{"schema_version":"1.0","name":"KALPATARU Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"51fdd88f-943a-4c5d-9638-c8cee85e713b","symbol":"KALPATARU","name":"KALPATARU LIMITED","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Real Estate","industry":"Real Estate - Development"},"summary":"Price structure and the underlying tape currently reinforce the same downside read.","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, Activity pressure and cumulative balance, Drawdown and recovery pressure, 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":59,"displayedObservations":59,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Price structure and the underlying tape currently reinforce the same downside read.","evidenceAlignment":{"status":"Evidence aligned downward","headline":"Downward price structure is confirmed by Market Dynamics","summary":"Price structure and the underlying tape currently reinforce the same downside read.","take":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","tone":"negative","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.048095,-0.17752,-0.476657,-0.563343,-0.59916,-0.386925,-0.185134,-0.11285,-0.2523,-0.450222,-0.642085,-0.818295,-0.942195,-0.871107,-0.589991,-0.235064,0.168746,0.475229,0.556088,0.566712,0.45319,0.364095,0.347292,0.293776,0.272232,0.101433,-0.20324,-0.447811,-0.564457,-0.652165,-0.646848],"opens":[345.049988,353.100006,333.299988,326.700012,325.100006,348.0,341.100006,315.0,297.0,299.0,295.0,268.350006,286.0,295.200012,319.0,325.100006,333.799988,390.0,332.899994,345.0,314.0,315.0,328.299988,307.549988,308.0,289.049988,287.0,275.0,267.0,300.75,286.299988],"highs":[375.649994,358.399994,337.5,348.899994,371.0,364.649994,349.0,323.950012,329.450012,325.0,311.0,289.200012,306.950012,327.899994,335.850006,334.899994,401.0,409.799988,344.200012,345.0,318.799988,315.950012,329.0,307.549988,311.100006,293.0,300.399994,299.399994,314.799988,309.799988,296.950012],"lows":[336.0,330.899994,320.799988,319.100006,325.100006,331.100006,323.549988,297.049988,286.0,290.25,270.200012,258.0,282.549988,295.200012,309.600006,321.0,320.0,329.899994,315.0,328.0,314.0,311.0,321.049988,307.549988,303.049988,285.200012,270.399994,265.149994,265.25,281.600006,284.049988],"closes":[358.299988,333.25,331.350006,337.350006,348.399994,342.0,324.700012,305.899994,303.450012,296.25,271.350006,287.549988,304.200012,311.049988,325.100006,325.700012,385.149994,330.950012,333.799988,329.149994,316.0,314.149994,326.0,307.549988,308.799988,288.049988,272.899994,266.350006,297.850006,287.100006,286.25],"hoverRows":[[{"label":"Open","value":"345.0","className":"is-ohlc","compact":true},{"label":"High","value":"375.6","className":"is-ohlc","compact":true},{"label":"Low","value":"336.0","className":"is-ohlc","compact":true},{"label":"Close","value":"358.3","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":"353.1","className":"is-ohlc","compact":true},{"label":"High","value":"358.4","className":"is-ohlc","compact":true},{"label":"Low","value":"330.9","className":"is-ohlc","compact":true},{"label":"Close","value":"333.2","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":"333.3","className":"is-ohlc","compact":true},{"label":"High","value":"337.5","className":"is-ohlc","compact":true},{"label":"Low","value":"320.8","className":"is-ohlc","compact":true},{"label":"Close","value":"331.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.48","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"326.7","className":"is-ohlc","compact":true},{"label":"High","value":"348.9","className":"is-ohlc","compact":true},{"label":"Low","value":"319.1","className":"is-ohlc","compact":true},{"label":"Close","value":"337.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.56","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"325.1","className":"is-ohlc","compact":true},{"label":"High","value":"371.0","className":"is-ohlc","compact":true},{"label":"Low","value":"325.1","className":"is-ohlc","compact":true},{"label":"Close","value":"348.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.60","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"348.0","className":"is-ohlc","compact":true},{"label":"High","value":"364.6","className":"is-ohlc","compact":true},{"label":"Low","value":"331.1","className":"is-ohlc","compact":true},{"label":"Close","value":"342.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.39","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"341.1","className":"is-ohlc","compact":true},{"label":"High","value":"349.0","className":"is-ohlc","compact":true},{"label":"Low","value":"323.5","className":"is-ohlc","compact":true},{"label":"Close","value":"324.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.19","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"315.0","className":"is-ohlc","compact":true},{"label":"High","value":"324.0","className":"is-ohlc","compact":true},{"label":"Low","value":"297.0","className":"is-ohlc","compact":true},{"label":"Close","value":"305.9","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":"297.0","className":"is-ohlc","compact":true},{"label":"High","value":"329.5","className":"is-ohlc","compact":true},{"label":"Low","value":"286.0","className":"is-ohlc","compact":true},{"label":"Close","value":"303.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.25","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"299.0","className":"is-ohlc","compact":true},{"label":"High","value":"325.0","className":"is-ohlc","compact":true},{"label":"Low","value":"290.2","className":"is-ohlc","compact":true},{"label":"Close","value":"296.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.45","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"295.0","className":"is-ohlc","compact":true},{"label":"High","value":"311.0","className":"is-ohlc","compact":true},{"label":"Low","value":"270.2","className":"is-ohlc","compact":true},{"label":"Close","value":"271.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.64","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"268.4","className":"is-ohlc","compact":true},{"label":"High","value":"289.2","className":"is-ohlc","compact":true},{"label":"Low","value":"258.0","className":"is-ohlc","compact":true},{"label":"Close","value":"287.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.82","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"286.0","className":"is-ohlc","compact":true},{"label":"High","value":"307.0","className":"is-ohlc","compact":true},{"label":"Low","value":"282.5","className":"is-ohlc","compact":true},{"label":"Close","value":"304.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.94","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"295.2","className":"is-ohlc","compact":true},{"label":"High","value":"327.9","className":"is-ohlc","compact":true},{"label":"Low","value":"295.2","className":"is-ohlc","compact":true},{"label":"Close","value":"311.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.87","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"319.0","className":"is-ohlc","compact":true},{"label":"High","value":"335.9","className":"is-ohlc","compact":true},{"label":"Low","value":"309.6","className":"is-ohlc","compact":true},{"label":"Close","value":"325.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.59","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"325.1","className":"is-ohlc","compact":true},{"label":"High","value":"334.9","className":"is-ohlc","compact":true},{"label":"Low","value":"321.0","className":"is-ohlc","compact":true},{"label":"Close","value":"325.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.24","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"333.8","className":"is-ohlc","compact":true},{"label":"High","value":"401.0","className":"is-ohlc","compact":true},{"label":"Low","value":"320.0","className":"is-ohlc","compact":true},{"label":"Close","value":"385.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.17","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"390.0","className":"is-ohlc","compact":true},{"label":"High","value":"409.8","className":"is-ohlc","compact":true},{"label":"Low","value":"329.9","className":"is-ohlc","compact":true},{"label":"Close","value":"331.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.48","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"332.9","className":"is-ohlc","compact":true},{"label":"High","value":"344.2","className":"is-ohlc","compact":true},{"label":"Low","value":"315.0","className":"is-ohlc","compact":true},{"label":"Close","value":"333.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.56","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"345.0","className":"is-ohlc","compact":true},{"label":"High","value":"345.0","className":"is-ohlc","compact":true},{"label":"Low","value":"328.0","className":"is-ohlc","compact":true},{"label":"Close","value":"329.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.57","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"314.0","className":"is-ohlc","compact":true},{"label":"High","value":"318.8","className":"is-ohlc","compact":true},{"label":"Low","value":"314.0","className":"is-ohlc","compact":true},{"label":"Close","value":"316.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.45","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"315.0","className":"is-ohlc","compact":true},{"label":"High","value":"316.0","className":"is-ohlc","compact":true},{"label":"Low","value":"311.0","className":"is-ohlc","compact":true},{"label":"Close","value":"314.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.36","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"328.3","className":"is-ohlc","compact":true},{"label":"High","value":"329.0","className":"is-ohlc","compact":true},{"label":"Low","value":"321.0","className":"is-ohlc","compact":true},{"label":"Close","value":"326.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.35","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"307.5","className":"is-ohlc","compact":true},{"label":"High","value":"307.5","className":"is-ohlc","compact":true},{"label":"Low","value":"307.5","className":"is-ohlc","compact":true},{"label":"Close","value":"307.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.29","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"308.0","className":"is-ohlc","compact":true},{"label":"High","value":"311.1","className":"is-ohlc","compact":true},{"label":"Low","value":"303.0","className":"is-ohlc","compact":true},{"label":"Close","value":"308.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.27","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"289.0","className":"is-ohlc","compact":true},{"label":"High","value":"293.0","className":"is-ohlc","compact":true},{"label":"Low","value":"285.2","className":"is-ohlc","compact":true},{"label":"Close","value":"288.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.10","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"287.0","className":"is-ohlc","compact":true},{"label":"High","value":"300.4","className":"is-ohlc","compact":true},{"label":"Low","value":"270.4","className":"is-ohlc","compact":true},{"label":"Close","value":"272.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.20","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"275.0","className":"is-ohlc","compact":true},{"label":"High","value":"299.4","className":"is-ohlc","compact":true},{"label":"Low","value":"265.1","className":"is-ohlc","compact":true},{"label":"Close","value":"266.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.45","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"267.0","className":"is-ohlc","compact":true},{"label":"High","value":"314.8","className":"is-ohlc","compact":true},{"label":"Low","value":"265.2","className":"is-ohlc","compact":true},{"label":"Close","value":"297.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.56","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"300.8","className":"is-ohlc","compact":true},{"label":"High","value":"309.8","className":"is-ohlc","compact":true},{"label":"Low","value":"281.6","className":"is-ohlc","compact":true},{"label":"Close","value":"287.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.65","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"286.3","className":"is-ohlc","compact":true},{"label":"High","value":"297.0","className":"is-ohlc","compact":true},{"label":"Low","value":"284.0","className":"is-ohlc","compact":true},{"label":"Close","value":"286.2","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}]],"pressureRange":[-2.3,2.3],"priceRange":[259.222007,392.277993],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.646848,"state":"Negative and weakening","context":{"scenario":"negativeWeakening","latestDirection":"slight strengthening","fourWeekDirection":"weakening","now":{"label":"Slightly stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"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 weakening","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 weakening","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":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":31,"relationship":{"sameWeekCorrelation":0.21,"forwardCorrelation":-0.55,"directionalAgreement":46.2,"sample":26,"correlationSample":30,"label":"Variable relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.5,"medianWeeksInZone":1.5,"averageWeeksToHigher":1.5,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":12.4,"averageReturn":12.4,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":20.1,"averageReturn":20.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.8,"sample":2},{"week":2,"averageReturn":10.6,"sample":2},{"week":3,"averageReturn":9.9,"sample":2},{"week":4,"averageReturn":12.4,"sample":2},{"week":5,"averageReturn":20.0,"sample":1},{"week":6,"averageReturn":41.9,"sample":1},{"week":7,"averageReturn":22.0,"sample":1},{"week":8,"averageReturn":23.0,"sample":1},{"week":9,"averageReturn":21.3,"sample":1},{"week":10,"averageReturn":16.5,"sample":1},{"week":11,"averageReturn":15.8,"sample":1},{"week":12,"averageReturn":20.1,"sample":1},{"week":13,"averageReturn":13.3,"sample":1},{"week":14,"averageReturn":13.8,"sample":1},{"week":15,"averageReturn":6.2,"sample":1},{"week":16,"averageReturn":0.6,"sample":1},{"week":17,"averageReturn":-1.8,"sample":1},{"week":18,"averageReturn":9.8,"sample":1},{"week":19,"averageReturn":5.8,"sample":1},{"week":20,"averageReturn":5.5,"sample":1},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-18.0,"averageReturn":-18.0,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-22.7,"averageReturn":-22.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-14.1,"sample":1},{"week":2,"averageReturn":-13.3,"sample":1},{"week":3,"averageReturn":-14.5,"sample":1},{"week":4,"averageReturn":-18.0,"sample":1},{"week":5,"averageReturn":-18.4,"sample":1},{"week":6,"averageReturn":-15.4,"sample":1},{"week":7,"averageReturn":-20.1,"sample":1},{"week":8,"averageReturn":-19.8,"sample":1},{"week":9,"averageReturn":-25.2,"sample":1},{"week":10,"averageReturn":-29.1,"sample":1},{"week":11,"averageReturn":-30.8,"sample":1},{"week":12,"averageReturn":-22.7,"sample":1},{"week":13,"averageReturn":-25.5,"sample":1},{"week":14,"averageReturn":-25.7,"sample":1},{"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}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":13.3,"averageExpectedMove":13.3,"averageWeeksToLargestMove":2.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-18.0,"medianReturn":-18.0,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-22.7,"medianReturn":-22.7,"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":-14.1,"sample":1},{"week":2,"averageReturn":-13.3,"sample":1},{"week":3,"averageReturn":-14.5,"sample":1},{"week":4,"averageReturn":-18.0,"sample":1},{"week":5,"averageReturn":-18.4,"sample":1},{"week":6,"averageReturn":-15.4,"sample":1},{"week":7,"averageReturn":-20.1,"sample":1},{"week":8,"averageReturn":-19.8,"sample":1},{"week":9,"averageReturn":-25.2,"sample":1},{"week":10,"averageReturn":-29.1,"sample":1},{"week":11,"averageReturn":-30.8,"sample":1},{"week":12,"averageReturn":-22.7,"sample":1},{"week":13,"averageReturn":-25.5,"sample":1},{"week":14,"averageReturn":-25.7,"sample":1},{"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":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":19.3,"averageExpectedMove":19.3,"averageWeeksToLargestMove":5.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"averageReturn":-8.1,"medianReturn":-12.9,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":6.7,"medianReturn":6.7,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-17.8,"medianReturn":-17.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-3.3,"sample":3},{"week":2,"averageReturn":-1.4,"sample":3},{"week":3,"averageReturn":-5.3,"sample":3},{"week":4,"averageReturn":-8.1,"sample":3},{"week":5,"averageReturn":-13.2,"sample":2},{"week":6,"averageReturn":-14.2,"sample":2},{"week":7,"averageReturn":-10.8,"sample":2},{"week":8,"averageReturn":-6.3,"sample":2},{"week":9,"averageReturn":-5.2,"sample":2},{"week":10,"averageReturn":6.0,"sample":2},{"week":11,"averageReturn":-2.3,"sample":2},{"week":12,"averageReturn":6.7,"sample":2},{"week":13,"averageReturn":-1.8,"sample":2},{"week":14,"averageReturn":-3.4,"sample":2},{"week":15,"averageReturn":-4.4,"sample":2},{"week":16,"averageReturn":-4.4,"sample":2},{"week":17,"averageReturn":-7.6,"sample":2},{"week":18,"averageReturn":-5.7,"sample":2},{"week":19,"averageReturn":-11.5,"sample":2},{"week":20,"averageReturn":-13.7,"sample":2},{"week":21,"averageReturn":-17.6,"sample":2},{"week":22,"averageReturn":-15.0,"sample":2},{"week":23,"averageReturn":-17.6,"sample":2},{"week":24,"averageReturn":-13.2,"sample":2},{"week":25,"averageReturn":-17.6,"sample":1},{"week":26,"averageReturn":-17.8,"sample":1}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":10.9,"averageExpectedMove":10.9,"averageWeeksToLargestMove":8.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":6.6,"medianReturn":6.6,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-0.9,"medianReturn":-0.9,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.4,"sample":2},{"week":2,"averageReturn":-1.8,"sample":2},{"week":3,"averageReturn":-2.1,"sample":2},{"week":4,"averageReturn":6.6,"sample":2},{"week":5,"averageReturn":-5.9,"sample":2},{"week":6,"averageReturn":-3.1,"sample":2},{"week":7,"averageReturn":-1.4,"sample":2},{"week":8,"averageReturn":-2.6,"sample":2},{"week":9,"averageReturn":-0.8,"sample":2},{"week":10,"averageReturn":1.2,"sample":2},{"week":11,"averageReturn":6.9,"sample":2},{"week":12,"averageReturn":-0.9,"sample":2},{"week":13,"averageReturn":-3.9,"sample":2},{"week":14,"averageReturn":-7.0,"sample":2},{"week":15,"averageReturn":-10.0,"sample":2},{"week":16,"averageReturn":-5.1,"sample":2},{"week":17,"averageReturn":-5.1,"sample":2},{"week":18,"averageReturn":-8.0,"sample":2},{"week":19,"averageReturn":-9.7,"sample":1},{"week":20,"averageReturn":-15.8,"sample":1},{"week":21,"averageReturn":-20.2,"sample":1},{"week":22,"averageReturn":-22.1,"sample":1},{"week":23,"averageReturn":-12.9,"sample":1},{"week":24,"averageReturn":-16.1,"sample":1},{"week":25,"averageReturn":-16.3,"sample":1},{"week":26,"sample":0}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-2.3,"medianReturn":-2.3,"confidenceLow":0.0,"confidenceHigh":79.3,"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":-0.6,"sample":1},{"week":2,"averageReturn":3.2,"sample":1},{"week":3,"averageReturn":-2.7,"sample":1},{"week":4,"averageReturn":-2.3,"sample":1},{"week":5,"averageReturn":-8.8,"sample":1},{"week":6,"averageReturn":-13.6,"sample":1},{"week":7,"averageReturn":-15.7,"sample":1},{"week":8,"averageReturn":-5.7,"sample":1},{"week":9,"averageReturn":-9.1,"sample":1},{"week":10,"averageReturn":-9.4,"sample":1},{"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}]}},"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":"Evidence aligned downward","tone":"negative","headline":"Price and Market Dynamics remain aligned downward","use":"The downside remains supported until Market Dynamics repairs or price structure changes.","confirm":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","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":0.0,"averageReturn":6.7,"sample":2},"nowContext":{"label":"Slightly stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"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":"Capital protection","title":"Treat agreement on the downside as a defensive condition","tone":"negative","approach":"Reduce the burden of proof for risk control and raise it for new long exposure. A short position still needs a defined entry, exit and maximum loss.","finding":"In this ticker's completed record, 0.0% of comparable cases moved lower after 12 weeks, with an average move of 6.7% across 2 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 1 cases. Distinct visits lasted 1.5 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 unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 10.9% across 2 completed cases, with the largest move arriving after 8.0 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":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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":[415.2,417.75,416.3,406.15,377.35,380.05,388.85,386.2,381.2,394.5,395.9,391.2,374.0,377.75,371.55,397.05,396.25,384.55,369.7,368.15,357.5,345.55,333.0,349.8,337.9,344.4,380.75,351.45,358.3,333.25,331.35,337.35,348.4,342.0,324.7,305.9,303.45,296.25,271.35,287.55,304.2,311.05,325.1,325.7,385.15,330.95,333.8,329.15,316.0,314.15,326.0,307.55,308.8,288.05,272.9,266.35,297.85,287.1,286.25],"consensus":[-69.9434,-78.4027,-87.724,-40.9561,-54.8121,-18.6429,-15.9754,-23.3838,-21.3731,10.8683,0.0,-12.2431,-35.1783,-8.1231,-29.1676,34.8518,8.4968,-15.9216,-29.2294,-21.2466,-42.0125,-49.1232,-46.8921,0.0,-41.2968,0.0,54.973,-35.2413,15.6667,-43.8179,-23.6748,0.0,8.9282,-10.0215,-41.3157,-51.9919,-29.5566,-42.3062,-65.7482,0.0,11.0772,10.2709,29.8947,13.1788,68.4778,-28.5828,12.0394,-11.0281,-23.2976,-10.2187,0.0,-26.3057,0.0,-40.7763,-57.3322,-49.5239,22.7461,-27.5341,-13.1239],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[-23.6032,-30.4057,9.0329,0.0,-20.3444,-42.5135,-1.7839,-26.7645,32.8161,2.5067,-23.8675,-37.988,-17.7397,-46.4172,-45.6705,-50.3641,0.0,-37.0765,0.0,47.6382,-41.187,8.8192,-50.8944,-17.1051,0.0,13.7726,-16.0123,-46.2895,-46.0717,-22.1598,-37.398,-64.1524,0.0,18.0651,7.4448,21.8423,4.0989,60.5836,-36.3231,9.5922,-20.5311,-20.6565,-6.6769,0.0,-27.3354,0.0,-44.8233,-56.0091,-47.3221,26.0862,-31.1267,-23.9643],"force":[-16.6507,-14.6235,19.6416,0.0,-12.8627,-32.9078,-6.3246,-19.2118,65.6157,3.2553,-25.2126,-30.6408,-11.6164,-35.4548,-58.2256,-35.6384,0.0,-51.6023,0.0,92.251,-61.8694,35.6081,-52.4321,-9.7532,0.0,25.648,-11.358,-55.8139,-70.0476,-16.9686,-41.6811,-81.6288,0.0,33.4226,23.0618,43.3743,6.038,92.7295,-80.77,13.1839,-20.4088,-22.5023,-4.0516,0.0,-23.329,0.0,-31.8157,-65.4287,-48.3037,70.0487,-36.4289,-4.739],"direction":[-27.9424,-15.8712,6.6992,0.0,-2.5418,-28.417,-29.7651,-39.0253,15.204,19.0866,-0.204,-18.2115,-32.1333,-41.6625,-46.5674,-50.9625,0.0,-38.7589,0.0,36.7284,-9.4261,9.2487,-29.5773,-41.127,0.0,8.5512,-2.2201,-25.2754,-45.8608,-47.0015,-48.3621,-56.2286,0.0,12.8701,4.3644,29.4691,28.6563,60.177,-17.5399,14.0188,-6.5331,-26.8842,-18.6716,0.0,-27.2551,0.0,-42.5516,-53.0612,-52.9117,14.8586,-17.0748,-6.7241],"intensity":[42.8571,25.0,55.5556,70.0,81.8182,50.0,53.8462,21.4286,86.6667,87.5,23.5294,44.4444,47.3684,20.0,33.3333,95.4545,52.1739,25.0,16.0,100.0,85.1852,42.8571,72.4138,60.0,19.3548,62.5,12.1212,55.8824,85.7143,19.4444,13.5135,73.6842,61.5385,72.5,58.5366,40.4762,23.2558,100.0,97.7778,97.8261,34.0426,81.25,2.0408,36.0,58.8235,3.8462,53.8462,46.1538,11.5385,88.4615,48.0769,32.6923],"confirmation":[75.2743,74.496,49.1065,24.6522,49.1466,79.0761,26.7065,77.0668,80.1212,25.3172,50.5903,77.263,74.5589,81.177,84.0494,82.6096,31.7357,81.5934,4.5301,86.8392,79.9981,73.7254,82.1764,75.2518,3.7878,27.7837,48.4896,81.5871,85.2779,77.1872,81.5937,89.5477,31.0298,29.5315,26.3862,78.0998,26.8046,90.7723,37.0275,71.9248,50.3971,75.4713,25.8027,47.9787,76.3114,25.3777,80.7137,86.6132,83.844,34.506,77.0272,34.4456],"persistence":[100.0,100.0,75.0,62.5,62.5,62.5,62.5,62.5,37.5,12.5,37.5,50.0,50.0,50.0,50.0,50.0,62.5,87.5,75.0,50.0,50.0,25.0,25.0,25.0,25.0,0.0,12.5,37.5,37.5,62.5,62.5,62.5,62.5,62.5,37.5,12.5,12.5,37.5,37.5,62.5,50.0,25.0,0.0,12.5,37.5,50.0,50.0,75.0,75.0,50.0,50.0,62.5],"assessmentRisk":[35.3607,27.9616,37.0941,30.2537,28.3312,11.4447,41.8696,34.453,3.5718,42.7318,36.3384,6.4985,38.869,28.8941,25.3254,26.4449,47.2567,25.3508,4.1324,22.276,22.2874,34.8636,6.7802,37.8675,31.2274,30.3823,28.5648,2.4497,21.1669,34.7272,28.4153,16.9022,41.6752,2.8769,33.9832,35.0211,43.0844,15.7191,46.7396,10.2851,12.2924,37.9564,24.2048,18.6474,22.1538,11.1194,18.9802,20.0035,22.0345,31.2601,11.2703,44.509],"volumeParticipation":true,"latest":{"consensus":-13.1,"control":-24.0,"force":-4.7,"direction":-6.7,"confirmation":34.4,"persistence":62.5,"assessmentRisk":44.5,"intensity":32.7,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Follow-through is limited","persistenceState":"Developing","confirmationState":"Limited support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-13.1","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-24.0","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-4.7","detail":"Commitment is limited","tone":"negative"},{"label":"SM Direction Gauge","value":"-6.7","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"34/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"42.7","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"10.0%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"12.6","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"19%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned downward.","series":[{"label":"Close","values":[415.2,417.75,416.3,406.15,377.35,380.05,388.85,386.2,381.2,394.5,395.9,391.2,374.0,377.75,371.55,397.05,396.25,384.55,369.7,368.15,357.5,345.55,333.0,349.8,337.9,344.4,380.75,351.45,358.3,333.25,331.35,337.35,348.4,342.0,324.7,305.9,303.45,296.25,271.35,287.55,304.2,311.05,325.1,325.7,385.15,330.95,333.8,329.15,316.0,314.15,326.0,307.55,308.8,288.05,272.9,266.35,297.85,287.1,286.25],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,407.3597,402.3943,399.9317,397.435,394.4832,394.4863,394.7433,394.0991,390.4447,388.1366,385.1208,387.2898,388.9189,388.1246,384.7746,381.752,377.3425,371.5621,364.5508,361.8688,357.5108,355.1271,359.7858,358.2702,358.2756,353.7255,349.6572,347.4195,347.5978,346.58,342.6018,335.9288,330.0235,323.8829,314.3315,309.4621,308.5054,308.968,311.9011,314.41,327.2718,327.9406,329.0059,329.0321,326.6626,324.3876,324.6808,321.5661,319.245,313.5732,306.178,298.9366,298.739,296.6228,294.7369],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,400.2654,398.5976,396.5941,396.6278,396.5999,395.7073,393.7808,391.8822,389.3354,386.092,382.1593,379.7623,376.6614,374.2717,374.7515,373.0255,371.9347,369.0692,366.2752,364.1326,362.9672,361.4141,358.6945,354.7838,350.9813,346.9271,341.3288,337.3452,334.89,333.1241,332.5297,332.0238,335.9591,335.588,335.4556,334.9885,333.5819,332.1425,331.6875,329.8996,328.3366,325.3524,321.4671,317.3843,315.9373,313.8012,311.7604],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,426.859,425.3992,423.8779,423.517,422.5195,422.036,421.5282,420.9701,419.9529,419.7561,419.5339,417.291,415.1254,414.0541,411.0566,412.8022,412.9778,412.0623,410.6949,409.5256,407.5232,404.5003,401.0416,399.529,397.3776,396.7618,392.5556,386.9637,383.7066,386.3845,384.2944,381.5942,379.8933,379.4491,377.2067,385.5559,384.4286,376.7408,374.2626,369.7277,368.6083,368.1684,366.3893,362.6619,360.2181,360.8508,362.7834,362.7028,362.8651,361.8516],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,365.851,367.2281,367.8971,364.8907,363.5377,361.1574,362.3468,363.4123,363.5804,361.4545,359.4311,355.904,350.8496,343.5909,340.9534,335.2628,331.5222,331.6277,329.5201,328.3994,324.2767,320.8447,318.9184,317.871,316.4474,312.3782,307.4694,303.7813,298.2084,285.6955,279.7256,277.0958,275.3467,275.0009,274.8333,271.2091,270.9914,273.9842,274.2324,274.5373,273.7467,273.6516,272.4507,272.2181,269.2669,263.4542,257.5666,257.0872,256.0099,258.5134],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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":[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,-9.9267,-9.9237,-15.2107,-19.4885,-18.9711,-11.2898,-14.676,-13.7248],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"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,15.481,10.1227,14.548,41.2566,7.9302,8.5597,3.2718,4.8977,70.0281,16.2691,22.9642,13.8156,19.7002,14.2424,101.9641,28.6369,84.4259,144.6632,40.0417,154.6018,72.6436,175.3417,52.1556,27.5605,39.8688,84.5622,35.152,112.3285,275.5458,447.5315,176.4289,128.0022,33.4171,29.2734,77.6927,110.7246,19.8791,230.6765,594.757,114.0307,33.1706,6.088,2.8042,7.42,0.0,10.537,14.4687,79.6294,176.5502,496.3202,55.9188,31.7057],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,125.9826,124.2731,126.5169,132.5269,131.4609,130.3917,130.7721,130.2389,135.0,133.4687,131.4009,130.2137,128.5895,127.8925,124.3788,123.5503,125.8644,121.893,122.8283,126.2113,124.6635,128.6061,127.4577,126.9204,127.6934,129.3616,128.662,126.323,120.7769,109.6139,104.9874,101.4825,102.3854,103.1778,105.2239,108.2622,108.7899,115.1942,92.089,96.5822,95.2792,95.0513,94.9479,95.2207,95.2207,95.5973,95.0815,92.2225,85.8067,106.1113,103.8909,102.6681],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":[0.0,0.0,-0.3471,-2.7768,-9.6709,-9.0245,-6.918,-7.5524,-8.7492,-5.5655,-5.2304,-6.3555,-10.4728,-9.5751,-11.0592,-4.9551,-5.1466,-7.9473,-11.5021,-11.8731,-14.4225,-17.2831,-20.2873,-16.2657,-19.1143,-17.5583,-8.857,-15.8707,-14.231,-20.2274,-20.6822,-19.246,-16.6008,-18.1329,-22.2741,-26.7744,-27.3609,-29.0844,-35.0449,-31.167,-27.1813,-25.5416,-22.1783,-22.0347,-7.8037,-20.778,-20.0958,-21.2089,-24.3567,-24.7995,-21.9629,-26.3794,-26.0802,-31.0473,-34.6738,-36.2418,-28.7014,-31.2747,-31.4782],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,2.3453,1.0203,4.5449,4.9159,3.6703,0.0,1.0027,0.0,6.8631,6.6478,3.4989,0.0,0.0,0.0,0.0,0.0,5.045,1.4715,3.4234,14.3393,5.5405,7.5976,0.0751,0.0,1.8108,5.1456,3.2141,0.0,0.0,0.0,0.0,0.0,5.9701,12.1061,14.6305,19.8084,20.0295,41.9385,21.9643,23.0145,21.3009,16.4548,15.773,20.14,13.3407,13.8014,6.1544,0.5712,0.0,11.8265,7.7905,7.4714],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":[null,null,null,null,null,null,null,36.2007,31.7204,43.638,44.8925,40.681,25.2688,28.629,23.0735,45.9229,45.2061,34.7222,21.4158,20.0269,10.4839,0.5335,3.864,18.4848,9.4697,14.3939,41.9318,23.8444,31.6651,7.5553,9.7235,16.5608,26.588,20.7804,5.0817,6.6919,13.9936,8.2197,0.8185,19.3517,30.2554,34.7413,45.6773,51.2879,88.9161,48.0567,49.9341,46.8709,38.2082,36.9895,44.7958,32.6416,33.4651,19.7958,9.8155,5.5007,26.2517,19.17,18.61],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-15.5662,-16.6594,-13.7516,-13.4456,-14.4731,-18.2335,-17.4136,-18.7691,-13.1941,-13.369,-15.927,-19.1736,-19.5125,-21.8408,-24.4534,-27.1972,-23.5243,-26.1259,-24.7049,-16.7578,-19.1418,-16.5386,-22.3736,-22.8162,-21.4186,-18.8446,-20.3354,-24.3652,-28.7445,-26.114,-27.8671,-33.9299,-29.9854,-25.9313,-24.2635,-19.7086,-16.4872,-3.9526,-19.2411,-18.5456,-19.6803,-22.8892,-23.3407,-20.449,-24.9512,-24.6462,-29.7096,-33.4065,-35.0049,-27.3182,-29.9414,-30.1489],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,11.6831,10.2371,14.0833,14.4881,13.129,8.155,9.2394,7.4465,14.8207,14.5894,11.2059,6.9115,6.4633,3.3835,0.1739,1.5244,7.4985,3.8414,5.839,17.0098,8.0055,10.1106,2.4124,3.2887,5.7192,9.1821,7.1764,1.7549,2.9793,6.1014,3.5839,0.4256,11.4535,17.907,20.562,26.0078,26.2403,49.2829,28.2752,29.3798,27.5775,22.4806,21.7636,26.3566,19.2054,19.6899,11.6473,5.7752,3.2364,15.4457,11.2791,10.9496],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":[null,null,null,null,null,null,null,null,null,null,null,null,null,8.7121,8.5834,8.2976,8.1829,8.2921,8.4814,8.1707,8.1368,8.6447,8.8038,8.397,8.7049,8.3661,7.9255,8.7615,8.7706,9.3457,9.0879,8.9197,8.9609,9.1773,9.5356,10.0443,10.4249,10.7534,11.9756,11.2687,10.464,10.2535,9.6864,9.2828,8.7914,11.2249,10.959,10.6888,10.6808,10.09,9.3541,9.6355,9.0973,9.6412,10.2348,10.6559,10.0366,10.3703,9.98],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,15.3923,14.6781,14.1406,14.8721,15.007,15.5463,15.0997,14.6759,14.3893,14.926,15.4314,15.8788,16.7828,18.6006,18.6442,20.7306,21.882,21.6312,21.9328,21.9877,22.7512,23.0665,22.8132,22.765,22.6751,23.7989,24.3095,24.0848,25.0759,29.9634,31.4957,31.7291,31.9109,31.9194,31.401,34.8212,34.6151,31.5822,30.85,29.5501,29.5356,29.4527,29.4091,28.4916,28.897,31.2016,33.9217,34.0811,34.5321,33.3153],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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/51fdd88f-943a-4c5d-9638-c8cee85e713b/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/51fdd88f-943a-4c5d-9638-c8cee85e713b/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/51fdd88f-943a-4c5d-9638-c8cee85e713b/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/51fdd88f-943a-4c5d-9638-c8cee85e713b/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/51fdd88f-943a-4c5d-9638-c8cee85e713b/technical-pack/data.json"},"source_fingerprint":"60706d698f63e0bcada117ad44bdc184eb9284da837f18232e47ec0bc0e365b8","content_hash":"3388b53c6dafc137e0c059b0cdbeb4b662caccc96eed901012b52a08b79833c2","citation":"Sharemaestro, KALPATARU Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/51fdd88f-943a-4c5d-9638-c8cee85e713b/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."}