{"schema_version":"1.0","name":"ETHX Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"75a62766-03da-47e9-81c5-c4557cd8996b","symbol":"ETHX","name":"Global X Ethereum ETP","exchange":"LSE","country":"GB","asset_type":"etf","currency":"GBP","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price structure remains rotational.","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, Range position and boundary pressure, Acceleration, deceleration and rollover, Range pressure and compression, Directional strength and control."},{"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":47,"displayedObservations":47,"assetType":"ETF","state":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price structure remains rotational.","evidenceAlignment":{"status":"Positive support; price rotational","headline":"Market Dynamics is positive while price has no clear direction","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price structure remains rotational.","take":"The underlying condition is constructive, but a positive price response is still required.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.102887,0.099515,0.284819,0.436721,0.459603,0.477358,0.437226,0.300825,0.141111,-0.008679,-0.153113,-0.180126,-0.162788,-0.138748,-0.058187,0.001474,0.100882,0.178709,0.30237],"opens":[16.1775,16.905001,16.855,17.262501,16.782499,15.3675,14.74,14.485,12.155,12.6025,11.7175,12.72,13.1175,13.28,13.7775,14.23,13.405,13.605,13.8],"highs":[17.040001,17.452499,16.855,17.262501,16.782499,15.745,14.74,14.485,12.2975,12.6025,11.7175,12.7325,13.1175,13.28,14.2875,14.23,13.99,13.89,17.344999],"lows":[16.1775,16.737499,16.395,16.445,16.365,15.3675,14.74,11.6975,12.155,12.6025,11.7175,12.72,13.1175,13.28,13.7125,13.5275,13.405,13.5,13.755],"closes":[17.717501,16.8325,16.645,16.415001,16.317499,15.48,14.74,11.6975,12.2975,12.6025,11.7175,12.7325,13.1175,13.28,13.7125,13.5275,13.935,13.6,17.264999],"hoverRows":[[{"label":"Open","value":"16.2","className":"is-ohlc","compact":true},{"label":"High","value":"17.0","className":"is-ohlc","compact":true},{"label":"Low","value":"16.2","className":"is-ohlc","compact":true},{"label":"Close","value":"17.7","className":"is-ohlc","compact":true},{"label":"Market 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positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","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 remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","annotations":[{"label":"Current tape relationship","value":"Sustained positive support","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":"Supported","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":19,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-10-03","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":[32.72,30.65,27.68,28.51,28.9,24.815,24.18,20.4175,22.53,22.6325,22.7325,21.9375,21.335,22.635,22.915,24.0825,21.295,19.5375,14.6725,14.8225,14.255,14.1875,15.315,15.745,15.7775,14.66,15.255,16.33,17.7175,16.8325,16.645,16.415,16.3175,15.48,14.74,11.6975,12.2975,12.6025,11.7175,12.7325,13.1175,13.28,13.7125,13.5275,13.935,13.6,17.265],"consensus":[100.0,-100.0,-100.0,-69.3335,-59.0989,-79.3971,-65.7467,-83.947,-16.8506,-28.1401,-40.408,-16.5163,-48.7416,0.0,-18.4257,22.593,-45.967,-56.6466,-68.8168,-26.9651,-42.7163,-36.5873,-15.0299,0.0,-23.959,-40.9174,-26.6895,15.2446,38.1106,0.0,0.0,-18.8835,-25.527,-32.2814,-37.8978,-78.5536,-15.3049,-31.5559,-48.3836,13.2563,0.0,0.0,0.0,-16.0581,32.866,0.0,66.721],"supportDates":["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,-79.4149,-65.053,-84.4059,-8.3406,-18.6882,-43.8202,-20.9154,-57.8828,0.0,-24.1517,22.3642,-65.9349,-69.998,-83.4288,-11.9943,-35.1178,-30.2277,-17.9225,0.0,-40.2586,-61.7366,-39.1195,21.0464,38.1495,0.0,0.0,-33.1184,-33.0619,-40.3988,-38.3153,-85.4433,-1.7589,-26.7679,-46.4132,9.9299,0.0,0.0,0.0,-31.6849,27.7509,0.0,68.6933],"force":[100.0,-100.0,-100.0,-69.3335,-38.0757,-86.6436,-59.852,-88.598,-21.034,-2.9018,-17.0162,-6.6399,-25.7923,0.0,-3.734,32.033,-40.6485,-42.6105,-51.3629,-2.628,-21.9605,-6.9902,-15.3875,0.0,-7.8676,-24.2903,-6.2119,31.8071,44.4296,0.0,0.0,-21.2286,-25.0862,-22.9177,-34.4904,-97.5117,-19.5394,-9.0739,-39.8742,56.9979,0.0,0.0,0.0,-28.6214,52.4543,0.0,57.2129],"direction":[null,null,null,null,-74.1155,-74.2007,-70.75,-80.1003,-72.701,-61.115,-53.2168,-28.0289,-54.6869,0.0,-22.3757,16.1115,-26.9454,-51.4138,-64.5845,-65.2124,-66.2259,-64.9961,-33.4507,0.0,-16.8247,-29.0007,-27.1105,3.2165,33.5526,0.0,0.0,-0.94,-17.2305,-29.6929,-39.8546,-57.1382,-55.6748,-53.0865,-56.7136,14.1862,0.0,0.0,0.0,-10.7749,24.7201,0.0,71.2585],"intensity":[null,null,null,null,50.0,100.0,16.6667,71.4286,62.5,44.4444,50.0,72.7273,8.3333,38.4615,50.0,33.3333,81.25,58.8235,100.0,68.4211,5.0,9.5238,50.0,4.3478,54.1667,36.0,15.3846,29.6296,57.1429,27.5862,16.6667,3.2258,9.375,36.3636,35.2941,88.5714,77.7778,8.1081,31.5789,38.4615,2.5,2.439,40.4762,4.6512,9.0909,6.6667,91.3043],"confirmation":[54.6667,54.6667,54.6667,44.8534,63.2839,93.6277,88.8699,94.9978,33.5547,54.1552,80.1657,51.2623,82.7586,32.7748,50.6945,75.5209,82.2431,85.4957,89.2668,53.849,81.1524,56.2362,29.7878,5.8142,52.2614,80.2696,53.0605,51.3141,80.3874,28.7941,3.0053,51.2306,76.0404,77.921,80.0171,93.6099,8.2105,77.4857,83.2534,31.3188,4.558,3.1724,27.1048,30.2487,79.192,26.8963,89.0309],"persistence":[null,null,33.3333,50.0,60.0,66.6667,71.4286,75.0,100.0,100.0,100.0,100.0,100.0,87.5,87.5,62.5,62.5,62.5,62.5,62.5,62.5,75.0,75.0,87.5,87.5,87.5,87.5,62.5,37.5,25.0,12.5,25.0,25.0,25.0,25.0,50.0,75.0,87.5,100.0,75.0,62.5,50.0,37.5,37.5,12.5,0.0,25.0],"assessmentRisk":[null,null,null,null,19.6024,10.0837,15.23,8.0117,41.3148,25.1584,10.8408,41.4517,4.4003,3.7643,14.1818,30.795,21.8938,18.3468,15.5696,36.5091,28.6073,31.577,25.8762,25.6064,47.8811,34.0575,11.5221,9.0278,21.601,47.2513,34.8782,15.1564,34.9802,31.0259,30.2213,10.7067,42.2839,33.6889,25.4231,29.8055,33.4316,31.1885,46.0311,41.5443,17.3639,19.4468,15.9902],"volumeParticipation":true,"latest":{"consensus":66.7,"control":68.7,"force":57.2,"direction":71.3,"confirmation":89.0,"persistence":25.0,"assessmentRisk":16.0,"intensity":91.3,"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":"Buyer control supports the view","controlPath":"Control support is strengthening","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+66.7","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+68.7","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+57.2","detail":"Upward 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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 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ETHX Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/75a62766-03da-47e9-81c5-c4557cd8996b/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."}