{"schema_version":"1.0","name":"TESSIN Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"195dd17c-c1ce-4405-8e40-7d84cb96a0ec","symbol":"TESSIN","name":"Tessin Nordic Holding AB (publ)","exchange":"STO","country":"SE","asset_type":"equity","currency":"SEK","sector":"Real Estate","industry":"Real Estate Services"},"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, Activity pressure and cumulative balance, Range pressure and compression, Range position and boundary pressure, Directional strength and control."},{"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":34,"displayedObservations":34,"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":["2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"values":[-0.345792,-0.474032,-0.42072,-0.353356,-0.311548,-0.242246],"opens":[2.79,2.8,3.3,2.63,3.3,2.77],"highs":[3.14,3.47,3.32,3.35,3.3,3.05],"lows":[2.7,2.8,2.66,2.63,2.76,2.7],"closes":[3.14,2.95,3.2,3.1,2.8,2.94],"hoverRows":[[{"label":"Open","value":"2.79","className":"is-ohlc","compact":true},{"label":"High","value":"3.14","className":"is-ohlc","compact":true},{"label":"Low","value":"2.70","className":"is-ohlc","compact":true},{"label":"Close","value":"3.14","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":"2.80","className":"is-ohlc","compact":true},{"label":"High","value":"3.47","className":"is-ohlc","compact":true},{"label":"Low","value":"2.80","className":"is-ohlc","compact":true},{"label":"Close","value":"2.95","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":"3.30","className":"is-ohlc","compact":true},{"label":"High","value":"3.32","className":"is-ohlc","compact":true},{"label":"Low","value":"2.66","className":"is-ohlc","compact":true},{"label":"Close","value":"3.20","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":"2.63","className":"is-ohlc","compact":true},{"label":"High","value":"3.35","className":"is-ohlc","compact":true},{"label":"Low","value":"2.63","className":"is-ohlc","compact":true},{"label":"Close","value":"3.10","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":"3.30","className":"is-ohlc","compact":true},{"label":"High","value":"3.30","className":"is-ohlc","compact":true},{"label":"Low","value":"2.76","className":"is-ohlc","compact":true},{"label":"Close","value":"2.80","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}],[{"label":"Open","value":"2.77","className":"is-ohlc","compact":true},{"label":"High","value":"3.05","className":"is-ohlc","compact":true},{"label":"Low","value":"2.70","className":"is-ohlc","compact":true},{"label":"Close","value":"2.94","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":[2.776,3.224],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened 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 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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 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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":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened 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","2026-02-20","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":[5.7,5.82,6.0,7.96,7.0,6.94,6.0,5.5,5.08,5.4,4.82,3.63,3.62,4.9,5.28,4.72,4.49,3.91,4.18,3.74,3.05,3.49,3.2,3.24,3.3,3.44,3.3,3.56,3.14,2.95,3.2,3.1,2.8,2.94],"consensus":[-100.0,-96.3636,-23.0769,30.4746,24.1644,11.8019,-18.0912,-32.5847,-31.1431,0.0,-42.9695,-57.1037,-33.3793,13.5943,18.5207,-16.5965,0.0,-39.0245,-9.4947,-38.7025,-50.3824,0.0,-12.8892,0.0,0.0,0.0,-22.2117,15.7635,-10.6411,-25.0471,0.0,-9.4842,-38.958,-0.5377],"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","2026-08-21"],"control":[null,null,null,null,null,2.6539,-25.7286,-26.5444,-22.2538,0.0,-45.8546,-59.8591,-26.6519,25.1385,19.322,-22.0298,0.0,-43.7521,-6.2783,-45.9846,-43.8402,0.0,-1.6218,0.0,0.0,0.0,-31.8656,21.655,-1.3627,-26.3724,0.0,-2.5753,-41.9992,-0.3523],"force":[-100.0,-96.3636,-23.0769,30.4746,12.5714,1.7172,-21.8977,-32.9346,-27.9502,0.0,-40.7148,-46.595,-14.2866,35.339,28.4759,-38.153,0.0,-42.0415,-9.3017,-35.3121,-70.1785,0.0,-1.7537,0.0,0.0,0.0,-20.0905,27.7525,-14.0353,-19.1644,0.0,-5.7275,-53.5308,-14.8787],"direction":[null,null,null,null,50.4042,29.46,-6.6439,-39.238,-43.5829,0.0,-41.2827,-61.4608,-54.7052,15.131,10.4942,-5.0106,0.0,-31.4664,-26.5966,-32.8019,-43.7192,0.0,-36.2253,0.0,0.0,0.0,-12.6939,0.4668,-18.8205,-27.7345,0.0,-20.0635,-25.0733,-12.5667],"intensity":[null,null,null,null,75.0,60.0,83.3333,42.8571,87.5,22.2222,50.0,81.8182,50.0,84.6154,21.4286,46.6667,43.75,41.1765,11.1111,31.5789,80.0,61.9048,9.0909,4.3478,37.5,24.0,26.9231,7.4074,39.2857,24.1379,6.6667,6.4516,21.875,12.1212],"confirmation":[54.6667,53.503,30.0513,32.4185,10.0761,26.2753,51.1222,78.5298,78.0039,28.2706,81.6375,85.9109,78.202,30.7316,74.2178,52.2873,1.0792,80.5077,4.4988,80.1705,84.8254,31.5115,26.8908,4.9546,26.1488,3.5698,74.896,50.6533,48.9833,75.8156,3.0872,25.6924,80.8644,2.9651],"persistence":[null,null,100.0,50.0,20.0,0.0,14.2857,25.0,25.0,12.5,12.5,37.5,62.5,62.5,37.5,37.5,25.0,37.5,37.5,37.5,37.5,50.0,75.0,62.5,62.5,50.0,50.0,25.0,25.0,37.5,25.0,37.5,50.0,50.0],"assessmentRisk":[null,null,null,null,30.2086,35.4683,9.0456,33.2305,33.2232,44.9692,23.4492,20.3524,30.8134,33.0328,15.0796,50.6972,44.8806,26.6405,42.3202,27.024,23.943,32.7521,39.6274,31.5632,25.6103,5.4055,24.534,28.1742,16.5932,32.1926,15.3521,40.3377,21.1055,1.7669],"volumeParticipation":true,"latest":{"consensus":-0.5,"control":-0.4,"force":-14.9,"direction":-12.6,"confirmation":3.0,"persistence":50.0,"assessmentRisk":1.8,"intensity":12.1,"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 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":"Control support is limited","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-0.5","detail":"Price structure has the available support","tone":"negative"},{"label":"SM Control Gauge","value":"-0.4","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-14.9","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-12.6","detail":"Downward 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downward.","series":[{"label":"Close","values":[5.7,5.82,6.0,7.96,7.0,6.94,6.0,5.5,5.08,5.4,4.82,3.63,3.62,4.9,5.28,4.72,4.49,3.91,4.18,3.74,3.05,3.49,3.2,3.24,3.3,3.44,3.3,3.56,3.14,2.95,3.2,3.1,2.8,2.94],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,6.321,6.4336,6.3547,6.1993,5.9958,5.8875,5.6934,5.3182,5.0095,4.9896,5.0424,4.9838,4.894,4.7151,4.6178,4.4582,4.2022,4.0727,3.914,3.7915,3.7021,3.6544,3.59,3.5845,3.5037,3.403,3.3661,3.3177,3.2236,3.172],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,5.5041,5.4593,5.446,5.3923,5.3254,5.2206,5.1435,5.0395,4.8922,4.7883,4.6706,4.5647,4.471,4.3946,4.3135,4.2577,4.1749,4.0842,4.0187,3.9506,3.8654,3.7969],"stroke":"#07865c","width":1.8},{"label":"Upper 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TESSIN Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/195dd17c-c1ce-4405-8e40-7d84cb96a0ec/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."}