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adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.3,"sample":8},{"week":2,"averageReturn":-5.0,"sample":8},{"week":3,"averageReturn":-4.7,"sample":8},{"week":4,"averageReturn":-5.3,"sample":8},{"week":5,"averageReturn":-5.7,"sample":8},{"week":6,"averageReturn":-7.3,"sample":8},{"week":7,"averageReturn":-10.4,"sample":8},{"week":8,"averageReturn":-15.5,"sample":8},{"week":9,"averageReturn":-16.8,"sample":8},{"week":10,"averageReturn":-19.0,"sample":8},{"week":11,"averageReturn":-17.7,"sample":8},{"week":12,"averageReturn":-17.1,"sample":8},{"week":13,"averageReturn":-20.5,"sample":8},{"week":14,"averageReturn":-22.2,"sample":8},{"week":15,"averageReturn":-21.5,"sample":8},{"week":16,"averageReturn":-23.7,"sample":8},{"week":17,"averageReturn":-21.5,"sample":8},{"week":18,"averageReturn":-22.7,"sample":8},{"week":19,"averageReturn":-23.1,"sample":8},{"week":20,"averageReturn":-26.2,"sample":8},{"week":21,"averageReturn":-24.3,"sample":8},{"week":22,"averageReturn":-23.2,"sample":8},{"week":23,"averageReturn":-21.7,"sample":8},{"week":24,"averageReturn":-17.9,"sample":8},{"week":25,"averageReturn":-19.4,"sample":8},{"week":26,"averageReturn":-19.8,"sample":8}]}},"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 strength ahead of price","tone":"caution","headline":"Underlying strength is leading price","use":"A positive price response is needed before the early upside case is confirmed.","confirm":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":0.0,"averageReturn":-17.1,"sample":8},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"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":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 0.0% of comparable cases moved higher after 12 weeks, with an average move of -17.1% across 8 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"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 3 cases. Distinct visits lasted 3.3 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 8.8% across 8 completed cases, with the largest move arriving after 2.4 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":[{"date":"2025-06-20","price":2.77},{"date":"2026-08-07","price":2.76}],"distribution_rollovers":[],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[4.17,4.09,4.0,3.58,3.64,4.05,4.55,3.9,3.68,3.57,3.3,3.32,3.13,2.93,3.1,2.89,2.9,2.8,2.88,2.8,2.74,2.88,2.8,2.79,2.88,3.35,3.26,2.98,3.15,3.26,2.81,2.83,2.82,2.5,2.5,2.52,2.35,2.42,2.37,2.4,2.46,2.48,2.52,2.77,3.3,3.27,3.53,3.68,3.61,3.36,3.8,4.36,4.55,5.02,4.81,4.76,4.52,4.34,4.19,3.98,3.92,4.07,4.02,3.95,3.85,3.89,3.6,3.8,3.78,3.73,3.76,3.8,3.62,3.7,3.61,3.5,3.32,3.33,3.35,3.3,3.16,2.96,3.0,2.9,2.78,2.79,2.84,2.88,2.75,2.8,2.73,2.5,2.38,2.34,2.06,2.0,2.03,1.89,2.4,2.54,2.65,2.48,2.76,2.7],"consensus":[-66.1289,-45.126,-50.315,-56.989,-29.9377,0.0,21.4471,-35.7754,-26.1566,-35.1825,-45.9174,-23.7196,-36.606,-43.5569,-15.319,-40.3549,-31.6957,-33.4839,0.0,-23.4867,-24.609,0.0,-17.2282,-11.4886,0.0,51.2678,0.0,-19.0497,24.5627,16.5958,-50.2534,-22.2494,-24.3503,-58.1817,-30.8686,-9.6797,-32.4358,0.0,-30.0084,-19.7289,0.0,0.0,12.3378,51.597,61.942,30.3541,61.4552,50.1527,12.0842,0.0,61.7682,73.6288,40.1923,69.055,29.5339,24.5758,0.0,-15.2209,-11.3141,-40.2738,-15.6482,0.0,-17.5829,-9.6984,-21.3283,0.0,-51.0912,0.0,0.0,-16.1834,0.0,0.0,-35.0556,0.0,-32.8433,-47.2905,-52.1449,-37.6191,-26.0362,-43.9698,-44.5324,-68.7023,-31.5958,-46.2771,-58.1164,-21.4265,-20.4297,-15.2756,-50.2448,-15.0005,-43.0899,-75.3811,-73.0754,-30.6522,-56.5385,-58.9992,-37.9881,-53.1393,45.1131,48.2755,48.2782,-11.2022,60.1387,19.7273],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[23.0983,63.3195,27.8339,18.6498,0.0,-16.7867,-4.6344,-38.8466,-4.4026,0.0,-20.7403,-8.5907,-25.3062,0.0,-57.0173,0.0,0.0,-12.1941,0.0,0.0,-35.2606,0.0,-39.2094,-49.7082,-59.0619,-38.6042,-21.6748,-51.4972,-43.0795,-73.6176,-25.9521,-45.8158,-64.8601,-8.3119,-15.5805,-20.1679,-66.8897,-20.3783,-46.6952,-77.5305,-74.7956,-15.9479,-56.4824,-53.4981,-31.7266,-51.4151,42.6796,35.5181,44.1782,-29.9386,46.6273,14.4115],"force":[35.9934,79.9892,14.0429,4.0048,0.0,-35.9093,-23.9386,-61.9322,-14.9302,0.0,-17.3735,-6.9073,-15.2338,0.0,-49.3284,0.0,0.0,-7.2415,0.0,0.0,-38.8411,0.0,-25.9892,-49.4825,-42.2227,-17.3031,-4.4895,-29.2927,-41.0282,-71.1701,-3.5271,-26.6381,-40.0158,-6.8341,-13.063,-18.9325,-37.053,-15.0634,-36.0583,-92.3118,-83.6581,-6.6528,-37.8946,-51.2182,-4.7883,-31.1238,90.7505,81.6234,50.3263,-39.3361,90.7388,2.9939],"direction":[62.7275,67.7997,62.6031,51.7631,0.0,-1.3459,-9.9305,-26.4347,-29.013,0.0,-14.1241,-12.958,-21.1354,0.0,-45.5777,0.0,0.0,-27.1297,0.0,0.0,-32.1173,0.0,-30.4636,-42.9616,-51.327,-51.0048,-46.4112,-45.8507,-48.6959,-61.3222,-58.0949,-60.832,-63.3383,-56.6008,-49.895,-34.1186,-40.6447,-30.3286,-43.9921,-60.8314,-63.5505,-64.5994,-69.9197,-70.844,-68.8583,-70.8351,15.2961,39.0353,51.5009,-30.3064,53.723,42.0319],"intensity":[100.0,94.2308,50.0,40.3846,69.2308,53.8462,78.8462,53.8462,80.7692,71.1538,19.2308,59.6154,26.9231,42.3077,57.6923,42.3077,19.2308,1.9231,1.9231,5.7692,38.4615,19.2308,25.0,26.9231,46.1538,1.9231,40.3846,15.3846,61.5385,50.0,7.6923,34.6154,36.5385,34.6154,51.9231,46.1538,40.3846,9.6154,28.8462,59.6154,59.6154,38.4615,69.2308,17.3077,11.5385,40.3846,94.2308,61.5385,82.6923,46.1538,88.4615,94.2308],"confirmation":[80.994,90.5182,33.8112,53.2712,31.0704,51.0978,49.4404,81.5694,50.4902,28.4545,73.572,48.3686,74.5787,27.6311,84.2052,30.4821,3.6045,50.3003,26.3378,27.1955,79.33,25.7721,78.204,83.1629,84.2786,79.404,53.0747,81.5083,82.1657,89.9851,54.6746,82.2172,85.9428,52.9863,31.0441,30.4767,83.4227,29.6822,81.5195,92.6052,91.6804,54.6347,85.525,86.7264,56.5731,84.3599,83.8641,84.6589,83.5739,33.2886,88.3828,51.6733],"persistence":[87.5,87.5,87.5,87.5,75.0,62.5,37.5,12.5,12.5,25.0,50.0,75.0,87.5,75.0,75.0,62.5,50.0,62.5,50.0,37.5,37.5,37.5,37.5,50.0,62.5,62.5,75.0,87.5,87.5,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,50.0,25.0,25.0,0.0,25.0],"assessmentRisk":[29.8744,15.4724,35.1879,32.9535,3.2591,41.6955,43.1727,29.4605,40.7765,40.6115,18.9306,1.1475,6.7241,37.6236,24.3793,43.2966,21.6662,33.9113,39.6201,3.1295,25.5538,7.8809,26.3742,25.7119,23.1223,30.9278,35.5092,26.138,25.7337,15.6199,34.1395,26.8446,20.9246,37.4586,37.8277,3.7758,8.5671,13.4352,21.8826,12.2796,13.4223,34.669,21.7305,20.4964,30.8982,23.4138,24.9402,25.5219,25.7,55.3668,16.7712,22.232],"volumeParticipation":true,"latest":{"consensus":19.7,"control":14.4,"force":3.0,"direction":42.0,"confirmation":51.7,"persistence":25.0,"assessmentRisk":22.2,"intensity":94.2,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the upward view","summary":"The completed evidence gives the upward view the clearer support.","take":"Current assessment: upward pressure has the stronger support.","tone":"positive","supportedView":"Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+19.7","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+14.4","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+3.0","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+42.0","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"52/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"49.7","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"8.8%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"25.6","detail":"Directional","tone":"positive"},{"label":"Range position","value":"54%","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":[4.17,4.09,4.0,3.58,3.64,4.05,4.55,3.9,3.68,3.57,3.3,3.32,3.13,2.93,3.1,2.89,2.9,2.8,2.88,2.8,2.74,2.88,2.8,2.79,2.88,3.35,3.26,2.98,3.15,3.26,2.81,2.83,2.82,2.5,2.5,2.52,2.35,2.42,2.37,2.4,2.46,2.48,2.52,2.77,3.3,3.27,3.53,3.68,3.61,3.36,3.8,4.36,4.55,5.02,4.81,4.76,4.52,4.34,4.19,3.98,3.92,4.07,4.02,3.95,3.85,3.89,3.6,3.8,3.78,3.73,3.76,3.8,3.62,3.7,3.61,3.5,3.32,3.33,3.35,3.3,3.16,2.96,3.0,2.9,2.78,2.79,2.84,2.88,2.75,2.8,2.73,2.5,2.38,2.34,2.06,2.0,2.03,1.89,2.4,2.54,2.65,2.48,2.76,2.7],"stroke":"#10243b","width":2.1},{"label":"Fast 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