{"schema_version":"1.0","name":"JBS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"712faff9-b2b2-48b4-9e16-1447b70e8837","symbol":"JBS","name":"JBS N.V.","exchange":"NYSE","country":"US","asset_type":"equity","currency":"USD","sector":"Consumer Defensive","industry":"Packaged Foods"},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has not yet established a clear direction.","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, Activity pressure and cumulative balance, Drawdown and recovery pressure, Range pressure and compression, Directional strength and control."},{"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":"2026-08-14","observations":62,"displayedObservations":62,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has not yet established a clear direction.","evidenceAlignment":{"status":"Repair in progress","headline":"Market Dynamics is improving while price remains rotational","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has not yet established a clear direction.","take":"Treat the repair as constructive context until price confirms it.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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"],"values":[-0.197711,-0.166685,0.037888,0.278579,0.490661,0.727028,0.91044,0.985742,1.024823,1.054379,0.983366,0.794697,0.467011,0.424197,0.459903,0.620566,0.931889,0.795477,0.549158,0.300953,-0.074546,-0.358268,-0.529454,-0.672355,-0.770577,-0.875097,-0.823585,-0.888132,-0.953106,-1.001973,-1.139865,-0.812605,-0.44774,-0.024556],"opens":[13.156912,13.41671,13.064127,12.841443,13.555887,14.381674,14.613636,14.956941,14.854877,15.068283,15.504372,14.377035,14.066205,13.490938,15.959019,16.654906,17.007489,16.422944,15.318802,14.891991,15.114675,12.72,13.26,12.09,12.03,12.63,11.8,12.18,12.16,11.84,11.98,12.79,13.93,14.0],"highs":[13.593001,13.546609,13.254336,14.010534,14.567244,14.711061,14.975498,15.161068,15.137872,15.731696,15.713139,14.7157,14.409509,15.921905,16.891508,17.304401,17.016768,16.617792,15.485815,15.550486,15.133232,13.56,13.42,12.385,12.59,12.71,12.3606,12.4192,12.475,12.325,12.33,14.315,14.345,14.05],"lows":[13.119798,13.082684,12.284733,12.836804,13.500216,14.205382,14.455902,14.571883,14.59044,14.887352,14.056926,13.889913,13.16619,13.361039,15.940462,16.163146,16.283766,15.179625,14.316724,14.683225,12.507417,12.4,12.37,11.79,11.49,11.84,11.735,11.79,11.66,11.6986,11.75,12.65,13.45,12.7],"closes":[13.509495,13.156912,12.943506,13.611558,14.502294,14.613636,14.678586,14.845599,15.114675,15.671385,14.400231,13.991977,13.221861,15.801284,16.469336,16.998211,16.432222,15.420866,14.919827,14.947662,12.507417,13.21,12.47,12.24,12.54,11.93,12.22,12.26,11.91,11.91,12.28,14.02,14.23,13.65],"hoverRows":[[{"label":"Open","value":"13.2","className":"is-ohlc","compact":true},{"label":"High","value":"13.6","className":"is-ohlc","compact":true},{"label":"Low","value":"13.1","className":"is-ohlc","compact":true},{"label":"Close","value":"13.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.20","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.4","className":"is-ohlc","compact":true},{"label":"High","value":"13.5","className":"is-ohlc","compact":true},{"label":"Low","value":"13.1","className":"is-ohlc","compact":true},{"label":"Close","value":"13.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.17","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.1","className":"is-ohlc","compact":true},{"label":"High","value":"13.3","className":"is-ohlc","compact":true},{"label":"Low","value":"12.3","className":"is-ohlc","compact":true},{"label":"Close","value":"12.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.04","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.8","className":"is-ohlc","compact":true},{"label":"High","value":"14.0","className":"is-ohlc","compact":true},{"label":"Low","value":"12.8","className":"is-ohlc","compact":true},{"label":"Close","value":"13.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.28","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.6","className":"is-ohlc","compact":true},{"label":"High","value":"14.6","className":"is-ohlc","compact":true},{"label":"Low","value":"13.5","className":"is-ohlc","compact":true},{"label":"Close","value":"14.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.49","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.4","className":"is-ohlc","compact":true},{"label":"High","value":"14.7","className":"is-ohlc","compact":true},{"label":"Low","value":"14.2","className":"is-ohlc","compact":true},{"label":"Close","value":"14.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.73","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.6","className":"is-ohlc","compact":true},{"label":"High","value":"15.0","className":"is-ohlc","compact":true},{"label":"Low","value":"14.5","className":"is-ohlc","compact":true},{"label":"Close","value":"14.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.91","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.0","className":"is-ohlc","compact":true},{"label":"High","value":"15.2","className":"is-ohlc","compact":true},{"label":"Low","value":"14.6","className":"is-ohlc","compact":true},{"label":"Close","value":"14.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.99","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.9","className":"is-ohlc","compact":true},{"label":"High","value":"15.1","className":"is-ohlc","compact":true},{"label":"Low","value":"14.6","className":"is-ohlc","compact":true},{"label":"Close","value":"15.1","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":"15.1","className":"is-ohlc","compact":true},{"label":"High","value":"15.7","className":"is-ohlc","compact":true},{"label":"Low","value":"14.9","className":"is-ohlc","compact":true},{"label":"Close","value":"15.7","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":"15.5","className":"is-ohlc","compact":true},{"label":"High","value":"15.7","className":"is-ohlc","compact":true},{"label":"Low","value":"14.1","className":"is-ohlc","compact":true},{"label":"Close","value":"14.4","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":"14.4","className":"is-ohlc","compact":true},{"label":"High","value":"14.7","className":"is-ohlc","compact":true},{"label":"Low","value":"13.9","className":"is-ohlc","compact":true},{"label":"Close","value":"14.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.79","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.1","className":"is-ohlc","compact":true},{"label":"High","value":"14.4","className":"is-ohlc","compact":true},{"label":"Low","value":"13.2","className":"is-ohlc","compact":true},{"label":"Close","value":"13.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.47","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.5","className":"is-ohlc","compact":true},{"label":"High","value":"15.9","className":"is-ohlc","compact":true},{"label":"Low","value":"13.4","className":"is-ohlc","compact":true},{"label":"Close","value":"15.8","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":"16.0","className":"is-ohlc","compact":true},{"label":"High","value":"16.9","className":"is-ohlc","compact":true},{"label":"Low","value":"15.9","className":"is-ohlc","compact":true},{"label":"Close","value":"16.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.46","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"16.7","className":"is-ohlc","compact":true},{"label":"High","value":"17.3","className":"is-ohlc","compact":true},{"label":"Low","value":"16.2","className":"is-ohlc","compact":true},{"label":"Close","value":"17.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.62","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17.0","className":"is-ohlc","compact":true},{"label":"High","value":"17.0","className":"is-ohlc","compact":true},{"label":"Low","value":"16.3","className":"is-ohlc","compact":true},{"label":"Close","value":"16.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.93","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"16.4","className":"is-ohlc","compact":true},{"label":"High","value":"16.6","className":"is-ohlc","compact":true},{"label":"Low","value":"15.2","className":"is-ohlc","compact":true},{"label":"Close","value":"15.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.80","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.3","className":"is-ohlc","compact":true},{"label":"High","value":"15.5","className":"is-ohlc","compact":true},{"label":"Low","value":"14.3","className":"is-ohlc","compact":true},{"label":"Close","value":"14.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.55","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.9","className":"is-ohlc","compact":true},{"label":"High","value":"15.6","className":"is-ohlc","compact":true},{"label":"Low","value":"14.7","className":"is-ohlc","compact":true},{"label":"Close","value":"14.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.30","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.1","className":"is-ohlc","compact":true},{"label":"High","value":"15.1","className":"is-ohlc","compact":true},{"label":"Low","value":"12.5","className":"is-ohlc","compact":true},{"label":"Close","value":"12.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.07","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.7","className":"is-ohlc","compact":true},{"label":"High","value":"13.6","className":"is-ohlc","compact":true},{"label":"Low","value":"12.4","className":"is-ohlc","compact":true},{"label":"Close","value":"13.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.36","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.3","className":"is-ohlc","compact":true},{"label":"High","value":"13.4","className":"is-ohlc","compact":true},{"label":"Low","value":"12.4","className":"is-ohlc","compact":true},{"label":"Close","value":"12.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.53","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.1","className":"is-ohlc","compact":true},{"label":"High","value":"12.4","className":"is-ohlc","compact":true},{"label":"Low","value":"11.8","className":"is-ohlc","compact":true},{"label":"Close","value":"12.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.67","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.0","className":"is-ohlc","compact":true},{"label":"High","value":"12.6","className":"is-ohlc","compact":true},{"label":"Low","value":"11.5","className":"is-ohlc","compact":true},{"label":"Close","value":"12.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.77","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.6","className":"is-ohlc","compact":true},{"label":"High","value":"12.7","className":"is-ohlc","compact":true},{"label":"Low","value":"11.8","className":"is-ohlc","compact":true},{"label":"Close","value":"11.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.88","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.8","className":"is-ohlc","compact":true},{"label":"High","value":"12.4","className":"is-ohlc","compact":true},{"label":"Low","value":"11.7","className":"is-ohlc","compact":true},{"label":"Close","value":"12.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.82","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.2","className":"is-ohlc","compact":true},{"label":"High","value":"12.4","className":"is-ohlc","compact":true},{"label":"Low","value":"11.8","className":"is-ohlc","compact":true},{"label":"Close","value":"12.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.89","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.2","className":"is-ohlc","compact":true},{"label":"High","value":"12.5","className":"is-ohlc","compact":true},{"label":"Low","value":"11.7","className":"is-ohlc","compact":true},{"label":"Close","value":"11.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.95","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.8","className":"is-ohlc","compact":true},{"label":"High","value":"12.3","className":"is-ohlc","compact":true},{"label":"Low","value":"11.7","className":"is-ohlc","compact":true},{"label":"Close","value":"11.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.00","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.0","className":"is-ohlc","compact":true},{"label":"High","value":"12.3","className":"is-ohlc","compact":true},{"label":"Low","value":"11.8","className":"is-ohlc","compact":true},{"label":"Close","value":"12.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.14","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.8","className":"is-ohlc","compact":true},{"label":"High","value":"14.3","className":"is-ohlc","compact":true},{"label":"Low","value":"12.7","className":"is-ohlc","compact":true},{"label":"Close","value":"14.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.81","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.9","className":"is-ohlc","compact":true},{"label":"High","value":"14.3","className":"is-ohlc","compact":true},{"label":"Low","value":"13.4","className":"is-ohlc","compact":true},{"label":"Close","value":"14.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.45","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.0","className":"is-ohlc","compact":true},{"label":"High","value":"14.1","className":"is-ohlc","compact":true},{"label":"Low","value":"12.7","className":"is-ohlc","compact":true},{"label":"Close","value":"13.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.02","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[11.604707,17.303504],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.024556,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened 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":"Underlying pressure is repairing","detail":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","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 below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","annotations":[{"label":"Current tape relationship","value":"Underlying pressure is repairing","detail":"Market Dynamics improved this week but remains below zero.","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":"Repairing","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":34,"relationship":{"sameWeekCorrelation":0.36,"forwardCorrelation":-0.28,"directionalAgreement":51.7,"sample":29,"correlationSample":33,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.5,"medianWeeksInZone":1.5,"averageWeeksToHigher":1.5,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"medianReturn":9.7,"averageReturn":9.7,"confidenceLow":9.5,"confidenceHigh":90.5,"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":1.2,"sample":2},{"week":2,"averageReturn":2.9,"sample":2},{"week":3,"averageReturn":8.8,"sample":2},{"week":4,"averageReturn":9.7,"sample":2},{"week":5,"averageReturn":8.8,"sample":2},{"week":6,"averageReturn":17.5,"sample":1},{"week":7,"averageReturn":19.3,"sample":1},{"week":8,"averageReturn":14.4,"sample":1},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"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":-12.1,"averageReturn":-12.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-27.9,"averageReturn":-27.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-3.3,"sample":1},{"week":2,"averageReturn":-9.3,"sample":1},{"week":3,"averageReturn":-12.2,"sample":1},{"week":4,"averageReturn":-12.1,"sample":1},{"week":5,"averageReturn":-26.4,"sample":1},{"week":6,"averageReturn":-22.3,"sample":1},{"week":7,"averageReturn":-26.6,"sample":1},{"week":8,"averageReturn":-28.0,"sample":1},{"week":9,"averageReturn":-26.2,"sample":1},{"week":10,"averageReturn":-29.8,"sample":1},{"week":11,"averageReturn":-28.1,"sample":1},{"week":12,"averageReturn":-27.9,"sample":1},{"week":13,"averageReturn":-29.9,"sample":1},{"week":14,"averageReturn":-29.9,"sample":1},{"week":15,"averageReturn":-27.8,"sample":1},{"week":16,"averageReturn":-17.5,"sample":1},{"week":17,"averageReturn":-16.3,"sample":1},{"week":18,"averageReturn":-19.7,"sample":1},{"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":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":12.4,"averageExpectedMove":12.4,"averageWeeksToLargestMove":6.5,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":0.9,"medianReturn":0.9,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-5.6,"medianReturn":-5.6,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-15.3,"medianReturn":-15.3,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.5,"sample":2},{"week":2,"averageReturn":4.4,"sample":2},{"week":3,"averageReturn":3.2,"sample":2},{"week":4,"averageReturn":0.9,"sample":2},{"week":5,"averageReturn":1.2,"sample":2},{"week":6,"averageReturn":-3.1,"sample":2},{"week":7,"averageReturn":-12.2,"sample":2},{"week":8,"averageReturn":-12.6,"sample":2},{"week":9,"averageReturn":-6.1,"sample":2},{"week":10,"averageReturn":-4.5,"sample":2},{"week":11,"averageReturn":-1.7,"sample":2},{"week":12,"averageReturn":-5.6,"sample":2},{"week":13,"averageReturn":-8.2,"sample":2},{"week":14,"averageReturn":-9.8,"sample":2},{"week":15,"averageReturn":-10.8,"sample":2},{"week":16,"averageReturn":-19.2,"sample":2},{"week":17,"averageReturn":-15.6,"sample":2},{"week":18,"averageReturn":-12.6,"sample":2},{"week":19,"averageReturn":-12.8,"sample":2},{"week":20,"averageReturn":-13.6,"sample":2},{"week":21,"averageReturn":-17.7,"sample":1},{"week":22,"averageReturn":-15.7,"sample":1},{"week":23,"averageReturn":-15.5,"sample":1},{"week":24,"averageReturn":-17.9,"sample":1},{"week":25,"averageReturn":-17.9,"sample":1},{"week":26,"averageReturn":-15.3,"sample":1}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":3,"completedEpisodes":1,"activeEpisodes":2,"medianExpectedMove":4.8,"averageExpectedMove":4.8,"averageWeeksToLargestMove":8.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":1,"expectedPercent":33.3,"averageReturn":6.5,"medianReturn":0.3,"confidenceLow":6.1,"confidenceHigh":79.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":13.8,"medianReturn":13.8,"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":2.7,"sample":3},{"week":2,"averageReturn":1.9,"sample":3},{"week":3,"averageReturn":5.1,"sample":3},{"week":4,"averageReturn":6.5,"sample":3},{"week":5,"averageReturn":4.3,"sample":3},{"week":6,"averageReturn":7.6,"sample":2},{"week":7,"averageReturn":8.7,"sample":2},{"week":8,"averageReturn":4.8,"sample":2},{"week":9,"averageReturn":-4.8,"sample":1},{"week":10,"averageReturn":-1.8,"sample":1},{"week":11,"averageReturn":12.1,"sample":1},{"week":12,"averageReturn":13.8,"sample":1},{"week":13,"averageReturn":9.1,"sample":1},{"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}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":3,"completedEpisodes":0,"activeEpisodes":3,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":4.7,"medianReturn":4.7,"confidenceLow":9.5,"confidenceHigh":90.5,"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":2.2,"sample":3},{"week":2,"averageReturn":3.5,"sample":3},{"week":3,"averageReturn":3.0,"sample":3},{"week":4,"averageReturn":4.7,"sample":2},{"week":5,"averageReturn":5.5,"sample":2},{"week":6,"averageReturn":4.6,"sample":2},{"week":7,"averageReturn":11.8,"sample":1},{"week":8,"averageReturn":13.5,"sample":1},{"week":9,"averageReturn":8.9,"sample":1},{"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}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":10.6,"averageExpectedMove":10.6,"averageWeeksToLargestMove":3.5,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":0.0,"medianReturn":0.0,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-18.1,"medianReturn":-18.1,"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":-3.0,"sample":2},{"week":2,"averageReturn":-5.6,"sample":2},{"week":3,"averageReturn":-4.6,"sample":2},{"week":4,"averageReturn":0.0,"sample":2},{"week":5,"averageReturn":-0.5,"sample":2},{"week":6,"averageReturn":-3.3,"sample":2},{"week":7,"averageReturn":-5.8,"sample":2},{"week":8,"averageReturn":-9.5,"sample":2},{"week":9,"averageReturn":-8.5,"sample":2},{"week":10,"averageReturn":-16.8,"sample":2},{"week":11,"averageReturn":-15.5,"sample":2},{"week":12,"averageReturn":-18.1,"sample":2},{"week":13,"averageReturn":-17.7,"sample":2},{"week":14,"averageReturn":-11.0,"sample":2},{"week":15,"averageReturn":-12.4,"sample":2},{"week":16,"averageReturn":-13.3,"sample":2},{"week":17,"averageReturn":-14.9,"sample":1},{"week":18,"averageReturn":-17.3,"sample":1},{"week":19,"averageReturn":-17.3,"sample":1},{"week":20,"averageReturn":-14.7,"sample":1},{"week":21,"averageReturn":-2.6,"sample":1},{"week":22,"averageReturn":-1.2,"sample":1},{"week":23,"averageReturn":-5.2,"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":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":27.6,"averageExpectedMove":27.6,"averageWeeksToLargestMove":11.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-9.4,"medianReturn":-9.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-25.8,"medianReturn":-25.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.2,"sample":1},{"week":2,"averageReturn":-0.2,"sample":1},{"week":3,"averageReturn":-6.4,"sample":1},{"week":4,"averageReturn":-9.4,"sample":1},{"week":5,"averageReturn":-9.2,"sample":1},{"week":6,"averageReturn":-24.1,"sample":1},{"week":7,"averageReturn":-19.8,"sample":1},{"week":8,"averageReturn":-24.3,"sample":1},{"week":9,"averageReturn":-25.7,"sample":1},{"week":10,"averageReturn":-23.9,"sample":1},{"week":11,"averageReturn":-27.6,"sample":1},{"week":12,"averageReturn":-25.8,"sample":1},{"week":13,"averageReturn":-25.6,"sample":1},{"week":14,"averageReturn":-27.7,"sample":1},{"week":15,"averageReturn":-27.7,"sample":1},{"week":16,"averageReturn":-25.4,"sample":1},{"week":17,"averageReturn":-14.9,"sample":1},{"week":18,"averageReturn":-13.6,"sample":1},{"week":19,"averageReturn":-17.1,"sample":1},{"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":"Repair in progress","tone":"caution","headline":"Market Dynamics is repairing while price remains rotational","use":"The repair is constructive, but price has not yet established a clear response.","confirm":"Treat the repair as constructive context until price confirms it.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price has no clear direction","detail":"Price remains rotational while the Market Dynamics condition develops."}},"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 distribution to protect capital before considering the short case","tone":"negative","finding":"After distribution, 100.0% of completed 12-week outcomes were lower across 1 cases. Distinct visits lasted 1.0 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 10.6% across 2 completed cases, with the largest move arriving after 3.5 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":"2026-04-03","price":16.469336}],"reversal_dangers":[{"date":"2026-04-17","price":16.432222}]}},"smTape":{"available":true,"dates":["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":[12.8693,12.6002,13.6858,13.1569,12.5816,12.2383,12.4146,12.7394,13.259,13.2683,14.2611,15.0404,14.9105,14.6415,14.1404,13.5744,13.3146,11.728,12.0899,11.7744,12.2569,12.0342,12.3033,12.7394,13.6301,13.3146,13.361,13.4538,13.5095,13.1569,12.9435,13.6116,14.5023,14.6136,14.6786,14.8456,15.1147,15.6714,14.4002,13.992,13.2219,15.8013,16.4693,16.9982,16.4322,15.4209,14.9198,14.9477,12.5074,13.21,12.47,12.24,12.54,11.93,12.22,12.26,11.91,11.91,12.28,14.02,14.23,13.65],"consensus":[-37.8643,-69.4656,65.1551,-16.4333,-24.558,-26.3666,-10.9507,0.0,42.1009,23.7378,70.0486,59.5638,40.2003,23.2082,-15.8846,-39.976,-34.5019,-71.5114,-11.6776,-54.6833,0.0,-26.364,0.0,21.1813,54.2482,0.0,23.5422,25.5985,20.3491,-16.5757,-12.8575,34.5162,59.9327,44.4752,33.6131,34.6428,49.6175,63.0114,-32.6431,-31.7446,-55.5685,58.9503,54.2134,55.1163,11.0419,-26.2918,-26.5782,-15.6276,-74.0505,0.0,-67.4036,-37.1993,0.0,-59.6515,0.0,-13.8763,-40.4186,-23.6738,0.0,61.1023,43.272,-4.5965],"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":[63.2017,43.846,35.9882,13.7567,-20.3471,-34.803,-31.1048,-67.4392,-1.7994,-58.0862,0.0,-32.2856,0.0,16.3937,54.5243,0.0,19.7789,24.9207,29.4871,-21.0632,-8.3721,37.2298,64.7901,45.9003,27.0458,28.6989,56.8601,68.1911,-32.9733,-30.8065,-53.7185,59.2031,52.3956,56.0226,1.5384,-27.2937,-20.0691,-8.5479,-69.4427,0.0,-64.4959,-22.9871,0.0,-61.7153,0.0,-11.8095,-41.2125,-27.8916,0.0,56.2109,43.9624,-1.3831],"force":[86.5841,67.9386,9.9309,10.4307,-48.4968,-57.0913,-40.4722,-94.3801,-27.9599,-44.3493,0.0,-20.0343,0.0,41.5628,71.837,0.0,18.638,20.1283,13.9285,-31.8413,-17.4583,47.7257,63.9155,27.6397,13.8652,15.7675,34.7154,57.9551,-81.8619,-45.4058,-69.9123,89.2801,50.4653,43.3405,32.144,-65.8352,-39.0281,-12.2805,-99.0876,0.0,-80.6323,-24.2435,0.0,-57.6992,0.0,-9.3926,-29.906,-2.9918,0.0,91.4334,33.5371,-28.2958],"direction":[66.0627,71.545,66.635,58.0378,-12.5098,-33.6628,-34.1198,-59.8306,-55.3924,-58.1757,0.0,-24.1178,0.0,12.0946,41.3692,0.0,31.346,30.2804,14.4917,-0.5432,-14.6973,21.9794,51.5367,54.872,55.2243,54.9181,51.9845,60.7036,-2.8907,-23.0589,-47.4373,36.9972,58.9681,62.4918,56.2665,-3.0984,-25.1246,-26.1095,-61.433,0.0,-61.2777,-62.6961,0.0,-58.6875,0.0,-32.859,-47.0201,-33.6264,0.0,45.0273,49.4365,-34.9246],"intensity":[90.0,100.0,91.6667,30.7692,50.0,60.0,18.75,94.1176,83.3333,31.5789,45.0,9.5238,36.3636,39.1304,75.0,32.0,61.5385,25.9259,3.5714,41.3793,73.3333,70.9677,81.25,66.6667,17.6471,8.5714,27.7778,64.8649,92.1053,84.6154,70.0,100.0,100.0,51.1628,52.2727,84.4444,84.7826,34.0426,95.8333,89.7959,60.0,76.4706,23.0769,53.8462,28.8462,1.9231,32.6923,5.7692,38.4615,92.3077,67.3077,59.6154],"confirmation":[91.0238,87.5552,80.0058,31.4374,31.3444,81.3928,79.2743,91.6427,9.0828,85.1319,8.2226,76.1534,4.6989,75.4721,85.8912,29.299,75.4414,76.0351,74.1768,51.0344,72.323,79.4064,87.2258,81.6973,78.2544,78.601,83.3131,87.9306,57.8908,78.5889,86.2473,87.7846,85.2618,85.2645,9.5946,55.5976,76.9837,73.0067,92.5294,11.3477,90.0166,79.7255,7.9114,86.9975,8.4109,28.4332,80.6015,52.2144,29.3345,88.5516,81.5398,6.891],"persistence":[12.5,12.5,37.5,62.5,62.5,50.0,25.0,0.0,25.0,50.0,62.5,87.5,75.0,50.0,25.0,12.5,12.5,37.5,50.0,50.0,37.5,37.5,37.5,50.0,50.0,50.0,50.0,75.0,75.0,50.0,25.0,25.0,25.0,25.0,25.0,0.0,0.0,0.0,0.0,12.5,37.5,62.5,75.0,75.0,62.5,62.5,62.5,75.0,62.5,37.5,25.0,12.5],"assessmentRisk":[14.833,20.1878,29.6502,37.7666,2.6793,29.6926,32.5926,14.2333,43.9917,22.2821,42.5284,35.5924,17.896,35.8471,21.8674,47.4105,35.3487,29.003,20.5489,5.0589,34.322,1.8771,19.1605,27.6766,33.1771,32.478,20.9749,18.241,8.5643,30.3743,22.0867,22.2851,21.9361,22.3308,44.3952,6.0723,33.0097,40.8644,12.8647,43.973,14.8439,30.5984,3.1281,10.9137,10.7333,8.2041,14.0657,10.5136,1.5131,17.3814,27.7397,47.2938],"volumeParticipation":true,"latest":{"consensus":-4.6,"control":-1.4,"force":-28.3,"direction":-34.9,"confirmation":6.9,"persistence":12.5,"assessmentRisk":47.3,"intensity":59.6,"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 strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-4.6","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-1.4","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-28.3","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-34.9","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"7/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"51.2","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"7.7%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"22.8","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"37%","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 is rotating through its trend references.","series":[{"label":"Close","values":[12.8693,12.6002,13.6858,13.1569,12.5816,12.2383,12.4146,12.7394,13.259,13.2683,14.2611,15.0404,14.9105,14.6415,14.1404,13.5744,13.3146,11.728,12.0899,11.7744,12.2569,12.0342,12.3033,12.7394,13.6301,13.3146,13.361,13.4538,13.5095,13.1569,12.9435,13.6116,14.5023,14.6136,14.6786,14.8456,15.1147,15.6714,14.4002,13.992,13.2219,15.8013,16.4693,16.9982,16.4322,15.4209,14.9198,14.9477,12.5074,13.21,12.47,12.24,12.54,11.93,12.22,12.26,11.91,11.91,12.28,14.02,14.23,13.65],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,12.9324,12.8062,12.735,12.7358,12.8309,12.9104,13.156,13.4986,13.7553,13.9165,13.9572,13.8876,13.7834,13.4097,13.1697,12.916,12.7962,12.6577,12.5932,12.6198,12.8035,12.8964,12.9809,13.0669,13.1474,13.1491,13.1117,13.2026,13.4389,13.6525,13.8391,14.0221,14.2207,14.4845,14.4692,14.3824,14.1714,14.4677,14.8317,15.2256,15.445,15.4406,15.3459,15.2735,14.7706,14.4868,14.1201,13.7783,13.5531,13.258,13.0693,12.9222,12.7381,12.5876,12.5316,12.8022,13.0618,13.1688],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,13.266,13.3679,13.4251,13.4362,13.4272,13.3013,13.2116,13.1051,13.0423,12.9676,12.9184,12.9052,12.9589,12.9852,13.0131,13.0457,13.0801,13.0858,13.0752,13.1149,13.2177,13.3211,13.4217,13.5271,13.6447,13.7949,13.8397,13.851,13.8044,13.9523,14.1387,14.3506,14.5048,14.5726,14.5983,14.6242,14.4674,14.3743,14.2332,14.0856,13.9711,13.8199,13.7014,13.5946,13.4698,13.3543,13.2747,13.3299,13.3966,13.4154],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,13.7383,14.1456,14.7423,15.0755,15.2395,15.2639,15.2149,15.1553,15.1905,15.1625,15.1552,15.1643,15.1842,15.1322,15.1165,15.1704,15.1852,15.2034,15.229,15.2447,15.2397,15.1234,14.8706,14.774,14.7676,14.8761,15.0861,15.3536,15.6685,15.7213,15.6653,15.6133,15.8293,16.1818,16.6366,16.9194,16.9914,17.0018,17.0078,17.107,17.1029,17.1571,17.2742,17.3276,17.4119,17.429,17.4043,17.3495,17.1822,17.1254,17.1274,17.1787,16.9381],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,12.0244,11.868,11.6102,11.5438,11.5701,11.6438,11.7078,11.7501,11.5233,11.418,11.2737,11.2033,11.1269,11.0406,11.0145,11.0655,11.1583,11.2347,11.2806,11.29,11.2838,11.2684,11.3783,11.434,11.4377,11.383,11.3,11.2126,11.292,11.4703,11.748,11.8965,12.0572,12.1213,12.0924,12.0899,12.2285,12.3739,12.5173,12.3179,12.3273,12.2257,11.9715,11.7219,11.3692,11.1063,10.8724,10.6067,10.3979,10.2426,10.2435,10.293,10.3184],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"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,-19.2481,-17.3586,-21.7016,-17.3987,-18.5137,-21.5613,-20.0485,-16.8322,-5.9009,-7.4961,-11.3385],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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,78.6648,68.1559,110.1665,151.8973,169.6756,80.6505,104.3737,111.5612,91.6453,101.0994,178.8121,121.7819,98.15,110.1706,119.4166,118.8989,108.4848,108.4511,91.2564,91.7203,75.795,37.8814,59.6801,103.3331,77.4112,63.9479,88.7592,91.9944,63.6793,49.8358,83.189,136.028,85.6336,96.0246,133.6461,101.6952,78.4169,99.4538,108.8988,100.5696,105.8165,212.218,184.5107,182.8978,212.3939,113.1721,99.2599,158.5519,98.4261,66.9331,59.151,53.4403,131.9746,77.4189,134.7654],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,80.6409,87.537,98.8112,115.2068,134.76,125.6134,113.7365,100.9359,90.4788,78.9349,65.0,77.1625,67.3697,78.7405,66.5242,78.7254,90.0051,101.2235,91.5962,101.4459,109.6373,113.7007,107.3879,96.5984,104.358,110.7309,119.5327,128.5865,134.7764,135.0,135.0,125.9024,120.2455,114.0096,122.6582,129.1047,133.9353,127.9256,121.3795,115.4025,121.7016,107.9285,120.6423,107.5805,91.2971,100.2091,92.327,105.4205,113.7307,108.0057,108.0057,112.4381,123.7579,130.4145,118.6147],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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,-2.0908,0.0,-3.8644,-8.0678,-10.5763,-9.2881,-6.9152,-3.1186,-3.0508,0.0,0.0,-0.8637,-2.6527,-5.984,-9.7471,-11.4744,-22.0234,-19.6175,-21.715,-18.5071,-19.9877,-18.1986,-15.2992,-9.3769,-11.4744,-11.1659,-10.549,-10.1789,-12.5231,-13.942,-9.5003,-3.578,-2.8378,-2.4059,-1.2955,0.0,0.0,-8.1113,-10.7164,-15.6306,0.0,0.0,0.0,-3.3297,-9.2795,-12.2271,-12.0633,-26.4192,-22.2859,-26.6393,-27.9924,-26.2275,-29.8161,-28.1101,-27.8748,-29.9338,-29.9338,-27.7571,-17.5207,-16.2853,-19.6974],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,4.094,8.3396,8.4155,16.5277,22.8961,21.8347,19.6361,15.5421,10.9174,8.7945,0.0,3.0854,0.3956,4.5095,2.6108,4.9051,8.6234,16.2184,13.5285,13.9241,14.7152,15.1899,12.1835,10.3639,16.0601,23.6551,24.6044,25.1582,26.5823,28.8766,33.6234,22.7848,19.3038,12.7373,34.731,40.4272,44.3656,39.5587,28.1419,23.9784,21.4932,0.0,5.6173,0.0,0.0,2.451,0.0,2.4308,2.7661,0.0,0.0,3.1066,17.7162,19.4794,14.6096],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,6.6227,6.703,6.8792,6.9679,8.4644,8.0165,7.9923,7.5105,7.6759,7.2787,6.902,6.5251,6.7078,6.6187,6.4016,6.17,6.1347,6.3255,6.2014,5.9303,5.7119,5.5333,5.3637,5.1506,4.9977,5.8719,6.0331,6.6001,6.3488,6.129,5.9937,6.0759,6.6781,6.969,6.8736,9.1275,8.652,9.1122,9.0171,8.7993,9.1095,8.6237,8.3482,8.4685,8.2393,7.7576,7.3463,7.1701,7.7415],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,13.3049,17.5108,23.7708,26.5346,27.3734,26.9077,26.0531,25.3123,27.4555,28.1748,29.3736,30.0445,30.841,31.2661,31.3959,31.2924,30.5724,30.0223,29.7885,29.8074,29.8288,29.2139,26.6088,25.4886,25.4136,26.6048,28.6976,31.1742,32.4658,31.2667,28.5799,27.0219,27.0532,28.693,31.6347,33.2965,32.6008,31.5084,30.4177,32.5519,32.4536,33.5666,36.2629,38.5938,41.9912,44.3146,46.1999,48.2379,49.1971,50.2982,50.3007,50.1292,48.5732],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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"]},{"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,34.5824,33.3595,32.2853,31.2127,29.1803,27.9883,27.5397,27.2822,27.3329,27.5793,27.8081,28.6423,27.8305,26.7975,25.0186,24.7886,25.3477,26.154,26.9027,26.0742,24.3485,22.811,22.829,22.9183,23.0226,23.5307,24.2054,24.6684,25.1773,25.5605,26.0264,26.459,26.8514,25.4531,24.1864,22.7904],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,25.0093,23.7579,22.3921,20.9285,18.162,17.274,18.0339,17.8025,18.3754,17.6003,19.9616,24.6594,25.2509,23.6802,23.1164,22.5766,21.6497,19.8184,24.249,26.7237,26.798,27.899,28.0891,26.6783,30.0396,25.8369,24.0315,21.5859,28.2045,32.8898,33.153,31.4144,28.2808,26.0095,24.8909,20.8015,19.2935,18.0201,17.227,16.0004,15.8741,15.201,14.9425,14.08,13.438,12.8911,24.8381,23.4919,21.0623],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,5.4819,6.9557,11.0981,12.3014,23.4936,22.6184,21.6308,20.5329,19.0008,18.1993,17.2116,15.8008,14.6107,17.0368,16.2437,15.585,15.2736,20.943,18.8629,17.1913,16.4474,15.6958,14.8663,14.1196,13.0323,18.224,18.3638,22.4187,18.1088,16.7117,15.3746,14.5683,20.7735,25.0329,23.5236,33.2725,31.5317,29.6391,32.0883,31.7454,29.9302,29.3727,28.0829,27.3827,26.1342,24.9976,21.4697,20.1245,23.1128],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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"]}]},"canonical_url":"https://sharemaestro.com/terminal/712faff9-b2b2-48b4-9e16-1447b70e8837/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/712faff9-b2b2-48b4-9e16-1447b70e8837/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/712faff9-b2b2-48b4-9e16-1447b70e8837/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/712faff9-b2b2-48b4-9e16-1447b70e8837/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/712faff9-b2b2-48b4-9e16-1447b70e8837/technical-pack/data.json"},"source_fingerprint":"51602eed970e419fdec259d24a4d28286708dc7715263e0d7de3117ff99774ab","content_hash":"77b81b6ff21e9d00adeff6401fc490d0412b429e8cd3eecb3a7bc525be36d03a","citation":"Sharemaestro, JBS Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/712faff9-b2b2-48b4-9e16-1447b70e8837/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."}