{"schema_version":"1.0","name":"9406 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"4756f307-07ac-4952-b7da-eef7b7ee54c4","symbol":"9406","name":"Ping An of China Trust - Ping An Technology Select ETF","exchange":"HKG","country":"HK","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. The broader path has not changed enough to establish a new direction. Price structure remains rotational.","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, Drawdown and recovery pressure, Directional strength and control, Range pressure and compression, Acceleration, deceleration and rollover, Range position and boundary 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":46,"displayedObservations":46,"assetType":"ETF","state":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. The broader path has not changed enough to establish a new direction. Price structure remains rotational.","evidenceAlignment":{"status":"Positive support; price rotational","headline":"Market Dynamics is positive while price has no clear direction","summary":"Market Dynamics strengthened this week and remains positive. The broader path has not changed enough to establish a new direction. Price structure remains rotational.","take":"The underlying condition is constructive, but a positive price response is still required.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"values":[0.072293,0.13285,0.30335,0.440745,0.603828,0.744948,0.799068,0.78273,0.759405,0.643669,0.582083,0.597778,0.544695,0.522007,0.462762,0.448535,0.467893,0.518635],"opens":[1.944,1.932,1.952,2.016,1.974,1.988,1.992,1.906,1.958,1.824,1.866,1.92,1.874,1.904,1.882,1.924,1.99,1.97],"highs":[1.948,1.932,2.012,2.016,1.974,1.99,1.992,1.906,1.958,1.824,1.866,1.92,1.874,1.928,1.898,1.99,1.99,1.97],"lows":[1.922,1.914,1.948,1.994,1.95,1.988,1.992,1.906,1.92,1.824,1.866,1.92,1.874,1.866,1.87,1.924,1.954,1.926],"closes":[1.922,1.916,2.012,1.994,1.972,1.99,1.992,1.906,1.92,1.824,1.866,1.92,1.874,1.866,1.898,1.966,1.954,1.938],"hoverRows":[[{"label":"Open","value":"1.94","className":"is-ohlc","compact":true},{"label":"High","value":"1.95","className":"is-ohlc","compact":true},{"label":"Low","value":"1.92","className":"is-ohlc","compact":true},{"label":"Close","value":"1.92","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.07","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.93","className":"is-ohlc","compact":true},{"label":"High","value":"1.93","className":"is-ohlc","compact":true},{"label":"Low","value":"1.91","className":"is-ohlc","compact":true},{"label":"Close","value":"1.92","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.13","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.95","className":"is-ohlc","compact":true},{"label":"High","value":"2.01","className":"is-ohlc","compact":true},{"label":"Low","value":"1.95","className":"is-ohlc","compact":true},{"label":"Close","value":"2.01","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.30","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"2.02","className":"is-ohlc","compact":true},{"label":"High","value":"2.02","className":"is-ohlc","compact":true},{"label":"Low","value":"1.99","className":"is-ohlc","compact":true},{"label":"Close","value":"1.99","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.44","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.97","className":"is-ohlc","compact":true},{"label":"High","value":"1.97","className":"is-ohlc","compact":true},{"label":"Low","value":"1.95","className":"is-ohlc","compact":true},{"label":"Close","value":"1.97","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.60","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.99","className":"is-ohlc","compact":true},{"label":"High","value":"1.99","className":"is-ohlc","compact":true},{"label":"Low","value":"1.99","className":"is-ohlc","compact":true},{"label":"Close","value":"1.99","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.74","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.99","className":"is-ohlc","compact":true},{"label":"High","value":"1.99","className":"is-ohlc","compact":true},{"label":"Low","value":"1.99","className":"is-ohlc","compact":true},{"label":"Close","value":"1.99","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.80","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.91","className":"is-ohlc","compact":true},{"label":"High","value":"1.91","className":"is-ohlc","compact":true},{"label":"Low","value":"1.91","className":"is-ohlc","compact":true},{"label":"Close","value":"1.91","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.78","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.96","className":"is-ohlc","compact":true},{"label":"High","value":"1.96","className":"is-ohlc","compact":true},{"label":"Low","value":"1.92","className":"is-ohlc","compact":true},{"label":"Close","value":"1.92","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.76","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.82","className":"is-ohlc","compact":true},{"label":"High","value":"1.82","className":"is-ohlc","compact":true},{"label":"Low","value":"1.82","className":"is-ohlc","compact":true},{"label":"Close","value":"1.82","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.64","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.87","className":"is-ohlc","compact":true},{"label":"High","value":"1.87","className":"is-ohlc","compact":true},{"label":"Low","value":"1.87","className":"is-ohlc","compact":true},{"label":"Close","value":"1.87","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.58","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.92","className":"is-ohlc","compact":true},{"label":"High","value":"1.92","className":"is-ohlc","compact":true},{"label":"Low","value":"1.92","className":"is-ohlc","compact":true},{"label":"Close","value":"1.92","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.60","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.87","className":"is-ohlc","compact":true},{"label":"High","value":"1.87","className":"is-ohlc","compact":true},{"label":"Low","value":"1.87","className":"is-ohlc","compact":true},{"label":"Close","value":"1.87","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":"1.90","className":"is-ohlc","compact":true},{"label":"High","value":"1.93","className":"is-ohlc","compact":true},{"label":"Low","value":"1.87","className":"is-ohlc","compact":true},{"label":"Close","value":"1.87","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.52","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.88","className":"is-ohlc","compact":true},{"label":"High","value":"1.90","className":"is-ohlc","compact":true},{"label":"Low","value":"1.87","className":"is-ohlc","compact":true},{"label":"Close","value":"1.90","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":"1.92","className":"is-ohlc","compact":true},{"label":"High","value":"1.99","className":"is-ohlc","compact":true},{"label":"Low","value":"1.92","className":"is-ohlc","compact":true},{"label":"Close","value":"1.97","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":"1.99","className":"is-ohlc","compact":true},{"label":"High","value":"1.99","className":"is-ohlc","compact":true},{"label":"Low","value":"1.95","className":"is-ohlc","compact":true},{"label":"Close","value":"1.95","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.47","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"1.97","className":"is-ohlc","compact":true},{"label":"High","value":"1.97","className":"is-ohlc","compact":true},{"label":"Low","value":"1.93","className":"is-ohlc","compact":true},{"label":"Close","value":"1.94","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}]],"pressureRange":[-2.3,2.3],"priceRange":[1.81272,2.02328],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.518635,"state":"Positive and broadly steady","context":{"scenario":"positiveSteady","latestDirection":"strengthening","fourWeekDirection":"steady","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"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":"Positive and broadly steady","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Positive and broadly steady","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"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":"Supported","detail":"The broader path has not changed enough to establish a new direction.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":18,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[2.21,2.074,16.799,2.18,2.118,2.14,1.978,2.056,2.082,2.07,2.014,2.034,2.064,2.058,2.108,2.072,2.078,1.956,1.97,1.942,1.932,1.836,1.866,1.828,1.788,1.778,1.848,1.94,1.922,1.916,2.012,1.994,1.972,1.99,1.992,1.906,1.92,1.824,1.866,1.92,1.874,1.866,1.898,1.966,1.954,1.938],"consensus":[-100.0,-100.0,100.0,-100.0,-33.0288,0.0,-48.9304,0.0,0.0,-17.0077,-18.849,-13.2609,0.0,-25.1599,0.0,0.0,-16.3615,-28.81,-24.6754,-26.1811,-25.8606,-30.5942,-8.1166,-28.0868,-19.9135,0.0,0.0,21.715,-12.1301,-8.2081,30.4464,-9.187,13.8811,21.8833,0.0,-14.4791,-18.4736,-25.9144,-8.7525,0.0,-12.1706,-17.3832,19.0508,25.2689,0.0,0.6263],"supportDates":["2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,null,null,null,null,0.0,-45.5058,0.0,0.0,-18.797,-23.2409,-14.5002,0.0,-34.4148,0.0,0.0,-23.5666,-37.9366,-32.533,-34.2747,-33.216,-39.5273,-6.9055,-35.7669,-22.2185,0.0,0.0,25.4521,-24.8414,-19.8641,33.2934,-19.3474,16.8729,26.5,0.0,-14.6975,-24.9358,-24.5412,-4.7008,0.0,-12.9586,-28.3457,22.876,25.8852,0.0,10.0331],"force":[-100.0,-100.0,100.0,-100.0,-19.7292,0.0,-43.4162,0.0,0.0,-3.2969,-6.8904,-0.31,0.0,-20.5791,0.0,0.0,-12.7837,-30.4756,-23.001,-25.8872,-26.0376,-31.0023,-2.6105,-29.0563,-14.6223,0.0,0.0,38.8953,-17.0503,-10.5336,43.3146,-20.8045,16.6969,27.517,0.0,-19.4408,-25.7209,-27.4307,-2.1758,0.0,-13.7987,-22.6399,33.1201,32.0602,0.0,10.2472],"direction":[null,null,null,null,-42.5284,0.0,-56.7829,0.0,0.0,-24.7563,-22.3715,-21.5381,0.0,-17.8548,0.0,0.0,-10.6827,-17.1897,-16.8912,-17.1411,-17.3281,-20.0933,-17.1631,-18.6169,-21.0585,0.0,0.0,5.1726,-5.9115,-6.7741,18.0012,-10.7232,8.4507,12.583,0.0,-10.6855,-5.9115,-26.4009,-18.0806,0.0,-10.1071,-1.0997,4.6297,19.7136,0.0,16.9964],"intensity":[null,null,null,null,25.0,20.0,66.6667,42.8571,25.0,11.1111,40.0,27.2727,25.0,15.3846,50.0,40.0,43.75,76.4706,33.3333,21.0526,5.0,76.1905,27.2727,47.8261,66.6667,56.0,80.7692,74.0741,67.8571,10.3448,76.6667,41.9355,40.625,39.3939,2.9412,74.2857,58.3333,89.1892,39.4737,58.9744,42.5,60.9756,23.8095,79.0698,20.4545,17.7778],"confirmation":[54.6667,54.6667,54.6667,54.6667,55.2946,5.4801,83.5419,5.8052,5.4414,50.3307,50.9336,49.2105,27.9888,75.7705,27.9113,3.7071,73.0169,77.1309,75.7254,76.2457,76.1687,77.6664,25.5124,76.9003,74.1759,27.2955,47.3933,52.7488,50.4323,49.2983,78.0916,28.0933,72.4822,75.104,1.0971,72.7812,51.3673,76.3598,25.3288,24.8455,71.9322,50.8891,51.8001,76.2836,28.8159,26.6429],"persistence":[null,null,33.3333,50.0,60.0,50.0,57.1429,50.0,37.5,37.5,62.5,62.5,50.0,62.5,50.0,50.0,62.5,62.5,62.5,62.5,75.0,75.0,87.5,100.0,100.0,87.5,75.0,50.0,50.0,50.0,25.0,25.0,0.0,12.5,12.5,12.5,12.5,12.5,37.5,25.0,50.0,75.0,62.5,37.5,25.0,12.5],"assessmentRisk":[null,null,null,null,16.071,2.3858,22.601,0.8107,0.6228,7.9979,9.6988,6.4546,1.3603,12.4757,2.7769,0.2283,19.8614,31.4543,36.2836,36.4258,36.9595,34.0871,44.5311,35.0936,39.8134,43.6826,13.158,37.2584,55.2154,53.3786,34.5628,42.8247,29.7452,33.1696,22.4348,39.583,29.5892,36.775,44.4472,9.1961,29.723,42.5403,17.9107,24.4221,48.6064,45.5699],"volumeParticipation":false,"latest":{"consensus":0.6,"control":10.0,"force":10.2,"direction":17.0,"confirmation":26.6,"persistence":12.5,"assessmentRisk":45.6,"intensity":17.8,"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":"Control support is limited","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+0.6","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+10.0","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+10.2","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+17.0","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"27/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"46.9","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"7.4%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"69.3","detail":"Directional","tone":"positive"},{"label":"Range position","value":"72%","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":[2.21,2.074,16.799,2.18,2.118,2.14,1.978,2.056,2.082,2.07,2.014,2.034,2.064,2.058,2.108,2.072,2.078,1.956,1.97,1.942,1.932,1.836,1.866,1.828,1.788,1.778,1.848,1.94,1.922,1.916,2.012,1.994,1.972,1.99,1.992,1.906,1.92,1.824,1.866,1.92,1.874,1.866,1.898,1.966,1.954,1.938],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,3.9509,3.6217,3.3228,3.0925,2.9088,2.7563,2.6213,2.5145,2.4326,2.3645,2.3179,2.2732,2.2377,2.1865,2.1471,2.1098,2.0775,2.0336,2.0031,1.9713,1.9379,1.9089,1.8978,1.9055,1.9085,1.9098,1.9284,1.9403,1.9461,1.9541,1.961,1.951,1.9453,1.9233,1.9129,1.9142,1.9069,1.8994,1.8992,1.9113,1.9191,1.9225],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,2.6293,2.587,2.5515,2.516,2.4835,2.4445,2.4093,2.3747,2.3419,2.3044,2.272,2.2391,2.2057,2.174,2.1498,2.1343,2.1186,2.1036,2.0968,2.0892,2.0805,2.0738,2.0677,2.0557,2.0457,2.0293,2.0172,2.01,1.9999,1.99,1.9832,1.9819,1.9798,1.9767],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,12.3905,11.886,11.4463,11.0595,10.715,10.4074,10.1284,9.8749,9.64,9.4244,9.2247,9.217,9.2113,2.2028,2.1911,2.1916,2.1826,2.1834,2.1741,2.1595,2.1455,2.1452,2.1405,2.1287,2.119,2.0978,2.0767,2.0515,2.0491,2.0421,2.0401,2.0371,2.0364,2.037,2.0421,2.0392,2.0289],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,-5.2491,-5.0276,-4.8205,-4.6258,-4.4468,-4.276,-4.1213,-3.9767,-3.8521,-3.7337,-3.6244,-3.6445,-3.6626,1.8526,1.8291,1.7956,1.7684,1.7546,1.7523,1.7509,1.7495,1.7496,1.7503,1.7529,1.7558,1.7654,1.7699,1.7793,1.7685,1.7651,1.7649,1.7621,1.7658,1.7684,1.7771,1.7966,1.8229],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"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,-6.1538,0.0,-87.023,-87.3921,-87.2611,-88.2255,-87.7612,-87.6064,-87.6778,-88.0112,-87.8921,-87.7136,-87.7493,-87.4516,-87.6659,-87.6302,-88.3564,-88.2731,-88.4398,-88.4993,-89.0708,-88.8922,-89.1184,-89.3565,-89.416,-88.9993,-88.4517,-88.5588,-88.5946,-88.0231,-88.1302,-88.2612,-88.1541,-88.1422,-88.6541,-88.5707,-89.1422,-88.8922,-88.5707,-88.8446,-88.8922,-88.7017,-88.2969,-88.3684,-88.4636],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,3.9434,5.2578,4.6512,1.82,2.8311,4.3478,4.0445,6.5723,4.7523,5.0556,0.0,0.7157,0.0,0.0,0.0,1.634,0.0,0.0,0.0,3.937,9.1114,8.099,7.7615,13.1609,12.1485,10.9111,11.9235,12.036,7.1991,7.9865,2.5872,4.9494,7.9865,5.3993,4.9494,6.7492,10.5737,9.8988,8.9989],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,87.3497,86.6676,86.0391,85.414,84.8886,84.4036,83.6845,83.0319,82.4278,81.2609,80.2517,78.6283,77.2009,75.9794,74.4873,73.2239,72.0507,71.1771,70.366,69.3377],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,45.9493,46.0325,45.8314,46.0317,45.5128,45.3504,45.2152,45.0397,44.5141,44.4703,44.0997,43.7203,43.3602,44.1228,44.8609,44.7909,44.6257,45.4289,45.2901,44.7984,45.0083,45.0396,43.883,44.8059,43.3872,44.2193,45.332,44.5174,45.5998,44.9645,47.2404,46.4312,45.4075],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,1.5892,1.5832,1.7867,1.7789,2.8121,2.8021,3.0918,3.194,4.3236,4.2966,4.4552,5.2771,5.7722,5.6945,5.6011,5.5733,5.7167,5.5981,5.5696,6.5946,6.5632,6.5595,8.9591,8.8117,11.6991,11.5272,11.2972,12.8912,12.5635,12.3885,11.8762,11.6727,12.8184],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,49.3373,44.896,42.5996,39.6145,39.5247,36.5712,34.5516,32.3754,32.0083,29.4279,28.1284,26.9352,25.3609,22.9666,20.6535,19.4545,18.1885,16.4243,15.4676,14.6824,13.575,12.5998,12.55,11.7621,11.8727,10.9373,10.0713,9.7568,9.3361,8.6435,8.0827,7.6831,7.3554],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,494.007,493.2257,491.0126,487.5975,483.7723,478.9625,474.425,469.6867,466.2172,462.4485,458.8719,461.6096,464.0297,17.2675,18.005,19.8612,20.9678,21.7794,21.4892,20.9025,20.3302,20.3176,20.0555,19.3613,18.7502,17.2113,15.9561,14.2063,14.6979,14.553,14.4678,14.4726,14.2327,14.1215,13.8722,12.6454,10.6994],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,-0.1219,-0.1487,-0.1641,-0.1771,-0.1848,-0.1984,-0.2057,-0.2114,-0.2142,-0.2216,-0.2225,-0.2236,-0.2252,-0.2247,-0.2161,-0.1996,-0.1858,-0.1734,-0.154,-0.1385,-0.1266,-0.1143,-0.1033,-0.1003,-0.0957,-0.0986,-0.0965,-0.0894,-0.0865,-0.0839,-0.0783,-0.0676,-0.0594,-0.0536],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.1514,-0.1608,-0.1698,-0.1781,-0.1853,-0.1926,-0.1986,-0.2036,-0.2079,-0.2113,-0.2122,-0.2097,-0.2049,-0.1986,-0.1897,-0.1795,-0.1689,-0.158,-0.147,-0.1377,-0.1293,-0.1231,-0.1178,-0.1121,-0.107,-0.1024,-0.0976,-0.0916,-0.0851,-0.0788],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.0333,-0.0376,-0.0359,-0.0332,-0.0288,-0.029,-0.0239,-0.0201,-0.0173,-0.0134,-0.0039,0.0101,0.0191,0.0252,0.0357,0.0409,0.0423,0.0437,0.0438,0.0374,0.0336,0.0245,0.0213,0.0227,0.0205,0.0185,0.0193,0.0239,0.0257,0.0252],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,0.5263,0.7017,0.6207,0.2429,0.3778,0.5803,0.5398,0.8771,0.6342,0.6747,0.0,0.0943,0.0,0.0,0.0,0.2005,0.0,0.1198,0.2788,0.7435,1.3543,40.2597,41.6667,68.3168,67.1875,61.4583,66.1458,66.6667,44.2708,47.9167,22.9167,33.8542,47.9167,35.9375,33.8542,55.8621,82.1429,77.8571,72.1429],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-87.7612,-87.6064,-87.6778,-88.0112,-87.8921,-87.7136,-87.7493,-87.4516,-87.6659,-87.6302,-88.3564,-88.2731,-88.4398,-88.4993,-89.0708,-88.8922,-89.1184,-89.3565,-89.416,-88.9993,-88.4517,-12.5569,-11.6236,-5.9813,-5.9434,-6.9811,-6.1321,-6.0377,-10.0943,-9.434,-13.9623,-11.9811,-9.434,-11.6038,-11.9811,-6.3179,-2.4802,-3.0754,-3.869],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,3.9434,5.2578,4.6512,1.82,2.8311,4.3478,4.0445,6.5723,4.7523,5.0556,0.0,0.7157,0.0,0.0,0.0,1.634,0.0,1.0169,2.4194,6.4516,11.7512,10.7143,10.3687,15.8986,14.8618,13.5945,14.6313,14.7465,9.7926,10.5991,5.0691,7.4885,10.5991,7.9493,7.4885,9.3318,13.2488,12.5576,11.6359],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/4756f307-07ac-4952-b7da-eef7b7ee54c4/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/4756f307-07ac-4952-b7da-eef7b7ee54c4/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/4756f307-07ac-4952-b7da-eef7b7ee54c4/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/4756f307-07ac-4952-b7da-eef7b7ee54c4/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/4756f307-07ac-4952-b7da-eef7b7ee54c4/technical-pack/data.json"},"source_fingerprint":"3cd25fb2f2936678582a55ceea14c66ea566e18ff7a1812190dda2752932bef9","content_hash":"27e0eb731af9c91e32d9f7b50ed87a91468baad8a75359ee03ef5e62c15e41f6","citation":"Sharemaestro, 9406 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/4756f307-07ac-4952-b7da-eef7b7ee54c4/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."}