{"schema_version":"1.0","name":"HQ Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"78798a22-3885-4ec4-b364-9afd7229bb0a","symbol":"HQ","name":"Horizon Quantum Holdings Ltd. Class A Ordinary Shares","exchange":"NASDAQ","country":"US","asset_type":"equity","currency":"USD","sector":"Technology","industry":"Software - Infrastructure"},"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, Drawdown and recovery pressure, Activity pressure and cumulative balance, Range position and boundary 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":22,"displayedObservations":22,"assetType":"Equity","state":"Aligned upward","stateTone":"positive","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":["2026-03-20","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"],"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],"opens":[12.0,9.54,10.33,9.5,9.12,11.5,11.63,11.07,10.49,11.61,14.65,13.69,10.75,11.62,36.2,23.21,24.4,22.11,22.3,12.26,12.08,13.88],"highs":[13.4355,11.8,10.33,9.73,14.22,13.48,12.6999,11.07,12.84,14.1999,14.65,13.96,11.9969,39.25,45.0,31.885,25.89,24.93,23.99,13.9725,16.28,17.440724],"lows":[8.99,9.5101,8.29,8.33,8.5,10.66,9.61,9.34,9.9201,10.26,11.35,9.8,9.75,11.44,22.7194,21.3,21.855,18.98,11.57,11.33,11.99,12.0],"closes":[9.85,9.71,9.31,8.86,11.78,11.37,10.76,10.21,11.91,13.9,13.2,10.51,10.91,32.0,23.33,23.78,22.99,22.31,11.7,12.08,14.13,16.99],"hoverRows":[[{"label":"Open","value":"12.0","className":"is-ohlc","compact":true},{"label":"High","value":"13.4","className":"is-ohlc","compact":true},{"label":"Low","value":"8.99","className":"is-ohlc","compact":true},{"label":"Close","value":"9.85","className":"is-ohlc","compact":true},{"label":"Market 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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":22,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-06-19","price":32.0}],"reversal_dangers":[{"date":"2026-06-26","price":23.33}]}},"smTape":{"available":true,"dates":["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"],"close":[9.85,9.71,9.31,8.86,11.78,11.37,10.76,10.21,11.91,13.9,13.2,10.51,10.91,32.0,23.33,23.78,22.99,22.31,11.7,12.08,14.13,16.99],"consensus":[-61.3092,-82.5407,0.0,-14.0857,36.8261,0.0,0.0,0.0,28.0551,50.4189,12.7033,-33.1089,0.0,76.4873,0.0,31.508,17.8566,0.0,-59.354,-27.0808,0.0,14.8737],"supportDates":["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"],"control":[null,null,null,null,null,0.0,0.0,0.0,29.048,45.6161,6.4082,-32.5965,0.0,59.6548,0.0,16.6781,8.476,0.0,-53.1502,-25.3541,0.0,26.9647],"force":[-61.3092,-82.5407,0.0,-14.0857,27.9001,0.0,0.0,0.0,40.5744,63.4923,11.9738,-72.1038,0.0,93.8954,0.0,11.9319,9.1317,0.0,-95.6621,-11.9284,0.0,32.6268],"direction":[null,null,null,null,43.2019,0.0,0.0,0.0,17.9781,46.5697,37.5243,-5.841,0.0,83.29,0.0,62.4395,47.8545,0.0,-40.5099,-39.8773,0.0,11.6255],"intensity":[null,null,null,null,100.0,80.0,33.3333,57.1429,75.0,77.7778,30.0,90.9091,66.6667,100.0,92.8571,93.3333,81.25,70.5882,83.3333,78.9474,55.0,61.9048],"confirmation":[42.2856,49.0797,0.0,27.1741,56.7097,25.7832,25.5074,3.0088,77.3441,84.6057,5.9633,57.1244,24.355,93.263,39.915,77.7119,29.6493,3.9922,88.1944,76.2304,4.388,30.2632],"persistence":[null,null,66.6667,75.0,40.0,33.3333,28.5714,25.0,0.0,25.0,37.5,37.5,25.0,37.5,37.5,50.0,50.0,37.5,12.5,12.5,12.5,12.5],"assessmentRisk":[null,null,null,null,25.4834,39.0413,40.16,42.0748,8.7642,22.899,41.5885,26.5142,29.3648,11.5699,48.5393,32.7138,38.8523,47.4732,16.7364,32.9439,38.7298,39.1583],"volumeParticipation":true,"latest":{"consensus":14.9,"control":27.0,"force":32.6,"direction":11.6,"confirmation":30.3,"persistence":12.5,"assessmentRisk":39.2,"intensity":61.9,"evidenceDepth":85},"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 upward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"positive","supportedView":"Price structure","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":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+14.9","detail":"Price structure has the available support","tone":"positive"},{"label":"SM Control Gauge","value":"+27.0","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+32.6","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}