{"schema_version":"1.0","name":"FGPT Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"fbde1544-3a41-48bf-b52e-8294bbc650a6","symbol":"FGPT","name":"FIRST TRUST GLOBAL FUNDS ICAV F","exchange":"LSE","country":"GB","asset_type":"etf","currency":"GBP","sector":null,"industry":null},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Activity pressure and cumulative balance, Strength versus the research benchmark, Range position and boundary pressure, Directional strength and control, Range pressure and compression."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":60,"displayedObservations":60,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","evidenceAlignment":{"status":"Rollover warning","headline":"Price has moved below distribution as Market Dynamics weakened","summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","take":"The prior extension has started to roll over. Further price weakness would confirm the downside transition; a recovery in both readings would remove the warning.","tone":"negative","conflict":true},"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":[-0.163404,-0.28711,-0.282561,-0.432456,-0.744415,-0.874871,-1.083709,-1.169051,-1.211198,-1.305931,-1.363704,-1.37779,-1.169747,-0.718094,-0.142523,0.453132,0.915447,1.114265,1.21462,1.299852,1.253003,1.182838,1.124472,0.954026,0.888794,0.821379,0.51599,0.269001,0.024176,-0.158262,-0.149269,-0.095681],"opens":[17.944,17.838,17.902,17.404,16.829139,16.596,16.611,16.884,16.949,17.124,16.9438,15.813,16.47728,17.376,18.61,19.563199,20.145,21.365,21.445,22.15,23.335,22.4424,23.6975,22.171851,22.64,22.68,21.2275,21.545,21.415,21.78,23.309861,23.22],"highs":[18.164,17.959,18.185649,17.854,17.07469,17.045,17.087,17.34532,17.22,17.330229,16.9438,16.461,17.217,18.698,19.354,19.652,21.125,21.73,22.14,23.5475,23.36667,22.5,23.6975,22.505,22.64365,22.68,21.2275,21.9275,21.79,23.305,23.4875,23.22],"lows":[17.944,17.761,17.424,16.398,16.68,16.596,16.611,16.666,16.945,16.724,15.839,15.66,16.404,17.376,18.61,19.165,20.125,21.0,21.17978,22.15,22.89,22.4424,23.6975,22.171851,22.55,22.545,21.2275,21.275,20.579619,21.78,23.1825,22.35499],"closes":[18.093,17.959,17.7,16.608,16.68,17.045,16.813,17.198,16.945,16.724,15.839,16.461,17.217,18.698,19.354,19.652,21.125,21.6675,22.0575,23.5475,22.89,22.5,23.6975,22.505,22.55,22.6175,21.2275,21.275,21.3875,23.195,23.255,22.57],"hoverRows":[[{"label":"Open","value":"17.9","className":"is-ohlc","compact":true},{"label":"High","value":"18.2","className":"is-ohlc","compact":true},{"label":"Low","value":"17.9","className":"is-ohlc","compact":true},{"label":"Close","value":"18.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.16","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17.8","className":"is-ohlc","compact":true},{"label":"High","value":"18.0","className":"is-ohlc","compact":true},{"label":"Low","value":"17.8","className":"is-ohlc","compact":true},{"label":"Close","value":"18.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.29","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17.9","className":"is-ohlc","compact":true},{"label":"High","value":"18.2","className":"is-ohlc","compact":true},{"label":"Low","value":"17.4","className":"is-ohlc","compact":true},{"label":"Close","value":"17.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.28","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17.4","className":"is-ohlc","compact":true},{"label":"High","value":"17.9","className":"is-ohlc","compact":true},{"label":"Low","value":"16.4","className":"is-ohlc","compact":true},{"label":"Close","value":"16.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.43","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"16.8","className":"is-ohlc","compact":true},{"label":"High","value":"17.1","className":"is-ohlc","compact":true},{"label":"Low","value":"16.7","className":"is-ohlc","compact":true},{"label":"Close","value":"16.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.74","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"16.6","className":"is-ohlc","compact":true},{"label":"High","value":"17.0","className":"is-ohlc","compact":true},{"label":"Low","value":"16.6","className":"is-ohlc","compact":true},{"label":"Close","value":"17.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.87","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"16.6","className":"is-ohlc","compact":true},{"label":"High","value":"17.1","className":"is-ohlc","compact":true},{"label":"Low","value":"16.6","className":"is-ohlc","compact":true},{"label":"Close","value":"16.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.08","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"16.9","className":"is-ohlc","compact":true},{"label":"High","value":"17.3","className":"is-ohlc","compact":true},{"label":"Low","value":"16.7","className":"is-ohlc","compact":true},{"label":"Close","value":"17.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.17","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"16.9","className":"is-ohlc","compact":true},{"label":"High","value":"17.2","className":"is-ohlc","compact":true},{"label":"Low","value":"16.9","className":"is-ohlc","compact":true},{"label":"Close","value":"16.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.21","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17.1","className":"is-ohlc","compact":true},{"label":"High","value":"17.3","className":"is-ohlc","compact":true},{"label":"Low","value":"16.7","className":"is-ohlc","compact":true},{"label":"Close","value":"16.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.31","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"16.9","className":"is-ohlc","compact":true},{"label":"High","value":"16.9","className":"is-ohlc","compact":true},{"label":"Low","value":"15.8","className":"is-ohlc","compact":true},{"label":"Close","value":"15.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.36","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.8","className":"is-ohlc","compact":true},{"label":"High","value":"16.5","className":"is-ohlc","compact":true},{"label":"Low","value":"15.7","className":"is-ohlc","compact":true},{"label":"Close","value":"16.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.38","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"16.5","className":"is-ohlc","compact":true},{"label":"High","value":"17.2","className":"is-ohlc","compact":true},{"label":"Low","value":"16.4","className":"is-ohlc","compact":true},{"label":"Close","value":"17.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.17","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17.4","className":"is-ohlc","compact":true},{"label":"High","value":"18.7","className":"is-ohlc","compact":true},{"label":"Low","value":"17.4","className":"is-ohlc","compact":true},{"label":"Close","value":"18.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.72","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18.6","className":"is-ohlc","compact":true},{"label":"High","value":"19.4","className":"is-ohlc","compact":true},{"label":"Low","value":"18.6","className":"is-ohlc","compact":true},{"label":"Close","value":"19.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.14","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.6","className":"is-ohlc","compact":true},{"label":"High","value":"19.7","className":"is-ohlc","compact":true},{"label":"Low","value":"19.2","className":"is-ohlc","compact":true},{"label":"Close","value":"19.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.45","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"20.1","className":"is-ohlc","compact":true},{"label":"High","value":"21.1","className":"is-ohlc","compact":true},{"label":"Low","value":"20.1","className":"is-ohlc","compact":true},{"label":"Close","value":"21.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.92","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.4","className":"is-ohlc","compact":true},{"label":"High","value":"21.7","className":"is-ohlc","compact":true},{"label":"Low","value":"21.0","className":"is-ohlc","compact":true},{"label":"Close","value":"21.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.11","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.4","className":"is-ohlc","compact":true},{"label":"High","value":"22.1","className":"is-ohlc","compact":true},{"label":"Low","value":"21.2","className":"is-ohlc","compact":true},{"label":"Close","value":"22.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.21","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"22.1","className":"is-ohlc","compact":true},{"label":"High","value":"23.5","className":"is-ohlc","compact":true},{"label":"Low","value":"22.1","className":"is-ohlc","compact":true},{"label":"Close","value":"23.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.30","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"23.3","className":"is-ohlc","compact":true},{"label":"High","value":"23.4","className":"is-ohlc","compact":true},{"label":"Low","value":"22.9","className":"is-ohlc","compact":true},{"label":"Close","value":"22.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.25","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"22.4","className":"is-ohlc","compact":true},{"label":"High","value":"22.5","className":"is-ohlc","compact":true},{"label":"Low","value":"22.4","className":"is-ohlc","compact":true},{"label":"Close","value":"22.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.18","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"23.7","className":"is-ohlc","compact":true},{"label":"High","value":"23.7","className":"is-ohlc","compact":true},{"label":"Low","value":"23.7","className":"is-ohlc","compact":true},{"label":"Close","value":"23.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.12","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"22.2","className":"is-ohlc","compact":true},{"label":"High","value":"22.5","className":"is-ohlc","compact":true},{"label":"Low","value":"22.2","className":"is-ohlc","compact":true},{"label":"Close","value":"22.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.95","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"22.6","className":"is-ohlc","compact":true},{"label":"High","value":"22.6","className":"is-ohlc","compact":true},{"label":"Low","value":"22.6","className":"is-ohlc","compact":true},{"label":"Close","value":"22.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.89","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"22.7","className":"is-ohlc","compact":true},{"label":"High","value":"22.7","className":"is-ohlc","compact":true},{"label":"Low","value":"22.5","className":"is-ohlc","compact":true},{"label":"Close","value":"22.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.82","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.2","className":"is-ohlc","compact":true},{"label":"High","value":"21.2","className":"is-ohlc","compact":true},{"label":"Low","value":"21.2","className":"is-ohlc","compact":true},{"label":"Close","value":"21.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.52","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.5","className":"is-ohlc","compact":true},{"label":"High","value":"21.9","className":"is-ohlc","compact":true},{"label":"Low","value":"21.3","className":"is-ohlc","compact":true},{"label":"Close","value":"21.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.27","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.4","className":"is-ohlc","compact":true},{"label":"High","value":"21.8","className":"is-ohlc","compact":true},{"label":"Low","value":"20.6","className":"is-ohlc","compact":true},{"label":"Close","value":"21.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.02","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.8","className":"is-ohlc","compact":true},{"label":"High","value":"23.3","className":"is-ohlc","compact":true},{"label":"Low","value":"21.8","className":"is-ohlc","compact":true},{"label":"Close","value":"23.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.16","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"23.3","className":"is-ohlc","compact":true},{"label":"High","value":"23.5","className":"is-ohlc","compact":true},{"label":"Low","value":"23.2","className":"is-ohlc","compact":true},{"label":"Close","value":"23.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.15","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"23.2","className":"is-ohlc","compact":true},{"label":"High","value":"23.2","className":"is-ohlc","compact":true},{"label":"Low","value":"22.4","className":"is-ohlc","compact":true},{"label":"Close","value":"22.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.10","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[15.36749,24.16901],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.095681,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"strengthening","fourWeekDirection":"weakening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"price":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Distribution rollover","detail":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","annotations":[{"label":"Current tape relationship","value":"Distribution rollover","detail":"Market Dynamics improved this week but remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"1 May 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Lagging price","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":32,"relationship":{"sameWeekCorrelation":0.5,"forwardCorrelation":-0.37,"directionalAgreement":55.6,"sample":27,"correlationSample":31,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":22.2,"averageReturn":22.2,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":49.6,"averageReturn":49.6,"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":3.9,"sample":1},{"week":2,"averageReturn":8.7,"sample":1},{"week":3,"averageReturn":18.1,"sample":1},{"week":4,"averageReturn":22.2,"sample":1},{"week":5,"averageReturn":24.1,"sample":1},{"week":6,"averageReturn":33.4,"sample":1},{"week":7,"averageReturn":36.8,"sample":1},{"week":8,"averageReturn":39.3,"sample":1},{"week":9,"averageReturn":48.7,"sample":1},{"week":10,"averageReturn":44.5,"sample":1},{"week":11,"averageReturn":42.1,"sample":1},{"week":12,"averageReturn":49.6,"sample":1},{"week":13,"averageReturn":42.1,"sample":1},{"week":14,"averageReturn":42.4,"sample":1},{"week":15,"averageReturn":42.8,"sample":1},{"week":16,"averageReturn":34.0,"sample":1},{"week":17,"averageReturn":34.3,"sample":1},{"week":18,"averageReturn":35.0,"sample":1},{"week":19,"averageReturn":46.4,"sample":1},{"week":20,"averageReturn":46.8,"sample":1},{"week":21,"averageReturn":42.5,"sample":1},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"medianReturn":-7.4,"averageReturn":-7.4,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-4.2,"averageReturn":-4.2,"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":-3.6,"sample":3},{"week":2,"averageReturn":-4.6,"sample":2},{"week":3,"averageReturn":-2.0,"sample":2},{"week":4,"averageReturn":-7.4,"sample":2},{"week":5,"averageReturn":-7.2,"sample":2},{"week":6,"averageReturn":-6.8,"sample":2},{"week":7,"averageReturn":-6.0,"sample":2},{"week":8,"averageReturn":-5.8,"sample":2},{"week":9,"averageReturn":-7.0,"sample":2},{"week":10,"averageReturn":-1.5,"sample":1},{"week":11,"averageReturn":-1.2,"sample":1},{"week":12,"averageReturn":-4.2,"sample":1},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":20.6,"averageExpectedMove":20.6,"averageWeeksToLargestMove":7.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":11.2,"medianReturn":11.2,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":8.3,"medianReturn":8.3,"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":0.7,"sample":2},{"week":2,"averageReturn":2.2,"sample":2},{"week":3,"averageReturn":3.4,"sample":2},{"week":4,"averageReturn":11.2,"sample":2},{"week":5,"averageReturn":9.6,"sample":2},{"week":6,"averageReturn":7.1,"sample":2},{"week":7,"averageReturn":20.6,"sample":1},{"week":8,"averageReturn":14.5,"sample":1},{"week":9,"averageReturn":14.7,"sample":1},{"week":10,"averageReturn":15.1,"sample":1},{"week":11,"averageReturn":8.0,"sample":1},{"week":12,"averageReturn":8.3,"sample":1},{"week":13,"averageReturn":8.8,"sample":1},{"week":14,"averageReturn":18.0,"sample":1},{"week":15,"averageReturn":18.3,"sample":1},{"week":16,"averageReturn":14.8,"sample":1},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":5.2,"averageExpectedMove":5.2,"averageWeeksToLargestMove":3.5,"horizons":[{"weeks":4,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":6.7,"medianReturn":6.7,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":30.6,"medianReturn":30.6,"confidenceLow":0.0,"confidenceHigh":65.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":39.4,"medianReturn":39.4,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.6,"sample":2},{"week":2,"averageReturn":-0.4,"sample":2},{"week":3,"averageReturn":3.0,"sample":2},{"week":4,"averageReturn":6.7,"sample":2},{"week":5,"averageReturn":8.0,"sample":2},{"week":6,"averageReturn":6.2,"sample":2},{"week":7,"averageReturn":12.5,"sample":2},{"week":8,"averageReturn":16.4,"sample":2},{"week":9,"averageReturn":22.0,"sample":2},{"week":10,"averageReturn":28.4,"sample":2},{"week":11,"averageReturn":27.3,"sample":2},{"week":12,"averageReturn":30.6,"sample":2},{"week":13,"averageReturn":35.8,"sample":2},{"week":14,"averageReturn":33.4,"sample":2},{"week":15,"averageReturn":38.0,"sample":2},{"week":16,"averageReturn":36.2,"sample":2},{"week":17,"averageReturn":30.9,"sample":2},{"week":18,"averageReturn":34.6,"sample":2},{"week":19,"averageReturn":31.4,"sample":2},{"week":20,"averageReturn":36.9,"sample":2},{"week":21,"averageReturn":37.3,"sample":2},{"week":22,"averageReturn":31.1,"sample":2},{"week":23,"averageReturn":27.5,"sample":1},{"week":24,"averageReturn":28.2,"sample":1},{"week":25,"averageReturn":39.1,"sample":1},{"week":26,"averageReturn":39.4,"sample":1}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":8.3,"averageExpectedMove":8.3,"averageWeeksToLargestMove":2.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":9.2,"medianReturn":9.2,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":33.9,"medianReturn":33.9,"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":2.5,"sample":3},{"week":2,"averageReturn":2.3,"sample":3},{"week":3,"averageReturn":3.1,"sample":2},{"week":4,"averageReturn":9.2,"sample":2},{"week":5,"averageReturn":13.0,"sample":2},{"week":6,"averageReturn":18.4,"sample":2},{"week":7,"averageReturn":24.7,"sample":2},{"week":8,"averageReturn":23.6,"sample":2},{"week":9,"averageReturn":26.8,"sample":2},{"week":10,"averageReturn":31.8,"sample":2},{"week":11,"averageReturn":29.5,"sample":2},{"week":12,"averageReturn":33.9,"sample":2},{"week":13,"averageReturn":32.2,"sample":2},{"week":14,"averageReturn":27.1,"sample":2},{"week":15,"averageReturn":30.7,"sample":2},{"week":16,"averageReturn":27.5,"sample":2},{"week":17,"averageReturn":32.9,"sample":2},{"week":18,"averageReturn":33.3,"sample":2},{"week":19,"averageReturn":27.3,"sample":2},{"week":20,"averageReturn":23.7,"sample":1},{"week":21,"averageReturn":24.4,"sample":1},{"week":22,"averageReturn":34.9,"sample":1},{"week":23,"averageReturn":35.2,"sample":1},{"week":24,"averageReturn":31.2,"sample":1},{"week":25,"sample":0},{"week":26,"sample":0}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":2,"completedEpisodes":0,"activeEpisodes":2,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":2.0,"medianReturn":2.0,"confidenceLow":9.5,"confidenceHigh":90.5,"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":0.2,"sample":2},{"week":2,"averageReturn":0.6,"sample":2},{"week":3,"averageReturn":1.8,"sample":2},{"week":4,"averageReturn":2.0,"sample":2},{"week":5,"averageReturn":0.7,"sample":2},{"week":6,"averageReturn":3.1,"sample":1},{"week":7,"averageReturn":3.3,"sample":1},{"week":8,"averageReturn":0.3,"sample":1},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":9.9,"averageExpectedMove":9.9,"averageWeeksToLargestMove":7.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-4.4,"medianReturn":-4.4,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-4.2,"medianReturn":-4.2,"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":-1.3,"sample":2},{"week":2,"averageReturn":-3.6,"sample":2},{"week":3,"averageReturn":0.6,"sample":1},{"week":4,"averageReturn":-4.4,"sample":1},{"week":5,"averageReturn":-4.2,"sample":1},{"week":6,"averageReturn":-3.9,"sample":1},{"week":7,"averageReturn":-9.9,"sample":1},{"week":8,"averageReturn":-9.7,"sample":1},{"week":9,"averageReturn":-9.2,"sample":1},{"week":10,"averageReturn":-1.5,"sample":1},{"week":11,"averageReturn":-1.2,"sample":1},{"week":12,"averageReturn":-4.2,"sample":1},{"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":"Rollover warning","tone":"negative","headline":"Price has moved below distribution as Market Dynamics weakened","use":"The upward trend may still be visible, but this transition increases downside risk. Further price weakness would confirm the rollover.","confirm":"Further price weakness with weak Market Dynamics would confirm the rollover.","invalidate":"A recovery in both price and Market Dynamics would remove the rollover warning.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":0.0,"averageReturn":33.9,"sample":2},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price has moved below distribution","detail":"Price left the upper zone as Market Dynamics weakened."}},"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":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 0.0% of comparable cases moved lower after 12 weeks, with an average move of 33.9% across 2 cases.","watch":"A recovery in both price and Market Dynamics would remove the rollover warning."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 1.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 8.3% across 2 completed cases, with the largest move arriving after 2.0 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":"2026-05-01","price":19.652}],"reversal_warnings":[{"date":"2026-05-29","price":23.5475},{"date":"2026-08-07","price":23.195}],"reversal_dangers":[{"date":"2026-06-12","price":22.5},{"date":"2026-08-14","price":23.255},{"date":"2026-08-21","price":22.57}]}},"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":[15.044,15.176,15.502,15.789,15.735,16.002,15.956,15.669,15.706,15.825,16.458,17.065,16.829,17.295,17.451,17.439,17.925,19.047,17.825,18.196,17.027,17.936,18.08,17.673,17.568,17.759,17.716,18.159,18.093,17.959,17.7,16.608,16.68,17.045,16.813,17.198,16.945,16.724,15.839,16.461,17.217,18.698,19.354,19.652,21.125,21.6675,22.0575,23.5475,22.89,22.5,23.6975,22.505,22.55,22.6175,21.2275,21.275,21.3875,23.195,23.255,22.57],"consensus":[-100.0,100.0,64.9351,100.0,0.0,15.9582,0.0,0.0,0.0,13.3315,25.6701,32.5169,0.0,38.2736,12.3131,0.0,36.6429,51.7074,-21.7778,20.5338,-37.5176,25.094,24.1479,-20.6704,0.0,18.2986,0.0,33.0665,14.5668,15.4058,-14.1044,-57.9222,-34.9675,8.3976,-24.3147,16.7705,-21.5873,-35.5061,-59.0479,0.0,34.011,63.9488,65.5769,60.7927,83.8853,67.5424,70.2208,88.0132,17.465,43.9109,56.588,18.2016,10.1222,26.8286,-32.899,-24.1177,0.0,64.8574,27.4796,-8.7012],"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":[0.0,22.0825,26.6953,34.43,0.0,39.2807,2.9652,0.0,44.3141,55.2783,-24.5142,14.6908,-34.0299,42.7119,35.2891,-20.2575,0.0,30.0097,0.0,41.1198,17.4745,24.0505,-12.2404,-50.4341,-38.6751,18.927,-20.1107,16.6589,-34.2484,-38.2165,-65.3794,0.0,42.4417,73.4788,75.3917,63.3646,87.7762,70.4767,70.3513,90.6875,4.7959,47.5804,55.0766,34.4459,6.4378,30.0711,-31.6065,-22.427,0.0,68.499,19.4053,-13.188],"force":[0.0,14.6466,35.2207,28.2799,0.0,40.0326,1.3989,0.0,31.6168,54.2831,-73.3745,22.0256,-76.3662,31.8829,17.078,-46.1796,0.0,22.8145,0.0,38.1437,4.2801,10.7486,-31.6323,-85.2109,-15.3901,47.2114,-13.7137,36.6982,-17.0732,-40.964,-56.8225,0.0,51.1113,62.6149,56.4109,52.306,95.3323,53.8482,63.6535,96.7584,26.3504,7.6406,36.1506,17.809,13.6496,4.7654,-38.2727,-20.2695,0.0,91.0011,7.6898,-60.964],"direction":[0.0,2.3911,17.6765,33.3569,0.0,35.8661,32.7908,0.0,31.466,45.7865,-18.2043,26.1459,-13.7547,0.1099,16.465,-2.9215,0.0,1.6889,0.0,20.2362,18.5914,8.8527,-3.7146,-46.9881,-44.7142,31.3602,-36.6913,2.6639,-10.3419,-28.5101,-53.4013,0.0,12.1615,54.0103,60.9071,63.9154,71.262,73.9706,74.7625,78.7103,74.2027,65.6245,72.9134,25.3584,31.3129,38.8823,-30.5377,-28.7986,0.0,42.0216,50.8428,-33.7571],"intensity":[50.0,22.2222,90.0,63.6364,33.3333,61.5385,85.7143,6.6667,62.5,94.1176,94.4444,52.6316,85.0,80.9524,40.9091,34.7826,75.0,32.0,3.8462,44.4444,14.2857,20.6897,30.0,87.0968,81.25,30.303,20.5882,37.1429,22.2222,18.9189,84.2105,69.2308,80.0,97.561,95.2381,58.1395,95.4545,77.7778,43.4783,97.8723,70.8333,75.5102,92.0,98.0392,26.9231,5.7692,92.3077,63.4615,59.6154,100.0,88.4615,67.3077],"confirmation":[47.9364,49.5062,76.4899,78.2471,5.2516,80.2858,26.6299,4.5942,79.4557,84.5704,35.0499,74.7053,81.2427,53.3018,75.3421,52.7316,1.4274,51.1481,1.2827,78.6133,49.6369,72.6562,50.4093,87.4809,78.5365,33.0665,75.5217,51.3089,74.5774,79.487,86.731,33.1026,79.2762,88.2778,88.5557,87.1558,95.1329,89.1515,90.2685,96.39,11.2372,58.2235,85.5083,30.9454,5.4827,53.1967,78.7111,75.6261,26.4618,89.4956,53.6467,24.6074],"persistence":[50.0,50.0,50.0,50.0,50.0,50.0,62.5,62.5,75.0,75.0,50.0,50.0,37.5,37.5,37.5,25.0,12.5,12.5,25.0,25.0,50.0,50.0,25.0,25.0,12.5,12.5,0.0,0.0,25.0,50.0,50.0,37.5,12.5,12.5,12.5,12.5,37.5,62.5,87.5,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,50.0,37.5,37.5,37.5,12.5],"assessmentRisk":[3.9279,43.6517,35.636,33.7388,48.7516,30.8603,43.7569,42.0729,31.6203,24.1361,40.5589,33.7953,25.39,58.8717,5.8389,21.8998,31.7059,22.1748,24.4424,14.7165,25.6741,7.1576,5.646,20.6854,32.0056,52.4476,36.9896,36.9987,40.8462,16.441,19.3806,48.7293,7.3093,17.7771,17.2085,19.5965,8.0568,16.2184,14.8659,5.9923,40.3633,17.9323,20.3658,52.018,24.7117,6.3027,33.1692,32.2178,40.49,4.5997,35.0944,48.4752],"volumeParticipation":true,"latest":{"consensus":-8.7,"control":-13.2,"force":-61.0,"direction":-33.8,"confirmation":24.6,"persistence":12.5,"assessmentRisk":48.5,"intensity":67.3,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the Market Dynamics view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the downward Market Dynamics view stronger support.","take":"Current assessment: the visible price structure remains vulnerable until Market Dynamics changes.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-8.7","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-13.2","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-61.0","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-33.8","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"25/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"60.5","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"4.1%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"30.1","detail":"Directional","tone":"positive"},{"label":"Range position","value":"86%","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":[15.044,15.176,15.502,15.789,15.735,16.002,15.956,15.669,15.706,15.825,16.458,17.065,16.829,17.295,17.451,17.439,17.925,19.047,17.825,18.196,17.027,17.936,18.08,17.673,17.568,17.759,17.716,18.159,18.093,17.959,17.7,16.608,16.68,17.045,16.813,17.198,16.945,16.724,15.839,16.461,17.217,18.698,19.354,19.652,21.125,21.6675,22.0575,23.5475,22.89,22.5,23.6975,22.505,22.55,22.6175,21.2275,21.275,21.3875,23.195,23.255,22.57],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,15.3494,15.468,15.5567,15.5772,15.6006,15.6414,15.7899,16.0217,16.1685,16.3733,16.5692,16.7274,16.9451,17.3273,17.4178,17.5593,17.4625,17.5486,17.6452,17.6503,17.6353,17.6578,17.6684,17.7576,17.8186,17.8441,17.8179,17.5979,17.431,17.3608,17.2612,17.2497,17.1943,17.1088,16.8779,16.8021,16.8776,17.2086,17.5986,17.972,18.5452,19.1129,19.6483,20.3573,20.8178,21.1236,21.5916,21.7577,21.9017,22.0319,21.8856,21.7746,21.7042,21.9753,22.2079,22.2738],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,15.6773,15.7971,15.9196,16.0322,16.1724,16.3853,16.4919,16.6182,16.6485,16.7438,16.8428,16.9043,16.9535,17.0131,17.0652,17.1462,17.2163,17.2714,17.3031,17.2516,17.2093,17.1971,17.1687,17.1708,17.1541,17.1222,17.0272,16.9852,17.0024,17.128,17.2929,17.4677,17.7386,18.0296,18.328,18.7146,19.0239,19.2814,19.6085,19.823,20.025,20.2171,20.2919,20.3647,20.4405,20.6445,20.8379,20.9662],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,16.2374,16.453,16.8552,17.027,17.3011,17.5467,17.7272,17.9931,18.5255,18.635,18.7917,18.7776,18.8594,18.9609,19.0018,19.0064,19.0343,19.033,19.0137,18.9346,18.7903,18.7027,18.7607,18.7801,18.792,18.8219,18.8238,18.8063,18.55,18.6561,18.5731,18.5772,18.7291,19.0207,19.3922,20.1433,20.8905,21.6124,22.6098,23.2808,23.7921,24.4905,24.8452,25.1468,25.4188,25.4583,25.4896,25.4649,25.5537,25.369,25.0199],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,15.0434,14.9765,14.7993,14.7816,14.7061,14.6535,14.6404,14.5794,14.3537,14.3901,14.4017,14.6141,14.8083,14.9646,15.1121,15.2908,15.4386,15.6159,15.8842,16.202,16.5597,16.7715,16.6678,16.6335,16.5966,16.5029,16.4769,16.3964,16.4204,16.1157,16.0252,16.0401,15.9644,15.8002,15.6266,15.2312,14.8749,14.5871,14.1285,13.9373,13.88,13.7814,14.0164,14.3018,14.5871,14.989,15.3654,15.8344,16.3926,17.3189,18.279],"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":"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,0.1481,0.2221,178.0662,38.2225,6.8321,17.9672,33.6378,0.0,92.0279,11.1822,20.137,47.3956,88.4956,168.1779,20.1509,2.7075,503.4137,389.4756,59.196,100.8843,38.8842,640.6027,10.6161,389.5048,624.9516,143.2162,240.3713,5.8378,19.0821,0.5124,47.4648,9.0856,18.6718,9.795,5.2414,10.9192,42.8036,99.5747,21.1036,42.3899,66.4245,4.9111,3.8252,0.0,5.881,50.6889,33.519,0.0,101.8568,371.4011,117.7815,98.3767,767.8653],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,121.857,121.871,134.2062,135.0,135.0,134.046,135.0,135.0,130.7738,131.2603,132.0971,130.1835,133.7351,126.366,127.2579,127.3779,97.7231,70.2122,73.4265,68.3018,70.316,65.0,65.0,65.0,65.0,68.5298,75.2218,75.0588,75.5893,75.575,74.2289,73.9717,74.4992,74.7707,74.9159,75.22,76.3195,78.748,79.2619,80.2962,81.96,81.8587,81.7798,81.7798,81.7188,82.1669,82.3542,82.3542,82.9167,85.4323,86.1957,86.8531,78.8535],"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"]},{"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,17.9019,15.7478,17.5372,8.9225,7.5038,6.502,14.7131,16.1229,11.5425],"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,12.2477,12.9728,15.3047,27.7092,39.6042,34.9794,44.1113,47.1683,46.9332,56.457,78.4441,54.4974,61.7676,38.8595,56.6726,59.4944,51.5187,49.4611,53.204,64.0595,73.3989,71.4903,68.0824,61.4954,33.7233,35.5544,41.0438,34.7377,35.6527,19.4247,11.5767,0.0,22.538,43.8098,85.4811,100.0,100.0,100.0,98.9703,98.7269,100.0,91.664,86.7195,100.0,85.1633,85.7232,86.563,69.2691,69.86,71.2597,93.7481,94.4946,85.972],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-22.2266,-22.043,-21.4523,-18.3104,-15.2976,-16.4689,-14.1559,-13.3816,-13.4412,-11.0289,-5.4599,-11.5253,-9.6838,-15.4862,-10.9743,-10.2596,-12.2797,-12.8009,-11.8529,-7.7964,-5.4908,-5.8343,-6.5317,-7.8797,-13.563,-13.1883,-11.2886,-12.4961,-10.4923,-11.8091,-12.9593,-17.5653,-14.3281,-10.3935,-2.6855,0.0,0.0,0.0,-0.2876,-0.3726,0.0,-2.7922,-4.4485,0.0,-5.0322,-4.8423,-4.5574,-10.423,-10.2226,-9.7479,-2.1205,-1.8673,-4.7579],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,4.1545,4.4004,5.1914,9.3991,13.4339,11.8652,14.9628,15.9997,15.92,19.1505,26.6086,18.4858,20.9519,13.1813,19.2236,20.1808,17.4754,16.7775,18.0471,17.7456,19.091,18.3942,17.5173,15.8225,8.6769,9.148,9.72,8.2266,6.9461,3.3358,1.988,0.0,5.1149,9.9425,19.3997,23.5888,25.4917,34.8978,38.3621,40.8525,50.3672,46.1686,43.6782,51.325,43.7101,43.9974,44.4285,35.5524,35.8557,36.5741,48.1162,48.4994,44.1252],"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":"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,40.7243,39.4487,38.2721,36.7115,34.4676,33.4218,32.4507,31.6758,30.8539,29.4691,28.1831,27.413,28.0211,28.7989,27.7867,26.9631,26.8796,27.0818,28.3707,29.9141,31.5639,33.7103,35.7035,36.824,38.3998,37.8817,37.4832,37.136,35.3396,34.1856,32.4292,31.8234,31.3705,30.146],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,6.1722,8.0125,7.9056,8.1785,12.4184,11.7401,11.2559,10.6576,10.2425,10.8146,12.0865,11.8086,11.843,12.0042,13.7781,13.618,13.3169,12.627,11.4101,11.0427,10.6862,10.62,12.0397,11.7738,11.1873,10.1909,9.5283,15.0661,24.8484,28.5627,29.8582,37.891,40.4823,40.6495,46.6741,44.3163,42.7337,48.0762,42.6208,43.251,43.0651,38.2375,41.7772,37.7487,43.5777,43.9619,40.8915],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,1.7209,1.6871,1.6646,1.6342,1.5587,4.525,4.7727,7.8558,7.5498,7.4859,7.2169,9.0651,8.9729,8.8842,8.6497,8.5294,9.5597,11.3567,17.0534,16.5043,16.5755,15.9863,15.1582,14.8234,15.901,21.6191,21.6665,20.2289,17.899,16.8491,16.1801,14.3271,13.5019,12.4833,11.0857,10.5257,13.721,12.4409,22.3766,22.1308,21.8789,30.0515,28.3292,31.1375,26.7385,26.1068,30.705],"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":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,13.0279,12.2291,11.517,10.598,9.7097,10.1908,9.6688,10.1332,9.2946,8.635,8.5087,8.1351,7.5496,7.0976,6.6041,6.2416,5.971,5.933,6.4977,6.2074,5.8287,5.6893,5.4468,5.2492,5.1976,5.5942,5.3459,5.0834,4.9122,4.6813,4.458,4.349,4.1779,4.1218,4.0372,4.0617,3.979,3.869,4.2673,3.9985,3.7444,4.1724,4.1007,4.192,4.1797,3.9649,4.0782],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,7.6344,9.3957,12.9897,14.1181,16.2151,17.9701,19.0731,20.9604,25.3768,25.7073,26.4512,24.9372,24.0658,23.5587,22.8037,21.667,20.8605,19.7244,17.935,15.5543,12.6205,10.8883,11.8145,12.1231,12.4078,13.1297,13.2968,13.6913,12.1797,14.6114,14.7289,14.658,15.9373,18.4972,21.5056,27.7717,33.6391,38.8141,46.1713,50.2095,52.623,55.9634,55.73,54.983,54.1506,51.7674,49.562,46.6377,43.6803,37.716,31.1364],"stroke":"#b87806","width":1.7}],"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"]}]},"canonical_url":"https://sharemaestro.com/terminal/fbde1544-3a41-48bf-b52e-8294bbc650a6/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/fbde1544-3a41-48bf-b52e-8294bbc650a6/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/fbde1544-3a41-48bf-b52e-8294bbc650a6/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/fbde1544-3a41-48bf-b52e-8294bbc650a6/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/fbde1544-3a41-48bf-b52e-8294bbc650a6/technical-pack/data.json"},"source_fingerprint":"0dba83b6d6eda13546258b3a21a276d85ca7a12ac8a7612f37260724ffe62f93","content_hash":"910f5fc99233636015f74e0b164273d6e992b1df9a660a7c165f1796114a60ac","citation":"Sharemaestro, FGPT Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/fbde1544-3a41-48bf-b52e-8294bbc650a6/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."}