{"schema_version":"1.0","name":"CDO Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"6c2c5535-ff2b-41f4-9967-a754603da875","symbol":"CDO","name":"Cadence Opportunities Fund Limited","exchange":"ASX","country":"AU","asset_type":"equity","currency":"AUD","sector":"Financial Services","industry":"Asset Management"},"summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure remains intact, but its underlying support has 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, Strength versus the research benchmark, Directional strength and control, Activity pressure and cumulative balance, Drawdown and recovery pressure, Range position and boundary pressure."},{"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":60,"displayedObservations":60,"assetType":"Equity","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure remains intact, but its underlying support has weakened.","evidenceAlignment":{"status":"Confirmation weakening","headline":"Upward price structure remains intact, but support is fading","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure remains intact, but its underlying support has weakened.","take":"Treat the advance as conditional. Renewed Market Dynamics would restore confirmation; continued contraction would increase rollover risk.","tone":"caution","conflict":true},"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","2026-08-21"],"values":[0.369397,0.679138,1.046417,0.983842,1.013617,1.020452,1.021171,1.186324,0.947004,0.708622,0.420886,0.238547,0.482113,0.430818,0.358391,0.113386,-0.30598,-0.39518,-0.372401,-0.346211,-0.328554,-0.396891,-0.329179,-0.200935,-0.055982,0.201517,0.419274,0.604585,0.638423,0.66949,0.512496,0.336315],"opens":[1.992826,2.012174,2.070218,2.012174,1.838044,2.031522,2.079891,2.157283,2.089565,1.992826,2.108913,2.099239,2.128261,2.225,2.15,2.14,2.09,2.1,2.15,2.17,2.15,2.03,2.2,2.19,2.23,2.33,2.46,2.49,2.3,2.19,2.32,2.285],"highs":[2.108913,2.079892,2.089565,2.041196,2.079891,2.099239,2.128261,2.157283,2.118587,2.050869,2.118587,2.17663,2.225,2.370109,2.21,2.19,2.09,2.18,2.22,2.17,2.17,2.03,2.21,2.24,2.24,2.33,2.46,2.51,2.3,2.33,2.34,2.33],"lows":[1.992826,2.0025,2.012174,1.925109,1.838044,1.983152,2.041195,1.983152,1.992826,1.983152,2.031522,2.041196,2.089565,2.15,2.14,2.07,2.07,2.07,2.11,2.17,2.1,2.025,2.2,2.19,2.23,2.33,2.46,2.3,2.19,2.18,2.27,2.285],"closes":[2.021848,2.070218,2.026685,1.937201,2.021848,2.079891,2.128261,2.079891,1.992826,2.050869,2.079891,2.128261,2.225,2.15,2.14,2.08,2.07,2.15,2.2,2.17,2.1,2.03,2.21,2.24,2.24,2.33,2.46,2.3,2.22,2.32,2.28,2.3],"hoverRows":[[{"label":"Open","value":"1.99","className":"is-ohlc","compact":true},{"label":"High","value":"2.11","className":"is-ohlc","compact":true},{"label":"Low","value":"1.99","className":"is-ohlc","compact":true},{"label":"Close","value":"2.02","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.37","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.01","className":"is-ohlc","compact":true},{"label":"High","value":"2.08","className":"is-ohlc","compact":true},{"label":"Low","value":"2.00","className":"is-ohlc","compact":true},{"label":"Close","value":"2.07","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":"2.07","className":"is-ohlc","compact":true},{"label":"High","value":"2.09","className":"is-ohlc","compact":true},{"label":"Low","value":"2.01","className":"is-ohlc","compact":true},{"label":"Close","value":"2.03","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.05","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.01","className":"is-ohlc","compact":true},{"label":"High","value":"2.04","className":"is-ohlc","compact":true},{"label":"Low","value":"1.93","className":"is-ohlc","compact":true},{"label":"Close","value":"1.94","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.98","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.84","className":"is-ohlc","compact":true},{"label":"High","value":"2.08","className":"is-ohlc","compact":true},{"label":"Low","value":"1.84","className":"is-ohlc","compact":true},{"label":"Close","value":"2.02","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.01","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.03","className":"is-ohlc","compact":true},{"label":"High","value":"2.10","className":"is-ohlc","compact":true},{"label":"Low","value":"1.98","className":"is-ohlc","compact":true},{"label":"Close","value":"2.08","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.02","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.08","className":"is-ohlc","compact":true},{"label":"High","value":"2.13","className":"is-ohlc","compact":true},{"label":"Low","value":"2.04","className":"is-ohlc","compact":true},{"label":"Close","value":"2.13","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.02","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"2.16","className":"is-ohlc","compact":true},{"label":"High","value":"2.16","className":"is-ohlc","compact":true},{"label":"Low","value":"1.98","className":"is-ohlc","compact":true},{"label":"Close","value":"2.08","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.19","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"2.09","className":"is-ohlc","compact":true},{"label":"High","value":"2.12","className":"is-ohlc","compact":true},{"label":"Low","value":"1.99","className":"is-ohlc","compact":true},{"label":"Close","value":"1.99","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.95","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.99","className":"is-ohlc","compact":true},{"label":"High","value":"2.05","className":"is-ohlc","compact":true},{"label":"Low","value":"1.98","className":"is-ohlc","compact":true},{"label":"Close","value":"2.05","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.71","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.11","className":"is-ohlc","compact":true},{"label":"High","value":"2.12","className":"is-ohlc","compact":true},{"label":"Low","value":"2.03","className":"is-ohlc","compact":true},{"label":"Close","value":"2.08","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.42","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.10","className":"is-ohlc","compact":true},{"label":"High","value":"2.18","className":"is-ohlc","compact":true},{"label":"Low","value":"2.04","className":"is-ohlc","compact":true},{"label":"Close","value":"2.13","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.24","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.13","className":"is-ohlc","compact":true},{"label":"High","value":"2.23","className":"is-ohlc","compact":true},{"label":"Low","value":"2.09","className":"is-ohlc","compact":true},{"label":"Close","value":"2.23","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.48","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.23","className":"is-ohlc","compact":true},{"label":"High","value":"2.37","className":"is-ohlc","compact":true},{"label":"Low","value":"2.15","className":"is-ohlc","compact":true},{"label":"Close","value":"2.15","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.43","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.15","className":"is-ohlc","compact":true},{"label":"High","value":"2.21","className":"is-ohlc","compact":true},{"label":"Low","value":"2.14","className":"is-ohlc","compact":true},{"label":"Close","value":"2.14","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.36","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.14","className":"is-ohlc","compact":true},{"label":"High","value":"2.19","className":"is-ohlc","compact":true},{"label":"Low","value":"2.07","className":"is-ohlc","compact":true},{"label":"Close","value":"2.08","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.11","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.09","className":"is-ohlc","compact":true},{"label":"High","value":"2.09","className":"is-ohlc","compact":true},{"label":"Low","value":"2.07","className":"is-ohlc","compact":true},{"label":"Close","value":"2.07","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.31","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.10","className":"is-ohlc","compact":true},{"label":"High","value":"2.18","className":"is-ohlc","compact":true},{"label":"Low","value":"2.07","className":"is-ohlc","compact":true},{"label":"Close","value":"2.15","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.40","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"2.15","className":"is-ohlc","compact":true},{"label":"High","value":"2.22","className":"is-ohlc","compact":true},{"label":"Low","value":"2.11","className":"is-ohlc","compact":true},{"label":"Close","value":"2.20","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.37","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"2.17","className":"is-ohlc","compact":true},{"label":"High","value":"2.17","className":"is-ohlc","compact":true},{"label":"Low","value":"2.17","className":"is-ohlc","compact":true},{"label":"Close","value":"2.17","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.35","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.15","className":"is-ohlc","compact":true},{"label":"High","value":"2.17","className":"is-ohlc","compact":true},{"label":"Low","value":"2.10","className":"is-ohlc","compact":true},{"label":"Close","value":"2.10","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.33","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.03","className":"is-ohlc","compact":true},{"label":"High","value":"2.03","className":"is-ohlc","compact":true},{"label":"Low","value":"2.02","className":"is-ohlc","compact":true},{"label":"Close","value":"2.03","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.40","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.20","className":"is-ohlc","compact":true},{"label":"High","value":"2.21","className":"is-ohlc","compact":true},{"label":"Low","value":"2.20","className":"is-ohlc","compact":true},{"label":"Close","value":"2.21","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.33","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"2.19","className":"is-ohlc","compact":true},{"label":"High","value":"2.24","className":"is-ohlc","compact":true},{"label":"Low","value":"2.19","className":"is-ohlc","compact":true},{"label":"Close","value":"2.24","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.20","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"2.23","className":"is-ohlc","compact":true},{"label":"High","value":"2.24","className":"is-ohlc","compact":true},{"label":"Low","value":"2.23","className":"is-ohlc","compact":true},{"label":"Close","value":"2.24","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.06","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.33","className":"is-ohlc","compact":true},{"label":"High","value":"2.33","className":"is-ohlc","compact":true},{"label":"Low","value":"2.33","className":"is-ohlc","compact":true},{"label":"Close","value":"2.33","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.20","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"2.46","className":"is-ohlc","compact":true},{"label":"High","value":"2.46","className":"is-ohlc","compact":true},{"label":"Low","value":"2.46","className":"is-ohlc","compact":true},{"label":"Close","value":"2.46","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.42","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"2.49","className":"is-ohlc","compact":true},{"label":"High","value":"2.51","className":"is-ohlc","compact":true},{"label":"Low","value":"2.30","className":"is-ohlc","compact":true},{"label":"Close","value":"2.30","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.60","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"2.30","className":"is-ohlc","compact":true},{"label":"High","value":"2.30","className":"is-ohlc","compact":true},{"label":"Low","value":"2.19","className":"is-ohlc","compact":true},{"label":"Close","value":"2.22","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.64","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.19","className":"is-ohlc","compact":true},{"label":"High","value":"2.33","className":"is-ohlc","compact":true},{"label":"Low","value":"2.18","className":"is-ohlc","compact":true},{"label":"Close","value":"2.32","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.67","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.32","className":"is-ohlc","compact":true},{"label":"High","value":"2.34","className":"is-ohlc","compact":true},{"label":"Low","value":"2.27","className":"is-ohlc","compact":true},{"label":"Close","value":"2.28","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.51","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.29","className":"is-ohlc","compact":true},{"label":"High","value":"2.33","className":"is-ohlc","compact":true},{"label":"Low","value":"2.29","className":"is-ohlc","compact":true},{"label":"Close","value":"2.30","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}]],"pressureRange":[-2.3,2.3],"priceRange":[1.905833,2.491368],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.336315,"state":"Positive but weakening over four weeks","context":{"scenario":"positiveWeakening","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 and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Positive support is weakening","detail":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","annotations":[{"label":"Current tape relationship","value":"Positive support is weakening","detail":"Market Dynamics eased this week but remains positive.","tone":"caution"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":32,"relationship":{"sameWeekCorrelation":0.17,"forwardCorrelation":-0.13,"directionalAgreement":40.0,"sample":25,"correlationSample":31,"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":7.4,"averageReturn":7.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":7.4,"averageReturn":7.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":19.8,"averageReturn":19.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":4.4,"sample":1},{"week":2,"averageReturn":7.4,"sample":1},{"week":3,"averageReturn":9.9,"sample":1},{"week":4,"averageReturn":7.4,"sample":1},{"week":5,"averageReturn":2.9,"sample":1},{"week":6,"averageReturn":5.9,"sample":1},{"week":7,"averageReturn":7.4,"sample":1},{"week":8,"averageReturn":9.9,"sample":1},{"week":9,"averageReturn":14.9,"sample":1},{"week":10,"averageReturn":11.0,"sample":1},{"week":11,"averageReturn":10.5,"sample":1},{"week":12,"averageReturn":7.4,"sample":1},{"week":13,"averageReturn":6.9,"sample":1},{"week":14,"averageReturn":11.0,"sample":1},{"week":15,"averageReturn":13.6,"sample":1},{"week":16,"averageReturn":12.0,"sample":1},{"week":17,"averageReturn":8.4,"sample":1},{"week":18,"averageReturn":4.8,"sample":1},{"week":19,"averageReturn":14.1,"sample":1},{"week":20,"averageReturn":15.6,"sample":1},{"week":21,"averageReturn":15.6,"sample":1},{"week":22,"averageReturn":20.3,"sample":1},{"week":23,"averageReturn":27.0,"sample":1},{"week":24,"averageReturn":18.7,"sample":1},{"week":25,"averageReturn":14.6,"sample":1},{"week":26,"averageReturn":19.8,"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":-7.3,"averageReturn":-7.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-6.5,"sample":1},{"week":2,"averageReturn":-9.8,"sample":1},{"week":3,"averageReturn":-5.7,"sample":1},{"week":4,"averageReturn":-7.3,"sample":1},{"week":5,"averageReturn":-6.5,"sample":1},{"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":4,"completedEpisodes":2,"activeEpisodes":2,"medianExpectedMove":7.6,"averageExpectedMove":7.6,"averageWeeksToLargestMove":10.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-1.4,"medianReturn":-1.4,"confidenceLow":0.0,"confidenceHigh":56.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":3.8,"medianReturn":3.8,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":12.8,"medianReturn":12.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":4.3,"sample":3},{"week":2,"averageReturn":1.7,"sample":3},{"week":3,"averageReturn":-0.4,"sample":3},{"week":4,"averageReturn":-1.4,"sample":3},{"week":5,"averageReturn":-1.1,"sample":3},{"week":6,"averageReturn":0.9,"sample":3},{"week":7,"averageReturn":4.3,"sample":2},{"week":8,"averageReturn":6.0,"sample":2},{"week":9,"averageReturn":2.5,"sample":2},{"week":10,"averageReturn":0.6,"sample":2},{"week":11,"averageReturn":3.4,"sample":2},{"week":12,"averageReturn":3.8,"sample":2},{"week":13,"averageReturn":5.8,"sample":2},{"week":14,"averageReturn":9.1,"sample":2},{"week":15,"averageReturn":11.5,"sample":2},{"week":16,"averageReturn":6.0,"sample":2},{"week":17,"averageReturn":2.4,"sample":2},{"week":18,"averageReturn":9.2,"sample":2},{"week":19,"averageReturn":9.0,"sample":2},{"week":20,"averageReturn":9.4,"sample":2},{"week":21,"averageReturn":15.2,"sample":1},{"week":22,"averageReturn":21.7,"sample":1},{"week":23,"averageReturn":13.8,"sample":1},{"week":24,"averageReturn":9.8,"sample":1},{"week":25,"averageReturn":14.7,"sample":1},{"week":26,"averageReturn":12.8,"sample":1}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":1.9,"averageExpectedMove":1.9,"averageWeeksToLargestMove":5.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":8.1,"medianReturn":8.1,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":7.2,"medianReturn":7.2,"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":6.4,"sample":2},{"week":2,"averageReturn":8.3,"sample":2},{"week":3,"averageReturn":7.6,"sample":2},{"week":4,"averageReturn":8.1,"sample":2},{"week":5,"averageReturn":9.6,"sample":2},{"week":6,"averageReturn":10.0,"sample":2},{"week":7,"averageReturn":8.8,"sample":2},{"week":8,"averageReturn":11.2,"sample":2},{"week":9,"averageReturn":12.4,"sample":2},{"week":10,"averageReturn":16.1,"sample":2},{"week":11,"averageReturn":11.1,"sample":1},{"week":12,"averageReturn":7.2,"sample":1},{"week":13,"averageReturn":12.1,"sample":1},{"week":14,"averageReturn":10.1,"sample":1},{"week":15,"averageReturn":11.1,"sample":1},{"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":5.6,"averageExpectedMove":5.6,"averageWeeksToLargestMove":4.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":2.9,"medianReturn":2.9,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":7.9,"medianReturn":7.9,"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":1.8,"sample":2},{"week":2,"averageReturn":1.1,"sample":2},{"week":3,"averageReturn":1.6,"sample":2},{"week":4,"averageReturn":2.9,"sample":2},{"week":5,"averageReturn":3.4,"sample":2},{"week":6,"averageReturn":2.3,"sample":2},{"week":7,"averageReturn":4.6,"sample":2},{"week":8,"averageReturn":5.8,"sample":2},{"week":9,"averageReturn":9.2,"sample":2},{"week":10,"averageReturn":7.0,"sample":1},{"week":11,"averageReturn":3.3,"sample":1},{"week":12,"averageReturn":7.9,"sample":1},{"week":13,"averageReturn":6.0,"sample":1},{"week":14,"averageReturn":7.0,"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}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":15.0,"averageExpectedMove":15.0,"averageWeeksToLargestMove":7.5,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":8.0,"medianReturn":8.0,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":8.0,"medianReturn":8.0,"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":2.3,"sample":3},{"week":2,"averageReturn":3.5,"sample":3},{"week":3,"averageReturn":5.4,"sample":3},{"week":4,"averageReturn":8.0,"sample":2},{"week":5,"averageReturn":4.4,"sample":2},{"week":6,"averageReturn":2.5,"sample":2},{"week":7,"averageReturn":5.3,"sample":2},{"week":8,"averageReturn":5.8,"sample":2},{"week":9,"averageReturn":7.8,"sample":2},{"week":10,"averageReturn":11.2,"sample":2},{"week":11,"averageReturn":13.6,"sample":2},{"week":12,"averageReturn":8.0,"sample":2},{"week":13,"averageReturn":4.3,"sample":2},{"week":14,"averageReturn":11.2,"sample":2},{"week":15,"averageReturn":11.0,"sample":2},{"week":16,"averageReturn":11.5,"sample":2},{"week":17,"averageReturn":16.9,"sample":1},{"week":18,"averageReturn":23.4,"sample":1},{"week":19,"averageReturn":15.4,"sample":1},{"week":20,"averageReturn":11.4,"sample":1},{"week":21,"averageReturn":16.4,"sample":1},{"week":22,"averageReturn":14.4,"sample":1},{"week":23,"averageReturn":15.4,"sample":1},{"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":4,"completedEpisodes":2,"activeEpisodes":2,"medianExpectedMove":6.0,"averageExpectedMove":6.0,"averageWeeksToLargestMove":3.0,"horizons":[{"weeks":4,"sample":4,"expectedCount":3,"expectedPercent":75.0,"averageReturn":0.8,"medianReturn":-1.4,"confidenceLow":30.1,"confidenceHigh":95.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":5.6,"medianReturn":5.6,"confidenceLow":0.0,"confidenceHigh":65.8,"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":-1.3,"sample":4},{"week":3,"averageReturn":-1.3,"sample":4},{"week":4,"averageReturn":0.8,"sample":4},{"week":5,"averageReturn":1.2,"sample":4},{"week":6,"averageReturn":2.0,"sample":4},{"week":7,"averageReturn":3.4,"sample":3},{"week":8,"averageReturn":4.0,"sample":3},{"week":9,"averageReturn":5.4,"sample":3},{"week":10,"averageReturn":2.1,"sample":2},{"week":11,"averageReturn":2.1,"sample":2},{"week":12,"averageReturn":5.6,"sample":2},{"week":13,"averageReturn":4.0,"sample":2},{"week":14,"averageReturn":2.8,"sample":2},{"week":15,"averageReturn":-4.6,"sample":1},{"week":16,"averageReturn":3.8,"sample":1},{"week":17,"averageReturn":5.3,"sample":1},{"week":18,"averageReturn":5.3,"sample":1},{"week":19,"averageReturn":9.5,"sample":1},{"week":20,"averageReturn":15.6,"sample":1},{"week":21,"averageReturn":8.1,"sample":1},{"week":22,"averageReturn":4.3,"sample":1},{"week":23,"averageReturn":9.0,"sample":1},{"week":24,"averageReturn":7.1,"sample":1},{"week":25,"averageReturn":8.1,"sample":1},{"week":26,"sample":0}]},"currentApplication":{"status":"Confirmation weakening","tone":"caution","headline":"Market Dynamics remains positive but has weakened over four weeks","use":"The upward structure still has positive support, but renewed strength is needed to restore full confirmation.","confirm":"Treat the advance as conditional. Renewed Market Dynamics would restore confirmation; continued contraction would increase rollover risk.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"weakening","zone":"middle","zoneContext":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"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 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":"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 15.0% across 2 completed cases, with the largest move arriving after 7.5 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":[{"date":"2026-02-27","price":2.128261},{"date":"2026-05-15","price":2.15},{"date":"2026-06-19","price":2.21},{"date":"2026-07-10","price":2.33}],"reversal_dangers":[{"date":"2026-03-06","price":2.079891},{"date":"2026-05-22","price":2.2},{"date":"2026-06-26","price":2.24},{"date":"2026-07-17","price":2.46},{"date":"2026-07-24","price":2.3}]}},"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","2026-08-21"],"close":[1.5887,1.5934,1.6821,1.6541,1.6354,1.5887,1.6681,1.6588,1.6775,1.6634,1.7242,1.7709,1.7849,1.8503,1.869,1.8477,1.751,1.8187,1.7993,1.7607,1.7607,1.7365,1.7607,1.7752,1.838,1.8429,1.8477,1.9928,2.0218,2.0702,2.0267,1.9372,2.0218,2.0799,2.1283,2.0799,1.9928,2.0509,2.0799,2.1283,2.225,2.15,2.14,2.08,2.07,2.15,2.2,2.17,2.1,2.03,2.21,2.24,2.24,2.33,2.46,2.3,2.22,2.32,2.28,2.3],"consensus":[0.0,100.0,59.9994,-11.601,46.1514,-49.3889,45.6513,18.3544,69.5461,22.7702,75.7648,84.2149,60.8613,89.8617,64.853,14.588,-37.2933,34.5896,-13.2224,-32.5261,-10.7348,-42.0084,12.3921,22.0616,61.1654,13.4314,18.9301,80.9829,49.5699,72.5806,0.0,-27.1093,45.7368,55.3183,63.5092,8.4466,-27.4367,34.9103,14.4951,38.7341,71.3331,0.0,0.0,-22.835,-25.167,30.6118,39.0339,15.1612,-23.2277,-26.155,50.1361,45.5227,40.856,47.9735,54.0239,-19.1023,-27.9325,45.6932,-21.49,13.1858],"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":[61.2544,11.7923,72.8854,83.771,48.5062,90.1882,53.2048,2.9202,-37.2063,47.319,-11.6591,-30.7745,-18.0916,-32.4253,23.4592,29.995,67.2275,0.9307,8.2392,83.6236,38.7466,74.2372,0.0,-26.5001,45.6424,58.0104,68.0576,0.5222,-33.197,48.051,23.4618,38.9153,71.0471,0.0,0.0,-25.2846,-25.9749,39.9579,45.1209,10.7022,-35.56,-13.4666,67.9207,57.2603,48.1819,49.0529,55.0842,-27.8603,-28.385,50.0787,-13.1301,14.4771],"force":[81.4663,13.5616,79.0075,87.5146,53.6518,96.842,59.6667,47.4189,-82.4476,34.432,-39.9514,-52.9913,-14.4388,-67.7092,33.7003,26.2945,72.4678,10.6519,1.8042,99.2899,43.1793,74.2418,0.0,-74.5819,62.1486,71.2028,63.9804,34.9845,-53.0652,44.5119,1.3028,38.5124,91.114,0.0,0.0,-38.6835,-27.0177,34.0469,33.4031,1.5785,-35.5341,-21.2931,55.9561,34.1647,22.7383,33.7361,37.3886,-81.6054,-59.1944,72.6114,-54.0729,9.0442],"direction":[70.508,61.2676,76.7393,82.3652,80.131,84.5027,81.8696,72.2135,-5.1397,20.1542,-4.0831,-19.9098,-0.3186,-34.6027,15.4761,9.9714,46.1642,47.0475,45.9586,64.8887,66.5042,69.5007,0.0,-6.1034,34.1219,40.8955,57.9745,49.7187,-2.5473,13.0339,13.6705,38.6853,57.5308,0.0,0.0,-8.7149,-22.9218,17.4769,36.0995,32.214,-0.3434,-44.1289,25.6537,40.2211,45.4248,56.9096,64.6944,-35.5519,-5.0854,21.4541,-7.7707,14.6683],"intensity":[50.0,11.1111,80.0,90.9091,58.3333,76.9231,78.5714,40.0,93.75,76.4706,16.6667,36.8421,5.0,38.0952,22.7273,13.0435,70.8333,84.0,26.9231,100.0,96.4286,58.6207,43.3333,87.0968,84.375,96.9697,55.8824,57.1429,83.3333,70.2703,71.0526,48.7179,87.5,97.561,100.0,67.4419,86.3636,80.0,41.3043,48.9362,64.5833,89.7959,100.0,23.5294,25.0,84.6154,86.5385,96.1538,100.0,76.9231,69.2308,7.6923],"confirmation":[90.7444,31.9063,92.3874,95.0561,87.4442,96.9635,88.7724,13.0723,58.6446,78.8699,51.274,79.0587,48.8372,82.372,30.4145,75.0678,87.825,6.2539,51.3069,94.4322,83.8325,91.2512,13.2293,56.7665,83.1374,86.1449,88.268,9.0907,54.8064,79.2637,49.4331,80.3854,91.4338,33.3229,4.6374,75.7529,76.0975,77.758,80.2265,50.0794,52.9533,76.4148,83.9499,82.0422,80.4101,82.9012,84.7645,38.1352,55.2176,83.3754,53.3305,80.0736],"persistence":[50.0,50.0,50.0,75.0,75.0,100.0,100.0,100.0,75.0,75.0,50.0,25.0,0.0,25.0,25.0,25.0,0.0,0.0,25.0,50.0,75.0,100.0,87.5,62.5,62.5,62.5,62.5,62.5,37.5,37.5,50.0,75.0,75.0,62.5,50.0,25.0,25.0,25.0,25.0,25.0,0.0,12.5,0.0,25.0,50.0,50.0,50.0,25.0,25.0,50.0,25.0,25.0],"assessmentRisk":[1.3483,35.3432,4.5765,7.3048,18.9841,5.0546,17.4716,40.8826,12.0625,45.5933,38.4199,31.6015,15.8783,26.2755,40.5577,5.0988,16.3568,42.4343,39.1046,9.4634,25.0743,13.7039,46.1763,24.7,22.8684,19.2526,15.7421,44.97,6.8467,38.0878,38.4453,11.7168,14.2868,47.4198,33.2686,19.9345,36.8503,15.3059,18.8839,37.9497,34.5569,35.2713,18.3904,14.0058,27.3757,25.9858,22.854,38.6975,3.1914,28.1407,37.1667,6.5929],"volumeParticipation":true,"latest":{"consensus":13.2,"control":14.5,"force":9.0,"direction":14.7,"confirmation":80.1,"persistence":25.0,"assessmentRisk":6.6,"intensity":7.7,"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 easing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+13.2","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+14.5","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+9.0","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+14.7","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"80/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"57.6","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"4.3%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"30.7","detail":"Directional","tone":"positive"},{"label":"Range position","value":"60%","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":[1.5887,1.5934,1.6821,1.6541,1.6354,1.5887,1.6681,1.6588,1.6775,1.6634,1.7242,1.7709,1.7849,1.8503,1.869,1.8477,1.751,1.8187,1.7993,1.7607,1.7607,1.7365,1.7607,1.7752,1.838,1.8429,1.8477,1.9928,2.0218,2.0702,2.0267,1.9372,2.0218,2.0799,2.1283,2.0799,1.9928,2.0509,2.0799,2.1283,2.225,2.15,2.14,2.08,2.07,2.15,2.2,2.17,2.1,2.03,2.21,2.24,2.24,2.33,2.46,2.3,2.22,2.32,2.28,2.3],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,1.6187,1.6133,1.6233,1.6297,1.6384,1.6429,1.6577,1.6783,1.6977,1.7254,1.7516,1.769,1.7658,1.7754,1.7797,1.7763,1.7734,1.7667,1.7656,1.7673,1.7802,1.7916,1.8018,1.8365,1.8702,1.9066,1.9284,1.93,1.9467,1.9709,1.9995,2.0141,2.0103,2.0177,2.029,2.047,2.0794,2.0922,2.1009,2.0971,2.0922,2.1027,2.1204,2.1294,2.1241,2.107,2.1257,2.1465,2.1635,2.1938,2.2422,2.2527,2.2467,2.2601,2.2637,2.2703],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,1.6484,1.6634,1.6786,1.6912,1.6956,1.7047,1.7117,1.7153,1.7187,1.72,1.723,1.7269,1.7351,1.7431,1.7509,1.7688,1.7875,1.8085,1.8246,1.833,1.847,1.8642,1.8838,1.8983,1.9053,1.9161,1.9282,1.943,1.9639,1.9777,1.9897,1.9964,2.0019,2.0128,2.0267,2.0373,2.042,2.0411,2.0536,2.0674,2.0802,2.0987,2.1254,2.1384,2.1444,2.1574,2.1665,2.1764],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,1.7118,1.7313,1.7629,1.789,1.8307,1.8658,1.8859,1.8846,1.8933,1.8973,1.8959,1.8947,1.89,1.8923,1.894,1.9004,1.8961,1.901,1.9379,1.9762,2.0177,2.0444,2.0533,2.0751,2.1061,2.1437,2.1674,2.1727,2.1869,2.2023,2.2193,2.2504,2.2556,2.2553,2.2424,2.233,2.2273,2.2225,2.2303,2.2306,2.2311,2.2459,2.2524,2.2662,2.3024,2.3704,2.3871,2.3843,2.3977,2.4043,2.4142],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,1.5702,1.5659,1.5546,1.5479,1.5322,1.5221,1.5213,1.5281,1.5319,1.5371,1.5428,1.5612,1.5802,1.5857,1.5962,1.61,1.6397,1.6528,1.6494,1.6455,1.6446,1.6482,1.6559,1.6578,1.6497,1.6381,1.6376,1.6565,1.6655,1.6782,1.698,1.7132,1.7494,1.7876,1.831,1.8636,1.9,1.9401,1.95,1.9574,1.9529,1.9565,1.9803,1.9883,1.9771,1.9423,1.9476,1.9731,1.9866,2.0,2.0073],"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","2026-08-21"]},{"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,17.4267,15.6608,20.0011,25.8691,17.2857,10.0733,10.8057,10.0733,11.0811],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"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","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,43.9255,44.7843,46.2737,47.6566,48.9919,48.2374,46.0232,44.176,42.7687,40.5356,38.4619,36.3791,35.2844,34.8702,34.9262,35.9909,36.8073,36.4264,36.0727,36.4241,37.0132,37.5601,36.9075,35.2492,35.1192,35.186,35.248,35.8565,37.0563,36.2822,34.5389,33.1235,31.8789,30.7233],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,38.0621,40.7656,38.9075,32.1702,29.0955,28.4075,26.8681,25.5431,23.6584,22.7544,23.0208,29.4818,36.1419,33.8469,40.5687,48.1701,44.1187,41.4927,36.5845,28.9116,27.7139,28.1253,24.2942,21.9668,20.8108,24.68,26.5369,27.4465,33.1347,31.538,28.9615,28.543,32.7436,33.0269,32.2848,30.5592,28.7841,38.0804,38.9041,38.5918,43.0258,48.7789,41.4905,38.2652,36.3938,35.3111,34.0292],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,9.329,7.5,6.0061,13.6243,12.3221,12.0308,16.7978,15.9694,18.4804,17.7742,16.9599,15.5365,14.0691,13.8106,11.4596,9.9939,9.1534,8.3932,16.2721,20.4097,18.4134,17.0652,19.2811,17.4341,17.2684,16.0955,14.4513,13.019,11.0945,11.2482,15.0949,14.8767,13.7037,12.6312,12.3474,17.0321,21.8516,18.9991,18.2851,18.1383,16.8286,15.1293,24.2529,30.1411,27.0529,25.7281,24.7941],"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","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,99.0631,259.7557,75.2191,55.8298,95.3888,255.5357,104.2511,192.8654,227.7915,78.0157,43.8747,65.1431,46.1157,241.6319,251.9365,94.662,5.1152,53.182,7.3244,43.7465,223.1925,108.6698,106.4805,187.2526,87.6068,88.0859,186.1733,126.254,138.6976,41.7849,74.5204,14.2634,86.4695,196.9513,85.345,1.0426,32.2431,2.0829,32.5926,17.0512,0.0,30.9422,36.6585,36.3258,11.3125,4.8054,0.0,3.072,326.5633,76.1491,89.7848,116.7058,62.9768],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,65.0,91.4901,84.0247,89.3313,98.3602,126.1492,135.0,135.0,118.0435,112.3149,115.4336,110.891,107.7639,107.7639,85.8764,94.2918,94.7142,99.1216,99.7049,103.2041,122.7074,131.862,135.0,120.0189,112.8941,119.7524,135.0,135.0,126.3979,123.831,128.507,129.387,134.8709,135.0,131.2826,131.2393,129.8811,129.7955,131.1526,131.8541,131.8541,130.7786,129.5639,130.6327,130.9444,130.9444,130.9444,131.0009,125.0657,123.702,125.2232,123.1636,124.1795],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"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","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,-1.6667,-2.7778,-5.5556,-0.8333,-1.3889,-0.2778,-1.1111,0.0,0.0,0.0,0.0,0.0,-1.1407,-6.3166,-2.6935,-3.7287,-5.799,-5.799,-7.093,-5.799,-5.0226,-1.6583,-1.3995,-1.1407,0.0,0.0,0.0,-2.1028,-6.4253,-2.3365,0.0,0.0,-2.2727,-6.3636,-3.6364,-2.2727,0.0,0.0,-3.3708,-3.8202,-6.5169,-6.9663,-3.3708,-1.1236,-2.4719,-5.618,-8.764,-0.6742,0.0,0.0,0.0,0.0,-6.5041,-9.7561,-5.6911,-7.3171,-6.5041],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,4.4118,5.5882,4.7059,8.5294,11.4706,12.3529,16.4706,17.6471,16.305,10.2158,14.4783,13.2604,10.8247,10.8247,9.3024,10.8247,11.7381,15.6961,16.0006,16.305,25.4389,27.2657,30.3104,27.5702,16.7853,21.8883,25.0353,27.9431,20.6302,14.7633,18.1058,19.7772,22.5627,28.1337,23.8146,23.2387,19.7834,19.2076,23.8146,26.694,23.2498,18.299,10.4436,19.921,21.2307,15.6307,20.2766,26.9873,18.728,14.5983,16.4176,14.4104,15.414],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"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","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,75.7575,87.8784,78.7874,100.0,97.9998,86.6666,100.0,87.5,72.708,49.7041,65.807,61.2061,52.0045,52.0045,46.2534,52.0045,55.4551,70.4076,71.5578,72.708,100.0,83.2642,92.562,84.1939,66.9931,82.3109,93.8708,100.0,84.9,62.0276,75.1615,81.8181,89.1306,100.0,65.526,63.9598,54.5625,52.9963,65.526,73.3572,68.1763,57.0441,42.3651,69.908,75.5464,75.5464,92.4616,100.0,68.748,56.8424,71.7243,56.3441,60.1403],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-2.2039,-1.102,-1.9284,0.0,-0.2632,-2.0513,0.0,-2.439,-5.8483,-10.7777,-7.3271,-8.313,-10.2847,-10.2847,-11.5171,-10.2847,-9.5453,-6.3412,-6.0948,-5.8483,0.0,-4.1284,-1.8348,-3.8991,-8.1422,-4.1284,-1.3762,0.0,-3.5875,-7.6233,-4.9328,-3.5875,-2.2222,0.0,-9.2869,-9.7088,-12.2403,-12.6622,-9.2869,-7.1773,-8.443,-11.3965,-14.3499,-6.7553,-5.4896,-5.4896,-1.6923,0.0,-8.3665,-11.5538,-7.5697,-9.1633,-8.3665],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,7.5758,8.7879,7.8788,11.8182,14.8485,15.7576,20.0,21.2121,19.8294,13.5556,17.9473,16.6926,14.183,14.183,12.6146,14.183,15.1241,19.202,19.5157,19.8294,25.4389,27.2657,30.3104,27.5702,21.9376,25.0589,27.1787,30.1364,26.4561,15.5806,18.6255,20.1117,22.9051,28.4917,24.1605,23.583,20.118,19.5405,24.1605,27.0479,24.6193,20.5993,14.0449,20.2365,21.8687,21.8687,26.7652,33.8379,25.133,20.7806,26.2211,14.9685,15.977],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"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","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/6c2c5535-ff2b-41f4-9967-a754603da875/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/6c2c5535-ff2b-41f4-9967-a754603da875/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/6c2c5535-ff2b-41f4-9967-a754603da875/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/6c2c5535-ff2b-41f4-9967-a754603da875/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/6c2c5535-ff2b-41f4-9967-a754603da875/technical-pack/data.json"},"source_fingerprint":"a6d49f1d9e6fd6b886e1cee08b603528de0219159fd92600c11d3ad21a4e0dc7","content_hash":"4d94919476254b1e1abc5df18c135004fb258132b39aecff8125d0e80b6ec364","citation":"Sharemaestro, CDO Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/6c2c5535-ff2b-41f4-9967-a754603da875/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."}