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elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":9.2,"averageExpectedMove":9.2,"averageWeeksToLargestMove":5.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-8.6,"medianReturn":-8.6,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-7.1,"medianReturn":-7.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-13.6,"medianReturn":-13.6,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-3.2,"sample":1},{"week":2,"averageReturn":3.0,"sample":1},{"week":3,"averageReturn":1.3,"sample":1},{"week":4,"averageReturn":-8.6,"sample":1},{"week":5,"averageReturn":-9.2,"sample":1},{"week":6,"averageReturn":-5.9,"sample":1},{"week":7,"averageReturn":1.7,"sample":1},{"week":8,"averageReturn":4.9,"sample":1},{"week":9,"averageReturn":1.1,"sample":1},{"week":10,"averageReturn":1.2,"sample":1},{"week":11,"averageReturn":-0.3,"sample":1},{"week":12,"averageReturn":-7.1,"sample":1},{"week":13,"averageReturn":-5.1,"sample":1},{"week":14,"averageReturn":-6.7,"sample":1},{"week":15,"averageReturn":-14.3,"sample":1},{"week":16,"averageReturn":-10.6,"sample":1},{"week":17,"averageReturn":-8.2,"sample":1},{"week":18,"averageReturn":-14.9,"sample":1},{"week":19,"averageReturn":-9.6,"sample":1},{"week":20,"averageReturn":-13.1,"sample":1},{"week":21,"averageReturn":-16.1,"sample":1},{"week":22,"averageReturn":-13.3,"sample":1},{"week":23,"averageReturn":-20.0,"sample":1},{"week":24,"averageReturn":-11.3,"sample":1},{"week":25,"averageReturn":-9.0,"sample":1},{"week":26,"averageReturn":-13.6,"sample":1}]},"currentApplication":{"status":"Countertrend conflict","tone":"caution","headline":"Market Dynamics is repairing against a downward price structure","use":"The downside structure remains in place, but improving Market Dynamics weakens that case. A positive price response is needed to confirm the repair.","confirm":"This is an early challenge rather than a confirmed reversal. Price must respond to the improvement before the downward technical state can be considered resolved.","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 remains in a downward structure","detail":"Improving Market Dynamics has not yet produced a positive price response."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Zone positioning","title":"Use distribution to protect capital before considering the short case","tone":"negative","finding":"After distribution, 100.0% of completed 12-week outcomes were lower across 1 cases. Distinct visits lasted 1.0 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 9.8% across 2 completed cases, with the largest move arriving after 3.0 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-02-20","price":7.996}],"reversal_dangers":[{"date":"2026-02-27","price":7.738}]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[6.735,6.601,6.332,6.39,6.321,6.437,6.758,6.94,6.827,7.136,6.773,6.415,7.9727,7.012,6.177,6.293,5.864,5.877,5.873,5.921,6.014,6.125,6.229,7.222,7.442,7.314,7.382,7.114,7.542,7.996,7.738,8.234,8.1,7.311,7.262,7.526,8.13,8.388,8.084,8.088,7.972,7.43,7.591,7.46,6.856,7.148,7.344,6.808,7.228,6.949,6.71,6.931,6.399,7.094,7.274,6.911],"consensus":[-99.4459,-83.5671,-100.0,50.986,-24.672,0.0,20.8794,34.6476,0.0,41.8449,-26.6813,-44.0049,69.863,-26.8324,-59.6387,-15.4154,-51.8764,-23.2302,-15.1993,-18.9428,0.0,0.0,13.283,67.8917,47.2443,14.2887,37.7896,0.0,54.206,57.6758,15.0025,63.175,15.8006,-42.8145,-14.1513,11.72,37.5173,49.3392,0.0,24.2588,0.0,-44.916,0.0,-29.0537,-57.6582,0.0,0.0,-33.9482,0.0,-20.2032,-23.4133,8.553,-57.0332,37.8686,24.2915,-33.2312],"supportDates":["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","2026-08-21"],"control":[null,0.0,21.0661,33.8564,0.0,37.9982,-26.4064,-35.5284,65.1144,-25.3065,-52.6103,-17.4966,-51.6741,-14.8143,-9.2158,-17.8021,0.0,0.0,11.4778,64.7511,37.4877,4.4839,31.2634,0.0,56.9165,49.0898,13.904,56.3855,5.4139,-40.8213,-11.0298,23.9207,46.5024,53.9618,0.0,22.2444,0.0,-43.7721,0.0,-26.4495,-67.5398,0.0,0.0,-27.2373,0.0,-16.0839,-11.363,15.1307,-53.9006,39.1364,23.4939,-38.6949],"force":[-11.4548,0.0,18.9211,38.0302,0.0,45.7201,-68.375,-71.7204,80.6821,-70.4815,-89.1137,-4.5574,-54.9858,-3.0682,-4.1492,-0.6999,0.0,0.0,25.6402,94.7467,49.8236,24.074,26.6186,0.0,72.7784,72.4537,23.4366,79.1056,15.324,-81.4993,-13.8119,20.9478,34.9893,39.0945,0.0,13.5658,0.0,-60.7876,0.0,-31.0872,-47.3139,0.0,0.0,-23.1554,0.0,-10.1018,-7.6102,32.3218,-65.2616,85.9057,26.5491,-52.6041],"direction":[-34.1129,0.0,22.0648,33.1356,0.0,43.4732,-2.7857,-33.8957,67.5621,-2.6017,-46.6177,-27.3033,-49.8866,-47.25,-35.858,-34.277,0.0,0.0,6.5193,52.2987,56.5524,52.8962,53.2273,0.0,37.8424,56.9328,43.7146,59.5555,49.9031,-17.4604,-17.9611,8.8151,29.0544,51.3739,0.0,34.1989,0.0,-34.8866,0.0,-30.5773,-53.7537,0.0,0.0,-49.327,0.0,-32.1262,-48.473,15.942,-54.7357,2.1075,23.5906,-13.1491],"intensity":[25.0,20.0,50.0,28.5714,25.0,55.5556,80.0,90.9091,100.0,92.3077,85.7143,80.0,56.25,58.8235,5.5556,21.0526,10.0,38.0952,13.6364,95.6522,87.5,24.0,30.7692,40.7407,60.7143,86.2069,70.0,74.1935,31.25,81.8182,73.5294,34.2857,91.6667,29.7297,42.1053,25.641,42.5,68.2927,59.5238,23.2558,90.9091,42.2222,54.3478,78.7234,64.5833,46.9388,48.0,25.4902,69.2308,78.8462,67.3077,51.9231],"confirmation":[52.6242,24.3501,74.6189,79.2024,27.4312,81.5671,55.7405,83.0554,90.7583,55.8282,88.0898,50.5981,84.6983,52.2808,50.5838,50.9631,27.4268,24.4456,49.988,90.5916,83.3455,8.6884,79.8517,5.8484,85.8706,87.0375,31.3125,88.805,7.535,82.91,72.5656,28.3929,79.7916,83.4059,29.888,75.4676,25.0263,82.8743,28.9889,77.3988,85.9848,7.7007,4.7009,78.6368,26.1118,74.2199,52.5276,29.4288,86.5491,58.896,75.8542,87.1411],"persistence":[60.0,50.0,28.5714,12.5,0.0,25.0,25.0,0.0,25.0,12.5,12.5,37.5,50.0,75.0,75.0,75.0,87.5,75.0,50.0,25.0,0.0,25.0,50.0,62.5,75.0,87.5,87.5,87.5,87.5,62.5,37.5,50.0,50.0,50.0,37.5,37.5,25.0,25.0,37.5,12.5,12.5,25.0,25.0,50.0,50.0,50.0,62.5,37.5,37.5,25.0,12.5,12.5],"assessmentRisk":[37.575,38.7711,38.4642,32.4072,48.235,29.0036,16.7308,26.8658,14.1205,2.3676,8.2302,2.4207,23.9689,36.1019,15.6747,18.2854,10.2419,18.7286,20.451,14.3347,25.2813,42.2261,30.8368,14.8202,12.3649,20.0494,32.6021,18.2948,38.4401,24.7252,33.1571,52.2584,14.7983,24.9901,45.935,32.5861,18.7993,26.7351,44.7569,32.0856,20.921,30.6058,30.8743,30.3714,34.0348,16.7359,36.4759,13.7269,20.6686,1.933,32.6067,14.0981],"volumeParticipation":true,"latest":{"consensus":-33.2,"control":-38.7,"force":-52.6,"direction":-13.1,"confirmation":87.1,"persistence":12.5,"assessmentRisk":14.1,"intensity":51.9,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-33.2","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-38.7","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-52.6","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction 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trend references are aligned downward.","series":[{"label":"Close","values":[6.735,6.601,6.332,6.39,6.321,6.437,6.758,6.94,6.827,7.136,6.773,6.415,7.9727,7.012,6.177,6.293,5.864,5.877,5.873,5.921,6.014,6.125,6.229,7.222,7.442,7.314,7.382,7.114,7.542,7.996,7.738,8.234,8.1,7.311,7.262,7.526,8.13,8.388,8.084,8.088,7.972,7.43,7.591,7.46,6.856,7.148,7.344,6.808,7.228,6.949,6.71,6.931,6.399,7.094,7.274,6.911],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,6.546,6.5262,6.5683,6.6359,6.6707,6.7553,6.7585,6.696,6.9282,6.9434,6.8041,6.7111,6.5571,6.4335,6.3316,6.2569,6.2127,6.1968,6.2026,6.388,6.5796,6.7131,6.8348,6.8855,7.0049,7.1851,7.2856,7.4581,7.5748,7.5268,7.4787,7.4873,7.6041,7.7467,7.808,7.8589,7.8795,7.7977,7.7602,7.7056,7.5511,7.4778,7.4535,7.3361,7.3165,7.2497,7.1515,7.1114,6.9819,7.0023,7.0517,7.0261],"stroke":"#176fa3","width":1.7},{"label":"Slow 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risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[0.0,-1.9896,-5.9837,-5.1225,-6.147,-4.4246,0.0,0.0,-1.6282,0.0,-5.0869,-10.1037,0.0,-12.0499,-22.5231,-21.0681,-26.449,-26.286,-26.3361,-25.7341,-24.5676,-23.1753,-21.8709,-9.4159,-6.6565,-8.2619,-7.409,-10.7705,-5.4022,0.0,-3.2266,0.0,-1.6274,-11.2096,-11.8047,-8.5985,-1.2631,0.0,-3.6242,-3.5765,-4.9595,-11.4211,-9.5017,-11.0634,-18.2642,-14.783,-12.4464,-18.8364,-13.8293,-17.1555,-20.0048,-17.3701,-23.7124,-15.4268,-13.2809,-17.6085],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,9.7928,8.0051,12.8935,7.1508,1.4871,26.1304,10.9318,0.0,1.8779,0.0,0.2217,0.1535,0.972,2.558,4.4509,6.2244,23.1583,26.91,24.7271,25.8868,21.3165,28.6153,36.3574,31.9577,40.4161,38.131,24.676,23.8404,28.3424,38.6426,43.0423,37.8581,37.9263,35.9482,26.7053,29.2525,27.022,15.7913,18.856,19.902,9.2952,6.1692,2.0711,0.0,3.2936,0.0,10.8611,13.674,8.0013],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior 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map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,52.1625,45.9839,62.8793,43.0313,23.4567,100.0,51.6434,9.6139,15.4528,4.3977,5.3732,8.6571,10.7452,14.791,19.6198,24.1441,67.3424,76.913,71.3447,74.3029,62.6441,81.2633,83.9479,74.6204,90.5874,82.8835,55.9276,54.2535,63.273,83.9084,92.7229,82.3369,82.4735,78.5104,59.9932,65.4937,61.0181,38.7934,49.0354,50.975,28.5657,39.2478,13.8237,8.7355,19.4015,7.2842,36.5474,44.1263,28.8421],"stroke":"#10243b","width":2.0},{"label":"From 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geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,11.1994,13.0784,12.3109,13.0267,12.2955,11.7522,11.2115,10.5633,9.8281,9.1962,8.4244,8.1174,8.1578,7.8759,8.1541,7.5947,7.454,7.6638,7.3487,7.4905,8.5443,8.5246,8.458,7.961,7.5643,7.6213,7.4249,7.6373,8.333,7.9905,8.0049,8.7172,8.0906,7.7519,8.4573,7.8436,7.9478,8.0901,7.6849,8.5162,7.835,7.4439,7.7703],"stroke":"#c13f3f","width":1.9},{"label":"Envelope 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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":[null,null,null,null,null,null,null,157.7613,59.3231,122.2226,308.5765,223.7718,52.2185,575.6147,199.6975,92.6211,66.1057,87.5821,47.106,187.5113,13.1182,6.7197,89.2143,269.0628,273.9062,197.0283,201.3295,54.5464,152.6812,223.0196,119.1591,184.072,82.0613,116.3629,42.1285,48.621,44.0809,41.2472,32.1126,35.7822,69.0892,52.2228,158.8339,71.8811,1.8903,70.9585,94.3213,11.9145,3.8609,0.1722,15.743,16.1297,103.246,204.833,41.9854,91.6054],"stroke":"#1678a7","width":1.8},{"label":"Cumulative 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