{"schema_version":"1.0","name":"FME Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"4cb1e314-4b5d-49ad-be89-4e9ea7adaad9","symbol":"FME","name":"Fresenius Medical Care AG","exchange":"GER","country":"DE","asset_type":"equity","currency":"EUR","sector":"Healthcare","industry":"Medical Care Facilities"},"summary":"Market Dynamics eased this week but remains positive. 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, Drawdown and recovery pressure, Acceleration, deceleration and rollover, Range position and boundary pressure, Range pressure and compression."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics eased this week but remains positive. The broader path has not changed enough to establish a new direction. Price structure remains rotational.","evidenceAlignment":{"status":"Positive support; price rotational","headline":"Market Dynamics is positive while price has no clear direction","summary":"Market Dynamics eased this week but remains positive. The broader path has not changed enough to establish a new direction. Price structure remains rotational.","take":"The underlying condition is constructive, but a positive price response is still required.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":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"],"values":[-1.020134,-1.097662,-1.02401,-0.655395,-0.366186,0.041094,0.378132,0.332884,0.423337,0.447572,0.442646,0.754863,1.0433,1.198939,1.36396,1.430871,1.385146,1.41735,1.51228,1.297318,1.22456,1.180559,1.11486,1.285665,1.418216,1.122998,0.684046,0.416618,-0.009138,-0.210752,-0.251719,-0.428154,-0.499425,-0.539422,-0.719483,-0.911585,-0.952094,-0.625027,-0.134185,0.475842,0.919419,0.941392,0.922037,0.764229,0.509025,0.362565,0.141754,-0.069036,-0.211942,-0.464074,-0.647608,-0.894524,-1.074072,-1.05585,-1.001955,-0.931971,-0.764087,-0.689047,-0.565457,-0.338818,-0.104631,0.193394,0.358233,0.434583,0.307322,0.076933,-0.121854,-0.286673,-0.350758,-0.382054,-0.563003,-0.788979,-0.976043,-1.110175,-1.15605,-1.160861,-0.916475,-0.554425,-0.106397,0.359061,0.492153,0.450187,0.318888,0.18567,0.034922,0.031552,0.132293,0.201218,0.24744,0.193035,-0.138732,-0.300637,-0.253707,-0.105073,0.435298,0.864443,1.147642,1.300619,1.314118,1.338059,1.421317,1.536705,1.563327,1.397133],"opens":[32.030042,32.37606,32.619209,33.227079,35.368648,34.050041,35.686614,35.331239,33.629207,35.368649,36.416053,34.246428,37.182906,39.520863,39.679848,39.857532,42.139382,42.251603,41.297716,41.26966,40.774013,41.157437,41.94299,44.243548,44.421227,44.084565,41.755958,41.51281,43.373823,41.419292,41.36318,42.130026,42.513456,38.847535,39.988456,38.922344,40.568274,42.214196,47.544743,48.367704,50.001548,47.847633,48.655352,47.934174,44.568688,46.780296,46.05912,44.520608,44.00136,43.434035,41.789756,40.010856,41.06858,41.780141,42.414775,40.530104,40.482021,41.539749,42.020532,43.857129,44.905237,44.866774,45.38602,44.568684,39.645459,38.895436,39.183905,39.606995,38.376187,38.751199,38.655044,39.203137,38.856971,38.068487,36.058808,35.529948,36.828064,39.058899,39.385833,39.44353,37.097305,37.7704,38.203106,35.491485,37.029993,37.510775,38.453114,38.106949,37.260769,37.106918,35.943423,35.760721,37.470001,37.84,38.669998,40.720001,41.290001,40.709999,42.07,42.290001,42.02,43.389999,44.66,42.360001],"highs":[32.385414,33.002637,34.012631,35.639853,35.536987,35.873649,36.200962,35.490222,35.321892,37.351236,36.621795,37.369943,39.128092,39.838826,40.212902,43.205487,42.850117,42.681786,41.671791,41.447342,41.550217,42.158087,43.953637,45.17873,44.832707,44.570857,42.410579,43.925583,44.467986,42.289008,42.812713,43.429933,43.841416,41.148087,41.868177,40.465402,42.878176,47.488629,48.40511,50.518627,50.55926,48.847665,48.982286,48.366881,46.549518,47.213,46.203353,45.376405,45.001391,44.03021,41.837834,41.46282,42.020533,42.270541,42.501316,41.491671,42.087841,42.655167,44.078288,45.837954,46.020656,45.414866,45.712954,44.866772,40.280094,38.981976,40.270478,39.664691,38.731966,39.068517,39.356989,39.356987,39.222368,39.405066,36.337663,36.597289,39.587763,39.866619,40.183937,40.039701,38.962744,38.626196,38.88582,37.655012,37.655012,39.078131,38.895436,38.424267,37.472315,37.587702,36.96268,37.560001,38.099998,38.32,39.75,41.119999,41.290001,41.380001,42.279999,42.939999,43.41,45.040001,45.900002,42.689999],"lows":[31.244488,32.357356,32.030045,33.227079,33.83495,33.834949,35.050687,33.638561,33.488932,35.359299,32.73143,34.031338,36.977168,38.155499,38.482811,39.539569,41.905584,40.381236,40.661789,40.437345,40.240958,40.269015,40.886236,43.383177,43.542159,40.914291,40.839474,41.10133,39.988455,39.64244,40.128737,41.840121,41.129381,36.874299,38.754016,38.249014,40.437349,42.167437,46.52539,47.58215,47.664938,47.501471,47.309158,43.299417,44.414837,45.559105,44.212905,44.145596,43.135953,41.616673,38.39542,39.51084,40.645491,41.366665,39.34737,40.482023,40.260862,41.193584,41.655135,43.530196,43.751355,44.328293,44.491762,39.39545,38.462729,37.597315,39.068518,38.481962,37.481929,38.433884,38.587734,38.462729,37.049224,34.837617,34.299138,35.308788,36.472285,37.770398,38.683891,35.799184,37.097305,37.347309,36.135734,35.404944,36.549207,37.318464,36.904989,36.933834,36.212661,33.241414,34.885695,35.529947,36.330002,37.790001,38.669998,40.200001,40.43,40.59,41.759998,41.279999,41.790001,42.82,40.560001,40.73],"closes":[32.291893,32.600506,33.320599,35.247074,33.93782,35.789482,35.340595,33.638561,35.321892,36.490871,33.984577,37.126797,39.06263,39.511517,38.903641,42.747246,42.176785,41.035866,41.409935,40.783363,41.2229,41.989754,43.626324,44.926231,43.785305,41.662437,41.363178,43.392529,41.16679,41.194843,42.083267,42.971695,41.615677,38.866238,38.884945,40.119385,42.401234,47.095856,48.068447,49.174599,48.097645,48.386112,47.963024,44.703308,46.443745,45.934116,44.482143,44.174442,43.280186,41.616673,39.568535,40.991653,41.924374,42.107075,40.376251,40.86665,41.597439,41.991684,43.818665,44.712921,44.616768,45.280247,44.770618,39.808926,38.895435,38.981976,39.664688,38.501194,38.587734,38.789661,39.145443,38.626194,37.981945,36.029964,35.78957,36.453053,39.078133,39.376221,39.587761,37.933868,37.962715,38.251183,36.289585,37.058842,37.183842,38.789661,38.049255,37.347309,37.126152,35.904957,35.78957,37.259998,37.189999,38.18,39.669998,40.700001,40.860001,41.099998,41.93,42.240002,43.27,44.45,42.049999,41.040001],"pressureRange":[-1.782193,1.782193],"priceRange":[28.336397,49.174599],"zones":{"accumulationBoundary":0.07917,"distributionBoundary":0.92083},"latest":1.397133,"state":"Positive and broadly steady","context":{"scenario":"positiveSteady","latestDirection":"easing","fourWeekDirection":"steady","now":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"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":"Positive 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":"positive"},"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":"Positive and broadly steady","detail":"Market Dynamics eased this week but remains positive.","tone":"positive"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","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":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.32,"forwardCorrelation":0.12,"directionalAgreement":51.8,"sample":255,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":2.0,"medianWeeksInZone":2.0,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"medianReturn":7.9,"averageReturn":7.9,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":14.6,"averageReturn":14.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":14.5,"averageReturn":14.5,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.0,"sample":2},{"week":2,"averageReturn":-0.7,"sample":2},{"week":3,"averageReturn":7.2,"sample":2},{"week":4,"averageReturn":7.9,"sample":2},{"week":5,"averageReturn":16.1,"sample":2},{"week":6,"averageReturn":17.5,"sample":2},{"week":7,"averageReturn":19.9,"sample":2},{"week":8,"averageReturn":19.7,"sample":2},{"week":9,"averageReturn":19.9,"sample":2},{"week":10,"averageReturn":18.4,"sample":2},{"week":11,"averageReturn":17.2,"sample":2},{"week":12,"averageReturn":14.6,"sample":2},{"week":13,"averageReturn":15.2,"sample":2},{"week":14,"averageReturn":12.2,"sample":2},{"week":15,"averageReturn":14.2,"sample":2},{"week":16,"averageReturn":17.6,"sample":2},{"week":17,"averageReturn":12.3,"sample":2},{"week":18,"averageReturn":17.1,"sample":2},{"week":19,"averageReturn":14.2,"sample":2},{"week":20,"averageReturn":10.4,"sample":2},{"week":21,"averageReturn":12.7,"sample":2},{"week":22,"averageReturn":10.5,"sample":2},{"week":23,"averageReturn":8.8,"sample":2},{"week":24,"averageReturn":11.7,"sample":2},{"week":25,"averageReturn":12.0,"sample":2},{"week":26,"averageReturn":14.5,"sample":2}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":5.0,"medianWeeksInZone":5,"averageWeeksToLower":4.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-0.2,"averageReturn":-0.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-17.7,"averageReturn":-17.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-19.1,"averageReturn":-19.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.3,"sample":1},{"week":2,"averageReturn":0.1,"sample":1},{"week":3,"averageReturn":0.7,"sample":1},{"week":4,"averageReturn":-0.2,"sample":1},{"week":5,"averageReturn":-7.0,"sample":1},{"week":6,"averageReturn":-3.4,"sample":1},{"week":7,"averageReturn":-4.4,"sample":1},{"week":8,"averageReturn":-7.5,"sample":1},{"week":9,"averageReturn":-8.1,"sample":1},{"week":10,"averageReturn":-10.0,"sample":1},{"week":11,"averageReturn":-13.4,"sample":1},{"week":12,"averageReturn":-17.7,"sample":1},{"week":13,"averageReturn":-14.7,"sample":1},{"week":14,"averageReturn":-12.8,"sample":1},{"week":15,"averageReturn":-12.4,"sample":1},{"week":16,"averageReturn":-16.0,"sample":1},{"week":17,"averageReturn":-15.0,"sample":1},{"week":18,"averageReturn":-13.5,"sample":1},{"week":19,"averageReturn":-12.6,"sample":1},{"week":20,"averageReturn":-8.8,"sample":1},{"week":21,"averageReturn":-7.0,"sample":1},{"week":22,"averageReturn":-7.2,"sample":1},{"week":23,"averageReturn":-5.8,"sample":1},{"week":24,"averageReturn":-6.9,"sample":1},{"week":25,"averageReturn":-17.2,"sample":1},{"week":26,"averageReturn":-19.1,"sample":1}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":19,"completedEpisodes":18,"activeEpisodes":1,"medianExpectedMove":10.4,"averageExpectedMove":11.3,"averageWeeksToLargestMove":7.8,"horizons":[{"weeks":4,"sample":19,"expectedCount":11,"expectedPercent":57.9,"averageReturn":1.6,"medianReturn":2.0,"confidenceLow":36.3,"confidenceHigh":76.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":10,"expectedPercent":55.6,"averageReturn":4.2,"medianReturn":4.8,"confidenceLow":33.7,"confidenceHigh":75.4,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":8,"expectedPercent":50.0,"averageReturn":-0.0,"medianReturn":1.9,"confidenceLow":28.0,"confidenceHigh":72.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.6,"sample":19},{"week":2,"averageReturn":-0.1,"sample":19},{"week":3,"averageReturn":0.4,"sample":19},{"week":4,"averageReturn":1.6,"sample":19},{"week":5,"averageReturn":1.6,"sample":19},{"week":6,"averageReturn":2.8,"sample":19},{"week":7,"averageReturn":3.9,"sample":19},{"week":8,"averageReturn":3.1,"sample":19},{"week":9,"averageReturn":3.1,"sample":19},{"week":10,"averageReturn":4.2,"sample":18},{"week":11,"averageReturn":4.5,"sample":18},{"week":12,"averageReturn":4.2,"sample":18},{"week":13,"averageReturn":5.0,"sample":18},{"week":14,"averageReturn":4.3,"sample":18},{"week":15,"averageReturn":4.2,"sample":18},{"week":16,"averageReturn":6.0,"sample":18},{"week":17,"averageReturn":4.0,"sample":18},{"week":18,"averageReturn":3.7,"sample":18},{"week":19,"averageReturn":4.0,"sample":17},{"week":20,"averageReturn":2.5,"sample":17},{"week":21,"averageReturn":1.7,"sample":17},{"week":22,"averageReturn":1.9,"sample":17},{"week":23,"averageReturn":1.0,"sample":17},{"week":24,"averageReturn":-0.0,"sample":17},{"week":25,"averageReturn":-0.8,"sample":16},{"week":26,"averageReturn":-0.0,"sample":16}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":16,"completedEpisodes":16,"activeEpisodes":0,"medianExpectedMove":6.9,"averageExpectedMove":9.7,"averageWeeksToLargestMove":4.7,"horizons":[{"weeks":4,"sample":16,"expectedCount":8,"expectedPercent":50.0,"averageReturn":0.5,"medianReturn":0.4,"confidenceLow":28.0,"confidenceHigh":72.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":16,"expectedCount":7,"expectedPercent":43.8,"averageReturn":1.3,"medianReturn":2.6,"confidenceLow":23.1,"confidenceHigh":66.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":15,"expectedCount":9,"expectedPercent":60.0,"averageReturn":-1.0,"medianReturn":-1.9,"confidenceLow":35.7,"confidenceHigh":80.2,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.5,"sample":16},{"week":2,"averageReturn":-2.1,"sample":16},{"week":3,"averageReturn":-1.3,"sample":16},{"week":4,"averageReturn":0.5,"sample":16},{"week":5,"averageReturn":0.7,"sample":16},{"week":6,"averageReturn":2.8,"sample":16},{"week":7,"averageReturn":0.7,"sample":16},{"week":8,"averageReturn":0.9,"sample":16},{"week":9,"averageReturn":0.8,"sample":16},{"week":10,"averageReturn":0.2,"sample":16},{"week":11,"averageReturn":1.2,"sample":16},{"week":12,"averageReturn":1.3,"sample":16},{"week":13,"averageReturn":0.3,"sample":16},{"week":14,"averageReturn":0.0,"sample":15},{"week":15,"averageReturn":-0.9,"sample":15},{"week":16,"averageReturn":-2.4,"sample":15},{"week":17,"averageReturn":-3.7,"sample":15},{"week":18,"averageReturn":-3.4,"sample":15},{"week":19,"averageReturn":-3.6,"sample":15},{"week":20,"averageReturn":-4.3,"sample":15},{"week":21,"averageReturn":-3.6,"sample":15},{"week":22,"averageReturn":-3.7,"sample":15},{"week":23,"averageReturn":-3.3,"sample":15},{"week":24,"averageReturn":-2.8,"sample":15},{"week":25,"averageReturn":-0.7,"sample":15},{"week":26,"averageReturn":-1.0,"sample":15}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":17,"completedEpisodes":16,"activeEpisodes":1,"medianExpectedMove":6.9,"averageExpectedMove":6.2,"averageWeeksToLargestMove":5.9,"horizons":[{"weeks":4,"sample":17,"expectedCount":7,"expectedPercent":41.2,"averageReturn":2.1,"medianReturn":2.2,"confidenceLow":21.6,"confidenceHigh":64.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":16,"expectedCount":7,"expectedPercent":43.8,"averageReturn":2.9,"medianReturn":1.3,"confidenceLow":23.1,"confidenceHigh":66.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":5,"expectedPercent":31.2,"averageReturn":7.4,"medianReturn":5.4,"confidenceLow":14.2,"confidenceHigh":55.6,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.7,"sample":17},{"week":2,"averageReturn":0.5,"sample":17},{"week":3,"averageReturn":1.1,"sample":17},{"week":4,"averageReturn":2.1,"sample":17},{"week":5,"averageReturn":3.3,"sample":17},{"week":6,"averageReturn":2.9,"sample":17},{"week":7,"averageReturn":4.1,"sample":17},{"week":8,"averageReturn":5.1,"sample":17},{"week":9,"averageReturn":4.7,"sample":17},{"week":10,"averageReturn":3.8,"sample":17},{"week":11,"averageReturn":3.3,"sample":17},{"week":12,"averageReturn":2.9,"sample":16},{"week":13,"averageReturn":3.4,"sample":16},{"week":14,"averageReturn":3.3,"sample":16},{"week":15,"averageReturn":3.8,"sample":16},{"week":16,"averageReturn":3.4,"sample":16},{"week":17,"averageReturn":2.3,"sample":16},{"week":18,"averageReturn":2.0,"sample":16},{"week":19,"averageReturn":2.1,"sample":16},{"week":20,"averageReturn":2.4,"sample":16},{"week":21,"averageReturn":4.0,"sample":16},{"week":22,"averageReturn":6.0,"sample":16},{"week":23,"averageReturn":6.8,"sample":16},{"week":24,"averageReturn":6.8,"sample":16},{"week":25,"averageReturn":7.7,"sample":16},{"week":26,"averageReturn":7.4,"sample":16}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":19,"completedEpisodes":18,"activeEpisodes":1,"medianExpectedMove":10.1,"averageExpectedMove":12.0,"averageWeeksToLargestMove":7.1,"horizons":[{"weeks":4,"sample":18,"expectedCount":9,"expectedPercent":50.0,"averageReturn":2.5,"medianReturn":-0.5,"confidenceLow":29.0,"confidenceHigh":71.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":10,"expectedPercent":55.6,"averageReturn":3.6,"medianReturn":3.4,"confidenceLow":33.7,"confidenceHigh":75.4,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":7,"expectedPercent":43.8,"averageReturn":-2.9,"medianReturn":-2.3,"confidenceLow":23.1,"confidenceHigh":66.8,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.6,"sample":18},{"week":2,"averageReturn":1.3,"sample":18},{"week":3,"averageReturn":0.8,"sample":18},{"week":4,"averageReturn":2.5,"sample":18},{"week":5,"averageReturn":3.6,"sample":18},{"week":6,"averageReturn":3.7,"sample":18},{"week":7,"averageReturn":3.4,"sample":18},{"week":8,"averageReturn":3.0,"sample":18},{"week":9,"averageReturn":2.6,"sample":18},{"week":10,"averageReturn":2.3,"sample":18},{"week":11,"averageReturn":2.7,"sample":18},{"week":12,"averageReturn":3.6,"sample":18},{"week":13,"averageReturn":4.5,"sample":18},{"week":14,"averageReturn":3.9,"sample":18},{"week":15,"averageReturn":3.8,"sample":18},{"week":16,"averageReturn":3.7,"sample":17},{"week":17,"averageReturn":3.9,"sample":17},{"week":18,"averageReturn":4.0,"sample":17},{"week":19,"averageReturn":4.2,"sample":17},{"week":20,"averageReturn":3.4,"sample":17},{"week":21,"averageReturn":2.4,"sample":17},{"week":22,"averageReturn":0.6,"sample":17},{"week":23,"averageReturn":-1.1,"sample":17},{"week":24,"averageReturn":-3.8,"sample":16},{"week":25,"averageReturn":-3.5,"sample":16},{"week":26,"averageReturn":-2.9,"sample":16}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":17.7,"averageExpectedMove":17.7,"averageWeeksToLargestMove":12.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-0.2,"medianReturn":-0.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-17.7,"medianReturn":-17.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-19.1,"medianReturn":-19.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.3,"sample":1},{"week":2,"averageReturn":0.1,"sample":1},{"week":3,"averageReturn":0.7,"sample":1},{"week":4,"averageReturn":-0.2,"sample":1},{"week":5,"averageReturn":-7.0,"sample":1},{"week":6,"averageReturn":-3.4,"sample":1},{"week":7,"averageReturn":-4.4,"sample":1},{"week":8,"averageReturn":-7.5,"sample":1},{"week":9,"averageReturn":-8.1,"sample":1},{"week":10,"averageReturn":-10.0,"sample":1},{"week":11,"averageReturn":-13.4,"sample":1},{"week":12,"averageReturn":-17.7,"sample":1},{"week":13,"averageReturn":-14.7,"sample":1},{"week":14,"averageReturn":-12.8,"sample":1},{"week":15,"averageReturn":-12.4,"sample":1},{"week":16,"averageReturn":-16.0,"sample":1},{"week":17,"averageReturn":-15.0,"sample":1},{"week":18,"averageReturn":-13.5,"sample":1},{"week":19,"averageReturn":-12.6,"sample":1},{"week":20,"averageReturn":-8.8,"sample":1},{"week":21,"averageReturn":-7.0,"sample":1},{"week":22,"averageReturn":-7.2,"sample":1},{"week":23,"averageReturn":-5.8,"sample":1},{"week":24,"averageReturn":-6.9,"sample":1},{"week":25,"averageReturn":-17.2,"sample":1},{"week":26,"averageReturn":-19.1,"sample":1}]},"currentApplication":{"status":"Positive support; price rotational","tone":"caution","headline":"Market Dynamics is positive while price remains rotational","use":"Treat the improvement as context until price establishes a clear response.","confirm":"The underlying condition is constructive, but a positive price response is still required.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"weakening","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":"higher","percent":55.6,"averageReturn":3.6,"sample":18},"nowContext":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"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":"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, 55.6% of comparable cases moved higher after 12 weeks, with an average move of 3.6% across 18 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 2 cases. Distinct visits lasted 2.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 12.0% across 18 completed cases, with the largest move arriving after 7.1 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":[],"distribution_rollovers":[{"date":"2025-06-20","price":44.703308}],"price_pressure_gaps":[{"date":"2025-05-16","price":48.068447}]}},"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":[32.2919,32.6005,33.3206,35.2471,33.9378,35.7895,35.3406,33.6386,35.3219,36.4909,33.9846,37.1268,39.0626,39.5115,38.9036,42.7472,42.1768,41.0359,41.4099,40.7834,41.2229,41.9898,43.6263,44.9262,43.7853,41.6624,41.3632,43.3925,41.1668,41.1948,42.0833,42.9717,41.6157,38.8662,38.8849,40.1194,42.4012,47.0959,48.0684,49.1746,48.0976,48.3861,47.963,44.7033,46.4437,45.9341,44.4821,44.1744,43.2802,41.6167,39.5685,40.9917,41.9244,42.1071,40.3763,40.8666,41.5974,41.9917,43.8187,44.7129,44.6168,45.2802,44.7706,39.8089,38.8954,38.982,39.6647,38.5012,38.5877,38.7897,39.1454,38.6262,37.9819,36.03,35.7896,36.4531,39.0781,39.3762,39.5878,37.9339,37.9627,38.2512,36.2896,37.0588,37.1838,38.7897,38.0493,37.3473,37.1262,35.905,35.7896,37.26,37.19,38.18,39.67,40.7,40.86,41.1,41.93,42.24,43.27,44.45,42.05,41.04],"consensus":[-10.2632,0.0,18.5004,53.605,-14.796,56.5802,10.8341,-38.8348,46.3532,41.0153,-40.7647,64.0494,68.7087,46.8585,17.8237,76.5045,27.6224,0.0,44.0524,0.0,27.0636,45.6417,60.5481,61.4967,9.4246,-26.6247,-15.856,40.0536,-42.733,0.0,20.7395,23.3114,-22.3338,-48.2908,-35.9159,0.0,38.4624,71.9038,53.4552,50.9518,11.1917,36.237,12.82,-44.25,27.0798,-14.5391,-37.5323,-25.2292,-41.4929,-59.2791,-64.5454,-9.2428,0.0,0.0,-42.125,-13.5768,0.0,0.0,47.2116,37.7492,19.2691,44.2224,0.0,-66.0751,-52.9854,-21.6674,-20.3401,-57.7716,-13.9183,-17.0634,-8.4094,-32.252,-36.4126,-62.4654,-33.5624,-9.3478,43.0855,25.4572,23.7487,-23.0753,0.0,0.0,-54.1946,0.0,-8.4034,33.8357,0.0,-18.9,0.0,-38.8086,-24.9548,21.639,0.0,31.3086,52.3536,43.9941,33.1239,40.5283,37.791,38.402,63.0023,62.5597,-20.7828,23.4423],"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":[0.0,0.0,-46.2825,-16.2199,0.0,0.0,46.1401,33.8046,11.751,45.2933,0.0,-58.7346,-52.5963,-7.2759,-13.6799,-63.6069,-8.9648,-18.4031,-2.5317,-42.631,-36.5986,-53.4505,-24.6836,-2.4255,39.8194,19.6743,17.4524,-26.5961,0.0,0.0,-52.7473,0.0,-5.8886,38.7016,0.0,-25.6336,0.0,-28.6418,-21.1397,27.6812,0.0,32.4442,58.6883,40.81,26.9972,38.9471,31.7561,35.0524,66.1337,60.9429,-25.7253,24.1249],"force":[0.0,0.0,-56.2619,-11.8902,0.0,0.0,65.8229,35.8461,1.8342,39.627,0.0,-96.9441,-47.8978,-4.2623,-11.3034,-61.3566,-11.9568,-8.0644,-13.2518,-22.5641,-33.495,-84.1028,-14.0451,-26.8967,85.1038,27.694,19.2429,-53.0004,0.0,0.0,-72.132,0.0,-1.6555,46.6984,0.0,-27.4289,0.0,-53.4916,-13.518,43.6144,0.0,30.0866,45.7129,32.0835,9.488,20.0721,17.2938,19.0654,58.2877,59.3315,-76.7417,47.868],"direction":[0.0,0.0,-27.2759,-28.747,0.0,0.0,35.1423,43.6167,40.3148,46.2809,0.0,-52.415,-57.064,-56.6361,-50.5541,-48.5419,-38.0615,-33.4809,-30.599,-27.3102,-38.2841,-57.3128,-57.6505,-48.6918,16.8051,30.4685,34.163,-2.3236,0.0,0.0,-43.0363,0.0,-18.4624,19.0872,0.0,-5.1124,0.0,-39.9398,-37.4842,0.9629,0.0,30.8835,49.8574,56.1408,57.0086,56.9471,59.3288,56.0421,62.7912,66.7134,-24.8363,5.2154],"intensity":[25.0,9.6154,63.4615,25.0,11.5385,19.2308,59.6154,59.6154,1.9231,11.5385,7.6923,100.0,96.1538,40.3846,48.0769,38.4615,25.0,25.0,3.8462,11.5385,48.0769,78.8462,86.5385,28.8462,84.6154,40.3846,21.1538,82.6923,46.1538,3.8462,73.0769,42.3077,38.4615,61.5385,19.2308,15.3846,28.8462,86.5385,67.3077,63.4615,23.0769,63.4615,67.3077,69.2308,3.8462,5.7692,50.0,15.3846,40.3846,75.0,88.4615,96.1538],"confirmation":[30.8275,3.7946,81.8475,28.7314,29.2587,2.9223,83.6912,80.0819,51.0827,81.9948,5.4038,90.1967,84.8062,29.9386,30.724,86.5072,28.9582,29.0612,4.9475,77.8672,79.5603,88.7857,78.2805,8.3215,83.1177,76.3026,75.5582,54.0715,24.9327,3.2292,85.911,29.1467,25.4407,79.1453,26.6298,51.5387,24.6545,81.0211,75.6951,53.0409,0.8389,77.9642,84.4543,81.7637,77.9727,80.3697,79.5604,79.7504,87.9693,87.9454,36.2457,53.5689],"persistence":[87.5,75.0,75.0,75.0,62.5,50.0,25.0,0.0,12.5,25.0,37.5,37.5,25.0,12.5,12.5,37.5,62.5,87.5,100.0,100.0,100.0,100.0,100.0,100.0,75.0,50.0,25.0,25.0,12.5,0.0,0.0,12.5,12.5,12.5,25.0,25.0,25.0,37.5,37.5,25.0,12.5,12.5,0.0,25.0,37.5,62.5,87.5,87.5,100.0,100.0,75.0,50.0],"assessmentRisk":[37.9132,17.4308,47.2648,2.3947,15.8796,6.1071,26.0172,30.9577,39.7148,27.511,32.8042,16.6804,23.4157,39.1267,39.6453,4.9617,2.6612,2.4072,11.8394,20.4393,2.214,16.6454,32.4085,40.6232,17.1843,37.115,38.0597,55.0326,35.2545,39.6811,22.5174,32.6118,24.2672,3.0257,45.7381,21.4128,0.9485,30.3622,36.7099,14.9879,4.5805,33.3263,23.7532,27.9519,33.4093,29.5852,30.6644,28.8692,18.3443,18.7084,16.4515,28.9964],"volumeParticipation":true,"latest":{"consensus":23.4,"control":24.1,"force":47.9,"direction":5.2,"confirmation":53.6,"persistence":50.0,"assessmentRisk":29.0,"intensity":96.2,"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":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Follow-through is limited","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+23.4","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+24.1","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+47.9","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+5.2","detail":"Follow-through is limited","tone":"positive"},{"label":"SM Confirmation Gauge","value":"54/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"53.9","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"4.9%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"19.8","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"62%","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":[32.2919,32.6005,33.3206,35.2471,33.9378,35.7895,35.3406,33.6386,35.3219,36.4909,33.9846,37.1268,39.0626,39.5115,38.9036,42.7472,42.1768,41.0359,41.4099,40.7834,41.2229,41.9898,43.6263,44.9262,43.7853,41.6624,41.3632,43.3925,41.1668,41.1948,42.0833,42.9717,41.6157,38.8662,38.8849,40.1194,42.4012,47.0959,48.0684,49.1746,48.0976,48.3861,47.963,44.7033,46.4437,45.9341,44.4821,44.1744,43.2802,41.6167,39.5685,40.9917,41.9244,42.1071,40.3763,40.8666,41.5974,41.9917,43.8187,44.7129,44.6168,45.2802,44.7706,39.8089,38.8954,38.982,39.6647,38.5012,38.5877,38.7897,39.1454,38.6262,37.9819,36.03,35.7896,36.4531,39.0781,39.3762,39.5878,37.9339,37.9627,38.2512,36.2896,37.0588,37.1838,38.7897,38.0493,37.3473,37.1262,35.905,35.7896,37.26,37.19,38.18,39.67,40.7,40.86,41.1,41.93,42.24,43.27,44.45,42.05,41.04],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[33.1719,33.068,33.1139,33.5018,33.581,33.9826,34.2295,34.1221,34.3402,34.7312,34.5955,35.0557,35.7842,36.4619,36.9059,37.9679,38.7332,39.1519,39.5624,39.7844,40.046,40.3994,40.9861,41.7025,42.0812,42.005,41.8883,42.1618,41.9809,41.838,41.8826,42.0806,41.9961,41.427,40.9648,40.8111,41.1002,42.1903,43.2591,44.3346,45.0188,45.6311,46.055,45.8093,45.9246,45.9264,45.6638,45.393,45.0088,44.3921,43.5151,43.0563,42.8505,42.7153,42.29,42.0312,41.9524,41.9595,42.2975,42.7367,43.0785,43.4788,43.7137,43.0037,42.2568,41.6614,41.2983,40.7898,40.3894,40.0985,39.9252,39.6891,39.3787,38.7698,38.228,37.9052,38.1185,38.3472,38.5727,38.4566,38.3668,38.3458,37.9719,37.8059,37.6928,37.8922,37.9208,37.8165,37.691,37.3663,37.0796,37.1124,37.1265,37.318,37.7457,38.2828,38.7514,39.1784,39.6787,40.1444,40.7127,41.3922,41.5118,41.426],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[33.8057,33.7165,33.6871,33.8027,33.8127,33.9591,34.0615,34.0301,34.1258,34.301,34.2776,34.4886,34.8274,35.1744,35.4506,35.9911,36.4493,36.7891,37.1314,37.4019,37.6849,38.0038,38.4203,38.9022,39.2639,39.4416,39.5839,39.866,39.9624,40.0537,40.204,40.409,40.4984,40.3775,40.267,40.256,40.4149,40.9098,41.4401,42.013,42.4637,42.9024,43.2773,43.3829,43.6096,43.7818,43.8337,43.8589,43.8161,43.6531,43.3506,43.1758,43.0831,43.0108,42.8157,42.6713,42.5918,42.5473,42.6415,42.7949,42.9299,43.104,43.2274,42.9742,42.6721,42.3987,42.1962,41.9225,41.6755,41.4617,41.2902,41.0928,40.8624,40.5044,40.1552,39.8809,39.8215,39.7885,39.7736,39.6374,39.5133,39.4198,39.1879,39.0302,38.8935,38.8858,38.8238,38.7144,38.5968,38.3974,38.2042,38.1343,38.0643,38.0729,38.1912,38.377,38.561,38.749,38.9847,39.2258,39.5254,39.8902,40.0501,40.1235],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[38.1673,38.1448,38.1444,38.2194,38.0977,37.9578,37.4981,37.1944,36.9598,36.7911,36.5052,37.0364,38.011,38.9192,39.5272,41.0701,42.1632,42.8105,43.3272,43.658,43.9678,44.3138,44.914,45.799,46.1941,46.3356,46.3501,46.2658,46.0401,45.8835,45.0488,44.7927,44.6617,44.7507,44.7536,44.6841,44.7039,45.7938,46.939,48.1695,48.9327,49.6576,50.1799,50.1609,50.407,50.6088,50.6552,50.6849,50.6577,50.6402,50.7816,50.8113,50.8052,50.5987,50.4488,50.3906,50.4134,50.1026,49.6061,48.8644,48.303,47.6834,47.0395,46.9881,46.6328,46.2541,46.0131,45.8594,45.7608,45.7685,45.7836,45.8101,45.7959,45.9099,46.0927,46.1237,45.9808,45.7901,45.3022,44.5171,43.6175,42.2682,40.6877,40.5002,40.4243,40.4012,40.2013,40.1457,40.0755,40.038,39.912,39.7919,39.7425,39.7801,40.0093,40.4839,40.8374,41.1781,41.668,42.2968,43.0882,44.053,44.3425,44.4847],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[30.5944,30.6572,30.6627,30.7128,30.6615,30.7099,30.9199,30.9403,31.0431,31.1434,31.2152,31.0899,30.6773,30.3387,30.1777,29.5157,29.1632,29.3857,29.8705,30.4141,30.9975,31.5904,32.0208,32.1037,32.6933,33.1391,33.7269,34.7866,35.5967,36.2238,37.8684,38.7089,39.0953,38.9417,38.9369,38.7436,38.7463,38.2624,37.7831,37.3916,37.316,37.2306,37.142,37.1388,37.1585,37.3839,37.6494,37.6978,37.9364,37.9961,37.6032,37.3755,37.4124,37.943,38.2421,38.375,38.2719,38.0722,38.1437,38.4393,38.6526,38.9616,39.2862,38.8483,38.4487,38.1322,37.8915,37.4778,37.1072,36.8168,36.7594,36.4963,36.1163,35.3946,34.7531,34.2807,34.1717,34.1008,34.1656,34.2728,34.507,35.1534,35.8859,35.7983,35.7031,35.707,35.7453,35.6855,35.6095,35.3585,35.149,35.1325,35.1027,35.2801,35.4389,35.389,35.2137,35.0454,34.7897,34.5915,34.3309,33.9859,34.2724,34.5284],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"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"]},{"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":[-12.2574,-11.9961,-6.6315,-2.839,-5.9562,-4.1145,-3.1262,-8.8047,-5.3883,-1.2295,-6.8591,1.936,7.2902,7.9277,4.753,10.7888,9.21,9.0468,9.4777,8.2413,7.6885,6.0202,7.5399,8.8675,5.7545,-2.4036,-2.1296,1.369,-5.6405,-5.5213,-3.1918,0.5803,5.6909,-0.108,-3.9393,-5.4437,-3.5792,5.1637,6.1252,9.0576,5.009,4.3175,6.8361,0.1869,1.0307,0.8523,-4.2168,-4.9666,-6.519,-7.0238,-14.1799,-11.7517,-9.7466,-7.6403,-10.192,-9.3425,-7.4422,-6.8938,-5.3421,-2.9694,-1.5854,-1.8,-1.8669,-11.0865,-13.8898,-10.4408,-11.4326,-14.2812,-14.235,-13.7318,-12.7047,-14.1366,-17.5194,-21.3832,-20.1545,-16.9588,-11.2271,-10.9847,-11.4547,-14.8408,-8.4794,-7.0552,-7.3972,-4.8347,-7.6703,-5.9666,-10.8254,-10.1349,-10.9614,-13.5415,-11.8986,-11.1473,-11.5499,-7.4508,-2.8748,-1.4244,0.5483,-2.8264,2.1457,4.023,5.5,6.1876,-2.1342,-4.7749],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","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"]},{"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":[-43.5281,-42.9884,-41.7291,-38.36,-40.6497,-37.4115,-38.1965,-41.173,-38.2292,-36.1849,-40.5679,-35.0728,-31.6874,-30.9024,-31.9655,-25.2438,-26.2414,-28.2366,-27.5825,-28.6782,-27.9095,-26.5685,-23.7064,-21.4332,-23.4284,-27.1409,-27.6642,-24.1153,-28.0077,-27.9586,-26.4049,-24.8513,-27.2227,-32.0309,-31.9981,-29.8394,-25.8489,-17.6389,-15.9381,-14.0036,-15.887,-15.3825,-16.1224,-21.823,-18.7793,-19.6706,-22.2098,-22.7479,-24.3118,-27.2209,-30.8027,-28.3139,-26.6828,-26.3633,-29.3902,-28.5326,-27.2545,-26.5651,-23.3701,-21.8062,-21.9744,-20.8141,-21.7053,-30.3823,-31.9798,-31.8285,-30.6345,-32.6693,-32.5179,-32.1648,-31.5426,-32.4507,-33.5773,-36.9909,-37.4113,-36.251,-31.6603,-31.139,-30.7691,-33.6614,-33.6109,-33.1065,-36.5369,-35.1916,-34.973,-32.1648,-33.4596,-34.6872,-35.0739,-37.2095,-37.4113,-34.8399,-34.9623,-33.231,-30.6253,-28.824,-28.5442,-28.1245,-26.673,-26.1308,-24.3296,-22.266,-26.4631,-28.2294],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[2.8597,3.8427,6.1364,12.2729,8.1025,14.0006,12.5707,7.1492,12.5112,16.2347,8.2514,18.2604,24.4266,25.8564,23.9202,36.1632,34.3461,30.712,31.9035,29.9077,31.3077,33.7504,38.9634,43.104,36.6608,29.0183,26.8789,30.2273,22.3798,22.4632,25.1042,27.7453,23.7142,14.3643,14.4194,18.0517,14.2066,21.1742,23.6766,26.5227,23.7517,24.4939,23.4054,15.0184,19.4964,18.1851,14.4493,13.6576,11.3568,7.0767,1.807,5.4685,7.8684,8.3384,3.8852,5.1469,7.0272,8.0415,12.7422,14.9877,12.7582,14.435,13.147,0.6075,0.0,0.2225,1.9777,0.0,0.2248,0.7492,1.6733,0.3247,0.0,0.0,0.0,1.8538,9.1886,10.0215,10.6126,5.9914,6.072,6.878,1.3971,3.5465,3.8957,8.3826,6.3138,4.3525,3.7346,0.3224,0.0,4.1085,3.913,6.6791,10.8423,13.7203,14.1673,14.8379,17.157,18.0232,20.9011,24.1982,17.4923,14.6703],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","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"]},{"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":[-0.4703,-0.4941,-0.4497,-0.2561,-0.2059,-0.0165,0.0962,0.0477,0.1434,0.31,0.2371,0.4279,0.7269,0.9888,1.1341,1.5417,1.798,1.8872,1.9655,1.9544,1.9586,2.0007,2.1414,2.3309,2.3619,2.1898,2.0062,2.0014,1.7973,1.6191,1.5319,1.517,1.3799,1.0374,0.7587,0.6302,0.7044,1.129,1.5263,1.9085,2.1003,2.2496,2.3072,2.066,1.9923,1.8712,1.6392,1.4142,1.1505,0.798,0.3494,0.1075,-0.0089,-0.0854,-0.2824,-0.3944,-0.4194,-0.4028,-0.2394,-0.0373,0.1138,0.2837,0.373,0.043,-0.289,-0.5389,-0.6741,-0.8652,-0.9981,-1.0747,-1.0942,-1.1383,-1.2114,-1.4105,-1.5696,-1.6235,-1.4377,-1.2521,-1.0755,-1.0568,-1.0278,-0.9703,-1.0708,-1.0759,-1.0576,-0.9032,-0.831,-0.8209,-0.8213,-0.9097,-0.9778,-0.9027,-0.8391,-0.7008,-0.4656,-0.1938,0.0341,0.2314,0.4495,0.6401,0.8642,1.1241,1.1234,1.0296],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[-0.1096,-0.1865,-0.2391,-0.2425,-0.2352,-0.1915,-0.1339,-0.0976,-0.0494,0.0225,0.0654,0.1379,0.2557,0.4023,0.5487,0.7473,0.9574,1.1434,1.3078,1.4371,1.5414,1.6333,1.7349,1.8541,1.9557,2.0025,2.0032,2.0029,1.9617,1.8932,1.8209,1.7602,1.6841,1.5548,1.3955,1.2425,1.1349,1.1337,1.2122,1.3515,1.5012,1.6509,1.7822,1.8389,1.8696,1.8699,1.8238,1.7419,1.6236,1.4585,1.2367,1.0108,0.8069,0.6284,0.4463,0.2781,0.1386,0.0303,-0.0236,-0.0263,0.0017,0.0581,0.1211,0.1055,0.0266,-0.0865,-0.2041,-0.3363,-0.4686,-0.5899,-0.6907,-0.7802,-0.8665,-0.9753,-1.0941,-1.2,-1.2476,-1.2485,-1.2139,-1.1824,-1.1515,-1.1153,-1.1064,-1.1003,-1.0917,-1.054,-1.0094,-0.9717,-0.9416,-0.9353,-0.9438,-0.9355,-0.9163,-0.8732,-0.7917,-0.6721,-0.5309,-0.3784,-0.2128,-0.0422,0.139,0.3361,0.4935,0.6007],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[-0.3608,-0.3076,-0.2106,-0.0135,0.0293,0.1749,0.2301,0.1453,0.1928,0.2875,0.1717,0.29,0.4712,0.5864,0.5855,0.7944,0.8405,0.7439,0.6577,0.5173,0.4172,0.3674,0.4065,0.4768,0.4062,0.1873,0.003,-0.0015,-0.1645,-0.2741,-0.2891,-0.2432,-0.3042,-0.5174,-0.6368,-0.6123,-0.4305,-0.0047,0.3141,0.557,0.599,0.5987,0.525,0.2271,0.1227,0.0013,-0.1846,-0.3277,-0.4731,-0.6605,-0.8873,-0.9034,-0.8158,-0.7138,-0.7287,-0.6726,-0.558,-0.4331,-0.2158,-0.011,0.1121,0.2257,0.252,-0.0625,-0.3156,-0.4524,-0.4701,-0.5289,-0.5294,-0.4849,-0.4035,-0.3581,-0.3449,-0.4352,-0.4755,-0.4235,-0.1902,-0.0036,0.1384,0.1257,0.1237,0.1449,0.0356,0.0244,0.0341,0.1508,0.1784,0.1508,0.1203,0.0256,-0.034,0.0329,0.0771,0.1724,0.3261,0.4783,0.5649,0.6098,0.6623,0.6823,0.7252,0.788,0.6299,0.4288],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","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"]},{"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":[22.5698,26.257,34.8604,57.8771,42.2347,64.3576,58.9945,38.6593,58.771,72.7375,42.7933,80.3353,99.2497,96.5313,86.6539,96.4207,91.9649,83.0534,85.9752,81.0811,84.5143,90.5041,97.5846,98.2911,90.1844,74.7651,70.9815,86.4154,67.7686,67.994,75.1315,82.269,71.3749,49.2863,49.4365,59.3539,75.0839,96.2996,97.0803,90.1495,82.0123,84.1202,81.0285,57.2089,69.9267,66.2027,55.5927,53.3443,46.8097,34.6539,19.6876,30.0867,36.9024,38.2374,25.5898,29.1733,34.5134,37.3942,50.7445,52.5083,51.7273,56.6008,52.4111,11.6206,4.1107,10.6825,18.1588,7.9392,10.159,13.4387,17.0949,13.1202,10.3966,10.6621,12.7153,18.3757,40.7711,43.3142,45.1189,31.009,31.2551,33.7162,16.9811,23.5439,24.6103,38.3101,32.8559,26.706,26.7516,37.8415,36.2517,57.171,56.8754,71.1353,92.5972,94.6691,94.6574,96.5596,96.1277,92.7825,98.6232,94.9994,69.5858,61.6071],"stroke":"#10243b","width":2.0},{"label":"From high","values":[-16.7149,-15.9189,-14.0617,-9.0931,-12.4698,-7.6942,-8.8519,-13.2417,-8.9001,-5.8852,-12.3492,-4.245,-0.1673,-0.8216,-3.2558,-1.0606,-2.381,-5.0216,-4.1558,-5.6061,-4.5887,-2.8138,-0.7447,-0.5589,-3.0843,-7.7831,-8.4455,-3.9536,-8.8802,-8.8181,-6.8516,-4.8851,-7.8866,-13.9723,-13.9309,-11.1985,-6.1478,-0.8271,-0.6955,-2.6605,-4.8688,-4.2982,-5.135,-11.5824,-8.14,-9.148,-12.0198,-12.6284,-14.3971,-17.6873,-21.7383,-18.9236,-17.0787,-16.7174,-20.1407,-19.1708,-17.7254,-16.9456,-13.3321,-11.5633,-11.7535,-10.4412,-11.4492,-21.2628,-23.0696,-22.8984,-19.0224,-21.3977,-20.2187,-17.8411,-17.0876,-16.3996,-17.4676,-21.7091,-22.2315,-20.7898,-15.0857,-14.4379,-13.9783,-17.5721,-17.5094,-16.8826,-21.145,-19.4735,-19.2018,-15.7125,-16.7648,-18.3004,-17.2525,-10.8618,-11.127,-7.4757,-7.4506,-4.9869,-1.279,-1.0214,-1.0414,-0.6767,-0.8278,-1.6302,-0.3225,-1.3099,-8.3878,-10.5882],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[6.2135,7.2286,9.5971,15.9336,11.6272,17.7176,16.2412,10.6429,16.1796,20.0246,11.781,22.1163,28.4836,29.96,27.9606,40.6029,38.7265,34.9739,36.2042,34.1433,35.5891,38.1114,43.4943,47.7699,41.3221,33.3433,29.1387,35.4745,25.7714,25.8571,28.5714,31.2857,27.1429,18.7429,18.8,22.5714,24.5947,27.72,30.3576,33.3574,30.4368,31.2191,30.0717,21.2316,25.9515,24.5695,20.6318,19.7974,17.3722,12.8609,7.3065,11.1659,13.6954,14.1908,9.497,10.8269,12.8088,13.8779,18.8325,16.8995,16.6482,17.9314,16.6041,3.6814,1.3023,3.6829,5.4987,2.4041,2.9502,3.489,4.4382,3.0528,2.5175,3.4226,4.3454,6.2798,13.9333,14.8024,15.4191,10.5971,10.6813,11.5223,5.8032,8.046,8.4104,13.0922,10.9336,8.887,8.2422,8.0127,7.6656,12.0891,11.8785,14.8567,19.3391,22.4376,22.919,23.6409,26.1378,27.0704,30.169,33.7187,26.4988,23.4605],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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":[6.3842,6.0278,5.9013,5.6692,5.8256,5.5365,5.4388,5.6991,5.4104,5.2603,6.0624,5.8043,5.5159,5.368,5.3801,5.2655,5.1154,5.2826,5.0351,4.9242,4.7506,4.652,4.6599,4.4874,4.5012,5.0196,4.966,4.8606,5.5347,5.5947,5.541,5.3031,5.5502,6.3897,6.5025,6.2469,5.9532,5.784,5.5415,5.4565,5.61,5.377,5.2861,6.0762,5.759,5.6642,5.7509,5.5763,5.5929,5.8152,6.3008,5.9877,5.6706,5.3961,5.7834,5.5008,5.3319,5.1531,4.9805,4.901,4.924,4.6767,4.5869,5.7719,5.8192,5.6453,5.3838,5.3698,5.2064,4.9262,4.6732,4.5631,4.7177,5.5235,5.5703,5.3307,5.1904,5.1635,5.0397,5.6822,5.6233,5.4211,5.8473,5.7506,5.5343,5.2751,5.3672,5.3626,5.2516,5.907,5.9172,5.6669,5.612,5.2874,5.008,4.7871,4.5781,4.3636,4.1727,4.1269,4.0083,3.98,4.8137,4.921],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[22.0266,21.7659,21.7467,21.7797,21.6296,21.1101,19.2295,18.3583,17.4013,16.6269,15.6233,17.4572,21.3538,24.7785,26.8261,32.7385,36.4522,37.1897,36.768,35.7595,34.6034,33.5249,33.5171,35.1602,34.2279,33.2091,31.5276,28.3253,25.5851,23.5296,17.3195,14.5716,13.2918,13.8819,13.9004,14.241,14.2784,17.9197,21.614,25.1934,26.9377,28.6046,29.8618,29.8331,30.2596,30.0591,29.4567,29.3884,28.7183,28.5304,29.8207,30.4711,30.3631,28.5869,27.5265,27.0728,27.3811,27.2876,26.1252,23.8824,22.1963,20.1324,17.9629,18.9658,19.2382,19.2494,19.3591,20.1147,20.8853,21.6786,21.8654,22.6321,23.6342,25.8665,28.0523,29.4585,29.4667,29.2631,28.028,26.0041,23.3231,18.3795,12.5416,12.3248,12.4036,12.3357,11.7346,11.7635,11.8015,12.4131,12.6911,12.4376,12.3985,11.9905,12.1152,13.4303,14.7895,16.0914,17.9925,20.0428,22.6231,25.8004,25.6187,25.2017],"stroke":"#b87806","width":1.7}],"guides":[],"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"]}]},"canonical_url":"https://sharemaestro.com/terminal/4cb1e314-4b5d-49ad-be89-4e9ea7adaad9/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/4cb1e314-4b5d-49ad-be89-4e9ea7adaad9/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/4cb1e314-4b5d-49ad-be89-4e9ea7adaad9/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/4cb1e314-4b5d-49ad-be89-4e9ea7adaad9/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/4cb1e314-4b5d-49ad-be89-4e9ea7adaad9/technical-pack/data.json"},"source_fingerprint":"077e2690725dde52a537fd9af92191dcb6effaa075d4a018aa9b319d0094f10a","content_hash":"e38bfbaca3d7857c6beea0ce0fbfdc9e7f8805cd2cec250f3d555b2aa577faa6","citation":"Sharemaestro, FME Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/4cb1e314-4b5d-49ad-be89-4e9ea7adaad9/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."}