{ "ticker": { "uuid": "ca7a5b30-9f70-4343-ba5e-bc8d65ee320a", "symbol": "ZHOG", "name": "F/m Opportunistic Income ETF", "exchange": "NASDAQ", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 88.697, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -31.438, "architecture_energy": 28.516, "architecture_maturity": 24.03, "architecture_confidence": 69.127, "architecture_tenure": "Developing", "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": 62.46, "rotation_up": 17.35, "upward_expansion": 16.81, "deceleration": 42.44, "rotation_down": 48.09, "downward_expansion": 71.15 }, "activity_lines": [ 51.024157, 51.054419, 51.079173, 51.078066 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 51.105, "trend_reference": 51.085917, "distance_from_trend": 0.000374, "trend_direction": "Improving", "fair_value": 48.194536, "distance_from_fair_value": 0.06039, "fair_value_direction": "Weakening", "relative_strength": -12.265084, "relative_strength_direction": "Improving", "price_momentum": -0.001347, "excess_performance": -0.188801, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.000374, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.001867, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.06039, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.007226, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.122651, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.033723, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.001347, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.158639, "read": "Demand-led" } ], "volume": { "latest": 6121, "relative_activity": 0.708732, "balance": 1.158639, "dry_up": 0.694085, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.00402, "annualized_volatility": 0.022775, "from_high_reference": -0.006783, "from_low_reference": 0.029848 }, "levels": { "trend_reference": 51.085917, "fair_value_reference": 48.194536, "structural_low": 50.640208, "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": 2, "median_return": 0.002101, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.016077, "regime_survival": 1.0, "best_return": 0.003978, "worst_return": 0.000224, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": -0.002118, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.007732, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-06-06", "tenure": "Developing", "return": 0.010087, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2026-03-13", "tenure": "Extended", "return": 0.041662, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.011152, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": -0.002819, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.002398, "active": true } ], "chart_path": [ { "date": "2023-09-08", "close": 43.336432, "volume": 477200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 43.250788, "volume": 1751, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 43.129019, "volume": 1155, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 42.716871, "volume": 1086, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 42.154954, "volume": 1132, "typical_volume": null, "trend": null, "fair_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": 42.483791, "volume": 333, "typical_volume": null, "trend": null, "fair_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": 41.780314, "volume": 11316, "typical_volume": null, "trend": null, "fair_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": 41.919194, "volume": 624, "typical_volume": null, "trend": null, "fair_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": 42.83796, "volume": 371, "typical_volume": null, "trend": null, "fair_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": 42.678859, "volume": 771, "typical_volume": null, "trend": null, "fair_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": 43.218025, "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": "2023-11-24", "close": 43.417381, "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": "2023-12-01", "close": 44.234783, "volume": 852, "typical_volume": null, "trend": null, "fair_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": 44.292899, "volume": 108, "typical_volume": null, "trend": null, "fair_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": 45.359378, "volume": 155, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 45.523223, "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": "2023-12-29", "close": 45.803878, "volume": 3889, "typical_volume": null, "trend": null, "fair_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": 45.263218, "volume": 461, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 45.819271, "volume": 1176, "typical_volume": null, "trend": null, "fair_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": 45.404298, "volume": 1716, "typical_volume": null, "trend": null, "fair_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": 45.487504, "volume": 13175, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 45.724151, "volume": 5846, "typical_volume": null, "trend": null, "fair_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": 45.379301, "volume": 732, "typical_volume": null, "trend": null, "fair_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": 45.302255, "volume": 862, "typical_volume": null, "trend": null, "fair_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": 45.396883, "volume": 1251, "typical_volume": null, "trend": null, "fair_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": 45.434241, "volume": 2260, "typical_volume": null, "trend": null, "fair_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": 45.815264, "volume": 7101, "typical_volume": null, "trend": null, "fair_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": 45.549417, "volume": 5348, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 45.920236, "volume": 3438, "typical_volume": null, "trend": null, "fair_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": 46.058129, "volume": 31858, "typical_volume": null, "trend": null, "fair_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": 45.645597, "volume": 25106, "typical_volume": null, "trend": null, "fair_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": 45.339957, "volume": 100180, "typical_volume": null, "trend": null, "fair_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": 45.090917, "volume": 336, "typical_volume": null, "trend": null, "fair_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": 45.15545, "volume": 223, "typical_volume": null, "trend": null, "fair_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": 45.773398, "volume": 364, "typical_volume": null, "trend": null, "fair_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": 45.746161, "volume": 3154, "typical_volume": null, "trend": null, "fair_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": 46.059384, "volume": 2601, "typical_volume": null, "trend": null, "fair_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": 45.98502, "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": "2024-05-31", "close": 46.079901, "volume": 8, "typical_volume": null, "trend": null, "fair_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": 46.207444, "volume": 293, "typical_volume": null, "trend": null, "fair_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": 46.547245, "volume": 17769, "typical_volume": null, "trend": null, "fair_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": 46.507359, "volume": 386, "typical_volume": null, "trend": null, "fair_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": 46.308106, "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": "2024-07-05", "close": 46.817893, "volume": 130, "typical_volume": null, "trend": null, "fair_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": 47.107455, "volume": 399, "typical_volume": null, "trend": null, "fair_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": 47.049217, "volume": 3557, "typical_volume": null, "trend": null, "fair_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": 47.151495, "volume": 20437, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 47.810349, "volume": 2609, "typical_volume": null, "trend": null, "fair_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": 47.421047, "volume": 83206, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 47.847326, "volume": 1943, "typical_volume": null, "trend": null, "fair_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": 48.210735, "volume": 1686, "typical_volume": null, "trend": null, "fair_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": 48.038116, "volume": 495, "typical_volume": null, "trend": null, "fair_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": 48.509753, "volume": 4945, "typical_volume": null, "trend": null, "fair_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": 48.769798, "volume": 6908, "typical_volume": null, "trend": null, "fair_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": 48.829106, "volume": 1185, "typical_volume": null, "trend": null, "fair_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": 48.769798, "volume": 8067, "typical_volume": null, "trend": null, "fair_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": 48.313328, "volume": 4912, "typical_volume": null, "trend": null, "fair_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": 48.151, "volume": 12937, "typical_volume": null, "trend": null, "fair_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": 48.182164, "volume": 2222, "typical_volume": null, "trend": null, "fair_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": 47.827536, "volume": 2108, "typical_volume": null, "trend": null, "fair_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": 47.67368, "volume": 15995, "typical_volume": null, "trend": null, "fair_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": 48.212339, "volume": 1866, "typical_volume": null, "trend": null, "fair_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": 47.849642, "volume": 32, "typical_volume": null, "trend": null, "fair_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": 47.930027, "volume": 21, "typical_volume": null, "trend": null, "fair_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": 48.528169, "volume": 108, "typical_volume": null, "trend": null, "fair_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": 48.755025, "volume": 4655, "typical_volume": null, "trend": null, "fair_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": 48.366576, "volume": 5285, "typical_volume": null, "trend": null, "fair_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": 47.992739, "volume": 9642, "typical_volume": null, "trend": null, "fair_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": 47.968878, "volume": 13534, "typical_volume": null, "trend": null, "fair_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": 48.024774, "volume": 2014, "typical_volume": null, "trend": null, "fair_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": 47.732853, "volume": 11244, "typical_volume": null, "trend": null, "fair_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": 48.014554, "volume": 2986, "typical_volume": null, "trend": null, "fair_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": 48.14091, "volume": 5085, "typical_volume": null, "trend": null, "fair_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": 48.223971, "volume": 2330, "typical_volume": null, "trend": null, "fair_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": 48.206645, "volume": 3945, "typical_volume": null, "trend": null, "fair_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": 48.502196, "volume": 12628, "typical_volume": null, "trend": null, "fair_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": 48.550925, "volume": 12308, "typical_volume": null, "trend": null, "fair_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": 48.759845, "volume": 2530, "typical_volume": null, "trend": null, "fair_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": 48.664266, "volume": 5186, "typical_volume": null, "trend": null, "fair_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": 48.516997, "volume": 3851, "typical_volume": 5762.25, "trend": 48.273878, "fair_value": 46.331987, "relative_strength": 2.545802, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.967075, "energy": 72.488163, "activity_lines": [ 48.608375, 48.476556, 48.325506, 48.282757 ] }, { "date": "2025-03-21", "close": 48.676843, "volume": 67261, "typical_volume": 8325.55, "trend": 48.289415, "fair_value": 46.360936, "relative_strength": 2.673489, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.312324, "energy": 75.604216, "activity_lines": [ 48.634374, 48.539379, 48.367991, 48.308755 ] }, { "date": "2025-03-28", "close": 48.620245, "volume": 4616, "typical_volume": 8463.05, "trend": 48.308819, "fair_value": 46.388489, "relative_strength": 5.017331, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.389145, "energy": 59.106874, "activity_lines": [ 48.629864, 48.574748, 48.400308, 48.330099 ] }, { "date": "2025-04-04", "close": 48.414224, "volume": 2089, "typical_volume": 8565.9, "trend": 48.305635, "fair_value": 46.412895, "relative_strength": 15.787986, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.477386, "energy": 32.21807, "activity_lines": [ 48.552059, 48.561646, 48.411063, 48.336899 ] }, { "date": "2025-04-11", "close": 47.666169, "volume": 1680, "typical_volume": 8648.85, "trend": 48.268847, "fair_value": 46.427815, "relative_strength": 6.021706, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -22.573409, "energy": 23.661573, "activity_lines": [ 48.247944, 48.407565, 48.347885, 48.295643 ] }, { "date": "2025-04-18", "close": 48.034732, "volume": 64336, "typical_volume": 11860.25, "trend": 48.242368, "fair_value": 46.44672, "relative_strength": 9.34588, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.535807, "energy": 28.524349, "activity_lines": [ 48.133223, 48.330637, 48.321065, 48.280539 ] }, { "date": "2025-04-25", "close": 48.152499, "volume": 27054, "typical_volume": 12980.2, "trend": 48.221792, "fair_value": 46.466555, "relative_strength": 3.08276, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.861477, "energy": 31.89793, "activity_lines": [ 48.089908, 48.278247, 48.307811, 48.274741 ] }, { "date": "2025-05-02", "close": 48.191687, "volume": 1452, "typical_volume": 12788.55, "trend": 48.217737, "fair_value": 46.486384, "relative_strength": -0.127923, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.866143, "energy": 32.243379, "activity_lines": [ 48.094613, 48.23934, 48.301158, 48.272799 ] }, { "date": "2025-05-09", "close": 48.234251, "volume": 710, "typical_volume": 12341.95, "trend": 48.220512, "fair_value": 46.506246, "relative_strength": 0.239295, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.830364, "energy": 19.480358, "activity_lines": [ 48.142076, 48.214704, 48.299392, 48.273864 ] }, { "date": "2025-05-16", "close": 48.480175, "volume": 1048, "typical_volume": 11717.65, "trend": 48.230446, "fair_value": 46.528425, "relative_strength": -5.552138, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.52944, "energy": 17.752846, "activity_lines": [ 48.283511, 48.244337, 48.319897, 48.290617 ] }, { "date": "2025-05-23", "close": 48.395615, "volume": 78866, "typical_volume": 15560.25, "trend": 48.249382, "fair_value": 46.549171, "relative_strength": -3.332012, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.932495, "energy": 23.01133, "activity_lines": [ 48.342493, 48.261943, 48.329914, 48.301273 ] }, { "date": "2025-05-30", "close": 48.640972, "volume": 1433, "typical_volume": 15069.7, "trend": 48.281625, "fair_value": 46.572158, "relative_strength": -4.518152, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.863783, "energy": 37.951712, "activity_lines": [ 48.459202, 48.326366, 48.361532, 48.326537 ] }, { "date": "2025-06-06", "close": 48.638207, "volume": 13913, "typical_volume": 15616.05, "trend": 48.29582, "fair_value": 46.594615, "relative_strength": -6.312771, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.620919, "energy": 50.715477, "activity_lines": [ 48.542425, 48.390939, 48.388562, 48.349542 ] }, { "date": "2025-06-13", "close": 48.837836, "volume": 750, "typical_volume": 15399.3, "trend": 48.32876, "fair_value": 46.618736, "relative_strength": -5.305978, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.878708, "energy": 71.583356, "activity_lines": [ 48.662422, 48.491482, 48.431635, 48.384511 ] }, { "date": "2025-06-20", "close": 48.975675, "volume": 13537, "typical_volume": 15959.65, "trend": 48.363615, "fair_value": 46.64381, "relative_strength": -4.931604, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.483893, "energy": 80.065427, "activity_lines": [ 48.788127, 48.609384, 48.484517, 48.426247 ] }, { "date": "2025-06-27", "close": 49.228539, "volume": 577, "typical_volume": 15791.25, "trend": 48.386961, "fair_value": 46.671017, "relative_strength": -8.116317, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.343962, "energy": 86.946505, "activity_lines": [ 48.965086, 48.749452, 48.557902, 48.482049 ] }, { "date": "2025-07-04", "close": 49.337351, "volume": 6481, "typical_volume": 15483.9, "trend": 48.406372, "fair_value": 46.698792, "relative_strength": -9.148651, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.835777, "energy": 92.463968, "activity_lines": [ 49.122788, 48.887598, 48.636784, 48.543364 ] }, { "date": "2025-07-11", "close": 49.222702, "volume": 3985, "typical_volume": 15067.75, "trend": 48.434909, "fair_value": 46.724811, "relative_strength": -8.905324, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.214528, "energy": 89.330065, "activity_lines": [ 49.195848, 48.983356, 48.700769, 48.596031 ] }, { "date": "2025-07-18", "close": 49.327797, "volume": 1172, "typical_volume": 14999.85, "trend": 48.479411, "fair_value": 46.751372, "relative_strength": -9.651254, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.056622, "energy": 91.343596, "activity_lines": [ 49.264973, 49.079477, 48.771565, 48.653636 ] }, { "date": "2025-07-25", "close": 49.409006, "volume": 9409, "typical_volume": 15211.0, "trend": 48.527415, "fair_value": 46.778217, "relative_strength": -10.049146, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.444961, "energy": 91.976981, "activity_lines": [ 49.328504, 49.170481, 48.84739, 48.71361 ] }, { "date": "2025-08-01", "close": 49.575854, "volume": 9007, "typical_volume": 15468.8, "trend": 48.579118, "fair_value": 46.806194, "relative_strength": -7.386406, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.333773, "energy": 93.617318, "activity_lines": [ 49.418763, 49.274932, 48.93556, 48.781251 ] }, { "date": "2025-08-08", "close": 49.604652, "volume": 1264, "typical_volume": 12168.95, "trend": 48.641511, "fair_value": 46.833901, "relative_strength": -10.3178, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.288152, "energy": 91.124967, "activity_lines": [ 49.495466, 49.363161, 49.02143, 48.847415 ] }, { "date": "2025-08-15", "close": 49.681735, "volume": 43721, "typical_volume": 14124.2, "trend": 48.697084, "fair_value": 46.861821, "relative_strength": -10.339652, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.111089, "energy": 89.561571, "activity_lines": [ 49.580044, 49.447883, 49.110222, 48.914526 ] }, { "date": "2025-08-22", "close": 49.78704, "volume": 1131, "typical_volume": 14076.3, "trend": 48.751955, "fair_value": 46.890221, "relative_strength": -9.05174, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.077461, "energy": 90.028836, "activity_lines": [ 49.669121, 49.532779, 49.20399, 48.984846 ] }, { "date": "2025-08-29", "close": 49.950229, "volume": 7592, "typical_volume": 14371.9, "trend": 48.809497, "fair_value": 46.919644, "relative_strength": -8.247044, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.200208, "energy": 94.850259, "activity_lines": [ 49.781978, 49.630087, 49.306762, 49.062154 ] }, { "date": "2025-09-05", "close": 50.150809, "volume": 1316, "typical_volume": 11220.9, "trend": 48.874302, "fair_value": 46.950417, "relative_strength": -8.383901, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.12978, "energy": 96.928125, "activity_lines": [ 49.925614, 49.746145, 49.41776, 49.14869 ] }, { "date": "2025-09-12", "close": 50.309881, "volume": 26228, "typical_volume": 11179.6, "trend": 48.934559, "fair_value": 46.98211, "relative_strength": -9.434711, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.685923, "energy": 97.559804, "activity_lines": [ 50.083943, 49.874356, 49.533831, 49.241308 ] }, { "date": "2025-09-19", "close": 50.377365, "volume": 11709, "typical_volume": 11692.45, "trend": 48.99544, "fair_value": 47.013842, "relative_strength": -10.912653, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.915741, "energy": 96.392269, "activity_lines": [ 50.217752, 49.997155, 49.646056, 49.334392 ] }, { "date": "2025-09-26", "close": 50.333982, "volume": 3880, "typical_volume": 11850.95, "trend": 49.047911, "fair_value": 47.044584, "relative_strength": -10.290406, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.869017, "energy": 91.842609, "activity_lines": [ 50.290724, 50.091073, 49.743742, 49.42075 ] }, { "date": "2025-10-03", "close": 50.421851, "volume": 12146, "typical_volume": 12405.85, "trend": 49.106497, "fair_value": 47.075568, "relative_strength": -10.915464, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.057316, "energy": 92.728224, "activity_lines": [ 50.356523, 50.182672, 49.839797, 49.509391 ] }, { "date": "2025-10-10", "close": 50.320175, "volume": 1306, "typical_volume": 8527.85, "trend": 49.166603, "fair_value": 47.105064, "relative_strength": -8.793505, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.59473, "energy": 83.853408, "activity_lines": [ 50.356989, 50.237369, 49.916923, 49.587693 ] }, { "date": "2025-10-17", "close": 50.528369, "volume": 4004, "typical_volume": 8656.4, "trend": 49.228321, "fair_value": 47.135905, "relative_strength": -10.341044, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.255282, "energy": 74.534884, "activity_lines": [ 50.415562, 50.316387, 50.004712, 49.675549 ] }, { "date": "2025-10-24", "close": 50.639729, "volume": 5215, "typical_volume": 8221.5, "trend": 49.295637, "fair_value": 47.167189, "relative_strength": -11.788226, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.809932, "energy": 75.81226, "activity_lines": [ 50.496689, 50.398857, 50.094119, 49.766607 ] }, { "date": "2025-10-31", "close": 50.50755, "volume": 4962, "typical_volume": 8432.1, "trend": 49.365414, "fair_value": 47.19675, "relative_strength": -13.369558, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.099419, "energy": 68.006661, "activity_lines": [ 50.516265, 50.439876, 50.161407, 49.844795 ] }, { "date": "2025-11-07", "close": 50.553798, "volume": 3476, "typical_volume": 7929.05, "trend": 49.461669, "fair_value": 47.226198, "relative_strength": -10.329952, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.497351, "energy": 68.811126, "activity_lines": [ 50.539686, 50.476204, 50.225148, 49.921465 ] }, { "date": "2025-11-14", "close": 50.524623, "volume": 8382, "typical_volume": 8319.3, "trend": 49.544665, "fair_value": 47.25488, "relative_strength": -9.992118, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.440414, "energy": 66.794225, "activity_lines": [ 50.544586, 50.496254, 50.278596, 49.990043 ] }, { "date": "2025-11-21", "close": 50.602421, "volume": 8198, "typical_volume": 8405.15, "trend": 49.626329, "fair_value": 47.283738, "relative_strength": -6.798023, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.279782, "energy": 68.594781, "activity_lines": [ 50.561788, 50.523652, 50.333281, 50.058285 ] }, { "date": "2025-11-28", "close": 50.758016, "volume": 2019, "typical_volume": 8306.85, "trend": 49.711874, "fair_value": 47.313432, "relative_strength": -10.660163, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.809992, "energy": 73.313252, "activity_lines": [ 50.625919, 50.574021, 50.396761, 50.131297 ] }, { "date": "2025-12-05", "close": 50.734449, "volume": 126148, "typical_volume": 14555.65, "trend": 49.795213, "fair_value": 47.342424, "relative_strength": -11.368407, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.617183, "energy": 70.931945, "activity_lines": [ 50.674308, 50.613184, 50.450685, 50.19727 ] }, { "date": "2025-12-12", "close": 50.773509, "volume": 4274, "typical_volume": 14298.9, "trend": 49.871658, "fair_value": 47.371257, "relative_strength": -9.416222, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.935847, "energy": 71.337752, "activity_lines": [ 50.72059, 50.652168, 50.501631, 50.260386 ] }, { "date": "2025-12-19", "close": 50.87116, "volume": 3684, "typical_volume": 14032.75, "trend": 49.954176, "fair_value": 47.400423, "relative_strength": -9.54497, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.288317, "energy": 73.449501, "activity_lines": [ 50.784776, 50.702513, 50.55538, 50.32487 ] }, { "date": "2025-12-26", "close": 50.92975, "volume": 3327, "typical_volume": 14135.9, "trend": 50.030469, "fair_value": 47.429591, "relative_strength": -10.347642, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.336674, "energy": 76.459061, "activity_lines": [ 50.845389, 50.753492, 50.60854, 50.38781 ] }, { "date": "2026-01-02", "close": 51.050062, "volume": 15521, "typical_volume": 12725.9, "trend": 50.110864, "fair_value": 47.459267, "relative_strength": -8.367463, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.324222, "energy": 75.627066, "activity_lines": [ 50.924284, 50.819049, 50.666849, 50.45359 ] }, { "date": "2026-01-09", "close": 51.155936, "volume": 29722, "typical_volume": 14155.45, "trend": 50.188134, "fair_value": 47.489321, "relative_strength": -9.913055, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.818689, "energy": 76.495588, "activity_lines": [ 51.019, 50.896395, 50.728725, 50.521014 ] }, { "date": "2026-01-16", "close": 51.030456, "volume": 16128, "typical_volume": 14582.25, "trend": 50.256627, "fair_value": 47.517878, "relative_strength": -9.154839, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.321628, "energy": 68.311134, "activity_lines": [ 51.043791, 50.939137, 50.772131, 50.575358 ] }, { "date": "2026-01-23", "close": 51.064767, "volume": 4089, "typical_volume": 14720.9, "trend": 50.317834, "fair_value": 47.546253, "relative_strength": -9.126209, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.551968, "energy": 68.184893, "activity_lines": [ 51.062889, 50.979451, 50.813662, 50.627496 ] }, { "date": "2026-01-30", "close": 51.13455, "volume": 5916, "typical_volume": 13705.3, "trend": 50.377741, "fair_value": 47.574732, "relative_strength": -8.671964, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.123136, "energy": 70.595916, "activity_lines": [ 51.092341, 51.022633, 50.857487, 50.680187 ] }, { "date": "2026-02-06", "close": 51.17393, "volume": 9914, "typical_volume": 13615.55, "trend": 50.442782, "fair_value": 47.603072, "relative_strength": -6.59585, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.804186, "energy": 69.527437, "activity_lines": [ 51.121267, 51.063299, 50.901135, 50.731554 ] }, { "date": "2026-02-13", "close": 51.223154, "volume": 17149, "typical_volume": 14279.0, "trend": 50.50596, "fair_value": 47.631354, "relative_strength": -5.194157, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.173478, "energy": 70.616286, "activity_lines": [ 51.158342, 51.105353, 50.945678, 50.781901 ] }, { "date": "2026-02-20", "close": 51.287147, "volume": 18191, "typical_volume": 14581.25, "trend": 50.568565, "fair_value": 47.659693, "relative_strength": -5.978584, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.049541, "energy": 71.68509, "activity_lines": [ 51.212267, 51.150157, 50.992081, 50.8323 ] }, { "date": "2026-02-27", "close": 51.312379, "volume": 8564, "typical_volume": 14944.15, "trend": 50.626449, "fair_value": 47.687791, "relative_strength": -5.454612, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.706419, "energy": 71.497711, "activity_lines": [ 51.25749, 51.190209, 51.036767, 50.880288 ] }, { "date": "2026-03-06", "close": 51.124567, "volume": 9707, "typical_volume": 15229.3, "trend": 50.677113, "fair_value": 47.714026, "relative_strength": -4.323917, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.695366, "energy": 64.970782, "activity_lines": [ 51.223602, 51.188092, 51.058841, 50.912425 ] }, { "date": "2026-03-13", "close": 50.872502, "volume": 3537, "typical_volume": 15145.4, "trend": 50.716805, "fair_value": 47.737954, "relative_strength": -3.496028, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.405164, "energy": 37.848415, "activity_lines": [ 51.106358, 51.136602, 51.05407, 50.92503 ] }, { "date": "2026-03-20", "close": 50.778596, "volume": 9856, "typical_volume": 15390.1, "trend": 50.749857, "fair_value": 47.760816, "relative_strength": -1.434964, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.436762, "energy": 19.334742, "activity_lines": [ 50.977906, 51.071267, 51.039247, 50.929017 ] }, { "date": "2026-03-27", "close": 50.659978, "volume": 5906, "typical_volume": 15511.6, "trend": 50.773515, "fair_value": 47.782451, "relative_strength": 1.92563, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -19.833012, "energy": 36.399272, "activity_lines": [ 50.839553, 50.991226, 51.011836, 50.923218 ] }, { "date": "2026-04-03", "close": 50.992643, "volume": 19648, "typical_volume": 16074.9, "trend": 50.801577, "fair_value": 47.806231, "relative_strength": -0.730237, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.256679, "energy": 27.466273, "activity_lines": [ 50.853899, 50.978405, 51.015603, 50.937355 ] }, { "date": "2026-04-10", "close": 51.131547, "volume": 13717, "typical_volume": 16350.85, "trend": 50.828965, "fair_value": 47.830681, "relative_strength": -4.254163, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.380149, "energy": 23.131988, "activity_lines": [ 50.935862, 50.992151, 51.030369, 50.958644 ] }, { "date": "2026-04-17", "close": 51.334446, "volume": 20714, "typical_volume": 17285.6, "trend": 50.860868, "fair_value": 47.856256, "relative_strength": -8.878436, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.328816, "energy": 29.834935, "activity_lines": [ 51.084993, 51.042842, 51.06194, 50.991255 ] }, { "date": "2026-04-24", "close": 51.344864, "volume": 13180, "typical_volume": 11637.2, "trend": 50.894564, "fair_value": 47.881536, "relative_strength": -10.329383, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.902814, "energy": 52.095441, "activity_lines": [ 51.206801, 51.092509, 51.091758, 51.022481 ] }, { "date": "2026-05-01", "close": 51.064716, "volume": 9557, "typical_volume": 11901.35, "trend": 50.915993, "fair_value": 47.904437, "relative_strength": -11.720514, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.715983, "energy": 40.504444, "activity_lines": [ 51.197474, 51.089027, 51.091988, 51.033459 ] }, { "date": "2026-05-08", "close": 51.168444, "volume": 12121, "typical_volume": 12323.2, "trend": 50.944269, "fair_value": 47.927751, "relative_strength": -15.637408, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.127223, "energy": 49.100287, "activity_lines": [ 51.195741, 51.108449, 51.100711, 51.049746 ] }, { "date": "2026-05-15", "close": 50.920788, "volume": 4350, "typical_volume": 12374.35, "trend": 50.957349, "fair_value": 47.948978, "relative_strength": -15.363442, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.850999, "energy": 17.257382, "activity_lines": [ 51.099736, 51.085459, 51.084431, 51.048231 ] }, { "date": "2026-05-22", "close": 50.982727, "volume": 6353, "typical_volume": 11915.95, "trend": 50.968782, "fair_value": 47.970343, "relative_strength": -15.813091, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.888226, "energy": 13.619639, "activity_lines": [ 51.038428, 51.077437, 51.074093, 51.049868 ] }, { "date": "2026-05-29", "close": 51.165595, "volume": 3270, "typical_volume": 10593.35, "trend": 50.990717, "fair_value": 47.992687, "relative_strength": -17.42233, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.748278, "energy": 16.393258, "activity_lines": [ 51.061523, 51.100658, 51.081492, 51.062566 ] }, { "date": "2026-06-05", "close": 51.085875, "volume": 22290, "typical_volume": 10901.45, "trend": 51.008453, "fair_value": 48.014168, "relative_strength": -13.271911, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.482267, "energy": 14.139398, "activity_lines": [ 51.069997, 51.102349, 51.081253, 51.068705 ] }, { "date": "2026-06-12", "close": 51.220403, "volume": 4944, "typical_volume": 10944.2, "trend": 51.031646, "fair_value": 48.036279, "relative_strength": -14.573175, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.854587, "energy": 22.860858, "activity_lines": [ 51.121903, 51.120756, 51.093562, 51.082379 ] }, { "date": "2026-06-19", "close": 51.185525, "volume": 675, "typical_volume": 10682.15, "trend": 51.051083, "fair_value": 48.05785, "relative_strength": -16.385635, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.323391, "energy": 33.904159, "activity_lines": [ 51.158719, 51.128681, 51.101807, 51.092307 ] }, { "date": "2026-06-26", "close": 51.042102, "volume": 5058, "typical_volume": 10439.35, "trend": 51.060552, "fair_value": 48.078151, "relative_strength": -12.327026, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.025582, "energy": 18.479335, "activity_lines": [ 51.130078, 51.109547, 51.096151, 51.091727 ] }, { "date": "2026-07-03", "close": 51.067676, "volume": 2541, "typical_volume": 9708.95, "trend": 51.07166, "fair_value": 48.09835, "relative_strength": -12.677645, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.592584, "energy": 15.951781, "activity_lines": [ 51.106003, 51.100378, 51.093559, 51.092187 ] }, { "date": "2026-07-10", "close": 51.09752, "volume": 4429, "typical_volume": 9020.85, "trend": 51.08246, "fair_value": 48.118479, "relative_strength": -13.803358, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.980357, "energy": 10.972251, "activity_lines": [ 51.098404, 51.101675, 51.094548, 51.093855 ] }, { "date": "2026-07-17", "close": 51.196999, "volume": 6365, "typical_volume": 8910.9, "trend": 51.093321, "fair_value": 48.139002, "relative_strength": -9.576669, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.60612, "energy": 18.905862, "activity_lines": [ 51.123189, 51.120463, 51.105916, 51.101245 ] }, { "date": "2026-07-24", "close": 50.888614, "volume": 3709, "typical_volume": 8611.0, "trend": 51.09195, "fair_value": 48.157212, "relative_strength": -8.377943, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.472609, "energy": 23.906382, "activity_lines": [ 51.046739, 51.082662, 51.088462, 51.088038 ] }, { "date": "2026-07-31", "close": 50.92, "volume": 7783, "typical_volume": 8823.3, "trend": 51.087615, "fair_value": 48.175388, "relative_strength": -8.479389, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.534076, "energy": 42.752425, "activity_lines": [ 51.000545, 51.051152, 51.075121, 51.076944 ] }, { "date": "2026-08-07", "close": 51.105, "volume": 6121, "typical_volume": 8636.55, "trend": 51.085917, "fair_value": 48.194536, "relative_strength": -12.265084, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.437961, "energy": 28.515615, "activity_lines": [ 51.024157, 51.054419, 51.079173, 51.078066 ] } ], "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." } } }