{"schema_version":"1.0","name":"KYLD Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"90eef0ac-38e0-4e88-8a66-22102fee0a1a","symbol":"KYLD","name":"Kurv High Income ETF","exchange":"CBOE","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted 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, Activity pressure and cumulative balance, Range position and boundary pressure, Directional strength and control, Drawdown and recovery pressure, 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":43,"displayedObservations":43,"assetType":"ETF","state":"Rotational","stateTone":"caution","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","evidenceAlignment":{"status":"Negative pressure; price rotational","headline":"Market Dynamics is negative while price has no clear direction","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","take":"The underlying condition is weak, but a negative price response is still required.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.925542,1.218732,1.282963,1.194206,1.150895,1.202617,1.230417,1.255356,1.230549,0.942195,0.621937,0.286158,-0.044786,-0.122143,-0.163374],"opens":[21.48945,20.957689,21.707502,22.036841,21.040332,21.810458,22.613256,22.033463,21.913983,21.534308,20.462096,20.71505,20.219017,21.21623,21.187644],"highs":[21.576257,21.240255,22.245255,22.242109,21.668255,22.591361,22.661887,22.648012,22.191006,21.534308,20.989681,20.729762,21.067558,21.287163,21.366779],"lows":[20.696082,19.959801,21.405836,20.76582,20.31044,21.810458,21.629917,21.49559,20.896229,19.622526,20.286372,19.351502,19.785259,20.701177,20.5],"closes":[20.792973,21.074772,22.137696,20.912471,21.609684,22.555192,22.137937,21.83741,21.609045,20.209151,20.43061,19.942989,20.844104,21.187545,20.78],"hoverRows":[[{"label":"Open","value":"21.5","className":"is-ohlc","compact":true},{"label":"High","value":"21.6","className":"is-ohlc","compact":true},{"label":"Low","value":"20.7","className":"is-ohlc","compact":true},{"label":"Close","value":"20.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.93","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.0","className":"is-ohlc","compact":true},{"label":"High","value":"21.2","className":"is-ohlc","compact":true},{"label":"Low","value":"20.0","className":"is-ohlc","compact":true},{"label":"Close","value":"21.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.22","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"21.7","className":"is-ohlc","compact":true},{"label":"High","value":"22.2","className":"is-ohlc","compact":true},{"label":"Low","value":"21.4","className":"is-ohlc","compact":true},{"label":"Close","value":"22.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.28","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"22.0","className":"is-ohlc","compact":true},{"label":"High","value":"22.2","className":"is-ohlc","compact":true},{"label":"Low","value":"20.8","className":"is-ohlc","compact":true},{"label":"Close","value":"20.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.19","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"21.0","className":"is-ohlc","compact":true},{"label":"High","value":"21.7","className":"is-ohlc","compact":true},{"label":"Low","value":"20.3","className":"is-ohlc","compact":true},{"label":"Close","value":"21.6","className":"is-ohlc","compact":true},{"label":"Market 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but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.7","className":"is-ohlc","compact":true},{"label":"High","value":"20.7","className":"is-ohlc","compact":true},{"label":"Low","value":"19.4","className":"is-ohlc","compact":true},{"label":"Close","value":"19.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.29","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.2","className":"is-ohlc","compact":true},{"label":"High","value":"21.1","className":"is-ohlc","compact":true},{"label":"Low","value":"19.8","className":"is-ohlc","compact":true},{"label":"Close","value":"20.8","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":"21.2","className":"is-ohlc","compact":true},{"label":"High","value":"21.3","className":"is-ohlc","compact":true},{"label":"Low","value":"20.7","className":"is-ohlc","compact":true},{"label":"Close","value":"21.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.12","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.2","className":"is-ohlc","compact":true},{"label":"High","value":"21.4","className":"is-ohlc","compact":true},{"label":"Low","value":"20.5","className":"is-ohlc","compact":true},{"label":"Close","value":"20.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.16","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[19.786257,22.711924],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.163374,"state":"Negative and weakening","context":{"scenario":"negativeWeakening","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted 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":"Negative and weakening","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Negative and weakening","detail":"Market Dynamics weakened this week and remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"22 May 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":15,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[{"date":"2026-05-22","price":21.074772}],"reversal_warnings":[{"date":"2026-05-29","price":22.137696}],"reversal_dangers":[{"date":"2026-06-05","price":20.912471}]}},"smTape":{"available":true,"dates":["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":[21.2043,19.9361,19.1489,17.9158,19.6498,19.7311,19.715,19.399,19.5074,19.2504,19.8533,20.1749,20.0543,18.7334,18.1881,18.3602,18.8758,19.0313,18.1207,17.8842,17.385,17.2969,18.0435,18.861,20.0214,20.275,20.0908,21.229,20.793,21.0748,22.1377,20.9125,21.6097,22.5552,22.1379,21.8374,21.609,20.2092,20.4306,19.943,20.8441,21.1875,20.78],"consensus":[-36.8424,-35.018,-39.18,-22.2051,-27.8211,-10.3659,-9.0034,-12.4483,-13.8769,-28.8492,27.0091,28.3514,0.0,-63.0403,-54.5807,-27.1755,0.0,0.0,-45.2023,-34.9469,-51.0537,-44.313,12.9346,34.717,59.5932,51.3769,28.4876,66.6618,0.0,40.5177,63.922,-18.9698,49.9139,68.1048,9.4666,11.8592,0.0,-52.3092,-17.7131,-39.1654,17.8689,25.671,-13.3256],"supportDates":["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,-5.0394,-18.0058,-23.4522,-13.5614,-21.6993,27.6649,18.4578,0.0,-54.9497,-38.8601,-16.0041,0.0,0.0,-52.9519,-38.6574,-53.9932,-46.4351,20.2423,35.4631,61.8046,55.4647,22.8597,69.7297,0.0,40.6031,67.7873,-22.37,49.8428,70.2957,11.2665,3.4291,0.0,-43.9745,-16.9845,-33.5229,27.1708,24.6686,-17.6101],"force":[-36.8424,-35.018,-39.18,-22.2051,-36.2386,-6.0481,-1.1369,-8.2201,-2.1218,-22.1287,56.6387,35.297,0.0,-91.4399,-62.1133,-3.0615,0.0,0.0,-54.265,-23.6141,-44.4954,-29.7677,42.0375,46.1808,65.739,38.7175,6.0826,68.2137,0.0,27.0269,57.3181,-69.0179,54.2059,76.6107,29.8802,14.5234,0.0,-85.7679,-1.1769,-44.3989,44.872,32.5736,-28.2508],"direction":[null,null,null,null,-73.578,-28.1778,-4.3339,-2.8926,-25.6651,-41.8208,5.0957,34.6972,0.0,-52.0012,-67.1666,-61.5406,0.0,0.0,-29.8723,-38.8013,-52.3787,-52.2773,16.2048,25.6758,52.6759,55.7476,50.9231,62.0471,0.0,50.0562,64.2217,-20.6648,46.9294,59.5252,35.5143,40.3383,0.0,-37.9356,-32.0387,-41.8758,12.0498,21.8862,-2.2319],"intensity":[null,null,null,null,75.0,40.0,16.6667,28.5714,25.0,22.2222,30.0,45.4545,8.3333,76.9231,85.7143,40.0,25.0,41.1765,66.6667,5.2632,40.0,14.2857,54.5455,73.913,70.8333,40.0,11.5385,70.3704,64.2857,48.2759,90.0,77.4194,43.75,90.9091,20.5882,14.2857,27.7778,86.4865,42.1053,66.6667,62.5,65.8537,19.0476],"confirmation":[34.4562,33.8724,35.2043,29.7723,17.5707,26.855,25.1708,49.0202,49.7438,77.1359,54.8693,77.4349,25.844,89.1617,85.9349,53.9313,32.0675,25.4568,82.6229,78.7811,84.0925,81.7045,31.0384,79.4474,87.2234,83.9925,53.8523,89.3323,9.0194,80.5532,88.1949,34.619,84.1043,90.0194,30.8438,6.2177,4.202,85.8857,50.688,80.7784,31.6365,76.4404,50.4632],"persistence":[null,null,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,50.0,37.5,37.5,37.5,37.5,25.0,12.5,37.5,62.5,75.0,75.0,50.0,25.0,12.5,0.0,25.0,50.0,62.5,87.5,87.5,62.5,62.5,62.5,62.5,62.5,62.5,37.5,12.5,12.5,12.5,12.5,12.5],"assessmentRisk":[null,null,null,null,28.5534,3.8284,29.4704,51.926,0.8901,11.1573,5.3831,22.8533,26.5514,3.5473,21.4357,35.6514,49.7941,24.8807,16.279,18.3067,24.0882,27.6969,13.041,28.8156,20.1584,24.2944,35.6761,16.6307,38.2687,22.6419,17.8255,11.4019,15.9517,14.5928,4.7164,36.8212,1.5584,23.5983,39.8954,29.5919,46.9624,30.0155,27.9652],"volumeParticipation":true,"latest":{"consensus":-13.3,"control":-17.6,"force":-28.3,"direction":-2.2,"confirmation":50.5,"persistence":12.5,"assessmentRisk":28.0,"intensity":19.0,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-13.3","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-17.6","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-28.3","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-2.2","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"50/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"46.8","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"5.4%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"21.1","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"69%","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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KYLD Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/90eef0ac-38e0-4e88-8a66-22102fee0a1a/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."}