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adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.1,"sample":23},{"week":2,"averageReturn":-2.8,"sample":23},{"week":3,"averageReturn":-1.7,"sample":23},{"week":4,"averageReturn":-4.9,"sample":22},{"week":5,"averageReturn":-5.5,"sample":22},{"week":6,"averageReturn":-5.9,"sample":22},{"week":7,"averageReturn":-8.7,"sample":22},{"week":8,"averageReturn":-6.9,"sample":22},{"week":9,"averageReturn":-8.9,"sample":21},{"week":10,"averageReturn":-8.5,"sample":21},{"week":11,"averageReturn":-7.4,"sample":20},{"week":12,"averageReturn":-7.6,"sample":20},{"week":13,"averageReturn":-7.4,"sample":20},{"week":14,"averageReturn":-6.9,"sample":20},{"week":15,"averageReturn":-10.0,"sample":20},{"week":16,"averageReturn":-13.8,"sample":20},{"week":17,"averageReturn":-15.7,"sample":20},{"week":18,"averageReturn":-16.3,"sample":20},{"week":19,"averageReturn":-15.2,"sample":20},{"week":20,"averageReturn":-17.2,"sample":20},{"week":21,"averageReturn":-18.1,"sample":20},{"week":22,"averageReturn":-19.0,"sample":20},{"week":23,"averageReturn":-19.9,"sample":20},{"week":24,"averageReturn":-19.6,"sample":20},{"week":25,"averageReturn":-20.5,"sample":20},{"week":26,"averageReturn":-18.1,"sample":20}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Negative pressure; price rotational","tone":"caution","headline":"Market Dynamics is negative while price remains rotational","use":"Treat the pressure as context until price establishes a clear response.","confirm":"The underlying condition is weak, but a negative price response is still required.","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":61.1,"averageReturn":-1.3,"sample":18},"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 has no clear direction","detail":"Price remains rotational while the Market Dynamics condition develops."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 61.1% of comparable cases moved lower after 12 weeks, with an average move of -1.3% across 18 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 2.0 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 29.4% across 18 completed cases, with the largest move arriving after 7.7 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2026-03-20","price":19.225}],"distribution_rollovers":[],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[94.5,96.75,93.5,97.75,96.5,87.75,76.5,79.0,78.5,77.5,80.25,92.25,77.5,90.0,89.0,88.0,86.25,77.75,74.25,71.0,59.5,63.0,66.25,66.0,68.25,67.75,61.25,62.75,53.75,42.5,44.0,37.25,32.5,30.0,30.5,33.25,34.5,36.75,31.5,28.0,29.75,32.5,36.0,40.75,32.75,39.25,38.5,36.5,40.0,32.5,46.0,45.0,47.25,45.5,44.5,47.5,44.25,39.0,37.25,37.0,34.25,37.5,32.0,28.25,28.75,24.925,23.74,21.51,22.45,22.8425,22.235,20.405,22.0,20.7775,21.23,27.0,19.0025,14.5,15.4975,13.0575,16.0,18.5,19.225,25.57,21.75,26.58,30.69,33.39,36.96,39.78,34.39,42.31,37.42,38.75,39.2,34.81,44.04,38.86,39.89,38.22,36.44,39.24,28.17,32.78],"consensus":[22.8583,25.1343,0.0,30.1314,0.0,-36.6803,-54.7956,-13.5302,-30.2049,-22.5403,0.0,43.1035,-46.327,43.1786,0.0,0.0,0.0,-45.6776,-36.3233,-36.598,-68.1641,-13.4965,-13.54,-27.3575,0.0,-11.0807,-48.3245,-18.067,-62.0068,-70.2285,-21.3969,-70.9493,-59.6585,-50.8547,-35.5277,-15.6358,-9.9929,0.0,-43.4785,-51.4462,-20.6815,0.0,14.5998,41.1823,-36.1868,41.4916,0.0,-12.0374,27.5525,-46.1867,61.9038,15.0562,38.8469,14.8253,14.1238,37.7487,-18.7711,-37.7975,-27.1965,-27.1023,-41.7856,9.0173,-50.5564,-58.0156,-33.8413,-54.733,-41.0716,-54.4722,-28.3834,-15.8365,-25.665,-42.1392,0.0,-31.5219,0.0,52.2577,-56.5173,-60.8378,-19.9233,-56.7874,0.0,18.7927,0.0,62.6899,0.0,52.4538,60.8402,51.9564,63.4531,48.9398,0.0,64.986,0.0,29.4521,29.9664,-28.0966,62.8849,-17.0475,19.5928,0.0,-15.9075,16.9276,-56.4591,-7.7739],"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":[35.8477,3.309,19.9836,41.1362,-17.9146,-42.1896,-27.2156,-27.5131,-44.0207,16.1507,-56.3676,-63.025,-36.149,-57.0724,-40.1066,-59.8132,-26.2266,-11.3797,-26.4225,-49.1993,0.0,-33.9552,0.0,45.5643,-53.3942,-63.5343,-12.354,-58.8147,0.0,12.0581,0.0,56.6731,0.0,55.3922,67.6826,53.0326,69.5193,44.1535,0.0,69.5702,0.0,36.7429,26.331,-25.398,57.393,-21.101,20.4048,0.0,-9.7375,17.7976,-45.3987,-17.9993],"force":[34.3348,7.0567,1.3624,36.5158,-55.8805,-52.7268,-23.7373,-17.9813,-39.4302,29.7727,-55.4328,-59.0013,-14.1362,-48.713,-22.5145,-43.6125,-1.7378,-11.0587,-7.5805,-35.5458,0.0,-21.0463,0.0,91.92,-89.6076,-69.7947,-7.0973,-55.7051,0.0,47.9969,0.0,87.6013,0.0,50.1526,49.2194,34.2761,46.0942,29.0871,0.0,58.466,0.0,15.1792,15.2623,-63.5384,87.4646,-60.7849,15.3271,0.0,-25.7562,21.557,-88.1295,-38.3463],"direction":[45.4974,43.6167,16.5422,34.758,-6.7568,-22.1143,-29.6456,-33.1478,-40.9137,13.9604,-40.432,-51.5865,-45.2791,-56.3594,-55.4296,-56.1253,-52.3636,-40.1408,-37.7168,-38.7802,0.0,-36.2236,0.0,31.5771,-36.4508,-51.3584,-47.8744,-55.2435,0.0,5.6294,0.0,51.7723,0.0,50.7395,61.3208,63.3553,68.9195,68.5903,0.0,64.4041,0.0,31.3146,44.6241,-5.865,51.6043,-18.8261,21.7118,0.0,-15.9243,12.6266,-46.4779,-25.7498],"intensity":[40.3846,26.9231,25.0,25.0,26.9231,57.6923,50.0,1.9231,21.1538,32.6923,48.0769,50.0,11.5385,57.6923,36.538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Dynamics has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-7.8","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-18.0","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-38.3","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-25.7","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"31/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"49.2","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"23.4%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"32.3","detail":"Directional","tone":"positive"},{"label":"Range position","value":"58%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility 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