{ "ticker": { "uuid": "9b8a3186-49c7-4009-8ab2-f59a91674a71", "symbol": "BRTR", "name": "BlackRock Total Return ETF", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 60.862, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -59.933, "architecture_energy": 64.744, "architecture_maturity": 4.626, "architecture_confidence": 80.9, "architecture_tenure": "New", "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": 28.4, "rotation_up": 9.52, "upward_expansion": 14.35, "deceleration": 37.29, "rotation_down": 71.58, "downward_expansion": 90.02 }, "activity_lines": [ 49.442989, 49.622628, 49.730774, 49.8028 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 49.5317, "trend_reference": 49.922627, "distance_from_trend": -0.007831, "trend_direction": "Weakening", "fair_value": 47.627578, "distance_from_fair_value": 0.039979, "fair_value_direction": "Weakening", "relative_strength": -13.120357, "relative_strength_direction": "Improving", "price_momentum": -0.014047, "excess_performance": -0.201501, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.007831, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.000528, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.039979, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.013929, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.131204, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.0267, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.014047, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.09297, "read": "Demand-led" } ], "volume": { "latest": 270702, "relative_activity": 0.555629, "balance": 2.09297, "dry_up": 0.72817, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.00795, "annualized_volatility": 0.047861, "from_high_reference": -0.027761, "from_low_reference": 0.024508 }, "levels": { "trend_reference": 49.922627, "fair_value_reference": 47.627578, "structural_low": 49.148673, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "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": "Intermediate", "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": "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": "2025-06-20", "end": "2026-04-03", "tenure": "Extended", "return": 0.044923, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.005276, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-07-24", "tenure": "Established", "return": -0.010049, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.005466, "active": true } ], "chart_path": [ { "date": "2023-12-15", "close": 45.308985, "volume": 31743, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 45.358214, "volume": 179378, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 45.540581, "volume": 113465, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 44.969275, "volume": 62418, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 45.341288, "volume": 35637, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 44.8497, "volume": 37505, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 44.933845, "volume": 18898, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 45.233861, "volume": 25035, "typical_volume": null, "trend": null, "fair_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": 44.811572, "volume": 24654, "typical_volume": null, "trend": null, "fair_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": 44.62043, "volume": 24551, "typical_volume": null, "trend": null, "fair_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": 44.793791, "volume": 21782, "typical_volume": null, "trend": null, "fair_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": 44.941055, "volume": 212547, "typical_volume": null, "trend": null, "fair_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": 45.324861, "volume": 22770, "typical_volume": null, "trend": null, "fair_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": 44.851797, "volume": 23450, "typical_volume": null, "trend": null, "fair_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": 45.137421, "volume": 16675, "typical_volume": null, "trend": null, "fair_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": 45.208827, "volume": 26066, "typical_volume": null, "trend": null, "fair_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": 44.770577, "volume": 29389, "typical_volume": null, "trend": null, "fair_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": 44.474796, "volume": 38893, "typical_volume": null, "trend": null, "fair_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": 44.22383, "volume": 36521, "typical_volume": null, "trend": null, "fair_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": 44.19694, "volume": 32257, "typical_volume": null, "trend": null, "fair_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": 44.716193, "volume": 36630, "typical_volume": null, "trend": null, "fair_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": 44.788186, "volume": 39752, "typical_volume": null, "trend": null, "fair_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": 45.040159, "volume": 37760, "typical_volume": null, "trend": null, "fair_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": 44.914172, "volume": 26160, "typical_volume": null, "trend": null, "fair_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": 44.911922, "volume": 53850, "typical_volume": null, "trend": null, "fair_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": 45.11621, "volume": 21247, "typical_volume": null, "trend": null, "fair_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": 45.685585, "volume": 23864, "typical_volume": null, "trend": null, "fair_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": 45.631359, "volume": 19176, "typical_volume": null, "trend": null, "fair_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": 45.333114, "volume": 49537, "typical_volume": null, "trend": null, "fair_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": 45.670969, "volume": 42792, "typical_volume": null, "trend": null, "fair_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": 46.05178, "volume": 37864, "typical_volume": null, "trend": null, "fair_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": 45.945803, "volume": 42311, "typical_volume": null, "trend": null, "fair_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": 46.071469, "volume": 33060, "typical_volume": null, "trend": null, "fair_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": 47.141391, "volume": 59200, "typical_volume": null, "trend": null, "fair_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": 46.778765, "volume": 63903, "typical_volume": null, "trend": null, "fair_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": 47.050279, "volume": 30446, "typical_volume": null, "trend": null, "fair_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": 47.350949, "volume": 58883, "typical_volume": null, "trend": null, "fair_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": 47.123169, "volume": 42478, "typical_volume": null, "trend": null, "fair_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": 47.733326, "volume": 225285, "typical_volume": null, "trend": null, "fair_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": 47.947917, "volume": 43267, "typical_volume": null, "trend": null, "fair_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": 47.866691, "volume": 43097, "typical_volume": null, "trend": null, "fair_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": 47.814918, "volume": 113688, "typical_volume": null, "trend": null, "fair_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": 47.31056, "volume": 36425, "typical_volume": null, "trend": null, "fair_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": 47.089912, "volume": 56634, "typical_volume": null, "trend": null, "fair_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": 47.071525, "volume": 26306, "typical_volume": null, "trend": null, "fair_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": 46.611842, "volume": 44246, "typical_volume": null, "trend": null, "fair_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": 46.285146, "volume": 76439, "typical_volume": null, "trend": null, "fair_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": 46.663625, "volume": 55823, "typical_volume": null, "trend": null, "fair_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": 46.303608, "volume": 75363, "typical_volume": null, "trend": null, "fair_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": 46.386689, "volume": 37104, "typical_volume": null, "trend": null, "fair_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": 47.067027, "volume": 26076, "typical_volume": null, "trend": null, "fair_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": 47.310321, "volume": 45979, "typical_volume": null, "trend": null, "fair_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": 46.627494, "volume": 58801, "typical_volume": null, "trend": null, "fair_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": 46.198766, "volume": 281733, "typical_volume": null, "trend": null, "fair_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": 46.046229, "volume": 151872, "typical_volume": null, "trend": null, "fair_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": 46.102343, "volume": 170560, "typical_volume": null, "trend": null, "fair_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": 45.710013, "volume": 133061, "typical_volume": null, "trend": null, "fair_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": 46.229067, "volume": 141915, "typical_volume": null, "trend": null, "fair_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": 46.266009, "volume": 59815, "typical_volume": null, "trend": null, "fair_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": 46.490465, "volume": 47441, "typical_volume": null, "trend": null, "fair_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": 46.69233, "volume": 367027, "typical_volume": null, "trend": null, "fair_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": 46.800505, "volume": 355839, "typical_volume": null, "trend": null, "fair_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": 46.941357, "volume": 71651, "typical_volume": null, "trend": null, "fair_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": 47.464389, "volume": 106784, "typical_volume": null, "trend": null, "fair_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": 47.237339, "volume": 68605, "typical_volume": null, "trend": null, "fair_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": 47.180796, "volume": 150066, "typical_volume": null, "trend": null, "fair_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": 47.373986, "volume": 88974, "typical_volume": null, "trend": null, "fair_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": 47.317443, "volume": 91079, "typical_volume": null, "trend": null, "fair_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": 47.710647, "volume": 118986, "typical_volume": null, "trend": null, "fair_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": 46.352813, "volume": 178571, "typical_volume": null, "trend": null, "fair_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": 46.788229, "volume": 76456, "typical_volume": null, "trend": null, "fair_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": 47.346696, "volume": 287985, "typical_volume": null, "trend": null, "fair_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": 47.153565, "volume": 417357, "typical_volume": null, "trend": null, "fair_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": 47.153565, "volume": 76262, "typical_volume": null, "trend": null, "fair_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": 47.191584, "volume": 136324, "typical_volume": null, "trend": null, "fair_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": 46.877924, "volume": 192460, "typical_volume": null, "trend": null, "fair_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": 47.324652, "volume": 256313, "typical_volume": null, "trend": null, "fair_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": 47.226077, "volume": 314664, "typical_volume": null, "trend": null, "fair_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": 47.545784, "volume": 120475, "typical_volume": null, "trend": null, "fair_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": 47.650763, "volume": 57440, "typical_volume": 176665.9, "trend": 46.912606, "fair_value": 46.208463, "relative_strength": -5.001048, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.578259, "energy": 52.662144, "activity_lines": [ 47.442827, 47.314235, 47.22952, 47.087775 ] }, { "date": "2025-06-27", "close": 48.070678, "volume": 138628, "typical_volume": 165245.95, "trend": 46.946061, "fair_value": 46.231454, "relative_strength": -7.845241, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.745224, "energy": 66.371316, "activity_lines": [ 47.691373, 47.467834, 47.31563, 47.162489 ] }, { "date": "2025-07-04", "close": 48.047246, "volume": 507028, "typical_volume": 172805.4, "trend": 46.970625, "fair_value": 46.253597, "relative_strength": -9.122991, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.188194, "energy": 72.957616, "activity_lines": [ 47.852592, 47.593855, 47.392945, 47.233533 ] }, { "date": "2025-07-11", "close": 47.861912, "volume": 299377, "typical_volume": 184191.7, "trend": 47.011772, "fair_value": 46.272975, "relative_strength": -9.010575, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.474962, "energy": 75.212385, "activity_lines": [ 47.903859, 47.673442, 47.446672, 47.291036 ] }, { "date": "2025-07-18", "close": 47.861912, "volume": 209839, "typical_volume": 189344.45, "trend": 47.067211, "fair_value": 46.291891, "relative_strength": -9.937187, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.645624, "energy": 71.845391, "activity_lines": [ 47.912738, 47.74015, 47.496015, 47.345884 ] }, { "date": "2025-07-25", "close": 48.043988, "volume": 140675, "typical_volume": 192947.95, "trend": 47.133803, "fair_value": 46.312503, "relative_strength": -10.132072, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.860097, "energy": 71.547388, "activity_lines": [ 47.961233, 47.827083, 47.560807, 47.408901 ] }, { "date": "2025-08-01", "close": 48.332392, "volume": 106698, "typical_volume": 190779.55, "trend": 47.208138, "fair_value": 46.335991, "relative_strength": -7.20653, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.221729, "energy": 75.150898, "activity_lines": [ 48.079648, 47.950956, 47.649224, 47.48623 ] }, { "date": "2025-08-08", "close": 48.418983, "volume": 163267, "typical_volume": 194494.2, "trend": 47.298437, "fair_value": 46.359933, "relative_strength": -10.013525, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.211971, "energy": 75.297082, "activity_lines": [ 48.209479, 48.064127, 47.740404, 47.564349 ] }, { "date": "2025-08-15", "close": 48.4719, "volume": 124154, "typical_volume": 196147.95, "trend": 47.373198, "fair_value": 46.383933, "relative_strength": -10.061625, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.401003, "energy": 82.273638, "activity_lines": [ 48.332166, 48.167023, 47.831647, 47.640056 ] }, { "date": "2025-08-22", "close": 48.635461, "volume": 116757, "typical_volume": 196036.5, "trend": 47.452179, "fair_value": 46.409231, "relative_strength": -8.644279, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.588486, "energy": 88.267021, "activity_lines": [ 48.468708, 48.277006, 47.932971, 47.721493 ] }, { "date": "2025-08-29", "close": 48.774969, "volume": 111224, "typical_volume": 192669.15, "trend": 47.52833, "fair_value": 46.435517, "relative_strength": -7.863851, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.44206, "energy": 90.714749, "activity_lines": [ 48.600183, 48.392541, 48.043177, 47.806834 ] }, { "date": "2025-09-05", "close": 49.203924, "volume": 319273, "typical_volume": 204810.0, "trend": 47.612049, "fair_value": 46.465939, "relative_strength": -7.553736, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.797383, "energy": 94.542657, "activity_lines": [ 48.825911, 48.565628, 48.182701, 47.914937 ] }, { "date": "2025-09-12", "close": 49.38527, "volume": 738528, "typical_volume": 227337.15, "trend": 47.698208, "fair_value": 46.497671, "relative_strength": -8.561164, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.034957, "energy": 95.514375, "activity_lines": [ 49.053985, 48.751083, 48.327994, 48.029338 ] }, { "date": "2025-09-19", "close": 49.257034, "volume": 509111, "typical_volume": 231924.85, "trend": 47.775397, "fair_value": 46.527341, "relative_strength": -10.400426, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.308761, "energy": 89.518645, "activity_lines": [ 49.174895, 48.888895, 48.451366, 48.129907 ] }, { "date": "2025-09-26", "close": 49.131404, "volume": 171085, "typical_volume": 236666.0, "trend": 47.830965, "fair_value": 46.555044, "relative_strength": -9.917719, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.156866, "energy": 84.996724, "activity_lines": [ 49.201586, 48.978498, 48.552757, 48.217392 ] }, { "date": "2025-10-03", "close": 49.385428, "volume": 173126, "typical_volume": 238506.1, "trend": 47.902568, "fair_value": 46.584837, "relative_strength": -10.237697, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.308845, "energy": 76.684505, "activity_lines": [ 49.279888, 49.091207, 48.668922, 48.31768 ] }, { "date": "2025-10-10", "close": 49.487816, "volume": 141850, "typical_volume": 235975.6, "trend": 47.979468, "fair_value": 46.615077, "relative_strength": -7.730663, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.82248, "energy": 69.268283, "activity_lines": [ 49.351623, 49.198141, 48.784392, 48.419954 ] }, { "date": "2025-10-17", "close": 49.768314, "volume": 216137, "typical_volume": 233966.8, "trend": 48.059279, "fair_value": 46.647584, "relative_strength": -9.169549, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.732792, "energy": 72.272661, "activity_lines": [ 49.497931, 49.335068, 48.914147, 48.535363 ] }, { "date": "2025-10-24", "close": 49.927518, "volume": 474727, "typical_volume": 241969.95, "trend": 48.146282, "fair_value": 46.681053, "relative_strength": -10.563972, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.32601, "energy": 72.973606, "activity_lines": [ 49.67177, 49.476407, 49.047429, 48.655895 ] }, { "date": "2025-10-31", "close": 49.661757, "volume": 476556, "typical_volume": 259774.0, "trend": 48.211319, "fair_value": 46.711161, "relative_strength": -12.425245, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.246332, "energy": 66.245645, "activity_lines": [ 49.712324, 49.54296, 49.142536, 48.753667 ] }, { "date": "2025-11-07", "close": 49.670333, "volume": 475855, "typical_volume": 280694.75, "trend": 48.321903, "fair_value": 46.740753, "relative_strength": -9.444358, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.904134, "energy": 65.583071, "activity_lines": [ 49.720379, 49.592413, 49.228383, 48.847797 ] }, { "date": "2025-11-14", "close": 49.564995, "volume": 292195, "typical_volume": 288373.1, "trend": 48.414461, "fair_value": 46.768716, "relative_strength": -9.266489, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.183516, "energy": 61.906518, "activity_lines": [ 49.674329, 49.606434, 49.294581, 48.927997 ] }, { "date": "2025-11-21", "close": 49.772555, "volume": 471705, "typical_volume": 286606.95, "trend": 48.495323, "fair_value": 46.798165, "relative_strength": -5.82669, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.263912, "energy": 58.486546, "activity_lines": [ 49.692319, 49.651628, 49.373432, 49.015616 ] }, { "date": "2025-11-28", "close": 49.968238, "volume": 304213, "typical_volume": 286848.75, "trend": 48.589146, "fair_value": 46.828943, "relative_strength": -9.67613, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.732479, "energy": 61.105752, "activity_lines": [ 49.775255, 49.725359, 49.462703, 49.110642 ] }, { "date": "2025-12-05", "close": 49.773056, "volume": 3190735, "typical_volume": 435893.55, "trend": 48.676462, "fair_value": 46.857251, "relative_strength": -10.7182, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.338856, "energy": 56.426268, "activity_lines": [ 49.790415, 49.750672, 49.523355, 49.187024 ] }, { "date": "2025-12-12", "close": 49.699876, "volume": 611816, "typical_volume": 459450.6, "trend": 48.760072, "fair_value": 46.884324, "relative_strength": -8.981788, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.659905, "energy": 53.415995, "activity_lines": [ 49.773762, 49.751013, 49.567936, 49.25305 ] }, { "date": "2025-12-19", "close": 49.865106, "volume": 436266, "typical_volume": 475929.0, "trend": 48.859645, "fair_value": 46.912445, "relative_strength": -9.015048, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.472422, "energy": 55.210945, "activity_lines": [ 49.810216, 49.775678, 49.620369, 49.324343 ] }, { "date": "2025-12-26", "close": 49.943574, "volume": 293473, "typical_volume": 482439.3, "trend": 48.946942, "fair_value": 46.940773, "relative_strength": -9.820507, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.107598, "energy": 52.731403, "activity_lines": [ 49.852818, 49.807751, 49.672977, 49.394274 ] }, { "date": "2026-01-02", "close": 49.845366, "volume": 168189, "typical_volume": 484641.05, "trend": 49.034252, "fair_value": 46.967667, "relative_strength": -8.256891, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.61538, "energy": 47.850626, "activity_lines": [ 49.851283, 49.818781, 49.708971, 49.452237 ] }, { "date": "2026-01-09", "close": 50.046398, "volume": 434117, "typical_volume": 500509.05, "trend": 49.117606, "fair_value": 46.995912, "relative_strength": -9.665686, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.592231, "energy": 55.090338, "activity_lines": [ 49.924951, 49.867856, 49.757571, 49.517537 ] }, { "date": "2026-01-16", "close": 50.01232, "volume": 221720, "typical_volume": 506033.85, "trend": 49.196324, "fair_value": 47.023334, "relative_strength": -8.774367, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.733856, "energy": 54.000314, "activity_lines": [ 49.969036, 49.903742, 49.796206, 49.57526 ] }, { "date": "2026-01-23", "close": 50.053567, "volume": 301565, "typical_volume": 505148.45, "trend": 49.26242, "fair_value": 47.050634, "relative_strength": -8.765772, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.014247, "energy": 53.258963, "activity_lines": [ 50.006041, 49.940909, 49.832878, 49.630566 ] }, { "date": "2026-01-30", "close": 50.12958, "volume": 311721, "typical_volume": 483808.1, "trend": 49.331832, "fair_value": 47.078124, "relative_strength": -8.325273, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.60753, "energy": 63.279316, "activity_lines": [ 50.055819, 49.983013, 49.872743, 49.686512 ] }, { "date": "2026-02-06", "close": 50.237378, "volume": 323358, "typical_volume": 474520.45, "trend": 49.411014, "fair_value": 47.106082, "relative_strength": -6.136042, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.747201, "energy": 63.887939, "activity_lines": [ 50.12913, 50.038226, 49.91933, 49.744934 ] }, { "date": "2026-02-13", "close": 50.695142, "volume": 361459, "typical_volume": 484039.15, "trend": 49.505455, "fair_value": 47.137565, "relative_strength": -3.997486, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.164297, "energy": 85.749676, "activity_lines": [ 50.328894, 50.171775, 50.004846, 49.827781 ] }, { "date": "2026-02-20", "close": 50.640928, "volume": 215051, "typical_volume": 486135.4, "trend": 49.592019, "fair_value": 47.168029, "relative_strength": -5.050266, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.93315, "energy": 91.244249, "activity_lines": [ 50.467338, 50.278702, 50.077752, 49.901037 ] }, { "date": "2026-02-27", "close": 50.921856, "volume": 308972, "typical_volume": 494491.5, "trend": 49.678335, "fair_value": 47.20039, "relative_strength": -4.07357, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.973552, "energy": 95.123586, "activity_lines": [ 50.657517, 50.419596, 50.171434, 49.986833 ] }, { "date": "2026-03-06", "close": 50.280508, "volume": 365209, "typical_volume": 501945.1, "trend": 49.740386, "fair_value": 47.226716, "relative_strength": -3.822275, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.595116, "energy": 72.93874, "activity_lines": [ 50.576027, 50.424668, 50.197207, 50.025683 ] }, { "date": "2026-03-13", "close": 49.712163, "volume": 429272, "typical_volume": 499672.35, "trend": 49.781728, "fair_value": 47.247779, "relative_strength": -3.622023, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.063937, "energy": 27.817471, "activity_lines": [ 50.295028, 50.320279, 50.166413, 50.023862 ] }, { "date": "2026-03-20", "close": 49.439614, "volume": 259347, "typical_volume": 488811.9, "trend": 49.808533, "fair_value": 47.266198, "relative_strength": -1.924695, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -1.022826, "energy": 15.5709, "activity_lines": [ 49.958192, 50.168757, 50.110687, 50.001791 ] }, { "date": "2026-03-27", "close": 49.261542, "volume": 396669, "typical_volume": 484852.6, "trend": 49.824752, "fair_value": 47.282825, "relative_strength": 1.29048, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -40.163358, "energy": 45.021608, "activity_lines": [ 49.645702, 49.995891, 50.03906, 49.966501 ] }, { "date": "2026-04-03", "close": 49.791376, "volume": 1153406, "typical_volume": 527913.15, "trend": 49.844334, "fair_value": 47.303557, "relative_strength": -0.916527, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -21.753894, "energy": 38.455593, "activity_lines": [ 49.601782, 49.933009, 50.01984, 49.964348 ] }, { "date": "2026-04-10", "close": 49.90914, "volume": 233570, "typical_volume": 516006.4, "trend": 49.861796, "fair_value": 47.324915, "relative_strength": -4.477318, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.513017, "energy": 32.346457, "activity_lines": [ 49.672481, 49.896306, 50.010757, 49.968529 ] }, { "date": "2026-04-17", "close": 50.312674, "volume": 454416, "typical_volume": 523516.55, "trend": 49.896984, "fair_value": 47.349205, "relative_strength": -8.730527, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.420951, "energy": 16.838359, "activity_lines": [ 49.90245, 49.93698, 50.039456, 49.997618 ] }, { "date": "2026-04-24", "close": 50.17247, "volume": 231001, "typical_volume": 375529.85, "trend": 49.931686, "fair_value": 47.371974, "relative_strength": -10.44024, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.389507, "energy": 21.478451, "activity_lines": [ 50.045651, 49.950794, 50.053162, 50.015391 ] }, { "date": "2026-05-01", "close": 49.798924, "volume": 511863, "typical_volume": 370532.2, "trend": 49.945469, "fair_value": 47.391389, "relative_strength": -12.000992, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.636405, "energy": 10.851309, "activity_lines": [ 50.015479, 49.906193, 50.02939, 50.006825 ] }, { "date": "2026-05-08", "close": 49.967717, "volume": 282995, "typical_volume": 362868.65, "trend": 49.961466, "fair_value": 47.411836, "relative_strength": -15.790359, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.091388, "energy": 12.075909, "activity_lines": [ 50.005745, 49.907591, 50.021222, 50.008261 ] }, { "date": "2026-05-15", "close": 49.421621, "volume": 296354, "typical_volume": 363012.7, "trend": 49.94991, "fair_value": 47.427661, "relative_strength": -16.031849, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.603821, "energy": 21.375609, "activity_lines": [ 49.802224, 49.827047, 49.960556, 49.973432 ] }, { "date": "2026-05-22", "close": 49.610273, "volume": 1140874, "typical_volume": 411646.95, "trend": 49.939335, "fair_value": 47.444713, "relative_strength": -16.271716, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.326449, "energy": 33.716819, "activity_lines": [ 49.694088, 49.79642, 49.920343, 49.95152 ] }, { "date": "2026-05-29", "close": 49.951731, "volume": 1785299, "typical_volume": 479206.05, "trend": 49.949001, "fair_value": 47.464147, "relative_strength": -17.609543, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.02683, "energy": 23.439378, "activity_lines": [ 49.746598, 49.829728, 49.913768, 49.95232 ] }, { "date": "2026-06-05", "close": 49.71478, "volume": 376841, "typical_volume": 486962.1, "trend": 49.950482, "fair_value": 47.48146, "relative_strength": -13.750841, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.419446, "energy": 37.713312, "activity_lines": [ 49.73484, 49.810643, 49.885078, 49.937209 ] }, { "date": "2026-06-12", "close": 49.984349, "volume": 355300, "typical_volume": 489648.85, "trend": 49.964461, "fair_value": 47.500566, "relative_strength": -14.814156, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.347153, "energy": 17.955012, "activity_lines": [ 49.818548, 49.83233, 49.883478, 49.939394 ] }, { "date": "2026-06-19", "close": 50.043522, "volume": 266648, "typical_volume": 487395.2, "trend": 49.973493, "fair_value": 47.519831, "relative_strength": -16.475152, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.663324, "energy": 13.773323, "activity_lines": [ 49.920872, 49.861268, 49.887843, 49.944494 ] }, { "date": "2026-06-26", "close": 50.292569, "volume": 287385, "typical_volume": 485596.55, "trend": 49.984304, "fair_value": 47.540678, "relative_strength": -11.75201, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.923431, "energy": 17.765007, "activity_lines": [ 50.064751, 49.933043, 49.916337, 49.96508 ] }, { "date": "2026-07-03", "close": 49.887305, "volume": 197028, "typical_volume": 477375.0, "trend": 49.988112, "fair_value": 47.55819, "relative_strength": -12.863224, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.161607, "energy": 12.806159, "activity_lines": [ 50.028056, 49.931499, 49.905971, 49.958822 ] }, { "date": "2026-07-10", "close": 49.645141, "volume": 355285, "typical_volume": 484386.7, "trend": 49.986288, "fair_value": 47.573649, "relative_strength": -14.455484, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.827889, "energy": 14.474548, "activity_lines": [ 49.914935, 49.89111, 49.876389, 49.936695 ] }, { "date": "2026-07-17", "close": 49.698036, "volume": 278766, "typical_volume": 482876.4, "trend": 49.980719, "fair_value": 47.58927, "relative_strength": -10.343156, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.035816, "energy": 20.221899, "activity_lines": [ 49.824088, 49.863135, 49.856587, 49.918098 ] }, { "date": "2026-07-24", "close": 49.29848, "volume": 311989, "typical_volume": 480215.4, "trend": 49.959216, "fair_value": 47.601746, "relative_strength": -9.334878, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.342122, "energy": 53.853588, "activity_lines": [ 49.619143, 49.767416, 49.804559, 49.874083 ] }, { "date": "2026-07-31", "close": 49.262419, "volume": 557599, "typical_volume": 486631.75, "trend": 49.939784, "fair_value": 47.61378, "relative_strength": -9.546554, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.132248, "energy": 68.698811, "activity_lines": [ 49.451847, 49.66738, 49.753773, 49.829128 ] }, { "date": "2026-08-07", "close": 49.5317, "volume": 270702, "typical_volume": 487199.5, "trend": 49.922627, "fair_value": 47.627578, "relative_strength": -13.120357, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.933233, "energy": 64.74411, "activity_lines": [ 49.442989, 49.622628, 49.730774, 49.8028 ] } ], "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." } } }