{"schema_version":"1.0","name":"SFTX Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"551c470a-47e5-4ede-9abd-214511cee872","symbol":"SFTX","name":"HORIZON INTERNATIONAL MANAGED RISK ETF","exchange":"NYSEARCA","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price remains elevated in the distribution zone.","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, Range position and boundary pressure, Activity pressure and cumulative balance, Range pressure and compression, Directional strength and control, Directional pressure and rotation."},{"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":38,"displayedObservations":38,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price remains elevated in the distribution zone.","evidenceAlignment":{"status":"Material conflict","headline":"Upward price structure is not confirmed by Market Dynamics","summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price remains elevated in the distribution zone.","take":"The divergence must narrow through either a recovery in Market Dynamics or weaker price. In this configuration, price reversal is the principal risk, so the upward alignment should be treated as vulnerable rather than confirmed.","tone":"negative","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.589488,0.759839,0.777942,0.711652,0.440547,0.161322,-0.048379,-0.225123,-0.200659,-0.127557],"opens":[31.81,31.75,30.54,30.92,30.27,30.7,30.2,30.25,31.11,31.76],"highs":[31.81,31.785,31.159,30.99,30.565,31.29,30.49,31.54,31.68,31.8695],"lows":[31.2253,30.43,30.37,29.91,29.67,29.59,29.19,30.22,31.04,31.09],"closes":[31.59,30.61,30.57,30.7,29.84,29.95,30.34,31.1678,31.5308,31.61],"hoverRows":[[{"label":"Open","value":"31.8","className":"is-ohlc","compact":true},{"label":"High","value":"31.8","className":"is-ohlc","compact":true},{"label":"Low","value":"31.2","className":"is-ohlc","compact":true},{"label":"Close","value":"31.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.59","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"31.8","className":"is-ohlc","compact":true},{"label":"High","value":"31.8","className":"is-ohlc","compact":true},{"label":"Low","value":"30.4","className":"is-ohlc","compact":true},{"label":"Close","value":"30.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.76","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.5","className":"is-ohlc","compact":true},{"label":"High","value":"31.2","className":"is-ohlc","compact":true},{"label":"Low","value":"30.4","className":"is-ohlc","compact":true},{"label":"Close","value":"30.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.78","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.9","className":"is-ohlc","compact":true},{"label":"High","value":"31.0","className":"is-ohlc","compact":true},{"label":"Low","value":"29.9","className":"is-ohlc","compact":true},{"label":"Close","value":"30.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.71","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.3","className":"is-ohlc","compact":true},{"label":"High","value":"30.6","className":"is-ohlc","compact":true},{"label":"Low","value":"29.7","className":"is-ohlc","compact":true},{"label":"Close","value":"29.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.44","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.7","className":"is-ohlc","compact":true},{"label":"High","value":"31.3","className":"is-ohlc","compact":true},{"label":"Low","value":"29.6","className":"is-ohlc","compact":true},{"label":"Close","value":"29.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.16","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"30.2","className":"is-ohlc","compact":true},{"label":"High","value":"30.5","className":"is-ohlc","compact":true},{"label":"Low","value":"29.2","className":"is-ohlc","compact":true},{"label":"Close","value":"30.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.05","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"30.2","className":"is-ohlc","compact":true},{"label":"High","value":"31.5","className":"is-ohlc","compact":true},{"label":"Low","value":"30.2","className":"is-ohlc","compact":true},{"label":"Close","value":"31.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.23","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"31.1","className":"is-ohlc","compact":true},{"label":"High","value":"31.7","className":"is-ohlc","compact":true},{"label":"Low","value":"31.0","className":"is-ohlc","compact":true},{"label":"Close","value":"31.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.20","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"31.8","className":"is-ohlc","compact":true},{"label":"High","value":"31.9","className":"is-ohlc","compact":true},{"label":"Low","value":"31.1","className":"is-ohlc","compact":true},{"label":"Close","value":"31.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.13","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[29.7338,31.7162],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.127557,"state":"Price ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"strengthening","fourWeekDirection":"weakening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"price":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Unsupported elevation","detail":"Price is in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.","tone":"negative"},"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 in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.","annotations":[{"label":"Current tape relationship","value":"Unsupported elevation","detail":"Market Dynamics improved this week but remains below zero.","tone":"negative"},{"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":"Not confirming","detail":"Market Dynamics has weakened over four weeks and now lags the elevated price.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":10,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-07-24","price":29.95}],"reversal_dangers":[{"date":"2026-07-31","price":30.34},{"date":"2026-08-07","price":31.1678}]}},"smTape":{"available":true,"dates":["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":[25.2961,25.3032,25.4169,25.8362,26.1899,26.71,27.0886,27.3925,27.6071,27.9704,28.5173,29.1,29.55,27.1534,26.79,26.17,26.13,26.94,28.52,29.06,28.7961,29.2649,30.9221,30.1215,30.38,31.04,29.99,31.316,31.59,30.61,30.57,30.7,29.84,29.95,30.34,31.1678,31.5308,31.61],"consensus":[100.0,-53.1708,-33.905,-13.0912,80.3814,78.5772,72.5635,79.2609,56.1416,79.2943,66.5315,85.2347,73.942,-54.9736,-41.3503,-61.6384,-44.964,19.1751,65.3787,60.3096,23.3144,52.1561,75.7877,0.0,49.5891,62.1329,-27.9798,63.6129,40.215,-19.6656,11.4783,11.326,-36.7038,-14.4987,19.2306,46.5405,47.0193,-31.1581],"supportDates":["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,88.9817,77.6881,78.9583,43.4968,79.924,54.9174,87.4642,69.5814,-46.7475,-26.7478,-54.3397,-41.192,25.4348,61.9956,64.2742,18.9383,53.4501,81.7121,0.0,46.17,57.3169,-23.5149,64.1573,39.4925,-19.9585,5.9013,18.3108,-33.2653,-12.1359,20.9025,44.7552,45.0111,-28.081],"force":[100.0,-53.1708,-33.905,-13.0912,54.0724,53.5994,46.1421,72.7427,38.8981,72.6334,60.0173,80.3708,63.7477,-87.0714,-43.7183,-64.3606,-33.1928,58.3713,95.9863,62.9361,8.2181,46.1491,81.8413,0.0,44.4593,70.926,-89.3006,75.0817,19.379,-66.6565,1.9376,6.5251,-53.6258,-13.8892,44.1737,74.2529,54.7398,-18.9605],"direction":[null,null,null,null,99.1735,84.5276,85.5793,84.2625,82.9097,83.3326,84.4577,86.1609,86.2072,-41.4477,-56.3473,-68.0353,-57.683,15.9762,47.3824,53.9026,50.8389,54.9678,64.693,0.0,57.1609,61.3561,-10.7181,54.7987,55.9236,-14.234,27.4349,6.7725,-28.5463,-17.6344,0.4967,28.7862,43.8,-43.3874],"intensity":[null,null,null,null,50.0,80.0,66.6667,14.2857,100.0,44.4444,100.0,63.6364,66.6667,100.0,78.5714,53.3333,31.25,76.4706,94.4444,89.4737,30.0,38.0952,95.4545,82.6087,45.8333,84.0,80.7692,85.1852,89.2857,65.5172,43.3333,25.8065,59.375,54.5455,55.8824,80.0,58.3333,2.7027],"confirmation":[54.6667,39.6813,33.5163,26.8559,69.8527,92.2249,90.337,93.1694,85.6325,93.1616,89.2685,95.0929,91.4172,86.6951,81.5268,87.9185,82.0872,33.3101,89.9055,87.3187,30.9862,84.4872,92.3463,35.255,83.7643,88.2239,35.8436,88.6974,80.2448,33.4239,26.4292,26.0382,80.3133,72.657,52.3278,83.7647,83.3121,44.64],"persistence":[null,null,33.3333,50.0,20.0,0.0,14.2857,25.0,25.0,50.0,75.0,100.0,100.0,75.0,50.0,25.0,0.0,0.0,0.0,0.0,0.0,25.0,50.0,62.5,87.5,87.5,62.5,62.5,62.5,37.5,37.5,50.0,25.0,0.0,25.0,25.0,25.0,50.0],"assessmentRisk":[null,null,null,null,9.8068,10.7114,13.7182,10.3696,21.9292,10.3528,16.7343,7.3827,13.029,12.338,28.2632,19.1227,27.5025,22.5581,15.2579,19.6835,38.0677,23.323,11.3063,37.8151,20.9178,15.876,26.8038,12.5969,25.2769,12.9127,23.387,38.4207,30.2517,26.1753,23.3745,5.4621,25.8101,33.6839],"volumeParticipation":true,"latest":{"consensus":-31.2,"control":-28.1,"force":-19.0,"direction":-43.4,"confirmation":44.6,"persistence":50.0,"assessmentRisk":33.7,"intensity":2.7,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the Market Dynamics view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the downward Market Dynamics view stronger support.","take":"Current assessment: the visible price structure remains vulnerable until Market Dynamics changes.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-31.2","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-28.1","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-19.0","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-43.4","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"45/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"64.3","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"3.4%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"18.9","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"96%","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 upward.","series":[{"label":"Close","values":[25.2961,25.3032,25.4169,25.8362,26.1899,26.71,27.0886,27.3925,27.6071,27.9704,28.5173,29.1,29.55,27.1534,26.79,26.17,26.13,26.94,28.52,29.06,28.7961,29.2649,30.9221,30.1215,30.38,31.04,29.99,31.316,31.59,30.61,30.57,30.7,29.84,29.95,30.34,31.1678,31.5308,31.61],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,25.5543,25.7645,26.0052,26.2574,26.5028,26.7697,27.0874,27.4533,27.8346,27.7107,27.5433,27.2936,27.082,27.0562,27.3224,27.6383,27.8488,28.1063,28.6182,28.8916,29.1622,29.5036,29.592,29.9055,30.2118,30.2842,30.3361,30.4023,30.3001,30.2364,30.2552,30.4212,30.6229,30.8024],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,26.6704,26.7061,26.7124,26.6722,26.632,26.6548,26.793,26.9609,27.0969,27.2575,27.5289,27.721,27.9179,28.1492,28.2855,28.51,28.7382,28.8768,29.0022,29.128,29.1807,29.2377,29.3194,29.4563,29.61,29.7581],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,28.3956,28.8348,29.343,29.8486,29.7536,29.6476,29.5467,29.4535,29.3823,29.5014,29.697,29.8227,29.9804,30.4781,30.7197,30.9843,31.3696,31.5228,31.8959,32.2761,32.449,32.5996,32.7411,32.7625,32.7685,32.7351,32.6218,32.3892,32.1752],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,24.5666,24.4976,24.395,24.3019,24.4081,24.4752,24.4647,24.4549,24.5245,24.5704,24.5772,24.8014,25.04,25.0927,25.2797,25.4341,25.4817,25.6187,25.638,25.656,25.7471,25.8018,25.8203,25.8279,26.1016,26.49,27.103,27.8757,28.5567],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,98.6715,82.421,93.8132,88.2159,99.5171,95.3606,45.3662,37.7855,24.852,24.0176,40.9146,73.8743,85.1389,79.6339,89.4133,99.5328,83.0651,87.2402,97.9003,76.1447,96.2925,96.5588,80.8,78.9116,81.1224,66.4966,68.3673,75.0,89.0782,95.2517,95.6309],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-0.1185,-1.9902,-0.7004,-1.6306,-0.0687,-0.747,-8.7967,-10.0173,-12.0998,-12.2341,-9.5135,-4.2066,-2.3928,-3.2792,-1.7046,-0.0901,-3.3638,-2.5345,-0.4171,-4.9747,-0.7731,-0.6916,-3.7724,-3.8981,-3.4895,-6.193,-5.8472,-4.6212,-2.0189,-0.8777,-0.8143],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,9.6636,10.5227,11.9772,14.1666,16.4994,18.301,8.7064,7.2515,4.7694,4.6093,7.8521,14.1775,16.3393,15.2828,17.1596,23.7941,20.5889,21.6238,24.2661,20.0625,25.371,24.2875,19.7574,17.8943,18.3957,15.0791,15.5033,17.0073,20.1998,21.5997,21.9051],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,5.9805,7.2246,8.9491,9.2393,9.7703,11.3825,11.558,12.6739,9.1281,10.6189,17.5283,19.7369,19.1982,16.061,82.6999,85.3941,130.6143,493.3202,908.738,637.8322,33.5515,19.665,36.1301,25.2717,53.9718,23.7836,45.7859,996.435,80.547,57.885,44.9866],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,135.0,135.0,135.0,135.0,135.0,134.7086,134.4079,134.2037,133.9787,134.3329,134.7147,135.0,134.7002,134.9385,135.0,134.6139,135.0,135.0,130.0593,130.3202,130.4723,130.1922,129.9968,130.4193,130.2339,130.5936,135.0,135.0,135.0,135.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,2.4524,2.7267,3.0068,3.1052,3.152,3.218,3.1932,3.1333,3.1204,3.2112,3.3456,3.3435,3.217,3.4658,3.4823,3.3377,3.5147,3.4523,3.4434,3.5361,3.6769,3.6765,3.6257,3.4729,3.3929],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,14.4592,16.2645,18.4153,20.4861,19.7391,19.1135,18.8182,18.545,18.0231,18.2387,18.8666,18.3848,17.9584,19.3822,19.4291,19.6751,20.7133,20.6647,21.7536,22.8546,23.0322,23.2797,23.6363,23.6711,22.6496,21.0895,18.4807,14.9791,11.916],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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,24.1911,24.2506,24.5792,23.7933,22.9862,21.6501,20.1159,19.5015,18.4273,18.4647,18.6229,18.9405],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,33.8965,28.6927,24.7338,22.2733,19.7627,27.2521,29.647,28.312,28.9871,35.4365,33.9818,31.3055,33.7546,30.1127,26.6511,27.7972,25.2965,23.9456,22.1982,20.6504,23.0759,21.1549,26.0267,25.8534,25.7733],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,24.5968,22.972,24.3411,21.9197,21.1313,18.1546,16.6733,15.9225,14.6085,12.4753,11.4142,14.1719,13.3862,16.134,15.9823,15.3493,19.2486,18.6268,20.3757,20.5797,18.3105,19.3476,17.7333,16.993,16.1109],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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":"momentum","eyebrow":"Momentum pressure","title":"Directional pressure and rotation","description":"Two independent momentum views show whether pressure is broadening, fading or stretched.","reason":"Selected because momentum has changed character across the latest observations.","series":[{"label":"Momentum","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,51.4674,45.7418,45.3909,53.2163,64.0407,66.8627,64.2107,66.7348,73.7758,66.4575,67.5759,70.2989,61.4564,67.0867,68.123,60.7554,60.4679,61.1119,54.757,55.3959,57.6779,62.109,63.8942,64.2895],"stroke":"#063b66","width":2.0},{"label":"Rotation","values":[null,null,null,null,null,null,93.7193,98.6715,82.421,93.8132,88.2159,99.5171,95.3606,45.3662,37.7855,24.852,16.3729,32.7604,67.4058,81.4595,74.5914,86.7921,99.4442,79.9905,84.9237,97.5191,72.1137,95.6661,96.2585,79.5918,78.9116,77.9324,46.4674,45.2941,56.7647,77.7785,89.3435,90.3154],"stroke":"#1678a7","width":1.5},{"label":"Rotation signal","values":[null,null,null,null,null,null,null,96.1954,91.6039,91.6352,88.15,93.8487,94.3645,80.0813,59.5041,36.0012,26.3368,24.6618,38.8464,60.5419,74.4856,80.9477,86.9426,88.7423,88.1194,87.4777,84.8521,88.4329,88.0128,90.5055,84.9206,78.8119,67.7705,56.5646,49.5087,59.9458,74.6289,85.8125],"stroke":"#b87806","width":1.4}],"guides":[{"label":"Upper zone","values":[70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0],"stroke":"#c13f3f","width":1.0,"dash":[6,5]},{"label":"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]},{"label":"Lower zone","values":[30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0],"stroke":"#07865c","width":1.0,"dash":[6,5]}],"dates":["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/551c470a-47e5-4ede-9abd-214511cee872/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/551c470a-47e5-4ede-9abd-214511cee872/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/551c470a-47e5-4ede-9abd-214511cee872/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/551c470a-47e5-4ede-9abd-214511cee872/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/551c470a-47e5-4ede-9abd-214511cee872/technical-pack/data.json"},"source_fingerprint":"2f8fe550965a1e38c441ee7c0fe63ad915e31e56542e8f8c8f6ffef4b76b9822","content_hash":"808d58cbb6c45ecd4c2411ba837e7403222eec2eed5522f31bfe7c103e9cd959","citation":"Sharemaestro, SFTX Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/551c470a-47e5-4ede-9abd-214511cee872/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."}