{"schema_version":"1.0","name":"AN18 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"a1157a19-e106-4732-aa34-20d72b5f32d0","symbol":"AN18","name":"AMUNDI EUROPE TECH UCITS ETF","exchange":"VIE","country":"AT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","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, Range position and boundary pressure, Directional strength and control, Activity pressure and cumulative balance, Range pressure and compression, Directional pressure and rotation."},{"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":48,"displayedObservations":48,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","evidenceAlignment":{"status":"Rollover warning","headline":"Price has moved below distribution as Market Dynamics weakened","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","take":"The prior extension has started to roll over. Further price weakness would confirm the downside transition; a recovery in both readings would remove the warning.","tone":"negative","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[-0.155203,-0.14797,-0.093207,0.018264,0.335475,0.607292,0.921928,1.187026,1.232683,1.266059,1.24884,1.164799,1.104133,1.043168,0.801825,0.558293,0.260272,0.055843,0.030186,-0.003453],"opens":[92.190002,96.720001,102.32,104.099998,104.019997,108.980003,106.860001,116.120003,119.720001,120.300003,122.18,116.519997,118.980003,116.300003,111.720001,113.220001,116.18,114.519997,121.379997,122.279999],"highs":[98.5,103.739998,104.199997,104.120003,108.959999,109.860001,114.5,116.959999,120.059998,121.540001,122.300003,117.080002,119.5,116.839996,112.699997,115.099998,116.18,120.139999,123.120003,122.480003],"lows":[91.949997,96.720001,101.959999,100.919998,103.059998,104.739998,106.860001,114.019997,118.800003,119.779999,121.839996,116.160004,118.559998,115.860001,110.860001,111.260002,110.220001,113.440002,120.68,115.959999],"closes":[97.760002,103.739998,104.0,103.879997,108.080002,107.860001,114.5,115.900002,118.800003,121.540001,122.099998,117.080002,119.5,116.839996,112.400002,113.080002,112.900002,119.699997,121.360001,118.559998],"hoverRows":[[{"label":"Open","value":"92.2","className":"is-ohlc","compact":true},{"label":"High","value":"98.5","className":"is-ohlc","compact":true},{"label":"Low","value":"91.9","className":"is-ohlc","compact":true},{"label":"Close","value":"97.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.16","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"96.7","className":"is-ohlc","compact":true},{"label":"High","value":"103.7","className":"is-ohlc","compact":true},{"label":"Low","value":"96.7","className":"is-ohlc","compact":true},{"label":"Close","value":"103.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.15","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"102.3","className":"is-ohlc","compact":true},{"label":"High","value":"104.2","className":"is-ohlc","compact":true},{"label":"Low","value":"102.0","className":"is-ohlc","compact":true},{"label":"Close","value":"104.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.09","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"104.1","className":"is-ohlc","compact":true},{"label":"High","value":"104.1","className":"is-ohlc","compact":true},{"label":"Low","value":"100.9","className":"is-ohlc","compact":true},{"label":"Close","value":"103.9","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":"104.0","className":"is-ohlc","compact":true},{"label":"High","value":"109.0","className":"is-ohlc","compact":true},{"label":"Low","value":"103.1","className":"is-ohlc","compact":true},{"label":"Close","value":"108.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.34","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"109.0","className":"is-ohlc","compact":true},{"label":"High","value":"109.9","className":"is-ohlc","compact":true},{"label":"Low","value":"104.7","className":"is-ohlc","compact":true},{"label":"Close","value":"107.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.61","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"106.9","className":"is-ohlc","compact":true},{"label":"High","value":"114.5","className":"is-ohlc","compact":true},{"label":"Low","value":"106.9","className":"is-ohlc","compact":true},{"label":"Close","value":"114.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.92","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"116.1","className":"is-ohlc","compact":true},{"label":"High","value":"117.0","className":"is-ohlc","compact":true},{"label":"Low","value":"114.0","className":"is-ohlc","compact":true},{"label":"Close","value":"115.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.19","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"119.7","className":"is-ohlc","compact":true},{"label":"High","value":"120.1","className":"is-ohlc","compact":true},{"label":"Low","value":"118.8","className":"is-ohlc","compact":true},{"label":"Close","value":"118.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.23","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"120.3","className":"is-ohlc","compact":true},{"label":"High","value":"121.5","className":"is-ohlc","compact":true},{"label":"Low","value":"119.8","className":"is-ohlc","compact":true},{"label":"Close","value":"121.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.27","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"122.2","className":"is-ohlc","compact":true},{"label":"High","value":"122.3","className":"is-ohlc","compact":true},{"label":"Low","value":"121.8","className":"is-ohlc","compact":true},{"label":"Close","value":"122.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.25","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"116.5","className":"is-ohlc","compact":true},{"label":"High","value":"117.1","className":"is-ohlc","compact":true},{"label":"Low","value":"116.2","className":"is-ohlc","compact":true},{"label":"Close","value":"117.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.16","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"119.0","className":"is-ohlc","compact":true},{"label":"High","value":"119.5","className":"is-ohlc","compact":true},{"label":"Low","value":"118.6","className":"is-ohlc","compact":true},{"label":"Close","value":"119.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.10","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"116.3","className":"is-ohlc","compact":true},{"label":"High","value":"116.8","className":"is-ohlc","compact":true},{"label":"Low","value":"115.9","className":"is-ohlc","compact":true},{"label":"Close","value":"116.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.04","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"111.7","className":"is-ohlc","compact":true},{"label":"High","value":"112.7","className":"is-ohlc","compact":true},{"label":"Low","value":"110.9","className":"is-ohlc","compact":true},{"label":"Close","value":"112.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.80","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"113.2","className":"is-ohlc","compact":true},{"label":"High","value":"115.1","className":"is-ohlc","compact":true},{"label":"Low","value":"111.3","className":"is-ohlc","compact":true},{"label":"Close","value":"113.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.56","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"116.2","className":"is-ohlc","compact":true},{"label":"High","value":"116.2","className":"is-ohlc","compact":true},{"label":"Low","value":"110.2","className":"is-ohlc","compact":true},{"label":"Close","value":"112.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.26","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"114.5","className":"is-ohlc","compact":true},{"label":"High","value":"120.1","className":"is-ohlc","compact":true},{"label":"Low","value":"113.4","className":"is-ohlc","compact":true},{"label":"Close","value":"119.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.06","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"121.4","className":"is-ohlc","compact":true},{"label":"High","value":"123.1","className":"is-ohlc","compact":true},{"label":"Low","value":"120.7","className":"is-ohlc","compact":true},{"label":"Close","value":"121.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.03","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"122.3","className":"is-ohlc","compact":true},{"label":"High","value":"122.5","className":"is-ohlc","compact":true},{"label":"Low","value":"116.0","className":"is-ohlc","compact":true},{"label":"Close","value":"118.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.00","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[96.299602,123.560398],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.003453,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"price":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Distribution rollover","detail":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","annotations":[{"label":"Current tape relationship","value":"Distribution rollover","detail":"Market Dynamics weakened this week and remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","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":"Lagging price","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":20,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-29","price":115.900002},{"date":"2026-08-07","price":119.699997}],"reversal_dangers":[{"date":"2026-06-26","price":117.080002},{"date":"2026-08-14","price":121.360001}]}},"smTape":{"available":true,"dates":["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"],"close":[95.13,99.82,97.45,98.19,100.18,100.24,96.13,96.4,91.95,95.33,97.87,96.15,95.12,95.34,98.38,104.72,106.2,104.68,101.4,97.71,96.92,99.69,100.72,96.65,98.11,92.23,90.74,93.37,97.76,103.74,104.0,103.88,108.08,107.86,114.5,115.9,118.8,121.54,122.1,117.08,119.5,116.84,112.4,113.08,112.9,119.7,121.36,118.56],"consensus":[0.0,82.0224,-100.0,20.6997,82.3484,14.7676,-44.2309,-17.3697,-76.4782,15.0915,49.9212,-25.4629,-14.0932,-19.0413,49.1372,86.3477,68.2699,31.6237,-14.8318,-46.6235,-28.8446,17.2071,17.2395,-45.2809,15.1151,-61.3676,-53.118,0.0,32.9638,63.7431,44.5521,37.3328,63.5081,30.6729,71.3226,48.1835,37.087,65.1898,45.3135,26.5194,50.0564,0.0,-22.5771,0.0,-18.1368,61.061,39.8318,0.2257],"supportDates":["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"],"control":[null,null,null,null,null,3.9316,-48.1057,-12.1564,-67.1848,30.0652,44.6444,-34.0612,-25.8624,-28.8749,50.3714,85.3489,65.0439,39.1627,-23.877,-36.0535,-22.4701,32.8904,24.3287,-43.2056,17.0325,-62.6137,-46.9792,0.0,38.7216,64.9119,48.987,37.2283,66.0016,27.251,81.7249,46.367,23.2591,72.9987,41.0474,32.0263,65.3056,0.0,-11.2998,0.0,-11.3189,61.9771,27.8682,8.5695],"force":[0.0,82.0224,-100.0,20.6997,65.146,15.6174,-51.4242,-8.6106,-95.8734,68.2772,75.6869,-37.8782,-21.0409,-11.7396,67.385,98.2984,74.0025,24.4576,-70.1812,-82.4732,-24.8197,35.5131,19.376,-74.2047,37.7269,-67.8584,-55.2918,0.0,65.4143,79.8535,26.7154,18.5932,64.7068,5.2127,61.6109,23.227,12.9502,42.4783,15.2009,8.8548,30.9677,0.0,-37.7034,0.0,-22.3025,88.4353,42.427,35.0612],"direction":[null,null,null,null,94.6358,48.8551,-34.6644,-29.5844,-73.2454,40.0112,37.5477,-6.7682,-4.3201,-13.0183,34.6925,78.9531,67.862,63.0656,-35.0408,-33.0965,-39.0047,13.7924,7.6115,-26.9929,3.2276,-55.3072,-58.581,0.0,3.2046,50.9,52.2242,50.8376,59.8023,52.7694,66.3713,68.0856,70.1309,72.488,71.698,45.4932,46.2634,0.0,-24.6609,0.0,-22.9532,40.4608,51.6508,35.4823],"intensity":[null,null,null,null,50.0,40.0,83.3333,28.5714,87.5,66.6667,60.0,18.1818,50.0,15.3846,71.4286,100.0,75.0,52.9412,66.6667,94.7368,85.0,47.619,68.1818,73.913,25.0,96.0,76.9231,40.7407,78.5714,96.5517,90.0,3.2258,87.5,12.1212,100.0,100.0,80.5556,37.8378,23.6842,87.1795,32.5,39.0244,83.3333,30.2326,4.5455,97.7778,100.0,74.4681],"confirmation":[2.5264,48.9138,54.6667,29.2906,70.8984,7.2964,82.3141,73.3708,93.2057,37.4244,84.8404,53.7288,50.7972,73.7208,84.2612,96.0107,90.0702,36.1798,36.4372,84.1731,77.2047,31.4342,50.8071,83.403,51.5186,87.8165,85.1576,33.3576,56.783,88.871,81.6455,79.377,88.3211,54.4249,90.3688,82.6858,79.343,88.0496,81.6476,31.8799,83.2039,31.8081,75.8575,24.7649,74.0346,88.3598,81.0076,22.3959],"persistence":[null,null,0.0,25.0,40.0,50.0,28.5714,12.5,0.0,0.0,25.0,0.0,25.0,50.0,25.0,0.0,25.0,25.0,0.0,0.0,0.0,25.0,25.0,0.0,0.0,25.0,25.0,12.5,12.5,12.5,12.5,37.5,37.5,62.5,87.5,100.0,100.0,100.0,100.0,100.0,100.0,87.5,62.5,50.0,25.0,25.0,25.0,12.5],"assessmentRisk":[null,null,null,null,6.9935,1.5719,0.5049,20.8108,11.4143,53.9449,1.6519,8.3636,47.9755,9.7097,14.3012,6.5611,15.817,34.0206,45.0821,25.7084,35.3521,55.7548,20.8794,5.053,12.0543,18.261,23.2056,39.3131,22.309,18.0067,27.682,31.1685,18.0759,27.4844,14.0713,25.7945,31.3265,17.3837,27.1606,5.685,13.4057,48.6053,38.4843,39.9844,39.3668,3.3378,29.5243,46.7749],"volumeParticipation":true,"latest":{"consensus":0.2,"control":8.6,"force":35.1,"direction":35.5,"confirmation":22.4,"persistence":12.5,"assessmentRisk":46.8,"intensity":74.5,"evidenceDepth":100},"analysis":{"status":"Price structure has stronger support","headline":"The gauges support the price-technical view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the upward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"positive","supportedView":"Price structure","direction":"upward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Broadly stable","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+0.2","detail":"Price structure has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+8.6","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+35.1","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+35.5","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"22/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"62.7","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"3.9%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"23.7","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"86%","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":[95.13,99.82,97.45,98.19,100.18,100.24,96.13,96.4,91.95,95.33,97.87,96.15,95.12,95.34,98.38,104.72,106.2,104.68,101.4,97.71,96.92,99.69,100.72,96.65,98.11,92.23,90.74,93.37,97.76,103.74,104.0,103.88,108.08,107.86,114.5,115.9,118.8,121.54,122.1,117.08,119.5,116.84,112.4,113.08,112.9,119.7,121.36,118.56],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,97.2528,97.7959,97.493,97.2943,96.3226,96.1421,96.4563,96.4006,96.1678,96.0173,96.4469,97.9511,99.4509,100.4016,100.5831,100.0608,99.4897,99.5261,99.7432,99.1808,98.9861,97.7577,96.4818,95.916,96.2513,97.6129,98.7742,99.7025,101.2257,102.4319,104.6261,106.6759,108.8803,111.1821,113.1671,113.8786,114.9006,115.2533,114.7345,114.4337,114.1548,115.163,116.2898,116.7025],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,96.0875,96.0321,96.206,96.8367,97.5303,98.0599,98.3073,98.2631,98.1636,98.2766,98.4576,98.3237,98.3079,97.8577,97.3305,97.0371,97.0906,97.5832,98.0585,98.4897,99.2001,99.8416,100.9274,102.0365,103.2782,104.6309,105.9249,106.7512,107.6956,108.373,108.6713,108.9978,109.2869,110.0582,110.8954,111.4631],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,102.1027,101.9621,101.7071,101.4947,101.29,101.3133,103.0965,104.8235,105.6851,105.784,105.5686,105.5348,105.5237,105.7337,105.7091,105.5702,105.6191,105.9701,106.028,105.8975,106.6031,107.2607,107.8502,109.1274,110.1625,112.6876,114.8556,117.3601,120.3703,123.246,124.7556,126.4446,127.5601,128.0405,128.3203,128.5375,128.7204,128.3117,127.2483],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,92.0613,92.3452,92.4329,92.3453,92.3243,92.5107,91.7035,91.0118,90.9016,91.1297,91.2704,91.4832,91.4813,91.5983,91.4689,91.4008,90.5509,89.6609,89.3,90.0115,90.1469,90.1023,90.2858,90.3046,90.5215,89.6084,88.5584,87.3139,85.9897,85.184,85.6114,86.1804,86.7799,87.4675,88.8307,90.0925,92.6566,96.1273,99.7097],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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":"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,27.6298,4.2829,37.9483,63.2471,46.1156,35.8566,38.0478,68.3267,100.0,97.4767,87.3838,60.7626,38.0689,33.2103,50.246,56.5806,31.5498,40.5289,4.3666,3.5653,20.0777,44.426,77.5929,79.0349,78.3694,95.4191,90.0547,100.0,96.1044,95.843,100.0,99.3855,83.9631,91.3978,83.2258,69.5853,71.6743,71.1214,92.0123,94.7258,86.335],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-5.0807,-9.4624,-6.1343,-3.6333,-5.3269,-6.3411,-6.1245,-3.1312,0.0,-0.3565,-1.7827,-5.9195,-9.3431,-10.0761,-7.506,-6.5504,-10.3266,-8.972,-14.4275,-15.81,-13.3698,-9.2967,-3.7484,-3.5071,-3.6185,-0.8076,-1.8205,0.0,-0.9063,-1.0495,0.0,-0.1635,-4.2682,-2.2895,-4.4644,-8.0948,-7.5388,-7.686,-2.1259,-1.4295,-3.7037],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,2.0862,0.4698,4.163,6.9384,5.059,3.9336,4.174,7.4956,14.4231,16.0402,14.3794,10.7955,6.7636,5.9004,8.927,10.0525,5.6053,7.2006,0.7758,0.6991,4.0334,8.9248,15.5877,15.8774,15.7437,20.4234,20.1783,27.5766,29.1365,32.3677,35.4206,36.0446,30.4513,33.1476,30.1838,25.2368,25.9944,25.7939,33.3705,35.2201,32.1003],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,16.4105,16.5174,15.3445,15.4848,15.7106,15.5991,16.4742,17.4464,19.0817,20.9296,23.0188,25.1243,27.1646,27.2148,27.6302,27.2635,25.7296,24.7485,24.0319,24.0295,24.4672,23.7445],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,15.234,21.8827,33.0191,35.5013,31.5057,32.7758,28.0388,26.0376,25.8969,28.5829,25.8625,22.9651,20.0628,18.2728,16.8357,21.5863,27.3494,27.1042,25.6825,30.9979,29.9108,33.4611,35.7489,38.2658,38.9591,39.7514,35.8365,38.4941,36.0738,32.4626,34.4074,32.817,35.2954,38.1199,34.2847],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,23.3566,21.0731,17.7614,16.6003,20.6455,17.3488,23.9663,23.8463,21.7337,20.2844,23.7051,24.7959,24.1726,25.5914,24.1811,21.6281,19.2789,18.5852,19.3151,17.4931,16.076,14.2242,13.5761,12.6948,12.1359,11.9784,20.2161,19.3788,22.8241,28.9093,27.0376,24.3974,21.6337,20.455,25.6804],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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":"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,124.9875,252.7908,101.0036,132.3508,0.0,55.2965,0.0,61.2005,528.1472,129.5946,204.0611,226.2562,147.0984,70.9404,34.8521,38.1508,688.7788,43.4433,25.8436,123.0448,91.8256,63.1751,52.7254,0.0,0.0,42.2742,0.0,0.0,21.2057,0.0,7.7388,0.0,0.0,0.0,63.2737,19.0766,73.4052,76.619,77.3481,175.315,82.5688],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,104.6741,75.5075,87.1741,102.9728,102.9728,97.1394,97.1394,102.9728,135.0,135.0,123.6424,110.0996,101.0711,96.5568,98.8139,101.0711,65.0,67.2678,65.9491,65.0,69.3872,72.3204,74.7737,74.7737,74.7737,76.6931,76.6931,76.6931,77.5085,77.5085,77.7719,77.7719,77.7719,77.7719,76.0293,75.5097,76.4189,75.5097,76.4189,78.1255,77.476],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"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,2.6656,2.6586,2.7517,2.6958,2.8616,3.2645,3.6772,3.707,3.6718,3.6158,3.867,3.9836,4.5041,4.6675,4.5716,4.533,4.4499,4.2756,4.1948,4.1337,4.1854,4.1376,3.9769,3.8528,3.658,3.4256,3.6796,3.4923,3.5392,3.7962,3.7464,3.8614,3.814,3.6944,3.9043],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,10.3432,9.8987,9.554,9.4402,9.2613,9.0831,11.697,14.1053,15.0402,14.884,14.5277,14.2644,14.2559,14.3265,14.4441,14.3873,15.3623,16.6734,17.1282,16.2177,16.7279,17.3876,17.7297,18.8764,19.574,22.8173,25.8558,29.3601,33.3209,36.5226,37.2151,37.8735,38.0519,37.6534,36.3706,35.169,32.5813,28.6799,24.2676],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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":"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 has changed character across the latest observations.","series":[{"label":"Momentum","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,80.2523,82.9939,83.5674,80.5625,74.3495,67.9964,66.6827,68.9481,69.7712,62.699,64.1046,55.0993,53.065,56.1429,60.7678,66.0238,66.2356,66.031,69.5734,69.1665,74.0915,74.9983,76.8089,78.4006,78.722,68.8335,70.7415,65.9614,58.8172,59.54,59.2436,66.1077,67.5447,62.7146],"stroke":"#063b66","width":2.0},{"label":"Rotation","values":[null,null,null,null,null,null,23.8429,27.6298,4.2829,37.9483,63.2471,46.1156,35.8566,38.0478,68.3267,100.0,97.4767,87.3838,60.7626,38.0689,33.2103,50.246,53.7656,19.9856,31.3698,0.0,3.5653,20.0777,44.426,77.5929,79.0349,78.3694,95.4191,90.0547,100.0,96.1044,95.843,100.0,99.3855,83.9631,91.3978,82.0099,61.2979,56.8756,56.0337,86.4865,90.4244,71.9557],"stroke":"#1678a7","width":1.5},{"label":"Rotation signal","values":[null,null,null,null,null,null,null,25.7363,18.5852,23.287,35.1594,49.1036,48.4064,40.0067,47.4104,68.7915,88.6011,94.9535,81.8744,62.0718,44.014,40.5084,45.7406,41.3324,35.0403,17.1185,11.645,7.881,22.6897,47.3655,67.0179,78.3324,84.2745,87.9477,95.1579,95.3864,97.3158,97.3158,98.4095,94.4496,91.5822,85.7903,78.2352,66.7278,58.0691,66.4652,77.6482,82.9555],"stroke":"#b87806","width":1.4}],"guides":[{"label":"Upper zone","values":[70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0],"stroke":"#c13f3f","width":1.0,"dash":[6,5]},{"label":"Centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]},{"label":"Lower zone","values":[30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0],"stroke":"#07865c","width":1.0,"dash":[6,5]}],"dates":["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"]}]},"canonical_url":"https://sharemaestro.com/terminal/a1157a19-e106-4732-aa34-20d72b5f32d0/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/a1157a19-e106-4732-aa34-20d72b5f32d0/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/a1157a19-e106-4732-aa34-20d72b5f32d0/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/a1157a19-e106-4732-aa34-20d72b5f32d0/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/a1157a19-e106-4732-aa34-20d72b5f32d0/technical-pack/data.json"},"source_fingerprint":"1ef77051ed3ec3ffb2c2565bc7162ee2973f6efe87c98eb5b19442073a677c51","content_hash":"2e8dac356f5a97de367a3e57107a9dbe4992fdc9463dfd614aa37ffab8ab4642","citation":"Sharemaestro, AN18 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/a1157a19-e106-4732-aa34-20d72b5f32d0/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."}