{"schema_version":"1.0","name":"0094X0 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"9e7a512a-ec8b-4169-9e9e-0641c86b5c45","symbol":"0094X0","name":"Hana 1Q Xiaomi Value Chain Active ETF","exchange":"KSC","country":"KR","asset_type":"etf","currency":"KRW","sector":null,"industry":null},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price structure remains downward.","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, Acceleration, deceleration and rollover, Activity pressure and cumulative balance, Drawdown and recovery pressure, Range pressure and compression, Range position and boundary pressure."},{"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":51,"displayedObservations":51,"assetType":"ETF","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price structure remains downward.","evidenceAlignment":{"status":"Countertrend conflict","headline":"Improving Market Dynamics is challenging the downward price structure","summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price structure remains downward.","take":"This is an early challenge rather than a confirmed reversal. Price must respond to the improvement before the downward technical state can be considered resolved.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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"],"values":[-0.295335,-0.372285,-0.362735,-0.496833,-0.541031,-0.60083,-0.543919,-0.160879,0.113425,0.382686,0.708821,0.612271,0.237682,-0.137641,-0.611317,-0.960503,-0.965772,-0.98255,-0.979663,-1.014295,-1.125624,-1.181521,-1.168574],"opens":[9855.0,10030.0,9405.0,9260.0,9615.0,10115.0,9830.0,9695.0,10110.0,9990.0,10150.0,10150.0,9185.0,9300.0,8992.76251,9022.556641,9136.765883,9136.765972,9082.143975,8615.37483,8305.0,8680.0,8705.0],"highs":[10385.0,10030.0,9725.0,9855.0,10030.0,10115.0,9950.0,10115.0,10790.0,10230.0,10390.0,10300.0,9505.0,9370.0,9141.731519,9236.078895,9563.810375,9206.284844,9151.662846,8925.0,9035.0,8935.0,8940.0],"lows":[9765.0,9240.0,9315.0,9260.0,9485.0,9570.0,9560.0,9670.0,9985.0,9855.0,9755.0,10000.0,9185.0,9130.0,8645.168155,8933.175232,9126.834616,8694.824894,8535.924856,8405.0,8305.0,8450.0,8330.0],"closes":[9835.0,9690.0,9420.0,9620.0,9830.0,9830.0,9700.0,10065.0,9995.0,10150.0,9975.0,10060.0,9340.0,9300.0,8650.133789,9022.556641,9325.459961,9082.144531,8615.375,8465.0,8680.0,8610.0,8555.0],"hoverRows":[[{"label":"Open","value":"9,855","className":"is-ohlc","compact":true},{"label":"High","value":"10,385","className":"is-ohlc","compact":true},{"label":"Low","value":"9,765","className":"is-ohlc","compact":true},{"label":"Close","value":"9,835","className":"is-ohlc","compact":true},{"label":"Market 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watch","detail":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","tone":"caution"},"chartSummary":"Price is in the accumulation zone. The Market Dynamics bars show whether underlying conditions are repairing or continuing to weaken.","summary":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","annotations":[{"label":"Current tape relationship","value":"Accumulation repair watch","detail":"Market Dynamics improved this week but remains below zero.","tone":"caution"},{"label":"Price location","value":"Accumulation zone","detail":"Price is being tested for a confirmed recovery through the lower zone.","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":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":23,"summary":"More completed weekly history is needed for a dependable ticker-level 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ion":83.0,"persistence":87.5,"assessmentRisk":2.4,"intensity":6.0,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. 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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,81.739,83.2449,69.4862,54.0518,80.4006,58.1362,49.348,65.2215,54.5107,40.259,29.1018,89.34,69.9778,85.3967,95.1619,64.9561,121.5994,40.8536,80.3717,43.2253,69.9327,72.4954,51.5955,26.4458,17.2311,32.178,32.5401,12.9322,47.1047,78.0448,42.0643,104.8249,6.7288,4.0513,4.8699,3.5934,23.2081,4.2381,14.9322,48.6995,36.361,24.7628,20.4412,30.2579],"stroke":"#1678a7","width":1.8},{"label":"Cumulative 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