{"schema_version":"1.0","name":"WEF Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"1646c509-7207-4eb1-943d-18c3fd8bb7d2","symbol":"WEF","name":"Western Forest Products Inc.","exchange":"TOR","country":"CA","asset_type":"equity","currency":"CAD","sector":"Basic Materials","industry":"Lumber & Wood Production"},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","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, Range position and boundary pressure, Acceleration, deceleration and rollover, Range pressure and compression."},{"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 strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","evidenceAlignment":{"status":"Underlying strength ahead of price","headline":"Positive Market Dynamics is leading the current price response","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","take":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","tone":"positive","conflict":false},"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":[0.313553,0.69407,0.747525,0.661529,0.790681,0.948873,1.154207,1.342008,1.318097,1.256698,1.084972,0.998009,0.858924,0.569708,0.313834,0.016275,-0.222097,-0.241651,-0.363039,-0.453627,-0.515772,-0.654455,-0.679224,-0.794302,-0.935991,-0.551797,-0.225587,0.194329,0.651953,0.574429,0.579323,0.519544,0.393564,0.232221,-0.047454,-0.172169,-0.349144,-0.256924,-0.084089,-0.28,-0.233186,-0.290331,-0.222786,0.009427,0.050469,0.090297,0.221833,0.351429,0.654997,1.006684,1.031307,1.077762,1.081756,0.941627,0.843253,0.991602,1.148767,1.074929,1.067275,0.741987,0.298977,0.003688,-0.335961,-0.639554,-0.947447,-1.181039,-1.128137,-0.943255,-0.82451,-0.783301,-1.002909,-0.943387,-0.599492,0.08004,0.855529,1.317591,1.614875,1.570962,1.404147,1.189362,0.993707,0.754961,0.481752,0.389318,0.221615,0.157863,0.189594,0.102486,0.09839,-0.026468,-0.217683,-0.31307,-0.228886,0.025843,0.517612,0.89978,1.070451,1.109366,0.921609,0.876267,0.745665,0.771317,0.949771,0.973889],"opens":[13.8,13.5,13.5,13.2,13.2,14.4,15.3,16.799999,16.200001,15.6,15.0,14.7,14.4,13.5,13.5,13.8,12.9,12.6,12.3,12.0,13.8,12.9,12.9,12.9,11.4,11.7,14.1,13.8,13.5,13.2,13.5,13.2,12.9,11.7,12.0,11.1,11.1,11.7,12.6,12.3,12.0,12.3,12.3,12.0,11.7,12.0,12.0,12.3,12.0,12.31,13.11,12.1,12.36,12.56,12.31,12.27,12.93,12.92,12.34,12.3,12.07,12.19,12.09,11.96,11.48,11.12,10.41,11.8,11.85,11.05,10.6,10.69,11.4,12.0,13.91,14.3,14.91,16.01,14.5,14.2,14.14,13.74,12.88,12.45,14.49,14.74,14.28,14.95,14.62,14.77,14.41,13.62,14.49,17.24,16.799999,18.209999,18.68,17.77,17.68,16.99,17.85,17.33,17.85,19.24],"highs":[13.8,13.5,13.8,13.5,15.0,15.6,17.4,16.799999,16.5,15.6,15.9,16.5,14.4,13.8,14.1,13.8,12.9,12.9,12.3,13.8,13.8,13.2,13.2,12.9,12.3,14.4,14.7,14.1,13.8,13.2,13.8,13.5,12.9,12.3,12.0,11.7,11.7,12.9,12.9,12.6,12.3,12.6,12.3,12.6,12.0,12.3,12.3,12.3,12.6,13.75,13.59,12.75,12.86,12.74,12.59,12.87,13.65,13.16,12.35,12.59,13.01,12.25,12.1,11.96,11.57,11.13,11.83,11.85,12.0,11.3,10.81,11.58,12.11,14.0,15.1,15.75,17.280001,16.780001,15.1,14.69,14.8,14.19,13.12,14.96,15.07,15.01,14.94,15.58,15.76,14.77,14.53,14.73,16.25,17.49,18.139999,18.42,18.68,17.9,17.68,19.049999,17.879999,18.219999,19.200001,19.32],"lows":[13.2,13.2,12.9,12.6,13.2,13.8,15.3,15.6,15.3,14.7,14.7,13.5,13.2,13.2,13.5,12.9,12.3,11.7,11.7,12.0,12.6,12.6,12.6,12.0,11.1,11.7,13.8,13.2,12.0,12.3,12.6,12.6,11.7,11.1,11.4,10.8,11.1,11.7,12.3,12.0,11.7,12.0,11.7,11.7,11.4,11.7,11.7,12.0,12.0,12.1,11.88,11.44,12.16,12.35,12.2,12.15,12.83,12.22,11.9,11.86,11.96,11.76,11.76,11.19,11.0,10.19,10.16,11.14,10.92,10.69,10.52,10.58,11.25,11.99,13.68,14.3,14.91,13.99,13.31,13.7,13.55,12.79,11.98,12.45,14.14,14.19,13.95,14.21,14.62,13.77,13.52,13.17,14.34,16.32,16.799999,17.799999,18.370001,17.389999,16.75,16.969999,16.99,17.18,17.85,17.77],"closes":[13.5,13.2,13.2,13.2,14.1,15.0,17.1,16.5,15.9,15.6,14.7,13.8,13.2,13.5,13.5,12.9,12.6,12.0,12.0,13.5,12.9,12.9,12.6,12.0,11.4,14.1,13.8,13.5,12.9,13.2,13.2,12.9,12.0,12.0,11.4,11.4,11.7,12.6,12.6,12.0,12.3,12.3,12.0,12.0,11.7,12.0,12.3,12.0,12.3,13.19,12.38,12.38,12.58,12.54,12.35,12.83,13.02,12.35,12.23,12.06,12.1,12.02,11.93,11.3,11.12,10.38,11.73,11.72,11.07,10.69,10.69,11.4,11.89,13.91,14.72,15.11,16.17,14.15,14.27,14.04,13.84,12.88,12.47,14.42,14.81,14.5,14.76,14.55,14.75,14.34,13.79,14.26,15.86,16.51,18.129999,17.889999,18.549999,17.389999,16.969999,17.85,17.309999,18.08,19.16,18.75],"pressureRange":[-1.840958,1.840958],"priceRange":[10.38,28.5],"zones":{"accumulationBoundary":0.092603,"distributionBoundary":0.907397},"latest":0.973889,"state":"Positive Market Dynamics ahead of price","context":{"scenario":"dynamicsAhead","latestDirection":"slight 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 is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"diagnosis":{"label":"Underlying strength ahead of price","detail":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","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 has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","annotations":[{"label":"Current tape relationship","value":"Underlying strength ahead of price","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":"16 Jan 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Leading price","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.39,"forwardCorrelation":-0.16,"directionalAgreement":50.0,"sample":250,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":7,"completedEpisodes":7,"activeEpisodes":0,"averageWeeksInZone":3.9,"medianWeeksInZone":2,"averageWeeksToHigher":3.9,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":7,"expectedCount":4,"expectedPercent":57.1,"medianReturn":2.5,"averageReturn":1.4,"confidenceLow":25.0,"confidenceHigh":84.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":7,"expectedCount":5,"expectedPercent":71.4,"medianReturn":2.9,"averageReturn":3.5,"confidenceLow":35.9,"confidenceHigh":91.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":7,"expectedCount":4,"expectedPercent":57.1,"medianReturn":1.9,"averageReturn":3.9,"confidenceLow":25.0,"confidenceHigh":84.2,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.1,"sample":7},{"week":2,"averageReturn":4.1,"sample":7},{"week":3,"averageReturn":1.9,"sample":7},{"week":4,"averageReturn":1.4,"sample":7},{"week":5,"averageReturn":2.5,"sample":7},{"week":6,"averageReturn":2.8,"sample":7},{"week":7,"averageReturn":1.8,"sample":7},{"week":8,"averageReturn":3.8,"sample":7},{"week":9,"averageReturn":2.9,"sample":7},{"week":10,"averageReturn":3.6,"sample":7},{"week":11,"averageReturn":1.6,"sample":7},{"week":12,"averageReturn":3.5,"sample":7},{"week":13,"averageReturn":6.1,"sample":7},{"week":14,"averageReturn":7.7,"sample":7},{"week":15,"averageReturn":6.4,"sample":7},{"week":16,"averageReturn":3.3,"sample":7},{"week":17,"averageReturn":4.0,"sample":7},{"week":18,"averageReturn":1.1,"sample":7},{"week":19,"averageReturn":2.2,"sample":7},{"week":20,"averageReturn":2.1,"sample":7},{"week":21,"averageReturn":-0.3,"sample":7},{"week":22,"averageReturn":0.7,"sample":7},{"week":23,"averageReturn":1.4,"sample":7},{"week":24,"averageReturn":2.6,"sample":7},{"week":25,"averageReturn":2.5,"sample":7},{"week":26,"averageReturn":3.9,"sample":7}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":2.0,"medianWeeksInZone":2,"averageWeeksToLower":2.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-8.5,"averageReturn":-8.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-25.5,"averageReturn":-25.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-34.0,"averageReturn":-34.0,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.1,"sample":1},{"week":2,"averageReturn":-6.4,"sample":1},{"week":3,"averageReturn":-7.4,"sample":1},{"week":4,"averageReturn":-8.5,"sample":1},{"week":5,"averageReturn":-12.8,"sample":1},{"week":6,"averageReturn":-11.7,"sample":1},{"week":7,"averageReturn":-18.1,"sample":1},{"week":8,"averageReturn":-19.1,"sample":1},{"week":9,"averageReturn":-22.3,"sample":1},{"week":10,"averageReturn":-16.0,"sample":1},{"week":11,"averageReturn":-26.6,"sample":1},{"week":12,"averageReturn":-25.5,"sample":1},{"week":13,"averageReturn":-22.3,"sample":1},{"week":14,"averageReturn":-27.7,"sample":1},{"week":15,"averageReturn":-29.8,"sample":1},{"week":16,"averageReturn":-28.7,"sample":1},{"week":17,"averageReturn":-21.3,"sample":1},{"week":18,"averageReturn":-24.5,"sample":1},{"week":19,"averageReturn":-23.4,"sample":1},{"week":20,"averageReturn":-26.6,"sample":1},{"week":21,"averageReturn":-27.7,"sample":1},{"week":22,"averageReturn":-25.5,"sample":1},{"week":23,"averageReturn":-26.6,"sample":1},{"week":24,"averageReturn":-31.9,"sample":1},{"week":25,"averageReturn":-30.9,"sample":1},{"week":26,"averageReturn":-34.0,"sample":1}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":18,"completedEpisodes":16,"activeEpisodes":2,"medianExpectedMove":5.4,"averageExpectedMove":8.8,"averageWeeksToLargestMove":3.1,"horizons":[{"weeks":4,"sample":17,"expectedCount":8,"expectedPercent":47.1,"averageReturn":-2.6,"medianReturn":0.0,"confidenceLow":26.2,"confidenceHigh":69.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":16,"expectedCount":3,"expectedPercent":18.8,"averageReturn":-8.6,"medianReturn":-10.9,"confidenceLow":6.6,"confidenceHigh":43.0,"confidence":"Historically adverse"},{"weeks":26,"sample":15,"expectedCount":3,"expectedPercent":20.0,"averageReturn":-10.3,"medianReturn":-7.1,"confidenceLow":7.0,"confidenceHigh":45.2,"confidence":"Historically adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.1,"sample":18},{"week":2,"averageReturn":0.6,"sample":18},{"week":3,"averageReturn":0.5,"sample":17},{"week":4,"averageReturn":-2.6,"sample":17},{"week":5,"averageReturn":-3.7,"sample":17},{"week":6,"averageReturn":-3.5,"sample":17},{"week":7,"averageReturn":-7.0,"sample":17},{"week":8,"averageReturn":-7.4,"sample":17},{"week":9,"averageReturn":-7.0,"sample":17},{"week":10,"averageReturn":-6.8,"sample":17},{"week":11,"averageReturn":-6.7,"sample":16},{"week":12,"averageReturn":-8.6,"sample":16},{"week":13,"averageReturn":-8.4,"sample":16},{"week":14,"averageReturn":-10.2,"sample":16},{"week":15,"averageReturn":-10.2,"sample":16},{"week":16,"averageReturn":-10.9,"sample":16},{"week":17,"averageReturn":-13.0,"sample":16},{"week":18,"averageReturn":-10.9,"sample":16},{"week":19,"averageReturn":-9.3,"sample":16},{"week":20,"averageReturn":-9.1,"sample":16},{"week":21,"averageReturn":-8.7,"sample":15},{"week":22,"averageReturn":-9.8,"sample":15},{"week":23,"averageReturn":-10.7,"sample":15},{"week":24,"averageReturn":-12.3,"sample":15},{"week":25,"averageReturn":-10.6,"sample":15},{"week":26,"averageReturn":-10.3,"sample":15}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":23,"completedEpisodes":23,"activeEpisodes":0,"medianExpectedMove":6.6,"averageExpectedMove":9.8,"averageWeeksToLargestMove":6.7,"horizons":[{"weeks":4,"sample":23,"expectedCount":7,"expectedPercent":30.4,"averageReturn":4.5,"medianReturn":2.4,"confidenceLow":15.6,"confidenceHigh":50.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":23,"expectedCount":13,"expectedPercent":56.5,"averageReturn":-1.6,"medianReturn":-1.6,"confidenceLow":36.8,"confidenceHigh":74.4,"confidence":"Mixed historical record"},{"weeks":26,"sample":22,"expectedCount":16,"expectedPercent":72.7,"averageReturn":-6.8,"medianReturn":-9.5,"confidenceLow":51.8,"confidenceHigh":86.8,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.0,"sample":23},{"week":2,"averageReturn":1.0,"sample":23},{"week":3,"averageReturn":4.1,"sample":23},{"week":4,"averageReturn":4.5,"sample":23},{"week":5,"averageReturn":4.9,"sample":23},{"week":6,"averageReturn":4.8,"sample":23},{"week":7,"averageReturn":3.1,"sample":23},{"week":8,"averageReturn":2.7,"sample":23},{"week":9,"averageReturn":1.7,"sample":23},{"week":10,"averageReturn":0.3,"sample":23},{"week":11,"averageReturn":-0.1,"sample":23},{"week":12,"averageReturn":-1.6,"sample":23},{"week":13,"averageReturn":0.6,"sample":23},{"week":14,"averageReturn":0.4,"sample":23},{"week":15,"averageReturn":-1.9,"sample":22},{"week":16,"averageReturn":-2.9,"sample":22},{"week":17,"averageReturn":-3.9,"sample":22},{"week":18,"averageReturn":-3.5,"sample":22},{"week":19,"averageReturn":-6.2,"sample":22},{"week":20,"averageReturn":-8.0,"sample":22},{"week":21,"averageReturn":-7.8,"sample":22},{"week":22,"averageReturn":-7.6,"sample":22},{"week":23,"averageReturn":-7.8,"sample":22},{"week":24,"averageReturn":-7.0,"sample":22},{"week":25,"averageReturn":-6.4,"sample":22},{"week":26,"averageReturn":-6.8,"sample":22}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":22,"completedEpisodes":21,"activeEpisodes":1,"medianExpectedMove":8.9,"averageExpectedMove":11.9,"averageWeeksToLargestMove":7.5,"horizons":[{"weeks":4,"sample":22,"expectedCount":12,"expectedPercent":54.5,"averageReturn":2.2,"medianReturn":-2.3,"confidenceLow":34.7,"confidenceHigh":73.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":21,"expectedCount":14,"expectedPercent":66.7,"averageReturn":-4.8,"medianReturn":-5.1,"confidenceLow":45.4,"confidenceHigh":82.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":21,"expectedCount":18,"expectedPercent":85.7,"averageReturn":-10.1,"medianReturn":-12.2,"confidenceLow":65.4,"confidenceHigh":95.0,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.6,"sample":22},{"week":2,"averageReturn":0.6,"sample":22},{"week":3,"averageReturn":-0.4,"sample":22},{"week":4,"averageReturn":2.2,"sample":22},{"week":5,"averageReturn":1.2,"sample":22},{"week":6,"averageReturn":1.4,"sample":22},{"week":7,"averageReturn":1.0,"sample":22},{"week":8,"averageReturn":-0.2,"sample":22},{"week":9,"averageReturn":-0.5,"sample":22},{"week":10,"averageReturn":-2.1,"sample":22},{"week":11,"averageReturn":-3.1,"sample":22},{"week":12,"averageReturn":-4.8,"sample":21},{"week":13,"averageReturn":-6.7,"sample":21},{"week":14,"averageReturn":-7.6,"sample":21},{"week":15,"averageReturn":-8.6,"sample":21},{"week":16,"averageReturn":-9.1,"sample":21},{"week":17,"averageReturn":-9.1,"sample":21},{"week":18,"averageReturn":-9.8,"sample":21},{"week":19,"averageReturn":-10.3,"sample":21},{"week":20,"averageReturn":-10.8,"sample":21},{"week":21,"averageReturn":-10.8,"sample":21},{"week":22,"averageReturn":-10.9,"sample":21},{"week":23,"averageReturn":-10.6,"sample":21},{"week":24,"averageReturn":-8.7,"sample":21},{"week":25,"averageReturn":-9.8,"sample":21},{"week":26,"averageReturn":-10.1,"sample":21}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":17,"completedEpisodes":16,"activeEpisodes":1,"medianExpectedMove":3.4,"averageExpectedMove":6.8,"averageWeeksToLargestMove":3.4,"horizons":[{"weeks":4,"sample":17,"expectedCount":4,"expectedPercent":23.5,"averageReturn":-1.5,"medianReturn":-3.6,"confidenceLow":9.6,"confidenceHigh":47.3,"confidence":"Historically adverse"},{"weeks":12,"sample":16,"expectedCount":3,"expectedPercent":18.8,"averageReturn":-9.8,"medianReturn":-13.6,"confidenceLow":6.6,"confidenceHigh":43.0,"confidence":"Historically adverse"},{"weeks":26,"sample":14,"expectedCount":2,"expectedPercent":14.3,"averageReturn":-13.7,"medianReturn":-13.2,"confidenceLow":4.0,"confidenceHigh":39.9,"confidence":"Historically adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.7,"sample":17},{"week":2,"averageReturn":-3.4,"sample":17},{"week":3,"averageReturn":-3.1,"sample":17},{"week":4,"averageReturn":-1.5,"sample":17},{"week":5,"averageReturn":-3.0,"sample":17},{"week":6,"averageReturn":-4.7,"sample":16},{"week":7,"averageReturn":-6.0,"sample":16},{"week":8,"averageReturn":-6.5,"sample":16},{"week":9,"averageReturn":-5.1,"sample":16},{"week":10,"averageReturn":-7.4,"sample":16},{"week":11,"averageReturn":-7.4,"sample":16},{"week":12,"averageReturn":-9.8,"sample":16},{"week":13,"averageReturn":-10.0,"sample":16},{"week":14,"averageReturn":-9.1,"sample":16},{"week":15,"averageReturn":-9.2,"sample":16},{"week":16,"averageReturn":-10.0,"sample":15},{"week":17,"averageReturn":-9.3,"sample":15},{"week":18,"averageReturn":-7.8,"sample":15},{"week":19,"averageReturn":-8.5,"sample":15},{"week":20,"averageReturn":-6.9,"sample":15},{"week":21,"averageReturn":-7.8,"sample":15},{"week":22,"averageReturn":-9.0,"sample":15},{"week":23,"averageReturn":-7.5,"sample":15},{"week":24,"averageReturn":-10.1,"sample":15},{"week":25,"averageReturn":-10.4,"sample":15},{"week":26,"averageReturn":-13.7,"sample":14}]}},"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":"Underlying strength ahead of price","tone":"positive","headline":"Underlying strength is leading price","use":"A positive price response is needed before the early upside case is confirmed.","confirm":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":18.8,"averageReturn":-9.8,"sample":16},"nowContext":{"label":"Slightly stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"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":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 18.8% of comparable cases moved higher after 12 weeks, with an average move of -9.8% across 16 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 71.4% of completed 12-week outcomes were higher across 7 cases. Distinct visits lasted 3.9 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 6.8% across 16 completed cases, with the largest move arriving after 3.4 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":"2025-02-28","price":13.5},{"date":"2025-07-11","price":12.3},{"date":"2025-07-25","price":12.3},{"date":"2026-01-16","price":13.91}],"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":[13.5,13.2,13.2,13.2,14.1,15.0,17.1,16.5,15.9,15.6,14.7,13.8,13.2,13.5,13.5,12.9,12.6,12.0,12.0,13.5,12.9,12.9,12.6,12.0,11.4,14.1,13.8,13.5,12.9,13.2,13.2,12.9,12.0,12.0,11.4,11.4,11.7,12.6,12.6,12.0,12.3,12.3,12.0,12.0,11.7,12.0,12.3,12.0,12.3,13.19,12.38,12.38,12.58,12.54,12.35,12.83,13.02,12.35,12.23,12.06,12.1,12.02,11.93,11.3,11.12,10.38,11.73,11.72,11.07,10.69,10.69,11.4,11.89,13.91,14.72,15.11,16.17,14.15,14.27,14.04,13.84,12.88,12.47,14.42,14.81,14.5,14.76,14.55,14.75,14.34,13.79,14.26,15.86,16.51,18.13,17.89,18.55,17.39,16.97,17.85,17.31,18.08,19.16,18.75],"consensus":[-8.3796,-24.6035,-16.269,-9.6004,39.4694,53.2349,78.1579,27.9988,17.9246,22.2464,-31.7871,-46.1636,-55.525,-18.0705,-29.4727,-49.7318,-32.79,-56.1505,-32.8041,32.8103,-24.6342,0.0,-22.4206,-48.8007,-44.4999,59.3554,0.0,0.0,-9.7673,9.5909,0.0,-17.1139,-45.608,-14.9251,-52.4142,-21.4929,0.0,35.4129,12.5988,-21.9695,21.9077,0.0,-25.2016,0.0,-25.8523,0.0,24.9879,-22.0707,22.3086,56.0031,-25.2673,10.9174,19.3665,0.0,0.0,44.8507,22.1789,-31.9606,-8.1245,-27.0542,-17.4524,-15.626,-17.8402,-56.473,-44.4054,-66.7394,30.3173,0.0,-39.6015,-38.538,-24.6764,22.3349,39.1463,77.1481,70.942,58.9415,70.852,-19.3578,13.5983,0.0,-13.0673,-44.6887,-34.1298,47.7564,36.1625,11.9346,36.8064,0.0,9.6917,0.0,-29.0187,14.1552,55.8585,28.8031,69.4891,24.117,47.4283,0.0,0.0,35.6628,-9.2138,47.7667,65.5488,17.3461],"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":[16.2892,0.0,0.0,40.4935,13.6434,-32.7762,-6.0547,-24.2393,-12.3759,-14.1636,-17.4119,-56.6697,-45.8476,-66.691,37.7463,0.0,-44.8582,-53.6125,-18.3045,29.9969,36.325,75.968,68.3144,53.6062,62.8893,-26.5086,14.7566,0.0,-6.37,-41.334,-30.0233,47.1661,38.2115,4.2366,34.8934,0.0,7.6122,0.0,-27.3891,19.7804,56.7661,19.6507,81.3494,10.268,46.485,0.0,0.0,38.5899,-3.1738,53.0948,70.3992,14.903],"force":[28.1329,0.0,0.0,76.5305,23.3899,-64.4135,-7.8319,-30.5444,-13.0444,-11.7156,-12.6559,-71.732,-34.688,-75.6889,73.2809,0.0,-52.8499,-36.5471,-5.4517,54.1546,53.4596,98.0397,78.3786,51.8053,81.2714,-83.4996,1.1228,0.0,-32.2654,-72.3937,-33.4742,77.2367,28.8867,10.0408,33.7173,0.0,3.5238,0.0,-40.6695,27.5287,70.9775,9.1257,59.2546,6.8647,25.2977,0.0,0.0,37.6109,-38.2274,50.6579,70.6454,15.0359],"direction":[16.6216,0.0,0.0,27.2019,31.0688,-7.848,-10.6989,-27.7783,-26.4027,-20.0905,-22.0326,-45.3489,-49.6983,-60.4021,8.8612,0.0,-24.1306,-22.732,-45.6903,9.15,32.1469,63.5742,68.6331,70.1362,72.5099,-34.6302,21.1856,0.0,-7.0084,-28.7333,-39.2913,27.3736,39.0178,36.4289,41.1991,0.0,16.4741,0.0,-22.5591,1.8259,44.0219,53.3183,63.245,62.0742,64.314,0.0,0.0,30.9262,-4.6074,39.6124,56.3652,43.2682],"intensity":[65.3846,1.9231,3.8462,28.8462,67.3077,65.3846,73.0769,5.7692,30.7692,69.2308,1.9231,67.3077,32.6923,80.7692,94.2308,86.5385,65.3846,67.3077,36.5385,73.0769,65.3846,96.1538,94.2308,57.6923,92.3077,98.0769,94.2308,30.7692,7.6923,82.6923,84.6154,96.1538,94.2308,28.8462,11.5385,50.0,32.6923,80.7692,42.3077,38.4615,88.4615,96.1538,86.5385,75.0,46.1538,78.8462,36.5385,80.7692,76.9231,53.8462,73.0769,21.1538],"confirmation":[74.5113,24.5263,47.8977,83.3841,75.2642,56.5374,25.2891,76.8066,73.5278,72.9034,73.5574,86.5334,81.8916,89.6301,35.4548,24.9452,80.9961,80.0418,52.741,32.6188,81.006,93.3421,90.9681,86.7251,91.1115,38.0948,49.2869,26.0704,27.5353,83.1958,78.9641,84.1895,79.319,5.4087,79.713,4.2838,25.6117,25.9125,77.6659,50.5744,86.3217,76.7568,89.7439,53.7821,82.517,32.436,27.4377,79.4269,27.5742,83.2923,89.057,38.4754],"persistence":[37.5,37.5,25.0,50.0,50.0,25.0,25.0,0.0,25.0,37.5,50.0,75.0,100.0,100.0,75.0,62.5,62.5,62.5,62.5,37.5,12.5,12.5,12.5,25.0,50.0,50.0,75.0,62.5,37.5,12.5,12.5,12.5,12.5,12.5,12.5,12.5,37.5,50.0,50.0,50.0,50.0,50.0,50.0,62.5,62.5,62.5,75.0,75.0,50.0,50.0,50.0,50.0],"assessmentRisk":[20.4696,45.1883,0.2744,17.7012,28.5491,4.178,9.2337,33.6535,39.941,25.0181,27.3422,21.151,27.6562,16.6255,33.3893,29.9688,15.0165,46.1621,36.16,37.5566,25.2685,11.3994,14.5249,20.5204,14.5723,21.4243,28.5831,39.4579,42.8156,21.1837,30.7042,6.7695,18.1098,39.4454,30.8712,7.0875,8.1643,6.072,30.2232,27.0996,16.1936,35.1459,15.2532,37.9302,26.2523,39.6487,41.1412,20.3118,40.6889,9.974,16.683,31.0801],"volumeParticipation":true,"latest":{"consensus":17.3,"control":14.9,"force":15.0,"direction":43.3,"confirmation":38.5,"persistence":50.0,"assessmentRisk":31.1,"intensity":21.2,"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":"Control support is easing","forceState":"Upward commitment","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+17.3","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+14.9","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+15.0","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+43.3","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"38/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"64.6","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"6.8%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"27.6","detail":"Directional","tone":"positive"},{"label":"Range position","value":"92%","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":[13.5,13.2,13.2,13.2,14.1,15.0,17.1,16.5,15.9,15.6,14.7,13.8,13.2,13.5,13.5,12.9,12.6,12.0,12.0,13.5,12.9,12.9,12.6,12.0,11.4,14.1,13.8,13.5,12.9,13.2,13.2,12.9,12.0,12.0,11.4,11.4,11.7,12.6,12.6,12.0,12.3,12.3,12.0,12.0,11.7,12.0,12.3,12.0,12.3,13.19,12.38,12.38,12.58,12.54,12.35,12.83,13.02,12.35,12.23,12.06,12.1,12.02,11.93,11.3,11.12,10.38,11.73,11.72,11.07,10.69,10.69,11.4,11.89,13.91,14.72,15.11,16.17,14.15,14.27,14.04,13.84,12.88,12.47,14.42,14.81,14.5,14.76,14.55,14.75,14.34,13.79,14.26,15.86,16.51,18.13,17.89,18.55,17.39,16.97,17.85,17.31,18.08,19.16,18.75],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[13.6402,13.5602,13.4947,13.4411,13.5609,13.8226,14.4185,14.7969,14.9975,15.107,15.033,14.8088,14.5163,14.3315,14.1803,13.9476,13.7025,13.393,13.1397,13.2052,13.1497,13.1043,13.0126,12.8285,12.5688,12.8472,13.0204,13.1076,13.0699,13.0935,13.1129,13.0742,12.8789,12.7191,12.4792,12.283,12.177,12.2539,12.3168,12.2592,12.2666,12.2727,12.2231,12.1826,12.0948,12.0776,12.118,12.0966,12.1336,12.3256,12.3355,12.3436,12.3866,12.4145,12.4028,12.4804,12.5785,12.537,12.4812,12.4046,12.3492,12.2894,12.224,12.056,11.8858,11.612,11.6335,11.6492,11.5439,11.3887,11.2616,11.2868,11.3965,11.8535,12.3747,12.872,13.4716,13.595,13.7177,13.7763,13.7879,13.6228,13.4132,13.5963,13.8169,13.9411,14.09,14.1737,14.2784,14.2896,14.1988,14.2099,14.5099,14.8736,15.4657,15.9064,16.3871,16.5694,16.6423,16.8619,16.9433,17.15,17.5155,17.7399],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[15.4983,15.3281,15.1704,15.0245,14.956,14.9593,15.1178,15.2202,15.2706,15.295,15.2509,15.1434,14.9995,14.8884,14.7856,14.6459,14.4943,14.3096,14.1385,14.0912,14.003,13.9213,13.8234,13.6883,13.5188,13.5619,13.5795,13.5736,13.5237,13.4997,13.4775,13.4348,13.3285,13.2301,13.0945,12.969,12.875,12.8546,12.8358,12.7739,12.7388,12.7063,12.6539,12.6055,12.5384,12.4985,12.4838,12.448,12.437,12.4928,12.4845,12.4767,12.4844,12.4885,12.4782,12.5043,12.5425,12.5282,12.5061,12.4731,12.4455,12.4139,12.3781,12.2982,12.211,12.0753,12.0497,12.0253,11.9546,11.8609,11.7742,11.7464,11.7571,11.9166,12.1242,12.3454,12.6287,12.7414,12.8546,12.9424,13.0089,12.9994,12.9601,13.0683,13.1973,13.2938,13.4024,13.4874,13.5809,13.6372,13.6485,13.6938,13.8542,14.051,14.3531,14.6151,14.9066,15.0905,15.2298,15.4238,15.5636,15.75,16.0026,16.2061],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[17.3368,16.8492,16.4375,16.0302,15.5555,15.4939,16.0772,16.3882,16.5381,16.6269,16.6269,16.6269,16.6236,16.6236,16.6219,16.6306,16.6306,16.6595,16.7242,16.7159,16.7176,16.721,16.7329,16.7756,16.8173,16.7206,16.1188,15.5762,15.0947,14.6204,14.3547,14.2568,14.25,14.1928,14.1731,14.1965,14.2011,14.21,14.2163,14.1112,14.0766,14.0396,14.0236,14.0236,14.0026,13.715,13.4696,13.2621,13.1859,13.1834,13.0343,12.9472,12.9969,13.0367,13.0067,13.02,13.095,13.0747,13.0491,13.0469,13.0445,13.0432,13.0464,13.1257,13.2064,13.4237,13.4077,13.4057,13.4206,13.3181,13.3196,13.2625,13.1851,13.5061,14.0386,14.5442,15.2613,15.465,15.679,15.8477,15.9769,16.0107,16.0228,16.1982,16.3913,16.4267,16.5678,16.6536,16.6691,16.5188,16.2318,16.0108,16.0237,16.3802,17.1286,17.6372,18.148,18.4581,18.6651,18.9894,19.175,19.3617,19.6144,19.9017],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[11.7032,11.7708,11.8225,11.8998,12.1345,12.1661,11.7928,11.6318,11.5719,11.5431,11.5431,11.5431,11.4864,11.4864,11.5181,11.4794,11.4794,11.4205,11.2058,11.1841,11.1224,11.089,11.0171,10.8544,10.5427,10.5494,10.8212,11.0638,11.2453,11.4796,11.5953,11.6032,11.49,11.3972,11.2069,11.0335,10.9389,10.99,11.0437,10.9988,10.9734,10.9504,10.9064,10.9064,10.9574,11.035,11.1304,11.1879,11.2041,11.2056,11.2727,11.3078,11.3161,11.3303,11.4553,11.585,11.642,11.6373,11.6259,11.6341,11.6165,11.5898,11.5796,11.4303,11.2916,10.9123,10.8713,10.8453,10.7074,10.5599,10.3894,10.3485,10.3569,10.1729,9.8774,9.5998,9.1977,9.174,9.164,9.1933,9.2381,9.2903,9.3322,9.4688,9.6447,10.0213,10.1832,10.3804,10.7329,11.2482,11.8452,12.3522,12.7363,12.6398,12.2324,12.0018,11.729,11.7428,11.8059,11.8626,12.024,12.3573,12.7736,12.9193],"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":[-79.75,-80.2,-80.2,-80.2,-78.85,-77.4999,-74.3499,-75.2499,-76.1499,-76.5999,-77.9499,-79.3,-80.2,-79.75,-79.75,-80.65,-81.1,-82.0,-82.0,-79.75,-80.65,-80.65,-81.1,-82.0,-82.9,-78.85,-79.3,-79.75,-80.65,-80.2,-80.2,-80.65,-82.0,-82.0,-82.9,-82.9,-82.45,-81.1,-81.1,-82.0,-81.55,-81.55,-82.0,-82.0,-82.45,-82.0,-81.55,-82.0,-81.55,-80.215,-81.43,-81.43,-81.13,-81.19,-81.475,-80.755,-80.47,-81.475,-81.655,-81.91,-81.85,-81.97,-82.105,-83.05,-83.32,-84.43,-82.405,-82.42,-83.395,-83.965,-83.965,-82.9,-82.165,-79.135,-77.9199,-77.3349,-75.7449,-78.775,-78.595,-78.94,-79.24,-80.68,-81.295,-78.3699,-77.7849,-78.2499,-77.8599,-78.1749,-77.8749,-78.49,-79.315,-78.61,-76.2099,-75.2349,-72.8049,-73.1649,-72.1749,-73.9149,-74.5449,-73.2249,-74.0349,-72.8799,-71.2599,-71.8749],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[9.7561,7.3171,7.3171,7.3171,14.6341,21.9512,39.0244,34.1463,29.2683,26.8293,19.5122,12.1951,7.3171,9.7561,9.7561,4.878,2.439,0.0,0.0,12.5,7.5,7.5,5.0,0.0,0.0,23.6842,21.0526,18.4211,13.1579,15.7895,15.7895,13.1579,5.2632,5.2632,0.0,0.0,2.6316,10.5263,10.5263,5.2632,7.8947,7.8947,5.2632,5.2632,2.6316,5.2632,7.8947,5.2632,7.8947,15.7018,8.5965,8.5965,10.3509,10.0,8.3333,12.5439,14.2105,8.3333,7.2807,5.7895,6.1404,2.735,1.9658,0.0,0.0,0.0,13.0058,12.9094,6.6474,2.9865,2.9865,9.8266,14.5472,34.0077,41.8112,45.5684,55.7803,36.3198,37.4759,35.2601,33.3333,24.0848,20.1349,38.921,42.6782,39.6917,42.1965,40.1734,42.1002,38.1503,32.8516,33.3957,48.363,54.4434,69.5977,67.3527,62.7193,46.2574,36.0866,43.1435,38.8131,44.988,53.6488,50.3609],"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":[-35.1623,-35.6286,-32.9528,-34.1587,-29.411,-24.0817,-13.0021,-16.0958,-19.2238,-18.5362,-21.4386,-26.8462,-29.4873,-28.4311,-28.1212,-30.5728,-30.1749,-30.6003,-30.1337,-21.1899,-22.7509,-22.6587,-24.5568,-27.2391,-29.6566,-12.1684,-12.0289,-13.8971,-14.8369,-11.4838,-11.9949,-12.3374,-12.1208,-12.7756,-18.4042,-19.3355,-17.4853,-11.7149,-13.2617,-16.5006,-14.7769,-14.9547,-16.6007,-16.0219,-18.1568,-16.6672,-14.1025,-16.6587,-14.8096,-6.8203,-14.3685,-14.3289,-13.8243,-14.3903,-16.6157,-13.6676,-13.3115,-17.0854,-18.8501,-17.4464,-17.1038,-17.5248,-17.1899,-20.0692,-21.897,-26.1296,-19.2645,-18.7179,-23.2796,-25.9758,-26.0716,-20.2599,-18.1443,-5.0938,0.3366,6.9204,12.2484,-3.0366,-3.8335,-6.3191,-3.7111,-8.3227,-7.2314,5.4461,4.8747,1.2469,1.3005,1.3095,2.8915,-0.1709,-2.963,-1.2869,8.9176,14.4776,23.4487,21.3805,25.2927,16.304,13.1777,18.8268,14.6716,20.1229,22.8108,18.6848],"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":"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":[15.3846,11.5385,11.5385,11.5385,25.0,37.5,80.0,77.7778,70.5882,64.7059,47.0588,29.4118,17.6471,23.5294,23.5294,11.7647,5.8824,5.2632,5.2632,31.5789,21.0526,21.0526,15.7895,5.2632,4.7619,47.619,42.8571,38.0952,28.5714,33.3333,33.3333,28.5714,15.7895,16.6667,5.5556,10.5263,15.7895,46.1538,46.1538,30.7692,38.4615,38.4615,30.7692,30.7692,23.0769,30.7692,38.4615,30.7692,38.4615,61.2821,40.5128,40.5128,53.9394,58.0,51.6667,67.6667,75.2542,52.5424,48.4746,42.7119,44.0678,34.717,22.5532,4.2969,4.3636,5.3371,43.7326,43.454,25.3482,14.7632,14.7632,34.5404,48.1894,97.6562,92.3077,88.551,84.4101,56.0393,57.7247,54.4944,51.6854,38.2022,32.4438,59.8315,65.309,60.955,64.6067,61.6573,64.4663,58.7079,50.9831,57.5843,78.9941,85.9397,99.8688,93.2911,98.395,82.6379,74.4776,83.0269,75.389,86.2801,99.446,92.2343],"stroke":"#10243b","width":2.0},{"label":"From high","values":[-32.8358,-34.3284,-34.3284,-34.3284,-27.6923,-23.0769,-6.5574,-6.7797,-8.6207,-10.3448,-15.5172,-20.6897,-24.1379,-22.4138,-22.4138,-25.8621,-27.5862,-31.0345,-31.0345,-22.4138,-25.8621,-25.8621,-27.5862,-31.0345,-34.4828,-18.9655,-20.6897,-22.4138,-25.8621,-24.1379,-24.1379,-25.8621,-28.5714,-27.2727,-30.9091,-30.9091,-29.0909,-14.2857,-14.2857,-18.3673,-16.3265,-16.3265,-18.3673,-18.3673,-20.4082,-18.3673,-16.3265,-18.3673,-16.3265,-10.2721,-15.7823,-15.7823,-10.7801,-9.1304,-10.5072,-7.029,-5.3091,-10.1818,-11.0545,-12.2909,-12.0,-12.5818,-13.2364,-17.8182,-19.1273,-24.5091,-14.6909,-14.7636,-19.4909,-22.2545,-22.2545,-17.0909,-13.5273,-0.6429,-2.5166,-4.0635,-6.4236,-18.1134,-17.419,-18.75,-19.9074,-25.463,-27.8357,-16.5509,-14.294,-16.088,-14.5833,-15.7986,-14.6412,-17.0139,-20.1968,-17.4769,-8.2176,-5.6032,-0.0551,-2.8773,-0.6959,-6.9058,-9.1542,-6.2992,-9.1339,-5.0919,-0.2083,-2.9503],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[9.7561,7.3171,7.3171,7.3171,14.6341,21.9512,39.0244,34.1463,29.2683,26.8293,19.5122,12.1951,7.3171,9.7561,9.7561,4.878,2.439,2.5641,2.5641,15.3846,10.2564,10.2564,7.6923,2.5641,2.7027,27.027,24.3243,21.6216,16.2162,18.9189,18.9189,16.2162,8.1081,8.1081,2.7027,5.5556,8.3333,16.6667,16.6667,11.1111,13.8889,13.8889,11.1111,11.1111,8.3333,11.1111,13.8889,11.1111,13.8889,22.1296,14.6296,14.6296,16.4815,16.1111,14.3519,18.7963,20.5556,14.3519,13.2407,11.6667,12.037,8.2883,4.6491,0.983,1.0909,1.8646,15.4528,15.3543,8.9567,5.2165,5.2165,12.2047,17.0276,36.9094,44.8819,48.7205,59.1535,39.2717,40.4528,38.189,36.2205,26.7717,22.7362,41.9291,45.7677,42.7165,45.2756,43.2087,45.1772,41.1417,35.7283,40.3543,50.7605,56.9392,72.3384,70.057,75.3308,54.5778,41.6527,48.9983,44.4908,50.9182,59.9332,56.5109],"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":"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":[-1.6771,-1.6024,-1.5257,-1.4481,-1.2991,-1.0957,-0.7564,-0.5297,-0.394,-0.3071,-0.3073,-0.3758,-0.473,-0.5199,-0.5506,-0.6163,-0.6847,-0.7784,-0.8428,-0.7641,-0.7416,-0.7155,-0.7108,-0.7469,-0.8145,-0.6429,-0.525,-0.4505,-0.435,-0.3939,-0.3572,-0.3483,-0.4092,-0.4522,-0.5286,-0.5825,-0.5941,-0.5246,-0.4642,-0.4595,-0.4266,-0.396,-0.3914,-0.3833,-0.3966,-0.3785,-0.3361,-0.323,-0.2851,-0.1812,-0.1623,-0.1457,-0.115,-0.0929,-0.0896,-0.0478,0.0007,-0.0148,-0.0363,-0.0663,-0.0859,-0.1066,-0.1288,-0.195,-0.259,-0.3652,-0.3366,-0.3111,-0.3394,-0.3881,-0.4218,-0.3867,-0.3158,-0.0955,0.1429,0.3591,0.6089,0.6366,0.6606,0.6535,0.6246,0.5182,0.3963,0.4518,0.5212,0.5449,0.5781,0.5807,0.5921,0.5615,0.4873,0.4611,0.563,0.6882,0.9077,1.0502,1.2026,1.2157,1.1786,1.2063,1.1711,1.1917,1.2804,1.3026],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[-1.8982,-1.8391,-1.7764,-1.7107,-1.6284,-1.5219,-1.3688,-1.201,-1.0396,-0.8931,-0.7759,-0.6959,-0.6513,-0.625,-0.6102,-0.6114,-0.6261,-0.6565,-0.6938,-0.7078,-0.7146,-0.7148,-0.714,-0.7206,-0.7394,-0.7201,-0.681,-0.6349,-0.5949,-0.5547,-0.5152,-0.4818,-0.4673,-0.4643,-0.4772,-0.4982,-0.5174,-0.5188,-0.5079,-0.4982,-0.4839,-0.4663,-0.4513,-0.4377,-0.4295,-0.4193,-0.4027,-0.3867,-0.3664,-0.3294,-0.296,-0.2659,-0.2357,-0.2072,-0.1837,-0.1565,-0.1251,-0.103,-0.0897,-0.085,-0.0852,-0.0894,-0.0973,-0.1168,-0.1453,-0.1893,-0.2187,-0.2372,-0.2576,-0.2837,-0.3113,-0.3264,-0.3243,-0.2785,-0.1943,-0.0836,0.0549,0.1713,0.2691,0.346,0.4017,0.425,0.4193,0.4258,0.4449,0.4649,0.4875,0.5061,0.5233,0.531,0.5222,0.51,0.5206,0.5541,0.6249,0.7099,0.8085,0.8899,0.9476,0.9994,1.0337,1.0653,1.1083,1.1472],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[0.2211,0.2366,0.2507,0.2626,0.3293,0.4262,0.6124,0.6712,0.6456,0.586,0.4686,0.3201,0.1783,0.1052,0.0595,-0.0049,-0.0587,-0.1218,-0.1491,-0.0563,-0.027,-0.0007,0.0032,-0.0263,-0.0752,0.0772,0.1561,0.1844,0.16,0.1609,0.158,0.1335,0.0581,0.0121,-0.0515,-0.0843,-0.0767,-0.0058,0.0437,0.0387,0.0573,0.0704,0.0599,0.0544,0.0329,0.0408,0.0665,0.0637,0.0813,0.1482,0.1336,0.1202,0.1207,0.1143,0.094,0.1087,0.1257,0.0882,0.0534,0.0187,-0.0007,-0.0171,-0.0315,-0.0781,-0.1137,-0.1759,-0.1178,-0.0739,-0.0818,-0.1044,-0.1104,-0.0603,0.0085,0.1831,0.3371,0.4427,0.554,0.4653,0.3915,0.3075,0.2229,0.0932,-0.023,0.026,0.0763,0.0801,0.0906,0.0745,0.0687,0.0306,-0.0349,-0.0489,0.0424,0.1341,0.2829,0.3403,0.3941,0.3258,0.2309,0.2069,0.1374,0.1264,0.1721,0.1554],"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":"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":[8.4788,8.2144,8.1147,8.0221,7.8855,7.74,7.307,7.6812,7.9408,8.0648,8.5303,9.9904,10.3478,9.7126,9.3363,9.571,9.4391,9.9174,9.5662,8.8483,9.2629,8.9335,8.833,9.1479,9.6934,8.7972,8.8122,8.8408,9.5878,9.1877,9.1808,9.2216,9.9194,9.9252,10.0772,9.9213,9.3427,8.736,8.4521,8.598,8.1375,7.9047,7.8807,7.8535,7.8459,7.4605,7.107,6.9429,6.6382,6.6417,7.5574,7.7734,7.5009,7.2094,7.023,6.6783,6.5606,6.9662,6.7949,6.8308,6.9418,6.78,6.5468,6.9048,6.8815,7.4924,7.1734,7.0995,7.6763,7.789,7.4264,7.093,6.8316,6.5059,6.3978,6.4729,6.6635,8.4792,8.7033,8.7177,8.8571,9.6139,9.8737,9.1719,8.741,8.6941,8.41,8.5946,8.4584,8.5769,8.8051,8.6881,8.1499,7.975,7.3858,7.1978,6.7501,7.1625,7.2069,7.1946,7.2563,6.8619,6.5159,6.7733],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[38.799,35.4886,32.6605,29.577,24.7097,24.0615,30.7459,33.9493,35.3344,36.0933,36.0933,36.0933,36.5512,36.5512,36.2749,36.6508,36.6508,37.3143,39.5157,39.654,40.195,40.5035,41.1947,42.8605,45.8664,45.2604,39.3296,33.8767,29.2283,24.0667,21.2666,20.5228,21.4452,21.8495,23.3744,25.0731,25.9518,25.5551,25.1198,24.7908,24.7762,24.7241,25.0069,25.0069,24.4011,21.656,19.0181,16.9663,16.2511,16.2186,14.495,13.5185,13.8265,14.0053,12.6834,11.6646,11.7472,11.6328,11.5358,11.4482,11.5813,11.8009,11.9131,13.8091,15.6328,20.6386,20.8936,21.1152,22.4904,23.1024,24.7177,24.6839,24.0266,28.1537,34.7982,40.9576,49.581,51.0647,52.45,53.1477,53.4504,53.1241,52.7751,52.4365,51.8254,48.437,47.7332,46.4098,43.3261,37.9624,31.2468,25.7979,22.8615,25.7775,33.3519,38.0265,42.9701,44.4707,45.0208,46.2004,45.8417,44.1656,42.2424,42.5486],"stroke":"#b87806","width":1.7}],"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"]}]},"canonical_url":"https://sharemaestro.com/terminal/1646c509-7207-4eb1-943d-18c3fd8bb7d2/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/1646c509-7207-4eb1-943d-18c3fd8bb7d2/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/1646c509-7207-4eb1-943d-18c3fd8bb7d2/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/1646c509-7207-4eb1-943d-18c3fd8bb7d2/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/1646c509-7207-4eb1-943d-18c3fd8bb7d2/technical-pack/data.json"},"source_fingerprint":"1c8ea90c72c38c37d83a1d7a8350b3eed419ac2c8c3df2859e554866d1800b99","content_hash":"f6c8de7ed89be9544c30e276541ec209377f876f49a04b07561de716f6136dbd","citation":"Sharemaestro, WEF Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/1646c509-7207-4eb1-943d-18c3fd8bb7d2/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."}