{"schema_version":"1.0","name":"CVS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"8fc30939-0c4e-412f-988a-082b6d749792","symbol":"CVS","name":"CVS Health Corporation","exchange":"MEX","country":"MX","asset_type":"equity","currency":"MXN","sector":"Healthcare","industry":"Healthcare Plans"},"summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","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, Strength versus the research benchmark, Acceleration, deceleration and rollover, Drawdown and recovery pressure, Activity pressure and cumulative balance, 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":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","evidenceAlignment":{"status":"Rollover warning","headline":"Price has moved below distribution as Market Dynamics weakened","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","take":"The prior extension has started to roll over. Further price weakness would confirm the downside transition; a recovery in both readings would remove the 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cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":18,"completedEpisodes":17,"activeEpisodes":1,"medianExpectedMove":7.0,"averageExpectedMove":7.4,"averageWeeksToLargestMove":4.1,"horizons":[{"weeks":4,"sample":17,"expectedCount":12,"expectedPercent":70.6,"averageReturn":1.6,"medianReturn":1.7,"confidenceLow":46.9,"confidenceHigh":86.7,"confidence":"Mixed historical record"},{"weeks":12,"sample":17,"expectedCount":4,"expectedPercent":23.5,"averageReturn":-5.3,"medianReturn":-4.4,"confidenceLow":9.6,"confidenceHigh":47.3,"confidence":"Historically adverse"},{"weeks":26,"sample":17,"expectedCount":11,"expectedPercent":64.7,"averageReturn":4.6,"medianReturn":10.8,"confidenceLow":41.3,"confidenceHigh":82.7,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.1,"sample":17},{"week":2,"averageReturn":2.0,"sample":17},{"week":3,"averageReturn":1.1,"sample":17},{"week":4,"averageReturn":1.6,"sample":17},{"week":5,"averageReturn":0.8,"sample":17},{"week":6,"averageReturn":0.5,"sample":17},{"week":7,"averageReturn":-0.2,"sample":17},{"week":8,"averageReturn":-0.7,"sample":17},{"week":9,"averageReturn":-2.6,"sample":17},{"week":10,"averageReturn":-2.7,"sample":17},{"week":11,"averageReturn":-3.8,"sample":17},{"week":12,"averageReturn":-5.3,"sample":17},{"week":13,"averageReturn":-4.7,"sample":17},{"week":14,"averageReturn":-3.3,"sample":17},{"week":15,"averageReturn":-4.6,"sample":17},{"week":16,"averageReturn":-3.6,"sample":17},{"week":17,"averageReturn":-4.4,"sample":17},{"week":18,"averageReturn":-4.2,"sample":17},{"week":19,"averageReturn":-3.3,"sample":17},{"week":20,"averageReturn":-2.3,"sample":17},{"week":21,"averageReturn":0.1,"sample":17},{"week":22,"averageReturn":-0.2,"sample":17},{"week":23,"averageReturn":2.1,"sample":17},{"week":24,"averageReturn":2.1,"sample":17},{"week":25,"averageReturn":4.1,"sample":17},{"week":26,"averageReturn":4.6,"sample":17}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Rollover warning","tone":"negative","headline":"Price has moved below distribution as Market Dynamics weakened","use":"The upward trend may still be visible, but this transition increases downside risk. Further price weakness would confirm the rollover.","confirm":"Further price weakness with weak Market Dynamics would confirm the rollover.","invalidate":"A recovery in both price and Market Dynamics would remove the rollover warning.","level":"positive","direction":"weakening","zone":"middle","zoneContext":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":41.2,"averageReturn":5.9,"sample":17},"nowContext":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price has moved below distribution","detail":"Price left the upper zone as Market Dynamics weakened."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 41.2% of comparable cases moved lower after 12 weeks, with an average move of 5.9% across 17 cases.","watch":"A recovery in both price and Market Dynamics would remove the rollover warning."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 2 cases. Distinct visits lasted 3.5 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 9.4% across 17 completed cases, with the largest move arriving after 5.6 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2025-02-14","price":1327.333252}],"distribution_rollovers":[{"date":"2026-08-14","price":1624.0}],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","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"],"close":[1115.6758,1123.4313,1161.4504,1104.4913,1109.4755,1196.2,1237.5685,1280.9308,1196.2,1132.0231,1129.0409,1122.0693,1087.1508,1183.8972,1210.8267,1127.0463,993.3965,893.4883,899.6522,942.5297,990.9031,1082.174,1099.7904,1169.65,1106.2075,1327.3333,1291.4054,1330.8762,1347.2931,1320.3473,1366.2551,1363.261,1307.3634,1417.1527,1377.223,1275.1077,1329.0277,1305.0632,1212.8999,1168.2662,1241.1581,1206.1101,1275.1077,1285.0929,1285.0929,1258.1329,1198.2318,1158.2811,1124.9813,1199.5737,1214.8998,1278.8419,1344.1628,1361.7668,1368.7705,1383.7469,1383.7469,1379.7506,1448.6881,1411.7017,1497.6438,1513.4548,1409.3433,1451.3237,1434.3317,1436.6306,1436.6306,1359.3666,1447.8253,1405.3452,1405.3452,1424.3363,1444.327,1386.354,1438.24,1304.0,1303.11,1350.0,1300.0,1302.0,1401.0,1365.0,1264.0,1261.0,1265.0,1370.0,1340.0,1380.0,1451.0,1502.3101,1673.3199,1619.0,1580.0,1687.0,1747.99,1728.6123,1776.6704,1803.0833,1824.0722,1897.8203,1870.0,1855.0,1855.0,1624.0],"consensus":[29.877,11.6472,51.0768,-21.6757,0.0,54.8464,51.9996,50.9391,-11.7088,-37.083,-17.2537,-21.7194,-44.2156,44.7681,26.4604,-30.3333,-59.2146,-76.0079,-30.2455,-14.4918,12.3641,51.7047,37.9795,56.2873,-14.0878,73.653,19.9143,59.8652,53.151,8.9845,50.1446,34.4831,-13.4189,62.394,0.0,-28.2852,35.4355,-18.5251,-53.4503,-56.4799,16.9726,-50.5108,38.808,25.3965,20.8591,-8.2033,-49.0681,-57.3284,-54.628,14.661,14.834,50.3681,63.2936,54.0421,34.5217,51.1763,37.4858,17.4039,72.5595,17.331,67.1861,32.0844,-30.3319,39.4856,0.0,12.7098,13.1699,-59.9406,46.5572,-23.6514,0.0,17.0628,18.7041,-40.6122,44.926,-61.7256,-48.2138,11.6229,-58.8287,-34.3989,52.2923,-19.5243,-62.6943,-42.1588,-31.3386,41.603,0.0,45.3877,70.337,63.782,81.8448,11.7092,0.0,70.3021,65.4771,36.3585,52.3206,48.4156,46.489,76.4011,33.7925,18.2118,33.1495,57.4294],"supportDates":["2025-08-22","2025-08-29","2025-09-05","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"],"control":[67.5539,58.6559,26.6949,53.4099,41.4862,13.9536,75.1491,14.4282,77.7933,19.7586,-33.569,44.245,0.0,28.4454,11.6574,-54.8478,47.3057,-25.403,0.0,13.8522,26.5798,-49.335,46.1384,-48.5536,-53.2004,16.495,-63.44,-46.7543,46.2612,-31.6378,-67.6102,-50.0883,-24.944,50.4006,0.0,44.5708,69.5952,62.2542,83.1826,4.8231,0.0,80.5562,75.0236,28.8308,48.913,44.1812,42.9404,72.1814,27.4268,4.0172,32.4562,50.126],"force":[72.1114,45.5708,17.2766,42.1965,20.0062,5.0468,88.1341,11.9586,56.5461,6.981,-72.4655,35.4186,0.0,7.4708,4.322,-93.2193,83.1366,-33.7516,0.0,18.1836,16.0626,-47.7127,77.6656,-89.3677,-26.4173,65.8399,-55.794,-13.3585,92.265,-27.9824,-76.2909,-20.0456,-8.14,63.0857,0.0,57.0243,91.8618,70.3274,93.4156,57.4568,0.0,53.6484,45.58,1.3577,28.7927,21.4983,18.6438,85.3159,5.4437,18.1283,5.0797,75.1652],"direction":[52.1262,54.8202,55.7845,55.0377,45.3993,37.3833,58.4753,41.5697,62.6635,64.1021,-3.4631,36.9512,0.0,1.5314,21.2184,-41.9904,19.5736,-14.4352,0.0,19.9313,11.5902,-25.5715,20.1549,-57.0349,-58.0837,32.6718,-55.7262,-35.3073,30.6329,-0.3613,-47.3644,-48.8918,-55.217,16.2038,0.0,38.0094,55.8098,60.8527,72.0511,68.9834,0.0,70.4785,68.7789,69.9622,73.0206,72.4816,70.4341,74.8559,69.0936,60.3914,53.9916,53.1078],"intensity":[80.7692,5.7692,19.2308,40.3846,19.2308,17.3077,51.9231,23.0769,69.2308,36.5385,80.7692,57.6923,3.8462,30.7692,30.7692,69.2308,78.8462,32.6923,17.3077,9.6154,28.8462,55.7692,50.0,96.1538,90.3846,46.1538,50.0,32.6923,90.3846,61.5385,84.6154,71.1538,5.7692,92.3077,17.3077,34.6154,73.0769,61.5385,100.0,51.9231,50.0,90.3846,71.1538,11.5385,40.3846,11.5385,11.5385,84.6154,30.7692,1.9231,42.3077,100.0],"confirmation":[88.4578,84.965,78.6406,84.0687,79.4018,51.3476,91.6542,29.9153,89.0137,55.0231,57.0131,80.4389,25.122,26.6611,49.3011,88.2728,84.0017,75.8496,25.1261,73.5432,73.7848,81.0794,83.3556,88.7953,82.6882,34.934,86.6624,78.1782,86.0436,51.7314,88.4017,80.6961,77.4188,81.8336,5.6349,82.8912,91.1751,88.633,94.5226,14.0014,13.9421,89.8329,88.2008,56.0161,84.0775,82.7372,82.082,92.7843,56.2095,8.8039,55.0963,87.0292],"persistence":[0.0,25.0,50.0,75.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,75.0,62.5,62.5,62.5,37.5,37.5,12.5,25.0,25.0,37.5,12.5,12.5,12.5,12.5,12.5,0.0,25.0,25.0,25.0,50.0,50.0,50.0,50.0,37.5,12.5,12.5,12.5,37.5,62.5,75.0,75.0,87.5,87.5,87.5,87.5,87.5,87.5,100.0,100.0,100.0,75.0],"assessmentRisk":[18.342,22.9037,32.6575,23.8775,19.0112,12.2511,11.531,21.9123,16.0849,33.8977,18.4131,13.7703,42.5958,53.1164,20.4189,17.517,11.3709,13.1592,21.144,33.2218,12.6345,2.0276,5.6153,17.7346,25.3188,34.0189,19.7438,15.4762,19.9158,22.6722,5.0472,8.0436,33.1775,17.1494,42.1632,24.606,14.6774,17.0526,9.0688,44.0179,44.9927,14.1645,5.8508,28.6076,23.6371,23.3786,19.3779,11.5127,28.6584,25.2825,6.5632,21.1795],"volumeParticipation":true,"latest":{"consensus":57.4,"control":50.1,"force":75.2,"direction":53.1,"confirmation":87.0,"persistence":75.0,"assessmentRisk":21.2,"intensity":100.0,"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 easing","forceState":"Upward commitment","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Established","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+57.4","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+50.1","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+75.2","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+53.1","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"87/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"49.9","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"4.5%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"40.8","detail":"Directional","tone":"positive"},{"label":"Range position","value":"54%","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 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