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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":0.0,"averageReturn":0.9,"sample":1},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price 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, 0.0% of comparable cases moved lower after 12 weeks, with an average move of 0.9% across 1 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 2.8% across 1 completed cases, with the largest move arriving after 12.0 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[9.8463,8.492,8.401,8.355,8.403,8.488,8.629,8.519,8.559,8.606,8.764,8.805,10.2919,8.827,8.813,8.696,8.824,8.85,8.628,8.579,8.517,8.507,8.508,8.653,8.687,8.553,8.411,8.511,8.678,8.712,8.778,8.885,8.734,8.599,8.602,8.743,8.55,8.553,8.579,8.493,8.467,8.408,8.463,8.571,8.613,8.642,8.784,8.93,8.752,8.688,8.718,8.626,8.405,8.485,8.384,8.327],"consensus":[100.0,-90.5065,0.0,16.2791,-55.7007,-10.8581,0.0,-43.9396,-8.8604,-15.1047,28.4112,20.6861,74.7694,-33.6809,-11.7914,-39.1617,0.0,0.0,-45.0157,-36.9454,-43.9402,-40.0102,-35.0439,21.19,16.6644,-30.586,-45.3284,0.0,31.0302,15.6619,43.1142,54.0283,0.0,-36.8643,-15.5094,31.5789,-50.7622,0.0,0.0,-48.505,-42.7363,-54.5732,0.0,40.9937,36.32,40.2121,45.4359,72.5723,0.0,-10.6339,23.413,-42.4407,-66.7348,0.0,-68.6989,-61.431],"supportDates":["2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,-1.0937,0.0,-66.3971,-11.5629,-28.8095,24.3492,13.3643,70.1485,-42.9615,-15.1911,-42.8859,0.0,0.0,-55.0483,-49.1213,-52.5707,-46.6174,-43.9201,23.9985,14.539,-30.3747,-57.5383,0.0,35.9852,3.3912,46.5347,59.9386,0.0,-38.7044,-12.7648,46.2225,-52.2807,0.0,0.0,-55.6763,-50.3121,-57.858,0.0,38.0502,40.9551,44.0969,26.2842,77.2541,0.0,-27.6367,38.387,-35.2638,-73.3861,0.0,-68.6524,-69.6885],"force":[-5.6663,-26.0787,0.0,-25.6752,-21.61,-19.7334,75.0852,37.6477,66.3927,-56.9327,-0.3485,-38.1483,0.0,0.0,-44.3249,-22.9197,-29.7901,-22.4623,-21.3814,48.6334,27.4409,-56.1404,-39.3843,0.0,54.0667,17.6746,37.4722,44.6713,0.0,-56.1778,-7.7388,47.9516,-73.532,0.0,0.0,-46.6672,-40.0397,-60.6542,0.0,81.6201,35.0793,32.4899,55.8109,71.1787,0.0,-26.8669,19.6801,-75.6617,-72.0039,0.0,-83.8541,-47.747],"direction":[-99.5343,-50.9008,0.0,-31.3199,-27.5365,-24.3266,0.2852,16.9384,86.0337,-6.4662,-16.0796,-35.6294,0.0,0.0,-34.0434,-33.0483,-44.1838,-44.9933,-34.6587,1.6223,11.3961,-12.5744,-35.6201,0.0,8.9126,28.2479,43.235,53.9573,0.0,-20.9659,-24.1966,3.1485,-32.7625,0.0,0.0,-41.622,-36.0042,-46.4756,0.0,15.3388,31.909,41.2882,59.9128,68.2172,0.0,-20.3928,8.9661,-26.9137,-55.3698,0.0,-57.9269,-61.7682],"intensity":[25.0,60.0,66.6667,57.1429,12.5,66.6667,60.0,72.7273,100.0,92.3077,7.1429,46.6667,50.0,41.1765,72.2222,73.6842,20.0,19.0476,31.8182,56.5217,41.6667,56.0,57.6923,33.3333,71.4286,75.8621,20.0,35.4839,62.5,54.5455,50.0,57.1429,77.7778,45.9459,13.1579,28.2051,5.0,17.0732,14.2857,39.5349,36.3636,4.4444,71.7391,68.0851,81.25,22.449,2.0,35.2941,86.5385,63.4615,40.3846,40.3846],"confirmation":[39.4988,8.3278,6.8536,81.1618,29.1423,30.4394,55.9701,75.248,91.7413,56.6784,48.706,80.4441,30.6135,24.6519,82.2311,79.2095,81.4981,80.1678,78.6624,53.2538,73.6934,78.5695,82.1379,6.1303,78.5562,50.5935,81.5725,84.9138,28.8871,80.3571,50.1014,55.7144,84.9147,3.5704,4.0952,83.3563,81.478,85.5987,31.877,82.401,79.514,80.5733,83.1475,91.1093,33.7903,30.6556,75.1502,82.7028,89.4144,32.619,90.4462,95.1151],"persistence":[0.0,16.6667,14.2857,25.0,50.0,50.0,37.5,37.5,12.5,12.5,25.0,25.0,12.5,0.0,25.0,50.0,75.0,75.0,75.0,50.0,37.5,50.0,50.0,37.5,12.5,12.5,37.5,37.5,25.0,25.0,25.0,37.5,12.5,0.0,12.5,37.5,50.0,50.0,37.5,37.5,12.5,0.0,12.5,37.5,50.0,50.0,62.5,37.5,12.5,0.0,25.0,50.0],"assessmentRisk":[21.4893,5.0621,19.8433,38.3171,20.8206,20.734,1.1976,19.9868,12.3479,32.3241,10.0822,10.3599,51.0052,0.8764,7.2811,8.6392,2.0432,6.3025,7.4295,4.315,5.7787,21.0731,14.4819,42.7234,19.4323,37.0284,28.3122,22.9489,27.2858,20.31,38.3979,57.993,20.0199,16.1226,8.1021,24.6475,10.9359,17.9553,42.4412,11.8625,27.2072,29.3595,27.2053,13.6573,43.7271,28.8549,42.9309,28.6228,16.4545,45.7182,15.3643,18.7666],"volumeParticipation":true,"latest":{"consensus":-61.4,"control":-69.7,"force":-47.7,"direction":-61.8,"confirmation":95.1,"persistence":50.0,"assessmentRisk":18.8,"intensity":40.4,"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":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-61.4","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-69.7","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-47.7","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-61.8","detail":"Downward 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}