{"schema_version":"1.0","name":"IP Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"b1f2e166-906c-455d-a812-b5f0471b77bd","symbol":"IP","name":"International Paper","exchange":"NYSE","country":"US","asset_type":"equity","currency":"USD","sector":"Consumer Cyclical","industry":"Packaging & Containers"},"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, Strength versus the research benchmark, Acceleration, deceleration and rollover, Drawdown and recovery pressure, Activity pressure and cumulative balance, Range pressure and compression."},{"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 upward","stateTone":"positive","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":"Positive Market Dynamics is leading the current price response","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":"positive","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[0.433168,0.280051,0.205877,0.157913,0.131295,0.1429,0.313996,0.312683,0.120546,-0.012544,0.190659,0.545621,1.012374,1.473039,1.465765,1.25931,1.036416,0.682091,0.305896,-0.081446,-0.339782,-0.374186,-0.187479,-0.014486,0.039147,-0.102169,-0.428551,-0.578989,-0.82049,-1.021817,-1.143062,-1.206932,-1.259932,-1.249801,-1.293401,-1.443186,-1.450995,-1.476137,-1.228938,-1.113193,-0.975377,-0.821595,-0.904212,-0.794207,-0.598801,-0.307431,0.134036,0.446713,0.785428,0.849887,0.687444,0.552133,0.292319,0.229989,0.169814,0.078671,0.025987,-0.234494,-0.358352,-0.434101,-0.566882,-0.432924,-0.55888,-0.673893,-0.881508,-1.156328,-1.242318,-1.304283,-1.213713,-1.145374,-1.029489,-0.840552,-0.449675,-0.05431,0.396184,0.669575,0.891762,1.089939,1.091998,1.155677,0.804106,0.433696,0.07119,-0.254843,-0.445442,-0.565708,-0.629926,-0.717148,-0.648775,-0.667669,-0.771727,-0.84623,-0.960024,-0.948413,-0.552184,-0.120346,0.344176,0.652245,0.680776,0.645161,0.664981,0.78127,0.82999,0.864747],"opens":[43.756836,45.522724,44.546839,43.738248,45.987431,45.271782,45.2439,44.165779,44.360956,43.310717,44.844251,52.093685,53.357689,53.786274,56.016048,54.835579,53.430259,52.17484,50.638357,50.666464,49.898222,49.851378,53.767536,55.706877,51.125535,52.465273,52.558961,52.790699,53.225268,48.274959,48.690634,48.67174,49.673138,43.201837,45.51639,43.296309,44.911772,42.091797,44.505545,46.735073,46.463553,45.481055,45.385667,44.355475,43.477904,44.837185,47.827603,49.840292,48.256849,52.930867,44.355475,45.481055,45.017269,47.001766,46.972866,46.886164,44.583762,44.940201,43.851617,43.119472,44.217689,45.123237,47.078834,36.742106,36.703572,36.290071,37.353123,38.230873,37.957795,37.840762,37.333618,38.816039,39.235408,41.654096,41.507805,42.327038,38.874556,45.091949,47.691063,42.629884,41.959789,38.205285,37.101598,34.125587,34.982915,33.967917,35.751553,36.638444,32.115301,31.947777,32.529184,30.006472,31.69,32.94,33.25,37.08,37.16,38.24,37.899744,37.929407,37.365805,42.270129,41.261579,40.826518],"highs":[45.578489,45.764372,45.048723,45.903784,47.102729,45.764372,45.866607,45.011546,44.844251,45.67143,52.288862,55.318753,54.039231,56.418906,56.550069,55.17754,53.589529,52.596436,51.856301,50.919421,51.434705,53.411522,56.353325,56.343956,53.448997,52.980557,53.917437,53.442553,53.91491,49.06852,50.192732,53.508683,51.845984,46.895675,45.613696,45.658097,45.969853,43.041236,47.797878,47.930138,46.587557,45.957996,46.225082,44.851493,45.767219,48.314082,50.41739,50.050146,53.197954,53.541351,46.220313,46.558941,47.724277,47.907314,47.753178,47.098583,46.028784,45.238839,45.595278,45.35444,45.638628,47.863963,47.204069,36.95886,37.628387,37.158068,38.718511,38.6795,38.820916,38.269884,38.92332,39.488981,42.33679,42.75616,42.492835,42.600115,45.828283,49.007688,48.38351,44.502209,42.432797,39.239991,37.86531,36.461066,35.94864,36.796114,37.505626,37.017836,33.751122,33.623016,32.780469,31.533895,33.825,34.53,36.215,37.83,39.82,39.025,38.473233,38.384244,41.840012,44.316893,42.388782,41.637313],"lows":[43.543722,44.165779,43.45013,43.050481,45.216017,44.551486,44.212249,43.320012,42.502127,43.106246,43.914837,52.084391,51.879919,53.046139,54.301558,52.741653,50.46035,49.701477,49.982541,49.354832,49.710846,49.635896,53.716008,51.050584,48.93792,50.727361,51.444074,51.222471,48.019886,45.932065,47.830943,48.445008,42.899528,40.877837,43.39078,42.157927,41.369089,41.095122,44.363837,45.156735,45.142427,44.288703,43.496982,43.573197,42.68666,44.403169,47.245735,47.751292,48.180539,42.848343,43.048658,44.422247,44.737898,46.327422,45.585644,44.049103,43.562613,43.398843,43.50616,42.53183,43.41811,44.901667,36.318233,34.478238,35.676739,34.680863,36.621665,36.470497,36.543643,37.089896,37.206832,38.123592,38.474692,41.127447,40.303337,36.524137,38.611231,44.355615,45.243117,41.230568,38.64873,34.933643,33.081027,33.760976,33.386511,33.691996,35.101167,32.056175,29.021038,30.67164,29.686206,28.833805,31.54,32.32,31.78,35.845,36.12,37.42,35.586011,35.467358,35.54646,40.33213,39.580661,40.248084],"closes":[45.448371,45.002252,43.784719,45.262488,45.271782,45.578489,45.104487,44.788487,43.478012,45.141664,51.833449,53.329806,53.945543,55.575714,55.116643,53.196039,52.034308,51.013109,51.050584,49.514101,50.675832,53.336571,56.297112,52.118627,52.530855,52.577699,52.053046,53.234715,49.408618,48.567821,48.548927,50.268309,45.327447,44.250471,43.721431,44.732276,43.305756,41.822553,47.368032,45.471516,45.605059,45.166274,43.773608,43.716375,45.185352,48.104228,49.992913,48.027918,53.112104,44.269626,45.35705,44.892033,47.098101,47.859146,46.905431,44.304391,44.728264,43.658947,45.441142,44.015386,44.872766,47.078834,37.22378,36.703572,36.42661,36.738698,38.50395,38.094334,37.58719,37.294606,38.903814,39.254914,42.268521,42.278274,41.975938,39.323183,45.42842,47.886119,45.71125,42.91566,38.954215,36.707425,33.268259,34.933643,34.283256,35.968349,36.589173,32.174427,31.297391,32.548892,29.819239,31.29,33.47,33.61,36.15,36.82,38.76,38.79,37.504234,37.138387,41.686752,40.371681,41.113263,40.74],"pressureRange":[-1.682796,1.682796],"priceRange":[29.337369,56.297112],"zones":{"accumulationBoundary":0.06,"distributionBoundary":0.94},"latest":0.864747,"state":"Positive Market Dynamics ahead of price","context":{"scenario":"dynamicsAhead","latestDirection":"slight strengthening","fourWeekDirection":"strengthening","now":{"label":"Slightly 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":"26 Jun 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","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":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.34,"forwardCorrelation":-0.11,"directionalAgreement":43.1,"sample":255,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":7,"completedEpisodes":7,"activeEpisodes":0,"averageWeeksInZone":2.0,"medianWeeksInZone":1,"averageWeeksToHigher":1.4,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":7,"expectedCount":6,"expectedPercent":85.7,"medianReturn":1.5,"averageReturn":9.3,"confidenceLow":48.7,"confidenceHigh":97.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":7,"expectedCount":6,"expectedPercent":85.7,"medianReturn":8.9,"averageReturn":15.2,"confidenceLow":48.7,"confidenceHigh":97.4,"confidence":"Mixed historical record"},{"weeks":26,"sample":6,"expectedCount":6,"expectedPercent":100.0,"medianReturn":12.0,"averageReturn":20.6,"confidenceLow":61.0,"confidenceHigh":100.0,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.0,"sample":7},{"week":2,"averageReturn":4.9,"sample":7},{"week":3,"averageReturn":5.2,"sample":7},{"week":4,"averageReturn":9.3,"sample":7},{"week":5,"averageReturn":10.0,"sample":7},{"week":6,"averageReturn":12.0,"sample":7},{"week":7,"averageReturn":13.1,"sample":7},{"week":8,"averageReturn":14.7,"sample":7},{"week":9,"averageReturn":11.9,"sample":7},{"week":10,"averageReturn":14.2,"sample":7},{"week":11,"averageReturn":12.5,"sample":7},{"week":12,"averageReturn":15.2,"sample":7},{"week":13,"averageReturn":16.3,"sample":7},{"week":14,"averageReturn":16.6,"sample":6},{"week":15,"averageReturn":13.7,"sample":6},{"week":16,"averageReturn":19.4,"sample":6},{"week":17,"averageReturn":18.5,"sample":6},{"week":18,"averageReturn":18.9,"sample":6},{"week":19,"averageReturn":18.6,"sample":6},{"week":20,"averageReturn":20.9,"sample":6},{"week":21,"averageReturn":17.2,"sample":6},{"week":22,"averageReturn":20.7,"sample":6},{"week":23,"averageReturn":18.8,"sample":6},{"week":24,"averageReturn":21.7,"sample":6},{"week":25,"averageReturn":21.0,"sample":6},{"week":26,"averageReturn":20.6,"sample":6}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.5,"medianWeeksInZone":1.5,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-7.9,"averageReturn":-7.9,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-13.9,"averageReturn":-13.9,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-11.9,"averageReturn":-11.9,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-4.1,"sample":2},{"week":2,"averageReturn":-5.5,"sample":2},{"week":3,"averageReturn":-6.5,"sample":2},{"week":4,"averageReturn":-7.9,"sample":2},{"week":5,"averageReturn":-6.8,"sample":2},{"week":6,"averageReturn":-11.6,"sample":2},{"week":7,"averageReturn":-11.3,"sample":2},{"week":8,"averageReturn":-8.9,"sample":2},{"week":9,"averageReturn":-4.7,"sample":2},{"week":10,"averageReturn":-12.9,"sample":2},{"week":11,"averageReturn":-13.4,"sample":2},{"week":12,"averageReturn":-13.9,"sample":2},{"week":13,"averageReturn":-13.4,"sample":2},{"week":14,"averageReturn":-13.6,"sample":2},{"week":15,"averageReturn":-18.4,"sample":2},{"week":16,"averageReturn":-14.2,"sample":2},{"week":17,"averageReturn":-15.9,"sample":2},{"week":18,"averageReturn":-14.3,"sample":2},{"week":19,"averageReturn":-19.1,"sample":2},{"week":20,"averageReturn":-21.3,"sample":2},{"week":21,"averageReturn":-21.8,"sample":2},{"week":22,"averageReturn":-19.6,"sample":2},{"week":23,"averageReturn":-18.3,"sample":2},{"week":24,"averageReturn":-18.0,"sample":2},{"week":25,"averageReturn":-14.7,"sample":2},{"week":26,"averageReturn":-11.9,"sample":2}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":21,"completedEpisodes":20,"activeEpisodes":1,"medianExpectedMove":7.7,"averageExpectedMove":9.0,"averageWeeksToLargestMove":7.0,"horizons":[{"weeks":4,"sample":21,"expectedCount":9,"expectedPercent":42.9,"averageReturn":-0.3,"medianReturn":-1.3,"confidenceLow":24.5,"confidenceHigh":63.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":20,"expectedCount":9,"expectedPercent":45.0,"averageReturn":-0.5,"medianReturn":-0.4,"confidenceLow":25.8,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":20,"expectedCount":10,"expectedPercent":50.0,"averageReturn":2.1,"medianReturn":3.5,"confidenceLow":29.9,"confidenceHigh":70.1,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.6,"sample":21},{"week":2,"averageReturn":-0.2,"sample":21},{"week":3,"averageReturn":-0.3,"sample":21},{"week":4,"averageReturn":-0.3,"sample":21},{"week":5,"averageReturn":-0.5,"sample":21},{"week":6,"averageReturn":-0.1,"sample":21},{"week":7,"averageReturn":-0.2,"sample":21},{"week":8,"averageReturn":-1.1,"sample":20},{"week":9,"averageReturn":-0.5,"sample":20},{"week":10,"averageReturn":-1.0,"sample":20},{"week":11,"averageReturn":-0.1,"sample":20},{"week":12,"averageReturn":-0.5,"sample":20},{"week":13,"averageReturn":-2.0,"sample":20},{"week":14,"averageReturn":-1.0,"sample":20},{"week":15,"averageReturn":-0.1,"sample":20},{"week":16,"averageReturn":-3.1,"sample":20},{"week":17,"averageReturn":-1.9,"sample":20},{"week":18,"averageReturn":-1.4,"sample":20},{"week":19,"averageReturn":-2.9,"sample":20},{"week":20,"averageReturn":-1.0,"sample":20},{"week":21,"averageReturn":-0.7,"sample":20},{"week":22,"averageReturn":-0.6,"sample":20},{"week":23,"averageReturn":-0.6,"sample":20},{"week":24,"averageReturn":1.3,"sample":20},{"week":25,"averageReturn":0.3,"sample":20},{"week":26,"averageReturn":2.1,"sample":20}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":20,"completedEpisodes":20,"activeEpisodes":0,"medianExpectedMove":8.5,"averageExpectedMove":10.4,"averageWeeksToLargestMove":6.1,"horizons":[{"weeks":4,"sample":20,"expectedCount":9,"expectedPercent":45.0,"averageReturn":2.8,"medianReturn":2.7,"confidenceLow":25.8,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":20,"expectedCount":9,"expectedPercent":45.0,"averageReturn":0.5,"medianReturn":2.0,"confidenceLow":25.8,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":18,"expectedCount":10,"expectedPercent":55.6,"averageReturn":1.2,"medianReturn":-1.9,"confidenceLow":33.7,"confidenceHigh":75.4,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.0,"sample":20},{"week":2,"averageReturn":2.9,"sample":20},{"week":3,"averageReturn":4.4,"sample":20},{"week":4,"averageReturn":2.8,"sample":20},{"week":5,"averageReturn":1.7,"sample":20},{"week":6,"averageReturn":1.9,"sample":20},{"week":7,"averageReturn":0.1,"sample":20},{"week":8,"averageReturn":-0.3,"sample":20},{"week":9,"averageReturn":-0.4,"sample":20},{"week":10,"averageReturn":1.4,"sample":20},{"week":11,"averageReturn":1.4,"sample":20},{"week":12,"averageReturn":0.5,"sample":20},{"week":13,"averageReturn":1.9,"sample":20},{"week":14,"averageReturn":1.6,"sample":20},{"week":15,"averageReturn":2.3,"sample":20},{"week":16,"averageReturn":3.0,"sample":20},{"week":17,"averageReturn":1.8,"sample":19},{"week":18,"averageReturn":1.2,"sample":19},{"week":19,"averageReturn":3.5,"sample":19},{"week":20,"averageReturn":2.5,"sample":19},{"week":21,"averageReturn":0.9,"sample":18},{"week":22,"averageReturn":1.7,"sample":18},{"week":23,"averageReturn":0.5,"sample":18},{"week":24,"averageReturn":-1.2,"sample":18},{"week":25,"averageReturn":-1.6,"sample":18},{"week":26,"averageReturn":1.2,"sample":18}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":18,"completedEpisodes":17,"activeEpisodes":1,"medianExpectedMove":9.2,"averageExpectedMove":11.3,"averageWeeksToLargestMove":6.2,"horizons":[{"weeks":4,"sample":18,"expectedCount":8,"expectedPercent":44.4,"averageReturn":-0.0,"medianReturn":0.4,"confidenceLow":24.6,"confidenceHigh":66.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":17,"expectedCount":9,"expectedPercent":52.9,"averageReturn":-0.3,"medianReturn":-0.4,"confidenceLow":31.0,"confidenceHigh":73.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":10,"expectedPercent":62.5,"averageReturn":-0.4,"medianReturn":-9.4,"confidenceLow":38.6,"confidenceHigh":81.5,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.4,"sample":18},{"week":2,"averageReturn":-0.5,"sample":18},{"week":3,"averageReturn":0.2,"sample":18},{"week":4,"averageReturn":-0.0,"sample":18},{"week":5,"averageReturn":-1.4,"sample":18},{"week":6,"averageReturn":-1.4,"sample":18},{"week":7,"averageReturn":-1.1,"sample":18},{"week":8,"averageReturn":-1.2,"sample":18},{"week":9,"averageReturn":-2.3,"sample":18},{"week":10,"averageReturn":0.4,"sample":18},{"week":11,"averageReturn":-0.5,"sample":18},{"week":12,"averageReturn":-0.3,"sample":17},{"week":13,"averageReturn":-0.3,"sample":17},{"week":14,"averageReturn":0.2,"sample":17},{"week":15,"averageReturn":-0.7,"sample":17},{"week":16,"averageReturn":0.9,"sample":17},{"week":17,"averageReturn":-0.5,"sample":17},{"week":18,"averageReturn":-0.2,"sample":16},{"week":19,"averageReturn":-0.7,"sample":16},{"week":20,"averageReturn":-1.4,"sample":16},{"week":21,"averageReturn":-0.9,"sample":16},{"week":22,"averageReturn":-2.6,"sample":16},{"week":23,"averageReturn":-2.7,"sample":16},{"week":24,"averageReturn":-3.0,"sample":16},{"week":25,"averageReturn":0.7,"sample":16},{"week":26,"averageReturn":-0.4,"sample":16}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":20,"completedEpisodes":20,"activeEpisodes":0,"medianExpectedMove":9.0,"averageExpectedMove":11.3,"averageWeeksToLargestMove":6.6,"horizons":[{"weeks":4,"sample":20,"expectedCount":12,"expectedPercent":60.0,"averageReturn":0.9,"medianReturn":1.0,"confidenceLow":38.7,"confidenceHigh":78.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":20,"expectedCount":12,"expectedPercent":60.0,"averageReturn":2.6,"medianReturn":1.7,"confidenceLow":38.7,"confidenceHigh":78.1,"confidence":"Mixed historical record"},{"weeks":26,"sample":19,"expectedCount":8,"expectedPercent":42.1,"averageReturn":0.4,"medianReturn":-4.4,"confidenceLow":23.1,"confidenceHigh":63.7,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.5,"sample":20},{"week":2,"averageReturn":-0.5,"sample":20},{"week":3,"averageReturn":0.4,"sample":20},{"week":4,"averageReturn":0.9,"sample":20},{"week":5,"averageReturn":2.1,"sample":20},{"week":6,"averageReturn":3.5,"sample":20},{"week":7,"averageReturn":3.5,"sample":20},{"week":8,"averageReturn":3.5,"sample":20},{"week":9,"averageReturn":3.0,"sample":20},{"week":10,"averageReturn":2.6,"sample":20},{"week":11,"averageReturn":1.7,"sample":20},{"week":12,"averageReturn":2.6,"sample":20},{"week":13,"averageReturn":0.8,"sample":20},{"week":14,"averageReturn":2.2,"sample":20},{"week":15,"averageReturn":1.2,"sample":20},{"week":16,"averageReturn":2.4,"sample":20},{"week":17,"averageReturn":1.0,"sample":20},{"week":18,"averageReturn":2.3,"sample":20},{"week":19,"averageReturn":2.0,"sample":20},{"week":20,"averageReturn":1.8,"sample":20},{"week":21,"averageReturn":2.8,"sample":20},{"week":22,"averageReturn":3.9,"sample":20},{"week":23,"averageReturn":4.1,"sample":20},{"week":24,"averageReturn":3.9,"sample":19},{"week":25,"averageReturn":3.1,"sample":19},{"week":26,"averageReturn":0.4,"sample":19}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":22.3,"averageExpectedMove":22.3,"averageWeeksToLargestMove":12.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-7.5,"medianReturn":-7.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-22.3,"medianReturn":-22.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-5.7,"medianReturn":-5.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-7.4,"sample":1},{"week":2,"averageReturn":-6.7,"sample":1},{"week":3,"averageReturn":-6.6,"sample":1},{"week":4,"averageReturn":-7.5,"sample":1},{"week":5,"averageReturn":-5.4,"sample":1},{"week":6,"averageReturn":-12.2,"sample":1},{"week":7,"averageReturn":-13.7,"sample":1},{"week":8,"averageReturn":-13.8,"sample":1},{"week":9,"averageReturn":-10.7,"sample":1},{"week":10,"averageReturn":-19.5,"sample":1},{"week":11,"averageReturn":-21.4,"sample":1},{"week":12,"averageReturn":-22.3,"sample":1},{"week":13,"averageReturn":-20.5,"sample":1},{"week":14,"averageReturn":-23.1,"sample":1},{"week":15,"averageReturn":-25.7,"sample":1},{"week":16,"averageReturn":-15.9,"sample":1},{"week":17,"averageReturn":-19.2,"sample":1},{"week":18,"averageReturn":-19.0,"sample":1},{"week":19,"averageReturn":-19.8,"sample":1},{"week":20,"averageReturn":-22.2,"sample":1},{"week":21,"averageReturn":-22.3,"sample":1},{"week":22,"averageReturn":-19.7,"sample":1},{"week":23,"averageReturn":-14.6,"sample":1},{"week":24,"averageReturn":-11.2,"sample":1},{"week":25,"averageReturn":-14.7,"sample":1},{"week":26,"averageReturn":-5.7,"sample":1}]},"currentApplication":{"status":"Underlying strength ahead of price","tone":"positive","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":60.0,"averageReturn":2.6,"sample":20},"nowContext":{"label":"Slightly 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, 60.0% of comparable cases moved higher after 12 weeks, with an average move of 2.6% across 20 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 85.7% of completed 12-week outcomes were higher across 7 cases. Distinct visits lasted 2.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 11.3% across 20 completed cases, with the largest move arriving after 6.6 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":[{"date":"2026-06-26","price":38.76}],"distribution_rollovers":[{"date":"2024-12-06","price":53.196039}],"price_pressure_gaps":[{"date":"2025-01-24","price":56.297112}]}},"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":[45.4484,45.0023,43.7847,45.2625,45.2718,45.5785,45.1045,44.7885,43.478,45.1417,51.8334,53.3298,53.9455,55.5757,55.1166,53.196,52.0343,51.0131,51.0506,49.5141,50.6758,53.3366,56.2971,52.1186,52.5309,52.5777,52.053,53.2347,49.4086,48.5678,48.5489,50.2683,45.3274,44.2505,43.7214,44.7323,43.3058,41.8226,47.368,45.4715,45.6051,45.1663,43.7736,43.7164,45.1854,48.1042,49.9929,48.0279,53.1121,44.2696,45.3571,44.892,47.0981,47.8591,46.9054,44.3044,44.7283,43.6589,45.4411,44.0154,44.8728,47.0788,37.2238,36.7036,36.4266,36.7387,38.504,38.0943,37.5872,37.2946,38.9038,39.2549,42.2685,42.2783,41.9759,39.3232,45.4284,47.8861,45.7112,42.9157,38.9542,36.7074,33.2683,34.9336,34.2833,35.9683,36.5892,32.1744,31.2974,32.5489,29.8192,31.29,33.47,33.61,36.15,36.82,38.76,38.79,37.5042,37.1384,41.6868,40.3717,41.1133,40.74],"consensus":[58.5983,25.7834,0.0,46.0185,0.0,32.6124,15.1136,12.7512,-27.5332,32.4461,72.9271,53.2418,56.8767,63.4074,28.0513,0.0,0.0,-15.6638,0.0,-37.63,9.247,54.7029,69.5001,-24.9135,21.5761,0.0,-18.6417,29.9488,-54.9923,-27.3222,-30.2082,0.0,-59.1531,-35.1513,-47.2116,-16.3447,-39.3558,-42.4569,42.0883,-23.4904,0.0,0.0,-38.9768,-27.9981,13.095,46.6193,52.7083,0.0,72.0007,-55.2363,0.0,-26.0141,15.0743,30.3415,0.0,-41.5805,-13.0876,-40.0645,15.1893,-20.2517,0.0,39.7774,-70.0716,-32.3635,-42.1334,-24.8519,0.0,-13.3348,-21.2456,-27.6828,16.3473,9.7448,56.9302,31.1015,23.1329,-32.3162,65.3683,63.1753,0.0,0.0,-55.6176,-49.9577,-70.4104,-20.9272,-40.721,0.0,0.0,-64.5623,-39.4845,-14.9264,-62.5096,0.0,19.7132,0.0,45.8173,26.8344,47.9849,37.9716,9.1689,0.0,62.9134,0.0,32.5964,20.1947],"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":[28.2611,31.3652,0.0,-48.296,-9.8211,-41.5723,25.1031,-18.2316,0.0,37.3294,-61.6618,-19.1388,-39.414,-12.5947,0.0,-16.2667,-27.624,-38.7013,23.5405,10.5747,52.3999,28.1554,20.0692,-30.8957,58.8871,60.4734,0.0,0.0,-56.7698,-46.1285,-73.0371,-17.5608,-39.187,0.0,0.0,-67.4386,-35.7259,-8.3949,-67.2383,0.0,20.5997,0.0,41.8325,19.8265,44.9476,37.9664,5.4436,0.0,60.6321,0.0,27.6043,11.4419],"force":[34.4267,34.0241,0.0,-56.2503,-2.305,-37.9779,40.2298,-24.8358,0.0,55.8439,-97.5541,-13.0432,-18.7438,-4.6026,0.0,-1.8688,-9.9837,-14.1088,40.3684,18.968,83.0853,17.9468,7.9587,-69.0367,94.5289,69.9105,0.0,0.0,-74.1491,-54.6966,-81.6096,-20.4612,-26.0057,0.0,0.0,-80.0789,-29.3479,-16.9507,-62.203,0.0,45.7609,0.0,66.3279,19.0164,49.0286,20.5873,12.0649,0.0,80.3008,0.0,18.2792,0.136],"direction":[13.8195,26.5412,0.0,-23.4271,-27.8155,-39.8317,14.0269,-19.2859,0.0,31.0989,-60.0523,-61.2777,-61.9481,-59.8991,0.0,-20.8438,-22.0002,-24.7859,9.0315,2.2085,43.4254,43.8648,37.473,-7.7108,51.9465,61.4524,0.0,0.0,-41.064,-50.9491,-59.409,-54.3376,-52.9849,0.0,0.0,-50.1919,-51.0206,-45.1604,-57.3244,0.0,0.0947,0.0,35.7209,40.4278,50.7106,50.3949,28.5934,0.0,53.1009,0.0,48.5283,44.7198],"intensity":[59.6154,44.2308,11.5385,65.3846,15.3846,15.3846,46.1538,34.6154,5.7692,57.6923,100.0,100.0,21.1538,11.5385,53.8462,1.9231,3.8462,5.7692,46.1538,11.5385,75.0,65.3846,7.6923,80.7692,92.3077,90.3846,55.7692,78.8462,76.9231,75.0,73.0769,44.2308,7.6923,48.0769,36.5385,84.6154,73.0769,44.2308,67.3077,40.3846,65.3846,9.6154,59.6154,84.6154,50.0,26.9231,48.0769,1.9231,88.4615,90.3846,51.9231,11.5385],"confirmation":[30.8274,77.8059,24.7243,81.6505,49.5938,80.7341,31.1317,74.651,26.6781,81.2557,91.3886,77.969,80.8113,53.557,7.9318,49.4911,74.3582,76.2769,30.447,48.7201,87.0838,77.5965,52.3201,56.8153,89.9053,88.4625,32.9332,30.5999,86.3448,84.1892,90.8326,32.5184,80.6056,7.6263,25.5995,89.089,80.3834,30.1873,87.9217,7.675,52.4219,23.9045,83.3473,76.4555,83.4333,79.6212,4.9175,25.5854,88.6969,31.6515,78.0706,59.3384],"persistence":[25.0,25.0,12.5,0.0,25.0,25.0,12.5,12.5,25.0,25.0,37.5,37.5,37.5,37.5,50.0,50.0,62.5,87.5,62.5,37.5,12.5,12.5,25.0,25.0,50.0,75.0,62.5,50.0,25.0,0.0,25.0,25.0,50.0,62.5,62.5,75.0,75.0,75.0,75.0,62.5,37.5,37.5,25.0,0.0,25.0,50.0,75.0,75.0,75.0,75.0,75.0,75.0],"assessmentRisk":[55.3455,25.4129,22.1086,11.8255,24.629,23.0573,29.2273,5.5013,0.8614,22.1036,14.5192,33.0586,28.5742,37.4932,17.152,28.5816,29.5943,23.3287,1.4293,14.1912,17.2364,30.9522,27.5431,18.7415,12.9917,17.9674,44.3684,48.0967,21.4524,24.9949,14.7783,39.1614,25.9871,13.7849,39.6414,4.2908,18.8676,37.8862,18.6011,18.0285,27.0809,22.2341,26.8043,36.2566,25.5701,30.547,25.6162,5.1947,14.7095,33.9786,31.749,38.8033],"volumeParticipation":true,"latest":{"consensus":20.2,"control":11.4,"force":0.1,"direction":44.7,"confirmation":59.3,"persistence":75.0,"assessmentRisk":38.8,"intensity":11.5,"evidenceDepth":100},"analysis":{"status":"Joint upward confirmation","headline":"The gauges support the upward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same upward assessment.","take":"Current assessment: upward pressure has broad support.","tone":"positive","supportedView":"Price structure and Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is strengthening","forceState":"Commitment is limited","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Established","confirmationState":"Qualified support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+20.2","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+11.4","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+0.1","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+44.7","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"59/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"56.5","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"8.0%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"18.8","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"61%","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":[45.4484,45.0023,43.7847,45.2625,45.2718,45.5785,45.1045,44.7885,43.478,45.1417,51.8334,53.3298,53.9455,55.5757,55.1166,53.196,52.0343,51.0131,51.0506,49.5141,50.6758,53.3366,56.2971,52.1186,52.5309,52.5777,52.053,53.2347,49.4086,48.5678,48.5489,50.2683,45.3274,44.2505,43.7214,44.7323,43.3058,41.8226,47.368,45.4715,45.6051,45.1663,43.7736,43.7164,45.1854,48.1042,49.9929,48.0279,53.1121,44.2696,45.3571,44.892,47.0981,47.8591,46.9054,44.3044,44.7283,43.6589,45.4411,44.0154,44.8728,47.0788,37.2238,36.7036,36.4266,36.7387,38.504,38.0943,37.5872,37.2946,38.9038,39.2549,42.2685,42.2783,41.9759,39.3232,45.4284,47.8861,45.7112,42.9157,38.9542,36.7074,33.2683,34.9336,34.2833,35.9683,36.5892,32.1744,31.2974,32.5489,29.8192,31.29,33.47,33.61,36.15,36.82,38.76,38.79,37.5042,37.1384,41.6868,40.3717,41.1133,40.74],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[42.0734,42.606,42.8203,43.2643,43.6293,43.9837,44.1875,44.2968,44.1479,44.3286,45.6931,47.0816,48.3296,49.6471,50.6415,51.106,51.2748,51.2272,51.1951,50.8895,50.8506,51.3026,52.2107,52.194,52.2552,52.3138,52.2664,52.4425,51.8909,51.2867,50.7889,50.6943,49.7185,48.7243,47.8147,47.2542,46.5363,45.6793,45.9863,45.8927,45.8404,45.7179,45.3644,45.0647,45.0867,45.6353,46.4276,46.7186,47.881,47.2244,46.8849,46.5226,46.6272,46.8512,46.861,46.3962,46.0929,45.6504,45.6124,45.322,45.2403,45.5746,44.0563,42.7194,41.5753,40.6959,40.2974,39.8968,39.4769,39.0801,39.048,39.0857,39.6644,40.1396,40.4735,40.2643,41.2033,42.4183,43.017,42.9986,42.2633,41.2531,39.8013,38.9163,38.0739,37.6911,37.4907,36.5241,35.5738,35.0238,34.0775,33.5707,33.5524,33.5629,34.0333,34.5399,35.3072,35.9405,36.2248,36.3909,37.3538,37.9025,38.4863,38.896],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[39.0133,39.4569,39.7775,40.1838,40.5607,40.9324,41.2414,41.5042,41.6504,41.909,42.6441,43.4357,44.2142,45.0558,45.801,46.3488,46.7699,47.0843,47.3781,47.5363,47.7688,48.1813,48.7824,49.0296,49.2889,49.5325,49.7192,49.9796,49.9373,49.8359,49.7406,49.7797,49.4499,49.0647,48.6689,48.3773,48.0017,47.5439,47.5309,47.3784,47.247,47.0929,46.847,46.6151,46.5092,46.6273,46.8767,46.9619,47.4175,47.1843,47.049,46.8892,46.9047,46.9754,46.9702,46.7727,46.6213,46.4019,46.3307,46.1592,46.0639,46.1391,45.4787,44.8287,44.2063,43.6531,43.2717,42.8882,42.4955,42.1103,41.8728,41.6789,41.7225,41.7637,41.7794,41.5975,41.8813,42.3261,42.5768,42.6019,42.3317,41.9151,41.2746,40.8049,40.3218,39.9993,39.7467,39.1858,38.6015,38.1531,37.5358,37.0732,36.8063,36.5695,36.5384,36.5593,36.7223,36.8755,36.922,36.9381,37.2898,37.5181,37.7844,38.0033],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[47.583,48.0754,47.9943,47.5248,47.1274,46.9039,46.7314,46.9476,46.9986,47.222,49.136,51.0674,52.6462,54.2967,55.5474,56.3035,56.8021,57.0273,57.0041,57.018,57.1719,57.5735,58.2838,58.362,58.4079,58.4045,58.2105,57.9227,56.9885,56.307,56.4784,56.3725,56.7452,56.7748,56.7207,56.6437,56.7609,57.0316,56.8349,56.7745,56.5859,55.9869,54.6156,54.0441,53.2487,52.4909,52.0642,50.9347,51.8422,51.5927,51.3224,50.685,50.8093,51.0204,51.0919,51.0971,51.0489,50.876,50.7612,50.7728,50.7611,50.8608,51.8565,52.6487,53.2143,53.2594,52.6588,52.2857,50.6411,50.5702,50.2394,49.9171,49.2974,48.4599,47.7348,47.3286,47.4557,48.264,48.3117,48.179,47.6811,46.6747,47.0092,47.1124,47.2514,47.278,47.2802,47.5976,47.943,48.0979,48.3907,48.4065,47.9154,47.3468,46.7954,46.5953,45.4693,43.4329,41.5929,40.3347,40.9847,41.5689,42.3677,42.9944],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[31.1726,31.7977,33.0358,34.9503,36.5706,37.8381,38.8195,38.8984,39.0453,39.1752,38.3133,37.4739,37.3184,37.2846,37.5302,37.8859,38.2725,38.9206,39.9672,40.529,40.8979,41.3297,41.8706,42.478,43.1581,43.8613,44.7503,45.8827,47.4099,48.434,47.9342,47.7339,46.4994,45.3372,44.2519,43.4825,42.4924,41.3027,41.1311,40.7873,40.4688,40.2508,40.3697,40.1009,40.1618,40.4723,40.6929,41.3018,40.7646,40.5844,40.5354,40.6352,40.688,40.8377,41.0846,41.0366,41.2271,41.5836,41.5058,41.3486,41.287,41.3786,39.7279,38.2344,36.7929,35.6113,35.063,34.4427,34.5348,33.9082,33.5937,33.3523,33.4891,33.7685,34.0006,33.9087,33.8516,33.466,33.4453,33.4681,33.3741,33.3433,32.6133,32.3331,31.9798,31.8761,31.6824,30.7731,29.7987,29.1692,27.9679,27.1556,26.7669,26.4687,26.4375,26.3872,26.8465,27.9733,28.9925,29.673,29.2963,29.0785,29.0642,29.0181],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"relative","eyebrow":"Relative leadership","title":"Strength versus the research benchmark","description":"Relative performance is separated from absolute price direction to reveal leadership and lagging pressure.","reason":"Selected because benchmark-relative leadership is strengthening, fading or diverging from price.","series":[{"label":"Relative strength","values":[14.3256,12.5947,13.9318,12.8934,11.0798,11.0475,9.4144,7.2937,3.1719,7.9895,25.0938,22.1621,25.3829,26.1487,23.0795,17.3197,15.0333,14.4202,13.2831,10.1302,14.4941,16.474,20.1617,11.6835,12.1131,10.0002,10.0351,12.8929,7.5678,7.6622,6.6637,11.5193,10.0385,1.28,1.0926,-1.5785,-7.6631,-10.5635,-3.9937,-5.403,-6.7301,-9.0564,-11.4675,-11.3324,-11.4195,-7.3774,-3.6442,-7.9929,0.1555,-14.2733,-14.1725,-15.6804,-11.611,-10.0075,-11.9027,-17.8034,-17.7749,-19.2331,-16.6334,-17.0353,-16.7142,-14.0876,-31.9476,-31.2034,-31.1709,-28.5471,-27.1323,-27.5543,-27.5246,-27.5821,-24.9403,-22.9351,-17.7403,-16.8041,-16.3905,-21.3452,-8.4027,-1.7436,-6.712,-11.3042,-17.2104,-20.0969,-25.5189,-19.1827,-22.4753,-20.7957,-22.1822,-31.1942,-33.0272,-31.3236,-36.4486,-33.134,-28.7576,-25.9197,-20.1375,-18.7663,-11.8138,-12.9028,-16.0775,-14.8341,-2.9531,-6.4783,-7.4118,-8.0602],"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":"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":[2.6106,2.6868,2.6187,2.6533,2.651,2.6434,2.5696,2.4572,2.2366,2.1711,2.6287,3.0767,3.4418,3.8186,4.0337,4.0031,3.8407,3.5884,3.3527,3.0073,2.7951,2.8092,3.0245,2.8253,2.6699,2.5215,2.3347,2.2559,1.8633,1.4674,1.139,1.0058,0.4959,0.0049,-0.4221,-0.6712,-0.9725,-1.3158,-1.1274,-1.1183,-1.0877,-1.0863,-1.184,-1.2516,-1.1731,-0.8654,-0.4638,-0.3006,0.2363,-0.0512,-0.1891,-0.332,-0.2643,-0.1475,-0.1304,-0.323,-0.4364,-0.6056,-0.589,-0.6831,-0.6806,-0.495,-1.13,-1.6562,-2.0716,-2.3486,-2.3981,-2.4421,-2.4893,-2.5212,-2.3891,-2.2304,-1.8402,-1.5128,-1.2631,-1.2647,-0.7646,-0.1679,0.128,0.1353,-0.1765,-0.598,-1.1958,-1.5176,-1.8044,-1.8741,-1.8578,-2.176,-2.4705,-2.5733,-2.8422,-2.9032,-2.744,-2.5768,-2.2138,-1.8508,-1.3905,-1.0116,-0.8058,-0.6646,-0.1835,0.0905,0.3634,0.5433],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[2.346,2.4142,2.4551,2.4947,2.526,2.5495,2.5535,2.5342,2.4747,2.414,2.4569,2.5809,2.7531,2.9662,3.1797,3.3444,3.4436,3.4726,3.4486,3.3603,3.2473,3.1597,3.1326,3.0712,2.9909,2.897,2.7846,2.6788,2.5157,2.3061,2.0726,1.8593,1.5866,1.2703,0.9318,0.6112,0.2944,-0.0276,-0.2476,-0.4217,-0.5549,-0.6612,-0.7657,-0.8629,-0.9249,-0.913,-0.8232,-0.7186,-0.5277,-0.4324,-0.3837,-0.3734,-0.3516,-0.3107,-0.2747,-0.2843,-0.3147,-0.3729,-0.4161,-0.4695,-0.5117,-0.5084,-0.6327,-0.8374,-1.0842,-1.3371,-1.5493,-1.7279,-1.8802,-2.0084,-2.0845,-2.1137,-2.059,-1.9498,-1.8124,-1.7029,-1.5152,-1.2458,-0.971,-0.7497,-0.6351,-0.6277,-0.7413,-0.8966,-1.0781,-1.2373,-1.3614,-1.5243,-1.7136,-1.8855,-2.0769,-2.2421,-2.3425,-2.3894,-2.3543,-2.2536,-2.0809,-1.8671,-1.6548,-1.4568,-1.2021,-0.9436,-0.6822,-0.4371],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[0.2646,0.2726,0.1636,0.1586,0.125,0.094,0.0161,-0.077,-0.2381,-0.2429,0.1718,0.4958,0.6887,0.8524,0.854,0.6587,0.3971,0.1158,-0.0959,-0.353,-0.4522,-0.3505,-0.1082,-0.2459,-0.321,-0.3755,-0.4499,-0.4229,-0.6524,-0.8387,-0.9337,-0.8534,-1.0907,-1.2654,-1.3539,-1.2824,-1.267,-1.2882,-0.8799,-0.6965,-0.5328,-0.4251,-0.4182,-0.3887,-0.2481,0.0477,0.3594,0.4181,0.7639,0.3812,0.1946,0.0413,0.0873,0.1633,0.1443,-0.0386,-0.1216,-0.2327,-0.1729,-0.2136,-0.1689,0.0134,-0.4973,-0.8188,-0.9874,-1.0115,-0.8487,-0.7143,-0.6091,-0.5128,-0.3046,-0.1167,0.2188,0.437,0.5493,0.4382,0.7507,1.0778,1.099,0.8851,0.4586,0.0297,-0.4545,-0.6211,-0.7263,-0.6368,-0.4964,-0.6517,-0.757,-0.6878,-0.7653,-0.6611,-0.4015,-0.1874,0.1404,0.4028,0.6905,0.8555,0.849,0.7922,1.0186,1.0341,1.0456,0.9804],"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"]},{"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":[-1.3049,-2.2737,-4.9176,-1.7085,-1.6884,-1.0223,-2.0517,-2.7379,-5.5837,-1.9709,0.0,0.0,0.0,0.0,-0.826,-4.2819,-6.3722,-8.2097,-8.1423,-10.9069,-8.8166,-4.029,0.0,-7.4222,-6.69,-6.6068,-7.5387,-5.4397,-12.236,-13.7295,-13.763,-10.7089,-19.4853,-21.3983,-22.3381,-20.5425,-23.0764,-25.711,-15.8606,-19.2294,-18.9922,-19.7716,-22.2454,-22.347,-19.7377,-14.5529,-11.1981,-14.6885,-5.6575,-21.3643,-19.4327,-20.2587,-16.3401,-14.9883,-16.6823,-21.3026,-20.5496,-22.449,-19.2834,-21.8159,-20.293,-16.3743,-33.8798,-34.8038,-35.2958,-34.7414,-31.6058,-32.3334,-33.2342,-33.754,-30.8955,-30.2719,-24.9188,-24.9015,-25.4386,-30.1506,-19.3059,-14.9404,-18.8036,-23.7693,-30.806,-34.797,-40.9059,-37.9477,-39.103,-36.1098,-35.007,-42.8489,-44.4068,-42.1837,-47.0324,-44.4199,-40.5476,-40.2989,-35.7871,-34.597,-31.151,-31.0977,-33.3816,-34.0315,-25.9522,-28.2882,-26.9709,-27.6339],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[47.5011,46.0532,42.1018,46.8978,46.928,47.9234,46.385,45.3595,41.1064,36.6121,47.5118,44.0772,36.8873,41.0238,39.8589,34.9854,32.0375,29.4462,29.5413,23.3099,24.1542,30.6729,37.9262,27.689,20.8217,20.9294,19.7227,22.4405,13.6405,11.7066,11.6632,15.6178,4.2537,1.7767,0.0,2.312,0.0,0.0,13.2595,8.7249,9.0442,7.995,4.6651,4.5282,8.0406,15.0198,19.5358,14.8374,26.9939,5.8511,8.4512,7.3393,12.6141,14.4338,12.1534,5.9342,6.9477,4.3909,8.6522,5.2432,7.2932,12.5681,0.0,0.0,0.0,0.8568,5.7028,4.5783,3.1861,2.3829,6.8005,7.7644,16.0375,16.0643,15.2343,7.9518,24.7122,31.4592,25.4886,17.814,6.9389,0.7709,0.0,5.0059,3.0509,8.1161,9.9822,0.0,0.0,3.9987,0.0,4.9323,12.243,12.7125,21.2305,23.4773,29.9832,30.0838,25.7719,24.5451,39.7982,35.388,37.875,36.6232],"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":"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":[53.2213,61.3308,43.5521,60.7637,80.3993,60.2341,71.9783,85.7955,107.5628,89.372,174.4559,120.3874,89.0538,102.4788,67.3808,67.0784,84.1816,90.0144,34.0697,53.6552,86.9991,109.256,115.4869,333.4061,557.1521,169.9103,78.399,110.1349,96.742,86.0111,106.8115,117.7382,83.4126,93.7158,35.4029,35.4776,78.0162,66.8129,90.0005,44.945,43.7722,54.8382,40.5319,48.3212,64.4099,54.7618,87.4988,66.8684,101.8822,181.6084,94.8568,86.5052,88.7138,85.4129,66.6986,88.8261,125.1028,67.9342,88.2912,120.0056,107.2182,89.618,199.7872,153.9736,95.7805,103.7189,83.6505,96.9386,128.2908,110.5796,52.3031,51.4204,126.7329,100.2234,167.9688,226.6828,195.6901,127.0458,82.2412,124.8126,83.7936,115.2742,121.1627,121.4823,106.8455,112.9042,86.2532,116.6118,176.2056,108.6573,85.4872,84.5066,66.9438,77.3787,100.3728,92.9663,95.5661,54.0363,77.1172,83.4807,104.9811,109.7495,68.154,58.9436],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[77.6868,76.1195,75.0531,76.4799,78.3274,79.5978,78.0938,76.3827,74.227,76.0095,79.6337,82.2004,83.9367,85.9241,84.632,83.3774,81.9001,80.3376,80.9105,80.0342,81.4569,83.2561,85.2092,78.7282,93.0272,97.6748,95.5042,98.6314,95.8544,93.3546,90.2796,93.7206,91.2523,88.4404,87.3823,87.4143,83.5681,81.1652,84.5227,82.8313,84.4779,82.4167,80.9094,79.2574,80.971,81.22,82.1028,80.3146,82.983,78.0905,80.5653,78.4176,80.5667,82.5578,80.9989,78.8931,81.8431,80.282,82.2263,79.5392,80.6289,80.5942,74.7816,70.1204,67.1951,70.4337,73.0302,69.9783,65.8841,65.0,66.4608,67.8707,71.4163,74.2495,69.2276,65.0,71.1174,75.2483,72.5461,68.3579,65.5334,65.0,65.0,68.4256,65.3589,68.657,71.2077,67.6787,65.0,68.228,65.6204,68.2684,70.3532,72.7806,75.9106,78.7018,81.4821,83.0108,80.8239,78.4918,81.4682,78.3519,80.2444,78.6541],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"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":[5.3565,5.277,5.2971,5.2084,5.1331,4.9244,4.8827,4.8505,5.0246,4.8996,5.1163,5.0843,4.9532,4.898,4.8774,5.0196,5.1947,5.3255,5.2037,5.2266,5.0127,4.9281,4.7182,5.4579,5.6416,5.5401,5.5356,5.324,6.1788,6.3481,6.2444,6.3196,7.9176,8.5024,8.3538,8.1407,8.5671,8.6148,7.964,8.1393,7.7621,7.5417,7.6709,7.3412,7.0822,6.758,6.4914,6.6162,6.2508,8.689,8.3744,8.1968,7.7077,7.2791,7.2428,7.612,7.3951,7.3361,6.8733,7.0612,6.785,6.459,9.6744,9.645,9.4069,9.1424,8.4891,8.3817,8.3208,8.0131,7.4481,7.1027,6.7777,6.5673,6.5147,7.5612,7.2123,7.0473,7.346,8.0114,8.9781,9.685,10.9501,10.3361,10.3137,9.7448,9.3646,10.9903,11.5708,10.9789,11.8691,11.1196,10.1939,9.896,9.4198,8.9728,8.5967,8.2721,8.5548,8.583,8.1787,8.5469,8.2811,8.0036],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[41.6743,40.759,36.9209,30.4929,25.226,21.3963,18.4963,18.7526,18.4865,18.6274,24.7519,30.7054,34.0751,37.1518,38.7143,39.1076,38.9791,37.7427,35.138,33.8073,33.1887,32.8478,32.7759,31.5035,30.0294,28.4419,26.1463,23.1972,18.3501,15.0331,16.3663,16.5956,19.8477,22.402,24.6974,26.2893,28.7518,31.9907,32.0595,32.7736,33.2123,32.7025,29.9962,29.6206,28.0203,25.8566,24.5184,20.8874,23.9241,23.8851,23.4864,22.0102,22.1236,22.1704,21.7132,21.8388,21.2877,20.1005,20.0622,20.4604,20.5849,20.56,26.4861,31.7204,36.4892,39.7163,40.1171,41.1469,37.819,39.4467,39.7115,39.7861,38.1906,35.7331,33.6065,33.0389,33.4634,36.2117,36.3674,36.0354,35.3017,33.3209,36.1605,37.2059,38.5493,38.9161,39.5068,42.9357,46.6783,48.9957,53.4919,56.2474,56.6361,56.5682,55.5978,55.3779,51.5041,43.3005,35.7025,30.4587,33.2618,35.3597,37.2481,38.8164],"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"]}]},"canonical_url":"https://sharemaestro.com/terminal/b1f2e166-906c-455d-a812-b5f0471b77bd/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/b1f2e166-906c-455d-a812-b5f0471b77bd/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/b1f2e166-906c-455d-a812-b5f0471b77bd/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/b1f2e166-906c-455d-a812-b5f0471b77bd/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/b1f2e166-906c-455d-a812-b5f0471b77bd/technical-pack/data.json"},"source_fingerprint":"ea30a1ac78881d30c2c31b8ff97ecfb97528d2e992935f574e33d5a387e52237","content_hash":"180f492c3d754b7021de8e4062a98d9bd33c808022d18490b308a18db7a64a51","citation":"Sharemaestro, IP Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/b1f2e166-906c-455d-a812-b5f0471b77bd/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."}