{"schema_version":"1.0","name":"402A Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"34dea6ba-86af-4202-b197-38b69e681986","symbol":"402A","name":"AXELSPACE HOLDINGS","exchange":"JPX","country":"JP","asset_type":"equity","currency":"JPY","sector":"Industrials","industry":"Aerospace & Defense"},"summary":"Market Dynamics weakened this week and remains below zero. The broader path has not changed enough to establish a new direction. Price structure remains rotational.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Drawdown and recovery pressure, Acceleration, deceleration and rollover, Activity pressure and cumulative balance, Range position and boundary pressure, 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":53,"displayedObservations":53,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics weakened this week and remains below zero. The broader path has not changed enough to establish a new direction. Price structure remains rotational.","evidenceAlignment":{"status":"Negative pressure; price rotational","headline":"Market Dynamics is negative while price has no clear direction","summary":"Market Dynamics weakened this week and remains below zero. The broader path has not changed enough to establish a new direction. Price structure remains rotational.","take":"The underlying condition is weak, but a negative price response is still required.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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"],"values":[0.499489,0.763186,0.860596,0.91002,0.76361,0.572987,0.602904,0.713047,0.794522,0.799978,0.790305,0.738117,0.854672,1.099347,1.012422,0.858547,0.466977,-0.053154,-0.400988,-0.741198,-0.842362,-0.862605,-0.869743,-0.817436,-0.821005],"opens":[657.0,728.0,628.0,655.0,604.0,528.0,544.0,641.0,680.0,629.0,620.0,710.0,712.0,850.0,720.0,671.0,588.0,511.0,512.0,509.0,516.0,459.0,480.0,461.0,530.0],"highs":[775.0,770.0,670.0,702.0,626.0,572.0,670.0,736.0,760.0,632.0,713.0,746.0,827.0,1015.0,749.0,687.0,589.0,515.0,552.0,524.0,546.0,491.0,480.0,521.0,551.0],"lows":[632.0,601.0,583.0,630.0,538.0,504.0,525.0,635.0,630.0,567.0,595.0,661.0,664.0,837.0,705.0,653.0,571.0,488.0,504.0,499.0,448.0,446.0,413.0,450.0,517.0],"closes":[752.0,668.0,653.0,640.0,558.0,537.0,670.0,687.0,631.0,603.0,703.0,696.0,812.0,865.0,720.0,680.0,582.0,492.0,552.0,512.0,458.0,475.0,467.0,514.0,544.0],"hoverRows":[[{"label":"Open","value":"657.0","className":"is-ohlc","compact":true},{"label":"High","value":"775.0","className":"is-ohlc","compact":true},{"label":"Low","value":"632.0","className":"is-ohlc","compact":true},{"label":"Close","value":"752.0","className":"is-ohlc","compact":true},{"label":"Market 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steady","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Negative and broadly steady","detail":"Market Dynamics weakened this week and 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":"Supported","detail":"The broader path has not changed enough to establish a new direction.","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":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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":[924.0,853.0,915.0,880.0,914.0,869.0,778.0,755.0,770.0,713.0,693.0,601.0,614.0,566.0,525.0,533.0,483.0,450.0,428.0,506.0,507.0,515.0,571.0,600.0,559.0,588.0,510.0,557.0,752.0,668.0,653.0,640.0,558.0,537.0,670.0,687.0,631.0,603.0,703.0,696.0,812.0,865.0,720.0,680.0,582.0,492.0,552.0,512.0,458.0,475.0,467.0,514.0,544.0],"consensus":[100.0,-97.2603,26.25,23.6296,0.0,-13.1014,-36.6339,-28.3146,-26.6556,-35.4023,-28.8261,-51.1215,-22.1262,-47.0144,-40.8547,-20.4403,-41.394,-37.1827,-34.345,0.0,0.0,0.0,26.5496,25.5174,-8.3904,22.3473,-40.2821,11.9834,68.0393,0.0,22.066,0.0,-39.1757,-22.2071,48.6124,25.8581,-14.7235,0.0,42.7009,9.4502,65.153,42.9571,-8.8633,0.0,-34.8739,-53.103,0.0,-34.6576,-54.3165,-15.7019,-23.6577,8.3741,-15.7918],"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":[null,null,null,null,-19.6679,-42.5972,-29.1114,-27.5604,-34.9132,-30.262,-54.5387,-12.9121,-51.9232,-37.7836,-13.8383,-43.7114,-38.9101,-36.0579,0.0,0.0,0.0,22.591,20.4736,-15.7148,19.0762,-43.3797,17.024,65.2031,0.0,18.1598,0.0,-35.7433,-17.8751,49.4594,23.903,-22.1265,0.0,48.0827,8.6635,59.768,26.1681,-17.5982,0.0,-32.8156,-60.4196,0.0,-31.4824,-56.2851,-13.7925,-15.7383,15.3549,-15.0866],"force":[-97.2603,26.25,23.6296,0.0,-14.2349,-30.6738,-17.4394,-16.8437,-28.1338,-16.8385,-44.1175,-0.2203,-31.4296,-22.9467,-2.5562,-32.8712,-22.1831,-16.179,0.0,0.0,0.0,43.1245,35.7022,-20.8176,30.6809,-62.1394,27.6478,89.0417,0.0,10.0913,0.0,-61.3621,-18.7507,81.341,21.6033,-49.5235,0.0,52.4104,7.2025,87.8134,47.8161,-27.4124,0.0,-28.8075,-40.5198,0.0,-19.4345,-53.4463,-9.8645,-5.2992,34.5609,-28.9546],"direction":[null,null,null,0.0,-4.7872,-34.0757,-35.1721,-32.6301,-41.1529,-35.7478,-52.2191,-48.6184,-52.5363,-57.156,-44.4114,-44.8331,-45.9224,-45.3631,0.0,0.0,0.0,19.2344,24.007,-8.8568,20.1332,-21.1297,4.9663,56.2789,0.0,35.0835,0.0,-27.2511,-29.6267,24.2669,31.1317,-18.5943,0.0,29.6149,22.244,55.1213,58.6736,-14.3688,0.0,-41.5596,-53.7292,0.0,-49.16,-52.688,-36.1458,-45.8216,18.3087,-7.1956],"intensity":[null,null,null,50.0,20.0,66.6667,42.8571,25.0,55.5556,20.0,63.6364,58.3333,15.3846,50.0,6.6667,31.25,64.7059,11.1111,78.9474,35.0,14.2857,40.9091,17.3913,20.8333,12.0,73.0769,29.6296,96.4286,75.8621,83.3333,29.0323,78.125,42.4242,91.1765,85.7143,44.4444,89.1892,78.9474,53.8462,87.5,95.122,100.0,44.186,70.4545,62.2222,39.1304,12.766,33.3333,34.6939,8.0,23.5294,55.7692],"confirmation":[53.79,31.0667,30.2281,0.3186,49.4603,79.4503,76.7171,76.217,79.1147,76.8371,84.0934,51.9201,82.4948,80.5745,51.8193,80.951,79.415,78.4107,8.6997,2.7268,25.0852,77.0613,76.5528,27.5082,75.455,81.5092,50.6281,90.4559,33.4366,74.7557,4.6807,81.2647,75.0669,84.5405,76.1747,32.2927,25.689,81.8782,49.3984,89.6216,82.1502,29.0005,0.7917,79.0061,84.498,30.9947,78.6749,85.3247,29.0456,52.465,29.9439,50.7986],"persistence":[null,33.3333,50.0,40.0,16.6667,0.0,12.5,37.5,37.5,62.5,87.5,100.0,100.0,100.0,100.0,100.0,100.0,100.0,87.5,75.0,62.5,37.5,12.5,12.5,12.5,12.5,25.0,37.5,37.5,37.5,25.0,25.0,0.0,25.0,25.0,0.0,0.0,0.0,12.5,37.5,62.5,37.5,25.0,25.0,12.5,0.0,25.0,50.0,75.0,75.0,62.5,37.5],"assessmentRisk":[null,null,null,9.4333,21.9195,31.0137,35.1232,36.3862,32.1513,33.2712,24.284,38.8046,26.3342,29.5236,37.1217,29.199,31.3144,32.5296,32.627,28.1205,48.804,36.5804,35.7441,47.6209,36.3108,24.2406,43.6572,15.6511,43.3544,37.3209,39.7983,29.9673,36.3333,13.8428,13.7289,43.3095,35.2992,2.6673,0.8454,16.0568,28.4713,15.3282,9.3072,32.1989,23.4366,45.9421,31.5162,19.1902,3.2312,28.7048,2.7686,33.8383],"volumeParticipation":true,"latest":{"consensus":-15.8,"control":-15.1,"force":-29.0,"direction":-7.2,"confirmation":50.8,"persistence":37.5,"assessmentRisk":33.8,"intensity":55.8,"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":"Seller control supports the view","controlPath":"Control support is easing","forceState":"Downward 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":"-15.8","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-15.1","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-29.0","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-7.2","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"51/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"45.1","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"17.3%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"13.3","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"22%","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 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402A Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/34dea6ba-86af-4202-b197-38b69e681986/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."}