{"schema_version":"1.0","name":"FMAC Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"64db74ab-b1bf-485d-a580-f8db7fdda8e2","symbol":"FMAC","name":"FirstMark Horizon Acquisition Corp","exchange":"NASDAQ","country":"US","asset_type":"equity","currency":"USD","sector":"Communication Services","industry":"Diversified Telecommunication Services"},"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, Activity pressure and cumulative balance, Range pressure and compression, Range position and boundary 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":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":["2026-05-22","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],"opens":[9.9,9.94,9.9699,9.98,9.98,10.0,10.0,10.02,10.0,9.995,10.01,10.03,10.04],"highs":[9.96,9.97,9.98,9.98,10.01,10.02,10.02,10.02,10.0,10.01,10.03,10.04,10.055],"lows":[9.9,9.94,9.955,9.96,9.975,9.96,9.96,9.95,9.96,9.995,9.98,10.005,10.02],"closes":[9.94,9.97,9.98,9.96,10.01,9.98,10.02,10.0,9.98,10.01,10.03,10.04,10.02],"pressureRange":[-0.04,0.04],"priceRange":[9.94,10.04],"zones":{"accumulationBoundary":0.06,"distributionBoundary":0.94},"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":13,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"distribution_rollovers":[],"price_pressure_gaps":[]}},"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"],"close":[9.94,9.97,9.98,9.96,10.01,9.98,10.02,10.0,9.98,10.01,10.03,10.04,10.02],"consensus":[33.3333,100.0,100.0,-58.0,64.6925,0.0,47.2112,9.9246,-14.0003,43.7884,38.6504,43.8109,1.0598],"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"],"control":[null,null,null,null,null,0.0,50.2794,2.4592,-9.6938,49.8855,44.3159,44.2176,15.6993],"force":[33.3333,100.0,100.0,-58.0,44.1075,0.0,37.0666,15.1045,-26.9278,42.8154,32.5682,33.3957,21.6623],"direction":[null,null,null,null,79.396,0.0,50.9509,36.3343,-9.6881,37.5152,36.5201,50.7855,36.4431],"intensity":[null,null,null,null,100.0,60.0,83.3333,42.8571,50.0,66.6667,50.0,54.5455,50.0],"confirmation":[33.3333,54.6667,54.6667,41.2267,65.0939,27.851,82.7517,5.7491,72.9397,81.8897,80.0964,81.6959,30.5392],"persistence":[null,null,100.0,50.0,60.0,50.0,57.1429,62.5,37.5,37.5,37.5,62.5,50.0],"assessmentRisk":[null,null,null,null,17.2102,17.1116,19.9977,38.5592,31.3742,16.9091,2.0377,23.4659,44.7805],"volumeParticipation":true,"latest":{"consensus":1.1,"control":15.7,"force":21.7,"direction":36.4,"confirmation":30.5,"persistence":50.0,"assessmentRisk":44.8,"intensity":50.0,"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":"Broadly stable","forceState":"Upward commitment","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Developing","confirmationState":"Limited support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+1.1","detail":"Price structure has the available support","tone":"positive"},{"label":"SM Control Gauge","value":"+15.7","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+21.7","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+36.4","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"31/100","detail":"Limited support","tone":"caution"}]},"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":"77%","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":[9.94,9.97,9.98,9.96,10.01,9.98,10.02,10.0,9.98,10.01,10.03,10.04,10.02],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,9.9636,9.9665,9.9763,9.9806,9.9805,9.9858,9.9939,10.0023,10.0055],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,9.9792],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,10.0325,10.0413,10.0507,10.0523],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,9.9375,9.9369,9.936,9.9385],"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"]},{"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,0.3018,0.1003,-0.2004,0.502,-0.2997,0.4008,-0.1996,-0.2,0.3006,0.1998,0.0997,-0.1992],"stroke":"#176fa3","width":1.7},{"label":"Cumulative progression","values":[0.0,0.3018,0.4024,0.2012,0.7042,0.4024,0.8048,0.6036,0.4024,0.7042,0.9054,1.006,0.8048],"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":["2026-05-22","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":"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":[0.6036,0.3009,0.2505,0.2008,0.3497,0.6012,0.5988,0.7,0.4008,0.1499,0.4985,0.3486,0.3493],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[0.404,0.3018,0.1013,-0.2004,0.3006,-0.2,0.2,-0.1996,-0.2,0.1501,0.1998,0.0997,-0.1992],"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":["2026-05-22","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,12.7362,7.1005,5.846,4.6189,14.0124,2.9204],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,132.4842,131.7118,132.2875,132.7028,133.8712,133.6459],"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":["2026-05-22","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],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,0.9522,1.045,1.1477,1.1386],"stroke":"#b87806","width":1.7}],"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"]},{"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,83.3333,66.6667,91.6667,100.0,100.0,77.4194],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-0.1996,-0.3992,-0.0998,0.0,0.0,-0.3481],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,1.0101,0.8081,1.1111,1.3131,1.4141,1.2121],"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":["2026-05-22","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"]}]},"canonical_url":"https://sharemaestro.com/terminal/64db74ab-b1bf-485d-a580-f8db7fdda8e2/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/64db74ab-b1bf-485d-a580-f8db7fdda8e2/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/64db74ab-b1bf-485d-a580-f8db7fdda8e2/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/64db74ab-b1bf-485d-a580-f8db7fdda8e2/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/64db74ab-b1bf-485d-a580-f8db7fdda8e2/technical-pack/data.json"},"source_fingerprint":"026e95470fa324420dd30f372e79c3fc035c264c8af36fc2d1a90ae0bba6827e","content_hash":"b9c1c21f86b742ca5568389ccbcf8e16823820ba24d532f31044af40306f244f","citation":"Sharemaestro, FMAC Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/64db74ab-b1bf-485d-a580-f8db7fdda8e2/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."}