{"schema_version":"1.0","name":"GLGG Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"215972dc-a94e-4ed5-8758-ce5c169e6df7","symbol":"GLGG","name":"LEVERAGE SHARES 2X LONG GLXY DAILY ETF","exchange":"NASDAQ","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Price structure and the underlying tape currently reinforce the same downside read.","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 position and boundary pressure, Directional strength and control, Range pressure and compression."},{"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":53,"displayedObservations":53,"assetType":"ETF","state":"Aligned downward","stateTone":"negative","summary":"Price structure and the underlying tape currently reinforce the same downside read.","evidenceAlignment":{"status":"Evidence aligned downward","headline":"Downward price structure is confirmed by Market Dynamics","summary":"Price structure and the underlying tape currently reinforce the same downside read.","take":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","tone":"negative","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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"],"values":[-0.259509,-0.40602,-0.477392,-0.573483,-0.640392,-0.615857,-0.491425,-0.388922,-0.182033,0.07574,0.280792,0.491842,0.61772,0.652653,0.736388,0.79455,0.796881,0.690181,0.529229,0.264449,0.003829,-0.134091,-0.313063,-0.311041,-0.254838],"opens":[5.77,5.63,7.27,5.68,4.4,4.0208,5.5394,7.86,8.12,9.62,10.5,9.69,10.0018,9.56,7.68,13.05,13.05,8.91,6.45,5.99,5.12,5.27,3.78,3.76,4.06],"highs":[8.34,6.88,7.84,6.48,4.54,6.2,9.005,9.03,10.0,11.84,12.7,10.25,10.85,11.1,13.22,13.15,13.6,8.91,7.12,6.31,6.6,5.43,4.6799,4.47,5.41],"lows":[5.63,5.49,5.1701,4.11,3.45,3.74,5.41,7.61,7.0,9.49,10.13,8.0,9.2425,6.4201,7.68,11.27,7.6,5.95,5.48,4.4,4.9945,3.13,3.1364,3.36,3.55],"closes":[5.751,6.7176,5.68,4.208,3.9684,5.89,8.31,8.277,9.5054,10.8412,10.2808,9.4971,10.0662,7.0833,11.8052,12.3058,8.8713,6.15,6.29,4.6498,4.9945,4.0624,3.62,4.118,4.8289],"hoverRows":[[{"label":"Open","value":"5.77","className":"is-ohlc","compact":true},{"label":"High","value":"8.34","className":"is-ohlc","compact":true},{"label":"Low","value":"5.63","className":"is-ohlc","compact":true},{"label":"Close","value":"5.75","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.26","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.63","className":"is-ohlc","compact":true},{"label":"High","value":"6.88","className":"is-ohlc","compact":true},{"label":"Low","value":"5.49","className":"is-ohlc","compact":true},{"label":"Close","value":"6.72","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.41","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.27","className":"is-ohlc","compact":true},{"label":"High","value":"7.84","className":"is-ohlc","compact":true},{"label":"Low","value":"5.17","className":"is-ohlc","compact":true},{"label":"Close","value":"5.68","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.48","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.68","className":"is-ohlc","compact":true},{"label":"High","value":"6.48","className":"is-ohlc","compact":true},{"label":"Low","value":"4.11","className":"is-ohlc","compact":true},{"label":"Close","value":"4.21","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.57","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.40","className":"is-ohlc","compact":true},{"label":"High","value":"4.54","className":"is-ohlc","compact":true},{"label":"Low","value":"3.45","className":"is-ohlc","compact":true},{"label":"Close","value":"3.97","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.64","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.02","className":"is-ohlc","compact":true},{"label":"High","value":"6.20","className":"is-ohlc","compact":true},{"label":"Low","value":"3.74","className":"is-ohlc","compact":true},{"label":"Close","value":"5.89","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.62","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.54","className":"is-ohlc","compact":true},{"label":"High","value":"9.01","className":"is-ohlc","compact":true},{"label":"Low","value":"5.41","className":"is-ohlc","compact":true},{"label":"Close","value":"8.31","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.49","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.86","className":"is-ohlc","compact":true},{"label":"High","value":"9.03","className":"is-ohlc","compact":true},{"label":"Low","value":"7.61","className":"is-ohlc","compact":true},{"label":"Close","value":"8.28","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.39","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.12","className":"is-ohlc","compact":true},{"label":"High","value":"10.0","className":"is-ohlc","compact":true},{"label":"Low","value":"7.00","className":"is-ohlc","compact":true},{"label":"Close","value":"9.51","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.18","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.62","className":"is-ohlc","compact":true},{"label":"High","value":"11.8","className":"is-ohlc","compact":true},{"label":"Low","value":"9.49","className":"is-ohlc","compact":true},{"label":"Close","value":"10.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.08","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.5","className":"is-ohlc","compact":true},{"label":"High","value":"12.7","className":"is-ohlc","compact":true},{"label":"Low","value":"10.1","className":"is-ohlc","compact":true},{"label":"Close","value":"10.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.28","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.69","className":"is-ohlc","compact":true},{"label":"High","value":"10.2","className":"is-ohlc","compact":true},{"label":"Low","value":"8.00","className":"is-ohlc","compact":true},{"label":"Close","value":"9.50","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.49","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.0","className":"is-ohlc","compact":true},{"label":"High","value":"10.8","className":"is-ohlc","compact":true},{"label":"Low","value":"9.24","className":"is-ohlc","compact":true},{"label":"Close","value":"10.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.62","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9.56","className":"is-ohlc","compact":true},{"label":"High","value":"11.1","className":"is-ohlc","compact":true},{"label":"Low","value":"6.42","className":"is-ohlc","compact":true},{"label":"Close","value":"7.08","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.65","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7.68","className":"is-ohlc","compact":true},{"label":"High","value":"13.2","className":"is-ohlc","compact":true},{"label":"Low","value":"7.68","className":"is-ohlc","compact":true},{"label":"Close","value":"11.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.74","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.1","className":"is-ohlc","compact":true},{"label":"High","value":"13.2","className":"is-ohlc","compact":true},{"label":"Low","value":"11.3","className":"is-ohlc","compact":true},{"label":"Close","value":"12.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.79","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.1","className":"is-ohlc","compact":true},{"label":"High","value":"13.6","className":"is-ohlc","compact":true},{"label":"Low","value":"7.60","className":"is-ohlc","compact":true},{"label":"Close","value":"8.87","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.80","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8.91","className":"is-ohlc","compact":true},{"label":"High","value":"8.91","className":"is-ohlc","compact":true},{"label":"Low","value":"5.95","className":"is-ohlc","compact":true},{"label":"Close","value":"6.15","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.69","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6.45","className":"is-ohlc","compact":true},{"label":"High","value":"7.12","className":"is-ohlc","compact":true},{"label":"Low","value":"5.48","className":"is-ohlc","compact":true},{"label":"Close","value":"6.29","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.53","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.99","className":"is-ohlc","compact":true},{"label":"High","value":"6.31","className":"is-ohlc","compact":true},{"label":"Low","value":"4.40","className":"is-ohlc","compact":true},{"label":"Close","value":"4.65","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.26","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.12","className":"is-ohlc","compact":true},{"label":"High","value":"6.60","className":"is-ohlc","compact":true},{"label":"Low","value":"4.99","className":"is-ohlc","compact":true},{"label":"Close","value":"4.99","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.00","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"5.27","className":"is-ohlc","compact":true},{"label":"High","value":"5.43","className":"is-ohlc","compact":true},{"label":"Low","value":"3.13","className":"is-ohlc","compact":true},{"label":"Close","value":"4.06","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.13","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"3.78","className":"is-ohlc","compact":true},{"label":"High","value":"4.68","className":"is-ohlc","compact":true},{"label":"Low","value":"3.14","className":"is-ohlc","compact":true},{"label":"Close","value":"3.62","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.31","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"3.76","className":"is-ohlc","compact":true},{"label":"High","value":"4.47","className":"is-ohlc","compact":true},{"label":"Low","value":"3.36","className":"is-ohlc","compact":true},{"label":"Close","value":"4.12","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.31","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.06","className":"is-ohlc","compact":true},{"label":"High","value":"5.41","className":"is-ohlc","compact":true},{"label":"Low","value":"3.55","className":"is-ohlc","compact":true},{"label":"Close","value":"4.83","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.25","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[3.098852,12.826948],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.254838,"state":"Negative and weakening","context":{"scenario":"negativeWeakening","latestDirection":"strengthening","fourWeekDirection":"weakening","now":{"label":"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":"Negative and weakening","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Negative and weakening","detail":"Market Dynamics improved this week but remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","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":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":25,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[16.1836,13.5968,13.4132,21.0731,25.5758,22.2953,30.0834,35.1369,31.9039,34.1878,26.0038,20.6548,13.947,10.9056,13.8983,12.5198,13.4116,10.53,9.9744,10.9567,11.0979,20.3483,17.3855,13.4238,5.7945,6.8564,6.5385,6.0625,5.751,6.7176,5.68,4.208,3.9684,5.89,8.31,8.277,9.5054,10.8412,10.2808,9.4971,10.0662,7.0833,11.8052,12.3058,8.8713,6.15,6.29,4.6498,4.9945,4.0624,3.62,4.118,4.8289],"consensus":[98.2891,-77.8655,-41.7915,48.7534,78.4852,17.4236,70.2323,62.0485,8.8266,47.3016,-38.9058,-53.4833,-70.0743,-62.8981,-13.4538,-41.8302,-20.4793,-40.2631,-42.0493,0.0,-30.8114,59.6909,0.0,-27.6565,-63.8976,-13.5746,-38.7681,-40.3079,-31.4339,0.0,-33.4394,-43.6339,-26.788,8.4178,30.2598,11.1439,33.1171,35.6356,0.0,0.0,14.8927,-43.3365,51.6706,27.2013,-33.1808,-46.331,-22.2307,-50.7517,-32.407,-38.2454,-35.22,0.0,-2.5146],"supportDates":["2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,null,null,null,5.167,74.4357,42.682,5.2117,27.1182,-33.7298,-38.2144,-60.2883,-53.6521,-1.0433,-35.4509,-25.2711,-46.6906,-49.3828,0.0,-36.4718,54.1761,0.0,-35.7659,-62.2521,-0.2368,-37.9791,-40.9443,-41.244,0.0,-40.224,-51.966,-27.9356,13.9905,29.6739,3.8587,29.8742,31.519,0.0,0.0,13.8185,-39.5451,47.4303,22.6966,-34.0337,-53.3938,-18.4422,-52.1606,-36.5976,-36.8792,-34.7424,0.0,-1.8505],"force":[-77.8655,-41.7915,48.7534,49.1164,15.6341,49.4181,66.2992,53.5192,46.8828,-88.6648,-82.6182,-88.4186,-65.9439,-29.1391,-27.4861,-1.126,-35.7486,-23.7628,0.0,-15.1508,95.8467,0.0,-46.2532,-86.4209,-19.4739,-21.6433,-25.4385,-15.8472,0.0,-25.9892,-36.9202,-9.1339,40.1826,50.9356,8.6901,37.5401,33.066,0.0,0.0,9.7563,-72.2666,82.1444,13.7984,-67.7009,-64.1163,-6.9275,-53.6279,-13.6063,-38.4986,-24.9631,0.0,-30.8293],"direction":[null,null,null,99.4628,66.8539,80.2957,81.1456,69.403,70.6675,-9.2791,-50.1228,-68.1552,-71.2895,-60.4455,-59.3667,-30.4353,-36.142,-46.73,0.0,-35.5286,40.168,0.0,-5.1052,-49.69,-52.4237,-51.902,-50.2015,-31.3558,0.0,-31.0073,-38.907,-38.0866,20.6401,16.1609,21.2225,33.664,42.1758,0.0,0.0,19.7891,-27.0053,34.7495,41.9232,-7.5488,-25.5555,-37.4912,-47.087,-41.0468,-39.626,-43.0921,0.0,-16.9512],"intensity":[null,null,null,75.0,60.0,100.0,100.0,50.0,55.5556,90.0,81.8182,50.0,61.5385,21.4286,13.3333,18.75,47.0588,16.6667,10.5263,30.0,90.4762,54.5455,52.1739,87.5,60.0,3.8462,3.7037,3.5714,24.1379,20.0,29.0323,37.5,36.3636,47.0588,42.8571,19.4444,45.9459,10.5263,46.1538,22.5,56.0976,71.4286,60.4651,61.3636,71.1111,32.6087,27.6596,6.25,36.7347,8.0,3.9216,15.3846],"confirmation":[47.5836,36.04,38.2678,69.106,9.3499,89.7759,88.2802,13.6676,83.4313,82.0452,86.2352,91.132,88.3611,9.667,81.0457,51.3955,80.6487,80.7867,6.1292,77.2961,88.287,4.7675,54.6266,89.1587,7.6943,79.8959,80.4357,77.4343,5.4643,78.3702,81.6313,76.0166,30.6467,78.3222,48.9356,78.7817,79.3878,4.9988,25.3837,72.6255,82.8071,85.5279,76.3646,56.9902,83.2603,52.0385,84.3067,77.7334,80.2671,78.9651,6.1494,13.294],"persistence":[null,33.3333,0.0,20.0,33.3333,42.8571,50.0,50.0,75.0,75.0,50.0,25.0,0.0,25.0,50.0,75.0,100.0,100.0,87.5,87.5,62.5,50.0,50.0,50.0,50.0,50.0,62.5,62.5,75.0,87.5,87.5,87.5,62.5,37.5,12.5,12.5,25.0,37.5,50.0,75.0,50.0,50.0,50.0,25.0,0.0,12.5,25.0,50.0,50.0,75.0,87.5,75.0],"assessmentRisk":[null,null,null,9.8651,39.6965,14.8169,18.8248,39.9126,25.9813,13.9405,22.8976,14.8473,18.5389,42.3385,24.8794,4.5946,15.9816,14.2194,16.3179,14.7911,19.0156,44.9842,41.5896,10.7388,43.1169,30.2777,28.0241,15.127,0.777,5.1102,1.6507,9.4164,15.2801,23.3106,40.5989,32.4902,32.1663,44.2379,35.1038,15.17,27.7865,7.5102,31.8343,9.4395,3.344,38.2725,24.5581,31.376,19.2479,25.9476,9.1556,5.3132],"volumeParticipation":true,"latest":{"consensus":-2.5,"control":-1.9,"force":-30.8,"direction":-17.0,"confirmation":13.3,"persistence":75.0,"assessmentRisk":5.3,"intensity":15.4,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-2.5","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-1.9","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-30.8","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-17.0","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"13/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"40.6","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"59.4%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"14.0","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"16%","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":[16.1836,13.5968,13.4132,21.0731,25.5758,22.2953,30.0834,35.1369,31.9039,34.1878,26.0038,20.6548,13.947,10.9056,13.8983,12.5198,13.4116,10.53,9.9744,10.9567,11.0979,20.3483,17.3855,13.4238,5.7945,6.8564,6.5385,6.0625,5.751,6.7176,5.68,4.208,3.9684,5.89,8.31,8.277,9.5054,10.8412,10.2808,9.4971,10.0662,7.0833,11.8052,12.3058,8.8713,6.15,6.29,4.6498,4.9945,4.0624,3.62,4.118,4.8289],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,18.0238,18.8005,20.8519,23.4492,24.9864,26.6594,26.5402,25.4701,23.375,21.1078,19.797,18.4739,17.5535,16.2765,15.1306,14.3717,13.7765,14.9714,15.4103,15.0491,13.3665,12.1828,11.1566,10.2304,9.4159,8.9253,8.3353,7.5849,6.9273,6.7387,7.0244,7.2522,7.6618,8.2399,8.611,8.7721,9.0074,8.6575,9.2298,9.7891,9.6222,8.9909,8.4998,7.7998,7.2898,6.703,6.1424,5.7744,5.6025],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,21.1112,20.3552,19.8769,19.3319,18.8934,18.2739,17.6591,17.1626,16.7134,16.9826,17.0125,16.7467,15.9354,15.2629,14.6166,13.983,13.3732,12.8802,12.3468,11.744,11.168,10.777,10.5943,10.4226,10.3547,10.3907,10.3826,10.317,10.2984,10.0603,10.1895,10.3463,10.237,9.9343,9.6643,9.2929,8.9745,8.6106,8.241,7.9356,7.7054],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,40.1117,39.5589,38.753,38.4178,38.3427,37.8218,37.3884,36.8833,36.5627,36.2429,35.8365,35.9201,36.0761,36.0785,35.8948,35.61,35.4079,33.8466,30.6328,27.6998,22.9775,20.2463,18.7813,18.5358,18.4306,17.9355,17.6017,17.1749,17.204,17.2285,17.1074,17.0112,14.4247,12.8398,12.5526,12.6396,12.6462,12.6491,12.7235,12.7595,12.8671,12.9905,12.9971,12.9399],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,8.5783,9.4326,9.5984,8.3599,6.6518,6.0261,5.284,4.8568,4.0285,3.2619,2.7887,2.1966,2.7157,3.1105,2.5293,0.8359,-0.5058,-1.2991,-0.9927,-0.6749,1.3003,1.9991,1.8195,1.0671,0.6707,0.607,0.5165,0.5527,0.5547,0.5609,0.536,0.529,1.7891,2.8158,2.9912,3.212,3.1347,3.107,2.8913,2.7797,2.4065,2.0772,2.0616,2.2047],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"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,-15.9841,-17.1186,0.0,0.0,-12.8266,0.0,0.0,-9.2012,-2.7011,-25.9929,-41.2162,-60.3067,-68.9625,-60.4453,-64.3685,-61.8304,-70.0315,-71.6127,-68.8171,-68.4153,-42.0885,-50.5207,-61.7957,-83.5088,-80.4866,-81.3914,-82.7461,-83.6326,-80.8816,-83.8347,-88.024,-88.7059,-83.237,-76.3496,-76.4436,-72.9475,-69.1458,-70.7407,-72.9711,-71.3515,-79.8409,-66.4023,-64.9776,-74.7522,-82.497,-82.0986,-86.7666,-85.7856,-88.4384,-89.6974,-88.2801,-86.2569],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,161.9576,137.8545,154.8818,93.8672,53.9886,3.9797,0.0,27.4419,14.8016,22.979,0.0,0.0,9.8482,11.2638,104.0053,74.3012,34.5825,0.0,18.326,12.8398,4.6251,0.0,16.8075,0.0,0.0,0.0,48.4225,109.4043,108.5727,139.5273,173.1882,159.0666,139.3181,153.6589,78.4926,197.4801,210.0947,123.5485,54.9743,58.5022,17.1706,25.8568,2.3687,0.0,13.7569,33.395],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,267.0909,164.4493,273.0214,216.7959,254.7743,130.8775,304.4596,102.0595,128.1483,121.4907,104.1795,50.8417,89.273,110.8569,202.0402,100.8653,97.9915,203.1226,159.3744,151.8745,139.9716,147.2875,73.4274,71.567,73.6233,63.4528,96.7266,77.5843,52.5154,64.0662,68.2971,46.5418,41.9324,54.4249,113.5927,168.2018,92.3629,104.014,115.8692,164.9728,115.4887,126.8587,186.5982,193.0987,249.9736,196.0504],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,119.5667,135.0,115.5377,88.9209,74.8867,65.0,72.1287,65.0,73.2936,66.1642,65.0,70.5604,77.8647,92.5882,84.8851,77.1766,65.0,77.6068,65.0,65.0,65.0,68.807,65.1352,65.0,65.0,68.8415,71.9394,69.878,72.3676,75.0157,73.2,71.5792,73.6558,69.4334,75.9623,79.5641,75.6875,71.4784,77.455,73.3748,77.7199,70.9997,65.0,75.0668,83.5428],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"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,70.8161,60.7555,65.2537,40.7654,24.76,4.6888,3.4199,11.703,7.8876,10.3559,3.6075,2.0891,5.394,5.7774,30.8939,22.8494,12.0926,3.7867,6.3405,5.576,4.4312,3.6821,6.0067,3.5113,0.2351,1.2241,5.7615,11.4758,14.6717,24.1443,38.7786,39.4616,34.9341,38.2218,20.9896,48.2681,51.16,31.3189,15.5979,16.4067,7.4429,9.7877,8.9054,4.68,9.4365,16.2264],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-21.0676,-28.3303,-25.3541,-43.2231,-54.9022,-69.548,-76.1886,-69.6544,-72.6642,-70.717,-77.0087,-78.2218,-76.0771,-75.7688,-55.5714,-62.0404,-70.6904,-87.3483,-85.0297,-85.7238,-86.7631,-87.4432,-85.3328,-87.5983,-90.8122,-91.3354,-87.1397,-81.8559,-77.2297,-66.6828,-51.8383,-50.4778,-54.2529,-51.5116,-65.8801,-43.1349,-40.7235,-57.2673,-70.3757,-69.7013,-76.2402,-74.0276,-70.1294,-73.3824,-69.7206,-64.4934],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,183.8199,157.7052,176.1535,110.0468,66.8401,12.6575,12.7777,43.726,29.4705,38.6929,14.3322,8.2997,22.1469,23.721,126.8459,93.8161,49.6505,37.3104,62.4739,54.9408,43.6611,36.2796,59.1848,34.5972,2.3844,15.0261,70.7246,140.8696,139.913,175.5188,214.2377,197.9942,175.2783,191.7739,105.313,242.1797,256.6899,157.1391,78.2609,82.3188,34.7768,44.7681,29.7891,15.655,31.5655,54.278],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,7.8305,7.6741,7.4276,7.2323,6.7893,6.6603,6.7176,6.2643,6.5591,6.8394,7.3631,8.3251,9.4311,9.6521,10.0253,9.3877,9.4205,9.4509,9.2557,9.5278,9.9074,10.5528,11.0355,11.9966,12.889,13.7177,14.0262],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,20.9846,20.1353,20.1,20.9502,19.9278,19.4821,18.9595,21.0142,28.1977,26.3221,24.1461,21.4758,21.088,21.4271,21.5437,21.2908,20.8369,21.4755,20.642,20.2528,22.3226,25.9168,25.2715,25.6761,28.1023,28.3784,27.047,27.4004,24.734,25.9195,24.9259,22.0242,20.7414,20.0448,19.2345,19.0488,18.072,17.4262,16.9569,18.5132],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,19.298,18.517,17.6458,16.6913,19.5745,19.1367,19.8526,19.3137,16.8838,15.7607,17.5563,25.732,25.2673,24.8825,24.1195,23.1684,22.8892,21.9224,22.8076,23.5193,22.4886,21.0375,20.4755,19.3023,18.4123,17.464,21.0261,20.3031,24.1962,21.2728,20.4574,25.1965,26.9757,27.0322,28.2251,27.024,29.7951,28.7304,27.9567,26.661],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,62.4464,47.4192,51.2936,47.0052,58.4446,58.6034,50.9045,47.9693,27.7898,32.3546,42.4167,102.5911,81.9897,81.0693,83.7576,85.3535,69.3305,79.4962,103.6631,104.0323,68.0687,47.89,45.872,39.3451,33.5814,34.6681,36.5637,33.1731,48.4948,30.7323,28.4675,41.499,59.0238,55.4503,72.5863,65.5389,78.8651,85.2271,71.4943,59.3654],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,129.5271,122.9857,120.5949,128.5135,140.8659,145.0276,150.4696,153.4568,160.3015,166.9724,171.1204,176.9491,171.9976,168.2512,173.6701,190.8254,205.797,215.9654,213.3966,209.99,178.5758,164.0538,164.672,178.2264,185.955,186.9055,188.597,187.5292,187.5064,187.3886,187.8488,187.9366,155.8632,128.0557,123.0247,118.9491,120.5441,121.1236,125.9351,128.4477,136.9761,144.857,145.2385,141.7685],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/215972dc-a94e-4ed5-8758-ce5c169e6df7/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/215972dc-a94e-4ed5-8758-ce5c169e6df7/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/215972dc-a94e-4ed5-8758-ce5c169e6df7/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/215972dc-a94e-4ed5-8758-ce5c169e6df7/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/215972dc-a94e-4ed5-8758-ce5c169e6df7/technical-pack/data.json"},"source_fingerprint":"5348421d420a40a302fd820246d76cfaee6961e7a749871d8de71090d763f835","content_hash":"c37628b9f8b22920935859141eec82d4ec02a4a992dcab99c46d85d00626e1c9","citation":"Sharemaestro, GLGG Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/215972dc-a94e-4ed5-8758-ce5c169e6df7/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."}