{"schema_version":"1.0","name":"RCLO Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"21ecc7bf-460c-4f94-a59c-6c01d1b9a507","symbol":"RCLO","name":"RECKONER BBB-B CLO ETF","exchange":"NYSEARCA","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Activity pressure and cumulative balance, Range position and boundary pressure, Directional strength and control, Range pressure and compression, 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":44,"displayedObservations":44,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","evidenceAlignment":{"status":"Evidence conflict","headline":"Price is ahead of Market Dynamics","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","take":"The gap can close through stronger Market Dynamics or weaker price. Until then, the upward structure should be treated as vulnerable rather than fully aligned.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.143584,0.289466,0.427408,0.600634,0.71971,0.767689,0.795975,0.76454,0.53117,0.407304,0.245976,0.054266,-0.025744,-0.021133,0.145868,0.406336],"opens":[24.639316,24.743155,24.718431,24.683818,24.759098,24.749155,24.818759,24.798872,24.670912,24.662206,24.687057,24.731888,24.731789,24.77,24.87,25.07],"highs":[24.757989,24.743155,24.723376,24.81238,24.759198,24.858632,24.818858,24.838645,24.677116,24.701968,24.870955,24.801372,24.781491,24.85,25.07,25.14],"lows":[24.634372,24.66404,24.575036,24.67383,24.719324,24.749155,24.798872,24.788928,24.662206,24.662206,24.687057,24.731789,24.731789,24.77,24.86,25.05],"closes":[24.757989,24.708542,24.688763,24.73821,24.719324,24.813787,24.803843,24.803843,24.677116,24.687057,24.726819,24.736858,24.781193,24.8348,25.03,25.14],"hoverRows":[[{"label":"Open","value":"24.6","className":"is-ohlc","compact":true},{"label":"High","value":"24.8","className":"is-ohlc","compact":true},{"label":"Low","value":"24.6","className":"is-ohlc","compact":true},{"label":"Close","value":"24.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.14","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.7","className":"is-ohlc","compact":true},{"label":"High","value":"24.7","className":"is-ohlc","compact":true},{"label":"Low","value":"24.7","className":"is-ohlc","compact":true},{"label":"Close","value":"24.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.29","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.7","className":"is-ohlc","compact":true},{"label":"High","value":"24.7","className":"is-ohlc","compact":true},{"label":"Low","value":"24.6","className":"is-ohlc","compact":true},{"label":"Close","value":"24.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.43","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.7","className":"is-ohlc","compact":true},{"label":"High","value":"24.8","className":"is-ohlc","compact":true},{"label":"Low","value":"24.7","className":"is-ohlc","compact":true},{"label":"Close","value":"24.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.60","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.8","className":"is-ohlc","compact":true},{"label":"High","value":"24.8","className":"is-ohlc","compact":true},{"label":"Low","value":"24.7","className":"is-ohlc","compact":true},{"label":"Close","value":"24.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.72","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.7","className":"is-ohlc","compact":true},{"label":"High","value":"24.9","className":"is-ohlc","compact":true},{"label":"Low","value":"24.7","className":"is-ohlc","compact":true},{"label":"Close","value":"24.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.77","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.8","className":"is-ohlc","compact":true},{"label":"High","value":"24.8","className":"is-ohlc","compact":true},{"label":"Low","value":"24.8","className":"is-ohlc","compact":true},{"label":"Close","value":"24.8","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":"24.8","className":"is-ohlc","compact":true},{"label":"High","value":"24.8","className":"is-ohlc","compact":true},{"label":"Low","value":"24.8","className":"is-ohlc","compact":true},{"label":"Close","value":"24.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.76","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.7","className":"is-ohlc","compact":true},{"label":"High","value":"24.7","className":"is-ohlc","compact":true},{"label":"Low","value":"24.7","className":"is-ohlc","compact":true},{"label":"Close","value":"24.7","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":"24.7","className":"is-ohlc","compact":true},{"label":"High","value":"24.7","className":"is-ohlc","compact":true},{"label":"Low","value":"24.7","className":"is-ohlc","compact":true},{"label":"Close","value":"24.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.41","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.7","className":"is-ohlc","compact":true},{"label":"High","value":"24.9","className":"is-ohlc","compact":true},{"label":"Low","value":"24.7","className":"is-ohlc","compact":true},{"label":"Close","value":"24.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.25","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.7","className":"is-ohlc","compact":true},{"label":"High","value":"24.8","className":"is-ohlc","compact":true},{"label":"Low","value":"24.7","className":"is-ohlc","compact":true},{"label":"Close","value":"24.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.05","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.7","className":"is-ohlc","compact":true},{"label":"High","value":"24.8","className":"is-ohlc","compact":true},{"label":"Low","value":"24.7","className":"is-ohlc","compact":true},{"label":"Close","value":"24.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.03","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.8","className":"is-ohlc","compact":true},{"label":"High","value":"24.9","className":"is-ohlc","compact":true},{"label":"Low","value":"24.8","className":"is-ohlc","compact":true},{"label":"Close","value":"24.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.02","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.9","className":"is-ohlc","compact":true},{"label":"High","value":"25.1","className":"is-ohlc","compact":true},{"label":"Low","value":"24.9","className":"is-ohlc","compact":true},{"label":"Close","value":"25.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.15","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"25.1","className":"is-ohlc","compact":true},{"label":"High","value":"25.1","className":"is-ohlc","compact":true},{"label":"Low","value":"25.1","className":"is-ohlc","compact":true},{"label":"Close","value":"25.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.41","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[24.649343,25.167773],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.406336,"state":"Price ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Unsupported elevation","detail":"Price is in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.","tone":"caution"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Price is in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.","annotations":[{"label":"Current tape relationship","value":"Unsupported elevation","detail":"Market Dynamics strengthened this week and remains positive.","tone":"caution"},{"label":"Price location","value":"Distribution zone","detail":"Price is extended; support can persist, but rollover risk must be monitored.","tone":"caution"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Not confirming","detail":"Market Dynamics has strengthened over four weeks, but it still lags the elevated price.","tone":"caution"}],"relationshipEvidence":{"available":false,"observations":16,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-10-24","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":[24.1005,24.1389,24.1581,24.1963,24.182,24.2204,24.2502,24.2937,24.3372,24.4011,24.4156,24.4642,24.5372,24.5906,24.6538,24.6674,24.6725,24.5405,24.0515,24.0256,24.2173,24.1731,24.2075,24.2788,24.3876,24.6151,24.6646,24.6443,24.758,24.7085,24.6888,24.7382,24.7193,24.8138,24.8038,24.8038,24.6771,24.6871,24.7268,24.7369,24.7812,24.8348,25.03,25.14],"consensus":[25.9265,100.0,11.1132,11.3679,46.1552,60.6145,54.8446,70.9833,72.5737,79.491,55.2914,72.8049,80.9119,79.4803,82.0247,55.248,61.1584,-22.298,-76.7148,-39.351,0.0,-57.4817,-17.669,24.9401,49.7652,73.5842,59.4948,45.555,77.3938,18.5273,21.7703,47.1264,0.0,54.0443,24.2964,25.0347,0.0,0.0,0.0,0.0,44.0123,56.3059,74.8492,77.809],"supportDates":["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,null,66.2513,55.2102,77.975,77.7339,86.9924,50.1707,77.4668,89.2039,86.2748,88.9837,48.2711,64.1851,-23.609,-67.0053,-24.6025,0.0,-58.1494,-36.1481,25.2352,43.8755,79.6223,69.9853,50.5644,79.7371,21.6086,26.1744,40.0466,0.0,54.6294,15.4612,20.5314,0.0,0.0,0.0,0.0,51.6638,53.1307,75.6067,81.0606],"force":[25.9265,100.0,11.1132,11.3679,0.7907,41.773,30.0913,52.1761,54.1016,62.5281,25.6268,49.7864,60.068,57.6412,62.0076,21.7795,36.1794,-78.3876,-99.9984,-16.051,0.0,-50.3636,-10.7431,53.623,84.6338,87.8397,40.7121,17.6426,90.6419,37.2193,12.2146,52.2774,0.0,52.304,2.7847,1.7149,0.0,0.0,0.0,0.0,42.2553,75.5865,92.7225,88.4726],"direction":[null,null,null,null,79.688,67.6305,72.1077,76.4266,79.8706,83.0345,82.3326,83.9189,86.3238,87.3147,88.3693,87.1278,75.5415,-19.2643,-71.1801,-72.8492,0.0,-61.8029,-16.8444,4.1151,31.5903,56.5009,60.9219,59.7675,65.2529,54.8248,41.0119,51.5384,0.0,54.6188,53.7373,46.8385,0.0,0.0,0.0,0.0,36.5228,46.1629,61.2169,66.476],"intensity":[null,null,null,null,25.0,80.0,83.3333,71.4286,62.5,100.0,90.0,63.6364,100.0,92.3077,78.5714,66.6667,6.25,100.0,100.0,94.7368,90.0,85.7143,13.6364,69.5652,83.3333,88.0,80.7692,59.2593,71.4286,37.931,70.0,70.9677,40.625,72.7273,35.2941,5.7143,83.3333,8.1081,84.2105,53.8462,27.5,53.6585,90.4762,86.0465],"confirmation":[30.9631,54.6667,26.2229,26.3044,35.5433,86.7365,84.7903,90.035,90.582,92.8059,84.8672,90.525,93.1302,92.6646,93.5318,84.7657,86.7633,35.6012,93.4063,80.107,37.4355,86.167,29.4651,54.1838,85.0773,91.8894,86.3061,81.6506,93.1341,34.7896,31.1361,83.3453,7.0511,85.2322,53.0115,52.7024,25.3976,3.0887,24.8864,24.3968,81.9138,86.6539,92.4849,100.0],"persistence":[null,null,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,50.0,25.0,12.5,12.5,37.5,37.5,37.5,12.5,12.5,37.5,50.0,75.0,100.0,100.0,87.5,87.5,87.5,87.5,75.0,62.5,50.0,37.5,50.0,50.0,50.0,50.0],"assessmentRisk":[null,null,null,null,26.8718,19.6574,22.572,14.5054,13.7132,10.2545,22.3543,13.5975,9.544,10.2598,8.9877,22.376,19.419,26.914,11.6161,30.3096,51.1811,20.3903,47.1458,33.8015,14.6947,12.6722,19.8049,25.9348,9.9999,15.5238,3.7196,16.5412,21.5094,17.107,33.7147,22.8851,20.6871,46.4079,46.5835,39.941,25.0651,21.4587,12.5565,11.0939],"volumeParticipation":true,"latest":{"consensus":77.8,"control":81.1,"force":88.5,"direction":66.5,"confirmation":100.0,"persistence":50.0,"assessmentRisk":11.1,"intensity":86.0,"evidenceDepth":100},"analysis":{"status":"Joint upward confirmation","headline":"The gauges support the upward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same upward assessment.","take":"Current assessment: upward pressure has broad support.","tone":"positive","supportedView":"Price structure and Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is strengthening","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+77.8","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+81.1","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+88.5","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+66.5","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"100/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"76.5","detail":"Stretched positive","tone":"positive"},{"label":"Risk pressure","value":"0.4%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"32.7","detail":"Directional","tone":"positive"},{"label":"Range position","value":"100%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned upward.","series":[{"label":"Close","values":[24.1005,24.1389,24.1581,24.1963,24.182,24.2204,24.2502,24.2937,24.3372,24.4011,24.4156,24.4642,24.5372,24.5906,24.6538,24.6674,24.6725,24.5405,24.0515,24.0256,24.2173,24.1731,24.2075,24.2788,24.3876,24.6151,24.6646,24.6443,24.758,24.7085,24.6888,24.7382,24.7193,24.8138,24.8038,24.8038,24.6771,24.6871,24.7268,24.7369,24.7812,24.8348,25.03,25.14],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,24.1404,24.155,24.1723,24.1944,24.2203,24.2532,24.2827,24.3157,24.356,24.3986,24.445,24.4855,24.5195,24.5233,24.4375,24.3626,24.3362,24.3065,24.2885,24.2868,24.3051,24.3615,24.4166,24.458,24.5125,24.5482,24.5737,24.6036,24.6247,24.6591,24.6854,24.7069,24.7015,24.6989,24.704,24.7099,24.7229,24.7432,24.7954,24.858],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,24.2403,24.2662,24.2949,24.3225,24.3485,24.3627,24.3396,24.3164,24.309,24.299,24.2922,24.2912,24.2983,24.3218,24.3472,24.3692,24.398,24.421,24.4408,24.4629,24.4819,24.5064,24.5285,24.5489,24.5584,24.5679,24.5797,24.5913,24.6054,24.6224,24.6526,24.6887],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,24.4055,24.4458,24.4905,24.547,24.6045,24.6657,24.715,24.7541,24.7609,24.7612,24.7609,24.756,24.7544,24.7527,24.7518,24.7537,24.7813,24.8141,24.8403,24.8831,24.9122,24.9357,24.9632,24.9825,25.0115,25.0316,25.0497,25.0502,25.0622,25.0532,25.025,25.0206,25.0015,25.009,25.0423],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,24.0501,24.044,24.0358,24.0215,24.0078,23.9929,23.9859,23.9846,23.9969,23.9621,23.9288,23.9454,23.9504,23.9571,23.9662,23.9849,23.9967,24.0054,24.0143,24.0135,24.0151,24.0189,24.0189,24.0178,24.0111,24.006,24.0016,24.0015,24.0042,24.0808,24.18,24.2408,24.326,24.4008,24.4537],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,23.767,34.4478,31.7884,19.1337,21.6,14.1291,20.4481,19.4976,25.7594,516.3578,33.1183,265.4167,56.2621,25.9496,39.7632,65.0774,28.7856,111.9298,44.9875,5.1161,70.1658,104.3077,338.4579,172.2059,394.5372,192.1328,41.9948,18.0793,22.7785,15.6083,73.09,24.9386,18.025,28.1743,171.1058,1198.5491,636.7997],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,134.1425,126.5749,125.0069,125.6828,124.6778,126.2142,126.8666,129.3635,130.2256,130.3197,129.0117,131.0038,123.4114,119.2329,131.0253,124.7075,126.1083,125.5035,125.5035,125.0845,127.0884,127.6852,128.1062,128.764,133.0389,135.0,135.0],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,100.0,100.0,100.0,95.9757,98.7643,100.0,100.0,100.0,97.5808,98.4084,76.9218,0.0,30.6362,50.8873,46.214,49.8488,57.3833,68.8756,92.9051,98.1288,95.9833,100.0,95.164,93.2296,93.1124,91.3586,96.0071,95.1217,95.1217,83.8382,84.7234,87.3057,88.1899,92.0945,96.8158,97.0026,100.0],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,0.0,0.0,0.0,-0.0597,-0.0203,0.0,0.0,0.0,-0.0602,-0.0396,-0.5745,-2.5555,-2.6607,-1.8839,-2.0632,-1.9237,-1.6347,-1.1939,-0.2722,-0.0718,-0.1541,0.0,-0.1997,-0.2796,-0.2989,-0.375,-0.1804,-0.2204,-0.2204,-0.7302,-0.6902,-0.5795,-0.5392,-0.3609,-0.1454,-0.1596,0.0],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,0.9383,1.1188,1.3843,1.4449,1.6465,1.9498,2.172,2.4345,2.4911,2.5122,1.9637,0.0,1.222,2.0298,1.8434,1.9884,2.2889,2.7474,3.7059,3.9142,3.8286,4.3078,4.0995,4.0161,4.2245,4.1449,4.5429,4.501,4.501,3.9671,4.009,4.1765,4.2188,4.4056,4.6314,5.4538,5.9172],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,55.8081,52.2921,49.5884,47.0777,44.0948,41.8596,39.7841,38.4357,37.1835,36.1395,34.0625,32.3067,31.7111,31.158,30.6444,30.5747,31.5441,32.7072],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,46.6952,50.8643,52.0252,49.0863,39.8461,24.3988,19.1056,25.9347,27.708,27.1274,25.8162,31.7273,38.646,40.1094,36.9253,40.1372,37.8809,34.5759,36.9691,36.0672,39.0356,38.5351,38.5771,35.0101,35.7577,42.4539,40.3523,38.9674,41.5879,49.4296,50.4333],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,2.0014,1.8206,1.7242,2.9718,16.5219,46.9458,57.8914,49.3341,46.3242,42.8058,40.7367,36.6547,31.8669,30.6486,32.3635,30.0083,28.3214,31.0852,28.5773,27.8802,25.5364,25.209,24.3718,30.391,29.5646,26.0378,24.7489,23.8995,22.5575,19.1525,17.7993],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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,0.2144,0.2183,0.2139,0.2105,0.2421,0.3746,0.4447,0.4807,0.4762,0.4779,0.4649,0.4776,0.5054,0.487,0.4916,0.4901,0.4831,0.4919,0.4959,0.4723,0.477,0.4489,0.4311,0.4434,0.4231,0.4453,0.4349,0.4174,0.4098,0.4447,0.4423],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,1.4669,1.6573,1.874,2.1639,2.4548,2.7653,2.994,3.1576,3.1341,3.2802,3.4182,3.3292,3.3017,3.2667,3.2253,3.155,3.2168,3.313,3.3815,3.557,3.6672,3.7455,3.856,3.9372,4.0811,4.1831,4.2736,4.2756,4.3126,3.9582,3.4344,3.1659,2.7388,2.4619,2.3783],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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":"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,0.0924,0.1061,0.1207,0.1319,0.1395,0.1333,0.088,0.0494,0.0339,0.0178,0.0078,0.0055,0.0124,0.0357,0.0576,0.0724,0.0923,0.1029,0.1084,0.1155,0.1181,0.1264,0.1307,0.1326,0.1224,0.1138,0.109,0.1048,0.1038,0.1061,0.1223,0.1424],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.1132,0.1172,0.1114,0.099,0.086,0.0723,0.0594,0.0487,0.0414,0.0403,0.0437,0.0495,0.058,0.067,0.0753,0.0833,0.0903,0.0975,0.1042,0.1098,0.1124,0.1127,0.1119,0.1105,0.1092,0.1086,0.1113,0.1175],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0263,0.0162,-0.0233,-0.0496,-0.052,-0.0545,-0.0516,-0.0431,-0.029,-0.0045,0.0139,0.023,0.0343,0.0359,0.0331,0.0321,0.0279,0.0289,0.0266,0.0227,0.0101,0.0012,-0.0029,-0.0057,-0.0054,-0.0024,0.011,0.0249],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-10-24","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/21ecc7bf-460c-4f94-a59c-6c01d1b9a507/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/21ecc7bf-460c-4f94-a59c-6c01d1b9a507/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/21ecc7bf-460c-4f94-a59c-6c01d1b9a507/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/21ecc7bf-460c-4f94-a59c-6c01d1b9a507/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/21ecc7bf-460c-4f94-a59c-6c01d1b9a507/technical-pack/data.json"},"source_fingerprint":"e98cea63fd61ec93c563b84d4b526b13f1892ffb2cb4ad7db4e199e6031b6cf9","content_hash":"2122779310ae3ada7c0122ae4452253cf417b68093973b09a4fcf59e4f2dd058","citation":"Sharemaestro, RCLO Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/21ecc7bf-460c-4f94-a59c-6c01d1b9a507/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."}