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This is an early repair watch until price confirms it.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price remains in a downward structure","detail":"Improving Market Dynamics has not yet produced a positive price response."}},"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":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 5.9% across 2 completed cases, with the largest move arriving after 2.0 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":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[5.8914,5.882,5.0739,4.6041,4.2564,4.1907,4.7263,5.1209,4.5383,4.1813,4.341,4.247,4.4538,4.2283,4.2001,3.9746,3.7303,3.7209,3.8242,3.9182,3.96,4.0,3.95,3.9,3.8,3.68,3.76,3.77,3.4,2.9,3.18,2.99,2.92,2.88,2.83,2.71,3.34,3.0],"consensus":[-89.785,-68.2927,-56.3635,-58.0,-33.8976,-18.434,0.0,11.2217,-17.9762,-15.4132,0.0,-23.5155,8.9198,-14.8839,0.0,-24.6837,-24.9017,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-10.8413,-18.6526,-16.0421,-17.8172,-36.0585,-40.1344,0.0,-25.5176,-37.7398,-19.6953,-25.6314,-33.7044,40.8809,-11.9103],"supportDates":["2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,null,null,null,null,-13.3959,0.0,12.937,-25.9974,-18.1935,0.0,-28.0571,18.9275,-20.983,0.0,-32.6503,-28.9677,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-12.5891,-22.2947,-23.1984,-28.1718,-40.8076,-43.3109,0.0,-19.1192,-47.0627,-24.3861,-25.6878,-36.7139,41.8311,-11.4088],"force":[-89.785,-68.2927,-56.3635,-58.0,-19.2362,-6.9592,0.0,17.3376,-20.3748,-10.9184,0.0,-16.2827,16.6826,-11.3149,0.0,-18.2746,-18.3158,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-7.5415,-13.788,-11.0152,-13.5098,-39.7346,-28.0057,0.0,-13.7237,-21.8119,-3.0909,-10.6526,-24.1278,68.4863,-19.9514],"direction":[null,null,null,null,-44.37,-32.3882,0.0,4.893,-7.0958,-15.4463,0.0,-23.4913,8.0623,-10.4629,0.0,-20.1569,-24.959,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-11.2009,-17.965,-11.4541,-9.0601,-28.0051,-45.1674,0.0,-41.2543,-38.4621,-26.1947,-36.266,-37.1054,20.0769,-6.7399],"intensity":[null,null,null,null,25.0,20.0,66.6667,28.5714,50.0,55.5556,10.0,9.0909,25.0,30.7692,21.4286,33.3333,50.0,17.6471,5.5556,10.5263,25.0,4.7619,4.5455,8.6957,16.6667,20.0,30.7692,48.1481,78.5714,79.3103,66.6667,64.5161,12.5,3.0303,14.7059,42.8571,86.1111,64.8649],"confirmation":[51.3979,44.5203,40.703,41.2267,55.5103,50.9593,24.3793,49.0845,51.0366,72.7529,24.9682,75.2353,27.3251,72.5612,24.5164,75.5821,75.7059,25.671,25.1844,24.3072,24.2134,1.2887,1.4096,48.4069,48.6754,73.7651,72.8712,73.4124,79.5784,80.425,29.3836,75.9037,79.4493,51.0583,75.7447,78.4477,81.9087,57.3973],"persistence":[null,null,100.0,100.0,100.0,100.0,85.7143,62.5,62.5,62.5,50.0,50.0,25.0,25.0,25.0,50.0,50.0,37.5,37.5,25.0,37.5,25.0,25.0,12.5,12.5,25.0,37.5,50.0,62.5,75.0,75.0,87.5,87.5,87.5,87.5,87.5,62.5,62.5],"assessmentRisk":[null,null,null,null,33.0501,40.7821,32.3898,35.6642,37.2319,6.5868,34.5448,37.0875,15.1689,13.6811,15.8191,22.162,36.6767,43.895,40.5124,9.6477,41.8426,44.7088,34.08,9.7657,36.406,40.3132,39.0487,32.6196,31.7269,29.9202,48.1564,37.2072,30.4962,4.5266,34.9974,28.6009,25.4233,26.2521],"volumeParticipation":true,"latest":{"consensus":-11.9,"control":-11.4,"force":-20.0,"direction":-6.7,"confirmation":57.4,"persistence":62.5,"assessmentRisk":26.3,"intensity":64.9,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Follow-through is limited","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-11.9","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-11.4","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-20.0","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-6.7","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"57/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"37.7","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"18.1%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"40.3","detail":"Directional","tone":"positive"},{"label":"Range position","value":"17%","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 downward.","series":[{"label":"Close","values":[5.8914,5.882,5.0739,4.6041,4.2564,4.1907,4.7263,5.1209,4.5383,4.1813,4.341,4.247,4.4538,4.2283,4.2001,3.9746,3.7303,3.7209,3.8242,3.9182,3.96,4.0,3.95,3.9,3.8,3.68,3.76,3.77,3.4,2.9,3.18,2.99,2.92,2.88,2.83,2.71,3.34,3.0],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,5.3022,5.1001,5.0321,5.0483,4.9555,4.8148,4.7286,4.6411,4.607,4.5381,4.4767,4.3854,4.2663,4.1671,4.1048,4.0708,4.0507,4.0415,4.0248,4.0021,3.9654,3.9135,3.8856,3.8646,3.7801,3.6201,3.5401,3.4401,3.3455,3.2609,3.1825,3.0966,3.1409,3.1153],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,5.0912,5.0273,4.966,4.8926,4.8065,4.7261,4.6593,4.6044,4.5566,4.5154,4.4735,4.431,4.3843,4.3321,4.2897,4.2512,4.1882,4.0928,4.0252,3.9485,3.8723,3.7988,3.727,3.6517,3.6286,3.582],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,6.0598,5.9933,5.9367,5.8784,5.8307,5.7867,5.7578,5.7481,5.7315,5.7028,5.669,5.3942,5.0383,4.8974,4.8495,4.8445,4.8481,4.7606,4.5094,4.4575,4.5587,4.5339,4.5326,4.4725,4.4396,4.3955,4.3849,4.3607,4.3396],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,3.6333,3.6078,3.5722,3.5842,3.56,3.538,3.4809,3.386,3.3086,3.264,3.2414,3.323,3.4908,3.5192,3.4967,3.4561,3.4014,3.3922,3.5084,3.4464,3.2171,3.1258,3.0014,2.9082,2.8062,2.7133,2.5975,2.5827,2.5316],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[0.0,-0.1595,-13.8756,-21.8501,-27.7512,-28.8676,-19.7767,-13.0781,-22.9665,-29.0271,-26.3158,-27.9107,-24.4019,-28.2297,-28.7081,-32.5359,-36.6826,-36.8421,-35.0877,-33.4928,-32.783,-32.1041,-32.9528,-33.8015,-35.4989,-37.5357,-36.1778,-36.0081,-42.2885,-50.7754,-46.0227,-49.2478,-50.436,-51.1149,-51.9636,-54.0005,-43.3069,-49.078],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,22.1973,8.296,0.0,3.8202,1.573,6.5168,1.1236,0.4494,0.0,0.0,0.0,2.7778,5.303,6.4269,7.5019,6.1581,4.8143,2.1268,0.0,2.1739,2.4457,0.0,0.0,9.6552,3.1034,0.6897,0.0,0.0,0.0,23.2472,10.7011],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,30.736,30.0045,30.7058,32.3511,33.8787,35.7747,37.5352,39.2642,41.0282,42.7315,41.4428,40.2936],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,2.796,2.7539,2.722,2.6783,2.6487,3.4073,4.1962,5.1771,5.0734,4.9768,4.9207,4.7966,4.7047,5.8862,5.8642,5.5935,5.2458,5.0966,4.8931,4.8547,4.8139,4.6869,4.5936,11.9162,11.1472],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,5.4382,6.0259,6.0452,7.4588,7.9293,7.8068,7.6746,7.5055,7.7679,8.1136,8.0222,8.9235,9.169,8.921,8.8876,12.9968,17.4334,16.9373,19.8332,19.6774,20.3514,21.3225,21.5615,19.7293,18.7196],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,40.227,38.1796,37.903,38.1124,35.8763,32.9223,30.3514,28.5139,26.7482,25.6402,24.3887,23.8442,23.3094,21.7728,20.2398,21.8477,25.3613,22.1052,22.7384,21.7916,20.6897,20.0813,19.868,16.3591,18.0788],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,50.0669,49.6918,49.7323,48.4902,48.3602,48.2305,49.2891,51.7194,53.6036,54.3961,54.4895,47.5209,36.2878,32.7478,32.4177,33.4527,35.0725,33.5679,24.9679,25.5856,34.5079,36.7663,40.6478,42.3901,45.0872,47.3256,51.1979,51.2147,52.6246],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,21.7626,10.6115,4.4643,7.5,5.7143,9.6428,5.3571,4.8214,0.5357,1.3536,2.99,4.8173,6.4784,7.2177,7.9248,7.0409,6.1569,4.389,2.2676,5.7422,9.3666,4.777,5.3164,15.9491,8.734,6.1862,4.7255,5.6175,1.6392,36.0628,17.485],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-44.3878,-50.7143,-54.5918,-52.8571,-53.8775,-51.6327,-54.0816,-54.3878,-56.8367,-59.4898,-59.5918,-58.4694,-57.449,-56.9949,-56.5605,-57.1035,-57.6465,-58.7324,-60.0356,-47.6224,-35.9059,-36.9597,-46.2303,-41.0388,-44.5616,-45.3837,-45.6544,-37.2525,-39.9132,-25.9446,-33.4832],"stroke":"#c13f3f","width":1.5},{"label":"From 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