{"schema_version":"1.0","name":"TRA5 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"b75bb1ff-cc74-43a6-a750-4f0c033f0aab","symbol":"TRA5","name":"SPDR Bloomberg 3-7 Year U.S. Tr","exchange":"MIL","country":"IT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","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, Range position and boundary pressure, Range pressure and compression, Acceleration, deceleration and rollover, Activity pressure and cumulative balance, Directional pressure and rotation."},{"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":"2026-08-21","observations":26,"displayedObservations":26,"assetType":"ETF","state":"Aligned downward","stateTone":"negative","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","evidenceAlignment":{"status":"Evidence developing","headline":"Price structure is visible; Market Dynamics is not yet established","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","take":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","tone":"neutral","conflict":false},"marketDynamics":{"available":true,"readAvailable":false,"dates":["2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"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],"opens":[9.9871,9.9905,9.9654,9.9239,9.8626,9.8696,9.8902,9.9137,8.448,8.448,8.442,8.429,8.445,8.457,8.485,8.543,8.599,8.678,8.635,8.634,8.632,8.632,8.632,8.557,8.557,8.557],"highs":[10.03127,9.9905,9.9654,9.9333,9.8648,9.8876,9.9079,9.9484,8.486,8.448,8.442,8.452,8.475,8.484,8.485,8.543,8.6,8.699,8.635,8.634,8.632,8.632,8.632,8.557,8.557,8.557],"lows":[9.9871,9.94793,9.89385,8.621,9.8123,9.8696,9.8902,9.9137,8.445,8.446,8.427,8.429,8.445,8.455,8.485,8.516,8.59,8.678,8.635,8.633,8.632,8.632,8.557,8.557,8.557,8.447],"closes":[10.03127,9.94793,9.89385,9.839,9.8285,9.8876,9.8967,9.9484,8.474,8.446,8.429,8.445,8.458,8.463,8.485,8.516,8.6,8.699,8.635,8.633,8.632,8.632,8.557,8.557,8.557,8.449],"hoverRows":[[{"label":"Open","value":"9.99","className":"is-ohlc","compact":true},{"label":"High","value":"10.0","className":"is-ohlc","compact":true},{"label":"Low","value":"9.99","className":"is-ohlc","compact":true},{"label":"Close","value":"10.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"9.99","className":"is-ohlc","compact":true},{"label":"High","value":"9.99","className":"is-ohlc","compact":true},{"label":"Low","value":"9.95","className":"is-ohlc","compact":true},{"label":"Close","value":"9.95","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"9.97","className":"is-ohlc","compact":true},{"label":"High","value":"9.97","className":"is-ohlc","compact":true},{"label":"Low","value":"9.89","className":"is-ohlc","compact":true},{"label":"Close","value":"9.89","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.92","className":"is-ohlc","compact":true},{"label":"High","value":"9.93","className":"is-ohlc","compact":true},{"label":"Low","value":"8.62","className":"is-ohlc","compact":true},{"label":"Close","value":"9.84","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.86","className":"is-ohlc","compact":true},{"label":"High","value":"9.86","className":"is-ohlc","compact":true},{"label":"Low","value":"9.81","className":"is-ohlc","compact":true},{"label":"Close","value":"9.83","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.87","className":"is-ohlc","compact":true},{"label":"High","value":"9.89","className":"is-ohlc","compact":true},{"label":"Low","value":"9.87","className":"is-ohlc","compact":true},{"label":"Close","value":"9.89","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.89","className":"is-ohlc","compact":true},{"label":"High","value":"9.91","className":"is-ohlc","compact":true},{"label":"Low","value":"9.89","className":"is-ohlc","compact":true},{"label":"Close","value":"9.90","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.91","className":"is-ohlc","compact":true},{"label":"High","value":"9.95","className":"is-ohlc","compact":true},{"label":"Low","value":"9.91","className":"is-ohlc","compact":true},{"label":"Close","value":"9.95","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.45","className":"is-ohlc","compact":true},{"label":"High","value":"8.49","className":"is-ohlc","compact":true},{"label":"Low","value":"8.45","className":"is-ohlc","compact":true},{"label":"Close","value":"8.47","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.45","className":"is-ohlc","compact":true},{"label":"High","value":"8.45","className":"is-ohlc","compact":true},{"label":"Low","value":"8.45","className":"is-ohlc","compact":true},{"label":"Close","value":"8.45","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.44","className":"is-ohlc","compact":true},{"label":"High","value":"8.44","className":"is-ohlc","compact":true},{"label":"Low","value":"8.43","className":"is-ohlc","compact":true},{"label":"Close","value":"8.43","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.43","className":"is-ohlc","compact":true},{"label":"High","value":"8.45","className":"is-ohlc","compact":true},{"label":"Low","value":"8.43","className":"is-ohlc","compact":true},{"label":"Close","value":"8.45","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.45","className":"is-ohlc","compact":true},{"label":"High","value":"8.47","className":"is-ohlc","compact":true},{"label":"Low","value":"8.45","className":"is-ohlc","compact":true},{"label":"Close","value":"8.46","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.46","className":"is-ohlc","compact":true},{"label":"High","value":"8.48","className":"is-ohlc","compact":true},{"label":"Low","value":"8.46","className":"is-ohlc","compact":true},{"label":"Close","value":"8.46","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.48","className":"is-ohlc","compact":true},{"label":"High","value":"8.48","className":"is-ohlc","compact":true},{"label":"Low","value":"8.48","className":"is-ohlc","compact":true},{"label":"Close","value":"8.48","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.54","className":"is-ohlc","compact":true},{"label":"High","value":"8.54","className":"is-ohlc","compact":true},{"label":"Low","value":"8.52","className":"is-ohlc","compact":true},{"label":"Close","value":"8.52","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.60","className":"is-ohlc","compact":true},{"label":"High","value":"8.60","className":"is-ohlc","compact":true},{"label":"Low","value":"8.59","className":"is-ohlc","compact":true},{"label":"Close","value":"8.60","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.68","className":"is-ohlc","compact":true},{"label":"High","value":"8.70","className":"is-ohlc","compact":true},{"label":"Low","value":"8.68","className":"is-ohlc","compact":true},{"label":"Close","value":"8.70","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.63","className":"is-ohlc","compact":true},{"label":"High","value":"8.63","className":"is-ohlc","compact":true},{"label":"Low","value":"8.63","className":"is-ohlc","compact":true},{"label":"Close","value":"8.63","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.63","className":"is-ohlc","compact":true},{"label":"High","value":"8.63","className":"is-ohlc","compact":true},{"label":"Low","value":"8.63","className":"is-ohlc","compact":true},{"label":"Close","value":"8.63","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.63","className":"is-ohlc","compact":true},{"label":"High","value":"8.63","className":"is-ohlc","compact":true},{"label":"Low","value":"8.63","className":"is-ohlc","compact":true},{"label":"Close","value":"8.63","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.63","className":"is-ohlc","compact":true},{"label":"High","value":"8.63","className":"is-ohlc","compact":true},{"label":"Low","value":"8.63","className":"is-ohlc","compact":true},{"label":"Close","value":"8.63","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.63","className":"is-ohlc","compact":true},{"label":"High","value":"8.63","className":"is-ohlc","compact":true},{"label":"Low","value":"8.56","className":"is-ohlc","compact":true},{"label":"Close","value":"8.56","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.56","className":"is-ohlc","compact":true},{"label":"High","value":"8.56","className":"is-ohlc","compact":true},{"label":"Low","value":"8.56","className":"is-ohlc","compact":true},{"label":"Close","value":"8.56","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.56","className":"is-ohlc","compact":true},{"label":"High","value":"8.56","className":"is-ohlc","compact":true},{"label":"Low","value":"8.56","className":"is-ohlc","compact":true},{"label":"Close","value":"8.56","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.56","className":"is-ohlc","compact":true},{"label":"High","value":"8.56","className":"is-ohlc","compact":true},{"label":"Low","value":"8.45","className":"is-ohlc","compact":true},{"label":"Close","value":"8.45","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[8.332864,10.127406],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"steady","fourWeekDirection":"steady","now":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"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":"Zone progression","detail":"Across the displayed history, price has moved from the upper positioning area into the lower accumulation zone. Market Dynamics history is not yet sufficient to classify the move.","tone":"neutral"},"chartSummary":"Price is in the accumulation zone. The Market Dynamics bars show whether underlying conditions are repairing or continuing to weaken.","summary":"Across the displayed history, price has moved from the upper positioning area into the lower accumulation zone. Market Dynamics history is not yet sufficient to classify the move.","annotations":[{"label":"Current tape relationship","value":"Zone progression","detail":"Market Dynamics remains positive and was little changed this week.","tone":"neutral"},{"label":"Price location","value":"Accumulation zone","detail":"Price is in the lower accumulation area. With limited Market Dynamics history, the zone describes location rather than a completed positioning signal.","tone":"caution"},{"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":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":26,"relationship":{"sample":0,"correlationSample":25,"label":"Variable relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"averageWeeksInZone":8.0,"medianWeeksInZone":8,"averageWeeksToHigher":6.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"medianReturn":-0.2,"averageReturn":-0.2,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":1.9,"averageReturn":1.9,"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":-0.3,"sample":1},{"week":2,"averageReturn":-0.5,"sample":1},{"week":3,"averageReturn":-0.3,"sample":1},{"week":4,"averageReturn":-0.2,"sample":1},{"week":5,"averageReturn":-0.1,"sample":1},{"week":6,"averageReturn":0.1,"sample":1},{"week":7,"averageReturn":0.5,"sample":1},{"week":8,"averageReturn":1.5,"sample":1},{"week":9,"averageReturn":2.7,"sample":1},{"week":10,"averageReturn":1.9,"sample":1},{"week":11,"averageReturn":1.9,"sample":1},{"week":12,"averageReturn":1.9,"sample":1},{"week":13,"averageReturn":1.9,"sample":1},{"week":14,"averageReturn":1.0,"sample":1},{"week":15,"averageReturn":1.0,"sample":1},{"week":16,"averageReturn":1.0,"sample":1},{"week":17,"averageReturn":-0.3,"sample":1},{"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":1.5,"medianWeeksInZone":1.5,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-8.6,"averageReturn":-8.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-14.5,"averageReturn":-14.5,"confidenceLow":34.2,"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":-7.8,"sample":2},{"week":2,"averageReturn":-8.2,"sample":2},{"week":3,"averageReturn":-8.6,"sample":2},{"week":4,"averageReturn":-8.6,"sample":2},{"week":5,"averageReturn":-8.2,"sample":2},{"week":6,"averageReturn":-8.1,"sample":2},{"week":7,"averageReturn":-7.8,"sample":2},{"week":8,"averageReturn":-15.0,"sample":2},{"week":9,"averageReturn":-14.7,"sample":2},{"week":10,"averageReturn":-14.3,"sample":2},{"week":11,"averageReturn":-14.5,"sample":2},{"week":12,"averageReturn":-14.5,"sample":2},{"week":13,"averageReturn":-14.4,"sample":2},{"week":14,"averageReturn":-14.3,"sample":2},{"week":15,"averageReturn":-14.5,"sample":2},{"week":16,"averageReturn":-14.1,"sample":2},{"week":17,"averageReturn":-13.6,"sample":2},{"week":18,"averageReturn":-14.5,"sample":2},{"week":19,"averageReturn":-13.9,"sample":1},{"week":20,"averageReturn":-13.9,"sample":1},{"week":21,"averageReturn":-13.9,"sample":1},{"week":22,"averageReturn":-14.7,"sample":1},{"week":23,"averageReturn":-14.7,"sample":1},{"week":24,"averageReturn":-14.7,"sample":1},{"week":25,"averageReturn":-15.8,"sample":1},{"week":26,"sample":0}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":1.7,"averageExpectedMove":1.7,"averageWeeksToLargestMove":2.5,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-6.0,"medianReturn":-6.0,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-6.5,"medianReturn":-6.5,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.4,"sample":2},{"week":2,"averageReturn":-6.9,"sample":2},{"week":3,"averageReturn":-6.5,"sample":2},{"week":4,"averageReturn":-6.0,"sample":2},{"week":5,"averageReturn":-6.3,"sample":2},{"week":6,"averageReturn":-6.3,"sample":2},{"week":7,"averageReturn":-6.2,"sample":2},{"week":8,"averageReturn":-6.1,"sample":2},{"week":9,"averageReturn":-6.4,"sample":2},{"week":10,"averageReturn":-6.0,"sample":2},{"week":11,"averageReturn":-5.5,"sample":2},{"week":12,"averageReturn":-6.5,"sample":2},{"week":13,"averageReturn":-12.8,"sample":1},{"week":14,"averageReturn":-12.8,"sample":1},{"week":15,"averageReturn":-12.8,"sample":1},{"week":16,"averageReturn":-13.5,"sample":1},{"week":17,"averageReturn":-13.5,"sample":1},{"week":18,"averageReturn":-13.5,"sample":1},{"week":19,"averageReturn":-14.6,"sample":1},{"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}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"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,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"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}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"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,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"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}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":1.9,"averageExpectedMove":1.9,"averageWeeksToLargestMove":6.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-5.4,"medianReturn":-2.1,"confidenceLow":0.0,"confidenceHigh":56.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-5.3,"medianReturn":-5.3,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.2,"sample":3},{"week":2,"averageReturn":-0.2,"sample":3},{"week":3,"averageReturn":0.0,"sample":3},{"week":4,"averageReturn":-5.4,"sample":3},{"week":5,"averageReturn":-7.1,"sample":2},{"week":6,"averageReturn":-7.1,"sample":2},{"week":7,"averageReturn":-6.8,"sample":2},{"week":8,"averageReturn":-6.2,"sample":2},{"week":9,"averageReturn":-5.6,"sample":2},{"week":10,"averageReturn":-5.9,"sample":2},{"week":11,"averageReturn":-5.7,"sample":2},{"week":12,"averageReturn":-5.3,"sample":2},{"week":13,"averageReturn":-4.8,"sample":2},{"week":14,"averageReturn":-5.6,"sample":2},{"week":15,"averageReturn":-5.6,"sample":2},{"week":16,"averageReturn":-5.6,"sample":2},{"week":17,"averageReturn":-6.2,"sample":2},{"week":18,"averageReturn":-12.9,"sample":1},{"week":19,"averageReturn":-12.9,"sample":1},{"week":20,"averageReturn":-12.9,"sample":1},{"week":21,"averageReturn":-14.0,"sample":1},{"week":22,"sample":0},{"week":23,"sample":0},{"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":16.0,"averageExpectedMove":16.0,"averageWeeksToLargestMove":10.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-2.0,"medianReturn":-2.0,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-15.7,"medianReturn":-15.7,"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":-0.8,"sample":1},{"week":2,"averageReturn":-1.4,"sample":1},{"week":3,"averageReturn":-1.9,"sample":1},{"week":4,"averageReturn":-2.0,"sample":1},{"week":5,"averageReturn":-1.4,"sample":1},{"week":6,"averageReturn":-1.3,"sample":1},{"week":7,"averageReturn":-0.8,"sample":1},{"week":8,"averageReturn":-15.5,"sample":1},{"week":9,"averageReturn":-15.8,"sample":1},{"week":10,"averageReturn":-16.0,"sample":1},{"week":11,"averageReturn":-15.8,"sample":1},{"week":12,"averageReturn":-15.7,"sample":1},{"week":13,"averageReturn":-15.6,"sample":1},{"week":14,"averageReturn":-15.4,"sample":1},{"week":15,"averageReturn":-15.1,"sample":1},{"week":16,"averageReturn":-14.3,"sample":1},{"week":17,"averageReturn":-13.3,"sample":1},{"week":18,"averageReturn":-13.9,"sample":1},{"week":19,"averageReturn":-13.9,"sample":1},{"week":20,"averageReturn":-13.9,"sample":1},{"week":21,"averageReturn":-13.9,"sample":1},{"week":22,"averageReturn":-14.7,"sample":1},{"week":23,"averageReturn":-14.7,"sample":1},{"week":24,"averageReturn":-14.7,"sample":1},{"week":25,"averageReturn":-15.8,"sample":1},{"week":26,"sample":0}]},"currentApplication":{"status":"Evidence developing","tone":"neutral","headline":"Market Dynamics is negative while price remains rotational","use":"Treat the pressure as context until price establishes a clear response.","confirm":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"steady","zone":"accumulation","zoneContext":"Across the displayed history, price has moved from the upper positioning area into the lower accumulation zone. Market Dynamics history is not yet sufficient to classify the move.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","sample":0},"nowContext":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeekContext":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"priceContext":{"label":"Price structure is downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"The current relationship is visible, but this ticker does not yet have a completed comparable outcome.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 8.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-02-27","price":10.03127}],"reversal_dangers":[{"date":"2026-03-06","price":9.94793}]}},"smTape":{"available":true,"dates":["2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[10.0313,9.9479,9.8939,9.839,9.8285,9.8876,9.8967,9.9484,8.474,8.446,8.429,8.445,8.458,8.463,8.485,8.516,8.6,8.699,8.635,8.633,8.632,8.632,8.557,8.557,8.557,8.449],"consensus":[100.0,-100.0,-100.0,85.6283,-61.1563,0.0,-11.128,34.9899,-64.0978,-68.7601,-60.3229,-42.4322,-37.2045,-37.9813,-28.0035,-33.1341,11.3505,22.307,-23.6996,-24.5885,-15.6367,-22.1246,-56.6727,-25.9918,-25.0879,-71.6681],"supportDates":["2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,null,null,null,null,0.0,-14.1303,32.406,-51.9617,-65.2888,-58.6248,-27.3204,-38.5875,-46.372,-33.5819,-55.1632,1.1705,11.5343,-39.2563,-50.643,-27.3948,-26.0524,-70.9043,-30.1469,-29.1655,-80.274],"force":[100.0,-100.0,-100.0,85.6283,-33.0639,0.0,-0.7038,56.373,-44.8079,-43.5016,-21.897,-2.6428,-0.2641,-0.1313,-7.0992,-13.7289,73.9477,79.1822,-17.04,-4.7876,-2.6561,-5.9708,-62.2857,-6.9917,-7.2746,-93.4487],"direction":[null,null,null,null,-81.2223,0.0,-15.1429,22.6692,-91.7462,-90.7691,-89.7107,-88.1238,-62.3871,-55.4277,-46.7014,-41.4316,21.7274,6.0066,-10.6774,-8.9555,-15.2651,-29.1741,-36.3987,-34.8145,-33.1517,-46.2753],"intensity":[null,null,null,null,75.0,40.0,16.6667,28.5714,100.0,22.2222,10.0,9.0909,33.3333,7.6923,42.8571,66.6667,81.25,82.3529,66.6667,5.2632,10.0,4.7619,72.7273,73.913,8.3333,88.0],"confirmation":[54.6667,54.6667,54.6667,50.0677,63.6191,31.3141,48.5309,79.8878,88.1084,89.2863,86.1581,57.9293,56.1321,56.206,54.6541,34.4345,10.3302,55.6505,75.1439,52.2012,50.167,51.861,86.0895,53.0083,52.7565,55.0],"persistence":[null,null,33.3333,0.0,20.0,16.6667,28.5714,12.5,37.5,37.5,37.5,62.5,62.5,75.0,75.0,100.0,75.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,75.0,100.0],"assessmentRisk":[null,null,null,null,19.4218,43.8222,8.5594,31.1456,17.5728,15.4275,19.7117,28.7025,16.6379,21.1534,21.0515,25.4336,11.3945,15.2308,29.7683,26.5237,11.8247,35.2299,18.3464,33.5214,33.8151,14.0331],"volumeParticipation":true,"latest":{"consensus":-71.7,"control":-80.3,"force":-93.4,"direction":-46.3,"confirmation":55.0,"persistence":100.0,"assessmentRisk":14.0,"intensity":88.0,"evidenceDepth":100},"analysis":{"status":"Price structure has the available support","headline":"The gauges support the price-technical view","summary":"Market Dynamics does not provide a directional confirmation. The completed evidence supports the downward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-71.7","detail":"Price structure has the available support","tone":"negative"},{"label":"SM Control Gauge","value":"-80.3","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-93.4","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-46.3","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"16.0","detail":"Stretched negative","tone":"negative"},{"label":"Risk pressure","value":"1.1%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"1%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned downward.","series":[{"label":"Close","values":[10.0313,9.9479,9.8939,9.839,9.8285,9.8876,9.8967,9.9484,8.474,8.446,8.429,8.445,8.458,8.463,8.485,8.516,8.6,8.699,8.635,8.633,8.632,8.632,8.557,8.557,8.557,8.449],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,9.9408,9.9311,9.9249,9.9291,9.6646,9.443,9.2586,9.1107,8.992,8.8958,8.8211,8.7657,8.7355,8.7289,8.7118,8.6975,8.6856,8.6758,8.6542,8.6366,8.6221,8.5906],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,9.4869,9.4111,9.3425,9.2812,9.2308,9.1914,9.1502,9.1119,9.0763,9.0434,9.0074,8.974,8.9431,8.9065],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,10.7839,10.8155,10.8032,10.7709,10.7297,10.6833,10.6345,10.5837,10.5336,10.4877,10.4445,10.3141,10.1832,10.0461,9.9016,9.7369,9.5218],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,8.4547,8.2067,8.0414,7.9253,7.84,7.7798,7.7391,7.7209,7.7207,7.7147,7.7111,7.7016,7.7009,7.7043,7.7207,7.7582,7.8295],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"range","eyebrow":"Acceptance 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,94.1238,1.8282,0.063,0.1247,1.122,1.9323,2.244,3.6154,5.5477,10.7837,16.9548,12.9654,12.8407,12.7784,12.7784,8.1034,8.1034,8.1034,1.3713],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-0.8261,-15.5242,-15.8033,-15.9728,-15.8133,-15.6837,-15.6338,-15.4145,-15.1055,-14.2681,-13.2812,-13.9192,-13.9391,-13.9491,-13.9491,-14.6967,-14.6967,-14.6967,-15.7734],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,15.3973,0.3434,0.0118,0.0237,0.2136,0.3679,0.4272,0.6883,1.0561,2.0529,3.2277,2.4683,2.4445,2.4327,2.4327,1.5427,1.5427,1.5427,0.2611],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"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,1.8423,1.7248,1.6444,1.5818,1.5334,1.4873,1.3831,1.2853,1.1935,1.1805,1.0962,1.0179,1.0503],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,24.2137,27.4283,29.3114,30.4399,31.1223,31.4522,31.5173,31.2792,30.8196,30.4682,30.1109,29.0021,27.7596,26.386,24.7515,22.6199,19.5065],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,-0.392,-0.4134,-0.4237,-0.4244,-0.4135,-0.3923,-0.3763,-0.3597,-0.3426,-0.3253,-0.3141,-0.3017,-0.2886,-0.2836],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.4077,-0.4046,-0.399,-0.3911,-0.3814,-0.3702,-0.359,-0.3475,-0.3357,-0.3253],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.0057,0.0124,0.0227,0.0314,0.0388,0.0448,0.0449,0.0458,0.0472,0.0417],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,0.0,679.0458,200.7251,551.8365,109.278,407.1696,425.9249,0.0,127.4644,230.9891,113.3297,58.3463,59.7159,0.0,0.0,58.267,0.0,0.0,114.4573],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,65.0,65.0,65.0,65.0,68.5066,86.0673,110.5833,110.5833,117.5587,131.3266,135.0,131.8557,128.7045,128.7045,128.7045,125.5375,125.5375,125.5375,119.1293],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"momentum","eyebrow":"Momentum pressure","title":"Directional pressure and rotation","description":"Two independent momentum views show whether pressure is broadening, fading or stretched.","reason":"Selected because momentum is stretched and deserves mean-reversion context.","series":[{"label":"Momentum","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,7.3429,9.2476,14.3834,20.1209,19.224,19.1952,19.1798,19.1798,17.9234,17.9234,17.9234,16.0343],"stroke":"#063b66","width":2.0},{"label":"Rotation","values":[null,null,null,null,null,null,90.4579,94.1238,1.8282,0.063,0.1247,1.122,1.9323,2.244,3.7096,5.7852,11.3711,17.8783,13.6716,13.5402,13.4744,75.3676,47.7941,47.7941,47.4074,1.5748],"stroke":"#1678a7","width":1.5},{"label":"Rotation signal","values":[null,null,null,null,null,null,null,92.2908,62.1366,32.005,0.672,0.4366,1.0597,1.7661,2.6287,3.913,6.9553,11.6782,14.307,15.03,13.5621,34.1274,45.5454,56.9853,47.6652,32.2588],"stroke":"#b87806","width":1.4}],"guides":[{"label":"Upper zone","values":[70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0],"stroke":"#c13f3f","width":1.0,"dash":[6,5]},{"label":"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]},{"label":"Lower zone","values":[30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0],"stroke":"#07865c","width":1.0,"dash":[6,5]}],"dates":["2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/b75bb1ff-cc74-43a6-a750-4f0c033f0aab/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/b75bb1ff-cc74-43a6-a750-4f0c033f0aab/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/b75bb1ff-cc74-43a6-a750-4f0c033f0aab/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/b75bb1ff-cc74-43a6-a750-4f0c033f0aab/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/b75bb1ff-cc74-43a6-a750-4f0c033f0aab/technical-pack/data.json"},"source_fingerprint":"995f6c48d7032a337bcc56833c15ce79825710e0cab01d626cde5359caca60b9","content_hash":"97542fa565cbcd18ea57fd16c8c379a5ece910bd29dffe3bfe4d77e8a19f7874","citation":"Sharemaestro, TRA5 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/b75bb1ff-cc74-43a6-a750-4f0c033f0aab/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."}