{"schema_version":"1.0","name":"AVG3 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"3f3de52a-4688-4e7f-b23a-d11289ee6ce8","symbol":"AVG3","name":"Leverage Shares 3x Long Broadcom (AVGO) ETP Securities","exchange":"LSE","country":"GB","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price structure remains downward.","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, Drawdown and recovery pressure, 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":42,"displayedObservations":42,"assetType":"ETF","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price structure remains downward.","evidenceAlignment":{"status":"Countertrend conflict","headline":"Improving Market Dynamics is challenging the downward price structure","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price structure remains downward.","take":"This is an early challenge rather than a confirmed reversal. Price must respond to the improvement before the downward technical state can be considered resolved.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.515881,0.693542,0.624006,0.447372,0.271304,0.031882,-0.222198,-0.377124,-0.51617,-0.495869,-0.503938,-0.39501,-0.327075,-0.317352],"opens":[19.775,19.105,16.264999,12.685,14.91,11.625,10.5,13.46,10.18,11.485,12.0,11.485,15.88,12.51],"highs":[20.405001,23.0,16.799999,13.345,15.605,11.625,11.005,13.8,10.85,13.16,12.5,16.174999,16.264999,12.535],"lows":[17.709999,18.709999,14.62,12.265,14.87,10.82,10.5,13.38,9.8,11.31,10.7075,10.9,12.175,9.14],"closes":[18.5825,21.727501,14.8475,12.8125,15.2925,11.07,11.005,13.765,10.525,11.755,11.655,15.5875,12.175,9.82625],"hoverRows":[[{"label":"Open","value":"19.8","className":"is-ohlc","compact":true},{"label":"High","value":"20.4","className":"is-ohlc","compact":true},{"label":"Low","value":"17.7","className":"is-ohlc","compact":true},{"label":"Close","value":"18.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.52","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.1","className":"is-ohlc","compact":true},{"label":"High","value":"23.0","className":"is-ohlc","compact":true},{"label":"Low","value":"18.7","className":"is-ohlc","compact":true},{"label":"Close","value":"21.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.69","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"16.3","className":"is-ohlc","compact":true},{"label":"High","value":"16.8","className":"is-ohlc","compact":true},{"label":"Low","value":"14.6","className":"is-ohlc","compact":true},{"label":"Close","value":"14.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.62","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.7","className":"is-ohlc","compact":true},{"label":"High","value":"13.3","className":"is-ohlc","compact":true},{"label":"Low","value":"12.3","className":"is-ohlc","compact":true},{"label":"Close","value":"12.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.45","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.9","className":"is-ohlc","compact":true},{"label":"High","value":"15.6","className":"is-ohlc","compact":true},{"label":"Low","value":"14.9","className":"is-ohlc","compact":true},{"label":"Close","value":"15.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.27","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.6","className":"is-ohlc","compact":true},{"label":"High","value":"11.6","className":"is-ohlc","compact":true},{"label":"Low","value":"10.8","className":"is-ohlc","compact":true},{"label":"Close","value":"11.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.03","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.5","className":"is-ohlc","compact":true},{"label":"High","value":"11.0","className":"is-ohlc","compact":true},{"label":"Low","value":"10.5","className":"is-ohlc","compact":true},{"label":"Close","value":"11.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.22","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.5","className":"is-ohlc","compact":true},{"label":"High","value":"13.8","className":"is-ohlc","compact":true},{"label":"Low","value":"13.4","className":"is-ohlc","compact":true},{"label":"Close","value":"13.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.38","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10.2","className":"is-ohlc","compact":true},{"label":"High","value":"10.8","className":"is-ohlc","compact":true},{"label":"Low","value":"9.80","className":"is-ohlc","compact":true},{"label":"Close","value":"10.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.52","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.5","className":"is-ohlc","compact":true},{"label":"High","value":"13.2","className":"is-ohlc","compact":true},{"label":"Low","value":"11.3","className":"is-ohlc","compact":true},{"label":"Close","value":"11.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.50","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.0","className":"is-ohlc","compact":true},{"label":"High","value":"12.5","className":"is-ohlc","compact":true},{"label":"Low","value":"10.7","className":"is-ohlc","compact":true},{"label":"Close","value":"11.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.50","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.5","className":"is-ohlc","compact":true},{"label":"High","value":"16.2","className":"is-ohlc","compact":true},{"label":"Low","value":"10.9","className":"is-ohlc","compact":true},{"label":"Close","value":"15.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.40","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"15.9","className":"is-ohlc","compact":true},{"label":"High","value":"16.3","className":"is-ohlc","compact":true},{"label":"Low","value":"12.2","className":"is-ohlc","compact":true},{"label":"Close","value":"12.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.33","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.5","className":"is-ohlc","compact":true},{"label":"High","value":"12.5","className":"is-ohlc","compact":true},{"label":"Low","value":"9.14","className":"is-ohlc","compact":true},{"label":"Close","value":"9.83","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.32","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":[9.112175,22.441576],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.317352,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","latestDirection":"slight strengthening","fourWeekDirection":"strengthening","now":{"label":"Slightly 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":"Accumulation repair watch","detail":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","tone":"caution"},"chartSummary":"Price is in the accumulation zone. The Market Dynamics bars show whether underlying conditions are repairing or continuing to weaken.","summary":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","annotations":[{"label":"Current tape relationship","value":"Accumulation repair watch","detail":"Market Dynamics improved this week but remains below zero.","tone":"caution"},{"label":"Price location","value":"Accumulation zone","detail":"Price is being tested for a confirmed recovery through the lower zone.","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":"Repairing","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":14,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-11-07","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":[15.1825,15.6125,14.7675,23.475,21.0275,16.6125,12.4675,14.3275,14.195,13.435,13.555,10.4175,11.8225,11.0475,10.99,11.3875,9.6738,11.4275,10.035,9.4062,8.0087,8.765,14.74,18.085,19.43,20.025,20.16,20.1725,18.5825,21.7275,14.8475,12.8125,15.2925,11.07,11.005,13.765,10.525,11.755,11.655,15.5875,12.175,9.8262],"consensus":[-100.0,-17.1395,-79.7391,51.5009,37.4955,-20.2786,-38.54,0.0,-20.9524,-21.3686,0.0,-57.9981,0.0,-20.9914,-28.1207,0.0,-32.4849,14.829,-28.4662,-23.4335,-38.9133,0.0,55.707,70.347,46.2198,42.9375,31.2622,27.4807,0.0,52.0093,-51.2876,-36.684,0.0,-49.4649,-16.3365,17.1032,-43.7043,0.0,-12.1989,47.7327,-38.5493,-51.7192],"supportDates":["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,-31.724,-43.7765,0.0,-12.3531,-15.1881,0.0,-51.4917,0.0,-12.502,-27.7797,0.0,-34.9981,18.4438,-31.9262,-23.1828,-47.6249,0.0,59.2015,68.9086,41.5113,41.2236,22.884,24.3738,0.0,54.0407,-50.0344,-32.4081,0.0,-53.5185,-2.8986,25.053,-31.2749,0.0,-15.4038,45.0125,-43.9207,-49.0582],"force":[-100.0,-17.1395,-79.7391,51.5009,7.1054,-32.871,-31.2237,0.0,-12.5961,-15.5903,0.0,-78.7632,0.0,-11.2727,-16.4329,0.0,-27.5529,40.5782,-30.7936,-14.0022,-29.2886,0.0,67.1268,90.9524,34.0811,20.6365,7.7201,4.9854,0.0,56.7769,-85.5953,-35.7761,0.0,-41.4889,-4.795,36.6585,-57.3559,0.0,-0.7223,85.0634,-76.2126,-75.6055],"direction":[null,null,null,null,69.3534,-1.7966,-37.7815,0.0,-36.749,-32.5594,0.0,-50.6019,0.0,-37.6354,-36.8588,0.0,-33.1356,7.6946,-22.8494,-30.4567,-35.832,0.0,43.5563,57.2728,60.2715,60.8254,57.6532,47.0996,0.0,46.2823,-28.2143,-42.2193,0.0,-50.5293,-46.7879,5.9503,-48.1582,0.0,-16.7337,24.1767,-5.5082,-37.6987],"intensity":[null,null,null,null,75.0,80.0,83.3333,28.5714,12.5,22.2222,10.0,63.6364,33.3333,15.3846,42.8571,33.3333,50.0,52.9412,33.3333,73.6842,35.0,14.2857,90.9091,82.6087,79.1667,20.0,61.5385,25.9259,53.5714,75.8621,93.3333,74.1935,62.5,84.8485,5.8824,65.7143,75.0,54.0541,7.8947,84.6154,70.0,78.0488],"confirmation":[54.6667,28.1513,48.1832,39.1469,34.9001,52.4151,80.03,31.0137,74.5811,74.756,47.8366,87.2914,8.0424,74.5504,76.6476,3.2617,78.2066,52.4498,77.1274,75.2151,80.0262,5.3176,86.121,91.1609,82.4922,81.0865,54.7474,53.4889,5.5128,84.7573,85.4767,79.7764,27.3473,83.5239,28.478,52.5506,82.5908,29.6559,48.8384,84.4536,58.7351,93.3187],"persistence":[null,null,100.0,50.0,20.0,33.3333,42.8571,37.5,37.5,37.5,25.0,50.0,62.5,62.5,62.5,62.5,62.5,37.5,50.0,50.0,62.5,50.0,25.0,12.5,12.5,12.5,37.5,62.5,75.0,87.5,62.5,37.5,25.0,0.0,25.0,25.0,37.5,50.0,50.0,25.0,37.5,37.5],"assessmentRisk":[null,null,null,null,25.0415,21.0428,4.5492,48.0284,36.5603,24.1072,17.395,11.5864,30.0679,21.025,19.1077,13.8765,24.1874,1.9513,10.99,33.0666,23.9881,44.8327,20.9524,14.7738,26.8884,28.5294,33.8881,24.9131,19.0434,7.3169,21.7152,30.9496,40.0016,25.1277,33.2913,7.341,24.8384,14.0308,17.4903,2.8597,43.2508,1.2034],"volumeParticipation":true,"latest":{"consensus":-51.7,"control":-49.1,"force":-75.6,"direction":-37.7,"confirmation":93.3,"persistence":37.5,"assessmentRisk":1.2,"intensity":78.0,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-51.7","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-49.1","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-75.6","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-37.7","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"93/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"43.7","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"36.4%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"18.5","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"16%","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 downward.","series":[{"label":"Close","values":[15.1825,15.6125,14.7675,23.475,21.0275,16.6125,12.4675,14.3275,14.195,13.435,13.555,10.4175,11.8225,11.0475,10.99,11.3875,9.6738,11.4275,10.035,9.4062,8.0087,8.765,14.74,18.085,19.43,20.025,20.16,20.1725,18.5825,21.7275,14.8475,12.8125,15.2925,11.07,11.005,13.765,10.525,11.755,11.655,15.5875,12.175,9.8262],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,17.4711,17.315,16.4337,16.0507,15.7133,15.2991,14.982,14.1521,13.7285,13.2411,12.8318,12.5692,12.0427,11.9309,11.5862,11.1898,10.6114,10.2757,11.0874,12.3597,13.6452,14.8052,15.7788,16.5776,16.9422,17.8122,17.2732,16.4621,16.2495,15.3078,14.5254,14.3872,13.685,13.3341,13.0288,13.494,13.2542,12.6309],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,14.7795,14.5031,14.2428,14.0313,13.7085,13.5396,13.28,12.993,12.6238,12.338,12.5159,12.9284,13.41,13.9,14.3637,14.794,15.0746,15.5674,15.5141,15.314,15.3124,14.9982,14.7024,14.6329,14.3286,14.138,13.9541,14.0751,13.9343,13.63],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,22.7089,22.3388,22.3058,22.0316,21.8161,21.5931,21.3461,21.2175,20.9772,20.8057,20.6671,20.6561,20.4634,20.4606,18.9474,18.4694,19.2631,20.41,21.3204,21.8567,23.0018,23.072,23.0592,23.179,23.1784,23.1781,23.1988,23.1558,23.1501,23.091,23.0664,22.757,22.6462],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,9.5116,9.4171,8.54,8.2603,7.8903,7.5982,7.4442,7.0174,6.9588,6.7163,6.4194,5.713,5.221,5.221,6.1953,6.5135,6.0611,5.6834,5.3575,5.2599,4.9441,5.0031,5.2555,5.4826,5.4854,5.4873,5.7044,5.8325,5.8709,6.092,6.7347,7.4608,7.6777],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,46.1726,69.647,63.9045,146.4495,225.6587,265.0621,72.2268,93.4787,8.221,28.3361,54.5355,52.8179,27.0809,19.9116,15.8115,25.6868,120.3039,51.0987,22.5065,34.3831,32.345,37.263,47.7387,169.3233,49.2368,6.1899,17.8118,4.1907,30.3181,116.9073,232.6437,95.6675,185.1744,219.7022,306.8194],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,67.7719,65.0,65.0,72.5087,65.0,80.3537,76.2575,70.9806,71.4179,69.9752,72.6795,70.1272,68.867,67.9415,68.6766,69.8678,75.6334,78.108,79.0902,80.3288,81.4785,80.1868,81.8162,76.102,74.6829,74.8142,74.4699,74.3998,74.908,72.916,77.046,75.3906,78.7932,74.3721,67.2122],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[0.0,0.0,-5.4123,0.0,-10.426,-29.2332,-46.8903,-38.967,-39.5314,-42.7689,-42.2577,-55.623,-49.6379,-52.9393,-53.1842,-51.4909,-58.7913,-51.3206,-57.2524,-59.9308,-65.8839,-62.6624,-37.2098,-22.9606,-17.2311,-14.6965,-14.1214,-14.0682,-20.8413,-7.4441,-36.7519,-45.4207,-34.8562,-52.8435,-53.1203,-41.3632,-55.1651,-49.9255,-50.3514,-33.5996,-48.1363,-58.1416],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,14.9188,13.856,7.7602,8.7227,0.0,13.4869,6.0475,5.4956,9.3113,0.0,18.129,3.7343,0.0,0.0,9.4428,84.0487,125.8155,142.6096,150.039,151.7247,151.8808,132.0275,171.297,85.391,59.9813,90.9474,38.2238,37.4122,71.8745,31.4188,46.777,45.5283,94.6309,52.0212,22.6939],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,23.4543,22.4732,16.8456,17.7342,3.6028,13.1089,12.0174,11.6459,14.2142,5.5372,16.7715,8.0163,4.603,0.1873,8.5155,42.8941,62.1404,69.8792,73.3026,74.0794,74.1513,65.0029,83.0984,43.5127,35.1734,50.9545,24.0853,23.6717,41.2345,20.6172,28.4442,27.8078,52.8317,31.1168,16.1709],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-41.9116,-42.4488,-45.5301,-45.0436,-57.764,-52.0677,-55.2098,-55.4429,-53.8313,-60.7794,-53.6692,-59.3148,-61.864,-67.5299,-64.4638,-40.2392,-26.6775,-21.2244,-18.8121,-18.2648,-18.2141,-24.6605,-11.9096,-39.8034,-44.2935,-33.5109,-51.8696,-52.1522,-40.1522,-54.2391,-48.8913,-49.3261,-32.2283,-47.0652,-57.2772],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,28.3826,27.1953,20.3853,21.4606,5.3869,19.6004,20.2449,19.619,23.9456,9.9915,30.4509,14.5548,8.4919,0.3917,20.3157,102.3336,148.2498,166.7124,174.8799,176.733,176.9046,155.0789,198.2498,103.8092,75.8751,109.9176,51.9561,51.0638,88.9499,44.4749,61.359,59.9863,113.9671,67.1242,34.8833],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,-0.7778,-0.9558,-1.089,-1.1493,-1.3201,-1.2989,-1.3787,-1.4756,-1.6462,-1.7007,-1.2475,-0.6113,0.0014,0.5289,0.9469,1.2646,1.3722,1.6918,1.3741,0.9472,0.7998,0.3383,-0.0323,-0.1021,-0.4141,-0.5557,-0.6683,-0.4352,-0.5198,-0.7675],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-1.0038,-1.0628,-1.126,-1.1959,-1.2859,-1.3689,-1.3446,-1.198,-0.9581,-0.6607,-0.3392,-0.0184,0.2597,0.5461,0.7117,0.7588,0.767,0.6813,0.5386,0.4104,0.2455,0.0853,-0.0654,-0.1394,-0.2155,-0.3259],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.3163,-0.2362,-0.2527,-0.2797,-0.3602,-0.3318,0.0971,0.5867,0.9595,1.1896,1.2861,1.283,1.1125,1.1457,0.6624,0.1884,0.0328,-0.343,-0.5708,-0.5125,-0.6596,-0.641,-0.6028,-0.2958,-0.3043,-0.4417],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,40.1654,39.0352,36.1829,41.4647,34.5473,38.7626,39.5199,44.9089,39.462,24.6971,20.5437,19.5498,18.9712,18.6922,18.9025,20.0901,17.407,27.0729,30.5716,25.0886,35.0685,33.1259,26.0426,34.3175,30.133,29.3193,22.7738,29.4739,36.3784],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,81.9187,81.3811,89.2556,90.9237,93.756,95.8839,96.574,100.5856,100.3608,102.3869,105.2021,113.3377,118.6899,118.6811,101.4382,95.7122,104.2643,112.8758,119.6714,122.4105,129.2332,128.7181,125.7563,123.4845,123.4516,123.4293,121.0556,119.5197,119.0811,116.4995,109.6042,101.2398,98.7246],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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/3f3de52a-4688-4e7f-b23a-d11289ee6ce8/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/3f3de52a-4688-4e7f-b23a-d11289ee6ce8/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/3f3de52a-4688-4e7f-b23a-d11289ee6ce8/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/3f3de52a-4688-4e7f-b23a-d11289ee6ce8/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/3f3de52a-4688-4e7f-b23a-d11289ee6ce8/technical-pack/data.json"},"source_fingerprint":"4a4b47f1d935542c9eb48f641a2fced7e10c1f5e9602e0ff04923e10115d7cfc","content_hash":"c357debeeafb083e66cc954e20352fdc803998ee2660451d73abfe7405873016","citation":"Sharemaestro, AVG3 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/3f3de52a-4688-4e7f-b23a-d11289ee6ce8/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."}