{"schema_version":"1.0","name":"CGCT Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"9ffe283c-d940-42a2-b48a-fd0b0dc44bf2","symbol":"CGCT","name":"Cartesian Growth Corporation III Class A Ordinary Shares","exchange":"NASDAQ","country":"US","asset_type":"equity","currency":"USD","sector":"Financial Services","industry":"Shell Companies"},"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, Strength versus the research benchmark, Drawdown and recovery pressure, Directional strength and control, Acceleration, deceleration and rollover, 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":61,"displayedObservations":61,"assetType":"Equity","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. 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downside remains supported until Market Dynamics repairs or price structure changes.","confirm":"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.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"accumulation","zoneContext":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":50.0,"averageReturn":10.9,"sample":2},"nowContext":{"label":"Slightly stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is downward","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. 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Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-48.7","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-57.2","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-35.2","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-48.7","detail":"Downward 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downward.","series":[{"label":"Close","values":[10.0,10.0,10.03,10.0104,10.045,10.055,10.05,10.027,10.03,10.01,10.03,10.04,10.03,10.04,10.04,10.08,10.0802,10.08,10.13,10.13,10.15,10.15,10.15,10.12,10.11,10.3,10.31,10.32,10.29,10.31,10.24,10.31,10.3,10.3,10.28,10.25,10.27,10.265,10.26,10.24,10.28,10.26,10.29,10.32,10.38,10.38,10.38,9.86,12.53,11.9,15.33,14.59,11.415,10.235,9.32,5.67,5.11,5.5,5.93,5.16,4.61],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,10.0134,10.0209,10.0262,10.0264,10.027,10.0239,10.025,10.0278,10.0282,10.0303,10.0321,10.0408,10.048,10.0538,10.0676,10.079,10.0919,10.1025,10.1111,10.1127,10.1122,10.1464,10.1761,10.2023,10.2182,10.2349,10.2358,10.2493,10.2585,10.2661,10.2686,10.2652,10.2661,10.2659,10.2648,10.2603,10.2639,10.2632,10.2681,10.2775,10.2961,10.3114,10.3239,10.2395,10.656,10.8822,11.6909,12.218,12.072,11.738,11.2983,10.275,9.3359,8.6385,8.146,7.6031,7.0589],"stroke":"#176fa3","width":1.7},{"label":"Slow 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envelope","values":[null,null,null,null,null,null,null,null,null,10.064,10.0627,10.0631,10.062,10.0622,10.0624,10.0728,10.0804,10.0862,10.1052,10.1189,10.136,10.1494,10.1621,10.1663,10.1699,10.223,10.2655,10.3018,10.3249,10.3468,10.3542,10.3713,10.382,10.3902,10.3918,10.3916,10.3911,10.3871,10.3862,10.3825,10.3823,10.3789,10.3758,10.3658,10.3535,10.3687,10.381,10.4807,11.3909,11.6664,13.1501,13.8809,13.9288,13.9287,13.9556,14.4973,14.9582,15.211,15.3313,15.4755,15.6035],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,9.9875,9.9896,9.9914,9.993,9.9946,9.996,9.9919,9.9899,9.9891,9.9798,9.9748,9.9728,9.9743,9.9737,9.9804,9.9833,9.9547,9.9382,9.9312,9.9341,9.9422,9.9558,9.9657,9.982,9.9998,10.0222,10.0394,10.0589,10.0814,10.0953,10.11,10.1232,10.1376,10.1547,10.1847,10.224,10.2168,10.2115,10.0658,9.3796,9.2631,8.2884,7.9856,8.0492,8.0428,7.9199,6.9202,5.9433,5.214,4.6607,4.0085,3.3135],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","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"]},{"key":"relative","eyebrow":"Relative leadership","title":"Strength versus the research benchmark","description":"Relative performance is separated from absolute price direction to reveal leadership and lagging pressure.","reason":"Selected because benchmark-relative leadership is strengthening, fading or diverging from price.","series":[{"label":"Relative 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risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[0.0,0.0,0.0,-0.1954,0.0,0.0,-0.0497,-0.2785,-0.2486,-0.4475,-0.2486,-0.1492,-0.2486,-0.1492,-0.1492,0.0,0.0,-0.002,0.0,0.0,0.0,0.0,0.0,-0.2956,-0.3941,0.0,0.0,0.0,-0.2907,-0.0969,-0.7752,-0.0969,-0.1938,-0.1938,-0.3876,-0.6783,-0.4845,-0.5329,-0.5814,-0.7752,-0.3876,-0.5814,-0.2907,0.0,0.0,0.0,0.0,-5.0096,0.0,-5.0279,0.0,-4.8271,-25.5382,-33.2355,-39.2042,-63.0137,-66.6667,-64.1226,-61.3177,-66.3405,-69.9282],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.27,0.3,0.1,0.3,0.4,0.3,0.4,0.4,0.8,0.802,0.8,1.3,1.3,1.5,1.5,1.5,1.2,1.1,3.0,3.1,3.0969,2.7972,2.997,2.2977,2.997,2.8971,2.8971,2.6973,2.1934,2.3928,2.343,2.1912,1.992,1.9841,1.7857,2.0833,2.0772,2.6706,2.6706,2.6706,0.0,27.0791,20.6897,55.4767,47.9716,15.7708,3.8032,0.0,0.0,0.0,7.6321,16.047,0.9785,0.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","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"]},{"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,68.682,69.3297,69.9311,70.7379,71.1339,71.1424,71.3236,71.127,70.2271,69.3915,68.6156,67.8952,66.3862,64.5823,63.7433,62.9643,62.4814,62.033,62.5953,63.1814,63.7256,63.7886,63.9032,64.0096,65.798,67.4586,66.6194,65.1104,63.2514,59.3391,55.7063,52.0757,49.0265,46.1689,43.197],"stroke":"#10243b","width":2.0},{"label":"Positive 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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 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