{"schema_version":"1.0","name":"DADS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"dc639b74-3cda-4083-a872-952d9a4d6d6d","symbol":"DADS","name":"DIREXION DIGITAL ADVERTISING ETF","exchange":"NASDAQ","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Activity pressure and cumulative balance, Range pressure and compression, Acceleration, deceleration and rollover, Directional strength and control, Drawdown and recovery pressure."},{"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":55,"displayedObservations":55,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","evidenceAlignment":{"status":"Price ahead of underlying support","headline":"The upward price response is leading Market Dynamics","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","take":"Treat the gap as an early-downside risk watch. Stronger Market Dynamics would confirm the price move; a weaker price response would confirm that the gap is closing through correction.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[-0.075904,-0.037634,-0.093532,-0.201241,-0.334547,-0.494698,-0.45499,-0.274273,0.10945,0.461763,0.818644,1.063846,1.143617,1.228308,1.253233,1.220435,1.203665,1.252288,1.186481,0.934484,0.706065,0.193525,-0.185069,-0.396674,-0.654447,-0.663101,-0.685828],"opens":[19.023674,19.018246,19.301397,18.771512,19.141613,18.998507,18.29,18.83,19.45,20.2016,19.846394,20.10197,20.917844,20.426353,21.006509,21.438824,20.544311,21.14393,21.428995,20.56,20.23,19.93,19.9699,19.78,19.725,19.79,20.0514],"highs":[19.161351,19.551191,19.378477,19.067592,19.220567,19.077462,18.68,19.38,20.09,20.39,19.998757,20.971908,21.060376,20.858767,21.325781,21.50262,20.957163,21.320867,21.428995,20.56,20.242,20.13,20.23,19.78,20.1206,20.005,20.09],"lows":[18.978768,18.983703,18.810989,18.741904,18.741904,18.3962,18.24,18.815,19.45,20.035,19.472862,20.10197,20.559056,20.308396,21.006509,20.170778,20.396864,21.025972,20.298664,19.98,19.77,19.635,19.74,19.1352,19.72,19.71,19.73],"closes":[19.052788,19.230437,18.810989,18.880075,18.741904,18.3962,18.68,19.35,20.09,20.27,19.998757,20.709944,20.662269,20.804801,21.261888,20.391949,20.88403,21.148845,20.499782,20.01,20.08,19.635,19.775,19.545,19.815,20.005,20.015],"hoverRows":[[{"label":"Open","value":"19.0","className":"is-ohlc","compact":true},{"label":"High","value":"19.2","className":"is-ohlc","compact":true},{"label":"Low","value":"19.0","className":"is-ohlc","compact":true},{"label":"Close","value":"19.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.08","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.0","className":"is-ohlc","compact":true},{"label":"High","value":"19.6","className":"is-ohlc","compact":true},{"label":"Low","value":"19.0","className":"is-ohlc","compact":true},{"label":"Close","value":"19.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.04","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.3","className":"is-ohlc","compact":true},{"label":"High","value":"19.4","className":"is-ohlc","compact":true},{"label":"Low","value":"18.8","className":"is-ohlc","compact":true},{"label":"Close","value":"18.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.09","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.8","className":"is-ohlc","compact":true},{"label":"High","value":"19.1","className":"is-ohlc","compact":true},{"label":"Low","value":"18.7","className":"is-ohlc","compact":true},{"label":"Close","value":"18.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.20","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.1","className":"is-ohlc","compact":true},{"label":"High","value":"19.2","className":"is-ohlc","compact":true},{"label":"Low","value":"18.7","className":"is-ohlc","compact":true},{"label":"Close","value":"18.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.33","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.0","className":"is-ohlc","compact":true},{"label":"High","value":"19.1","className":"is-ohlc","compact":true},{"label":"Low","value":"18.4","className":"is-ohlc","compact":true},{"label":"Close","value":"18.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.49","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.3","className":"is-ohlc","compact":true},{"label":"High","value":"18.7","className":"is-ohlc","compact":true},{"label":"Low","value":"18.2","className":"is-ohlc","compact":true},{"label":"Close","value":"18.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.45","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.8","className":"is-ohlc","compact":true},{"label":"High","value":"19.4","className":"is-ohlc","compact":true},{"label":"Low","value":"18.8","className":"is-ohlc","compact":true},{"label":"Close","value":"19.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.27","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.4","className":"is-ohlc","compact":true},{"label":"High","value":"20.1","className":"is-ohlc","compact":true},{"label":"Low","value":"19.4","className":"is-ohlc","compact":true},{"label":"Close","value":"20.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.11","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"20.2","className":"is-ohlc","compact":true},{"label":"High","value":"20.4","className":"is-ohlc","compact":true},{"label":"Low","value":"20.0","className":"is-ohlc","compact":true},{"label":"Close","value":"20.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.46","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.8","className":"is-ohlc","compact":true},{"label":"High","value":"20.0","className":"is-ohlc","compact":true},{"label":"Low","value":"19.5","className":"is-ohlc","compact":true},{"label":"Close","value":"20.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.82","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.1","className":"is-ohlc","compact":true},{"label":"High","value":"21.0","className":"is-ohlc","compact":true},{"label":"Low","value":"20.1","className":"is-ohlc","compact":true},{"label":"Close","value":"20.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.06","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"20.9","className":"is-ohlc","compact":true},{"label":"High","value":"21.1","className":"is-ohlc","compact":true},{"label":"Low","value":"20.6","className":"is-ohlc","compact":true},{"label":"Close","value":"20.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.14","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"20.4","className":"is-ohlc","compact":true},{"label":"High","value":"20.9","className":"is-ohlc","compact":true},{"label":"Low","value":"20.3","className":"is-ohlc","compact":true},{"label":"Close","value":"20.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.23","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.0","className":"is-ohlc","compact":true},{"label":"High","value":"21.3","className":"is-ohlc","compact":true},{"label":"Low","value":"21.0","className":"is-ohlc","compact":true},{"label":"Close","value":"21.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.25","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.4","className":"is-ohlc","compact":true},{"label":"High","value":"21.5","className":"is-ohlc","compact":true},{"label":"Low","value":"20.2","className":"is-ohlc","compact":true},{"label":"Close","value":"20.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.22","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.5","className":"is-ohlc","compact":true},{"label":"High","value":"21.0","className":"is-ohlc","compact":true},{"label":"Low","value":"20.4","className":"is-ohlc","compact":true},{"label":"Close","value":"20.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.20","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.1","className":"is-ohlc","compact":true},{"label":"High","value":"21.3","className":"is-ohlc","compact":true},{"label":"Low","value":"21.0","className":"is-ohlc","compact":true},{"label":"Close","value":"21.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.25","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.4","className":"is-ohlc","compact":true},{"label":"High","value":"21.4","className":"is-ohlc","compact":true},{"label":"Low","value":"20.3","className":"is-ohlc","compact":true},{"label":"Close","value":"20.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.19","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.6","className":"is-ohlc","compact":true},{"label":"High","value":"20.6","className":"is-ohlc","compact":true},{"label":"Low","value":"20.0","className":"is-ohlc","compact":true},{"label":"Close","value":"20.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.93","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.2","className":"is-ohlc","compact":true},{"label":"High","value":"20.2","className":"is-ohlc","compact":true},{"label":"Low","value":"19.8","className":"is-ohlc","compact":true},{"label":"Close","value":"20.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.71","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.9","className":"is-ohlc","compact":true},{"label":"High","value":"20.1","className":"is-ohlc","compact":true},{"label":"Low","value":"19.6","className":"is-ohlc","compact":true},{"label":"Close","value":"19.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.19","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.0","className":"is-ohlc","compact":true},{"label":"High","value":"20.2","className":"is-ohlc","compact":true},{"label":"Low","value":"19.7","className":"is-ohlc","compact":true},{"label":"Close","value":"19.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.19","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.8","className":"is-ohlc","compact":true},{"label":"High","value":"19.8","className":"is-ohlc","compact":true},{"label":"Low","value":"19.1","className":"is-ohlc","compact":true},{"label":"Close","value":"19.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.40","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.7","className":"is-ohlc","compact":true},{"label":"High","value":"20.1","className":"is-ohlc","compact":true},{"label":"Low","value":"19.7","className":"is-ohlc","compact":true},{"label":"Close","value":"19.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.65","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.8","className":"is-ohlc","compact":true},{"label":"High","value":"20.0","className":"is-ohlc","compact":true},{"label":"Low","value":"19.7","className":"is-ohlc","compact":true},{"label":"Close","value":"20.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.66","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.1","className":"is-ohlc","compact":true},{"label":"High","value":"20.1","className":"is-ohlc","compact":true},{"label":"Low","value":"19.7","className":"is-ohlc","compact":true},{"label":"Close","value":"20.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.69","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[18.224259,21.433829],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.685828,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"slight easing","fourWeekDirection":"weakening","now":{"label":"Slightly 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 is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Price response ahead of support","detail":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","annotations":[{"label":"Current tape relationship","value":"Price response ahead of support","detail":"Market Dynamics weakened this week and remains below zero.","tone":"caution"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"17 Apr 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Lagging price","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":27,"relationship":{"sameWeekCorrelation":0.46,"forwardCorrelation":-0.67,"directionalAgreement":59.1,"sample":22,"correlationSample":26,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":10.2,"averageReturn":10.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":15.0,"averageReturn":15.0,"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":1.5,"sample":1},{"week":2,"averageReturn":5.2,"sample":1},{"week":3,"averageReturn":9.2,"sample":1},{"week":4,"averageReturn":10.2,"sample":1},{"week":5,"averageReturn":8.7,"sample":1},{"week":6,"averageReturn":12.6,"sample":1},{"week":7,"averageReturn":12.3,"sample":1},{"week":8,"averageReturn":13.1,"sample":1},{"week":9,"averageReturn":15.6,"sample":1},{"week":10,"averageReturn":10.8,"sample":1},{"week":11,"averageReturn":13.5,"sample":1},{"week":12,"averageReturn":15.0,"sample":1},{"week":13,"averageReturn":11.4,"sample":1},{"week":14,"averageReturn":8.8,"sample":1},{"week":15,"averageReturn":9.2,"sample":1},{"week":16,"averageReturn":6.7,"sample":1},{"week":17,"averageReturn":7.5,"sample":1},{"week":18,"averageReturn":6.2,"sample":1},{"week":19,"averageReturn":7.7,"sample":1},{"week":20,"averageReturn":8.7,"sample":1},{"week":21,"averageReturn":8.8,"sample":1},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1.0,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-5.4,"averageReturn":-5.4,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-5.9,"averageReturn":-5.9,"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":-3.6,"sample":2},{"week":2,"averageReturn":-3.6,"sample":2},{"week":3,"averageReturn":-2.8,"sample":2},{"week":4,"averageReturn":-5.4,"sample":2},{"week":5,"averageReturn":-6.2,"sample":2},{"week":6,"averageReturn":-6.6,"sample":2},{"week":7,"averageReturn":-7.0,"sample":2},{"week":8,"averageReturn":-6.2,"sample":2},{"week":9,"averageReturn":-6.7,"sample":2},{"week":10,"averageReturn":-6.8,"sample":1},{"week":11,"averageReturn":-5.9,"sample":1},{"week":12,"averageReturn":-5.9,"sample":1},{"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":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":5.8,"averageExpectedMove":5.8,"averageWeeksToLargestMove":6.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-0.5,"medianReturn":-0.5,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-0.0,"medianReturn":-0.0,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.1,"sample":2},{"week":2,"averageReturn":-1.1,"sample":2},{"week":3,"averageReturn":-0.5,"sample":2},{"week":4,"averageReturn":-0.5,"sample":2},{"week":5,"averageReturn":-1.2,"sample":2},{"week":6,"averageReturn":0.3,"sample":2},{"week":7,"averageReturn":-2.5,"sample":2},{"week":8,"averageReturn":-0.6,"sample":2},{"week":9,"averageReturn":0.5,"sample":2},{"week":10,"averageReturn":-1.1,"sample":2},{"week":11,"averageReturn":-0.4,"sample":1},{"week":12,"averageReturn":-0.0,"sample":1},{"week":13,"averageReturn":-2.3,"sample":1},{"week":14,"averageReturn":-1.6,"sample":1},{"week":15,"averageReturn":-2.7,"sample":1},{"week":16,"averageReturn":-1.4,"sample":1},{"week":17,"averageReturn":-0.4,"sample":1},{"week":18,"averageReturn":-0.4,"sample":1},{"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}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":1.8,"averageExpectedMove":1.8,"averageWeeksToLargestMove":1.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":4.2,"medianReturn":4.2,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":11.4,"medianReturn":11.4,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.5,"sample":2},{"week":2,"averageReturn":-0.1,"sample":2},{"week":3,"averageReturn":2.2,"sample":2},{"week":4,"averageReturn":4.2,"sample":2},{"week":5,"averageReturn":8.2,"sample":1},{"week":6,"averageReturn":6.7,"sample":1},{"week":7,"averageReturn":10.5,"sample":1},{"week":8,"averageReturn":10.2,"sample":1},{"week":9,"averageReturn":11.0,"sample":1},{"week":10,"averageReturn":13.4,"sample":1},{"week":11,"averageReturn":8.8,"sample":1},{"week":12,"averageReturn":11.4,"sample":1},{"week":13,"averageReturn":12.8,"sample":1},{"week":14,"averageReturn":9.4,"sample":1},{"week":15,"averageReturn":6.8,"sample":1},{"week":16,"averageReturn":7.1,"sample":1},{"week":17,"averageReturn":4.8,"sample":1},{"week":18,"averageReturn":5.5,"sample":1},{"week":19,"averageReturn":4.3,"sample":1},{"week":20,"averageReturn":5.7,"sample":1},{"week":21,"averageReturn":6.7,"sample":1},{"week":22,"averageReturn":6.8,"sample":1},{"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":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":3.4,"averageExpectedMove":3.4,"averageWeeksToLargestMove":3.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":7.0,"medianReturn":7.0,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":3.4,"medianReturn":3.4,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.9,"sample":2},{"week":2,"averageReturn":4.8,"sample":1},{"week":3,"averageReturn":3.4,"sample":1},{"week":4,"averageReturn":7.0,"sample":1},{"week":5,"averageReturn":6.8,"sample":1},{"week":6,"averageReturn":7.5,"sample":1},{"week":7,"averageReturn":9.9,"sample":1},{"week":8,"averageReturn":5.4,"sample":1},{"week":9,"averageReturn":7.9,"sample":1},{"week":10,"averageReturn":9.3,"sample":1},{"week":11,"averageReturn":5.9,"sample":1},{"week":12,"averageReturn":3.4,"sample":1},{"week":13,"averageReturn":3.8,"sample":1},{"week":14,"averageReturn":1.5,"sample":1},{"week":15,"averageReturn":2.2,"sample":1},{"week":16,"averageReturn":1.0,"sample":1},{"week":17,"averageReturn":2.4,"sample":1},{"week":18,"averageReturn":3.4,"sample":1},{"week":19,"averageReturn":3.4,"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}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":2,"completedEpisodes":0,"activeEpisodes":2,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-2.7,"medianReturn":-2.7,"confidenceLow":0.0,"confidenceHigh":65.8,"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":0.8,"sample":2},{"week":3,"averageReturn":-1.8,"sample":2},{"week":4,"averageReturn":-2.7,"sample":2},{"week":5,"averageReturn":-3.1,"sample":2},{"week":6,"averageReturn":-3.5,"sample":2},{"week":7,"averageReturn":-2.7,"sample":2},{"week":8,"averageReturn":-3.3,"sample":2},{"week":9,"averageReturn":-2.8,"sample":1},{"week":10,"averageReturn":-1.9,"sample":1},{"week":11,"averageReturn":-1.8,"sample":1},{"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}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":5.6,"averageExpectedMove":5.6,"averageWeeksToLargestMove":12.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-1.5,"medianReturn":-1.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-5.6,"medianReturn":-5.6,"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":-0.2,"sample":1},{"week":2,"averageReturn":0.5,"sample":1},{"week":3,"averageReturn":2.7,"sample":1},{"week":4,"averageReturn":-1.5,"sample":1},{"week":5,"averageReturn":0.8,"sample":1},{"week":6,"averageReturn":2.1,"sample":1},{"week":7,"averageReturn":-1.0,"sample":1},{"week":8,"averageReturn":-3.4,"sample":1},{"week":9,"averageReturn":-3.0,"sample":1},{"week":10,"averageReturn":-5.2,"sample":1},{"week":11,"averageReturn":-4.5,"sample":1},{"week":12,"averageReturn":-5.6,"sample":1},{"week":13,"averageReturn":-4.3,"sample":1},{"week":14,"averageReturn":-3.4,"sample":1},{"week":15,"averageReturn":-3.4,"sample":1},{"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":"Price ahead of underlying support","tone":"caution","headline":"Price is leading its underlying support","use":"Market Dynamics must catch up or price may correct toward the weaker underlying position.","confirm":"Treat the gap as an early-downside risk watch. Stronger Market Dynamics would confirm the price move; a weaker price response would confirm that the gap is closing through correction.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":0.0,"averageReturn":3.4,"sample":1},"nowContext":{"label":"Slightly 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 is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 0.0% of comparable cases moved lower after 12 weeks, with an average move of 3.4% across 1 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 1.0 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 3.4% across 1 completed cases, with the largest move arriving after 3.0 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2026-04-17","price":20.09}],"reversal_warnings":[{"date":"2026-05-08","price":20.709944}],"reversal_dangers":[{"date":"2026-05-15","price":20.662269}]}},"smTape":{"available":true,"dates":["2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[19.3159,19.5972,19.6069,19.5051,19.4372,20.1357,20.6007,20.3637,21.2854,21.3726,21.3418,21.486,21.4159,20.6347,19.1035,18.5899,19.6549,19.4704,19.4353,19.0503,18.9274,19.0725,19.3834,20.2391,20.0496,19.6024,18.9886,19.2107,19.0528,19.2304,18.811,18.8801,18.7419,18.3962,18.68,19.35,20.09,20.27,19.9988,20.7099,20.6623,20.8048,21.2619,20.3919,20.884,21.1488,20.4998,20.01,20.08,19.635,19.775,19.545,19.815,20.005,20.015],"consensus":[-28.5717,68.0003,31.9147,-13.1816,18.6755,71.8822,79.5006,13.7105,83.5476,38.0609,26.7814,50.2132,17.8828,-42.4164,-75.458,-77.728,0.0,-43.1614,-26.8372,-17.0314,-52.8939,-11.1648,0.0,61.0867,20.6822,-21.8973,-48.9903,0.0,-35.1747,0.0,-47.6228,-19.4651,-40.6905,-55.9349,0.0,51.5107,72.4753,47.1664,24.2918,65.3298,21.6446,50.2364,62.1366,-29.9638,50.4542,38.715,-36.1706,-42.7829,-11.8465,-54.5594,-23.6556,-33.6433,0.0,21.2709,6.9129],"supportDates":["2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,null,72.732,89.1949,10.4202,88.0737,18.1349,4.6798,37.2426,7.8052,-36.7458,-68.7309,-77.7562,0.0,-42.4261,-39.3556,-19.6531,-59.0291,-3.7193,0.0,61.4269,18.6545,-31.9061,-40.4873,0.0,-29.3406,0.0,-56.7994,-16.7956,-46.9161,-59.7293,0.0,48.9718,73.6326,46.0374,28.9817,64.6812,11.3605,55.3746,65.0824,-29.4538,53.8905,33.3441,-29.8628,-46.234,-6.2729,-55.7547,-25.814,-27.9304,0.0,25.048,7.1241],"force":[-13.1816,0.2159,57.7514,55.0115,38.195,71.561,3.9748,13.587,30.8834,19.194,-75.8697,-81.7491,-72.9247,0.0,-26.8935,-10.7515,-2.5668,-33.3858,-17.773,0.0,85.3748,1.3086,-47.1767,-73.5464,0.0,-31.5725,0.0,-49.2708,-0.0401,-33.6118,-53.3054,0.0,88.23,94.1563,31.3826,21.5115,69.7812,10.8349,33.2215,51.8836,-86.8211,59.2054,35.2556,-87.1426,-61.7515,-3.1353,-62.2619,-0.6599,-32.3727,0.0,36.7626,10.7849],"direction":[null,32.1693,81.0043,85.9137,78.364,86.9369,85.1809,80.875,78.8436,55.8835,-25.0019,-78.6525,-81.1267,0.0,-55.6216,-24.0201,-28.0339,-59.8165,-48.8449,0.0,43.3494,36.8379,-7.598,-41.1679,0.0,-44.4153,0.0,-35.9581,-36.3909,-38.6316,-53.4768,0.0,28.1842,55.6663,59.7308,51.6487,62.8914,56.5975,56.5177,66.0934,-10.0657,40.2762,47.3241,-6.9709,-25.2899,-28.9177,-47.6916,-38.5571,-41.08,0.0,5.8887,3.9058],"intensity":[null,25.0,100.0,83.3333,57.1429,100.0,88.8889,50.0,63.6364,58.3333,92.3077,100.0,100.0,87.5,41.1765,38.8889,73.6842,20.0,28.5714,54.5455,78.2609,41.6667,44.0,92.3077,62.963,14.2857,41.3793,43.3333,35.4839,12.5,42.4242,47.0588,74.2857,77.7778,59.4595,52.6316,89.7436,47.5,21.9512,69.0476,86.0465,50.0,60.0,73.913,85.1064,29.1667,40.8163,8.0,58.8235,55.7692,13.4615,1.9231],"confirmation":[26.8848,27.8483,90.5587,92.5461,36.2111,94.301,56.7777,10.5751,83.6768,8.8408,82.6792,92.4408,92.7261,35.7604,81.3271,75.9069,50.6937,84.238,7.5026,4.1088,88.2828,51.3921,54.5793,84.5548,7.9189,79.235,4.431,83.1497,51.0108,80.7103,85.7612,32.099,85.6412,91.8352,82.6294,33.5618,89.0511,31.0712,83.4788,87.5263,36.143,84.3597,80.3652,58.5575,82.216,26.7548,85.6755,52.27,78.8142,4.7651,52.5546,17.9954],"persistence":[0.0,20.0,33.3333,42.8571,50.0,75.0,75.0,75.0,100.0,100.0,75.0,50.0,25.0,12.5,12.5,37.5,62.5,87.5,87.5,75.0,50.0,37.5,37.5,37.5,25.0,25.0,12.5,25.0,50.0,75.0,75.0,62.5,50.0,25.0,12.5,12.5,37.5,62.5,87.5,100.0,75.0,75.0,75.0,50.0,25.0,0.0,25.0,50.0,50.0,62.5,62.5,50.0],"assessmentRisk":[null,24.0298,11.3956,10.1304,42.7122,8.2185,30.8416,34.9905,24.7457,9.4609,26.0668,12.2173,11.1288,51.1631,25.248,36.907,39.4137,14.3042,24.5582,3.0448,17.0717,36.7854,44.7934,3.2166,45.9858,31.014,35.581,1.9932,25.2707,13.9752,20.8245,20.0798,14.5777,13.6379,26.4077,37.7395,17.256,34.3899,19.4334,18.7917,15.465,2.8249,12.6998,27.7516,10.161,40.523,22.5804,34.0815,21.5745,24.4973,24.6257,22.4442],"volumeParticipation":true,"latest":{"consensus":6.9,"control":7.1,"force":10.8,"direction":3.9,"confirmation":18.0,"persistence":50.0,"assessmentRisk":22.4,"intensity":1.9,"evidenceDepth":100},"analysis":{"status":"Price structure has stronger support","headline":"The gauges support the price-technical view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the upward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"positive","supportedView":"Price structure","direction":"upward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Commitment is strengthening","directionState":"Follow-through is limited","persistenceState":"Developing","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+6.9","detail":"Price structure has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+7.1","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+10.8","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+3.9","detail":"Follow-through is limited","tone":"positive"},{"label":"SM Confirmation Gauge","value":"18/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"51.3","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"2.9%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"13.3","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"54%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned upward.","series":[{"label":"Close","values":[19.3159,19.5972,19.6069,19.5051,19.4372,20.1357,20.6007,20.3637,21.2854,21.3726,21.3418,21.486,21.4159,20.6347,19.1035,18.5899,19.6549,19.4704,19.4353,19.0503,18.9274,19.0725,19.3834,20.2391,20.0496,19.6024,18.9886,19.2107,19.0528,19.2304,18.811,18.8801,18.7419,18.3962,18.68,19.35,20.09,20.27,19.9988,20.7099,20.6623,20.8048,21.2619,20.3919,20.884,21.1488,20.4998,20.01,20.08,19.635,19.775,19.545,19.815,20.005,20.015],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,19.4295,19.5579,19.7475,19.8595,20.1188,20.3467,20.5277,20.7019,20.8317,20.7959,20.4882,20.143,20.0543,19.9481,19.8549,19.7086,19.5666,19.4767,19.4598,19.6015,19.6829,19.6683,19.5447,19.484,19.4056,19.3737,19.2714,19.2003,19.1169,18.9859,18.9303,19.0066,19.2036,19.3975,19.5068,19.7255,19.8959,20.0611,20.2794,20.2999,20.4061,20.5411,20.5336,20.4384,20.3733,20.239,20.1547,20.0438,20.0022,20.0027,20.0049],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,20.1561,20.1916,20.111,19.9983,19.9729,19.9357,19.8986,19.8358,19.7685,19.7169,19.6922,19.7327,19.7562,19.7448,19.6888,19.6534,19.6089,19.5809,19.5238,19.4761,19.4218,19.3458,19.2965,19.3004,19.3589,19.4264,19.4688,19.5607,19.6423,19.7284,19.842,19.8828,19.9569,20.0452,20.0789,20.0738,20.0743,20.0417,20.022,19.9866,19.9739,19.9762,19.9791],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,21.5705,21.7818,21.9741,22.0946,22.0528,22.0446,22.0879,22.0192,21.9589,21.9026,21.8659,21.8867,21.9002,21.9014,21.9257,21.9352,21.9199,21.8767,21.8381,21.6532,21.4137,21.1513,20.7791,20.3253,20.0893,20.0954,20.096,20.1795,20.3186,20.3921,20.6279,20.8132,21.0052,21.2748,21.2949,21.415,21.6035,21.6671,21.6837,21.6941,21.69,21.6585,21.6242,21.5657,21.4227,21.2865],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,18.6735,18.684,18.7006,18.746,18.8184,18.649,18.3861,18.3863,18.3652,18.345,18.2744,18.2148,18.1488,18.1252,18.1743,18.2261,18.1881,18.07,17.9934,17.955,17.9802,17.9896,18.1012,18.2876,18.2997,18.2513,18.3267,18.2867,18.2276,18.2104,18.1406,18.1288,18.11,18.0282,18.0235,17.9868,17.9529,18.0404,18.1038,18.1961,18.2407,18.3686,18.4693,18.6351,18.939,19.2087],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"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,39.3844,39.4572,24.8429,24.4574,93.042,23.7381,48.9295,41.1898,70.7546,25.2065,18.5324,15.9807,12.9376,19.5192,27.5769,26.929,84.9252,54.4167,85.9012,168.4072,453.3025,107.9855,67.7075,33.1152,29.5084,17.7598,27.2217,45.6881,135.4017,150.2554,37.5597,300.3795,51.6708,106.3341,26.886,43.6023,140.5148,87.4619,129.979,285.56,83.7831,728.5395,58.3036,176.2828,85.9741,65.5084,49.1584,47.5733],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,130.9738,134.7237,135.0,133.1083,135.0,133.5086,130.5508,128.1611,124.1348,125.5052,124.5437,123.7517,123.1385,122.3718,123.2379,123.9502,126.0268,124.7446,122.9488,119.439,130.682,128.0273,129.6872,128.8894,129.5178,129.1496,128.6181,129.4751,131.9068,134.7132,135.0,128.6592,129.7628,127.4067,127.9989,128.9649,125.7715,127.7922,130.8804,123.5433,121.7823,135.0,133.5703,135.0,132.8376,134.5322,135.0,135.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"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,2.2699,2.8749,2.9645,3.009,2.8989,2.8603,2.9881,2.8867,2.8061,2.7148,2.7278,2.6913,2.8276,3.2017,3.0561,2.9483,2.9232,2.9904,2.8898,2.8856,2.9944,2.9065,2.8638,2.8244,2.7245,2.8489,2.8902,2.8633,2.8295,2.7459,3.1251,3.0268,2.9229,3.1939,3.2454,3.171,3.1913,3.1573,3.2019,3.1402,2.9935,2.9068],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,14.3969,15.3109,16.0962,16.3986,15.8272,16.6888,18.2925,17.9821,17.8241,17.6785,17.8951,18.3131,18.734,18.8688,18.7101,18.471,18.6089,19.0592,19.3048,18.6743,17.4315,16.1556,13.7747,10.554,9.3236,9.6181,9.2094,9.8417,10.8495,11.3035,12.8318,13.7869,14.8036,16.521,16.6406,17.4012,18.4574,18.267,17.9953,17.538,17.2764,16.4384,15.7378,14.5797,12.307,10.2619],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,0.5438,0.4983,0.3349,0.162,0.1097,0.0527,0.0047,-0.0637,-0.1263,-0.1624,-0.164,-0.0952,-0.0553,-0.059,-0.1103,-0.1314,-0.1591,-0.1648,-0.2009,-0.2213,-0.2459,-0.2898,-0.2984,-0.2482,-0.147,-0.0517,0.0019,0.1006,0.173,0.2391,0.3247,0.3186,0.3494,0.3908,0.3669,0.305,0.2585,0.1837,0.1342,0.0755,0.0502,0.0449,0.0411],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.3645,0.3022,0.2427,0.1814,0.1198,0.0634,0.0179,-0.0047,-0.0148,-0.0237,-0.041,-0.0591,-0.0791,-0.0962,-0.1172,-0.138,-0.1596,-0.1856,-0.2082,-0.2162,-0.2023,-0.1722,-0.1374,-0.0898,-0.0372,0.018,0.0794,0.1272,0.1716,0.2155,0.2458,0.2576,0.2578,0.243,0.2212,0.1921,0.1637,0.1399,0.1202],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.2548,-0.2494,-0.238,-0.2451,-0.2462,-0.2258,-0.1819,-0.0905,-0.0404,-0.0354,-0.0693,-0.0724,-0.08,-0.0686,-0.0837,-0.0833,-0.0863,-0.1042,-0.0902,-0.032,0.0553,0.1205,0.1393,0.1904,0.2102,0.2211,0.2453,0.1914,0.1778,0.1753,0.1211,0.0474,0.0008,-0.0592,-0.087,-0.1166,-0.1135,-0.095,-0.0791],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"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,13.4938,14.1621,14.7938,14.686,14.811,15.0191,14.9142,15.3072,15.8836,15.0773,14.7373,14.8118,13.9756,14.3724,14.8346,14.8542,15.3996,14.6506,13.9551,13.7679,12.9845,12.6495,12.5911,12.7006,12.6366,13.3135,13.3647,13.4251,13.3281],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,29.1802,23.1091,21.3845,25.3576,24.6715,27.2081,24.6725,25.518,24.1904,28.338,35.2966,33.5342,30.314,25.6629,24.6769,23.9491,27.1757,25.2174,24.1422,24.6364,22.46,21.1599,28.2735,34.5773,36.8699,33.1852,40.9444,39.5343,36.8941,40.2562,34.2467,32.0594,34.6437,30.3718,28.4342,26.9287,25.4092,24.8237,22.9968,25.3871,24.4938,24.4548],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,22.4505,34.5132,38.9566,33.7086,32.7966,30.921,37.3588,36.1427,37.4625,35.3798,31.3139,29.7503,31.4061,40.8648,39.2946,38.2613,35.5023,35.1371,34.5434,32.3596,33.9837,34.0715,30.9973,28.1098,26.8191,31.1864,27.5647,25.8963,27.2084,25.4742,31.0388,29.0564,27.5897,32.122,33.5778,34.1557,33.7673,31.4687,36.0558,33.6734,32.6078,31.1666],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[0.0,0.0,0.0,-0.5195,-0.8659,0.0,0.0,-1.1505,0.0,0.0,-0.1442,0.0,-0.326,-3.9617,-11.0883,-13.4791,-8.5223,-9.3807,-9.5442,-11.3361,-11.908,-11.2326,-9.7857,-5.8032,-6.6852,-8.7664,-11.6231,-10.5896,-11.3245,-10.4977,-12.4499,-12.1283,-12.7714,-14.3804,-13.0595,-9.9412,-6.4971,-5.6594,-6.9218,-3.6118,-3.8337,-3.1703,-1.0429,-5.0918,-2.8015,-1.569,-4.5899,-6.8695,-6.5437,-8.6148,-7.9632,-9.0337,-7.777,-6.8927,-6.8462],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,5.4244,10.1963,10.6476,10.4881,11.2347,10.872,6.8279,0.0,0.0,5.729,4.7368,4.5479,2.4768,1.8158,2.5964,4.2687,8.8716,7.8523,5.4468,2.1451,3.3396,2.4902,3.4458,1.1895,1.5611,0.8179,0.0,1.5427,5.1848,9.2073,10.1858,8.7113,12.5773,12.3181,13.0929,15.5776,10.8487,13.5236,14.9631,11.4349,8.7725,9.153,6.734,7.495,6.2448,7.7125,8.7453,8.7996],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/dc639b74-3cda-4083-a872-952d9a4d6d6d/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/dc639b74-3cda-4083-a872-952d9a4d6d6d/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/dc639b74-3cda-4083-a872-952d9a4d6d6d/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/dc639b74-3cda-4083-a872-952d9a4d6d6d/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/dc639b74-3cda-4083-a872-952d9a4d6d6d/technical-pack/data.json"},"source_fingerprint":"5db740315794fac39890381618bfb17b38e54ee3df10bf54c1c8273f995d2594","content_hash":"ce46d3ab2ef9ebf49ff261bcd6fd383e59024f6000b831af2054ef534ef27b86","citation":"Sharemaestro, DADS Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/dc639b74-3cda-4083-a872-952d9a4d6d6d/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."}