{"schema_version":"1.0","name":"PGHH Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"40eb3413-bf04-4fbb-b66e-a1c11ce5faf9","symbol":"PGHH","name":"Procter & Gamble Hygiene and Health Care Limited","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Consumer Defensive","industry":"Household & Personal Products"},"summary":"Price structure and the underlying tape currently reinforce the same downside read.","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 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elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Evidence aligned downward","tone":"negative","headline":"Price and Market Dynamics remain aligned downward","use":"The downside remains supported until Market Dynamics repairs or price structure changes.","confirm":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"accumulation","zoneContext":"Price is within accumulation conditions, but the completed tape has not yet confirmed a recovery. The zone is a watch area rather than a directional signal.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":75.0,"averageReturn":-4.0,"sample":24},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Capital protection","title":"Treat agreement on the downside as a defensive condition","tone":"negative","approach":"Reduce the burden of proof for risk control and raise it for new long exposure. A short position still needs a defined entry, exit and maximum loss.","finding":"In this ticker's completed record, 75.0% of comparable cases moved lower after 12 weeks, with an average move of -4.0% across 24 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 1.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 7.8% across 22 completed cases, with the largest move arriving after 8.2 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[16517.3301,15943.4951,15600.1309,16075.3594,15942.5791,15843.9707,16173.2422,16058.0312,15491.29,15373.4248,15694.2979,15013.8428,15159.4131,15413.1719,15433.5186,15417.5898,15280.8936,14679.4297,14148.1357,14261.0859,14338.54,14328.8281,14197.5693,14082.9688,14059.5137,13459.3135,13427.9395,13255.998,13217.2334,13111.4648,13567.1865,13313.5078,13688.1777,13398.2305,13855.1748,13920.7607,13846.3652,13639.8193,14046.0586,13827.7666,13297.209,13214.9834,13162.123,13131.7773,12940.8936,13068.1494,12915.4434,13027.0361,12720.6445,13403.9082,12943.8311,12987.8809,13026.0576,12873.5127,13274.8867,12983.6934,13554.2754,13426.3867,14104.1982,14059.9297,13534.6006,13331.9453,13134.209,12960.083,12824.3242,12641.3447,12548.8711,12382.6152,12566.5781,12548.8711,12739.7207,12645.2793,12325.5566,12047.1523,11959.5967,11574.9463,11896.0,11694.0,11501.0,11351.0,10885.0,10522.0,9707.0,9138.0,9757.0,9788.0,10005.0,10300.0,10146.5,9937.0,9706.0,9585.0,9651.0,9400.0,8993.5,9274.5,9020.5,8902.0,8940.0,8720.5,8974.5,8594.0,8497.0,8426.5],"consensus":[11.6684,-39.3469,-44.3108,17.4235,-22.441,-20.0252,28.273,-8.7713,-45.7808,-29.6054,0.0,-59.0692,0.0,0.0,0.0,0.0,-16.7884,-53.2466,-57.8652,-28.954,-22.3294,-19.4259,-27.0018,-15.8262,-27.6418,-64.2074,-35.9536,-44.4979,-32.2054,-34.3231,18.2364,-21.5807,25.2204,-13.4403,28.2918,16.7255,0.0,-10.5873,35.2048,-12.7743,-44.5414,-28.4848,-26.708,-21.0564,-39.4901,0.0,-33.2921,0.0,-45.7971,38.5109,-36.9847,0.0,0.0,-28.2593,38.2741,-26.3511,50.5884,12.7125,66.1295,31.6145,-18.2033,-18.5843,-32.6866,-34.1761,-33.6461,-43.0053,-41.8607,-49.8809,0.0,-22.9872,8.1758,-12.7209,-45.5694,-54.3042,-35.1559,-66.1635,0.0,-42.2883,-47.2378,-46.0043,-71.8363,-74.8505,-84.5834,-81.2657,0.0,-33.9644,0.0,13.7364,-24.8587,-34.3133,-43.4528,-39.6917,-25.1356,-44.5303,-52.685,0.0,-39.1262,-39.3037,-23.7482,-54.664,8.6401,-57.7828,-44.4647,-42.4157],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[0.0,-27.8999,30.5944,-34.6314,42.7455,7.1938,60.7439,25.9744,-26.6456,-25.2494,-32.2874,-32.3728,-30.2144,-46.7387,-45.9119,-54.1969,0.0,-26.4315,7.2539,-18.7533,-50.5669,-61.4294,-29.7447,-61.7488,0.0,-40.4669,-50.2995,-53.1398,-70.7976,-75.3695,-87.9359,-81.0989,0.0,-29.1434,0.0,4.3634,-40.5588,-45.4679,-50.3373,-38.7147,-23.8855,-51.7795,-60.9232,0.0,-39.9659,-42.9462,-29.8692,-61.2678,7.8859,-56.836,-48.7844,-51.0993],"force":[0.0,-31.0033,73.4619,-42.5917,79.5001,5.9047,89.9689,9.1028,-44.215,-27.1861,-36.1612,-31.3637,-29.8487,-33.3192,-28.7219,-43.0732,0.0,-11.6034,24.8006,-15.3616,-50.2303,-48.5237,-18.3939,-81.8394,0.0,-40.2905,-36.8589,-33.5155,-85.968,-85.9514,-96.7277,-89.814,0.0,-3.0605,0.0,48.805,-19.9285,-34.6677,-36.24,-28.8286,-6.553,-31.4374,-38.0883,0.0,-23.5061,-20.1367,-1.5047,-49.8611,55.779,-79.459,-33.8088,-26.4687],"direction":[0.0,-26.7101,21.9168,-5.2875,38.9006,32.3176,55.2564,54.1402,-10.0249,-4.8228,-30.6612,-38.2459,-40.2804,-45.6574,-46.6156,-49.811,0.0,-27.182,2.6455,-3.9406,-36.5287,-50.2901,-53.313,-60.0119,0.0,-45.7969,-51.1523,-46.77,-62.9293,-66.3281,-72.0775,-75.3505,0.0,-61.5483,0.0,0.6005,-10.4372,-21.312,-40.7368,-48.5676,-39.8375,-45.5976,-53.696,0.0,-49.3238,-48.8315,-32.6409,-50.5474,24.1685,-43.382,-47.1394,-43.8823],"intensity":[32.6923,38.4615,61.5385,48.0769,76.9231,34.6154,86.5385,65.3846,71.1538,50.0,55.7692,42.3077,21.1538,40.3846,15.3846,23.0769,25.0,48.0769,28.8462,5.7692,63.4615,78.8462,65.3846,67.3077,61.5385,34.6154,57.6923,19.2308,78.8462,69.2308,94.2308,96.1538,88.4615,82.6923,34.6154,75.0,30.7692,46.1538,61.5385,28.8462,84.6154,94.2308,73.0769,42.3077,63.4615,11.5385,1.9231,30.7692,36.5385,65.3846,55.7692,7.6923],"confirmation":[24.8443,77.1321,81.4371,54.1345,85.1889,27.5111,89.9701,77.5165,31.2945,51.4409,78.5717,78.8781,78.7033,81.4096,80.9333,83.6887,7.3461,74.9565,26.368,49.3926,82.6481,85.0926,78.8215,89.7173,9.7901,81.4991,82.7531,82.232,91.4341,92.2826,95.3857,94.2681,15.1941,55.3336,8.2376,28.402,75.5653,78.8211,81.5802,80.3852,52.8294,81.7402,84.2888,7.6225,80.0316,79.9375,52.1616,85.2455,9.3689,87.1655,81.8381,88.9547],"persistence":[25.0,37.5,12.5,25.0,0.0,0.0,25.0,37.5,25.0,25.0,0.0,0.0,25.0,50.0,75.0,100.0,87.5,87.5,62.5,62.5,62.5,62.5,62.5,62.5,62.5,62.5,87.5,87.5,87.5,87.5,87.5,87.5,87.5,87.5,75.0,50.0,50.0,50.0,50.0,50.0,62.5,62.5,75.0,87.5,87.5,87.5,87.5,87.5,62.5,62.5,62.5,75.0],"assessmentRisk":[41.1734,34.1874,21.976,12.466,20.6689,40.2373,15.79,33.9056,6.6586,2.4,33.2353,32.7704,31.7209,26.8131,26.0231,22.5268,32.3637,5.3148,26.0855,51.7256,20.7164,22.7305,32.4196,16.918,47.0755,25.9179,25.318,17.0793,14.0689,12.5727,7.7081,9.3671,48.1734,31.3957,31.2433,42.8673,50.7607,36.5246,12.0062,28.2071,31.038,22.9718,21.7627,35.1494,29.3193,29.3717,0.2699,22.2446,15.787,16.0282,26.351,23.3405],"volumeParticipation":true,"latest":{"consensus":-42.4,"control":-51.1,"force":-26.5,"direction":-43.9,"confirmation":89.0,"persistence":75.0,"assessmentRisk":23.3,"intensity":7.7,"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 easing","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Strong support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-42.4","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-51.1","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-26.5","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-43.9","detail":"Downward 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