{"schema_version":"1.0","name":"CBRS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"a09c6631-ed1a-4ef1-87d7-ddb588fcb376","symbol":"CBRS","name":"Cerebras Systems Inc. Class A Common Stock","exchange":"NASDAQ","country":"US","asset_type":"equity","currency":"USD","sector":"Technology","industry":"Semiconductors"},"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, Completed returns and cumulative progression, Range expansion and closing direction, Drawdown and recovery pressure, Activity pressure and cumulative balance, 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":"2026-08-14","observations":14,"displayedObservations":14,"assetType":"Equity","state":"Rotational","stateTone":"caution","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":["2026-05-15","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"],"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],"opens":[350.0,291.55,260.0,231.875,212.6,224.3,237.83,184.0,205.35,207.2,176.61,202.56,190.49,227.545],"highs":[386.34,338.325,269.39,241.69,253.52,245.24,241.68,228.3,216.46,213.87,244.0,214.5,230.99,265.63],"lows":[275.0,250.27,232.5601,196.73,204.13,202.2801,160.8101,182.1,173.36,162.35,164.72,168.71,184.85,215.77],"closes":[279.72,256.78,236.99,201.01,214.0,234.71,181.59,204.86,215.08,172.86,199.12,198.71,226.73,218.98],"hoverRows":[[{"label":"Open","value":"350.0","className":"is-ohlc","compact":true},{"label":"High","value":"386.3","className":"is-ohlc","compact":true},{"label":"Low","value":"275.0","className":"is-ohlc","compact":true},{"label":"Close","value":"279.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"291.6","className":"is-ohlc","compact":true},{"label":"High","value":"338.3","className":"is-ohlc","compact":true},{"label":"Low","value":"250.3","className":"is-ohlc","compact":true},{"label":"Close","value":"256.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"260.0","className":"is-ohlc","compact":true},{"label":"High","value":"269.4","className":"is-ohlc","compact":true},{"label":"Low","value":"232.6","className":"is-ohlc","compact":true},{"label":"Close","value":"237.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"231.9","className":"is-ohlc","compact":true},{"label":"High","value":"241.7","className":"is-ohlc","compact":true},{"label":"Low","value":"196.7","className":"is-ohlc","compact":true},{"label":"Close","value":"201.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"212.6","className":"is-ohlc","compact":true},{"label":"High","value":"253.5","className":"is-ohlc","compact":true},{"label":"Low","value":"204.1","className":"is-ohlc","compact":true},{"label":"Close","value":"214.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"224.3","className":"is-ohlc","compact":true},{"label":"High","value":"245.2","className":"is-ohlc","compact":true},{"label":"Low","value":"202.3","className":"is-ohlc","compact":true},{"label":"Close","value":"234.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"237.8","className":"is-ohlc","compact":true},{"label":"High","value":"241.7","className":"is-ohlc","compact":true},{"label":"Low","value":"160.8","className":"is-ohlc","compact":true},{"label":"Close","value":"181.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"184.0","className":"is-ohlc","compact":true},{"label":"High","value":"228.3","className":"is-ohlc","compact":true},{"label":"Low","value":"182.1","className":"is-ohlc","compact":true},{"label":"Close","value":"204.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"205.3","className":"is-ohlc","compact":true},{"label":"High","value":"216.5","className":"is-ohlc","compact":true},{"label":"Low","value":"173.4","className":"is-ohlc","compact":true},{"label":"Close","value":"215.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"207.2","className":"is-ohlc","compact":true},{"label":"High","value":"213.9","className":"is-ohlc","compact":true},{"label":"Low","value":"162.3","className":"is-ohlc","compact":true},{"label":"Close","value":"172.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"176.6","className":"is-ohlc","compact":true},{"label":"High","value":"244.0","className":"is-ohlc","compact":true},{"label":"Low","value":"164.7","className":"is-ohlc","compact":true},{"label":"Close","value":"199.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"202.6","className":"is-ohlc","compact":true},{"label":"High","value":"214.5","className":"is-ohlc","compact":true},{"label":"Low","value":"168.7","className":"is-ohlc","compact":true},{"label":"Close","value":"198.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"190.5","className":"is-ohlc","compact":true},{"label":"High","value":"231.0","className":"is-ohlc","compact":true},{"label":"Low","value":"184.8","className":"is-ohlc","compact":true},{"label":"Close","value":"226.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"227.5","className":"is-ohlc","compact":true},{"label":"High","value":"265.6","className":"is-ohlc","compact":true},{"label":"Low","value":"215.8","className":"is-ohlc","compact":true},{"label":"Close","value":"219.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[166.4484,286.1316],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"steady","fourWeekDirection":"steady","now":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"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":"Zone progression","detail":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","tone":"neutral"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","annotations":[{"label":"Current tape relationship","value":"Zone progression","detail":"Market Dynamics remains positive and was little changed this week.","tone":"neutral"},{"label":"Price location","value":"Between zones","detail":"Price is progressing between the lower and upper positioning zones while the Market Dynamics read develops.","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":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":false,"observations":14,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-15","price":279.72}],"reversal_dangers":[{"date":"2026-05-22","price":256.78}]}},"smTape":{"available":true,"dates":["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"],"close":[279.72,256.78,236.99,201.01,214.0,234.71,181.59,204.86,215.08,172.86,199.12,198.71,226.73,218.98],"consensus":[-91.5215,-85.2138,-75.944,-46.9573,-31.6817,0.0,-38.1327,0.0,0.0,-41.6985,0.0,0.0,22.2065,0.0],"supportDates":["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"],"control":[null,null,null,null,null,0.0,-40.6975,0.0,0.0,-40.8616,0.0,0.0,27.0686,0.0],"force":[-91.5215,-85.2138,-75.944,-46.9573,-9.9904,0.0,-30.3041,0.0,0.0,-42.1476,0.0,0.0,33.6821,0.0],"direction":[null,null,null,null,-47.1755,0.0,-40.7934,0.0,0.0,-42.3341,0.0,0.0,8.4529,0.0],"intensity":[null,null,null,null,25.0,40.0,83.3333,42.8571,12.5,66.6667,50.0,45.4545,41.6667,61.5385],"confirmation":[51.9535,49.9351,46.9687,37.693,54.4799,26.1734,79.9248,3.7755,26.907,81.37,26.0504,24.5551,75.3817,27.359],"persistence":[null,null,100.0,100.0,100.0,83.3333,85.7143,75.0,62.5,62.5,50.0,37.5,12.5,12.5],"assessmentRisk":[null,null,null,null,34.0908,38.6843,29.5641,7.504,1.1168,28.0554,25.182,8.4851,8.6781,49.2173],"volumeParticipation":true,"latest":{"consensus":0.0,"control":0.0,"force":0.0,"direction":0.0,"confirmation":27.4,"persistence":12.5,"assessmentRisk":49.2,"intensity":61.5,"evidenceDepth":54},"analysis":{"status":"No directional advantage","headline":"The gauges do not support either side","summary":"Control, force and direction are too balanced to support an upward or downward assessment.","take":"Current assessment: wait for a clearer directional advantage.","tone":"neutral","supportedView":"Neither side","direction":"balanced","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+0.0","detail":"No directional advantage","tone":"neutral"},{"label":"SM Control Gauge","value":"+0.0","detail":"Control support is limited","tone":"neutral"},{"label":"SM Force Gauge","value":"+0.0","detail":"Commitment is limited","tone":"neutral"},{"label":"SM Direction Gauge","value":"+0.0","detail":"Follow-through is limited","tone":"neutral"},{"label":"SM Confirmation Gauge","value":"27/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"-","detail":"Developing","tone":"neutral"},{"label":"Risk pressure","value":"34.6%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"26%","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 is rotating through its trend references.","series":[{"label":"Close","values":[279.72,256.78,236.99,201.01,214.0,234.71,181.59,204.86,215.08,172.86,199.12,198.71,226.73,218.98],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,248.5767,246.0555,234.3345,228.9755,226.4491,216.7056,213.5082,210.8176,213.7108,214.6688],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,237.2753,235.9201],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,282.2781,278.6621,275.4341,274.189,272.2556],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,157.2419,157.1052,157.1376,159.9895,162.193],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"key":"returns","eyebrow":"Observed return path","title":"Completed returns and cumulative progression","description":"Period returns are shown beside the total move recorded across the available tape.","reason":"Selected because direct returns remain fully observable while longer indicators develop.","series":[{"label":"Period return","values":[null,-8.2011,-7.707,-15.1821,6.4624,9.6776,-22.6322,12.8146,4.9888,-19.6299,15.1915,-0.2059,14.101,-3.4182],"stroke":"#176fa3","width":1.7},{"label":"Cumulative 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range","values":[39.8041,34.292,15.5407,22.367,23.0794,18.3034,44.5343,22.552,20.0391,29.8045,39.8152,23.0436,20.3502,22.7692],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[-20.08,-11.9259,-8.85,-13.3111,0.6585,4.6411,-23.6471,11.337,4.7383,-16.5734,12.7456,-1.9007,19.0246,-3.7641],"stroke":"#176fa3","width":1.8}],"guides":[{"label":"Unchanged close","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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"drawdown","eyebrow":"Path 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,-8.2011,-15.276,-28.1389,-23.4949,-16.0911,-35.0815,-26.7625,-23.1088,-38.2025,-28.8145,-28.9611,-18.9439,-21.7146],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,12.8146,18.4426,0.0,15.1915,14.9543,31.1639,26.6806],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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 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CBRS Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/a09c6631-ed1a-4ef1-87d7-ddb588fcb376/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."}