{"schema_version":"1.0","name":"300308 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"20ebf825-b890-4c39-aeb6-67d1111996f9","symbol":"300308","name":"Zhongji Innolight Co., Ltd.","exchange":"SHZ","country":"CN","asset_type":"equity","currency":"CNY","sector":"Technology","industry":"Communication Equipment"},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","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, Drawdown and recovery pressure, 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":260,"displayedObservations":104,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","evidenceAlignment":{"status":"Underlying support lags price","headline":"Market Dynamics is weaker than the current price position","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","take":"This is a downside risk watch, not a completed reversal. Stronger Market Dynamics or weaker price is needed to close the gap.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-08-16","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","2026-02-27","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":[-0.762741,-0.813037,-0.815733,-0.905058,-0.870426,-0.992786,-0.754367,-0.317195,0.224482,0.948875,1.255257,1.343922,1.208577,1.116941,0.853722,0.620672,0.401754,0.17853,0.021231,0.082272,-0.211252,-0.565527,-0.689087,-0.821125,-0.867749,-0.762933,-0.798071,-0.778187,-0.643377,-0.74458,-0.838543,-1.061794,-1.202692,-1.271532,-1.152732,-1.171356,-1.092716,-1.13897,-1.04667,-0.64954,-0.421764,-0.054409,0.32221,0.637386,1.083663,1.544628,1.648262,1.593573,1.66492,1.660728,1.758375,1.768082,1.697564,1.705961,1.711637,1.874956,1.927153,1.873666,1.734747,1.422087,1.107776,0.884661,0.878064,0.932676,0.977559,0.912876,0.607682,0.430007,0.245532,0.283903,0.320904,0.344208,0.373584,0.30997,0.455917,0.314272,0.323157,0.116825,-0.370228,-0.691806,-0.993734,-1.167827,-1.015874,-0.881739,-0.913073,-0.562269,-0.162597,0.375075,0.805435,0.97823,1.094306,1.093806,1.290483,1.359806,1.20217,1.245856,1.059855,0.830202,0.584631,0.217683,0.000899,-0.14592,-0.219784,-0.371405],"opens":[111.653908,120.449076,121.045363,107.877461,97.989098,113.293683,107.509756,135.157379,184.648837,158.014879,165.369039,155.401165,141.110275,140.126412,138.13879,131.679064,127.19702,130.734963,127.177136,128.697642,137.145002,124.106273,109.517229,117.229153,122.237932,108.32467,109.974384,107.937081,117.268911,101.805321,101.60655,104.34945,101.487298,96.399016,79.603718,80.49815,79.93168,84.741686,84.642318,98.18787,96.090942,91.420055,91.926896,104.657533,116.195596,127.019121,141.187797,137.196612,144.011549,179.49308,185.589597,207.072093,209.536649,241.08688,287.364551,371.927557,393.130679,409.095393,416.369273,409.215099,418.075508,368.563827,407.707519,503.384311,470.113659,488.302136,474.638302,469.44445,523.380623,542.358148,569.326273,589.312585,626.898152,620.34589,569.326261,604.284893,579.31444,634.259444,560.336892,541.359338,519.385348,519.485233,548.401,589.612262,584.308533,607.281329,737.926728,847.996482,897.937391,888.5,889.059998,1030.030029,1054.98999,1273.199951,1182.0,1175.0,1296.0,1130.0,1210.0,1100.01001,1028.430054,1021.02002,891.0,917.98999],"highs":[121.134809,124.404418,121.611831,108.69238,115.976958,115.49993,136.826971,154.536562,184.67865,175.90336,170.735592,155.778816,150.283074,157.100574,140.613385,132.971013,133.626925,130.804523,129.661643,140.682931,137.443146,127.803245,119.832928,133.835628,122.237932,108.722186,113.174433,119.952181,117.268911,105.820283,104.230187,109.189284,104.150689,100.751872,81.98885,83.976465,86.451028,84.990137,97.39282,100.463672,96.796542,95.991555,103.802856,118.461466,130.890565,139.960504,146.456146,149.030456,191.58635,196.665121,228.095609,217.888179,252.401874,280.26028,366.888702,447.011517,443.010356,429.041239,456.001659,434.040209,425.718611,385.483824,495.06412,541.369367,507.279692,499.069386,521.762553,558.109535,557.919743,626.368748,591.370149,658.021242,643.578432,627.25771,644.237594,623.761854,652.807452,657.801592,573.311528,573.321504,598.33188,568.227576,631.972091,644.23758,624.261237,742.161714,863.977531,918.902575,898.936209,898.950012,1099.869995,1075.0,1209.98999,1301.51001,1188.5,1368.5,1296.939941,1188.01001,1218.0,1207.97998,1138.880005,1080.0,1033.890015,966.059998],"lows":[111.653908,117.765809,101.666179,97.392823,97.154306,105.999174,106.824028,131.182162,155.719205,146.745152,152.698019,137.94004,135.515148,137.164879,129.06535,121.741022,126.511282,119.365834,121.045367,127.38583,119.952172,112.101127,108.106035,117.109893,114.108612,95.226329,105.392942,107.92714,99.599067,97.194064,98.784147,101.477357,96.80648,92.851139,66.783645,76.185044,78.619855,81.899414,84.622445,92.632498,91.131852,88.329326,91.181542,104.458775,115.380678,122.409312,137.705492,129.922704,144.011549,175.611665,183.793565,196.764881,209.526677,237.554697,287.364551,360.921897,343.240999,388.351219,393.809145,397.181712,380.169341,336.601657,395.112408,471.442081,456.969211,449.47808,459.456278,436.443495,511.734408,538.362876,544.365802,589.312585,607.281356,560.946173,558.189416,579.314443,571.333894,524.509295,514.391287,521.382979,519.385348,505.401923,538.362882,576.317946,554.343998,596.993516,713.385762,838.008289,815.26517,835.0,870.0,988.880005,1025.550049,1160.0,1128.180054,1122.0,1235.130005,1115.0,1093.97998,950.549988,967.679993,793.030029,875.869995,835.0],"closes":[119.216766,119.17701,108.225296,98.804016,115.221672,108.324661,132.772263,153.900528,158.650925,166.959122,155.391235,139.858078,141.328903,139.629501,131.460434,125.944824,130.695206,126.312523,126.312523,136.002121,122.247871,112.429077,116.175728,127.455406,114.108612,107.112221,106.764389,117.994392,100.245041,101.606552,103.345711,101.815247,96.80648,93.298347,77.884445,78.649666,84.741684,82.972717,94.212646,97.223877,91.300804,92.97039,102.809052,115.927277,129.214279,138.09462,139.142319,144.959442,180.221481,184.811325,210.165268,208.838196,237.524765,278.284637,354.136902,406.10199,421.158691,420.569977,412.787231,402.789307,389.139496,373.158417,493.416077,472.450897,489.470734,462.272949,463.461548,513.891846,536.415161,581.312073,571.024231,626.25885,609.278992,582.510681,616.270691,584.308533,648.232849,539.371704,530.372375,533.368774,544.835205,541.379333,611.276611,597.293152,605.803101,733.781677,849.99408,885.941528,857.5,886.0,1049.869995,1037.97998,1161.160034,1179.98999,1149.0,1367.880005,1253.890015,1116.0,1093.97998,979.460022,1046.51001,902.01001,919.869995,943.0],"pressureRange":[-2.196954,2.196954],"priceRange":[77.884445,1367.880005],"zones":{"accumulationBoundary":0.158618,"distributionBoundary":0.841382},"latest":-0.371405,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"price":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Price response ahead of support","detail":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","annotations":[{"label":"Current tape relationship","value":"Price response ahead of support","detail":"Market Dynamics weakened this week and 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":"29 Aug 2025","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Lagging price","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.37,"forwardCorrelation":0.19,"directionalAgreement":55.5,"sample":254,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":106.0,"medianWeeksInZone":106,"averageWeeksToHigher":27.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"medianReturn":-19.9,"averageReturn":-19.9,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"medianReturn":-36.7,"averageReturn":-36.7,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":0,"expectedPercent":0.0,"medianReturn":-9.3,"averageReturn":-9.3,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-12.8,"sample":1},{"week":2,"averageReturn":-17.5,"sample":1},{"week":3,"averageReturn":-23.6,"sample":1},{"week":4,"averageReturn":-19.9,"sample":1},{"week":5,"averageReturn":-24.8,"sample":1},{"week":6,"averageReturn":-29.5,"sample":1},{"week":7,"averageReturn":-20.6,"sample":1},{"week":8,"averageReturn":-17.3,"sample":1},{"week":9,"averageReturn":-26.9,"sample":1},{"week":10,"averageReturn":-32.8,"sample":1},{"week":11,"averageReturn":-36.1,"sample":1},{"week":12,"averageReturn":-36.7,"sample":1},{"week":13,"averageReturn":-27.4,"sample":1},{"week":14,"averageReturn":-24.6,"sample":1},{"week":15,"averageReturn":-32.5,"sample":1},{"week":16,"averageReturn":-28.5,"sample":1},{"week":17,"averageReturn":-16.0,"sample":1},{"week":18,"averageReturn":-21.4,"sample":1},{"week":19,"averageReturn":-21.1,"sample":1},{"week":20,"averageReturn":-19.3,"sample":1},{"week":21,"averageReturn":-28.5,"sample":1},{"week":22,"averageReturn":-28.1,"sample":1},{"week":23,"averageReturn":-20.7,"sample":1},{"week":24,"averageReturn":-17.1,"sample":1},{"week":25,"averageReturn":-21.5,"sample":1},{"week":26,"averageReturn":-9.3,"sample":1}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.5,"medianWeeksInZone":1.5,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-16.9,"averageReturn":-16.9,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"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,"averageReturn":-5.5,"sample":2},{"week":2,"averageReturn":-1.2,"sample":2},{"week":3,"averageReturn":-6.9,"sample":2},{"week":4,"averageReturn":-16.9,"sample":2},{"week":5,"averageReturn":-15.4,"sample":2},{"week":6,"averageReturn":-25.5,"sample":2},{"week":7,"averageReturn":-22.0,"sample":2},{"week":8,"averageReturn":-27.3,"sample":2},{"week":9,"averageReturn":-22.0,"sample":1},{"week":10,"averageReturn":-20.1,"sample":1},{"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}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":17,"completedEpisodes":17,"activeEpisodes":0,"medianExpectedMove":26.9,"averageExpectedMove":64.5,"averageWeeksToLargestMove":7.7,"horizons":[{"weeks":4,"sample":17,"expectedCount":10,"expectedPercent":58.8,"averageReturn":10.0,"medianReturn":2.7,"confidenceLow":36.0,"confidenceHigh":78.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":17,"expectedCount":10,"expectedPercent":58.8,"averageReturn":50.6,"medianReturn":10.6,"confidenceLow":36.0,"confidenceHigh":78.4,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":10,"expectedPercent":62.5,"averageReturn":98.3,"medianReturn":14.3,"confidenceLow":38.6,"confidenceHigh":81.5,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.5,"sample":17},{"week":2,"averageReturn":5.1,"sample":17},{"week":3,"averageReturn":7.8,"sample":17},{"week":4,"averageReturn":10.0,"sample":17},{"week":5,"averageReturn":12.0,"sample":17},{"week":6,"averageReturn":17.2,"sample":17},{"week":7,"averageReturn":16.7,"sample":17},{"week":8,"averageReturn":22.8,"sample":17},{"week":9,"averageReturn":28.8,"sample":17},{"week":10,"averageReturn":35.3,"sample":17},{"week":11,"averageReturn":40.4,"sample":17},{"week":12,"averageReturn":50.6,"sample":17},{"week":13,"averageReturn":61.2,"sample":17},{"week":14,"averageReturn":60.4,"sample":17},{"week":15,"averageReturn":59.7,"sample":17},{"week":16,"averageReturn":61.3,"sample":17},{"week":17,"averageReturn":64.8,"sample":16},{"week":18,"averageReturn":64.9,"sample":16},{"week":19,"averageReturn":69.9,"sample":16},{"week":20,"averageReturn":91.5,"sample":16},{"week":21,"averageReturn":87.6,"sample":16},{"week":22,"averageReturn":94.0,"sample":16},{"week":23,"averageReturn":96.9,"sample":16},{"week":24,"averageReturn":98.9,"sample":16},{"week":25,"averageReturn":96.0,"sample":16},{"week":26,"averageReturn":98.3,"sample":16}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":14,"completedEpisodes":13,"activeEpisodes":1,"medianExpectedMove":7.9,"averageExpectedMove":11.4,"averageWeeksToLargestMove":5.2,"horizons":[{"weeks":4,"sample":13,"expectedCount":8,"expectedPercent":61.5,"averageReturn":-1.1,"medianReturn":-5.3,"confidenceLow":35.5,"confidenceHigh":82.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":13,"expectedCount":4,"expectedPercent":30.8,"averageReturn":13.5,"medianReturn":6.5,"confidenceLow":12.7,"confidenceHigh":57.6,"confidence":"Mixed historical record"},{"weeks":26,"sample":12,"expectedCount":5,"expectedPercent":41.7,"averageReturn":42.0,"medianReturn":13.0,"confidenceLow":19.3,"confidenceHigh":68.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.5,"sample":14},{"week":2,"averageReturn":-1.2,"sample":14},{"week":3,"averageReturn":-0.1,"sample":13},{"week":4,"averageReturn":-1.1,"sample":13},{"week":5,"averageReturn":-0.6,"sample":13},{"week":6,"averageReturn":1.9,"sample":13},{"week":7,"averageReturn":5.8,"sample":13},{"week":8,"averageReturn":8.7,"sample":13},{"week":9,"averageReturn":8.2,"sample":13},{"week":10,"averageReturn":9.5,"sample":13},{"week":11,"averageReturn":10.3,"sample":13},{"week":12,"averageReturn":13.5,"sample":13},{"week":13,"averageReturn":13.7,"sample":13},{"week":14,"averageReturn":12.5,"sample":13},{"week":15,"averageReturn":14.4,"sample":13},{"week":16,"averageReturn":19.1,"sample":13},{"week":17,"averageReturn":19.4,"sample":13},{"week":18,"averageReturn":24.7,"sample":13},{"week":19,"averageReturn":24.9,"sample":13},{"week":20,"averageReturn":28.0,"sample":13},{"week":21,"averageReturn":31.2,"sample":13},{"week":22,"averageReturn":31.6,"sample":13},{"week":23,"averageReturn":27.0,"sample":13},{"week":24,"averageReturn":31.1,"sample":13},{"week":25,"averageReturn":37.8,"sample":13},{"week":26,"averageReturn":42.0,"sample":12}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":12,"completedEpisodes":12,"activeEpisodes":0,"medianExpectedMove":9.2,"averageExpectedMove":11.1,"averageWeeksToLargestMove":5.5,"horizons":[{"weeks":4,"sample":12,"expectedCount":3,"expectedPercent":25.0,"averageReturn":7.1,"medianReturn":7.3,"confidenceLow":8.9,"confidenceHigh":53.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":12,"expectedCount":7,"expectedPercent":58.3,"averageReturn":21.1,"medianReturn":-0.9,"confidenceLow":32.0,"confidenceHigh":80.7,"confidence":"Mixed historical record"},{"weeks":26,"sample":11,"expectedCount":6,"expectedPercent":54.5,"averageReturn":55.6,"medianReturn":-7.9,"confidenceLow":28.0,"confidenceHigh":78.7,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.2,"sample":12},{"week":2,"averageReturn":1.0,"sample":12},{"week":3,"averageReturn":3.0,"sample":12},{"week":4,"averageReturn":7.1,"sample":12},{"week":5,"averageReturn":8.8,"sample":12},{"week":6,"averageReturn":11.6,"sample":12},{"week":7,"averageReturn":11.5,"sample":12},{"week":8,"averageReturn":10.0,"sample":12},{"week":9,"averageReturn":12.5,"sample":12},{"week":10,"averageReturn":17.3,"sample":12},{"week":11,"averageReturn":19.3,"sample":12},{"week":12,"averageReturn":21.1,"sample":12},{"week":13,"averageReturn":26.6,"sample":12},{"week":14,"averageReturn":32.3,"sample":12},{"week":15,"averageReturn":31.4,"sample":12},{"week":16,"averageReturn":36.3,"sample":12},{"week":17,"averageReturn":40.4,"sample":12},{"week":18,"averageReturn":38.0,"sample":12},{"week":19,"averageReturn":38.4,"sample":12},{"week":20,"averageReturn":39.8,"sample":12},{"week":21,"averageReturn":46.1,"sample":12},{"week":22,"averageReturn":48.1,"sample":12},{"week":23,"averageReturn":49.0,"sample":11},{"week":24,"averageReturn":53.5,"sample":11},{"week":25,"averageReturn":52.8,"sample":11},{"week":26,"averageReturn":55.6,"sample":11}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":15,"completedEpisodes":14,"activeEpisodes":1,"medianExpectedMove":21.0,"averageExpectedMove":45.7,"averageWeeksToLargestMove":7.4,"horizons":[{"weeks":4,"sample":15,"expectedCount":7,"expectedPercent":46.7,"averageReturn":8.0,"medianReturn":-2.0,"confidenceLow":24.8,"confidenceHigh":69.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":14,"expectedCount":6,"expectedPercent":42.9,"averageReturn":31.3,"medianReturn":-3.8,"confidenceLow":21.4,"confidenceHigh":67.4,"confidence":"Mixed historical record"},{"weeks":26,"sample":14,"expectedCount":9,"expectedPercent":64.3,"averageReturn":63.1,"medianReturn":15.3,"confidenceLow":38.8,"confidenceHigh":83.7,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.8,"sample":15},{"week":2,"averageReturn":3.1,"sample":15},{"week":3,"averageReturn":6.6,"sample":15},{"week":4,"averageReturn":8.0,"sample":15},{"week":5,"averageReturn":10.6,"sample":15},{"week":6,"averageReturn":10.4,"sample":15},{"week":7,"averageReturn":13.7,"sample":14},{"week":8,"averageReturn":13.3,"sample":14},{"week":9,"averageReturn":18.9,"sample":14},{"week":10,"averageReturn":27.4,"sample":14},{"week":11,"averageReturn":28.3,"sample":14},{"week":12,"averageReturn":31.3,"sample":14},{"week":13,"averageReturn":36.7,"sample":14},{"week":14,"averageReturn":48.9,"sample":14},{"week":15,"averageReturn":52.5,"sample":14},{"week":16,"averageReturn":49.4,"sample":14},{"week":17,"averageReturn":53.8,"sample":14},{"week":18,"averageReturn":57.6,"sample":14},{"week":19,"averageReturn":57.1,"sample":14},{"week":20,"averageReturn":62.0,"sample":14},{"week":21,"averageReturn":75.4,"sample":14},{"week":22,"averageReturn":68.7,"sample":14},{"week":23,"averageReturn":64.5,"sample":14},{"week":24,"averageReturn":62.0,"sample":14},{"week":25,"averageReturn":66.0,"sample":14},{"week":26,"averageReturn":63.1,"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 support lags price","tone":"caution","headline":"Price is leading its underlying support","use":"Market Dynamics must catch up or price may correct toward the weaker underlying position.","confirm":"This is a downside risk watch, not a completed reversal. Stronger Market Dynamics or weaker price is needed to close the gap.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":58.3,"averageReturn":21.1,"sample":12},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"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":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 58.3% of comparable cases moved lower after 12 weeks, with an average move of 21.1% across 12 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, 0.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 106.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 11.1% across 12 completed cases, with the largest move arriving after 5.5 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":"2025-08-29","price":354.136902}],"distribution_rollovers":[{"date":"2026-06-12","price":1149.0},{"date":"2026-07-03","price":1116.0}],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-16","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","2026-02-27","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":[119.2168,119.177,108.2253,98.804,115.2217,108.3247,132.7723,153.9005,158.6509,166.9591,155.3912,139.8581,141.3289,139.6295,131.4604,125.9448,130.6952,126.3125,126.3125,136.0021,122.2479,112.4291,116.1757,127.4554,114.1086,107.1122,106.7644,117.9944,100.245,101.6066,103.3457,101.8152,96.8065,93.2983,77.8844,78.6497,84.7417,82.9727,94.2126,97.2239,91.3008,92.9704,102.8091,115.9273,129.2143,138.0946,139.1423,144.9594,180.2215,184.8113,210.1653,208.8382,237.5248,278.2846,354.1369,406.102,421.1587,420.57,412.7872,402.7893,389.1395,373.1584,493.4161,472.4509,489.4707,462.2729,463.4615,513.8918,536.4152,581.3121,571.0242,626.2589,609.279,582.5107,616.2707,584.3085,648.2328,539.3717,530.3724,533.3688,544.8352,541.3793,611.2766,597.2932,605.8031,733.7817,849.9941,885.9415,857.5,886.0,1049.87,1037.98,1161.16,1179.99,1149.0,1367.88,1253.89,1116.0,1093.98,979.46,1046.51,902.01,919.87,943.0],"consensus":[0.0,-22.9124,-47.375,-55.1724,19.8302,-36.5127,54.9254,64.8762,26.5595,54.1652,0.0,-32.4971,0.0,-15.1046,-34.519,-31.1947,0.0,-24.5515,-11.9182,28.0769,-43.9408,-52.9347,-8.9962,17.1872,-46.7323,-26.7101,-33.5687,15.9899,-62.4624,-20.7906,-8.4732,-37.0326,-42.262,-42.8866,-54.2527,-39.1542,-8.5819,-34.9293,31.4915,18.9436,-23.3571,9.7421,47.9044,67.9071,75.0447,71.2041,33.8483,61.2168,82.3412,52.2212,76.1264,44.9319,75.9538,86.5289,88.7077,79.7955,68.9741,54.9344,33.0213,17.1032,0.0,8.7233,80.8581,12.3489,51.6003,13.032,0.0,53.9314,44.0482,56.4879,33.3637,57.8305,16.88,0.0,48.688,-12.2558,60.4216,-47.125,-27.5464,-18.4375,0.0,0.0,49.7791,10.0033,25.7153,68.0021,75.6814,55.96,27.5854,51.4791,76.9365,39.9996,73.0847,30.5619,26.408,82.1869,15.5633,-13.836,-13.0934,-50.3805,0.0,-53.8723,-20.7873,-3.1132],"supportDates":["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","2026-02-27","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":[74.2921,91.0085,88.8829,71.3941,67.4337,53.8343,21.8678,11.5501,0.0,20.0955,86.2703,3.2247,51.4899,1.181,0.0,52.2399,44.9957,54.3808,30.3721,58.5223,2.8694,0.0,49.6525,-8.9579,67.2193,-41.9397,-22.2604,-13.7351,0.0,0.0,48.3396,5.2962,25.2126,71.3942,81.4758,54.6388,20.1433,53.4127,78.8464,36.4362,74.9112,15.4599,16.5234,89.0615,3.2391,-19.1228,-16.1471,-40.0459,0.0,-41.144,-14.424,-3.0934],"force":[74.9093,85.5409,92.8976,84.7408,52.0524,20.6019,7.2301,20.1381,0.0,21.7348,89.9511,33.2043,34.934,26.992,0.0,61.5586,30.1787,53.4344,3.8688,51.2964,15.6664,0.0,50.4816,-46.8939,70.9217,-89.6705,-27.9771,-12.746,0.0,0.0,72.4367,6.1167,23.3606,79.3322,82.3414,42.5492,11.9682,30.4266,82.8676,6.1756,71.1587,2.0314,9.6292,83.4443,27.1194,-44.9281,-33.8225,-84.2744,0.0,-81.3749,-0.7751,-18.7134],"direction":[78.5991,82.1151,85.5147,85.8648,82.8215,80.7148,74.5191,50.0505,0.0,17.4823,68.1777,62.6853,63.6309,55.1645,0.0,50.4167,52.8721,61.0772,57.8504,61.707,56.1397,0.0,46.3045,-8.7165,45.1527,-22.6613,-33.2799,-27.8769,0.0,0.0,35.2402,26.8972,27.9718,56.0326,64.302,67.049,64.3433,64.3069,70.5173,68.2319,72.3729,71.1023,63.4456,73.4319,60.1357,-14.4147,-5.2029,-37.9815,0.0,-48.7742,-43.4613,-25.797],"intensity":[98.0769,98.0769,100.0,98.0769,75.0,96.1538,82.6923,78.8462,73.0769,94.2308,100.0,94.2308,82.6923,76.9231,71.1538,92.3077,92.3077,90.3846,78.8462,88.4615,55.7692,84.6154,69.2308,67.3077,86.5385,98.0769,94.2308,17.3077,50.0,55.7692,86.5385,67.3077,40.3846,100.0,98.0769,98.0769,44.2308,44.2308,100.0,90.3846,98.0769,96.1538,84.6154,100.0,82.6923,96.1538,28.8462,96.1538,61.5385,96.1538,67.3077,53.8462],"confirmation":[92.2987,95.5909,96.5115,93.8133,89.5795,84.5494,56.3858,31.3855,7.3503,28.9933,94.0692,10.5722,84.0058,8.8893,4.9314,85.5163,81.6583,86.0152,55.1564,86.2961,7.9654,7.0492,83.6201,29.5539,87.5513,84.4556,76.9085,73.7982,26.1362,24.2878,84.6418,26.7531,76.1648,90.0543,92.3327,85.5186,32.9552,83.8023,92.7713,57.1567,91.3006,54.7833,32.2238,94.2334,9.6527,31.0363,51.2184,85.3122,29.0383,86.2713,51.5904,5.0778],"persistence":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,87.5,87.5,87.5,87.5,87.5,87.5,75.0,75.0,87.5,87.5,87.5,87.5,87.5,75.0,87.5,62.5,62.5,37.5,12.5,12.5,25.0,25.0,25.0,0.0,0.0,25.0,50.0,75.0,87.5,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,50.0,25.0,12.5,12.5,37.5,50.0],"assessmentRisk":[12.017,6.7355,5.6461,10.1023,15.513,22.5325,32.7705,15.2214,43.9144,51.4159,8.0319,40.7054,23.5336,42.0612,33.7386,12.2298,20.3088,21.5382,32.9068,20.7037,38.8338,0.296,15.7899,37.7844,11.1866,13.0044,33.9649,31.1061,45.36,3.1509,22.2643,39.1788,31.4702,15.907,12.1211,22.0126,36.183,23.6754,11.42,29.425,13.4521,34.7118,32.502,8.8838,31.0394,20.8199,18.4613,24.7557,50.276,20.9217,35.3512,15.5775],"volumeParticipation":true,"latest":{"consensus":-3.1,"control":-3.1,"force":-18.7,"direction":-25.8,"confirmation":5.1,"persistence":50.0,"assessmentRisk":15.6,"intensity":53.8,"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":"Control support is easing","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Limited support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-3.1","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-3.1","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-18.7","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-25.8","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"5/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"52.2","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"14.6%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"47.0","detail":"Directional","tone":"positive"},{"label":"Range position","value":"51%","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":[119.2168,119.177,108.2253,98.804,115.2217,108.3247,132.7723,153.9005,158.6509,166.9591,155.3912,139.8581,141.3289,139.6295,131.4604,125.9448,130.6952,126.3125,126.3125,136.0021,122.2479,112.4291,116.1757,127.4554,114.1086,107.1122,106.7644,117.9944,100.245,101.6066,103.3457,101.8152,96.8065,93.2983,77.8844,78.6497,84.7417,82.9727,94.2126,97.2239,91.3008,92.9704,102.8091,115.9273,129.2143,138.0946,139.1423,144.9594,180.2215,184.8113,210.1653,208.8382,237.5248,278.2846,354.1369,406.102,421.1587,420.57,412.7872,402.7893,389.1395,373.1584,493.4161,472.4509,489.4707,462.2729,463.4615,513.8918,536.4152,581.3121,571.0242,626.2589,609.279,582.5107,616.2707,584.3085,648.2328,539.3717,530.3724,533.3688,544.8352,541.3793,611.2766,597.2932,605.8031,733.7817,849.9941,885.9415,857.5,886.0,1049.87,1037.98,1161.16,1179.99,1149.0,1367.88,1253.89,1116.0,1093.98,979.46,1046.51,902.01,919.87,943.0],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[127.0696,125.6346,122.4693,118.1665,117.6311,115.939,118.9996,125.3452,131.4008,137.8659,141.0524,140.8352,140.925,140.6894,139.0114,136.6357,135.5556,133.875,132.5,133.1368,131.157,127.7519,125.6471,125.9759,123.8182,120.7808,118.2323,118.1891,114.9265,112.5047,110.8394,109.1987,106.9455,104.4642,99.6316,95.8167,93.803,91.8339,92.2664,93.1677,92.8283,92.8541,94.6641,98.5301,104.1091,110.2883,115.5345,120.8845,131.673,141.3345,153.8492,163.8472,177.2431,195.6143,224.4366,257.4667,287.2289,311.4727,329.8935,343.1473,351.5095,355.4457,380.5312,397.2439,414.0124,422.787,430.1824,445.4023,461.9501,483.6523,499.5381,522.5782,538.342,546.3727,559.0814,563.6682,579.0436,571.8305,564.2926,558.6701,556.1547,553.4683,563.9789,570.036,576.5391,605.1287,649.6497,692.6118,722.5915,752.3021,806.4054,848.5098,905.3553,955.2889,990.5091,1059.122,1094.5344,1098.4372,1097.6268,1076.1419,1070.7543,1040.0735,1018.2183,1004.5423],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[131.5003,130.5875,128.931,126.6994,125.8492,124.5511,125.16,127.289,129.6121,132.3785,134.0832,134.5109,135.016,135.3577,135.069,134.3932,134.1192,133.541,133.0055,133.2275,132.4142,130.9338,129.8406,129.6639,128.5117,126.9265,125.4331,124.882,123.0571,121.4681,120.1257,118.7694,117.1425,115.3763,112.5991,110.0843,108.2071,106.3379,105.4397,104.8311,103.8289,103.0246,103.0086,103.9655,105.8358,108.2254,110.5155,113.0669,118.0413,122.9872,129.4449,135.3259,142.8962,152.9249,167.8295,185.4793,202.9371,219.058,233.4083,245.9551,256.5613,265.1981,282.1032,296.203,310.5191,321.7602,332.2566,345.711,359.8373,376.2428,390.6711,408.122,423.0225,434.8365,448.276,458.3525,472.4177,477.3773,481.3028,485.1596,489.58,493.417,502.1473,509.1952,516.3513,532.4573,555.9785,580.4202,600.9446,622.0599,653.7495,682.211,717.6887,751.9333,781.3456,824.7926,856.5776,875.7941,891.956,898.4378,909.4061,908.8582,909.6739,912.1425],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[183.412,181.6773,177.851,173.5638,163.0221,148.4627,149.4045,154.2352,159.5272,165.816,168.9342,169.146,169.0644,169.2869,168.6073,166.5807,166.3633,166.425,166.4703,166.6995,166.659,166.9325,166.4423,164.4687,164.5462,164.6832,165.4362,162.5717,159.3741,152.3526,147.1717,145.1406,142.6598,140.1974,141.0418,141.4185,139.4095,137.7393,134.9891,129.4097,126.5523,125.1489,123.3701,120.5125,124.201,130.8534,136.7902,142.3482,158.698,172.8348,191.5484,206.5351,226.4214,253.7551,297.5219,347.0394,390.4888,425.6052,453.5287,474.9761,489.6665,498.4086,526.3508,545.1248,563.2809,572.5815,577.4092,585.8626,597.2385,611.961,621.1077,634.4949,640.4087,640.8443,653.8117,662.4048,681.4369,682.3167,680.8961,677.176,669.7695,654.0235,660.4448,661.6627,664.1575,691.2087,750.4784,809.0682,847.9355,888.1758,966.0988,1026.0468,1108.394,1180.9641,1236.1978,1333.1396,1390.8648,1412.7617,1424.6535,1419.2804,1414.6319,1394.1733,1377.9353,1354.1093],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[92.7954,90.9763,88.8424,86.0915,89.8334,96.7596,96.975,95.4582,94.3225,93.5958,94.1397,94.1695,94.1725,94.2104,93.9736,93.6758,93.5484,93.7699,94.5315,96.7193,97.0628,96.1146,97.3999,102.2386,102.0497,101.7915,98.4377,97.7116,95.0686,95.5549,95.5312,93.758,91.7866,89.6159,83.4139,78.3077,75.7213,73.0575,72.5977,74.2994,74.062,73.5195,73.9616,75.6664,73.4885,69.9344,67.2353,64.3739,56.0217,50.2054,42.1737,37.8893,32.0749,23.2398,7.0983,-9.674,-19.4817,-20.8384,-16.9045,-7.7953,7.2982,26.5748,37.6933,54.5717,72.4413,95.5585,123.1627,151.6026,175.8461,200.7737,227.7128,256.0677,287.3293,317.3163,330.5623,339.7898,343.4652,354.4655,367.6447,384.4227,407.3987,439.9669,445.3316,456.5979,465.7363,465.836,445.2196,423.8347,417.076,407.3044,377.266,358.4901,331.3311,318.5089,316.5481,297.9635,300.8039,336.5699,381.0389,431.0211,485.8371,542.3587,589.4561,647.8527],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2024-08-16","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","2026-02-27","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":[7.1364,8.7685,-3.4769,-9.7382,6.6209,-1.3563,1.9897,6.2575,13.9403,15.4999,4.1419,-5.3529,-10.8631,-8.9116,-11.9421,-17.2745,-15.7993,-17.9846,-17.4995,-11.3879,-14.2791,-20.4138,-20.7561,-14.1565,-21.9159,-29.2937,-30.2543,-24.0599,-32.4853,-32.1835,-31.0163,-29.4083,-31.6547,-31.8891,-39.1611,-37.2876,-32.2537,-32.4316,-24.63,-22.2747,-26.2761,-23.9269,-16.6981,-4.9845,7.6194,11.2649,11.2443,14.4751,39.1553,38.9579,59.2016,54.8941,66.8832,84.5703,119.9759,146.8443,142.8992,133.5556,121.4887,106.7778,98.7811,97.1918,141.945,123.9658,125.0395,110.0843,115.935,124.2267,124.1364,132.9793,123.6919,129.4105,117.6714,93.9698,97.242,80.5028,97.7119,64.1289,55.6692,49.1893,52.4181,47.1033,66.7477,60.2374,63.2788,79.3046,93.2736,94.2272,80.4311,75.7472,101.3327,92.3037,107.8605,107.2889,99.6932,113.9996,93.0597,69.257,67.4613,60.4704,66.3403,42.4476,35.317,35.7225],"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":["2024-08-16","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","2026-02-27","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":[-2.9452,-3.4752,-4.7244,-6.4009,-6.3317,-6.7556,-5.0604,-1.9892,0.8186,3.6719,4.9428,4.643,4.4726,4.1525,3.2028,1.9822,1.3823,0.5468,-0.1139,0.1427,-0.7552,-2.2332,-3.0669,-2.7854,-3.5977,-4.7513,-5.6287,-5.3562,-6.4975,-7.209,-7.5456,-7.8454,-8.3905,-9.0017,-10.6076,-11.6839,-11.908,-12.089,-11.1964,-10.1293,-9.6503,-9.0318,-7.6595,-5.4506,-2.5979,0.3751,2.7837,5.1031,9.6751,13.513,18.3885,21.8928,26.6773,33.3733,44.2901,56.4837,66.5945,73.7103,77.8244,79.3633,78.5757,75.7883,82.334,84.8516,87.2149,85.903,83.9909,85.5587,87.6087,91.7979,93.2133,97.6661,98.6873,96.2273,95.8965,91.9948,92.9889,84.024,75.3247,67.8897,62.2056,56.7676,57.4361,56.1897,55.2518,64.0964,79.566,93.6469,101.3429,108.4911,125.9275,137.2049,154.3032,167.443,173.3574,193.4761,197.9405,188.1828,176.6367,156.4422,144.1862,121.4137,103.6131,90.3311],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[0.8489,-0.0159,-0.9576,-2.0463,-2.9034,-3.6738,-3.9511,-3.5587,-2.6833,-1.4122,-0.1412,0.8156,1.547,2.0681,2.2951,2.2325,2.0624,1.7593,1.3847,1.1363,0.758,0.1597,-0.4856,-0.9456,-1.476,-2.1311,-2.8306,-3.3357,-3.9681,-4.6163,-5.2021,-5.7308,-6.2627,-6.8105,-7.5699,-8.3927,-9.0958,-9.6944,-9.9948,-10.0217,-9.9474,-9.7643,-9.3434,-8.5648,-7.3714,-5.8221,-4.1009,-2.2601,0.1269,2.8041,5.921,9.1154,12.6278,16.7769,22.2795,29.1204,36.6152,44.0342,50.7922,56.5065,60.9203,63.8939,67.5819,71.0359,74.2717,76.5979,78.0765,79.573,81.1801,83.3037,85.2856,87.7617,89.9468,91.2029,92.1416,92.1123,92.2876,90.6349,87.5728,83.6362,79.3501,74.8336,71.3541,68.3212,65.7073,65.3851,68.2213,73.3064,78.9137,84.8292,93.0489,101.8801,112.3647,123.3804,133.3758,145.3958,155.9048,162.3604,165.2156,163.461,159.606,151.9676,142.2967,131.9036],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[-3.7942,-3.4593,-3.7668,-4.3546,-3.4284,-3.0818,-1.1093,1.5695,3.5019,5.0842,5.084,3.8274,2.9256,2.0844,0.9077,-0.2503,-0.6802,-1.2125,-1.4986,-0.9936,-1.5131,-2.393,-2.5813,-1.8398,-2.1217,-2.6203,-2.7981,-2.0205,-2.5294,-2.5928,-2.3435,-2.1146,-2.1277,-2.1912,-3.0377,-3.2912,-2.8122,-2.3946,-1.2016,-0.1076,0.2972,0.7325,1.6838,3.1142,4.7735,6.1972,6.8847,7.3633,9.5482,10.7089,12.4675,12.7775,14.0496,16.5965,22.0106,27.3634,29.9793,29.6761,27.0322,22.8568,17.6554,11.8944,14.7521,13.8158,12.9432,9.305,5.9144,5.9857,6.4286,8.4943,7.9277,9.9044,8.7405,5.0244,3.7549,-0.1175,0.7013,-6.6109,-12.2481,-15.7465,-17.1445,-18.066,-13.918,-12.1315,-10.4556,-1.2888,11.3447,20.3405,22.4292,23.6619,32.8786,35.3248,41.9385,44.0626,39.9816,48.0803,42.0358,25.8224,11.4211,-7.0187,-15.4198,-30.5538,-38.6835,-41.5724],"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":["2024-08-16","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","2026-02-27","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":[-35.4387,-35.4602,-41.3911,-46.4931,-37.6022,-41.3373,-28.0978,-16.6559,-14.0833,-9.584,-15.8486,-24.2605,-23.464,-24.3843,-28.8082,-31.7951,-29.2226,-31.596,-31.596,-26.3487,-33.7972,-39.1145,-37.0856,-30.9771,-38.205,-41.9939,-42.1822,-36.1007,-45.7127,-44.9754,-44.0336,-44.8624,-47.5749,-49.4747,-57.822,-57.4076,-54.1085,-55.0665,-48.9796,-47.3488,-50.5565,-49.6523,-44.3242,-37.2201,-30.0246,-25.2155,-24.6481,-21.4979,-2.4019,0.0,0.0,-0.6314,0.0,0.0,0.0,0.0,0.0,-0.1398,-1.9877,-4.3616,-7.6026,-11.3972,0.0,-4.249,-0.7996,-6.3117,-6.0708,0.0,0.0,0.0,-1.7698,0.0,-2.7113,-6.9856,-1.5949,-6.6986,0.0,-16.7935,-18.1818,-17.7196,-15.9507,-16.4838,-5.7011,-7.8582,-6.5454,0.0,0.0,0.0,-3.2103,0.0,0.0,-1.1325,0.0,0.0,-2.6263,0.0,-8.3333,-18.4139,-20.0237,-28.3958,-23.494,-34.0578,-32.7521,-31.0612],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[7.0756,7.0399,0.0,0.0,16.6164,9.6359,34.3794,55.7634,60.5713,68.9801,57.2722,41.551,43.0396,41.3197,33.0517,27.4693,32.2772,27.8415,27.8415,37.6484,23.7276,13.79,17.582,28.9982,15.4899,8.4088,8.0567,19.4227,1.4585,1.3582,3.0931,1.5664,0.0,0.0,0.0,0.9825,8.8044,6.5331,20.9646,24.8309,17.226,19.3697,32.002,48.8452,65.9051,77.3071,78.6523,86.1212,131.396,137.2891,169.8424,168.1385,204.9707,257.3045,354.6953,421.416,440.7481,439.9923,429.9996,417.1627,394.7758,349.7363,494.6727,417.4663,436.1078,406.3186,398.5045,399.8508,362.717,349.8822,313.5022,350.0851,320.31,223.2193,233.4594,179.7901,210.3996,127.0802,90.5863,50.6109,46.0064,45.0803,63.8116,60.0642,62.3448,96.6408,127.7837,91.649,85.4965,91.6617,127.1104,123.9625,125.9542,122.4833,116.6402,157.9094,136.4169,110.4182,106.2664,84.674,97.3161,70.0711,73.4385,77.7996],"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":["2024-08-16","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","2026-02-27","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":[18.428,18.007,18.4171,18.9905,18.9724,18.9557,17.7175,17.502,18.4957,18.8635,19.2051,18.6275,17.9514,17.652,16.8798,15.7358,14.7116,13.9899,13.3197,12.7548,11.9469,11.6817,11.6738,10.9755,10.2533,10.6815,10.7644,10.3739,10.4973,10.7493,10.9832,10.7958,10.9358,11.3271,13.0593,14.4889,15.5866,16.6058,16.4093,15.9681,15.664,15.5837,14.7911,14.5385,15.0705,16.0482,17.2753,17.702,19.776,21.8458,24.5051,26.9744,29.8641,32.898,36.3779,39.9381,42.4968,44.8728,47.2355,49.4294,50.6783,50.0964,50.7197,51.6347,52.0516,52.2113,52.5616,53.1825,53.759,54.7761,55.7204,56.9728,58.1358,57.7684,57.5754,57.3962,57.488,56.1838,54.697,53.3164,52.3745,51.0748,50.6791,50.4458,49.5719,49.9304,51.0021,52.2468,52.8909,53.4892,54.8842,56.1796,57.7511,59.4012,60.3668,61.6714,62.8827,62.2173,61.72,59.5093,57.4566,53.8491,50.4993,47.029],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[22.4104,23.2127,21.1657,20.0851,21.6471,20.7029,27.2109,31.9612,39.9955,35.5754,33.1357,30.8803,29.1136,29.504,28.1553,26.869,26.2722,24.9685,24.0024,27.4265,25.2737,23.4911,22.23,26.8,25.1599,23.0142,24.2615,25.9548,23.7301,22.7456,22.1216,23.8155,22.8735,21.8712,18.8811,19.156,19.6906,19.3375,24.848,25.5103,24.5616,23.3836,26.4027,32.7772,37.1277,38.5924,40.4201,36.0701,48.0242,45.7193,50.2434,46.0068,51.2467,53.2381,64.0064,68.7803,55.1094,50.6847,49.8285,46.3736,42.4559,38.4238,48.2949,50.1937,46.3864,42.9297,42.3337,40.3215,37.8242,42.2241,39.6582,43.6507,41.6299,38.1546,36.2301,34.2403,34.3782,29.3245,27.4066,25.8056,26.3187,24.486,28.8691,28.0819,25.9844,33.8887,40.3676,42.4007,39.1778,36.8724,46.2522,43.0297,47.2052,48.9983,46.7934,51.1292,46.6562,42.4698,41.0172,34.8325,31.4375,26.7339,24.5553,22.8892],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[30.7856,29.8654,34.3498,34.5269,31.63,30.2503,26.3427,23.7688,20.8742,21.9686,20.4621,24.7004,24.2267,22.3664,24.5501,26.4082,25.5483,27.3803,26.3208,24.6104,26.0146,27.7063,28.0478,25.8015,25.5987,31.944,30.779,28.8581,30.2651,30.1661,29.3385,28.1604,29.5622,30.4605,39.7369,38.089,36.4527,35.7991,32.8403,31.326,31.0771,31.3408,28.8835,26.1456,23.7439,21.3534,20.2583,22.4616,17.4315,15.7505,12.9259,11.8359,9.969,8.545,6.4787,5.0895,7.6003,6.9901,6.1741,5.746,8.4159,15.4923,12.5209,11.1945,12.5274,12.7196,11.5546,9.6885,9.0884,8.0435,7.5547,6.7385,6.4266,11.7232,10.4985,9.9219,8.9514,12.7996,13.0856,12.3206,11.2446,12.0115,10.8043,10.0176,11.6168,9.9543,8.5822,7.9484,9.4103,8.8562,7.2124,6.7099,5.7809,5.1875,7.3279,6.1166,5.5815,12.8414,11.8214,18.44,16.6428,23.2584,21.363,22.0294],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2024-08-16","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","2026-02-27","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":[13.9025,13.3116,14.9281,16.0004,13.9074,14.3627,12.4952,11.0937,11.3786,11.2875,12.0906,13.385,13.0459,13.2814,13.7265,13.9411,12.8947,13.0359,12.592,11.6143,13.0201,14.1435,13.4307,12.3574,13.6523,14.7644,14.2751,12.7922,15.2924,14.6162,13.7202,13.4727,13.6996,13.8042,17.7867,17.0631,15.3654,14.8381,13.2277,12.4778,12.8148,12.2745,11.1839,10.1743,9.3334,9.0173,8.7593,8.7488,8.4199,8.438,8.3958,8.5681,8.3053,7.6794,7.3906,7.6181,8.5132,8.6072,9.2193,9.4269,9.8967,10.589,9.2009,9.98,9.6791,10.2828,10.4841,10.471,9.9298,9.6137,9.6758,9.1845,9.1917,9.7405,9.5466,9.8929,9.1782,12.0079,12.1329,11.8985,11.8511,11.9037,10.8834,11.1548,11.0369,9.8742,9.1808,8.8314,9.1695,8.7562,8.4256,8.506,8.1951,8.3449,8.3329,7.7867,8.644,9.9073,10.1946,12.4506,11.989,15.1886,15.0569,14.6312],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[65.6149,66.5321,66.7497,67.3758,57.8897,42.1683,42.56,47.0793,51.3727,55.68,56.862,56.9481,56.9008,56.9847,56.8462,56.0254,56.0305,55.8467,55.1251,53.1323,52.78,53.8443,52.3361,46.6654,46.8848,47.2028,50.7807,49.838,50.5462,45.8217,42.5544,43.0163,43.3985,44.0197,51.349,57.4449,59.2088,61.3688,60.1111,54.1069,52.3295,51.9754,50.0765,45.7196,51.3052,60.68,68.1825,75.4388,95.6374,109.9618,127.8225,137.9942,150.3669,166.4402,190.6792,211.4701,221.0042,220.593,215.4865,206.6743,194.1258,179.7519,173.2692,163.6004,154.4195,142.7913,129.6788,117.771,109.0159,101.1861,92.6921,84.9861,76.1162,67.5311,65.6761,64.3817,65.952,63.244,59.75,55.1533,48.7149,39.1332,38.9072,36.6757,35.1221,38.9566,51.0595,62.4921,68.1195,74.2383,87.6654,96.4303,107.946,115.0344,118.4546,126.9296,128.874,123.0404,115.5916,106.8214,97.7438,87.9732,80.1548,70.5564],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2024-08-16","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","2026-02-27","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/20ebf825-b890-4c39-aeb6-67d1111996f9/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/20ebf825-b890-4c39-aeb6-67d1111996f9/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/20ebf825-b890-4c39-aeb6-67d1111996f9/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/20ebf825-b890-4c39-aeb6-67d1111996f9/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/20ebf825-b890-4c39-aeb6-67d1111996f9/technical-pack/data.json"},"source_fingerprint":"8db97b2b70361bf7a314b5a6396d7cb62c1a2010f2bfc8037067c70c64e6b0b5","content_hash":"8bfa26ab955afe8d1d71b881ce7498c91cd90cbd261780c266cdbcde32f0e0f2","citation":"Sharemaestro, 300308 Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/20ebf825-b890-4c39-aeb6-67d1111996f9/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."}