{"schema_version":"1.0","name":"XTER Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-2","as_of":"2026-10-02","ticker":{"uuid":"06dc0f06-8e2e-44d8-a716-2c53a494681a","symbol":"XTER","name":"Karman Line Acquisition Corp. Class A Ordinary Shares","exchange":"NASDAQ","country":"US","asset_type":"equity","currency":"USD","sector":"Financial Services","industry":"Shell Companies"},"summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","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":"6 condition-selected views: Price path and developing trend references, Where price finished inside each completed range, Completed returns and cumulative progression, Directional progress versus travelled distance, Range expansion and closing direction, Drawdown and recovery 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":false,"asOf":"2026-10-02","observations":6,"displayedObservations":6,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","evidenceAlignment":{"status":"Evidence developing","headline":"Price structure is visible; Market Dynamics is not yet established","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","take":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","tone":"neutral","conflict":false},"marketDynamics":{"available":true,"readAvailable":false,"dates":["2026-08-28","2026-09-04","2026-09-11","2026-09-18","2026-09-25","2026-10-02"],"values":[0.0,0.0,0.0,0.0,0.0,0.0],"opens":[9.9,9.83,9.84,9.8199,9.8,9.78],"highs":[9.9,9.83,9.84,9.84,9.8,9.805],"lows":[9.81,9.81,9.81,9.81,9.78,9.78],"closes":[9.82,9.81,9.8199,9.81,9.785,9.8],"hoverRows":[[{"label":"Open","value":"9.90","className":"is-ohlc","compact":true},{"label":"High","value":"9.90","className":"is-ohlc","compact":true},{"label":"Low","value":"9.81","className":"is-ohlc","compact":true},{"label":"Close","value":"9.82","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"9.83","className":"is-ohlc","compact":true},{"label":"High","value":"9.83","className":"is-ohlc","compact":true},{"label":"Low","value":"9.81","className":"is-ohlc","compact":true},{"label":"Close","value":"9.81","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"9.84","className":"is-ohlc","compact":true},{"label":"High","value":"9.84","className":"is-ohlc","compact":true},{"label":"Low","value":"9.81","className":"is-ohlc","compact":true},{"label":"Close","value":"9.82","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.82","className":"is-ohlc","compact":true},{"label":"High","value":"9.84","className":"is-ohlc","compact":true},{"label":"Low","value":"9.81","className":"is-ohlc","compact":true},{"label":"Close","value":"9.81","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.80","className":"is-ohlc","compact":true},{"label":"High","value":"9.80","className":"is-ohlc","compact":true},{"label":"Low","value":"9.78","className":"is-ohlc","compact":true},{"label":"Close","value":"9.78","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.78","className":"is-ohlc","compact":true},{"label":"High","value":"9.80","className":"is-ohlc","compact":true},{"label":"Low","value":"9.78","className":"is-ohlc","compact":true},{"label":"Close","value":"9.80","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[9.7829,9.8221],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"steady","fourWeekDirection":"steady","now":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Zone progression","detail":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","tone":"neutral"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","annotations":[{"label":"Current tape relationship","value":"Zone progression","detail":"Market Dynamics remains positive and was little changed this week.","tone":"neutral"},{"label":"Price location","value":"Between zones","detail":"Price is progressing between the lower and upper positioning zones while the Market Dynamics read develops.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":false,"observations":6,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-08-28","price":9.82}],"reversal_dangers":[{"date":"2026-09-04","price":9.81}]}},"smTape":{"available":true,"dates":["2026-08-28","2026-09-04","2026-09-11","2026-09-18","2026-09-25","2026-10-02"],"close":[9.82,9.81,9.8199,9.81,9.785,9.8],"consensus":[-77.7778,-100.0,-34.0,-58.0,-31.3407,0.0],"supportDates":["2026-08-28","2026-09-04","2026-09-11","2026-09-18","2026-09-25","2026-10-02"],"control":[null,null,null,null,null,0.0],"force":[-77.7778,-100.0,-34.0,-58.0,-20.352,0.0],"direction":[null,null,null,null,-39.1899,0.0],"intensity":[null,null,null,null,75.0,60.0],"confirmation":[47.5556,54.6667,33.5467,41.2267,54.86,26.726],"persistence":[null,null,100.0,100.0,100.0,83.3333],"assessmentRisk":[null,null,null,null,33.9779,32.2381],"volumeParticipation":true,"latest":{"consensus":0.0,"control":0.0,"force":0.0,"direction":0.0,"confirmation":26.7,"persistence":83.3,"assessmentRisk":32.2,"intensity":60.0,"evidenceDepth":23},"analysis":{"status":"No directional advantage","headline":"The gauges do not support either side","summary":"Control, force and direction are too balanced to support an upward or downward assessment.","take":"Current assessment: wait for a clearer directional advantage.","tone":"neutral","supportedView":"Neither side","direction":"balanced","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Developing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Follow-through is limited","persistenceState":"Established","confirmationState":"Limited support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+0.0","detail":"No directional advantage","tone":"neutral"},{"label":"SM Control Gauge","value":"+0.0","detail":"Control support is limited","tone":"neutral"},{"label":"SM Force Gauge","value":"+0.0","detail":"Commitment is limited","tone":"neutral"},{"label":"SM Direction Gauge","value":"+0.0","detail":"Follow-through is limited","tone":"neutral"},{"label":"SM Confirmation Gauge","value":"27/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"-","detail":"Developing","tone":"neutral"},{"label":"Risk pressure","value":"-","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"-","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":"Price path and developing trend references","description":"Completed price is shown first; trend and envelope references appear only when the available history supports them.","reason":"Price anchors every interpretation against the same completed observations.","series":[{"label":"Close","values":[9.82,9.81,9.8199,9.81,9.785,9.8],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,9.8111,9.8091],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"displayTitle":"Price and trend","family":"structure","reading":"Rotational","watch":"Watch whether price holds its trend references or begins to cross back through them.","latestLabel":"Price","latestValue":9.8,"unit":"price","change":-0.01,"changeLabel":"vs four observations earlier","historyStart":"2026-08-28","secondaryScale":false,"bounded":false,"axisUnit":"","latestReadings":[{"label":"Close","value":9.8},{"label":"Fast trend","value":9.8091},{"label":"Slow trend"},{"label":"Upper envelope"},{"label":"Lower envelope"}],"dates":["2026-08-28","2026-09-04","2026-09-11","2026-09-18","2026-09-25","2026-10-02"]},{"key":"bar_location","eyebrow":"Closing control","title":"Where price finished inside each completed range","description":"A close near the top or bottom of its own range shows which side retained control at completion.","reason":"Direct price evidence remains useful while longer technical histories develop.","series":[{"label":"Closing location","values":[11.1111,0.0,33.0,0.0,25.0,80.0],"stroke":"#10243b","width":2.0}],"guides":[{"label":"Upper area","values":[75.0,75.0,75.0,75.0,75.0,75.0],"stroke":"#07865c","width":1.0,"dash":[6,5]},{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]},{"label":"Lower area","values":[25.0,25.0,25.0,25.0,25.0,25.0],"stroke":"#c13f3f","width":1.0,"dash":[6,5]}],"displayTitle":"Closing position","family":"structure","reading":"Upper-range close","watch":"Look for repeated follow-through as more completed observations become available.","latestLabel":"Closing location","latestValue":80.0,"unit":"%","change":80.0,"changeLabel":"vs four observations earlier","historyStart":"2026-08-28","secondaryScale":false,"bounded":false,"axisUnit":"%","latestReadings":[{"label":"Closing location","value":80.0}],"dates":["2026-08-28","2026-09-04","2026-09-11","2026-09-18","2026-09-25","2026-10-02"]},{"key":"returns","eyebrow":"Observed return path","title":"Completed returns and cumulative progression","description":"Period returns are shown beside the total move recorded across the available tape.","reason":"Direct price evidence remains useful while longer technical histories develop.","series":[{"label":"Period return","values":[null,-0.1018,0.1009,-0.1008,-0.2548,0.1533],"stroke":"#176fa3","width":1.7},{"label":"Cumulative progression","values":[0.0,-0.1018,-0.001,-0.1018,-0.3564,-0.2037],"stroke":"#07865c","width":2.0}],"guides":[{"label":"Starting level","values":[0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"displayTitle":"Weekly price progress","family":"progress","reading":"Observed price progress","watch":"Look for repeated follow-through as more completed observations become available.","latestLabel":"Weekly return","latestValue":0.153,"unit":"%","change":0.255,"changeLabel":"vs four observations earlier","historyStart":"2026-09-04","secondaryScale":false,"bounded":false,"axisUnit":"%","latestReadings":[{"label":"Period return","value":0.1533},{"label":"Cumulative progression","value":-0.2037}],"dates":["2026-08-28","2026-09-04","2026-09-11","2026-09-18","2026-09-25","2026-10-02"]},{"key":"path_efficiency","eyebrow":"Path quality","title":"Directional progress versus travelled distance","description":"Path efficiency shows whether the observed move has been direct or repeatedly retraced.","reason":"Direct price evidence remains useful while longer technical histories develop.","series":[{"label":"Path efficiency","values":[null,100.0,0.5025,33.557,63.8686,28.6533],"stroke":"#1678a7","width":2.0}],"guides":[{"label":"Efficient path","values":[70.0,70.0,70.0,70.0,70.0,70.0],"stroke":"#07865c","width":1.0,"dash":[6,5]},{"label":"Mixed path","values":[40.0,40.0,40.0,40.0,40.0,40.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"displayTitle":"Progress and retracement","family":"progress","reading":"Retraced path","watch":"Look for repeated follow-through as more completed observations become available.","latestLabel":"Path efficiency","latestValue":28.653,"unit":"%","change":-71.347,"changeLabel":"vs four observations earlier","historyStart":"2026-09-04","secondaryScale":false,"bounded":false,"axisUnit":"%","latestReadings":[{"label":"Path efficiency","value":28.6533}],"dates":["2026-08-28","2026-09-04","2026-09-11","2026-09-18","2026-09-25","2026-10-02"]},{"key":"bar_range","eyebrow":"Completed-bar anatomy","title":"Range expansion and closing direction","description":"The completed range and open-to-close direction expose expansion, compression and control.","reason":"Direct price evidence remains useful while longer technical histories develop.","series":[{"label":"Completed range","values":[0.9165,0.2039,0.3055,0.3058,0.2044,0.2551],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[-0.8081,-0.2035,-0.2043,-0.1008,-0.1531,0.2045],"stroke":"#176fa3","width":1.8}],"guides":[{"label":"Unchanged close","values":[0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"displayTitle":"Range and direction","family":"risk","reading":"Completed range and direction","watch":"Look for repeated follow-through as more completed observations become available.","latestLabel":"Weekly range","latestValue":0.255,"unit":"%","change":0.051,"changeLabel":"vs four observations earlier","historyStart":"2026-08-28","secondaryScale":false,"bounded":false,"axisUnit":"%","latestReadings":[{"label":"Completed range","value":0.2551},{"label":"Open-to-close direction","value":0.2045}],"dates":["2026-08-28","2026-09-04","2026-09-11","2026-09-18","2026-09-25","2026-10-02"]},{"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":"Distance below the observed high separates recovery from an established new high.","series":[{"label":"Drawdown","values":[0.0,-0.1018,-0.001,-0.1018,-0.3564,-0.2037],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"displayTitle":"Drawdown and recovery","family":"risk","reading":"Recovery still incomplete","watch":"A recovery can improve while price remains below its former high. Track both parts of the path.","latestLabel":"Drawdown","latestValue":-0.204,"unit":"%","change":-0.102,"changeLabel":"vs four observations earlier","historyStart":"2026-08-28","secondaryScale":false,"bounded":false,"axisUnit":"%","latestReadings":[{"label":"Drawdown","value":-0.2037},{"label":"Recovery"}],"dates":["2026-08-28","2026-09-04","2026-09-11","2026-09-18","2026-09-25","2026-10-02"]}],"otherCharts":[],"setup":{"label":"Developing history","headline":"Build the picture from observed price.","summary":"Price and its trend references do not yet establish one direction. Use momentum and available participation or leadership to test whether the move gains support.","conditions":[{"label":"Price structure","value":"Rotational"},{"label":"Trend character","value":"Developing"},{"label":"Variability · own history","value":"Developing"},{"label":"Momentum pressure","value":"Developing"}],"references":[{"label":"Fast trend reference","value":9.809115163519627,"gap":-0.09292544095643729}],"scenarios":[{"label":"Follow-through","title":"Progress repeats across new observations","body":"Look for successive closes to retain progress, with activity supporting the move where volume is reported."},{"label":"Pause","title":"Price retraces part of its early move","body":"Compare the size of the retracement with the observed advance and each completed range. Longer trend evidence is still developing."},{"label":"Challenge the view","title":"Early progress fails to hold","body":"Repeated reversals and wider ranges weaken the initial reading. A short history gives less evidence about durability."}],"selected":6,"available":6,"coverage":[{"label":"Price architecture","key":"price","reading":"Rotational","reason":"Price anchors every interpretation against the same completed observations."},{"label":"Closing control","key":"bar_location","reading":"Upper-range close","reason":"Direct price evidence remains useful while longer technical histories develop."},{"label":"Observed return path","key":"returns","reading":"Observed price progress","reason":"Direct price evidence remains useful while longer technical histories develop."},{"label":"Path quality","key":"path_efficiency","reading":"Retraced path","reason":"Direct price evidence remains useful while longer technical histories develop."},{"label":"Completed-bar anatomy","key":"bar_range","reading":"Completed range and direction","reason":"Direct price evidence remains useful while longer technical histories develop."},{"label":"Path risk","key":"drawdown","reading":"Recovery still incomplete","reason":"Distance below the observed high separates recovery from an established new high."}]}},"insights":{"available":false,"as_of":"2026-10-02","observations":6,"boundary":"Completed-week technical context, not live prices or a forecast. Scenarios are conditions to monitor, not assigned probabilities. Private calculations, selection rules and raw series are excluded.","summary":"The completed history is still developing. No current technical conclusion is published."},"canonical_url":"https://sharemaestro.com/terminal/06dc0f06-8e2e-44d8-a716-2c53a494681a/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/06dc0f06-8e2e-44d8-a716-2c53a494681a/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/06dc0f06-8e2e-44d8-a716-2c53a494681a/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/06dc0f06-8e2e-44d8-a716-2c53a494681a/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/06dc0f06-8e2e-44d8-a716-2c53a494681a/technical-pack/data.json"},"source_fingerprint":"ad77c325c0138be29dcf4af6b28fcf28d64410e82893396d36131dbdb25b7b70","content_hash":"953d0d5a0079db4ff7af5e97f26b1eb59f70bc594a1f47498a2ceb64aa869c77","citation":"Sharemaestro, XTER Technical Research Pack, completed week 2026-10-02, https://sharemaestro.com/terminal/06dc0f06-8e2e-44d8-a716-2c53a494681a/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."}