{"schema_version":"1.0","name":"SAMBHV Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"5d8e4944-bf17-4966-afaf-4c961ba5d11f","symbol":"SAMBHV","name":"SAMBHV STEEL TUBES LTD","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Basic Materials","industry":"Steel"},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","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, Range pressure and compression, Directional strength and control, Acceleration, deceleration and rollover, 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":59,"displayedObservations":59,"assetType":"Equity","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","evidenceAlignment":{"status":"Evidence aligned","headline":"Upward price structure retains strong Market Dynamics support","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","take":"The advance remains supported. Reclassify it only if the broader Market Dynamics path weakens or price structure breaks.","tone":"positive","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[-0.925234,-1.256875,-1.3193,-1.332451,-1.093535,-0.562654,-0.09273,0.283726,0.436654,0.373958,0.340398,0.505978,0.75483,0.939809,1.082681,1.105454,1.128981,1.053113,0.88783,0.644921,0.318675,0.088962,0.004284,-0.030766,-0.008919,0.00035,0.041434,0.029703,0.066697,0.118373,0.133407],"opens":[92.629997,93.519997,86.050003,86.949997,92.290001,100.25,104.68,92.0,93.5,89.18,93.5,93.0,101.5,109.330002,123.129997,119.449997,120.0,136.0,109.0,108.440002,105.989998,105.5,107.959999,110.690002,116.5,119.190002,118.0,118.0,116.0,122.07,117.0],"highs":[94.400002,94.0,93.900002,93.800003,100.5,106.599998,106.989998,99.599998,94.599998,95.900002,98.279999,102.389999,117.68,124.089996,123.129997,125.900002,135.0,141.320007,112.5,110.379997,107.0,109.0,110.5,110.690002,118.199997,121.800003,127.699997,119.900002,123.550003,129.5,122.75],"lows":[89.0,82.480003,81.419998,85.989998,91.800003,95.120003,96.449997,92.0,87.959999,86.0,89.959999,90.0,99.32,108.699997,117.199997,118.010002,118.5,109.0,104.720001,103.440002,105.5,105.099998,107.0,110.690002,114.599998,117.010002,117.110001,113.0,114.910004,115.5,116.089996],"closes":[93.25,86.230003,90.660004,91.540001,100.120003,103.849998,99.889999,94.699997,89.18,94.480003,93.440002,100.870003,112.209999,122.010002,118.139999,118.709999,129.570007,111.07,106.510002,104.059998,105.709999,108.440002,109.639999,110.690002,115.040001,118.650002,118.959999,115.919998,120.099998,116.889999,121.059998],"pressureRange":[-1.518994,1.518994],"priceRange":[86.230003,129.570007],"zones":{"accumulationBoundary":0.06,"distributionBoundary":0.94},"latest":0.133407,"state":"Positive and strengthening","context":{"scenario":"positiveSustained","latestDirection":"slight strengthening","fourWeekDirection":"strengthening","now":{"label":"Slightly 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 and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Sustained positive support","detail":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","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 remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","annotations":[{"label":"Current tape relationship","value":"Sustained positive support","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":"6 Mar 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Supported","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":31,"relationship":{"sameWeekCorrelation":0.21,"forwardCorrelation":-0.16,"directionalAgreement":26.9,"sample":26,"correlationSample":30,"label":"Variable relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":20.4,"averageReturn":20.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":41.5,"averageReturn":41.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":34.4,"averageReturn":34.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":5.1,"sample":1},{"week":2,"averageReturn":6.2,"sample":1},{"week":3,"averageReturn":16.1,"sample":1},{"week":4,"averageReturn":20.4,"sample":1},{"week":5,"averageReturn":15.8,"sample":1},{"week":6,"averageReturn":9.8,"sample":1},{"week":7,"averageReturn":3.4,"sample":1},{"week":8,"averageReturn":9.6,"sample":1},{"week":9,"averageReturn":8.4,"sample":1},{"week":10,"averageReturn":17.0,"sample":1},{"week":11,"averageReturn":30.1,"sample":1},{"week":12,"averageReturn":41.5,"sample":1},{"week":13,"averageReturn":37.0,"sample":1},{"week":14,"averageReturn":37.7,"sample":1},{"week":15,"averageReturn":50.3,"sample":1},{"week":16,"averageReturn":28.8,"sample":1},{"week":17,"averageReturn":23.5,"sample":1},{"week":18,"averageReturn":20.7,"sample":1},{"week":19,"averageReturn":22.6,"sample":1},{"week":20,"averageReturn":25.8,"sample":1},{"week":21,"averageReturn":27.1,"sample":1},{"week":22,"averageReturn":28.4,"sample":1},{"week":23,"averageReturn":33.4,"sample":1},{"week":24,"averageReturn":37.6,"sample":1},{"week":25,"averageReturn":38.0,"sample":1},{"week":26,"averageReturn":34.4,"sample":1}]},"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":-18.4,"averageReturn":-18.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-7.3,"averageReturn":-7.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-14.3,"sample":1},{"week":2,"averageReturn":-17.8,"sample":1},{"week":3,"averageReturn":-19.7,"sample":1},{"week":4,"averageReturn":-18.4,"sample":1},{"week":5,"averageReturn":-16.3,"sample":1},{"week":6,"averageReturn":-15.4,"sample":1},{"week":7,"averageReturn":-14.6,"sample":1},{"week":8,"averageReturn":-11.2,"sample":1},{"week":9,"averageReturn":-8.4,"sample":1},{"week":10,"averageReturn":-8.2,"sample":1},{"week":11,"averageReturn":-10.5,"sample":1},{"week":12,"averageReturn":-7.3,"sample":1},{"week":13,"averageReturn":-9.8,"sample":1},{"week":14,"averageReturn":-6.6,"sample":1},{"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":5,"completedEpisodes":2,"activeEpisodes":3,"medianExpectedMove":32.6,"averageExpectedMove":32.6,"averageWeeksToLargestMove":7.0,"horizons":[{"weeks":4,"sample":4,"expectedCount":3,"expectedPercent":75.0,"averageReturn":7.8,"medianReturn":7.5,"confidenceLow":30.1,"confidenceHigh":95.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":9.8,"medianReturn":9.8,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.7,"sample":4},{"week":2,"averageReturn":5.8,"sample":4},{"week":3,"averageReturn":6.3,"sample":4},{"week":4,"averageReturn":7.8,"sample":4},{"week":5,"averageReturn":13.7,"sample":4},{"week":6,"averageReturn":16.2,"sample":3},{"week":7,"averageReturn":12.3,"sample":3},{"week":8,"averageReturn":13.0,"sample":3},{"week":9,"averageReturn":20.8,"sample":2},{"week":10,"averageReturn":12.4,"sample":2},{"week":11,"averageReturn":10.6,"sample":2},{"week":12,"averageReturn":9.8,"sample":2},{"week":13,"averageReturn":12.8,"sample":2},{"week":14,"averageReturn":16.1,"sample":2},{"week":15,"averageReturn":16.9,"sample":2},{"week":16,"averageReturn":15.9,"sample":2},{"week":17,"averageReturn":20.3,"sample":2},{"week":18,"averageReturn":20.6,"sample":2},{"week":19,"averageReturn":22.8,"sample":2},{"week":20,"averageReturn":22.4,"sample":1},{"week":21,"averageReturn":26.8,"sample":1},{"week":22,"averageReturn":23.4,"sample":1},{"week":23,"averageReturn":27.8,"sample":1},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","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}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":10.9,"averageExpectedMove":10.9,"averageWeeksToLargestMove":4.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-3.1,"medianReturn":-3.1,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":29.4,"medianReturn":29.4,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":20.9,"medianReturn":20.9,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.8,"sample":2},{"week":2,"averageReturn":3.5,"sample":2},{"week":3,"averageReturn":1.0,"sample":2},{"week":4,"averageReturn":-3.1,"sample":2},{"week":5,"averageReturn":1.4,"sample":2},{"week":6,"averageReturn":-0.5,"sample":2},{"week":7,"averageReturn":5.1,"sample":2},{"week":8,"averageReturn":12.1,"sample":1},{"week":9,"averageReturn":21.9,"sample":1},{"week":10,"averageReturn":18.0,"sample":1},{"week":11,"averageReturn":18.6,"sample":1},{"week":12,"averageReturn":29.4,"sample":1},{"week":13,"averageReturn":10.9,"sample":1},{"week":14,"averageReturn":6.4,"sample":1},{"week":15,"averageReturn":3.9,"sample":1},{"week":16,"averageReturn":5.6,"sample":1},{"week":17,"averageReturn":8.3,"sample":1},{"week":18,"averageReturn":9.5,"sample":1},{"week":19,"averageReturn":10.6,"sample":1},{"week":20,"averageReturn":14.9,"sample":1},{"week":21,"averageReturn":18.5,"sample":1},{"week":22,"averageReturn":18.8,"sample":1},{"week":23,"averageReturn":15.8,"sample":1},{"week":24,"averageReturn":20.0,"sample":1},{"week":25,"averageReturn":16.7,"sample":1},{"week":26,"averageReturn":20.9,"sample":1}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":26.7,"averageExpectedMove":26.7,"averageWeeksToLargestMove":9.5,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":11.7,"medianReturn":11.7,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":11.9,"medianReturn":11.9,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.8,"sample":3},{"week":2,"averageReturn":-0.8,"sample":2},{"week":3,"averageReturn":4.1,"sample":2},{"week":4,"averageReturn":11.7,"sample":2},{"week":5,"averageReturn":17.8,"sample":2},{"week":6,"averageReturn":16.1,"sample":2},{"week":7,"averageReturn":18.3,"sample":2},{"week":8,"averageReturn":26.1,"sample":2},{"week":9,"averageReturn":15.8,"sample":2},{"week":10,"averageReturn":11.9,"sample":2},{"week":11,"averageReturn":12.4,"sample":2},{"week":12,"averageReturn":11.9,"sample":2},{"week":13,"averageReturn":15.3,"sample":2},{"week":14,"averageReturn":22.9,"sample":1},{"week":15,"averageReturn":24.1,"sample":1},{"week":16,"averageReturn":29.0,"sample":1},{"week":17,"averageReturn":33.0,"sample":1},{"week":18,"averageReturn":33.4,"sample":1},{"week":19,"averageReturn":30.0,"sample":1},{"week":20,"averageReturn":34.7,"sample":1},{"week":21,"averageReturn":31.1,"sample":1},{"week":22,"averageReturn":35.7,"sample":1},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]}},"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":"Evidence aligned","tone":"positive","headline":"Price and Market Dynamics remain aligned upward","use":"The advance retains underlying support while price structure and Market Dynamics remain intact.","confirm":"The advance remains supported. Reclassify it only if the broader Market Dynamics path weakens or price structure breaks.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":100.0,"averageReturn":9.8,"sample":2},"nowContext":{"label":"Slightly 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 structure is upward","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":"Trend participation","title":"Let confirmation support the position, then manage extension","tone":"positive","approach":"This is most useful for holding or selectively adding to an established upward case. Risk should still tighten as price becomes extended; confirmation is support, not immunity from reversal.","finding":"In this ticker's completed record, 100.0% of comparable cases moved higher after 12 weeks, with an average move of 9.8% across 2 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 1 cases. Distinct visits lasted 1.0 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 26.7% across 2 completed cases, with the largest move arriving after 9.5 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":"2026-03-06","price":94.699997}],"distribution_rollovers":[{"date":"2026-05-15","price":111.07}],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["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":[102.43,124.86,126.69,132.64,124.39,120.35,120.31,129.56,120.45,122.07,120.02,123.53,114.6,117.17,114.87,108.3,111.66,112.35,121.59,110.18,105.93,104.97,95.04,95.13,93.63,97.47,97.53,92.08,93.25,86.23,90.66,91.54,100.12,103.85,99.89,94.7,89.18,94.48,93.44,100.87,112.21,122.01,118.14,118.71,129.57,111.07,106.51,104.06,105.71,108.44,109.64,110.69,115.04,118.65,118.96,115.92,120.1,116.89,121.06],"consensus":[-16.2034,75.1495,14.3598,-23.9284,32.5993,0.0,0.0,36.0345,-19.6699,0.0,-8.447,10.8147,-35.2422,0.0,-23.6611,-46.7247,0.0,-9.8823,39.6838,-36.4427,-37.4996,-26.2235,-60.8905,-25.684,-36.3431,-14.6371,-10.22,-44.9231,-9.2091,-51.127,0.0,0.0,40.2362,37.0751,0.0,-13.0373,-45.3893,10.9273,-14.9175,41.5834,61.592,68.8817,15.7656,24.8549,67.4587,-39.7035,-27.3258,-31.1207,-20.3048,11.4176,14.1035,12.7573,19.0843,28.295,19.4957,0.0,36.4483,-16.305,34.2458],"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":[49.0752,-25.8088,0.0,-13.461,18.7245,-39.3739,0.0,-24.3957,-46.0287,0.0,-6.4842,42.9593,-42.4432,-43.3071,-25.1242,-64.8096,-16.2905,-34.6786,-8.4877,-12.0698,-51.6747,-6.4677,-50.9132,0.0,0.0,40.9751,30.2364,0.0,-19.6423,-45.3183,19.5653,-11.1692,38.5016,53.2279,68.2773,1.6494,11.3514,61.7107,-36.816,-24.8007,-32.0486,-18.8261,21.1515,16.8371,8.8814,10.6668,23.8422,10.8831,0.0,34.6985,-14.2422,38.4374],"force":[29.6339,-38.2894,0.0,-17.2451,10.1509,-43.0308,0.0,-26.0745,-44.0046,0.0,-1.3764,58.1754,-58.5128,-33.1754,-13.6711,-60.1859,-2.7076,-17.4654,-8.7659,-4.5217,-45.1886,-12.3715,-51.0792,0.0,0.0,67.7606,48.4624,0.0,-16.3118,-55.7702,41.1917,-14.5981,67.3277,84.9576,79.0598,21.5814,2.0108,82.2957,-92.9022,-42.8478,-34.2704,-14.3542,17.2266,14.9963,9.7462,11.1259,15.6905,4.6893,0.0,42.8305,-53.2985,38.7131],"direction":[25.7026,-0.6457,0.0,-3.5677,2.2492,-24.9571,0.0,-21.0978,-49.4629,0.0,-19.8413,22.732,-13.8205,-33.9513,-36.4458,-56.9147,-52.8312,-51.7294,-38.3815,-18.6356,-37.0174,-27.7568,-51.4055,0.0,0.0,19.7315,36.757,0.0,-3.1498,-38.0554,20.5621,-19.4293,26.7166,54.4612,62.3023,58.5749,56.6047,63.4301,-5.0044,-19.1246,-27.8103,-26.2451,3.8563,10.3418,19.3377,34.3889,42.3871,39.9146,0.0,33.8895,-7.7616,26.2644],"intensity":[28.5714,25.0,11.1111,10.0,27.2727,41.6667,38.4615,35.7143,46.6667,12.5,5.8824,66.6667,78.9474,40.0,14.2857,77.2727,52.1739,33.3333,36.0,11.5385,40.7407,10.7143,55.1724,36.6667,38.7097,62.5,48.4848,29.4118,60.0,41.6667,40.5405,28.9474,64.1026,95.0,82.9268,64.2857,9.3023,86.3636,97.7778,100.0,6.383,18.75,10.2041,4.0,29.4118,61.5385,28.8462,48.0769,69.2308,38.4615,51.9231,57.6923],"confirmation":[79.1373,52.2394,24.9159,48.9892,48.6533,79.4519,27.3994,75.6339,82.8796,3.5152,25.6215,81.2124,80.2428,79.7796,76.0257,87.4038,52.9951,79.0798,28.6011,49.0909,82.2806,4.9702,84.3624,7.1256,3.8459,81.7032,80.3153,28.9268,49.5044,82.842,31.3407,72.821,82.1382,88.549,90.3615,8.7259,52.7965,90.1266,59.7037,77.2558,78.0405,74.3387,49.8383,72.4987,72.0496,73.9927,76.7381,51.252,4.3208,79.8846,53.3656,87.0309],"persistence":[25.0,25.0,12.5,12.5,12.5,12.5,12.5,25.0,50.0,37.5,50.0,25.0,50.0,50.0,62.5,62.5,62.5,75.0,75.0,100.0,100.0,100.0,100.0,87.5,75.0,50.0,25.0,12.5,12.5,12.5,12.5,0.0,12.5,12.5,12.5,25.0,50.0,75.0,50.0,50.0,25.0,0.0,0.0,0.0,0.0,0.0,25.0,50.0,62.5,87.5,62.5,62.5],"assessmentRisk":[33.9814,9.4095,5.5318,2.5724,36.2251,12.0396,28.8968,24.8042,26.1803,22.9966,31.8948,21.5767,32.3821,19.0243,30.7279,19.5439,36.5803,30.5709,36.5199,26.6192,2.6926,1.0755,22.8863,39.7497,3.6378,24.4375,31.3937,49.8025,37.4766,26.449,53.4291,36.4449,20.8589,19.1756,15.548,42.0992,37.3777,15.9187,23.7711,30.7676,31.7462,39.5887,21.9374,12.1516,28.444,32.645,30.6899,34.9134,31.3575,14.1836,6.5527,12.9733],"volumeParticipation":true,"latest":{"consensus":34.2,"control":38.4,"force":38.7,"direction":26.3,"confirmation":87.0,"persistence":62.5,"assessmentRisk":13.0,"intensity":57.7,"evidenceDepth":100},"analysis":{"status":"Joint upward confirmation","headline":"The gauges support the upward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same upward assessment.","take":"Current assessment: upward pressure has broad support.","tone":"positive","supportedView":"Price structure and Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is strengthening","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+34.2","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+38.4","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+38.7","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+26.3","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"87/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"61.6","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"7.6%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"26.9","detail":"Directional","tone":"positive"},{"label":"Range position","value":"63%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned upward.","series":[{"label":"Close","values":[102.43,124.86,126.69,132.64,124.39,120.35,120.31,129.56,120.45,122.07,120.02,123.53,114.6,117.17,114.87,108.3,111.66,112.35,121.59,110.18,105.93,104.97,95.04,95.13,93.63,97.47,97.53,92.08,93.25,86.23,90.66,91.54,100.12,103.85,99.89,94.7,89.18,94.48,93.44,100.87,112.21,122.01,118.14,118.71,129.57,111.07,106.51,104.06,105.71,108.44,109.64,110.69,115.04,118.65,118.96,115.92,120.1,116.89,121.06],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,116.1032,116.8753,117.4998,119.6926,119.8303,120.2375,120.198,120.8038,119.6758,119.2202,118.4293,116.5876,115.6917,115.0841,116.267,115.1603,113.482,111.9344,108.8627,106.3658,104.0502,102.8538,101.8859,100.103,98.857,96.5612,95.4882,94.7704,95.743,97.217,97.703,97.157,95.7066,95.4836,95.1121,96.159,99.0773,103.2469,105.9547,108.2739,112.1459,111.9503,110.9611,109.7064,108.9798,108.8816,109.0195,109.3232,110.3627,111.8694,113.1586,113.6607,114.8315,115.2058,116.2702],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,114.5519,114.7458,114.755,114.2769,114.083,113.9546,114.5202,114.1987,113.5862,112.948,111.6215,110.3999,109.1577,108.2919,107.4947,106.3529,105.3823,103.9636,102.9782,102.1309,101.9819,102.1203,101.9551,101.4177,100.5112,100.0644,99.5737,99.6698,100.5987,102.1847,103.3666,104.5031,106.3599,106.7088,106.6941,106.499,106.4405,106.5886,106.8147,107.1017,107.6897,108.5016,109.2763,109.7684,110.5337,111.0046,111.7494],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,137.8128,136.9424,136.4475,135.9022,135.2585,134.7396,134.8433,134.4531,134.0132,133.7813,133.5157,132.9633,132.9813,133.9159,132.748,132.7859,132.4619,131.8602,129.6437,128.6477,127.6967,126.1489,123.3362,121.896,120.0073,118.1964,117.3193,115.9113,113.9205,108.341,106.3161,108.0979,113.0728,116.6177,119.7563,125.2,126.1779,126.6134,126.7468,126.9612,126.7243,126.7767,126.7913,127.6176,128.8596,129.9595,130.1211,129.6094,128.9967,128.0696],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,106.9372,107.3794,108.1025,107.4671,107.4658,107.1191,105.4367,104.8292,104.459,104.9387,104.2863,105.1887,103.1817,99.0821,96.499,93.3851,91.4211,89.7448,88.2133,86.4893,83.8563,82.4681,82.0818,82.074,82.6307,82.9436,82.4607,81.6207,81.8245,84.589,85.6829,84.5291,81.2582,80.0233,79.2427,77.393,77.7751,78.2376,79.3022,80.3338,82.7917,84.6373,86.5377,87.2034,87.4414,88.2485,90.2089,93.8126,96.6663,100.3554],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,4.8622,7.6802,11.3833,11.1798,11.1476,12.3137,8.5665,13.3422],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":[null,null,null,null,null,null,null,null,null,null,null,null,null,11.2053,11.1716,11.4956,10.8727,10.5236,9.6861,10.7989,10.9147,10.8055,11.9929,11.9494,11.8168,11.2271,11.2676,11.549,11.0032,12.0033,11.5845,11.2631,10.2015,9.9222,10.3324,10.7153,11.1057,10.4824,10.478,9.8902,9.4244,8.9493,8.9408,8.7371,8.3426,11.1155,11.2852,11.2022,10.4383,9.7056,9.1417,8.476,8.0392,7.6448,7.7161,7.7781,7.485,7.9967,7.5627],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,25.2303,24.2001,23.1813,23.3679,22.9006,22.8402,24.4769,24.7606,24.7863,24.1645,24.5829,23.3251,25.2365,29.9005,31.6245,34.8416,36.6627,38.0095,38.0344,39.1922,41.4463,41.8765,40.1663,39.0469,36.89,35.053,34.897,34.7191,32.7937,24.6224,21.4931,24.4709,32.7427,37.2196,40.7175,47.1952,47.4646,47.2303,46.0518,44.9866,41.9372,39.8643,37.7386,37.6259,38.2968,38.2305,36.2294,32.0441,28.6536,24.2655],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,15.4452,15.8841,16.6067,17.9965,19.3931,20.69,20.4634,19.2042,17.9722,17.4927,17.5854,17.9178,17.7671,16.89,17.274,18.2202,19.0987,20.1652,21.8701,21.9548,21.4532,20.8166,20.2254,19.9036,19.7764,19.681,20.4174,21.4418,22.8933,23.4864,24.3642,25.659,26.8613],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,12.2662,13.5066,12.9277,12.7808,13.032,15.7813,14.5051,13.8608,13.1198,12.1233,11.2876,10.8656,13.4582,12.4443,11.9411,11.4922,10.5786,9.6807,9.1569,13.2687,16.4413,15.5119,14.6504,13.9382,12.943,13.8938,15.6039,23.9963,25.7737,24.7401,25.3035,28.5578,23.2178,22.1444,21.2027,20.7992,21.606,22.1361,22.1038,26.622,28.0397,30.3202,28.6628,29.5953,30.9758,29.3663],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,9.3527,8.8852,11.7173,11.1575,10.6385,9.9172,11.0303,12.3999,13.6954,17.2863,20.9457,19.9829,18.7607,19.2974,18.5171,19.5683,22.5121,21.3223,20.1686,18.9048,17.4004,16.1311,18.3676,20.3885,20.3463,19.1113,17.4159,15.2562,13.7202,13.17,12.4544,11.0965,14.5179,16.3901,16.4774,16.1638,15.736,15.3435,15.2208,14.338,13.5747,12.4561,15.0312,13.9993,12.5016,11.852],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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":"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":[null,null,null,null,null,null,null,null,null,null,null,null,4.5354,4.0465,3.4339,2.3907,1.8141,1.3968,1.791,1.1692,0.3297,-0.4083,-1.7741,-2.8167,-3.7211,-4.081,-4.3117,-4.878,-5.1728,-5.9048,-6.0576,-6.0381,-5.2696,-4.3099,-3.8247,-3.8151,-4.2044,-4.0387,-3.9458,-3.2353,-1.7372,0.2381,1.4742,2.4714,4.0908,3.8372,3.231,2.5238,2.0726,1.9132,1.8623,1.8849,2.2282,2.7597,3.1694,3.2118,3.5419,3.504,3.7671],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,3.4569,3.0449,2.7941,2.4691,2.0413,1.5513,0.8863,0.1457,-0.6277,-1.3184,-1.917,-2.5092,-3.0419,-3.6145,-4.1031,-4.4901,-4.646,-4.5788,-4.428,-4.3054,-4.2852,-4.2359,-4.1779,-3.9893,-3.5389,-2.7835,-1.932,-1.0513,-0.0229,0.7491,1.2455,1.5012,1.6155,1.675,1.7125,1.747,1.8432,2.0265,2.2551,2.4464,2.6655,2.8332,3.02],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-1.6428,-1.6481,-1.0031,-1.2999,-1.7115,-1.9597,-2.6603,-2.9624,-3.0934,-2.7626,-2.3946,-2.3688,-2.1309,-2.2903,-1.9545,-1.548,-0.6236,0.2689,0.6032,0.4903,0.0808,0.1972,0.2321,0.754,1.8017,3.0216,3.4062,3.5227,4.1137,3.0881,1.9855,1.0226,0.4571,0.2382,0.1498,0.138,0.385,0.7332,0.9143,0.7654,0.8763,0.6708,0.7471],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":[null,null,null,null,null,null,null,21.1017,9.3424,10.9719,14.4755,16.6723,12.0762,19.5078,15.3934,12.9775,7.3876,16.3079,20.5375,27.4513,13.2004,14.5915,26.0803,55.7081,31.9223,47.4076,234.7368,116.7324,69.3554,79.8014,80.1188,71.2594,99.0027,148.2508,99.5584,51.2021,115.8899,118.2332,102.3304,122.6145,190.7303,126.4426,77.7558,76.3288,176.9911,374.3798,119.2413,68.6344,8.0376,12.476,11.1555,0.0,26.0108,23.1399,152.3755,58.4823,113.5066,291.471,83.7877],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,131.5774,131.0627,131.6128,130.9442,131.66,131.1769,131.9118,131.365,130.9292,131.1637,131.657,132.252,131.486,131.1687,130.931,130.6018,130.9925,130.8128,131.0562,132.3501,131.747,132.0997,131.6999,132.0902,132.4237,132.886,133.5749,133.1167,132.8863,132.3471,132.9008,132.4279,132.9815,133.9,134.534,134.1417,134.5266,135.0,132.5869,131.8505,131.4327,131.4805,131.5525,131.6152,131.6152,131.7528,131.8687,132.6577,132.3526,132.9484,131.2506,131.7396],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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/5d8e4944-bf17-4966-afaf-4c961ba5d11f/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/5d8e4944-bf17-4966-afaf-4c961ba5d11f/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/5d8e4944-bf17-4966-afaf-4c961ba5d11f/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/5d8e4944-bf17-4966-afaf-4c961ba5d11f/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/5d8e4944-bf17-4966-afaf-4c961ba5d11f/technical-pack/data.json"},"source_fingerprint":"4759b8f6ec1ef6f391f378d61e2970630f50ad0937b07756395531e8df592ea2","content_hash":"41afbe06f84f7698a847a1ad873a7a3d72f3a2ea9da05d5da1182408f387f2c4","citation":"Sharemaestro, SAMBHV Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/5d8e4944-bf17-4966-afaf-4c961ba5d11f/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."}