{"schema_version":"1.0","name":"BMW Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"4e1df0d9-b14f-4b4d-befb-bea48106692a","symbol":"BMW","name":"Bayerische Motoren Werke Aktiengesellschaft","exchange":"VIE","country":"AT","asset_type":"equity","currency":"EUR","sector":"Consumer Cyclical","industry":"Auto Manufacturers"},"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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cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":17,"completedEpisodes":17,"activeEpisodes":0,"medianExpectedMove":10.0,"averageExpectedMove":11.1,"averageWeeksToLargestMove":7.0,"horizons":[{"weeks":4,"sample":17,"expectedCount":8,"expectedPercent":47.1,"averageReturn":-1.2,"medianReturn":-1.5,"confidenceLow":26.2,"confidenceHigh":69.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":17,"expectedCount":8,"expectedPercent":47.1,"averageReturn":2.4,"medianReturn":-0.5,"confidenceLow":26.2,"confidenceHigh":69.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":17,"expectedCount":10,"expectedPercent":58.8,"averageReturn":3.6,"medianReturn":3.9,"confidenceLow":36.0,"confidenceHigh":78.4,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.0,"sample":17},{"week":2,"averageReturn":0.4,"sample":17},{"week":3,"averageReturn":0.1,"sample":17},{"week":4,"averageReturn":-1.2,"sample":17},{"week":5,"averageReturn":-0.7,"sample":17},{"week":6,"averageReturn":1.1,"sample":17},{"week":7,"averageReturn":0.9,"sample":17},{"week":8,"averageReturn":1.8,"sample":17},{"week":9,"averageReturn":1.5,"sample":17},{"week":10,"averageReturn":1.9,"sample":17},{"week":11,"averageReturn":3.2,"sample":17},{"week":12,"averageReturn":2.4,"sample":17},{"week":13,"averageReturn":1.2,"sample":17},{"week":14,"averageReturn":0.4,"sample":17},{"week":15,"averageReturn":1.1,"sample":17},{"week":16,"averageReturn":2.1,"sample":17},{"week":17,"averageReturn":2.3,"sample":17},{"week":18,"averageReturn":1.6,"sample":17},{"week":19,"averageReturn":1.0,"sample":17},{"week":20,"averageReturn":0.3,"sample":17},{"week":21,"averageReturn":2.0,"sample":17},{"week":22,"averageReturn":3.5,"sample":17},{"week":23,"averageReturn":3.1,"sample":17},{"week":24,"averageReturn":3.0,"sample":17},{"week":25,"averageReturn":3.1,"sample":17},{"week":26,"averageReturn":3.6,"sample":17}]}},"pricePressureGap":{"label":"Price 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":53.8,"averageReturn":-0.7,"sample":13},"nowContext":{"label":"Slightly easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"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, 53.8% of comparable cases moved lower after 12 weeks, with an average move of -0.7% across 13 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 improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 11.1% across 17 completed cases, with the largest move arriving after 7.0 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2025-05-30","price":74.158981}],"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":[75.6388,74.9039,70.1182,65.8882,66.2108,72.9144,69.6164,68.1466,67.0712,68.6485,65.4401,60.1705,60.8874,60.7261,62.7694,69.1862,72.5917,69.3116,69.8852,68.4334,69.473,69.0607,70.8173,70.7276,68.29,74.2407,74.2407,75.2982,74.886,73.237,70.9786,68.1107,60.9591,59.2384,63.0562,68.1824,67.0353,71.4087,72.4761,71.1525,74.159,72.6652,70.9067,67.9759,72.3816,73.5728,80.7202,78.9617,83.9157,77.9974,82.8001,85.0692,86.544,84.7099,83.5754,79.2264,78.5457,80.9282,81.6089,74.0455,75.8796,76.9196,76.3334,81.382,83.651,80.6257,83.3674,91.2144,90.8551,88.4727,87.3193,91.0064,87.2814,83.9725,82.63,82.3463,83.5754,84.1048,85.5986,84.5208,75.3313,76.844,71.6631,73.5161,74.8397,79.321,79.5857,74.9342,73.4972,76.8818,74.36,74.48,75.0,70.42,66.92,60.08,59.04,60.64,58.26,58.64,57.0,59.34,59.28,59.54],"consensus":[0.0,-28.0393,-64.028,-67.7435,-38.9033,28.1916,-36.5806,-36.0134,-33.3921,0.0,-60.0892,-77.0163,-22.6186,-44.8639,0.0,59.0349,65.1953,0.0,36.5954,-15.8605,0.0,0.0,35.1374,15.9212,-18.9907,67.2343,30.0325,33.7954,21.7087,-14.0892,-25.8653,-44.8118,-73.9259,-47.2557,0.0,36.6424,0.0,55.9805,17.6045,0.0,43.2266,0.0,-16.4438,-37.8503,34.3555,25.5068,74.6008,21.0033,77.0148,-14.7203,55.9832,55.1438,29.239,15.4527,0.0,-41.9097,-24.1421,17.7289,0.0,-60.1041,0.0,0.0,-33.7369,54.2062,49.9152,0.0,47.393,75.5377,34.3962,0.0,0.0,50.5919,-24.8424,-40.8014,-21.7934,-24.9222,0.0,0.0,23.439,0.0,-75.799,-10.7723,-69.9787,-17.6777,-8.7627,38.1687,18.2039,-44.0493,-35.3855,15.169,-44.2603,-10.1837,-12.7501,-50.0758,-63.412,-67.7389,-55.175,-30.9765,-57.8504,-21.3188,-53.7104,0.0,-26.2473,-14.9094],"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":[25.6963,1.5378,0.0,-35.8627,-20.1398,29.166,0.0,-51.3319,0.0,0.0,-33.7336,48.6887,43.2185,0.0,49.4557,76.2441,33.2378,0.0,0.0,68.858,-16.5732,-39.3774,-11.4596,-17.4824,0.0,0.0,20.3457,0.0,-75.112,-1.9505,-79.3342,-2.3585,-2.9337,36.5021,14.2995,-56.5839,-39.4061,23.6282,-45.1713,-9.4274,-23.0583,-55.6956,-70.9398,-78.159,-55.469,-24.7741,-60.933,-16.3034,-57.7919,0.0,-36.1758,-20.4106],"force":[4.2742,14.476,0.0,-81.7233,-24.7873,34.212,0.0,-91.7052,0.0,0.0,-29.2455,91.7704,69.1681,0.0,54.0939,96.5851,2.8335,0.0,0.0,42.8137,-76.2979,-64.7327,-20.6249,-16.4707,0.0,0.0,35.5225,0.0,-96.7892,-40.6018,-59.081,-19.9446,-23.7472,86.8024,25.3688,-53.9977,-24.4806,50.3642,-49.3858,-5.2287,-3.1215,-38.7919,-56.9844,-50.2078,-34.0458,-9.4282,-38.0625,-16.0954,-42.4587,0.0,-5.8425,-8.5036],"direction":[51.1198,52.733,0.0,-20.3824,-28.2552,7.1158,0.0,-47.5573,0.0,0.0,-36.9488,33.6803,43.8165,0.0,40.2494,59.6966,58.2648,0.0,0.0,35.2722,-2.461,-25.3352,-34.4381,-39.4617,0.0,0.0,18.3432,0.0,-61.5912,-57.5501,-67.0707,-62.0583,-38.6457,5.3351,17.5483,-22.6181,-38.5797,19.638,-39.558,-22.057,-7.8468,-51.7133,-59.4,-68.3524,-69.9314,-66.9255,-68.4616,-53.7752,-57.0829,0.0,-29.4753,-25.3458],"intensity":[61.5385,50.0,1.9231,82.6923,69.2308,32.6923,61.5385,100.0,100.0,5.7692,7.6923,76.9231,86.5385,44.2308,48.0769,96.1538,82.6923,28.8462,34.6154,53.8462,53.8462,67.3077,46.1538,1.9231,25.0,5.7692,19.2308,21.1538,100.0,69.2308,76.9231,25.0,44.2308,69.2308,32.6923,73.0769,51.9231,48.0769,38.4615,19.2308,28.8462,90.3846,48.0769,92.3077,11.5385,13.4615,21.1538,5.7692,15.3846,36.5385,9.6154,1.9231],"confirmation":[53.983,7.333,6.4981,82.7166,75.8061,52.8527,24.9037,88.3301,30.2243,28.2557,78.659,86.5749,84.6617,29.5152,83.3386,92.8028,55.3959,9.4428,6.7123,83.674,55.5021,81.8075,75.0958,75.8309,5.3071,48.942,75.9159,1.3457,92.9059,10.6776,89.9185,8.9986,6.9682,59.0549,74.1031,82.208,78.9297,32.6539,82.3056,49.2494,26.2962,83.5947,87.9813,88.9834,85.0076,33.4536,85.8621,31.8586,84.7822,34.4208,52.9593,36.4544],"persistence":[75.0,75.0,62.5,37.5,12.5,37.5,25.0,0.0,12.5,25.0,37.5,12.5,12.5,0.0,12.5,37.5,50.0,50.0,62.5,62.5,37.5,25.0,0.0,25.0,37.5,37.5,25.0,37.5,37.5,37.5,37.5,37.5,50.0,37.5,37.5,50.0,50.0,25.0,25.0,25.0,25.0,50.0,75.0,75.0,75.0,100.0,100.0,100.0,100.0,87.5,87.5,87.5],"assessmentRisk":[16.4559,39.7964,9.3686,24.4899,36.5826,47.8938,28.6923,14.2596,30.0178,38.8664,30.0229,22.0266,24.3837,44.5662,25.0292,11.636,31.034,44.67,36.1759,28.0513,27.7783,22.9534,32.9474,36.8956,39.9133,1.1446,25.9907,29.1441,11.6855,43.7121,14.991,41.015,3.3138,11.8979,40.0425,41.1353,0.4672,36.7065,22.3304,1.1179,25.8445,23.6724,17.5586,16.1166,22.4086,34.3058,20.8984,13.4477,5.951,18.6973,32.5491,24.7312],"volumeParticipation":true,"latest":{"consensus":-14.9,"control":-20.4,"force":-8.5,"direction":-25.3,"confirmation":36.5,"persistence":87.5,"assessmentRisk":24.7,"intensity":1.9,"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":"Broadly stable","forceState":"Commitment is limited","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-14.9","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-20.4","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-8.5","detail":"Commitment is limited","tone":"negative"},{"label":"SM Direction Gauge","value":"-25.3","detail":"Downward 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}