{"schema_version":"1.0","name":"431A Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"403f2123-418d-401e-9cc9-4e67761db125","symbol":"431A","name":"USONAR CO LTD","exchange":"JPX","country":"JP","asset_type":"equity","currency":"JPY","sector":"Technology","industry":"Information Technology Services"},"summary":"Market Dynamics strengthened this week and remains positive. 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, Acceleration, deceleration and rollover, Drawdown and recovery pressure, Range position and boundary pressure, Range pressure and compression, Activity pressure and cumulative balance."},{"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":45,"displayedObservations":45,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","evidenceAlignment":{"status":"Unsupported elevation","headline":"Price remains elevated without full Market Dynamics support","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","take":"This is a downside warning, not a confirmed reversal. Stronger Market Dynamics would repair the gap; weaker price would begin to confirm it.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.208699,0.338842,0.516636,0.524877,0.571187,0.544091,0.462483,0.329749,0.082038,-0.046896,-0.078827,-0.100048,-0.059624,0.036016,0.083708,0.225792,0.335993],"opens":[2181.0,2084.0,2150.0,2161.0,2050.0,2095.0,2091.0,1840.0,1720.0,1907.0,2015.0,1947.0,1921.0,1874.0,2083.0,2050.0,2175.0],"highs":[2248.0,2177.0,2269.0,2161.0,2170.0,2154.0,2141.0,1863.0,1744.0,1978.0,2060.0,1957.0,1972.0,2086.0,2100.0,2200.0,2199.0],"lows":[2074.0,2070.0,1931.0,1922.0,1854.0,2082.0,1988.0,1795.0,1670.0,1890.0,2014.0,1918.0,1830.0,1874.0,1991.0,2015.0,2061.0],"closes":[2095.0,2120.0,2111.0,2029.0,2137.0,2084.0,2039.0,1820.0,1686.0,1940.0,2014.0,1920.0,1884.0,2033.0,2044.0,2161.0,2175.0],"hoverRows":[[{"label":"Open","value":"2,181","className":"is-ohlc","compact":true},{"label":"High","value":"2,248","className":"is-ohlc","compact":true},{"label":"Low","value":"2,074","className":"is-ohlc","compact":true},{"label":"Close","value":"2,095","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.21","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2,084","className":"is-ohlc","compact":true},{"label":"High","value":"2,177","className":"is-ohlc","compact":true},{"label":"Low","value":"2,070","className":"is-ohlc","compact":true},{"label":"Close","value":"2,120","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.34","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2,150","className":"is-ohlc","compact":true},{"label":"High","value":"2,269","className":"is-ohlc","compact":true},{"label":"Low","value":"1,931","className":"is-ohlc","compact":true},{"label":"Close","value":"2,111","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":"2,161","className":"is-ohlc","compact":true},{"label":"High","value":"2,161","className":"is-ohlc","compact":true},{"label":"Low","value":"1,922","className":"is-ohlc","compact":true},{"label":"Close","value":"2,029","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":"2,050","className":"is-ohlc","compact":true},{"label":"High","value":"2,170","className":"is-ohlc","compact":true},{"label":"Low","value":"1,854","className":"is-ohlc","compact":true},{"label":"Close","value":"2,137","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.57","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2,095","className":"is-ohlc","compact":true},{"label":"High","value":"2,154","className":"is-ohlc","compact":true},{"label":"Low","value":"2,082","className":"is-ohlc","compact":true},{"label":"Close","value":"2,084","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.54","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2,091","className":"is-ohlc","compact":true},{"label":"High","value":"2,141","className":"is-ohlc","compact":true},{"label":"Low","value":"1,988","className":"is-ohlc","compact":true},{"label":"Close","value":"2,039","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.46","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1,840","className":"is-ohlc","compact":true},{"label":"High","value":"1,863","className":"is-ohlc","compact":true},{"label":"Low","value":"1,795","className":"is-ohlc","compact":true},{"label":"Close","value":"1,820","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.33","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1,720","className":"is-ohlc","compact":true},{"label":"High","value":"1,744","className":"is-ohlc","compact":true},{"label":"Low","value":"1,670","className":"is-ohlc","compact":true},{"label":"Close","value":"1,686","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.08","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1,907","className":"is-ohlc","compact":true},{"label":"High","value":"1,978","className":"is-ohlc","compact":true},{"label":"Low","value":"1,890","className":"is-ohlc","compact":true},{"label":"Close","value":"1,940","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.05","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2,015","className":"is-ohlc","compact":true},{"label":"High","value":"2,060","className":"is-ohlc","compact":true},{"label":"Low","value":"2,014","className":"is-ohlc","compact":true},{"label":"Close","value":"2,014","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.08","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1,947","className":"is-ohlc","compact":true},{"label":"High","value":"1,957","className":"is-ohlc","compact":true},{"label":"Low","value":"1,918","className":"is-ohlc","compact":true},{"label":"Close","value":"1,920","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.10","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1,921","className":"is-ohlc","compact":true},{"label":"High","value":"1,972","className":"is-ohlc","compact":true},{"label":"Low","value":"1,830","className":"is-ohlc","compact":true},{"label":"Close","value":"1,884","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.06","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1,874","className":"is-ohlc","compact":true},{"label":"High","value":"2,086","className":"is-ohlc","compact":true},{"label":"Low","value":"1,874","className":"is-ohlc","compact":true},{"label":"Close","value":"2,033","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.04","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2,083","className":"is-ohlc","compact":true},{"label":"High","value":"2,100","className":"is-ohlc","compact":true},{"label":"Low","value":"1,991","className":"is-ohlc","compact":true},{"label":"Close","value":"2,044","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.08","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2,050","className":"is-ohlc","compact":true},{"label":"High","value":"2,200","className":"is-ohlc","compact":true},{"label":"Low","value":"2,015","className":"is-ohlc","compact":true},{"label":"Close","value":"2,161","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.23","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2,175","className":"is-ohlc","compact":true},{"label":"High","value":"2,199","className":"is-ohlc","compact":true},{"label":"Low","value":"2,061","className":"is-ohlc","compact":true},{"label":"Close","value":"2,175","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.34","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[1656.66,2204.34],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.335993,"state":"Price ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"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":"caution"},"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 strengthened this week and remains positive.","tone":"caution"},{"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":"caution"}],"relationshipEvidence":{"available":false,"observations":17,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-10-17","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":[2850.0,3225.0,2810.0,2895.0,3385.0,3000.0,3370.0,2679.0,2625.0,2580.0,2730.0,2578.0,2500.0,2363.0,2367.0,2031.0,1830.0,1770.0,1849.0,1834.0,1791.0,1788.0,1713.0,1827.0,1819.0,1907.0,1957.0,2185.0,2095.0,2120.0,2111.0,2029.0,2137.0,2084.0,2039.0,1820.0,1686.0,1940.0,2014.0,1920.0,1884.0,2033.0,2044.0,2161.0,2175.0],"consensus":[100.0,50.9269,-62.2642,-9.043,55.2168,-18.7495,40.2355,-45.9324,-21.909,-21.047,0.0,-26.0579,-23.8805,-34.6742,-20.8953,-60.1635,-54.8503,-46.9373,-26.5738,-21.4318,-21.7152,-18.273,-39.8229,0.0,0.0,8.4139,9.8295,47.0133,0.0,17.8345,10.4424,-15.0273,25.297,-10.3746,-10.0393,-37.4202,-45.804,0.0,0.0,-17.4135,0.0,33.0276,9.208,46.7433,33.0136],"supportDates":["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,-22.1598,40.8808,-47.5017,-10.3946,-14.0175,0.0,-30.6779,-25.6903,-36.5615,-12.201,-61.9978,-59.2671,-51.2497,-24.2924,-15.9178,-21.3471,-21.7696,-50.7188,0.0,0.0,8.3602,4.1982,47.6802,0.0,12.3259,3.7844,-14.4426,26.5392,-19.0321,-13.036,-43.3957,-51.711,0.0,0.0,-34.2428,0.0,33.412,7.7308,43.021,30.0171],"force":[100.0,50.9269,-62.2642,-9.043,40.8595,-29.7959,35.0463,-66.3218,-9.1241,-7.5231,0.0,-21.0099,-13.6939,-24.0897,-2.7565,-54.4545,-46.6839,-27.591,-3.9392,-1.5411,-5.0196,-1.8496,-24.2107,0.0,0.0,22.4338,15.7901,57.0772,0.0,10.8546,2.3396,-27.2069,33.1375,-19.1335,-15.0087,-32.6967,-33.6864,0.0,0.0,-19.6333,0.0,49.5676,1.0858,57.7586,21.456],"direction":[null,null,null,null,65.4721,-6.9617,43.2045,-29.5751,-44.2003,-38.7407,0.0,-24.3836,-29.0882,-40.0778,-43.7878,-62.1449,-55.6358,-55.8275,-50.9762,-41.941,-34.0612,-28.6502,-38.5221,0.0,0.0,1.5389,12.0078,39.0625,0.0,29.1155,23.8392,-6.9957,18.2771,-5.7762,-3.065,-33.965,-47.7084,0.0,0.0,-3.4057,0.0,20.774,16.6977,43.1291,44.6936],"intensity":[null,null,null,null,75.0,40.0,33.3333,100.0,87.5,11.1111,30.0,36.3636,41.6667,23.0769,7.1429,53.3333,50.0,29.4118,16.6667,36.8421,20.0,4.7619,18.1818,30.4348,8.3333,32.0,30.7692,66.6667,39.2857,13.7931,50.0,35.4839,37.5,72.7273,29.4118,77.1429,47.2222,75.6757,42.1053,30.7692,22.5,60.9756,40.4762,41.8605,2.2727],"confirmation":[54.6667,38.9633,42.5912,25.5604,62.3464,51.6179,80.7074,83.2959,74.7967,51.7633,28.5549,76.1143,75.3037,78.7444,51.5995,87.0504,85.2359,82.3646,53.7822,51.6693,51.779,50.9087,80.1015,29.353,26.072,48.7822,48.7462,83.3408,29.0337,73.5782,25.8627,50.5222,76.3151,50.0205,48.6517,79.7395,82.198,28.187,1.7929,51.4434,25.6497,79.067,25.3882,83.3503,78.2578],"persistence":[null,null,33.3333,0.0,20.0,0.0,14.2857,0.0,25.0,50.0,37.5,37.5,62.5,62.5,87.5,87.5,87.5,87.5,100.0,100.0,100.0,100.0,100.0,87.5,75.0,50.0,25.0,0.0,12.5,37.5,62.5,50.0,62.5,37.5,12.5,12.5,25.0,37.5,50.0,50.0,62.5,37.5,12.5,12.5,37.5],"assessmentRisk":[null,null,null,null,17.9191,17.466,25.4325,0.0481,36.7317,29.4446,45.1101,0.9188,5.7618,11.7814,31.1479,17.4478,21.4942,25.7136,35.3879,26.7478,5.1342,16.6477,20.8883,5.2381,15.9909,33.9132,43.5027,25.9612,49.4715,40.4007,42.4136,39.9034,9.345,13.8902,27.8892,29.1766,27.0695,43.794,8.4658,40.5839,50.1438,15.7015,7.5176,24.5192,32.6153],"volumeParticipation":true,"latest":{"consensus":33.0,"control":30.0,"force":21.5,"direction":44.7,"confirmation":78.3,"persistence":37.5,"assessmentRisk":32.6,"intensity":2.3,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the upward view","summary":"The completed evidence gives the upward view the clearer support.","take":"Current assessment: upward pressure has the stronger support.","tone":"positive","supportedView":"Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is strengthening","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+33.0","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+30.0","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+21.5","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+44.7","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"78/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"60.1","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"9.5%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"12.9","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"85%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price is rotating through its trend references.","series":[{"label":"Close","values":[2850.0,3225.0,2810.0,2895.0,3385.0,3000.0,3370.0,2679.0,2625.0,2580.0,2730.0,2578.0,2500.0,2363.0,2367.0,2031.0,1830.0,1770.0,1849.0,1834.0,1791.0,1788.0,1713.0,1827.0,1819.0,1907.0,1957.0,2185.0,2095.0,2120.0,2111.0,2029.0,2137.0,2084.0,2039.0,1820.0,1686.0,1940.0,2014.0,1920.0,1884.0,2033.0,2044.0,2161.0,2175.0],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,2986.4422,2988.9072,3058.1968,2989.252,2923.0243,2860.6563,2836.9006,2789.8277,2737.1318,2669.1078,2614.1791,2508.1466,2384.8472,2273.0568,2195.9556,2130.1455,2068.4826,2017.4858,1962.1247,1937.5566,1916.0009,1914.3643,1922.1163,1969.9133,1992.6564,2015.8097,2033.1171,2032.3685,2051.3924,2057.3211,2053.99,2011.4463,1952.2743,1950.0426,1961.6712,1954.0946,1941.3501,1958.0138,1973.6476,2007.7117,2038.1277],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,2825.4253,2791.1716,2759.7515,2705.7699,2640.898,2576.3871,2522.5065,2471.5061,2421.0982,2374.202,2325.2241,2288.3186,2253.5543,2227.8836,2207.8181,2206.1279,2197.8962,2192.1261,2186.1168,2174.4785,2171.7023,2165.2058,2155.8573,2130.9789,2098.0175,2086.3125,2080.9561,2069.0334,2055.3272,2053.6733,2052.9568,2060.96,2069.4074],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,3504.6379,3472.8444,3454.0895,3441.3071,3441.3552,3432.8607,3467.9006,3515.6711,3546.8032,3549.8506,3546.2228,3538.8932,3458.1096,3435.0123,3380.8398,3205.417,3096.8096,2851.7084,2782.361,2712.219,2646.4754,2529.3624,2433.3718,2356.1401,2302.8022,2234.4885,2226.1265,2235.6396,2235.4731,2242.7084,2242.9421,2240.29,2243.9683,2236.6873,2254.2009,2268.8678],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,2379.1621,2372.4283,2333.7438,2285.9237,2214.359,2161.406,2030.5994,1874.6819,1740.7524,1654.0441,1580.8772,1482.3068,1419.3904,1332.7877,1280.1602,1298.983,1298.2904,1402.0916,1422.039,1439.181,1458.9246,1514.1376,1555.2282,1596.1599,1621.5978,1657.1115,1644.3735,1620.4604,1637.6269,1646.8916,1655.2579,1667.21,1688.0317,1728.4127,1744.2991,1765.2322],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,-64.4947,-91.4611,-111.2272,-152.2493,-198.6883,-237.5943,-259.0665,-274.1337,-286.2447,-292.7106,-300.4236,-293.949,-286.1646,-269.7846,-249.8882,-213.2642,-189.3192,-166.4071,-147.2776,-137.153,-119.0423,-107.7243,-101.219,-112.4389,-130.6375,-123.1448,-109.968,-105.8896,-104.3594,-90.0852,-76.9976,-56.533,-38.7384],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-114.1173,-138.8127,-162.8634,-185.1175,-205.3429,-222.8165,-238.3379,-249.4601,-256.801,-259.3977,-257.4958,-248.6495,-236.7834,-222.7082,-207.6221,-193.5283,-178.6311,-164.4497,-151.8036,-143.9306,-141.272,-137.6466,-132.1109,-126.8666,-122.3652,-115.9092,-108.1269,-97.8081,-85.9942],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-84.571,-98.7816,-96.203,-89.0162,-80.9017,-69.8941,-62.0857,-44.4889,-29.3636,-10.3869,7.6076,35.3853,47.4643,56.3011,60.3445,56.3752,59.5888,56.7254,50.5845,31.4917,10.6345,14.5018,22.1429,20.977,18.0058,25.824,31.1293,41.2751,47.2558],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"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,-12.8682,-10.2326,0.0,-11.3737,-0.4431,-20.8567,-22.452,-23.7814,-19.3501,-23.8405,-26.1448,-30.192,-30.0739,-40.0,-45.938,-47.7105,-45.3767,-45.8198,-47.0901,-47.1787,-49.3944,-46.0266,-46.2629,-43.6632,-42.1861,-35.4505,-38.1093,-37.3708,-37.6366,-40.0591,-36.8685,-38.4343,-39.7637,-46.2334,-50.192,-42.6883,-40.5022,-43.2792,-44.3427,-39.9409,-39.616,-36.1595,-35.7459],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.0,0.0,0.0,5.814,0.0,0.0,0.0,0.1693,0.0,0.0,0.0,4.4633,3.6158,1.1864,1.0169,0.0,6.655,6.188,11.3252,14.244,27.554,22.3001,23.7595,23.2341,18.4472,24.7519,21.6579,19.0309,6.2464,0.0,15.0652,19.4543,13.879,11.7438,20.5813,21.2337,28.1732,29.0036],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,29.489,25.7597,22.6519,33.011,22.5138,17.1271,7.6657,8.069,1.4758,1.6824,1.0764,5.1256,4.893,6.8326,6.6862,3.0259,8.5896,8.1991,12.4939,14.9341,26.0615,21.6691,22.8892,22.45,20.8379,27.9471,38.2171,34.2454,14.9162,3.0891,29.9172,42.7562,34.5315,35.0376,61.8123,63.5922,82.5243,84.7896],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-27.5946,-29.0541,-30.2703,-26.2162,-30.3243,-32.4324,-36.1351,-36.027,-45.1081,-50.5405,-52.1622,-50.027,-50.4324,-51.5946,-51.6757,-53.7027,-50.6216,-50.8378,-48.4595,-47.1081,-40.9459,-43.3784,-42.7027,-42.9459,-41.443,-36.9617,-25.1437,-26.7601,-34.6264,-39.4397,-25.8693,-19.44,-20.9877,-18.6528,-10.4011,-9.9163,-4.7598,-4.1428],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,18.9609,16.5631,14.5648,21.2256,14.476,11.0124,4.929,5.2,1.2463,1.7798,1.2007,5.7176,5.5236,8.4797,8.298,3.7553,10.6602,10.1757,15.5058,18.5342,32.344,26.8928,28.407,27.8619,22.8952,29.4367,26.2265,23.5009,10.2362,2.1199,17.5045,21.9867,16.2932,14.1127,23.1375,23.8038,30.8904,31.7383],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,20.3778,19.4334,22.3003,24.102,23.926,22.2645,21.3457,21.1663,20.4464,20.3051,18.1943,17.3735,15.9124,14.8144,13.174,13.3518,12.6124,12.9051,13.309,12.79,12.4252,12.3283,13.7829,14.451,12.737,11.8183,11.8685,11.7697,10.8729,10.4228,9.7658,9.4631],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,38.2568,37.6515,38.7138,40.347,43.3896,45.4556,52.2798,60.8862,68.3133,72.8611,76.665,81.9161,83.5969,88.1843,90.1386,84.6476,81.842,68.1563,64.7095,61.3305,57.8531,50.2152,44.0327,38.4576,34.7164,29.673,30.0609,31.9068,30.8717,30.6364,30.1516,29.3323,28.2776,25.6374,25.5047,24.9689],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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,48.5927,39.6886,21.806,21.1811,11.9185,25.6828,25.3514,25.1718,31.0082,40.3606,27.8075,76.6633,64.657,78.1112,41.924,18.8631,32.7433,35.6154,34.4419,28.8759,62.3394,53.5089,15.6724,72.5536,59.8046,57.9703,8.0636,7.345,5.4731,8.3963,9.2152,15.1393,10.6615,56.1624,83.2488,56.3841,110.7414,107.7435],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,123.5206,119.2882,117.1487,119.0751,118.0715,116.035,114.134,115.9258,113.8156,111.1677,109.4176,114.1806,110.2369,106.299,104.8896,104.3287,105.2528,104.2843,105.1031,105.7541,107.0255,106.0206,106.3003,105.029,103.9797,104.9664,104.8363,104.7239,104.6458,104.5365,104.6489,104.7985,104.7137,104.3678,104.8416,105.1555,105.7541,106.3145],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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/403f2123-418d-401e-9cc9-4e67761db125/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/403f2123-418d-401e-9cc9-4e67761db125/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/403f2123-418d-401e-9cc9-4e67761db125/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/403f2123-418d-401e-9cc9-4e67761db125/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/403f2123-418d-401e-9cc9-4e67761db125/technical-pack/data.json"},"source_fingerprint":"fdfd925158101b19e319943bf4a84631de74c27c9e0cc42d4eaf41c47c2a5bd4","content_hash":"cfe118e7bd6092f98f472667ffb216c8519c6faf1215a28b10785fc8c0721edb","citation":"Sharemaestro, 431A Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/403f2123-418d-401e-9cc9-4e67761db125/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."}