{"schema_version":"1.0","name":"MS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"084c8633-cb20-4e66-a06e-ea8d1f5a3d7f","symbol":"MS","name":"Morgan Stanley","exchange":"TOR","country":"CA","asset_type":"etf","currency":"CAD","sector":null,"industry":null},"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":"Six condition-selected views: Trend, acceptance and volatility envelope, Activity pressure and cumulative balance, Directional strength and control, Range position and boundary pressure, Directional pressure and rotation, 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":true,"asOf":"2026-08-14","observations":33,"displayedObservations":33,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","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":["2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[0.419495,0.549548,0.482918,0.38992,0.254672],"opens":[44.357413,43.283287,43.899914,43.810001,43.689999],"highs":[46.565338,43.979483,43.899914,44.470001,44.290001],"lows":[41.871008,42.378237,40.816777,42.950001,43.369999],"closes":[43.432468,42.965031,42.560001,43.700001,43.900002],"hoverRows":[[{"label":"Open","value":"44.4","className":"is-ohlc","compact":true},{"label":"High","value":"46.6","className":"is-ohlc","compact":true},{"label":"Low","value":"41.9","className":"is-ohlc","compact":true},{"label":"Close","value":"43.4","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":"43.3","className":"is-ohlc","compact":true},{"label":"High","value":"44.0","className":"is-ohlc","compact":true},{"label":"Low","value":"42.4","className":"is-ohlc","compact":true},{"label":"Close","value":"43.0","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":"43.9","className":"is-ohlc","compact":true},{"label":"High","value":"43.9","className":"is-ohlc","compact":true},{"label":"Low","value":"40.8","className":"is-ohlc","compact":true},{"label":"Close","value":"42.6","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":"43.8","className":"is-ohlc","compact":true},{"label":"High","value":"44.5","className":"is-ohlc","compact":true},{"label":"Low","value":"43.0","className":"is-ohlc","compact":true},{"label":"Close","value":"43.7","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":"43.7","className":"is-ohlc","compact":true},{"label":"High","value":"44.3","className":"is-ohlc","compact":true},{"label":"Low","value":"43.4","className":"is-ohlc","compact":true},{"label":"Close","value":"43.9","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":[42.479601,43.980402],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"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":"Across the displayed history, price has progressed from the lower accumulation area, through the middle range and into the upper positioning zone. This describes price location only; it does not establish active distribution or a reversal.","tone":"neutral"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Across the displayed history, price has progressed from the lower accumulation area, through the middle range and into the upper positioning zone. This describes price location only; it does not establish active distribution or a reversal.","annotations":[{"label":"Current tape relationship","value":"Zone progression","detail":"Market Dynamics eased this week but remains positive.","tone":"neutral"},{"label":"Price location","value":"Upper positioning zone","detail":"Price is in the area labelled as the distribution zone on the chart. With limited Market Dynamics history, the label describes location and extension only.","tone":"caution"},{"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":25,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-08-07","price":43.700001}],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[36.7485,37.7772,38.351,36.2539,37.0407,36.6628,34.6138,35.4592,33.7484,32.4057,31.3016,32.7339,31.978,32.9428,35.5686,38.2641,38.0055,38.72,39.08,39.13,40.84,42.13,42.89,43.56,45.31,42.7363,43.1242,44.7254,43.4325,42.965,42.56,43.7,43.9],"consensus":[87.1796,29.6543,56.2265,-55.1,23.7072,-23.7283,-58.5641,0.0,-65.6452,-66.6407,-69.8917,0.0,-65.034,0.0,60.7159,74.246,26.0943,55.4298,47.1807,33.6358,74.2608,68.3875,31.2636,52.5231,55.9391,0.0,31.013,44.7948,-15.6557,0.0,0.0,22.7715,22.825],"supportDates":["2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[null,null,null,null,null,-18.0286,-53.3482,0.0,-56.4992,-62.771,-70.698,0.0,-60.0174,0.0,47.3708,66.1305,13.2366,55.5884,43.7275,32.1538,72.2204,72.0237,14.4946,38.9478,53.1731,0.0,33.7376,44.6223,-7.9489,0.0,0.0,29.3265,26.2159],"force":[87.1796,29.6543,56.2265,-55.1,38.1265,-22.4744,-49.3096,0.0,-70.812,-58.666,-56.5651,0.0,-71.4128,0.0,88.0339,86.433,3.286,42.3864,27.9266,9.228,87.7015,59.7551,2.3095,46.6499,33.7404,0.0,8.3005,26.7322,-72.9183,0.0,0.0,24.7937,10.3288],"direction":[null,null,null,null,13.4077,-31.1378,-71.1356,0.0,-72.4073,-76.7595,-78.4892,0.0,-66.211,0.0,56.4546,74.8158,61.7747,64.5654,64.8802,52.7636,66.9921,70.3978,71.1096,72.2329,74.9565,0.0,44.1224,57.8939,-16.4383,0.0,0.0,13.8357,27.8754],"intensity":[null,null,null,null,75.0,20.0,83.3333,42.8571,62.5,66.6667,50.0,36.3636,25.0,23.0769,100.0,100.0,87.5,17.6471,22.2222,5.2632,60.0,57.1429,90.9091,17.3913,75.0,96.0,7.6923,66.6667,89.2857,86.2069,46.6667,77.4194,3.125],"confirmation":[50.5642,32.156,40.6591,40.2987,53.5788,75.6417,86.538,8.6276,89.3033,89.1409,89.9469,38.0819,89.0817,8.2525,88.465,92.2538,53.685,85.3376,82.5637,78.0422,92.2042,89.5655,54.7108,84.8353,85.2661,35.2068,77.1905,81.7865,10.3793,6.139,27.09,75.2486,55.0],"persistence":[null,null,100.0,50.0,60.0,33.3333,14.2857,12.5,12.5,37.5,62.5,50.0,75.0,62.5,37.5,25.0,0.0,25.0,50.0,62.5,87.5,100.0,100.0,100.0,100.0,87.5,87.5,87.5,62.5,50.0,37.5,37.5,37.5],"assessmentRisk":[null,null,null,null,0.4881,25.6594,20.4142,24.8818,16.5798,16.5688,14.6521,47.6147,12.1696,16.6774,19.3913,12.7729,36.9209,22.241,25.522,11.554,11.2106,15.3628,34.2563,23.7266,22.0179,22.6469,6.6707,14.604,38.1073,8.2088,17.9783,45.4723,6.7312],"volumeParticipation":true,"latest":{"consensus":22.8,"control":26.2,"force":10.3,"direction":27.9,"confirmation":55.0,"persistence":37.5,"assessmentRisk":6.7,"intensity":3.1,"evidenceDepth":100},"analysis":{"status":"Price structure has the available support","headline":"The gauges support the price-technical view","summary":"Market Dynamics does not provide a directional confirmation. The completed evidence supports the upward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"positive","supportedView":"Price structure","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is strengthening","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+22.8","detail":"Price structure has the available support","tone":"positive"},{"label":"SM Control Gauge","value":"+26.2","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+10.3","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+27.9","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"66.8","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"4.3%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"28.1","detail":"Directional","tone":"positive"},{"label":"Range position","value":"83%","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":[36.7485,37.7772,38.351,36.2539,37.0407,36.6628,34.6138,35.4592,33.7484,32.4057,31.3016,32.7339,31.978,32.9428,35.5686,38.2641,38.0055,38.72,39.08,39.13,40.84,42.13,42.89,43.56,45.31,42.7363,43.1242,44.7254,43.4325,42.965,42.56,43.7,43.9],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,37.0255,36.9596,36.5331,36.3378,35.867,35.2377,34.522,34.1969,33.7935,33.6388,33.9897,34.7669,35.3557,35.9674,36.5333,37.0054,37.7026,38.5076,39.3044,40.0782,41.0294,41.3397,41.6642,42.2208,42.4411,42.5363,42.5406,42.7514,42.9603],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,35.2678,35.0956,35.1306,35.3628,35.5585,35.7927,36.0362,36.2654,36.6042,37.0135,37.4488,37.9015,38.4503,38.7678,39.0905,39.5079,39.7986,40.0331,40.2203,40.4781,40.7315],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,39.4245,39.761,39.6235,39.5497,39.3641,39.2731,39.6461,39.8864,40.2163,40.5522,40.8353,41.4871,42.282,43.1183,44.1621,45.4539,46.0893,46.7289,47.5793,48.0398,48.2071,48.0094,47.9599,47.5342],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,32.3878,31.2141,30.8926,30.4618,30.3527,30.5384,30.5852,30.6849,30.7365,30.78,30.8433,30.6006,30.241,29.8586,29.5454,29.0805,29.0525,29.2639,29.3401,29.848,30.7367,32.0603,33.2063,34.8242],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"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,74.0741,91.8367,70.2741,72.2259,139.2919,166.4474,158.3483,141.4634,104.5593,20.4204,80.6741,79.629,87.385,252.1008,76.1185,9.828,234.6652,1.6968,78.8732,4.4944,28.2152,429.2262,299.246,167.1827,76.1184,39.4786],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,78.0994,65.0,65.0,65.0,77.7505,65.0,79.6512,93.1395,103.1395,101.2791,108.5465,115.6395,123.3721,135.0,135.0,135.0,135.0,135.0,131.51,131.6845,132.7564,112.9131,97.0833,87.6603,91.9231,94.0515],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"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,35.9945,36.3509,34.9097,33.5714,31.4275,29.7189,28.1323],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,11.2026,20.4692,28.3237,27.2045,25.6354,26.8016,26.5898,28.6571,30.7934,36.4546,34.9675,38.4095,34.2229,33.6621,38.9396,32.1358,30.1976,26.8408,27.0484,26.1132],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,18.4888,15.7513,13.5163,12.9822,13.2564,12.6565,11.6094,10.5034,9.763,8.9643,8.5986,7.9732,18.004,17.709,16.3002,23.1879,21.7894,24.997,23.2712,22.4666],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,33.8732,4.2094,8.7331,1.283,19.7589,10.0078,22.4533,56.3258,88.5287,85.2868,94.2432,94.9385,90.3166,97.2749,100.0,90.199,95.3696,100.0,81.7568,84.5062,95.8562,79.608,76.5654,73.929,81.3493,82.6512],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-8.9724,-13.3642,-16.8112,-19.6455,-15.9686,-17.9092,-15.4324,-8.6915,-2.3356,-2.9957,-1.1721,-1.0633,-2.1261,-0.6568,0.0,-2.8759,-1.3587,0.0,-5.6803,-4.8242,-1.2902,-6.7279,-7.7317,-8.6015,-6.1534,-5.7239],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,5.3176,0.6825,1.9718,0.3188,4.9091,2.4865,5.5786,13.9943,22.6331,21.8043,24.0941,25.2478,25.4081,30.8885,35.0228,37.4585,39.6058,45.2144,36.9659,38.209,43.3408,39.1971,37.699,36.4009,40.0545,40.6955],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"momentum","eyebrow":"Momentum pressure","title":"Directional pressure and rotation","description":"Two independent momentum views show whether pressure is broadening, fading or stretched.","reason":"Selected because momentum has changed character across the latest observations.","series":[{"label":"Momentum","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,66.2293,71.1475,70.0928,71.3561,71.998,72.0915,75.149,77.1801,78.3051,79.275,81.5903,69.3243,70.0549,72.9222,67.3172,65.3612,63.6358,66.3299,66.7947],"stroke":"#063b66","width":2.0},{"label":"Rotation","values":[null,null,null,null,null,null,17.8775,33.8732,4.2094,8.7331,1.283,19.7589,10.0078,22.4533,56.3258,88.5287,85.2868,94.2432,94.9385,90.3166,97.2749,100.0,90.199,95.3696,100.0,80.724,83.629,94.991,71.5365,60.0735,55.5818,66.5473,68.8823],"stroke":"#1678a7","width":1.5},{"label":"Rotation signal","values":[null,null,null,null,null,null,null,25.8754,18.6534,15.6053,4.7419,9.925,10.3499,17.4067,29.5956,55.7693,76.7138,89.3529,91.4895,93.1661,94.1766,95.8638,95.8246,95.1895,95.1895,92.0312,88.1177,86.448,83.3855,75.5337,62.3973,60.7342,63.6705],"stroke":"#b87806","width":1.4}],"guides":[{"label":"Upper zone","values":[70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0],"stroke":"#c13f3f","width":1.0,"dash":[6,5]},{"label":"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]},{"label":"Lower zone","values":[30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0],"stroke":"#07865c","width":1.0,"dash":[6,5]}],"dates":["2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[0.0,0.0,0.0,-5.4681,-3.4164,-4.402,-9.7447,-7.5402,-12.0011,-15.5023,-18.3812,-14.6465,-16.6176,-14.1018,-7.2549,-0.2264,-0.9007,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-5.6803,-4.8242,-1.2902,-4.1437,-5.1754,-6.0693,-3.5533,-3.1119],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,2.4425,0.0,0.0,0.0,4.5758,2.1608,5.2431,13.632,22.2434,21.4172,23.6997,24.8498,25.0096,30.4726,34.5937,37.0217,39.1622,44.753,36.5306,37.7698,42.8853,38.7548,37.2614,35.9675,39.6095,40.2484],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]}]},"canonical_url":"https://sharemaestro.com/terminal/084c8633-cb20-4e66-a06e-ea8d1f5a3d7f/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/084c8633-cb20-4e66-a06e-ea8d1f5a3d7f/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/084c8633-cb20-4e66-a06e-ea8d1f5a3d7f/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/084c8633-cb20-4e66-a06e-ea8d1f5a3d7f/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/084c8633-cb20-4e66-a06e-ea8d1f5a3d7f/technical-pack/data.json"},"source_fingerprint":"5e87360bc2d7f1fbd1a05823559121d64e5a8057f54dbcdc0e5a18cb650f71b2","content_hash":"2511c090eb699f9ea2cba1a3c4f1c91af97d7286965d4f4aa126758371ea5d32","citation":"Sharemaestro, MS Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/084c8633-cb20-4e66-a06e-ea8d1f5a3d7f/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."}