{ "ticker": { "uuid": "f83e83e2-82f8-4983-9d40-19338ed944f5", "symbol": "NITE", "name": "THE NIGHTVIEW FUND", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 51.343, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 51.31, "architecture_energy": 21.786, "architecture_maturity": 34.695, "architecture_confidence": 83.385, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 45.38, "rotation_up": 35.29, "upward_expansion": 59.67, "deceleration": 84.34, "rotation_down": 28.74, "downward_expansion": 16.67 }, "activity_lines": [ 37.086533, 36.966002, 37.112336, 36.703789 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 38.9811, "trend_reference": 36.406927, "distance_from_trend": 0.070706, "trend_direction": "Improving", "fair_value": 31.727787, "distance_from_fair_value": 0.228611, "fair_value_direction": "Improving", "relative_strength": -3.349168, "relative_strength_direction": "Weakening", "price_momentum": 0.081925, "excess_performance": -0.0437, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.070706, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.007138, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.228611, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.004497, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.033492, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.017944, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.081925, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.764766, "read": "Demand-led" } ], "volume": { "latest": 38871, "relative_activity": 7.491327, "balance": 5.764766, "dry_up": 1.999692, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.038025, "annualized_volatility": 0.233253, "from_high_reference": -0.0391, "from_low_reference": 0.223512 }, "levels": { "trend_reference": 36.406927, "fair_value_reference": 31.727787, "structural_low": 32.5232, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": -0.016286, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.019307, "regime_survival": 1.0, "best_return": -0.016286, "worst_return": -0.016286, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-03-06", "tenure": "Developing", "return": -0.047561, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-04-03", "tenure": "New", "return": -0.00935, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-05-01", "tenure": "New", "return": 0.0809, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-05-29", "tenure": "New", "return": 0.044102, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": -0.06173, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.053338, "active": true } ], "chart_path": [ { "date": "2024-06-28", "close": 25.1978, "volume": 47817, "typical_volume": null, "trend": null, "fair_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": 26.4501, "volume": 35764, "typical_volume": null, "trend": null, "fair_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": 26.4683, "volume": 55980, "typical_volume": null, "trend": null, "fair_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": 25.3783, "volume": 17260, "typical_volume": null, "trend": null, "fair_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": 24.675, "volume": 7991, "typical_volume": null, "trend": null, "fair_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": 23.0988, "volume": 48987, "typical_volume": null, "trend": null, "fair_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": 22.9818, "volume": 5979, "typical_volume": null, "trend": null, "fair_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": 24.1486, "volume": 59158, "typical_volume": null, "trend": null, "fair_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": 24.401, "volume": 4670, "typical_volume": null, "trend": null, "fair_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": 24.29, "volume": 8753, "typical_volume": null, "trend": null, "fair_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": 23.3462, "volume": 3547, "typical_volume": null, "trend": null, "fair_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": 24.42, "volume": 2719, "typical_volume": null, "trend": null, "fair_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": 25.3777, "volume": 3674, "typical_volume": null, "trend": null, "fair_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": 26.3552, "volume": 30348, "typical_volume": null, "trend": null, "fair_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": 26.3533, "volume": 831, "typical_volume": null, "trend": null, "fair_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": 26.1502, "volume": 4236, "typical_volume": null, "trend": null, "fair_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": 26.4851, "volume": 1490, "typical_volume": null, "trend": null, "fair_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": 27.05, "volume": 4852, "typical_volume": null, "trend": null, "fair_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": 26.45, "volume": 7526, "typical_volume": null, "trend": null, "fair_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": 28.49, "volume": 19934, "typical_volume": null, "trend": null, "fair_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": 28.37, "volume": 15159, "typical_volume": null, "trend": null, "fair_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": 29.0935, "volume": 4248, "typical_volume": null, "trend": null, "fair_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": 29.332, "volume": 3184, "typical_volume": null, "trend": null, "fair_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": 30.7, "volume": 14651, "typical_volume": null, "trend": null, "fair_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": 31.21, "volume": 18827, "typical_volume": null, "trend": null, "fair_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": 30.3849, "volume": 36377, "typical_volume": null, "trend": null, "fair_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": 30.66, "volume": 6426, "typical_volume": null, "trend": null, "fair_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": 30.0885, "volume": 18841, "typical_volume": null, "trend": null, "fair_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": 29.2255, "volume": 8845, "typical_volume": null, "trend": null, "fair_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": 30.7026, "volume": 44267, "typical_volume": null, "trend": null, "fair_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": 30.95, "volume": 18666, "typical_volume": null, "trend": null, "fair_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": 31.38, "volume": 18311, "typical_volume": null, "trend": null, "fair_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": 30.4602, "volume": 10225, "typical_volume": null, "trend": null, "fair_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": 31.1265, "volume": 39175, "typical_volume": null, "trend": null, "fair_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": 30.2994, "volume": 6813, "typical_volume": null, "trend": null, "fair_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": 28.9549, "volume": 29068, "typical_volume": null, "trend": null, "fair_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": 27.6185, "volume": 57108, "typical_volume": null, "trend": null, "fair_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": 26.7345, "volume": 10521, "typical_volume": null, "trend": null, "fair_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": 26.7842, "volume": 5567, "typical_volume": null, "trend": null, "fair_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": 26.3889, "volume": 7820, "typical_volume": null, "trend": null, "fair_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": 23.3598, "volume": 12047, "typical_volume": null, "trend": null, "fair_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": 24.653, "volume": 23738, "typical_volume": null, "trend": null, "fair_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": 24.1621, "volume": 4607, "typical_volume": null, "trend": null, "fair_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": 26.646, "volume": 12144, "typical_volume": null, "trend": null, "fair_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": 27.4544, "volume": 13294, "typical_volume": null, "trend": null, "fair_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": 27.99, "volume": 5959, "typical_volume": null, "trend": null, "fair_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": 30.4344, "volume": 8747, "typical_volume": null, "trend": null, "fair_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": 29.31, "volume": 16453, "typical_volume": null, "trend": null, "fair_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": 29.7112, "volume": 1635, "typical_volume": null, "trend": null, "fair_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": 29.3651, "volume": 18234, "typical_volume": null, "trend": null, "fair_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": 29.5602, "volume": 26776, "typical_volume": null, "trend": null, "fair_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": 29.74, "volume": 43375, "typical_volume": null, "trend": null, "fair_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": 30.9671, "volume": 8432, "typical_volume": null, "trend": null, "fair_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": 31.46, "volume": 6656, "typical_volume": null, "trend": null, "fair_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": 31.4454, "volume": 4729, "typical_volume": null, "trend": null, "fair_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": 31.9382, "volume": 3641, "typical_volume": null, "trend": null, "fair_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": 32.3312, "volume": 18848, "typical_volume": null, "trend": null, "fair_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": 31.2215, "volume": 4480, "typical_volume": null, "trend": null, "fair_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": 32.0526, "volume": 2385, "typical_volume": null, "trend": null, "fair_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": 32.5019, "volume": 2042, "typical_volume": null, "trend": null, "fair_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": 33.0462, "volume": 6016, "typical_volume": null, "trend": null, "fair_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": 33.5319, "volume": 4269, "typical_volume": null, "trend": null, "fair_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": 33.471, "volume": 9969, "typical_volume": null, "trend": null, "fair_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": 34.4403, "volume": 2392, "typical_volume": null, "trend": null, "fair_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": 35.39, "volume": 6834, "typical_volume": null, "trend": null, "fair_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": 35.3652, "volume": 5001, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-03", "close": 35.45, "volume": 4014, "typical_volume": null, "trend": null, "fair_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": 34.2216, "volume": 5189, "typical_volume": null, "trend": null, "fair_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": 35.1, "volume": 10252, "typical_volume": null, "trend": null, "fair_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": 36.1238, "volume": 4170, "typical_volume": null, "trend": null, "fair_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": 36.2529, "volume": 23527, "typical_volume": null, "trend": null, "fair_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": 35.67, "volume": 6667, "typical_volume": null, "trend": null, "fair_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": 34.9547, "volume": 15205, "typical_volume": null, "trend": null, "fair_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": 33.9485, "volume": 5818, "typical_volume": null, "trend": null, "fair_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": 35.8544, "volume": 7174, "typical_volume": null, "trend": null, "fair_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": 36.597, "volume": 11034, "typical_volume": null, "trend": null, "fair_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": 37.0868, "volume": 3405, "typical_volume": null, "trend": null, "fair_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": 37.0788, "volume": 24039, "typical_volume": null, "trend": null, "fair_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": 37.3546, "volume": 1221, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-02", "close": 36.8706, "volume": 1963, "typical_volume": 7907.95, "trend": 34.034213, "fair_value": 29.901799, "relative_strength": 5.470068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.576762, "energy": 72.657335, "activity_lines": [ 37.051893, 36.513462, 35.959093, 35.216587 ] }, { "date": "2026-01-09", "close": 37.4327, "volume": 5662, "typical_volume": 7890.25, "trend": 34.29663, "fair_value": 29.994773, "relative_strength": 5.277825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.909465, "energy": 70.415254, "activity_lines": [ 37.19694, 36.74362, 36.153597, 35.435845 ] }, { "date": "2026-01-16", "close": 37.8358, "volume": 7406, "typical_volume": 8047.1, "trend": 34.56649, "fair_value": 30.090395, "relative_strength": 6.673259, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.608872, "energy": 64.112765, "activity_lines": [ 37.42064, 37.025618, 36.365602, 35.664178 ] }, { "date": "2026-01-23", "close": 37.9218, "volume": 3913, "typical_volume": 7744.3, "trend": 34.798313, "fair_value": 30.184749, "relative_strength": 7.151338, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.328323, "energy": 56.478367, "activity_lines": [ 37.623073, 37.283875, 36.565304, 35.88065 ] }, { "date": "2026-01-30", "close": 36.9198, "volume": 3335, "typical_volume": 7791.45, "trend": 34.980307, "fair_value": 30.264929, "relative_strength": 3.88359, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.74235, "energy": 48.584394, "activity_lines": [ 37.435307, 37.306002, 36.648382, 36.01752 ] }, { "date": "2026-02-06", "close": 36.0294, "volume": 3622, "typical_volume": 7630.85, "trend": 35.133107, "fair_value": 30.332746, "relative_strength": 1.543153, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.592722, "energy": 30.797214, "activity_lines": [ 36.979727, 37.112215, 36.634854, 36.085203 ] }, { "date": "2026-02-13", "close": 35.2201, "volume": 2385, "typical_volume": 7500.05, "trend": 35.242503, "fair_value": 30.389576, "relative_strength": 0.553306, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 12.770307, "energy": 14.852638, "activity_lines": [ 36.31046, 36.7681, 36.541204, 36.090816 ] }, { "date": "2026-02-20", "close": 35.575, "volume": 4928, "typical_volume": 7545.75, "trend": 35.35063, "fair_value": 30.449178, "relative_strength": 0.416141, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.092595, "energy": 22.773724, "activity_lines": [ 35.907, 36.513547, 36.482046, 36.112267 ] }, { "date": "2026-02-27", "close": 35.6715, "volume": 58587, "typical_volume": 10215.65, "trend": 35.498963, "fair_value": 30.508523, "relative_strength": 1.091352, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 0.795555, "energy": 23.430883, "activity_lines": [ 35.686427, 36.304027, 36.431482, 36.132968 ] }, { "date": "2026-03-06", "close": 35.117, "volume": 131826, "typical_volume": 16294.35, "trend": 35.60111, "fair_value": 30.560303, "relative_strength": 1.393689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -28.900087, "energy": 34.102701, "activity_lines": [ 35.43104, 36.019276, 36.321205, 36.108326 ] }, { "date": "2026-03-13", "close": 34.2459, "volume": 5445, "typical_volume": 16358.1, "trend": 35.659243, "fair_value": 30.601254, "relative_strength": 0.24835, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.524678, "energy": 53.011024, "activity_lines": [ 35.005473, 35.616827, 36.127885, 36.020893 ] }, { "date": "2026-03-20", "close": 33.8236, "volume": 4245, "typical_volume": 15394.0, "trend": 35.685157, "fair_value": 30.636665, "relative_strength": 0.673288, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.387146, "energy": 60.516831, "activity_lines": [ 34.55804, 35.185318, 35.903289, 35.902464 ] }, { "date": "2026-03-27", "close": 32.6117, "volume": 1122, "typical_volume": 15116.75, "trend": 35.654483, "fair_value": 30.658133, "relative_strength": -0.842213, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.650033, "energy": 73.076657, "activity_lines": [ 33.79974, 34.599084, 35.574841, 35.704177 ] }, { "date": "2026-04-03", "close": 33.9257, "volume": 4023, "typical_volume": 14557.65, "trend": 35.66964, "fair_value": 30.693268, "relative_strength": -0.449681, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.748624, "energy": 72.621798, "activity_lines": [ 33.676993, 34.346742, 35.3861, 35.592642 ] }, { "date": "2026-04-10", "close": 33.9, "volume": 30944, "typical_volume": 15813.95, "trend": 35.65163, "fair_value": 30.727382, "relative_strength": -4.097851, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.264327, "energy": 63.440312, "activity_lines": [ 33.662067, 34.162384, 35.19981, 35.478472 ] }, { "date": "2026-04-17", "close": 36.7167, "volume": 6844, "typical_volume": 15797.45, "trend": 35.695853, "fair_value": 30.790427, "relative_strength": -0.810467, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.003032, "energy": 21.663673, "activity_lines": [ 34.667173, 34.545058, 35.28201, 35.547186 ] }, { "date": "2026-04-24", "close": 36.4276, "volume": 2107, "typical_volume": 15351.1, "trend": 35.731267, "fair_value": 30.849148, "relative_strength": -2.190211, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.671887, "energy": 16.850586, "activity_lines": [ 35.411193, 34.862673, 35.332569, 35.594395 ] }, { "date": "2026-05-01", "close": 36.6425, "volume": 653, "typical_volume": 15213.5, "trend": 35.771017, "fair_value": 30.908873, "relative_strength": -2.595701, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 11.034384, "energy": 23.466818, "activity_lines": [ 36.053247, 35.197405, 35.404402, 35.653185 ] }, { "date": "2026-05-08", "close": 37.9236, "volume": 5399, "typical_volume": 14281.5, "trend": 35.894417, "fair_value": 30.980452, "relative_strength": -1.554728, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.799415, "energy": 41.083538, "activity_lines": [ 36.853613, 35.745656, 35.60036, 35.792061 ] }, { "date": "2026-05-15", "close": 37.5137, "volume": 1625, "typical_volume": 14301.7, "trend": 35.974873, "fair_value": 31.046444, "relative_strength": -2.785199, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.087677, "energy": 53.935561, "activity_lines": [ 37.25082, 36.178433, 35.753257, 35.896531 ] }, { "date": "2026-05-22", "close": 38.0012, "volume": 1843, "typical_volume": 14295.7, "trend": 36.037453, "fair_value": 31.115992, "relative_strength": -2.368167, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.705376, "energy": 60.383771, "activity_lines": [ 37.569613, 36.656269, 35.951825, 36.027262 ] }, { "date": "2026-05-29", "close": 39.5961, "volume": 710, "typical_volume": 14048.1, "trend": 36.148893, "fair_value": 31.199953, "relative_strength": 0.22168, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.266269, "energy": 83.332487, "activity_lines": [ 38.334407, 37.355809, 36.296905, 36.256852 ] }, { "date": "2026-06-05", "close": 38.2453, "volume": 771, "typical_volume": 13716.35, "trend": 36.234737, "fair_value": 31.269025, "relative_strength": -0.79608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.344131, "energy": 69.994704, "activity_lines": [ 38.4377, 37.704795, 36.503035, 36.392104 ] }, { "date": "2026-06-12", "close": 37.45, "volume": 1398, "typical_volume": 13590.6, "trend": 36.317913, "fair_value": 31.329035, "relative_strength": -3.423468, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.208366, "energy": 51.320194, "activity_lines": [ 38.16904, 37.806751, 36.631472, 36.470508 ] }, { "date": "2026-06-19", "close": 37.4489, "volume": 420, "typical_volume": 13444.85, "trend": 36.434593, "fair_value": 31.38788, "relative_strength": -4.299859, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.362307, "energy": 41.41963, "activity_lines": [ 37.931587, 37.844429, 36.762051, 36.543475 ] }, { "date": "2026-06-26", "close": 35.8844, "volume": 2942, "typical_volume": 13410.85, "trend": 36.435593, "fair_value": 31.430704, "relative_strength": -6.006715, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.749376, "energy": 16.449988, "activity_lines": [ 37.176953, 37.533127, 36.74111, 36.507978 ] }, { "date": "2026-07-03", "close": 37.0072, "volume": 946, "typical_volume": 13338.9, "trend": 36.449267, "fair_value": 31.483312, "relative_strength": -5.079831, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.677582, "energy": 22.062623, "activity_lines": [ 36.937707, 37.441104, 36.827794, 36.544856 ] }, { "date": "2026-07-10", "close": 37.6342, "volume": 525, "typical_volume": 13118.75, "trend": 36.467513, "fair_value": 31.540797, "relative_strength": -4.732378, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.246344, "energy": 21.656618, "activity_lines": [ 37.080053, 37.452542, 36.965681, 36.621304 ] }, { "date": "2026-07-17", "close": 36.4602, "volume": 274, "typical_volume": 10203.1, "trend": 36.446893, "fair_value": 31.586347, "relative_strength": -6.173613, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.398702, "energy": 19.679702, "activity_lines": [ 36.871807, 37.232495, 36.981954, 36.620832 ] }, { "date": "2026-07-24", "close": 35.0733, "volume": 358, "typical_volume": 3629.7, "trend": 36.37085, "fair_value": 31.618338, "relative_strength": -9.081557, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.278774, "energy": 21.612618, "activity_lines": [ 36.267247, 36.786891, 36.862385, 36.532213 ] }, { "date": "2026-07-31", "close": 36.4045, "volume": 2001, "typical_volume": 3457.5, "trend": 36.355313, "fair_value": 31.661848, "relative_strength": -6.583784, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.716428, "energy": 15.071959, "activity_lines": [ 36.264793, 36.627695, 36.869805, 36.534384 ] }, { "date": "2026-08-07", "close": 38.9811, "volume": 38871, "typical_volume": 5188.8, "trend": 36.406927, "fair_value": 31.727787, "relative_strength": -3.349168, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.310427, "energy": 21.78564, "activity_lines": [ 37.086533, 36.966002, 37.112336, 36.703789 ] } ], "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." } } }