{"schema_version":"1.0","name":"HSY Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"b67b875e-1fde-4bf8-860a-1013c318f134","symbol":"HSY","name":"The Hershey Company","exchange":"BUE","country":"AR","asset_type":"equity","currency":"ARS","sector":"Consumer Defensive","industry":"Confectioners"},"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, Acceleration, deceleration and rollover, Activity pressure and cumulative balance, Range pressure and compression, Drawdown and recovery pressure, Range position and boundary pressure."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":57,"displayedObservations":57,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","evidenceAlignment":{"status":"Underlying strength ahead of price","headline":"Market Dynamics is improving before price has fully responded","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","take":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2026-01-30","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":[0.288206,0.54975,0.669202,0.747959,0.925936,0.920656,0.815054,0.623928,0.397218,0.090126,-0.202579,-0.460309,-0.713799,-0.960014,-1.059285,-1.09371,-1.078024,-0.904301,-0.942461,-0.980001,-0.983047,-1.132776,-1.010283,-0.871676,-0.766198,-0.516345,-0.325266,-0.055387,0.332204],"opens":[13649.868536,13959.864847,15969.845945,15269.921875,15269.921515,16139.917246,15659.919973,15289.921463,14699.924805,15049.923061,14449.926241,13779.928969,13409.931226,13889.928764,13119.932873,13229.932558,13420.0,13650.0,13210.0,12910.0,12260.0,13010.0,14020.0,13273.229414,12796.704124,12647.78923,13382.433203,13402.288981,13571.057955],"highs":[13939.865049,16549.83996,16399.841797,15269.921875,16479.916016,16799.913862,15669.919922,15459.92059,14969.922852,15049.923061,14739.924805,13939.928557,13909.928505,13899.928713,13409.930867,13919.928349,13900.0,14580.0,14000.0,13020.0,12390.0,13120.0,14020.0,13273.229414,12985.328932,13213.664221,13978.09101,13710.044698,14395.050806],"lows":[13649.868536,13919.865234,15169.854078,14999.92321,15269.921515,15769.919354,15069.92239,14569.92547,14499.925781,14299.926758,14369.92609,13159.932512,13189.932668,13219.932617,12849.93436,13049.932827,13320.0,13470.0,13210.0,12650.0,12110.0,13010.0,13500.0,13273.229414,12558.441123,12568.368358,12935.690059,13173.953687,13441.999357],"closes":[13779.867188,16359.841797,15329.852539,15069.922852,16479.916016,15849.918945,15169.921875,14699.924805,14829.923828,14299.926758,14429.925781,13329.931641,13489.930664,13219.932617,13259.931641,13400.0,13650.0,13760.0,13460.0,12650.0,12340.0,13020.0,13650.0,13273.229414,12756.993499,13183.881357,13084.604373,13660.406593,14210.0],"pressureRange":[-1.291365,1.291365],"priceRange":[12340.0,16479.916016],"zones":{"accumulationBoundary":0.06,"distributionBoundary":0.94},"latest":0.332204,"state":"Positive Market Dynamics ahead of price","context":{"scenario":"dynamicsAhead","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"diagnosis":{"label":"Underlying strength ahead of price","detail":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","annotations":[{"label":"Current tape relationship","value":"Underlying strength ahead of price","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Leading price","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":29,"relationship":{"sameWeekCorrelation":0.44,"forwardCorrelation":-0.54,"directionalAgreement":37.5,"sample":24,"correlationSample":28,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":3.4,"averageReturn":3.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":5.5,"sample":1},{"week":2,"averageReturn":10.6,"sample":1},{"week":3,"averageReturn":7.6,"sample":1},{"week":4,"averageReturn":3.4,"sample":1},{"week":5,"averageReturn":6.8,"sample":1},{"week":6,"averageReturn":6.0,"sample":1},{"week":7,"averageReturn":10.7,"sample":1},{"week":8,"averageReturn":15.2,"sample":1},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1.0,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-6.6,"averageReturn":-6.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-18.2,"averageReturn":-18.2,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-16.5,"averageReturn":-16.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-5.1,"sample":2},{"week":2,"averageReturn":-7.9,"sample":2},{"week":3,"averageReturn":-5.0,"sample":2},{"week":4,"averageReturn":-6.6,"sample":2},{"week":5,"averageReturn":-10.3,"sample":2},{"week":6,"averageReturn":-11.3,"sample":2},{"week":7,"averageReturn":-14.2,"sample":2},{"week":8,"averageReturn":-15.4,"sample":2},{"week":9,"averageReturn":-15.8,"sample":2},{"week":10,"averageReturn":-19.0,"sample":2},{"week":11,"averageReturn":-18.1,"sample":2},{"week":12,"averageReturn":-18.2,"sample":2},{"week":13,"averageReturn":-17.7,"sample":2},{"week":14,"averageReturn":-18.2,"sample":2},{"week":15,"averageReturn":-19.9,"sample":2},{"week":16,"averageReturn":-20.5,"sample":2},{"week":17,"averageReturn":-19.4,"sample":2},{"week":18,"averageReturn":-19.9,"sample":2},{"week":19,"averageReturn":-22.0,"sample":2},{"week":20,"averageReturn":-21.5,"sample":2},{"week":21,"averageReturn":-18.3,"sample":2},{"week":22,"averageReturn":-19.7,"sample":2},{"week":23,"averageReturn":-19.6,"sample":2},{"week":24,"averageReturn":-16.6,"sample":2},{"week":25,"averageReturn":-20.0,"sample":1},{"week":26,"averageReturn":-16.5,"sample":1}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":3.8,"averageExpectedMove":3.8,"averageWeeksToLargestMove":1.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-10.0,"medianReturn":-10.0,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-17.2,"medianReturn":-17.2,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-3.8,"sample":1},{"week":2,"averageReturn":-7.9,"sample":1},{"week":3,"averageReturn":-10.8,"sample":1},{"week":4,"averageReturn":-10.0,"sample":1},{"week":5,"averageReturn":-13.2,"sample":1},{"week":6,"averageReturn":-12.4,"sample":1},{"week":7,"averageReturn":-19.1,"sample":1},{"week":8,"averageReturn":-18.1,"sample":1},{"week":9,"averageReturn":-19.8,"sample":1},{"week":10,"averageReturn":-19.5,"sample":1},{"week":11,"averageReturn":-18.7,"sample":1},{"week":12,"averageReturn":-17.2,"sample":1},{"week":13,"averageReturn":-16.5,"sample":1},{"week":14,"averageReturn":-18.3,"sample":1},{"week":15,"averageReturn":-23.2,"sample":1},{"week":16,"averageReturn":-25.1,"sample":1},{"week":17,"averageReturn":-21.0,"sample":1},{"week":18,"averageReturn":-17.2,"sample":1},{"week":19,"averageReturn":-19.5,"sample":1},{"week":20,"averageReturn":-22.6,"sample":1},{"week":21,"averageReturn":-20.0,"sample":1},{"week":22,"averageReturn":-20.6,"sample":1},{"week":23,"averageReturn":-17.1,"sample":1},{"week":24,"averageReturn":-13.8,"sample":1},{"week":25,"sample":0},{"week":26,"sample":0}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":3,"completedEpisodes":1,"activeEpisodes":2,"medianExpectedMove":14.5,"averageExpectedMove":14.5,"averageWeeksToLargestMove":10.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-1.6,"medianReturn":-1.6,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-5.4,"medianReturn":-5.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.9,"sample":3},{"week":2,"averageReturn":1.7,"sample":3},{"week":3,"averageReturn":-0.2,"sample":2},{"week":4,"averageReturn":-1.6,"sample":2},{"week":5,"averageReturn":-3.1,"sample":2},{"week":6,"averageReturn":-0.6,"sample":2},{"week":7,"averageReturn":-0.6,"sample":2},{"week":8,"averageReturn":0.6,"sample":2},{"week":9,"averageReturn":-0.0,"sample":2},{"week":10,"averageReturn":-14.5,"sample":1},{"week":11,"averageReturn":-9.8,"sample":1},{"week":12,"averageReturn":-5.4,"sample":1},{"week":13,"averageReturn":-8.0,"sample":1},{"week":14,"averageReturn":-11.6,"sample":1},{"week":15,"averageReturn":-8.6,"sample":1},{"week":16,"averageReturn":-9.3,"sample":1},{"week":17,"averageReturn":-5.3,"sample":1},{"week":18,"averageReturn":-1.5,"sample":1},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":3,"completedEpisodes":1,"activeEpisodes":2,"medianExpectedMove":7.9,"averageExpectedMove":7.9,"averageWeeksToLargestMove":5.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-4.9,"medianReturn":-4.9,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":1.9,"medianReturn":1.9,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.0,"sample":3},{"week":2,"averageReturn":-1.9,"sample":2},{"week":3,"averageReturn":-1.5,"sample":2},{"week":4,"averageReturn":-4.9,"sample":2},{"week":5,"averageReturn":-3.9,"sample":2},{"week":6,"averageReturn":0.6,"sample":2},{"week":7,"averageReturn":1.9,"sample":1},{"week":8,"averageReturn":-0.9,"sample":1},{"week":9,"averageReturn":-4.8,"sample":1},{"week":10,"averageReturn":-1.6,"sample":1},{"week":11,"averageReturn":-2.4,"sample":1},{"week":12,"averageReturn":1.9,"sample":1},{"week":13,"averageReturn":6.0,"sample":1},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":4.3,"averageExpectedMove":4.3,"averageWeeksToLargestMove":1.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-9.8,"medianReturn":-9.8,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-13.2,"medianReturn":-13.2,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-4.3,"sample":1},{"week":2,"averageReturn":-7.3,"sample":1},{"week":3,"averageReturn":-6.4,"sample":1},{"week":4,"averageReturn":-9.8,"sample":1},{"week":5,"averageReturn":-9.0,"sample":1},{"week":6,"averageReturn":-15.9,"sample":1},{"week":7,"averageReturn":-14.9,"sample":1},{"week":8,"averageReturn":-16.6,"sample":1},{"week":9,"averageReturn":-16.3,"sample":1},{"week":10,"averageReturn":-15.5,"sample":1},{"week":11,"averageReturn":-13.9,"sample":1},{"week":12,"averageReturn":-13.2,"sample":1},{"week":13,"averageReturn":-15.1,"sample":1},{"week":14,"averageReturn":-20.2,"sample":1},{"week":15,"averageReturn":-22.1,"sample":1},{"week":16,"averageReturn":-17.9,"sample":1},{"week":17,"averageReturn":-13.9,"sample":1},{"week":18,"averageReturn":-16.3,"sample":1},{"week":19,"averageReturn":-19.5,"sample":1},{"week":20,"averageReturn":-16.8,"sample":1},{"week":21,"averageReturn":-17.4,"sample":1},{"week":22,"averageReturn":-13.8,"sample":1},{"week":23,"averageReturn":-10.3,"sample":1},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":19.2,"averageExpectedMove":19.2,"averageWeeksToLargestMove":12.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-3.1,"medianReturn":-3.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-19.2,"medianReturn":-19.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-16.5,"medianReturn":-16.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-6.3,"sample":1},{"week":2,"averageReturn":-7.9,"sample":1},{"week":3,"averageReturn":0.7,"sample":1},{"week":4,"averageReturn":-3.1,"sample":1},{"week":5,"averageReturn":-7.3,"sample":1},{"week":6,"averageReturn":-10.1,"sample":1},{"week":7,"averageReturn":-9.4,"sample":1},{"week":8,"averageReturn":-12.6,"sample":1},{"week":9,"averageReturn":-11.8,"sample":1},{"week":10,"averageReturn":-18.5,"sample":1},{"week":11,"averageReturn":-17.5,"sample":1},{"week":12,"averageReturn":-19.2,"sample":1},{"week":13,"averageReturn":-18.9,"sample":1},{"week":14,"averageReturn":-18.1,"sample":1},{"week":15,"averageReturn":-16.6,"sample":1},{"week":16,"averageReturn":-15.9,"sample":1},{"week":17,"averageReturn":-17.7,"sample":1},{"week":18,"averageReturn":-22.7,"sample":1},{"week":19,"averageReturn":-24.6,"sample":1},{"week":20,"averageReturn":-20.4,"sample":1},{"week":21,"averageReturn":-16.6,"sample":1},{"week":22,"averageReturn":-18.9,"sample":1},{"week":23,"averageReturn":-22.0,"sample":1},{"week":24,"averageReturn":-19.4,"sample":1},{"week":25,"averageReturn":-20.0,"sample":1},{"week":26,"averageReturn":-16.5,"sample":1}]},"currentApplication":{"status":"Underlying strength ahead of price","tone":"caution","headline":"Underlying strength is leading price","use":"A positive price response is needed before the early upside case is confirmed.","confirm":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":0.0,"averageReturn":-13.2,"sample":1},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 0.0% of comparable cases moved higher after 12 weeks, with an average move of -13.2% across 1 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use distribution to protect capital before considering the short case","tone":"negative","finding":"After distribution, 100.0% of completed 12-week outcomes were lower across 2 cases. Distinct visits lasted 1.0 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 4.3% across 1 completed cases, with the largest move arriving after 1.0 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[{"date":"2026-03-06","price":15849.918945}],"price_pressure_gaps":[{"date":"2026-02-06","price":16359.841797}]}},"smTape":{"available":true,"dates":["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":[10724.7803,11449.7656,12249.749,11574.7617,11199.834,11449.8311,11724.8262,12499.8145,12829.8105,14069.792,13089.8057,14179.791,13559.7998,13699.7969,13449.8008,12199.8193,11939.8232,12709.8115,12599.8789,13639.8682,13079.873,13069.873,13929.8652,13069.873,13329.8711,13599.8691,14189.8633,13929.8652,13779.8672,16359.8418,15329.8525,15069.9229,16479.916,15849.9189,15169.9219,14699.9248,14829.9238,14299.9268,14429.9258,13329.9316,13489.9307,13219.9326,13259.9316,13400.0,13650.0,13760.0,13460.0,12650.0,12340.0,13020.0,13650.0,13273.2294,12756.9935,13183.8814,13084.6044,13660.4066,14210.0],"consensus":[0.0,100.0,95.2381,-28.2564,32.9619,29.4065,30.9659,79.9837,77.969,90.1598,19.9654,78.0011,0.0,38.3023,0.0,-37.2492,-34.343,19.1566,-16.5501,56.451,0.0,18.1266,53.2986,-29.9424,23.0646,32.2932,38.8295,0.0,11.26,76.2752,0.0,14.5488,71.4863,-9.157,-15.5955,-23.4767,0.0,-47.6692,-17.88,-64.2668,-26.4284,-50.5113,-22.546,-11.9206,0.0,0.0,-16.3482,-55.9753,-33.61,-17.9692,9.8308,0.0,-25.0252,20.7552,-23.3498,42.3737,56.1106],"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":[29.3373,51.0403,73.5814,72.7292,92.2444,12.1167,82.1908,0.0,52.9774,0.0,-12.8649,-25.7226,29.7809,-10.9258,59.7258,0.0,22.8182,55.5634,-33.5833,25.4876,36.0854,37.7158,0.0,8.3343,73.9232,0.0,5.4692,80.2468,-5.4376,-17.572,-26.2218,0.0,-43.7072,-16.3785,-60.6862,-20.4555,-55.3351,-11.6992,-12.2729,0.0,0.0,-19.4307,-66.624,-22.5913,-15.7779,10.3187,0.0,-33.4809,24.9204,-18.5616,40.2016,48.7935],"force":[26.7658,16.8774,91.1841,82.5092,91.3314,39.2705,68.79,0.0,27.6855,0.0,-56.654,-32.2265,53.4814,-20.4206,72.7486,0.0,17.9861,62.6159,-51.0499,32.298,35.0216,48.8911,0.0,0.7324,97.8295,0.0,15.0597,70.538,-62.4558,-52.346,-39.384,0.0,-70.5952,-7.9185,-82.8319,-0.7719,-38.3837,-1.2771,-9.1347,0.0,0.0,-12.9865,-46.3468,-17.0609,-3.8442,11.0276,0.0,-24.824,48.7255,-32.5533,74.2579,81.288],"direction":[31.372,18.087,79.3002,80.7143,86.9407,71.2469,79.7923,0.0,29.1141,0.0,-51.2565,-45.7066,17.5034,-20.2132,41.0672,0.0,12.8651,44.055,-10.7047,13.7003,26.0104,32.9156,0.0,23.1696,63.5672,0.0,46.0745,62.1516,-24.663,-12.9137,-8.9771,0.0,-35.8215,-26.7116,-55.098,-51.5806,-53.6608,-51.959,-26.5576,0.0,0.0,-15.2267,-50.6829,-58.0237,-36.0544,8.4184,0.0,-15.5053,3.9838,-22.2481,22.0816,46.4893],"intensity":[40.0,66.6667,71.4286,12.5,100.0,90.0,90.9091,66.6667,100.0,14.2857,100.0,62.5,41.1765,16.6667,78.9474,10.0,4.7619,68.1818,60.8696,8.3333,4.0,80.7692,3.7037,17.8571,96.5517,86.6667,83.871,93.75,27.2727,82.3529,17.1429,16.6667,24.3243,7.8947,84.6154,2.5,9.7561,23.8095,27.907,11.3636,46.6667,36.9565,74.4681,41.6667,67.3469,68.0,52.9412,48.0769,17.3077,55.7692,34.6154,48.0769],"confirmation":[77.3307,77.1738,94.0337,93.1683,96.8551,35.7476,92.6158,35.0444,79.7095,8.5154,80.8827,79.0566,33.415,73.4997,86.5111,4.9215,73.7247,85.305,78.1694,75.6252,78.3592,80.7491,7.0454,48.7719,93.1008,36.4302,7.1044,90.7132,9.8727,31.502,75.9555,3.4392,84.0132,50.7742,89.1857,53.0995,83.7205,52.2598,27.783,3.5096,24.7108,73.082,85.4564,78.4188,51.2722,71.1749,25.3546,75.8731,53.6138,75.8254,82.5644,86.8342],"persistence":[50.0,57.1429,62.5,75.0,75.0,75.0,100.0,87.5,87.5,75.0,50.0,25.0,25.0,0.0,0.0,0.0,0.0,12.5,12.5,37.5,37.5,62.5,50.0,62.5,62.5,50.0,75.0,75.0,50.0,25.0,12.5,0.0,25.0,37.5,62.5,87.5,87.5,87.5,87.5,87.5,75.0,75.0,75.0,75.0,75.0,50.0,37.5,50.0,37.5,37.5,12.5,12.5],"assessmentRisk":[14.6977,53.064,6.8358,10.8547,4.9102,38.3016,10.247,35.3835,43.9433,22.118,30.8964,31.722,53.2164,32.6528,19.351,44.1276,12.6639,20.7657,17.9551,6.66,17.8117,0.6463,39.7065,28.0705,11.7207,44.0088,35.1765,13.935,20.0311,0.3335,6.5317,46.8832,22.5502,23.8376,12.1572,30.7367,14.832,36.4122,11.8911,13.0535,41.8965,31.4157,19.475,33.0401,37.1553,13.6397,45.9628,50.5065,7.6368,31.6251,13.2919,21.7187],"volumeParticipation":true,"latest":{"consensus":56.1,"control":48.8,"force":81.3,"direction":46.5,"confirmation":86.8,"persistence":12.5,"assessmentRisk":21.7,"intensity":48.1,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the upward view","summary":"The completed evidence gives the upward view the clearer support.","take":"Current assessment: upward pressure has the stronger support.","tone":"positive","supportedView":"Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is strengthening","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+56.1","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+48.8","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+81.3","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+46.5","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"87/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"56.8","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"5.7%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"14.3","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"45%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price is rotating through its trend references.","series":[{"label":"Close","values":[10724.7803,11449.7656,12249.749,11574.7617,11199.834,11449.8311,11724.8262,12499.8145,12829.8105,14069.792,13089.8057,14179.791,13559.7998,13699.7969,13449.8008,12199.8193,11939.8232,12709.8115,12599.8789,13639.8682,13079.873,13069.873,13929.8652,13069.873,13329.8711,13599.8691,14189.8633,13929.8652,13779.8672,16359.8418,15329.8525,15069.9229,16479.916,15849.9189,15169.9219,14699.9248,14829.9238,14299.9268,14429.9258,13329.9316,13489.9307,13219.9326,13259.9316,13400.0,13650.0,13760.0,13460.0,12650.0,12340.0,13020.0,13650.0,13273.2294,12756.9935,13183.8814,13084.6044,13660.4066,14210.0],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,11195.4022,11241.662,11329.51,11542.2926,11776.3868,12193.3696,12356.3579,12687.8912,12846.4201,13001.5795,13083.0743,12922.4825,12743.8171,12737.6343,12712.5879,12881.1843,12917.3095,12945.0483,13124.106,13114.2454,13153.4501,13234.6172,13408.2983,13503.1287,13553.4447,14063.6988,14293.9085,14435.002,14806.8046,14996.4617,15027.9999,14968.3499,14943.1815,14826.2261,14754.1715,14495.2188,14312.4392,14113.8016,13958.5525,13856.9975,13819.3616,13808.5686,13745.1925,13546.0666,13326.7817,13271.0032,13339.9117,13327.7877,13224.0069,13216.7114,13192.6919,13277.7309,13447.2344],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,11926.6199,12057.9664,12161.0652,12163.9359,12147.335,12188.9999,12219.4354,12324.6526,12380.5949,12431.6525,12542.6312,12581.6862,12637.1073,12708.423,12818.1593,12900.5079,12965.6456,13217.0676,13373.5701,13499.2259,13720.0178,13877.7882,13973.5018,14027.3109,14086.7637,14102.5536,14126.8034,14067.7758,14024.9725,13965.3399,13913.0875,13875.081,13858.4083,13851.1188,13822.147,13735.3213,13631.9642,13586.6335,13591.3273,13567.7645,13507.7074,13483.7203,13454.1562,13469.434,13524.2907],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,13811.2105,13940.3254,14381.2208,14513.5173,14643.5054,14693.6719,14610.3149,14531.1393,14489.6974,14443.219,14516.7223,14460.1414,14460.0397,14603.0343,14584.5594,14507.0777,14452.5744,14493.0516,14551.3371,14594.6673,15255.0301,15531.0689,15666.6532,16160.8724,16433.4312,16570.9966,16582.37,16539.092,16509.5927,16455.0786,16467.0663,16442.9667,16431.6051,16451.1938,16430.3025,16417.0359,16413.1092,16419.0175,16485.5553,16571.7802,16249.9077,16095.6565,15968.8281,15469.665,15050.8974,14768.053,14593.6781,14438.2437],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,10143.3824,10216.5419,10125.8728,10194.5383,10256.8029,10339.9226,10383.6574,10397.2844,10466.0152,10525.3381,10567.3937,10859.4839,11021.5963,11046.6134,11214.5994,11505.0848,11774.5919,11980.6185,12065.338,12117.0134,11685.6557,11633.6216,11587.0504,11384.8428,11327.2962,11361.743,11600.3801,11932.6682,12121.179,12358.6978,12315.7164,12380.8218,12407.1894,12320.6073,12374.5113,12419.7907,12439.7305,12360.836,12166.3116,11936.0999,11923.9883,11910.2542,11857.4133,11984.2842,12136.448,12210.7606,12281.1837,12374.6257],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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":[null,null,null,null,null,null,null,null,null,null,null,null,742.1119,769.3909,762.0526,647.9052,530.3496,493.6272,450.4613,494.4704,478.6435,459.9912,508.7389,472.5305,459.5178,465.6243,512.1673,522.0555,511.8876,703.8977,764.147,781.9075,899.3899,930.9289,890.7852,811.6896,750.8404,652.3309,578.0875,425.5828,314.0126,201.4833,114.214,55.7126,29.1862,16.8458,-16.9462,-107.8437,-202.5601,-220.2146,-181.2806,-178.7666,-215.9409,-208.5515,-208.305,-159.805,-76.1432],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,690.0322,650.7512,610.6932,587.4486,565.6876,544.5483,537.3864,524.4153,511.4358,502.2735,504.2522,507.8129,508.6278,547.6818,590.9748,629.1614,683.2071,732.7514,764.3582,773.8245,769.2277,745.8483,712.2962,654.9535,586.7653,509.7089,430.6099,355.6305,290.3416,235.6424,185.1247,126.531,60.7128,4.5273,-32.6343,-61.8607,-92.6768,-115.8517,-134.3424,-139.4349,-126.7766],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-159.6826,-157.1239,-160.2319,-92.9782,-87.0441,-84.5571,-28.6476,-51.8847,-51.918,-36.6492,7.9151,14.2426,3.2597,156.2159,173.1722,152.7461,216.1828,198.1774,126.427,37.8651,-18.3873,-93.5174,-134.2087,-229.3707,-272.7527,-308.2256,-316.3959,-299.9179,-261.1554,-218.7967,-202.0709,-234.3747,-263.2729,-224.742,-148.6463,-116.9059,-123.2642,-92.6998,-73.9626,-20.3701,50.6334],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-07-18","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":[null,null,null,null,null,null,null,109.2896,200.3068,103.0906,168.9124,43.3161,56.2789,66.5408,54.5951,120.488,151.7625,132.8602,61.9636,113.342,67.8072,95.7693,93.7222,32.8181,120.0046,74.2485,153.8791,301.3961,43.7911,282.9803,167.0675,89.2213,48.8068,143.8144,99.0495,55.499,44.1112,133.647,69.3402,122.4559,73.4207,6.9632,98.9351,67.0307,20.8678,227.5468,51.4754,21.6015,53.9791,15.7951,1.6521,0.0,66.2318,86.8749,591.2169,154.0421,185.5463],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,134.6922,135.0,135.0,124.639,127.1658,123.9983,127.6494,124.7478,118.2556,109.8048,117.3489,113.9033,120.2504,116.3212,110.8204,115.9102,114.2418,120.5769,124.5786,133.2591,114.2055,111.6304,130.0432,119.1261,113.1416,116.418,106.2988,99.1174,95.1641,98.1865,88.9136,93.7737,85.0449,90.3282,89.8446,96.8083,101.6321,103.0829,120.4197,116.6235,115.2211,111.6908,112.5855,112.6701,112.6701,109.4784,113.3955,78.5648,88.0674,100.3748],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-07-18","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":[null,null,null,null,null,null,null,null,null,null,null,null,null,5.3626,5.6244,7.4264,7.6503,7.4659,7.4126,6.9187,7.2401,6.9905,6.5929,6.9948,6.7757,6.5345,6.3037,6.3114,6.0747,5.9606,6.4798,6.2772,5.9412,6.2003,6.3828,6.5488,6.2541,6.3973,6.1046,6.8168,6.6361,6.6553,6.463,6.4024,6.1397,6.2317,6.3348,6.7164,6.7059,6.3296,6.1295,6.056,6.2512,5.9663,6.1513,5.7982,5.6548],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,30.6232,30.83,34.7275,34.9601,35.2341,34.7833,33.8214,33.1658,32.2466,31.3825,31.4887,28.4416,26.9876,27.7308,26.1246,23.0815,20.4214,18.9806,18.68,18.5511,26.498,28.695,29.938,34.6771,36.7868,37.2986,35.3549,32.3578,30.6552,28.4335,28.8461,28.1861,27.9097,28.7127,28.1605,27.7232,27.5424,28.2015,30.1498,32.5221,30.7087,29.8894,29.5506,25.3907,21.4397,18.9578,17.2093,15.3927],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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":[0.0,0.0,0.0,-5.5102,-8.5709,-6.5301,-4.2852,0.0,0.0,0.0,-6.9652,0.0,-4.3724,-3.3851,-5.1481,-13.9633,-15.7969,-10.3667,-11.142,-3.8077,-7.7569,-7.8275,-1.7625,-7.8275,-5.9939,-4.0898,0.0,-1.8323,-2.8894,0.0,-6.2958,-7.8847,0.0,-3.8228,-7.949,-10.801,-10.0121,-13.2282,-12.4393,-19.1141,-18.1432,-19.7816,-19.5388,-18.6889,-17.1719,-16.5044,-18.3248,-23.2399,-25.121,-20.9947,-17.1719,-19.4581,-22.5907,-20.0003,-20.6027,-17.1088,-13.7738],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,16.5508,19.6277,31.1896,22.052,32.2152,26.4343,27.7397,25.4086,13.7536,11.3293,18.5088,17.4838,27.1809,21.9594,21.8661,29.8849,21.8661,24.2904,26.8079,26.6971,24.3756,23.0364,46.0722,33.8872,28.53,38.0248,32.7484,27.0532,23.1168,24.2056,19.7667,20.8554,11.6426,12.9827,10.7213,5.2386,6.3502,4.4387,5.2803,2.9849,0.0,0.0,5.5105,10.6159,7.5626,3.3792,6.8386,6.0341,10.7002,15.154],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,92.4731,100.0,99.2,73.0666,98.7113,68.0085,70.9745,65.6779,39.1949,33.6864,50.0,47.6709,69.7049,57.8404,57.6285,75.8489,57.6285,63.137,68.8574,81.3575,75.8489,72.671,96.9355,79.496,75.1274,98.8248,84.6777,73.7101,66.1296,68.2263,59.6781,61.7748,44.0332,46.6138,32.7082,31.5295,24.4469,24.0991,26.7497,19.5208,0.0,4.9041,19.4033,32.8364,24.8028,13.7954,22.8977,20.7809,33.0583,44.7769],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-1.3807,0.0,-0.2128,-7.1631,-0.3514,-10.0199,-9.0909,-10.7498,-19.0445,-20.7697,-15.6603,-16.3898,-9.4886,-13.2046,-13.271,-7.5642,-13.271,-11.5457,-9.754,-5.8389,-7.5642,-8.5596,-1.148,-7.3716,-8.9422,-0.4225,-5.6548,-9.7024,-12.5,-11.7262,-14.881,-14.1071,-20.6548,-19.7024,-21.3095,-21.0714,-20.2377,-18.7496,-18.0948,-19.8805,-24.702,-26.5472,-22.4996,-18.7496,-20.9923,-24.0651,-21.5241,-22.1151,-18.6876,-15.4162],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,20.7729,23.9614,35.942,26.4734,37.0048,31.0145,32.3671,29.9517,17.8744,15.3623,22.8019,21.7398,31.7881,26.3775,26.2808,34.5901,26.2808,28.7929,31.4016,37.1022,34.5901,33.1408,58.0684,44.6234,42.1712,55.4732,49.5298,43.1146,38.6806,39.907,34.907,36.1334,25.7559,27.2654,15.1579,14.0166,8.9441,7.9062,8.7758,6.4042,0.0,1.8993,7.5145,12.7168,9.6055,5.3426,8.8677,8.0479,12.8027,17.341],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-07-18","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/b67b875e-1fde-4bf8-860a-1013c318f134/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/b67b875e-1fde-4bf8-860a-1013c318f134/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/b67b875e-1fde-4bf8-860a-1013c318f134/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/b67b875e-1fde-4bf8-860a-1013c318f134/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/b67b875e-1fde-4bf8-860a-1013c318f134/technical-pack/data.json"},"source_fingerprint":"918ed84d5bff6385fe8ae64a73f707914d250daac87423901af675d97ad652e6","content_hash":"c5ed52f6a158380576de0af7036ea553393b71b250775c02483209a9439aad48","citation":"Sharemaestro, HSY Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/b67b875e-1fde-4bf8-860a-1013c318f134/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."}