{"schema_version":"1.0","name":"CAKS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"6abcda46-b8ed-4bff-b0c9-9fae0871509a","symbol":"CAKS","name":"Calamos Autocallable Income UCITS ETF USD Acc","exchange":"LSE","country":"GB","asset_type":"etf","currency":"GBP","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":13,"displayedObservations":13,"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":["2026-05-29","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":[7.807,7.824,7.758,7.904,7.83,7.829,7.842,7.7675,7.751,7.7335,7.844,7.929,7.883],"highs":[7.831,7.824,7.758,7.904,7.83,7.829,7.842,7.7675,7.8065,7.782,7.992,7.983,7.883],"lows":[7.8015,7.824,7.758,7.904,7.823,7.829,7.842,7.7675,7.7365,7.666,7.844,7.929,7.7665],"closes":[7.8145,7.824,7.758,7.904,7.823,7.829,7.842,7.7675,7.7825,7.697,7.9785,7.9555,7.7665],"hoverRows":[[{"label":"Open","value":"7.81","className":"is-ohlc","compact":true},{"label":"High","value":"7.83","className":"is-ohlc","compact":true},{"label":"Low","value":"7.80","className":"is-ohlc","compact":true},{"label":"Close","value":"7.81","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":"7.82","className":"is-ohlc","compact":true},{"label":"High","value":"7.82","className":"is-ohlc","compact":true},{"label":"Low","value":"7.82","className":"is-ohlc","compact":true},{"label":"Close","value":"7.82","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":"7.76","className":"is-ohlc","compact":true},{"label":"High","value":"7.76","className":"is-ohlc","compact":true},{"label":"Low","value":"7.76","className":"is-ohlc","compact":true},{"label":"Close","value":"7.76","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":"7.90","className":"is-ohlc","compact":true},{"label":"High","value":"7.90","className":"is-ohlc","compact":true},{"label":"Low","value":"7.90","className":"is-ohlc","compact":true},{"label":"Close","value":"7.90","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":"7.83","className":"is-ohlc","compact":true},{"label":"High","value":"7.83","className":"is-ohlc","compact":true},{"label":"Low","value":"7.82","className":"is-ohlc","compact":true},{"label":"Close","value":"7.82","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":"7.83","className":"is-ohlc","compact":true},{"label":"High","value":"7.83","className":"is-ohlc","compact":true},{"label":"Low","value":"7.83","className":"is-ohlc","compact":true},{"label":"Close","value":"7.83","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":"7.84","className":"is-ohlc","compact":true},{"label":"High","value":"7.84","className":"is-ohlc","compact":true},{"label":"Low","value":"7.84","className":"is-ohlc","compact":true},{"label":"Close","value":"7.84","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":"7.77","className":"is-ohlc","compact":true},{"label":"High","value":"7.77","className":"is-ohlc","compact":true},{"label":"Low","value":"7.77","className":"is-ohlc","compact":true},{"label":"Close","value":"7.77","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":"7.75","className":"is-ohlc","compact":true},{"label":"High","value":"7.81","className":"is-ohlc","compact":true},{"label":"Low","value":"7.74","className":"is-ohlc","compact":true},{"label":"Close","value":"7.78","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":"7.73","className":"is-ohlc","compact":true},{"label":"High","value":"7.78","className":"is-ohlc","compact":true},{"label":"Low","value":"7.67","className":"is-ohlc","compact":true},{"label":"Close","value":"7.70","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":"7.84","className":"is-ohlc","compact":true},{"label":"High","value":"7.99","className":"is-ohlc","compact":true},{"label":"Low","value":"7.84","className":"is-ohlc","compact":true},{"label":"Close","value":"7.98","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":"7.93","className":"is-ohlc","compact":true},{"label":"High","value":"7.98","className":"is-ohlc","compact":true},{"label":"Low","value":"7.93","className":"is-ohlc","compact":true},{"label":"Close","value":"7.96","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":"7.88","className":"is-ohlc","compact":true},{"label":"High","value":"7.88","className":"is-ohlc","compact":true},{"label":"Low","value":"7.77","className":"is-ohlc","compact":true},{"label":"Close","value":"7.77","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":[7.68011,7.99539],"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":13,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-29","price":7.8145}],"reversal_dangers":[{"date":"2026-06-05","price":7.824}]}},"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":[7.8145,7.824,7.758,7.904,7.823,7.829,7.842,7.7675,7.7825,7.697,7.9785,7.9555,7.7665],"consensus":[-11.8644,0.0,0.0,0.0,-17.8395,9.1172,31.6729,-56.6781,-9.8525,-71.3712,81.6741,40.7478,-57.6067],"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,8.4818,20.8033,-49.1117,-4.1616,-62.5379,76.6535,28.5659,-58.0805],"force":[-11.8644,0.0,0.0,0.0,-56.7954,8.007,30.2487,-54.1394,-21.0075,-78.6092,95.029,13.8601,-83.5017],"direction":[null,null,null,null,-9.9862,10.6364,45.1124,-67.1387,-47.9113,-76.2964,77.8728,73.8754,-38.5687],"intensity":[null,null,null,null,75.0,20.0,33.3333,71.4286,50.0,88.8889,100.0,72.7273,91.6667],"confirmation":[26.4633,0.0,0.0,0.0,10.6851,70.8934,78.2575,86.1749,7.7952,91.194,94.6192,80.4055,55.0],"persistence":[null,null,33.3333,25.0,40.0,16.6667,0.0,12.5,12.5,25.0,12.5,0.0,0.0],"assessmentRisk":[null,null,null,null,13.6348,1.453,24.9356,19.2877,21.4346,12.0662,1.3637,26.8269,21.9385],"volumeParticipation":false,"latest":{"consensus":-57.6,"control":-58.1,"force":-83.5,"direction":-38.6,"confirmation":55.0,"persistence":0.0,"assessmentRisk":21.9,"intensity":91.7,"evidenceDepth":50},"analysis":{"status":"Completed tape has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Completed tape","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-57.6","detail":"Completed tape has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-58.1","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-83.5","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-38.6","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"55/100","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":"-","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"31%","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":[7.8145,7.824,7.758,7.904,7.823,7.829,7.842,7.7675,7.7825,7.697,7.9785,7.9555,7.7665],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,7.8234,7.8244,7.8276,7.8167,7.8105,7.7898,7.8241,7.848,7.8332],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,7.8239],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,7.9105,7.9626,7.987,7.9799],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,7.6978,7.6774,7.6756,7.6727],"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,0.1216,-0.8436,1.8819,-1.0248,0.0767,0.166,-0.95,0.1931,-1.0986,3.6573,-0.2883,-2.3757],"stroke":"#176fa3","width":1.7},{"label":"Cumulative progression","values":[0.0,0.1216,-0.723,1.1453,0.1088,0.1856,0.3519,-0.6014,-0.4095,-1.5036,2.0987,1.8043,-0.6142],"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":[0.3775,0.0,0.0,0.0,0.0895,0.0,0.0,0.0,0.8995,1.5071,1.855,0.6788,1.5],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[0.0961,0.0,0.0,0.0,-0.0894,0.0,0.0,0.0,0.4064,-0.472,1.7147,0.3342,-1.4779],"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":"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,2.7266,3.6475,3.9774,3.9243],"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":"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,6.5068,27.4627,13.0252,95.8589,88.8037,30.8282],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-1.727,-1.5372,-2.6189,-0.1689,-0.4567,-2.8216],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,0.1225,0.5946,0.4044,4.0764,3.7764,1.311],"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":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[0.0,0.0,-0.8436,0.0,-1.0248,-0.9489,-0.7844,-1.727,-1.5372,-2.6189,0.0,-0.2883,-2.6571],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.1225,0.3158,0.0,3.6573,3.3585,0.9029],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","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"]}]},"canonical_url":"https://sharemaestro.com/terminal/6abcda46-b8ed-4bff-b0c9-9fae0871509a/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/6abcda46-b8ed-4bff-b0c9-9fae0871509a/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/6abcda46-b8ed-4bff-b0c9-9fae0871509a/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/6abcda46-b8ed-4bff-b0c9-9fae0871509a/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/6abcda46-b8ed-4bff-b0c9-9fae0871509a/technical-pack/data.json"},"source_fingerprint":"1cbef73b43a84992e8cabcf21b9325da465e14925abd91b35ee189cd695f81b6","content_hash":"3bcf12e78a33d2804cc55540c0149c2a445a7d9245b8bdd343a090a4ea33b94e","citation":"Sharemaestro, CAKS Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/6abcda46-b8ed-4bff-b0c9-9fae0871509a/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."}