{"schema_version":"1.0","name":"MDXG Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"7a75f9c4-6c06-4196-b76a-3dca72c1f3c9","symbol":"MDXG","name":"MiMedx Group Inc","exchange":"NASDAQ","country":"US","asset_type":"equity","currency":"USD","sector":"Healthcare","industry":"Biotechnology"},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","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, Acceleration, deceleration and rollover, 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":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","evidenceAlignment":{"status":"Underlying strength ahead of price","headline":"Market Dynamics is improving before price has fully responded","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","take":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","tone":"caution","conflict":true},"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":[-0.644704,-0.67462,-0.769617,-0.746982,-0.843458,-1.139509,-1.230394,-1.285267,-1.374794,-1.346483,-0.847384,-0.124633,0.639491,1.357394,1.527465,1.481552,1.394366,1.286061,1.17385,1.030798,0.838023,0.679802,0.50041,0.316826,0.034649,-0.254569,-0.532926,-0.654916,-0.684209,-0.708031,-0.633474,-0.74638,-0.880921,-0.946712,-1.152222,-1.315764,-1.325427,-1.223998,-1.035033,-0.926323,-0.943618,-1.113525,-1.228442,-1.259863,-1.194465,-1.012888,-0.57267,-0.115847,0.278526,0.718916,0.81464,0.848495,0.91695,0.776163,0.719952,0.678115,0.732515,0.720529,0.809076,0.647998,0.305733,0.089722,0.141065,0.373653,0.622262,0.634959,0.213505,-0.059147,-0.160825,-0.095651,-0.076842,-0.256593,-0.653658,-1.000876,-1.295955,-1.416709,-1.375635,-1.440104,-1.436931,-1.325345,-1.411549,-1.399474,-1.326084,-1.451906,-1.421163,-1.392185,-1.386376,-1.26073,-1.063557,-0.866629,-0.689275,-0.521843,-0.354357,-0.149417,0.004733,0.171714,0.417979,0.530471,0.711994,0.890698,0.857488,1.04518,1.168831,1.184096],"opens":[6.26,6.93,6.81,6.2,6.22,6.12,5.82,5.73,5.72,5.78,5.92,6.93,7.55,9.22,9.2,9.26,9.7,9.16,9.1,9.39,9.17,8.54,9.22,8.5,8.55,8.31,8.36,7.98,8.34,7.85,7.87,8.01,7.45,6.84,6.97,6.59,6.93,6.32,7.24,7.0,6.72,6.42,6.5,6.06,5.83,5.95,6.28,6.62,6.43,6.77,7.21,7.04,7.13,7.27,7.0,7.18,6.96,7.0,6.98,7.21,6.58,6.69,6.76,7.48,7.37,7.39,6.74,6.87,6.96,7.23,7.05,6.91,6.45,6.11,5.25,5.26,5.09,5.12,5.11,5.26,4.78,4.39,4.41,4.25,3.83,3.89,3.87,3.37,3.43,3.61,3.58,3.52,3.62,3.63,3.74,3.65,3.66,3.98,3.95,4.1,4.3,4.24,4.21,4.31],"highs":[6.93,6.975,6.875,6.3,6.35,6.22,5.96,5.76,5.93,5.94,7.2,7.6,9.475,9.49,9.64,9.71,10.14,9.6,9.43,9.71,9.33,9.165,9.362,9.3,8.7504,8.54,8.4995,8.46,8.43,8.2,8.13,8.115,7.75,7.34,6.97,6.99,7.07,7.52,7.3999,7.235,6.895,6.51,6.6,6.125,6.05,6.419,7.05,6.87,6.99,7.99,7.44,7.45,7.39,7.298,7.23,7.25,7.31,7.25,7.22,7.35,6.8625,6.86,7.89,7.97,7.77,7.51,6.96,7.06,7.295,7.445,7.16,6.96,6.5,6.17,5.45,5.405,5.225,5.305,5.25,5.46,4.935,4.71,4.52,4.315,4.1,4.07,4.055,3.5,3.7,3.73,3.64,3.8,3.74,3.88,3.805,3.76,3.975,4.025,4.295,4.45,4.35,4.455,4.485,4.39],"lows":[6.2,6.52,6.13,6.06,6.06,5.64,5.66,5.47,5.62,5.585,5.69,6.88,7.325,8.55,8.99,9.15,9.07,8.93,8.98,9.1,8.58,8.5,8.76,8.29,8.28,7.91,7.81,7.375,7.855,7.72,7.74,7.485,6.93,6.48,6.545,6.5,6.175,6.045,6.88,6.46,6.42,6.3,5.8,5.79,5.8,5.94,6.23,6.0,6.3813,6.465,6.91,6.89,7.01,7.04,6.98,6.81,6.89,6.81,6.62,6.505,6.41,6.58,6.68,7.225,7.33,6.325,6.665,6.62,6.66,7.01,6.735,6.4413,6.04,5.39,5.13,5.05,4.89,5.03,5.03,4.785,4.48,4.34,4.08,3.81,3.77,3.825,3.31,3.185,3.025,3.565,3.45,3.52,3.562,3.48,3.555,3.575,3.629,3.715,3.89,4.035,4.09,3.76,4.05,4.12],"closes":[6.9,6.84,6.15,6.22,6.13,5.83,5.76,5.71,5.82,5.85,6.93,7.53,9.28,9.2,9.25,9.68,9.16,9.1,9.42,9.19,8.65,9.12,8.79,8.7,8.31,8.4,7.98,8.405,7.89,7.92,7.94,7.54,7.06,6.84,6.68,6.91,6.32,7.05,7.05,6.63,6.43,6.49,6.04,5.81,5.94,6.34,6.66,6.42,6.77,7.16,7.02,7.11,7.31,7.1,7.14,6.94,7.02,6.94,7.21,6.55,6.69,6.76,7.65,7.44,7.38,6.76,6.88,6.93,7.22,7.05,6.9,6.48,6.1,5.42,5.26,5.11,5.15,5.12,5.17,4.89,4.5,4.38,4.12,3.81,3.92,3.87,3.415,3.43,3.68,3.6,3.56,3.62,3.68,3.74,3.6,3.67,3.93,3.95,4.11,4.3,4.2,4.13,4.34,4.27],"pressureRange":[-1.74131,1.74131],"priceRange":[3.415,9.68],"zones":{"accumulationBoundary":0.06929,"distributionBoundary":0.93071},"latest":1.184096,"state":"Positive Market Dynamics ahead of price","context":{"scenario":"dynamicsAhead","latestDirection":"slight strengthening","fourWeekDirection":"strengthening","now":{"label":"Slightly stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"diagnosis":{"label":"Underlying strength ahead of price","detail":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","annotations":[{"label":"Current tape relationship","value":"Underlying strength ahead of price","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"26 Jun 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Leading price","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.38,"forwardCorrelation":-0.1,"directionalAgreement":49.6,"sample":252,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":5.5,"medianWeeksInZone":5.5,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"medianReturn":-2.9,"averageReturn":-2.9,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":1,"expectedPercent":50.0,"medianReturn":8.3,"averageReturn":8.3,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.7,"sample":2},{"week":2,"averageReturn":4.7,"sample":2},{"week":3,"averageReturn":-2.5,"sample":2},{"week":4,"averageReturn":-2.9,"sample":2},{"week":5,"averageReturn":1.3,"sample":2},{"week":6,"averageReturn":1.1,"sample":2},{"week":7,"averageReturn":1.5,"sample":2},{"week":8,"averageReturn":0.2,"sample":2},{"week":9,"averageReturn":2.0,"sample":2},{"week":10,"averageReturn":6.6,"sample":2},{"week":11,"averageReturn":5.1,"sample":2},{"week":12,"averageReturn":8.3,"sample":2},{"week":13,"averageReturn":14.5,"sample":2},{"week":14,"averageReturn":13.3,"sample":2},{"week":15,"averageReturn":14.4,"sample":2},{"week":16,"averageReturn":20.0,"sample":2},{"week":17,"averageReturn":17.6,"sample":2},{"week":18,"averageReturn":8.4,"sample":1},{"week":19,"averageReturn":13.9,"sample":1},{"week":20,"averageReturn":12.1,"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":3,"completedEpisodes":3,"activeEpisodes":0,"averageWeeksInZone":1.3,"medianWeeksInZone":1,"averageWeeksToLower":1.3,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"medianReturn":-1.3,"averageReturn":-2.0,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":-13.7,"averageReturn":-13.3,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":-30.5,"averageReturn":-30.5,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.4,"sample":3},{"week":2,"averageReturn":-3.2,"sample":3},{"week":3,"averageReturn":-0.2,"sample":3},{"week":4,"averageReturn":-2.0,"sample":3},{"week":5,"averageReturn":-3.4,"sample":3},{"week":6,"averageReturn":-5.6,"sample":3},{"week":7,"averageReturn":-4.4,"sample":3},{"week":8,"averageReturn":-9.0,"sample":3},{"week":9,"averageReturn":-6.1,"sample":3},{"week":10,"averageReturn":-10.6,"sample":3},{"week":11,"averageReturn":-10.5,"sample":3},{"week":12,"averageReturn":-13.3,"sample":3},{"week":13,"averageReturn":-12.9,"sample":3},{"week":14,"averageReturn":-17.9,"sample":3},{"week":15,"averageReturn":-17.1,"sample":3},{"week":16,"averageReturn":-19.4,"sample":3},{"week":17,"averageReturn":-19.9,"sample":3},{"week":18,"averageReturn":-23.7,"sample":3},{"week":19,"averageReturn":-23.3,"sample":3},{"week":20,"averageReturn":-25.6,"sample":3},{"week":21,"averageReturn":-27.1,"sample":3},{"week":22,"averageReturn":-30.5,"sample":3},{"week":23,"averageReturn":-26.8,"sample":3},{"week":24,"averageReturn":-30.5,"sample":3},{"week":25,"averageReturn":-30.2,"sample":3},{"week":26,"averageReturn":-30.5,"sample":3}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":21,"completedEpisodes":20,"activeEpisodes":1,"medianExpectedMove":6.3,"averageExpectedMove":11.8,"averageWeeksToLargestMove":4.8,"horizons":[{"weeks":4,"sample":21,"expectedCount":7,"expectedPercent":33.3,"averageReturn":-2.2,"medianReturn":-6.2,"confidenceLow":17.2,"confidenceHigh":54.6,"confidence":"Mixed historical record"},{"weeks":12,"sample":20,"expectedCount":5,"expectedPercent":25.0,"averageReturn":-6.4,"medianReturn":-6.9,"confidenceLow":11.2,"confidenceHigh":46.9,"confidence":"Historically adverse"},{"weeks":26,"sample":20,"expectedCount":6,"expectedPercent":30.0,"averageReturn":-7.2,"medianReturn":-19.1,"confidenceLow":14.5,"confidenceHigh":51.9,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-2.9,"sample":21},{"week":2,"averageReturn":-3.9,"sample":21},{"week":3,"averageReturn":-4.4,"sample":21},{"week":4,"averageReturn":-2.2,"sample":21},{"week":5,"averageReturn":-2.1,"sample":21},{"week":6,"averageReturn":-1.8,"sample":21},{"week":7,"averageReturn":-3.8,"sample":21},{"week":8,"averageReturn":-3.5,"sample":21},{"week":9,"averageReturn":-4.5,"sample":21},{"week":10,"averageReturn":-4.0,"sample":20},{"week":11,"averageReturn":-5.4,"sample":20},{"week":12,"averageReturn":-6.4,"sample":20},{"week":13,"averageReturn":-8.8,"sample":20},{"week":14,"averageReturn":-8.3,"sample":20},{"week":15,"averageReturn":-9.0,"sample":20},{"week":16,"averageReturn":-10.1,"sample":20},{"week":17,"averageReturn":-8.0,"sample":20},{"week":18,"averageReturn":-8.0,"sample":20},{"week":19,"averageReturn":-8.9,"sample":20},{"week":20,"averageReturn":-9.1,"sample":20},{"week":21,"averageReturn":-9.3,"sample":20},{"week":22,"averageReturn":-6.6,"sample":20},{"week":23,"averageReturn":-6.6,"sample":20},{"week":24,"averageReturn":-8.9,"sample":20},{"week":25,"averageReturn":-7.1,"sample":20},{"week":26,"averageReturn":-7.2,"sample":20}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":17,"completedEpisodes":17,"activeEpisodes":0,"medianExpectedMove":12.4,"averageExpectedMove":16.2,"averageWeeksToLargestMove":7.4,"horizons":[{"weeks":4,"sample":17,"expectedCount":12,"expectedPercent":70.6,"averageReturn":-0.2,"medianReturn":-5.7,"confidenceLow":46.9,"confidenceHigh":86.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":17,"expectedCount":8,"expectedPercent":47.1,"averageReturn":3.8,"medianReturn":3.9,"confidenceLow":26.2,"confidenceHigh":69.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":17,"expectedCount":9,"expectedPercent":52.9,"averageReturn":-0.5,"medianReturn":-5.5,"confidenceLow":31.0,"confidenceHigh":73.8,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.9,"sample":17},{"week":2,"averageReturn":0.4,"sample":17},{"week":3,"averageReturn":-2.3,"sample":17},{"week":4,"averageReturn":-0.2,"sample":17},{"week":5,"averageReturn":1.0,"sample":17},{"week":6,"averageReturn":-2.3,"sample":17},{"week":7,"averageReturn":-0.8,"sample":17},{"week":8,"averageReturn":0.1,"sample":17},{"week":9,"averageReturn":0.0,"sample":17},{"week":10,"averageReturn":1.3,"sample":17},{"week":11,"averageReturn":2.0,"sample":17},{"week":12,"averageReturn":3.8,"sample":17},{"week":13,"averageReturn":5.0,"sample":17},{"week":14,"averageReturn":1.5,"sample":17},{"week":15,"averageReturn":2.7,"sample":17},{"week":16,"averageReturn":3.2,"sample":17},{"week":17,"averageReturn":3.0,"sample":17},{"week":18,"averageReturn":1.5,"sample":17},{"week":19,"averageReturn":2.5,"sample":17},{"week":20,"averageReturn":1.1,"sample":17},{"week":21,"averageReturn":1.9,"sample":17},{"week":22,"averageReturn":3.2,"sample":17},{"week":23,"averageReturn":1.9,"sample":17},{"week":24,"averageReturn":2.4,"sample":17},{"week":25,"averageReturn":1.1,"sample":17},{"week":26,"averageReturn":-0.5,"sample":17}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":15,"completedEpisodes":15,"activeEpisodes":0,"medianExpectedMove":16.5,"averageExpectedMove":14.8,"averageWeeksToLargestMove":6.6,"horizons":[{"weeks":4,"sample":15,"expectedCount":8,"expectedPercent":53.3,"averageReturn":6.2,"medianReturn":-3.0,"confidenceLow":30.1,"confidenceHigh":75.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":15,"expectedCount":5,"expectedPercent":33.3,"averageReturn":7.9,"medianReturn":8.3,"confidenceLow":15.2,"confidenceHigh":58.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":14,"expectedCount":6,"expectedPercent":42.9,"averageReturn":1.9,"medianReturn":6.3,"confidenceLow":21.4,"confidenceHigh":67.4,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.2,"sample":15},{"week":2,"averageReturn":5.4,"sample":15},{"week":3,"averageReturn":9.0,"sample":15},{"week":4,"averageReturn":6.2,"sample":15},{"week":5,"averageReturn":5.5,"sample":15},{"week":6,"averageReturn":6.6,"sample":15},{"week":7,"averageReturn":2.8,"sample":15},{"week":8,"averageReturn":3.3,"sample":15},{"week":9,"averageReturn":5.4,"sample":15},{"week":10,"averageReturn":5.2,"sample":15},{"week":11,"averageReturn":6.6,"sample":15},{"week":12,"averageReturn":7.9,"sample":15},{"week":13,"averageReturn":6.7,"sample":15},{"week":14,"averageReturn":7.8,"sample":14},{"week":15,"averageReturn":6.5,"sample":14},{"week":16,"averageReturn":9.0,"sample":14},{"week":17,"averageReturn":9.7,"sample":14},{"week":18,"averageReturn":10.1,"sample":14},{"week":19,"averageReturn":8.1,"sample":14},{"week":20,"averageReturn":7.6,"sample":14},{"week":21,"averageReturn":5.9,"sample":14},{"week":22,"averageReturn":4.8,"sample":14},{"week":23,"averageReturn":3.2,"sample":14},{"week":24,"averageReturn":4.6,"sample":14},{"week":25,"averageReturn":0.7,"sample":14},{"week":26,"averageReturn":1.9,"sample":14}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":20,"completedEpisodes":19,"activeEpisodes":1,"medianExpectedMove":10.2,"averageExpectedMove":16.6,"averageWeeksToLargestMove":4.8,"horizons":[{"weeks":4,"sample":19,"expectedCount":9,"expectedPercent":47.4,"averageReturn":-0.4,"medianReturn":-0.4,"confidenceLow":27.3,"confidenceHigh":68.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":19,"expectedCount":4,"expectedPercent":21.1,"averageReturn":-3.0,"medianReturn":-9.0,"confidenceLow":8.5,"confidenceHigh":43.3,"confidence":"Historically adverse"},{"weeks":26,"sample":19,"expectedCount":7,"expectedPercent":36.8,"averageReturn":-2.6,"medianReturn":-22.1,"confidenceLow":19.1,"confidenceHigh":59.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.6,"sample":19},{"week":2,"averageReturn":-0.4,"sample":19},{"week":3,"averageReturn":0.6,"sample":19},{"week":4,"averageReturn":-0.4,"sample":19},{"week":5,"averageReturn":0.1,"sample":19},{"week":6,"averageReturn":0.9,"sample":19},{"week":7,"averageReturn":2.4,"sample":19},{"week":8,"averageReturn":3.6,"sample":19},{"week":9,"averageReturn":2.2,"sample":19},{"week":10,"averageReturn":1.3,"sample":19},{"week":11,"averageReturn":0.5,"sample":19},{"week":12,"averageReturn":-3.0,"sample":19},{"week":13,"averageReturn":-2.6,"sample":19},{"week":14,"averageReturn":-5.5,"sample":19},{"week":15,"averageReturn":-3.9,"sample":19},{"week":16,"averageReturn":-4.5,"sample":19},{"week":17,"averageReturn":-4.6,"sample":19},{"week":18,"averageReturn":-5.4,"sample":19},{"week":19,"averageReturn":-2.9,"sample":19},{"week":20,"averageReturn":-6.0,"sample":19},{"week":21,"averageReturn":-2.3,"sample":19},{"week":22,"averageReturn":-2.1,"sample":19},{"week":23,"averageReturn":-3.6,"sample":19},{"week":24,"averageReturn":-2.2,"sample":19},{"week":25,"averageReturn":-2.1,"sample":19},{"week":26,"averageReturn":-2.6,"sample":19}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":10.5,"averageExpectedMove":10.5,"averageWeeksToLargestMove":12.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-1.3,"medianReturn":-1.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-10.5,"medianReturn":-10.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-24.0,"medianReturn":-24.0,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.9,"sample":1},{"week":2,"averageReturn":-0.3,"sample":1},{"week":3,"averageReturn":4.3,"sample":1},{"week":4,"averageReturn":-1.3,"sample":1},{"week":5,"averageReturn":-1.9,"sample":1},{"week":6,"averageReturn":1.5,"sample":1},{"week":7,"averageReturn":-1.0,"sample":1},{"week":8,"averageReturn":-6.8,"sample":1},{"week":9,"averageReturn":-1.7,"sample":1},{"week":10,"averageReturn":-5.3,"sample":1},{"week":11,"averageReturn":-6.2,"sample":1},{"week":12,"averageReturn":-10.5,"sample":1},{"week":13,"averageReturn":-9.5,"sample":1},{"week":14,"averageReturn":-14.0,"sample":1},{"week":15,"averageReturn":-9.4,"sample":1},{"week":16,"averageReturn":-15.0,"sample":1},{"week":17,"averageReturn":-14.7,"sample":1},{"week":18,"averageReturn":-14.4,"sample":1},{"week":19,"averageReturn":-18.7,"sample":1},{"week":20,"averageReturn":-23.9,"sample":1},{"week":21,"averageReturn":-26.3,"sample":1},{"week":22,"averageReturn":-28.0,"sample":1},{"week":23,"averageReturn":-25.5,"sample":1},{"week":24,"averageReturn":-31.9,"sample":1},{"week":25,"averageReturn":-24.0,"sample":1},{"week":26,"averageReturn":-24.0,"sample":1}]},"currentApplication":{"status":"Underlying strength ahead of price","tone":"caution","headline":"Underlying strength is leading price","use":"A positive price response is needed before the early upside case is confirmed.","confirm":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":21.1,"averageReturn":-3.0,"sample":19},"nowContext":{"label":"Slightly stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"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":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 21.1% of comparable cases moved higher after 12 weeks, with an average move of -3.0% across 19 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 3 cases. Distinct visits lasted 1.3 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 16.6% across 19 completed cases, with the largest move arriving after 4.8 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":[{"date":"2026-06-26","price":3.93}],"distribution_rollovers":[{"date":"2024-12-13","price":9.16},{"date":"2025-01-03","price":9.19}],"price_pressure_gaps":[{"date":"2024-11-15","price":9.28}]}},"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":[6.9,6.84,6.15,6.22,6.13,5.83,5.76,5.71,5.82,5.85,6.93,7.53,9.28,9.2,9.25,9.68,9.16,9.1,9.42,9.19,8.65,9.12,8.79,8.7,8.31,8.4,7.98,8.405,7.89,7.92,7.94,7.54,7.06,6.84,6.68,6.91,6.32,7.05,7.05,6.63,6.43,6.49,6.04,5.81,5.94,6.34,6.66,6.42,6.77,7.16,7.02,7.11,7.31,7.1,7.14,6.94,7.02,6.94,7.21,6.55,6.69,6.76,7.65,7.44,7.38,6.76,6.88,6.93,7.22,7.05,6.9,6.48,6.1,5.42,5.26,5.11,5.15,5.12,5.17,4.89,4.5,4.38,4.12,3.81,3.92,3.87,3.415,3.43,3.68,3.6,3.56,3.62,3.68,3.74,3.6,3.67,3.93,3.95,4.11,4.3,4.2,4.13,4.34,4.27],"consensus":[19.881,0.0,-53.485,-11.7596,-36.0642,-47.0694,-34.4345,-23.5884,-14.0849,0.0,60.5555,71.4551,82.3389,42.9194,41.338,69.4137,0.0,16.4629,51.6021,0.0,-24.9833,42.7374,-20.4327,0.0,-33.9681,0.0,-42.6986,15.943,-47.1791,-19.7524,-11.6952,-51.2001,-56.3789,-43.776,-47.7721,-11.5445,-65.3027,23.0918,-10.1304,-40.9828,-36.3661,-13.0598,-52.6836,-53.2699,-20.3895,10.5231,27.5217,-11.6784,32.4521,40.6967,0.0,21.5409,36.893,0.0,17.9232,-13.5052,0.0,-8.246,31.5077,-50.7376,0.0,0.0,58.4579,9.2307,10.4209,-33.679,0.0,0.0,24.6682,-11.2349,-13.835,-48.306,-59.166,-76.0807,-46.9865,-55.1174,-28.3884,-37.6371,-21.4746,-54.8931,-65.7397,-51.9698,-66.3973,-69.6873,-30.7738,-45.8742,-72.5762,-26.5968,0.0,-39.416,-20.0168,-12.0173,0.0,0.0,-28.6971,0.0,37.933,16.2253,35.0402,45.834,12.6901,0.0,39.5585,9.2323],"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":[37.5094,0.0,19.5245,-16.0805,0.0,-9.2082,34.0654,-48.0937,0.0,0.0,53.1002,2.0391,0.1647,-35.0626,0.0,0.0,29.727,-19.4253,-17.1744,-51.7533,-59.3106,-77.122,-43.3257,-56.3555,-17.2979,-39.3146,-19.6882,-57.9926,-71.8214,-54.6905,-67.6381,-76.0344,-27.4505,-48.2795,-71.7276,-19.0286,0.0,-43.492,-26.475,-21.8039,0.0,0.0,-40.3429,0.0,32.7867,11.4222,27.2567,39.3815,3.4932,0.0,34.4915,8.9562],"force":[32.1289,0.0,11.0456,-28.1086,0.0,-15.6349,44.5676,-85.6909,0.0,0.0,87.7473,23.4105,7.0443,-60.9805,0.0,0.0,43.1475,-28.2641,-19.3611,-57.9055,-67.2038,-92.642,-27.4609,-37.6995,-3.1939,-12.16,-7.1251,-56.289,-60.0931,-31.3927,-64.7935,-62.4688,-7.0749,-23.1845,-86.1073,-4.0928,0.0,-25.8805,-1.819,-11.9088,0.0,0.0,-28.213,0.0,66.0936,12.4314,36.089,45.178,11.0734,0.0,45.0246,9.8302],"direction":[39.5914,0.0,21.0056,-0.131,0.0,-1.8685,19.2562,-28.7925,0.0,0.0,43.66,40.7649,34.994,-12.5968,0.0,0.0,5.6873,-10.2893,-6.0712,-37.5096,-53.2596,-63.0613,-65.1173,-66.1438,-63.6222,-53.9179,-43.9447,-50.3539,-62.8224,-63.5583,-66.1248,-67.5894,-61.6066,-59.3322,-63.8809,-57.1673,0.0,-44.4259,-25.6345,-17.9228,0.0,0.0,-15.7335,0.0,23.6997,24.4245,43.1864,53.6769,40.1746,0.0,41.445,23.1638],"intensity":[13.4615,17.3077,3.8462,17.3077,7.6923,9.6154,30.7692,86.5385,65.3846,13.4615,94.2308,76.9231,19.2308,98.0769,82.6923,11.5385,34.6154,42.3077,34.6154,57.6923,63.4615,90.3846,90.3846,15.3846,19.2308,15.3846,1.9231,40.3846,73.0769,32.6923,36.5385,46.1538,30.7692,3.8462,73.0769,80.7692,38.4615,76.9231,15.3846,23.0769,5.7692,21.1538,23.0769,9.6154,51.9231,15.3846,57.6923,36.5385,21.1538,69.2308,67.3077,17.3077],"confirmation":[79.6512,27.7762,73.5014,50.0608,0.6157,48.1826,78.4415,85.3415,3.5851,25.0744,87.6808,7.0629,27.1683,79.5882,4.1597,25.3944,53.7133,28.8511,49.878,83.698,87.1759,92.8347,82.4964,85.0879,54.3055,79.2419,52.8809,85.5611,88.7719,83.9618,89.1793,89.9832,55.5874,81.9516,91.6497,53.8975,12.1369,80.1385,51.0857,28.1745,27.2586,25.5284,76.9909,25.7406,81.0752,73.1497,79.3634,82.7452,5.8391,4.7091,80.9025,27.1414],"persistence":[62.5,50.0,50.0,50.0,37.5,12.5,25.0,0.0,12.5,12.5,12.5,12.5,25.0,25.0,12.5,25.0,37.5,25.0,0.0,25.0,50.0,50.0,62.5,75.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,87.5,87.5,87.5,87.5,75.0,62.5,62.5,50.0,37.5,12.5,12.5,37.5,50.0,50.0,75.0,87.5],"assessmentRisk":[29.7738,8.6339,11.9035,23.63,43.8116,26.0189,0.2013,18.9202,40.0753,29.7704,13.9495,44.8555,43.0854,16.8395,46.7027,42.0927,32.2829,37.6678,9.5244,16.8231,20.211,11.9329,26.4828,22.4379,35.7106,21.0968,6.7044,8.7798,16.6891,23.9574,16.7988,15.1545,34.2096,26.3464,13.6874,35.403,42.843,24.0262,41.089,43.0031,3.2798,31.2862,25.0557,15.4685,25.6757,33.9097,32.1777,27.0811,42.3868,43.0613,28.1816,16.7713],"volumeParticipation":true,"latest":{"consensus":9.2,"control":9.0,"force":9.8,"direction":23.2,"confirmation":27.1,"persistence":87.5,"assessmentRisk":16.8,"intensity":17.3,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the upward view","summary":"The completed evidence gives the upward view the clearer support.","take":"Current assessment: upward pressure has the stronger support.","tone":"positive","supportedView":"Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Established","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+9.2","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+9.0","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+9.8","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+23.2","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"27/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"48.1","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"9.1%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"28.3","detail":"Directional","tone":"positive"},{"label":"Range position","value":"51%","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 is rotating through its trend references.","series":[{"label":"Close","values":[6.9,6.84,6.15,6.22,6.13,5.83,5.76,5.71,5.82,5.85,6.93,7.53,9.28,9.2,9.25,9.68,9.16,9.1,9.42,9.19,8.65,9.12,8.79,8.7,8.31,8.4,7.98,8.405,7.89,7.92,7.94,7.54,7.06,6.84,6.68,6.91,6.32,7.05,7.05,6.63,6.43,6.49,6.04,5.81,5.94,6.34,6.66,6.42,6.77,7.16,7.02,7.11,7.31,7.1,7.14,6.94,7.02,6.94,7.21,6.55,6.69,6.76,7.65,7.44,7.38,6.76,6.88,6.93,7.22,7.05,6.9,6.48,6.1,5.42,5.26,5.11,5.15,5.12,5.17,4.89,4.5,4.38,4.12,3.81,3.92,3.87,3.415,3.43,3.68,3.6,3.56,3.62,3.68,3.74,3.6,3.67,3.93,3.95,4.11,4.3,4.2,4.13,4.34,4.27],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[6.8381,6.8384,6.7133,6.6236,6.5338,6.4059,6.2884,6.1833,6.1172,6.0686,6.2252,6.4625,6.9748,7.3793,7.7195,8.0759,8.273,8.4234,8.6046,8.711,8.6999,8.7763,8.7788,8.7645,8.6818,8.6306,8.5123,8.4928,8.3832,8.299,8.2337,8.1076,7.9171,7.7213,7.532,7.4189,7.2191,7.1883,7.1632,7.0662,6.9506,6.8668,6.7165,6.5517,6.4405,6.4222,6.4654,6.4572,6.514,6.6315,6.7021,6.7763,6.8733,6.9145,6.9555,6.9527,6.9649,6.9604,7.0058,6.9229,6.8806,6.8586,7.0025,7.0821,7.1362,7.0678,7.0337,7.0148,7.0521,7.0517,7.0242,6.9252,6.7752,6.5288,6.2981,6.0821,5.9126,5.7685,5.6597,5.5197,5.3343,5.1608,4.9716,4.7604,4.6076,4.4735,4.281,4.1263,4.0452,3.9642,3.8907,3.8415,3.8121,3.799,3.7628,3.746,3.7794,3.8104,3.8649,3.944,3.9906,4.0159,4.0748,4.1103],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[7.0788,7.0611,6.9936,6.9363,6.8766,6.799,6.7221,6.6471,6.5858,6.5313,6.5609,6.6326,6.8287,7.0044,7.1707,7.3566,7.4902,7.6094,7.7436,7.8507,7.9099,7.9995,8.0581,8.1056,8.1208,8.1415,8.1295,8.1499,8.1307,8.1151,8.1021,8.0605,7.9863,7.9014,7.811,7.7442,7.6387,7.5951,7.5547,7.4862,7.408,7.34,7.2437,7.1375,7.0488,6.9963,6.9714,6.9305,6.9186,6.9365,6.9427,6.9551,6.9814,6.9902,7.0013,6.9967,6.9985,6.9941,7.0101,6.976,6.9548,6.9404,6.993,7.0261,7.0523,7.0307,7.0195,7.0129,7.0282,7.0298,7.0202,6.9802,6.915,6.8043,6.6899,6.5728,6.4674,6.3676,6.2789,6.176,6.0519,5.928,5.7941,5.6471,5.5192,5.397,5.2502,5.1154,5.0091,4.9047,4.8051,4.7173,4.6405,4.5738,4.5016,4.44,4.4022,4.3687,4.3496,4.3459,4.3351,4.3199,4.3214,4.3176],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[7.9312,7.9245,7.9393,7.9441,7.9269,7.9132,7.8069,7.6808,7.6383,7.5964,7.6084,7.7203,8.3333,8.7887,9.1642,9.5963,9.8157,10.0692,10.3508,10.5555,10.6696,10.8332,10.9151,10.9686,10.9612,10.9039,10.779,10.6091,10.3744,10.0395,9.8978,9.8964,9.9484,9.9957,10.008,9.861,9.8472,9.7291,9.5176,9.3475,9.267,9.0473,8.9038,8.7601,8.6417,8.4429,8.3057,8.037,7.8752,7.7218,7.5193,7.4272,7.4733,7.5059,7.5543,7.5575,7.587,7.5744,7.5976,7.596,7.5991,7.6054,7.7074,7.6939,7.6536,7.6171,7.6109,7.5734,7.5867,7.5792,7.5774,7.5999,7.6468,7.8301,7.9566,8.0678,8.1174,8.1457,8.1075,8.1447,8.1889,8.2045,8.0665,7.9505,7.7759,7.6756,7.5568,7.3737,7.0469,6.7003,6.3208,5.9823,5.6842,5.5168,5.3637,5.2184,5.0427,4.8472,4.6042,4.4441,4.3753,4.3217,4.3671,4.4233],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[5.9728,6.0195,5.9907,5.9809,5.8741,5.7258,5.6281,5.5502,5.4597,5.3836,5.3816,5.3357,4.9577,4.7433,4.5798,4.3997,4.3203,4.3308,4.3512,4.4395,4.5004,4.5648,4.7469,4.9414,5.1668,5.4811,5.828,6.2674,6.7091,7.251,7.4937,7.4961,7.2221,6.9388,6.6695,6.5395,6.2693,6.1824,6.1569,6.071,5.9295,5.8862,5.7547,5.6094,5.4908,5.4836,5.4888,5.559,5.6088,5.6862,5.7967,5.8458,5.8247,5.8181,5.8157,5.8155,5.856,5.8576,5.8504,5.844,5.8669,5.8876,5.9466,6.1231,6.3074,6.3859,6.4141,6.5026,6.5343,6.5308,6.5206,6.4351,6.2672,5.9159,5.6014,5.3072,5.0706,4.8603,4.6945,4.4913,4.2281,3.9745,3.7595,3.5125,3.3411,3.1524,2.9247,2.7578,2.7306,2.7322,2.7777,2.8302,2.8863,2.8857,2.8728,2.8741,2.9278,3.0063,3.1433,3.2444,3.2832,3.3118,3.2884,3.2782],"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":[-18.6492,-18.1803,-21.2432,-24.1937,-25.679,-29.365,-29.5962,-30.5926,-28.9643,-28.2106,-13.128,-10.3883,14.3084,11.4684,11.5323,13.2976,7.0259,9.3256,12.62,10.9875,7.1594,10.0921,4.8436,5.4284,0.8793,-0.5228,-2.8862,6.2758,3.4259,6.6769,6.8939,4.1102,8.0579,-2.6524,-2.6979,-5.4079,-15.9355,-5.7648,-11.3972,-14.2349,-18.0325,-18.6416,-23.5765,-26.1498,-27.1593,-23.1558,-18.7225,-22.2617,-18.2395,-11.3991,-16.0275,-15.2571,-11.86,-13.9287,-14.1357,-17.9035,-18.5998,-19.1214,-16.987,-22.7819,-22.9381,-23.6998,-15.0547,-14.4778,-14.2745,-18.2162,-19.9022,-19.2952,-13.6162,-15.3767,-17.3605,-20.197,-25.6998,-32.5339,-33.8694,-34.8311,-32.2268,-30.9917,-30.3728,-33.0745,-36.7665,-36.8848,-38.4788,-40.2755,-39.8761,-42.302,-51.2081,-51.2226,-47.7515,-50.6954,-50.2892,-49.2833,-49.1611,-45.1437,-47.7115,-47.435,-40.4139,-39.8914,-37.739,-31.264,-30.9081,-31.3956,-30.444,-31.3206],"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":[-55.6555,-56.0411,-60.4756,-60.0257,-60.6041,-62.5321,-62.982,-63.3033,-62.5964,-62.4036,-55.4627,-51.6067,-40.3599,-40.874,-40.5527,-37.7892,-41.1311,-41.5167,-39.4602,-40.9383,-44.4087,-41.3882,-43.509,-44.0874,-46.5938,-46.0154,-48.7147,-45.9833,-49.2931,-49.1003,-48.9717,-51.5424,-54.6272,-56.0411,-57.0694,-55.5913,-59.383,-54.6915,-54.6915,-57.3907,-58.6761,-58.2905,-61.1825,-62.6607,-61.8252,-59.2545,-57.1979,-58.7404,-56.491,-53.9846,-54.8843,-54.3059,-53.0206,-54.3702,-54.1131,-55.3985,-54.8843,-55.3985,-53.6632,-57.9049,-57.0051,-56.5553,-50.8355,-52.1851,-52.5707,-56.5553,-55.7841,-55.4627,-53.599,-54.6915,-55.6555,-58.3548,-60.7969,-65.1671,-66.1954,-67.1594,-66.9023,-67.0951,-66.7738,-68.5733,-71.0797,-71.8509,-73.5219,-75.5141,-74.8072,-75.1285,-78.0527,-77.9563,-76.3496,-76.8638,-77.1208,-76.7352,-76.3496,-75.964,-76.8638,-76.4139,-74.7429,-74.6144,-73.5861,-72.365,-73.0077,-73.4576,-72.108,-72.5578],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[10.2236,9.2652,0.0,1.1382,0.0,0.0,0.0,0.0,1.9264,2.4518,21.366,31.8739,62.5219,61.1208,61.9965,69.5271,60.4203,59.3695,64.9737,60.9457,51.4886,59.7198,53.9405,52.3643,45.5342,47.1103,39.7548,47.1979,38.1786,38.704,39.0543,32.049,23.6427,17.5258,14.188,3.4431,0.0,11.5506,11.5506,4.9051,1.7405,2.6899,0.0,0.0,2.2375,9.1222,14.6299,10.4991,16.5232,23.2358,20.8262,22.3752,25.8176,22.2031,22.8916,19.4492,20.8262,19.4492,24.0964,12.7367,15.1463,16.3511,31.6695,28.0551,27.0224,16.3511,18.4165,19.2771,24.2685,18.6869,8.8328,0.9346,0.0,0.0,0.0,0.0,0.7828,0.1957,1.1742,0.0,0.0,0.0,0.0,0.0,2.8871,1.5748,0.0,0.4392,7.7599,5.4173,4.246,6.0029,7.7599,9.5168,5.4173,7.4671,15.0805,15.6662,20.3514,25.9151,22.9868,20.937,27.0864,25.0366],"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":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[-0.1982,-0.1868,-0.2307,-0.2569,-0.2817,-0.3219,-0.3552,-0.3813,-0.3886,-0.3875,-0.2961,-0.1733,0.0646,0.2438,0.3854,0.5263,0.5892,0.627,0.6749,0.6865,0.6446,0.642,0.6063,0.5642,0.4937,0.44,0.3595,0.3261,0.2552,0.1992,0.1546,0.0859,-0.0071,-0.0974,-0.1799,-0.2241,-0.3032,-0.3035,-0.3003,-0.3279,-0.3617,-0.3793,-0.4246,-0.4737,-0.4963,-0.4765,-0.43,-0.4079,-0.3579,-0.2836,-0.2333,-0.1841,-0.1274,-0.0984,-0.0713,-0.0652,-0.0533,-0.0498,-0.0249,-0.0578,-0.0717,-0.0762,-0.0079,0.029,0.0528,0.0213,0.006,-0.002,0.0148,0.0143,0.0017,-0.0416,-0.1055,-0.2085,-0.2996,-0.3795,-0.4346,-0.4753,-0.4977,-0.5319,-0.5838,-0.6273,-0.6751,-0.7295,-0.755,-0.7704,-0.81,-0.8306,-0.8173,-0.804,-0.7876,-0.7609,-0.7266,-0.6867,-0.6587,-0.6237,-0.5684,-0.5171,-0.4582,-0.3916,-0.343,-0.3066,-0.2578,-0.2223],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[-0.1493,-0.1568,-0.1716,-0.1887,-0.2073,-0.2302,-0.2552,-0.2804,-0.3021,-0.3192,-0.3146,-0.2863,-0.2161,-0.1241,-0.0222,0.0875,0.1878,0.2757,0.3555,0.4217,0.4663,0.5014,0.5224,0.5308,0.5234,0.5067,0.4772,0.447,0.4087,0.3668,0.3243,0.2766,0.2199,0.1564,0.0892,0.0265,-0.0394,-0.0923,-0.1339,-0.1727,-0.2105,-0.2442,-0.2803,-0.319,-0.3545,-0.3789,-0.3891,-0.3929,-0.3859,-0.3654,-0.339,-0.308,-0.2719,-0.2372,-0.204,-0.1762,-0.1517,-0.1313,-0.11,-0.0996,-0.094,-0.0904,-0.0739,-0.0533,-0.0321,-0.0214,-0.0159,-0.0132,-0.0076,-0.0032,-0.0022,-0.0101,-0.0292,-0.065,-0.112,-0.1655,-0.2193,-0.2705,-0.3159,-0.3591,-0.4041,-0.4487,-0.494,-0.5411,-0.5839,-0.6212,-0.659,-0.6933,-0.7181,-0.7353,-0.7457,-0.7488,-0.7443,-0.7328,-0.718,-0.6991,-0.673,-0.6418,-0.6051,-0.5624,-0.5185,-0.4761,-0.4325,-0.3904],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[-0.0489,-0.03,-0.0591,-0.0683,-0.0745,-0.0917,-0.1,-0.1009,-0.0866,-0.0684,0.0184,0.113,0.2807,0.3679,0.4077,0.4388,0.4014,0.3513,0.3194,0.2648,0.1783,0.1406,0.0839,0.0334,-0.0296,-0.0667,-0.1178,-0.1209,-0.1534,-0.1676,-0.1698,-0.1907,-0.227,-0.2539,-0.2691,-0.2506,-0.2638,-0.2113,-0.1665,-0.1552,-0.1512,-0.135,-0.1443,-0.1547,-0.1419,-0.0976,-0.0409,-0.015,0.0279,0.0818,0.1057,0.1239,0.1445,0.1388,0.1327,0.111,0.0983,0.0815,0.0851,0.0418,0.0223,0.0142,0.066,0.0823,0.0849,0.0428,0.022,0.0111,0.0224,0.0175,0.0039,-0.0315,-0.0763,-0.1435,-0.1877,-0.2141,-0.2153,-0.2048,-0.1818,-0.1728,-0.1797,-0.1786,-0.1811,-0.1884,-0.1712,-0.1492,-0.1511,-0.1373,-0.0992,-0.0687,-0.0418,-0.0122,0.0177,0.0461,0.0593,0.0754,0.1046,0.1247,0.1469,0.1708,0.1755,0.1695,0.1746,0.1682],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"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":"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":[10.9385,10.2039,10.084,10.0858,9.9841,10.5831,11.1394,11.964,12.3052,12.6853,12.9714,13.7768,16.224,18.5064,20.7303,22.8457,25.1105,26.8951,28.5522,30.3144,30.731,30.9414,31.3541,30.7076,30.0862,28.7455,27.3029,25.5511,23.9245,22.6655,21.4964,20.9026,21.2622,22.1976,23.0662,23.9338,25.1648,25.0923,25.0251,25.588,26.1667,26.8766,28.177,29.3962,30.5284,30.3935,28.6702,27.4978,26.1312,25.5038,24.9211,24.3343,23.7893,23.2832,22.6458,21.582,20.7357,19.7152,18.3871,17.3533,16.114,14.9633,16.1917,17.4593,18.6364,17.524,16.491,15.3218,14.7534,14.5398,13.6572,13.1807,13.5131,14.814,16.353,17.8821,19.5031,20.7695,21.9455,23.3866,25.1157,26.8883,28.8276,30.904,32.8719,34.6992,36.8852,39.0175,40.206,41.1915,42.2446,42.563,42.8586,42.5392,42.2426,41.9672,40.7422,39.3909,37.0716,34.4663,32.0471,30.7784,29.4837,28.2815],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[23.833,23.1362,21.2626,20.6815,20.5634,19.1473,18.4399,17.7569,19.2733,18.348,30.0828,32.241,44.0109,40.1263,39.0378,37.5537,37.8254,35.3644,33.7749,34.5216,31.9193,29.776,29.9571,26.9639,25.6771,24.0235,22.3287,19.9442,18.7985,17.8754,17.139,15.9928,14.6221,13.3315,12.7334,12.0615,10.9274,13.7279,13.021,12.0268,11.4498,11.194,10.2545,9.8805,9.5992,13.3416,19.2454,17.4002,17.5561,24.9422,23.5845,22.2088,21.3008,20.6547,20.0482,18.9914,18.7495,17.7218,16.4015,16.2983,15.3968,14.8495,24.8247,23.613,22.388,19.4601,18.8009,19.0035,20.3403,21.0747,19.9829,18.7089,17.6352,15.9623,15.3202,14.6177,13.9668,14.5396,14.0802,12.7492,11.9305,11.2953,10.5743,9.801,9.3213,8.9703,7.9855,7.6053,9.7855,9.9988,9.6935,11.8865,11.5219,13.1442,12.5601,12.1304,15.3536,15.399,19.3007,20.699,19.6708,17.2098,16.4077,15.5969],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[24.0369,22.8357,25.2258,25.3334,24.4635,27.7658,26.74,28.1761,27.0239,26.1999,21.4768,19.6572,15.4482,14.0334,13.1374,12.4027,11.1227,11.7586,11.2301,10.5386,14.9707,14.7732,13.8656,17.1298,16.4137,19.1389,18.8118,21.0843,19.8731,20.2784,19.4429,20.8496,24.8636,27.2873,26.0631,25.1725,26.22,22.47,21.3129,23.8235,23.0845,23.8451,27.0895,26.2104,25.4641,24.051,21.8187,22.2615,20.7616,17.568,16.6116,15.851,15.203,14.7418,15.0136,16.2589,15.4231,15.5743,16.7732,15.0704,15.398,14.8507,12.7427,11.6465,11.0423,20.6897,19.9889,18.9574,17.5499,16.6385,19.1288,21.5191,25.2909,30.7969,32.8264,32.3545,33.0405,31.7892,30.7848,31.3058,33.6,33.8257,35.4384,36.7567,35.5509,34.2121,38.0453,38.1232,34.3493,33.477,34.3029,32.7174,31.714,29.5226,28.2106,27.2456,25.4896,23.9972,22.1709,20.4532,19.4372,22.9459,21.1614,20.1156],"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":[78.9342,121.7917,89.493,70.3864,103.5761,74.0388,69.3608,58.9126,54.6102,64.2554,123.7337,153.2602,276.5378,149.2581,72.2981,87.4942,135.025,129.6497,52.7177,61.7521,101.9585,83.5709,56.6781,94.7879,67.9764,68.586,61.7617,101.2463,94.2832,89.4696,79.3262,70.5258,82.7767,130.5929,63.3435,75.7437,143.3714,255.8625,110.646,101.3311,68.2897,78.658,94.3989,92.4759,118.9911,79.1797,158.4449,190.2148,95.2637,190.3424,115.1574,78.4157,72.8224,50.3984,44.6435,62.1826,126.421,65.795,100.953,127.1649,73.7978,65.9331,275.8008,150.4758,115.713,114.909,57.5792,82.1322,122.0869,123.6926,78.5258,74.1062,123.8531,163.0738,101.5307,118.5719,141.2278,74.556,58.9643,149.268,89.525,91.2201,169.6122,100.6022,124.7843,125.6916,181.4314,180.7482,221.6122,154.9553,134.4108,95.386,116.3177,99.6073,81.7934,85.4727,141.1516,58.2296,79.3426,88.6809,63.8919,178.4011,109.7277,71.3296],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[70.0664,67.1462,65.0,66.6502,65.0,65.0,65.0,65.0,66.0022,67.1649,69.4372,72.2719,77.6768,74.6179,76.1064,77.925,75.0424,72.3026,73.3755,72.1288,70.0475,71.7167,70.6064,68.7287,67.4064,68.7368,67.5426,69.546,67.6377,69.4789,71.0849,69.7085,68.2566,66.0196,65.0,66.2586,65.0,69.2635,69.2635,67.5038,66.3473,67.6678,66.0578,65.0,67.0313,68.3863,71.233,67.6573,69.4466,73.2128,70.8887,72.4822,73.9656,72.9677,73.8485,72.6208,75.1339,73.9245,75.7798,73.4018,74.791,76.0301,81.7884,78.5166,75.9709,73.3714,74.6282,76.3446,78.9455,76.3849,74.788,73.2842,70.7029,67.0912,65.0,65.0,68.1323,66.4578,67.7705,65.0,65.0,65.0,65.0,65.0,67.1794,65.0,65.0,68.3162,72.6829,69.5098,66.6323,68.7288,71.3419,73.5767,71.7263,73.6667,76.9502,78.3108,80.2037,82.3082,80.7894,76.2801,79.0575,77.2437],"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/7a75f9c4-6c06-4196-b76a-3dca72c1f3c9/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/7a75f9c4-6c06-4196-b76a-3dca72c1f3c9/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/7a75f9c4-6c06-4196-b76a-3dca72c1f3c9/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/7a75f9c4-6c06-4196-b76a-3dca72c1f3c9/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/7a75f9c4-6c06-4196-b76a-3dca72c1f3c9/technical-pack/data.json"},"source_fingerprint":"15590c14ae7974fcbfe7afe6d9245e0d4642dd32c37af93d684940a945b772ea","content_hash":"c4be641db7c3c7139eccc82e25f73ba97c957abe739261a57302eca64753c69a","citation":"Sharemaestro, MDXG Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/7a75f9c4-6c06-4196-b76a-3dca72c1f3c9/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."}