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Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-3.5,"medianReturn":-3.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.6,"sample":1},{"week":2,"averageReturn":1.6,"sample":1},{"week":3,"averageReturn":-3.5,"sample":1},{"week":4,"averageReturn":-3.5,"sample":1},{"week":5,"averageReturn":-4.0,"sample":1},{"week":6,"averageReturn":1.0,"sample":1},{"week":7,"averageReturn":3.2,"sample":1},{"week":8,"averageReturn":0.3,"sample":1},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Evidence aligned","tone":"positive","headline":"Price and Market Dynamics remain aligned upward","use":"The advance retains underlying support while price structure and Market Dynamics remain intact.","confirm":"The advance is confirmed on the completed evidence, while extension and reversal risk still require monitoring.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":100.0,"averageReturn":3.0,"sample":1},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"priceContext":{"label":"Price structure is upward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Trend participation","title":"Let confirmation support the position, then manage extension","tone":"positive","approach":"This is most useful for holding or selectively adding to an established upward case. Risk should still tighten as price becomes extended; confirmation is support, not immunity from reversal.","finding":"In this ticker's completed record, 100.0% of comparable cases moved higher after 12 weeks, with an average move of 3.0% across 1 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 3.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 13.6% across 2 completed cases, with the largest move arriving after 6.5 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":"2026-05-01","price":11.108},{"date":"2026-06-26","price":11.856}],"reversal_warnings":[{"date":"2026-06-26","price":11.856}],"reversal_dangers":[{"date":"2026-07-03","price":11.93}]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[10.041,9.767,9.9765,10.096,10.114,10.075,10.187,10.654,10.701,10.585,10.894,10.7,10.613,10.8296,10.762,10.285,10.439,9.9665,10.62,10.73,10.553,10.584,10.721,10.648,10.836,10.718,10.481,10.17,9.6875,9.729,9.813,9.7435,9.837,9.6145,9.452,9.094,9.5195,10.058,10.835,10.882,11.108,8.5925,8.772,8.7885,9.071,9.091,8.978,12.384,11.856,11.93,12.051,11.441,11.44,11.378,11.971,12.235,11.891],"consensus":[100.0,-100.0,18.2131,100.0,41.1186,0.0,54.1628,74.3786,53.9681,12.0085,83.204,0.0,-10.2963,68.2787,-9.7843,-66.787,0.0,-74.6272,41.117,51.0161,-11.3625,24.2891,37.6363,-9.3153,37.4661,0.0,-44.2799,-69.5168,-80.4938,-49.1307,-25.9053,-31.619,0.0,-57.0269,-63.0029,-73.5277,8.8273,49.0993,71.473,48.7328,72.0564,-70.509,-24.1855,-23.3319,-9.5078,-25.324,-21.3396,44.3423,43.5741,42.9118,32.5539,0.0,0.0,0.0,55.4254,56.4188,2.7913],"supportDates":["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","2026-08-21"],"control":[0.0,44.973,67.3567,45.1864,8.1327,82.7631,0.0,-10.1718,66.3649,-8.2621,-55.3713,0.0,-73.6641,53.9327,53.5769,-21.6439,18.2402,52.0888,-13.6325,40.2572,0.0,-37.4867,-66.0328,-81.496,-49.719,-13.5217,-21.3507,0.0,-70.4677,-72.2186,-84.2527,24.8657,53.3134,84.0858,43.757,74.353,-61.6697,-11.8825,-7.9783,-11.0331,-45.8049,-31.2913,37.6597,43.7553,37.6223,16.9659,0.0,0.0,0.0,59.9466,50.0973,7.6318],"force":[0.0,69.2158,78.7515,33.2198,38.4659,89.3403,0.0,-53.9103,74.5417,-57.4686,-96.7207,0.0,-95.6797,69.9587,61.1147,-29.3367,29.6781,28.4123,-23.0691,24.4868,0.0,-73.9404,-94.5494,-96.4738,-23.541,-7.036,-4.9675,0.0,-42.9044,-47.3306,-60.4373,65.8537,62.3756,64.9031,33.7279,72.5299,-99.8335,-6.6914,-4.3296,-19.1438,-6.6834,-0.957,20.6671,8.7245,13.0575,2.8769,0.0,0.0,0.0,72.0577,60.7956,63.3814],"direction":[0.0,53.9131,79.2801,78.8246,71.0803,79.3247,0.0,-20.7142,65.9924,-22.5361,-58.4524,0.0,-60.6903,5.8693,40.8761,-13.2262,27.3528,27.7079,-5.4427,43.5472,0.0,-30.8575,-55.6182,-67.9342,-66.7369,-63.5875,-62.391,0.0,-51.7537,-63.6652,-70.6207,50.2353,34.8,61.7511,65.1373,69.0934,-59.6649,-60.3009,-60.6371,-53.4487,-15.232,-24.5253,68.8905,68.2597,70.2814,71.5665,0.0,0.0,0.0,38.378,60.517,46.0193],"intensity":[60.0,16.6667,100.0,75.0,22.2222,90.0,45.4545,8.3333,69.2308,42.8571,93.3333,37.5,88.2353,94.4444,78.9474,35.0,80.9524,72.7273,4.3478,37.5,20.0,73.0769,70.3704,92.8571,13.7931,56.6667,29.0323,9.375,60.6061,35.2941,77.1429,86.1111,94.5946,100.0,89.7436,55.0,100.0,100.0,4.6512,63.6364,57.7778,52.1739,100.0,89.5833,48.9796,24.0,94.1176,50.0,80.7692,84.6154,82.6923,59.6154],"confirmation":[29.6475,85.9309,92.0414,84.7713,35.2191,94.819,36.0793,31.7116,90.0692,32.0818,90.4581,25.4786,92.537,59.1745,84.5939,29.5154,76.0289,79.5423,49.8287,79.5511,28.884,83.177,91.0614,94.2298,82.933,54.3088,54.7957,7.3561,85.6134,87.5429,90.9665,37.7018,84.0522,90.4789,83.213,91.0375,91.5913,53.7466,30.4475,31.5867,52.5568,51.3892,81.5698,80.8789,80.9025,55.0837,33.9654,5.2331,27.9215,86.1741,86.2837,20.4835],"persistence":[50.0,57.1429,62.5,62.5,87.5,87.5,75.0,50.0,62.5,37.5,12.5,0.0,25.0,25.0,12.5,12.5,12.5,12.5,12.5,25.0,37.5,12.5,12.5,12.5,37.5,62.5,62.5,75.0,87.5,87.5,87.5,62.5,37.5,12.5,12.5,25.0,25.0,25.0,25.0,0.0,25.0,50.0,50.0,50.0,25.0,0.0,12.5,25.0,37.5,62.5,62.5,50.0],"assessmentRisk":[45.654,16.7195,12.3069,22.751,43.438,8.3099,13.2403,15.2583,7.8676,26.333,14.0559,28.1246,12.5384,41.4931,18.7395,23.9446,36.305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upward confirmation","headline":"The gauges support the upward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same upward assessment.","take":"Current assessment: upward pressure has broad support.","tone":"positive","supportedView":"Price structure and Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Broadly stable","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Developing","confirmationState":"Limited support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+2.8","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+7.6","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+63.4","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+46.0","detail":"Upward 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upward.","series":[{"label":"Close","values":[10.041,9.767,9.9765,10.096,10.114,10.075,10.187,10.654,10.701,10.585,10.894,10.7,10.613,10.8296,10.762,10.285,10.439,9.9665,10.62,10.73,10.553,10.584,10.721,10.648,10.836,10.718,10.481,10.17,9.6875,9.729,9.813,9.7435,9.837,9.6145,9.452,9.094,9.5195,10.058,10.835,10.882,11.108,8.5925,8.772,8.7885,9.071,9.091,8.978,12.384,11.856,11.93,12.051,11.441,11.44,11.378,11.971,12.235,11.891],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,10.0273,10.036,10.0634,10.1708,10.2672,10.325,10.4284,10.4778,10.5024,10.5619,10.5983,10.5413,10.5227,10.4216,10.4577,10.5072,10.5155,10.528,10.5631,10.5785,10.6253,10.6422,10.6129,10.5323,10.3787,10.2606,10.1792,10.1,10.0522,9.9726,9.8779,9.7354,9.6962,9.7619,9.957,10.1252,10.3039,9.9927,9.7708,9.5922,9.4974,9.4235,9.3425,9.8955,10.252,10.5571,10.8287,10.94,11.0309,11.094,11.2535,11.4319,11.5154],"stroke":"#176fa3","width":1.7},{"label":"Slow 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pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,800.0,0.0,0.0,0.0,0.0,361.8557,0.0,0.0,0.0,25.8883,0.0,0.0,15.1134,15.0,14.8883,14.7783,14.6699,28.9157,0.0,28.5036,41.6667,117.6471,0.0,0.0,0.0,125.0,0.0,0.0,0.0,133.3333,0.0,0.0,0.0,142.8571,0.0,1939.2866,5.0594,0.0,10.1189,0.0,409.4871,347.2105,0.0,34.4542,37.131,42.9157,833.6121,25.806,9.5913,26.3765],"stroke":"#1678a7","width":1.8},{"label":"Cumulative 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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 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geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,2.0386,2.0436,2.3204,2.4034,2.6762,2.7717,2.6358,2.5698,2.5514,2.4301,2.3076,2.2723,2.2932,2.3725,2.5457,2.8834,2.9685,2.8425,2.8357,2.8136,2.8384,2.8789,3.1218,3.1376,3.14,3.2188,3.1263,3.1011,6.2863,6.0374,5.8407,5.477,5.2059,4.9848,5.3259,5.5803,5.1938,4.861,5.2707,5.0614,5.2026,5.075,4.8379,4.9412],"stroke":"#c13f3f","width":1.9},{"label":"Envelope 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