{"schema_version":"1.0","name":"SALZERELEC Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"eed2c9c6-756f-4234-9b43-3c57e167f00d","symbol":"SALZERELEC","name":"Salzer Electronics Limited","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Industrials","industry":"Electrical Equipment & Parts"},"summary":"Price structure and the underlying tape currently reinforce the same downside read.","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, Drawdown and recovery pressure, Strength versus the research benchmark, Activity pressure and cumulative balance, Range pressure and compression, Range position and boundary pressure."},{"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":"Price structure and the underlying tape currently reinforce the same downside read.","evidenceAlignment":{"status":"Evidence aligned downward","headline":"Downward price structure is confirmed by Market Dynamics","summary":"Price structure and the underlying tape currently reinforce the same downside read.","take":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","tone":"negative","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[0.774159,1.078095,1.183108,1.005963,0.613199,0.087567,-0.368951,-0.3794,-0.169804,-0.144889,0.073956,-0.227608,-0.53707,-0.615691,-0.626994,-0.192113,0.246385,0.922971,1.324339,1.288033,1.23885,0.99014,0.769035,0.550603,0.208768,-0.211675,-0.601585,-0.959111,-1.143542,-1.228167,-1.21646,-0.99067,-0.942947,-0.876884,-0.805754,-0.902565,-0.902583,-0.855609,-0.593315,-0.235222,0.112433,0.302666,0.177087,-0.087254,-0.290254,-0.470977,-0.660553,-0.795268,-0.998599,-1.065925,-0.831391,-0.79015,-0.800253,-0.891233,-1.188098,-1.140416,-0.917726,-0.706926,-0.565069,-0.034628,0.216881,0.473992,0.812383,0.392418,0.234835,0.01234,-0.308897,-0.328674,-0.520968,-0.656891,-0.734963,-0.838494,-0.896817,-0.966595,-1.072012,-1.22605,-1.255163,-0.951074,-0.626875,-0.228755,0.051521,0.025357,-0.039551,-0.222148,-0.273433,-0.195856,0.041402,0.356094,0.664942,1.048256,1.262834,1.286247,1.269509,0.905051,0.611542,0.506266,0.423547,0.473368,0.387046,0.13903,-0.163436,-0.423531,-0.526957,-0.529989],"opens":[991.595389,1034.664994,1096.645342,999.492516,1028.852652,960.262484,907.274574,925.867748,1116.584261,1145.246651,964.001037,1102.975878,1014.895395,978.407011,1035.532182,1106.614812,1315.974409,1333.919461,1613.115465,1439.695858,1415.320504,1365.771923,1450.612536,1378.233796,1224.254905,1147.489812,885.341688,976.014298,907.224766,942.466925,864.50546,1016.889279,1071.721502,882.300985,1026.958408,1085.778569,998.944175,947.601209,935.637824,1074.71244,939.127129,926.615456,938.030549,910.215594,884.743504,908.919565,896.15863,855.383345,858.374196,817.499234,822.483951,897.803544,861.265331,836.491113,807.25,805.549988,825.950012,814.0,780.5,777.5,903.849976,840.0,834.5,820.0,709.0,766.299988,723.0,716.25,715.0,700.950012,690.700012,686.0,699.0,641.900024,585.0,545.299988,555.0,615.849976,646.150024,670.200012,625.099976,590.0,562.349976,540.200012,512.5,534.900024,575.0,633.0,630.0,662.849976,740.0,710.0,660.0,628.650024,633.0,649.150024,644.799988,630.950012,606.0,609.0,587.400024,585.0,589.400024,550.0],"highs":[1093.102333,1136.868175,1099.735864,1051.782555,1029.002219,964.74876,949.644983,1130.890479,1195.343411,1152.424645,1094.601487,1104.620956,1162.942513,1046.797786,1138.517202,1361.834117,1337.907316,1644.918079,1634.998475,1465.516853,1580.166229,1501.357167,1574.48362,1394.733371,1272.457426,1165.285351,1028.503748,1007.916747,957.07225,973.621621,1000.539273,1163.989365,1144.94751,1056.767261,1111.599562,1121.569003,1011.904546,984.986853,1102.626978,1123.562985,1013.798779,949.096642,964.399838,929.307216,951.98781,939.127146,904.134233,875.770991,864.904178,849.451444,961.757943,917.194239,867.197136,845.41383,835.0,849.5,840.0,818.950012,786.900024,952.5,914.0,858.0,889.700012,820.0,809.0,792.25,745.0,794.950012,723.900024,714.599976,711.900024,699.0,699.0,660.0,590.400024,592.450012,638.400024,695.450012,698.400024,683.200012,666.0,625.0,573.349976,567.0,544.200012,589.849976,643.900024,668.349976,658.950012,748.0,779.799988,713.950012,675.0,634.25,637.0,661.0,644.799988,638.700012,632.400024,618.799988,595.75,592.0,632.599976,597.849976],"lows":[958.87042,1024.32043,1000.938062,987.927864,917.0447,906.975506,883.297967,902.638819,1073.815147,954.779311,941.220688,1011.9045,962.555505,968.537179,1000.190344,1106.614812,1251.671033,1307.001804,1431.122104,1343.938825,1340.898141,1339.95101,1353.908397,1132.635145,1101.629994,862.411793,860.816735,894.264382,834.447394,827.518562,863.209376,1016.889279,1037.825204,878.313184,1026.958408,981.995994,937.133228,871.384342,930.054927,1019.481265,917.194263,904.68255,898.252201,872.281625,884.693669,886.787247,854.186948,843.619312,801.548043,779.415696,812.614119,837.438224,820.490066,796.599976,802.849976,800.150024,810.0,767.049988,750.450012,760.049988,830.099976,823.25,830.5,722.0,683.049988,719.0,702.0,704.0,676.049988,676.400024,687.599976,675.0,633.0,583.599976,541.650024,535.0,528.0,602.549988,639.049988,645.799988,595.799988,564.0,539.0,511.049988,488.799988,524.0,561.200012,616.599976,625.0,636.0,675.099976,673.549988,613.25,615.0,615.549988,636.650024,644.799988,627.200012,606.0,574.0,571.150024,561.0,586.400024,549.799988],"closes":[1034.664917,1084.532349,1009.561707,1011.206665,940.871826,922.57782,915.997925,1112.247559,1131.389038,962.705078,1086.675781,1017.238159,997.049927,1008.564758,1114.490723,1312.634644,1306.104492,1591.282227,1444.580933,1401.113892,1367.516602,1463.72229,1378.233887,1223.20813,1148.087891,886.039551,985.634888,905.330505,949.84436,863.209351,972.176086,1074.313599,1048.64209,1017.337891,1075.111206,1001.336853,942.915527,900.096497,1075.061279,1080.744019,926.615417,930.304138,911.26239,883.098511,904.283752,894.214539,855.383301,849.501282,812.265259,820.290649,897.953125,841.625427,828.216431,800.849976,805.549988,826.650024,818.5,779.75,783.599976,915.5,835.75,826.900024,848.400024,724.799988,766.25,723.0,712.650024,708.799988,697.75,687.25,689.349976,692.900024,635.0,586.75,544.549988,565.900024,611.099976,662.799988,659.75,658.349976,607.25,570.299988,551.099976,515.799988,534.900024,584.900024,632.900024,622.299988,653.049988,734.400024,711.049988,704.5,619.700012,619.049988,634.900024,652.700012,644.799988,633.400024,613.400024,584.25,575.950012,581.900024,608.950012,570.25],"pressureRange":[-1.945334,1.945334],"priceRange":[363.20697,1591.282227],"zones":{"accumulationBoundary":0.114462,"distributionBoundary":0.885538},"latest":-0.529989,"state":"Negative and weakening","context":{"scenario":"negativeWeakening","latestDirection":"slight easing","fourWeekDirection":"weakening","now":{"label":"Slightly easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"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":"Negative and weakening","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Negative and weakening","detail":"Market Dynamics weakened this week and remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.39,"forwardCorrelation":-0.19,"directionalAgreement":46.7,"sample":255,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":25.0,"medianWeeksInZone":25,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"medianReturn":-2.1,"averageReturn":-2.1,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"medianReturn":-8.8,"averageReturn":-8.8,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":63.7,"averageReturn":63.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.1,"sample":1},{"week":2,"averageReturn":-4.6,"sample":1},{"week":3,"averageReturn":-6.2,"sample":1},{"week":4,"averageReturn":-2.1,"sample":1},{"week":5,"averageReturn":-8.3,"sample":1},{"week":6,"averageReturn":-2.2,"sample":1},{"week":7,"averageReturn":-5.4,"sample":1},{"week":8,"averageReturn":-2.0,"sample":1},{"week":9,"averageReturn":-2.8,"sample":1},{"week":10,"averageReturn":-0.8,"sample":1},{"week":11,"averageReturn":-7.6,"sample":1},{"week":12,"averageReturn":-8.8,"sample":1},{"week":13,"averageReturn":-9.6,"sample":1},{"week":14,"averageReturn":-5.3,"sample":1},{"week":15,"averageReturn":2.1,"sample":1},{"week":16,"averageReturn":3.2,"sample":1},{"week":17,"averageReturn":-0.7,"sample":1},{"week":18,"averageReturn":0.0,"sample":1},{"week":19,"averageReturn":9.2,"sample":1},{"week":20,"averageReturn":9.3,"sample":1},{"week":21,"averageReturn":9.6,"sample":1},{"week":22,"averageReturn":3.7,"sample":1},{"week":23,"averageReturn":16.6,"sample":1},{"week":24,"averageReturn":23.3,"sample":1},{"week":25,"averageReturn":34.8,"sample":1},{"week":26,"averageReturn":63.7,"sample":1}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1.0,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-23.7,"averageReturn":-23.7,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-38.1,"averageReturn":-38.1,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-43.2,"averageReturn":-43.2,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-7.5,"sample":2},{"week":2,"averageReturn":-14.2,"sample":2},{"week":3,"averageReturn":-17.8,"sample":2},{"week":4,"averageReturn":-23.7,"sample":2},{"week":5,"averageReturn":-23.0,"sample":2},{"week":6,"averageReturn":-30.6,"sample":2},{"week":7,"averageReturn":-31.5,"sample":2},{"week":8,"averageReturn":-42.7,"sample":2},{"week":9,"averageReturn":-35.8,"sample":2},{"week":10,"averageReturn":-34.9,"sample":2},{"week":11,"averageReturn":-34.3,"sample":2},{"week":12,"averageReturn":-38.1,"sample":2},{"week":13,"averageReturn":-32.7,"sample":2},{"week":14,"averageReturn":-32.0,"sample":2},{"week":15,"averageReturn":-34.8,"sample":2},{"week":16,"averageReturn":-37.3,"sample":2},{"week":17,"averageReturn":-29.5,"sample":2},{"week":18,"averageReturn":-31.6,"sample":2},{"week":19,"averageReturn":-38.7,"sample":2},{"week":20,"averageReturn":-39.9,"sample":2},{"week":21,"averageReturn":-35.1,"sample":2},{"week":22,"averageReturn":-35.9,"sample":2},{"week":23,"averageReturn":-40.0,"sample":2},{"week":24,"averageReturn":-40.2,"sample":2},{"week":25,"averageReturn":-42.1,"sample":2},{"week":26,"averageReturn":-43.2,"sample":2}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":19,"completedEpisodes":18,"activeEpisodes":1,"medianExpectedMove":14.6,"averageExpectedMove":19.8,"averageWeeksToLargestMove":6.4,"horizons":[{"weeks":4,"sample":19,"expectedCount":10,"expectedPercent":52.6,"averageReturn":-0.3,"medianReturn":1.5,"confidenceLow":31.7,"confidenceHigh":72.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":10,"expectedPercent":55.6,"averageReturn":6.5,"medianReturn":2.5,"confidenceLow":33.7,"confidenceHigh":75.4,"confidence":"Mixed historical record"},{"weeks":26,"sample":17,"expectedCount":11,"expectedPercent":64.7,"averageReturn":25.3,"medianReturn":16.3,"confidenceLow":41.3,"confidenceHigh":82.7,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.6,"sample":19},{"week":2,"averageReturn":0.9,"sample":19},{"week":3,"averageReturn":-0.4,"sample":19},{"week":4,"averageReturn":-0.3,"sample":19},{"week":5,"averageReturn":0.7,"sample":19},{"week":6,"averageReturn":-0.1,"sample":19},{"week":7,"averageReturn":2.2,"sample":19},{"week":8,"averageReturn":3.0,"sample":18},{"week":9,"averageReturn":4.9,"sample":18},{"week":10,"averageReturn":5.7,"sample":18},{"week":11,"averageReturn":4.5,"sample":18},{"week":12,"averageReturn":6.5,"sample":18},{"week":13,"averageReturn":4.6,"sample":18},{"week":14,"averageReturn":4.6,"sample":18},{"week":15,"averageReturn":3.6,"sample":18},{"week":16,"averageReturn":7.0,"sample":18},{"week":17,"averageReturn":10.8,"sample":18},{"week":18,"averageReturn":12.6,"sample":17},{"week":19,"averageReturn":12.7,"sample":17},{"week":20,"averageReturn":16.1,"sample":17},{"week":21,"averageReturn":21.4,"sample":17},{"week":22,"averageReturn":19.9,"sample":17},{"week":23,"averageReturn":23.6,"sample":17},{"week":24,"averageReturn":24.8,"sample":17},{"week":25,"averageReturn":24.3,"sample":17},{"week":26,"averageReturn":25.3,"sample":17}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":22,"completedEpisodes":21,"activeEpisodes":1,"medianExpectedMove":5.1,"averageExpectedMove":6.9,"averageWeeksToLargestMove":4.1,"horizons":[{"weeks":4,"sample":21,"expectedCount":8,"expectedPercent":38.1,"averageReturn":8.4,"medianReturn":5.5,"confidenceLow":20.8,"confidenceHigh":59.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":21,"expectedCount":7,"expectedPercent":33.3,"averageReturn":15.7,"medianReturn":11.6,"confidenceLow":17.2,"confidenceHigh":54.6,"confidence":"Mixed historical record"},{"weeks":26,"sample":20,"expectedCount":7,"expectedPercent":35.0,"averageReturn":23.2,"medianReturn":30.3,"confidenceLow":18.1,"confidenceHigh":56.7,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.2,"sample":22},{"week":2,"averageReturn":0.9,"sample":22},{"week":3,"averageReturn":4.5,"sample":22},{"week":4,"averageReturn":8.4,"sample":21},{"week":5,"averageReturn":9.3,"sample":21},{"week":6,"averageReturn":13.6,"sample":21},{"week":7,"averageReturn":12.7,"sample":21},{"week":8,"averageReturn":14.2,"sample":21},{"week":9,"averageReturn":15.1,"sample":21},{"week":10,"averageReturn":15.0,"sample":21},{"week":11,"averageReturn":17.6,"sample":21},{"week":12,"averageReturn":15.7,"sample":21},{"week":13,"averageReturn":20.2,"sample":21},{"week":14,"averageReturn":17.4,"sample":21},{"week":15,"averageReturn":19.5,"sample":21},{"week":16,"averageReturn":19.3,"sample":21},{"week":17,"averageReturn":16.9,"sample":21},{"week":18,"averageReturn":16.5,"sample":21},{"week":19,"averageReturn":19.2,"sample":21},{"week":20,"averageReturn":22.3,"sample":21},{"week":21,"averageReturn":19.4,"sample":21},{"week":22,"averageReturn":20.0,"sample":20},{"week":23,"averageReturn":20.5,"sample":20},{"week":24,"averageReturn":23.2,"sample":20},{"week":25,"averageReturn":24.4,"sample":20},{"week":26,"averageReturn":23.2,"sample":20}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":24,"completedEpisodes":24,"activeEpisodes":0,"medianExpectedMove":7.2,"averageExpectedMove":8.9,"averageWeeksToLargestMove":5.6,"horizons":[{"weeks":4,"sample":24,"expectedCount":11,"expectedPercent":45.8,"averageReturn":5.8,"medianReturn":3.8,"confidenceLow":27.9,"confidenceHigh":64.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":24,"expectedCount":7,"expectedPercent":29.2,"averageReturn":13.6,"medianReturn":11.3,"confidenceLow":14.9,"confidenceHigh":49.2,"confidence":"Historically adverse"},{"weeks":26,"sample":23,"expectedCount":7,"expectedPercent":30.4,"averageReturn":26.2,"medianReturn":31.0,"confidenceLow":15.6,"confidenceHigh":50.9,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.9,"sample":24},{"week":2,"averageReturn":2.2,"sample":24},{"week":3,"averageReturn":2.7,"sample":24},{"week":4,"averageReturn":5.8,"sample":24},{"week":5,"averageReturn":5.7,"sample":24},{"week":6,"averageReturn":5.3,"sample":24},{"week":7,"averageReturn":6.7,"sample":24},{"week":8,"averageReturn":9.0,"sample":24},{"week":9,"averageReturn":11.7,"sample":24},{"week":10,"averageReturn":12.9,"sample":24},{"week":11,"averageReturn":13.5,"sample":24},{"week":12,"averageReturn":13.6,"sample":24},{"week":13,"averageReturn":12.6,"sample":24},{"week":14,"averageReturn":13.2,"sample":24},{"week":15,"averageReturn":14.8,"sample":24},{"week":16,"averageReturn":14.0,"sample":24},{"week":17,"averageReturn":16.7,"sample":24},{"week":18,"averageReturn":16.3,"sample":24},{"week":19,"averageReturn":20.8,"sample":23},{"week":20,"averageReturn":22.9,"sample":23},{"week":21,"averageReturn":23.6,"sample":23},{"week":22,"averageReturn":19.5,"sample":23},{"week":23,"averageReturn":20.1,"sample":23},{"week":24,"averageReturn":20.5,"sample":23},{"week":25,"averageReturn":24.6,"sample":23},{"week":26,"averageReturn":26.2,"sample":23}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":17,"completedEpisodes":15,"activeEpisodes":2,"medianExpectedMove":15.0,"averageExpectedMove":13.9,"averageWeeksToLargestMove":7.5,"horizons":[{"weeks":4,"sample":17,"expectedCount":6,"expectedPercent":35.3,"averageReturn":-3.0,"medianReturn":-2.4,"confidenceLow":17.3,"confidenceHigh":58.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":15,"expectedCount":9,"expectedPercent":60.0,"averageReturn":2.5,"medianReturn":7.3,"confidenceLow":35.7,"confidenceHigh":80.2,"confidence":"Mixed historical record"},{"weeks":26,"sample":14,"expectedCount":9,"expectedPercent":64.3,"averageReturn":9.1,"medianReturn":9.1,"confidenceLow":38.8,"confidenceHigh":83.7,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.9,"sample":17},{"week":2,"averageReturn":-3.8,"sample":17},{"week":3,"averageReturn":-3.9,"sample":17},{"week":4,"averageReturn":-3.0,"sample":17},{"week":5,"averageReturn":-3.6,"sample":17},{"week":6,"averageReturn":-3.6,"sample":16},{"week":7,"averageReturn":-1.8,"sample":16},{"week":8,"averageReturn":-0.8,"sample":16},{"week":9,"averageReturn":-0.3,"sample":16},{"week":10,"averageReturn":-0.5,"sample":16},{"week":11,"averageReturn":-0.0,"sample":16},{"week":12,"averageReturn":2.5,"sample":15},{"week":13,"averageReturn":3.6,"sample":15},{"week":14,"averageReturn":3.2,"sample":15},{"week":15,"averageReturn":2.6,"sample":15},{"week":16,"averageReturn":3.1,"sample":15},{"week":17,"averageReturn":6.0,"sample":15},{"week":18,"averageReturn":3.3,"sample":15},{"week":19,"averageReturn":1.4,"sample":15},{"week":20,"averageReturn":1.7,"sample":15},{"week":21,"averageReturn":-0.3,"sample":15},{"week":22,"averageReturn":1.9,"sample":15},{"week":23,"averageReturn":2.2,"sample":15},{"week":24,"averageReturn":4.2,"sample":14},{"week":25,"averageReturn":7.9,"sample":14},{"week":26,"averageReturn":9.1,"sample":14}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"medianExpectedMove":45.8,"averageExpectedMove":45.8,"averageWeeksToLargestMove":12.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-8.0,"medianReturn":-8.0,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-45.8,"medianReturn":-45.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-44.5,"medianReturn":-44.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-9.2,"sample":1},{"week":2,"averageReturn":-12.0,"sample":1},{"week":3,"averageReturn":-14.1,"sample":1},{"week":4,"averageReturn":-8.0,"sample":1},{"week":5,"averageReturn":-13.4,"sample":1},{"week":6,"averageReturn":-23.1,"sample":1},{"week":7,"averageReturn":-27.9,"sample":1},{"week":8,"averageReturn":-44.3,"sample":1},{"week":9,"averageReturn":-38.1,"sample":1},{"week":10,"averageReturn":-43.1,"sample":1},{"week":11,"averageReturn":-40.3,"sample":1},{"week":12,"averageReturn":-45.8,"sample":1},{"week":13,"averageReturn":-38.9,"sample":1},{"week":14,"averageReturn":-32.5,"sample":1},{"week":15,"averageReturn":-34.1,"sample":1},{"week":16,"averageReturn":-36.1,"sample":1},{"week":17,"averageReturn":-32.4,"sample":1},{"week":18,"averageReturn":-37.1,"sample":1},{"week":19,"averageReturn":-40.7,"sample":1},{"week":20,"averageReturn":-43.4,"sample":1},{"week":21,"averageReturn":-32.4,"sample":1},{"week":22,"averageReturn":-32.1,"sample":1},{"week":23,"averageReturn":-41.8,"sample":1},{"week":24,"averageReturn":-41.5,"sample":1},{"week":25,"averageReturn":-42.7,"sample":1},{"week":26,"averageReturn":-44.5,"sample":1}]},"currentApplication":{"status":"Evidence aligned downward","tone":"negative","headline":"Price and Market Dynamics remain aligned downward","use":"The downside remains supported until Market Dynamics repairs or price structure changes.","confirm":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":33.3,"averageReturn":15.7,"sample":21},"nowContext":{"label":"Slightly easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Capital protection","title":"Treat agreement on the downside as a defensive condition","tone":"negative","approach":"Reduce the burden of proof for risk control and raise it for new long exposure. A short position still needs a defined entry, exit and maximum loss.","finding":"In this ticker's completed record, 33.3% of comparable cases moved lower after 12 weeks, with an average move of 15.7% across 21 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use distribution to protect capital before considering the short case","tone":"negative","finding":"After distribution, 100.0% of completed 12-week outcomes were lower across 2 cases. Distinct visits lasted 1.0 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 8.9% across 24 completed cases, with the largest move arriving after 5.6 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[{"date":"2025-01-24","price":1378.233887}],"price_pressure_gaps":[{"date":"2024-12-20","price":1591.282227}]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[1034.6649,1084.5323,1009.5617,1011.2067,940.8718,922.5778,915.9979,1112.2476,1131.389,962.7051,1086.6758,1017.2382,997.0499,1008.5648,1114.4907,1312.6346,1306.1045,1591.2822,1444.5809,1401.1139,1367.5166,1463.7223,1378.2339,1223.2081,1148.0879,886.0396,985.6349,905.3305,949.8444,863.2094,972.1761,1074.3136,1048.6421,1017.3379,1075.1112,1001.3369,942.9155,900.0965,1075.0613,1080.744,926.6154,930.3041,911.2624,883.0985,904.2838,894.2145,855.3833,849.5013,812.2653,820.2906,897.9531,841.6254,828.2164,800.85,805.55,826.65,818.5,779.75,783.6,915.5,835.75,826.9,848.4,724.8,766.25,723.0,712.65,708.8,697.75,687.25,689.35,692.9,635.0,586.75,544.55,565.9,611.1,662.8,659.75,658.35,607.25,570.3,551.1,515.8,534.9,584.9,632.9,622.3,653.05,734.4,711.05,704.5,619.7,619.05,634.9,652.7,644.8,633.4,613.4,584.25,575.95,581.9,608.95,570.25],"consensus":[54.9857,53.2961,0.0,17.659,-31.4686,-25.5619,-14.944,64.3787,36.8871,-32.8384,51.05,-26.8777,-18.6656,8.4887,43.7632,71.4603,36.7675,80.1349,0.0,18.9406,0.0,38.1614,-15.0531,-44.3262,-42.0851,-74.4832,-11.2966,-55.2418,-13.4532,-45.2187,0.0,25.0403,-9.2647,0.0,16.8772,-31.2133,-38.3354,-36.4682,37.4628,14.6956,-44.11,-8.3149,-32.3026,-37.0111,-12.3881,-24.7092,-39.735,-27.5072,-43.0148,-19.074,28.3363,-33.6829,-22.3332,-33.1886,-28.6928,0.0,-16.7542,-34.8695,0.0,56.0409,-31.5176,-8.8327,14.2173,-66.9365,0.0,-47.4749,-36.2227,-27.3623,-30.1627,-30.7232,-28.1841,-9.8019,-59.417,-62.1095,-64.7889,-24.1943,9.8886,34.4105,0.0,0.0,-33.3306,-48.6299,-41.0011,-56.4409,-11.5407,23.3552,42.9283,0.0,42.6746,69.5404,11.2086,29.848,-43.1747,-22.8597,0.0,0.0,0.0,0.0,-22.5781,-43.9015,-38.4609,-17.8146,12.4211,-36.7163],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[-32.8663,-43.3605,-31.1774,0.0,-22.0292,-41.6589,0.0,47.8763,-35.0682,-21.9618,4.9531,-66.2447,0.0,-50.4378,-36.5327,-31.4243,-28.776,-35.1501,-36.4371,-6.6828,-64.8644,-66.9783,-69.4022,-17.5984,11.6914,24.3105,0.0,0.0,-39.7174,-48.8846,-40.2514,-58.947,-1.9338,26.1188,39.0983,0.0,42.2397,63.6701,4.758,26.4307,-43.7992,-23.2315,0.0,0.0,0.0,0.0,-26.9259,-46.011,-41.0929,-11.4693,12.0395,-30.8389],"force":[-16.1504,-26.1665,-16.0029,0.0,-11.2118,-34.8661,0.0,89.8975,-74.9919,-10.2978,22.4632,-94.0904,0.0,-49.216,-22.789,-18.3786,-19.0127,-17.4779,-12.092,-7.1222,-68.1502,-63.3228,-62.8056,-10.4914,61.769,74.8222,0.0,0.0,-44.0728,-55.6998,-33.3089,-56.9578,-18.6831,54.3103,61.4494,0.0,41.1371,90.4641,34.9906,8.8084,-81.7002,-18.8809,0.0,0.0,0.0,0.0,-18.4854,-43.4066,-26.0641,-1.1272,40.1244,-55.7153],"direction":[-14.7117,-26.5794,-34.9176,0.0,-14.6846,-27.1126,0.0,41.1886,-3.5933,-7.2186,18.915,-48.3315,0.0,-42.845,-45.4638,-29.1368,-39.7117,-35.1248,-30.2464,-25.4552,-46.9534,-55.6784,-60.9332,-56.508,29.2292,17.0878,0.0,0.0,-18.3583,-43.2888,-47.3524,-53.2077,-44.1084,1.914,34.0762,0.0,44.27,61.304,51.5801,48.7817,-14.9428,-25.2769,0.0,0.0,0.0,0.0,-20.5326,-41.8442,-44.3078,-38.5964,6.9309,-29.8626],"intensity":[23.0769,13.4615,1.9231,7.6923,1.9231,28.8462,21.1538,84.6154,46.1538,32.6923,21.1538,73.0769,28.8462,34.6154,36.5385,38.4615,51.9231,5.7692,7.6923,11.5385,51.9231,44.2308,61.5385,17.3077,44.2308,71.1538,34.6154,13.4615,57.6923,40.3846,61.5385,36.5385,25.0,61.5385,67.3077,69.2308,30.7692,88.4615,44.2308,82.6923,92.3077,46.1538,15.3846,26.9231,17.3077,17.3077,21.1538,36.5385,28.8462,3.8462,48.0769,46.1538],"confirmation":[74.7977,78.2513,76.7571,2.8621,73.1121,79.0547,3.7253,87.0893,57.4564,49.5443,50.2754,90.2578,9.5153,83.1999,79.1771,76.4202,77.3334,77.3603,76.4027,26.8544,87.1966,87.8378,88.6017,31.6904,33.6202,80.3968,25.604,25.7301,78.8958,83.7732,80.8974,86.0387,6.904,54.1166,82.3599,28.1879,81.6157,90.9801,9.7417,76.9622,82.9805,75.1882,27.0015,25.5712,24.3616,1.4136,75.034,82.0013,79.8896,50.7939,51.6368,88.4178],"persistence":[75.0,75.0,75.0,62.5,62.5,62.5,75.0,50.0,50.0,50.0,25.0,37.5,25.0,25.0,37.5,62.5,62.5,62.5,87.5,87.5,100.0,100.0,100.0,100.0,75.0,50.0,37.5,25.0,25.0,25.0,25.0,25.0,50.0,50.0,37.5,37.5,12.5,12.5,37.5,62.5,62.5,37.5,25.0,25.0,12.5,0.0,25.0,50.0,50.0,50.0,37.5,50.0],"assessmentRisk":[26.4994,10.2727,35.3207,19.852,6.0631,10.8567,25.6208,19.4499,31.3112,40.1129,34.9366,16.3958,44.1367,23.4088,30.9216,0.3519,26.3117,12.0741,5.1428,8.5949,15.3446,18.3011,17.531,37.7227,36.9378,31.8252,46.019,47.5001,10.9679,25.2162,29.3118,21.7505,42.4997,7.2045,27.383,47.598,28.545,15.1814,42.7792,33.7568,9.9994,38.1273,49.184,46.2219,26.269,18.5553,14.2767,25.7617,28.5369,35.9985,14.4038,4.8827],"volumeParticipation":true,"latest":{"consensus":-36.7,"control":-30.8,"force":-55.7,"direction":-29.9,"confirmation":88.4,"persistence":50.0,"assessmentRisk":4.9,"intensity":46.2,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-36.7","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-30.8","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-55.7","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-29.9","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"88/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"41.0","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"8.6%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"11.1","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"28%","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":[1034.6649,1084.5323,1009.5617,1011.2067,940.8718,922.5778,915.9979,1112.2476,1131.389,962.7051,1086.6758,1017.2382,997.0499,1008.5648,1114.4907,1312.6346,1306.1045,1591.2822,1444.5809,1401.1139,1367.5166,1463.7223,1378.2339,1223.2081,1148.0879,886.0396,985.6349,905.3305,949.8444,863.2094,972.1761,1074.3136,1048.6421,1017.3379,1075.1112,1001.3369,942.9155,900.0965,1075.0613,1080.744,926.6154,930.3041,911.2624,883.0985,904.2838,894.2145,855.3833,849.5013,812.2653,820.2906,897.9531,841.6254,828.2164,800.85,805.55,826.65,818.5,779.75,783.6,915.5,835.75,826.9,848.4,724.8,766.25,723.0,712.65,708.8,697.75,687.25,689.35,692.9,635.0,586.75,544.55,565.9,611.1,662.8,659.75,658.35,607.25,570.3,551.1,515.8,534.9,584.9,632.9,622.3,653.05,734.4,711.05,704.5,619.7,619.05,634.9,652.7,644.8,633.4,613.4,584.25,575.95,581.9,608.95,570.25],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[914.7385,945.6101,957.2377,967.0502,962.2905,955.07,947.966,977.8354,1005.7542,997.9271,1014.0632,1014.6405,1011.4422,1010.919,1029.7503,1081.1838,1122.0785,1207.3882,1250.5142,1277.8959,1294.1906,1325.0145,1334.6908,1314.4212,1284.1788,1211.7898,1170.6708,1122.4271,1091.0484,1049.6231,1035.5418,1042.5913,1043.6914,1038.8999,1045.4837,1037.457,1020.2677,998.4184,1012.3534,1024.7881,1006.9385,993.005,978.1427,960.8619,950.575,940.3276,924.8832,911.1774,893.1934,879.9383,883.2138,875.6522,867.0275,854.9953,846.0052,842.4861,838.125,827.5113,819.5275,836.977,836.7539,834.9623,837.4055,816.9318,807.7169,792.3138,777.8295,765.2787,753.0007,741.0461,731.6468,724.6019,708.3107,686.2087,660.4526,643.2612,637.4137,642.0294,645.2513,647.6329,640.2906,627.565,613.6623,595.8691,584.7838,584.805,593.5495,598.7769,608.6447,631.5093,645.9713,656.6128,649.9014,644.2921,642.5844,644.4236,644.4921,642.4753,637.1889,627.5636,618.1794,611.5831,611.1044,603.6763],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[807.5321,828.0507,841.4959,854.0671,860.4971,865.0956,868.8662,886.8944,905.0051,909.2792,922.4197,929.4433,934.4512,939.9411,952.8707,979.5199,1003.7113,1047.2351,1076.6681,1100.7011,1120.4652,1145.8917,1163.1022,1167.5545,1166.1125,1145.3664,1133.5344,1116.6304,1104.2759,1086.4191,1077.9567,1077.6868,1075.5354,1071.2244,1071.5123,1066.3142,1057.1735,1045.5382,1047.7251,1050.1709,1041.0187,1032.8176,1023.8135,1013.3902,1005.3082,997.0791,986.5831,976.4289,964.2686,953.6036,949.4813,941.492,933.1012,923.3048,914.5822,908.0687,901.434,892.4204,884.3596,886.6663,882.8947,878.747,876.4991,865.2621,857.9279,847.9332,837.9122,828.3484,818.6744,808.9393,800.0808,792.1415,780.5014,766.1494,749.7346,736.1173,726.8567,722.1118,717.4924,713.1115,705.2699,695.2721,684.5927,672.0895,661.9273,656.2216,654.4941,652.1093,652.179,658.2695,662.1791,665.314,661.9352,658.7585,656.9912,656.6734,655.7938,654.135,651.1176,646.1645,640.9634,636.5883,634.5411,629.7788],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[1015.9114,1057.9711,1076.8624,1093.9565,1099.7615,1094.9119,1093.9295,1115.0379,1128.1491,1120.3418,1132.7153,1134.9799,1136.2073,1138.6923,1153.852,1216.8669,1265.8729,1395.2822,1451.2531,1491.1236,1520.5589,1563.9877,1587.5927,1591.7403,1586.9871,1590.5344,1585.3508,1594.0322,1597.3685,1604.6353,1606.2796,1605.9411,1605.0039,1604.7953,1604.2255,1589.5126,1574.9423,1498.6259,1447.7418,1401.4001,1354.5946,1264.592,1181.8258,1138.9558,1109.5714,1109.0994,1110.3205,1113.5053,1119.076,1122.3582,1119.6554,1102.9503,1089.1665,1080.374,1055.1458,1041.8333,1036.5116,1036.6764,998.6382,950.6526,940.4399,927.789,918.8806,923.6253,915.1107,911.7038,913.4287,913.8697,917.336,919.5185,906.6607,901.5884,902.7021,910.7336,919.8794,917.3907,908.5806,901.8283,893.8337,855.1078,833.4758,812.1803,780.0146,778.2239,761.7928,749.1466,738.5009,726.9808,719.7419,730.3176,734.5391,736.7166,735.6847,736.5121,736.2421,738.1761,739.8652,737.3261,734.1225,730.6595,730.7327,730.3928,728.8176,722.7811],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[672.4715,659.3006,661.4231,662.4686,669.7691,696.1348,711.5797,729.6714,759.9223,786.5694,799.8526,812.7648,821.7013,828.1645,835.251,817.6588,809.2796,750.1588,747.0958,749.4255,753.2753,747.7655,761.0277,778.0803,803.555,796.354,808.5013,779.1282,757.6374,740.421,727.3267,733.3727,739.4692,740.5551,737.1869,720.7701,699.0215,706.2193,720.1515,734.4561,737.1715,773.8323,809.9014,818.7604,823.7644,825.0539,810.8076,802.0399,782.7113,775.1373,770.4177,763.854,755.5952,742.7389,741.011,736.8548,729.735,717.5355,726.4276,757.8888,759.0149,761.3254,763.9477,743.373,738.0843,724.3697,708.3715,693.8604,678.9426,663.456,655.4535,645.6533,625.2179,595.7764,560.5306,536.9443,525.0144,520.0717,515.6813,528.6922,527.4742,523.1097,525.5454,506.436,499.7322,498.5684,501.2391,504.1092,506.8781,501.0174,498.9659,497.9484,497.4502,499.8529,509.1579,515.9039,517.5848,517.1839,515.7525,511.8055,508.6023,510.1022,517.4624,528.9439],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"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":[0.0,0.0,-6.9127,-6.761,-13.2463,-14.9331,-15.5398,0.0,0.0,-14.9095,-3.9521,-10.0894,-11.8738,-10.8561,-1.4936,0.0,-0.4975,0.0,-9.2191,-11.9506,-14.062,-8.0162,-13.3885,-23.1307,-27.8514,-44.3191,-38.0603,-43.1069,-40.3095,-45.7538,-38.9061,-32.4876,-34.1008,-36.068,-32.4374,-37.0736,-40.7449,-43.4358,-32.4406,-32.0834,-41.7693,-41.5375,-42.7341,-44.504,-43.1726,-43.8054,-46.2457,-46.6153,-48.9553,-48.451,-43.5705,-47.1102,-47.9529,-49.6727,-49.3773,-48.0513,-48.5635,-50.9986,-50.7567,-42.4678,-47.4795,-48.0356,-46.6845,-54.4518,-51.847,-54.5649,-55.2154,-55.4573,-56.1517,-56.8116,-56.6796,-56.4565,-60.0951,-63.1272,-65.7792,-64.4375,-61.597,-58.3481,-58.5397,-58.6277,-61.839,-64.161,-65.3676,-67.5859,-66.3856,-63.2435,-60.227,-60.8932,-58.9608,-53.8485,-55.3159,-55.7275,-61.0566,-61.0974,-60.1014,-58.9828,-59.4792,-60.1956,-61.4525,-63.2843,-63.8059,-63.432,-61.7321,-64.1641],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[53.9326,61.3517,50.1979,44.9203,34.8404,32.2186,31.2756,59.4009,62.1442,37.9694,55.7361,45.7847,42.8915,44.5417,43.9338,58.1279,52.1543,85.376,68.2861,63.2224,59.3085,64.7598,55.1371,33.6106,25.3374,0.0,11.2405,2.1772,7.2011,0.0,12.6234,24.4557,21.4818,17.8553,24.5481,16.0016,9.2337,4.2733,24.5424,25.2007,7.3454,7.7727,5.5668,2.3041,4.7583,3.5919,0.0,0.0,0.0,0.988,10.5492,3.6146,1.9638,0.0,0.5869,3.2216,2.2039,0.0,0.4937,17.4094,7.1818,6.0468,8.8041,0.0,5.7188,0.0,0.0,0.0,0.0,0.0,0.3056,0.8221,0.0,0.0,0.0,3.9207,12.2211,21.7152,21.1551,20.898,11.5141,4.7287,1.2028,0.0,3.703,13.3967,22.7026,20.6475,26.6092,42.3808,37.8538,36.584,20.1435,20.0174,23.0904,26.5413,25.0097,22.7995,18.9221,13.2707,11.6615,12.8151,18.0593,10.5564],"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":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"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":[49.344,51.6735,41.3276,36.8003,23.7943,18.3152,21.6331,45.6357,46.463,26.584,40.1042,30.1947,29.1222,26.7956,36.6473,54.4215,50.2886,87.2638,64.6805,55.3568,52.3542,61.219,49.5791,28.5085,18.8848,-6.3449,4.1304,-1.8438,0.5143,-8.3575,-1.1203,8.0722,7.8907,4.5803,5.3518,-2.8463,-9.7787,-12.8722,-0.528,0.1284,-14.0421,-14.7201,-15.5598,-19.3938,-19.0795,-19.3301,-21.7957,-21.7355,-24.6525,-22.9796,-14.9615,-20.9622,-22.68,-23.5303,-23.7825,-22.7055,-23.9684,-25.4708,-25.6503,-14.1534,-22.4654,-23.2671,-20.6199,-31.1367,-27.9429,-31.9617,-32.6777,-32.1555,-32.0052,-31.4488,-30.2519,-29.5101,-32.6098,-36.4158,-38.2123,-35.432,-30.3214,-23.2201,-23.112,-21.4135,-24.6013,-24.6027,-26.2534,-29.1122,-25.1387,-21.7247,-15.3546,-14.3479,-9.8318,1.1097,0.9334,0.5788,-10.2331,-8.9928,-7.0617,-5.5068,-6.2865,-8.2013,-10.3391,-14.4643,-13.1644,-13.919,-9.8483,-14.2226],"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":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"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":[182.2048,133.7647,53.1098,46.6906,65.6451,50.7518,32.4701,153.6322,86.9697,64.3416,45.0856,47.7942,102.8358,37.2186,72.6111,185.0926,62.4925,304.5755,115.1509,65.3681,130.5023,75.2923,109.08,123.7264,114.3613,166.5904,91.7719,48.5646,77.546,61.1496,89.7114,180.1885,49.4711,53.3734,34.993,70.6611,40.301,62.9037,108.3553,104.0431,216.997,73.3103,74.45,51.4718,81.4207,52.1219,55.3516,51.0815,61.3723,89.2674,269.8874,76.5147,48.1646,30.7805,34.2488,39.3933,39.9122,52.9738,35.3269,1111.8512,92.0796,18.9635,48.3523,92.599,204.361,26.3165,19.2444,370.9509,26.6784,13.3395,15.021,15.5428,21.9876,24.2839,29.7677,20.3938,47.3974,58.208,39.4657,45.3183,39.7475,67.1001,60.4043,65.6158,47.8811,47.3299,56.0961,121.6941,51.9629,219.905,244.6699,70.4998,169.077,7.7307,10.8602,14.2762,0.0,13.5669,19.6432,50.7321,44.2192,66.0565,113.989,228.5343],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[135.0,135.0,134.6873,134.9597,134.5728,134.2744,134.0839,135.0,135.0,134.6117,134.8787,134.6178,134.051,134.2461,134.6189,135.0,134.6634,135.0,134.3403,134.0008,133.3421,133.7084,133.1638,132.5221,131.9147,130.9747,131.509,131.2414,131.6651,131.332,131.8318,132.9108,132.6206,132.304,132.509,132.1148,131.8921,131.5893,132.1029,132.6046,131.5112,131.8807,131.512,131.2673,131.645,131.4219,131.1934,130.984,130.7379,131.097,132.2742,131.9701,131.7811,131.6634,131.7931,131.9373,131.7928,131.6039,131.7229,135.0,134.4468,134.3349,134.6192,134.0588,135.0,134.8298,134.7061,131.8198,131.6123,131.51,131.6183,131.7291,131.5724,131.3985,131.1837,131.3311,131.6787,132.1135,131.8149,131.6224,131.4613,131.1837,130.9348,130.6741,130.8366,130.9969,131.1889,130.9324,131.0393,131.5349,130.9218,130.7427,130.288,130.2678,130.2951,130.3303,130.3303,130.302,130.2636,130.1668,130.0842,130.2023,130.4035,129.9818],"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":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"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":[8.9798,8.6963,9.3738,9.1411,9.9727,9.8912,9.7681,8.9358,8.9244,11.2054,10.2262,10.7949,11.6624,11.26,10.3485,9.5476,9.3816,8.6711,9.8775,10.0763,10.8362,10.1885,11.1907,13.2389,14.1604,19.4794,17.4755,18.5633,17.3517,18.9383,16.6235,15.2439,15.2312,15.8314,14.5369,15.4887,15.8399,16.3097,14.0256,13.6432,16.0366,15.1731,14.9022,14.7403,13.9109,13.4808,13.5033,12.8959,13.0809,12.6375,11.9063,12.4727,12.1721,12.1243,11.4954,10.8282,10.4167,10.6288,10.1533,9.5713,10.4656,10.1222,9.6897,11.7776,11.5189,12.0596,11.7918,11.9256,11.739,11.464,10.8682,10.2876,11.1662,12.1513,12.7972,12.1599,11.7466,11.0579,10.9581,10.6028,11.4997,12.1341,12.1052,12.7846,12.1873,11.1535,10.5047,10.5145,9.7046,9.1026,9.7817,9.5771,11.1617,10.5974,9.8361,9.1701,8.7069,8.429,8.4012,8.738,8.5359,8.2257,7.8935,8.568],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[40.6827,46.4307,47.7987,49.1325,48.5996,44.5301,42.3537,41.7807,39.0056,35.0066,34.4477,33.086,32.1267,31.576,32.0346,39.2434,44.0058,60.139,64.0624,66.2068,67.4881,70.615,70.3873,68.6685,65.5443,66.5452,64.9037,68.6767,71.3146,73.7052,75.33,74.6004,73.8362,73.6982,74.0612,75.2066,77.0391,71.8787,67.1242,62.4521,59.0337,48.1509,37.3469,32.7111,29.5662,29.3716,31.1809,32.5198,35.3735,36.5978,36.9549,36.3291,36.1642,37.0394,34.9786,34.2925,34.7377,36.3857,31.5594,22.5647,21.351,19.7102,18.4134,21.626,21.4163,22.9005,25.2876,27.3689,29.8686,32.3521,32.1625,33.0828,36.3218,41.8128,48.5472,52.319,53.5111,53.6967,53.6571,47.1767,44.9688,43.297,38.9824,42.3128,41.5466,40.1659,38.276,36.2072,34.7074,37.2442,38.1957,38.6774,38.6388,38.2831,36.4677,35.4478,35.3541,35.0961,34.9427,35.229,35.8467,35.5165,33.9178,30.9712],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[87.5806,89.8238,75.2466,73.6969,58.9746,55.1454,53.7681,94.8465,88.0731,56.6151,79.7345,66.785,63.0201,65.1675,84.9217,91.604,89.8052,93.5357,75.8551,70.6164,66.5672,78.1621,67.8589,49.175,34.7667,3.0195,15.9186,5.677,14.2383,4.3664,17.6973,30.1927,27.0521,23.2223,30.2903,21.2648,14.1176,8.8791,30.2842,30.9794,12.1234,12.5747,10.2452,6.8831,10.1994,8.8615,3.7304,2.9429,1.8067,8.2904,30.7196,16.1763,12.6896,5.5735,6.7957,12.2823,10.163,3.3607,8.8847,44.2359,22.8617,20.4898,26.2521,0.6973,18.8871,12.0787,10.5207,9.1523,7.5952,3.9201,4.6551,6.2422,0.6084,0.833,0.6903,7.2406,19.576,31.755,31.0365,30.7067,18.669,9.9647,5.4417,1.076,9.9418,22.6011,35.9441,33.3001,49.5924,76.7021,72.5951,70.4557,42.7568,44.7595,50.2062,56.323,53.6082,49.6907,42.8179,32.8007,29.9485,31.9931,41.2887,27.9897],"stroke":"#10243b","width":2.0},{"label":"From high","values":[-5.346,-4.6035,-11.198,-11.0533,-17.24,-18.8492,-19.428,-2.1657,-5.3503,-19.4621,-9.0909,-14.8999,-16.5888,-15.6255,-6.764,-3.6127,-4.0922,-3.2607,-12.1792,-14.8217,-16.8642,-11.0155,-16.2126,-25.6371,-30.2039,-46.1347,-40.08,-44.962,-42.2558,-47.5227,-40.8982,-34.6889,-36.2496,-38.1527,-34.6404,-39.1254,-42.6771,-45.2802,-34.6435,-34.298,-43.668,-43.4437,-44.6014,-45.9878,-42.7729,-43.4101,-45.6721,-46.0457,-41.762,-35.5349,-22.9414,-27.6947,-28.8467,-31.1978,-30.794,-28.9813,-29.6815,-31.8964,-30.2576,-18.5181,-25.6161,-26.4038,-24.4902,-35.4909,-31.8018,-28.6841,-26.1043,-26.5035,-27.4506,-28.5423,-28.324,-27.9548,-33.9751,-38.9919,-43.3797,-41.1598,-35.8425,-30.4147,-30.7349,-30.8819,-36.2467,-40.126,-42.1417,-45.8478,-43.8425,-36.0066,-28.8637,-30.0551,-20.3598,-9.2213,-10.5541,-11.3781,-22.0454,-20.6143,-18.5817,-16.299,-17.3121,-18.774,-21.3388,-25.0769,-26.1413,-25.3783,-21.9095,-26.8723],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[66.1927,74.2026,62.1605,53.4168,42.7458,39.9703,38.972,68.7463,71.6504,46.0583,64.8667,54.3318,51.2689,53.0159,69.0867,69.1868,60.221,95.2041,77.2081,71.8759,67.7545,79.5562,69.0692,50.0521,29.9774,2.7397,14.5,5.1711,13.8291,4.313,17.4809,29.8235,26.7213,22.9384,29.9199,21.0048,13.9449,8.7706,29.9139,30.6006,11.9752,12.4209,10.1199,6.7165,9.2766,8.0598,3.3673,2.6565,1.3371,5.2443,15.2085,7.9816,6.2612,2.75,3.3531,6.0602,5.0146,1.6557,4.4173,21.9935,11.3665,10.1872,13.0522,0.3878,12.1807,5.8488,4.3335,3.7699,3.2098,1.6567,1.9673,2.6519,0.316,0.5398,0.5354,5.7757,15.7386,25.5303,24.9527,24.6875,15.0095,8.0114,4.375,0.9295,9.4313,19.6604,29.4804,27.3118,33.6027,50.2455,45.4685,44.1285,26.7799,26.6469,29.8895,33.5311,31.9149,29.5827,25.491,19.5274,17.8294,19.0467,24.5806,16.6633],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]}]},"canonical_url":"https://sharemaestro.com/terminal/eed2c9c6-756f-4234-9b43-3c57e167f00d/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/eed2c9c6-756f-4234-9b43-3c57e167f00d/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/eed2c9c6-756f-4234-9b43-3c57e167f00d/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/eed2c9c6-756f-4234-9b43-3c57e167f00d/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/eed2c9c6-756f-4234-9b43-3c57e167f00d/technical-pack/data.json"},"source_fingerprint":"90a5667bb7e4661a7edabee76fe6265753872c70f573d90ee12bcdf66e860246","content_hash":"d5a491c8e5a6fc89d33ed8c1b91c03e5d6499ebc7ac62ed279c7dbd82b6e1576","citation":"Sharemaestro, SALZERELEC Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/eed2c9c6-756f-4234-9b43-3c57e167f00d/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."}