{"schema_version":"1.0","name":"BP15 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"890fcdac-1616-47b7-b04c-5c22ac3d9de5","symbol":"BP15","name":"BNP EURCORBNDFOSFREE UCITS ETF","exchange":"VIE","country":"AT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","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, Acceleration, deceleration and rollover, Directional strength and control, Range pressure and compression, Range position and boundary pressure."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":60,"displayedObservations":60,"assetType":"ETF","state":"Rotational","stateTone":"caution","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","evidenceAlignment":{"status":"Underlying support lags price","headline":"Market Dynamics is weaker than the current price position","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","take":"This is a downside risk watch, not a completed reversal. Stronger Market Dynamics or weaker price is needed to close the gap.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[-0.200425,-0.234396,-0.013781,0.141552,0.262377,0.410897,0.444139,0.289435,0.059127,-0.212322,-0.483771,-0.571415,-0.573785,-0.464864,-0.425195,-0.375537,-0.325554,-0.399579,-0.311497,-0.1,0.058674,0.387836,0.623436,0.742517,0.885822,0.858867,0.698286,0.414029,0.138581,-0.011609,-0.10196,-0.133488],"opens":[9.229415,9.242098,9.238195,9.269416,9.270391,9.295758,9.319173,9.296734,9.174781,9.137706,9.075267,9.064535,9.145511,9.166,9.228439,9.197,9.186,9.205,9.167,9.268,9.258,9.274,9.275,9.322,9.308,9.27,9.231,9.227,9.231,9.235,9.256,9.234],"highs":[9.248927,9.251855,9.272343,9.27527,9.300636,9.307465,9.323075,9.296734,9.239172,9.200147,9.167951,9.154293,9.238195,9.246001,9.242098,9.208,9.237,9.208,9.226,9.288,9.258,9.274,9.275,9.323,9.312,9.272,9.237,9.23,9.239,9.271,9.259,9.237],"lows":[9.227464,9.218683,9.238195,9.257709,9.270391,9.295758,9.307466,9.201121,9.13673,9.098681,9.043071,9.060632,9.133804,9.158195,9.193,9.149,9.171,9.165,9.154,9.245,9.241,9.261,9.265,9.317,9.308,9.27,9.231,9.184,9.204,9.166,9.228,9.193],"closes":[9.241123,9.233317,9.269416,9.27527,9.294783,9.306489,9.323075,9.211854,9.13673,9.098681,9.055754,9.116242,9.173804,9.246001,9.195,9.196,9.213,9.165,9.222,9.288,9.241,9.265,9.265,9.317,9.309,9.272,9.231,9.208,9.209,9.258,9.236,9.21],"hoverRows":[[{"label":"Open","value":"9.23","className":"is-ohlc","compact":true},{"label":"High","value":"9.25","className":"is-ohlc","compact":true},{"label":"Low","value":"9.23","className":"is-ohlc","compact":true},{"label":"Close","value":"9.24","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.20","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.24","className":"is-ohlc","compact":true},{"label":"High","value":"9.25","className":"is-ohlc","compact":true},{"label":"Low","value":"9.22","className":"is-ohlc","compact":true},{"label":"Close","value":"9.23","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.23","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.24","className":"is-ohlc","compact":true},{"label":"High","value":"9.27","className":"is-ohlc","compact":true},{"label":"Low","value":"9.24","className":"is-ohlc","compact":true},{"label":"Close","value":"9.27","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.01","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.27","className":"is-ohlc","compact":true},{"label":"High","value":"9.28","className":"is-ohlc","compact":true},{"label":"Low","value":"9.26","className":"is-ohlc","compact":true},{"label":"Close","value":"9.28","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.14","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.27","className":"is-ohlc","compact":true},{"label":"High","value":"9.30","className":"is-ohlc","compact":true},{"label":"Low","value":"9.27","className":"is-ohlc","compact":true},{"label":"Close","value":"9.29","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.26","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.30","className":"is-ohlc","compact":true},{"label":"High","value":"9.31","className":"is-ohlc","compact":true},{"label":"Low","value":"9.30","className":"is-ohlc","compact":true},{"label":"Close","value":"9.31","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.41","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.32","className":"is-ohlc","compact":true},{"label":"High","value":"9.32","className":"is-ohlc","compact":true},{"label":"Low","value":"9.31","className":"is-ohlc","compact":true},{"label":"Close","value":"9.32","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.44","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.30","className":"is-ohlc","compact":true},{"label":"High","value":"9.30","className":"is-ohlc","compact":true},{"label":"Low","value":"9.20","className":"is-ohlc","compact":true},{"label":"Close","value":"9.21","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":"9.17","className":"is-ohlc","compact":true},{"label":"High","value":"9.24","className":"is-ohlc","compact":true},{"label":"Low","value":"9.14","className":"is-ohlc","compact":true},{"label":"Close","value":"9.14","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.06","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.14","className":"is-ohlc","compact":true},{"label":"High","value":"9.20","className":"is-ohlc","compact":true},{"label":"Low","value":"9.10","className":"is-ohlc","compact":true},{"label":"Close","value":"9.10","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.21","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.08","className":"is-ohlc","compact":true},{"label":"High","value":"9.17","className":"is-ohlc","compact":true},{"label":"Low","value":"9.04","className":"is-ohlc","compact":true},{"label":"Close","value":"9.06","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.48","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.06","className":"is-ohlc","compact":true},{"label":"High","value":"9.15","className":"is-ohlc","compact":true},{"label":"Low","value":"9.06","className":"is-ohlc","compact":true},{"label":"Close","value":"9.12","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.57","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.15","className":"is-ohlc","compact":true},{"label":"High","value":"9.24","className":"is-ohlc","compact":true},{"label":"Low","value":"9.13","className":"is-ohlc","compact":true},{"label":"Close","value":"9.17","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.57","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.17","className":"is-ohlc","compact":true},{"label":"High","value":"9.25","className":"is-ohlc","compact":true},{"label":"Low","value":"9.16","className":"is-ohlc","compact":true},{"label":"Close","value":"9.25","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.46","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.23","className":"is-ohlc","compact":true},{"label":"High","value":"9.24","className":"is-ohlc","compact":true},{"label":"Low","value":"9.19","className":"is-ohlc","compact":true},{"label":"Close","value":"9.20","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.43","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.20","className":"is-ohlc","compact":true},{"label":"High","value":"9.21","className":"is-ohlc","compact":true},{"label":"Low","value":"9.15","className":"is-ohlc","compact":true},{"label":"Close","value":"9.20","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.38","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.19","className":"is-ohlc","compact":true},{"label":"High","value":"9.24","className":"is-ohlc","compact":true},{"label":"Low","value":"9.17","className":"is-ohlc","compact":true},{"label":"Close","value":"9.21","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.33","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.21","className":"is-ohlc","compact":true},{"label":"High","value":"9.21","className":"is-ohlc","compact":true},{"label":"Low","value":"9.16","className":"is-ohlc","compact":true},{"label":"Close","value":"9.16","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":"9.17","className":"is-ohlc","compact":true},{"label":"High","value":"9.23","className":"is-ohlc","compact":true},{"label":"Low","value":"9.15","className":"is-ohlc","compact":true},{"label":"Close","value":"9.22","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.31","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.27","className":"is-ohlc","compact":true},{"label":"High","value":"9.29","className":"is-ohlc","compact":true},{"label":"Low","value":"9.24","className":"is-ohlc","compact":true},{"label":"Close","value":"9.29","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.10","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.26","className":"is-ohlc","compact":true},{"label":"High","value":"9.26","className":"is-ohlc","compact":true},{"label":"Low","value":"9.24","className":"is-ohlc","compact":true},{"label":"Close","value":"9.24","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.06","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.27","className":"is-ohlc","compact":true},{"label":"High","value":"9.27","className":"is-ohlc","compact":true},{"label":"Low","value":"9.26","className":"is-ohlc","compact":true},{"label":"Close","value":"9.27","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.39","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.28","className":"is-ohlc","compact":true},{"label":"High","value":"9.28","className":"is-ohlc","compact":true},{"label":"Low","value":"9.27","className":"is-ohlc","compact":true},{"label":"Close","value":"9.27","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.62","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.32","className":"is-ohlc","compact":true},{"label":"High","value":"9.32","className":"is-ohlc","compact":true},{"label":"Low","value":"9.32","className":"is-ohlc","compact":true},{"label":"Close","value":"9.32","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.74","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.31","className":"is-ohlc","compact":true},{"label":"High","value":"9.31","className":"is-ohlc","compact":true},{"label":"Low","value":"9.31","className":"is-ohlc","compact":true},{"label":"Close","value":"9.31","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.89","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.27","className":"is-ohlc","compact":true},{"label":"High","value":"9.27","className":"is-ohlc","compact":true},{"label":"Low","value":"9.27","className":"is-ohlc","compact":true},{"label":"Close","value":"9.27","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.86","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.23","className":"is-ohlc","compact":true},{"label":"High","value":"9.24","className":"is-ohlc","compact":true},{"label":"Low","value":"9.23","className":"is-ohlc","compact":true},{"label":"Close","value":"9.23","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.70","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.23","className":"is-ohlc","compact":true},{"label":"High","value":"9.23","className":"is-ohlc","compact":true},{"label":"Low","value":"9.18","className":"is-ohlc","compact":true},{"label":"Close","value":"9.21","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.41","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.23","className":"is-ohlc","compact":true},{"label":"High","value":"9.24","className":"is-ohlc","compact":true},{"label":"Low","value":"9.20","className":"is-ohlc","compact":true},{"label":"Close","value":"9.21","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.14","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.23","className":"is-ohlc","compact":true},{"label":"High","value":"9.27","className":"is-ohlc","compact":true},{"label":"Low","value":"9.17","className":"is-ohlc","compact":true},{"label":"Close","value":"9.26","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.01","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.26","className":"is-ohlc","compact":true},{"label":"High","value":"9.26","className":"is-ohlc","compact":true},{"label":"Low","value":"9.23","className":"is-ohlc","compact":true},{"label":"Close","value":"9.24","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.10","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.23","className":"is-ohlc","compact":true},{"label":"High","value":"9.24","className":"is-ohlc","compact":true},{"label":"Low","value":"9.19","className":"is-ohlc","compact":true},{"label":"Close","value":"9.21","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.13","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[9.039715,9.339114],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.133488,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"price":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Price response ahead of support","detail":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","annotations":[{"label":"Current tape relationship","value":"Price response ahead of support","detail":"Market Dynamics weakened this week and remains below zero.","tone":"caution"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Lagging price","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":32,"relationship":{"sameWeekCorrelation":0.48,"forwardCorrelation":-0.59,"directionalAgreement":37.0,"sample":27,"correlationSample":31,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":1.5,"averageReturn":1.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":2.3,"averageReturn":2.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.7,"sample":1},{"week":2,"averageReturn":1.3,"sample":1},{"week":3,"averageReturn":2.1,"sample":1},{"week":4,"averageReturn":1.5,"sample":1},{"week":5,"averageReturn":1.5,"sample":1},{"week":6,"averageReturn":1.7,"sample":1},{"week":7,"averageReturn":1.2,"sample":1},{"week":8,"averageReturn":1.8,"sample":1},{"week":9,"averageReturn":2.6,"sample":1},{"week":10,"averageReturn":2.0,"sample":1},{"week":11,"averageReturn":2.3,"sample":1},{"week":12,"averageReturn":2.3,"sample":1},{"week":13,"averageReturn":2.9,"sample":1},{"week":14,"averageReturn":2.8,"sample":1},{"week":15,"averageReturn":2.4,"sample":1},{"week":16,"averageReturn":1.9,"sample":1},{"week":17,"averageReturn":1.7,"sample":1},{"week":18,"averageReturn":1.7,"sample":1},{"week":19,"averageReturn":2.2,"sample":1},{"week":20,"averageReturn":2.0,"sample":1},{"week":21,"averageReturn":1.7,"sample":1},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.5,"medianWeeksInZone":1.5,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-2.0,"averageReturn":-2.0,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-1.1,"averageReturn":-1.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.6,"sample":2},{"week":2,"averageReturn":-1.2,"sample":2},{"week":3,"averageReturn":-1.7,"sample":2},{"week":4,"averageReturn":-2.0,"sample":2},{"week":5,"averageReturn":-1.7,"sample":2},{"week":6,"averageReturn":-1.1,"sample":2},{"week":7,"averageReturn":-0.8,"sample":2},{"week":8,"averageReturn":-1.3,"sample":2},{"week":9,"averageReturn":-1.4,"sample":1},{"week":10,"averageReturn":-1.2,"sample":1},{"week":11,"averageReturn":-1.7,"sample":1},{"week":12,"averageReturn":-1.1,"sample":1},{"week":13,"averageReturn":-0.4,"sample":1},{"week":14,"averageReturn":-0.9,"sample":1},{"week":15,"averageReturn":-0.6,"sample":1},{"week":16,"averageReturn":-0.6,"sample":1},{"week":17,"averageReturn":-0.1,"sample":1},{"week":18,"averageReturn":-0.2,"sample":1},{"week":19,"averageReturn":-0.5,"sample":1},{"week":20,"averageReturn":-1.0,"sample":1},{"week":21,"averageReturn":-1.2,"sample":1},{"week":22,"averageReturn":-1.2,"sample":1},{"week":23,"averageReturn":-0.7,"sample":1},{"week":24,"averageReturn":-0.9,"sample":1},{"week":25,"averageReturn":-1.2,"sample":1},{"week":26,"sample":0}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":0.3,"averageExpectedMove":0.3,"averageWeeksToLargestMove":2.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-0.5,"medianReturn":-0.5,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-0.9,"medianReturn":-0.9,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-0.6,"medianReturn":-0.6,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.2,"sample":2},{"week":2,"averageReturn":0.3,"sample":2},{"week":3,"averageReturn":-0.0,"sample":2},{"week":4,"averageReturn":-0.5,"sample":2},{"week":5,"averageReturn":-0.9,"sample":2},{"week":6,"averageReturn":-1.3,"sample":2},{"week":7,"averageReturn":-1.1,"sample":2},{"week":8,"averageReturn":-0.8,"sample":2},{"week":9,"averageReturn":-0.2,"sample":2},{"week":10,"averageReturn":-0.6,"sample":2},{"week":11,"averageReturn":-0.7,"sample":2},{"week":12,"averageReturn":-0.9,"sample":1},{"week":13,"averageReturn":-1.4,"sample":1},{"week":14,"averageReturn":-0.8,"sample":1},{"week":15,"averageReturn":-0.1,"sample":1},{"week":16,"averageReturn":-0.6,"sample":1},{"week":17,"averageReturn":-0.3,"sample":1},{"week":18,"averageReturn":-0.3,"sample":1},{"week":19,"averageReturn":0.2,"sample":1},{"week":20,"averageReturn":0.2,"sample":1},{"week":21,"averageReturn":-0.2,"sample":1},{"week":22,"averageReturn":-0.7,"sample":1},{"week":23,"averageReturn":-0.9,"sample":1},{"week":24,"averageReturn":-0.9,"sample":1},{"week":25,"averageReturn":-0.4,"sample":1},{"week":26,"averageReturn":-0.6,"sample":1}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":0.5,"averageExpectedMove":0.5,"averageWeeksToLargestMove":5.5,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":1.4,"medianReturn":1.4,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":1.4,"medianReturn":1.4,"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":-0.0,"sample":3},{"week":2,"averageReturn":0.3,"sample":3},{"week":3,"averageReturn":0.8,"sample":2},{"week":4,"averageReturn":1.4,"sample":2},{"week":5,"averageReturn":1.1,"sample":2},{"week":6,"averageReturn":1.4,"sample":2},{"week":7,"averageReturn":1.4,"sample":2},{"week":8,"averageReturn":0.9,"sample":2},{"week":9,"averageReturn":1.0,"sample":2},{"week":10,"averageReturn":1.3,"sample":2},{"week":11,"averageReturn":1.0,"sample":2},{"week":12,"averageReturn":1.4,"sample":2},{"week":13,"averageReturn":1.3,"sample":2},{"week":14,"averageReturn":1.4,"sample":2},{"week":15,"averageReturn":2.3,"sample":1},{"week":16,"averageReturn":1.9,"sample":1},{"week":17,"averageReturn":1.5,"sample":1},{"week":18,"averageReturn":1.2,"sample":1},{"week":19,"averageReturn":1.2,"sample":1},{"week":20,"averageReturn":1.8,"sample":1},{"week":21,"averageReturn":1.5,"sample":1},{"week":22,"averageReturn":1.2,"sample":1},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":0.1,"averageExpectedMove":0.1,"averageWeeksToLargestMove":7.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":0.4,"medianReturn":0.4,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":0.8,"medianReturn":0.8,"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":0.4,"sample":3},{"week":2,"averageReturn":0.2,"sample":2},{"week":3,"averageReturn":0.4,"sample":2},{"week":4,"averageReturn":0.4,"sample":2},{"week":5,"averageReturn":0.5,"sample":2},{"week":6,"averageReturn":0.7,"sample":2},{"week":7,"averageReturn":0.9,"sample":2},{"week":8,"averageReturn":0.4,"sample":2},{"week":9,"averageReturn":0.4,"sample":2},{"week":10,"averageReturn":0.4,"sample":2},{"week":11,"averageReturn":1.0,"sample":2},{"week":12,"averageReturn":0.8,"sample":2},{"week":13,"averageReturn":0.5,"sample":2},{"week":14,"averageReturn":0.6,"sample":1},{"week":15,"averageReturn":0.4,"sample":1},{"week":16,"averageReturn":0.4,"sample":1},{"week":17,"averageReturn":0.9,"sample":1},{"week":18,"averageReturn":0.7,"sample":1},{"week":19,"averageReturn":0.4,"sample":1},{"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}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":0.8,"averageExpectedMove":0.8,"averageWeeksToLargestMove":12.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-0.5,"medianReturn":-0.5,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":0.8,"medianReturn":0.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.5,"sample":2},{"week":2,"averageReturn":-0.7,"sample":2},{"week":3,"averageReturn":-0.7,"sample":2},{"week":4,"averageReturn":-0.5,"sample":2},{"week":5,"averageReturn":-0.3,"sample":2},{"week":6,"averageReturn":0.4,"sample":1},{"week":7,"averageReturn":-0.2,"sample":1},{"week":8,"averageReturn":-0.2,"sample":1},{"week":9,"averageReturn":0.0,"sample":1},{"week":10,"averageReturn":-0.5,"sample":1},{"week":11,"averageReturn":0.1,"sample":1},{"week":12,"averageReturn":0.8,"sample":1},{"week":13,"averageReturn":0.3,"sample":1},{"week":14,"averageReturn":0.6,"sample":1},{"week":15,"averageReturn":0.6,"sample":1},{"week":16,"averageReturn":1.1,"sample":1},{"week":17,"averageReturn":1.1,"sample":1},{"week":18,"averageReturn":0.7,"sample":1},{"week":19,"averageReturn":0.2,"sample":1},{"week":20,"averageReturn":-0.0,"sample":1},{"week":21,"averageReturn":-0.0,"sample":1},{"week":22,"averageReturn":0.5,"sample":1},{"week":23,"averageReturn":0.3,"sample":1},{"week":24,"averageReturn":-0.0,"sample":1},{"week":25,"sample":0},{"week":26,"sample":0}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Underlying support lags price","tone":"caution","headline":"Price is leading its underlying support","use":"Market Dynamics must catch up or price may correct toward the weaker underlying position.","confirm":"This is a downside risk watch, not a completed reversal. Stronger Market Dynamics or weaker price is needed to close the gap.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":0.0,"averageReturn":0.8,"sample":2},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"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":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 0.0% of comparable cases moved lower after 12 weeks, with an average move of 0.8% across 2 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 1.0 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 0.1% across 2 completed cases, with the largest move arriving after 7.0 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":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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":[9.1475,9.1036,9.125,9.1328,9.1397,9.164,9.1367,9.1504,9.1377,9.1553,9.1709,9.1543,9.166,9.206,9.2109,9.2431,9.246,9.2499,9.2099,9.204,9.2021,9.2284,9.205,9.1738,9.168,9.166,9.1836,9.2275,9.2411,9.2333,9.2694,9.2753,9.2948,9.3065,9.3231,9.2119,9.1367,9.0987,9.0558,9.1162,9.1738,9.246,9.195,9.196,9.213,9.165,9.222,9.288,9.241,9.265,9.265,9.317,9.309,9.272,9.231,9.208,9.209,9.258,9.236,9.21],"consensus":[-100.0,-100.0,77.7761,-35.9997,0.0,64.3257,-31.8222,21.5871,-14.7354,30.5316,24.4775,-20.4608,27.6371,77.4365,52.3344,68.5518,33.2292,40.8946,-24.5976,-16.0961,-23.8644,34.3771,-27.1207,-47.3639,-48.9376,-35.3442,-15.8928,59.2791,47.9751,19.5441,70.1509,55.5302,64.3754,62.7275,66.2136,-60.3989,-72.9029,-72.366,-67.8385,-8.9226,18.812,60.0516,-14.7375,16.9307,25.146,-48.5572,43.3489,63.801,-10.4979,28.9601,9.1945,29.6536,23.8254,15.0216,-40.3313,-37.2273,-36.5468,26.5358,-18.0142,-27.2443],"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":[-15.0461,35.4368,10.0701,-26.374,18.209,75.5392,46.5123,62.161,20.4736,34.6932,-31.0244,-8.7046,-16.0517,50.8403,-31.7042,-45.2478,-48.6041,-28.0204,-9.4354,56.2476,46.1245,9.8863,72.4787,58.1708,65.2541,64.2652,69.3646,-53.3288,-69.7769,-70.838,-64.6326,-6.6402,18.2174,56.8104,-30.0268,8.5462,21.5195,-46.1954,43.9014,67.5061,-22.3962,20.2227,2.7274,23.4165,13.3089,20.1009,-46.7402,-31.0971,-30.8319,32.5584,-22.7127,-32.0919],"force":[-20.7972,50.7492,3.503,-58.0185,20.3241,88.7542,37.9658,66.3081,8.8572,19.757,-74.9678,-40.3205,-52.3703,36.8792,-56.5419,-60.3044,-54.8472,-28.6813,-14.9905,86.0384,47.4571,0.7037,83.3843,48.1055,66.3667,57.1451,60.3365,-94.0337,-92.0142,-81.3348,-69.2088,-35.4467,44.8857,90.112,-39.1016,27.7445,36.221,-75.2247,70.6424,74.174,-43.7101,20.4103,12.5125,14.6615,0.2143,0.2891,-56.3542,-41.8771,-41.0963,48.0055,-32.2764,-32.4028],"direction":[-10.0503,10.4847,55.9249,-13.124,43.6357,71.5206,69.2514,77.4584,65.2156,63.0802,-18.7259,-7.2405,-12.4318,13.7748,-0.8671,-40.5392,-45.0976,-48.4734,-23.9173,43.6299,50.4602,45.0444,58.0379,57.8158,61.9487,64.9576,66.8104,-44.454,-62.8247,-67.7059,-70.5234,-58.4008,0.8673,42.284,-20.1388,18.7889,21.3798,-32.2082,23.2222,52.1572,-26.8232,45.0527,38.3245,47.4904,52.7093,20.153,-21.5618,-40.9121,-39.8285,4.3174,-2.4571,-18.0195],"intensity":[12.5,55.5556,100.0,36.3636,33.3333,84.6154,42.8571,93.3333,68.75,5.8824,83.3333,36.8421,5.0,57.1429,45.4545,95.6522,12.5,16.0,57.6923,88.8889,96.4286,13.7931,70.0,41.9355,56.25,57.5758,32.3529,100.0,97.2222,72.973,92.1053,92.3077,97.5,92.6829,83.3333,76.7442,52.2727,82.2222,86.9565,97.8723,77.0833,32.6531,4.0,82.3529,13.4615,63.4615,65.3846,76.9231,30.7692,78.8462,88.4615,48.0769],"confirmation":[72.8953,78.3115,52.7465,33.0684,76.7647,93.1535,84.3978,89.9656,78.0849,80.5366,35.9699,51.335,76.6244,78.8261,54.8388,83.5831,83.8452,79.2187,73.1566,87.831,83.3645,51.2677,90.8161,85.5032,88.6474,87.8792,88.9612,88.4604,91.959,91.4537,89.7989,10.7187,52.1568,88.182,32.1885,73.8752,76.4395,84.387,82.695,88.676,32.5791,77.1398,5.7135,77.1273,52.3981,49.6579,81.2967,80.1479,79.9207,54.3873,51.4609,76.8015],"persistence":[12.5,12.5,12.5,12.5,25.0,25.0,50.0,50.0,75.0,75.0,50.0,50.0,25.0,25.0,0.0,25.0,50.0,75.0,75.0,50.0,25.0,25.0,0.0,25.0,50.0,75.0,100.0,75.0,50.0,25.0,0.0,25.0,25.0,25.0,50.0,25.0,0.0,0.0,25.0,50.0,25.0,25.0,50.0,50.0,50.0,75.0,50.0,25.0,25.0,25.0,0.0,25.0],"assessmentRisk":[3.1066,33.9744,33.6771,19.2765,30.1131,10.2287,22.8222,15.718,33.369,28.7132,10.0622,39.9131,36.822,56.44,2.4273,19.5068,20.8298,31.9414,31.4976,19.3356,25.8802,39.9991,14.8403,21.1709,17.1874,18.541,16.3577,16.5995,13.4979,13.8111,16.0803,43.8336,22.8312,19.6146,56.7886,36.8384,18.7617,20.9982,0.5158,13.7336,29.5799,34.0097,32.0528,14.0368,34.0324,0.532,14.0792,31.0376,31.1715,29.9078,15.47,16.3815],"volumeParticipation":false,"latest":{"consensus":-27.2,"control":-32.1,"force":-32.4,"direction":-18.0,"confirmation":76.8,"persistence":25.0,"assessmentRisk":16.4,"intensity":48.1,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-27.2","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-32.1","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-32.4","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-18.0","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"77/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"46.9","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"0.5%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"18.3","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"60%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price is rotating through its trend references.","series":[{"label":"Close","values":[9.1475,9.1036,9.125,9.1328,9.1397,9.164,9.1367,9.1504,9.1377,9.1553,9.1709,9.1543,9.166,9.206,9.2109,9.2431,9.246,9.2499,9.2099,9.204,9.2021,9.2284,9.205,9.1738,9.168,9.166,9.1836,9.2275,9.2411,9.2333,9.2694,9.2753,9.2948,9.3065,9.3231,9.2119,9.1367,9.0987,9.0558,9.1162,9.1738,9.246,9.195,9.196,9.213,9.165,9.222,9.288,9.241,9.265,9.265,9.317,9.309,9.272,9.231,9.208,9.209,9.258,9.236,9.21],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,9.1368,9.1417,9.1408,9.1426,9.1417,9.1441,9.149,9.15,9.1529,9.1625,9.1713,9.1844,9.1956,9.2055,9.2063,9.2059,9.2052,9.2094,9.2086,9.2023,9.196,9.1906,9.1893,9.1962,9.2044,9.2097,9.2205,9.2305,9.2422,9.2539,9.2664,9.2565,9.2347,9.21,9.182,9.17,9.1707,9.1844,9.1863,9.1881,9.1926,9.1876,9.1938,9.211,9.2164,9.2253,9.2325,9.2479,9.259,9.2613,9.2558,9.2471,9.2402,9.2434,9.2421,9.2362],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,9.1481,9.1524,9.1567,9.1631,9.1692,9.1752,9.1778,9.1797,9.1814,9.1849,9.1864,9.1854,9.1841,9.1828,9.1828,9.1862,9.1902,9.1934,9.199,9.2047,9.2114,9.2184,9.2262,9.2251,9.2186,9.2097,9.1983,9.1922,9.1908,9.1949,9.1949,9.195,9.1963,9.194,9.1961,9.2029,9.2057,9.2101,9.2142,9.2218,9.2283,9.2315,9.2315,9.2297,9.2282,9.2304,9.2308,9.2293],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,9.1715,9.1778,9.178,9.1805,9.1958,9.2078,9.2273,9.242,9.2542,9.2561,9.2568,9.2596,9.2621,9.2623,9.2607,9.2593,9.2593,9.2575,9.2602,9.2626,9.2644,9.2735,9.2805,9.2914,9.3051,9.3207,9.3195,9.3227,9.3289,9.3419,9.3437,9.343,9.3447,9.3443,9.3447,9.3459,9.3459,9.3475,9.3545,9.3545,9.3577,9.3571,9.3638,9.3662,9.3611,9.3481,9.3479,9.3473,9.3453,9.3278,9.3176],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,9.1071,9.1065,9.1084,9.1093,9.1027,9.0989,9.0907,9.0862,9.0836,9.086,9.0886,9.0912,9.1013,9.1091,9.1148,9.1189,9.1191,9.1257,9.1306,9.1386,9.1446,9.1453,9.1505,9.1524,9.1488,9.1443,9.1425,9.1283,9.107,9.0786,9.068,9.0659,9.0659,9.0654,9.0671,9.0705,9.0703,9.0726,9.0716,9.0716,9.0716,9.0717,9.0692,9.0683,9.07,9.0737,9.0735,9.0813,9.0992,9.1348,9.1544],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,-18.0489,-19.5284,-18.311,-16.604,-17.464,-16.9036,-18.4051,-19.1029,-17.6089],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,0.0035,0.0076,0.0111,0.0163,0.0204,0.0237,0.0228,0.0214,0.0199,0.0206,0.019,0.0151,0.0114,0.0082,0.007,0.0095,0.0124,0.0139,0.0178,0.0212,0.0251,0.0288,0.0327,0.0266,0.0154,0.0035,-0.0093,-0.0144,-0.0137,-0.0072,-0.0061,-0.005,-0.0028,-0.0049,-0.0019,0.0057,0.0079,0.0114,0.014,0.0201,0.0239,0.0237,0.02,0.0151,0.0111,0.0118,0.0104,0.0072],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0103,0.013,0.015,0.0162,0.017,0.0177,0.018,0.0174,0.0162,0.0146,0.0131,0.0123,0.0124,0.0127,0.0137,0.0152,0.0172,0.0195,0.0222,0.023,0.0215,0.0179,0.0125,0.0071,0.0029,0.0009,-0.0005,-0.0014,-0.0017,-0.0023,-0.0022,-0.0007,0.0011,0.0031,0.0053,0.0083,0.0114,0.0139,0.0151,0.0151,0.0143,0.0138,0.0131,0.0119],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0101,0.0107,0.0079,0.0052,0.0029,0.0029,0.0011,-0.0023,-0.0048,-0.0064,-0.0061,-0.0029,0.0,0.0013,0.0041,0.006,0.0079,0.0093,0.0106,0.0035,-0.0061,-0.0144,-0.0218,-0.0215,-0.0166,-0.0081,-0.0056,-0.0037,-0.0012,-0.0026,0.0003,0.0064,0.0068,0.0083,0.0087,0.0118,0.0125,0.0099,0.005,-0.0,-0.0032,-0.002,-0.0027,-0.0048],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,18.5391,17.7136,17.5454,17.0082,17.1784,17.4273,18.3853,19.452,20.8288,20.2714,20.9694,22.1708,23.9459,25.5942,24.9598,24.2021,23.4984,23.5598,22.9366,22.4599,21.5903,20.5752,19.5482,18.8978,18.3134,18.6361,18.7017,17.8391,16.9049,16.8654,16.6253,17.0212,17.3889,18.2677],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,21.2802,22.6956,30.5863,30.4316,28.454,25.6005,23.2635,21.3725,20.0101,18.8981,16.9534,16.137,15.1986,18.8663,22.9297,25.8326,23.8738,26.3827,25.9869,30.0537,30.7854,33.4144,25.1478,20.549,17.1949,14.1365,12.2804,20.6978,19.4754,18.2475,16.9651,19.0705,17.9719,18.5702,24.4138,23.0436,24.0793,23.8947,28.3503,27.9962,26.4541,24.9013,23.2188,23.347,20.022,19.1546,17.9651],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,14.9084,13.9797,12.2966,11.5618,12.4952,17.5391,19.361,17.7872,16.6533,16.1909,24.8153,23.6203,24.5729,22.3861,19.9365,18.9537,19.5237,17.8125,17.0868,15.8862,15.3977,14.7585,32.6805,38.1988,38.0846,39.2311,34.0802,29.0045,26.0018,24.3623,27.8912,25.7142,24.9529,22.8284,21.0585,20.3543,19.5257,19.2697,17.8111,18.8377,23.1669,27.3906,32.2968,30.6366,31.4276,30.0661,33.139],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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,0.3067,0.3036,0.3194,0.3153,0.313,0.3245,0.3318,0.3354,0.3317,0.3269,0.3396,0.3315,0.3269,0.3325,0.3451,0.3365,0.3384,0.3431,0.3319,0.3308,0.3165,0.3061,0.3822,0.4379,0.488,0.5538,0.588,0.6376,0.6552,0.653,0.6521,0.6556,0.6493,0.655,0.6547,0.6473,0.625,0.588,0.5874,0.5529,0.5455,0.5405,0.5396,0.5281,0.5688,0.5534,0.5495],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,0.7043,0.7802,0.7612,0.7782,1.0173,1.1899,1.4916,1.7001,1.8606,1.8542,1.8339,1.8355,1.7513,1.6679,1.5879,1.5281,1.5252,1.4341,1.4101,1.3485,1.3021,1.3924,1.4106,1.5068,1.6939,1.9105,1.9174,2.1068,2.4076,2.8582,2.9952,3.0109,3.0284,3.0302,3.0156,2.9914,2.9928,2.9845,3.0705,3.0704,3.104,3.097,3.1971,3.2322,3.1587,2.9798,2.98,2.8867,2.6685,2.0901,1.7675],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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,65.7882,48.6844,72.7274,78.2593,57.2913,69.7918,100.0,94.9586,89.0239,87.1349,89.4738,65.4968,61.9885,60.819,76.6081,62.5735,43.8594,40.351,39.1816,49.7072,76.0236,84.211,79.532,98.2954,100.0,97.0735,99.5281,100.0,34.1041,0.0,0.0,4.5296,26.1321,46.6897,72.474,54.2596,54.6167,60.6881,43.5454,63.9023,87.4734,70.6879,79.2592,79.2592,97.8304,94.9733,81.7592,67.1165,58.9024,59.2595,76.7593,68.9022,59.6166],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-0.2765,-0.4147,-0.2233,-0.2123,-0.4351,-0.3077,0.0,-0.0635,-0.1896,-0.2316,-0.1895,-0.6211,-0.6843,-0.7053,-0.4211,-0.6737,-1.0106,-1.0738,-1.0948,-0.9054,-0.4316,-0.2842,-0.3685,-0.0316,0.0,-0.0629,-0.0105,0.0,-1.193,-1.9988,-2.4069,-2.8673,-2.2185,-1.6011,-0.8267,-1.3737,-1.363,-1.1807,-1.6955,-1.0841,-0.3762,-0.8803,-0.6229,-0.6229,-0.0652,-0.151,-0.5478,-0.9876,-1.2343,-1.2236,-0.698,-0.934,-1.2129],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,0.5359,0.3966,0.6003,0.7719,0.5896,0.7183,1.1578,1.2114,1.5652,1.5973,1.6402,1.2007,1.1364,1.1149,1.4044,1.1471,0.804,0.7397,0.7183,0.9112,1.3937,1.5437,1.458,1.8546,1.919,2.1334,2.262,2.4442,0.6288,0.0,0.0,0.1403,0.8091,1.4457,2.244,1.6801,1.6911,1.8791,1.3483,1.9786,2.7085,2.1887,2.4541,2.4541,3.0292,2.9407,2.5315,2.0782,1.8238,1.8349,2.3767,2.1334,1.8459],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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/890fcdac-1616-47b7-b04c-5c22ac3d9de5/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/890fcdac-1616-47b7-b04c-5c22ac3d9de5/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/890fcdac-1616-47b7-b04c-5c22ac3d9de5/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/890fcdac-1616-47b7-b04c-5c22ac3d9de5/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/890fcdac-1616-47b7-b04c-5c22ac3d9de5/technical-pack/data.json"},"source_fingerprint":"e1747bd381138c026bcaf3d52f4170d8fa8bf21b5334968df9a82d623e01e34f","content_hash":"d2a1827fa7b22f47ee03eade5626fa5801ba9eabc892859251da863a3ea2481b","citation":"Sharemaestro, BP15 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/890fcdac-1616-47b7-b04c-5c22ac3d9de5/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."}