{"schema_version":"1.0","name":"FFM Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"cfbec9d9-3697-4961-8589-0cd3bee8660f","symbol":"FFM","name":"FIREFLY METALS LTD","exchange":"TOR","country":"CA","asset_type":"equity","currency":"CAD","sector":"Basic Materials","industry":"Other Industrial Metals & Mining"},"summary":"Market Dynamics improved this week but remains below zero. The broader path has not changed enough to establish a new direction. The upward price structure is leading its underlying support.","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":87,"displayedObservations":87,"assetType":"Equity","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics improved this week but remains below zero. The broader path has not changed enough to establish a new direction. The upward price structure is leading its underlying support.","evidenceAlignment":{"status":"Price ahead of underlying support","headline":"The upward price response is leading Market Dynamics","summary":"Market Dynamics improved this week but remains below zero. The broader path has not changed enough to establish a new direction. The upward price structure is leading its underlying support.","take":"Treat the gap as an early-downside risk watch. Stronger Market Dynamics would confirm the price move; a weaker price response would confirm that the gap is closing through correction.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.575431,0.888904,0.943684,1.029311,1.107641,0.990181,0.864015,0.904596,1.072548,1.16531,1.233899,1.230549,1.28274,1.415861,1.458129,1.599164,1.555057,1.587926,1.681855,1.637219,1.481784,1.371729,1.226742,1.185434,1.296668,1.222985,1.174321,1.191579,1.086215,1.124232,1.037606,0.661829,0.28319,-0.091836,-0.06103,-0.097854,-0.049338,-0.113644,-0.408122,-0.482899,-0.34056,-0.233015,-0.124469,-0.085441,-0.084046,-0.075069,-0.119996,-0.043779,-0.161201,-0.171643,-0.122449,-0.202596,-0.2426,-0.417468,-0.636455,-0.78035,-0.876436,-0.747209,-0.661249],"opens":[0.93,0.98,1.01,1.06,1.05,0.97,1.01,1.07,1.11,1.12,1.08,1.12,1.15,1.2,1.18,1.25,1.48,1.61,1.81,1.78,1.7,1.58,1.8,1.65,1.87,1.86,1.89,1.88,1.89,1.91,2.1,1.89,1.87,1.76,1.92,2.18,1.7,1.59,1.48,1.6,1.65,1.99,2.08,2.16,1.88,1.93,1.95,1.99,2.05,1.9,1.87,1.7,1.85,1.72,1.74,1.63,1.7,1.7,1.93],"highs":[0.98,1.14,1.11,1.09,1.05,1.04,1.1,1.12,1.21,1.17,1.16,1.13,1.22,1.22,1.24,1.59,1.49,1.82,1.81,1.78,1.7,1.79,1.81,1.855,1.88,1.94,1.92,1.95,2.15,2.13,2.28,2.24,2.03,2.03,2.22,2.28,1.89,1.65,1.69,1.82,2.045,2.15,2.14,2.17,1.99,2.18,1.96,2.12,2.05,1.93,1.94,1.75,1.925,1.78,1.82,1.8,1.74,1.93,2.01],"lows":[0.92,0.95,0.95,1.01,0.95,0.9,0.99,1.05,1.06,1.07,1.05,1.04,1.12,1.13,1.16,1.18,1.37,1.53,1.54,1.55,1.5,1.55,1.55,1.61,1.62,1.86,1.8,1.8,1.82,1.88,1.86,1.75,1.78,1.69,1.91,1.75,1.59,1.41,1.44,1.53,1.605,1.96,1.96,1.79,1.74,1.9,1.77,1.94,1.9,1.86,1.83,1.68,1.85,1.72,1.61,1.6,1.62,1.7,1.85],"closes":[0.95,1.02,1.07,1.05,0.95,0.99,1.04,1.1,1.15,1.08,1.09,1.115,1.18,1.17,1.17,1.4,1.49,1.79,1.56,1.61,1.55,1.79,1.6,1.83,1.8,1.89,1.85,1.91,1.9,2.07,1.87,1.85,1.78,1.96,2.22,1.8,1.61,1.45,1.59,1.7,2.03,2.11,2.12,1.87,1.95,2.02,1.93,2.05,1.96,1.93,1.94,1.73,1.88,1.77,1.67,1.62,1.68,1.92,1.85],"hoverRows":[[{"label":"Open","value":"0.93","className":"is-ohlc","compact":true},{"label":"High","value":"0.98","className":"is-ohlc","compact":true},{"label":"Low","value":"0.92","className":"is-ohlc","compact":true},{"label":"Close","value":"0.95","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.58","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.98","className":"is-ohlc","compact":true},{"label":"High","value":"1.14","className":"is-ohlc","compact":true},{"label":"Low","value":"0.95","className":"is-ohlc","compact":true},{"label":"Close","value":"1.02","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.89","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.01","className":"is-ohlc","compact":true},{"label":"High","value":"1.11","className":"is-ohlc","compact":true},{"label":"Low","value":"0.95","className":"is-ohlc","compact":true},{"label":"Close","value":"1.07","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.94","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.06","className":"is-ohlc","compact":true},{"label":"High","value":"1.09","className":"is-ohlc","compact":true},{"label":"Low","value":"1.01","className":"is-ohlc","compact":true},{"label":"Close","value":"1.05","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.03","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.05","className":"is-ohlc","compact":true},{"label":"High","value":"1.05","className":"is-ohlc","compact":true},{"label":"Low","value":"0.95","className":"is-ohlc","compact":true},{"label":"Close","value":"0.95","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.11","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.97","className":"is-ohlc","compact":true},{"label":"High","value":"1.04","className":"is-ohlc","compact":true},{"label":"Low","value":"0.90","className":"is-ohlc","compact":true},{"label":"Close","value":"0.99","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.99","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.01","className":"is-ohlc","compact":true},{"label":"High","value":"1.10","className":"is-ohlc","compact":true},{"label":"Low","value":"0.99","className":"is-ohlc","compact":true},{"label":"Close","value":"1.04","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.86","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.07","className":"is-ohlc","compact":true},{"label":"High","value":"1.12","className":"is-ohlc","compact":true},{"label":"Low","value":"1.05","className":"is-ohlc","compact":true},{"label":"Close","value":"1.10","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.90","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"1.11","className":"is-ohlc","compact":true},{"label":"High","value":"1.21","className":"is-ohlc","compact":true},{"label":"Low","value":"1.06","className":"is-ohlc","compact":true},{"label":"Close","value":"1.15","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.07","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.12","className":"is-ohlc","compact":true},{"label":"High","value":"1.17","className":"is-ohlc","compact":true},{"label":"Low","value":"1.07","className":"is-ohlc","compact":true},{"label":"Close","value":"1.08","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.17","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.08","className":"is-ohlc","compact":true},{"label":"High","value":"1.16","className":"is-ohlc","compact":true},{"label":"Low","value":"1.05","className":"is-ohlc","compact":true},{"label":"Close","value":"1.09","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.23","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"1.12","className":"is-ohlc","compact":true},{"label":"High","value":"1.13","className":"is-ohlc","compact":true},{"label":"Low","value":"1.04","className":"is-ohlc","compact":true},{"label":"Close","value":"1.11","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.23","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.15","className":"is-ohlc","compact":true},{"label":"High","value":"1.22","className":"is-ohlc","compact":true},{"label":"Low","value":"1.12","className":"is-ohlc","compact":true},{"label":"Close","value":"1.18","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.28","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.20","className":"is-ohlc","compact":true},{"label":"High","value":"1.22","className":"is-ohlc","compact":true},{"label":"Low","value":"1.13","className":"is-ohlc","compact":true},{"label":"Close","value":"1.17","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.42","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.18","className":"is-ohlc","compact":true},{"label":"High","value":"1.24","className":"is-ohlc","compact":true},{"label":"Low","value":"1.16","className":"is-ohlc","compact":true},{"label":"Close","value":"1.17","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.46","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.25","className":"is-ohlc","compact":true},{"label":"High","value":"1.59","className":"is-ohlc","compact":true},{"label":"Low","value":"1.18","className":"is-ohlc","compact":true},{"label":"Close","value":"1.40","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.60","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.48","className":"is-ohlc","compact":true},{"label":"High","value":"1.49","className":"is-ohlc","compact":true},{"label":"Low","value":"1.37","className":"is-ohlc","compact":true},{"label":"Close","value":"1.49","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.56","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.61","className":"is-ohlc","compact":true},{"label":"High","value":"1.82","className":"is-ohlc","compact":true},{"label":"Low","value":"1.53","className":"is-ohlc","compact":true},{"label":"Close","value":"1.79","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.59","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.81","className":"is-ohlc","compact":true},{"label":"High","value":"1.81","className":"is-ohlc","compact":true},{"label":"Low","value":"1.54","className":"is-ohlc","compact":true},{"label":"Close","value":"1.56","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.68","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.78","className":"is-ohlc","compact":true},{"label":"High","value":"1.78","className":"is-ohlc","compact":true},{"label":"Low","value":"1.55","className":"is-ohlc","compact":true},{"label":"Close","value":"1.61","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.64","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.70","className":"is-ohlc","compact":true},{"label":"High","value":"1.70","className":"is-ohlc","compact":true},{"label":"Low","value":"1.50","className":"is-ohlc","compact":true},{"label":"Close","value":"1.55","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.48","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.58","className":"is-ohlc","compact":true},{"label":"High","value":"1.79","className":"is-ohlc","compact":true},{"label":"Low","value":"1.55","className":"is-ohlc","compact":true},{"label":"Close","value":"1.79","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.37","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.80","className":"is-ohlc","compact":true},{"label":"High","value":"1.81","className":"is-ohlc","compact":true},{"label":"Low","value":"1.55","className":"is-ohlc","compact":true},{"label":"Close","value":"1.60","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.23","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.65","className":"is-ohlc","compact":true},{"label":"High","value":"1.85","className":"is-ohlc","compact":true},{"label":"Low","value":"1.61","className":"is-ohlc","compact":true},{"label":"Close","value":"1.83","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.19","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.87","className":"is-ohlc","compact":true},{"label":"High","value":"1.88","className":"is-ohlc","compact":true},{"label":"Low","value":"1.62","className":"is-ohlc","compact":true},{"label":"Close","value":"1.80","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.30","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.86","className":"is-ohlc","compact":true},{"label":"High","value":"1.94","className":"is-ohlc","compact":true},{"label":"Low","value":"1.86","className":"is-ohlc","compact":true},{"label":"Close","value":"1.89","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.22","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.89","className":"is-ohlc","compact":true},{"label":"High","value":"1.92","className":"is-ohlc","compact":true},{"label":"Low","value":"1.80","className":"is-ohlc","compact":true},{"label":"Close","value":"1.85","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.17","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.88","className":"is-ohlc","compact":true},{"label":"High","value":"1.95","className":"is-ohlc","compact":true},{"label":"Low","value":"1.80","className":"is-ohlc","compact":true},{"label":"Close","value":"1.91","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.19","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.89","className":"is-ohlc","compact":true},{"label":"High","value":"2.15","className":"is-ohlc","compact":true},{"label":"Low","value":"1.82","className":"is-ohlc","compact":true},{"label":"Close","value":"1.90","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.09","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.91","className":"is-ohlc","compact":true},{"label":"High","value":"2.13","className":"is-ohlc","compact":true},{"label":"Low","value":"1.88","className":"is-ohlc","compact":true},{"label":"Close","value":"2.07","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.12","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.10","className":"is-ohlc","compact":true},{"label":"High","value":"2.28","className":"is-ohlc","compact":true},{"label":"Low","value":"1.86","className":"is-ohlc","compact":true},{"label":"Close","value":"1.87","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.04","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.89","className":"is-ohlc","compact":true},{"label":"High","value":"2.24","className":"is-ohlc","compact":true},{"label":"Low","value":"1.75","className":"is-ohlc","compact":true},{"label":"Close","value":"1.85","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.66","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.87","className":"is-ohlc","compact":true},{"label":"High","value":"2.03","className":"is-ohlc","compact":true},{"label":"Low","value":"1.78","className":"is-ohlc","compact":true},{"label":"Close","value":"1.78","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.28","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.76","className":"is-ohlc","compact":true},{"label":"High","value":"2.03","className":"is-ohlc","compact":true},{"label":"Low","value":"1.69","className":"is-ohlc","compact":true},{"label":"Close","value":"1.96","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.09","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.92","className":"is-ohlc","compact":true},{"label":"High","value":"2.22","className":"is-ohlc","compact":true},{"label":"Low","value":"1.91","className":"is-ohlc","compact":true},{"label":"Close","value":"2.22","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.06","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"2.18","className":"is-ohlc","compact":true},{"label":"High","value":"2.28","className":"is-ohlc","compact":true},{"label":"Low","value":"1.75","className":"is-ohlc","compact":true},{"label":"Close","value":"1.80","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.10","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"1.70","className":"is-ohlc","compact":true},{"label":"High","value":"1.89","className":"is-ohlc","compact":true},{"label":"Low","value":"1.59","className":"is-ohlc","compact":true},{"label":"Close","value":"1.61","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.05","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.59","className":"is-ohlc","compact":true},{"label":"High","value":"1.65","className":"is-ohlc","compact":true},{"label":"Low","value":"1.41","className":"is-ohlc","compact":true},{"label":"Close","value":"1.45","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.11","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.48","className":"is-ohlc","compact":true},{"label":"High","value":"1.69","className":"is-ohlc","compact":true},{"label":"Low","value":"1.44","className":"is-ohlc","compact":true},{"label":"Close","value":"1.59","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.41","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.60","className":"is-ohlc","compact":true},{"label":"High","value":"1.82","className":"is-ohlc","compact":true},{"label":"Low","value":"1.53","className":"is-ohlc","compact":true},{"label":"Close","value":"1.70","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.48","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.65","className":"is-ohlc","compact":true},{"label":"High","value":"2.04","className":"is-ohlc","compact":true},{"label":"Low","value":"1.60","className":"is-ohlc","compact":true},{"label":"Close","value":"2.03","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.34","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.99","className":"is-ohlc","compact":true},{"label":"High","value":"2.15","className":"is-ohlc","compact":true},{"label":"Low","value":"1.96","className":"is-ohlc","compact":true},{"label":"Close","value":"2.11","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.23","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.08","className":"is-ohlc","compact":true},{"label":"High","value":"2.14","className":"is-ohlc","compact":true},{"label":"Low","value":"1.96","className":"is-ohlc","compact":true},{"label":"Close","value":"2.12","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.12","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.16","className":"is-ohlc","compact":true},{"label":"High","value":"2.17","className":"is-ohlc","compact":true},{"label":"Low","value":"1.79","className":"is-ohlc","compact":true},{"label":"Close","value":"1.87","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.09","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.88","className":"is-ohlc","compact":true},{"label":"High","value":"1.99","className":"is-ohlc","compact":true},{"label":"Low","value":"1.74","className":"is-ohlc","compact":true},{"label":"Close","value":"1.95","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.08","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.93","className":"is-ohlc","compact":true},{"label":"High","value":"2.18","className":"is-ohlc","compact":true},{"label":"Low","value":"1.90","className":"is-ohlc","compact":true},{"label":"Close","value":"2.02","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.08","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.95","className":"is-ohlc","compact":true},{"label":"High","value":"1.96","className":"is-ohlc","compact":true},{"label":"Low","value":"1.77","className":"is-ohlc","compact":true},{"label":"Close","value":"1.93","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.12","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.99","className":"is-ohlc","compact":true},{"label":"High","value":"2.12","className":"is-ohlc","compact":true},{"label":"Low","value":"1.94","className":"is-ohlc","compact":true},{"label":"Close","value":"2.05","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.04","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.05","className":"is-ohlc","compact":true},{"label":"High","value":"2.05","className":"is-ohlc","compact":true},{"label":"Low","value":"1.90","className":"is-ohlc","compact":true},{"label":"Close","value":"1.96","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.16","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.90","className":"is-ohlc","compact":true},{"label":"High","value":"1.93","className":"is-ohlc","compact":true},{"label":"Low","value":"1.86","className":"is-ohlc","compact":true},{"label":"Close","value":"1.93","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.17","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.87","className":"is-ohlc","compact":true},{"label":"High","value":"1.94","className":"is-ohlc","compact":true},{"label":"Low","value":"1.83","className":"is-ohlc","compact":true},{"label":"Close","value":"1.94","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.12","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.70","className":"is-ohlc","compact":true},{"label":"High","value":"1.75","className":"is-ohlc","compact":true},{"label":"Low","value":"1.68","className":"is-ohlc","compact":true},{"label":"Close","value":"1.73","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.20","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.85","className":"is-ohlc","compact":true},{"label":"High","value":"1.93","className":"is-ohlc","compact":true},{"label":"Low","value":"1.85","className":"is-ohlc","compact":true},{"label":"Close","value":"1.88","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.24","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.72","className":"is-ohlc","compact":true},{"label":"High","value":"1.78","className":"is-ohlc","compact":true},{"label":"Low","value":"1.72","className":"is-ohlc","compact":true},{"label":"Close","value":"1.77","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.42","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.74","className":"is-ohlc","compact":true},{"label":"High","value":"1.82","className":"is-ohlc","compact":true},{"label":"Low","value":"1.61","className":"is-ohlc","compact":true},{"label":"Close","value":"1.67","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.64","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.63","className":"is-ohlc","compact":true},{"label":"High","value":"1.80","className":"is-ohlc","compact":true},{"label":"Low","value":"1.60","className":"is-ohlc","compact":true},{"label":"Close","value":"1.62","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.78","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.70","className":"is-ohlc","compact":true},{"label":"High","value":"1.74","className":"is-ohlc","compact":true},{"label":"Low","value":"1.62","className":"is-ohlc","compact":true},{"label":"Close","value":"1.68","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.88","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.70","className":"is-ohlc","compact":true},{"label":"High","value":"1.93","className":"is-ohlc","compact":true},{"label":"Low","value":"1.70","className":"is-ohlc","compact":true},{"label":"Close","value":"1.92","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.75","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.93","className":"is-ohlc","compact":true},{"label":"High","value":"2.01","className":"is-ohlc","compact":true},{"label":"Low","value":"1.85","className":"is-ohlc","compact":true},{"label":"Close","value":"1.85","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.66","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[0.8738,2.2962],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.661249,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"strengthening","fourWeekDirection":"steady","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"price":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Price response ahead of support","detail":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","annotations":[{"label":"Current tape relationship","value":"Price response ahead of support","detail":"Market Dynamics improved this week but remains below zero.","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":"12 Sep 2025","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Lagging price","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":59,"relationship":{"sameWeekCorrelation":0.15,"forwardCorrelation":0.31,"directionalAgreement":45.3,"sample":53,"correlationSample":58,"label":"Variable relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":4.0,"medianWeeksInZone":4.0,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"medianReturn":4.2,"averageReturn":4.2,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":45.0,"averageReturn":45.0,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":80.7,"averageReturn":80.7,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":4.1,"sample":2},{"week":2,"averageReturn":7.9,"sample":2},{"week":3,"averageReturn":9.9,"sample":2},{"week":4,"averageReturn":4.2,"sample":2},{"week":5,"averageReturn":6.3,"sample":2},{"week":6,"averageReturn":19.6,"sample":2},{"week":7,"averageReturn":26.9,"sample":2},{"week":8,"averageReturn":43.4,"sample":2},{"week":9,"averageReturn":29.1,"sample":2},{"week":10,"averageReturn":31.9,"sample":2},{"week":11,"averageReturn":30.4,"sample":2},{"week":12,"averageReturn":45.0,"sample":2},{"week":13,"averageReturn":35.7,"sample":2},{"week":14,"averageReturn":46.3,"sample":2},{"week":15,"averageReturn":57.0,"sample":2},{"week":16,"averageReturn":65.9,"sample":2},{"week":17,"averageReturn":79.9,"sample":2},{"week":18,"averageReturn":70.5,"sample":2},{"week":19,"averageReturn":72.7,"sample":2},{"week":20,"averageReturn":77.4,"sample":2},{"week":21,"averageReturn":80.8,"sample":2},{"week":22,"averageReturn":69.9,"sample":2},{"week":23,"averageReturn":78.7,"sample":2},{"week":24,"averageReturn":85.5,"sample":2},{"week":25,"averageReturn":102.3,"sample":2},{"week":26,"averageReturn":80.7,"sample":2}]},"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":-16.3,"averageReturn":-16.3,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-14.6,"averageReturn":-14.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-9.2,"sample":2},{"week":2,"averageReturn":-19.4,"sample":2},{"week":3,"averageReturn":-21.1,"sample":2},{"week":4,"averageReturn":-16.3,"sample":2},{"week":5,"averageReturn":-16.0,"sample":2},{"week":6,"averageReturn":-5.7,"sample":2},{"week":7,"averageReturn":-6.0,"sample":2},{"week":8,"averageReturn":-6.5,"sample":2},{"week":9,"averageReturn":-11.9,"sample":2},{"week":10,"averageReturn":-15.1,"sample":2},{"week":11,"averageReturn":-10.0,"sample":2},{"week":12,"averageReturn":-14.6,"sample":2},{"week":13,"averageReturn":-14.3,"sample":2},{"week":14,"averageReturn":-17.5,"sample":2},{"week":15,"averageReturn":-16.7,"sample":2},{"week":16,"averageReturn":-10.8,"sample":2},{"week":17,"averageReturn":-17.2,"sample":2},{"week":18,"averageReturn":-15.3,"sample":1},{"week":19,"averageReturn":-20.3,"sample":1},{"week":20,"averageReturn":-24.8,"sample":1},{"week":21,"averageReturn":-27.0,"sample":1},{"week":22,"averageReturn":-24.3,"sample":1},{"week":23,"averageReturn":-13.5,"sample":1},{"week":24,"averageReturn":-16.7,"sample":1},{"week":25,"sample":0},{"week":26,"sample":0}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":59.8,"averageExpectedMove":59.8,"averageWeeksToLargestMove":11.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":11.2,"medianReturn":11.2,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":51.6,"medianReturn":51.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":87.5,"medianReturn":87.5,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":4.4,"sample":2},{"week":2,"averageReturn":3.8,"sample":2},{"week":3,"averageReturn":7.4,"sample":2},{"week":4,"averageReturn":11.2,"sample":2},{"week":5,"averageReturn":10.5,"sample":2},{"week":6,"averageReturn":10.6,"sample":2},{"week":7,"averageReturn":11.9,"sample":2},{"week":8,"averageReturn":25.7,"sample":2},{"week":9,"averageReturn":29.3,"sample":2},{"week":10,"averageReturn":42.9,"sample":2},{"week":11,"averageReturn":44.6,"sample":2},{"week":12,"averageReturn":51.6,"sample":2},{"week":13,"averageReturn":64.7,"sample":2},{"week":14,"averageReturn":63.5,"sample":2},{"week":15,"averageReturn":57.5,"sample":2},{"week":16,"averageReturn":64.8,"sample":2},{"week":17,"averageReturn":76.0,"sample":2},{"week":18,"averageReturn":70.1,"sample":2},{"week":19,"averageReturn":80.4,"sample":2},{"week":20,"averageReturn":81.6,"sample":2},{"week":21,"averageReturn":85.8,"sample":2},{"week":22,"averageReturn":91.5,"sample":2},{"week":23,"averageReturn":85.5,"sample":2},{"week":24,"averageReturn":84.1,"sample":2},{"week":25,"averageReturn":89.9,"sample":2},{"week":26,"averageReturn":87.5,"sample":2}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":5,"completedEpisodes":3,"activeEpisodes":2,"medianExpectedMove":19.4,"averageExpectedMove":20.8,"averageWeeksToLargestMove":5.7,"horizons":[{"weeks":4,"sample":5,"expectedCount":4,"expectedPercent":80.0,"averageReturn":-9.1,"medianReturn":-6.4,"confidenceLow":37.6,"confidenceHigh":96.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":1,"expectedPercent":33.3,"averageReturn":1.0,"medianReturn":3.1,"confidenceLow":6.1,"confidenceHigh":79.2,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.1,"sample":5},{"week":2,"averageReturn":-7.3,"sample":5},{"week":3,"averageReturn":-6.1,"sample":5},{"week":4,"averageReturn":-9.1,"sample":5},{"week":5,"averageReturn":-4.7,"sample":5},{"week":6,"averageReturn":-0.3,"sample":5},{"week":7,"averageReturn":0.8,"sample":5},{"week":8,"averageReturn":1.9,"sample":4},{"week":9,"averageReturn":0.8,"sample":4},{"week":10,"averageReturn":-2.2,"sample":3},{"week":11,"averageReturn":-3.4,"sample":3},{"week":12,"averageReturn":1.0,"sample":3},{"week":13,"averageReturn":1.9,"sample":3},{"week":14,"averageReturn":2.2,"sample":3},{"week":15,"averageReturn":3.9,"sample":2},{"week":16,"averageReturn":-2.7,"sample":2},{"week":17,"averageReturn":1.7,"sample":2},{"week":18,"averageReturn":-6.7,"sample":2},{"week":19,"averageReturn":-5.7,"sample":2},{"week":20,"averageReturn":-9.8,"sample":2},{"week":21,"averageReturn":-10.7,"sample":2},{"week":22,"averageReturn":-5.3,"sample":2},{"week":23,"averageReturn":-5.8,"sample":2},{"week":24,"averageReturn":-2.0,"sample":1},{"week":25,"averageReturn":-5.6,"sample":1},{"week":26,"sample":0}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":5,"completedEpisodes":2,"activeEpisodes":3,"medianExpectedMove":24.7,"averageExpectedMove":24.7,"averageWeeksToLargestMove":7.0,"horizons":[{"weeks":4,"sample":4,"expectedCount":4,"expectedPercent":100.0,"averageReturn":-15.5,"medianReturn":-14.8,"confidenceLow":51.0,"confidenceHigh":100.0,"confidence":"Historically consistent"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-10.2,"medianReturn":-10.2,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-6.8,"sample":5},{"week":2,"averageReturn":-8.0,"sample":4},{"week":3,"averageReturn":-14.2,"sample":4},{"week":4,"averageReturn":-15.5,"sample":4},{"week":5,"averageReturn":-12.2,"sample":4},{"week":6,"averageReturn":-10.1,"sample":4},{"week":7,"averageReturn":-5.9,"sample":4},{"week":8,"averageReturn":-8.4,"sample":4},{"week":9,"averageReturn":-12.9,"sample":3},{"week":10,"averageReturn":-7.6,"sample":3},{"week":11,"averageReturn":-11.2,"sample":3},{"week":12,"averageReturn":-10.2,"sample":2},{"week":13,"averageReturn":-10.2,"sample":2},{"week":14,"averageReturn":-14.7,"sample":2},{"week":15,"averageReturn":-16.6,"sample":2},{"week":16,"averageReturn":-14.9,"sample":2},{"week":17,"averageReturn":-13.7,"sample":2},{"week":18,"averageReturn":-12.1,"sample":2},{"week":19,"averageReturn":-20.3,"sample":1},{"week":20,"averageReturn":-24.8,"sample":1},{"week":21,"averageReturn":-27.0,"sample":1},{"week":22,"averageReturn":-24.3,"sample":1},{"week":23,"averageReturn":-13.5,"sample":1},{"week":24,"averageReturn":-16.7,"sample":1},{"week":25,"sample":0},{"week":26,"sample":0}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":50.4,"averageExpectedMove":50.4,"averageWeeksToLargestMove":7.5,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":3.2,"medianReturn":3.2,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":40.9,"medianReturn":40.9,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":45.3,"medianReturn":45.3,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.6,"sample":2},{"week":2,"averageReturn":8.5,"sample":2},{"week":3,"averageReturn":18.1,"sample":2},{"week":4,"averageReturn":3.2,"sample":2},{"week":5,"averageReturn":-1.4,"sample":2},{"week":6,"averageReturn":-4.5,"sample":2},{"week":7,"averageReturn":2.6,"sample":2},{"week":8,"averageReturn":5.0,"sample":2},{"week":9,"averageReturn":14.0,"sample":2},{"week":10,"averageReturn":27.7,"sample":2},{"week":11,"averageReturn":32.5,"sample":2},{"week":12,"averageReturn":40.9,"sample":2},{"week":13,"averageReturn":31.5,"sample":2},{"week":14,"averageReturn":35.9,"sample":2},{"week":15,"averageReturn":30.4,"sample":2},{"week":16,"averageReturn":45.8,"sample":2},{"week":17,"averageReturn":33.8,"sample":2},{"week":18,"averageReturn":44.6,"sample":2},{"week":19,"averageReturn":43.3,"sample":2},{"week":20,"averageReturn":42.2,"sample":2},{"week":21,"averageReturn":44.2,"sample":2},{"week":22,"averageReturn":44.3,"sample":2},{"week":23,"averageReturn":41.1,"sample":2},{"week":24,"averageReturn":48.3,"sample":2},{"week":25,"averageReturn":39.8,"sample":2},{"week":26,"averageReturn":45.3,"sample":2}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":34.7,"averageExpectedMove":34.7,"averageWeeksToLargestMove":3.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-28.4,"medianReturn":-28.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-13.1,"medianReturn":-13.1,"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":-18.9,"sample":1},{"week":2,"averageReturn":-27.5,"sample":1},{"week":3,"averageReturn":-34.7,"sample":1},{"week":4,"averageReturn":-28.4,"sample":1},{"week":5,"averageReturn":-23.4,"sample":1},{"week":6,"averageReturn":-8.6,"sample":1},{"week":7,"averageReturn":-5.0,"sample":1},{"week":8,"averageReturn":-4.5,"sample":1},{"week":9,"averageReturn":-15.8,"sample":1},{"week":10,"averageReturn":-12.2,"sample":1},{"week":11,"averageReturn":-9.0,"sample":1},{"week":12,"averageReturn":-13.1,"sample":1},{"week":13,"averageReturn":-7.7,"sample":1},{"week":14,"averageReturn":-11.7,"sample":1},{"week":15,"averageReturn":-13.1,"sample":1},{"week":16,"averageReturn":-12.6,"sample":1},{"week":17,"averageReturn":-22.1,"sample":1},{"week":18,"averageReturn":-15.3,"sample":1},{"week":19,"averageReturn":-20.3,"sample":1},{"week":20,"averageReturn":-24.8,"sample":1},{"week":21,"averageReturn":-27.0,"sample":1},{"week":22,"averageReturn":-24.3,"sample":1},{"week":23,"averageReturn":-13.5,"sample":1},{"week":24,"averageReturn":-16.7,"sample":1},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Price ahead of underlying support","tone":"caution","headline":"Price is leading its underlying support","use":"Market Dynamics must catch up or price may correct toward the weaker underlying position.","confirm":"Treat the gap as an early-downside risk watch. Stronger Market Dynamics would confirm the price move; a weaker price response would confirm that the gap is closing through correction.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":100.0,"averageReturn":-10.2,"sample":2},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"priceContext":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 100.0% of comparable cases moved lower after 12 weeks, with an average move of -10.2% across 2 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 2 cases. Distinct visits lasted 4.0 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 24.7% across 2 completed cases, with the largest move arriving after 7.0 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":"2025-08-22","price":1.1},{"date":"2025-09-12","price":1.09}],"reversal_warnings":[{"date":"2026-02-27","price":2.22}],"reversal_dangers":[{"date":"2026-03-06","price":1.8}]}},"smTape":{"available":true,"dates":["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":[0.9,0.9,0.9,0.9,0.9,0.82,0.8,0.84,0.97,0.91,0.91,0.95,0.93,0.95,0.97,0.74,0.7,0.7,0.8,0.72,0.84,0.86,0.88,0.96,0.96,0.99,0.96,0.94,0.95,1.02,1.07,1.05,0.95,0.99,1.04,1.1,1.15,1.08,1.09,1.115,1.18,1.17,1.17,1.4,1.49,1.79,1.56,1.61,1.55,1.79,1.6,1.83,1.8,1.89,1.85,1.91,1.9,2.07,1.87,1.85,1.78,1.96,2.22,1.8,1.61,1.45,1.59,1.7,2.03,2.11,2.12,1.87,1.95,2.02,1.93,2.05,1.96,1.93,1.94,1.73,1.88,1.77,1.67,1.62,1.68,1.92,1.85],"consensus":[-100.0,-100.0,0.0,58.0,0.0,-56.9897,-37.5242,10.1875,65.9583,0.0,11.6632,44.6507,0.0,24.6234,28.6581,-71.6542,-42.0455,-36.0884,10.9101,-46.9135,41.2516,24.5089,29.8135,51.9206,23.2937,36.8799,8.9812,0.0,13.2698,38.7022,47.7364,20.4919,-34.8187,16.0851,19.9478,39.6646,45.2372,-8.3524,16.6147,26.8709,45.1044,17.7612,14.4756,65.5459,64.6621,83.7397,0.0,31.7676,0.0,62.9167,-14.6007,71.0903,25.8071,38.8427,22.7026,45.1993,18.4932,59.2338,-23.8121,0.0,-21.7502,30.2314,63.6383,-42.5951,-48.4778,-55.3844,-8.5983,0.0,58.9088,43.8331,37.0708,-24.0733,18.2953,13.2384,0.0,28.583,-9.3511,0.0,12.782,-32.7162,0.0,-16.9869,-40.3208,-34.8453,-15.8595,44.3065,-8.3356],"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":[45.2437,40.0924,-14.0108,12.5183,29.4441,41.9669,13.6276,5.6908,56.7061,69.5805,85.7531,0.0,17.8934,0.0,79.7275,-17.8446,71.0596,22.6238,37.7335,16.0807,45.3239,13.1807,61.6844,-25.5101,0.0,-21.6862,40.6133,68.7704,-41.4889,-45.3313,-54.8271,-3.112,0.0,54.1714,45.7486,38.4924,-30.3243,23.4885,18.8334,0.0,28.2331,-10.8505,0.0,20.898,-25.9098,0.0,-9.0471,-37.7576,-37.3658,-10.4782,47.7811,-20.2189],"force":[32.7247,42.9517,-56.5299,8.3165,25.7663,62.4773,7.671,3.3697,85.307,55.6161,94.8757,0.0,14.5395,0.0,61.3271,-75.8154,89.5905,8.5302,26.1573,7.787,46.551,3.3782,64.6574,-79.7002,0.0,-35.5064,42.7678,72.9195,-86.1458,-67.7077,-56.3155,-22.9445,0.0,92.84,37.6463,23.134,-62.3936,32.7575,12.5454,0.0,32.144,-25.3434,0.0,17.3574,-29.8284,0.0,-9.1774,-38.2786,-24.1675,-5.6208,68.0307,-22.7262],"direction":[38.2457,52.7495,-32.5269,27.2237,24.7191,36.281,40.6513,37.2619,61.5335,65.5024,73.4844,0.0,59.9295,0.0,44.8398,-32.8313,57.9109,53.9719,49.1713,52.0487,44.0915,40.187,52.5591,-18.0486,0.0,-11.9976,9.4118,51.1436,-12.7517,-38.3381,-55.3562,-44.512,0.0,40.0864,46.063,45.4012,-10.4423,2.0303,7.3391,0.0,26.4394,-3.7857,0.0,0.2383,-42.5575,0.0,-31.6391,-44.7089,-39.5917,-37.3526,23.3895,-15.5242],"intensity":[57.1429,66.6667,56.7568,10.5263,17.9487,77.5,4.878,21.4286,100.0,93.1818,97.7778,95.6522,38.2979,62.5,95.9184,86.0,94.1176,19.2308,96.1538,48.0769,34.6154,84.6154,78.8462,82.6923,63.4615,86.5385,75.0,96.1538,100.0,98.0769,90.3846,59.6154,57.6923,92.3077,96.1538,3.8462,86.5385,65.3846,69.2308,75.0,57.6923,40.3846,48.0769,15.3846,71.1538,55.7692,50.0,40.3846,15.3846,26.9231,84.6154,48.0769],"confirmation":[80.3962,82.4846,33.6605,73.1262,76.5258,83.0107,51.9413,27.6077,89.7116,88.3412,95.1054,39.2247,77.852,7.9612,87.8287,36.1591,91.3132,31.7468,80.06,53.4311,82.5031,51.3862,87.0828,35.8143,25.4778,75.3803,77.8979,88.5689,82.9745,84.1469,85.7599,7.5273,28.3634,87.9571,81.8088,79.4163,33.6704,51.5495,49.4632,48.3052,77.2604,49.5978,3.3091,49.4393,78.4849,3.6116,73.3188,80.8795,78.7867,51.0348,82.8481,20.8104],"persistence":[75.0,75.0,50.0,50.0,50.0,75.0,75.0,75.0,75.0,75.0,100.0,87.5,87.5,75.0,75.0,50.0,50.0,50.0,50.0,62.5,62.5,75.0,75.0,75.0,62.5,37.5,37.5,37.5,12.5,12.5,37.5,37.5,37.5,12.5,12.5,12.5,12.5,12.5,37.5,50.0,62.5,37.5,25.0,25.0,25.0,12.5,12.5,25.0,50.0,50.0,37.5,62.5],"assessmentRisk":[18.9163,27.3646,51.2871,29.4117,1.1775,3.9716,38.2109,39.0644,17.1718,17.6385,8.1299,51.6271,30.9112,19.1501,31.4584,20.4241,8.76,33.0216,8.5017,34.4621,0.629,19.6594,11.438,18.5809,18.7708,24.6879,47.9246,17.4554,7.6551,13.2504,21.9744,45.6027,26.7293,18.8778,27.9148,30.9416,45.9054,27.5456,27.1249,33.8241,22.411,7.9025,30.2634,2.6713,32.4248,25.6524,35.0876,28.8424,19.3781,40.1368,20.1848,49.4442],"volumeParticipation":true,"latest":{"consensus":-8.3,"control":-20.2,"force":-22.7,"direction":-15.5,"confirmation":20.8,"persistence":62.5,"assessmentRisk":49.4,"intensity":48.1,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the Market Dynamics view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the downward Market Dynamics view stronger support.","take":"Current assessment: the visible price structure remains vulnerable until Market Dynamics changes.","tone":"negative","supportedView":"Market Dynamics","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":"Developing","confirmationState":"Limited support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-8.3","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-20.2","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-22.7","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-15.5","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"21/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"51.4","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"11.7%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"19.1","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"51%","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 upward.","series":[{"label":"Close","values":[0.9,0.9,0.9,0.9,0.9,0.82,0.8,0.84,0.97,0.91,0.91,0.95,0.93,0.95,0.97,0.74,0.7,0.7,0.8,0.72,0.84,0.86,0.88,0.96,0.96,0.99,0.96,0.94,0.95,1.02,1.07,1.05,0.95,0.99,1.04,1.1,1.15,1.08,1.09,1.115,1.18,1.17,1.17,1.4,1.49,1.79,1.56,1.61,1.55,1.79,1.6,1.83,1.8,1.89,1.85,1.91,1.9,2.07,1.87,1.85,1.78,1.96,2.22,1.8,1.61,1.45,1.59,1.7,2.03,2.11,2.12,1.87,1.95,2.02,1.93,2.05,1.96,1.93,1.94,1.73,1.88,1.77,1.67,1.62,1.68,1.92,1.85],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,0.9,0.8855,0.8699,0.8645,0.8837,0.8885,0.8924,0.9028,0.9078,0.9155,0.9254,0.8917,0.8568,0.8283,0.8232,0.8044,0.8109,0.8198,0.8308,0.8543,0.8735,0.8947,0.9065,0.9126,0.9194,0.9377,0.9618,0.9778,0.9727,0.9759,0.9875,1.008,1.0338,1.0422,1.0509,1.0626,1.0839,1.0996,1.1124,1.1647,1.2238,1.3268,1.3692,1.413,1.4379,1.5019,1.5197,1.5761,1.6168,1.6665,1.6999,1.7381,1.7675,1.8225,1.8311,1.8346,1.8247,1.8493,1.9167,1.8955,1.8436,1.772,1.7389,1.7318,1.786,1.8449,1.895,1.8904,1.9013,1.9228,1.9241,1.947,1.9494,1.9459,1.9448,1.9057,1.9011,1.8772,1.8396,1.7996,1.7779,1.8037,1.8121],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,0.8995,0.9033,0.9082,0.8958,0.8813,0.8678,0.8628,0.8522,0.8513,0.852,0.854,0.8619,0.8692,0.8781,0.8842,0.8883,0.8929,0.9023,0.9147,0.9247,0.9266,0.9313,0.9394,0.9513,0.966,0.9744,0.983,0.9928,1.0066,1.0187,1.0299,1.0574,1.0894,1.1413,1.1723,1.2047,1.2303,1.2718,1.2961,1.3356,1.37,1.4085,1.4412,1.476,1.5074,1.5491,1.5728,1.5934,1.6072,1.6333,1.6768,1.6859,1.6803,1.6632,1.6578,1.6609,1.6883,1.7195,1.7492,1.7581,1.7723,1.7907,1.801,1.8194,1.8299,1.8373,1.8449,1.8364,1.8396,1.8344,1.8223,1.8073,1.7979,1.8069,1.8101],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,0.9787,0.9779,0.9861,0.9876,0.9926,1.0009,1.0164,1.0319,1.0397,1.0345,1.0353,1.0315,1.0284,1.0266,1.0347,1.0424,1.0583,1.0675,1.0736,1.0709,1.0856,1.109,1.1234,1.1251,1.1296,1.1392,1.1587,1.1773,1.1734,1.18,1.1688,1.1865,1.1985,1.2078,1.2866,1.3741,1.5423,1.6035,1.6645,1.7038,1.7907,1.8281,1.9029,1.9517,2.0097,2.0514,2.0985,2.1372,2.1905,2.1955,2.1883,2.1706,2.158,2.1771,2.1547,2.1424,2.1613,2.1591,2.1564,2.1741,2.211,2.2387,2.2403,2.2479,2.2597,2.2639,2.2775,2.2816,2.2667,2.2707,2.2711,2.2729,2.2657,2.2157,2.2206,2.2164,2.1913,2.177],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,0.7893,0.7948,0.7972,0.8016,0.8045,0.8057,0.7699,0.7316,0.7036,0.7012,0.6857,0.6835,0.6826,0.6824,0.6803,0.6786,0.6797,0.6865,0.6904,0.6911,0.6874,0.68,0.6756,0.6759,0.6754,0.6728,0.6893,0.7157,0.7576,0.78,0.8307,0.847,0.866,0.8857,0.8509,0.8164,0.7282,0.727,0.733,0.7537,0.7438,0.7594,0.7626,0.7988,0.8308,0.8701,0.904,0.9403,0.986,1.059,1.1397,1.2174,1.309,1.3949,1.4573,1.4816,1.4287,1.4339,1.4456,1.4759,1.471,1.4953,1.4977,1.5051,1.5063,1.5101,1.5105,1.5124,1.5133,1.5163,1.5039,1.5121,1.5003,1.4953,1.4724,1.4836,1.5557,1.596],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,49.506,44.5585,48.9656,44.7912,44.6009,40.5402,50.4926,39.3943,34.1078,25.785,34.1459,47.7343,23.4631,11.7041,4.1634,11.412,14.0363,32.0738,32.8584,33.5542,16.5849,19.7345,23.606,14.9072,19.9517,14.9428,10.716,10.3721,-2.1398,4.8121,-1.9417,-7.6573,-10.9428,-7.702,1.4881,-3.6083],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":[0.0,0.0,0.0,0.0,0.0,-8.8889,-11.1111,-6.6667,0.0,-6.1856,-6.1856,-2.0619,-4.1237,-2.0619,0.0,-23.7113,-27.8351,-27.8351,-17.5258,-25.7732,-13.4021,-11.3402,-9.2784,-1.0309,-1.0309,0.0,-3.0303,-5.0505,-4.0404,0.0,0.0,-1.8692,-11.215,-7.4766,-2.8037,0.0,0.0,-6.087,-5.2174,-3.0435,0.0,-0.8475,-0.8475,0.0,0.0,0.0,-12.8492,-10.0559,-13.4078,0.0,-10.6145,0.0,-1.6393,0.0,-2.1164,0.0,-0.5236,0.0,-9.6618,-10.628,-14.0097,-5.314,0.0,-18.9189,-27.4775,-34.6847,-28.3784,-23.4234,-8.5586,-4.955,-4.5045,-15.7658,-12.1622,-9.009,-13.0631,-7.6577,-11.7117,-13.0631,-12.6126,-22.0721,-15.3153,-20.2703,-24.7748,-27.027,-24.3243,-13.5135,-16.6667],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,5.0,21.25,13.75,13.75,18.75,16.25,18.75,21.25,0.0,0.0,0.0,14.2857,2.8571,20.0,22.8571,25.7143,37.1429,37.1429,41.4286,37.1429,34.2857,35.7143,45.7143,52.8571,50.0,35.7143,41.4286,48.5714,57.1429,64.2857,54.2857,55.7143,59.2857,68.5714,67.1429,67.1429,94.4444,106.9444,113.0952,81.3953,82.9545,64.8936,90.4255,70.2128,94.6809,91.4894,98.9474,94.7368,101.0526,100.0,117.8947,88.8889,77.8846,64.8148,81.4815,105.5556,65.1376,44.3946,23.9316,35.8974,45.2991,45.0,45.5172,46.2069,28.9655,34.4828,39.3103,33.1034,41.3793,35.1724,33.1034,33.7931,19.3103,29.6552,22.069,15.1724,11.7241,15.8621,32.4138,27.5862],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":[null,null,null,null,null,null,null,140.4802,273.4111,70.2927,234.2057,941.9106,15.326,26.2858,68.6508,218.1285,172.8782,48.238,74.5503,126.7692,51.23,6.6775,5.0081,101.2973,35.1218,37.4253,209.1313,95.5846,59.432,128.1391,103.873,78.0838,381.2811,124.3113,44.0875,35.8235,86.6971,150.1271,113.8819,141.7245,507.4929,255.8972,143.1205,171.8285,68.5509,174.7592,136.9542,106.7851,67.8503,42.3901,253.3429,136.2314,210.1715,55.0123,78.3575,198.1967,101.5458,101.9626,188.3326,118.87,68.5813,72.6415,79.9227,247.8201,140.4785,94.1137,77.1234,79.8774,161.1259,72.8666,71.9596,114.3058,149.7749,70.0059,58.6788,60.0922,76.2908,12.3057,18.4742,42.5776,11.2093,2.2114,75.5969,66.687,97.0529,83.5789,58.3226],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,135.0,128.2095,128.2095,135.0,134.4996,135.0,135.0,128.3006,122.7375,122.7375,125.0331,121.0738,122.6798,122.8853,123.039,126.3125,126.3125,127.5606,119.7884,116.0957,118.4046,123.6913,128.1132,125.9064,112.7034,117.2429,118.8454,120.0491,122.842,117.7354,121.7044,126.7185,135.0,125.5478,125.5478,132.8012,135.0,135.0,129.8214,133.9715,131.2869,132.9369,122.0008,128.222,118.357,120.941,117.1466,127.7263,122.0987,127.9009,116.2986,108.6885,104.6051,108.8098,113.4402,97.8683,88.5529,82.3265,87.4258,92.7543,104.2094,109.5232,114.5586,106.4523,117.1353,122.216,117.9433,122.1267,116.8282,116.0042,117.1446,114.6246,115.2687,115.1462,110.9734,107.7027,112.2304,116.0281,113.4516],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":[null,null,null,null,null,null,null,null,null,null,null,null,0.0057,0.0088,0.0128,-0.0026,-0.0178,-0.0295,-0.0304,-0.0371,-0.0324,-0.0267,-0.0204,-0.0088,0.0004,0.01,0.015,0.0171,0.0194,0.0266,0.0359,0.0411,0.0368,0.0362,0.0393,0.0461,0.0548,0.0555,0.0562,0.0581,0.0641,0.0672,0.069,0.0879,0.1089,0.148,0.1586,0.1691,0.1707,0.1891,0.1862,0.2001,0.2064,0.2161,0.2181,0.2219,0.2216,0.2324,0.2222,0.2102,0.1927,0.1912,0.2086,0.1863,0.1516,0.1099,0.0872,0.0771,0.0947,0.1138,0.1282,0.1181,0.1153,0.1173,0.1104,0.1132,0.107,0.0986,0.0916,0.0683,0.0613,0.0463,0.0261,0.0059,-0.0051,0.0054,0.008],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0009,-0.0052,-0.0102,-0.0156,-0.019,-0.0205,-0.0205,-0.0181,-0.0144,-0.0096,-0.0046,-0.0003,0.0036,0.0082,0.0138,0.0192,0.0227,0.0254,0.0282,0.0318,0.0364,0.0402,0.0434,0.0463,0.0499,0.0534,0.0565,0.0628,0.072,0.0872,0.1015,0.115,0.1261,0.1387,0.1482,0.1586,0.1681,0.1777,0.1858,0.193,0.1987,0.2055,0.2088,0.2091,0.2058,0.2029,0.204,0.2005,0.1907,0.1746,0.1571,0.1411,0.1318,0.1282,0.1282,0.1262,0.124,0.1227,0.1202,0.1188,0.1165,0.1129,0.1086,0.1006,0.0927,0.0834,0.072,0.0588,0.046,0.0379,0.0319],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.0187,-0.0243,-0.0202,-0.0215,-0.0134,-0.0062,0.0001,0.0094,0.0148,0.0195,0.0196,0.0174,0.0158,0.0183,0.0221,0.0219,0.0141,0.0108,0.0111,0.0143,0.0184,0.0153,0.0128,0.0117,0.0142,0.0139,0.0125,0.0251,0.0369,0.0608,0.0572,0.0541,0.0445,0.0503,0.0379,0.0415,0.0382,0.0384,0.0323,0.0289,0.0229,0.0269,0.0134,0.0011,-0.0131,-0.0117,0.0046,-0.0142,-0.0391,-0.0646,-0.0699,-0.064,-0.0371,-0.0144,0.0,-0.0081,-0.0087,-0.0054,-0.0098,-0.0056,-0.0094,-0.0143,-0.017,-0.0322,-0.0314,-0.0371,-0.0459,-0.0528,-0.0511,-0.0325,-0.0239],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":[null,null,null,null,null,null,null,null,null,null,null,null,null,8.8809,8.9602,13.5123,14.8968,15.4654,15.4228,16.9044,14.56,13.787,12.6736,11.8293,11.4308,11.447,11.7056,11.4807,10.9996,10.8435,10.6665,10.6375,11.6693,11.4081,10.8394,10.0356,9.8453,10.396,10.2857,9.9134,9.3338,9.2907,9.1154,9.2166,8.6166,7.977,9.7356,9.7798,10.3545,9.2834,10.8047,9.7673,10.2525,9.596,9.5665,9.1651,9.7958,9.2118,11.0729,12.285,12.8594,12.0833,10.9035,14.5903,16.478,18.1716,16.511,15.5581,13.6465,12.8345,12.468,14.5767,13.896,13.4464,13.9934,12.8953,13.0707,12.6958,12.1332,13.7076,12.4538,12.9286,13.6222,13.9215,12.9756,11.4727,11.6741],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,21.4348,20.66,21.1867,20.7962,20.9375,21.6124,27.5955,34.0622,38.5532,38.4029,40.6169,40.5824,40.4239,40.2813,41.3263,42.285,43.5682,43.4398,43.4428,43.1185,44.924,47.9643,49.7871,49.8902,50.3174,51.4761,50.8064,48.7611,43.0641,40.8163,33.8107,33.3836,32.2028,30.7748,40.7673,50.9256,71.7122,75.2144,77.7123,77.3201,82.6142,82.6104,85.5657,83.827,83.0081,80.8758,79.566,77.79,75.8432,69.8403,63.022,56.2727,48.9721,43.7986,38.6196,36.4713,40.8079,40.3693,39.468,38.2621,40.192,39.8126,39.7285,39.5891,40.008,39.9457,40.4941,40.5437,39.8648,39.8431,40.6417,40.2023,40.6458,38.8303,40.517,39.6095,33.9282,30.7943],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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/cfbec9d9-3697-4961-8589-0cd3bee8660f/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/cfbec9d9-3697-4961-8589-0cd3bee8660f/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/cfbec9d9-3697-4961-8589-0cd3bee8660f/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/cfbec9d9-3697-4961-8589-0cd3bee8660f/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/cfbec9d9-3697-4961-8589-0cd3bee8660f/technical-pack/data.json"},"source_fingerprint":"0b2654377dc4c24399a58de7fe0ff7f92bb7d93fedf8e758bb54b28a46d83382","content_hash":"967ee7f9fbc4d189a95563b4d4df69d2a53c5f2fe60d3a4bd660f6509b46d56a","citation":"Sharemaestro, FFM Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/cfbec9d9-3697-4961-8589-0cd3bee8660f/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."}