{"schema_version":"1.0","name":"SHL Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"f59fc76d-202e-48de-ad9c-adf0d2b1a07d","symbol":"SHL","name":"Siemens Healthineers AG","exchange":"GER","country":"DE","asset_type":"equity","currency":"EUR","sector":"Healthcare","industry":"Medical Devices"},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Strength versus the research benchmark, Drawdown and recovery pressure, Acceleration, deceleration and rollover, Range position and boundary pressure, Range pressure and compression."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","evidenceAlignment":{"status":"Underlying strength ahead of price","headline":"Market Dynamics is improving before price has fully responded","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","take":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-08-23","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":[-0.998166,-0.963917,-1.036589,-1.111531,-1.134829,-0.853068,-0.634302,-0.306284,-0.023451,-0.14612,-0.177982,0.053896,0.083212,0.069621,0.174775,-0.049448,0.169634,0.403196,0.528734,0.438548,0.277572,0.260826,0.394303,0.807176,1.126449,1.370075,1.508753,1.515476,1.270918,0.970141,0.566191,0.130963,-0.234731,-0.549149,-0.880559,-1.063517,-1.046241,-1.022583,-0.822804,-0.7797,-0.708992,-0.660837,-0.716517,-0.531892,-0.446338,-0.30303,-0.004596,0.077592,0.22792,0.366418,0.247313,0.253932,0.209147,0.170753,0.280123,0.447668,0.5875,0.515976,0.639745,0.553049,0.554692,0.819296,0.80587,0.659833,0.324548,-0.187243,-0.625491,-0.793191,-0.777499,-0.604674,-0.550872,-0.487311,-0.313821,-0.218181,-0.141708,-0.196677,-0.324844,-0.385084,-0.249553,0.006161,-0.002327,-0.252604,-0.532038,-0.922206,-1.147569,-1.157952,-1.161842,-1.13007,-1.129874,-1.093032,-1.148296,-1.11136,-1.09348,-1.117305,-0.967702,-0.776233,-0.505137,-0.197329,-0.003145,0.228206,0.335249,0.631766,0.958852,1.140544],"opens":[49.493361,49.147658,50.51127,48.744334,47.745632,46.382022,51.663618,49.896683,50.607302,50.357622,48.052927,46.439639,50.357619,47.889674,48.014514,49.358925,49.45495,51.279502,49.723828,48.878776,49.166864,49.205277,49.935093,51.164264,51.721236,54.064343,54.832573,54.626853,52.341784,51.619158,50.974652,50.720752,49.216902,40.437935,43.504225,43.689766,45.847891,46.804885,46.424038,47.947416,46.326385,44.929952,45.506102,44.724884,44.861594,45.974838,44.920189,44.48075,45.037372,47.390799,45.3108,45.652584,45.965071,46.873239,46.355684,46.248263,46.619346,46.199438,44.461219,46.736529,46.277558,46.804884,48.347791,47.273617,43.055023,43.172206,41.014086,41.932019,42.303101,42.859719,43.533526,43.689769,43.045261,45.418215,43.963193,42.283567,41.355867,41.380001,40.799999,42.07,40.5,40.560001,38.830002,36.029999,35.73,35.75,37.299999,38.41,35.259998,35.0,33.619999,33.150002,34.880001,34.700001,34.709999,34.23,34.419998,34.950001,34.0,34.799999,34.720001,35.599998,37.959999,39.5],"highs":[49.800656,50.741739,50.703327,48.840365,48.571485,51.913294,52.009321,50.99141,51.202681,50.645712,48.609894,50.991414,50.722531,48.148953,49.435744,50.165569,52.028528,51.721234,50.31921,49.896681,50.357624,50.357625,52.527879,53.334528,56.119364,56.157777,55.523985,54.626853,53.181597,51.619158,51.990236,51.013713,49.314553,45.164321,44.041315,45.857653,47.01972,47.28338,48.464977,48.220846,46.892771,45.584228,45.926009,45.418217,46.619347,46.541221,46.883005,45.808827,46.97089,48.826293,45.51587,46.297092,47.166197,46.873239,46.609578,47.800942,47.009954,46.258027,46.52169,47.693522,46.902537,48.5431,48.533335,48.093899,44.119437,43.172206,42.058969,42.488636,43.06479,43.777657,43.797184,43.86554,46.043196,46.150609,43.963193,42.596055,42.254273,41.52,42.529999,42.57,41.650002,40.73,38.860001,37.349998,36.98,38.419998,39.459999,38.799999,35.740002,36.59,34.459999,35.009998,35.599998,35.150002,35.150002,34.639999,34.799999,35.040001,34.869999,35.709999,35.540001,38.099998,39.740002,39.759998],"lows":[48.513866,48.821158,48.072135,47.54397,45.892273,46.113142,49.762245,48.609894,48.936393,48.821158,45.431333,46.026714,47.409534,46.852567,47.976102,48.417835,49.45495,49.608594,49.531773,48.744332,48.859573,48.609895,49.339714,50.91459,51.202676,53.641817,53.572208,51.619155,50.564508,50.017655,49.783286,48.904416,42.830425,40.242629,42.869486,43.152674,45.672116,44.851832,46.424038,44.998314,45.232677,44.187794,44.431927,43.865538,44.803005,45.14479,44.539345,44.412393,44.344038,45.154557,44.226857,44.676055,45.750234,45.867421,45.174084,45.965069,45.642818,42.390988,44.295211,46.023664,45.135024,46.677935,47.078309,41.990613,41.619529,40.008266,40.721129,40.750425,41.824602,42.703475,43.299158,43.103851,42.986668,45.213146,42.039438,40.769953,40.144977,39.91,40.59,41.5,40.07,38.369999,36.509998,35.5,35.439999,35.52,37.049999,35.200001,33.240002,33.439999,33.099998,32.810001,34.389999,34.66,34.43,34.0,33.970001,34.599998,34.0,33.959999,33.779999,35.099998,37.959999,38.75],"closes":[49.358921,50.492065,48.533073,47.812855,46.180359,51.778851,49.762245,50.607296,50.357624,49.282097,46.420433,50.127155,48.18737,47.822456,49.282097,49.397331,51.37553,50.03112,50.03112,49.166862,49.435745,50.069534,51.356323,52.777557,53.987522,55.024632,54.431553,52.498028,51.150425,51.01371,50.544975,49.509861,43.523758,42.508167,43.611645,45.740471,46.883003,45.955307,48.191547,45.418217,45.486576,45.554932,44.578407,45.144791,45.799065,45.633053,44.998314,45.027607,46.843945,45.340096,45.340096,45.965073,46.85371,46.19944,46.131081,46.502159,46.043194,44.187794,46.52169,46.101784,46.658405,48.367325,47.429859,42.273804,42.840187,40.789486,41.834366,42.488636,42.996433,43.41634,43.455399,43.103851,45.418217,45.213146,42.283569,41.180092,41.400002,40.68,42.349998,42.139999,40.41,38.779999,36.549999,35.759998,35.990002,37.77,38.91,35.43,34.880001,33.639999,33.400002,34.5,34.919998,34.84,34.630001,34.23,34.220001,34.970001,34.59,35.119999,35.060001,36.86,39.509998,39.310001],"pressureRange":[-1.727643,1.727643],"priceRange":[33.400002,55.024632],"zones":{"accumulationBoundary":0.065882,"distributionBoundary":0.934118},"latest":1.140544,"state":"Positive Market Dynamics ahead of price","context":{"scenario":"dynamicsAhead","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"diagnosis":{"label":"Underlying strength ahead of price","detail":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","annotations":[{"label":"Current tape relationship","value":"Underlying strength ahead of price","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"17 Jul 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"positive"},{"label":"Market Dynamics confirmation","value":"Leading price","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.34,"forwardCorrelation":-0.13,"directionalAgreement":46.7,"sample":255,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"averageWeeksInZone":2.3,"medianWeeksInZone":3,"averageWeeksToHigher":2.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"medianReturn":3.6,"averageReturn":5.9,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":9.6,"averageReturn":9.6,"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":-0.1,"sample":3},{"week":2,"averageReturn":0.9,"sample":3},{"week":3,"averageReturn":3.8,"sample":3},{"week":4,"averageReturn":5.9,"sample":3},{"week":5,"averageReturn":6.0,"sample":3},{"week":6,"averageReturn":1.5,"sample":2},{"week":7,"averageReturn":4.1,"sample":2},{"week":8,"averageReturn":9.0,"sample":2},{"week":9,"averageReturn":8.2,"sample":2},{"week":10,"averageReturn":4.4,"sample":1},{"week":11,"averageReturn":4.2,"sample":1},{"week":12,"averageReturn":9.6,"sample":1},{"week":13,"averageReturn":17.4,"sample":1},{"week":14,"averageReturn":16.9,"sample":1},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"averageWeeksInZone":2.0,"medianWeeksInZone":2.0,"averageWeeksToLower":2.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-4.3,"averageReturn":-4.3,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-9.4,"averageReturn":-9.4,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-13.4,"averageReturn":-13.4,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.6,"sample":2},{"week":2,"averageReturn":-1.6,"sample":2},{"week":3,"averageReturn":-2.2,"sample":2},{"week":4,"averageReturn":-4.3,"sample":2},{"week":5,"averageReturn":-6.5,"sample":2},{"week":6,"averageReturn":-8.3,"sample":2},{"week":7,"averageReturn":-7.4,"sample":2},{"week":8,"averageReturn":-13.9,"sample":2},{"week":9,"averageReturn":-14.2,"sample":2},{"week":10,"averageReturn":-12.9,"sample":2},{"week":11,"averageReturn":-10.2,"sample":2},{"week":12,"averageReturn":-9.4,"sample":2},{"week":13,"averageReturn":-8.8,"sample":2},{"week":14,"averageReturn":-8.0,"sample":2},{"week":15,"averageReturn":-11.1,"sample":2},{"week":16,"averageReturn":-10.4,"sample":2},{"week":17,"averageReturn":-10.6,"sample":2},{"week":18,"averageReturn":-9.9,"sample":2},{"week":19,"averageReturn":-10.9,"sample":2},{"week":20,"averageReturn":-10.5,"sample":2},{"week":21,"averageReturn":-14.5,"sample":2},{"week":22,"averageReturn":-14.0,"sample":2},{"week":23,"averageReturn":-12.8,"sample":2},{"week":24,"averageReturn":-11.2,"sample":2},{"week":25,"averageReturn":-11.6,"sample":2},{"week":26,"averageReturn":-13.4,"sample":2}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":19,"completedEpisodes":18,"activeEpisodes":1,"medianExpectedMove":6.9,"averageExpectedMove":7.2,"averageWeeksToLargestMove":6.2,"horizons":[{"weeks":4,"sample":19,"expectedCount":12,"expectedPercent":63.2,"averageReturn":0.4,"medianReturn":1.5,"confidenceLow":41.0,"confidenceHigh":80.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":9,"expectedPercent":50.0,"averageReturn":-1.3,"medianReturn":1.1,"confidenceLow":29.0,"confidenceHigh":71.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":17,"expectedCount":4,"expectedPercent":23.5,"averageReturn":-7.3,"medianReturn":-8.7,"confidenceLow":9.6,"confidenceHigh":47.3,"confidence":"Historically adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.6,"sample":19},{"week":2,"averageReturn":-0.2,"sample":19},{"week":3,"averageReturn":0.1,"sample":19},{"week":4,"averageReturn":0.4,"sample":19},{"week":5,"averageReturn":-1.1,"sample":18},{"week":6,"averageReturn":-1.5,"sample":18},{"week":7,"averageReturn":-1.6,"sample":18},{"week":8,"averageReturn":-0.9,"sample":18},{"week":9,"averageReturn":-0.8,"sample":18},{"week":10,"averageReturn":-1.4,"sample":18},{"week":11,"averageReturn":-1.7,"sample":18},{"week":12,"averageReturn":-1.3,"sample":18},{"week":13,"averageReturn":-2.2,"sample":18},{"week":14,"averageReturn":-2.0,"sample":18},{"week":15,"averageReturn":-3.6,"sample":18},{"week":16,"averageReturn":-5.0,"sample":18},{"week":17,"averageReturn":-5.3,"sample":18},{"week":18,"averageReturn":-5.8,"sample":18},{"week":19,"averageReturn":-5.9,"sample":18},{"week":20,"averageReturn":-5.1,"sample":18},{"week":21,"averageReturn":-5.9,"sample":18},{"week":22,"averageReturn":-5.9,"sample":18},{"week":23,"averageReturn":-5.9,"sample":18},{"week":24,"averageReturn":-5.6,"sample":18},{"week":25,"averageReturn":-6.9,"sample":17},{"week":26,"averageReturn":-7.3,"sample":17}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":24,"completedEpisodes":22,"activeEpisodes":2,"medianExpectedMove":8.5,"averageExpectedMove":8.3,"averageWeeksToLargestMove":5.5,"horizons":[{"weeks":4,"sample":24,"expectedCount":13,"expectedPercent":54.2,"averageReturn":-0.7,"medianReturn":-0.5,"confidenceLow":35.1,"confidenceHigh":72.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":22,"expectedCount":12,"expectedPercent":54.5,"averageReturn":-1.2,"medianReturn":-0.6,"confidenceLow":34.7,"confidenceHigh":73.1,"confidence":"Mixed historical record"},{"weeks":26,"sample":20,"expectedCount":12,"expectedPercent":60.0,"averageReturn":-4.5,"medianReturn":-3.0,"confidenceLow":38.7,"confidenceHigh":78.1,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.2,"sample":24},{"week":2,"averageReturn":-1.0,"sample":24},{"week":3,"averageReturn":-1.0,"sample":24},{"week":4,"averageReturn":-0.7,"sample":24},{"week":5,"averageReturn":0.6,"sample":24},{"week":6,"averageReturn":-0.2,"sample":23},{"week":7,"averageReturn":-0.3,"sample":23},{"week":8,"averageReturn":0.2,"sample":23},{"week":9,"averageReturn":-1.6,"sample":22},{"week":10,"averageReturn":-1.8,"sample":22},{"week":11,"averageReturn":-1.7,"sample":22},{"week":12,"averageReturn":-1.2,"sample":22},{"week":13,"averageReturn":-2.0,"sample":22},{"week":14,"averageReturn":-2.0,"sample":22},{"week":15,"averageReturn":-2.6,"sample":22},{"week":16,"averageReturn":-2.1,"sample":22},{"week":17,"averageReturn":-3.8,"sample":21},{"week":18,"averageReturn":-4.3,"sample":21},{"week":19,"averageReturn":-3.4,"sample":21},{"week":20,"averageReturn":-2.2,"sample":21},{"week":21,"averageReturn":-3.0,"sample":21},{"week":22,"averageReturn":-2.8,"sample":21},{"week":23,"averageReturn":-1.8,"sample":21},{"week":24,"averageReturn":-3.4,"sample":20},{"week":25,"averageReturn":-3.9,"sample":20},{"week":26,"averageReturn":-4.5,"sample":20}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":21,"completedEpisodes":19,"activeEpisodes":2,"medianExpectedMove":9.9,"averageExpectedMove":9.3,"averageWeeksToLargestMove":7.5,"horizons":[{"weeks":4,"sample":21,"expectedCount":11,"expectedPercent":52.4,"averageReturn":-1.2,"medianReturn":-0.9,"confidenceLow":32.4,"confidenceHigh":71.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":19,"expectedCount":14,"expectedPercent":73.7,"averageReturn":-3.8,"medianReturn":-5.5,"confidenceLow":51.2,"confidenceHigh":88.2,"confidence":"Historically consistent"},{"weeks":26,"sample":17,"expectedCount":10,"expectedPercent":58.8,"averageReturn":-1.8,"medianReturn":-3.2,"confidenceLow":36.0,"confidenceHigh":78.4,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.5,"sample":21},{"week":2,"averageReturn":-0.3,"sample":21},{"week":3,"averageReturn":-1.1,"sample":21},{"week":4,"averageReturn":-1.2,"sample":21},{"week":5,"averageReturn":-2.0,"sample":21},{"week":6,"averageReturn":-1.2,"sample":21},{"week":7,"averageReturn":-1.9,"sample":20},{"week":8,"averageReturn":-1.7,"sample":20},{"week":9,"averageReturn":-2.4,"sample":20},{"week":10,"averageReturn":-2.4,"sample":20},{"week":11,"averageReturn":-2.5,"sample":20},{"week":12,"averageReturn":-3.8,"sample":19},{"week":13,"averageReturn":-4.6,"sample":19},{"week":14,"averageReturn":-4.2,"sample":19},{"week":15,"averageReturn":-3.0,"sample":19},{"week":16,"averageReturn":-3.4,"sample":19},{"week":17,"averageReturn":-2.4,"sample":19},{"week":18,"averageReturn":-3.1,"sample":18},{"week":19,"averageReturn":-2.6,"sample":18},{"week":20,"averageReturn":-2.1,"sample":18},{"week":21,"averageReturn":-2.9,"sample":18},{"week":22,"averageReturn":-2.2,"sample":18},{"week":23,"averageReturn":-2.5,"sample":18},{"week":24,"averageReturn":-2.1,"sample":18},{"week":25,"averageReturn":-1.9,"sample":18},{"week":26,"averageReturn":-1.8,"sample":17}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":17,"completedEpisodes":17,"activeEpisodes":0,"medianExpectedMove":5.3,"averageExpectedMove":7.1,"averageWeeksToLargestMove":6.5,"horizons":[{"weeks":4,"sample":17,"expectedCount":8,"expectedPercent":47.1,"averageReturn":-1.1,"medianReturn":-1.2,"confidenceLow":26.2,"confidenceHigh":69.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":17,"expectedCount":9,"expectedPercent":52.9,"averageReturn":-1.0,"medianReturn":0.7,"confidenceLow":31.0,"confidenceHigh":73.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":17,"expectedCount":5,"expectedPercent":29.4,"averageReturn":-8.7,"medianReturn":-8.3,"confidenceLow":13.3,"confidenceHigh":53.1,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.0,"sample":17},{"week":2,"averageReturn":-0.7,"sample":17},{"week":3,"averageReturn":-0.3,"sample":17},{"week":4,"averageReturn":-1.1,"sample":17},{"week":5,"averageReturn":-0.2,"sample":17},{"week":6,"averageReturn":-1.1,"sample":17},{"week":7,"averageReturn":-0.3,"sample":17},{"week":8,"averageReturn":-0.3,"sample":17},{"week":9,"averageReturn":-0.2,"sample":17},{"week":10,"averageReturn":0.4,"sample":17},{"week":11,"averageReturn":-0.8,"sample":17},{"week":12,"averageReturn":-1.0,"sample":17},{"week":13,"averageReturn":-1.1,"sample":17},{"week":14,"averageReturn":-2.0,"sample":17},{"week":15,"averageReturn":-3.3,"sample":17},{"week":16,"averageReturn":-4.2,"sample":17},{"week":17,"averageReturn":-4.3,"sample":17},{"week":18,"averageReturn":-5.5,"sample":17},{"week":19,"averageReturn":-4.9,"sample":17},{"week":20,"averageReturn":-5.3,"sample":17},{"week":21,"averageReturn":-5.2,"sample":17},{"week":22,"averageReturn":-6.8,"sample":17},{"week":23,"averageReturn":-7.4,"sample":17},{"week":24,"averageReturn":-7.8,"sample":17},{"week":25,"averageReturn":-7.5,"sample":17},{"week":26,"averageReturn":-8.7,"sample":17}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Underlying strength ahead of price","tone":"caution","headline":"Underlying strength is leading price","use":"A positive price response is needed before the early upside case is confirmed.","confirm":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":52.9,"averageReturn":-1.0,"sample":17},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 52.9% of comparable cases moved higher after 12 weeks, with an average move of -1.0% across 17 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use 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 2.0 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 improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 7.1% across 17 completed cases, with the largest move arriving after 6.5 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2026-07-17","price":35.119999}],"distribution_rollovers":[],"price_pressure_gaps":[]}},"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":[49.3589,50.4921,48.5331,47.8129,46.1804,51.7789,49.7622,50.6073,50.3576,49.2821,46.4204,50.1272,48.1874,47.8225,49.2821,49.3973,51.3755,50.0311,50.0311,49.1669,49.4357,50.0695,51.3563,52.7776,53.9875,55.0246,54.4316,52.498,51.1504,51.0137,50.545,49.5099,43.5238,42.5082,43.6116,45.7405,46.883,45.9553,48.1915,45.4182,45.4866,45.5549,44.5784,45.1448,45.7991,45.6331,44.9983,45.0276,46.8439,45.3401,45.3401,45.9651,46.8537,46.1994,46.1311,46.5022,46.0432,44.1878,46.5217,46.1018,46.6584,48.3673,47.4299,42.2738,42.8402,40.7895,41.8344,42.4886,42.9964,43.4163,43.4554,43.1039,45.4182,45.2131,42.2836,41.1801,41.4,40.68,42.35,42.14,40.41,38.78,36.55,35.76,35.99,37.77,38.91,35.43,34.88,33.64,33.4,34.5,34.92,34.84,34.63,34.23,34.22,34.97,34.59,35.12,35.06,36.86,39.51,39.31],"consensus":[-14.7116,29.2111,-37.2679,-40.2802,-59.4473,56.2541,-23.4033,29.9771,12.8293,-27.6245,-58.3074,37.6556,-38.121,-14.3572,31.256,0.0,49.1681,-8.3095,11.8561,-12.5009,0.0,20.6503,36.423,51.8646,49.349,49.2623,20.2363,-21.7647,-32.9045,-16.6097,-27.014,-41.4845,-77.0649,-46.283,-25.9614,0.0,17.7069,-17.5623,39.4333,-43.6659,-26.7504,0.0,-44.24,0.0,0.0,-10.5001,-17.9004,0.0,38.0596,-31.9008,0.0,17.2032,25.6373,0.0,0.0,10.1776,-14.0846,-46.0664,41.1112,-13.068,22.8697,55.5465,0.0,-66.6327,-23.4283,-66.8445,-9.3509,0.0,0.0,13.193,0.0,-20.3634,53.5655,0.0,-52.2866,-48.7769,-21.9005,-43.031,22.3129,0.0,-47.4513,-59.3809,-77.9799,-56.9823,-37.29,0.0,21.944,-60.9445,-33.2885,-61.166,-45.342,0.0,-12.4293,-12.8656,-16.3293,-25.1589,-23.7565,9.1325,0.0,15.2169,0.0,51.2493,72.6746,35.5512],"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":[32.2967,0.0,0.0,6.1437,-14.4252,-38.5804,43.7233,-16.8442,24.2253,56.6674,0.0,-59.7538,-20.858,-62.8898,-0.2161,0.0,0.0,5.8122,0.0,-33.7994,47.6784,0.0,-56.3969,-51.3655,-15.3997,-37.4982,26.697,0.0,-48.9129,-63.5467,-80.8459,-59.3715,-34.348,0.0,19.1343,-67.5771,-31.0903,-61.1546,-46.0818,0.0,-16.1442,-23.9535,-30.0875,-31.6747,-28.0439,13.7182,0.0,10.1062,0.0,40.5348,74.7514,29.2703],"force":[28.1843,0.0,0.0,9.4295,-25.5919,-71.8047,73.424,-26.514,27.2899,61.7805,0.0,-97.3374,-8.9405,-84.2468,-36.6025,0.0,0.0,33.6515,0.0,-19.717,82.084,0.0,-73.5226,-49.9948,-1.2386,-41.555,57.4601,0.0,-57.882,-62.7519,-92.8359,-40.5829,-4.7362,0.0,49.409,-78.3414,-16.8951,-63.618,-24.1781,0.0,-8.727,-2.2834,-3.1456,-13.1313,-10.3426,21.6216,0.0,29.3747,0.0,76.3544,79.3472,4.6813],"direction":[16.2071,0.0,0.0,15.3222,-5.4757,-36.2374,15.0453,-0.852,18.1631,49.8128,0.0,-52.5625,-49.4863,-58.9338,-53.1084,0.0,0.0,7.0149,0.0,-5.4696,39.9232,0.0,-32.4206,-44.9485,-45.858,-50.4086,7.8026,0.0,-38.3304,-52.2122,-64.093,-65.9658,-63.905,0.0,5.5371,-40.938,-47.5102,-59.4275,-59.6137,0.0,-23.2952,-11.0146,-10.0226,-26.3033,-28.4381,5.0292,0.0,10.9449,0.0,45.5622,65.5349,64.7795],"intensity":[30.7692,17.3077,19.2308,40.3846,25.0,88.4615,76.9231,59.6154,26.9231,57.6923,30.7692,98.0769,94.2308,71.1538,40.3846,17.3077,36.5385,26.9231,9.6154,3.8462,76.9231,73.0769,88.4615,51.9231,11.5385,23.0769,59.6154,30.7692,65.3846,59.6154,75.0,53.8462,5.7692,67.3077,57.6923,96.1538,88.4615,48.0769,76.9231,42.3077,59.6154,7.6923,1.9231,11.5385,1.9231,26.9231,15.3846,32.6923,3.8462,86.5385,88.4615,30.7692],"confirmation":[76.1801,27.4867,24.8529,48.6288,50.1859,83.6397,82.1005,50.0491,75.4323,85.9478,29.7802,90.3631,31.1237,89.9808,9.5922,7.0648,29.044,27.6244,24.9174,51.6252,86.0998,5.47,85.3163,83.6063,51.9996,81.8093,55.1424,1.0476,83.48,87.0411,93.3626,85.6981,56.3188,33.6133,53.2353,87.9314,78.1862,87.648,81.8532,8.151,27.8044,49.3068,49.9473,75.585,75.1279,49.6394,24.903,73.3788,48.0032,85.3281,91.4276,55.8646],"persistence":[0.0,12.5,25.0,37.5,12.5,12.5,25.0,0.0,0.0,12.5,12.5,12.5,12.5,12.5,37.5,25.0,37.5,37.5,37.5,37.5,12.5,0.0,0.0,12.5,25.0,50.0,37.5,25.0,50.0,62.5,62.5,62.5,62.5,50.0,50.0,62.5,62.5,62.5,62.5,50.0,50.0,62.5,87.5,87.5,87.5,62.5,50.0,37.5,25.0,0.0,25.0,50.0],"assessmentRisk":[12.2227,40.8539,33.2278,24.3558,31.3116,25.6739,4.0003,10.5254,13.3245,22.169,35.4989,15.3595,36.9541,16.5555,45.0928,4.1587,0.845,37.6808,36.8448,27.7399,16.7711,34.2648,1.7051,14.2991,38.8486,28.3951,8.5104,34.1144,8.4512,14.8189,10.9839,21.498,31.1624,34.0667,35.6163,19.5799,15.0928,19.043,27.2702,26.8477,7.598,41.0382,43.999,1.9503,13.7113,0.5846,1.5856,26.0191,40.6877,23.7736,13.6612,32.2166],"volumeParticipation":true,"latest":{"consensus":35.6,"control":29.3,"force":4.7,"direction":64.8,"confirmation":55.9,"persistence":50.0,"assessmentRisk":32.2,"intensity":30.8,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the upward view","summary":"The completed evidence gives the upward view the clearer support.","take":"Current assessment: upward pressure has the stronger support.","tone":"positive","supportedView":"Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is strengthening","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+35.6","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+29.3","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+4.7","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+64.8","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"56/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"58.4","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"4.5%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"25.0","detail":"Directional","tone":"positive"},{"label":"Range position","value":"67%","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 is rotating through its trend references.","series":[{"label":"Close","values":[49.3589,50.4921,48.5331,47.8129,46.1804,51.7789,49.7622,50.6073,50.3576,49.2821,46.4204,50.1272,48.1874,47.8225,49.2821,49.3973,51.3755,50.0311,50.0311,49.1669,49.4357,50.0695,51.3563,52.7776,53.9875,55.0246,54.4316,52.498,51.1504,51.0137,50.545,49.5099,43.5238,42.5082,43.6116,45.7405,46.883,45.9553,48.1915,45.4182,45.4866,45.5549,44.5784,45.1448,45.7991,45.6331,44.9983,45.0276,46.8439,45.3401,45.3401,45.9651,46.8537,46.1994,46.1311,46.5022,46.0432,44.1878,46.5217,46.1018,46.6584,48.3673,47.4299,42.2738,42.8402,40.7895,41.8344,42.4886,42.9964,43.4163,43.4554,43.1039,45.4182,45.2131,42.2836,41.1801,41.4,40.68,42.35,42.14,40.41,38.78,36.55,35.76,35.99,37.77,38.91,35.43,34.88,33.64,33.4,34.5,34.92,34.84,34.63,34.23,34.22,34.97,34.59,35.12,35.06,36.86,39.51,39.31],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[49.9874,50.0792,49.7981,49.4371,48.845,49.3784,49.4482,49.6589,49.786,49.6944,49.0991,49.286,49.0863,48.8565,48.9339,49.0181,49.4468,49.553,49.6399,49.5539,49.5324,49.6301,49.9439,50.4591,51.1007,51.8141,52.29,52.3278,52.1138,51.9138,51.6649,51.2731,49.8641,48.5267,47.633,47.2889,47.2151,46.9861,47.2052,46.8803,46.6269,46.432,46.095,45.9222,45.8998,45.8513,45.6962,45.5747,45.8054,45.7208,45.6516,45.7086,45.9168,45.9682,45.9978,46.0895,46.0811,45.7369,45.8796,45.92,46.0542,46.4748,46.6484,45.853,45.3053,44.4842,44.0024,43.7272,43.5943,43.562,43.5426,43.4628,43.8183,44.0719,43.7468,43.2801,42.9383,42.5277,42.4954,42.4308,42.0633,41.4664,40.5725,39.6975,39.0234,38.7955,38.8163,38.2006,37.5969,36.8774,36.2452,35.9279,35.7446,35.5801,35.4074,35.1933,35.0164,35.0079,34.9319,34.9661,34.9832,35.3244,36.0854,36.6717],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[50.3675,50.3767,50.2401,50.0603,49.7729,49.9215,49.9097,49.9614,49.9907,49.9382,49.6777,49.711,49.5981,49.4666,49.4529,49.4488,49.5915,49.6241,49.6542,49.6181,49.6046,49.6391,49.7663,49.9893,50.2855,50.6365,50.9176,51.0347,51.0433,51.0411,51.0043,50.8936,50.3477,49.767,49.3111,49.0466,48.8863,48.6692,48.6338,48.3956,48.1801,47.9857,47.7333,47.5415,47.4125,47.2807,47.1116,46.9572,46.9488,46.8297,46.7193,46.6635,46.6776,46.6421,46.6043,46.5967,46.5557,46.3803,46.3908,46.3694,46.3908,46.5372,46.6033,46.2826,46.0276,45.6396,45.3577,45.1452,44.986,44.8698,44.765,44.642,44.6995,44.7375,44.5557,44.3057,44.0905,43.8378,43.7276,43.61,43.373,43.0328,42.5526,42.0494,41.6006,41.3168,41.1385,40.7157,40.2834,39.7913,39.3179,38.961,38.6617,38.3786,38.1009,37.8142,37.5479,37.357,37.152,37.0015,36.8577,36.8579,37.0543,37.2214],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[53.5042,53.5102,53.5311,53.617,53.9357,54.0584,54.0092,53.9204,53.8457,53.4596,53.4637,53.3906,53.1591,52.9515,52.3231,52.0449,52.0829,52.1036,52.1764,52.162,52.1663,52.1159,52.3725,52.8624,53.3569,54.1085,54.7433,54.9292,54.9754,55.0233,54.7683,54.7707,55.5655,56.3357,56.7284,56.8055,56.6645,56.6412,56.5648,56.581,56.5547,56.4543,56.2241,55.6978,54.8345,53.5542,52.1978,51.1723,50.434,49.524,48.5641,47.7932,47.8836,47.6208,47.4836,47.5447,47.4414,47.5086,47.0777,47.1181,47.2308,47.753,47.9021,48.3654,48.5594,49.0604,49.2475,49.317,49.1657,49.1267,49.0775,48.9678,48.7962,48.6947,48.5555,48.396,48.2271,48.2693,47.9081,47.5808,47.1572,46.2855,45.8903,46.4069,46.6273,46.6942,46.6231,46.7247,46.7132,46.659,46.4667,46.0954,45.0929,43.9401,43.3402,42.8813,42.2884,41.7378,40.648,39.3573,38.3851,37.9529,38.6388,39.2325],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[47.6997,47.7101,47.6643,47.2759,46.5913,46.5973,46.5447,46.5394,46.5239,46.547,46.0339,46.0283,45.9121,45.7645,46.0106,46.0833,46.0645,46.3473,46.4531,46.4387,46.4421,46.4502,46.4759,46.4825,46.7687,46.3417,46.1739,46.177,46.2101,46.3354,47.0028,46.9387,45.6775,44.3759,43.4162,42.9734,42.6651,42.2808,42.1733,41.7822,41.4136,41.0626,40.6149,40.3779,40.4224,40.7635,41.1767,41.4551,41.7627,42.1054,42.5448,42.9613,43.2038,43.8357,44.2249,44.24,44.2593,44.0153,44.2792,44.3071,44.3116,44.0707,44.2068,43.4564,42.9664,41.9811,41.4776,41.1542,40.9207,40.7674,40.6281,40.4517,40.4797,40.4826,40.2371,39.8643,39.569,39.176,39.12,39.0511,38.8498,38.7628,38.0701,36.9021,35.9967,35.6279,35.4065,34.599,33.7988,32.8754,32.0621,31.5731,31.5258,31.6412,31.4758,31.2397,31.1146,31.0942,31.408,31.9967,32.4339,32.6741,32.2842,32.0455],"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":"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":[-7.7195,-6.9342,-7.5737,-10.7741,-13.6786,-6.7829,-8.5555,-8.0071,-9.556,-10.3565,-14.3167,-7.0708,-10.3663,-11.223,-9.5902,-12.4202,-8.7028,-8.4541,-8.6187,-9.5526,-10.089,-11.5836,-11.0869,-9.7241,-7.5319,-8.4097,-8.1391,-12.036,-15.4888,-15.1897,-15.2099,-14.9244,-18.1427,-18.5646,-19.3075,-18.8581,-19.4213,-21.9657,-18.6626,-22.3961,-22.9469,-23.2194,-21.7516,-19.6404,-20.1998,-19.1058,-21.1447,-20.5698,-16.539,-15.9831,-17.9662,-16.9389,-14.8229,-13.8516,-12.3428,-11.5614,-11.8199,-15.1407,-12.4689,-12.2175,-9.1403,-6.9557,-7.3284,-15.4211,-14.837,-15.6125,-15.5691,-14.4129,-13.3604,-12.2824,-11.792,-12.6238,-10.0073,-10.0127,-13.9182,-14.3014,-13.8003,-15.2765,-12.3361,-12.2687,-9.364,-11.9804,-12.572,-13.6228,-15.8378,-13.5848,-13.7791,-19.1246,-20.4141,-22.9181,-21.6964,-21.7127,-21.0091,-19.68,-19.3293,-20.8878,-19.4384,-20.7139,-18.9141,-16.474,-17.0006,-14.0563,-9.9048,-10.3565],"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":"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":[-19.348,-17.4965,-20.6975,-21.8743,-24.5418,-15.3939,-18.689,-17.3082,-17.7162,-19.4736,-24.1495,-18.0927,-21.2623,-21.8586,-19.4736,-19.2853,-16.0529,-18.2497,-18.2497,-19.6618,-19.2225,-18.1869,-16.0843,-13.762,-11.7849,-10.0903,-11.0594,-14.2188,-16.4207,-16.6441,-17.41,-19.1014,-28.8826,-30.5421,-28.739,-25.2605,-23.3936,-24.9095,-21.2555,-25.7871,-25.6754,-25.5637,-27.1593,-26.2339,-25.1648,-25.4361,-26.4732,-26.4253,-23.4575,-25.9147,-25.9147,-24.8935,-23.4415,-24.5106,-24.6223,-24.0159,-24.7659,-27.7976,-23.984,-24.6702,-23.7606,-20.9683,-22.5001,-30.925,-29.9996,-33.3504,-31.6431,-30.574,-29.7443,-29.0581,-28.9943,-29.5687,-25.7871,-26.1222,-30.9091,-32.7121,-32.3528,-33.5293,-30.8005,-31.1437,-33.9705,-36.6339,-40.2777,-41.5685,-41.1927,-38.2842,-36.4215,-42.1077,-43.0064,-45.0326,-45.4247,-43.6273,-42.9411,-43.0718,-43.4149,-44.0685,-44.0849,-42.8594,-43.4803,-42.6143,-42.7123,-39.7711,-35.4411,-35.7679],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[5.0266,7.4377,3.2693,1.7368,0.0,12.1231,7.7563,9.5862,9.0455,6.7166,0.5199,8.5465,4.346,3.5558,6.7166,6.9661,11.2497,8.3385,8.3385,6.467,7.0493,8.4217,11.2082,14.2857,16.9058,19.1516,17.8673,13.6804,10.7623,10.4662,8.8852,6.6553,0.0,0.0,2.5959,7.604,10.2918,8.1094,13.3701,6.8459,7.0067,7.1675,4.8702,6.2026,7.7418,7.3513,5.858,5.927,10.1999,6.6621,6.6621,8.1323,10.2228,8.6837,8.5229,9.3958,8.3161,3.9513,9.4418,5.7098,5.5912,9.4586,7.337,0.0,1.3398,0.0,2.5616,4.1657,5.4106,6.44,6.5358,5.6739,11.3479,10.8451,3.6629,0.9576,1.4967,0.0,4.1052,3.589,0.0,0.0,0.0,0.0,0.6432,5.6208,8.8087,0.0,0.0,0.0,0.0,3.2934,4.5509,4.3114,3.6826,2.485,2.4551,4.7006,3.5629,5.1497,4.9701,10.3593,18.2934,17.6946],"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":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[-0.233,-0.1872,-0.3055,-0.4521,-0.6921,-0.4256,-0.3728,-0.2598,-0.1882,-0.2158,-0.4632,-0.3561,-0.4229,-0.4994,-0.4373,-0.3745,-0.1632,-0.103,-0.0547,-0.0851,-0.0866,-0.0362,0.1064,0.3302,0.5984,0.8844,1.051,1.0154,0.8684,0.7325,0.5802,0.3717,-0.2734,-0.8567,-1.2159,-1.3137,-1.2842,-1.3204,-1.1554,-1.2341,-1.2763,-1.2894,-1.3628,-1.3597,-1.2895,-1.233,-1.2254,-1.2031,-1.0271,-0.9974,-0.9628,-0.8748,-0.7251,-0.6517,-0.5922,-0.5092,-0.475,-0.5908,-0.4887,-0.4365,-0.3463,-0.1354,-0.0433,-0.382,-0.5979,-0.9238,-1.0852,-1.1471,-1.142,-1.0916,-1.0365,-1.0095,-0.7923,-0.6294,-0.7283,-0.8856,-0.9811,-1.1022,-1.0513,-1.0163,-1.1152,-1.31,-1.6256,-1.9174,-2.1058,-2.0874,-1.9582,-2.1123,-2.2529,-2.4363,-2.5713,-2.56,-2.4885,-2.4106,-2.3387,-2.2877,-2.2225,-2.0862,-1.986,-1.8425,-1.7139,-1.4501,-1.0154,-0.6793],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[0.1786,0.1054,0.0233,-0.0718,-0.1959,-0.2418,-0.268,-0.2664,-0.2507,-0.2437,-0.2876,-0.3013,-0.3256,-0.3604,-0.3758,-0.3755,-0.3331,-0.287,-0.2406,-0.2095,-0.1849,-0.1552,-0.1029,-0.0162,0.1067,0.2622,0.42,0.5391,0.6049,0.6304,0.6204,0.5707,0.4019,0.1501,-0.1231,-0.3612,-0.5458,-0.7007,-0.7917,-0.8802,-0.9594,-1.0254,-1.0929,-1.1462,-1.1749,-1.1865,-1.1943,-1.1961,-1.1623,-1.1293,-1.096,-1.0518,-0.9864,-0.9195,-0.854,-0.785,-0.723,-0.6966,-0.655,-0.6113,-0.5583,-0.4737,-0.3877,-0.3865,-0.4288,-0.5278,-0.6393,-0.7408,-0.8211,-0.8752,-0.9074,-0.9279,-0.9007,-0.8465,-0.8228,-0.8354,-0.8645,-0.9121,-0.9399,-0.9552,-0.9872,-1.0518,-1.1665,-1.3167,-1.4745,-1.5971,-1.6693,-1.7579,-1.8569,-1.9728,-2.0925,-2.186,-2.2465,-2.2793,-2.2912,-2.2905,-2.2769,-2.2388,-2.1882,-2.1191,-2.038,-1.9205,-1.7394,-1.5274],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[-0.4116,-0.2926,-0.3287,-0.3803,-0.4962,-0.1838,-0.1048,0.0066,0.0625,0.028,-0.1756,-0.0548,-0.0972,-0.139,-0.0615,0.001,0.1699,0.184,0.1859,0.1243,0.0983,0.119,0.2092,0.3465,0.4917,0.6221,0.6311,0.4763,0.2635,0.102,-0.0402,-0.1989,-0.6752,-1.0068,-1.0929,-0.9525,-0.7384,-0.6197,-0.3637,-0.354,-0.317,-0.264,-0.27,-0.2134,-0.1146,-0.0465,-0.0311,-0.0071,0.1352,0.1319,0.1332,0.1769,0.2614,0.2678,0.2618,0.2758,0.248,0.1058,0.1664,0.1748,0.212,0.3384,0.3443,0.0045,-0.1691,-0.396,-0.4459,-0.4063,-0.321,-0.2164,-0.129,-0.0817,0.1085,0.2171,0.0945,-0.0502,-0.1166,-0.1902,-0.1114,-0.0611,-0.128,-0.2582,-0.4591,-0.6007,-0.6313,-0.4903,-0.2889,-0.3544,-0.396,-0.4635,-0.4788,-0.374,-0.242,-0.1312,-0.0475,0.0028,0.0544,0.1526,0.2022,0.2765,0.3241,0.4704,0.724,0.8481],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","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":[37.9352,50.8727,30.4038,23.2908,3.7069,78.2886,51.4688,62.7075,59.387,45.083,12.3947,58.8448,34.5368,29.9639,48.2551,49.6992,74.4886,57.6414,57.6414,46.8111,50.1805,68.1241,83.4912,92.9526,80.0539,89.436,83.9068,65.8811,53.3177,52.0431,47.6732,38.0231,5.2023,14.2351,21.1686,34.5447,41.7236,35.8946,49.9456,32.5199,32.9494,33.3789,27.2431,30.8019,34.9129,33.8698,29.8815,30.0656,41.4782,32.029,32.029,37.4472,45.9606,46.0378,50.1247,53.2834,53.8531,43.4876,73.1513,57.6631,66.3126,92.868,78.3004,4.1428,16.9377,8.8594,20.7087,28.1284,33.887,38.6489,39.0919,35.1052,61.351,59.0254,25.8029,13.7299,16.3065,8.9192,28.2633,25.8308,5.7917,4.0302,0.3324,1.9934,4.1975,17.7821,26.4823,1.725,11.0409,3.0982,2.2988,12.6681,15.8163,15.2167,13.6426,10.6442,10.5692,16.1912,13.3427,20.7115,22.9919,41.4959,68.6475,66.5984],"stroke":"#10243b","width":2.0},{"label":"From high","values":[-9.9207,-7.8527,-10.5353,-10.9033,-13.9453,-3.0565,-6.8321,-5.2499,-5.7174,-7.731,-13.0888,-6.1489,-9.7806,-10.4639,-7.731,-7.5153,-3.8116,-6.3287,-6.3287,-7.9468,-7.4434,-4.1544,-2.2304,-1.0443,-3.7988,-2.0178,-3.0739,-6.5169,-8.9166,-9.16,-9.9947,-11.8379,-22.4974,-24.3058,-22.3409,-18.5501,-16.5156,-18.1675,-14.1854,-19.1239,-19.0022,-18.8805,-20.6194,-19.6108,-18.4457,-18.7413,-19.8716,-19.8195,-16.5851,-19.263,-19.263,-17.2158,-14.2295,-13.1289,-11.2697,-10.556,-9.7435,-10.396,-4.72,-5.58,-4.44,-0.94,-2.86,-13.42,-12.26,-16.46,-14.32,-12.98,-11.94,-11.08,-11.0,-11.72,-6.98,-7.4,-13.4,-15.168,-14.715,-16.1982,-12.7579,-13.1905,-16.7544,-20.1122,-24.7061,-26.3335,-25.8597,-22.1929,-19.8444,-26.9986,-27.4752,-27.1082,-27.6283,-25.2448,-24.3347,-24.508,-24.9631,-25.8298,-25.8515,-24.2263,-25.0497,-20.115,-17.6919,-13.4132,-7.1882,-7.658],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[7.2174,9.6788,5.4235,3.859,0.6277,12.8269,8.4327,10.2741,9.7301,7.3865,2.1771,10.3361,6.0664,5.2632,8.476,8.7297,13.0839,10.1247,10.1247,8.2224,8.8142,10.2093,13.0416,16.17,18.8332,21.116,19.8106,15.5547,12.5884,12.2875,11.2558,8.9773,1.6188,5.6297,8.3718,13.6617,16.5008,14.1956,19.7525,12.861,13.0308,13.2007,10.7741,12.1815,13.8073,13.3948,11.8175,11.8903,16.4038,12.6668,12.6668,14.2199,16.4281,14.8022,14.6324,15.5545,14.414,9.8034,15.603,8.7537,10.0668,14.0981,11.8867,0.6744,2.9329,1.9526,4.5643,6.1996,7.4689,8.5184,8.6161,7.7374,13.5221,13.0095,5.6871,2.929,3.4786,1.9293,6.1138,5.5876,1.2528,1.0685,0.1096,0.7324,1.5519,6.5745,9.7912,0.6534,4.9338,1.2034,0.9064,5.1509,6.431,6.1871,5.5471,4.3279,4.2975,6.5834,5.4252,7.0405,6.8577,12.3438,20.4206,19.811],"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"]},{"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":[4.6785,4.5185,4.7524,4.6731,4.9071,4.864,5.0222,4.9217,4.9143,4.9273,5.4499,5.3939,5.7013,5.5338,5.2202,5.0887,4.9091,4.9826,4.7391,4.6649,4.5246,4.3975,4.4245,4.3254,4.5769,4.4965,4.4769,4.7195,4.8633,4.7523,4.7656,4.822,6.1896,6.7119,6.3258,6.023,5.6618,5.7415,5.456,5.8824,5.7147,5.5175,5.475,5.2658,5.1031,4.9744,5.0563,4.9136,4.7863,5.1703,5.004,4.8353,4.6206,4.5069,4.4134,4.3475,4.2893,4.7752,4.57,4.541,4.4369,4.2527,4.2462,5.455,5.4152,5.8353,5.5116,5.3313,5.098,4.8648,4.5951,4.4279,4.3828,4.2363,4.7424,4.8384,4.8329,4.8498,4.653,4.5235,4.7462,5.0271,5.4121,5.506,5.3857,5.3138,5.2321,6.0835,6.25,6.6863,6.5442,6.3385,6.0624,5.7428,5.5134,5.313,5.1082,4.8091,4.7149,4.668,4.7006,4.7408,4.6275,4.5024],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[11.471,11.4603,11.5948,12.5701,14.6117,14.8251,14.8469,14.6943,14.5897,13.8243,14.9345,14.8107,14.6298,14.561,12.8388,12.1508,12.264,11.6936,11.6058,11.6089,11.6101,11.4962,11.9306,12.8438,13.1599,15.4639,16.9831,17.313,17.3253,17.1428,15.2606,15.4008,19.5333,23.7506,26.586,27.7256,28.1879,29.0338,29.1508,30.0903,30.9103,31.5672,32.2373,31.8913,30.2594,27.1227,23.6063,20.9812,18.8104,16.1926,13.2133,10.6483,10.2752,8.2774,7.1066,7.201,6.9403,7.6337,6.1264,6.1493,6.3777,8.0204,8.0238,10.6924,12.2216,15.552,17.1283,18.0449,18.3046,18.5982,18.8381,19.0474,18.6311,18.4176,18.7366,19.333,19.7232,20.7977,20.1961,19.6919,19.318,17.6904,18.6284,22.8183,25.7325,26.8854,27.3477,29.8209,32.0806,34.6605,36.6861,37.3957,35.4148,32.5448,31.7161,31.4125,30.4453,29.2279,25.6464,20.6313,16.807,14.9482,17.9195,20.1662],"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"]}]},"canonical_url":"https://sharemaestro.com/terminal/f59fc76d-202e-48de-ad9c-adf0d2b1a07d/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/f59fc76d-202e-48de-ad9c-adf0d2b1a07d/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/f59fc76d-202e-48de-ad9c-adf0d2b1a07d/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/f59fc76d-202e-48de-ad9c-adf0d2b1a07d/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/f59fc76d-202e-48de-ad9c-adf0d2b1a07d/technical-pack/data.json"},"source_fingerprint":"2cac5618b72ae960940c2cac5eac2b06bda2c3793a7717e2f8b5f58e26e1b0bd","content_hash":"c897a2ab3429fd70f7100e5c0d64010823c0756b1786e64a57afaa2606d8ca16","citation":"Sharemaestro, SHL Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/f59fc76d-202e-48de-ad9c-adf0d2b1a07d/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."}