{"schema_version":"1.0","name":"XDIV Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"6392fdb0-5174-4fc6-a201-a9955c5902aa","symbol":"XDIV","name":"ROUNDHILL S&P 500 NO DIVIDEND TARGET ETF","exchange":"CBOE","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","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, Range position and boundary pressure, Acceleration, deceleration and rollover, Directional strength and control, 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":"2026-08-21","observations":59,"displayedObservations":59,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","evidenceAlignment":{"status":"Rollover warning","headline":"Price has moved below distribution as Market Dynamics weakened","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","take":"The prior extension has started to roll over. Further price weakness would confirm the downside transition; a recovery in both readings would remove the warning.","tone":"negative","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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","2026-08-21"],"values":[0.424322,0.456388,0.394597,0.006591,-0.146428,-0.261403,-0.555297,-0.600518,-0.713737,-0.820132,-0.830692,-0.698742,-0.450144,-0.123474,0.326253,0.67705,0.873751,0.950094,0.919223,0.792276,0.645458,0.689503,0.596817,0.594204,0.61982,0.409746,0.337031,0.191067,0.192892,0.295056,0.268522],"opens":[27.71,27.97,28.07,28.0,27.65,27.95,27.62,27.08,27.14,26.82,26.0,26.75,27.52,28.9,29.07,29.34,29.9705,30.25,30.51,30.8,30.24,30.63,30.54,30.05,30.51,30.72,30.5,30.35,30.6,31.55,31.7],"highs":[28.05,28.369,28.339,28.3,28.03,28.1652,27.95,27.695,27.39,26.97,26.81,27.79,29.0,29.14,29.5,30.05,30.48,30.47,31.0,30.96,30.37,30.8,30.62,30.65,30.78,30.808,30.57,30.54,31.68,31.76,31.7],"lows":[27.47,27.93,27.47,27.63,27.454,27.64,27.2,26.855,26.24,25.8,25.62,26.51,27.52,28.63,28.85,29.18,29.8,29.81,30.47,29.985,29.43,30.1,29.7,29.9,30.21,30.23,30.0,29.79,30.6,31.4,31.08],"closes":[27.95,28.0793,28.11,27.63,28.03,27.865,27.3443,26.89,26.365,25.82,26.75,27.62,28.9102,29.12,29.36,30.05,30.11,30.38,30.8093,30.0597,30.23,30.52,29.85,30.45,30.75,30.29,30.11,30.5,31.54,31.6625,31.25],"hoverRows":[[{"label":"Open","value":"27.7","className":"is-ohlc","compact":true},{"label":"High","value":"28.1","className":"is-ohlc","compact":true},{"label":"Low","value":"27.5","className":"is-ohlc","compact":true},{"label":"Close","value":"27.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.42","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"28.0","className":"is-ohlc","compact":true},{"label":"High","value":"28.4","className":"is-ohlc","compact":true},{"label":"Low","value":"27.9","className":"is-ohlc","compact":true},{"label":"Close","value":"28.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.46","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"28.1","className":"is-ohlc","compact":true},{"label":"High","value":"28.3","className":"is-ohlc","compact":true},{"label":"Low","value":"27.5","className":"is-ohlc","compact":true},{"label":"Close","value":"28.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.39","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"28.0","className":"is-ohlc","compact":true},{"label":"High","value":"28.3","className":"is-ohlc","compact":true},{"label":"Low","value":"27.6","className":"is-ohlc","compact":true},{"label":"Close","value":"27.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.01","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"27.6","className":"is-ohlc","compact":true},{"label":"High","value":"28.0","className":"is-ohlc","compact":true},{"label":"Low","value":"27.5","className":"is-ohlc","compact":true},{"label":"Close","value":"28.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.15","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"27.9","className":"is-ohlc","compact":true},{"label":"High","value":"28.2","className":"is-ohlc","compact":true},{"label":"Low","value":"27.6","className":"is-ohlc","compact":true},{"label":"Close","value":"27.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.26","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"27.6","className":"is-ohlc","compact":true},{"label":"High","value":"27.9","className":"is-ohlc","compact":true},{"label":"Low","value":"27.2","className":"is-ohlc","compact":true},{"label":"Close","value":"27.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.56","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"27.1","className":"is-ohlc","compact":true},{"label":"High","value":"27.7","className":"is-ohlc","compact":true},{"label":"Low","value":"26.9","className":"is-ohlc","compact":true},{"label":"Close","value":"26.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.60","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"27.1","className":"is-ohlc","compact":true},{"label":"High","value":"27.4","className":"is-ohlc","compact":true},{"label":"Low","value":"26.2","className":"is-ohlc","compact":true},{"label":"Close","value":"26.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.71","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.8","className":"is-ohlc","compact":true},{"label":"High","value":"27.0","className":"is-ohlc","compact":true},{"label":"Low","value":"25.8","className":"is-ohlc","compact":true},{"label":"Close","value":"25.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.82","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.0","className":"is-ohlc","compact":true},{"label":"High","value":"26.8","className":"is-ohlc","compact":true},{"label":"Low","value":"25.6","className":"is-ohlc","compact":true},{"label":"Close","value":"26.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.83","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.8","className":"is-ohlc","compact":true},{"label":"High","value":"27.8","className":"is-ohlc","compact":true},{"label":"Low","value":"26.5","className":"is-ohlc","compact":true},{"label":"Close","value":"27.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.70","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"27.5","className":"is-ohlc","compact":true},{"label":"High","value":"29.0","className":"is-ohlc","compact":true},{"label":"Low","value":"27.5","className":"is-ohlc","compact":true},{"label":"Close","value":"28.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.45","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"28.9","className":"is-ohlc","compact":true},{"label":"High","value":"29.1","className":"is-ohlc","compact":true},{"label":"Low","value":"28.6","className":"is-ohlc","compact":true},{"label":"Close","value":"29.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.12","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"29.1","className":"is-ohlc","compact":true},{"label":"High","value":"29.5","className":"is-ohlc","compact":true},{"label":"Low","value":"28.9","className":"is-ohlc","compact":true},{"label":"Close","value":"29.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.33","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"29.3","className":"is-ohlc","compact":true},{"label":"High","value":"30.1","className":"is-ohlc","compact":true},{"label":"Low","value":"29.2","className":"is-ohlc","compact":true},{"label":"Close","value":"30.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.68","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.0","className":"is-ohlc","compact":true},{"label":"High","value":"30.5","className":"is-ohlc","compact":true},{"label":"Low","value":"29.8","className":"is-ohlc","compact":true},{"label":"Close","value":"30.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.87","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.2","className":"is-ohlc","compact":true},{"label":"High","value":"30.5","className":"is-ohlc","compact":true},{"label":"Low","value":"29.8","className":"is-ohlc","compact":true},{"label":"Close","value":"30.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.95","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.5","className":"is-ohlc","compact":true},{"label":"High","value":"31.0","className":"is-ohlc","compact":true},{"label":"Low","value":"30.5","className":"is-ohlc","compact":true},{"label":"Close","value":"30.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.92","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.8","className":"is-ohlc","compact":true},{"label":"High","value":"31.0","className":"is-ohlc","compact":true},{"label":"Low","value":"30.0","className":"is-ohlc","compact":true},{"label":"Close","value":"30.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.79","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"30.2","className":"is-ohlc","compact":true},{"label":"High","value":"30.4","className":"is-ohlc","compact":true},{"label":"Low","value":"29.4","className":"is-ohlc","compact":true},{"label":"Close","value":"30.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.65","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.6","className":"is-ohlc","compact":true},{"label":"High","value":"30.8","className":"is-ohlc","compact":true},{"label":"Low","value":"30.1","className":"is-ohlc","compact":true},{"label":"Close","value":"30.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.69","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.5","className":"is-ohlc","compact":true},{"label":"High","value":"30.6","className":"is-ohlc","compact":true},{"label":"Low","value":"29.7","className":"is-ohlc","compact":true},{"label":"Close","value":"29.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.60","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.1","className":"is-ohlc","compact":true},{"label":"High","value":"30.6","className":"is-ohlc","compact":true},{"label":"Low","value":"29.9","className":"is-ohlc","compact":true},{"label":"Close","value":"30.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.59","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.5","className":"is-ohlc","compact":true},{"label":"High","value":"30.8","className":"is-ohlc","compact":true},{"label":"Low","value":"30.2","className":"is-ohlc","compact":true},{"label":"Close","value":"30.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.62","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.7","className":"is-ohlc","compact":true},{"label":"High","value":"30.8","className":"is-ohlc","compact":true},{"label":"Low","value":"30.2","className":"is-ohlc","compact":true},{"label":"Close","value":"30.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.41","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.5","className":"is-ohlc","compact":true},{"label":"High","value":"30.6","className":"is-ohlc","compact":true},{"label":"Low","value":"30.0","className":"is-ohlc","compact":true},{"label":"Close","value":"30.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.34","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.4","className":"is-ohlc","compact":true},{"label":"High","value":"30.5","className":"is-ohlc","compact":true},{"label":"Low","value":"29.8","className":"is-ohlc","compact":true},{"label":"Close","value":"30.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.19","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.6","className":"is-ohlc","compact":true},{"label":"High","value":"31.7","className":"is-ohlc","compact":true},{"label":"Low","value":"30.6","className":"is-ohlc","compact":true},{"label":"Close","value":"31.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.19","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"31.6","className":"is-ohlc","compact":true},{"label":"High","value":"31.8","className":"is-ohlc","compact":true},{"label":"Low","value":"31.4","className":"is-ohlc","compact":true},{"label":"Close","value":"31.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.30","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"31.7","className":"is-ohlc","compact":true},{"label":"High","value":"31.7","className":"is-ohlc","compact":true},{"label":"Low","value":"31.1","className":"is-ohlc","compact":true},{"label":"Close","value":"31.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.27","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[25.46945,32.01305],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.268522,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"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":"Distribution rollover","detail":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","annotations":[{"label":"Current tape relationship","value":"Distribution rollover","detail":"Market Dynamics eased this week but remains positive.","tone":"negative"},{"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":"2026-08-21","observations":31,"relationship":{"sameWeekCorrelation":0.53,"forwardCorrelation":-0.47,"directionalAgreement":53.8,"sample":26,"correlationSample":30,"label":"Strong 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":12.8,"averageReturn":12.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":18.2,"averageReturn":18.2,"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":3.6,"sample":1},{"week":2,"averageReturn":7.0,"sample":1},{"week":3,"averageReturn":12.0,"sample":1},{"week":4,"averageReturn":12.8,"sample":1},{"week":5,"averageReturn":13.7,"sample":1},{"week":6,"averageReturn":16.4,"sample":1},{"week":7,"averageReturn":16.6,"sample":1},{"week":8,"averageReturn":17.7,"sample":1},{"week":9,"averageReturn":19.3,"sample":1},{"week":10,"averageReturn":16.4,"sample":1},{"week":11,"averageReturn":17.1,"sample":1},{"week":12,"averageReturn":18.2,"sample":1},{"week":13,"averageReturn":15.6,"sample":1},{"week":14,"averageReturn":17.9,"sample":1},{"week":15,"averageReturn":19.1,"sample":1},{"week":16,"averageReturn":17.3,"sample":1},{"week":17,"averageReturn":16.6,"sample":1},{"week":18,"averageReturn":18.1,"sample":1},{"week":19,"averageReturn":22.2,"sample":1},{"week":20,"averageReturn":22.6,"sample":1},{"week":21,"averageReturn":21.0,"sample":1},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":2.0,"medianWeeksInZone":2,"averageWeeksToLower":2.0,"expectedExitPercent":100.0,"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,"averageReturn":0.4,"sample":1},{"week":2,"averageReturn":-0.9,"sample":1},{"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}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":3,"completedEpisodes":1,"activeEpisodes":2,"medianExpectedMove":4.9,"averageExpectedMove":4.9,"averageWeeksToLargestMove":4.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":3.0,"medianReturn":3.8,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":2.6,"medianReturn":2.6,"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":1.5,"sample":3},{"week":2,"averageReturn":2.3,"sample":3},{"week":3,"averageReturn":2.5,"sample":3},{"week":4,"averageReturn":3.0,"sample":3},{"week":5,"averageReturn":3.0,"sample":2},{"week":6,"averageReturn":3.5,"sample":2},{"week":7,"averageReturn":3.3,"sample":2},{"week":8,"averageReturn":1.7,"sample":1},{"week":9,"averageReturn":3.7,"sample":1},{"week":10,"averageReturn":4.7,"sample":1},{"week":11,"averageReturn":3.2,"sample":1},{"week":12,"averageReturn":2.6,"sample":1},{"week":13,"averageReturn":3.9,"sample":1},{"week":14,"averageReturn":7.4,"sample":1},{"week":15,"averageReturn":7.8,"sample":1},{"week":16,"averageReturn":6.4,"sample":1},{"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}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":7.3,"averageExpectedMove":7.3,"averageWeeksToLargestMove":4.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-7.3,"medianReturn":-7.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":9.0,"medianReturn":9.0,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.9,"sample":1},{"week":2,"averageReturn":-3.5,"sample":1},{"week":3,"averageReturn":-5.4,"sample":1},{"week":4,"averageReturn":-7.3,"sample":1},{"week":5,"averageReturn":-4.0,"sample":1},{"week":6,"averageReturn":-0.9,"sample":1},{"week":7,"averageReturn":3.8,"sample":1},{"week":8,"averageReturn":4.5,"sample":1},{"week":9,"averageReturn":5.4,"sample":1},{"week":10,"averageReturn":7.8,"sample":1},{"week":11,"averageReturn":8.1,"sample":1},{"week":12,"averageReturn":9.0,"sample":1},{"week":13,"averageReturn":10.6,"sample":1},{"week":14,"averageReturn":7.9,"sample":1},{"week":15,"averageReturn":8.5,"sample":1},{"week":16,"averageReturn":9.5,"sample":1},{"week":17,"averageReturn":7.1,"sample":1},{"week":18,"averageReturn":9.3,"sample":1},{"week":19,"averageReturn":10.4,"sample":1},{"week":20,"averageReturn":8.7,"sample":1},{"week":21,"averageReturn":8.1,"sample":1},{"week":22,"averageReturn":9.5,"sample":1},{"week":23,"averageReturn":13.2,"sample":1},{"week":24,"averageReturn":13.6,"sample":1},{"week":25,"averageReturn":12.1,"sample":1},{"week":26,"sample":0}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":6.3,"averageExpectedMove":6.3,"averageWeeksToLargestMove":3.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":1.4,"medianReturn":1.4,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":8.8,"medianReturn":8.8,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":11.5,"medianReturn":11.5,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.0,"sample":2},{"week":2,"averageReturn":1.5,"sample":2},{"week":3,"averageReturn":1.1,"sample":2},{"week":4,"averageReturn":1.4,"sample":2},{"week":5,"averageReturn":0.6,"sample":2},{"week":6,"averageReturn":2.7,"sample":2},{"week":7,"averageReturn":5.0,"sample":2},{"week":8,"averageReturn":6.0,"sample":2},{"week":9,"averageReturn":6.7,"sample":2},{"week":10,"averageReturn":7.6,"sample":2},{"week":11,"averageReturn":7.6,"sample":2},{"week":12,"averageReturn":8.8,"sample":2},{"week":13,"averageReturn":9.9,"sample":2},{"week":14,"averageReturn":9.8,"sample":2},{"week":15,"averageReturn":8.1,"sample":2},{"week":16,"averageReturn":9.1,"sample":2},{"week":17,"averageReturn":11.5,"sample":2},{"week":18,"averageReturn":10.6,"sample":2},{"week":19,"averageReturn":10.9,"sample":2},{"week":20,"averageReturn":9.7,"sample":1},{"week":21,"averageReturn":8.1,"sample":1},{"week":22,"averageReturn":7.4,"sample":1},{"week":23,"averageReturn":8.8,"sample":1},{"week":24,"averageReturn":12.5,"sample":1},{"week":25,"averageReturn":13.0,"sample":1},{"week":26,"averageReturn":11.5,"sample":1}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":2,"completedEpisodes":0,"activeEpisodes":2,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":2.7,"medianReturn":2.7,"confidenceLow":34.2,"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":0.7,"sample":2},{"week":2,"averageReturn":1.9,"sample":2},{"week":3,"averageReturn":2.8,"sample":2},{"week":4,"averageReturn":2.7,"sample":2},{"week":5,"averageReturn":2.7,"sample":2},{"week":6,"averageReturn":5.7,"sample":1},{"week":7,"averageReturn":6.1,"sample":1},{"week":8,"averageReturn":4.7,"sample":1},{"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}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":0.8,"averageExpectedMove":0.8,"averageWeeksToLargestMove":1.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":4.3,"medianReturn":4.3,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":4.0,"medianReturn":4.0,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.8,"sample":1},{"week":2,"averageReturn":3.2,"sample":1},{"week":3,"averageReturn":3.4,"sample":1},{"week":4,"averageReturn":4.3,"sample":1},{"week":5,"averageReturn":5.8,"sample":1},{"week":6,"averageReturn":3.2,"sample":1},{"week":7,"averageReturn":3.8,"sample":1},{"week":8,"averageReturn":4.8,"sample":1},{"week":9,"averageReturn":2.5,"sample":1},{"week":10,"averageReturn":4.6,"sample":1},{"week":11,"averageReturn":5.6,"sample":1},{"week":12,"averageReturn":4.0,"sample":1},{"week":13,"averageReturn":3.4,"sample":1},{"week":14,"averageReturn":4.7,"sample":1},{"week":15,"averageReturn":8.3,"sample":1},{"week":16,"averageReturn":8.7,"sample":1},{"week":17,"averageReturn":7.3,"sample":1},{"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":"Rollover warning","tone":"negative","headline":"Price has moved below distribution as Market Dynamics weakened","use":"The upward trend may still be visible, but this transition increases downside risk. Further price weakness would confirm the rollover.","confirm":"Further price weakness with weak Market Dynamics would confirm the rollover.","invalidate":"A recovery in both price and Market Dynamics would remove the rollover warning.","level":"positive","direction":"weakening","zone":"middle","zoneContext":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":0.0,"averageReturn":8.8,"sample":2},"nowContext":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price has moved below distribution","detail":"Price left the upper zone as Market Dynamics weakened."}},"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, 0.0% of comparable cases moved lower after 12 weeks, with an average move of 8.8% across 2 cases.","watch":"A recovery in both price and Market Dynamics would remove the rollover warning."},{"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 unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 6.3% across 2 completed cases, with the largest move arriving after 3.0 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":[],"reversal_warnings":[{"date":"2026-04-24","price":29.12}],"reversal_dangers":[{"date":"2026-06-05","price":30.0597},{"date":"2026-08-14","price":31.6625}]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[25.1708,25.3056,25.7051,25.0787,25.6775,25.96,26.0196,26.01,26.0964,26.5389,26.8654,26.7682,27.14,26.4392,26.8933,27.4371,27.6303,27.147,27.15,26.67,27.6606,27.7594,27.62,27.6143,28.03,27.7148,28.21,28.13,27.95,28.0793,28.11,27.63,28.03,27.865,27.3443,26.89,26.365,25.82,26.75,27.62,28.9102,29.12,29.36,30.05,30.11,30.38,30.8093,30.0597,30.23,30.52,29.85,30.45,30.75,30.29,30.11,30.5,31.54,31.6625,31.25],"consensus":[-30.6301,50.4,88.2074,-50.1218,74.949,63.4053,49.5098,36.6979,50.0743,73.5627,79.6244,34.7521,73.7726,-27.7984,43.0756,75.2203,39.7929,0.0,11.213,-36.172,54.9242,45.1809,8.8615,27.2437,56.2795,-13.5592,63.459,25.2832,10.2899,25.5025,15.3576,-38.2502,35.7424,-10.1349,-48.0242,-54.7681,-68.2549,-72.6436,12.0889,47.3043,69.1329,54.4569,53.4579,73.111,40.5401,55.6375,56.5384,0.0,33.2781,35.8792,-22.9552,42.1224,45.1363,-12.3032,0.0,32.6136,68.4749,46.6783,7.7726],"supportDates":["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","2026-08-21"],"control":[24.9808,40.6217,79.8435,74.9131,26.2522,71.675,-31.1392,46.8059,74.741,30.5577,0.0,3.5894,-31.292,65.4855,46.2127,4.2593,22.8935,62.7548,-8.8712,68.2938,25.9091,19.3608,21.6568,18.7864,-35.9182,42.192,-6.05,-41.5872,-51.4573,-61.382,-70.9775,25.9564,44.2785,70.8078,60.3675,54.7035,78.8379,35.452,58.0833,56.3691,0.0,37.1443,37.0683,-22.0131,48.7848,53.4291,-15.8241,0.0,38.8308,70.2712,46.2552,2.5344],"force":[7.1052,42.4442,59.2533,86.3261,8.6111,69.0836,-82.7773,35.7464,76.2201,27.9238,0.0,6.7609,-60.6321,67.9511,38.1208,29.2354,12.0491,61.143,-67.7094,74.6528,2.9665,12.8763,19.6684,8.8838,-63.9171,54.1034,-23.1444,-66.3653,-61.4935,-86.2998,-82.5615,62.4395,80.9513,86.5061,39.7215,41.2719,74.244,15.6941,38.1885,41.1298,0.0,19.2885,27.046,-55.1151,36.3093,32.9665,-40.3729,0.0,39.3837,89.5037,34.5971,29.2607],"direction":[71.2265,66.3273,76.6057,80.2218,75.4398,79.5192,-15.2903,44.0475,75.0542,58.8254,0.0,32.7642,-24.2776,33.5494,49.0445,41.3332,43.0687,45.4051,-19.7617,49.9379,44.7461,16.4704,34.0648,16.0633,-22.5819,15.2565,-5.511,-42.2799,-53.748,-63.2204,-67.4633,39.7243,26.7289,54.8094,58.2271,60.7387,65.7565,64.102,65.3059,67.7381,0.0,38.8522,40.8295,-1.0606,38.6605,44.3514,-11.7706,0.0,20.6724,51.4012,55.7914,46.0042],"intensity":[42.8571,50.0,77.7778,50.0,18.1818,50.0,100.0,78.5714,80.0,93.75,100.0,5.5556,68.4211,100.0,80.9524,22.7273,34.7826,70.8333,32.0,65.3846,11.1111,50.0,62.069,63.3333,64.5161,50.0,21.2121,73.5294,57.1429,83.3333,75.6757,97.3684,97.4359,100.0,97.561,28.5714,83.7209,75.0,22.2222,82.6087,89.3617,66.6667,81.6327,80.0,66.6667,21.1538,48.0769,13.4615,36.5385,98.0769,88.4615,36.5385],"confirmation":[56.3533,83.9353,91.0083,93.7558,34.4323,91.4963,36.4487,81.504,92.1083,80.5127,36.1124,27.2655,80.3949,85.8118,82.227,7.9816,76.3212,86.059,32.9432,88.5743,53.1863,27.8621,76.0416,72.6649,81.0578,79.8989,26.3686,84.0248,85.7812,90.4962,91.5736,36.3328,84.2089,90.6265,84.8871,84.7162,91.3428,80.2931,85.2349,85.6253,34.5983,78.1637,79.194,53.6735,81.2005,81.9463,29.9165,28.6871,78.5479,90.5255,82.5753,16.2986],"persistence":[50.0,75.0,75.0,75.0,100.0,100.0,75.0,75.0,75.0,75.0,62.5,62.5,37.5,37.5,62.5,62.5,62.5,62.5,50.0,50.0,75.0,75.0,75.0,75.0,50.0,50.0,50.0,25.0,0.0,25.0,50.0,50.0,25.0,25.0,0.0,25.0,50.0,75.0,100.0,100.0,87.5,87.5,87.5,62.5,62.5,62.5,37.5,25.0,37.5,37.5,37.5,50.0],"assessmentRisk":[31.081,17.2401,10.1729,9.6702,31.8048,12.997,0.9407,17.9467,9.0504,25.1654,51.1768,25.4862,30.1024,24.1571,20.9708,34.4089,34.923,5.3825,1.9476,12.6001,29.7686,15.089,23.5902,21.0026,23.5118,7.3756,27.1625,25.2501,21.4791,15.8644,13.6777,49.6102,21.5166,15.4114,22.7698,23.2536,13.4037,27.9663,20.7603,21.0077,4.7517,6.5035,5.2244,35.4723,10.1684,16.0961,17.9969,30.058,10.7471,11.8985,26.2875,44.9962],"volumeParticipation":true,"latest":{"consensus":7.8,"control":2.5,"force":29.3,"direction":46.0,"confirmation":16.3,"persistence":50.0,"assessmentRisk":45.0,"intensity":36.5,"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":"Control support is limited","controlPath":"Broadly stable","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Developing","confirmationState":"Limited support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+7.8","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+2.5","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+29.3","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+46.0","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"16/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"63.9","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"2.4%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"19.6","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"92%","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":[25.1708,25.3056,25.7051,25.0787,25.6775,25.96,26.0196,26.01,26.0964,26.5389,26.8654,26.7682,27.14,26.4392,26.8933,27.4371,27.6303,27.147,27.15,26.67,27.6606,27.7594,27.62,27.6143,28.03,27.7148,28.21,28.13,27.95,28.0793,28.11,27.63,28.03,27.865,27.3443,26.89,26.365,25.82,26.75,27.62,28.9102,29.12,29.36,30.05,30.11,30.38,30.8093,30.0597,30.23,30.52,29.85,30.45,30.75,30.29,30.11,30.5,31.54,31.6625,31.25],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,25.3277,25.4426,25.5475,25.6316,25.7161,25.8657,26.0475,26.1785,26.3533,26.369,26.4643,26.6412,26.821,26.8803,26.9293,26.8822,27.0237,27.1575,27.2416,27.3093,27.4404,27.4903,27.6211,27.7136,27.7566,27.8153,27.8689,27.8254,27.8626,27.8631,27.7687,27.609,27.3828,27.0987,27.0353,27.1416,27.4631,27.7644,28.0545,28.4173,28.7251,29.026,29.3502,29.4792,29.6157,29.7801,29.7928,29.9123,30.0646,30.1056,30.1064,30.178,30.4256,30.6505,30.7595],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,25.8202,25.8661,25.9422,26.0529,26.1697,26.2421,26.3094,26.3361,26.4342,26.5324,26.6129,26.6871,26.7866,26.8553,26.9557,27.0427,27.1099,27.1817,27.2504,27.2786,27.3342,27.3735,27.3714,27.3357,27.2638,27.1569,27.1267,27.1633,27.2927,27.428,27.5711,27.7548,27.9292,28.1108,28.3106,28.4402,28.5728,28.717,28.8009,28.9231,29.0584,29.1497,29.2208,29.3155,29.4803,29.642,29.7611],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,26.632,26.9077,27.058,27.2836,27.2859,27.3714,27.5728,27.7772,27.8366,27.8849,27.8673,27.9811,28.0909,28.182,28.1443,28.2399,28.277,28.3865,28.438,28.4311,28.4794,28.5443,28.531,28.5776,28.4984,28.458,28.5003,28.6101,28.7961,28.8118,28.8008,28.996,29.2114,29.4625,29.8506,30.1801,30.5409,30.9388,31.1457,31.3675,31.6154,31.7411,31.9341,32.1556,32.2851,32.3489,32.3834,32.4336,32.2324,31.988],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,24.8805,24.8064,24.8081,24.7681,24.8248,24.8511,24.8154,24.78,24.8171,24.8554,24.903,25.0382,25.1737,25.2741,25.5654,25.7051,25.8434,25.953,26.1134,26.3057,26.4115,26.471,26.5706,26.6129,26.8347,26.9202,26.8232,26.5869,26.2682,26.2125,26.3185,26.2482,26.1689,26.0918,25.9472,25.8257,25.7315,25.5935,25.5796,25.5858,25.5819,25.6302,25.7193,25.7697,25.8828,26.0955,26.422,26.8893,27.6747,28.3691],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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","2026-08-21"]},{"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,69.3303,117.8487,26.1166,155.4843,125.0804,80.9571,96.7677,47.1128,92.9516,119.9767,234.9528,81.0041,72.8688,65.4956,198.7515,218.1931,134.2844,99.0196,318.7882,114.3923,190.6732,134.7954,99.3443,142.2155,79.6817,81.3119,83.4151,103.1382,96.2247,155.2817,132.2544,90.635,113.1318,96.805,91.5854,112.3937,103.9284,108.6972,86.5894,63.4008,86.6283,65.647,135.1495,55.2035,19.2834,32.8706,50.2921,176.4455,92.4063,281.5696,252.8256,75.5157],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,126.6068,135.0,135.0,135.0,126.3882,131.875,125.3329,128.4021,134.4292,135.0,121.1368,125.8665,121.6717,125.2108,135.0,122.383,114.5439,120.483,98.3972,106.5543,91.9172,81.2893,89.4622,101.4183,94.7267,101.6589,94.4653,85.2203,76.4024,65.0,65.0,71.0621,78.9164,85.8602,92.3943,100.3763,107.8676,115.9193,121.9395,126.3091,120.522,124.8094,133.8704,130.2966,131.5125,133.5406,130.4846,119.3377,125.1659,135.0,135.0,131.9535],"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":["2025-07-11","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","2026-08-21"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,85.1513,82.1338,98.9494,96.6134,88.2781,95.4904,63.0569,83.2688,97.8561,89.3847,72.8192,72.922,56.4696,90.4233,93.8098,89.0317,88.8363,98.6163,88.2808,99.6873,94.5247,89.0494,90.6819,90.5093,72.8209,87.5322,81.4638,54.8391,24.8094,5.8713,0.7785,41.1059,72.7537,97.3432,99.4318,96.3918,100.0,92.3868,97.9424,96.4554,82.5223,85.6877,91.0781,78.6245,89.777,95.3532,86.803,83.4572,90.7063,97.6898,98.4121,91.6938],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-0.6577,-0.8872,-0.0606,-0.2399,-0.8585,-0.3671,-3.0437,-1.3785,-0.1924,-1.1084,-2.8382,-2.8275,-4.5455,-1.0,-0.6464,-1.1453,-1.1657,-0.1503,-1.2731,-0.0354,-0.6358,-1.2716,-1.0212,-0.913,-2.605,-1.195,-1.7766,-3.612,-5.2134,-7.064,-8.9852,-5.7069,-2.6402,-0.3097,-0.0686,-0.4746,0.0,-1.2139,-0.3281,-0.6152,-3.0332,-2.4839,-1.5484,-3.7097,-1.7742,-0.8065,-2.2903,-2.871,-1.6129,-0.4419,-0.307,-1.6058],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,3.9464,4.2917,6.0601,7.365,6.9765,8.4624,5.6617,7.4765,9.6497,10.4218,8.4904,8.5023,6.5841,10.5429,10.9378,10.3807,10.3579,12.0192,10.7595,12.7385,12.4188,11.6995,11.1611,9.6334,7.7193,9.2788,8.6355,4.7674,1.8483,0.4764,0.0775,4.4106,7.8064,12.8423,13.6612,14.598,17.2912,17.5254,18.5792,20.2549,17.329,17.9938,19.1257,16.5105,18.8525,20.0234,18.2279,17.5254,19.0476,23.1069,23.5851,21.975],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-08-21"]},{"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,0.4264,0.4102,0.429,0.4823,0.5339,0.5297,0.5207,0.4693,0.5028,0.5311,0.5362,0.5336,0.5586,0.5467,0.5707,0.5766,0.5602,0.5514,0.5406,0.4877,0.4726,0.4423,0.3719,0.2763,0.1563,0.0171,-0.018,0.0241,0.1598,0.281,0.3919,0.5293,0.6358,0.7335,0.8359,0.8468,0.8593,0.8824,0.8371,0.8398,0.8564,0.8229,0.7729,0.756,0.8172,0.8655,0.8606],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.4555,0.4704,0.4804,0.4782,0.4831,0.4927,0.5014,0.5078,0.518,0.5237,0.5331,0.5418,0.5455,0.5467,0.5455,0.5339,0.5217,0.5058,0.479,0.4384,0.382,0.309,0.2436,0.1997,0.1917,0.2096,0.246,0.3027,0.3693,0.4421,0.5209,0.5861,0.6407,0.6891,0.7187,0.7429,0.7656,0.777,0.7762,0.7722,0.7812,0.798,0.8106],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0784,0.0594,0.0402,-0.0089,0.0197,0.0384,0.0348,0.0257,0.0406,0.023,0.0375,0.0347,0.0147,0.0047,-0.0049,-0.0462,-0.049,-0.0635,-0.1071,-0.1622,-0.2257,-0.2919,-0.2616,-0.1756,-0.032,0.0714,0.1458,0.2266,0.2665,0.2913,0.315,0.2607,0.2186,0.1934,0.1184,0.0969,0.0908,0.0458,-0.0033,-0.0162,0.036,0.0675,0.0501],"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":["2025-07-11","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","2026-08-21"]},{"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,20.6864,20.6033,19.4531,19.0651,17.7935,16.6128,15.9124,14.9233,14.9466,15.5861,17.0705,18.9582,20.9011,20.4476,19.7749,19.3222,19.3331,19.9352,20.9059,21.8072,23.1301,23.4402,22.8045,22.6905,21.9569,21.3122,20.878,20.5117,19.7484,18.6637,19.1483,19.6849,19.5906],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,21.6756,19.0921,22.9776,28.4336,24.2209,21.0328,18.5254,21.0338,22.1714,21.929,20.391,23.5305,22.3293,24.0441,23.7961,21.6946,24.7272,21.9439,20.0684,18.5968,19.0768,17.2908,15.5363,13.5145,11.8281,10.4058,18.4942,26.8527,26.8807,28.599,31.3668,33.3762,31.3125,34.5015,31.3737,28.6746,30.7885,28.2114,26.4334,26.2419,25.0748,23.7019,21.9953,30.1081,29.8361,28.0422],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,12.1864,10.7339,9.6711,8.8777,18.5038,16.0682,20.0933,17.5362,16.5783,15.7182,19.0318,17.8862,18.3165,17.069,16.0222,19.8257,18.6461,22.5055,20.582,21.3133,19.8818,23.513,25.2946,28.9622,30.0409,28.2474,24.7939,21.518,20.5123,19.2757,17.7346,16.6164,15.589,14.6713,17.8509,21.3946,20.0138,21.9779,20.3804,19.3037,18.2509,19.4609,20.0757,17.8929,17.2758,19.3403],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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","2026-08-21"]},{"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,1.5068,1.5616,1.5776,1.5846,1.7581,1.8798,2.0175,2.0697,2.0256,1.9939,1.9915,1.9385,1.9185,1.8781,1.8632,1.9099,1.877,1.9618,2.0265,2.0017,2.0044,2.0926,2.1991,2.3942,2.5938,2.6425,2.7075,2.7676,2.6765,2.6231,2.5866,2.5584,2.5097,2.4417,2.5555,2.5817,2.5384,2.6301,2.5818,2.5064,2.499,2.4696,2.4395,2.4578,2.3546,2.357],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,6.8001,8.1265,8.6758,9.6654,9.4457,9.6524,10.5268,11.4054,11.4691,11.4884,11.2349,11.1015,10.9535,10.8795,9.603,9.3976,8.9934,8.9567,8.5226,7.7659,7.5346,7.5371,7.1157,7.1199,6.0135,5.5536,6.0629,7.3306,9.1814,9.4477,9.0072,9.948,10.9874,12.1351,13.9911,15.5497,17.0933,18.9106,19.6249,20.3031,21.0971,21.3031,21.5593,22.0487,22.0134,21.3996,20.2752,18.6921,15.2158,11.9917],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/6392fdb0-5174-4fc6-a201-a9955c5902aa/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/6392fdb0-5174-4fc6-a201-a9955c5902aa/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/6392fdb0-5174-4fc6-a201-a9955c5902aa/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/6392fdb0-5174-4fc6-a201-a9955c5902aa/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/6392fdb0-5174-4fc6-a201-a9955c5902aa/technical-pack/data.json"},"source_fingerprint":"e19ad32a15917652971dffb94e1e57cf7aa6ddec046fd0f066184be429be2e37","content_hash":"b62a4116a9167d28021d46bf179daf2ce9d9dc7e920404a1edd51930305d4d6c","citation":"Sharemaestro, XDIV Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/6392fdb0-5174-4fc6-a201-a9955c5902aa/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."}