{"schema_version":"1.0","name":"JMAC Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"cfc2f891-f019-4980-a652-81c792064d2f","symbol":"JMAC","name":"JPM Strategic Allocation Conservative Active UCITS ETF - EUR (acc)","exchange":"MIL","country":"IT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Activity pressure and cumulative balance, Range pressure and compression, Range position and boundary pressure, Directional strength and control, Directional pressure and rotation."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":28,"displayedObservations":28,"assetType":"ETF","state":"Rotational","stateTone":"caution","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","evidenceAlignment":{"status":"Evidence developing","headline":"Price structure is visible; Market Dynamics is not yet established","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","take":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","tone":"neutral","conflict":false},"marketDynamics":{"available":true,"readAvailable":false,"dates":["2026-02-13","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"],"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],"opens":[5.024,5.051,5.063,5.07,5.063,4.958,4.954,4.855,4.9495,5.007,5.007,5.043,5.043,5.043,5.043,5.043,5.111,5.07,5.13,5.133,5.133,5.133,5.133,5.133,5.093,5.103,5.124,5.121],"highs":[5.052,5.069,5.093,5.07,5.063,4.973,4.954,4.9495,5.08,5.007,5.045,5.043,5.043,5.043,5.043,5.11,5.111,5.07,5.13,5.133,5.133,5.133,5.133,5.133,5.098,5.124,5.146,5.121],"lows":[5.024,5.051,5.056,5.063,4.981,4.954,4.954,4.855,4.9495,5.007,5.007,5.043,5.043,5.043,5.043,5.043,5.111,5.07,5.13,5.133,5.133,5.133,5.133,5.133,5.074,5.091,5.11,5.09],"closes":[5.051,5.063,5.077,5.063,4.958,4.954,4.954,4.9495,5.007,5.007,5.043,5.043,5.043,5.043,5.043,5.111,5.111,5.07,5.13,5.133,5.133,5.133,5.133,5.133,5.079,5.124,5.121,5.09],"hoverRows":[[{"label":"Open","value":"5.02","className":"is-ohlc","compact":true},{"label":"High","value":"5.05","className":"is-ohlc","compact":true},{"label":"Low","value":"5.02","className":"is-ohlc","compact":true},{"label":"Close","value":"5.05","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"5.05","className":"is-ohlc","compact":true},{"label":"High","value":"5.07","className":"is-ohlc","compact":true},{"label":"Low","value":"5.05","className":"is-ohlc","compact":true},{"label":"Close","value":"5.06","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"5.06","className":"is-ohlc","compact":true},{"label":"High","value":"5.09","className":"is-ohlc","compact":true},{"label":"Low","value":"5.06","className":"is-ohlc","compact":true},{"label":"Close","value":"5.08","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.07","className":"is-ohlc","compact":true},{"label":"High","value":"5.07","className":"is-ohlc","compact":true},{"label":"Low","value":"5.06","className":"is-ohlc","compact":true},{"label":"Close","value":"5.06","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.06","className":"is-ohlc","compact":true},{"label":"High","value":"5.06","className":"is-ohlc","compact":true},{"label":"Low","value":"4.98","className":"is-ohlc","compact":true},{"label":"Close","value":"4.96","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.96","className":"is-ohlc","compact":true},{"label":"High","value":"4.97","className":"is-ohlc","compact":true},{"label":"Low","value":"4.95","className":"is-ohlc","compact":true},{"label":"Close","value":"4.95","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.95","className":"is-ohlc","compact":true},{"label":"High","value":"4.95","className":"is-ohlc","compact":true},{"label":"Low","value":"4.95","className":"is-ohlc","compact":true},{"label":"Close","value":"4.95","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.86","className":"is-ohlc","compact":true},{"label":"High","value":"4.95","className":"is-ohlc","compact":true},{"label":"Low","value":"4.86","className":"is-ohlc","compact":true},{"label":"Close","value":"4.95","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.95","className":"is-ohlc","compact":true},{"label":"High","value":"5.08","className":"is-ohlc","compact":true},{"label":"Low","value":"4.95","className":"is-ohlc","compact":true},{"label":"Close","value":"5.01","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.01","className":"is-ohlc","compact":true},{"label":"High","value":"5.01","className":"is-ohlc","compact":true},{"label":"Low","value":"5.01","className":"is-ohlc","compact":true},{"label":"Close","value":"5.01","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.01","className":"is-ohlc","compact":true},{"label":"High","value":"5.04","className":"is-ohlc","compact":true},{"label":"Low","value":"5.01","className":"is-ohlc","compact":true},{"label":"Close","value":"5.04","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.04","className":"is-ohlc","compact":true},{"label":"High","value":"5.04","className":"is-ohlc","compact":true},{"label":"Low","value":"5.04","className":"is-ohlc","compact":true},{"label":"Close","value":"5.04","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.04","className":"is-ohlc","compact":true},{"label":"High","value":"5.04","className":"is-ohlc","compact":true},{"label":"Low","value":"5.04","className":"is-ohlc","compact":true},{"label":"Close","value":"5.04","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.04","className":"is-ohlc","compact":true},{"label":"High","value":"5.04","className":"is-ohlc","compact":true},{"label":"Low","value":"5.04","className":"is-ohlc","compact":true},{"label":"Close","value":"5.04","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.04","className":"is-ohlc","compact":true},{"label":"High","value":"5.04","className":"is-ohlc","compact":true},{"label":"Low","value":"5.04","className":"is-ohlc","compact":true},{"label":"Close","value":"5.04","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.04","className":"is-ohlc","compact":true},{"label":"High","value":"5.11","className":"is-ohlc","compact":true},{"label":"Low","value":"5.04","className":"is-ohlc","compact":true},{"label":"Close","value":"5.11","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.11","className":"is-ohlc","compact":true},{"label":"High","value":"5.11","className":"is-ohlc","compact":true},{"label":"Low","value":"5.11","className":"is-ohlc","compact":true},{"label":"Close","value":"5.11","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.07","className":"is-ohlc","compact":true},{"label":"High","value":"5.07","className":"is-ohlc","compact":true},{"label":"Low","value":"5.07","className":"is-ohlc","compact":true},{"label":"Close","value":"5.07","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.13","className":"is-ohlc","compact":true},{"label":"High","value":"5.13","className":"is-ohlc","compact":true},{"label":"Low","value":"5.13","className":"is-ohlc","compact":true},{"label":"Close","value":"5.13","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.13","className":"is-ohlc","compact":true},{"label":"High","value":"5.13","className":"is-ohlc","compact":true},{"label":"Low","value":"5.13","className":"is-ohlc","compact":true},{"label":"Close","value":"5.13","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.13","className":"is-ohlc","compact":true},{"label":"High","value":"5.13","className":"is-ohlc","compact":true},{"label":"Low","value":"5.13","className":"is-ohlc","compact":true},{"label":"Close","value":"5.13","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.13","className":"is-ohlc","compact":true},{"label":"High","value":"5.13","className":"is-ohlc","compact":true},{"label":"Low","value":"5.13","className":"is-ohlc","compact":true},{"label":"Close","value":"5.13","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.13","className":"is-ohlc","compact":true},{"label":"High","value":"5.13","className":"is-ohlc","compact":true},{"label":"Low","value":"5.13","className":"is-ohlc","compact":true},{"label":"Close","value":"5.13","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.13","className":"is-ohlc","compact":true},{"label":"High","value":"5.13","className":"is-ohlc","compact":true},{"label":"Low","value":"5.13","className":"is-ohlc","compact":true},{"label":"Close","value":"5.13","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.09","className":"is-ohlc","compact":true},{"label":"High","value":"5.10","className":"is-ohlc","compact":true},{"label":"Low","value":"5.07","className":"is-ohlc","compact":true},{"label":"Close","value":"5.08","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.10","className":"is-ohlc","compact":true},{"label":"High","value":"5.12","className":"is-ohlc","compact":true},{"label":"Low","value":"5.09","className":"is-ohlc","compact":true},{"label":"Close","value":"5.12","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.12","className":"is-ohlc","compact":true},{"label":"High","value":"5.15","className":"is-ohlc","compact":true},{"label":"Low","value":"5.11","className":"is-ohlc","compact":true},{"label":"Close","value":"5.12","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.12","className":"is-ohlc","compact":true},{"label":"High","value":"5.12","className":"is-ohlc","compact":true},{"label":"Low","value":"5.09","className":"is-ohlc","compact":true},{"label":"Close","value":"5.09","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[4.93849,5.14401],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"steady","fourWeekDirection":"steady","now":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Zone progression","detail":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","tone":"neutral"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","annotations":[{"label":"Current tape relationship","value":"Zone progression","detail":"Market Dynamics remains positive and was little changed this week.","tone":"neutral"},{"label":"Price location","value":"Between zones","detail":"Price is progressing between the lower and upper positioning zones while the Market Dynamics read develops.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":28,"relationship":{"sample":0,"correlationSample":27,"label":"Variable relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":4.0,"medianWeeksInZone":4,"averageWeeksToHigher":4.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":1.0,"averageReturn":1.0,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":3.1,"averageReturn":3.1,"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":-0.1,"sample":1},{"week":2,"averageReturn":-0.1,"sample":1},{"week":3,"averageReturn":-0.2,"sample":1},{"week":4,"averageReturn":1.0,"sample":1},{"week":5,"averageReturn":1.0,"sample":1},{"week":6,"averageReturn":1.7,"sample":1},{"week":7,"averageReturn":1.7,"sample":1},{"week":8,"averageReturn":1.7,"sample":1},{"week":9,"averageReturn":1.7,"sample":1},{"week":10,"averageReturn":1.7,"sample":1},{"week":11,"averageReturn":3.1,"sample":1},{"week":12,"averageReturn":3.1,"sample":1},{"week":13,"averageReturn":2.3,"sample":1},{"week":14,"averageReturn":3.5,"sample":1},{"week":15,"averageReturn":3.5,"sample":1},{"week":16,"averageReturn":3.5,"sample":1},{"week":17,"averageReturn":3.5,"sample":1},{"week":18,"averageReturn":3.5,"sample":1},{"week":19,"averageReturn":3.5,"sample":1},{"week":20,"averageReturn":2.4,"sample":1},{"week":21,"averageReturn":3.3,"sample":1},{"week":22,"averageReturn":3.3,"sample":1},{"week":23,"averageReturn":2.7,"sample":1},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":3.5,"medianWeeksInZone":3.5,"averageWeeksToLower":3.5,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"medianReturn":0.1,"averageReturn":0.1,"confidenceLow":0.0,"confidenceHigh":79.3,"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":-0.0,"sample":2},{"week":2,"averageReturn":-0.3,"sample":2},{"week":3,"averageReturn":0.1,"sample":1},{"week":4,"averageReturn":0.1,"sample":1},{"week":5,"averageReturn":0.1,"sample":1},{"week":6,"averageReturn":-1.0,"sample":1},{"week":7,"averageReturn":-0.1,"sample":1},{"week":8,"averageReturn":-0.2,"sample":1},{"week":9,"averageReturn":-0.8,"sample":1},{"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}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":2.5,"averageExpectedMove":2.5,"averageWeeksToLargestMove":11.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":0.7,"medianReturn":0.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":2.5,"medianReturn":2.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.0,"sample":1},{"week":2,"averageReturn":0.7,"sample":1},{"week":3,"averageReturn":0.7,"sample":1},{"week":4,"averageReturn":0.7,"sample":1},{"week":5,"averageReturn":0.7,"sample":1},{"week":6,"averageReturn":0.7,"sample":1},{"week":7,"averageReturn":2.1,"sample":1},{"week":8,"averageReturn":2.1,"sample":1},{"week":9,"averageReturn":1.3,"sample":1},{"week":10,"averageReturn":2.5,"sample":1},{"week":11,"averageReturn":2.5,"sample":1},{"week":12,"averageReturn":2.5,"sample":1},{"week":13,"averageReturn":2.5,"sample":1},{"week":14,"averageReturn":2.5,"sample":1},{"week":15,"averageReturn":2.5,"sample":1},{"week":16,"averageReturn":1.4,"sample":1},{"week":17,"averageReturn":2.3,"sample":1},{"week":18,"averageReturn":2.3,"sample":1},{"week":19,"averageReturn":1.7,"sample":1},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":3.1,"averageExpectedMove":3.1,"averageWeeksToLargestMove":11.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":1.0,"medianReturn":1.0,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":3.1,"medianReturn":3.1,"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":0.4,"sample":2},{"week":2,"averageReturn":0.4,"sample":2},{"week":3,"averageReturn":0.0,"sample":2},{"week":4,"averageReturn":1.0,"sample":1},{"week":5,"averageReturn":1.0,"sample":1},{"week":6,"averageReturn":1.7,"sample":1},{"week":7,"averageReturn":1.7,"sample":1},{"week":8,"averageReturn":1.7,"sample":1},{"week":9,"averageReturn":1.7,"sample":1},{"week":10,"averageReturn":1.7,"sample":1},{"week":11,"averageReturn":3.1,"sample":1},{"week":12,"averageReturn":3.1,"sample":1},{"week":13,"averageReturn":2.3,"sample":1},{"week":14,"averageReturn":3.5,"sample":1},{"week":15,"averageReturn":3.5,"sample":1},{"week":16,"averageReturn":3.5,"sample":1},{"week":17,"averageReturn":3.5,"sample":1},{"week":18,"averageReturn":3.5,"sample":1},{"week":19,"averageReturn":3.5,"sample":1},{"week":20,"averageReturn":2.4,"sample":1},{"week":21,"averageReturn":3.3,"sample":1},{"week":22,"averageReturn":3.3,"sample":1},{"week":23,"averageReturn":2.7,"sample":1},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":2.0,"averageExpectedMove":2.0,"averageWeeksToLargestMove":7.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-1.8,"medianReturn":-1.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-0.2,"medianReturn":-0.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":1.4,"medianReturn":1.4,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.2,"sample":1},{"week":2,"averageReturn":0.5,"sample":1},{"week":3,"averageReturn":0.2,"sample":1},{"week":4,"averageReturn":-1.8,"sample":1},{"week":5,"averageReturn":-1.9,"sample":1},{"week":6,"averageReturn":-1.9,"sample":1},{"week":7,"averageReturn":-2.0,"sample":1},{"week":8,"averageReturn":-0.9,"sample":1},{"week":9,"averageReturn":-0.9,"sample":1},{"week":10,"averageReturn":-0.2,"sample":1},{"week":11,"averageReturn":-0.2,"sample":1},{"week":12,"averageReturn":-0.2,"sample":1},{"week":13,"averageReturn":-0.2,"sample":1},{"week":14,"averageReturn":-0.2,"sample":1},{"week":15,"averageReturn":1.2,"sample":1},{"week":16,"averageReturn":1.2,"sample":1},{"week":17,"averageReturn":0.4,"sample":1},{"week":18,"averageReturn":1.6,"sample":1},{"week":19,"averageReturn":1.6,"sample":1},{"week":20,"averageReturn":1.6,"sample":1},{"week":21,"averageReturn":1.6,"sample":1},{"week":22,"averageReturn":1.6,"sample":1},{"week":23,"averageReturn":1.6,"sample":1},{"week":24,"averageReturn":0.6,"sample":1},{"week":25,"averageReturn":1.4,"sample":1},{"week":26,"averageReturn":1.4,"sample":1}]},"currentApplication":{"status":"Evidence developing","tone":"neutral","headline":"Market Dynamics is negative while price remains rotational","use":"Treat the pressure as context until price establishes a clear response.","confirm":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"steady","zone":"middle","zoneContext":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","sample":0},"nowContext":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeekContext":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"priceContext":{"label":"Price has no clear direction","detail":"Price remains rotational while the Market Dynamics condition develops."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"The current relationship is visible, but this ticker does not yet have a completed comparable outcome.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 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."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-02-13","price":5.051}],"reversal_dangers":[{"date":"2026-02-20","price":5.063}]}},"smTape":{"available":true,"dates":["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":[5.051,5.063,5.077,5.063,4.958,4.954,4.954,4.9495,5.007,5.007,5.043,5.043,5.043,5.043,5.043,5.111,5.111,5.07,5.13,5.133,5.133,5.133,5.133,5.133,5.079,5.124,5.121,5.09],"consensus":[92.8571,33.3333,13.5135,-58.0,-82.0467,-59.0027,-43.8819,-26.7348,31.975,9.275,59.8536,30.1069,26.8445,26.1212,15.1066,82.8097,39.5219,8.7236,55.0739,39.1452,37.2787,40.3211,29.6254,27.1838,-54.24,46.8836,0.0,-43.6099],"supportDates":["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":[null,null,null,null,null,-61.2534,-34.6547,-2.3953,28.2583,1.5348,54.6088,20.3636,19.168,17.9997,16.8664,77.0794,34.1133,1.8759,54.9623,35.7924,32.8594,32.1046,31.2817,30.3879,-53.3151,57.4894,0.0,-48.1814],"force":[92.8571,33.3333,13.5135,-58.0,-57.8687,-26.7822,-10.4369,-0.9661,54.5496,9.3058,72.3579,10.3478,8.4433,8.7343,0.0,98.9469,10.2714,19.3792,39.4976,15.2977,12.0243,17.7538,2.2853,0.0,-78.7271,65.7616,0.0,-50.6115],"direction":[null,null,null,null,-99.3167,-79.445,-78.3165,-74.3378,20.0981,21.6071,56.9158,55.3557,48.7615,47.8222,23.8857,77.8322,66.5962,40.9107,66.3274,60.011,60.3682,65.831,47.261,42.939,-37.8063,21.2785,0.0,-33.3841],"intensity":[null,null,null,null,100.0,80.0,16.6667,85.7143,100.0,55.5556,50.0,45.4545,8.3333,15.3846,21.4286,66.6667,68.75,58.8235,61.1111,21.0526,20.0,23.8095,27.2727,30.4348,66.6667,64.0,38.4615,51.8519],"confirmation":[52.381,33.3333,26.991,41.2267,70.483,85.8646,81.1635,30.9546,78.9766,48.7944,87.6141,77.1805,76.1464,75.9527,49.6802,95.0782,79.838,6.631,85.1507,79.8508,79.2269,80.3402,53.955,53.1549,86.1172,83.4165,3.4343,55.0],"persistence":[null,null,100.0,50.0,20.0,0.0,14.2857,25.0,25.0,25.0,25.0,0.0,25.0,50.0,75.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,75.0,62.5,37.5],"assessmentRisk":[null,null,null,null,6.8666,19.7958,27.8174,36.3774,24.8103,38.6006,18.8881,34.1879,24.2304,25.4322,7.5533,5.469,27.1854,33.1729,22.1271,11.3332,12.402,28.7891,9.4223,13.5919,19.8068,36.6642,19.1889,20.4552],"volumeParticipation":true,"latest":{"consensus":-43.6,"control":-48.2,"force":-50.6,"direction":-33.4,"confirmation":55.0,"persistence":37.5,"assessmentRisk":20.5,"intensity":51.9,"evidenceDepth":100},"analysis":{"status":"Completed tape has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Completed tape","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-43.6","detail":"Completed tape has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-48.2","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-50.6","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-33.4","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"55.6","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"0.5%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"14.2","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"81%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price is rotating through its trend references.","series":[{"label":"Close","values":[5.051,5.063,5.077,5.063,4.958,4.954,4.954,4.9495,5.007,5.007,5.043,5.043,5.043,5.043,5.043,5.111,5.111,5.07,5.13,5.133,5.133,5.133,5.133,5.133,5.079,5.124,5.121,5.09],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,5.0402,5.0246,5.0117,5.0004,5.0016,5.0026,5.0099,5.0159,5.0209,5.0249,5.0282,5.0432,5.0556,5.0582,5.0712,5.0825,5.0917,5.0992,5.1053,5.1104,5.1047,5.1082,5.1105,5.1068],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,5.0285,5.0296,5.0306,5.0365,5.0421,5.0441,5.0505,5.0566,5.0623,5.0675,5.0724,5.0768,5.077,5.0805,5.0835,5.084],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,5.1072,5.1078,5.108,5.1078,5.1074,5.107,5.1207,5.1313,5.1323,5.144,5.1541,5.1649,5.1742,5.1817,5.1898,5.1882,5.1889,5.186,5.1748],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,4.9095,4.9152,4.9203,4.9249,4.9291,4.9328,4.9305,4.93,4.9333,4.9318,4.9313,4.9286,4.9264,4.9245,4.9233,4.9371,4.9534,4.973,4.9982],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"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,239.141,30.1306,0.0,35.1849,0.0,0.0,0.0,0.0,98.1688,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,742.2526,19.266,527.9353,488.4188],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,95.8063,98.9595,98.9595,102.0716,102.0716,102.0716,102.0716,102.0716,108.4315,108.4315,108.4315,108.4315,108.4315,108.4315,108.4315,108.4315,108.4315,83.4333,84.064,65.0,65.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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,0.5901,0.5479,0.5956,0.5531,0.5755,0.6117,0.5718,0.531,0.4931,0.4579,0.4251,0.482,0.5063,0.5206,0.5299],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,3.9463,3.8435,3.7429,3.6465,3.5548,3.4682,3.7858,4.0019,3.953,4.2123,4.4188,4.6829,4.9063,5.0908,5.2699,4.9599,4.6444,4.1934,3.4701],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,39.7059,63.8655,63.8655,78.9916,78.9916,78.9916,78.9916,78.9916,100.3922,100.0,83.9844,100.0,100.0,100.0,100.0,100.0,100.0,80.5755,96.7626,91.4089,80.756],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-2.8176,-1.6886,-1.6886,-0.9817,-0.9817,-0.9817,-0.9817,-0.9817,0.0196,0.0,-0.8022,0.0,0.0,0.0,0.0,0.0,0.0,-1.052,-0.1753,-0.4858,-1.0882],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,1.9464,3.1308,3.1308,3.8723,3.8723,3.8723,3.8723,3.8723,5.2729,5.2729,4.4284,5.6643,5.7261,5.7261,5.7261,5.7261,5.7261,4.6138,5.5407,5.4789,4.8404],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[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,14.713,14.239],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,33.1553,33.1553,43.6633,43.9159,39.5082,47.7699,48.1512,48.1512,48.1512,48.1512,48.1512,39.8613,42.081,43.9163,40.311],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,28.9188,28.9188,24.3728,24.3728,31.9633,27.5979,27.3965,27.3965,27.3965,27.3965,27.3965,39.8962,34.9533,31.5823,34.286],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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"]},{"key":"momentum","eyebrow":"Momentum pressure","title":"Directional pressure and rotation","description":"Two independent momentum views show whether pressure is broadening, fading or stretched.","reason":"Selected because momentum has changed character across the latest observations.","series":[{"label":"Momentum","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,68.6457,77.2232,77.2232,64.8228,71.9272,72.2292,72.2292,72.2292,72.2292,72.2292,56.4074,63.5691,62.828,55.6135],"stroke":"#063b66","width":2.0},{"label":"Rotation","values":[null,null,null,null,null,null,0.0,39.7059,63.8655,63.8655,78.9916,78.9916,78.9916,78.9916,78.9916,100.3922,100.0,83.9844,100.0,100.0,100.0,100.0,100.0,100.0,40.0,90.0,75.7282,45.6311],"stroke":"#1678a7","width":1.5},{"label":"Rotation signal","values":[null,null,null,null,null,null,null,19.8529,34.5238,55.8123,68.9076,73.9496,78.9916,78.9916,78.9916,86.1251,93.1279,94.7922,94.6615,94.6615,100.0,100.0,100.0,100.0,80.0,76.6667,68.5761,70.4531],"stroke":"#b87806","width":1.4}],"guides":[{"label":"Upper zone","values":[70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0],"stroke":"#c13f3f","width":1.0,"dash":[6,5]},{"label":"Centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]},{"label":"Lower zone","values":[30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0],"stroke":"#07865c","width":1.0,"dash":[6,5]}],"dates":["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"]}]},"canonical_url":"https://sharemaestro.com/terminal/cfc2f891-f019-4980-a652-81c792064d2f/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/cfc2f891-f019-4980-a652-81c792064d2f/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/cfc2f891-f019-4980-a652-81c792064d2f/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/cfc2f891-f019-4980-a652-81c792064d2f/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/cfc2f891-f019-4980-a652-81c792064d2f/technical-pack/data.json"},"source_fingerprint":"75ec7b4ee8fc7edae22aa8249faa17d9ab25067217aa65426d8e2e2fe214de31","content_hash":"e7c8b75dde1400bdc6b10bd8180dd9d0220f2621a695fb82783b8fb99edb2f1a","citation":"Sharemaestro, JMAC Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/cfc2f891-f019-4980-a652-81c792064d2f/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."}