{"schema_version":"1.0","name":"STE-A Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"53bcc166-d140-49dd-a99b-50af7d3dbc91","symbol":"STE-A","name":"Stora Enso Oyj","exchange":"STO","country":"SE","asset_type":"equity","currency":"SEK","sector":"Consumer Cyclical","industry":"Packaging & Containers"},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Strength versus the research benchmark, Drawdown and recovery pressure, Range pressure and compression, Range position and boundary pressure, Activity pressure and cumulative balance."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","evidenceAlignment":{"status":"Underlying strength ahead of price","headline":"Market Dynamics is improving before price has fully responded","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","take":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[-1.007924,-0.928043,-0.964103,-1.058379,-1.09598,-1.009311,-0.648593,-0.211263,-0.05834,-0.006541,-0.106398,-0.220582,-0.234081,-0.454289,-0.652089,-0.765432,-0.895966,-0.834248,-0.79477,-0.834617,-0.671798,-0.446192,0.003156,0.428197,0.730956,1.016066,1.11491,1.125279,1.082466,0.705953,0.217313,-0.243244,-0.628706,-0.750375,-0.884301,-0.955349,-0.994369,-1.012249,-0.817644,-0.533416,-0.265381,-0.021027,0.087711,0.356576,0.687182,0.962708,1.235437,1.099101,1.087276,0.901732,0.871474,0.893035,0.874074,0.901806,0.704351,0.481749,0.143833,-0.124528,-0.263191,-0.326818,-0.503577,-0.349396,-0.279103,-0.161342,0.142886,0.157028,0.186194,0.373109,0.346195,0.433338,0.481645,0.488335,0.587425,0.648779,0.583232,0.146725,0.026678,0.173231,0.493027,1.102093,1.216768,0.788771,0.252725,-0.381623,-0.773212,-0.871172,-0.771599,-0.689076,-0.758215,-0.815341,-1.039657,-1.166493,-1.066418,-1.112951,-1.069581,-0.933563,-1.035279,-0.91515,-0.807519,-0.58597,-0.22521,0.169991,0.571427,0.636125],"opens":[126.93745,130.421999,129.924206,124.94628,123.452898,122.955114,127.435253,137.391116,135.399938,122.955107,121.461726,117.977168,115.985991,112.501435,107.0257,104.536727,111.505839,110.609015,107.619588,109.612541,112.601968,111.605502,113.59845,117.584358,121.072029,117.584363,120.573787,118.580832,113.598451,110.609024,107.121349,102.762051,99.569439,87.597173,99.768986,90.789771,92.186537,96.1773,99.76898,102.762056,103.759743,102.762056,98.771291,95.778221,112.240103,109.247029,107.750494,109.247032,109.745883,114.734326,104.757431,115.233171,113.237793,117.7274,112.73895,108.748189,103.759735,105.25627,104.372444,105.371224,101.376106,99.078911,109.86573,113.361458,112.862068,112.862068,109.86573,111.863289,113.361458,109.86573,112.362679,110.864509,116.857185,115.359016,110.864509,110.864509,104.871834,115.858406,123.848641,122.350472,123.349251,114.360237,111.863289,103.873054,107.0,110.5,112.5,112.5,104.5,103.0,105.5,103.0,106.0,108.5,104.5,106.0,104.0,101.5,105.5,104.0,107.0,104.5,112.0,106.0],"highs":[131.417587,131.915381,132.413175,126.439657,132.911004,129.426432,137.391144,138.386703,135.399938,123.452903,123.452901,121.461724,126.439657,112.501435,109.51467,111.505836,114.492602,112.601974,110.11078,112.601974,113.598446,113.59845,119.079071,121.570274,121.072029,122.566743,125.556175,121.570274,116.587883,111.107263,110.110782,102.762051,99.569439,109.745882,99.768986,94.78053,98.372219,100.267827,108.748184,105.256276,104.757429,102.762056,103.759737,114.734326,112.240103,111.741254,112.240103,113.237793,112.738953,114.734326,115.732014,115.233171,118.226247,119.72278,113.237794,111.242413,109.745882,111.242409,109.366341,105.371224,102.874275,110.36512,113.860847,113.860848,119.354134,114.360237,114.859627,116.857185,113.860847,112.862068,112.362679,116.857185,117.855965,116.857185,113.860847,112.862068,115.858406,126.345589,124.34803,123.84864,123.349251,117.356575,111.863289,110.0,112.0,113.0,113.0,113.5,105.5,108.5,105.5,107.0,113.5,109.0,105.0,110.0,104.0,105.0,105.5,109.0,110.5,112.5,112.0,109.0],"lows":[126.93745,128.928618,124.946281,119.968336,122.955109,121.461729,127.435253,134.404351,121.959521,117.977165,117.479371,115.488197,110.012459,107.025703,101.549973,104.536727,110.609024,103.135428,105.626631,109.612535,107.619581,109.114308,112.601971,117.584357,116.089642,109.612538,118.580841,113.598449,111.107254,105.128394,102.762054,96.775911,90.989303,85.601793,90.59024,90.789771,92.186537,91.78746,99.76898,101.26552,103.260895,100.267825,96.376839,95.778221,103.260895,105.755115,104.757425,108.748187,102.76205,104.258586,104.258586,111.74126,110.743568,111.741263,108.249344,103.759743,103.759735,103.873054,103.873054,98.879158,94.284774,97.680626,107.368782,109.86573,112.362678,106.370002,109.36634,109.86573,109.86573,109.86573,109.86573,110.864509,111.863289,112.862068,106.869392,104.871834,103.873054,114.859627,120.852302,120.852302,113.361458,110.86451,104.372444,101.875496,107.0,108.5,110.5,104.5,101.0,102.0,103.0,102.5,106.0,108.0,104.5,104.0,100.5,101.5,104.0,102.0,100.0,104.5,105.0,105.0],"closes":[130.422012,129.92424,124.946281,125.444069,122.955109,126.937462,137.391144,134.902145,122.955109,122.457314,117.977165,115.488197,112.501427,107.025703,101.549973,111.505836,110.609024,107.121338,109.612541,112.601974,112.601974,113.59845,119.079071,121.570274,117.584358,122.068504,118.580841,114.096687,113.59845,108.616066,102.762054,100.267822,93.782837,99.768982,90.59024,92.186539,96.177299,99.768982,102.762054,103.260895,103.260895,100.76667,96.376839,111.741257,110.24472,108.249344,110.24472,109.74588,112.738953,104.757431,115.23317,113.237793,117.727402,112.738953,108.748192,103.759743,106.25396,104.372444,105.371223,98.879158,99.278671,110.36512,113.860847,112.862068,112.862068,110.36512,112.862068,113.860847,110.36512,112.862068,110.86451,116.857185,115.359016,113.860847,110.36512,104.871834,115.858406,123.84864,121.851082,123.349251,114.859627,111.863289,106.370003,107.0,111.0,113.0,112.5,104.5,102.0,105.5,103.0,106.0,108.0,108.0,104.5,104.5,100.5,104.5,104.0,109.0,104.5,111.0,106.0,106.5],"pressureRange":[-1.408398,1.408398],"priceRange":[90.59024,158.796265],"zones":{"accumulationBoundary":0.06,"distributionBoundary":0.94},"latest":0.636125,"state":"Positive Market Dynamics ahead of price","context":{"scenario":"dynamicsAhead","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"diagnosis":{"label":"Underlying strength ahead of price","detail":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","annotations":[{"label":"Current tape relationship","value":"Underlying strength ahead of price","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Leading price","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.27,"forwardCorrelation":-0.17,"directionalAgreement":44.2,"sample":249,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.5,"medianWeeksInZone":1.5,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":8.0,"averageReturn":8.0,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":19.6,"averageReturn":19.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":11.0,"averageReturn":11.0,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":4.1,"sample":2},{"week":2,"averageReturn":1.4,"sample":2},{"week":3,"averageReturn":4.2,"sample":2},{"week":4,"averageReturn":8.0,"sample":2},{"week":5,"averageReturn":10.2,"sample":2},{"week":6,"averageReturn":11.8,"sample":2},{"week":7,"averageReturn":10.7,"sample":2},{"week":8,"averageReturn":8.2,"sample":2},{"week":9,"averageReturn":15.4,"sample":2},{"week":10,"averageReturn":12.2,"sample":2},{"week":11,"averageReturn":19.3,"sample":2},{"week":12,"averageReturn":19.6,"sample":2},{"week":13,"averageReturn":18.3,"sample":2},{"week":14,"averageReturn":21.0,"sample":2},{"week":15,"averageReturn":16.3,"sample":2},{"week":16,"averageReturn":23.7,"sample":2},{"week":17,"averageReturn":18.4,"sample":2},{"week":18,"averageReturn":26.4,"sample":2},{"week":19,"averageReturn":22.6,"sample":2},{"week":20,"averageReturn":22.8,"sample":2},{"week":21,"averageReturn":17.4,"sample":2},{"week":22,"averageReturn":16.6,"sample":2},{"week":23,"averageReturn":12.9,"sample":2},{"week":24,"averageReturn":14.8,"sample":2},{"week":25,"averageReturn":10.2,"sample":2},{"week":26,"averageReturn":11.0,"sample":2}]},"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":-12.2,"averageReturn":-12.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-21.3,"averageReturn":-21.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-29.2,"averageReturn":-29.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-3.8,"sample":1},{"week":2,"averageReturn":-5.0,"sample":1},{"week":3,"averageReturn":-9.4,"sample":1},{"week":4,"averageReturn":-12.2,"sample":1},{"week":5,"averageReturn":-11.9,"sample":1},{"week":6,"averageReturn":-9.4,"sample":1},{"week":7,"averageReturn":-11.0,"sample":1},{"week":8,"averageReturn":-11.0,"sample":1},{"week":9,"averageReturn":-10.0,"sample":1},{"week":10,"averageReturn":-16.0,"sample":1},{"week":11,"averageReturn":-21.3,"sample":1},{"week":12,"averageReturn":-21.3,"sample":1},{"week":13,"averageReturn":-19.7,"sample":1},{"week":14,"averageReturn":-17.9,"sample":1},{"week":15,"averageReturn":-18.2,"sample":1},{"week":16,"averageReturn":-21.3,"sample":1},{"week":17,"averageReturn":-21.0,"sample":1},{"week":18,"averageReturn":-22.6,"sample":1},{"week":19,"averageReturn":-20.1,"sample":1},{"week":20,"averageReturn":-13.5,"sample":1},{"week":21,"averageReturn":-15.0,"sample":1},{"week":22,"averageReturn":-22.6,"sample":1},{"week":23,"averageReturn":-22.9,"sample":1},{"week":24,"averageReturn":-25.7,"sample":1},{"week":25,"averageReturn":-27.3,"sample":1},{"week":26,"averageReturn":-29.2,"sample":1}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":20,"completedEpisodes":19,"activeEpisodes":1,"medianExpectedMove":5.3,"averageExpectedMove":6.1,"averageWeeksToLargestMove":4.9,"horizons":[{"weeks":4,"sample":19,"expectedCount":7,"expectedPercent":36.8,"averageReturn":-1.0,"medianReturn":-0.4,"confidenceLow":19.1,"confidenceHigh":59.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":19,"expectedCount":4,"expectedPercent":21.1,"averageReturn":-5.2,"medianReturn":-4.8,"confidenceLow":8.5,"confidenceHigh":43.3,"confidence":"Historically adverse"},{"weeks":26,"sample":19,"expectedCount":5,"expectedPercent":26.3,"averageReturn":-6.3,"medianReturn":-7.9,"confidenceLow":11.8,"confidenceHigh":48.8,"confidence":"Historically adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.3,"sample":20},{"week":2,"averageReturn":0.3,"sample":20},{"week":3,"averageReturn":0.6,"sample":19},{"week":4,"averageReturn":-1.0,"sample":19},{"week":5,"averageReturn":-0.5,"sample":19},{"week":6,"averageReturn":-2.4,"sample":19},{"week":7,"averageReturn":-0.6,"sample":19},{"week":8,"averageReturn":-1.1,"sample":19},{"week":9,"averageReturn":-1.6,"sample":19},{"week":10,"averageReturn":-2.6,"sample":19},{"week":11,"averageReturn":-4.3,"sample":19},{"week":12,"averageReturn":-5.2,"sample":19},{"week":13,"averageReturn":-4.0,"sample":19},{"week":14,"averageReturn":-4.6,"sample":19},{"week":15,"averageReturn":-3.6,"sample":19},{"week":16,"averageReturn":-4.2,"sample":19},{"week":17,"averageReturn":-5.4,"sample":19},{"week":18,"averageReturn":-5.3,"sample":19},{"week":19,"averageReturn":-5.9,"sample":19},{"week":20,"averageReturn":-5.9,"sample":19},{"week":21,"averageReturn":-4.1,"sample":19},{"week":22,"averageReturn":-5.3,"sample":19},{"week":23,"averageReturn":-6.7,"sample":19},{"week":24,"averageReturn":-7.0,"sample":19},{"week":25,"averageReturn":-7.3,"sample":19},{"week":26,"averageReturn":-6.3,"sample":19}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":20,"completedEpisodes":19,"activeEpisodes":1,"medianExpectedMove":7.8,"averageExpectedMove":8.3,"averageWeeksToLargestMove":5.8,"horizons":[{"weeks":4,"sample":20,"expectedCount":11,"expectedPercent":55.0,"averageReturn":-1.9,"medianReturn":-0.4,"confidenceLow":34.2,"confidenceHigh":74.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":19,"expectedCount":8,"expectedPercent":42.1,"averageReturn":1.7,"medianReturn":1.1,"confidenceLow":23.1,"confidenceHigh":63.7,"confidence":"Mixed historical record"},{"weeks":26,"sample":17,"expectedCount":7,"expectedPercent":41.2,"averageReturn":0.1,"medianReturn":1.5,"confidenceLow":21.6,"confidenceHigh":64.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.6,"sample":20},{"week":2,"averageReturn":-0.2,"sample":20},{"week":3,"averageReturn":-1.4,"sample":20},{"week":4,"averageReturn":-1.9,"sample":20},{"week":5,"averageReturn":-2.5,"sample":20},{"week":6,"averageReturn":-1.3,"sample":20},{"week":7,"averageReturn":-1.2,"sample":20},{"week":8,"averageReturn":-1.1,"sample":20},{"week":9,"averageReturn":-1.1,"sample":19},{"week":10,"averageReturn":-0.1,"sample":19},{"week":11,"averageReturn":-0.5,"sample":19},{"week":12,"averageReturn":1.7,"sample":19},{"week":13,"averageReturn":1.0,"sample":19},{"week":14,"averageReturn":2.2,"sample":19},{"week":15,"averageReturn":0.8,"sample":19},{"week":16,"averageReturn":0.7,"sample":19},{"week":17,"averageReturn":0.2,"sample":18},{"week":18,"averageReturn":-0.1,"sample":18},{"week":19,"averageReturn":2.4,"sample":18},{"week":20,"averageReturn":2.9,"sample":18},{"week":21,"averageReturn":2.1,"sample":17},{"week":22,"averageReturn":1.8,"sample":17},{"week":23,"averageReturn":1.4,"sample":17},{"week":24,"averageReturn":1.5,"sample":17},{"week":25,"averageReturn":0.8,"sample":17},{"week":26,"averageReturn":0.1,"sample":17}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":20,"completedEpisodes":19,"activeEpisodes":1,"medianExpectedMove":6.3,"averageExpectedMove":7.7,"averageWeeksToLargestMove":6.9,"horizons":[{"weeks":4,"sample":20,"expectedCount":11,"expectedPercent":55.0,"averageReturn":-0.8,"medianReturn":-0.9,"confidenceLow":34.2,"confidenceHigh":74.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":19,"expectedCount":9,"expectedPercent":47.4,"averageReturn":0.6,"medianReturn":0.5,"confidenceLow":27.3,"confidenceHigh":68.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":17,"expectedCount":12,"expectedPercent":70.6,"averageReturn":-0.7,"medianReturn":-1.7,"confidenceLow":46.9,"confidenceHigh":86.7,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.4,"sample":20},{"week":2,"averageReturn":-0.9,"sample":20},{"week":3,"averageReturn":-0.6,"sample":20},{"week":4,"averageReturn":-0.8,"sample":20},{"week":5,"averageReturn":-0.7,"sample":19},{"week":6,"averageReturn":-0.6,"sample":19},{"week":7,"averageReturn":-0.7,"sample":19},{"week":8,"averageReturn":-1.0,"sample":19},{"week":9,"averageReturn":-0.6,"sample":19},{"week":10,"averageReturn":-0.6,"sample":19},{"week":11,"averageReturn":0.1,"sample":19},{"week":12,"averageReturn":0.6,"sample":19},{"week":13,"averageReturn":-0.3,"sample":18},{"week":14,"averageReturn":-0.7,"sample":18},{"week":15,"averageReturn":0.2,"sample":18},{"week":16,"averageReturn":1.3,"sample":18},{"week":17,"averageReturn":1.3,"sample":18},{"week":18,"averageReturn":0.4,"sample":18},{"week":19,"averageReturn":0.0,"sample":17},{"week":20,"averageReturn":0.6,"sample":17},{"week":21,"averageReturn":0.6,"sample":17},{"week":22,"averageReturn":1.2,"sample":17},{"week":23,"averageReturn":-0.4,"sample":17},{"week":24,"averageReturn":-0.5,"sample":17},{"week":25,"averageReturn":-0.2,"sample":17},{"week":26,"averageReturn":-0.7,"sample":17}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":23,"completedEpisodes":22,"activeEpisodes":1,"medianExpectedMove":6.7,"averageExpectedMove":8.3,"averageWeeksToLargestMove":6.2,"horizons":[{"weeks":4,"sample":22,"expectedCount":12,"expectedPercent":54.5,"averageReturn":2.6,"medianReturn":2.4,"confidenceLow":34.7,"confidenceHigh":73.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":22,"expectedCount":10,"expectedPercent":45.5,"averageReturn":0.0,"medianReturn":-1.0,"confidenceLow":26.9,"confidenceHigh":65.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":21,"expectedCount":9,"expectedPercent":42.9,"averageReturn":-1.9,"medianReturn":-0.7,"confidenceLow":24.5,"confidenceHigh":63.5,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.0,"sample":22},{"week":2,"averageReturn":0.9,"sample":22},{"week":3,"averageReturn":2.9,"sample":22},{"week":4,"averageReturn":2.6,"sample":22},{"week":5,"averageReturn":1.0,"sample":22},{"week":6,"averageReturn":0.2,"sample":22},{"week":7,"averageReturn":-0.2,"sample":22},{"week":8,"averageReturn":-1.3,"sample":22},{"week":9,"averageReturn":-0.5,"sample":22},{"week":10,"averageReturn":-1.1,"sample":22},{"week":11,"averageReturn":-0.2,"sample":22},{"week":12,"averageReturn":0.0,"sample":22},{"week":13,"averageReturn":-1.5,"sample":22},{"week":14,"averageReturn":-2.0,"sample":22},{"week":15,"averageReturn":-2.0,"sample":22},{"week":16,"averageReturn":-2.8,"sample":22},{"week":17,"averageReturn":-1.4,"sample":22},{"week":18,"averageReturn":-2.6,"sample":22},{"week":19,"averageReturn":-2.5,"sample":22},{"week":20,"averageReturn":-2.5,"sample":22},{"week":21,"averageReturn":-3.7,"sample":22},{"week":22,"averageReturn":-2.5,"sample":22},{"week":23,"averageReturn":-2.9,"sample":22},{"week":24,"averageReturn":-1.4,"sample":21},{"week":25,"averageReturn":-0.7,"sample":21},{"week":26,"averageReturn":-1.9,"sample":21}]}},"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":"Underlying strength ahead of price","tone":"caution","headline":"Underlying strength is leading price","use":"A positive price response is needed before the early upside case is confirmed.","confirm":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":45.5,"averageReturn":0.0,"sample":22},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 45.5% of comparable cases moved higher after 12 weeks, with an average move of 0.0% across 22 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 2 cases. Distinct visits lasted 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 improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 8.3% across 22 completed cases, with the largest move arriving after 6.2 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[],"price_pressure_gaps":[]}},"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":[130.422,129.9242,124.9463,125.4441,122.9551,126.9375,137.3911,134.9021,122.9551,122.4573,117.9772,115.4882,112.5014,107.0257,101.55,111.5058,110.609,107.1213,109.6125,112.602,112.602,113.5984,119.0791,121.5703,117.5844,122.0685,118.5808,114.0967,113.5984,108.6161,102.7621,100.2678,93.7828,99.769,90.5902,92.1865,96.1773,99.769,102.7621,103.2609,103.2609,100.7667,96.3768,111.7413,110.2447,108.2493,110.2447,109.7459,112.739,104.7574,115.2332,113.2378,117.7274,112.739,108.7482,103.7597,106.254,104.3724,105.3712,98.8792,99.2787,110.3651,113.8608,112.8621,112.8621,110.3651,112.8621,113.8608,110.3651,112.8621,110.8645,116.8572,115.359,113.8608,110.3651,104.8718,115.8584,123.8486,121.8511,123.3493,114.8596,111.8633,106.37,107.0,111.0,113.0,112.5,104.5,102.0,105.5,103.0,106.0,108.0,108.0,104.5,104.5,100.5,104.5,104.0,109.0,104.5,111.0,106.0,106.5],"consensus":[0.0,-16.9882,-48.6069,-14.5401,-43.7623,0.0,57.8195,0.0,-50.3753,-19.807,-58.9548,-58.1689,-48.0117,-67.3657,-70.059,15.4691,-33.4178,-35.4996,0.0,15.7001,0.0,21.1657,51.0639,49.9478,0.0,48.01,-19.5517,-40.5042,-14.3419,-38.0989,-58.0749,-40.8573,-64.6734,0.0,-66.7483,-29.7228,0.0,11.0336,17.9794,14.4633,0.0,-18.7608,-42.9756,58.9267,20.5054,9.8909,36.471,0.0,40.0271,-37.4768,54.7805,10.8774,50.3301,0.0,-29.0463,-46.0553,0.0,-32.0621,-11.1494,-59.011,-24.0469,52.8176,45.7454,25.503,14.7315,0.0,21.9462,19.857,-21.582,32.4129,-10.2172,49.7741,12.4129,0.0,-16.1385,-54.9673,47.278,64.364,16.4409,45.726,-37.1486,-36.4781,-53.64,-19.483,0.0,19.2691,9.4125,-59.8705,-50.2271,-8.0438,-48.9962,9.537,13.0019,-8.9136,-31.5089,-21.3388,-53.7376,8.3105,-23.5445,43.6832,-23.0901,51.5571,-29.1287,2.9761],"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":[52.2996,0.0,-32.0137,-48.3949,0.0,-28.8461,-10.1583,-62.508,-19.1116,49.0765,49.7681,22.1574,2.6494,0.0,28.0062,20.8764,-24.8363,38.9655,-11.3424,57.5111,7.4122,0.0,-18.5531,-55.203,50.7217,60.3625,7.4696,46.0509,-37.3736,-33.4312,-52.9863,-8.9571,0.0,25.0941,7.2218,-60.4601,-50.4815,-1.0046,-54.9682,13.0382,5.8371,-21.2515,-49.6747,-23.2866,-62.2174,22.0716,-33.6185,45.8299,-24.9538,49.0355,-33.2876,0.5115],"force":[55.6016,0.0,-42.5165,-55.3299,0.0,-36.2802,-0.1164,-77.2301,-6.6792,92.4693,45.5334,9.3863,0.0179,0.0,22.5868,15.555,-41.2553,38.6457,-18.4355,57.9809,7.0227,0.0,-21.3299,-65.9896,79.7416,86.8094,15.8942,34.8073,-82.0285,-44.8323,-59.3621,-2.9166,0.0,34.0757,10.0643,-87.6176,-44.4487,-23.4318,-39.076,33.9663,27.5641,-8.5356,-25.7654,-16.0169,-47.4795,30.1445,-19.496,58.3044,-57.6601,71.6632,-70.1122,1.4754],"direction":[44.3139,0.0,-16.0333,-36.7568,0.0,-32.7246,-20.3291,-42.0008,-42.0927,28.7705,41.2995,40.8384,39.0749,0.0,14.5628,21.7649,-3.8106,20.4723,-3.0611,35.0697,32.0105,0.0,-9.6708,-46.8248,20.154,52.9048,49.7904,53.1539,-4.8345,-33.9929,-50.2999,-47.5123,0.0,2.0359,11.4506,-39.3774,-54.0637,-40.8674,-49.2569,11.9139,10.7887,-4.9169,-14.8506,-22.9141,-48.5166,23.0121,-14.9232,30.7861,-3.7326,40.0772,-4.8983,6.8647],"intensity":[36.5385,44.2308,67.3077,44.2308,13.4615,3.8462,3.8462,71.1538,40.3846,96.1538,86.5385,19.2308,55.7692,63.4615,23.0769,13.4615,28.8462,21.1538,15.3846,67.3077,3.8462,1.9231,67.3077,57.6923,96.1538,96.1538,63.4615,3.8462,84.6154,65.3846,73.0769,26.9231,53.8462,19.2308,21.1538,84.6154,84.6154,40.3846,36.5385,38.4615,76.9231,46.1538,42.3077,53.8462,73.0769,42.3077,26.9231,53.8462,46.1538,82.6923,57.6923,34.6154],"confirmation":[84.2363,31.8944,77.6601,82.9847,4.2771,78.4374,48.5977,87.3855,52.5742,86.1671,82.5708,75.7208,27.1192,4.408,74.95,74.2076,52.7896,78.4622,48.8362,84.0599,27.6209,4.4986,73.2857,85.9218,84.0658,89.3415,7.8031,82.2946,58.5852,79.974,85.3492,51.6678,30.3659,51.8619,48.3986,87.9952,83.8927,6.9657,83.2854,28.9513,50.0469,49.0351,77.631,74.6365,84.8761,30.691,75.2574,82.3915,54.5436,85.1494,56.8851,0.9442],"persistence":[62.5,50.0,25.0,12.5,0.0,0.0,25.0,50.0,75.0,62.5,37.5,12.5,0.0,12.5,37.5,62.5,62.5,62.5,37.5,37.5,37.5,37.5,12.5,12.5,12.5,12.5,37.5,37.5,12.5,0.0,0.0,0.0,12.5,12.5,12.5,37.5,37.5,37.5,37.5,12.5,0.0,25.0,50.0,50.0,50.0,25.0,25.0,25.0,50.0,25.0,25.0,12.5],"assessmentRisk":[9.0293,46.0092,24.3151,22.2882,45.4961,31.1978,25.2469,8.3791,32.3812,12.3157,22.9577,37.0112,42.3628,3.0615,22.3345,1.8365,16.7311,11.3151,17.7819,5.2424,36.9835,14.3357,0.7622,22.4864,17.8384,16.3416,41.0078,27.0978,9.2972,30.6899,22.8416,40.0151,35.0492,0.9074,36.2969,9.1327,21.2489,42.2607,24.7814,12.9736,38.5127,35.2173,35.8823,11.101,21.989,43.0661,4.2197,20.4778,54.3326,21.8957,39.3347,28.4991],"volumeParticipation":true,"latest":{"consensus":3.0,"control":0.5,"force":1.5,"direction":6.9,"confirmation":0.9,"persistence":12.5,"assessmentRisk":28.5,"intensity":34.6,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the upward view","summary":"The completed evidence gives the upward view the clearer support.","take":"Current assessment: upward pressure has the stronger support.","tone":"positive","supportedView":"Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+3.0","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+0.5","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+1.5","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+6.9","detail":"Follow-through is limited","tone":"positive"},{"label":"SM Confirmation Gauge","value":"1/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"48.7","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"5.4%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"9.8","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"27%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price is rotating through its trend references.","series":[{"label":"Close","values":[130.422,129.9242,124.9463,125.4441,122.9551,126.9375,137.3911,134.9021,122.9551,122.4573,117.9772,115.4882,112.5014,107.0257,101.55,111.5058,110.609,107.1213,109.6125,112.602,112.602,113.5984,119.0791,121.5703,117.5844,122.0685,118.5808,114.0967,113.5984,108.6161,102.7621,100.2678,93.7828,99.769,90.5902,92.1865,96.1773,99.769,102.7621,103.2609,103.2609,100.7667,96.3768,111.7413,110.2447,108.2493,110.2447,109.7459,112.739,104.7574,115.2332,113.2378,117.7274,112.739,108.7482,103.7597,106.254,104.3724,105.3712,98.8792,99.2787,110.3651,113.8608,112.8621,112.8621,110.3651,112.8621,113.8608,110.3651,112.8621,110.8645,116.8572,115.359,113.8608,110.3651,104.8718,115.8584,123.8486,121.8511,123.3493,114.8596,111.8633,106.37,107.0,111.0,113.0,112.5,104.5,102.0,105.5,103.0,106.0,108.0,108.0,104.5,104.5,100.5,104.5,104.0,109.0,104.5,111.0,106.0,106.5],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[133.7998,133.0951,131.6135,130.4918,129.1215,128.7244,130.3002,131.1369,129.6493,128.3417,126.4572,124.4628,122.288,119.5131,116.2471,115.385,114.5167,113.172,112.5249,112.5389,112.5504,112.7409,113.8933,115.2891,115.7064,116.8632,117.1755,116.6157,116.0671,114.7124,112.5396,110.3084,107.3037,105.9338,103.144,101.1518,100.2473,100.1603,100.6334,101.1111,101.502,101.3683,100.4608,102.5118,103.9177,104.7053,105.7125,106.4458,107.59,107.075,108.5583,109.4091,110.9215,111.252,110.7967,109.5173,108.924,108.0964,107.6009,106.0151,104.7903,105.8039,107.2688,108.2858,109.1178,109.3446,109.9841,110.689,110.6301,111.0359,111.0048,112.0688,112.6671,112.8841,112.4261,111.0526,111.9264,114.0941,115.5044,116.9308,116.5542,115.7013,114.0047,112.7311,112.4164,112.5225,112.5184,111.0605,109.4131,108.7017,107.665,107.3623,107.4782,107.5731,107.0143,106.5572,105.4559,105.2821,105.049,105.7673,105.5369,106.5302,106.4338,106.4458],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[137.9398,137.3461,136.4276,135.614,134.6763,134.103,134.3466,134.3878,133.5409,132.7199,131.6278,130.4323,129.1041,127.4687,125.5488,124.5085,123.4789,122.2673,121.3299,120.6834,120.0847,119.6043,119.5654,119.7139,119.5561,119.7422,119.6562,119.2444,118.8262,118.0699,116.936,115.7013,114.0777,113.0178,111.3565,109.9365,108.9173,108.2396,107.8339,107.4952,107.1815,106.7063,105.9412,106.3708,106.6578,106.7757,107.0326,107.2336,107.6414,107.4278,108.006,108.3935,109.0849,109.3556,109.3106,108.8994,108.7035,108.3826,108.1596,107.4721,106.8652,107.1245,107.6235,108.0115,108.3708,108.5185,108.8403,109.2122,109.2976,109.5616,109.6581,110.1914,110.5742,110.8176,110.7841,110.3462,110.7545,111.7244,112.4745,113.2801,113.3971,113.2835,112.7714,112.3438,112.2443,112.3003,112.3151,111.7362,111.015,110.6065,110.043,109.7435,109.6144,109.4948,109.1248,108.7822,108.1687,107.897,107.6083,107.7114,107.4735,107.7347,107.6062,107.5243],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[159.5888,159.4484,159.6556,159.3109,158.7192,157.0766,153.29,150.4939,147.9406,146.6591,146.345,145.9,144.5744,144.0492,143.7134,140.9276,139.832,139.9197,139.6361,138.8293,137.4337,135.9489,135.3572,134.8886,134.4156,133.7327,129.9478,125.8469,124.7004,123.5234,123.5195,123.9112,125.3064,125.6648,127.0527,127.7445,127.8206,127.803,127.5697,127.05,126.4862,125.7362,124.0715,122.3069,121.1265,118.4675,116.7516,115.9487,115.7689,115.3312,117.1082,118.3606,120.0133,120.8308,120.1352,119.1252,118.5589,118.3067,118.2461,118.5868,118.8439,118.9448,118.7003,118.8336,119.0986,119.2124,119.4634,119.8616,119.646,119.927,119.4142,119.9835,119.5429,119.681,119.7561,119.6887,120.3592,122.5444,123.9157,124.4538,123.1797,123.1538,123.4059,123.5587,123.5225,123.5595,123.5476,123.8233,124.3983,124.4352,124.6919,124.1814,123.7541,123.4522,123.4414,123.4552,123.1061,120.6034,118.2038,114.705,113.3568,113.1878,113.1724,113.1427],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[123.407,122.0541,119.9553,118.2092,116.312,115.5651,117.2112,118.2153,117.9809,117.122,115.2955,113.3013,111.4909,108.5812,104.9347,104.5844,103.4,101.5298,100.28,99.6035,99.2171,99.0693,99.0743,99.1555,99.0915,99.2875,101.1913,103.2117,103.4225,103.2154,101.6978,99.784,96.517,95.4329,92.949,90.3253,88.806,88.0884,87.6367,87.2223,86.852,86.3187,85.7132,86.4949,86.9414,88.2185,89.1007,89.4685,89.5624,89.6142,89.0843,89.1289,89.8707,90.3502,92.8615,95.0289,96.6028,97.3154,97.637,96.858,96.2028,97.0617,99.0546,99.0334,99.0301,99.1279,99.1387,99.1519,99.1302,99.6596,99.7355,99.5282,99.7319,99.706,99.7926,99.9712,100.2612,100.0236,100.3003,102.2092,105.0414,105.2171,104.2159,103.4769,103.3269,103.5534,103.5291,102.3173,100.9058,100.1327,99.0895,98.5144,98.2057,97.9215,97.3458,97.2948,96.1081,96.6759,97.2905,99.3543,99.6665,99.7492,99.7276,99.7073],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"relative","eyebrow":"Relative leadership","title":"Strength versus the research benchmark","description":"Relative performance is separated from absolute price direction to reveal leadership and lagging pressure.","reason":"Selected because benchmark-relative leadership is strengthening, fading or diverging from price.","series":[{"label":"Relative strength","values":[-12.3497,-13.4438,-12.4926,-13.1371,-16.1108,-14.8322,-6.1465,-6.8773,-14.8188,-14.5373,-15.9968,-17.2177,-17.2438,-20.9268,-24.4202,-19.7483,-18.1352,-17.6104,-15.7999,-13.7617,-13.7277,-15.6345,-12.8799,-10.7794,-12.3986,-11.3964,-13.9116,-16.8174,-16.9913,-18.8814,-21.1869,-19.8902,-16.0934,-9.8641,-20.2652,-20.6383,-17.766,-13.6398,-13.6468,-10.36,-10.3375,-12.8469,-13.9966,0.591,-2.5986,-4.1048,-3.1529,-3.1337,-2.4105,-6.3385,0.5681,-2.2679,0.0841,-1.5255,-4.669,-8.926,-6.815,-8.0495,-9.4647,-13.7628,-12.7973,-5.7045,-1.7967,-1.2746,-1.9592,-2.0004,-2.9658,-3.3469,-5.9481,-4.3484,-6.0772,-1.9085,-5.9516,-8.8906,-10.6081,-14.9868,-8.5864,-2.0178,-5.2033,-5.1345,-6.1377,-7.8346,-7.562,-6.8972,-6.571,-8.9717,-11.2989,-15.2779,-15.9753,-13.1953,-13.9417,-14.1901,-12.0474,-11.2037,-13.7644,-14.9927,-17.0964,-15.8195,-13.9381,-8.5254,-13.2791,-8.8937,-14.1763,-12.3071],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[-33.4988,-33.7526,-36.2908,-36.037,-37.3061,-35.2755,-29.9453,-31.2144,-37.3061,-37.5599,-39.8443,-41.1134,-42.6363,-45.4284,-48.2204,-43.144,-43.6013,-45.3796,-44.1094,-42.5851,-42.5851,-42.077,-39.2825,-38.0122,-40.0446,-37.7582,-39.5365,-41.8229,-42.077,-44.6175,-47.6024,-48.8742,-52.1808,-49.1285,-53.8087,-52.9948,-50.9599,-49.1285,-47.6024,-47.348,-47.348,-48.6198,-50.8582,-43.024,-43.787,-44.8045,-43.787,-44.0414,-42.5152,-46.585,-41.2435,-42.2609,-39.9717,-42.5152,-44.5501,-47.0937,-45.8219,-46.7813,-46.272,-49.5822,-49.3785,-43.7256,-41.9432,-42.4525,-42.4525,-43.7256,-42.4525,-41.9432,-43.7256,-42.4525,-43.471,-40.4154,-41.1793,-41.9432,-43.7256,-46.5266,-40.9246,-36.8505,-37.869,-37.1051,-41.4339,-42.9617,-45.7627,-45.4415,-43.4019,-42.3821,-42.6371,-46.7162,-47.9909,-46.2063,-47.4811,-45.9514,-44.9316,-44.9316,-46.7162,-46.7162,-48.7558,-46.7162,-46.9712,-44.4217,-46.7162,-43.4019,-45.9514,-45.6964],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[4.3825,3.9841,0.0,0.3984,0.0,3.2389,11.7409,9.7166,0.0,0.0,0.0,0.0,0.0,0.0,0.0,9.8039,8.9208,5.4863,7.9395,10.8833,10.8833,11.8646,17.2615,19.7147,15.7896,20.2054,16.7709,12.3552,11.8646,6.9582,1.1936,0.0,0.0,6.383,0.0,1.7621,6.1674,10.1322,13.4361,13.9868,13.9868,11.2335,6.3877,23.348,21.696,19.4934,21.696,21.1454,24.4493,15.6388,27.2026,25.0,29.9559,24.4493,20.044,14.5374,17.2907,15.2138,16.3163,9.1499,7.6932,14.7517,18.1413,17.105,17.105,14.5142,17.105,18.1413,11.6162,14.1414,12.1212,18.1818,16.6667,15.1515,11.6162,6.0606,17.1717,25.2525,23.2323,24.7475,16.1616,13.1313,7.5758,8.2129,12.2582,13.821,7.2738,0.0,0.0,3.4314,0.9804,3.9216,5.8824,5.8824,2.451,2.451,0.0,3.9801,3.4826,8.4577,3.9801,10.4478,5.4726,5.9701],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"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":[5.54,5.3282,5.5716,5.5215,5.8093,5.6733,5.4107,5.3278,6.2087,6.1081,6.2488,6.297,7.0454,7.2424,7.6479,7.1053,6.9021,7.249,6.8704,6.3999,6.322,6.1009,5.7929,5.5031,5.6162,5.7815,5.9466,6.2379,6.1624,6.5417,6.9313,7.0227,7.6787,8.431,9.3457,8.8526,8.3386,8.0713,7.9007,7.5769,7.1392,7.0056,7.3486,7.0972,7.2615,7.2621,7.1061,6.9208,6.8879,7.5975,7.1247,6.9526,6.6638,6.9673,7.0347,7.3614,7.0775,7.1948,6.9899,7.3858,7.4486,7.0427,6.7462,6.5726,6.5456,6.7327,6.4611,6.3856,6.3758,5.9791,5.8451,5.5155,5.5592,5.4806,5.7028,6.1171,5.8804,5.7706,5.6511,5.3573,5.9634,6.1003,6.4601,6.5057,6.1451,5.8896,5.652,6.2652,6.2754,6.0739,5.9503,5.6722,5.6655,5.327,5.3514,5.3793,5.4781,5.1997,4.9545,4.8483,5.4136,5.2473,5.574,5.4199],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[25.5705,26.5676,28.3968,29.6206,30.8381,30.4513,26.6755,24.0249,22.5328,22.3952,23.7345,25.1531,25.8399,28.0789,31.1917,29.606,29.9565,31.7995,32.8082,32.9031,32.2979,31.3844,30.9539,30.5353,30.2552,29.5641,24.8824,19.7637,18.6548,17.9132,19.3783,21.5715,25.9571,27.3472,31.0031,34.3186,36.0202,36.7912,37.1113,37.1749,37.1562,37.1767,36.5692,34.3024,32.8596,29.2705,26.8648,25.7818,25.5261,25.0964,27.1823,28.1765,28.7231,28.8669,25.6095,22.5037,20.4089,19.4705,19.0928,20.1711,21.0569,20.2616,18.0439,18.1764,18.4006,18.3974,18.5951,18.9118,18.755,18.4597,17.9591,18.6371,18.0695,18.2098,18.1859,17.9527,18.2196,20.2372,21.0648,19.6279,15.8953,15.7083,16.8614,17.6904,17.8053,17.6177,17.6316,19.02,20.854,21.6438,22.8816,23.0512,23.0208,23.0656,23.6386,23.7014,24.6316,22.0246,19.4096,14.3425,12.8533,12.6222,12.6301,12.6243],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"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":[27.7108,26.5061,14.4578,15.6626,9.6386,19.2771,44.5783,38.5542,9.6386,10.5882,1.1628,0.0,5.0,0.0,0.0,20.8333,18.9567,11.6585,16.8715,23.127,23.127,25.2122,47.5859,54.3487,43.5283,55.7013,46.2334,34.0603,32.7078,19.1822,3.2904,8.3918,5.8939,28.4492,12.2152,16.1241,25.8963,34.6913,42.9496,44.1982,44.1982,37.9555,26.9684,65.4233,61.6777,56.6835,61.6777,60.4291,67.9204,47.9438,74.163,69.1689,89.316,79.5322,67.8363,53.2164,60.5263,55.012,57.9392,28.4524,29.3398,66.5024,79.0161,73.0297,73.0297,63.2139,73.0297,76.956,63.2139,73.0297,65.177,88.735,82.8455,76.956,63.2139,41.6191,84.8087,92.2118,85.9813,90.6542,64.1745,54.8287,37.6947,39.6597,52.136,58.3741,51.6986,10.7254,3.9455,17.7546,7.8909,19.7273,27.6182,27.6182,13.8091,13.8091,0.0,15.4765,13.542,32.8876,17.0807,41.7527,22.7742,26.6962],"stroke":"#10243b","width":2.0},{"label":"From high","values":[-18.6335,-18.9441,-22.0497,-21.7391,-23.2919,-20.8075,-14.2857,-15.8385,-23.2919,-23.6025,-26.3975,-27.9503,-29.595,-31.5287,-33.3333,-25.3333,-25.9339,-28.2693,-26.6011,-24.5993,-24.5993,-23.9321,-13.9519,-12.1518,-15.032,-11.7917,-14.312,-17.5523,-17.9123,-21.5126,-25.7428,-27.5452,-32.2313,-26.3153,-28.353,-27.0905,-23.9342,-21.0936,-18.1545,-17.7572,-17.7572,-19.7438,-23.2401,-11.003,-12.1949,-13.7841,-12.1949,-12.5922,-10.2084,-16.5653,-8.2218,-9.8111,-3.161,-5.8333,-9.1667,-13.3333,-11.25,-12.8216,-11.9873,-17.4099,-17.0762,-7.8161,-4.8963,-5.7305,-5.7305,-7.8161,-5.7305,-4.8963,-7.8161,-5.7305,-7.399,-2.3935,-3.6449,-4.8963,-7.8161,-12.4044,-3.2278,-1.9763,-3.5573,-2.3715,-9.0909,-11.4625,-15.8103,-15.3116,-12.1457,-10.5628,-10.9585,-17.2903,-19.269,-16.4989,-18.4776,-16.1031,-14.5202,-14.5202,-17.2903,-17.2903,-20.4563,-17.2903,-17.6861,-13.7287,-17.2903,-12.1457,-16.1031,-14.3533],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[9.6234,9.205,5.0209,5.4393,3.3473,6.6946,15.4812,13.3891,3.3473,3.7975,0.4237,0.0,2.2624,0.0,0.0,9.8039,8.9208,5.4863,7.9395,10.8833,10.8833,11.8646,17.2615,19.7147,15.7896,20.2054,16.7709,12.3552,11.8646,6.9582,1.1936,3.6082,3.0702,16.5501,5.8275,7.6923,12.3543,16.5501,20.0466,20.6294,20.6294,17.7156,12.5874,30.5361,28.7879,26.4569,28.7879,28.2051,31.7016,22.3776,34.6154,32.2844,37.5291,31.7016,27.0396,21.2121,24.1259,21.9279,23.0946,9.1499,9.3501,20.2399,24.0484,19.7034,19.7034,17.0551,19.7034,20.7627,17.0551,19.7034,17.5847,23.9407,22.3517,20.7627,17.0551,11.2288,22.8814,31.3559,29.2373,30.8263,21.822,18.6441,12.8178,13.486,17.7284,19.8497,15.1713,2.5762,0.9901,4.4554,1.9802,4.9505,6.9307,6.9307,3.4653,3.4653,0.0,3.9801,3.4826,8.4577,4.5,11.0,6.0,6.5],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"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":[107.6509,184.3109,68.3437,52.6265,107.8397,192.5739,90.1748,126.6956,94.0047,138.8297,132.3059,210.662,135.205,97.4564,115.2108,134.5502,52.5512,122.8539,26.2704,52.65,164.2455,176.2841,102.9468,93.9566,94.1011,132.8999,237.8339,164.6951,105.0023,46.4804,29.118,25.3996,120.3412,120.3543,58.0645,81.6684,59.6569,51.8925,59.2727,163.8741,107.446,109.2557,99.0059,91.343,196.4169,176.468,117.9545,46.04,169.8214,103.9138,81.7919,52.557,117.3452,73.6774,50.622,68.7746,96.0204,123.7954,106.2184,137.416,91.777,148.7737,61.3379,52.0546,143.1045,133.4867,72.5008,120.9298,84.4183,75.6406,30.6872,60.1295,85.2014,93.7848,44.8362,74.4356,101.1,143.8965,102.4271,122.3109,201.4895,83.4471,79.1369,66.6072,54.5317,84.8071,103.1336,170.5578,111.0149,81.1469,28.1302,49.4739,122.743,8.4023,0.4257,84.9717,11.4389,33.2111,13.8689,54.3395,228.0153,104.161,172.9336,81.7653],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[96.277,90.7308,88.7783,90.2475,87.2323,92.81,94.5053,90.2813,85.8735,78.2201,71.4717,65.0,65.0,65.0,65.0,69.5471,67.7908,65.0,65.8426,67.5073,67.5073,73.3716,76.885,80.1832,76.8533,81.527,72.3442,65.7109,65.0,65.0,65.0,65.0,65.0,68.3766,66.7795,68.9829,70.6033,71.9705,73.5607,78.239,78.239,75.2502,72.5369,75.0425,69.338,65.0,68.2376,67.0574,71.5231,68.7154,70.9843,69.5052,72.8128,70.7824,69.3915,67.511,70.1894,66.5963,69.7653,65.6991,68.4043,72.908,74.74,73.209,73.209,69.4735,71.4569,74.9021,72.5879,74.6326,73.8255,75.4101,73.212,70.7733,69.6125,67.6837,70.3004,74.0348,71.4042,74.4853,69.144,67.0317,65.0215,66.719,68.0326,70.0006,67.585,65.0,65.0,66.7308,66.1326,67.1755,69.8034,69.8034,69.795,69.795,69.5798,70.1586,69.9316,70.7686,67.4196,68.9297,66.3556,67.5598],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]}]},"canonical_url":"https://sharemaestro.com/terminal/53bcc166-d140-49dd-a99b-50af7d3dbc91/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/53bcc166-d140-49dd-a99b-50af7d3dbc91/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/53bcc166-d140-49dd-a99b-50af7d3dbc91/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/53bcc166-d140-49dd-a99b-50af7d3dbc91/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/53bcc166-d140-49dd-a99b-50af7d3dbc91/technical-pack/data.json"},"source_fingerprint":"5f12b4c2f35ba567a693aa00e2c579f1d4b4930ddfa4241918a0ab350b393892","content_hash":"8c3f55b0b2577e20619f45742ee90ea3d22ad18d36c21c32c64d4c10d280e119","citation":"Sharemaestro, STE-A Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/53bcc166-d140-49dd-a99b-50af7d3dbc91/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."}