{"schema_version":"1.0","name":"CVS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"6339f423-9e04-48dd-9c22-2a6f01a1b5bb","symbol":"CVS","name":"CVS Health Corporation","exchange":"TOR","country":"CA","asset_type":"etf","currency":"CAD","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, Activity pressure and cumulative balance, Directional strength and control, 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":"2026-08-14","observations":33,"displayedObservations":33,"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":["2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[0.99278,1.362793,1.380342,1.233915,0.923896],"opens":[24.856464,25.482596,25.73,25.0,22.799999],"highs":[25.780755,26.297561,26.23,25.08,23.299999],"lows":[24.786895,25.482596,25.040001,22.629999,22.299999],"closes":[25.621738,25.82,25.139999,22.950001,23.27],"hoverRows":[[{"label":"Open","value":"24.9","className":"is-ohlc","compact":true},{"label":"High","value":"25.8","className":"is-ohlc","compact":true},{"label":"Low","value":"24.8","className":"is-ohlc","compact":true},{"label":"Close","value":"25.6","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":"25.5","className":"is-ohlc","compact":true},{"label":"High","value":"26.3","className":"is-ohlc","compact":true},{"label":"Low","value":"25.5","className":"is-ohlc","compact":true},{"label":"Close","value":"25.8","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":"25.7","className":"is-ohlc","compact":true},{"label":"High","value":"26.2","className":"is-ohlc","compact":true},{"label":"Low","value":"25.0","className":"is-ohlc","compact":true},{"label":"Close","value":"25.1","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":"25.0","className":"is-ohlc","compact":true},{"label":"High","value":"25.1","className":"is-ohlc","compact":true},{"label":"Low","value":"22.6","className":"is-ohlc","compact":true},{"label":"Close","value":"23.0","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":"22.8","className":"is-ohlc","compact":true},{"label":"High","value":"23.3","className":"is-ohlc","compact":true},{"label":"Low","value":"22.3","className":"is-ohlc","compact":true},{"label":"Close","value":"23.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[22.777801,25.9922],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"easing","fourWeekDirection":"steady","now":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"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 eased this week but remains positive.","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":"14 Aug 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"positive"},{"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":25,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[{"date":"2026-08-14","price":23.27}],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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"],"close":[19.1654,19.1556,19.3621,19.8481,17.8652,18.8071,18.8864,18.3114,18.9558,18.7476,18.4403,17.1415,16.7846,17.5976,18.7575,18.47,18.73,19.83,21.85,23.11,22.43,21.94,23.04,24.48,23.1371,24.7471,25.423,24.9559,25.6217,25.82,25.14,22.95,23.27],"consensus":[100.0,74.5452,100.0,58.0,-78.2784,9.9412,0.0,-58.2256,43.4953,-18.1369,-31.1609,-75.7662,-66.931,0.0,45.7449,0.0,29.1185,65.685,80.7244,76.0707,16.3406,21.3303,59.8871,63.5354,31.2617,40.7385,50.3148,40.1597,70.7351,44.1447,-9.6162,-55.3218,0.0],"supportDates":["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"],"control":[null,null,null,null,null,29.4682,0.0,-53.401,33.4327,-19.9021,-28.2409,-68.6828,-64.0939,0.0,47.325,0.0,23.0365,59.1673,81.7243,73.2642,1.3799,4.4403,64.877,56.8718,33.4254,27.9524,47.1237,48.7153,67.0379,37.4063,-6.8335,-48.2054,0.0],"force":[100.0,74.5452,100.0,58.0,-51.321,35.9287,0.0,-62.0629,83.504,-24.2496,-25.5473,-91.3508,-58.8523,0.0,61.4024,0.0,29.2294,87.8515,94.8837,82.9365,32.5509,13.9379,41.672,62.5272,6.6658,20.6461,26.3621,4.8027,80.4029,29.4075,-73.4286,-94.3409,0.0],"direction":[null,null,null,null,-97.5336,30.9378,0.0,-60.9986,26.4178,-11.7534,-38.5076,-72.7297,-75.944,0.0,32.755,0.0,35.99,57.3006,69.468,74.3739,71.5151,65.8246,67.1953,71.871,55.88,69.7029,71.071,55.6369,68.0548,62.3723,-32.7838,-35.5842,0.0],"intensity":[null,null,null,null,100.0,80.0,16.6667,71.4286,75.0,77.7778,70.0,90.9091,58.3333,53.8462,85.7143,33.3333,25.0,76.4706,100.0,100.0,45.0,33.3333,72.7273,86.9565,83.3333,96.0,38.4615,44.4444,53.5714,41.3793,40.0,96.7742,84.375],"confirmation":[54.6667,46.5211,54.6667,41.2267,69.1501,32.9424,28.1993,86.8227,83.2911,73.9632,77.8449,92.8281,89.215,34.949,83.0915,5.6094,77.414,89.7941,94.2481,92.5946,11.2476,8.9816,86.5327,88.4021,55.5703,80.6188,83.4194,56.9765,90.9862,81.7798,12.0582,87.0006,31.0599],"persistence":[null,null,100.0,100.0,60.0,66.6667,57.1429,37.5,37.5,12.5,12.5,37.5,37.5,50.0,37.5,25.0,25.0,0.0,25.0,50.0,75.0,87.5,87.5,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,50.0,37.5],"assessmentRisk":[null,null,null,null,4.3976,21.6139,23.2031,18.0179,21.0222,5.3935,10.5203,6.76,16.1497,44.155,5.3712,42.8863,34.3759,16.9624,9.5674,11.9616,41.8025,38.3266,12.7277,12.7562,15.5318,29.3027,24.0735,1.9711,14.0053,17.8061,8.7291,19.6363,50.5852],"volumeParticipation":true,"latest":{"consensus":0.0,"control":0.0,"force":0.0,"direction":0.0,"confirmation":31.1,"persistence":37.5,"assessmentRisk":50.6,"intensity":84.4,"evidenceDepth":100},"analysis":{"status":"No directional advantage","headline":"The gauges do not support either side","summary":"Control, force and direction are too balanced to support an upward or downward assessment.","take":"Current assessment: wait for a clearer directional advantage.","tone":"neutral","supportedView":"Neither side","direction":"balanced","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":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+0.0","detail":"No directional advantage","tone":"neutral"},{"label":"SM Control Gauge","value":"+0.0","detail":"Control support is limited","tone":"neutral"},{"label":"SM Force Gauge","value":"+0.0","detail":"Commitment is limited","tone":"neutral"},{"label":"SM Direction Gauge","value":"+0.0","detail":"Follow-through is limited","tone":"neutral"},{"label":"SM Confirmation Gauge","value":"31/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"54.6","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"5.1%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"37.7","detail":"Directional","tone":"positive"},{"label":"Range position","value":"68%","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":[19.1654,19.1556,19.3621,19.8481,17.8652,18.8071,18.8864,18.3114,18.9558,18.7476,18.4403,17.1415,16.7846,17.5976,18.7575,18.47,18.73,19.83,21.85,23.11,22.43,21.94,23.04,24.48,23.1371,24.7471,25.423,24.9559,25.6217,25.82,25.14,22.95,23.27],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,19.0535,19.0087,18.9865,18.8637,18.8805,18.8563,18.7807,18.4826,18.1739,18.0691,18.1943,18.2444,18.3327,18.6049,19.1949,19.9068,20.3655,20.6518,21.086,21.7031,21.9638,22.4699,23.0068,23.3612,23.7722,24.1445,24.3255,24.0754,23.929],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,18.6764,18.5964,18.6084,18.5981,18.6079,18.6984,18.9319,19.2414,19.4776,19.66,19.9103,20.2488,20.4628,20.7801,21.124,21.4079,21.72,22.0237,22.2546,22.3061,22.3775],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,19.9496,19.8947,20.094,20.2483,20.1944,20.1588,20.1038,20.0721,20.2147,20.9102,21.8028,22.3415,22.7043,23.2595,24.0757,24.496,25.2088,25.9721,26.5156,27.1268,27.6808,28.0174,27.9018,27.6528],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,17.8713,17.8407,17.3537,16.9011,16.8154,16.8847,16.9333,16.9898,16.9915,16.6378,16.1788,15.9665,15.8822,15.6948,15.3418,15.4487,15.3299,15.2202,15.3412,15.3966,15.5498,15.8831,16.5796,17.4772],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"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,58.7372,105.7451,46.1475,35.1017,110.0,122.8346,15.4445,39.7979,99.0815,41.763,340.7685,92.3317,113.9374,63.4726,20.3649,3.8768,94.0225,3.9043,19.7418,5.3683,24.6685,400.5384,528.7873,272.4991,564.69,227.2443],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,103.4044,119.6502,112.9608,108.1826,93.0717,75.8703,77.901,82.9181,70.4352,75.5119,123.7713,135.0,135.0,128.8839,126.9899,127.345,135.0,134.6937,135.0,135.0,133.5325,135.0,135.0,125.9922,101.1615,111.9973],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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,44.7426,43.9514,43.6092,43.5213,42.9665,40.3725,37.7303],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,7.3213,17.4213,16.0315,17.3284,23.9244,31.6995,39.8301,37.8236,35.4216,35.3617,41.4682,37.3166,45.3063,44.5062,42.3956,45.0169,46.0092,42.4122,36.0161,33.8274],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,27.2007,23.6835,21.7942,20.1589,17.7614,14.7003,12.9503,12.2979,15.4684,14.1659,12.6661,20.5005,17.8677,17.1087,21.0395,19.6812,18.6198,20.0718,31.5247,31.6144],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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"]},{"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,4.4064,4.4087,4.5179,4.4726,4.4522,4.5333,4.5178,4.5515,4.6138,4.4549,4.3543,4.7539,4.7353,4.4701,4.439,4.2919,4.1801,4.3247,5.1802,5.051],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,10.9899,10.8862,14.6353,18.0206,18.2596,17.6769,17.1207,16.6331,17.3264,22.7567,29.6141,33.2828,35.3596,38.8391,44.3146,45.2988,48.7384,52.2032,53.3932,55.1706,56.1225,55.2808,50.9074,45.0943],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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"]},{"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 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