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adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-2.3,"sample":19},{"week":2,"averageReturn":-1.4,"sample":19},{"week":3,"averageReturn":-3.5,"sample":19},{"week":4,"averageReturn":-4.5,"sample":19},{"week":5,"averageReturn":-1.7,"sample":18},{"week":6,"averageReturn":-4.6,"sample":18},{"week":7,"averageReturn":-4.9,"sample":18},{"week":8,"averageReturn":-4.1,"sample":18},{"week":9,"averageReturn":-4.5,"sample":17},{"week":10,"averageReturn":-6.8,"sample":17},{"week":11,"averageReturn":-6.5,"sample":17},{"week":12,"averageReturn":-6.4,"sample":17},{"week":13,"averageReturn":-8.8,"sample":17},{"week":14,"averageReturn":-8.7,"sample":17},{"week":15,"averageReturn":-10.4,"sample":17},{"week":16,"averageReturn":-14.2,"sample":16},{"week":17,"averageReturn":-14.0,"sample":16},{"week":18,"averageReturn":-14.2,"sample":16},{"week":19,"averageReturn":-14.9,"sample":16},{"week":20,"averageReturn":-15.6,"sample":14},{"week":21,"averageReturn":-15.7,"sample":14},{"week":22,"averageReturn":-15.2,"sample":14},{"week":23,"averageReturn":-13.8,"sample":14},{"week":24,"averageReturn":-15.7,"sample":14},{"week":25,"averageReturn":-17.6,"sample":14},{"week":26,"averageReturn":-18.0,"sample":14}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":36.1,"averageExpectedMove":36.1,"averageWeeksToLargestMove":2.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-26.7,"medianReturn":-26.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-22.3,"medianReturn":-22.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-18.9,"sample":1},{"week":2,"averageReturn":-36.1,"sample":1},{"week":3,"averageReturn":-31.4,"sample":1},{"week":4,"averageReturn":-26.7,"sample":1},{"week":5,"averageReturn":-20.9,"sample":1},{"week":6,"averageReturn":-16.9,"sample":1},{"week":7,"averageReturn":-25.7,"sample":1},{"week":8,"averageReturn":-32.4,"sample":1},{"week":9,"averageReturn":-32.4,"sample":1},{"week":10,"averageReturn":-32.4,"sample":1},{"week":11,"averageReturn":-32.4,"sample":1},{"week":12,"averageReturn":-22.3,"sample":1},{"week":13,"averageReturn":-18.9,"sample":1},{"week":14,"averageReturn":-15.9,"sample":1},{"week":15,"averageReturn":-11.8,"sample":1},{"week":16,"averageReturn":-10.1,"sample":1},{"week":17,"averageReturn":-10.5,"sample":1},{"week":18,"averageReturn":-14.2,"sample":1},{"week":19,"averageReturn":-25.7,"sample":1},{"week":20,"averageReturn":-27.4,"sample":1},{"week":21,"averageReturn":-37.8,"sample":1},{"week":22,"averageReturn":-41.2,"sample":1},{"week":23,"averageReturn":-38.9,"sample":1},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Underlying support lags price","tone":"caution","headline":"Price is leading its underlying support","use":"Market Dynamics must catch up or price may correct toward the weaker underlying position.","confirm":"This is a downside risk watch, not a completed reversal. Stronger Market Dynamics or weaker price is needed to close the gap.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":82.6,"averageReturn":-8.9,"sample":23},"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 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."}},"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, 82.6% of comparable cases moved lower after 12 weeks, with an average move of -8.9% across 23 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, 0.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 130.0 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 19.8% across 23 completed cases, with the largest move arriving after 8.0 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":[{"date":"2026-03-13","price":1.2}],"distribution_rollovers":[],"price_pressure_gaps":[{"date":"2026-03-06","price":1.48}]}},"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":[0.0709,0.0643,0.0725,0.0577,0.0536,0.0569,0.056,0.0495,0.0544,0.0453,0.0495,0.0478,0.0462,0.0462,0.0429,0.0429,0.0445,0.0527,0.0577,0.0569,0.0527,0.0478,0.0511,0.0511,0.0511,0.0511,0.0527,0.0429,0.047,0.0495,0.0453,0.0453,0.0495,0.0445,0.0429,0.0478,0.0445,0.0354,0.0412,0.0453,0.0429,0.0445,0.042,0.0387,0.0412,0.0412,0.0387,0.0371,0.0412,0.0396,0.0412,0.0321,0.028,0.038,0.039,0.036,0.048,0.047,0.049,0.048,0.045,0.042,0.042,0.042,0.045,0.045,0.048,0.05,0.048,0.048,0.048,0.048,0.048,0.048,0.049,0.047,0.039,0.039,0.038,0.04,1.48,1.2,0.945,1.015,1.085,1.17,1.23,1.1,1.0,1.0,1.0,1.0,1.15,1.2,1.245,1.305,1.33,1.325,1.27,1.1,1.075,0.92,0.87,0.905],"consensus":[0.0,-47.2613,35.6319,-65.8686,-62.8203,0.0,-30.7378,-70.0525,0.0,-71.2856,0.0,-32.4344,-46.7747,-8.2523,-48.532,-31.1955,-13.1597,47.6509,49.374,12.8718,-10.3289,-39.8759,0.0,0.0,8.9282,0.0,16.1971,-62.1044,0.0,22.9573,-53.8521,-17.1777,31.161,-48.4956,-33.5322,39.792,-41.8705,-72.2841,15.3445,29.425,-25.2599,22.8917,-21.4566,-51.2263,9.1561,-9.8303,-51.2363,-39.8983,28.5352,-25.5839,29.9078,-67.7658,-64.1222,32.4057,0.0,-21.0286,66.1831,12.4506,54.8622,13.6566,-23.5466,-31.8581,-19.1064,-9.6344,32.4631,24.9883,40.1194,38.9945,0.0,19.9161,13.2339,0.0,11.21,11.6629,21.9008,-17.0313,-66.8461,-47.4879,-54.1343,0.0,49.7028,14.2973,11.419,69.7336,50.2066,60.7399,65.9017,0.0,0.0,0.0,0.0,0.0,69.969,44.5824,57.4098,47.881,42.7548,35.6414,0.0,-57.9761,-46.062,-81.7164,-70.9848,-16.6384],"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":[-58.3995,37.3079,0.0,-22.7749,58.8372,0.1869,56.8054,0.2387,-20.5975,-31.5534,-18.2847,-3.7105,44.2881,26.7853,35.0869,35.653,0.0,16.1762,15.112,0.0,12.9078,13.7011,16.3958,-18.9966,-65.8931,-52.7254,-59.05,0.0,33.8747,14.1206,14.2413,75.9031,75.3887,79.9147,69.8155,0.0,0.0,0.0,0.0,0.0,80.5112,44.8207,67.9637,48.308,41.793,33.5597,0.0,-47.8592,-48.2166,-80.7895,-63.3782,-3.0873],"force":[-78.895,80.9199,0.0,-49.0191,94.2496,20.9896,50.9319,19.6647,-73.9734,-57.6153,-22.9665,-8.5837,35.4138,20.1592,41.8074,26.5253,0.0,6.2566,0.0,0.0,0.0,3.8667,25.0019,-31.2237,-80.4411,-21.8952,-35.2551,0.0,18.4153,44.4736,45.1035,43.5889,22.0709,35.4524,38.5619,0.0,0.0,0.0,0.0,0.0,72.0918,24.4088,36.9288,27.8974,18.6294,7.6504,0.0,-97.0484,-35.1102,-97.4235,-77.6686,-29.4583],"direction":[-60.1106,7.8497,0.0,-0.9603,54.5311,50.352,55.4487,52.7922,-9.1022,-13.8084,-17.2884,-17.1551,16.8411,26.384,44.6651,51.7199,0.0,33.947,20.5403,0.0,17.2769,14.9023,25.9771,-4.6478,-58.2245,-59.7828,-62.0014,0.0,90.1401,88.754,81.1184,81.3576,41.5239,56.8885,80.9573,0.0,0.0,0.0,0.0,0.0,56.4044,58.7199,59.9774,61.6669,61.0865,58.014,0.0,-41.6296,-51.4223,-71.5564,-74.9039,-72.1081],"intensity":[80.7692,94.2308,84.6154,82.6923,100.0,96.1538,19.2308,5.7692,34.6154,34.6154,23.0769,48.0769,36.5385,1.9231,78.8462,40.3846,23.0769,25.0,3.8462,9.6154,11.5385,32.6923,34.6154,34.6154,86.5385,86.5385,13.4615,38.4615,100.0,98.0769,98.0769,94.2308,92.3077,90.3846,92.3077,92.3077,94.2308,82.6923,61.5385,5.7692,90.3846,94.2308,78.8462,78.8462,73.0769,51.9231,76.9231,92.3077,86.5385,84.6154,78.8462,65.3846],"confirmation":[89.0565,58.7816,24.2055,53.0938,90.1459,7.6297,85.4065,7.7542,33.7251,78.9842,74.2442,48.4746,78.2979,75.8217,80.9663,80.1491,30.6814,51.3472,49.1362,26.6874,48.553,48.7968,75.1866,51.1859,89.8196,82.3364,84.6727,35.1266,83.1926,38.3838,37.6494,89.424,82.8249,86.3739,88.1957,35.4776,31.876,4.964,4.2528,3.8598,90.2941,81.6479,85.5861,82.7064,80.961,55.9172,33.0895,87.8973,82.3732,94.6421,91.0347,11.1631],"persistence":[50.0,25.0,12.5,12.5,12.5,12.5,12.5,37.5,37.5,12.5,0.0,0.0,0.0,0.0,0.0,0.0,12.5,37.5,62.5,75.0,75.0,75.0,75.0,50.0,37.5,12.5,12.5,12.5,12.5,12.5,12.5,12.5,37.5,62.5,87.5,87.5,75.0,62.5,50.0,37.5,37.5,37.5,37.5,50.0,62.5,75.0,75.0,62.5,37.5,12.5,12.5,37.5],"assessmentRisk":[17.9072,33.1514,24.3332,45.6465,16.8446,40.2814,20.1046,42.023,13.2907,20.4181,33.4866,35.467,16.2315,16.5968,25.8428,29.0086,33.3122,35.5607,6.6169,36.9776,5.605,5.8315,20.7493,20.6888,16.4519,26.1747,22.9161,49.2002,25.0937,42.5634,43.142,14.3128,62.5957,34.0626,2.6044,6.6412,7.52,21.5567,25.9555,12.0105,17.4921,23.5909,20.4216,26.0375,27.9814,29.3797,18.7304,20.316,26.8544,9.1367,14.5013,40.7472],"volumeParticipation":true,"latest":{"consensus":-16.6,"control":-3.1,"force":-29.5,"direction":-72.1,"confirmation":11.2,"persistence":37.5,"assessmentRisk":40.7,"intensity":65.4,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":false},"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":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-16.6","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-3.1","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-29.5","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-72.1","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"11/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"49.1","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"9.3%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"28.5","detail":"Directional","tone":"positive"},{"label":"Range position","value":"56%","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 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