{"schema_version":"1.0","name":"BP16 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"e40ab101-2472-44d0-b50b-75c3b704ea86","symbol":"BP16","name":"BNP EURO STOXX 50 UCITS","exchange":"VIE","country":"AT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","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, Acceleration, deceleration and rollover, Range position and boundary pressure, Directional strength and control, Range pressure and compression."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":60,"displayedObservations":60,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","evidenceAlignment":{"status":"Evidence aligned","headline":"Upward price structure retains strong Market Dynamics support","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","take":"The advance remains supported. Reclassify it only if the broader Market Dynamics path weakens or price structure breaks.","tone":"positive","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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"],"values":[1.127235,1.493532,1.492228,1.506774,1.490269,1.539983,1.619149,1.158303,0.609986,0.045113,-0.519785,-0.563302,-0.480772,-0.369369,-0.333541,-0.272166,-0.224878,-0.243709,-0.086259,0.116906,0.277639,0.576193,0.775112,0.866487,1.049047,1.041406,0.941286,0.870536,0.790797,0.883184,1.055126,1.195923],"opens":[19.334,19.129999,19.143999,19.166,19.393999,19.402,19.752001,19.424,18.134001,18.306,17.408001,17.854,18.535999,18.983999,19.378,19.098,18.993999,19.25,19.048,19.958,20.004999,20.290001,20.815001,20.450001,20.945,20.610001,20.445,20.545,20.940001,21.135,21.525,21.530001],"highs":[19.507999,19.261999,19.368,19.493999,19.632,19.774,20.01,19.424,18.82,18.784,18.323999,18.483999,19.247999,19.624001,19.52,19.219999,19.73,19.417999,19.771999,20.115,20.055,20.299999,20.815001,20.450001,21.09,20.655001,20.504999,20.805,21.094999,21.559999,21.635,21.530001],"lows":[19.334,18.836,19.002001,19.048,19.296,19.33,19.708,18.302,18.106001,17.698,17.408001,17.804001,18.184,18.983999,19.004,18.771999,18.746,18.996,19.007999,19.827999,19.93,20.215,20.715,20.370001,20.945,20.605,20.445,20.385,20.57,21.094999,21.504999,21.184999],"closes":[19.426001,19.164,19.172001,19.348,19.337999,19.774,19.848,18.445999,18.444,17.698,17.77,18.351999,19.191999,19.624001,19.09,19.129999,19.266001,19.063999,19.76,19.875999,19.93,20.299999,20.715,20.370001,21.09,20.615,20.504999,20.665001,20.895,21.5,21.535,21.26],"hoverRows":[[{"label":"Open","value":"19.3","className":"is-ohlc","compact":true},{"label":"High","value":"19.5","className":"is-ohlc","compact":true},{"label":"Low","value":"19.3","className":"is-ohlc","compact":true},{"label":"Close","value":"19.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.13","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.1","className":"is-ohlc","compact":true},{"label":"High","value":"19.3","className":"is-ohlc","compact":true},{"label":"Low","value":"18.8","className":"is-ohlc","compact":true},{"label":"Close","value":"19.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.49","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.1","className":"is-ohlc","compact":true},{"label":"High","value":"19.4","className":"is-ohlc","compact":true},{"label":"Low","value":"19.0","className":"is-ohlc","compact":true},{"label":"Close","value":"19.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.49","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.2","className":"is-ohlc","compact":true},{"label":"High","value":"19.5","className":"is-ohlc","compact":true},{"label":"Low","value":"19.0","className":"is-ohlc","compact":true},{"label":"Close","value":"19.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.51","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.4","className":"is-ohlc","compact":true},{"label":"High","value":"19.6","className":"is-ohlc","compact":true},{"label":"Low","value":"19.3","className":"is-ohlc","compact":true},{"label":"Close","value":"19.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.49","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.4","className":"is-ohlc","compact":true},{"label":"High","value":"19.8","className":"is-ohlc","compact":true},{"label":"Low","value":"19.3","className":"is-ohlc","compact":true},{"label":"Close","value":"19.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.54","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"19.8","className":"is-ohlc","compact":true},{"label":"High","value":"20.0","className":"is-ohlc","compact":true},{"label":"Low","value":"19.7","className":"is-ohlc","compact":true},{"label":"Close","value":"19.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.62","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"19.4","className":"is-ohlc","compact":true},{"label":"High","value":"19.4","className":"is-ohlc","compact":true},{"label":"Low","value":"18.3","className":"is-ohlc","compact":true},{"label":"Close","value":"18.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.16","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.1","className":"is-ohlc","compact":true},{"label":"High","value":"18.8","className":"is-ohlc","compact":true},{"label":"Low","value":"18.1","className":"is-ohlc","compact":true},{"label":"Close","value":"18.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.61","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.3","className":"is-ohlc","compact":true},{"label":"High","value":"18.8","className":"is-ohlc","compact":true},{"label":"Low","value":"17.7","className":"is-ohlc","compact":true},{"label":"Close","value":"17.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.05","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17.4","className":"is-ohlc","compact":true},{"label":"High","value":"18.3","className":"is-ohlc","compact":true},{"label":"Low","value":"17.4","className":"is-ohlc","compact":true},{"label":"Close","value":"17.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.52","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17.9","className":"is-ohlc","compact":true},{"label":"High","value":"18.5","className":"is-ohlc","compact":true},{"label":"Low","value":"17.8","className":"is-ohlc","compact":true},{"label":"Close","value":"18.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.56","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.5","className":"is-ohlc","compact":true},{"label":"High","value":"19.2","className":"is-ohlc","compact":true},{"label":"Low","value":"18.2","className":"is-ohlc","compact":true},{"label":"Close","value":"19.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.48","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.0","className":"is-ohlc","compact":true},{"label":"High","value":"19.6","className":"is-ohlc","compact":true},{"label":"Low","value":"19.0","className":"is-ohlc","compact":true},{"label":"Close","value":"19.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.37","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"19.4","className":"is-ohlc","compact":true},{"label":"High","value":"19.5","className":"is-ohlc","compact":true},{"label":"Low","value":"19.0","className":"is-ohlc","compact":true},{"label":"Close","value":"19.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.33","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"19.1","className":"is-ohlc","compact":true},{"label":"High","value":"19.2","className":"is-ohlc","compact":true},{"label":"Low","value":"18.8","className":"is-ohlc","compact":true},{"label":"Close","value":"19.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.27","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.0","className":"is-ohlc","compact":true},{"label":"High","value":"19.7","className":"is-ohlc","compact":true},{"label":"Low","value":"18.7","className":"is-ohlc","compact":true},{"label":"Close","value":"19.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.22","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.2","className":"is-ohlc","compact":true},{"label":"High","value":"19.4","className":"is-ohlc","compact":true},{"label":"Low","value":"19.0","className":"is-ohlc","compact":true},{"label":"Close","value":"19.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.24","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.0","className":"is-ohlc","compact":true},{"label":"High","value":"19.8","className":"is-ohlc","compact":true},{"label":"Low","value":"19.0","className":"is-ohlc","compact":true},{"label":"Close","value":"19.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.09","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.0","className":"is-ohlc","compact":true},{"label":"High","value":"20.1","className":"is-ohlc","compact":true},{"label":"Low","value":"19.8","className":"is-ohlc","compact":true},{"label":"Close","value":"19.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.12","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"20.0","className":"is-ohlc","compact":true},{"label":"High","value":"20.1","className":"is-ohlc","compact":true},{"label":"Low","value":"19.9","className":"is-ohlc","compact":true},{"label":"Close","value":"19.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.28","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.3","className":"is-ohlc","compact":true},{"label":"High","value":"20.3","className":"is-ohlc","compact":true},{"label":"Low","value":"20.2","className":"is-ohlc","compact":true},{"label":"Close","value":"20.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.58","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"20.8","className":"is-ohlc","compact":true},{"label":"High","value":"20.8","className":"is-ohlc","compact":true},{"label":"Low","value":"20.7","className":"is-ohlc","compact":true},{"label":"Close","value":"20.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.78","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.5","className":"is-ohlc","compact":true},{"label":"High","value":"20.5","className":"is-ohlc","compact":true},{"label":"Low","value":"20.4","className":"is-ohlc","compact":true},{"label":"Close","value":"20.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.87","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.9","className":"is-ohlc","compact":true},{"label":"High","value":"21.1","className":"is-ohlc","compact":true},{"label":"Low","value":"20.9","className":"is-ohlc","compact":true},{"label":"Close","value":"21.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.05","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.6","className":"is-ohlc","compact":true},{"label":"High","value":"20.7","className":"is-ohlc","compact":true},{"label":"Low","value":"20.6","className":"is-ohlc","compact":true},{"label":"Close","value":"20.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.04","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"20.4","className":"is-ohlc","compact":true},{"label":"High","value":"20.5","className":"is-ohlc","compact":true},{"label":"Low","value":"20.4","className":"is-ohlc","compact":true},{"label":"Close","value":"20.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.94","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.5","className":"is-ohlc","compact":true},{"label":"High","value":"20.8","className":"is-ohlc","compact":true},{"label":"Low","value":"20.4","className":"is-ohlc","compact":true},{"label":"Close","value":"20.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.87","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.9","className":"is-ohlc","compact":true},{"label":"High","value":"21.1","className":"is-ohlc","compact":true},{"label":"Low","value":"20.6","className":"is-ohlc","compact":true},{"label":"Close","value":"20.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.79","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.1","className":"is-ohlc","compact":true},{"label":"High","value":"21.6","className":"is-ohlc","compact":true},{"label":"Low","value":"21.1","className":"is-ohlc","compact":true},{"label":"Close","value":"21.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.88","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.5","className":"is-ohlc","compact":true},{"label":"High","value":"21.6","className":"is-ohlc","compact":true},{"label":"Low","value":"21.5","className":"is-ohlc","compact":true},{"label":"Close","value":"21.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.06","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.5","className":"is-ohlc","compact":true},{"label":"High","value":"21.5","className":"is-ohlc","compact":true},{"label":"Low","value":"21.2","className":"is-ohlc","compact":true},{"label":"Close","value":"21.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.20","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[17.46778,21.76522],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":1.195923,"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":"Extended but supported","detail":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","tone":"caution"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","annotations":[{"label":"Current tape relationship","value":"Extended but supported","detail":"Market Dynamics strengthened this week and remains positive.","tone":"caution"},{"label":"Price location","value":"Distribution zone","detail":"Price is extended; support can persist, but rollover risk must be monitored.","tone":"caution"},{"label":"Latest positioning marker","value":"29 May 2026","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":"2026-08-21","observations":32,"relationship":{"sameWeekCorrelation":0.45,"forwardCorrelation":-0.56,"directionalAgreement":44.4,"sample":27,"correlationSample":31,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":2.0,"medianWeeksInZone":2,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":10.9,"averageReturn":10.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":14.7,"averageReturn":14.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.4,"sample":1},{"week":2,"averageReturn":3.7,"sample":1},{"week":3,"averageReturn":8.4,"sample":1},{"week":4,"averageReturn":10.9,"sample":1},{"week":5,"averageReturn":7.9,"sample":1},{"week":6,"averageReturn":8.1,"sample":1},{"week":7,"averageReturn":8.9,"sample":1},{"week":8,"averageReturn":7.7,"sample":1},{"week":9,"averageReturn":11.7,"sample":1},{"week":10,"averageReturn":12.3,"sample":1},{"week":11,"averageReturn":12.6,"sample":1},{"week":12,"averageReturn":14.7,"sample":1},{"week":13,"averageReturn":17.0,"sample":1},{"week":14,"averageReturn":15.1,"sample":1},{"week":15,"averageReturn":19.2,"sample":1},{"week":16,"averageReturn":16.5,"sample":1},{"week":17,"averageReturn":15.9,"sample":1},{"week":18,"averageReturn":16.8,"sample":1},{"week":19,"averageReturn":18.1,"sample":1},{"week":20,"averageReturn":21.5,"sample":1},{"week":21,"averageReturn":21.7,"sample":1},{"week":22,"averageReturn":20.1,"sample":1},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"averageWeeksToLower":2.0,"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,"averageReturn":0.2,"sample":1},{"week":2,"averageReturn":-1.1,"sample":1},{"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}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":4,"completedEpisodes":2,"activeEpisodes":2,"medianExpectedMove":4.4,"averageExpectedMove":4.4,"averageWeeksToLargestMove":6.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"averageReturn":-1.7,"medianReturn":2.5,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":1.7,"medianReturn":1.7,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":7.5,"medianReturn":7.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.5,"sample":4},{"week":2,"averageReturn":-0.4,"sample":4},{"week":3,"averageReturn":0.6,"sample":3},{"week":4,"averageReturn":-1.7,"sample":3},{"week":5,"averageReturn":-2.0,"sample":2},{"week":6,"averageReturn":-1.7,"sample":2},{"week":7,"averageReturn":0.1,"sample":2},{"week":8,"averageReturn":1.6,"sample":2},{"week":9,"averageReturn":0.8,"sample":2},{"week":10,"averageReturn":2.5,"sample":2},{"week":11,"averageReturn":2.9,"sample":2},{"week":12,"averageReturn":1.7,"sample":2},{"week":13,"averageReturn":-0.1,"sample":1},{"week":14,"averageReturn":0.5,"sample":1},{"week":15,"averageReturn":0.8,"sample":1},{"week":16,"averageReturn":2.7,"sample":1},{"week":17,"averageReturn":4.8,"sample":1},{"week":18,"averageReturn":3.0,"sample":1},{"week":19,"averageReturn":6.7,"sample":1},{"week":20,"averageReturn":4.3,"sample":1},{"week":21,"averageReturn":3.7,"sample":1},{"week":22,"averageReturn":4.5,"sample":1},{"week":23,"averageReturn":5.7,"sample":1},{"week":24,"averageReturn":8.7,"sample":1},{"week":25,"averageReturn":8.9,"sample":1},{"week":26,"averageReturn":7.5,"sample":1}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":3.5,"averageExpectedMove":3.5,"averageWeeksToLargestMove":1.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":7.0,"medianReturn":7.0,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":14.7,"medianReturn":14.7,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.5,"sample":2},{"week":2,"averageReturn":6.1,"sample":2},{"week":3,"averageReturn":7.5,"sample":2},{"week":4,"averageReturn":7.0,"sample":2},{"week":5,"averageReturn":8.2,"sample":2},{"week":6,"averageReturn":7.6,"sample":2},{"week":7,"averageReturn":9.0,"sample":2},{"week":8,"averageReturn":9.7,"sample":2},{"week":9,"averageReturn":9.7,"sample":2},{"week":10,"averageReturn":10.3,"sample":2},{"week":11,"averageReturn":11.9,"sample":2},{"week":12,"averageReturn":14.7,"sample":2},{"week":13,"averageReturn":13.8,"sample":2},{"week":14,"averageReturn":15.1,"sample":2},{"week":15,"averageReturn":16.0,"sample":1},{"week":16,"averageReturn":15.4,"sample":1},{"week":17,"averageReturn":16.3,"sample":1},{"week":18,"averageReturn":17.6,"sample":1},{"week":19,"averageReturn":21.0,"sample":1},{"week":20,"averageReturn":21.2,"sample":1},{"week":21,"averageReturn":19.6,"sample":1},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":0.6,"averageExpectedMove":0.6,"averageWeeksToLargestMove":3.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":2.6,"medianReturn":2.6,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":9.4,"medianReturn":9.4,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.4,"sample":2},{"week":2,"averageReturn":0.2,"sample":2},{"week":3,"averageReturn":1.2,"sample":2},{"week":4,"averageReturn":2.6,"sample":2},{"week":5,"averageReturn":1.2,"sample":2},{"week":6,"averageReturn":4.8,"sample":2},{"week":7,"averageReturn":3.9,"sample":2},{"week":8,"averageReturn":3.8,"sample":2},{"week":9,"averageReturn":5.2,"sample":2},{"week":10,"averageReturn":6.8,"sample":2},{"week":11,"averageReturn":7.5,"sample":2},{"week":12,"averageReturn":9.4,"sample":2},{"week":13,"averageReturn":7.5,"sample":2},{"week":14,"averageReturn":6.8,"sample":1},{"week":15,"averageReturn":7.7,"sample":1},{"week":16,"averageReturn":8.9,"sample":1},{"week":17,"averageReturn":12.0,"sample":1},{"week":18,"averageReturn":12.2,"sample":1},{"week":19,"averageReturn":10.8,"sample":1},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":4,"completedEpisodes":2,"activeEpisodes":2,"medianExpectedMove":5.2,"averageExpectedMove":5.2,"averageWeeksToLargestMove":7.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":1,"expectedPercent":33.3,"averageReturn":-0.0,"medianReturn":-0.5,"confidenceLow":6.1,"confidenceHigh":79.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":3.7,"medianReturn":3.7,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":11.4,"medianReturn":11.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.5,"sample":4},{"week":2,"averageReturn":0.9,"sample":4},{"week":3,"averageReturn":-0.4,"sample":4},{"week":4,"averageReturn":-0.0,"sample":3},{"week":5,"averageReturn":-0.3,"sample":3},{"week":6,"averageReturn":-0.9,"sample":2},{"week":7,"averageReturn":-0.8,"sample":2},{"week":8,"averageReturn":1.5,"sample":2},{"week":9,"averageReturn":3.0,"sample":2},{"week":10,"averageReturn":1.0,"sample":2},{"week":11,"averageReturn":3.0,"sample":2},{"week":12,"averageReturn":3.7,"sample":2},{"week":13,"averageReturn":3.3,"sample":2},{"week":14,"averageReturn":6.1,"sample":2},{"week":15,"averageReturn":7.5,"sample":2},{"week":16,"averageReturn":6.7,"sample":2},{"week":17,"averageReturn":9.7,"sample":2},{"week":18,"averageReturn":9.4,"sample":2},{"week":19,"averageReturn":8.2,"sample":2},{"week":20,"averageReturn":10.5,"sample":2},{"week":21,"averageReturn":9.9,"sample":2},{"week":22,"averageReturn":11.3,"sample":2},{"week":23,"averageReturn":11.8,"sample":2},{"week":24,"averageReturn":11.7,"sample":2},{"week":25,"averageReturn":11.2,"sample":1},{"week":26,"averageReturn":11.4,"sample":1}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":6.7,"averageExpectedMove":6.7,"averageWeeksToLargestMove":4.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"averageReturn":-3.9,"medianReturn":-2.9,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":0.7,"medianReturn":0.7,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":7.5,"medianReturn":7.5,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.1,"sample":3},{"week":2,"averageReturn":-3.0,"sample":3},{"week":3,"averageReturn":-1.6,"sample":3},{"week":4,"averageReturn":-3.9,"sample":3},{"week":5,"averageReturn":-2.8,"sample":3},{"week":6,"averageReturn":-1.4,"sample":3},{"week":7,"averageReturn":0.5,"sample":3},{"week":8,"averageReturn":2.9,"sample":3},{"week":9,"averageReturn":2.7,"sample":3},{"week":10,"averageReturn":1.8,"sample":3},{"week":11,"averageReturn":2.5,"sample":2},{"week":12,"averageReturn":0.7,"sample":2},{"week":13,"averageReturn":2.2,"sample":2},{"week":14,"averageReturn":2.9,"sample":2},{"week":15,"averageReturn":3.6,"sample":2},{"week":16,"averageReturn":6.1,"sample":2},{"week":17,"averageReturn":7.2,"sample":2},{"week":18,"averageReturn":5.7,"sample":2},{"week":19,"averageReturn":6.7,"sample":1},{"week":20,"averageReturn":4.3,"sample":1},{"week":21,"averageReturn":3.7,"sample":1},{"week":22,"averageReturn":4.5,"sample":1},{"week":23,"averageReturn":5.7,"sample":1},{"week":24,"averageReturn":8.7,"sample":1},{"week":25,"averageReturn":8.9,"sample":1},{"week":26,"averageReturn":7.5,"sample":1}]},"currentApplication":{"status":"Evidence aligned","tone":"positive","headline":"Price and Market Dynamics remain aligned upward","use":"The advance retains underlying support while price structure and Market Dynamics remain intact.","confirm":"The advance remains supported. Reclassify it only if the broader Market Dynamics path weakens or price structure breaks.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"distribution","zoneContext":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":50.0,"averageReturn":1.7,"sample":2},"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 structure is upward","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":"Trend participation","title":"Let confirmation support the position, then manage extension","tone":"positive","approach":"This is most useful for holding or selectively adding to an established upward case. Risk should still tighten as price becomes extended; confirmation is support, not immunity from reversal.","finding":"In this ticker's completed record, 50.0% of comparable cases moved higher after 12 weeks, with an average move of 1.7% across 2 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 0.6% across 2 completed cases, with the largest move arriving after 3.0 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2026-05-29","price":19.875999}],"reversal_warnings":[{"date":"2026-02-20","price":19.774},{"date":"2026-04-17","price":19.624001},{"date":"2026-06-12","price":20.299999}],"reversal_dangers":[{"date":"2026-02-27","price":19.848},{"date":"2026-04-24","price":19.09},{"date":"2026-07-10","price":20.615}]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[16.96,17.258,17.192,17.186,16.598,17.128,17.532,17.638,17.182,17.188,17.296,17.53,17.684,18.17,18.07,18.034,18.236,18.214,17.91,18.318,17.746,18.26,18.446,18.444,18.58,18.526,18.854,19.32,19.426,19.164,19.172,19.348,19.338,19.774,19.848,18.446,18.444,17.698,17.77,18.352,19.192,19.624,19.09,19.13,19.266,19.064,19.76,19.876,19.93,20.3,20.715,20.37,21.09,20.615,20.505,20.665,20.895,21.5,21.535,21.26],"consensus":[87.4938,0.0,0.0,42.6763,-99.2409,40.6742,80.6539,76.5336,-20.3474,0.0,26.2691,43.4087,72.6841,85.6632,29.2038,48.7108,62.9513,12.4716,-28.4785,47.6834,-49.3919,55.2611,57.0063,19.1292,56.1843,29.1031,70.5843,79.8536,52.2355,31.6647,32.613,43.6021,8.8097,75.454,44.9298,-64.3213,-25.5536,-74.5903,-31.3464,13.8283,55.5087,64.2643,0.0,26.8091,20.2861,-20.8818,62.301,25.204,18.5381,61.8273,35.3985,0.0,72.862,0.0,24.9432,37.7949,27.5292,70.0269,33.0966,10.1261],"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":[-38.7865,0.0,43.1711,54.0118,69.9179,83.9402,11.5012,37.2097,62.2422,7.2917,-28.3298,44.117,-43.9001,61.2307,56.4527,16.2931,56.9228,27.1126,74.7481,85.4862,47.3185,23.8596,27.3331,50.3541,10.8775,80.0192,39.5,-56.4785,-15.2692,-71.0311,-20.7283,22.1951,52.1607,66.1608,0.0,20.9913,20.5557,-14.8048,62.4237,16.3768,6.4859,65.9675,23.6276,0.0,77.9931,0.0,39.649,37.8125,38.0473,73.5769,23.0517,1.6567],"force":[-61.4377,0.0,35.5298,45.4158,77.0594,93.648,10.9043,33.6613,61.2313,27.1829,-82.4086,45.7226,-90.3311,77.5025,63.3717,5.402,56.2374,9.1089,82.7277,89.4362,37.9714,5.6681,14.6678,37.696,24.4311,87.7725,30.1723,-93.6586,-4.3167,-92.4602,-2.7915,56.5747,86.8544,81.0162,0.0,31.6514,21.8166,-46.5877,84.74,6.1409,4.5909,60.5222,17.0632,0.0,76.7941,0.0,7.7577,33.3716,12.1874,77.5733,9.8947,27.9684],"direction":[-30.0759,0.0,0.3377,29.8574,72.7202,81.9289,78.0841,72.6045,64.9902,46.7162,-9.873,53.1599,-26.426,32.5521,53.0924,39.8926,55.3022,45.6594,57.1517,66.5716,68.0435,59.1537,51.4651,40.1043,30.1901,61.4376,61.6763,-52.3293,-52.4765,-65.8938,-63.8778,26.267,36.9452,50.1312,0.0,29.9991,18.885,-9.4655,46.1331,48.9089,48.8328,58.0278,61.9477,0.0,64.1892,0.0,20.4119,40.9343,26.467,60.5794,61.1494,50.8025],"intensity":[62.5,44.4444,20.0,36.3636,33.3333,84.6154,57.1429,60.0,68.75,17.6471,38.8889,68.4211,95.0,76.1905,54.5455,26.087,8.3333,20.0,50.0,81.4815,42.8571,75.8621,20.0,22.5806,34.375,69.697,61.7647,100.0,97.2222,97.2973,71.0526,89.7436,97.5,95.122,78.5714,30.2326,68.1818,35.5556,91.3043,95.7447,2.0833,44.898,70.0,43.1373,90.3846,63.4615,11.5385,26.9231,25.0,86.5385,55.7692,34.6154],"confirmation":[36.5653,47.7934,53.7641,81.7904,91.4344,95.6818,33.3856,83.3041,88.1028,8.6604,35.5319,83.2533,85.1368,86.2704,86.4445,51.9027,85.9693,76.734,90.8936,93.7594,84.3556,54.7927,77.9697,81.6698,29.6532,92.4511,82.0105,89.5964,53.02,92.4678,54.6557,33.8706,86.7691,89.0462,31.6781,76.8151,74.5341,75.5582,88.6183,52.9522,29.057,87.6819,78.9481,9.6709,91.3575,8.116,52.5673,79.9593,76.1815,90.5845,78.0369,16.5789],"persistence":[25.0,25.0,37.5,37.5,62.5,62.5,62.5,62.5,87.5,100.0,75.0,75.0,50.0,50.0,50.0,50.0,50.0,50.0,75.0,75.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,50.0,25.0,0.0,0.0,0.0,0.0,12.5,12.5,37.5,37.5,62.5,62.5,62.5,62.5,75.0,62.5,62.5,75.0,75.0,75.0,75.0,75.0,75.0,87.5],"assessmentRisk":[56.0862,4.7817,43.6908,37.8817,9.9073,6.9603,34.6567,21.7174,15.5575,2.3269,14.0836,16.8473,21.6206,19.9251,18.8803,10.429,21.5591,21.2158,9.4843,9.795,23.5578,32.5739,22.3789,16.9822,19.7355,11.8832,27.4384,16.0752,35.3962,12.6846,34.3063,16.0413,16.1769,17.7673,51.57,30.3831,3.7142,27.0901,9.3498,29.8654,36.1944,18.7267,31.8013,39.3644,13.2549,29.1314,37.0932,15.5508,39.1179,14.1496,33.1384,41.8525],"volumeParticipation":false,"latest":{"consensus":10.1,"control":1.7,"force":28.0,"direction":50.8,"confirmation":16.6,"persistence":87.5,"assessmentRisk":41.9,"intensity":34.6,"evidenceDepth":100},"analysis":{"status":"Joint upward confirmation","headline":"The gauges support the upward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same upward assessment.","take":"Current assessment: upward pressure has broad support.","tone":"positive","supportedView":"Price structure and Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Upward commitment","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Established","confirmationState":"Limited support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+10.1","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+1.7","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+28.0","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+50.8","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"17/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"65.1","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"2.3%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"28.0","detail":"Directional","tone":"positive"},{"label":"Range position","value":"91%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned upward.","series":[{"label":"Close","values":[16.96,17.258,17.192,17.186,16.598,17.128,17.532,17.638,17.182,17.188,17.296,17.53,17.684,18.17,18.07,18.034,18.236,18.214,17.91,18.318,17.746,18.26,18.446,18.444,18.58,18.526,18.854,19.32,19.426,19.164,19.172,19.348,19.338,19.774,19.848,18.446,18.444,17.698,17.77,18.352,19.192,19.624,19.09,19.13,19.266,19.064,19.76,19.876,19.93,20.3,20.715,20.37,21.09,20.615,20.505,20.665,20.895,21.5,21.535,21.26],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,16.9857,17.0116,17.1062,17.2029,17.1991,17.1971,17.2151,17.2723,17.3472,17.4968,17.601,17.6797,17.7809,17.8596,17.8688,17.9505,17.9133,17.9763,18.0617,18.1312,18.2128,18.2698,18.376,18.5476,18.7073,18.7904,18.8597,18.9485,19.0193,19.1565,19.2823,19.1302,19.0055,18.7677,18.5863,18.5437,18.6616,18.8366,18.8827,18.9276,18.9891,19.0028,19.1404,19.2742,19.3934,19.5582,19.7686,19.8779,20.0983,20.1922,20.2491,20.3247,20.4284,20.6232,20.789,20.8747],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,17.179,17.2524,17.313,17.3664,17.4308,17.4888,17.52,17.5791,17.5915,17.641,17.7006,17.7557,17.8168,17.8693,17.9422,18.0443,18.1466,18.222,18.2924,18.3706,18.4422,18.5409,18.6377,18.6235,18.6102,18.5426,18.4854,18.4755,18.5286,18.6097,18.6453,18.6812,18.7245,18.7497,18.8245,18.9024,18.9785,19.0764,19.1978,19.2846,19.4183,19.507,19.5809,19.6612,19.7526,19.882,20.0045,20.0975],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,17.7264,17.7151,17.754,17.8245,18.0431,18.1618,18.2423,18.3539,18.4363,18.4506,18.5306,18.5312,18.6087,18.7055,18.7849,18.7835,18.8257,18.953,19.1776,19.3496,19.4181,19.4689,19.5558,19.6303,19.8132,19.9783,19.9637,19.9589,20.0019,20.0151,20.0146,20.0129,20.101,20.1186,20.1355,20.1641,20.1719,20.2585,20.3339,20.4049,20.5616,20.7931,20.9197,21.1858,21.3,21.3835,21.5032,21.6348,21.7483,21.7993,21.8259],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,16.646,16.6773,16.694,16.6943,16.6057,16.5864,16.5885,16.5733,16.5743,16.6026,16.6018,16.6798,16.7025,16.7311,16.7775,16.9771,17.0747,17.0796,17.0232,17.0756,17.2047,17.3415,17.4364,17.5273,17.5048,17.5175,17.5733,17.5989,17.5043,17.4771,17.481,17.6273,17.6756,17.7224,17.7741,17.8141,17.8601,17.8641,17.8443,17.8237,17.7806,17.7034,17.679,17.5881,17.558,17.5402,17.6424,17.7559,18.0226,18.3481,18.6123],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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","2026-08-21"]},{"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":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-10.5103,-9.2792,-9.8862,-8.3722,-8.6811,-7.4459,-7.3527,-8.098,-7.6402],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-08-21"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,0.135,0.1933,0.2288,0.2511,0.2818,0.301,0.2883,0.3076,0.2736,0.2848,0.3052,0.3175,0.3345,0.3396,0.3659,0.4195,0.4652,0.4748,0.4775,0.4883,0.4903,0.5211,0.5452,0.446,0.3631,0.2345,0.1368,0.1051,0.1461,0.211,0.2168,0.2221,0.2346,0.2256,0.2715,0.3136,0.3473,0.3993,0.4686,0.49,0.5586,0.5682,0.5604,0.5606,0.5728,0.6241,0.6599,0.6585],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.2009,0.2209,0.2344,0.249,0.2539,0.2601,0.2691,0.2788,0.2899,0.2999,0.3131,0.3344,0.3605,0.3834,0.4022,0.4194,0.4336,0.4511,0.4699,0.4651,0.4447,0.4027,0.3495,0.3006,0.2697,0.258,0.2497,0.2442,0.2423,0.239,0.2455,0.2591,0.2767,0.3013,0.3347,0.3658,0.4044,0.4371,0.4618,0.4815,0.4998,0.5246,0.5517,0.5731],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0809,0.08,0.0539,0.0585,0.0196,0.0247,0.0361,0.0387,0.0445,0.0397,0.0528,0.0851,0.1047,0.0914,0.0753,0.0688,0.0567,0.07,0.0753,-0.0191,-0.0816,-0.1682,-0.2127,-0.1955,-0.1236,-0.047,-0.0329,-0.0221,-0.0077,-0.0134,0.026,0.0545,0.0706,0.0981,0.1339,0.1242,0.1543,0.131,0.0986,0.0791,0.073,0.0994,0.1082,0.0855],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-08-21"]},{"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":[null,null,null,null,null,null,null,100.0,56.1538,56.7308,67.1154,89.6155,100.0,97.157,90.9765,88.7515,96.9231,88.4026,71.7724,83.3333,55.6201,80.5232,89.5348,89.4379,96.0271,93.4108,99.7347,100.0,97.1822,88.1787,87.6653,93.5949,88.7871,100.0,94.6,45.3528,43.5879,9.8987,13.9123,36.2797,68.5626,85.1653,64.6426,66.1798,71.4066,63.6433,90.392,91.171,93.1659,100.0,97.0648,86.9387,100.0,87.0994,84.1119,88.4574,94.5756,98.5549,97.6343,91.1285],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,0.0,-2.5853,-2.5513,-1.939,-0.6123,0.0,-0.2525,-0.8015,-0.9991,-0.2843,-1.1505,-2.8004,-1.8433,-4.9084,-2.1541,-1.1574,-1.1682,-0.4394,-0.7288,-0.0318,0.0,-0.4203,-1.7634,-1.7224,-0.8202,-1.4976,0.0,-0.8096,-7.8161,-7.8261,-11.5542,-11.1944,-8.2859,-4.088,-1.929,-4.5977,-4.3978,-3.7181,-4.7276,-1.2494,-1.1882,-0.9197,0.0,-0.4804,-2.1379,0.0,-2.2523,-2.7738,-2.0152,-0.9481,-0.2783,-0.4622,-1.7333],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,6.2658,3.5185,3.5546,4.2053,5.6151,6.543,9.471,8.8685,8.6516,9.8687,9.7361,7.9046,10.3627,6.9165,10.0133,11.1339,11.1218,11.9412,11.6159,13.592,16.3996,17.0382,15.4597,14.2278,13.7449,13.6861,16.2493,16.6843,7.5694,7.021,1.4561,2.0795,5.4228,10.2481,12.7298,9.6622,9.892,10.6733,9.5129,13.511,14.1774,14.4876,16.613,18.997,17.0152,21.1512,18.4226,17.7907,18.7098,20.031,23.5064,23.7075,22.1278],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-08-21"]},{"key":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,29.3453,30.0437,30.9993,30.1687,29.6107,29.3434,29.3634,29.6492,30.3281,28.9223,27.9424,27.6537,27.7814,27.5166,25.7132,24.337,23.059,21.4353,20.7803,20.172,20.1582,20.6258,21.06,21.8039,23.1233,23.4989,24.5886,24.842,24.7356,25.0206,25.6315,26.6975,27.7635,27.9834],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,41.0861,39.4901,34.2448,35.7251,37.3162,33.1031,35.0779,30.2458,27.2797,30.5209,31.7139,29.9265,29.2839,33.8155,40.4098,42.9293,37.5619,36.8989,36.1044,36.449,36.0477,38.6471,28.8323,25.5989,21.6263,18.9544,19.279,26.1618,28.7116,26.5448,25.0724,28.1759,26.7433,28.5103,31.4514,30.7308,32.4528,37.033,35.3059,40.3895,37.7887,36.892,38.943,40.1493,42.8802,43.1294,40.8854],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,14.8959,14.3173,22.8519,21.2313,19.8692,25.3678,20.8326,28.4709,25.3599,23.4359,22.0261,21.9553,21.4839,19.6826,17.6826,16.935,25.371,23.4152,21.264,19.7891,18.0111,16.899,35.7036,34.7781,35.2112,34.7724,31.505,27.3766,25.2346,23.3303,24.9086,22.0196,20.9,19.015,18.1939,17.7771,16.9144,15.7675,19.6958,17.8272,21.1934,22.9238,21.5625,19.9663,18.1351,17.7786,21.6104],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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","2026-08-21"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,1.3618,1.3229,1.4194,1.4029,1.3937,1.4836,1.6402,1.8233,1.8472,1.8374,1.8156,1.7735,1.6878,1.681,1.6955,1.6349,1.7588,1.7689,1.7922,1.7892,1.7851,1.7601,2.3573,2.4657,2.8244,2.9802,2.9575,3.022,2.9773,3.074,3.0157,3.1454,3.1098,3.0621,2.9544,2.8,2.6828,2.6189,2.594,2.5703,2.6098,2.4956,2.4446,2.4244,2.4088,2.2779,2.2602],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,6.286,6.0348,6.1537,6.5484,8.297,9.0673,9.4959,10.1961,10.6368,10.5442,10.9804,10.5159,10.7965,11.1436,11.2897,10.1029,9.7544,10.3981,11.9026,12.4859,12.0876,11.559,11.4591,11.3188,12.3711,13.1256,12.736,12.5671,13.3185,13.5393,13.5145,12.6756,12.8407,12.6647,12.4585,12.3759,12.1569,12.5616,13.0422,13.5044,14.5063,16.0515,16.7922,18.5576,19.2596,19.7477,19.7257,19.694,18.7358,17.1925,15.8935],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/e40ab101-2472-44d0-b50b-75c3b704ea86/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/e40ab101-2472-44d0-b50b-75c3b704ea86/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/e40ab101-2472-44d0-b50b-75c3b704ea86/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/e40ab101-2472-44d0-b50b-75c3b704ea86/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/e40ab101-2472-44d0-b50b-75c3b704ea86/technical-pack/data.json"},"source_fingerprint":"c30cd662d927c64f4614b729166d0fd0d9a53a9ee95aa18a3e1f42511df60fe5","content_hash":"c470f5c797c39c31ad30bcedaa537e762ba0830366bc08497ac938d3da0b037b","citation":"Sharemaestro, BP16 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/e40ab101-2472-44d0-b50b-75c3b704ea86/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."}