{"schema_version":"1.0","name":"TRD Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"e16677d8-7009-4b39-9861-ab5390fd3ca3","symbol":"TRD","name":"Triad Group plc","exchange":"LSE","country":"GB","asset_type":"equity","currency":"GBP","sector":"Technology","industry":"Information Technology Services"},"summary":"Market Dynamics improved this week but remains below zero. 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, Activity pressure and cumulative balance, Acceleration, deceleration and rollover, Directional strength and control."},{"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 improved this week but remains below zero. 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 improved this week but remains below zero. 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":[-1.200281,-1.184559,-1.112556,-1.018628,-1.008978,-1.056764,-1.0822,-0.915684,-0.608742,-0.214806,0.141706,0.519799,0.669933,0.760051,0.652513,0.328846,-0.015589,-0.403162,-0.655225,-0.888752,-0.942401,-0.582978,-0.226518,0.216027,0.558289,0.575289,0.899827,1.051133,1.192025,1.261131,1.024371,0.678851,0.268,-0.127366,-0.599583,-0.939126,-1.144733,-1.31223,-1.283521,-1.229762,-1.111188,-0.912485,-0.720691,-0.494638,-0.380516,-0.34806,-0.2976,-0.2157,-0.12429,-0.061282,-0.101835,0.00012,0.056618,0.263186,0.452868,0.519037,0.703133,0.695589,0.684175,0.605748,0.407067,0.209608,0.076902,-0.084553,-0.31561,-0.594357,-0.794743,-1.029921,-1.116448,-1.177331,-1.324988,-1.371793,-1.411849,-1.414613,-1.073049,-0.55489,-0.054625,0.578794,0.849666,0.945116,1.034321,0.963338,0.849715,0.767504,0.596938,0.545059,0.493258,0.466422,0.350706,0.053194,-0.201213,-0.516602,-0.686085,-0.912434,-1.089856,-1.282291,-1.444579,-1.423079,-1.418576,-1.302591,-1.188238,-0.96001,-0.694993,-0.510393],"opens":[259.919159,274.91449,279.912962,279.912933,279.912933,279.912939,269.916043,284.911407,299.906708,304.905151,304.905151,304.905151,324.898927,319.900482,324.918945,289.927673,289.927673,284.928894,279.930145,274.931396,274.931396,289.927673,344.91394,349.912682,349.912689,349.912719,359.910205,399.900238,394.901463,389.902726,364.908939,359.910199,334.916451,304.923912,297.925655,299.925171,289.927673,291.927155,291.927155,284.928894,274.9314,274.931396,309.922668,329.917694,299.925175,299.925171,299.925171,299.925171,299.925171,294.926426,272.970215,269.970555,284.968906,294.967834,319.9651,304.966732,316.965424,324.964539,311.965968,304.966736,304.966736,294.967834,294.967834,294.967834,284.968914,269.970551,269.970547,279.969452,275.0,260.0,260.0,260.0,260.0,250.0,245.0,270.0,291.0,289.0,300.0,300.0,300.0,300.0,300.0,295.0,290.0,290.0,290.0,290.0,285.0,280.0,285.0,285.0,285.0,2.85,2.85,2.85,3.098919,3.295676,3.541622,3.541622,3.541622,3.541622,3.7,3.95],"highs":[283.91169,289.909824,289.909853,289.909824,289.909824,279.912939,289.909853,307.904256,309.903596,309.903598,309.403752,359.888075,323.899238,329.897402,329.917675,299.925179,295.926177,287.928146,289.927654,279.930149,299.925179,349.912693,359.910195,379.905197,354.71148,369.907692,409.897744,409.897744,399.900215,389.902731,369.907692,349.912693,329.917698,299.92516,309.922677,309.922685,299.925159,297.925658,299.925179,289.927673,279.930153,317.920673,337.915675,334.916447,308.922926,299.925171,308.922926,309.922677,309.922681,306.923434,279.96946,279.969464,304.966744,323.964651,329.964009,329.964006,329.963993,324.964539,315.615564,319.965104,309.966195,309.966199,297.967507,299.967262,279.96946,269.970551,289.968361,279.969452,290.0,260.0,270.0,264.0,264.0,260.0,270.0,310.0,300.0,305.0,310.0,310.0,310.0,308.0,310.0,310.0,290.0,300.0,300.0,300.0,290.0,288.0,290.0,296.0,290.0,2.9,2.88,2.9,3.098919,3.443243,3.541622,3.64,3.610486,3.75,4.0,4.3],"lows":[249.922268,269.916043,269.916043,269.916043,264.917598,260.918846,269.916043,273.914825,299.906706,289.909818,293.908572,302.006059,312.902659,313.102609,279.930167,273.931664,279.930167,269.93264,269.93264,269.932644,269.93264,290.927416,339.915184,348.712969,340.914934,339.915184,359.910205,389.902706,379.905205,348.413081,349.912682,329.91769,284.412039,264.933891,289.927665,289.927665,280.13013,283.92915,279.930142,269.932644,259.935142,269.93264,307.423292,289.927665,289.927669,291.927166,291.927166,289.927665,289.927669,260.971524,259.971641,229.974913,269.970543,289.96838,299.967281,303.966842,305.266679,303.966845,299.967277,299.967281,222.197767,285.968816,279.969452,269.970539,259.971641,259.971641,260.471583,253.972292,250.0,250.25,250.0,250.25,240.0,240.0,236.0,266.0,280.0,280.5,290.0,290.0,290.0,290.0,280.0,281.0,280.0,280.0,280.0,280.0,280.0,280.0,280.0,280.0,280.0,2.83,2.83,2.85,3.04973,3.198281,3.541622,3.443243,3.477676,3.541622,3.666,3.9],"closes":[274.91449,279.912933,279.912933,279.912933,279.912933,269.916046,284.911407,299.906708,304.905151,304.905151,304.905151,324.898956,319.900482,319.920166,289.927673,289.927673,284.928894,279.930145,274.931396,274.931396,289.927673,344.91394,349.912689,354.911438,349.912689,359.910187,399.900238,394.901459,389.90271,364.908966,359.910187,334.916443,304.92392,297.925659,299.925171,289.927673,291.927155,291.927155,284.928894,274.931396,274.931396,309.922668,319.920166,299.925171,299.925171,299.925171,299.925171,299.925171,294.926422,272.970215,269.970551,284.968903,294.967834,319.965088,304.966736,316.965424,324.964539,311.965973,304.966736,304.966736,294.967834,294.967834,294.967834,284.968903,269.970551,269.970551,279.969452,275.0,260.0,260.0,260.0,260.0,250.0,245.0,270.0,291.0,289.0,300.0,300.0,300.0,300.0,300.0,295.0,290.0,290.0,290.0,290.0,285.0,285.0,285.0,285.0,285.0,285.0,2.85,2.85,2.85,3.098919,3.246486,3.541622,3.541622,3.541622,3.7,3.95,4.1],"pressureRange":[-1.973546,1.973546],"priceRange":[2.85,399.900238],"zones":{"accumulationBoundary":0.119973,"distributionBoundary":0.880027},"latest":-0.510393,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"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":"Accumulation repair watch","detail":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","tone":"caution"},"chartSummary":"Price is in the accumulation zone. The Market Dynamics bars show whether underlying conditions are repairing or continuing to weaken.","summary":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","annotations":[{"label":"Current tape relationship","value":"Accumulation repair watch","detail":"Market Dynamics improved this week but remains below zero.","tone":"caution"},{"label":"Price location","value":"Accumulation zone","detail":"Price is being tested for a confirmed recovery through the lower zone.","tone":"caution"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Repairing","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.36,"forwardCorrelation":-0.1,"directionalAgreement":57.4,"sample":237,"correlationSample":258,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"averageWeeksToHigher":3.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":13.9,"averageReturn":13.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.0,"sample":1},{"week":2,"averageReturn":0.0,"sample":1},{"week":3,"averageReturn":8.7,"sample":1},{"week":4,"averageReturn":13.9,"sample":1},{"week":5,"averageReturn":24.3,"sample":1},{"week":6,"averageReturn":24.3,"sample":1},{"week":7,"averageReturn":24.3,"sample":1},{"week":8,"averageReturn":29.8,"sample":1},{"week":9,"averageReturn":38.6,"sample":1},{"week":10,"averageReturn":43.9,"sample":1},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":3.5,"medianWeeksInZone":3.5,"averageWeeksToLower":3.5,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"medianReturn":6.3,"averageReturn":6.3,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-18.6,"averageReturn":-18.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-22.0,"averageReturn":-22.0,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":4.9,"sample":2},{"week":2,"averageReturn":5.6,"sample":2},{"week":3,"averageReturn":10.5,"sample":2},{"week":4,"averageReturn":6.3,"sample":2},{"week":5,"averageReturn":4.9,"sample":2},{"week":6,"averageReturn":-2.1,"sample":2},{"week":7,"averageReturn":-6.9,"sample":2},{"week":8,"averageReturn":-11.4,"sample":2},{"week":9,"averageReturn":-15.4,"sample":2},{"week":10,"averageReturn":-17.8,"sample":2},{"week":11,"averageReturn":-17.2,"sample":2},{"week":12,"averageReturn":-18.6,"sample":2},{"week":13,"averageReturn":-19.3,"sample":2},{"week":14,"averageReturn":-20.7,"sample":2},{"week":15,"averageReturn":-21.7,"sample":2},{"week":16,"averageReturn":-18.2,"sample":2},{"week":17,"averageReturn":-16.8,"sample":2},{"week":18,"averageReturn":-14.7,"sample":2},{"week":19,"averageReturn":-13.3,"sample":2},{"week":20,"averageReturn":-16.1,"sample":2},{"week":21,"averageReturn":-16.1,"sample":2},{"week":22,"averageReturn":-16.1,"sample":2},{"week":23,"averageReturn":-16.8,"sample":2},{"week":24,"averageReturn":-19.8,"sample":2},{"week":25,"averageReturn":-20.9,"sample":2},{"week":26,"averageReturn":-22.0,"sample":2}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":14,"completedEpisodes":14,"activeEpisodes":0,"medianExpectedMove":13.7,"averageExpectedMove":19.0,"averageWeeksToLargestMove":5.5,"horizons":[{"weeks":4,"sample":14,"expectedCount":8,"expectedPercent":57.1,"averageReturn":1.6,"medianReturn":4.4,"confidenceLow":32.6,"confidenceHigh":78.6,"confidence":"Mixed historical record"},{"weeks":12,"sample":14,"expectedCount":7,"expectedPercent":50.0,"averageReturn":6.8,"medianReturn":2.5,"confidenceLow":26.8,"confidenceHigh":73.2,"confidence":"Mixed historical record"},{"weeks":26,"sample":13,"expectedCount":8,"expectedPercent":61.5,"averageReturn":13.2,"medianReturn":1.7,"confidenceLow":35.5,"confidenceHigh":82.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.3,"sample":14},{"week":2,"averageReturn":3.2,"sample":14},{"week":3,"averageReturn":3.5,"sample":14},{"week":4,"averageReturn":1.6,"sample":14},{"week":5,"averageReturn":1.5,"sample":14},{"week":6,"averageReturn":1.7,"sample":14},{"week":7,"averageReturn":4.7,"sample":14},{"week":8,"averageReturn":5.6,"sample":14},{"week":9,"averageReturn":5.9,"sample":14},{"week":10,"averageReturn":4.5,"sample":14},{"week":11,"averageReturn":5.1,"sample":14},{"week":12,"averageReturn":6.8,"sample":14},{"week":13,"averageReturn":9.9,"sample":14},{"week":14,"averageReturn":11.2,"sample":14},{"week":15,"averageReturn":9.5,"sample":14},{"week":16,"averageReturn":11.9,"sample":13},{"week":17,"averageReturn":13.5,"sample":13},{"week":18,"averageReturn":14.5,"sample":13},{"week":19,"averageReturn":12.7,"sample":13},{"week":20,"averageReturn":12.3,"sample":13},{"week":21,"averageReturn":13.0,"sample":13},{"week":22,"averageReturn":13.3,"sample":13},{"week":23,"averageReturn":11.5,"sample":13},{"week":24,"averageReturn":12.0,"sample":13},{"week":25,"averageReturn":11.0,"sample":13},{"week":26,"averageReturn":13.2,"sample":13}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":19,"completedEpisodes":19,"activeEpisodes":0,"medianExpectedMove":7.7,"averageExpectedMove":8.5,"averageWeeksToLargestMove":6.6,"horizons":[{"weeks":4,"sample":18,"expectedCount":8,"expectedPercent":44.4,"averageReturn":1.9,"medianReturn":0.0,"confidenceLow":24.6,"confidenceHigh":66.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":7,"expectedPercent":38.9,"averageReturn":5.4,"medianReturn":1.4,"confidenceLow":20.3,"confidenceHigh":61.4,"confidence":"Mixed historical record"},{"weeks":26,"sample":18,"expectedCount":7,"expectedPercent":38.9,"averageReturn":13.2,"medianReturn":5.3,"confidenceLow":20.3,"confidenceHigh":61.4,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.5,"sample":19},{"week":2,"averageReturn":-0.5,"sample":19},{"week":3,"averageReturn":1.0,"sample":18},{"week":4,"averageReturn":1.9,"sample":18},{"week":5,"averageReturn":3.7,"sample":18},{"week":6,"averageReturn":3.8,"sample":18},{"week":7,"averageReturn":3.1,"sample":18},{"week":8,"averageReturn":5.2,"sample":18},{"week":9,"averageReturn":4.9,"sample":18},{"week":10,"averageReturn":6.4,"sample":18},{"week":11,"averageReturn":4.4,"sample":18},{"week":12,"averageReturn":5.4,"sample":18},{"week":13,"averageReturn":4.9,"sample":18},{"week":14,"averageReturn":8.2,"sample":18},{"week":15,"averageReturn":8.5,"sample":18},{"week":16,"averageReturn":7.8,"sample":18},{"week":17,"averageReturn":10.5,"sample":18},{"week":18,"averageReturn":8.8,"sample":18},{"week":19,"averageReturn":8.7,"sample":18},{"week":20,"averageReturn":9.2,"sample":18},{"week":21,"averageReturn":11.8,"sample":18},{"week":22,"averageReturn":12.4,"sample":18},{"week":23,"averageReturn":12.4,"sample":18},{"week":24,"averageReturn":12.0,"sample":18},{"week":25,"averageReturn":14.2,"sample":18},{"week":26,"averageReturn":13.2,"sample":18}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":19,"completedEpisodes":18,"activeEpisodes":1,"medianExpectedMove":10.0,"averageExpectedMove":11.0,"averageWeeksToLargestMove":6.7,"horizons":[{"weeks":4,"sample":18,"expectedCount":7,"expectedPercent":38.9,"averageReturn":4.3,"medianReturn":1.0,"confidenceLow":20.3,"confidenceHigh":61.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":17,"expectedCount":9,"expectedPercent":52.9,"averageReturn":4.6,"medianReturn":-0.8,"confidenceLow":31.0,"confidenceHigh":73.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":6,"expectedPercent":37.5,"averageReturn":16.6,"medianReturn":5.2,"confidenceLow":18.5,"confidenceHigh":61.4,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.9,"sample":19},{"week":2,"averageReturn":2.9,"sample":18},{"week":3,"averageReturn":2.5,"sample":18},{"week":4,"averageReturn":4.3,"sample":18},{"week":5,"averageReturn":6.1,"sample":18},{"week":6,"averageReturn":8.3,"sample":18},{"week":7,"averageReturn":5.3,"sample":17},{"week":8,"averageReturn":3.9,"sample":17},{"week":9,"averageReturn":2.9,"sample":17},{"week":10,"averageReturn":3.8,"sample":17},{"week":11,"averageReturn":4.5,"sample":17},{"week":12,"averageReturn":4.6,"sample":17},{"week":13,"averageReturn":3.4,"sample":17},{"week":14,"averageReturn":3.3,"sample":17},{"week":15,"averageReturn":5.9,"sample":17},{"week":16,"averageReturn":8.8,"sample":17},{"week":17,"averageReturn":8.4,"sample":17},{"week":18,"averageReturn":10.1,"sample":17},{"week":19,"averageReturn":13.4,"sample":16},{"week":20,"averageReturn":16.0,"sample":16},{"week":21,"averageReturn":16.3,"sample":16},{"week":22,"averageReturn":18.5,"sample":16},{"week":23,"averageReturn":16.8,"sample":16},{"week":24,"averageReturn":16.8,"sample":16},{"week":25,"averageReturn":18.0,"sample":16},{"week":26,"averageReturn":16.6,"sample":16}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":16,"completedEpisodes":16,"activeEpisodes":0,"medianExpectedMove":10.6,"averageExpectedMove":16.4,"averageWeeksToLargestMove":5.9,"horizons":[{"weeks":4,"sample":16,"expectedCount":6,"expectedPercent":37.5,"averageReturn":-0.3,"medianReturn":-3.6,"confidenceLow":18.5,"confidenceHigh":61.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":15,"expectedCount":7,"expectedPercent":46.7,"averageReturn":6.7,"medianReturn":0.0,"confidenceLow":24.8,"confidenceHigh":69.9,"confidence":"Mixed historical record"},{"weeks":26,"sample":15,"expectedCount":7,"expectedPercent":46.7,"averageReturn":6.8,"medianReturn":-1.6,"confidenceLow":24.8,"confidenceHigh":69.9,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.2,"sample":16},{"week":2,"averageReturn":-0.3,"sample":16},{"week":3,"averageReturn":-0.4,"sample":16},{"week":4,"averageReturn":-0.3,"sample":16},{"week":5,"averageReturn":-0.4,"sample":16},{"week":6,"averageReturn":0.6,"sample":16},{"week":7,"averageReturn":2.3,"sample":16},{"week":8,"averageReturn":4.2,"sample":16},{"week":9,"averageReturn":3.6,"sample":16},{"week":10,"averageReturn":2.9,"sample":16},{"week":11,"averageReturn":5.0,"sample":15},{"week":12,"averageReturn":6.7,"sample":15},{"week":13,"averageReturn":3.9,"sample":15},{"week":14,"averageReturn":5.0,"sample":15},{"week":15,"averageReturn":5.1,"sample":15},{"week":16,"averageReturn":5.9,"sample":15},{"week":17,"averageReturn":7.0,"sample":15},{"week":18,"averageReturn":7.5,"sample":15},{"week":19,"averageReturn":6.4,"sample":15},{"week":20,"averageReturn":4.5,"sample":15},{"week":21,"averageReturn":4.5,"sample":15},{"week":22,"averageReturn":3.7,"sample":15},{"week":23,"averageReturn":5.9,"sample":15},{"week":24,"averageReturn":5.6,"sample":15},{"week":25,"averageReturn":6.0,"sample":15},{"week":26,"averageReturn":6.8,"sample":15}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":18.9,"averageExpectedMove":18.9,"averageWeeksToLargestMove":11.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":6.3,"medianReturn":6.3,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-18.6,"medianReturn":-18.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-22.0,"medianReturn":-22.0,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":4.9,"sample":2},{"week":2,"averageReturn":5.6,"sample":2},{"week":3,"averageReturn":10.5,"sample":2},{"week":4,"averageReturn":6.3,"sample":2},{"week":5,"averageReturn":4.9,"sample":2},{"week":6,"averageReturn":-2.1,"sample":2},{"week":7,"averageReturn":-6.9,"sample":2},{"week":8,"averageReturn":-11.4,"sample":2},{"week":9,"averageReturn":-15.4,"sample":2},{"week":10,"averageReturn":-17.8,"sample":2},{"week":11,"averageReturn":-17.2,"sample":2},{"week":12,"averageReturn":-18.6,"sample":2},{"week":13,"averageReturn":-19.3,"sample":2},{"week":14,"averageReturn":-20.7,"sample":2},{"week":15,"averageReturn":-21.7,"sample":2},{"week":16,"averageReturn":-18.2,"sample":2},{"week":17,"averageReturn":-16.8,"sample":2},{"week":18,"averageReturn":-14.7,"sample":2},{"week":19,"averageReturn":-13.3,"sample":2},{"week":20,"averageReturn":-16.1,"sample":2},{"week":21,"averageReturn":-16.1,"sample":2},{"week":22,"averageReturn":-16.1,"sample":2},{"week":23,"averageReturn":-16.8,"sample":2},{"week":24,"averageReturn":-19.8,"sample":2},{"week":25,"averageReturn":-20.9,"sample":2},{"week":26,"averageReturn":-22.0,"sample":2}]},"currentApplication":{"status":"Countertrend conflict","tone":"caution","headline":"Market Dynamics is repairing against a downward price structure","use":"The downside structure remains in place, but improving Market Dynamics weakens that case. A positive price response is needed to confirm the repair.","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":"negative","direction":"strengthening","zone":"accumulation","zoneContext":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price remains in a downward structure","detail":"Improving Market Dynamics has not yet produced a positive price response."}},"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":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 11.0% across 17 completed cases, with the largest move arriving after 6.7 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":[],"distribution_rollovers":[{"date":"2025-03-28","price":334.916443}],"price_pressure_gaps":[{"date":"2025-01-31","price":354.911438},{"date":"2025-02-14","price":359.910187}]}},"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":[274.9145,279.9129,279.9129,279.9129,279.9129,269.916,284.9114,299.9067,304.9052,304.9052,304.9052,324.899,319.9005,319.9202,289.9277,289.9277,284.9289,279.9301,274.9314,274.9314,289.9277,344.9139,349.9127,354.9114,349.9127,359.9102,399.9002,394.9015,389.9027,364.909,359.9102,334.9164,304.9239,297.9257,299.9252,289.9277,291.9272,291.9272,284.9289,274.9314,274.9314,309.9227,319.9202,299.9252,299.9252,299.9252,299.9252,299.9252,294.9264,272.9702,269.9706,284.9689,294.9678,319.9651,304.9667,316.9654,324.9645,311.966,304.9667,304.9667,294.9678,294.9678,294.9678,284.9689,269.9706,269.9706,279.9695,275.0,260.0,260.0,260.0,260.0,250.0,245.0,270.0,291.0,289.0,300.0,300.0,300.0,300.0,300.0,295.0,290.0,290.0,290.0,290.0,285.0,285.0,285.0,285.0,285.0,285.0,2.85,2.85,2.85,3.0989,3.2465,3.5416,3.5416,3.5416,3.7,3.95,4.1],"consensus":[9.2783,0.0,0.0,0.0,0.0,-27.2807,29.0587,43.1259,31.9733,27.8601,24.5185,50.2241,20.5045,20.3375,-43.1273,-15.1802,-28.8274,-27.9119,-31.1122,-21.5244,20.0803,70.1386,40.3831,34.1801,33.3047,43.1151,75.7651,26.6647,30.6262,-15.3201,-8.0807,-46.9716,-61.1329,-34.7356,-30.3107,-53.0639,-23.4483,-22.4447,-40.716,-44.1684,-23.8213,42.1339,29.2437,-24.8096,0.0,0.0,-10.1594,0.0,-17.0339,-49.9571,-30.3772,15.9977,18.3851,56.746,-10.392,31.584,39.6763,-10.3114,-11.0539,0.0,-21.2003,-12.3555,0.0,-24.2462,-40.7019,-13.5831,0.0,-14.5824,-43.8491,-9.8523,-21.0532,-14.9286,-35.5654,-33.7822,38.4197,46.0376,18.5793,46.0453,24.7584,18.6744,17.881,13.5773,0.0,-10.4759,0.0,0.0,0.0,-16.1626,0.0,0.0,0.0,0.0,0.0,-69.9964,-51.0827,-60.8215,-37.1372,-45.8285,-37.8986,-37.3255,-36.9542,-29.0078,-25.361,-32.109],"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":[17.3297,50.3698,-17.1421,28.2918,35.744,-10.9769,-13.8959,0.0,-8.6768,-9.8419,0.0,-23.0902,-37.6608,-1.6402,0.0,-10.0725,-38.3837,-1.2055,-17.1116,-9.245,-34.9608,-36.025,36.122,37.2455,11.3497,41.6598,18.9752,16.8761,14.9106,14.9707,0.0,-9.2957,0.0,0.0,0.0,-17.2034,0.0,0.0,0.0,0.0,0.0,-72.4209,-44.9254,-62.0401,-17.3523,-52.2632,-38.2437,-37.9785,-38.2858,-25.2552,-20.5716,-35.5939],"force":[43.4746,85.8592,-51.6257,29.6531,43.7756,-31.9877,-25.4093,0.0,-37.8997,-8.2162,0.0,-20.7763,-45.9356,-4.1176,0.0,-8.4878,-66.9894,-7.9441,-6.6094,-0.6128,-37.8243,-22.4605,84.2852,70.4534,2.9454,51.2675,8.5411,3.5225,4.2841,1.2889,0.0,-23.0234,0.0,0.0,0.0,-24.8458,0.0,0.0,0.0,0.0,0.0,-50.9949,-12.76,-22.04,-1.4069,-6.7525,-0.6112,-0.2931,-0.2276,-7.1494,-9.8597,-1.2958],"direction":[1.6701,43.238,-26.7751,36.7258,41.2423,-5.9322,-2.448,0.0,-23.5846,-18.1848,0.0,-28.0457,-40.439,-39.8754,0.0,-24.0899,-33.5664,-32.446,-35.8747,-31.6497,-34.6429,-39.3059,8.2846,38.6458,38.0087,47.3271,42.9515,31.5524,30.9879,20.7622,0.0,-2.8621,0.0,0.0,0.0,-8.7708,0.0,0.0,0.0,0.0,0.0,-80.7982,-85.4931,-87.13,-87.2801,-66.3862,-65.0111,-63.4498,-61.6658,-59.1229,-55.9924,-51.9868],"intensity":[92.3077,61.5385,44.2308,40.3846,17.3077,40.3846,23.0769,7.6923,100.0,98.0769,40.3846,38.4615,57.6923,36.5385,59.6154,38.4615,48.0769,80.7692,36.5385,9.6154,38.4615,9.6154,69.2308,94.2308,48.0769,42.3077,23.0769,1.9231,3.8462,7.6923,46.1538,17.3077,71.1538,50.0,5.7692,21.1538,51.9231,11.5385,13.4615,26.9231,28.8462,100.0,7.6923,9.6154,11.5385,13.4615,13.4615,11.5385,11.5385,15.3846,19.2308,21.1538],"confirmation":[51.9973,87.1432,32.8579,78.0982,80.8813,50.549,49.787,25.1298,75.4839,71.8659,24.9539,75.6706,81.2304,27.5342,5.6898,72.5494,82.8202,27.1035,51.6902,49.7608,79.459,78.4311,81.7271,83.6101,50.9124,82.9605,75.5166,50.8748,50.6861,49.2823,2.1622,49.086,25.7207,1.0356,0.4842,73.4208,24.3288,24.3259,24.2571,1.6443,0.6656,89.7828,83.2724,86.2624,56.6442,58.7095,56.4124,56.1836,56.0191,55.0963,31.8852,62.8135],"persistence":[25.0,12.5,12.5,0.0,25.0,25.0,25.0,12.5,12.5,37.5,25.0,50.0,75.0,75.0,62.5,75.0,75.0,75.0,87.5,87.5,87.5,87.5,75.0,50.0,25.0,0.0,25.0,50.0,75.0,100.0,87.5,62.5,50.0,37.5,25.0,0.0,12.5,25.0,25.0,12.5,12.5,25.0,37.5,37.5,50.0,62.5,75.0,87.5,100.0,100.0,100.0,100.0],"assessmentRisk":[9.0442,21.4146,54.7438,33.4553,29.5112,22.952,5.5269,33.0938,38.401,37.025,34.0697,34.6935,28.2682,42.0359,46.5132,34.2975,20.7049,39.2438,39.1724,41.2582,26.7265,31.8821,18.264,26.42,40.5859,26.9725,37.1777,24.6407,29.6839,6.7886,23.49,32.8679,41.7929,38.2196,24.5008,22.8219,40.1499,42.4541,46.5667,2.6616,1.1597,14.9485,24.4053,19.5354,31.3766,23.1783,19.4097,19.1232,18.7715,14.8054,12.952,16.4257],"volumeParticipation":true,"latest":{"consensus":-32.1,"control":-35.6,"force":-1.3,"direction":-52.0,"confirmation":62.8,"persistence":100.0,"assessmentRisk":16.4,"intensity":21.2,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Commitment is limited","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-32.1","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-35.6","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-1.3","detail":"Commitment is limited","tone":"negative"},{"label":"SM Direction Gauge","value":"-52.0","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"63/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"7.3","detail":"Stretched negative","tone":"negative"},{"label":"Risk pressure","value":"448.4%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"50.9","detail":"Directional","tone":"positive"},{"label":"Range position","value":"0%","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":[274.9145,279.9129,279.9129,279.9129,279.9129,269.916,284.9114,299.9067,304.9052,304.9052,304.9052,324.899,319.9005,319.9202,289.9277,289.9277,284.9289,279.9301,274.9314,274.9314,289.9277,344.9139,349.9127,354.9114,349.9127,359.9102,399.9002,394.9015,389.9027,364.909,359.9102,334.9164,304.9239,297.9257,299.9252,289.9277,291.9272,291.9272,284.9289,274.9314,274.9314,309.9227,319.9202,299.9252,299.9252,299.9252,299.9252,299.9252,294.9264,272.9702,269.9706,284.9689,294.9678,319.9651,304.9667,316.9654,324.9645,311.966,304.9667,304.9667,294.9678,294.9678,294.9678,284.9689,269.9706,269.9706,279.9695,275.0,260.0,260.0,260.0,260.0,250.0,245.0,270.0,291.0,289.0,300.0,300.0,300.0,300.0,300.0,295.0,290.0,290.0,290.0,290.0,285.0,285.0,285.0,285.0,285.0,285.0,2.85,2.85,2.85,3.0989,3.2465,3.5416,3.5416,3.5416,3.7,3.95,4.1],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[279.3803,279.4771,279.5564,279.6212,279.6742,277.9,279.1748,282.9442,286.9371,290.2041,292.877,298.6992,302.5539,305.7114,302.8417,300.4937,297.6637,294.4394,290.8925,287.9905,288.3427,298.6284,307.9528,316.4907,322.5675,329.357,342.1831,351.7682,358.7018,359.8304,359.8449,355.3124,346.1509,337.3827,330.5722,323.1823,317.4995,312.85,307.7734,301.8022,296.9166,299.2813,303.0338,302.4686,302.0062,301.6278,301.3182,301.065,299.9489,295.0437,290.4849,289.482,290.4794,295.8405,297.4998,301.039,305.3891,306.5849,306.2907,306.05,304.035,302.3864,301.0376,298.116,292.9987,288.8117,287.204,284.9851,280.4424,276.7256,273.6846,271.1965,267.3426,263.2803,264.502,269.3199,272.8981,277.8257,281.8574,285.156,287.8549,290.0631,290.9607,290.7861,290.6431,290.5262,290.4305,289.4432,288.6353,287.9743,287.4336,286.9911,286.6291,235.0329,192.8178,158.2782,130.0638,107.0061,88.1944,72.803,60.21,49.9355,41.5745,34.7609],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[260.275,261.7296,263.0765,264.3237,265.4784,265.8072,267.2223,269.6434,272.2553,274.6738,276.9132,280.4677,283.3886,286.0947,286.3786,286.6415,286.5146,286.0269,285.205,284.444,284.8502,289.2994,293.7892,298.3168,302.1387,306.4181,313.3427,319.3841,324.6077,327.593,329.9868,330.352,328.4684,326.206,324.2593,321.7162,319.5096,317.4665,315.0563,312.0841,309.332,309.3758,310.1568,309.3989,308.6972,308.0474,307.4457,306.8887,306.0026,303.5557,301.0679,299.8754,299.5119,301.0269,301.3188,302.4778,304.1435,304.7229,304.741,304.7577,304.0325,303.3611,302.7393,301.423,299.0932,296.936,295.6792,294.1474,291.618,289.2759,287.1073,285.0994,282.4994,279.7217,279.0015,279.8903,280.5651,282.0047,283.3377,284.572,285.7148,286.7729,287.3824,287.5763,287.7558,287.922,288.076,287.8481,287.6371,287.4418,287.2609,287.0934,286.9384,265.8948,246.41,228.3685,211.6819,196.2422,181.9681,168.7513,156.5136,145.194,134.7315,125.0551],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[317.3454,316.5956,315.5276,312.3194,312.1669,312.3904,312.5693,314.196,316.4032,318.1286,319.3861,324.9604,325.9868,326.9936,325.681,325.8485,325.5776,325.5774,325.3185,323.9977,323.9035,334.0747,343.5858,352.6545,359.0649,365.8024,382.5493,395.1013,404.7385,408.9721,412.1118,412.5816,412.5174,412.5489,412.2038,412.2038,411.838,411.1071,410.3149,410.3149,411.3979,409.8628,407.8684,404.9444,402.2703,397.8873,383.9515,368.7343,351.3167,339.6834,326.4816,318.4579,317.4015,321.1621,321.7267,324.7344,329.0216,330.5707,331.1262,330.7275,329.51,328.6262,326.0434,326.0454,327.2928,328.0319,327.692,327.4505,328.7108,329.781,330.5997,331.491,332.4984,329.6738,327.174,323.1757,316.4744,314.0843,313.152,312.1991,313.0221,313.8289,313.8336,314.3471,315.4858,316.5135,317.2623,317.7075,317.6483,317.3528,316.7868,315.9005,312.5845,402.0287,436.0289,454.5132,465.0279,468.6527,467.6521,462.7659,454.4083,442.8077,428.8631,412.7405],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[244.5165,247.769,251.3398,257.9503,257.607,256.6877,257.3123,257.9888,258.5846,258.3628,258.109,256.0377,255.5156,255.015,254.8341,255.1722,254.7492,254.7511,255.5116,258.3335,259.9291,256.258,253.7468,252.178,252.7676,255.0295,249.7815,246.7289,245.5915,247.3583,249.7191,250.251,248.8176,246.5866,247.9315,247.9315,248.9971,250.9277,252.7197,252.7197,250.137,248.173,247.1682,244.5935,242.2689,240.6534,244.5917,250.3112,258.2312,260.6706,264.8784,267.9074,267.9682,266.4116,266.3512,266.0472,265.0637,265.5185,266.9668,270.369,273.5901,272.9785,273.066,271.5684,267.3255,263.591,261.9353,259.6843,254.9314,252.5641,250.7484,247.3602,241.8561,237.1841,236.1872,237.589,240.6938,241.8873,242.323,242.7792,242.4594,242.1558,242.1544,242.144,243.0082,243.9834,244.2377,244.7925,247.3517,250.1472,253.2132,256.5995,263.4155,149.7563,89.0411,41.7418,2.637,-30.6631,-59.3084,-84.0681,-105.3563,-123.3857,-138.5461,-151.0134],"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":[28.0027,28.1053,29.5518,26.4931,25.553,18.4014,24.0416,29.2131,28.0068,27.8765,27.0685,35.0979,31.2145,26.3259,12.8559,11.3668,8.4565,8.3777,4.6665,2.8274,7.0917,22.2355,22.7267,20.977,17.917,19.6785,32.4577,27.1151,26.1331,17.8442,15.2929,6.6386,3.9735,2.4462,-0.9548,-6.0542,-7.3639,-6.9766,-10.5602,-13.95,-14.3886,-4.2034,-1.2526,-6.5741,-6.6112,-6.6495,-7.7181,-8.165,-10.8286,-16.8139,-17.8262,-13.6669,-12.3234,-3.5775,-8.2524,-5.4297,-2.4073,-7.0556,-11.0099,-10.217,-12.2523,-14.6079,-14.9212,-17.0269,-21.0152,-19.2419,-17.5288,-18.2541,-22.2517,-23.8499,-23.3279,-23.6352,-27.4039,-28.9579,-20.3384,-14.2003,-15.3865,-12.1691,-13.2214,-14.1158,-8.0197,-7.0736,-4.7717,-6.2939,-9.9425,-10.7786,-10.8333,-9.5359,-9.0309,-7.4989,-6.8681,-9.0277,-8.2962,-99.0582,-99.045,-99.0124,-98.9156,-98.8549,-98.6978,-98.6781,-98.6622,-98.5865,-98.4596,-98.3367],"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":[-12.6862,-11.0987,-11.0987,-11.0987,-11.0987,-14.2737,-9.5111,-4.7486,-3.1611,-3.1611,-3.1611,0.0,-1.5385,-1.5324,-10.7637,-10.7637,-12.3023,-13.8409,-15.3794,-15.3794,-10.7637,0.0,0.0,0.0,-1.4084,0.0,0.0,-1.25,-2.5,-8.75,-10.0,-16.25,-23.75,-25.5,-25.0,-27.5,-27.0,-27.0,-28.75,-31.25,-31.25,-22.5,-20.0,-25.0,-25.0,-25.0,-25.0,-25.0,-26.25,-31.7404,-32.4905,-28.74,-26.2396,-19.9888,-23.7393,-20.7389,-18.7386,-21.9891,-23.7393,-23.7393,-26.2396,-26.2396,-26.2396,-28.74,-32.4905,-32.4905,-29.9902,-31.2328,-34.9838,-34.9838,-34.9838,-34.9838,-37.4844,-38.7347,-32.4832,-27.2319,-27.732,-24.9813,-24.9813,-24.9813,-24.9813,-24.9813,-26.2316,-27.4819,-27.4819,-27.4819,-27.4819,-28.7322,-28.7322,-28.7322,-28.7322,-28.7322,-28.7322,-99.2873,-99.2873,-99.2873,-99.2251,-99.1882,-99.1144,-99.1144,-99.1144,-99.0748,-99.0123,-98.9747],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[48.6694,36.6045,25.5781,19.1656,17.6635,11.1266,15.8699,21.9683,24.0011,17.3077,17.3077,25.0,23.0769,23.0845,11.5453,11.5453,9.6221,7.6989,5.7757,5.7757,11.5453,32.7005,34.6237,36.5469,34.6237,33.3415,48.1573,46.3053,44.4533,35.1935,33.3415,21.8182,10.9091,8.3636,9.0909,5.4546,6.1818,6.1818,3.6364,0.0,0.0,12.7273,16.3636,9.0909,9.0909,9.0909,9.0909,9.0909,7.2727,0.0,0.0,5.5556,9.2593,18.5185,12.963,17.4074,20.3704,15.5556,12.963,12.963,9.2593,9.2593,9.2593,5.5556,0.0,0.0,3.7037,1.863,0.0,0.0,0.0,0.0,0.0,0.0,10.2041,18.7755,17.9592,22.449,22.449,22.449,22.449,22.449,20.4082,18.3673,18.3673,18.3673,18.3673,16.3265,16.3265,16.3265,16.3265,16.3265,16.3265,0.0,0.0,0.0,8.734,13.9118,24.2674,24.2674,24.2674,29.8246,38.5965,43.8596],"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":"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":[39.619,27.0938,25.1725,27.7644,27.1695,50.5937,58.9223,75.8215,62.6003,62.9731,59.0014,113.5155,45.6119,37.1012,97.2218,104.9253,22.6803,41.3616,9.8673,43.8905,83.2426,179.7508,23.7543,58.6046,36.3198,54.4421,233.6907,52.352,19.4668,137.0328,113.5033,51.6513,135.6767,217.494,52.5067,32.7637,19.4952,17.7679,71.4054,19.2825,169.4912,142.7549,115.7658,116.3818,55.6631,14.2086,6.1122,7.2189,10.8959,101.5807,88.8341,1366.1183,63.6427,99.009,67.4758,15.8719,65.9527,23.2803,58.3304,3.923,161.6268,0.5286,25.9097,6.6483,36.7645,8.5949,29.4818,26.7878,77.0801,13.5569,1.2674,6.9998,104.4905,44.382,173.3916,127.1085,80.8594,120.1588,75.3336,112.1108,172.4271,103.6451,4.6699,117.6209,49.7656,125.7517,9.6234,145.021,84.7329,86.9769,45.2543,100.4715,58.7189,40.2628,55.3085,0.0,1.1534,25.849,0.0,90.5072,83.9516,265.2604,452.0182,288.9464],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[66.9526,68.2777,68.2777,68.2777,68.2777,66.6649,68.5613,71.0652,73.1511,73.1511,73.1511,77.1197,75.5759,76.813,75.0585,75.0585,74.6653,73.965,73.8124,73.8124,75.0701,77.9234,78.2902,79.1943,78.6402,79.4489,83.1285,82.3493,82.0773,80.1765,78.6275,78.0091,76.3789,73.5978,74.24,73.8649,74.0864,74.0864,73.2693,73.0531,73.0531,74.6114,75.9302,74.5783,74.5783,74.5783,74.5783,74.5783,74.4793,73.6087,72.884,107.0531,108.7061,111.2596,109.4822,109.9005,111.69,111.72,110.8709,111.6001,105.8416,105.8416,105.8416,105.6191,104.3816,104.3816,105.3889,104.4623,101.6944,101.6944,101.6944,101.6944,100.334,99.8143,101.83,103.373,102.4427,103.8634,103.8634,103.8634,103.8634,103.8634,103.8171,102.5907,102.5907,102.5907,102.5907,101.0802,101.0802,101.0802,101.0802,101.0802,101.0802,100.6846,100.6846,100.6846,100.6936,100.8802,100.8802,100.8802,100.8802,102.4958,114.7084,120.6521],"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"]},{"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":[18.4822,17.2054,16.0089,14.8891,13.842,12.0665,11.7341,12.5361,13.4204,13.9603,14.2242,15.8637,16.5688,16.934,14.6345,12.6662,10.5809,8.4278,6.2461,4.4656,4.216,8.3588,11.9081,14.9519,16.7675,18.7965,23.362,26.2739,27.8572,26.7864,25.2434,21.7531,16.378,11.4218,7.5682,3.6651,0.7249,-1.5869,-3.9384,-6.5333,-8.4919,-7.1384,-5.199,-5.2154,-5.1687,-5.0733,-4.9407,-4.7805,-4.9993,-6.8653,-8.4882,-8.4666,-7.5555,-4.7615,-3.7147,-1.8951,0.1903,0.785,0.6837,0.5965,-0.2762,-0.9568,-1.4792,-2.6692,-4.7676,-6.3573,-6.7327,-7.3465,-8.9403,-10.0871,-10.8706,-11.3606,-12.4128,-13.4945,-12.194,-9.3608,-7.194,-4.5369,-2.4034,-0.7044,0.6347,1.6766,2.0749,1.9645,1.8556,1.7492,1.6458,1.1473,0.7436,0.4188,0.1596,-0.0453,-0.2054,-22.8361,-40.3065,-53.5348,-63.2689,-70.1625,-74.7404,-77.4753,-78.7352,-78.8123,-77.9547,-76.3824],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[26.0523,24.2829,22.6281,21.0803,19.6327,18.1194,16.8424,15.9811,15.469,15.1672,14.9786,15.1556,15.4383,15.7374,15.5168,14.9467,14.0735,12.9444,11.6047,10.1769,8.9847,8.8596,9.4693,10.5658,11.8062,13.2042,15.2358,17.4434,19.5262,20.9782,21.8313,21.8156,20.7281,18.8668,16.6071,14.0187,11.36,8.7706,6.2288,3.6764,1.2427,-0.4335,-1.3866,-2.1524,-2.7556,-3.2192,-3.5635,-3.8069,-4.0454,-4.6094,-5.3851,-6.0014,-6.3122,-6.0021,-5.5446,-4.8147,-3.8137,-2.894,-2.1784,-1.6234,-1.354,-1.2745,-1.3155,-1.5862,-2.2225,-3.0494,-3.7861,-4.4982,-5.3866,-6.3267,-7.2355,-8.0605,-8.931,-9.8437,-10.3137,-10.1232,-9.5373,-8.5372,-7.3105,-5.9893,-4.6645,-3.3963,-2.302,-1.4487,-0.7878,-0.2804,0.1048,0.3133,0.3994,0.4032,0.3545,0.2745,0.1786,-4.4244,-11.6008,-19.9876,-28.6438,-36.9476,-44.5061,-51.1,-56.627,-61.0641,-64.4422,-66.8302],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[-7.5701,-7.0776,-6.6192,-6.1912,-5.7906,-6.0529,-5.1083,-3.445,-2.0486,-1.207,-0.7545,0.7081,1.1305,1.1965,-0.8823,-2.2805,-3.4926,-4.5166,-5.3586,-5.7113,-4.7687,-0.5007,2.4388,4.3861,4.9614,5.5923,8.1262,8.8305,8.331,5.8082,3.4122,-0.0625,-4.3501,-7.445,-9.0389,-10.3536,-10.635,-10.3575,-10.1672,-10.2097,-9.7346,-6.7049,-3.8124,-3.063,-2.4131,-1.8541,-1.3772,-0.9737,-0.954,-2.2559,-3.1031,-2.4652,-1.2433,1.2406,1.8299,2.9197,4.004,3.679,2.8621,2.22,1.0778,0.3177,-0.1637,-1.083,-2.5451,-3.3078,-2.9466,-2.8483,-3.5537,-3.7604,-3.6351,-3.3001,-3.4818,-3.6509,-1.8802,0.7623,2.3433,4.0004,4.9071,5.2848,5.2991,5.0728,4.377,3.4132,2.6435,2.0296,1.541,0.834,0.3442,0.0156,-0.1949,-0.3199,-0.3839,-18.4117,-28.7057,-33.5472,-34.625,-33.2149,-30.2343,-26.3754,-22.1082,-17.7482,-13.5125,-9.5522],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"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":"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":[40.2572,37.9261,35.7615,33.7515,32.1963,30.9977,29.1005,27.8664,26.8357,25.1522,23.589,24.5163,25.3774,26.3822,25.1991,23.7889,22.4795,21.0212,19.5569,18.1971,17.9319,19.4366,21.0872,23.0767,24.449,26.0765,28.3242,30.4114,31.7461,31.3465,30.9755,29.7137,28.2565,27.4494,26.328,25.2867,24.6234,24.0074,23.5692,23.4943,23.7428,22.2469,21.173,19.7892,18.5043,17.3112,16.3186,15.3074,14.3685,14.4212,14.508,15.6006,15.4008,14.4352,13.5016,12.6347,11.8297,11.0202,10.3953,9.7189,11.6676,13.4771,15.3037,17.24,19.2686,21.1523,21.7042,22.4133,22.5033,22.5869,22.0872,21.6232,21.627,21.6305,20.9783,20.5572,20.1663,20.0114,20.0764,20.1367,20.1928,20.2448,19.5373,18.8804,18.1912,18.1842,18.1777,18.1717,18.1661,18.1609,18.317,18.9263,19.492,23.5561,27.3299,30.8333,34.0772,37.0724,39.8484,42.4268,44.8211,47.0351,49.073,50.9424],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[16.9731,17.7675,16.6726,15.6349,14.4263,13.5678,15.8701,19.7142,19.7232,18.4589,17.5215,29.3449,28.2744,28.6622,24.5583,22.7354,21.6694,20.5046,19.8698,19.2436,23.6259,33.537,34.4628,37.0214,35.5389,36.8186,42.5107,40.2265,38.0261,33.8843,32.0714,29.52,25.7982,23.2939,24.6205,23.3703,22.17,21.3357,20.168,19.0454,17.9684,25.7727,28.9671,25.6909,24.4343,23.9041,25.2777,23.8484,22.4795,19.6832,18.599,16.1968,21.0972,24.0517,23.7491,22.2016,20.8141,19.6875,18.8679,19.0241,15.145,14.2872,13.6622,12.6676,11.8907,11.5847,15.8336,14.7737,15.8023,15.3987,17.2467,16.5907,15.4836,14.6087,15.9964,24.6527,23.3329,23.14,23.2419,21.9464,20.7036,19.6264,17.9501,16.4844,15.9992,18.026,16.9386,15.9054,15.3996,14.9889,15.1626,16.4212,15.8212,7.4968,7.4961,7.4996,7.5415,7.6212,7.6417,7.6373,7.6342,7.6757,7.7568,7.8613],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[22.0437,20.6994,19.4238,18.2149,18.3529,18.5135,17.3436,15.5452,15.0508,17.2911,16.413,13.6288,13.1316,12.447,20.1666,20.3826,19.4269,21.3689,20.0775,19.4448,17.6479,14.7185,13.8907,12.6917,14.4144,13.1951,11.4558,10.8402,12.9823,19.8356,18.7743,22.5843,31.0968,32.8064,31.1767,29.5936,30.6157,29.4635,28.9456,30.1174,31.2418,27.2577,25.07,26.633,25.3303,24.7807,23.6084,22.8389,21.528,26.6884,25.4937,29.9503,27.293,24.9749,23.1097,21.6039,20.2537,19.4925,19.7451,18.6751,32.9346,31.0692,31.1683,31.3259,31.8579,31.0379,28.6918,28.4447,25.6046,24.9507,23.6181,22.7197,24.0536,22.6945,20.567,18.1905,17.2167,16.0809,15.1995,14.3523,13.5395,12.8351,14.5858,13.3948,13.2949,12.5024,11.7482,11.0316,10.6808,10.3959,10.0357,9.4702,9.1241,56.0064,56.0008,55.9947,55.9623,55.914,55.8696,55.8662,55.8431,55.804,55.7366,55.65],"stroke":"#c13f3f","width":1.6}],"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"]}]},"canonical_url":"https://sharemaestro.com/terminal/e16677d8-7009-4b39-9861-ab5390fd3ca3/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/e16677d8-7009-4b39-9861-ab5390fd3ca3/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/e16677d8-7009-4b39-9861-ab5390fd3ca3/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/e16677d8-7009-4b39-9861-ab5390fd3ca3/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/e16677d8-7009-4b39-9861-ab5390fd3ca3/technical-pack/data.json"},"source_fingerprint":"d4e20439bc5b2987d27cccc140bb42addb51607eff2087ddd883aaf3ec2b14e4","content_hash":"e611d8d93a7cd1ca37a1113bed1f11c8835356597fd0a15bd688cc1b8237f033","citation":"Sharemaestro, TRD Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/e16677d8-7009-4b39-9861-ab5390fd3ca3/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."}