{"schema_version":"1.0","name":"AML Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"7448a094-23f3-4972-afed-5f95ba7fb635","symbol":"AML","name":"Aston Martin Lagonda Global Holdings plc","exchange":"LSE","country":"GB","asset_type":"equity","currency":"GBP","sector":"Consumer Cyclical","industry":"Auto Manufacturers"},"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, Strength versus the research benchmark, Drawdown and recovery pressure, Range position and boundary pressure, Directional strength and control, Activity pressure and cumulative balance."},{"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":260,"displayedObservations":104,"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":["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"],"values":[0.690018,0.782296,0.865326,1.004056,1.213785,1.371499,1.089279,0.547712,-0.133364,-0.801829,-0.981876,-0.912521,-0.819945,-0.792362,-0.796954,-0.781493,-0.811536,-0.784757,-0.78281,-0.794671,-0.50752,-0.040243,0.292399,0.51806,0.621827,0.517621,0.6372,0.605086,0.35399,0.013171,-0.429982,-0.700198,-0.920385,-1.018109,-1.12001,-1.110189,-1.01619,-0.754071,-0.469025,-0.271486,0.006708,0.21678,0.428466,0.752069,0.844541,0.853231,0.851197,0.715739,0.756348,0.60114,0.408555,0.211166,0.002017,-0.106513,-0.228787,-0.294195,-0.211398,-0.130195,0.137644,0.188194,-0.052591,-0.227451,-0.57312,-0.690052,-0.823892,-0.897893,-0.869011,-0.750962,-0.604205,-0.507398,-0.545011,-0.571006,-0.459886,-0.155281,0.229288,0.366552,0.477752,0.551169,0.510167,0.335193,0.002472,-0.590405,-1.078908,-1.264624,-1.309464,-1.157621,-0.898875,-0.733288,-0.544524,-0.310178,-0.126455,0.09158,0.359161,0.436167,0.410857,0.382015,0.205875,0.082583,-0.052267,-0.152754,-0.188714,-0.268132,-0.262649,-0.331926],"opens":[1.436,1.49,1.492,1.51,1.59,1.659,1.476,1.104,1.132,1.076,1.097,1.146,1.23,1.11,1.067,1.069,1.11,1.037,1.039,1.048,1.057,1.035,1.085,1.079,1.02,1.08,1.123,1.186,0.833,0.845,0.8175,0.773,0.74,0.6005,0.639,0.647,0.7,0.7145,0.82,0.7685,0.768,0.8365,0.836,0.882,0.825,0.8125,0.799,0.79,0.7675,0.83,0.671,0.75,0.77,0.7735,0.7305,0.735,0.728,0.7975,0.8125,0.7575,0.601,0.6465,0.646,0.6305,0.605,0.5915,0.64,0.6395,0.65,0.62,0.615,0.618,0.654,0.636,0.616,0.6375,0.6,0.62,0.6435,0.5875,0.447,0.441,0.3976,0.37,0.36,0.3942,0.4166,0.47,0.4328,0.4328,0.469,0.4912,0.4748,0.4444,0.4006,0.42,0.385,0.4,0.37,0.3792,0.36,0.377,0.37,0.367],"highs":[1.57,1.54,1.596,1.619,1.71,1.664,1.488,1.15,1.14,1.139,1.185,1.24,1.23,1.163,1.139,1.158,1.135,1.087,1.066,1.098,1.096,1.105,1.161,1.099,1.149,1.159,1.22,1.213,0.89,0.874,0.838,0.8005,0.7495,0.6945,0.695,0.6995,0.74,0.82,0.8585,0.795,0.857,0.8495,0.89,0.882,0.8445,0.8545,0.838,0.816,0.8555,0.8765,0.7545,0.77,0.791,0.795,0.765,0.7485,0.847,0.8375,0.868,0.7795,0.662,0.66,0.68,0.6555,0.6365,0.6225,0.6415,0.67463,0.6575,0.65,0.6435,0.6565,0.6595,0.65,0.646,0.64,0.629,0.655,0.6457,0.6,0.4592,0.446,0.4148,0.408,0.3872,0.4354,0.4758,0.4714,0.44,0.4784,0.5095,0.514,0.4946,0.4822,0.4376,0.42,0.385,0.4,0.3842,0.3792,0.3852,0.3796,0.37,0.3672],"lows":[1.403,1.431,1.395,1.473,1.557,1.514,1.026,1.041,1.044,1.033,1.036,1.135,1.105,1.01,0.98,1.04,1.045,0.99,1.012,1.024,1.002,0.96982,1.066,1.046,0.9705,1.07,1.11867,0.7915,0.72659,0.7705,0.744,0.6525,0.585,0.56,0.621,0.62,0.666,0.6775,0.771,0.7375,0.7605,0.7945,0.8105,0.8215,0.795,0.7905,0.782,0.74,0.74,0.6635,0.671,0.719,0.7355,0.7185,0.71,0.6975,0.727,0.775,0.801,0.585,0.601,0.615,0.598,0.58,0.5865,0.572,0.5775,0.6205,0.62,0.6125,0.615,0.618,0.617,0.6105,0.591,0.6015,0.5865,0.59815,0.57,0.4446,0.38,0.3952,0.3638,0.3566,0.354,0.37,0.3952,0.424,0.3924,0.4192,0.4386,0.4252,0.4446,0.41,0.4006,0.3974,0.3638,0.3802,0.364,0.36,0.3484,0.3498,0.3374,0.3424],"closes":[1.496,1.485,1.497,1.597,1.633,1.595,1.098,1.084,1.056,1.089,1.163,1.176,1.125,1.057,1.06,1.11,1.045,1.048,1.058,1.054,1.036,1.086,1.081,1.055,1.078,1.123,1.19,0.829,0.84,0.8075,0.763,0.6525,0.621,0.6185,0.6395,0.6905,0.697,0.803,0.782,0.7525,0.842,0.8375,0.845,0.842,0.816,0.8095,0.803,0.7645,0.8485,0.6705,0.749,0.7525,0.7825,0.7315,0.7325,0.7355,0.807,0.8095,0.813,0.5965,0.6385,0.6455,0.6295,0.5925,0.5935,0.616,0.6375,0.6545,0.6245,0.6195,0.6175,0.6455,0.627,0.635,0.62,0.613,0.6045,0.633,0.5875,0.463,0.4212,0.3972,0.367,0.3626,0.3842,0.421,0.4664,0.4302,0.4136,0.4702,0.496,0.4712,0.4446,0.4112,0.4218,0.3974,0.37,0.3852,0.372,0.361,0.3558,0.3498,0.352,0.349],"pressureRange":[-1.563509,1.563509],"priceRange":[0.349,3.458],"zones":{"accumulationBoundary":0.06,"distributionBoundary":0.94},"latest":-0.331926,"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":"Accumulation pressure","detail":"Price is within accumulation conditions, but the completed tape has not yet confirmed a recovery. The zone is a watch area rather than a directional signal.","tone":"negative"},"chartSummary":"Price is in the accumulation zone. The Market Dynamics bars show whether underlying conditions are repairing or continuing to weaken.","summary":"Price is within accumulation conditions, but the completed tape has not yet confirmed a recovery. The zone is a watch area rather than a directional signal.","annotations":[{"label":"Current tape relationship","value":"Accumulation pressure","detail":"Market Dynamics weakened this week and remains below zero.","tone":"negative"},{"label":"Price location","value":"Accumulation zone","detail":"Price is being tested for a confirmed recovery through the lower zone.","tone":"caution"},{"label":"Latest positioning marker","value":"12 Jun 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":260,"relationship":{"sameWeekCorrelation":0.22,"forwardCorrelation":0.07,"directionalAgreement":47.8,"sample":255,"correlationSample":259,"label":"Variable relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"averageWeeksToHigher":7.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"medianReturn":-21.7,"averageReturn":-21.7,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":1.8,"averageReturn":1.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-9.0,"sample":1},{"week":2,"averageReturn":-14.2,"sample":1},{"week":3,"averageReturn":-20.7,"sample":1},{"week":4,"averageReturn":-21.7,"sample":1},{"week":5,"averageReturn":-17.0,"sample":1},{"week":6,"averageReturn":-9.1,"sample":1},{"week":7,"averageReturn":0.7,"sample":1},{"week":8,"averageReturn":-7.1,"sample":1},{"week":9,"averageReturn":-10.7,"sample":1},{"week":10,"averageReturn":1.6,"sample":1},{"week":11,"averageReturn":7.1,"sample":1},{"week":12,"averageReturn":1.8,"sample":1},{"week":13,"averageReturn":-4.0,"sample":1},{"week":14,"averageReturn":-11.2,"sample":1},{"week":15,"averageReturn":-8.9,"sample":1},{"week":16,"averageReturn":-14.2,"sample":1},{"week":17,"averageReturn":-20.1,"sample":1},{"week":18,"averageReturn":-16.8,"sample":1},{"week":19,"averageReturn":-19.7,"sample":1},{"week":20,"averageReturn":-22.0,"sample":1},{"week":21,"averageReturn":-23.2,"sample":1},{"week":22,"averageReturn":-24.4,"sample":1},{"week":23,"averageReturn":-24.0,"sample":1},{"week":24,"averageReturn":-24.6,"sample":1},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":3.0,"medianWeeksInZone":3,"averageWeeksToLower":2.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-17.6,"averageReturn":-17.6,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-33.3,"averageReturn":-33.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-49.2,"averageReturn":-49.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.3,"sample":1},{"week":2,"averageReturn":-0.9,"sample":1},{"week":3,"averageReturn":-3.6,"sample":1},{"week":4,"averageReturn":-17.6,"sample":1},{"week":5,"averageReturn":-15.4,"sample":1},{"week":6,"averageReturn":-26.2,"sample":1},{"week":7,"averageReturn":-29.8,"sample":1},{"week":8,"averageReturn":-35.0,"sample":1},{"week":9,"averageReturn":-37.0,"sample":1},{"week":10,"averageReturn":-37.3,"sample":1},{"week":11,"averageReturn":-39.2,"sample":1},{"week":12,"averageReturn":-33.3,"sample":1},{"week":13,"averageReturn":-30.8,"sample":1},{"week":14,"averageReturn":-34.0,"sample":1},{"week":15,"averageReturn":-31.5,"sample":1},{"week":16,"averageReturn":-39.3,"sample":1},{"week":17,"averageReturn":-35.5,"sample":1},{"week":18,"averageReturn":-33.3,"sample":1},{"week":19,"averageReturn":-37.6,"sample":1},{"week":20,"averageReturn":-39.8,"sample":1},{"week":21,"averageReturn":-43.7,"sample":1},{"week":22,"averageReturn":-43.8,"sample":1},{"week":23,"averageReturn":-44.4,"sample":1},{"week":24,"averageReturn":-49.3,"sample":1},{"week":25,"averageReturn":-49.8,"sample":1},{"week":26,"averageReturn":-49.2,"sample":1}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":15,"completedEpisodes":15,"activeEpisodes":0,"medianExpectedMove":5.6,"averageExpectedMove":13.4,"averageWeeksToLargestMove":6.5,"horizons":[{"weeks":4,"sample":15,"expectedCount":5,"expectedPercent":33.3,"averageReturn":-3.5,"medianReturn":-5.2,"confidenceLow":15.2,"confidenceHigh":58.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":15,"expectedCount":4,"expectedPercent":26.7,"averageReturn":-9.7,"medianReturn":-24.0,"confidenceLow":10.9,"confidenceHigh":52.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":14,"expectedCount":3,"expectedPercent":21.4,"averageReturn":-12.9,"medianReturn":-25.6,"confidenceLow":7.6,"confidenceHigh":47.6,"confidence":"Historically adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-8.0,"sample":15},{"week":2,"averageReturn":-5.1,"sample":15},{"week":3,"averageReturn":-4.7,"sample":15},{"week":4,"averageReturn":-3.5,"sample":15},{"week":5,"averageReturn":-8.3,"sample":15},{"week":6,"averageReturn":-8.4,"sample":15},{"week":7,"averageReturn":-8.7,"sample":15},{"week":8,"averageReturn":-9.8,"sample":15},{"week":9,"averageReturn":-9.2,"sample":15},{"week":10,"averageReturn":-8.9,"sample":15},{"week":11,"averageReturn":-9.8,"sample":15},{"week":12,"averageReturn":-9.7,"sample":15},{"week":13,"averageReturn":-10.4,"sample":14},{"week":14,"averageReturn":-7.7,"sample":14},{"week":15,"averageReturn":-6.2,"sample":14},{"week":16,"averageReturn":-4.0,"sample":14},{"week":17,"averageReturn":-4.5,"sample":14},{"week":18,"averageReturn":-7.5,"sample":14},{"week":19,"averageReturn":-9.4,"sample":14},{"week":20,"averageReturn":-9.7,"sample":14},{"week":21,"averageReturn":-9.3,"sample":14},{"week":22,"averageReturn":-9.8,"sample":14},{"week":23,"averageReturn":-10.7,"sample":14},{"week":24,"averageReturn":-11.3,"sample":14},{"week":25,"averageReturn":-13.8,"sample":14},{"week":26,"averageReturn":-12.9,"sample":14}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":17,"completedEpisodes":16,"activeEpisodes":1,"medianExpectedMove":19.8,"averageExpectedMove":21.9,"averageWeeksToLargestMove":7.6,"horizons":[{"weeks":4,"sample":17,"expectedCount":12,"expectedPercent":70.6,"averageReturn":-4.6,"medianReturn":-7.0,"confidenceLow":46.9,"confidenceHigh":86.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":16,"expectedCount":12,"expectedPercent":75.0,"averageReturn":-11.3,"medianReturn":-12.0,"confidenceLow":50.5,"confidenceHigh":89.8,"confidence":"Historically consistent"},{"weeks":26,"sample":15,"expectedCount":13,"expectedPercent":86.7,"averageReturn":-24.7,"medianReturn":-31.5,"confidenceLow":62.1,"confidenceHigh":96.3,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.6,"sample":17},{"week":2,"averageReturn":0.3,"sample":17},{"week":3,"averageReturn":-2.4,"sample":17},{"week":4,"averageReturn":-4.6,"sample":17},{"week":5,"averageReturn":-6.9,"sample":17},{"week":6,"averageReturn":-7.4,"sample":16},{"week":7,"averageReturn":-4.6,"sample":16},{"week":8,"averageReturn":-6.8,"sample":16},{"week":9,"averageReturn":-10.4,"sample":16},{"week":10,"averageReturn":-9.2,"sample":16},{"week":11,"averageReturn":-9.9,"sample":16},{"week":12,"averageReturn":-11.3,"sample":16},{"week":13,"averageReturn":-9.5,"sample":16},{"week":14,"averageReturn":-12.6,"sample":16},{"week":15,"averageReturn":-11.0,"sample":16},{"week":16,"averageReturn":-11.8,"sample":16},{"week":17,"averageReturn":-13.0,"sample":16},{"week":18,"averageReturn":-12.2,"sample":16},{"week":19,"averageReturn":-16.9,"sample":16},{"week":20,"averageReturn":-17.9,"sample":16},{"week":21,"averageReturn":-19.7,"sample":16},{"week":22,"averageReturn":-18.7,"sample":16},{"week":23,"averageReturn":-23.6,"sample":15},{"week":24,"averageReturn":-21.3,"sample":15},{"week":25,"averageReturn":-24.7,"sample":15},{"week":26,"averageReturn":-24.7,"sample":15}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":17,"completedEpisodes":17,"activeEpisodes":0,"medianExpectedMove":22.0,"averageExpectedMove":24.3,"averageWeeksToLargestMove":9.1,"horizons":[{"weeks":4,"sample":17,"expectedCount":12,"expectedPercent":70.6,"averageReturn":-4.2,"medianReturn":-8.9,"confidenceLow":46.9,"confidenceHigh":86.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":17,"expectedCount":14,"expectedPercent":82.4,"averageReturn":-15.9,"medianReturn":-15.8,"confidenceLow":59.0,"confidenceHigh":93.8,"confidence":"Historically consistent"},{"weeks":26,"sample":16,"expectedCount":15,"expectedPercent":93.8,"averageReturn":-26.2,"medianReturn":-33.8,"confidenceLow":71.7,"confidenceHigh":98.9,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.1,"sample":17},{"week":2,"averageReturn":-0.6,"sample":17},{"week":3,"averageReturn":-3.5,"sample":17},{"week":4,"averageReturn":-4.2,"sample":17},{"week":5,"averageReturn":0.1,"sample":17},{"week":6,"averageReturn":-5.1,"sample":17},{"week":7,"averageReturn":-9.7,"sample":17},{"week":8,"averageReturn":-11.5,"sample":17},{"week":9,"averageReturn":-13.1,"sample":17},{"week":10,"averageReturn":-15.8,"sample":17},{"week":11,"averageReturn":-15.6,"sample":17},{"week":12,"averageReturn":-15.9,"sample":17},{"week":13,"averageReturn":-16.8,"sample":17},{"week":14,"averageReturn":-17.0,"sample":17},{"week":15,"averageReturn":-14.3,"sample":17},{"week":16,"averageReturn":-14.4,"sample":17},{"week":17,"averageReturn":-14.7,"sample":17},{"week":18,"averageReturn":-16.0,"sample":17},{"week":19,"averageReturn":-16.2,"sample":16},{"week":20,"averageReturn":-17.5,"sample":16},{"week":21,"averageReturn":-18.2,"sample":16},{"week":22,"averageReturn":-18.5,"sample":16},{"week":23,"averageReturn":-18.0,"sample":16},{"week":24,"averageReturn":-20.3,"sample":16},{"week":25,"averageReturn":-21.0,"sample":16},{"week":26,"averageReturn":-26.2,"sample":16}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":15,"completedEpisodes":14,"activeEpisodes":1,"medianExpectedMove":11.9,"averageExpectedMove":20.1,"averageWeeksToLargestMove":5.6,"horizons":[{"weeks":4,"sample":15,"expectedCount":8,"expectedPercent":53.3,"averageReturn":1.2,"medianReturn":1.8,"confidenceLow":30.1,"confidenceHigh":75.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":14,"expectedCount":5,"expectedPercent":35.7,"averageReturn":2.6,"medianReturn":-3.7,"confidenceLow":16.3,"confidenceHigh":61.2,"confidence":"Mixed historical record"},{"weeks":26,"sample":14,"expectedCount":3,"expectedPercent":21.4,"averageReturn":-8.4,"medianReturn":-25.1,"confidenceLow":7.6,"confidenceHigh":47.6,"confidence":"Historically adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.1,"sample":15},{"week":2,"averageReturn":5.3,"sample":15},{"week":3,"averageReturn":2.8,"sample":15},{"week":4,"averageReturn":1.2,"sample":15},{"week":5,"averageReturn":-3.9,"sample":15},{"week":6,"averageReturn":-3.3,"sample":15},{"week":7,"averageReturn":-1.0,"sample":15},{"week":8,"averageReturn":3.1,"sample":15},{"week":9,"averageReturn":0.7,"sample":15},{"week":10,"averageReturn":-1.9,"sample":15},{"week":11,"averageReturn":1.2,"sample":14},{"week":12,"averageReturn":2.6,"sample":14},{"week":13,"averageReturn":3.2,"sample":14},{"week":14,"averageReturn":1.4,"sample":14},{"week":15,"averageReturn":-0.5,"sample":14},{"week":16,"averageReturn":2.0,"sample":14},{"week":17,"averageReturn":-0.4,"sample":14},{"week":18,"averageReturn":-0.9,"sample":14},{"week":19,"averageReturn":-0.4,"sample":14},{"week":20,"averageReturn":-3.3,"sample":14},{"week":21,"averageReturn":-5.4,"sample":14},{"week":22,"averageReturn":-7.7,"sample":14},{"week":23,"averageReturn":-6.5,"sample":14},{"week":24,"averageReturn":-6.9,"sample":14},{"week":25,"averageReturn":-7.5,"sample":14},{"week":26,"averageReturn":-8.4,"sample":14}]}},"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":"accumulation","zoneContext":"Price is within accumulation conditions, but the completed tape has not yet confirmed a recovery. The zone is a watch area rather than a directional signal.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":75.0,"averageReturn":-11.3,"sample":16},"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, 75.0% of comparable cases moved lower after 12 weeks, with an average move of -11.3% across 16 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.","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 24.3% across 17 completed cases, with the largest move arriving after 9.1 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":"2026-05-22","price":0.4712},{"date":"2026-06-12","price":0.4218}],"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":[1.496,1.485,1.497,1.597,1.633,1.595,1.098,1.084,1.056,1.089,1.163,1.176,1.125,1.057,1.06,1.11,1.045,1.048,1.058,1.054,1.036,1.086,1.081,1.055,1.078,1.123,1.19,0.829,0.84,0.8075,0.763,0.6525,0.621,0.6185,0.6395,0.6905,0.697,0.803,0.782,0.7525,0.842,0.8375,0.845,0.842,0.816,0.8095,0.803,0.7645,0.8485,0.6705,0.749,0.7525,0.7825,0.7315,0.7325,0.7355,0.807,0.8095,0.813,0.5965,0.6385,0.6455,0.6295,0.5925,0.5935,0.616,0.6375,0.6545,0.6245,0.6195,0.6175,0.6455,0.627,0.635,0.62,0.613,0.6045,0.633,0.5875,0.463,0.4212,0.3972,0.367,0.3626,0.3842,0.421,0.4664,0.4302,0.4136,0.4702,0.496,0.4712,0.4446,0.4112,0.4218,0.3974,0.37,0.3852,0.372,0.361,0.3558,0.3498,0.352,0.349],"consensus":[0.0,0.0,0.0,36.8959,25.3806,0.0,-68.4495,-39.2067,-49.9402,-27.5568,0.0,-8.5669,-30.1855,-34.7727,-22.0572,0.0,-41.1379,-12.1403,0.0,-16.5976,-18.7617,17.5465,-8.4281,-18.2458,10.5817,19.4744,38.0989,-65.1241,-23.8932,-42.1757,-50.9634,-70.6575,-53.1428,-34.6339,-32.5497,0.0,-10.4252,38.8864,0.0,-9.867,41.2338,17.4903,16.2442,9.4911,0.0,0.0,0.0,-25.8269,40.1204,-61.1962,14.8429,0.0,9.0862,-21.5096,-10.4956,0.0,36.1448,19.2704,12.4227,-68.0932,-13.6502,-21.6057,-34.9035,-40.0711,-32.3372,0.0,0.0,11.3373,-23.207,-16.6658,-20.1994,13.0174,-18.9718,0.0,-10.03,-20.6954,-16.1046,14.3843,-42.4082,-71.5195,-58.3961,-62.4917,-63.5389,-49.3683,-11.9551,0.0,31.2599,-27.2583,-21.1753,37.8311,31.5692,0.0,-23.4819,-41.1085,-10.7344,-43.4502,-42.1433,-22.2473,-30.1371,-41.302,-29.6273,-40.6473,-22.4231,-26.8269],"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":[18.7548,-35.13,-12.7568,0.0,34.6759,14.3679,2.4068,-65.7938,-6.9825,-13.9482,-30.4214,-49.1347,-37.9208,0.0,0.0,6.6395,-36.4553,-24.2284,-26.5786,18.1445,-25.1381,0.0,-11.8687,-23.0743,-16.4638,14.9916,-41.4375,-68.6859,-48.8944,-67.7087,-67.3886,-52.2764,-2.2075,0.0,25.3414,-43.6531,-29.9235,33.4613,30.6296,0.0,-34.3221,-42.5358,-3.6159,-51.9404,-46.9971,-26.5751,-31.4577,-50.1551,-35.475,-48.4718,-24.9844,-33.6004],"force":[16.7746,-29.786,-3.1507,0.0,58.7178,11.4673,2.5139,-95.8184,-21.9113,-2.1842,-26.7923,-36.7174,-14.4355,0.0,0.0,22.6072,-25.7296,-9.9713,-12.838,25.4305,-27.5765,0.0,-11.645,-19.3702,-11.6633,29.4689,-66.5454,-95.0738,-68.5359,-51.7051,-53.7106,-24.7168,-28.2279,0.0,68.2313,-33.8325,-17.7072,70.4836,38.6853,0.0,-43.7542,-51.6802,-2.6665,-39.1121,-31.8313,-5.7991,-16.8504,-31.9608,-18.6588,-32.238,-7.7566,-16.9345],"direction":[7.4553,-0.0318,-13.1577,0.0,21.7001,30.4469,30.9471,-50.9174,-46.6713,-44.2297,-45.8195,-32.1083,-38.7429,0.0,0.0,8.6562,-6.2642,-12.8048,-18.167,1.7087,-5.7784,0.0,-6.7749,-18.9231,-18.8663,2.9155,-26.2767,-57.9335,-62.0124,-64.2343,-66.1595,-63.6529,-51.7974,0.0,11.6157,-3.8256,-13.6546,19.502,27.56,0.0,-3.3871,-31.9261,-28.442,-36.8456,-43.9617,-29.0499,-38.1184,-37.8564,-30.7789,-37.7117,-29.9721,-26.1516],"intensity":[17.3077,42.3077,17.3077,5.7692,80.7692,40.3846,21.1538,96.1538,90.3846,5.7692,11.5385,28.8462,11.5385,19.2308,15.3846,40.3846,23.0769,1.9231,1.9231,25.0,15.3846,5.7692,21.1538,9.6154,15.3846,34.6154,59.6154,94.2308,96.1538,32.6923,46.1538,3.8462,32.6923,71.1538,63.4615,53.8462,51.9231,78.8462,50.0,38.4615,40.3846,59.6154,71.1538,36.5385,61.5385,15.3846,15.3846,11.5385,13.4615,1.9231,17.3077,1.9231],"confirmation":[49.9184,52.2611,48.4336,24.4878,80.2767,74.0034,26.4926,90.6698,8.0603,51.772,78.9902,80.5824,77.7173,5.9088,4.7696,49.3763,52.6346,73.0138,74.1423,50.1636,51.5726,24.3481,48.5641,74.5459,73.0126,50.3868,82.321,91.6473,87.1406,87.5891,87.9743,83.0022,8.7715,8.3561,79.2201,54.0065,74.5371,81.1677,78.3333,27.147,54.0228,81.4552,26.3706,81.6425,81.0976,51.8852,77.2188,80.797,77.0574,80.6316,52.0227,84.1799],"persistence":[12.5,0.0,12.5,0.0,0.0,25.0,25.0,12.5,12.5,12.5,12.5,25.0,50.0,62.5,75.0,50.0,50.0,50.0,50.0,25.0,25.0,25.0,37.5,62.5,62.5,37.5,37.5,62.5,62.5,75.0,75.0,75.0,75.0,87.5,62.5,62.5,62.5,37.5,12.5,0.0,0.0,12.5,37.5,37.5,37.5,62.5,87.5,100.0,100.0,100.0,100.0,100.0],"assessmentRisk":[42.7241,48.5272,7.765,11.9625,0.1834,32.0172,36.0145,12.0051,41.0373,37.2105,32.0241,17.0209,13.3924,19.6864,3.0743,31.1527,33.4972,11.1571,5.5358,13.6357,14.9779,30.5362,11.2458,36.1444,35.4268,12.5971,24.1267,14.2028,20.7961,18.7538,18.2298,24.8527,32.2163,23.4534,33.4305,59.46,40.2466,20.0399,12.1101,36.1952,48.6947,27.0156,43.7617,27.4366,28.0063,22.691,31.474,23.4145,10.8245,24.1904,29.3172,20.1275],"volumeParticipation":true,"latest":{"consensus":-26.8,"control":-33.6,"force":-16.9,"direction":-26.2,"confirmation":84.2,"persistence":100.0,"assessmentRisk":20.1,"intensity":1.9,"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":"Established","confirmationState":"Strong support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-26.8","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-33.6","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-16.9","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-26.2","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"84/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"34.0","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"13.2%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"27.9","detail":"Directional","tone":"positive"},{"label":"Range position","value":"4%","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":[1.496,1.485,1.497,1.597,1.633,1.595,1.098,1.084,1.056,1.089,1.163,1.176,1.125,1.057,1.06,1.11,1.045,1.048,1.058,1.054,1.036,1.086,1.081,1.055,1.078,1.123,1.19,0.829,0.84,0.8075,0.763,0.6525,0.621,0.6185,0.6395,0.6905,0.697,0.803,0.782,0.7525,0.842,0.8375,0.845,0.842,0.816,0.8095,0.803,0.7645,0.8485,0.6705,0.749,0.7525,0.7825,0.7315,0.7325,0.7355,0.807,0.8095,0.813,0.5965,0.6385,0.6455,0.6295,0.5925,0.5935,0.616,0.6375,0.6545,0.6245,0.6195,0.6175,0.6455,0.627,0.635,0.62,0.613,0.6045,0.633,0.5875,0.463,0.4212,0.3972,0.367,0.3626,0.3842,0.421,0.4664,0.4302,0.4136,0.4702,0.496,0.4712,0.4446,0.4112,0.4218,0.3974,0.37,0.3852,0.372,0.361,0.3558,0.3498,0.352,0.349],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[1.4853,1.4853,1.4874,1.5073,1.5302,1.542,1.4612,1.3927,1.3314,1.2874,1.2648,1.2486,1.2261,1.1954,1.1708,1.1597,1.1389,1.1223,1.1106,1.1003,1.0886,1.0882,1.0869,1.0811,1.0805,1.0882,1.1067,1.0562,1.0169,0.9788,0.9396,0.8874,0.839,0.7989,0.7699,0.7555,0.7448,0.7554,0.7602,0.7588,0.774,0.7855,0.7963,0.8046,0.8067,0.8072,0.8064,0.7988,0.8079,0.7829,0.7767,0.7723,0.7742,0.7664,0.7602,0.7557,0.7651,0.7731,0.7804,0.747,0.7272,0.7124,0.6973,0.6783,0.6628,0.6543,0.6513,0.6519,0.6469,0.6419,0.6375,0.6389,0.6368,0.6364,0.6334,0.6297,0.6251,0.6266,0.6195,0.591,0.5601,0.5305,0.5008,0.4757,0.459,0.4521,0.4547,0.4503,0.4436,0.4484,0.4571,0.4596,0.4569,0.4486,0.4437,0.4353,0.4234,0.4165,0.4084,0.3998,0.3918,0.3841,0.3783,0.373],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[1.5933,1.5853,1.5787,1.5801,1.584,1.5848,1.5487,1.5143,1.4804,1.4514,1.43,1.4112,1.39,1.3653,1.3427,1.3255,1.3047,1.2857,1.2688,1.2529,1.2368,1.2257,1.215,1.2031,1.1938,1.1886,1.1887,1.1621,1.1382,1.1137,1.0877,1.0555,1.0233,0.9933,0.9671,0.9466,0.9281,0.9189,0.9087,0.8971,0.8931,0.8889,0.8857,0.8825,0.8775,0.8725,0.8673,0.8597,0.8589,0.8449,0.8378,0.8315,0.8279,0.8207,0.8142,0.8084,0.8083,0.8084,0.8087,0.793,0.7815,0.7715,0.761,0.7485,0.737,0.728,0.7213,0.7164,0.7096,0.7029,0.6966,0.6928,0.6879,0.684,0.6793,0.6743,0.6692,0.6665,0.6606,0.646,0.6294,0.6122,0.594,0.5769,0.5626,0.5521,0.5457,0.5372,0.528,0.5238,0.5217,0.518,0.5125,0.505,0.4989,0.4913,0.4823,0.4752,0.4675,0.4596,0.4519,0.4444,0.4375,0.431],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[1.6505,1.6391,1.6372,1.6487,1.668,1.676,1.7323,1.7707,1.8024,1.798,1.7996,1.7928,1.7935,1.7933,1.7645,1.7522,1.7104,1.6934,1.6812,1.6612,1.6272,1.5895,1.5442,1.463,1.343,1.1596,1.1771,1.2197,1.2419,1.2599,1.2679,1.2839,1.2989,1.3111,1.3126,1.2974,1.2865,1.27,1.2503,1.2291,1.2102,1.1809,1.1503,1.1222,1.0842,1.0271,0.9219,0.9158,0.9172,0.9137,0.913,0.911,0.9054,0.8944,0.8846,0.8811,0.8798,0.8804,0.8827,0.9055,0.9059,0.9026,0.8968,0.8927,0.8888,0.8809,0.8709,0.8647,0.842,0.8424,0.8361,0.8279,0.8134,0.8062,0.7981,0.7886,0.7597,0.7222,0.659,0.6932,0.7182,0.7353,0.751,0.7632,0.7677,0.764,0.7539,0.7407,0.7307,0.7187,0.7066,0.6874,0.6694,0.6473,0.625,0.6012,0.5763,0.5333,0.4959,0.4918,0.4923,0.4939,0.4948,0.4956],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[1.3129,1.3145,1.3142,1.3105,1.3156,1.3295,1.2418,1.1768,1.1055,1.0548,1.023,0.9962,0.9643,0.9232,0.895,0.8718,0.8543,0.8302,0.8091,0.7914,0.7794,0.7772,0.7809,0.8079,0.8724,1.0086,1.0003,0.9322,0.8884,0.8422,0.7942,0.7259,0.6605,0.6044,0.5609,0.5342,0.5103,0.5022,0.4943,0.4854,0.4849,0.4894,0.4963,0.5032,0.5149,0.5407,0.6072,0.6068,0.6063,0.5961,0.5954,0.6074,0.6292,0.6514,0.6706,0.6785,0.6909,0.6909,0.6917,0.6533,0.6326,0.6167,0.6009,0.5801,0.5617,0.5502,0.5437,0.5389,0.5392,0.5337,0.5268,0.5243,0.5233,0.5208,0.5177,0.515,0.5236,0.5434,0.5841,0.5366,0.4898,0.4479,0.406,0.3707,0.3453,0.3295,0.3225,0.3133,0.3022,0.2993,0.2992,0.301,0.3008,0.3005,0.3029,0.3051,0.3066,0.3249,0.3407,0.3346,0.3276,0.3212,0.3189,0.3166],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"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"]},{"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":[-26.8723,-26.1802,-22.1573,-16.3057,-12.777,-14.4052,-39.7534,-39.37,-40.7783,-37.2123,-31.4585,-28.9139,-30.8792,-35.483,-34.4248,-30.3212,-33.369,-30.3055,-29.015,-28.829,-29.1847,-26.9995,-26.3258,-28.5238,-26.3374,-22.7369,-16.6135,-41.9807,-39.5629,-40.7782,-43.238,-50.6826,-48.7395,-47.557,-47.0255,-42.9635,-42.9683,-33.3507,-35.3787,-37.3982,-29.6066,-29.4657,-28.0677,-26.7738,-28.3546,-28.1858,-28.5458,-31.364,-23.6529,-38.3074,-30.3064,-29.2776,-26.7401,-29.3574,-28.1535,-26.9999,-17.708,-16.4811,-17.2291,-38.0766,-32.4617,-32.9506,-34.1119,-36.7165,-35.7116,-31.2848,-29.3075,-26.0101,-28.3486,-29.7029,-28.7046,-25.034,-27.4031,-26.1795,-26.1548,-26.5076,-27.4268,-23.314,-29.0032,-44.4833,-45.6592,-47.9088,-49.5363,-49.8745,-48.7275,-44.1188,-37.9184,-40.4854,-42.039,-32.3597,-27.5352,-32.1375,-34.6081,-38.2789,-36.2614,-38.2375,-42.259,-39.7923,-39.7984,-41.1672,-41.5858,-42.4534,-41.2557,-39.8894],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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":[-79.8405,-79.9888,-79.8271,-78.4795,-77.9944,-78.5065,-85.2038,-85.3925,-85.7698,-85.3251,-84.3279,-84.1527,-84.84,-85.7563,-85.7159,-85.0421,-85.918,-85.8776,-85.7428,-85.7967,-86.0393,-85.3655,-85.4329,-85.7833,-85.4733,-84.8669,-83.9641,-88.8288,-88.6805,-89.1185,-89.7181,-91.2072,-91.6317,-91.6654,-91.3824,-90.6951,-90.6075,-89.1791,-89.4621,-89.8596,-88.6536,-88.7142,-88.6131,-88.6536,-89.0039,-89.0915,-89.1791,-89.6979,-88.566,-90.9646,-89.9068,-89.8596,-89.4554,-90.1426,-90.1291,-90.0887,-89.1252,-89.0915,-89.0444,-91.9618,-91.3958,-91.3015,-91.5171,-92.0157,-92.0022,-91.699,-91.4093,-91.1802,-91.5845,-91.6519,-91.6788,-91.3015,-91.5508,-91.443,-91.6451,-91.7395,-91.854,-91.47,-92.0831,-93.7608,-94.3241,-94.6475,-95.0545,-95.1138,-94.8227,-94.3268,-93.715,-94.2028,-94.4265,-93.6638,-93.3161,-93.6503,-94.0088,-94.4588,-94.316,-94.6448,-95.014,-94.8092,-94.9871,-95.1353,-95.2054,-95.2862,-95.2566,-95.297],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[10.8148,10.0,10.8889,18.2963,20.963,18.1481,0.0,0.0,0.0,3.125,10.1326,11.3636,6.5341,0.0947,0.3788,5.1136,0.0,0.2871,1.244,0.8612,0.0,4.8263,4.3436,1.834,4.0541,8.3977,14.8649,0.0,1.3269,0.0,0.0,0.0,0.0,0.0,3.3953,11.6411,12.692,29.8302,26.4349,21.6653,36.1358,35.4082,36.6209,36.1358,31.9321,30.8812,29.8302,23.6055,37.1867,8.4074,21.0994,21.6653,26.5158,18.27,18.4317,18.9167,30.477,30.8812,31.447,0.0,7.0411,8.2146,5.5323,0.0,0.1688,3.9662,7.5949,10.4641,5.4008,4.557,4.2194,8.9451,5.8228,7.173,4.6414,3.4599,2.0253,6.8354,0.0,0.0,0.0,0.0,0.0,0.0,5.957,16.1059,28.6266,18.6431,14.0651,29.6746,36.7899,29.9504,22.6145,13.4032,16.3265,9.5974,2.0408,6.2328,2.5924,0.0,0.0,0.0,0.6289,0.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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":[38.7402,41.2281,43.3333,60.8772,67.193,60.5263,9.068,7.3048,3.7783,7.9345,17.2544,18.8917,12.4685,5.8025,9.5238,15.4762,8.8919,9.3023,10.6703,10.1231,7.6607,15.675,15.0004,11.508,14.6154,20.695,29.7468,4.0827,11.5323,8.2275,3.8841,0.0,5.4962,8.6029,11.6912,19.1912,20.1471,36.2687,33.6364,29.1667,42.7273,42.0455,43.1818,42.7273,38.7879,37.803,36.8182,30.9848,43.7121,16.7424,28.6364,29.1667,34.0735,51.9697,52.2727,53.1818,74.8485,75.6061,76.6667,3.7705,17.541,19.8361,14.5902,4.0323,4.3548,13.8365,20.5975,25.9434,16.9355,15.5993,14.9425,24.1379,18.0624,20.6897,15.7635,13.8514,10.9797,20.6081,5.8725,4.3458,8.4426,3.5246,0.6347,1.1732,7.0975,20.5521,34.4785,23.3742,18.5884,36.2412,44.2878,36.553,28.2569,18.7234,22.1931,14.2062,5.2373,10.2128,5.9801,2.3256,2.4136,0.4566,4.597,3.7626],"stroke":"#10243b","width":2.0},{"label":"From high","values":[-20.6366,-18.4066,-17.7473,-12.2527,-10.2747,-12.3626,-39.6703,-40.4396,-41.978,-40.1648,-36.0989,-35.3846,-38.1868,-41.9231,-41.7582,-39.011,-38.9246,-38.7493,-38.1648,-38.3986,-39.4506,-36.5283,-36.8206,-38.3041,-36.9591,-34.3275,-30.4094,-51.5205,-50.8772,-52.7778,-54.1466,-56.1492,-49.9194,-50.121,-48.4274,-44.3145,-43.7903,-34.7154,-35.9016,-38.3197,-30.9836,-31.3525,-30.7377,-30.9836,-33.1148,-33.6475,-34.1803,-37.3361,-30.4508,-45.041,-38.6066,-38.3197,-35.4905,-17.809,-17.6966,-17.3596,-9.3258,-9.0449,-8.6517,-32.9775,-28.2584,-27.4719,-29.2697,-33.427,-33.3146,-30.7865,-28.3708,-26.4607,-29.195,-29.3212,-29.5493,-26.3548,-28.4655,-27.5528,-29.2641,-29.3779,-30.3571,-27.0737,-32.3157,-46.659,-51.4747,-54.2396,-57.7189,-58.2258,-50.712,-38.0882,-31.4118,-36.7353,-38.6923,-30.3025,-26.4782,-30.1543,-34.0972,-37.6497,-36.0425,-39.7422,-43.8969,-41.5921,-43.2061,-44.8855,-45.6794,-46.5954,-46.2595,-45.9501],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[19.68,18.8,19.76,27.76,30.64,27.6,7.0175,5.653,2.924,6.1404,13.3528,14.6199,9.6491,4.6535,8.1633,13.2653,6.6327,6.9388,7.9592,7.551,5.7143,11.9795,11.464,8.7831,11.1546,15.7947,22.7032,4.7378,15.6085,11.1356,5.0111,0.0,6.1538,10.4464,14.1964,23.3036,24.4643,43.3929,39.6429,34.375,50.3571,49.5536,50.8929,50.3571,45.7143,44.5536,43.3929,36.5179,51.5179,19.7321,33.75,34.375,39.7321,30.625,30.8036,31.3393,44.1071,44.5536,45.1786,1.9658,9.1453,10.3419,7.6068,2.1552,2.3276,7.6923,11.451,14.4231,9.1783,8.3042,7.9545,12.8497,9.6154,11.014,8.3916,7.1678,5.6818,10.6643,3.0702,4.1386,10.8421,4.5263,0.8796,1.6826,8.5311,18.9266,31.7514,21.5254,16.8362,32.8249,40.113,33.1073,25.5932,16.1582,19.1525,12.2599,4.5198,8.8136,5.0847,1.9774,2.124,0.4018,4.3272,3.4381],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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":[23.6186,22.0205,20.9711,20.1723,20.0849,19.5863,20.2825,20.9291,21.5294,22.1397,22.2886,21.9414,21.8026,22.2224,22.7755,23.0932,23.3881,24.0061,24.5799,24.7095,24.9912,25.4876,25.1992,25.0979,25.5899,25.9042,25.357,26.8517,28.5017,30.0338,31.5684,33.3546,35.2505,37.0959,38.8021,40.3159,41.0795,40.6372,39.7214,39.1125,37.7471,36.4793,34.7814,33.2048,32.0155,30.7648,29.7001,29.1789,28.0566,27.8313,27.6221,27.1591,26.3649,25.8397,25.4603,25.2713,23.5582,21.9674,20.9545,21.4751,21.9585,22.4074,22.4833,22.7442,22.9863,23.3774,23.3501,22.6744,22.0545,21.5957,21.1697,20.4697,19.7475,19.2097,19.1041,19.006,19.2267,18.6458,18.7101,20.57,22.8814,25.0276,27.2796,29.4286,31.4461,31.9028,31.3229,30.7845,30.7455,29.7813,28.2157,26.9976,25.8665,25.4307,25.184,25.0106,25.4102,25.3467,25.5649,25.8363,26.2922,26.7155,27.3394,27.9188],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[17.0116,16.3592,17.1731,17.0986,19.467,18.3824,14.9741,14.4224,13.9355,13.3976,14.3623,15.891,15.112,14.1947,13.2918,13.4277,12.9145,12.366,12.0589,13.1613,12.5542,11.7171,13.986,13.5937,12.3383,12.2862,14.9098,11.9729,11.0631,10.5179,10.0343,9.3085,8.5669,8.0052,7.7214,7.6361,9.5133,13.0734,14.5598,14.0809,16.8179,16.2604,17.9622,17.2678,16.699,16.6519,15.9911,15.1144,16.6858,14.3408,13.533,14.1319,15.0793,14.2348,13.6433,13.0996,19.4259,18.4755,19.9214,16.6579,15.8544,15.3081,15.8833,14.9447,14.3403,13.7361,14.6035,16.8027,16.2312,15.6577,15.2177,15.9382,15.5422,14.8781,13.9823,13.3752,12.7187,14.899,13.6101,11.4251,10.4593,9.9072,9.3724,8.8537,8.5254,13.2775,16.5286,15.6538,14.8064,18.075,20.1313,18.1765,17.1658,15.7996,15.1348,14.6957,14.0894,15.4595,15.0233,14.6209,13.855,13.2497,12.6011,12.1152],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[16.5931,15.9568,14.8276,14.0499,13.2647,14.1229,27.4059,26.3962,25.505,24.9211,23.5454,22.5986,22.6673,25.0603,24.6664,23.4731,22.576,24.0255,23.4288,22.6006,22.6376,22.7155,21.6242,22.0762,23.9437,22.8124,21.5633,32.6052,33.146,31.5126,31.3599,33.5633,34.1585,33.1377,31.8584,30.539,29.3216,27.0828,25.7812,26.8496,25.2255,24.3893,23.1926,22.296,23.3251,22.3022,22.0195,23.8419,21.8789,23.8516,22.5081,21.7086,20.8411,20.9184,20.6914,20.8435,18.932,18.0059,17.0433,29.7709,28.3348,27.3584,25.6256,25.5201,24.4881,24.6661,23.3248,22.224,21.5135,21.46,20.8569,20.0274,19.1343,19.0198,20.0094,19.1406,19.9335,18.6171,20.2235,29.9317,33.981,32.1875,33.7736,32.6796,31.7584,29.4428,26.845,25.4243,27.6418,25.6093,23.5674,22.7442,21.4795,23.5841,23.6607,23.3547,26.5166,25.5049,26.9414,26.7778,27.0263,25.8456,26.4423,25.4228],"stroke":"#c13f3f","width":1.6}],"guides":[],"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"]},{"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":[46.7648,71.8078,88.0018,73.9854,98.7546,124.5928,534.9797,104.5962,123.9711,65.1944,132.2912,80.523,92.1769,63.3703,128.5337,92.3887,63.0994,78.5335,30.5687,38.7776,72.3186,148.2268,56.5223,44.6496,138.4513,75.5284,74.5613,396.169,175.1508,83.9035,118.7824,170.6091,147.7769,130.7407,47.7965,47.1934,66.3567,105.3399,85.6819,47.9793,51.8844,52.3411,53.3464,113.5284,63.481,65.6345,62.1023,65.6745,76.0558,131.1109,65.8457,50.0197,57.8223,63.1345,57.9683,51.129,115.8927,59.0169,109.5287,309.9586,97.8285,72.5239,125.5212,107.8642,91.4679,86.4154,109.2417,77.0467,59.4765,63.7478,30.27,54.5589,107.7552,65.899,107.7817,57.094,82.6442,95.1236,139.7216,351.2397,230.8839,117.0231,110.338,128.3477,96.226,127.4276,123.1687,75.5411,114.3426,122.4353,92.9937,63.9619,154.4794,92.7053,19.4973,38.6127,32.0893,8.1443,9.4147,89.0271,175.699,120.5466,120.3829,115.3256],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[110.9882,106.9403,115.7679,125.4179,135.0,122.2057,65.0,65.0,65.0,68.7864,76.7618,81.4733,76.0686,72.3457,80.0217,85.6219,81.8759,86.609,88.4115,86.1292,81.7896,91.1488,87.5862,84.7804,93.8155,98.7229,102.5582,78.6649,89.528,84.2621,76.8401,65.6249,65.0,65.0,67.1383,69.2125,72.1452,76.8881,72.9102,70.6645,73.0823,70.7417,73.129,67.8527,65.0,65.0,65.0,65.0,67.233,65.0,66.8171,68.0881,69.4505,68.0663,69.3259,70.4241,72.9272,74.1293,76.3117,69.3208,71.5448,73.1875,70.2772,67.8659,69.9031,71.8122,74.2405,75.9437,74.6539,73.3492,72.7481,73.8263,71.6532,72.9803,70.7579,69.5783,67.9052,69.8671,66.9328,65.0,65.0,65.0,65.0,65.0,66.4653,68.4537,70.3986,69.2023,67.3322,69.4101,71.0463,69.9068,67.042,65.2811,65.6409,65.0,65.0,65.1408,65.0,65.0,65.0,65.0,66.4918,65.076],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]}]},"canonical_url":"https://sharemaestro.com/terminal/7448a094-23f3-4972-afed-5f95ba7fb635/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/7448a094-23f3-4972-afed-5f95ba7fb635/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/7448a094-23f3-4972-afed-5f95ba7fb635/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/7448a094-23f3-4972-afed-5f95ba7fb635/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/7448a094-23f3-4972-afed-5f95ba7fb635/technical-pack/data.json"},"source_fingerprint":"c884699015e7688ce9296da5c64b5a4f0082b2b84ed5e0653eacce65ba3c628d","content_hash":"a9380df1d2f5c732db8b44aa977c3110c62ec19c4f869d4336da305e46a4c3ab","citation":"Sharemaestro, AML Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/7448a094-23f3-4972-afed-5f95ba7fb635/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."}