{"schema_version":"1.0","name":"SQQQ Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"ecb8d430-ce3f-456f-a2b3-5ada8e8ccae5","symbol":"SQQQ","name":"Leverage Shares -5x Short Nasdaq 100 ETP Securities","exchange":"MIL","country":"IT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure remains intact, but its underlying support has weakened.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Strength versus the research benchmark, Drawdown and recovery pressure, Activity pressure and cumulative balance, Acceleration, deceleration and rollover, 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":59,"displayedObservations":59,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure remains intact, but its underlying support has weakened.","evidenceAlignment":{"status":"Confirmation weakening","headline":"Upward price structure remains intact, but support is fading","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure remains intact, but its underlying support has weakened.","take":"Treat the advance as conditional. Renewed Market Dynamics would restore confirmation; continued contraction would increase rollover risk.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[-0.098889,-0.016502,0.274346,0.473632,0.564475,0.50402,0.585712,0.824566,0.996351,1.331264,1.345538,0.983268,0.592744,0.039951,-0.358244,-0.489098,-0.552016,-0.577096,-0.692352,-0.702842,-0.352861,0.076504,0.530718,0.887674,0.890924,0.931171,0.939431,0.938024,0.840284,0.680117,0.516512],"opens":[12.11,10.94,11.51,11.7,12.23,12.29,13.11,13.82,13.32,15.41,16.859999,13.75,11.07,8.01,6.86,6.21,4.82,4.94,4.32,3.79,33.77,24.754999,30.200001,27.74,26.190001,31.75,30.860001,31.0,30.559999,23.965,22.110001],"highs":[12.630001,11.23,13.56,12.96,13.28,12.84,13.55,13.99,14.29,16.62,17.37,14.35,11.18,8.15,7.45,6.75,5.2,5.29,4.41,4.4,33.77,24.754999,30.299999,27.74,26.190001,31.75,32.895,38.154999,31.07,24.305,25.584999],"lows":[10.69,9.62,10.25,11.09,11.8,11.0,11.7,11.5,11.83,12.83,13.519999,10.54,7.46,7.11,6.84,4.75,4.44,4.44,3.92,3.72,33.77,24.67,29.139999,27.74,26.0,31.1,28.385,29.9,23.530001,21.975,21.950001],"closes":[10.8,10.6,12.27,12.39,12.11,11.91,12.31,13.410001,14.1,16.500001,13.8,10.54,7.75,7.11,6.92,4.93,4.8,4.44,3.92,4.39,33.77,24.67,29.139999,27.74,26.120001,31.385,32.334999,33.099998,23.965,22.940001,25.165001],"hoverRows":[[{"label":"Open","value":"12.1","className":"is-ohlc","compact":true},{"label":"High","value":"12.6","className":"is-ohlc","compact":true},{"label":"Low","value":"10.7","className":"is-ohlc","compact":true},{"label":"Close","value":"10.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.10","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.9","className":"is-ohlc","compact":true},{"label":"High","value":"11.2","className":"is-ohlc","compact":true},{"label":"Low","value":"9.62","className":"is-ohlc","compact":true},{"label":"Close","value":"10.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.02","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.5","className":"is-ohlc","compact":true},{"label":"High","value":"13.6","className":"is-ohlc","compact":true},{"label":"Low","value":"10.2","className":"is-ohlc","compact":true},{"label":"Close","value":"12.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.27","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.7","className":"is-ohlc","compact":true},{"label":"High","value":"13.0","className":"is-ohlc","compact":true},{"label":"Low","value":"11.1","className":"is-ohlc","compact":true},{"label":"Close","value":"12.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.47","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.2","className":"is-ohlc","compact":true},{"label":"High","value":"13.3","className":"is-ohlc","compact":true},{"label":"Low","value":"11.8","className":"is-ohlc","compact":true},{"label":"Close","value":"12.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.56","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.3","className":"is-ohlc","compact":true},{"label":"High","value":"12.8","className":"is-ohlc","compact":true},{"label":"Low","value":"11.0","className":"is-ohlc","compact":true},{"label":"Close","value":"11.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.50","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.1","className":"is-ohlc","compact":true},{"label":"High","value":"13.6","className":"is-ohlc","compact":true},{"label":"Low","value":"11.7","className":"is-ohlc","compact":true},{"label":"Close","value":"12.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.59","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.8","className":"is-ohlc","compact":true},{"label":"High","value":"14.0","className":"is-ohlc","compact":true},{"label":"Low","value":"11.5","className":"is-ohlc","compact":true},{"label":"Close","value":"13.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.82","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.3","className":"is-ohlc","compact":true},{"label":"High","value":"14.3","className":"is-ohlc","compact":true},{"label":"Low","value":"11.8","className":"is-ohlc","compact":true},{"label":"Close","value":"14.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.00","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.4","className":"is-ohlc","compact":true},{"label":"High","value":"16.6","className":"is-ohlc","compact":true},{"label":"Low","value":"12.8","className":"is-ohlc","compact":true},{"label":"Close","value":"16.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.33","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"16.9","className":"is-ohlc","compact":true},{"label":"High","value":"17.4","className":"is-ohlc","compact":true},{"label":"Low","value":"13.5","className":"is-ohlc","compact":true},{"label":"Close","value":"13.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.35","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.8","className":"is-ohlc","compact":true},{"label":"High","value":"14.3","className":"is-ohlc","compact":true},{"label":"Low","value":"10.5","className":"is-ohlc","compact":true},{"label":"Close","value":"10.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.98","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.1","className":"is-ohlc","compact":true},{"label":"High","value":"11.2","className":"is-ohlc","compact":true},{"label":"Low","value":"7.46","className":"is-ohlc","compact":true},{"label":"Close","value":"7.75","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.59","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.01","className":"is-ohlc","compact":true},{"label":"High","value":"8.15","className":"is-ohlc","compact":true},{"label":"Low","value":"7.11","className":"is-ohlc","compact":true},{"label":"Close","value":"7.11","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.04","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.86","className":"is-ohlc","compact":true},{"label":"High","value":"7.45","className":"is-ohlc","compact":true},{"label":"Low","value":"6.84","className":"is-ohlc","compact":true},{"label":"Close","value":"6.92","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.36","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.21","className":"is-ohlc","compact":true},{"label":"High","value":"6.75","className":"is-ohlc","compact":true},{"label":"Low","value":"4.75","className":"is-ohlc","compact":true},{"label":"Close","value":"4.93","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.49","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.82","className":"is-ohlc","compact":true},{"label":"High","value":"5.20","className":"is-ohlc","compact":true},{"label":"Low","value":"4.44","className":"is-ohlc","compact":true},{"label":"Close","value":"4.80","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.55","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.94","className":"is-ohlc","compact":true},{"label":"High","value":"5.29","className":"is-ohlc","compact":true},{"label":"Low","value":"4.44","className":"is-ohlc","compact":true},{"label":"Close","value":"4.44","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.58","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.32","className":"is-ohlc","compact":true},{"label":"High","value":"4.41","className":"is-ohlc","compact":true},{"label":"Low","value":"3.92","className":"is-ohlc","compact":true},{"label":"Close","value":"3.92","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.69","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"3.79","className":"is-ohlc","compact":true},{"label":"High","value":"4.40","className":"is-ohlc","compact":true},{"label":"Low","value":"3.72","className":"is-ohlc","compact":true},{"label":"Close","value":"4.39","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.70","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"33.8","className":"is-ohlc","compact":true},{"label":"High","value":"33.8","className":"is-ohlc","compact":true},{"label":"Low","value":"33.8","className":"is-ohlc","compact":true},{"label":"Close","value":"33.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.35","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"24.8","className":"is-ohlc","compact":true},{"label":"High","value":"24.8","className":"is-ohlc","compact":true},{"label":"Low","value":"24.7","className":"is-ohlc","compact":true},{"label":"Close","value":"24.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.08","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"30.2","className":"is-ohlc","compact":true},{"label":"High","value":"30.3","className":"is-ohlc","compact":true},{"label":"Low","value":"29.1","className":"is-ohlc","compact":true},{"label":"Close","value":"29.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.53","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"27.7","className":"is-ohlc","compact":true},{"label":"High","value":"27.7","className":"is-ohlc","compact":true},{"label":"Low","value":"27.7","className":"is-ohlc","compact":true},{"label":"Close","value":"27.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.89","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.2","className":"is-ohlc","compact":true},{"label":"High","value":"26.2","className":"is-ohlc","compact":true},{"label":"Low","value":"26.0","className":"is-ohlc","compact":true},{"label":"Close","value":"26.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.89","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"31.8","className":"is-ohlc","compact":true},{"label":"High","value":"31.8","className":"is-ohlc","compact":true},{"label":"Low","value":"31.1","className":"is-ohlc","compact":true},{"label":"Close","value":"31.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.93","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.9","className":"is-ohlc","compact":true},{"label":"High","value":"32.9","className":"is-ohlc","compact":true},{"label":"Low","value":"28.4","className":"is-ohlc","compact":true},{"label":"Close","value":"32.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.94","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"31.0","className":"is-ohlc","compact":true},{"label":"High","value":"38.2","className":"is-ohlc","compact":true},{"label":"Low","value":"29.9","className":"is-ohlc","compact":true},{"label":"Close","value":"33.1","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":"30.6","className":"is-ohlc","compact":true},{"label":"High","value":"31.1","className":"is-ohlc","compact":true},{"label":"Low","value":"23.5","className":"is-ohlc","compact":true},{"label":"Close","value":"24.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.84","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.0","className":"is-ohlc","compact":true},{"label":"High","value":"24.3","className":"is-ohlc","compact":true},{"label":"Low","value":"22.0","className":"is-ohlc","compact":true},{"label":"Close","value":"22.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.68","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"22.1","className":"is-ohlc","compact":true},{"label":"High","value":"25.6","className":"is-ohlc","compact":true},{"label":"Low","value":"22.0","className":"is-ohlc","compact":true},{"label":"Close","value":"25.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.52","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[2.129,35.561],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.516512,"state":"Positive but weakening over four weeks","context":{"scenario":"positiveWeakening","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted 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":"Positive support is weakening","detail":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","annotations":[{"label":"Current tape relationship","value":"Positive support is weakening","detail":"Market Dynamics eased this week but remains positive.","tone":"caution"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"19 Jun 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":31,"relationship":{"sameWeekCorrelation":0.42,"forwardCorrelation":-0.28,"directionalAgreement":59.1,"sample":22,"correlationSample":29,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":5.0,"medianWeeksInZone":5,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"medianReturn":-11.0,"averageReturn":-11.0,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-2.6,"sample":1},{"week":2,"averageReturn":-9.9,"sample":1},{"week":3,"averageReturn":-20.5,"sample":1},{"week":4,"averageReturn":-11.0,"sample":1},{"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}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.5,"medianWeeksInZone":1.5,"averageWeeksToLower":1.5,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-22.4,"averageReturn":-22.4,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-12.3,"sample":2},{"week":2,"averageReturn":-19.8,"sample":2},{"week":3,"averageReturn":-23.5,"sample":2},{"week":4,"averageReturn":-22.4,"sample":2},{"week":5,"averageReturn":-7.1,"sample":1},{"week":6,"averageReturn":-4.2,"sample":1},{"week":7,"averageReturn":-2.0,"sample":1},{"week":8,"averageReturn":-29.0,"sample":1},{"week":9,"averageReturn":-32.1,"sample":1},{"week":10,"averageReturn":-25.5,"sample":1},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":36.3,"averageExpectedMove":36.3,"averageWeeksToLargestMove":5.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-5.2,"medianReturn":-5.2,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-60.4,"medianReturn":-60.4,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.7,"sample":2},{"week":2,"averageReturn":3.6,"sample":2},{"week":3,"averageReturn":-6.5,"sample":2},{"week":4,"averageReturn":-5.2,"sample":2},{"week":5,"averageReturn":8.2,"sample":2},{"week":6,"averageReturn":14.0,"sample":1},{"week":7,"averageReturn":-13.0,"sample":1},{"week":8,"averageReturn":-36.0,"sample":1},{"week":9,"averageReturn":-41.3,"sample":1},{"week":10,"averageReturn":-42.9,"sample":1},{"week":11,"averageReturn":-59.3,"sample":1},{"week":12,"averageReturn":-60.4,"sample":1},{"week":13,"averageReturn":-63.3,"sample":1},{"week":14,"averageReturn":-67.6,"sample":1},{"week":15,"averageReturn":-63.7,"sample":1},{"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}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":43.4,"averageExpectedMove":43.4,"averageWeeksToLargestMove":4.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-43.4,"medianReturn":-43.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-28.8,"sample":1},{"week":2,"averageReturn":-30.6,"sample":1},{"week":3,"averageReturn":-35.8,"sample":1},{"week":4,"averageReturn":-43.4,"sample":1},{"week":5,"averageReturn":-36.6,"sample":1},{"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}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":3,"completedEpisodes":1,"activeEpisodes":2,"medianExpectedMove":26.5,"averageExpectedMove":26.5,"averageWeeksToLargestMove":1.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-30.7,"medianReturn":-30.7,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-3.5,"sample":3},{"week":2,"averageReturn":-1.2,"sample":3},{"week":3,"averageReturn":-3.8,"sample":2},{"week":4,"averageReturn":-30.7,"sample":2},{"week":5,"averageReturn":-33.3,"sample":2},{"week":6,"averageReturn":-30.8,"sample":2},{"week":7,"averageReturn":-62.8,"sample":1},{"week":8,"averageReturn":-58.3,"sample":1},{"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}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-22.7,"medianReturn":-22.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-26.9,"sample":1},{"week":2,"averageReturn":-13.7,"sample":1},{"week":3,"averageReturn":-17.9,"sample":1},{"week":4,"averageReturn":-22.7,"sample":1},{"week":5,"averageReturn":-7.1,"sample":1},{"week":6,"averageReturn":-4.2,"sample":1},{"week":7,"averageReturn":-2.0,"sample":1},{"week":8,"averageReturn":-29.0,"sample":1},{"week":9,"averageReturn":-32.1,"sample":1},{"week":10,"averageReturn":-25.5,"sample":1},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Confirmation weakening","tone":"caution","headline":"Market Dynamics remains positive but has weakened over four weeks","use":"The upward structure still has positive support, but renewed strength is needed to restore full confirmation.","confirm":"Treat the advance as conditional. Renewed Market Dynamics would restore confirmation; continued contraction would increase rollover risk.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"weakening","zone":"middle","zoneContext":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted 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":[]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2026-06-19","price":24.67}],"reversal_warnings":[{"date":"2026-06-12","price":33.77}],"reversal_dangers":[{"date":"2026-06-19","price":24.67}]}},"smTape":{"available":true,"dates":["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":[23.37,22.07,21.01,23.47,19.46,18.54,19.22,19.7,18.93,17.1,15.67,15.96,14.29,15.36,15.04,12.7,11.54,14.3,12.83,15.81,12.1,11.25,12.27,11.79,11.25,11.99,10.95,11.28,10.8,10.6,12.27,12.39,12.11,11.91,12.31,13.41,14.1,16.5,13.8,10.54,7.75,7.11,6.92,4.93,4.8,4.44,3.92,4.39,33.77,24.67,29.14,27.74,26.12,31.385,32.335,33.1,23.965,22.94,25.165],"consensus":[22.7724,-91.1765,-100.0,48.1106,-80.3787,-57.0166,-29.989,-24.3328,-39.3038,-67.3372,-76.7755,-30.8158,-72.3562,0.0,-34.6511,-81.7342,-54.6836,17.4727,-48.8866,46.0289,-53.3449,-53.6158,0.0,-43.5669,-41.7714,0.0,-48.0773,-12.3151,-39.4257,-25.7996,29.7734,15.756,0.0,0.0,0.0,37.7591,41.7693,67.8467,-19.7203,-55.2981,-70.3209,-55.5379,-47.5424,-73.1676,-40.6768,-54.4876,-56.4701,-8.806,62.5018,14.1794,42.8939,37.3832,18.4524,54.4832,54.3142,43.1486,-28.2856,-17.4409,17.6336],"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":[-9.1626,-35.4481,-74.7379,-71.706,-17.2049,-70.2387,0.0,-28.6266,-80.8488,-49.4131,25.6755,-38.8482,38.2426,-68.3803,-55.1914,0.0,-44.9736,-55.1888,0.0,-57.9457,-10.9407,-44.1462,-22.442,22.9901,12.1965,0.0,0.0,0.0,26.148,37.341,59.7256,-31.1744,-57.3474,-71.246,-64.1435,-49.5729,-73.4255,-36.4029,-61.7771,-63.8106,-1.3573,62.6487,7.8466,29.0685,28.1158,30.226,51.0167,60.0332,37.549,-37.583,-14.0502,34.8228],"force":[-3.1666,-35.3194,-57.3732,-84.549,-7.1778,-67.8556,0.0,-19.473,-90.4913,-51.6414,80.5718,-62.7393,90.8174,-66.1527,-52.9901,0.0,-37.1213,-25.9827,0.0,-43.5919,-6.8193,-46.5439,-16.3547,58.7407,18.0099,0.0,0.0,0.0,61.8388,43.5929,87.8303,-68.1624,-74.3139,-90.3235,-37.9291,-27.7251,-84.9911,-16.5875,-31.3423,-33.7317,-34.4731,40.88,31.1287,19.2248,0.3414,19.2132,33.3479,27.4407,17.7251,-56.2177,-21.748,21.5014],"direction":[-61.3127,-46.5562,-65.9965,-77.0169,-73.5095,-77.9908,0.0,-52.3777,-76.4911,-62.88,36.9729,-50.4643,22.9359,-27.0131,-52.262,0.0,-46.5633,-37.7149,0.0,-40.003,-27.5533,-28.9465,-36.3832,16.8348,18.2141,0.0,0.0,0.0,33.829,45.5277,62.8539,-27.9717,-39.3734,-54.976,-58.2807,-59.377,-64.4275,-62.7678,-62.689,-64.3227,-48.2325,77.7781,71.7149,75.6007,74.433,31.9007,73.5417,66.9735,67.7079,-2.2916,-18.2394,4.7737],"intensity":[42.8571,37.5,88.8889,40.0,9.0909,50.0,15.3846,7.1429,73.3333,68.75,82.3529,33.3333,94.7368,95.0,71.4286,13.6364,13.0435,50.0,8.0,23.0769,3.7037,21.4286,41.3793,70.0,16.129,9.375,18.1818,11.7647,40.0,8.3333,78.3784,84.2105,94.8718,92.5,90.2439,9.5238,62.7907,50.0,4.4444,26.087,6.383,100.0,97.9592,96.0,72.549,55.7692,96.1538,75.0,92.3077,98.0769,94.2308,57.6923],"confirmation":[53.1885,80.5145,89.1315,92.8823,55.7752,91.0491,37.3273,78.7176,94.4353,85.4863,37.9435,84.2189,84.2129,85.2316,85.114,32.4061,81.7235,80.6812,5.4722,83.0977,50.1668,80.7612,76.0192,78.5137,73.1648,3.7938,2.3616,24.1103,80.9937,81.4892,90.4437,36.2462,86.2437,91.0982,85.1043,82.5787,91.77,80.3475,84.6196,85.2656,8.9667,87.3394,11.807,81.2154,56.3083,31.3429,84.8433,84.4744,81.1181,55.5832,73.764,59.8504],"persistence":[50.0,75.0,75.0,75.0,100.0,100.0,87.5,87.5,87.5,87.5,62.5,62.5,37.5,37.5,50.0,37.5,37.5,37.5,50.0,50.0,75.0,75.0,75.0,62.5,37.5,25.0,25.0,12.5,12.5,37.5,62.5,37.5,12.5,0.0,12.5,25.0,50.0,75.0,100.0,100.0,100.0,75.0,50.0,25.0,0.0,25.0,50.0,75.0,100.0,75.0,50.0,50.0],"assessmentRisk":[36.0792,4.9875,0.7873,10.3481,33.7131,13.5806,38.7889,1.9841,7.3952,20.999,41.3585,21.6184,24.7866,41.2975,19.5682,17.4873,26.9552,0.7311,16.1149,7.311,7.6326,6.8068,21.0666,19.5893,23.3988,39.9308,46.6211,1.2769,25.5843,28.7326,16.0731,52.0125,20.2788,14.7934,22.2299,26.2042,13.3222,27.2012,19.3098,19.4748,11.8396,18.6658,41.9859,28.2501,30.8536,44.7474,5.4302,9.3354,6.2065,2.4102,27.935,41.8864],"volumeParticipation":true,"latest":{"consensus":17.6,"control":34.8,"force":21.5,"direction":4.8,"confirmation":59.9,"persistence":50.0,"assessmentRisk":41.9,"intensity":57.7,"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":"Buyer control supports the view","controlPath":"Control support is easing","forceState":"Upward commitment","forcePath":"Broadly stable","directionState":"Follow-through is limited","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+17.6","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+34.8","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+21.5","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+4.8","detail":"Follow-through is limited","tone":"positive"},{"label":"SM Confirmation Gauge","value":"60/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"55.9","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"17.8%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"26.3","detail":"Directional","tone":"positive"},{"label":"Range position","value":"62%","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":[23.37,22.07,21.01,23.47,19.46,18.54,19.22,19.7,18.93,17.1,15.67,15.96,14.29,15.36,15.04,12.7,11.54,14.3,12.83,15.81,12.1,11.25,12.27,11.79,11.25,11.99,10.95,11.28,10.8,10.6,12.27,12.39,12.11,11.91,12.31,13.41,14.1,16.5,13.8,10.54,7.75,7.11,6.92,4.93,4.8,4.44,3.92,4.39,33.77,24.67,29.14,27.74,26.12,31.385,32.335,33.1,23.965,22.94,25.165],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,22.2573,21.5814,21.1521,20.888,20.532,19.908,19.1375,18.5598,17.7834,17.3428,16.9241,16.1561,15.3168,15.1319,14.7134,14.9128,14.4014,13.8284,13.545,13.2259,12.8667,12.7073,12.3878,12.1864,11.9343,11.6917,11.7968,11.9047,11.942,11.9362,12.0042,12.2598,12.5944,13.3045,13.3946,12.8756,11.9436,11.0648,10.3112,9.3328,8.5087,7.7689,7.0691,6.582,11.5253,13.9152,16.6834,18.6937,20.0439,22.1059,23.9658,25.6265,25.3244,24.8909,24.9407],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,20.2272,19.8667,19.5091,19.0048,18.4518,18.1443,17.7506,17.6069,17.199,16.7583,16.4258,16.0824,15.7245,15.4478,15.1147,14.8306,14.5321,14.2408,14.0948,13.9685,13.8309,13.6886,13.5865,13.5734,13.6124,13.8263,13.8243,13.5811,13.1491,12.7018,12.2735,11.7295,11.2162,10.7143,10.211,9.7798,11.5569,12.5282,13.7587,14.7944,15.6333,16.8001,17.9508,19.073,19.4354,19.695,20.1002],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,24.3147,24.5357,24.5058,24.6677,24.5408,24.4165,24.5497,24.7324,24.536,24.4361,24.2133,23.4176,22.8194,22.2096,20.7927,20.2735,19.7896,19.11,18.104,17.1375,16.5384,16.1442,15.6268,15.4153,14.9279,14.4682,14.5584,14.8107,15.407,15.5126,14.937,15.3298,15.7277,15.9734,16.4587,16.8119,17.0163,17.2458,17.2928,23.8132,25.8401,28.6104,30.6982,32.2668,34.719,37.0745,39.3004,39.9613,40.4079,41.1267],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,16.2593,15.1988,14.5775,13.6077,13.1949,12.8089,11.9366,10.9653,10.7673,10.3597,10.4237,10.0924,9.6086,9.3444,9.5933,9.2915,9.1204,8.973,9.137,9.2905,9.2396,9.2938,9.4542,9.4477,9.5901,9.7768,9.7576,9.7613,9.385,9.3764,9.425,8.5972,7.7853,7.0046,5.8333,4.8351,3.8757,2.9432,2.2072,-2.0162,-2.6361,-3.7194,-4.2722,-4.4398,-4.9445,-5.2975,-5.5544,-5.2288,-5.0314,-4.6137],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,62.4236,54.3296,87.4104,92.1414,94.7485,37.1217,31.6337,46.6175],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"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":[0.0,-5.5627,-10.0984,0.0,-17.0856,-21.0055,-18.1082,-16.0631,-19.3438,-27.141,-33.2339,-31.9983,-39.1138,-34.5547,-35.9182,-45.8884,-50.8308,-39.0711,-45.3345,-32.6374,-48.4448,-52.0665,-47.7205,-49.7657,-52.0665,-48.9135,-53.3447,-51.9386,-53.9838,-54.836,-47.7205,-47.2092,-48.4022,-49.2544,-47.5501,-42.8632,-39.9233,-29.6975,-41.2015,-55.0916,-66.9791,-69.706,-70.5156,-78.9945,-79.5484,-81.0822,-83.2978,-81.2953,0.0,-26.947,-13.7104,-17.8561,-22.6532,-7.0625,-4.2493,-1.984,-29.0346,-32.0699,-25.4812],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,6.2567,2.1036,0.0,0.0,1.8507,0.0,7.4878,5.2484,0.0,0.0,23.9168,11.1785,37.0017,4.8527,0.0,9.0667,4.8,0.0,6.5778,0.0,3.0137,0.0,0.0,15.7547,16.8868,14.2453,12.3585,16.1321,26.5094,33.0189,55.6604,30.1887,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,11.9898,761.4796,529.3367,643.3673,607.6531,566.3266,700.6378,724.8724,744.3877,511.352,485.2041,541.9643],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"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":[null,null,null,null,null,null,null,5.7974,30.0929,18.473,98.5349,42.3252,48.6893,127.3467,164.601,115.1734,65.817,136.4747,154.8193,135.4819,48.5302,130.9974,132.4524,140.4683,35.4648,58.9709,54.5771,29.4379,235.5436,198.3399,138.2094,88.5387,69.7081,61.1404,121.4623,312.1473,117.3433,156.6714,121.2863,75.7067,144.6887,52.8467,290.3253,189.98,327.3797,45.0871,33.5694,146.9741,0.0,0.003,0.0267,0.0,0.0124,0.0159,0.0847,0.1423,0.3828,0.0616,0.0687],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,133.2121,132.2058,126.8457,129.0334,126.6199,133.0679,124.3304,118.1542,114.6986,122.0211,113.4534,121.0937,118.2953,110.3838,118.9367,111.503,109.6569,112.7594,110.1469,111.5715,98.8899,87.1466,95.5393,101.0634,96.6443,92.8493,100.3109,121.8904,130.2929,135.0,127.5008,122.8871,113.5644,110.2466,90.1388,76.2524,65.0,65.0,65.0,73.1902,73.1902,73.1901,73.1914,73.1914,73.1908,73.1915,73.1951,73.2003,73.187,73.185,73.1871],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,-1.9663,-2.052,-2.1214,-2.3382,-2.5739,-2.5091,-2.5471,-2.31,-2.3939,-2.5002,-2.4736,-2.4628,-2.4694,-2.3874,-2.3789,-2.3188,-2.2836,-2.246,-2.0576,-1.8771,-1.7366,-1.6226,-1.483,-1.2689,-1.0317,-0.6426,-0.5458,-0.7239,-1.0777,-1.3936,-1.6404,-1.9739,-2.223,-2.4215,-2.591,-2.6567,-0.3343,0.7632,1.971,2.7831,3.2584,4.0136,4.6354,5.1307,4.7316,4.2833,4.0607],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-2.1759,-2.2426,-2.3035,-2.3048,-2.3226,-2.3581,-2.3812,-2.3975,-2.4119,-2.407,-2.4014,-2.3849,-2.3646,-2.3409,-2.2843,-2.2028,-2.1096,-2.0122,-1.9063,-1.7788,-1.6294,-1.432,-1.2548,-1.1486,-1.1344,-1.1863,-1.2771,-1.4165,-1.5778,-1.7465,-1.9154,-2.0637,-1.7178,-1.2216,-0.5831,0.0902,0.7238,1.3818,2.0325,2.6521,3.068,3.3111,3.461],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.398,-0.2666,-0.2436,-0.0052,-0.0713,-0.1421,-0.0924,-0.0653,-0.0575,0.0196,0.0225,0.066,0.081,0.0949,0.2266,0.3257,0.373,0.3896,0.4234,0.51,0.5977,0.7894,0.709,0.4248,0.0568,-0.2074,-0.3633,-0.5574,-0.6452,-0.675,-0.6756,-0.5931,1.3835,1.9848,2.554,2.6929,2.5346,2.6319,2.6029,2.4786,1.6636,0.9722,0.5997],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,11.5767,11.9521,14.4594,15.9213,13.4991,15.4965,13.5116,18.5835,19.4932,17.3063,17.6029,17.473,15.861,16.8444,15.8296,16.6352,16.8234,15.4224,15.2602,15.3707,15.616,15.1029,14.2,13.7867,12.5805,15.9602,21.9861,31.1939,32.6179,31.7493,44.5257,43.596,45.1318,48.4148,41.2499,11.1936,16.8629,14.6365,14.6375,14.9107,12.8043,12.5367,13.1536,19.7221,19.8572,17.8403],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,39.7071,46.9963,50.806,57.7916,60.1337,62.3638,69.1387,77.1316,78.002,80.9087,79.6238,79.5302,81.4777,81.5438,73.7143,74.29,73.8091,72.1929,65.8349,59.3841,56.6274,53.8597,49.2218,48.0032,43.5417,38.6994,39.4868,41.0994,48.5804,49.3089,45.2515,56.2762,67.5567,78.0634,95.3293,110.6556,125.7952,141.6874,154.7241,236.9994,245.4416,259.7708,264.6661,263.8198,266.4259,266.6828,265.8372,260.2175,256.8898,250.5435],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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/ecb8d430-ce3f-456f-a2b3-5ada8e8ccae5/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/ecb8d430-ce3f-456f-a2b3-5ada8e8ccae5/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/ecb8d430-ce3f-456f-a2b3-5ada8e8ccae5/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/ecb8d430-ce3f-456f-a2b3-5ada8e8ccae5/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/ecb8d430-ce3f-456f-a2b3-5ada8e8ccae5/technical-pack/data.json"},"source_fingerprint":"807f3b41e58cf516dd553da306e0aab7a69d23fc2883fe26dc291f30e4da2613","content_hash":"2673c15d04bbfe7ce61e78be130bcb94ad47ad50d550a042bf297580eaeae684","citation":"Sharemaestro, SQQQ Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/ecb8d430-ce3f-456f-a2b3-5ada8e8ccae5/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."}