{"schema_version":"1.0","name":"QUS5 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"8177e59e-bbd8-4a77-88fb-e271e3beba98","symbol":"QUS5","name":"State Street SPDR ETFs Europe I plc - SPDR S&P 500 Quality Aristocrats UCITS ETF USD Unh (Acc)","exchange":"GER","country":"DE","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Price structure and the underlying tape currently point in the same direction.","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, Activity pressure and cumulative balance, Range position and boundary pressure, Range pressure and compression, Directional strength and control."},{"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":89,"displayedObservations":89,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Price structure and the underlying tape currently point in the same direction.","evidenceAlignment":{"status":"Evidence aligned","headline":"Upward price structure is supported by Market Dynamics","summary":"Price structure and the underlying tape currently point in the same direction.","take":"The advance is confirmed on the completed evidence, while extension and reversal risk still require monitoring.","tone":"positive","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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","2026-08-21"],"values":[0.359379,0.52671,0.553049,0.650775,0.712952,0.747535,0.836141,1.090325,1.328215,1.613755,1.892788,2.025332,2.238523,2.334123,2.381347,2.402206,2.371779,2.405308,2.451898,1.943149,1.49602,0.894861,0.435113,0.526284,0.443604,0.431411,0.287184,0.049959,0.122941,0.220328,0.099992,0.005705,-0.402579,-0.828809,-1.039724,-1.202213,-1.252983,-1.262566,-1.269741,-1.242026,-1.251288,-1.187723,-0.884869,-0.499197,0.033785,0.455142,0.778301,0.939357,1.028553,1.093844,0.946308,0.868738,0.780654,0.853921,1.009102,1.180382,1.305599,1.28351,1.393023,1.393738,1.207856],"opens":[8.97,9.125,9.259,9.231,9.349,9.429,9.413,9.571,9.583,9.595,9.592,9.679,9.816,9.853,9.848,9.959,9.895,9.956,10.204,10.146,10.008,10.036,10.022,10.178,10.254,10.16,10.182,10.262,10.178,10.26,10.208,10.052,10.048,10.082,9.909,9.966,9.947,9.87,10.014,9.62,9.446,9.721,9.776,10.198,10.246,10.284,10.386,10.646,10.944,10.876,10.728,10.932,10.894,11.27,11.26,11.312,11.292,11.28,11.264,11.548,11.478],"highs":[9.147,9.26,9.335,9.395,9.383,9.699,9.59,9.644,9.603,9.685,9.749,9.861,9.852,9.864,9.95,10.072,9.991,10.122,10.402,10.202,10.184,10.086,10.256,10.246,10.264,10.16,10.2,10.264,10.342,10.344,10.208,10.242,10.262,10.082,10.036,10.072,10.186,10.11,10.038,9.873,9.702,9.894,10.186,10.268,10.272,10.422,10.7,10.86,10.944,10.924,10.81,10.954,10.92,11.27,11.326,11.346,11.336,11.358,11.608,11.624,11.484],"lows":[8.97,9.113,9.234,9.189,9.269,9.416,9.404,9.543,9.533,9.575,9.496,9.666,9.673,9.772,9.737,9.852,9.657,9.93,10.136,9.857,9.878,9.797,9.978,10.134,10.128,10.016,10.122,10.094,10.126,10.17,9.947,9.994,9.933,9.876,9.864,9.901,9.942,9.87,9.683,9.459,9.446,9.619,9.763,10.158,10.196,10.27,10.376,10.614,10.786,10.876,10.728,10.89,10.824,11.226,11.26,11.284,11.076,11.09,11.264,11.482,11.254],"closes":[9.147,9.199,9.247,9.328,9.368,9.416,9.499,9.565,9.601,9.58,9.64,9.803,9.821,9.799,9.925,9.852,9.848,10.064,10.136,9.857,9.994,9.944,10.212,10.246,10.13,10.144,10.194,10.118,10.342,10.32,10.12,10.076,10.056,9.91,10.01,9.984,10.12,9.97,9.683,9.459,9.653,9.817,10.186,10.228,10.234,10.394,10.696,10.854,10.892,10.896,10.81,10.912,10.92,11.25,11.302,11.298,11.222,11.146,11.53,11.506,11.35],"hoverRows":[[{"label":"Open","value":"8.97","className":"is-ohlc","compact":true},{"label":"High","value":"9.15","className":"is-ohlc","compact":true},{"label":"Low","value":"8.97","className":"is-ohlc","compact":true},{"label":"Close","value":"9.15","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.36","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.12","className":"is-ohlc","compact":true},{"label":"High","value":"9.26","className":"is-ohlc","compact":true},{"label":"Low","value":"9.11","className":"is-ohlc","compact":true},{"label":"Close","value":"9.20","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.53","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.26","className":"is-ohlc","compact":true},{"label":"High","value":"9.34","className":"is-ohlc","compact":true},{"label":"Low","value":"9.23","className":"is-ohlc","compact":true},{"label":"Close","value":"9.25","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.55","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.23","className":"is-ohlc","compact":true},{"label":"High","value":"9.39","className":"is-ohlc","compact":true},{"label":"Low","value":"9.19","className":"is-ohlc","compact":true},{"label":"Close","value":"9.33","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.65","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.35","className":"is-ohlc","compact":true},{"label":"High","value":"9.38","className":"is-ohlc","compact":true},{"label":"Low","value":"9.27","className":"is-ohlc","compact":true},{"label":"Close","value":"9.37","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.71","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.43","className":"is-ohlc","compact":true},{"label":"High","value":"9.70","className":"is-ohlc","compact":true},{"label":"Low","value":"9.42","className":"is-ohlc","compact":true},{"label":"Close","value":"9.42","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.75","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.41","className":"is-ohlc","compact":true},{"label":"High","value":"9.59","className":"is-ohlc","compact":true},{"label":"Low","value":"9.40","className":"is-ohlc","compact":true},{"label":"Close","value":"9.50","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.84","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.57","className":"is-ohlc","compact":true},{"label":"High","value":"9.64","className":"is-ohlc","compact":true},{"label":"Low","value":"9.54","className":"is-ohlc","compact":true},{"label":"Close","value":"9.56","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.09","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"9.58","className":"is-ohlc","compact":true},{"label":"High","value":"9.60","className":"is-ohlc","compact":true},{"label":"Low","value":"9.53","className":"is-ohlc","compact":true},{"label":"Close","value":"9.60","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.33","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.60","className":"is-ohlc","compact":true},{"label":"High","value":"9.69","className":"is-ohlc","compact":true},{"label":"Low","value":"9.57","className":"is-ohlc","compact":true},{"label":"Close","value":"9.58","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.61","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.59","className":"is-ohlc","compact":true},{"label":"High","value":"9.75","className":"is-ohlc","compact":true},{"label":"Low","value":"9.50","className":"is-ohlc","compact":true},{"label":"Close","value":"9.64","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.89","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.68","className":"is-ohlc","compact":true},{"label":"High","value":"9.86","className":"is-ohlc","compact":true},{"label":"Low","value":"9.67","className":"is-ohlc","compact":true},{"label":"Close","value":"9.80","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"2.03","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.82","className":"is-ohlc","compact":true},{"label":"High","value":"9.85","className":"is-ohlc","compact":true},{"label":"Low","value":"9.67","className":"is-ohlc","compact":true},{"label":"Close","value":"9.82","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"2.24","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.85","className":"is-ohlc","compact":true},{"label":"High","value":"9.86","className":"is-ohlc","compact":true},{"label":"Low","value":"9.77","className":"is-ohlc","compact":true},{"label":"Close","value":"9.80","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"2.33","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.85","className":"is-ohlc","compact":true},{"label":"High","value":"9.95","className":"is-ohlc","compact":true},{"label":"Low","value":"9.74","className":"is-ohlc","compact":true},{"label":"Close","value":"9.93","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"2.38","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.96","className":"is-ohlc","compact":true},{"label":"High","value":"10.1","className":"is-ohlc","compact":true},{"label":"Low","value":"9.85","className":"is-ohlc","compact":true},{"label":"Close","value":"9.85","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"2.40","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.89","className":"is-ohlc","compact":true},{"label":"High","value":"9.99","className":"is-ohlc","compact":true},{"label":"Low","value":"9.66","className":"is-ohlc","compact":true},{"label":"Close","value":"9.85","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"2.37","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.96","className":"is-ohlc","compact":true},{"label":"High","value":"10.1","className":"is-ohlc","compact":true},{"label":"Low","value":"9.93","className":"is-ohlc","compact":true},{"label":"Close","value":"10.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"2.41","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.2","className":"is-ohlc","compact":true},{"label":"High","value":"10.4","className":"is-ohlc","compact":true},{"label":"Low","value":"10.1","className":"is-ohlc","compact":true},{"label":"Close","value":"10.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"2.45","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.1","className":"is-ohlc","compact":true},{"label":"High","value":"10.2","className":"is-ohlc","compact":true},{"label":"Low","value":"9.86","className":"is-ohlc","compact":true},{"label":"Close","value":"9.86","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.94","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.0","className":"is-ohlc","compact":true},{"label":"High","value":"10.2","className":"is-ohlc","compact":true},{"label":"Low","value":"9.88","className":"is-ohlc","compact":true},{"label":"Close","value":"9.99","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.50","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.0","className":"is-ohlc","compact":true},{"label":"High","value":"10.1","className":"is-ohlc","compact":true},{"label":"Low","value":"9.80","className":"is-ohlc","compact":true},{"label":"Close","value":"9.94","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.89","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.0","className":"is-ohlc","compact":true},{"label":"High","value":"10.3","className":"is-ohlc","compact":true},{"label":"Low","value":"9.98","className":"is-ohlc","compact":true},{"label":"Close","value":"10.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.44","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.2","className":"is-ohlc","compact":true},{"label":"High","value":"10.2","className":"is-ohlc","compact":true},{"label":"Low","value":"10.1","className":"is-ohlc","compact":true},{"label":"Close","value":"10.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.53","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.3","className":"is-ohlc","compact":true},{"label":"High","value":"10.3","className":"is-ohlc","compact":true},{"label":"Low","value":"10.1","className":"is-ohlc","compact":true},{"label":"Close","value":"10.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.44","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.2","className":"is-ohlc","compact":true},{"label":"High","value":"10.2","className":"is-ohlc","compact":true},{"label":"Low","value":"10.0","className":"is-ohlc","compact":true},{"label":"Close","value":"10.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.43","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.2","className":"is-ohlc","compact":true},{"label":"High","value":"10.2","className":"is-ohlc","compact":true},{"label":"Low","value":"10.1","className":"is-ohlc","compact":true},{"label":"Close","value":"10.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.29","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.3","className":"is-ohlc","compact":true},{"label":"High","value":"10.3","className":"is-ohlc","compact":true},{"label":"Low","value":"10.1","className":"is-ohlc","compact":true},{"label":"Close","value":"10.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.05","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.2","className":"is-ohlc","compact":true},{"label":"High","value":"10.3","className":"is-ohlc","compact":true},{"label":"Low","value":"10.1","className":"is-ohlc","compact":true},{"label":"Close","value":"10.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.12","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"10.3","className":"is-ohlc","compact":true},{"label":"High","value":"10.3","className":"is-ohlc","compact":true},{"label":"Low","value":"10.2","className":"is-ohlc","compact":true},{"label":"Close","value":"10.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.22","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"10.2","className":"is-ohlc","compact":true},{"label":"High","value":"10.2","className":"is-ohlc","compact":true},{"label":"Low","value":"9.95","className":"is-ohlc","compact":true},{"label":"Close","value":"10.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.10","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.1","className":"is-ohlc","compact":true},{"label":"High","value":"10.2","className":"is-ohlc","compact":true},{"label":"Low","value":"9.99","className":"is-ohlc","compact":true},{"label":"Close","value":"10.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.01","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.0","className":"is-ohlc","compact":true},{"label":"High","value":"10.3","className":"is-ohlc","compact":true},{"label":"Low","value":"9.93","className":"is-ohlc","compact":true},{"label":"Close","value":"10.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.40","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.1","className":"is-ohlc","compact":true},{"label":"High","value":"10.1","className":"is-ohlc","compact":true},{"label":"Low","value":"9.88","className":"is-ohlc","compact":true},{"label":"Close","value":"9.91","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.83","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.91","className":"is-ohlc","compact":true},{"label":"High","value":"10.0","className":"is-ohlc","compact":true},{"label":"Low","value":"9.86","className":"is-ohlc","compact":true},{"label":"Close","value":"10.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.04","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.97","className":"is-ohlc","compact":true},{"label":"High","value":"10.1","className":"is-ohlc","compact":true},{"label":"Low","value":"9.90","className":"is-ohlc","compact":true},{"label":"Close","value":"9.98","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.20","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.95","className":"is-ohlc","compact":true},{"label":"High","value":"10.2","className":"is-ohlc","compact":true},{"label":"Low","value":"9.94","className":"is-ohlc","compact":true},{"label":"Close","value":"10.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.25","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.87","className":"is-ohlc","compact":true},{"label":"High","value":"10.1","className":"is-ohlc","compact":true},{"label":"Low","value":"9.87","className":"is-ohlc","compact":true},{"label":"Close","value":"9.97","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.26","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.0","className":"is-ohlc","compact":true},{"label":"High","value":"10.0","className":"is-ohlc","compact":true},{"label":"Low","value":"9.68","className":"is-ohlc","compact":true},{"label":"Close","value":"9.68","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.27","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.62","className":"is-ohlc","compact":true},{"label":"High","value":"9.87","className":"is-ohlc","compact":true},{"label":"Low","value":"9.46","className":"is-ohlc","compact":true},{"label":"Close","value":"9.46","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.24","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.45","className":"is-ohlc","compact":true},{"label":"High","value":"9.70","className":"is-ohlc","compact":true},{"label":"Low","value":"9.45","className":"is-ohlc","compact":true},{"label":"Close","value":"9.65","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.25","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.72","className":"is-ohlc","compact":true},{"label":"High","value":"9.89","className":"is-ohlc","compact":true},{"label":"Low","value":"9.62","className":"is-ohlc","compact":true},{"label":"Close","value":"9.82","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.19","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.78","className":"is-ohlc","compact":true},{"label":"High","value":"10.2","className":"is-ohlc","compact":true},{"label":"Low","value":"9.76","className":"is-ohlc","compact":true},{"label":"Close","value":"10.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.88","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.2","className":"is-ohlc","compact":true},{"label":"High","value":"10.3","className":"is-ohlc","compact":true},{"label":"Low","value":"10.2","className":"is-ohlc","compact":true},{"label":"Close","value":"10.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.50","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.2","className":"is-ohlc","compact":true},{"label":"High","value":"10.3","className":"is-ohlc","compact":true},{"label":"Low","value":"10.2","className":"is-ohlc","compact":true},{"label":"Close","value":"10.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.03","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"10.3","className":"is-ohlc","compact":true},{"label":"High","value":"10.4","className":"is-ohlc","compact":true},{"label":"Low","value":"10.3","className":"is-ohlc","compact":true},{"label":"Close","value":"10.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.46","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"10.4","className":"is-ohlc","compact":true},{"label":"High","value":"10.7","className":"is-ohlc","compact":true},{"label":"Low","value":"10.4","className":"is-ohlc","compact":true},{"label":"Close","value":"10.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.78","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.6","className":"is-ohlc","compact":true},{"label":"High","value":"10.9","className":"is-ohlc","compact":true},{"label":"Low","value":"10.6","className":"is-ohlc","compact":true},{"label":"Close","value":"10.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.94","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.9","className":"is-ohlc","compact":true},{"label":"High","value":"10.9","className":"is-ohlc","compact":true},{"label":"Low","value":"10.8","className":"is-ohlc","compact":true},{"label":"Close","value":"10.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.03","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.9","className":"is-ohlc","compact":true},{"label":"High","value":"10.9","className":"is-ohlc","compact":true},{"label":"Low","value":"10.9","className":"is-ohlc","compact":true},{"label":"Close","value":"10.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.09","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.7","className":"is-ohlc","compact":true},{"label":"High","value":"10.8","className":"is-ohlc","compact":true},{"label":"Low","value":"10.7","className":"is-ohlc","compact":true},{"label":"Close","value":"10.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.95","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.9","className":"is-ohlc","compact":true},{"label":"High","value":"11.0","className":"is-ohlc","compact":true},{"label":"Low","value":"10.9","className":"is-ohlc","compact":true},{"label":"Close","value":"10.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.87","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.9","className":"is-ohlc","compact":true},{"label":"High","value":"10.9","className":"is-ohlc","compact":true},{"label":"Low","value":"10.8","className":"is-ohlc","compact":true},{"label":"Close","value":"10.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.78","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"11.3","className":"is-ohlc","compact":true},{"label":"High","value":"11.3","className":"is-ohlc","compact":true},{"label":"Low","value":"11.2","className":"is-ohlc","compact":true},{"label":"Close","value":"11.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.85","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"11.3","className":"is-ohlc","compact":true},{"label":"High","value":"11.3","className":"is-ohlc","compact":true},{"label":"Low","value":"11.3","className":"is-ohlc","compact":true},{"label":"Close","value":"11.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.01","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.3","className":"is-ohlc","compact":true},{"label":"High","value":"11.3","className":"is-ohlc","compact":true},{"label":"Low","value":"11.3","className":"is-ohlc","compact":true},{"label":"Close","value":"11.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.18","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.3","className":"is-ohlc","compact":true},{"label":"High","value":"11.3","className":"is-ohlc","compact":true},{"label":"Low","value":"11.1","className":"is-ohlc","compact":true},{"label":"Close","value":"11.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.31","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.3","className":"is-ohlc","compact":true},{"label":"High","value":"11.4","className":"is-ohlc","compact":true},{"label":"Low","value":"11.1","className":"is-ohlc","compact":true},{"label":"Close","value":"11.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.28","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.3","className":"is-ohlc","compact":true},{"label":"High","value":"11.6","className":"is-ohlc","compact":true},{"label":"Low","value":"11.3","className":"is-ohlc","compact":true},{"label":"Close","value":"11.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.39","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.5","className":"is-ohlc","compact":true},{"label":"High","value":"11.6","className":"is-ohlc","compact":true},{"label":"Low","value":"11.5","className":"is-ohlc","compact":true},{"label":"Close","value":"11.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.39","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.5","className":"is-ohlc","compact":true},{"label":"High","value":"11.5","className":"is-ohlc","compact":true},{"label":"Low","value":"11.3","className":"is-ohlc","compact":true},{"label":"Close","value":"11.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.21","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.795164,2.795164],"priceRange":[9.00402,11.67298],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":1.207856,"state":"Positive and broadly steady","context":{"scenario":"positiveSteady","latestDirection":"easing","fourWeekDirection":"steady","now":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"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":"Extended but supported","detail":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","tone":"caution"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","annotations":[{"label":"Current tape relationship","value":"Extended but supported","detail":"Market Dynamics eased this week but remains positive.","tone":"caution"},{"label":"Price location","value":"Distribution zone","detail":"Price is extended; support can persist, but rollover risk must be monitored.","tone":"caution"},{"label":"Latest positioning marker","value":"1 May 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Supported","detail":"The broader path has not changed enough to establish a new direction.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":61,"relationship":{"sameWeekCorrelation":0.32,"forwardCorrelation":-0.01,"directionalAgreement":67.9,"sample":56,"correlationSample":60,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":7.0,"medianWeeksInZone":7.0,"averageWeeksToHigher":2.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":3.8,"averageReturn":3.8,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":9.5,"averageReturn":9.5,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":11.4,"averageReturn":11.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.9,"sample":2},{"week":2,"averageReturn":0.4,"sample":2},{"week":3,"averageReturn":1.7,"sample":2},{"week":4,"averageReturn":3.8,"sample":2},{"week":5,"averageReturn":4.3,"sample":2},{"week":6,"averageReturn":4.8,"sample":2},{"week":7,"averageReturn":6.0,"sample":2},{"week":8,"averageReturn":7.7,"sample":2},{"week":9,"averageReturn":8.4,"sample":2},{"week":10,"averageReturn":8.9,"sample":2},{"week":11,"averageReturn":9.8,"sample":2},{"week":12,"averageReturn":9.5,"sample":2},{"week":13,"averageReturn":9.9,"sample":2},{"week":14,"averageReturn":10.6,"sample":2},{"week":15,"averageReturn":11.9,"sample":2},{"week":16,"averageReturn":12.2,"sample":2},{"week":17,"averageReturn":13.4,"sample":2},{"week":18,"averageReturn":13.4,"sample":2},{"week":19,"averageReturn":11.4,"sample":2},{"week":20,"averageReturn":14.2,"sample":2},{"week":21,"averageReturn":13.8,"sample":2},{"week":22,"averageReturn":14.4,"sample":2},{"week":23,"averageReturn":12.0,"sample":1},{"week":24,"averageReturn":10.7,"sample":1},{"week":25,"averageReturn":10.9,"sample":1},{"week":26,"averageReturn":11.4,"sample":1}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"averageWeeksToLower":3.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-0.9,"averageReturn":-0.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"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,"averageReturn":0.5,"sample":1},{"week":2,"averageReturn":0.4,"sample":1},{"week":3,"averageReturn":-0.2,"sample":1},{"week":4,"averageReturn":-0.9,"sample":1},{"week":5,"averageReturn":2.5,"sample":1},{"week":6,"averageReturn":2.3,"sample":1},{"week":7,"averageReturn":0.9,"sample":1},{"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}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":5,"completedEpisodes":4,"activeEpisodes":1,"medianExpectedMove":3.6,"averageExpectedMove":4.5,"averageWeeksToLargestMove":6.8,"horizons":[{"weeks":4,"sample":4,"expectedCount":2,"expectedPercent":50.0,"averageReturn":1.5,"medianReturn":1.2,"confidenceLow":15.0,"confidenceHigh":85.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":4,"expectedCount":2,"expectedPercent":50.0,"averageReturn":1.5,"medianReturn":1.6,"confidenceLow":15.0,"confidenceHigh":85.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":8.0,"medianReturn":8.0,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.4,"sample":5},{"week":2,"averageReturn":0.3,"sample":5},{"week":3,"averageReturn":1.2,"sample":4},{"week":4,"averageReturn":1.5,"sample":4},{"week":5,"averageReturn":0.9,"sample":4},{"week":6,"averageReturn":1.6,"sample":4},{"week":7,"averageReturn":2.2,"sample":4},{"week":8,"averageReturn":2.1,"sample":4},{"week":9,"averageReturn":2.4,"sample":4},{"week":10,"averageReturn":2.1,"sample":4},{"week":11,"averageReturn":1.0,"sample":4},{"week":12,"averageReturn":1.5,"sample":4},{"week":13,"averageReturn":2.3,"sample":4},{"week":14,"averageReturn":4.6,"sample":4},{"week":15,"averageReturn":3.5,"sample":4},{"week":16,"averageReturn":2.8,"sample":4},{"week":17,"averageReturn":-0.2,"sample":3},{"week":18,"averageReturn":2.3,"sample":3},{"week":19,"averageReturn":3.5,"sample":3},{"week":20,"averageReturn":4.4,"sample":3},{"week":21,"averageReturn":4.6,"sample":3},{"week":22,"averageReturn":4.5,"sample":3},{"week":23,"averageReturn":5.1,"sample":3},{"week":24,"averageReturn":6.9,"sample":3},{"week":25,"averageReturn":8.4,"sample":3},{"week":26,"averageReturn":8.0,"sample":3}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":4.1,"averageExpectedMove":4.1,"averageWeeksToLargestMove":4.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":2.9,"medianReturn":2.9,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":6.7,"medianReturn":6.7,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":14.7,"medianReturn":14.7,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.9,"sample":2},{"week":2,"averageReturn":-0.4,"sample":2},{"week":3,"averageReturn":0.3,"sample":2},{"week":4,"averageReturn":2.9,"sample":2},{"week":5,"averageReturn":2.4,"sample":2},{"week":6,"averageReturn":1.0,"sample":2},{"week":7,"averageReturn":0.7,"sample":2},{"week":8,"averageReturn":3.2,"sample":2},{"week":9,"averageReturn":4.9,"sample":2},{"week":10,"averageReturn":6.9,"sample":2},{"week":11,"averageReturn":7.1,"sample":2},{"week":12,"averageReturn":6.7,"sample":2},{"week":13,"averageReturn":8.0,"sample":2},{"week":14,"averageReturn":9.6,"sample":2},{"week":15,"averageReturn":12.1,"sample":2},{"week":16,"averageReturn":12.5,"sample":2},{"week":17,"averageReturn":12.5,"sample":2},{"week":18,"averageReturn":11.7,"sample":2},{"week":19,"averageReturn":11.8,"sample":2},{"week":20,"averageReturn":13.8,"sample":2},{"week":21,"averageReturn":15.4,"sample":2},{"week":22,"averageReturn":14.8,"sample":2},{"week":23,"averageReturn":12.4,"sample":1},{"week":24,"averageReturn":11.6,"sample":1},{"week":25,"averageReturn":10.8,"sample":1},{"week":26,"averageReturn":14.7,"sample":1}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":3.5,"averageExpectedMove":3.5,"averageWeeksToLargestMove":2.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":0.2,"medianReturn":0.2,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":9.3,"medianReturn":9.3,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.5,"sample":2},{"week":2,"averageReturn":-1.9,"sample":2},{"week":3,"averageReturn":-2.2,"sample":2},{"week":4,"averageReturn":0.2,"sample":2},{"week":5,"averageReturn":1.8,"sample":2},{"week":6,"averageReturn":3.8,"sample":2},{"week":7,"averageReturn":4.0,"sample":2},{"week":8,"averageReturn":3.6,"sample":2},{"week":9,"averageReturn":4.9,"sample":2},{"week":10,"averageReturn":6.4,"sample":2},{"week":11,"averageReturn":8.8,"sample":2},{"week":12,"averageReturn":9.3,"sample":2},{"week":13,"averageReturn":9.3,"sample":2},{"week":14,"averageReturn":8.5,"sample":2},{"week":15,"averageReturn":8.6,"sample":2},{"week":16,"averageReturn":10.5,"sample":2},{"week":17,"averageReturn":12.1,"sample":2},{"week":18,"averageReturn":11.6,"sample":2},{"week":19,"averageReturn":11.6,"sample":1},{"week":20,"averageReturn":10.9,"sample":1},{"week":21,"averageReturn":10.1,"sample":1},{"week":22,"averageReturn":13.9,"sample":1},{"week":23,"averageReturn":13.7,"sample":1},{"week":24,"averageReturn":12.2,"sample":1},{"week":25,"sample":0},{"week":26,"sample":0}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":4,"completedEpisodes":3,"activeEpisodes":1,"medianExpectedMove":1.5,"averageExpectedMove":2.0,"averageWeeksToLargestMove":7.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":1,"expectedPercent":33.3,"averageReturn":0.1,"medianReturn":-0.7,"confidenceLow":6.1,"confidenceHigh":79.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":1,"expectedPercent":33.3,"averageReturn":-1.6,"medianReturn":-0.3,"confidenceLow":6.1,"confidenceHigh":79.2,"confidence":"Mixed historical record"},{"weeks":26,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":9.1,"medianReturn":9.2,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.2,"sample":4},{"week":2,"averageReturn":1.8,"sample":4},{"week":3,"averageReturn":0.7,"sample":4},{"week":4,"averageReturn":0.1,"sample":3},{"week":5,"averageReturn":0.0,"sample":3},{"week":6,"averageReturn":0.1,"sample":3},{"week":7,"averageReturn":-0.1,"sample":3},{"week":8,"averageReturn":-0.8,"sample":3},{"week":9,"averageReturn":-2.3,"sample":3},{"week":10,"averageReturn":-1.3,"sample":3},{"week":11,"averageReturn":-1.4,"sample":3},{"week":12,"averageReturn":-1.6,"sample":3},{"week":13,"averageReturn":-1.8,"sample":3},{"week":14,"averageReturn":-1.3,"sample":3},{"week":15,"averageReturn":0.3,"sample":3},{"week":16,"averageReturn":2.0,"sample":3},{"week":17,"averageReturn":1.7,"sample":3},{"week":18,"averageReturn":1.0,"sample":3},{"week":19,"averageReturn":2.2,"sample":3},{"week":20,"averageReturn":3.5,"sample":3},{"week":21,"averageReturn":5.6,"sample":3},{"week":22,"averageReturn":5.9,"sample":3},{"week":23,"averageReturn":7.0,"sample":3},{"week":24,"averageReturn":7.4,"sample":3},{"week":25,"averageReturn":8.7,"sample":3},{"week":26,"averageReturn":9.1,"sample":3}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":5.7,"averageExpectedMove":5.7,"averageWeeksToLargestMove":6.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":1.0,"medianReturn":1.0,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":0.3,"medianReturn":0.3,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":9.3,"medianReturn":9.3,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.3,"sample":2},{"week":2,"averageReturn":1.1,"sample":2},{"week":3,"averageReturn":1.1,"sample":2},{"week":4,"averageReturn":1.0,"sample":2},{"week":5,"averageReturn":-0.1,"sample":2},{"week":6,"averageReturn":0.9,"sample":2},{"week":7,"averageReturn":0.8,"sample":2},{"week":8,"averageReturn":3.0,"sample":2},{"week":9,"averageReturn":2.6,"sample":2},{"week":10,"averageReturn":1.2,"sample":2},{"week":11,"averageReturn":-0.3,"sample":2},{"week":12,"averageReturn":0.3,"sample":2},{"week":13,"averageReturn":2.9,"sample":2},{"week":14,"averageReturn":4.6,"sample":2},{"week":15,"averageReturn":4.0,"sample":2},{"week":16,"averageReturn":-1.0,"sample":1},{"week":17,"averageReturn":0.5,"sample":1},{"week":18,"averageReturn":3.4,"sample":1},{"week":19,"averageReturn":5.0,"sample":1},{"week":20,"averageReturn":5.3,"sample":1},{"week":21,"averageReturn":5.4,"sample":1},{"week":22,"averageReturn":4.5,"sample":1},{"week":23,"averageReturn":5.5,"sample":1},{"week":24,"averageReturn":5.6,"sample":1},{"week":25,"averageReturn":8.8,"sample":1},{"week":26,"averageReturn":9.3,"sample":1}]},"currentApplication":{"status":"Evidence aligned","tone":"positive","headline":"Price and Market Dynamics remain aligned upward","use":"The advance retains underlying support while price structure and Market Dynamics remain intact.","confirm":"The advance is confirmed on the completed evidence, while extension and reversal risk still require monitoring.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"weakening","zone":"distribution","zoneContext":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":50.0,"averageReturn":1.5,"sample":4},"nowContext":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeekContext":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"priceContext":{"label":"Price structure is upward","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":"Trend participation","title":"Let confirmation support the position, then manage extension","tone":"positive","approach":"This is most useful for holding or selectively adding to an established upward case. Risk should still tighten as price becomes extended; confirmation is support, not immunity from reversal.","finding":"In this ticker's completed record, 50.0% of comparable cases moved higher after 12 weeks, with an average move of 1.5% across 4 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 2.0% across 3 completed cases, with the largest move arriving after 7.0 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":"2025-08-15","price":9.565},{"date":"2026-05-01","price":10.234}],"reversal_warnings":[{"date":"2026-01-09","price":10.342},{"date":"2026-05-08","price":10.394}],"reversal_dangers":[{"date":"2026-01-16","price":10.32},{"date":"2026-06-26","price":10.92},{"date":"2026-07-03","price":11.25}]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[9.623,9.591,9.616,9.686,9.56,9.832,9.786,9.915,9.946,9.992,10.01,9.699,9.104,8.894,8.958,8.853,8.165,8.008,8.022,8.378,8.714,8.779,9.286,8.979,9.112,9.289,9.099,8.977,9.147,9.199,9.247,9.328,9.368,9.416,9.499,9.565,9.601,9.58,9.64,9.803,9.821,9.799,9.925,9.852,9.848,10.064,10.136,9.857,9.994,9.944,10.212,10.246,10.13,10.144,10.194,10.118,10.342,10.32,10.12,10.076,10.056,9.91,10.01,9.984,10.12,9.97,9.683,9.459,9.653,9.817,10.186,10.228,10.234,10.394,10.696,10.854,10.892,10.896,10.81,10.912,10.92,11.25,11.302,11.298,11.222,11.146,11.53,11.506,11.35],"consensus":[57.4713,24.6835,-34.7222,45.9018,-34.2327,56.0222,30.1271,50.7455,45.7977,46.5852,46.553,-54.1072,-79.5141,-79.647,-31.8554,-70.1559,-84.7093,-51.038,-56.6715,0.0,28.9543,15.6439,61.0397,-8.4359,30.898,51.5591,-17.3245,-16.4748,34.7451,19.361,15.9431,39.5733,37.3134,19.3484,37.3511,31.6807,46.5364,15.268,36.0267,61.1876,42.2112,20.8653,62.4113,0.0,16.1729,61.9106,29.4789,-28.9809,34.7292,0.0,52.9568,48.0896,0.0,28.5371,28.8675,-15.2412,63.7501,31.1032,-22.628,-13.9883,-16.8389,-48.4647,0.0,-15.0483,24.0115,-17.2922,-66.0655,-70.2938,0.0,0.0,62.3362,37.9019,29.2577,56.0786,77.3892,67.7809,46.3648,38.9405,39.9508,34.4077,41.5086,55.4831,49.8152,32.634,26.4406,0.0,69.3042,23.5364,5.7505],"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":[3.7528,32.9316,56.4184,42.3631,13.3398,57.727,0.0,14.6996,58.268,12.8801,-31.5376,23.169,0.0,60.5637,53.3256,0.0,29.5784,42.1117,-13.7386,64.9372,34.7338,-16.4808,-9.9323,-7.8489,-46.0538,0.0,-10.613,30.3255,-18.2495,-64.5822,-65.8492,0.0,0.0,58.405,35.7542,24.4067,59.7579,81.0693,75.7123,42.7247,31.7398,47.4502,34.0347,53.9304,56.3054,49.0796,21.1965,19.4413,0.0,74.4386,14.0093,0.6052],"force":[10.3707,26.7608,74.9464,24.0374,10.8541,76.1126,0.0,1.8175,77.4506,23.1427,-82.8369,54.6351,0.0,61.1408,35.1289,0.0,17.9862,17.3253,-41.2064,87.2906,12.2545,-54.9817,-24.5843,-17.2946,-57.0286,0.0,-9.7918,34.7781,-23.7913,-82.5926,-86.0826,0.0,0.0,95.8185,28.9428,12.2277,51.4105,90.7583,55.5417,21.6264,10.2443,10.2019,13.4458,16.2212,37.1523,23.7534,2.0308,9.7205,0.0,74.5511,8.0208,35.8917],"direction":[46.7417,46.1825,56.8104,55.0188,52.1225,57.9781,0.0,30.7069,54.9736,52.9748,-12.4097,33.7223,0.0,38.4175,51.3632,0.0,34.8834,21.9756,-1.5881,45.5788,40.4173,-6.5436,-11.0552,-26.7877,-45.1029,0.0,-23.8719,9.105,-11.5559,-55.9557,-64.0956,0.0,0.0,42.9131,46.7559,46.9659,55.2079,63.6341,67.4588,68.1951,67.667,52.6292,49.8068,45.3745,67.6367,69.2715,67.565,60.2692,0.0,59.6886,56.9654,41.3752],"intensity":[16.2162,10.5263,48.7179,5.0,24.3902,35.7143,32.5581,68.1818,73.3333,73.913,72.3404,37.5,20.4082,66.0,45.098,25.0,23.0769,21.1538,7.6923,65.3846,7.6923,65.3846,9.6154,11.5385,59.6154,25.0,3.8462,46.1538,55.7692,82.6923,73.0769,67.3077,67.3077,96.1538,96.1538,5.7692,59.6154,92.3077,82.6923,63.4615,25.0,55.7692,61.5385,15.3846,100.0,13.4615,3.8462,73.0769,21.1538,96.1538,73.0769,78.8462],"confirmation":[6.4923,79.2933,88.072,80.9514,30.8071,88.4606,10.0345,50.3706,88.3405,77.4931,36.1903,79.8962,26.0679,85.0797,82.9139,32.5155,76.7945,76.684,51.3635,89.0994,77.3233,53.654,72.861,50.8727,83.8064,30.3356,72.7228,75.9156,73.717,89.6673,91.0429,34.181,30.7154,89.0279,79.8883,76.9174,85.7468,93.1159,89.196,82.1383,79.6961,79.7633,78.3773,80.3228,85.1834,83.1578,55.0178,32.206,6.9983,90.259,31.0929,16.3064],"persistence":[100.0,100.0,100.0,100.0,100.0,100.0,87.5,87.5,87.5,87.5,62.5,62.5,50.0,50.0,62.5,50.0,50.0,50.0,50.0,50.0,62.5,37.5,12.5,0.0,25.0,37.5,37.5,37.5,62.5,62.5,62.5,50.0,37.5,25.0,0.0,0.0,25.0,50.0,75.0,87.5,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,87.5,87.5,87.5,75.0],"assessmentRisk":[39.0558,27.9804,19.2915,28.8782,39.561,18.7933,34.4703,12.7212,18.9432,34.8446,16.625,24.5193,36.016,1.2856,25.6135,40.4466,30.4022,20.8965,28.818,12.9177,26.1398,11.6256,6.7897,40.5271,25.6073,37.9428,27.6437,13.7431,32.5654,16.1594,14.7911,48.0876,41.5155,18.3929,31.0318,35.2314,21.7921,10.876,15.9776,26.729,30.0665,7.7827,1.0789,9.6386,21.7235,25.0198,33.5433,35.9946,31.932,10.4589,33.083,31.6353],"volumeParticipation":true,"latest":{"consensus":5.8,"control":0.6,"force":35.9,"direction":41.4,"confirmation":16.3,"persistence":75.0,"assessmentRisk":31.6,"intensity":78.8,"evidenceDepth":100},"analysis":{"status":"Joint upward confirmation","headline":"The gauges support the upward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same upward assessment.","take":"Current assessment: upward pressure has broad support.","tone":"positive","supportedView":"Price structure and Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Established","confirmationState":"Limited support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+5.8","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+0.6","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+35.9","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+41.4","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"16/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"67.3","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"1.9%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"29.8","detail":"Directional","tone":"positive"},{"label":"Range position","value":"87%","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":[9.623,9.591,9.616,9.686,9.56,9.832,9.786,9.915,9.946,9.992,10.01,9.699,9.104,8.894,8.958,8.853,8.165,8.008,8.022,8.378,8.714,8.779,9.286,8.979,9.112,9.289,9.099,8.977,9.147,9.199,9.247,9.328,9.368,9.416,9.499,9.565,9.601,9.58,9.64,9.803,9.821,9.799,9.925,9.852,9.848,10.064,10.136,9.857,9.994,9.944,10.212,10.246,10.13,10.144,10.194,10.118,10.342,10.32,10.12,10.076,10.056,9.91,10.01,9.984,10.12,9.97,9.683,9.459,9.653,9.817,10.186,10.228,10.234,10.394,10.696,10.854,10.892,10.896,10.81,10.912,10.92,11.25,11.302,11.298,11.222,11.146,11.53,11.506,11.35],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,9.6169,9.656,9.6796,9.7224,9.7631,9.8047,9.842,9.816,9.6866,9.5425,9.4362,9.3302,9.1183,8.9164,8.7538,8.6855,8.6907,8.7067,8.8121,8.8424,8.8914,8.9637,8.9883,8.9863,9.0155,9.0488,9.0849,9.1291,9.1725,9.2168,9.2681,9.3221,9.3728,9.4105,9.4522,9.516,9.5714,9.6128,9.6696,9.7027,9.7292,9.79,9.8529,9.8537,9.8792,9.891,9.9493,10.0033,10.0263,10.0477,10.0743,10.0823,10.1295,10.1641,10.1561,10.1415,10.126,10.0867,10.0728,10.0566,10.0681,10.0503,9.9835,9.8882,9.8454,9.8402,9.9031,9.9622,10.0116,10.0811,10.1929,10.3131,10.4184,10.5052,10.5606,10.6245,10.6782,10.7822,10.8767,10.9533,11.0022,11.0283,11.1195,11.1898,11.2189],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,9.6835,9.6251,9.5757,9.5221,9.4216,9.3169,9.221,9.1585,9.1256,9.0999,9.1137,9.1037,9.1043,9.118,9.1166,9.1063,9.1093,9.1159,9.1256,9.1406,9.1575,9.1766,9.2005,9.2275,9.2552,9.2792,9.306,9.3428,9.3782,9.4094,9.4476,9.4775,9.505,9.5464,9.59,9.6098,9.6383,9.6609,9.7017,9.7421,9.7708,9.7984,9.8277,9.8492,9.8857,9.9179,9.9329,9.9435,9.9518,9.9487,9.9533,9.9555,9.9677,9.9679,9.9468,9.9107,9.8916,9.886,9.9083,9.9319,9.9543,9.9869,10.0394,10.0998,10.1584,10.2131,10.2573,10.3058,10.3513,10.4179,10.4833,10.5437,10.5939,10.6348,10.7011,10.7608,10.8044],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,10.059,10.1031,10.0857,10.1866,10.28,10.3074,10.3323,10.4775,10.5808,10.6318,10.6173,10.5842,10.5473,10.5179,10.4644,10.4281,10.3628,10.2882,10.1771,10.0586,9.9206,9.7651,9.6913,9.727,9.784,9.8475,9.9213,9.9521,9.9208,9.8484,9.846,9.8848,9.9079,9.9872,10.0228,10.0592,10.1399,10.2096,10.1952,10.2111,10.2125,10.2572,10.3037,10.317,10.3264,10.3439,10.3475,10.3873,10.4052,10.3895,10.3852,10.3786,10.3682,10.3661,10.3572,10.3482,10.3495,10.3823,10.4526,10.4713,10.4737,10.4704,10.4678,10.4801,10.5177,10.619,10.7538,10.8609,10.9592,11.0418,11.1366,11.2227,11.3624,11.4948,11.607,11.6938,11.7515,11.8336,11.8416,11.8149],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,9.4504,9.4527,9.4569,9.2534,9.042,8.9208,8.8008,8.4907,8.2234,8.0271,7.9465,7.8887,7.8444,7.8408,7.8236,7.8151,7.8261,7.832,7.8493,7.8879,7.9466,8.0258,8.0625,8.0532,8.0484,8.039,8.0364,8.1492,8.3377,8.5719,8.7168,8.7887,8.8676,8.8522,8.9039,8.9411,8.9379,8.9719,9.0743,9.1431,9.2162,9.268,9.3133,9.3762,9.4396,9.4916,9.5433,9.5776,9.6337,9.6974,9.729,9.7591,9.7806,9.7912,9.8133,9.8495,9.8388,9.7607,9.6506,9.5978,9.5827,9.5834,9.5842,9.5823,9.5697,9.5186,9.4574,9.4053,9.3646,9.351,9.3398,9.3401,9.3344,9.3312,9.3504,9.3738,9.4337,9.5363,9.733,9.9294],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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","2026-08-21"]},{"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":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,3.3042,1.716,1.7365,2.3199,1.085,0.6702,0.612,0.4758,1.735,1.0223,-0.9994,-1.1192,-1.3012,7.0524,5.9176,7.5604,5.2954,3.3282,2.1822,2.002,4.621,3.7623,4.9185,9.4274,6.5771,5.7602,6.9857,6.4164,5.6559,6.7736,5.03,8.1648,8.7985,6.6171,3.5477,4.0918,3.1999,2.7954],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","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,6.5251,61.927,170.3172,80.5297,61.3806,136.1032,125.2647,57.3685,113.9128,68.5741,63.2557,45.3276,18.2848,74.7965,330.1,21.1468,13.2927,73.1998,29.586,58.0396,24.5833,5.4671,88.0069,27.067,81.7784,15.4112,9.7388,17.2286,111.0388,109.6673,58.9086,71.916,1128.0468,558.4356,273.6198,232.0975,416.1524,680.4418,454.9474,562.3558,131.1597,144.7709,96.9137,53.6263,114.1114,140.5072,58.4833,31.8628,98.1784,168.7824,116.484,119.0575,246.8494,115.4807,76.9013,88.4606,90.9434,28.004,76.5891,103.4085,160.7268,107.7474,88.2218,139.4133,173.8884,259.9227,64.3332,113.8964,52.1724,107.5618,46.7128,10.5376,35.8248,40.6427,7.4676,17.8101,25.9003,55.5147,100.9435,70.1669,61.7996,66.4255],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,75.1364,80.0187,94.5847,101.3403,96.3658,84.9933,74.319,79.0631,69.5548,65.0,65.0,67.9999,69.1601,74.0865,96.9175,98.3598,97.4579,101.9095,103.5548,100.347,98.977,99.2711,103.6528,104.9401,108.8146,109.4752,109.8503,110.4846,114.3369,118.0852,116.1416,118.491,135.0,135.0,128.8178,134.708,121.4248,89.019,116.9573,135.0,128.5645,135.0,129.822,132.762,135.0,127.226,130.5581,132.4018,126.4482,135.0,127.4089,119.1734,100.8238,92.04,86.0637,93.1385,85.7923,87.8875,82.4104,75.7387,65.0,72.3039,78.3629,88.4733,101.7651,123.5226,128.9839,135.0,135.0,135.0,135.0,134.467,135.0,135.0,135.0,135.0,134.0958,132.1353,128.5405,130.9973,128.9536,126.8192],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-08-21"]},{"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":[null,null,null,null,null,null,null,97.0205,94.5205,97.0779,100.0,49.513,0.0,5.8228,11.2236,2.3629,0.0,13.2958,13.9021,29.3201,43.8718,46.6869,68.6444,55.3486,61.1087,68.7744,60.5457,55.262,62.6245,64.8766,66.9554,70.4634,72.1958,74.2746,77.8692,80.7276,87.5576,87.3141,94.6777,97.3148,98.1481,96.9949,98.8884,90.2439,90.0665,96.6724,84.6332,61.9413,71.5084,68.0168,86.7318,89.1061,81.0056,81.9832,83.8635,76.587,95.0536,92.7626,71.7435,67.3347,61.8102,45.6954,56.7329,53.8631,62.1477,42.0134,3.4899,0.0,21.6527,38.8075,77.4059,81.7992,87.7506,97.1311,99.681,99.5757,96.5287,96.7957,91.0547,97.2149,97.7454,98.9035,98.7234,97.4737,93.4737,88.9121,96.3922,94.5822,87.4197],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-0.1611,-0.3207,-0.1798,0.0,-3.1069,-9.0509,-11.1489,-10.5095,-11.5584,-18.4316,-20.0,-19.8601,-16.3037,-12.9471,-12.2977,-7.2328,-10.2997,-8.971,-7.2028,-9.1009,-10.3197,-8.6214,-8.1019,-7.6224,-6.8132,-6.4136,-5.9341,-5.1049,-4.4456,-2.7353,-2.7707,-1.1181,-0.5882,-0.4056,-0.659,-0.2513,-2.1843,-2.224,-0.573,-2.5572,-5.2394,-3.9223,-4.403,-1.8266,-1.4997,-2.6149,-2.4803,-1.9996,-2.7302,-0.5768,-0.7883,-2.711,-3.134,-3.3263,-4.7299,-3.7685,-4.0185,-2.711,-4.153,-6.9121,-9.0656,-7.2005,-5.6239,-2.0765,-1.6728,-1.0634,-0.2687,-0.0374,-0.0552,-0.4751,-0.4386,-1.2244,-0.3834,-0.3104,-0.1775,-0.2119,-0.4231,-1.0929,-1.8665,-0.672,-1.0151,-2.3572],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,5.5461,5.8761,6.3658,6.5574,3.2468,0.0,0.7819,1.5071,0.3173,0.0,3.9865,4.1683,8.7911,13.1541,13.9982,20.5817,16.5952,18.3223,20.6207,18.1535,16.5693,18.7768,19.452,20.0753,21.1271,21.6465,22.2698,23.3476,24.2046,24.6721,24.3994,25.1785,27.2952,27.5289,27.2432,28.8794,26.033,25.9818,20.1098,16.8954,9.8885,11.4158,10.8584,13.8462,14.2252,12.932,13.0881,11.8622,10.1099,12.5476,11.3389,7.6138,7.1459,5.8972,4.3597,5.4128,5.139,4.7944,3.2412,0.2692,0.0,2.1914,3.9276,7.834,8.2786,8.3422,10.036,13.2331,14.9058,15.3081,15.3504,14.44,15.5198,15.6045,19.098,19.6485,19.6062,18.8016,17.997,22.0622,21.8082,20.1567],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","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,2.771,2.7006,2.7843,3.4848,3.9736,3.9167,4.0152,3.8896,3.7323,3.6664,3.7652,3.6827,3.5591,3.5356,3.4637,3.2947,3.1563,3.0206,2.9383,2.8037,2.8412,2.7551,2.6489,2.5026,2.4109,2.4122,2.3637,2.3211,2.2272,2.1951,2.2129,2.298,2.2825,2.3426,2.4868,2.5113,2.5512,2.525,2.415,2.364,2.2936,2.1739,2.1538,2.1114,2.0852,2.2378,2.2628,2.3391,2.3525,2.2853,2.25,2.2334,2.2842,2.4458,2.6375,2.5893,2.5643,2.5915,2.4733,2.3483,2.2762,2.2703,2.2394,2.1758,2.0511,2.0307,1.9623,1.8836,1.92,1.8227,1.7323,1.7849,1.8405,1.9383,1.8918,1.9394],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,6.24,6.6516,6.435,9.601,12.8148,14.4222,16.009,20.9494,25.0735,27.9193,28.7747,29.1823,29.3927,29.1639,28.8793,28.6463,27.8924,27.1107,25.827,24.1897,22.0969,19.553,18.3483,18.8282,19.465,20.2221,20.9937,19.9202,17.3406,13.859,12.167,11.7405,11.0807,12.0499,11.8239,11.7684,12.6002,12.9056,11.6338,11.0363,10.2556,10.1334,10.097,9.5543,8.9722,8.5934,8.0857,8.1114,7.7007,6.8911,6.5249,6.1529,5.8325,5.7034,5.3928,4.939,5.0586,6.1717,7.9797,8.7057,8.8845,8.8456,8.8123,8.9506,9.439,10.9293,12.8284,14.3641,15.6926,16.5815,17.5504,18.3105,19.5965,20.7788,21.5343,22.0242,21.8821,21.4995,19.5478,17.343],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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","2026-08-21"]},{"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":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,59.9425,57.7128,55.6628,53.1564,50.4442,47.6208,44.9991,42.4676,40.0583,38.0495,36.1287,34.7115,32.926,31.7804,30.7166,29.7869,29.3359,29.4462,28.2135,27.6562,28.1469,27.0663,26.0629,24.7188,24.1565,23.6343,23.224,22.1897,21.4182,21.0027,20.971,20.9508,19.5286,18.392,17.1745,16.3678,15.6882,14.8109,14.2416,13.2311,13.3525,14.451,15.5221,15.2438,14.7916,14.7146,14.6602,15.2263,16.6745,18.451,20.3107,22.0376,22.6789,23.713,24.2609,25.7193,27.2012,28.6242,28.6755,28.7918,29.6091,30.4095,29.8465],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,3.735,3.5332,7.2478,5.8304,4.841,4.5526,3.9485,10.1298,11.9537,19.7874,18.5039,17.4808,16.649,15.8875,15.2634,14.623,16.8742,18.2052,18.7915,18.209,25.0367,23.7657,24.3166,23.8105,25.5365,23.552,25.4,23.9753,23.6461,24.8144,27.0229,24.1741,26.1879,31.9482,28.7364,26.062,23.9414,26.5813,25.7219,25.2154,24.1007,24.784,25.5008,26.1837,24.7378,21.8275,21.1968,19.079,17.8748,16.9148,17.1398,19.4209,17.898,15.9817,14.0873,13.0567,17.4858,23.3858,24.9748,24.5295,27.6659,33.2065,35.5078,36.3487,35.791,33.8346,37.0128,35.7789,43.212,44.015,43.749,39.6927,36.7548,39.3178,38.0108,34.9025],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,34.6095,32.7394,29.8364,41.2731,44.6845,42.0229,40.799,37.6005,36.1168,32.2752,31.0903,29.0851,27.4135,26.1597,27.5671,26.5765,25.6154,24.7245,23.3972,22.6718,20.6682,19.9465,19.1311,19.0303,18.3829,19.3809,18.0606,17.0476,16.5343,15.3796,14.2711,18.9214,17.3093,15.5494,22.1161,20.0578,20.7063,18.9167,18.3051,17.5626,20.2247,19.7162,18.6176,17.2534,16.2569,21.378,19.7171,19.5996,20.1089,19.4037,18.3486,16.9337,17.8642,21.5916,25.4457,23.9556,22.0863,19.5583,18.9508,18.5227,17.4714,15.8063,14.6637,13.9653,13.7511,17.815,16.9593,18.6859,16.5231,16.0877,15.7237,21.6831,19.6597,16.7568,15.9759,22.0681],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/8177e59e-bbd8-4a77-88fb-e271e3beba98/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/8177e59e-bbd8-4a77-88fb-e271e3beba98/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/8177e59e-bbd8-4a77-88fb-e271e3beba98/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/8177e59e-bbd8-4a77-88fb-e271e3beba98/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/8177e59e-bbd8-4a77-88fb-e271e3beba98/technical-pack/data.json"},"source_fingerprint":"91d90abce711d13e032e2de9f5d731f975127eb0267be6770a0f9d5a6407a111","content_hash":"e7c9521038e048123ee6c9d22a5e8e05199ee4183b923533b34cfbe42c503a77","citation":"Sharemaestro, QUS5 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/8177e59e-bbd8-4a77-88fb-e271e3beba98/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."}