{"schema_version":"1.0","name":"2543 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"6f858cc8-16bf-43b8-8668-c3662c227a17","symbol":"2543","name":"Dahon Tech (Shenzhen) Co., Ltd.","exchange":"HKG","country":"HK","asset_type":"equity","currency":"HKD","sector":"Consumer Cyclical","industry":"Leisure"},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","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, Drawdown and recovery pressure, Acceleration, deceleration and rollover, Directional strength and control, Range pressure and compression, Activity pressure and cumulative balance."},{"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":50,"displayedObservations":50,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","evidenceAlignment":{"status":"Underlying strength ahead of price","headline":"Market Dynamics is improving before price has fully responded","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","take":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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","2026-08-21"],"values":[-0.319027,-0.420896,-0.372532,-0.401617,-0.521708,-0.544369,-0.328462,-0.008174,0.363714,0.69124,0.788512,0.751133,0.705772,0.591179,0.365856,0.24714,0.080411,0.189698,0.438161,0.597112,0.804303,0.871136],"opens":[27.864659,28.802831,28.476398,29.110059,28.130763,27.362689,26.36419,28.80283,28.802831,30.200001,30.66,28.799999,31.4,25.5,25.280001,27.139999,27.959999,27.620001,28.0,29.219999,30.0,30.0],"highs":[30.103096,28.802831,30.876634,29.378886,29.436492,27.535507,29.474898,30.242971,32.799999,32.900002,30.66,31.459999,31.6,26.200001,26.5,27.9,27.959999,28.4,29.379999,30.299999,31.4,31.0],"lows":[26.629662,26.690622,28.476398,26.690622,26.921046,26.325786,25.000857,27.919542,28.341986,28.959999,27.48,28.799999,28.540001,24.879999,25.280001,27.139999,26.5,26.299999,26.0,29.0,29.700001,29.379999],"closes":[29.427706,28.457195,29.11006,28.130764,27.362688,26.364189,28.956446,28.80283,32.599998,30.0,28.5,31.4,28.780001,25.5,25.879999,27.299999,26.5,27.5,29.219999,29.780001,30.700001,29.700001],"hoverRows":[[{"label":"Open","value":"27.9","className":"is-ohlc","compact":true},{"label":"High","value":"30.1","className":"is-ohlc","compact":true},{"label":"Low","value":"26.6","className":"is-ohlc","compact":true},{"label":"Close","value":"29.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.32","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"28.8","className":"is-ohlc","compact":true},{"label":"High","value":"28.8","className":"is-ohlc","compact":true},{"label":"Low","value":"26.7","className":"is-ohlc","compact":true},{"label":"Close","value":"28.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.42","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"28.5","className":"is-ohlc","compact":true},{"label":"High","value":"30.9","className":"is-ohlc","compact":true},{"label":"Low","value":"28.5","className":"is-ohlc","compact":true},{"label":"Close","value":"29.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.37","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"29.1","className":"is-ohlc","compact":true},{"label":"High","value":"29.4","className":"is-ohlc","compact":true},{"label":"Low","value":"26.7","className":"is-ohlc","compact":true},{"label":"Close","value":"28.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.40","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"28.1","className":"is-ohlc","compact":true},{"label":"High","value":"29.4","className":"is-ohlc","compact":true},{"label":"Low","value":"26.9","className":"is-ohlc","compact":true},{"label":"Close","value":"27.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.52","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"27.4","className":"is-ohlc","compact":true},{"label":"High","value":"27.5","className":"is-ohlc","compact":true},{"label":"Low","value":"26.3","className":"is-ohlc","compact":true},{"label":"Close","value":"26.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.54","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.4","className":"is-ohlc","compact":true},{"label":"High","value":"29.5","className":"is-ohlc","compact":true},{"label":"Low","value":"25.0","className":"is-ohlc","compact":true},{"label":"Close","value":"29.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.33","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"28.8","className":"is-ohlc","compact":true},{"label":"High","value":"30.2","className":"is-ohlc","compact":true},{"label":"Low","value":"27.9","className":"is-ohlc","compact":true},{"label":"Close","value":"28.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.01","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"28.8","className":"is-ohlc","compact":true},{"label":"High","value":"32.8","className":"is-ohlc","compact":true},{"label":"Low","value":"28.3","className":"is-ohlc","compact":true},{"label":"Close","value":"32.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.36","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.2","className":"is-ohlc","compact":true},{"label":"High","value":"32.9","className":"is-ohlc","compact":true},{"label":"Low","value":"29.0","className":"is-ohlc","compact":true},{"label":"Close","value":"30.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.69","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.7","className":"is-ohlc","compact":true},{"label":"High","value":"30.7","className":"is-ohlc","compact":true},{"label":"Low","value":"27.5","className":"is-ohlc","compact":true},{"label":"Close","value":"28.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.79","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"28.8","className":"is-ohlc","compact":true},{"label":"High","value":"31.5","className":"is-ohlc","compact":true},{"label":"Low","value":"28.8","className":"is-ohlc","compact":true},{"label":"Close","value":"31.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.75","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"31.4","className":"is-ohlc","compact":true},{"label":"High","value":"31.6","className":"is-ohlc","compact":true},{"label":"Low","value":"28.5","className":"is-ohlc","compact":true},{"label":"Close","value":"28.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.71","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"25.5","className":"is-ohlc","compact":true},{"label":"High","value":"26.2","className":"is-ohlc","compact":true},{"label":"Low","value":"24.9","className":"is-ohlc","compact":true},{"label":"Close","value":"25.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.59","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"25.3","className":"is-ohlc","compact":true},{"label":"High","value":"26.5","className":"is-ohlc","compact":true},{"label":"Low","value":"25.3","className":"is-ohlc","compact":true},{"label":"Close","value":"25.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.37","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"27.1","className":"is-ohlc","compact":true},{"label":"High","value":"27.9","className":"is-ohlc","compact":true},{"label":"Low","value":"27.1","className":"is-ohlc","compact":true},{"label":"Close","value":"27.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.25","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"28.0","className":"is-ohlc","compact":true},{"label":"High","value":"28.0","className":"is-ohlc","compact":true},{"label":"Low","value":"26.5","className":"is-ohlc","compact":true},{"label":"Close","value":"26.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.08","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"27.6","className":"is-ohlc","compact":true},{"label":"High","value":"28.4","className":"is-ohlc","compact":true},{"label":"Low","value":"26.3","className":"is-ohlc","compact":true},{"label":"Close","value":"27.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.19","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"28.0","className":"is-ohlc","compact":true},{"label":"High","value":"29.4","className":"is-ohlc","compact":true},{"label":"Low","value":"26.0","className":"is-ohlc","compact":true},{"label":"Close","value":"29.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.44","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"29.2","className":"is-ohlc","compact":true},{"label":"High","value":"30.3","className":"is-ohlc","compact":true},{"label":"Low","value":"29.0","className":"is-ohlc","compact":true},{"label":"Close","value":"29.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.60","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.0","className":"is-ohlc","compact":true},{"label":"High","value":"31.4","className":"is-ohlc","compact":true},{"label":"Low","value":"29.7","className":"is-ohlc","compact":true},{"label":"Close","value":"30.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.80","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.0","className":"is-ohlc","compact":true},{"label":"High","value":"31.0","className":"is-ohlc","compact":true},{"label":"Low","value":"29.4","className":"is-ohlc","compact":true},{"label":"Close","value":"29.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.87","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[25.074,33.025998],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.871136,"state":"Positive Market Dynamics ahead of price","context":{"scenario":"dynamicsAhead","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"diagnosis":{"label":"Underlying strength ahead of price","detail":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","annotations":[{"label":"Current tape relationship","value":"Underlying strength ahead of price","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","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":"Leading price","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":22,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","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","2026-08-21"],"close":[53.0664,58.0835,54.0794,51.5708,48.1842,47.1615,46.1002,44.46,42.9548,42.4724,37.8604,40.0796,39.848,39.2305,36.0272,34.5028,34.908,34.387,36.529,37.6289,36.8763,34.0204,34.387,34.0975,31.6082,28.8681,27.2086,28.0383,29.4277,28.4572,29.1101,28.1308,27.3627,26.3642,28.9564,28.8028,32.6,30.0,28.5,31.4,28.78,25.5,25.88,27.3,26.5,27.5,29.22,29.78,30.7,29.7],"consensus":[-42.8572,-15.6862,-60.7595,-22.0952,-26.1238,-18.9539,-20.4519,-26.0546,-31.1773,-26.6222,-42.9311,0.0,-12.9345,-18.3598,-37.3939,-40.9098,-17.812,-25.2047,0.0,0.0,-11.0603,-32.0905,-18.2467,-29.3972,-40.6218,-46.4657,-48.3794,-21.6653,0.0,-14.3701,-8.8271,-18.7683,-29.9668,-38.3499,22.9357,0.0,52.3739,0.0,-25.4228,37.8776,-34.2905,-37.6424,-18.4616,-14.9797,-32.9832,8.6797,34.6946,23.5018,32.9289,1.5112],"supportDates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","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","2026-08-21"],"control":[null,null,null,null,null,-14.2264,-18.6133,-26.934,-37.9962,-31.2507,-43.0234,0.0,-8.0928,-16.7134,-46.2002,-46.5954,-15.1118,-26.5176,0.0,0.0,-19.4518,-43.1083,-21.9677,-37.9292,-40.9955,-50.5928,-54.1606,-20.5557,0.0,-12.322,-18.1418,-23.4403,-35.5141,-48.5111,21.2334,0.0,48.3193,0.0,-27.1976,42.4463,-37.8539,-40.3804,-17.1944,-13.2479,-41.3901,2.0644,30.6484,20.8173,28.4049,10.0602],"force":[-42.8572,-15.6862,-60.7595,-22.0952,-22.405,-10.6213,-12.1152,-18.475,-21.3788,-14.9761,-39.0696,0.0,-0.1413,-5.993,-28.4251,-25.6657,-1.3004,-12.2718,0.0,0.0,-8.0203,-31.3693,-6.7029,-20.2915,-44.1674,-43.174,-37.2998,-8.7676,0.0,-4.1776,-6.7682,-10.8706,-21.7727,-29.8968,66.3849,0.0,76.367,0.0,-45.837,45.0378,-49.2207,-30.8678,-0.9334,-3.2323,-30.0252,22.0604,50.7022,17.9355,27.3958,15.5818],"direction":[null,null,null,null,-28.7801,-30.3087,-28.508,-30.4634,-30.3832,-29.6512,-45.5838,0.0,-27.8076,-29.0748,-33.7358,-45.3005,-32.692,-32.9419,0.0,0.0,-3.6413,-20.0138,-22.2396,-26.1504,-37.6622,-44.1003,-49.6862,-44.6713,0.0,-23.991,-9.3214,-19.0701,-29.4799,-32.775,6.154,0.0,39.8699,0.0,-8.813,27.5419,-19.5536,-39.3523,-32.4298,-25.3499,-25.4883,6.6825,27.8848,30.5458,42.0512,26.945],"intensity":[null,null,null,null,25.0,60.0,16.6667,14.2857,37.5,11.1111,90.0,36.3636,8.3333,23.0769,57.1429,40.0,31.25,11.7647,50.0,26.3158,15.0,66.6667,4.5455,34.7826,79.1667,60.0,42.3077,18.5185,28.5714,27.5862,53.3333,41.9355,15.625,48.4848,67.6471,77.1429,86.1111,64.8649,60.5263,74.359,65.0,95.122,2.381,39.5349,15.9091,20.0,36.9565,78.7234,20.8333,20.4082],"confirmation":[36.381,27.6863,42.1097,29.7371,53.5229,73.8833,74.3186,76.0931,77.5742,76.0937,81.6189,5.6994,49.1778,50.8567,79.5585,80.5399,50.5711,75.6513,4.9093,25.2801,48.6521,78.0791,50.7638,76.9996,81.1013,82.7058,83.0556,30.5594,6.1886,49.6523,48.9847,73.694,77.2551,79.8595,55.3357,24.3884,85.5527,29.2267,76.7304,80.2694,79.3737,79.7974,50.7261,49.7952,78.3364,25.9528,79.6518,75.3919,78.4375,28.2759],"persistence":[null,null,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,87.5,87.5,87.5,87.5,87.5,87.5,87.5,75.0,75.0,75.0,75.0,75.0,75.0,75.0,75.0,87.5,100.0,87.5,87.5,87.5,87.5,87.5,87.5,62.5,50.0,37.5,25.0,25.0,0.0,0.0,0.0,25.0,37.5,62.5,50.0,25.0,25.0,0.0,12.5],"assessmentRisk":[null,null,null,null,30.5351,40.4009,39.3093,36.3998,32.7013,34.5718,28.3828,44.1865,35.4928,34.1782,20.1384,29.4351,40.812,37.1824,10.9339,43.0204,44.9805,6.6441,30.9048,34.2021,29.6041,26.6185,25.7979,39.1342,42.9701,5.6514,45.9841,12.6393,30.7739,26.7406,16.6863,24.5186,23.4778,51.7346,0.0981,25.4942,30.7668,29.7403,32.9245,40.3136,22.7507,32.0324,28.1333,29.7709,31.7509,41.0068],"volumeParticipation":true,"latest":{"consensus":1.5,"control":10.1,"force":15.6,"direction":26.9,"confirmation":28.3,"persistence":12.5,"assessmentRisk":41.0,"intensity":20.4,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the upward view","summary":"The completed evidence gives the upward view the clearer support.","take":"Current assessment: upward pressure has the stronger support.","tone":"positive","supportedView":"Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Broadly stable","forceState":"Upward commitment","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+1.5","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+10.1","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+15.6","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+26.9","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"28/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"52.3","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"10.1%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"32.1","detail":"Directional","tone":"positive"},{"label":"Range position","value":"50%","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":[53.0664,58.0835,54.0794,51.5708,48.1842,47.1615,46.1002,44.46,42.9548,42.4724,37.8604,40.0796,39.848,39.2305,36.0272,34.5028,34.908,34.387,36.529,37.6289,36.8763,34.0204,34.387,34.0975,31.6082,28.8681,27.2086,28.0383,29.4277,28.4572,29.1101,28.1308,27.3627,26.3642,28.9564,28.8028,32.6,30.0,28.5,31.4,28.78,25.5,25.88,27.3,26.5,27.5,29.22,29.78,30.7,29.7],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,52.5792,51.5941,50.5952,49.4797,48.2934,47.235,45.5305,44.5395,43.6865,42.8763,41.631,40.335,39.3482,38.4462,38.0976,38.0124,37.8058,37.1176,36.6211,36.1623,35.3343,34.1586,32.895,32.0119,31.5421,30.9812,30.641,30.1846,29.6715,29.0702,29.0495,29.0046,29.6583,29.7205,29.4986,29.8443,29.6508,28.8961,28.3477,28.1572,27.8559,27.7912,28.051,28.3653,28.7898,28.9553],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,47.9864,47.3378,46.5,45.6113,44.8185,44.0458,43.489,43.0549,42.5972,41.9619,41.4008,40.8598,40.1745,39.337,38.4386,37.6682,37.0578,36.4207,35.8792,35.3052,34.7169,34.0982,33.7173,33.3533,33.2975,33.0532,32.7159,32.6185,32.3341,31.8279,31.3873,31.0846,30.745,30.5046,30.4094,30.3628,30.3878,30.3368],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,58.679,59.1375,58.8243,58.4649,58.1222,58.0792,58.0839,57.9073,57.706,57.317,56.8961,55.5128,52.5744,50.2297,48.1595,46.8716,45.8651,45.0155,44.094,43.1095,42.0902,41.7618,40.9702,40.1013,39.2584,38.7551,38.4302,38.1485,37.7823,36.9478,35.7743,34.4773,33.9898,33.1929,32.1867,31.7652,31.7081,31.7937,31.929,32.1053,32.2026],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,38.9477,36.4977,35.5212,34.7538,34.0424,32.7447,31.3763,30.3974,29.5137,29.1573,29.0173,28.7816,29.3137,29.6892,30.012,29.6424,28.8196,27.7799,27.0592,26.6911,26.3089,25.7622,25.3589,24.9793,24.5356,24.3318,24.0867,24.1376,24.0651,24.0968,24.6473,25.1347,24.7701,24.7163,25.0428,24.9535,24.8738,24.9893,25.0282,24.9791,25.0061],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","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","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,-6.8937,-11.2126,-17.0432,-18.804,-20.6312,-23.4552,-26.0465,-26.8771,-34.8173,-30.9967,-31.3954,-32.4585,-37.9734,-40.598,-39.9003,-40.7973,-37.1096,-35.216,-36.5116,-41.4286,-40.7973,-41.2957,-45.5814,-50.299,-53.1561,-51.7276,-49.3355,-51.0064,-49.8824,-51.5684,-52.8908,-54.6099,-50.1469,-50.4114,-43.8739,-48.3503,-50.9327,-45.9399,-50.4507,-56.0977,-55.4435,-52.9987,-54.3761,-52.6544,-49.6931,-48.729,-47.1451,-48.8667],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.0,0.0,0.0,0.0,5.8614,5.2497,3.6188,0.0,0.0,1.1745,0.0,6.229,9.4276,7.2391,0.0,1.0777,0.2269,0.0,0.0,0.0,3.0496,8.156,4.5891,6.9886,3.3894,0.5664,0.0,9.8325,9.2498,23.6526,13.7907,8.1012,19.101,9.1632,0.0,1.4902,7.0588,3.9216,7.8431,14.5882,16.7843,20.3922,16.4706],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","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","2026-08-21"]},{"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,-3.4501,-3.6178,-3.9635,-4.3108,-4.5014,-4.641,-4.5267,-4.2977,-4.1294,-4.1783,-4.1398,-4.0855,-4.195,-4.4515,-4.7342,-4.8355,-4.7489,-4.7044,-4.5638,-4.4798,-4.4242,-4.4099,-4.1416,-3.8965,-3.3571,-3.1037,-2.9894,-2.6345,-2.5354,-2.6905,-2.751,-2.6539,-2.6113,-2.4684,-2.1911,-1.9042,-1.5844,-1.3955],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-3.881,-4.033,-4.1317,-4.1649,-4.1578,-4.1619,-4.1575,-4.1431,-4.1535,-4.2131,-4.3173,-4.4209,-4.4865,-4.5301,-4.5369,-4.5254,-4.5052,-4.4861,-4.4172,-4.3131,-4.1219,-3.9182,-3.7325,-3.5129,-3.3174,-3.192,-3.1038,-3.0138,-2.9333,-2.8403,-2.7105,-2.5492,-2.3563,-2.1641],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.6204,-0.608,-0.3949,-0.1328,0.0284,-0.0164,0.0177,0.0576,-0.0415,-0.2384,-0.4169,-0.4146,-0.2624,-0.1743,-0.027,0.0456,0.081,0.0763,0.2756,0.4166,0.7648,0.8146,0.7431,0.8784,0.782,0.5015,0.3528,0.36,0.322,0.3719,0.5194,0.645,0.7719,0.7686],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","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","2026-08-21"]},{"key":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,80.3001,80.1618,79.73,79.329,77.1965,75.6349,74.1404,72.891,70.271,67.3253,63.125,59.1733,56.1349,52.8733,49.9609,48.6116,47.1837,45.0687,43.3436,41.4899,39.2204,36.6272,34.3462,32.0588],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,0.3192,0.3097,0.3021,0.297,0.2927,1.9355,2.8234,2.8443,2.7493,2.6686,2.6448,2.5153,2.3991,2.3128,2.2168,2.5873,2.4868,5.4534,5.2303,5.1139,5.0111,7.8516,8.8545,12.5394,11.865,11.208,12.0398,11.374,10.5716,10.897,13.2188,12.8221,13.1832,14.3136,15.9374,17.8358,17.1506],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,7.6628,9.5744,10.2912,10.7258,10.5675,10.273,10.0314,9.8259,12.2034,11.8452,11.7396,15.6387,17.8998,18.5548,18.2745,17.4046,16.7288,16.1325,18.1899,17.4698,18.1074,16.7658,16.0987,14.8757,13.8726,15.6813,14.8568,14.505,20.1025,19.6358,18.8553,19.605,18.7341,17.3947,16.8944,16.2368,16.3719],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","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","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,25.5501,26.6304,26.4679,24.7067,23.6382,21.2551,19.6215,18.9805,19.7647,18.7064,17.6754,18.6168,19.8447,20.2806,19.0661,17.7115,17.6943,16.6556,16.6869,16.5866,16.3129,14.8953,14.4813,12.8574,13.9118,14.395,12.8056,13.7329,15.4847,14.5042,13.2962,13.1127,12.2788,11.5568,10.8413,10.1608,10.1423],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,40.422,47.3463,49.3994,50.872,52.254,55.7882,59.7082,62.3067,64.6467,65.1287,64.8998,63.4234,56.8109,51.4035,46.43,45.0355,45.6466,47.3536,47.882,47.0437,46.1446,47.3892,47.0723,46.4715,46.1573,45.7251,45.8866,44.9888,44.3583,42.1037,36.8311,31.3444,31.381,29.2754,24.9656,24.0194,24.1575,23.9664,24.2316,24.9675,25.1585],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","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","2026-08-21"]},{"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,18.5791,9.2989,11.7274,31.0932,18.8654,18.6666,6.7759,12.9417,6.0983,16.2751,16.395,30.9989,15.1967,33.1454,43.3661,36.3678,0.0,98.9349,78.6984,73.4182,225.6985,146.2068,76.8835,69.4688,58.942,60.9341,71.9696,183.262,129.8586,109.1457,62.6609,182.6176,26.2252,45.8484,23.3987,27.1103,5.3828,18.0982,71.3945,83.6841,39.3902,61.9287,53.6632],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,104.5257,103.1142,101.493,97.4719,99.7441,97.6385,96.9254,95.643,95.0743,96.5165,95.1318,97.6533,98.8366,97.3873,96.2248,97.0567,97.0567,95.2303,93.9496,92.798,96.389,98.7873,97.5406,98.5629,97.7381,96.9248,95.955,98.5443,96.6216,98.2477,97.3287,94.6348,95.0111,94.3718,94.0555,94.4156,94.4873,94.2607,95.1403,96.166,96.5863,97.1916,96.687],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","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","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/6f858cc8-16bf-43b8-8668-c3662c227a17/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/6f858cc8-16bf-43b8-8668-c3662c227a17/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/6f858cc8-16bf-43b8-8668-c3662c227a17/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/6f858cc8-16bf-43b8-8668-c3662c227a17/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/6f858cc8-16bf-43b8-8668-c3662c227a17/technical-pack/data.json"},"source_fingerprint":"c3b25a053e8d9a53b5ca441fa34b8cb1ae04e274638c0adad157eb5750eafac4","content_hash":"67cc61f7d31fc1d41095ef7029af7b6538b7fd0c2ebbc5208b63939e18d586c3","citation":"Sharemaestro, 2543 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/6f858cc8-16bf-43b8-8668-c3662c227a17/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."}