{"schema_version":"1.0","name":"MMAC Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"a31fc776-0f7e-4563-9f8c-498aab185e7a","symbol":"MMAC","name":"Manulife CQS Multi Asset Credit Fund ETF Series","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, Completed returns and cumulative progression, Range expansion and closing direction, Activity pressure and cumulative balance, 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":23,"displayedObservations":23,"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":["2026-03-20","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":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"opens":[9.972453,9.912798,9.813371,9.902855,9.962511,10.012223,10.00838,9.998549,9.988621,9.998549,10.038265,10.026269,10.056167,10.086067,10.022113,10.045865,10.045865,10.045865,10.035898,10.035898,10.02,10.03,10.07],"highs":[9.972453,9.912798,9.942625,9.942625,10.032109,10.042052,10.00838,10.782944,10.028337,10.018407,10.056168,10.026269,10.056167,10.086067,10.022113,10.045865,10.045865,10.045865,10.035898,10.04,10.08,10.09,10.09],"lows":[9.912798,9.873027,9.813371,9.902855,9.962511,10.012223,9.958835,9.988621,9.988621,9.998549,10.018408,10.026269,10.046201,10.086067,10.022113,10.045865,10.045865,10.015966,9.946203,9.976102,10.02,10.03,10.06],"closes":[9.912798,9.873027,9.912798,9.942625,10.032109,10.012223,9.998549,10.782944,10.028337,10.008478,10.056168,10.026269,10.046201,10.086067,10.022113,10.045865,10.045865,10.035898,9.946203,10.04,10.03,10.09,10.06],"hoverRows":[[{"label":"Open","value":"9.97","className":"is-ohlc","compact":true},{"label":"High","value":"9.97","className":"is-ohlc","compact":true},{"label":"Low","value":"9.91","className":"is-ohlc","compact":true},{"label":"Close","value":"9.91","className":"is-ohlc","compact":true},{"label":"Market 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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":23,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-08","price":10.782944}],"reversal_dangers":[{"date":"2026-05-15","price":10.028337}]}},"smTape":{"available":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"],"close":[9.9128,9.873,9.9128,9.9426,10.0321,10.0122,9.9985,10.7829,10.0283,10.0085,10.0562,10.0263,10.0462,10.0861,10.0221,10.0459,10.0459,10.0359,9.9462,10.04,10.03,10.09,10.06],"consensus":[-100.0,-100.0,53.8475,100.0,76.3115,20.7154,30.158,80.4449,-18.8179,-12.9445,24.4558,-20.6998,0.0,19.0314,-18.307,0.0,0.0,-9.3491,-59.8915,29.3897,-10.8996,47.9602,6.2293],"supportDates":["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,0.0579,21.7495,72.8058,-7.2308,-11.6861,26.8168,-10.5842,0.0,14.799,-18.5388,0.0,0.0,-1.2867,-58.9165,31.9563,-11.1013,48.0034,20.3215],"force":[-100.0,-100.0,53.8475,100.0,52.2182,8.2981,9.1468,75.4221,-49.328,-13.1005,40.4503,-16.9975,0.0,15.9675,-17.9288,0.0,0.0,-13.1448,-86.4461,69.9806,-15.0236,79.652,22.7972],"direction":[null,null,null,null,93.521,65.1803,54.7758,92.763,-10.2673,-14.2712,10.3328,-34.9049,0.0,26.0569,-18.3124,0.0,0.0,-15.8522,-42.0382,2.5372,-7.7233,25.2738,21.7103],"intensity":[null,null,null,null,100.0,20.0,33.3333,100.0,87.5,11.1111,20.0,18.1818,16.6667,30.7692,71.4286,13.3333,6.25,29.4118,88.8889,89.4737,40.0,66.6667,31.8182],"confirmation":[54.6667,54.6667,39.8979,54.6667,68.6516,7.8439,77.1384,93.7057,52.4615,72.1662,76.2773,74.6652,25.2942,74.0612,73.8432,24.2118,0.4731,48.5636,87.9894,56.4772,48.9438,84.3125,29.5818],"persistence":[null,null,33.3333,0.0,20.0,33.3333,42.8571,50.0,50.0,50.0,50.0,25.0,12.5,12.5,12.5,25.0,12.5,12.5,37.5,12.5,25.0,25.0,12.5],"assessmentRisk":[null,null,null,null,11.2823,39.4143,32.9973,9.5684,8.9211,5.9588,3.9803,38.6374,6.7157,2.9797,3.5809,1.0065,0.7475,3.5223,17.721,15.6552,1.6115,16.3281,52.1672],"volumeParticipation":true,"latest":{"consensus":6.2,"control":20.3,"force":22.8,"direction":21.7,"confirmation":29.6,"persistence":12.5,"assessmentRisk":52.2,"intensity":31.8,"evidenceDepth":88},"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. 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}