{"schema_version":"1.0","name":"NOWS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"9e0aa22b-985d-4a4e-8b88-d5acbc7d633b","symbol":"NOWS","name":"ServiceNow, Inc.","exchange":"TOR","country":"CA","asset_type":"etf","currency":"CAD","sector":null,"industry":null},"summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","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, Acceleration, deceleration and rollover, Range position and boundary pressure, 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":35,"displayedObservations":35,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","evidenceAlignment":{"status":"Evidence developing","headline":"Price structure is visible; Market Dynamics is not yet established","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","take":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","tone":"neutral","conflict":false},"marketDynamics":{"available":true,"readAvailable":false,"dates":["2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"values":[0.356791,0.455626,0.548302,0.690045,0.801733,0.906797,1.031359],"opens":[14.21,13.12,12.8,13.0,14.2,15.88,15.64],"highs":[14.22,13.49,13.44,15.04,16.07,16.52,16.719999],"lows":[13.54,13.1,11.71,12.83,14.2,15.51,15.0],"closes":[13.75,13.18,12.66,14.2,15.9,15.79,16.389999],"hoverRows":[[{"label":"Open","value":"14.2","className":"is-ohlc","compact":true},{"label":"High","value":"14.2","className":"is-ohlc","compact":true},{"label":"Low","value":"13.5","className":"is-ohlc","compact":true},{"label":"Close","value":"13.8","className":"is-ohlc","compact":true},{"label":"Market 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displayed history, price has progressed from the lower accumulation area, through the middle range and into the upper positioning zone. 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Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"distribution","zoneContext":"Across the displayed history, price has progressed from the lower accumulation area, through the middle range and into the upper positioning zone. This describes price location only; it does not establish active distribution or a reversal.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","sample":0},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price structure is upward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"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":"The current relationship is visible, but this ticker does not yet have a completed comparable outcome.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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":[19.81,19.13,18.34,16.53,17.24,15.09,13.03,13.85,13.48,13.95,16.06,14.64,14.25,12.82,13.14,10.69,12.48,11.67,11.72,11.7,12.23,13.12,15.98,14.41,13.11,12.32,12.61,13.48,13.75,13.18,12.66,14.2,15.9,15.79,16.39],"consensus":[-29.7301,-59.3221,-96.875,-52.4497,-45.2054,-76.5879,-81.3067,-11.8641,-71.0426,-15.2519,48.4628,-45.8513,-34.9992,-73.1874,-33.3377,-84.4332,0.0,-52.934,-23.8768,-17.8456,0.0,21.0031,70.7867,0.0,-11.0456,-22.9107,0.0,0.0,9.3238,0.0,-19.1665,45.3406,66.0508,25.9419,54.658],"supportDates":["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,-82.4425,-90.9917,-2.1897,-70.874,-2.628,38.965,-56.5042,-49.7382,-74.9372,-23.114,-80.2084,0.0,-45.31,-18.6394,-29.9861,0.0,4.3022,63.9851,0.0,-16.209,-24.5356,0.0,0.0,2.4138,0.0,-17.4193,38.49,66.8827,16.0059,50.3455],"force":[-29.7301,-59.3221,-96.875,-52.4497,-30.2332,-54.2622,-55.747,-64.6706,-55.5854,-44.3423,98.5839,-61.723,-25.4457,-76.2343,-3.0358,-96.6702,0.0,-71.0398,-1.3895,-1.7074,0.0,52.0179,97.5176,0.0,-27.6306,-17.2356,0.0,0.0,1.8395,0.0,-37.0377,75.856,76.7914,1.5047,53.3515],"direction":[null,null,null,null,-99.0902,-85.8439,-88.495,-82.5931,-82.2761,-72.2465,23.5167,-22.3396,-24.9786,-69.0112,-71.003,-80.5208,0.0,-48.7144,-47.9098,-17.9372,0.0,17.9362,59.4665,0.0,-6.7018,-25.1072,0.0,0.0,22.5668,0.0,-8.398,31.3732,57.4282,56.902,60.5198],"intensity":[null,null,null,null,75.0,100.0,83.3333,57.1429,12.5,11.1111,90.0,54.5455,41.6667,61.5385,35.7143,100.0,68.75,29.4118,50.0,5.2632,10.0,71.4286,100.0,60.8696,91.6667,32.0,7.6923,77.7778,10.7143,24.1379,53.3333,61.2903,71.875,45.4545,17.6471],"confirmation":[32.1803,41.6497,53.6667,39.4506,20.6917,91.7385,93.0916,15.9417,90.2651,12.7165,85.1803,82.9938,78.684,91.4862,55.6963,95.4559,37.2634,85.6068,52.5801,50.6273,8.2735,53.254,91.57,34.4843,50.7244,75.1337,28.9252,0.8969,25.5275,27.8083,74.7045,83.5434,89.4509,53.2707,55.0],"persistence":[null,null,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,75.0,75.0,75.0,75.0,75.0,62.5,62.5,87.5,87.5,75.0,50.0,25.0,12.5,25.0,25.0,12.5,0.0,12.5,0.0,25.0,12.5,12.5,37.5,50.0],"assessmentRisk":[null,null,null,null,27.0745,11.6742,9.3441,43.1138,14.3769,31.1422,24.7136,49.9294,44.8835,0.3309,32.4049,7.4878,45.2704,7.0397,27.4742,42.787,13.5496,30.7353,14.3197,50.9753,33.4135,14.2515,48.8614,27.9229,20.0845,36.5457,11.8735,4.9429,14.0881,35.6306,22.4529],"volumeParticipation":true,"latest":{"consensus":54.7,"control":50.3,"force":53.4,"direction":60.5,"confirmation":55.0,"persistence":50.0,"assessmentRisk":22.5,"intensity":17.6,"evidenceDepth":100},"analysis":{"status":"Price structure has the available support","headline":"The gauges support the price-technical view","summary":"Market Dynamics does not provide a directional confirmation. The completed evidence supports the upward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"positive","supportedView":"Price structure","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":"Developing","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+54.7","detail":"Price structure has the available support","tone":"positive"},{"label":"SM Control Gauge","value":"+50.3","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+53.4","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+60.5","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"55.1","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"9.1%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"24.7","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"95%","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":[19.81,19.13,18.34,16.53,17.24,15.09,13.03,13.85,13.48,13.95,16.06,14.64,14.25,12.82,13.14,10.69,12.48,11.67,11.72,11.7,12.23,13.12,15.98,14.41,13.11,12.32,12.61,13.48,13.75,13.18,12.66,14.2,15.9,15.79,16.39],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,18.6082,17.9685,17.0706,16.485,15.9387,15.5771,15.6649,15.4785,15.2552,14.8124,14.5083,13.8141,13.5715,13.2258,12.952,12.7244,12.6345,12.7228,13.315,13.5141,13.4406,13.2369,13.1229,13.1878,13.29,13.27,13.1591,13.3484,13.8123,14.1719,14.5752],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,16.9988,16.6892,16.4263,16.0014,15.7406,15.4391,15.1636,14.907,14.7087,14.591,14.6939,14.6729,14.5571,14.3914,14.2594,14.2017,14.1683,14.095,13.9887,14.0044,14.1448,14.2667,14.424],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,20.7952,20.5755,20.3346,20.1262,20.0296,19.8861,20.0187,19.8779,19.7905,19.6848,19.5729,18.6502,17.7337,17.1815,16.8449,16.1757,15.9564,15.9477,15.9167,15.9384,15.8785,15.3666,15.2907,15.65,16.0546,16.5363],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,11.2948,11.5172,11.5237,11.4738,11.1447,10.9619,10.2375,10.0668,9.7873,9.5699,9.3891,9.5538,9.8693,10.1855,10.3101,10.5663,10.5086,10.4753,10.4693,10.4746,10.4575,10.6294,10.6613,10.467,10.3594,10.2027],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,257.8112,147.4249,185.4596,179.4443,106.1283,83.8826,107.2614,63.998,269.9854,268.8392,451.7823,257.8548,284.0243,279.7237,214.7828,316.324,58.5397,58.3124,7.4788,26.7706,4.5026,21.8423,23.2305,262.9984,234.2386,95.2144,133.1217,159.3762],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,86.3006,73.3526,91.35,110.2665,99.0161,90.2417,78.9589,85.5221,65.0,91.6205,65.0,84.0645,65.0,88.7056,109.0511,135.0,129.7606,124.4223,123.7469,126.131,126.519,128.3801,126.4389,101.9663,126.2206,135.0,120.5173,135.0],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,-1.457,-1.5662,-1.6084,-1.8185,-1.8197,-1.8644,-1.8743,-1.8622,-1.7893,-1.6407,-1.2775,-1.1036,-1.0585,-1.0741,-1.051,-0.9515,-0.8411,-0.7906,-0.7834,-0.646,-0.3954,-0.2034,-0.0027],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-1.618,-1.6673,-1.7087,-1.7394,-1.7494,-1.7276,-1.6376,-1.5308,-1.4364,-1.3639,-1.3013,-1.2314,-1.1533,-1.0808,-1.0213,-0.9462,-0.8361,-0.7095,-0.5682],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.2017,-0.1972,-0.1656,-0.1229,-0.0399,0.0869,0.3601,0.4272,0.3778,0.2898,0.2503,0.2799,0.3122,0.2902,0.2379,0.3002,0.4406,0.5062,0.5655],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,15.6038,10.5834,16.9607,45.5902,26.3229,21.0312,1.6282,6.0976,2.2917,20.9375,12.5,13.0208,12.8125,18.3333,27.6042,57.3958,41.0417,27.5,19.2708,22.2917,32.9682,40.7453,37.9021,30.6294,63.9794,93.139,87.9339,94.72],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-30.9915,-32.8351,-30.4933,-19.9801,-27.0553,-28.9985,-36.1236,-34.5291,-46.7364,-37.8176,-41.8535,-41.6044,-41.704,-39.0633,-34.6288,-20.3787,-28.2013,-34.6786,-38.6148,-37.1699,-31.2245,-25.7559,-25.1986,-28.1498,-12.8834,-2.454,-4.4189,-1.9737],"stroke":"#c13f3f","width":1.5},{"label":"From 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tape.","series":[{"label":"Drawdown","values":[0.0,-3.4326,-7.4205,-16.5573,-12.9732,-23.8263,-34.2251,-30.0858,-31.9536,-29.581,-18.9298,-26.0979,-28.0666,-35.2852,-33.6699,-46.0374,-37.0015,-41.0904,-40.838,-40.9389,-38.2635,-33.7708,-19.3337,-27.259,-33.8213,-37.8092,-36.3453,-31.9536,-30.5906,-33.4679,-36.0929,-28.319,-19.7375,-20.2928,-17.264],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,6.2932,3.4536,7.0606,23.254,12.3561,9.363,0.0,2.4961,0.0,16.7446,9.1674,9.6352,9.4481,14.406,22.7315,49.4855,34.7989,22.638,15.2479,17.9607,26.0992,28.6249,23.2928,18.4284,32.8344,48.7371,47.7081,53.3209],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior 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