{ "ticker": { "uuid": "b3195bcd-62fc-44b1-8fb5-c765c2e327bd", "symbol": "NCP", "name": "Nice Call Public Company Limited", "exchange": "SET", "country": "TH", "assetType": "equity" }, "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": "^SET.BK", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 86.666, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 32.608, "architecture_energy": 15.618, "architecture_maturity": 46.395, "architecture_confidence": 76.547, "architecture_tenure": "New", "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": 45.89, "rotation_up": 27.0, "upward_expansion": 56.1, "deceleration": 87.22, "rotation_down": 26.28, "downward_expansion": 17.43 }, "activity_lines": [ 1.073333, 1.082364, 1.080167, 1.056614 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 1.07, "trend_reference": 1.022892, "distance_from_trend": 0.046053, "trend_direction": "Improving", "fair_value": 1.001179, "distance_from_fair_value": 0.06874, "fair_value_direction": "Weakening", "relative_strength": -8.695272, "relative_strength_direction": "Weakening", "price_momentum": 0.190968, "excess_performance": -0.001357, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.046053, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.061372, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.06874, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.014127, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.086953, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.008875, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.190968, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.234169, "read": "Demand-led" } ], "volume": { "latest": 166600, "relative_activity": 0.95827, "balance": 1.234169, "dry_up": 1.208335, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.053918, "annualized_volatility": 0.292066, "from_high_reference": -0.05715, "from_low_reference": 0.300483 }, "levels": { "trend_reference": 1.022892, "fair_value_reference": 1.001179, "structural_low": 0.851143, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-06", "end": "2026-02-13", "tenure": "New", "return": 0.031578, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-05-08", "tenure": "Developing", "return": 0.077543, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-10", "tenure": "Developing", "return": -0.036364, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": -0.027273, "active": true } ], "chart_path": [ { "date": "2024-08-02", "close": 1.317089, "volume": 445927100, "typical_volume": null, "trend": null, "fair_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": 1.164136, "volume": 189894600, "typical_volume": null, "trend": null, "fair_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": 1.096158, "volume": 36465100, "typical_volume": null, "trend": null, "fair_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": 1.130147, "volume": 23651000, "typical_volume": null, "trend": null, "fair_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": 1.096158, "volume": 42256200, "typical_volume": null, "trend": null, "fair_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": 1.113152, "volume": 25625100, "typical_volume": null, "trend": null, "fair_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": 1.104655, "volume": 61756700, "typical_volume": null, "trend": null, "fair_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": 1.130147, "volume": 25468700, "typical_volume": null, "trend": null, "fair_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": 1.104655, "volume": 25136300, "typical_volume": null, "trend": null, "fair_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": 1.053671, "volume": 9246300, "typical_volume": null, "trend": null, "fair_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": 1.130147, "volume": 11496200, "typical_volume": null, "trend": null, "fair_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": 1.104655, "volume": 11986600, "typical_volume": null, "trend": null, "fair_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": 1.113152, "volume": 4531000, "typical_volume": null, "trend": null, "fair_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": 1.155639, "volume": 60214100, "typical_volume": null, "trend": null, "fair_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": 0.943205, "volume": 20102400, "typical_volume": null, "trend": null, "fair_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": 0.866729, "volume": 4771900, "typical_volume": null, "trend": null, "fair_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": 0.900719, "volume": 3264800, "typical_volume": null, "trend": null, "fair_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": 0.883724, "volume": 1533300, "typical_volume": null, "trend": null, "fair_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": 0.892221, "volume": 623700, "typical_volume": null, "trend": null, "fair_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": 0.909216, "volume": 390400, "typical_volume": null, "trend": null, "fair_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": 0.875227, "volume": 360400, "typical_volume": null, "trend": null, "fair_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": 0.917713, "volume": 1037200, "typical_volume": null, "trend": null, "fair_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": 0.917713, "volume": 120800, "typical_volume": null, "trend": null, "fair_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": 0.892221, "volume": 679600, "typical_volume": null, "trend": null, "fair_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": 0.866729, "volume": 1974000, "typical_volume": null, "trend": null, "fair_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": 0.892221, "volume": 3318600, "typical_volume": null, "trend": null, "fair_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": 0.900719, "volume": 2678000, "typical_volume": null, "trend": null, "fair_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": 0.849735, "volume": 11045200, "typical_volume": null, "trend": null, "fair_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": 0.849735, "volume": 1132700, "typical_volume": null, "trend": null, "fair_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": 0.866729, "volume": 429100, "typical_volume": null, "trend": null, "fair_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": 0.892221, "volume": 579100, "typical_volume": null, "trend": null, "fair_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": 0.926211, "volume": 514500, "typical_volume": null, "trend": null, "fair_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": 0.926211, "volume": 40800, "typical_volume": null, "trend": null, "fair_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": 0.883724, "volume": 269100, "typical_volume": null, "trend": null, "fair_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": 0.909216, "volume": 3034700, "typical_volume": null, "trend": null, "fair_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": 0.900719, "volume": 859800, "typical_volume": null, "trend": null, "fair_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": 0.892221, "volume": 948600, "typical_volume": null, "trend": null, "fair_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": 0.909216, "volume": 359200, "typical_volume": null, "trend": null, "fair_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": 0.968697, "volume": 278200, "typical_volume": null, "trend": null, "fair_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": 1.011184, "volume": 465000, "typical_volume": null, "trend": null, "fair_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": 0.96432, "volume": 473300, "typical_volume": null, "trend": null, "fair_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": 1.009382, "volume": 239500, "typical_volume": null, "trend": null, "fair_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": 1.036419, "volume": 141400, "typical_volume": null, "trend": null, "fair_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": 0.96432, "volume": 372300, "typical_volume": null, "trend": null, "fair_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": 1.027406, "volume": 32100, "typical_volume": null, "trend": null, "fair_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": 0.991357, "volume": 193000, "typical_volume": null, "trend": null, "fair_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": 0.991357, "volume": 84500, "typical_volume": null, "trend": null, "fair_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": 1.009382, "volume": 33400, "typical_volume": null, "trend": null, "fair_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": 1.009382, "volume": 130900, "typical_volume": null, "trend": null, "fair_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": 1.018394, "volume": 44900, "typical_volume": null, "trend": null, "fair_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": 1.045431, "volume": 364200, "typical_volume": null, "trend": null, "fair_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": 1.018394, "volume": 914400, "typical_volume": null, "trend": null, "fair_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": 1.054443, "volume": 284600, "typical_volume": null, "trend": null, "fair_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": 1.063456, "volume": 547800, "typical_volume": null, "trend": null, "fair_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": 1.054443, "volume": 328400, "typical_volume": null, "trend": null, "fair_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": 1.08148, "volume": 949500, "typical_volume": null, "trend": null, "fair_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": 1.078114, "volume": 342400, "typical_volume": null, "trend": null, "fair_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": 1.0592, "volume": 153500, "typical_volume": null, "trend": null, "fair_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": 1.097028, "volume": 409100, "typical_volume": null, "trend": null, "fair_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": 1.115943, "volume": 1261700, "typical_volume": null, "trend": null, "fair_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": 1.106486, "volume": 794800, "typical_volume": null, "trend": null, "fair_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": 1.078114, "volume": 348200, "typical_volume": null, "trend": null, "fair_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": 1.087571, "volume": 422300, "typical_volume": null, "trend": null, "fair_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": 1.0592, "volume": 54700, "typical_volume": null, "trend": null, "fair_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": 0.993, "volume": 251700, "typical_volume": null, "trend": null, "fair_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": 1.030829, "volume": 69000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-07", "close": 0.964629, "volume": 292300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-14", "close": 0.936257, "volume": 78100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-21", "close": 0.945714, "volume": 170600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-28", "close": 0.936257, "volume": 35500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-05", "close": 0.888971, "volume": 430900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-12", "close": 0.907886, "volume": 40500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-19", "close": 0.870057, "volume": 200600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-26", "close": 0.870057, "volume": 72800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-02", "close": 0.907886, "volume": 2200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-09", "close": 0.907886, "volume": 94900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-16", "close": 0.888971, "volume": 479300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-23", "close": 0.974086, "volume": 74100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-30", "close": 0.945714, "volume": 49700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-06", "close": 0.898429, "volume": 1542500, "typical_volume": 275235.0, "trend": 0.995531, "fair_value": 0.989317, "relative_strength": -16.972589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.211308, "energy": 19.519004, "activity_lines": [ 0.925539, 0.91442, 0.928196, 0.959602 ] }, { "date": "2026-02-13", "close": 0.9268, "volume": 263800, "typical_volume": 248685.0, "trend": 0.991577, "fair_value": 0.988546, "relative_strength": -18.88621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.299191, "energy": 17.5163, "activity_lines": [ 0.9268, 0.918203, 0.925044, 0.955167 ] }, { "date": "2026-02-20", "close": 0.993, "volume": 334500, "typical_volume": 248000.0, "trend": 0.99073, "fair_value": 0.9886, "relative_strength": -15.938485, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.38011, "energy": 7.47883, "activity_lines": [ 0.948867, 0.933334, 0.929052, 0.955259 ] }, { "date": "2026-02-27", "close": 1.021371, "volume": 2081800, "typical_volume": 330975.0, "trend": 0.989628, "fair_value": 0.988995, "relative_strength": -16.136277, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.357674, "energy": 9.845899, "activity_lines": [ 0.973455, 0.952076, 0.936167, 0.957236 ] }, { "date": "2026-03-06", "close": 0.983543, "volume": 368900, "typical_volume": 346685.0, "trend": 0.986964, "fair_value": 0.98893, "relative_strength": -12.337126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.477899, "energy": 14.948458, "activity_lines": [ 0.982282, 0.96119, 0.939995, 0.956843 ] }, { "date": "2026-03-13", "close": 0.936257, "volume": 263100, "typical_volume": 347255.0, "trend": 0.983025, "fair_value": 0.98831, "relative_strength": -16.238655, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.273328, "energy": 14.246564, "activity_lines": [ 0.972825, 0.959642, 0.93968, 0.953572 ] }, { "date": "2026-03-20", "close": 0.870057, "volume": 495100, "typical_volume": 368560.0, "trend": 0.975977, "fair_value": 0.986935, "relative_strength": -23.189035, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.525353, "energy": 15.178204, "activity_lines": [ 0.938779, 0.945542, 0.93333, 0.946284 ] }, { "date": "2026-03-27", "close": 0.983543, "volume": 330900, "typical_volume": 370490.0, "trend": 0.972825, "fair_value": 0.986896, "relative_strength": -13.817152, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.18484, "energy": 9.785704, "activity_lines": [ 0.946345, 0.952764, 0.938554, 0.946772 ] }, { "date": "2026-04-03", "close": 0.993, "volume": 211400, "typical_volume": 377155.0, "trend": 0.970618, "fair_value": 0.986965, "relative_strength": -13.155469, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.606588, "energy": 8.978909, "activity_lines": [ 0.957693, 0.959986, 0.944588, 0.948073 ] }, { "date": "2026-04-10", "close": 1.002457, "volume": 129500, "typical_volume": 375100.0, "trend": 0.967466, "fair_value": 0.98714, "relative_strength": -15.142855, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.876905, "energy": 11.550161, "activity_lines": [ 0.974086, 0.968583, 0.951253, 0.950128 ] }, { "date": "2026-04-17", "close": 1.002457, "volume": 3400, "typical_volume": 373495.0, "trend": 0.963683, "fair_value": 0.98731, "relative_strength": -13.505396, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.133619, "energy": 30.421138, "activity_lines": [ 0.989217, 0.976149, 0.957648, 0.952385 ] }, { "date": "2026-04-24", "close": 0.974086, "volume": 110200, "typical_volume": 357460.0, "trend": 0.959269, "fair_value": 0.987164, "relative_strength": -14.079789, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.906949, "energy": 30.005423, "activity_lines": [ 0.990478, 0.976665, 0.961026, 0.953056 ] }, { "date": "2026-05-01", "close": 0.993, "volume": 182700, "typical_volume": 364570.0, "trend": 0.956432, "fair_value": 0.987228, "relative_strength": -14.237431, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.915118, "energy": 30.768385, "activity_lines": [ 0.991109, 0.97976, 0.965799, 0.955232 ] }, { "date": "2026-05-08", "close": 1.07, "volume": 286900, "typical_volume": 368885.0, "trend": 0.955847, "fair_value": 0.988118, "relative_strength": -7.807752, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.634007, "energy": 54.918615, "activity_lines": [ 1.016775, 0.996855, 0.977501, 0.962559 ] }, { "date": "2026-05-15", "close": 1.1, "volume": 311300, "typical_volume": 380810.0, "trend": 0.957207, "fair_value": 0.989308, "relative_strength": -6.042149, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.25165, "energy": 63.910511, "activity_lines": [ 1.047309, 1.018521, 0.991108, 0.97186 ] }, { "date": "2026-05-22", "close": 1.1, "volume": 289600, "typical_volume": 395180.0, "trend": 0.960773, "fair_value": 0.990473, "relative_strength": -6.921835, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.946818, "energy": 71.343723, "activity_lines": [ 1.071339, 1.038069, 1.003619, 0.981072 ] }, { "date": "2026-05-29", "close": 1.12, "volume": 106400, "typical_volume": 395755.0, "trend": 0.963746, "fair_value": 0.991822, "relative_strength": -6.732207, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.245906, "energy": 81.113667, "activity_lines": [ 1.095533, 1.058276, 1.017121, 0.991345 ] }, { "date": "2026-06-05", "close": 1.12, "volume": 47600, "typical_volume": 374170.0, "trend": 0.968925, "fair_value": 0.993144, "relative_strength": -7.112699, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.354916, "energy": 82.144767, "activity_lines": [ 1.11, 1.073939, 1.029613, 1.001426 ] }, { "date": "2026-06-12", "close": 1.11, "volume": 160500, "typical_volume": 378490.0, "trend": 0.974716, "fair_value": 0.994336, "relative_strength": -8.07772, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.109737, "energy": 76.033381, "activity_lines": [ 1.112667, 1.085302, 1.040052, 1.010527 ] }, { "date": "2026-06-19", "close": 1.11, "volume": 4600, "typical_volume": 376235.0, "trend": 0.980192, "fair_value": 0.995505, "relative_strength": -6.385206, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.103604, "energy": 69.838277, "activity_lines": [ 1.112667, 1.094539, 1.049844, 1.019255 ] }, { "date": "2026-06-26", "close": 1.09, "volume": 20000, "typical_volume": 300110.0, "trend": 0.985317, "fair_value": 0.99645, "relative_strength": -5.731445, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.61649, "energy": 48.505267, "activity_lines": [ 1.105333, 1.098183, 1.056948, 1.02634 ] }, { "date": "2026-07-03", "close": 1.11, "volume": 16700, "typical_volume": 287755.0, "trend": 0.992685, "fair_value": 0.997574, "relative_strength": -7.605741, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.779928, "energy": 44.163803, "activity_lines": [ 1.105333, 1.103873, 1.065046, 1.034384 ] }, { "date": "2026-07-10", "close": 1.06, "volume": 425100, "typical_volume": 292285.0, "trend": 0.997755, "fair_value": 0.998186, "relative_strength": -11.746771, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.360244, "energy": 29.390736, "activity_lines": [ 1.089333, 1.098, 1.067509, 1.038727 ] }, { "date": "2026-07-17", "close": 1.1, "volume": 372500, "typical_volume": 206820.0, "trend": 1.00542, "fair_value": 0.999174, "relative_strength": -8.931933, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.935665, "energy": 25.65116, "activity_lines": [ 1.090667, 1.098182, 1.073462, 1.045323 ] }, { "date": "2026-07-24", "close": 1.07, "volume": 48200, "typical_volume": 190785.0, "trend": 1.012085, "fair_value": 0.999855, "relative_strength": -11.236532, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.242571, "energy": 20.988261, "activity_lines": [ 1.082667, 1.092364, 1.076184, 1.04949 ] }, { "date": "2026-07-31", "close": 1.07, "volume": 253000, "typical_volume": 190280.0, "trend": 1.017489, "fair_value": 1.000523, "relative_strength": -9.744111, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.685146, "energy": 18.405498, "activity_lines": [ 1.077333, 1.087091, 1.078494, 1.053226 ] }, { "date": "2026-08-07", "close": 1.07, "volume": 166600, "typical_volume": 173855.0, "trend": 1.022892, "fair_value": 1.001179, "relative_strength": -8.695272, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.608113, "energy": 15.618024, "activity_lines": [ 1.073333, 1.082364, 1.080167, 1.056614 ] } ], "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." } } }