{"schema_version":"1.0","name":"CLEM Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"00e09ee8-f8d3-4f5a-ba6f-f4c9964aea0b","symbol":"CLEM","name":"Amundi MSCI Emerging Markets ESG Broad Transition - UCITS ETF DR (C)","exchange":"MIL","country":"IT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Activity pressure and cumulative balance, Acceleration, deceleration and rollover, Range pressure and compression, Directional strength and control, Range position and boundary pressure."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":54,"displayedObservations":54,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","evidenceAlignment":{"status":"Price ahead of underlying support","headline":"The upward price response is leading Market Dynamics","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","take":"Treat the gap as an early-downside risk watch. Stronger Market Dynamics would confirm the price move; a weaker price response would confirm that the gap is closing through correction.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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","2026-08-14","2026-08-21"],"values":[0.86283,1.042973,0.877926,0.608817,0.306768,0.107128,0.020404,0.105473,0.175997,0.266553,0.445875,0.59942,0.729271,0.923944,0.831665,0.979056,1.078186,1.050437,1.129421,0.921888,0.604772,0.260831,-0.106647,-0.354162,-0.490623,-0.594703],"opens":[68.589996,67.599998,63.459999,65.580002,61.869999,62.709999,64.010002,66.449997,69.760002,70.720001,71.529999,74.610001,72.489998,74.910004,75.379997,75.269997,80.040001,76.43,76.980003,75.919998,74.190002,72.720001,73.919998,73.400002,74.239998,75.489998],"highs":[70.169998,68.150002,66.43,66.139999,64.660004,64.449997,67.169998,70.360001,70.489998,70.720001,75.110001,74.660004,74.029999,77.099998,75.699997,76.739998,80.099998,77.199997,77.330002,76.589996,75.669998,75.300003,74.169998,75.050003,75.870003,75.489998],"lows":[68.379997,64.32,63.459999,63.169998,61.720001,61.740002,63.240002,66.360001,69.440002,69.519997,71.080002,72.139999,71.18,74.82,74.410004,75.199997,79.910004,76.099998,76.93,75.910004,71.220001,72.720001,69.760002,72.199997,73.75,75.339996],"closes":[68.849998,64.5,64.690002,63.169998,62.380001,63.419998,67.080002,70.230003,70.480003,70.059998,74.849998,73.07,74.010002,76.610001,74.410004,76.739998,79.910004,77.199997,77.330002,76.589996,72.199997,73.519997,72.800003,74.209999,75.25,75.339996],"hoverRows":[[{"label":"Open","value":"68.6","className":"is-ohlc","compact":true},{"label":"High","value":"70.2","className":"is-ohlc","compact":true},{"label":"Low","value":"68.4","className":"is-ohlc","compact":true},{"label":"Close","value":"68.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.86","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"67.6","className":"is-ohlc","compact":true},{"label":"High","value":"68.2","className":"is-ohlc","compact":true},{"label":"Low","value":"64.3","className":"is-ohlc","compact":true},{"label":"Close","value":"64.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.04","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"63.5","className":"is-ohlc","compact":true},{"label":"High","value":"66.4","className":"is-ohlc","compact":true},{"label":"Low","value":"63.5","className":"is-ohlc","compact":true},{"label":"Close","value":"64.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.88","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"65.6","className":"is-ohlc","compact":true},{"label":"High","value":"66.1","className":"is-ohlc","compact":true},{"label":"Low","value":"63.2","className":"is-ohlc","compact":true},{"label":"Close","value":"63.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.61","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"61.9","className":"is-ohlc","compact":true},{"label":"High","value":"64.7","className":"is-ohlc","compact":true},{"label":"Low","value":"61.7","className":"is-ohlc","compact":true},{"label":"Close","value":"62.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.31","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"62.7","className":"is-ohlc","compact":true},{"label":"High","value":"64.4","className":"is-ohlc","compact":true},{"label":"Low","value":"61.7","className":"is-ohlc","compact":true},{"label":"Close","value":"63.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.11","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"64.0","className":"is-ohlc","compact":true},{"label":"High","value":"67.2","className":"is-ohlc","compact":true},{"label":"Low","value":"63.2","className":"is-ohlc","compact":true},{"label":"Close","value":"67.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.02","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"66.4","className":"is-ohlc","compact":true},{"label":"High","value":"70.4","className":"is-ohlc","compact":true},{"label":"Low","value":"66.4","className":"is-ohlc","compact":true},{"label":"Close","value":"70.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.11","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"69.8","className":"is-ohlc","compact":true},{"label":"High","value":"70.5","className":"is-ohlc","compact":true},{"label":"Low","value":"69.4","className":"is-ohlc","compact":true},{"label":"Close","value":"70.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.18","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"70.7","className":"is-ohlc","compact":true},{"label":"High","value":"70.7","className":"is-ohlc","compact":true},{"label":"Low","value":"69.5","className":"is-ohlc","compact":true},{"label":"Close","value":"70.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.27","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"71.5","className":"is-ohlc","compact":true},{"label":"High","value":"75.1","className":"is-ohlc","compact":true},{"label":"Low","value":"71.1","className":"is-ohlc","compact":true},{"label":"Close","value":"74.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.45","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"74.6","className":"is-ohlc","compact":true},{"label":"High","value":"74.7","className":"is-ohlc","compact":true},{"label":"Low","value":"72.1","className":"is-ohlc","compact":true},{"label":"Close","value":"73.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.60","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"72.5","className":"is-ohlc","compact":true},{"label":"High","value":"74.0","className":"is-ohlc","compact":true},{"label":"Low","value":"71.2","className":"is-ohlc","compact":true},{"label":"Close","value":"74.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.73","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"74.9","className":"is-ohlc","compact":true},{"label":"High","value":"77.1","className":"is-ohlc","compact":true},{"label":"Low","value":"74.8","className":"is-ohlc","compact":true},{"label":"Close","value":"76.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.92","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"75.4","className":"is-ohlc","compact":true},{"label":"High","value":"75.7","className":"is-ohlc","compact":true},{"label":"Low","value":"74.4","className":"is-ohlc","compact":true},{"label":"Close","value":"74.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.83","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"75.3","className":"is-ohlc","compact":true},{"label":"High","value":"76.7","className":"is-ohlc","compact":true},{"label":"Low","value":"75.2","className":"is-ohlc","compact":true},{"label":"Close","value":"76.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.98","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"80.0","className":"is-ohlc","compact":true},{"label":"High","value":"80.1","className":"is-ohlc","compact":true},{"label":"Low","value":"79.9","className":"is-ohlc","compact":true},{"label":"Close","value":"79.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.08","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"76.4","className":"is-ohlc","compact":true},{"label":"High","value":"77.2","className":"is-ohlc","compact":true},{"label":"Low","value":"76.1","className":"is-ohlc","compact":true},{"label":"Close","value":"77.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.05","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"77.0","className":"is-ohlc","compact":true},{"label":"High","value":"77.3","className":"is-ohlc","compact":true},{"label":"Low","value":"76.9","className":"is-ohlc","compact":true},{"label":"Close","value":"77.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.13","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"75.9","className":"is-ohlc","compact":true},{"label":"High","value":"76.6","className":"is-ohlc","compact":true},{"label":"Low","value":"75.9","className":"is-ohlc","compact":true},{"label":"Close","value":"76.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.92","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"74.2","className":"is-ohlc","compact":true},{"label":"High","value":"75.7","className":"is-ohlc","compact":true},{"label":"Low","value":"71.2","className":"is-ohlc","compact":true},{"label":"Close","value":"72.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.60","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"72.7","className":"is-ohlc","compact":true},{"label":"High","value":"75.3","className":"is-ohlc","compact":true},{"label":"Low","value":"72.7","className":"is-ohlc","compact":true},{"label":"Close","value":"73.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.26","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"73.9","className":"is-ohlc","compact":true},{"label":"High","value":"74.2","className":"is-ohlc","compact":true},{"label":"Low","value":"69.8","className":"is-ohlc","compact":true},{"label":"Close","value":"72.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.11","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"73.4","className":"is-ohlc","compact":true},{"label":"High","value":"75.1","className":"is-ohlc","compact":true},{"label":"Low","value":"72.2","className":"is-ohlc","compact":true},{"label":"Close","value":"74.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.35","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"74.2","className":"is-ohlc","compact":true},{"label":"High","value":"75.9","className":"is-ohlc","compact":true},{"label":"Low","value":"73.8","className":"is-ohlc","compact":true},{"label":"Close","value":"75.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.49","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"75.5","className":"is-ohlc","compact":true},{"label":"High","value":"75.5","className":"is-ohlc","compact":true},{"label":"Low","value":"75.3","className":"is-ohlc","compact":true},{"label":"Close","value":"75.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.59","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[61.328201,80.961804],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.594703,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"price":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Price response ahead of support","detail":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","annotations":[{"label":"Current tape relationship","value":"Price response ahead of support","detail":"Market Dynamics weakened this week and remains below zero.","tone":"caution"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Lagging price","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":26,"relationship":{"sameWeekCorrelation":0.27,"forwardCorrelation":-0.74,"directionalAgreement":38.1,"sample":21,"correlationSample":25,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":3.0,"medianWeeksInZone":3,"averageWeeksToHigher":2.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":11.2,"averageReturn":11.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":21.5,"averageReturn":21.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.3,"sample":1},{"week":2,"averageReturn":0.4,"sample":1},{"week":3,"averageReturn":6.2,"sample":1},{"week":4,"averageReturn":11.2,"sample":1},{"week":5,"averageReturn":11.6,"sample":1},{"week":6,"averageReturn":10.9,"sample":1},{"week":7,"averageReturn":18.5,"sample":1},{"week":8,"averageReturn":15.7,"sample":1},{"week":9,"averageReturn":17.2,"sample":1},{"week":10,"averageReturn":21.3,"sample":1},{"week":11,"averageReturn":17.8,"sample":1},{"week":12,"averageReturn":21.5,"sample":1},{"week":13,"averageReturn":26.5,"sample":1},{"week":14,"averageReturn":22.2,"sample":1},{"week":15,"averageReturn":22.4,"sample":1},{"week":16,"averageReturn":21.2,"sample":1},{"week":17,"averageReturn":14.3,"sample":1},{"week":18,"averageReturn":16.4,"sample":1},{"week":19,"averageReturn":15.2,"sample":1},{"week":20,"averageReturn":17.5,"sample":1},{"week":21,"averageReturn":19.1,"sample":1},{"week":22,"averageReturn":19.3,"sample":1},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-9.6,"averageReturn":-9.6,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-3.4,"sample":1},{"week":2,"averageReturn":-3.2,"sample":1},{"week":3,"averageReturn":-4.2,"sample":1},{"week":4,"averageReturn":-9.6,"sample":1},{"week":5,"averageReturn":-8.0,"sample":1},{"week":6,"averageReturn":-8.9,"sample":1},{"week":7,"averageReturn":-7.1,"sample":1},{"week":8,"averageReturn":-5.8,"sample":1},{"week":9,"averageReturn":-5.7,"sample":1},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":19.1,"averageExpectedMove":19.1,"averageWeeksToLargestMove":10.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":5.7,"medianReturn":5.7,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":15.3,"medianReturn":15.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":4.4,"sample":2},{"week":2,"averageReturn":2.8,"sample":2},{"week":3,"averageReturn":2.6,"sample":2},{"week":4,"averageReturn":5.7,"sample":2},{"week":5,"averageReturn":1.5,"sample":2},{"week":6,"averageReturn":3.1,"sample":2},{"week":7,"averageReturn":4.5,"sample":2},{"week":8,"averageReturn":3.8,"sample":2},{"week":9,"averageReturn":6.2,"sample":2},{"week":10,"averageReturn":8.7,"sample":2},{"week":11,"averageReturn":15.1,"sample":1},{"week":12,"averageReturn":15.3,"sample":1},{"week":13,"averageReturn":14.2,"sample":1},{"week":14,"averageReturn":7.6,"sample":1},{"week":15,"averageReturn":9.6,"sample":1},{"week":16,"averageReturn":8.5,"sample":1},{"week":17,"averageReturn":10.6,"sample":1},{"week":18,"averageReturn":12.2,"sample":1},{"week":19,"averageReturn":12.3,"sample":1},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.9,"sample":1},{"week":2,"averageReturn":3.4,"sample":1},{"week":3,"averageReturn":3.5,"sample":1},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.1,"sample":1},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":3,"completedEpisodes":1,"activeEpisodes":2,"medianExpectedMove":28.1,"averageExpectedMove":28.1,"averageWeeksToLargestMove":12.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"averageReturn":4.6,"medianReturn":3.9,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":28.1,"medianReturn":28.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.3,"sample":3},{"week":2,"averageReturn":3.6,"sample":3},{"week":3,"averageReturn":3.8,"sample":3},{"week":4,"averageReturn":4.6,"sample":3},{"week":5,"averageReturn":4.5,"sample":3},{"week":6,"averageReturn":5.1,"sample":3},{"week":7,"averageReturn":8.0,"sample":2},{"week":8,"averageReturn":8.2,"sample":2},{"week":9,"averageReturn":11.3,"sample":2},{"week":10,"averageReturn":10.2,"sample":2},{"week":11,"averageReturn":12.1,"sample":2},{"week":12,"averageReturn":28.1,"sample":1},{"week":13,"averageReturn":23.8,"sample":1},{"week":14,"averageReturn":24.0,"sample":1},{"week":15,"averageReturn":22.8,"sample":1},{"week":16,"averageReturn":15.7,"sample":1},{"week":17,"averageReturn":17.9,"sample":1},{"week":18,"averageReturn":16.7,"sample":1},{"week":19,"averageReturn":19.0,"sample":1},{"week":20,"averageReturn":20.6,"sample":1},{"week":21,"averageReturn":20.8,"sample":1},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":5.8,"averageExpectedMove":5.8,"averageWeeksToLargestMove":7.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":0.8,"medianReturn":0.8,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-1.7,"medianReturn":-1.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-2.9,"sample":1},{"week":2,"averageReturn":0.2,"sample":1},{"week":3,"averageReturn":4.3,"sample":1},{"week":4,"averageReturn":0.8,"sample":1},{"week":5,"averageReturn":0.9,"sample":1},{"week":6,"averageReturn":-0.0,"sample":1},{"week":7,"averageReturn":-5.8,"sample":1},{"week":8,"averageReturn":-4.0,"sample":1},{"week":9,"averageReturn":-5.0,"sample":1},{"week":10,"averageReturn":-3.1,"sample":1},{"week":11,"averageReturn":-1.8,"sample":1},{"week":12,"averageReturn":-1.7,"sample":1},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Price ahead of underlying support","tone":"caution","headline":"Price is leading its underlying support","use":"Market Dynamics must catch up or price may correct toward the weaker underlying position.","confirm":"Treat the gap as an early-downside risk watch. Stronger Market Dynamics would confirm the price move; a weaker price response would confirm that the gap is closing through correction.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","sample":0},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"The current relationship is visible, but this ticker does not yet have a completed comparable outcome.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 3.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-29","price":76.610001}],"reversal_dangers":[{"date":"2026-06-26","price":77.199997}]}},"smTape":{"available":true,"dates":["2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","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","2026-08-14","2026-08-21"],"close":[55.09,55.88,55.05,55.27,57.57,58.28,58.44,59.69,58.57,60.29,60.89,61.59,60.13,61.27,59.07,60.26,60.6,59.45,59.99,59.98,62.04,63.7,64.58,64.85,64.87,65.74,67.05,68.74,68.85,64.5,64.69,63.17,62.38,63.42,67.08,70.23,70.48,70.06,74.85,73.07,74.01,76.61,74.41,76.74,79.91,77.2,77.33,76.59,72.2,73.52,72.8,74.21,75.25,75.34],"consensus":[0.0,100.0,-96.3964,0.0,82.4998,85.8679,55.884,95.7489,10.6795,92.2697,86.0791,69.4235,0.0,62.333,-45.984,39.5623,45.3879,-35.4847,33.5153,10.8719,73.3629,67.2271,69.3651,57.4174,37.9797,74.5529,69.885,80.9376,41.0837,-44.8076,0.0,-57.3407,-43.497,0.0,63.1215,66.9631,53.0226,28.4883,79.957,8.9039,61.6057,70.0526,0.0,73.6094,42.9525,26.9969,46.3045,27.0366,-56.1347,0.0,-24.5223,11.1304,27.8643,2.8529],"supportDates":["2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","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","2026-08-14","2026-08-21"],"control":[null,null,null,96.5391,47.3132,95.076,18.2125,94.6974,87.6881,52.6442,0.0,48.3512,-38.9027,65.6999,57.6707,-31.6157,30.276,23.1871,76.2041,77.3376,64.1094,58.7695,29.6751,73.7493,64.338,86.9083,29.9276,-42.223,0.0,-47.6795,-29.0207,0.0,60.2423,77.7071,61.1092,21.2037,86.3178,5.964,65.7488,72.2524,0.0,77.7903,32.2889,36.3195,53.6263,40.0179,-46.659,0.0,-14.888,20.8158,29.3059,8.2025],"force":[-96.3964,0.0,57.9998,56.7801,17.4727,98.5326,45.2031,91.3215,77.3015,67.6775,0.0,63.6555,-84.3606,33.5716,34.9091,-59.4011,47.1356,1.5421,94.8921,54.4731,79.1628,39.714,11.3328,87.666,80.7154,82.1745,15.9765,-94.5184,0.0,-91.416,-55.4629,0.0,94.9671,61.4113,29.9149,1.76,85.9181,58.6509,54.2688,69.7192,0.0,82.2944,24.1214,11.125,24.0407,5.4532,-88.6841,0.0,-22.9199,33.4262,29.5854,4.8554],"direction":[null,null,99.9999,94.4492,93.1157,94.5296,83.615,90.1725,90.51,89.8471,0.0,77.3674,-26.6651,13.9699,38.8352,-22.8233,27.4885,3.4616,54.7377,64.7823,68.3733,68.5175,66.5044,66.1049,68.4885,73.2305,71.7673,-12.2538,0.0,-44.0426,-51.4942,0.0,43.665,58.6497,60.2863,58.4195,68.4296,60.5174,62.1112,67.7766,0.0,62.6276,68.5902,43.5723,53.8394,27.6175,-43.7144,0.0,-36.6774,15.8642,24.9876,20.9935],"intensity":[null,null,100.0,80.0,16.6667,71.4286,62.5,77.7778,70.0,63.6364,66.6667,38.4615,92.8571,46.6667,6.25,41.1765,55.5556,36.8421,95.0,100.0,63.6364,4.3478,29.1667,28.0,84.6154,74.0741,78.5714,100.0,73.3333,61.2903,59.375,27.2727,97.0588,94.2857,91.6667,8.1081,100.0,71.7949,22.5,92.6829,76.1905,83.7209,97.7273,93.3333,17.3913,23.4043,95.8333,51.0204,82.0,78.4314,51.9231,51.9231],"confirmation":[53.5135,0.3949,70.6133,94.4286,84.8428,98.7347,38.3499,97.4604,95.2533,90.418,41.4043,88.1999,83.9924,80.0791,82.0176,80.1429,79.1893,25.6737,92.089,88.9699,90.5755,85.8134,79.468,92.2688,90.7778,93.8467,80.5516,83.8928,26.3051,87.5347,82.5043,31.3025,89.2133,89.0953,84.1398,54.0142,93.671,13.3474,87.4271,90.3731,32.1034,91.756,81.3334,32.3751,82.0273,53.1294,87.0995,5.5324,75.9451,30.1447,76.9471,2.6151],"persistence":[0.0,0.0,20.0,33.3333,42.8571,50.0,62.5,62.5,87.5,100.0,87.5,87.5,62.5,62.5,62.5,37.5,37.5,37.5,50.0,50.0,75.0,75.0,75.0,100.0,100.0,100.0,100.0,75.0,62.5,37.5,12.5,0.0,0.0,0.0,0.0,25.0,37.5,62.5,87.5,100.0,87.5,87.5,87.5,87.5,87.5,87.5,62.5,50.0,37.5,37.5,37.5,25.0],"assessmentRisk":[null,null,7.5212,6.2026,21.9839,2.1199,32.1184,1.7255,6.2298,13.4761,45.4952,5.4655,21.7263,59.2506,4.631,27.9166,16.0288,17.158,4.2459,16.2773,15.2708,21.2626,30.1548,10.404,13.948,9.5219,29.4502,10.3341,45.6506,21.2311,28.2154,32.6515,11.9597,16.4478,23.4644,35.6429,9.9115,37.242,14.5104,14.5374,9.1073,9.9796,28.1543,0.9806,19.3649,16.8626,21.724,43.2773,35.0451,45.3213,30.5314,33.153],"volumeParticipation":true,"latest":{"consensus":2.9,"control":8.2,"force":4.9,"direction":21.0,"confirmation":2.6,"persistence":25.0,"assessmentRisk":33.2,"intensity":51.9,"evidenceDepth":100},"analysis":{"status":"Price structure has stronger support","headline":"The gauges support the price-technical view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the upward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"positive","supportedView":"Price structure","direction":"upward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Broadly stable","forceState":"Commitment is limited","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+2.9","detail":"Price structure has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+8.2","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+4.9","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+21.0","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"3/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"59.2","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"3.3%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"25.4","detail":"Directional","tone":"positive"},{"label":"Range position","value":"74%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned upward.","series":[{"label":"Close","values":[55.09,55.88,55.05,55.27,57.57,58.28,58.44,59.69,58.57,60.29,60.89,61.59,60.13,61.27,59.07,60.26,60.6,59.45,59.99,59.98,62.04,63.7,64.58,64.85,64.87,65.74,67.05,68.74,68.85,64.5,64.69,63.17,62.38,63.42,67.08,70.23,70.48,70.06,74.85,73.07,74.01,76.61,74.41,76.74,79.91,77.2,77.33,76.59,72.2,73.52,72.8,74.21,75.25,75.34],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,55.6415,56.1212,56.5428,57.115,57.3796,57.9087,58.4508,59.0216,59.2231,59.5953,59.4998,59.638,59.8129,59.7469,59.7911,59.8255,60.2281,60.8594,61.5358,62.1384,62.6351,63.1996,63.8997,64.7797,65.5198,65.3344,65.2172,64.845,64.3968,64.2192,64.7394,65.7377,66.5999,67.229,68.6146,69.4247,70.2584,71.4132,71.9581,72.8275,74.1153,74.6761,75.1586,75.4189,74.8336,74.5948,74.2685,74.2578,74.4382,74.6022],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,57.4285,57.7131,57.8136,57.9948,58.1878,58.2813,58.4079,58.5243,58.7847,59.1488,59.5511,59.9436,60.3086,60.7109,61.1805,61.7404,62.2671,62.4325,62.5997,62.6419,62.6225,62.6816,63.0074,63.5424,64.0563,64.501,65.2676,65.8456,66.4503,67.2029,67.7368,68.4037,69.256,69.8444,70.3989,70.8575,70.957,71.1468,71.2693,71.4871,71.7658,72.0306],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,61.1308,61.7987,62.4934,62.6205,62.9614,62.8621,62.9217,63.0164,62.9503,62.9414,62.9275,63.1083,63.6487,64.1112,64.4633,65.0024,65.6913,66.5802,67.8127,68.7729,68.9267,69.0898,69.1287,69.0898,69.1228,69.3755,70.2871,71.1016,71.5305,73.0519,73.7566,74.6901,76.1695,76.9638,78.1117,79.7998,80.6851,81.5057,82.1296,82.2452,82.242,82.1073,81.7404,81.0148,80.0474],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,53.6952,53.6595,53.6083,53.801,53.8972,54.0819,54.2458,54.3883,54.5374,54.6776,54.8085,55.3227,55.5643,56.0548,56.6607,56.8516,56.9087,56.8809,56.5533,56.6211,56.8883,57.1052,57.2243,57.4882,57.6702,58.2185,58.3039,58.4774,59.1095,59.0741,59.6784,59.9419,59.7535,59.9422,59.9833,59.7992,60.0599,60.2673,60.4284,60.6478,61.553,62.4987,63.9696,65.9822,68.1416],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","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","2026-08-14","2026-08-21"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,141.9651,6.0675,63.852,64.9205,110.5269,134.8309,121.4816,82.0002,6.693,16.6397,14.1361,46.9445,126.7645,176.0372,19.2623,379.8637,122.6948,351.4748,234.6857,414.7013,85.0009,269.7219,307.9419,588.6122,129.4824,196.2206,133.3072,213.7971,17.0705,9.7894,29.8112,89.9837,184.0399,116.3816,84.9819,14.6473,130.0332,7.8788,41.9168,4.1059,9.0023,150.6586,106.9681,79.8951,144.8376,12.3339,2.5307],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,121.1842,120.4032,128.3049,135.0,135.0,123.126,134.0041,126.7546,127.3117,128.628,127.5635,130.9975,121.5922,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,127.505,135.0,131.6166,126.082,130.02,135.0,135.0,135.0,134.0806,135.0,128.9376,132.918,135.0,134.509,135.0,135.0,133.7467,133.8609,133.6134,129.3922,132.322,130.5061,133.8551,134.1161,134.1659],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","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","2026-08-14","2026-08-21"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,1.4541,1.5369,1.4087,1.3871,1.3815,1.2697,1.2106,1.1498,1.2534,1.4526,1.6624,1.8294,1.9409,2.0756,2.2619,2.517,2.6969,2.4601,2.2617,1.9593,1.637,1.4487,1.5767,1.9103,2.1698,2.3149,2.7844,2.9784,3.1715,3.494,3.5314,3.7063,4.054,4.064,4.0359,3.9089,3.4146,3.0937,2.7497,2.5612,2.4674,2.3729],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,1.4315,1.3992,1.3615,1.3191,1.306,1.3353,1.4007,1.4865,1.5773,1.677,1.794,1.9386,2.0903,2.1642,2.1837,2.1388,2.0385,1.9205,1.8518,1.8635,1.9247,2.0028,2.1591,2.323,2.4927,2.6929,2.8606,3.0298,3.2346,3.4005,3.5276,3.6038,3.566,3.4715,3.3272,3.174,3.0327,2.9007],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.05,-0.1295,-0.1508,-0.1693,-0.0526,0.1173,0.2617,0.3429,0.3636,0.3986,0.468,0.5784,0.6067,0.2959,0.078,-0.1796,-0.4015,-0.4718,-0.275,0.0468,0.2451,0.3122,0.6253,0.6554,0.6788,0.8011,0.6708,0.6766,0.8194,0.6635,0.5083,0.305,-0.1514,-0.3778,-0.5775,-0.6128,-0.5653,-0.5278],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","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","2026-08-14","2026-08-21"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,1.2454,1.5321,1.5332,1.5065,1.5124,1.5132,1.4328,1.5453,1.605,1.6569,1.7205,1.7744,1.8725,1.9786,1.9459,1.9897,2.4738,2.6183,2.8256,2.9937,3.0395,3.0869,3.1446,3.0161,2.9398,3.037,3.1537,3.1663,3.1284,3.2021,3.0999,3.0647,3.2982,3.0944,3.0335,3.5194,3.5105,3.7247,3.6673,3.5595,3.324],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,12.9509,14.099,15.3058,15.151,15.5131,15.016,14.8093,14.698,14.3213,14.0519,13.7918,13.148,13.563,13.4087,12.8837,13.3779,14.3274,15.7123,18.107,19.3817,19.1366,18.9937,18.8432,18.3311,18.0651,17.4882,18.6378,19.4848,19.0155,21.1581,21.1014,21.9089,24.1548,24.8662,26.2549,28.6543,29.3086,29.9611,30.4454,30.2288,28.7756,27.1199,24.3919,20.4531,16.0685],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","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","2026-08-14","2026-08-21"]},{"key":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[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,42.4158,43.1254,44.2766,42.3392,40.0643,37.7923,35.2628,32.914,31.6808,31.6319,31.6255,31.6922,32.8819,33.9866,34.4185,35.5125,36.2852,37.2269,38.7116,38.1587,37.6761,36.7573,34.1331,31.6963,30.3413,28.7683,27.0154,25.3878],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,47.7792,37.4087,34.0249,34.9482,32.9493,30.3048,32.6346,43.5551,49.5233,53.0816,47.2707,48.257,41.9007,47.8941,45.6041,50.5246,40.2789,35.2341,31.0465,27.5552,24.7881,30.8105,37.1419,36.2683,35.5565,43.7087,40.0371,36.559,42.3418,39.5492,39.905,45.7944,40.8997,40.7995,39.0183,33.1284,30.2862,26.7679,27.0753,27.7313,27.5415],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,13.3253,26.3764,23.9905,22.5452,21.2557,29.1493,28.5921,23.7989,20.7229,18.3851,17.6528,15.8892,17.9741,15.487,14.263,12.9318,28.4841,28.5432,26.3113,28.8987,25.9967,22.4724,19.5651,18.8748,18.0893,15.2189,13.9405,15.6556,14.2139,14.5055,13.4907,12.1686,21.5563,21.2989,23.5049,33.1405,30.2973,34.5749,31.9886,30.1802,29.9736],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","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","2026-08-14","2026-08-21"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,98.5537,64.3739,94.709,99.5,91.2449,71.2723,86.8673,56.7716,73.0506,77.7018,61.9699,69.3571,69.2203,97.4008,97.8819,93.4236,96.0348,89.8015,97.6534,91.7558,102.4663,91.2756,60.9235,56.1951,41.2259,33.1904,42.0601,73.4764,98.902,99.9165,94.5901,98.4328,87.7034,93.3131,97.3427,85.4122,98.0477,99.0641,85.2792,84.9293,80.9031,57.0185,64.2002,60.2829,67.9543,73.6126,74.1023],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-0.1171,-3.3339,-0.4951,-0.0492,-1.0284,-3.3746,-1.5427,-5.0779,-3.1657,-2.6193,-4.4673,-3.5995,-3.6156,-0.3053,-0.2974,-1.042,-0.6283,-1.7121,-0.3939,-1.5852,0.4824,-1.8811,-8.0804,-7.8096,-9.9758,-11.1016,-9.6195,-4.4036,-0.1848,-0.0142,-0.9333,-0.3462,-2.716,-1.4645,-0.6355,-3.489,-0.4669,-0.2372,-3.6205,-3.4582,-4.382,-9.8627,-8.2147,-9.1136,-7.3533,-6.0549,-5.9426],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,8.6854,6.646,9.7779,10.8704,12.1449,9.4865,11.5623,7.5564,9.7232,10.3423,8.2484,9.2316,9.2134,12.9643,15.9869,17.5892,18.0808,18.1173,19.7014,21.8426,24.9137,25.0908,15.8821,12.1922,8.4277,6.6143,8.3732,14.6275,20.0103,20.4375,19.7198,27.905,24.8633,26.1677,30.6001,26.8496,30.8217,33.6288,27.8146,25.2916,24.0927,16.9799,19.1186,17.952,20.2365,21.9216,22.0674],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","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","2026-08-14","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/00e09ee8-f8d3-4f5a-ba6f-f4c9964aea0b/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/00e09ee8-f8d3-4f5a-ba6f-f4c9964aea0b/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/00e09ee8-f8d3-4f5a-ba6f-f4c9964aea0b/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/00e09ee8-f8d3-4f5a-ba6f-f4c9964aea0b/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/00e09ee8-f8d3-4f5a-ba6f-f4c9964aea0b/technical-pack/data.json"},"source_fingerprint":"4f3cfc26b06d6975772115001db294cfdf2b3c872af8d12038ecd48de43e62c5","content_hash":"96daba0f7788add7b420ea661863a20efe554db003086b6f8419087482ed69bb","citation":"Sharemaestro, CLEM Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/00e09ee8-f8d3-4f5a-ba6f-f4c9964aea0b/technical-pack/","data_notes":{"time_series":"Parallel time-series arrays align by index with their dates array.","events":"Sparse chart markers are published as compact dated event records rather than null-filled arrays.","missing_values":"A remaining null in an aligned series means that observation is genuinely unavailable; zero remains a valid value."},"boundary":"Completed market observations and published proprietary outputs only. Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}