{ "ticker": { "uuid": "cf764064-9780-465f-adcf-3ba318b6e21c", "symbol": "CS1", "name": "Amundi IBEX 35 UCITS ETF Acc", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.507, "architecture_energy": 71.747, "architecture_maturity": 45.13, "architecture_confidence": 89.37, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 9.54, "rotation_up": 65.89, "upward_expansion": 85.83, "deceleration": 55.9, "rotation_down": 22.03, "downward_expansion": 12.5 }, "activity_lines": [ 511.166669, 506.171821, 490.888097, 479.562797 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 521.799988, "trend_reference": 467.410001, "distance_from_trend": 0.116365, "trend_direction": "Improving", "fair_value": 358.367958, "distance_from_fair_value": 0.456045, "fair_value_direction": "Improving", "relative_strength": 10.873479, "relative_strength_direction": "Weakening", "price_momentum": 0.146058, "excess_performance": 0.092746, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.116365, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.057676, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.456045, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.11945, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.108735, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.005604, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.146058, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.332786, "read": "Demand-led" } ], "volume": { "latest": 10104, "relative_activity": 1.204298, "balance": 2.332786, "dry_up": 1.333023, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.024413, "annualized_volatility": 0.183812, "from_high_reference": -0.007796, "from_low_reference": 0.419478 }, "levels": { "trend_reference": 467.410001, "fair_value_reference": 358.367958, "structural_low": 411.700012, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": 0.026429, "positive_rate": 0.777778, "directional_follow_through": 0.777778, "median_excess_return": 0.027198, "regime_survival": 0.888889, "best_return": 0.081371, "worst_return": -0.086309, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.120806, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.094435, "regime_survival": 0.666667, "best_return": 0.150521, "worst_return": 0.037012, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.193104, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.149962, "regime_survival": 0.0, "best_return": 0.193104, "worst_return": 0.193104, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2026-03-13", "tenure": "Established", "return": 0.113084, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.112951, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.155575, "active": true } ], "chart_path": [ { "date": "2024-04-05", "close": 257.535187, "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": "2024-04-12", "close": 253.0, "volume": 16258, "typical_volume": null, "trend": null, "fair_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": 254.300003, "volume": 5508, "typical_volume": null, "trend": null, "fair_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": 264.450012, "volume": 971, "typical_volume": null, "trend": null, "fair_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": 258.950012, "volume": 2660, "typical_volume": null, "trend": null, "fair_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": 265.149994, "volume": 184, "typical_volume": null, "trend": null, "fair_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": 270.299988, "volume": 595, "typical_volume": null, "trend": null, "fair_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": 268.549988, "volume": 242, "typical_volume": null, "trend": null, "fair_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": 270.049988, "volume": 638, "typical_volume": null, "trend": null, "fair_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": 271.899994, "volume": 1138, "typical_volume": null, "trend": null, "fair_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": 262.5, "volume": 588, "typical_volume": null, "trend": null, "fair_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": 264.149994, "volume": 1046, "typical_volume": null, "trend": null, "fair_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": 261.700012, "volume": 153, "typical_volume": null, "trend": null, "fair_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": 265.200012, "volume": 2190, "typical_volume": null, "trend": null, "fair_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": 271.450012, "volume": 1208, "typical_volume": null, "trend": null, "fair_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": 266.799988, "volume": 1480, "typical_volume": null, "trend": null, "fair_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": 269.950012, "volume": 942, "typical_volume": null, "trend": null, "fair_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": 256.799988, "volume": 6210, "typical_volume": null, "trend": null, "fair_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": 256.25, "volume": 2282, "typical_volume": null, "trend": null, "fair_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": 264.0, "volume": 1806, "typical_volume": null, "trend": null, "fair_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": 271.850006, "volume": 412, "typical_volume": null, "trend": null, "fair_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": 275.200012, "volume": 15711, "typical_volume": null, "trend": null, "fair_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": 269.149994, "volume": 1006, "typical_volume": null, "trend": null, "fair_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": 278.450012, "volume": 521, "typical_volume": null, "trend": null, "fair_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": 283.950012, "volume": 5850, "typical_volume": null, "trend": null, "fair_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": 289.75, "volume": 2540, "typical_volume": null, "trend": null, "fair_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": 281.25, "volume": 3173, "typical_volume": null, "trend": null, "fair_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": 283.75, "volume": 2106, "typical_volume": null, "trend": null, "fair_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": 288.25, "volume": 4722, "typical_volume": null, "trend": null, "fair_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": 285.799988, "volume": 4446, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 287.350006, "volume": 3857, "typical_volume": null, "trend": null, "fair_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": 280.850006, "volume": 3236, "typical_volume": null, "trend": null, "fair_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": 282.850006, "volume": 4667, "typical_volume": null, "trend": null, "fair_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": 283.25, "volume": 1833, "typical_volume": null, "trend": null, "fair_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": 283.549988, "volume": 1803, "typical_volume": null, "trend": null, "fair_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": 294.200012, "volume": 9116, "typical_volume": null, "trend": null, "fair_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": 286.399994, "volume": 2473, "typical_volume": null, "trend": null, "fair_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": 280.25, "volume": 2671, "typical_volume": null, "trend": null, "fair_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": 281.200012, "volume": 352, "typical_volume": null, "trend": null, "fair_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": 284.549988, "volume": 4286, "typical_volume": null, "trend": null, "fair_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": 288.200012, "volume": 10388, "typical_volume": null, "trend": null, "fair_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": 291.899994, "volume": 2205, "typical_volume": null, "trend": null, "fair_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": 293.350006, "volume": 3177, "typical_volume": null, "trend": null, "fair_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": 303.149994, "volume": 4065, "typical_volume": null, "trend": null, "fair_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": 312.299988, "volume": 4247, "typical_volume": null, "trend": null, "fair_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": 318.649994, "volume": 4734, "typical_volume": null, "trend": null, "fair_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": 317.450012, "volume": 2838, "typical_volume": null, "trend": null, "fair_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": 326.700012, "volume": 4624, "typical_volume": null, "trend": null, "fair_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": 325.049988, "volume": 6380, "typical_volume": null, "trend": null, "fair_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": 318.399994, "volume": 6366, "typical_volume": null, "trend": null, "fair_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": 327.200012, "volume": 3666, "typical_volume": null, "trend": null, "fair_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": 326.399994, "volume": 4676, "typical_volume": null, "trend": null, "fair_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": 305.0, "volume": 5206, "typical_volume": null, "trend": null, "fair_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": 303.200012, "volume": 8606, "typical_volume": null, "trend": null, "fair_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": 318.450012, "volume": 4000, "typical_volume": null, "trend": null, "fair_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": 331.200012, "volume": 16787, "typical_volume": null, "trend": null, "fair_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": 334.049988, "volume": 5364, "typical_volume": null, "trend": null, "fair_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": 337.5, "volume": 5001, "typical_volume": null, "trend": null, "fair_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": 350.149994, "volume": 5514, "typical_volume": null, "trend": null, "fair_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": 351.649994, "volume": 13498, "typical_volume": null, "trend": null, "fair_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": 351.549988, "volume": 6406, "typical_volume": null, "trend": null, "fair_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": 354.700012, "volume": 4105, "typical_volume": null, "trend": null, "fair_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": 345.299988, "volume": 6368, "typical_volume": null, "trend": null, "fair_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": 344.200012, "volume": 4016, "typical_volume": null, "trend": null, "fair_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": 347.399994, "volume": 2140, "typical_volume": null, "trend": null, "fair_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": 349.700012, "volume": 2316, "typical_volume": null, "trend": null, "fair_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": 350.75, "volume": 1936, "typical_volume": null, "trend": null, "fair_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": 350.549988, "volume": 1218, "typical_volume": null, "trend": null, "fair_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": 356.450012, "volume": 7419, "typical_volume": null, "trend": null, "fair_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": 354.450012, "volume": 10327, "typical_volume": null, "trend": null, "fair_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": 372.0, "volume": 3932, "typical_volume": null, "trend": null, "fair_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": 383.149994, "volume": 11119, "typical_volume": null, "trend": null, "fair_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": 386.649994, "volume": 8674, "typical_volume": null, "trend": null, "fair_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": 375.149994, "volume": 8947, "typical_volume": null, "trend": null, "fair_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": 372.049988, "volume": 10217, "typical_volume": null, "trend": null, "fair_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": 383.850006, "volume": 7387, "typical_volume": null, "trend": null, "fair_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": 383.5, "volume": 8453, "typical_volume": null, "trend": null, "fair_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": 385.600006, "volume": 6393, "typical_volume": null, "trend": null, "fair_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": 390.149994, "volume": 15931, "typical_volume": null, "trend": null, "fair_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": 388.649994, "volume": 8741, "typical_volume": 6802.25, "trend": 353.686667, "fair_value": 307.882315, "relative_strength": 14.777472, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.937767, "energy": 63.354105, "activity_lines": [ 387.433331, 384.169997, 374.561427, 366.256666 ] }, { "date": "2025-10-17", "close": 391.600006, "volume": 8935, "typical_volume": 6928.7, "trend": 355.833333, "fair_value": 308.915867, "relative_strength": 11.520247, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.872686, "energy": 63.760929, "activity_lines": [ 389.183333, 385.901817, 376.971904, 368.702688 ] }, { "date": "2025-10-24", "close": 397.473602, "volume": 14320, "typical_volume": 7439.45, "trend": 358.202454, "fair_value": 309.995839, "relative_strength": 11.973809, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.358629, "energy": 68.518742, "activity_lines": [ 392.374534, 388.3452, 379.751057, 371.389157 ] }, { "date": "2025-10-31", "close": 403.450012, "volume": 15532, "typical_volume": 7897.65, "trend": 361.484121, "fair_value": 311.121793, "relative_strength": 14.564523, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.545639, "energy": 77.956781, "activity_lines": [ 396.626298, 391.614773, 382.895707, 374.308354 ] }, { "date": "2025-11-07", "close": 400.799988, "volume": 7618, "typical_volume": 8077.75, "trend": 364.737453, "fair_value": 312.189391, "relative_strength": 15.635645, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.593082, "energy": 78.936543, "activity_lines": [ 398.80472, 394.097069, 385.51107, 376.844862 ] }, { "date": "2025-11-14", "close": 412.5, "volume": 11471, "typical_volume": 8544.3, "trend": 367.872453, "fair_value": 313.369516, "relative_strength": 15.219318, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.106099, "energy": 89.645156, "activity_lines": [ 404.173147, 398.240277, 388.971196, 379.926316 ] }, { "date": "2025-11-21", "close": 399.850006, "volume": 15769, "typical_volume": 9216.95, "trend": 370.160786, "fair_value": 314.375103, "relative_strength": 13.756869, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.471284, "energy": 64.097121, "activity_lines": [ 403.734908, 399.34803, 390.91656, 381.989384 ] }, { "date": "2025-11-28", "close": 413.799988, "volume": 9783, "typical_volume": 9609.3, "trend": 372.819119, "fair_value": 315.517917, "relative_strength": 15.104854, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.331465, "energy": 68.866308, "activity_lines": [ 407.396663, 402.701235, 393.951685, 384.804817 ] }, { "date": "2025-12-05", "close": 421.700012, "volume": 14278, "typical_volume": 10262.3, "trend": 375.625786, "fair_value": 316.724532, "relative_strength": 16.790633, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.559724, "energy": 71.692532, "activity_lines": [ 412.603335, 406.939899, 397.438955, 387.958423 ] }, { "date": "2025-12-12", "close": 425.549988, "volume": 8279, "typical_volume": 10305.3, "trend": 378.139119, "fair_value": 317.94729, "relative_strength": 17.813197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.772249, "energy": 71.21774, "activity_lines": [ 417.876664, 411.222195, 400.954079, 391.179339 ] }, { "date": "2025-12-19", "close": 434.299988, "volume": 12112, "typical_volume": 10394.55, "trend": 380.894119, "fair_value": 319.240098, "relative_strength": 18.265321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.714815, "energy": 91.274287, "activity_lines": [ 424.416661, 416.451764, 404.973489, 394.802621 ] }, { "date": "2025-12-26", "close": 435.5, "volume": 7612, "typical_volume": 10578.55, "trend": 383.692453, "fair_value": 320.517679, "relative_strength": 18.506966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.344572, "energy": 91.124615, "activity_lines": [ 429.903329, 421.069517, 408.726949, 398.325581 ] }, { "date": "2026-01-02", "close": 442.700012, "volume": 9745, "typical_volume": 10509.85, "trend": 386.625786, "fair_value": 321.845748, "relative_strength": 18.369127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.907568, "energy": 93.196319, "activity_lines": [ 435.413334, 426.198181, 412.863742, 402.13252 ] }, { "date": "2026-01-09", "close": 447.149994, "volume": 30859, "typical_volume": 11619.1, "trend": 390.020787, "fair_value": 323.193106, "relative_strength": 16.452082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.803538, "energy": 92.296676, "activity_lines": [ 440.479999, 431.313635, 417.140772, 406.037308 ] }, { "date": "2026-01-16", "close": 449.75, "volume": 22711, "typical_volume": 12307.3, "trend": 393.539119, "fair_value": 324.539455, "relative_strength": 17.773561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.287711, "energy": 87.731067, "activity_lines": [ 444.716667, 436.107272, 421.377327, 409.890805 ] }, { "date": "2026-01-23", "close": 445.450012, "volume": 18110, "typical_volume": 12701.95, "trend": 396.807453, "fair_value": 325.812198, "relative_strength": 17.443112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.861526, "energy": 67.327775, "activity_lines": [ 445.906671, 439.229092, 424.84912, 413.239895 ] }, { "date": "2026-01-30", "close": 454.399994, "volume": 10879, "typical_volume": 12876.55, "trend": 400.297453, "fair_value": 327.151654, "relative_strength": 19.171291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.105439, "energy": 70.588862, "activity_lines": [ 449.336668, 443.379091, 428.823769, 416.955543 ] }, { "date": "2026-02-06", "close": 455.299988, "volume": 24212, "typical_volume": 13664.5, "trend": 403.782452, "fair_value": 328.472771, "relative_strength": 16.523942, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.458494, "energy": 68.585138, "activity_lines": [ 451.806663, 446.700907, 432.54818, 420.504093 ] }, { "date": "2026-02-13", "close": 449.0, "volume": 10016, "typical_volume": 13845.65, "trend": 407.064119, "fair_value": 329.702641, "relative_strength": 13.690479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.151694, "energy": 63.830977, "activity_lines": [ 451.336664, 448.122726, 435.330686, 423.421355 ] }, { "date": "2026-02-20", "close": 461.549988, "volume": 9322, "typical_volume": 13515.2, "trend": 410.567452, "fair_value": 331.034432, "relative_strength": 13.371188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.705777, "energy": 69.190902, "activity_lines": [ 454.92666, 451.329997, 439.006525, 426.936572 ] }, { "date": "2026-02-27", "close": 466.350006, "volume": 11481, "typical_volume": 13652.2, "trend": 414.297452, "fair_value": 332.387588, "relative_strength": 13.039141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.812581, "energy": 69.771067, "activity_lines": [ 459.329997, 454.755453, 442.799509, 430.535446 ] }, { "date": "2026-03-06", "close": 433.0, "volume": 94725, "typical_volume": 17941.7, "trend": 416.330785, "fair_value": 333.383751, "relative_strength": 12.032453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.342084, "energy": 45.302591, "activity_lines": [ 451.223332, 451.534544, 443.046301, 431.742062 ] }, { "date": "2026-03-13", "close": 432.600006, "volume": 19162, "typical_volume": 18183.8, "trend": 417.979119, "fair_value": 334.356459, "relative_strength": 12.416937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.184501, "energy": 29.829207, "activity_lines": [ 444.410002, 448.286363, 443.057856, 432.79169 ] }, { "date": "2026-03-20", "close": 422.75, "volume": 5940, "typical_volume": 17704.2, "trend": 419.182452, "fair_value": 335.214649, "relative_strength": 12.736612, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.867762, "energy": 18.483624, "activity_lines": [ 435.826668, 443.430909, 441.964047, 433.099488 ] }, { "date": "2026-03-27", "close": 426.100006, "volume": 16801, "typical_volume": 18163.35, "trend": 420.880786, "fair_value": 336.088546, "relative_strength": 12.470947, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.154242, "energy": 22.557652, "activity_lines": [ 430.110004, 439.628183, 441.097381, 433.545782 ] }, { "date": "2026-04-03", "close": 443.899994, "volume": 9936, "typical_volume": 18086.6, "trend": 423.275786, "fair_value": 337.115322, "relative_strength": 12.727585, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.651964, "energy": 20.225254, "activity_lines": [ 432.69, 439.491818, 441.805476, 435.030892 ] }, { "date": "2026-04-10", "close": 463.700012, "volume": 10286, "typical_volume": 17812.45, "trend": 425.937453, "fair_value": 338.309517, "relative_strength": 12.927204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.442358, "energy": 20.21901, "activity_lines": [ 443.366671, 442.983639, 444.249763, 437.638907 ] }, { "date": "2026-04-17", "close": 470.5, "volume": 9320, "typical_volume": 17789.3, "trend": 428.837453, "fair_value": 339.544942, "relative_strength": 11.807078, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 66.438218, "energy": 43.374786, "activity_lines": [ 454.263336, 447.54273, 447.03762, 440.51391 ] }, { "date": "2026-04-24", "close": 451.549988, "volume": 7990, "typical_volume": 17474.9, "trend": 431.035786, "fair_value": 340.582026, "relative_strength": 10.335495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.555552, "energy": 43.402657, "activity_lines": [ 456.316665, 448.38, 447.750714, 441.979235 ] }, { "date": "2026-05-01", "close": 456.0, "volume": 6600, "typical_volume": 17390.95, "trend": 433.230786, "fair_value": 341.640907, "relative_strength": 11.4489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.265543, "energy": 50.192356, "activity_lines": [ 457.933331, 449.98, 448.745476, 443.589829 ] }, { "date": "2026-05-08", "close": 458.049988, "volume": 13458, "typical_volume": 17458.25, "trend": 435.544119, "fair_value": 342.699171, "relative_strength": 11.433909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.495406, "energy": 48.043142, "activity_lines": [ 458.239994, 452.053634, 449.790475, 445.191068 ] }, { "date": "2026-05-15", "close": 451.350006, "volume": 8508, "typical_volume": 17503.05, "trend": 437.535786, "fair_value": 343.678007, "relative_strength": 11.490479, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.780762, "energy": 26.31449, "activity_lines": [ 455.369997, 453.059999, 450.084285, 446.210803 ] }, { "date": "2026-05-22", "close": 460.850006, "volume": 7235, "typical_volume": 17377.55, "trend": 439.648333, "fair_value": 344.724186, "relative_strength": 11.073025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.492872, "energy": 28.416085, "activity_lines": [ 456.49, 455.46, 451.207381, 447.714946 ] }, { "date": "2026-05-29", "close": 471.649994, "volume": 11236, "typical_volume": 16396.4, "trend": 441.921665, "fair_value": 345.847423, "relative_strength": 12.218528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.500097, "energy": 35.542387, "activity_lines": [ 461.853333, 459.309999, 453.272618, 449.779569 ] }, { "date": "2026-06-05", "close": 470.149994, "volume": 885, "typical_volume": 15305.1, "trend": 444.233332, "fair_value": 346.937796, "relative_strength": 10.898187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.053641, "energy": 45.550092, "activity_lines": [ 465.376664, 461.99818, 455.078332, 451.600752 ] }, { "date": "2026-06-12", "close": 481.200012, "volume": 2955, "typical_volume": 14547.35, "trend": 446.523333, "fair_value": 348.105294, "relative_strength": 11.176041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.188992, "energy": 69.080643, "activity_lines": [ 471.640002, 465.894546, 457.839286, 453.985699 ] }, { "date": "2026-06-19", "close": 498.350006, "volume": 1038, "typical_volume": 14055.3, "trend": 449.806666, "fair_value": 349.400507, "relative_strength": 13.594812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.904114, "energy": 83.275928, "activity_lines": [ 482.07667, 472.23091, 462.063334, 457.329355 ] }, { "date": "2026-06-26", "close": 499.649994, "volume": 4194, "typical_volume": 13054.4, "trend": 452.668333, "fair_value": 350.684691, "relative_strength": 13.778012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.821668, "energy": 88.825959, "activity_lines": [ 489.813334, 478.173637, 466.201905, 460.545054 ] }, { "date": "2026-07-03", "close": 511.5, "volume": 1551, "typical_volume": 12631.15, "trend": 455.661666, "fair_value": 352.047532, "relative_strength": 14.17431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.806769, "energy": 94.544822, "activity_lines": [ 498.913334, 485.74091, 471.257857, 464.340645 ] }, { "date": "2026-07-10", "close": 501.700012, "volume": 11070, "typical_volume": 12718.55, "trend": 458.2, "fair_value": 353.305116, "relative_strength": 13.62019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.885107, "energy": 87.5729, "activity_lines": [ 502.090004, 490.436366, 475.082858, 467.310861 ] }, { "date": "2026-07-17", "close": 496.850006, "volume": 7564, "typical_volume": 12522.7, "trend": 460.285001, "fair_value": 354.501324, "relative_strength": 11.923562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.100321, "energy": 85.302922, "activity_lines": [ 501.546671, 493.419095, 478.254764, 469.80441 ] }, { "date": "2026-07-24", "close": 506.100006, "volume": 18860, "typical_volume": 8729.45, "trend": 462.638334, "fair_value": 355.754205, "relative_strength": 12.94145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.613993, "energy": 81.563479, "activity_lines": [ 503.043339, 497.378186, 482.162383, 472.760216 ] }, { "date": "2026-07-31", "close": 511.200012, "volume": 8208, "typical_volume": 8181.75, "trend": 464.921667, "fair_value": 357.028351, "relative_strength": 11.712243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.663619, "energy": 66.509055, "activity_lines": [ 505.723342, 501.269097, 486.207622, 475.893228 ] }, { "date": "2026-08-07", "close": 521.799988, "volume": 10104, "typical_volume": 8389.95, "trend": 467.410001, "fair_value": 358.367958, "relative_strength": 10.873479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.506674, "energy": 71.7467, "activity_lines": [ 511.166669, 506.171821, 490.888097, 479.562797 ] } ], "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." } } }