{"schema_version":"1.0","name":"MARMR Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"5f7d995d-c65b-475b-a4ae-ddc5eacd1037","symbol":"MARMR","name":"Marmara Holding Anonim Sirketi","exchange":"IST","country":"TR","asset_type":"equity","currency":"TRY","sector":"Industrials","industry":"Conglomerates"},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has not yet established a clear direction.","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, Drawdown and recovery pressure, Range pressure and compression, Range position and boundary pressure, Activity pressure and cumulative balance, Directional strength and control."},{"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":49,"displayedObservations":49,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has not yet established a clear direction.","evidenceAlignment":{"status":"Repair in progress","headline":"Market Dynamics is improving while price remains rotational","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price has not yet established a clear direction.","take":"Treat the repair as constructive context until price confirms it.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":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"],"values":[0.115252,0.203226,0.288131,0.332439,0.26607,0.253588,0.14923,0.063751,-0.016966,-0.25845,-0.495939,-0.644612,-0.833431,-0.976444,-1.085128,-1.169639,-1.146587,-1.125178,-1.009985,-0.818933,-0.549705],"opens":[2.28,2.89,2.97,3.15,2.84,3.03,2.93,2.73,2.63,2.63,2.44,2.38,2.27,2.4,2.18,2.24,2.2,2.24,2.21,2.31,2.41],"highs":[2.81,3.3,3.2,3.25,2.97,3.07,3.07,2.86,2.71,2.65,2.54,2.4,2.48,2.43,2.25,2.24,2.49,2.38,2.38,2.55,2.58],"lows":[2.22,2.83,2.85,2.81,2.66,2.82,2.72,2.43,2.59,2.55,2.43,2.37,2.27,2.38,2.18,2.18,2.17,2.13,2.18,2.28,2.41],"closes":[2.81,2.97,3.15,2.84,2.94,2.91,2.73,2.63,2.6,2.55,2.44,2.38,2.48,2.39,2.22,2.18,2.23,2.21,2.31,2.37,2.55],"hoverRows":[[{"label":"Open","value":"2.28","className":"is-ohlc","compact":true},{"label":"High","value":"2.81","className":"is-ohlc","compact":true},{"label":"Low","value":"2.22","className":"is-ohlc","compact":true},{"label":"Close","value":"2.81","className":"is-ohlc","compact":true},{"label":"Market 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repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[2.1218,3.2082],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.549705,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"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":"Underlying pressure is repairing","detail":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","annotations":[{"label":"Current tape relationship","value":"Underlying pressure is repairing","detail":"Market Dynamics improved this week but remains below zero.","tone":"caution"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","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":"Repairing","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":21,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[2.18,3.47,5.56,6.0,4.34,3.46,3.01,3.83,2.97,2.45,1.96,2.0,1.93,1.86,1.84,1.72,1.69,2.57,3.27,2.6,3.08,2.91,2.74,2.45,2.34,2.23,2.52,2.27,2.81,2.97,3.15,2.84,2.94,2.91,2.73,2.63,2.6,2.55,2.44,2.38,2.48,2.39,2.22,2.18,2.23,2.21,2.31,2.37,2.55],"consensus":[0.0,100.0,100.0,-42.7869,41.3748,-23.0484,-48.4603,32.0951,-62.562,-67.9096,-75.4252,-41.6848,-52.5527,-49.7635,-23.5252,-42.8278,-38.8505,53.2874,60.6747,-20.3721,52.2242,0.0,-13.8977,-29.0191,-23.2405,-34.1484,12.0065,-35.1374,48.8602,29.7975,44.944,0.0,25.5832,0.0,-25.1223,-15.0869,-22.9361,-29.315,-32.2947,-27.4246,0.0,-28.5654,-30.5485,-40.6462,-21.6573,-25.2465,0.0,0.0,-40.1449],"supportDates":["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","2026-08-21"],"control":[null,null,null,null,null,-34.9277,-47.5634,40.0939,-51.7144,-62.3422,-72.016,-37.4037,-52.6698,-51.4141,-17.6701,-38.3363,-44.3174,48.0142,51.8982,-30.0786,40.96,0.0,-9.3151,-35.196,-19.3366,-37.0629,20.5254,-43.6407,48.7724,20.7172,46.1535,0.0,30.1309,0.0,-26.1539,-14.1937,-25.8222,-34.3898,-37.5742,-29.1848,0.0,-33.9135,-29.6757,-49.7742,-18.4455,-23.8541,0.0,0.0,-40.7164],"force":[0.0,100.0,100.0,-42.7869,36.7065,-38.8521,-43.4945,65.1321,-95.2062,-81.1215,-86.1581,-7.9617,-29.4567,-26.3228,-1.1633,-32.0825,-20.2949,96.3405,85.7807,-69.2516,78.8174,0.0,-32.6193,-41.8004,-19.5119,-28.5332,26.7323,-40.9136,72.9396,28.2249,41.3145,0.0,23.2619,0.0,-38.6315,-15.9366,-19.5461,-25.3139,-24.4393,-14.9738,0.0,-19.9002,-17.235,-24.1191,-3.8537,-14.8123,0.0,0.0,-51.9731],"direction":[null,null,null,null,97.1472,-1.8161,-53.0322,0.6442,-51.642,-64.8354,-71.6552,-70.6655,-68.916,-64.6205,-47.8513,-55.6362,-45.8565,28.5616,52.7722,-25.6349,46.1025,0.0,-5.7625,-12.8303,-30.3654,-34.8285,8.2478,-21.2934,31.761,41.2981,46.1542,0.0,22.044,0.0,-14.2938,-15.5008,-22.0593,-26.3732,-31.8719,-34.3064,0.0,-28.6427,-41.0556,-42.0193,-38.0447,-34.2908,0.0,0.0,-31.0432],"intensity":[null,null,null,null,75.0,40.0,16.6667,14.2857,12.5,11.1111,10.0,9.0909,8.3333,7.6923,21.4286,13.3333,12.5,64.7059,66.6667,42.1053,35.0,33.3333,22.7273,39.1304,41.6667,4.0,42.3077,29.6296,53.5714,55.1724,26.6667,48.3871,34.375,18.1818,29.4118,48.5714,19.4444,2.7027,7.8947,17.9487,5.0,9.7561,40.4762,2.3256,45.4545,13.3333,8.6957,36.1702,41.6667],"confirmation":[0.0,54.6667,54.6667,36.3585,21.4166,53.3969,83.3696,56.6262,89.18,90.2186,92.5151,57.71,84.1112,83.1848,52.4464,81.4459,79.7833,86.4444,88.3148,35.9963,85.6939,5.7608,50.421,77.5815,75.3828,78.712,28.5873,79.2904,84.3705,77.6256,82.253,31.6776,76.0466,2.4446,76.4351,72.8673,75.1923,77.1815,78.0144,76.3696,29.2825,76.7954,77.3831,80.364,51.77,75.7821,27.0026,25.6082,81.1982],"persistence":[null,null,66.6667,25.0,40.0,16.6667,0.0,12.5,0.0,25.0,50.0,50.0,75.0,75.0,75.0,100.0,100.0,75.0,50.0,50.0,25.0,12.5,12.5,12.5,12.5,37.5,37.5,37.5,37.5,25.0,0.0,12.5,37.5,50.0,25.0,25.0,0.0,25.0,50.0,62.5,75.0,87.5,87.5,87.5,87.5,87.5,75.0,62.5,50.0],"assessmentRisk":[null,null,null,null,24.9631,11.1601,23.9387,63.3566,9.6582,1.5751,0.4208,26.2881,12.7193,2.5726,4.972,0.24,0.4041,17.3618,19.2872,56.7021,23.5278,30.3711,35.748,3.3527,35.895,29.5851,30.5662,2.7788,15.2482,31.9055,24.2378,50.4965,9.163,12.8123,34.3643,27.5905,33.7786,31.4297,26.7998,27.7311,29.7948,27.4032,31.8145,27.4696,38.885,36.5663,35.4468,45.1963,29.8131],"volumeParticipation":true,"latest":{"consensus":-40.1,"control":-40.7,"force":-52.0,"direction":-31.0,"confirmation":81.2,"persistence":50.0,"assessmentRisk":29.8,"intensity":41.7,"evidenceDepth":100},"analysis":{"status":"Market Dynamics 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":"Market Dynamics","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":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-40.1","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-40.7","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-52.0","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-31.0","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"81/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"61.0","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"11.4%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"17.7","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"36%","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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tape.","series":[{"label":"Drawdown","values":[0.0,0.0,0.0,0.0,-27.6667,-42.3333,-49.8333,-36.1667,-50.5,-59.1667,-67.3333,-66.6667,-67.8333,-69.0,-69.3333,-71.3333,-71.8333,-57.1667,-45.5,-56.6667,-48.6667,-51.5,-54.3333,-59.1667,-61.0,-62.8333,-58.0,-62.1667,-53.1667,-50.5,-47.5,-52.6667,-51.0,-51.5,-54.5,-56.1667,-56.6667,-57.5,-59.3333,-60.3333,-58.6667,-60.1667,-63.0,-63.6667,-62.8333,-63.1667,-61.5,-60.5,-57.5],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,75.6881,36.2385,12.3853,0.0,2.0408,0.0,0.0,0.0,0.0,0.0,52.071,93.4911,53.8462,82.2485,72.1893,62.1302,44.9704,38.4615,31.9527,49.1124,34.3195,66.2722,75.7396,86.3905,68.0473,73.9645,72.1893,61.5385,55.6213,53.8462,50.8876,44.3787,40.8284,46.7456,41.4201,0.0,0.0,2.2936,1.3761,5.9633,8.7156,16.9725],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}