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evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.3,"sample":1},{"week":2,"averageReturn":-5.6,"sample":1},{"week":3,"averageReturn":-9.0,"sample":1},{"week":4,"averageReturn":-11.0,"sample":1},{"week":5,"averageReturn":-10.3,"sample":1},{"week":6,"averageReturn":-10.3,"sample":1},{"week":7,"averageReturn":-6.7,"sample":1},{"week":8,"averageReturn":-4.1,"sample":1},{"week":9,"averageReturn":-5.2,"sample":1},{"week":10,"averageReturn":-11.6,"sample":1},{"week":11,"averageReturn":-16.6,"sample":1},{"week":12,"averageReturn":-16.8,"sample":1},{"week":13,"averageReturn":-17.6,"sample":1},{"week":14,"averageReturn":-16.6,"sample":1},{"week":15,"averageReturn":-18.0,"sample":1},{"week":16,"averageReturn":-20.6,"sample":1},{"week":17,"averageReturn":-20.3,"sample":1},{"week":18,"averageReturn":-18.5,"sample":1},{"week":19,"averageReturn":-16.9,"sample":1},{"week":20,"averageReturn":-19.2,"sample":1},{"week":21,"averageReturn":-19.5,"sample":1},{"week":22,"averageReturn":-20.3,"sample":1},{"week":23,"averageReturn":-18.3,"sample":1},{"week":24,"averageReturn":-16.3,"sample":1},{"week":25,"averageReturn":-18.3,"sample":1},{"week":26,"sample":0}]},"currentApplication":{"status":"Countertrend conflict","tone":"caution","headline":"Market Dynamics is repairing against a downward price structure","use":"The downside structure remains in place, but improving Market Dynamics weakens that case. A positive price response is needed to confirm the repair.","confirm":"This is an early challenge rather than a confirmed reversal. Price must respond to the improvement before the downward technical state can be considered resolved.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price remains in a downward structure","detail":"Improving Market Dynamics has not yet produced a positive price response."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 50.0% of completed 12-week outcomes were higher across 2 cases. Distinct visits lasted 5.0 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 improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 6.9% across 20 completed cases, with the largest move arriving after 6.6 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[{"date":"2026-01-30","price":58.805634},{"date":"2026-03-06","price":57.900002}],"price_pressure_gaps":[{"date":"2026-02-20","price":61.327816}]}},"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":[45.0533,45.7661,45.5035,47.1916,45.4847,50.3615,48.8984,48.4295,49.6675,48.0356,47.2854,46.5445,46.0756,46.0099,46.0099,46.4976,45.1284,44.2187,44.2656,44.3125,43.037,43.6747,45.1471,46.8915,46.5164,49.5362,51.787,50.8304,52.4808,51.9375,51.6465,50.0556,47.6304,48.3871,50.1526,49.1825,52.8688,52.733,54.4985,53.9553,53.1986,53.7807,54.3821,54.0523,54.4015,53.6837,54.0329,53.0434,52.5196,51.5883,51.4525,50.9287,52.3838,52.1122,54.0135,55.6238,54.4403,56.167,56.2446,54.8477,54.3045,56.6909,56.1864,56.7685,56.6133,55.7402,56.7879,57.8356,57.758,58.6892,58.5534,59.1161,60.1637,61.1144,60.3577,58.8056,58.243,58.5922,61.3278,62.1039,57.9,55.82,54.56,55.02,55.0,57.2,58.82,58.14,54.2,51.14,51.0,50.56,51.14,50.28,48.72,48.9,49.96,50.94,49.53,49.38,48.9,50.1,51.34,50.1],"consensus":[45.5717,42.4288,11.3155,60.2884,-20.4377,74.4055,0.0,16.0302,58.6306,-19.2354,-19.2557,-30.3026,-31.4565,-12.4804,0.0,0.0,-43.5192,-43.7683,-16.805,-25.5323,-59.7726,0.0,26.346,50.8694,24.8014,68.3869,70.5629,16.7844,68.571,19.1184,14.4027,-16.2799,-50.9447,0.0,27.231,-21.801,67.048,26.7385,62.6266,22.9592,0.0,35.6763,30.7212,10.5066,35.4302,0.0,16.9744,-20.4544,-23.2226,-28.9254,-25.5111,-28.1714,16.6627,0.0,44.7154,49.7764,0.0,51.6141,31.5451,-12.5114,-9.9956,42.8308,0.0,32.9641,17.0602,-9.4515,36.1182,41.0011,23.1367,49.943,16.9547,42.2234,43.3509,52.4023,19.5332,-19.6836,-22.5459,0.0,52.2335,46.9526,-46.9091,-60.2179,-58.7171,-18.9305,-27.8617,24.6369,38.6729,8.4464,-55.2776,-75.2745,-32.1679,-47.8635,-24.4701,-46.9489,-48.1665,-41.2914,0.0,0.0,-22.2267,-18.0683,-25.0989,0.0,32.5427,-26.2346],"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":[25.0517,0.0,46.0188,48.7013,0.0,49.6097,33.69,-11.2326,-11.7528,42.3214,0.0,33.5105,12.0576,-5.9141,42.2524,42.6465,24.1953,51.796,9.28,51.3082,41.5527,56.2032,16.9493,-21.341,-17.115,0.0,52.0306,47.4564,-46.3664,-56.9672,-49.6273,-6.8591,-21.5302,27.0499,37.0101,3.5566,-52.7988,-76.0449,-20.9004,-47.4515,-15.9289,-58.4577,-49.8711,-45.8807,0.0,0.0,-28.8943,-22.416,-17.519,0.0,29.272,-34.6097],"force":[32.9903,0.0,64.3704,58.634,0.0,64.1658,16.3959,-38.6412,-23.0135,63.2557,0.0,29.0952,1.8525,-26.4595,45.473,48.136,9.4972,53.1523,1.9145,31.23,36.7569,44.9912,9.9894,-50.3635,-38.7353,0.0,75.8509,43.5102,-85.8303,-80.6078,-74.5408,-11.0012,-9.0359,51.0569,51.9986,1.8361,-83.4767,-92.3332,-7.1841,-26.9305,-6.2389,-26.3747,-28.7475,-14.2651,0.0,0.0,-8.7768,-1.4999,-18.6334,0.0,53.3274,-45.4421],"direction":[4.5874,0.0,29.1865,44.6783,0.0,44.9392,39.9147,-4.6913,-1.3112,28.8239,0.0,35.103,33.6401,-1.3456,22.4258,34.0242,31.6695,45.5329,39.2036,39.6931,50.1162,53.352,43.5736,-4.1248,-17.1887,0.0,35.596,48.8357,-19.7286,-49.3687,-57.8028,-54.1062,-48.5449,3.0077,31.0548,21.3793,-37.9684,-62.2093,-62.8908,-63.2865,-56.1665,-48.4919,-60.089,-55.3509,0.0,0.0,-24.2137,-24.9341,-38.3799,0.0,21.4345,-2.9434],"intensity":[59.6154,9.6154,76.9231,78.8462,46.1538,67.3077,19.2308,61.5385,21.1538,86.5385,76.9231,13.4615,25.0,61.5385,46.1538,59.6154,1.9231,32.6923,59.6154,9.6154,80.7692,32.6923,19.2308,63.4615,40.3846,86.5385,92.3077,53.8462,96.1538,96.1538,50.0,80.7692,15.3846,78.8462,82.6923,17.3077,92.3077,90.3846,86.5385,13.4615,13.4615,34.6154,69.2308,17.3077,44.2308,50.0,63.4615,28.8462,75.0,82.6923,44.2308,44.2308],"confirmation":[52.0138,1.6979,82.8881,84.2148,30.5961,84.9296,77.6001,51.1536,49.1816,82.3361,4.3853,78.4223,50.4054,26.2634,79.7495,81.3127,74.9719,84.0513,50.7091,81.038,81.6987,84.4849,30.188,53.4218,75.7908,27.8361,85.4376,82.9123,84.2054,87.9407,87.4102,7.6764,76.4385,53.9855,80.8068,25.5224,86.586,92.596,55.0374,82.6846,53.689,82.2213,82.7955,80.3197,7.68,3.6856,74.601,50.544,75.9501,30.3263,79.0969,62.1862],"persistence":[37.5,37.5,37.5,12.5,0.0,25.0,50.0,50.0,25.0,37.5,25.0,25.0,37.5,12.5,12.5,37.5,62.5,62.5,75.0,75.0,75.0,100.0,100.0,75.0,50.0,37.5,37.5,37.5,12.5,12.5,37.5,37.5,37.5,25.0,25.0,25.0,25.0,25.0,25.0,25.0,25.0,50.0,75.0,100.0,87.5,75.0,75.0,75.0,75.0,62.5,37.5,37.5],"assessmentRisk":[17.8311,34.8693,27.3972,25.1071,50.2799,24.1322,32.72,23.2104,1.0285,1.7109,2.9309,29.3804,39.3526,28.0185,4.7782,15.8662,27.4496,24.6903,39.0599,22.3239,27.9454,23.514,39.6707,8.0069,37.6672,52.4023,10.5962,26.3643,12.7573,16.3767,20.6117,40.5131,33.0956,20.4052,29.7797,42.7299,8.9843,11.9935,33.846,26.0292,33.802,0.3529,20.1888,17.8823,26.8483,19.9818,35.0838,25.2822,19.0233,34.5776,31.7938,44.3884],"volumeParticipation":true,"latest":{"consensus":-26.2,"control":-34.6,"force":-45.4,"direction":-2.9,"confirmation":62.2,"persistence":37.5,"assessmentRisk":44.4,"intensity":44.2,"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 strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-26.2","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-34.6","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-45.4","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-2.9","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"62/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"42.1","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"4.2%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"24.8","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"24%","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 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}