{ "ticker": { "uuid": "b191517c-7bb8-4327-85e1-68d931b31167", "symbol": "AETH", "name": "BITWISE TRENDWISE ETHER AND TREASURIES ROTATION STRATEGY ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -60.056, "architecture_energy": 56.346, "architecture_maturity": 81.292, "architecture_confidence": 75.855, "architecture_tenure": "Developing", "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": 19.39, "rotation_up": 29.49, "upward_expansion": 16.0, "deceleration": 60.6, "rotation_down": 43.19, "downward_expansion": 75.66 }, "activity_lines": [ 30.26958, 30.284669, 31.384227, 32.321002 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 30.425, "trend_reference": 33.471787, "distance_from_trend": -0.091026, "trend_direction": "Weakening", "fair_value": 34.368778, "distance_from_fair_value": -0.114749, "fair_value_direction": "Weakening", "relative_strength": -28.190771, "relative_strength_direction": "Weakening", "price_momentum": -0.131952, "excess_performance": -0.257577, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.091026, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.061293, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.114749, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.080047, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.281908, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.028341, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.131952, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 7.935963, "read": "Demand-led" } ], "volume": { "latest": 790, "relative_activity": 0.252364, "balance": 7.935963, "dry_up": 0.907871, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.031986, "annualized_volatility": 0.257217, "from_high_reference": -0.476181, "from_low_reference": 0.076225 }, "levels": { "trend_reference": 33.471787, "fair_value_reference": 34.368778, "structural_low": 28.2701, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": -0.017414, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.032035, "regime_survival": 0.75, "best_return": 0.298727, "worst_return": -0.079069, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.013163, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.05757, "regime_survival": 0.666667, "best_return": 0.503868, "worst_return": -0.108835, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.189607, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.023072, "regime_survival": 0.5, "best_return": 0.476318, "worst_return": -0.097105, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.304665, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.017528, "regime_survival": 1.0, "best_return": 0.304665, "worst_return": 0.304665, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-02", "tenure": "New", "return": 0.02751, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-09", "end": "2025-07-04", "tenure": "Developing", "return": -0.008981, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-07-18", "tenure": "New", "return": 0.181423, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-09-19", "tenure": "Developing", "return": 0.035081, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-31", "tenure": "Developing", "return": -0.179856, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": -0.016824, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-04-17", "tenure": "Established", "return": 0.037918, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": -0.089496, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": -0.066145, "active": true } ], "chart_path": [ { "date": "2023-10-06", "close": 19.67759, "volume": 13368, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 18.390054, "volume": 7725, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 19.194215, "volume": 34604, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 21.361777, "volume": 14189, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 21.873501, "volume": 6758, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 25.175593, "volume": 11986, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 23.280663, "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": "2023-11-24", "close": 25.416442, "volume": 7164, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 25.003341, "volume": 17674, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 28.253366, "volume": 19164, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 26.754368, "volume": 42093, "typical_volume": null, "trend": null, "fair_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": 27.666176, "volume": 26227, "typical_volume": null, "trend": null, "fair_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": 27.473795, "volume": 19101, "typical_volume": null, "trend": null, "fair_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": 26.433913, "volume": 18253, "typical_volume": null, "trend": null, "fair_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": 30.081076, "volume": 84848, "typical_volume": null, "trend": null, "fair_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": 29.196802, "volume": 50085, "typical_volume": null, "trend": null, "fair_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": 26.380369, "volume": 41996, "typical_volume": null, "trend": null, "fair_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": 26.829997, "volume": 15559, "typical_volume": null, "trend": null, "fair_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": 29.176712, "volume": 15469, "typical_volume": null, "trend": null, "fair_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": 32.503892, "volume": 32118, "typical_volume": null, "trend": null, "fair_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": 34.360375, "volume": 26243, "typical_volume": null, "trend": null, "fair_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": 40.093687, "volume": 112948, "typical_volume": null, "trend": null, "fair_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": 45.611123, "volume": 132076, "typical_volume": null, "trend": null, "fair_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": 42.556086, "volume": 76812, "typical_volume": null, "trend": null, "fair_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": 38.45972, "volume": 83828, "typical_volume": null, "trend": null, "fair_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": 40.658574, "volume": 51802, "typical_volume": null, "trend": null, "fair_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": 37.529308, "volume": 34197, "typical_volume": null, "trend": null, "fair_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": 36.152418, "volume": 103328, "typical_volume": null, "trend": null, "fair_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": 34.995575, "volume": 36112, "typical_volume": null, "trend": null, "fair_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": 35.216047, "volume": 14309, "typical_volume": null, "trend": null, "fair_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": 34.546542, "volume": 21738, "typical_volume": null, "trend": null, "fair_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": 32.405659, "volume": 17883, "typical_volume": null, "trend": null, "fair_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": 34.607662, "volume": 26054, "typical_volume": null, "trend": null, "fair_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": 41.970003, "volume": 148757, "typical_volume": null, "trend": null, "fair_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": 42.325569, "volume": 54314, "typical_volume": null, "trend": null, "fair_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": 41.091603, "volume": 60894, "typical_volume": null, "trend": null, "fair_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": 37.838736, "volume": 28423, "typical_volume": null, "trend": null, "fair_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": 39.233929, "volume": 16940, "typical_volume": null, "trend": null, "fair_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": 37.488449, "volume": 23186, "typical_volume": null, "trend": null, "fair_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": 33.201659, "volume": 33559, "typical_volume": null, "trend": null, "fair_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": 34.71245, "volume": 27899, "typical_volume": null, "trend": null, "fair_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": 39.250953, "volume": 37728, "typical_volume": null, "trend": null, "fair_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": 36.319007, "volume": 110408, "typical_volume": null, "trend": null, "fair_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": 33.283719, "volume": 52614, "typical_volume": null, "trend": null, "fair_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": 28.642555, "volume": 53762, "typical_volume": null, "trend": null, "fair_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": 29.004676, "volume": 24311, "typical_volume": null, "trend": null, "fair_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": 30.362158, "volume": 13904, "typical_volume": null, "trend": null, "fair_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": 27.61757, "volume": 19737, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 24.412459, "volume": 10864, "typical_volume": null, "trend": null, "fair_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": 26.541851, "volume": 19933, "typical_volume": null, "trend": null, "fair_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": 27.91457, "volume": 22903, "typical_volume": null, "trend": null, "fair_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": 29.616636, "volume": 23707, "typical_volume": null, "trend": null, "fair_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": 26.556832, "volume": 20736, "typical_volume": null, "trend": null, "fair_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": 26.873837, "volume": 26761, "typical_volume": null, "trend": null, "fair_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": 28.983224, "volume": 54682, "typical_volume": null, "trend": null, "fair_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": 26.948235, "volume": 40373, "typical_volume": null, "trend": null, "fair_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": 27.304482, "volume": 69776, "typical_volume": null, "trend": null, "fair_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": 32.117512, "volume": 62897, "typical_volume": null, "trend": null, "fair_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": 33.573653, "volume": 138867, "typical_volume": null, "trend": null, "fair_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": 35.752332, "volume": 82796, "typical_volume": null, "trend": null, "fair_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": 38.901943, "volume": 78693, "typical_volume": null, "trend": null, "fair_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": 43.50148, "volume": 51007, "typical_volume": null, "trend": null, "fair_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": 42.030953, "volume": 54905, "typical_volume": null, "trend": null, "fair_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": 36.169443, "volume": 54009, "typical_volume": null, "trend": null, "fair_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": 36.199746, "volume": 68231, "typical_volume": null, "trend": null, "fair_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": 36.17543, "volume": 23136, "typical_volume": null, "trend": null, "fair_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": 31.953113, "volume": 20896, "typical_volume": null, "trend": null, "fair_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": 31.971667, "volume": 18329, "typical_volume": null, "trend": null, "fair_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": 31.9911, "volume": 13031, "typical_volume": null, "trend": null, "fair_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": 32.01063, "volume": 12273, "typical_volume": null, "trend": null, "fair_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": 32.024985, "volume": 12160, "typical_volume": null, "trend": null, "fair_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": 32.034946, "volume": 11122, "typical_volume": null, "trend": null, "fair_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": 32.035043, "volume": 9692, "typical_volume": null, "trend": null, "fair_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": 30.536071, "volume": 11792, "typical_volume": null, "trend": null, "fair_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": 30.545836, "volume": 9626, "typical_volume": null, "trend": null, "fair_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": 30.58978, "volume": 10576, "typical_volume": null, "trend": null, "fair_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": 30.599545, "volume": 1510, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 27.353367, "volume": 9852, "typical_volume": null, "trend": null, "fair_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": 26.698311, "volume": 3039, "typical_volume": null, "trend": null, "fair_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": 26.708467, "volume": 24604, "typical_volume": 24924.15, "trend": 31.855772, "fair_value": 31.703587, "relative_strength": -15.120323, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.108098, "energy": 98.281353, "activity_lines": [ 27.612303, 28.92737, 30.783176, 31.727876 ] }, { "date": "2025-04-18", "close": 26.716279, "volume": 867, "typical_volume": 21032.85, "trend": 31.815829, "fair_value": 31.642015, "relative_strength": -13.291875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.022534, "energy": 94.056574, "activity_lines": [ 27.054432, 28.346215, 30.184575, 31.396296 ] }, { "date": "2025-04-25", "close": 26.922913, "volume": 5634, "typical_volume": 18764.2, "trend": 31.726039, "fair_value": 31.584465, "relative_strength": -15.878243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.661618, "energy": 89.021317, "activity_lines": [ 26.823671, 27.899151, 29.66368, 31.080624 ] }, { "date": "2025-05-02", "close": 27.443207, "volume": 2908, "typical_volume": 16164.35, "trend": 31.755584, "fair_value": 31.53457, "relative_strength": -16.136366, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.226586, "energy": 88.02617, "activity_lines": [ 27.011451, 27.639632, 29.271283, 30.804312 ] }, { "date": "2025-05-09", "close": 34.687004, "volume": 5663, "typical_volume": 13747.05, "trend": 32.016023, "fair_value": 31.572099, "relative_strength": 6.509227, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -11.467568, "energy": 18.243162, "activity_lines": [ 29.607841, 28.780655, 29.638236, 30.993436 ] }, { "date": "2025-05-16", "close": 38.57027, "volume": 20737, "typical_volume": 11372.35, "trend": 32.335591, "fair_value": 31.654431, "relative_strength": 12.529694, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.044447, "energy": 51.809681, "activity_lines": [ 32.966073, 30.552255, 30.382083, 31.416291 ] }, { "date": "2025-05-23", "close": 38.090013, "volume": 19337, "typical_volume": 11182.4, "trend": 32.706984, "fair_value": 31.729263, "relative_strength": 14.578315, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.679089, "energy": 60.715504, "activity_lines": [ 35.373432, 32.090636, 31.068904, 31.787544 ] }, { "date": "2025-05-30", "close": 38.176436, "volume": 12733, "typical_volume": 10774.25, "trend": 33.069382, "fair_value": 31.803368, "relative_strength": 13.462616, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.608007, "energy": 60.132821, "activity_lines": [ 37.05135, 33.508363, 31.754838, 32.140412 ] }, { "date": "2025-06-06", "close": 36.791522, "volume": 16908, "typical_volume": 10703.2, "trend": 33.225183, "fair_value": 31.860052, "relative_strength": 8.169053, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.806486, "energy": 74.176034, "activity_lines": [ 37.517396, 34.536526, 32.279241, 32.38055 ] }, { "date": "2025-06-13", "close": 34.812293, "volume": 9137, "typical_volume": 10508.5, "trend": 33.266471, "fair_value": 31.893223, "relative_strength": 3.146168, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.991549, "energy": 58.735801, "activity_lines": [ 36.700477, 35.033226, 32.592194, 32.482944 ] }, { "date": "2025-06-20", "close": 34.779091, "volume": 3372, "typical_volume": 10063.45, "trend": 33.234029, "fair_value": 31.925288, "relative_strength": 3.721043, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.627618, "energy": 37.309488, "activity_lines": [ 35.864139, 35.376363, 32.88855, 32.580532 ] }, { "date": "2025-06-27", "close": 34.793739, "volume": 4554, "typical_volume": 9683.15, "trend": 33.097089, "fair_value": 31.95681, "relative_strength": 0.735189, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.921895, "energy": 23.167132, "activity_lines": [ 35.285428, 35.575424, 33.173119, 32.681159 ] }, { "date": "2025-07-04", "close": 34.375491, "volume": 2151, "typical_volume": 9234.6, "trend": 32.79289, "fair_value": 31.9831, "relative_strength": -1.946536, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 12.146878, "energy": 14.743863, "activity_lines": [ 34.787053, 35.551577, 33.40467, 32.763636 ] }, { "date": "2025-07-11", "close": 40.166017, "volume": 8237, "typical_volume": 9161.85, "trend": 32.730725, "fair_value": 32.071088, "relative_strength": 14.821502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.115711, "energy": 44.917397, "activity_lines": [ 36.472249, 36.445052, 34.176554, 33.239322 ] }, { "date": "2025-07-18", "close": 47.453074, "volume": 19738, "typical_volume": 9559.15, "trend": 33.106846, "fair_value": 32.234726, "relative_strength": 34.647848, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 88.191938, "energy": 80.47572, "activity_lines": [ 40.361499, 38.432122, 35.603725, 34.189151 ] }, { "date": "2025-07-25", "close": 48.616609, "volume": 26419, "typical_volume": 10398.8, "trend": 33.520742, "fair_value": 32.407167, "relative_strength": 35.481073, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.297068, "energy": 92.444442, "activity_lines": [ 43.795874, 40.398633, 37.061151, 35.189781 ] }, { "date": "2025-08-01", "close": 46.580936, "volume": 38204, "typical_volume": 11780.2, "trend": 33.867592, "fair_value": 32.554811, "relative_strength": 32.490624, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.772613, "energy": 88.650285, "activity_lines": [ 45.629191, 41.812362, 38.238652, 36.032374 ] }, { "date": "2025-08-08", "close": 48.802051, "volume": 17600, "typical_volume": 12584.7, "trend": 34.429223, "fair_value": 32.722308, "relative_strength": 34.42613, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.986556, "energy": 91.332528, "activity_lines": [ 47.417066, 43.475549, 39.55154, 36.995887 ] }, { "date": "2025-08-15", "close": 52.681216, "volume": 28922, "typical_volume": 13538.2, "trend": 35.119541, "fair_value": 32.92597, "relative_strength": 42.311481, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.542631, "energy": 94.174715, "activity_lines": [ 49.536226, 45.650846, 41.147194, 38.173435 ] }, { "date": "2025-08-22", "close": 58.083083, "volume": 33235, "typical_volume": 15048.0, "trend": 35.989274, "fair_value": 33.180083, "relative_strength": 54.623509, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.5352, "energy": 95.096652, "activity_lines": [ 52.621661, 48.519398, 43.136702, 39.654954 ] }, { "date": "2025-08-29", "close": 51.772458, "volume": 30164, "typical_volume": 15326.0, "trend": 36.648002, "fair_value": 33.366006, "relative_strength": 36.497042, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.672445, "energy": 78.750174, "activity_lines": [ 52.894887, 49.817457, 44.375747, 40.673224 ] }, { "date": "2025-09-05", "close": 50.764875, "volume": 17827, "typical_volume": 16174.0, "trend": 37.272665, "fair_value": 33.538272, "relative_strength": 31.976562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.919901, "energy": 65.719581, "activity_lines": [ 52.621863, 50.623349, 45.399479, 41.58399 ] }, { "date": "2025-09-12", "close": 51.015746, "volume": 12244, "typical_volume": 16504.5, "trend": 37.905358, "fair_value": 33.70962, "relative_strength": 29.330409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.812321, "energy": 63.377702, "activity_lines": [ 52.153532, 51.18447, 46.332587, 42.470641 ] }, { "date": "2025-09-19", "close": 50.322117, "volume": 21127, "typical_volume": 17415.45, "trend": 38.514927, "fair_value": 33.870907, "relative_strength": 24.972682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.612205, "energy": 47.480201, "activity_lines": [ 51.306413, 51.316927, 47.084907, 43.271722 ] }, { "date": "2025-09-26", "close": 46.829462, "volume": 43254, "typical_volume": 19295.0, "trend": 39.05804, "fair_value": 33.995508, "relative_strength": 15.956366, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.802143, "energy": 33.427458, "activity_lines": [ 49.452348, 50.629699, 47.395646, 43.808143 ] }, { "date": "2025-10-03", "close": 46.82458, "volume": 13146, "typical_volume": 18915.45, "trend": 39.600665, "fair_value": 34.11769, "relative_strength": 13.836634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.903944, "energy": 23.626449, "activity_lines": [ 48.346898, 49.952921, 47.648099, 44.30921 ] }, { "date": "2025-10-10", "close": 39.430202, "volume": 17397, "typical_volume": 18818.45, "trend": 39.895346, "fair_value": 34.167808, "relative_strength": -2.175176, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.020812, "energy": 19.002926, "activity_lines": [ 45.106513, 47.964294, 47.157019, 44.298213 ] }, { "date": "2025-10-17", "close": 42.054234, "volume": 7104, "typical_volume": 18537.0, "trend": 40.277169, "fair_value": 34.241513, "relative_strength": 2.131983, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.293139, "energy": 24.935231, "activity_lines": [ 43.496451, 46.582777, 46.909465, 44.437496 ] }, { "date": "2025-10-24", "close": 42.063999, "volume": 4714, "typical_volume": 17927.3, "trend": 40.767523, "fair_value": 34.313943, "relative_strength": -0.24859, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.277579, "energy": 28.890248, "activity_lines": [ 42.487077, 45.325722, 46.644375, 44.552775 ] }, { "date": "2025-10-31", "close": 38.406897, "volume": 31302, "typical_volume": 19035.55, "trend": 41.157809, "fair_value": 34.351493, "relative_strength": -9.783982, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.823501, "energy": 51.850149, "activity_lines": [ 40.809211, 43.596781, 46.005883, 44.400477 ] }, { "date": "2025-11-07", "close": 38.309244, "volume": 38951, "typical_volume": 20814.5, "trend": 41.544502, "fair_value": 34.387473, "relative_strength": -8.60359, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.887616, "energy": 64.650606, "activity_lines": [ 39.660298, 42.207833, 45.340974, 44.216698 ] }, { "date": "2025-11-14", "close": 38.448986, "volume": 6353, "typical_volume": 20904.45, "trend": 41.935592, "fair_value": 34.424063, "relative_strength": -8.378984, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.460942, "energy": 68.843649, "activity_lines": [ 39.125655, 41.089079, 44.672563, 44.016988 ] }, { "date": "2025-11-21", "close": 38.455821, "volume": 11443, "typical_volume": 21369.05, "trend": 42.320022, "fair_value": 34.460061, "relative_strength": -6.499546, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.613677, "energy": 73.452639, "activity_lines": [ 38.658705, 40.195492, 43.987397, 43.792486 ] }, { "date": "2025-11-28", "close": 38.489707, "volume": 4222, "typical_volume": 21168.3, "trend": 42.688239, "fair_value": 34.495721, "relative_strength": -9.501397, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.533171, "energy": 76.823248, "activity_lines": [ 38.442944, 39.536429, 43.286028, 43.545369 ] }, { "date": "2025-12-05", "close": 37.08204, "volume": 4195, "typical_volume": 20391.15, "trend": 42.768074, "fair_value": 34.518408, "relative_strength": -12.607883, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.737653, "energy": 79.293456, "activity_lines": [ 37.996247, 38.836561, 42.458578, 43.183679 ] }, { "date": "2025-12-12", "close": 37.664735, "volume": 18178, "typical_volume": 19979.1, "trend": 42.737889, "fair_value": 34.545768, "relative_strength": -10.300366, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.685438, "energy": 67.93066, "activity_lines": [ 37.832106, 38.419864, 41.736009, 42.854431 ] }, { "date": "2025-12-19", "close": 36.165665, "volume": 14368, "typical_volume": 18787.3, "trend": 42.673744, "fair_value": 34.559732, "relative_strength": -13.739017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.234135, "energy": 76.608326, "activity_lines": [ 37.211241, 37.897151, 40.922823, 42.430417 ] }, { "date": "2025-12-26", "close": 36.185, "volume": 6542, "typical_volume": 18234.4, "trend": 42.607363, "fair_value": 34.573623, "relative_strength": -14.664866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.243386, "energy": 76.487882, "activity_lines": [ 36.749043, 37.437308, 40.161074, 42.011788 ] }, { "date": "2026-01-02", "close": 36.1952, "volume": 9886, "typical_volume": 17282.6, "trend": 42.587486, "fair_value": 34.587366, "relative_strength": -13.509153, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.031883, "energy": 73.182979, "activity_lines": [ 36.441634, 37.086034, 39.460379, 41.5981 ] }, { "date": "2026-01-09", "close": 35.4852, "volume": 4362, "typical_volume": 15838.95, "trend": 42.609916, "fair_value": 34.59491, "relative_strength": -16.417654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.446085, "energy": 90.78823, "activity_lines": [ 36.050524, 36.712374, 38.770569, 41.139888 ] }, { "date": "2026-01-16", "close": 37.9803, "volume": 4540, "typical_volume": 14557.75, "trend": 42.716623, "fair_value": 34.623122, "relative_strength": -10.251057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.314931, "energy": 78.272079, "activity_lines": [ 36.597571, 36.84549, 38.425997, 40.841203 ] }, { "date": "2026-01-23", "close": 35.02, "volume": 32760, "typical_volume": 15304.4, "trend": 42.724165, "fair_value": 34.626402, "relative_strength": -16.891246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.333703, "energy": 66.368656, "activity_lines": [ 36.136813, 36.446351, 37.865168, 40.344647 ] }, { "date": "2026-01-30", "close": 35.0489, "volume": 5456, "typical_volume": 14965.0, "trend": 42.746612, "fair_value": 34.629865, "relative_strength": -17.069546, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.133858, "energy": 67.140223, "activity_lines": [ 35.762067, 36.114812, 37.382068, 39.849469 ] }, { "date": "2026-02-06", "close": 35.0499, "volume": 7912, "typical_volume": 14304.25, "trend": 42.576075, "fair_value": 34.63328, "relative_strength": -16.821799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.237922, "energy": 64.613638, "activity_lines": [ 35.463393, 35.845398, 36.975095, 39.352907 ] }, { "date": "2026-02-13", "close": 35.0697, "volume": 5915, "typical_volume": 12437.3, "trend": 42.163295, "fair_value": 34.6368, "relative_strength": -15.646358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.360702, "energy": 65.726384, "activity_lines": [ 35.247673, 35.642127, 36.642733, 38.868624 ] }, { "date": "2026-02-20", "close": 35.08, "volume": 2425, "typical_volume": 11901.25, "trend": 41.712075, "fair_value": 34.640345, "relative_strength": -16.478835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.31657, "energy": 62.498112, "activity_lines": [ 35.063087, 35.477316, 36.36735, 38.411638 ] }, { "date": "2026-02-27", "close": 35.105, "volume": 2107, "typical_volume": 11136.75, "trend": 41.329544, "fair_value": 34.644033, "relative_strength": -15.97845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.000275, "energy": 57.541292, "activity_lines": [ 35.080187, 35.364045, 36.150275, 37.985375 ] }, { "date": "2026-03-06", "close": 34.0809, "volume": 12251, "typical_volume": 11394.1, "trend": 40.838839, "fair_value": 34.639599, "relative_strength": -16.700279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.438354, "energy": 56.851094, "activity_lines": [ 34.750253, 35.08386, 35.856263, 37.51772 ] }, { "date": "2026-03-13", "close": 36.1879, "volume": 4522, "typical_volume": 11384.5, "trend": 40.289062, "fair_value": 34.651695, "relative_strength": -10.193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.30654, "energy": 44.451943, "activity_lines": [ 35.187187, 35.225022, 35.800886, 37.21766 ] }, { "date": "2026-03-20", "close": 36.6417, "volume": 8118, "typical_volume": 10225.3, "trend": 39.574349, "fair_value": 34.667121, "relative_strength": -7.44694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.335493, "energy": 28.065325, "activity_lines": [ 35.69952, 35.448825, 35.816709, 36.982346 ] }, { "date": "2026-03-27", "close": 34.135, "volume": 4451, "typical_volume": 8500.3, "trend": 38.986434, "fair_value": 34.663028, "relative_strength": -11.921805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.930187, "energy": 32.168785, "activity_lines": [ 35.271487, 35.195838, 35.602205, 36.63142 ] }, { "date": "2026-04-03", "close": 34.1601, "volume": 2235, "typical_volume": 8294.4, "trend": 38.432941, "fair_value": 34.659189, "relative_strength": -14.742449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.466633, "energy": 33.108397, "activity_lines": [ 34.91482, 35.017329, 35.409969, 36.320044 ] }, { "date": "2026-04-10", "close": 34.8456, "volume": 5855, "typical_volume": 8015.0, "trend": 37.893936, "fair_value": 34.660601, "relative_strength": -16.074319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.594578, "energy": 33.096199, "activity_lines": [ 34.849647, 34.979091, 35.303441, 36.088603 ] }, { "date": "2026-04-17", "close": 37.537, "volume": 3325, "typical_volume": 7970.15, "trend": 37.467766, "fair_value": 34.682228, "relative_strength": -13.539432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.51092, "energy": 14.610866, "activity_lines": [ 35.630627, 35.433895, 35.470429, 36.065574 ] }, { "date": "2026-04-24", "close": 35.7659, "volume": 2965, "typical_volume": 7908.65, "trend": 37.09898, "fair_value": 34.690315, "relative_strength": -18.073901, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.625809, "energy": 10.106073, "activity_lines": [ 35.7313, 35.52146, 35.473277, 35.955777 ] }, { "date": "2026-05-01", "close": 34.315, "volume": 3499, "typical_volume": 7174.7, "trend": 36.681994, "fair_value": 34.687535, "relative_strength": -22.095915, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.093695, "energy": 18.730476, "activity_lines": [ 35.406727, 35.332567, 35.344212, 35.776165 ] }, { "date": "2026-05-08", "close": 33.4752, "volume": 5392, "typical_volume": 6725.9, "trend": 36.483494, "fair_value": 34.678621, "relative_strength": -25.356672, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.724682, "energy": 27.628944, "activity_lines": [ 34.79022, 35.004893, 35.151117, 35.569275 ] }, { "date": "2026-05-15", "close": 32.565, "volume": 2030, "typical_volume": 6500.3, "trend": 36.167186, "fair_value": 34.663193, "relative_strength": -27.040053, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.535527, "energy": 56.533608, "activity_lines": [ 33.915973, 34.54136, 34.884148, 35.316469 ] }, { "date": "2026-05-22", "close": 32.58, "volume": 3202, "typical_volume": 6166.1, "trend": 35.851053, "fair_value": 34.648097, "relative_strength": -27.109762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.86096, "energy": 66.280267, "activity_lines": [ 33.198767, 34.108116, 34.635846, 35.085038 ] }, { "date": "2026-05-29", "close": 32.5955, "volume": 2862, "typical_volume": 6091.1, "trend": 35.65734, "fair_value": 34.633331, "relative_strength": -27.599149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.928354, "energy": 68.250877, "activity_lines": [ 32.817193, 33.743289, 34.406235, 34.875002 ] }, { "date": "2026-06-05", "close": 32.615, "volume": 1810, "typical_volume": 5954.6, "trend": 35.467532, "fair_value": 34.618914, "relative_strength": -25.264424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.511716, "energy": 70.525835, "activity_lines": [ 32.65348, 33.455575, 34.192241, 34.678722 ] }, { "date": "2026-06-12", "close": 32.6448, "volume": 4472, "typical_volume": 4540.2, "trend": 35.274059, "fair_value": 34.604913, "relative_strength": -25.256029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.984727, "energy": 68.709475, "activity_lines": [ 32.613033, 33.200915, 34.006635, 34.49661 ] }, { "date": "2026-06-19", "close": 32.6538, "volume": 3131, "typical_volume": 4423.95, "trend": 35.080658, "fair_value": 34.591173, "relative_strength": -25.549342, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.307369, "energy": 69.109104, "activity_lines": [ 32.630947, 32.975442, 33.833197, 34.327561 ] }, { "date": "2026-06-26", "close": 29.2599, "volume": 1874, "typical_volume": 4122.05, "trend": 34.772998, "fair_value": 34.553891, "relative_strength": -31.278953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.882788, "energy": 92.672159, "activity_lines": [ 31.51164, 32.172747, 33.347935, 33.952028 ] }, { "date": "2026-07-03", "close": 29.2651, "volume": 1751, "typical_volume": 3913.85, "trend": 34.512433, "fair_value": 34.517164, "relative_strength": -32.361274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.532547, "energy": 94.215353, "activity_lines": [ 30.615407, 31.521491, 32.89074, 33.59668 ] }, { "date": "2026-07-10", "close": 29.2743, "volume": 2386, "typical_volume": 3911.9, "trend": 34.232752, "fair_value": 34.481006, "relative_strength": -32.664266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.08933, "energy": 92.159537, "activity_lines": [ 29.944267, 30.990104, 32.462061, 33.258736 ] }, { "date": "2026-07-17", "close": 30.0719, "volume": 1743, "typical_volume": 3893.7, "trend": 34.029627, "fair_value": 34.450806, "relative_strength": -28.889913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.680013, "energy": 87.468129, "activity_lines": [ 29.761707, 30.695384, 32.136991, 32.990294 ] }, { "date": "2026-07-24", "close": 30.3202, "volume": 5091, "typical_volume": 3535.7, "trend": 33.834133, "fair_value": 34.422707, "relative_strength": -26.988334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.214755, "energy": 84.56797, "activity_lines": [ 29.83344, 30.507687, 31.859536, 32.750976 ] }, { "date": "2026-07-31", "close": 30.385, "volume": 3744, "typical_volume": 3496.8, "trend": 33.64046, "fair_value": 34.395425, "relative_strength": -26.746414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.686893, "energy": 63.039121, "activity_lines": [ 30.082347, 30.372587, 31.60616, 32.528451 ] }, { "date": "2026-08-07", "close": 30.425, "volume": 790, "typical_volume": 3130.4, "trend": 33.471787, "fair_value": 34.368778, "relative_strength": -28.190771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.056231, "energy": 56.345628, "activity_lines": [ 30.26958, 30.284669, 31.384227, 32.321002 ] } ], "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." } } }