{"schema_version":"1.0","name":"BFAP Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"43455e9d-6623-41a3-8705-c85c200a272f","symbol":"BFAP","name":"FT VEST BITCOIN STRATEGY FLOOR15 ETF - APRIL","exchange":"NYSEARCA","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics improved this week but remains below zero. The broader path has not changed enough to establish a new direction. 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, Range position and boundary pressure, Activity pressure and cumulative balance, Drawdown and recovery pressure, Acceleration, deceleration and rollover."},{"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":"2026-08-21","observations":73,"displayedObservations":73,"assetType":"ETF","state":"Rotational","stateTone":"caution","summary":"Market Dynamics improved this week but remains below zero. The broader path has not changed enough to establish a new direction. Price structure remains rotational.","evidenceAlignment":{"status":"Negative pressure; price rotational","headline":"Market Dynamics is negative while price has no clear direction","summary":"Market Dynamics improved this week but remains below zero. The broader path has not changed enough to establish a new direction. Price structure remains rotational.","take":"The underlying condition is weak, but a negative price response is still required.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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"],"values":[-0.442338,-0.630439,-0.728006,-0.870377,-0.988539,-1.222018,-1.4346,-1.533418,-1.478379,-1.410771,-1.391872,-1.279359,-1.210545,-0.934121,-0.694503,-0.699387,-0.801218,-1.12863,-1.40714,-1.550281,-1.631255,-1.650181,-1.706524,-1.784989,-1.802816,-1.625205,-1.381842,-1.037597,-0.646076,-0.373946,-0.106074,0.099202,0.223471,0.264984,0.238271,0.121821,0.04976,0.054714,-0.016645,-0.025286,-0.098459,-0.183437,-0.207848,-0.259905,-0.131541],"opens":[20.38039,20.094182,20.493462,19.971534,19.939024,18.565193,17.868029,17.787384,18.539235,17.922633,18.276297,18.0851,19.1301,18.7801,18.5361,18.4399,16.6452,15.45,15.75,14.935,15.13,15.1101,15.6,14.94,14.4642,14.57,14.9202,15.11,15.23,15.4411,15.5888,15.26,15.2301,14.83,14.17,14.48,14.3248,13.79,14.22,14.1,14.4048,14.38,14.2391,14.28,14.275],"highs":[20.38039,20.157271,20.493462,19.971534,19.939024,18.667596,18.472871,18.793185,18.846696,18.246307,18.276297,18.67,19.1301,19.702,18.6403,18.56,16.6452,15.6201,15.75,15.2399,15.7181,15.37,15.69,14.9919,14.4663,14.9057,15.2234,15.3258,15.3447,15.53,15.6,15.3453,15.2301,14.8812,14.2155,14.49,14.3248,14.0257,14.29,14.3807,14.5046,14.41,14.3799,14.29,15.3799],"lows":[19.724557,19.836957,19.932387,19.387442,18.810238,17.695817,17.868029,17.787384,18.481271,17.801328,18.120886,18.0851,18.6272,18.7801,18.5157,17.5853,15.2004,15.06,14.99,14.81,15.0796,15.1101,15.0048,14.5002,14.39,14.43,14.9202,15.02,15.14,15.4411,15.4097,15.2067,14.96,13.9282,13.94,14.175,13.81,13.69,14.09,14.0949,14.285,13.83,14.2391,14.125,14.275],"closes":[19.724557,20.157271,20.2401,19.72044,18.810238,17.695817,18.472871,18.348374,18.540075,18.246307,18.162133,18.502,18.6272,19.4479,18.5157,17.5853,15.6566,15.35,15.0996,14.8451,15.0796,15.2884,15.0048,14.5002,14.3948,14.9057,15.2234,15.2708,15.3447,15.4751,15.4097,15.2067,15.0651,13.9282,14.2155,14.175,13.8963,14.0257,14.2696,14.2951,14.285,14.12,14.3444,14.125,15.3799],"hoverRows":[[{"label":"Open","value":"20.4","className":"is-ohlc","compact":true},{"label":"High","value":"20.4","className":"is-ohlc","compact":true},{"label":"Low","value":"19.7","className":"is-ohlc","compact":true},{"label":"Close","value":"19.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.44","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.1","className":"is-ohlc","compact":true},{"label":"High","value":"20.2","className":"is-ohlc","compact":true},{"label":"Low","value":"19.8","className":"is-ohlc","compact":true},{"label":"Close","value":"20.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.63","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.5","className":"is-ohlc","compact":true},{"label":"High","value":"20.5","className":"is-ohlc","compact":true},{"label":"Low","value":"19.9","className":"is-ohlc","compact":true},{"label":"Close","value":"20.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.73","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.0","className":"is-ohlc","compact":true},{"label":"High","value":"20.0","className":"is-ohlc","compact":true},{"label":"Low","value":"19.4","className":"is-ohlc","compact":true},{"label":"Close","value":"19.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.87","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.9","className":"is-ohlc","compact":true},{"label":"High","value":"19.9","className":"is-ohlc","compact":true},{"label":"Low","value":"18.8","className":"is-ohlc","compact":true},{"label":"Close","value":"18.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.99","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.6","className":"is-ohlc","compact":true},{"label":"High","value":"18.7","className":"is-ohlc","compact":true},{"label":"Low","value":"17.7","className":"is-ohlc","compact":true},{"label":"Close","value":"17.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.22","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17.9","className":"is-ohlc","compact":true},{"label":"High","value":"18.5","className":"is-ohlc","compact":true},{"label":"Low","value":"17.9","className":"is-ohlc","compact":true},{"label":"Close","value":"18.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.43","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17.8","className":"is-ohlc","compact":true},{"label":"High","value":"18.8","className":"is-ohlc","compact":true},{"label":"Low","value":"17.8","className":"is-ohlc","compact":true},{"label":"Close","value":"18.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.53","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.5","className":"is-ohlc","compact":true},{"label":"High","value":"18.8","className":"is-ohlc","compact":true},{"label":"Low","value":"18.5","className":"is-ohlc","compact":true},{"label":"Close","value":"18.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.48","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17.9","className":"is-ohlc","compact":true},{"label":"High","value":"18.2","className":"is-ohlc","compact":true},{"label":"Low","value":"17.8","className":"is-ohlc","compact":true},{"label":"Close","value":"18.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.41","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.3","className":"is-ohlc","compact":true},{"label":"High","value":"18.3","className":"is-ohlc","compact":true},{"label":"Low","value":"18.1","className":"is-ohlc","compact":true},{"label":"Close","value":"18.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.39","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.1","className":"is-ohlc","compact":true},{"label":"High","value":"18.7","className":"is-ohlc","compact":true},{"label":"Low","value":"18.1","className":"is-ohlc","compact":true},{"label":"Close","value":"18.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.28","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.1","className":"is-ohlc","compact":true},{"label":"High","value":"19.1","className":"is-ohlc","compact":true},{"label":"Low","value":"18.6","className":"is-ohlc","compact":true},{"label":"Close","value":"18.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.21","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.8","className":"is-ohlc","compact":true},{"label":"High","value":"19.7","className":"is-ohlc","compact":true},{"label":"Low","value":"18.8","className":"is-ohlc","compact":true},{"label":"Close","value":"19.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.93","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.5","className":"is-ohlc","compact":true},{"label":"High","value":"18.6","className":"is-ohlc","compact":true},{"label":"Low","value":"18.5","className":"is-ohlc","compact":true},{"label":"Close","value":"18.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.69","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.4","className":"is-ohlc","compact":true},{"label":"High","value":"18.6","className":"is-ohlc","compact":true},{"label":"Low","value":"17.6","className":"is-ohlc","compact":true},{"label":"Close","value":"17.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.70","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"16.6","className":"is-ohlc","compact":true},{"label":"High","value":"16.6","className":"is-ohlc","compact":true},{"label":"Low","value":"15.2","className":"is-ohlc","compact":true},{"label":"Close","value":"15.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.80","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.4","className":"is-ohlc","compact":true},{"label":"High","value":"15.6","className":"is-ohlc","compact":true},{"label":"Low","value":"15.1","className":"is-ohlc","compact":true},{"label":"Close","value":"15.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.13","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.8","className":"is-ohlc","compact":true},{"label":"High","value":"15.8","className":"is-ohlc","compact":true},{"label":"Low","value":"15.0","className":"is-ohlc","compact":true},{"label":"Close","value":"15.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.41","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.9","className":"is-ohlc","compact":true},{"label":"High","value":"15.2","className":"is-ohlc","compact":true},{"label":"Low","value":"14.8","className":"is-ohlc","compact":true},{"label":"Close","value":"14.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.55","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.1","className":"is-ohlc","compact":true},{"label":"High","value":"15.7","className":"is-ohlc","compact":true},{"label":"Low","value":"15.1","className":"is-ohlc","compact":true},{"label":"Close","value":"15.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.63","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.1","className":"is-ohlc","compact":true},{"label":"High","value":"15.4","className":"is-ohlc","compact":true},{"label":"Low","value":"15.1","className":"is-ohlc","compact":true},{"label":"Close","value":"15.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.65","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.6","className":"is-ohlc","compact":true},{"label":"High","value":"15.7","className":"is-ohlc","compact":true},{"label":"Low","value":"15.0","className":"is-ohlc","compact":true},{"label":"Close","value":"15.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.71","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.9","className":"is-ohlc","compact":true},{"label":"High","value":"15.0","className":"is-ohlc","compact":true},{"label":"Low","value":"14.5","className":"is-ohlc","compact":true},{"label":"Close","value":"14.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.78","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.5","className":"is-ohlc","compact":true},{"label":"High","value":"14.5","className":"is-ohlc","compact":true},{"label":"Low","value":"14.4","className":"is-ohlc","compact":true},{"label":"Close","value":"14.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.80","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.6","className":"is-ohlc","compact":true},{"label":"High","value":"14.9","className":"is-ohlc","compact":true},{"label":"Low","value":"14.4","className":"is-ohlc","compact":true},{"label":"Close","value":"14.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.63","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.9","className":"is-ohlc","compact":true},{"label":"High","value":"15.2","className":"is-ohlc","compact":true},{"label":"Low","value":"14.9","className":"is-ohlc","compact":true},{"label":"Close","value":"15.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.38","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.1","className":"is-ohlc","compact":true},{"label":"High","value":"15.3","className":"is-ohlc","compact":true},{"label":"Low","value":"15.0","className":"is-ohlc","compact":true},{"label":"Close","value":"15.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.04","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.2","className":"is-ohlc","compact":true},{"label":"High","value":"15.3","className":"is-ohlc","compact":true},{"label":"Low","value":"15.1","className":"is-ohlc","compact":true},{"label":"Close","value":"15.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.65","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.4","className":"is-ohlc","compact":true},{"label":"High","value":"15.5","className":"is-ohlc","compact":true},{"label":"Low","value":"15.4","className":"is-ohlc","compact":true},{"label":"Close","value":"15.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.37","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.6","className":"is-ohlc","compact":true},{"label":"High","value":"15.6","className":"is-ohlc","compact":true},{"label":"Low","value":"15.4","className":"is-ohlc","compact":true},{"label":"Close","value":"15.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.11","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.3","className":"is-ohlc","compact":true},{"label":"High","value":"15.3","className":"is-ohlc","compact":true},{"label":"Low","value":"15.2","className":"is-ohlc","compact":true},{"label":"Close","value":"15.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.10","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"15.2","className":"is-ohlc","compact":true},{"label":"High","value":"15.2","className":"is-ohlc","compact":true},{"label":"Low","value":"15.0","className":"is-ohlc","compact":true},{"label":"Close","value":"15.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.22","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.8","className":"is-ohlc","compact":true},{"label":"High","value":"14.9","className":"is-ohlc","compact":true},{"label":"Low","value":"13.9","className":"is-ohlc","compact":true},{"label":"Close","value":"13.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.26","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.2","className":"is-ohlc","compact":true},{"label":"High","value":"14.2","className":"is-ohlc","compact":true},{"label":"Low","value":"13.9","className":"is-ohlc","compact":true},{"label":"Close","value":"14.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.24","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.5","className":"is-ohlc","compact":true},{"label":"High","value":"14.5","className":"is-ohlc","compact":true},{"label":"Low","value":"14.2","className":"is-ohlc","compact":true},{"label":"Close","value":"14.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.12","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.3","className":"is-ohlc","compact":true},{"label":"High","value":"14.3","className":"is-ohlc","compact":true},{"label":"Low","value":"13.8","className":"is-ohlc","compact":true},{"label":"Close","value":"13.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.05","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.8","className":"is-ohlc","compact":true},{"label":"High","value":"14.0","className":"is-ohlc","compact":true},{"label":"Low","value":"13.7","className":"is-ohlc","compact":true},{"label":"Close","value":"14.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.05","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.2","className":"is-ohlc","compact":true},{"label":"High","value":"14.3","className":"is-ohlc","compact":true},{"label":"Low","value":"14.1","className":"is-ohlc","compact":true},{"label":"Close","value":"14.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.02","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.1","className":"is-ohlc","compact":true},{"label":"High","value":"14.4","className":"is-ohlc","compact":true},{"label":"Low","value":"14.1","className":"is-ohlc","compact":true},{"label":"Close","value":"14.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.03","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.4","className":"is-ohlc","compact":true},{"label":"High","value":"14.5","className":"is-ohlc","compact":true},{"label":"Low","value":"14.3","className":"is-ohlc","compact":true},{"label":"Close","value":"14.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.10","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.4","className":"is-ohlc","compact":true},{"label":"High","value":"14.4","className":"is-ohlc","compact":true},{"label":"Low","value":"13.8","className":"is-ohlc","compact":true},{"label":"Close","value":"14.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.18","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.2","className":"is-ohlc","compact":true},{"label":"High","value":"14.4","className":"is-ohlc","compact":true},{"label":"Low","value":"14.2","className":"is-ohlc","compact":true},{"label":"Close","value":"14.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.21","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.3","className":"is-ohlc","compact":true},{"label":"High","value":"14.3","className":"is-ohlc","compact":true},{"label":"Low","value":"14.1","className":"is-ohlc","compact":true},{"label":"Close","value":"14.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.26","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.3","className":"is-ohlc","compact":true},{"label":"High","value":"15.4","className":"is-ohlc","compact":true},{"label":"Low","value":"14.3","className":"is-ohlc","compact":true},{"label":"Close","value":"15.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.13","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[13.515672,20.620728],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.131541,"state":"Negative and broadly steady","context":{"scenario":"negativeSteady","latestDirection":"strengthening","fourWeekDirection":"steady","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Negative and broadly steady","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Negative and broadly steady","detail":"Market Dynamics improved this week but remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"22 May 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Supported","detail":"The broader path has not changed enough to establish a new direction.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":45,"relationship":{"sameWeekCorrelation":0.26,"forwardCorrelation":-0.16,"directionalAgreement":50.0,"sample":40,"correlationSample":44,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":6.5,"medianWeeksInZone":6.5,"averageWeeksToHigher":1.5,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":3.0,"averageReturn":3.0,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"medianReturn":-2.2,"averageReturn":-2.2,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.7,"sample":2},{"week":2,"averageReturn":2.3,"sample":2},{"week":3,"averageReturn":2.4,"sample":2},{"week":4,"averageReturn":3.0,"sample":2},{"week":5,"averageReturn":4.1,"sample":2},{"week":6,"averageReturn":4.7,"sample":2},{"week":7,"averageReturn":4.4,"sample":2},{"week":8,"averageReturn":3.1,"sample":2},{"week":9,"averageReturn":3.4,"sample":2},{"week":10,"averageReturn":-1.3,"sample":2},{"week":11,"averageReturn":4.2,"sample":2},{"week":12,"averageReturn":-2.2,"sample":1},{"week":13,"averageReturn":-4.2,"sample":1},{"week":14,"averageReturn":-3.3,"sample":1},{"week":15,"averageReturn":-1.6,"sample":1},{"week":16,"averageReturn":-1.4,"sample":1},{"week":17,"averageReturn":-1.5,"sample":1},{"week":18,"averageReturn":-2.6,"sample":1},{"week":19,"averageReturn":-1.1,"sample":1},{"week":20,"averageReturn":-2.6,"sample":1},{"week":21,"averageReturn":6.1,"sample":1},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":2.5,"medianWeeksInZone":2.5,"averageWeeksToLower":2.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-12.9,"averageReturn":-12.9,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-14.5,"averageReturn":-14.5,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-24.7,"averageReturn":-24.7,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.3,"sample":2},{"week":2,"averageReturn":-3.5,"sample":2},{"week":3,"averageReturn":-9.8,"sample":2},{"week":4,"averageReturn":-12.9,"sample":2},{"week":5,"averageReturn":-16.3,"sample":2},{"week":6,"averageReturn":-15.0,"sample":2},{"week":7,"averageReturn":-14.7,"sample":2},{"week":8,"averageReturn":-13.7,"sample":2},{"week":9,"averageReturn":-15.2,"sample":2},{"week":10,"averageReturn":-16.7,"sample":2},{"week":11,"averageReturn":-16.1,"sample":2},{"week":12,"averageReturn":-14.5,"sample":2},{"week":13,"averageReturn":-11.6,"sample":2},{"week":14,"averageReturn":-13.8,"sample":2},{"week":15,"averageReturn":-16.0,"sample":2},{"week":16,"averageReturn":-20.5,"sample":2},{"week":17,"averageReturn":-21.5,"sample":2},{"week":18,"averageReturn":-22.6,"sample":2},{"week":19,"averageReturn":-23.6,"sample":2},{"week":20,"averageReturn":-26.0,"sample":2},{"week":21,"averageReturn":-24.7,"sample":2},{"week":22,"averageReturn":-25.5,"sample":2},{"week":23,"averageReturn":-27.5,"sample":2},{"week":24,"averageReturn":-27.5,"sample":2},{"week":25,"averageReturn":-25.5,"sample":2},{"week":26,"averageReturn":-24.7,"sample":2}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":0.7,"medianReturn":0.7,"confidenceLow":20.7,"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":1.7,"sample":1},{"week":2,"averageReturn":1.9,"sample":1},{"week":3,"averageReturn":1.8,"sample":1},{"week":4,"averageReturn":0.7,"sample":1},{"week":5,"averageReturn":2.3,"sample":1},{"week":6,"averageReturn":0.7,"sample":1},{"week":7,"averageReturn":9.7,"sample":1},{"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}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":4,"completedEpisodes":3,"activeEpisodes":1,"medianExpectedMove":18.1,"averageExpectedMove":17.7,"averageWeeksToLargestMove":10.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"averageReturn":-5.0,"medianReturn":-1.4,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":-15.8,"medianReturn":-16.8,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":-20.4,"medianReturn":-19.7,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.5,"sample":4},{"week":2,"averageReturn":-4.0,"sample":3},{"week":3,"averageReturn":-3.2,"sample":3},{"week":4,"averageReturn":-5.0,"sample":3},{"week":5,"averageReturn":-6.8,"sample":3},{"week":6,"averageReturn":-10.1,"sample":3},{"week":7,"averageReturn":-10.6,"sample":3},{"week":8,"averageReturn":-11.8,"sample":3},{"week":9,"averageReturn":-11.0,"sample":3},{"week":10,"averageReturn":-11.3,"sample":3},{"week":11,"averageReturn":-11.9,"sample":3},{"week":12,"averageReturn":-15.8,"sample":3},{"week":13,"averageReturn":-17.1,"sample":3},{"week":14,"averageReturn":-17.5,"sample":3},{"week":15,"averageReturn":-17.1,"sample":3},{"week":16,"averageReturn":-16.5,"sample":3},{"week":17,"averageReturn":-16.3,"sample":3},{"week":18,"averageReturn":-18.8,"sample":3},{"week":19,"averageReturn":-19.0,"sample":3},{"week":20,"averageReturn":-19.3,"sample":3},{"week":21,"averageReturn":-19.3,"sample":3},{"week":22,"averageReturn":-18.8,"sample":3},{"week":23,"averageReturn":-20.3,"sample":3},{"week":24,"averageReturn":-19.6,"sample":3},{"week":25,"averageReturn":-19.5,"sample":3},{"week":26,"averageReturn":-20.4,"sample":3}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":5,"completedEpisodes":3,"activeEpisodes":2,"medianExpectedMove":18.6,"averageExpectedMove":16.3,"averageWeeksToLargestMove":10.7,"horizons":[{"weeks":4,"sample":4,"expectedCount":1,"expectedPercent":25.0,"averageReturn":0.8,"medianReturn":0.9,"confidenceLow":4.6,"confidenceHigh":69.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":-14.7,"medianReturn":-16.2,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-23.3,"medianReturn":-23.3,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.2,"sample":4},{"week":2,"averageReturn":1.9,"sample":4},{"week":3,"averageReturn":0.7,"sample":4},{"week":4,"averageReturn":0.8,"sample":4},{"week":5,"averageReturn":-3.8,"sample":4},{"week":6,"averageReturn":-3.5,"sample":4},{"week":7,"averageReturn":-13.7,"sample":3},{"week":8,"averageReturn":-14.1,"sample":3},{"week":9,"averageReturn":-14.2,"sample":3},{"week":10,"averageReturn":-14.9,"sample":3},{"week":11,"averageReturn":-14.7,"sample":3},{"week":12,"averageReturn":-14.7,"sample":3},{"week":13,"averageReturn":-15.4,"sample":3},{"week":14,"averageReturn":-15.4,"sample":3},{"week":15,"averageReturn":-15.4,"sample":3},{"week":16,"averageReturn":-13.8,"sample":3},{"week":17,"averageReturn":-13.6,"sample":3},{"week":18,"averageReturn":-10.5,"sample":3},{"week":19,"averageReturn":-16.3,"sample":2},{"week":20,"averageReturn":-16.5,"sample":2},{"week":21,"averageReturn":-17.1,"sample":2},{"week":22,"averageReturn":-20.7,"sample":2},{"week":23,"averageReturn":-20.3,"sample":2},{"week":24,"averageReturn":-23.5,"sample":2},{"week":25,"averageReturn":-23.5,"sample":2},{"week":26,"averageReturn":-23.3,"sample":2}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":0.9,"averageExpectedMove":0.9,"averageWeeksToLargestMove":1.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-6.8,"medianReturn":-6.8,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-7.1,"medianReturn":-7.1,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.9,"sample":1},{"week":2,"averageReturn":-8.4,"sample":1},{"week":3,"averageReturn":-6.5,"sample":1},{"week":4,"averageReturn":-6.8,"sample":1},{"week":5,"averageReturn":-8.6,"sample":1},{"week":6,"averageReturn":-7.8,"sample":1},{"week":7,"averageReturn":-6.2,"sample":1},{"week":8,"averageReturn":-6.0,"sample":1},{"week":9,"averageReturn":-6.1,"sample":1},{"week":10,"averageReturn":-7.1,"sample":1},{"week":11,"averageReturn":-5.7,"sample":1},{"week":12,"averageReturn":-7.1,"sample":1},{"week":13,"averageReturn":1.1,"sample":1},{"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}]}},"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":"Negative pressure; price rotational","tone":"caution","headline":"Market Dynamics is negative while price remains rotational","use":"Treat the pressure as context until price establishes a clear response.","confirm":"The underlying condition is weak, but a negative price response is still required.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":100.0,"averageReturn":-14.7,"sample":3},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"priceContext":{"label":"Price has no clear direction","detail":"Price remains rotational while the Market Dynamics condition develops."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"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, 100.0% of comparable cases moved lower after 12 weeks, with an average move of -14.7% across 3 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 2 cases. Distinct visits lasted 2.5 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 unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 16.3% across 3 completed cases, with the largest move arriving after 10.7 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":"2026-05-22","price":15.2067}],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[16.653,17.0953,17.2015,17.9338,18.0623,18.5451,18.6699,18.9255,18.8372,18.8814,19.0064,18.9672,19.3192,19.5985,20.2153,20.1703,20.0817,19.9359,20.2417,20.2329,20.3883,19.9853,20.2255,20.6249,20.5325,20.0522,20.8375,20.4306,19.7246,20.1573,20.2401,19.7204,18.8102,17.6958,18.4729,18.3484,18.5401,18.2463,18.1621,18.502,18.6272,19.4479,18.5157,17.5853,15.6566,15.35,15.0996,14.8451,15.0796,15.2884,15.0048,14.5002,14.3948,14.9057,15.2234,15.2708,15.3447,15.4751,15.4097,15.2067,15.0651,13.9282,14.2155,14.175,13.8963,14.0257,14.2696,14.2951,14.285,14.12,14.3444,14.125,15.3799],"consensus":[0.0,86.9077,-88.9112,47.921,76.8058,84.3918,74.1713,78.2917,24.002,54.4124,45.8408,17.6128,81.3661,85.5327,91.519,25.6307,24.8798,0.0,58.2483,15.2634,58.5232,-11.7454,39.7749,73.4405,25.8322,-23.3116,66.4938,-24.3809,-57.2843,24.5396,0.0,-43.4418,-68.9344,-79.4174,0.0,-36.0457,-25.7678,-12.088,-41.0962,13.1435,-14.362,56.4132,-34.3928,-72.7082,-78.1928,-57.2773,-68.3893,-65.8676,-39.5079,-19.2463,-53.0403,-61.2208,-52.2043,0.0,9.2871,0.0,16.2175,0.0,-16.0262,-36.3961,-30.0579,-77.5658,0.0,-50.0707,-64.3562,0.0,0.0,0.0,-16.0038,-27.4,12.3504,-36.911,-65.1832],"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":[-15.5025,56.0375,79.0744,27.8525,-29.225,80.9567,-24.1549,-57.9624,34.5829,0.0,-39.8407,-72.6603,-90.7052,0.0,-21.5005,-30.149,-12.7106,-44.4581,9.6055,-23.8416,50.7214,-55.6958,-72.2389,-76.6247,-45.9726,-67.1179,-63.3513,-49.2401,-15.1866,-67.9451,-75.7488,-58.11,0.0,15.1899,0.0,11.9122,0.0,-30.1966,-44.4001,-33.5639,-82.9975,0.0,-58.2871,-63.622,0.0,0.0,0.0,-35.6262,-31.2958,14.1137,-51.2321,-65.8649],"force":[-61.4209,27.3201,91.549,0.1839,-53.7001,62.7838,-70.3042,-63.2799,40.5023,0.0,-40.1505,-64.1157,-64.3806,0.0,-16.2462,-14.1834,-12.1855,-18.617,70.3694,-3.1287,87.7435,-34.1954,-94.524,-90.341,-52.2896,-61.9345,-56.9518,-10.6868,-16.0754,-34.2721,-42.9506,-27.0383,0.0,37.9553,0.0,35.1013,0.0,-22.6622,-55.5202,-30.1931,-98.4773,0.0,-34.6021,-78.8236,0.0,0.0,0.0,-8.6049,-39.8558,25.6066,-35.0805,-65.5797],"direction":[-28.031,30.0854,54.0671,41.8434,-5.1526,52.6148,-8.1633,-52.2267,1.6596,0.0,-49.9083,-68.118,-77.2576,0.0,-66.8112,-49.2973,-28.7145,-53.3107,23.6887,-16.0215,40.5392,-10.1876,-57.6618,-71.3076,-73.7596,-74.4528,-75.1117,-64.2389,-49.1157,-49.412,-57.6676,-63.4307,0.0,17.9362,0.0,7.6496,0.0,-4.9085,-13.5885,-25.9544,-56.4213,0.0,-51.7293,-54.8615,0.0,0.0,0.0,-1.1369,-14.0506,0.8665,-21.8516,-64.1208],"intensity":[57.1429,27.2727,56.5217,33.3333,68.0,96.1538,59.2593,89.2857,62.069,43.3333,80.6452,96.875,100.0,88.2353,34.2857,80.5556,78.3784,31.5789,43.5897,67.5,92.6829,97.619,93.0233,100.0,93.3333,17.3913,59.5745,50.0,34.6939,28.0,76.4706,61.5385,59.6154,55.7692,3.8462,5.7692,23.0769,1.9231,25.0,19.2308,96.1538,71.1538,23.0769,42.3077,25.0,48.0769,3.8462,13.4615,55.7692,51.9231,13.4615,96.1538],"confirmation":[33.8618,80.1006,91.967,52.7872,54.7283,88.9446,33.6131,86.5034,53.5194,48.6013,81.8559,89.8554,92.7833,39.8401,79.1528,32.6538,28.3851,80.4145,33.7241,49.9191,87.0938,78.6751,91.9386,93.4158,86.349,89.7072,88.8442,35.911,31.2403,84.1738,86.8125,83.8484,36.5299,30.2487,25.8748,51.1641,48.6381,51.4952,80.1076,77.5692,93.3756,11.541,83.426,89.0461,8.2146,6.658,3.2491,50.1726,77.0882,49.6626,79.5375,88.8603],"persistence":[62.5,62.5,62.5,62.5,50.0,50.0,25.0,0.0,25.0,12.5,12.5,37.5,37.5,50.0,50.0,50.0,75.0,87.5,62.5,62.5,37.5,50.0,50.0,50.0,50.0,50.0,75.0,75.0,100.0,100.0,100.0,100.0,87.5,62.5,50.0,25.0,12.5,12.5,12.5,12.5,25.0,37.5,50.0,75.0,75.0,62.5,50.0,50.0,50.0,37.5,37.5,12.5],"assessmentRisk":[15.6324,23.0924,8.364,11.6962,22.5528,13.6431,13.3335,19.7084,0.164,41.6593,24.8189,13.2766,10.2791,50.5218,31.0131,8.8494,42.981,4.1365,7.5427,15.3141,20.4391,43.9339,8.5809,10.8568,21.3594,15.7983,17.0423,15.074,5.0482,19.5059,7.0077,13.02,28.1493,12.1163,39.1915,38.2539,44.4135,37.7362,6.5046,24.3811,11.1771,47.6191,24.4197,17.605,10.7431,4.4799,17.3551,48.5126,27.1255,4.4036,4.103,16.1712],"volumeParticipation":true,"latest":{"consensus":-65.2,"control":-65.9,"force":-65.6,"direction":-64.1,"confirmation":88.9,"persistence":12.5,"assessmentRisk":16.2,"intensity":96.2,"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":"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":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-65.2","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-65.9","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-65.6","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-64.1","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"89/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"53.6","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"3.1%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"25.1","detail":"Directional","tone":"positive"},{"label":"Range position","value":"83%","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":[16.653,17.0953,17.2015,17.9338,18.0623,18.5451,18.6699,18.9255,18.8372,18.8814,19.0064,18.9672,19.3192,19.5985,20.2153,20.1703,20.0817,19.9359,20.2417,20.2329,20.3883,19.9853,20.2255,20.6249,20.5325,20.0522,20.8375,20.4306,19.7246,20.1573,20.2401,19.7204,18.8102,17.6958,18.4729,18.3484,18.5401,18.2463,18.1621,18.502,18.6272,19.4479,18.5157,17.5853,15.6566,15.35,15.0996,14.8451,15.0796,15.2884,15.0048,14.5002,14.3948,14.9057,15.2234,15.2708,15.3447,15.4751,15.4097,15.2067,15.0651,13.9282,14.2155,14.175,13.8963,14.0257,14.2696,14.2951,14.285,14.12,14.3444,14.125,15.3799],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,17.2106,17.4532,17.6744,17.9019,18.0719,18.2191,18.3623,18.4723,18.6263,18.803,19.0598,19.2617,19.4108,19.5063,19.64,19.7478,19.8642,19.8863,19.9479,20.071,20.1549,20.1362,20.2637,20.2941,20.1905,20.1845,20.1946,20.1084,19.8724,19.4766,19.2941,19.1222,19.0163,18.8763,18.7465,18.702,18.6884,18.8265,18.77,18.5546,18.0277,17.5408,17.097,16.6875,16.3952,16.194,15.9777,15.7091,15.4701,15.3675,15.3413,15.3285,15.3314,15.3576,15.367,15.3379,15.2883,15.041,14.8909,14.7607,14.6036,14.4985,14.4569,14.4275,14.4016,14.3504,14.3493,14.3085,14.5033],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,17.8358,17.9664,18.133,18.2839,18.4171,18.5296,18.6564,18.7732,18.8928,18.9737,19.0665,19.1819,19.282,19.339,19.45,19.5226,19.5376,19.5835,19.6321,19.6387,19.5773,19.4379,19.3665,19.291,19.2354,19.1621,19.0881,19.0447,19.0137,19.0459,19.0066,18.9013,18.661,18.4157,18.1701,17.9238,17.7131,17.5335,17.3462,17.1354,16.9324,16.7823,16.6668,16.5634,16.4731,16.3992,16.3259,16.243,16.1557,15.9907,15.8592,15.7345,15.5983,15.4818,15.392,15.3108,15.2348,15.1522,15.0924,15.0207,15.0473],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,19.6672,19.7685,19.8299,19.9566,20.1211,20.4134,20.6219,20.765,20.852,20.9763,21.0764,21.081,21.0249,20.9482,21.0114,21.0264,21.0078,21.1006,21.1235,21.0639,21.0077,20.9491,20.8367,20.951,21.3509,21.4185,21.4727,21.485,21.5192,21.508,21.4499,21.3498,21.3045,21.2114,21.0917,21.2604,21.4172,21.3467,21.2807,21.2099,20.9695,20.6633,20.4365,20.3135,20.2537,20.054,19.8431,19.5678,19.3139,19.0462,18.6679,18.1942,17.3385,16.5586,15.9115,15.8786,15.8549,15.8312,15.8236,15.7907,15.727,15.689,15.6908,15.7866],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,16.4938,16.5609,16.6332,16.6738,16.6926,16.6415,16.6384,16.6661,16.7146,16.7438,16.781,17.1499,17.4951,17.8741,18.0801,18.3121,18.4814,18.6053,18.733,18.8813,19.0651,19.247,19.4348,19.2696,18.6794,18.4376,18.2012,18.0347,17.8315,17.6348,17.5198,17.4438,17.4353,17.3575,17.1732,16.5169,15.8899,15.3866,14.8941,14.5003,14.2538,14.0365,13.7413,13.4228,13.2036,13.0783,12.9815,12.9373,12.914,12.9064,12.9553,13.0727,13.3765,13.7264,14.0324,13.8892,13.7805,13.7212,13.6738,13.6272,13.5741,13.5461,13.5068,13.5094],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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","2026-08-21"]},{"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":[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,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,-21.8648,-24.4387,-23.952,-25.1067,-24.6889,-24.4694,-24.9524,-24.8612,-25.8436,-26.9529,-30.0915,-28.3888,-28.5701,-27.604,-27.8012,-26.7863,-24.7616,-23.6511,-24.5768,-25.1985,-25.853,-17.378],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","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,92.9428,89.8678,91.4068,88.5094,87.2492,95.9845,100.0,98.6249,89.4504,87.4246,84.0931,91.0826,90.881,94.4333,85.2222,90.712,99.8426,96.6172,85.7625,100.0,88.1073,67.1311,76.1743,78.7134,52.3359,4.3686,0.0,24.4955,20.5709,26.6141,17.3534,14.7,25.4138,29.3605,55.232,25.8457,0.0,8.0492,4.9931,1.8646,0.5794,4.4503,7.8969,3.2156,0.0,0.0741,8.4493,13.6545,14.4312,17.1046,19.5548,19.1962,15.3746,12.709,0.0,4.9759,4.2745,1.4647,5.5838,9.6407,12.2235,12.2177,14.5506,31.767,21.1165,83.3243],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-1.0593,-1.5209,-1.2899,-1.8434,-2.0456,-0.6587,0.0,-0.2723,-2.237,-2.6665,-3.373,-1.8909,-1.9336,-1.1804,-3.1335,-1.9695,-0.0334,-0.7238,-3.0463,0.0,-2.0961,-5.4796,-3.406,-3.0091,-5.4993,-9.861,-15.2014,-11.4777,-12.0743,-11.1557,-12.5634,-12.9668,-11.3381,-10.7382,-6.8053,-11.2725,-15.731,-24.9733,-26.4426,-27.6425,-28.862,-27.7383,-26.7377,-28.0968,-30.5148,-31.0199,-27.2661,-25.7158,-25.4845,-23.1671,-22.3879,-21.7861,-22.8165,-23.5352,-29.3057,-27.8474,-28.053,-29.4676,-28.8108,-27.5728,-23.3108,-23.0334,-15.1707,-8.9244,-10.3175,-2.1517],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,16.4147,15.8716,16.1434,16.9123,16.6715,18.8366,20.5548,24.3487,24.0717,23.5265,22.63,24.5109,24.4567,25.4126,22.9338,24.4112,26.8683,26.2999,23.3451,28.1756,18.8517,13.4305,12.706,12.959,6.8259,0.5023,0.0,4.3912,3.6876,4.7709,3.1108,2.6352,4.5558,5.2633,9.9011,4.6332,0.0,3.0012,1.9256,0.7312,0.237,1.8204,3.2302,1.3153,0.0,0.0334,3.5837,5.7915,6.1209,6.6345,7.5407,7.0862,5.6755,4.6915,0.0,2.0627,1.7719,0.6249,2.4522,4.2337,4.42,4.3462,3.141,4.7801,3.1775,12.344],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-04-04","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","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,237.4413,46.6256,185.7299,579.7528,115.6605,1250.7777,4.8358,27.3185,477.2351,828.9075,3.5179,1.8669,0.5334,0.3828,2.4107,0.0344,5.3637,0.1097,1.6603,0.0563,2.1065,0.1036,0.0209,0.1378,0.0659,0.0224,0.0284,1.9817,1.7193,76.5168,1.3787,5.682,448.6155,113.6456,87.7758,1.523,93.371,485.3806,225.7406,222.9221,178.5263,162.4286,22.1992,19.1554,8.7183,48.4646,361.1424,22.6753,510.3801,98.8739,0.9539,128.8515,315.8823,99.4248,430.8048,157.6577,89.0503,162.9561,377.155,59.3522,55.4096,11.3827,141.2792,16.8163,12.9958,12.5777],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,133.0843,135.0,135.0,131.1089,135.0,135.0,135.0,119.9956,72.1273,71.9351,72.0318,72.0056,72.0244,71.9056,71.9073,72.1721,72.1667,72.0847,72.0875,71.9836,71.9785,71.9795,71.9863,71.9831,71.9823,71.9814,72.0447,72.0027,72.0439,72.0433,72.041,72.2624,72.3207,72.3623,72.3616,72.3282,72.1002,71.9911,71.8703,71.7741,71.8689,71.8819,71.8706,71.8655,71.836,72.1033,72.1195,72.596,72.691,72.6919,72.5597,72.2165,72.1059,71.5064,71.7445,71.6053,71.3482,72.0562,66.0006,66.1276,66.1021,65.7617,65.8024,65.7708,65.8014],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-08-21"]},{"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":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-0.4665,-0.233,0.0,-0.206,0.0,0.0,0.0,-0.2227,-0.6612,-1.3821,0.0,-0.0436,0.0,-1.9765,-0.7985,0.0,-0.448,-2.777,0.0,-1.9524,-5.3409,-3.2643,-2.8668,-5.3607,-9.7288,-15.0769,-11.3478,-11.9453,-11.0253,-12.4351,-12.839,-11.208,-10.6072,-6.6686,-11.1423,-15.6073,-24.8632,-26.3346,-27.5363,-28.7576,-27.6323,-26.6302,-27.9912,-30.4128,-30.9187,-28.4668,-26.9422,-26.7147,-26.36,-25.7342,-26.0481,-27.0223,-27.7019,-33.1579,-31.7791,-31.9735,-33.311,-32.69,-31.5195,-31.3971,-31.4456,-32.2374,-31.1605,-32.2134,-26.1911],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,13.6464,13.1162,13.3815,14.1321,13.8971,16.0107,17.688,21.3917,21.1213,20.5891,19.7139,21.5501,21.4971,22.4303,20.0105,21.4527,23.8514,23.2965,20.412,21.8903,18.7722,9.9853,11.5984,9.1398,5.6271,0.0,0.0,4.3912,3.6876,4.7709,3.1108,2.6352,4.5558,5.2633,9.9011,4.6332,0.0,0.0,0.0,0.0,0.0,1.5796,2.9862,1.0758,0.0,0.0,3.5492,5.7562,6.0855,6.5989,7.5048,7.0505,5.6402,4.6565,0.0,2.0627,1.7719,0.0,0.9312,2.6863,2.8698,2.7971,1.6098,3.2246,1.6458,10.6762],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-08-21"]},{"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":[null,null,null,null,null,null,null,null,null,null,null,null,0.6512,0.6916,0.7646,0.8095,0.8284,0.8221,0.8322,0.8299,0.8311,0.7904,0.7686,0.7747,0.7633,0.7073,0.718,0.6858,0.5964,0.5541,0.5212,0.4481,0.313,0.1148,0.0201,-0.0642,-0.1142,-0.1755,-0.2283,-0.2399,-0.2363,-0.1653,-0.1822,-0.2675,-0.4852,-0.6747,-0.8354,-0.9721,-1.0495,-1.0814,-1.1168,-1.172,-1.2103,-1.1858,-1.1277,-1.0656,-0.9989,-0.9248,-0.8615,-0.8182,-0.7863,-0.843,-0.8549,-0.8578,-0.8724,-0.8637,-0.8275,-0.7877,-0.7483,-0.7221,-0.6755,-0.6487,-0.5203],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.7306,0.7489,0.7656,0.7784,0.789,0.7893,0.7851,0.783,0.7791,0.7647,0.7554,0.7415,0.7124,0.6808,0.6488,0.6087,0.5496,0.4626,0.3741,0.2865,0.2063,0.1299,0.0583,-0.0013,-0.0483,-0.0717,-0.0938,-0.1286,-0.1999,-0.2949,-0.403,-0.5168,-0.6233,-0.715,-0.7953,-0.8707,-0.9386,-0.988,-1.016,-1.0259,-1.0205,-1.0013,-0.9734,-0.9423,-0.9111,-0.8975,-0.889,-0.8827,-0.8807,-0.8773,-0.8673,-0.8514,-0.8308,-0.8091,-0.7823,-0.7556,-0.7085],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0978,0.0732,0.0666,0.0515,0.0421,0.0011,-0.0165,-0.0083,-0.0158,-0.0574,-0.0374,-0.0557,-0.1161,-0.1267,-0.1277,-0.1606,-0.2365,-0.3478,-0.354,-0.3506,-0.3205,-0.3055,-0.2866,-0.2386,-0.188,-0.0936,-0.0884,-0.139,-0.2853,-0.3798,-0.4325,-0.4553,-0.4261,-0.3665,-0.3215,-0.3013,-0.2717,-0.1978,-0.1117,-0.0397,0.0216,0.0765,0.1119,0.1241,0.1248,0.0545,0.0341,0.025,0.0082,0.0136,0.0398,0.0637,0.0824,0.0869,0.1069,0.1069,0.1883],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/43455e9d-6623-41a3-8705-c85c200a272f/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/43455e9d-6623-41a3-8705-c85c200a272f/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/43455e9d-6623-41a3-8705-c85c200a272f/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/43455e9d-6623-41a3-8705-c85c200a272f/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/43455e9d-6623-41a3-8705-c85c200a272f/technical-pack/data.json"},"source_fingerprint":"583522769a1d998b050a8d18070d1e1f8bb1ef93fdebe1ef9df1cbf492f1909c","content_hash":"757ff8286f98805cb161412d48dabeb5f9ccb148816d189b7bbfce1cc1be8055","citation":"Sharemaestro, BFAP Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/43455e9d-6623-41a3-8705-c85c200a272f/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."}