{"schema_version":"1.0","name":"ZEAL Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"33ff7aa9-59f4-412f-9ea1-9469c001a779","symbol":"ZEAL","name":"Zealand Pharma A/S","exchange":"VIE","country":"AT","asset_type":"equity","currency":"EUR","sector":"Healthcare","industry":"Biotechnology"},"summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Completed returns and cumulative progression, Range expansion and closing direction, Acceleration, deceleration and rollover, Activity pressure and cumulative balance, 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":"2026-08-14","observations":20,"displayedObservations":20,"assetType":"Equity","state":"Aligned upward","stateTone":"positive","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","evidenceAlignment":{"status":"Evidence developing","headline":"Price structure is visible; Market Dynamics is not yet established","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","take":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","tone":"neutral","conflict":false},"marketDynamics":{"available":true,"readAvailable":false,"dates":["2026-04-03","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"],"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],"opens":[39.110001,38.720001,37.389999,43.68,40.720001,41.669998,47.18,41.299999,42.900002,43.09,40.209999,38.389999,37.84,40.580002,38.889999,37.5,39.59,39.290001,41.07,44.720001],"highs":[40.82,40.23,43.779999,43.68,43.349998,48.5,47.959999,43.009998,43.779999,43.09,40.209999,38.950001,38.349998,40.580002,39.0,40.66,40.52,41.939999,45.68,46.650002],"lows":[38.709999,37.049999,37.299999,40.09,39.84,39.490002,41.740002,40.110001,42.119999,42.740002,38.950001,37.459999,36.84,40.18,37.75,36.419998,38.310001,39.290001,40.869999,42.509998],"closes":[40.150002,38.549999,43.610001,40.599998,40.169998,45.700001,41.740002,42.490002,43.43,42.740002,39.610001,37.459999,38.349998,40.360001,37.75,39.290001,39.240002,40.540001,43.48,42.509998],"hoverRows":[[{"label":"Open","value":"39.1","className":"is-ohlc","compact":true},{"label":"High","value":"40.8","className":"is-ohlc","compact":true},{"label":"Low","value":"38.7","className":"is-ohlc","compact":true},{"label":"Close","value":"40.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.7","className":"is-ohlc","compact":true},{"label":"High","value":"40.2","className":"is-ohlc","compact":true},{"label":"Low","value":"37.0","className":"is-ohlc","compact":true},{"label":"Close","value":"38.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"37.4","className":"is-ohlc","compact":true},{"label":"High","value":"43.8","className":"is-ohlc","compact":true},{"label":"Low","value":"37.3","className":"is-ohlc","compact":true},{"label":"Close","value":"43.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"43.7","className":"is-ohlc","compact":true},{"label":"High","value":"43.7","className":"is-ohlc","compact":true},{"label":"Low","value":"40.1","className":"is-ohlc","compact":true},{"label":"Close","value":"40.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"40.7","className":"is-ohlc","compact":true},{"label":"High","value":"43.3","className":"is-ohlc","compact":true},{"label":"Low","value":"39.8","className":"is-ohlc","compact":true},{"label":"Close","value":"40.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"41.7","className":"is-ohlc","compact":true},{"label":"High","value":"48.5","className":"is-ohlc","compact":true},{"label":"Low","value":"39.5","className":"is-ohlc","compact":true},{"label":"Close","value":"45.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"47.2","className":"is-ohlc","compact":true},{"label":"High","value":"48.0","className":"is-ohlc","compact":true},{"label":"Low","value":"41.7","className":"is-ohlc","compact":true},{"label":"Close","value":"41.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"41.3","className":"is-ohlc","compact":true},{"label":"High","value":"43.0","className":"is-ohlc","compact":true},{"label":"Low","value":"40.1","className":"is-ohlc","compact":true},{"label":"Close","value":"42.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"42.9","className":"is-ohlc","compact":true},{"label":"High","value":"43.8","className":"is-ohlc","compact":true},{"label":"Low","value":"42.1","className":"is-ohlc","compact":true},{"label":"Close","value":"43.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"43.1","className":"is-ohlc","compact":true},{"label":"High","value":"43.1","className":"is-ohlc","compact":true},{"label":"Low","value":"42.7","className":"is-ohlc","compact":true},{"label":"Close","value":"42.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"40.2","className":"is-ohlc","compact":true},{"label":"High","value":"40.2","className":"is-ohlc","compact":true},{"label":"Low","value":"39.0","className":"is-ohlc","compact":true},{"label":"Close","value":"39.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.4","className":"is-ohlc","compact":true},{"label":"High","value":"39.0","className":"is-ohlc","compact":true},{"label":"Low","value":"37.5","className":"is-ohlc","compact":true},{"label":"Close","value":"37.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"37.8","className":"is-ohlc","compact":true},{"label":"High","value":"38.3","className":"is-ohlc","compact":true},{"label":"Low","value":"36.8","className":"is-ohlc","compact":true},{"label":"Close","value":"38.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"40.6","className":"is-ohlc","compact":true},{"label":"High","value":"40.6","className":"is-ohlc","compact":true},{"label":"Low","value":"40.2","className":"is-ohlc","compact":true},{"label":"Close","value":"40.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.9","className":"is-ohlc","compact":true},{"label":"High","value":"39.0","className":"is-ohlc","compact":true},{"label":"Low","value":"37.8","className":"is-ohlc","compact":true},{"label":"Close","value":"37.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"37.5","className":"is-ohlc","compact":true},{"label":"High","value":"40.7","className":"is-ohlc","compact":true},{"label":"Low","value":"36.4","className":"is-ohlc","compact":true},{"label":"Close","value":"39.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"39.6","className":"is-ohlc","compact":true},{"label":"High","value":"40.5","className":"is-ohlc","compact":true},{"label":"Low","value":"38.3","className":"is-ohlc","compact":true},{"label":"Close","value":"39.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"39.3","className":"is-ohlc","compact":true},{"label":"High","value":"41.9","className":"is-ohlc","compact":true},{"label":"Low","value":"39.3","className":"is-ohlc","compact":true},{"label":"Close","value":"40.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"41.1","className":"is-ohlc","compact":true},{"label":"High","value":"45.7","className":"is-ohlc","compact":true},{"label":"Low","value":"40.9","className":"is-ohlc","compact":true},{"label":"Close","value":"43.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"44.7","className":"is-ohlc","compact":true},{"label":"High","value":"46.7","className":"is-ohlc","compact":true},{"label":"Low","value":"42.5","className":"is-ohlc","compact":true},{"label":"Close","value":"42.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[36.965599,46.194401],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"steady","fourWeekDirection":"steady","now":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Zone progression","detail":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","tone":"neutral"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","annotations":[{"label":"Current tape relationship","value":"Zone progression","detail":"Market Dynamics remains positive and was little changed this week.","tone":"neutral"},{"label":"Price location","value":"Between zones","detail":"Price is progressing between the lower and upper positioning zones while the Market Dynamics read develops.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":false,"observations":20,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-04-17","price":43.610001},{"date":"2026-08-07","price":43.48}],"reversal_dangers":[{"date":"2026-04-24","price":40.599998},{"date":"2026-08-14","price":42.509998}]}},"smTape":{"available":true,"dates":["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":[40.15,38.55,43.61,40.6,40.17,45.7,41.74,42.49,43.43,42.74,39.61,37.46,38.35,40.36,37.75,39.29,39.24,40.54,43.48,42.51],"consensus":[36.4931,0.0,94.7531,-71.5879,-14.546,56.4108,-28.3021,27.1777,35.3051,-16.5804,-38.874,-63.0828,-13.4464,0.0,-52.3662,18.3545,0.0,15.8187,49.3957,1.404],"supportDates":["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":[null,null,null,null,null,50.0899,-34.4565,24.8927,32.7485,-17.6317,-36.2877,-63.0755,-6.1963,0.0,-60.8288,14.8963,0.0,18.6547,44.4858,12.8321],"force":[36.4931,0.0,94.7531,-71.5879,-27.1732,47.4707,-48.1754,29.6504,28.2129,-28.0155,-38.5962,-61.3591,-13.9567,0.0,-45.1639,44.7195,0.0,23.6258,60.0017,34.4127],"direction":[null,null,null,null,-5.5265,70.0206,-7.0733,28.0228,43.2927,-7.211,-42.0281,-64.3222,-55.4688,0.0,-47.8391,3.4744,0.0,7.0011,47.4314,35.2345],"intensity":[null,null,null,null,25.0,100.0,66.6667,71.4286,37.5,22.2222,60.0,45.4545,25.0,61.5385,50.0,26.6667,37.5,23.5294,72.2222,26.3158],"confirmation":[34.3445,1.8113,52.9877,45.5748,27.8986,85.8753,54.9019,76.807,79.1204,50.9715,80.4706,88.1341,8.0663,26.8143,84.4087,52.063,24.286,50.59,84.2047,31.4645],"persistence":[null,null,66.6667,25.0,0.0,16.6667,0.0,12.5,12.5,0.0,25.0,25.0,25.0,37.5,37.5,37.5,50.0,25.0,0.0,12.5],"assessmentRisk":[null,null,null,null,7.5999,20.1098,9.0344,11.3391,20.5822,29.0133,10.4542,15.0604,40.3743,33.2965,2.137,21.6089,20.3915,4.2488,24.9039,48.0437],"volumeParticipation":true,"latest":{"consensus":1.4,"control":12.8,"force":34.4,"direction":35.2,"confirmation":31.5,"persistence":12.5,"assessmentRisk":48.0,"intensity":26.3,"evidenceDepth":77},"analysis":{"status":"Price structure has the available support","headline":"The gauges support the price-technical view","summary":"Market Dynamics does not provide a directional confirmation. The completed evidence supports the upward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"positive","supportedView":"Price structure","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":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+1.4","detail":"Price structure has the available support","tone":"positive"},{"label":"SM Control Gauge","value":"+12.8","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+34.4","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+35.2","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"31/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"43.1","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"7.3%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"50%","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":[40.15,38.55,43.61,40.6,40.17,45.7,41.74,42.49,43.43,42.74,39.61,37.46,38.35,40.36,37.75,39.29,39.24,40.54,43.48,42.51],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,40.4824,41.431,41.4872,41.6695,41.9896,42.1261,41.6686,40.9034,40.4391,40.4247,39.9384,39.8205,39.715,39.865,40.5223,40.8837],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,40.6462,40.625,40.412,40.3289,40.2483,40.2699,40.5077,40.656],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,45.9054,45.735,45.8684,45.7463,45.5409,45.4744,45.2931,45.1255,44.9934,45.2109,45.2485],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,37.9306,37.6814,36.8399,36.4999,36.5962,36.2203,36.2069,36.1968,36.3155,36.3955,36.5285],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"key":"returns","eyebrow":"Observed return path","title":"Completed returns and cumulative progression","description":"Period returns are shown beside the total move recorded across the available tape.","reason":"Selected because direct returns remain fully observable while longer indicators develop.","series":[{"label":"Period return","values":[null,-3.9851,13.1258,-6.9021,-1.0591,13.7665,-8.6652,1.7968,2.2123,-1.5888,-7.3234,-5.4279,2.3759,5.2412,-6.4668,4.0795,-0.1273,3.3129,7.2521,-2.2309],"stroke":"#176fa3","width":1.7},{"label":"Cumulative progression","values":[0.0,-3.9851,8.6177,1.1208,0.0498,13.8232,3.9601,5.8281,8.1694,6.4508,-1.345,-6.6999,-4.4832,0.523,-5.9776,-2.142,-2.2665,0.9714,8.2939,5.8779],"stroke":"#07865c","width":2.0}],"guides":[{"label":"Starting level","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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"bar_range","eyebrow":"Completed-bar anatomy","title":"Range expansion and closing direction","description":"The completed range and open-to-close direction expose expansion, compression and control.","reason":"Selected because these measures use every completed bar and do not require a long history.","series":[{"label":"Completed range","values":[5.2553,8.249,14.859,8.8424,8.7379,19.7155,14.9018,6.8251,3.8222,0.8189,3.181,3.9776,3.9374,0.9911,3.3113,10.7916,5.632,6.5367,11.0626,9.7389],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[2.6592,-0.4391,16.6355,-7.0513,-1.3507,9.6712,-11.5303,2.8814,1.2354,-0.8122,-1.4922,-2.4225,1.3478,-0.5421,-2.9313,4.7733,-0.8841,3.1815,5.868,-4.9419],"stroke":"#176fa3","width":1.8}],"guides":[{"label":"Unchanged close","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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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,-0.0944,-0.1027,-0.3163,-0.3571,-0.389,-0.3059,-0.0028,0.1574],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.2246,-0.2409,-0.1933,-0.1231],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.1644,-0.065,0.1905,0.2805],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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,95.0792,49.8864,1.1653,29.966,70.2709,20.3822,0.0,0.0,59.3466,67.0863,36.6343,57.137,97.5674],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,121.5204,130.8091,130.6136,125.9151,115.1872,118.1052,118.1052,118.1052,125.2745,117.3336,121.5141,127.8827,117.0216],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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,7.0226,7.4657,7.4315,7.3118,7.0475,6.946,7.2927],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,19.0249,19.3094,21.832,22.4847,21.7798,22.6552,22.2974,21.9588,21.3454,21.6047,21.3265],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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"]}]},"canonical_url":"https://sharemaestro.com/terminal/33ff7aa9-59f4-412f-9ea1-9469c001a779/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/33ff7aa9-59f4-412f-9ea1-9469c001a779/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/33ff7aa9-59f4-412f-9ea1-9469c001a779/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/33ff7aa9-59f4-412f-9ea1-9469c001a779/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/33ff7aa9-59f4-412f-9ea1-9469c001a779/technical-pack/data.json"},"source_fingerprint":"661f683cac70b822f804f9b44deba51bff2bc50bccc2adaaceb84a244a1f4556","content_hash":"51e4025b3be850e9d433fc1d2302a2296d6b167f6eb70e6d0d0c2e90f470728b","citation":"Sharemaestro, ZEAL Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/33ff7aa9-59f4-412f-9ea1-9469c001a779/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."}