{ "ticker": { "uuid": "f827d8ac-df20-49e9-8fc7-34871bf4e917", "symbol": "EBUY", "name": "Amundi MSCI Digital Economy UCITS ETF Acc", "exchange": "PAR", "country": "FR", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.851, "architecture_energy": 64.958, "architecture_maturity": 56.683, "architecture_confidence": 92.941, "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": 18.09, "rotation_up": 57.15, "upward_expansion": 84.18, "deceleration": 62.38, "rotation_down": 27.66, "downward_expansion": 10.85 }, "activity_lines": [ 20.377733, 20.159382, 19.732605, 18.928312 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 21.135, "trend_reference": 17.992233, "distance_from_trend": 0.174674, "trend_direction": "Improving", "fair_value": 16.444134, "distance_from_fair_value": 0.285261, "fair_value_direction": "Improving", "relative_strength": 11.634518, "relative_strength_direction": "Weakening", "price_momentum": 0.325161, "excess_performance": 0.27185, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.174674, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.055236, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.285261, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.096091, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.116345, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.005632, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.325161, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 16.250374, "read": "Demand-led" } ], "volume": { "latest": 2557, "relative_activity": 0.621053, "balance": 16.250374, "dry_up": 0.921986, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.034478, "annualized_volatility": 0.216279, "from_high_reference": -0.018574, "from_low_reference": 0.423616 }, "levels": { "trend_reference": 17.992233, "fair_value_reference": 16.444134, "structural_low": 14.846, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": -0.013405, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.024968, "regime_survival": 1.0, "best_return": 0.012053, "worst_return": -0.038863, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-02-06", "tenure": "Developing", "return": -0.068182, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-13", "end": "2026-02-20", "tenure": "New", "return": 0.008078, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.148758, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-22", "tenure": "New", "return": 0.107524, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.046339, "active": true } ], "chart_path": [ { "date": "2024-06-21", "close": 14.273, "volume": 828, "typical_volume": null, "trend": null, "fair_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": 14.371, "volume": 9467, "typical_volume": null, "trend": null, "fair_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": 14.441, "volume": 3779, "typical_volume": null, "trend": null, "fair_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": 14.557, "volume": 1406, "typical_volume": null, "trend": null, "fair_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": 13.957, "volume": 2681, "typical_volume": null, "trend": null, "fair_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": 13.669, "volume": 39138, "typical_volume": null, "trend": null, "fair_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": 13.058, "volume": 26706, "typical_volume": null, "trend": null, "fair_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": 13.251, "volume": 28694, "typical_volume": null, "trend": null, "fair_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": 13.827, "volume": 15928, "typical_volume": null, "trend": null, "fair_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": 13.882, "volume": 1416, "typical_volume": null, "trend": null, "fair_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": 13.937, "volume": 1827, "typical_volume": null, "trend": null, "fair_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": 13.565, "volume": 1056, "typical_volume": null, "trend": null, "fair_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": 14.011, "volume": 85262, "typical_volume": null, "trend": null, "fair_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": 14.189, "volume": 3434, "typical_volume": null, "trend": null, "fair_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": 14.736, "volume": 2268, "typical_volume": null, "trend": null, "fair_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": 15.057, "volume": 4632, "typical_volume": null, "trend": null, "fair_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": 15.311, "volume": 2119, "typical_volume": null, "trend": null, "fair_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": 15.378, "volume": 40011, "typical_volume": null, "trend": null, "fair_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": 15.363, "volume": 26079, "typical_volume": null, "trend": null, "fair_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": 15.266, "volume": 2579, "typical_volume": null, "trend": null, "fair_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": 16.066999, "volume": 22671, "typical_volume": null, "trend": null, "fair_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": 16.017, "volume": 14046, "typical_volume": null, "trend": null, "fair_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": 16.448999, "volume": 22111, "typical_volume": null, "trend": null, "fair_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": 16.389, "volume": 17249, "typical_volume": null, "trend": null, "fair_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": 16.597, "volume": 15076, "typical_volume": null, "trend": null, "fair_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": 16.697001, "volume": 1472, "typical_volume": null, "trend": null, "fair_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": 16.499001, "volume": 515, "typical_volume": null, "trend": null, "fair_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": 16.458, "volume": 868, "typical_volume": null, "trend": null, "fair_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": 16.546, "volume": 990772, "typical_volume": null, "trend": null, "fair_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": 16.198, "volume": 6206, "typical_volume": null, "trend": null, "fair_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": 16.77, "volume": 19263, "typical_volume": null, "trend": null, "fair_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": 16.952, "volume": 3325, "typical_volume": null, "trend": null, "fair_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": 17.201, "volume": 10311, "typical_volume": null, "trend": null, "fair_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": 17.226999, "volume": 5536, "typical_volume": null, "trend": null, "fair_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": 17.198, "volume": 1701, "typical_volume": null, "trend": null, "fair_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": 17.434, "volume": 9892, "typical_volume": null, "trend": null, "fair_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": 16.561001, "volume": 4335, "typical_volume": null, "trend": null, "fair_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": 15.32, "volume": 6897, "typical_volume": null, "trend": null, "fair_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": 15.029, "volume": 14358, "typical_volume": null, "trend": null, "fair_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": 15.415, "volume": 2411, "typical_volume": null, "trend": null, "fair_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": 14.87, "volume": 3544, "typical_volume": null, "trend": null, "fair_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": 13.426, "volume": 29564, "typical_volume": null, "trend": null, "fair_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": 13.31, "volume": 7990, "typical_volume": null, "trend": null, "fair_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": 13.5, "volume": 645, "typical_volume": null, "trend": null, "fair_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": 14.244, "volume": 5397, "typical_volume": null, "trend": null, "fair_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": 14.728, "volume": 2022, "typical_volume": null, "trend": null, "fair_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": 15.067, "volume": 1379, "typical_volume": null, "trend": null, "fair_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": 15.789, "volume": 1779, "typical_volume": null, "trend": null, "fair_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": 15.369, "volume": 3775, "typical_volume": null, "trend": null, "fair_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": 15.673, "volume": 21539, "typical_volume": null, "trend": null, "fair_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": 16.098, "volume": 9716, "typical_volume": null, "trend": null, "fair_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": 15.576, "volume": 2131, "typical_volume": null, "trend": null, "fair_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": 15.559, "volume": 334, "typical_volume": null, "trend": null, "fair_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": 15.993, "volume": 7614, "typical_volume": null, "trend": null, "fair_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": 15.929, "volume": 24365, "typical_volume": null, "trend": null, "fair_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": 16.066999, "volume": 3889, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-18", "close": 16.372999, "volume": 5855, "typical_volume": null, "trend": null, "fair_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": 16.451, "volume": 9536, "typical_volume": null, "trend": null, "fair_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": 15.991, "volume": 6050, "typical_volume": null, "trend": null, "fair_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": 16.277, "volume": 1021, "typical_volume": null, "trend": null, "fair_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": 16.495001, "volume": 20958, "typical_volume": null, "trend": null, "fair_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": 16.687, "volume": 2262, "typical_volume": null, "trend": null, "fair_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": 16.549999, "volume": 1945, "typical_volume": null, "trend": null, "fair_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": 16.642, "volume": 1972, "typical_volume": null, "trend": null, "fair_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": 17.198999, "volume": 2314, "typical_volume": null, "trend": null, "fair_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": 17.563999, "volume": 4036, "typical_volume": null, "trend": null, "fair_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": 17.589001, "volume": 5510, "typical_volume": null, "trend": null, "fair_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": 17.950001, "volume": 7168, "typical_volume": null, "trend": null, "fair_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": 17.868, "volume": 4834, "typical_volume": null, "trend": null, "fair_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": 17.434, "volume": 690, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-24", "close": 17.896999, "volume": 938, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-31", "close": 18.235001, "volume": 6179, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-07", "close": 17.587999, "volume": 16538, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-14", "close": 17.351999, "volume": 6138, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-21", "close": 16.646999, "volume": 27979, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-28", "close": 17.24, "volume": 5405, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-05", "close": 17.671, "volume": 2727, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-12", "close": 17.205, "volume": 30944, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-19", "close": 17.122999, "volume": 2174, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-26", "close": 17.115999, "volume": 11236, "typical_volume": 8097.35, "trend": 16.878866, "fair_value": 15.843312, "relative_strength": 1.457693, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 11.094103, "energy": 6.353651, "activity_lines": [ 17.217933, 17.269418, 17.380471, 17.198436 ] }, { "date": "2026-01-02", "close": 17.062, "volume": 4231, "typical_volume": 7261.0, "trend": 16.911, "fair_value": 15.858358, "relative_strength": 0.182779, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 7.209947, "energy": 9.612871, "activity_lines": [ 17.148266, 17.206618, 17.357557, 17.210251 ] }, { "date": "2026-01-09", "close": 17.448999, "volume": 7493, "typical_volume": 7522.55, "trend": 16.973433, "fair_value": 15.877756, "relative_strength": 0.497027, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 16.438051, "energy": 9.683841, "activity_lines": [ 17.219466, 17.229363, 17.3688, 17.244961 ] }, { "date": "2026-01-16", "close": 17.281, "volume": 5047, "typical_volume": 7677.65, "trend": 17.030833, "fair_value": 15.894663, "relative_strength": 0.849816, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 22.173765, "energy": 9.85664, "activity_lines": [ 17.249466, 17.235854, 17.360414, 17.264804 ] }, { "date": "2026-01-23", "close": 17.017, "volume": 5082, "typical_volume": 7833.15, "trend": 17.064966, "fair_value": 15.908024, "relative_strength": 0.767879, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 4.18282, "energy": 4.499745, "activity_lines": [ 17.1864, 17.199927, 17.323404, 17.263912 ] }, { "date": "2026-01-30", "close": 16.645, "volume": 4465, "typical_volume": 7940.7, "trend": 17.088833, "fair_value": 15.916694, "relative_strength": -1.128811, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -24.481366, "energy": 19.31512, "activity_lines": [ 17.0064, 17.102454, 17.249181, 17.236817 ] }, { "date": "2026-02-06", "close": 15.949, "volume": 16750, "typical_volume": 8576.4, "trend": 17.0849, "fair_value": 15.91707, "relative_strength": -6.74806, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -50.450329, "energy": 57.068822, "activity_lines": [ 16.6258, 16.878472, 17.111309, 17.163279 ] }, { "date": "2026-02-13", "close": 15.721, "volume": 27794, "typical_volume": 9690.6, "trend": 17.063166, "fair_value": 15.914816, "relative_strength": -8.319982, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.502611, "energy": 71.63102, "activity_lines": [ 16.2434, 16.636509, 16.959414, 17.075286 ] }, { "date": "2026-02-20", "close": 15.848, "volume": 3780, "typical_volume": 9521.2, "trend": 17.043066, "fair_value": 15.914057, "relative_strength": -9.55728, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.307267, "energy": 85.141502, "activity_lines": [ 16.018533, 16.453091, 16.828509, 16.996888 ] }, { "date": "2026-02-27", "close": 15.421, "volume": 7011, "typical_volume": 9630.05, "trend": 17.024066, "fair_value": 15.908517, "relative_strength": -12.463438, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.964923, "energy": 92.266039, "activity_lines": [ 15.746867, 16.216709, 16.666947, 16.892238 ] }, { "date": "2026-03-06", "close": 15.929, "volume": 2512, "typical_volume": 9721.15, "trend": 17.012466, "fair_value": 15.908744, "relative_strength": -3.033366, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.713589, "energy": 83.02277, "activity_lines": [ 15.750933, 16.103636, 16.565419, 16.821589 ] }, { "date": "2026-03-13", "close": 15.86, "volume": 34810, "typical_volume": 11414.75, "trend": 16.9913, "fair_value": 15.908209, "relative_strength": -2.574157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.069947, "energy": 71.84091, "activity_lines": [ 15.779733, 15.9996, 16.464486, 16.747236 ] }, { "date": "2026-03-20", "close": 15.534, "volume": 7931, "typical_volume": 11502.35, "trend": 16.952866, "fair_value": 15.904141, "relative_strength": -1.616616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.869282, "energy": 58.802095, "activity_lines": [ 15.7058, 15.858145, 16.342205, 16.653217 ] }, { "date": "2026-03-27", "close": 14.882, "volume": 15862, "typical_volume": 11468.55, "trend": 16.897266, "fair_value": 15.89315, "relative_strength": -6.237685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.839131, "energy": 62.524604, "activity_lines": [ 15.427, 15.632964, 16.17069, 16.519613 ] }, { "date": "2026-04-03", "close": 15.544, "volume": 6423, "typical_volume": 11482.8, "trend": 16.860666, "fair_value": 15.889436, "relative_strength": -5.364304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.99376, "energy": 52.484177, "activity_lines": [ 15.433267, 15.571764, 16.075109, 16.432305 ] }, { "date": "2026-04-10", "close": 15.993, "volume": 8200, "typical_volume": 10493.85, "trend": 16.820466, "fair_value": 15.890526, "relative_strength": -6.189391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.34691, "energy": 45.459597, "activity_lines": [ 15.581, 15.618982, 16.0309, 16.376327 ] }, { "date": "2026-04-17", "close": 17.410999, "volume": 1624, "typical_volume": 10304.8, "trend": 16.815366, "fair_value": 15.906364, "relative_strength": -0.077233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.544798, "energy": 9.947408, "activity_lines": [ 16.197133, 15.935873, 16.124852, 16.414426 ] }, { "date": "2026-04-24", "close": 17.715, "volume": 4685, "typical_volume": 10402.7, "trend": 16.819566, "fair_value": 15.92501, "relative_strength": 4.724724, "stage": 2, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.852018, "energy": 30.580035, "activity_lines": [ 16.8112, 16.281454, 16.246943, 16.472466 ] }, { "date": "2026-05-01", "close": 17.968, "volume": 4743, "typical_volume": 9092.65, "trend": 16.820166, "fair_value": 15.945857, "relative_strength": 6.468139, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.374274, "energy": 48.64537, "activity_lines": [ 17.3642, 16.636782, 16.392919, 16.546559 ] }, { "date": "2026-05-08", "close": 18.999001, "volume": 6220, "typical_volume": 9294.95, "trend": 16.857866, "fair_value": 15.976697, "relative_strength": 12.19769, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.680318, "energy": 78.942876, "activity_lines": [ 18.055134, 17.141018, 16.633452, 16.687129 ] }, { "date": "2026-05-15", "close": 19.243999, "volume": 6236, "typical_volume": 9044.95, "trend": 16.9182, "fair_value": 16.00937, "relative_strength": 15.486638, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.708215, "energy": 85.302633, "activity_lines": [ 18.5974, 17.624745, 16.888386, 16.841073 ] }, { "date": "2026-05-22", "close": 19.9, "volume": 3883, "typical_volume": 9027.55, "trend": 16.984966, "fair_value": 16.047891, "relative_strength": 16.524711, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.736407, "energy": 95.901985, "activity_lines": [ 19.1416, 18.167473, 17.195662, 17.033447 ] }, { "date": "2026-05-29", "close": 20.198999, "volume": 4319, "typical_volume": 8868.85, "trend": 17.050433, "fair_value": 16.088588, "relative_strength": 16.821946, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.335143, "energy": 94.843232, "activity_lines": [ 19.619533, 18.691109, 17.5179, 17.240804 ] }, { "date": "2026-06-05", "close": 20.360001, "volume": 1014, "typical_volume": 8667.2, "trend": 17.142833, "fair_value": 16.130058, "relative_strength": 16.811977, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.365934, "energy": 92.997065, "activity_lines": [ 19.985533, 19.1592, 17.842376, 17.454325 ] }, { "date": "2026-06-12", "close": 19.747, "volume": 563, "typical_volume": 8441.25, "trend": 17.222666, "fair_value": 16.164836, "relative_strength": 11.15518, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.205182, "energy": 85.528504, "activity_lines": [ 19.987733, 19.416236, 18.093809, 17.622335 ] }, { "date": "2026-06-19", "close": 20.17, "volume": 489, "typical_volume": 8242.45, "trend": 17.3401, "fair_value": 16.202981, "relative_strength": 12.238659, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.77332, "energy": 76.953788, "activity_lines": [ 20.081067, 19.673764, 18.372529, 17.812486 ] }, { "date": "2026-06-26", "close": 19.414, "volume": 7, "typical_volume": 7405.3, "trend": 17.412567, "fair_value": 16.233273, "relative_strength": 8.268773, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.309824, "energy": 63.921898, "activity_lines": [ 19.860667, 19.717891, 18.562462, 17.946286 ] }, { "date": "2026-07-03", "close": 19.902, "volume": 2320, "typical_volume": 6131.6, "trend": 17.486933, "fair_value": 16.267561, "relative_strength": 9.118653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.577078, "energy": 60.265067, "activity_lines": [ 19.835333, 19.814327, 18.782371, 18.106895 ] }, { "date": "2026-07-10", "close": 20.235001, "volume": 572, "typical_volume": 5971.2, "trend": 17.587933, "fair_value": 16.304296, "relative_strength": 12.8153, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.568496, "energy": 62.267401, "activity_lines": [ 19.9408, 19.931546, 19.014086, 18.284189 ] }, { "date": "2026-07-17", "close": 19.785999, "volume": 1390, "typical_volume": 5690.15, "trend": 17.6767, "fair_value": 16.336238, "relative_strength": 10.0389, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.541292, "energy": 51.81561, "activity_lines": [ 19.904933, 19.925909, 19.182148, 18.426 ] }, { "date": "2026-07-24", "close": 19.648001, "volume": 45, "typical_volume": 5566.8, "trend": 17.7611, "fair_value": 16.366345, "relative_strength": 8.595367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.980462, "energy": 49.069657, "activity_lines": [ 19.820467, 19.880873, 19.316281, 18.553181 ] }, { "date": "2026-07-31", "close": 20.309999, "volume": 11192, "typical_volume": 4385.9, "trend": 17.869367, "fair_value": 16.401874, "relative_strength": 10.179905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.835741, "energy": 56.133327, "activity_lines": [ 19.991467, 19.948855, 19.495752, 18.717626 ] }, { "date": "2026-08-07", "close": 21.135, "volume": 2557, "typical_volume": 4117.2, "trend": 17.992233, "fair_value": 16.444134, "relative_strength": 11.634518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.850921, "energy": 64.957736, "activity_lines": [ 20.377733, 20.159382, 19.732605, 18.928312 ] } ], "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." } } }