{"schema_version":"1.0","name":"TEXU Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"5299f6c6-cdb8-4d14-9cb8-d93a068f101d","symbol":"TEXU","name":"DIREXION DAILY ENERGY TOP 5 BULL 2X ETF","exchange":"NYSEARCA","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","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, Activity pressure and cumulative balance, Range position and boundary pressure, Directional strength and control, Drawdown and recovery 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":"2026-08-21","observations":47,"displayedObservations":47,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","evidenceAlignment":{"status":"Material conflict","headline":"Upward price structure is not confirmed by Market Dynamics","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","take":"The divergence must narrow through either a recovery in Market Dynamics or weaker price. In this configuration, price reversal is the principal risk, so the upward alignment should be treated as vulnerable rather than confirmed.","tone":"negative","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"values":[0.437003,0.496976,0.428924,0.182491,0.040668,-0.064196,-0.315504,-0.394917,-0.552268,-0.754497,-0.806781,-0.867859,-0.87147,-0.870393,-0.717669,-0.575092,-0.554347,-0.328649,-0.242493],"opens":[40.25,37.776733,40.320353,40.697922,37.826413,42.108836,41.502739,37.919911,39.40624,36.167098,34.001047,33.53,32.02,34.78,35.6,38.15,37.49,38.71,41.65],"highs":[40.25,39.962657,42.605637,42.14858,41.962479,44.672328,42.44676,40.608597,40.320353,36.53483,34.63,33.53,34.59,35.7915,40.42,38.45,37.89,41.7,44.0],"lows":[35.01,37.189813,39.267135,36.733451,37.826413,41.154979,37.326433,37.919911,38.323214,33.265782,32.86,31.1683,31.48,34.74,35.595,36.4223,36.5224,38.71,41.65],"closes":[37.6541,39.627217,41.681587,36.733451,41.962479,42.226578,37.326433,38.827566,38.740328,33.416114,33.4984,31.72,33.9802,35.7915,39.535,38.3576,36.6618,41.5911,43.1436],"hoverRows":[[{"label":"Open","value":"40.2","className":"is-ohlc","compact":true},{"label":"High","value":"40.2","className":"is-ohlc","compact":true},{"label":"Low","value":"35.0","className":"is-ohlc","compact":true},{"label":"Close","value":"37.7","className":"is-ohlc","compact":true},{"label":"Market 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repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.1","className":"is-ohlc","compact":true},{"label":"High","value":"38.5","className":"is-ohlc","compact":true},{"label":"Low","value":"36.4","className":"is-ohlc","compact":true},{"label":"Close","value":"38.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.58","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"37.5","className":"is-ohlc","compact":true},{"label":"High","value":"37.9","className":"is-ohlc","compact":true},{"label":"Low","value":"36.5","className":"is-ohlc","compact":true},{"label":"Close","value":"36.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.55","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.7","className":"is-ohlc","compact":true},{"label":"High","value":"41.7","className":"is-ohlc","compact":true},{"label":"Low","value":"38.7","className":"is-ohlc","compact":true},{"label":"Close","value":"41.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.33","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"41.6","className":"is-ohlc","compact":true},{"label":"High","value":"44.0","className":"is-ohlc","compact":true},{"label":"Low","value":"41.6","className":"is-ohlc","compact":true},{"label":"Close","value":"43.1","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}]],"pressureRange":[-2.3,2.3],"priceRange":[31.034584,43.829016],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.242493,"state":"Price ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Unsupported elevation","detail":"Price is in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.","tone":"negative"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Price is in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.","annotations":[{"label":"Current tape relationship","value":"Unsupported elevation","detail":"Market Dynamics improved this week but remains below zero.","tone":"negative"},{"label":"Price location","value":"Distribution zone","detail":"Price is extended; support can persist, but rollover risk must be monitored.","tone":"caution"},{"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":"Not confirming","detail":"Market Dynamics has strengthened over four weeks, but it still lags the elevated price.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":19,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[24.7224,22.995,23.0634,22.8575,23.0124,23.0068,24.4879,23.0794,23.4418,24.5509,24.1314,22.5842,23.227,24.8294,25.2068,26.2742,27.4919,30.2427,31.6707,33.9125,34.252,35.8148,36.9575,38.6955,40.5097,45.94,41.4576,39.5816,37.6541,39.6272,41.6816,36.7335,41.9625,42.2266,37.3264,38.8276,38.7403,33.4161,33.4984,31.72,33.9802,35.7915,39.535,38.3576,36.6618,41.5911,43.1436],"consensus":[0.0,-100.0,-54.8735,-33.4706,-46.5446,-8.4661,49.3992,-40.251,10.6349,49.7899,-8.3551,-53.1015,0.0,49.9107,28.8735,61.652,69.4642,82.1342,80.8131,82.7057,50.392,74.6984,55.5995,78.9847,73.3153,89.4241,0.0,0.0,-21.4002,31.0573,40.9379,-42.6935,58.4916,23.47,-46.0565,11.7999,-14.3911,-65.0209,-34.3723,-54.558,0.0,22.7327,50.0686,19.5222,-13.8194,61.7639,-46.1116],"supportDates":["2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,null,null,null,null,-2.689,49.1989,-43.9716,8.9379,38.1345,-8.1837,-56.9396,0.0,58.4161,11.3171,49.6361,72.3186,83.5015,80.6563,81.7091,43.6325,68.9965,39.0011,77.3623,66.5971,91.5629,0.0,0.0,-13.2601,49.4905,51.165,-42.5811,65.1951,18.9942,-44.8726,9.8597,-9.7914,-68.541,-32.1681,-55.6171,0.0,29.6401,51.7336,19.4962,-27.4746,69.3491,-49.7394],"force":[0.0,-100.0,-54.8735,-33.4706,-0.5298,-12.8237,53.1854,-62.2662,30.451,71.3071,-22.5661,-58.6852,0.0,53.2792,25.7683,70.7543,73.3231,94.8343,90.526,91.4511,24.6735,80.2836,53.4615,85.9637,78.9776,97.9584,0.0,0.0,-68.6295,32.6643,31.8094,-72.2805,65.293,7.0476,-70.5107,17.3861,-17.9692,-71.212,-12.5157,-43.1622,0.0,41.698,63.5937,4.6228,-23.0811,69.1319,-34.6487],"direction":[null,null,null,null,-80.1692,-30.2755,46.9238,-20.2737,1.58,47.7408,-1.5997,-44.7267,0.0,37.7843,51.156,68.8829,63.4456,71.5,74.0545,77.5981,76.4876,77.2254,76.0964,75.8539,76.9487,80.8838,0.0,0.0,-3.0321,8.8429,35.77,-21.6883,45.9724,40.3155,-29.9423,10.027,-17.0921,-56.5758,-52.5031,-61.4874,0.0,1.292,38.5048,30.1942,-8.4022,47.8323,-50.1532],"intensity":[null,null,null,null,50.0,20.0,83.3333,71.4286,25.0,66.6667,40.0,90.9091,25.0,92.3077,92.8571,40.0,50.0,100.0,83.3333,94.7368,35.0,66.6667,90.9091,86.9565,100.0,100.0,96.1538,92.5926,85.7143,72.4138,80.0,96.7742,96.875,81.8182,91.1765,60.0,5.5556,97.2973,60.5263,56.4103,65.0,78.0488,88.0952,58.1395,43.1818,91.1111,73.913],"confirmation":[1.3061,54.6667,40.2262,33.3773,35.5785,4.8841,83.9262,81.4946,49.7033,84.7661,48.7839,85.1042,27.8723,83.9445,77.4124,88.1892,90.3026,94.6491,94.1586,94.7475,83.4447,92.1606,85.9796,93.5125,91.7358,96.8432,38.854,11.4673,54.3916,77.7064,80.6661,82.5653,86.8225,52.4114,83.5014,71.9758,72.7843,88.9417,78.3666,85.0951,33.4557,53.0805,84.4088,51.1267,28.9555,87.8734,44.64],"persistence":[null,null,66.6667,75.0,80.0,83.3333,57.1429,62.5,50.0,25.0,25.0,25.0,12.5,12.5,12.5,37.5,37.5,37.5,62.5,87.5,100.0,100.0,100.0,100.0,100.0,100.0,87.5,75.0,50.0,50.0,50.0,25.0,25.0,25.0,12.5,25.0,25.0,0.0,25.0,25.0,37.5,37.5,12.5,12.5,12.5,12.5,37.5],"assessmentRisk":[null,null,null,null,25.6145,5.0717,20.7733,31.1628,15.9383,21.0389,14.0216,3.4054,11.7027,11.9119,26.8249,19.1329,15.2528,8.9243,9.5919,8.6468,24.8037,12.6477,22.195,10.4997,13.3424,5.2879,48.233,19.6246,31.0417,65.0246,15.7278,17.0159,15.0938,22.7802,19.9221,21.5966,30.0229,16.7562,24.6519,21.8404,45.1373,20.7824,22.6192,38.6964,43.0655,17.3357,19.1368],"volumeParticipation":true,"latest":{"consensus":-46.1,"control":-49.7,"force":-34.6,"direction":-50.2,"confirmation":44.6,"persistence":37.5,"assessmentRisk":19.1,"intensity":73.9,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the Market Dynamics view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the downward Market Dynamics view stronger support.","take":"Current assessment: the visible price structure remains vulnerable until Market Dynamics changes.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-46.1","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-49.7","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-34.6","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-50.2","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"45/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"59.7","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"7.6%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"29.9","detail":"Directional","tone":"positive"},{"label":"Range position","value":"75%","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 upward.","series":[{"label":"Close","values":[24.7224,22.995,23.0634,22.8575,23.0124,23.0068,24.4879,23.0794,23.4418,24.5509,24.1314,22.5842,23.227,24.8294,25.2068,26.2742,27.4919,30.2427,31.6707,33.9125,34.252,35.8148,36.9575,38.6955,40.5097,45.94,41.4576,39.5816,37.6541,39.6272,41.6816,36.7335,41.9625,42.2266,37.3264,38.8276,38.7403,33.4161,33.4984,31.72,33.9802,35.7915,39.535,38.3576,36.6618,41.5911,43.1436],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,23.7601,23.6231,23.7804,23.6529,23.6145,23.7848,23.8478,23.6181,23.547,23.7801,24.0395,24.4458,24.9997,25.953,26.9925,28.2507,29.3419,30.5188,31.6895,32.9633,34.3354,36.4453,37.3566,37.7612,37.7417,38.0845,38.7385,38.374,39.0264,39.6083,39.1934,39.1269,39.0566,38.0311,37.2069,36.2093,35.804,35.8017,36.4805,36.8218,36.7927,37.6651,38.6612],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,23.9304,23.997,24.0866,24.2486,24.4889,24.9151,25.4155,26.0449,26.6528,27.3315,28.0445,28.8335,29.6984,30.9015,31.6834,32.2685,32.6674,33.183,33.8125,34.0289,34.6165,35.1802,35.3392,35.5976,35.8304,35.6516,35.4921,35.2127,35.1214,35.171,35.4943,35.7064,35.7771,36.2078,36.7216],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,24.9486,24.982,24.9472,24.8769,25.0923,25.3612,25.8982,26.6891,28.2182,29.7177,31.4821,33.0817,34.8143,36.5333,38.3788,40.3524,43.3884,44.8944,45.767,46.2062,46.8434,47.5845,47.3121,47.502,47.6433,47.0108,46.3624,45.5878,45.1715,44.9441,45.1998,45.2194,45.22,45.3388,45.321,45.1002,44.1267,44.4408],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,22.0949,22.1723,22.0417,22.0708,22.049,21.9983,21.7857,21.4242,20.5824,19.8482,18.9968,18.3501,17.8995,17.5699,17.3082,17.0844,16.3416,16.5326,17.3102,18.2923,19.1627,20.1766,21.8639,23.5476,25.146,26.9905,28.8942,30.7937,31.5273,31.9374,31.4625,31.4157,31.4128,31.5518,31.5357,31.3717,31.9104,31.7649],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,118.2008,104.3483,144.0333,56.3527,65.1178,40.0146,29.4066,401.2346,140.9538,109.775,209.6727,210.7681,226.1442,129.091,544.3918,612.8371,232.6015,171.2338,186.2332,177.2346,133.275,147.0306,50.9222,26.169,47.0066,27.9901,78.6563,41.7551,10.1019,25.7683,46.1872,44.0396,28.8158,83.9617,26.4445,41.6792,57.399,30.8981,47.5034,36.9793],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,85.0333,115.8165,135.0,125.3096,114.4562,120.8081,125.2356,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,131.3924,128.529,125.1621,126.3383,126.9469,125.8352,126.5039,128.4543,127.4463,127.6871,127.0733,125.9786,127.0136,126.3506,128.3237,128.8776,129.5766,128.6976,128.2638,128.8611,129.2668],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"range","eyebrow":"Acceptance 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high","values":[null,null,null,null,null,null,null,-8.5141,-7.0777,-2.6813,-4.3442,-10.4772,-7.9292,-1.5772,-5.0755,-3.448,-0.1802,-0.5735,-0.6327,-1.3295,-3.2323,-1.8976,-4.9323,-0.4615,-2.1666,-0.5628,-12.1289,-16.1051,-20.1905,-16.0084,-11.6541,-22.1419,-11.0588,-10.499,-20.8851,-17.7033,-17.8882,-29.1731,-28.9987,-32.7681,-27.9775,-24.1384,-16.2039,-18.6994,-22.2938,-11.8459,-8.5553],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,3.6607,5.2883,10.2698,8.3856,1.4364,4.3235,11.5208,13.2159,18.0099,23.4791,35.8345,42.2483,52.3173,53.8422,60.8613,65.9939,73.8001,81.9484,106.3384,86.2058,77.7798,69.1225,77.9847,87.2118,64.895,88.3679,89.5534,67.5569,74.2954,73.9038,50.0036,43.0048,33.5937,37.5131,37.4305,44.964,32.4646,17.6253,33.4404,38.4214],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,53.3641,54.469,53.7905,53.1604,53.0909,51.73,50.4662,49.8999,47.7051,45.6671,43.7746,41.0905,38.7191,37.0107,35.0292,32.7557,31.5679,30.4649,29.4407,29.4569,29.9492],"stroke":"#10243b","width":2.0},{"label":"Positive 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tape.","series":[{"label":"Drawdown","values":[0.0,-6.9872,-6.7105,-7.5435,-6.9167,-6.9395,-0.9483,-6.6456,-5.1798,-0.6936,-2.3905,-8.6488,-6.0487,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-9.7571,-13.8407,-18.0364,-13.7414,-9.2695,-20.0404,-8.6581,-8.0832,-18.7496,-15.482,-15.6719,-27.2614,-27.0823,-30.9534,-26.0335,-22.0908,-13.9421,-16.505,-20.1963,-9.4665,-6.0871],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.9711,2.5565,7.4087,5.5734,0.0,2.8462,9.9417,11.6127,16.3389,21.7306,33.911,40.2341,50.1604,51.6637,58.5835,63.6434,71.339,79.3719,103.4166,83.5691,75.2624,66.7276,75.4644,84.5609,62.6511,85.8046,86.974,65.2768,71.9236,71.5373,43.8676,34.914,25.8389,29.3292,30.1893,30.7256,21.1137,15.5794,31.1195,36.0139],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior 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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,4.9674,5.3401,5.4374,5.2146,5.1445,5.2192,5.1223,5.2892,5.2726,5.496,5.5973,5.4862,5.4203,6.8264,7.5939,8.4065,7.9171,7.5614,9.0201,8.2221,8.1821,9.5749,9.151,8.8847,10.7348,10.321,10.6529,9.8878,9.0783,8.5034,8.718,8.8273,8.0906,7.6412],"stroke":"#c13f3f","width":1.9},{"label":"Envelope 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TEXU Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/5299f6c6-cdb8-4d14-9cb8-d93a068f101d/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."}