{"schema_version":"1.0","name":"BMNR Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"02707508-a785-48e9-9537-3bc6692e2be4","symbol":"BMNR","name":"BitMine Immersion Technologies, Inc.","exchange":"NYSE","country":"US","asset_type":"equity","currency":"USD","sector":"Financial Services","industry":"Capital Markets"},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has not yet established a clear direction.","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, Strength versus the research benchmark, Drawdown and recovery pressure, Activity pressure and cumulative balance, Range pressure and compression, Acceleration, deceleration and rollover."},{"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":"2026-08-14","observations":63,"displayedObservations":63,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has not yet established a clear direction.","evidenceAlignment":{"status":"Repair in progress","headline":"Market Dynamics is improving while price remains rotational","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has not yet established a clear direction.","take":"Treat the repair as constructive context until price confirms it.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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"],"values":[-0.610303,-0.989835,-1.145965,-1.269205,-1.275513,-1.247693,-1.266453,-1.296538,-1.370713,-1.353417,-1.254358,-1.236392,-1.163518,-1.011658,-0.968829,-0.815082,-0.676601,-0.422826,-0.212258,-0.041461,0.117747,0.094467,0.104709,0.102138,0.094774,-0.016309,-0.128835,-0.281573,-0.4866,-0.594281,-0.607928,-0.582876,-0.367653,-0.213599,-0.118195],"opens":[34.52,32.68,28.0,32.48,29.94,28.77,27.75,22.875,19.4,20.61,19.5,18.9,19.76,22.27,21.2,19.18,20.0,20.98,22.18,22.03,22.16,22.02,19.34,19.29,18.46,16.63,17.19,16.28,13.72,14.325,14.76,16.015,16.705,16.96,18.75],"highs":[34.84,32.78,31.26,34.04,34.39,29.76,30.5499,24.08,21.7499,20.68,22.17,21.867,22.76,23.85,21.88,20.38,21.96,24.11,23.44,22.41,23.47,23.365,19.87,20.05,19.44,17.28,17.82,17.13,15.25,16.16,16.94,18.24,18.32,19.3,18.86],"lows":[28.4,27.9,26.84,29.16,29.71,26.76,24.55,17.19,18.68,19.25,18.65,18.82,19.27,20.2237,18.28,17.84,19.3,20.68,21.58,20.19,21.38,19.85,18.29,17.87,15.6,15.352,15.4407,12.9446,12.8,14.1,14.32,15.515,16.33,16.63,17.4],"closes":[31.36,28.31,31.19,30.06,31.16,28.8,25.1,20.47,20.96,20.13,18.98,18.88,20.54,20.94,18.39,19.45,21.28,22.95,22.14,21.88,22.17,19.87,18.88,19.27,15.9,16.11,16.14,13.56,14.36,14.98,15.69,15.79,17.28,18.82,18.08],"pressureRange":[-1.562613,1.562613],"priceRange":[13.56,31.36],"zones":{"accumulationBoundary":0.06,"distributionBoundary":0.94},"latest":-0.118195,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Underlying pressure is repairing","detail":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","annotations":[{"label":"Current tape relationship","value":"Underlying pressure is repairing","detail":"Market Dynamics improved this week but 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":"Repairing","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":35,"relationship":{"sameWeekCorrelation":0.29,"forwardCorrelation":-0.08,"directionalAgreement":60.0,"sample":30,"correlationSample":34,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":2.0,"medianWeeksInZone":2,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":16.4,"averageReturn":16.4,"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":5.9,"sample":1},{"week":2,"averageReturn":10.5,"sample":1},{"week":3,"averageReturn":15.7,"sample":1},{"week":4,"averageReturn":16.4,"sample":1},{"week":5,"averageReturn":27.4,"sample":1},{"week":6,"averageReturn":38.8,"sample":1},{"week":7,"averageReturn":33.3,"sample":1},{"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}]},"distribution":{"label":"Distribution","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":-19.5,"averageReturn":-17.6,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":-34.5,"averageReturn":-35.7,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":-49.6,"averageReturn":-50.7,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-7.0,"sample":3},{"week":2,"averageReturn":-6.7,"sample":3},{"week":3,"averageReturn":-15.4,"sample":3},{"week":4,"averageReturn":-17.6,"sample":3},{"week":5,"averageReturn":-26.0,"sample":3},{"week":6,"averageReturn":-30.6,"sample":3},{"week":7,"averageReturn":-36.5,"sample":3},{"week":8,"averageReturn":-35.5,"sample":3},{"week":9,"averageReturn":-36.0,"sample":3},{"week":10,"averageReturn":-38.2,"sample":3},{"week":11,"averageReturn":-36.7,"sample":3},{"week":12,"averageReturn":-35.7,"sample":3},{"week":13,"averageReturn":-32.4,"sample":3},{"week":14,"averageReturn":-34.0,"sample":3},{"week":15,"averageReturn":-31.4,"sample":3},{"week":16,"averageReturn":-30.0,"sample":3},{"week":17,"averageReturn":-31.0,"sample":3},{"week":18,"averageReturn":-32.6,"sample":3},{"week":19,"averageReturn":-34.9,"sample":3},{"week":20,"averageReturn":-39.2,"sample":3},{"week":21,"averageReturn":-41.1,"sample":3},{"week":22,"averageReturn":-45.7,"sample":3},{"week":23,"averageReturn":-47.8,"sample":3},{"week":24,"averageReturn":-50.5,"sample":3},{"week":25,"averageReturn":-52.4,"sample":3},{"week":26,"averageReturn":-50.7,"sample":3}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":10.4,"averageExpectedMove":10.4,"averageWeeksToLargestMove":1.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-28.3,"medianReturn":-28.3,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-22.1,"medianReturn":-22.1,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-10.4,"sample":1},{"week":2,"averageReturn":-14.8,"sample":1},{"week":3,"averageReturn":-13.1,"sample":1},{"week":4,"averageReturn":-28.3,"sample":1},{"week":5,"averageReturn":-27.3,"sample":1},{"week":6,"averageReturn":-27.2,"sample":1},{"week":7,"averageReturn":-38.8,"sample":1},{"week":8,"averageReturn":-35.2,"sample":1},{"week":9,"averageReturn":-32.4,"sample":1},{"week":10,"averageReturn":-29.2,"sample":1},{"week":11,"averageReturn":-28.8,"sample":1},{"week":12,"averageReturn":-22.1,"sample":1},{"week":13,"averageReturn":-15.1,"sample":1},{"week":14,"averageReturn":-18.4,"sample":1},{"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}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":4,"completedEpisodes":3,"activeEpisodes":1,"medianExpectedMove":26.7,"averageExpectedMove":27.1,"averageWeeksToLargestMove":9.3,"horizons":[{"weeks":4,"sample":4,"expectedCount":3,"expectedPercent":75.0,"averageReturn":-10.9,"medianReturn":-15.7,"confidenceLow":30.1,"confidenceHigh":95.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":-18.6,"medianReturn":-12.2,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-40.4,"medianReturn":-40.4,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-5.0,"sample":4},{"week":2,"averageReturn":-9.0,"sample":4},{"week":3,"averageReturn":-10.0,"sample":4},{"week":4,"averageReturn":-10.9,"sample":4},{"week":5,"averageReturn":-11.0,"sample":4},{"week":6,"averageReturn":-9.7,"sample":4},{"week":7,"averageReturn":-10.2,"sample":4},{"week":8,"averageReturn":-10.3,"sample":4},{"week":9,"averageReturn":-9.6,"sample":4},{"week":10,"averageReturn":-23.2,"sample":3},{"week":11,"averageReturn":-19.5,"sample":3},{"week":12,"averageReturn":-18.6,"sample":3},{"week":13,"averageReturn":-21.8,"sample":3},{"week":14,"averageReturn":-20.8,"sample":3},{"week":15,"averageReturn":-23.1,"sample":3},{"week":16,"averageReturn":-22.8,"sample":3},{"week":17,"averageReturn":-24.5,"sample":3},{"week":18,"averageReturn":-27.4,"sample":3},{"week":19,"averageReturn":-23.9,"sample":3},{"week":20,"averageReturn":-28.8,"sample":3},{"week":21,"averageReturn":-47.1,"sample":2},{"week":22,"averageReturn":-45.5,"sample":2},{"week":23,"averageReturn":-48.4,"sample":2},{"week":24,"averageReturn":-45.7,"sample":2},{"week":25,"averageReturn":-44.5,"sample":2},{"week":26,"averageReturn":-40.4,"sample":2}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":4,"completedEpisodes":3,"activeEpisodes":1,"medianExpectedMove":30.3,"averageExpectedMove":30.2,"averageWeeksToLargestMove":10.7,"horizons":[{"weeks":4,"sample":3,"expectedCount":1,"expectedPercent":33.3,"averageReturn":-2.7,"medianReturn":9.6,"confidenceLow":6.1,"confidenceHigh":79.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":-24.6,"medianReturn":-23.1,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-45.2,"medianReturn":-45.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.5,"sample":4},{"week":2,"averageReturn":0.3,"sample":4},{"week":3,"averageReturn":0.7,"sample":4},{"week":4,"averageReturn":-2.7,"sample":3},{"week":5,"averageReturn":-4.8,"sample":3},{"week":6,"averageReturn":-9.3,"sample":3},{"week":7,"averageReturn":-8.6,"sample":3},{"week":8,"averageReturn":-11.1,"sample":3},{"week":9,"averageReturn":-21.4,"sample":3},{"week":10,"averageReturn":-19.2,"sample":3},{"week":11,"averageReturn":-22.4,"sample":3},{"week":12,"averageReturn":-24.6,"sample":3},{"week":13,"averageReturn":-24.1,"sample":3},{"week":14,"averageReturn":-27.4,"sample":3},{"week":15,"averageReturn":-24.6,"sample":3},{"week":16,"averageReturn":-26.1,"sample":3},{"week":17,"averageReturn":-23.6,"sample":3},{"week":18,"averageReturn":-20.3,"sample":3},{"week":19,"averageReturn":-23.1,"sample":3},{"week":20,"averageReturn":-27.1,"sample":2},{"week":21,"averageReturn":-28.8,"sample":2},{"week":22,"averageReturn":-52.9,"sample":1},{"week":23,"averageReturn":-50.1,"sample":1},{"week":24,"averageReturn":-48.0,"sample":1},{"week":25,"averageReturn":-45.5,"sample":1},{"week":26,"averageReturn":-45.2,"sample":1}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":3.0,"averageExpectedMove":3.0,"averageWeeksToLargestMove":2.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-18.9,"medianReturn":-18.9,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-5.3,"medianReturn":-5.3,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-5.0,"sample":1},{"week":2,"averageReturn":-3.0,"sample":1},{"week":3,"averageReturn":-20.0,"sample":1},{"week":4,"averageReturn":-18.9,"sample":1},{"week":5,"averageReturn":-18.8,"sample":1},{"week":6,"averageReturn":-31.8,"sample":1},{"week":7,"averageReturn":-27.7,"sample":1},{"week":8,"averageReturn":-24.6,"sample":1},{"week":9,"averageReturn":-21.0,"sample":1},{"week":10,"averageReturn":-20.5,"sample":1},{"week":11,"averageReturn":-13.0,"sample":1},{"week":12,"averageReturn":-5.3,"sample":1},{"week":13,"averageReturn":-9.0,"sample":1},{"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}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"medianExpectedMove":41.0,"averageExpectedMove":40.6,"averageWeeksToLargestMove":11.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":-17.6,"medianReturn":-19.5,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":-35.7,"medianReturn":-34.5,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":-50.7,"medianReturn":-49.6,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-7.0,"sample":3},{"week":2,"averageReturn":-6.7,"sample":3},{"week":3,"averageReturn":-15.4,"sample":3},{"week":4,"averageReturn":-17.6,"sample":3},{"week":5,"averageReturn":-26.0,"sample":3},{"week":6,"averageReturn":-30.6,"sample":3},{"week":7,"averageReturn":-36.5,"sample":3},{"week":8,"averageReturn":-35.5,"sample":3},{"week":9,"averageReturn":-36.0,"sample":3},{"week":10,"averageReturn":-38.2,"sample":3},{"week":11,"averageReturn":-36.7,"sample":3},{"week":12,"averageReturn":-35.7,"sample":3},{"week":13,"averageReturn":-32.4,"sample":3},{"week":14,"averageReturn":-34.0,"sample":3},{"week":15,"averageReturn":-31.4,"sample":3},{"week":16,"averageReturn":-30.0,"sample":3},{"week":17,"averageReturn":-31.0,"sample":3},{"week":18,"averageReturn":-32.6,"sample":3},{"week":19,"averageReturn":-34.9,"sample":3},{"week":20,"averageReturn":-39.2,"sample":3},{"week":21,"averageReturn":-41.1,"sample":3},{"week":22,"averageReturn":-45.7,"sample":3},{"week":23,"averageReturn":-47.8,"sample":3},{"week":24,"averageReturn":-50.5,"sample":3},{"week":25,"averageReturn":-52.4,"sample":3},{"week":26,"averageReturn":-50.7,"sample":3}]},"currentApplication":{"status":"Repair in progress","tone":"caution","headline":"Market Dynamics is repairing while price remains rotational","use":"The repair is constructive, but price has not yet established a clear response.","confirm":"Treat the repair as constructive context until price confirms it.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price has no clear direction","detail":"Price remains rotational while the Market Dynamics condition develops."}},"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":"Zone positioning","title":"Use distribution to protect capital before considering the short case","tone":"negative","finding":"After distribution, 100.0% of completed 12-week outcomes were lower across 3 cases. Distinct visits lasted 1.0 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 30.2% across 3 completed cases, with the largest move arriving after 10.7 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[{"date":"2025-12-26","price":28.31},{"date":"2026-01-09","price":30.06}],"price_pressure_gaps":[{"date":"2025-12-19","price":31.36},{"date":"2026-01-02","price":31.19},{"date":"2026-01-16","price":31.16}]}},"smTape":{"available":true,"dates":["2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","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"],"close":[7.5429,4.9586,4.6087,4.2638,134.9623,40.6087,42.3382,39.7889,31.6712,51.4157,57.7939,53.4751,43.6078,42.0283,55.0746,61.2729,50.4859,56.6342,52.4554,49.8361,50.3959,46.637,40.2188,34.3904,25.9927,33.1108,34.0505,34.86,31.36,28.31,31.19,30.06,31.16,28.8,25.1,20.47,20.96,20.13,18.98,18.88,20.54,20.94,18.39,19.45,21.28,22.95,22.14,21.88,22.17,19.87,18.88,19.27,15.9,16.11,16.14,13.56,14.36,14.98,15.69,15.79,17.28,18.82,18.08],"consensus":[56.3291,-89.9822,-49.3977,-12.1476,80.8089,0.0,21.6414,13.1957,-35.9039,60.5991,37.9489,21.2116,-13.2058,-8.6688,46.7321,46.5518,-11.6887,38.3176,-13.9818,-16.7584,0.0,-23.8413,-32.3978,-47.3165,-58.8583,0.0,-10.8424,-15.593,-21.0672,-38.6245,0.0,-27.8416,-10.295,-14.4966,-41.8574,-44.5557,-21.0394,-28.5335,-39.6789,-32.283,-12.0623,-16.971,-38.1134,0.0,0.0,15.8891,0.0,0.0,0.0,-35.1471,-25.2801,-9.9955,-53.8934,-26.206,-27.0065,-52.9227,-13.1373,-13.4578,0.0,-8.4,18.2281,35.3892,-5.4801],"supportDates":["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"],"control":[18.1866,-24.6995,-4.3179,55.0625,45.3817,-16.3338,39.9513,-15.8774,-14.205,0.0,-22.2722,-27.9592,-48.6247,-57.8039,0.0,-3.6812,-19.6033,-27.1145,-45.3173,0.0,-29.6633,-12.506,-13.862,-44.9716,-39.6997,-11.3288,-22.5247,-43.4835,-41.1627,-15.2318,-24.3805,-48.0841,0.0,0.0,15.3786,0.0,0.0,0.0,-39.3871,-26.6249,-6.3023,-55.9342,-26.6105,-29.5975,-54.5407,-11.1965,-14.6545,0.0,-19.6311,11.1687,34.0141,-2.2997],"force":[11.3617,-48.3692,-14.7811,62.6823,46.3392,-45.026,42.8966,-37.7599,-28.3451,0.0,-32.1534,-36.0278,-47.4271,-62.8052,0.0,-7.7048,-5.0332,-17.4767,-29.5849,0.0,-20.8856,-3.4073,-6.5189,-39.1751,-44.0118,-2.5824,-10.55,-24.9361,-14.1223,-10.7023,-4.8194,-37.0694,0.0,0.0,28.3206,0.0,0.0,0.0,-45.6227,-19.7035,-1.6205,-64.5644,-8.9254,-13.6599,-57.5147,-10.9944,-5.3212,0.0,-3.1548,30.787,40.9722,-6.5441],"direction":[47.9354,-25.0465,-9.2752,25.8187,48.041,-17.4322,33.1798,-5.1689,-11.4002,0.0,-19.6974,-34.8776,-45.7425,-57.244,0.0,-32.2747,-18.5524,-16.7207,-37.4324,0.0,-30.7283,-17.5555,-20.9202,-40.2143,-50.494,-49.01,-48.2461,-45.8614,-35.1067,-24.7005,-17.1827,-27.4639,0.0,0.0,7.5927,0.0,0.0,0.0,-22.8188,-27.7265,-22.5133,-43.9389,-38.0869,-33.5786,-47.7936,-32.5923,-25.5037,0.0,-0.6891,17.3254,32.9729,-22.96],"intensity":[54.5455,41.6667,38.4615,57.1429,40.0,50.0,23.5294,27.7778,36.8421,10.0,23.8095,54.5455,26.087,54.1667,32.0,11.5385,25.9259,39.2857,20.6897,20.0,19.3548,6.25,33.3333,29.4118,51.4286,11.1111,5.4054,10.5263,2.5641,15.0,9.7561,28.5714,16.2791,20.4545,24.4444,6.5217,14.8936,14.5833,30.6122,48.0,3.9216,48.0769,30.7692,7.6923,40.3846,26.9231,17.3077,7.6923,19.2308,26.9231,30.7692,7.6923],"confirmation":[30.9316,33.1323,48.3599,83.3134,82.9079,31.0711,80.3763,51.606,73.7547,0.4726,75.9064,78.5456,83.1247,86.971,8.8229,27.3238,49.9401,74.5399,79.9824,29.3968,76.6696,48.9033,49.7388,81.2652,82.3152,52.0449,76.6742,80.19,77.6418,28.0677,50.2808,80.0125,4.0188,49.6359,50.8045,3.004,1.8343,1.0681,79.5017,75.8992,25.9132,85.54,75.8531,76.1958,85.0506,28.5102,50.1845,3.3702,25.1707,74.3233,79.5156,26.0591],"persistence":[62.5,37.5,25.0,25.0,25.0,25.0,25.0,0.0,25.0,12.5,12.5,37.5,62.5,62.5,75.0,75.0,75.0,87.5,87.5,75.0,75.0,75.0,87.5,87.5,87.5,87.5,87.5,100.0,100.0,100.0,100.0,100.0,87.5,75.0,50.0,37.5,25.0,12.5,12.5,12.5,25.0,37.5,62.5,75.0,87.5,100.0,100.0,87.5,87.5,62.5,37.5,25.0],"assessmentRisk":[3.0288,19.036,5.9097,26.3689,14.7364,13.3654,5.591,7.5546,34.7231,0.7834,29.4495,31.2072,25.472,20.5,46.3365,30.6978,12.0309,49.7883,20.2968,31.1663,27.5983,2.7065,13.257,24.344,26.9781,39.0526,35.374,29.8027,15.6511,3.4477,26.8286,5.1655,17.6367,13.9579,29.7543,49.4266,41.3452,31.0958,31.2927,36.4626,42.9162,23.0075,36.1327,33.7595,23.479,31.7714,26.425,14.5189,50.8041,39.2157,31.6854,44.0454],"volumeParticipation":true,"latest":{"consensus":-5.5,"control":-2.3,"force":-6.5,"direction":-23.0,"confirmation":26.1,"persistence":25.0,"assessmentRisk":44.0,"intensity":7.7,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Broadly stable","forceState":"Commitment is limited","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-5.5","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-2.3","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-6.5","detail":"Commitment is limited","tone":"negative"},{"label":"SM Direction Gauge","value":"-23.0","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"26/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"45.0","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"19.3%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"10.9","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"47%","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 is rotating through its trend references.","series":[{"label":"Close","values":[7.5429,4.9586,4.6087,4.2638,134.9623,40.6087,42.3382,39.7889,31.6712,51.4157,57.7939,53.4751,43.6078,42.0283,55.0746,61.2729,50.4859,56.6342,52.4554,49.8361,50.3959,46.637,40.2188,34.3904,25.9927,33.1108,34.0505,34.86,31.36,28.31,31.19,30.06,31.16,28.8,25.1,20.47,20.96,20.13,18.98,18.88,20.54,20.94,18.39,19.45,21.28,22.95,22.14,21.88,22.17,19.87,18.88,19.27,15.9,16.11,16.14,13.56,14.36,14.98,15.69,15.79,17.28,18.82,18.08],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,29.6078,31.608,33.5589,34.6916,34.1425,37.283,41.0123,43.2782,43.3382,43.1,45.2772,48.1855,48.6038,50.0638,50.4987,50.3782,50.3814,49.7006,47.9766,45.5064,41.9585,40.3498,39.2045,38.4146,37.1319,35.5279,34.7392,33.8885,33.3924,32.5574,31.2015,29.2503,27.743,26.3588,25.0172,23.9014,23.2902,22.8629,22.0496,21.577,21.523,21.7824,21.8474,21.8534,21.9109,21.5399,21.0562,20.7315,19.853,19.1725,18.6211,17.7009,17.0935,16.7092,16.5239,16.3905,16.5522,16.9645,17.1673],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,29.9236,30.8202,32.6168,34.7395,35.9059,37.4413,38.5535,39.3892,40.2045,40.681,40.6468,40.1833,39.1322,38.6862,38.3428,38.0848,37.5867,36.8995,36.4766,36.0013,35.6427,35.1358,34.3924,33.3611,32.4425,31.5305,30.6008,29.7326,29.0517,28.4508,27.7056,27.094,26.6634,26.3883,26.0736,25.763,25.4968,25.08,24.6208,24.2244,23.6078,23.0524,22.5404,21.8752,21.3185,20.849,20.4668,20.1204,19.91,19.8292,19.6997],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,110.7577,110.3251,109.044,106.6701,104.4083,103.6879,103.7582,102.534,101.9717,101.0253,99.9337,99.5018,98.0757,95.8241,92.9305,64.3268,64.7065,64.9455,65.1043,65.1318,65.0659,63.4656,62.3889,62.2288,62.2089,60.5668,57.3404,55.9543,52.6651,49.8848,47.1581,43.409,39.9773,38.027,37.0441,36.9629,35.9365,34.5583,32.7289,31.5647,30.9155,29.4806,28.0698,26.109,24.4459,23.7223,24.1935,24.2862,24.3006,24.3039,24.2856,24.0685,23.844,23.8285],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,-38.3259,-33.97,-30.1393,-27.1262,-24.542,-21.8027,-19.3317,-17.1343,-15.0237,-13.1319,-11.4514,-6.7342,-1.1403,4.6724,10.5786,28.2854,27.1558,26.0881,25.4364,25.3778,23.1331,22.073,20.8083,19.7236,18.4206,17.0653,16.2113,14.6449,14.2837,13.7164,13.3475,14.111,14.973,14.7404,14.2293,13.8392,13.8496,14.0367,14.5681,14.8133,14.6185,14.8224,15.1542,15.589,15.9831,15.8107,14.6485,13.8958,13.3664,13.0341,12.7434,12.6345,12.647,12.6315],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","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"]},{"key":"relative","eyebrow":"Relative leadership","title":"Strength versus the research benchmark","description":"Relative performance is separated from absolute price direction to reveal leadership and lagging pressure.","reason":"Selected because benchmark-relative leadership is strengthening, fading or diverging from price.","series":[{"label":"Relative 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,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,-49.6705,-57.5488,-57.4462,-57.9771,-63.9909,-59.6897,-57.7341,-54.1519,-52.7632,-48.242,-44.1661,-44.9339],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","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"]},{"key":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[0.0,-34.2611,-38.8999,-43.4725,0.0,-69.9111,-68.6296,-70.5185,-76.5333,-61.9037,-57.1778,-60.3778,-67.6889,-68.8593,-59.1926,-54.6,-62.5926,-58.037,-61.1333,-63.0741,-62.6593,-65.4444,-70.2,-74.5185,-80.7407,-75.4667,-74.7704,-74.1706,-76.7639,-79.0238,-76.8898,-77.7271,-76.9121,-78.6607,-81.4022,-84.8328,-84.4697,-85.0847,-85.9368,-86.0109,-84.7809,-84.4846,-86.374,-85.5886,-84.2326,-82.9953,-83.5954,-83.7881,-83.5732,-85.2774,-86.0109,-85.7219,-88.2189,-88.0633,-88.0411,-89.9528,-89.36,-88.9006,-88.3745,-88.3004,-87.1964,-86.0554,-86.6037],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,833.1771,642.7902,1105.8618,1255.4514,1154.1619,922.7433,885.6976,1191.6765,1337.0458,1084.0564,1228.2533,1130.2463,1068.816,1081.9462,993.7867,843.2592,706.5651,509.6132,676.5534,698.5933,717.5786,635.4924,8.915,19.995,15.6476,19.8796,10.8001,0.0,0.0,2.3937,0.0,0.0,0.0,8.7924,10.911,0.0,5.764,15.7151,24.7961,20.3915,18.9777,20.5546,8.0479,2.6645,4.7852,0.0,1.3208,1.5094,0.0,5.8997,10.472,15.708,16.4454,27.4336,38.7906,33.3333],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","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"]},{"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,215.1353,218.0985,249.5574,357.5478,176.4562,147.8279,100.0713,129.692,175.0951,136.3341,131.2304,158.2512,106.4563,76.1497,76.7225,94.6435,82.6735,124.1645,97.6735,116.387,101.7017,111.0179,54.6879,68.2863,97.6597,107.6842,74.2866,92.6676,140.3394,97.0715,60.9993,95.198,113.099,108.1669,124.9796,103.2553,93.5425,82.9326,121.9082,88.2763,70.4364,88.8999,96.1578,72.5902,64.9325,117.7533,83.3072,86.1104,113.2991,80.1,80.2045,94.5645,92.1829,104.5161,73.0605,66.8756],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,114.3509,89.7919,123.4937,135.0,121.3629,109.4641,101.4088,112.0747,127.2333,115.1561,126.9988,112.24,102.2779,109.6838,101.9257,91.8808,82.7284,68.7773,80.105,93.9832,106.3226,92.6319,86.0727,93.6434,82.9604,94.7332,86.6091,76.5007,65.0,74.486,68.6734,65.0,65.0,72.133,80.6029,73.564,79.9748,85.5294,93.7678,87.9248,83.3722,88.9899,82.8124,78.1505,82.2379,74.8192,80.0765,85.4727,78.5178,83.3672,88.2586,94.009,99.532,105.7459,109.9332,106.2113],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","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"]},{"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,39.1813,29.4977,26.1979,31.5158,27.0106,28.8811,29.4227,28.2404,29.8787,34.1002,39.154,50.87,39.0659,36.9143,35.1792,37.7836,40.0959,34.8062,34.6946,32.1519,33.3931,37.2862,45.2142,42.0493,41.2625,41.9614,40.3233,35.7663,33.8141,37.1509,33.55,29.3673,26.3529,25.9659,25.1224,23.6962,25.8141,25.8249,24.303,29.0753,27.5014,26.5425,31.5407,28.8748,26.6849,24.8503,24.1618,21.5472,19.3842,19.3132],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,411.6524,377.9581,352.7886,336.4085,322.9155,306.5039,291.591,280.2547,269.116,259.763,251.768,229.0367,204.7052,181.4028,159.1202,77.8329,81.7543,85.3695,87.6243,87.8449,95.0868,96.7811,99.9569,103.7315,108.616,112.071,111.8371,117.0253,114.6589,113.7349,111.76,101.8706,91.0067,88.2611,88.9924,91.0344,88.7272,84.4593,76.7948,72.2389,71.5821,66.1726,59.7614,50.4577,41.865,40.0257,49.1474,54.4253,58.0567,60.3667,62.3416,62.3053,61.3681,61.4206],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","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"]},{"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,11.2616,10.4946,10.8149,11.437,10.9336,10.9051,10.4251,9.7212,9.1037,8.2163,6.9153,5.3524,3.3969,2.394,1.6559,1.1233,0.414,-0.3897,-0.7852,-1.1763,-1.3815,-1.7148,-2.2516,-3.0158,-3.5411,-3.9785,-4.3676,-4.6307,-4.6516,-4.583,-4.6805,-4.619,-4.3722,-3.9958,-3.7199,-3.4822,-3.2331,-3.1845,-3.1892,-3.1254,-3.3086,-3.3977,-3.4264,-3.6156,-3.6589,-3.6016,-3.4591,-3.3,-3.0189,-2.6414,-2.3746],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,11.0883,11.0517,10.9264,10.6853,10.369,9.9385,9.3338,8.5375,7.5094,6.4863,5.5202,4.6408,3.7955,2.9584,2.2097,1.5325,0.9497,0.4168,-0.1169,-0.6967,-1.2655,-1.8081,-2.32,-2.7822,-3.156,-3.4414,-3.6892,-3.8752,-3.9746,-3.9788,-3.927,-3.8381,-3.7171,-3.6106,-3.5263,-3.4461,-3.4186,-3.4144,-3.4168,-3.4566,-3.4971,-3.518,-3.5062,-3.4649,-3.3757,-3.2289,-3.058],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.1547,-0.1466,-0.5013,-0.9641,-1.2653,-1.7222,-2.4185,-3.1852,-4.1125,-4.0924,-3.8644,-3.5176,-3.3815,-3.3481,-2.9949,-2.7088,-2.3312,-2.1316,-2.1347,-2.3191,-2.2756,-2.1704,-2.0476,-1.8485,-1.4955,-1.1416,-0.9913,-0.7438,-0.3976,-0.0169,0.2071,0.3559,0.484,0.426,0.3371,0.3207,0.11,0.0167,-0.0096,-0.1591,-0.1618,-0.0837,0.0471,0.165,0.3569,0.5875,0.6834],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","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"]}]},"canonical_url":"https://sharemaestro.com/terminal/02707508-a785-48e9-9537-3bc6692e2be4/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/02707508-a785-48e9-9537-3bc6692e2be4/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/02707508-a785-48e9-9537-3bc6692e2be4/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/02707508-a785-48e9-9537-3bc6692e2be4/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/02707508-a785-48e9-9537-3bc6692e2be4/technical-pack/data.json"},"source_fingerprint":"f323fc65475bee0c40bc538eebb5c06994fdec3ff1303a87955e0b4cae586cbb","content_hash":"1737d64f659c1b4d7811b8933e8ee47dc0217becc1039ca9fdd5a535c61e0ffe","citation":"Sharemaestro, BMNR Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/02707508-a785-48e9-9537-3bc6692e2be4/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."}