{"schema_version":"1.0","name":"HEQQ Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"93b76a9a-e36f-4109-973b-452c50c8c695","symbol":"HEQQ","name":"Jpmorgan Etfs (Ireland) Icav - Nasdaq Hedged Equity Laddered Overlay Active Ucits Etf","exchange":"EBS","country":"CH","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. The upward price structure is leading its underlying support.","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, Directional pressure and rotation, Acceleration, deceleration and rollover."},{"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":45,"displayedObservations":45,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","evidenceAlignment":{"status":"Price ahead of underlying support","headline":"The upward price response is leading Market Dynamics","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","take":"Treat the gap as an early-downside risk watch. Stronger Market Dynamics would confirm the price move; a weaker price response would confirm that the gap is closing through correction.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.459495,0.692457,0.850558,0.958909,0.999615,0.980327,0.9551,0.944673,0.886076,0.872073,0.86109,0.671963,0.453466,0.209135,-0.007379,-0.049713,-0.068827],"opens":[25.465,25.605,25.93,25.995001,26.075001,26.105,25.805,26.375,26.049999,26.200001,26.24,25.844999,25.9,25.495001,25.924999,26.290001,26.635],"highs":[25.545,25.885,25.995001,26.0,26.16,26.105,25.969999,26.375,26.135,26.200001,26.24,25.844999,26.09,25.6,26.309999,26.52,26.635],"lows":[25.450001,25.605,25.93,25.965,26.075001,26.105,25.75,26.375,26.045,26.200001,26.24,25.844999,25.620001,25.389999,25.924999,26.290001,26.184999],"closes":[25.545,25.885,25.995001,26.0,26.16,26.105,25.969999,26.375,26.135,26.200001,26.24,25.844999,25.75,25.6,26.290001,26.52,26.184999],"hoverRows":[[{"label":"Open","value":"25.5","className":"is-ohlc","compact":true},{"label":"High","value":"25.5","className":"is-ohlc","compact":true},{"label":"Low","value":"25.5","className":"is-ohlc","compact":true},{"label":"Close","value":"25.5","className":"is-ohlc","compact":true},{"label":"Market 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weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.3","className":"is-ohlc","compact":true},{"label":"High","value":"26.5","className":"is-ohlc","compact":true},{"label":"Low","value":"26.3","className":"is-ohlc","compact":true},{"label":"Close","value":"26.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.05","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.6","className":"is-ohlc","compact":true},{"label":"High","value":"26.6","className":"is-ohlc","compact":true},{"label":"Low","value":"26.2","className":"is-ohlc","compact":true},{"label":"Close","value":"26.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.07","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":[25.4865,26.5785],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.068827,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"slight easing","fourWeekDirection":"weakening","now":{"label":"Slightly 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 is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Price response ahead of support","detail":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","annotations":[{"label":"Current tape relationship","value":"Price response ahead of support","detail":"Market Dynamics weakened this week and 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":"Lagging price","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":17,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-10-17","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":[24.285,24.675,24.775,24.055,24.425,24.04,24.66,24.86,24.585,24.715,24.86,24.925,25.01,24.955,25.01,25.105,24.335,24.605,24.675,24.61,24.475,24.305,24.06,23.63,23.76,24.565,25.305,25.465,25.545,25.885,25.995,26.0,26.16,26.105,25.97,26.375,26.135,26.2,26.24,25.845,25.75,25.6,26.29,26.52,26.185],"consensus":[-100.0,100.0,-100.0,-100.0,19.4561,-57.4844,43.9987,67.3126,-19.3327,50.7781,48.8843,42.9562,60.3337,23.3787,43.55,28.1018,-65.6459,-17.7409,0.0,-21.0678,-17.2282,-42.048,-59.0977,-71.2176,-20.9073,48.8006,66.7616,63.0003,59.8745,70.0609,59.8278,53.1149,72.531,34.6852,26.1975,53.617,18.8147,32.7658,35.1036,-21.3501,-25.3701,-19.3508,60.4382,64.9419,-14.6315],"supportDates":["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,-57.8148,63.1833,66.0482,-26.9041,38.3382,57.3237,54.4608,58.3793,18.4364,41.6283,18.6324,-57.9073,-14.9504,0.0,-14.993,-13.8428,-30.269,-65.5382,-81.9685,-9.6551,52.3745,76.6214,70.8461,63.0902,80.8867,66.5023,57.4768,70.924,30.2231,45.2922,53.8882,39.0117,34.8893,33.266,-19.9799,-21.8532,-7.7144,69.1459,72.41,-25.9099],"force":[-100.0,100.0,-100.0,-100.0,3.7962,-53.084,40.1542,67.5871,-75.7168,67.289,32.2583,23.2747,57.2064,9.5756,41.9599,11.2171,-98.967,-7.5529,0.0,-18.2841,-27.3285,-56.94,-50.3255,-59.6167,-21.1065,76.7882,64.3062,51.9388,47.8664,53.3255,33.6171,21.9873,75.4249,0.99,27.2768,35.213,41.89,10.0129,11.1321,-29.5126,-27.6094,-3.9842,86.5601,67.7057,-65.2422],"direction":[null,null,null,null,30.6418,-60.2499,24.8196,68.5616,-29.5947,53.2015,51.115,43.8663,64.8009,52.5659,46.8821,50.9847,-50.6892,-28.2071,0.0,-29.9988,-13.8827,-44.8725,-58.0032,-67.2174,-63.7766,24.725,57.2472,61.9347,64.7765,69.6426,70.9217,70.3639,72.3003,63.8528,42.5708,66.4528,39.0929,46.5911,54.3263,-17.0857,-27.7899,-43.6256,31.8281,54.4328,-34.4086],"intensity":[null,null,null,null,50.0,60.0,83.3333,14.2857,12.5,11.1111,80.0,9.0909,16.6667,7.6923,28.5714,80.0,100.0,52.9412,22.2222,21.0526,40.0,28.5714,36.3636,78.2609,29.1667,100.0,92.3077,85.1852,39.2857,58.6207,56.6667,3.2258,21.875,6.0606,64.7059,85.7143,58.3333,21.6216,5.2632,74.359,37.5,80.4878,90.4762,62.7907,56.8182],"confirmation":[54.6667,54.6667,54.6667,54.6667,28.1767,86.2559,81.6701,89.5677,36.7697,84.9417,83.0077,80.9709,87.2412,31.2616,81.9168,76.6223,90.1401,50.7424,29.0315,74.7494,73.8724,82.0887,86.5458,90.2723,32.7507,84.4147,89.1386,87.7034,86.7449,89.7445,86.2444,83.9817,91.3226,55.4737,34.9483,84.5924,35.4661,77.7593,78.5306,75.1017,76.2403,28.5679,88.0036,88.7518,25.9631],"persistence":[null,null,33.3333,50.0,20.0,33.3333,14.2857,0.0,0.0,0.0,25.0,50.0,50.0,75.0,75.0,75.0,75.0,50.0,37.5,12.5,12.5,37.5,62.5,87.5,87.5,62.5,50.0,25.0,0.0,25.0,50.0,75.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,50.0,25.0,25.0,25.0,0.0],"assessmentRisk":[null,null,null,null,5.3224,16.0821,33.9898,13.8737,27.5952,21.2198,0.4973,12.6821,11.7237,18.8587,0.1203,11.2213,15.4835,30.7113,42.602,37.4043,33.8947,21.023,19.7608,14.3384,39.1098,6.8711,16.3903,18.4866,20.0459,14.9218,18.3388,19.195,11.1131,11.3808,16.8339,14.2631,13.5857,1.0588,22.6944,38.7024,34.8696,39.9692,21.0154,16.8208,52.5289],"volumeParticipation":true,"latest":{"consensus":-14.6,"control":-25.9,"force":-65.2,"direction":-34.4,"confirmation":26.0,"persistence":0.0,"assessmentRisk":52.5,"intensity":56.8,"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":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-14.6","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-25.9","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-65.2","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-34.4","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"26/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"61.0","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"1.3%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"19.2","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"85%","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 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HEQQ Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/93b76a9a-e36f-4109-973b-452c50c8c695/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."}