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record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":4.4,"sample":16},{"week":2,"averageReturn":1.4,"sample":16},{"week":3,"averageReturn":-1.0,"sample":16},{"week":4,"averageReturn":-2.1,"sample":16},{"week":5,"averageReturn":-2.8,"sample":16},{"week":6,"averageReturn":-3.0,"sample":16},{"week":7,"averageReturn":-4.1,"sample":16},{"week":8,"averageReturn":-6.8,"sample":16},{"week":9,"averageReturn":-6.7,"sample":16},{"week":10,"averageReturn":-6.3,"sample":16},{"week":11,"averageReturn":-7.8,"sample":16},{"week":12,"averageReturn":-7.6,"sample":16},{"week":13,"averageReturn":-5.3,"sample":16},{"week":14,"averageReturn":-7.7,"sample":16},{"week":15,"averageReturn":-7.8,"sample":16},{"week":16,"averageReturn":-5.9,"sample":16},{"week":17,"averageReturn":-7.2,"sample":16},{"week":18,"averageReturn":-7.1,"sample":16},{"week":19,"averageReturn":-8.9,"sample":16},{"week":20,"averageReturn":-5.8,"sample":16},{"week":21,"averageReturn":-4.4,"sample":16},{"week":22,"averageReturn":-4.6,"sample":15},{"week":23,"averageReturn":-5.7,"sample":15},{"week":24,"averageReturn":-2.2,"sample":15},{"week":25,"averageReturn":-2.8,"sample":15},{"week":26,"averageReturn":-2.3,"sample":15}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":42.2,"averageExpectedMove":42.2,"averageWeeksToLargestMove":11.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-10.3,"medianReturn":-10.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-42.2,"medianReturn":-42.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-56.9,"medianReturn":-56.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-5.2,"sample":1},{"week":2,"averageReturn":-13.8,"sample":1},{"week":3,"averageReturn":-13.8,"sample":1},{"week":4,"averageReturn":-10.3,"sample":1},{"week":5,"averageReturn":-15.5,"sample":1},{"week":6,"averageReturn":-29.3,"sample":1},{"week":7,"averageReturn":-32.8,"sample":1},{"week":8,"averageReturn":-32.8,"sample":1},{"week":9,"averageReturn":-37.1,"sample":1},{"week":10,"averageReturn":-39.7,"sample":1},{"week":11,"averageReturn":-42.2,"sample":1},{"week":12,"averageReturn":-42.2,"sample":1},{"week":13,"averageReturn":-36.2,"sample":1},{"week":14,"averageReturn":-34.5,"sample":1},{"week":15,"averageReturn":-36.2,"sample":1},{"week":16,"averageReturn":-32.8,"sample":1},{"week":17,"averageReturn":-34.5,"sample":1},{"week":18,"averageReturn":-32.8,"sample":1},{"week":19,"averageReturn":-35.3,"sample":1},{"week":20,"averageReturn":-38.8,"sample":1},{"week":21,"averageReturn":-51.7,"sample":1},{"week":22,"averageReturn":-59.0,"sample":1},{"week":23,"averageReturn":-57.8,"sample":1},{"week":24,"averageReturn":-56.9,"sample":1},{"week":25,"averageReturn":-54.3,"sample":1},{"week":26,"averageReturn":-56.9,"sample":1}]},"currentApplication":{"status":"Downside evidence leads price","tone":"negative","headline":"Price is leading its underlying support","use":"Market Dynamics must catch up or price may correct toward the weaker underlying position.","confirm":"The downside remains supported. Further price weakness would confirm that price is catching up with the weaker underlying position.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":55.6,"averageReturn":2.6,"sample":18},"nowContext":{"label":"Slightly stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"priceContext":{"label":"Price 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."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 55.6% of comparable cases moved lower after 12 weeks, with an average move of 2.6% across 18 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use distribution to protect capital before considering the short case","tone":"negative","finding":"After distribution, 100.0% of completed 12-week outcomes were lower across 4 cases. Distinct visits lasted 1.2 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 14.7% across 18 completed cases, with the largest move arriving after 7.1 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2025-07-11","price":0.01475}],"distribution_rollovers":[],"price_pressure_gaps":[{"date":"2024-11-01","price":0.029}]}},"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":[0.0215,0.0195,0.0187,0.0182,0.0195,0.0203,0.02,0.02,0.0208,0.0275,0.029,0.0275,0.025,0.025,0.026,0.0245,0.0205,0.0195,0.0195,0.0182,0.0175,0.0168,0.0168,0.0185,0.019,0.0185,0.0195,0.019,0.0195,0.0187,0.0177,0.014,0.0119,0.0123,0.0125,0.0132,0.0125,0.0125,0.0123,0.0115,0.0105,0.0118,0.01,0.0103,0.0143,0.014,0.0147,0.0173,0.016,0.0185,0.0163,0.0181,0.016,0.0163,0.0187,0.015,0.0182,0.0168,0.016,0.019,0.0185,0.016,0.016,0.0147,0.0143,0.0135,0.0138,0.0155,0.015,0.0138,0.0145,0.0152,0.015,0.015,0.016,0.0177,0.0187,0.0195,0.0187,0.022,0.0195,0.0204,0.0172,0.018,0.0185,0.021,0.02,0.0192,0.0185,0.019,0.0185,0.0185,0.021,0.021,0.0184,0.018,0.017,0.0173,0.0165,0.016,0.0163,0.0143,0.015,0.0155],"consensus":[-19.7788,-49.8192,-37.0194,-33.7549,0.0,0.0,-10.7885,0.0,9.946,72.3385,59.6462,21.2174,0.0,0.0,20.1625,-21.4089,-57.5794,-40.3803,-29.4769,-51.9361,-44.6067,-44.5402,-37.9943,14.3889,0.0,-12.7739,20.8064,-13.9911,0.0,-13.2367,-37.1309,-67.7911,-71.1147,-23.9734,-34.4953,-17.5969,-31.2488,-24.8795,-21.8153,-40.123,-46.6687,0.0,-53.4307,-14.477,54.3352,14.2305,34.4161,61.0751,9.49,56.9695,-10.0762,49.8162,-15.1841,0.0,56.9251,-45.2325,51.3906,-14.3109,-15.1512,50.9675,0.0,-32.8359,0.0,-38.7069,-34.2036,-34.025,-20.681,19.3398,-8.7857,-30.0411,0.0,8.3328,0.0,0.0,27.8349,41.6258,38.75,33.8392,12.8189,64.3128,-10.3086,31.4622,-36.032,0.0,0.0,41.3362,8.2714,0.0,-13.027,0.0,-12.238,-15.0296,42.8508,19.0651,-23.046,-11.5698,-26.6279,-13.2681,-26.6342,-29.6601,-13.6404,-59.2723,0.0,-0.5142],"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":[-20.4259,0.0,51.5452,-39.6274,44.5294,-18.6342,-9.1046,41.353,0.0,-35.6119,0.0,-38.6622,-33.4461,-34.9192,-17.2961,20.1381,-12.514,-36.9091,0.0,10.955,0.0,0.0,25.6595,29.7696,29.9076,25.711,6.4433,59.5262,-12.8043,33.5797,-34.6344,0.0,0.0,47.7896,2.0889,0.0,-17.2675,0.0,-9.6595,-17.215,39.2084,17.1605,-31.311,-12.1221,-21.4337,-3.6029,-26.7891,-28.0608,-11.8582,-55.8324,0.0,-5.7836],"force":[-45.9402,0.0,80.2677,-88.2573,84.1267,-43.1419,-25.9187,80.0749,0.0,-59.1816,0.0,-43.6767,-29.2248,-24.8206,-6.1758,40.436,-13.2056,-38.4705,0.0,17.2192,0.0,0.0,41.4423,64.7626,43.7164,26.4722,11.9172,84.8938,-56.4574,29.3945,-67.7592,0.0,0.0,51.707,8.8478,0.0,-20.6834,0.0,-16.0742,-21.2837,64.851,10.0487,-29.004,-5.4752,-19.8415,-0.0146,-17.1811,-22.3095,-0.1234,-80.2725,0.0,-20.1474],"direction":[-12.7753,0.0,46.4001,-20.9065,35.8492,-11.2235,-14.3705,41.1644,0.0,-10.8451,0.0,-35.2081,-38.6256,-39.5777,-34.9103,3.3586,-1.3676,-16.171,0.0,1.0113,0.0,0.0,20.6013,38.6493,45.3081,48.3908,37.7739,55.0826,-25.5072,30.5191,-14.9669,0.0,0.0,26.5532,27.5651,0.0,-2.7119,0.0,-12.4449,-8.0646,31.2992,27.6821,-9.3448,-15.292,-37.4114,-33.7807,-33.2092,-36.7383,-25.3323,-48.2036,0.0,-22.4699],"intensity":[71.1538,23.0769,76.9231,88.4615,76.9231,69.2308,75.0,88.4615,40.3846,71.1538,73.0769,36.5385,9.6154,40.3846,23.0769,55.7692,9.6154,38.4615,21.1538,21.1538,13.4615,15.3846,38.4615,94.2308,40.3846,63.4615,57.6923,82.6923,75.0,25.0,78.8462,75.0,59.6154,75.0,53.8462,21.1538,17.3077,3.8462,5.7692,53.8462,76.9231,23.0769,78.8462,34.6154,36.5385,1.9231,15.3846,26.9231,3.8462,61.5385,36.5385,30.7692],"confirmation":[31.1084,23.9431,87.0094,83.8711,85.5472,30.4533,73.2687,85.3432,4.2535,79.2681,1.2496,80.5383,78.805,78.5939,51.5608,52.1528,48.2226,77.7654,24.5242,48.4464,24.6441,1.3505,77.355,82.206,80.6861,78.7279,5.9877,89.2803,32.7753,77.9726,80.5185,26.5395,24.0084,81.4453,4.1069,2.9185,49.6707,2.1531,72.0724,72.9668,82.4382,73.8551,75.4304,48.8415,76.3932,26.6558,76.2325,77.2916,49.3135,87.6596,7.026,13.1628],"persistence":[50.0,37.5,37.5,12.5,12.5,12.5,12.5,12.5,0.0,12.5,25.0,25.0,50.0,50.0,50.0,50.0,62.5,62.5,62.5,37.5,25.0,12.5,12.5,12.5,37.5,62.5,75.0,75.0,62.5,75.0,50.0,37.5,25.0,25.0,25.0,12.5,12.5,0.0,0.0,12.5,0.0,0.0,25.0,37.5,37.5,50.0,50.0,50.0,75.0,100.0,87.5,75.0],"assessmentRisk":[7.592,43.6441,14.4203,21.8469,11.7932,18.5602,35.1131,21.5557,2.5852,0.6278,0.5665,28.8618,31.3581,25.5464,30.285,8.9776,25.8789,24.1054,26.8794,13.2834,2.8885,40.1373,33.1779,28.6017,30.5986,33.0765,43.3903,17.7767,29.9301,13.1222,19.0619,49.8283,29.2952,3.8932,41.879,30.4347,6.5135,41.4466,29.1026,13.2034,24.3738,34.6322,8.3749,12.2132,36.4354,43.012,33.3052,32.6924,23.008,19.7008,40.7869,19.3473],"volumeParticipation":true,"latest":{"consensus":-0.5,"control":-5.8,"force":-20.1,"direction":-22.5,"confirmation":13.2,"persistence":75.0,"assessmentRisk":19.3,"intensity":30.8,"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":"Control support is limited","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-0.5","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-5.8","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-20.1","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-22.5","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"13/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"43.0","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"17.5%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"20.8","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"25%","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 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