{"schema_version":"1.0","name":"HEDG Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"52c9c5d9-16c5-4e11-9d5d-0de886954a98","symbol":"HEDG","name":"EQUABLE SHARES HEDGED EQUITY ETF","exchange":"NYSEARCA","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","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, Acceleration, deceleration and rollover, Range position and boundary pressure, Range pressure and compression, Directional strength and control, Activity pressure and cumulative balance."},{"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":45,"displayedObservations":45,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","evidenceAlignment":{"status":"Evidence aligned","headline":"Upward price structure retains strong Market Dynamics support","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","take":"The advance remains supported. Reclassify it only if the broader Market Dynamics path weakens or price structure breaks.","tone":"positive","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.014765,0.019837,0.030706,0.098522,0.16251,0.259164,0.386554,0.54481,0.649609,0.760091,0.845292,0.935183,1.026142,1.158492,1.160725,1.300574,1.380449],"opens":[29.521928,29.70103,29.750781,30.298036,29.830381,29.820431,29.820431,29.870182,29.949782,29.86,30.03,30.1376,30.02,30.14,30.22,30.55,30.55],"highs":[29.66123,29.73088,29.800531,30.298036,29.880132,29.880132,29.999533,29.979633,29.959733,30.06,30.18,30.2,30.19,30.25,30.645,30.68,30.655],"lows":[29.511978,29.601529,29.621429,29.65128,29.661329,29.72093,29.601529,29.800531,29.7,29.78,29.89,30.0,29.94,29.88,30.22,30.13,30.52],"closes":[29.606504,29.66123,29.713965,29.790581,29.793566,29.740831,29.870182,29.929882,29.74,30.0,30.18,30.04,30.05,30.24,30.55,30.65,30.61],"hoverRows":[[{"label":"Open","value":"29.5","className":"is-ohlc","compact":true},{"label":"High","value":"29.7","className":"is-ohlc","compact":true},{"label":"Low","value":"29.5","className":"is-ohlc","compact":true},{"label":"Close","value":"29.6","className":"is-ohlc","compact":true},{"label":"Market 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supported","detail":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","tone":"caution"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","annotations":[{"label":"Current tape relationship","value":"Extended but supported","detail":"Market Dynamics strengthened this week and remains positive.","tone":"caution"},{"label":"Price location","value":"Distribution zone","detail":"Price is extended; support can persist, but rollover risk must be monitored.","tone":"caution"},{"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":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":17,"summary":"More completed weekly history is needed for a dependable ticker-level 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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":"Commitment is limited","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Established","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+33.4","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+33.1","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+10.0","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+50.5","detail":"Upward 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}