{"schema_version":"1.0","name":"AN13 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"0a8914c2-c49d-424e-b20a-5e1760567946","symbol":"AN13","name":"AMUNDI EURO DEFENSE UCITS ETF","exchange":"VIE","country":"AT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","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, Directional strength and control, Range position and boundary pressure, Drawdown and recovery 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":48,"displayedObservations":48,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","evidenceAlignment":{"status":"Evidence aligned","headline":"Upward price structure retains strong Market Dynamics support","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","take":"The advance remains supported. Reclassify it only if the broader Market Dynamics path weakens or price structure breaks.","tone":"positive","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[-0.354292,-0.51197,-0.595397,-0.795431,-0.904452,-0.994484,-0.956837,-0.857524,-0.794157,-0.655806,-0.545136,-0.577616,-0.388285,-0.242398,-0.068369,0.192207,0.227635,0.32863,0.40511,0.419921],"opens":[6.066,5.985,6.101,5.571,5.696,5.53,5.136,5.671,5.62,5.679,5.778,5.516,6.059,5.782,5.629,5.712,6.037,6.213,6.447,6.69],"highs":[6.204,6.222,6.101,5.633,5.929,5.53,5.598,5.9,5.62,5.711,5.778,5.516,6.059,5.782,5.702,5.983,6.218,6.515,6.642,6.736],"lows":[5.936,5.977,5.535,5.491,5.515,5.173,5.136,5.663,5.61,5.615,5.755,5.437,6.01,5.731,5.629,5.667,5.97,6.213,6.446,6.236],"closes":[6.009,6.167,5.535,5.615,5.515,5.173,5.598,5.886,5.61,5.648,5.755,5.437,6.052,5.74,5.702,5.895,6.113,6.449,6.624,6.245],"hoverRows":[[{"label":"Open","value":"6.07","className":"is-ohlc","compact":true},{"label":"High","value":"6.20","className":"is-ohlc","compact":true},{"label":"Low","value":"5.94","className":"is-ohlc","compact":true},{"label":"Close","value":"6.01","className":"is-ohlc","compact":true},{"label":"Market 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strengthening","fourWeekDirection":"strengthening","now":{"label":"Slightly stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"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":"Sustained positive support","detail":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","annotations":[{"label":"Current tape relationship","value":"Sustained positive support","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"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":"Supported","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":20,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-08-07","price":6.449}],"reversal_dangers":[{"date":"2026-08-14","price":6.624}]}},"smTape":{"available":true,"dates":["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":[6.18,6.36,6.106,5.732,5.978,5.943,5.822,5.793,5.416,5.405,5.511,5.552,5.61,5.635,5.778,6.537,6.58,6.447,6.242,6.046,6.193,6.542,6.326,6.199,6.25,5.894,5.587,6.093,6.009,6.167,5.535,5.615,5.515,5.173,5.598,5.886,5.61,5.648,5.755,5.437,6.052,5.74,5.702,5.895,6.113,6.449,6.624,6.245],"consensus":[69.6,41.2371,-100.0,-52.0874,-31.3584,-38.1538,-55.4365,-28.8346,-83.8139,-36.2209,0.0,-25.6809,9.5491,0.0,48.6549,88.3523,51.7249,17.8224,0.0,-33.6137,23.9303,68.4018,-9.3437,-15.1611,19.7516,-50.9387,-65.3927,34.2196,-20.5791,29.4883,-53.6804,-15.1049,-46.3025,-67.3217,18.8019,37.3053,-31.2126,0.0,0.0,-52.5261,50.9944,-17.5636,0.0,39.98,34.9614,63.3529,60.5843,14.2299],"supportDates":["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,null,null,-31.7154,-55.4616,-37.3136,-78.3855,-19.1464,0.0,-20.5049,7.607,0.0,37.3699,87.3824,45.6831,3.3552,0.0,-24.4313,36.099,72.8053,-11.5885,-19.4044,16.6721,-51.9526,-65.7528,39.3845,-17.2883,31.4751,-66.0773,-3.4119,-47.0401,-76.6236,29.4357,42.877,-49.8387,0.0,0.0,-62.4942,59.8175,-31.1138,0.0,33.9944,41.7144,66.7206,67.7768,25.7166],"force":[69.6,41.2371,-100.0,-52.0874,-23.2852,-20.6957,-40.3016,-11.7059,-98.5756,-5.4235,0.0,-14.1372,35.91,0.0,88.127,99.4729,33.2984,28.1827,0.0,-78.0535,31.6663,87.6543,-65.2497,-56.8357,29.4234,-60.2499,-77.3321,81.3587,-26.8728,35.2388,-55.2753,-14.6478,-37.0476,-58.7907,51.5525,50.9589,-29.8286,0.0,0.0,-48.3078,46.1857,-29.03,0.0,57.8625,25.4915,61.6032,42.6236,75.3271],"direction":[null,null,null,null,-70.3896,-57.9819,-66.2185,-31.3791,-79.4738,-77.7327,0.0,-60.0378,7.0606,0.0,33.3577,81.5176,71.7916,67.2172,0.0,-12.3651,4.4975,49.6175,-33.1545,-19.456,16.3625,-43.1292,-56.4529,5.3539,-19.8446,23.11,-38.3732,-49.7204,-52.0702,-62.7845,16.7444,21.1851,-10.9143,0.0,0.0,-44.147,44.3456,-6.1125,0.0,34.0476,34.008,60.7538,65.1934,42.5386],"intensity":[null,null,null,null,50.0,20.0,33.3333,28.5714,87.5,100.0,30.0,54.5455,25.0,61.5385,42.8571,100.0,87.5,41.1765,61.1111,73.6842,35.0,76.1905,40.9091,43.4783,8.3333,80.0,84.6154,96.2963,85.7143,31.0345,96.6667,90.3226,62.5,78.7879,82.3529,94.2857,55.5556,10.8108,21.0526,61.5385,95.0,58.5366,14.2857,55.814,59.0909,64.4444,41.3043,72.3404],"confirmation":[44.9387,35.8625,54.6667,39.3346,14.988,79.7753,85.278,76.5759,95.3531,56.2456,36.954,32.7659,28.0616,2.8375,84.9445,96.6264,84.0825,10.5339,37.183,80.2507,53.0414,90.4082,34.3992,32.8743,74.6622,84.5687,89.284,58.7837,74.8273,77.5812,85.0374,7.2299,82.5235,89.1412,33.0915,80.2689,77.662,3.2459,2.7179,84.5279,84.0372,52.4007,48.5928,81.4298,78.7962,88.1683,86.73,45.9821],"persistence":[null,null,33.3333,0.0,20.0,33.3333,42.8571,50.0,75.0,100.0,87.5,87.5,62.5,50.0,25.0,0.0,25.0,50.0,50.0,50.0,50.0,62.5,37.5,12.5,12.5,12.5,25.0,0.0,25.0,25.0,25.0,25.0,50.0,50.0,25.0,25.0,25.0,37.5,25.0,25.0,0.0,0.0,12.5,12.5,12.5,25.0,37.5,37.5],"assessmentRisk":[null,null,null,null,16.1966,27.9322,15.2089,28.9074,7.5082,31.3255,42.3831,29.0569,33.4491,42.8357,20.5487,5.7532,24.1013,40.9597,49.9963,31.0775,57.2254,15.5013,20.634,34.1028,0.9552,23.5474,16.6487,32.9648,27.5645,25.2547,18.1258,38.6785,23.5503,16.2146,0.742,16.0037,29.8963,44.9657,23.5871,18.3704,18.1876,22.0805,10.9345,25.9453,7.2519,17.4311,19.5797,48.9307],"volumeParticipation":true,"latest":{"consensus":14.2,"control":25.7,"force":75.3,"direction":42.5,"confirmation":46.0,"persistence":37.5,"assessmentRisk":48.9,"intensity":72.3,"evidenceDepth":100},"analysis":{"status":"Joint upward confirmation","headline":"The gauges support the upward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same upward assessment.","take":"Current assessment: upward pressure has broad support.","tone":"positive","supportedView":"Price structure and Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Broadly stable","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Present","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+14.2","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+25.7","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+75.3","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+42.5","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"46/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"55.5","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"5.2%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"15.4","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"69%","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":[6.18,6.36,6.106,5.732,5.978,5.943,5.822,5.793,5.416,5.405,5.511,5.552,5.61,5.635,5.778,6.537,6.58,6.447,6.242,6.046,6.193,6.542,6.326,6.199,6.25,5.894,5.587,6.093,6.009,6.167,5.535,5.615,5.515,5.173,5.598,5.886,5.61,5.648,5.755,5.437,6.052,5.74,5.702,5.895,6.113,6.449,6.624,6.245],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,6.0855,6.0596,6.0164,5.9758,5.874,5.7887,5.7382,5.7044,5.6872,5.6777,5.696,5.8489,5.9818,6.0664,6.0983,6.0888,6.1077,6.1867,6.212,6.2097,6.217,6.1583,6.0544,6.0614,6.0519,6.0728,5.975,5.9096,5.8378,5.717,5.6953,5.73,5.7082,5.6972,5.7077,5.6585,5.7301,5.7319,5.7264,5.7571,5.8218,5.9358,6.061,6.0944],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,5.8971,5.8777,5.8703,5.9197,5.9686,6.004,6.0216,6.0235,6.036,6.0735,6.0922,6.1001,6.1112,6.0951,6.0575,6.0601,6.0563,6.0645,6.0253,5.9949,5.9594,5.9011,5.8787,5.8792,5.8593,5.8436,5.837,5.8074,5.8255,5.8192,5.8105,5.8168,5.8387,5.8839,5.9387,5.9614],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,6.4595,6.4369,6.4093,6.3807,6.3542,6.3344,6.4762,6.5928,6.6515,6.6643,6.6534,6.6549,6.6895,6.7161,6.7393,6.7621,6.7606,6.7656,6.7774,6.7613,6.7448,6.7423,6.7365,6.7457,6.8044,6.8114,6.7448,6.6634,6.596,6.5567,6.5485,6.5303,6.4117,6.3323,6.2856,6.2561,6.3664,6.5162,6.5385],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,5.2875,5.2442,5.2237,5.2206,5.2234,5.2418,5.1936,5.1646,5.169,5.1912,5.2139,5.2137,5.1973,5.1927,5.2162,5.2206,5.2172,5.1887,5.2069,5.2823,5.375,5.3799,5.392,5.3733,5.2684,5.2434,5.2449,5.2293,5.2168,5.2074,5.1547,5.1588,5.1972,5.2142,5.2305,5.2463,5.1915,5.1454,5.1383],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,0.0,159.6317,408.4668,165.0774,480.9229,33.5059,0.0,141.4487,95.9581,175.1637,44.3461,251.5695,245.5899,64.3996,92.366,137.6753,515.0155,146.89,20.4828,79.8585,158.7151,54.0735,0.0,0.0,68.5596,0.0,22.8248,4.4642,32.5069,0.0,73.0904,0.0,0.0,3.9195,0.0,0.0,20.7709,0.0,5.7143,0.0,0.0315],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,65.0,65.0,65.0,71.3535,99.6684,101.5375,101.5375,109.0881,114.1967,123.9816,121.5829,106.7241,91.0148,95.2601,101.6282,91.5345,65.0,74.2061,72.9291,67.9683,78.6775,74.9906,74.9906,74.9906,78.7769,78.7769,77.5148,77.752,79.4572,79.4572,83.1588,83.1588,83.1588,83.3166,83.3166,83.3166,83.7436,83.7436,83.8314,83.8314,83.8311],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,-0.1713,-0.1658,-0.1483,-0.0723,-0.0085,0.031,0.0452,0.0402,0.0475,0.0806,0.0883,0.0833,0.0824,0.0524,0.0038,0.0061,0.001,0.0097,-0.034,-0.0615,-0.0903,-0.1392,-0.1419,-0.1195,-0.1226,-0.1206,-0.1091,-0.1242,-0.0856,-0.0793,-0.0764,-0.0579,-0.0254,0.0272,0.0821,0.0939],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.1194,-0.0893,-0.0624,-0.0419,-0.024,-0.0031,0.0152,0.0288,0.0395,0.0421,0.0344,0.0288,0.0232,0.0205,0.0096,-0.0046,-0.0218,-0.0452,-0.0646,-0.0756,-0.085,-0.0921,-0.0955,-0.1012,-0.0981,-0.0943,-0.0908,-0.0842,-0.0724,-0.0525,-0.0256,-0.0017],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.1109,0.1203,0.1076,0.0821,0.0715,0.0837,0.0731,0.0545,0.0429,0.0103,-0.0306,-0.0227,-0.0222,-0.0108,-0.0436,-0.0569,-0.0686,-0.0939,-0.0774,-0.0439,-0.0376,-0.0285,-0.0136,-0.023,0.0125,0.0151,0.0143,0.0263,0.0471,0.0797,0.1077,0.0956],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,23.0991,22.461,21.6643,20.8449,21.4265,22.0779,21.4037,21.6874,21.6797,20.5743,19.7042,18.5759,17.2924,17.0923,16.5078,15.4827,14.7997,14.0946,14.0134,14.579,15.3569,15.41],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,12.3414,15.568,35.0738,36.4783,32.4782,30.0776,26.9865,25.5336,31.981,29.6894,26.6757,23.5338,20.5841,18.5065,19.202,19.1242,18.4645,15.9782,15.474,20.524,18.9387,18.5285,23.7456,22.3378,23.8849,24.7332,22.8839,31.6487,29.4236,28.6729,33.0439,35.9806,39.3984,40.5466,36.067],"stroke":"#07865c","width":1.6},{"label":"Negative 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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,13.931,0.0,11.0721,21.7617,25.3022,30.3109,32.4698,44.8187,100.0,96.4938,82.5,68.2639,54.6528,64.8611,89.0972,74.0972,65.2778,68.8194,44.0972,22.7778,57.9167,52.0833,63.0556,19.1667,24.7222,17.7778,0.0,29.5585,47.9846,30.3263,32.7575,39.6033,19.2578,58.6052,38.6436,36.2124,53.9829,69.4879,93.3855,98.8048,69.3125],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-9.7242,-15.5992,-15.7706,-14.1187,-13.4798,-12.576,-12.1864,-9.9579,0.0,-0.7242,-3.7618,-6.8219,-9.7477,-7.5534,-2.3436,-5.568,-7.4638,-6.7025,-12.0167,-16.5995,-9.0461,-10.3,-7.9415,-17.3757,-16.1815,-17.6743,-22.7795,-16.4353,-12.1361,-16.2562,-15.6889,-14.0917,-18.8386,-9.6582,-14.3156,-14.8828,-9.8899,-6.5576,-1.4216,-0.271,-7.2892],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,1.7744,0.0,2.3868,4.7918,5.5714,6.6743,7.1496,9.8688,24.3012,25.1188,22.5898,18.6918,14.9648,17.76,24.3963,20.289,17.8741,18.8439,12.0745,6.2369,15.8585,14.2613,17.2656,5.2481,6.7693,4.8678,0.0,8.9953,14.6028,9.229,9.9688,12.0522,5.8606,17.8349,11.7601,11.0202,14.778,19.0226,25.5646,28.972,21.5927],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"drawdown","eyebrow":"Path risk","title":"Drawdown 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