{"schema_version":"1.0","name":"001396 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"116e5ee5-a249-45e5-b150-e50709fd099a","symbol":"001396","name":"Shanghai Re·fine Environment Sci-tech Ltd.","exchange":"SHZ","country":"CN","asset_type":"equity","currency":"CNY","sector":"Industrials","industry":"Infrastructure Operations"},"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, Drawdown and recovery pressure, Range pressure and compression, Activity pressure and cumulative balance, Range position and boundary pressure, Acceleration, deceleration and rollover."},{"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":33,"displayedObservations":33,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","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":["2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"values":[-0.992306,-1.302048,-1.228404,-1.169843,-1.130944],"opens":[31.299999,30.389999,32.720001,35.25,34.290001],"highs":[31.93,33.0,35.959999,36.279999,35.07],"lows":[29.1,30.389999,32.720001,34.330002,32.59],"closes":[30.75,32.66,34.790001,34.48,33.419998],"hoverRows":[[{"label":"Open","value":"31.3","className":"is-ohlc","compact":true},{"label":"High","value":"31.9","className":"is-ohlc","compact":true},{"label":"Low","value":"29.1","className":"is-ohlc","compact":true},{"label":"Close","value":"30.8","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":"30.4","className":"is-ohlc","compact":true},{"label":"High","value":"33.0","className":"is-ohlc","compact":true},{"label":"Low","value":"30.4","className":"is-ohlc","compact":true},{"label":"Close","value":"32.7","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":"32.7","className":"is-ohlc","compact":true},{"label":"High","value":"36.0","className":"is-ohlc","compact":true},{"label":"Low","value":"32.7","className":"is-ohlc","compact":true},{"label":"Close","value":"34.8","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":"35.2","className":"is-ohlc","compact":true},{"label":"High","value":"36.3","className":"is-ohlc","compact":true},{"label":"Low","value":"34.3","className":"is-ohlc","compact":true},{"label":"Close","value":"34.5","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":"34.3","className":"is-ohlc","compact":true},{"label":"High","value":"35.1","className":"is-ohlc","compact":true},{"label":"Low","value":"32.6","className":"is-ohlc","compact":true},{"label":"Close","value":"33.4","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}]],"pressureRange":[-2.3,2.3],"priceRange":[30.5076,35.032401],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"slight strengthening","fourWeekDirection":"weakening","now":{"label":"Slightly 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 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 improved this week but remains below zero.","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":true,"asOf":"2026-08-21","observations":26,"relationship":{"sameWeekCorrelation":0.48,"forwardCorrelation":-0.24,"directionalAgreement":0.0,"sample":1,"correlationSample":25,"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":8.7,"averageReturn":8.7,"confidenceLow":20.7,"confidenceHigh":100.0,"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":6.2,"sample":1},{"week":2,"averageReturn":13.1,"sample":1},{"week":3,"averageReturn":12.1,"sample":1},{"week":4,"averageReturn":8.7,"sample":1},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"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}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"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":-0.9,"sample":1},{"week":2,"averageReturn":-3.9,"sample":1},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"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}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"medianExpectedMove":9.2,"averageExpectedMove":9.3,"averageWeeksToLargestMove":5.7,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"averageReturn":-3.0,"medianReturn":0.7,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-23.8,"medianReturn":-25.3,"confidenceLow":0.0,"confidenceHigh":56.1,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-2.4,"sample":3},{"week":2,"averageReturn":-1.1,"sample":3},{"week":3,"averageReturn":-4.3,"sample":3},{"week":4,"averageReturn":-3.0,"sample":3},{"week":5,"averageReturn":-11.5,"sample":3},{"week":6,"averageReturn":-10.9,"sample":3},{"week":7,"averageReturn":-14.3,"sample":3},{"week":8,"averageReturn":-23.5,"sample":3},{"week":9,"averageReturn":-20.5,"sample":3},{"week":10,"averageReturn":-23.3,"sample":3},{"week":11,"averageReturn":-21.9,"sample":3},{"week":12,"averageReturn":-23.8,"sample":3},{"week":13,"averageReturn":-21.3,"sample":2},{"week":14,"averageReturn":-27.4,"sample":2},{"week":15,"averageReturn":-29.8,"sample":1},{"week":16,"averageReturn":-29.2,"sample":1},{"week":17,"averageReturn":-45.4,"sample":1},{"week":18,"averageReturn":-42.0,"sample":1},{"week":19,"averageReturn":-38.3,"sample":1},{"week":20,"averageReturn":-38.8,"sample":1},{"week":21,"averageReturn":-40.7,"sample":1},{"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":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":8.7,"medianReturn":8.7,"confidenceLow":0.0,"confidenceHigh":79.3,"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":6.2,"sample":1},{"week":2,"averageReturn":13.1,"sample":1},{"week":3,"averageReturn":12.1,"sample":1},{"week":4,"averageReturn":8.7,"sample":1},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"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}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"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,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"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}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":14.5,"averageExpectedMove":14.5,"averageWeeksToLargestMove":5.5,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"averageReturn":-3.9,"medianReturn":4.4,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":0,"expectedPercent":0.0,"averageReturn":-16.7,"medianReturn":-16.7,"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":1.1,"sample":3},{"week":2,"averageReturn":2.6,"sample":3},{"week":3,"averageReturn":-2.6,"sample":3},{"week":4,"averageReturn":-3.9,"sample":3},{"week":5,"averageReturn":-3.5,"sample":3},{"week":6,"averageReturn":-6.2,"sample":3},{"week":7,"averageReturn":-5.6,"sample":3},{"week":8,"averageReturn":2.1,"sample":2},{"week":9,"averageReturn":-13.2,"sample":2},{"week":10,"averageReturn":-10.5,"sample":2},{"week":11,"averageReturn":-14.3,"sample":2},{"week":12,"averageReturn":-16.7,"sample":2},{"week":13,"averageReturn":-17.5,"sample":2},{"week":14,"averageReturn":-31.1,"sample":1},{"week":15,"averageReturn":-26.8,"sample":1},{"week":16,"averageReturn":-22.0,"sample":1},{"week":17,"averageReturn":-22.7,"sample":1},{"week":18,"averageReturn":-25.1,"sample":1},{"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":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"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,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"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}]},"currentApplication":{"status":"Evidence developing","tone":"neutral","headline":"Market Dynamics is negative while price remains rotational","use":"Treat the pressure as context until price establishes a clear response.","confirm":"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.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"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.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","sample":0},"nowContext":{"label":"Slightly 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 structure is downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"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":"The current relationship is visible, but this ticker does not yet have a completed comparable outcome.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."}]},"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":["2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","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":[43.15,40.26,43.67,42.19,44.68,44.6,46.15,56.35,50.47,49.3,44.62,45.73,43.3797,45.9683,46.5856,44.2658,46.6454,50.4885,50.8768,46.4363,46.9739,41.4,39.55,39.9,34.77,36.13,35.29,30.99,30.75,32.66,34.79,34.48,33.42],"consensus":[-97.5937,-85.799,84.428,-43.8886,12.0477,0.0,8.4676,46.7176,0.0,0.0,-21.1648,0.0,-25.2854,0.0,0.0,-20.2239,16.2926,31.2451,0.0,-18.6387,0.0,-31.9756,-28.1043,-19.5603,-48.5681,-21.5516,-22.8946,-49.8437,-28.4398,0.0,0.0,-16.2729,-17.0287],"supportDates":["2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","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,0.0,8.0663,40.7876,0.0,0.0,-27.5776,0.0,-28.2609,0.0,0.0,-24.6132,18.6798,38.0936,0.0,-26.5281,0.0,-33.0277,-24.9701,-15.5831,-54.2986,-17.8649,-18.8006,-55.0681,-25.6397,0.0,0.0,-29.8117,-26.7697],"force":[-97.5937,-85.799,84.428,-43.8886,16.0087,0.0,4.8747,55.2923,0.0,0.0,-28.316,0.0,-23.9265,0.0,0.0,-27.8932,23.6202,33.3578,0.0,-35.876,0.0,-28.0606,-16.1457,-4.9906,-36.3359,-0.7002,-5.2708,-35.2876,-6.8262,0.0,0.0,-8.6784,-10.0105],"direction":[null,null,null,null,9.2184,0.0,11.4926,47.37,0.0,0.0,-8.7279,0.0,-22.8555,0.0,0.0,-9.7295,8.3304,21.9092,0.0,-2.6902,0.0,-33.5696,-40.228,-34.5126,-50.7561,-40.6589,-40.1619,-54.2702,-47.0782,0.0,0.0,-6.2247,-10.9091],"intensity":[null,null,null,null,50.0,20.0,16.6667,85.7143,75.0,33.3333,70.0,54.5455,25.0,53.8462,14.2857,53.3333,43.75,76.4706,83.3333,73.6842,65.0,90.4762,18.1818,4.3478,83.3333,8.0,11.5385,62.963,10.7143,27.5862,60.0,22.5806,25.0],"confirmation":[53.8966,50.1223,49.6836,36.711,49.3697,24.1601,47.9396,83.3013,29.4411,25.6876,74.893,3.5267,76.0046,48.913,2.3397,74.6385,73.4006,77.9585,25.823,52.2767,1.563,78.0968,76.6767,51.2092,83.0817,51.6506,52.1849,83.4268,53.818,6.9111,5.3288,50.1029,55.0],"persistence":[null,null,33.3333,50.0,20.0,16.6667,0.0,12.5,25.0,37.5,12.5,25.0,0.0,0.0,12.5,37.5,25.0,12.5,0.0,12.5,0.0,12.5,25.0,25.0,50.0,75.0,87.5,87.5,100.0,87.5,75.0,75.0,75.0],"assessmentRisk":[null,null,null,null,20.128,45.1266,36.1907,26.5625,44.9919,38.6984,6.1816,48.2904,34.3646,37.4467,19.7323,8.072,26.2943,25.2411,37.157,33.433,3.2516,33.831,35.908,39.4772,25.6931,36.5496,34.0554,24.8647,29.9501,38.557,10.0229,51.5875,48.2704],"volumeParticipation":true,"latest":{"consensus":-17.0,"control":-26.8,"force":-10.0,"direction":-10.9,"confirmation":55.0,"persistence":75.0,"assessmentRisk":48.3,"intensity":25.0,"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 downward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Commitment is limited","forcePath":"Broadly stable","directionState":"Follow-through is limited","persistenceState":"Established","confirmationState":"Qualified support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-17.0","detail":"Price structure has the available support","tone":"negative"},{"label":"SM Control Gauge","value":"-26.8","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-10.0","detail":"Commitment is limited","tone":"negative"},{"label":"SM Direction Gauge","value":"-10.9","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"33.3","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"16.5%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"20.4","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"13%","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 downward.","series":[{"label":"Close","values":[43.15,40.26,43.67,42.19,44.68,44.6,46.15,56.35,50.47,49.3,44.62,45.73,43.3797,45.9683,46.5856,44.2658,46.6454,50.4885,50.8768,46.4363,46.9739,41.4,39.55,39.9,34.77,36.13,35.29,30.99,30.75,32.66,34.79,34.48,33.42],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,43.0609,43.3407,43.8515,46.1239,46.9141,47.3479,46.8519,46.648,46.0537,46.0382,46.1377,45.7974,45.9516,46.7765,47.522,47.3246,47.2608,46.1952,44.987,44.0621,42.3726,41.2376,40.1562,38.4896,37.0824,36.2783,36.0077,35.73,35.31],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,45.0174,45.0878,45.1988,45.1296,45.2419,45.6306,46.0192,46.0501,46.1185,45.769,45.3083,44.9077,44.1568,43.5622,42.9494,42.0635,41.2255,40.591,40.1613,39.7405,39.2723],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,55.0857,54.5748,54.1902,53.7856,53.5104,53.3144,53.0179,52.8684,53.2618,53.6495,53.471,53.5197,53.3902,53.7419,53.944,54.9122,55.3929,55.7379,54.677,54.5024,53.9735,53.7538,53.3324,53.139],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,37.0783,37.3234,37.6714,37.6836,37.9922,38.2994,38.4033,38.6628,38.7941,38.9168,39.1107,39.4443,39.6878,38.9241,38.493,36.5338,35.2061,33.7751,32.3001,30.5026,29.3675,28.6042,27.9007,27.0981],"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","2026-02-27","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":"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,-6.6976,0.0,-3.3891,0.0,-0.1791,0.0,0.0,-10.4348,-12.5111,-20.8163,-18.8465,-23.0174,-18.4236,-17.3281,-21.4449,-17.2221,-10.402,-9.7129,-17.5931,-16.639,-26.5306,-29.8137,-29.1925,-38.2964,-35.8829,-37.3736,-45.0044,-45.4303,-42.0408,-38.2609,-38.811,-40.6921],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,39.9652,25.3602,22.4541,10.8296,13.5867,7.7488,14.1787,15.7119,9.9498,15.8603,25.4061,26.3706,15.341,16.6764,2.8316,0.0,0.885,0.0,3.9114,1.4955,0.0,0.0,6.2114,13.1382,12.1301,8.6829],"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","2026-02-27","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,25.5563,23.8957,24.396,22.2601,19.6855,18.8737,20.3164,19.4336,21.5402,21.3526,19.965,22.363,20.3359,19.7234,21.9461,21.1949,19.1008,17.3281,16.639,16.4706],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,39.0768,37.5448,35.9645,35.2075,33.9185,32.779,31.9721,31.0398,31.4323,31.8317,31.0219,30.2813,29.4427,31.9811,33.4303,40.1951,44.563,49.0717,51.4547,56.4669,59.0488,61.0737,62.6141,64.9098],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-27","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,116.0186,99.4745,86.7591,52.534,64.3849,32.214,26.4536,51.5377,91.0347,67.4178,50.2593,88.8178,78.829,67.4209,10.6071,9.5146,42.8977,11.5937,8.3737,16.8843,13.3599,78.4925,65.121,93.8148,71.4929,55.545],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,116.5802,93.1575,73.0251,65.0,77.5234,71.5925,76.2021,84.8821,69.6411,80.7029,88.7149,102.7863,90.4351,100.3505,98.9513,97.809,102.6844,101.4476,102.2861,100.6966,99.597,93.7402,98.1486,104.2929,99.9013,96.5612],"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","2026-02-27","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,66.8968,43.0138,38.2616,19.2526,23.7612,14.2148,24.7292,27.2365,17.814,27.4791,43.0889,44.6661,26.6299,28.8136,6.1738,1.7717,3.3779,0.5686,5.1171,4.0015,1.3925,5.102,11.008,17.5943,16.6357,13.3581],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-12.6357,-21.7519,-23.5659,-30.8217,-29.1008,-32.7447,-28.7313,-27.7742,-31.3709,-27.6816,-21.7233,-21.1213,-28.0058,-27.1722,-35.814,-38.6822,-38.1395,-46.093,-43.9845,-42.5618,-49.5605,-49.9512,-46.8424,-43.3756,-43.8802,-45.6055],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,41.2989,26.5547,23.6209,11.8857,14.669,8.7755,15.2666,16.8145,10.9975,16.9643,26.601,27.5747,16.44,17.7882,3.8114,1.1509,2.2029,0.4913,4.422,3.1871,1.4071,5.6701,12.2337,19.5533,18.488,14.8454],"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","2026-02-27","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 direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,0.9091,0.8451,0.8345,0.6317,0.6555,0.9731,1.2419,1.0841,0.991,0.4622,-0.105,-0.5203,-1.249,-1.6971,-2.0959,-2.7275,-3.2104,-3.3998,-3.3395,-3.2789,-3.2787],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.7979,0.8329,0.9147,0.9486,0.9571,0.8581,0.6655,0.4283,0.0929,-0.2651,-0.6313,-1.0505,-1.4825,-1.866,-2.1607,-2.3843,-2.5632],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.1424,0.1402,0.3272,0.1355,0.0339,-0.3959,-0.7705,-0.9486,-1.3418,-1.432,-1.4646,-1.677,-1.7279,-1.5338,-1.1788,-0.8946,-0.7155],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"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],"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","2026-02-27","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/116e5ee5-a249-45e5-b150-e50709fd099a/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/116e5ee5-a249-45e5-b150-e50709fd099a/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/116e5ee5-a249-45e5-b150-e50709fd099a/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/116e5ee5-a249-45e5-b150-e50709fd099a/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/116e5ee5-a249-45e5-b150-e50709fd099a/technical-pack/data.json"},"source_fingerprint":"50f1d62958c7c2902dae3bb6b04e9096459d88e9cb4cc3948f026ce30666f6dc","content_hash":"24d099dd5fd7fc24e69b6f7eb933d44e1c87c644765561bd6606dbe079e18ec6","citation":"Sharemaestro, 001396 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/116e5ee5-a249-45e5-b150-e50709fd099a/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."}