{"schema_version":"1.0","name":"CGCAM Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"d37b1a92-b9a4-4f85-8dc7-02435a06e51e","symbol":"CGCAM","name":"Cagdas Cam Sanayi ve Ticaret A.S.","exchange":"IST","country":"TR","asset_type":"equity","currency":"TRY","sector":"Basic Materials","industry":"Building Materials"},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Strength versus the research benchmark, Drawdown and recovery pressure, Acceleration, deceleration and rollover, Range position and boundary pressure, Activity pressure and cumulative balance."},{"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":86,"displayedObservations":86,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","evidenceAlignment":{"status":"Negative pressure; price rotational","headline":"Market Dynamics is negative while price has no clear direction","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","take":"The underlying condition is weak, but a negative price response is still required.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[-0.377485,-0.564445,-0.594555,-0.421909,0.076416,0.598323,1.04793,1.306037,1.325434,1.160558,1.02782,0.852341,0.578385,0.389103,0.087412,-0.158167,-0.335206,-0.451448,-0.529551,-0.630605,-0.650729,-0.615205,-0.629062,-0.622896,-0.643792,-0.618654,-0.476109,-0.366459,0.025063,0.389647,0.544749,0.693135,0.506165,0.255246,0.119881,-0.009233,-0.105105,-0.199135,-0.197786,-0.074007,0.276402,0.515698,0.660966,0.881167,0.858224,0.689412,0.726349,0.728461,0.6759,0.860157,0.845389,0.677986,0.570196,0.503814,0.274903,-0.002996,-0.299005,-0.620104],"opens":[26.5,26.540001,27.52,27.92,32.060001,35.0,39.200001,44.200001,48.040001,42.0,37.299999,40.98,39.700001,37.02,34.080002,32.400002,34.240002,35.68,35.540001,34.599998,34.040001,36.0,35.0,33.5,33.279999,34.84,35.0,34.200001,34.860001,40.0,42.0,37.099998,38.52,36.720001,34.080002,35.98,35.900002,35.799999,35.66,35.900002,37.5,41.5,42.0,40.02,44.68,41.200001,39.5,48.52,44.419998,45.939999,44.959999,44.700001,44.919998,45.259998,46.779999,42.82,39.900002,40.34],"highs":[27.6,27.959999,28.76,30.9,39.240002,40.5,46.740002,48.799999,48.200001,43.48,42.400002,42.959999,39.700001,37.740002,34.740002,35.5,36.5,39.48,37.740002,37.740002,36.139999,39.18,35.799999,34.400002,34.939999,37.400002,37.240002,35.139999,40.799999,42.939999,42.98,40.16,40.279999,38.400002,39.580002,37.759998,37.799999,36.66,37.799999,38.0,42.880001,43.259998,45.299999,45.700001,46.639999,43.82,41.799999,52.549999,47.84,46.48,45.48,46.279999,45.880001,46.759998,46.779999,43.099998,41.200001,40.48],"lows":[26.26,26.120001,27.299999,27.92,31.040001,34.48,39.139999,42.240002,39.639999,36.68,36.459999,39.959999,36.52,34.560001,31.719999,32.099998,33.099998,35.439999,34.139999,33.639999,32.279999,34.299999,33.119999,33.0,31.9,33.799999,33.0,33.619999,34.66,39.040001,36.98,36.779999,35.0,35.119999,34.080002,34.200001,35.560001,34.619999,35.279999,34.52,36.360001,40.240002,40.48,39.599998,41.200001,35.84,39.18,48.360001,43.939999,45.139999,44.48,43.700001,44.82,44.919998,42.52,38.060001,39.299999,35.82],"closes":[26.540001,27.440001,27.879999,30.9,34.98,38.82,44.200001,48.0,43.299999,37.439999,40.459999,40.060001,36.860001,34.860001,32.02,34.240002,35.560001,35.580002,34.400002,34.0,35.98,34.959999,33.240002,33.259998,34.5,35.02,34.139999,34.48,39.759998,42.5,37.099998,38.279999,36.060001,37.700001,35.98,35.700001,35.98,35.439999,35.759998,37.900002,42.16,41.18,40.580002,44.799999,41.200001,38.880001,40.959999,52.549999,45.200001,45.82,44.98,44.540001,45.580002,46.5,42.66,39.02,39.799999,36.080002],"pressureRange":[-1.510995,1.510995],"priceRange":[26.540001,52.549999],"zones":{"accumulationBoundary":0.06,"distributionBoundary":0.94},"latest":-0.620104,"state":"Negative and weakening","context":{"scenario":"negativeWeakening","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Negative and weakening","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Negative and weakening","detail":"Market Dynamics weakened this week and remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"8 Aug 2025","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":58,"relationship":{"sameWeekCorrelation":0.53,"forwardCorrelation":-0.51,"directionalAgreement":54.7,"sample":53,"correlationSample":57,"label":"Strong relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":3.0,"medianWeeksInZone":3,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":31.8,"averageReturn":31.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":38.9,"averageReturn":38.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":28.6,"averageReturn":28.6,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.4,"sample":1},{"week":2,"averageReturn":5.0,"sample":1},{"week":3,"averageReturn":16.4,"sample":1},{"week":4,"averageReturn":31.8,"sample":1},{"week":5,"averageReturn":46.3,"sample":1},{"week":6,"averageReturn":66.5,"sample":1},{"week":7,"averageReturn":80.9,"sample":1},{"week":8,"averageReturn":63.1,"sample":1},{"week":9,"averageReturn":41.1,"sample":1},{"week":10,"averageReturn":52.4,"sample":1},{"week":11,"averageReturn":50.9,"sample":1},{"week":12,"averageReturn":38.9,"sample":1},{"week":13,"averageReturn":31.3,"sample":1},{"week":14,"averageReturn":20.6,"sample":1},{"week":15,"averageReturn":29.0,"sample":1},{"week":16,"averageReturn":34.0,"sample":1},{"week":17,"averageReturn":34.1,"sample":1},{"week":18,"averageReturn":29.6,"sample":1},{"week":19,"averageReturn":28.1,"sample":1},{"week":20,"averageReturn":35.6,"sample":1},{"week":21,"averageReturn":31.7,"sample":1},{"week":22,"averageReturn":25.2,"sample":1},{"week":23,"averageReturn":25.3,"sample":1},{"week":24,"averageReturn":30.0,"sample":1},{"week":25,"averageReturn":32.0,"sample":1},{"week":26,"averageReturn":28.6,"sample":1}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-15.2,"averageReturn":-15.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-14.0,"sample":1},{"week":2,"averageReturn":-12.8,"sample":1},{"week":3,"averageReturn":-14.4,"sample":1},{"week":4,"averageReturn":-15.2,"sample":1},{"week":5,"averageReturn":-13.3,"sample":1},{"week":6,"averageReturn":-11.5,"sample":1},{"week":7,"averageReturn":-18.8,"sample":1},{"week":8,"averageReturn":-25.7,"sample":1},{"week":9,"averageReturn":-24.3,"sample":1},{"week":10,"averageReturn":-31.3,"sample":1},{"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":5,"completedEpisodes":3,"activeEpisodes":2,"medianExpectedMove":24.6,"averageExpectedMove":22.9,"averageWeeksToLargestMove":3.7,"horizons":[{"weeks":4,"sample":5,"expectedCount":2,"expectedPercent":40.0,"averageReturn":1.9,"medianReturn":-2.3,"confidenceLow":11.8,"confidenceHigh":76.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":5.3,"medianReturn":6.0,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":6.7,"medianReturn":6.7,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":9.2,"sample":5},{"week":2,"averageReturn":4.0,"sample":5},{"week":3,"averageReturn":7.4,"sample":5},{"week":4,"averageReturn":1.9,"sample":5},{"week":5,"averageReturn":-3.6,"sample":5},{"week":6,"averageReturn":3.6,"sample":4},{"week":7,"averageReturn":10.6,"sample":4},{"week":8,"averageReturn":1.8,"sample":4},{"week":9,"averageReturn":-1.8,"sample":4},{"week":10,"averageReturn":-3.7,"sample":4},{"week":11,"averageReturn":-3.3,"sample":4},{"week":12,"averageReturn":5.3,"sample":3},{"week":13,"averageReturn":5.2,"sample":3},{"week":14,"averageReturn":0.5,"sample":3},{"week":15,"averageReturn":0.8,"sample":3},{"week":16,"averageReturn":0.3,"sample":3},{"week":17,"averageReturn":-5.6,"sample":3},{"week":18,"averageReturn":-1.0,"sample":2},{"week":19,"averageReturn":13.6,"sample":2},{"week":20,"averageReturn":6.2,"sample":2},{"week":21,"averageReturn":7.7,"sample":2},{"week":22,"averageReturn":5.4,"sample":2},{"week":23,"averageReturn":5.3,"sample":2},{"week":24,"averageReturn":14.2,"sample":2},{"week":25,"averageReturn":19.2,"sample":2},{"week":26,"averageReturn":6.7,"sample":2}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":5,"completedEpisodes":4,"activeEpisodes":1,"medianExpectedMove":2.6,"averageExpectedMove":2.7,"averageWeeksToLargestMove":3.2,"horizons":[{"weeks":4,"sample":4,"expectedCount":2,"expectedPercent":50.0,"averageReturn":0.9,"medianReturn":-0.3,"confidenceLow":15.0,"confidenceHigh":85.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":4,"expectedCount":0,"expectedPercent":0.0,"averageReturn":17.1,"medianReturn":10.2,"confidenceLow":0.0,"confidenceHigh":49.0,"confidence":"Historically adverse"},{"weeks":26,"sample":3,"expectedCount":0,"expectedPercent":0.0,"averageReturn":28.3,"medianReturn":20.3,"confidenceLow":0.0,"confidenceHigh":56.1,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.5,"sample":5},{"week":2,"averageReturn":-1.3,"sample":5},{"week":3,"averageReturn":-0.7,"sample":4},{"week":4,"averageReturn":0.9,"sample":4},{"week":5,"averageReturn":5.6,"sample":4},{"week":6,"averageReturn":4.8,"sample":4},{"week":7,"averageReturn":6.2,"sample":4},{"week":8,"averageReturn":11.4,"sample":4},{"week":9,"averageReturn":9.8,"sample":4},{"week":10,"averageReturn":11.4,"sample":4},{"week":11,"averageReturn":6.7,"sample":4},{"week":12,"averageReturn":17.1,"sample":4},{"week":13,"averageReturn":12.9,"sample":4},{"week":14,"averageReturn":16.4,"sample":4},{"week":15,"averageReturn":10.8,"sample":4},{"week":16,"averageReturn":10.7,"sample":4},{"week":17,"averageReturn":10.3,"sample":4},{"week":18,"averageReturn":13.3,"sample":4},{"week":19,"averageReturn":12.6,"sample":4},{"week":20,"averageReturn":10.7,"sample":4},{"week":21,"averageReturn":14.2,"sample":4},{"week":22,"averageReturn":13.5,"sample":4},{"week":23,"averageReturn":13.9,"sample":3},{"week":24,"averageReturn":17.9,"sample":3},{"week":25,"averageReturn":20.5,"sample":3},{"week":26,"averageReturn":28.3,"sample":3}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":4,"completedEpisodes":4,"activeEpisodes":0,"medianExpectedMove":4.6,"averageExpectedMove":4.8,"averageWeeksToLargestMove":3.5,"horizons":[{"weeks":4,"sample":4,"expectedCount":2,"expectedPercent":50.0,"averageReturn":8.4,"medianReturn":8.2,"confidenceLow":15.0,"confidenceHigh":85.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":4,"expectedCount":0,"expectedPercent":0.0,"averageReturn":9.6,"medianReturn":9.4,"confidenceLow":0.0,"confidenceHigh":49.0,"confidence":"Historically adverse"},{"weeks":26,"sample":3,"expectedCount":0,"expectedPercent":0.0,"averageReturn":22.3,"medianReturn":25.9,"confidenceLow":0.0,"confidenceHigh":56.1,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.6,"sample":4},{"week":2,"averageReturn":-1.2,"sample":4},{"week":3,"averageReturn":3.5,"sample":4},{"week":4,"averageReturn":8.4,"sample":4},{"week":5,"averageReturn":1.4,"sample":4},{"week":6,"averageReturn":0.1,"sample":4},{"week":7,"averageReturn":1.0,"sample":4},{"week":8,"averageReturn":13.8,"sample":4},{"week":9,"averageReturn":9.0,"sample":4},{"week":10,"averageReturn":5.7,"sample":4},{"week":11,"averageReturn":9.9,"sample":4},{"week":12,"averageReturn":9.6,"sample":4},{"week":13,"averageReturn":7.9,"sample":4},{"week":14,"averageReturn":9.6,"sample":4},{"week":15,"averageReturn":8.4,"sample":4},{"week":16,"averageReturn":6.6,"sample":4},{"week":17,"averageReturn":5.1,"sample":4},{"week":18,"averageReturn":5.7,"sample":4},{"week":19,"averageReturn":8.0,"sample":3},{"week":20,"averageReturn":9.3,"sample":3},{"week":21,"averageReturn":10.6,"sample":3},{"week":22,"averageReturn":23.1,"sample":3},{"week":23,"averageReturn":24.0,"sample":3},{"week":24,"averageReturn":20.4,"sample":3},{"week":25,"averageReturn":16.9,"sample":3},{"week":26,"averageReturn":22.3,"sample":3}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":5,"completedEpisodes":3,"activeEpisodes":2,"medianExpectedMove":24.2,"averageExpectedMove":20.0,"averageWeeksToLargestMove":5.0,"horizons":[{"weeks":4,"sample":4,"expectedCount":1,"expectedPercent":25.0,"averageReturn":-2.4,"medianReturn":-3.6,"confidenceLow":4.6,"confidenceHigh":69.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":1,"expectedPercent":33.3,"averageReturn":1.4,"medianReturn":-3.4,"confidenceLow":6.1,"confidenceHigh":79.2,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-4.6,"medianReturn":-4.6,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.2,"sample":5},{"week":2,"averageReturn":0.8,"sample":5},{"week":3,"averageReturn":1.1,"sample":5},{"week":4,"averageReturn":-2.4,"sample":4},{"week":5,"averageReturn":-3.9,"sample":4},{"week":6,"averageReturn":-4.8,"sample":4},{"week":7,"averageReturn":2.7,"sample":3},{"week":8,"averageReturn":7.5,"sample":3},{"week":9,"averageReturn":6.3,"sample":3},{"week":10,"averageReturn":2.3,"sample":3},{"week":11,"averageReturn":5.0,"sample":3},{"week":12,"averageReturn":1.4,"sample":3},{"week":13,"averageReturn":-5.3,"sample":3},{"week":14,"averageReturn":1.2,"sample":2},{"week":15,"averageReturn":18.9,"sample":2},{"week":16,"averageReturn":9.4,"sample":2},{"week":17,"averageReturn":9.1,"sample":2},{"week":18,"averageReturn":8.4,"sample":2},{"week":19,"averageReturn":14.9,"sample":2},{"week":20,"averageReturn":20.0,"sample":2},{"week":21,"averageReturn":14.0,"sample":2},{"week":22,"averageReturn":10.3,"sample":2},{"week":23,"averageReturn":2.3,"sample":2},{"week":24,"averageReturn":5.5,"sample":2},{"week":25,"averageReturn":-1.9,"sample":2},{"week":26,"averageReturn":-4.6,"sample":1}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-15.2,"medianReturn":-15.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-14.0,"sample":1},{"week":2,"averageReturn":-12.8,"sample":1},{"week":3,"averageReturn":-14.4,"sample":1},{"week":4,"averageReturn":-15.2,"sample":1},{"week":5,"averageReturn":-13.3,"sample":1},{"week":6,"averageReturn":-11.5,"sample":1},{"week":7,"averageReturn":-18.8,"sample":1},{"week":8,"averageReturn":-25.7,"sample":1},{"week":9,"averageReturn":-24.3,"sample":1},{"week":10,"averageReturn":-31.3,"sample":1},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Negative pressure; price rotational","tone":"caution","headline":"Market Dynamics is negative while price remains rotational","use":"Treat the pressure as context until price establishes a clear response.","confirm":"The underlying condition is weak, but a negative price response is still required.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":0.0,"averageReturn":9.6,"sample":4},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price has no clear direction","detail":"Price remains rotational while the Market Dynamics condition develops."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"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, 0.0% of comparable cases moved lower after 12 weeks, with an average move of 9.6% across 4 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 3.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 4.8% across 4 completed cases, with the largest move arriving after 3.5 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2025-08-08","price":34.98}],"distribution_rollovers":[{"date":"2026-06-12","price":45.200001}],"price_pressure_gaps":[{"date":"2026-06-05","price":52.549999}]}},"smTape":{"available":true,"dates":["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":[32.8,34.24,33.0,34.22,31.32,29.44,30.1,27.48,26.2,26.18,27.22,29.84,24.8,25.8,30.3,31.18,29.2,30.58,31.26,34.04,30.96,29.78,28.0,28.62,26.18,26.2,26.08,26.9,26.54,27.44,27.88,30.9,34.98,38.82,44.2,48.0,43.3,37.44,40.46,40.06,36.86,34.86,32.02,34.24,35.56,35.58,34.4,34.0,35.98,34.96,33.24,33.26,34.5,35.02,34.14,34.48,39.76,42.5,37.1,38.28,36.06,37.7,35.98,35.7,35.98,35.44,35.76,37.9,42.16,41.18,40.58,44.8,41.2,38.88,40.96,52.55,45.2,45.82,44.98,44.54,45.58,46.5,42.66,39.02,39.8,36.08],"consensus":[46.4646,-70.2289,28.0,-12.0142,-18.4936,-26.2431,0.0,-36.03,-33.0071,-25.7547,-9.1097,23.9078,-41.1553,0.0,35.6997,14.5474,0.0,22.6425,8.9467,39.976,-14.9122,-16.0445,-28.9398,0.0,-36.9724,-22.3186,-19.3134,0.0,-15.4268,10.0632,0.0,51.3044,57.9225,68.7822,73.5689,76.627,0.0,-26.3288,29.7577,0.0,-31.9747,-33.3969,-51.0371,0.0,0.0,0.0,-17.2794,-17.8246,22.6542,-17.524,-32.4454,-18.8409,0.0,0.0,-12.237,0.0,61.2775,62.9835,-24.6148,23.3938,-28.9973,10.9514,-12.7708,-13.4349,0.0,-16.835,0.0,37.95,62.8706,16.2924,0.0,62.8444,-21.2408,-21.3407,21.5838,72.3889,0.0,26.6416,15.4891,0.0,22.7016,29.9711,-39.5451,-53.9437,-25.8317,-63.0965],"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":[69.6799,74.8205,0.0,-28.4192,38.665,0.0,-31.6142,-36.9385,-52.6611,0.0,0.0,0.0,-26.4743,-20.8518,27.8673,-17.3587,-38.2997,-23.3137,0.0,0.0,-15.5936,0.0,56.7195,63.0951,-34.3822,18.3377,-25.9047,23.999,-10.0327,-9.7156,0.0,-13.9555,0.0,37.4193,57.2385,8.7623,0.0,60.9242,-24.5754,-20.254,27.7919,84.8773,0.0,21.7711,9.7745,0.0,30.1374,38.4244,-41.3263,-52.4002,-23.2355,-65.6512],"force":[86.0145,85.643,0.0,-74.6691,35.6705,0.0,-53.8768,-42.1908,-55.207,0.0,0.0,0.0,-22.8901,-16.3815,41.9233,-29.498,-36.3305,-9.8052,0.0,0.0,-19.8202,0.0,89.689,73.1778,-70.3347,23.8385,-48.6633,17.3932,-19.3164,-11.735,0.0,-17.1515,0.0,60.923,89.6314,11.6969,0.0,77.3925,-62.7242,-36.5708,23.1052,67.6829,0.0,12.9893,1.908,0.0,15.4253,24.1004,-65.1881,-66.61,-5.9036,-66.0337],"direction":[69.1238,72.2516,0.0,-10.5889,15.3543,0.0,-16.7424,-23.0681,-46.2027,0.0,0.0,0.0,-2.7634,-15.3957,2.9326,-9.1602,-22.9798,-20.1833,0.0,0.0,-2.9842,0.0,46.1929,55.5742,-19.2051,28.8547,-18.4844,8.5615,-11.2247,-18.8998,0.0,-19.8998,0.0,22.1472,50.1925,44.8905,0.0,54.6475,-12.201,-11.704,13.4021,61.4778,0.0,41.9594,31.7209,0.0,19.4008,24.5034,-19.1929,-46.6605,-43.0333,-58.0787],"intensity":[94.1176,80.0,88.8889,91.8919,63.1579,74.359,72.5,31.7073,59.5238,37.2093,18.1818,60.0,28.2609,2.1277,33.3333,69.3878,74.0,23.5294,15.3846,48.0769,7.6923,40.3846,94.2308,86.5385,92.3077,57.6923,40.3846,28.8462,25.0,28.8462,21.1538,13.4615,15.3846,48.0769,90.3846,84.6154,42.3077,84.6154,76.9231,90.3846,67.3077,100.0,96.1538,25.0,11.5385,5.7692,11.5385,7.6923,75.0,80.7692,34.6154,71.1538],"confirmation":[91.9806,92.8229,13.227,34.7922,77.5669,26.4388,78.9049,78.9011,84.4342,7.929,27.6447,47.7408,50.8936,73.6138,53.0905,73.9751,78.4117,73.6856,28.2724,0.7298,49.4291,24.3017,88.5441,88.4637,35.885,75.5766,77.9256,27.9951,72.3279,72.304,24.9082,73.4407,24.6213,80.8522,89.02,29.6373,6.2775,88.5828,33.2801,75.3097,74.8586,90.8307,7.855,76.1834,49.963,25.3718,74.9294,77.283,81.4088,85.6715,53.0317,88.2415],"persistence":[50.0,62.5,75.0,50.0,62.5,50.0,25.0,0.0,25.0,37.5,37.5,25.0,50.0,62.5,37.5,37.5,37.5,50.0,50.0,50.0,50.0,37.5,37.5,12.5,12.5,12.5,0.0,12.5,12.5,0.0,12.5,37.5,25.0,25.0,0.0,0.0,12.5,37.5,25.0,25.0,37.5,37.5,25.0,25.0,37.5,25.0,50.0,75.0,50.0,25.0,12.5,12.5],"assessmentRisk":[13.2155,11.6865,46.6375,7.2031,55.8967,45.9501,31.7152,14.653,23.5447,46.2554,20.8865,14.1389,39.8109,4.6527,3.3714,3.9663,11.1308,11.8163,39.0454,1.2006,33.9312,36.3459,19.1234,18.4793,54.2886,34.2035,30.5826,53.431,14.5324,32.329,2.103,27.932,1.1033,16.4244,17.5355,41.08,45.0713,18.4911,9.5779,27.8724,2.5131,12.3069,35.1064,32.7226,28.6005,44.5223,6.9952,7.0045,4.5832,15.2246,30.6998,17.662],"volumeParticipation":true,"latest":{"consensus":-63.1,"control":-65.7,"force":-66.0,"direction":-58.1,"confirmation":88.2,"persistence":12.5,"assessmentRisk":17.7,"intensity":71.2,"evidenceDepth":100},"analysis":{"status":"Market Dynamics 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":"Market Dynamics","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":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-63.1","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-65.7","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-66.0","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-58.1","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"88/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"42.7","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"11.3%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"18.6","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"11%","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":[32.8,34.24,33.0,34.22,31.32,29.44,30.1,27.48,26.2,26.18,27.22,29.84,24.8,25.8,30.3,31.18,29.2,30.58,31.26,34.04,30.96,29.78,28.0,28.62,26.18,26.2,26.08,26.9,26.54,27.44,27.88,30.9,34.98,38.82,44.2,48.0,43.3,37.44,40.46,40.06,36.86,34.86,32.02,34.24,35.56,35.58,34.4,34.0,35.98,34.96,33.24,33.26,34.5,35.02,34.14,34.48,39.76,42.5,37.1,38.28,36.06,37.7,35.98,35.7,35.98,35.44,35.76,37.9,42.16,41.18,40.58,44.8,41.2,38.88,40.96,52.55,45.2,45.82,44.98,44.54,45.58,46.5,42.66,39.02,39.8,36.08],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,32.9099,32.279,31.8828,31.0823,30.1946,29.4647,29.0566,29.199,28.3992,27.9266,28.3581,28.8712,28.931,29.2308,29.5997,30.4071,30.5076,30.3753,29.9434,29.7028,29.0623,28.5419,28.0943,27.8771,27.634,27.5987,27.6499,28.2408,29.4661,31.1668,33.5365,36.1662,37.4633,37.459,38.0047,38.3784,38.1023,37.5128,36.5141,36.1006,36.0023,35.9255,35.6482,35.3485,35.4633,35.3718,34.9842,34.6707,34.6397,34.7088,34.6054,34.5826,35.5239,36.7923,36.8483,37.1086,36.9179,37.0601,36.8637,36.6521,36.5299,36.3318,36.2278,36.5318,37.5551,38.2142,38.6444,39.7636,40.0247,39.8166,40.0245,42.3019,42.8288,43.3726,43.6649,43.824,44.1433,44.5718,44.2242,43.278,42.6456,41.4519],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,30.4079,30.0666,30.0839,30.1651,30.0936,30.1296,30.2134,30.4968,30.5311,30.4755,30.2921,30.1683,29.8728,29.6008,29.34,29.1592,28.9652,28.8522,28.7802,28.9372,29.3849,30.0838,31.1294,32.3791,33.188,33.503,34.0183,34.4659,34.6432,34.6593,34.4638,34.4472,34.5296,34.6074,34.5921,34.5482,34.6543,34.6769,34.5705,34.4734,34.4754,34.5157,34.4879,34.4873,34.8779,35.4425,35.5653,35.7663,35.7881,35.9297,35.9334,35.9162,35.9209,35.8853,35.876,36.0259,36.4803,36.8284,37.1063,37.6762,37.9372,38.0071,38.2258,39.2869,39.7249,40.1764,40.5322,40.8291,41.181,41.575,41.6554,41.4601,41.3372,40.9477],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,36.4173,36.1502,35.8704,35.9363,35.768,35.6236,35.5871,35.3875,35.2963,35.2765,35.6669,35.4467,34.8509,34.4092,33.6197,33.4163,33.3884,33.2732,33.2755,33.2626,33.2349,33.2393,33.3719,34.2939,36.2233,39.4812,43.131,44.8815,45.4159,46.3272,46.9861,47.3343,47.4975,47.4768,47.5413,47.5052,47.38,47.0877,46.7792,46.3756,45.9162,45.4176,45.2522,45.256,45.0727,43.9229,41.0704,40.0458,41.1793,40.6136,40.2615,40.1894,40.4168,40.3175,40.3312,40.3494,40.345,40.3586,40.5287,41.5551,42.2037,42.5487,43.7613,44.081,44.1131,44.2399,47.5046,48.1523,48.6518,49.2043,49.6434,50.101,50.6844,50.6542,50.4599,50.25,50.1765],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,24.5787,24.2498,24.4696,23.5775,23.1805,23.4351,23.6779,23.8266,24.0259,24.2141,24.2531,24.2893,24.4391,24.3808,24.6103,24.2997,24.0036,23.7168,23.6565,23.7034,23.8571,23.9187,23.8921,23.9881,23.3607,21.4928,19.525,19.1845,19.3361,19.3448,19.2879,19.5297,19.8745,20.2972,20.7947,21.7688,22.832,23.9563,24.9748,26.3224,27.5338,28.5684,28.9698,28.918,28.7213,28.8651,30.3656,31.0362,30.4087,30.6384,30.8125,30.8046,30.8612,31.3565,31.4888,31.5126,31.503,31.6254,31.8453,31.4369,31.4103,31.7993,31.7407,32.091,32.4449,33.0001,31.5424,31.4387,31.2712,31.5067,31.6936,32.188,32.4846,33.1828,33.7091,34.301,34.4385],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,-6.7591,-2.7471,-2.8228,-10.4278,-12.4928,-1.5866,-1.3111,-11.6819,-13.0612,-16.5811,-11.4328,-9.4862,-12.235,-11.2488,-10.2413,-10.8415,-12.8015,-6.2764,-7.0965,-8.3185,-2.5533,-5.8497,-7.337,-1.2744,25.7173,5.9504,1.4339,2.5435,0.2313,2.866,7.0434,-1.8016,-6.9521,-7.1334,-17.625],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,-3.6215,-0.0584,-8.528,-14.0187,-12.0911,-19.743,-23.4813,-23.5397,-20.5023,-12.8505,-27.5701,-24.6495,-11.507,-8.9369,-14.7196,-10.6893,-8.7033,-0.5841,-9.5794,-13.0257,-18.2243,-16.4136,-23.5397,-23.4813,-23.8318,-21.4369,-22.4883,-19.8598,-18.5748,-9.7547,0.0,0.0,0.0,0.0,-9.7917,-22.0,-15.7083,-16.5417,-23.2083,-27.375,-33.2917,-28.6667,-25.9167,-25.875,-28.3333,-29.1667,-25.0417,-27.1667,-30.75,-30.7083,-28.125,-27.0417,-28.875,-28.1667,-17.1667,-11.4583,-22.7083,-20.25,-24.875,-21.4583,-25.0417,-25.625,-25.0417,-26.1667,-25.5,-21.0417,-12.1667,-14.2083,-15.4583,-6.6667,-14.1667,-19.0,-14.6667,0.0,-13.9867,-12.8068,-14.4053,-15.2426,-13.2636,-11.5128,-18.8202,-25.7469,-24.2626,-31.3416],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.0,0.0,0.0,3.9725,13.9801,0.0,4.0323,22.1774,25.7258,17.7419,23.3065,26.0484,37.2581,24.8387,20.0807,12.9032,15.4032,5.5645,5.6452,5.1613,8.4677,7.0161,10.6452,12.4194,24.5968,41.0484,56.5323,78.2258,93.5484,74.5968,50.9677,56.8217,53.6043,41.3344,33.6656,22.7761,31.2884,36.3497,36.4264,31.9018,30.3681,37.9601,34.0491,27.454,27.5307,29.9925,31.9518,24.4169,23.6729,28.6731,32.7295,15.8651,19.5503,12.6171,17.7389,12.3673,11.4928,12.3673,10.6808,11.6802,18.3635,26.8351,23.8869,22.0818,34.7774,23.947,16.9675,23.225,58.0926,35.899,34.2121,31.7516,30.4628,32.1926,31.2077,20.3725,10.1016,12.3025,1.8059],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,-1.6144,-1.7336,-1.4483,-1.138,-1.0399,-0.8412,-0.6216,-0.2207,-0.1498,-0.1867,-0.3554,-0.4341,-0.6855,-0.873,-1.0196,-1.0574,-1.1036,-1.0555,-0.9707,-0.6522,-0.0699,0.6936,1.7129,2.7952,3.2364,3.0776,3.1591,3.1551,2.8607,2.4379,1.8523,1.5494,1.3998,1.2683,1.0566,0.8468,0.8308,0.7273,0.5008,0.3192,0.2722,0.2738,0.2017,0.17,0.5645,1.0857,1.0509,1.1058,0.9591,0.964,0.8197,0.675,0.5763,0.4492,0.3701,0.4746,0.891,1.1288,1.2544,1.6752,1.6985,1.5124,1.5153,2.4249,2.5235,2.6215,2.6014,2.5209,2.512,2.5499,2.2442,1.6887,1.2964,0.6776],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-1.4142,-1.2996,-1.164,-0.9753,-0.8102,-0.6855,-0.6195,-0.5824,-0.603,-0.657,-0.7295,-0.7951,-0.8568,-0.8965,-0.9114,-0.8595,-0.7016,-0.4226,0.0045,0.5627,1.0974,1.4935,1.8266,2.0923,2.246,2.2843,2.1979,2.0682,1.9346,1.8013,1.6524,1.4913,1.3592,1.2328,1.0864,0.933,0.8008,0.6954,0.5967,0.5113,0.522,0.6347,0.718,0.7955,0.8282,0.8554,0.8483,0.8136,0.7661,0.7028,0.6362,0.6039,0.6613,0.7548,0.8547,1.0188,1.1548,1.2263,1.2841,1.5123,1.7145,1.8959,2.037,2.1338,2.2094,2.2775,2.2708,2.1544,1.9828,1.7218],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.3743,0.4585,0.5424,0.7547,0.6604,0.4989,0.2641,0.1483,-0.0825,-0.216,-0.29,-0.2623,-0.2468,-0.159,-0.0593,0.2073,0.6318,1.1161,1.7084,2.2325,2.139,1.5842,1.3325,1.0628,0.6147,0.1535,-0.3457,-0.5188,-0.5347,-0.533,-0.5958,-0.6444,-0.5284,-0.5055,-0.5856,-0.6137,-0.5286,-0.4216,-0.395,-0.3413,0.0425,0.451,0.3329,0.3103,0.1308,0.1087,-0.0285,-0.1386,-0.1899,-0.2535,-0.2661,-0.1293,0.2296,0.374,0.3997,0.6563,0.5438,0.2861,0.2312,0.9126,0.809,0.7256,0.5644,0.3871,0.3026,0.2724,-0.0267,-0.4657,-0.6864,-1.0442],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"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,23.1507,14.3836,14.2466,21.3699,39.3151,4.7945,15.5759,45.0262,50.7853,37.8272,46.8586,51.3089,69.5026,49.3455,41.623,29.9738,34.0314,18.0628,18.1937,17.4084,24.5416,22.0028,32.3151,38.8502,65.1568,73.0721,90.1639,89.1081,96.8479,78.3294,55.2403,67.1395,62.8717,49.2778,40.7817,28.7171,38.1478,43.7553,43.8403,38.8275,37.1283,45.5395,41.2065,33.8998,33.9847,37.4453,39.2416,35.3615,33.3954,56.705,64.527,31.4988,38.4075,25.4098,36.2864,36.2245,35.3464,37.833,33.0373,35.8792,54.8846,92.5993,81.6902,64.7761,93.4782,63.0936,47.3541,61.4654,100.0,64.4068,67.4092,61.2788,59.0281,63.1802,67.2442,46.4537,26.7461,30.9691,10.8284],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-28.9922,-32.2997,-32.3514,-29.6641,-22.8941,-35.9173,-33.3333,-21.7054,-19.4315,-24.5478,-20.9819,-19.2248,-12.0413,-20.0,-23.0491,-27.6486,-26.0465,-32.3514,-32.2997,-32.6098,-28.4574,-29.4149,-23.4802,-20.1146,-11.4613,-10.8563,-4.1481,-5.4343,-1.6393,-11.2705,-23.2787,-17.0902,-17.9098,-24.4672,-28.5656,-34.3852,-29.8361,-27.1311,-27.0902,-29.5082,-30.3279,-26.2705,-28.3607,-31.8852,-31.8443,-29.3033,-28.2377,-30.041,-29.3443,-18.5246,-12.9098,-23.9754,-21.5574,-26.1066,-21.7842,-17.2493,-16.9381,-16.2866,-17.543,-16.7985,-11.8194,-1.9079,-4.8081,-10.4194,-1.9694,-11.6638,-16.6381,-12.1784,0.0,-13.9867,-12.8068,-14.4053,-15.2426,-13.2636,-11.5128,-18.8202,-25.7469,-24.2626,-31.3416],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,14.0249,8.7137,8.6307,12.9461,23.8174,2.9046,10.1623,29.3766,33.1341,24.6798,30.5722,33.4757,45.3459,32.1947,27.1563,19.5559,22.2032,11.7848,11.8702,11.3578,14.8591,13.322,17.1648,19.0435,31.9385,49.3595,65.7558,88.7276,104.953,84.8847,59.8634,72.7583,58.5907,45.9224,38.0048,26.7617,35.5503,40.7759,40.8551,36.1837,34.6002,42.4386,38.4006,31.5915,31.6706,32.9992,34.0735,30.7044,26.3004,42.4069,36.9201,16.9609,20.681,13.6822,18.8525,13.43,12.5473,13.43,11.7276,12.7364,19.483,32.163,29.0909,27.21,40.4389,29.1536,21.8809,28.4013,64.7335,41.6928,43.6364,36.303,34.9697,35.5741,36.4437,25.176,14.4953,16.784,5.8685],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,30.949,31.4505,31.4304,51.0125,45.4827,34.0498,47.9014,64.5255,87.8687,58.2815,49.6081,61.0166,76.6683,46.5425,48.1643,41.0203,29.2974,30.905,25.8568,35.6078,56.3195,61.5981,57.102,63.5642,78.0355,262.2548,219.218,171.559,157.6499,173.9512,90.0345,76.0308,63.5801,52.1253,62.3204,63.2273,103.7023,62.9165,86.1315,67.4302,50.9505,73.3399,104.8038,50.3241,46.924,54.8876,93.8061,108.178,59.373,146.5367,149.315,108.9206,69.7699,90.4124,56.2432,74.5187,69.0544,45.9224,93.4497,125.7044,139.9009,275.0868,105.0056,96.5852,116.0602,102.6134,70.92,16.6871,44.2937,49.7516,15.173,10.6455,28.2483,17.2539,61.4007,70.4868,77.6659,57.9647,52.6138],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,123.7815,119.156,114.8606,121.5065,127.1522,123.1459,128.5649,135.0,135.0,130.197,134.1675,135.0,135.0,132.5655,130.3828,128.6887,129.6989,128.7027,129.4965,128.4845,130.0452,128.3725,129.8926,131.5089,133.4355,135.0,135.0,135.0,135.0,131.8775,130.276,131.59,130.5498,129.7148,128.7281,127.7288,129.423,130.4641,131.9312,130.7645,129.8854,131.1594,129.2906,128.3961,129.2213,130.0893,131.4539,129.9666,130.7232,132.4913,134.3091,132.9823,133.8253,132.7208,133.3992,132.5042,131.7058,132.2248,131.1888,132.5975,134.2172,135.0,133.7912,132.6651,134.0545,132.8032,131.9532,132.1433,132.6433,132.1092,132.2604,132.1604,131.9022,132.0523,132.5836,131.9818,131.3218,131.8147,131.3812],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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/d37b1a92-b9a4-4f85-8dc7-02435a06e51e/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/d37b1a92-b9a4-4f85-8dc7-02435a06e51e/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/d37b1a92-b9a4-4f85-8dc7-02435a06e51e/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/d37b1a92-b9a4-4f85-8dc7-02435a06e51e/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/d37b1a92-b9a4-4f85-8dc7-02435a06e51e/technical-pack/data.json"},"source_fingerprint":"c208a0bf0982de79137e0b7fe91443d9726597270e65fe39ce28fed6bcf846b4","content_hash":"cc434b3566fd035e208e7b80ce34667b27291db8ecccf427a81fa5e6c39b8950","citation":"Sharemaestro, CGCAM Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/d37b1a92-b9a4-4f85-8dc7-02435a06e51e/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."}