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The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 0.0% of comparable cases moved higher after 12 weeks, with an average move of -16.5% across 2 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 6.0% across 2 completed cases, with the largest move arriving after 4.5 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":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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":[24.0617,24.0617,24.0617,24.0617,24.0617,24.0617,24.0717,24.0717,24.0717,23.9029,23.7838,23.7838,24.3099,24.352,24.352,24.352,21.5877,18.7836,19.0222,18.4554,19.7083,19.7978,18.71,18.66,19.01,18.19,18.38,18.55,18.17,18.74,19.41,18.67,18.04,18.5,19.13,18.59,17.12,18.5,18.19,17.99],"consensus":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-59.9808,-73.5394,-44.0074,66.8488,50.2431,44.2493,43.609,-51.3939,-85.3751,-29.4281,-76.7647,-12.6663,0.0,-78.7263,-34.7885,0.0,-70.6689,-16.91,-21.2277,-45.1102,0.0,18.1947,-28.2949,-37.249,-8.5524,14.3907,-38.4931,-69.4656,35.0482,-45.8879,-14.87],"supportDates":["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":[null,null,null,null,null,null,0.0,0.0,0.0,-53.141,-81.6521,-34.7804,61.9225,43.7971,34.9819,34.4031,-46.6814,-98.5833,-4.2361,-81.9426,-18.0362,0.0,-82.5996,-37.8346,0.0,-63.4829,-13.5998,-26.2846,-44.613,0.0,1.5655,-40.2821,-46.8506,-7.6362,21.7046,-50.1251,-69.5111,35.9835,-45.963,-1.6271],"force":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-54.005,-51.9789,-10.4249,57.7068,18.7184,10.4398,10.4399,-17.463,-57.9977,-17.5966,-46.5487,-36.4471,0.0,-86.5844,-6.3787,0.0,-80.7486,-34.1078,-20.7357,-24.7862,0.0,44.7818,-22.3461,-24.1483,-14.6269,18.3672,-54.0293,-93.4522,87.5453,-67.9512,-14.1382],"direction":[null,null,null,null,null,null,0.0,0.0,0.0,-72.0661,-79.668,-78.54,79.0089,80.1277,78.9902,77.8223,-81.0159,-89.8354,-91.8081,-92.4301,-82.8358,0.0,-68.6867,-51.6,0.0,-71.6816,-57.1343,-45.4223,-60.1956,0.0,21.7869,-18.8445,-35.6336,-26.156,3.1917,-14.102,-52.2802,3.5186,-30.0426,-30.5273],"intensity":[null,null,null,null,100.0,100.0,100.0,85.7143,75.0,77.7778,70.0,63.6364,83.3333,84.6154,50.0,53.3333,100.0,94.1176,88.8889,68.4211,85.0,52.381,72.7273,69.5652,66.6667,72.0,50.0,51.8519,71.4286,62.069,76.6667,80.6452,62.5,45.4545,64.7059,48.5714,91.6667,89.1892,73.6842,53.8462],"confirmation":[0.0,0.0,0.0,0.0,0.0,0.0,24.8977,1.3169,1.3041,87.116,90.7519,81.1995,89.1881,83.2153,81.2706,81.0843,83.4838,94.2844,12.1217,91.5649,37.314,31.9031,93.3729,55.5534,15.1215,91.0307,33.8498,32.5272,81.8235,28.2729,52.601,76.6904,79.3741,5.1647,49.9481,80.614,90.9593,58.8851,83.3554,36.1953],"persistence":[null,null,0.0,0.0,0.0,0.0,0.0,0.0,0.0,12.5,25.0,37.5,25.0,12.5,0.0,12.5,0.0,0.0,0.0,0.0,25.0,37.5,62.5,87.5,75.0,75.0,75.0,75.0,75.0,75.0,50.0,50.0,62.5,62.5,37.5,37.5,37.5,25.0,50.0,50.0],"assessmentRisk":[null,null,null,null,null,null,50.1441,47.5479,47.6753,19.746,13.2244,27.9922,11.5714,24.568,27.808,28.1282,24.2263,7.3105,35.2826,11.6166,40.2962,39.409,25.9899,26.2692,25.3218,9.1918,5.6914,5.8073,8.9289,26.946,37.5422,23.3501,8.7387,16.0658,29.3805,11.7281,9.5519,17.5241,19.9068,26.2845],"volumeParticipation":true,"latest":{"consensus":-14.9,"control":-1.6,"force":-14.1,"direction":-30.5,"confirmation":36.2,"persistence":50.0,"assessmentRisk":26.3,"intensity":53.8,"evidenceDepth":100},"analysis":{"status":"Price structure has stronger support","headline":"The gauges support the price-technical view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the downward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Limited support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-14.9","detail":"Price structure has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-1.6","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-14.1","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-30.5","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"36/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"40.2","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"4.1%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"40.7","detail":"Directional","tone":"positive"},{"label":"Range position","value":"15%","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 downward.","series":[{"label":"Close","values":[24.0617,24.0617,24.0617,24.0617,24.0617,24.0617,24.0717,24.0717,24.0717,23.9029,23.7838,23.7838,24.3099,24.352,24.352,24.352,21.5877,18.7836,19.0222,18.4554,19.7083,19.7978,18.71,18.66,19.01,18.19,18.38,18.55,18.17,18.74,19.41,18.67,18.04,18.5,19.13,18.59,17.12,18.5,18.19,17.99],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,24.0617,24.0617,24.0635,24.065,24.0662,24.0365,23.9906,23.953,24.0179,24.0786,24.1283,24.169,23.6997,22.8058,22.1179,21.452,21.135,20.8918,20.4951,20.1615,19.9521,19.6317,19.4041,19.2488,19.0527,18.9958,19.0711,18.9982,18.824,18.7651,18.8314,18.7875,18.4843,18.4872,18.4332,18.3526],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,24.0356,24.059,24.0807,24.1008,23.9146,23.5346,23.2003,22.8488,22.6162,22.4074,22.1336,21.8763,21.6639,21.4066,21.1824,20.9874,20.7787,20.6277,20.5375,20.3992,20.2244,20.0967,20.0251,19.9188,19.7115,19.6217,19.5157,19.4027],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,24.1465,24.2033,24.2214,24.2924,24.3557,24.4015,24.4362,25.166,26.3009,26.7147,27.0408,27.0775,27.0479,27.0714,27.0232,26.8809,26.7441,26.5218,26.2276,25.891,25.4979,25.0682,24.5835,23.9027,23.0595,22.0125,20.4435,19.8502,19.8376,19.8018,19.8092],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,23.9511,23.8461,23.7879,23.7639,23.7469,23.7412,23.7415,22.7174,21.0095,20.1079,19.2862,18.8143,18.4174,17.8588,17.3667,17.0039,16.5535,16.2066,15.9487,15.6952,15.572,15.5642,15.5376,15.5914,15.8494,16.3742,17.367,17.5135,17.4977,17.4503,17.3965],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-0.701,-1.1959,-1.1959,0.0,0.0,0.0,0.0,-11.3516,-22.8665,-21.8865,-24.214,-19.069,-18.7015,-23.1686,-23.3739,-21.9366,-25.3039,-24.5237,-23.8256,-25.386,-23.0454,-20.294,-23.3328,-25.9199,-24.0309,-21.4439,-23.6613,-29.6978,-24.0309,-25.3039,-26.1252],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.0413,0.0413,0.0,0.0,0.0,2.212,2.3891,2.3891,2.3891,0.0,0.0,1.2705,0.0,6.7888,7.2737,1.3794,1.1085,3.005,0.0,1.0445,1.9791,0.0,3.137,6.8244,2.7518,0.0,2.5499,6.0421,3.0488,0.0,8.0607,6.25,5.0818],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,63.7047,62.5744,61.5248,59.2914,55.4387,52.7179,50.8059,48.3499,45.2345,42.9187,42.1906,41.5145,40.8581,40.6715],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,84.6675,84.6675,84.6675,23.5391,13.8241,13.3203,11.8996,18.9913,17.3241,14.9416,14.4496,12.5986,10.9342,10.4133,13.3879,12.8357,18.2809,27.2916,25.184,23.5188,27.2987,32.2382,30.3357,25.1547,21.9685,21.4659,20.2352],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,15.3325,15.3325,15.3325,76.4609,81.1999,78.2403,77.3468,64.5496,55.185,47.8732,47.2376,47.8123,43.2503,41.19,37.9855,36.4186,34.1435,30.3787,35.7552,40.0032,38.0261,35.4425,39.2523,49.6273,43.3412,41.9721,45.2991],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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,0.8065,0.8065,0.0,0.6535,0.6535,35.294,38.0672,38.0672,38.0672,8.3621,0.0,3.6664,2.274,20.1821,21.4613,5.9128,5.1982,15.015,6.0826,8.5949,10.8428,5.8181,13.3552,22.2146,12.4296,4.6814,11.6279,21.1416,12.987,3.7274,22.098,17.9712,15.3088],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-4.8273,-4.8273,-5.4945,-5.9655,-5.9655,-3.8854,-3.7189,-3.7189,-3.7189,-14.6483,-25.735,-24.7914,-27.0324,-22.0787,-21.7249,-26.0258,-26.2235,-24.8397,-28.0818,-27.3306,-26.6584,-28.1608,-25.9072,-23.2582,-26.184,-25.9199,-24.0309,-21.4439,-23.6613,-29.6978,-24.0309,-25.3039,-26.1252],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,0.0413,0.0413,0.0,0.0417,0.0417,2.2547,2.4319,2.4319,2.4319,1.591,0.0,1.2705,0.8696,7.7174,8.2065,2.261,1.9877,6.2011,2.5945,3.6661,4.6249,2.4817,5.6966,9.4755,5.3017,1.7485,4.3429,7.8962,4.8505,1.6627,9.8575,8.0166,6.829],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range 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