{"schema_version":"1.0","name":"URA3 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"4e0e3261-fd63-45d7-be46-470c41bfebd0","symbol":"URA3","name":"Leverage Shares 3x Long Uranium ETP","exchange":"LSE","country":"GB","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","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, Completed returns and cumulative progression, Range expansion and closing direction, Drawdown and recovery pressure, Activity pressure and cumulative balance, Range pressure and compression."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":21,"displayedObservations":21,"assetType":"ETF","state":"Aligned downward","stateTone":"negative","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","evidenceAlignment":{"status":"Evidence developing","headline":"Price structure is visible; Market Dynamics is not yet established","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","take":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","tone":"neutral","conflict":false},"marketDynamics":{"available":true,"readAvailable":false,"dates":["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"],"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],"opens":[7.01112,7.88125,9.2275,11.885,12.195,11.44,11.42,8.11,8.09,7.8175,5.6175,5.9775,4.772,4.626,4.383,3.218,3.236,3.7,3.404,4.638,4.864],"highs":[8.89851,9.855,12.64,14.33,12.735,13.505,12.45,8.155,8.6,7.8175,5.6175,5.9775,4.894,4.966,4.506,3.218,3.983,3.791,4.7165,5.05,5.0275],"lows":[7.01112,7.88125,9.2275,11.85,10.345,11.29,8.5575,6.6375,7.6825,6.3425,5.5525,5.9775,4.772,4.594,4.351,3.094,3.194,2.9235,3.331,4.638,4.208],"closes":[8.69904,10.1325,12.9625,12.345,11.64,11.46,8.32875,7.70125,8.19375,6.3425,5.58,5.9775,4.878,4.9195,4.4555,3.159,3.6075,3.143,4.7165,4.881,4.832],"hoverRows":[[{"label":"Open","value":"7.01","className":"is-ohlc","compact":true},{"label":"High","value":"8.90","className":"is-ohlc","compact":true},{"label":"Low","value":"7.01","className":"is-ohlc","compact":true},{"label":"Close","value":"8.70","className":"is-ohlc","compact":true},{"label":"Market 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Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"3.70","className":"is-ohlc","compact":true},{"label":"High","value":"3.79","className":"is-ohlc","compact":true},{"label":"Low","value":"2.92","className":"is-ohlc","compact":true},{"label":"Close","value":"3.14","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"3.40","className":"is-ohlc","compact":true},{"label":"High","value":"4.72","className":"is-ohlc","compact":true},{"label":"Low","value":"3.33","className":"is-ohlc","compact":true},{"label":"Close","value":"4.72","className":"is-ohlc","compact":true},{"label":"Market 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Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[2.55383,13.55167],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"steady","fourWeekDirection":"steady","now":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"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":"Zone progression","detail":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","tone":"neutral"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","annotations":[{"label":"Current tape relationship","value":"Zone progression","detail":"Market Dynamics remains positive and was little changed this week.","tone":"neutral"},{"label":"Price location","value":"Between zones","detail":"Price is progressing between the lower and upper positioning zones while the Market Dynamics read develops.","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":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":false,"observations":21,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-04-17","price":12.9625}],"reversal_dangers":[{"date":"2026-04-24","price":12.345}]}},"smTape":{"available":true,"dates":["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":[8.699,10.1325,12.9625,12.345,11.64,11.46,8.3287,7.7012,8.1937,6.3425,5.58,5.9775,4.878,4.9195,4.4555,3.159,3.6075,3.143,4.7165,4.881,4.832],"consensus":[78.8629,100.0,100.0,-60.0806,42.2563,12.2673,-53.4682,-40.3006,-17.3474,-67.9103,-46.3796,-30.1901,-39.3855,-24.5474,-35.0898,-61.6357,-24.3132,-49.2141,25.4206,0.0,-2.4532],"supportDates":["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,1.0049,-50.8795,-24.3144,-9.8313,-69.0883,-42.3477,-22.9776,-26.1538,-11.1243,-28.6046,-47.4675,-20.4638,-51.9547,26.3922,0.0,-2.9265],"force":[78.8629,100.0,100.0,-60.0806,0.6439,5.6931,-53.6833,-37.9802,-16.9979,-65.8422,-22.5097,-1.2013,-17.0474,-5.3458,-10.0441,-66.4941,-9.3702,-33.8775,82.329,0.0,-11.576],"direction":[null,null,null,null,72.8993,37.9673,-56.273,-60.228,-50.4696,-68.0411,-68.0374,-59.1393,-70.4632,-61.2404,-60.3912,-74.3577,-52.772,-57.0367,16.3388,0.0,-2.0851],"intensity":[null,null,null,null,50.0,20.0,100.0,100.0,25.0,55.5556,60.0,9.0909,33.3333,7.6923,21.4286,46.6667,25.0,23.5294,61.1111,52.6316,15.0],"confirmation":[47.9028,54.6667,54.6667,41.8925,34.4336,27.431,85.1558,81.0691,30.9119,89.6503,82.1754,54.2206,80.1242,53.6224,78.5643,88.0874,31.478,83.2393,36.0064,25.3497,24.436],"persistence":[null,null,100.0,50.0,60.0,66.6667,42.8571,25.0,0.0,25.0,50.0,50.0,75.0,100.0,100.0,100.0,100.0,100.0,75.0,62.5,50.0],"assessmentRisk":[null,null,null,null,27.0197,31.2051,22.585,29.381,39.8717,15.8499,23.9234,25.7179,29.2539,26.0596,17.1451,18.9503,30.8249,22.7527,1.5271,45.6585,43.1477],"volumeParticipation":true,"latest":{"consensus":-2.5,"control":-2.9,"force":-11.6,"direction":-2.1,"confirmation":24.4,"persistence":50.0,"assessmentRisk":43.1,"intensity":15.0,"evidenceDepth":81},"analysis":{"status":"Price structure has the available support","headline":"The gauges support the price-technical view","summary":"Market Dynamics does not provide a directional confirmation. The completed evidence supports the downward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Broadly stable","directionState":"Follow-through is limited","persistenceState":"Developing","confirmationState":"Limited support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-2.5","detail":"Price structure has the available support","tone":"negative"},{"label":"SM Control Gauge","value":"-2.9","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-11.6","detail":"Commitment is limited","tone":"negative"},{"label":"SM Direction Gauge","value":"-2.1","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"24/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"60.4","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"28.7%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"17%","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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