{"schema_version":"1.0","name":"TFG Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"e40cc967-57ce-4d09-b9b6-0ee0ac5665c6","symbol":"TFG","name":"Tetragon Financial Group Limited","exchange":"LSE","country":"GB","asset_type":"equity","currency":"USD","sector":"Financial Services","industry":"Asset Management"},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","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, Activity pressure and cumulative balance, Strength versus the research benchmark, Drawdown and recovery pressure, Directional strength and control, Acceleration, deceleration and rollover."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","evidenceAlignment":{"status":"Underlying strength ahead of price","headline":"Market Dynamics is improving before price has fully responded","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","take":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-04-19","2024-04-26","2024-05-03","2024-05-10","2024-05-24","2024-05-31","2024-06-07","2024-06-14","2024-06-21","2024-06-28","2024-07-05","2024-07-19","2024-07-26","2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-27","2024-10-04","2024-10-11","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","2025-03-28","2025-04-04","2025-04-18","2025-04-25","2025-05-02","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-27","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-12","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","2025-12-19","2025-12-26","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-13","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","2026-05-22","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[0.331579,0.406872,0.532929,0.450777,0.72783,1.021353,1.267292,1.555364,1.47697,1.383151,1.176324,0.998636,0.779391,0.547502,0.39875,0.159673,-0.078359,-0.192648,-0.464425,-0.640647,-0.683109,-0.659917,-0.512005,0.058385,0.651653,1.121716,1.496869,1.434419,1.331885,1.311022,1.294243,1.280862,1.160602,0.972526,1.075477,1.205506,1.354343,1.409461,1.216619,1.044898,0.758986,0.478389,0.223764,-0.188444,-0.496618,-0.614443,-0.797422,-0.912063,-1.010211,-1.143501,-1.192886,-1.200272,-1.179104,-1.025666,-0.660929,-0.248313,0.292251,0.648036,0.782025,1.000365,1.085896,1.040307,1.05744,0.974639,0.908602,0.987202,1.051912,1.048918,0.983535,0.85765,0.789895,0.573975,0.327381,0.002201,-0.468516,-0.772672,-1.012538,-1.097365,-1.163076,-1.221981,-1.266291,-1.285057,-1.339544,-1.357259,-1.406356,-1.470211,-1.449994,-1.359331,-1.209414,-1.213162,-1.078983,-1.055458,-1.012953,-0.940882,-0.928851,-0.754778,-0.607003,-0.399934,-0.158611,0.009275,0.338807,0.685798,0.974337,1.176084],"opens":[9.27408,8.949488,9.065414,9.074793,9.614121,9.707917,9.66102,9.66102,9.66102,9.66102,9.66102,9.66102,9.66102,9.614121,9.482396,9.434985,9.482396,9.482396,9.482396,9.482396,9.529809,9.529809,9.624632,11.615934,11.71076,12.527535,12.0972,12.145015,12.145015,13.0535,13.627281,13.483834,13.483834,13.388206,13.388205,15.25299,15.44425,15.539881,14.870471,14.822655,15.205175,15.013916,14.918285,14.831606,14.301908,14.301907,12.857271,13.483278,13.675898,13.201773,13.541522,13.590059,13.201772,13.395915,15.240279,15.580031,15.725641,16.541044,16.502214,16.463769,17.489698,17.391993,17.196577,17.4897,18.564486,18.711046,18.808756,18.564486,18.36907,18.61334,18.721441,18.77058,18.672304,18.524892,17.394726,17.443863,17.050762,16.755936,16.559387,16.06801,15.183532,14.692155,14.249916,14.171461,14.022809,13.725506,13.874158,14.221012,14.12191,13.775056,13.725507,13.4,13.1,12.45,12.15,12.8,12.886956,12.936522,13.035651,13.035651,13.382608,13.58087,13.7,13.45],"highs":[9.413191,9.074688,9.14514,9.074793,9.707917,9.707917,9.66102,9.799839,9.66102,9.66102,9.66102,9.66102,9.707918,9.624439,9.577222,9.541662,9.482396,9.558255,9.57722,9.482397,9.672044,9.752644,9.624632,11.805583,12.680543,12.594476,12.336275,12.145015,13.005685,13.675095,13.722911,13.627279,13.483834,13.388206,15.587694,15.633741,15.778957,15.587695,14.918286,15.300806,15.300806,15.061732,15.120536,14.831606,14.301908,14.446372,13.531435,13.724053,13.868516,13.68713,13.590059,13.687131,13.463865,14.852885,15.72564,15.871249,17.084646,16.696359,16.610329,17.587407,17.880529,17.587409,17.562981,18.320215,18.906463,18.882036,19.053025,18.755992,18.85761,18.808757,19.016269,18.96713,18.672304,18.77058,17.738689,17.684638,17.193261,16.972142,16.559387,16.372663,15.281807,14.839568,14.495605,14.221012,14.270562,14.221012,14.221012,14.221012,14.518314,13.824607,13.874158,13.6,13.1,12.45,12.15,13.0,13.035651,12.936522,13.035651,13.630435,13.68,13.8,13.75,13.45],"lows":[9.088599,8.810377,8.903119,8.955793,9.567222,9.567222,9.473428,9.522202,9.473428,9.520325,9.379631,9.518449,9.611307,9.421839,9.340162,9.33542,9.482396,9.397054,9.411278,9.388522,9.434985,9.423131,9.482396,11.246122,11.611194,11.858124,12.049385,11.972881,11.919328,13.036287,13.292573,13.340389,13.292573,13.173039,13.388205,14.631396,15.358183,14.538224,14.392322,14.564454,14.956538,14.65052,14.662388,14.350062,14.17189,13.724052,12.712807,13.314737,13.395915,13.119262,13.541522,13.201772,12.910556,13.323112,15.094672,15.492667,15.725641,16.30807,16.30807,16.414913,17.001162,17.050016,17.050016,17.294286,18.553328,18.173654,18.369069,17.587406,18.222508,18.369071,18.475753,18.475753,18.387304,17.836964,17.198175,17.0999,16.510246,16.411974,15.883744,15.527496,14.741293,14.249916,13.856815,13.775056,13.675956,13.477753,13.874158,13.874157,13.477754,13.576855,13.035,13.15,12.5,12.25,11.925,12.8,12.698609,12.936522,13.035651,13.035651,13.382608,13.48174,13.3,13.1],"closes":[9.204525,8.995858,9.074793,9.074793,9.707917,9.66102,9.66102,9.66102,9.66102,9.66102,9.520325,9.66102,9.614121,9.520325,9.434985,9.482396,9.482396,9.482396,9.482396,9.434985,9.57722,9.624632,9.624632,11.71076,12.527535,12.097198,12.145015,12.145015,12.910054,13.579466,13.483834,13.483834,13.483834,13.388206,15.25299,15.44425,15.539881,15.013916,14.727025,15.205175,15.013916,14.822655,14.927917,14.494526,14.301908,13.724053,13.531435,13.57959,13.395915,13.590059,13.590059,13.201772,13.395915,14.463705,15.531496,15.725641,16.599287,16.502214,16.463768,17.489698,17.391993,17.196577,17.196577,17.978237,18.808756,18.662193,18.564486,18.369068,18.61334,18.61334,18.77058,18.672304,18.475752,17.984377,17.443863,17.198175,16.608524,16.706799,16.06801,15.773183,15.183531,14.249916,14.151641,14.022809,13.923708,13.874158,14.221012,14.12191,13.775056,13.725507,13.4,13.4,12.95,12.4,12.1,12.9,12.936522,12.936522,13.035651,13.382608,13.58087,13.7,13.45,13.3],"pressureRange":[-1.773115,1.773115],"priceRange":[8.511497,18.808756],"zones":{"accumulationBoundary":0.077016,"distributionBoundary":0.922984},"latest":1.176084,"state":"Positive Market Dynamics ahead of price","context":{"scenario":"dynamicsAhead","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 is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"diagnosis":{"label":"Underlying strength ahead of price","detail":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","annotations":[{"label":"Current tape relationship","value":"Underlying strength ahead of price","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"24 May 2024","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Leading price","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.36,"forwardCorrelation":0.08,"directionalAgreement":58.3,"sample":247,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":27.5,"medianWeeksInZone":27.5,"averageWeeksToHigher":8.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"medianReturn":-1.5,"averageReturn":-1.5,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":1,"expectedPercent":50.0,"medianReturn":3.3,"averageReturn":3.3,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":4.6,"averageReturn":4.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.5,"sample":2},{"week":2,"averageReturn":-1.5,"sample":2},{"week":3,"averageReturn":-1.5,"sample":2},{"week":4,"averageReturn":-1.5,"sample":2},{"week":5,"averageReturn":-1.4,"sample":2},{"week":6,"averageReturn":2.4,"sample":2},{"week":7,"averageReturn":2.2,"sample":2},{"week":8,"averageReturn":1.9,"sample":2},{"week":9,"averageReturn":1.7,"sample":2},{"week":10,"averageReturn":2.5,"sample":2},{"week":11,"averageReturn":2.2,"sample":2},{"week":12,"averageReturn":3.3,"sample":2},{"week":13,"averageReturn":3.8,"sample":2},{"week":14,"averageReturn":4.3,"sample":2},{"week":15,"averageReturn":2.1,"sample":2},{"week":16,"averageReturn":1.5,"sample":2},{"week":17,"averageReturn":0.6,"sample":2},{"week":18,"averageReturn":1.4,"sample":2},{"week":19,"averageReturn":5.3,"sample":2},{"week":20,"averageReturn":4.6,"sample":2},{"week":21,"averageReturn":4.3,"sample":2},{"week":22,"averageReturn":5.1,"sample":2},{"week":23,"averageReturn":4.9,"sample":2},{"week":24,"averageReturn":4.1,"sample":2},{"week":25,"averageReturn":3.3,"sample":2},{"week":26,"averageReturn":4.6,"sample":2}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":9.0,"medianWeeksInZone":9,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-1.0,"averageReturn":-1.0,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-11.7,"averageReturn":-11.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-28.8,"averageReturn":-28.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.8,"sample":1},{"week":2,"averageReturn":-1.3,"sample":1},{"week":3,"averageReturn":-2.3,"sample":1},{"week":4,"averageReturn":-1.0,"sample":1},{"week":5,"averageReturn":-1.0,"sample":1},{"week":6,"averageReturn":-0.2,"sample":1},{"week":7,"averageReturn":-0.7,"sample":1},{"week":8,"averageReturn":-1.8,"sample":1},{"week":9,"averageReturn":-4.4,"sample":1},{"week":10,"averageReturn":-7.3,"sample":1},{"week":11,"averageReturn":-8.6,"sample":1},{"week":12,"averageReturn":-11.7,"sample":1},{"week":13,"averageReturn":-11.2,"sample":1},{"week":14,"averageReturn":-14.6,"sample":1},{"week":15,"averageReturn":-16.1,"sample":1},{"week":16,"averageReturn":-19.3,"sample":1},{"week":17,"averageReturn":-24.2,"sample":1},{"week":18,"averageReturn":-24.8,"sample":1},{"week":19,"averageReturn":-25.4,"sample":1},{"week":20,"averageReturn":-26.0,"sample":1},{"week":21,"averageReturn":-26.2,"sample":1},{"week":22,"averageReturn":-24.4,"sample":1},{"week":23,"averageReturn":-24.9,"sample":1},{"week":24,"averageReturn":-26.8,"sample":1},{"week":25,"averageReturn":-27.0,"sample":1},{"week":26,"averageReturn":-28.8,"sample":1}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":19,"completedEpisodes":18,"activeEpisodes":1,"medianExpectedMove":4.4,"averageExpectedMove":7.4,"averageWeeksToLargestMove":6.1,"horizons":[{"weeks":4,"sample":19,"expectedCount":7,"expectedPercent":36.8,"averageReturn":0.0,"medianReturn":-1.5,"confidenceLow":19.1,"confidenceHigh":59.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":10,"expectedPercent":55.6,"averageReturn":3.6,"medianReturn":3.6,"confidenceLow":33.7,"confidenceHigh":75.4,"confidence":"Mixed historical record"},{"weeks":26,"sample":18,"expectedCount":12,"expectedPercent":66.7,"averageReturn":12.3,"medianReturn":10.2,"confidenceLow":43.7,"confidenceHigh":83.7,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.9,"sample":19},{"week":2,"averageReturn":0.6,"sample":19},{"week":3,"averageReturn":-0.1,"sample":19},{"week":4,"averageReturn":0.0,"sample":19},{"week":5,"averageReturn":0.9,"sample":18},{"week":6,"averageReturn":0.9,"sample":18},{"week":7,"averageReturn":1.2,"sample":18},{"week":8,"averageReturn":1.6,"sample":18},{"week":9,"averageReturn":1.2,"sample":18},{"week":10,"averageReturn":0.8,"sample":18},{"week":11,"averageReturn":1.4,"sample":18},{"week":12,"averageReturn":3.6,"sample":18},{"week":13,"averageReturn":4.2,"sample":18},{"week":14,"averageReturn":5.4,"sample":18},{"week":15,"averageReturn":5.4,"sample":18},{"week":16,"averageReturn":5.6,"sample":18},{"week":17,"averageReturn":5.8,"sample":18},{"week":18,"averageReturn":5.5,"sample":18},{"week":19,"averageReturn":7.3,"sample":18},{"week":20,"averageReturn":8.5,"sample":18},{"week":21,"averageReturn":8.5,"sample":18},{"week":22,"averageReturn":8.1,"sample":18},{"week":23,"averageReturn":8.7,"sample":18},{"week":24,"averageReturn":10.9,"sample":18},{"week":25,"averageReturn":12.7,"sample":18},{"week":26,"averageReturn":12.3,"sample":18}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":17,"completedEpisodes":17,"activeEpisodes":0,"medianExpectedMove":1.5,"averageExpectedMove":5.0,"averageWeeksToLargestMove":5.4,"horizons":[{"weeks":4,"sample":17,"expectedCount":9,"expectedPercent":52.9,"averageReturn":0.7,"medianReturn":-0.9,"confidenceLow":31.0,"confidenceHigh":73.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":17,"expectedCount":7,"expectedPercent":41.2,"averageReturn":7.5,"medianReturn":0.6,"confidenceLow":21.6,"confidenceHigh":64.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":4,"expectedPercent":25.0,"averageReturn":12.1,"medianReturn":6.4,"confidenceLow":10.2,"confidenceHigh":49.5,"confidence":"Historically adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.7,"sample":17},{"week":2,"averageReturn":0.7,"sample":17},{"week":3,"averageReturn":0.3,"sample":17},{"week":4,"averageReturn":0.7,"sample":17},{"week":5,"averageReturn":1.9,"sample":17},{"week":6,"averageReturn":1.8,"sample":17},{"week":7,"averageReturn":2.9,"sample":17},{"week":8,"averageReturn":3.7,"sample":17},{"week":9,"averageReturn":4.8,"sample":17},{"week":10,"averageReturn":5.9,"sample":17},{"week":11,"averageReturn":6.7,"sample":17},{"week":12,"averageReturn":7.5,"sample":17},{"week":13,"averageReturn":8.8,"sample":17},{"week":14,"averageReturn":8.4,"sample":17},{"week":15,"averageReturn":9.9,"sample":17},{"week":16,"averageReturn":11.1,"sample":16},{"week":17,"averageReturn":11.2,"sample":16},{"week":18,"averageReturn":11.7,"sample":16},{"week":19,"averageReturn":12.0,"sample":16},{"week":20,"averageReturn":12.7,"sample":16},{"week":21,"averageReturn":12.4,"sample":16},{"week":22,"averageReturn":11.7,"sample":16},{"week":23,"averageReturn":11.9,"sample":16},{"week":24,"averageReturn":11.6,"sample":16},{"week":25,"averageReturn":11.0,"sample":16},{"week":26,"averageReturn":12.1,"sample":16}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":18,"completedEpisodes":17,"activeEpisodes":1,"medianExpectedMove":1.5,"averageExpectedMove":3.9,"averageWeeksToLargestMove":4.6,"horizons":[{"weeks":4,"sample":18,"expectedCount":7,"expectedPercent":38.9,"averageReturn":4.3,"medianReturn":1.1,"confidenceLow":20.3,"confidenceHigh":61.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":17,"expectedCount":6,"expectedPercent":35.3,"averageReturn":9.3,"medianReturn":0.3,"confidenceLow":17.3,"confidenceHigh":58.7,"confidence":"Mixed historical record"},{"weeks":26,"sample":16,"expectedCount":3,"expectedPercent":18.8,"averageReturn":10.9,"medianReturn":6.0,"confidenceLow":6.6,"confidenceHigh":43.0,"confidence":"Historically adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.2,"sample":18},{"week":2,"averageReturn":0.7,"sample":18},{"week":3,"averageReturn":3.1,"sample":18},{"week":4,"averageReturn":4.3,"sample":18},{"week":5,"averageReturn":4.6,"sample":18},{"week":6,"averageReturn":4.3,"sample":18},{"week":7,"averageReturn":4.9,"sample":17},{"week":8,"averageReturn":5.9,"sample":17},{"week":9,"averageReturn":7.5,"sample":17},{"week":10,"averageReturn":7.8,"sample":17},{"week":11,"averageReturn":8.7,"sample":17},{"week":12,"averageReturn":9.3,"sample":17},{"week":13,"averageReturn":10.6,"sample":17},{"week":14,"averageReturn":12.2,"sample":17},{"week":15,"averageReturn":12.4,"sample":17},{"week":16,"averageReturn":13.6,"sample":17},{"week":17,"averageReturn":13.2,"sample":17},{"week":18,"averageReturn":14.2,"sample":16},{"week":19,"averageReturn":13.5,"sample":16},{"week":20,"averageReturn":13.1,"sample":16},{"week":21,"averageReturn":13.8,"sample":16},{"week":22,"averageReturn":14.0,"sample":16},{"week":23,"averageReturn":13.1,"sample":16},{"week":24,"averageReturn":12.0,"sample":16},{"week":25,"averageReturn":11.5,"sample":16},{"week":26,"averageReturn":10.9,"sample":16}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":18,"completedEpisodes":17,"activeEpisodes":1,"medianExpectedMove":3.1,"averageExpectedMove":6.5,"averageWeeksToLargestMove":5.5,"horizons":[{"weeks":4,"sample":17,"expectedCount":10,"expectedPercent":58.8,"averageReturn":1.6,"medianReturn":0.5,"confidenceLow":36.0,"confidenceHigh":78.4,"confidence":"Mixed historical record"},{"weeks":12,"sample":17,"expectedCount":9,"expectedPercent":52.9,"averageReturn":1.0,"medianReturn":0.1,"confidenceLow":31.0,"confidenceHigh":73.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":17,"expectedCount":11,"expectedPercent":64.7,"averageReturn":12.1,"medianReturn":2.4,"confidenceLow":41.3,"confidenceHigh":82.7,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.1,"sample":17},{"week":2,"averageReturn":0.7,"sample":17},{"week":3,"averageReturn":1.5,"sample":17},{"week":4,"averageReturn":1.6,"sample":17},{"week":5,"averageReturn":1.1,"sample":17},{"week":6,"averageReturn":1.2,"sample":17},{"week":7,"averageReturn":0.8,"sample":17},{"week":8,"averageReturn":0.4,"sample":17},{"week":9,"averageReturn":-0.0,"sample":17},{"week":10,"averageReturn":-0.3,"sample":17},{"week":11,"averageReturn":0.8,"sample":17},{"week":12,"averageReturn":1.0,"sample":17},{"week":13,"averageReturn":0.7,"sample":17},{"week":14,"averageReturn":0.8,"sample":17},{"week":15,"averageReturn":2.5,"sample":17},{"week":16,"averageReturn":4.3,"sample":17},{"week":17,"averageReturn":5.1,"sample":17},{"week":18,"averageReturn":5.6,"sample":17},{"week":19,"averageReturn":6.1,"sample":17},{"week":20,"averageReturn":6.7,"sample":17},{"week":21,"averageReturn":7.7,"sample":17},{"week":22,"averageReturn":10.0,"sample":17},{"week":23,"averageReturn":10.7,"sample":17},{"week":24,"averageReturn":11.4,"sample":17},{"week":25,"averageReturn":10.9,"sample":17},{"week":26,"averageReturn":12.1,"sample":17}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":18.2,"averageExpectedMove":18.2,"averageWeeksToLargestMove":12.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-4.1,"medianReturn":-4.1,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-18.2,"medianReturn":-18.2,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-29.9,"medianReturn":-29.9,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.7,"sample":2},{"week":2,"averageReturn":-1.4,"sample":2},{"week":3,"averageReturn":-3.3,"sample":2},{"week":4,"averageReturn":-4.1,"sample":2},{"week":5,"averageReturn":-4.7,"sample":2},{"week":6,"averageReturn":-5.9,"sample":2},{"week":7,"averageReturn":-5.9,"sample":2},{"week":8,"averageReturn":-8.1,"sample":2},{"week":9,"averageReturn":-10.2,"sample":2},{"week":10,"averageReturn":-13.2,"sample":2},{"week":11,"averageReturn":-16.3,"sample":2},{"week":12,"averageReturn":-18.2,"sample":2},{"week":13,"averageReturn":-18.2,"sample":2},{"week":14,"averageReturn":-20.2,"sample":2},{"week":15,"averageReturn":-21.1,"sample":2},{"week":16,"averageReturn":-21.8,"sample":2},{"week":17,"averageReturn":-24.5,"sample":2},{"week":18,"averageReturn":-25.7,"sample":2},{"week":19,"averageReturn":-26.2,"sample":2},{"week":20,"averageReturn":-27.3,"sample":2},{"week":21,"averageReturn":-27.4,"sample":2},{"week":22,"averageReturn":-27.7,"sample":2},{"week":23,"averageReturn":-29.4,"sample":2},{"week":24,"averageReturn":-31.1,"sample":2},{"week":25,"averageReturn":-29.2,"sample":2},{"week":26,"averageReturn":-29.9,"sample":2}]},"currentApplication":{"status":"Underlying strength ahead of price","tone":"caution","headline":"Underlying strength is leading price","use":"A positive price response is needed before the early upside case is confirmed.","confirm":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":52.9,"averageReturn":1.0,"sample":17},"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 is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 52.9% of comparable cases moved higher after 12 weeks, with an average move of 1.0% across 17 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, 50.0% of completed 12-week outcomes were higher across 2 cases. Distinct visits lasted 27.5 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 6.5% across 17 completed cases, with the largest move arriving after 5.5 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2024-05-24","price":9.707917}],"distribution_rollovers":[{"date":"2025-11-28","price":17.984377}],"price_pressure_gaps":[{"date":"2025-09-26","price":18.808756},{"date":"2025-11-07","price":18.77058}]}},"smTape":{"available":true,"dates":["2024-04-19","2024-04-26","2024-05-03","2024-05-10","2024-05-24","2024-05-31","2024-06-07","2024-06-14","2024-06-21","2024-06-28","2024-07-05","2024-07-19","2024-07-26","2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-27","2024-10-04","2024-10-11","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","2025-03-28","2025-04-04","2025-04-18","2025-04-25","2025-05-02","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-27","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-12","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","2025-12-19","2025-12-26","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-13","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","2026-05-22","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":[9.2045,8.9959,9.0748,9.0748,9.7079,9.661,9.661,9.661,9.661,9.661,9.5203,9.661,9.6141,9.5203,9.435,9.4824,9.4824,9.4824,9.4824,9.435,9.5772,9.6246,9.6246,11.7108,12.5275,12.0972,12.145,12.145,12.9101,13.5795,13.4838,13.4838,13.4838,13.3882,15.253,15.4443,15.5399,15.0139,14.727,15.2052,15.0139,14.8227,14.9279,14.4945,14.3019,13.7241,13.5314,13.5796,13.3959,13.5901,13.5901,13.2018,13.3959,14.4637,15.5315,15.7256,16.5993,16.5022,16.4638,17.4897,17.392,17.1966,17.1966,17.9782,18.8088,18.6622,18.5645,18.3691,18.6133,18.6133,18.7706,18.6723,18.4758,17.9844,17.4439,17.1982,16.6085,16.7068,16.068,15.7732,15.1835,14.2499,14.1516,14.0228,13.9237,13.8742,14.221,14.1219,13.7751,13.7255,13.4,13.4,12.95,12.4,12.1,12.9,12.9365,12.9365,13.0357,13.3826,13.5809,13.7,13.45,13.3],"consensus":[0.0,-15.5752,0.0,0.0,74.5029,34.877,44.2602,31.839,28.9525,29.5957,-13.6959,34.5398,0.0,-16.8322,-23.7598,0.0,0.0,0.0,0.0,-17.7148,26.4761,25.6925,23.9182,72.6481,88.3531,13.3787,43.8173,53.8932,83.2688,84.517,37.6795,44.0241,53.3536,35.0645,84.8984,65.3895,49.5256,14.5813,9.7775,48.5786,0.0,0.0,25.7762,-23.9644,-9.475,-65.4942,-27.5164,-25.0551,-50.4887,0.0,0.0,-63.667,0.0,49.1089,59.03,48.6645,72.5972,33.7744,35.461,81.6805,30.9965,21.7456,29.7188,65.7566,67.5458,39.3687,27.259,22.3562,32.7253,23.1937,34.4495,16.849,0.0,-30.637,-37.9295,-45.1675,-65.0604,-30.8411,-67.0495,-57.6458,-54.1607,-83.0229,-48.3798,-49.2071,-48.0645,-35.7681,0.0,-26.8861,-51.8432,-29.1754,-53.3153,-32.6117,-46.4311,-44.9775,-40.7744,-11.9231,-12.2123,-9.5847,0.0,24.0262,36.7231,35.8578,-11.4843,-14.7734],"supportDates":["2025-06-06","2025-06-13","2025-06-27","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-12","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","2025-12-19","2025-12-26","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-13","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","2026-05-22","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":[0.0,48.8184,67.288,48.3078,70.2628,30.8456,32.2743,83.8458,27.2429,13.2633,22.0123,65.0617,67.7966,36.9183,16.4561,19.7142,43.8749,29.7181,34.925,15.6401,0.0,-29.3984,-33.9841,-44.1785,-64.6139,-23.5882,-64.3658,-53.5691,-35.4611,-83.3162,-41.816,-39.2255,-42.7698,-30.7675,0.0,-25.4725,-49.9112,-28.5169,-47.6987,-27.3258,-37.1656,-39.1347,-32.8484,-3.9227,-11.2746,-20.2722,0.0,22.3914,28.1062,28.0221,-17.2846,-13.5714],"force":[0.0,66.5738,51.4101,35.108,86.4684,5.7681,2.5168,94.6278,9.5876,17.6785,3.3671,78.2837,65.7703,6.0316,4.5642,6.3911,17.0213,0.5794,28.2518,7.436,0.0,-45.4145,-30.0365,-33.222,-65.7356,-1.0971,-68.7495,-46.6941,-58.1533,-90.3398,-19.18,-27.4347,-20.2197,-6.4288,0.0,-8.7972,-58.915,-4.7097,-52.346,-7.1181,-42.3397,-25.8792,-17.7136,-20.7446,-7.3341,-7.4322,0.0,33.2995,54.0233,40.0295,-50.0414,-34.0577],"direction":[0.0,36.9661,55.0351,58.7554,65.357,65.3662,62.6345,69.9579,64.275,59.5997,57.3489,57.6029,68.5274,65.9815,62.3361,45.9096,31.2,31.8902,38.3329,35.5769,0.0,-21.497,-48.0763,-54.8304,-65.0884,-61.9432,-68.9023,-70.1275,-72.6799,-77.4614,-76.7384,-76.1664,-74.0047,-62.4398,0.0,-41.4224,-49.0,-47.4034,-60.4266,-56.8624,-59.9427,-65.2966,-66.3046,-44.4003,-27.2457,-9.5254,0.0,19.2709,34.2138,41.8332,-22.6854,-2.3728],"intensity":[57.6923,96.1538,96.1538,61.5385,90.3846,73.0769,13.4615,86.5385,71.1538,48.0769,3.8462,76.9231,92.3077,46.1538,32.6923,75.0,67.3077,21.1538,28.8462,9.6154,38.4615,57.6923,84.6154,25.0,65.3846,25.0,69.2308,38.4615,86.5385,80.7692,44.2308,25.0,7.6923,17.3077,46.1538,9.6154,48.0769,78.8462,61.5385,26.9231,76.9231,76.9231,36.5385,82.6923,11.5385,25.0,11.5385,69.2308,42.3077,15.3846,30.7692,42.3077],"confirmation":[7.661,84.2515,86.5315,83.1649,91.6894,56.2112,55.7254,94.4994,33.4512,32.3244,54.1577,89.4345,89.5567,56.9527,54.2247,53.0149,77.8236,51.9667,78.8277,51.5897,4.5452,78.2731,79.957,82.1046,88.8467,54.5737,89.5485,86.175,85.7381,94.7859,82.6917,83.2348,82.6127,55.9612,9.4605,76.0738,84.8348,53.9339,85.1169,55.0727,82.8744,81.8998,80.4658,7.3672,50.2245,49.3045,3.0542,75.9959,80.4099,79.721,32.2679,36.4801],"persistence":[62.5,37.5,12.5,12.5,37.5,50.0,62.5,87.5,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,87.5,62.5,37.5,12.5,12.5,37.5,62.5,87.5,100.0,100.0,100.0,100.0,100.0,100.0,87.5,87.5,87.5,87.5,87.5,87.5,87.5,87.5,100.0,100.0,100.0,100.0,87.5,62.5,37.5,12.5,12.5,12.5],"assessmentRisk":[0.1747,24.2677,20.4493,25.6644,13.701,33.0803,30.4841,9.0781,30.3869,33.1367,29.7959,3.8852,15.9225,29.9976,36.0061,23.7265,36.7037,17.4689,6.0995,23.0014,18.651,31.5242,30.9138,27.3515,17.4666,34.5758,16.4698,21.1733,22.9129,8.4885,25.8097,25.3961,25.9561,25.2853,11.6863,27.8507,5.0868,6.7903,22.8216,32.9109,26.3426,27.4963,29.612,39.0257,4.1342,50.6251,49.6015,32.2241,29.1288,30.9211,47.2327,4.5224],"volumeParticipation":true,"latest":{"consensus":-14.8,"control":-13.6,"force":-34.1,"direction":-2.4,"confirmation":36.5,"persistence":12.5,"assessmentRisk":4.5,"intensity":42.3,"evidenceDepth":100},"analysis":{"status":"Price structure has stronger support","headline":"The gauges support the price-technical view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the downward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-14.8","detail":"Price structure has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-13.6","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-34.1","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-2.4","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"36/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"40.2","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"3.9%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"38.6","detail":"Directional","tone":"positive"},{"label":"Range position","value":"30%","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":[9.2045,8.9959,9.0748,9.0748,9.7079,9.661,9.661,9.661,9.661,9.661,9.5203,9.661,9.6141,9.5203,9.435,9.4824,9.4824,9.4824,9.4824,9.435,9.5772,9.6246,9.6246,11.7108,12.5275,12.0972,12.145,12.145,12.9101,13.5795,13.4838,13.4838,13.4838,13.3882,15.253,15.4443,15.5399,15.0139,14.727,15.2052,15.0139,14.8227,14.9279,14.4945,14.3019,13.7241,13.5314,13.5796,13.3959,13.5901,13.5901,13.2018,13.3959,14.4637,15.5315,15.7256,16.5993,16.5022,16.4638,17.4897,17.392,17.1966,17.1966,17.9782,18.8088,18.6622,18.5645,18.3691,18.6133,18.6133,18.7706,18.6723,18.4758,17.9844,17.4439,17.1982,16.6085,16.7068,16.068,15.7732,15.1835,14.2499,14.1516,14.0228,13.9237,13.8742,14.221,14.1219,13.7751,13.7255,13.4,13.4,12.95,12.4,12.1,12.9,12.9365,12.9365,13.0357,13.3826,13.5809,13.7,13.45,13.3],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[9.0986,9.0799,9.079,9.0782,9.1927,9.2779,9.3475,9.4045,9.4512,9.4893,9.495,9.5251,9.5413,9.5375,9.5189,9.5122,9.5068,9.5024,9.4987,9.4871,9.5035,9.5255,9.5436,9.9376,10.4085,10.7155,10.9754,11.1881,11.5012,11.879,12.1708,12.4096,12.6049,12.7473,13.2029,13.6104,13.9612,14.1526,14.2571,14.4294,14.5357,14.5879,14.6497,14.6215,14.5634,14.4108,14.2509,14.1288,13.9956,13.9219,13.8615,13.7416,13.6787,13.8214,14.1324,14.4221,14.8179,15.1241,15.3677,15.7535,16.0514,16.2596,16.43,16.7115,17.0928,17.3782,17.5939,17.7348,17.8945,18.0252,18.1607,18.2538,18.2941,18.2378,18.0934,17.9307,17.6903,17.5115,17.249,16.9807,16.6539,16.2168,15.8413,15.5107,15.2222,14.9771,14.8396,14.7091,14.5393,14.3913,14.2111,14.0636,13.8611,13.5955,13.3236,13.2466,13.1902,13.1441,13.1244,13.1713,13.2458,13.3284,13.3505,13.3413],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[9.0339,9.0311,9.0343,9.0373,9.087,9.1295,9.1689,9.2053,9.2391,9.2703,9.2889,9.3164,9.3385,9.3519,9.3581,9.3673,9.3758,9.3837,9.391,9.3943,9.4078,9.4239,9.4388,9.6071,9.8234,9.9918,10.1513,10.299,10.4924,10.7211,10.9257,11.1152,11.2907,11.446,11.728,12.0033,12.2653,12.4689,12.6362,12.8265,12.9885,13.1244,13.2579,13.3495,13.4201,13.4426,13.4492,13.4588,13.4542,13.4643,13.4736,13.4534,13.4492,13.5243,13.673,13.8251,14.0306,14.2136,14.3803,14.6106,14.8167,14.993,15.1562,15.3652,15.6203,15.8456,16.047,16.219,16.3964,16.5606,16.7243,16.8686,16.9876,17.0615,17.0898,17.0978,17.0616,17.0353,16.9637,16.8755,16.7501,16.5649,16.3862,16.2111,16.0417,15.8811,15.7581,15.6369,15.499,15.3677,15.2219,15.0869,14.9287,14.7413,14.5457,14.4238,14.3136,14.2116,14.1245,14.0696,14.0334,14.0087,13.9673,13.9178],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[9.3303,9.3298,9.3327,9.3348,9.4616,9.5529,9.6356,9.7152,9.778,9.8348,9.8646,9.9094,9.9364,9.9346,9.9215,9.9211,9.9102,9.9036,9.9015,9.901,9.9031,9.8686,9.8297,10.6293,11.3842,11.7905,12.1417,12.4432,12.8806,13.4157,13.8403,14.2061,14.5184,14.7622,15.3361,15.8507,16.2873,16.5336,16.6573,16.7689,16.7713,16.6396,16.358,16.3103,16.3034,16.2017,16.0791,15.9204,15.8741,15.8737,15.8682,15.8894,15.8946,15.8921,15.9429,15.9995,16.2571,16.5304,16.7885,17.2309,17.6065,17.91,18.1806,18.588,19.1224,19.5285,19.8345,20.0462,20.2159,20.3332,20.3957,20.2692,19.9912,19.7437,19.5948,19.4346,19.4336,19.4112,19.4703,19.614,19.8132,20.1203,20.3463,20.4605,20.4051,20.3038,20.1251,19.9345,19.6712,19.3463,18.9341,18.4534,17.9523,17.5239,17.1635,16.7005,16.3084,15.7971,15.377,14.9586,14.6623,14.5851,14.5016,14.4273],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[8.7671,8.7732,8.7792,8.7815,8.6948,8.6436,8.6054,8.598,8.6165,8.6318,8.6486,8.6714,8.7118,8.7809,8.8481,8.8925,8.9521,8.998,9.0302,9.0469,9.082,9.1793,9.2732,8.7372,8.2643,8.1016,7.9988,7.9458,7.8332,7.69,7.6618,7.6782,7.7529,7.8959,7.9038,7.9854,8.1545,8.4614,8.8621,9.3276,9.8688,10.5204,11.3323,11.6583,11.8427,12.1071,12.3683,12.6704,12.7653,12.7668,12.7829,12.7335,12.7195,12.8295,12.8066,12.7781,12.6265,12.502,12.4176,12.2037,12.0658,11.9997,11.956,11.897,11.8132,11.901,12.0983,12.3655,12.7176,13.1026,13.5582,14.2317,15.0177,15.6173,15.9574,16.2648,16.2667,16.3096,16.211,15.8956,15.4756,14.8738,14.3433,13.8335,13.4004,13.023,12.7673,12.5332,12.3126,12.1487,12.024,11.9774,11.9259,11.7959,11.6219,11.6551,11.68,11.8143,11.9311,12.1104,12.2465,12.2687,12.2821,12.284],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2024-04-19","2024-04-26","2024-05-03","2024-05-10","2024-05-24","2024-05-31","2024-06-07","2024-06-14","2024-06-21","2024-06-28","2024-07-05","2024-07-19","2024-07-26","2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-27","2024-10-04","2024-10-11","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","2025-03-28","2025-04-04","2025-04-18","2025-04-25","2025-05-02","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-27","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-12","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","2025-12-19","2025-12-26","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-13","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","2026-05-22","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":[83.0378,26.2272,63.5557,25.6645,731.4241,3.7746,220.9997,181.934,173.5208,8.5574,73.5434,5.6327,55.5395,97.7412,403.7744,25.4942,4.6746,128.9451,35.1921,82.4235,23.5297,81.2076,2.4765,20.5515,516.5118,245.9095,10.6487,70.482,126.4621,178.136,22.8799,60.7162,3.5516,4.1665,208.3745,351.8611,225.9058,77.451,49.3666,38.9777,22.4924,18.8044,23.5135,15.215,12.0556,655.6566,132.2686,14.5032,2.4826,97.263,0.0,87.9058,43.5421,22.7866,11.0003,47.2238,237.4684,187.6797,99.1079,159.8298,514.2787,45.4192,114.9327,113.3489,65.0547,36.5397,30.3957,48.2973,34.6676,26.976,326.451,40.3292,52.982,16.847,6.4273,8.7753,50.7067,87.6233,60.5539,69.3105,128.176,310.8841,43.9975,125.2907,43.9945,96.4383,32.2671,141.2991,160.0978,54.5973,143.2596,34.9844,107.2871,0.0024,4.1537,4.8413,10.0569,0.0,0.0,3.8987,316.3097,579.3862,574.3302,655.8605],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[114.315,114.0364,114.7296,114.7296,127.1655,127.1024,127.1024,127.1024,127.1024,127.1024,125.4916,125.6146,124.3845,122.1766,110.9424,111.6446,111.6446,111.6446,111.6446,112.3615,113.1109,115.7919,115.7919,116.4652,133.7011,124.3561,124.7347,124.7347,129.0439,135.0,134.1774,134.1774,134.1774,134.0317,135.0,135.0,135.0,133.2177,132.0682,132.9653,132.4463,132.0223,132.5583,132.2116,131.9921,116.7132,113.4272,113.7805,113.7228,115.9116,115.9116,113.9208,114.9272,115.4591,115.6974,116.5693,120.8373,117.2994,115.3936,118.656,104.7047,103.4538,103.4538,106.9099,108.9528,108.0684,107.372,106.2468,107.0677,107.0677,115.9987,114.9136,113.4768,113.0205,112.8466,112.6121,111.3324,113.483,112.0099,110.3803,108.1157,101.8425,101.0095,98.7099,97.9302,96.1793,96.7633,94.097,90.3954,89.1444,86.5482,86.3801,84.4177,84.4176,84.1744,84.154,75.9432,75.9432,75.9432,76.0316,83.836,99.6642,78.217,65.0],"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":["2024-04-19","2024-04-26","2024-05-03","2024-05-10","2024-05-24","2024-05-31","2024-06-07","2024-06-14","2024-06-21","2024-06-28","2024-07-05","2024-07-19","2024-07-26","2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-27","2024-10-04","2024-10-11","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","2025-03-28","2025-04-04","2025-04-18","2025-04-25","2025-05-02","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-27","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-12","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","2025-12-19","2025-12-26","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-13","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","2026-05-22","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":[-1.0703,-6.224,-6.2754,-8.6848,-1.0991,-1.2152,-0.7171,0.5812,-0.4598,0.4094,-1.5337,0.4821,-1.5223,-1.1074,-1.8489,-2.9859,-3.1039,-3.5345,-1.1583,-2.676,-1.7524,-0.7571,-0.3703,20.9433,29.7847,26.3143,26.2515,22.6098,29.1534,34.5647,32.8055,35.3537,33.3633,30.3684,46.6663,42.6904,42.3321,33.7371,29.8155,32.4282,30.8177,26.0123,27.8275,23.9283,21.0596,23.9073,18.1215,15.8781,11.2967,11.119,10.0945,5.7899,6.0483,13.5291,21.5544,20.0312,24.8685,21.3797,20.7841,26.7334,24.2793,19.4844,20.1639,23.183,27.503,22.5677,21.5648,20.0499,16.8892,14.9774,15.3264,13.5165,13.1818,7.293,1.533,0.0163,-5.9476,-6.552,-9.3885,-11.8187,-16.8311,-24.9949,-20.7624,-21.0397,-18.6606,-19.1367,-20.4065,-21.7604,-23.6998,-21.4967,-22.8942,-21.52,-25.4186,-27.5009,-29.491,-23.6538,-24.1155,-24.8922,-22.644,-21.0252,-20.5887,-20.5725,-21.9506,-21.4812],"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":["2024-04-19","2024-04-26","2024-05-03","2024-05-10","2024-05-24","2024-05-31","2024-06-07","2024-06-14","2024-06-21","2024-06-28","2024-07-05","2024-07-19","2024-07-26","2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-27","2024-10-04","2024-10-11","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","2025-03-28","2025-04-04","2025-04-18","2025-04-25","2025-05-02","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-27","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-12","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","2025-12-19","2025-12-26","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-13","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","2026-05-22","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":[-1.0951,-3.3373,-2.4891,-2.4891,0.0,-0.4831,-0.4831,-0.4831,-0.4831,-0.4831,-1.9324,-0.4831,-0.9662,-1.9324,-2.8114,-2.3231,-2.3231,-2.3231,-2.3231,-2.8114,-1.3463,-0.8579,-0.8579,0.0,0.0,-3.4351,-3.0534,-3.0534,0.0,0.0,-0.7042,-0.7042,-0.7042,-1.4085,0.0,0.0,0.0,-3.3846,-5.2308,-2.1539,-3.3846,-4.6154,-3.938,-6.7269,-7.9664,-11.685,-12.9245,-12.6146,-13.7965,-12.5472,-12.5472,-15.0459,-13.7965,-6.9253,-0.054,0.0,0.0,-0.5848,-0.8164,0.0,-0.5586,-1.676,-1.676,0.0,0.0,-0.7792,-1.2987,-2.3377,-1.039,-1.039,-0.203,-0.7255,-1.7705,-4.383,-7.2567,-8.5629,-11.6979,-11.1754,-14.5716,-16.1391,-19.2741,-24.2379,-24.7604,-25.4453,-25.9722,-26.2356,-24.3915,-24.9184,-26.7625,-27.026,-28.7566,-28.7566,-31.1491,-34.0733,-35.6683,-31.4149,-31.2207,-31.2207,-30.6937,-28.8491,-27.795,-27.1616,-28.4908,-29.2883],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[4.0295,1.6711,2.5632,2.5632,9.7188,9.1888,9.1888,9.1888,9.1888,9.1888,7.5986,9.1888,8.6587,7.5986,6.6341,7.1699,7.1699,7.1699,7.1699,6.0845,6.4626,6.9896,6.9896,30.1795,39.2589,34.4752,35.0067,33.8324,42.2628,43.9267,42.9131,42.9131,42.9131,41.8996,61.6642,63.6913,64.7049,59.1303,56.0895,61.1574,59.1303,57.1031,58.2188,53.6253,51.5838,43.2989,40.5917,41.092,14.3898,12.3406,12.3406,8.7012,10.2997,12.0344,17.6471,19.1177,25.7353,25.0,24.7088,32.4799,31.7398,30.2596,30.2596,36.1805,42.4715,41.3613,40.6212,39.1409,40.9912,40.9912,42.1823,41.4379,39.949,36.227,32.1327,30.2717,25.8053,24.7156,11.0919,1.5561,0.0,0.0,0.0,0.0,0.0,0.0,2.5,1.7857,0.0,0.0,0.0,0.0,0.0,0.0,0.0,6.6116,6.9134,6.9134,7.7327,10.6001,12.2386,13.2231,11.157,9.9174],"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":["2024-04-19","2024-04-26","2024-05-03","2024-05-10","2024-05-24","2024-05-31","2024-06-07","2024-06-14","2024-06-21","2024-06-28","2024-07-05","2024-07-19","2024-07-26","2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-27","2024-10-04","2024-10-11","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","2025-03-28","2025-04-04","2025-04-18","2025-04-25","2025-05-02","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-27","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-12","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","2025-12-19","2025-12-26","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-13","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","2026-05-22","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":[22.0212,21.2293,20.8143,20.4289,22.1504,23.7489,24.6569,25.8709,26.6947,27.4596,27.275,27.1035,27.127,25.9743,24.4558,23.0195,21.6857,20.3366,18.9654,17.8362,17.4773,17.556,17.6292,21.6223,25.757,29.5964,33.1616,36.1635,39.3511,42.5291,45.4941,48.2474,50.6222,52.3624,54.7207,56.9203,58.9943,58.8389,58.3681,58.1903,58.0253,57.1381,56.3667,54.9033,53.1363,50.5452,47.3921,44.166,41.0765,38.5067,36.1204,34.4347,33.2901,31.7707,31.2907,30.9838,31.6831,32.3324,32.9353,34.1701,35.4909,36.7175,37.8564,39.3757,41.0849,41.8958,42.7549,42.0861,41.5523,41.0567,40.7907,40.5438,40.1168,38.5766,36.05,33.5491,31.941,30.5812,29.9926,29.8508,30.4791,31.459,32.6571,33.8285,34.9904,36.2192,37.3603,38.4198,39.7283,40.9432,42.4761,43.8995,45.635,47.3829,49.1715,48.6257,48.2129,47.8295,47.2198,45.2758,43.3655,41.329,39.7309,38.5593],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[22.8826,20.5477,21.0889,20.4059,32.864,31.6774,30.1161,31.5644,29.9757,28.8047,26.5692,25.4898,26.1536,24.5567,22.8023,21.3718,21.3718,20.2218,19.7268,19.0727,24.1124,24.1507,22.9741,57.3154,61.9853,54.3106,51.6285,50.032,55.102,58.8726,55.7271,53.2111,51.5405,48.8562,63.3885,56.1929,55.0563,48.2603,44.7379,45.3521,43.487,41.3021,39.6835,36.8386,35.3162,32.1163,28.2562,29.1922,29.2724,27.2192,27.0446,25.2971,23.4378,35.5324,40.1583,40.0861,47.0362,45.0769,43.5559,48.4702,47.0968,44.443,42.0096,44.9129,46.5981,43.3104,42.059,37.3606,36.0497,34.4724,34.687,32.9223,31.9083,28.7811,26.4318,24.8098,23.02,21.6503,19.7874,18.0682,16.2157,14.7429,13.8181,13.1958,12.3943,11.4575,11.0382,10.6197,9.4608,9.2033,8.372,7.957,7.1893,6.6518,6.3072,14.7335,14.1865,14.1865,15.2596,21.5951,21.4044,22.1004,20.7513,19.7418],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[10.3504,16.497,15.4542,14.9537,12.6132,12.1578,14.0229,13.0015,13.6557,13.1223,15.9843,15.3349,14.8934,19.694,20.7485,19.5911,19.5911,21.3856,20.1817,20.3163,18.6358,16.5826,15.7746,8.7416,7.0759,6.1998,5.8936,7.0857,5.8551,5.1737,4.833,4.6148,5.2548,6.9842,4.9997,4.3878,4.1578,13.2887,14.032,12.8367,12.3088,15.4294,14.5521,17.3837,18.9475,22.8484,32.1212,30.5221,28.7429,30.144,29.9506,32.5385,34.0153,27.9079,24.0688,23.0446,19.7893,18.9649,18.325,16.0611,14.6038,13.7809,13.0264,11.5364,10.4709,13.5136,12.59,18.6557,17.5108,16.7447,15.8279,15.0226,15.5158,19.7724,24.7905,24.3005,28.731,28.0654,31.1727,32.1266,36.6444,38.0965,39.5669,38.6106,37.2778,36.4757,35.1409,33.8085,34.2763,33.3433,36.1639,34.371,38.0228,37.8502,39.4339,35.6639,35.4567,35.4567,35.0133,32.3955,31.1419,29.8122,30.4577,31.7558],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2024-04-19","2024-04-26","2024-05-03","2024-05-10","2024-05-24","2024-05-31","2024-06-07","2024-06-14","2024-06-21","2024-06-28","2024-07-05","2024-07-19","2024-07-26","2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-27","2024-10-04","2024-10-11","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","2025-03-28","2025-04-04","2025-04-18","2025-04-25","2025-05-02","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-27","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-12","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","2025-12-19","2025-12-26","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-13","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","2026-05-22","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":[0.0511,0.0402,0.0375,0.035,0.0831,0.1161,0.1406,0.1583,0.1703,0.1777,0.1703,0.1738,0.1708,0.159,0.1412,0.1294,0.1187,0.1089,0.1,0.0881,0.0892,0.0928,0.0945,0.2612,0.454,0.5655,0.6503,0.7093,0.8085,0.9303,1.0076,1.0566,1.083,1.0837,1.2207,1.3293,1.407,1.4098,1.373,1.3667,1.331,1.2725,1.2206,1.1315,1.0334,0.8986,0.7675,0.6598,0.5533,0.479,0.4153,0.3298,0.2744,0.3131,0.4251,0.5234,0.6642,0.7592,0.8219,0.9435,1.0202,1.0531,1.0669,1.1279,1.229,1.2826,1.3022,1.2871,1.2801,1.26,1.2424,1.2067,1.1492,1.052,0.9206,0.7876,0.6274,0.5026,0.3481,0.1996,0.0339,-0.1708,-0.337,-0.4737,-0.5833,-0.6665,-0.6964,-0.7197,-0.7575,-0.7825,-0.8191,-0.8384,-0.8799,-0.9462,-1.0114,-0.987,-0.9538,-0.9169,-0.8697,-0.7951,-0.7117,-0.6288,-0.5767,-0.5412],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[0.0267,0.0294,0.031,0.0318,0.0421,0.0569,0.0736,0.0906,0.1065,0.1207,0.1307,0.1393,0.1456,0.1483,0.1469,0.1434,0.1384,0.1325,0.126,0.1185,0.1126,0.1086,0.1058,0.1369,0.2003,0.2733,0.3487,0.4208,0.4984,0.5848,0.6693,0.7468,0.814,0.868,0.9385,1.0167,1.0947,1.1577,1.2008,1.234,1.2534,1.2572,1.2499,1.2262,1.1876,1.1298,1.0574,0.9778,0.8929,0.8101,0.7312,0.6509,0.5756,0.5231,0.5035,0.5075,0.5388,0.5829,0.6307,0.6933,0.7587,0.8175,0.8674,0.9195,0.9814,1.0417,1.0938,1.1324,1.162,1.1816,1.1937,1.1963,1.1869,1.1599,1.1121,1.0472,0.9632,0.8711,0.7665,0.6531,0.5293,0.3893,0.244,0.1005,-0.0363,-0.1623,-0.2691,-0.3592,-0.4389,-0.5076,-0.5699,-0.6236,-0.6749,-0.7291,-0.7856,-0.8259,-0.8515,-0.8646,-0.8656,-0.8515,-0.8235,-0.7846,-0.743,-0.7026],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[0.0244,0.0108,0.0065,0.0032,0.041,0.0592,0.067,0.0677,0.0638,0.057,0.0397,0.0345,0.0252,0.0108,-0.0057,-0.014,-0.0198,-0.0236,-0.026,-0.0303,-0.0234,-0.0159,-0.0113,0.1243,0.2537,0.2922,0.3016,0.2884,0.3101,0.3456,0.3383,0.3099,0.269,0.2158,0.2822,0.3127,0.3122,0.252,0.1722,0.1327,0.0776,0.0153,-0.0293,-0.0947,-0.1543,-0.2312,-0.2899,-0.318,-0.3397,-0.3312,-0.3158,-0.3211,-0.3012,-0.21,-0.0784,0.0159,0.1254,0.1763,0.1912,0.2502,0.2616,0.2356,0.1995,0.2084,0.2476,0.241,0.2084,0.1547,0.1181,0.0784,0.0487,0.0104,-0.0377,-0.108,-0.1914,-0.2595,-0.3358,-0.3685,-0.4184,-0.4535,-0.4954,-0.56,-0.581,-0.5742,-0.547,-0.5041,-0.4272,-0.3605,-0.3186,-0.2749,-0.2492,-0.2148,-0.205,-0.2171,-0.2258,-0.1612,-0.1024,-0.0524,-0.0041,0.0564,0.1118,0.1558,0.1664,0.1615],"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":["2024-04-19","2024-04-26","2024-05-03","2024-05-10","2024-05-24","2024-05-31","2024-06-07","2024-06-14","2024-06-21","2024-06-28","2024-07-05","2024-07-19","2024-07-26","2024-08-02","2024-08-09","2024-08-16","2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-27","2024-10-04","2024-10-11","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","2025-03-28","2025-04-04","2025-04-18","2025-04-25","2025-05-02","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-27","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-12","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","2025-12-19","2025-12-26","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-13","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","2026-05-22","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/e40cc967-57ce-4d09-b9b6-0ee0ac5665c6/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/e40cc967-57ce-4d09-b9b6-0ee0ac5665c6/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/e40cc967-57ce-4d09-b9b6-0ee0ac5665c6/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/e40cc967-57ce-4d09-b9b6-0ee0ac5665c6/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/e40cc967-57ce-4d09-b9b6-0ee0ac5665c6/technical-pack/data.json"},"source_fingerprint":"0cd4898819afe9ffce6f4fba909fcfee49de707a46b0d9ed046d96450742b5f5","content_hash":"097f91d71c1a5a380bb7cb67b6e298523fa84139cc211fc118a76f6e5372b155","citation":"Sharemaestro, TFG Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/e40cc967-57ce-4d09-b9b6-0ee0ac5665c6/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."}