{ "ticker": { "uuid": "c6bffa57-110a-40ca-a650-b9b45631b81b", "symbol": "HAG", "name": "Hensoldt AG", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 61.201, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 47.455, "architecture_energy": 43.443, "architecture_maturity": 19.215, "architecture_confidence": 65.852, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 46.09, "rotation_up": 64.45, "upward_expansion": 49.52, "deceleration": 34.1, "rotation_down": 16.94, "downward_expansion": 12.52 }, "activity_lines": [ 83.282668, 79.132728, 78.352878, 77.969703 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 91.440002, "trend_reference": 78.476776, "distance_from_trend": 0.165186, "trend_direction": "Improving", "fair_value": 71.008478, "distance_from_fair_value": 0.287734, "fair_value_direction": "Improving", "relative_strength": -9.905181, "relative_strength_direction": "Improving", "price_momentum": 0.183362, "excess_performance": 0.009116, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.165186, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.001379, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.287734, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.220554, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.099052, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.169044, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.183362, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.439716, "read": "Demand-led" } ], "volume": { "latest": 3522, "relative_activity": 6.152502, "balance": 4.439716, "dry_up": 3.795528, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.087606, "annualized_volatility": 0.67074, "from_high_reference": -0.211599, "from_low_reference": 0.437284 }, "levels": { "trend_reference": 78.476776, "fair_value_reference": 71.008478, "structural_low": 63.619999, "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": 3, "median_return": -0.023692, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.035727, "regime_survival": 0.666667, "best_return": 0.051809, "worst_return": -0.027296, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.027599, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.143052, "regime_survival": 0.0, "best_return": -0.027599, "worst_return": -0.027599, "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": "balance", "label": "Balance", "color": "blue", "start": "2026-04-10", "end": "2026-06-26", "tenure": "Developing", "return": -0.152292, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": 0.003147, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.14759, "active": true } ], "chart_path": [ { "date": "2024-10-04", "close": 29.861149, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 27.944187, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 29.703049, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 31.5212, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 30.96785, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 32.944103, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 33.932228, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 36.125866, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 36.30373, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 37.469715, "volume": 54, "typical_volume": null, "trend": null, "fair_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": 35.078453, "volume": 1351, "typical_volume": null, "trend": null, "fair_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": 33.596264, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 34.189137, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 33.477688, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 36.797791, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 36.204914, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 37.983536, "volume": 217, "typical_volume": null, "trend": null, "fair_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": 38.220688, "volume": 15, "typical_volume": null, "trend": null, "fair_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": 36.264202, "volume": 434, "typical_volume": null, "trend": null, "fair_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": 39.880745, "volume": 150, "typical_volume": null, "trend": null, "fair_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": 44.959705, "volume": 986, "typical_volume": null, "trend": null, "fair_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": 52.024803, "volume": 1137, "typical_volume": null, "trend": null, "fair_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": 63.832905, "volume": 3268, "typical_volume": null, "trend": null, "fair_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": 70.947411, "volume": 947, "typical_volume": null, "trend": null, "fair_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": 66.402023, "volume": 2642, "typical_volume": null, "trend": null, "fair_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": 62.498932, "volume": 304, "typical_volume": null, "trend": null, "fair_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": 57.558304, "volume": 1817, "typical_volume": null, "trend": null, "fair_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": 61.362587, "volume": 123, "typical_volume": null, "trend": null, "fair_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": 64.969246, "volume": 39, "typical_volume": null, "trend": null, "fair_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": 63.585869, "volume": 131, "typical_volume": null, "trend": null, "fair_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": 68.971153, "volume": 525, "typical_volume": null, "trend": null, "fair_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": 72.08374, "volume": 737, "typical_volume": null, "trend": null, "fair_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": 71.935532, "volume": 469, "typical_volume": null, "trend": null, "fair_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": 76.974968, "volume": 750, "typical_volume": null, "trend": null, "fair_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": 91.731781, "volume": 736, "typical_volume": null, "trend": null, "fair_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": 98.738373, "volume": 1844, "typical_volume": null, "trend": null, "fair_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": 94.266075, "volume": 1361, "typical_volume": null, "trend": null, "fair_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": 93.868538, "volume": 271, "typical_volume": null, "trend": null, "fair_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": 93.669769, "volume": 485, "typical_volume": null, "trend": null, "fair_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": 96.750687, "volume": 195, "typical_volume": null, "trend": null, "fair_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": 101.570824, "volume": 239, "typical_volume": null, "trend": null, "fair_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": 103.16098, "volume": 100, "typical_volume": null, "trend": null, "fair_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": 96.601608, "volume": 58, "typical_volume": null, "trend": null, "fair_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": 90.837318, "volume": 821, "typical_volume": null, "trend": null, "fair_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": 84.87426, "volume": 906, "typical_volume": null, "trend": null, "fair_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": 84.327637, "volume": 350, "typical_volume": null, "trend": null, "fair_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": 85.868103, "volume": 101, "typical_volume": null, "trend": null, "fair_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": 88.949013, "volume": 12, "typical_volume": null, "trend": null, "fair_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": 89.29686, "volume": 35, "typical_volume": null, "trend": null, "fair_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": 90.936699, "volume": 4, "typical_volume": null, "trend": null, "fair_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": 93.222542, "volume": 45, "typical_volume": null, "trend": null, "fair_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": 102.465286, "volume": 780, "typical_volume": null, "trend": null, "fair_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": 113.496948, "volume": 239, "typical_volume": null, "trend": null, "fair_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": 104.949898, "volume": 238, "typical_volume": null, "trend": null, "fair_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": 90.241013, "volume": 140, "typical_volume": null, "trend": null, "fair_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": 97.346992, "volume": 68, "typical_volume": null, "trend": null, "fair_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": 92.576546, "volume": 10, "typical_volume": null, "trend": null, "fair_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": 90.737938, "volume": 83, "typical_volume": null, "trend": null, "fair_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": 83.63195, "volume": 15, "typical_volume": null, "trend": null, "fair_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": 72.898438, "volume": 321, "typical_volume": null, "trend": null, "fair_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": 67.780136, "volume": 390, "typical_volume": null, "trend": null, "fair_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": 67.680756, "volume": 104, "typical_volume": null, "trend": null, "fair_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": 72.699669, "volume": 3, "typical_volume": null, "trend": null, "fair_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": 73.395355, "volume": 434, "typical_volume": null, "trend": null, "fair_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": 72.997818, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-02", "close": 75.979347, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-09", "close": 89.39624, "volume": 443, "typical_volume": null, "trend": null, "fair_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": 91.632393, "volume": 28, "typical_volume": null, "trend": null, "fair_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": 86.414711, "volume": 47, "typical_volume": null, "trend": null, "fair_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": 82.886566, "volume": 84, "typical_volume": null, "trend": null, "fair_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": 77.271347, "volume": 1339, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-13", "close": 80.054115, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-20", "close": 83.58226, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-27", "close": 73.544434, "volume": 1663, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-06", "close": 73.991661, "volume": 2522, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-13", "close": 78.16581, "volume": 218, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-20", "close": 74.886124, "volume": 19, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-27", "close": 66.786293, "volume": 180, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-04-03", "close": 82.24057, "volume": 5, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-04-10", "close": 76.347076, "volume": 49, "typical_volume": 381.4, "trend": 82.976674, "fair_value": 69.51653, "relative_strength": -25.24785, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -47.48202, "energy": 27.240907, "activity_lines": [ 75.932973, 76.06157, 77.872388, 79.096495 ] }, { "date": "2026-04-17", "close": 83.423248, "volume": 0, "typical_volume": 361.9, "trend": 82.650031, "fair_value": 69.688218, "relative_strength": -20.067603, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -16.795392, "energy": 7.997703, "activity_lines": [ 78.512331, 77.286348, 78.447303, 79.125306 ] }, { "date": "2026-04-24", "close": 72.133179, "volume": 47, "typical_volume": 359.05, "trend": 81.638961, "fair_value": 69.718035, "relative_strength": -28.190499, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -41.638422, "energy": 21.028692, "activity_lines": [ 76.977837, 76.346534, 77.872483, 78.446799 ] }, { "date": "2026-05-01", "close": 75.65139, "volume": 168, "typical_volume": 367.3, "trend": 80.377442, "fair_value": 69.789521, "relative_strength": -24.914457, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -33.303856, "energy": 14.360691, "activity_lines": [ 76.799609, 76.190411, 77.611529, 78.060504 ] }, { "date": "2026-05-08", "close": 74.538277, "volume": 262, "typical_volume": 358.7, "trend": 79.363722, "fair_value": 69.846054, "relative_strength": -26.809558, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -45.689102, "energy": 20.646035, "activity_lines": [ 75.659337, 75.976101, 77.230508, 77.683784 ] }, { "date": "2026-05-15", "close": 73.643822, "volume": 241, "typical_volume": 370.75, "trend": 78.810482, "fair_value": 69.890733, "relative_strength": -27.100309, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -51.465864, "energy": 33.378683, "activity_lines": [ 74.7344, 75.581094, 76.758858, 77.314758 ] }, { "date": "2026-05-22", "close": 88.789993, "volume": 71, "typical_volume": 374.3, "trend": 78.525249, "fair_value": 70.110492, "relative_strength": -13.649478, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 21.526792, "energy": 11.492266, "activity_lines": [ 79.038403, 77.94626, 77.726625, 77.958598 ] }, { "date": "2026-05-29", "close": 87.879997, "volume": 464, "typical_volume": 375.35, "trend": 78.368697, "fair_value": 70.314739, "relative_strength": -16.240831, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 48.523575, "energy": 41.04414, "activity_lines": [ 82.681291, 79.952806, 78.546722, 78.56213 ] }, { "date": "2026-06-05", "close": 78.400002, "volume": 282, "typical_volume": 388.05, "trend": 77.957433, "fair_value": 70.406617, "relative_strength": -23.681091, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 34.40212, "energy": 33.475846, "activity_lines": [ 82.114393, 79.999463, 78.471183, 78.564149 ] }, { "date": "2026-06-12", "close": 75.300003, "volume": 0, "typical_volume": 385.7, "trend": 77.679701, "fair_value": 70.461599, "relative_strength": -27.95409, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 24.298795, "energy": 21.034315, "activity_lines": [ 80.330921, 79.271327, 78.163417, 78.392702 ] }, { "date": "2026-06-19", "close": 72.459999, "volume": 0, "typical_volume": 381.5, "trend": 77.665086, "fair_value": 70.483804, "relative_strength": -32.709196, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -17.81497, "energy": 8.161908, "activity_lines": [ 77.55, 78.153018, 77.638102, 78.055947 ] }, { "date": "2026-06-26", "close": 64.720001, "volume": 987, "typical_volume": 363.9, "trend": 77.563082, "fair_value": 70.420465, "relative_strength": -37.955389, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -71.790672, "energy": 51.868841, "activity_lines": [ 72.268001, 75.69811, 76.425294, 77.220781 ] }, { "date": "2026-07-03", "close": 76.260002, "volume": 2, "typical_volume": 364.0, "trend": 77.849057, "fair_value": 70.483939, "relative_strength": -27.779581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.351241, "energy": 47.243031, "activity_lines": [ 72.437335, 75.681444, 76.371303, 77.136711 ] }, { "date": "2026-07-10", "close": 74.239998, "volume": 0, "typical_volume": 359.0, "trend": 77.900401, "fair_value": 70.524326, "relative_strength": -27.84707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.430091, "energy": 47.732377, "activity_lines": [ 72.708, 75.222471, 76.142997, 76.903868 ] }, { "date": "2026-07-17", "close": 76.5, "volume": 454, "typical_volume": 298.55, "trend": 78.003889, "fair_value": 70.587897, "relative_strength": -23.227408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.610963, "energy": 40.30311, "activity_lines": [ 74.009333, 75.200069, 76.174417, 76.81352 ] }, { "date": "2026-07-24", "close": 79.68, "volume": 0, "typical_volume": 172.45, "trend": 78.226629, "fair_value": 70.683604, "relative_strength": -20.304223, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.020236, "energy": 12.207465, "activity_lines": [ 76.290667, 75.720182, 76.49462, 76.921656 ] }, { "date": "2026-07-31", "close": 81.440002, "volume": 4715, "typical_volume": 397.3, "trend": 78.40865, "fair_value": 70.795649, "relative_strength": -17.776322, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.078326, "energy": 12.361262, "activity_lines": [ 78.677334, 76.450546, 76.955354, 77.128971 ] }, { "date": "2026-08-07", "close": 91.440002, "volume": 3522, "typical_volume": 572.45, "trend": 78.476776, "fair_value": 71.008478, "relative_strength": -9.905181, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.454671, "energy": 43.442897, "activity_lines": [ 83.282668, 79.132728, 78.352878, 77.969703 ] } ], "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." } } }