{"schema_version":"1.0","name":"JAGU Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"0427dc4f-c36b-44e6-9a79-28c7f41e135c","symbol":"JAGU","name":"JPMORGAN ETFS (IRELAND) ICAV JP","exchange":"LSE","country":"GB","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has contracted across the recent completed path. Price has not yet established a clear direction.","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, Range pressure and compression, Directional strength and control, Acceleration, deceleration and rollover, Range position and boundary pressure."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":39,"displayedObservations":39,"assetType":"ETF","state":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. 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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":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 0.9% across 1 completed cases, with the largest move arriving after 8.0 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":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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":[11.666,11.645,11.621,11.656,11.658,11.669,11.713,11.732,11.727,11.744,11.762,11.854,11.856,11.893,11.746,11.58,11.542,11.492,11.591,11.679,11.757,11.686,11.653,11.714,11.557,11.64,11.729,11.715,11.768,11.802,11.857,11.806,11.777,11.744,11.681,11.685,11.752,11.743,11.707],"consensus":[60.8696,-12.0,-87.8788,0.0,0.0,0.0,65.0302,61.1625,49.1382,34.817,49.2181,88.6202,58.9792,81.4206,-49.3779,-80.4105,-75.7883,-67.1824,0.0,35.7144,61.1549,-22.9521,-18.6694,42.5193,-68.3475,23.5555,46.0502,0.0,51.1659,38.5066,45.38,0.0,0.0,0.0,-54.736,-34.1371,21.2613,0.0,26.5798],"supportDates":["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":[null,null,null,null,null,0.0,58.2301,58.0076,41.1768,23.3992,47.3091,88.4366,60.9652,78.115,-46.7034,-68.9149,-75.0338,-60.2098,0.0,27.5636,58.3783,-32.1751,-21.6186,38.7368,-64.0756,29.9844,58.0434,0.0,58.8885,36.2369,44.6622,0.0,0.0,0.0,-48.1563,-35.4869,27.1162,0.0,27.9419],"force":[60.8696,-12.0,-87.8788,0.0,0.0,0.0,76.6728,55.8509,42.722,7.8347,28.3599,98.614,25.9848,85.516,-91.6057,-99.3402,-85.6725,-70.8178,0.0,77.6484,91.8226,-67.4541,-41.0413,81.1688,-97.0802,74.3942,44.2627,0.0,44.0178,22.0758,27.8675,0.0,0.0,0.0,-84.4815,-25.9655,38.2935,0.0,55.0178],"direction":[null,null,null,null,0.0,0.0,64.4854,68.562,62.82,67.1389,66.2984,81.6916,80.2769,82.2731,-22.2719,-80.0271,-69.5904,-72.5543,0.0,15.0767,42.4227,-19.3757,-0.6809,19.2355,-52.7062,20.1051,33.6205,0.0,47.4457,52.8368,58.7094,0.0,0.0,0.0,-41.0088,-38.4314,2.4041,0.0,4.7101],"intensity":[null,null,null,null,25.0,80.0,100.0,85.7143,62.5,100.0,30.0,100.0,91.6667,69.2308,100.0,100.0,87.5,76.4706,83.3333,78.9474,85.0,66.6667,68.1818,56.5217,95.8333,68.0,96.1538,37.037,46.4286,58.6207,46.6667,41.9355,25.0,39.3939,67.6471,5.7143,58.3333,5.4054,28.9474],"confirmation":[42.1449,26.5067,50.7879,0.0,27.2305,26.4279,89.2681,87.4582,83.65,55.8264,83.1432,96.6658,85.8375,94.2298,85.1286,94.4834,92.565,89.7154,36.3891,80.8308,88.5465,35.3605,52.0897,82.8417,90.8119,35.9449,82.4988,3.4108,84.0375,79.856,81.9988,31.586,29.851,3.1386,86.5223,78.6543,52.5668,25.151,54.6848],"persistence":[null,null,33.3333,25.0,20.0,16.6667,0.0,12.5,12.5,37.5,62.5,75.0,87.5,100.0,75.0,50.0,25.0,0.0,12.5,12.5,12.5,37.5,37.5,12.5,12.5,12.5,25.0,12.5,12.5,37.5,62.5,50.0,62.5,50.0,25.0,12.5,12.5,0.0,25.0],"assessmentRisk":[null,null,null,null,19.1951,37.3085,17.4092,19.2401,25.185,32.4868,24.4738,5.652,20.4923,9.2859,9.8454,9.7563,12.0942,16.4077,47.9489,24.5724,18.9012,60.4904,40.6538,1.9736,14.6528,34.3759,9.5595,0.1524,24.0007,29.3851,24.3552,39.6737,9.4221,34.2613,22.0742,30.2671,28.3045,0.8638,38.2832],"volumeParticipation":true,"latest":{"consensus":26.6,"control":27.9,"force":55.0,"direction":4.7,"confirmation":54.7,"persistence":25.0,"assessmentRisk":38.3,"intensity":28.9,"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 easing","forceState":"Upward commitment","forcePath":"Commitment is easing","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+26.6","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+27.9","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+55.0","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+4.7","detail":"Follow-through is limited","tone":"positive"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"47.8","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"0.6%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"21.4","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"55%","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":[11.666,11.645,11.621,11.656,11.658,11.669,11.713,11.732,11.727,11.744,11.762,11.854,11.856,11.893,11.746,11.58,11.542,11.492,11.591,11.679,11.757,11.686,11.653,11.714,11.557,11.64,11.729,11.715,11.768,11.802,11.857,11.806,11.777,11.744,11.681,11.685,11.752,11.743,11.707],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,11.6555,11.6579,11.668,11.6796,11.6882,11.6984,11.7099,11.7361,11.7579,11.7825,11.7758,11.7402,11.7042,11.6656,11.652,11.6569,11.6751,11.6771,11.6727,11.6802,11.6578,11.6546,11.6681,11.6766,11.6933,11.713,11.7392,11.7513,11.756,11.7538,11.7406,11.7305,11.7344,11.736,11.7307],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,11.7097,11.7233,11.725,11.7142,11.7015,11.686,11.6789,11.6789,11.6847,11.6848,11.6825,11.6848,11.6753,11.6727,11.6769,11.6797,11.6862,11.6948,11.7068,11.7142,11.7188,11.7207,11.7178,11.7153,11.718,11.7199,11.7189],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,11.7633,11.7792,11.8282,11.8599,11.8947,11.8904,11.892,11.8962,11.9045,11.8989,11.8931,11.8993,11.9001,11.8997,11.9017,11.9058,11.9055,11.9067,11.9054,11.9094,11.9163,11.9302,11.9224,11.91,11.8843,11.8795,11.8782,11.8764,11.8593,11.8531],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,11.6029,11.6014,11.5797,11.5713,11.5619,11.5685,11.5483,11.523,11.4906,11.485,11.4895,11.4924,11.4957,11.4993,11.5031,11.4889,11.4863,11.4867,11.4863,11.4864,11.4853,11.4809,11.4839,11.4884,11.4992,11.4975,11.5093,11.5321,11.5743,11.5921],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,123.8095,120.6186,859.8266,42.7778,814.1134,0.0,415.8242,495.2681,542.746,588.2952,184.6681,1663.7475,48.0979,30.6769,601.3725,1138.7049,341.6798,51.2427,61.0209,1.328,5.4945,0.2016,0.0,0.0,0.4097,4.6942,0.0506,55.4052,3.9126,4.826,37.0018,641.1423],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,129.5833,135.0,135.0,135.0,135.0,135.0,117.6053,90.5603,65.0,65.0,135.0,135.0,135.0,116.7108,65.0,80.9884,78.5275,81.5502,81.6161,81.343,81.353,81.353,81.353,81.3328,81.1,81.0975,78.2884,78.4861,78.7284,76.841,65.0],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,0.3505,0.419,0.5093,0.5352,0.57,0.6196,0.686,0.6905,0.6915,0.6991,0.7202,0.7631,0.7551,0.7501,0.7473,0.723,0.69,0.6709,0.6565,0.6287,0.6091,0.617,0.6039,0.6189,0.6117,0.6021],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,1.3731,1.5213,2.1233,2.4633,2.8372,2.7449,2.9325,3.1871,3.5383,3.5404,3.4523,3.4785,3.4562,3.4222,3.4055,3.5635,3.5839,3.5901,3.5828,3.6159,3.6834,3.8388,3.7467,3.6031,3.2944,3.2682,3.1546,2.9425,2.4327,2.2265],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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,39.021,36.8207,34.7776,33.3073,32.5666,31.0678,29.2495,27.3021,26.3805,25.5248,23.9293,22.4478,21.3514],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,34.1106,26.8324,20.7883,18.4324,16.1409,19.4371,24.5597,24.0026,22.6554,20.8676,20.5748,18.2752,17.0277,23.0235,24.9914,23.8794,26.1496,29.797,28.3965,27.6021,26.5272,24.4502,23.188,26.1909,24.6282,23.3054],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,4.0946,20.9293,36.3183,36.5967,39.4626,33.4185,27.8173,25.4921,23.7797,28.5667,25.6159,24.5347,24.4852,22.7158,21.1961,20.2529,19.6489,18.6785,22.5008,24.669,27.6024,32.6763,30.9894,27.9159,26.2502,26.8671],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of 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