{"schema_version":"1.0","name":"BGS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"5c9a3f43-0355-4fdf-b6c3-c359297f2237","symbol":"BGS","name":"B&G Foods Inc","exchange":"NYSE","country":"US","asset_type":"equity","currency":"USD","sector":"Consumer Defensive","industry":"Packaged Foods"},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price structure remains downward.","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, Activity pressure and cumulative balance, Range position and boundary pressure, Range pressure and compression."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics improved this week but remains below zero. 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cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":23,"completedEpisodes":23,"activeEpisodes":0,"medianExpectedMove":13.7,"averageExpectedMove":13.0,"averageWeeksToLargestMove":6.0,"horizons":[{"weeks":4,"sample":23,"expectedCount":14,"expectedPercent":60.9,"averageReturn":1.4,"medianReturn":2.1,"confidenceLow":40.8,"confidenceHigh":77.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":23,"expectedCount":12,"expectedPercent":52.2,"averageReturn":-2.9,"medianReturn":2.6,"confidenceLow":33.0,"confidenceHigh":70.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":21,"expectedCount":4,"expectedPercent":19.0,"averageReturn":-11.9,"medianReturn":-16.4,"confidenceLow":7.7,"confidenceHigh":40.0,"confidence":"Historically adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.6,"sample":23},{"week":2,"averageReturn":-0.3,"sample":23},{"week":3,"averageReturn":1.4,"sample":23},{"week":4,"averageReturn":1.4,"sample":23},{"week":5,"averageReturn":-0.8,"sample":23},{"week":6,"averageReturn":-3.6,"sample":23},{"week":7,"averageReturn":-2.2,"sample":23},{"week":8,"averageReturn":-4.7,"sample":23},{"week":9,"averageReturn":-4.3,"sample":23},{"week":10,"averageReturn":-3.7,"sample":23},{"week":11,"averageReturn":-2.9,"sample":23},{"week":12,"averageReturn":-2.9,"sample":23},{"week":13,"averageReturn":-6.7,"sample":23},{"week":14,"averageReturn":-6.0,"sample":23},{"week":15,"averageReturn":-3.7,"sample":22},{"week":16,"averageReturn":-2.3,"sample":22},{"week":17,"averageReturn":-4.1,"sample":22},{"week":18,"averageReturn":-4.2,"sample":22},{"week":19,"averageReturn":-3.7,"sample":22},{"week":20,"averageReturn":-5.3,"sample":22},{"week":21,"averageReturn":-5.0,"sample":22},{"week":22,"averageReturn":-5.4,"sample":21},{"week":23,"averageReturn":-4.6,"sample":21},{"week":24,"averageReturn":-6.5,"sample":21},{"week":25,"averageReturn":-7.1,"sample":21},{"week":26,"averageReturn":-11.9,"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":"Countertrend conflict","tone":"caution","headline":"Price and Market Dynamics remain aligned downward","use":"The downside remains supported until Market Dynamics repairs or price structure changes.","confirm":"This is an early challenge rather than a confirmed reversal. Price must respond to the improvement before the downward technical state can be considered resolved.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"accumulation","zoneContext":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":68.4,"averageReturn":-11.0,"sample":19},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Capital protection","title":"Treat agreement on the downside as a defensive condition","tone":"negative","approach":"Reduce the burden of proof for risk control and raise it for new long exposure. A short position still needs a defined entry, exit and maximum loss.","finding":"In this ticker's completed record, 68.4% of comparable cases moved lower after 12 weeks, with an average move of -11.0% across 19 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, 87.5% of completed 12-week outcomes were higher across 8 cases. Distinct visits lasted 3.1 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 13.0% across 23 completed cases, with the largest move arriving after 6.0 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":[{"date":"2025-08-22","price":4.045986},{"date":"2025-09-05","price":4.125493},{"date":"2025-09-19","price":4.098991},{"date":"2025-10-03","price":4.081322},{"date":"2025-10-17","price":4.284007},{"date":"2025-11-07","price":4.247155},{"date":"2025-11-28","price":4.247155},{"date":"2026-01-16","price":4.22318}],"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":[6.592,6.639,6.8193,7.1642,7.1955,7.321,6.7571,6.4128,6.9492,6.5729,6.9012,5.1959,4.9717,5.2359,5.348,5.5081,6.2687,5.8204,5.6762,5.841,5.3227,5.3392,5.4543,5.3309,4.7797,4.9607,5.4873,5.4955,6.2935,5.9973,5.8328,5.4543,5.5629,5.2586,5.5967,5.7151,5.6728,3.7791,3.7537,3.3986,3.5593,3.6776,3.6692,3.6692,3.7114,3.9841,3.9046,3.5955,3.9841,3.6573,3.5955,3.7191,4.046,3.9841,4.1255,3.9753,4.099,3.9046,4.0813,3.7957,4.284,4.1182,3.6852,4.2472,4.2103,4.0353,4.2472,4.1642,4.4038,4.2195,4.2103,4.0404,4.0115,4.2232,4.2424,4.2039,4.9447,5.0313,5.0794,5.1082,5.2621,5.0409,4.6657,5.012,4.97,5.42,5.43,5.35,5.4108,5.2253,4.0728,4.0728,3.9947,3.8091,3.936,3.7993,4.0435,4.08,3.93,3.71,3.51,3.53,3.52,3.62],"consensus":[0.0,0.0,25.2849,45.1264,22.8445,37.814,-34.8853,-41.6461,29.2099,-38.3321,24.2323,-71.1651,-66.2964,-9.4442,-24.1716,0.0,48.5889,-27.7232,-17.1376,14.2591,-56.4847,-20.9791,0.0,-36.2049,-66.3406,-9.5487,31.7638,0.0,63.7283,0.0,0.0,-29.0421,-8.5541,-31.1977,19.925,13.5643,0.0,-71.576,-37.0472,-64.6739,-23.9539,-10.8484,-37.3174,-24.7897,-10.3919,14.5447,0.0,-42.631,22.9419,-39.4984,-18.7359,0.0,30.2559,8.5503,29.0491,0.0,24.2785,-21.042,17.3474,-33.6418,49.4957,0.0,-47.8713,47.6447,0.0,-12.1966,37.7218,0.0,35.8217,-11.6939,9.1224,-26.6396,-9.1962,23.1888,15.7878,0.0,71.6096,52.6358,48.8987,37.1385,38.2402,0.0,-34.3957,36.8242,0.0,54.0293,28.6676,16.5275,34.8272,-12.3576,-71.1152,-33.1855,-47.7944,-56.7898,-12.5948,-48.0931,8.1477,0.0,-30.7079,-52.1966,-60.5195,-40.8102,-31.6264,-4.844],"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":[35.4214,3.1789,24.6468,0.0,23.3063,-26.8575,17.8791,-39.4081,47.5618,0.0,-50.0476,36.9794,0.0,-14.7605,38.2472,0.0,35.688,-24.5894,13.2389,-31.5476,-0.0572,25.1467,19.3289,0.0,66.6427,54.5316,50.4919,30.2083,27.5254,0.0,-33.2219,44.2644,0.0,54.4227,22.4117,11.2761,34.797,-12.0592,-65.078,-25.9403,-48.5354,-56.4094,-6.5418,-52.847,12.5874,0.0,-34.5338,-61.4215,-64.9846,-42.3547,-26.5628,-0.9565],"force":[45.2593,1.7149,30.6902,0.0,35.3739,-36.5586,24.8706,-49.0594,75.0961,0.0,-67.9211,82.3937,0.0,-25.4516,40.9734,0.0,39.837,-34.2977,5.0996,-40.2351,-4.8842,38.0337,14.8412,0.0,96.6384,38.108,29.7009,16.3876,38.5615,0.0,-65.0102,52.9928,0.0,64.1948,8.9856,5.4282,26.5277,-35.6871,-98.8705,-8.1256,-27.5528,-46.6262,-24.9666,-32.8796,50.8912,0.0,-24.4585,-52.293,-55.7545,-16.5386,-10.161,-28.0903],"direction":[13.6357,19.5716,32.9081,0.0,17.4644,-3.3124,11.3661,-16.039,33.4199,0.0,-31.0629,35.0127,0.0,-0.2015,34.7989,0.0,33.1063,-19.1893,7.2914,-11.3194,-22.8514,10.3476,12.4171,0.0,59.4083,60.8461,60.7907,59.8807,50.2563,0.0,-13.8698,16.7722,0.0,46.3186,49.8758,38.2119,40.79,-3.9653,-58.1899,-59.3656,-61.4058,-64.4843,-46.3421,-53.5269,27.4573,0.0,-30.7993,-41.5851,-58.82,-56.3819,-52.7457,-32.8114],"intensity":[42.3077,9.6154,15.3846,13.4615,9.6154,28.8462,25.0,40.3846,76.9231,65.3846,67.3077,88.4615,75.0,26.9231,34.6154,3.8462,38.4615,30.7692,38.4615,23.0769,44.2308,61.5385,5.7692,15.3846,94.2308,90.3846,3.8462,46.1538,96.1538,92.3077,71.1538,65.3846,19.2308,80.7692,53.8462,3.8462,3.8462,38.4615,100.0,98.0769,9.6154,40.3846,21.1538,25.0,50.0,53.8462,25.0,46.1538,55.7692,1.9231,38.4615,11.5385],"confirmation":[78.0604,25.2763,77.4128,28.9678,76.1221,52.451,73.7723,79.1474,84.6483,28.7679,83.8967,84.4678,2.9368,49.6441,80.1621,25.7967,79.5873,30.9948,25.4005,76.8642,25.6312,75.843,72.9693,24.5673,91.7535,84.3718,83.0382,79.3575,80.4099,7.8643,79.9575,80.1631,25.3389,85.5932,76.6691,51.1911,78.8922,50.8492,91.6947,77.966,82.666,85.8688,8.3041,82.8537,32.3665,3.7018,77.5778,84.5653,87.153,80.296,77.5434,14.5982],"persistence":[0.0,0.0,12.5,25.0,25.0,25.0,50.0,37.5,37.5,25.0,0.0,12.5,0.0,0.0,0.0,12.5,12.5,0.0,25.0,0.0,12.5,12.5,12.5,12.5,12.5,37.5,37.5,62.5,87.5,75.0,50.0,62.5,50.0,50.0,50.0,50.0,50.0,37.5,37.5,12.5,0.0,25.0,50.0,75.0,75.0,62.5,62.5,62.5,62.5,62.5,62.5,50.0],"assessmentRisk":[0.7722,41.5483,34.8454,45.4703,0.1374,6.4633,18.6848,15.7885,6.9121,37.3645,22.1888,22.0516,15.0808,8.3285,29.2618,12.2271,11.563,33.9291,11.0085,7.1451,40.0415,10.8466,1.2573,30.8511,14.1501,23.5602,25.4792,31.3946,25.2652,3.4531,29.1287,35.7477,41.2344,16.9556,35.2782,33.6034,28.6198,30.0331,14.3685,33.2962,26.0511,21.5592,11.2886,7.8,2.7579,33.1568,14.4193,12.5964,16.2075,26.4534,26.8934,26.4868],"volumeParticipation":true,"latest":{"consensus":-4.8,"control":-1.0,"force":-28.1,"direction":-32.8,"confirmation":14.6,"persistence":50.0,"assessmentRisk":26.5,"intensity":11.5,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-4.8","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-1.0","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-28.1","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-32.8","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"15/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"37.8","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"9.8%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"26.4","detail":"Directional","tone":"positive"},{"label":"Range position","value":"10%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned 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