{"schema_version":"1.0","name":"H414 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"7eabdd12-b7cb-4d77-a92a-c825d0a38d66","symbol":"H414","name":"Hsbc Plus Emerging Markets Equity Quant Active Ucits Etf","exchange":"GER","country":"DE","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","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, Activity pressure and cumulative balance, Range pressure and compression, Acceleration, deceleration and rollover, Directional strength and control, Range position and boundary pressure."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":53,"displayedObservations":53,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","evidenceAlignment":{"status":"Price ahead of underlying support","headline":"The upward price response is leading Market Dynamics","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","take":"Treat the gap as an early-downside risk watch. Stronger Market Dynamics would confirm the price move; a weaker price response would confirm that the gap is closing through correction.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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","2026-08-21"],"values":[0.891568,1.089355,0.790401,0.469973,0.204069,0.004122,0.175582,0.197441,0.290246,0.509165,0.521071,0.711089,0.91885,0.859271,0.983308,1.0304,1.047908,1.139198,1.132387,0.720346,0.415891,0.098702,-0.334806,-0.231403,-0.279146],"opens":[10.58,9.901,10.18,9.633,9.7,9.966,10.412,10.876,11.024,11.24,11.782,11.452,11.836,11.872,11.882,12.66,12.176,12.194,12.03,11.238,11.376,11.648,11.518,11.636,11.966],"highs":[10.614,10.326,10.486,10.098,10.048,10.488,11.016,11.006,11.042,11.784,11.846,11.73,12.188,11.91,12.096,12.66,12.248,12.25,12.068,11.376,11.86,11.658,11.77,11.936,12.052],"lows":[10.044,9.889,9.848,9.633,9.615,9.89,10.412,10.84,10.868,11.166,11.422,11.268,11.836,11.702,11.882,12.63,12.132,12.194,12.022,11.238,11.376,10.918,11.41,11.61,11.622],"closes":[10.044,10.1,9.848,9.728,9.889,10.488,11.016,11.006,10.98,11.778,11.504,11.73,12.11,11.702,12.096,12.638,12.248,12.25,12.068,11.376,11.554,11.394,11.652,11.826,11.82],"hoverRows":[[{"label":"Open","value":"10.6","className":"is-ohlc","compact":true},{"label":"High","value":"10.6","className":"is-ohlc","compact":true},{"label":"Low","value":"10.0","className":"is-ohlc","compact":true},{"label":"Close","value":"10.0","className":"is-ohlc","compact":true},{"label":"Market 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weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.6","className":"is-ohlc","compact":true},{"label":"High","value":"11.9","className":"is-ohlc","compact":true},{"label":"Low","value":"11.6","className":"is-ohlc","compact":true},{"label":"Close","value":"11.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.23","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.0","className":"is-ohlc","compact":true},{"label":"High","value":"12.1","className":"is-ohlc","compact":true},{"label":"Low","value":"11.6","className":"is-ohlc","compact":true},{"label":"Close","value":"11.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.28","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[9.5534,12.8126],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.279146,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","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 is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Price response ahead of support","detail":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","annotations":[{"label":"Current tape relationship","value":"Price response ahead of support","detail":"Market Dynamics weakened this week and remains below zero.","tone":"caution"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Lagging price","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":25,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-29","price":12.11}],"reversal_dangers":[{"date":"2026-06-05","price":11.702}]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[8.633,8.521,8.543,8.867,8.997,8.96,9.205,9.024,9.179,9.402,9.425,9.204,9.358,9.036,9.236,9.31,9.148,9.229,9.237,9.593,9.894,10.082,10.108,10.15,10.264,10.38,10.65,10.722,10.044,10.1,9.848,9.728,9.889,10.488,11.016,11.006,10.98,11.778,11.504,11.73,12.11,11.702,12.096,12.638,12.248,12.25,12.068,11.376,11.554,11.394,11.652,11.826,11.82],"consensus":[100.0,-96.0,17.9487,94.7368,97.9191,22.9928,88.0828,0.0,68.4874,88.1888,40.8432,0.0,48.9604,-52.5505,37.881,53.4024,-30.9656,38.0378,16.2141,74.6485,80.1897,71.8346,57.8873,47.4689,69.5316,50.9667,71.9671,47.7934,-32.3814,0.0,-42.6414,-40.0348,11.5413,65.1214,77.7704,51.1579,37.1358,84.4824,0.0,73.1403,74.0336,0.0,66.2653,49.6871,26.2836,47.3517,14.9184,-28.2103,0.0,-36.3012,9.9684,34.4168,6.7891],"supportDates":["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","2026-08-21"],"control":[null,null,null,null,3.0055,86.6161,0.0,63.3217,89.1664,27.2326,0.0,40.9507,-42.1856,54.2811,53.6199,-33.3723,34.0203,23.3895,79.0695,86.6453,71.9997,57.0011,38.657,69.1047,51.858,85.0824,43.4466,-40.4234,0.0,-42.1472,-25.943,13.7175,63.5024,81.4896,58.561,34.7597,89.387,0.0,72.9218,71.812,0.0,78.1257,44.5394,38.5227,54.04,35.9102,-18.0429,0.0,-21.8185,20.9128,28.8137,3.2764],"force":[-96.0,17.9487,94.7368,95.0875,25.9305,92.0921,0.0,65.5506,92.5855,7.1039,0.0,34.2198,-88.6473,53.1372,55.9799,-46.4716,58.0712,10.5782,93.2143,89.2909,73.1199,41.085,29.9118,71.7573,26.5578,49.7972,20.7474,-54.0679,0.0,-48.2926,-52.168,55.1051,95.5895,96.8462,26.1523,9.5438,97.7904,0.0,84.1508,84.0993,0.0,51.5951,30.7262,23.7194,23.1184,36.0847,-22.7502,0.0,-51.6213,33.5087,59.3863,1.2299],"direction":[null,null,null,99.9416,80.7806,86.8953,0.0,76.4888,83.9309,80.4977,0.0,68.6434,-38.6126,8.2409,51.3127,-17.1394,28.3197,12.0392,56.3346,66.311,70.7278,70.9017,70.0803,68.4298,67.3829,72.8137,72.0797,-7.7002,0.0,-39.1696,-47.473,22.0627,45.2086,59.8944,60.5584,59.56,69.3713,0.0,65.5252,69.3829,0.0,63.1893,69.1137,48.0125,57.0175,27.3587,-43.7303,0.0,-41.91,19.3539,22.985,16.5314],"intensity":[null,null,null,75.0,20.0,66.6667,57.1429,50.0,66.6667,40.0,63.6364,41.6667,92.3077,57.1429,33.3333,50.0,17.6471,55.5556,100.0,100.0,76.1905,4.5455,52.1739,33.3333,84.0,80.7692,70.3704,100.0,79.3103,63.3333,93.5484,34.375,96.9697,94.1176,91.4286,5.5556,100.0,68.4211,51.2821,92.5,82.9268,80.9524,97.6744,86.3636,6.6667,39.1304,97.8723,83.3333,81.6327,84.0,37.2549,15.3846],"confirmation":[53.3867,28.4103,52.9825,76.538,11.7031,96.331,38.9864,89.9052,96.3395,57.5823,38.3418,83.3401,86.0742,80.337,85.164,78.3449,80.8439,72.9074,92.386,93.8397,91.0237,86.0254,82.7892,90.3245,83.5519,90.154,82.5359,56.2337,25.5189,81.825,81.3956,32.3611,89.7921,93.4112,83.4956,79.0788,95.3652,13.4495,91.7438,92.0314,32.5567,88.5771,83.4005,34.4272,82.3121,33.2644,77.0158,7.7878,80.304,30.536,79.8597,17.9357],"persistence":[null,33.3333,50.0,60.0,66.6667,71.4286,62.5,62.5,87.5,87.5,75.0,75.0,50.0,50.0,62.5,37.5,37.5,37.5,50.0,50.0,75.0,75.0,75.0,100.0,100.0,100.0,100.0,75.0,62.5,37.5,12.5,12.5,12.5,12.5,12.5,37.5,50.0,62.5,87.5,87.5,75.0,75.0,75.0,75.0,75.0,87.5,62.5,50.0,37.5,37.5,37.5,25.0],"assessmentRisk":[null,null,null,0.009,38.1994,5.9404,35.6853,5.9254,5.4762,24.0403,41.2525,15.1053,21.6649,56.9449,1.3246,25.5433,20.5529,7.8275,7.7279,9.8599,14.0668,21.0458,25.9822,13.8776,21.5022,13.9863,26.0855,19.1538,43.4824,28.4864,29.9342,33.5921,11.3896,11.0623,24.3949,31.3426,7.6693,39.9107,11.2508,12.6856,9.0038,13.3396,24.5923,4.3715,21.0021,11.2191,35.6855,46.7418,30.2706,46.0316,25.5394,28.7653],"volumeParticipation":true,"latest":{"consensus":6.8,"control":3.3,"force":1.2,"direction":16.5,"confirmation":17.9,"persistence":25.0,"assessmentRisk":28.8,"intensity":15.4,"evidenceDepth":100},"analysis":{"status":"Price structure has stronger support","headline":"The gauges support the price-technical view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the upward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"positive","supportedView":"Price structure","direction":"upward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Broadly stable","forceState":"Commitment is limited","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+6.8","detail":"Price structure has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+3.3","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+1.2","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+16.5","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"18/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"57.7","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"3.6%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"27.6","detail":"Directional","tone":"positive"},{"label":"Range position","value":"72%","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 upward.","series":[{"label":"Close","values":[8.633,8.521,8.543,8.867,8.997,8.96,9.205,9.024,9.179,9.402,9.425,9.204,9.358,9.036,9.236,9.31,9.148,9.229,9.237,9.593,9.894,10.082,10.108,10.15,10.264,10.38,10.65,10.722,10.044,10.1,9.848,9.728,9.889,10.488,11.016,11.006,10.98,11.778,11.504,11.73,12.11,11.702,12.096,12.638,12.248,12.25,12.068,11.376,11.554,11.394,11.652,11.826,11.82],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,8.7119,8.757,8.8385,8.8722,8.928,9.0142,9.0889,9.1098,9.1549,9.1333,9.152,9.1807,9.1748,9.1846,9.1941,9.2667,9.3807,9.5082,9.6173,9.7141,9.8141,9.917,10.0503,10.1724,10.1491,10.1401,10.087,10.0217,9.9976,10.0868,10.2557,10.3921,10.499,10.7316,10.872,11.028,11.2247,11.3115,11.4541,11.6694,11.7746,11.861,11.8987,11.8036,11.7582,11.692,11.6847,11.7104,11.7303],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,8.9282,8.9362,8.9584,8.9845,8.9966,9.0138,9.0303,9.072,9.1329,9.2032,9.2702,9.3354,9.4042,9.4765,9.5634,9.6492,9.6785,9.7097,9.7199,9.7205,9.733,9.7889,9.8798,9.9632,10.0386,10.1674,10.2664,10.3748,10.5034,10.5921,10.7035,10.8468,10.9506,11.0469,11.1225,11.1413,11.1719,11.1883,11.2227,11.2674,11.3083],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,9.493,9.582,9.5885,9.6248,9.6038,9.608,9.6222,9.6124,9.6117,9.6112,9.6697,9.7867,9.9106,10.0074,10.1264,10.2586,10.3915,10.5786,10.7416,10.77,10.8063,10.8167,10.8093,10.8149,10.8555,11.0084,11.1331,11.2034,11.4562,11.5758,11.7528,12.0089,12.1412,12.3327,12.6192,12.7814,12.9246,13.0263,13.0472,13.0431,13.0174,12.9548,12.8365,12.6765],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,8.3732,8.3737,8.4049,8.4242,8.4468,8.4707,8.4903,8.5109,8.5302,8.5482,8.541,8.5501,8.5823,8.642,8.6513,8.6458,8.6549,8.6123,8.6191,8.6772,8.7107,8.7426,8.8024,8.8499,8.9545,8.9796,9.0245,9.1374,9.1395,9.2466,9.2833,9.2488,9.2785,9.2858,9.2481,9.2843,9.3281,9.3682,9.4127,9.5678,9.7229,9.9659,10.294,10.6471],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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","2026-08-21"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,610.1049,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,16.0529,0.0,0.0,0.0,108.5908,85.4847,0.0,0.0,0.0,66.5115,15.0811,1523.6611,1206.788,1084.7091,100.2492,437.9281,118.5951,73.9729,319.7131,0.7258,0.8718,41.8528,79.084,184.7764,119.7505,0.0,0.1182,2.101,48.3304,2.15,192.031,0.0,454.5481,236.3683,63.0765,840.4278,259.6289],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,65.0,65.0,65.0,65.0,65.0,65.0,65.0,65.0,65.0,65.0,65.0,65.0,65.0,68.7009,71.7443,71.7443,71.7443,71.7443,74.1791,74.6235,107.353,65.0,135.0,128.7872,94.0385,104.042,110.5212,135.0,134.9396,134.8671,135.0,128.6296,135.0,135.0,135.0,135.0,135.0,132.1369,132.2638,119.7347,119.7347,135.0,124.8611,127.5931,135.0,126.9143],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-08-21"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,1.8931,1.8768,1.8263,1.8704,1.8686,1.7684,1.8529,1.8855,1.9024,1.9188,1.9503,2.0783,2.1079,2.0888,2.1264,2.59,2.7007,3.0347,3.1941,3.2304,3.2363,3.2528,3.1374,3.0334,3.1135,3.2232,3.2166,3.1633,3.2888,3.1871,3.1513,3.3144,3.1098,3.0662,3.5415,3.5371,3.7945,3.6759,3.5601,3.5673],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,12.5358,13.4587,13.1557,13.3037,12.8193,12.5822,12.4995,12.1565,11.9223,11.7077,12.3951,13.4879,14.3648,14.6423,15.7102,17.0633,18.2346,20.493,21.9269,21.5239,21.4741,21.2076,20.4664,19.9855,19.1917,20.3007,20.9212,20.3144,22.4971,22.372,23.4784,25.9673,26.7293,28.1887,30.8323,31.6977,32.3237,32.6698,32.3644,30.7394,28.9754,26.0808,21.9833,17.4029],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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","2026-08-21"]},{"key":"impulse","eyebrow":"Price 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}