{"schema_version":"1.0","name":"DEFS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"721b4598-4159-442d-92ca-d36d4a51d70b","symbol":"DEFS","name":"AMUNDI STOXX EUROPE DEFENSE UCI","exchange":"PAR","country":"FR","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","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, Acceleration, deceleration and rollover, Activity pressure and cumulative balance, Strength versus the research benchmark, Range position and boundary pressure, Range pressure and compression."},{"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":67,"displayedObservations":67,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","evidenceAlignment":{"status":"Evidence aligned","headline":"Upward price structure retains strong Market Dynamics support","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","take":"The advance remains supported. Reclassify it only if the broader Market Dynamics path weakens or price structure breaks.","tone":"positive","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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"],"values":[-0.585458,-0.777015,-0.858541,-0.914087,-0.900621,-0.900841,-0.567412,-0.108681,0.346177,0.717642,0.732309,0.662873,0.60369,0.598398,0.617027,0.577397,0.369785,-0.033744,-0.34694,-0.650689,-0.798057,-0.835118,-0.954638,-0.92573,-0.930405,-0.888391,-0.789673,-0.849916,-0.855909,-0.796105,-0.850031,-0.564166,-0.379035,-0.246002,0.050462,0.206762,0.471653,0.711523,0.834721],"opens":[5.338,5.29,5.5,5.533,5.638,5.552,6.0,6.587,6.675,6.458,6.164,6.156,6.21,6.441,6.457,6.083,6.28,5.772,5.52,6.073,5.985,6.103,5.581,5.681,5.542,5.145,5.668,5.586,5.71,5.796,5.515,6.069,5.77,5.584,5.709,6.033,6.208,6.446,6.616],"highs":[5.445,5.529,5.683,5.658,5.67,5.836,6.56,6.652,6.719,6.465,6.31,6.247,6.557,6.472,6.489,6.465,6.413,6.05,6.169,6.223,6.264,6.103,5.643,5.962,5.543,5.621,5.938,5.647,5.751,5.82,5.515,6.069,5.797,5.7,5.95,6.225,6.56,6.666,6.65],"lows":[5.245,5.19,5.496,5.386,5.591,5.507,5.993,6.462,6.282,6.224,5.92,6.02,6.171,6.286,6.076,6.007,5.903,5.566,5.51,5.867,5.958,5.53,5.454,5.515,5.174,5.121,5.65,5.57,5.593,5.745,5.423,5.991,5.71,5.559,5.631,5.926,6.188,6.413,6.232],"closes":[5.426,5.473,5.555,5.654,5.625,5.836,6.556,6.588,6.46,6.267,6.078,6.215,6.539,6.311,6.199,6.25,5.912,5.59,6.097,6.002,6.177,5.538,5.625,5.517,5.177,5.594,5.884,5.608,5.65,5.748,5.498,6.058,5.758,5.699,5.903,6.109,6.432,6.616,6.249],"hoverRows":[[{"label":"Open","value":"5.34","className":"is-ohlc","compact":true},{"label":"High","value":"5.45","className":"is-ohlc","compact":true},{"label":"Low","value":"5.25","className":"is-ohlc","compact":true},{"label":"Close","value":"5.43","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.59","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.29","className":"is-ohlc","compact":true},{"label":"High","value":"5.53","className":"is-ohlc","compact":true},{"label":"Low","value":"5.19","className":"is-ohlc","compact":true},{"label":"Close","value":"5.47","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.78","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.50","className":"is-ohlc","compact":true},{"label":"High","value":"5.68","className":"is-ohlc","compact":true},{"label":"Low","value":"5.50","className":"is-ohlc","compact":true},{"label":"Close","value":"5.55","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.86","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.53","className":"is-ohlc","compact":true},{"label":"High","value":"5.66","className":"is-ohlc","compact":true},{"label":"Low","value":"5.39","className":"is-ohlc","compact":true},{"label":"Close","value":"5.65","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.91","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.64","className":"is-ohlc","compact":true},{"label":"High","value":"5.67","className":"is-ohlc","compact":true},{"label":"Low","value":"5.59","className":"is-ohlc","compact":true},{"label":"Close","value":"5.62","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.90","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.55","className":"is-ohlc","compact":true},{"label":"High","value":"5.84","className":"is-ohlc","compact":true},{"label":"Low","value":"5.51","className":"is-ohlc","compact":true},{"label":"Close","value":"5.84","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.90","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.00","className":"is-ohlc","compact":true},{"label":"High","value":"6.56","className":"is-ohlc","compact":true},{"label":"Low","value":"5.99","className":"is-ohlc","compact":true},{"label":"Close","value":"6.56","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.57","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"6.59","className":"is-ohlc","compact":true},{"label":"High","value":"6.65","className":"is-ohlc","compact":true},{"label":"Low","value":"6.46","className":"is-ohlc","compact":true},{"label":"Close","value":"6.59","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.11","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.67","className":"is-ohlc","compact":true},{"label":"High","value":"6.72","className":"is-ohlc","compact":true},{"label":"Low","value":"6.28","className":"is-ohlc","compact":true},{"label":"Close","value":"6.46","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.35","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.46","className":"is-ohlc","compact":true},{"label":"High","value":"6.46","className":"is-ohlc","compact":true},{"label":"Low","value":"6.22","className":"is-ohlc","compact":true},{"label":"Close","value":"6.27","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.72","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"6.16","className":"is-ohlc","compact":true},{"label":"High","value":"6.31","className":"is-ohlc","compact":true},{"label":"Low","value":"5.92","className":"is-ohlc","compact":true},{"label":"Close","value":"6.08","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":"6.16","className":"is-ohlc","compact":true},{"label":"High","value":"6.25","className":"is-ohlc","compact":true},{"label":"Low","value":"6.02","className":"is-ohlc","compact":true},{"label":"Close","value":"6.21","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.66","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.21","className":"is-ohlc","compact":true},{"label":"High","value":"6.56","className":"is-ohlc","compact":true},{"label":"Low","value":"6.17","className":"is-ohlc","compact":true},{"label":"Close","value":"6.54","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.60","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.44","className":"is-ohlc","compact":true},{"label":"High","value":"6.47","className":"is-ohlc","compact":true},{"label":"Low","value":"6.29","className":"is-ohlc","compact":true},{"label":"Close","value":"6.31","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.60","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.46","className":"is-ohlc","compact":true},{"label":"High","value":"6.49","className":"is-ohlc","compact":true},{"label":"Low","value":"6.08","className":"is-ohlc","compact":true},{"label":"Close","value":"6.20","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":"6.08","className":"is-ohlc","compact":true},{"label":"High","value":"6.46","className":"is-ohlc","compact":true},{"label":"Low","value":"6.01","className":"is-ohlc","compact":true},{"label":"Close","value":"6.25","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.58","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"6.28","className":"is-ohlc","compact":true},{"label":"High","value":"6.41","className":"is-ohlc","compact":true},{"label":"Low","value":"5.90","className":"is-ohlc","compact":true},{"label":"Close","value":"5.91","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.37","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"5.77","className":"is-ohlc","compact":true},{"label":"High","value":"6.05","className":"is-ohlc","compact":true},{"label":"Low","value":"5.57","className":"is-ohlc","compact":true},{"label":"Close","value":"5.59","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.03","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.52","className":"is-ohlc","compact":true},{"label":"High","value":"6.17","className":"is-ohlc","compact":true},{"label":"Low","value":"5.51","className":"is-ohlc","compact":true},{"label":"Close","value":"6.10","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.35","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.07","className":"is-ohlc","compact":true},{"label":"High","value":"6.22","className":"is-ohlc","compact":true},{"label":"Low","value":"5.87","className":"is-ohlc","compact":true},{"label":"Close","value":"6.00","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.65","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.99","className":"is-ohlc","compact":true},{"label":"High","value":"6.26","className":"is-ohlc","compact":true},{"label":"Low","value":"5.96","className":"is-ohlc","compact":true},{"label":"Close","value":"6.18","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.80","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.10","className":"is-ohlc","compact":true},{"label":"High","value":"6.10","className":"is-ohlc","compact":true},{"label":"Low","value":"5.53","className":"is-ohlc","compact":true},{"label":"Close","value":"5.54","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.84","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.58","className":"is-ohlc","compact":true},{"label":"High","value":"5.64","className":"is-ohlc","compact":true},{"label":"Low","value":"5.45","className":"is-ohlc","compact":true},{"label":"Close","value":"5.62","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":"5.68","className":"is-ohlc","compact":true},{"label":"High","value":"5.96","className":"is-ohlc","compact":true},{"label":"Low","value":"5.51","className":"is-ohlc","compact":true},{"label":"Close","value":"5.52","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.93","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.54","className":"is-ohlc","compact":true},{"label":"High","value":"5.54","className":"is-ohlc","compact":true},{"label":"Low","value":"5.17","className":"is-ohlc","compact":true},{"label":"Close","value":"5.18","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.93","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.14","className":"is-ohlc","compact":true},{"label":"High","value":"5.62","className":"is-ohlc","compact":true},{"label":"Low","value":"5.12","className":"is-ohlc","compact":true},{"label":"Close","value":"5.59","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.89","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.67","className":"is-ohlc","compact":true},{"label":"High","value":"5.94","className":"is-ohlc","compact":true},{"label":"Low","value":"5.65","className":"is-ohlc","compact":true},{"label":"Close","value":"5.88","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.79","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.59","className":"is-ohlc","compact":true},{"label":"High","value":"5.65","className":"is-ohlc","compact":true},{"label":"Low","value":"5.57","className":"is-ohlc","compact":true},{"label":"Close","value":"5.61","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.85","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.71","className":"is-ohlc","compact":true},{"label":"High","value":"5.75","className":"is-ohlc","compact":true},{"label":"Low","value":"5.59","className":"is-ohlc","compact":true},{"label":"Close","value":"5.65","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.86","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.80","className":"is-ohlc","compact":true},{"label":"High","value":"5.82","className":"is-ohlc","compact":true},{"label":"Low","value":"5.75","className":"is-ohlc","compact":true},{"label":"Close","value":"5.75","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.80","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.51","className":"is-ohlc","compact":true},{"label":"High","value":"5.51","className":"is-ohlc","compact":true},{"label":"Low","value":"5.42","className":"is-ohlc","compact":true},{"label":"Close","value":"5.50","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.85","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.07","className":"is-ohlc","compact":true},{"label":"High","value":"6.07","className":"is-ohlc","compact":true},{"label":"Low","value":"5.99","className":"is-ohlc","compact":true},{"label":"Close","value":"6.06","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.56","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.77","className":"is-ohlc","compact":true},{"label":"High","value":"5.80","className":"is-ohlc","compact":true},{"label":"Low","value":"5.71","className":"is-ohlc","compact":true},{"label":"Close","value":"5.76","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.38","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.58","className":"is-ohlc","compact":true},{"label":"High","value":"5.70","className":"is-ohlc","compact":true},{"label":"Low","value":"5.56","className":"is-ohlc","compact":true},{"label":"Close","value":"5.70","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.25","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.71","className":"is-ohlc","compact":true},{"label":"High","value":"5.95","className":"is-ohlc","compact":true},{"label":"Low","value":"5.63","className":"is-ohlc","compact":true},{"label":"Close","value":"5.90","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.05","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.03","className":"is-ohlc","compact":true},{"label":"High","value":"6.22","className":"is-ohlc","compact":true},{"label":"Low","value":"5.93","className":"is-ohlc","compact":true},{"label":"Close","value":"6.11","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.21","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.21","className":"is-ohlc","compact":true},{"label":"High","value":"6.56","className":"is-ohlc","compact":true},{"label":"Low","value":"6.19","className":"is-ohlc","compact":true},{"label":"Close","value":"6.43","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.47","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"6.45","className":"is-ohlc","compact":true},{"label":"High","value":"6.67","className":"is-ohlc","compact":true},{"label":"Low","value":"6.41","className":"is-ohlc","compact":true},{"label":"Close","value":"6.62","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.71","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"6.62","className":"is-ohlc","compact":true},{"label":"High","value":"6.65","className":"is-ohlc","compact":true},{"label":"Low","value":"6.23","className":"is-ohlc","compact":true},{"label":"Close","value":"6.25","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.83","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[5.09066,6.70234],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.834721,"state":"Positive and strengthening","context":{"scenario":"positiveSustained","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"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":"Sustained positive support","detail":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","annotations":[{"label":"Current tape relationship","value":"Sustained positive support","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"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":"Supported","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":39,"relationship":{"sameWeekCorrelation":0.21,"forwardCorrelation":-0.33,"directionalAgreement":50.0,"sample":34,"correlationSample":38,"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":9.1,"averageReturn":9.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":24.2,"averageReturn":24.2,"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":8.1,"sample":1},{"week":2,"averageReturn":13.7,"sample":1},{"week":3,"averageReturn":8.3,"sample":1},{"week":4,"averageReturn":9.1,"sample":1},{"week":5,"averageReturn":11.0,"sample":1},{"week":6,"averageReturn":6.2,"sample":1},{"week":7,"averageReturn":17.0,"sample":1},{"week":8,"averageReturn":11.2,"sample":1},{"week":9,"averageReturn":10.1,"sample":1},{"week":10,"averageReturn":14.0,"sample":1},{"week":11,"averageReturn":18.0,"sample":1},{"week":12,"averageReturn":24.2,"sample":1},{"week":13,"averageReturn":27.8,"sample":1},{"week":14,"averageReturn":20.7,"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}]},"distribution":{"label":"Distribution","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"averageWeeksInZone":1.3,"medianWeeksInZone":1,"averageWeeksToLower":1.3,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-8.4,"averageReturn":-8.4,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-13.9,"averageReturn":-13.9,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-8.3,"averageReturn":-8.3,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-2.8,"sample":3},{"week":2,"averageReturn":-3.3,"sample":2},{"week":3,"averageReturn":-4.4,"sample":2},{"week":4,"averageReturn":-8.4,"sample":2},{"week":5,"averageReturn":-9.9,"sample":2},{"week":6,"averageReturn":-3.5,"sample":2},{"week":7,"averageReturn":-6.0,"sample":2},{"week":8,"averageReturn":-5.5,"sample":2},{"week":9,"averageReturn":-10.0,"sample":2},{"week":10,"averageReturn":-11.9,"sample":2},{"week":11,"averageReturn":-15.2,"sample":2},{"week":12,"averageReturn":-13.9,"sample":2},{"week":13,"averageReturn":-11.5,"sample":2},{"week":14,"averageReturn":-7.9,"sample":2},{"week":15,"averageReturn":-14.9,"sample":2},{"week":16,"averageReturn":-13.9,"sample":2},{"week":17,"averageReturn":-14.0,"sample":2},{"week":18,"averageReturn":-18.5,"sample":2},{"week":19,"averageReturn":-11.0,"sample":2},{"week":20,"averageReturn":-11.1,"sample":2},{"week":21,"averageReturn":-13.7,"sample":2},{"week":22,"averageReturn":-11.8,"sample":2},{"week":23,"averageReturn":-9.5,"sample":2},{"week":24,"averageReturn":-8.9,"sample":2},{"week":25,"averageReturn":-3.2,"sample":2},{"week":26,"averageReturn":-8.3,"sample":2}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":2.4,"averageExpectedMove":2.4,"averageWeeksToLargestMove":2.5,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"averageReturn":-0.8,"medianReturn":1.2,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-12.6,"medianReturn":-12.6,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-6.5,"medianReturn":-6.5,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.0,"sample":3},{"week":2,"averageReturn":-0.7,"sample":3},{"week":3,"averageReturn":1.3,"sample":3},{"week":4,"averageReturn":-0.8,"sample":3},{"week":5,"averageReturn":-8.4,"sample":2},{"week":6,"averageReturn":-5.4,"sample":2},{"week":7,"averageReturn":-5.7,"sample":2},{"week":8,"averageReturn":-7.0,"sample":2},{"week":9,"averageReturn":-14.4,"sample":2},{"week":10,"averageReturn":-9.8,"sample":2},{"week":11,"averageReturn":-11.4,"sample":2},{"week":12,"averageReturn":-12.6,"sample":2},{"week":13,"averageReturn":-14.4,"sample":2},{"week":14,"averageReturn":-11.5,"sample":2},{"week":15,"averageReturn":-14.4,"sample":2},{"week":16,"averageReturn":-16.7,"sample":2},{"week":17,"averageReturn":-12.8,"sample":2},{"week":18,"averageReturn":-12.4,"sample":2},{"week":19,"averageReturn":-10.3,"sample":2},{"week":20,"averageReturn":-12.2,"sample":2},{"week":21,"averageReturn":-11.9,"sample":2},{"week":22,"averageReturn":-12.3,"sample":2},{"week":23,"averageReturn":-6.4,"sample":2},{"week":24,"averageReturn":-6.3,"sample":2},{"week":25,"averageReturn":-5.3,"sample":2},{"week":26,"averageReturn":-6.5,"sample":2}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":4,"completedEpisodes":2,"activeEpisodes":2,"medianExpectedMove":7.0,"averageExpectedMove":7.0,"averageWeeksToLargestMove":5.0,"horizons":[{"weeks":4,"sample":4,"expectedCount":1,"expectedPercent":25.0,"averageReturn":5.9,"medianReturn":4.2,"confidenceLow":4.6,"confidenceHigh":69.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":2.9,"medianReturn":2.9,"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":6.1,"sample":4},{"week":2,"averageReturn":4.7,"sample":4},{"week":3,"averageReturn":5.1,"sample":4},{"week":4,"averageReturn":5.9,"sample":4},{"week":5,"averageReturn":6.9,"sample":4},{"week":6,"averageReturn":5.6,"sample":3},{"week":7,"averageReturn":5.0,"sample":3},{"week":8,"averageReturn":5.8,"sample":3},{"week":9,"averageReturn":2.3,"sample":2},{"week":10,"averageReturn":4.9,"sample":2},{"week":11,"averageReturn":2.5,"sample":2},{"week":12,"averageReturn":2.9,"sample":2},{"week":13,"averageReturn":2.5,"sample":2},{"week":14,"averageReturn":9.3,"sample":2},{"week":15,"averageReturn":9.6,"sample":2},{"week":16,"averageReturn":10.7,"sample":2},{"week":17,"averageReturn":9.2,"sample":2},{"week":18,"averageReturn":9.3,"sample":1},{"week":19,"averageReturn":15.1,"sample":1},{"week":20,"averageReturn":18.4,"sample":1},{"week":21,"averageReturn":11.8,"sample":1},{"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":4,"completedEpisodes":3,"activeEpisodes":1,"medianExpectedMove":3.8,"averageExpectedMove":7.2,"averageWeeksToLargestMove":3.3,"horizons":[{"weeks":4,"sample":4,"expectedCount":1,"expectedPercent":25.0,"averageReturn":0.6,"medianReturn":1.8,"confidenceLow":4.6,"confidenceHigh":69.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":1,"expectedPercent":33.3,"averageReturn":5.5,"medianReturn":5.1,"confidenceLow":6.1,"confidenceHigh":79.2,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-2.3,"medianReturn":-2.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.6,"sample":4},{"week":2,"averageReturn":0.5,"sample":4},{"week":3,"averageReturn":1.2,"sample":4},{"week":4,"averageReturn":0.6,"sample":4},{"week":5,"averageReturn":1.6,"sample":4},{"week":6,"averageReturn":5.2,"sample":4},{"week":7,"averageReturn":1.8,"sample":4},{"week":8,"averageReturn":3.2,"sample":3},{"week":9,"averageReturn":3.6,"sample":3},{"week":10,"averageReturn":2.8,"sample":3},{"week":11,"averageReturn":8.1,"sample":3},{"week":12,"averageReturn":5.5,"sample":3},{"week":13,"averageReturn":1.1,"sample":3},{"week":14,"averageReturn":2.0,"sample":2},{"week":15,"averageReturn":2.8,"sample":2},{"week":16,"averageReturn":7.0,"sample":2},{"week":17,"averageReturn":2.8,"sample":2},{"week":18,"averageReturn":0.6,"sample":2},{"week":19,"averageReturn":-1.9,"sample":1},{"week":20,"averageReturn":-8.0,"sample":1},{"week":21,"averageReturn":-0.6,"sample":1},{"week":22,"averageReturn":4.6,"sample":1},{"week":23,"averageReturn":-0.3,"sample":1},{"week":24,"averageReturn":0.4,"sample":1},{"week":25,"averageReturn":2.2,"sample":1},{"week":26,"averageReturn":-2.3,"sample":1}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":6.0,"averageExpectedMove":6.0,"averageWeeksToLargestMove":3.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":3.2,"medianReturn":3.2,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-5.9,"medianReturn":-5.9,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":5.8,"medianReturn":5.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.6,"sample":2},{"week":2,"averageReturn":5.4,"sample":2},{"week":3,"averageReturn":2.7,"sample":2},{"week":4,"averageReturn":3.2,"sample":2},{"week":5,"averageReturn":-1.7,"sample":2},{"week":6,"averageReturn":-3.8,"sample":2},{"week":7,"averageReturn":-7.4,"sample":2},{"week":8,"averageReturn":-6.1,"sample":2},{"week":9,"averageReturn":-3.3,"sample":2},{"week":10,"averageReturn":0.6,"sample":2},{"week":11,"averageReturn":-7.0,"sample":2},{"week":12,"averageReturn":-5.9,"sample":2},{"week":13,"averageReturn":-6.0,"sample":2},{"week":14,"averageReturn":-10.9,"sample":2},{"week":15,"averageReturn":-2.7,"sample":2},{"week":16,"averageReturn":-2.9,"sample":2},{"week":17,"averageReturn":-5.7,"sample":2},{"week":18,"averageReturn":-3.6,"sample":2},{"week":19,"averageReturn":-1.0,"sample":2},{"week":20,"averageReturn":-0.4,"sample":2},{"week":21,"averageReturn":5.8,"sample":2},{"week":22,"averageReturn":0.2,"sample":2},{"week":23,"averageReturn":-6.2,"sample":1},{"week":24,"averageReturn":-2.9,"sample":1},{"week":25,"averageReturn":0.5,"sample":1},{"week":26,"averageReturn":5.8,"sample":1}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":16.0,"averageExpectedMove":16.0,"averageWeeksToLargestMove":10.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-5.6,"medianReturn":-5.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-8.6,"medianReturn":-8.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-12.2,"medianReturn":-12.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.7,"sample":3},{"week":2,"averageReturn":-5.0,"sample":3},{"week":3,"averageReturn":-3.4,"sample":2},{"week":4,"averageReturn":-5.6,"sample":2},{"week":5,"averageReturn":-3.2,"sample":2},{"week":6,"averageReturn":-5.8,"sample":2},{"week":7,"averageReturn":-6.9,"sample":2},{"week":8,"averageReturn":-8.6,"sample":2},{"week":9,"averageReturn":-10.9,"sample":2},{"week":10,"averageReturn":-10.2,"sample":2},{"week":11,"averageReturn":-10.3,"sample":2},{"week":12,"averageReturn":-8.6,"sample":2},{"week":13,"averageReturn":-9.0,"sample":2},{"week":14,"averageReturn":-6.9,"sample":2},{"week":15,"averageReturn":-13.8,"sample":2},{"week":16,"averageReturn":-8.6,"sample":2},{"week":17,"averageReturn":-11.9,"sample":2},{"week":18,"averageReturn":-14.9,"sample":2},{"week":19,"averageReturn":-10.1,"sample":2},{"week":20,"averageReturn":-6.3,"sample":2},{"week":21,"averageReturn":-5.8,"sample":2},{"week":22,"averageReturn":-4.0,"sample":2},{"week":23,"averageReturn":-6.2,"sample":2},{"week":24,"averageReturn":-16.1,"sample":1},{"week":25,"averageReturn":-7.6,"sample":1},{"week":26,"averageReturn":-12.2,"sample":1}]},"currentApplication":{"status":"Evidence aligned","tone":"positive","headline":"Price and Market Dynamics remain aligned upward","use":"The advance retains underlying support while price structure and Market Dynamics remain intact.","confirm":"The advance remains supported. Reclassify it only if the broader Market Dynamics path weakens or price structure breaks.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":0.0,"averageReturn":-12.6,"sample":2},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened 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":"Trend participation","title":"Let confirmation support the position, then manage extension","tone":"positive","approach":"This is most useful for holding or selectively adding to an established upward case. Risk should still tighten as price becomes extended; confirmation is support, not immunity from reversal.","finding":"In this ticker's completed record, 0.0% of comparable cases moved higher after 12 weeks, with an average move of -12.6% across 2 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"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 2 cases. Distinct visits lasted 1.3 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 unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 7.2% across 3 completed cases, with the largest move arriving after 3.3 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":[],"reversal_warnings":[{"date":"2026-01-09","price":6.556},{"date":"2026-03-13","price":6.25},{"date":"2026-08-07","price":6.432}],"reversal_dangers":[{"date":"2026-01-30","price":6.267},{"date":"2026-03-20","price":5.912},{"date":"2026-08-14","price":6.616}]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[5.2202,5.405,5.66,5.705,5.471,5.526,5.65,5.569,5.729,5.853,5.603,5.603,5.56,5.654,5.579,5.622,5.627,5.979,5.965,6.191,6.361,6.133,5.719,5.9767,5.959,5.837,5.811,5.434,5.426,5.473,5.555,5.654,5.625,5.836,6.556,6.588,6.46,6.267,6.078,6.215,6.539,6.311,6.199,6.25,5.912,5.59,6.097,6.002,6.177,5.538,5.625,5.517,5.177,5.594,5.884,5.608,5.65,5.748,5.498,6.058,5.758,5.699,5.903,6.109,6.432,6.616,6.249],"consensus":[100.0,33.8645,21.7712,-29.1066,21.3752,25.8816,34.6525,0.0,56.9571,58.901,-25.3946,0.0,-17.9535,18.8507,-9.1649,11.1345,0.0,61.6327,24.6942,67.4476,63.3217,0.0,-52.3684,22.8178,0.0,-27.7721,-8.0212,-66.6575,-22.0336,-12.201,-14.7682,19.2809,0.0,43.0054,79.2412,46.1881,13.6445,0.0,-24.6762,20.42,56.7561,-13.0693,-11.978,13.698,-52.6698,-59.0101,27.5493,-18.6514,27.3589,-57.0825,-13.2184,-47.1075,-70.7908,20.8881,33.3511,-17.8994,0.0,0.0,-25.8161,48.2499,0.0,0.0,36.7864,34.6734,57.2305,56.7232,7.4933],"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":[11.7213,0.0,64.2006,18.0573,71.808,61.5348,0.0,-47.9864,32.4721,0.0,-22.5751,-12.8571,-60.0587,-8.153,-0.2796,-10.232,20.0536,0.0,44.7285,82.5728,43.5873,8.7561,0.0,-14.9476,33.8449,64.3972,-16.5637,-17.2104,14.2901,-48.4554,-58.8599,38.148,-14.4395,28.2964,-64.0925,-0.8557,-43.4533,-72.5872,27.0254,36.07,-24.9873,0.0,0.0,-19.2967,56.6529,0.0,0.0,35.6564,38.2513,57.2216,60.2569,23.8476],"force":[12.5756,0.0,74.4077,1.6117,72.8149,66.5821,0.0,-91.5922,39.9514,0.0,-42.9471,-6.9277,-93.3427,-2.0482,-18.1568,-8.6396,39.7994,0.0,57.614,98.7624,25.7544,42.4981,0.0,-58.7946,25.7124,67.6865,-55.9344,-37.6868,17.5325,-75.3504,-64.0162,57.6632,-23.103,36.9268,-74.0341,-14.1696,-49.4262,-81.0387,63.9918,51.1661,-15.9134,0.0,0.0,-20.6716,44.5711,0.0,0.0,47.5149,35.6998,57.1748,43.4381,47.315],"direction":[9.4344,0.0,49.5729,48.7667,58.6304,63.035,0.0,-29.3595,0.4539,0.0,-22.8724,-3.2753,-55.1383,-55.0984,-48.1485,-36.6723,3.7416,0.0,30.6014,61.4898,63.7558,59.333,0.0,-11.4243,1.2969,40.2158,-21.5422,-12.3654,10.2824,-41.2858,-55.6059,6.0734,-20.2853,19.4534,-36.9628,-46.91,-49.6276,-61.418,16.9143,17.5187,-11.2175,0.0,0.0,-36.9414,41.2741,0.0,0.0,30.4148,29.8511,57.2806,62.1741,39.6413],"intensity":[60.0,12.5,100.0,94.4444,68.4211,65.0,71.4286,100.0,78.2609,12.5,48.0,11.5385,96.2963,100.0,24.1379,86.6667,32.2581,56.25,57.5758,100.0,97.1429,50.0,70.2703,81.5789,35.8974,85.0,60.9756,50.0,9.3023,86.3636,88.8889,97.8261,85.1064,41.6667,97.9592,90.0,74.5098,88.4615,86.5385,96.1538,63.4615,21.1538,34.6154,69.2308,96.1538,59.6154,28.8462,50.0,57.6923,69.2308,38.4615,76.9231],"confirmation":[71.598,24.4283,88.0727,52.6331,89.6804,88.3895,35.8185,86.0201,53.1069,48.444,77.4288,25.1264,90.2442,52.2986,7.1024,28.5914,52.1168,24.0937,82.1807,93.9013,82.1971,34.4626,34.0852,77.0844,51.8245,86.3786,32.6976,29.8413,72.4912,85.6098,87.0381,56.201,74.1683,77.0322,86.6762,6.6064,83.2008,90.938,34.1794,79.1738,73.5593,25.2811,24.7468,76.2037,83.1998,49.2604,48.3718,80.1158,79.0722,86.3122,85.6927,42.4857],"persistence":[12.5,0.0,0.0,25.0,37.5,62.5,50.0,50.0,50.0,50.0,25.0,0.0,25.0,50.0,62.5,62.5,62.5,62.5,37.5,12.5,12.5,37.5,50.0,50.0,50.0,62.5,37.5,12.5,12.5,12.5,25.0,0.0,25.0,25.0,25.0,25.0,50.0,50.0,25.0,25.0,25.0,37.5,25.0,25.0,0.0,12.5,0.0,0.0,25.0,37.5,50.0,62.5],"assessmentRisk":[1.9722,23.9735,18.2651,37.2599,16.2328,18.3348,40.9201,16.1732,51.2764,46.738,31.1941,25.5992,15.8915,38.1431,40.1666,35.3889,30.0253,41.0772,26.1693,10.3152,26.8641,43.0866,47.578,35.5306,55.3207,12.0141,15.3745,28.3913,0.0839,22.6979,19.855,29.5396,29.5352,25.991,19.7801,39.5057,22.9615,14.4856,1.4408,16.9074,22.6207,45.1265,23.7717,29.4526,20.362,19.5982,9.9206,26.6245,8.2819,20.512,21.5523,46.4344],"volumeParticipation":true,"latest":{"consensus":7.5,"control":23.8,"force":47.3,"direction":39.6,"confirmation":42.5,"persistence":62.5,"assessmentRisk":46.4,"intensity":76.9,"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":"Upward commitment","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Present","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+7.5","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+23.8","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+47.3","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+39.6","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"42/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"55.1","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"5.6%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"13.0","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"73%","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":[5.2202,5.405,5.66,5.705,5.471,5.526,5.65,5.569,5.729,5.853,5.603,5.603,5.56,5.654,5.579,5.622,5.627,5.979,5.965,6.191,6.361,6.133,5.719,5.9767,5.959,5.837,5.811,5.434,5.426,5.473,5.555,5.654,5.625,5.836,6.556,6.588,6.46,6.267,6.078,6.215,6.539,6.311,6.199,6.25,5.912,5.59,6.097,6.002,6.177,5.538,5.625,5.517,5.177,5.594,5.884,5.608,5.65,5.748,5.498,6.058,5.758,5.699,5.903,6.109,6.432,6.616,6.249],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,5.4099,5.431,5.4708,5.4886,5.5323,5.5906,5.5929,5.5947,5.5884,5.6003,5.5965,5.6011,5.6058,5.6737,5.7266,5.8111,5.9111,5.9514,5.9092,5.9214,5.9283,5.9117,5.8934,5.8098,5.7401,5.6915,5.6667,5.6644,5.6572,5.6897,5.8472,5.9819,6.0688,6.1049,6.1,6.1209,6.1969,6.2177,6.2143,6.2208,6.1646,6.0601,6.0668,6.0551,6.0772,5.9792,5.9148,5.8425,5.7215,5.6983,5.7321,5.7095,5.6987,5.7077,5.6695,5.7402,5.7434,5.7353,5.7658,5.8282,5.938,6.0613,6.0954],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,5.4607,5.475,5.4827,5.493,5.5029,5.5382,5.5698,5.6158,5.671,5.7053,5.7063,5.7263,5.7435,5.7505,5.7549,5.7312,5.7086,5.6911,5.681,5.679,5.675,5.687,5.7513,5.8133,5.8612,5.8913,5.9051,5.9281,5.9733,5.9983,6.0132,6.0307,6.0219,5.9899,5.9979,5.9982,6.0114,5.9764,5.9503,5.9182,5.8633,5.8434,5.8464,5.8287,5.8155,5.8105,5.7873,5.8074,5.8037,5.796,5.8039,5.8265,5.8714,5.9265,5.9504],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,5.9244,5.9109,5.8989,5.885,5.8815,5.871,5.8648,5.8595,5.9283,5.9765,6.0749,6.1853,6.2325,6.2339,6.2563,6.2674,6.2671,6.2693,6.2808,6.2937,6.293,6.2942,6.2939,6.2925,6.2988,6.4373,6.5596,6.6343,6.664,6.672,6.6749,6.7078,6.7289,6.7505,6.7725,6.771,6.7765,6.7878,6.7715,6.7567,6.7492,6.7426,6.7555,6.814,6.8222,6.7533,6.672,6.6032,6.5607,6.5458,6.5249,6.4075,6.3321,6.2866,6.2564,6.3601,6.5079,6.5305],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,5.2332,5.2512,5.2668,5.2772,5.2911,5.3006,5.3113,5.3213,5.2956,5.2846,5.2422,5.2459,5.2715,5.276,5.2807,5.3185,5.3499,5.3638,5.3388,5.2956,5.2583,5.2523,5.2577,5.2656,5.2775,5.2366,5.211,5.2195,5.2187,5.2219,5.2215,5.2064,5.203,5.2294,5.2348,5.2316,5.2014,5.2187,5.2918,5.3817,5.3957,5.4093,5.3827,5.2794,5.247,5.2487,5.232,5.2198,5.2104,5.1673,5.1725,5.2118,5.226,5.2419,5.258,5.2063,5.1611,5.1537],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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","2026-08-21"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,0.109,0.1077,0.0994,0.0952,0.0913,0.1152,0.1315,0.1608,0.1955,0.2023,0.1723,0.1674,0.1602,0.143,0.1258,0.0809,0.0441,0.0185,0.0048,0.0019,-0.0027,0.0106,0.0783,0.133,0.1641,0.1712,0.1598,0.1599,0.184,0.1827,0.1706,0.1632,0.1286,0.0744,0.0715,0.0608,0.0657,0.0179,-0.0129,-0.0455,-0.0976,-0.1041,-0.0848,-0.0908,-0.0911,-0.0825,-0.0947,-0.0585,-0.0535,-0.0536,-0.0368,-0.0068,0.0425,0.0954,0.1064],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.1019,0.1046,0.11,0.1201,0.1352,0.1486,0.1534,0.1562,0.157,0.1542,0.1485,0.135,0.1168,0.0971,0.0787,0.0633,0.0501,0.0422,0.0494,0.0661,0.0857,0.1028,0.1142,0.1233,0.1355,0.1449,0.1501,0.1527,0.1479,0.1332,0.1208,0.1088,0.1002,0.0837,0.0644,0.0424,0.0144,-0.0093,-0.0244,-0.0377,-0.0484,-0.0552,-0.0631,-0.0622,-0.0604,-0.0591,-0.0546,-0.0451,-0.0275,-0.003,0.0189],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.0106,0.0106,0.0216,0.0407,0.0603,0.0537,0.0189,0.0112,0.0032,-0.0112,-0.0227,-0.0541,-0.0727,-0.0786,-0.0739,-0.0614,-0.0528,-0.0316,0.0288,0.0668,0.0784,0.0684,0.0456,0.0366,0.0486,0.0377,0.0205,0.0105,-0.0192,-0.0588,-0.0494,-0.048,-0.0345,-0.0659,-0.0773,-0.0879,-0.112,-0.0948,-0.0604,-0.0531,-0.0427,-0.0273,-0.0316,0.0036,0.007,0.0055,0.0178,0.0382,0.0701,0.0983,0.0875],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","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,115.9877,162.2746,96.9679,106.3464,154.3974,158.328,113.7332,74.1651,82.3559,104.285,76.6982,122.7265,113.9521,153.8365,164.5631,174.9009,85.8413,67.5986,99.5963,76.7447,146.9575,94.749,130.7156,110.1482,68.3196,35.2971,49.1906,234.4544,226.6424,227.4487,141.8143,155.5582,94.7457,93.9257,128.0998,156.7869,97.3135,94.98,77.7314,60.1275,63.2088,53.3642,81.4652,80.6773,159.7084,118.4372,73.4384,65.4168,21.0917,15.8279,7.9742,6.7171,17.5126,13.7775,15.2134,71.1938,93.8245,79.6434,51.1047,53.6235],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,123.6884,135.0,135.0,127.2691,127.2691,114.5418,123.7819,117.8657,124.3589,132.6032,135.0,126.2071,134.4317,135.0,124.6591,113.0313,118.729,114.3449,107.8009,102.8065,92.9046,86.6026,95.5701,103.2591,107.9115,105.6209,108.7343,125.0076,135.0,119.4638,109.2965,97.6668,104.8467,111.9447,102.1888,90.0532,97.7289,90.0451,83.722,88.6363,83.5697,87.8211,81.3713,87.759,74.3516,65.0,71.426,76.901,75.2642,76.3821,76.9081,76.5016,77.5095,76.7588,75.996,79.263,83.4141,86.775,88.8273,86.7458],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","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,-6.972,-10.923,-5.6598,-1.5598,-6.4562,-7.1658,-6.2311,-9.7333,-1.9494,-4.8112,-5.6227,-2.6091,-0.7724,1.9589,5.6771,1.5093],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","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,61.2487,78.4715,91.8192,64.9085,64.9085,60.2799,70.3983,62.3251,66.9537,67.4919,100.0,87.1725,99.0025,95.5758,78.2459,49.6547,67.4517,66.2293,57.8039,47.3988,7.3126,15.0457,22.496,29.0143,36.8839,34.5787,51.3514,99.708,95.6224,83.0608,70.4382,58.0772,67.0373,88.2276,73.3159,65.9908,69.3264,47.2204,26.1609,59.3198,53.1066,64.552,22.76,28.45,21.3865,0.1942,29.5995,47.7472,30.4756,33.1039,39.2365,23.592,58.6358,39.8623,36.1702,54.4568,68.8022,91.1049,96.7638,73.0097],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-6.0719,-3.3733,-1.2818,-5.4984,-5.4984,-6.2236,-4.6382,-5.9032,-5.1779,-5.0936,0.0,-2.3252,-0.1935,-0.9807,-4.8852,-11.3058,-7.3092,-7.5837,-9.4758,-9.879,-15.7258,-15.8499,-15.121,-13.8493,-12.3139,-12.7636,-9.4913,-0.061,-0.9621,-3.8547,-6.7272,-9.5401,-7.5011,-2.679,-6.0723,-7.7392,-6.9802,-12.0107,-16.8031,-9.2573,-10.6712,-8.0667,-17.577,-16.2822,-17.8896,-22.9498,-16.7436,-12.4274,-16.5352,-15.9101,-14.4516,-18.1723,-9.8378,-14.3027,-15.1808,-9.9741,-6.8324,-1.9512,-0.7501,-6.2556],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,11.38,14.58,17.06,12.06,12.06,11.2,13.08,11.58,12.44,12.54,19.58,19.3,23.82,27.22,22.66,14.38,19.534,19.18,16.74,10.9605,1.4942,3.4509,5.4528,7.0328,8.9403,8.3815,12.447,26.3198,26.9364,24.4701,20.7514,17.1098,19.7495,25.9923,21.5992,19.4412,20.4239,13.9114,7.7071,17.4759,15.6455,19.0173,6.7052,8.3815,6.3006,0.058,9.2365,14.8994,9.5099,10.33,12.2437,7.3618,18.2972,12.439,11.2869,15.2705,19.2931,25.6005,29.1935,22.0269],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-08-21"]},{"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,4.4731,4.6191,4.4305,4.3325,4.2521,4.2295,4.0586,3.942,4.232,4.775,4.6778,4.5088,4.6144,4.631,5.2689,5.1631,5.1955,5.0232,4.9264,4.6984,4.6077,4.5975,4.4544,4.7014,4.7747,5.0298,4.8285,4.6831,4.792,5.006,5.134,5.656,6.173,6.0274,6.1091,5.8659,6.9099,6.5571,6.7867,7.2249,6.8472,6.4623,6.696,6.3712,6.0265,6.2728,5.9595,6.2539,6.1167,5.8695,5.643,5.4776,5.218,5.6077],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,12.3906,11.8198,11.3213,10.8893,10.5693,10.2126,9.9042,9.6269,11.2746,12.2881,14.7169,16.4355,16.7066,16.6434,16.9125,16.3809,15.7898,15.5687,16.2139,17.2253,17.9145,18.0471,17.9399,17.7685,17.6458,20.5707,22.9141,23.8711,24.3254,24.3835,24.4354,25.2036,25.5767,25.3944,25.614,25.6513,26.3009,26.1362,24.5332,22.6551,22.2881,21.9431,22.6179,25.3801,26.1029,25.0727,24.1921,23.4008,22.9415,23.5373,23.1225,20.5824,19.1409,18.1229,17.3419,19.9498,23.0841,23.5657],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/721b4598-4159-442d-92ca-d36d4a51d70b/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/721b4598-4159-442d-92ca-d36d4a51d70b/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/721b4598-4159-442d-92ca-d36d4a51d70b/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/721b4598-4159-442d-92ca-d36d4a51d70b/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/721b4598-4159-442d-92ca-d36d4a51d70b/technical-pack/data.json"},"source_fingerprint":"c654bcafcb80f242e013d010f53372cbb8707e766d0b7cc9b5132505735b94f0","content_hash":"ecf7e329a306853c27bdae79739f69388ee4ef32c0d4cd3a6ef8f3493cc0444a","citation":"Sharemaestro, DEFS Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/721b4598-4159-442d-92ca-d36d4a51d70b/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."}