{"schema_version":"1.0","name":"PNL Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"a6f58648-9bb8-481c-91b4-4a6cdbc0e304","symbol":"PNL","name":"PostNL N.V.","exchange":"AMS","country":"NL","asset_type":"equity","currency":"EUR","sector":"Industrials","industry":"Integrated Freight & Logistics"},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price structure remains downward.","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, Drawdown and recovery pressure, Strength versus the research benchmark, Range pressure and compression, Range position and boundary pressure, Acceleration, deceleration and rollover."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price structure remains downward.","evidenceAlignment":{"status":"Countertrend conflict","headline":"Improving Market Dynamics is challenging the downward price structure","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price structure remains downward.","take":"This is an early challenge rather than a confirmed reversal. Price must respond to the improvement before the downward technical state can be considered resolved.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[0.177299,-0.030754,-0.277619,-0.41867,-0.574535,-0.492293,-0.421815,-0.298351,-0.313302,-0.608517,-0.867731,-1.111682,-1.149413,-1.257353,-1.267199,-1.271233,-1.271358,-1.108069,-0.962216,-0.788122,-0.708349,-0.486944,-0.33987,-0.210278,0.069671,0.237573,0.467773,0.630247,0.645194,0.517227,0.30385,0.162654,-0.037129,-0.124499,-0.037518,-0.000104,0.050604,-0.023679,-0.273275,-0.494842,-0.306874,-0.214484,0.014843,0.093095,0.019956,0.360347,0.652671,1.000786,1.37556,1.304459,1.309449,1.169905,0.999659,0.945536,0.893937,1.114215,1.111874,1.327717,1.465449,1.364098,1.232543,0.9134,0.386318,0.088247,-0.225433,-0.438115,-0.358355,-0.34152,-0.163866,-0.004285,0.072651,0.263134,0.527758,0.903558,1.096381,1.400114,1.546945,1.51545,1.450162,1.279444,0.920589,0.506412,0.159704,-0.352448,-0.580523,-0.685611,-0.626041,-0.584946,-0.638515,-0.716028,-0.968196,-1.045747,-1.079008,-1.208603,-1.16928,-1.311867,-1.462691,-1.444327,-1.514943,-1.417919,-1.340827,-1.247654,-0.942068,-0.758516],"opens":[1.132215,1.15349,1.147015,1.119265,1.119265,1.110015,1.170141,1.14794,1.078564,1.035089,1.018439,1.017514,0.939813,0.979588,0.934262,0.952763,0.969413,0.966638,0.939813,0.973113,1.012889,0.927787,0.92085,0.854711,0.906512,0.958313,0.974038,0.943513,0.923162,0.925012,0.925012,0.907437,0.915762,0.860261,0.904662,0.928235,0.924379,0.855942,0.824134,0.85305,0.88004,0.918114,0.821242,0.857388,0.839556,0.877148,0.877148,0.924861,0.914258,1.022697,0.930162,0.930162,0.88004,0.963417,0.924861,0.963899,0.978357,0.931608,0.997635,1.069928,0.996671,0.975466,0.956188,0.915704,0.911366,0.923415,0.934018,0.974502,0.974502,1.012094,1.004383,1.009202,1.052578,1.079567,1.06318,1.056433,1.131617,1.204874,1.140292,1.098845,1.068964,1.055469,1.069928,1.020769,1.022697,1.074747,1.069928,1.054,1.053,0.9515,0.9435,0.955,1.01,0.9755,0.96,0.944,0.9225,0.9265,0.9365,0.925,0.909,0.899,0.92,0.91],"highs":[1.160891,1.156266,1.15719,1.128515,1.14054,1.182166,1.175691,1.15164,1.078564,1.042489,1.058214,1.017514,0.978663,0.980513,0.985138,0.975888,1.002713,0.976813,0.991613,1.011964,1.014739,0.974963,0.937963,0.922237,0.964788,0.981438,0.989763,1.034164,0.940738,0.952763,0.955538,0.935188,0.937963,0.92085,0.933054,0.952332,0.932572,0.879076,0.863171,0.896426,0.930162,0.933054,0.902209,0.876666,0.875702,0.967754,0.956188,0.939801,1.064144,1.0333,1.012094,0.930162,0.970646,0.966791,0.969682,0.987996,1.066072,1.024624,1.065108,1.08535,1.01113,0.978357,0.97161,0.991852,0.944139,0.938838,0.997635,0.999563,1.016913,1.018841,1.015949,1.049686,1.12005,1.108484,1.064144,1.156679,1.233791,1.231863,1.141256,1.182704,1.105592,1.095953,1.071856,1.088242,1.083422,1.106556,1.087,1.099,1.068,0.9655,0.9765,1.012,1.04,0.985,0.994,0.946,0.934,0.934,0.9365,0.946,0.918,0.925,0.985,0.932],"lows":[1.12759,1.130365,1.100765,1.100765,1.10539,1.10354,1.126665,1.08134,1.035089,0.986063,1.010114,0.923162,0.914375,0.925012,0.925012,0.937963,0.961088,0.928712,0.936113,0.957388,0.927787,0.919462,0.846849,0.848236,0.897262,0.940738,0.943513,0.92455,0.874137,0.903737,0.905125,0.901887,0.867199,0.841299,0.886162,0.910403,0.848713,0.810157,0.824134,0.84052,0.88004,0.780758,0.82076,0.838592,0.829917,0.863653,0.87522,0.890643,0.902691,0.895462,0.879558,0.87763,0.88004,0.920042,0.876184,0.926307,0.915704,0.922933,0.977394,0.999563,0.959561,0.943657,0.923415,0.883895,0.911366,0.907993,0.921005,0.962453,0.954742,0.972574,0.997635,1.00631,1.041975,1.023661,0.997635,1.052578,1.10752,1.103664,1.092097,1.068964,1.042939,1.046794,1.036191,1.013058,0.989924,1.036191,1.032336,1.044,0.931,0.9225,0.942,0.9485,0.981,0.967,0.96,0.923,0.916,0.915,0.9245,0.905,0.8865,0.885,0.911,0.8995],"closes":[1.157191,1.147941,1.12019,1.117415,1.113715,1.179391,1.147941,1.084115,1.047114,1.008264,1.015664,0.925937,0.974038,0.933337,0.957388,0.969413,0.967563,0.945363,0.974038,0.997163,0.929637,0.966638,0.865812,0.910212,0.959238,0.974038,0.980513,0.931487,0.923625,0.925012,0.9079,0.919,0.880149,0.884312,0.921969,0.926307,0.851123,0.821242,0.861726,0.876184,0.921487,0.830399,0.858352,0.845339,0.874256,0.882449,0.927271,0.91474,1.012094,0.895462,0.927753,0.881004,0.965827,0.930162,0.962453,0.975466,0.928717,0.995708,1.063181,0.999563,0.977394,0.954742,0.925825,0.909921,0.934018,0.931608,0.978357,0.97643,1.012094,1.004383,1.012094,1.049686,1.075711,1.079567,1.038119,1.140292,1.197162,1.135473,1.108484,1.1027,1.082458,1.070892,1.05065,1.031372,1.081495,1.073783,1.068,1.061,0.9475,0.9465,0.9615,1.006,1.007,0.967,0.9795,0.929,0.9235,0.931,0.931,0.909,0.8905,0.902,0.911,0.9145],"pressureRange":[-1.793648,1.793648],"priceRange":[0.821242,1.954669],"zones":{"accumulationBoundary":0.081858,"distributionBoundary":0.918142},"latest":-0.758516,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Underlying pressure is repairing","detail":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","annotations":[{"label":"Current tape relationship","value":"Underlying pressure is repairing","detail":"Market Dynamics improved this week but 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":"26 Dec 2025","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Repairing","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.32,"forwardCorrelation":0.14,"directionalAgreement":54.5,"sample":255,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":9,"completedEpisodes":9,"activeEpisodes":0,"averageWeeksInZone":2.3,"medianWeeksInZone":2,"averageWeeksToHigher":1.3,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":9,"expectedCount":8,"expectedPercent":88.9,"medianReturn":6.3,"averageReturn":5.4,"confidenceLow":56.5,"confidenceHigh":98.0,"confidence":"Historically consistent"},{"weeks":12,"sample":8,"expectedCount":6,"expectedPercent":75.0,"medianReturn":6.6,"averageReturn":8.3,"confidenceLow":40.9,"confidenceHigh":92.9,"confidence":"Mixed historical record"},{"weeks":26,"sample":8,"expectedCount":8,"expectedPercent":100.0,"medianReturn":17.2,"averageReturn":15.8,"confidenceLow":67.6,"confidenceHigh":100.0,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.3,"sample":9},{"week":2,"averageReturn":2.3,"sample":9},{"week":3,"averageReturn":5.4,"sample":9},{"week":4,"averageReturn":5.4,"sample":9},{"week":5,"averageReturn":4.5,"sample":8},{"week":6,"averageReturn":5.2,"sample":8},{"week":7,"averageReturn":6.7,"sample":8},{"week":8,"averageReturn":6.9,"sample":8},{"week":9,"averageReturn":7.5,"sample":8},{"week":10,"averageReturn":6.8,"sample":8},{"week":11,"averageReturn":5.2,"sample":8},{"week":12,"averageReturn":8.3,"sample":8},{"week":13,"averageReturn":7.8,"sample":8},{"week":14,"averageReturn":7.3,"sample":8},{"week":15,"averageReturn":6.1,"sample":8},{"week":16,"averageReturn":10.8,"sample":8},{"week":17,"averageReturn":10.5,"sample":8},{"week":18,"averageReturn":12.2,"sample":8},{"week":19,"averageReturn":8.8,"sample":8},{"week":20,"averageReturn":10.0,"sample":8},{"week":21,"averageReturn":10.4,"sample":8},{"week":22,"averageReturn":13.6,"sample":8},{"week":23,"averageReturn":12.6,"sample":8},{"week":24,"averageReturn":14.0,"sample":8},{"week":25,"averageReturn":14.0,"sample":8},{"week":26,"averageReturn":15.8,"sample":8}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":3.0,"medianWeeksInZone":3,"averageWeeksToLower":3.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-5.9,"averageReturn":-5.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-29.5,"averageReturn":-29.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-40.5,"averageReturn":-40.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.5,"sample":1},{"week":2,"averageReturn":3.3,"sample":1},{"week":3,"averageReturn":-2.7,"sample":1},{"week":4,"averageReturn":-5.9,"sample":1},{"week":5,"averageReturn":-9.4,"sample":1},{"week":6,"averageReturn":-12.6,"sample":1},{"week":7,"averageReturn":-16.4,"sample":1},{"week":8,"averageReturn":-20.0,"sample":1},{"week":9,"averageReturn":-16.9,"sample":1},{"week":10,"averageReturn":-32.0,"sample":1},{"week":11,"averageReturn":-28.8,"sample":1},{"week":12,"averageReturn":-29.5,"sample":1},{"week":13,"averageReturn":-30.9,"sample":1},{"week":14,"averageReturn":-33.1,"sample":1},{"week":15,"averageReturn":-33.0,"sample":1},{"week":16,"averageReturn":-32.4,"sample":1},{"week":17,"averageReturn":-34.1,"sample":1},{"week":18,"averageReturn":-35.4,"sample":1},{"week":19,"averageReturn":-36.5,"sample":1},{"week":20,"averageReturn":-39.0,"sample":1},{"week":21,"averageReturn":-35.8,"sample":1},{"week":22,"averageReturn":-39.4,"sample":1},{"week":23,"averageReturn":-41.4,"sample":1},{"week":24,"averageReturn":-36.4,"sample":1},{"week":25,"averageReturn":-37.7,"sample":1},{"week":26,"averageReturn":-40.5,"sample":1}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":13,"completedEpisodes":13,"activeEpisodes":0,"medianExpectedMove":6.8,"averageExpectedMove":11.1,"averageWeeksToLargestMove":4.9,"horizons":[{"weeks":4,"sample":13,"expectedCount":7,"expectedPercent":53.8,"averageReturn":-0.0,"medianReturn":0.1,"confidenceLow":29.1,"confidenceHigh":76.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":13,"expectedCount":6,"expectedPercent":46.2,"averageReturn":-0.9,"medianReturn":-0.9,"confidenceLow":23.2,"confidenceHigh":70.9,"confidence":"Mixed historical record"},{"weeks":26,"sample":13,"expectedCount":3,"expectedPercent":23.1,"averageReturn":-9.9,"medianReturn":-8.7,"confidenceLow":8.2,"confidenceHigh":50.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.5,"sample":13},{"week":2,"averageReturn":1.0,"sample":13},{"week":3,"averageReturn":0.6,"sample":13},{"week":4,"averageReturn":-0.0,"sample":13},{"week":5,"averageReturn":2.0,"sample":13},{"week":6,"averageReturn":2.1,"sample":13},{"week":7,"averageReturn":2.6,"sample":13},{"week":8,"averageReturn":1.3,"sample":13},{"week":9,"averageReturn":2.9,"sample":13},{"week":10,"averageReturn":1.5,"sample":13},{"week":11,"averageReturn":1.2,"sample":13},{"week":12,"averageReturn":-0.9,"sample":13},{"week":13,"averageReturn":-0.7,"sample":13},{"week":14,"averageReturn":-0.6,"sample":13},{"week":15,"averageReturn":-1.9,"sample":13},{"week":16,"averageReturn":-3.0,"sample":13},{"week":17,"averageReturn":-5.5,"sample":13},{"week":18,"averageReturn":-4.2,"sample":13},{"week":19,"averageReturn":-5.9,"sample":13},{"week":20,"averageReturn":-7.0,"sample":13},{"week":21,"averageReturn":-7.4,"sample":13},{"week":22,"averageReturn":-6.9,"sample":13},{"week":23,"averageReturn":-5.9,"sample":13},{"week":24,"averageReturn":-6.4,"sample":13},{"week":25,"averageReturn":-9.0,"sample":13},{"week":26,"averageReturn":-9.9,"sample":13}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":25,"completedEpisodes":24,"activeEpisodes":1,"medianExpectedMove":10.2,"averageExpectedMove":11.5,"averageWeeksToLargestMove":7.8,"horizons":[{"weeks":4,"sample":25,"expectedCount":12,"expectedPercent":48.0,"averageReturn":-1.1,"medianReturn":0.1,"confidenceLow":30.0,"confidenceHigh":66.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":24,"expectedCount":19,"expectedPercent":79.2,"averageReturn":-4.4,"medianReturn":-5.7,"confidenceLow":59.5,"confidenceHigh":90.8,"confidence":"Historically consistent"},{"weeks":26,"sample":22,"expectedCount":15,"expectedPercent":68.2,"averageReturn":-9.9,"medianReturn":-11.8,"confidenceLow":47.3,"confidenceHigh":83.6,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.2,"sample":25},{"week":2,"averageReturn":-0.2,"sample":25},{"week":3,"averageReturn":-0.1,"sample":25},{"week":4,"averageReturn":-1.1,"sample":25},{"week":5,"averageReturn":-2.7,"sample":25},{"week":6,"averageReturn":-3.6,"sample":25},{"week":7,"averageReturn":-3.6,"sample":25},{"week":8,"averageReturn":-2.7,"sample":25},{"week":9,"averageReturn":-3.8,"sample":24},{"week":10,"averageReturn":-5.5,"sample":24},{"week":11,"averageReturn":-4.4,"sample":24},{"week":12,"averageReturn":-4.4,"sample":24},{"week":13,"averageReturn":-4.5,"sample":24},{"week":14,"averageReturn":-4.3,"sample":24},{"week":15,"averageReturn":-4.6,"sample":24},{"week":16,"averageReturn":-4.9,"sample":23},{"week":17,"averageReturn":-6.4,"sample":23},{"week":18,"averageReturn":-5.6,"sample":23},{"week":19,"averageReturn":-7.7,"sample":23},{"week":20,"averageReturn":-7.0,"sample":23},{"week":21,"averageReturn":-7.0,"sample":22},{"week":22,"averageReturn":-7.2,"sample":22},{"week":23,"averageReturn":-7.7,"sample":22},{"week":24,"averageReturn":-7.9,"sample":22},{"week":25,"averageReturn":-11.0,"sample":22},{"week":26,"averageReturn":-9.9,"sample":22}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":23,"completedEpisodes":21,"activeEpisodes":2,"medianExpectedMove":10.9,"averageExpectedMove":12.4,"averageWeeksToLargestMove":5.6,"horizons":[{"weeks":4,"sample":22,"expectedCount":13,"expectedPercent":59.1,"averageReturn":-4.0,"medianReturn":-5.0,"confidenceLow":38.7,"confidenceHigh":76.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":21,"expectedCount":13,"expectedPercent":61.9,"averageReturn":-3.8,"medianReturn":-3.9,"confidenceLow":40.9,"confidenceHigh":79.2,"confidence":"Mixed historical record"},{"weeks":26,"sample":20,"expectedCount":15,"expectedPercent":75.0,"averageReturn":-12.4,"medianReturn":-11.5,"confidenceLow":53.1,"confidenceHigh":88.8,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-2.4,"sample":22},{"week":2,"averageReturn":-4.2,"sample":22},{"week":3,"averageReturn":-4.4,"sample":22},{"week":4,"averageReturn":-4.0,"sample":22},{"week":5,"averageReturn":-4.3,"sample":22},{"week":6,"averageReturn":-4.3,"sample":22},{"week":7,"averageReturn":-6.4,"sample":22},{"week":8,"averageReturn":-4.6,"sample":22},{"week":9,"averageReturn":-4.8,"sample":22},{"week":10,"averageReturn":-3.4,"sample":22},{"week":11,"averageReturn":-4.8,"sample":22},{"week":12,"averageReturn":-3.8,"sample":21},{"week":13,"averageReturn":-4.5,"sample":21},{"week":14,"averageReturn":-3.0,"sample":21},{"week":15,"averageReturn":-5.0,"sample":21},{"week":16,"averageReturn":-5.3,"sample":21},{"week":17,"averageReturn":-6.3,"sample":21},{"week":18,"averageReturn":-6.2,"sample":21},{"week":19,"averageReturn":-7.6,"sample":20},{"week":20,"averageReturn":-7.9,"sample":20},{"week":21,"averageReturn":-11.0,"sample":20},{"week":22,"averageReturn":-11.7,"sample":20},{"week":23,"averageReturn":-10.9,"sample":20},{"week":24,"averageReturn":-10.6,"sample":20},{"week":25,"averageReturn":-11.4,"sample":20},{"week":26,"averageReturn":-12.4,"sample":20}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":14,"completedEpisodes":14,"activeEpisodes":0,"medianExpectedMove":10.7,"averageExpectedMove":9.8,"averageWeeksToLargestMove":5.7,"horizons":[{"weeks":4,"sample":14,"expectedCount":9,"expectedPercent":64.3,"averageReturn":1.2,"medianReturn":2.6,"confidenceLow":38.8,"confidenceHigh":83.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":14,"expectedCount":6,"expectedPercent":42.9,"averageReturn":-1.3,"medianReturn":-1.5,"confidenceLow":21.4,"confidenceHigh":67.4,"confidence":"Mixed historical record"},{"weeks":26,"sample":13,"expectedCount":7,"expectedPercent":53.8,"averageReturn":-3.7,"medianReturn":4.2,"confidenceLow":29.1,"confidenceHigh":76.8,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.4,"sample":14},{"week":2,"averageReturn":0.1,"sample":14},{"week":3,"averageReturn":1.1,"sample":14},{"week":4,"averageReturn":1.2,"sample":14},{"week":5,"averageReturn":-0.2,"sample":14},{"week":6,"averageReturn":-0.7,"sample":14},{"week":7,"averageReturn":0.2,"sample":14},{"week":8,"averageReturn":0.2,"sample":14},{"week":9,"averageReturn":-2.2,"sample":14},{"week":10,"averageReturn":-1.4,"sample":14},{"week":11,"averageReturn":-2.8,"sample":14},{"week":12,"averageReturn":-1.3,"sample":14},{"week":13,"averageReturn":-3.2,"sample":14},{"week":14,"averageReturn":-3.8,"sample":14},{"week":15,"averageReturn":-3.6,"sample":14},{"week":16,"averageReturn":-2.9,"sample":14},{"week":17,"averageReturn":-4.0,"sample":14},{"week":18,"averageReturn":-3.1,"sample":14},{"week":19,"averageReturn":-3.8,"sample":14},{"week":20,"averageReturn":-2.9,"sample":14},{"week":21,"averageReturn":-4.5,"sample":14},{"week":22,"averageReturn":-3.8,"sample":14},{"week":23,"averageReturn":-4.9,"sample":14},{"week":24,"averageReturn":-5.1,"sample":14},{"week":25,"averageReturn":-4.5,"sample":13},{"week":26,"averageReturn":-3.7,"sample":13}]}},"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":"Countertrend conflict","tone":"caution","headline":"Market Dynamics is repairing against a downward price structure","use":"The downside structure remains in place, but improving Market Dynamics weakens that case. A positive price response is needed to confirm the repair.","confirm":"This is an early challenge rather than a confirmed reversal. Price must respond to the improvement before the downward technical state can be considered resolved.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price remains in a downward structure","detail":"Improving Market Dynamics has not yet produced a positive price response."}},"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":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 75.0% of completed 12-week outcomes were higher across 8 cases. Distinct visits lasted 2.3 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 12.4% across 21 completed cases, with the largest move arriving after 5.6 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2025-02-07","price":0.959238},{"date":"2025-03-28","price":0.919},{"date":"2025-07-11","price":0.927271},{"date":"2025-08-08","price":0.927753},{"date":"2025-08-22","price":0.965827},{"date":"2025-12-26","price":1.012094}],"distribution_rollovers":[],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[1.1572,1.1479,1.1202,1.1174,1.1137,1.1794,1.1479,1.0841,1.0471,1.0083,1.0157,0.9259,0.974,0.9333,0.9574,0.9694,0.9676,0.9454,0.974,0.9972,0.9296,0.9666,0.8658,0.9102,0.9592,0.974,0.9805,0.9315,0.9236,0.925,0.9079,0.919,0.8801,0.8843,0.922,0.9263,0.8511,0.8212,0.8617,0.8762,0.9215,0.8304,0.8584,0.8453,0.8743,0.8824,0.9273,0.9147,1.0121,0.8955,0.9278,0.881,0.9658,0.9302,0.9625,0.9755,0.9287,0.9957,1.0632,0.9996,0.9774,0.9547,0.9258,0.9099,0.934,0.9316,0.9784,0.9764,1.0121,1.0044,1.0121,1.0497,1.0757,1.0796,1.0381,1.1403,1.1972,1.1355,1.1085,1.1027,1.0825,1.0709,1.0507,1.0314,1.0815,1.0738,1.068,1.061,0.9475,0.9465,0.9615,1.006,1.007,0.967,0.9795,0.929,0.9235,0.931,0.931,0.909,0.8905,0.902,0.911,0.9145],"consensus":[0.0,0.0,-22.6904,-11.1018,-22.0489,42.103,-8.4783,-53.8371,-48.6821,-52.2917,-37.2942,-77.5289,0.0,-57.1666,-16.6713,0.0,-24.2545,-30.6308,8.4671,17.4254,-53.5151,17.3576,-66.6948,0.0,29.2715,17.9489,23.8821,-27.9398,-13.194,-14.6841,-34.1409,0.0,-43.6581,-12.6318,19.3133,0.0,-55.4163,-53.5433,0.0,0.0,44.2749,-43.8761,0.0,-26.3181,13.6863,9.0834,41.3351,12.164,63.6162,-36.4307,16.201,-32.7443,40.1166,0.0,36.2678,31.7135,-29.5134,45.4497,62.0167,-13.3817,0.0,-17.7618,-37.3245,-27.9386,0.0,0.0,36.359,11.7397,43.3102,19.4592,27.4296,53.949,42.1506,31.9515,0.0,68.6101,62.8187,0.0,0.0,0.0,-9.437,-10.0348,-23.5862,-26.2403,26.146,0.0,0.0,0.0,-67.0279,-32.4603,-21.5412,9.655,0.0,-34.1544,0.0,-48.9348,-33.4273,-14.2466,-24.5693,-43.8253,-47.7666,-19.1379,-17.4835,-8.1505],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[51.0716,0.0,33.6598,28.5366,-24.4001,41.8114,62.5724,-23.614,0.0,-18.3254,-36.9283,-21.1392,0.0,0.0,33.3734,5.1432,44.4834,15.8694,31.5886,59.1436,35.5705,27.3692,0.0,66.6231,59.9195,0.0,0.0,0.0,-1.1245,-3.5388,-21.2503,-21.6251,33.2833,0.0,0.0,0.0,-60.778,-26.1745,-13.0249,23.0041,0.0,-51.4846,0.0,-52.1611,-30.4753,-4.6857,-19.9913,-48.3271,-52.098,-17.6749,-18.8398,-10.6693],"force":[60.4433,0.0,52.2758,26.9741,-70.6281,63.7699,75.3243,-48.8494,0.0,-26.0858,-45.4603,-30.9442,0.0,0.0,58.3641,3.7619,48.3598,4.9944,17.789,55.716,42.7414,15.7945,0.0,90.1948,69.9481,0.0,0.0,0.0,-19.0366,-11.3207,-25.4493,-23.4246,47.4057,0.0,0.0,0.0,-92.8262,-10.3891,-5.1532,39.6199,0.0,-26.4449,0.0,-42.3919,-13.5932,-7.1688,-7.8164,-42.4762,-42.2034,-7.1603,-0.0176,-5.1723],"direction":[13.0776,0.0,27.8139,38.7295,-5.9896,36.522,51.8763,-23.6465,0.0,-11.1719,-31.9661,-33.5624,0.0,0.0,24.0532,24.977,38.3625,33.8939,29.5626,46.7501,49.2486,48.7291,0.0,55.4633,61.0398,0.0,0.0,0.0,-14.6505,-16.5401,-24.9251,-33.5261,2.8036,0.0,0.0,0.0,-55.7432,-55.4094,-50.3414,27.0046,0.0,-19.8551,0.0,-49.9211,-50.9683,-40.47,-41.7677,-39.6439,-46.7902,-39.5943,-28.4091,-14.7881],"intensity":[86.5385,48.0769,55.7692,71.1538,82.6923,75.0,75.0,71.1538,78.8462,34.6154,25.0,40.3846,63.4615,1.9231,71.1538,48.0769,34.6154,9.6154,17.3077,34.6154,78.8462,11.5385,53.8462,96.1538,82.6923,69.2308,88.4615,46.1538,82.6923,3.8462,13.4615,11.5385,61.5385,55.7692,11.5385,5.7692,96.1538,94.2308,13.4615,50.0,30.7692,63.4615,7.6923,61.5385,5.7692,3.8462,5.7692,23.0769,30.7692,7.6923,71.1538,67.3077],"confirmation":[81.2899,29.4491,80.1333,78.0523,56.1086,83.1577,88.2424,32.9184,27.0425,73.9289,80.1978,77.1356,27.5271,24.8676,80.351,26.2808,81.9953,51.1742,76.4203,85.2384,81.6065,77.8019,6.0588,90.6433,88.3635,33.4739,5.8587,25.0338,49.0466,48.6826,75.64,76.3814,54.2392,0.5314,0.2893,24.1939,90.3304,77.8104,52.6421,32.227,1.6174,78.4304,3.2784,83.4106,78.1373,28.2479,52.7547,81.9144,83.0498,52.2058,50.3751,56.6005],"persistence":[50.0,37.5,37.5,37.5,12.5,37.5,37.5,37.5,25.0,12.5,12.5,37.5,25.0,37.5,37.5,12.5,0.0,25.0,50.0,75.0,87.5,100.0,87.5,87.5,87.5,75.0,62.5,50.0,25.0,0.0,12.5,37.5,37.5,37.5,37.5,37.5,37.5,37.5,37.5,12.5,25.0,37.5,37.5,50.0,50.0,50.0,50.0,75.0,87.5,87.5,100.0,100.0],"assessmentRisk":[52.3289,29.853,10.0312,31.1733,14.2666,17.8217,15.6191,25.0284,32.5241,21.846,31.0119,33.8047,37.9181,24.7633,24.9286,40.794,26.2749,38.13,24.3344,22.2733,28.3537,33.8661,39.0461,15.2029,18.5062,44.6923,43.6119,35.3742,44.8554,40.7023,32.2275,33.54,14.184,3.9969,18.8258,32.7475,16.3423,33.6894,39.0196,49.7699,46.1743,41.4593,22.7777,23.3573,31.7142,30.3263,30.8466,2.6014,11.5641,32.3477,25.2916,15.5094],"volumeParticipation":true,"latest":{"consensus":-8.2,"control":-10.7,"force":-5.2,"direction":-14.8,"confirmation":56.6,"persistence":100.0,"assessmentRisk":15.5,"intensity":67.3,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-8.2","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-10.7","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-5.2","detail":"Commitment is limited","tone":"negative"},{"label":"SM Direction Gauge","value":"-14.8","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"57/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"40.3","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"5.7%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"14.6","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"10%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned downward.","series":[{"label":"Close","values":[1.1572,1.1479,1.1202,1.1174,1.1137,1.1794,1.1479,1.0841,1.0471,1.0083,1.0157,0.9259,0.974,0.9333,0.9574,0.9694,0.9676,0.9454,0.974,0.9972,0.9296,0.9666,0.8658,0.9102,0.9592,0.974,0.9805,0.9315,0.9236,0.925,0.9079,0.919,0.8801,0.8843,0.922,0.9263,0.8511,0.8212,0.8617,0.8762,0.9215,0.8304,0.8584,0.8453,0.8743,0.8824,0.9273,0.9147,1.0121,0.8955,0.9278,0.881,0.9658,0.9302,0.9625,0.9755,0.9287,0.9957,1.0632,0.9996,0.9774,0.9547,0.9258,0.9099,0.934,0.9316,0.9784,0.9764,1.0121,1.0044,1.0121,1.0497,1.0757,1.0796,1.0381,1.1403,1.1972,1.1355,1.1085,1.1027,1.0825,1.0709,1.0507,1.0314,1.0815,1.0738,1.068,1.061,0.9475,0.9465,0.9615,1.006,1.007,0.967,0.9795,0.929,0.9235,0.931,0.931,0.909,0.8905,0.902,0.911,0.9145],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[1.1633,1.1605,1.1532,1.1467,1.1407,1.1477,1.1478,1.1362,1.12,1.0997,1.0844,1.0556,1.0408,1.0212,1.0096,1.0023,0.996,0.9868,0.9845,0.9868,0.9764,0.9746,0.9548,0.9467,0.949,0.9535,0.9585,0.9535,0.9481,0.9439,0.9374,0.934,0.9242,0.917,0.9179,0.9194,0.907,0.8914,0.886,0.8842,0.891,0.88,0.876,0.8705,0.8712,0.8732,0.883,0.8888,0.9112,0.9084,0.9119,0.9063,0.9171,0.9195,0.9273,0.936,0.9347,0.9458,0.9671,0.973,0.9738,0.9704,0.9623,0.9527,0.9493,0.9461,0.952,0.9564,0.9665,0.9734,0.9805,0.993,1.0081,1.0211,1.0242,1.0453,1.0729,1.0843,1.0887,1.0912,1.0896,1.0862,1.0798,1.071,1.0729,1.073,1.0721,1.0701,1.0478,1.0294,1.017,1.015,1.0136,1.0051,1.0005,0.9875,0.9758,0.9677,0.961,0.9516,0.9405,0.9335,0.9294,0.9267],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[1.1825,1.18,1.1756,1.1712,1.167,1.1679,1.1664,1.1603,1.1519,1.1413,1.132,1.1167,1.1062,1.0934,1.0833,1.0749,1.0669,1.0579,1.0517,1.0476,1.0389,1.0336,1.0211,1.0129,1.0089,1.0064,1.0044,0.999,0.9934,0.9884,0.9824,0.9777,0.9705,0.9641,0.961,0.9584,0.9505,0.9409,0.935,0.9307,0.93,0.9226,0.9179,0.9125,0.9097,0.9076,0.9091,0.9095,0.9171,0.9155,0.9164,0.9138,0.9176,0.9186,0.9218,0.9258,0.926,0.9312,0.941,0.9453,0.9477,0.9482,0.9465,0.9438,0.9431,0.9422,0.9449,0.9473,0.9521,0.9559,0.9601,0.9667,0.9748,0.9826,0.9867,0.9981,1.0128,1.0219,1.0283,1.0338,1.0374,1.0399,1.0407,1.04,1.0431,1.0454,1.047,1.0481,1.0406,1.0336,1.0283,1.0266,1.0252,1.0209,1.0178,1.0112,1.0047,0.9993,0.9942,0.9879,0.9807,0.9749,0.9701,0.966],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[1.2464,1.2464,1.2455,1.246,1.2464,1.2481,1.2477,1.2508,1.2541,1.2635,1.2553,1.2659,1.2697,1.2772,1.2774,1.2657,1.2356,1.2226,1.2161,1.2058,1.1917,1.1749,1.1684,1.1547,1.138,1.0993,1.0627,1.04,1.0249,1.0175,1.0077,1.0078,1.0078,1.0097,1.0078,1.0041,1.0054,1.0118,1.0066,0.9942,0.9935,0.9894,0.9898,0.99,0.9821,0.9698,0.9579,0.9554,0.9778,0.975,0.9773,0.9745,0.9849,0.9884,0.9943,1.0019,1.0038,1.0123,1.0389,1.0475,1.052,1.049,1.0463,1.041,1.0385,1.0363,1.0389,1.0407,1.0407,1.0437,1.0492,1.0557,1.0722,1.0863,1.0918,1.1188,1.1555,1.1718,1.1779,1.1865,1.1918,1.1943,1.1918,1.1846,1.1813,1.174,1.171,1.1659,1.1749,1.1819,1.1862,1.1866,1.1854,1.1856,1.1865,1.1793,1.1546,1.1406,1.1295,1.1188,1.1113,1.1022,1.0942,1.0878],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[1.0734,1.0754,1.0777,1.0761,1.0749,1.0777,1.0768,1.0699,1.0516,1.026,1.0113,0.9724,0.9515,0.9243,0.9056,0.894,0.8941,0.8835,0.8757,0.8725,0.8639,0.8625,0.8436,0.8366,0.8378,0.856,0.8758,0.8833,0.886,0.8851,0.8842,0.8833,0.8739,0.8671,0.8655,0.8649,0.852,0.8331,0.8271,0.8274,0.8273,0.8178,0.8167,0.8099,0.8093,0.8125,0.819,0.8199,0.8063,0.8062,0.8059,0.8048,0.8031,0.8041,0.8023,0.7996,0.8055,0.8144,0.8079,0.8117,0.8127,0.8282,0.8376,0.8494,0.8578,0.865,0.8675,0.8719,0.8719,0.8797,0.8827,0.8931,0.8875,0.8884,0.8905,0.88,0.8701,0.8677,0.8662,0.8679,0.8731,0.8822,0.8972,0.9166,0.9346,0.9561,0.9681,0.9816,0.9662,0.9534,0.944,0.9393,0.9336,0.9222,0.9154,0.9015,0.8988,0.8923,0.8857,0.877,0.8653,0.8575,0.8515,0.8463],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"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":[-64.5405,-64.8239,-65.6743,-65.7593,-65.8727,-63.8602,-64.8239,-66.7797,-67.9135,-69.104,-68.8773,-71.6267,-70.1528,-71.4,-70.663,-70.2945,-70.3512,-71.0315,-70.1528,-69.4442,-71.5134,-70.3795,-73.4691,-72.1086,-70.6063,-70.1528,-69.9544,-71.4567,-71.6976,-71.6551,-72.1794,-71.8393,-73.0298,-72.9022,-71.7483,-71.6154,-73.9192,-74.8349,-73.5943,-73.1513,-71.7631,-74.5543,-73.6977,-74.0965,-73.2104,-72.9593,-71.5859,-71.9698,-68.9867,-72.5606,-71.5711,-73.0036,-70.4044,-71.4973,-70.5078,-70.109,-71.5416,-69.4888,-67.4212,-69.3706,-70.05,-70.7441,-71.6302,-72.1175,-71.3791,-71.453,-70.0204,-70.0795,-68.9867,-69.2229,-68.9867,-67.8347,-67.0372,-66.9191,-68.1892,-65.0583,-63.3157,-65.206,-66.033,-66.2102,-66.8305,-67.1849,-67.8052,-68.3959,-66.86,-67.0963,-67.2735,-67.488,-70.966,-70.9966,-70.537,-69.1734,-69.1427,-70.3685,-69.9854,-71.5329,-71.7014,-71.4716,-71.4716,-72.1457,-72.7126,-72.3602,-72.0844,-71.9772],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[8.8676,7.9974,5.3866,3.0718,0.6791,6.6161,3.7731,0.0,0.0,0.0,0.7339,0.0,5.1948,0.7992,3.3967,4.6954,4.4956,2.098,5.1948,7.6923,0.3996,4.3957,0.0,5.1281,10.7906,12.4999,13.2478,7.5854,6.6773,6.8375,4.8611,6.1431,1.6559,2.1367,6.4861,6.9871,0.0,0.0,4.9296,6.6901,12.2065,1.115,4.5188,2.9342,6.4553,7.453,12.9108,11.385,23.2394,9.0375,12.9695,7.277,17.6057,13.2628,17.1948,18.7794,13.0869,21.2442,29.4601,21.7136,19.0141,16.2559,12.7347,9.5764,12.4782,12.188,17.8177,15.5075,19.7264,14.8843,14.8796,19.1466,22.1006,22.5383,17.8336,29.431,35.8861,24.7881,21.822,21.1863,18.9618,17.6907,15.4661,13.3474,18.8559,18.0084,17.3728,16.6035,4.1299,1.5985,3.2086,6.2863,6.392,2.1659,3.4865,0.0,0.0,0.8121,0.8121,0.0,0.0,1.2914,2.3021,2.6951],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"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":[-19.2456,-19.5081,-16.541,-17.1727,-15.8758,-11.5093,-12.0563,-16.1148,-16.6602,-18.2148,-15.0215,-20.945,-14.9219,-19.282,-16.6389,-15.8721,-15.5602,-15.0923,-12.3073,-10.1138,-16.1031,-14.4864,-21.6688,-18.9743,-14.4536,-14.6941,-12.8369,-15.3694,-14.7297,-13.7471,-15.8598,-13.7876,-10.611,-7.5051,-6.9463,-8.3895,-17.7187,-20.8708,-18.7438,-15.7794,-11.4659,-20.3097,-16.3644,-15.8062,-13.5907,-11.2862,-7.7737,-7.5325,3.554,-5.6992,-2.6189,-7.5376,-0.1502,-1.7106,1.8451,2.3788,-4.309,2.0961,6.6912,2.7825,-0.8646,-5.1891,-7.0085,-6.4377,-3.8081,-1.3408,1.8717,1.3363,5.9332,4.6025,5.8304,6.8727,7.1513,5.1667,1.9998,11.5491,17.4889,11.3688,6.0883,4.4491,7.232,3.7357,5.8149,3.906,7.0858,2.7336,0.9122,0.5938,-9.5671,-10.0047,-7.984,-6.9268,-5.8788,-10.213,-12.3842,-16.5618,-15.5678,-16.472,-16.3221,-18.6182,-19.6788,-19.0251,-18.7806,-18.6753],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"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":[7.1867,6.894,6.92,6.619,6.3921,6.0812,6.1296,6.49,6.5739,6.772,6.5938,7.4439,7.0423,7.2492,7.0109,6.7088,6.5488,6.5873,6.3437,6.1449,6.7885,6.4725,7.6983,7.3804,7.0058,6.705,6.5219,7.2153,7.272,7.1211,7.1337,6.8029,7.1701,7.2692,6.8519,6.656,7.4303,7.75,7.2059,7.0366,6.6311,8.1429,7.9928,7.8579,7.4293,7.6772,7.408,7.3569,7.3138,8.7754,8.8854,9.1144,8.3902,8.4486,8.2758,8.0339,8.9921,8.5175,7.9965,8.5109,8.4591,8.3009,8.3205,8.7087,8.1397,7.8143,7.4689,7.2206,6.9073,6.7922,6.3883,6.0147,5.9684,6.0835,6.4382,6.1854,6.2241,6.9,6.8799,7.1587,7.1851,7.0719,6.9357,7.0814,6.8883,6.9103,6.8171,6.7422,8.0433,7.8012,7.3873,7.007,6.9186,6.9856,6.6518,6.9468,6.6283,6.251,5.8966,5.9301,5.8736,5.7012,5.8925,5.7045],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[14.9147,14.7318,14.4499,14.6341,14.7757,14.6569,14.7069,15.5888,17.5602,20.7488,21.5351,26.2261,28.6555,32.0601,34.0688,34.4163,32.068,32.2016,32.544,32.0716,31.8938,30.6635,32.2803,31.9429,30.3836,24.8946,19.279,16.303,14.5328,13.9122,13.053,13.168,14.2303,15.1993,15.1826,14.8955,16.5142,19.3663,19.5823,18.3106,18.2545,18.9972,19.1634,20.0102,19.2921,17.6573,15.6364,15.2656,19.222,18.9589,19.2179,19.0712,20.3394,20.5585,21.3735,22.4531,21.9196,21.6712,25.0212,25.3724,25.669,23.5219,22.1514,20.2745,19.058,18.0122,17.9862,17.6504,17.6504,17.0559,17.2386,16.6837,18.8452,20.0476,20.3091,23.8969,28.1799,29.8208,30.5023,31.0246,30.8692,30.0569,28.2021,25.511,23.3178,20.4585,18.9665,17.1688,19.4894,21.4007,22.7367,23.2695,23.7578,24.9928,25.7905,26.7042,24.9185,24.4248,24.1982,24.2348,24.8924,24.9744,24.9439,24.9758],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"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":[40.3169,36.6679,25.7202,24.6255,22.6947,48.7624,36.2795,10.9461,4.3984,6.8858,9.1809,0.7202,15.1388,4.8114,10.9141,13.9653,14.4921,8.4433,16.2563,22.5571,4.1584,14.24,4.419,15.976,33.5172,37.931,39.862,25.2412,22.8965,23.3102,18.207,21.9409,10.9255,18.1287,37.1897,39.1895,5.0937,4.9485,23.0212,29.4754,49.6993,19.5895,30.6204,25.4852,36.8965,40.1297,57.8175,52.8725,81.6328,40.4762,51.8709,35.3744,65.3063,52.721,64.1157,68.7077,51.8583,75.338,98.9867,71.8354,64.5572,57.1203,47.6267,42.4053,50.3165,49.5253,64.8733,58.8344,71.3209,68.3021,66.9567,83.0276,81.8183,83.3995,66.4033,94.1578,89.7572,72.5067,64.9596,63.3422,56.7491,53.4436,47.6584,42.1488,56.4739,54.2698,52.6171,50.6165,18.1783,11.8193,16.4234,27.1735,27.145,14.2953,18.3108,2.0881,2.36,5.019,5.019,1.2166,1.1518,4.874,7.4958,9.9092],"stroke":"#10243b","width":2.0},{"label":"From high","values":[-11.5623,-12.2692,-14.39,-14.6021,-14.8849,-9.8656,-12.2692,-17.1471,-19.9748,-22.9439,-22.3784,-29.2357,-25.5596,-28.6702,-26.8321,-25.9131,-24.4911,-26.2236,-23.9858,-22.1811,-27.4509,-24.5633,-32.1449,-26.8002,-18.8576,-17.6056,-17.0579,-21.2051,-21.8701,-21.7528,-23.2003,-21.8332,-23.5743,-18.0102,-12.875,-12.4651,-17.6994,-20.5888,-16.6741,-15.2761,-10.8955,-19.7034,-17.0004,-18.2587,-15.4625,-14.6703,-10.3362,-11.5479,-4.8913,-15.8514,-12.817,-17.2101,-9.2391,-12.5906,-9.5561,-8.3333,-12.8842,-6.6003,-0.2712,-7.9041,-9.9467,-12.0337,-14.698,-16.1634,-13.9432,-14.1652,-9.8579,-10.0355,-6.7495,-7.46,-6.7495,-3.2859,-3.9587,-3.6144,-7.3149,-1.4167,-2.9688,-7.9688,-10.1563,-10.6251,-12.2657,-13.2031,-14.8438,-16.4063,-12.3437,-12.9688,-13.4375,-14.0049,-23.2042,-23.2852,-22.0695,-18.4627,-18.3816,-21.6237,-20.6105,-24.7036,-25.1494,-24.5415,-24.5415,-26.3246,-27.8241,-26.892,-26.047,-22.6772],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[9.6872,8.8104,6.18,5.9169,5.4118,11.628,8.6513,2.6102,1.1617,2.2515,3.0019,0.3006,6.525,2.0738,4.7041,6.0192,5.8169,3.389,6.525,9.0541,1.6691,5.7157,2.2392,7.4822,13.2714,15.0191,15.7837,9.9945,9.0661,9.2299,7.2092,8.5199,3.9322,5.1127,9.5887,10.1044,1.1677,1.3683,6.3653,8.1499,13.7418,6.3581,9.9383,8.2716,11.9753,13.0247,18.7655,17.1605,29.6297,14.6914,18.8272,12.8396,23.7038,19.1358,23.2716,24.9383,18.9507,27.5309,36.1729,28.0247,25.1853,22.284,18.5803,16.5433,19.6296,19.321,25.3086,18.9666,21.9512,21.0221,17.1876,19.934,22.7723,23.2124,18.4818,30.143,36.6336,29.593,26.5127,25.8526,22.4645,21.156,18.8659,16.6849,22.3556,21.4831,20.8288,20.0369,7.196,4.2409,5.8929,9.2285,9.1599,4.8238,6.1789,0.7046,0.8188,1.7486,1.7486,0.442,0.4512,1.9209,2.9379,3.3333],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"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":[-0.0186,-0.0185,-0.0204,-0.0219,-0.0231,-0.0186,-0.0173,-0.0212,-0.027,-0.0343,-0.039,-0.0495,-0.0532,-0.0588,-0.0606,-0.0604,-0.0597,-0.0602,-0.0576,-0.0531,-0.0543,-0.0517,-0.0572,-0.0572,-0.0527,-0.0474,-0.0421,-0.0415,-0.0411,-0.0402,-0.0405,-0.0393,-0.041,-0.0416,-0.0386,-0.0354,-0.0385,-0.0429,-0.0426,-0.0408,-0.0352,-0.0377,-0.0371,-0.0371,-0.0345,-0.0313,-0.025,-0.0207,-0.0093,-0.0096,-0.0071,-0.0089,-0.0034,-0.0018,0.0019,0.0059,0.0052,0.01,0.019,0.0207,0.0201,0.0176,0.0131,0.0082,0.0061,0.0043,0.0065,0.008,0.0119,0.0143,0.0166,0.0212,0.0266,0.0309,0.0305,0.0381,0.0481,0.0505,0.0496,0.0479,0.0444,0.0403,0.0349,0.0288,0.0277,0.0259,0.0237,0.0212,0.0099,0.0009,-0.005,-0.006,-0.0067,-0.0103,-0.012,-0.0172,-0.0216,-0.0241,-0.0259,-0.0287,-0.0321,-0.0334,-0.0334,-0.0327],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[-0.0247,-0.0235,-0.0229,-0.0227,-0.0228,-0.0219,-0.021,-0.021,-0.0222,-0.0246,-0.0275,-0.0319,-0.0362,-0.0407,-0.0447,-0.0478,-0.0502,-0.0522,-0.0533,-0.0532,-0.0535,-0.0531,-0.0539,-0.0546,-0.0542,-0.0528,-0.0507,-0.0489,-0.0473,-0.0459,-0.0448,-0.0437,-0.0432,-0.0429,-0.042,-0.0407,-0.0402,-0.0408,-0.0411,-0.0411,-0.0399,-0.0395,-0.039,-0.0386,-0.0378,-0.0365,-0.0342,-0.0315,-0.0271,-0.0236,-0.0203,-0.018,-0.0151,-0.0124,-0.0095,-0.0065,-0.0041,-0.0013,0.0028,0.0064,0.0091,0.0108,0.0113,0.0106,0.0097,0.0086,0.0082,0.0082,0.0089,0.01,0.0113,0.0133,0.0159,0.0189,0.0213,0.0246,0.0293,0.0336,0.0368,0.039,0.0401,0.0401,0.0391,0.037,0.0352,0.0333,0.0314,0.0293,0.0255,0.0205,0.0154,0.0111,0.0076,0.004,0.0008,-0.0028,-0.0066,-0.0101,-0.0132,-0.0163,-0.0195,-0.0223,-0.0245,-0.0261],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[0.0062,0.005,0.0025,0.0008,-0.0004,0.0033,0.0037,-0.0002,-0.0048,-0.0096,-0.0115,-0.0176,-0.0171,-0.0181,-0.0159,-0.0126,-0.0095,-0.008,-0.0043,0.0001,-0.0009,0.0014,-0.0032,-0.0026,0.0015,0.0055,0.0086,0.0074,0.0062,0.0056,0.0043,0.0044,0.0021,0.0013,0.0034,0.0053,0.0017,-0.0021,-0.0015,0.0003,0.0047,0.0017,0.0019,0.0015,0.0033,0.0052,0.0092,0.0108,0.0177,0.014,0.0131,0.0091,0.0117,0.0106,0.0115,0.0124,0.0094,0.0113,0.0162,0.0144,0.011,0.0068,0.0018,-0.0025,-0.0036,-0.0044,-0.0017,-0.0002,0.003,0.0043,0.0053,0.0079,0.0107,0.0119,0.0093,0.0135,0.0188,0.0169,0.0129,0.0089,0.0043,0.0001,-0.0042,-0.0082,-0.0075,-0.0074,-0.0077,-0.0082,-0.0156,-0.0197,-0.0204,-0.0172,-0.0142,-0.0143,-0.0128,-0.0144,-0.015,-0.0141,-0.0126,-0.0124,-0.0126,-0.0111,-0.0089,-0.0065],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]}]},"canonical_url":"https://sharemaestro.com/terminal/a6f58648-9bb8-481c-91b4-4a6cdbc0e304/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/a6f58648-9bb8-481c-91b4-4a6cdbc0e304/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/a6f58648-9bb8-481c-91b4-4a6cdbc0e304/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/a6f58648-9bb8-481c-91b4-4a6cdbc0e304/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/a6f58648-9bb8-481c-91b4-4a6cdbc0e304/technical-pack/data.json"},"source_fingerprint":"2885cbec9429f7860f7f1e94d3e4ec2bc7bfb48ebe77783e3a22be097f9ebc15","content_hash":"d26723134ec11fa12bae3a0d74fc194a337b4b29a80d2ae48fdd8a8e4f6dd128","citation":"Sharemaestro, PNL Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/a6f58648-9bb8-481c-91b4-4a6cdbc0e304/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."}