{"schema_version":"1.0","name":"DIVA Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"3c28477e-697c-4bb1-bba3-b4f6d56a4f06","symbol":"DIVA","name":"Franklin European Quality Divid","exchange":"PAR","country":"FR","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics improved this week but remains below zero. 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, Directional strength and control, Range position and boundary pressure, Acceleration, deceleration and rollover, 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":"2026-08-21","observations":51,"displayedObservations":51,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","evidenceAlignment":{"status":"Material conflict","headline":"Upward price structure is not confirmed by Market Dynamics","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","take":"The divergence must narrow through either a recovery in Market Dynamics or weaker price. In this configuration, price reversal is the principal risk, so the upward alignment should be treated as vulnerable rather than confirmed.","tone":"negative","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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"],"values":[0.832514,1.067443,1.035401,0.998442,0.983001,0.920961,0.780788,0.51377,0.193285,0.135036,-0.030134,-0.113853,0.00978,-0.201546,-0.279736,-0.248254,-0.421623,-0.381679,-0.279618,-0.234303,-0.170162,-0.108408,-0.047339],"opens":[37.055,36.305,37.09,37.525002,37.985001,37.845001,37.369999,38.02,37.294998,37.939999,38.990002,37.715,38.400002,37.895,37.830002,38.334999,38.23,38.195,38.5,38.619999,38.424999,38.665001,38.580002],"highs":[37.365002,36.759998,37.555,38.009998,37.985001,37.869999,37.709999,38.02,37.575001,38.755001,38.990002,37.715,38.555,37.895,37.830002,38.334999,38.23,38.605,38.669998,38.855,38.555,38.665001,38.715],"lows":[36.57,36.27,37.09,37.525002,37.59,37.695,37.369999,37.174999,37.0,37.939999,37.970001,37.654999,38.314999,37.895,37.830002,38.334999,38.23,38.195,38.285,38.505001,38.395,38.384998,38.365002],"closes":[36.57,36.509998,37.555,37.830002,37.59,37.52,37.709999,37.150002,37.415001,38.59,37.970001,37.654999,38.555,37.895,37.830002,38.334999,38.23,38.605,38.599998,38.535,38.555,38.555,38.715],"hoverRows":[[{"label":"Open","value":"37.1","className":"is-ohlc","compact":true},{"label":"High","value":"37.4","className":"is-ohlc","compact":true},{"label":"Low","value":"36.6","className":"is-ohlc","compact":true},{"label":"Close","value":"36.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.83","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"36.3","className":"is-ohlc","compact":true},{"label":"High","value":"36.8","className":"is-ohlc","compact":true},{"label":"Low","value":"36.3","className":"is-ohlc","compact":true},{"label":"Close","value":"36.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.07","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"37.1","className":"is-ohlc","compact":true},{"label":"High","value":"37.6","className":"is-ohlc","compact":true},{"label":"Low","value":"37.1","className":"is-ohlc","compact":true},{"label":"Close","value":"37.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.04","note":"Supportive but easing","className":"is-positive","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":"38.0","className":"is-ohlc","compact":true},{"label":"Low","value":"37.5","className":"is-ohlc","compact":true},{"label":"Close","value":"37.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.00","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.0","className":"is-ohlc","compact":true},{"label":"High","value":"38.0","className":"is-ohlc","compact":true},{"label":"Low","value":"37.6","className":"is-ohlc","compact":true},{"label":"Close","value":"37.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.98","note":"Supportive but easing","className":"is-positive","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":"37.9","className":"is-ohlc","compact":true},{"label":"Low","value":"37.7","className":"is-ohlc","compact":true},{"label":"Close","value":"37.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.92","note":"Supportive but easing","className":"is-positive","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":"37.7","className":"is-ohlc","compact":true},{"label":"Low","value":"37.4","className":"is-ohlc","compact":true},{"label":"Close","value":"37.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.78","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.0","className":"is-ohlc","compact":true},{"label":"High","value":"38.0","className":"is-ohlc","compact":true},{"label":"Low","value":"37.2","className":"is-ohlc","compact":true},{"label":"Close","value":"37.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.51","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"37.3","className":"is-ohlc","compact":true},{"label":"High","value":"37.6","className":"is-ohlc","compact":true},{"label":"Low","value":"37.0","className":"is-ohlc","compact":true},{"label":"Close","value":"37.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.19","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"37.9","className":"is-ohlc","compact":true},{"label":"High","value":"38.8","className":"is-ohlc","compact":true},{"label":"Low","value":"37.9","className":"is-ohlc","compact":true},{"label":"Close","value":"38.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.14","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"39.0","className":"is-ohlc","compact":true},{"label":"High","value":"39.0","className":"is-ohlc","compact":true},{"label":"Low","value":"38.0","className":"is-ohlc","compact":true},{"label":"Close","value":"38.0","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":"37.7","className":"is-ohlc","compact":true},{"label":"High","value":"37.7","className":"is-ohlc","compact":true},{"label":"Low","value":"37.7","className":"is-ohlc","compact":true},{"label":"Close","value":"37.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.11","note":"Cautious and weakening","className":"is-negative","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":"38.6","className":"is-ohlc","compact":true},{"label":"Low","value":"38.3","className":"is-ohlc","compact":true},{"label":"Close","value":"38.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.01","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"37.9","className":"is-ohlc","compact":true},{"label":"High","value":"37.9","className":"is-ohlc","compact":true},{"label":"Low","value":"37.9","className":"is-ohlc","compact":true},{"label":"Close","value":"37.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.20","note":"Cautious and weakening","className":"is-negative","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":"37.8","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":"-0.28","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.3","className":"is-ohlc","compact":true},{"label":"High","value":"38.3","className":"is-ohlc","compact":true},{"label":"Low","value":"38.3","className":"is-ohlc","compact":true},{"label":"Close","value":"38.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.25","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.2","className":"is-ohlc","compact":true},{"label":"High","value":"38.2","className":"is-ohlc","compact":true},{"label":"Low","value":"38.2","className":"is-ohlc","compact":true},{"label":"Close","value":"38.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.42","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.2","className":"is-ohlc","compact":true},{"label":"High","value":"38.6","className":"is-ohlc","compact":true},{"label":"Low","value":"38.2","className":"is-ohlc","compact":true},{"label":"Close","value":"38.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.38","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.5","className":"is-ohlc","compact":true},{"label":"High","value":"38.7","className":"is-ohlc","compact":true},{"label":"Low","value":"38.3","className":"is-ohlc","compact":true},{"label":"Close","value":"38.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.28","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.6","className":"is-ohlc","compact":true},{"label":"High","value":"38.9","className":"is-ohlc","compact":true},{"label":"Low","value":"38.5","className":"is-ohlc","compact":true},{"label":"Close","value":"38.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.23","note":"Cautious but repairing","className":"is-negative","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":"38.6","className":"is-ohlc","compact":true},{"label":"Low","value":"38.4","className":"is-ohlc","compact":true},{"label":"Close","value":"38.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.17","note":"Cautious but repairing","className":"is-negative","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":"38.7","className":"is-ohlc","compact":true},{"label":"Low","value":"38.4","className":"is-ohlc","compact":true},{"label":"Close","value":"38.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.11","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"38.6","className":"is-ohlc","compact":true},{"label":"High","value":"38.7","className":"is-ohlc","compact":true},{"label":"Low","value":"38.4","className":"is-ohlc","compact":true},{"label":"Close","value":"38.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.05","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":[36.377698,38.8473],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.047339,"state":"Price ahead of Market Dynamics","context":{"scenario":"priceAhead","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 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":"negative"},"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 improved this week but remains below zero.","tone":"negative"},{"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":"negative"}],"relationshipEvidence":{"available":false,"observations":23,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-09-05","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","2026-08-21"],"close":[32.645,33.03,32.455,32.78,32.985,32.96,32.68,33.005,32.71,32.655,33.04,32.605,33.175,33.185,33.075,33.765,33.9,34.22,34.185,34.45,34.22,35.025,36.19,36.335,36.805,37.165,36.285,36.83,36.57,36.51,37.555,37.83,37.59,37.52,37.71,37.15,37.415,38.59,37.97,37.655,38.555,37.895,37.83,38.335,38.23,38.605,38.6,38.535,38.555,38.555,38.715],"consensus":[-100.0,100.0,-100.0,100.0,98.2842,0.0,-33.2586,45.7694,-49.2371,-32.0521,50.4233,-57.6924,60.809,37.5436,0.0,75.9156,44.9517,64.2628,30.6425,67.7557,0.0,82.8174,81.283,55.8719,79.4309,83.5647,0.0,78.0616,0.0,15.2666,73.6581,56.8793,14.4439,17.9435,50.8255,-31.2254,34.0183,74.0277,-15.0855,0.0,68.5987,-9.0666,0.0,38.4683,0.0,54.2717,35.535,0.0,34.7327,13.071,-41.8349],"supportDates":["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","2026-08-21"],"control":[null,null,null,null,null,0.0,-47.6619,27.9747,-37.7086,-28.4319,34.887,-47.7555,59.2766,30.0866,0.0,82.7184,41.5472,55.1358,21.1024,75.5321,0.0,85.8789,93.7338,47.1553,81.443,82.5488,0.0,80.6796,0.0,29.1016,85.6496,56.7905,4.521,1.523,66.6849,-25.9676,38.8068,76.6665,-20.2711,0.0,75.0466,-1.4405,0.0,41.513,0.0,66.2511,38.8153,0.0,45.2276,20.4122,-48.6208],"force":[-100.0,100.0,-100.0,100.0,97.2136,0.0,-61.9779,66.6062,-92.1021,-27.1518,69.7641,-90.4328,62.7051,17.9495,0.0,63.8766,23.4099,72.3852,5.7033,53.2574,0.0,94.8688,65.3413,36.2681,73.0698,87.0633,0.0,91.0114,0.0,15.6788,64.2991,43.2656,22.5421,13.107,33.1634,-85.723,48.3543,90.9242,-78.9653,0.0,80.1294,-32.0323,0.0,29.7621,0.0,47.7366,18.6908,0.0,22.4606,1.7547,-52.894],"direction":[null,null,null,null,99.0489,0.0,-3.716,51.2227,-31.7948,-39.6897,54.3642,-45.663,61.2058,60.0617,0.0,76.7402,64.2295,68.8919,67.5068,69.2243,0.0,70.7103,78.4404,79.8365,81.6749,82.2266,0.0,65.8197,0.0,21.559,66.6384,66.705,62.5367,58.8887,45.3162,-1.6924,18.3057,58.9429,-36.4694,0.0,52.9934,-1.3782,0.0,41.2074,0.0,45.249,43.8177,0.0,31.5042,15.2707,-26.1803],"intensity":[null,null,null,null,25.0,20.0,33.3333,100.0,87.5,33.3333,80.0,63.6364,66.6667,53.8462,7.1429,86.6667,43.75,29.4118,5.5556,15.7895,15.0,90.4762,90.9091,86.9565,54.1667,36.0,88.4615,62.963,71.4286,72.4138,90.0,38.7097,12.5,3.0303,29.4118,62.8571,41.6667,94.5946,73.6842,94.8718,85.0,70.7317,2.381,53.4884,4.5455,35.5556,4.3478,14.8936,27.0833,8.1633,16.0],"confirmation":[54.6667,54.6667,54.6667,54.6667,76.7353,9.0603,57.4246,83.5524,85.2379,78.1625,84.9616,87.6108,87.54,79.5304,7.6632,91.8224,81.7799,88.9507,55.3933,89.1215,11.5956,94.8222,93.335,85.4144,93.1934,94.8628,37.9171,93.3345,8.8205,29.7429,91.1026,85.7878,9.5573,7.842,83.4842,57.4275,79.2498,92.1636,37.142,29.6903,90.2047,26.3841,24.7776,79.9981,26.7446,84.9852,78.8079,5.6576,78.5805,49.3267,44.64],"persistence":[null,null,33.3333,0.0,20.0,16.6667,0.0,12.5,12.5,12.5,12.5,12.5,12.5,0.0,12.5,12.5,37.5,62.5,62.5,87.5,75.0,75.0,87.5,87.5,87.5,87.5,75.0,75.0,75.0,75.0,75.0,75.0,75.0,75.0,87.5,62.5,75.0,75.0,50.0,37.5,37.5,12.5,0.0,25.0,12.5,12.5,37.5,37.5,37.5,62.5,75.0],"assessmentRisk":[null,null,null,null,13.83,8.9888,45.4221,6.3199,9.1614,21.2736,15.1607,12.7151,12.6555,26.8281,7.0403,11.9482,26.3535,17.6748,34.5547,14.831,34.719,7.5359,9.349,22.0475,10.2844,8.2164,12.1515,0.6152,21.9359,50.9183,12.2231,19.1593,40.2689,38.5738,11.0653,28.7632,34.3176,10.8621,28.2884,37.6541,13.9496,36.596,13.4996,23.1046,30.5209,15.9748,26.6573,14.6011,10.5861,11.3904,7.2013],"volumeParticipation":true,"latest":{"consensus":-41.8,"control":-48.6,"force":-52.9,"direction":-26.2,"confirmation":44.6,"persistence":75.0,"assessmentRisk":7.2,"intensity":16.0,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the Market Dynamics view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the downward Market Dynamics view stronger support.","take":"Current assessment: the visible price structure remains vulnerable until Market Dynamics changes.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-41.8","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-48.6","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-52.9","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-26.2","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"45/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"66.3","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"1.2%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"53.9","detail":"Directional","tone":"positive"},{"label":"Range position","value":"91%","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":[32.645,33.03,32.455,32.78,32.985,32.96,32.68,33.005,32.71,32.655,33.04,32.605,33.175,33.185,33.075,33.765,33.9,34.22,34.185,34.45,34.22,35.025,36.19,36.335,36.805,37.165,36.285,36.83,36.57,36.51,37.555,37.83,37.59,37.52,37.71,37.15,37.415,38.59,37.97,37.655,38.555,37.895,37.83,38.335,38.23,38.605,38.6,38.535,38.555,38.555,38.715],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,32.7421,32.7817,32.7632,32.8072,32.7895,32.7651,32.8151,32.7769,32.8492,32.9103,32.9402,33.0902,33.2374,33.4161,33.5559,33.7185,33.8096,34.0306,34.4232,34.7708,35.1407,35.5087,35.6499,35.8644,35.9927,36.0868,36.3537,36.6221,36.7981,36.9294,37.0713,37.0856,37.1455,37.4081,37.5103,37.5366,37.7218,37.7533,37.7672,37.8704,37.9358,38.0575,38.1561,38.225,38.285,38.3341,38.4034],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,32.7684,32.7993,32.8197,32.8897,32.9646,33.0576,33.1411,33.238,33.3108,33.4378,33.6416,33.8411,34.0607,34.2906,34.4384,34.6155,34.7603,34.8899,35.0873,35.2905,35.4608,35.6133,35.7687,35.871,35.9854,36.1783,36.311,36.4106,36.5694,36.6676,36.7537,36.8708,36.9715,37.0925,37.2042,37.3028,37.3955,37.4814,37.5728],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,33.1597,33.1933,33.1776,33.2437,33.2948,33.309,33.5333,33.7302,33.9732,34.1416,34.3401,34.4763,34.793,35.3788,35.886,36.4294,36.968,37.2165,37.5417,37.7479,37.8905,38.2071,38.4631,38.6576,38.7768,38.8403,38.8456,38.8474,39.0366,39.0274,38.9416,38.8438,38.698,38.6981,38.7661,38.836,38.9717,38.9993,39.0549,39.0455,38.9679,39.0436],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,32.4213,32.433,32.4141,32.4063,32.4066,32.4223,32.3104,32.2286,32.1234,32.0747,32.0104,32.0317,31.9145,31.7022,31.5505,31.3891,31.271,31.383,31.4403,31.6201,31.863,31.9979,32.2644,32.5114,32.8257,33.2257,33.5589,33.9086,34.1564,34.5441,34.9504,35.4817,35.9145,36.0784,36.2104,36.283,36.2913,36.4952,36.6101,36.818,37.1001,37.1404],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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","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,293.7853,132.7514,0.0,716.5582,59.8205,0.0,66.4767,807.6013,6.8442,0.0,296.3903,343.8452,10.1022,34.9156,45.6439,2.0519,46.9779,28.7373,64.6279,232.8591,661.2821,0.1369,203.0928,7.1794,16.9325,0.0,0.0,0.0,31.9639,61.8676,395.2196,47.4261,4.1784,36.8818,0.0,0.0,0.0,0.0,0.0855,9.931,117.851,0.1651,125.4919,518.8784],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,128.0623,128.0623,135.0,132.8632,132.8632,135.0,82.5128,82.9316,82.9316,102.2308,76.3333,77.0598,74.5043,77.9231,78.0769,81.5812,83.7179,88.6581,68.5128,135.0,134.9884,115.9086,116.5209,117.965,117.965,117.965,117.965,115.7988,120.1254,135.0,132.6735,132.4688,134.2875,134.2875,134.2875,134.2875,134.2875,134.2914,133.8781,131.0674,131.0713,131.0713,135.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","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,59.3948,59.2374,59.48,58.9113,58.9485,59.2479,59.5259,59.7841,59.1452,58.8043,58.026,58.171,58.4414,57.9484,58.0303,57.2262,56.3458,55.9076,55.2741,54.9701,54.7361,54.6592,54.3092,54.0797,53.9115],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,50.4831,49.5536,49.4115,52.4605,53.2788,52.2774,48.3763,47.4765,47.0867,56.5089,58.4527,59.8974,59.4337,49.8369,44.335,47.0629,44.0103,48.1678,50.9458,48.3642,46.563,44.4006,43.5478,40.2841,47.8475,44.9978,43.342,48.4265,44.826,44.4753,47.8867,47.2368,49.6244,47.9295,48.1672,47.0499,46.7247,44.9933],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,19.0391,17.4317,14.9616,14.0599,12.8781,11.9666,11.3803,10.1312,8.6286,7.0406,6.7259,6.155,5.6217,13.0364,12.0743,10.8126,14.0823,12.2565,11.5106,10.9273,10.5204,14.471,12.8711,14.1874,11.9414,10.5697,13.8605,12.4508,16.2564,16.9116,15.8726,17.0142,16.0957,15.2625,14.5263,15.7841,15.123,14.3158],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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","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,31.4607,18.2022,15.7303,33.0338,13.4832,39.1011,39.5506,34.6068,65.618,71.6855,86.0675,84.4945,96.4046,80.8018,99.2702,100.0,96.875,98.6842,100.0,81.893,93.107,84.2885,82.2429,100.0,96.7034,92.3077,91.0257,94.5055,84.0951,88.9397,97.3192,82.8283,77.5252,92.3077,78.922,76.3507,86.6462,84.5056,92.1025,91.362,87.4482,85.4757,85.4757,90.818],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-4.4164,-5.2708,-5.4301,-4.3151,-5.5749,-3.9241,-3.8952,-4.2137,-2.2155,-1.8245,-0.8978,-0.9991,-0.2317,-1.3122,-0.0571,0.0,-0.3565,-0.1628,0.0,-2.3678,-0.9014,-2.1277,-2.2882,0.0,-0.4735,-1.105,-1.2891,-0.7893,-2.2883,-1.5913,-0.4258,-2.6161,-3.424,-1.1157,-2.8084,-2.9751,-1.6799,-1.9492,-0.9874,-1.0003,-1.167,-1.1157,-1.1157,-0.7053],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,2.1669,1.2537,1.0834,2.2752,0.9286,2.6931,2.724,2.3835,4.5194,4.9373,5.9279,5.8195,6.6398,5.9279,8.4198,12.026,12.4748,13.9297,15.0441,12.3201,14.0071,13.2023,12.1659,15.3763,16.2212,15.4839,15.2688,15.8525,14.1321,14.9462,18.3742,14.8865,13.9334,15.6592,12.132,10.9872,12.4688,12.1608,13.1614,11.9652,8.9637,7.1121,7.1121,7.5566],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","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,0.0658,0.0889,0.0972,0.1577,0.214,0.2812,0.3279,0.3819,0.4015,0.4764,0.6227,0.7417,0.8641,0.9788,0.9873,1.0262,1.0242,1.0062,1.064,1.1191,1.1304,1.1207,1.1156,1.0541,1.0151,1.0667,1.0456,0.9919,1.0104,0.9607,0.9056,0.8924,0.8636,0.861,0.8488,0.8244,0.7974,0.7673,0.7476],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.1165,0.1495,0.1852,0.2245,0.2599,0.3032,0.3671,0.442,0.5264,0.6169,0.691,0.758,0.8113,0.8503,0.893,0.9382,0.9767,1.0055,1.0275,1.0328,1.0293,1.0368,1.0385,1.0292,1.0254,1.0125,0.9911,0.9714,0.9498,0.9321,0.9154,0.8972,0.8772,0.8552,0.8337],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0975,0.1318,0.1427,0.1574,0.1416,0.1732,0.2556,0.2997,0.3376,0.3619,0.2963,0.2682,0.213,0.156,0.171,0.1809,0.1537,0.1153,0.0881,0.0213,-0.0142,0.03,0.007,-0.0373,-0.0151,-0.0518,-0.0855,-0.0789,-0.0863,-0.071,-0.0666,-0.0728,-0.0798,-0.088,-0.0861],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","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,0.9552,0.972,1.0301,1.0138,1.0182,1.0185,1.0142,1.0649,1.1344,1.2494,1.2096,1.2117,1.22,1.3837,1.423,1.486,1.478,1.533,1.5047,1.4812,1.4313,1.3868,1.4696,1.4647,1.5667,1.6704,1.6238,1.6394,1.6732,1.5686,1.5315,1.4456,1.4052,1.3762,1.345,1.2779,1.2385,1.2098],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,2.252,2.3171,2.3279,2.5513,2.7036,2.698,3.7144,4.5533,5.5972,6.2431,7.0222,7.3514,8.6303,10.9616,12.858,14.8642,16.6975,17.0077,17.6896,17.6676,17.2821,17.6887,17.5283,17.2722,16.6225,15.5821,14.6033,13.5763,13.3352,12.1877,10.8027,9.047,7.461,7.0066,6.8176,6.7971,7.1227,6.6336,6.4622,5.8726,4.9107,4.9962],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/3c28477e-697c-4bb1-bba3-b4f6d56a4f06/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/3c28477e-697c-4bb1-bba3-b4f6d56a4f06/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/3c28477e-697c-4bb1-bba3-b4f6d56a4f06/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/3c28477e-697c-4bb1-bba3-b4f6d56a4f06/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/3c28477e-697c-4bb1-bba3-b4f6d56a4f06/technical-pack/data.json"},"source_fingerprint":"6905cf5afa79a6eac5f8ba1cf61116fac5f6973ebebfe6f6a5a6526fedc9392f","content_hash":"6a929a982b945595ba9d240e2c8f7fe796c1d9f09e88cbbefd6ca3bd15f1d6b5","citation":"Sharemaestro, DIVA Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/3c28477e-697c-4bb1-bba3-b4f6d56a4f06/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."}