23.659967, 24.847592, 26.180108 ] }, { "date": "2026-06-26", "close": 19.29, "volume": 18790798, "typical_volume": 20549099.55, "trend": 27.51769, "fair_value": 32.349996, "relative_strength": -49.367071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.159433, "energy": 71.99288, "activity_lines": [ 21.05992, 22.586951, 24.207372, 25.623966 ] }, { "date": "2026-07-03", "close": 21.49, "volume": 38963217, "typical_volume": 21720687.15, "trend": 27.12025, "fair_value": 32.250363, "relative_strength": -43.149302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.432138, "energy": 64.558712, "activity_lines": [ 20.866168, 22.145936, 23.832698, 25.235083 ] }, { "date": "2026-07-10", "close": 28.03, "volume": 40590995, "typical_volume": 23325988.95, "trend": 27.03718, "fair_value": 32.211996, "relative_strength": -26.177237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.011883, "energy": 21.347491, "activity_lines": [ 23.164747, 23.057548, 24.116552, 25.293777 ] }, { "date": "2026-07-17", "close": 26.03, "volume": 28562115, "typical_volume": 24306025.8, "trend": 26.842095, "fair_value": 32.156302, "relative_strength": -27.554683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.341527, "energy": 13.83259, "activity_lines": [ 24.44593, 23.541826, 24.22093, 25.228797 ] }, { "date": "2026-07-24", "close": 22.01, "volume": 12343903, "typical_volume": 24268710.15, "trend": 26.500924, "fair_value": 32.06571, "relative_strength": -36.79505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.83397, "energy": 21.546056, "activity_lines": [ 24.035333, 23.26768, 23.95896, 24.917049 ] }, { "date": "2026-07-31", "close": 19.06, "volume": 31456516, "typical_volume": 25139286.7, "trend": 26.104414, "fair_value": 31.950615, "relative_strength": -44.444956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.779085, "energy": 24.206894, "activity_lines": [ 22.598667, 22.508705, 23.449941, 24.43699 ] }, { "date": "2026-08-07", "close": 21.42, "volume": 24063498, "typical_volume": 25670265.55, "trend": 25.783264, "fair_value": 31.858241, "relative_strength": -39.368194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.672553, "energy": 29.97834, "activity_lines": [ 21.964, 22.276409, 23.200123, 24.134769 ] } ], "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." } } }