{"schema_version":"1.0","name":"DLO Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"0d6b0adf-8d61-417a-a4e9-4eb069afb308","symbol":"DLO","name":"Dlocal Ltd","exchange":"NASDAQ","country":"US","asset_type":"equity","currency":"USD","sector":"Technology","industry":"Software - Infrastructure"},"summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure remains intact, but its underlying support has weakened.","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, Drawdown and recovery pressure, Strength versus the research benchmark, Acceleration, deceleration and rollover, Range position and boundary pressure, Activity pressure and cumulative balance."},{"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":260,"displayedObservations":104,"assetType":"Equity","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure remains intact, but its underlying support has weakened.","evidenceAlignment":{"status":"Confirmation weakening","headline":"Upward price structure remains intact, but support is fading","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure remains intact, but its underlying support has weakened.","take":"Treat the advance as conditional. Renewed Market Dynamics would restore confirmation; continued contraction would increase rollover risk.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","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"],"values":[-0.265407,0.155856,0.384296,0.42429,0.422924,0.45469,0.489433,0.622627,0.707298,0.706608,0.673062,0.555917,0.774545,1.021119,1.276818,1.480126,1.393965,1.374061,1.342483,1.331425,1.270256,1.206829,1.218329,1.232301,1.316051,1.365418,1.28293,0.824576,0.261208,-0.357581,-0.851107,-0.990006,-1.04894,-1.013109,-1.005905,-0.944452,-0.861727,-0.817696,-0.45523,-0.191888,0.121259,0.467316,0.468258,0.612282,0.764745,0.821696,0.882194,0.830764,0.695382,0.503402,0.404913,0.641595,0.842357,1.106463,1.317389,1.190417,1.181018,1.154789,1.037593,0.905112,0.820617,0.71714,0.606909,0.398055,0.107078,-0.290231,-0.616209,-0.808347,-0.904737,-0.808916,-0.751635,-0.655905,-0.587641,-0.553429,-0.474783,-0.580721,-0.783574,-1.070572,-1.198362,-1.254835,-1.361406,-1.389351,-1.437417,-1.374738,-1.12498,-0.813773,-0.430673,-0.048732,0.213943,0.514152,0.374722,0.36547,0.172619,-0.071073,0.066993,0.043572,0.277561,0.662606,0.918136,1.078505,1.118813,1.030223,0.828471,0.742069],"opens":[7.868598,8.065782,8.262966,7.981274,8.028223,7.624464,7.605685,8.300525,8.723063,8.197238,8.347474,7.887377,7.906156,9.248889,10.422605,11.173784,11.248902,11.079887,10.788805,10.732467,10.835754,10.375657,11.173784,11.173784,12.075199,12.093978,12.892106,11.868624,9.01884,8.338084,8.159679,9.061094,7.981274,7.201926,8.563438,8.103341,8.713674,8.309915,9.023535,10.910872,11.024283,10.562069,10.562069,9.834329,10.060518,11.466827,11.270141,10.817762,10.83743,10.670247,9.952341,10.886602,15.24321,14.397457,13.95983,13.276344,13.669717,14.761327,14.505635,14.112262,13.384521,14.879339,15.459565,14.574475,13.640214,13.374687,12.509266,13.020651,13.089492,13.984415,14.092593,13.76806,13.925409,14.06309,13.541871,14.141765,13.138663,12.922308,11.702851,13.059989,11.663514,11.240638,11.348815,12.184733,12.066721,12.637112,12.882971,13.276344,13.551705,13.453362,13.374687,10.552235,11.988047,11.86,11.22,12.5,12.78,12.56,14.79,15.22,14.41,14.72,15.265,14.31],"highs":[8.328695,8.666725,8.286441,8.300525,8.309915,7.812259,8.281746,8.85452,8.798181,8.605692,8.535269,8.169069,11.061107,10.403826,10.892092,11.220733,11.342799,12.835767,11.088713,11.108056,11.417917,11.211343,11.483645,12.826377,12.638583,12.826377,13.394269,13.234267,9.55875,8.429165,8.92344,9.20194,8.234797,8.408507,8.618837,8.793486,8.788792,8.779402,11.812286,11.237634,11.112791,10.730138,10.611241,10.208033,11.397987,11.506165,11.584839,11.181632,11.093024,10.975111,10.83743,16.167636,15.439896,14.879339,14.092396,13.984415,15.01702,15.31205,14.731824,14.94818,16.502004,15.508736,15.616914,14.574475,14.938345,13.718889,13.374687,13.659883,14.220439,14.436795,14.245025,14.205688,15.292381,14.633481,14.299114,14.594144,13.728723,13.246841,13.266509,13.069823,12.356637,11.968378,13.148498,13.276344,12.981314,13.296012,13.758226,13.561539,13.884597,14.249942,13.448445,12.162606,12.066721,12.24,12.55,12.99,12.975,15.43,15.51,15.3699,14.95,15.44,15.65,15.3],"lows":[7.807564,7.953105,7.831039,7.624464,7.643244,7.408501,7.370942,8.187849,8.117426,7.937143,7.887377,7.652634,7.859208,9.220813,10.328708,10.150303,10.727772,10.405328,10.694908,10.422605,10.413216,9.859221,10.845143,11.145615,11.887404,12.047029,10.96721,8.610387,8.206628,7.708972,8.126815,7.807564,7.230096,7.145588,8.023528,8.086909,8.225407,8.140994,8.643251,10.563451,10.385051,9.834329,9.588471,9.627808,9.755654,10.773507,10.689915,10.552235,10.453891,9.647476,9.942506,10.345714,13.787729,13.905741,12.391254,13.000983,13.463196,13.76806,13.404682,13.36977,13.296012,14.220439,14.3237,12.843633,13.079657,11.958544,12.440426,12.81413,13.069823,13.325515,13.787729,13.728723,13.901807,13.679551,13.050154,13.14358,12.206172,11.643845,11.481579,11.978212,11.152129,11.034117,10.975111,11.752023,11.79136,12.273242,12.843633,12.784627,13.012489,12.991148,10.793176,10.463726,11.435,11.18,11.13,12.45,11.945,12.545,13.895,13.83,13.9,14.37,14.225,13.812],"closes":[8.000054,8.375643,7.934326,8.028223,7.662023,7.483618,8.262966,8.723063,8.187849,8.291136,7.887377,7.887377,9.286447,10.281759,10.741856,11.145615,11.014159,10.788805,10.798195,10.770026,10.549367,11.089276,11.342799,12.39445,11.971912,12.572855,11.831066,8.971891,8.507099,8.093951,8.863909,7.821649,7.596295,8.342779,8.169069,8.713674,8.394423,8.647946,11.047023,10.572841,10.680081,10.316211,9.647476,10.031015,11.289809,11.260306,10.798093,10.69975,10.650578,9.844163,10.788259,15.400559,14.377789,14.220439,13.197669,13.502533,14.741659,14.308948,13.807398,13.384521,14.859671,14.879339,14.407292,13.364853,13.453362,12.430592,13.217338,13.069823,13.895906,14.004084,13.876238,13.836901,14.092593,13.817232,14.151599,13.237006,12.961645,11.771691,13.168166,12.037218,11.417656,11.152129,11.938875,12.066721,12.646947,12.902639,13.453362,13.532036,13.522202,13.47303,10.827596,11.8602,11.86,11.24,12.25,12.79,12.69,14.88,15.19,14.48,14.49,15.08,14.405,14.17],"pressureRange":[-1.730105,1.730105],"priceRange":[6.71366,20.291216],"zones":{"accumulationBoundary":0.0665,"distributionBoundary":0.9335},"latest":0.742069,"state":"Positive but weakening over four weeks","context":{"scenario":"positiveWeakening","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted 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":"Positive support is weakening","detail":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","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 above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","annotations":[{"label":"Current tape relationship","value":"Positive support is weakening","detail":"Market Dynamics eased this week but remains positive.","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":"30 May 2025","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":244,"relationship":{"sameWeekCorrelation":0.27,"forwardCorrelation":0.04,"directionalAgreement":42.2,"sample":237,"correlationSample":243,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"averageWeeksInZone":4.0,"medianWeeksInZone":1,"averageWeeksToHigher":4.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"medianReturn":10.5,"averageReturn":6.9,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":44.2,"averageReturn":34.3,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":46.5,"averageReturn":44.3,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":4.5,"sample":3},{"week":2,"averageReturn":5.5,"sample":3},{"week":3,"averageReturn":8.0,"sample":3},{"week":4,"averageReturn":6.9,"sample":3},{"week":5,"averageReturn":6.3,"sample":3},{"week":6,"averageReturn":15.9,"sample":3},{"week":7,"averageReturn":19.8,"sample":3},{"week":8,"averageReturn":22.1,"sample":3},{"week":9,"averageReturn":24.3,"sample":3},{"week":10,"averageReturn":26.4,"sample":3},{"week":11,"averageReturn":28.1,"sample":3},{"week":12,"averageReturn":34.3,"sample":3},{"week":13,"averageReturn":32.3,"sample":3},{"week":14,"averageReturn":30.5,"sample":3},{"week":15,"averageReturn":27.5,"sample":3},{"week":16,"averageReturn":28.9,"sample":3},{"week":17,"averageReturn":29.9,"sample":3},{"week":18,"averageReturn":40.8,"sample":3},{"week":19,"averageReturn":56.8,"sample":3},{"week":20,"averageReturn":55.4,"sample":3},{"week":21,"averageReturn":49.7,"sample":3},{"week":22,"averageReturn":32.4,"sample":3},{"week":23,"averageReturn":37.8,"sample":3},{"week":24,"averageReturn":45.8,"sample":3},{"week":25,"averageReturn":49.3,"sample":3},{"week":26,"averageReturn":44.3,"sample":3}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":2.0,"medianWeeksInZone":2,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-11.3,"averageReturn":-11.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-19.3,"averageReturn":-19.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-22.5,"averageReturn":-22.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-3.1,"sample":1},{"week":2,"averageReturn":-6.1,"sample":1},{"week":3,"averageReturn":-12.7,"sample":1},{"week":4,"averageReturn":-11.3,"sample":1},{"week":5,"averageReturn":-14.7,"sample":1},{"week":6,"averageReturn":-15.1,"sample":1},{"week":7,"averageReturn":-16.6,"sample":1},{"week":8,"averageReturn":-21.2,"sample":1},{"week":9,"averageReturn":-14.9,"sample":1},{"week":10,"averageReturn":-17.4,"sample":1},{"week":11,"averageReturn":-12.7,"sample":1},{"week":12,"averageReturn":-19.3,"sample":1},{"week":13,"averageReturn":-17.5,"sample":1},{"week":14,"averageReturn":-21.4,"sample":1},{"week":15,"averageReturn":-24.6,"sample":1},{"week":16,"averageReturn":-17.8,"sample":1},{"week":17,"averageReturn":-18.1,"sample":1},{"week":18,"averageReturn":-18.2,"sample":1},{"week":19,"averageReturn":-17.6,"sample":1},{"week":20,"averageReturn":-20.0,"sample":1},{"week":21,"averageReturn":-21.1,"sample":1},{"week":22,"averageReturn":-23.6,"sample":1},{"week":23,"averageReturn":-22.0,"sample":1},{"week":24,"averageReturn":-24.2,"sample":1},{"week":25,"averageReturn":-24.3,"sample":1},{"week":26,"averageReturn":-22.5,"sample":1}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":21,"completedEpisodes":20,"activeEpisodes":1,"medianExpectedMove":11.2,"averageExpectedMove":15.8,"averageWeeksToLargestMove":6.4,"horizons":[{"weeks":4,"sample":21,"expectedCount":8,"expectedPercent":38.1,"averageReturn":-1.8,"medianReturn":-5.7,"confidenceLow":20.8,"confidenceHigh":59.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":20,"expectedCount":7,"expectedPercent":35.0,"averageReturn":-0.6,"medianReturn":-7.4,"confidenceLow":18.1,"confidenceHigh":56.7,"confidence":"Mixed historical record"},{"weeks":26,"sample":19,"expectedCount":7,"expectedPercent":36.8,"averageReturn":-7.8,"medianReturn":-9.5,"confidenceLow":19.1,"confidenceHigh":59.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.8,"sample":21},{"week":2,"averageReturn":-4.6,"sample":21},{"week":3,"averageReturn":-4.4,"sample":21},{"week":4,"averageReturn":-1.8,"sample":21},{"week":5,"averageReturn":-4.4,"sample":21},{"week":6,"averageReturn":-3.9,"sample":21},{"week":7,"averageReturn":-2.7,"sample":21},{"week":8,"averageReturn":-2.4,"sample":21},{"week":9,"averageReturn":-1.0,"sample":21},{"week":10,"averageReturn":-2.9,"sample":20},{"week":11,"averageReturn":-1.2,"sample":20},{"week":12,"averageReturn":-0.6,"sample":20},{"week":13,"averageReturn":1.5,"sample":20},{"week":14,"averageReturn":0.0,"sample":20},{"week":15,"averageReturn":-0.8,"sample":20},{"week":16,"averageReturn":-1.8,"sample":19},{"week":17,"averageReturn":-1.7,"sample":19},{"week":18,"averageReturn":-1.1,"sample":19},{"week":19,"averageReturn":-5.2,"sample":19},{"week":20,"averageReturn":-4.9,"sample":19},{"week":21,"averageReturn":-5.8,"sample":19},{"week":22,"averageReturn":-5.0,"sample":19},{"week":23,"averageReturn":-4.6,"sample":19},{"week":24,"averageReturn":-5.2,"sample":19},{"week":25,"averageReturn":-6.5,"sample":19},{"week":26,"averageReturn":-7.8,"sample":19}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":20,"completedEpisodes":19,"activeEpisodes":1,"medianExpectedMove":13.5,"averageExpectedMove":17.1,"averageWeeksToLargestMove":5.7,"horizons":[{"weeks":4,"sample":20,"expectedCount":10,"expectedPercent":50.0,"averageReturn":2.7,"medianReturn":1.2,"confidenceLow":29.9,"confidenceHigh":70.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":19,"expectedCount":10,"expectedPercent":52.6,"averageReturn":2.1,"medianReturn":-2.9,"confidenceLow":31.7,"confidenceHigh":72.7,"confidence":"Mixed historical record"},{"weeks":26,"sample":19,"expectedCount":11,"expectedPercent":57.9,"averageReturn":-1.2,"medianReturn":-4.6,"confidenceLow":36.3,"confidenceHigh":76.9,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.7,"sample":20},{"week":2,"averageReturn":-2.0,"sample":20},{"week":3,"averageReturn":0.7,"sample":20},{"week":4,"averageReturn":2.7,"sample":20},{"week":5,"averageReturn":2.3,"sample":20},{"week":6,"averageReturn":1.5,"sample":20},{"week":7,"averageReturn":1.5,"sample":20},{"week":8,"averageReturn":-1.2,"sample":20},{"week":9,"averageReturn":1.0,"sample":20},{"week":10,"averageReturn":0.2,"sample":20},{"week":11,"averageReturn":0.3,"sample":19},{"week":12,"averageReturn":2.1,"sample":19},{"week":13,"averageReturn":2.3,"sample":19},{"week":14,"averageReturn":2.2,"sample":19},{"week":15,"averageReturn":-0.3,"sample":19},{"week":16,"averageReturn":2.4,"sample":19},{"week":17,"averageReturn":2.1,"sample":19},{"week":18,"averageReturn":3.8,"sample":19},{"week":19,"averageReturn":4.2,"sample":19},{"week":20,"averageReturn":-0.3,"sample":19},{"week":21,"averageReturn":0.1,"sample":19},{"week":22,"averageReturn":3.6,"sample":19},{"week":23,"averageReturn":3.7,"sample":19},{"week":24,"averageReturn":-0.0,"sample":19},{"week":25,"averageReturn":-1.1,"sample":19},{"week":26,"averageReturn":-1.2,"sample":19}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":18,"completedEpisodes":18,"activeEpisodes":0,"medianExpectedMove":14.4,"averageExpectedMove":17.8,"averageWeeksToLargestMove":6.2,"horizons":[{"weeks":4,"sample":18,"expectedCount":10,"expectedPercent":55.6,"averageReturn":-4.9,"medianReturn":-4.4,"confidenceLow":33.7,"confidenceHigh":75.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":9,"expectedPercent":50.0,"averageReturn":-1.8,"medianReturn":-0.7,"confidenceLow":29.0,"confidenceHigh":71.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":17,"expectedCount":10,"expectedPercent":58.8,"averageReturn":-2.8,"medianReturn":-7.8,"confidenceLow":36.0,"confidenceHigh":78.4,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-3.0,"sample":18},{"week":2,"averageReturn":-1.6,"sample":18},{"week":3,"averageReturn":-6.4,"sample":18},{"week":4,"averageReturn":-4.9,"sample":18},{"week":5,"averageReturn":-1.1,"sample":18},{"week":6,"averageReturn":-2.4,"sample":18},{"week":7,"averageReturn":-4.5,"sample":18},{"week":8,"averageReturn":-0.9,"sample":18},{"week":9,"averageReturn":-1.5,"sample":18},{"week":10,"averageReturn":0.6,"sample":18},{"week":11,"averageReturn":-1.4,"sample":18},{"week":12,"averageReturn":-1.8,"sample":18},{"week":13,"averageReturn":-2.9,"sample":18},{"week":14,"averageReturn":-2.5,"sample":18},{"week":15,"averageReturn":2.6,"sample":18},{"week":16,"averageReturn":2.2,"sample":18},{"week":17,"averageReturn":2.0,"sample":18},{"week":18,"averageReturn":4.1,"sample":18},{"week":19,"averageReturn":3.2,"sample":18},{"week":20,"averageReturn":2.1,"sample":18},{"week":21,"averageReturn":0.8,"sample":17},{"week":22,"averageReturn":-1.9,"sample":17},{"week":23,"averageReturn":-2.0,"sample":17},{"week":24,"averageReturn":-2.0,"sample":17},{"week":25,"averageReturn":-4.0,"sample":17},{"week":26,"averageReturn":-2.8,"sample":17}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":20,"completedEpisodes":19,"activeEpisodes":1,"medianExpectedMove":16.7,"averageExpectedMove":22.9,"averageWeeksToLargestMove":5.9,"horizons":[{"weeks":4,"sample":19,"expectedCount":10,"expectedPercent":52.6,"averageReturn":5.6,"medianReturn":2.6,"confidenceLow":31.7,"confidenceHigh":72.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":19,"expectedCount":9,"expectedPercent":47.4,"averageReturn":4.4,"medianReturn":-1.0,"confidenceLow":27.3,"confidenceHigh":68.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":18,"expectedCount":9,"expectedPercent":50.0,"averageReturn":-0.3,"medianReturn":-1.4,"confidenceLow":29.0,"confidenceHigh":71.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.4,"sample":20},{"week":2,"averageReturn":5.1,"sample":19},{"week":3,"averageReturn":8.4,"sample":19},{"week":4,"averageReturn":5.6,"sample":19},{"week":5,"averageReturn":6.5,"sample":19},{"week":6,"averageReturn":6.3,"sample":19},{"week":7,"averageReturn":5.6,"sample":19},{"week":8,"averageReturn":4.3,"sample":19},{"week":9,"averageReturn":7.2,"sample":19},{"week":10,"averageReturn":7.5,"sample":19},{"week":11,"averageReturn":8.6,"sample":19},{"week":12,"averageReturn":4.4,"sample":19},{"week":13,"averageReturn":6.2,"sample":19},{"week":14,"averageReturn":5.5,"sample":18},{"week":15,"averageReturn":3.8,"sample":18},{"week":16,"averageReturn":3.7,"sample":18},{"week":17,"averageReturn":-0.6,"sample":18},{"week":18,"averageReturn":-0.4,"sample":18},{"week":19,"averageReturn":5.5,"sample":18},{"week":20,"averageReturn":2.2,"sample":18},{"week":21,"averageReturn":2.6,"sample":18},{"week":22,"averageReturn":0.3,"sample":18},{"week":23,"averageReturn":-1.1,"sample":18},{"week":24,"averageReturn":1.2,"sample":18},{"week":25,"averageReturn":1.1,"sample":18},{"week":26,"averageReturn":-0.3,"sample":18}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"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,"sample":0},{"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}]},"currentApplication":{"status":"Confirmation weakening","tone":"caution","headline":"Market Dynamics remains positive but has weakened over four weeks","use":"The upward structure still has positive support, but renewed strength is needed to restore full confirmation.","confirm":"Treat the advance as conditional. Renewed Market Dynamics would restore confirmation; continued contraction would increase rollover risk.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"weakening","zone":"middle","zoneContext":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is upward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"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 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 3 cases. Distinct visits lasted 4.0 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."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 22.9% across 19 completed cases, with the largest move arriving after 5.9 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2024-08-30","price":8.375643},{"date":"2024-10-04","price":8.262966},{"date":"2025-05-30","price":10.680081}],"distribution_rollovers":[],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","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":[8.0001,8.3756,7.9343,8.0282,7.662,7.4836,8.263,8.7231,8.1878,8.2911,7.8874,7.8874,9.2864,10.2818,10.7419,11.1456,11.0142,10.7888,10.7982,10.77,10.5494,11.0893,11.3428,12.3945,11.9719,12.5729,11.8311,8.9719,8.5071,8.094,8.8639,7.8216,7.5963,8.3428,8.1691,8.7137,8.3944,8.6479,11.047,10.5728,10.6801,10.3162,9.6475,10.031,11.2898,11.2603,10.7981,10.6997,10.6506,9.8442,10.7883,15.4006,14.3778,14.2204,13.1977,13.5025,14.7417,14.3089,13.8074,13.3845,14.8597,14.8793,14.4073,13.3649,13.4534,12.4306,13.2173,13.0698,13.8959,14.0041,13.8762,13.8369,14.0926,13.8172,14.1516,13.237,12.9616,11.7717,13.1682,12.0372,11.4177,11.1521,11.9389,12.0667,12.6469,12.9026,13.4534,13.532,13.5222,13.473,10.8276,11.8602,11.86,11.24,12.25,12.79,12.69,14.88,15.19,14.48,14.49,15.08,14.405,14.17],"consensus":[0.0,24.5523,-12.9791,0.0,-29.0312,-29.3976,37.3509,43.6406,-13.3679,17.5345,-27.14,-11.0962,54.3616,71.1519,57.2041,57.8996,32.8882,12.3093,18.7115,16.8408,0.0,43.3832,38.137,61.7549,14.2341,55.1177,-10.2267,-64.1959,-51.8891,-44.0803,0.0,-62.5126,-40.5241,9.582,-33.3398,16.6458,-18.279,8.2312,63.7442,0.0,26.7992,13.8099,-31.4646,18.3801,60.3976,28.6795,0.0,0.0,0.0,-42.3396,37.767,73.8393,11.2271,29.1064,0.0,19.4735,59.9762,0.0,0.0,-15.0007,44.5896,21.912,0.0,-25.7318,-12.4559,-46.7575,8.2894,-13.0232,26.6521,17.8188,0.0,0.0,0.0,-11.3278,22.3409,-35.2695,-24.1082,-59.2489,18.1986,-51.4551,-46.0145,-39.1702,0.0,-9.8066,26.6378,21.6599,38.0938,32.0761,18.4845,10.7272,-67.8499,11.3088,-16.8631,-49.4105,31.9493,26.7421,10.9492,67.3553,47.9478,11.2785,27.213,37.0168,-14.0197,4.7953],"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":[6.7168,19.9518,0.0,28.6904,62.8797,0.0,0.0,-17.0429,41.2297,21.8896,0.0,-29.0165,-7.9985,-39.2263,21.2821,-13.2118,31.5012,14.0631,0.0,0.0,0.0,-13.1807,26.8862,-37.536,-17.5474,-58.9812,32.4043,-55.1825,-44.9852,-43.8757,0.0,-11.7938,21.6029,16.6881,34.359,33.227,15.5704,6.6625,-62.7045,17.9931,-8.7246,-47.3351,27.2201,26.113,8.9332,60.7636,46.7623,1.3591,21.7439,41.4796,-14.5587,4.5243],"force":[56.2496,3.5666,0.0,13.8563,76.8232,0.0,0.0,-44.0564,69.2462,4.726,0.0,-47.447,-10.0724,-66.3359,28.6098,-10.2884,37.9244,14.4066,0.0,0.0,0.0,-21.5409,28.7589,-48.8788,-22.3996,-68.2604,49.3003,-57.5689,-40.6251,-23.7996,0.0,-0.6488,51.2836,26.2602,49.1903,25.8101,7.4594,0.5304,-97.8056,65.0474,-6.229,-58.939,65.934,32.7802,2.2517,92.8388,35.9288,21.7104,11.6546,31.4173,-44.9617,21.6295],"direction":[64.5792,62.9067,0.0,12.9523,44.6243,0.0,0.0,-8.0874,30.8177,34.2134,0.0,-6.4671,-19.2525,-41.3802,21.0741,-14.761,13.0587,24.5484,0.0,0.0,0.0,-1.915,12.5621,-22.9582,-32.8268,-53.1181,20.2521,-42.8282,-51.0403,-44.7714,0.0,-14.0767,14.7879,24.056,34.4362,35.2364,29.6899,23.4137,-52.3336,34.7152,-33.7602,-44.9765,13.0793,23.1481,19.4657,56.6863,57.8877,46.1785,44.5764,35.9162,-8.6978,6.9195],"intensity":[96.1538,42.3077,84.6154,44.2308,75.0,25.0,40.3846,25.0,84.6154,61.5385,26.9231,78.8462,13.4615,73.0769,51.9231,15.3846,53.8462,7.6923,28.8462,1.9231,73.0769,42.3077,42.3077,61.5385,61.5385,76.9231,82.6923,75.0,53.8462,17.3077,76.9231,50.0,40.3846,32.6923,40.3846,7.6923,13.4615,15.3846,96.1538,86.5385,67.3077,44.2308,69.2308,86.5385,32.6923,94.2308,84.6154,46.1538,17.3077,38.4615,48.0769,17.3077],"confirmation":[13.6049,54.552,11.1112,73.9199,87.6616,7.5133,6.6459,30.0466,83.0713,51.8218,30.0339,54.1793,49.3145,83.6739,30.2364,72.0812,76.7983,73.6553,25.7837,24.6933,24.9989,49.2412,75.2754,79.6665,75.7625,87.2384,33.5421,84.5952,82.5761,79.9943,9.5194,48.1621,77.3519,75.1471,80.5851,78.0558,50.9568,25.9314,90.7033,35.2273,50.5295,84.1334,79.3316,76.7511,48.6027,90.4308,82.9951,7.3865,76.3173,79.6067,29.9433,34.1945],"persistence":[37.5,37.5,37.5,50.0,62.5,75.0,62.5,37.5,37.5,37.5,37.5,12.5,12.5,25.0,12.5,12.5,12.5,12.5,12.5,0.0,12.5,12.5,12.5,12.5,12.5,37.5,25.0,37.5,50.0,50.0,62.5,62.5,37.5,12.5,12.5,12.5,37.5,62.5,50.0,75.0,50.0,25.0,25.0,25.0,25.0,25.0,50.0,50.0,75.0,100.0,75.0,62.5],"assessmentRisk":[43.911,35.255,45.4158,53.3952,17.5511,0.8002,19.1682,3.3904,18.2847,7.5604,21.7749,12.2031,41.3287,26.4586,49.2432,12.0725,12.2205,39.9561,36.9021,38.8404,10.429,11.0122,11.9715,20.9031,36.6368,20.2596,54.0492,21.0742,25.6574,17.047,48.3623,6.9646,33.1929,38.2935,29.1546,31.9839,32.9772,28.1465,15.6575,53.0772,39.4144,24.7045,29.8444,25.4796,30.9506,16.2195,25.6403,40.199,32.9725,9.4027,23.5153,16.2169],"volumeParticipation":true,"latest":{"consensus":4.8,"control":4.5,"force":21.6,"direction":6.9,"confirmation":34.2,"persistence":62.5,"assessmentRisk":16.2,"intensity":17.3,"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":"Control support is limited","controlPath":"Broadly stable","forceState":"Upward commitment","forcePath":"Broadly stable","directionState":"Follow-through is limited","persistenceState":"Developing","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+4.8","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+4.5","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+21.6","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+6.9","detail":"Follow-through is limited","tone":"positive"},{"label":"SM Confirmation Gauge","value":"34/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"55.0","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"9.6%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"17.8","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"71%","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":[8.0001,8.3756,7.9343,8.0282,7.662,7.4836,8.263,8.7231,8.1878,8.2911,7.8874,7.8874,9.2864,10.2818,10.7419,11.1456,11.0142,10.7888,10.7982,10.77,10.5494,11.0893,11.3428,12.3945,11.9719,12.5729,11.8311,8.9719,8.5071,8.094,8.8639,7.8216,7.5963,8.3428,8.1691,8.7137,8.3944,8.6479,11.047,10.5728,10.6801,10.3162,9.6475,10.031,11.2898,11.2603,10.7981,10.6997,10.6506,9.8442,10.7883,15.4006,14.3778,14.2204,13.1977,13.5025,14.7417,14.3089,13.8074,13.3845,14.8597,14.8793,14.4073,13.3649,13.4534,12.4306,13.2173,13.0698,13.8959,14.0041,13.8762,13.8369,14.0926,13.8172,14.1516,13.237,12.9616,11.7717,13.1682,12.0372,11.4177,11.1521,11.9389,12.0667,12.6469,12.9026,13.4534,13.532,13.5222,13.473,10.8276,11.8602,11.86,11.24,12.25,12.79,12.69,14.88,15.19,14.48,14.49,15.08,14.405,14.17],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[7.8659,7.9586,7.9542,7.9677,7.9121,7.8342,7.9121,8.0596,8.0829,8.1208,8.0783,8.0436,8.2696,8.6354,9.0184,9.4052,9.6977,9.8961,10.0601,10.1892,10.2547,10.4064,10.5767,10.9072,11.1008,11.3684,11.4525,11.0015,10.548,10.1018,9.8767,9.5031,9.1564,9.0085,8.8558,8.83,8.7508,8.7321,9.153,9.4111,9.6419,9.7645,9.7432,9.7955,10.0672,10.2841,10.3776,10.4362,10.4751,10.3604,10.4382,11.3405,11.8927,12.3159,12.4762,12.6628,13.0408,13.2714,13.3688,13.3717,13.6422,13.8672,13.9654,13.8562,13.7829,13.5371,13.4789,13.4045,13.4939,13.5866,13.6393,13.6752,13.7511,13.7631,13.8338,13.7253,13.5864,13.2565,13.2404,13.0217,12.73,12.4431,12.3514,12.2997,12.3628,12.461,12.6414,12.8033,12.934,13.032,12.6312,12.491,12.3763,12.1697,12.1843,12.2944,12.3664,12.8234,13.2537,13.4766,13.6609,13.9189,14.0073,14.0369],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[9.9435,9.8274,9.6872,9.5643,9.4234,9.2797,9.2044,9.1687,9.0961,9.0364,8.9513,8.8725,8.9032,9.0053,9.1339,9.2829,9.4112,9.5132,9.6084,9.6945,9.7578,9.8564,9.9665,10.1464,10.2816,10.4513,10.5535,10.4364,10.2935,10.1305,10.0367,9.8726,9.704,9.6032,9.4969,9.4389,9.3616,9.3087,9.4375,9.5216,9.6074,9.6599,9.659,9.6865,9.8053,9.9131,9.9786,10.032,10.0779,10.0605,10.1145,10.506,10.7928,11.0467,11.206,11.3762,11.6254,11.8242,11.9711,12.0758,12.282,12.4744,12.6176,12.673,12.7308,12.7085,12.7462,12.7702,12.8536,12.9388,13.0082,13.0696,13.1454,13.1952,13.266,13.2639,13.2415,13.1326,13.1352,13.0539,12.9327,12.8008,12.737,12.6873,12.6843,12.7005,12.7563,12.8137,12.8662,12.9112,12.7568,12.6904,12.6289,12.526,12.5056,12.5266,12.5387,12.7122,12.8957,13.0131,13.1225,13.2675,13.3517,13.4123],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[14.4713,13.4221,12.5761,11.6089,10.3664,8.9545,8.8004,8.7331,8.6566,8.7259,8.7272,8.7128,8.9981,9.5361,10.0873,10.6338,11.0398,11.2775,11.4963,11.7113,11.8644,12.0923,12.3149,12.7117,12.9213,13.1607,13.2803,13.2663,13.2364,13.2571,13.1628,13.172,13.32,13.3508,13.3431,13.2428,13.1506,13.0575,13.0873,13.0667,13.0799,12.9969,12.8282,12.4595,12.3251,12.022,11.8135,11.9568,12.0727,12.0662,12.1798,13.4383,14.0437,14.5465,14.7388,14.9677,15.3332,15.5403,15.7512,15.877,16.2003,16.4586,16.5267,16.4692,16.4928,16.4618,16.4009,16.2908,16.1695,15.7482,15.357,15.1081,15.0757,15.0424,15.0657,15.0732,14.9684,15.0876,15.0663,15.147,15.0984,15.0141,14.8727,14.8495,14.8013,14.8104,14.8316,14.8703,14.8226,14.751,14.7684,14.6499,14.461,14.3312,14.0686,14.0113,13.9817,14.4525,14.8665,15.116,15.3122,15.558,15.6915,15.7771],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[3.8687,4.2559,4.5292,4.9508,5.6215,6.5367,6.6166,6.6586,6.6947,6.6939,6.7725,6.8732,6.7569,6.4903,6.2546,6.0856,6.0496,6.2193,6.3677,6.4438,6.5455,6.589,6.7073,6.7472,6.9685,7.238,7.4752,7.5141,7.576,7.5355,7.7275,7.7117,7.3947,7.17,6.9204,6.7775,6.6078,6.4867,6.4819,6.4827,6.4826,6.4883,6.4875,6.6198,6.686,6.8579,6.963,6.9925,7.0909,7.2725,7.3513,6.8507,6.9235,7.0085,7.319,7.569,7.8382,8.1972,8.2624,8.4178,8.5124,8.7104,9.1183,9.5092,9.7019,9.8499,10.1528,10.4998,10.9457,11.783,12.483,12.5755,12.5794,12.5724,12.6445,12.6104,12.5372,12.1643,12.1217,11.9063,11.6106,11.3223,11.2168,11.1102,11.0777,11.1158,11.1183,11.1258,11.1361,11.1546,10.8323,10.7532,10.7188,10.5908,10.6634,10.676,10.6784,10.5184,10.3066,10.3013,10.4124,10.5594,10.6725,10.7972],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","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":[-87.4651,-86.8766,-87.568,-87.4209,-87.9947,-88.2742,-87.0531,-86.3322,-87.1708,-87.009,-87.6416,-87.6416,-85.4495,-83.89,-83.169,-82.5364,-82.7424,-83.0955,-83.0808,-83.1249,-83.4706,-82.6247,-82.2275,-80.5797,-81.2417,-80.3001,-81.4624,-85.9423,-86.6706,-87.3179,-86.1115,-87.7446,-88.0977,-86.9281,-87.2002,-86.3469,-86.8471,-86.4499,-82.6909,-83.4339,-83.2658,-83.836,-84.8838,-84.2828,-82.3105,-82.3567,-83.0809,-83.235,-83.3121,-84.5756,-83.0963,-75.8695,-77.4721,-77.7186,-79.3211,-78.8435,-76.9019,-77.5799,-78.3658,-79.0284,-76.717,-76.6862,-77.4258,-79.0592,-78.9205,-80.523,-79.2903,-79.5215,-78.2271,-78.0576,-78.2579,-78.3196,-77.9189,-78.3504,-77.8265,-79.2595,-79.691,-81.5554,-79.3674,-81.1394,-82.1102,-82.5262,-81.2935,-81.0932,-80.184,-79.7834,-78.9205,-78.7972,-78.8126,-78.8897,-83.0347,-81.4168,-81.4171,-82.3885,-80.806,-79.9599,-80.1166,-76.6852,-76.1994,-77.3119,-77.2962,-76.3718,-77.4294,-77.7976],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[19.1608,24.7552,18.1818,19.5804,14.1259,11.4685,23.0769,29.9301,21.9581,23.4965,17.4825,17.4825,38.3217,53.1469,60.0,66.014,64.056,60.6993,60.8392,60.4196,57.1329,65.1748,68.951,73.913,59.9749,68.005,58.0929,19.8871,13.6763,8.1556,18.4442,0.0,0.0,9.8269,7.5402,14.7095,10.5068,13.8443,45.4265,39.1842,40.5959,35.8058,27.0024,32.0514,48.6226,48.2342,42.1495,40.8549,40.2075,29.5916,42.02,102.7378,89.2737,87.2023,73.7382,77.7516,94.0638,88.3675,69.0205,63.8439,77.0184,77.2527,66.5978,38.5321,39.4496,28.8481,37.0031,35.474,41.1588,42.2577,40.959,40.5594,43.1568,40.3596,43.7562,22.6983,4.2721,0.0,11.863,2.2556,0.0,0.0,7.0547,8.2011,13.4039,15.6966,20.6349,21.3404,21.2522,20.8113,0.0,9.5368,9.5349,3.8088,13.1368,18.1241,17.2005,37.4266,40.2897,33.7324,33.8247,39.2738,33.0397,30.8693],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","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":[-50.4276,-46.5777,-45.1449,-46.4946,-48.6259,-49.2254,-42.8844,-39.2705,-41.9167,-40.0768,-40.8048,-42.7007,-28.7418,-21.2748,-17.0216,-15.3737,-15.896,-14.3819,-13.7093,-11.7647,-10.1431,-6.8221,-4.7824,6.6567,4.1152,7.43,4.6033,-16.5493,-16.7813,-17.144,-8.281,-15.9609,-7.9418,-4.4433,-2.8279,-1.2848,-6.7477,-2.6833,16.1803,13.7477,12.5513,6.1706,-0.5113,3.0039,10.7735,8.3195,3.8175,1.2184,-0.4524,-6.1755,-1.164,38.9971,29.894,27.905,16.9477,16.7957,23.7723,19.692,13.4802,12.0309,20.4965,17.2765,10.7081,5.3176,5.846,0.855,2.1701,0.0591,8.2627,8.3214,5.8768,7.2647,6.7335,5.4712,7.6523,1.0687,1.1113,-6.6571,3.3267,-5.4914,-9.3662,-10.724,-2.6878,1.2008,1.677,-0.9352,-2.9184,-4.6175,-6.3766,-11.6719,-28.4004,-22.211,-24.0855,-24.414,-19.3788,-17.8782,-14.4697,-0.616,-0.4767,-1.1635,0.2985,3.4276,-6.0818,-8.0137],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","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":[-1.845,-1.6862,-1.5778,-1.4674,-1.3934,-1.3338,-1.2097,-1.062,-0.9768,-0.8908,-0.8454,-0.8002,-0.6441,-0.435,-0.2296,-0.0338,0.1095,0.2026,0.2739,0.3244,0.3427,0.3962,0.4538,0.5777,0.6344,0.7196,0.719,0.4822,0.2541,0.0396,-0.0676,-0.2339,-0.3795,-0.4297,-0.478,-0.4669,-0.4784,-0.4617,-0.252,-0.1227,-0.0114,0.0469,0.0387,0.0624,0.1807,0.269,0.2982,0.3099,0.3115,0.245,0.2653,0.6462,0.8556,0.9974,1.0156,1.0425,1.1506,1.1877,1.1631,1.0969,1.1503,1.1805,1.1531,1.0353,0.9383,0.77,0.6921,0.6114,0.6072,0.6055,0.5872,0.5629,0.5579,0.5257,0.5211,0.4386,0.347,0.1764,0.1521,0.0411,-0.0957,-0.2231,-0.2575,-0.2713,-0.2328,-0.1796,-0.0919,-0.0159,0.0431,0.0849,-0.0944,-0.1514,-0.1944,-0.2752,-0.2549,-0.193,-0.1503,0.0596,0.2481,0.3363,0.4024,0.4966,0.511,0.4976],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[-1.9907,-1.9298,-1.8594,-1.781,-1.7035,-1.6295,-1.5456,-1.4489,-1.3544,-1.2617,-1.1784,-1.1028,-1.0111,-0.8958,-0.7626,-0.6168,-0.4716,-0.3367,-0.2146,-0.1068,-0.0169,0.0657,0.1434,0.2302,0.3111,0.3928,0.458,0.4628,0.4211,0.3448,0.2623,0.1631,0.0546,-0.0423,-0.1294,-0.1969,-0.2532,-0.2949,-0.2863,-0.2536,-0.2052,-0.1548,-0.1161,-0.0804,-0.0282,0.0313,0.0847,0.1297,0.1661,0.1818,0.1985,0.2881,0.4016,0.5207,0.6197,0.7043,0.7935,0.8724,0.9305,0.9638,1.0011,1.037,1.0602,1.0552,1.0318,0.9794,0.922,0.8599,0.8093,0.7686,0.7323,0.6984,0.6703,0.6414,0.6173,0.5816,0.5347,0.463,0.4008,0.3289,0.244,0.1506,0.069,0.0009,-0.0459,-0.0726,-0.0765,-0.0643,-0.0429,-0.0173,-0.0327,-0.0565,-0.084,-0.1223,-0.1488,-0.1577,-0.1562,-0.113,-0.0408,0.0346,0.1082,0.1859,0.2509,0.3002],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[0.1457,0.2436,0.2816,0.3136,0.3101,0.2958,0.3359,0.3869,0.3776,0.3709,0.3331,0.3026,0.367,0.4608,0.533,0.5831,0.5811,0.5393,0.4885,0.4312,0.3596,0.3305,0.3105,0.3475,0.3234,0.3268,0.261,0.0193,-0.167,-0.3052,-0.3299,-0.397,-0.434,-0.3874,-0.3486,-0.27,-0.2252,-0.1668,0.0343,0.1309,0.1938,0.2017,0.1548,0.1428,0.2089,0.2377,0.2135,0.1802,0.1455,0.0631,0.0668,0.3581,0.4541,0.4767,0.3958,0.3382,0.3571,0.3153,0.2326,0.1331,0.1492,0.1435,0.0929,-0.0199,-0.0936,-0.2095,-0.2299,-0.2484,-0.2022,-0.163,-0.1451,-0.1355,-0.1124,-0.1157,-0.0962,-0.143,-0.1876,-0.2866,-0.2487,-0.2878,-0.3397,-0.3736,-0.3264,-0.2722,-0.187,-0.107,-0.0154,0.0485,0.0859,0.1022,-0.0617,-0.0949,-0.1103,-0.153,-0.1061,-0.0354,0.0059,0.1726,0.2889,0.3017,0.2942,0.3108,0.2601,0.1974],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","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":"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":[16.6318,20.052,16.0332,16.8883,15.5248,13.6639,21.7931,28.8377,25.6741,28.206,23.1756,25.4543,63.6894,84.0541,93.4679,98.5117,93.6423,69.2746,69.4155,68.9927,65.6805,73.7847,77.5902,93.3757,85.209,95.189,74.0475,26.5791,18.8626,12.0035,24.7864,7.4827,5.9408,19.1591,16.3792,25.0947,19.9856,24.0428,62.4361,54.8476,56.5638,50.7407,40.0387,46.1766,66.3215,65.8494,58.4524,56.8786,56.0917,43.1863,58.295,91.4978,80.1614,78.4174,67.081,70.4601,84.1945,79.3984,73.8392,65.8266,80.4835,80.5925,74.9467,60.0808,55.9033,41.1095,52.4893,50.3556,62.0887,63.5581,61.693,61.1191,64.8494,60.8321,65.7102,50.2249,42.492,2.6316,33.5945,11.0676,4.9632,2.1583,17.4377,19.7509,30.2491,34.8754,53.3898,55.0847,58.9977,57.8588,0.765,28.9206,28.9164,16.0764,36.9932,48.1764,46.1055,88.9253,93.6587,79.5889,79.7871,91.4789,75.9943,71.4631],"stroke":"#10243b","width":2.0},{"label":"From high","values":[-53.3662,-51.1768,-53.7493,-53.202,-51.3852,-52.5171,-47.5722,-41.9012,-41.5941,-39.396,-41.8685,-38.8869,-16.0441,-7.0458,-2.8862,-0.6695,-2.8973,-15.9473,-15.8742,-16.0936,-17.8127,-13.6064,-11.6313,-3.4382,-6.7301,-2.0483,-11.6707,-33.0169,-36.487,-39.5715,-33.8231,-41.6045,-43.287,-37.7138,-39.0107,-34.9448,-37.3282,-35.4355,-17.5243,-21.0644,-20.2638,-22.9804,-27.9731,-25.1096,-15.7116,-15.9319,-19.3827,-20.117,-20.4841,-26.5047,-19.4562,-4.7445,-11.0706,-12.0438,-18.3698,-16.4842,-8.8199,-11.4963,-14.5985,-17.2141,-9.9523,-9.8331,-12.6937,-19.0107,-18.4744,-24.6722,-19.9046,-20.7986,-15.7926,-15.1371,-15.9118,-16.1502,-14.6007,-16.2694,-14.2431,-19.7855,-21.4541,-28.6651,-20.2026,-27.056,-30.8105,-32.4195,-27.652,-26.8772,-23.3611,-21.8117,-13.8539,-13.3501,-11.5756,-11.8971,-29.1961,-22.4437,-22.445,-26.4993,-19.8948,-16.3636,-17.0175,-3.5645,-2.0632,-6.6409,-6.5764,-2.7724,-7.9553,-9.4569],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[29.5837,35.6674,28.5191,30.04,24.1083,21.2186,33.8423,41.2949,32.6256,34.2986,27.7586,27.7586,50.4205,66.5424,73.995,80.5351,78.4057,74.7555,74.9076,74.4513,70.8771,79.6225,83.729,100.7635,71.141,70.5732,60.5096,21.7197,15.414,9.8089,20.2548,6.1146,5.0649,16.7543,14.3233,21.9448,17.477,21.025,54.5992,47.9632,49.464,44.3718,35.013,40.3805,57.9969,57.584,51.1155,49.7393,49.0511,37.7656,50.9779,115.5254,101.2121,99.0101,84.6968,88.9632,106.3044,100.2487,93.2297,66.8159,83.7497,82.7705,76.9721,54.6276,40.3077,29.641,37.8461,36.3077,44.3309,45.158,43.8328,43.4251,46.0754,43.2212,46.6871,33.1355,25.2852,1.098,14.6895,4.8394,2.381,1.0695,8.7814,9.9462,15.233,17.5627,22.5806,23.2975,23.2079,22.7599,0.3189,13.3459,13.3439,7.4187,17.0711,22.2318,21.2761,42.2056,45.1682,38.3828,38.4784,44.1169,37.6661,35.4202],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","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":[77.8888,45.2511,39.39,40.1016,48.525,77.6058,56.4092,95.4551,89.3065,50.4054,35.7075,49.0556,279.4374,123.8057,72.4729,77.2929,52.5301,144.552,29.8663,45.6881,43.2294,77.0744,39.3679,55.0474,66.0126,89.5946,149.5029,298.377,119.5094,92.2564,55.7549,75.7398,60.2322,60.0466,32.6581,38.6331,48.8237,57.6124,198.6826,98.474,81.525,78.9514,75.5713,149.8717,219.2772,86.3756,90.1461,110.0367,100.9499,116.8807,89.7723,566.564,199.9787,100.6486,279.345,130.0324,157.6014,99.002,82.6106,144.4202,147.9329,73.9823,72.0666,75.4183,212.1015,118.9258,51.2305,41.3522,47.845,45.717,21.7878,37.1677,64.4858,49.601,58.6821,49.2716,103.6229,74.8352,51.1676,54.0545,74.4441,60.6489,174.7442,124.8254,153.199,109.9951,147.5207,106.5071,113.815,121.4248,263.5163,231.0027,113.0155,136.64,120.298,78.3164,207.522,216.3876,117.2018,62.6659,76.0879,79.9807,69.1777,117.0372],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[69.8694,70.5386,69.9598,70.5515,69.8303,68.6599,69.4034,70.6141,69.5057,70.0987,69.7082,69.7082,72.6759,74.0202,74.7854,75.5919,75.0553,73.5306,73.8243,73.4111,73.037,73.7039,74.0398,74.5059,73.9524,74.684,73.4248,70.6833,69.5859,68.7264,69.2495,68.5308,68.0336,68.503,68.2562,68.538,68.1863,68.5684,69.9989,69.2746,69.8838,69.297,68.7264,69.9119,71.7918,71.0509,70.3005,69.4909,68.767,66.2705,65.7076,71.6285,69.3667,68.1952,65.0,66.8105,69.1602,67.6287,66.3619,65.0,67.4534,68.7038,67.4625,66.1611,70.022,67.7693,68.7446,67.9586,68.8717,69.7441,69.3312,68.721,69.7428,68.9654,69.8047,69.1267,67.7479,66.7714,67.4242,66.7783,65.9491,65.2916,67.2486,68.653,70.1994,71.2432,72.6769,73.726,72.5923,71.3611,68.3463,71.2546,69.8077,67.9871,69.6388,70.7303,67.6629,71.1309,73.0856,72.0276,73.3302,74.7292,73.546,71.507],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","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/0d6b0adf-8d61-417a-a4e9-4eb069afb308/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/0d6b0adf-8d61-417a-a4e9-4eb069afb308/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/0d6b0adf-8d61-417a-a4e9-4eb069afb308/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/0d6b0adf-8d61-417a-a4e9-4eb069afb308/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/0d6b0adf-8d61-417a-a4e9-4eb069afb308/technical-pack/data.json"},"source_fingerprint":"3cb9d28282443807a5c8bd098640d473339403ab2bfccb62d661e4c26434e9bd","content_hash":"81c78790a1768044a509197a3af5991cdc6e236041c5ac3c59d9097aca52832e","citation":"Sharemaestro, DLO Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/0d6b0adf-8d61-417a-a4e9-4eb069afb308/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."}