{"schema_version":"1.0","name":"ALKB Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"6f40a826-b5fa-4e94-9929-9828cb785030","symbol":"ALKB","name":"ALK-Abelló A/S","exchange":"VIE","country":"AT","asset_type":"equity","currency":"EUR","sector":"Healthcare","industry":"Biotechnology"},"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, Acceleration, deceleration and rollover, Range pressure and compression, 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":"2026-08-14","observations":20,"displayedObservations":20,"assetType":"Equity","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":["2026-04-03","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],"opens":[27.040001,27.34,28.18,28.18,30.379999,32.619999,34.220001,34.080002,35.419998,35.740002,35.98,34.380001,34.0,32.740002,32.5,32.32,32.220001,30.459999,29.9,30.040001],"highs":[27.540001,28.48,29.08,30.620001,31.879999,34.779999,34.259998,35.299999,35.98,35.779999,36.16,34.380001,34.0,32.799999,32.599998,32.540001,32.220001,30.559999,30.08,30.040001],"lows":[27.040001,27.24,28.059999,27.92,30.32,32.619999,33.380001,33.220001,34.799999,35.540001,35.98,33.380001,33.32,32.599998,32.419998,31.940001,30.280001,29.6,28.66,29.200001],"closes":[27.459999,28.48,28.34,30.200001,31.879999,34.119999,33.759998,35.200001,35.82,35.540001,36.16,33.380001,33.700001,32.599998,32.48,32.18,30.5,29.6,29.940001,29.200001],"pressureRange":[-0.04,0.04],"priceRange":[27.459999,36.16],"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":20,"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":["2026-04-03","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":[27.46,28.48,28.34,30.2,31.88,34.12,33.76,35.2,35.82,35.54,36.16,33.38,33.7,32.6,32.48,32.18,30.5,29.6,29.94,29.2],"consensus":[67.9992,100.0,-45.0979,68.8889,99.0302,84.7606,37.3644,80.1597,67.4836,28.4386,68.5115,-25.5047,9.9847,-41.2302,-29.2839,-34.9042,-73.9736,-77.0547,-24.2815,-74.7235],"supportDates":["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,80.6166,21.6685,87.2757,70.5402,6.8677,74.3046,-29.746,25.0065,-45.2634,-19.183,-26.3806,-69.5375,-78.6722,-7.3895,-75.1843],"force":[67.9992,100.0,-45.0979,68.8889,97.724,85.1051,5.389,58.944,35.7582,11.15,37.018,-53.1859,6.0795,-40.8744,-29.6594,-33.9973,-90.7893,-80.8734,-11.0186,-76.9821],"direction":[null,null,null,null,99.9632,89.2504,85.8407,87.1813,86.6514,81.3685,84.3861,-0.8854,4.2913,-36.875,-40.5597,-45.2932,-67.0322,-72.4784,-68.801,-72.5836],"intensity":[null,null,null,null,100.0,100.0,16.6667,57.1429,62.5,11.1111,10.0,90.9091,8.3333,53.8462,7.1429,20.0,75.0,70.5882,44.4444,26.3158],"confirmation":[44.4264,54.6667,37.098,44.7111,76.9633,95.197,57.3758,92.8961,88.5813,10.6012,88.8756,54.2738,26.4402,81.1214,77.5362,79.2716,92.2516,92.7492,9.3023,55.0],"persistence":[null,null,33.3333,50.0,60.0,66.6667,71.4286,75.0,75.0,75.0,100.0,75.0,75.0,50.0,25.0,0.0,25.0,50.0,75.0,75.0],"assessmentRisk":[null,null,null,null,0.4836,7.6196,31.316,9.9181,16.2451,31.2858,15.3038,30.9663,51.3821,28.2616,35.0015,18.7235,12.2187,10.6436,37.0378,12.2672],"volumeParticipation":true,"latest":{"consensus":-74.7,"control":-75.2,"force":-77.0,"direction":-72.6,"confirmation":55.0,"persistence":75.0,"assessmentRisk":12.3,"intensity":26.3,"evidenceDepth":77},"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":"Established","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-74.7","detail":"Completed tape has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-75.2","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-77.0","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-72.6","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":"56.3","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"3.6%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"24%","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":[27.46,28.48,28.34,30.2,31.88,34.12,33.76,35.2,35.82,35.54,36.16,33.38,33.7,32.6,32.48,32.18,30.5,29.6,29.94,29.2],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,28.8799,29.8327,30.5467,31.3928,32.1977,32.8054,33.4153,33.4089,33.4618,33.3051,33.1551,32.9778,32.5273,31.9951,31.6214,31.1812],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,31.1242,31.2335,31.3259,31.3891,31.3233,31.1956,31.1026,30.9617],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,38.2296,38.7662,38.5965,38.4819,38.2673,38.067,37.871,37.6832,37.5434,37.3871,37.2693],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,25.9304,26.1356,26.4602,26.755,26.967,27.149,27.2915,27.2344,27.0566,26.9645,26.7847],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"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,3.7145,-0.4916,6.5632,5.5629,7.0263,-1.0551,4.2654,1.7614,-0.7817,1.7445,-7.6881,0.9587,-3.2641,-0.3681,-0.9236,-5.2206,-2.9508,1.1487,-2.4716],"stroke":"#176fa3","width":1.7},{"label":"Cumulative progression","values":[0.0,3.7145,3.2047,9.9782,16.0961,24.2535,22.9425,28.1865,30.4443,29.4246,31.6825,21.5586,22.724,18.7181,18.2811,17.1886,11.0707,7.7932,9.0313,6.3365],"stroke":"#07865c","width":2.0}],"guides":[{"label":"Starting level","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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":[1.8208,4.3539,3.5992,8.9404,4.8933,6.3306,2.6066,5.9091,3.2943,0.6753,0.4978,2.9958,2.0178,0.6135,0.5542,1.8645,6.3607,3.2432,4.7428,2.8767],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[1.5532,4.1697,0.5678,7.1682,4.9375,4.5984,-1.3443,3.2864,1.1293,-0.5596,0.5003,-2.9087,-0.8823,-0.4276,-0.0615,-0.4332,-5.3383,-2.8234,0.1338,-2.7963],"stroke":"#176fa3","width":1.8}],"guides":[{"label":"Unchanged close","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,1.9505,1.7681,1.5955,1.4182,1.1291,0.8179,0.5919,0.3491],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,1.6369,1.4731,1.2969,1.1073],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.5078,-0.6552,-0.705,-0.7582],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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,3.2623,3.08,3.0199,3.413,3.4972,3.5493,3.5848],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,38.3392,38.922,37.3101,35.9518,34.6455,33.4827,32.471,32.1911,32.467,32.3925,32.7369],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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"]},{"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,-0.4916,0.0,0.0,0.0,-1.0551,0.0,0.0,-0.7817,0.0,-7.6881,-6.8031,-9.8451,-10.177,-11.0066,-15.6527,-18.1416,-17.2013,-19.2478],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,28.1865,30.4443,29.4246,31.6825,21.5586,22.724,18.7181,18.2811,17.1886,11.0707,7.7932,9.0313,6.3365],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]}]},"canonical_url":"https://sharemaestro.com/terminal/6f40a826-b5fa-4e94-9929-9828cb785030/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/6f40a826-b5fa-4e94-9929-9828cb785030/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/6f40a826-b5fa-4e94-9929-9828cb785030/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/6f40a826-b5fa-4e94-9929-9828cb785030/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/6f40a826-b5fa-4e94-9929-9828cb785030/technical-pack/data.json"},"source_fingerprint":"fc92e80db8d3533d83c115c102aa85aa938af6aed24603ee0bb4cd5ab1e22ea9","content_hash":"48f0093028cfc6b7ed7a0855850e86b96d8a70a027a26de039dfeb025c7e166e","citation":"Sharemaestro, ALKB Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/6f40a826-b5fa-4e94-9929-9828cb785030/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."}