{"schema_version":"1.0","name":"MKC Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"c99a87f4-42d9-4ef9-b895-c1b8b31e9bdd","symbol":"MKC","name":"McCormick & Company Incorporated","exchange":"NYSE","country":"US","asset_type":"equity","currency":"USD","sector":"Consumer Defensive","industry":"Packaged Foods"},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has contracted across the recent completed path. Price has not yet established a clear direction.","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, Acceleration, deceleration and rollover, Activity pressure and cumulative balance, Directional strength and control."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has contracted across the recent completed path. Price has not yet established a clear direction.","evidenceAlignment":{"status":"Support weakening","headline":"Positive Market Dynamics has weakened while price remains rotational","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has contracted across the recent completed path. Price has not yet established a clear direction.","take":"Treat the weaker support as caution until price and Market Dynamics establish clearer agreement.","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":[0.611792,0.705717,0.91308,1.1702,1.301394,1.338143,1.259343,1.028336,0.74954,0.414525,-0.00555,-0.2918,-0.585784,-0.681546,-0.758213,-0.738842,-0.556633,-0.503383,-0.538282,-0.668593,-0.927324,-1.05603,-0.945678,-0.667843,-0.433303,-0.306051,-0.050922,0.27543,0.646885,0.974776,0.998736,0.944449,0.74593,0.584882,0.366621,-0.079249,-0.314359,-0.61219,-0.710446,-0.787027,-0.961918,-1.026644,-1.137113,-1.174164,-0.826889,-0.651109,-0.488108,-0.413302,-0.649251,-0.729204,-0.891454,-0.912718,-0.641719,-0.487774,-0.346749,-0.337148,-0.6653,-0.860292,-0.895238,-0.884158,-0.827886,-0.827839,-0.918888,-0.963801,-0.980794,-0.634018,-0.368495,-0.218304,0.112699,0.333384,0.540767,0.836195,0.970916,0.933285,0.723253,0.504092,0.489714,0.543596,0.770694,1.073924,0.884606,0.374498,-0.104806,-0.651525,-0.92966,-0.963683,-0.932619,-0.923409,-0.931449,-0.991135,-1.078169,-1.136122,-1.180984,-1.26266,-1.185211,-0.934651,-0.426928,0.062211,0.443822,0.645741,0.471567,0.463244,0.442024,0.501467],"opens":[73.820927,75.778409,76.42772,79.292327,80.686436,79.177743,79.397363,76.70731,77.120076,76.841699,75.209832,75.411416,74.192316,71.139766,74.403498,75.248229,75.584202,77.331258,75.11384,73.852641,72.606957,68.947157,70.830168,73.321536,74.547907,75.648743,73.987832,77.184121,79.94587,80.380411,77.580036,76.768893,79.366482,73.087825,74.195363,72.864374,72.485479,73.651309,73.952482,72.844944,69.522328,70.241257,71.717975,72.096869,71.193351,73.923336,72.969032,70.329831,69.938838,69.567395,68.433516,69.059104,68.130496,70.280957,68.795184,68.912482,67.778603,63.634079,64.12282,67.211663,64.875481,66.470634,65.909659,62.78985,64.010217,64.728658,66.687151,66.047442,62.199349,66.657626,66.923351,67.873551,66.159122,66.951922,66.436602,60.698716,61.263585,66.882552,70.86637,67.298772,70.03393,63.503244,57.973467,53.51397,52.60225,48.350863,53.22658,53.68,51.28,50.03,48.49,46.47,47.65,46.568312,46.726843,48.163525,46.072905,50.660379,52.34,53.06,51.92,50.77,51.47,52.7],"highs":[75.797506,76.532755,79.807956,80.681662,81.631756,80.485913,80.982445,77.206469,79.231903,76.894494,75.785785,76.016166,74.691475,75.627398,75.660995,75.670595,78.905529,77.868814,75.881777,74.354777,73.297394,71.361273,73.640102,75.436301,75.764621,75.803247,77.599349,80.57354,82.833153,83.27735,79.40028,79.376139,80.293503,74.603404,75.778949,74.826855,74.846285,75.098882,74.729702,73.267557,70.882463,72.289328,74.195363,72.81094,75.934393,75.808095,73.262277,70.63285,71.468597,72.177272,69.057638,69.259488,70.945645,70.284867,70.017037,68.932032,67.974099,64.513813,67.456034,67.573332,66.539526,67.848468,66.160621,64.531825,65.6833,67.789418,67.080817,66.332851,66.0376,68.360234,68.094509,69.122211,67.695172,68.155986,67.358232,63.047384,67.744722,71.758269,71.178535,70.683035,70.11321,64.226674,58.171667,53.860819,53.52388,53.42478,54.217579,53.695,51.85,50.07,48.93,47.98,48.445,47.460046,49.684426,48.48554,50.700011,53.385121,53.88,54.1,53.26,53.13,53.3,54.75],"lows":[73.696794,75.11191,76.372146,78.17513,78.814893,78.927567,76.260618,75.920174,76.726508,73.222795,74.192316,72.814637,69.603892,70.822992,73.942736,73.870742,75.339422,74.835463,73.625962,72.539362,68.657463,67.643534,70.009368,72.669724,73.572604,73.060811,73.060811,76.701298,78.468431,76.962023,77.10687,73.495352,73.688481,68.793684,70.911609,71.795697,71.581961,71.955998,71.300219,67.987319,69.046281,69.386315,71.669398,70.513284,71.067053,72.89352,69.831315,68.990681,68.971131,68.267344,67.573332,66.879319,66.693598,67.138352,66.84022,66.185307,63.995747,62.226505,63.428808,63.243086,63.075258,65.752192,62.150141,62.189508,63.222883,63.134308,65.584884,62.110774,61.648216,66.495238,66.74128,66.515882,64.330728,65.703263,59.083386,59.9847,59.608616,66.060023,67.160032,66.922192,63.136574,56.774358,52.1563,50.828361,47.092293,48.142753,52.161255,51.225,49.975,47.3,44.82,45.74,46.37,45.111814,46.320608,45.438783,45.300069,49.432065,50.12,50.555,49.69,49.76,50.49,52.03],"closes":[75.721117,76.418171,79.139548,79.979833,79.244584,79.483301,76.971995,76.966488,76.966488,74.739471,75.593801,74.3843,71.005377,74.470693,75.267428,74.393899,77.331258,75.699392,73.961935,73.244284,68.937501,70.791542,72.317263,74.576876,75.6584,74.316151,77.386907,79.772054,79.78171,77.57038,77.415877,78.66156,73.833328,73.816469,73.175262,72.417473,73.85533,73.903906,73.252984,69.085142,70.659012,72.1163,71.902564,70.979616,74.137072,73.010103,70.329831,69.811765,69.958388,68.697436,68.736535,68.130496,70.63285,68.785409,69.31325,67.397385,64.005522,64.220568,67.358286,65.158951,66.470634,65.791559,63.14415,64.010217,64.295625,67.080817,66.411584,62.297766,65.74235,67.494168,67.838626,66.674442,67.110482,66.436602,60.242856,61.273495,66.813182,70.84655,67.883461,70.4006,64.266314,57.765357,52.7509,52.59234,48.410323,53.22658,53.840999,51.53,50.24,48.32,46.35,47.8,47.37,46.806108,48.500402,46.211619,50.581114,52.95907,52.45,51.7,49.96,50.9,52.96,54.67],"pressureRange":[-1.525483,1.525483],"priceRange":[46.211619,79.979833],"zones":{"accumulationBoundary":0.06,"distributionBoundary":0.94},"latest":0.501467,"state":"Positive but weakening over four weeks","context":{"scenario":"positiveWeakening","latestDirection":"strengthening","fourWeekDirection":"weakening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Positive support is weakening","detail":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","annotations":[{"label":"Current tape relationship","value":"Positive support is weakening","detail":"Market Dynamics strengthened this week and remains positive.","tone":"caution"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"3 Jul 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.36,"forwardCorrelation":-0.1,"directionalAgreement":50.2,"sample":255,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":2.5,"medianWeeksInZone":2.5,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":8.3,"averageReturn":8.3,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":14.3,"averageReturn":14.3,"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":6.3,"sample":2},{"week":2,"averageReturn":8.4,"sample":2},{"week":3,"averageReturn":7.2,"sample":2},{"week":4,"averageReturn":8.3,"sample":2},{"week":5,"averageReturn":3.9,"sample":2},{"week":6,"averageReturn":9.6,"sample":2},{"week":7,"averageReturn":14.4,"sample":2},{"week":8,"averageReturn":15.7,"sample":2},{"week":9,"averageReturn":11.5,"sample":1},{"week":10,"averageReturn":7.8,"sample":1},{"week":11,"averageReturn":9.8,"sample":1},{"week":12,"averageReturn":14.3,"sample":1},{"week":13,"averageReturn":18.0,"sample":1},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"averageWeeksInZone":2.3,"medianWeeksInZone":2,"averageWeeksToLower":2.3,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":-2.7,"averageReturn":-4.0,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":-9.8,"averageReturn":-9.4,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":3,"expectedCount":2,"expectedPercent":66.7,"medianReturn":-13.8,"averageReturn":-10.4,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.7,"sample":3},{"week":2,"averageReturn":-2.9,"sample":3},{"week":3,"averageReturn":-3.2,"sample":3},{"week":4,"averageReturn":-4.0,"sample":3},{"week":5,"averageReturn":-5.4,"sample":3},{"week":6,"averageReturn":-5.4,"sample":3},{"week":7,"averageReturn":-6.9,"sample":3},{"week":8,"averageReturn":-8.6,"sample":3},{"week":9,"averageReturn":-7.9,"sample":3},{"week":10,"averageReturn":-8.7,"sample":3},{"week":11,"averageReturn":-7.6,"sample":3},{"week":12,"averageReturn":-9.4,"sample":3},{"week":13,"averageReturn":-7.7,"sample":3},{"week":14,"averageReturn":-6.4,"sample":3},{"week":15,"averageReturn":-8.3,"sample":3},{"week":16,"averageReturn":-9.6,"sample":3},{"week":17,"averageReturn":-8.5,"sample":3},{"week":18,"averageReturn":-11.3,"sample":3},{"week":19,"averageReturn":-11.7,"sample":3},{"week":20,"averageReturn":-11.5,"sample":3},{"week":21,"averageReturn":-9.4,"sample":3},{"week":22,"averageReturn":-10.3,"sample":3},{"week":23,"averageReturn":-10.6,"sample":3},{"week":24,"averageReturn":-10.4,"sample":3},{"week":25,"averageReturn":-9.8,"sample":3},{"week":26,"averageReturn":-10.4,"sample":3}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":18,"completedEpisodes":16,"activeEpisodes":2,"medianExpectedMove":4.5,"averageExpectedMove":6.4,"averageWeeksToLargestMove":7.1,"horizons":[{"weeks":4,"sample":17,"expectedCount":8,"expectedPercent":47.1,"averageReturn":-1.1,"medianReturn":-0.4,"confidenceLow":26.2,"confidenceHigh":69.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":16,"expectedCount":7,"expectedPercent":43.8,"averageReturn":-3.2,"medianReturn":-1.5,"confidenceLow":23.1,"confidenceHigh":66.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":7,"expectedPercent":43.8,"averageReturn":-5.6,"medianReturn":-1.0,"confidenceLow":23.1,"confidenceHigh":66.8,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.4,"sample":18},{"week":2,"averageReturn":-0.9,"sample":17},{"week":3,"averageReturn":-1.9,"sample":17},{"week":4,"averageReturn":-1.1,"sample":17},{"week":5,"averageReturn":-1.5,"sample":17},{"week":6,"averageReturn":-1.7,"sample":17},{"week":7,"averageReturn":-1.7,"sample":16},{"week":8,"averageReturn":-1.8,"sample":16},{"week":9,"averageReturn":-0.7,"sample":16},{"week":10,"averageReturn":-0.9,"sample":16},{"week":11,"averageReturn":-2.3,"sample":16},{"week":12,"averageReturn":-3.2,"sample":16},{"week":13,"averageReturn":-2.5,"sample":16},{"week":14,"averageReturn":-4.5,"sample":16},{"week":15,"averageReturn":-5.5,"sample":16},{"week":16,"averageReturn":-5.5,"sample":16},{"week":17,"averageReturn":-4.8,"sample":16},{"week":18,"averageReturn":-4.9,"sample":16},{"week":19,"averageReturn":-4.2,"sample":16},{"week":20,"averageReturn":-4.0,"sample":16},{"week":21,"averageReturn":-4.1,"sample":16},{"week":22,"averageReturn":-4.1,"sample":16},{"week":23,"averageReturn":-4.2,"sample":16},{"week":24,"averageReturn":-4.9,"sample":16},{"week":25,"averageReturn":-4.7,"sample":16},{"week":26,"averageReturn":-5.6,"sample":16}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":21,"completedEpisodes":20,"activeEpisodes":1,"medianExpectedMove":7.2,"averageExpectedMove":10.1,"averageWeeksToLargestMove":7.3,"horizons":[{"weeks":4,"sample":21,"expectedCount":14,"expectedPercent":66.7,"averageReturn":-0.6,"medianReturn":-2.3,"confidenceLow":45.4,"confidenceHigh":82.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":20,"expectedCount":12,"expectedPercent":60.0,"averageReturn":-1.1,"medianReturn":-3.2,"confidenceLow":38.7,"confidenceHigh":78.1,"confidence":"Mixed historical record"},{"weeks":26,"sample":17,"expectedCount":12,"expectedPercent":70.6,"averageReturn":-7.2,"medianReturn":-9.1,"confidenceLow":46.9,"confidenceHigh":86.7,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.4,"sample":21},{"week":2,"averageReturn":-0.8,"sample":21},{"week":3,"averageReturn":-0.6,"sample":21},{"week":4,"averageReturn":-0.6,"sample":21},{"week":5,"averageReturn":-1.2,"sample":21},{"week":6,"averageReturn":-0.7,"sample":21},{"week":7,"averageReturn":-1.4,"sample":21},{"week":8,"averageReturn":-0.7,"sample":21},{"week":9,"averageReturn":-0.8,"sample":20},{"week":10,"averageReturn":-0.4,"sample":20},{"week":11,"averageReturn":-1.4,"sample":20},{"week":12,"averageReturn":-1.1,"sample":20},{"week":13,"averageReturn":-1.0,"sample":20},{"week":14,"averageReturn":-0.1,"sample":20},{"week":15,"averageReturn":-0.4,"sample":19},{"week":16,"averageReturn":-0.7,"sample":19},{"week":17,"averageReturn":-1.5,"sample":18},{"week":18,"averageReturn":-1.8,"sample":18},{"week":19,"averageReturn":-2.0,"sample":18},{"week":20,"averageReturn":-3.4,"sample":18},{"week":21,"averageReturn":-4.7,"sample":18},{"week":22,"averageReturn":-6.6,"sample":17},{"week":23,"averageReturn":-5.1,"sample":17},{"week":24,"averageReturn":-5.4,"sample":17},{"week":25,"averageReturn":-7.2,"sample":17},{"week":26,"averageReturn":-7.2,"sample":17}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":20,"completedEpisodes":18,"activeEpisodes":2,"medianExpectedMove":6.4,"averageExpectedMove":8.5,"averageWeeksToLargestMove":6.9,"horizons":[{"weeks":4,"sample":20,"expectedCount":12,"expectedPercent":60.0,"averageReturn":-0.4,"medianReturn":-1.4,"confidenceLow":38.7,"confidenceHigh":78.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":10,"expectedPercent":55.6,"averageReturn":-0.1,"medianReturn":-1.2,"confidenceLow":33.7,"confidenceHigh":75.4,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":11,"expectedPercent":68.8,"averageReturn":-5.3,"medianReturn":-6.4,"confidenceLow":44.4,"confidenceHigh":85.8,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.1,"sample":20},{"week":2,"averageReturn":-0.2,"sample":20},{"week":3,"averageReturn":0.1,"sample":20},{"week":4,"averageReturn":-0.4,"sample":20},{"week":5,"averageReturn":0.7,"sample":20},{"week":6,"averageReturn":0.5,"sample":20},{"week":7,"averageReturn":0.0,"sample":20},{"week":8,"averageReturn":1.0,"sample":19},{"week":9,"averageReturn":0.5,"sample":19},{"week":10,"averageReturn":-0.6,"sample":18},{"week":11,"averageReturn":-0.1,"sample":18},{"week":12,"averageReturn":-0.1,"sample":18},{"week":13,"averageReturn":-0.8,"sample":18},{"week":14,"averageReturn":-1.5,"sample":18},{"week":15,"averageReturn":-1.2,"sample":18},{"week":16,"averageReturn":-1.0,"sample":17},{"week":17,"averageReturn":-0.2,"sample":17},{"week":18,"averageReturn":-1.7,"sample":16},{"week":19,"averageReturn":-3.1,"sample":16},{"week":20,"averageReturn":-3.3,"sample":16},{"week":21,"averageReturn":-2.6,"sample":16},{"week":22,"averageReturn":-2.8,"sample":16},{"week":23,"averageReturn":-3.4,"sample":16},{"week":24,"averageReturn":-4.8,"sample":16},{"week":25,"averageReturn":-4.9,"sample":16},{"week":26,"averageReturn":-5.3,"sample":16}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":16,"completedEpisodes":15,"activeEpisodes":1,"medianExpectedMove":6.6,"averageExpectedMove":7.8,"averageWeeksToLargestMove":5.7,"horizons":[{"weeks":4,"sample":15,"expectedCount":7,"expectedPercent":46.7,"averageReturn":-1.5,"medianReturn":-1.8,"confidenceLow":24.8,"confidenceHigh":69.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":15,"expectedCount":5,"expectedPercent":33.3,"averageReturn":-3.2,"medianReturn":-3.9,"confidenceLow":15.2,"confidenceHigh":58.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":14,"expectedCount":7,"expectedPercent":50.0,"averageReturn":-2.4,"medianReturn":-0.0,"confidenceLow":26.8,"confidenceHigh":73.2,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.3,"sample":16},{"week":2,"averageReturn":-1.5,"sample":16},{"week":3,"averageReturn":-0.6,"sample":16},{"week":4,"averageReturn":-1.5,"sample":15},{"week":5,"averageReturn":-0.9,"sample":15},{"week":6,"averageReturn":-1.4,"sample":15},{"week":7,"averageReturn":-2.0,"sample":15},{"week":8,"averageReturn":-3.0,"sample":15},{"week":9,"averageReturn":-3.1,"sample":15},{"week":10,"averageReturn":-3.4,"sample":15},{"week":11,"averageReturn":-2.0,"sample":15},{"week":12,"averageReturn":-3.2,"sample":15},{"week":13,"averageReturn":-3.3,"sample":15},{"week":14,"averageReturn":-4.9,"sample":15},{"week":15,"averageReturn":-4.5,"sample":15},{"week":16,"averageReturn":-4.8,"sample":15},{"week":17,"averageReturn":-4.3,"sample":15},{"week":18,"averageReturn":-4.5,"sample":15},{"week":19,"averageReturn":-5.5,"sample":15},{"week":20,"averageReturn":-4.9,"sample":15},{"week":21,"averageReturn":-4.0,"sample":15},{"week":22,"averageReturn":-3.5,"sample":15},{"week":23,"averageReturn":-2.2,"sample":15},{"week":24,"averageReturn":-1.7,"sample":14},{"week":25,"averageReturn":-2.0,"sample":14},{"week":26,"averageReturn":-2.4,"sample":14}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":13.4,"averageExpectedMove":13.4,"averageWeeksToLargestMove":12.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-1.4,"medianReturn":-1.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-13.4,"medianReturn":-13.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-13.8,"medianReturn":-13.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.0,"sample":1},{"week":2,"averageReturn":-2.8,"sample":1},{"week":3,"averageReturn":-3.0,"sample":1},{"week":4,"averageReturn":-1.4,"sample":1},{"week":5,"averageReturn":-7.4,"sample":1},{"week":6,"averageReturn":-7.5,"sample":1},{"week":7,"averageReturn":-8.3,"sample":1},{"week":8,"averageReturn":-9.2,"sample":1},{"week":9,"averageReturn":-7.4,"sample":1},{"week":10,"averageReturn":-7.4,"sample":1},{"week":11,"averageReturn":-8.2,"sample":1},{"week":12,"averageReturn":-13.4,"sample":1},{"week":13,"averageReturn":-11.4,"sample":1},{"week":14,"averageReturn":-9.6,"sample":1},{"week":15,"averageReturn":-9.9,"sample":1},{"week":16,"averageReturn":-11.0,"sample":1},{"week":17,"averageReturn":-7.1,"sample":1},{"week":18,"averageReturn":-8.5,"sample":1},{"week":19,"averageReturn":-11.8,"sample":1},{"week":20,"averageReturn":-12.5,"sample":1},{"week":21,"averageReturn":-12.3,"sample":1},{"week":22,"averageReturn":-13.9,"sample":1},{"week":23,"averageReturn":-13.8,"sample":1},{"week":24,"averageReturn":-14.6,"sample":1},{"week":25,"averageReturn":-11.5,"sample":1},{"week":26,"averageReturn":-13.8,"sample":1}]},"currentApplication":{"status":"Support weakening","tone":"caution","headline":"Positive Market Dynamics has weakened over four weeks","use":"Use the weaker four-week path as caution until price and Market Dynamics establish clearer agreement.","confirm":"Treat the weaker support as caution until price and Market Dynamics establish clearer agreement.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price has no clear direction","detail":"Price remains rotational while the Market Dynamics condition develops."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"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 3 cases. Distinct visits lasted 2.3 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 8.5% across 18 completed cases, with the largest move arriving after 6.9 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2026-07-03","price":52.95907}],"distribution_rollovers":[{"date":"2024-10-04","price":76.971995},{"date":"2025-04-04","price":73.833328}],"price_pressure_gaps":[{"date":"2025-02-28","price":79.772054}]}},"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":[75.7211,76.4182,79.1395,79.9798,79.2446,79.4833,76.972,76.9665,76.9665,74.7395,75.5938,74.3843,71.0054,74.4707,75.2674,74.3939,77.3313,75.6994,73.9619,73.2443,68.9375,70.7915,72.3173,74.5769,75.6584,74.3162,77.3869,79.7721,79.7817,77.5704,77.4159,78.6616,73.8333,73.8165,73.1753,72.4175,73.8553,73.9039,73.253,69.0851,70.659,72.1163,71.9026,70.9796,74.1371,73.0101,70.3298,69.8118,69.9584,68.6974,68.7365,68.1305,70.6329,68.7854,69.3132,67.3974,64.0055,64.2206,67.3583,65.159,66.4706,65.7916,63.1442,64.0102,64.2956,67.0808,66.4116,62.2978,65.7424,67.4942,67.8386,66.6744,67.1105,66.4366,60.2429,61.2735,66.8132,70.8465,67.8835,70.4006,64.2663,57.7654,52.7509,52.5923,48.4103,53.2266,53.841,51.53,50.24,48.32,46.35,47.8,47.37,46.8061,48.5004,46.2116,50.5811,52.9591,52.45,51.7,49.96,50.9,52.96,54.67],"consensus":[57.7779,44.7281,67.1029,51.0545,17.1182,32.5767,-25.5536,8.9249,0.0,-38.3384,0.0,-29.066,-59.9393,22.6912,11.766,-17.8652,45.0068,-13.442,-32.4164,-25.4086,-69.0491,0.0,0.0,31.073,39.1915,0.0,54.9943,59.999,26.0155,-9.9114,0.0,26.6939,-55.7188,-11.3768,-25.8135,-33.7291,0.0,0.0,-12.9421,-58.6901,0.0,0.0,-18.7834,-20.143,39.6711,-13.276,-43.0443,-23.0584,-21.8515,-40.4447,-13.6091,-27.6831,29.1264,-26.1104,0.0,-34.1731,-67.935,-20.5935,21.8617,-43.7868,17.7859,-20.9432,-52.9447,0.0,-16.2461,35.577,0.0,-55.5092,34.4222,29.2172,27.6175,0.0,20.6782,-11.883,-65.5135,-20.4355,42.7471,60.3544,0.0,53.7378,-46.0408,-68.7475,-76.1236,-39.5237,-73.9939,0.0,-8.3823,-49.9969,-38.7453,-51.8815,-54.3342,-12.6233,-33.8351,-25.378,0.0,-48.9849,43.2202,45.1366,16.7877,0.0,-24.5723,0.0,33.4093,46.5833],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[29.7487,-27.8755,0.0,-36.9455,-69.9237,-9.5486,29.1562,-37.1172,16.4221,-33.2349,-51.7767,0.0,-13.2217,34.2161,0.0,-59.8004,34.6804,28.3427,31.2644,0.0,18.7376,-11.1025,-58.4617,-18.3491,43.9283,57.8742,0.0,52.8212,-46.0245,-68.0342,-77.7082,-33.487,-71.561,0.0,-7.7924,-59.7369,-54.4053,-51.421,-52.9743,-0.0585,-32.27,-21.7444,0.0,-51.9755,37.4909,41.5914,9.8701,0.0,-31.1302,0.0,38.5555,50.1783],"force":[65.2373,-37.0628,0.0,-38.6729,-81.7352,-6.3494,70.822,-64.5201,44.6474,-20.5683,-62.9917,0.0,-1.367,63.9738,0.0,-74.4775,68.4077,43.2091,20.3136,0.0,24.8012,-26.364,-94.5514,-14.1795,82.4869,78.8969,0.0,60.8183,-75.1524,-87.7219,-90.9183,-13.9465,-85.4108,0.0,-20.3338,-43.232,-23.5839,-42.8924,-45.1282,-23.7024,-14.4851,-6.0778,0.0,-57.121,90.153,57.6652,4.6018,0.0,-39.2318,0.0,37.3895,42.7701],"direction":[2.6216,-16.27,0.0,-27.7906,-55.805,-52.4611,21.4464,-36.5997,0.1579,-7.1634,-47.1032,0.0,-30.3305,16.849,0.0,-37.0561,9.8516,20.2224,28.6665,0.0,19.951,-2.4314,-52.8313,-47.5449,13.0117,49.9442,0.0,49.7279,-25.2654,-56.0094,-63.745,-64.6921,-68.6192,0.0,-29.568,-43.6976,-31.6777,-58.8286,-62.4642,-52.9301,-49.4453,-43.3166,0.0,-39.7556,16.2447,40.2393,33.3976,0.0,-6.6064,0.0,24.6849,45.1986],"intensity":[59.6154,40.3846,3.8462,42.3077,80.7692,80.7692,71.1538,48.0769,21.1538,65.3846,86.5385,30.7692,17.3077,67.3077,59.6154,92.3077,80.7692,98.0769,1.9231,19.2308,44.2308,26.9231,100.0,92.3077,96.1538,98.0769,61.5385,55.7692,96.1538,98.0769,92.3077,82.6923,80.7692,86.5385,75.0,42.3077,30.7692,51.9231,44.2308,21.1538,5.7692,15.3846,40.3846,40.3846,84.6154,76.9231,7.6923,11.5385,28.8462,13.4615,36.5385,26.9231],"confirmation":[55.7448,76.6622,25.8234,79.0303,90.1295,52.625,35.6186,82.7453,51.8643,51.8364,85.2663,5.4476,50.1247,80.2708,25.0638,86.2756,80.0469,77.7893,76.5594,29.918,74.7722,49.5891,89.9567,31.2078,82.8722,87.9163,33.1324,85.4259,83.6205,90.5883,92.7863,79.9601,92.0631,38.0074,6.154,83.6444,79.6978,84.3351,85.1271,8.1804,78.2614,52.9215,5.7278,83.8776,83.3481,82.8796,50.4394,27.726,53.5433,1.4022,78.7339,82.7357],"persistence":[75.0,75.0,62.5,62.5,62.5,62.5,37.5,37.5,37.5,37.5,50.0,37.5,37.5,12.5,25.0,25.0,25.0,0.0,25.0,25.0,50.0,25.0,12.5,12.5,12.5,12.5,0.0,12.5,12.5,12.5,12.5,12.5,37.5,50.0,62.5,87.5,87.5,87.5,87.5,87.5,87.5,100.0,87.5,87.5,62.5,37.5,12.5,0.0,0.0,12.5,25.0,50.0],"assessmentRisk":[5.6289,15.8091,15.8171,4.2583,15.9695,39.4979,50.7327,20.8682,34.9288,45.4693,22.3509,24.1203,32.3108,10.9546,44.0621,5.1321,10.0077,5.3915,14.5643,50.6698,19.4852,18.5818,16.9717,38.439,26.4258,14.3099,51.9988,22.791,8.3005,15.535,11.9002,30.229,12.9729,42.5348,16.7263,12.0454,40.8693,18.2221,21.9701,34.4825,19.7549,11.9557,32.1439,6.3853,20.8714,26.8984,39.8127,47.3827,3.2821,39.9403,3.5612,23.1623],"volumeParticipation":true,"latest":{"consensus":46.6,"control":50.2,"force":42.8,"direction":45.2,"confirmation":82.7,"persistence":50.0,"assessmentRisk":23.2,"intensity":26.9,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the upward view","summary":"The completed evidence gives the upward view the clearer support.","take":"Current assessment: upward pressure has the stronger support.","tone":"positive","supportedView":"Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is strengthening","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+46.6","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+50.2","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+42.8","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+45.2","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"83/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"51.8","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"6.5%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"27.6","detail":"Directional","tone":"positive"},{"label":"Range position","value":"37%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price is rotating through its trend references.","series":[{"label":"Close","values":[75.7211,76.4182,79.1395,79.9798,79.2446,79.4833,76.972,76.9665,76.9665,74.7395,75.5938,74.3843,71.0054,74.4707,75.2674,74.3939,77.3313,75.6994,73.9619,73.2443,68.9375,70.7915,72.3173,74.5769,75.6584,74.3162,77.3869,79.7721,79.7817,77.5704,77.4159,78.6616,73.8333,73.8165,73.1753,72.4175,73.8553,73.9039,73.253,69.0851,70.659,72.1163,71.9026,70.9796,74.1371,73.0101,70.3298,69.8118,69.9584,68.6974,68.7365,68.1305,70.6329,68.7854,69.3132,67.3974,64.0055,64.2206,67.3583,65.159,66.4706,65.7916,63.1442,64.0102,64.2956,67.0808,66.4116,62.2978,65.7424,67.4942,67.8386,66.6744,67.1105,66.4366,60.2429,61.2735,66.8132,70.8465,67.8835,70.4006,64.2663,57.7654,52.7509,52.5923,48.4103,53.2266,53.841,51.53,50.24,48.32,46.35,47.8,47.37,46.8061,48.5004,46.2116,50.5811,52.9591,52.45,51.7,49.96,50.9,52.96,54.67],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[72.0685,72.8594,74.0012,75.0882,75.8439,76.5056,76.5904,76.6588,76.7148,76.3556,76.2171,75.8839,74.9969,74.9012,74.9678,74.8634,75.3121,75.3825,75.1243,74.7824,73.7197,73.1873,73.0291,73.3105,73.7374,73.8426,74.4871,75.448,76.2359,76.4785,76.649,77.0149,76.4364,75.9601,75.4537,74.9017,74.7114,74.5646,74.3261,73.3732,72.8797,72.7409,72.5885,72.296,72.6307,72.6997,72.2688,71.8221,71.4832,70.9767,70.5694,70.126,70.2181,69.9576,69.8405,69.3963,68.4161,67.6533,67.5997,67.1559,67.0313,66.8059,66.1401,65.7529,65.4879,65.7775,65.8928,65.2392,65.3307,65.724,66.1085,66.2114,66.3749,66.3861,65.2691,64.5427,64.9555,66.0266,66.3642,67.0981,66.5832,64.98,62.7565,60.9085,58.6361,57.6525,56.9595,55.9723,54.9301,53.7283,52.3868,51.5528,50.7923,50.0675,49.7826,49.1333,49.3966,50.0443,50.4817,50.7032,50.5681,50.6284,51.0523,51.7101],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[69.7731,70.2654,70.9227,71.5936,72.1603,72.7028,73.019,73.3114,73.5822,73.6679,73.8106,73.8531,73.6421,73.7035,73.8193,73.8619,74.1189,74.236,74.2157,74.1437,73.7581,73.5383,73.4479,73.5315,73.6891,73.7355,74.006,74.4331,74.8293,75.0323,75.2089,75.4646,75.3438,75.2307,75.0784,74.8813,74.8053,74.7385,74.6285,74.2179,73.9543,73.8181,73.6762,73.4765,73.5254,73.4872,73.2534,72.9984,72.7732,72.4713,72.1947,71.8936,71.8002,71.5769,71.4092,71.1121,70.5856,70.1142,69.91,69.5581,69.3294,69.0673,68.6286,68.2865,67.9909,67.9234,67.8115,67.403,67.28,67.2959,67.3361,67.2871,67.274,67.212,66.6957,66.2941,66.3325,66.6669,66.757,67.0269,66.8224,66.1515,65.1589,64.228,63.0564,62.3282,61.6995,60.9462,60.1532,59.2767,58.3191,57.5399,56.7866,56.0473,55.4883,54.8011,54.4885,54.3752,54.2326,54.045,53.7424,53.5319,53.4895,53.577],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[76.54,77.4564,78.8617,80.1967,81.2317,82.1818,82.704,83.1548,83.5374,83.3384,82.9185,82.3178,81.9367,81.3788,80.8164,80.4578,80.4684,80.4786,80.4855,80.5157,81.1491,81.26,80.8078,80.08,79.5153,78.7209,78.7947,79.4074,79.9656,80.2554,80.4551,80.8962,80.7583,80.752,80.72,80.7385,80.4854,80.3964,80.3897,80.6704,80.483,80.4034,80.4196,80.4591,80.3597,80.3252,80.0431,79.187,78.1034,77.5327,76.833,75.5583,75.28,75.0294,74.8037,74.7955,74.9992,74.8827,74.4255,74.5723,74.4564,74.1274,74.0052,73.8098,72.7869,71.8428,71.4233,71.2868,70.8247,70.6692,70.5414,70.3886,69.7196,69.3872,69.3791,69.3652,69.5304,70.4673,70.5363,71.2098,71.1402,71.7861,73.2884,74.2819,75.6601,75.6372,75.4681,75.7195,75.6495,75.3251,74.8774,74.1999,73.2543,72.226,71.8212,71.2915,69.5793,66.6084,63.9881,59.5845,56.3502,54.974,55.0079,55.3971],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[63.4858,63.4002,62.8929,62.3681,62.0964,61.867,62.0175,62.4097,62.8692,64.033,65.5781,67.0986,67.8471,69.1247,70.3913,71.1624,71.648,71.6814,71.658,71.5826,70.2709,69.5973,69.3673,69.5548,69.7608,70.0385,70.0063,69.6741,69.3974,69.3908,69.3732,69.3598,69.7805,69.7214,69.5442,69.328,69.2336,69.143,69.0788,68.3822,68.7417,68.9538,68.8961,68.497,68.4442,68.3481,67.9245,67.7846,67.8859,67.5692,67.401,67.6226,67.5809,67.3283,67.1679,66.674,65.4853,64.6335,64.5012,63.9618,63.6589,63.3554,62.6018,62.1003,62.139,62.4902,62.5179,61.9029,61.9434,61.9787,62.0166,62.0238,62.3405,62.4381,61.5392,60.9406,61.0563,60.782,60.7654,60.6161,60.4653,59.0168,56.4751,54.3398,51.3731,50.0106,48.9227,47.5945,46.1143,44.5212,42.82,41.6101,40.5817,39.6469,38.8775,37.9009,37.99,39.1721,40.2491,42.7826,44.5863,45.2759,45.2629,45.0815],"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":[-1.1944,-0.0932,8.3108,5.6537,3.6382,3.7822,0.3614,-0.7658,-1.5703,-3.2695,-0.6541,-6.4676,-8.5722,-5.4941,-5.4374,-7.1245,-2.7835,-2.9405,-5.6003,-5.8455,-9.4427,-9.5288,-8.9371,-5.0348,-3.5266,-6.5612,-1.1296,2.7867,5.8961,5.1985,4.3222,7.5691,10.9331,4.9051,5.5505,0.0318,-0.7163,-0.0848,-5.7884,-8.6752,-8.0649,-7.6539,-7.6029,-8.6185,-7.6919,-10.5317,-13.4436,-14.3915,-15.1827,-14.2372,-15.8569,-17.0528,-13.9063,-15.7341,-14.8417,-17.9551,-22.5032,-21.4913,-18.115,-18.3827,-17.7348,-19.6961,-22.964,-20.2279,-19.6377,-14.1719,-17.6666,-22.6093,-17.4115,-14.8884,-15.2742,-15.4713,-15.9262,-16.1467,-23.2719,-21.782,-14.0962,-7.4185,-11.7947,-7.5364,-13.2144,-20.0761,-24.9173,-22.6058,-30.1948,-25.0813,-26.6161,-29.3395,-30.9426,-34.2715,-36.3218,-34.1725,-34.9461,-33.2939,-30.4776,-33.5707,-24.7029,-22.0711,-23.1382,-22.3398,-23.8004,-22.4763,-21.3768,-18.501],"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":[-19.332,-18.5894,-15.6902,-14.795,-15.5783,-15.324,-17.9994,-18.0052,-18.0052,-20.3777,-19.4676,-20.7561,-24.3558,-20.6641,-19.8153,-20.7459,-17.6166,-19.3551,-21.2061,-21.9706,-26.5588,-24.5836,-22.9582,-20.551,-19.3988,-20.8287,-17.5573,-15.0164,-15.0061,-17.3619,-17.5265,-16.1994,-21.3431,-21.361,-22.0441,-22.8514,-21.3196,-21.2679,-21.9613,-26.4015,-24.7248,-23.1723,-23.4,-24.3832,-21.0195,-22.2201,-25.0755,-25.6274,-25.4712,-26.8145,-26.7729,-27.4185,-24.7527,-26.7208,-26.1585,-28.1995,-31.8129,-31.5839,-28.2411,-30.5842,-29.1868,-29.9102,-32.7306,-31.8079,-31.5039,-28.5367,-29.2497,-33.6323,-29.9627,-28.0964,-27.7294,-28.9697,-28.5051,-29.223,-35.8214,-34.7235,-28.8219,-24.525,-27.6817,-25.0001,-31.5351,-38.4608,-43.8028,-43.9718,-48.427,-43.2961,-42.6415,-45.1035,-46.4778,-48.5232,-50.6219,-49.0772,-49.5353,-50.136,-48.331,-50.7693,-46.1144,-43.5811,-44.1234,-44.9224,-46.7761,-45.7747,-43.5801,-41.7584],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[18.3065,18.7698,22.9994,24.3054,23.1626,23.5337,19.6306,19.622,19.622,16.1608,17.4886,15.6087,10.3572,15.743,16.9813,15.6237,18.6314,12.5236,9.941,7.3563,0.0,2.6895,4.9026,8.1804,9.7493,7.8022,12.2566,15.7165,15.7305,12.5228,12.2986,14.1056,7.1018,7.0774,6.1473,5.048,7.1338,7.2042,6.26,0.2142,2.4972,4.6111,4.3011,2.9623,7.5424,5.9077,1.8017,1.0518,1.264,0.0,0.0569,0.0,3.6729,0.9613,1.736,0.0,0.0,0.336,5.2382,1.8021,3.8514,2.7904,0.0,1.3716,1.8236,6.2344,5.1746,0.0,5.5292,8.3412,8.8942,7.0254,7.7253,6.6436,0.0,1.7108,10.9064,17.6016,12.683,16.8613,6.6787,0.0,0.0,0.0,0.0,9.9488,11.218,6.4442,3.7795,0.0,0.0,3.1284,2.2006,0.9841,4.6395,0.0,9.4554,14.6012,13.4996,11.8766,8.1113,10.1455,14.6032,18.3036],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[1.8211,2.071,2.4603,2.8043,2.9832,3.1084,2.9708,2.8286,2.685,2.3643,2.1542,1.8685,1.3539,1.2117,1.15,1.0189,1.1389,1.0898,0.9003,0.6843,0.1637,-0.0981,-0.1804,-0.0626,0.1167,0.1488,0.4172,0.8129,1.1145,1.1617,1.1732,1.2681,0.9429,0.676,0.408,0.133,0.0307,-0.046,-0.1574,-0.5754,-0.7708,-0.7988,-0.8287,-0.9163,-0.7227,-0.6526,-0.8041,-0.9549,-1.0505,-1.214,-1.3252,-1.4455,-1.3237,-1.3606,-1.3318,-1.447,-1.7913,-2.0234,-1.932,-2.0138,-1.9502,-1.9324,-2.1076,-2.1518,-2.1391,-1.8826,-1.7136,-1.8898,-1.7315,-1.4481,-1.182,-1.0529,-0.905,-0.8326,-1.2604,-1.4991,-1.227,-0.6782,-0.4768,-0.1128,-0.3156,-0.9896,-1.9063,-2.6155,-3.4749,-3.7245,-3.8285,-4.0508,-4.2816,-4.5669,-4.8955,-4.9815,-5.0263,-5.0492,-4.8745,-4.8646,-4.4528,-3.8898,-3.4449,-3.117,-2.9633,-2.7342,-2.3591,-1.902],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[1.0336,1.2411,1.4849,1.7488,1.9957,2.2182,2.3687,2.4607,2.5056,2.4773,2.4127,2.3038,2.1139,1.9334,1.7767,1.6252,1.5279,1.4403,1.3323,1.2027,0.9949,0.7763,0.5849,0.4554,0.3877,0.3399,0.3553,0.4469,0.5804,0.6967,0.792,0.8872,0.8983,0.8539,0.7647,0.6383,0.5168,0.4043,0.2919,0.1185,-0.0594,-0.2073,-0.3316,-0.4485,-0.5033,-0.5332,-0.5874,-0.6609,-0.7388,-0.8338,-0.9321,-1.0348,-1.0926,-1.1462,-1.1833,-1.236,-1.3471,-1.4823,-1.5723,-1.6606,-1.7185,-1.7613,-1.8306,-1.8948,-1.9437,-1.9315,-1.8879,-1.8883,-1.8569,-1.7751,-1.6565,-1.5358,-1.4096,-1.2942,-1.2875,-1.3298,-1.3092,-1.183,-1.0418,-0.856,-0.7479,-0.7962,-1.0183,-1.3377,-1.7652,-2.157,-2.4913,-2.8032,-3.0989,-3.3925,-3.6931,-3.9508,-4.1659,-4.3425,-4.4489,-4.5321,-4.5162,-4.3909,-4.2017,-3.9848,-3.7805,-3.5712,-3.3288,-3.0434],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[0.7874,0.8299,0.9753,1.0555,0.9875,0.8902,0.602,0.3679,0.1794,-0.1131,-0.2585,-0.4353,-0.76,-0.7217,-0.6267,-0.6062,-0.389,-0.3505,-0.432,-0.5184,-0.8312,-0.8744,-0.7654,-0.5181,-0.271,-0.1911,0.0618,0.3661,0.5341,0.4651,0.3812,0.3809,0.0445,-0.1779,-0.3567,-0.5054,-0.4861,-0.4502,-0.4493,-0.6938,-0.7114,-0.5915,-0.4972,-0.4678,-0.2193,-0.1194,-0.2167,-0.294,-0.3117,-0.3802,-0.3931,-0.4107,-0.2311,-0.2144,-0.1485,-0.2109,-0.4442,-0.5411,-0.3597,-0.3532,-0.2317,-0.1711,-0.2771,-0.257,-0.1954,0.0488,0.1743,-0.0015,0.1254,0.3271,0.4745,0.4829,0.5046,0.4616,0.027,-0.1693,0.0822,0.5049,0.565,0.7432,0.4323,-0.1933,-0.8881,-1.2778,-1.7098,-1.5675,-1.3372,-1.2476,-1.1827,-1.1744,-1.2024,-1.0307,-0.8605,-0.7067,-0.4255,-0.3325,0.0634,0.5012,0.7568,0.8678,0.8172,0.8371,0.9697,1.1414],"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":"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":[61.9773,74.1002,114.3791,95.2307,111.2252,94.3367,165.1693,76.7945,73.6974,105.3523,75.8495,91.2371,101.8302,105.2915,65.3317,102.4275,118.699,123.0301,62.0475,57.6549,89.0322,127.4011,135.5256,122.794,84.5652,91.1256,90.7045,143.2758,136.4584,158.2531,117.9216,164.028,147.6516,158.9467,83.9243,72.9746,96.7868,88.6011,130.2002,127.0706,94.8844,92.177,85.4388,73.8364,140.1058,91.7632,108.7608,79.8803,78.384,101.3474,80.2714,96.81,131.6808,116.5909,78.1417,93.2563,116.9289,127.4466,142.9006,172.2191,94.8354,91.6558,103.2325,79.0,98.7476,118.3435,68.7165,96.5505,96.5377,154.1384,60.7599,70.0364,118.537,144.1052,249.1892,149.9834,143.1044,117.9149,92.0111,83.9805,81.8682,107.2216,151.3653,129.5591,201.9755,162.3232,114.5924,85.0824,88.1053,100.1413,96.3271,72.9311,94.9705,86.4766,92.3449,139.4938,184.8984,93.6845,77.5084,85.2843,70.4971,99.7833,56.0681,48.7345],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[120.8256,126.3784,135.0,135.0,127.9763,134.002,122.8669,117.7065,117.7065,110.7526,115.7297,109.7337,103.3534,110.0446,114.1048,107.86,115.1358,107.5347,103.8027,100.3656,94.9902,102.8932,111.3883,119.1966,124.5013,118.7998,124.2156,133.0321,135.0,126.352,119.7661,129.2957,120.4608,110.6138,105.3362,100.772,106.8228,112.3227,103.8959,95.3094,101.8155,108.1208,102.3339,97.3925,107.1397,100.6789,92.8425,87.1555,92.6673,85.622,91.1601,84.626,93.5174,85.7671,90.9581,84.6833,76.7028,85.6188,95.7368,83.2031,90.1247,83.4167,75.7651,81.6582,88.9006,97.7198,92.6955,85.5665,92.7766,104.6615,109.3198,103.9926,113.0167,101.7961,80.3704,93.803,106.9922,117.982,109.4808,117.0308,111.5314,99.7858,82.5953,65.0,65.0,77.8536,87.2594,80.1934,72.7782,65.0,65.0,70.1,65.0,65.0,70.1094,65.0,75.02,80.1113,75.8785,71.16,67.2345,72.8577,75.9279,78.5244],"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":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[20.7125,22.1143,24.1801,26.2697,28.3905,30.3599,30.5162,30.4698,31.0014,29.7607,28.6087,26.9357,25.8223,24.4144,23.0933,21.8946,21.155,20.2499,18.897,17.8889,18.2307,18.8253,18.3981,17.3226,16.2035,15.3516,14.6311,14.9112,15.7703,15.9439,16.1052,15.0109,14.1856,14.3647,14.1312,13.9144,13.7767,13.5482,13.553,14.5202,15.4183,15.6044,14.9824,14.7906,14.0142,13.2934,13.1108,13.1965,12.9404,12.4195,12.1834,12.2113,11.5089,10.8566,10.3781,10.2169,10.9178,12.1475,11.8834,11.7057,11.6051,10.9037,11.5583,12.1661,12.1769,11.3325,10.5484,11.042,11.6468,11.1982,10.7816,10.0591,10.1263,9.9855,11.7182,13.3272,13.0044,12.6002,12.2249,11.799,11.6291,12.8352,14.6775,16.5722,18.8054,20.879,22.5193,24.1757,25.8905,27.8346,29.9302,31.8762,33.4754,35.1275,35.6689,36.321,35.9971,34.7079,33.3387,31.9875,30.9734,30.0318,29.0826,27.5714],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[25.8404,26.7084,32.2145,32.3712,32.4621,31.2166,27.7433,26.8664,30.2227,27.4736,26.374,24.2719,21.3586,21.1543,20.3823,19.4978,24.972,23.2098,21.9682,20.9949,18.7128,17.1082,20.8851,23.4944,23.0596,21.5753,23.4276,28.0389,30.2912,26.3886,25.1228,22.1842,21.156,18.9331,19.385,18.3211,17.2246,16.6879,15.6157,14.1124,13.6213,15.5701,18.5527,17.6897,22.1111,20.8249,19.3947,18.7316,19.5128,19.3989,18.7692,17.7728,19.8005,18.2997,17.0356,15.8729,14.516,13.7862,18.9444,17.2101,15.9519,18.066,16.5184,15.6739,17.3756,20.1688,19.4927,17.6597,16.0054,20.1322,19.5156,20.7051,19.1177,19.099,15.8331,14.8228,21.4471,26.5559,24.607,22.9122,20.0411,17.5925,15.9115,15.1268,13.5954,12.4782,13.3467,12.7642,12.3483,11.7042,10.8521,10.4074,10.8788,10.3818,14.0516,13.1999,16.0711,19.9741,19.4864,18.5866,17.3143,16.1878,15.6283,17.6784],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[11.7483,11.3547,10.4436,9.8242,9.1663,8.8146,14.1183,14.5086,13.6064,20.8818,20.046,21.878,26.8268,23.9085,22.947,22.1248,19.8047,19.5796,21.4003,23.1041,29.6867,29.4797,27.041,25.1186,23.8361,23.5031,21.0844,19.263,17.4347,18.2617,17.3857,22.5354,19.7423,26.5204,24.224,22.8944,21.9162,20.6357,20.5384,24.6014,23.7453,22.4171,21.3007,22.6504,20.4421,19.253,24.0604,24.988,23.6629,21.721,22.5337,22.8853,20.7648,19.1909,18.5135,18.6789,21.7871,24.5804,22.4413,20.7795,19.6146,18.7226,24.8128,23.5442,22.257,20.0261,19.3547,25.1308,23.7638,22.4152,21.7287,20.4309,23.8439,22.4902,32.3242,30.2617,25.5902,22.9214,21.2392,20.2119,24.2097,31.6273,35.9407,36.3279,38.5309,35.3645,34.1866,34.2566,35.3127,38.2165,39.8272,38.1951,36.6949,37.4662,34.9998,34.6241,31.0493,28.7122,26.657,24.8508,24.8083,23.1943,21.914,20.7217],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]}]},"canonical_url":"https://sharemaestro.com/terminal/c99a87f4-42d9-4ef9-b895-c1b8b31e9bdd/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/c99a87f4-42d9-4ef9-b895-c1b8b31e9bdd/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/c99a87f4-42d9-4ef9-b895-c1b8b31e9bdd/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/c99a87f4-42d9-4ef9-b895-c1b8b31e9bdd/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/c99a87f4-42d9-4ef9-b895-c1b8b31e9bdd/technical-pack/data.json"},"source_fingerprint":"3ffb32f10e476c2031aebb478e8b1aec7d5b4a89ff2922cba83aae2e92753b96","content_hash":"5bbeb6c657a333b4e2341451607a6d26a680b405dd3f265485bf71337110262a","citation":"Sharemaestro, MKC Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/c99a87f4-42d9-4ef9-b895-c1b8b31e9bdd/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."}