{"schema_version":"1.0","name":"FMIZP Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"b3fcbff9-fd5c-4f25-956e-419a6d32ed96","symbol":"FMIZP","name":"Federal-Mogul Izmit Piston Ve Pim Üretim Tesisleri A.S.","exchange":"IST","country":"TR","asset_type":"equity","currency":"TRY","sector":"Consumer Cyclical","industry":"Auto Parts"},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. 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elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":30.6,"averageExpectedMove":30.6,"averageWeeksToLargestMove":9.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-25.2,"medianReturn":-25.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-26.9,"medianReturn":-26.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-17.9,"medianReturn":-17.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-20.0,"sample":1},{"week":2,"averageReturn":-21.9,"sample":1},{"week":3,"averageReturn":-21.5,"sample":1},{"week":4,"averageReturn":-25.2,"sample":1},{"week":5,"averageReturn":-26.7,"sample":1},{"week":6,"averageReturn":-26.1,"sample":1},{"week":7,"averageReturn":-30.4,"sample":1},{"week":8,"averageReturn":-30.4,"sample":1},{"week":9,"averageReturn":-30.6,"sample":1},{"week":10,"averageReturn":-24.8,"sample":1},{"week":11,"averageReturn":-25.8,"sample":1},{"week":12,"averageReturn":-26.9,"sample":1},{"week":13,"averageReturn":-23.4,"sample":1},{"week":14,"averageReturn":-21.0,"sample":1},{"week":15,"averageReturn":-20.9,"sample":1},{"week":16,"averageReturn":-20.4,"sample":1},{"week":17,"averageReturn":-11.8,"sample":1},{"week":18,"averageReturn":-11.6,"sample":1},{"week":19,"averageReturn":-12.0,"sample":1},{"week":20,"averageReturn":-19.9,"sample":1},{"week":21,"averageReturn":-13.3,"sample":1},{"week":22,"averageReturn":-17.1,"sample":1},{"week":23,"averageReturn":-20.8,"sample":1},{"week":24,"averageReturn":-19.4,"sample":1},{"week":25,"averageReturn":-23.1,"sample":1},{"week":26,"averageReturn":-17.9,"sample":1}]},"currentApplication":{"status":"Underlying support lags price","tone":"caution","headline":"Price is leading its underlying support","use":"Market Dynamics must catch up or price may correct toward the weaker underlying position.","confirm":"This is a downside risk watch, not a completed reversal. Stronger Market Dynamics or weaker price is needed to close the gap.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":61.1,"averageReturn":0.5,"sample":18},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 61.1% of comparable cases moved lower after 12 weeks, with an average move of 0.5% across 18 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use distribution to protect capital before considering the short case","tone":"negative","finding":"After distribution, 100.0% of completed 12-week outcomes were lower across 2 cases. Distinct visits lasted 1.0 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 8.5% across 18 completed cases, with the largest move arriving after 5.7 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":[],"distribution_rollovers":[],"price_pressure_gaps":[{"date":"2025-04-25","price":389.465546}]}},"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":[286.209,288.1727,295.0456,295.5365,316.6463,312.4734,280.8088,269.2721,296.5184,285.2271,302.6549,317.1372,305.1096,299.9548,300.4457,302.9004,300.4457,319.1009,314.1916,318.61,317.6281,313.9462,312.7189,300.4457,288.1727,283.7543,275.8995,293.0819,317.1372,319.5918,292.8364,300.6487,297.6963,298.4344,334.6008,389.4655,311.474,304.0931,305.5693,291.2996,285.3948,287.8551,271.1251,271.1251,270.141,292.7757,288.8393,284.6567,298.4344,307.5375,308.0296,309.9978,343.4579,344.442,342.7198,311.9661,337.5532,323.0374,308.2756,313.9343,299.6646,319.839,337.3072,350.3468,319.839,323.7755,307.2915,327.712,318.3629,315.1645,313.6883,314.9185,315.1645,322.7914,330.1723,319.593,315.1645,329.1882,310.4899,295.2361,286.379,288.3472,293.2678,281.0,274.25,285.0,298.5,290.75,295.5,327.0,306.0,288.0,292.0,302.75,297.0,295.5,290.0,319.75,296.75,288.25,287.75,281.5,283.75,297.75],"consensus":[-28.8528,-12.8898,0.0,0.0,34.9191,0.0,-43.4382,-43.758,22.2941,-26.5989,18.1053,36.7589,-8.5503,0.0,0.0,0.0,0.0,45.6586,0.0,18.0511,10.6941,0.0,0.0,-32.8077,-37.8218,-33.6963,-46.3336,13.8348,51.9558,23.6821,-33.4121,12.6751,-17.5465,0.0,64.561,80.3028,-36.3684,-16.932,-11.0289,-44.1032,-28.4883,-13.6207,-46.8812,-29.3204,-19.7792,27.0372,0.0,0.0,30.7371,27.8693,9.5998,20.239,71.507,31.8874,18.052,-31.9831,39.2713,-22.9234,-32.3586,11.9999,-37.5802,28.7847,43.797,40.1755,-22.6901,0.0,-36.7428,21.1266,-18.7487,-15.2524,0.0,0.0,0.0,17.6413,28.085,-18.3016,-15.1165,34.5669,-40.2247,-46.8683,-32.1581,-22.8622,-16.8695,-49.7743,-37.1664,0.0,28.5722,-12.9179,10.2007,59.7699,-24.0687,-30.0901,0.0,0.0,-17.427,-9.1375,-14.8672,49.8186,-12.6816,-24.9713,-15.3861,-35.4417,-14.5014,-28.046],"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":[69.6428,24.0815,7.272,-37.0148,45.5117,-24.302,-32.1314,16.5952,-31.3297,38.0241,43.9529,34.9243,-33.6169,0.0,-39.0477,28.9478,-23.6106,-17.3494,0.0,0.0,0.0,17.4056,28.3975,-23.7527,-19.5218,36.2551,-34.5514,-47.6154,-24.4938,-14.9249,-13.1888,-51.8893,-38.3934,0.0,29.5714,-20.0606,0.7386,51.2189,-28.3899,-34.1876,0.0,0.0,-21.8644,-20.2286,-19.365,52.2891,-16.6095,-28.4754,-19.9377,-30.0059,-11.1644,-19.4831],"force":[93.984,12.3165,7.2014,-72.1167,56.1047,-47.021,-42.5833,23.072,-52.4607,49.9843,53.681,40.9523,-50.6696,0.0,-41.9908,46.8218,-30.4067,-14.7254,0.0,0.0,0.0,28.391,32.2615,-38.4533,-18.903,56.1791,-68.1003,-52.2532,-23.4883,-2.7527,-0.6454,-58.8676,-27.1835,0.0,61.4096,-16.766,21.5946,88.4402,-70.6898,-43.834,0.0,0.0,-22.2493,-8.7932,-10.5679,59.2036,-19.633,-25.5027,-6.889,-38.9927,-2.3183,-59.6938],"direction":[57.5825,54.7878,48.4102,-2.4343,20.1156,-4.1353,-25.3149,1.1604,-34.0946,3.0829,36.5588,45.6219,-9.783,0.0,-30.3601,6.1658,-4.8652,-13.2322,0.0,0.0,0.0,10.2324,24.7446,-2.3224,-7.3772,17.2002,-26.7974,-42.168,-47.11,-46.2973,-33.5868,-40.862,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Dynamics has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-28.0","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-19.5","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-59.7","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-15.2","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"78/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"50.1","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"6.9%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"14.1","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"40%","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 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