{ "ticker": { "uuid": "aed5a079-bacd-415c-9bbf-091e81ce240b", "symbol": "QGRW", "name": "WISDOMTREE ISSUER ICAV WT US QU", "exchange": "LSE", "country": "GB", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 86.162, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 69.659, "architecture_energy": 40.337, "architecture_maturity": 43.657, "architecture_confidence": 54.614, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 37.48, "rotation_up": 42.84, "upward_expansion": 68.9, "deceleration": 72.03, "rotation_down": 25.66, "downward_expansion": 9.23 }, "activity_lines": [ 41.594001, 41.361728, 41.140405, 40.137328 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 43.095001, "trend_reference": 38.987834, "distance_from_trend": 0.105345, "trend_direction": "Improving", "fair_value": 33.340454, "distance_from_fair_value": 0.292574, "fair_value_direction": "Improving", "relative_strength": 4.171236, "relative_strength_direction": "Weakening", "price_momentum": 0.18117, "excess_performance": 0.129935, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.105345, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.030683, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.292574, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.005635, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.041712, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.050222, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.18117, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.505406, "read": "Supply-led" } ], "volume": { "latest": 5965, "relative_activity": 0.87025, "balance": 0.505406, "dry_up": 2.450451, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.038961, "annualized_volatility": 0.206509, "from_high_reference": -0.019565, "from_low_reference": 0.300981 }, "levels": { "trend_reference": 38.987834, "fair_value_reference": 33.340454, "structural_low": 33.125, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": -0.015944, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.033652, "regime_survival": 1.0, "best_return": -0.015944, "worst_return": -0.015944, "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": "2025-10-31", "end": "2026-01-30", "tenure": "Established", "return": -0.023393, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": -0.00836, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.07541, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.136475, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": 0.042118, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-06-26", "tenure": "Developing", "return": -0.042525, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.045044, "active": true } ], "chart_path": [ { "date": "2024-04-26", "close": 25.1, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 25.315001, "volume": 145, "typical_volume": null, "trend": null, "fair_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": 25.785, "volume": 2009, "typical_volume": null, "trend": null, "fair_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": 26.415001, "volume": 165, "typical_volume": null, "trend": null, "fair_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": 26.83, "volume": 4648, "typical_volume": null, "trend": null, "fair_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": 26.135, "volume": 244, "typical_volume": null, "trend": null, "fair_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": 27.3575, "volume": 3288, "typical_volume": null, "trend": null, "fair_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": 28.43, "volume": 5582, "typical_volume": null, "trend": null, "fair_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": 28.467501, "volume": 7912, "typical_volume": null, "trend": null, "fair_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": 28.9, "volume": 55534, "typical_volume": null, "trend": null, "fair_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": 29.805, "volume": 36647, "typical_volume": null, "trend": null, "fair_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": 29.8675, "volume": 83319, "typical_volume": null, "trend": null, "fair_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": 28.440001, "volume": 12456, "typical_volume": null, "trend": null, "fair_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": 27.4125, "volume": 4537, "typical_volume": null, "trend": null, "fair_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": 26.6325, "volume": 3186, "typical_volume": null, "trend": null, "fair_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": 26.647499, "volume": 15788, "typical_volume": null, "trend": null, "fair_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": 28.2775, "volume": 26578, "typical_volume": null, "trend": null, "fair_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": 28.6175, "volume": 5719, "typical_volume": null, "trend": null, "fair_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": 28.1675, "volume": 2560, "typical_volume": null, "trend": null, "fair_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": 26.6425, "volume": 11088, "typical_volume": null, "trend": null, "fair_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": 28.295, "volume": 1858, "typical_volume": null, "trend": null, "fair_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": 28.65, "volume": 6734, "typical_volume": null, "trend": null, "fair_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": 28.895, "volume": 2927, "typical_volume": null, "trend": null, "fair_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": 28.684999, "volume": 7817, "typical_volume": null, "trend": null, "fair_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": 29.27, "volume": 1790, "typical_volume": null, "trend": null, "fair_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": 29.555, "volume": 8658, "typical_volume": null, "trend": null, "fair_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": 29.879999, "volume": 2064, "typical_volume": null, "trend": null, "fair_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": 29.2925, "volume": 3862, "typical_volume": null, "trend": null, "fair_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": 30.84, "volume": 3470, "typical_volume": null, "trend": null, "fair_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": 30.09, "volume": 2472, "typical_volume": null, "trend": null, "fair_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": 30.225, "volume": 1946, "typical_volume": null, "trend": null, "fair_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": 30.655001, "volume": 9910, "typical_volume": null, "trend": null, "fair_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": 31.91, "volume": 8309, "typical_volume": null, "trend": null, "fair_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": 32.145, "volume": 37611, "typical_volume": null, "trend": null, "fair_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": 32.040001, "volume": 13298, "typical_volume": null, "trend": null, "fair_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": 32.110001, "volume": 6116, "typical_volume": null, "trend": null, "fair_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": 31.76, "volume": 8925, "typical_volume": null, "trend": null, "fair_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": 31.035, "volume": 8156, "typical_volume": null, "trend": null, "fair_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": 31.855, "volume": 12865, "typical_volume": null, "trend": null, "fair_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": 32.605, "volume": 2684, "typical_volume": null, "trend": null, "fair_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": 32.375, "volume": 16399, "typical_volume": null, "trend": null, "fair_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": 31.805, "volume": 14789, "typical_volume": null, "trend": null, "fair_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": 32.349998, "volume": 10616, "typical_volume": null, "trend": null, "fair_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": 32.009998, "volume": 8390, "typical_volume": null, "trend": null, "fair_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": 29.965, "volume": 20076, "typical_volume": null, "trend": null, "fair_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": 28.6525, "volume": 9020, "typical_volume": null, "trend": null, "fair_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": 28.2775, "volume": 10638, "typical_volume": null, "trend": null, "fair_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": 28.309999, "volume": 3853, "typical_volume": null, "trend": null, "fair_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": 27.772499, "volume": 2026, "typical_volume": null, "trend": null, "fair_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": 25.3225, "volume": 6458, "typical_volume": null, "trend": null, "fair_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": 26.305, "volume": 12017, "typical_volume": null, "trend": null, "fair_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": 26.035, "volume": 6303, "typical_volume": null, "trend": null, "fair_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": 27.809999, "volume": 4755, "typical_volume": null, "trend": null, "fair_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": 28.9625, "volume": 15155, "typical_volume": null, "trend": null, "fair_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": 28.865, "volume": 3959, "typical_volume": null, "trend": null, "fair_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": 30.934999, "volume": 14103, "typical_volume": null, "trend": null, "fair_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": 30.217501, "volume": 5521, "typical_volume": null, "trend": null, "fair_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": 30.924999, "volume": 1775, "typical_volume": null, "trend": null, "fair_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": 31.635, "volume": 9674, "typical_volume": null, "trend": null, "fair_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": 31.690001, "volume": 1499, "typical_volume": null, "trend": null, "fair_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": 31.42, "volume": 3442, "typical_volume": null, "trend": null, "fair_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": 32.900002, "volume": 3190, "typical_volume": null, "trend": null, "fair_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": 33.142502, "volume": 1870, "typical_volume": null, "trend": null, "fair_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": 33.337502, "volume": 6317, "typical_volume": null, "trend": null, "fair_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": 33.797501, "volume": 5165, "typical_volume": null, "trend": null, "fair_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": 34.377499, "volume": 5249, "typical_volume": null, "trend": null, "fair_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": 33.692501, "volume": 6660, "typical_volume": null, "trend": null, "fair_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": 34.727501, "volume": 16085, "typical_volume": null, "trend": null, "fair_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": 35.142502, "volume": 5727, "typical_volume": null, "trend": null, "fair_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": 34.8325, "volume": 532, "typical_volume": null, "trend": null, "fair_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": 34.9175, "volume": 2381, "typical_volume": null, "trend": null, "fair_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": 35.262501, "volume": 4446, "typical_volume": null, "trend": null, "fair_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": 36.09, "volume": 1849, "typical_volume": null, "trend": null, "fair_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": 36.702499, "volume": 3171, "typical_volume": null, "trend": null, "fair_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": 36.452499, "volume": 1301, "typical_volume": null, "trend": null, "fair_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": 37.237499, "volume": 2551, "typical_volume": null, "trend": null, "fair_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": 36.759998, "volume": 26529, "typical_volume": null, "trend": null, "fair_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": 36.445, "volume": 4993, "typical_volume": null, "trend": null, "fair_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": 37.7495, "volume": 6227, "typical_volume": null, "trend": null, "fair_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": 38.900002, "volume": 6838, "typical_volume": 5726.15, "trend": 33.242234, "fair_value": 30.664306, "relative_strength": 9.076821, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.709847, "energy": 69.838701, "activity_lines": [ 37.706034, 37.160645, 36.154907, 35.052749 ] }, { "date": "2025-11-07", "close": 37.1325, "volume": 5457, "typical_volume": 5826.9, "trend": 33.60315, "fair_value": 30.744161, "relative_strength": 4.48587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.973761, "energy": 56.287321, "activity_lines": [ 37.610734, 37.248064, 36.339493, 35.303734 ] }, { "date": "2025-11-14", "close": 37.855, "volume": 17858, "typical_volume": 6560.3, "trend": 33.99715, "fair_value": 30.830878, "relative_strength": 6.249795, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.569715, "energy": 56.066834, "activity_lines": [ 37.763267, 37.426573, 36.565686, 35.578046 ] }, { "date": "2025-11-21", "close": 36.549999, "volume": 10025, "typical_volume": 6968.05, "trend": 34.288484, "fair_value": 30.899783, "relative_strength": 4.199175, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.974334, "energy": 45.065014, "activity_lines": [ 37.4078, 37.320673, 36.643998, 35.742746 ] }, { "date": "2025-11-28", "close": 38.150002, "volume": 3146, "typical_volume": 6809.5, "trend": 34.594734, "fair_value": 30.986095, "relative_strength": 6.611814, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.244663, "energy": 41.342937, "activity_lines": [ 37.578667, 37.497318, 36.858464, 35.991877 ] }, { "date": "2025-12-05", "close": 38.474998, "volume": 4345, "typical_volume": 6768.5, "trend": 34.915067, "fair_value": 31.0742, "relative_strength": 8.036383, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.672428, "energy": 44.709872, "activity_lines": [ 37.831166, 37.706736, 37.080967, 36.242216 ] }, { "date": "2025-12-12", "close": 37.275002, "volume": 9266, "typical_volume": 6969.35, "trend": 35.1264, "fair_value": 31.146302, "relative_strength": 4.867378, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.855787, "energy": 33.995931, "activity_lines": [ 37.712, 37.6612, 37.16691, 36.39447 ] }, { "date": "2025-12-19", "close": 37.830002, "volume": 3441, "typical_volume": 6808.4, "trend": 35.38015, "fair_value": 31.223127, "relative_strength": 3.834044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.487739, "energy": 36.516117, "activity_lines": [ 37.768334, 37.715892, 37.291912, 36.568896 ] }, { "date": "2025-12-26", "close": 38.494999, "volume": 1053, "typical_volume": 6056.8, "trend": 35.632484, "fair_value": 31.305761, "relative_strength": 5.967276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.721345, "energy": 39.20577, "activity_lines": [ 38.048, 37.872037, 37.460545, 36.769854 ] }, { "date": "2026-01-02", "close": 37.959999, "volume": 2044, "typical_volume": 5872.65, "trend": 35.843317, "fair_value": 31.380528, "relative_strength": 3.675871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.588839, "energy": 32.316575, "activity_lines": [ 38.019667, 37.893636, 37.560286, 36.920016 ] }, { "date": "2026-01-09", "close": 38.352501, "volume": 12497, "typical_volume": 6470.9, "trend": 36.0654, "fair_value": 31.457995, "relative_strength": 2.939112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.787245, "energy": 35.552015, "activity_lines": [ 38.134834, 37.982773, 37.683991, 37.081899 ] }, { "date": "2026-01-16", "close": 37.865002, "volume": 11057, "typical_volume": 6904.7, "trend": 36.280234, "fair_value": 31.528401, "relative_strength": 0.555585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.455376, "energy": 31.298582, "activity_lines": [ 38.095667, 37.993228, 37.744505, 37.198002 ] }, { "date": "2026-01-23", "close": 37.970001, "volume": 6843, "typical_volume": 7024.55, "trend": 36.449234, "fair_value": 31.598419, "relative_strength": 1.796662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.949956, "energy": 26.318804, "activity_lines": [ 38.052168, 38.009455, 37.800984, 37.30702 ] }, { "date": "2026-01-30", "close": 37.990002, "volume": 4786, "typical_volume": 7171.4, "trend": 36.610817, "fair_value": 31.667145, "relative_strength": 1.061007, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.529017, "energy": 21.126423, "activity_lines": [ 38.006001, 38.027228, 37.846474, 37.406424 ] }, { "date": "2026-02-06", "close": 36.485001, "volume": 1956, "typical_volume": 7110.65, "trend": 36.715734, "fair_value": 31.718399, "relative_strength": -4.243222, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.725594, "energy": 9.040653, "activity_lines": [ 37.491835, 37.745183, 37.739584, 37.398307 ] }, { "date": "2026-02-13", "close": 36.057499, "volume": 10116, "typical_volume": 7551.4, "trend": 36.791067, "fair_value": 31.764074, "relative_strength": -5.934653, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.636553, "energy": 14.2473, "activity_lines": [ 36.933501, 37.415683, 37.593015, 37.35584 ] }, { "date": "2026-02-20", "close": 36.517502, "volume": 3928, "typical_volume": 7620.25, "trend": 36.8624, "fair_value": 31.813589, "relative_strength": -6.741868, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.450352, "energy": 27.341111, "activity_lines": [ 36.681501, 37.213774, 37.492136, 37.338191 ] }, { "date": "2026-02-27", "close": 36.18, "volume": 4936, "typical_volume": 6540.6, "trend": 36.945317, "fair_value": 31.858603, "relative_strength": -9.457624, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.617265, "energy": 41.495104, "activity_lines": [ 36.406834, 36.964273, 37.362544, 37.294165 ] }, { "date": "2026-03-06", "close": 36.102501, "volume": 8716, "typical_volume": 6726.75, "trend": 36.99115, "fair_value": 31.901908, "relative_strength": -4.259333, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.028197, "energy": 47.832054, "activity_lines": [ 36.225667, 36.730683, 37.228332, 37.23979 ] }, { "date": "2026-03-13", "close": 35.490002, "volume": 5197, "typical_volume": 6675.25, "trend": 37.002734, "fair_value": 31.938152, "relative_strength": -5.757569, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.200186, "energy": 49.368621, "activity_lines": [ 35.966168, 36.429228, 37.037418, 37.142941 ] }, { "date": "2026-03-20", "close": 34.912498, "volume": 1225, "typical_volume": 6394.6, "trend": 37.0054, "fair_value": 31.967895, "relative_strength": -4.209394, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.063625, "energy": 55.176435, "activity_lines": [ 35.5805, 36.067682, 36.802262, 37.008088 ] }, { "date": "2026-03-27", "close": 33.380001, "volume": 1108, "typical_volume": 6177.15, "trend": 36.95415, "fair_value": 31.981876, "relative_strength": -8.932769, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.027808, "energy": 77.532796, "activity_lines": [ 34.760334, 35.490046, 36.440143, 36.774191 ] }, { "date": "2026-04-03", "close": 34.639999, "volume": 6162, "typical_volume": 5592.35, "trend": 36.9334, "fair_value": 32.007936, "relative_strength": -9.824065, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.304595, "energy": 68.926517, "activity_lines": [ 34.569333, 35.223046, 36.215893, 36.624891 ] }, { "date": "2026-04-10", "close": 36.572498, "volume": 2062, "typical_volume": 5194.2, "trend": 36.949483, "fair_value": 32.052253, "relative_strength": -6.340075, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.666709, "energy": 42.37892, "activity_lines": [ 35.125166, 35.367954, 36.191, 36.601607 ] }, { "date": "2026-04-17", "close": 39.150002, "volume": 1887, "typical_volume": 5131.25, "trend": 37.031067, "fair_value": 32.1205, "relative_strength": -0.641712, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.717364, "energy": 7.493842, "activity_lines": [ 36.508833, 36.007273, 36.411477, 36.743576 ] }, { "date": "2026-04-24", "close": 39.3675, "volume": 2188, "typical_volume": 5023.4, "trend": 37.128234, "fair_value": 32.189519, "relative_strength": 2.427025, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 21.474376, "energy": 28.670873, "activity_lines": [ 37.721, 36.637682, 36.647905, 36.894313 ] }, { "date": "2026-05-01", "close": 40.125, "volume": 3709, "typical_volume": 4745.55, "trend": 37.224484, "fair_value": 32.264382, "relative_strength": 4.2789, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.610468, "energy": 44.349753, "activity_lines": [ 38.888667, 37.345636, 36.952226, 37.087653 ] }, { "date": "2026-05-08", "close": 41.634998, "volume": 13447, "typical_volume": 5245.85, "trend": 37.386984, "fair_value": 32.351958, "relative_strength": 9.193411, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.926888, "energy": 76.57826, "activity_lines": [ 40.109999, 38.262545, 37.386786, 37.372202 ] }, { "date": "2026-05-15", "close": 41.814999, "volume": 2483, "typical_volume": 5317.35, "trend": 37.565984, "fair_value": 32.439579, "relative_strength": 9.765472, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.216903, "energy": 88.311751, "activity_lines": [ 40.924999, 39.112999, 37.820369, 37.657881 ] }, { "date": "2026-05-22", "close": 41.740002, "volume": 8364, "typical_volume": 5633.35, "trend": 37.699, "fair_value": 32.524904, "relative_strength": 6.446692, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.941444, "energy": 87.058425, "activity_lines": [ 41.3655, 39.845954, 38.231, 37.927172 ] }, { "date": "2026-05-29", "close": 42.744999, "volume": 9001, "typical_volume": 5458.55, "trend": 37.827167, "fair_value": 32.617814, "relative_strength": 9.280596, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.365808, "energy": 89.911703, "activity_lines": [ 41.968333, 40.648, 38.719345, 38.252721 ] }, { "date": "2026-06-05", "close": 41.889999, "volume": 458, "typical_volume": 4928.6, "trend": 37.98575, "fair_value": 32.701347, "relative_strength": 7.267329, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.032737, "energy": 81.180956, "activity_lines": [ 42.061, 41.152181, 39.105345, 38.514839 ] }, { "date": "2026-06-12", "close": 40.900002, "volume": 192, "typical_volume": 4596.05, "trend": 38.08725, "fair_value": 32.774549, "relative_strength": 3.5242, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.064781, "energy": 57.887356, "activity_lines": [ 41.706, 41.321636, 39.377893, 38.702855 ] }, { "date": "2026-06-19", "close": 41.6325, "volume": 1419, "typical_volume": 4427.7, "trend": 38.256667, "fair_value": 32.852938, "relative_strength": 6.24411, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.626519, "energy": 54.034643, "activity_lines": [ 41.644167, 41.510455, 39.70625, 38.931581 ] }, { "date": "2026-06-26", "close": 39.965, "volume": 527, "typical_volume": 4356.25, "trend": 38.317167, "fair_value": 32.915325, "relative_strength": 0.551472, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.779366, "energy": 36.340611, "activity_lines": [ 41.038667, 41.304091, 39.858452, 39.041796 ] }, { "date": "2026-07-03", "close": 41.237499, "volume": 868, "typical_volume": 3893.85, "trend": 38.40925, "fair_value": 32.987691, "relative_strength": 2.037153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.044708, "energy": 30.587803, "activity_lines": [ 40.975667, 41.314273, 40.115274, 39.230204 ] }, { "date": "2026-07-10", "close": 41.787498, "volume": 16027, "typical_volume": 4498.8, "trend": 38.559667, "fair_value": 33.063552, "relative_strength": 5.053159, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.436302, "energy": 35.329011, "activity_lines": [ 41.196499, 41.390454, 40.399809, 39.448156 ] }, { "date": "2026-07-17", "close": 41.095001, "volume": 36470, "typical_volume": 6075.5, "trend": 38.6685, "fair_value": 33.132197, "relative_strength": 2.246091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.585199, "energy": 29.944096, "activity_lines": [ 41.193333, 41.3105, 40.593297, 39.611726 ] }, { "date": "2026-07-24", "close": 40.712502, "volume": 15158, "typical_volume": 6397.6, "trend": 38.742417, "fair_value": 33.196437, "relative_strength": 0.001634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.931704, "energy": 30.239403, "activity_lines": [ 41.049667, 41.170818, 40.726952, 39.743597 ] }, { "date": "2026-07-31", "close": 40.580002, "volume": 9592, "typical_volume": 6617.35, "trend": 38.82975, "fair_value": 33.258483, "relative_strength": -1.542805, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.68229, "energy": 25.042526, "activity_lines": [ 40.923168, 41.027091, 40.826036, 39.862151 ] }, { "date": "2026-08-07", "close": 43.095001, "volume": 5965, "typical_volume": 6854.35, "trend": 38.987834, "fair_value": 33.340454, "relative_strength": 4.171236, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.659263, "energy": 40.337074, "activity_lines": [ 41.594001, 41.361728, 41.140405, 40.137328 ] } ], "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." } } }