{"schema_version":"1.0","name":"NVDB Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"7b79c2a0-058d-476b-a3bb-67b16be87288","symbol":"NVDB","name":"PROSHARES ULTRA NVDA","exchange":"NYSEARCA","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. The upward price structure has improving support, but confirmation is not complete.","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, Activity pressure and cumulative balance, Drawdown and recovery pressure, Directional strength and control, Acceleration, deceleration and rollover, 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":"2026-08-21","observations":50,"displayedObservations":50,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. The upward price structure has improving support, but confirmation is not complete.","evidenceAlignment":{"status":"Repair in progress","headline":"Market Dynamics is improving but remains below zero","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. The upward price structure has improving support, but confirmation is not complete.","take":"Continued repair would strengthen the upward case. Renewed weakness would leave price ahead of the underlying position.","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":[-0.49899,-0.668092,-0.627496,-0.302219,0.061525,0.410635,0.73828,0.83604,0.872396,0.863579,0.811523,0.646159,0.493813,0.33451,0.050033,-0.036509,-0.263268,-0.409881,-0.504831,-0.520372,-0.411947,-0.356472],"opens":[23.833622,21.1,23.62,25.91,29.793977,32.782675,29.057787,33.912258,38.010889,33.882514,33.504494,31.365698,30.947887,32.131387,26.35,26.49,30.34,29.17,29.87,26.95,34.06,34.49],"highs":[24.84,23.64,27.02,30.33,32.668922,34.59339,34.568919,40.587392,38.010889,34.370956,38.498335,31.654187,32.052003,32.131387,28.16,30.95,31.31,31.65,29.87,34.16,35.0,34.89],"lows":[21.06,20.47,22.83,25.89,28.968301,28.699663,27.983415,33.812879,33.488578,31.524864,29.843671,28.351487,29.346276,25.85,25.51,25.7,27.32,28.41,24.79,26.84,31.97,31.1],"closes":[21.45,23.64,26.66,30.33,32.022308,28.918517,33.733296,36.767402,33.500515,32.25106,30.196323,29.837404,31.236375,26.0,26.5328,30.95,28.44,29.4126,27.54,34.07,34.4,31.1],"hoverRows":[[{"label":"Open","value":"23.8","className":"is-ohlc","compact":true},{"label":"High","value":"24.8","className":"is-ohlc","compact":true},{"label":"Low","value":"21.1","className":"is-ohlc","compact":true},{"label":"Close","value":"21.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.50","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.1","className":"is-ohlc","compact":true},{"label":"High","value":"23.6","className":"is-ohlc","compact":true},{"label":"Low","value":"20.5","className":"is-ohlc","compact":true},{"label":"Close","value":"23.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.67","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"23.6","className":"is-ohlc","compact":true},{"label":"High","value":"27.0","className":"is-ohlc","compact":true},{"label":"Low","value":"22.8","className":"is-ohlc","compact":true},{"label":"Close","value":"26.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.63","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"25.9","className":"is-ohlc","compact":true},{"label":"High","value":"30.3","className":"is-ohlc","compact":true},{"label":"Low","value":"25.9","className":"is-ohlc","compact":true},{"label":"Close","value":"30.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.30","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"29.8","className":"is-ohlc","compact":true},{"label":"High","value":"32.7","className":"is-ohlc","compact":true},{"label":"Low","value":"29.0","className":"is-ohlc","compact":true},{"label":"Close","value":"32.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.06","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"32.8","className":"is-ohlc","compact":true},{"label":"High","value":"34.6","className":"is-ohlc","compact":true},{"label":"Low","value":"28.7","className":"is-ohlc","compact":true},{"label":"Close","value":"28.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.41","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"29.1","className":"is-ohlc","compact":true},{"label":"High","value":"34.6","className":"is-ohlc","compact":true},{"label":"Low","value":"28.0","className":"is-ohlc","compact":true},{"label":"Close","value":"33.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.74","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"33.9","className":"is-ohlc","compact":true},{"label":"High","value":"40.6","className":"is-ohlc","compact":true},{"label":"Low","value":"33.8","className":"is-ohlc","compact":true},{"label":"Close","value":"36.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.84","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"38.0","className":"is-ohlc","compact":true},{"label":"High","value":"38.0","className":"is-ohlc","compact":true},{"label":"Low","value":"33.5","className":"is-ohlc","compact":true},{"label":"Close","value":"33.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.87","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"33.9","className":"is-ohlc","compact":true},{"label":"High","value":"34.4","className":"is-ohlc","compact":true},{"label":"Low","value":"31.5","className":"is-ohlc","compact":true},{"label":"Close","value":"32.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.86","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"33.5","className":"is-ohlc","compact":true},{"label":"High","value":"38.5","className":"is-ohlc","compact":true},{"label":"Low","value":"29.8","className":"is-ohlc","compact":true},{"label":"Close","value":"30.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.81","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":"31.7","className":"is-ohlc","compact":true},{"label":"Low","value":"28.4","className":"is-ohlc","compact":true},{"label":"Close","value":"29.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.65","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.9","className":"is-ohlc","compact":true},{"label":"High","value":"32.1","className":"is-ohlc","compact":true},{"label":"Low","value":"29.3","className":"is-ohlc","compact":true},{"label":"Close","value":"31.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.49","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"32.1","className":"is-ohlc","compact":true},{"label":"High","value":"32.1","className":"is-ohlc","compact":true},{"label":"Low","value":"25.9","className":"is-ohlc","compact":true},{"label":"Close","value":"26.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.33","note":"Supportive but easing","className":"is-positive","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":"28.2","className":"is-ohlc","compact":true},{"label":"Low","value":"25.5","className":"is-ohlc","compact":true},{"label":"Close","value":"26.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.05","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.5","className":"is-ohlc","compact":true},{"label":"High","value":"30.9","className":"is-ohlc","compact":true},{"label":"Low","value":"25.7","className":"is-ohlc","compact":true},{"label":"Close","value":"30.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.04","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.3","className":"is-ohlc","compact":true},{"label":"High","value":"31.3","className":"is-ohlc","compact":true},{"label":"Low","value":"27.3","className":"is-ohlc","compact":true},{"label":"Close","value":"28.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.26","note":"Cautious and weakening","className":"is-negative","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":"31.6","className":"is-ohlc","compact":true},{"label":"Low","value":"28.4","className":"is-ohlc","compact":true},{"label":"Close","value":"29.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.41","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"29.9","className":"is-ohlc","compact":true},{"label":"High","value":"29.9","className":"is-ohlc","compact":true},{"label":"Low","value":"24.8","className":"is-ohlc","compact":true},{"label":"Close","value":"27.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.50","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.9","className":"is-ohlc","compact":true},{"label":"High","value":"34.2","className":"is-ohlc","compact":true},{"label":"Low","value":"26.8","className":"is-ohlc","compact":true},{"label":"Close","value":"34.1","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":"34.1","className":"is-ohlc","compact":true},{"label":"High","value":"35.0","className":"is-ohlc","compact":true},{"label":"Low","value":"32.0","className":"is-ohlc","compact":true},{"label":"Close","value":"34.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.41","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"34.5","className":"is-ohlc","compact":true},{"label":"High","value":"34.9","className":"is-ohlc","compact":true},{"label":"Low","value":"31.1","className":"is-ohlc","compact":true},{"label":"Close","value":"31.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.36","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[20.530956,37.686446],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.356472,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"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":"Underlying pressure is repairing","detail":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","annotations":[{"label":"Current tape relationship","value":"Underlying pressure is repairing","detail":"Market Dynamics improved this week but remains below zero.","tone":"caution"},{"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":"Repairing","detail":"Underlying support has strengthened across the recent completed path.","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":[{"date":"2026-05-15","price":36.767402}],"reversal_dangers":[{"date":"2026-05-22","price":33.500515}]}},"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":[27.4769,26.9964,27.2848,30.1571,28.5905,28.4224,29.3418,34.5335,29.3938,29.8564,26.2574,25.5722,27.0847,24.8634,26.3738,29.1708,28.5517,27.3321,27.6935,27.9285,28.9224,26.8749,25.9904,27.9479,24.2511,24.261,24.8474,22.6578,21.45,23.64,26.66,30.33,32.0223,28.9185,33.7333,36.7674,33.5005,32.2511,30.1963,29.8374,31.2364,26.0,26.5328,30.95,28.44,29.4126,27.54,34.07,34.4,31.1],"consensus":[27.0291,62.4275,-19.4828,18.8267,19.5464,0.0,41.0555,75.8686,-31.306,9.152,-54.7197,-40.1421,0.0,-57.8506,11.9047,46.4894,0.0,-17.2262,9.5648,8.2062,21.3797,-24.8125,-29.3731,24.5677,-57.9372,-24.2697,-10.8237,-51.7459,-45.5262,13.0784,38.3777,62.7948,53.9808,0.0,63.6373,54.6931,-10.0989,0.0,-31.1125,-15.166,10.9843,-60.23,-20.6059,38.9131,-29.3777,8.4247,-17.7927,53.5242,34.3195,-17.7605],"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,0.0,35.5854,65.1659,-39.2118,1.144,-41.0899,-26.5406,0.0,-50.7674,14.913,40.8877,0.0,-27.5708,6.5547,16.0367,22.8435,-17.2703,-28.5069,31.5701,-50.1687,-22.6966,-9.1941,-51.1924,-48.8339,22.1443,40.7534,64.0395,55.7182,0.0,61.5886,48.8289,-19.0137,0.0,-24.4695,-9.3898,19.3948,-54.9929,-17.6917,43.2811,-26.9169,1.4139,-22.8428,56.9223,34.5008,-30.3608],"force":[27.0291,62.4275,-19.4828,18.8267,30.8467,0.0,35.547,88.757,-79.5022,7.9892,-82.3146,-35.9896,0.0,-71.1886,43.5368,64.6344,0.0,-36.0785,17.9534,15.602,30.0971,-54.504,-36.1352,43.0819,-91.3396,-9.1225,-5.3452,-58.4676,-39.3876,45.3802,59.0765,77.2458,47.447,0.0,76.2074,55.2879,-62.9011,0.0,-71.3365,-19.2412,14.0567,-93.0553,-4.1689,65.4633,-46.2186,14.0874,-21.5845,69.4315,20.1374,-40.4005],"direction":[null,null,null,null,55.5415,0.0,51.2418,78.8942,-12.1552,21.7495,-50.586,-58.6528,0.0,-56.4187,14.1276,39.9307,0.0,-8.0621,7.0132,6.0257,13.4801,-12.224,-25.5331,3.3406,-42.9568,-36.8871,-24.2353,-47.5774,-46.1307,20.3553,20.8779,51.0501,56.6622,0.0,57.0002,60.9703,-37.8052,0.0,-9.973,-18.8567,0.8225,-42.7687,-35.677,14.9567,-20.1607,12.3922,-9.3128,38.2783,44.2422,-12.8112],"intensity":[null,null,null,null,25.0,60.0,16.6667,100.0,87.5,77.7778,70.0,72.7273,16.6667,53.8462,57.1429,66.6667,6.25,17.6471,5.5556,15.7895,55.0,90.4762,63.6364,43.4783,79.1667,84.0,3.8462,51.8519,42.8571,55.1724,70.0,77.4194,65.625,66.6667,94.1176,97.1429,63.8889,72.973,84.2105,97.4359,17.5,92.6829,73.8095,86.0465,45.4545,11.1111,65.2174,95.7447,87.5,55.102],"confirmation":[31.316,42.6435,28.9012,28.6912,13.8221,5.3714,81.0532,92.8338,36.626,25.9608,86.559,80.9262,30.9006,87.0266,30.4083,83.515,2.6498,30.3159,26.0289,49.3509,75.0849,76.9598,77.6187,53.6525,87.6763,75.3287,49.4693,84.772,82.3309,32.0405,80.8755,88.5158,85.0483,33.9972,88.7783,85.6093,35.4368,6.1731,79.2831,73.0653,48.9892,88.3538,51.4707,81.1948,77.9516,48.3086,73.7323,85.5608,78.5472,22.7384],"persistence":[null,null,33.3333,50.0,60.0,50.0,57.1429,62.5,37.5,37.5,37.5,12.5,0.0,12.5,12.5,12.5,0.0,25.0,0.0,25.0,37.5,37.5,12.5,12.5,0.0,0.0,25.0,50.0,75.0,50.0,25.0,25.0,0.0,12.5,37.5,62.5,62.5,50.0,25.0,0.0,0.0,12.5,37.5,37.5,37.5,25.0,25.0,0.0,0.0,0.0],"assessmentRisk":[null,null,null,null,19.8218,34.7054,24.7122,10.453,29.4028,19.854,12.7088,29.8067,36.8903,19.0744,3.7176,20.1785,23.9265,45.7048,18.7045,26.5101,2.0057,0.702,23.4184,11.6398,20.4573,33.0429,24.3964,23.9317,25.1528,24.6858,18.5477,18.5371,23.0047,52.9483,17.7958,21.9602,29.3477,40.1573,27.8468,41.8554,40.7424,18.369,32.0009,2.101,21.9212,36.6734,25.6368,11.169,30.9375,34.1915],"volumeParticipation":true,"latest":{"consensus":-17.8,"control":-30.4,"force":-40.4,"direction":-12.8,"confirmation":22.7,"persistence":0.0,"assessmentRisk":34.2,"intensity":55.1,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the Market Dynamics view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the downward Market Dynamics view stronger support.","take":"Current assessment: the visible price structure remains vulnerable until Market Dynamics changes.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":true},"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":"Unsettled","confirmationState":"Limited support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-17.8","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-30.4","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-40.4","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-12.8","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"23/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"52.0","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"14.0%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"21.5","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"53%","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 upward.","series":[{"label":"Close","values":[27.4769,26.9964,27.2848,30.1571,28.5905,28.4224,29.3418,34.5335,29.3938,29.8564,26.2574,25.5722,27.0847,24.8634,26.3738,29.1708,28.5517,27.3321,27.6935,27.9285,28.9224,26.8749,25.9904,27.9479,24.2511,24.261,24.8474,22.6578,21.45,23.64,26.66,30.33,32.0223,28.9185,33.7333,36.7674,33.5005,32.2511,30.1963,29.8374,31.2364,26.0,26.5328,30.95,28.44,29.4126,27.54,34.07,34.4,31.1],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,28.0068,28.0824,28.3114,29.4427,29.4338,29.5106,28.9191,28.3106,28.0877,27.5015,27.2964,27.6372,27.8035,27.7178,27.7134,27.7525,27.9652,27.767,27.444,27.5356,26.9384,26.4516,26.1599,25.5232,24.7826,24.5749,24.954,25.9314,27.0389,27.3806,28.5357,30.0323,30.6629,30.9517,30.8143,30.6367,30.7457,29.8829,29.2738,29.5785,29.3715,29.379,29.0446,29.9583,30.7659,30.8267],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,28.0897,27.8507,27.7413,27.8472,27.8994,27.8574,27.8453,27.8514,27.9308,27.8525,27.7146,27.7319,27.474,27.236,27.0591,26.7331,26.3417,26.1416,26.18,26.4874,26.8974,27.0471,27.5424,28.2257,28.6165,28.8857,28.9828,29.0461,29.2083,28.9707,28.7901,28.9501,28.9123,28.9494,28.845,29.232,29.6148,29.7248],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,33.3197,33.2107,33.1514,32.9347,32.9153,32.7303,32.6764,32.566,32.414,32.2812,32.1666,32.2403,32.2419,32.2749,32.0602,32.1558,32.2035,32.057,30.621,30.6823,30.2211,30.2484,30.8657,31.7429,31.9772,33.1555,34.8214,35.5125,35.9945,36.1729,36.3005,36.5173,36.5144,36.514,36.7389,36.7151,36.7104,36.6447,36.8983,36.7598,36.3589],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,25.091,24.664,24.1625,24.1373,23.632,23.5637,23.7456,23.896,23.9481,24.0296,24.1215,24.1924,24.1786,24.0162,24.01,23.4805,23.0166,22.7137,22.9621,22.1065,21.946,21.959,21.8174,21.434,21.6053,21.1628,20.2566,20.0604,20.0703,20.1422,20.2054,20.2201,20.1354,20.1901,20.2654,20.7081,21.228,21.5629,22.4505,23.8841,25.0309],"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":"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,221.9246,163.7199,174.7422,368.2939,228.0498,116.9941,128.3223,126.4971,110.9972,90.3929,140.5125,156.8926,113.1897,132.6417,214.41,129.7844,59.5208,154.8746,104.382,78.4031,70.5217,57.2883,65.654,73.8873,94.5842,75.8297,74.9268,86.1133,107.8484,121.4081,69.8587,205.1367,58.0038,49.768,139.5262,48.0282,75.2156,87.0099,66.5595,57.772,57.1113,45.3548,40.1234],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,125.3637,94.3068,130.4567,65.0,65.0,74.0633,65.0,74.9002,83.6514,76.5672,65.2862,78.2934,87.743,99.5477,78.3818,65.0,71.3007,65.0,74.1161,81.0884,74.8356,69.7667,75.5583,81.6271,89.1476,95.1525,89.2782,95.9965,104.5128,94.6524,89.0821,71.98,67.2134,71.1798,65.0,68.1318,73.0629,67.6306,71.6516,68.241,71.5491,74.1331,71.9052],"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"]},{"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,-1.7486,-0.6991,0.0,-5.1949,-5.7522,-2.7035,0.0,-14.8831,-13.5436,-23.9655,-25.9496,-21.5696,-28.0019,-23.6282,-15.5288,-17.3215,-20.8532,-19.8067,-19.1263,-16.2483,-22.1771,-24.7386,-19.0702,-29.7752,-29.7464,-28.0483,-34.3887,-37.8863,-31.5447,-22.7995,-12.1721,-7.2717,-16.2594,-2.3171,0.0,-8.8853,-12.2835,-17.872,-18.8482,-15.0433,-29.2852,-27.8361,-15.8222,-22.6489,-20.0036,-25.0967,-7.3364,-6.4389,-15.4142],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,27.9186,8.8803,10.5938,0.0,0.0,5.9149,0.0,6.0748,17.3243,14.8343,9.9291,11.3826,12.3276,16.325,8.0903,4.5326,12.4055,0.0,0.041,2.459,0.0,0.0,10.2098,24.289,41.3986,49.2881,34.8183,57.2648,71.4098,56.1796,50.3546,40.7754,39.1021,45.6241,21.2121,23.696,44.289,32.5874,37.1217,28.3916,58.8345,60.373,44.9883],"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":"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,7.1034,7.1547,7.7515,8.5123,8.064,8.7321,9.9759,11.5825,12.7605,15.0406,17.0212,18.0509,19.7529,20.766,21.7815,21.4688,21.0656,21.3302,21.654,22.0319,21.0838,21.2109,21.5027,21.4694],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,18.5938,17.4251,23.2414,22.2975,20.9412,19.6538,18.2452,20.6759,18.0407,18.1727,16.9591,19.1465,18.1079,18.4702,16.8389,15.5338,14.5176,20.1527,24.9723,27.7887,28.3344,24.9645,32.3565,29.8608,28.3773,31.0796,29.3896,28.7172,25.768,24.6193,27.0966,25.8971,25.0522,22.9285,27.0761,27.108,25.4209],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,16.6555,18.3665,17.0433,16.3511,17.2868,18.175,19.0951,18.0004,25.0547,23.2006,23.2991,20.3608,20.2748,18.9256,19.6966,21.2372,21.0654,19.2709,17.5635,16.2696,14.4446,14.0202,12.3711,11.97,14.803,12.7317,14.4962,13.8326,18.1283,17.8921,16.3381,15.2538,14.4171,19.2356,16.9995,16.1619,16.5847],"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":"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,0.0582,-0.2081,-0.2939,-0.1346,-0.0577,-0.0941,-0.0927,-0.0718,0.0247,-0.0633,-0.2021,-0.1524,-0.4067,-0.6004,-0.6986,-0.9422,-1.2187,-1.2467,-1.0136,-0.5266,-0.004,0.1578,0.6669,1.3002,1.5209,1.5769,1.4388,1.2857,1.2626,0.8124,0.493,0.5894,0.458,0.4275,0.2493,0.6278,0.9434,0.9168],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.0682,-0.0733,-0.0772,-0.0761,-0.056,-0.0574,-0.0864,-0.0996,-0.161,-0.2489,-0.3388,-0.4595,-0.6113,-0.7384,-0.7935,-0.7401,-0.5929,-0.4427,-0.2208,0.0834,0.3709,0.6121,0.7775,0.8791,0.9558,0.9271,0.8403,0.7901,0.7237,0.6645,0.5814,0.5907,0.6612,0.7123],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0104,-0.0208,-0.0155,0.0043,0.0807,-0.0059,-0.1158,-0.0528,-0.2457,-0.3515,-0.3598,-0.4827,-0.6074,-0.5083,-0.2201,0.2135,0.5888,0.6005,0.8877,1.2168,1.15,0.9648,0.6614,0.4066,0.3068,-0.1147,-0.3473,-0.2007,-0.2657,-0.237,-0.3321,0.0371,0.2822,0.2044],"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":"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,13.4072,12.5238,11.3305,11.2043,11.5721,11.3001,11.2079,10.6609,12.2097,12.6604,11.715,14.3456,14.0792,13.675,15.2743,16.2407,14.6414,13.1781,11.8018,11.2051,12.9772,11.7248,11.3204,12.5011,12.6882,14.6309,14.5399,13.5154,16.8032,16.0031,13.9508,15.0997,14.3444,15.543,13.2012,12.7698,13.9864],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,28.1751,29.5353,31.3674,30.829,32.8336,32.567,31.6569,30.711,30.0411,29.3073,28.5854,28.5221,28.5829,29.343,28.7148,31.1859,33.2737,34.118,28.5872,32.4909,31.7257,31.7557,34.3499,38.7718,38.7139,44.1571,52.8879,55.6099,56.8062,56.932,56.9677,57.4479,57.8254,57.5757,57.7976,55.7507,53.4446,51.8206,48.6878,42.4633,36.9051],"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"]}]},"canonical_url":"https://sharemaestro.com/terminal/7b79c2a0-058d-476b-a3bb-67b16be87288/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/7b79c2a0-058d-476b-a3bb-67b16be87288/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/7b79c2a0-058d-476b-a3bb-67b16be87288/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/7b79c2a0-058d-476b-a3bb-67b16be87288/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/7b79c2a0-058d-476b-a3bb-67b16be87288/technical-pack/data.json"},"source_fingerprint":"b0f2ddcd9a84d4452a3865fde0b87421c5839fd04ca67956e2bb5139daef72eb","content_hash":"7eff5fa0bc7fbda4c7da56f24bcae7ff97cf95440fb16274aaf3483a04304188","citation":"Sharemaestro, NVDB Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/7b79c2a0-058d-476b-a3bb-67b16be87288/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."}