{"schema_version":"1.0","name":"MARSONS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"64c0fa40-35c0-43a7-a0df-4e8115b760de","symbol":"MARSONS","name":"Marsons Limited","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Industrials","industry":"Electrical Equipment & Parts"},"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, Range pressure and compression."},{"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":23,"displayedObservations":23,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","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":["2026-03-13","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"],"values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"opens":[137.0,138.800003,133.970001,133.649994,136.449997,136.0,173.0,162.0,156.800003,160.610001,142.449997,157.520004,131.529999,113.5,116.650002,112.440002,114.989998,117.400002,118.480003,113.0,111.75,111.150002,103.650002],"highs":[152.0,142.5,144.119995,138.339996,144.460007,168.899994,173.0,166.0,175.399994,161.850006,157.0,157.990005,137.300003,123.889999,118.639999,112.440002,115.800003,125.809998,123.760002,119.989998,114.0,113.489998,109.900002],"lows":[137.0,131.25,124.019997,120.0,134.009995,135.5,160.100006,152.5,152.660004,139.220001,140.149994,141.919998,128.440002,113.5,116.410004,112.440002,112.639999,116.830002,110.82,109.110001,108.360001,101.150002,100.25],"closes":[138.539993,133.970001,132.119995,135.869995,136.990005,167.210007,161.039993,154.199997,160.589996,143.080002,151.600006,143.029999,128.919998,117.459999,116.989998,112.440002,113.620003,118.860001,112.779999,109.919998,110.0,103.970001,104.519997],"hoverRows":[[{"label":"Open","value":"137.0","className":"is-ohlc","compact":true},{"label":"High","value":"152.0","className":"is-ohlc","compact":true},{"label":"Low","value":"137.0","className":"is-ohlc","compact":true},{"label":"Close","value":"138.5","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}]],"pressureRange":[-2.3,2.3],"priceRange":[100.175601,171.004407],"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 moved from the upper positioning area into the lower accumulation zone. Market Dynamics history is not yet sufficient to classify the move.","tone":"neutral"},"chartSummary":"Price is in the accumulation zone. The Market Dynamics bars show whether underlying conditions are repairing or continuing to weaken.","summary":"Across the displayed history, price has moved from the upper positioning area into the lower accumulation zone. Market Dynamics history is not yet sufficient to classify the move.","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":"Accumulation zone","detail":"Price is in the lower accumulation area. With limited Market Dynamics history, the zone describes location rather than a completed positioning signal.","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":23,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-04-17","price":167.210007}],"reversal_dangers":[{"date":"2026-04-24","price":161.039993}]}},"smTape":{"available":true,"dates":["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":[138.54,133.97,132.12,135.87,136.99,167.21,161.04,154.2,160.59,143.08,151.6,143.03,128.92,117.46,116.99,112.44,113.62,118.86,112.78,109.92,110.0,103.97,104.52],"consensus":[-79.4668,-51.6444,-19.403,42.3773,0.0,64.5588,15.0776,0.0,40.9943,-45.4974,19.7594,-34.3711,-55.7532,-51.7255,-43.5977,-43.8038,-35.6871,-13.5894,-42.5906,-40.3862,-28.6734,-52.1481,-26.0643],"supportDates":["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,64.7933,6.3766,0.0,24.5362,-37.3851,25.946,-34.0383,-56.0817,-44.2053,-39.5228,-36.7097,-35.3465,-18.7045,-47.1094,-45.2934,-33.2348,-50.4687,-24.3394],"force":[-79.4668,-51.6444,-19.403,42.3773,0.0,54.8264,16.8901,0.0,48.3925,-74.1769,41.8436,-46.4069,-49.3702,-41.8179,-16.3854,-19.2357,-11.552,-12.325,-39.807,-36.0437,-9.0737,-54.38,-3.1297],"direction":[null,null,null,null,0.0,71.2423,62.4306,0.0,54.5191,-34.2831,3.0855,-26.1545,-59.937,-67.3968,-67.6922,-69.4599,-53.3156,-26.2537,-39.4144,-37.8796,-37.4601,-52.4731,-44.4175],"intensity":[null,null,null,null,100.0,100.0,83.3333,42.8571,50.0,77.7778,40.0,45.4545,83.3333,69.2308,7.1429,20.0,6.25,64.7059,22.2222,10.5263,25.0,38.0952,9.0909],"confirmation":[48.096,39.1929,28.8756,36.2274,1.2323,88.3586,9.141,32.0685,81.5944,83.5568,52.8933,79.3706,85.6415,84.3648,81.184,81.3766,78.6895,28.7769,81.4753,80.7165,76.5087,84.781,53.0012],"persistence":[null,null,100.0,50.0,40.0,16.6667,0.0,0.0,25.0,25.0,50.0,25.0,12.5,12.5,37.5,50.0,75.0,75.0,100.0,100.0,100.0,100.0,100.0],"assessmentRisk":[null,null,null,null,21.0378,17.2209,41.5648,43.8984,28.0029,25.2542,42.7001,19.7427,21.6201,22.827,27.9146,27.5265,25.2111,12.6413,3.6514,4.3301,7.6061,22.3819,30.5562],"volumeParticipation":true,"latest":{"consensus":-26.1,"control":-24.3,"force":-3.1,"direction":-44.4,"confirmation":53.0,"persistence":100.0,"assessmentRisk":30.6,"intensity":9.1,"evidenceDepth":88},"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 downward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-26.1","detail":"Price structure has the available support","tone":"negative"},{"label":"SM Control Gauge","value":"-24.3","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-3.1","detail":"Commitment is limited","tone":"negative"},{"label":"SM Direction Gauge","value":"-44.4","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"53/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"26.7","detail":"Stretched negative","tone":"negative"},{"label":"Risk pressure","value":"12.1%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"6%","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 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