{ "ticker": { "uuid": "e5f53dbc-5fc4-4b54-9ffb-3b945937e739", "symbol": "MTF-F124", "name": "Migdal Mutual Funds Ltd. - ETF Stock Market Fund", "exchange": "TLV", "country": "IL", "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": "TA35.TA", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -52.792, "architecture_energy": 63.045, "architecture_maturity": 95.0, "architecture_confidence": 56.652, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 25.74, "rotation_up": 27.98, "upward_expansion": 22.5, "deceleration": 67.0, "rotation_down": 44.35, "downward_expansion": 65.5 }, "activity_lines": [ 37.736667, 37.359636, 947.136571, 1601.495871 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 38.16, "trend_reference": 2353.233, "distance_from_trend": -0.983784, "trend_direction": "Weakening", "fair_value": 3097.547372, "distance_from_fair_value": -0.987681, "fair_value_direction": "Weakening", "relative_strength": -98.820284, "relative_strength_direction": "Weakening", "price_momentum": -0.989168, "excess_performance": -1.018069, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.983784, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.333028, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.987681, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.047943, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.988203, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.751172, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.989168, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 3.055183, "read": "Demand-led" } ], "volume": { "latest": 24630, "relative_activity": 0.787632, "balance": 3.055183, "dry_up": 2.285268, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 7.341074, "annualized_volatility": 6.349146, "from_high_reference": -0.989542, "from_low_reference": 0.071008 }, "levels": { "trend_reference": 2353.233, "fair_value_reference": 3097.547372, "structural_low": 35.63, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": 0.024586, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.003838, "regime_survival": 0.75, "best_return": 0.038405, "worst_return": 0.003698, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.989256, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.971719, "regime_survival": 1.0, "best_return": -0.989256, "worst_return": -0.989256, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-07-25", "tenure": "New", "return": 0.020833, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-11-21", "tenure": "Established", "return": 0.014659, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-02-27", "tenure": "Established", "return": 0.011984, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-03-20", "tenure": "New", "return": -0.021639, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-05-01", "tenure": "Developing", "return": 0.037518, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-05-29", "tenure": "New", "return": -0.011033, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.06, "active": true } ], "chart_path": [ { "date": "2023-12-22", "close": 2778.0, "volume": 718000, "typical_volume": null, "trend": null, "fair_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": 2835.0, "volume": 4825020, "typical_volume": null, "trend": null, "fair_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": 2799.0, "volume": 364080, "typical_volume": null, "trend": null, "fair_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": 2895.0, "volume": 517848, "typical_volume": null, "trend": null, "fair_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": 2896.0, "volume": 1467843, "typical_volume": null, "trend": null, "fair_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": 2906.0, "volume": 4928283, "typical_volume": null, "trend": null, "fair_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": 2871.0, "volume": 223244, "typical_volume": null, "trend": null, "fair_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": 2947.0, "volume": 36740, "typical_volume": null, "trend": null, "fair_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": 2908.0, "volume": 15789, "typical_volume": null, "trend": null, "fair_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": 2966.0, "volume": 239804, "typical_volume": null, "trend": null, "fair_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": 2900.0, "volume": 166450, "typical_volume": null, "trend": null, "fair_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": 2958.0, "volume": 244155, "typical_volume": null, "trend": null, "fair_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": 3032.0, "volume": 151315, "typical_volume": null, "trend": null, "fair_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": 3019.0, "volume": 700, "typical_volume": null, "trend": null, "fair_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": 3076.0, "volume": 183456, "typical_volume": null, "trend": null, "fair_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": 3127.0, "volume": 135357, "typical_volume": null, "trend": null, "fair_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": 3086.0, "volume": 218712, "typical_volume": null, "trend": null, "fair_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": 3068.0, "volume": 144071, "typical_volume": null, "trend": null, "fair_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": 3077.0, "volume": 195, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 3050.0, "volume": 17778, "typical_volume": null, "trend": null, "fair_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": 3097.0, "volume": 140165, "typical_volume": null, "trend": null, "fair_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": 3162.0, "volume": 642, "typical_volume": null, "trend": null, "fair_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": 3144.0, "volume": 1992, "typical_volume": null, "trend": null, "fair_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": 3121.0, "volume": 49067, "typical_volume": null, "trend": null, "fair_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": 3206.0, "volume": 102203, "typical_volume": null, "trend": null, "fair_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": 3213.0, "volume": 3190, "typical_volume": null, "trend": null, "fair_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": 3248.0, "volume": 281865, "typical_volume": null, "trend": null, "fair_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": 3296.0, "volume": 151816, "typical_volume": null, "trend": null, "fair_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": 3255.0, "volume": 649440, "typical_volume": null, "trend": null, "fair_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": 3244.0, "volume": 150151, "typical_volume": null, "trend": null, "fair_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": 3148.0, "volume": 36272, "typical_volume": null, "trend": null, "fair_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": 3328.0, "volume": 423382, "typical_volume": null, "trend": null, "fair_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": 3173.0, "volume": 400868, "typical_volume": null, "trend": null, "fair_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": 3231.0, "volume": 191607, "typical_volume": null, "trend": null, "fair_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": 3326.0, "volume": 194155, "typical_volume": null, "trend": null, "fair_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": 3282.0, "volume": 17190, "typical_volume": null, "trend": null, "fair_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": 3260.0, "volume": 214961, "typical_volume": null, "trend": null, "fair_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": 3277.0, "volume": 154564, "typical_volume": null, "trend": null, "fair_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": 3415.0, "volume": 349370, "typical_volume": null, "trend": null, "fair_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": 3418.0, "volume": 110989, "typical_volume": null, "trend": null, "fair_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": 3422.0, "volume": 201434, "typical_volume": null, "trend": null, "fair_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": 3456.0, "volume": 935299, "typical_volume": null, "trend": null, "fair_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": 3482.0, "volume": 44629, "typical_volume": null, "trend": null, "fair_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": 3475.0, "volume": 124117, "typical_volume": null, "trend": null, "fair_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": 3376.0, "volume": 265027, "typical_volume": null, "trend": null, "fair_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": 3463.0, "volume": 328869, "typical_volume": null, "trend": null, "fair_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": 3446.0, "volume": 162337, "typical_volume": null, "trend": null, "fair_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": 3432.0, "volume": 68488, "typical_volume": null, "trend": null, "fair_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": 3400.0, "volume": 56667, "typical_volume": null, "trend": null, "fair_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": 3406.0, "volume": 63669, "typical_volume": null, "trend": null, "fair_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": 3365.0, "volume": 139065, "typical_volume": null, "trend": null, "fair_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": 3304.0, "volume": 150017, "typical_volume": null, "trend": null, "fair_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": 3393.0, "volume": 84827, "typical_volume": null, "trend": null, "fair_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": 3325.0, "volume": 44574, "typical_volume": null, "trend": null, "fair_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": 3343.0, "volume": 5264749, "typical_volume": null, "trend": null, "fair_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": 3325.0, "volume": 744057, "typical_volume": null, "trend": null, "fair_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": 3342.0, "volume": 106534, "typical_volume": null, "trend": null, "fair_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": 3379.0, "volume": 56200, "typical_volume": null, "trend": null, "fair_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": 3364.0, "volume": 166219, "typical_volume": null, "trend": null, "fair_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": 3379.0, "volume": 4325, "typical_volume": null, "trend": null, "fair_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": 3388.0, "volume": 15630, "typical_volume": null, "trend": null, "fair_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": 3335.0, "volume": 16182, "typical_volume": null, "trend": null, "fair_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": 3341.0, "volume": 226785, "typical_volume": null, "trend": null, "fair_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": 3284.0, "volume": 462780, "typical_volume": null, "trend": null, "fair_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": 3352.0, "volume": 5987, "typical_volume": null, "trend": null, "fair_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": 3396.0, "volume": 29036, "typical_volume": null, "trend": null, "fair_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": 3254.0, "volume": 201652, "typical_volume": null, "trend": null, "fair_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": 3216.0, "volume": 144914, "typical_volume": null, "trend": null, "fair_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": 3196.0, "volume": 1722, "typical_volume": null, "trend": null, "fair_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": 3198.0, "volume": 23171, "typical_volume": null, "trend": null, "fair_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": 3259.0, "volume": 91392, "typical_volume": null, "trend": null, "fair_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": 3304.0, "volume": 25283, "typical_volume": null, "trend": null, "fair_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": 3361.0, "volume": 40784, "typical_volume": null, "trend": null, "fair_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": 3401.0, "volume": 22070, "typical_volume": null, "trend": null, "fair_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": 3370.0, "volume": 191421, "typical_volume": null, "trend": null, "fair_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": 3382.0, "volume": 12293, "typical_volume": null, "trend": null, "fair_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": 3473.0, "volume": 45718, "typical_volume": null, "trend": null, "fair_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": 3356.0, "volume": 4502, "typical_volume": null, "trend": null, "fair_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": 3342.0, "volume": 27835, "typical_volume": null, "trend": null, "fair_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": 3360.0, "volume": 25018, "typical_volume": 80708.75, "trend": 3336.233333, "fair_value": 3231.0375, "relative_strength": -22.261281, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 41.557681, "energy": 25.640761, "activity_lines": [ 3370.933333, 3373.327273, 3339.12381, 3336.569892 ] }, { "date": "2025-07-11", "close": 3340.0, "volume": 23057, "typical_volume": 81080.1, "trend": 3335.4, "fair_value": 3232.382716, "relative_strength": -22.942167, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 34.32862, "energy": 21.287722, "activity_lines": [ 3356.733333, 3369.545455, 3340.228571, 3336.812903 ] }, { "date": "2025-07-18", "close": 3390.0, "volume": 14147, "typical_volume": 80978.35, "trend": 3338.266667, "fair_value": 3234.304878, "relative_strength": -20.030319, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 41.931078, "energy": 21.104809, "activity_lines": [ 3362.0, 3373.381818, 3346.32381, 3340.335484 ] }, { "date": "2025-07-25", "close": 3430.0, "volume": 9210, "typical_volume": 70099.6, "trend": 3339.5, "fair_value": 3236.662651, "relative_strength": -19.367669, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 66.212482, "energy": 41.082488, "activity_lines": [ 3386.133333, 3382.927273, 3355.966667, 3346.253763 ] }, { "date": "2025-08-01", "close": 3479.0, "volume": 245482, "typical_volume": 59234.7, "trend": 3344.633333, "fair_value": 3239.547619, "relative_strength": -17.072603, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.728205, "energy": 69.408251, "activity_lines": [ 3421.666667, 3400.127273, 3369.852381, 3355.253763 ] }, { "date": "2025-08-08", "close": 3510.0, "volume": 347963, "typical_volume": 76333.5, "trend": 3350.2, "fair_value": 3242.729412, "relative_strength": -13.617462, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.959296, "energy": 82.71298, "activity_lines": [ 3458.4, 3421.545455, 3385.761905, 3365.922581 ] }, { "date": "2025-08-15", "close": 3512.0, "volume": 42692, "typical_volume": 77016.3, "trend": 3356.433333, "fair_value": 3245.860465, "relative_strength": -14.020875, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.295526, "energy": 88.449925, "activity_lines": [ 3485.8, 3440.781818, 3401.109524, 3376.36129 ] }, { "date": "2025-08-22", "close": 3522.0, "volume": 259510, "typical_volume": 79909.2, "trend": 3362.433333, "fair_value": 3249.034483, "relative_strength": -14.145853, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.722259, "energy": 90.403795, "activity_lines": [ 3505.066667, 3459.472727, 3416.857143, 3387.043011 ] }, { "date": "2025-08-29", "close": 3473.0, "volume": 57200, "typical_volume": 75523.5, "trend": 3365.566667, "fair_value": 3251.579545, "relative_strength": -16.851527, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.652905, "energy": 82.731027, "activity_lines": [ 3499.2, 3468.363636, 3426.661905, 3394.176344 ] }, { "date": "2025-09-05", "close": 3495.0, "volume": 38672, "typical_volume": 77371.0, "trend": 3369.933333, "fair_value": 3254.314607, "relative_strength": -15.132741, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.917996, "energy": 68.18471, "activity_lines": [ 3497.8, 3479.127273, 3437.338095, 3402.526882 ] }, { "date": "2025-09-12", "close": 3515.0, "volume": 97627, "typical_volume": 81093.8, "trend": 3374.466667, "fair_value": 3257.211111, "relative_strength": -15.355636, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.518129, "energy": 58.627407, "activity_lines": [ 3502.0, 3490.745455, 3448.495238, 3411.886022 ] }, { "date": "2025-09-19", "close": 3601.0, "volume": 407285, "typical_volume": 96888.45, "trend": 3381.566667, "fair_value": 3260.989011, "relative_strength": -10.574344, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.269451, "energy": 71.563202, "activity_lines": [ 3534.533333, 3515.181818, 3466.333333, 3426.501075 ] }, { "date": "2025-09-26", "close": 3558.0, "volume": 3143, "typical_volume": 95781.45, "trend": 3389.0, "fair_value": 3264.217391, "relative_strength": -11.433745, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.829188, "energy": 75.716602, "activity_lines": [ 3546.8, 3527.054545, 3478.447619, 3437.883871 ] }, { "date": "2025-10-03", "close": 3543.0, "volume": 93048, "typical_volume": 98394.65, "trend": 3395.733333, "fair_value": 3267.215054, "relative_strength": -15.70179, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.073172, "energy": 79.087656, "activity_lines": [ 3551.666667, 3533.145455, 3487.92381, 3447.819355 ] }, { "date": "2025-10-10", "close": 3539.0, "volume": 7615, "typical_volume": 97671.9, "trend": 3404.233333, "fair_value": 3270.106383, "relative_strength": -17.056111, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.564232, "energy": 70.561043, "activity_lines": [ 3550.533333, 3536.454545, 3496.152381, 3457.062366 ] }, { "date": "2025-10-17", "close": 3576.0, "volume": 8720, "typical_volume": 88536.85, "trend": 3411.7, "fair_value": 3273.326316, "relative_strength": -13.848198, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.562706, "energy": 61.685947, "activity_lines": [ 3558.8, 3545.4, 3507.247619, 3468.144086 ] }, { "date": "2025-10-24", "close": 3585.0, "volume": 37088, "typical_volume": 89776.6, "trend": 3418.0, "fair_value": 3276.572917, "relative_strength": -12.673904, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.837023, "energy": 62.034014, "activity_lines": [ 3566.0, 3554.781818, 3518.219048, 3479.324731 ] }, { "date": "2025-10-31", "close": 3596.0, "volume": 376520, "typical_volume": 106316.7, "trend": 3429.4, "fair_value": 3279.865979, "relative_strength": -13.835541, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.362685, "energy": 64.250687, "activity_lines": [ 3577.933333, 3564.836364, 3529.271429, 3490.808602 ] }, { "date": "2025-11-07", "close": 3566.0, "volume": 65308, "typical_volume": 109357.0, "trend": 3441.066667, "fair_value": 3282.785714, "relative_strength": -15.538682, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.942121, "energy": 59.874463, "activity_lines": [ 3577.333333, 3568.090909, 3536.880952, 3499.621505 ] }, { "date": "2025-11-14", "close": 3542.0, "volume": 35876, "typical_volume": 109759.05, "trend": 3452.6, "fair_value": 3285.40404, "relative_strength": -17.899301, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.942034, "energy": 50.284186, "activity_lines": [ 3567.2, 3565.290909, 3541.204762, 3506.133333 ] }, { "date": "2025-11-21", "close": 3530.0, "volume": 10588, "typical_volume": 109037.55, "trend": 3463.666667, "fair_value": 3287.85, "relative_strength": -15.74964, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.959077, "energy": 34.234519, "activity_lines": [ 3552.866667, 3559.454545, 3543.433333, 3511.126882 ] }, { "date": "2025-11-28", "close": 3588.0, "volume": 79667, "typical_volume": 111868.05, "trend": 3474.633333, "fair_value": 3290.821782, "relative_strength": -14.571236, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.397252, "energy": 33.666204, "activity_lines": [ 3560.933333, 3563.890909, 3550.37619, 3519.148387 ] }, { "date": "2025-12-05", "close": 3577.0, "volume": 19794, "typical_volume": 112150.4, "trend": 3483.733333, "fair_value": 3293.627451, "relative_strength": -17.069816, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.967154, "energy": 30.089501, "activity_lines": [ 3565.133333, 3566.563636, 3555.090476, 3525.752688 ] }, { "date": "2025-12-12", "close": 3551.0, "volume": 5013, "typical_volume": 111940.55, "trend": 3490.066667, "fair_value": 3296.126214, "relative_strength": -19.930788, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.911073, "energy": 26.70696, "activity_lines": [ 3561.933333, 3564.163636, 3556.438095, 3530.092473 ] }, { "date": "2025-12-19", "close": 3525.0, "volume": 8147, "typical_volume": 100073.8, "trend": 3494.2, "fair_value": 3298.326923, "relative_strength": -20.621084, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.050245, "energy": 21.816616, "activity_lines": [ 3551.066667, 3556.890909, 3554.733333, 3532.346237 ] }, { "date": "2025-12-26", "close": 3599.0, "volume": 58474, "typical_volume": 85599.35, "trend": 3501.833333, "fair_value": 3301.190476, "relative_strength": -17.082015, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.87791, "energy": 34.562301, "activity_lines": [ 3566.0, 3563.327273, 3559.857143, 3539.107527 ] }, { "date": "2026-01-02", "close": 3570.0, "volume": 27812, "typical_volume": 84855.35, "trend": 3508.1, "fair_value": 3303.726415, "relative_strength": -19.265974, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.802002, "energy": 25.774272, "activity_lines": [ 3566.666667, 3564.072727, 3561.795238, 3543.505376 ] }, { "date": "2026-01-09", "close": 3572.0, "volume": 12278, "typical_volume": 72493.75, "trend": 3511.4, "fair_value": 3306.233645, "relative_strength": -22.073906, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.844358, "energy": 27.017888, "activity_lines": [ 3569.2, 3565.454545, 3563.647619, 3547.627957 ] }, { "date": "2026-01-16", "close": 3588.0, "volume": 18863, "typical_volume": 70576.9, "trend": 3519.133333, "fair_value": 3308.842593, "relative_strength": -23.462276, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.020577, "energy": 36.640452, "activity_lines": [ 3577.4, 3570.181818, 3566.785714, 3552.569892 ] }, { "date": "2026-01-23", "close": 3569.0, "volume": 50267, "typical_volume": 71156.65, "trend": 3526.7, "fair_value": 3311.229358, "relative_strength": -23.610784, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.074403, "energy": 27.924438, "activity_lines": [ 3576.8, 3571.054545, 3567.566667, 3555.787097 ] }, { "date": "2026-01-30", "close": 3543.0, "volume": 31288, "typical_volume": 67839.7, "trend": 3532.8, "fair_value": 3313.336364, "relative_strength": -23.871663, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.012568, "energy": 14.202922, "activity_lines": [ 3564.6, 3566.709091, 3565.519048, 3556.83871 ] }, { "date": "2026-02-06", "close": 3523.0, "volume": 14822, "typical_volume": 48216.55, "trend": 3538.9, "fair_value": 3315.225225, "relative_strength": -24.613544, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.921875, "energy": 6.605901, "activity_lines": [ 3549.466667, 3558.490909, 3561.433333, 3556.206452 ] }, { "date": "2026-02-13", "close": 3547.0, "volume": 17210, "typical_volume": 48919.9, "trend": 3544.133333, "fair_value": 3317.294643, "relative_strength": -25.632259, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.57874, "energy": 14.139489, "activity_lines": [ 3545.466667, 3555.818182, 3560.004762, 3556.729032 ] }, { "date": "2026-02-20", "close": 3594.0, "volume": 58576, "typical_volume": 47196.3, "trend": 3549.6, "fair_value": 3319.743363, "relative_strength": -25.121637, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.187021, "energy": 14.877861, "activity_lines": [ 3558.8, 3562.236364, 3563.104762, 3559.946237 ] }, { "date": "2026-02-27", "close": 3631.0, "volume": 82833, "typical_volume": 50957.2, "trend": 3554.666667, "fair_value": 3322.473684, "relative_strength": -21.825435, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.284391, "energy": 37.870394, "activity_lines": [ 3584.066667, 3574.6, 3569.485714, 3565.197849 ] }, { "date": "2026-03-06", "close": 3466.0, "volume": 33155, "typical_volume": 52178.95, "trend": 3553.2, "fair_value": 3323.721739, "relative_strength": -28.606784, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.83745, "energy": 11.285503, "activity_lines": [ 3550.2, 3555.036364, 3559.714286, 3559.477419 ] }, { "date": "2026-03-13", "close": 3454.0, "volume": 53897, "typical_volume": 53019.4, "trend": 3551.266667, "fair_value": 3324.844828, "relative_strength": -25.182636, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.035337, "energy": 35.952155, "activity_lines": [ 3517.466667, 3535.709091, 3549.32381, 3553.077419 ] }, { "date": "2026-03-20", "close": 3391.0, "volume": 50458, "typical_volume": 36716.3, "trend": 3546.9, "fair_value": 3325.410256, "relative_strength": -28.175545, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -77.762047, "energy": 73.645467, "activity_lines": [ 3468.333333, 3507.036364, 3533.557143, 3542.737634 ] }, { "date": "2026-03-27", "close": 3385.0, "volume": 21183, "typical_volume": 34510.05, "trend": 3543.966667, "fair_value": 3325.915254, "relative_strength": -23.823288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.311197, "energy": 81.739052, "activity_lines": [ 3427.6, 3480.563636, 3518.195238, 3532.292473 ] }, { "date": "2026-04-03", "close": 3420.0, "volume": 14369, "typical_volume": 33434.7, "trend": 3541.466667, "fair_value": 3326.705882, "relative_strength": -23.982735, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.579371, "energy": 76.649061, "activity_lines": [ 3412.466667, 3464.145455, 3507.028571, 3524.294624 ] }, { "date": "2026-04-10", "close": 3481.0, "volume": 21365, "typical_volume": 33973.55, "trend": 3540.333333, "fair_value": 3327.991667, "relative_strength": -26.327069, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.386875, "energy": 67.470512, "activity_lines": [ 3431.733333, 3461.527273, 3502.252381, 3520.393548 ] }, { "date": "2026-04-17", "close": 3505.0, "volume": 36020, "typical_volume": 31791.2, "trend": 3537.133333, "fair_value": 3329.454545, "relative_strength": -24.532186, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.173236, "energy": 35.997156, "activity_lines": [ 3458.0, 3464.4, 3499.995238, 3518.113978 ] }, { "date": "2026-04-24", "close": 3515.0, "volume": 71199, "typical_volume": 34361.45, "trend": 3535.7, "fair_value": 3330.97541, "relative_strength": -22.894708, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.863709, "energy": 19.015209, "activity_lines": [ 3484.2, 3469.418182, 3499.085714, 3516.686022 ] }, { "date": "2026-05-01", "close": 3512.0, "volume": 30555, "typical_volume": 35638.55, "trend": 3534.666667, "fair_value": 3332.447154, "relative_strength": -23.343794, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.919124, "energy": 22.368516, "activity_lines": [ 3501.133333, 3474.472727, 3498.185714, 3515.156989 ] }, { "date": "2026-05-08", "close": 3535.0, "volume": 28462, "typical_volume": 36654.3, "trend": 3534.533333, "fair_value": 3334.080645, "relative_strength": -23.703117, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.14478, "energy": 19.001574, "activity_lines": [ 3517.266667, 3485.2, 3499.661905, 3515.178495 ] }, { "date": "2026-05-15", "close": 3544.0, "volume": 30787, "typical_volume": 35269.95, "trend": 3533.466667, "fair_value": 3335.76, "relative_strength": -20.533818, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.72894, "energy": 17.886309, "activity_lines": [ 3528.733333, 3499.309091, 3501.947619, 3515.789247 ] }, { "date": "2026-05-22", "close": 3528.0, "volume": 13251, "typical_volume": 34541.9, "trend": 3531.566667, "fair_value": 3337.285714, "relative_strength": -20.291725, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.500551, "energy": 15.109718, "activity_lines": [ 3530.666667, 3509.090909, 3502.971429, 3515.436559 ] }, { "date": "2026-05-29", "close": 3496.0, "volume": 20441, "typical_volume": 34950.05, "trend": 3528.233333, "fair_value": 3338.535433, "relative_strength": -21.428989, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.457333, "energy": 12.677588, "activity_lines": [ 3520.4, 3511.709091, 3501.147619, 3513.141935 ] }, { "date": "2026-06-05", "close": 36.0, "volume": 14655, "typical_volume": 34739.65, "trend": 3410.566667, "fair_value": 3312.734375, "relative_strength": -99.134805, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.499055, "energy": 96.408201, "activity_lines": [ 2358.066667, 2883.327273, 3170.161905, 3287.836559 ] }, { "date": "2026-06-12", "close": 35.79, "volume": 698, "typical_volume": 32261.2, "trend": 3293.693, "fair_value": 3287.331705, "relative_strength": -99.13294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.278333, "energy": 97.636716, "activity_lines": [ 1427.396667, 2315.798182, 2856.070476, 3070.109032 ] }, { "date": "2026-06-19", "close": 36.74, "volume": 5898, "typical_volume": 30991.7, "trend": 3177.251, "fair_value": 3262.327154, "relative_strength": -99.044384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.476805, "energy": 98.066583, "activity_lines": [ 730.324, 1809.972909, 2558.894333, 2859.983032 ] }, { "date": "2026-06-26", "close": 36.37, "volume": 220, "typical_volume": 30261.6, "trend": 3058.863333, "fair_value": 3237.701527, "relative_strength": -99.003231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.20389, "energy": 94.821347, "activity_lines": [ 266.945333, 1366.703273, 2278.379429, 2657.345548 ] }, { "date": "2026-07-03", "close": 37.15, "volume": 3814, "typical_volume": 29591.8, "trend": 2940.868333, "fair_value": 3213.454924, "relative_strength": -98.981673, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.6666, "energy": 89.033185, "activity_lines": [ 36.602, 986.641455, 2014.54181, 2462.396301 ] }, { "date": "2026-07-10", "close": 37.33, "volume": 26652, "typical_volume": 27995.6, "trend": 2823.746, "fair_value": 3189.574286, "relative_strength": -98.934357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.332635, "energy": 88.564472, "activity_lines": [ 36.908667, 669.846, 1767.434905, 2275.071247 ] }, { "date": "2026-07-17", "close": 37.22, "volume": 49933, "typical_volume": 26350.6, "trend": 2707.486667, "fair_value": 3166.049254, "relative_strength": -98.932747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.994214, "energy": 81.450394, "activity_lines": [ 37.09, 416.206364, 1537.254048, 2095.295376 ] }, { "date": "2026-07-24", "close": 37.44, "volume": 82580, "typical_volume": 28821.85, "trend": 2588.768, "fair_value": 3142.87437, "relative_strength": -98.927412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.635099, "energy": 67.556576, "activity_lines": [ 37.249333, 226.202727, 1324.207381, 1923.034301 ] }, { "date": "2026-07-31", "close": 37.79, "volume": 128707, "typical_volume": 32562.35, "trend": 2471.027667, "fair_value": 3120.042868, "relative_strength": -98.859773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.23107, "energy": 66.917971, "activity_lines": [ 37.478667, 100.018364, 1127.520524, 1758.455075 ] }, { "date": "2026-08-07", "close": 38.16, "volume": 24630, "typical_volume": 31270.95, "trend": 2353.233, "fair_value": 3097.547372, "relative_strength": -98.820284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.792326, "energy": 63.04511, "activity_lines": [ 37.736667, 37.359636, 947.136571, 1601.495871 ] } ], "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." } } }