{"schema_version":"1.0","name":"RANI3 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"dd26be0a-ae2d-4242-bdaa-5734acdd8fee","symbol":"RANI3","name":"Irani Papel e Embalagem S.A.","exchange":"SAO","country":"BR","asset_type":"equity","currency":"BRL","sector":"Consumer Cyclical","industry":"Packaging & Containers"},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price structure remains downward.","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, Range position and boundary pressure, Range pressure and compression, 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":260,"displayedObservations":104,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price structure remains downward.","evidenceAlignment":{"status":"Countertrend conflict","headline":"Improving Market Dynamics is challenging the downward price structure","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price structure remains downward.","take":"This is an early challenge rather than a confirmed reversal. Price must respond to the improvement before the downward technical state can be considered resolved.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[-0.224731,-0.284583,-0.317665,-0.442939,-0.709512,-0.881424,-0.963801,-1.038581,-1.066507,-1.139294,-1.183645,-1.227151,-1.272551,-1.23295,-1.242802,-1.147951,-0.955429,-0.761952,-0.642406,-0.622219,-0.4327,-0.244902,0.09031,0.626955,0.808335,1.007474,1.202021,1.285567,1.42837,1.438624,1.348656,1.199515,1.190599,1.152631,1.082321,1.223087,1.302275,1.470032,1.650981,1.548608,1.327785,1.199002,0.916457,0.711049,0.584595,0.36783,0.162294,-0.090897,-0.352019,-0.490677,-0.37876,-0.376393,-0.309094,-0.137656,0.181939,0.53278,0.975711,1.09009,1.199942,1.357262,1.419876,1.367101,1.24154,1.196323,0.878049,0.722079,0.480008,0.243133,-0.001328,-0.178174,-0.411287,-0.603952,-0.550307,-0.548656,-0.181202,0.095622,0.164937,0.46774,0.486109,0.777541,1.245542,1.216833,0.954508,0.571616,0.202787,0.144281,0.057001,-0.265421,-0.593191,-0.911117,-1.051304,-1.03675,-1.074602,-1.18624,-1.25734,-1.298624,-1.287546,-1.263948,-1.228407,-1.149033,-0.946511,-0.553628,-0.052219,0.237489],"opens":[7.044611,7.09673,6.949062,6.662413,6.645041,6.540805,6.592923,6.636353,6.514746,6.375765,6.558177,6.323647,6.237108,6.027457,6.245843,6.19343,6.114811,6.09734,6.114811,5.948838,5.643097,6.053663,6.07987,6.202166,6.359404,6.149753,6.280785,6.333198,6.420552,6.726292,6.577109,6.505424,6.433739,6.4427,6.451659,6.424778,7.008211,7.439198,7.715579,7.42282,7.205614,7.101732,7.215058,7.14895,7.016738,6.978963,7.177282,6.912857,6.705093,6.865637,7.111176,7.356489,7.097863,7.27028,7.66301,7.950372,7.825849,8.007844,7.969529,8.410153,8.362259,8.285629,8.151527,8.544256,8.343101,8.174546,8.164917,8.405628,8.318973,8.21306,8.232317,8.396,8.376743,8.559684,8.396,9.031478,8.752252,8.70411,8.906308,9.089247,9.493642,9.456246,8.837433,8.711736,9.13717,9.23386,9.23386,8.663391,8.485745,7.817655,7.79,7.86,8.02,7.9,7.95,7.86,7.77,8.05,7.906929,7.966679,7.966679,7.936804,8.07622,8.23],"highs":[7.183593,7.09673,6.992494,6.723218,6.853512,6.618982,6.957749,6.714532,6.64504,6.601609,6.940375,6.705844,6.27205,6.254579,6.4817,6.272049,6.315727,6.237107,6.123547,6.027457,6.184695,6.202165,6.263314,6.525378,6.534114,6.298256,6.464229,6.796176,6.769969,6.899692,6.765283,6.58607,6.711518,6.58607,6.532305,7.139381,7.645322,7.687248,7.74391,7.479484,7.356714,7.507815,7.328383,7.356714,7.045069,7.243389,7.19617,6.922299,6.903412,7.356714,7.649472,7.490592,7.308596,7.682168,8.084475,8.027002,8.208999,8.065318,8.515519,8.601729,8.572992,8.36226,8.553834,8.649622,8.444142,8.367114,8.511542,8.704109,8.405628,8.473028,8.357487,8.482657,8.559685,8.588568,9.041106,9.108506,9.01222,9.26256,9.204789,9.493642,9.743981,9.562605,9.069488,9.291874,9.475584,9.340219,9.388563,8.721405,8.495717,7.977199,7.92,8.11,8.12,7.92,7.98,7.9,7.82,8.05,7.996554,8.096138,8.006512,8.126013,8.604014,8.3],"lows":[6.975121,6.862199,6.627668,6.549491,6.514745,6.34102,6.427883,6.48,6.288901,6.297587,6.271528,6.167224,5.98378,5.992515,6.114811,6.027457,6.036192,5.922632,5.896426,5.643097,5.634362,5.992515,6.062399,6.106075,6.141017,5.992515,5.992515,6.298256,6.324462,6.379975,6.415817,6.397896,6.371015,6.263487,6.371014,6.406857,6.961364,7.242443,7.39449,7.167839,6.978963,6.969519,7.026181,7.007295,6.742867,6.865637,6.780643,6.72398,6.705093,6.667318,7.016738,6.992497,7.002075,7.260702,7.595958,7.720483,7.730061,7.787533,7.912058,8.228157,8.237735,7.902478,8.05574,8.170683,8.145661,8.039748,8.039748,8.213059,8.107146,8.14566,8.164917,8.241945,8.318973,8.318974,8.241945,8.636711,8.559684,8.684853,8.819652,8.877422,9.089248,8.731074,8.653722,8.711736,9.108164,8.963129,8.566701,8.237958,7.777769,7.688025,7.62,7.68,7.88,7.78,7.87,7.78,7.67,7.92,7.887013,7.877054,7.797387,7.787429,8.046346,7.64],"closes":[7.096729,6.940375,6.645041,6.679785,6.540804,6.584237,6.601609,6.488686,6.367078,6.584237,6.297587,6.219637,6.009986,6.245843,6.19343,6.114811,6.097341,6.141017,5.913897,5.643097,6.053664,6.079869,6.210901,6.376875,6.158488,6.254579,6.298256,6.350668,6.717556,6.58607,6.469581,6.424778,6.568148,6.45166,6.424778,7.008211,7.439198,7.687248,7.422821,7.205614,7.054513,7.215058,7.139507,7.026182,6.922299,7.158394,6.875081,6.72398,6.865637,7.130064,7.356715,7.097863,7.270281,7.682168,7.950373,7.787534,8.017424,7.96953,8.419732,8.362259,8.285628,8.12279,8.544255,8.333523,8.174546,8.164917,8.405628,8.280458,8.213059,8.203432,8.357487,8.367114,8.530799,8.386373,8.95445,8.752253,8.627082,8.906307,9.147018,9.474386,9.465915,8.798758,8.67306,9.108163,9.233861,9.224192,8.653722,8.257296,7.777769,7.75,7.85,8.08,8.02,7.85,7.95,7.9,7.8,7.92,7.976638,7.916887,7.916887,8.076221,8.225596,7.73],"pressureRange":[-1.882118,1.882118],"priceRange":[5.643097,10.365499],"zones":{"accumulationBoundary":0.101513,"distributionBoundary":0.898487},"latest":0.237489,"state":"Positive and strengthening","context":{"scenario":"positiveSustained","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened 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":"Sustained positive support","detail":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","annotations":[{"label":"Current tape relationship","value":"Sustained positive support","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"24 Jan 2025","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Supported","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.31,"forwardCorrelation":0.08,"directionalAgreement":51.0,"sample":253,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"averageWeeksInZone":2.3,"medianWeeksInZone":2,"averageWeeksToHigher":1.7,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"medianReturn":1.5,"averageReturn":-0.4,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":3.9,"averageReturn":5.2,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":3,"expectedCount":3,"expectedPercent":100.0,"medianReturn":18.0,"averageReturn":19.5,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.3,"sample":3},{"week":2,"averageReturn":1.9,"sample":3},{"week":3,"averageReturn":0.4,"sample":3},{"week":4,"averageReturn":-0.4,"sample":3},{"week":5,"averageReturn":3.0,"sample":3},{"week":6,"averageReturn":0.7,"sample":3},{"week":7,"averageReturn":0.4,"sample":3},{"week":8,"averageReturn":3.8,"sample":3},{"week":9,"averageReturn":3.1,"sample":3},{"week":10,"averageReturn":6.4,"sample":3},{"week":11,"averageReturn":6.8,"sample":3},{"week":12,"averageReturn":5.2,"sample":3},{"week":13,"averageReturn":7.5,"sample":3},{"week":14,"averageReturn":7.9,"sample":3},{"week":15,"averageReturn":6.9,"sample":3},{"week":16,"averageReturn":8.5,"sample":3},{"week":17,"averageReturn":11.8,"sample":3},{"week":18,"averageReturn":13.0,"sample":3},{"week":19,"averageReturn":14.0,"sample":3},{"week":20,"averageReturn":16.5,"sample":3},{"week":21,"averageReturn":16.9,"sample":3},{"week":22,"averageReturn":17.3,"sample":3},{"week":23,"averageReturn":20.0,"sample":3},{"week":24,"averageReturn":20.8,"sample":3},{"week":25,"averageReturn":20.7,"sample":3},{"week":26,"averageReturn":19.5,"sample":3}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":3.0,"medianWeeksInZone":3,"averageWeeksToLower":3.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-7.0,"averageReturn":-7.0,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-12.6,"averageReturn":-12.6,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-27.1,"averageReturn":-27.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.7,"sample":1},{"week":2,"averageReturn":1.3,"sample":1},{"week":3,"averageReturn":-7.0,"sample":1},{"week":4,"averageReturn":-7.0,"sample":1},{"week":5,"averageReturn":-9.5,"sample":1},{"week":6,"averageReturn":-10.3,"sample":1},{"week":7,"averageReturn":-15.3,"sample":1},{"week":8,"averageReturn":-13.1,"sample":1},{"week":9,"averageReturn":-12.3,"sample":1},{"week":10,"averageReturn":-17.1,"sample":1},{"week":11,"averageReturn":-15.2,"sample":1},{"week":12,"averageReturn":-12.6,"sample":1},{"week":13,"averageReturn":-10.6,"sample":1},{"week":14,"averageReturn":-11.8,"sample":1},{"week":15,"averageReturn":-12.2,"sample":1},{"week":16,"averageReturn":-14.0,"sample":1},{"week":17,"averageReturn":-15.0,"sample":1},{"week":18,"averageReturn":-18.8,"sample":1},{"week":19,"averageReturn":-19.5,"sample":1},{"week":20,"averageReturn":-20.4,"sample":1},{"week":21,"averageReturn":-19.4,"sample":1},{"week":22,"averageReturn":-17.8,"sample":1},{"week":23,"averageReturn":-24.8,"sample":1},{"week":24,"averageReturn":-29.1,"sample":1},{"week":25,"averageReturn":-29.9,"sample":1},{"week":26,"averageReturn":-27.1,"sample":1}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":19,"completedEpisodes":19,"activeEpisodes":0,"medianExpectedMove":9.7,"averageExpectedMove":12.5,"averageWeeksToLargestMove":7.5,"horizons":[{"weeks":4,"sample":19,"expectedCount":11,"expectedPercent":57.9,"averageReturn":-0.6,"medianReturn":0.5,"confidenceLow":36.3,"confidenceHigh":76.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":19,"expectedCount":13,"expectedPercent":68.4,"averageReturn":5.0,"medianReturn":5.0,"confidenceLow":46.0,"confidenceHigh":84.6,"confidence":"Mixed historical record"},{"weeks":26,"sample":18,"expectedCount":14,"expectedPercent":77.8,"averageReturn":15.8,"medianReturn":17.1,"confidenceLow":54.8,"confidenceHigh":91.0,"confidence":"Historically consistent"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.4,"sample":19},{"week":2,"averageReturn":-0.6,"sample":19},{"week":3,"averageReturn":-0.2,"sample":19},{"week":4,"averageReturn":-0.6,"sample":19},{"week":5,"averageReturn":0.6,"sample":19},{"week":6,"averageReturn":1.5,"sample":19},{"week":7,"averageReturn":2.1,"sample":19},{"week":8,"averageReturn":3.1,"sample":19},{"week":9,"averageReturn":3.9,"sample":19},{"week":10,"averageReturn":4.2,"sample":19},{"week":11,"averageReturn":3.4,"sample":19},{"week":12,"averageReturn":5.0,"sample":19},{"week":13,"averageReturn":7.3,"sample":19},{"week":14,"averageReturn":8.6,"sample":19},{"week":15,"averageReturn":8.3,"sample":19},{"week":16,"averageReturn":8.2,"sample":19},{"week":17,"averageReturn":8.6,"sample":19},{"week":18,"averageReturn":10.5,"sample":19},{"week":19,"averageReturn":12.1,"sample":18},{"week":20,"averageReturn":14.4,"sample":18},{"week":21,"averageReturn":14.3,"sample":18},{"week":22,"averageReturn":13.2,"sample":18},{"week":23,"averageReturn":15.4,"sample":18},{"week":24,"averageReturn":15.6,"sample":18},{"week":25,"averageReturn":16.7,"sample":18},{"week":26,"averageReturn":15.8,"sample":18}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":19,"completedEpisodes":18,"activeEpisodes":1,"medianExpectedMove":5.5,"averageExpectedMove":5.8,"averageWeeksToLargestMove":5.2,"horizons":[{"weeks":4,"sample":19,"expectedCount":10,"expectedPercent":52.6,"averageReturn":1.5,"medianReturn":-0.2,"confidenceLow":31.7,"confidenceHigh":72.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":9,"expectedPercent":50.0,"averageReturn":3.4,"medianReturn":1.7,"confidenceLow":29.0,"confidenceHigh":71.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":17,"expectedCount":7,"expectedPercent":41.2,"averageReturn":7.4,"medianReturn":12.8,"confidenceLow":21.6,"confidenceHigh":64.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.2,"sample":19},{"week":2,"averageReturn":0.3,"sample":19},{"week":3,"averageReturn":1.4,"sample":19},{"week":4,"averageReturn":1.5,"sample":19},{"week":5,"averageReturn":1.4,"sample":19},{"week":6,"averageReturn":2.7,"sample":19},{"week":7,"averageReturn":2.0,"sample":19},{"week":8,"averageReturn":2.3,"sample":19},{"week":9,"averageReturn":2.9,"sample":18},{"week":10,"averageReturn":3.5,"sample":18},{"week":11,"averageReturn":3.4,"sample":18},{"week":12,"averageReturn":3.4,"sample":18},{"week":13,"averageReturn":3.2,"sample":18},{"week":14,"averageReturn":3.3,"sample":18},{"week":15,"averageReturn":3.4,"sample":18},{"week":16,"averageReturn":3.3,"sample":18},{"week":17,"averageReturn":2.5,"sample":17},{"week":18,"averageReturn":3.5,"sample":17},{"week":19,"averageReturn":5.7,"sample":17},{"week":20,"averageReturn":5.0,"sample":17},{"week":21,"averageReturn":5.1,"sample":17},{"week":22,"averageReturn":4.4,"sample":17},{"week":23,"averageReturn":4.2,"sample":17},{"week":24,"averageReturn":5.7,"sample":17},{"week":25,"averageReturn":6.3,"sample":17},{"week":26,"averageReturn":7.4,"sample":17}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":17,"completedEpisodes":15,"activeEpisodes":2,"medianExpectedMove":5.8,"averageExpectedMove":6.4,"averageWeeksToLargestMove":4.9,"horizons":[{"weeks":4,"sample":17,"expectedCount":7,"expectedPercent":41.2,"averageReturn":1.3,"medianReturn":2.1,"confidenceLow":21.6,"confidenceHigh":64.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":15,"expectedCount":6,"expectedPercent":40.0,"averageReturn":5.9,"medianReturn":8.9,"confidenceLow":19.8,"confidenceHigh":64.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":15,"expectedCount":6,"expectedPercent":40.0,"averageReturn":10.6,"medianReturn":11.5,"confidenceLow":19.8,"confidenceHigh":64.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.3,"sample":17},{"week":2,"averageReturn":0.2,"sample":17},{"week":3,"averageReturn":0.2,"sample":17},{"week":4,"averageReturn":1.3,"sample":17},{"week":5,"averageReturn":1.1,"sample":17},{"week":6,"averageReturn":1.9,"sample":17},{"week":7,"averageReturn":2.2,"sample":16},{"week":8,"averageReturn":3.8,"sample":16},{"week":9,"averageReturn":3.8,"sample":16},{"week":10,"averageReturn":3.5,"sample":16},{"week":11,"averageReturn":4.2,"sample":16},{"week":12,"averageReturn":5.9,"sample":15},{"week":13,"averageReturn":4.2,"sample":15},{"week":14,"averageReturn":4.0,"sample":15},{"week":15,"averageReturn":3.8,"sample":15},{"week":16,"averageReturn":5.0,"sample":15},{"week":17,"averageReturn":4.8,"sample":15},{"week":18,"averageReturn":3.6,"sample":15},{"week":19,"averageReturn":4.6,"sample":15},{"week":20,"averageReturn":5.7,"sample":15},{"week":21,"averageReturn":5.9,"sample":15},{"week":22,"averageReturn":7.7,"sample":15},{"week":23,"averageReturn":9.1,"sample":15},{"week":24,"averageReturn":9.5,"sample":15},{"week":25,"averageReturn":9.0,"sample":15},{"week":26,"averageReturn":10.6,"sample":15}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":19,"completedEpisodes":18,"activeEpisodes":1,"medianExpectedMove":8.1,"averageExpectedMove":11.7,"averageWeeksToLargestMove":7.9,"horizons":[{"weeks":4,"sample":18,"expectedCount":9,"expectedPercent":50.0,"averageReturn":1.9,"medianReturn":0.2,"confidenceLow":29.0,"confidenceHigh":71.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":12,"expectedPercent":66.7,"averageReturn":5.9,"medianReturn":5.2,"confidenceLow":43.7,"confidenceHigh":83.7,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":11,"expectedPercent":68.8,"averageReturn":15.8,"medianReturn":19.8,"confidenceLow":44.4,"confidenceHigh":85.8,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.5,"sample":18},{"week":2,"averageReturn":-0.3,"sample":18},{"week":3,"averageReturn":1.0,"sample":18},{"week":4,"averageReturn":1.9,"sample":18},{"week":5,"averageReturn":1.3,"sample":18},{"week":6,"averageReturn":0.9,"sample":18},{"week":7,"averageReturn":1.9,"sample":18},{"week":8,"averageReturn":2.7,"sample":18},{"week":9,"averageReturn":4.0,"sample":18},{"week":10,"averageReturn":3.8,"sample":18},{"week":11,"averageReturn":4.6,"sample":18},{"week":12,"averageReturn":5.9,"sample":18},{"week":13,"averageReturn":7.9,"sample":18},{"week":14,"averageReturn":8.3,"sample":18},{"week":15,"averageReturn":7.8,"sample":18},{"week":16,"averageReturn":8.9,"sample":18},{"week":17,"averageReturn":10.0,"sample":18},{"week":18,"averageReturn":12.0,"sample":17},{"week":19,"averageReturn":13.8,"sample":17},{"week":20,"averageReturn":13.0,"sample":17},{"week":21,"averageReturn":13.8,"sample":17},{"week":22,"averageReturn":14.3,"sample":17},{"week":23,"averageReturn":15.3,"sample":16},{"week":24,"averageReturn":15.3,"sample":16},{"week":25,"averageReturn":15.1,"sample":16},{"week":26,"averageReturn":15.8,"sample":16}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Countertrend conflict","tone":"caution","headline":"Market Dynamics is positive while price remains rotational","use":"Treat the improvement as context until price establishes a clear response.","confirm":"This is an early challenge rather than a confirmed reversal. Price must respond to the improvement before the downward technical state can be considered resolved.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":66.7,"averageReturn":5.9,"sample":18},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price remains downward while Market Dynamics is positive","detail":"The positive Market Dynamics reading has not yet reversed the downward price structure."}},"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":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 66.7% of comparable cases moved higher after 12 weeks, with an average move of 5.9% across 18 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 3 cases. Distinct visits lasted 2.3 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 improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 11.7% across 18 completed cases, with the largest move arriving after 7.9 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2025-01-24","price":6.210901}],"distribution_rollovers":[],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[7.0967,6.9404,6.645,6.6798,6.5408,6.5842,6.6016,6.4887,6.3671,6.5842,6.2976,6.2196,6.01,6.2458,6.1934,6.1148,6.0973,6.141,5.9139,5.6431,6.0537,6.0799,6.2109,6.3769,6.1585,6.2546,6.2983,6.3507,6.7176,6.5861,6.4696,6.4248,6.5681,6.4517,6.4248,7.0082,7.4392,7.6872,7.4228,7.2056,7.0545,7.2151,7.1395,7.0262,6.9223,7.1584,6.8751,6.724,6.8656,7.1301,7.3567,7.0979,7.2703,7.6822,7.9504,7.7875,8.0174,7.9695,8.4197,8.3623,8.2856,8.1228,8.5443,8.3335,8.1745,8.1649,8.4056,8.2805,8.2131,8.2034,8.3575,8.3671,8.5308,8.3864,8.9544,8.7523,8.6271,8.9063,9.147,9.4744,9.4659,8.7988,8.6731,9.1082,9.2339,9.2242,8.6537,8.2573,7.7778,7.75,7.85,8.08,8.02,7.85,7.95,7.9,7.8,7.92,7.9766,7.9169,7.9169,8.0762,8.2256,7.73],"consensus":[-12.8032,-45.3328,-66.7761,-21.94,-52.5286,-17.3071,-18.9493,-45.6161,-42.6448,11.8586,-51.7125,-37.0207,-54.7576,0.0,-25.7908,-28.1637,-19.3731,0.0,-48.8165,-60.2921,21.0048,0.0,26.0095,38.1407,-19.2226,24.2238,14.8152,0.0,57.6939,10.4812,0.0,0.0,21.7232,0.0,0.0,63.4088,68.5667,70.7658,8.0388,0.0,-14.4626,17.6843,0.0,-17.4878,-14.6015,28.927,-36.7347,-42.898,9.0565,29.4899,42.2506,-10.8869,36.5343,63.0823,58.6496,13.5485,51.5046,27.9659,70.1366,26.8778,14.1447,0.0,58.8803,0.0,-12.3821,0.0,31.7017,-9.441,0.0,0.0,26.7949,11.2168,40.4966,0.0,65.4038,0.0,0.0,40.3966,47.871,66.6287,32.6307,-38.6837,-29.6976,27.7658,14.3379,21.8101,-44.9136,-62.2256,-72.1384,-46.1554,-22.2377,0.0,-14.179,-26.4271,0.0,-12.0473,-20.1355,-18.4704,0.0,-19.817,0.0,23.8788,25.9357,-51.0622],"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":[36.9757,67.9736,58.0746,2.1299,47.7067,27.7946,69.5153,19.6905,6.3912,0.0,66.7711,0.0,-14.617,0.0,40.6998,-8.966,0.0,0.0,40.9285,12.2251,45.3551,0.0,60.3751,0.0,0.0,35.1374,56.5989,66.3242,27.5775,-38.1405,-27.6399,39.9133,21.4198,19.7471,-44.3455,-61.0196,-71.8994,-45.4122,-11.0539,0.0,-18.7715,-33.4266,0.0,-1.3539,-12.4366,-28.3362,0.0,-25.4613,0.0,24.3326,19.4637,-49.1728],"force":[43.0079,72.3817,62.4283,21.6997,50.4513,2.0562,87.1111,4.3673,18.8456,0.0,69.0441,0.0,-36.6082,0.0,39.9484,-35.7631,0.0,0.0,27.6104,2.8016,40.9056,0.0,92.7548,0.0,0.0,44.899,42.9301,80.5957,9.154,-85.9013,-38.4634,42.5896,7.1531,10.3794,-81.2063,-77.3844,-85.6881,-23.3566,-11.0279,0.0,-0.6182,-10.4189,0.0,-4.8198,-3.42,-4.9651,0.0,-16.6073,0.0,41.5855,35.0005,-80.2294],"direction":[31.4058,50.8498,56.6076,51.7756,56.5974,46.6685,58.7219,57.4098,46.5703,0.0,42.6023,0.0,-7.4764,0.0,15.5277,-8.8177,0.0,0.0,10.0598,16.0753,34.6519,0.0,51.6145,0.0,0.0,43.1912,41.4257,57.0003,55.1748,-5.5776,-25.7878,3.2946,11.3763,32.3327,-19.6396,-52.7763,-62.7332,-63.2897,-58.7803,0.0,-19.5,-29.862,0.0,-36.3163,-40.8739,-16.8418,0.0,-15.659,0.0,10.7124,26.8574,-32.3879],"intensity":[32.6923,92.3077,88.4615,25.0,46.1538,21.1538,94.2308,75.0,3.8462,76.9231,90.3846,40.3846,38.4615,5.7692,55.7692,40.3846,71.1538,1.9231,25.0,11.5385,32.6923,26.9231,98.0769,84.6154,13.4615,65.3846,55.7692,76.9231,57.6923,100.0,92.3077,86.5385,78.8462,21.1538,96.1538,100.0,90.3846,92.3077,5.7692,44.2308,36.5385,34.6154,7.6923,5.7692,13.4615,51.9231,1.9231,9.6154,7.6923,32.6923,86.5385,90.3846],"confirmation":[79.8815,88.3952,86.8918,8.0646,84.5072,53.4954,90.9705,54.0232,7.6594,5.8633,87.0312,7.2167,51.5948,24.6286,78.2588,28.3783,25.3954,24.5182,76.3839,48.6509,80.8973,28.6882,89.8394,8.7162,5.5094,81.1443,83.0352,89.7515,77.8033,59.1594,77.8017,54.4851,49.5946,74.6623,83.4871,88.3926,91.5009,82.0862,31.292,31.6502,49.4816,75.8621,4.4847,27.1989,51.3846,50.6819,26.5739,74.1576,24.8564,76.1739,76.6743,44.64],"persistence":[25.0,25.0,50.0,75.0,75.0,75.0,75.0,100.0,100.0,87.5,87.5,75.0,50.0,37.5,37.5,12.5,0.0,0.0,0.0,12.5,37.5,37.5,37.5,50.0,50.0,62.5,62.5,62.5,62.5,50.0,25.0,37.5,50.0,50.0,25.0,0.0,25.0,25.0,25.0,37.5,62.5,87.5,75.0,75.0,75.0,75.0,62.5,75.0,62.5,37.5,25.0,25.0],"assessmentRisk":[30.3066,17.8976,20.2298,43.0104,24.1206,29.0952,12.99,36.046,35.5314,26.7781,5.3924,4.4211,15.4202,6.3605,43.2894,7.0799,10.5459,10.4517,24.6357,17.6378,27.076,40.9433,16.7876,46.3314,23.3024,29.1218,11.9616,16.5471,33.6466,1.7468,31.25,55.072,38.627,32.9129,19.7108,18.3193,13.9082,26.902,38.0504,24.8105,39.4644,28.6637,20.4253,22.7424,26.6423,23.7513,4.1108,14.268,33.1742,32.4915,35.7731,13.3268],"volumeParticipation":true,"latest":{"consensus":-51.1,"control":-49.2,"force":-80.2,"direction":-32.4,"confirmation":44.6,"persistence":25.0,"assessmentRisk":13.3,"intensity":90.4,"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 downward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-51.1","detail":"Price structure has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-49.2","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-80.2","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-32.4","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"45/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"41.4","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"4.9%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"20.2","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"5%","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 downward.","series":[{"label":"Close","values":[7.0967,6.9404,6.645,6.6798,6.5408,6.5842,6.6016,6.4887,6.3671,6.5842,6.2976,6.2196,6.01,6.2458,6.1934,6.1148,6.0973,6.141,5.9139,5.6431,6.0537,6.0799,6.2109,6.3769,6.1585,6.2546,6.2983,6.3507,6.7176,6.5861,6.4696,6.4248,6.5681,6.4517,6.4248,7.0082,7.4392,7.6872,7.4228,7.2056,7.0545,7.2151,7.1395,7.0262,6.9223,7.1584,6.8751,6.724,6.8656,7.1301,7.3567,7.0979,7.2703,7.6822,7.9504,7.7875,8.0174,7.9695,8.4197,8.3623,8.2856,8.1228,8.5443,8.3335,8.1745,8.1649,8.4056,8.2805,8.2131,8.2034,8.3575,8.3671,8.5308,8.3864,8.9544,8.7523,8.6271,8.9063,9.147,9.4744,9.4659,8.7988,8.6731,9.1082,9.2339,9.2242,8.6537,8.2573,7.7778,7.75,7.85,8.08,8.02,7.85,7.95,7.9,7.8,7.92,7.9766,7.9169,7.9169,8.0762,8.2256,7.73],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[7.2765,7.2154,7.1117,7.0331,6.9436,6.8783,6.828,6.7663,6.6937,6.6738,6.6054,6.5353,6.4398,6.4045,6.3661,6.3204,6.2799,6.2546,6.1927,6.0927,6.0856,6.0846,6.1076,6.1565,6.1569,6.1746,6.1971,6.225,6.3146,6.3639,6.3832,6.3907,6.423,6.4282,6.4276,6.5331,6.6979,6.8778,6.9769,7.0185,7.025,7.0596,7.0741,7.0654,7.0394,7.061,7.0272,6.9721,6.9527,6.985,7.0526,7.0608,7.0989,7.2049,7.3405,7.4218,7.5301,7.61,7.7572,7.8672,7.9433,7.9759,8.0793,8.1255,8.1344,8.14,8.1883,8.205,8.2065,8.2059,8.2335,8.2578,8.3074,8.3218,8.4368,8.4942,8.5183,8.5889,8.6904,8.8329,8.948,8.9209,8.8758,8.9181,8.9755,9.0207,8.954,8.8273,8.6365,8.4753,8.3616,8.3104,8.2576,8.1835,8.141,8.0972,8.0432,8.0208,8.0128,7.9953,7.9811,7.9984,8.0397,7.9834],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[7.5258,7.4825,7.4204,7.3656,7.3045,7.2511,7.203,7.1501,7.0921,7.0545,6.9984,6.9407,6.8718,6.8254,6.7786,6.7294,6.6826,6.6425,6.5885,6.5185,6.4841,6.4541,6.4361,6.4317,6.4115,6.3999,6.3923,6.3892,6.4136,6.4263,6.4295,6.4292,6.4395,6.4404,6.4392,6.4814,6.5523,6.6364,6.6946,6.7325,6.7564,6.7903,6.8162,6.8317,6.8385,6.8622,6.8631,6.8528,6.8538,6.8742,6.91,6.9239,6.9495,7.0038,7.0739,7.1268,7.1928,7.2503,7.3369,7.4129,7.4775,7.5253,7.6008,7.6551,7.6936,7.7285,7.7786,7.8158,7.8452,7.8718,7.9077,7.9418,7.9854,8.0151,8.0847,8.1341,8.1706,8.2251,8.2934,8.3809,8.4613,8.4863,8.5001,8.5452,8.5962,8.6427,8.6435,8.6149,8.5529,8.4934,8.4458,8.4187,8.3891,8.3492,8.3196,8.2885,8.2524,8.2277,8.2091,8.1875,8.1674,8.1607,8.1655,8.1332],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[7.9676,7.962,7.9871,7.9704,7.9394,7.9197,7.8719,7.8423,7.8444,7.8352,7.8428,7.8381,7.8299,7.6867,7.5802,7.4096,7.2452,7.1526,7.0918,7.0553,6.9287,6.8222,6.7739,6.7247,6.6862,6.6393,6.5872,6.5636,6.6411,6.6415,6.6639,6.684,6.7256,6.7442,6.7603,6.8953,7.1323,7.3915,7.5217,7.5526,7.5855,7.6323,7.6656,7.6868,7.6768,7.6894,7.6734,7.6541,7.6559,7.6696,7.6963,7.6772,7.6814,7.7275,7.811,7.8919,7.9995,8.055,8.249,8.4065,8.5248,8.6011,8.7455,8.8262,8.8617,8.8998,8.9341,8.9018,8.852,8.8181,8.8154,8.7321,8.6609,8.6318,8.7675,8.7956,8.8165,8.8807,9.0155,9.2232,9.3857,9.3982,9.4047,9.4609,9.5212,9.5652,9.5633,9.565,9.6223,9.6746,9.7118,9.7235,9.7359,9.7602,9.7368,9.728,9.728,9.688,9.6019,9.4316,9.2315,9.1626,9.1155,8.9609],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[6.9121,6.8445,6.7173,6.6273,6.5308,6.4476,6.3883,6.3117,6.2136,6.1649,6.0718,5.9752,5.8526,5.8427,5.8151,5.8282,5.8481,5.8377,5.7854,5.6853,5.7075,5.728,5.7329,5.7517,5.752,5.766,5.7878,5.7975,5.7551,5.7549,5.7496,5.7501,5.7643,5.7662,5.7733,5.7276,5.6249,5.5202,5.5409,5.6662,5.7335,5.8002,5.8598,5.9034,5.9899,6.0677,6.1414,6.1979,6.211,6.2517,6.3137,6.4001,6.4661,6.5431,6.6121,6.6091,6.5593,6.5322,6.4378,6.396,6.4008,6.4153,6.4113,6.4614,6.5511,6.6137,6.7324,6.9203,7.1049,7.2462,7.3489,7.5591,7.7564,7.8559,7.8206,7.8889,7.929,7.9585,7.8964,7.7999,7.7555,7.8106,7.817,7.8382,7.8838,7.9458,7.9725,7.9685,7.8677,7.77,7.6821,7.6417,7.5781,7.5003,7.4232,7.3468,7.264,7.2054,7.1745,7.189,7.2343,7.2309,7.2333,7.25],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"relative","eyebrow":"Relative leadership","title":"Strength versus the research benchmark","description":"Relative performance is separated from absolute price direction to reveal leadership and lagging pressure.","reason":"Selected because benchmark-relative leadership is strengthening, fading or diverging from price.","series":[{"label":"Relative strength","values":[-20.4413,-21.8026,-23.6921,-22.6265,-21.1065,-20.6302,-19.0242,-18.4874,-19.4902,-15.543,-17.4617,-17.6315,-19.7383,-16.9256,-14.8369,-15.4915,-14.2186,-11.2977,-12.7489,-14.972,-8.5467,-10.2951,-8.0136,-7.8843,-9.4805,-10.1244,-8.3976,-4.2261,-0.4067,-5.0625,-8.8064,-8.7887,-3.061,-4.7403,-6.1791,-1.193,4.7978,7.3304,1.8909,0.1993,-1.0203,2.1582,0.5589,-0.6588,-1.6376,-1.1926,-1.1204,-0.8923,1.3849,6.2806,6.8466,2.7741,4.0149,7.0896,9.6178,7.4385,7.6799,7.1349,13.8099,15.4498,11.8473,7.374,10.0749,3.9981,-0.5389,1.0861,1.1193,0.541,-2.4618,-1.2199,-0.9816,-0.8105,-0.6693,-3.2406,-4.7842,-8.1425,-10.1667,-8.973,-8.4582,-4.2508,0.7239,-5.4193,-6.0233,-4.2617,-6.2063,-10.5829,-15.2649,-16.7642,-19.7622,-18.2227,-13.6872,-10.401,-9.6458,-8.8402,-8.627,-7.6715,-11.1351,-10.095,-11.0941,-9.4841,-9.4496,-9.387,-4.5399,-7.0875],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[-31.5351,-33.0435,-35.8927,-35.5575,-36.8983,-36.4793,-36.3117,-37.4011,-38.5743,-36.4793,-39.2447,-39.9967,-42.0193,-39.7439,-40.2496,-41.008,-41.1766,-40.7552,-42.9463,-45.5588,-41.5979,-41.3451,-40.081,-38.4798,-40.5867,-39.6596,-39.2383,-38.7326,-35.1931,-36.4616,-37.5854,-38.0177,-36.6345,-37.7583,-38.0177,-32.3891,-28.2312,-25.8381,-28.3892,-30.4846,-31.9424,-30.3935,-31.1224,-32.2157,-33.2179,-30.9402,-33.6734,-35.1311,-33.7645,-31.2135,-29.0269,-31.5242,-29.8608,-25.8871,-23.2997,-24.8706,-22.6528,-23.1148,-18.7716,-19.326,-20.0653,-21.6363,-17.5702,-19.6033,-21.137,-21.2299,-18.9076,-20.1152,-20.7654,-20.8583,-19.3721,-19.2792,-17.7001,-19.0934,-13.6129,-15.5636,-16.7712,-14.0774,-11.7552,-8.5969,-8.6786,-15.115,-16.3276,-12.13,-10.9174,-11.0106,-16.5142,-20.3387,-24.9648,-25.2327,-24.268,-22.0491,-22.6279,-24.268,-23.3033,-23.7856,-24.7504,-23.5927,-23.0463,-23.6227,-23.6227,-22.0856,-20.6445,-25.4257],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[1.2392,0.0,0.0,0.5229,0.0,0.664,0.9296,0.0,0.0,3.4107,0.0,0.0,0.0,3.9244,3.0523,1.7442,1.4535,2.1802,0.0,0.0,7.2756,7.7399,10.0619,13.0031,9.1331,10.8359,11.6099,12.5387,19.0402,16.7102,14.6459,13.852,16.3926,14.3284,13.852,24.1909,31.8283,36.2239,31.5381,27.689,25.0114,27.8564,26.5175,24.5093,22.6684,18.2489,13.0794,9.1823,11.4825,15.7762,17.6213,12.6957,14.4806,19.5709,23.7455,21.2109,24.7891,24.0437,31.0509,30.1564,23.2251,20.8033,27.0714,23.9374,21.573,21.4298,25.0097,23.1482,22.1458,22.0026,24.2938,24.4369,26.8713,22.15,26.157,23.3083,21.5448,22.5029,19.0682,21.6609,21.5521,10.405,8.8277,12.131,13.6784,13.5594,6.5363,1.1314,0.0,0.0,1.2903,4.2581,3.4839,1.2903,2.5806,1.9355,0.6452,2.1935,2.9244,2.1534,2.1534,4.2093,6.1367,0.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"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":[19.0325,6.9183,1.2732,9.0313,1.7638,14.73,15.7821,8.9431,4.5898,17.3392,1.5145,2.872,1.3048,13.0483,10.4386,6.5241,5.6543,10.5523,0.8336,0.0,17.7834,19.6136,29.5398,47.9278,33.8314,40.0339,45.3986,52.742,81.8501,71.9146,63.1122,59.7267,71.499,62.5796,60.5213,91.2845,89.75,100.0,84.7793,74.4829,67.3202,74.9306,71.3492,65.9772,61.0527,72.2445,50.3922,41.7647,49.8529,64.951,77.8922,63.1124,68.0072,95.8294,92.6358,83.6934,90.153,87.6912,95.7466,89.2649,85.5982,75.2411,97.0289,84.054,76.0342,75.5484,87.6914,79.2001,75.891,75.4183,82.982,83.4546,91.491,84.4002,96.3495,83.1639,77.2485,84.24,94.2283,98.9853,86.2582,53.0655,45.262,65.4729,72.2987,71.7737,40.7952,12.7652,0.0,3.0144,10.8287,21.6574,18.8326,10.8287,15.5369,13.1828,8.4747,14.1244,16.791,13.9779,13.9779,21.4795,28.5123,5.179],"stroke":"#10243b","width":2.0},{"label":"From high","values":[-11.2041,-13.1605,-16.8558,-16.421,-18.16,-17.6166,-17.3992,-18.8121,-20.3337,-17.6166,-21.2032,-22.1785,-24.8017,-21.8506,-22.5064,-23.4901,-23.7087,-23.1622,-26.004,-29.3923,-24.2552,-23.0959,-18.1278,-11.23,-14.2701,-12.9324,-11.2513,-9.1788,-3.4522,-5.3419,-7.0162,-7.6601,-5.3632,-7.0416,-7.429,-1.8373,-2.6961,0.0,-4.1463,-6.9512,-8.9024,-6.8293,-7.8049,-9.2683,-10.6098,-7.561,-11.2195,-13.1707,-11.3415,-7.9268,-5.0,-8.3426,-6.1161,-0.7973,-1.6588,-3.673,-2.3337,-2.9172,-1.1249,-2.784,-3.6749,-5.5679,-0.6682,-3.6545,-5.4924,-5.6038,-2.8209,-4.8673,-5.6416,-5.7522,-3.9823,-3.8717,-1.9911,-3.6504,-0.9585,-3.9112,-5.2854,-3.8462,-1.2474,-0.2028,-2.8537,-9.7006,-10.9906,-6.5252,-5.2352,-5.3345,-11.1891,-15.2575,-20.1787,-20.4637,-19.4374,-17.077,-17.6928,-19.4374,-18.4112,-18.9243,-19.9506,-18.7191,-18.1378,-18.751,-18.751,-17.1158,-15.5828,-20.669],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[3.0567,1.1392,0.2621,1.9894,0.4,3.8356,4.1096,2.3287,1.2431,4.6961,0.4155,0.8499,0.438,4.3796,3.5036,2.1898,1.8978,3.6873,0.2963,0.0,7.4419,7.907,10.2326,13.1783,9.3023,11.0078,11.7829,12.7132,19.2248,16.8911,14.8237,14.0285,16.5731,14.5056,14.0285,24.3834,32.0327,36.4351,31.742,27.887,25.2052,28.0546,26.7137,24.7024,22.8586,27.0489,14.7278,12.2063,14.5702,18.9828,22.7651,18.4455,16.074,22.65,26.9321,24.3322,28.0026,27.2379,34.4256,31.2548,29.3244,21.8299,28.1513,24.9906,22.6062,22.4618,26.0721,24.1947,23.1838,23.0395,25.3501,25.4944,27.9495,25.7833,34.3036,25.1663,23.3763,27.1953,25.9798,24.7293,22.6078,13.8252,11.3711,15.257,16.8477,16.7253,9.5064,2.7059,0.0,0.8061,3.0184,6.0367,5.2493,3.0184,4.3307,3.6745,2.3622,3.937,4.6803,3.8962,3.8962,5.9872,7.9475,1.4436],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[5.1445,5.126,5.3636,5.1403,5.2445,5.1393,5.333,5.2964,5.4116,5.1891,5.7964,6.0684,6.1741,5.8163,5.8697,5.8062,5.7344,5.6527,5.746,6.0781,5.9105,5.711,5.4222,5.3736,5.6226,5.4899,5.5974,5.7147,5.4904,5.7637,5.8342,5.6645,5.5153,5.571,5.374,5.3213,5.3117,5.1864,5.3238,5.4015,5.5055,5.5314,5.493,5.5382,5.5316,5.344,5.5985,5.5261,5.2318,5.3686,5.4459,5.7426,5.5071,5.2314,5.1328,5.1469,5.0689,4.9841,4.8926,4.8935,4.875,5.0218,4.8495,5.0275,5.02,4.9533,4.8687,5.0129,4.9526,4.8893,4.6209,4.4914,4.2921,4.2838,4.3629,4.5299,4.6421,4.685,4.5366,4.5316,4.7057,5.376,5.4067,5.266,5.1075,5.0397,5.6666,5.9326,6.5078,6.3312,6.077,5.8624,5.6982,5.6241,5.2735,5.0815,4.9897,4.7886,4.513,4.42,4.2929,4.2071,4.3199,4.8784],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[14.1876,15.0946,17.2706,18.4005,19.4686,20.492,20.8073,21.6289,23.2004,23.8613,25.4553,26.9725,28.9023,27.2586,26.3543,23.8921,21.3408,20.2438,20.2888,21.5063,19.3289,17.4381,16.6469,15.5974,15.0215,14.0803,12.9195,12.3961,14.2942,14.3043,14.7303,15.0211,15.3922,15.6348,15.7504,18.5018,23.6326,28.9856,30.3278,28.541,27.8095,27.2778,26.7024,26.2452,24.6873,23.5755,22.1794,21.0248,20.8396,20.3695,19.7365,18.1435,17.1805,16.6,16.6255,17.6922,19.7845,20.8787,24.6642,27.1646,28.4604,29.1117,30.8011,30.9381,29.9824,29.4722,28.1071,25.0468,21.8973,19.5701,18.1446,14.4009,11.0195,9.4111,11.4169,10.8691,10.6005,10.952,13.2348,16.7215,19.0215,18.4518,18.4388,18.7608,18.8149,18.4963,18.1429,18.2114,20.064,21.8366,23.3381,23.9766,24.9256,26.1858,26.9652,27.8909,29.0013,29.3905,28.9391,26.9861,24.2591,23.5667,23.0254,21.1074],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[155.4532,230.0572,180.0407,107.2238,95.9014,123.4523,127.7177,109.7967,102.298,70.1188,123.515,73.9793,76.7737,47.7585,63.4283,53.9584,64.2765,71.582,33.2922,49.8634,82.0247,88.7534,64.8415,98.2149,71.3179,104.4534,132.9546,154.3871,69.5655,75.2423,78.9157,80.7185,109.8692,85.9999,43.8933,86.6418,115.182,136.0402,90.6389,83.3482,88.9236,134.6347,72.8941,82.0044,121.9298,124.8362,98.1552,91.6266,71.9042,137.1956,151.3617,84.7196,76.9091,82.526,122.3975,76.5254,107.9552,89.7729,138.8838,109.0036,151.8834,87.4493,103.9256,129.0776,84.6665,83.6145,88.463,146.3839,71.4027,93.4025,32.5402,50.7056,65.431,82.6777,138.0034,119.7997,78.8171,91.3514,61.6094,153.2719,182.285,154.2515,96.5985,74.6099,72.927,116.9747,172.4584,134.2135,131.9164,163.7519,122.8008,100.3429,79.7518,12.0929,11.4833,15.8273,11.87,11.1972,13.5273,75.0478,79.5618,83.4286,122.7378,123.5252],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[121.6962,117.8667,114.7453,116.6342,114.9727,117.159,119.4702,117.4427,115.5049,116.8352,114.3901,112.9108,111.3676,112.2982,111.077,110.0524,109.2291,110.9474,110.708,110.0852,112.371,114.9777,116.2355,118.1123,116.779,119.2863,121.7445,124.61,125.8539,124.5258,123.2105,121.8921,123.6704,122.272,121.5791,122.9465,124.7755,126.9628,125.4748,124.0986,122.6501,124.8639,123.6691,122.3503,120.3514,122.5152,120.9376,120.5834,123.6131,127.2233,130.1599,128.5136,132.4041,134.1027,135.0,133.4411,135.0,133.2475,135.0,132.8528,129.7556,128.0102,130.1208,127.426,125.6845,123.9953,125.7794,122.7244,121.2267,119.2953,119.9316,120.9067,122.1589,120.5751,123.2377,120.8738,119.3407,121.1212,122.2743,125.2031,121.6813,118.5978,116.676,118.1135,119.5058,117.2387,113.7493,111.0581,108.3319,104.8183,107.5839,109.9117,108.0368,107.7604,108.009,107.6825,107.4453,107.6603,107.9139,106.5661,106.5661,107.9005,109.8664,107.8523],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]}]},"canonical_url":"https://sharemaestro.com/terminal/dd26be0a-ae2d-4242-bdaa-5734acdd8fee/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/dd26be0a-ae2d-4242-bdaa-5734acdd8fee/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/dd26be0a-ae2d-4242-bdaa-5734acdd8fee/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/dd26be0a-ae2d-4242-bdaa-5734acdd8fee/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/dd26be0a-ae2d-4242-bdaa-5734acdd8fee/technical-pack/data.json"},"source_fingerprint":"c22c725ce32cb77e1c2106b7afe23af97da8aa319eb44a850c9f6b696fdfa1b0","content_hash":"6ce847561131ca96a996ca9225c02bb0cb7d17e6d24b8ee00da46bd44488edff","citation":"Sharemaestro, RANI3 Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/dd26be0a-ae2d-4242-bdaa-5734acdd8fee/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."}