{"schema_version":"1.0","name":"OPAL Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"c812e156-be66-4e9c-9b72-0a0bc7f69556","symbol":"OPAL","name":"OPAL Fuels Inc","exchange":"NASDAQ","country":"US","asset_type":"equity","currency":"USD","sector":"Utilities","industry":"Utilities - Regulated Gas"},"summary":"Market Dynamics eased this week but remains positive. The broader path remains constructive, so one softer week does not by itself establish weakening confirmation. Price has not yet responded to the same extent.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Strength versus the research benchmark, Drawdown and recovery pressure, Activity pressure and cumulative balance, Acceleration, deceleration and rollover, Range pressure and compression."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":213,"displayedObservations":104,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics eased this week but remains positive. The broader path remains constructive, so one softer week does not by itself establish weakening confirmation. Price has not yet responded to the same extent.","evidenceAlignment":{"status":"Underlying strength ahead of price","headline":"Market Dynamics is improving before price has fully responded","summary":"Market Dynamics eased this week but remains positive. The broader path remains constructive, so one softer week does not by itself establish weakening confirmation. Price has not yet responded to the same extent.","take":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[-0.644744,-0.863253,-1.0538,-0.969621,-0.852889,-0.593789,-0.290853,0.061349,0.222204,0.440853,0.579405,0.528303,0.545168,0.501477,0.651036,0.695092,0.609812,0.442,0.197282,0.037399,-0.146733,-0.321265,-0.475248,-0.703476,-0.715626,-0.602084,-0.682028,-0.724918,-0.886533,-1.050913,-1.129176,-1.133122,-1.155346,-1.255618,-1.30239,-1.31377,-1.161467,-0.676224,-0.16012,0.367147,0.844984,0.973339,1.038921,0.963271,0.897396,0.823323,0.726842,0.625193,0.488341,0.300251,0.11495,-0.083412,-0.324512,-0.428568,-0.539388,-0.64006,-0.640766,-0.452606,-0.198317,0.081653,0.333194,0.41242,0.436582,0.374784,0.363262,0.252281,0.226414,0.351887,0.423397,0.346378,0.552912,0.542331,0.604998,0.792471,0.658503,0.562379,0.379438,0.188809,-0.225283,-0.488361,-0.81294,-1.04859,-0.949512,-0.812326,-0.638084,-0.327457,-0.085774,-0.093888,-0.142067,-0.139481,-0.329895,-0.20243,0.022185,0.019444,-0.050669,-0.327095,-0.379054,-0.40212,-0.352385,0.064812,0.057629,0.222718,0.545421,0.451684],"opens":[3.64,3.8,3.51,3.2,3.48,3.64,3.51,3.5,4.02,3.83,3.85,3.63,3.9,3.66,3.71,3.88,3.67,3.43,3.03,3.31,3.41,3.35,3.28,3.08,2.99,3.04,3.13,2.98,2.54,2.32,1.93,1.97,1.91,1.39,1.36,1.4,1.76,1.84,2.35,2.46,2.8,3.55,3.2,3.11,3.1,2.55,2.67,2.52,2.51,2.51,2.26,2.2,2.35,2.31,2.33,2.27,2.12,2.17,2.56,2.3,2.46,2.57,2.71,2.4,2.15,2.36,2.25,2.39,2.63,2.6,2.1,2.67,2.39,2.53,2.58,2.66,2.32,2.44,2.26,2.07,2.09,2.09,2.28,2.19,2.28,2.42,2.43,2.58,2.36,2.19,2.2,1.92,2.18,2.25,2.11,2.0,1.89,2.12,2.1,2.08,2.53,2.23,2.34,2.09],"highs":[3.9,3.85,3.6,3.485,3.84,3.74,3.66,4.11,4.06,3.985,4.0,4.08,3.9116,3.76,3.95,3.9,3.69,3.4666,3.41,3.54,3.49,3.35,3.34,3.12,3.115,3.19,3.13,3.07,2.6989,2.395,2.16,2.04,1.94,1.49,1.42,1.75,1.85,2.54,2.49,2.9499,4.08,3.7,3.38,3.4,3.18,2.7099,2.7,2.58,2.65,2.55,2.5,2.45,2.39,2.46,2.35,2.28,2.2,2.64,2.58,2.53,2.821,2.76,2.73,2.45,2.39,2.48,2.42,2.65,2.735,2.6001,2.73,2.87,2.555,2.71,2.78,2.67,2.42,2.54,2.27,2.23,2.26,2.197,2.85,2.3251,2.52,2.54,2.5798,2.69,2.37,2.355,2.34,2.235,2.29,2.38,2.19,2.02,2.235,2.39,2.235,2.5399,2.59,2.385,2.465,2.79],"lows":[3.63,3.54,3.2,3.04,3.448,3.45,3.46,3.47,3.78,3.71,3.6,3.61,3.65,3.62,3.64,3.6399,3.41,2.96,2.9675,3.24,3.2399,3.13,3.07,2.99,2.9136,2.93,2.91,2.46,2.27,1.89,1.87,1.91,1.2601,1.26,1.26,1.3,1.65,1.8,2.06,2.41,2.8,3.06,3.0,3.101,2.45,2.32,2.5,2.4,2.47,2.23,2.19,2.175,2.225,2.2545,2.19,2.08,2.03,2.12,2.2,2.29,2.3801,2.5117,2.27,1.65,1.97,1.97,2.13,2.26,2.5,2.03,2.0,2.34,2.115,2.485,2.485,2.275,2.08,2.22,2.1,1.99,2.04,2.02,2.0301,2.05,2.22,2.4,2.36,2.335,2.06,2.17,1.87,1.92,2.1,2.075,1.9,1.76,1.75,2.0502,1.98,2.005,2.2,2.06,2.28,2.09],"closes":[3.79,3.59,3.21,3.44,3.58,3.54,3.53,4.04,3.84,3.88,3.61,3.85,3.69,3.68,3.885,3.67,3.45,2.99,3.31,3.35,3.28,3.15,3.08,3.05,2.97,3.1,2.92,2.5,2.35,1.89,1.9,1.92,1.46,1.36,1.39,1.74,1.82,2.2,2.45,2.715,3.55,3.21,3.1,3.15,2.52,2.67,2.51,2.52,2.51,2.26,2.21,2.31,2.29,2.35,2.26,2.12,2.2,2.54,2.28,2.5,2.5,2.7,2.41,2.09,2.38,2.24,2.41,2.63,2.6,2.06,2.69,2.38,2.55,2.65,2.655,2.31,2.41,2.27,2.1,2.09,2.12,2.14,2.06,2.23,2.39,2.44,2.56,2.34,2.2,2.27,1.94,2.16,2.26,2.095,1.93,1.86,2.12,2.11,2.07,2.53,2.21,2.35,2.33,2.15],"pressureRange":[-1.626003,1.626003],"priceRange":[1.36,8.2],"zones":{"accumulationBoundary":0.06,"distributionBoundary":0.94},"latest":0.451684,"state":"Strong positive despite a softer week","context":{"scenario":"dynamicsAhead","latestDirection":"easing","fourWeekDirection":"strengthening","now":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeek":{"label":"Strengthened over four weeks","detail":"The broader path remains constructive, so one softer week does not by itself establish weakening confirmation."},"price":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"diagnosis":{"label":"Underlying strength ahead of price","detail":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","annotations":[{"label":"Current tape relationship","value":"Underlying strength ahead of price","detail":"Market Dynamics eased this week but 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":"23 May 2025","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Leading price","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":185,"relationship":{"sameWeekCorrelation":0.4,"forwardCorrelation":-0.29,"directionalAgreement":47.2,"sample":178,"correlationSample":184,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":4.0,"medianWeeksInZone":4,"averageWeeksToHigher":3.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":24.7,"averageReturn":24.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":72.6,"averageReturn":72.6,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":56.2,"averageReturn":56.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-6.8,"sample":1},{"week":2,"averageReturn":-4.8,"sample":1},{"week":3,"averageReturn":19.2,"sample":1},{"week":4,"averageReturn":24.7,"sample":1},{"week":5,"averageReturn":50.7,"sample":1},{"week":6,"averageReturn":67.8,"sample":1},{"week":7,"averageReturn":86.0,"sample":1},{"week":8,"averageReturn":143.2,"sample":1},{"week":9,"averageReturn":119.9,"sample":1},{"week":10,"averageReturn":112.3,"sample":1},{"week":11,"averageReturn":115.8,"sample":1},{"week":12,"averageReturn":72.6,"sample":1},{"week":13,"averageReturn":82.9,"sample":1},{"week":14,"averageReturn":71.9,"sample":1},{"week":15,"averageReturn":72.6,"sample":1},{"week":16,"averageReturn":71.9,"sample":1},{"week":17,"averageReturn":54.8,"sample":1},{"week":18,"averageReturn":51.4,"sample":1},{"week":19,"averageReturn":58.2,"sample":1},{"week":20,"averageReturn":56.8,"sample":1},{"week":21,"averageReturn":61.0,"sample":1},{"week":22,"averageReturn":54.8,"sample":1},{"week":23,"averageReturn":45.2,"sample":1},{"week":24,"averageReturn":50.7,"sample":1},{"week":25,"averageReturn":74.0,"sample":1},{"week":26,"averageReturn":56.2,"sample":1}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.5,"medianWeeksInZone":1.5,"averageWeeksToLower":1.5,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-22.4,"averageReturn":-22.4,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-31.0,"averageReturn":-31.0,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-38.4,"averageReturn":-38.4,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-7.7,"sample":2},{"week":2,"averageReturn":-15.0,"sample":2},{"week":3,"averageReturn":-12.9,"sample":2},{"week":4,"averageReturn":-22.4,"sample":2},{"week":5,"averageReturn":-22.2,"sample":2},{"week":6,"averageReturn":-24.4,"sample":2},{"week":7,"averageReturn":-27.6,"sample":2},{"week":8,"averageReturn":-25.2,"sample":2},{"week":9,"averageReturn":-26.9,"sample":2},{"week":10,"averageReturn":-30.4,"sample":2},{"week":11,"averageReturn":-29.9,"sample":2},{"week":12,"averageReturn":-31.0,"sample":2},{"week":13,"averageReturn":-34.1,"sample":2},{"week":14,"averageReturn":-34.1,"sample":2},{"week":15,"averageReturn":-34.9,"sample":2},{"week":16,"averageReturn":-39.0,"sample":2},{"week":17,"averageReturn":-39.2,"sample":2},{"week":18,"averageReturn":-37.0,"sample":2},{"week":19,"averageReturn":-39.9,"sample":2},{"week":20,"averageReturn":-40.1,"sample":2},{"week":21,"averageReturn":-38.0,"sample":2},{"week":22,"averageReturn":-38.3,"sample":2},{"week":23,"averageReturn":-38.5,"sample":2},{"week":24,"averageReturn":-37.8,"sample":2},{"week":25,"averageReturn":-38.0,"sample":2},{"week":26,"averageReturn":-38.4,"sample":2}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":17,"completedEpisodes":15,"activeEpisodes":2,"medianExpectedMove":6.0,"averageExpectedMove":8.0,"averageWeeksToLargestMove":3.7,"horizons":[{"weeks":4,"sample":17,"expectedCount":3,"expectedPercent":17.6,"averageReturn":-6.1,"medianReturn":-6.4,"confidenceLow":6.2,"confidenceHigh":41.0,"confidence":"Historically adverse"},{"weeks":12,"sample":15,"expectedCount":1,"expectedPercent":6.7,"averageReturn":-12.5,"medianReturn":-14.9,"confidenceLow":1.2,"confidenceHigh":29.8,"confidence":"Historically adverse"},{"weeks":26,"sample":15,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-19.8,"medianReturn":-17.5,"confidenceLow":0.0,"confidenceHigh":20.4,"confidence":"Historically adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.6,"sample":17},{"week":2,"averageReturn":-2.3,"sample":17},{"week":3,"averageReturn":-5.3,"sample":17},{"week":4,"averageReturn":-6.1,"sample":17},{"week":5,"averageReturn":-8.7,"sample":16},{"week":6,"averageReturn":-8.6,"sample":16},{"week":7,"averageReturn":-7.5,"sample":16},{"week":8,"averageReturn":-7.1,"sample":16},{"week":9,"averageReturn":-9.4,"sample":16},{"week":10,"averageReturn":-11.4,"sample":16},{"week":11,"averageReturn":-9.9,"sample":16},{"week":12,"averageReturn":-12.5,"sample":15},{"week":13,"averageReturn":-14.5,"sample":15},{"week":14,"averageReturn":-14.0,"sample":15},{"week":15,"averageReturn":-15.5,"sample":15},{"week":16,"averageReturn":-16.7,"sample":15},{"week":17,"averageReturn":-17.3,"sample":15},{"week":18,"averageReturn":-19.2,"sample":15},{"week":19,"averageReturn":-20.2,"sample":15},{"week":20,"averageReturn":-21.6,"sample":15},{"week":21,"averageReturn":-21.0,"sample":15},{"week":22,"averageReturn":-20.5,"sample":15},{"week":23,"averageReturn":-20.7,"sample":15},{"week":24,"averageReturn":-22.4,"sample":15},{"week":25,"averageReturn":-20.4,"sample":15},{"week":26,"averageReturn":-19.8,"sample":15}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":12,"completedEpisodes":11,"activeEpisodes":1,"medianExpectedMove":9.5,"averageExpectedMove":18.3,"averageWeeksToLargestMove":9.6,"horizons":[{"weeks":4,"sample":12,"expectedCount":7,"expectedPercent":58.3,"averageReturn":1.8,"medianReturn":-0.5,"confidenceLow":32.0,"confidenceHigh":80.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":11,"expectedCount":7,"expectedPercent":63.6,"averageReturn":-10.2,"medianReturn":-7.6,"confidenceLow":35.4,"confidenceHigh":84.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":9,"expectedCount":7,"expectedPercent":77.8,"averageReturn":-14.2,"medianReturn":-19.1,"confidenceLow":45.3,"confidenceHigh":93.7,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.0,"sample":12},{"week":2,"averageReturn":2.0,"sample":12},{"week":3,"averageReturn":1.9,"sample":12},{"week":4,"averageReturn":1.8,"sample":12},{"week":5,"averageReturn":3.1,"sample":12},{"week":6,"averageReturn":1.9,"sample":12},{"week":7,"averageReturn":-2.4,"sample":12},{"week":8,"averageReturn":-1.3,"sample":12},{"week":9,"averageReturn":-4.0,"sample":12},{"week":10,"averageReturn":-7.1,"sample":11},{"week":11,"averageReturn":-4.1,"sample":11},{"week":12,"averageReturn":-10.2,"sample":11},{"week":13,"averageReturn":-7.3,"sample":11},{"week":14,"averageReturn":-10.6,"sample":11},{"week":15,"averageReturn":-6.3,"sample":11},{"week":16,"averageReturn":-7.4,"sample":10},{"week":17,"averageReturn":-4.7,"sample":10},{"week":18,"averageReturn":-2.2,"sample":10},{"week":19,"averageReturn":1.1,"sample":10},{"week":20,"averageReturn":-1.2,"sample":10},{"week":21,"averageReturn":0.8,"sample":10},{"week":22,"averageReturn":-5.0,"sample":10},{"week":23,"averageReturn":-5.9,"sample":10},{"week":24,"averageReturn":-11.9,"sample":10},{"week":25,"averageReturn":-13.7,"sample":10},{"week":26,"averageReturn":-14.2,"sample":9}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":11,"completedEpisodes":10,"activeEpisodes":1,"medianExpectedMove":13.2,"averageExpectedMove":16.1,"averageWeeksToLargestMove":9.3,"horizons":[{"weeks":4,"sample":11,"expectedCount":3,"expectedPercent":27.3,"averageReturn":11.5,"medianReturn":4.9,"confidenceLow":9.7,"confidenceHigh":56.6,"confidence":"Mixed historical record"},{"weeks":12,"sample":10,"expectedCount":6,"expectedPercent":60.0,"averageReturn":-7.1,"medianReturn":-5.5,"confidenceLow":31.3,"confidenceHigh":83.2,"confidence":"Mixed historical record"},{"weeks":26,"sample":9,"expectedCount":8,"expectedPercent":88.9,"averageReturn":-18.7,"medianReturn":-20.0,"confidenceLow":56.5,"confidenceHigh":98.0,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.8,"sample":11},{"week":2,"averageReturn":5.7,"sample":11},{"week":3,"averageReturn":5.5,"sample":11},{"week":4,"averageReturn":11.5,"sample":11},{"week":5,"averageReturn":6.6,"sample":11},{"week":6,"averageReturn":4.9,"sample":11},{"week":7,"averageReturn":5.5,"sample":10},{"week":8,"averageReturn":0.6,"sample":10},{"week":9,"averageReturn":0.9,"sample":10},{"week":10,"averageReturn":-1.6,"sample":10},{"week":11,"averageReturn":-4.4,"sample":10},{"week":12,"averageReturn":-7.1,"sample":10},{"week":13,"averageReturn":-4.2,"sample":10},{"week":14,"averageReturn":-4.0,"sample":10},{"week":15,"averageReturn":-3.2,"sample":10},{"week":16,"averageReturn":-3.6,"sample":10},{"week":17,"averageReturn":-1.8,"sample":10},{"week":18,"averageReturn":-6.4,"sample":10},{"week":19,"averageReturn":-3.7,"sample":10},{"week":20,"averageReturn":-7.2,"sample":10},{"week":21,"averageReturn":-7.3,"sample":9},{"week":22,"averageReturn":-10.8,"sample":9},{"week":23,"averageReturn":-14.3,"sample":9},{"week":24,"averageReturn":-16.0,"sample":9},{"week":25,"averageReturn":-16.3,"sample":9},{"week":26,"averageReturn":-18.7,"sample":9}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":17,"completedEpisodes":15,"activeEpisodes":2,"medianExpectedMove":6.3,"averageExpectedMove":12.1,"averageWeeksToLargestMove":4.5,"horizons":[{"weeks":4,"sample":16,"expectedCount":7,"expectedPercent":43.8,"averageReturn":1.6,"medianReturn":-0.9,"confidenceLow":23.1,"confidenceHigh":66.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":15,"expectedCount":4,"expectedPercent":26.7,"averageReturn":-7.7,"medianReturn":-12.0,"confidenceLow":10.9,"confidenceHigh":52.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":15,"expectedCount":4,"expectedPercent":26.7,"averageReturn":-13.2,"medianReturn":-12.5,"confidenceLow":10.9,"confidenceHigh":52.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.1,"sample":16},{"week":2,"averageReturn":-0.4,"sample":16},{"week":3,"averageReturn":0.3,"sample":16},{"week":4,"averageReturn":1.6,"sample":16},{"week":5,"averageReturn":-0.3,"sample":16},{"week":6,"averageReturn":-3.3,"sample":16},{"week":7,"averageReturn":-0.9,"sample":16},{"week":8,"averageReturn":-4.8,"sample":16},{"week":9,"averageReturn":-4.6,"sample":16},{"week":10,"averageReturn":-5.3,"sample":16},{"week":11,"averageReturn":-7.7,"sample":15},{"week":12,"averageReturn":-7.7,"sample":15},{"week":13,"averageReturn":-8.0,"sample":15},{"week":14,"averageReturn":-11.5,"sample":15},{"week":15,"averageReturn":-9.6,"sample":15},{"week":16,"averageReturn":-11.2,"sample":15},{"week":17,"averageReturn":-12.6,"sample":15},{"week":18,"averageReturn":-14.7,"sample":15},{"week":19,"averageReturn":-17.3,"sample":15},{"week":20,"averageReturn":-14.4,"sample":15},{"week":21,"averageReturn":-15.4,"sample":15},{"week":22,"averageReturn":-14.9,"sample":15},{"week":23,"averageReturn":-12.3,"sample":15},{"week":24,"averageReturn":-14.7,"sample":15},{"week":25,"averageReturn":-14.9,"sample":15},{"week":26,"averageReturn":-13.2,"sample":15}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","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}]},"currentApplication":{"status":"Underlying strength ahead of price","tone":"caution","headline":"Underlying strength is leading price","use":"A positive price response is needed before the early upside case is confirmed.","confirm":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"weakening","zone":"middle","zoneContext":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":26.7,"averageReturn":-7.7,"sample":15},"nowContext":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"The broader path remains constructive, so one softer week does not by itself establish weakening confirmation."},"priceContext":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 26.7% of comparable cases moved higher after 12 weeks, with an average move of -7.7% across 15 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use distribution to protect capital before considering the short case","tone":"negative","finding":"After distribution, 100.0% of completed 12-week outcomes were lower across 2 cases. Distinct visits lasted 1.5 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 12.1% across 15 completed cases, with the largest move arriving after 4.5 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":2.715}],"distribution_rollovers":[],"price_pressure_gaps":[]}},"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":[3.79,3.59,3.21,3.44,3.58,3.54,3.53,4.04,3.84,3.88,3.61,3.85,3.69,3.68,3.885,3.67,3.45,2.99,3.31,3.35,3.28,3.15,3.08,3.05,2.97,3.1,2.92,2.5,2.35,1.89,1.9,1.92,1.46,1.36,1.39,1.74,1.82,2.2,2.45,2.715,3.55,3.21,3.1,3.15,2.52,2.67,2.51,2.52,2.51,2.26,2.21,2.31,2.29,2.35,2.26,2.12,2.2,2.54,2.28,2.5,2.5,2.7,2.41,2.09,2.38,2.24,2.41,2.63,2.6,2.06,2.69,2.38,2.55,2.65,2.655,2.31,2.41,2.27,2.1,2.09,2.12,2.14,2.06,2.23,2.39,2.44,2.56,2.34,2.2,2.27,1.94,2.16,2.26,2.095,1.93,1.86,2.12,2.11,2.07,2.53,2.21,2.35,2.33,2.15],"consensus":[0.0,-48.8855,-65.2538,0.0,0.0,-22.3374,-8.1459,55.2601,0.0,19.3596,-29.1533,16.9428,-25.6043,-9.9381,35.8043,-33.3013,-42.8457,-71.6258,0.0,-15.9403,-31.0456,-33.8438,-42.3368,-30.0519,-39.5956,0.0,-48.9212,-71.6779,-58.9751,-81.5824,-48.8833,-47.4069,-74.3644,-48.1486,-29.8277,0.0,0.0,44.1889,49.3118,58.6503,73.5651,9.4865,21.0677,27.2113,-47.3682,11.6436,-31.7337,-9.2945,-10.463,-45.8314,-32.7911,0.0,-20.006,0.0,-17.2978,-38.5401,0.0,46.6617,-33.6174,45.942,11.8393,41.5589,-21.9772,-45.8023,25.4605,-25.6713,22.4585,43.978,12.1001,-55.426,54.2797,-36.7062,26.035,30.829,12.0912,-39.0196,8.313,-32.7583,-46.5019,-22.4937,-19.2933,-8.5352,-28.4138,14.5147,27.6845,15.8292,40.7447,-19.2347,-24.5716,0.0,-57.7189,14.0095,17.453,-36.455,-37.641,-35.9986,22.9961,0.0,0.0,61.9302,-23.9819,32.618,9.0131,-25.4151],"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":[-19.551,0.0,-23.1114,-43.3348,0.0,41.5718,-33.7219,38.9694,4.042,43.736,-28.7269,-34.922,29.7804,-17.8807,28.1949,42.0808,7.6012,-54.8927,49.6512,-30.8839,29.3044,28.6815,15.6383,-42.6684,15.8456,-32.1048,-52.1851,-21.0041,-16.2358,-3.8253,-26.8021,12.9744,23.1956,8.8821,42.0179,-29.4146,-23.9878,0.0,-50.5187,19.5069,20.4366,-35.4044,-45.9308,-34.5315,25.373,0.0,0.0,57.9356,-32.4592,31.8633,0.7071,-18.0706],"force":[-13.0614,0.0,-15.364,-37.3705,0.0,82.6162,-71.8215,79.5377,3.7403,46.818,-52.4699,-73.8733,62.2624,-36.3903,38.8168,55.6287,2.2763,-88.7795,91.0553,-79.6634,45.9109,29.1073,4.0192,-66.2631,22.6432,-39.1118,-43.4983,-8.4992,-4.5744,-5.5165,-41.1684,32.3454,41.3287,9.5562,39.1307,-42.0078,-31.1621,0.0,-85.6824,51.502,30.3694,-56.0634,-41.6672,-29.8738,66.8335,0.0,0.0,86.9938,-57.3171,40.2028,1.9356,-44.4973],"direction":[-25.4864,0.0,-12.035,-33.8957,0.0,26.7969,-6.2094,29.9136,26.5355,35.3142,-7.5172,-38.1862,5.7638,-26.9183,4.2182,37.8242,27.5105,-32.2115,33.301,-12.6763,8.1015,34.513,13.803,-15.3898,10.5316,-28.9668,-42.1524,-34.1922,-33.3012,-23.9548,-21.1452,3.5387,23.0689,28.2495,40.4425,-8.6661,-20.5312,0.0,-45.9737,19.0535,4.8173,-23.6497,-25.2909,-42.05,11.0327,0.0,0.0,48.5928,-9.5173,28.0628,26.3264,-20.1787],"intensity":[3.8462,7.6923,26.9231,34.6154,21.1538,78.8462,59.6154,50.0,67.3077,42.3077,65.3846,92.3077,67.3077,32.6923,36.5385,50.0,51.9231,90.3846,92.3077,67.3077,61.5385,71.1538,7.6923,65.3846,48.0769,28.8462,51.9231,21.1538,3.8462,7.6923,96.1538,84.6154,38.4615,36.5385,26.9231,46.1538,67.3077,23.0769,73.0769,50.0,42.3077,36.5385,46.1538,38.4615,65.3846,75.0,34.6154,90.3846,76.9231,48.0769,48.0769,78.8462],"confirmation":[74.1972,24.7403,73.3878,80.2241,29.1787,84.1051,57.2536,83.8315,26.3272,81.4259,54.7962,83.678,55.766,76.6602,52.9312,82.4569,26.6547,86.7609,86.5608,81.1439,76.8871,77.8455,48.9025,81.2609,27.8955,78.6862,82.7025,74.7942,51.1052,26.2183,77.5057,50.5449,77.3433,72.98,80.9697,31.2094,76.0726,2.9073,87.432,32.2733,51.2665,80.2792,80.0415,79.3552,33.6788,47.6693,47.7285,88.6424,33.258,78.6804,25.7567,44.64],"persistence":[62.5,75.0,75.0,75.0,62.5,37.5,37.5,25.0,0.0,12.5,12.5,12.5,25.0,0.0,25.0,25.0,25.0,0.0,25.0,25.0,25.0,50.0,50.0,25.0,25.0,25.0,0.0,0.0,25.0,50.0,75.0,50.0,50.0,25.0,0.0,0.0,0.0,12.5,12.5,12.5,12.5,12.5,37.5,37.5,12.5,12.5,0.0,0.0,25.0,0.0,25.0,25.0],"assessmentRisk":[19.7913,20.3922,21.4055,18.5608,23.746,19.7771,23.2444,26.0968,41.6305,15.8311,42.3526,25.5622,38.4304,35.8055,11.2293,27.2052,32.0384,1.6328,9.0918,15.1061,21.101,32.473,11.7998,8.3064,26.2912,27.0237,24.6758,21.2981,29.5336,17.7229,5.7736,27.9322,33.7161,40.7656,29.5472,40.6834,33.0955,43.9079,21.1187,48.1748,9.5903,21.3083,15.8564,29.2536,44.4062,7.9127,36.9852,18.8591,31.3216,23.496,36.8876,34.8673],"volumeParticipation":true,"latest":{"consensus":-25.4,"control":-18.1,"force":-44.5,"direction":-20.2,"confirmation":44.6,"persistence":25.0,"assessmentRisk":34.9,"intensity":78.8,"evidenceDepth":100},"analysis":{"status":"Price structure has stronger support","headline":"The gauges support the price-technical view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the downward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-25.4","detail":"Price structure has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-18.1","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-44.5","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-20.2","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"45/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"48.0","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"16.6%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"12.0","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"36%","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":[3.79,3.59,3.21,3.44,3.58,3.54,3.53,4.04,3.84,3.88,3.61,3.85,3.69,3.68,3.885,3.67,3.45,2.99,3.31,3.35,3.28,3.15,3.08,3.05,2.97,3.1,2.92,2.5,2.35,1.89,1.9,1.92,1.46,1.36,1.39,1.74,1.82,2.2,2.45,2.715,3.55,3.21,3.1,3.15,2.52,2.67,2.51,2.52,2.51,2.26,2.21,2.31,2.29,2.35,2.26,2.12,2.2,2.54,2.28,2.5,2.5,2.7,2.41,2.09,2.38,2.24,2.41,2.63,2.6,2.06,2.69,2.38,2.55,2.65,2.655,2.31,2.41,2.27,2.1,2.09,2.12,2.14,2.06,2.23,2.39,2.44,2.56,2.34,2.2,2.27,1.94,2.16,2.26,2.095,1.93,1.86,2.12,2.11,2.07,2.53,2.21,2.35,2.33,2.15],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[3.9869,3.9147,3.7866,3.7236,3.6975,3.6688,3.6436,3.7157,3.7383,3.764,3.736,3.7568,3.7446,3.7329,3.7605,3.7441,3.6906,3.5632,3.5172,3.4868,3.4492,3.3948,3.3376,3.2853,3.2279,3.2047,3.1529,3.0342,2.9098,2.7244,2.5745,2.4555,2.2745,2.1082,1.9776,1.9344,1.9136,1.9657,2.0538,2.174,2.4242,2.567,2.6639,2.7523,2.7101,2.7028,2.6677,2.6409,2.6171,2.5522,2.4899,2.4572,2.4268,2.4129,2.3851,2.3369,2.312,2.3534,2.3401,2.3692,2.393,2.4488,2.4417,2.3778,2.3782,2.3531,2.3634,2.4119,2.4461,2.3759,2.433,2.4234,2.4464,2.4834,2.5146,2.4774,2.4651,2.4297,2.3697,2.3189,2.2827,2.2568,2.221,2.2226,2.2531,2.287,2.3367,2.3373,2.3123,2.3046,2.2383,2.2241,2.2306,2.206,2.1558,2.102,2.1053,2.1061,2.0996,2.1778,2.1837,2.2139,2.235,2.2196],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[4.4584,4.3941,4.3064,4.2422,4.1931,4.1448,4.0992,4.0948,4.076,4.0614,4.028,4.0148,3.9908,3.9677,3.9616,3.94,3.9037,3.836,3.7971,3.7639,3.7281,3.6853,3.6404,3.5967,3.5503,3.5169,3.4727,3.4007,3.3228,3.2167,3.1192,3.0303,2.914,2.7989,2.6945,2.6238,2.5643,2.5373,2.5308,2.5445,2.619,2.6627,2.6951,2.7288,2.7134,2.7101,2.6953,2.6823,2.6696,2.6392,2.6074,2.5854,2.5635,2.5477,2.5264,2.4963,2.4743,2.4792,2.4645,2.4671,2.4695,2.4866,2.4809,2.452,2.4466,2.4313,2.4297,2.4446,2.4561,2.4268,2.4463,2.4413,2.4494,2.4643,2.4784,2.4659,2.4618,2.4476,2.4218,2.3972,2.3767,2.3592,2.337,2.3291,2.3336,2.3415,2.3577,2.3564,2.3448,2.3392,2.3097,2.2986,2.2957,2.2808,2.2549,2.2256,2.2178,2.2098,2.1994,2.2239,2.2229,2.2323,2.2396,2.2329],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[5.2746,5.2575,5.2818,5.2604,5.1715,5.0266,4.8848,4.7598,4.6002,4.4869,4.374,4.3164,4.278,4.2462,4.1556,4.1074,4.0526,4.0928,4.0993,4.0976,4.0818,4.0915,4.1039,4.123,4.138,4.1376,4.1479,4.1259,4.1366,4.1893,4.2296,4.1899,4.2125,4.2039,4.1067,3.9837,3.875,3.8198,3.7178,3.6217,3.6792,3.6896,3.6928,3.7087,3.6607,3.6033,3.5576,3.5592,3.5699,3.5726,3.5728,3.5756,3.5411,3.4798,3.3997,3.3657,3.3341,3.334,3.3345,3.321,3.1174,3.0091,2.8913,2.7279,2.7154,2.6713,2.6596,2.6804,2.6956,2.7088,2.7548,2.757,2.7744,2.8046,2.8319,2.8202,2.815,2.807,2.8207,2.8248,2.8212,2.781,2.7822,2.7773,2.778,2.7866,2.8026,2.7711,2.7399,2.7322,2.6982,2.6905,2.6583,2.5979,2.5361,2.5456,2.5179,2.5084,2.5084,2.5626,2.5657,2.5811,2.592,2.5892],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[3.4719,3.371,3.1992,3.1006,3.0575,3.0494,3.0492,3.0962,3.1568,3.1991,3.223,3.2406,3.239,3.2358,3.2829,3.2921,3.2849,3.1537,3.1222,3.0949,3.0597,3.006,2.9806,2.9225,2.8465,2.8029,2.7316,2.5996,2.4399,2.1882,1.9769,1.8236,1.578,1.3546,1.2023,1.1323,1.078,1.0542,1.0702,1.1028,1.0723,1.0679,1.0667,1.0608,1.0638,1.0782,1.0829,1.0833,1.0886,1.1229,1.1537,1.1899,1.3074,1.4677,1.6348,1.7068,1.7764,1.8105,1.793,1.785,1.8836,1.9409,1.9897,2.0471,2.0456,2.0467,2.0484,2.0386,2.0324,1.9992,2.0012,2.006,2.0146,2.0144,2.0266,2.0573,2.0835,2.0645,2.0328,1.9877,1.9533,1.9375,1.9013,1.9202,1.9205,1.9319,1.9309,1.9334,1.9246,1.9533,1.9123,1.898,1.9012,1.9061,1.8954,1.8409,1.8396,1.8331,1.8301,1.8199,1.8258,1.8314,1.8475,1.8423],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"relative","eyebrow":"Relative leadership","title":"Strength versus the research benchmark","description":"Relative performance is separated from absolute price direction to reveal leadership and lagging pressure.","reason":"Selected because benchmark-relative leadership is strengthening, fading or diverging from price.","series":[{"label":"Relative strength","values":[-38.2401,-40.0152,-42.0265,-40.1929,-37.1719,-36.8918,-35.7144,-25.6381,-28.1727,-26.2823,-29.152,-27.2794,-26.609,-27.0115,-22.5323,-28.1237,-31.9555,-38.7452,-31.7976,-29.4164,-28.4654,-32.4018,-34.0392,-33.0275,-34.1161,-32.2876,-33.9166,-40.6358,-41.4946,-50.8991,-49.8946,-47.2223,-54.6027,-59.8578,-57.1094,-48.5743,-46.9171,-34.4574,-30.4741,-19.8989,3.9288,-6.8759,-8.5985,-6.2822,-27.1394,-23.1421,-26.5229,-26.2141,-26.141,-30.967,-34.0427,-30.543,-29.5724,-26.67,-29.3806,-34.1167,-32.1765,-20.4806,-28.576,-18.6874,-19.5422,-13.8329,-23.5042,-30.4633,-19.5829,-20.8007,-17.5582,-9.8996,-8.3368,-27.0324,-5.0637,-13.5735,-8.4468,-3.2768,-2.6504,-14.3746,-8.1628,-11.5897,-18.3527,-17.977,-15.2614,-13.4513,-14.8479,-4.6816,-2.0329,-4.6869,-6.1668,-16.0142,-22.0728,-23.3157,-33.6444,-26.2004,-23.586,-24.7007,-31.1128,-34.2026,-20.8289,-21.1316,-23.3389,-1.7959,-12.2706,-6.8924,-11.8639,-19.1097],"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":"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":[-63.7667,-65.6788,-69.3117,-67.1128,-65.7744,-66.1568,-66.2524,-61.3767,-63.2887,-62.9063,-65.4876,-63.1931,-64.7228,-64.8184,-62.8585,-64.914,-67.0172,-71.4149,-68.3556,-67.9732,-68.6424,-69.8853,-70.5545,-70.8413,-71.6061,-70.3633,-72.0841,-76.0994,-77.5335,-81.9312,-81.8356,-81.6444,-86.0421,-86.9981,-86.7113,-83.3652,-82.6004,-78.9675,-76.5774,-74.044,-66.0612,-69.3117,-70.3633,-69.8853,-75.9082,-74.4742,-76.0038,-75.9082,-76.0038,-78.3939,-78.8719,-77.9159,-78.1071,-77.5335,-78.3939,-79.7323,-78.9675,-75.717,-78.2027,-76.0994,-76.0994,-74.1874,-76.9598,-80.0191,-77.2467,-78.5851,-76.9598,-74.8566,-75.1434,-80.3059,-74.283,-77.2467,-75.6214,-74.6654,-74.6176,-77.9159,-76.9598,-78.2983,-79.9235,-80.0191,-79.7323,-79.5411,-80.3059,-78.6807,-77.1511,-76.673,-75.5258,-77.6291,-78.9675,-78.2983,-81.4532,-79.3499,-78.3939,-79.9713,-81.5488,-82.218,-79.7323,-79.8279,-80.2103,-75.8126,-78.8719,-77.5335,-77.7247,-79.4455],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[6.4607,0.8427,0.0,7.1651,11.5265,10.2804,9.9688,25.8567,19.6262,20.8723,12.4611,19.9377,14.9533,14.6417,21.028,14.3302,7.4766,0.0,10.7023,12.0401,9.699,5.3512,3.01,2.0067,0.0,4.3771,0.0,0.0,0.0,0.0,0.5291,1.5873,0.0,0.0,2.2059,27.9412,33.8235,61.7647,80.1471,99.6324,161.0294,136.0294,127.9412,131.6176,85.2941,96.3235,84.5588,85.2941,84.5588,66.1765,62.5,69.8529,68.3824,72.7941,66.1765,55.8824,61.7647,86.7647,67.6471,79.8561,43.6782,48.3516,13.6792,0.0,13.8756,7.177,15.311,25.8373,24.4019,0.0,30.5825,15.534,23.7864,28.6408,28.8835,12.1359,16.9903,10.1942,1.9417,1.4563,2.9126,3.8835,0.0,8.2524,16.0194,18.4466,24.2718,13.5922,6.7961,10.1942,0.0,11.3402,16.4948,7.9897,0.0,0.0,13.9785,13.4409,11.2903,36.0215,18.8172,26.3441,25.2688,15.5914],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[153.8266,70.3911,72.4351,177.9554,165.8748,119.5942,80.2157,97.0374,58.8266,55.0059,56.3986,57.9699,72.4194,42.3454,92.76,109.1264,59.7336,193.2997,121.1654,184.9155,62.9401,71.5393,110.7405,105.3385,148.801,146.8398,71.62,172.0582,143.1453,162.1864,119.0117,288.8171,123.7422,52.2114,39.3739,88.6036,86.171,168.1876,97.8705,251.1057,328.8283,108.687,61.9914,62.1711,340.4475,109.9853,54.4021,59.1463,90.5555,58.1797,55.6127,70.1792,53.6713,62.2828,49.689,47.9252,82.302,175.3306,324.7866,132.6917,142.1759,62.5541,71.0901,116.3001,107.581,102.3606,67.7776,69.3816,85.8919,120.7489,190.2875,201.9398,142.1915,50.8102,57.171,109.6406,69.1832,68.7018,44.1871,100.9982,76.322,78.6107,202.105,75.5089,111.545,52.7853,51.4037,52.4715,58.8088,58.7043,148.2665,129.2381,94.2083,134.5137,80.3244,108.3983,181.9089,223.5418,112.5064,100.0779,78.6865,75.3341,70.8275,108.0419],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[107.3273,105.0837,102.7557,108.8643,114.9254,110.6011,107.5879,115.9657,112.8645,115.7268,112.828,115.799,112.1543,110.0497,114.6624,109.1738,106.1915,96.1474,102.2118,111.7343,108.6126,105.0518,99.4119,94.2343,87.0292,94.2,90.7309,82.1049,74.6142,65.6308,72.4565,91.1559,82.6298,78.9933,81.6964,87.8021,93.8708,105.8639,112.8842,132.09,135.0,129.2618,125.9886,129.2804,108.4127,115.3049,111.8567,115.5677,109.8221,106.176,102.704,106.8476,103.725,107.3987,104.4323,101.5862,106.5355,117.4372,94.1012,103.5367,103.5367,107.7122,102.9127,94.7794,101.5443,95.1322,99.4059,103.8047,98.3727,90.4798,103.8609,88.531,99.9123,103.9896,108.6249,99.3849,105.2469,99.6064,96.4238,89.2644,94.5083,99.9597,84.9085,90.4333,98.6773,102.5104,106.229,102.4494,98.2497,102.3301,92.2706,100.5858,107.6312,97.3727,91.2224,71.5878,95.6516,65.0,65.0,74.8051,67.0657,74.4817,67.9881,65.0],"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":"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":[-0.405,-0.412,-0.4431,-0.444,-0.4285,-0.4147,-0.3999,-0.3431,-0.3107,-0.2785,-0.2717,-0.2441,-0.2324,-0.2215,-0.194,-0.1874,-0.1977,-0.2401,-0.2452,-0.2431,-0.2443,-0.2528,-0.2622,-0.269,-0.2776,-0.2708,-0.2768,-0.3118,-0.3476,-0.4084,-0.4506,-0.477,-0.5289,-0.5715,-0.5959,-0.5804,-0.5552,-0.4989,-0.4291,-0.3484,-0.2146,-0.1344,-0.0789,-0.0304,-0.0424,-0.0393,-0.0493,-0.0557,-0.0609,-0.0842,-0.1055,-0.113,-0.1191,-0.1178,-0.1227,-0.1362,-0.1389,-0.1123,-0.1109,-0.091,-0.0744,-0.0446,-0.0438,-0.0683,-0.0635,-0.0702,-0.0611,-0.0357,-0.0178,-0.0467,-0.0185,-0.0209,-0.0091,0.0083,0.0223,0.0054,0.0001,-0.0152,-0.0406,-0.0608,-0.0736,-0.0811,-0.0925,-0.0868,-0.0686,-0.0496,-0.0245,-0.0221,-0.0312,-0.0324,-0.0592,-0.0621,-0.0556,-0.0631,-0.0813,-0.1003,-0.0933,-0.0876,-0.0852,-0.0458,-0.0398,-0.0236,-0.0121,-0.0174],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[-0.373,-0.3808,-0.3932,-0.4034,-0.4084,-0.4097,-0.4077,-0.3948,-0.378,-0.3581,-0.3408,-0.3215,-0.3037,-0.2872,-0.2686,-0.2523,-0.2414,-0.2412,-0.242,-0.2422,-0.2426,-0.2447,-0.2482,-0.2523,-0.2574,-0.2601,-0.2634,-0.2731,-0.288,-0.3121,-0.3398,-0.3672,-0.3996,-0.4339,-0.4663,-0.4892,-0.5024,-0.5017,-0.4872,-0.4594,-0.4104,-0.3552,-0.3,-0.2461,-0.2053,-0.1721,-0.1476,-0.1292,-0.1155,-0.1092,-0.1085,-0.1094,-0.1113,-0.1126,-0.1146,-0.119,-0.1229,-0.1208,-0.1188,-0.1133,-0.1055,-0.0933,-0.0834,-0.0804,-0.077,-0.0756,-0.0727,-0.0653,-0.0558,-0.054,-0.0469,-0.0417,-0.0352,-0.0265,-0.0167,-0.0123,-0.0098,-0.0109,-0.0168,-0.0256,-0.0352,-0.0444,-0.054,-0.0606,-0.0622,-0.0597,-0.0526,-0.0465,-0.0435,-0.0412,-0.0448,-0.0483,-0.0498,-0.0524,-0.0582,-0.0666,-0.072,-0.0751,-0.0771,-0.0708,-0.0646,-0.0564,-0.0476,-0.0415],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[-0.032,-0.0312,-0.0498,-0.0406,-0.0201,-0.005,0.0078,0.0517,0.0673,0.0796,0.0691,0.0774,0.0712,0.0658,0.0746,0.0649,0.0437,0.001,-0.0032,-0.0009,-0.0017,-0.0082,-0.0141,-0.0167,-0.0202,-0.0107,-0.0134,-0.0387,-0.0596,-0.0964,-0.1108,-0.1097,-0.1293,-0.1375,-0.1296,-0.0912,-0.0529,0.0028,0.0581,0.111,0.1959,0.2208,0.2211,0.2156,0.1629,0.1328,0.0983,0.0735,0.0547,0.0251,0.003,-0.0036,-0.0078,-0.0052,-0.008,-0.0173,-0.016,0.0085,0.0079,0.0223,0.0311,0.0488,0.0396,0.0121,0.0135,0.0054,0.0116,0.0296,0.038,0.0073,0.0284,0.0208,0.0261,0.0348,0.039,0.0177,0.0099,-0.0043,-0.0238,-0.0352,-0.0384,-0.0367,-0.0385,-0.0262,-0.0064,0.0101,0.0281,0.0244,0.0123,0.0089,-0.0144,-0.0138,-0.0058,-0.0106,-0.0231,-0.0337,-0.0214,-0.0125,-0.0081,0.0251,0.0248,0.0329,0.0354,0.0241],"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":"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":[9.7971,10.2209,11.5045,10.8925,10.517,10.4613,10.1463,9.3637,9.6686,9.3917,10.1645,9.7221,9.9255,9.5133,8.9376,9.2916,9.7579,11.6651,10.7396,10.493,10.4961,10.6475,10.7378,10.3734,10.3762,9.8301,10.2288,12.8367,13.9843,18.0544,17.7668,16.8467,23.8985,25.0311,23.5637,19.3266,17.9422,16.1855,14.7494,13.7795,12.5322,14.2937,14.6193,14.0398,18.3654,17.1386,17.498,16.6939,16.0755,17.5898,17.7049,16.5789,16.0438,15.1421,15.1261,15.6471,14.553,13.1669,14.8112,13.2572,13.57,12.3552,14.2165,17.9564,15.9026,17.3159,15.8044,14.5071,14.2719,18.7032,15.2382,17.5835,16.4715,15.3243,14.9965,17.2265,16.34,17.1156,17.7578,17.3885,16.6592,15.9155,18.1956,16.489,15.1828,14.2485,13.2239,14.5174,15.3448,14.3915,17.3672,15.5258,14.3794,15.4438,16.64,17.0314,15.5094,15.6201,15.6646,13.4112,15.5169,14.538,14.1826,16.5977],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[41.2198,43.726,49.112,51.6627,51.3804,48.9642,46.273,42.3515,37.2169,33.5101,30.3019,28.4733,27.6466,27.0072,23.4645,22.0344,20.9267,25.9214,27.0632,27.8794,28.6259,30.5893,31.7102,34.0773,36.9824,38.4624,41.1757,45.3868,51.6001,62.7556,72.5887,78.6984,90.9951,102.5198,109.4125,111.4689,112.9419,113.4834,110.5897,106.6284,109.7331,110.2143,110.3501,111.0319,109.9305,107.8787,106.6576,106.6644,106.5303,104.3434,102.3637,100.1197,92.1383,81.3361,70.1139,65.4105,60.9611,59.2284,60.1274,60.1655,49.343,43.1594,36.9431,28.5155,28.1396,26.4752,25.9622,27.201,28.0513,30.1412,31.6911,31.5359,31.7327,32.7947,33.1497,31.2797,29.8696,30.4863,32.47,34.7851,36.3578,35.7519,37.6207,36.4921,36.4986,36.2311,36.8328,35.6116,34.9583,33.2498,34.0901,34.5427,33.2126,30.7203,28.9197,32.132,31.1293,31.1111,31.2716,33.8912,33.6957,33.9851,33.544,33.712],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]}]},"canonical_url":"https://sharemaestro.com/terminal/c812e156-be66-4e9c-9b72-0a0bc7f69556/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/c812e156-be66-4e9c-9b72-0a0bc7f69556/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/c812e156-be66-4e9c-9b72-0a0bc7f69556/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/c812e156-be66-4e9c-9b72-0a0bc7f69556/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/c812e156-be66-4e9c-9b72-0a0bc7f69556/technical-pack/data.json"},"source_fingerprint":"7246cc1387de2708babb9bbb6c304552b1c364563a4cf513a68afcece4bab6b1","content_hash":"8154995ccdf538efe2ea80c504f3e3673077a26bd216f577bc0357440b4ad58c","citation":"Sharemaestro, OPAL Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/c812e156-be66-4e9c-9b72-0a0bc7f69556/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."}