{"schema_version":"1.0","name":"488A Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"2e472b39-90de-4637-802d-2f47e7fc3d2b","symbol":"488A","name":"iShares Yen Appreciation Focus ETF","exchange":"JPX","country":"JP","asset_type":"etf","currency":"JPY","sector":null,"industry":null},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened 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, Activity pressure and cumulative balance, Acceleration, deceleration and rollover, Range pressure and compression, Directional strength and control, Range position and boundary pressure."},{"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":37,"displayedObservations":37,"assetType":"ETF","state":"Rotational","stateTone":"caution","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","evidenceAlignment":{"status":"Rollover warning","headline":"Price has moved below distribution as Market Dynamics weakened","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","take":"The prior extension has started to roll over. Further price weakness would confirm the downside transition; a recovery in both readings would remove the warning.","tone":"negative","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[-0.697603,-0.936064,-1.034458,-1.061929,-1.042974,-0.905504,-0.650133,-0.354737,-0.078961],"opens":[759.0,759.599976,755.599976,755.099976,754.0,748.900024,776.400024,782.700012,767.599976],"highs":[760.0,762.0,759.900024,755.099976,754.200012,763.700012,788.099976,782.700012,772.0],"lows":[758.5,757.900024,755.400024,754.0,746.799988,746.799988,770.200012,765.099976,764.099976],"closes":[760.0,761.900024,759.299988,754.900024,748.200012,763.0,772.299988,767.200012,767.599976],"hoverRows":[[{"label":"Open","value":"759.0","className":"is-ohlc","compact":true},{"label":"High","value":"760.0","className":"is-ohlc","compact":true},{"label":"Low","value":"758.5","className":"is-ohlc","compact":true},{"label":"Close","value":"760.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.70","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"759.6","className":"is-ohlc","compact":true},{"label":"High","value":"762.0","className":"is-ohlc","compact":true},{"label":"Low","value":"757.9","className":"is-ohlc","compact":true},{"label":"Close","value":"761.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.94","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"755.6","className":"is-ohlc","compact":true},{"label":"High","value":"759.9","className":"is-ohlc","compact":true},{"label":"Low","value":"755.4","className":"is-ohlc","compact":true},{"label":"Close","value":"759.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.03","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"755.1","className":"is-ohlc","compact":true},{"label":"High","value":"755.1","className":"is-ohlc","compact":true},{"label":"Low","value":"754.0","className":"is-ohlc","compact":true},{"label":"Close","value":"754.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.06","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"754.0","className":"is-ohlc","compact":true},{"label":"High","value":"754.2","className":"is-ohlc","compact":true},{"label":"Low","value":"746.8","className":"is-ohlc","compact":true},{"label":"Close","value":"748.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.04","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"748.9","className":"is-ohlc","compact":true},{"label":"High","value":"763.7","className":"is-ohlc","compact":true},{"label":"Low","value":"746.8","className":"is-ohlc","compact":true},{"label":"Close","value":"763.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.91","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"776.4","className":"is-ohlc","compact":true},{"label":"High","value":"788.1","className":"is-ohlc","compact":true},{"label":"Low","value":"770.2","className":"is-ohlc","compact":true},{"label":"Close","value":"772.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.65","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"782.7","className":"is-ohlc","compact":true},{"label":"High","value":"782.7","className":"is-ohlc","compact":true},{"label":"Low","value":"765.1","className":"is-ohlc","compact":true},{"label":"Close","value":"767.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.35","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"767.6","className":"is-ohlc","compact":true},{"label":"High","value":"772.0","className":"is-ohlc","compact":true},{"label":"Low","value":"764.1","className":"is-ohlc","compact":true},{"label":"Close","value":"767.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.08","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":[746.754013,773.745987],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.078961,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","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":"Distribution rollover","detail":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","annotations":[{"label":"Current tape relationship","value":"Distribution rollover","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":"Repairing","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":25,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-08-07","price":772.299988}],"reversal_dangers":[{"date":"2026-08-14","price":767.200012}]}},"smTape":{"available":true,"dates":["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":[800.0,799.4,799.2,799.2,791.3,786.0,783.8,806.1,790.9,810.0,799.1,795.1,785.1,776.7,775.2,774.5,773.8,775.0,774.2,772.1,783.7,786.1,776.9,773.9,772.4,769.2,767.2,761.7,760.0,761.9,759.3,754.9,748.2,763.0,772.3,767.2,767.6],"consensus":[0.0,-89.2851,17.9856,76.001,-81.986,-62.5072,-70.2049,65.1384,-54.2041,70.8,-19.0259,-37.5507,-64.2514,-76.568,-53.5304,-52.2438,-37.9403,-23.4932,-28.6671,-44.0785,46.3373,21.2047,-35.8167,-27.6447,-36.8978,-25.8542,-31.5375,-54.5823,-28.3225,-12.8135,-27.6997,-39.0726,-72.9243,34.9737,36.113,-15.0802,-15.3828],"supportDates":["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,-58.7163,-73.9802,51.9623,-52.509,53.799,-34.6152,-32.9414,-66.2084,-70.7365,-49.9742,-48.526,-35.8273,-25.3497,-34.2416,-55.8607,40.0655,12.0701,-49.2812,-39.2998,-36.3987,-13.9977,-26.2121,-61.2876,-14.1951,-0.6014,-17.0468,-32.0351,-72.627,36.7374,19.5299,-25.0574,-4.6641],"force":[0.0,-89.2851,17.9856,76.001,-57.0673,-36.822,-45.5598,78.385,-87.339,95.4357,-65.9284,-47.0854,-71.7185,-88.1001,-30.5119,-30.235,-13.9728,-2.279,-8.0121,-28.5821,91.6641,21.591,-48.1858,-19.9102,-27.889,-10.1766,-13.3856,-39.299,-7.7013,-20.4495,-7.9274,-25.8558,-85.5495,88.7106,53.8396,-55.8849,-13.4026],"direction":[null,null,null,null,-99.785,-85.1863,-83.4939,70.7348,-32.4738,72.6328,-32.2922,-36.0081,-56.6812,-74.9956,-74.0365,-72.2135,-57.4748,-39.7801,-37.0498,-41.6821,21.1288,31.3683,-11.5935,-19.8492,-43.903,-50.6029,-50.5893,-57.8357,-59.1975,-51.9041,-53.9974,-56.556,-64.2459,5.4255,42.4034,-25.4686,-29.0473],"intensity":[null,null,null,null,75.0,100.0,16.6667,100.0,87.5,88.8889,70.0,18.1818,75.0,46.1538,21.4286,6.6667,12.5,11.7647,22.2222,21.0526,80.0,90.4762,54.5455,60.8696,16.6667,44.0,26.9231,37.037,32.1429,13.7931,30.0,41.9355,56.25,87.8788,100.0,40.0,72.2222],"confirmation":[0.0,51.2379,28.4221,46.987,70.4297,87.2773,89.6569,89.4488,86.381,91.6659,36.8358,80.3771,88.7582,92.9421,84.4824,84.1039,79.4427,52.5236,76.459,81.4533,84.3049,74.9365,79.6331,76.433,79.5403,75.9762,77.6199,84.8984,53.9833,7.7819,53.757,80.2077,91.7251,59.2932,80.3491,34.0172,50.3588],"persistence":[null,null,0.0,25.0,0.0,16.6667,28.5714,12.5,25.0,0.0,25.0,50.0,50.0,50.0,50.0,75.0,75.0,100.0,100.0,100.0,75.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,75.0,100.0,100.0,100.0,100.0,75.0,50.0,50.0,25.0],"assessmentRisk":[null,null,null,null,8.4866,18.7224,14.8947,0.7215,25.1202,13.1167,53.0724,19.3794,7.6285,11.5328,22.1622,21.897,20.5198,3.6725,9.5268,10.6685,17.2947,33.6537,39.2492,29.853,30.0701,36.9773,33.0131,22.2187,35.3882,39.4058,32.9337,25.169,12.7215,7.8137,30.4008,55.9828,42.1691],"volumeParticipation":true,"latest":{"consensus":-15.4,"control":-4.7,"force":-13.4,"direction":-29.0,"confirmation":50.4,"persistence":25.0,"assessmentRisk":42.2,"intensity":72.2,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"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 easing","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Present","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-15.4","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-4.7","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-13.4","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-29.0","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"50/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"46.1","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"1.2%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"20.2","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"34%","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 is rotating through its trend references.","series":[{"label":"Close","values":[800.0,799.4,799.2,799.2,791.3,786.0,783.8,806.1,790.9,810.0,799.1,795.1,785.1,776.7,775.2,774.5,773.8,775.0,774.2,772.1,783.7,786.1,776.9,773.9,772.4,769.2,767.2,761.7,760.0,761.9,759.3,754.9,748.2,763.0,772.3,767.2,767.6],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,798.1421,795.9344,793.7282,795.9776,795.0544,797.7718,798.0133,797.4836,795.232,791.8626,788.833,786.227,783.9675,782.3371,780.8576,779.2653,780.0716,781.1677,780.3917,779.2114,777.973,776.3779,774.7092,772.3439,770.0995,768.6087,766.9162,764.7315,761.7257,761.9574,763.8379,764.4492,765.0221],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,797.1175,795.6051,794.0936,792.6422,791.2465,790.0431,788.8695,787.6273,787.3364,787.2448,786.4785,785.5468,784.573,783.4342,782.2317,780.7108,779.1767,777.8969,776.5194,774.918,772.9388,772.2026,772.2098,771.8387,771.5248],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,812.5839,812.1359,811.3713,811.1931,812.2285,812.8354,813.0723,813.0885,812.7781,812.4382,812.1881,810.8308,809.5222,808.0597,806.4652,805.8872,805.8605,805.9817,802.5728,801.931,795.5366,791.649,788.575,788.4428,787.7065,787.4151,786.8894,786.4288],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,780.5961,781.5005,781.9787,780.3761,776.6143,773.4446,770.8777,768.7233,767.2664,765.9407,764.4819,764.2092,764.1878,763.4203,762.4848,761.1728,759.5195,757.7383,756.7072,754.259,755.8434,755.751,754.805,751.2472,750.6135,750.6149,750.4107,750.2512],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,364.717,126.9007,181.7832,105.785,37.0087,84.8961,249.9937,110.1035,278.3769,38.5142,45.3491,20.0894,18.1104,240.999,97.317,40.267,48.5961,81.1195,11.4737,15.4954,14.8531,43.1328,42.1266,28.9763,33.0382,137.3811,372.6894,400.9535,93.9786,139.7541],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,94.775,84.0545,100.9464,91.0593,87.7877,80.376,65.0,65.0,65.0,65.0,66.8394,66.0592,65.3849,75.5872,79.8672,78.0938,75.9055,72.2199,71.7151,71.0638,70.5207,68.9999,70.3772,69.4719,68.4436,65.0,77.1042,92.3617,89.1903,94.1427],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,-1.526,-2.92,-4.0985,-5.031,-5.7601,-6.1699,-6.4845,-6.8247,-6.088,-5.25,-5.2675,-5.4606,-5.6692,-6.0234,-6.3917,-7.0462,-7.6144,-7.8211,-8.1014,-8.5796,-9.391,-8.7391,-7.3869,-6.6501,-5.9651],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-3.4056,-3.9585,-4.4637,-4.9359,-5.1663,-5.183,-5.1999,-5.2521,-5.3355,-5.4731,-5.6568,-5.9347,-6.2706,-6.5807,-6.8849,-7.2238,-7.6573,-7.8736,-7.7763,-7.551,-7.2338],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-2.3544,-2.2114,-2.0208,-1.8888,-0.9217,-0.067,-0.0676,-0.2085,-0.3337,-0.5503,-0.7349,-1.1116,-1.3437,-1.2404,-1.2165,-1.3558,-1.7338,-0.8655,0.3894,0.901,1.2687],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,1.1142,1.0965,1.0818,1.0775,1.0727,1.046,1.0193,1.0919,1.0645,1.0893,1.0505,1.0171,0.9865,0.951,0.9457,0.9102,0.8815,0.8825,0.8744,0.8965,0.9746,1.1262,1.2166,1.2026],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,4.0156,3.8447,3.6894,3.8725,4.483,4.9664,5.3278,5.6094,5.7608,5.8918,6.0515,5.9201,5.7615,5.6812,5.6064,5.7068,5.9207,6.1703,5.8829,6.1267,5.1171,4.6398,4.3761,4.8316,4.8225,4.7854,4.7458,4.7085],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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,15.5973,16.6847,17.9453,18.7424,19.7347,20.7964,22.4316,22.2572,21.9246,21.0624,20.1541],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,24.7132,23.3634,22.0091,20.5383,19.9858,19.0515,18.2042,22.0556,25.0422,22.992,22.2244,21.3555,20.5313,19.8278,18.6481,18.0319,19.3727,18.0304,16.9963,15.5303,22.1348,37.6105,32.5447,30.5552],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,33.6223,32.9623,31.563,31.0816,28.9452,27.592,26.9095,22.9789,21.8216,27.1248,29.1186,29.8895,31.2775,32.7512,35.2648,36.8875,35.2791,35.4996,34.9786,39.6285,33.1952,26.3525,26.7061,25.8473],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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,74.2774,30.3468,85.5491,54.0461,42.4854,13.5837,3.2828,2.9269,2.6442,5.2873,8.046,6.2069,1.3793,34.3816,39.413,20.1259,13.8365,10.6919,3.9833,3.0426,0.9294,2.6549,7.0053,6.5436,1.4754,2.0528,23.8938,37.6106,31.2884,33.9869],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-1.092,-2.9571,-0.6135,-1.9509,-2.4417,-3.6687,-4.6994,-4.8834,-4.9693,-5.0552,-4.908,-5.0061,-5.2638,-3.8405,-3.546,-4.6748,-5.0429,-5.227,-5.6196,-5.865,-6.5399,-6.7485,-6.5153,-6.8344,-7.3742,-8.1963,-6.3344,-5.1927,-5.5172,-5.0],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,3.2932,1.3455,3.7929,2.3962,1.8836,0.6022,0.1677,0.155,0.1422,0.2981,0.4537,0.35,0.0778,2.1374,2.4501,1.2511,0.8602,0.6647,0.2476,0.1959,0.0657,0.1978,0.5278,0.5163,0.1194,0.1875,2.1693,3.4146,2.7317,2.7852],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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/2e472b39-90de-4637-802d-2f47e7fc3d2b/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/2e472b39-90de-4637-802d-2f47e7fc3d2b/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/2e472b39-90de-4637-802d-2f47e7fc3d2b/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/2e472b39-90de-4637-802d-2f47e7fc3d2b/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/2e472b39-90de-4637-802d-2f47e7fc3d2b/technical-pack/data.json"},"source_fingerprint":"845d0a8fdf6c05f4a1b92b792cd1b3757807ff15a503a2e73542bae15d59064d","content_hash":"92e6cfbac88109658ea4833d631ab98e7424c290c32373d26952d024bb8296a7","citation":"Sharemaestro, 488A Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/2e472b39-90de-4637-802d-2f47e7fc3d2b/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."}