{"schema_version":"1.0","name":"BRIGHOTEL Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"728da68d-7119-4de8-9e26-d08ba33e80cd","symbol":"BRIGHOTEL","name":"BRIGADE HOTEL VENTURE LTD","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Consumer Cyclical","industry":"Lodging"},"summary":"Price structure and the underlying tape currently reinforce the same downside read.","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, Drawdown and recovery pressure, Range pressure and compression, Activity pressure and cumulative balance, Directional strength and control, Range position and boundary pressure."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":55,"displayedObservations":55,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Price structure and the underlying tape currently reinforce the same downside read.","evidenceAlignment":{"status":"Evidence aligned downward","headline":"Downward price structure is confirmed by Market Dynamics","summary":"Price structure and the underlying tape currently reinforce the same downside read.","take":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","tone":"negative","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[-1.043225,-1.401276,-1.396565,-1.381056,-1.324815,-1.125509,-0.974599,-0.66746,-0.254986,0.025391,0.334174,0.565463,0.586749,0.520761,0.406888,0.292133,0.165513,0.152653,0.185892,0.09875,0.211055,0.286654,0.249054,0.188122,-0.008212,-0.160784,-0.286352],"opens":[61.349998,61.0,62.330002,59.0,57.799999,59.599998,59.02,55.990002,58.099998,62.900002,66.589996,67.599998,67.25,64.010002,60.93,61.0,61.529999,62.060001,64.879997,63.540001,63.529999,64.18,63.75,61.52,60.209999,60.290001,60.599998],"highs":[64.300003,63.240002,63.5,60.59,61.299999,60.5,59.310001,59.0,65.940002,67.25,69.699997,69.779999,67.760002,65.199997,62.5,62.689999,62.799999,63.43,64.879997,63.540001,66.400002,64.5,65.0,63.5,60.98,62.900002,60.860001],"lows":[60.549999,59.400002,60.299999,55.400002,56.18,57.0,55.860001,54.360001,57.759998,61.080002,66.0,66.209999,63.900002,60.0,59.060001,60.25,61.5,62.0,63.41,63.540001,63.34,63.5,61.299999,59.98,58.990002,59.650002,58.5],"closes":[61.41,61.330002,60.75,59.48,59.43,59.779999,56.279999,58.689999,63.119999,66.589996,67.599998,67.25,64.190002,60.93,60.779999,61.419998,62.34,62.310001,64.18,63.540001,65.459999,63.939999,61.490002,60.16,59.450001,60.279999,59.66],"hoverRows":[[{"label":"Open","value":"61.3","className":"is-ohlc","compact":true},{"label":"High","value":"64.3","className":"is-ohlc","compact":true},{"label":"Low","value":"60.5","className":"is-ohlc","compact":true},{"label":"Close","value":"61.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.04","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"61.0","className":"is-ohlc","compact":true},{"label":"High","value":"63.2","className":"is-ohlc","compact":true},{"label":"Low","value":"59.4","className":"is-ohlc","compact":true},{"label":"Close","value":"61.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.40","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"62.3","className":"is-ohlc","compact":true},{"label":"High","value":"63.5","className":"is-ohlc","compact":true},{"label":"Low","value":"60.3","className":"is-ohlc","compact":true},{"label":"Close","value":"60.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.40","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"59.0","className":"is-ohlc","compact":true},{"label":"High","value":"60.6","className":"is-ohlc","compact":true},{"label":"Low","value":"55.4","className":"is-ohlc","compact":true},{"label":"Close","value":"59.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.38","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"57.8","className":"is-ohlc","compact":true},{"label":"High","value":"61.3","className":"is-ohlc","compact":true},{"label":"Low","value":"56.2","className":"is-ohlc","compact":true},{"label":"Close","value":"59.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.32","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"59.6","className":"is-ohlc","compact":true},{"label":"High","value":"60.5","className":"is-ohlc","compact":true},{"label":"Low","value":"57.0","className":"is-ohlc","compact":true},{"label":"Close","value":"59.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.13","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"59.0","className":"is-ohlc","compact":true},{"label":"High","value":"59.3","className":"is-ohlc","compact":true},{"label":"Low","value":"55.9","className":"is-ohlc","compact":true},{"label":"Close","value":"56.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.97","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"56.0","className":"is-ohlc","compact":true},{"label":"High","value":"59.0","className":"is-ohlc","compact":true},{"label":"Low","value":"54.4","className":"is-ohlc","compact":true},{"label":"Close","value":"58.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.67","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"58.1","className":"is-ohlc","compact":true},{"label":"High","value":"65.9","className":"is-ohlc","compact":true},{"label":"Low","value":"57.8","className":"is-ohlc","compact":true},{"label":"Close","value":"63.1","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":"62.9","className":"is-ohlc","compact":true},{"label":"High","value":"67.2","className":"is-ohlc","compact":true},{"label":"Low","value":"61.1","className":"is-ohlc","compact":true},{"label":"Close","value":"66.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.03","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"66.6","className":"is-ohlc","compact":true},{"label":"High","value":"69.7","className":"is-ohlc","compact":true},{"label":"Low","value":"66.0","className":"is-ohlc","compact":true},{"label":"Close","value":"67.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.33","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"67.6","className":"is-ohlc","compact":true},{"label":"High","value":"69.8","className":"is-ohlc","compact":true},{"label":"Low","value":"66.2","className":"is-ohlc","compact":true},{"label":"Close","value":"67.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.57","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"67.2","className":"is-ohlc","compact":true},{"label":"High","value":"67.8","className":"is-ohlc","compact":true},{"label":"Low","value":"63.9","className":"is-ohlc","compact":true},{"label":"Close","value":"64.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.59","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"64.0","className":"is-ohlc","compact":true},{"label":"High","value":"65.2","className":"is-ohlc","compact":true},{"label":"Low","value":"60.0","className":"is-ohlc","compact":true},{"label":"Close","value":"60.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.52","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"60.9","className":"is-ohlc","compact":true},{"label":"High","value":"62.5","className":"is-ohlc","compact":true},{"label":"Low","value":"59.1","className":"is-ohlc","compact":true},{"label":"Close","value":"60.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.41","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"61.0","className":"is-ohlc","compact":true},{"label":"High","value":"62.7","className":"is-ohlc","compact":true},{"label":"Low","value":"60.2","className":"is-ohlc","compact":true},{"label":"Close","value":"61.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.29","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"61.5","className":"is-ohlc","compact":true},{"label":"High","value":"62.8","className":"is-ohlc","compact":true},{"label":"Low","value":"61.5","className":"is-ohlc","compact":true},{"label":"Close","value":"62.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.17","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"62.1","className":"is-ohlc","compact":true},{"label":"High","value":"63.4","className":"is-ohlc","compact":true},{"label":"Low","value":"62.0","className":"is-ohlc","compact":true},{"label":"Close","value":"62.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.15","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"64.9","className":"is-ohlc","compact":true},{"label":"High","value":"64.9","className":"is-ohlc","compact":true},{"label":"Low","value":"63.4","className":"is-ohlc","compact":true},{"label":"Close","value":"64.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.19","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"63.5","className":"is-ohlc","compact":true},{"label":"High","value":"63.5","className":"is-ohlc","compact":true},{"label":"Low","value":"63.5","className":"is-ohlc","compact":true},{"label":"Close","value":"63.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.10","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"63.5","className":"is-ohlc","compact":true},{"label":"High","value":"66.4","className":"is-ohlc","compact":true},{"label":"Low","value":"63.3","className":"is-ohlc","compact":true},{"label":"Close","value":"65.5","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":"64.2","className":"is-ohlc","compact":true},{"label":"High","value":"64.5","className":"is-ohlc","compact":true},{"label":"Low","value":"63.5","className":"is-ohlc","compact":true},{"label":"Close","value":"63.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.29","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"63.8","className":"is-ohlc","compact":true},{"label":"High","value":"65.0","className":"is-ohlc","compact":true},{"label":"Low","value":"61.3","className":"is-ohlc","compact":true},{"label":"Close","value":"61.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.25","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"61.5","className":"is-ohlc","compact":true},{"label":"High","value":"63.5","className":"is-ohlc","compact":true},{"label":"Low","value":"60.0","className":"is-ohlc","compact":true},{"label":"Close","value":"60.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.19","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"60.2","className":"is-ohlc","compact":true},{"label":"High","value":"61.0","className":"is-ohlc","compact":true},{"label":"Low","value":"59.0","className":"is-ohlc","compact":true},{"label":"Close","value":"59.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.01","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"60.3","className":"is-ohlc","compact":true},{"label":"High","value":"62.9","className":"is-ohlc","compact":true},{"label":"Low","value":"59.7","className":"is-ohlc","compact":true},{"label":"Close","value":"60.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.16","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"60.6","className":"is-ohlc","compact":true},{"label":"High","value":"60.9","className":"is-ohlc","compact":true},{"label":"Low","value":"58.5","className":"is-ohlc","compact":true},{"label":"Close","value":"59.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.29","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[55.600799,68.279198],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.286352,"state":"Negative and weakening","context":{"scenario":"negativeWeakening","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Negative and weakening","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Negative and weakening","detail":"Market Dynamics weakened this week and remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"17 Apr 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":27,"relationship":{"sameWeekCorrelation":0.45,"forwardCorrelation":-0.36,"directionalAgreement":36.4,"sample":22,"correlationSample":26,"label":"Meaningful 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":20.1,"averageReturn":20.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":14.0,"averageReturn":14.0,"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":4.3,"sample":1},{"week":2,"averageReturn":12.2,"sample":1},{"week":3,"averageReturn":18.3,"sample":1},{"week":4,"averageReturn":20.1,"sample":1},{"week":5,"averageReturn":19.5,"sample":1},{"week":6,"averageReturn":14.1,"sample":1},{"week":7,"averageReturn":8.3,"sample":1},{"week":8,"averageReturn":8.0,"sample":1},{"week":9,"averageReturn":9.1,"sample":1},{"week":10,"averageReturn":10.8,"sample":1},{"week":11,"averageReturn":10.7,"sample":1},{"week":12,"averageReturn":14.0,"sample":1},{"week":13,"averageReturn":12.9,"sample":1},{"week":14,"averageReturn":16.3,"sample":1},{"week":15,"averageReturn":13.6,"sample":1},{"week":16,"averageReturn":9.3,"sample":1},{"week":17,"averageReturn":6.9,"sample":1},{"week":18,"averageReturn":5.6,"sample":1},{"week":19,"averageReturn":7.1,"sample":1},{"week":20,"averageReturn":6.0,"sample":1},{"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":2.0,"medianWeeksInZone":2,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-10.1,"averageReturn":-10.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-9.0,"averageReturn":-9.0,"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":-0.5,"sample":1},{"week":2,"averageReturn":-5.0,"sample":1},{"week":3,"averageReturn":-9.9,"sample":1},{"week":4,"averageReturn":-10.1,"sample":1},{"week":5,"averageReturn":-9.1,"sample":1},{"week":6,"averageReturn":-7.8,"sample":1},{"week":7,"averageReturn":-7.8,"sample":1},{"week":8,"averageReturn":-5.1,"sample":1},{"week":9,"averageReturn":-6.0,"sample":1},{"week":10,"averageReturn":-3.2,"sample":1},{"week":11,"averageReturn":-5.4,"sample":1},{"week":12,"averageReturn":-9.0,"sample":1},{"week":13,"averageReturn":-11.0,"sample":1},{"week":14,"averageReturn":-12.1,"sample":1},{"week":15,"averageReturn":-10.8,"sample":1},{"week":16,"averageReturn":-11.7,"sample":1},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":1.5,"averageExpectedMove":1.5,"averageWeeksToLargestMove":1.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-2.9,"medianReturn":-2.9,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-4.0,"medianReturn":-4.0,"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":2.3,"sample":2},{"week":2,"averageReturn":1.5,"sample":2},{"week":3,"averageReturn":0.7,"sample":2},{"week":4,"averageReturn":-2.9,"sample":2},{"week":5,"averageReturn":-5.0,"sample":2},{"week":6,"averageReturn":-5.6,"sample":2},{"week":7,"averageReturn":-5.5,"sample":2},{"week":8,"averageReturn":-4.8,"sample":2},{"week":9,"averageReturn":-3.9,"sample":2},{"week":10,"averageReturn":-4.6,"sample":1},{"week":11,"averageReturn":-1.7,"sample":1},{"week":12,"averageReturn":-4.0,"sample":1},{"week":13,"averageReturn":-7.7,"sample":1},{"week":14,"averageReturn":-9.7,"sample":1},{"week":15,"averageReturn":-10.7,"sample":1},{"week":16,"averageReturn":-9.5,"sample":1},{"week":17,"averageReturn":-10.4,"sample":1},{"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}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":5.3,"averageExpectedMove":5.3,"averageWeeksToLargestMove":2.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":6.2,"medianReturn":6.2,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":4.9,"medianReturn":4.9,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.0,"sample":2},{"week":2,"averageReturn":-2.5,"sample":2},{"week":3,"averageReturn":-1.2,"sample":1},{"week":4,"averageReturn":6.2,"sample":1},{"week":5,"averageReturn":12.0,"sample":1},{"week":6,"averageReturn":13.7,"sample":1},{"week":7,"averageReturn":13.2,"sample":1},{"week":8,"averageReturn":8.0,"sample":1},{"week":9,"averageReturn":2.5,"sample":1},{"week":10,"averageReturn":2.3,"sample":1},{"week":11,"averageReturn":3.3,"sample":1},{"week":12,"averageReturn":4.9,"sample":1},{"week":13,"averageReturn":4.8,"sample":1},{"week":14,"averageReturn":8.0,"sample":1},{"week":15,"averageReturn":6.9,"sample":1},{"week":16,"averageReturn":10.1,"sample":1},{"week":17,"averageReturn":7.6,"sample":1},{"week":18,"averageReturn":3.5,"sample":1},{"week":19,"averageReturn":1.2,"sample":1},{"week":20,"averageReturn":0.0,"sample":1},{"week":21,"averageReturn":1.4,"sample":1},{"week":22,"averageReturn":0.4,"sample":1},{"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":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":3.7,"averageExpectedMove":3.7,"averageWeeksToLargestMove":6.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":1.7,"medianReturn":1.7,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":3.7,"medianReturn":3.7,"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":5.5,"sample":1},{"week":2,"averageReturn":7.1,"sample":1},{"week":3,"averageReturn":6.5,"sample":1},{"week":4,"averageReturn":1.7,"sample":1},{"week":5,"averageReturn":-3.5,"sample":1},{"week":6,"averageReturn":-3.7,"sample":1},{"week":7,"averageReturn":-2.7,"sample":1},{"week":8,"averageReturn":-1.2,"sample":1},{"week":9,"averageReturn":-1.3,"sample":1},{"week":10,"averageReturn":1.7,"sample":1},{"week":11,"averageReturn":0.7,"sample":1},{"week":12,"averageReturn":3.7,"sample":1},{"week":13,"averageReturn":1.3,"sample":1},{"week":14,"averageReturn":-2.6,"sample":1},{"week":15,"averageReturn":-4.7,"sample":1},{"week":16,"averageReturn":-5.8,"sample":1},{"week":17,"averageReturn":-4.5,"sample":1},{"week":18,"averageReturn":-5.5,"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}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":7.4,"averageExpectedMove":7.4,"averageWeeksToLargestMove":7.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-0.4,"medianReturn":-0.4,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-1.1,"medianReturn":-1.1,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.2,"sample":2},{"week":2,"averageReturn":-1.3,"sample":2},{"week":3,"averageReturn":0.2,"sample":2},{"week":4,"averageReturn":-0.4,"sample":2},{"week":5,"averageReturn":5.3,"sample":1},{"week":6,"averageReturn":4.3,"sample":1},{"week":7,"averageReturn":7.4,"sample":1},{"week":8,"averageReturn":4.9,"sample":1},{"week":9,"averageReturn":0.9,"sample":1},{"week":10,"averageReturn":-1.3,"sample":1},{"week":11,"averageReturn":-2.4,"sample":1},{"week":12,"averageReturn":-1.1,"sample":1},{"week":13,"averageReturn":-2.1,"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}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Evidence aligned downward","tone":"negative","headline":"Price and Market Dynamics remain aligned downward","use":"The downside remains supported until Market Dynamics repairs or price structure changes.","confirm":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":0.0,"averageReturn":4.9,"sample":1},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Capital protection","title":"Treat agreement on the downside as a defensive condition","tone":"negative","approach":"Reduce the burden of proof for risk control and raise it for new long exposure. A short position still needs a defined entry, exit and maximum loss.","finding":"In this ticker's completed record, 0.0% of comparable cases moved lower after 12 weeks, with an average move of 4.9% across 1 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 1.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 3.7% across 1 completed cases, with the largest move arriving after 6.0 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2026-04-17","price":66.589996}],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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":[84.3,83.02,82.88,86.35,87.1,84.49,83.28,84.32,82.47,82.35,81.08,80.81,81.33,83.77,80.81,79.32,78.51,78.24,74.98,73.06,71.79,69.03,68.7,66.64,67.21,58.84,60.84,60.52,61.41,61.33,60.75,59.48,59.43,59.78,56.28,58.69,63.12,66.59,67.6,67.25,64.19,60.93,60.78,61.42,62.34,62.31,64.18,63.54,65.46,63.94,61.49,60.16,59.45,60.28,59.66],"consensus":[0.0,11.0228,-72.7105,-17.6582,27.6458,-12.4965,-8.3279,0.0,-28.2262,-19.0469,-25.8295,-18.2181,-12.5688,13.4802,-26.3222,-31.8107,-25.4687,-25.6491,-53.1866,-45.1865,-42.4972,-66.3482,-34.2934,-54.9192,-27.9694,-80.6266,-23.0122,-44.2165,-32.7463,-17.4112,-35.2964,-24.726,-18.3448,-12.3972,-59.0109,0.0,36.084,47.0204,33.2976,20.4718,-17.8454,-38.8326,-19.2572,-11.7167,0.0,0.0,22.1362,0.0,35.9764,0.0,-39.2606,-38.0979,-37.4336,-14.9582,-23.7758],"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":[null,null,-22.5733,-11.5957,0.0,-27.6929,-21.0117,-27.588,-11.8604,-13.1092,8.4095,-32.7361,-37.4548,-26.4472,-22.4792,-56.921,-46.3882,-41.6259,-62.1547,-25.9158,-58.4747,-20.7727,-81.6822,-22.6869,-44.4672,-32.8481,-24.9175,-44.4457,-20.1542,-14.6381,-8.6565,-62.9228,0.0,31.9345,46.2296,26.3515,9.1783,-28.4888,-40.1071,-15.1268,-6.2113,0.0,0.0,17.8886,0.0,36.1848,0.0,-41.0263,-40.4417,-37.4429,-14.4913,-23.6204],"force":[-17.6582,16.4769,-20.2445,-5.5746,0.0,-28.2574,-13.2468,-19.7684,-7.2362,-2.9605,21.4176,-29.1593,-23.2891,-14.8634,-13.4201,-52.1714,-30.4064,-23.9474,-79.9548,-13.6577,-40.6153,-0.2493,-95.802,-32.5599,-22.1696,-1.8565,-5.1433,-23.0492,-13.8369,-3.0674,-8.6574,-66.817,0.0,62.6781,51.1047,20.0597,0.752,-44.1517,-51.0992,-11.048,-3.0152,0.0,0.0,18.8712,0.0,33.133,0.0,-58.2887,-40.4755,-32.3891,-6.1923,-18.3172],"direction":[null,35.6235,-4.554,-6.5599,0.0,-28.8134,-20.9444,-28.1491,-33.3281,-18.8143,13.6056,-16.9656,-31.4471,-31.9257,-38.0069,-49.6441,-54.3703,-56.7428,-61.4216,-58.6077,-61.0727,-55.9942,-68.5806,-63.0783,-59.6777,-54.694,-24.943,-33.5882,-37.7289,-37.8755,-31.7112,-48.9645,0.0,21.8306,45.0068,50.6917,47.4641,-13.1086,-28.6141,-29.8416,-24.224,0.0,0.0,29.3228,0.0,37.7694,0.0,-23.651,-33.721,-41.026,-30.5994,-27.8525],"intensity":[null,50.0,20.0,83.3333,28.5714,12.5,22.2222,10.0,9.0909,8.3333,100.0,57.1429,46.6667,18.75,5.8824,55.5556,57.8947,25.0,47.619,72.7273,30.4348,8.3333,100.0,30.7692,11.1111,10.7143,10.3448,6.6667,93.5484,6.25,9.0909,67.6471,48.5714,97.2222,64.8649,92.1053,5.1282,57.5,78.0488,50.0,18.6047,20.4545,6.6667,39.1304,25.5319,58.3333,40.8163,50.0,29.4118,53.8462,42.3077,46.1538],"confirmation":[28.3173,53.6694,50.3863,25.1979,24.0425,77.0415,73.8883,76.0539,50.9253,49.0543,72.6328,76.4118,77.8337,75.8119,75.8833,84.9319,81.9909,81.047,89.71,78.4727,85.084,53.5484,94.2469,35.288,81.4735,54.8692,51.2004,78.7822,75.6501,51.262,27.896,87.0618,31.0307,80.4206,83.183,78.3576,51.4554,31.8132,80.7809,73.9751,26.2347,47.957,25.0235,75.0488,24.9104,79.4226,4.1356,81.1164,80.2281,79.8249,50.8035,83.4443],"persistence":[25.0,0.0,16.6667,28.5714,25.0,37.5,62.5,62.5,62.5,87.5,62.5,62.5,75.0,75.0,75.0,75.0,75.0,75.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,87.5,62.5,37.5,12.5,12.5,12.5,12.5,12.5,0.0,12.5,25.0,25.0,37.5,12.5,0.0,0.0,0.0,12.5,25.0,50.0],"assessmentRisk":[null,32.2353,36.9744,14.3775,37.9116,35.2663,32.8061,30.4675,39.7124,25.2524,28.2295,5.6811,17.7467,35.1428,37.133,23.3645,27.3789,28.7427,16.8255,32.8312,22.5195,35.7267,9.6636,38.3593,27.3106,32.7245,46.7922,15.8348,7.906,24.474,21.7676,17.7601,17.4744,24.3103,25.231,33.35,39.747,31.6215,29.7508,40.0569,43.4175,34.1998,27.9741,33.45,34.1608,27.0405,35.0695,26.5232,29.3699,31.219,41.745,33.0005],"volumeParticipation":true,"latest":{"consensus":-23.8,"control":-23.6,"force":-18.3,"direction":-27.9,"confirmation":83.4,"persistence":50.0,"assessmentRisk":33.0,"intensity":46.2,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-23.8","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-23.6","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-18.3","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-27.9","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"83/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"38.6","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"5.6%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"23.0","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"34%","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 downward.","series":[{"label":"Close","values":[84.3,83.02,82.88,86.35,87.1,84.49,83.28,84.32,82.47,82.35,81.08,80.81,81.33,83.77,80.81,79.32,78.51,78.24,74.98,73.06,71.79,69.03,68.7,66.64,67.21,58.84,60.84,60.52,61.41,61.33,60.75,59.48,59.43,59.78,56.28,58.69,63.12,66.59,67.6,67.25,64.19,60.93,60.78,61.42,62.34,62.31,64.18,63.54,65.46,63.94,61.49,60.16,59.45,60.28,59.66],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,84.8138,84.7549,84.4867,84.4564,84.0952,83.7779,83.2874,82.837,82.563,82.7824,82.4238,81.8595,81.2505,80.7031,79.6626,78.4621,77.249,75.7546,74.472,73.048,71.9865,69.5962,68.0042,66.6434,65.6919,64.8988,64.1445,63.2964,62.5934,62.0819,61.027,60.6021,61.0599,62.0654,63.0717,63.8314,63.8966,63.3572,62.8886,62.6216,62.5704,62.523,62.8243,62.9544,63.41,63.5064,63.1397,62.598,62.0256,61.7082,61.3358],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,83.4821,83.5034,83.3039,83.0088,82.6755,82.347,81.8013,81.1538,80.4602,79.6135,78.8051,77.904,77.1118,75.7584,74.6533,73.6064,72.7029,71.8605,71.0375,70.1814,69.385,68.6735,67.7555,67.084,66.7903,66.7755,66.8366,66.8672,66.6689,66.2438,65.8391,65.5117,65.2768,65.057,64.992,64.8845,64.9271,64.854,64.6048,64.2756,63.9181,63.6486,63.3532],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,87.1108,87.1635,87.166,87.047,86.9479,86.8897,87.0011,87.1491,87.2389,87.7965,88.446,88.9282,89.7197,90.1877,90.1293,89.4588,90.2847,90.3074,89.7925,89.1477,88.2508,87.3553,86.3447,84.9555,82.6406,80.8769,78.905,76.7245,74.4629,72.9773,71.8145,70.5107,69.6008,68.6351,68.0343,67.2884,67.3278,67.575,67.7298,68.1104,68.2674,68.2714,68.2436,68.2425,68.2247,67.8201],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,81.0012,80.4074,79.909,79.6884,79.8449,79.5583,78.9589,78.285,77.6977,76.3519,74.801,73.0678,70.8773,68.9913,67.0787,65.7602,62.3693,60.1026,58.2375,56.7763,55.5712,54.4337,53.3113,52.5105,52.4264,51.7371,51.646,52.2875,53.3841,54.1317,54.7135,55.2573,55.3572,55.5309,55.6097,55.8686,56.1762,56.263,56.4102,56.4346,56.5386,56.6086,56.7044,56.7075,56.7753,57.5179],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,-1.5184,-1.6845,0.0,0.0,-2.9966,-4.3858,-3.1917,-5.3157,-5.4535,-6.9116,-7.2216,-6.6246,-3.8232,-7.2216,-8.9323,-9.8622,-10.1722,-13.915,-16.1194,-17.5775,-20.7463,-21.1251,-23.4902,-22.8358,-32.4455,-30.1493,-30.5166,-29.4948,-29.5867,-30.2526,-31.7107,-31.7681,-31.3662,-35.3846,-32.6177,-27.5316,-23.5476,-22.3881,-22.7899,-26.3031,-30.0459,-30.2181,-29.4834,-28.4271,-28.4615,-26.3146,-27.0494,-24.845,-26.5901,-29.403,-30.93,-31.7451,-30.7922,-31.504],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,1.7375,0.0,0.0,0.0,0.0,0.6435,3.6629,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.8553,0.0,3.399,2.8552,4.3678,4.2318,3.2461,1.0877,1.0027,1.5976,0.0,4.2822,12.1535,18.3191,20.1137,19.4918,14.0547,8.2623,7.9957,9.1329,10.7676,10.7143,14.037,12.8998,16.3113,13.6105,9.2573,6.8941,5.6326,7.1073,6.0057],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,6.3459,6.5133,6.3598,6.1975,5.981,6.1706,6.1669,6.1242,6.4832,6.5315,6.5987,6.3623,7.8687,7.9341,7.9646,7.7282,7.6327,7.5315,7.7853,7.8507,7.6654,8.0581,7.7399,7.6083,7.3586,7.1218,7.0267,7.2654,7.717,7.5877,7.2561,6.7965,6.478,6.126,5.8177,5.5776,5.5213,5.761,5.8857,5.7696,5.6926,5.6234],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,7.2686,8.0637,8.687,8.8266,8.5171,8.8092,9.6918,10.7162,11.5695,13.9442,16.7169,19.5812,23.4655,26.6321,29.3251,30.5357,36.5734,40.1632,42.6334,44.3673,45.4446,46.4374,47.3069,47.2045,44.7396,43.9468,41.7598,37.8834,32.9751,29.6526,27.0313,24.2565,22.7974,21.1075,20.0972,18.545,18.0586,18.269,18.2368,18.7494,18.7952,18.6785,18.4704,18.4634,18.3191,16.439],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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,28.9748,12.6438,6.7495,15.1825,15.1547,10.2329,47.0654,8.8207,8.2405,8.8962,20.1282,16.3914,10.1385,9.0989,96.9155,156.4685,39.5298,18.9364,173.3038,166.0363,64.3291,93.1634,71.4463,112.9678,101.9277,58.3526,85.0722,101.9393,68.1563,84.4964,39.3623,44.167,51.2572,62.585,51.3486,36.3648,36.359,6.9611,8.6197,13.7334,0.0,21.887,35.8526,97.6841,77.9588,130.6102,207.8469,79.3434],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,94.3237,92.5835,91.7418,89.9965,88.3791,89.3952,93.8858,93.0957,92.4,91.6895,90.1541,88.9592,88.2535,87.7987,83.9386,78.096,77.1243,77.5228,74.0826,77.3848,76.2099,77.9096,76.589,74.4804,72.5626,71.4622,72.9382,71.117,72.3531,73.9218,74.6364,75.4294,74.5034,73.3511,72.4824,71.9641,72.474,72.5705,72.4653,72.6113,72.6113,72.8146,72.4995,71.7052,71.1233,70.1572,71.7017,66.1796],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,33.8483,35.9207,37.6727,39.4624,40.9634,42.9763,44.4456,45.81,47.228,48.7311,46.8261,44.5961,41.7306,39.0447,37.2007,36.4007,35.8524,35.2701,34.6845,33.8729,32.5188,31.2614,29.0703,27.0357,25.8345,25.1352,24.7847,23.6499,22.9691],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,15.1288,14.1885,13.7465,13.2339,12.7774,12.0002,11.4428,10.8888,9.9329,9.1993,8.7166,8.3235,7.1382,6.3577,5.912,6.0272,5.6741,5.7965,5.3182,5.9883,5.6616,5.312,4.9244,14.6476,15.2397,18.0381,17.1857,16.1696,14.8923,14.0989,13.852,13.7152,14.483,16.4411,16.2377,20.8609,20.0336,18.539,17.2225,16.5088,19.3199,18.3491],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,8.275,9.6334,10.2112,12.0912,11.7809,15.7421,18.6731,20.3847,21.6916,24.5466,23.2587,23.0449,31.3032,27.8801,25.9259,24.451,24.773,23.5354,29.1515,26.8664,25.4007,25.628,26.1168,22.9393,20.8761,19.7301,18.6654,21.0999,25.3577,25.4626,24.4668,23.8976,23.2929,22.2053,21.9307,20.6178,19.8002,22.759,23.8057,24.8808,23.094,24.3821],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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":"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,48.0474,35.1465,34.3096,25.4533,23.5704,27.1967,44.212,23.5704,13.1799,7.5314,5.911,3.5612,5.1217,6.3291,2.2776,11.5075,3.6057,6.5093,2.4296,8.3556,7.4074,10.0444,10.5481,8.6998,12.4125,12.2604,13.5227,2.7169,12.9524,26.204,36.5839,39.6051,43.1971,36.6245,25.624,25.3855,29.4904,38.9268,40.4786,50.0,57.4468,71.9844,62.1271,46.2387,37.6135,33.0091,38.3917,34.3709],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-8.1181,-10.134,-10.2648,-11.6487,-11.9429,-11.3763,-8.7174,-11.9429,-13.5665,-14.4492,-14.7434,-18.2957,-20.3879,-21.7718,-24.7793,-25.1389,-27.3837,-26.7626,-35.8832,-33.7038,-34.0525,-33.0827,-31.3982,-32.047,-32.6158,-32.6725,-31.9057,-35.8925,-33.1473,-28.1012,-24.1485,-22.9981,-20.1306,-20.9483,-23.8375,-23.6912,-21.5581,-16.7246,-15.7973,-13.2703,-9.6673,-6.1909,-8.3692,-11.8802,-13.7862,-14.8037,-13.6142,-14.5027],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,8.8984,6.5091,6.3541,4.7139,4.3652,5.0368,8.188,4.3652,2.4409,1.3948,1.0983,0.8338,1.4018,1.9165,0.7737,4.5662,1.4307,2.6107,1.4133,4.8604,4.3089,5.8428,5.7049,4.7053,7.3646,7.2744,7.9061,1.5884,7.9654,16.1148,22.4982,24.3561,23.7123,18.0832,12.0861,11.8102,12.9875,14.6799,14.6247,18.0648,16.8874,20.4194,17.6232,13.1163,10.6696,9.3635,10.8904,9.7498],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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/728da68d-7119-4de8-9e26-d08ba33e80cd/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/728da68d-7119-4de8-9e26-d08ba33e80cd/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/728da68d-7119-4de8-9e26-d08ba33e80cd/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/728da68d-7119-4de8-9e26-d08ba33e80cd/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/728da68d-7119-4de8-9e26-d08ba33e80cd/technical-pack/data.json"},"source_fingerprint":"d7e5f71dc6f2e00376117a180d94eb84c429d665bd37d9a3c99cdb9c80e7acba","content_hash":"d8f7b71fb8e75369590b4ab6d76db9be4e3f20491e521868f00d1539db366108","citation":"Sharemaestro, BRIGHOTEL Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/728da68d-7119-4de8-9e26-d08ba33e80cd/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."}