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record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.6,"sample":23},{"week":2,"averageReturn":-1.5,"sample":23},{"week":3,"averageReturn":-1.8,"sample":23},{"week":4,"averageReturn":-4.0,"sample":23},{"week":5,"averageReturn":-4.3,"sample":23},{"week":6,"averageReturn":-4.8,"sample":23},{"week":7,"averageReturn":-4.9,"sample":23},{"week":8,"averageReturn":-5.0,"sample":23},{"week":9,"averageReturn":-5.5,"sample":23},{"week":10,"averageReturn":-7.1,"sample":23},{"week":11,"averageReturn":-7.2,"sample":23},{"week":12,"averageReturn":-6.3,"sample":22},{"week":13,"averageReturn":-7.0,"sample":22},{"week":14,"averageReturn":-6.7,"sample":22},{"week":15,"averageReturn":-6.9,"sample":21},{"week":16,"averageReturn":-7.4,"sample":21},{"week":17,"averageReturn":-6.7,"sample":21},{"week":18,"averageReturn":-7.9,"sample":21},{"week":19,"averageReturn":-8.3,"sample":21},{"week":20,"averageReturn":-9.8,"sample":21},{"week":21,"averageReturn":-9.7,"sample":21},{"week":22,"averageReturn":-10.9,"sample":21},{"week":23,"averageReturn":-11.5,"sample":21},{"week":24,"averageReturn":-13.0,"sample":20},{"week":25,"averageReturn":-14.0,"sample":20},{"week":26,"averageReturn":-15.8,"sample":20}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Evidence aligned downward","tone":"negative","headline":"Price and Market Dynamics remain aligned downward","use":"The downside remains supported until Market Dynamics repairs or price structure changes.","confirm":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":57.1,"averageReturn":-6.9,"sample":14},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Capital protection","title":"Treat agreement on the downside as a defensive condition","tone":"negative","approach":"Reduce the burden of proof for risk control and raise it for new long exposure. A short position still needs a defined entry, exit and maximum loss.","finding":"In this ticker's completed record, 57.1% of comparable cases moved lower after 12 weeks, with an average move of -6.9% across 14 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 2 cases. Distinct visits lasted 7.0 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 7.8% across 22 completed cases, with the largest move arriving after 5.4 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":[],"distribution_rollovers":[],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[382.3,390.6,422.4,446.4,435.0,450.1,418.3,443.0,442.4,433.6,408.5,378.8,393.6,388.5,391.8,363.2,348.2,332.6,330.3,348.5,297.9,311.5,266.1,278.1,298.4,300.8,301.2,315.2,322.4,320.0,327.9,310.8,281.7,275.6,286.6,258.1,267.6,252.5,246.7,266.4,268.3,267.3,273.5,272.8,282.5,289.0,278.7,297.5,322.5,308.2,308.6,208.9,214.1,193.15,204.5,111.327,105.4,115.1,120.6,122.55,119.75,118.7,115.8,117.55,123.95,126.5,136.75,137.85,138.3,134.2,118.7,128.0,130.45,135.5,137.75,141.6,144.2,146.75,155.0,150.0,142.45,146.5,138.0,142.95,158.25,164.55,155.7,161.2,170.0,162.35,162.55,167.45,164.15,160.35,156.3,148.2,144.7,158.55,146.9,149.7,149.85,145.0,141.9,139.2],"consensus":[-8.1165,0.0,44.7066,56.0948,14.634,53.8167,-28.0706,37.4122,22.7351,-11.3066,-37.9274,-57.0615,0.0,-27.6315,0.0,-53.3863,-58.221,-57.4168,-49.1102,0.0,-77.1185,-8.9573,-75.5657,-21.0768,0.0,-12.8586,0.0,15.6806,22.9688,0.0,25.2831,-29.3149,-59.4653,-27.1174,-10.6872,-60.8612,-8.7369,-50.8001,-40.9624,16.5402,-11.826,0.0,9.8619,0.0,24.4292,26.3921,0.0,43.1078,62.9073,0.0,24.0727,-74.0337,-27.0455,-50.3321,-18.7686,-78.8552,-54.7486,-27.994,-21.7416,-16.158,-33.2145,-31.1196,-39.6925,-22.1907,-9.8698,-13.8983,25.8158,0.0,0.0,-12.9805,-46.2095,8.1352,0.0,22.2839,26.0586,22.166,30.6729,19.8198,48.0734,0.0,-16.3766,23.3962,-31.953,10.027,53.6747,52.4904,0.0,41.0344,57.6742,0.0,16.4674,37.545,0.0,-13.1664,-18.9878,-23.5562,-45.4953,28.1666,-32.8474,0.0,0.0,-34.1584,-28.5001,-37.3068],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[-20.0102,-35.514,-11.7826,-80.2967,-50.6203,-23.5286,-6.9491,-17.0971,-44.036,-38.0952,-48.3862,-22.9917,-14.6343,-24.6847,20.1564,0.0,0.0,-26.7488,-50.6973,15.2495,0.0,23.9071,20.1906,14.0285,26.0305,9.4502,46.9221,0.0,-23.7197,25.4415,-30.9146,14.2794,51.8178,53.1509,0.0,36.3587,61.4333,0.0,9.5149,36.0988,0.0,-20.1331,-23.055,-12.1375,-53.1725,42.2985,-34.2381,0.0,0.0,-29.4739,-27.306,-34.6984],"force":[-5.5372,-56.7359,-27.8035,-85.8894,-34.0864,-26.7292,-22.3865,-19.2495,-11.4181,-6.2826,-17.6632,-6.5092,-20.9207,-7.6936,60.3265,0.0,0.0,-15.0498,-55.1797,31.0207,0.0,35.252,29.6247,17.9651,27.3327,9.1906,42.5761,0.0,-40.4198,26.7803,-55.0574,15.7643,60.774,44.6558,0.0,36.2812,55.6811,0.0,1.6764,35.696,0.0,-31.6828,-24.1016,-21.5777,-34.8381,36.2222,-29.302,0.0,0.0,-35.2998,-21.466,-32.8886],"direction":[-58.3592,-62.6929,-60.0185,-72.1833,-74.2252,-72.1853,-70.1675,-40.376,-36.4161,-40.8882,-45.4921,-41.7752,-26.4178,-16.9937,7.6332,0.0,0.0,-4.2327,-34.6733,16.3423,0.0,11.1658,30.2177,34.4667,38.3643,39.263,53.3159,0.0,-9.1892,18.6415,-16.6366,1.0691,50.7259,57.3317,0.0,49.7731,54.8018,0.0,34.9782,40.5185,0.0,-8.0217,-10.6868,-38.0195,-44.3336,6.2619,-33.7904,0.0,0.0,-38.6969,-34.889,-43.4436],"intensity":[94.2308,84.6154,53.8462,98.0769,21.1538,32.6923,5.7692,5.7692,5.7692,3.8462,5.7692,7.6923,17.3077,17.3077,38.4615,17.3077,5.7692,15.3846,63.4615,32.6923,28.8462,17.3077,7.6923,61.5385,9.6154,57.6923,32.6923,21.1538,42.3077,19.2308,40.3846,34.6154,75.0,63.4615,44.2308,28.8462,46.1538,36.5385,21.1538,25.0,15.3846,19.2308,48.0769,76.9231,15.3846,80.7692,75.0,15.3846,9.6154,69.2308,28.8462,21.1538],"confirmation":[54.2834,84.5272,33.2912,93.4261,84.9527,35.7273,10.6137,30.8504,77.7995,54.4284,79.8978,52.9361,29.2771,50.5997,54.7324,48.4321,2.8455,50.2433,82.992,29.3453,24.5103,75.5013,76.5368,75.0891,77.7843,74.1764,83.2335,30.8941,30.4884,75.5588,78.9449,48.652,85.4206,84.5481,33.3463,81.0574,86.3377,30.8919,50.2581,79.9801,5.7429,29.0493,74.17,75.6517,82.1167,54.3768,78.3819,3.9855,24.7892,79.0369,76.9238,87.8433],"persistence":[25.0,0.0,12.5,37.5,62.5,75.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,62.5,50.0,50.0,50.0,25.0,12.5,12.5,12.5,25.0,37.5,62.5,87.5,75.0,62.5,62.5,37.5,37.5,37.5,37.5,25.0,37.5,62.5,50.0,75.0,75.0,62.5,37.5,25.0,0.0,25.0,12.5,37.5,50.0,50.0,50.0,50.0,50.0],"assessmentRisk":[36.4148,24.7912,40.5191,9.9995,22.3115,34.4289,37.975,22.4621,35.087,20.6107,13.16,4.1429,12.8727,21.4359,20.3111,29.3424,48.5423,53.4833,26.6576,49.8482,41.8469,1.0303,36.7327,37.6832,33.4859,37.6733,25.537,42.9604,4.8714,13.5858,33.2754,48.3904,22.5796,23.4485,50.286,28.9543,17.4771,10.9613,27.4467,15.427,30.163,7.1316,25.5329,37.7623,26.8256,26.8313,26.5144,8.5795,35.7739,31.6004,19.5806,28.3142],"volumeParticipation":true,"latest":{"consensus":-37.3,"control":-34.7,"force":-32.9,"direction":-43.4,"confirmation":87.8,"persistence":50.0,"assessmentRisk":28.3,"intensity":21.2,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-37.3","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-34.7","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-32.9","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-43.4","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"88/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"41.2","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"7.8%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"14.3","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"9%","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 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