{"schema_version":"1.0","name":"CCP Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"5a711e77-3758-426f-be9b-66c3ee257af6","symbol":"CCP","name":"Celtic plc","exchange":"LSE","country":"GB","asset_type":"equity","currency":"GBP","sector":"Communication Services","industry":"Entertainment"},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Activity pressure and cumulative balance, Strength versus the research benchmark, Acceleration, deceleration and rollover, Drawdown and recovery pressure, Directional strength and control."},{"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 weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","evidenceAlignment":{"status":"Underlying support lags price","headline":"Market Dynamics is weaker than the current price position","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","take":"This is a downside risk watch, not a completed reversal. Stronger Market Dynamics or weaker price is needed to close the gap.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","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","2025-12-05","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":[1.000701,0.937949,0.972774,1.119388,1.104796,1.040126,0.670723,0.164584,-0.245309,-0.734488,-0.932391,-1.068822,-0.984875,-0.906828,-0.861872,-0.761795,-0.827075,-0.846422,-0.813033,-0.82992,-0.699651,-0.578043,-0.444641,-0.235859,-0.081312,0.122059,0.452279,0.578134,0.615714,0.441136,0.063211,-0.220217,-0.569045,-0.785787,-1.024475,-1.210901,-1.334232,-1.379132,-1.352218,-1.2859,-1.155676,-1.01324,-0.726001,-0.324724,0.007324,0.603526,0.92257,1.046892,1.1909,1.069039,1.101253,1.005999,0.875,0.672055,0.447468,0.343403,0.19741,0.08322,-0.019023,-0.18213,-0.220067,-0.276427,-0.266663,-0.2437,-0.162838,-0.237175,-0.202767,-0.027193,0.045697,0.333015,0.507383,0.682231,0.822512,0.925922,0.974535,0.95164,0.843516,0.710687,0.445021,0.271417,0.16494,-0.006404,-0.087908,-0.261477,-0.406263,-0.543984,-0.70494,-0.84114,-0.910023,-0.863568,-0.672598,-0.209196,0.387561,0.866634,1.235991,1.297423,1.107318,0.937031,0.715429,0.548653,0.397854,0.291556,0.116913,-0.121646],"opens":[177.5,175.0,192.5,202.0,202.0,197.0,175.0,172.5,172.5,170.0,167.5,161.5,147.5,155.0,162.5,165.0,165.0,168.5,167.5,167.5,167.5,167.5,165.0,165.0,165.0,170.0,170.0,172.5,172.5,172.5,165.0,165.0,165.0,161.5,150.0,142.5,144.0,144.0,144.0,144.0,146.0,151.5,150.5,155.0,160.0,161.5,195.0,195.0,185.0,185.0,188.0,188.0,185.0,183.0,181.0,181.0,175.0,175.0,167.5,175.0,175.0,170.0,172.5,180.0,180.0,180.0,172.5,187.5,187.5,187.5,187.5,190.5,199.0,199.0,200.0,200.0,200.0,195.0,195.0,190.0,195.0,195.0,195.0,195.0,195.0,195.0,192.0,185.0,187.5,190.0,192.5,195.0,205.0,243.0,248.0,250.2794,242.3024,231.334,228.3426,226.3483,214.3828,213.0,213.0,205.0],"highs":[180.0,200.0,205.0,205.0,204.0,210.0,175.0,180.0,180.0,175.0,172.75,163.0,160.0,166.699997,170.0,170.0,170.0,170.0,170.0,169.949997,170.0,170.0,169.899994,170.0,180.0,180.0,180.0,180.0,180.0,174.0,170.0,167.25,170.0,163.0,155.0,148.0,148.0,150.882996,150.0,152.0,159.0,159.854996,159.0,165.0,168.0,199.899994,200.0,196.0,186.399994,196.0,195.839996,195.839996,185.0,186.0,186.0,185.0,185.0,184.100006,178.0,180.0,180.0,179.800003,190.0,189.850006,190.0,190.0,180.0,195.0,194.100006,194.100006,195.0,204.0,208.0,210.0,210.0,210.0,210.0,200.0,200.0,200.0,200.0,200.0,200.0,200.0,200.0,200.0,200.0,190.0,195.0,200.0,200.0,210.0,250.0,250.0,250.0,255.2651,245.2938,233.3282,229.3397,229.3397,219.3684,216.0,220.0,210.0],"lows":[176.5,165.0,186.0,195.0,195.0,190.0,162.0,165.0,165.0,160.0,160.0,150.0,139.964996,152.25,160.0,162.0,163.220001,167.0,165.0,165.0,165.0,160.0,160.199997,160.100006,161.100006,163.0,160.0,165.100006,162.0,161.0,160.0,160.0,160.0,147.787003,141.0,140.0,140.0,140.0,140.160004,142.0,144.0,150.0,150.0,152.0,157.0,160.0,190.0,180.0,180.0,180.0,180.0,180.0,176.0,176.0,172.0,170.0,170.0,160.0,160.0,170.0,160.0,165.0,170.0,171.199997,170.0,170.0,170.0,180.899994,180.0,180.0,187.0,188.0,190.0,190.0,190.0,190.0,190.0,190.0,180.0,180.0,190.0,180.0,190.0,190.0,190.0,186.0,184.0,180.0,185.0,185.0,185.0,190.0,200.0,240.0,246.0,241.3053,235.3225,229.3397,223.3569,209.6464,201.4201,210.0,202.0,198.0],"closes":[177.5,192.5,202.0,202.0,197.0,200.0,172.5,172.5,170.0,162.5,161.5,155.0,155.0,162.5,165.0,165.0,167.5,167.5,167.5,167.5,167.5,165.0,165.0,165.0,170.0,170.0,172.5,172.5,172.5,165.0,165.0,165.0,161.5,150.0,142.5,144.0,144.0,144.0,144.0,146.0,151.5,150.5,155.0,160.0,161.5,195.0,195.0,185.0,185.0,188.0,188.0,185.0,183.0,181.0,181.0,175.0,175.0,167.5,175.0,175.0,170.0,172.5,180.0,180.0,180.0,172.5,175.0,187.5,187.5,187.5,190.5,199.0,199.0,200.0,200.0,200.0,195.0,195.0,190.0,195.0,195.0,195.0,195.0,195.0,195.0,190.0,185.0,187.5,190.0,192.5,195.0,205.0,235.0,243.0,248.0,246.2909,240.3081,231.334,226.3483,214.3828,213.0,213.0,205.0,203.0],"pressureRange":[-1.753313,1.753313],"priceRange":[116.0,248.0],"zones":{"accumulationBoundary":0.072238,"distributionBoundary":0.927762},"latest":-0.121646,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted 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":"Price response ahead of support","detail":"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.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"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.","annotations":[{"label":"Current tape relationship","value":"Price response ahead of support","detail":"Market Dynamics weakened this week and remains below zero.","tone":"caution"},{"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":"Lagging price","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.4,"forwardCorrelation":-0.05,"directionalAgreement":54.2,"sample":212,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":10.5,"medianWeeksInZone":10.5,"averageWeeksToHigher":2.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"medianReturn":2.2,"averageReturn":2.2,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":1,"expectedPercent":50.0,"medianReturn":0.2,"averageReturn":0.2,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":4.9,"averageReturn":4.9,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.3,"sample":2},{"week":2,"averageReturn":-0.1,"sample":2},{"week":3,"averageReturn":2.4,"sample":2},{"week":4,"averageReturn":2.2,"sample":2},{"week":5,"averageReturn":-2.0,"sample":2},{"week":6,"averageReturn":-3.2,"sample":2},{"week":7,"averageReturn":-2.8,"sample":2},{"week":8,"averageReturn":-2.6,"sample":2},{"week":9,"averageReturn":-2.2,"sample":2},{"week":10,"averageReturn":-3.2,"sample":2},{"week":11,"averageReturn":-2.2,"sample":2},{"week":12,"averageReturn":0.2,"sample":2},{"week":13,"averageReturn":-3.6,"sample":2},{"week":14,"averageReturn":-2.6,"sample":2},{"week":15,"averageReturn":-3.2,"sample":2},{"week":16,"averageReturn":-3.2,"sample":2},{"week":17,"averageReturn":1.2,"sample":2},{"week":18,"averageReturn":-0.6,"sample":2},{"week":19,"averageReturn":-0.6,"sample":2},{"week":20,"averageReturn":0.9,"sample":2},{"week":21,"averageReturn":1.1,"sample":2},{"week":22,"averageReturn":3.1,"sample":2},{"week":23,"averageReturn":3.1,"sample":2},{"week":24,"averageReturn":3.1,"sample":2},{"week":25,"averageReturn":4.3,"sample":2},{"week":26,"averageReturn":4.9,"sample":2}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":4.0,"medianWeeksInZone":4,"averageWeeksToLower":3.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-4.8,"averageReturn":-4.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.1,"sample":1},{"week":2,"averageReturn":1.4,"sample":1},{"week":3,"averageReturn":-1.1,"sample":1},{"week":4,"averageReturn":-4.8,"sample":1},{"week":5,"averageReturn":-6.9,"sample":1},{"week":6,"averageReturn":-11.8,"sample":1},{"week":7,"averageReturn":-12.3,"sample":1},{"week":8,"averageReturn":-12.3,"sample":1},{"week":9,"averageReturn":-15.6,"sample":1},{"week":10,"averageReturn":-16.5,"sample":1},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":14,"completedEpisodes":13,"activeEpisodes":1,"medianExpectedMove":6.7,"averageExpectedMove":14.3,"averageWeeksToLargestMove":5.7,"horizons":[{"weeks":4,"sample":14,"expectedCount":8,"expectedPercent":57.1,"averageReturn":1.7,"medianReturn":2.1,"confidenceLow":32.6,"confidenceHigh":78.6,"confidence":"Mixed historical record"},{"weeks":12,"sample":13,"expectedCount":7,"expectedPercent":53.8,"averageReturn":6.4,"medianReturn":4.0,"confidenceLow":29.1,"confidenceHigh":76.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":12,"expectedCount":9,"expectedPercent":75.0,"averageReturn":11.4,"medianReturn":8.1,"confidenceLow":46.8,"confidenceHigh":91.1,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.5,"sample":14},{"week":2,"averageReturn":2.6,"sample":14},{"week":3,"averageReturn":2.3,"sample":14},{"week":4,"averageReturn":1.7,"sample":14},{"week":5,"averageReturn":0.6,"sample":14},{"week":6,"averageReturn":-0.5,"sample":14},{"week":7,"averageReturn":-1.7,"sample":14},{"week":8,"averageReturn":-0.5,"sample":14},{"week":9,"averageReturn":-1.1,"sample":14},{"week":10,"averageReturn":2.6,"sample":14},{"week":11,"averageReturn":4.8,"sample":14},{"week":12,"averageReturn":6.4,"sample":13},{"week":13,"averageReturn":6.1,"sample":13},{"week":14,"averageReturn":6.4,"sample":13},{"week":15,"averageReturn":6.9,"sample":13},{"week":16,"averageReturn":7.3,"sample":13},{"week":17,"averageReturn":7.7,"sample":13},{"week":18,"averageReturn":7.3,"sample":13},{"week":19,"averageReturn":7.8,"sample":13},{"week":20,"averageReturn":11.3,"sample":13},{"week":21,"averageReturn":8.0,"sample":13},{"week":22,"averageReturn":7.7,"sample":13},{"week":23,"averageReturn":8.6,"sample":13},{"week":24,"averageReturn":9.8,"sample":12},{"week":25,"averageReturn":11.1,"sample":12},{"week":26,"averageReturn":11.4,"sample":12}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":18,"completedEpisodes":17,"activeEpisodes":1,"medianExpectedMove":4.5,"averageExpectedMove":5.8,"averageWeeksToLargestMove":4.8,"horizons":[{"weeks":4,"sample":17,"expectedCount":8,"expectedPercent":47.1,"averageReturn":0.2,"medianReturn":1.3,"confidenceLow":26.2,"confidenceHigh":69.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":17,"expectedCount":9,"expectedPercent":52.9,"averageReturn":1.8,"medianReturn":-1.5,"confidenceLow":31.0,"confidenceHigh":73.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":5,"expectedPercent":31.2,"averageReturn":8.3,"medianReturn":7.4,"confidenceLow":14.2,"confidenceHigh":55.6,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.2,"sample":17},{"week":2,"averageReturn":-0.6,"sample":17},{"week":3,"averageReturn":-0.4,"sample":17},{"week":4,"averageReturn":0.2,"sample":17},{"week":5,"averageReturn":-0.3,"sample":17},{"week":6,"averageReturn":0.5,"sample":17},{"week":7,"averageReturn":1.5,"sample":17},{"week":8,"averageReturn":1.3,"sample":17},{"week":9,"averageReturn":2.4,"sample":17},{"week":10,"averageReturn":2.5,"sample":17},{"week":11,"averageReturn":2.0,"sample":17},{"week":12,"averageReturn":1.8,"sample":17},{"week":13,"averageReturn":3.5,"sample":17},{"week":14,"averageReturn":4.4,"sample":17},{"week":15,"averageReturn":4.3,"sample":17},{"week":16,"averageReturn":4.0,"sample":17},{"week":17,"averageReturn":4.3,"sample":17},{"week":18,"averageReturn":4.5,"sample":17},{"week":19,"averageReturn":4.8,"sample":16},{"week":20,"averageReturn":4.4,"sample":16},{"week":21,"averageReturn":4.4,"sample":16},{"week":22,"averageReturn":4.4,"sample":16},{"week":23,"averageReturn":4.7,"sample":16},{"week":24,"averageReturn":5.7,"sample":16},{"week":25,"averageReturn":5.4,"sample":16},{"week":26,"averageReturn":8.3,"sample":16}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":18,"completedEpisodes":18,"activeEpisodes":0,"medianExpectedMove":2.0,"averageExpectedMove":4.5,"averageWeeksToLargestMove":4.2,"horizons":[{"weeks":4,"sample":18,"expectedCount":6,"expectedPercent":33.3,"averageReturn":1.8,"medianReturn":0.0,"confidenceLow":16.3,"confidenceHigh":56.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":6,"expectedPercent":33.3,"averageReturn":5.8,"medianReturn":4.1,"confidenceLow":16.3,"confidenceHigh":56.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":3,"expectedPercent":18.8,"averageReturn":10.5,"medianReturn":8.6,"confidenceLow":6.6,"confidenceHigh":43.0,"confidence":"Historically adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.1,"sample":18},{"week":2,"averageReturn":0.6,"sample":18},{"week":3,"averageReturn":1.6,"sample":18},{"week":4,"averageReturn":1.8,"sample":18},{"week":5,"averageReturn":1.8,"sample":18},{"week":6,"averageReturn":2.1,"sample":18},{"week":7,"averageReturn":3.5,"sample":18},{"week":8,"averageReturn":3.2,"sample":18},{"week":9,"averageReturn":2.4,"sample":18},{"week":10,"averageReturn":2.6,"sample":18},{"week":11,"averageReturn":3.7,"sample":18},{"week":12,"averageReturn":5.8,"sample":18},{"week":13,"averageReturn":6.1,"sample":18},{"week":14,"averageReturn":5.9,"sample":18},{"week":15,"averageReturn":6.1,"sample":17},{"week":16,"averageReturn":6.1,"sample":17},{"week":17,"averageReturn":6.8,"sample":17},{"week":18,"averageReturn":6.9,"sample":17},{"week":19,"averageReturn":6.5,"sample":17},{"week":20,"averageReturn":6.4,"sample":17},{"week":21,"averageReturn":7.3,"sample":17},{"week":22,"averageReturn":7.6,"sample":17},{"week":23,"averageReturn":6.9,"sample":16},{"week":24,"averageReturn":8.9,"sample":16},{"week":25,"averageReturn":10.9,"sample":16},{"week":26,"averageReturn":10.5,"sample":16}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":13,"completedEpisodes":12,"activeEpisodes":1,"medianExpectedMove":2.2,"averageExpectedMove":12.5,"averageWeeksToLargestMove":4.7,"horizons":[{"weeks":4,"sample":13,"expectedCount":5,"expectedPercent":38.5,"averageReturn":0.8,"medianReturn":-1.9,"confidenceLow":17.7,"confidenceHigh":64.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":12,"expectedCount":4,"expectedPercent":33.3,"averageReturn":4.5,"medianReturn":-2.7,"confidenceLow":13.8,"confidenceHigh":60.9,"confidence":"Mixed historical record"},{"weeks":26,"sample":12,"expectedCount":8,"expectedPercent":66.7,"averageReturn":7.3,"medianReturn":5.5,"confidenceLow":39.1,"confidenceHigh":86.2,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.5,"sample":13},{"week":2,"averageReturn":0.5,"sample":13},{"week":3,"averageReturn":-0.6,"sample":13},{"week":4,"averageReturn":0.8,"sample":13},{"week":5,"averageReturn":-0.2,"sample":13},{"week":6,"averageReturn":-1.2,"sample":13},{"week":7,"averageReturn":-0.1,"sample":12},{"week":8,"averageReturn":-1.0,"sample":12},{"week":9,"averageReturn":1.6,"sample":12},{"week":10,"averageReturn":1.3,"sample":12},{"week":11,"averageReturn":2.8,"sample":12},{"week":12,"averageReturn":4.5,"sample":12},{"week":13,"averageReturn":4.0,"sample":12},{"week":14,"averageReturn":4.1,"sample":12},{"week":15,"averageReturn":4.8,"sample":12},{"week":16,"averageReturn":7.6,"sample":12},{"week":17,"averageReturn":8.6,"sample":12},{"week":18,"averageReturn":9.2,"sample":12},{"week":19,"averageReturn":9.4,"sample":12},{"week":20,"averageReturn":10.4,"sample":12},{"week":21,"averageReturn":12.0,"sample":12},{"week":22,"averageReturn":9.1,"sample":12},{"week":23,"averageReturn":7.6,"sample":12},{"week":24,"averageReturn":7.6,"sample":12},{"week":25,"averageReturn":7.1,"sample":12},{"week":26,"averageReturn":7.3,"sample":12}]}},"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 support lags price","tone":"caution","headline":"Price is leading its underlying support","use":"Market Dynamics must catch up or price may correct toward the weaker underlying position.","confirm":"This is a downside risk watch, not a completed reversal. Stronger Market Dynamics or weaker price is needed to close the gap.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","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":33.3,"averageReturn":5.8,"sample":18},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"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, 33.3% of comparable cases moved lower after 12 weeks, with an average move of 5.8% across 18 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 50.0% of completed 12-week outcomes were higher across 2 cases. Distinct visits lasted 10.5 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 4.5% across 18 completed cases, with the largest move arriving after 4.2 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":[],"distribution_rollovers":[{"date":"2026-07-03","price":231.334}],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","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","2025-12-05","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":[177.5,192.5,202.0,202.0,197.0,200.0,172.5,172.5,170.0,162.5,161.5,155.0,155.0,162.5,165.0,165.0,167.5,167.5,167.5,167.5,167.5,165.0,165.0,165.0,170.0,170.0,172.5,172.5,172.5,165.0,165.0,165.0,161.5,150.0,142.5,144.0,144.0,144.0,144.0,146.0,151.5,150.5,155.0,160.0,161.5,195.0,195.0,185.0,185.0,188.0,188.0,185.0,183.0,181.0,181.0,175.0,175.0,167.5,175.0,175.0,170.0,172.5,180.0,180.0,180.0,172.5,175.0,187.5,187.5,187.5,190.5,199.0,199.0,200.0,200.0,200.0,195.0,195.0,190.0,195.0,195.0,195.0,195.0,195.0,195.0,190.0,185.0,187.5,190.0,192.5,195.0,205.0,235.0,243.0,248.0,246.2909,240.3081,231.334,226.3483,214.3828,213.0,213.0,205.0,203.0],"consensus":[11.1027,63.0663,60.7933,40.2884,17.7471,31.7255,-30.4959,-17.1485,-25.44,-42.0299,-32.6029,-40.4249,-17.486,0.0,0.0,0.0,12.874,0.0,0.0,0.0,0.0,-12.0975,0.0,0.0,18.1657,0.0,21.0308,10.8942,0.0,-31.5571,-10.7253,0.0,-29.4931,-61.0386,-59.0086,-28.0189,-30.3378,-26.2195,-18.4878,0.0,13.7877,0.0,23.6265,33.8785,21.7877,75.281,39.6095,10.9782,38.4249,25.4426,15.6596,0.0,10.371,0.0,0.0,-27.7983,-11.6329,-42.2964,18.9682,0.0,-25.4501,0.0,28.9614,0.0,9.7222,-22.244,0.0,36.8525,16.6575,18.238,28.4085,45.2542,23.1099,24.2486,18.7135,12.3153,-8.6734,0.0,-16.6767,11.5832,0.0,0.0,0.0,0.0,0.0,-22.3308,-34.4254,0.0,0.0,0.0,16.7424,49.2674,67.9817,41.1198,44.1887,30.8529,20.8611,0.0,0.0,-46.633,-20.758,-18.5927,-51.3537,-31.531],"supportDates":["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","2025-12-05","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":[14.0958,0.0,0.0,-22.9339,-7.7978,-30.6807,20.832,0.0,-18.6367,0.0,22.5514,0.0,4.94,-26.8041,0.0,29.7494,14.8695,13.0302,21.1046,44.633,18.8783,18.8792,14.3309,12.262,-10.2432,0.0,-12.9427,18.2183,0.0,0.0,0.0,0.0,0.0,-21.2614,-32.6841,0.0,0.0,0.0,14.5711,40.8979,60.465,34.8361,40.6073,20.9546,18.4046,0.0,0.0,-36.9821,-10.8848,-12.1715,-41.5554,-27.2529],"force":[2.5882,0.0,0.0,-47.1519,-9.4389,-70.1689,59.7164,0.0,-43.0747,0.0,58.8856,0.0,5.9121,-33.8659,0.0,60.4046,5.3869,8.5291,30.2831,50.4885,6.6416,12.6208,5.5752,0.6422,-23.0372,0.0,-24.8149,18.4512,0.0,0.0,0.0,0.0,0.0,-33.4713,-44.2508,0.0,0.0,0.0,19.2005,77.5104,90.7111,19.4044,19.3645,0.1541,9.304,0.0,0.0,-81.5857,-17.1089,-8.8066,-75.2526,-23.5459],"direction":[15.3707,0.0,0.0,-19.5336,-17.583,-35.6627,12.2678,0.0,-20.6477,0.0,14.9126,0.0,17.909,-8.7311,0.0,28.1475,26.7514,31.1246,35.4167,42.2253,39.7091,38.6906,33.1066,20.7143,-3.3806,0.0,-15.131,0.9056,0.0,0.0,0.0,0.0,0.0,-15.5954,-29.3974,0.0,0.0,0.0,17.4681,38.6589,60.3369,63.8121,66.0131,64.093,45.2149,0.0,0.0,-32.6963,-34.648,-32.9213,-45.4809,-42.1238],"intensity":[86.5385,23.0769,46.1538,65.3846,3.8462,86.5385,73.0769,88.4615,88.4615,53.8462,90.3846,17.3077,19.2308,73.0769,90.3846,96.1538,17.3077,5.7692,65.3846,73.0769,42.3077,26.9231,7.6923,9.6154,51.9231,88.4615,88.4615,50.0,88.4615,88.4615,88.4615,11.5385,13.4615,48.0769,50.0,90.3846,50.0,50.0,26.9231,90.3846,100.0,100.0,51.9231,48.0769,63.4615,92.3077,48.0769,94.2308,65.3846,59.6154,57.6923,86.5385],"confirmation":[48.7525,24.324,1.0993,77.5594,49.0474,82.5613,32.5671,0.6257,76.785,25.569,78.2773,25.0219,25.7345,75.4028,3.1229,80.6188,50.3475,73.6196,77.2591,82.6503,52.2911,75.487,50.988,48.9193,49.2438,0.9317,73.6415,49.3414,0.8684,1.7336,24.2434,0.4892,0.4003,75.5017,79.3421,4.0987,2.7,24.8874,73.4656,84.7538,90.5614,80.5923,81.4384,54.4215,30.4452,4.7166,25.4767,84.1348,74.6818,73.7493,85.3108,77.9117],"persistence":[87.5,75.0,62.5,37.5,12.5,12.5,12.5,12.5,37.5,37.5,25.0,12.5,12.5,12.5,0.0,12.5,37.5,50.0,50.0,62.5,62.5,87.5,100.0,100.0,75.0,62.5,37.5,37.5,25.0,12.5,0.0,12.5,0.0,12.5,12.5,25.0,25.0,25.0,12.5,0.0,12.5,37.5,62.5,75.0,87.5,87.5,75.0,50.0,25.0,0.0,25.0,50.0],"assessmentRisk":[15.3733,29.7572,32.0738,24.337,27.6534,22.3243,53.5951,1.0672,30.8055,39.7797,26.3169,36.9279,44.1774,11.122,40.1394,24.2993,35.265,40.4147,35.5819,26.2483,37.3204,37.3561,38.7749,4.6364,29.4402,39.3222,40.4233,45.3051,1.5261,2.7362,42.3579,0.8686,0.7145,36.4306,32.6914,48.0737,45.6366,30.625,41.471,25.3575,16.0065,29.4393,27.9053,34.5667,16.1396,42.3155,45.3665,26.4998,39.1558,38.0394,22.6306,23.914],"volumeParticipation":true,"latest":{"consensus":-31.5,"control":-27.3,"force":-23.5,"direction":-42.1,"confirmation":77.9,"persistence":50.0,"assessmentRisk":23.9,"intensity":86.5,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":false},"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":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-31.5","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-27.3","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-23.5","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-42.1","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"78/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"44.9","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"7.3%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"24.5","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"31%","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":[177.5,192.5,202.0,202.0,197.0,200.0,172.5,172.5,170.0,162.5,161.5,155.0,155.0,162.5,165.0,165.0,167.5,167.5,167.5,167.5,167.5,165.0,165.0,165.0,170.0,170.0,172.5,172.5,172.5,165.0,165.0,165.0,161.5,150.0,142.5,144.0,144.0,144.0,144.0,146.0,151.5,150.5,155.0,160.0,161.5,195.0,195.0,185.0,185.0,188.0,188.0,185.0,183.0,181.0,181.0,175.0,175.0,167.5,175.0,175.0,170.0,172.5,180.0,180.0,180.0,172.5,175.0,187.5,187.5,187.5,190.5,199.0,199.0,200.0,200.0,200.0,195.0,195.0,190.0,195.0,195.0,195.0,195.0,195.0,195.0,190.0,185.0,187.5,190.0,192.5,195.0,205.0,235.0,243.0,248.0,246.2909,240.3081,231.334,226.3483,214.3828,213.0,213.0,205.0,203.0],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[164.4781,169.573,175.4688,180.2927,183.3304,186.3612,183.841,181.779,179.6374,176.5215,173.7903,170.3739,167.5786,166.6552,166.3543,166.1081,166.3611,166.5682,166.7376,166.8762,166.9896,166.6279,166.3319,166.0897,166.8007,167.3824,168.3129,169.0742,169.697,168.843,168.1443,167.5726,166.4685,163.4742,159.6607,156.8133,154.4836,152.5775,151.018,150.1056,150.3591,150.3847,151.2239,152.8195,154.3978,161.78,167.82,170.9437,173.4994,176.1358,178.293,179.5124,180.1465,180.3017,180.4287,179.4416,178.6341,176.6097,176.317,176.0776,174.9725,174.523,175.5188,176.3336,177.0002,176.182,175.9671,178.064,179.7796,181.1833,182.8773,185.8087,188.2071,190.3513,192.1056,193.5409,193.8062,194.0233,193.2918,193.6023,193.8565,194.0644,194.2345,194.3737,194.4876,193.6716,192.095,191.2595,191.0305,191.2977,191.9708,194.3398,201.7325,209.2357,216.2838,221.7396,225.1157,226.2463,226.2648,224.1045,222.0855,220.4336,217.6275,214.9679],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[147.8601,151.1668,154.9322,158.4187,161.2766,164.145,164.7639,165.3369,165.6823,165.4466,165.1543,164.4021,163.7056,163.6163,163.7188,163.8137,164.0868,164.3396,164.5737,164.7905,164.9912,164.9918,164.9924,164.993,165.3639,165.7073,166.2105,166.6764,167.1077,166.9516,166.807,166.6732,166.29,165.0833,163.4105,161.9727,160.6414,159.4087,158.2673,157.3586,156.9246,156.4487,156.3414,156.6124,156.9745,159.7912,162.3992,164.0734,165.6235,167.281,168.8157,170.0146,170.9765,171.7189,172.4064,172.5985,172.7764,172.3856,172.5792,172.7586,172.5542,172.5502,173.102,173.613,174.0861,173.9686,174.045,175.0417,175.9645,176.819,177.8324,179.4004,180.8522,182.2706,183.5839,184.7999,185.5554,186.255,186.5324,187.1597,187.7404,188.2782,188.7761,189.2371,189.664,189.6889,189.3416,189.2051,189.264,189.5037,189.9109,191.0286,194.2857,197.8942,201.6057,204.9157,207.5374,209.3001,210.5629,210.8459,211.0055,211.1532,210.6974,210.1272],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[187.5889,194.4972,202.486,209.1081,213.5781,217.7723,217.9608,217.9103,217.0957,215.6005,214.3248,212.9218,211.6444,209.871,207.1121,207.1121,205.1808,204.9962,204.9035,204.5271,204.1174,201.6753,196.5851,190.4153,184.7881,175.0134,175.0134,175.0134,175.4285,175.4416,175.4087,174.4152,173.154,175.8343,179.2904,181.0026,181.8813,182.29,182.3319,181.9082,181.0581,180.4158,179.7162,179.2351,178.127,184.6134,189.7004,191.8627,193.9077,197.1199,200.0771,202.3139,204.2646,205.7949,206.6072,206.5695,206.1846,205.0863,203.8705,202.3686,201.0861,199.2164,197.814,196.718,195.3856,193.1334,190.2736,190.7181,191.1491,191.0515,191.5927,194.8461,197.7948,200.722,203.2919,205.5822,206.7324,207.0569,207.2387,207.7835,207.4915,207.1257,207.3271,207.3666,207.2212,205.032,202.9345,202.9345,202.7753,202.5552,202.6134,203.938,216.3368,227.0227,236.6687,244.0633,249.1596,252.0692,253.8571,254.3844,254.7361,255.0054,254.9299,254.8084],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[105.5111,104.9528,104.264,104.9419,107.3219,110.1777,113.8892,117.6897,122.2543,126.7495,130.4252,133.5782,136.3556,140.379,145.8879,145.8879,145.3192,144.7538,144.3465,143.7229,143.1326,142.8247,144.2149,146.6847,149.6119,156.3866,156.3866,156.3866,156.2215,156.4584,156.8413,158.8348,160.746,156.8157,151.1096,147.2974,144.0687,141.31,138.9181,137.1918,136.4419,135.6342,135.3338,135.3149,135.573,131.5866,128.7496,127.8373,127.0423,126.1301,125.4729,125.2361,125.4354,127.0051,130.0428,133.1805,136.6654,140.1137,144.4295,148.8314,151.9639,156.0336,159.936,163.032,166.2144,166.2166,167.0764,166.8819,166.7009,166.7485,166.4573,164.6039,163.2552,162.228,161.5581,161.7678,162.6176,165.0431,166.3613,167.8165,170.6085,173.2243,174.5229,175.9834,177.6288,181.568,184.6655,184.6655,185.0747,185.7948,186.1866,185.462,176.6632,170.2773,165.4313,162.6658,162.1003,162.8241,164.6711,166.082,167.5304,169.061,170.1365,171.058],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","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","2025-12-05","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":[109.2757,144.1577,113.2131,192.025,43.0118,88.307,47.666,48.0173,34.7778,30.4091,35.7253,44.8134,285.5308,106.2402,32.456,100.8662,73.9217,34.5374,38.2193,19.1825,18.5148,29.4491,15.913,40.7532,70.1623,86.5186,521.7155,59.3569,49.5594,96.4722,59.4113,3.4796,31.3292,196.3005,91.354,101.711,57.7205,87.1483,67.984,74.1047,23.5188,44.4353,57.0789,72.6609,34.7068,150.022,33.9346,77.0885,84.2188,125.3302,163.1324,47.4673,36.9323,40.1927,81.5513,138.1494,113.8171,264.6118,201.249,147.465,1439.5292,379.8179,359.7287,27.5421,354.2736,12.0057,643.5748,37.568,5.6839,4.1899,129.9161,21.371,14.097,31.9748,22.461,8.1106,9.1753,13.0956,15.3487,9.6014,17.0272,18.2987,14.4742,15.6403,7.9595,33.9744,91.3071,62.9878,79.6094,15.0066,49.2198,339.5681,271.7313,23.2784,18.8655,27.3025,12.0662,31.2435,12.868,234.907,201.2184,247.6395,172.0449,180.5273],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[127.6172,130.9634,133.7097,133.7097,132.5636,135.0,133.6688,133.6688,132.6759,131.7993,130.7884,129.496,129.496,132.7081,133.6508,133.6508,135.0,135.0,135.0,135.0,135.0,134.4286,134.4286,134.4286,135.0,135.0,135.0,135.0,135.0,133.4913,133.4913,133.4913,133.1138,130.7523,129.6345,130.8315,130.8315,130.8315,130.8315,131.7142,131.9942,131.463,132.1589,133.0594,133.482,135.0,135.0,134.3391,134.3391,135.0,135.0,134.5889,134.27,133.9633,133.9633,132.954,132.954,130.8458,132.542,132.542,88.8996,102.9922,119.1172,119.1172,119.1172,118.4708,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,134.6806,134.6806,134.1502,134.4811,134.4811,134.4811,134.4811,134.4811,134.4811,133.9149,133.2891,133.6958,134.2236,134.3229,134.5463,135.0,135.0,135.0,135.0,134.8837,134.8337,134.709,134.6604,133.697,132.8251,132.8251,131.9622,130.9959],"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":["2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","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","2025-12-05","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":[27.7335,37.6461,40.7851,39.4669,34.3099,38.4867,18.1943,16.3749,14.7895,9.7758,7.5225,4.2521,6.1305,10.9033,9.5035,8.7724,9.6571,9.3298,11.7288,10.2634,8.7604,6.3156,2.6791,2.3778,2.99,2.3188,3.0242,3.4619,1.3855,-1.846,-1.5875,-1.9812,-4.3655,-4.6972,-8.5765,-11.1945,-12.7421,-14.6268,-14.2053,-14.3328,-11.5542,-12.8062,-10.9698,-8.3681,-6.8441,11.6069,10.7431,3.627,3.327,3.5857,4.2186,2.3571,0.937,-1.7255,0.1577,-2.8837,-3.2255,-6.1224,-2.4336,-4.338,-6.2085,-3.9677,-2.7512,-3.443,-3.0375,-7.0083,-3.9341,1.6249,1.8892,-0.544,1.4659,5.1959,3.4678,2.9113,3.8103,2.9807,-0.9307,-1.5702,-6.0642,-5.3719,0.4494,0.681,4.1039,3.5403,-1.1151,-5.0756,-8.1035,-4.3376,-3.0405,-0.7171,0.7098,2.845,17.9221,21.6534,22.1789,21.9181,16.804,10.6959,10.2433,3.4474,1.5535,0.4213,-3.4598,-2.9193],"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":["2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","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","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[13.553,15.029,16.7719,17.9463,18.263,18.5424,16.3562,14.457,12.6048,10.4118,8.4951,6.3782,4.6469,3.8358,3.3561,2.9419,2.7834,2.6275,2.4753,2.328,2.186,1.8504,1.5663,1.326,1.5214,1.6572,1.9441,2.1467,2.281,1.762,1.3352,0.9856,0.4213,-0.943,-2.5994,-3.7479,-4.605,-5.2241,-5.6496,-5.759,-5.3403,-5.0313,-4.3728,-3.4082,-2.494,0.9231,3.5898,4.8404,5.7651,6.6632,7.2909,7.4602,7.3484,7.0175,6.6782,5.8577,5.1481,3.9352,3.5383,3.1871,2.4767,2.0913,2.3639,2.5505,2.6676,2.1307,1.8851,2.6685,3.2517,3.6717,4.1982,5.2409,5.9981,6.6028,7.0013,7.2337,6.9345,6.6211,5.9012,5.6688,5.4221,5.1671,4.9083,4.6497,4.3941,3.7449,2.7947,2.2178,1.94,1.8997,2.0459,2.9348,5.991,8.9554,11.5747,13.3586,14.1267,13.8517,13.0806,11.3729,9.7951,8.4473,6.6568,5.0187],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[9.5213,10.6228,11.8526,13.0714,14.1097,14.9962,15.2682,15.106,14.6058,13.767,12.7126,11.4457,10.0859,8.8359,7.7399,6.7803,5.9809,5.3103,4.7433,4.2602,3.8454,3.4464,3.0704,2.7215,2.4815,2.3166,2.2421,2.223,2.2346,2.1401,1.9791,1.7804,1.5086,1.0183,0.2947,-0.5138,-1.332,-2.1105,-2.8183,-3.4064,-3.7932,-4.0408,-4.1072,-3.9674,-3.6727,-2.7536,-1.4849,-0.2198,0.9771,2.1144,3.1497,4.0118,4.6791,5.1468,5.4531,5.534,5.4568,5.1525,4.8296,4.5011,4.0962,3.6953,3.429,3.2533,3.1361,2.935,2.7251,2.7137,2.8213,2.9914,3.2328,3.6344,4.1071,4.6063,5.0853,5.515,5.7989,5.9633,5.9509,5.8945,5.8,5.6734,5.5204,5.3463,5.1558,4.8736,4.4578,4.0098,3.5959,3.2566,3.0145,2.9986,3.5971,4.6687,6.0499,7.5116,8.8347,9.8381,10.4866,10.6639,10.4901,10.0815,9.3966,8.521],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[4.0317,4.4061,4.9192,4.8749,4.1533,3.5461,1.088,-0.649,-2.0009,-3.3552,-4.2175,-5.0675,-5.4391,-5.0001,-4.3839,-3.8384,-3.1976,-2.6828,-2.2679,-1.9322,-1.6594,-1.596,-1.504,-1.3955,-0.9601,-0.6594,-0.298,-0.0763,0.0464,-0.3781,-0.6439,-0.7948,-1.0873,-1.9613,-2.8942,-3.2341,-3.273,-3.1136,-2.8313,-2.3526,-1.5471,-0.9904,-0.2656,0.5592,1.1788,3.6767,5.0747,5.0602,4.7879,4.5488,4.1412,3.4485,2.6693,1.8707,1.2252,0.3237,-0.3087,-1.2173,-1.2913,-1.3141,-1.6196,-1.6039,-1.0651,-0.7028,-0.4686,-0.8044,-0.8399,-0.0453,0.4304,0.6803,0.9654,1.6065,1.891,1.9965,1.916,1.7188,1.1357,0.6578,-0.0497,-0.2257,-0.3779,-0.5064,-0.6121,-0.6966,-0.7617,-1.1288,-1.6631,-1.792,-1.6558,-1.3569,-0.9686,-0.0637,2.394,4.2866,5.5248,5.8469,5.2921,4.0136,2.5941,0.7091,-0.695,-1.6343,-2.7398,-3.5023],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","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","2025-12-05","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":[-7.7922,0.0,0.0,0.0,-2.4752,-0.9901,-14.604,-14.604,-15.8416,-19.5545,-20.0495,-23.2673,-23.2673,-19.5545,-18.3168,-18.3168,-17.0792,-17.0792,-17.0792,-17.0792,-17.0792,-18.3168,-18.3168,-18.3168,-15.8416,-15.8416,-14.604,-14.604,-14.604,-18.3168,-18.3168,-18.3168,-20.0495,-25.7426,-29.4554,-28.7129,-28.7129,-28.7129,-28.7129,-27.7228,-25.0,-25.495,-23.2673,-20.7921,-20.0495,-3.4653,-3.4653,-8.4158,-8.4158,-6.9307,-6.9307,-8.4158,-9.4059,-10.396,-10.396,-13.3663,-13.3663,-17.0792,-13.3663,-13.3663,-15.8416,-14.604,-10.8911,-10.8911,-10.8911,-14.604,-13.3663,-7.1782,-7.1782,-7.1782,-5.6931,-1.4851,-1.4851,-0.9901,-0.9901,-0.9901,-3.4653,-3.4653,-5.9406,-3.4653,-3.4653,-3.4653,-3.4653,-3.4653,-3.4653,-5.9406,-8.4158,-7.1782,-5.9406,-4.703,-3.4653,0.0,0.0,0.0,0.0,-0.6892,-3.1016,-6.7202,-8.7305,-13.5553,-14.1129,-14.1129,-17.3387,-18.1452],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[47.9167,54.0,61.6,61.6,53.3074,55.642,34.2412,34.2412,32.2957,26.4591,24.7104,16.9811,16.9811,22.6415,24.5283,20.0,21.8182,21.8182,21.8182,21.8182,8.0645,6.4516,6.4516,6.4516,9.6774,9.6774,11.2903,11.2903,11.2903,6.4516,6.4516,6.4516,4.1935,0.0,0.0,1.0526,1.0526,1.0526,1.0526,2.4561,6.3158,5.614,8.7719,12.2807,13.3333,36.8421,36.8421,29.8246,29.8246,31.9298,31.9298,29.8246,28.4211,27.0175,27.0175,22.807,22.807,17.5439,22.807,22.807,18.0556,19.7917,25.0,25.0,23.2877,14.6179,16.2791,20.9677,17.1875,16.0991,13.7313,18.806,18.806,19.403,19.403,19.403,16.4179,16.4179,13.4328,16.4179,16.4179,16.4179,16.4179,14.7059,14.7059,11.7647,7.2464,8.6957,10.1449,11.5942,13.0435,17.1429,27.027,31.3514,34.0541,33.1302,29.8963,25.0454,22.3504,15.8826,15.1351,15.1351,10.8108,9.7297],"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":["2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","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","2025-12-05","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":"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":[47.9753,49.4676,50.9965,52.4162,53.7345,55.1417,52.6488,50.6513,48.7965,46.5338,44.4327,41.4495,39.161,36.4264,34.0481,31.8397,29.7891,27.8849,25.9006,24.058,22.3405,21.3823,20.4926,19.6503,19.0368,18.467,17.4661,16.5366,15.5338,14.7601,14.2033,13.6862,12.7493,13.608,15.1096,16.599,17.982,18.647,19.2645,19.3942,18.1711,16.889,15.6985,15.5646,15.8721,18.7076,21.3454,22.2471,23.0844,24.4949,25.8046,27.0207,27.484,27.9962,27.8058,27.3072,26.8442,24.9279,23.1485,21.7687,21.2129,20.6967,19.5932,18.5686,17.4479,16.4073,15.4411,16.3475,17.038,17.6792,18.3739,19.8922,21.6237,23.3855,25.0215,26.5407,27.9513,29.2612,28.194,27.2031,26.2829,25.1335,24.0663,23.0752,22.155,21.9639,22.09,22.7629,22.2533,20.8296,19.5076,19.4883,22.2151,24.7471,27.0983,29.5009,30.7958,31.1469,30.6978,28.8105,27.1642,25.6354,24.875,24.4732],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[22.9217,27.9993,27.865,26.6589,25.5855,25.9735,22.0146,22.7034,21.3071,19.9835,18.9083,17.8536,16.3407,18.1949,18.8463,18.158,17.5723,17.3063,16.8485,16.3863,15.9405,15.0042,14.1368,13.3525,17.68,15.986,14.2555,13.1163,11.8811,11.0702,10.4779,10.0577,11.0383,10.1073,9.3277,8.9049,8.4906,9.6394,9.0754,9.7328,13.0052,12.7498,12.0507,14.731,15.5692,28.8973,27.421,25.1296,24.2565,27.3141,25.0312,22.9642,21.8597,21.2142,19.6056,18.0282,16.5908,14.5794,13.284,13.623,12.2871,11.3966,15.1753,13.8484,12.5782,11.4475,10.9189,16.7151,15.641,14.6286,14.5001,17.6619,18.0452,17.3101,15.7593,14.3726,13.1286,12.544,11.4461,10.4602,9.9966,9.1254,8.7164,8.315,7.9221,7.3954,6.8359,6.5047,8.6617,10.4915,9.7155,13.5832,27.2248,25.5306,24.7564,25.5488,24.292,23.0698,22.1952,20.1629,18.5002,17.9669,16.4359,15.4884],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[6.0614,5.1621,4.75,4.5444,4.3615,3.9781,14.6028,13.7142,12.8707,14.1418,13.381,16.9255,19.7355,18.5168,17.7021,17.0556,16.5054,16.2556,16.8837,16.4206,15.9448,17.9451,16.9077,15.8975,14.1584,12.8018,13.0398,11.9978,12.4898,12.1624,12.0466,11.5635,10.9134,16.7638,19.2103,18.9062,18.0264,16.8759,15.8885,14.9324,13.6094,12.8065,12.1043,11.153,10.4076,8.253,7.8163,12.3858,11.9555,10.9328,10.019,9.1916,10.8872,10.2947,11.6806,11.8136,10.8716,14.5841,13.2883,12.6176,16.2832,15.103,13.6619,12.4673,11.8741,10.8067,10.3077,9.3754,9.1831,8.5887,8.262,7.6363,6.9945,6.3554,5.786,5.2769,4.8202,4.6055,8.5785,7.8396,7.4921,11.1965,10.6947,10.2022,9.7202,10.9737,11.0892,12.49,11.8706,10.9902,10.1773,9.2002,7.3105,6.8556,6.6477,6.2412,8.6175,10.9283,13.3574,18.5091,20.7623,20.1637,22.2326,22.8725],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","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","2025-12-05","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/5a711e77-3758-426f-be9b-66c3ee257af6/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/5a711e77-3758-426f-be9b-66c3ee257af6/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/5a711e77-3758-426f-be9b-66c3ee257af6/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/5a711e77-3758-426f-be9b-66c3ee257af6/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/5a711e77-3758-426f-be9b-66c3ee257af6/technical-pack/data.json"},"source_fingerprint":"fe8442a7349a7d6258b40729db6cfbac8ced7a5f14054eeeb614807809f2015a","content_hash":"b619d8c3c6684e1e8dcf02e09a79fea92c3e68ee0e150dbc42fa6a5d81d29e26","citation":"Sharemaestro, CCP Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/5a711e77-3758-426f-be9b-66c3ee257af6/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."}