{"schema_version":"1.0","name":"METROPOLIS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"2b090ae7-2ba0-41e0-9947-3d5d989c2f8e","symbol":"METROPOLIS","name":"Metropolis Healthcare Limited","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Healthcare","industry":"Diagnostics & Research"},"summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","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, Strength versus the research benchmark, Drawdown and recovery pressure, Directional strength and control, Acceleration, deceleration and rollover, Activity pressure and cumulative balance."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics eased this week but remains positive. 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elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":3,"completedEpisodes":3,"activeEpisodes":0,"medianExpectedMove":9.1,"averageExpectedMove":14.4,"averageWeeksToLargestMove":6.3,"horizons":[{"weeks":4,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":-6.3,"medianReturn":-3.9,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":2,"expectedPercent":66.7,"averageReturn":-9.2,"medianReturn":-7.9,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-27.1,"medianReturn":-27.1,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-3.2,"sample":3},{"week":2,"averageReturn":-4.7,"sample":3},{"week":3,"averageReturn":-4.9,"sample":3},{"week":4,"averageReturn":-6.3,"sample":3},{"week":5,"averageReturn":-7.9,"sample":3},{"week":6,"averageReturn":-9.1,"sample":3},{"week":7,"averageReturn":-9.3,"sample":3},{"week":8,"averageReturn":-6.7,"sample":3},{"week":9,"averageReturn":-8.4,"sample":3},{"week":10,"averageReturn":-8.9,"sample":3},{"week":11,"averageReturn":-10.9,"sample":3},{"week":12,"averageReturn":-9.2,"sample":3},{"week":13,"averageReturn":-11.6,"sample":3},{"week":14,"averageReturn":-13.8,"sample":3},{"week":15,"averageReturn":-22.5,"sample":2},{"week":16,"averageReturn":-24.8,"sample":2},{"week":17,"averageReturn":-23.8,"sample":2},{"week":18,"averageReturn":-21.5,"sample":2},{"week":19,"averageReturn":-23.0,"sample":2},{"week":20,"averageReturn":-24.8,"sample":2},{"week":21,"averageReturn":-27.0,"sample":2},{"week":22,"averageReturn":-26.0,"sample":2},{"week":23,"averageReturn":-27.1,"sample":2},{"week":24,"averageReturn":-26.5,"sample":2},{"week":25,"averageReturn":-27.9,"sample":2},{"week":26,"averageReturn":-27.1,"sample":2}]},"currentApplication":{"status":"Rollover warning","tone":"negative","headline":"Price has moved below distribution as Market Dynamics weakened","use":"The upward trend may still be visible, but this transition increases downside risk. Further price weakness would confirm the rollover.","confirm":"Further price weakness with weak Market Dynamics would confirm the rollover.","invalidate":"A recovery in both price and Market Dynamics would remove the rollover warning.","level":"positive","direction":"weakening","zone":"middle","zoneContext":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":42.9,"averageReturn":-0.8,"sample":14},"nowContext":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price has moved below distribution","detail":"Price left the upper zone as Market Dynamics weakened."}},"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":"In this ticker's completed record, 42.9% of comparable cases moved lower after 12 weeks, with an average move of -0.8% across 14 cases.","watch":"A recovery in both price and Market Dynamics would remove the rollover warning."},{"eyebrow":"Zone positioning","title":"Use distribution to protect capital before considering the short case","tone":"negative","finding":"After distribution, 75.0% of completed 12-week outcomes were lower across 4 cases. Distinct visits lasted 1.6 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 9.8% across 14 completed cases, with the largest move arriving after 7.6 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[{"date":"2024-10-25","price":524.264038},{"date":"2025-09-12","price":513.669434},{"date":"2026-06-05","price":533.200012},{"date":"2026-06-26","price":543.349976},{"date":"2026-07-17","price":545.299988},{"date":"2026-08-14","price":545.5}],"price_pressure_gaps":[{"date":"2024-10-04","price":556.458618},{"date":"2024-12-13","price":553.75708},{"date":"2026-05-08","price":548.417053}]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","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"],"close":[514.2297,532.792,532.6675,542.1915,525.4965,543.5983,556.4586,566.2191,549.1881,524.264,534.6346,526.729,506.0005,513.3831,533.2402,531.7214,553.7571,512.437,512.4619,497.4352,486.4298,470.7682,448.7325,447.4128,457.9701,418.7166,411.4585,394.527,410.9107,404.8851,397.5025,389.5597,386.0862,398.7848,413.9733,436.507,422.8871,415.6664,410.5621,404.9349,418.3306,411.3837,423.2108,429.3111,420.7956,441.5366,469.4237,482.7198,490.2144,507.3699,500.0745,528.1857,540.1871,544.9179,549.2503,513.6694,531.2483,501.6183,497.0617,496.738,482.5953,474.3288,490.6129,488.9944,491.729,487.8117,481.7986,480.1019,477.5569,470.5209,478.6797,482.3725,479.1538,474.9122,452.4565,467.3271,495.746,485.9903,464.1085,475.012,446.6679,451.2589,440.2307,429.951,420.9188,467.1775,470.7704,466.1794,475.5609,548.4171,527.8077,518.95,555.35,533.2,530.7,552.75,543.35,556.0,567.95,545.3,570.25,582.45,563.2,545.5],"consensus":[0.0,42.0054,19.5314,36.4394,0.0,36.9422,37.1986,37.2365,0.0,-33.4703,0.0,-22.9283,-46.9251,0.0,19.7001,0.0,50.0974,-43.3767,-13.5025,-43.6197,-48.7086,-43.3216,-61.6247,-32.8144,-8.0236,-72.0698,-45.1027,-59.0408,-12.9997,-33.8906,-39.6709,-39.5018,-33.4925,0.0,15.2435,37.51,0.0,0.0,-14.6503,-24.8283,17.7748,-18.391,22.0731,28.9113,-8.126,45.2704,52.7364,50.9665,37.6463,62.0785,21.9983,62.8159,53.2589,46.7551,41.4421,-16.2617,34.8625,-31.7004,-19.128,-12.9663,-38.8246,-32.9513,12.4504,-14.65,0.0,0.0,-22.5379,-17.3289,-17.9469,-28.6606,0.0,0.0,-13.3966,-11.4744,-47.582,0.0,42.1469,-8.1368,-29.998,8.4376,-53.6944,-13.3428,-42.3121,-41.7015,-39.0061,44.4019,22.5802,0.0,27.5775,69.1858,0.0,20.5213,60.7936,0.0,22.9983,45.9204,10.3352,41.4791,43.5385,-19.0008,49.6078,36.2542,-9.983,20.516],"supportDates":["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"],"control":[54.8889,48.4055,37.1414,-22.1466,43.296,-29.6333,-15.2861,-10.7743,-38.7152,-33.8112,19.4198,-13.7198,0.0,0.0,-26.3485,-17.5903,-15.5007,-27.1828,0.0,0.0,-13.8545,-13.1918,-47.3384,0.0,36.2855,-15.7347,-43.5379,7.0632,-53.9383,-6.13,-37.0939,-31.1642,-37.0309,42.2899,20.1767,0.0,23.4066,61.8451,0.0,14.5544,58.8515,0.0,29.3384,51.2755,14.7217,46.5945,47.1531,-18.3028,50.2138,29.5505,-12.4029,24.5213],"force":[34.8701,22.6678,19.4025,-45.9893,37.8723,-57.4693,-20.4751,-14.7861,-43.8443,-25.866,36.0676,-17.4456,0.0,0.0,-19.0028,-10.9478,-9.778,-23.4105,0.0,0.0,-21.0732,-12.6491,-54.1375,0.0,75.8988,-24.8666,-38.1337,21.0458,-64.5334,-10.0667,-53.9005,-50.5014,-33.2026,86.5969,22.4831,0.0,26.263,92.6095,0.0,4.3857,68.1862,0.0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Dynamics has stronger support","headline":"The gauges support the upward view","summary":"The completed evidence gives the upward view the clearer support.","take":"Current assessment: upward pressure has the stronger support.","tone":"positive","supportedView":"Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Broadly stable","forceState":"Upward commitment","forcePath":"Commitment is easing","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+20.5","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+24.5","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+43.7","detail":"Upward 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