{"schema_version":"1.0","name":"IB37 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"613c5b94-3adf-4896-97d7-045b33777af4","symbol":"IB37","name":"iSh iBonds Dec 2037 Term  Corp","exchange":"PAR","country":"FR","asset_type":"etf","currency":"EUR","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, Range pressure and compression, Range position and boundary pressure, Drawdown and recovery pressure."},{"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":14,"displayedObservations":14,"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":["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":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"opens":[5.0,5.069,5.079,5.058,5.075,5.13,5.13,5.097,5.058,5.029,5.022,5.025,5.048,5.048],"highs":[5.027,5.087,5.079,5.058,5.075,5.13,5.138,5.097,5.058,5.029,5.036,5.054,5.048,5.048],"lows":[5.0,5.069,5.042,5.054,5.075,5.125,5.094,5.044,5.027,4.999,4.994,5.014,5.048,5.048],"closes":[5.044,5.087,5.047,5.054,5.075,5.125,5.094,5.062,5.041,5.009,4.9985,5.048,5.048,5.048],"hoverRows":[[{"label":"Open","value":"5.00","className":"is-ohlc","compact":true},{"label":"High","value":"5.03","className":"is-ohlc","compact":true},{"label":"Low","value":"5.00","className":"is-ohlc","compact":true},{"label":"Close","value":"5.04","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"5.07","className":"is-ohlc","compact":true},{"label":"High","value":"5.09","className":"is-ohlc","compact":true},{"label":"Low","value":"5.07","className":"is-ohlc","compact":true},{"label":"Close","value":"5.09","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"5.08","className":"is-ohlc","compact":true},{"label":"High","value":"5.08","className":"is-ohlc","compact":true},{"label":"Low","value":"5.04","className":"is-ohlc","compact":true},{"label":"Close","value":"5.05","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":"5.06","className":"is-ohlc","compact":true},{"label":"High","value":"5.06","className":"is-ohlc","compact":true},{"label":"Low","value":"5.05","className":"is-ohlc","compact":true},{"label":"Close","value":"5.05","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":"5.08","className":"is-ohlc","compact":true},{"label":"High","value":"5.08","className":"is-ohlc","compact":true},{"label":"Low","value":"5.08","className":"is-ohlc","compact":true},{"label":"Close","value":"5.08","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":"5.13","className":"is-ohlc","compact":true},{"label":"High","value":"5.13","className":"is-ohlc","compact":true},{"label":"Low","value":"5.12","className":"is-ohlc","compact":true},{"label":"Close","value":"5.12","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":"5.13","className":"is-ohlc","compact":true},{"label":"High","value":"5.14","className":"is-ohlc","compact":true},{"label":"Low","value":"5.09","className":"is-ohlc","compact":true},{"label":"Close","value":"5.09","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":"5.10","className":"is-ohlc","compact":true},{"label":"High","value":"5.10","className":"is-ohlc","compact":true},{"label":"Low","value":"5.04","className":"is-ohlc","compact":true},{"label":"Close","value":"5.06","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":"5.06","className":"is-ohlc","compact":true},{"label":"High","value":"5.06","className":"is-ohlc","compact":true},{"label":"Low","value":"5.03","className":"is-ohlc","compact":true},{"label":"Close","value":"5.04","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":"5.03","className":"is-ohlc","compact":true},{"label":"High","value":"5.03","className":"is-ohlc","compact":true},{"label":"Low","value":"5.00","className":"is-ohlc","compact":true},{"label":"Close","value":"5.01","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":"5.02","className":"is-ohlc","compact":true},{"label":"High","value":"5.04","className":"is-ohlc","compact":true},{"label":"Low","value":"4.99","className":"is-ohlc","compact":true},{"label":"Close","value":"5.00","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":"5.03","className":"is-ohlc","compact":true},{"label":"High","value":"5.05","className":"is-ohlc","compact":true},{"label":"Low","value":"5.01","className":"is-ohlc","compact":true},{"label":"Close","value":"5.05","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":"5.05","className":"is-ohlc","compact":true},{"label":"High","value":"5.05","className":"is-ohlc","compact":true},{"label":"Low","value":"5.05","className":"is-ohlc","compact":true},{"label":"Close","value":"5.05","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":"5.05","className":"is-ohlc","compact":true},{"label":"High","value":"5.05","className":"is-ohlc","compact":true},{"label":"Low","value":"5.05","className":"is-ohlc","compact":true},{"label":"Close","value":"5.05","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":[4.99091,5.13259],"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":14,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-22","price":5.044}],"reversal_dangers":[{"date":"2026-05-29","price":5.087}]}},"smTape":{"available":true,"dates":["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":[5.044,5.087,5.047,5.054,5.075,5.125,5.094,5.062,5.041,5.009,4.9985,5.048,5.048,5.048],"consensus":[100.0,100.0,-72.973,-100.0,57.7533,44.3337,0.0,-25.7391,-44.1794,-64.0447,-60.8222,17.8751,0.0,10.4637],"supportDates":["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,30.3838,0.0,-32.1497,-36.8625,-57.6588,-53.2996,33.3296,0.0,0.2488],"force":[100.0,100.0,-72.973,-100.0,38.9941,26.949,0.0,-50.0143,-49.2924,-66.0478,-59.5439,31.6979,0.0,8.9523],"direction":[null,null,null,null,71.1526,72.6942,0.0,-1.0732,-48.8894,-69.912,-70.3323,9.6606,0.0,23.2174],"intensity":[null,null,null,null,50.0,80.0,50.0,71.4286,50.0,44.4444,10.0,72.7273,50.0,7.6923],"confirmation":[54.6667,54.6667,46.018,54.6667,62.9568,81.8695,36.6334,54.212,82.4047,88.6527,87.5388,30.6334,0.9035,48.7913],"persistence":[null,null,33.3333,0.0,20.0,33.3333,28.5714,12.5,12.5,37.5,37.5,12.5,25.0,25.0],"assessmentRisk":[null,null,null,null,9.6054,19.311,45.0952,24.2301,16.4329,17.8908,19.366,28.6226,9.32,37.3258],"volumeParticipation":true,"latest":{"consensus":10.5,"control":0.2,"force":9.0,"direction":23.2,"confirmation":48.8,"persistence":25.0,"assessmentRisk":37.3,"intensity":7.7,"evidenceDepth":54},"analysis":{"status":"Completed tape has stronger support","headline":"The gauges support the upward view","summary":"The completed evidence gives the upward view the clearer support.","take":"Current assessment: upward pressure has the stronger support.","tone":"positive","supportedView":"Completed tape","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+10.5","detail":"Completed tape has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+0.2","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+9.0","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+23.2","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"49/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"-","detail":"Developing","tone":"neutral"},{"label":"Risk pressure","value":"0.6%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"38%","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 is rotating through its trend references.","series":[{"label":"Close","values":[5.044,5.087,5.047,5.054,5.075,5.125,5.094,5.062,5.041,5.009,4.9985,5.048,5.048,5.048],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,5.0558,5.0684,5.073,5.071,5.0656,5.0553,5.045,5.0455,5.046,5.0463],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,5.0493,5.0492],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,5.1258,5.1279,5.1243,5.1212,5.1184],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,5.0018,4.9878,4.9898,4.9915,4.9931],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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":"returns","eyebrow":"Observed return path","title":"Completed returns and cumulative progression","description":"Period returns are shown beside the total move recorded across the available tape.","reason":"Selected because direct returns remain fully observable while longer indicators develop.","series":[{"label":"Period return","values":[null,0.8525,-0.7863,0.1387,0.4155,0.9852,-0.6049,-0.6282,-0.4149,-0.6348,-0.2096,0.9903,0.0,0.0],"stroke":"#176fa3","width":1.7},{"label":"Cumulative progression","values":[0.0,0.8525,0.0595,0.1983,0.6146,1.6059,0.9913,0.3569,-0.0595,-0.6939,-0.9021,0.0793,0.0793,0.0793],"stroke":"#07865c","width":2.0}],"guides":[{"label":"Starting level","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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"bar_range","eyebrow":"Completed-bar anatomy","title":"Range expansion and closing direction","description":"The completed range and open-to-close direction expose expansion, compression and control.","reason":"Selected because these measures use every completed bar and do not require a long history.","series":[{"label":"Completed range","values":[0.5353,0.3538,0.7331,0.0791,0.0,0.0976,0.8638,1.047,0.615,0.5989,0.8403,0.7924,0.0,0.0],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[0.88,0.3551,-0.63,-0.0791,0.0,-0.0975,-0.7018,-0.6867,-0.3361,-0.3977,-0.4679,0.4577,0.0,0.0],"stroke":"#176fa3","width":1.8}],"guides":[{"label":"Unchanged close","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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,0.6018],"stroke":"#c13f3f","width":1.9},{"label":"Envelope 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tape.","series":[{"label":"Drawdown","values":[0.0,0.0,-0.7863,-0.6487,-0.2359,0.0,-0.6049,-1.2293,-1.639,-2.2634,-2.4683,-1.5024,-1.5024,-1.5024],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.3569,0.0,0.0,0.0,0.9903,0.9903,0.9903],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior 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IB37 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/613c5b94-3adf-4896-97d7-045b33777af4/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."}