{ "ticker": { "uuid": "f5f823f5-8cb5-49fc-826d-e3772ade963e", "symbol": "LCEUD", "name": "BNP Paribas Easy Low Carbon 100 Europe PAB UCITS ETF SD Income", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 87.207, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 85.882, "architecture_energy": 95.059, "architecture_maturity": 14.858, "architecture_confidence": 72.257, "architecture_tenure": "Developing", "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": 7.82, "rotation_up": 83.28, "upward_expansion": 95.33, "deceleration": 44.67, "rotation_down": 8.0, "downward_expansion": 22.0 }, "activity_lines": [ 1474.920003, 1446.178201, 1421.211682, 1408.676258 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 1481.0, "trend_reference": 1396.213863, "distance_from_trend": 0.060726, "trend_direction": "Improving", "fair_value": 1318.486775, "distance_from_fair_value": 0.123257, "fair_value_direction": "Improving", "relative_strength": 1.845733, "relative_strength_direction": "Weakening", "price_momentum": 0.069751, "excess_performance": 0.01644, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.060726, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.022198, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.123257, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.059609, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.018457, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.024713, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.069751, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.0, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 5.0, "dry_up": 0.531646, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.004737, "annualized_volatility": 0.115865, "from_high_reference": 0.0, "from_low_reference": 0.17202 }, "levels": { "trend_reference": 1396.213863, "fair_value_reference": 1318.486775, "structural_low": 1305.921147, "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": 0.0, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.008441, "regime_survival": 0.777778, "best_return": 0.065621, "worst_return": -0.041919, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.052217, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.016969, "regime_survival": 0.666667, "best_return": 0.065621, "worst_return": 0.005465, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.057967, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.027269, "regime_survival": 0.0, "best_return": 0.057967, "worst_return": 0.057967, "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": "2025-10-17", "end": "2026-03-13", "tenure": "Established", "return": 0.040522, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.041616, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-06-05", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-07-03", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.065621, "active": true } ], "chart_path": [ { "date": "2024-04-12", "close": 1229.359863, "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": "2024-04-19", "close": 1212.723877, "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": "2024-04-26", "close": 1241.080688, "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": "2024-05-03", "close": 1241.836792, "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": "2024-05-10", "close": 1272.651123, "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": "2024-05-17", "close": 1287.20752, "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": "2024-05-24", "close": 1285.884277, "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": "2024-05-31", "close": 1281.347046, "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": "2024-06-07", "close": 1308.002563, "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": "2024-06-14", "close": 1278.133423, "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": "2024-06-21", "close": 1285.69519, "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": "2024-06-28", "close": 1276.053955, "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": "2024-07-05", "close": 1284.749878, "volume": 15, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 1307.813477, "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": "2024-07-19", "close": 1307.813477, "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": "2024-07-26", "close": 1307.813477, "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": "2024-08-02", "close": 1307.813477, "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": "2024-08-09", "close": 1307.813477, "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": "2024-08-16", "close": 1307.813477, "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": "2024-08-23", "close": 1307.813477, "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": "2024-08-30", "close": 1307.813477, "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": "2024-09-06", "close": 1307.813477, "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": "2024-09-13", "close": 1307.813477, "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": "2024-09-20", "close": 1307.813477, "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": "2024-09-27", "close": 1307.813477, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 1324.673584, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 1278.988525, "volume": 8346, "typical_volume": null, "trend": null, "fair_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": 1278.988525, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-18", "close": 1278.988525, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-25", "close": 1230.581543, "volume": 342, "typical_volume": null, "trend": null, "fair_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": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-09", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-16", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-23", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-30", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-06", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-13", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-20", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-27", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-04", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-11", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-18", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-25", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-01", "close": 1230.581543, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-08", "close": 1280.349121, "volume": 16, "typical_volume": null, "trend": null, "fair_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": 1280.349121, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-22", "close": 1280.349121, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-29", "close": 1280.349121, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-05", "close": 1280.349121, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-12", "close": 1280.349121, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-19", "close": 1280.349121, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-26", "close": 1263.630371, "volume": 4, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-03", "close": 1263.630371, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-10", "close": 1263.630371, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-17", "close": 1315.730835, "volume": 960, "typical_volume": 49.0, "trend": 1256.31427, "fair_value": 1287.309445, "relative_strength": -3.659642, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.981812, "energy": 65.593975, "activity_lines": [ 1282.111776, 1279.486705, 1268.75522, 1260.415769 ] }, { "date": "2025-10-24", "close": 1323.27478, "volume": 424, "typical_volume": 70.2, "trend": 1256.267643, "fair_value": 1287.753462, "relative_strength": -3.537542, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.920853, "energy": 76.082823, "activity_lines": [ 1297.405298, 1287.559999, 1275.046629, 1264.735802 ] }, { "date": "2025-10-31", "close": 1307.760376, "volume": 20, "typical_volume": 71.2, "trend": 1257.226705, "fair_value": 1287.997448, "relative_strength": -3.242967, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.02418, "energy": 69.570573, "activity_lines": [ 1304.665641, 1292.032025, 1279.41908, 1268.057914 ] }, { "date": "2025-11-07", "close": 1297.845581, "volume": 4, "typical_volume": 71.4, "trend": 1257.855273, "fair_value": 1288.116101, "relative_strength": -1.716502, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.952387, "energy": 87.654528, "activity_lines": [ 1305.679053, 1294.202974, 1282.479746, 1270.678487 ] }, { "date": "2025-11-14", "close": 1297.845581, "volume": 0, "typical_volume": 71.4, "trend": 1258.483842, "fair_value": 1288.231928, "relative_strength": -4.102501, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.780855, "energy": 87.53869, "activity_lines": [ 1304.41145, 1296.055806, 1285.220107, 1273.258507 ] }, { "date": "2025-11-21", "close": 1297.845581, "volume": 0, "typical_volume": 71.4, "trend": 1260.725977, "fair_value": 1288.34503, "relative_strength": -1.622273, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.327008, "energy": 64.295877, "activity_lines": [ 1300.862834, 1297.590521, 1287.640163, 1275.797974 ] }, { "date": "2025-11-28", "close": 1346.361328, "volume": 51, "typical_volume": 73.95, "trend": 1264.585303, "fair_value": 1289.019638, "relative_strength": 0.498262, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.480833, "energy": 74.602741, "activity_lines": [ 1314.678483, 1307.628163, 1294.360461, 1281.322835 ] }, { "date": "2025-12-05", "close": 1346.361328, "volume": 0, "typical_volume": 73.95, "trend": 1268.444629, "fair_value": 1289.678738, "relative_strength": 0.743168, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.339851, "energy": 75.981756, "activity_lines": [ 1326.955029, 1316.465583, 1300.529428, 1286.598708 ] }, { "date": "2025-12-12", "close": 1346.361328, "volume": 0, "typical_volume": 73.95, "trend": 1272.303955, "fair_value": 1290.322858, "relative_strength": 1.460174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.993124, "energy": 75.412159, "activity_lines": [ 1336.658179, 1323.798804, 1306.147062, 1291.625591 ] }, { "date": "2025-12-19", "close": 1346.361328, "volume": 0, "typical_volume": 73.95, "trend": 1276.163281, "fair_value": 1290.952504, "relative_strength": 0.629262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.664078, "energy": 89.857975, "activity_lines": [ 1343.126945, 1329.627825, 1311.213363, 1296.403486 ] }, { "date": "2025-12-26", "close": 1346.361328, "volume": 0, "typical_volume": 73.15, "trend": 1280.022607, "fair_value": 1291.568157, "relative_strength": 1.388571, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.228106, "energy": 88.258476, "activity_lines": [ 1346.361328, 1333.952648, 1315.728332, 1300.932393 ] }, { "date": "2026-01-02", "close": 1346.361328, "volume": 0, "typical_volume": 73.15, "trend": 1283.881934, "fair_value": 1292.17028, "relative_strength": 0.462677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.02471, "energy": 83.051202, "activity_lines": [ 1346.361328, 1337.720552, 1319.928958, 1305.21231 ] }, { "date": "2026-01-09", "close": 1381.47522, "volume": 609, "typical_volume": 103.6, "trend": 1288.911723, "fair_value": 1293.140986, "relative_strength": 1.180948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.441424, "energy": 76.700006, "activity_lines": [ 1358.065959, 1347.453045, 1327.15942, 1311.508651 ] }, { "date": "2026-01-16", "close": 1384.434204, "volume": 13, "typical_volume": 104.25, "trend": 1294.040145, "fair_value": 1294.122633, "relative_strength": 2.714748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.630376, "energy": 97.598259, "activity_lines": [ 1368.415991, 1356.383265, 1334.190137, 1317.671392 ] }, { "date": "2026-01-23", "close": 1384.434204, "volume": 0, "typical_volume": 104.25, "trend": 1299.168567, "fair_value": 1295.083395, "relative_strength": 4.140757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.900119, "energy": 95.383423, "activity_lines": [ 1376.227832, 1363.739147, 1340.72521, 1323.503267 ] }, { "date": "2026-01-30", "close": 1384.434204, "volume": 0, "typical_volume": 104.25, "trend": 1304.296989, "fair_value": 1296.02393, "relative_strength": 4.306534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.866768, "energy": 91.900844, "activity_lines": [ 1381.501481, 1369.52069, 1346.764641, 1329.004276 ] }, { "date": "2026-02-06", "close": 1384.434204, "volume": 0, "typical_volume": 104.25, "trend": 1309.425411, "fair_value": 1296.94487, "relative_strength": 2.435167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.404942, "energy": 89.287626, "activity_lines": [ 1384.236938, 1373.727894, 1352.308428, 1334.174418 ] }, { "date": "2026-02-13", "close": 1384.434204, "volume": 0, "typical_volume": 104.05, "trend": 1314.553833, "fair_value": 1297.846822, "relative_strength": 1.912954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.655037, "energy": 88.975042, "activity_lines": [ 1384.434204, 1377.242864, 1357.356572, 1339.013695 ] }, { "date": "2026-02-20", "close": 1384.434204, "volume": 0, "typical_volume": 104.05, "trend": 1319.682255, "fair_value": 1298.730367, "relative_strength": -0.527055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.282584, "energy": 74.060801, "activity_lines": [ 1384.434204, 1380.065601, 1361.82946, 1343.522106 ] }, { "date": "2026-02-27", "close": 1384.434204, "volume": 0, "typical_volume": 104.05, "trend": 1324.810677, "fair_value": 1299.596062, "relative_strength": -1.260771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.999722, "energy": 88.099324, "activity_lines": [ 1384.434204, 1382.196103, 1365.727091, 1347.699652 ] }, { "date": "2026-03-06", "close": 1384.434204, "volume": 0, "typical_volume": 56.05, "trend": 1328.28018, "fair_value": 1300.444443, "relative_strength": 5.86781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.664752, "energy": 87.628671, "activity_lines": [ 1384.434204, 1383.63437, 1369.049466, 1351.546331 ] }, { "date": "2026-03-13", "close": 1369.047241, "volume": 18, "typical_volume": 35.75, "trend": 1331.236784, "fair_value": 1301.123679, "relative_strength": 5.675808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.959963, "energy": 63.108674, "activity_lines": [ 1379.305216, 1381.582775, 1370.579257, 1354.176464 ] }, { "date": "2026-03-20", "close": 1369.047241, "volume": 0, "typical_volume": 34.75, "trend": 1334.193388, "fair_value": 1301.789596, "relative_strength": 8.888144, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.005144, "energy": 56.277333, "activity_lines": [ 1375.202026, 1379.118708, 1371.891084, 1356.615848 ] }, { "date": "2026-03-27", "close": 1369.047241, "volume": 0, "typical_volume": 34.55, "trend": 1337.149992, "fair_value": 1302.442583, "relative_strength": 8.242356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.540975, "energy": 35.897903, "activity_lines": [ 1372.124634, 1376.880604, 1372.911068, 1358.864484 ] }, { "date": "2026-04-03", "close": 1326.400024, "volume": 264, "typical_volume": 47.75, "trend": 1338.685022, "fair_value": 1302.672943, "relative_strength": 1.550005, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -28.12048, "energy": 45.272513, "activity_lines": [ 1355.8573, 1367.168224, 1369.530358, 1358.170937 ] }, { "date": "2026-04-10", "close": 1381.599976, "volume": 86, "typical_volume": 52.05, "trend": 1342.06005, "fair_value": 1303.424629, "relative_strength": 2.122538, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 29.428314, "energy": 33.862906, "activity_lines": [ 1361.858895, 1368.547365, 1371.270812, 1360.939644 ] }, { "date": "2026-04-17", "close": 1392.0, "volume": 2, "typical_volume": 49.6, "trend": 1345.781746, "fair_value": 1304.260246, "relative_strength": 0.992155, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.631818, "energy": 26.197909, "activity_lines": [ 1371.516113, 1371.868952, 1373.602914, 1364.161576 ] }, { "date": "2026-04-24", "close": 1392.0, "volume": 0, "typical_volume": 49.6, "trend": 1350.060734, "fair_value": 1305.080244, "relative_strength": 4.211414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.158654, "energy": 43.85373, "activity_lines": [ 1379.643148, 1375.052978, 1375.717689, 1367.143399 ] }, { "date": "2026-05-01", "close": 1389.800049, "volume": 1, "typical_volume": 49.65, "trend": 1354.26639, "fair_value": 1305.864686, "relative_strength": 4.439558, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.571646, "energy": 60.500132, "activity_lines": [ 1385.506681, 1377.699454, 1377.405618, 1369.707226 ] }, { "date": "2026-05-08", "close": 1389.800049, "volume": 0, "typical_volume": 49.65, "trend": 1358.472046, "fair_value": 1306.634735, "relative_strength": 4.31707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.44472, "energy": 76.798515, "activity_lines": [ 1389.986694, 1380.248369, 1378.886696, 1371.99972 ] }, { "date": "2026-05-15", "close": 1389.800049, "volume": 0, "typical_volume": 49.65, "trend": 1360.94102, "fair_value": 1307.390784, "relative_strength": 6.183246, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.757748, "energy": 73.434057, "activity_lines": [ 1390.240039, 1382.699723, 1380.160923, 1374.020882 ] }, { "date": "2026-05-22", "close": 1389.800049, "volume": 0, "typical_volume": 49.65, "trend": 1363.158529, "fair_value": 1308.13321, "relative_strength": 3.90059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.808175, "energy": 55.902417, "activity_lines": [ 1389.946712, 1385.053516, 1381.228299, 1375.882754 ] }, { "date": "2026-05-29", "close": 1389.800049, "volume": 0, "typical_volume": 19.2, "trend": 1365.893184, "fair_value": 1308.862378, "relative_strength": 2.909305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.754792, "energy": 45.028953, "activity_lines": [ 1389.800049, 1387.029985, 1382.088824, 1377.601562 ] }, { "date": "2026-06-05", "close": 1389.800049, "volume": 0, "typical_volume": 18.55, "trend": 1368.958333, "fair_value": 1309.57864, "relative_strength": 2.33582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.59142, "energy": 39.440512, "activity_lines": [ 1389.800049, 1388.629131, 1382.909706, 1379.143941 ] }, { "date": "2026-06-12", "close": 1389.800049, "volume": 0, "typical_volume": 18.55, "trend": 1372.023482, "fair_value": 1310.282337, "relative_strength": 0.636825, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.437748, "energy": 35.435339, "activity_lines": [ 1389.800049, 1389.850952, 1383.705037, 1380.488567 ] }, { "date": "2026-06-19", "close": 1389.800049, "volume": 0, "typical_volume": 18.55, "trend": 1375.088631, "fair_value": 1310.973795, "relative_strength": -0.236549, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.775647, "energy": 32.018044, "activity_lines": [ 1389.800049, 1389.920046, 1384.474817, 1381.635443 ] }, { "date": "2026-06-26", "close": 1389.800049, "volume": 0, "typical_volume": 18.55, "trend": 1376.536589, "fair_value": 1311.653332, "relative_strength": 0.127947, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.009193, "energy": 28.60862, "activity_lines": [ 1389.800049, 1389.840048, 1385.219045, 1382.584566 ] }, { "date": "2026-07-03", "close": 1389.800049, "volume": 0, "typical_volume": 18.55, "trend": 1377.984546, "fair_value": 1312.321253, "relative_strength": -1.361564, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 49.079974, "energy": 50.272318, "activity_lines": [ 1389.800049, 1389.800049, 1385.937721, 1383.440274 ] }, { "date": "2026-07-10", "close": 1389.800049, "volume": 0, "typical_volume": 18.55, "trend": 1379.432503, "fair_value": 1312.977853, "relative_strength": 0.527917, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.161913, "energy": 84.302658, "activity_lines": [ 1389.800049, 1389.800049, 1386.630846, 1384.202564 ] }, { "date": "2026-07-17", "close": 1481.0, "volume": 42, "typical_volume": 20.65, "trend": 1383.920459, "fair_value": 1314.389803, "relative_strength": 6.875126, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.2486, "energy": 97.496405, "activity_lines": [ 1420.200033, 1406.381858, 1395.984128, 1390.755306 ] }, { "date": "2026-07-24", "close": 1481.0, "volume": 0, "typical_volume": 20.65, "trend": 1388.408415, "fair_value": 1315.778222, "relative_strength": 6.204232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.653112, "energy": 98.127161, "activity_lines": [ 1444.52002, 1421.305487, 1404.877573, 1397.018502 ] }, { "date": "2026-07-31", "close": 1481.0, "volume": 0, "typical_volume": 19.75, "trend": 1392.89637, "fair_value": 1317.143691, "relative_strength": 4.357817, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.22276, "energy": 98.327945, "activity_lines": [ 1462.76001, 1434.570934, 1413.311182, 1402.992153 ] }, { "date": "2026-08-07", "close": 1481.0, "volume": 0, "typical_volume": 19.75, "trend": 1396.213863, "fair_value": 1318.486775, "relative_strength": 1.845733, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.881849, "energy": 95.058643, "activity_lines": [ 1474.920003, 1446.178201, 1421.211682, 1408.676258 ] } ], "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." } } }