{"schema_version":"1.0","name":"AMUN Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"957e87b4-aa0e-438f-a6c6-4ae47e1c1f5e","symbol":"AMUN","name":"abrdn Ultra Short Municipal Income Active ETF","exchange":"NASDAQ","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","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 pressure and compression, Range position and boundary pressure, Directional pressure and rotation, 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":"2026-08-21","observations":44,"displayedObservations":44,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","evidenceAlignment":{"status":"Evidence aligned","headline":"Upward price structure retains strong Market Dynamics support","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","take":"The advance remains supported. Reclassify it only if the broader Market Dynamics path weakens or price structure breaks.","tone":"positive","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.002339,-0.061897,-0.245175,-0.201356,-0.104204,0.024175,0.181147,0.356883,0.185898,0.072921,-0.052362,-0.236755,-0.20695,-0.055573,0.110445,0.315938],"opens":[25.912917,25.902966,25.922868,25.922868,25.966262,25.986213,25.966262,26.016139,25.932653,25.936456,25.97137,25.956606,25.986333,25.98,26.015,26.035],"highs":[25.992526,25.912917,25.951328,25.962673,25.986213,25.986213,26.006164,26.035592,25.976358,25.995311,25.991321,26.006285,26.015263,26.02,26.075,26.11],"lows":[25.813405,25.823356,25.803454,25.873112,25.92636,25.946311,25.826605,25.956286,25.932653,25.876602,25.876602,25.956606,25.976358,25.98,26.015,26.035],"closes":[25.902966,25.912917,25.922868,25.947746,25.97125,25.981225,25.991201,26.016139,25.961395,25.976358,25.981346,25.986333,25.996309,26.02,26.07,26.075],"hoverRows":[[{"label":"Open","value":"25.9","className":"is-ohlc","compact":true},{"label":"High","value":"26.0","className":"is-ohlc","compact":true},{"label":"Low","value":"25.8","className":"is-ohlc","compact":true},{"label":"Close","value":"25.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.00","note":"Supportive and strengthening","className":"is-positive","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":"25.9","className":"is-ohlc","compact":true},{"label":"Low","value":"25.8","className":"is-ohlc","compact":true},{"label":"Close","value":"25.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.06","note":"Cautious and weakening","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":"26.0","className":"is-ohlc","compact":true},{"label":"Low","value":"25.8","className":"is-ohlc","compact":true},{"label":"Close","value":"25.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.25","note":"Cautious and weakening","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":"26.0","className":"is-ohlc","compact":true},{"label":"Low","value":"25.9","className":"is-ohlc","compact":true},{"label":"Close","value":"25.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.20","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.0","className":"is-ohlc","compact":true},{"label":"High","value":"26.0","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":"-0.10","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.0","className":"is-ohlc","compact":true},{"label":"High","value":"26.0","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":"0.02","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.0","className":"is-ohlc","compact":true},{"label":"High","value":"26.0","className":"is-ohlc","compact":true},{"label":"Low","value":"25.8","className":"is-ohlc","compact":true},{"label":"Close","value":"26.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.18","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.0","className":"is-ohlc","compact":true},{"label":"High","value":"26.0","className":"is-ohlc","compact":true},{"label":"Low","value":"26.0","className":"is-ohlc","compact":true},{"label":"Close","value":"26.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.36","note":"Supportive and strengthening","className":"is-positive","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":"26.0","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":"0.19","note":"Supportive but easing","className":"is-positive","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":"26.0","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":"0.07","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.0","className":"is-ohlc","compact":true},{"label":"High","value":"26.0","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":"-0.05","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.0","className":"is-ohlc","compact":true},{"label":"High","value":"26.0","className":"is-ohlc","compact":true},{"label":"Low","value":"26.0","className":"is-ohlc","compact":true},{"label":"Close","value":"26.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.24","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.0","className":"is-ohlc","compact":true},{"label":"High","value":"26.0","className":"is-ohlc","compact":true},{"label":"Low","value":"26.0","className":"is-ohlc","compact":true},{"label":"Close","value":"26.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.21","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.0","className":"is-ohlc","compact":true},{"label":"High","value":"26.0","className":"is-ohlc","compact":true},{"label":"Low","value":"26.0","className":"is-ohlc","compact":true},{"label":"Close","value":"26.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.06","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.0","className":"is-ohlc","compact":true},{"label":"High","value":"26.1","className":"is-ohlc","compact":true},{"label":"Low","value":"26.0","className":"is-ohlc","compact":true},{"label":"Close","value":"26.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.11","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.0","className":"is-ohlc","compact":true},{"label":"High","value":"26.1","className":"is-ohlc","compact":true},{"label":"Low","value":"26.0","className":"is-ohlc","compact":true},{"label":"Close","value":"26.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.32","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[25.892644,26.085322],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.315938,"state":"Positive and strengthening","context":{"scenario":"positiveSustained","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"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":"Extended but supported","detail":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","tone":"caution"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Price is inside distribution conditions, but Market Dynamics still offers support. Extension can persist; a rollover has not been confirmed.","annotations":[{"label":"Current tape relationship","value":"Extended but supported","detail":"Market Dynamics strengthened this week and remains positive.","tone":"caution"},{"label":"Price location","value":"Distribution zone","detail":"Price is extended; support can persist, but rollover risk must be monitored.","tone":"caution"},{"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":"Supported","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":16,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-10-24","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":[25.5789,25.6329,25.6399,25.6546,25.6645,25.6743,25.6818,25.7062,25.7209,25.7331,25.7479,25.7677,25.7924,25.7973,25.822,25.8308,25.8469,25.842,25.8914,25.893,25.8858,25.8759,25.8759,25.9022,25.9321,25.9321,25.947,25.8831,25.903,25.9129,25.9229,25.9477,25.9713,25.9812,25.9912,26.0161,25.9614,25.9764,25.9813,25.9863,25.9963,26.02,26.07,26.075],"consensus":[-52.6314,100.0,81.8182,53.1664,21.129,18.4594,17.6945,22.9137,24.1387,22.8991,25.8447,32.7701,29.3303,29.0379,25.2776,33.3762,18.6475,14.1161,38.3549,27.7141,12.2469,11.4964,0.0,22.5454,30.9192,10.7267,11.3807,0.0,0.0,13.6858,9.5022,23.9347,27.8297,26.0634,24.532,29.0842,0.0,14.9967,11.6611,0.0,12.5129,32.4359,52.8313,28.5953],"supportDates":["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,20.2932,18.9379,25.9964,26.5616,22.4572,29.1655,39.0104,28.2623,31.181,17.738,39.2169,14.4337,14.424,47.6725,34.4208,12.6715,11.1408,0.0,28.6679,29.3787,6.4979,5.3893,0.0,0.0,21.3968,13.4061,25.9894,27.2317,30.1916,21.7213,28.9121,0.0,19.5974,16.594,0.0,12.9614,40.507,51.8715,26.8332],"force":[-52.6314,100.0,81.8182,53.1664,5.1041,16.0604,15.405,17.6266,18.4469,19.5377,16.4767,25.3399,23.7777,21.2285,25.0595,24.5039,18.0688,4.1292,34.5069,15.5698,3.5883,2.8638,0.0,20.8089,41.3555,1.6539,1.1374,0.0,0.0,16.2296,11.8339,24.7887,31.8565,18.2125,26.6058,28.0991,0.0,19.9077,12.6843,0.0,7.8062,33.4763,74.1025,18.1129],"direction":[null,null,null,null,32.5754,18.0772,17.9089,23.1671,25.4353,25.8052,28.7408,30.9455,34.517,32.1668,34.05,33.0384,23.8767,20.8977,30.4547,28.7239,23.0725,18.069,0.0,16.7888,25.2253,24.4029,27.1696,0.0,0.0,3.0562,3.3751,20.9765,25.6368,26.9532,26.2629,29.9844,0.0,6.231,5.2927,0.0,15.3624,22.4686,38.7344,38.0965],"intensity":[null,null,null,null,100.0,80.0,16.6667,71.4286,25.0,44.4444,70.0,27.2727,50.0,38.4615,92.8571,80.0,81.25,70.5882,33.3333,15.7895,25.0,52.381,59.0909,39.1304,62.5,68.0,3.8462,74.0741,64.2857,48.2759,26.6667,38.7097,34.375,21.2121,70.5882,74.2857,36.1111,35.1351,2.6316,56.4103,15.0,24.3902,38.0952,27.907],"confirmation":[39.5087,54.6667,48.8485,39.6799,28.6954,73.806,73.5735,75.1243,75.514,75.232,75.9342,78.1649,77.2327,77.0215,76.1971,78.321,74.0138,49.5414,80.0143,76.3962,49.5288,48.7545,2.4227,75.0683,78.2357,26.1392,26.2609,2.9391,24.6869,49.6728,48.3856,75.6538,77.0373,76.0381,75.9563,77.2795,24.2351,50.2118,49.0209,25.0131,49.1872,78.2882,85.5689,84.8579],"persistence":[null,null,33.3333,50.0,60.0,66.6667,71.4286,75.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,87.5,87.5,87.5,87.5,87.5,75.0,62.5,62.5,75.0,75.0,75.0,75.0,75.0,87.5,87.5,87.5,87.5,75.0,75.0,75.0,75.0,75.0],"assessmentRisk":[null,null,null,null,39.4231,39.8656,40.5048,38.4064,37.8855,38.529,37.0731,33.609,35.334,35.4781,37.3612,33.3119,40.6762,42.9398,30.821,36.1361,43.4772,43.0186,37.4445,14.5088,34.1278,44.5127,44.2892,32.3433,43.2399,38.3772,41.5151,37.6518,35.7666,36.6724,37.476,35.1864,16.5431,16.1961,22.917,43.6956,41.0084,32.5937,23.5456,35.6626],"volumeParticipation":true,"latest":{"consensus":28.6,"control":26.8,"force":18.1,"direction":38.1,"confirmation":84.9,"persistence":75.0,"assessmentRisk":35.7,"intensity":27.9,"evidenceDepth":100},"analysis":{"status":"Joint upward confirmation","headline":"The gauges support the upward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same upward assessment.","take":"Current assessment: upward pressure has broad support.","tone":"positive","supportedView":"Price structure and Market Dynamics","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":"Upward follow-through","persistenceState":"Established","confirmationState":"Strong support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+28.6","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+26.8","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+18.1","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+38.1","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"85/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"80.6","detail":"Stretched positive","tone":"positive"},{"label":"Risk pressure","value":"0.4%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"19.8","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"90%","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":[25.5789,25.6329,25.6399,25.6546,25.6645,25.6743,25.6818,25.7062,25.7209,25.7331,25.7479,25.7677,25.7924,25.7973,25.822,25.8308,25.8469,25.842,25.8914,25.893,25.8858,25.8759,25.8759,25.9022,25.9321,25.9321,25.947,25.8831,25.903,25.9129,25.9229,25.9477,25.9713,25.9812,25.9912,26.0161,25.9614,25.9764,25.9813,25.9863,25.9963,26.02,26.07,26.075],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,25.6185,25.6287,25.6383,25.6507,25.6634,25.6761,25.6892,25.7035,25.7196,25.7338,25.7498,25.7645,25.7795,25.7909,25.8091,25.8244,25.8356,25.8429,25.8489,25.8586,25.872,25.8829,25.8946,25.8925,25.8944,25.8977,25.9023,25.9106,25.9216,25.9324,25.9431,25.9564,25.9573,25.9608,25.9645,25.9685,25.9735,25.982,25.998,26.012],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,25.6606,25.6707,25.6819,25.693,25.7044,25.7146,25.7277,25.7399,25.7507,25.76,25.7686,25.7785,25.7898,25.8004,25.8112,25.8166,25.823,25.8296,25.8365,25.8448,25.8541,25.8636,25.873,25.8836,25.8894,25.8958,25.9022,25.9084,25.9149,25.9227,25.9336,25.9441],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,25.7556,25.7705,25.7873,25.8073,25.8232,25.8419,25.8583,25.875,25.887,25.9075,25.9242,25.9321,25.9405,25.9462,25.9545,25.9658,25.9739,25.9814,25.9782,25.9762,25.9738,25.9715,25.973,25.9802,25.9869,25.9963,26.0098,26.0114,26.0125,26.0179,26.0232,26.0284,26.0355,26.0523,26.0692],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,25.5818,25.5814,25.5798,25.5766,25.5758,25.5734,25.5723,25.5712,25.5723,25.5689,25.5676,25.5904,25.6063,25.6243,25.6407,25.6561,25.6738,25.6929,25.7138,25.734,25.7543,25.7742,25.7906,25.8013,25.8131,25.8206,25.8255,25.8355,25.8477,25.8513,25.8554,25.8612,25.8686,25.8711,25.8715],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,54.3451,57.4925,52.9032,37.5511,42.2554,49.6941,66.8044,385.7652,242.1155,369.4499,7.1325,27.0024,17.6353,146.7919,29.2898,47.9022,50.1194,1496.6195,27.57,8.4393,9.5672,34.8806,15.9832,24.8551,10.3002,44.2346,13.7188,55.9997,26.0311,5.4824,18.1378,21.9307,11.1936,3.3248,14.9723,122.162,34.1973],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,134.8593,135.0,135.0,132.2058,131.6544,131.6544,132.5873,135.0,135.0,135.0,134.835,135.0,135.0,135.0,135.0,135.0,135.0,135.0,135.0,134.9181,135.0,135.0,135.0,135.0,135.0,135.0,135.0],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,0.6059,0.6413,0.6046,0.6486,0.6161,0.5887,0.5603,0.5369,0.5371,0.5316,0.5076,0.5201,0.5158,0.5088,0.4925,0.5064,0.4947,0.5,0.4885,0.4696,0.4469,0.4642,0.4524,0.4439,0.4446,0.4443,0.4261,0.4062,0.3879,0.3759,0.3695],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,0.6769,0.7364,0.808,0.8978,0.9626,1.0443,1.1122,1.1811,1.2232,1.3159,1.3851,1.3264,1.2968,1.2484,1.2165,1.1998,1.1619,1.1164,1.0231,0.9369,0.8485,0.7625,0.7048,0.6908,0.671,0.6781,0.711,0.6786,0.6356,0.6422,0.6467,0.6446,0.6431,0.6981,0.7613],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,65.2235,68.8914,71.9187,75.5963,80.4994,86.6286,87.8544,70.5529,72.1906,74.4348,73.54,82.6521,82.9381,81.6198,79.7888,79.7888,84.6516,90.1585,84.5138,87.0948,76.0346,77.1459,79.062,80.9781,85.5801,88.8835,91.0834,93.2834,95.1519,81.5084,85.2375,85.2157,86.5749,89.2938,95.7505,98.345,89.6178],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-0.5421,-0.485,-0.4378,-0.3804,-0.304,-0.2085,-0.1893,-0.6084,-0.5745,-0.5333,-0.552,-0.3619,-0.3559,-0.3834,-0.4216,-0.4216,-0.3202,-0.2053,-0.3442,-0.2868,-0.5326,-0.4561,-0.4179,-0.3796,-0.284,-0.1937,-0.1554,-0.117,-0.0747,-0.285,-0.2275,-0.2084,-0.1892,-0.1509,-0.0599,-0.0192,-0.134],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,1.0329,1.091,1.1389,1.1972,1.2748,1.3719,1.3913,1.4883,1.5229,1.5859,1.5669,1.761,1.7671,1.739,1.7,1.7,1.8036,1.9209,1.9209,1.9796,1.7282,1.571,1.6101,1.6491,1.7196,1.5763,1.6153,1.6544,1.4894,1.2758,1.3342,1.2181,1.2375,1.2764,1.3687,1.1528,1.1722],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"momentum","eyebrow":"Momentum pressure","title":"Directional pressure and rotation","description":"Two independent momentum views show whether pressure is broadening, fading or stretched.","reason":"Selected because momentum is stretched and deserves mean-reversion context.","series":[{"label":"Momentum","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,100.0,100.0,100.0,98.67,98.8393,98.8443,96.7862,93.8627,93.8627,94.3851,94.9131,94.9131,95.1762,76.8388,78.2435,78.9315,79.6254,81.2848,82.717,83.3011,83.8875,85.2793,70.8182,72.2056,72.672,73.157,74.1455,76.3708,80.237,80.5792],"stroke":"#063b66","width":2.0},{"label":"Rotation","values":[null,null,null,null,null,null,59.1834,65.2235,68.8914,71.9187,75.5963,80.4994,86.6286,87.8544,70.5529,72.1906,71.3147,70.3106,80.5349,80.5832,76.1194,73.7404,73.7404,76.3022,84.8048,76.877,78.8567,60.7362,66.3748,69.1939,60.2895,70.2898,79.7378,83.7474,87.7575,92.5952,71.7569,77.4525,76.632,78.7803,83.0777,93.2833,98.1587,88.5825],"stroke":"#1678a7","width":1.5},{"label":"Rotation signal","values":[null,null,null,null,null,null,null,62.2035,64.4328,68.6779,72.1355,76.0048,80.9081,84.9941,81.6786,76.866,71.3527,71.272,74.0534,77.1429,79.0792,76.8143,74.5334,74.5943,78.2825,79.328,80.1795,72.1566,68.6559,65.435,65.2861,66.5911,70.1057,77.925,83.7476,88.0334,84.0365,80.6015,75.2805,77.6216,79.4967,85.0471,91.5066,93.3415],"stroke":"#b87806","width":1.4}],"guides":[{"label":"Upper zone","values":[70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0],"stroke":"#c13f3f","width":1.0,"dash":[6,5]},{"label":"Centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]},{"label":"Lower zone","values":[30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0],"stroke":"#07865c","width":1.0,"dash":[6,5]}],"dates":["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,25.8503,25.3746,25.9503,26.4849,27.2995,28.1485,29.1301,30.0417,28.7808,27.9365,26.7918,24.9349,23.2107,21.821,20.6606,19.6548,19.5039,19.8021],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,7.1177,14.1205,13.9044,18.6161,18.2027,18.8136,18.567,19.019,17.6606,20.1773,19.6023,17.7428,20.331,19.1281,18.394,22.5605,21.4347,21.8048,21.3436,21.9741,21.4346,19.1558,20.0199,18.984,17.5902,16.3415,16.7831,16.9487,16.8041,20.0781,21.5563],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,8.1863,7.1748,7.065,6.1114,5.9757,5.7955,5.6539,5.4809,9.1706,8.6039,8.5173,12.4894,11.693,11.0011,12.471,11.2546,10.693,9.8215,9.3258,8.9989,8.778,14.9324,14.2137,14.943,17.3125,16.0836,15.5682,15.1585,14.7294,14.0853,13.3021],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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/957e87b4-aa0e-438f-a6c6-4ae47e1c1f5e/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/957e87b4-aa0e-438f-a6c6-4ae47e1c1f5e/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/957e87b4-aa0e-438f-a6c6-4ae47e1c1f5e/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/957e87b4-aa0e-438f-a6c6-4ae47e1c1f5e/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/957e87b4-aa0e-438f-a6c6-4ae47e1c1f5e/technical-pack/data.json"},"source_fingerprint":"b3cb820b446c1029b183e0ee70d119f381aa3b4abd27c3030f1621a2b6f5f2f8","content_hash":"bc96fb8b71b076ac7647e506b8b4b690c1bfe2b766f36979998958e431dabfd6","citation":"Sharemaestro, AMUN Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/957e87b4-aa0e-438f-a6c6-4ae47e1c1f5e/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."}