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The completed evidence supports the upward price structure.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Strength versus the research benchmark, Acceleration, deceleration and rollover, Range position and boundary pressure, Activity pressure and cumulative balance, Directional strength and control."},{"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":67,"displayedObservations":67,"assetType":"Equity","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics remains positive and was little changed this week. 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Extension can persist; a rollover has not been confirmed.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":0.0,"averageReturn":-18.8,"sample":1},"nowContext":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened 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":"Trend participation","title":"Let confirmation support the position, then manage extension","tone":"positive","approach":"This is most useful for holding or selectively adding to an established upward case. Risk should still tighten as price becomes extended; confirmation is support, not immunity from reversal.","finding":"In this ticker's completed record, 0.0% of comparable cases moved higher after 12 weeks, with an average move of -18.8% across 1 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 16.2% across 3 completed cases, with the largest move arriving after 8.0 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["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":[3.4355,3.5348,3.4355,3.5547,3.5993,3.4601,3.48,3.6391,3.7186,3.6788,3.6589,3.6589,3.5595,3.6788,3.5595,3.6788,3.6589,3.5844,3.5048,3.4848,3.5844,3.5048,3.4052,3.2061,3.3654,3.3056,3.1463,3.3255,2.987,3.1861,3.2459,3.3319,3.3718,3.3917,3.4117,3.3917,3.2521,3.2122,3.2122,2.853,2.6136,2.5139,2.6136,2.92,2.74,2.84,2.78,2.7531,2.8528,2.9725,2.8728,2.8528,2.773,2.5536,2.6134,2.7531,2.78,2.7,2.84,2.96,3.12,2.92,3.1,2.96,3.22,3.44,3.52],"consensus":[42.8573,99.9987,-55.5548,26.3636,48.7502,-25.5643,15.9662,48.0722,45.3609,16.383,14.3859,16.0888,-31.2271,38.1619,-15.6646,38.4954,0.0,-26.5341,-30.8822,-25.3287,27.5273,-27.6805,-49.1132,-69.1445,-8.774,-38.9092,-64.6321,26.9947,-74.4042,0.0,12.9547,16.7503,20.9404,19.549,23.8742,12.647,-36.4583,-25.6727,-9.661,-72.4576,-74.9071,-68.6898,-11.9754,31.3072,-39.904,15.2881,-23.6681,-15.4021,8.7029,38.8128,-19.5937,0.0,-24.9408,-61.5242,0.0,13.9984,12.6513,-22.1271,16.9681,25.404,63.6373,0.0,67.0304,-14.8344,58.7354,74.7484,51.5335],"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":[40.6394,0.0,-16.852,-29.9313,-16.2582,32.4848,-25.3429,-43.1133,-66.0481,-3.8102,-34.1921,-70.4932,28.0677,-72.3733,0.0,7.6795,21.077,10.9725,14.3718,22.3619,11.8734,-39.7106,-20.1389,-3.0066,-68.3931,-73.8595,-64.5013,-0.6794,32.1259,-53.7135,1.5569,-36.588,-6.7343,0.1538,45.7228,-31.945,0.0,-26.8398,-62.5169,0.0,17.62,20.607,-44.5564,4.2398,13.9718,73.1067,0.0,63.3942,-27.2863,52.5783,75.5747,43.1106],"force":[55.7526,0.0,-56.4972,-38.3692,-20.9941,72.2016,-34.5788,-70.9704,-86.7291,-17.9554,-37.1524,-64.6675,72.8429,-94.7257,0.0,47.2378,30.5405,26.8085,15.1202,16.9599,6.0845,-45.3838,-22.4165,-4.5226,-95.0961,-86.8619,-73.553,-43.2297,88.0859,-43.5922,58.5492,-23.2388,-0.5263,28.9342,44.8771,-37.8949,0.0,-26.1981,-74.1518,0.0,49.3762,16.4862,-19.1004,17.7723,13.9612,52.5658,0.0,88.5862,-40.6242,80.7588,83.8014,40.293],"direction":[23.7186,0.0,-16.1973,-26.6211,-38.7912,10.0485,-25.4246,-40.3579,-60.1227,-42.2484,-45.5551,-57.9084,6.9803,-62.2097,0.0,5.5045,1.9554,28.1408,28.6292,30.5414,18.2185,-26.3662,-34.323,-34.2694,-60.9323,-67.5652,-70.003,-65.8703,10.1846,-21.4871,0.08,-9.2092,-36.6855,4.3739,26.5839,-7.5944,0.0,-21.8724,-51.37,0.0,15.4103,0.8199,-1.3444,30.9404,46.6429,60.7232,0.0,55.7891,-17.8175,50.0412,67.3375,69.1886],"intensity":[66.6667,43.75,47.0588,22.2222,21.0526,55.0,28.5714,59.0909,91.3043,79.1667,20.0,80.7692,85.1852,100.0,89.6552,63.3333,64.5161,25.0,6.0606,11.7647,22.8571,66.6667,78.3784,23.6842,100.0,100.0,60.9756,47.619,93.0233,79.5455,46.6667,21.7391,48.9362,72.9167,59.1837,60.0,74.5098,25.0,88.4615,55.7692,78.8462,63.4615,28.8462,63.4615,61.5385,80.7692,90.3846,84.6154,61.5385,94.2308,90.3846,90.3846],"confirmation":[80.8118,3.7497,77.5516,78.125,76.1113,34.9051,77.1036,84.4738,90.7093,6.8282,80.4693,88.594,56.8417,92.4596,33.2753,29.1117,51.0478,75.0317,74.1996,75.4521,49.1922,79.8891,76.2004,27.1252,91.9383,92.3506,90.1928,11.7098,36.5756,80.6712,29.0865,75.3638,27.3543,26.2359,80.4996,53.593,1.5397,75.9904,88.0575,8.0134,31.4567,49.3774,52.2668,50.9816,75.9548,87.8822,32.8625,90.1621,31.811,87.5604,92.1828,92.2765],"persistence":[50.0,37.5,12.5,12.5,37.5,12.5,37.5,37.5,62.5,75.0,75.0,75.0,50.0,75.0,62.5,37.5,12.5,12.5,37.5,62.5,62.5,62.5,50.0,25.0,0.0,25.0,50.0,75.0,75.0,75.0,50.0,50.0,50.0,25.0,0.0,0.0,12.5,12.5,37.5,25.0,0.0,0.0,25.0,0.0,12.5,37.5,50.0,62.5,37.5,37.5,62.5,62.5],"assessmentRisk":[8.9438,37.1603,25.1783,12.4033,36.1792,50.3229,24.5583,17.4776,15.1599,43.9509,28.2883,17.0133,25.1945,12.4059,35.5672,21.9996,6.3459,38.8047,33.7895,27.8336,12.5861,15.6562,30.2383,39.9598,13.639,12.5108,15.6506,44.0031,4.3925,52.9845,40.5848,50.5312,31.1937,25.297,13.4879,34.7586,26.9864,13.1539,19.0026,44.4533,37.7636,3.1655,55.7949,40.1987,35.1785,17.9268,50.6407,14.587,7.4172,0.2685,12.5048,24.0468],"volumeParticipation":true,"latest":{"consensus":51.5,"control":43.1,"force":40.3,"direction":69.2,"confirmation":92.3,"persistence":62.5,"assessmentRisk":24.0,"intensity":90.4,"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":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+51.5","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+43.1","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+40.3","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+69.2","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"92/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"64.3","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"5.4%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"23.8","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"97%","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 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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 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}