{"schema_version":"1.0","name":"CAA Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"b6eb0bf9-6618-4bc4-94a4-1751276fbb00","symbol":"CAA","name":"CA Sales Holdings Limited","exchange":"JNB","country":"ZA","asset_type":"equity","currency":"ZAC","sector":"Industrials","industry":"Specialty Business Services"},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price structure remains rotational.","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, Activity pressure and cumulative balance, Drawdown and recovery pressure, Acceleration, deceleration and rollover, Strength versus the research benchmark, Directional strength and control."},{"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":216,"displayedObservations":104,"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 structure remains rotational.","evidenceAlignment":{"status":"Positive support; price rotational","headline":"Market Dynamics is positive while price has no clear direction","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price structure remains rotational.","take":"The underlying condition is constructive, but a positive price response is still required.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[0.492867,0.569231,0.782779,0.876564,0.794283,0.73879,0.610814,0.651173,0.721594,0.718129,0.934208,1.058524,1.198922,1.115595,1.051439,0.907314,0.664323,0.454774,0.329734,0.058893,0.061291,-0.153573,-0.559172,-0.770932,-1.086181,-1.059424,-1.091686,-1.056788,-1.089472,-0.80632,-0.581087,-0.167321,0.204223,0.428623,0.657036,0.148513,-0.096935,-0.401851,-0.418214,0.030018,0.245397,0.398182,0.338401,0.267528,0.224683,0.174335,0.097869,0.103962,0.090614,0.176579,0.148205,0.089731,-0.058205,-0.323431,-0.422331,-0.447869,-0.182834,-0.122133,-0.180527,-0.246861,-0.527626,-0.72714,-0.831824,-1.022979,-1.165882,-1.178188,-1.029156,-1.035811,-1.002195,-1.012683,-1.215973,-1.204389,-1.164012,-1.112718,-0.978269,-0.851608,-0.692204,-0.48466,-0.379299,-0.285778,-0.327158,-0.478852,-0.546258,-0.674892,-0.7497,-0.687378,-0.843947,-0.494013,-0.209382,0.063122,0.526252,0.273078,0.110223,-0.400525,-0.919594,-1.161528,-1.479532,-1.466626,-1.0844,-0.658717,-0.188437,0.309557,0.438861,0.620469],"opens":[1364.536265,1460.503668,1499.490335,1479.497131,1497.49113,1450.507075,1499.490356,1498.490753,1464.502309,1499.490406,1525.481543,1598.456845,1649.439404,1668.433079,1582.462177,1550.473112,1648.43984,1594.45812,1579.46322,1697.423186,1639.442824,1698.422852,1578.463623,1539.476798,1564.468332,1549.47349,1549.473389,1549.473389,1588.460083,1569.466539,1693.424475,1673.431375,1699.422485,1569.466673,1733.410832,1779.395202,1749.649802,1728.653995,1798.640086,1888.622035,1888.622007,1839.631836,1798.640093,1749.64978,1769.645818,1749.649858,1749.64978,1739.651782,1727.654185,1744.650879,1763.647001,1804.638796,1804.638892,1800.639594,1769.645874,1774.644797,1792.641293,1770.645667,1689.661876,1679.663808,1726.65448,1629.673806,1539.691871,1647.670288,1642.671229,1609.677808,1599.679857,1639.671878,1499.699917,1529.69383,1485.702671,1539.691868,1549.689823,1499.699907,1499.699805,1487.702281,1498.700025,1449.709881,1489.701904,1490.701605,1489.70186,1399.719846,1420.715642,1389.721828,1374.724925,1370.725654,1404.71887,1390.0,1430.0,1478.0,1460.0,1449.0,1385.0,13.82,13.7,13.0,13.25,13.69,1295.0,1345.0,1358.0,1302.0,1344.0,1353.0],"highs":[1499.49044,1543.475377,1499.490356,1499.490367,1499.490369,1498.490723,1499.490473,1504.48877,1504.48877,1549.473538,1599.456484,1639.442779,1674.430908,1669.432739,1693.424438,1699.422495,1664.434405,1628.446573,1699.422485,1697.423186,1698.422852,1698.422852,1623.448358,1628.446655,1604.454797,1586.460911,1589.459747,1589.459839,1599.456554,1698.422857,1718.415999,1719.415771,1749.405396,1749.405396,1799.388505,1798.640015,1799.639893,1799.639875,1959.607819,1924.61484,1888.622007,1849.629883,1799.639893,1798.639974,1798.640015,1798.640001,1749.649824,1799.639774,1774.644777,1804.638848,1804.63882,1804.638796,1839.63179,1812.637193,1824.634888,1804.638794,1805.638627,1793.640997,1779.64388,1804.638794,1768.646077,1664.666802,1649.669888,1647.670288,1642.671229,1639.671875,1639.671875,1691.661499,1683.662979,1549.689819,1542.691294,1569.685903,1549.689823,1548.690032,1548.690073,1548.69003,1549.689876,1524.694826,1516.696427,1519.695906,1499.699921,1539.691901,1479.703805,1401.719426,1399.719923,1473.705116,1472.705263,1478.0,1478.0,1478.0,1472.0,1449.0,1400.0,13.82,13.7,13.29,13.84,13.69,1341.0,1395.0,1358.0,1349.0,1353.0,1354.0],"lows":[1344.543107,1469.50061,1400.524022,1442.509703,1449.507324,1449.507425,1449.507324,1460.503662,1464.502309,1474.498899,1524.481961,1559.470093,1605.454351,1569.466675,1549.473389,1550.473112,1594.45812,1579.463257,1599.456425,1548.473728,1560.469713,1550.473145,1524.481882,1539.476798,1504.488725,1544.475188,1549.473389,1549.47337,1550.472995,1559.469937,1600.45605,1640.442585,1679.429291,1599.456482,1700.422044,17.446509,1726.654419,1701.659398,1717.656291,1779.643845,1824.634837,1709.657837,1716.656465,1749.64978,1704.658813,1599.67987,1719.655814,1724.654785,1724.654785,1739.651896,1749.649802,1765.6466,1750.649696,1769.645818,1769.645874,1769.645776,1754.648804,1719.65581,1599.679799,1614.676872,1520.695617,1449.709878,1530.693671,1572.685309,1570.685613,1559.687881,1567.68625,1562.68729,1479.703806,1430.713641,1439.711875,1483.703003,1499.699825,1452.709234,1450.709681,1479.703831,1484.702881,1450.709635,1481.703505,1490.701605,1440.711724,1350.729652,1416.716431,1359.727925,1369.725901,1369.725854,1371.725473,1390.0,1410.0,1400.0,1390.0,1365.0,1266.0,13.82,13.06,12.87,13.01,13.05,1295.0,1281.0,1295.0,1300.0,1295.0,1297.0],"closes":[1459.504028,1499.490356,1469.50061,1454.505737,1449.507324,1498.490723,1467.501343,1504.48877,1504.48877,1525.481689,1559.470093,1624.447876,1606.454102,1569.466675,1693.424438,1650.439209,1599.456421,1579.463257,1699.422485,1632.44519,1698.422852,1550.473145,1545.474854,1564.468384,1580.462891,1549.473389,1549.473389,1584.461548,1560.469727,1678.429688,1657.436768,1719.415771,1740.408569,1749.405396,1779.395264,17.496498,1726.654419,1771.645386,1896.620483,1872.625244,1839.631836,1779.643799,1749.64978,1769.645874,1739.651855,1729.653809,1748.650024,1749.64978,1744.650879,1759.647827,1761.647461,1804.638794,1784.642822,1769.645874,1769.645874,1774.644775,1793.640991,1729.653809,1689.661865,1725.654663,1683.663086,1539.691895,1647.670288,1595.680664,1599.67981,1599.67981,1639.671875,1569.685913,1519.695801,1549.689819,1539.691895,1499.699829,1549.689819,1499.699829,1509.697876,1499.699829,1544.690796,1499.699829,1499.699829,1499.699829,1472.705322,1416.716431,1416.716431,1374.724854,1389.721924,1414.716919,1390.0,1460.0,1478.0,1460.0,1436.0,1365.0,1384.0,13.82,13.06,12.87,13.5,13.05,1310.0,1359.0,1336.0,1330.0,1320.0,1306.0],"pressureRange":[-1.873368,1.873368],"priceRange":[12.87,1896.620483],"zones":{"accumulationBoundary":0.099651,"distributionBoundary":0.900349},"latest":0.620469,"state":"Positive and strengthening","context":{"scenario":"positiveSustained","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 and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Recovery follow-through","detail":"A recent green marker confirmed a recovery from accumulation conditions. Price is now being tested for durable follow-through away from the zone.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"A recent green marker confirmed a recovery from accumulation conditions. Price is now being tested for durable follow-through away from the zone.","annotations":[{"label":"Current tape relationship","value":"Recovery follow-through","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":"31 Jul 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"positive"},{"label":"Market Dynamics confirmation","value":"Supported","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":188,"relationship":{"sameWeekCorrelation":0.26,"forwardCorrelation":0.17,"directionalAgreement":43.0,"sample":165,"correlationSample":183,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":3.0,"medianWeeksInZone":3.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"medianReturn":-5.6,"averageReturn":-5.6,"confidenceLow":0.0,"confidenceHigh":79.3,"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":-6.9,"sample":1},{"week":3,"averageReturn":-2.3,"sample":1},{"week":4,"averageReturn":-5.6,"sample":1},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"averageWeeksInZone":9.0,"medianWeeksInZone":4,"averageWeeksToLower":11.5,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"medianReturn":-0.5,"averageReturn":-0.5,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":1,"expectedPercent":50.0,"medianReturn":-6.0,"averageReturn":-6.0,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-11.3,"averageReturn":-11.3,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.5,"sample":3},{"week":2,"averageReturn":0.3,"sample":3},{"week":3,"averageReturn":2.5,"sample":3},{"week":4,"averageReturn":-0.5,"sample":2},{"week":5,"averageReturn":-2.1,"sample":2},{"week":6,"averageReturn":-3.0,"sample":2},{"week":7,"averageReturn":-1.2,"sample":2},{"week":8,"averageReturn":-4.1,"sample":2},{"week":9,"averageReturn":-5.9,"sample":2},{"week":10,"averageReturn":-4.5,"sample":2},{"week":11,"averageReturn":-4.7,"sample":2},{"week":12,"averageReturn":-6.0,"sample":2},{"week":13,"averageReturn":-4.1,"sample":2},{"week":14,"averageReturn":-5.5,"sample":2},{"week":15,"averageReturn":-4.0,"sample":2},{"week":16,"averageReturn":-4.9,"sample":2},{"week":17,"averageReturn":-4.0,"sample":2},{"week":18,"averageReturn":-5.3,"sample":2},{"week":19,"averageReturn":-5.2,"sample":2},{"week":20,"averageReturn":-4.6,"sample":2},{"week":21,"averageReturn":-7.2,"sample":2},{"week":22,"averageReturn":-10.0,"sample":2},{"week":23,"averageReturn":-9.0,"sample":2},{"week":24,"averageReturn":-11.4,"sample":2},{"week":25,"averageReturn":-15.1,"sample":2},{"week":26,"averageReturn":-11.3,"sample":2}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":18,"completedEpisodes":17,"activeEpisodes":1,"medianExpectedMove":7.6,"averageExpectedMove":12.0,"averageWeeksToLargestMove":8.4,"horizons":[{"weeks":4,"sample":15,"expectedCount":9,"expectedPercent":60.0,"averageReturn":3.4,"medianReturn":2.7,"confidenceLow":35.7,"confidenceHigh":80.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":15,"expectedCount":11,"expectedPercent":73.3,"averageReturn":10.4,"medianReturn":8.3,"confidenceLow":48.0,"confidenceHigh":89.1,"confidence":"Mixed historical record"},{"weeks":26,"sample":13,"expectedCount":11,"expectedPercent":84.6,"averageReturn":24.8,"medianReturn":27.0,"confidenceLow":57.8,"confidenceHigh":95.7,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.6,"sample":18},{"week":2,"averageReturn":0.8,"sample":17},{"week":3,"averageReturn":3.2,"sample":16},{"week":4,"averageReturn":3.4,"sample":15},{"week":5,"averageReturn":4.4,"sample":15},{"week":6,"averageReturn":5.3,"sample":15},{"week":7,"averageReturn":6.3,"sample":15},{"week":8,"averageReturn":7.4,"sample":15},{"week":9,"averageReturn":8.0,"sample":15},{"week":10,"averageReturn":9.3,"sample":15},{"week":11,"averageReturn":10.6,"sample":15},{"week":12,"averageReturn":10.4,"sample":15},{"week":13,"averageReturn":11.0,"sample":15},{"week":14,"averageReturn":12.0,"sample":15},{"week":15,"averageReturn":12.9,"sample":14},{"week":16,"averageReturn":13.8,"sample":14},{"week":17,"averageReturn":15.7,"sample":14},{"week":18,"averageReturn":15.8,"sample":13},{"week":19,"averageReturn":19.0,"sample":13},{"week":20,"averageReturn":18.3,"sample":13},{"week":21,"averageReturn":20.3,"sample":13},{"week":22,"averageReturn":20.6,"sample":13},{"week":23,"averageReturn":22.3,"sample":13},{"week":24,"averageReturn":23.0,"sample":13},{"week":25,"averageReturn":24.4,"sample":13},{"week":26,"averageReturn":24.8,"sample":13}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":13,"completedEpisodes":12,"activeEpisodes":1,"medianExpectedMove":7.8,"averageExpectedMove":6.5,"averageWeeksToLargestMove":5.8,"horizons":[{"weeks":4,"sample":12,"expectedCount":7,"expectedPercent":58.3,"averageReturn":0.7,"medianReturn":-1.4,"confidenceLow":32.0,"confidenceHigh":80.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":11,"expectedCount":7,"expectedPercent":63.6,"averageReturn":0.2,"medianReturn":-4.3,"confidenceLow":35.4,"confidenceHigh":84.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":6,"expectedCount":4,"expectedPercent":66.7,"averageReturn":4.1,"medianReturn":-10.1,"confidenceLow":30.0,"confidenceHigh":90.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.0,"sample":12},{"week":2,"averageReturn":0.0,"sample":12},{"week":3,"averageReturn":0.2,"sample":12},{"week":4,"averageReturn":0.7,"sample":12},{"week":5,"averageReturn":-0.5,"sample":12},{"week":6,"averageReturn":0.2,"sample":12},{"week":7,"averageReturn":-0.7,"sample":11},{"week":8,"averageReturn":-1.2,"sample":11},{"week":9,"averageReturn":-0.0,"sample":11},{"week":10,"averageReturn":-0.4,"sample":11},{"week":11,"averageReturn":-0.9,"sample":11},{"week":12,"averageReturn":0.2,"sample":11},{"week":13,"averageReturn":1.1,"sample":10},{"week":14,"averageReturn":0.4,"sample":9},{"week":15,"averageReturn":0.3,"sample":8},{"week":16,"averageReturn":-0.5,"sample":8},{"week":17,"averageReturn":2.0,"sample":7},{"week":18,"averageReturn":0.3,"sample":7},{"week":19,"averageReturn":1.1,"sample":7},{"week":20,"averageReturn":4.4,"sample":6},{"week":21,"averageReturn":6.0,"sample":6},{"week":22,"averageReturn":7.9,"sample":6},{"week":23,"averageReturn":7.4,"sample":6},{"week":24,"averageReturn":6.3,"sample":6},{"week":25,"averageReturn":5.0,"sample":6},{"week":26,"averageReturn":4.1,"sample":6}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":14,"completedEpisodes":14,"activeEpisodes":0,"medianExpectedMove":6.4,"averageExpectedMove":6.0,"averageWeeksToLargestMove":5.9,"horizons":[{"weeks":4,"sample":14,"expectedCount":6,"expectedPercent":42.9,"averageReturn":-0.8,"medianReturn":0.2,"confidenceLow":21.4,"confidenceHigh":67.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":11,"expectedCount":8,"expectedPercent":72.7,"averageReturn":-1.4,"medianReturn":-2.6,"confidenceLow":43.4,"confidenceHigh":90.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":7,"expectedCount":4,"expectedPercent":57.1,"averageReturn":4.6,"medianReturn":-9.9,"confidenceLow":25.0,"confidenceHigh":84.2,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.4,"sample":14},{"week":2,"averageReturn":-0.4,"sample":14},{"week":3,"averageReturn":0.2,"sample":14},{"week":4,"averageReturn":-0.8,"sample":14},{"week":5,"averageReturn":-1.1,"sample":14},{"week":6,"averageReturn":-1.5,"sample":12},{"week":7,"averageReturn":-1.6,"sample":12},{"week":8,"averageReturn":-1.2,"sample":12},{"week":9,"averageReturn":-3.7,"sample":11},{"week":10,"averageReturn":-2.3,"sample":11},{"week":11,"averageReturn":-1.3,"sample":11},{"week":12,"averageReturn":-1.4,"sample":11},{"week":13,"averageReturn":0.3,"sample":11},{"week":14,"averageReturn":0.8,"sample":10},{"week":15,"averageReturn":0.6,"sample":10},{"week":16,"averageReturn":2.4,"sample":9},{"week":17,"averageReturn":0.7,"sample":9},{"week":18,"averageReturn":1.1,"sample":8},{"week":19,"averageReturn":3.0,"sample":8},{"week":20,"averageReturn":3.6,"sample":8},{"week":21,"averageReturn":4.7,"sample":7},{"week":22,"averageReturn":6.6,"sample":7},{"week":23,"averageReturn":7.1,"sample":7},{"week":24,"averageReturn":6.6,"sample":7},{"week":25,"averageReturn":5.8,"sample":7},{"week":26,"averageReturn":4.6,"sample":7}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":15,"completedEpisodes":14,"activeEpisodes":1,"medianExpectedMove":8.5,"averageExpectedMove":11.4,"averageWeeksToLargestMove":9.2,"horizons":[{"weeks":4,"sample":13,"expectedCount":8,"expectedPercent":61.5,"averageReturn":4.5,"medianReturn":3.8,"confidenceLow":35.5,"confidenceHigh":82.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":13,"expectedCount":11,"expectedPercent":84.6,"averageReturn":10.2,"medianReturn":8.1,"confidenceLow":57.8,"confidenceHigh":95.7,"confidence":"Historically consistent"},{"weeks":26,"sample":11,"expectedCount":10,"expectedPercent":90.9,"averageReturn":24.4,"medianReturn":28.1,"confidenceLow":62.3,"confidenceHigh":98.4,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.2,"sample":14},{"week":2,"averageReturn":2.8,"sample":13},{"week":3,"averageReturn":2.5,"sample":13},{"week":4,"averageReturn":4.5,"sample":13},{"week":5,"averageReturn":5.1,"sample":13},{"week":6,"averageReturn":4.9,"sample":13},{"week":7,"averageReturn":6.1,"sample":13},{"week":8,"averageReturn":6.1,"sample":13},{"week":9,"averageReturn":6.5,"sample":13},{"week":10,"averageReturn":8.3,"sample":13},{"week":11,"averageReturn":8.8,"sample":13},{"week":12,"averageReturn":10.2,"sample":13},{"week":13,"averageReturn":11.7,"sample":13},{"week":14,"averageReturn":12.3,"sample":13},{"week":15,"averageReturn":12.9,"sample":13},{"week":16,"averageReturn":15.0,"sample":12},{"week":17,"averageReturn":15.5,"sample":12},{"week":18,"averageReturn":16.9,"sample":12},{"week":19,"averageReturn":16.4,"sample":11},{"week":20,"averageReturn":19.9,"sample":11},{"week":21,"averageReturn":21.1,"sample":11},{"week":22,"averageReturn":21.5,"sample":11},{"week":23,"averageReturn":24.6,"sample":11},{"week":24,"averageReturn":22.9,"sample":11},{"week":25,"averageReturn":21.8,"sample":11},{"week":26,"averageReturn":24.4,"sample":11}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"medianExpectedMove":1.2,"averageExpectedMove":4.8,"averageWeeksToLargestMove":7.3,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-0.5,"medianReturn":-0.5,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-6.0,"medianReturn":-6.0,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-11.3,"medianReturn":-11.3,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.5,"sample":3},{"week":2,"averageReturn":0.3,"sample":3},{"week":3,"averageReturn":2.5,"sample":3},{"week":4,"averageReturn":-0.5,"sample":2},{"week":5,"averageReturn":-2.1,"sample":2},{"week":6,"averageReturn":-3.0,"sample":2},{"week":7,"averageReturn":-1.2,"sample":2},{"week":8,"averageReturn":-4.1,"sample":2},{"week":9,"averageReturn":-5.9,"sample":2},{"week":10,"averageReturn":-4.5,"sample":2},{"week":11,"averageReturn":-4.7,"sample":2},{"week":12,"averageReturn":-6.0,"sample":2},{"week":13,"averageReturn":-4.1,"sample":2},{"week":14,"averageReturn":-5.5,"sample":2},{"week":15,"averageReturn":-4.0,"sample":2},{"week":16,"averageReturn":-4.9,"sample":2},{"week":17,"averageReturn":-4.0,"sample":2},{"week":18,"averageReturn":-5.3,"sample":2},{"week":19,"averageReturn":-5.2,"sample":2},{"week":20,"averageReturn":-4.6,"sample":2},{"week":21,"averageReturn":-7.2,"sample":2},{"week":22,"averageReturn":-10.0,"sample":2},{"week":23,"averageReturn":-9.0,"sample":2},{"week":24,"averageReturn":-11.4,"sample":2},{"week":25,"averageReturn":-15.1,"sample":2},{"week":26,"averageReturn":-11.3,"sample":2}]},"currentApplication":{"status":"Positive support; price rotational","tone":"caution","headline":"Market Dynamics is positive while price remains rotational","use":"Treat the improvement as context until price establishes a clear response.","confirm":"The underlying condition is constructive, but a positive price response is still required.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"A recent green marker confirmed a recovery from accumulation conditions. Price is now being tested for durable follow-through away from the zone.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":84.6,"averageReturn":10.2,"sample":13},"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 has no clear direction","detail":"Price remains rotational while the Market Dynamics condition develops."}},"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, 84.6% of comparable cases moved higher after 12 weeks, with an average move of 10.2% across 13 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, 50.0% of completed 12-week outcomes were lower across 2 cases. Distinct visits lasted 9.0 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 11.4% across 13 completed cases, with the largest move arriving after 9.2 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":"2025-05-23","price":1872.625244},{"date":"2026-07-31","price":1330.0}],"distribution_rollovers":[{"date":"2025-04-25","price":17.496498},{"date":"2025-10-03","price":1689.661865},{"date":"2025-10-17","price":1683.663086}],"price_pressure_gaps":[{"date":"2025-03-28","price":1719.415771},{"date":"2025-05-02","price":1726.654419},{"date":"2025-10-10","price":1725.654663}]}},"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":[1459.504,1499.4904,1469.5006,1454.5057,1449.5073,1498.4907,1467.5013,1504.4888,1504.4888,1525.4817,1559.4701,1624.4479,1606.4541,1569.4667,1693.4244,1650.4392,1599.4564,1579.4633,1699.4225,1632.4452,1698.4229,1550.4731,1545.4749,1564.4684,1580.4629,1549.4734,1549.4734,1584.4615,1560.4697,1678.4297,1657.4368,1719.4158,1740.4086,1749.4054,1779.3953,17.4965,1726.6544,1771.6454,1896.6205,1872.6252,1839.6318,1779.6438,1749.6498,1769.6459,1739.6519,1729.6538,1748.65,1749.6498,1744.6509,1759.6478,1761.6475,1804.6388,1784.6428,1769.6459,1769.6459,1774.6448,1793.641,1729.6538,1689.6619,1725.6547,1683.6631,1539.6919,1647.6703,1595.6807,1599.6798,1599.6798,1639.6719,1569.6859,1519.6958,1549.6898,1539.6919,1499.6998,1549.6898,1499.6998,1509.6979,1499.6998,1544.6908,1499.6998,1499.6998,1499.6998,1472.7053,1416.7164,1416.7164,1374.7249,1389.7219,1414.7169,1390.0,1460.0,1478.0,1460.0,1436.0,1365.0,1384.0,13.82,13.06,12.87,13.5,13.05,1310.0,1359.0,1336.0,1330.0,1320.0,1306.0],"consensus":[55.7187,42.812,23.8063,14.485,0.0,44.6978,0.0,51.5087,38.0725,34.1089,47.7712,64.6147,10.1401,0.0,68.1591,20.1229,-20.5204,-10.9097,53.058,-11.3645,47.6105,-44.2319,-28.8452,-9.3703,0.0,-24.362,-18.0753,18.9782,-22.3499,59.5068,12.3768,61.3479,47.734,42.3041,45.6319,-73.6263,23.3021,25.7767,44.2769,27.5588,9.8367,0.0,0.0,0.0,0.0,0.0,16.5792,0.0,0.0,0.0,0.0,27.4268,0.0,-10.1339,0.0,0.0,16.5542,-31.5735,-23.7094,0.0,-24.7688,-55.8878,15.1765,-35.434,-22.499,-8.7272,16.5161,-36.6872,-36.5085,0.0,-8.3225,-35.1035,10.8256,-27.1208,-8.6504,-16.0189,17.3458,-17.1482,-9.004,-11.3928,-28.5697,-33.9875,-32.9218,-47.4089,-14.3349,0.0,-27.0403,38.2911,28.8379,0.0,-9.3045,-50.7174,0.0,-63.8222,-60.7263,-61.0515,-46.9817,-51.0031,48.0157,46.7116,37.0142,41.3952,25.0101,11.9268],"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":[0.0,-18.5164,0.0,0.0,19.6375,-30.7087,-16.1552,0.0,-13.9495,-47.431,24.6381,-35.5831,-21.1899,-14.1939,20.5674,-41.3439,-27.4728,0.0,-3.0456,-38.4674,16.6453,-24.8463,-6.6854,-20.3288,22.893,-10.4594,-9.6809,-16.1436,-21.7592,-27.0038,-36.6029,-42.0285,-10.007,0.0,-29.4332,30.5737,29.6748,0.0,-12.3942,-56.0134,0.0,-63.2117,-62.9011,-62.3181,-35.6928,-61.4116,50.2153,48.4427,36.3985,38.5471,25.5842,10.2036],"force":[0.0,-18.4241,0.0,0.0,22.3736,-56.0016,-29.885,0.0,-37.6538,-76.8305,51.3178,-30.9827,-10.6467,-3.3801,47.2133,-43.7682,-48.4966,0.0,-7.3252,-29.8672,27.5962,-27.3058,-7.1675,-6.9097,39.4932,-31.3074,-0.6617,-3.1455,-36.9003,-36.7638,-19.2394,-55.3937,-15.6865,0.0,-24.016,79.2193,32.911,0.0,-24.9145,-58.9656,0.0,-40.88,-22.2275,-22.1002,-8.19,-11.8237,37.7834,25.1029,0.5117,11.7509,6.9293,23.2112],"direction":[0.0,-5.3677,0.0,0.0,8.8737,-15.1131,-27.9316,0.0,-27.9301,-50.5936,21.452,-38.443,-32.4611,-11.1278,10.0405,-26.3075,-38.2721,0.0,-32.4914,-34.9993,7.8046,-29.5881,-22.1946,-17.5998,4.8134,-14.6789,-15.1344,-11.8543,-30.4026,-39.9859,-38.4879,-47.8545,-40.7248,0.0,-26.4658,17.8765,24.9722,0.0,-5.3766,-38.7733,0.0,-80.9072,-85.74,-87.4263,-87.5916,-67.093,52.8107,60.168,63.791,65.8246,47.1679,38.9946],"intensity":[25.0,15.3846,9.6154,13.4615,11.5385,69.2308,90.3846,32.6923,76.9231,92.3077,78.8462,57.6923,3.8462,7.6923,40.3846,69.2308,73.0769,90.3846,7.6923,46.1538,57.6923,59.6154,9.6154,25.0,51.9231,51.9231,26.9231,3.8462,53.8462,76.9231,69.2308,71.1538,15.3846,71.1538,21.1538,73.0769,21.1538,17.3077,25.0,76.9231,86.5385,100.0,1.9231,1.9231,3.8462,3.8462,98.0769,67.3077,48.0769,13.4615,19.2308,25.0],"confirmation":[2.3318,49.8462,48.3756,24.5,73.4277,78.8612,75.8903,27.3581,76.4836,86.6512,33.0568,79.2009,74.8584,48.3949,30.9676,79.8848,80.1858,5.5698,27.2386,79.0223,50.8849,76.719,26.5117,50.1161,52.5013,74.0209,48.0509,48.6553,77.5,79.067,78.0619,83.4962,29.7513,4.9432,76.5243,81.6181,77.3395,24.3084,49.8864,84.4002,4.7588,87.7332,86.226,86.3301,82.0239,82.9684,83.0197,82.2628,56.0748,80.3864,53.8327,30.3903],"persistence":[25.0,12.5,0.0,0.0,12.5,0.0,12.5,25.0,37.5,37.5,25.0,37.5,62.5,62.5,37.5,50.0,50.0,37.5,62.5,62.5,37.5,37.5,62.5,62.5,37.5,50.0,50.0,50.0,75.0,75.0,75.0,75.0,100.0,87.5,87.5,62.5,37.5,25.0,25.0,25.0,12.5,25.0,25.0,50.0,75.0,87.5,62.5,37.5,25.0,0.0,25.0,50.0],"assessmentRisk":[44.164,23.5704,21.9282,43.4458,14.3323,30.6382,37.9134,48.9481,37.5536,22.0225,38.7357,31.1159,33.8608,43.5976,15.0479,1.8929,25.0018,32.4847,42.3702,23.5675,17.3237,20.0141,23.0286,8.0094,15.2369,8.5741,7.9524,5.6964,34.4199,32.2696,32.9682,26.2411,42.1813,3.2912,23.3353,30.0927,34.9,41.3412,49.538,24.1328,45.6697,18.0527,19.595,19.4126,26.4525,25.3965,25.2883,26.059,30.8553,28.6516,11.5506,11.0053],"volumeParticipation":true,"latest":{"consensus":11.9,"control":10.2,"force":23.2,"direction":39.0,"confirmation":30.4,"persistence":50.0,"assessmentRisk":11.0,"intensity":25.0,"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":"Control support is limited","controlPath":"Control support is easing","forceState":"Upward commitment","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Developing","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+11.9","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+10.2","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+23.2","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+39.0","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"30/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"55.0","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"13.3%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"47.7","detail":"Directional","tone":"positive"},{"label":"Range position","value":"85%","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":[1459.504,1499.4904,1469.5006,1454.5057,1449.5073,1498.4907,1467.5013,1504.4888,1504.4888,1525.4817,1559.4701,1624.4479,1606.4541,1569.4667,1693.4244,1650.4392,1599.4564,1579.4633,1699.4225,1632.4452,1698.4229,1550.4731,1545.4749,1564.4684,1580.4629,1549.4734,1549.4734,1584.4615,1560.4697,1678.4297,1657.4368,1719.4158,1740.4086,1749.4054,1779.3953,17.4965,1726.6544,1771.6454,1896.6205,1872.6252,1839.6318,1779.6438,1749.6498,1769.6459,1739.6519,1729.6538,1748.65,1749.6498,1744.6509,1759.6478,1761.6475,1804.6388,1784.6428,1769.6459,1769.6459,1774.6448,1793.641,1729.6538,1689.6619,1725.6547,1683.6631,1539.6919,1647.6703,1595.6807,1599.6798,1599.6798,1639.6719,1569.6859,1519.6958,1549.6898,1539.6919,1499.6998,1549.6898,1499.6998,1509.6979,1499.6998,1544.6908,1499.6998,1499.6998,1499.6998,1472.7053,1416.7164,1416.7164,1374.7249,1389.7219,1414.7169,1390.0,1460.0,1478.0,1460.0,1436.0,1365.0,1384.0,13.82,13.06,12.87,13.5,13.05,1310.0,1359.0,1336.0,1330.0,1320.0,1306.0],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[1343.4643,1371.8326,1389.5905,1401.3932,1410.1412,1426.2048,1433.7133,1446.5815,1457.1101,1469.5413,1485.892,1511.084,1528.424,1535.8863,1564.5296,1580.1495,1583.6599,1582.8969,1604.0833,1609.24,1625.4551,1611.822,1599.7589,1593.3424,1591.0007,1583.4503,1577.2727,1578.5797,1575.287,1594.0402,1605.5669,1626.2667,1647.0197,1665.6353,1686.3189,1382.8967,1445.3981,1504.7158,1575.9712,1629.9083,1668.0398,1688.3315,1699.4803,1712.2376,1717.222,1719.4824,1724.7856,1729.3063,1732.0963,1737.1056,1741.5678,1753.0352,1758.7821,1760.7573,1762.3734,1764.6046,1769.8839,1762.5694,1749.3134,1745.0118,1733.8575,1698.5547,1689.303,1672.2807,1659.0806,1648.2804,1646.7152,1632.7099,1612.1619,1600.8033,1589.6922,1573.3299,1569.0317,1556.4259,1547.9299,1539.1608,1540.1663,1532.8087,1526.7889,1521.8636,1512.9258,1495.4332,1481.121,1461.7763,1448.6755,1442.5012,1432.9555,1437.8727,1445.1686,1447.8652,1445.7079,1431.0337,1422.4821,1166.3618,956.6705,785.0704,644.7849,529.924,671.756,796.7095,894.7623,973.8964,1036.8243,1085.7654],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[1249.1869,1267.7279,1282.674,1295.4023,1306.8175,1321.0155,1331.8663,1344.6531,1356.4928,1369.0105,1383.1186,1400.9949,1416.2141,1427.5661,1447.2593,1462.3097,1472.4687,1480.3942,1496.6185,1506.6798,1520.883,1523.0748,1524.7341,1527.6774,1531.5874,1532.9123,1534.139,1537.8666,1539.5409,1549.829,1557.7999,1569.7715,1582.4113,1594.7812,1608.4563,1490.6074,1508.0924,1527.6148,1554.9486,1578.4802,1597.8248,1611.2928,1621.5415,1632.5122,1640.4485,1647.0563,1654.5817,1661.6238,1667.774,1674.5794,1681.0289,1690.1852,1697.1821,1702.5498,1707.5198,1712.4921,1718.5031,1719.3291,1717.1315,1717.7628,1715.2369,1702.2336,1698.1919,1690.5984,1683.8637,1677.6279,1674.8163,1667.0289,1656.1153,1648.232,1640.192,1629.7851,1623.8521,1614.6557,1606.881,1598.9417,1594.9231,1587.8695,1581.3384,1575.2911,1567.6922,1556.5088,1546.1538,1533.4554,1522.8084,1514.8017,1505.5571,1502.1825,1500.3912,1497.3993,1492.8512,1483.3807,1476.0192,1367.7081,1267.3638,1174.4383,1088.4429,1008.7842,1031.0965,1055.3856,1076.1719,1094.974,1111.6425,1126.0394],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[1454.705,1489.3467,1510.6584,1524.6258,1538.116,1557.3314,1569.7197,1582.4799,1589.4333,1596.0394,1605.0032,1618.6379,1629.301,1641.6555,1679.5777,1696.3922,1696.1555,1698.0555,1711.0853,1709.1043,1727.2149,1727.2018,1725.0839,1721.1917,1715.5908,1713.4528,1707.0397,1704.4835,1700.8198,1709.0427,1714.3497,1729.5243,1748.6299,1767.0272,1783.8637,2271.6317,2281.8011,2297.366,2319.3062,2342.175,2355.8066,2371.0375,2383.0802,2395.6732,2404.7714,2413.709,2423.5896,2432.1662,2440.6149,2445.6061,2451.626,2457.6046,2460.6749,2462.0552,2461.3532,1864.8434,1865.2925,1865.9982,1845.6693,1823.7959,1813.5529,1850.681,1852.7241,1857.7403,1861.8299,1864.6006,1861.5465,1862.5451,1867.4011,1863.3372,1857.233,1844.0588,1826.8853,1812.7827,1794.0391,1770.5571,1734.2992,1711.8722,1695.4483,1664.2884,1641.9323,1650.3663,1638.6854,1640.7551,1635.2029,1623.8789,1600.9612,1588.8344,1585.0496,1575.2342,1566.0682,1567.043,1554.9732,2009.6571,2165.662,2251.2998,2290.6831,2305.9284,2286.1141,2270.6,2255.8796,2246.8829,2236.8339,2229.9551],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[1074.5156,1075.8816,1087.0588,1103.581,1115.0823,1125.6569,1136.6606,1154.3901,1178.926,1204.9088,1230.6332,1259.4841,1284.009,1290.648,1281.0162,1296.0908,1325.3177,1343.5109,1366.8687,1395.6407,1401.4219,1406.5333,1416.2486,1431.137,1449.8335,1457.0698,1471.6801,1482.2336,1491.4953,1498.5673,1503.0569,1497.3791,1491.669,1491.2656,1483.0261,831.9638,834.5143,838.1675,835.9472,837.0963,837.5856,845.2718,853.6466,861.5714,868.3921,877.4725,887.5096,895.4518,905.4212,908.5518,912.953,915.4967,916.8499,917.4935,917.2207,1689.4453,1695.6949,1690.79,1690.423,1697.5993,1692.2455,1631.1222,1618.8811,1596.4684,1578.3816,1562.6135,1554.7698,1535.7748,1508.4233,1491.4914,1475.4,1458.0803,1451.7585,1438.8665,1431.6153,1427.6029,1438.9657,1438.3974,1435.825,1444.3895,1445.6498,1424.9182,1413.5038,1389.3384,1373.8948,1366.7226,1364.6731,1365.8313,1365.4465,1366.2929,1365.0898,1350.645,1346.1458,742.8739,437.2052,202.8844,10.382,-153.5283,-152.684,-151.2398,-150.19,-149.8649,-149.4876,-149.4812],"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":"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":[22.0322,17.3177,64.5803,49.6696,27.6886,13.0911,47.8062,246.2565,559.2761,45.1545,213.4916,127.5105,84.7993,22.1839,31.194,42.2106,114.5193,58.5929,11.8657,38.5458,26.4754,25.2377,111.2983,44.2521,74.1096,45.8773,30.4505,19.1129,60.6149,146.2901,34.3017,199.8339,101.2716,167.9901,65.2434,32.1371,57.2869,59.196,734.7991,149.9233,64.2644,100.5804,172.9176,34.1303,70.5212,67.7838,28.17,78.2459,42.1835,84.4061,84.3129,29.7553,56.7681,46.445,54.786,53.2032,267.0935,113.1464,137.7186,116.5605,474.1927,141.6407,63.5681,34.7051,60.302,71.4531,367.5692,45.3234,223.1286,21.0684,11.8491,30.877,18.644,57.4645,85.7565,30.0751,75.9975,152.9059,69.8987,49.156,254.857,67.3214,75.3386,148.6409,365.3504,114.6363,43.2933,503.826,20.8722,21.2681,683.3105,24.6057,44.2787,0.3707,2.1042,21.6353,6.6998,0.9311,6.5366,16.2275,75.4631,87.9776,42.8607,756.9164],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[69.7247,69.8005,67.8306,67.6464,67.5513,67.5046,67.3486,68.2285,68.1604,68.3485,69.3025,69.8532,69.4862,69.3922,69.5158,69.3629,68.9304,68.7069,68.7518,68.6076,68.7066,68.612,68.1864,68.3553,68.6453,68.4626,68.4626,68.5306,68.3829,68.7526,68.681,69.083,69.278,68.4983,67.7816,67.7127,67.8255,67.9384,70.1254,69.6555,69.4509,69.119,68.5373,68.5235,68.2904,68.0653,68.1584,68.4243,68.2813,68.5627,68.8529,68.9503,68.7651,68.6187,68.6187,68.7899,69.7646,69.3337,68.0725,68.4127,66.637,66.1006,66.3295,66.2044,66.4211,66.4211,68.0238,67.8279,66.7611,66.8598,66.8058,66.6642,66.7487,66.485,66.7114,66.5406,66.873,66.1858,66.1858,66.1858,65.0,65.0,65.0,65.0,66.7685,67.3417,67.1554,69.9883,70.0958,69.9862,65.0,65.0,65.3469,65.344,65.3282,65.1652,65.2148,65.2082,65.2536,65.3655,65.0,65.0,65.0,65.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"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":"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":[-11.4279,-9.0013,-10.8212,-11.7312,-12.0346,-9.0619,-10.9426,-8.6979,-8.6979,-7.4239,-5.3613,-1.418,-2.51,-4.7547,0.0,-2.5384,-5.549,-6.7296,0.0,-3.9412,-0.0588,-8.7647,-9.0588,-7.9412,-7.0,-8.8235,-8.8235,-6.7647,-8.1765,-1.2353,-2.4706,0.0,0.0,0.0,0.0,-99.0167,-2.964,-0.4355,0.0,-1.2652,-3.0047,-6.1676,-7.7491,-6.6948,-8.2762,-8.8034,-7.8018,-7.7491,-8.0127,-7.2219,-7.1165,-4.8498,-5.9041,-6.6948,-6.6948,-6.4312,-5.4296,-8.8034,-10.912,-9.0142,-11.2283,-18.8192,-13.126,-15.8672,-15.6563,-15.6563,-13.5477,-17.2377,-19.8735,-18.292,-18.8192,-20.9278,-18.292,-20.9278,-20.4006,-20.9278,-18.5556,-20.9278,-20.9278,-20.9278,-22.3511,-25.3031,-25.3031,-27.5171,-26.7264,-25.4085,-26.7117,-23.021,-22.0719,-23.021,-24.2864,-28.0299,-27.0281,-99.2713,-99.3114,-99.3214,-99.2882,-99.3119,-30.9298,-28.3462,-29.5589,-29.8753,-30.4025,-31.1407],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[31.5545,35.1587,32.4556,28.1034,27.6631,31.5142,28.7944,31.4411,30.8696,28.2353,31.0924,36.5546,35.042,31.9328,41.1667,37.5833,33.3333,25.8964,29.771,24.6565,29.6947,18.3969,15.7186,17.1407,15.8242,6.8966,6.8966,9.3104,7.6552,15.7931,12.9428,17.1662,15.6811,16.2791,16.6448,0.0,9768.5715,10025.7142,10740.0006,10602.8575,10414.286,10071.4286,9899.9999,10014.2862,9842.8575,9785.7143,9894.2859,9899.9999,9871.429,9957.143,9968.5718,10214.2857,10100.0001,10014.2862,10014.2862,10042.857,10151.4285,9785.7143,9557.1432,9762.8575,9522.8576,0.0,7.013,3.6364,3.8961,3.8961,6.4935,1.9481,0.0,1.9737,1.3158,0.0,3.3333,0.0,0.6667,0.0,3.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,1.0909,2.9091,1.1111,6.2031,7.5124,6.2031,4.4573,0.0,1.3919,0.0,0.0,0.0,4.8951,1.3986,10078.7102,10459.4406,10280.7304,10234.1103,10156.4103,10047.6301],"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":"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":[80.3467,87.9529,90.5175,90.2991,88.7002,90.3442,88.1306,88.3425,87.5017,87.5205,89.2492,94.7699,96.5798,93.9467,100.7014,101.417,96.7548,90.4046,93.9686,90.3471,91.7432,79.9894,69.4702,61.9522,56.6319,49.3461,43.0755,40.4628,36.0409,41.5756,43.7634,49.923,55.8546,60.5831,65.9897,-71.0768,-41.3119,-13.9321,17.6477,40.2744,54.9109,60.9672,62.6246,64.8047,63.3815,60.7466,59.5053,57.9344,55.6447,54.4129,52.9873,54.696,53.8163,51.3175,48.7749,46.6257,45.926,39.75,31.268,27.1374,20.2422,3.1244,-1.7089,-9.6235,-15.3957,-19.7427,-19.7332,-25.0838,-32.9778,-36.3941,-39.4535,-44.591,-44.1203,-47.2364,-48.342,-49.4548,-46.1741,-46.6665,-46.5205,-45.876,-47.0017,-51.8143,-54.9944,-60.209,-62.412,-61.4328,-61.9373,-56.0427,-49.3498,-44.9796,-42.9576,-46.5477,-47.3143,-156.6779,-240.6367,-303.6892,-349.5783,-381.5833,-298.8496,-226.7152,-169.4507,-123.133,-86.2387,-57.4669],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[71.3529,74.6729,77.8418,80.3333,82.0067,83.6742,84.5654,85.3209,85.757,86.1097,86.7376,88.3441,89.9912,90.7823,92.7661,94.4963,94.948,94.0393,94.0252,93.2896,92.9803,90.3821,86.1997,81.3502,76.4066,70.9945,65.4107,60.4211,55.5451,52.7512,50.9536,50.7475,51.7689,53.5317,56.0233,30.6033,16.2203,10.1898,11.6814,17.4,24.9022,32.1152,38.2171,43.5346,47.504,50.1525,52.023,53.2053,53.6932,53.8371,53.6672,53.8729,53.8616,53.3528,52.4372,51.2749,50.2051,48.1141,44.7449,41.2234,37.0271,30.2466,23.8555,17.1597,10.6486,4.5704,-0.2903,-5.249,-10.7948,-15.9146,-20.6224,-25.4161,-29.157,-32.7728,-35.8867,-38.6003,-40.1151,-41.4254,-42.4444,-43.1307,-43.9049,-45.4868,-47.3883,-49.9524,-52.4443,-54.242,-55.7811,-55.8334,-54.5367,-52.6253,-50.6917,-49.8629,-49.3532,-70.8181,-104.7818,-144.5633,-185.5663,-224.7697,-239.5857,-237.0116,-223.4994,-203.4261,-179.9886,-155.4843],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[8.9938,13.28,12.6757,9.9658,6.6936,6.67,3.5651,3.0216,1.7447,1.4108,2.5116,6.4258,6.5886,3.1643,7.9353,6.9207,1.8068,-3.6347,-0.0566,-2.9425,-1.237,-10.3927,-16.7295,-19.398,-19.7747,-21.6484,-22.3352,-19.9583,-19.5042,-11.1756,-7.1902,-0.8245,4.0857,7.0513,9.9663,-101.6801,-57.5322,-24.1219,5.9663,22.8744,30.0088,28.852,24.4076,21.2701,15.8775,10.5941,7.4822,4.7291,1.9515,0.5758,-0.6799,0.8231,-0.0453,-2.0353,-3.6623,-4.6492,-4.2791,-8.3641,-13.4769,-14.086,-16.7849,-27.1222,-25.5644,-26.7832,-26.0444,-24.313,-19.4428,-19.8347,-22.183,-20.4794,-18.831,-19.1749,-14.9633,-14.4636,-12.4553,-10.8545,-6.059,-5.2412,-4.0762,-2.7453,-3.0968,-6.3275,-7.6061,-10.2565,-9.9676,-7.1908,-6.1562,-0.2093,5.1869,7.6457,7.7341,3.3152,2.0389,-85.8597,-135.8548,-159.1259,-164.012,-156.8136,-59.2639,10.2964,54.0487,80.2931,93.75,98.0174],"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":"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":[17.4876,20.6061,20.5756,17.6059,13.9315,12.0446,10.7608,13.0806,11.0905,12.3242,15.1781,20.6552,20.1915,14.2864,23.8841,16.5929,12.0043,13.2263,20.6961,15.4774,21.257,8.7889,8.6272,7.4784,6.3213,2.5459,2.0646,7.6156,2.6195,10.7148,7.0198,10.4684,22.0005,15.0964,12.5129,-98.8905,7.2195,10.0941,16.2627,13.0739,9.6616,3.5251,2.6031,4.0405,0.7884,-1.2288,-0.2605,-1.7973,-2.4626,-0.5356,-3.589,-2.424,-4.2387,-4.162,-3.8113,-6.1666,-6.6006,-10.3443,-14.7272,-12.9394,-15.4201,-22.1488,-15.5008,-17.4752,-19.1526,-17.0954,-15.5461,-19.8011,-22.495,-21.5795,-22.9787,-23.792,-21.9574,-25.2713,-25.5588,-24.1728,-21.4245,-23.5991,-24.647,-27.2498,-20.8109,-22.0864,-18.0885,-21.0645,-22.29,-22.0071,-23.9676,-18.2163,-15.5901,-17.8162,-15.9553,-18.3347,-17.422,-99.1295,-99.1675,-99.1572,-99.0731,-99.0909,-6.9377,-1.9775,-2.6827,-4.0472,-8.7714,-6.0859],"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":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[31.0103,32.0584,31.7179,31.4018,31.1083,30.8357,30.5954,30.4398,30.2953,30.7739,31.7828,33.1034,34.6286,35.1042,35.7876,36.4827,37.1282,37.2862,38.2039,37.7585,37.3574,36.7328,35.5135,34.4629,32.6526,30.9716,29.4725,28.0805,27.0163,27.7312,28.6486,29.5134,30.6934,29.6642,29.4296,32.79,35.9038,38.8185,40.4275,41.9216,43.3089,44.7971,46.1789,47.4621,48.7411,50.1245,51.409,52.0992,52.7402,53.0097,53.2601,53.4925,53.2656,53.0549,52.6929,52.3566,52.1261,52.1022,52.6377,52.7353,53.2344,53.962,54.6377,55.2651,55.8561,56.4536,57.0085,56.4319,56.3995,56.623,56.8305,56.4649,56.1254,56.1206,56.1291,56.1369,56.1177,56.3522,56.5699,56.6796,57.1623,58.1273,59.0235,60.1214,61.141,60.0893,59.1127,58.0684,57.0987,56.3093,55.6889,55.3859,55.9279,58.4512,60.7946,62.9707,64.9857,66.8567,62.9355,59.4397,56.1935,53.1792,50.3586,47.7429],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[28.5617,30.1732,27.7872,26.4884,25.3683,24.2845,23.2853,22.7993,21.9243,24.6627,27.6821,29.3844,30.7963,27.9139,26.4883,23.7085,22.3115,21.3625,25.1753,22.1482,19.8812,17.716,16.4273,15.7161,14.5571,14.0873,13.8762,13.4133,13.7081,20.2695,19.9559,18.7644,20.146,17.7915,20.3006,8.164,4.9874,4.8743,8.3567,8.0609,7.9275,7.6301,7.4517,7.3425,7.1267,6.6793,6.6119,8.2002,8.0474,9.0162,8.8121,8.6472,9.8753,9.6738,10.0058,9.8218,9.5463,9.1455,8.2393,8.7372,7.6487,6.7893,6.3957,6.1536,5.9218,5.6665,5.4391,7.9446,7.0785,6.6247,6.2274,7.4373,7.22,6.8046,6.4037,6.1299,5.939,5.5778,5.445,5.547,5.3052,4.6118,4.4051,4.2208,4.123,9.4588,8.7318,8.5492,8.0959,7.5983,7.104,6.6282,5.9444,2.7827,2.7819,2.7813,2.8067,2.8057,44.3029,44.4194,43.422,42.6328,41.6673,40.7331],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[12.0662,11.2499,15.8717,15.1298,14.4901,13.871,13.249,12.7089,12.2212,11.3423,10.5269,9.724,9.0806,11.6002,10.1299,8.8762,8.3532,9.2999,8.3619,11.4176,10.2094,9.8334,11.0285,10.3029,12.1241,11.7328,11.3568,10.978,10.5152,9.3156,8.4358,7.898,7.4451,12.8081,11.8258,61.2436,37.2488,36.9827,34.8798,33.6453,33.0886,34.9288,34.1118,33.612,34.031,35.2071,34.8519,33.9301,33.2978,32.4513,31.7165,31.1231,29.8772,29.2676,28.4676,27.944,27.9852,28.7961,32.5487,29.2535,30.3311,30.3323,28.5739,27.4922,26.5614,26.0089,24.9654,23.1716,25.0811,26.1128,24.5465,23.3665,22.6837,24.1664,22.8629,21.8853,20.9754,21.8994,21.3781,20.9335,23.7147,26.8391,25.6363,28.7477,28.0817,25.8464,23.86,22.2548,21.0749,20.5676,20.0229,20.6751,26.1646,60.8549,60.8673,60.8643,60.8357,60.8154,34.8373,33.5138,32.7613,32.1658,31.6327,30.8923],"stroke":"#c13f3f","width":1.6}],"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/b6eb0bf9-6618-4bc4-94a4-1751276fbb00/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/b6eb0bf9-6618-4bc4-94a4-1751276fbb00/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/b6eb0bf9-6618-4bc4-94a4-1751276fbb00/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/b6eb0bf9-6618-4bc4-94a4-1751276fbb00/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/b6eb0bf9-6618-4bc4-94a4-1751276fbb00/technical-pack/data.json"},"source_fingerprint":"5eb04f4fab100289654dd274f894ebee886bc6a7b4fdbc8d7a0b0f64505ccd54","content_hash":"00e337bc1a563fd3b85cb4991acb3d05108053c6b879ed50b6a269361babcae2","citation":"Sharemaestro, CAA Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/b6eb0bf9-6618-4bc4-94a4-1751276fbb00/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."}