{"schema_version":"1.0","name":"ASTL Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"1b60df28-e9ef-456e-a525-19110dd3bd60","symbol":"ASTL","name":"Algoma Steel Group Inc.","exchange":"TOR","country":"CA","asset_type":"equity","currency":"CAD","sector":"Basic Materials","industry":"Steel"},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has not yet established a clear direction.","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, Drawdown and recovery pressure, Activity pressure and cumulative balance, Directional strength and control, 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":252,"displayedObservations":104,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has not yet established a clear direction.","evidenceAlignment":{"status":"Repair in progress","headline":"Market Dynamics is improving while price remains rotational","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has not yet established a clear direction.","take":"Treat the repair as constructive context until price confirms it.","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":[1.400033,1.364383,1.366009,1.366446,1.38445,1.209386,0.966485,0.718979,0.488206,0.255888,0.280586,0.448818,0.523079,0.674443,0.677321,0.333343,0.117324,-0.160067,-0.499673,-0.742547,-1.008646,-1.132064,-1.254771,-1.300038,-1.30713,-1.340297,-1.373282,-1.279803,-1.18835,-1.115725,-1.027727,-1.094038,-1.094038,-1.094038,-1.155341,-1.085499,-1.031125,-0.866488,-0.641361,-0.518837,-0.377909,-0.085538,0.293915,0.74313,1.026361,1.012493,0.970092,0.902234,0.861599,0.708018,0.351636,0.009409,-0.264916,-0.410677,-0.373249,-0.353971,-0.32359,-0.314351,-0.350051,-0.39118,-0.426156,-0.288437,-0.179386,-0.09458,-0.081865,-0.216618,-0.025907,0.044265,0.242342,0.448063,0.349822,0.366208,0.420977,0.540738,0.743395,0.849863,0.961997,1.134249,1.172558,1.275003,1.110688,0.70312,0.26094,-0.07472,-0.2581,-0.140546,0.059014,0.125161,0.259518,0.36509,0.533017,0.602367,0.776766,0.701428,0.606825,0.639132,0.355133,-0.054635,-0.551407,-0.876381,-0.889479,-0.735349,-0.505109,-0.387134],"opens":[12.96104,12.93949,13.977783,13.713314,13.713313,13.096214,13.390071,13.154986,13.439046,13.390071,13.35089,14.643858,15.829079,14.918125,15.60379,14.751378,14.151089,14.210133,13.334302,13.836183,12.783215,11.631841,11.85818,12.478151,10.992189,11.356298,11.12996,10.696963,10.372217,9.004344,9.270045,8.808879,8.074806,6.368582,6.646339,6.49754,7.092735,7.896247,8.63032,8.03,7.47,6.64,8.25,8.42,9.39,9.2,9.39,9.48,9.61,8.4,7.12,6.3,6.29,6.79,6.62,7.1,6.33,6.01,5.83,4.76,5.16,5.41,6.28,5.92,5.49,4.99,4.77,5.88,5.73,6.25,5.99,5.65,5.35,5.92,6.07,6.15,5.7,6.33,6.6,6.74,6.14,5.84,4.84,5.0,5.63,5.77,6.49,6.36,6.27,6.6,7.02,7.12,6.59,7.58,6.58,6.35,5.9,5.41,5.07,5.1,5.4,6.1,5.52,5.66],"highs":[13.048747,14.144303,13.977783,14.183483,13.80147,13.879832,13.634951,13.605565,13.703517,13.536999,14.643858,16.485361,16.328636,16.024986,15.60379,14.869468,14.879309,14.318383,14.141249,13.993636,12.822579,12.320699,12.635604,12.478151,12.232131,11.799134,11.425184,10.696963,10.598557,9.516066,9.299568,9.027117,8.074806,6.963776,6.914176,7.340732,7.955767,8.352563,8.838639,8.03,7.77,8.09,8.9,9.84,9.65,9.87,9.8,9.92,9.84,8.54,7.12,6.53,6.87,7.17,7.2,7.1,6.63,6.04,6.355,5.47,6.24,6.59,6.37,5.99,5.49,5.15,5.96,5.9,6.54,6.36,6.25,5.76,6.03,6.62,6.46,6.49,6.4,7.25,7.01,6.74,6.53,5.99,5.24,5.95,5.96,6.6,7.02,6.58,6.61,7.24,7.44,7.27,7.95,7.58,7.0,6.39,6.01,5.63,5.18,5.41,6.34,6.29,6.24,6.42],"lows":[12.551744,12.93949,13.243142,13.301914,12.919899,12.9199,13.125599,12.968875,13.243142,12.861129,13.35089,14.114916,14.800582,14.918125,14.379387,14.032999,13.80666,13.127644,13.334302,12.645444,11.543273,11.316935,11.769612,11.61216,10.992189,11.080756,10.519829,9.732564,9.014185,7.419973,8.590641,8.064886,6.378501,5.862666,6.229703,6.358661,5.951945,7.191934,7.81,7.3,7.14,6.45,7.94,8.31,8.78,8.92,9.28,9.09,8.11,7.01,6.24,5.93,6.01,6.67,6.42,6.27,6.05,5.47,4.2,4.57,5.04,5.0,5.01,4.96,4.97,4.46,4.63,5.3,5.57,5.91,5.6,5.28,5.35,5.8,5.6,5.68,5.61,5.82,6.06,6.11,5.82,4.63,4.62,5.0,5.455,5.71,6.425,6.03,6.07,6.34,6.44,6.31,6.54,6.895,6.58,6.26,5.83,5.39,4.96,5.05,5.16,5.08,5.5,5.66],"closes":[12.861129,14.016966,13.654541,13.693722,12.988466,13.605566,13.262732,13.478227,13.517408,13.350889,14.418569,15.848672,14.918124,15.388296,14.780901,14.16093,14.141248,13.294938,13.91491,12.724171,11.671204,11.848339,12.507673,11.651523,11.730249,11.159482,10.608397,10.431262,9.024026,9.250363,8.789039,8.134325,6.616579,6.438021,6.606659,7.072895,7.916087,8.293043,8.03,7.4,7.26,8.03,8.34,9.4,9.13,9.47,9.57,9.62,8.53,7.09,6.26,6.3,6.81,6.68,7.11,6.31,6.07,5.51,4.62,4.95,5.3,6.29,5.86,5.39,5.01,4.76,5.9,5.72,6.22,6.01,5.72,5.39,5.9,6.11,6.21,5.7,6.3,6.58,6.77,6.25,5.97,4.74,4.92,5.49,5.77,6.5,6.5,6.18,6.56,7.04,7.18,6.53,7.78,6.94,6.99,6.29,5.94,5.51,5.13,5.36,6.09,5.39,5.68,5.94],"pressureRange":[-1.60704,1.60704],"priceRange":[4.62,15.848672],"zones":{"accumulationBoundary":0.06,"distributionBoundary":0.94},"latest":-0.387134,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Underlying pressure is repairing","detail":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","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 below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","annotations":[{"label":"Current tape relationship","value":"Underlying pressure is repairing","detail":"Market Dynamics improved this week but remains below zero.","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":"17 Apr 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Repairing","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":224,"relationship":{"sameWeekCorrelation":0.32,"forwardCorrelation":-0.09,"directionalAgreement":51.4,"sample":216,"correlationSample":223,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":4,"completedEpisodes":4,"activeEpisodes":0,"averageWeeksInZone":1.8,"medianWeeksInZone":2.0,"averageWeeksToHigher":1.2,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":4,"expectedCount":4,"expectedPercent":100.0,"medianReturn":25.5,"averageReturn":24.7,"confidenceLow":51.0,"confidenceHigh":100.0,"confidence":"Historically consistent"},{"weeks":12,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":25.7,"averageReturn":32.0,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":34.1,"averageReturn":34.1,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.6,"sample":4},{"week":2,"averageReturn":16.8,"sample":4},{"week":3,"averageReturn":19.3,"sample":4},{"week":4,"averageReturn":24.7,"sample":4},{"week":5,"averageReturn":22.4,"sample":4},{"week":6,"averageReturn":17.7,"sample":3},{"week":7,"averageReturn":16.3,"sample":3},{"week":8,"averageReturn":31.3,"sample":3},{"week":9,"averageReturn":32.4,"sample":3},{"week":10,"averageReturn":32.1,"sample":3},{"week":11,"averageReturn":36.0,"sample":3},{"week":12,"averageReturn":32.0,"sample":3},{"week":13,"averageReturn":31.8,"sample":3},{"week":14,"averageReturn":31.8,"sample":3},{"week":15,"averageReturn":27.4,"sample":3},{"week":16,"averageReturn":23.3,"sample":3},{"week":17,"averageReturn":8.7,"sample":3},{"week":18,"averageReturn":15.9,"sample":3},{"week":19,"averageReturn":26.8,"sample":3},{"week":20,"averageReturn":25.1,"sample":3},{"week":21,"averageReturn":28.3,"sample":3},{"week":22,"averageReturn":28.1,"sample":3},{"week":23,"averageReturn":13.0,"sample":2},{"week":24,"averageReturn":18.7,"sample":2},{"week":25,"averageReturn":29.7,"sample":2},{"week":26,"averageReturn":34.1,"sample":2}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1.0,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-12.1,"averageReturn":-12.1,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-27.0,"averageReturn":-27.0,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-49.8,"averageReturn":-49.8,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-4.9,"sample":2},{"week":2,"averageReturn":-5.4,"sample":2},{"week":3,"averageReturn":-7.4,"sample":2},{"week":4,"averageReturn":-12.1,"sample":2},{"week":5,"averageReturn":-10.2,"sample":2},{"week":6,"averageReturn":-16.7,"sample":2},{"week":7,"averageReturn":-18.2,"sample":2},{"week":8,"averageReturn":-21.4,"sample":2},{"week":9,"averageReturn":-22.5,"sample":2},{"week":10,"averageReturn":-24.8,"sample":2},{"week":11,"averageReturn":-22.4,"sample":2},{"week":12,"averageReturn":-27.0,"sample":2},{"week":13,"averageReturn":-28.5,"sample":2},{"week":14,"averageReturn":-30.9,"sample":2},{"week":15,"averageReturn":-37.2,"sample":2},{"week":16,"averageReturn":-37.0,"sample":2},{"week":17,"averageReturn":-43.0,"sample":2},{"week":18,"averageReturn":-44.4,"sample":2},{"week":19,"averageReturn":-50.8,"sample":2},{"week":20,"averageReturn":-53.4,"sample":2},{"week":21,"averageReturn":-57.7,"sample":2},{"week":22,"averageReturn":-56.7,"sample":2},{"week":23,"averageReturn":-53.4,"sample":2},{"week":24,"averageReturn":-50.7,"sample":2},{"week":25,"averageReturn":-48.9,"sample":2},{"week":26,"averageReturn":-49.8,"sample":2}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":16,"completedEpisodes":16,"activeEpisodes":0,"medianExpectedMove":11.1,"averageExpectedMove":14.5,"averageWeeksToLargestMove":5.4,"horizons":[{"weeks":4,"sample":16,"expectedCount":9,"expectedPercent":56.2,"averageReturn":1.5,"medianReturn":4.4,"confidenceLow":33.2,"confidenceHigh":76.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":16,"expectedCount":7,"expectedPercent":43.8,"averageReturn":-5.4,"medianReturn":-7.0,"confidenceLow":23.1,"confidenceHigh":66.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":15,"expectedCount":5,"expectedPercent":33.3,"averageReturn":-10.8,"medianReturn":-11.1,"confidenceLow":15.2,"confidenceHigh":58.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.7,"sample":16},{"week":2,"averageReturn":1.2,"sample":16},{"week":3,"averageReturn":2.5,"sample":16},{"week":4,"averageReturn":1.5,"sample":16},{"week":5,"averageReturn":0.5,"sample":16},{"week":6,"averageReturn":1.8,"sample":16},{"week":7,"averageReturn":-0.4,"sample":16},{"week":8,"averageReturn":-3.9,"sample":16},{"week":9,"averageReturn":-5.4,"sample":16},{"week":10,"averageReturn":-5.2,"sample":16},{"week":11,"averageReturn":-5.5,"sample":16},{"week":12,"averageReturn":-5.4,"sample":16},{"week":13,"averageReturn":-6.8,"sample":16},{"week":14,"averageReturn":-6.9,"sample":16},{"week":15,"averageReturn":-8.4,"sample":16},{"week":16,"averageReturn":-9.2,"sample":16},{"week":17,"averageReturn":-8.3,"sample":16},{"week":18,"averageReturn":-9.0,"sample":15},{"week":19,"averageReturn":-7.1,"sample":15},{"week":20,"averageReturn":-9.1,"sample":15},{"week":21,"averageReturn":-8.4,"sample":15},{"week":22,"averageReturn":-9.6,"sample":15},{"week":23,"averageReturn":-12.4,"sample":15},{"week":24,"averageReturn":-13.5,"sample":15},{"week":25,"averageReturn":-11.0,"sample":15},{"week":26,"averageReturn":-10.8,"sample":15}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":21,"completedEpisodes":19,"activeEpisodes":2,"medianExpectedMove":9.4,"averageExpectedMove":14.3,"averageWeeksToLargestMove":6.3,"horizons":[{"weeks":4,"sample":20,"expectedCount":11,"expectedPercent":55.0,"averageReturn":0.5,"medianReturn":-1.1,"confidenceLow":34.2,"confidenceHigh":74.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":19,"expectedCount":9,"expectedPercent":47.4,"averageReturn":1.0,"medianReturn":2.5,"confidenceLow":27.3,"confidenceHigh":68.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":18,"expectedCount":9,"expectedPercent":50.0,"averageReturn":3.0,"medianReturn":0.8,"confidenceLow":29.0,"confidenceHigh":71.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.2,"sample":21},{"week":2,"averageReturn":1.0,"sample":21},{"week":3,"averageReturn":0.4,"sample":20},{"week":4,"averageReturn":0.5,"sample":20},{"week":5,"averageReturn":1.2,"sample":20},{"week":6,"averageReturn":1.1,"sample":20},{"week":7,"averageReturn":-1.6,"sample":19},{"week":8,"averageReturn":-1.9,"sample":19},{"week":9,"averageReturn":-1.0,"sample":19},{"week":10,"averageReturn":-0.8,"sample":19},{"week":11,"averageReturn":-1.6,"sample":19},{"week":12,"averageReturn":1.0,"sample":19},{"week":13,"averageReturn":0.4,"sample":19},{"week":14,"averageReturn":-0.2,"sample":19},{"week":15,"averageReturn":-4.1,"sample":19},{"week":16,"averageReturn":-1.8,"sample":19},{"week":17,"averageReturn":-3.4,"sample":19},{"week":18,"averageReturn":-2.9,"sample":19},{"week":19,"averageReturn":-1.6,"sample":19},{"week":20,"averageReturn":1.5,"sample":19},{"week":21,"averageReturn":2.8,"sample":18},{"week":22,"averageReturn":1.8,"sample":18},{"week":23,"averageReturn":2.4,"sample":18},{"week":24,"averageReturn":0.8,"sample":18},{"week":25,"averageReturn":-0.4,"sample":18},{"week":26,"averageReturn":3.0,"sample":18}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":20,"completedEpisodes":18,"activeEpisodes":2,"medianExpectedMove":11.9,"averageExpectedMove":15.5,"averageWeeksToLargestMove":6.3,"horizons":[{"weeks":4,"sample":18,"expectedCount":12,"expectedPercent":66.7,"averageReturn":-2.1,"medianReturn":-3.5,"confidenceLow":43.7,"confidenceHigh":83.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":9,"expectedPercent":50.0,"averageReturn":0.6,"medianReturn":1.7,"confidenceLow":29.0,"confidenceHigh":71.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":17,"expectedCount":7,"expectedPercent":41.2,"averageReturn":3.4,"medianReturn":13.1,"confidenceLow":21.6,"confidenceHigh":64.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.2,"sample":20},{"week":2,"averageReturn":-0.5,"sample":19},{"week":3,"averageReturn":-1.2,"sample":19},{"week":4,"averageReturn":-2.1,"sample":18},{"week":5,"averageReturn":0.7,"sample":18},{"week":6,"averageReturn":-0.9,"sample":18},{"week":7,"averageReturn":2.8,"sample":18},{"week":8,"averageReturn":2.3,"sample":18},{"week":9,"averageReturn":0.0,"sample":18},{"week":10,"averageReturn":-0.8,"sample":18},{"week":11,"averageReturn":-0.9,"sample":18},{"week":12,"averageReturn":0.6,"sample":18},{"week":13,"averageReturn":-1.5,"sample":18},{"week":14,"averageReturn":-1.8,"sample":18},{"week":15,"averageReturn":-2.1,"sample":18},{"week":16,"averageReturn":-1.3,"sample":18},{"week":17,"averageReturn":0.7,"sample":18},{"week":18,"averageReturn":3.4,"sample":18},{"week":19,"averageReturn":4.3,"sample":17},{"week":20,"averageReturn":2.2,"sample":17},{"week":21,"averageReturn":1.0,"sample":17},{"week":22,"averageReturn":4.7,"sample":17},{"week":23,"averageReturn":3.8,"sample":17},{"week":24,"averageReturn":4.2,"sample":17},{"week":25,"averageReturn":2.0,"sample":17},{"week":26,"averageReturn":3.4,"sample":17}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":15,"completedEpisodes":14,"activeEpisodes":1,"medianExpectedMove":12.2,"averageExpectedMove":12.8,"averageWeeksToLargestMove":5.2,"horizons":[{"weeks":4,"sample":15,"expectedCount":3,"expectedPercent":20.0,"averageReturn":-7.0,"medianReturn":-6.8,"confidenceLow":7.0,"confidenceHigh":45.2,"confidence":"Historically adverse"},{"weeks":12,"sample":14,"expectedCount":2,"expectedPercent":14.3,"averageReturn":-10.7,"medianReturn":-13.2,"confidenceLow":4.0,"confidenceHigh":39.9,"confidence":"Historically adverse"},{"weeks":26,"sample":13,"expectedCount":3,"expectedPercent":23.1,"averageReturn":-13.4,"medianReturn":-9.6,"confidenceLow":8.2,"confidenceHigh":50.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.8,"sample":15},{"week":2,"averageReturn":-5.1,"sample":15},{"week":3,"averageReturn":-4.9,"sample":15},{"week":4,"averageReturn":-7.0,"sample":15},{"week":5,"averageReturn":-7.3,"sample":15},{"week":6,"averageReturn":-6.9,"sample":15},{"week":7,"averageReturn":-5.5,"sample":15},{"week":8,"averageReturn":-7.9,"sample":15},{"week":9,"averageReturn":-7.1,"sample":15},{"week":10,"averageReturn":-8.5,"sample":15},{"week":11,"averageReturn":-10.3,"sample":14},{"week":12,"averageReturn":-10.7,"sample":14},{"week":13,"averageReturn":-9.6,"sample":14},{"week":14,"averageReturn":-9.0,"sample":14},{"week":15,"averageReturn":-10.5,"sample":14},{"week":16,"averageReturn":-12.3,"sample":14},{"week":17,"averageReturn":-15.0,"sample":14},{"week":18,"averageReturn":-13.9,"sample":14},{"week":19,"averageReturn":-14.0,"sample":14},{"week":20,"averageReturn":-11.0,"sample":14},{"week":21,"averageReturn":-13.4,"sample":14},{"week":22,"averageReturn":-10.6,"sample":14},{"week":23,"averageReturn":-13.5,"sample":14},{"week":24,"averageReturn":-13.3,"sample":13},{"week":25,"averageReturn":-14.7,"sample":13},{"week":26,"averageReturn":-13.4,"sample":13}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":27.0,"averageExpectedMove":27.0,"averageWeeksToLargestMove":12.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-12.1,"medianReturn":-12.1,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-27.0,"medianReturn":-27.0,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-49.8,"medianReturn":-49.8,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-4.9,"sample":2},{"week":2,"averageReturn":-5.4,"sample":2},{"week":3,"averageReturn":-7.4,"sample":2},{"week":4,"averageReturn":-12.1,"sample":2},{"week":5,"averageReturn":-10.2,"sample":2},{"week":6,"averageReturn":-16.7,"sample":2},{"week":7,"averageReturn":-18.2,"sample":2},{"week":8,"averageReturn":-21.4,"sample":2},{"week":9,"averageReturn":-22.5,"sample":2},{"week":10,"averageReturn":-24.8,"sample":2},{"week":11,"averageReturn":-22.4,"sample":2},{"week":12,"averageReturn":-27.0,"sample":2},{"week":13,"averageReturn":-28.5,"sample":2},{"week":14,"averageReturn":-30.9,"sample":2},{"week":15,"averageReturn":-37.2,"sample":2},{"week":16,"averageReturn":-37.0,"sample":2},{"week":17,"averageReturn":-43.0,"sample":2},{"week":18,"averageReturn":-44.4,"sample":2},{"week":19,"averageReturn":-50.8,"sample":2},{"week":20,"averageReturn":-53.4,"sample":2},{"week":21,"averageReturn":-57.7,"sample":2},{"week":22,"averageReturn":-56.7,"sample":2},{"week":23,"averageReturn":-53.4,"sample":2},{"week":24,"averageReturn":-50.7,"sample":2},{"week":25,"averageReturn":-48.9,"sample":2},{"week":26,"averageReturn":-49.8,"sample":2}]},"currentApplication":{"status":"Repair in progress","tone":"caution","headline":"Market Dynamics is repairing while price remains rotational","use":"The repair is constructive, but price has not yet established a clear response.","confirm":"Treat the repair as constructive context until price confirms it.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics remains below zero, but it has improved across the recent completed path. 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 has no clear direction","detail":"Price remains rotational while the Market Dynamics condition develops."}},"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 1.8 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 unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 15.5% across 18 completed cases, with the largest move arriving after 6.3 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":[{"date":"2025-12-05","price":5.72},{"date":"2026-04-17","price":6.5}],"distribution_rollovers":[],"price_pressure_gaps":[{"date":"2024-11-08","price":15.848672},{"date":"2024-11-22","price":15.388296}]}},"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":[12.8611,14.017,13.6545,13.6937,12.9885,13.6056,13.2627,13.4782,13.5174,13.3509,14.4186,15.8487,14.9181,15.3883,14.7809,14.1609,14.1412,13.2949,13.9149,12.7242,11.6712,11.8483,12.5077,11.6515,11.7302,11.1595,10.6084,10.4313,9.024,9.2504,8.789,8.1343,6.6166,6.438,6.6067,7.0729,7.9161,8.293,8.03,7.4,7.26,8.03,8.34,9.4,9.13,9.47,9.57,9.62,8.53,7.09,6.26,6.3,6.81,6.68,7.11,6.31,6.07,5.51,4.62,4.95,5.3,6.29,5.86,5.39,5.01,4.76,5.9,5.72,6.22,6.01,5.72,5.39,5.9,6.11,6.21,5.7,6.3,6.58,6.77,6.25,5.97,4.74,4.92,5.49,5.77,6.5,6.5,6.18,6.56,7.04,7.18,6.53,7.78,6.94,6.99,6.29,5.94,5.51,5.13,5.36,6.09,5.39,5.68,5.94],"consensus":[34.3761,76.4374,25.7913,32.645,-13.3435,38.8606,0.0,27.7026,25.1801,0.0,62.9185,71.4757,0.0,43.64,0.0,-29.5025,-8.7979,-51.4738,0.0,-59.0186,-67.4827,-27.4094,0.0,-61.093,-12.5316,-52.7224,-59.9193,-38.735,-81.0717,-20.6298,-60.9027,-69.207,-80.4373,-46.4154,-35.1024,-12.6644,24.6714,20.0256,-15.2008,-35.7572,-33.1573,27.5356,15.6146,57.1403,13.2891,36.1341,31.778,24.5594,-37.8279,-65.7247,-65.3241,-30.4676,0.0,-36.4853,15.6187,-54.0715,-47.9873,-64.6665,-67.5886,-21.7741,-15.8033,36.9913,-11.3795,-26.1111,-40.3213,-36.2153,37.8197,0.0,33.7667,0.0,-15.3132,-24.9689,20.5741,14.4419,21.4129,-23.2657,39.3925,29.1616,31.2791,-9.939,-18.7589,-65.3609,-22.6057,0.0,8.1944,51.7219,17.3284,0.0,39.72,45.6796,35.8071,-11.5941,62.3696,-15.7256,21.3556,-28.7398,-28.5634,-37.2792,-34.5986,-11.6454,30.1243,-45.7314,0.0,-14.0076],"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":[0.0,-44.9996,12.6918,-61.3998,-52.169,-65.1782,-61.7908,-22.4691,-17.8858,30.3497,-17.1457,-32.0925,-49.9925,-33.7643,38.0025,0.0,29.1338,0.0,-21.562,-31.4467,28.7874,12.9066,18.1287,-32.3372,39.8517,22.3965,29.2818,-21.2304,-20.4768,-62.7177,-18.4399,0.0,13.0931,49.8878,5.5411,0.0,41.9751,47.3079,33.5783,-22.1239,63.0731,-25.5704,32.2731,-38.6049,-23.7887,-35.5521,-26.9384,-0.3259,29.7247,-42.8748,0.0,-8.0415],"force":[0.0,-24.0283,45.0732,-76.305,-45.9367,-79.0694,-86.336,-24.9841,-23.2689,81.1084,-27.2074,-37.4071,-39.5058,-28.1269,81.564,0.0,41.9094,0.0,-22.1734,-26.5813,33.6114,12.4968,18.2189,-48.8302,54.9616,33.1087,24.8845,-34.4344,-30.582,-92.5575,-3.2513,0.0,15.9281,66.2921,1.4094,0.0,38.5434,45.3669,24.6362,-37.7543,70.9417,-42.3648,16.7664,-30.8417,-19.2639,-23.1367,-17.0357,-20.5231,72.1374,-74.3755,0.0,-29.1473],"direction":[0.0,-35.6526,2.0752,-29.8152,-44.6728,-53.7938,-60.8236,-54.3785,-41.3319,13.0695,-6.516,-11.2067,-29.8511,-44.7938,6.3647,0.0,33.2453,0.0,-3.2715,-16.4139,1.8751,17.586,27.4476,-5.3621,27.7469,34.0738,38.1291,-20.4621,-8.3505,-48.9555,-45.8358,0.0,2.9282,43.4108,42.1704,0.0,37.9832,44.0422,46.3334,-19.1258,55.4428,-14.5536,12.1566,-15.964,-40.6627,-49.3549,-55.898,-48.3044,0.5716,-28.5359,0.0,-10.0119],"intensity":[32.6923,53.8462,23.0769,61.5385,26.9231,40.3846,86.5385,67.3077,53.8462,69.2308,13.4615,23.0769,26.9231,30.7692,78.8462,51.9231,44.2308,7.6923,5.7692,26.9231,36.5385,44.2308,3.8462,36.5385,50.0,71.1538,5.7692,42.3077,9.6154,88.4615,63.4615,61.5385,25.0,65.3846,63.4615,23.0769,19.2308,57.6923,5.7692,61.5385,92.3077,76.9231,48.0769,67.3077,23.0769,26.9231,26.9231,5.7692,86.5385,69.2308,17.3077,9.6154],"confirmation":[9.3658,79.1659,51.7163,85.8688,83.2297,89.1244,90.288,33.5287,31.4652,81.2829,50.7594,76.6087,80.7306,79.3797,58.766,1.2228,79.1241,27.8535,50.3474,75.9405,52.1892,72.5855,74.8048,54.5632,81.0731,77.5551,77.8449,30.7869,74.337,89.7846,52.5362,29.6386,48.7413,85.023,27.9062,28.179,80.6402,82.5831,79.1518,31.0938,88.2088,31.4655,74.5276,77.1105,76.9296,79.5247,78.653,7.3764,56.2596,83.5505,26.4098,73.0347],"persistence":[12.5,37.5,37.5,62.5,62.5,62.5,62.5,62.5,75.0,50.0,75.0,75.0,75.0,75.0,50.0,37.5,12.5,25.0,25.0,25.0,0.0,25.0,25.0,12.5,12.5,25.0,50.0,50.0,25.0,0.0,25.0,12.5,12.5,12.5,12.5,0.0,25.0,50.0,75.0,62.5,62.5,37.5,37.5,25.0,0.0,25.0,50.0,50.0,50.0,50.0,62.5,37.5],"assessmentRisk":[46.9821,8.3556,34.96,27.7679,18.6067,15.7912,16.1862,38.0464,34.3704,22.5934,54.4088,46.5646,4.0908,31.6171,15.7101,24.1171,31.4574,47.3187,7.4624,15.325,37.0611,2.0853,28.6957,40.7395,14.7891,24.1229,26.9502,49.9121,25.6333,17.2737,38.6494,47.3327,22.8745,24.0157,41.0972,42.7326,25.6068,16.4251,25.7095,34.4506,16.9988,0.3008,27.6235,5.0202,35.5399,30.5859,32.5798,40.6822,2.7331,13.1722,33.8728,30.2125],"volumeParticipation":true,"latest":{"consensus":-14.0,"control":-8.0,"force":-29.1,"direction":-10.0,"confirmation":73.0,"persistence":37.5,"assessmentRisk":30.2,"intensity":9.6,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-14.0","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-8.0","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-29.1","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-10.0","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"73/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"48.7","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"13.6%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"14.1","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"40%","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 is rotating through its trend references.","series":[{"label":"Close","values":[12.8611,14.017,13.6545,13.6937,12.9885,13.6056,13.2627,13.4782,13.5174,13.3509,14.4186,15.8487,14.9181,15.3883,14.7809,14.1609,14.1412,13.2949,13.9149,12.7242,11.6712,11.8483,12.5077,11.6515,11.7302,11.1595,10.6084,10.4313,9.024,9.2504,8.789,8.1343,6.6166,6.438,6.6067,7.0729,7.9161,8.293,8.03,7.4,7.26,8.03,8.34,9.4,9.13,9.47,9.57,9.62,8.53,7.09,6.26,6.3,6.81,6.68,7.11,6.31,6.07,5.51,4.62,4.95,5.3,6.29,5.86,5.39,5.01,4.76,5.9,5.72,6.22,6.01,5.72,5.39,5.9,6.11,6.21,5.7,6.3,6.58,6.77,6.25,5.97,4.74,4.92,5.49,5.77,6.5,6.5,6.18,6.56,7.04,7.18,6.53,7.78,6.94,6.99,6.29,5.94,5.51,5.13,5.36,6.09,5.39,5.68,5.94],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[11.6704,12.097,12.3802,12.619,12.6862,12.8534,12.9278,13.0279,13.1169,13.1594,13.3884,13.8357,14.0325,14.279,14.3703,14.3322,14.2975,14.1152,14.0788,13.8325,13.4395,13.1502,13.0334,12.7821,12.5909,12.3306,12.0175,11.7291,11.2373,10.876,10.4966,10.0671,9.4397,8.8939,8.4781,8.2226,8.1669,8.1898,8.1607,8.0224,7.8838,7.9104,7.9885,8.2451,8.406,8.5995,8.7759,8.9294,8.8568,8.5355,8.1218,7.7906,7.6123,7.4428,7.3823,7.1873,6.9842,6.7161,6.335,6.0832,5.9408,6.0043,5.9781,5.8711,5.7146,5.541,5.6063,5.627,5.7348,5.7848,5.773,5.7034,5.7391,5.8066,5.8799,5.8472,5.9295,6.0478,6.1791,6.192,6.1516,5.895,5.7177,5.6763,5.6933,5.84,5.96,6.0,6.1018,6.2724,6.4374,6.4543,6.6953,6.7398,6.7853,6.6952,6.5579,6.3674,6.1424,6.0002,6.0165,5.9026,5.8621,5.8763],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[10.9683,11.1942,11.3764,11.5481,11.6548,11.7993,11.9077,12.024,12.1346,12.2247,12.3872,12.6436,12.8121,13.0029,13.1346,13.2107,13.2796,13.2807,13.3277,13.283,13.1636,13.0662,13.0248,12.9231,12.8347,12.7106,12.5549,12.3976,12.1477,11.9331,11.7002,11.4361,11.0791,10.7353,10.4295,10.1808,10.0131,9.8857,9.7482,9.5743,9.4028,9.3011,9.2299,9.2425,9.2342,9.2517,9.2753,9.3008,9.2437,9.0842,8.875,8.6842,8.5454,8.4072,8.3111,8.1629,8.0079,7.8228,7.5856,7.3904,7.2355,7.1655,7.0688,6.9444,6.8011,6.6499,6.5944,6.5296,6.5067,6.4699,6.4143,6.3385,6.306,6.2915,6.2854,6.2421,6.2464,6.2711,6.308,6.3037,6.279,6.165,6.0728,6.0296,6.0104,6.0467,6.0802,6.0876,6.1226,6.1906,6.2639,6.2836,6.3944,6.4348,6.476,6.4622,6.4235,6.3558,6.265,6.198,6.19,6.1307,6.0973,6.0857],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[13.0697,13.6508,14.0524,14.4114,14.6073,14.8802,15.0688,15.2633,15.4234,15.5184,15.6868,16.0281,16.0296,15.9628,15.7501,15.7011,15.6064,15.5858,15.5009,15.5205,15.6819,15.7649,15.7767,15.8522,15.9164,16.0021,16.1373,16.2332,16.4687,16.5862,16.5636,16.254,16.2247,15.9495,15.6237,15.2522,14.731,14.2949,13.6446,13.2014,12.9093,12.5165,11.9041,11.5116,11.0162,10.6653,10.4485,10.2713,10.219,10.1047,10.0997,10.1244,10.1141,10.0973,10.0743,10.1197,10.1614,10.2058,10.3458,10.4275,10.4574,10.376,10.253,9.9376,9.6426,9.2143,8.6305,7.8677,7.3568,7.1994,7.1603,7.1093,6.9793,6.8875,6.683,6.6088,6.6457,6.7763,6.8613,6.8663,6.8655,6.8945,6.9177,6.9167,6.8979,6.9061,6.9688,6.9918,7.0362,7.1846,7.3509,7.3761,7.6522,7.7231,7.7929,7.7935,7.7873,7.7739,7.7572,7.7562,7.7601,7.6979,7.6387,7.626],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[8.3333,8.1246,8.0475,8.0111,8.0789,8.1218,8.2098,8.3201,8.497,8.7377,9.0543,9.3692,9.9415,10.6311,11.3415,11.6469,11.9912,12.0656,12.3248,12.2815,12.0012,11.7013,11.5748,11.2951,11.1051,10.7748,10.3742,9.9735,9.2887,8.7611,8.2208,7.7589,6.9581,6.3382,5.8466,5.5093,5.408,5.3439,5.4057,5.3165,5.1675,5.1784,5.3741,5.5415,5.7768,5.9587,6.0717,6.1678,6.1707,6.069,5.8211,5.613,5.6426,5.6836,5.7569,5.6352,5.4089,5.0862,4.6052,4.2785,4.0526,3.96,3.835,3.7494,3.6324,3.5897,3.8065,4.1793,4.4592,4.5086,4.4937,4.4537,4.4927,4.5275,4.642,4.6552,4.6413,4.6177,4.7477,4.8727,4.9405,4.7565,4.6393,4.6503,4.7451,4.9109,4.9082,4.9312,4.9208,4.8754,4.8551,4.9439,4.8558,4.8679,4.8761,4.9345,4.9047,4.8111,4.6638,4.5758,4.5839,4.7111,4.8463,4.904],"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":"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":[11.6236,20.7805,19.9372,15.6073,7.8605,12.0625,7.8605,7.7831,6.1755,6.1995,15.2217,23.4,15.1259,15.7728,10.2028,5.2905,6.8329,3.4741,7.6345,-2.3472,-8.9445,-8.3645,-4.6598,-11.228,-10.1637,-14.4331,-17.3005,-19.2619,-28.0438,-25.3722,-29.9485,-34.1766,-42.394,-44.4605,-43.9832,-40.8426,-34.233,-31.601,-34.9231,-39.3709,-40.7577,-34.7011,-32.0146,-23.111,-25.6235,-23.6684,-22.5294,-22.435,-31.0906,-40.9329,-48.5216,-47.6927,-43.5267,-44.1281,-40.5581,-46.7575,-48.7883,-52.626,-60.4306,-55.8699,-52.2533,-42.7808,-45.367,-47.8624,-51.0169,-51.9815,-41.4693,-41.8425,-35.7676,-36.9973,-39.0012,-41.0002,-35.6076,-32.8565,-30.4985,-32.4263,-25.1174,-21.828,-19.9998,-25.9667,-25.5259,-38.7622,-32.894,-25.6695,-23.883,-15.1781,-16.1904,-18.5561,-12.5939,-5.7258,-2.3254,-12.0608,4.3753,-5.0618,-4.8257,-13.0415,-16.5704,-21.7645,-25.7882,-20.8128,-9.0374,-18.2576,-15.9957,-12.405],"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":"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":[-7.5001,0.0,-2.5856,-2.3061,-7.3375,-2.935,-5.3809,-3.8435,-3.564,-4.7519,0.0,0.0,-5.8715,-2.9048,-6.7373,-10.6491,-10.7733,-16.1132,-12.2014,-19.7146,-26.3585,-25.2408,-21.0806,-26.4827,-25.9859,-29.5873,-33.0644,-34.1821,-43.0613,-41.6332,-44.544,-48.675,-58.2515,-59.3782,-58.3141,-55.3723,-50.052,-47.6736,-49.3333,-53.3084,-54.1917,-49.3333,-47.3773,-40.689,-42.3926,-40.2474,-39.6164,-39.3009,-46.1785,-55.2644,-60.5014,-60.249,-57.0311,-57.8514,-55.1382,-60.1859,-61.7003,-65.2337,-70.8493,-68.7671,-66.5587,-60.3121,-63.0253,-65.9908,-68.3885,-69.9659,-62.7729,-63.9086,-60.7538,-62.0788,-63.9086,-65.9908,-62.7729,-61.4479,-60.8169,-64.0348,-60.249,-58.4823,-57.2835,-60.5645,-62.3312,-70.0921,-68.9564,-65.3599,-63.5932,-58.9871,-58.9871,-61.0062,-58.6085,-55.5799,-54.6965,-58.7978,-50.9107,-56.2108,-55.8954,-60.3121,-62.5205,-65.2337,-67.6314,-66.1801,-61.5741,-65.9908,-64.161,-62.5205],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[40.3987,53.0164,49.06,49.4877,41.7888,48.5253,44.7828,47.1352,47.563,45.7452,57.4005,73.0122,62.8539,67.9865,61.3559,54.588,54.3731,45.1344,51.9023,29.7906,0.6423,1.7423,7.1669,0.0,0.6757,0.0,0.0,0.0,0.0,2.5082,0.0,0.0,0.0,0.0,2.6194,9.8613,22.9584,28.8135,24.7278,14.9422,12.7676,24.7278,29.5429,46.0076,41.8138,47.0949,48.6482,49.4248,32.4941,10.127,0.0,0.639,8.7859,6.7093,13.5783,0.7987,0.0,0.0,0.0,7.1429,14.7186,36.1472,26.8398,16.6667,8.4416,3.0303,27.7056,23.8095,34.632,30.0866,23.8095,16.6667,27.7056,32.2511,34.4156,23.3766,36.3636,42.4242,46.5368,35.2814,29.2208,2.5974,6.4935,18.8312,21.73,37.1308,37.1308,30.3797,38.3966,48.5232,51.4768,37.7637,64.135,46.4135,47.4684,32.7004,25.3165,16.2447,8.2278,13.0802,28.481,13.7131,19.8312,25.3165],"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":"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":[110.7229,145.503,143.1473,181.2942,151.2419,95.1453,60.3598,49.7027,47.979,40.1864,110.7861,220.0563,106.0209,72.238,164.5222,109.2324,105.9709,129.982,30.7728,88.0987,91.2041,129.3746,76.4754,84.2387,74.3703,103.6492,85.4733,232.3505,209.1256,323.1973,192.5644,125.5613,240.8228,278.7034,120.1589,154.983,161.1357,154.0804,113.4012,65.4523,92.9649,275.0698,355.5622,399.4506,129.7764,56.6195,91.7581,111.3151,120.7866,153.3305,91.1981,148.5213,106.0128,97.9056,95.2581,189.7813,198.4481,188.7092,277.7394,263.697,194.0694,198.468,145.5809,130.0821,96.4153,105.6194,180.4513,72.1785,77.595,56.0746,22.7364,42.2311,60.1593,72.988,83.8546,125.4039,95.7311,156.526,82.2909,76.5776,95.1698,148.9548,113.7937,91.3806,58.2599,93.1103,82.9501,60.2801,46.7693,80.1973,101.9159,58.3453,69.9427,18.453,11.6898,7.4574,21.3508,9.1844,27.7424,92.0259,144.8498,179.8212,162.2651,141.9682],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[69.9862,71.7006,69.9302,72.3286,70.2406,71.5768,70.7272,71.4284,72.0918,71.5405,73.0952,76.3764,74.7809,75.8732,73.2549,71.5365,69.8431,67.7519,68.2301,66.8732,65.4611,67.4841,68.6571,67.4137,68.4732,66.9889,65.7482,65.0,65.0,70.5901,67.0438,65.0,65.0,65.0,67.0758,69.8865,72.9706,76.055,73.6667,72.2708,70.2351,77.014,87.5101,102.0476,97.0435,99.2629,102.9947,107.6493,102.4236,95.5898,91.4589,98.5875,103.758,98.982,103.7574,93.5407,82.0204,70.2454,65.0,80.1162,92.2818,105.5657,95.6394,86.868,80.2167,72.6117,86.6317,80.9371,87.157,82.6719,80.866,77.5481,82.3077,88.1731,95.0589,84.5557,92.5672,106.0716,112.877,106.8938,99.6943,88.5881,96.9856,103.6321,107.7972,114.4074,114.4074,110.4355,113.442,118.6254,125.4693,121.5332,126.2502,125.0487,125.7738,125.3488,124.2054,123.7736,122.5465,126.5245,132.7125,125.3688,131.8392,135.0],"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"]},{"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":[23.8773,26.4046,28.7514,31.0393,32.3651,33.6506,34.8443,35.5886,36.3669,36.1932,37.0273,38.8232,40.4909,42.0394,42.4221,42.1527,41.5057,39.815,38.2451,35.7869,34.2177,32.9837,31.4077,30.1159,29.552,29.0283,29.0822,29.775,30.9074,32.7779,34.5149,36.3566,38.648,40.9184,43.0266,44.288,44.523,44.176,43.1945,42.6283,42.2087,42.2538,41.1888,39.1139,37.1871,35.1465,33.2517,31.6912,31.1585,31.4701,32.2244,33.0985,33.4231,33.3026,33.3715,33.5454,33.8703,34.5785,35.9514,37.2262,37.187,36.6462,36.1441,35.7204,35.3271,35.4167,34.1828,33.037,31.044,29.1933,27.8695,27.0284,25.8131,24.1161,22.5274,21.0072,19.7035,19.3228,18.9692,18.6408,17.7942,17.7671,17.7541,16.6054,15.5238,15.207,15.4236,14.9886,14.6244,15.0689,15.7073,16.0593,17.139,18.1415,18.4485,18.1398,17.1237,16.2871,16.0933,15.5291,15.1557,14.6862,14.2502,14.1007],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[30.9643,36.1184,34.0254,33.3157,31.093,29.4293,28.2577,26.8204,26.6091,25.0974,31.4377,39.3654,35.1791,32.4843,29.7678,28.0425,25.9643,23.8512,22.4526,20.4003,18.6575,17.4014,18.5177,17.3784,15.918,15.125,14.1671,13.2076,11.7942,10.2339,9.7635,9.1487,8.1414,7.5779,7.2423,9.5601,12.1672,13.7406,15.8802,15.1414,14.5139,13.003,17.3981,21.6079,20.413,20.5806,19.8656,18.7461,16.6411,15.0333,14.1844,13.6197,15.12,16.6899,15.7636,14.8102,14.1728,13.5244,11.4909,10.7631,15.1207,15.8493,14.4428,13.468,12.9913,12.3658,16.7759,16.0667,19.4887,18.8433,17.9201,17.248,18.4634,21.9757,20.4584,19.3618,18.1164,22.7206,21.0432,19.9417,18.8016,16.818,15.9898,20.2765,19.5263,23.3082,25.6443,24.4421,23.5501,27.1799,26.566,24.4082,27.098,25.1632,24.2772,22.7762,21.8591,20.7816,19.7341,21.2492,27.4683,24.5405,22.7093,22.7746],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[10.2063,9.2395,8.7041,8.1263,10.4752,9.7151,9.3284,10.1059,9.7209,12.3798,11.0826,9.1829,8.2063,7.5777,10.6235,12.4079,13.0521,16.6308,15.6556,18.8949,24.6407,24.4999,23.0576,22.7207,25.0131,23.767,26.1856,29.9411,31.5891,37.4718,35.7492,36.9386,43.4467,43.682,41.7476,39.074,34.2537,31.8062,29.7756,31.6406,31.3818,32.4948,30.4937,27.5788,26.0537,24.4629,23.613,23.5724,27.2864,31.5964,34.753,35.4263,33.3754,32.2079,32.1992,31.3318,31.6158,34.592,38.2518,35.8289,32.6378,29.1873,26.5971,25.1296,24.2401,26.6317,24.2119,23.1882,21.5985,20.8832,22.1966,23.8643,22.5728,21.0906,21.2401,19.85,19.1431,17.0103,15.7544,14.9298,16.4115,23.9112,22.8131,20.966,20.1064,18.6548,17.7331,20.2686,19.3114,17.8023,16.2801,16.0576,14.218,13.2028,15.3786,17.138,20.2119,23.159,25.9327,25.0428,22.3372,20.6611,19.1193,17.8377],"stroke":"#c13f3f","width":1.6}],"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":"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":[7.3351,6.9034,6.9853,6.9276,7.2669,6.9457,6.8906,6.6336,6.3851,6.3646,6.1129,6.2324,6.8799,6.707,7.0756,7.2797,7.311,7.8606,7.4084,8.2798,9.165,8.9882,8.4008,8.9229,8.985,9.2297,9.6253,9.7499,11.7194,12.2346,12.5331,13.4196,17.2149,17.6503,16.7112,15.4864,14.6566,13.9908,14.332,15.1459,14.9551,14.0141,13.3516,12.1624,12.3083,11.7354,11.1714,10.9358,12.9009,15.9539,17.7826,17.0879,15.5811,15.2843,14.1179,15.7224,15.8591,17.0008,22.1593,20.5035,19.5202,17.0786,18.6801,20.2233,20.9445,21.5053,17.7209,17.7222,16.2474,16.1489,16.5673,16.9619,15.2121,14.5987,14.3268,15.5088,13.9252,13.9326,13.5767,14.4101,14.8579,19.4261,18.2787,16.551,15.2481,13.5468,13.233,13.5598,12.4498,11.6855,11.6341,12.9285,11.3799,12.7569,12.1902,13.4082,13.7372,14.4644,15.192,13.9812,12.8104,15.0437,14.3248,13.6333],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[44.2585,50.7563,54.3435,57.0877,57.5543,58.7639,58.93,58.8817,57.9123,55.909,53.615,52.4374,46.8837,40.0973,32.5456,29.6486,26.1993,25.4613,22.8289,23.3007,26.5915,29.5898,30.7257,33.5734,35.611,39.0435,43.4763,47.772,55.7509,61.7435,67.3229,70.7546,79.9434,86.2475,91.0753,93.8547,92.5871,91.1563,86.4955,85.1591,85.6535,82.94,75.587,70.0179,62.4003,56.6242,52.9874,49.9234,49.3996,49.9043,53.7484,57.3341,56.7563,55.9374,54.5422,56.9278,61.0459,66.9591,76.7911,83.627,88.2825,89.51,91.112,90.4254,90.5492,87.8578,77.5744,61.2347,49.0459,45.9646,45.7638,45.9311,43.3522,41.349,36.0437,34.6869,35.5178,37.8894,36.4143,33.9662,32.6091,36.7023,39.4288,39.1872,36.9817,33.7677,34.6992,34.5653,35.3822,38.2966,40.8935,39.4846,44.7139,45.3532,46.0468,44.9235,45.4225,47.0852,49.8102,51.5804,51.4623,48.1377,44.7319,43.4484],"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/1b60df28-e9ef-456e-a525-19110dd3bd60/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/1b60df28-e9ef-456e-a525-19110dd3bd60/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/1b60df28-e9ef-456e-a525-19110dd3bd60/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/1b60df28-e9ef-456e-a525-19110dd3bd60/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/1b60df28-e9ef-456e-a525-19110dd3bd60/technical-pack/data.json"},"source_fingerprint":"e22ed6ba76b40e1437bbcc7c264719684d2b5a8aeda69b7167f2bfce9cbe0234","content_hash":"213e981263bc5fa2789b019655c17cd3740a78f4b733fde22240d0e02adb77de","citation":"Sharemaestro, ASTL Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/1b60df28-e9ef-456e-a525-19110dd3bd60/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."}