{"schema_version":"1.0","name":"AM11 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"f1cf4298-1530-4788-b8b7-72e60ab2a907","symbol":"AM11","name":"Amundi Etf Istoxx Europe Multi Factor Market Neutral Ucits Etf","exchange":"VIE","country":"AT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Strength versus the research benchmark, Range position and boundary pressure, Acceleration, deceleration and rollover, Directional strength and control, Activity pressure and cumulative balance."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":60,"displayedObservations":60,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","evidenceAlignment":{"status":"Evidence aligned","headline":"Upward price structure retains strong Market Dynamics support","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","take":"The advance remains supported. Reclassify it only if the broader Market Dynamics path weakens or price structure breaks.","tone":"positive","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"values":[1.227001,1.622016,1.664828,1.719601,1.675937,1.760104,1.83681,1.396351,0.877927,0.221656,-0.408242,-0.577057,-0.665332,-0.63166,-0.630618,-0.676514,-0.601824,-0.562049,-0.386866,-0.258829,-0.220427,0.009184,0.144331,0.388273,0.753891,0.815123,0.822506,0.798076,0.703988,0.780855,0.851409,0.953129],"opens":[120.519997,119.639999,119.919998,119.639999,120.699997,121.660004,123.540001,122.519997,114.18,115.739998,109.0,111.699997,114.959999,117.160004,119.559998,118.360001,117.040001,118.260002,117.120003,122.339996,119.860001,122.279999,122.959999,123.339996,127.220001,124.080002,123.360001,123.660004,125.040001,125.260002,127.599998,126.660004],"highs":[121.339996,120.059998,120.32,120.919998,121.959999,123.919998,124.080002,122.519997,118.419998,117.160004,113.480003,114.919998,118.620003,120.599998,120.260002,118.5,120.480003,119.019997,120.980003,122.919998,120.260002,122.279999,122.959999,123.339996,127.400002,124.18,123.739998,124.419998,126.360001,128.139999,129.020004,126.720001],"lows":[119.339996,117.860001,118.739998,119.0,120.019997,121.5,122.860001,116.400002,114.18,110.5,108.620003,111.559998,113.220001,117.080002,117.739998,115.5,116.139999,116.580002,116.879997,120.379997,119.860001,121.699997,122.120003,122.699997,126.459999,123.879997,123.360001,122.080002,124.379997,125.0,126.419998,124.32],"closes":[121.139999,119.559998,119.559998,120.5,121.620003,123.919998,124.080002,117.0,116.400002,110.5,111.080002,114.800003,117.959999,120.599998,118.400002,117.360001,117.800003,117.160004,120.980003,120.919998,119.919998,121.980003,122.120003,122.699997,127.400002,124.019997,123.739998,123.900002,124.779999,127.599998,126.419998,126.720001],"hoverRows":[[{"label":"Open","value":"120.5","className":"is-ohlc","compact":true},{"label":"High","value":"121.3","className":"is-ohlc","compact":true},{"label":"Low","value":"119.3","className":"is-ohlc","compact":true},{"label":"Close","value":"121.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.23","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"119.6","className":"is-ohlc","compact":true},{"label":"High","value":"120.1","className":"is-ohlc","compact":true},{"label":"Low","value":"117.9","className":"is-ohlc","compact":true},{"label":"Close","value":"119.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.62","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"119.9","className":"is-ohlc","compact":true},{"label":"High","value":"120.3","className":"is-ohlc","compact":true},{"label":"Low","value":"118.7","className":"is-ohlc","compact":true},{"label":"Close","value":"119.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.66","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"119.6","className":"is-ohlc","compact":true},{"label":"High","value":"120.9","className":"is-ohlc","compact":true},{"label":"Low","value":"119.0","className":"is-ohlc","compact":true},{"label":"Close","value":"120.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.72","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"120.7","className":"is-ohlc","compact":true},{"label":"High","value":"122.0","className":"is-ohlc","compact":true},{"label":"Low","value":"120.0","className":"is-ohlc","compact":true},{"label":"Close","value":"121.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.68","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"121.7","className":"is-ohlc","compact":true},{"label":"High","value":"123.9","className":"is-ohlc","compact":true},{"label":"Low","value":"121.5","className":"is-ohlc","compact":true},{"label":"Close","value":"123.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.76","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"123.5","className":"is-ohlc","compact":true},{"label":"High","value":"124.1","className":"is-ohlc","compact":true},{"label":"Low","value":"122.9","className":"is-ohlc","compact":true},{"label":"Close","value":"124.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.84","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"122.5","className":"is-ohlc","compact":true},{"label":"High","value":"122.5","className":"is-ohlc","compact":true},{"label":"Low","value":"116.4","className":"is-ohlc","compact":true},{"label":"Close","value":"117.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.40","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"114.2","className":"is-ohlc","compact":true},{"label":"High","value":"118.4","className":"is-ohlc","compact":true},{"label":"Low","value":"114.2","className":"is-ohlc","compact":true},{"label":"Close","value":"116.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.88","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"115.7","className":"is-ohlc","compact":true},{"label":"High","value":"117.2","className":"is-ohlc","compact":true},{"label":"Low","value":"110.5","className":"is-ohlc","compact":true},{"label":"Close","value":"110.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.22","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"109.0","className":"is-ohlc","compact":true},{"label":"High","value":"113.5","className":"is-ohlc","compact":true},{"label":"Low","value":"108.6","className":"is-ohlc","compact":true},{"label":"Close","value":"111.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.41","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"111.7","className":"is-ohlc","compact":true},{"label":"High","value":"114.9","className":"is-ohlc","compact":true},{"label":"Low","value":"111.6","className":"is-ohlc","compact":true},{"label":"Close","value":"114.8","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":"115.0","className":"is-ohlc","compact":true},{"label":"High","value":"118.6","className":"is-ohlc","compact":true},{"label":"Low","value":"113.2","className":"is-ohlc","compact":true},{"label":"Close","value":"118.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.67","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"117.2","className":"is-ohlc","compact":true},{"label":"High","value":"120.6","className":"is-ohlc","compact":true},{"label":"Low","value":"117.1","className":"is-ohlc","compact":true},{"label":"Close","value":"120.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.63","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"119.6","className":"is-ohlc","compact":true},{"label":"High","value":"120.3","className":"is-ohlc","compact":true},{"label":"Low","value":"117.7","className":"is-ohlc","compact":true},{"label":"Close","value":"118.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.63","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"118.4","className":"is-ohlc","compact":true},{"label":"High","value":"118.5","className":"is-ohlc","compact":true},{"label":"Low","value":"115.5","className":"is-ohlc","compact":true},{"label":"Close","value":"117.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.68","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"117.0","className":"is-ohlc","compact":true},{"label":"High","value":"120.5","className":"is-ohlc","compact":true},{"label":"Low","value":"116.1","className":"is-ohlc","compact":true},{"label":"Close","value":"117.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.60","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"118.3","className":"is-ohlc","compact":true},{"label":"High","value":"119.0","className":"is-ohlc","compact":true},{"label":"Low","value":"116.6","className":"is-ohlc","compact":true},{"label":"Close","value":"117.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.56","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"117.1","className":"is-ohlc","compact":true},{"label":"High","value":"121.0","className":"is-ohlc","compact":true},{"label":"Low","value":"116.9","className":"is-ohlc","compact":true},{"label":"Close","value":"121.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.39","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"122.3","className":"is-ohlc","compact":true},{"label":"High","value":"122.9","className":"is-ohlc","compact":true},{"label":"Low","value":"120.4","className":"is-ohlc","compact":true},{"label":"Close","value":"120.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.26","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"119.9","className":"is-ohlc","compact":true},{"label":"High","value":"120.3","className":"is-ohlc","compact":true},{"label":"Low","value":"119.9","className":"is-ohlc","compact":true},{"label":"Close","value":"119.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.22","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"122.3","className":"is-ohlc","compact":true},{"label":"High","value":"122.3","className":"is-ohlc","compact":true},{"label":"Low","value":"121.7","className":"is-ohlc","compact":true},{"label":"Close","value":"122.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.01","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"123.0","className":"is-ohlc","compact":true},{"label":"High","value":"123.0","className":"is-ohlc","compact":true},{"label":"Low","value":"122.1","className":"is-ohlc","compact":true},{"label":"Close","value":"122.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.14","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"123.3","className":"is-ohlc","compact":true},{"label":"High","value":"123.3","className":"is-ohlc","compact":true},{"label":"Low","value":"122.7","className":"is-ohlc","compact":true},{"label":"Close","value":"122.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.39","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"127.2","className":"is-ohlc","compact":true},{"label":"High","value":"127.4","className":"is-ohlc","compact":true},{"label":"Low","value":"126.5","className":"is-ohlc","compact":true},{"label":"Close","value":"127.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.75","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"124.1","className":"is-ohlc","compact":true},{"label":"High","value":"124.2","className":"is-ohlc","compact":true},{"label":"Low","value":"123.9","className":"is-ohlc","compact":true},{"label":"Close","value":"124.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.82","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"123.4","className":"is-ohlc","compact":true},{"label":"High","value":"123.7","className":"is-ohlc","compact":true},{"label":"Low","value":"123.4","className":"is-ohlc","compact":true},{"label":"Close","value":"123.7","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":"123.7","className":"is-ohlc","compact":true},{"label":"High","value":"124.4","className":"is-ohlc","compact":true},{"label":"Low","value":"122.1","className":"is-ohlc","compact":true},{"label":"Close","value":"123.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.80","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"125.0","className":"is-ohlc","compact":true},{"label":"High","value":"126.4","className":"is-ohlc","compact":true},{"label":"Low","value":"124.4","className":"is-ohlc","compact":true},{"label":"Close","value":"124.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.70","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"125.3","className":"is-ohlc","compact":true},{"label":"High","value":"128.1","className":"is-ohlc","compact":true},{"label":"Low","value":"125.0","className":"is-ohlc","compact":true},{"label":"Close","value":"127.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.78","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"127.6","className":"is-ohlc","compact":true},{"label":"High","value":"129.0","className":"is-ohlc","compact":true},{"label":"Low","value":"126.4","className":"is-ohlc","compact":true},{"label":"Close","value":"126.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.85","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"126.7","className":"is-ohlc","compact":true},{"label":"High","value":"126.7","className":"is-ohlc","compact":true},{"label":"Low","value":"124.3","className":"is-ohlc","compact":true},{"label":"Close","value":"126.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.95","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[109.474,128.625998],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.953129,"state":"Positive and strengthening","context":{"scenario":"positiveSustained","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Extended but supported","detail":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","tone":"caution"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","annotations":[{"label":"Current tape relationship","value":"Extended but supported","detail":"Market Dynamics strengthened this week and remains positive.","tone":"caution"},{"label":"Price location","value":"Distribution zone","detail":"Price is extended; support can persist, but rollover risk must be monitored.","tone":"caution"},{"label":"Latest positioning marker","value":"12 Jun 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Supported","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":32,"relationship":{"sameWeekCorrelation":0.45,"forwardCorrelation":-0.5,"directionalAgreement":59.3,"sample":27,"correlationSample":31,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":2.0,"medianWeeksInZone":2,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":9.1,"averageReturn":9.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":10.4,"averageReturn":10.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.5,"sample":1},{"week":2,"averageReturn":3.9,"sample":1},{"week":3,"averageReturn":6.8,"sample":1},{"week":4,"averageReturn":9.1,"sample":1},{"week":5,"averageReturn":7.1,"sample":1},{"week":6,"averageReturn":6.2,"sample":1},{"week":7,"averageReturn":6.6,"sample":1},{"week":8,"averageReturn":6.0,"sample":1},{"week":9,"averageReturn":9.5,"sample":1},{"week":10,"averageReturn":9.4,"sample":1},{"week":11,"averageReturn":8.5,"sample":1},{"week":12,"averageReturn":10.4,"sample":1},{"week":13,"averageReturn":10.5,"sample":1},{"week":14,"averageReturn":11.0,"sample":1},{"week":15,"averageReturn":15.3,"sample":1},{"week":16,"averageReturn":12.2,"sample":1},{"week":17,"averageReturn":12.0,"sample":1},{"week":18,"averageReturn":12.1,"sample":1},{"week":19,"averageReturn":12.9,"sample":1},{"week":20,"averageReturn":15.5,"sample":1},{"week":21,"averageReturn":14.4,"sample":1},{"week":22,"averageReturn":14.7,"sample":1},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-2.1,"averageReturn":-2.1,"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":-1.8,"sample":2},{"week":2,"averageReturn":-1.8,"sample":2},{"week":3,"averageReturn":-2.7,"sample":1},{"week":4,"averageReturn":-2.1,"sample":1},{"week":5,"averageReturn":0.2,"sample":1},{"week":6,"averageReturn":-0.8,"sample":1},{"week":7,"averageReturn":-0.5,"sample":1},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":3,"completedEpisodes":1,"activeEpisodes":2,"medianExpectedMove":2.0,"averageExpectedMove":2.0,"averageWeeksToLargestMove":2.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-1.3,"medianReturn":-1.3,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-3.1,"medianReturn":-3.1,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":3.9,"medianReturn":3.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.4,"sample":3},{"week":2,"averageReturn":0.6,"sample":3},{"week":3,"averageReturn":0.3,"sample":2},{"week":4,"averageReturn":-1.3,"sample":2},{"week":5,"averageReturn":-3.9,"sample":2},{"week":6,"averageReturn":-3.5,"sample":2},{"week":7,"averageReturn":-1.7,"sample":2},{"week":8,"averageReturn":0.8,"sample":2},{"week":9,"averageReturn":1.4,"sample":2},{"week":10,"averageReturn":0.6,"sample":2},{"week":11,"averageReturn":-3.5,"sample":1},{"week":12,"averageReturn":-3.1,"sample":1},{"week":13,"averageReturn":-3.7,"sample":1},{"week":14,"averageReturn":-0.5,"sample":1},{"week":15,"averageReturn":-0.6,"sample":1},{"week":16,"averageReturn":-1.4,"sample":1},{"week":17,"averageReturn":0.3,"sample":1},{"week":18,"averageReturn":0.4,"sample":1},{"week":19,"averageReturn":0.9,"sample":1},{"week":20,"averageReturn":4.8,"sample":1},{"week":21,"averageReturn":2.0,"sample":1},{"week":22,"averageReturn":1.7,"sample":1},{"week":23,"averageReturn":1.9,"sample":1},{"week":24,"averageReturn":2.6,"sample":1},{"week":25,"averageReturn":4.9,"sample":1},{"week":26,"averageReturn":3.9,"sample":1}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":1.9,"averageExpectedMove":1.9,"averageWeeksToLargestMove":1.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":4.2,"medianReturn":4.2,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":7.9,"medianReturn":7.9,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.4,"sample":2},{"week":2,"averageReturn":4.4,"sample":2},{"week":3,"averageReturn":5.6,"sample":2},{"week":4,"averageReturn":4.2,"sample":2},{"week":5,"averageReturn":4.6,"sample":2},{"week":6,"averageReturn":4.9,"sample":2},{"week":7,"averageReturn":4.8,"sample":2},{"week":8,"averageReturn":8.5,"sample":2},{"week":9,"averageReturn":7.1,"sample":2},{"week":10,"averageReturn":6.5,"sample":2},{"week":11,"averageReturn":7.5,"sample":2},{"week":12,"averageReturn":7.9,"sample":2},{"week":13,"averageReturn":9.4,"sample":2},{"week":14,"averageReturn":11.0,"sample":2},{"week":15,"averageReturn":9.6,"sample":2},{"week":16,"averageReturn":11.4,"sample":1},{"week":17,"averageReturn":11.5,"sample":1},{"week":18,"averageReturn":12.3,"sample":1},{"week":19,"averageReturn":14.9,"sample":1},{"week":20,"averageReturn":13.8,"sample":1},{"week":21,"averageReturn":14.1,"sample":1},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":0.8,"averageExpectedMove":0.8,"averageWeeksToLargestMove":3.5,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":0.4,"medianReturn":0.4,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":6.2,"medianReturn":6.2,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.1,"sample":2},{"week":2,"averageReturn":-0.3,"sample":2},{"week":3,"averageReturn":0.2,"sample":2},{"week":4,"averageReturn":0.4,"sample":2},{"week":5,"averageReturn":0.4,"sample":2},{"week":6,"averageReturn":3.9,"sample":2},{"week":7,"averageReturn":2.5,"sample":2},{"week":8,"averageReturn":2.0,"sample":2},{"week":9,"averageReturn":2.9,"sample":2},{"week":10,"averageReturn":3.3,"sample":2},{"week":11,"averageReturn":4.7,"sample":2},{"week":12,"averageReturn":6.2,"sample":2},{"week":13,"averageReturn":4.9,"sample":2},{"week":14,"averageReturn":4.9,"sample":1},{"week":15,"averageReturn":5.0,"sample":1},{"week":16,"averageReturn":5.8,"sample":1},{"week":17,"averageReturn":8.2,"sample":1},{"week":18,"averageReturn":7.2,"sample":1},{"week":19,"averageReturn":7.4,"sample":1},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":3.4,"averageExpectedMove":3.4,"averageWeeksToLargestMove":11.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-1.9,"medianReturn":-1.9,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":3.4,"medianReturn":3.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.9,"sample":2},{"week":2,"averageReturn":-2.1,"sample":2},{"week":3,"averageReturn":-1.8,"sample":2},{"week":4,"averageReturn":-1.9,"sample":1},{"week":5,"averageReturn":0.8,"sample":1},{"week":6,"averageReturn":3.1,"sample":1},{"week":7,"averageReturn":1.2,"sample":1},{"week":8,"averageReturn":0.3,"sample":1},{"week":9,"averageReturn":0.7,"sample":1},{"week":10,"averageReturn":0.1,"sample":1},{"week":11,"averageReturn":3.4,"sample":1},{"week":12,"averageReturn":3.4,"sample":1},{"week":13,"averageReturn":2.5,"sample":1},{"week":14,"averageReturn":4.3,"sample":1},{"week":15,"averageReturn":4.4,"sample":1},{"week":16,"averageReturn":4.9,"sample":1},{"week":17,"averageReturn":8.9,"sample":1},{"week":18,"averageReturn":6.0,"sample":1},{"week":19,"averageReturn":5.8,"sample":1},{"week":20,"averageReturn":5.9,"sample":1},{"week":21,"averageReturn":6.6,"sample":1},{"week":22,"averageReturn":9.1,"sample":1},{"week":23,"averageReturn":8.1,"sample":1},{"week":24,"averageReturn":8.3,"sample":1},{"week":25,"sample":0},{"week":26,"sample":0}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":0.7,"averageExpectedMove":0.7,"averageWeeksToLargestMove":5.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":0.8,"medianReturn":0.8,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":8.0,"medianReturn":8.0,"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":1.2,"sample":2},{"week":2,"averageReturn":0.5,"sample":2},{"week":3,"averageReturn":2.0,"sample":2},{"week":4,"averageReturn":0.8,"sample":2},{"week":5,"averageReturn":0.4,"sample":2},{"week":6,"averageReturn":2.1,"sample":2},{"week":7,"averageReturn":2.4,"sample":2},{"week":8,"averageReturn":3.1,"sample":2},{"week":9,"averageReturn":3.5,"sample":2},{"week":10,"averageReturn":3.7,"sample":2},{"week":11,"averageReturn":4.0,"sample":1},{"week":12,"averageReturn":8.0,"sample":1},{"week":13,"averageReturn":5.1,"sample":1},{"week":14,"averageReturn":4.9,"sample":1},{"week":15,"averageReturn":5.0,"sample":1},{"week":16,"averageReturn":5.8,"sample":1},{"week":17,"averageReturn":8.2,"sample":1},{"week":18,"averageReturn":7.2,"sample":1},{"week":19,"averageReturn":7.4,"sample":1},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Evidence aligned","tone":"positive","headline":"Price and Market Dynamics remain aligned upward","use":"The advance retains underlying support while price structure and Market Dynamics remain intact.","confirm":"The advance remains supported. Reclassify it only if the broader Market Dynamics path weakens or price structure breaks.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"distribution","zoneContext":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":0.0,"averageReturn":-3.1,"sample":1},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price structure is upward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Trend participation","title":"Let confirmation support the position, then manage extension","tone":"positive","approach":"This is most useful for holding or selectively adding to an established upward case. Risk should still tighten as price becomes extended; confirmation is support, not immunity from reversal.","finding":"In this ticker's completed record, 0.0% of comparable cases moved higher after 12 weeks, with an average move of -3.1% across 1 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 0.8% across 2 completed cases, with the largest move arriving after 3.5 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2026-06-12","price":121.980003}],"reversal_warnings":[{"date":"2026-04-10","price":117.959999},{"date":"2026-06-12","price":121.980003}],"reversal_dangers":[{"date":"2026-01-16","price":121.139999},{"date":"2026-04-17","price":120.599998},{"date":"2026-06-26","price":122.699997},{"date":"2026-07-10","price":124.019997}]}},"smTape":{"available":true,"dates":["2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[108.86,109.58,108.68,108.84,104.18,105.62,107.08,109.56,108.12,109.78,109.72,109.78,108.92,113.86,114.04,113.36,114.62,112.4,110.86,113.14,111.84,113.8,114.36,113.94,115.14,115.58,116.42,120.2,121.14,119.56,119.56,120.5,121.62,123.92,124.08,117.0,116.4,110.5,111.08,114.8,117.96,120.6,118.4,117.36,117.8,117.16,120.98,120.92,119.92,121.98,122.12,122.7,127.4,124.02,123.74,123.9,124.78,127.6,126.42,126.72],"consensus":[100.0,-36.9231,-100.0,0.0,-99.9,-19.8455,0.0,55.1858,-10.7294,65.7557,33.7231,22.5219,0.0,71.6625,34.9758,35.8641,54.1029,-17.2066,-33.5372,29.1813,-15.4434,57.3555,43.017,0.0,52.64,43.0766,49.3456,83.2729,68.7501,23.2619,33.4921,48.6591,49.0676,78.9846,54.5983,-57.702,-26.1374,-72.4707,-29.3577,12.743,33.4217,53.0635,0.0,0.0,0.0,-20.8234,56.0365,15.13,0.0,37.1826,10.395,15.1496,71.5541,10.4298,35.7866,25.0312,8.8493,64.3323,0.0,41.145],"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":[-34.8601,52.8083,25.6422,22.7536,0.0,73.6913,17.4364,23.7961,57.2392,-24.3463,-36.6181,38.2513,-12.8108,54.0749,38.3347,0.0,61.5008,48.7963,56.5087,87.4628,66.4792,25.7479,27.9743,55.5455,61.31,83.1142,60.9177,-52.172,-13.7104,-77.117,-19.0845,26.5807,39.7607,60.2312,0.0,0.0,0.0,-16.531,58.8381,5.6917,0.0,35.8754,1.2521,6.2693,77.0288,3.5507,40.0511,26.5842,17.122,66.063,0.0,39.3423],"force":[-28.5835,90.3332,12.4299,5.4655,0.0,57.5703,2.4168,4.8795,32.1911,-46.9191,-44.5694,20.5744,-25.9584,86.9835,41.3908,0.0,39.5544,25.3986,31.5,98.1759,71.0323,34.8621,7.5322,43.7292,31.2999,89.2556,27.9693,-89.8496,-16.686,-73.0382,-4.9855,61.0711,46.7503,53.5303,0.0,0.0,0.0,-28.1667,75.8353,4.6281,0.0,25.9245,10.1348,7.3292,74.4666,22.1003,28.9117,13.2459,9.1333,74.3869,0.0,38.6429],"direction":[-29.6014,62.9974,58.1678,34.4404,0.0,79.4098,78.2772,71.788,66.1698,-12.1763,-22.1359,24.9635,-10.9414,39.942,49.5299,0.0,51.8601,49.1669,53.9059,67.8394,69.7152,61.9378,58.3409,44.3104,47.7674,66.9285,66.3968,-41.0595,-47.0907,-66.7554,-65.6294,37.5914,16.6568,44.5384,0.0,0.0,0.0,-20.4838,38.6927,40.0295,0.0,46.7181,35.508,41.3547,63.217,41.5274,35.8234,31.6744,12.2395,55.1725,0.0,44.9923],"intensity":[37.5,55.5556,60.0,9.0909,16.6667,100.0,92.8571,60.0,62.5,64.7059,61.1111,68.4211,55.0,52.381,81.8182,8.6957,20.8333,12.0,19.2308,85.1852,78.5714,34.4828,20.0,22.5806,28.125,72.7273,35.2941,100.0,86.1111,97.2973,78.9474,79.4872,77.5,82.9268,54.7619,58.1395,50.0,31.1111,82.6087,72.3404,70.8333,48.9796,6.0,5.8824,92.3077,71.1538,5.7692,25.0,63.4615,73.0769,28.8462,65.3846],"confirmation":[32.5915,89.9881,78.2656,52.017,29.2463,90.4716,55.8006,56.0495,84.5973,31.5671,79.0212,76.9375,73.3025,87.3067,81.7872,6.6844,84.311,81.1586,83.1376,95.0377,90.1042,35.7384,55.3437,83.3157,82.9736,93.5252,84.5636,87.5287,76.2653,91.1371,54.9013,36.0259,79.0046,84.8853,29.1255,25.1121,1.4252,74.9527,86.4924,28.0373,4.8768,79.5753,5.0021,28.5283,90.9027,7.1657,79.1772,75.6271,26.7728,88.8664,9.0321,89.1176],"persistence":[50.0,25.0,0.0,12.5,25.0,50.0,62.5,62.5,87.5,62.5,37.5,37.5,25.0,25.0,25.0,12.5,12.5,37.5,62.5,62.5,87.5,87.5,87.5,100.0,100.0,100.0,100.0,75.0,50.0,25.0,0.0,0.0,0.0,0.0,12.5,0.0,12.5,12.5,37.5,37.5,25.0,25.0,37.5,50.0,62.5,87.5,87.5,87.5,100.0,100.0,87.5,87.5],"assessmentRisk":[53.0544,15.3937,26.8532,5.3843,24.0351,11.876,30.6705,28.5397,22.4206,24.8993,29.9968,20.2971,37.3544,3.0208,26.3172,17.7916,20.8833,16.0311,21.1627,8.3187,15.5716,37.5034,31.7141,13.6707,7.1075,10.4107,22.6348,15.7934,35.561,13.7549,35.3081,36.9433,6.9288,23.315,49.3156,33.7012,4.7263,29.6444,5.0442,32.4153,31.7736,28.9137,21.6102,29.0682,14.16,31.0017,14.0685,14.0996,47.8053,14.7965,40.2524,24.5451],"volumeParticipation":true,"latest":{"consensus":41.1,"control":39.3,"force":38.6,"direction":45.0,"confirmation":89.1,"persistence":87.5,"assessmentRisk":24.5,"intensity":65.4,"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 strengthening","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Established","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+41.1","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+39.3","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+38.6","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+45.0","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"89/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"62.8","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"2.2%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"21.9","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"89%","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":[108.86,109.58,108.68,108.84,104.18,105.62,107.08,109.56,108.12,109.78,109.72,109.78,108.92,113.86,114.04,113.36,114.62,112.4,110.86,113.14,111.84,113.8,114.36,113.94,115.14,115.58,116.42,120.2,121.14,119.56,119.56,120.5,121.62,123.92,124.08,117.0,116.4,110.5,111.08,114.8,117.96,120.6,118.4,117.36,117.8,117.16,120.98,120.92,119.92,121.98,122.12,122.7,127.4,124.02,123.74,123.9,124.78,127.6,126.42,126.72],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,108.0559,107.613,107.5161,107.8877,107.93,108.2663,108.5306,108.7578,108.7873,109.7096,110.4969,111.0175,111.6725,111.8048,111.633,111.907,111.8948,112.2412,112.6264,112.8653,113.2789,113.6973,114.1923,115.2846,116.3492,116.933,117.4106,117.9723,118.6355,119.5964,120.4116,119.7913,119.1747,117.5975,116.4125,116.1193,116.454,117.2078,117.4246,117.4128,117.4832,117.4245,118.0709,118.5889,118.8309,119.4035,119.8974,120.407,121.6784,122.1042,122.4016,122.674,123.0569,123.8829,124.3442,124.7762],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,108.6368,109.0237,109.3953,109.689,110.0542,110.228,110.2748,110.487,110.5873,110.8252,111.0871,111.2984,111.583,111.879,112.2154,112.8069,113.4241,113.8786,114.2995,114.7588,115.267,115.908,116.5133,116.5494,116.5383,116.091,115.7198,115.6517,115.8227,116.1766,116.3413,116.4167,116.5192,116.5667,116.8936,117.1918,117.3939,117.7336,118.0585,118.4023,119.0688,119.4356,119.7544,120.0615,120.411,120.9436,121.3492,121.747],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,111.5579,111.6849,111.783,111.7089,113.0466,114.0207,114.5567,115.284,115.4177,115.3421,115.5524,115.7258,116.1444,116.6171,116.9692,116.9183,116.9775,117.2617,118.6682,119.8917,120.6205,121.1909,121.8068,122.3612,123.6839,124.8393,124.8647,124.8848,125.0564,125.0346,124.9903,124.9284,125.2054,125.2505,125.1983,125.2038,125.1966,125.4619,125.5396,125.4085,125.6823,125.9645,126.2429,127.3485,127.3652,127.3087,127.8434,128.4397,128.7638,128.5531,128.7775],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,104.5021,104.6824,104.8503,105.0172,104.4648,104.1953,104.1908,104.0807,104.249,104.4327,104.5476,104.6722,104.6756,104.7709,104.9288,106.0757,107.0125,107.6623,107.3198,107.3983,107.6475,108.0611,108.5172,109.2328,108.9161,108.7647,109.1033,109.2612,108.8996,108.9434,109.1537,109.8276,110.2306,110.5895,110.9837,111.2442,111.4094,111.6001,111.5944,111.6035,111.5717,111.5455,111.4871,110.9595,110.9528,110.9753,111.1306,111.3723,112.7582,114.5029,115.4705],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"relative","eyebrow":"Relative leadership","title":"Strength versus the research benchmark","description":"Relative performance is separated from absolute price direction to reveal leadership and lagging pressure.","reason":"Selected because benchmark-relative leadership is strengthening, fading or diverging from price.","series":[{"label":"Relative strength","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-13.3403,-11.7936,-12.6548,-10.8342,-11.6187,-10.6986,-11.1022,-12.7181,-10.8725],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,74.9303,54.8747,77.9944,77.1588,77.9944,66.0167,100.0,91.4657,85.1577,96.846,76.2523,61.9666,83.1169,71.0575,89.2394,94.4342,90.5381,100.0,98.1067,97.92,100.0,98.8345,89.627,89.3285,94.7566,97.6996,100.0,100.0,54.6735,50.8323,13.0602,15.912,39.9741,60.4139,77.4903,63.26,56.533,59.379,55.2393,79.9483,79.5601,73.0918,86.4166,87.3221,91.0737,100.0,82.0021,80.5112,81.3632,86.049,97.2336,87.2549,88.7255],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-1.6164,-2.9095,-1.4188,-1.4727,-1.4188,-2.1911,0.0,-0.8003,-1.3918,-0.2958,-2.2269,-3.5665,-1.5832,-2.714,-1.009,-0.5219,-0.8873,0.0,-0.19,-0.2228,0.0,-0.1648,-1.467,-1.467,-0.6923,-0.2788,0.0,0.0,-5.706,-6.1896,-10.9446,-10.4771,-7.479,-4.9323,-2.8046,-4.5777,-5.4159,-5.0612,-5.577,-2.4984,-2.5467,-3.3527,-1.6925,-1.5796,-1.1122,0.0,-2.6531,-2.8728,-2.7473,-2.0565,-0.4214,-2.0152,-1.7827],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,5.1641,3.7819,5.3753,5.3177,5.3753,4.5498,9.2916,9.4644,8.8117,10.0211,7.8902,6.412,8.6005,7.3527,9.234,9.7716,9.3684,10.5203,10.9426,11.7489,15.3772,16.2795,14.7629,14.2366,14.4132,13.4727,15.4247,15.5738,7.8739,7.3207,1.8809,2.2648,5.6896,8.5988,11.0293,9.0039,8.0464,8.4515,7.8623,11.3791,11.3239,10.4032,12.2998,12.4286,12.9626,17.2896,14.1779,13.9201,14.0674,14.8776,17.4738,16.3874,16.6636],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,0.0883,0.4913,0.8159,1.0067,1.2452,1.2407,1.1003,1.1595,1.0891,1.1778,1.2786,1.3095,1.4145,1.5157,1.6448,2.0287,2.3813,2.5044,2.5724,2.6712,2.8076,3.0659,3.2462,2.7856,2.3451,1.5026,0.8717,0.6642,0.7462,1.0125,1.0341,0.9563,0.9195,0.8291,1.0537,1.2127,1.2438,1.4183,1.55,1.6818,2.1408,2.2064,2.2104,2.201,2.2388,2.4678,2.525,2.565],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.601,0.7289,0.8032,0.8745,0.9174,0.9695,1.0313,1.0869,1.1524,1.2251,1.309,1.453,1.6386,1.8118,1.9639,2.1054,2.2458,2.4098,2.5771,2.6188,2.5641,2.3518,2.0558,1.7775,1.5712,1.4595,1.3744,1.2908,1.2165,1.139,1.122,1.1401,1.1609,1.2123,1.2799,1.3603,1.5164,1.6544,1.7656,1.8527,1.9299,2.0375,2.135,2.221],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.6442,0.5118,0.2971,0.2851,0.1717,0.2083,0.2473,0.2225,0.262,0.2906,0.3357,0.5757,0.7427,0.6926,0.6084,0.5659,0.5618,0.6561,0.669,0.1668,-0.219,-0.8491,-1.184,-1.1132,-0.825,-0.447,-0.3403,-0.3345,-0.297,-0.3099,-0.0683,0.0726,0.083,0.206,0.2701,0.3215,0.6245,0.552,0.4448,0.3483,0.3089,0.4304,0.39,0.344],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,21.8832,23.2538,24.8407,25.3324,25.8746,26.5785,27.5646,29.0259,30.4241,28.2589,27.003,26.8661,27.1751,26.8717,25.2863,23.7354,22.2952,21.1408,19.8136,18.5811,18.035,18.0617,17.8865,18.2666,18.7929,19.3808,20.8484,21.1323,21.1918,20.7485,20.8556,21.3873,22.0848,21.8634],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,30.4377,33.7385,30.3036,29.9478,26.502,24.2485,28.3555,25.9314,26.3042,29.0404,27.7143,27.0446,28.3251,30.3932,39.0087,40.3145,35.7339,34.6608,34.4292,35.7487,39.5765,38.4144,29.6016,26.0486,21.6524,19.1169,20.7826,26.5427,28.8626,27.0165,25.1961,27.1367,25.6606,27.645,30.3941,29.6425,32.7739,33.6679,33.588,39.724,36.3194,35.7016,33.5241,36.4525,37.8862,37.6138,35.2509],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,14.7088,14.0109,20.4288,19.0586,24.6962,28.1862,24.0472,26.8359,24.1493,22.906,21.8601,20.8045,19.8516,18.8888,16.2945,15.1118,18.5216,17.4907,16.3031,15.1815,13.8971,13.2868,29.5357,32.2751,36.1534,36.4497,33.1469,29.1472,26.8711,25.1524,28.4888,25.7822,24.3798,22.1952,20.9431,21.6382,20.4272,19.9284,19.2968,17.0541,21.8742,22.8424,24.7855,23.1845,21.1729,19.7453,24.0015],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"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,0.0,0.0,250.0,0.0,0.0,0.0,200.0,0.0,0.0,111.8099,111.0811,0.0,0.0,536.5854,447.6848,75.5029,300.0487,0.0,0.0,148.711,131.8124,232.9227,107.748,122.8474,107.1317,0.0,108.3672,0.0,102.7973,146.8512,49.015,38.2766,88.8771,0.0,0.0,0.0,0.0,80.2506,77.1547,80.3705,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,172.9189,214.0646,0.0,0.0,0.0],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,70.8333,70.8333,88.3333,88.3333,88.3333,88.3333,100.0,100.0,100.0,105.7494,100.0,100.0,100.0,65.8393,102.56,108.3094,82.458,82.458,82.458,93.9568,104.8681,126.6906,117.0174,117.0174,127.8447,127.8447,135.0,135.0,125.1462,110.3655,105.4385,109.3611,118.8928,118.8928,118.8928,118.8928,118.8928,123.9903,118.8928,123.9903,123.9903,123.9903,123.9903,123.9903,123.9903,123.9903,123.9903,123.9903,128.5761,133.1619,133.1619,133.1619,133.1619],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/f1cf4298-1530-4788-b8b7-72e60ab2a907/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/f1cf4298-1530-4788-b8b7-72e60ab2a907/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/f1cf4298-1530-4788-b8b7-72e60ab2a907/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/f1cf4298-1530-4788-b8b7-72e60ab2a907/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/f1cf4298-1530-4788-b8b7-72e60ab2a907/technical-pack/data.json"},"source_fingerprint":"285db3a974c0620f882e31cce47dfc80297d41ebeea82f29c30560c7c054ec4a","content_hash":"7782f55a9e7049cb204cd918dffc378e9b0d98635edc1dc3484d10d809a29497","citation":"Sharemaestro, AM11 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/f1cf4298-1530-4788-b8b7-72e60ab2a907/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."}