{"schema_version":"1.0","name":"0901 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"64908781-4262-41f0-9820-7c05d91bd764","symbol":"0901","name":"Shenzhen SDMC Technology Co., Ltd.","exchange":"HKG","country":"HK","asset_type":"equity","currency":"HKD","sector":"Technology","industry":"Communication Equipment"},"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 position and boundary pressure, Range pressure and compression, Activity pressure and cumulative balance."},{"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":13,"displayedObservations":13,"assetType":"Equity","state":"Aligned upward","stateTone":"positive","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":["2026-05-29","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],"opens":[65.800003,67.0,61.0,59.25,67.5,58.150002,62.700001,59.650002,59.5,60.549999,62.5,63.349998,59.700001],"highs":[84.0,68.400002,63.0,65.300003,68.699997,64.75,62.700001,60.549999,62.799999,71.0,67.900002,70.0,88.449997],"lows":[57.0,58.650002,58.799999,59.25,62.0,56.849998,59.599998,58.349998,52.0,58.900002,60.799999,58.599998,59.200001],"closes":[62.0,59.5,61.0,63.599998,64.349998,64.0,61.599998,59.5,60.849998,61.200001,63.349998,59.049999,78.5],"hoverRows":[[{"label":"Open","value":"65.8","className":"is-ohlc","compact":true},{"label":"High","value":"84.0","className":"is-ohlc","compact":true},{"label":"Low","value":"57.0","className":"is-ohlc","compact":true},{"label":"Close","value":"62.0","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":"67.0","className":"is-ohlc","compact":true},{"label":"High","value":"68.4","className":"is-ohlc","compact":true},{"label":"Low","value":"58.7","className":"is-ohlc","compact":true},{"label":"Close","value":"59.5","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":"61.0","className":"is-ohlc","compact":true},{"label":"High","value":"63.0","className":"is-ohlc","compact":true},{"label":"Low","value":"58.8","className":"is-ohlc","compact":true},{"label":"Close","value":"61.0","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":"59.2","className":"is-ohlc","compact":true},{"label":"High","value":"65.3","className":"is-ohlc","compact":true},{"label":"Low","value":"59.2","className":"is-ohlc","compact":true},{"label":"Close","value":"63.6","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":"67.5","className":"is-ohlc","compact":true},{"label":"High","value":"68.7","className":"is-ohlc","compact":true},{"label":"Low","value":"62.0","className":"is-ohlc","compact":true},{"label":"Close","value":"64.3","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":"58.2","className":"is-ohlc","compact":true},{"label":"High","value":"64.8","className":"is-ohlc","compact":true},{"label":"Low","value":"56.8","className":"is-ohlc","compact":true},{"label":"Close","value":"64.0","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":"62.7","className":"is-ohlc","compact":true},{"label":"High","value":"62.7","className":"is-ohlc","compact":true},{"label":"Low","value":"59.6","className":"is-ohlc","compact":true},{"label":"Close","value":"61.6","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":"59.7","className":"is-ohlc","compact":true},{"label":"High","value":"60.5","className":"is-ohlc","compact":true},{"label":"Low","value":"58.3","className":"is-ohlc","compact":true},{"label":"Close","value":"59.5","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":"59.5","className":"is-ohlc","compact":true},{"label":"High","value":"62.8","className":"is-ohlc","compact":true},{"label":"Low","value":"52.0","className":"is-ohlc","compact":true},{"label":"Close","value":"60.8","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":"60.5","className":"is-ohlc","compact":true},{"label":"High","value":"71.0","className":"is-ohlc","compact":true},{"label":"Low","value":"58.9","className":"is-ohlc","compact":true},{"label":"Close","value":"61.2","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":"62.5","className":"is-ohlc","compact":true},{"label":"High","value":"67.9","className":"is-ohlc","compact":true},{"label":"Low","value":"60.8","className":"is-ohlc","compact":true},{"label":"Close","value":"63.3","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":"63.3","className":"is-ohlc","compact":true},{"label":"High","value":"70.0","className":"is-ohlc","compact":true},{"label":"Low","value":"58.6","className":"is-ohlc","compact":true},{"label":"Close","value":"59.0","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":"59.7","className":"is-ohlc","compact":true},{"label":"High","value":"88.4","className":"is-ohlc","compact":true},{"label":"Low","value":"59.2","className":"is-ohlc","compact":true},{"label":"Close","value":"78.5","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}]],"pressureRange":[-2.3,2.3],"priceRange":[57.882999,79.667],"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":"Across the displayed history, price has progressed from the lower accumulation area, through the middle range and into the upper positioning zone. This describes price location only; it does not establish active distribution or a reversal.","tone":"neutral"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Across the displayed history, price has progressed from the lower accumulation area, through the middle range and into the upper positioning zone. This describes price location only; it does not establish active distribution or a reversal.","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":"Upper positioning zone","detail":"Price is in the area labelled as the distribution zone on the chart. With limited Market Dynamics history, the label describes location and extension only.","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":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":false,"observations":13,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-29","price":62.0},{"date":"2026-07-24","price":60.849998},{"date":"2026-08-21","price":78.5}],"reversal_dangers":[{"date":"2026-06-05","price":59.5},{"date":"2026-07-31","price":61.200001}]}},"smTape":{"available":true,"dates":["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":[62.0,59.5,61.0,63.6,64.35,64.0,61.6,59.5,60.85,61.2,63.35,59.05,78.5],"consensus":[-62.963,-82.5641,0.0,25.4049,0.0,14.3834,0.0,-8.2811,0.0,0.0,0.0,-21.6896,57.3594],"supportDates":["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,18.6114,0.0,-5.8975,0.0,0.0,0.0,-24.8536,45.6585],"force":[-62.963,-82.5641,0.0,25.4049,0.0,15.0711,0.0,-7.1576,0.0,0.0,0.0,-36.4029,82.6648],"direction":[null,null,null,null,0.0,9.0602,0.0,-11.8079,0.0,0.0,0.0,-7.5641,52.6566],"intensity":[null,null,null,null,50.0,60.0,33.3333,14.2857,87.5,88.8889,40.0,54.5455,100.0],"confirmation":[42.8148,49.0872,1.5238,30.7962,24.8721,72.5592,0.2414,25.3187,48.7274,2.161,1.5076,52.6742,55.0],"persistence":[null,null,66.6667,25.0,20.0,0.0,0.0,12.5,0.0,12.5,12.5,12.5,0.0],"assessmentRisk":[null,null,null,null,39.9967,42.2437,15.1778,44.5467,50.1847,42.5904,35.2372,0.4836,21.0881],"volumeParticipation":true,"latest":{"consensus":57.4,"control":45.7,"force":82.7,"direction":52.7,"confirmation":55.0,"persistence":0.0,"assessmentRisk":21.1,"intensity":100.0,"evidenceDepth":50},"analysis":{"status":"Price structure has the available support","headline":"The gauges support the price-technical view","summary":"Market Dynamics does not provide a directional confirmation. The completed evidence supports the upward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"positive","supportedView":"Price structure","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is strengthening","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+57.4","detail":"Price structure has the available support","tone":"positive"},{"label":"SM Control Gauge","value":"+45.7","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+82.7","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+52.7","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"-","detail":"Developing","tone":"neutral"},{"label":"Risk pressure","value":"-","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"73%","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":[62.0,59.5,61.0,63.6,64.35,64.0,61.6,59.5,60.85,61.2,63.35,59.05,78.5],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,62.2946,62.6047,62.422,61.8907,61.7015,61.6103,61.9266,61.4036,64.512],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,62.9773],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,65.0542,65.1758,65.1736,72.5445],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,58.4658,58.6333,58.1597,53.3785],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,-4.0323,2.521,4.2623,1.1792,-0.5439,-3.75,-3.4091,2.2689,0.5752,3.5131,-6.7877,32.9382],"stroke":"#176fa3","width":1.7},{"label":"Cumulative progression","values":[0.0,-4.0323,-1.6129,2.5806,3.7903,3.2258,-0.6452,-4.0323,-1.8548,-1.2903,2.1774,-4.7581,26.6129],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":[43.5484,16.3866,6.8852,9.5126,10.4118,12.3438,5.0325,3.6975,17.7486,19.7712,11.2076,19.3057,37.2611],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[-5.7751,-11.194,0.0,7.3418,-4.6667,10.0602,-1.7544,-0.2515,2.2689,1.0735,1.36,-6.7877,31.4908],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,9.7606,27.6562,28.75,35.4687,22.0312,72.7023],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-29.1667,-27.5595,-27.1429,-24.5833,-29.7024,-11.2493],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,4.6614,17.0192,17.6923,21.8269,13.5577,50.9615],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,10.6677,10.5686,11.374,30.4408],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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,17.4814,64.2662,64.1728,63.4445,113.3679,145.787],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,119.4794,135.0,135.0,135.0,120.7012,135.0],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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/64908781-4262-41f0-9820-7c05d91bd764/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/64908781-4262-41f0-9820-7c05d91bd764/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/64908781-4262-41f0-9820-7c05d91bd764/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/64908781-4262-41f0-9820-7c05d91bd764/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/64908781-4262-41f0-9820-7c05d91bd764/technical-pack/data.json"},"source_fingerprint":"08948b4d7c4e27f09f51c0da78d3b2a3c74a7f22cfaab393d3ab1dae76ba5259","content_hash":"a28ffd0711b69953db172e5b22ffac39cbb9f7fa10627cba87c8d25c2a3664b0","citation":"Sharemaestro, 0901 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/64908781-4262-41f0-9820-7c05d91bd764/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."}