{"schema_version":"1.0","name":"ARMH Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"5784ac41-5337-4efb-b8ed-11230f42f5d1","symbol":"ARMH","name":"ARM HOLDINGS PLC ADRHEDGED","exchange":"NYSEARCA","country":"US","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, Acceleration, deceleration and rollover."},{"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":20,"displayedObservations":20,"assetType":"ETF","state":"Rotational","stateTone":"caution","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":["2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","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],"opens":[5.116,5.372,5.603,4.773,3.872,4.685,4.31,13.098,16.255,14.988,16.284,17.939,13.881,14.105,12.997,11.54,11.085,9.67,11.76,11.46],"highs":[5.27001,5.39819,5.603,4.82005,4.831,4.685,4.74,14.819,17.805,16.142,19.061,18.136,15.276,14.285,13.11,12.38,11.38,12.44,12.04,11.92],"lows":[5.116,5.208,4.80479,3.948,3.865,4.40231,4.156,13.098,14.48999,12.96899,15.821,14.066,13.06,12.457,10.32,11.0685,9.53,9.34,11.2,10.09],"closes":[5.26191,5.31313,4.81441,3.95638,4.60335,4.40231,4.60231,14.79956,14.48999,15.945,18.70692,14.341,13.33637,13.63293,11.2804,11.0685,10.1398,11.8871,11.7093,10.1236],"hoverRows":[[{"label":"Open","value":"5.12","className":"is-ohlc","compact":true},{"label":"High","value":"5.27","className":"is-ohlc","compact":true},{"label":"Low","value":"5.12","className":"is-ohlc","compact":true},{"label":"Close","value":"5.26","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":"11.5","className":"is-ohlc","compact":true},{"label":"High","value":"12.4","className":"is-ohlc","compact":true},{"label":"Low","value":"11.1","className":"is-ohlc","compact":true},{"label":"Close","value":"11.1","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":"11.1","className":"is-ohlc","compact":true},{"label":"High","value":"11.4","className":"is-ohlc","compact":true},{"label":"Low","value":"9.53","className":"is-ohlc","compact":true},{"label":"Close","value":"10.1","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":"9.67","className":"is-ohlc","compact":true},{"label":"High","value":"12.4","className":"is-ohlc","compact":true},{"label":"Low","value":"9.34","className":"is-ohlc","compact":true},{"label":"Close","value":"11.9","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":"11.8","className":"is-ohlc","compact":true},{"label":"High","value":"12.0","className":"is-ohlc","compact":true},{"label":"Low","value":"11.2","className":"is-ohlc","compact":true},{"label":"Close","value":"11.7","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":"11.5","className":"is-ohlc","compact":true},{"label":"High","value":"11.9","className":"is-ohlc","compact":true},{"label":"Low","value":"10.1","className":"is-ohlc","compact":true},{"label":"Close","value":"10.1","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}]],"pressureRange":[-2.3,2.3],"priceRange":[3.071348,19.591952],"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":20,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-06-19","price":18.70692}],"reversal_dangers":[{"date":"2026-06-26","price":14.341}]}},"smTape":{"available":true,"dates":["2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","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":[5.2619,5.3131,4.8144,3.9564,4.6033,4.4023,4.6023,14.7996,14.49,15.945,18.7069,14.341,13.3364,13.6329,11.2804,11.0685,10.1398,11.8871,11.7093,10.1236],"consensus":[89.4812,10.5526,-97.5896,-56.8853,-38.9898,-64.5375,0.0,97.1155,22.8482,87.6523,91.9175,-14.6326,0.0,20.9472,-44.4484,-29.942,-46.4777,28.7105,0.0,-51.7221],"supportDates":["2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","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,-69.9628,0.0,97.0071,2.1651,84.2691,89.8548,-18.1842,0.0,31.5253,-31.7039,-22.8573,-34.2652,37.178,0.0,-47.5941],"force":[89.4812,10.5526,-97.5896,-56.8853,-31.1039,-45.1335,0.0,98.76,40.6809,88.7533,95.4727,-90.1025,0.0,8.4713,-85.0192,-37.3686,-70.4064,69.3045,0.0,-82.2146],"direction":[null,null,null,null,-89.0568,-72.197,0.0,96.0648,91.8638,90.7324,91.7355,-43.3336,0.0,17.7693,-30.0342,-32.7341,-43.3427,9.9623,0.0,-34.6594],"intensity":[null,null,null,null,75.0,60.0,33.3333,100.0,87.5,77.7778,80.0,90.9091,66.6667,53.8462,64.2857,40.0,56.25,64.7059,66.6667,52.6316],"confirmation":[51.3007,26.0435,53.8953,40.87,19.2257,87.978,31.0881,99.1287,14.3691,96.1338,97.5534,38.8395,9.4857,74.1617,83.6541,77.9157,83.7882,35.0874,1.5893,55.0],"persistence":[null,null,33.3333,0.0,20.0,33.3333,28.5714,12.5,12.5,12.5,12.5,12.5,25.0,50.0,37.5,12.5,12.5,12.5,25.0,25.0],"assessmentRisk":[null,null,null,null,21.4952,15.004,17.7139,1.1866,38.2556,6.0919,4.0295,0.606,13.4421,41.6549,26.7347,23.217,14.4397,38.7385,4.6032,12.0206],"volumeParticipation":true,"latest":{"consensus":-51.7,"control":-47.6,"force":-82.2,"direction":-34.7,"confirmation":55.0,"persistence":25.0,"assessmentRisk":12.0,"intensity":52.6,"evidenceDepth":77},"analysis":{"status":"Completed tape has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Completed tape","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-51.7","detail":"Completed tape has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-47.6","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-82.2","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-34.7","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"51.8","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"18.1%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"41%","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 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}