{"schema_version":"1.0","name":"USE3 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"97ca44d9-a47b-402c-9761-e130fe81ec73","symbol":"USE3","name":"WisdomTree Short USD Long EUR 3x Daily","exchange":"AMS","country":"NL","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Directional strength and control, Drawdown and recovery pressure, Activity pressure and cumulative balance, Acceleration, deceleration and rollover, 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":57,"displayedObservations":57,"assetType":"ETF","state":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","evidenceAlignment":{"status":"Underlying strength ahead of price","headline":"Market Dynamics is improving before price has fully responded","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","take":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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","2026-06-12","2026-06-19","2026-06-26","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"values":[-0.56618,-0.773359,-0.87437,-0.924813,-0.921449,-0.877477,-0.696671,-0.548538,-0.516195,-0.470734,-0.496958,-0.445255,-0.243318,-0.080341,0.08203,0.202689,0.192303,0.177063,0.20373,0.170919,0.209568,0.270494,0.131299,0.068274,-0.124193,-0.213902,-0.160959,-0.032868,0.184495],"opens":[7.545,7.967,8.022,7.984,7.956,7.847,7.637,7.317,7.099,7.244,7.159,7.233,7.532,7.652,7.536,7.563,7.645,7.356,7.359,7.114,7.281,6.987,6.934,6.942,6.926,6.858,7.067,7.11,7.183],"highs":[7.752,8.25,8.022,8.041,7.964,7.857,7.722,7.511,7.321,7.425,7.407,7.55,7.805,7.685,7.557,7.661,7.678,7.407,7.444,7.239,7.295,7.001,6.934,6.942,6.926,7.076,7.147,7.159,7.383],"lows":[7.511,7.967,7.807,7.933,7.746,7.773,7.291,7.086,7.099,7.2,7.098,7.2,7.522,7.51,7.458,7.455,7.337,7.28,7.307,7.114,6.991,6.748,6.918,6.918,6.798,6.781,7.027,7.044,7.142],"closes":[7.811,8.022,7.878,7.974,7.789,7.852,7.336,7.089,7.306,7.226,7.266,7.529,7.733,7.536,7.567,7.644,7.344,7.303,7.431,7.238,7.014,6.883,6.921,6.932,6.824,7.028,7.121,7.157,7.328],"hoverRows":[[{"label":"Open","value":"7.54","className":"is-ohlc","compact":true},{"label":"High","value":"7.75","className":"is-ohlc","compact":true},{"label":"Low","value":"7.51","className":"is-ohlc","compact":true},{"label":"Close","value":"7.81","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":"7.97","className":"is-ohlc","compact":true},{"label":"High","value":"8.25","className":"is-ohlc","compact":true},{"label":"Low","value":"7.97","className":"is-ohlc","compact":true},{"label":"Close","value":"8.02","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.77","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.02","className":"is-ohlc","compact":true},{"label":"High","value":"8.02","className":"is-ohlc","compact":true},{"label":"Low","value":"7.81","className":"is-ohlc","compact":true},{"label":"Close","value":"7.88","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.87","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.98","className":"is-ohlc","compact":true},{"label":"High","value":"8.04","className":"is-ohlc","compact":true},{"label":"Low","value":"7.93","className":"is-ohlc","compact":true},{"label":"Close","value":"7.97","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.92","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.96","className":"is-ohlc","compact":true},{"label":"High","value":"7.96","className":"is-ohlc","compact":true},{"label":"Low","value":"7.75","className":"is-ohlc","compact":true},{"label":"Close","value":"7.79","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.92","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.85","className":"is-ohlc","compact":true},{"label":"High","value":"7.86","className":"is-ohlc","compact":true},{"label":"Low","value":"7.77","className":"is-ohlc","compact":true},{"label":"Close","value":"7.85","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.88","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.64","className":"is-ohlc","compact":true},{"label":"High","value":"7.72","className":"is-ohlc","compact":true},{"label":"Low","value":"7.29","className":"is-ohlc","compact":true},{"label":"Close","value":"7.34","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.70","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.32","className":"is-ohlc","compact":true},{"label":"High","value":"7.51","className":"is-ohlc","compact":true},{"label":"Low","value":"7.09","className":"is-ohlc","compact":true},{"label":"Close","value":"7.09","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.55","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.10","className":"is-ohlc","compact":true},{"label":"High","value":"7.32","className":"is-ohlc","compact":true},{"label":"Low","value":"7.10","className":"is-ohlc","compact":true},{"label":"Close","value":"7.31","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.52","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.24","className":"is-ohlc","compact":true},{"label":"High","value":"7.42","className":"is-ohlc","compact":true},{"label":"Low","value":"7.20","className":"is-ohlc","compact":true},{"label":"Close","value":"7.23","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.47","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.16","className":"is-ohlc","compact":true},{"label":"High","value":"7.41","className":"is-ohlc","compact":true},{"label":"Low","value":"7.10","className":"is-ohlc","compact":true},{"label":"Close","value":"7.27","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.50","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.23","className":"is-ohlc","compact":true},{"label":"High","value":"7.55","className":"is-ohlc","compact":true},{"label":"Low","value":"7.20","className":"is-ohlc","compact":true},{"label":"Close","value":"7.53","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.45","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.53","className":"is-ohlc","compact":true},{"label":"High","value":"7.80","className":"is-ohlc","compact":true},{"label":"Low","value":"7.52","className":"is-ohlc","compact":true},{"label":"Close","value":"7.73","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.24","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.65","className":"is-ohlc","compact":true},{"label":"High","value":"7.68","className":"is-ohlc","compact":true},{"label":"Low","value":"7.51","className":"is-ohlc","compact":true},{"label":"Close","value":"7.54","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.08","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.54","className":"is-ohlc","compact":true},{"label":"High","value":"7.56","className":"is-ohlc","compact":true},{"label":"Low","value":"7.46","className":"is-ohlc","compact":true},{"label":"Close","value":"7.57","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.08","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.56","className":"is-ohlc","compact":true},{"label":"High","value":"7.66","className":"is-ohlc","compact":true},{"label":"Low","value":"7.46","className":"is-ohlc","compact":true},{"label":"Close","value":"7.64","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.20","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.64","className":"is-ohlc","compact":true},{"label":"High","value":"7.68","className":"is-ohlc","compact":true},{"label":"Low","value":"7.34","className":"is-ohlc","compact":true},{"label":"Close","value":"7.34","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.19","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.36","className":"is-ohlc","compact":true},{"label":"High","value":"7.41","className":"is-ohlc","compact":true},{"label":"Low","value":"7.28","className":"is-ohlc","compact":true},{"label":"Close","value":"7.30","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.18","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.36","className":"is-ohlc","compact":true},{"label":"High","value":"7.44","className":"is-ohlc","compact":true},{"label":"Low","value":"7.31","className":"is-ohlc","compact":true},{"label":"Close","value":"7.43","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.20","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.11","className":"is-ohlc","compact":true},{"label":"High","value":"7.24","className":"is-ohlc","compact":true},{"label":"Low","value":"7.11","className":"is-ohlc","compact":true},{"label":"Close","value":"7.24","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.17","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.28","className":"is-ohlc","compact":true},{"label":"High","value":"7.29","className":"is-ohlc","compact":true},{"label":"Low","value":"6.99","className":"is-ohlc","compact":true},{"label":"Close","value":"7.01","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.21","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.99","className":"is-ohlc","compact":true},{"label":"High","value":"7.00","className":"is-ohlc","compact":true},{"label":"Low","value":"6.75","className":"is-ohlc","compact":true},{"label":"Close","value":"6.88","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.27","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.93","className":"is-ohlc","compact":true},{"label":"High","value":"6.93","className":"is-ohlc","compact":true},{"label":"Low","value":"6.92","className":"is-ohlc","compact":true},{"label":"Close","value":"6.92","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.13","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.94","className":"is-ohlc","compact":true},{"label":"High","value":"6.94","className":"is-ohlc","compact":true},{"label":"Low","value":"6.92","className":"is-ohlc","compact":true},{"label":"Close","value":"6.93","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.07","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.93","className":"is-ohlc","compact":true},{"label":"High","value":"6.93","className":"is-ohlc","compact":true},{"label":"Low","value":"6.80","className":"is-ohlc","compact":true},{"label":"Close","value":"6.82","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.12","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.86","className":"is-ohlc","compact":true},{"label":"High","value":"7.08","className":"is-ohlc","compact":true},{"label":"Low","value":"6.78","className":"is-ohlc","compact":true},{"label":"Close","value":"7.03","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":"7.07","className":"is-ohlc","compact":true},{"label":"High","value":"7.15","className":"is-ohlc","compact":true},{"label":"Low","value":"7.03","className":"is-ohlc","compact":true},{"label":"Close","value":"7.12","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.16","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.11","className":"is-ohlc","compact":true},{"label":"High","value":"7.16","className":"is-ohlc","compact":true},{"label":"Low","value":"7.04","className":"is-ohlc","compact":true},{"label":"Close","value":"7.16","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.03","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.18","className":"is-ohlc","compact":true},{"label":"High","value":"7.38","className":"is-ohlc","compact":true},{"label":"Low","value":"7.14","className":"is-ohlc","compact":true},{"label":"Close","value":"7.33","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.18","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[6.75212,8.09388],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.184495,"state":"Positive Market Dynamics ahead of price","context":{"scenario":"dynamicsAhead","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"diagnosis":{"label":"Underlying strength ahead of price","detail":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","annotations":[{"label":"Current tape relationship","value":"Underlying strength ahead of price","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Leading price","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":29,"relationship":{"sameWeekCorrelation":-0.11,"forwardCorrelation":0.13,"directionalAgreement":45.8,"sample":24,"correlationSample":28,"label":"Variable relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1.0,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":4.7,"averageReturn":4.7,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.8,"sample":2},{"week":2,"averageReturn":2.5,"sample":2},{"week":3,"averageReturn":2.0,"sample":2},{"week":4,"averageReturn":4.7,"sample":2},{"week":5,"averageReturn":3.5,"sample":1},{"week":6,"averageReturn":4.0,"sample":1},{"week":7,"averageReturn":6.5,"sample":1},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1.0,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-6.6,"averageReturn":-6.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-5.1,"averageReturn":-5.1,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-10.8,"averageReturn":-10.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-2.1,"sample":2},{"week":2,"averageReturn":-1.1,"sample":2},{"week":3,"averageReturn":-5.5,"sample":2},{"week":4,"averageReturn":-6.6,"sample":2},{"week":5,"averageReturn":-8.5,"sample":2},{"week":6,"averageReturn":-10.5,"sample":2},{"week":7,"averageReturn":-8.9,"sample":2},{"week":8,"averageReturn":-7.8,"sample":2},{"week":9,"averageReturn":-6.2,"sample":2},{"week":10,"averageReturn":-5.8,"sample":2},{"week":11,"averageReturn":-4.4,"sample":2},{"week":12,"averageReturn":-5.1,"sample":2},{"week":13,"averageReturn":-6.8,"sample":2},{"week":14,"averageReturn":-6.6,"sample":2},{"week":15,"averageReturn":-7.6,"sample":2},{"week":16,"averageReturn":-9.1,"sample":2},{"week":17,"averageReturn":-9.7,"sample":2},{"week":18,"averageReturn":-11.7,"sample":2},{"week":19,"averageReturn":-12.9,"sample":2},{"week":20,"averageReturn":-13.6,"sample":2},{"week":21,"averageReturn":-14.1,"sample":2},{"week":22,"averageReturn":-12.7,"sample":2},{"week":23,"averageReturn":-12.8,"sample":2},{"week":24,"averageReturn":-11.3,"sample":2},{"week":25,"averageReturn":-9.7,"sample":2},{"week":26,"averageReturn":-10.8,"sample":1}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":1.0,"averageExpectedMove":1.0,"averageWeeksToLargestMove":1.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-1.8,"medianReturn":-1.8,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-5.9,"medianReturn":-5.9,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.0,"sample":1},{"week":2,"averageReturn":-2.9,"sample":1},{"week":3,"averageReturn":-3.5,"sample":1},{"week":4,"averageReturn":-1.8,"sample":1},{"week":5,"averageReturn":-4.3,"sample":1},{"week":6,"averageReturn":-7.3,"sample":1},{"week":7,"averageReturn":-9.0,"sample":1},{"week":8,"averageReturn":-8.5,"sample":1},{"week":9,"averageReturn":-8.4,"sample":1},{"week":10,"averageReturn":-9.8,"sample":1},{"week":11,"averageReturn":-7.1,"sample":1},{"week":12,"averageReturn":-5.9,"sample":1},{"week":13,"averageReturn":-5.4,"sample":1},{"week":14,"averageReturn":-3.2,"sample":1},{"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}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":9.0,"averageExpectedMove":9.0,"averageWeeksToLargestMove":3.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":0.6,"medianReturn":0.6,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-5.7,"medianReturn":-5.7,"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":1.9,"sample":2},{"week":2,"averageReturn":-0.7,"sample":2},{"week":3,"averageReturn":-2.1,"sample":2},{"week":4,"averageReturn":0.6,"sample":2},{"week":5,"averageReturn":-7.2,"sample":1},{"week":6,"averageReturn":-6.7,"sample":1},{"week":7,"averageReturn":-3.3,"sample":1},{"week":8,"averageReturn":-0.7,"sample":1},{"week":9,"averageReturn":-3.2,"sample":1},{"week":10,"averageReturn":-2.9,"sample":1},{"week":11,"averageReturn":-1.9,"sample":1},{"week":12,"averageReturn":-5.7,"sample":1},{"week":13,"averageReturn":-6.2,"sample":1},{"week":14,"averageReturn":-4.6,"sample":1},{"week":15,"averageReturn":-7.1,"sample":1},{"week":16,"averageReturn":-9.9,"sample":1},{"week":17,"averageReturn":-11.6,"sample":1},{"week":18,"averageReturn":-11.1,"sample":1},{"week":19,"averageReturn":-11.0,"sample":1},{"week":20,"averageReturn":-12.4,"sample":1},{"week":21,"averageReturn":-9.8,"sample":1},{"week":22,"averageReturn":-8.6,"sample":1},{"week":23,"averageReturn":-8.1,"sample":1},{"week":24,"averageReturn":-5.9,"sample":1},{"week":25,"sample":0},{"week":26,"sample":0}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":8.6,"averageExpectedMove":8.6,"averageWeeksToLargestMove":10.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":1.5,"medianReturn":1.5,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-7.9,"medianReturn":-7.9,"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":2.0,"sample":2},{"week":2,"averageReturn":1.0,"sample":2},{"week":3,"averageReturn":2.4,"sample":2},{"week":4,"averageReturn":1.5,"sample":1},{"week":5,"averageReturn":-2.5,"sample":1},{"week":6,"averageReturn":-3.0,"sample":1},{"week":7,"averageReturn":-1.3,"sample":1},{"week":8,"averageReturn":-3.9,"sample":1},{"week":9,"averageReturn":-6.8,"sample":1},{"week":10,"averageReturn":-8.6,"sample":1},{"week":11,"averageReturn":-8.1,"sample":1},{"week":12,"averageReturn":-7.9,"sample":1},{"week":13,"averageReturn":-9.4,"sample":1},{"week":14,"averageReturn":-6.7,"sample":1},{"week":15,"averageReturn":-5.4,"sample":1},{"week":16,"averageReturn":-4.9,"sample":1},{"week":17,"averageReturn":-2.7,"sample":1},{"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}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":1.2,"averageExpectedMove":1.2,"averageWeeksToLargestMove":2.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-4.5,"medianReturn":-4.5,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-0.2,"medianReturn":-0.2,"confidenceLow":0.0,"confidenceHigh":79.3,"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":1},{"week":2,"averageReturn":1.2,"sample":1},{"week":3,"averageReturn":-1.4,"sample":1},{"week":4,"averageReturn":-4.5,"sample":1},{"week":5,"averageReturn":-6.3,"sample":1},{"week":6,"averageReturn":-5.8,"sample":1},{"week":7,"averageReturn":-5.6,"sample":1},{"week":8,"averageReturn":-7.1,"sample":1},{"week":9,"averageReturn":-4.3,"sample":1},{"week":10,"averageReturn":-3.0,"sample":1},{"week":11,"averageReturn":-2.5,"sample":1},{"week":12,"averageReturn":-0.2,"sample":1},{"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}]}},"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 strength ahead of price","tone":"caution","headline":"Underlying strength is leading price","use":"A positive price response is needed before the early upside case is confirmed.","confirm":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":0.0,"averageReturn":-0.2,"sample":1},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 0.0% of comparable cases moved higher after 12 weeks, with an average move of -0.2% across 1 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use distribution to protect capital before considering the short case","tone":"negative","finding":"After distribution, 100.0% of completed 12-week outcomes were lower across 2 cases. Distinct visits lasted 1.0 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 1.2% across 1 completed cases, with the largest move arriving after 2.0 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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","2026-06-12","2026-06-19","2026-06-26","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,7.625,7.503,7.811,8.022,7.878,7.974,7.789,7.852,7.336,7.089,7.306,7.226,7.266,7.529,7.733,7.536,7.567,7.644,7.344,7.303,7.431,7.238,7.014,6.883,6.921,6.932,6.824,7.028,7.121,7.157,7.328],"consensus":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-85.1892,-83.1261,-17.6604,-47.5778,-49.2338,-28.9038,-60.8518,-29.7642,-77.4386,-85.2176,-8.9534,-62.8309,-26.2043,16.9072,21.9462,-33.7531,0.0,11.044,-59.1512,-37.8712,0.0,-26.2273,-66.0692,-48.7482,-36.9875,-27.32,-47.1443,22.193,19.1997,23.9331,52.9204],"supportDates":["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","2026-06-12","2026-06-19","2026-06-26","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-70.036,-81.3618,-6.9937,-37.7503,-64.6454,-37.4611,-72.946,-13.2621,-87.5444,-84.5213,-3.7309,-60.7182,-25.8661,13.5967,12.1496,-57.0085,0.0,7.4413,-67.9413,-48.2123,0.0,-17.3597,-71.8971,-46.6323,-42.9259,-26.6542,-59.5744,15.5517,12.4651,17.9276,41.8925],"force":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-100.0,-67.5027,-51.8868,-0.5135,-13.8318,-14.2869,-29.2905,-9.7717,-51.5767,-88.7468,-65.4496,-50.2273,-12.1747,71.4361,67.267,-31.8365,0.0,31.3895,-70.4429,-22.5958,0.0,-21.7433,-87.1318,-52.9357,-13.3972,-6.2839,-34.8316,65.4075,34.0373,32.126,71.4682],"direction":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-91.928,-96.3022,-95.5132,-92.4267,-56.9077,-49.9744,-69.5736,-76.8636,-84.3618,-83.4924,-76.5948,-74.2479,-54.0044,18.2586,0.7704,-8.5445,0.0,0.6289,-41.0399,-36.9638,0.0,-39.5647,-44.364,-48.1752,-47.0511,-43.1068,-41.7332,1.0845,16.2981,24.9445,52.2752],"intensity":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,96.2963,92.8571,93.1034,86.6667,83.871,84.375,78.7879,94.1176,85.7143,80.5556,70.2703,68.4211,87.1795,90.0,75.6098,71.4286,62.7907,86.3636,84.4444,69.5652,74.4681,77.0833,85.7143,66.0,50.9804,59.6154,71.1538,78.8462,46.1538,75.0],"confirmation":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,95.9428,94.1511,16.4687,59.2737,82.4411,33.5171,86.3264,33.3224,91.8382,95.3878,15.5494,87.754,32.4848,33.6844,53.8866,78.3882,25.6936,26.8757,87.1386,79.4957,6.771,76.3912,89.6952,83.7593,79.0266,53.4448,82.5215,54.0847,74.6987,75.9998,85.6678],"persistence":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,12.5,25.0,37.5,50.0,62.5,75.0,87.5,100.0,100.0,100.0,100.0,100.0,100.0,75.0,50.0,50.0,37.5,12.5,12.5,12.5,0.0,25.0,50.0,50.0,62.5,87.5,87.5,62.5,50.0,25.0,0.0],"assessmentRisk":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,7.3504,8.3945,41.0857,26.0789,36.7424,35.9407,29.35,6.6545,14.4439,7.5695,17.4701,4.1622,9.6929,39.4972,36.5887,61.1275,41.6943,19.2594,17.5384,20.5394,29.2018,35.8228,14.6264,24.9726,31.2795,33.8481,19.5964,26.9205,34.5402,33.8043,23.4101],"volumeParticipation":true,"latest":{"consensus":52.9,"control":41.9,"force":71.5,"direction":52.3,"confirmation":85.7,"persistence":0.0,"assessmentRisk":23.4,"intensity":75.0,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the upward view","summary":"The completed evidence gives the upward view the clearer support.","take":"Current assessment: upward pressure has the stronger support.","tone":"positive","supportedView":"Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is easing","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+52.9","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+41.9","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+71.5","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+52.3","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"86/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"41.3","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"2.9%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"57.3","detail":"Directional","tone":"positive"},{"label":"Range position","value":"45%","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":[11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,7.625,7.503,7.811,8.022,7.878,7.974,7.789,7.852,7.336,7.089,7.306,7.226,7.266,7.529,7.733,7.536,7.567,7.644,7.344,7.303,7.431,7.238,7.014,6.883,6.921,6.932,6.824,7.028,7.121,7.157,7.328],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,10.7275,10.1413,9.7176,9.4093,9.1309,8.9205,8.7148,8.5579,8.3358,8.1091,7.9631,7.8291,7.7267,7.6907,7.6984,7.6689,7.6504,7.6492,7.5937,7.5409,7.5209,7.4695,7.3866,7.2951,7.2271,7.1734,7.1099,7.095,7.0997,7.1101,7.1497],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.1361,10.867,10.6406,10.4467,10.2564,10.0873,9.9171,9.7641,9.5842,9.3994,9.2443,9.0948,8.9594,8.8534,8.7704,8.679,8.5966,8.526,8.4385,8.3544,8.286,8.2084,8.1199,8.0283,7.9462,7.8711,7.7935,7.7368,7.6912,7.6517,7.6277],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,12.8803,13.3438,13.546,13.6283,13.6703,13.6518,13.6072,13.5161,13.4241,13.303,13.1167,12.8895,12.6132,12.281,11.8976,11.4574,10.9423,10.3237,9.521,8.0918,8.0846,8.0891,8.0809,8.0329,7.9927,7.9118,7.8691,7.779,7.7702,7.7703,7.772],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,11.417,9.5745,8.7196,8.1568,7.735,7.3391,7.0133,6.6951,6.4297,6.1136,5.8019,5.5771,5.3852,5.2464,5.1898,5.2048,5.2569,5.387,5.6283,6.0237,7.0415,7.0293,6.9983,6.9268,6.8609,6.8054,6.7821,6.7283,6.736,6.7233,6.73,6.7305],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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","2026-06-12","2026-06-19","2026-06-26","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,null,null,null,null,null,null,null,null,null,null,null,null,null,83.6875,81.1435,78.7979,76.6962,74.2897,72.2567,70.4661,68.6219,67.2589,66.1993,65.5839,65.0125,64.4355,64.0919,62.8885,61.3711,59.8925,57.2996],"stroke":"#10243b","width":2.0},{"label":"Positive direction","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,0.0,0.0,2.4604,15.1623,14.2991,14.1818,13.2924,12.9697,11.0418,9.8475,9.2588,11.4311,10.517,13.2135,18.7369,17.6603,17.1882,19.0702,17.3246,16.7111,17.0982,15.5671,14.2494,13.1967,12.9984,13.1521,12.5805,16.1552,17.8461,17.5571,23.6546],"stroke":"#07865c","width":1.6},{"label":"Negative direction","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,100.0,98.9921,92.2536,81.6949,81.2807,77.6706,77.9432,76.0509,77.5177,74.3505,69.9056,65.7973,63.1753,57.5605,53.4258,50.6654,50.7151,47.8486,46.6362,46.5741,44.6822,46.1329,45.6527,49.0288,48.2922,47.9273,49.7364,45.0903,43.3176,41.6286,38.2616],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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","2026-06-12","2026-06-19","2026-06-26","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"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":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-33.2136,-34.2822,-31.5845,-29.7364,-30.9976,-30.1568,-31.7772,-31.2254,-35.7449,-37.9084,-36.0077,-36.7084,-36.3581,-34.0545,-32.2677,-33.9932,-33.7216,-33.0472,-35.6749,-36.034,-34.9128,-36.6033,-38.5653,-39.7127,-39.3799,-39.2835,-40.2295,-38.4427,-37.6281,-37.3128,-35.815],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,4.105,6.9172,4.998,6.2775,3.8118,4.6515,0.0,0.0,3.0611,1.9326,2.4968,6.2068,9.0845,6.3055,6.7428,7.829,3.5971,3.0188,4.8244,2.1018,0.0,0.0,0.5521,0.7119,0.0,2.9894,4.3523,4.8798,7.3857],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-06-12","2026-06-19","2026-06-26","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,2000.0,1896.4367,1157.7414,536.9701,128.9109,273.2236,353.7323,293.1721,444.4599,577.9266,192.0321,198.4692,105.272,99.9281,145.5601,62.8603,37.8417,66.0078,68.763,16.3773,85.2377,60.7715,162.7491,146.2232,0.7889,23.2263,25.2502,93.5032,47.0128,96.439,134.8716],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","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,65.0,65.0,113.1099,135.0,128.7184,135.0,115.7678,134.4452,98.0389,65.0,77.4969,65.0,72.6267,80.2471,92.2185,86.8808,90.156,96.064,89.6903,88.1597,96.4554,90.6766,75.1454,65.0,65.0682,67.0367,65.0,72.6032,76.1384,82.2964,90.7646],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-06-12","2026-06-19","2026-06-26","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,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-0.3025,-0.5458,-0.7056,-0.8059,-0.8869,-0.9325,-0.9724,-0.9875,-1.0293,-1.07,-1.0724,-1.0684,-1.0499,-1.0025,-0.9376,-0.8919,-0.8434,-0.7896,-0.7624,-0.7357,-0.6962,-0.6727,-0.6645,-0.6609,-0.6476,-0.6288,-0.6156,-0.582,-0.5416,-0.5009,-0.4496],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-0.0605,-0.1576,-0.2672,-0.3749,-0.4773,-0.5683,-0.6491,-0.7168,-0.7793,-0.8374,-0.8844,-0.9212,-0.947,-0.9581,-0.954,-0.9416,-0.9219,-0.8955,-0.8688,-0.8422,-0.813,-0.7849,-0.7608,-0.7409,-0.7222,-0.7035,-0.6859,-0.6652,-0.6404,-0.6125,-0.5799],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-0.242,-0.3882,-0.4384,-0.431,-0.4095,-0.3641,-0.3232,-0.2707,-0.25,-0.2325,-0.1879,-0.1472,-0.103,-0.0444,0.0163,0.0497,0.0786,0.1059,0.1064,0.1065,0.1168,0.1123,0.0964,0.08,0.0746,0.0747,0.0703,0.0832,0.0989,0.1117,0.1303],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-06-12","2026-06-19","2026-06-26","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,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0,-0.2305,7.6805,13.0824,9.3958,11.8536,7.1173,8.7302,1.0906,0.0693,5.0797,3.2325,4.1561,10.2286,14.9388,10.3902,11.106,12.8839,5.9571,5.0104,7.9658,3.5096,0.5197,2.8914,3.7053,3.9409,5.0599,18.6418,24.8336,31.6319,44.8569],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-33.2136,-34.2822,-31.5845,-29.7364,-30.9976,-30.1568,-31.7772,-31.2254,-35.7449,-37.9084,-36.0077,-36.7084,-36.3581,-34.0545,-32.2677,-33.9932,-33.7216,-33.0472,-35.6749,-36.034,-34.9128,-36.6033,-38.5653,-39.7127,-39.3799,-39.2835,-17.2848,-14.8121,-13.6848,-10.9937,-8.8671],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-0.1198,3.9941,6.8034,4.8862,6.1643,3.7012,4.54,0.6172,0.0423,3.1047,1.9757,2.5402,6.2518,9.1307,6.3506,6.788,7.8747,3.641,3.0624,4.8688,2.1451,0.329,2.0006,2.5637,2.7267,1.1263,4.1494,5.5276,6.0611,8.5951],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-06-12","2026-06-19","2026-06-26","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/97ca44d9-a47b-402c-9761-e130fe81ec73/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/97ca44d9-a47b-402c-9761-e130fe81ec73/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/97ca44d9-a47b-402c-9761-e130fe81ec73/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/97ca44d9-a47b-402c-9761-e130fe81ec73/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/97ca44d9-a47b-402c-9761-e130fe81ec73/technical-pack/data.json"},"source_fingerprint":"91ed61f8238f956e18a00ed0396602a4c4d938101e4143f2ab4b1ec3f7bc75bc","content_hash":"951b523057f448d809c7cb38da4b12cc040460e60d69cd88eb7e9cdf9114e3a9","citation":"Sharemaestro, USE3 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/97ca44d9-a47b-402c-9761-e130fe81ec73/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."}