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The zone is a watch area rather than a directional signal.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price remains downward while Market Dynamics is positive","detail":"The positive Market Dynamics reading has not yet reversed the downward price structure."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 1.8% across 2 completed cases, with the largest move arriving after 6.0 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":"2026-06-12","price":8.533}],"reversal_dangers":[{"date":"2026-06-19","price":8.597}]}},"smTape":{"available":true,"dates":["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":[8.656,8.398,8.634,8.667,8.716,8.739,8.903,8.984,8.567,8.315,8.434,8.434,8.434,8.584,8.551,8.402,8.239,8.248,8.15,8.033,8.151,8.195,8.163,8.14,8.277,8.242,8.335,8.367,8.533,8.597,8.681,8.627,8.633,8.488,8.302,8.28,8.47,8.448,8.281],"consensus":[-100.0,-95.092,23.9819,-58.0,17.4927,32.5309,49.8429,25.3407,-51.8338,-68.7021,-23.9582,-26.3381,-19.4595,14.2808,0.0,-15.6356,-51.4673,-13.2234,-52.7292,-66.0465,0.0,0.0,-29.19,0.0,25.0888,0.0,29.5013,20.8218,28.9954,24.5515,42.9086,27.1891,16.6649,-12.1167,-54.3561,-40.3492,34.0206,0.0,-48.3134],"supportDates":["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,null,null,null,null,28.9025,50.6765,3.5733,-45.2251,-65.6338,-12.2846,-16.6212,-15.5386,5.4237,0.0,-12.9711,-60.3971,-0.7946,-58.9276,-64.9856,0.0,0.0,-43.0463,0.0,26.6785,0.0,31.9556,15.7146,18.3695,10.3143,39.9286,19.6004,3.289,-12.2511,-48.483,-38.7233,44.6624,0.0,-58.2091],"force":[-100.0,-95.092,23.9819,-58.0,0.1868,26.1369,37.3737,16.2002,-87.6558,-80.4201,-6.9819,-10.011,-4.8506,34.3054,0.0,-4.7419,-49.326,-10.4257,-43.3171,-81.3312,0.0,0.0,-16.9905,0.0,43.7648,0.0,33.1987,13.5204,16.5573,3.5681,23.0477,0.2745,4.6877,-27.8576,-83.7457,-40.4807,71.9384,0.0,-63.9488],"direction":[null,null,null,null,29.8541,41.2448,57.7967,56.7467,-33.7994,-63.8387,-49.4253,-49.1053,-34.3755,22.497,0.0,-26.4619,-42.7913,-46.1361,-52.3682,-56.3414,0.0,0.0,-22.0681,0.0,9.932,0.0,24.0553,31.8738,50.0236,55.8108,60.5008,55.0866,47.2036,-0.7197,-40.0756,-42.1133,5.2257,0.0,-25.836],"intensity":[null,null,null,null,25.0,40.0,66.6667,100.0,87.5,77.7778,70.0,63.6364,8.3333,46.1538,28.5714,60.0,31.25,29.4118,16.6667,26.3158,30.0,33.3333,9.0909,86.9565,79.1667,12.0,26.9231,40.7407,57.1429,20.6897,16.6667,16.129,6.25,57.5758,76.4706,11.4286,61.1111,10.8108,57.8947],"confirmation":[54.6667,53.0961,30.3409,41.2267,27.4732,78.2703,83.557,53.4955,85.7792,90.3885,52.6605,76.0787,51.1749,51.9708,2.2983,50.0453,84.2682,6.118,84.492,89.6169,6.5681,28.5201,76.7579,25.407,76.5734,24.7802,77.5157,74.5183,77.0614,52.7673,81.1709,53.3292,28.5526,49.6884,86.3791,80.9405,58.3282,24.9166,44.64],"persistence":[null,null,33.3333,50.0,20.0,0.0,14.2857,25.0,25.0,25.0,0.0,0.0,25.0,25.0,37.5,62.5,62.5,62.5,62.5,62.5,50.0,62.5,75.0,62.5,37.5,25.0,0.0,25.0,37.5,50.0,75.0,87.5,87.5,75.0,50.0,25.0,25.0,12.5,12.5],"assessmentRisk":[null,null,null,null,7.6103,32.4156,22.1038,36.1343,5.2582,14.0255,37.0768,36.504,21.1781,37.8696,31.0121,2.0817,15.8712,41.8339,22.9366,16.2331,22.7963,20.8633,21.1851,43.8,30.0075,18.4152,32.7532,38.7675,34.9845,37.7024,28.5156,36.2453,36.5431,37.4237,22.7744,29.7365,62.1951,20.1678,15.1231],"volumeParticipation":true,"latest":{"consensus":-48.3,"control":-58.2,"force":-63.9,"direction":-25.8,"confirmation":44.6,"persistence":12.5,"assessmentRisk":15.1,"intensity":57.9,"evidenceDepth":100},"analysis":{"status":"Price structure has stronger support","headline":"The gauges support the price-technical view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the downward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-48.3","detail":"Price structure has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-58.2","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-63.9","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-25.8","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"45/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"37.6","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"2.0%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"16.5","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"63%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned downward.","series":[{"label":"Close","values":[8.656,8.398,8.634,8.667,8.716,8.739,8.903,8.984,8.567,8.315,8.434,8.434,8.434,8.584,8.551,8.402,8.239,8.248,8.15,8.033,8.151,8.195,8.163,8.14,8.277,8.242,8.335,8.367,8.533,8.597,8.681,8.627,8.633,8.488,8.302,8.28,8.47,8.448,8.281],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,8.6402,8.6581,8.7027,8.7538,8.7198,8.6462,8.6077,8.5761,8.5502,8.5564,8.5554,8.5275,8.4751,8.4338,8.3822,8.3187,8.2882,8.2713,8.2516,8.2313,8.2396,8.24,8.2573,8.2772,8.3237,8.3734,8.4294,8.4653,8.4958,8.4944,8.4594,8.4268,8.4346,8.4371,8.4087],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,8.6108,8.6089,8.6046,8.5896,8.5636,8.5402,8.5113,8.4759,8.4518,8.4328,8.4128,8.3926,8.384,8.3735,8.3707,8.3704,8.3824,8.3983,8.4193,8.4347,8.4493,8.4522,8.4411,8.4292,8.4322,8.4334,8.4221],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,9.0428,9.0265,9.0096,8.993,8.9775,8.9623,8.9514,8.9566,8.9553,8.9621,8.9785,8.9717,8.976,8.9632,8.9427,8.9057,8.8598,8.7662,8.6175,8.6104,8.6495,8.6946,8.724,8.7526,8.7389,8.716,8.7097,8.723,8.7327,8.7292],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,8.273,8.2486,8.2316,8.2195,8.2318,8.2399,8.2259,8.1796,8.1453,8.0964,8.0303,7.9866,7.962,7.9277,7.8955,7.8886,7.8848,7.9216,8.0086,8.0123,8.0014,7.981,7.9709,7.9622,7.9663,7.9643,7.9584,7.9682,7.9785,7.9951],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"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":[null,null,null,null,null,null,null,150.1803,91.5307,131.3568,42.5632,0.0,0.0,120.6092,75.7026,0.2347,45.0836,289.9112,42.3162,368.3176,39.4638,0.1942,14.9457,52.3569,19.843,99.3834,1.7778,0.0,2.5743,5.8926,0.0,0.0,85.3885,0.0,474.1617,198.5801,92.4808,125.9325,29.6199],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,130.2435,123.171,125.3382,125.3382,125.3382,130.6182,127.3607,127.3512,125.5925,135.0,133.3556,116.6889,118.5075,118.5162,117.8601,115.9081,116.6469,113.1122,113.1727,113.1727,113.2456,113.3939,113.3939,113.3939,115.5498,115.5498,102.2807,96.1119,99.0462,95.5634,94.7566],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,3.0473,3.0352,3.0962,3.0438,2.8856,2.8257,2.8532,2.7776,2.6037,2.4596,2.8133,2.6692,2.6113,2.4946,2.3348,2.2874,2.2163,2.1072,2.0136,1.8916,1.9085,2.0244,2.0315,2.0043,1.9345,1.98],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,8.8919,9.0057,9.025,8.9875,8.6663,8.399,8.4476,9.0685,9.4739,10.15,11.1497,11.618,11.9726,12.2617,12.4384,12.1129,11.6445,10.1223,7.3247,7.1972,7.7834,8.5582,9.0222,9.4584,9.2509,9.0136,9.0141,9.0448,9.0274,8.7788],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,42.1277,12.5532,0.0,8.0135,8.0135,8.0135,18.1145,15.8923,7.8444,-2.2266,4.4335,0.0,0.0,6.678,9.1681,7.3571,24.9887,31.1794,29.5978,33.8003,35.2463,42.7474,45.6394,49.4352,46.995,47.2662,62.963,53.6787,52.027,80.713,78.702,63.4369],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-8.3265,-12.5816,-15.1531,-13.9388,-13.9388,-13.9388,-12.4082,-12.7449,-14.2653,-15.9286,-15.8367,-16.8367,-18.0306,-16.8265,-16.3776,-16.7041,-16.9388,-15.5408,-15.898,-14.949,-14.6224,-12.9286,-12.2755,-11.4184,-11.9694,-11.9082,-5.8771,-6.9178,-7.1645,-2.4306,-2.684,-4.6078],"stroke":"#c13f3f","width":1.5},{"label":"From 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centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,21.2797,20.8711,19.5229,18.4463,17.5268,16.3971,15.4887,14.8634,15.3192,15.7425,15.8303,15.9119,16.485],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,36.5159,34.1743,31.6596,30.4963,29.8374,29.6268,27.6417,25.9848,25.602,25.4429,20.7131,20.8092,20.8975,23.9682,24.1265,29.4853,31.9097,31.5659,30.865,31.7117,29.6843,26.5682,24.6502,24.7834,23.906,22.1251],"stroke":"#07865c","width":1.6},{"label":"Negative 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