{"schema_version":"1.0","name":"TELY Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"6dcf144d-0968-47ca-a6bc-de3010b77668","symbol":"TELY","name":"TelyRx Holdings Inc.","exchange":"TOR","country":"CA","asset_type":"equity","currency":"CAD","sector":"Healthcare","industry":"Pharmaceutical Retailers"},"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, Drawdown and recovery pressure, 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":19,"displayedObservations":19,"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":["2026-04-10","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],"opens":[4.1,3.25,3.05,3.05,3.03,2.82,3.1,2.9,2.3,2.35,2.75,2.59,2.45,2.6,2.48,2.75,2.75,2.8,2.75],"highs":[4.25,3.25,3.9,3.3,3.15,3.0,3.3,2.9,2.5,2.35,2.75,2.59,2.45,2.6,3.1,2.85,2.95,2.8,2.89],"lows":[3.25,3.0,3.05,3.0,2.0,2.65,2.95,2.6,2.02,2.3,2.75,2.2,2.35,2.45,2.35,2.61,2.0,2.53,2.3],"closes":[3.28,3.0,3.1,3.03,2.79,2.8,3.0,2.65,2.2,2.3,2.75,2.55,2.35,2.5,2.75,2.85,2.75,2.7,2.6],"pressureRange":[-0.04,0.04],"priceRange":[2.2,3.28],"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":19,"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":["2026-04-10","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":[3.28,3.0,3.1,3.03,2.79,2.8,3.0,2.65,2.2,2.3,2.75,2.55,2.35,2.5,2.75,2.85,2.75,2.7,2.6],"consensus":[-94.0,-100.0,-88.2353,-46.4,-28.1475,-13.1166,-8.2264,-33.942,-41.9429,-33.6466,0.0,0.0,-28.2324,0.0,18.8078,25.5801,0.0,0.0,-12.5918],"supportDates":["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,-12.3417,-10.5467,-37.2403,-39.0001,-38.4846,0.0,0.0,-43.7886,0.0,15.5077,28.7118,0.0,0.0,-10.3097],"force":[-94.0,-100.0,-88.2353,-46.4,-9.9677,-4.0651,-6.0451,-33.0996,-36.1011,-13.1687,0.0,0.0,-20.0126,0.0,44.48,26.0297,0.0,0.0,-21.7916],"direction":[null,null,null,null,-41.133,-20.4676,-7.1326,-30.7744,-49.4787,-42.7446,0.0,0.0,-16.3252,0.0,4.2421,21.68,0.0,0.0,-8.6286],"intensity":[null,null,null,null,100.0,60.0,16.6667,28.5714,37.5,11.1111,40.0,45.4545,8.3333,7.6923,50.0,20.0,75.0,52.9412,16.6667],"confirmation":[52.7467,54.6667,50.902,37.5147,53.5094,49.2666,25.1973,78.7855,81.2885,78.0691,26.3872,24.9606,76.5468,24.7923,52.1845,76.1516,24.8692,0.8072,55.0],"persistence":[null,null,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,87.5,75.0,75.0,62.5,37.5,12.5,0.0,12.5,0.0],"assessmentRisk":[null,null,null,null,35.7764,37.4966,22.0453,31.1728,28.6156,32.2135,38.3376,14.82,41.164,36.1595,9.4039,28.9175,43.4983,32.7167,21.1058],"volumeParticipation":true,"latest":{"consensus":-12.6,"control":-10.3,"force":-21.8,"direction":-8.6,"confirmation":55.0,"persistence":0.0,"assessmentRisk":21.1,"intensity":16.7,"evidenceDepth":73},"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":"Control support is limited","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-12.6","detail":"Price structure has the available support","tone":"negative"},{"label":"SM Control Gauge","value":"-10.3","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-21.8","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-8.6","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"27.5","detail":"Stretched negative","tone":"negative"},{"label":"Risk pressure","value":"24.0%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"27%","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 downward.","series":[{"label":"Close","values":[3.28,3.0,3.1,3.03,2.79,2.8,3.0,2.65,2.2,2.3,2.75,2.55,2.35,2.5,2.75,2.85,2.75,2.7,2.6],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,3.1039,3.0487,3.0398,2.9689,2.8291,2.7329,2.736,2.7022,2.6382,2.613,2.6379,2.6765,2.6899,2.6917,2.675],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,2.9014,2.8717,2.8627,2.8617,2.8535,2.8421,2.8242],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,3.4734,3.4379,3.4064,3.3925,3.3649,3.3446,3.3349,3.3176,3.2994,3.2807],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,2.1566,2.1802,2.1686,2.1152,2.1065,2.1288,2.1526,2.1706,2.184,2.1877],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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":"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,-8.5366,3.3333,-2.2581,-7.9208,0.3584,7.1429,-11.6667,-16.9811,4.5455,19.5652,-7.2727,-7.8431,6.383,10.0,3.6364,-3.5088,-1.8182,-3.7037],"stroke":"#176fa3","width":1.7},{"label":"Cumulative progression","values":[0.0,-8.5366,-5.4878,-7.622,-14.939,-14.6341,-8.5366,-19.2073,-32.9268,-29.878,-16.1585,-22.2561,-28.3537,-23.7805,-16.1585,-13.1098,-16.1585,-17.6829,-20.7317],"stroke":"#07865c","width":2.0}],"guides":[{"label":"Starting level","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"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":[30.4878,8.3333,27.4194,9.901,41.2186,12.5,11.6667,11.3208,21.8182,2.1739,0.0,15.2941,4.2553,6.0,27.2727,8.4211,34.5455,10.0,22.6923],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[-20.0,-7.6923,1.6393,-0.6557,-7.9208,-0.7092,-3.2258,-8.6207,-4.3478,-2.1277,0.0,-1.5444,-4.0816,-3.8462,10.8871,3.6364,0.0,-3.5714,-5.4545],"stroke":"#176fa3","width":1.8}],"guides":[{"label":"Unchanged close","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,61.6527,83.7474,55.666,0.0,13.2127,16.6537,21.4067,427.2827,51.2305,395.0437,50.464,137.635],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,79.5108,66.6833,74.8093,74.8093,73.1841,71.2687,73.5904,134.0713,135.0,78.4463,71.4266,65.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"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,-8.5366,-5.4878,-7.622,-14.939,-14.6341,-8.5366,-19.2073,-32.9268,-29.878,-16.1585,-22.2561,-28.3537,-23.7805,-16.1585,-13.1098,-16.1585,-17.6829,-20.7317],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.0,0.0,4.5455,25.0,15.9091,6.8182,13.6364,25.0,29.5455,25.0,22.7273,18.1818],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,26.1517,24.0241,22.1269,23.7611,23.1867,23.9795],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,46.7763,44.7724,44.4037,46.3845,45.9976,44.4255,43.0898,41.7982,40.6835,39.9752],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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"]}]},"canonical_url":"https://sharemaestro.com/terminal/6dcf144d-0968-47ca-a6bc-de3010b77668/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/6dcf144d-0968-47ca-a6bc-de3010b77668/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/6dcf144d-0968-47ca-a6bc-de3010b77668/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/6dcf144d-0968-47ca-a6bc-de3010b77668/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/6dcf144d-0968-47ca-a6bc-de3010b77668/technical-pack/data.json"},"source_fingerprint":"1f12f25163ba01556fc12309b5cbdea8377e850cebec6cc18026ca8138cd2aef","content_hash":"a785d26a3a7675eb7d2dbe685f6fedd0f0aa41a568b277479e9bdf3687a97974","citation":"Sharemaestro, TELY Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/6dcf144d-0968-47ca-a6bc-de3010b77668/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."}