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record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-2.5,"sample":13},{"week":2,"averageReturn":-7.7,"sample":13},{"week":3,"averageReturn":-8.8,"sample":13},{"week":4,"averageReturn":-12.5,"sample":13},{"week":5,"averageReturn":-14.4,"sample":13},{"week":6,"averageReturn":-17.5,"sample":13},{"week":7,"averageReturn":-23.1,"sample":13},{"week":8,"averageReturn":-25.4,"sample":13},{"week":9,"averageReturn":-27.2,"sample":13},{"week":10,"averageReturn":-30.3,"sample":13},{"week":11,"averageReturn":-30.9,"sample":13},{"week":12,"averageReturn":-32.2,"sample":13},{"week":13,"averageReturn":-30.7,"sample":13},{"week":14,"averageReturn":-30.9,"sample":13},{"week":15,"averageReturn":-26.4,"sample":12},{"week":16,"averageReturn":-24.4,"sample":12},{"week":17,"averageReturn":-21.0,"sample":12},{"week":18,"averageReturn":-21.6,"sample":12},{"week":19,"averageReturn":-22.4,"sample":12},{"week":20,"averageReturn":-20.2,"sample":12},{"week":21,"averageReturn":-6.3,"sample":12},{"week":22,"averageReturn":1.5,"sample":12},{"week":23,"averageReturn":-3.1,"sample":12},{"week":24,"averageReturn":7.1,"sample":12},{"week":25,"averageReturn":14.8,"sample":12},{"week":26,"averageReturn":13.3,"sample":12}]}},"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":"Evidence aligned downward","tone":"negative","headline":"Price and Market Dynamics remain aligned downward","use":"The downside remains supported until Market Dynamics repairs or price structure changes.","confirm":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"accumulation","zoneContext":"Price is within accumulation conditions, but the completed tape has not yet confirmed a recovery. The zone is a watch area rather than a directional signal.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":56.0,"averageReturn":14.7,"sample":25},"nowContext":{"label":"Slightly easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"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":"Capital protection","title":"Treat agreement on the downside as a defensive condition","tone":"negative","approach":"Reduce the burden of proof for risk control and raise it for new long exposure. A short position still needs a defined entry, exit and maximum loss.","finding":"In this ticker's completed record, 56.0% of comparable cases moved lower after 12 weeks, with an average move of 14.7% across 25 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 2 cases. Distinct visits lasted 6.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 24.9% across 23 completed cases, with the largest move arriving after 6.9 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."},{"eyebrow":"Position management","title":"Size for the path, not only the eventual long reward","tone":"positive","finding":"Across 1 completed accumulation cycles, the average gross long opportunity was 711.3%, while the average adverse move was 12.0%.","approach":"Scale exposure only as confirmation improves, and keep enough risk capacity to survive the ticker's observed adverse path.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[{"date":"2025-01-10","price":0.0558}],"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":[0.018,0.0169,0.0169,0.016,0.0158,0.0145,0.014,0.0148,0.0175,0.0165,0.0173,0.0175,0.0152,0.0195,0.033,0.0425,0.0404,0.0528,0.061,0.0718,0.0558,0.064,0.0413,0.0427,0.0416,0.0396,0.0406,0.0398,0.0396,0.0361,0.0374,0.0415,0.0425,0.0408,0.0425,0.0467,0.0486,0.0451,0.0449,0.0475,0.0425,0.0435,0.0418,0.042,0.043,0.04,0.0384,0.042,0.0372,0.0338,0.03,0.032,0.0344,0.0355,0.0337,0.0324,0.0435,0.039,0.0418,0.034,0.0321,0.0311,0.0305,0.03,0.0299,0.0289,0.027,0.0292,0.03,0.0316,0.027,0.0272,0.028,0.0295,0.024,0.0218,0.0208,0.0187,0.0198,0.022,0.0198,0.0198,0.015,0.0235,0.0255,0.032,0.032,0.027,0.0279,0.0249,0.0262,0.0211,0.0208,0.0199,0.0197,0.0174,0.0185,0.0171,0.01,0.0106,0.01,0.0099,0.0105,0.0109],"consensus":[-9.5783,-23.0272,-10.0075,-27.0667,-22.3919,-35.458,-32.487,0.0,34.0935,0.0,14.7379,0.0,-31.9038,48.6813,66.4565,80.3073,25.9225,72.3061,78.3099,74.4734,0.0,58.1082,-45.8298,0.0,-12.4321,-27.9418,0.0,-9.6922,0.0,-29.9832,0.0,17.5608,0.0,0.0,13.25,26.2963,28.6232,0.0,0.0,20.3553,-23.7549,0.0,-16.4537,-10.4773,0.0,-26.043,-21.5751,10.5674,-25.4796,-43.0576,-43.212,-13.1661,0.0,0.0,-10.738,-14.5625,48.7304,-8.3036,29.5419,-31.1576,-28.4099,-30.2858,-21.733,-20.0356,-16.4509,-16.3949,-24.8635,0.0,0.0,16.5807,-27.6797,-11.0605,0.0,0.0,-40.4599,-40.3784,-29.9612,-47.5638,-14.7291,0.0,-29.7334,-11.8721,-62.0075,37.2934,30.7811,64.1928,32.2738,-13.9758,15.5,-24.9788,0.0,-42.5439,-23.8933,-23.6593,-12.9893,-16.3972,0.0,-18.5654,-63.1384,-23.0643,-48.5393,-41.4394,-22.3749,-5.9836],"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":[0.0,0.0,-14.8836,-16.3361,40.4755,-9.82,25.3574,-39.7354,-24.4287,-33.1043,-15.8126,-19.6759,-17.5599,-16.1469,-23.0526,0.0,0.0,20.4255,-32.0398,-10.8631,0.0,0.0,-40.7217,-41.1086,-26.8254,-50.337,-8.9909,0.0,-33.2944,-16.5981,-62.6792,34.8641,26.7093,58.9856,26.341,-23.8827,12.129,-23.7649,0.0,-46.6997,-20.5115,-22.5757,-3.4241,-8.8376,0.0,-15.2197,-64.4229,-15.8122,-54.6059,-44.5717,-30.9764,-1.4746],"force":[0.0,0.0,-10.6974,-11.3616,82.503,-35.3625,39.3,-49.5166,-30.1598,-25.424,-14.1035,-13.4441,-8.4055,-8.9775,-23.5364,0.0,0.0,24.9853,-36.5346,-0.4546,0.0,0.0,-56.7836,-42.5829,-17.7145,-41.4174,-7.9732,0.0,-30.4277,-1.9446,-84.046,78.8166,39.8533,88.8683,13.7128,-47.9217,13.0624,-40.3624,0.0,-53.2237,-19.0575,-16.3262,-0.5059,-2.9093,0.0,-6.067,-70.9718,-7.0039,-29.8628,-19.9629,-1.5237,-14.9445],"direction":[0.0,0.0,-6.0292,-14.8219,34.0411,-12.7573,27.3542,-8.2408,-31.7099,-30.5375,-33.9488,-25.1549,-20.9302,-21.9764,-27.8811,0.0,0.0,6.1833,-16.372,-18.8617,0.0,0.0,-28.501,-37.9694,-42.2927,-48.7846,-37.503,0.0,-25.1678,-16.3398,-45.4982,10.4102,28.9545,52.5185,52.312,-21.5935,21.0938,-15.3779,0.0,-30.1659,-31.2125,-30.1355,-32.8378,-34.6708,0.0,-31.3166,-56.075,-52.8298,-54.9465,-53.1999,-29.6149,-26.0854],"intensity":[50.0,67.3077,30.7692,19.2308,88.4615,73.0769,40.3846,78.8462,46.1538,73.0769,53.8462,17.3077,38.4615,23.0769,32.6923,46.1538,13.4615,17.3077,69.2308,21.1538,5.7692,17.3077,84.6154,84.6154,76.9231,40.3846,11.5385,42.3077,38.4615,5.7692,78.8462,98.0769,86.5385,94.2308,65.3846,84.6154,65.3846,50.0,28.8462,84.6154,61.5385,38.4615,51.9231,36.5385,7.6923,11.5385,94.2308,3.8462,5.7692,1.9231,9.6154,5.7692],"confirmation":[29.6156,25.6928,48.7051,72.5354,84.7488,28.8469,77.8146,78.3992,77.2052,77.5003,74.8123,74.216,73.0022,73.0241,75.9435,3.4193,24.4068,50.8367,77.0609,48.5525,24.9444,25.2723,81.4407,80.9772,77.2621,82.9908,51.1432,27.7728,77.4816,49.0541,88.5038,81.2364,78.1885,89.3731,77.8523,32.6291,72.9371,76.4806,1.7213,81.8762,75.55,75.364,26.5886,50.2846,5.1119,50.9443,88.4234,53.4022,82.871,80.5584,51.9589,12.5338],"persistence":[62.5,50.0,50.0,75.0,50.0,50.0,25.0,25.0,37.5,50.0,50.0,50.0,75.0,75.0,100.0,87.5,75.0,50.0,50.0,50.0,37.5,25.0,25.0,37.5,50.0,75.0,75.0,62.5,75.0,87.5,87.5,62.5,37.5,12.5,12.5,0.0,25.0,25.0,37.5,12.5,12.5,37.5,62.5,62.5,75.0,75.0,87.5,87.5,87.5,87.5,87.5,75.0],"assessmentRisk":[41.2381,26.1822,50.2176,16.0811,24.5454,38.5459,33.1508,31.5023,35.1185,32.12,38.5876,26.9123,16.3468,16.2276,22.1467,9.6089,1.8424,29.6722,13.8399,26.7896,38.4057,43.8313,23.4299,29.0496,34.8654,26.2105,40.2729,1.8867,4.8239,27.2995,17.0656,2.2621,31.2042,17.727,33.8489,43.3479,20.6289,35.1311,42.9917,23.5356,35.2239,30.514,40.0136,29.3482,31.2674,28.4513,18.377,37.9365,25.6412,29.0541,21.5815,10.511],"volumeParticipation":true,"latest":{"consensus":-6.0,"control":-1.5,"force":-14.9,"direction":-26.1,"confirmation":12.5,"persistence":75.0,"assessmentRisk":10.5,"intensity":5.8,"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":"Control support is limited","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-6.0","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-1.5","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-14.9","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-26.1","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"13/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"34.0","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"42.1%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"26.2","detail":"Directional","tone":"positive"},{"label":"Range position","value":"6%","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 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