{
  "symbol": "NCMI",
  "company": "National CineMedia, Inc.",
  "generated_at": "2026-06-24T07:36:50.557Z",
  "event_count": 1,
  "events": [
    {
      "type": "scout_dossier",
      "ts": "2026-05-11T21:21:54.230Z",
      "summary": "The investigation was triggered by 3 Form 4s in 14 days, but ALL of the recent filings are routine RSU vest-sell transactions (M=vest then S=sell to cover taxes) for CEO/CFO/General Counsel — zero open-market P/S purchases were found. The company's fundamentals are weak: negative ROE (-2.7%), declining revenue trend in 9-months, high leverage (D/E 6.07), and forward P/E of ~22x on a near-zero earnings base makes it fully-valued relative to sector. Near-term catalysts do not support an asymmetric long; theater attendance softness remains structural headwind for cinema advertising as the market migrates to streaming.",
      "verdict": "no_anomaly",
      "confidence": 4,
      "tool_calls": 26,
      "walltime_min": 21,
      "debug_path": "dossiers/2026-05-11-NCMI.scout.debug.json"
    }
  ],
  "lessons": [],
  "chart_signal": {
    "ticker": "NCMI",
    "call": "SELL",
    "confidence": 3,
    "score": -7,
    "factors": {
      "below_200dma": "-2",
      "above_50dma": "+1",
      "momentum_strong_down": "-2 (-42.6%)",
      "rsi_neutral": "0 (52.5)",
      "recent_macd_bearish_cross": "-2 (1d ago)",
      "broken_below_high": "-2 (-33.5% from high)"
    },
    "summary": "SELL (score -7) · 12-1 mom -42.6% · RSI 52.5 · above_50_only · -33.5% from high",
    "last_close": 3.48,
    "one_month_ago_close": 3,
    "twelve_month_ago_close": 5.23,
    "twelve_one_momentum_pct": -42.64,
    "rsi_14": 52.5,
    "ma_stack": "above_50_only",
    "from_period_high_pct": -33.46,
    "period_high": 5.23,
    "price_targets": {
      "bear": 3.66,
      "fair": 4.04,
      "bull": 6.01,
      "bear_return_pct": 5.2,
      "fair_return_pct": 16.2,
      "bull_return_pct": 72.8,
      "method": "street_targets ⨯ chart_floors",
      "street": {
        "target_low": 4,
        "target_mean": 5.25,
        "target_high": 6,
        "analyst_count": 4
      }
    },
    "generated_at": "2026-06-24T07:36:50.552Z"
  }
}