{"schema_version":"1.0","name":"S7OU Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"854d2ecf-bfa6-4e32-8682-3ec270ae46a6","symbol":"S7OU","name":"Asian Pay Television Trust","exchange":"SES","country":"SG","asset_type":"equity","currency":"SGD","sector":"Communication Services","industry":"Entertainment"},"summary":"Price structure and the underlying tape currently reinforce the same downside read.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Strength versus the research benchmark, Activity pressure and cumulative balance, Range position and boundary pressure, Directional strength and control, Drawdown and recovery 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":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Price structure and the underlying tape currently reinforce the same downside read.","evidenceAlignment":{"status":"Evidence aligned downward","headline":"Downward price structure is confirmed by Market Dynamics","summary":"Price structure and the underlying tape currently reinforce the same downside read.","take":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","tone":"negative","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[0.839582,1.10374,1.341688,1.502084,1.534997,1.533912,1.543789,1.441035,1.247901,1.027226,0.785491,0.633755,0.487803,0.270718,0.044401,-0.200803,-0.489726,-0.610182,-0.673976,-0.758391,-0.617234,-0.537923,-0.440066,-0.296619,0.035996,0.380476,0.699589,1.140055,1.200517,1.298212,1.401957,1.209409,1.021704,0.882761,0.596145,0.483563,0.460121,0.264489,0.282307,0.104563,-0.079109,-0.055222,0.017289,0.222345,0.495492,0.822621,1.067102,1.409297,1.626263,1.662266,1.681217,1.664284,1.658691,1.649298,1.614217,1.521255,1.510417,1.38773,1.291053,1.152941,0.816394,0.523183,0.148368,-0.092888,-0.188888,-0.187396,-0.267617,-0.41582,-0.648625,-0.840809,-0.878411,-0.783093,-0.536034,-0.325929,-0.073948,0.079953,0.109094,0.085171,0.035524,-0.524813,-1.044863,-1.486372,-1.854128,-1.762591,-1.662826,-1.578956,-1.564393,-1.499136,-1.438249,-1.347334,-1.27018,-1.213396,-1.189489,-1.099168,-0.861423,-0.673636,-0.502392,-0.334178,-0.310934,-0.118057,0.062109,0.083734,0.054521,-0.144854],"opens":[0.063266,0.064056,0.065638,0.066429,0.06722,0.069116,0.069116,0.068273,0.06743,0.06743,0.066588,0.066588,0.065745,0.066588,0.064902,0.065745,0.066588,0.065745,0.065745,0.066588,0.064902,0.066588,0.066588,0.066588,0.066588,0.069959,0.070802,0.068273,0.071645,0.071645,0.073331,0.071815,0.072712,0.070917,0.070019,0.070917,0.071815,0.07361,0.071815,0.07361,0.072712,0.072712,0.074508,0.074508,0.075405,0.076303,0.078996,0.080791,0.087075,0.087075,0.086177,0.086177,0.090666,0.092461,0.094257,0.096052,0.096052,0.097185,0.095298,0.095298,0.096242,0.093411,0.096242,0.097185,0.098129,0.097185,0.097185,0.096242,0.096242,0.096242,0.097185,0.097185,0.098129,0.099073,0.100016,0.099073,0.100016,0.10096,0.101903,0.10096,0.088694,0.086806,0.086806,0.088,0.088,0.086,0.087,0.088,0.087,0.086,0.087,0.086,0.087,0.085,0.086,0.085,0.085,0.086,0.087,0.086,0.085,0.085,0.083,0.083],"highs":[0.064056,0.065638,0.066429,0.06722,0.069116,0.069116,0.069116,0.068273,0.068273,0.06743,0.06743,0.06743,0.06743,0.06743,0.066588,0.066588,0.066588,0.065745,0.066588,0.066588,0.06743,0.066588,0.06743,0.06743,0.069959,0.070802,0.070802,0.071645,0.072488,0.073331,0.073331,0.072712,0.072712,0.070917,0.071815,0.071815,0.072712,0.07361,0.07361,0.07361,0.07361,0.074508,0.076303,0.076303,0.077201,0.078996,0.080791,0.087973,0.089768,0.087973,0.087973,0.091564,0.094257,0.095154,0.096052,0.09695,0.098129,0.097185,0.096242,0.097185,0.096242,0.097185,0.097185,0.098129,0.098129,0.097185,0.097185,0.097185,0.097185,0.097185,0.098129,0.099073,0.100016,0.100016,0.100016,0.100016,0.10096,0.101903,0.10379,0.102847,0.090581,0.08775,0.09,0.088,0.088,0.088,0.088,0.088,0.088,0.088,0.088,0.087,0.087,0.085,0.086,0.085,0.085,0.086,0.087,0.086,0.086,0.087,0.086,0.083],"lows":[0.062475,0.063266,0.064847,0.065638,0.066429,0.06743,0.06743,0.06743,0.066588,0.065745,0.066588,0.065745,0.064902,0.064902,0.064902,0.064902,0.064902,0.064059,0.064902,0.064902,0.064902,0.065745,0.065745,0.065745,0.066588,0.068273,0.068273,0.068273,0.071645,0.071645,0.069121,0.070917,0.070917,0.066428,0.069121,0.070917,0.070917,0.071815,0.071815,0.071815,0.071815,0.071815,0.074508,0.074508,0.074508,0.076303,0.077201,0.079894,0.087075,0.08528,0.08528,0.086177,0.087973,0.092461,0.093359,0.094257,0.095298,0.095298,0.094355,0.095298,0.093411,0.093411,0.095298,0.095298,0.096242,0.094355,0.095298,0.095298,0.095298,0.096242,0.096242,0.097185,0.098129,0.098129,0.097185,0.098129,0.098129,0.099073,0.10096,0.083032,0.083032,0.083032,0.084919,0.086,0.087,0.086,0.086,0.087,0.086,0.086,0.085,0.085,0.086,0.084,0.086,0.085,0.085,0.085,0.085,0.084,0.084,0.082,0.083,0.081],"closes":[0.064056,0.065638,0.066429,0.06722,0.06743,0.069116,0.068273,0.068273,0.06743,0.066588,0.066588,0.06743,0.066588,0.065745,0.065745,0.066588,0.065745,0.065745,0.066588,0.064902,0.065745,0.066588,0.066588,0.066588,0.069116,0.069959,0.069959,0.070802,0.071645,0.073331,0.071815,0.071815,0.070917,0.070019,0.070917,0.071815,0.072712,0.071815,0.07361,0.071815,0.072712,0.074508,0.075405,0.075405,0.075405,0.078996,0.079894,0.087075,0.087075,0.086177,0.086177,0.090666,0.092461,0.093359,0.095154,0.096052,0.097185,0.095298,0.095298,0.096242,0.093411,0.097185,0.096242,0.098129,0.098129,0.097185,0.096242,0.096242,0.096242,0.097185,0.097185,0.099073,0.100016,0.100016,0.099073,0.100016,0.100016,0.100016,0.102847,0.088694,0.086806,0.086806,0.089,0.088,0.088,0.087,0.088,0.088,0.087,0.086,0.086,0.086,0.086,0.084,0.086,0.085,0.085,0.086,0.086,0.086,0.085,0.083,0.083,0.082],"pressureRange":[-2.265773,2.265773],"priceRange":[0.059312,0.102847],"zones":{"accumulationBoundary":0.168987,"distributionBoundary":0.831013},"latest":-0.144854,"state":"Negative and broadly steady","context":{"scenario":"negativeSteady","latestDirection":"easing","fourWeekDirection":"steady","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"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":"Negative and broadly steady","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Negative and broadly steady","detail":"Market Dynamics weakened this week and remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"7 Feb 2025","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":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.31,"forwardCorrelation":0.25,"directionalAgreement":46.3,"sample":218,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"averageWeeksInZone":17.7,"medianWeeksInZone":12,"averageWeeksToHigher":8.7,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":0,"expectedPercent":0.0,"medianReturn":-1.3,"averageReturn":-1.2,"confidenceLow":0.0,"confidenceHigh":56.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":2,"expectedPercent":66.7,"medianReturn":1.1,"averageReturn":1.6,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":26,"sample":3,"expectedCount":2,"expectedPercent":66.7,"medianReturn":7.8,"averageReturn":4.6,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.2,"sample":3},{"week":2,"averageReturn":-0.0,"sample":3},{"week":3,"averageReturn":-0.4,"sample":3},{"week":4,"averageReturn":-1.2,"sample":3},{"week":5,"averageReturn":-0.8,"sample":3},{"week":6,"averageReturn":-0.4,"sample":3},{"week":7,"averageReturn":-1.6,"sample":3},{"week":8,"averageReturn":-1.6,"sample":3},{"week":9,"averageReturn":-0.8,"sample":3},{"week":10,"averageReturn":-1.6,"sample":3},{"week":11,"averageReturn":-0.8,"sample":3},{"week":12,"averageReturn":1.6,"sample":3},{"week":13,"averageReturn":2.1,"sample":3},{"week":14,"averageReturn":1.0,"sample":3},{"week":15,"averageReturn":3.0,"sample":3},{"week":16,"averageReturn":4.3,"sample":3},{"week":17,"averageReturn":4.7,"sample":3},{"week":18,"averageReturn":3.2,"sample":3},{"week":19,"averageReturn":4.0,"sample":3},{"week":20,"averageReturn":4.0,"sample":3},{"week":21,"averageReturn":3.6,"sample":3},{"week":22,"averageReturn":3.7,"sample":3},{"week":23,"averageReturn":3.7,"sample":3},{"week":24,"averageReturn":4.1,"sample":3},{"week":25,"averageReturn":3.7,"sample":3},{"week":26,"averageReturn":4.6,"sample":3}]},"distribution":{"label":"Distribution","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"averageWeeksInZone":7.0,"medianWeeksInZone":2,"averageWeeksToLower":1.3,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":0,"expectedPercent":0.0,"medianReturn":0.2,"averageReturn":0.7,"confidenceLow":0.0,"confidenceHigh":56.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":0,"expectedPercent":0.0,"medianReturn":2.9,"averageReturn":2.0,"confidenceLow":0.0,"confidenceHigh":56.1,"confidence":"Mixed historical record"},{"weeks":26,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":-9.6,"averageReturn":-9.6,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.9,"sample":3},{"week":2,"averageReturn":0.4,"sample":3},{"week":3,"averageReturn":0.1,"sample":3},{"week":4,"averageReturn":0.7,"sample":3},{"week":5,"averageReturn":-0.6,"sample":3},{"week":6,"averageReturn":0.4,"sample":3},{"week":7,"averageReturn":-0.3,"sample":3},{"week":8,"averageReturn":0.7,"sample":3},{"week":9,"averageReturn":0.7,"sample":3},{"week":10,"averageReturn":1.4,"sample":3},{"week":11,"averageReturn":1.4,"sample":3},{"week":12,"averageReturn":2.0,"sample":3},{"week":13,"averageReturn":2.0,"sample":3},{"week":14,"averageReturn":2.7,"sample":3},{"week":15,"averageReturn":2.3,"sample":3},{"week":16,"averageReturn":3.3,"sample":3},{"week":17,"averageReturn":4.6,"sample":3},{"week":18,"averageReturn":-0.2,"sample":3},{"week":19,"averageReturn":-0.2,"sample":3},{"week":20,"averageReturn":-4.8,"sample":3},{"week":21,"averageReturn":-4.7,"sample":3},{"week":22,"averageReturn":-5.0,"sample":3},{"week":23,"averageReturn":-3.3,"sample":3},{"week":24,"averageReturn":-8.9,"sample":3},{"week":25,"averageReturn":-9.2,"sample":3},{"week":26,"averageReturn":-9.6,"sample":3}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":14,"completedEpisodes":13,"activeEpisodes":1,"medianExpectedMove":2.9,"averageExpectedMove":6.5,"averageWeeksToLargestMove":7.5,"horizons":[{"weeks":4,"sample":13,"expectedCount":5,"expectedPercent":38.5,"averageReturn":0.1,"medianReturn":0.0,"confidenceLow":17.7,"confidenceHigh":64.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":13,"expectedCount":7,"expectedPercent":53.8,"averageReturn":3.7,"medianReturn":2.9,"confidenceLow":29.1,"confidenceHigh":76.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":13,"expectedCount":8,"expectedPercent":61.5,"averageReturn":4.2,"medianReturn":1.7,"confidenceLow":35.5,"confidenceHigh":82.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.2,"sample":14},{"week":2,"averageReturn":-0.2,"sample":14},{"week":3,"averageReturn":0.3,"sample":14},{"week":4,"averageReturn":0.1,"sample":13},{"week":5,"averageReturn":0.8,"sample":13},{"week":6,"averageReturn":0.7,"sample":13},{"week":7,"averageReturn":1.0,"sample":13},{"week":8,"averageReturn":1.5,"sample":13},{"week":9,"averageReturn":1.6,"sample":13},{"week":10,"averageReturn":2.3,"sample":13},{"week":11,"averageReturn":2.6,"sample":13},{"week":12,"averageReturn":3.7,"sample":13},{"week":13,"averageReturn":3.5,"sample":13},{"week":14,"averageReturn":3.8,"sample":13},{"week":15,"averageReturn":3.4,"sample":13},{"week":16,"averageReturn":3.7,"sample":13},{"week":17,"averageReturn":4.7,"sample":13},{"week":18,"averageReturn":3.2,"sample":13},{"week":19,"averageReturn":3.7,"sample":13},{"week":20,"averageReturn":3.3,"sample":13},{"week":21,"averageReturn":4.3,"sample":13},{"week":22,"averageReturn":3.4,"sample":13},{"week":23,"averageReturn":4.3,"sample":13},{"week":24,"averageReturn":3.9,"sample":13},{"week":25,"averageReturn":3.9,"sample":13},{"week":26,"averageReturn":4.2,"sample":13}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":26,"completedEpisodes":24,"activeEpisodes":2,"medianExpectedMove":4.1,"averageExpectedMove":4.6,"averageWeeksToLargestMove":7.7,"horizons":[{"weeks":4,"sample":25,"expectedCount":14,"expectedPercent":56.0,"averageReturn":0.1,"medianReturn":-0.9,"confidenceLow":37.1,"confidenceHigh":73.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":24,"expectedCount":20,"expectedPercent":83.3,"averageReturn":-2.3,"medianReturn":-3.3,"confidenceLow":64.1,"confidenceHigh":93.3,"confidence":"Historically consistent"},{"weeks":26,"sample":21,"expectedCount":17,"expectedPercent":81.0,"averageReturn":-5.4,"medianReturn":-8.1,"confidenceLow":60.0,"confidenceHigh":92.3,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.1,"sample":25},{"week":2,"averageReturn":-0.1,"sample":25},{"week":3,"averageReturn":-0.2,"sample":25},{"week":4,"averageReturn":0.1,"sample":25},{"week":5,"averageReturn":-0.4,"sample":25},{"week":6,"averageReturn":-0.7,"sample":25},{"week":7,"averageReturn":-1.1,"sample":25},{"week":8,"averageReturn":-1.0,"sample":25},{"week":9,"averageReturn":-0.8,"sample":24},{"week":10,"averageReturn":-1.3,"sample":24},{"week":11,"averageReturn":-1.1,"sample":24},{"week":12,"averageReturn":-2.3,"sample":24},{"week":13,"averageReturn":-2.8,"sample":24},{"week":14,"averageReturn":-2.4,"sample":24},{"week":15,"averageReturn":-3.0,"sample":24},{"week":16,"averageReturn":-2.8,"sample":23},{"week":17,"averageReturn":-3.5,"sample":23},{"week":18,"averageReturn":-3.6,"sample":22},{"week":19,"averageReturn":-4.1,"sample":22},{"week":20,"averageReturn":-4.4,"sample":22},{"week":21,"averageReturn":-4.6,"sample":22},{"week":22,"averageReturn":-4.8,"sample":22},{"week":23,"averageReturn":-4.7,"sample":22},{"week":24,"averageReturn":-5.1,"sample":22},{"week":25,"averageReturn":-4.9,"sample":21},{"week":26,"averageReturn":-5.4,"sample":21}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":28,"completedEpisodes":26,"activeEpisodes":2,"medianExpectedMove":3.5,"averageExpectedMove":4.6,"averageWeeksToLargestMove":7.1,"horizons":[{"weeks":4,"sample":28,"expectedCount":15,"expectedPercent":53.6,"averageReturn":-0.6,"medianReturn":-0.8,"confidenceLow":35.8,"confidenceHigh":70.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":26,"expectedCount":20,"expectedPercent":76.9,"averageReturn":-0.8,"medianReturn":-2.4,"confidenceLow":57.9,"confidenceHigh":89.0,"confidence":"Historically consistent"},{"weeks":26,"sample":24,"expectedCount":17,"expectedPercent":70.8,"averageReturn":-3.8,"medianReturn":-8.5,"confidenceLow":50.8,"confidenceHigh":85.1,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.1,"sample":28},{"week":2,"averageReturn":-0.4,"sample":28},{"week":3,"averageReturn":-0.4,"sample":28},{"week":4,"averageReturn":-0.6,"sample":28},{"week":5,"averageReturn":-0.4,"sample":28},{"week":6,"averageReturn":-0.5,"sample":28},{"week":7,"averageReturn":0.0,"sample":27},{"week":8,"averageReturn":-0.1,"sample":27},{"week":9,"averageReturn":-0.1,"sample":27},{"week":10,"averageReturn":-0.3,"sample":26},{"week":11,"averageReturn":-0.7,"sample":26},{"week":12,"averageReturn":-0.8,"sample":26},{"week":13,"averageReturn":-1.3,"sample":26},{"week":14,"averageReturn":-1.2,"sample":26},{"week":15,"averageReturn":-1.3,"sample":26},{"week":16,"averageReturn":-2.2,"sample":26},{"week":17,"averageReturn":-2.3,"sample":25},{"week":18,"averageReturn":-2.3,"sample":25},{"week":19,"averageReturn":-2.8,"sample":25},{"week":20,"averageReturn":-3.0,"sample":24},{"week":21,"averageReturn":-2.9,"sample":24},{"week":22,"averageReturn":-3.5,"sample":24},{"week":23,"averageReturn":-4.0,"sample":24},{"week":24,"averageReturn":-4.0,"sample":24},{"week":25,"averageReturn":-3.8,"sample":24},{"week":26,"averageReturn":-3.8,"sample":24}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":9,"completedEpisodes":8,"activeEpisodes":1,"medianExpectedMove":1.5,"averageExpectedMove":2.8,"averageWeeksToLargestMove":6.0,"horizons":[{"weeks":4,"sample":8,"expectedCount":3,"expectedPercent":37.5,"averageReturn":-0.9,"medianReturn":-2.0,"confidenceLow":13.7,"confidenceHigh":69.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":8,"expectedCount":4,"expectedPercent":50.0,"averageReturn":0.6,"medianReturn":0.2,"confidenceLow":21.5,"confidenceHigh":78.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":8,"expectedCount":4,"expectedPercent":50.0,"averageReturn":2.8,"medianReturn":-0.9,"confidenceLow":21.5,"confidenceHigh":78.5,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.4,"sample":9},{"week":2,"averageReturn":-1.0,"sample":9},{"week":3,"averageReturn":-0.2,"sample":8},{"week":4,"averageReturn":-0.9,"sample":8},{"week":5,"averageReturn":-0.7,"sample":8},{"week":6,"averageReturn":0.1,"sample":8},{"week":7,"averageReturn":-1.3,"sample":8},{"week":8,"averageReturn":-0.8,"sample":8},{"week":9,"averageReturn":-0.2,"sample":8},{"week":10,"averageReturn":-0.8,"sample":8},{"week":11,"averageReturn":-0.7,"sample":8},{"week":12,"averageReturn":0.6,"sample":8},{"week":13,"averageReturn":0.8,"sample":8},{"week":14,"averageReturn":1.2,"sample":8},{"week":15,"averageReturn":3.3,"sample":8},{"week":16,"averageReturn":3.1,"sample":8},{"week":17,"averageReturn":3.1,"sample":8},{"week":18,"averageReturn":3.5,"sample":8},{"week":19,"averageReturn":2.1,"sample":8},{"week":20,"averageReturn":2.4,"sample":8},{"week":21,"averageReturn":2.7,"sample":8},{"week":22,"averageReturn":3.3,"sample":8},{"week":23,"averageReturn":2.9,"sample":8},{"week":24,"averageReturn":2.9,"sample":8},{"week":25,"averageReturn":2.8,"sample":8},{"week":26,"averageReturn":2.8,"sample":8}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":1.0,"averageExpectedMove":1.0,"averageWeeksToLargestMove":1.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":0.0,"medianReturn":0.0,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":2.9,"medianReturn":2.9,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-9.5,"medianReturn":-9.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.0,"sample":1},{"week":2,"averageReturn":1.0,"sample":1},{"week":3,"averageReturn":1.0,"sample":1},{"week":4,"averageReturn":0.0,"sample":1},{"week":5,"averageReturn":-1.0,"sample":1},{"week":6,"averageReturn":-1.0,"sample":1},{"week":7,"averageReturn":-1.0,"sample":1},{"week":8,"averageReturn":0.0,"sample":1},{"week":9,"averageReturn":0.0,"sample":1},{"week":10,"averageReturn":1.9,"sample":1},{"week":11,"averageReturn":2.9,"sample":1},{"week":12,"averageReturn":2.9,"sample":1},{"week":13,"averageReturn":1.9,"sample":1},{"week":14,"averageReturn":2.9,"sample":1},{"week":15,"averageReturn":2.9,"sample":1},{"week":16,"averageReturn":2.9,"sample":1},{"week":17,"averageReturn":5.8,"sample":1},{"week":18,"averageReturn":-8.7,"sample":1},{"week":19,"averageReturn":-10.7,"sample":1},{"week":20,"averageReturn":-10.7,"sample":1},{"week":21,"averageReturn":-8.4,"sample":1},{"week":22,"averageReturn":-9.5,"sample":1},{"week":23,"averageReturn":-9.5,"sample":1},{"week":24,"averageReturn":-10.5,"sample":1},{"week":25,"averageReturn":-9.5,"sample":1},{"week":26,"averageReturn":-9.5,"sample":1}]},"currentApplication":{"status":"Evidence aligned downward","tone":"negative","headline":"Price and Market Dynamics remain aligned downward","use":"The downside remains supported until Market Dynamics repairs or price structure changes.","confirm":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":83.3,"averageReturn":-2.3,"sample":24},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"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 downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Capital protection","title":"Treat agreement on the downside as a defensive condition","tone":"negative","approach":"Reduce the burden of proof for risk control and raise it for new long exposure. A short position still needs a defined entry, exit and maximum loss.","finding":"In this ticker's completed record, 83.3% of comparable cases moved lower after 12 weeks, with an average move of -2.3% across 24 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 66.7% of completed 12-week outcomes were higher across 3 cases. Distinct visits lasted 17.7 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 4.6% across 26 completed cases, with the largest move arriving after 7.1 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2024-09-13","price":0.06722},{"date":"2024-11-08","price":0.06743},{"date":"2025-02-07","price":0.069116}],"distribution_rollovers":[{"date":"2025-09-26","price":0.095298},{"date":"2025-10-17","price":0.093411},{"date":"2026-02-27","price":0.088694}],"price_pressure_gaps":[{"date":"2025-10-24","price":0.097185}]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[0.0641,0.0656,0.0664,0.0672,0.0674,0.0691,0.0683,0.0683,0.0674,0.0666,0.0666,0.0674,0.0666,0.0657,0.0657,0.0666,0.0657,0.0657,0.0666,0.0649,0.0657,0.0666,0.0666,0.0666,0.0691,0.07,0.07,0.0708,0.0716,0.0733,0.0718,0.0718,0.0709,0.07,0.0709,0.0718,0.0727,0.0718,0.0736,0.0718,0.0727,0.0745,0.0754,0.0754,0.0754,0.079,0.0799,0.0871,0.0871,0.0862,0.0862,0.0907,0.0925,0.0934,0.0952,0.0961,0.0972,0.0953,0.0953,0.0962,0.0934,0.0972,0.0962,0.0981,0.0981,0.0972,0.0962,0.0962,0.0962,0.0972,0.0972,0.0991,0.1,0.1,0.0991,0.1,0.1,0.1,0.1028,0.0887,0.0868,0.0868,0.089,0.088,0.088,0.087,0.088,0.088,0.087,0.086,0.086,0.086,0.086,0.084,0.086,0.085,0.085,0.086,0.086,0.086,0.085,0.083,0.083,0.082],"consensus":[55.924,60.6395,56.7346,59.8841,36.8701,65.2949,20.3669,40.5018,8.2582,-14.2984,-10.6161,28.37,0.0,-24.4687,0.0,18.4134,-22.0117,0.0,26.0765,-51.1893,12.4713,28.1195,0.0,11.3899,63.2427,46.257,30.6058,56.2366,33.9384,72.9895,0.0,23.5892,-17.1252,-20.543,15.3138,35.101,44.9202,0.0,58.2999,-23.7765,21.1336,55.3748,45.0212,34.4628,24.6117,78.9773,55.0377,84.2497,31.3699,25.7163,36.0143,79.3722,68.1377,47.3488,61.7853,51.5449,58.5739,0.0,26.9947,36.4823,-31.6401,59.6031,17.7103,52.9471,41.2954,14.5883,0.0,0.0,0.0,30.6581,12.8048,53.7412,52.6583,39.4778,0.0,42.9648,15.4643,0.0,52.7683,-66.6299,-59.0297,-32.8274,0.0,-23.1801,-10.739,-29.0525,0.0,-8.8887,-29.4251,-43.4879,-31.3478,-24.6958,-34.2238,-53.4152,0.0,-26.8194,-20.0666,15.5449,-8.7829,0.0,-22.0419,-54.5032,-32.9559,-46.6784],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[61.6814,37.9443,58.1125,49.1284,54.7373,0.0,30.8689,42.4928,-24.7525,73.4169,18.9717,63.3752,47.0368,24.9022,0.0,0.0,0.0,47.8087,14.7785,64.3332,61.7626,46.7843,0.0,49.3455,21.023,0.0,56.6806,-50.3428,-48.1022,-20.1561,0.0,-12.9974,-6.0239,-30.2538,0.0,-1.3443,-29.8091,-49.7981,-30.5533,-21.2782,-43.0283,-65.5586,0.0,-28.7635,-19.7554,17.1728,-11.1663,0.0,-23.1836,-45.219,-31.7396,-38.9498],"force":[75.2069,29.3435,53.5879,29.6039,50.5886,0.0,0.5133,20.5948,-90.1379,55.9524,8.1669,48.2511,21.3845,11.3646,0.0,0.0,0.0,29.3078,3.7943,57.5165,49.7664,25.6033,0.0,54.1101,3.8639,0.0,53.1017,-93.2575,-62.9139,-3.4502,0.0,-8.4441,-14.7424,-11.0754,0.0,-11.6,-13.0698,-34.1201,-13.8802,-5.9182,-19.5301,-40.7207,0.0,-14.4979,-3.9601,30.7382,-5.5506,0.0,-27.9675,-81.4663,-20.2352,-55.1023],"direction":[70.4669,70.9578,71.838,69.9788,68.6622,0.0,41.4822,40.9614,-2.2726,46.4236,34.7525,44.3834,48.956,21.3387,0.0,0.0,0.0,12.022,16.9852,38.9394,44.3189,41.0379,0.0,27.7116,17.3974,0.0,48.059,-66.224,-68.7439,-68.2925,0.0,-45.3433,-34.3288,-40.5205,0.0,-32.1457,-40.6686,-42.9676,-44.7326,-42.0143,-34.6571,-48.6046,0.0,-33.3986,-31.9269,2.832,-8.3676,0.0,-16.5046,-45.8542,-43.432,-49.4942],"intensity":[84.6154,92.3077,69.2308,46.1538,53.8462,76.9231,51.9231,51.9231,86.5385,90.3846,73.0769,73.0769,44.2308,73.0769,38.4615,9.6154,11.5385,42.3077,42.3077,73.0769,42.3077,13.4615,42.3077,42.3077,44.2308,46.1538,84.6154,100.0,98.0769,82.6923,71.1538,69.2308,42.3077,44.2308,46.1538,48.0769,48.0769,48.0769,38.4615,51.9231,38.4615,71.1538,73.0769,38.4615,9.6154,40.3846,55.7692,57.6923,42.3077,80.7692,59.6154,92.3077],"confirmation":[90.1179,82.7462,87.5774,83.8625,86.5587,10.8433,53.1055,79.0986,57.8307,86.7512,29.2684,84.641,80.5202,28.8113,3.2252,25.0637,25.2211,77.5081,49.1262,85.1508,84.6238,80.0987,5.5496,81.9912,49.8437,3.2585,84.8364,90.3813,87.1744,55.1359,12.5149,75.1237,5.8768,76.7306,7.5214,4.8096,76.9117,81.5345,77.511,52.7158,78.3697,84.521,4.2853,76.1771,51.2685,50.7459,48.009,25.2612,75.2166,86.4042,78.1767,91.3116],"persistence":[100.0,100.0,100.0,100.0,100.0,87.5,87.5,87.5,62.5,62.5,62.5,62.5,62.5,75.0,62.5,50.0,62.5,62.5,62.5,62.5,62.5,62.5,62.5,75.0,87.5,75.0,75.0,50.0,25.0,0.0,0.0,25.0,50.0,62.5,75.0,75.0,75.0,75.0,87.5,87.5,87.5,87.5,87.5,87.5,87.5,62.5,62.5,50.0,50.0,50.0,62.5,62.5],"assessmentRisk":[15.2298,26.1904,19.0814,23.5262,19.538,30.9933,10.3011,14.0272,32.8681,7.645,13.6474,10.8613,29.003,7.2942,0.3404,41.4422,40.8811,15.329,21.1824,20.3856,22.8187,28.9323,44.4543,16.7738,7.7321,2.8044,23.5542,16.3238,20.3409,33.4421,46.3229,3.186,19.7709,16.9526,9.3812,4.4443,2.4572,9.458,7.499,11.5608,21.114,21.4371,1.5039,24.8576,28.6167,40.2388,4.3914,35.5407,11.021,22.3905,33.1949,26.6058],"volumeParticipation":true,"latest":{"consensus":-46.7,"control":-38.9,"force":-55.1,"direction":-49.5,"confirmation":91.3,"persistence":62.5,"assessmentRisk":26.6,"intensity":92.3,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-46.7","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-38.9","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-55.1","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-49.5","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"91/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"30.6","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"3.1%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"37.2","detail":"Directional","tone":"positive"},{"label":"Range position","value":"4%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned downward.","series":[{"label":"Close","values":[0.0641,0.0656,0.0664,0.0672,0.0674,0.0691,0.0683,0.0683,0.0674,0.0666,0.0666,0.0674,0.0666,0.0657,0.0657,0.0666,0.0657,0.0657,0.0666,0.0649,0.0657,0.0666,0.0666,0.0666,0.0691,0.07,0.07,0.0708,0.0716,0.0733,0.0718,0.0718,0.0709,0.07,0.0709,0.0718,0.0727,0.0718,0.0736,0.0718,0.0727,0.0745,0.0754,0.0754,0.0754,0.079,0.0799,0.0871,0.0871,0.0862,0.0862,0.0907,0.0925,0.0934,0.0952,0.0961,0.0972,0.0953,0.0953,0.0962,0.0934,0.0972,0.0962,0.0981,0.0981,0.0972,0.0962,0.0962,0.0962,0.0972,0.0972,0.0991,0.1,0.1,0.0991,0.1,0.1,0.1,0.1028,0.0887,0.0868,0.0868,0.089,0.088,0.088,0.087,0.088,0.088,0.087,0.086,0.086,0.086,0.086,0.084,0.086,0.085,0.085,0.086,0.086,0.086,0.085,0.083,0.083,0.082],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[0.0625,0.063,0.0637,0.0643,0.0649,0.0656,0.0661,0.0665,0.0667,0.0667,0.0667,0.0668,0.0668,0.0666,0.0664,0.0665,0.0663,0.0662,0.0663,0.066,0.066,0.0661,0.0662,0.0663,0.0668,0.0674,0.0678,0.0684,0.069,0.0698,0.0701,0.0704,0.0705,0.0704,0.0705,0.0708,0.0711,0.0712,0.0717,0.0717,0.0719,0.0724,0.0729,0.0734,0.0737,0.0747,0.0756,0.0777,0.0794,0.0806,0.0817,0.0833,0.085,0.0865,0.0881,0.0895,0.0909,0.0917,0.0924,0.0931,0.0931,0.0939,0.0943,0.095,0.0956,0.0959,0.0959,0.096,0.096,0.0962,0.0964,0.0969,0.0975,0.0979,0.0981,0.0985,0.0988,0.099,0.0997,0.0977,0.0957,0.0941,0.0932,0.0922,0.0915,0.0906,0.0902,0.0898,0.0893,0.0887,0.0882,0.0878,0.0875,0.0868,0.0867,0.0864,0.0861,0.0861,0.0861,0.0861,0.0859,0.0854,0.0849,0.0844],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[0.0633,0.0635,0.0637,0.064,0.0642,0.0646,0.0649,0.0651,0.0653,0.0654,0.0655,0.0656,0.0657,0.0657,0.0657,0.0658,0.0658,0.0658,0.0658,0.0658,0.0658,0.0658,0.0659,0.0659,0.0662,0.0664,0.0667,0.067,0.0674,0.0678,0.0681,0.0684,0.0686,0.0687,0.0688,0.0691,0.0693,0.0695,0.0698,0.07,0.0702,0.0705,0.0709,0.0712,0.0715,0.0721,0.0726,0.0737,0.0747,0.0755,0.0763,0.0774,0.0785,0.0796,0.0808,0.0819,0.083,0.0839,0.0848,0.0856,0.0862,0.087,0.0877,0.0885,0.0892,0.0898,0.0903,0.0907,0.0911,0.0916,0.092,0.0925,0.0931,0.0936,0.094,0.0944,0.0948,0.0952,0.0958,0.0953,0.0946,0.0941,0.0937,0.0933,0.0929,0.0924,0.0921,0.0918,0.0914,0.091,0.0907,0.0903,0.09,0.0896,0.0893,0.089,0.0887,0.0885,0.0883,0.0881,0.0879,0.0875,0.0872,0.0868],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[0.0651,0.0653,0.066,0.0667,0.0674,0.0684,0.0691,0.0697,0.07,0.0703,0.0705,0.0705,0.0705,0.0704,0.0703,0.0702,0.07,0.0698,0.0694,0.069,0.0688,0.0688,0.0688,0.0687,0.0691,0.0693,0.0697,0.0702,0.071,0.0722,0.0728,0.0733,0.0736,0.0737,0.0739,0.0742,0.0746,0.0747,0.0751,0.0749,0.0749,0.0751,0.0754,0.0755,0.0758,0.0771,0.0784,0.0819,0.0844,0.0862,0.0877,0.0901,0.0924,0.0945,0.0967,0.0987,0.1006,0.1018,0.1028,0.1035,0.1035,0.104,0.104,0.104,0.1034,0.1028,0.1017,0.1016,0.1014,0.1008,0.0995,0.0994,0.0998,0.1001,0.1003,0.1007,0.101,0.1013,0.1022,0.1034,0.1046,0.1054,0.1057,0.1058,0.1059,0.1059,0.1059,0.1058,0.1057,0.1055,0.1051,0.1044,0.1034,0.1022,0.101,0.0994,0.0974,0.095,0.0892,0.0889,0.0889,0.0891,0.0889,0.0889],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[0.06,0.0599,0.0596,0.0593,0.0591,0.0586,0.0584,0.0583,0.0583,0.0584,0.0586,0.0594,0.0599,0.0606,0.0611,0.0615,0.0622,0.0627,0.0636,0.0643,0.0646,0.0647,0.0647,0.0647,0.0645,0.0644,0.0642,0.0639,0.0635,0.063,0.063,0.0629,0.063,0.0633,0.0636,0.0638,0.0642,0.0647,0.0649,0.0658,0.0666,0.0671,0.0677,0.0686,0.0688,0.0684,0.0681,0.0663,0.0653,0.0648,0.0647,0.0642,0.064,0.0643,0.0646,0.065,0.0655,0.0667,0.0678,0.0696,0.0716,0.0734,0.0754,0.0777,0.0806,0.083,0.0857,0.0867,0.0879,0.0896,0.092,0.0929,0.0934,0.0937,0.0939,0.0939,0.0938,0.094,0.0939,0.0919,0.0901,0.0882,0.0872,0.086,0.085,0.0839,0.0831,0.0824,0.0816,0.0807,0.0799,0.0793,0.079,0.0785,0.0784,0.0785,0.079,0.08,0.0841,0.0841,0.084,0.0834,0.083,0.0824],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"relative","eyebrow":"Relative leadership","title":"Strength versus the research benchmark","description":"Relative performance is separated from absolute price direction to reveal leadership and lagging pressure.","reason":"Selected because benchmark-relative leadership is strengthening, fading or diverging from price.","series":[{"label":"Relative strength","values":[-7.0888,-6.0279,-4.9223,-6.4367,-7.427,-3.4831,-4.7393,-4.0227,-6.5574,-6.1299,-4.8004,-7.5492,-8.7868,-9.5224,-8.9905,-8.8206,-9.9719,-7.5325,-7.3926,-10.1589,-8.7092,-7.4522,-7.0106,-7.9634,-4.3633,-3.4176,-4.4809,-2.2308,-1.2612,3.3178,-0.9822,-1.9205,0.759,8.3828,3.7071,2.2333,2.9419,0.9575,2.9271,0.878,1.8747,3.3443,5.1633,5.7574,3.4701,6.9123,5.9539,12.3624,10.1966,11.6127,9.189,14.7974,16.1122,16.4469,17.3118,17.0185,19.0589,17.3957,13.2167,13.646,12.4581,14.1395,12.5308,12.6927,10.9397,11.3022,8.4924,7.9238,6.2402,7.2972,5.4228,6.5763,5.1994,2.6232,0.5109,0.8842,0.0599,-0.218,0.7169,-12.7167,-11.9546,-11.7466,-11.4394,-11.5189,-12.3387,-13.8589,-12.897,-11.4925,-12.2167,-13.3009,-14.3337,-15.5469,-14.9089,-16.9033,-14.3376,-17.8138,-17.5884,-17.1913,-20.3023,-20.4819,-22.1176,-24.044,-24.5456,-25.5099],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"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":[186.3102,98.381,82.5591,123.3586,256.925,91.7919,99.7492,28.9612,65.3397,74.1456,35.3649,62.0793,103.1177,63.4267,68.1727,67.4799,39.6236,52.4045,27.7091,80.7074,217.8249,58.6019,52.9194,49.461,332.9895,111.0803,51.0974,250.5994,132.7604,117.6072,225.8706,60.1197,104.4573,213.8721,23.9815,44.7129,59.9985,47.3713,57.688,55.4174,60.0459,37.1709,104.8666,63.9194,101.3146,95.0549,103.4431,274.9844,152.7931,128.6893,181.3425,242.9365,205.283,113.5281,113.5291,84.7822,167.4229,52.6372,98.3152,66.9673,181.8917,22.6046,37.3508,60.8016,100.5894,130.1054,56.9432,64.741,23.4227,35.6935,50.007,50.8936,74.5611,66.1117,109.6278,160.8398,130.1799,125.9882,54.2398,527.0714,359.0304,199.8284,177.472,111.9898,74.5408,76.34,49.6856,42.5717,25.5416,92.8107,83.6238,31.5647,47.9964,15.218,0.2129,3.9747,1.7613,2.3458,7.6787,70.845,118.6108,405.4829,217.2119,258.826],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[70.8565,71.8437,72.6614,73.8996,76.7926,77.8385,76.6964,76.6964,75.9589,75.1046,75.1046,75.7683,74.6635,73.9732,73.9732,74.6838,74.2783,74.2783,74.5477,73.8124,75.8009,76.3222,76.3222,76.3222,79.0618,79.968,79.968,82.1523,83.3394,84.4032,82.1497,82.1497,81.1145,78.8241,79.0751,79.5377,80.1651,79.6706,80.2827,79.6989,80.2895,80.6521,81.7063,81.1363,81.1363,81.564,82.6104,85.4668,85.4668,84.091,83.0875,85.1309,87.5591,88.7916,90.0548,91.3966,94.212,93.3208,93.3208,94.4977,91.0602,91.4868,90.7954,91.9289,91.9289,89.3711,88.2575,88.2575,88.2575,88.8631,88.8631,88.7623,89.6454,89.6454,88.0503,89.339,89.339,89.339,90.2051,79.2979,71.1727,71.1727,75.9291,72.8328,72.8328,70.4256,71.1411,70.9525,70.2383,67.5097,67.5097,66.5361,65.9089,65.0,65.0064,65.0,65.0,65.062,65.062,65.062,65.0,65.0,65.0,65.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"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":[61.531,76.9186,84.6124,92.3062,85.1923,100.0,92.5962,92.5962,85.1923,77.7973,77.7973,85.1923,77.7973,70.3935,70.3935,77.7973,70.3935,70.3935,71.9547,53.2505,62.6026,71.9547,71.9547,71.9547,90.7015,89.8763,88.8137,88.8874,89.9988,100.0,83.6497,83.6497,73.9646,64.2796,73.9646,83.6497,93.324,81.2062,100.0,81.2062,90.5978,100.0,92.6658,92.1235,85.3972,100.0,94.0383,95.9601,88.7899,84.6144,84.6144,96.4274,93.5463,93.7513,96.9687,97.0579,97.0222,91.0697,91.0697,93.4949,82.6621,96.5309,92.8289,100.0,100.0,96.4126,92.8289,92.0113,92.0113,96.0036,95.6749,100.0,100.0,100.0,93.6007,100.0,93.6143,86.4537,91.6762,27.2762,18.1809,18.1809,28.7504,23.9329,23.9329,19.1155,23.9329,23.9329,19.1155,14.2981,14.2981,14.2981,14.2981,4.6633,14.2981,9.4807,9.4807,14.2981,14.2981,14.2981,9.4807,4.5893,4.5893,4.3879],"stroke":"#10243b","width":2.0},{"label":"From high","values":[-5.8152,-3.4891,-2.3261,-1.163,-2.4394,0.0,-1.2197,-1.2197,-2.4394,-3.6576,-3.6576,-2.4394,-3.6576,-4.8773,-4.8773,-3.6576,-4.8773,-4.8773,-3.6576,-6.097,-4.8773,-3.6576,-3.6576,-3.6576,-1.205,-1.1906,-1.1906,-1.1766,-1.163,0.0,-2.0673,-2.0673,-3.2919,-4.5165,-3.2919,-2.0673,-0.8441,-2.4385,0.0,-2.4385,-1.2199,0.0,-1.1769,-1.1769,-2.3264,0.0,-1.1103,-1.0208,-3.0,-4.0003,-4.0003,-0.9807,-1.9054,-1.8864,-0.9349,-0.9263,-0.962,-2.885,-2.885,-1.923,-4.808,-0.962,-1.923,0.0,0.0,-0.962,-1.923,-1.923,-1.923,-0.962,-0.962,0.0,0.0,0.0,-0.9428,0.0,-0.935,-1.8518,-0.9086,-14.5448,-16.3638,-16.3638,-14.2499,-15.2134,-15.2134,-16.1769,-15.2134,-15.2134,-16.1769,-17.1404,-17.1404,-17.1404,-17.1404,-19.0673,-17.1404,-18.1039,-18.1039,-17.1404,-17.1404,-17.1404,-18.1039,-20.0308,-20.0308,-20.9943],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[10.9579,13.6983,15.0684,16.4386,16.8024,19.7228,18.2626,18.2626,16.8024,15.3438,15.3438,16.8024,15.3438,13.8836,13.8836,15.3438,13.8836,13.8836,10.7917,7.9864,9.389,10.7917,10.7917,10.7917,13.504,11.9792,10.5791,10.5262,11.8422,14.4742,12.1076,12.1076,10.7058,9.3039,10.7058,12.1076,13.5079,12.1076,14.9097,12.1076,13.5079,16.3115,17.7118,16.1829,16.1829,21.7158,21.521,32.4435,32.4435,29.7299,29.7299,36.4876,39.1898,40.5416,43.2438,44.5957,46.3013,43.4606,43.4606,39.237,31.7188,37.0405,34.0138,36.6414,36.6414,35.3269,34.0138,29.17,29.17,30.4357,27.3672,28.3312,25.1859,17.2795,16.1738,17.2795,16.0588,13.6894,11.2328,6.8191,4.5452,4.5452,7.1876,5.9832,5.9832,4.7789,5.9832,5.9832,4.7789,3.5745,3.5745,3.5745,3.5745,1.1658,3.5745,2.3702,2.3702,3.5745,3.5745,3.5745,2.3702,1.2195,1.2195,1.2346],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[44.1512,42.2552,39.8007,37.0236,35.6773,34.4271,33.2662,32.1883,30.392,28.4233,26.5953,25.5684,25.2058,24.8691,24.5565,24.2662,23.9966,24.4285,23.7655,23.1499,21.6149,20.1894,19.4973,18.8547,20.1381,21.7607,23.2675,25.0736,27.1071,29.309,28.718,28.1692,27.6596,27.1353,26.0592,25.0599,23.5431,22.1333,20.8243,19.6088,18.4801,18.0502,18.6655,19.2368,20.2179,21.8772,23.9997,27.2949,30.554,32.451,34.2125,36.3843,38.7139,40.9714,43.1605,45.2847,47.3732,49.3125,50.4567,51.6521,51.5241,51.5945,51.6598,51.9166,52.155,51.0659,50.0545,49.1154,48.2434,47.4337,47.0373,46.9942,47.2515,47.4903,46.8222,46.2018,46.0126,46.1839,46.9196,46.4136,45.9438,45.5075,44.2235,43.0312,41.924,41.137,40.4063,39.7277,39.3688,39.0356,39.0058,38.978,38.9522,39.4992,39.321,39.452,39.5738,38.9708,37.7455,37.0047,36.3167,36.412,36.5005,37.2106],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[8.7332,13.4926,15.5258,17.4765,22.4555,21.1171,19.8434,19.2193,18.0005,16.8497,16.2893,15.1999,13.7175,12.4138,11.6205,10.8724,10.1674,9.5037,12.1634,11.3599,13.4752,13.0244,15.5063,14.4602,22.1457,23.1861,21.0755,21.5291,23.1975,24.7885,21.3763,20.1055,18.8958,16.2607,17.6722,17.1629,19.0796,20.9114,19.6583,18.4666,17.3349,18.7774,23.7111,22.2553,23.2562,26.3229,28.926,41.5433,43.3066,40.2619,37.4281,41.2769,41.5008,40.9972,40.5221,40.0723,40.1766,38.3525,36.5648,37.2057,34.5383,33.647,32.0371,32.131,30.5571,27.6408,26.2898,24.9752,23.699,23.0647,24.535,25.9482,27.3024,25.74,23.5614,22.2119,23.1549,24.0045,26.7899,16.6826,14.4464,13.251,15.9684,15.1262,14.8451,14.2738,13.7058,13.4183,12.8382,12.2671,11.4447,10.9191,10.6556,10.1292,12.1434,11.8218,11.8218,14.4493,16.5933,15.5814,14.6211,12.5403,11.4842,10.8295],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[20.9821,19.2592,18.1866,17.1575,15.5483,14.6216,13.7397,13.3076,15.6325,17.8315,17.2384,19.4316,20.7886,18.8128,17.6106,16.4768,15.4084,17.6663,16.506,15.4157,13.9299,13.4638,12.5594,11.7121,10.2258,9.2748,8.4305,7.456,7.019,6.6024,13.9463,13.1172,12.3279,24.5538,22.5238,21.8746,20.5967,19.3776,18.2164,17.1121,16.0634,14.6162,13.7283,12.8854,11.7225,10.3776,9.2367,7.2934,6.7812,10.9907,10.2171,8.8719,7.6127,7.1447,6.7011,6.2811,5.8649,5.5987,7.6672,7.3007,11.5559,10.4775,9.9762,9.2604,8.8068,12.7381,12.1155,11.5097,10.9215,10.6292,10.0496,9.4919,8.9568,8.4442,10.5518,9.9474,9.1049,8.3441,7.45,38.7743,33.5769,30.7984,28.1014,26.6192,26.1245,27.0433,25.9672,25.4224,26.4849,25.3067,25.8449,24.658,24.063,27.8147,26.4096,28.3584,28.3584,27.5134,25.8541,27.3267,25.6425,27.6858,25.3543,29.6101],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[-27.8511,-26.0692,-25.1782,-24.2873,-24.0508,-22.1518,-23.1013,-23.1013,-24.0508,-24.9992,-24.9992,-24.0508,-24.9992,-25.9487,-25.9487,-24.9992,-25.9487,-25.9487,-24.9992,-26.8982,-25.9487,-24.9992,-24.9992,-24.9992,-22.1518,-21.2023,-21.2023,-20.2528,-19.3032,-17.4042,-19.1118,-19.1118,-20.1232,-21.1347,-20.1232,-19.1118,-18.1014,-19.1118,-17.09,-19.1118,-18.1014,-16.0785,-15.0682,-15.0682,-15.0682,-11.0235,-10.0121,-1.9238,-1.9238,-2.9352,-2.9352,0.0,0.0,0.0,0.0,0.0,0.0,-1.9417,-1.9417,-0.9703,-3.8833,0.0,-0.9703,0.0,0.0,-0.962,-1.923,-1.923,-1.923,-0.962,-0.962,0.0,0.0,0.0,-0.9428,0.0,0.0,0.0,0.0,-13.7612,-15.597,-15.597,-13.4637,-14.436,-14.436,-15.4083,-14.436,-14.436,-15.4083,-16.3806,-16.3806,-16.3806,-16.3806,-18.3253,-16.3806,-17.353,-17.353,-16.3806,-16.3806,-16.3806,-17.353,-19.2976,-19.2976,-20.2699],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[7.9984,10.6656,11.9993,13.3329,13.6869,16.5295,15.1082,15.1082,13.6869,12.2673,12.2673,13.6869,12.2673,10.846,10.846,12.2673,10.846,7.9681,9.3525,5.2169,6.5836,7.9502,7.9502,7.9502,10.6299,9.2154,7.7917,9.0906,10.3895,12.9873,10.6514,10.6514,9.2678,7.8842,9.2678,10.6514,12.0335,10.6514,13.4172,10.6514,12.0335,14.8008,16.1829,16.1829,16.1829,20.1551,19.9826,30.7668,30.7668,24.6846,23.1821,29.5988,32.0513,33.3338,35.8974,37.1799,38.798,36.1031,36.1031,35.7108,30.0717,35.3269,34.0138,36.6414,36.6414,33.6574,29.17,27.6334,27.6334,28.884,23.0252,24.0056,16.0588,16.0588,14.9645,16.0588,10.3126,8.171,10.1629,0.0,0.0,0.0,2.5275,1.3755,1.3755,0.2235,1.3755,1.3755,0.2235,0.0,0.0,0.0,0.0,0.0,2.381,1.1905,1.1905,2.381,2.381,2.381,1.1905,0.0,0.0,0.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]}]},"canonical_url":"https://sharemaestro.com/terminal/854d2ecf-bfa6-4e32-8682-3ec270ae46a6/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/854d2ecf-bfa6-4e32-8682-3ec270ae46a6/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/854d2ecf-bfa6-4e32-8682-3ec270ae46a6/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/854d2ecf-bfa6-4e32-8682-3ec270ae46a6/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/854d2ecf-bfa6-4e32-8682-3ec270ae46a6/technical-pack/data.json"},"source_fingerprint":"994f3bb8889825c38741e5324ec08683ac2cb17e115b66b7a51b21bee80b5720","content_hash":"3b9fd6e29a07e37ef0c49a40c6ae42f3efddad3182eba7e7508be1a7bbb430fd","citation":"Sharemaestro, S7OU Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/854d2ecf-bfa6-4e32-8682-3ec270ae46a6/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."}