{
  "ticker": {
    "symbol": "SMUA",
    "name": "iShares MSCI EMU SRI UCITS ETF EUR Acc",
    "exchange": "AMS"
  },
  "latest_week": "2026-08-07",
  "latest_close": 9.601,
  "latest_open": 9.396,
  "latest_high": 9.631,
  "latest_low": 9.348,
  "bar_count": 28,
  "analysis_bar_count": 28,
  "reversal_percent": 5.0,
  "model": {
    "version": "ewc-2.1.0",
    "as_of": "2026-08-07",
    "price_basis": "weekly OHLCV; Elliott pivots use weekly closes",
    "wave_method": "constraint-based Elliott candidate enumeration",
    "cycle_method": "adaptive Hurst-style phasing with nominal harmonic bands, trough spacing, FLD and cyclic trend-line confirmation",
    "repainting_policy": "only the final active pivot is provisional; confirmed pivots are retained"
  },
  "pivots": [
    {
      "index": 4,
      "date": "2026-02-27",
      "price": 8.927,
      "kind": "high",
      "move_percent": null,
      "weeks": 0,
      "confirmed": true
    },
    {
      "index": 8,
      "date": "2026-03-27",
      "price": 8.011,
      "kind": "low",
      "move_percent": -10.261005937044924,
      "weeks": 4,
      "confirmed": true
    },
    {
      "index": 27,
      "date": "2026-08-07",
      "price": 9.601,
      "kind": "high",
      "move_percent": 19.847709399575606,
      "weeks": 19,
      "confirmed": false
    }
  ],
  "cycle": {
    "phase": "cresting",
    "trend_bias": "bearish",
    "oscillator": 4.738710177561408,
    "slope": -2.284760950328722,
    "dominant_period_weeks": 40,
    "period_basis": "median confirmed trough-to-trough and crest-to-crest spacing",
    "weeks_since_turn": 19,
    "estimated_weeks_to_next_turn": 1,
    "series": [
      {
        "date": "2026-01-30",
        "value": null
      },
      {
        "date": "2026-02-06",
        "value": null
      },
      {
        "date": "2026-02-13",
        "value": null
      },
      {
        "date": "2026-02-20",
        "value": 0.0
      },
      {
        "date": "2026-02-27",
        "value": 0.0
      },
      {
        "date": "2026-03-06",
        "value": 0.0
      },
      {
        "date": "2026-03-13",
        "value": 0.0
      },
      {
        "date": "2026-03-20",
        "value": 0.0
      },
      {
        "date": "2026-03-27",
        "value": 0.0
      },
      {
        "date": "2026-04-03",
        "value": 0.0
      },
      {
        "date": "2026-04-10",
        "value": 0.0
      },
      {
        "date": "2026-04-17",
        "value": 0.0
      },
      {
        "date": "2026-04-24",
        "value": 0.0
      },
      {
        "date": "2026-05-01",
        "value": 0.0
      },
      {
        "date": "2026-05-08",
        "value": 0.0
      },
      {
        "date": "2026-05-15",
        "value": 0.0
      },
      {
        "date": "2026-05-22",
        "value": 0.0
      },
      {
        "date": "2026-05-29",
        "value": 0.0
      },
      {
        "date": "2026-06-05",
        "value": 0.0
      },
      {
        "date": "2026-06-12",
        "value": 1.7801804283451554
      },
      {
        "date": "2026-06-19",
        "value": 3.763935950668464
      },
      {
        "date": "2026-06-26",
        "value": 5.342112911132322
      },
      {
        "date": "2026-07-03",
        "value": 7.365165645109645
      },
      {
        "date": "2026-07-10",
        "value": 7.02347112789013
      },
      {
        "date": "2026-07-17",
        "value": 6.19516301618315
      },
      {
        "date": "2026-07-24",
        "value": 5.767724867242617
      },
      {
        "date": "2026-07-31",
        "value": 4.690509779774116
      },
      {
        "date": "2026-08-07",
        "value": 4.738710177561408
      }
    ]
  },
  "hurst": {
    "status": "mixed",
    "phase": "cresting",
    "alignment_score": 25,
    "risk_score": 75,
    "trough_alignment": 0,
    "crest_alignment": 0,
    "nearest_trough_window": 19,
    "nearest_crest_window": 13,
    "method": "adaptive Hurst-style phasing with nominal harmonic bands, trough spacing, FLD and cyclic trend-line confirmation",
    "explanation": "Nominal cycles are starting bands, not fixed clocks. Each period adapts to the strongest nearby repeat in detrended weekly prices; projected turns are future intervals and require price confirmation.",
    "cycles": [
      {
        "period": 10,
        "label": "10w",
        "estimated_period": 10,
        "period_range": [
          8,
          12
        ],
        "period_strength": 0,
        "phase": "cresting",
        "value": 0.37167945324929236,
        "slope": -0.09759006399303433,
        "amplitude": 3.131,
        "weeks_since_trough": 1,
        "weeks_since_crest": 5,
        "projected_trough_window": 9,
        "projected_crest_window": 5,
        "trough_window": {
          "start": 7,
          "midpoint": 9,
          "end": 11
        },
        "crest_window": {
          "start": 3,
          "midpoint": 5,
          "end": 7
        },
        "fld": {
          "value": 9.527999999999999,
          "state": "crossed up",
          "weeks_since_cross": 0,
          "displacement": 5,
          "explanation": "Median price displaced forward by half the estimated wavelength; a price cross confirms a cyclic turn after it begins."
        },
        "vtl": {
          "available": true,
          "value": 9.2086,
          "state": "price above",
          "slope": -0.018400000000000104,
          "explanation": "A provisional line through the latest two phased troughs; it is supporting evidence, not a standalone signal."
        },
        "trough_indexes": [
          15,
          21,
          26
        ],
        "series": [
          {
            "date": "2026-01-30",
            "value": null
          },
          {
            "date": "2026-02-06",
            "value": null
          },
          {
            "date": "2026-02-13",
            "value": null
          },
          {
            "date": "2026-02-20",
            "value": null
          },
          {
            "date": "2026-02-27",
            "value": null
          },
          {
            "date": "2026-03-06",
            "value": null
          },
          {
            "date": "2026-03-13",
            "value": null
          },
          {
            "date": "2026-03-20",
            "value": null
          },
          {
            "date": "2026-03-27",
            "value": null
          },
          {
            "date": "2026-04-03",
            "value": -1.0
          },
          {
            "date": "2026-04-10",
            "value": 0.1599180842231842
          },
          {
            "date": "2026-04-17",
            "value": 1.3178011717657752
          },
          {
            "date": "2026-04-24",
            "value": 1.2534319867443855
          },
          {
            "date": "2026-05-01",
            "value": 1.084477328914795
          },
          {
            "date": "2026-05-08",
            "value": 1.2018538959891543
          },
          {
            "date": "2026-05-15",
            "value": 1.0683238368190027
          },
          {
            "date": "2026-05-22",
            "value": 1.357028408830523
          },
          {
            "date": "2026-05-29",
            "value": 1.4676073832579903
          },
          {
            "date": "2026-06-05",
            "value": 1.275084289782645
          },
          {
            "date": "2026-06-12",
            "value": 1.15597667507417
          },
          {
            "date": "2026-06-19",
            "value": 1.1750308424853197
          },
          {
            "date": "2026-06-26",
            "value": 1.0148474751817944
          },
          {
            "date": "2026-07-03",
            "value": 1.06122601803933
          },
          {
            "date": "2026-07-10",
            "value": 0.8015169137211235
          },
          {
            "date": "2026-07-17",
            "value": 0.4692695172423267
          },
          {
            "date": "2026-07-24",
            "value": 0.26850991906275057
          },
          {
            "date": "2026-07-31",
            "value": 0.10728299290195464
          },
          {
            "date": "2026-08-07",
            "value": 0.37167945324929236
          }
        ]
      },
      {
        "period": 20,
        "label": "20w",
        "estimated_period": 20,
        "period_range": [
          15,
          25
        ],
        "period_strength": 0,
        "phase": "cresting",
        "value": 0.754935245000244,
        "slope": -0.09881204266151689,
        "amplitude": 6.63,
        "weeks_since_trough": 1,
        "weeks_since_crest": 7,
        "projected_trough_window": 19,
        "projected_crest_window": 13,
        "trough_window": {
          "start": 14,
          "midpoint": 19,
          "end": 24
        },
        "crest_window": {
          "start": 8,
          "midpoint": 13,
          "end": 18
        },
        "fld": {
          "value": 9.182500000000001,
          "state": "crossed up",
          "weeks_since_cross": 12,
          "displacement": 10,
          "explanation": "Median price displaced forward by half the estimated wavelength; a price cross confirms a cyclic turn after it begins."
        },
        "vtl": {
          "available": false,
          "value": null,
          "state": "unavailable"
        },
        "trough_indexes": [
          26
        ],
        "series": [
          {
            "date": "2026-01-30",
            "value": null
          },
          {
            "date": "2026-02-06",
            "value": null
          },
          {
            "date": "2026-02-13",
            "value": null
          },
          {
            "date": "2026-02-20",
            "value": null
          },
          {
            "date": "2026-02-27",
            "value": null
          },
          {
            "date": "2026-03-06",
            "value": null
          },
          {
            "date": "2026-03-13",
            "value": null
          },
          {
            "date": "2026-03-20",
            "value": null
          },
          {
            "date": "2026-03-27",
            "value": null
          },
          {
            "date": "2026-04-03",
            "value": null
          },
          {
            "date": "2026-04-10",
            "value": null
          },
          {
            "date": "2026-04-17",
            "value": null
          },
          {
            "date": "2026-04-24",
            "value": null
          },
          {
            "date": "2026-05-01",
            "value": null
          },
          {
            "date": "2026-05-08",
            "value": null
          },
          {
            "date": "2026-05-15",
            "value": null
          },
          {
            "date": "2026-05-22",
            "value": null
          },
          {
            "date": "2026-05-29",
            "value": null
          },
          {
            "date": "2026-06-05",
            "value": null
          },
          {
            "date": "2026-06-12",
            "value": 1.0
          },
          {
            "date": "2026-06-19",
            "value": 1.0185296599644096
          },
          {
            "date": "2026-06-26",
            "value": 0.9874114290496975
          },
          {
            "date": "2026-07-03",
            "value": 1.0133753976275126
          },
          {
            "date": "2026-07-10",
            "value": 0.9585244806234687
          },
          {
            "date": "2026-07-17",
            "value": 0.8537472876617609
          },
          {
            "date": "2026-07-24",
            "value": 0.7772833020252335
          },
          {
            "date": "2026-07-31",
            "value": 0.6968580661075117
          },
          {
            "date": "2026-08-07",
            "value": 0.754935245000244
          }
        ]
      },
      {
        "period": 40,
        "label": "40w",
        "estimated_period": 40,
        "period_range": [
          30,
          50
        ],
        "period_strength": 0,
        "phase": "warming",
        "value": null,
        "slope": 0.0,
        "amplitude": null,
        "weeks_since_trough": null,
        "weeks_since_crest": null,
        "projected_trough_window": null,
        "projected_crest_window": null,
        "trough_window": null,
        "crest_window": null,
        "fld": {
          "value": 8.314,
          "state": "unconfirmed",
          "weeks_since_cross": null,
          "displacement": 20,
          "explanation": "Median price displaced forward by half the estimated wavelength; a price cross confirms a cyclic turn after it begins."
        },
        "vtl": {
          "available": false,
          "value": null,
          "state": "unavailable"
        },
        "trough_indexes": [],
        "series": [
          {
            "date": "2026-01-30",
            "value": null
          },
          {
            "date": "2026-02-06",
            "value": null
          },
          {
            "date": "2026-02-13",
            "value": null
          },
          {
            "date": "2026-02-20",
            "value": null
          },
          {
            "date": "2026-02-27",
            "value": null
          },
          {
            "date": "2026-03-06",
            "value": null
          },
          {
            "date": "2026-03-13",
            "value": null
          },
          {
            "date": "2026-03-20",
            "value": null
          },
          {
            "date": "2026-03-27",
            "value": null
          },
          {
            "date": "2026-04-03",
            "value": null
          },
          {
            "date": "2026-04-10",
            "value": null
          },
          {
            "date": "2026-04-17",
            "value": null
          },
          {
            "date": "2026-04-24",
            "value": null
          },
          {
            "date": "2026-05-01",
            "value": null
          },
          {
            "date": "2026-05-08",
            "value": null
          },
          {
            "date": "2026-05-15",
            "value": null
          },
          {
            "date": "2026-05-22",
            "value": null
          },
          {
            "date": "2026-05-29",
            "value": null
          },
          {
            "date": "2026-06-05",
            "value": null
          },
          {
            "date": "2026-06-12",
            "value": null
          },
          {
            "date": "2026-06-19",
            "value": null
          },
          {
            "date": "2026-06-26",
            "value": null
          },
          {
            "date": "2026-07-03",
            "value": null
          },
          {
            "date": "2026-07-10",
            "value": null
          },
          {
            "date": "2026-07-17",
            "value": null
          },
          {
            "date": "2026-07-24",
            "value": null
          },
          {
            "date": "2026-07-31",
            "value": null
          },
          {
            "date": "2026-08-07",
            "value": null
          }
        ]
      },
      {
        "period": 80,
        "label": "80w",
        "estimated_period": 80,
        "period_range": [
          61,
          99
        ],
        "period_strength": 0,
        "phase": "warming",
        "value": null,
        "slope": 0.0,
        "amplitude": null,
        "weeks_since_trough": null,
        "weeks_since_crest": null,
        "projected_trough_window": null,
        "projected_crest_window": null,
        "trough_window": null,
        "crest_window": null,
        "fld": {
          "value": null,
          "state": "unconfirmed",
          "weeks_since_cross": null,
          "displacement": 40,
          "explanation": "Median price displaced forward by half the estimated wavelength; a price cross confirms a cyclic turn after it begins."
        },
        "vtl": {
          "available": false,
          "value": null,
          "state": "unavailable"
        },
        "trough_indexes": [],
        "series": [
          {
            "date": "2026-01-30",
            "value": null
          },
          {
            "date": "2026-02-06",
            "value": null
          },
          {
            "date": "2026-02-13",
            "value": null
          },
          {
            "date": "2026-02-20",
            "value": null
          },
          {
            "date": "2026-02-27",
            "value": null
          },
          {
            "date": "2026-03-06",
            "value": null
          },
          {
            "date": "2026-03-13",
            "value": null
          },
          {
            "date": "2026-03-20",
            "value": null
          },
          {
            "date": "2026-03-27",
            "value": null
          },
          {
            "date": "2026-04-03",
            "value": null
          },
          {
            "date": "2026-04-10",
            "value": null
          },
          {
            "date": "2026-04-17",
            "value": null
          },
          {
            "date": "2026-04-24",
            "value": null
          },
          {
            "date": "2026-05-01",
            "value": null
          },
          {
            "date": "2026-05-08",
            "value": null
          },
          {
            "date": "2026-05-15",
            "value": null
          },
          {
            "date": "2026-05-22",
            "value": null
          },
          {
            "date": "2026-05-29",
            "value": null
          },
          {
            "date": "2026-06-05",
            "value": null
          },
          {
            "date": "2026-06-12",
            "value": null
          },
          {
            "date": "2026-06-19",
            "value": null
          },
          {
            "date": "2026-06-26",
            "value": null
          },
          {
            "date": "2026-07-03",
            "value": null
          },
          {
            "date": "2026-07-10",
            "value": null
          },
          {
            "date": "2026-07-17",
            "value": null
          },
          {
            "date": "2026-07-24",
            "value": null
          },
          {
            "date": "2026-07-31",
            "value": null
          },
          {
            "date": "2026-08-07",
            "value": null
          }
        ]
      }
    ],
    "composite": [
      {
        "date": "2026-01-30",
        "value": null
      },
      {
        "date": "2026-02-06",
        "value": null
      },
      {
        "date": "2026-02-13",
        "value": null
      },
      {
        "date": "2026-02-20",
        "value": null
      },
      {
        "date": "2026-02-27",
        "value": null
      },
      {
        "date": "2026-03-06",
        "value": null
      },
      {
        "date": "2026-03-13",
        "value": null
      },
      {
        "date": "2026-03-20",
        "value": null
      },
      {
        "date": "2026-03-27",
        "value": null
      },
      {
        "date": "2026-04-03",
        "value": -1.0
      },
      {
        "date": "2026-04-10",
        "value": 0.1599180842231842
      },
      {
        "date": "2026-04-17",
        "value": 1.3178011717657752
      },
      {
        "date": "2026-04-24",
        "value": 1.2534319867443855
      },
      {
        "date": "2026-05-01",
        "value": 1.084477328914795
      },
      {
        "date": "2026-05-08",
        "value": 1.2018538959891543
      },
      {
        "date": "2026-05-15",
        "value": 1.0683238368190027
      },
      {
        "date": "2026-05-22",
        "value": 1.357028408830523
      },
      {
        "date": "2026-05-29",
        "value": 1.4676073832579903
      },
      {
        "date": "2026-06-05",
        "value": 1.275084289782645
      },
      {
        "date": "2026-06-12",
        "value": 1.062390670029668
      },
      {
        "date": "2026-06-19",
        "value": 1.0811301329727736
      },
      {
        "date": "2026-06-26",
        "value": 0.9983858475025361
      },
      {
        "date": "2026-07-03",
        "value": 1.0325156457922395
      },
      {
        "date": "2026-07-10",
        "value": 0.8957214538625308
      },
      {
        "date": "2026-07-17",
        "value": 0.699956179493987
      },
      {
        "date": "2026-07-24",
        "value": 0.5737739488402402
      },
      {
        "date": "2026-07-31",
        "value": 0.4610280368252888
      },
      {
        "date": "2026-08-07",
        "value": 0.6016329282998634
      }
    ]
  },
  "structure": {
    "primary": null,
    "alternates": [],
    "degrees": [
      {
        "key": "strategic",
        "label": "Strategic",
        "reversal_percent": 8.0,
        "primary": null,
        "candidate_count": 0,
        "explanation": "Strategic degree uses a 8.0% weekly closing-price reversal threshold."
      },
      {
        "key": "primary",
        "label": "Primary",
        "reversal_percent": 5.0,
        "primary": null,
        "candidate_count": 0,
        "explanation": "Primary degree uses a 5.0% weekly closing-price reversal threshold."
      },
      {
        "key": "tactical",
        "label": "Tactical",
        "reversal_percent": 3.5,
        "primary": null,
        "candidate_count": 0,
        "explanation": "Tactical degree uses a 3.5% weekly closing-price reversal threshold."
      }
    ],
    "stability": {
      "score": 0,
      "changes": null,
      "observations": 0,
      "label": "Unavailable"
    },
    "method": "constraint-based Elliott candidate enumeration",
    "explanation": "Counts must pass hard Elliott geometry rules. Fibonacci relationships, alternation and cycle evidence rank admissible interpretations; evidence weights compare scenarios and are not forecast probabilities."
  },
  "scenario": {
    "setup": "warming",
    "title": "Needs more weekly history",
    "direction": "neutral",
    "confidence": 20,
    "labels": [],
    "notes": [
      "At least 65 weekly bars gives the wave and cycle model enough context."
    ],
    "metrics": {}
  },
  "detail": {
    "summary": "The closing-price swing map is classified as needs more weekly history. 0 of 3 available confirmation measures are constructive.",
    "returns": [
      {
        "weeks": 4,
        "label": "4-week return",
        "value": 2.3669900842307423
      },
      {
        "weeks": 13,
        "label": "13-week return",
        "value": 8.229060985232785
      },
      {
        "weeks": 26,
        "label": "26-week return",
        "value": 11.199907343062316
      },
      {
        "weeks": 52,
        "label": "52-week return",
        "value": null
      }
    ],
    "range": {
      "high_52": 9.631,
      "low_52": 7.83,
      "position_52": 98.33425874514163,
      "drawdown": -0.3114941335271453
    },
    "risk": {
      "annualised_volatility": 17.0314637339724,
      "average_weekly_range": 1.8165148699815332,
      "active_drawdown": 0.0
    },
    "levels": {
      "support": {
        "index": 8,
        "date": "2026-03-27",
        "price": 8.011,
        "kind": "low",
        "move_percent": -10.261005937044924,
        "weeks": 4,
        "confirmed": true
      },
      "resistance": null,
      "decisive": {
        "index": 8,
        "date": "2026-03-27",
        "price": 8.011,
        "kind": "low",
        "move_percent": -10.261005937044924,
        "weeks": 4,
        "confirmed": true
      },
      "decisive_label": "Nearest confirmed structure level",
      "trend": null,
      "fair_value": 8.913,
      "trend_gap": null,
      "fair_value_gap": 7.719062044205101
    },
    "active_swing": {
      "from": {
        "index": 8,
        "date": "2026-03-27",
        "price": 8.011,
        "kind": "low",
        "move_percent": -10.261005937044924,
        "weeks": 4,
        "confirmed": true
      },
      "to": {
        "index": 27,
        "date": "2026-08-07",
        "price": 9.601,
        "kind": "high",
        "move_percent": 19.847709399575606,
        "weeks": 19,
        "confirmed": false
      },
      "move_percent": 19.847709399575606,
      "weeks": 19,
      "status": "Forming"
    },
    "confirmation": {
      "rows": [
        {
          "label": "Trend",
          "status": "neutral",
          "value": "Unavailable",
          "explanation": "The 30-week trend line is not available."
        },
        {
          "label": "Cycle pressure",
          "status": "negative",
          "value": "Cresting",
          "explanation": "The medium-term pressure curve is not rising."
        },
        {
          "label": "Cycle alignment",
          "status": "neutral",
          "value": "Mixed",
          "explanation": "Cycle lengths are not moving in one clear direction."
        },
        {
          "label": "Relative strength",
          "status": "neutral",
          "value": "Unavailable",
          "explanation": "The reading is neutral or unavailable."
        },
        {
          "label": "Market activity",
          "status": "neutral",
          "value": "Unavailable",
          "explanation": "The reading is neutral or unavailable."
        },
        {
          "label": "Market dynamics",
          "status": "neutral",
          "value": "+0.0",
          "explanation": "The reading is neutral or unavailable."
        },
        {
          "label": "30-week momentum",
          "status": "neutral",
          "value": "Unavailable",
          "explanation": "The reading is neutral or unavailable."
        }
      ],
      "positive": 0,
      "negative": 1,
      "neutral": 2,
      "observed": 3,
      "agreement": 33,
      "direction": "defensive",
      "scenario_direction": "neutral"
    },
    "evidence": {
      "score": 28,
      "history_score": 11,
      "indicator_coverage": 38,
      "structure_score": 33,
      "weekly_observations": 28,
      "confirmed_pivots": 2
    },
    "volume_ratio": 59.88428651886745,
    "historical": {
      "available": false,
      "matches": 0,
      "horizons": [],
      "note": "At least 90 weekly observations are required."
    },
    "lifecycle": {
      "state": "observing",
      "label": "Observing",
      "now": "No rule-valid primary Elliott count is dominant.",
      "next": "Wait for a valid swing structure or a confirmed cycle turn.",
      "wrong": "No active thesis to invalidate.",
      "risk": "Forcing a wave count where the geometry does not support one."
    },
    "peer_evidence": {
      "available": true,
      "peers": 17,
      "constructive_count": 7,
      "constructive_percent": 41,
      "rising_cycle_count": 9,
      "rising_cycle_percent": 53,
      "horizons": [
        {
          "weeks": 4,
          "observations": 0,
          "positive_rate": null,
          "median_return": null,
          "average_return": null,
          "median_excess_return": null,
          "excess_observations": 0,
          "p10": null,
          "p90": null
        },
        {
          "weeks": 13,
          "observations": 0,
          "positive_rate": null,
          "median_return": null,
          "average_return": null,
          "median_excess_return": null,
          "excess_observations": 0,
          "p10": null,
          "p90": null
        },
        {
          "weeks": 26,
          "observations": 0,
          "positive_rate": null,
          "median_return": null,
          "average_return": null,
          "median_excess_return": null,
          "excess_observations": 0,
          "p10": null,
          "p90": null
        }
      ],
      "benchmark": "^AEX",
      "explanation": "Breadth shows whether peers share the structure. Cohort outcomes use non-overlapping, point-in-time trend and momentum states from the same sector and report benchmark excess return when matching benchmark bars exist; they are context, not a backtest of the Elliott count."
    },
    "event_positioning": {
      "earnings_date": null,
      "earnings_weeks": null,
      "options_available": false,
      "options_direction": null,
      "options_conviction": null,
      "expected_move": null,
      "invalidation_distance": null,
      "collision": false,
      "flags": [],
      "explanation": "Event and positioning context tests whether a scheduled catalyst or the options-implied move could overwhelm the technical structure."
    },
    "downside_vulnerability": {
      "score": 50,
      "label": "Elevated vulnerability",
      "tone": "elevated",
      "components": [
        {
          "key": "wave",
          "label": "Wave maturity",
          "score": 0,
          "maximum": 25,
          "bar_width": 0,
          "explanation": "The primary count is not presently a mature Wave 5."
        },
        {
          "key": "extension",
          "label": "Trend extension",
          "score": 0,
          "maximum": 20,
          "bar_width": 0,
          "explanation": "Price is 0.0% above the 30-week trend; large positive gaps increase snap-back vulnerability."
        },
        {
          "key": "range",
          "label": "Range position",
          "score": 14,
          "maximum": 15,
          "bar_width": 93,
          "explanation": "Price is 98% of the way through its 52-week low-to-high range."
        },
        {
          "key": "cycle",
          "label": "Cycle rollover",
          "score": 15,
          "maximum": 15,
          "bar_width": 100,
          "explanation": "Medium-term cycle pressure is cresting."
        },
        {
          "key": "hurst",
          "label": "Multi-cycle risk",
          "score": 11,
          "maximum": 15,
          "bar_width": 75,
          "explanation": "Hurst risk alignment is 75/100."
        },
        {
          "key": "stability",
          "label": "Count instability",
          "score": 10,
          "maximum": 10,
          "bar_width": 100,
          "explanation": "The primary interpretation has unavailable recent stability."
        },
        {
          "key": "event",
          "label": "Event proximity",
          "score": 0,
          "maximum": 10,
          "bar_width": 0,
          "explanation": "No upcoming stored earnings date is available."
        }
      ],
      "warnings": [
        "Price is 98% of the way through its 52-week low-to-high range.",
        "Medium-term cycle pressure is cresting.",
        "Hurst risk alignment is 75/100.",
        "The primary interpretation has unavailable recent stability."
      ],
      "explanation": "This is a pre-emptive vulnerability checklist, not a probability of decline. It rises when mature wave structure, overextension, cycle rollover, count instability and event risk cluster before price breaks down."
    }
  },
  "chart": {
    "dates": [
      "2026-01-30",
      "2026-02-06",
      "2026-02-13",
      "2026-02-20",
      "2026-02-27",
      "2026-03-06",
      "2026-03-13",
      "2026-03-20",
      "2026-03-27",
      "2026-04-03",
      "2026-04-10",
      "2026-04-17",
      "2026-04-24",
      "2026-05-01",
      "2026-05-08",
      "2026-05-15",
      "2026-05-22",
      "2026-05-29",
      "2026-06-05",
      "2026-06-12",
      "2026-06-19",
      "2026-06-26",
      "2026-07-03",
      "2026-07-10",
      "2026-07-17",
      "2026-07-24",
      "2026-07-31",
      "2026-08-07"
    ],
    "close": [
      8.509,
      8.634,
      8.659,
      8.817,
      8.927,
      8.36,
      8.375,
      8.041,
      8.011,
      8.294,
      8.717,
      8.948,
      8.764,
      8.745,
      8.871,
      8.798,
      9.102,
      9.161,
      9.186,
      9.333,
      9.455,
      9.351,
      9.556,
      9.379,
      9.298,
      9.348,
      9.324,
      9.601
    ],
    "trend": [
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null
    ],
    "sma30": [
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null
    ],
    "roc30": [
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null
    ],
    "drawdown": [
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      -6.3515178671446195,
      -6.183488293939729,
      -9.924946790635143,
      -10.261005937044924,
      -7.090847989246098,
      -2.3524140248683665,
      0.0,
      -2.0563254358515985,
      -2.2686633884667096,
      -0.8605274921770223,
      -1.6763522574877106,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      -1.0999471179270144,
      0.0,
      -1.8522394307241483,
      -2.699874424445366,
      -2.1766429468396655,
      -2.4277940560904074,
      0.0
    ],
    "volatility": [
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      19.662825483361075,
      20.88623051442863,
      22.93734577426957,
      22.409070075742203,
      22.055054478056913,
      21.21250110759613,
      20.55928621953303,
      19.971842127340402,
      20.125139101010507,
      19.526828797481322,
      18.979524040296205,
      18.56414086492586,
      18.13620891078199,
      17.88185398209606,
      17.658719610735254,
      17.63086710104616,
      17.363816314727178,
      17.014119293314607,
      16.708929728794498,
      17.0314637339724
    ],
    "volumeRatio": [
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      61.56316585862953,
      51.660602532382484,
      35.92515265804598,
      84.67324578444322,
      27.051907214145743,
      104.37995976304907,
      67.916836526702,
      187.86920321875436,
      126.4722576223267,
      75.2598880272392,
      97.47328066914498,
      14.613980594959813,
      14.988177264752995,
      1.5532904298618473,
      6.746354373886419,
      31.094724461300626,
      390.5039191070193,
      139.49173573067378,
      145.6456232694411,
      79.38567956501366,
      59.88428651886745
    ],
    "fairValue": [
      8.509,
      8.5715,
      8.600667,
      8.65475,
      8.7092,
      8.651,
      8.611571,
      8.54025,
      8.481444,
      8.4627,
      8.485818,
      8.524333,
      8.542769,
      8.557214,
      8.578133,
      8.591875,
      8.621882,
      8.651833,
      8.679947,
      8.7126,
      8.747952,
      8.775364,
      8.809304,
      8.833042,
      8.85164,
      8.870731,
      8.887519,
      8.913
    ],
    "marketActivity": [
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null
    ],
    "marketDynamics": [
      null,
      null,
      null,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      0.0
    ],
    "relativeStrength": [
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null,
      null
    ],
    "cycle": [
      {
        "date": "2026-01-30",
        "value": null
      },
      {
        "date": "2026-02-06",
        "value": null
      },
      {
        "date": "2026-02-13",
        "value": null
      },
      {
        "date": "2026-02-20",
        "value": 0.0
      },
      {
        "date": "2026-02-27",
        "value": 0.0
      },
      {
        "date": "2026-03-06",
        "value": 0.0
      },
      {
        "date": "2026-03-13",
        "value": 0.0
      },
      {
        "date": "2026-03-20",
        "value": 0.0
      },
      {
        "date": "2026-03-27",
        "value": 0.0
      },
      {
        "date": "2026-04-03",
        "value": 0.0
      },
      {
        "date": "2026-04-10",
        "value": 0.0
      },
      {
        "date": "2026-04-17",
        "value": 0.0
      },
      {
        "date": "2026-04-24",
        "value": 0.0
      },
      {
        "date": "2026-05-01",
        "value": 0.0
      },
      {
        "date": "2026-05-08",
        "value": 0.0
      },
      {
        "date": "2026-05-15",
        "value": 0.0
      },
      {
        "date": "2026-05-22",
        "value": 0.0
      },
      {
        "date": "2026-05-29",
        "value": 0.0
      },
      {
        "date": "2026-06-05",
        "value": 0.0
      },
      {
        "date": "2026-06-12",
        "value": 1.7801804283451554
      },
      {
        "date": "2026-06-19",
        "value": 3.763935950668464
      },
      {
        "date": "2026-06-26",
        "value": 5.342112911132322
      },
      {
        "date": "2026-07-03",
        "value": 7.365165645109645
      },
      {
        "date": "2026-07-10",
        "value": 7.02347112789013
      },
      {
        "date": "2026-07-17",
        "value": 6.19516301618315
      },
      {
        "date": "2026-07-24",
        "value": 5.767724867242617
      },
      {
        "date": "2026-07-31",
        "value": 4.690509779774116
      },
      {
        "date": "2026-08-07",
        "value": 4.738710177561408
      }
    ],
    "hurstComposite": [
      {
        "date": "2026-01-30",
        "value": null
      },
      {
        "date": "2026-02-06",
        "value": null
      },
      {
        "date": "2026-02-13",
        "value": null
      },
      {
        "date": "2026-02-20",
        "value": null
      },
      {
        "date": "2026-02-27",
        "value": null
      },
      {
        "date": "2026-03-06",
        "value": null
      },
      {
        "date": "2026-03-13",
        "value": null
      },
      {
        "date": "2026-03-20",
        "value": null
      },
      {
        "date": "2026-03-27",
        "value": null
      },
      {
        "date": "2026-04-03",
        "value": -1.0
      },
      {
        "date": "2026-04-10",
        "value": 0.1599180842231842
      },
      {
        "date": "2026-04-17",
        "value": 1.3178011717657752
      },
      {
        "date": "2026-04-24",
        "value": 1.2534319867443855
      },
      {
        "date": "2026-05-01",
        "value": 1.084477328914795
      },
      {
        "date": "2026-05-08",
        "value": 1.2018538959891543
      },
      {
        "date": "2026-05-15",
        "value": 1.0683238368190027
      },
      {
        "date": "2026-05-22",
        "value": 1.357028408830523
      },
      {
        "date": "2026-05-29",
        "value": 1.4676073832579903
      },
      {
        "date": "2026-06-05",
        "value": 1.275084289782645
      },
      {
        "date": "2026-06-12",
        "value": 1.062390670029668
      },
      {
        "date": "2026-06-19",
        "value": 1.0811301329727736
      },
      {
        "date": "2026-06-26",
        "value": 0.9983858475025361
      },
      {
        "date": "2026-07-03",
        "value": 1.0325156457922395
      },
      {
        "date": "2026-07-10",
        "value": 0.8957214538625308
      },
      {
        "date": "2026-07-17",
        "value": 0.699956179493987
      },
      {
        "date": "2026-07-24",
        "value": 0.5737739488402402
      },
      {
        "date": "2026-07-31",
        "value": 0.4610280368252888
      },
      {
        "date": "2026-08-07",
        "value": 0.6016329282998634
      }
    ],
    "hurstCycles": {
      "10": [
        {
          "date": "2026-01-30",
          "value": null
        },
        {
          "date": "2026-02-06",
          "value": null
        },
        {
          "date": "2026-02-13",
          "value": null
        },
        {
          "date": "2026-02-20",
          "value": null
        },
        {
          "date": "2026-02-27",
          "value": null
        },
        {
          "date": "2026-03-06",
          "value": null
        },
        {
          "date": "2026-03-13",
          "value": null
        },
        {
          "date": "2026-03-20",
          "value": null
        },
        {
          "date": "2026-03-27",
          "value": null
        },
        {
          "date": "2026-04-03",
          "value": -1.0
        },
        {
          "date": "2026-04-10",
          "value": 0.1599180842231842
        },
        {
          "date": "2026-04-17",
          "value": 1.3178011717657752
        },
        {
          "date": "2026-04-24",
          "value": 1.2534319867443855
        },
        {
          "date": "2026-05-01",
          "value": 1.084477328914795
        },
        {
          "date": "2026-05-08",
          "value": 1.2018538959891543
        },
        {
          "date": "2026-05-15",
          "value": 1.0683238368190027
        },
        {
          "date": "2026-05-22",
          "value": 1.357028408830523
        },
        {
          "date": "2026-05-29",
          "value": 1.4676073832579903
        },
        {
          "date": "2026-06-05",
          "value": 1.275084289782645
        },
        {
          "date": "2026-06-12",
          "value": 1.15597667507417
        },
        {
          "date": "2026-06-19",
          "value": 1.1750308424853197
        },
        {
          "date": "2026-06-26",
          "value": 1.0148474751817944
        },
        {
          "date": "2026-07-03",
          "value": 1.06122601803933
        },
        {
          "date": "2026-07-10",
          "value": 0.8015169137211235
        },
        {
          "date": "2026-07-17",
          "value": 0.4692695172423267
        },
        {
          "date": "2026-07-24",
          "value": 0.26850991906275057
        },
        {
          "date": "2026-07-31",
          "value": 0.10728299290195464
        },
        {
          "date": "2026-08-07",
          "value": 0.37167945324929236
        }
      ],
      "20": [
        {
          "date": "2026-01-30",
          "value": null
        },
        {
          "date": "2026-02-06",
          "value": null
        },
        {
          "date": "2026-02-13",
          "value": null
        },
        {
          "date": "2026-02-20",
          "value": null
        },
        {
          "date": "2026-02-27",
          "value": null
        },
        {
          "date": "2026-03-06",
          "value": null
        },
        {
          "date": "2026-03-13",
          "value": null
        },
        {
          "date": "2026-03-20",
          "value": null
        },
        {
          "date": "2026-03-27",
          "value": null
        },
        {
          "date": "2026-04-03",
          "value": null
        },
        {
          "date": "2026-04-10",
          "value": null
        },
        {
          "date": "2026-04-17",
          "value": null
        },
        {
          "date": "2026-04-24",
          "value": null
        },
        {
          "date": "2026-05-01",
          "value": null
        },
        {
          "date": "2026-05-08",
          "value": null
        },
        {
          "date": "2026-05-15",
          "value": null
        },
        {
          "date": "2026-05-22",
          "value": null
        },
        {
          "date": "2026-05-29",
          "value": null
        },
        {
          "date": "2026-06-05",
          "value": null
        },
        {
          "date": "2026-06-12",
          "value": 1.0
        },
        {
          "date": "2026-06-19",
          "value": 1.0185296599644096
        },
        {
          "date": "2026-06-26",
          "value": 0.9874114290496975
        },
        {
          "date": "2026-07-03",
          "value": 1.0133753976275126
        },
        {
          "date": "2026-07-10",
          "value": 0.9585244806234687
        },
        {
          "date": "2026-07-17",
          "value": 0.8537472876617609
        },
        {
          "date": "2026-07-24",
          "value": 0.7772833020252335
        },
        {
          "date": "2026-07-31",
          "value": 0.6968580661075117
        },
        {
          "date": "2026-08-07",
          "value": 0.754935245000244
        }
      ],
      "40": [
        {
          "date": "2026-01-30",
          "value": null
        },
        {
          "date": "2026-02-06",
          "value": null
        },
        {
          "date": "2026-02-13",
          "value": null
        },
        {
          "date": "2026-02-20",
          "value": null
        },
        {
          "date": "2026-02-27",
          "value": null
        },
        {
          "date": "2026-03-06",
          "value": null
        },
        {
          "date": "2026-03-13",
          "value": null
        },
        {
          "date": "2026-03-20",
          "value": null
        },
        {
          "date": "2026-03-27",
          "value": null
        },
        {
          "date": "2026-04-03",
          "value": null
        },
        {
          "date": "2026-04-10",
          "value": null
        },
        {
          "date": "2026-04-17",
          "value": null
        },
        {
          "date": "2026-04-24",
          "value": null
        },
        {
          "date": "2026-05-01",
          "value": null
        },
        {
          "date": "2026-05-08",
          "value": null
        },
        {
          "date": "2026-05-15",
          "value": null
        },
        {
          "date": "2026-05-22",
          "value": null
        },
        {
          "date": "2026-05-29",
          "value": null
        },
        {
          "date": "2026-06-05",
          "value": null
        },
        {
          "date": "2026-06-12",
          "value": null
        },
        {
          "date": "2026-06-19",
          "value": null
        },
        {
          "date": "2026-06-26",
          "value": null
        },
        {
          "date": "2026-07-03",
          "value": null
        },
        {
          "date": "2026-07-10",
          "value": null
        },
        {
          "date": "2026-07-17",
          "value": null
        },
        {
          "date": "2026-07-24",
          "value": null
        },
        {
          "date": "2026-07-31",
          "value": null
        },
        {
          "date": "2026-08-07",
          "value": null
        }
      ],
      "80": [
        {
          "date": "2026-01-30",
          "value": null
        },
        {
          "date": "2026-02-06",
          "value": null
        },
        {
          "date": "2026-02-13",
          "value": null
        },
        {
          "date": "2026-02-20",
          "value": null
        },
        {
          "date": "2026-02-27",
          "value": null
        },
        {
          "date": "2026-03-06",
          "value": null
        },
        {
          "date": "2026-03-13",
          "value": null
        },
        {
          "date": "2026-03-20",
          "value": null
        },
        {
          "date": "2026-03-27",
          "value": null
        },
        {
          "date": "2026-04-03",
          "value": null
        },
        {
          "date": "2026-04-10",
          "value": null
        },
        {
          "date": "2026-04-17",
          "value": null
        },
        {
          "date": "2026-04-24",
          "value": null
        },
        {
          "date": "2026-05-01",
          "value": null
        },
        {
          "date": "2026-05-08",
          "value": null
        },
        {
          "date": "2026-05-15",
          "value": null
        },
        {
          "date": "2026-05-22",
          "value": null
        },
        {
          "date": "2026-05-29",
          "value": null
        },
        {
          "date": "2026-06-05",
          "value": null
        },
        {
          "date": "2026-06-12",
          "value": null
        },
        {
          "date": "2026-06-19",
          "value": null
        },
        {
          "date": "2026-06-26",
          "value": null
        },
        {
          "date": "2026-07-03",
          "value": null
        },
        {
          "date": "2026-07-10",
          "value": null
        },
        {
          "date": "2026-07-17",
          "value": null
        },
        {
          "date": "2026-07-24",
          "value": null
        },
        {
          "date": "2026-07-31",
          "value": null
        },
        {
          "date": "2026-08-07",
          "value": null
        }
      ]
    },
    "pivots": [
      {
        "index": 4,
        "date": "2026-02-27",
        "price": 8.927,
        "kind": "high",
        "move_percent": null,
        "weeks": 0,
        "confirmed": true
      },
      {
        "index": 8,
        "date": "2026-03-27",
        "price": 8.011,
        "kind": "low",
        "move_percent": -10.261005937044924,
        "weeks": 4,
        "confirmed": true
      },
      {
        "index": 27,
        "date": "2026-08-07",
        "price": 9.601,
        "kind": "high",
        "move_percent": 19.847709399575606,
        "weeks": 19,
        "confirmed": false
      }
    ],
    "labels": []
  }
}