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elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":0.4,"averageExpectedMove":0.4,"averageWeeksToLargestMove":3.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-0.2,"medianReturn":-0.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":0.7,"medianReturn":0.7,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":1.8,"medianReturn":1.8,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.1,"sample":1},{"week":2,"averageReturn":-0.2,"sample":1},{"week":3,"averageReturn":-0.4,"sample":1},{"week":4,"averageReturn":-0.2,"sample":1},{"week":5,"averageReturn":-0.1,"sample":1},{"week":6,"averageReturn":-0.1,"sample":1},{"week":7,"averageReturn":0.2,"sample":1},{"week":8,"averageReturn":0.3,"sample":1},{"week":9,"averageReturn":0.7,"sample":1},{"week":10,"averageReturn":0.8,"sample":1},{"week":11,"averageReturn":0.6,"sample":1},{"week":12,"averageReturn":0.7,"sample":1},{"week":13,"averageReturn":0.8,"sample":1},{"week":14,"averageReturn":0.9,"sample":1},{"week":15,"averageReturn":1.1,"sample":1},{"week":16,"averageReturn":1.2,"sample":1},{"week":17,"averageReturn":1.3,"sample":1},{"week":18,"averageReturn":1.4,"sample":1},{"week":19,"averageReturn":1.0,"sample":1},{"week":20,"averageReturn":1.1,"sample":1},{"week":21,"averageReturn":1.2,"sample":1},{"week":22,"averageReturn":1.2,"sample":1},{"week":23,"averageReturn":1.5,"sample":1},{"week":24,"averageReturn":1.6,"sample":1},{"week":25,"averageReturn":1.8,"sample":1},{"week":26,"averageReturn":1.8,"sample":1}]},"currentApplication":{"status":"Evidence developing","tone":"neutral","headline":"Market Dynamics is negative while price remains rotational","use":"Treat the pressure as context until price establishes a clear response.","confirm":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"steady","zone":"distribution","zoneContext":"Across the displayed history, price has progressed from the lower accumulation area, through the middle range and into the upper positioning zone. This describes price location only; it does not establish active distribution or a reversal.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","sample":0},"nowContext":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeekContext":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"priceContext":{"label":"Price structure is upward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"The current relationship is visible, but this ticker does not yet have a completed comparable outcome.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-02-13","price":49.384066}],"reversal_dangers":[{"date":"2026-02-20","price":49.310226}]}},"smTape":{"available":true,"dates":["2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[49.3841,49.3102,49.2815,49.2026,49.2765,49.316,49.3456,49.4592,49.5136,49.7116,49.7908,49.6981,49.7377,49.802,49.8516,49.9026,49.9735,50.0067,50.0615,49.8617,49.9352,49.9899,49.98,50.1342,50.175,50.28,50.265,50.47],"consensus":[50.0013,-32.8664,-100.0,9.0625,-30.1038,0.0,20.2662,69.5461,60.2671,81.4349,68.1749,39.3225,56.8751,62.4918,50.4308,56.121,62.0513,56.4986,56.076,0.0,30.9182,45.4344,0.0,70.9427,50.7256,62.1905,32.0542,79.0839],"supportDates":["2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,null,null,null,null,0.0,16.6399,60.3455,42.5177,85.4029,60.0726,33.6221,57.7454,68.6471,41.7967,52.3416,66.5418,56.7049,56.5046,0.0,28.4667,54.309,0.0,73.0877,53.0994,56.3315,28.0019,81.9626],"force":[50.0013,-32.8664,-100.0,9.0625,-20.7693,0.0,19.7572,88.0122,75.7008,76.4395,65.0651,6.999,37.2347,50.5401,54.3585,40.4938,55.1016,48.0145,44.427,0.0,48.1363,55.321,0.0,86.7529,36.88,73.9853,2.3113,94.4464],"direction":[null,null,null,null,-66.4418,0.0,24.7743,66.8711,69.528,80.4682,79.6559,68.9254,69.9091,63.9941,57.4929,71.6027,61.8834,62.323,63.9069,0.0,21.4212,28.2302,0.0,57.1983,57.9025,60.4616,57.9303,64.8208],"intensity":[null,null,null,null,75.0,80.0,16.6667,57.1429,50.0,88.8889,20.0,45.4545,83.3333,15.3846,85.7143,100.0,18.75,29.4118,16.6667,89.4737,75.0,9.5238,4.5455,78.2609,54.1667,56.0,88.4615,85.1852],"confirmation":[38.6671,33.1839,54.6667,25.5667,13.9538,48.2407,74.5249,90.9577,88.0263,93.8465,89.8446,57.0183,85.5882,87.5393,84.3891,85.5401,87.5762,85.8179,85.5828,6.0378,78.4559,82.7051,27.5023,91.1508,83.7741,88.3497,54.746,55.0],"persistence":[null,null,33.3333,0.0,20.0,16.6667,0.0,12.5,12.5,37.5,62.5,62.5,87.5,100.0,100.0,100.0,100.0,100.0,100.0,87.5,87.5,87.5,75.0,75.0,75.0,75.0,75.0,87.5],"assessmentRisk":[null,null,null,null,32.0249,1.8516,29.9957,15.1733,19.7958,9.2744,15.9109,29.9534,21.1294,9.3819,8.6742,21.6312,18.9321,21.6301,21.8625,18.4461,35.5781,31.9714,41.9497,14.3773,24.4472,18.8419,33.8941,10.392],"volumeParticipation":true,"latest":{"consensus":79.1,"control":82.0,"force":94.4,"direction":64.8,"confirmation":55.0,"persistence":87.5,"assessmentRisk":10.4,"intensity":85.2,"evidenceDepth":100},"analysis":{"status":"Price structure has the available support","headline":"The gauges support the price-technical view","summary":"Market Dynamics does not provide a directional confirmation. The completed evidence supports the upward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"positive","supportedView":"Price structure","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Broadly stable","forceState":"Upward commitment","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Established","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+79.1","detail":"Price structure has the available support","tone":"positive"},{"label":"SM Control Gauge","value":"+82.0","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+94.4","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+64.8","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"71.3","detail":"Stretched positive","tone":"positive"},{"label":"Risk pressure","value":"0.3%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"30.6","detail":"Directional","tone":"positive"},{"label":"Range position","value":"99%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned upward.","series":[{"label":"Close","values":[49.3841,49.3102,49.2815,49.2026,49.2765,49.316,49.3456,49.4592,49.5136,49.7116,49.7908,49.6981,49.7377,49.802,49.8516,49.9026,49.9735,50.0067,50.0615,49.8617,49.9352,49.9899,49.98,50.1342,50.175,50.28,50.265,50.47],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,49.3177,49.3174,49.3225,49.3473,49.3776,49.4383,49.5024,49.538,49.5743,49.6157,49.6586,49.703,49.7521,49.7984,49.8463,49.8491,49.8647,49.8875,49.9043,49.9461,49.9877,50.0409,50.0816,50.1522],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,49.4661,49.491,49.5177,49.5462,49.5779,49.6096,49.6431,49.6593,49.6797,49.7027,49.7232,49.7537,49.7849,49.8216,49.8544,49.9],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,49.6602,49.7739,49.8157,49.8571,49.9051,49.9541,50.0044,50.0606,50.1123,50.1654,50.1748,50.2066,50.236,50.2521,50.2715,50.293,50.3255,50.3395,50.4051],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,49.1,49.0609,49.0659,49.0702,49.0705,49.07,49.0685,49.0638,49.0615,49.0583,49.0739,49.0972,49.1358,49.1895,49.2633,49.3316,49.3955,49.4735,49.509],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,135.2678,265.2223,50.4937,106.1853,39.9903,36.7014,67.5394,346.8419,70.8942,77.5021,195.4046,82.286,76.8658,260.0046,200.2146,110.2521,95.3393,61.7352,120.0573,135.4328,1313.7792],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,84.7597,109.1219,113.5182,122.8209,119.4986,122.3949,127.5948,135.0,135.0,135.0,135.0,135.0,132.4798,135.0,135.0,131.9807,134.5708,135.0,135.0,131.3482,135.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,0.0831,0.0971,0.1109,0.1245,0.1395,0.1522,0.1649,0.1569,0.1548,0.1557,0.1539,0.163,0.1715,0.1846,0.1916,0.2112],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.106,0.1152,0.1252,0.1315,0.1362,0.1401,0.1428,0.1469,0.1518,0.1584,0.165,0.1743],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0335,0.037,0.0397,0.0254,0.0186,0.0156,0.011,0.0161,0.0197,0.0263,0.0266,0.037],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"range","eyebrow":"Acceptance 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}