{"schema_version":"1.0","name":"US100 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"4264907f-d55a-4239-ae25-abcc034288bd","symbol":"US100","name":"Franklin US Mega Cap 100 UCITS ETF USD Acc","exchange":"MIL","country":"IT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","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, Directional strength and control, Activity pressure and cumulative balance, Range position and boundary pressure, Range pressure and compression, Drawdown and recovery pressure."},{"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":43,"displayedObservations":43,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","evidenceAlignment":{"status":"Rollover warning","headline":"Price has moved below distribution as Market Dynamics weakened","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","take":"The prior extension has started to roll over. Further price weakness would confirm the downside transition; a recovery in both readings would remove the warning.","tone":"negative","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[1.082211,1.446181,1.466842,1.431839,1.267856,1.098937,0.888257,0.888904,0.975252,0.884849,0.822828,0.588629,0.378022,0.243394,0.142114],"opens":[29.075001,29.42,30.07,30.115,29.405001,30.25,29.535,30.165001,30.41,30.280001,30.129999,30.08,30.0,31.02,30.975],"highs":[29.815001,29.99,30.379999,30.264999,29.65,30.275,29.705,30.295,30.59,30.285,30.485001,30.110001,31.26,31.25,30.995001],"lows":[29.030001,29.365,29.950001,30.07,29.375,30.15,29.360001,30.15,30.195,29.950001,29.780001,29.195,29.955,30.9,30.125],"closes":[29.775,30.004999,30.23,30.07,29.645,30.235001,29.705,30.295,30.52,30.105,29.98,29.584999,30.99,30.950001,30.264999],"hoverRows":[[{"label":"Open","value":"29.1","className":"is-ohlc","compact":true},{"label":"High","value":"29.8","className":"is-ohlc","compact":true},{"label":"Low","value":"29.0","className":"is-ohlc","compact":true},{"label":"Close","value":"29.8","className":"is-ohlc","compact":true},{"label":"Market 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easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[29.500699,31.0743],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.142114,"state":"Positive but weakening over four weeks","context":{"scenario":"positiveWeakening","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted 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":"Distribution rollover","detail":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","annotations":[{"label":"Current tape relationship","value":"Distribution rollover","detail":"Market Dynamics eased this week but remains positive.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"7 Aug 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"positive"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":15,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[{"date":"2026-06-19","price":30.235001},{"date":"2026-08-07","price":30.99}],"reversal_warnings":[],"reversal_dangers":[{"date":"2026-05-15","price":29.775},{"date":"2026-08-07","price":30.99},{"date":"2026-08-14","price":30.950001}]}},"smTape":{"available":true,"dates":["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":[27.525,26.51,26.965,26.37,27.255,27.4,26.815,26.93,27.13,27.0,27.565,27.47,26.975,26.85,26.52,26.105,26.425,26.23,26.68,26.45,25.78,25.12,25.77,26.485,27.655,28.0,28.065,29.095,29.775,30.005,30.23,30.07,29.645,30.235,29.705,30.295,30.52,30.105,29.98,29.585,30.99,30.95,30.265],"consensus":[22.1558,-100.0,12.2808,-36.1834,0.0,25.2879,-32.3827,9.3007,13.6869,-25.4656,45.8736,18.1719,-23.7805,-9.9327,-38.1658,-53.8648,0.0,-37.0996,19.8746,0.0,-56.3602,-62.2173,11.447,25.4994,69.4697,59.9974,34.7938,76.7505,74.8758,68.5998,55.486,23.7111,29.9478,49.0464,17.7555,57.3652,49.8191,0.0,0.0,-27.0843,61.3151,21.9401,17.8685],"supportDates":["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,23.4196,-41.8137,7.1567,24.9769,-26.6586,46.0663,14.8887,-12.9949,-5.3782,-29.0529,-51.8198,0.0,-37.8379,25.8287,0.0,-58.6891,-67.8492,21.3643,33.1211,66.0628,66.3609,25.8122,82.3115,79.2463,71.2796,51.1277,6.6801,41.0161,55.8,31.131,69.7872,53.5945,0.0,0.0,-19.3681,65.8857,12.3074,22.9711],"force":[22.1558,-100.0,12.2808,-36.1834,0.0,23.8957,-32.8708,19.1777,20.4863,-33.789,53.9813,6.607,-50.7092,-1.1961,-36.0305,-46.1366,0.0,-34.8091,39.4322,0.0,-68.8126,-60.1517,69.8346,39.7039,96.5037,50.5837,13.1314,79.2988,71.369,57.8263,36.6286,13.4547,2.6372,30.888,10.9983,50.0484,29.8834,0.0,0.0,-58.57,73.6906,3.2529,63.4457],"direction":[null,null,null,null,0.0,28.4174,-21.2557,4.6961,4.0725,-18.157,39.8621,30.1848,-16.8723,-21.3783,-50.1057,-61.7223,0.0,-37.8918,0.8999,0.0,-44.804,-57.2564,41.5926,6.6429,54.0534,59.4489,60.5316,68.5749,72.3858,73.2326,73.9365,69.7219,40.5733,54.2982,23.0075,48.3948,59.7443,0.0,0.0,-13.4129,47.2519,50.9439,20.5182],"intensity":[null,null,null,null,75.0,20.0,50.0,14.2857,25.0,77.7778,50.0,9.0909,83.3333,15.3846,21.4286,46.6667,18.75,17.6471,33.3333,21.0526,85.0,80.9524,77.2727,95.6522,100.0,100.0,26.9231,92.5926,75.0,20.6897,56.6667,9.6774,75.0,81.8182,82.3529,82.8571,16.6667,29.7297,10.5263,53.8462,100.0,85.3659,76.1905],"confirmation":[29.7565,54.6667,26.5965,34.2454,27.7408,76.0782,78.2336,25.9766,50.6171,76.3845,82.9237,50.8459,76.5948,25.6483,80.2868,85.0324,29.2937,79.7908,52.3905,24.2999,86.3793,87.7608,36.8311,53.8099,91.1061,86.8153,78.6107,92.5531,91.7868,89.5828,85.2472,9.5847,54.3175,83.0385,29.6146,85.9446,83.277,6.1318,5.4703,77.7441,87.9283,52.4271,42.0731],"persistence":[null,null,33.3333,0.0,0.0,16.6667,0.0,12.5,12.5,12.5,12.5,37.5,25.0,0.0,0.0,25.0,37.5,37.5,37.5,50.0,50.0,50.0,25.0,0.0,12.5,37.5,37.5,50.0,75.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,87.5,75.0,50.0,50.0,50.0,25.0],"assessmentRisk":[null,null,null,null,19.9016,30.2683,5.1014,31.2039,17.3053,18.1148,20.6615,29.2305,2.3589,9.3689,30.0923,22.8976,42.3226,29.3244,11.492,42.4716,19.1583,18.6111,54.2268,8.8996,15.1371,19.9985,32.5808,11.6117,12.5049,15.6143,22.2178,35.0941,26.0152,3.7471,47.9028,7.5548,22.3874,17.1721,22.9274,31.45,4.2735,35.2382,32.4109],"volumeParticipation":true,"latest":{"consensus":17.9,"control":23.0,"force":63.4,"direction":20.5,"confirmation":42.1,"persistence":25.0,"assessmentRisk":32.4,"intensity":76.2,"evidenceDepth":100},"analysis":{"status":"Joint upward confirmation","headline":"The gauges support the upward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same upward assessment.","take":"Current assessment: upward pressure has broad support.","tone":"positive","supportedView":"Price structure and 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":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+17.9","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+23.0","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+63.4","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+20.5","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"42/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"53.8","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"2.4%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"31.0","detail":"Directional","tone":"positive"},{"label":"Range position","value":"84%","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 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US100 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/4264907f-d55a-4239-ae25-abcc034288bd/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."}