{"schema_version":"1.0","name":"VLID3 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"a864af58-83e8-4092-b9df-21200e475b18","symbol":"VLID3","name":"Valid Soluções S.A.","exchange":"SAO","country":"BR","asset_type":"equity","currency":"BRL","sector":"Industrials","industry":"Specialty Business Services"},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. 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cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":16,"completedEpisodes":16,"activeEpisodes":0,"medianExpectedMove":7.4,"averageExpectedMove":16.5,"averageWeeksToLargestMove":7.8,"horizons":[{"weeks":4,"sample":16,"expectedCount":8,"expectedPercent":50.0,"averageReturn":1.8,"medianReturn":0.1,"confidenceLow":28.0,"confidenceHigh":72.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":16,"expectedCount":8,"expectedPercent":50.0,"averageReturn":6.8,"medianReturn":1.5,"confidenceLow":28.0,"confidenceHigh":72.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":15,"expectedCount":8,"expectedPercent":53.3,"averageReturn":8.6,"medianReturn":3.6,"confidenceLow":30.1,"confidenceHigh":75.2,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.9,"sample":16},{"week":2,"averageReturn":-1.5,"sample":16},{"week":3,"averageReturn":-0.5,"sample":16},{"week":4,"averageReturn":1.8,"sample":16},{"week":5,"averageReturn":2.7,"sample":16},{"week":6,"averageReturn":4.3,"sample":16},{"week":7,"averageReturn":6.3,"sample":16},{"week":8,"averageReturn":7.7,"sample":16},{"week":9,"averageReturn":10.9,"sample":16},{"week":10,"averageReturn":9.0,"sample":16},{"week":11,"averageReturn":6.3,"sample":16},{"week":12,"averageReturn":6.8,"sample":16},{"week":13,"averageReturn":5.3,"sample":16},{"week":14,"averageReturn":4.1,"sample":16},{"week":15,"averageReturn":3.7,"sample":16},{"week":16,"averageReturn":4.3,"sample":16},{"week":17,"averageReturn":5.5,"sample":16},{"week":18,"averageReturn":5.8,"sample":16},{"week":19,"averageReturn":5.7,"sample":16},{"week":20,"averageReturn":5.8,"sample":16},{"week":21,"averageReturn":8.7,"sample":16},{"week":22,"averageReturn":9.2,"sample":16},{"week":23,"averageReturn":8.5,"sample":16},{"week":24,"averageReturn":7.8,"sample":16},{"week":25,"averageReturn":11.0,"sample":15},{"week":26,"averageReturn":8.6,"sample":15}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Countertrend conflict","tone":"caution","headline":"Market Dynamics is repairing against a downward price structure","use":"The downside structure remains in place, but improving Market Dynamics weakens that case. A positive price response is needed to confirm the repair.","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":"middle","zoneContext":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price remains in a downward structure","detail":"Improving Market Dynamics has not yet produced a positive price response."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 3 cases. Distinct visits lasted 4.3 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 9.0% across 17 completed cases, with the largest move arriving after 4.7 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[{"date":"2025-06-06","price":24.034399}],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","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"],"close":[18.6594,19.1476,19.2654,20.4016,19.7788,19.3496,19.5179,17.9188,19.0887,19.2486,19.6273,21.8107,21.0963,21.3029,21.1394,20.8381,21.0877,20.3045,19.8625,21.665,19.7845,19.8018,20.2178,20.6598,20.7118,21.5957,22.5316,22.289,23.2249,22.264,22.125,21.8933,23.3578,23.2743,23.0334,22.7089,23.9046,24.1271,24.8037,25.1189,24.9891,24.0344,23.5339,23.6914,23.2929,23.1353,21.5689,20.5585,20.4751,20.4102,20.3917,19.1589,19.4741,19.196,19.9283,19.5575,19.9375,19.6131,19.3258,18.5194,18.6121,20.0951,20.5307,20.16,20.2805,20.4195,21.8747,21.0885,21.2172,20.8608,21.0093,20.8212,20.6034,20.9202,21.9994,22.0093,21.5736,22.138,22.039,21.6033,20.4548,19.7519,19.4747,19.9697,19.7717,20.643,20.3756,19.6529,19.5341,18.5638,17.54,17.3,17.63,17.56,17.32,17.2,17.37,17.8,17.7087,17.5899,17.5504,18.0747,16.848,16.59],"consensus":[66.9409,64.405,48.7211,79.4706,23.1128,22.1586,32.402,-35.1199,38.6055,21.1434,26.2366,72.3948,9.9783,34.7062,25.385,0.0,19.1477,-19.4934,-21.2215,53.8263,-43.642,0.0,14.8135,13.6523,15.6021,42.3369,54.6088,17.7136,56.6607,0.0,0.0,0.0,47.2052,25.091,15.2675,0.0,47.0568,31.3952,44.4529,42.4995,15.0054,-16.5145,-19.5332,0.0,-20.6773,-23.0543,-58.6271,-60.3167,-42.5816,-33.9442,-27.0966,-60.9571,-20.4333,-42.7704,0.0,-26.2626,0.0,-24.6776,-32.0912,-52.9239,-19.7082,40.9125,34.1782,0.0,16.6286,9.7371,67.3924,-10.5503,28.4541,0.0,16.1363,-10.4388,-13.7814,21.935,58.6777,26.1205,0.0,33.7533,10.4811,-13.8959,-49.8851,-52.1674,-40.7925,-8.6807,-30.9916,34.124,-8.995,-38.044,-15.3082,-53.1831,-60.8502,-38.4033,-22.019,-19.7212,-36.253,-27.4526,-15.2815,8.8805,0.0,-15.1198,-11.7058,24.5743,-54.5463,-34.8343],"supportDates":["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"],"control":[-13.2119,-43.7838,0.0,-33.5277,0.0,-33.7161,-32.9353,-53.4096,-9.1386,38.7624,34.558,0.0,8.2282,5.0684,65.4906,-16.1854,25.6378,0.0,30.9876,-16.0689,-12.5496,25.0579,53.4029,19.9113,0.0,27.133,10.1396,-15.0511,-48.5815,-52.926,-36.6146,-0.0191,-30.6342,26.9453,-16.9992,-42.2642,-12.5743,-40.7165,-52.2316,-30.2642,-18.801,-9.2782,-45.2588,-32.7917,-12.7057,15.7311,0.0,-23.7916,-17.1224,27.4631,-50.4832,-31.9298],"force":[-12.3476,-24.5068,0.0,-15.9511,0.0,-18.62,-24.0964,-56.7097,-4.1911,84.8463,37.9659,0.0,14.5733,5.1216,90.9301,-65.7067,22.1499,0.0,11.6097,-21.587,-22.3631,31.9514,85.0884,9.3868,0.0,32.6317,6.3271,-34.4427,-72.7518,-54.4893,-31.422,-22.7413,-25.3655,77.5205,-16.2446,-44.7668,-2.2383,-73.8576,-75.9832,-21.6883,-17.6592,-3.5844,-17.7299,-5.9322,-7.5657,27.9774,0.0,-8.8101,-2.4443,41.4933,-81.088,-27.3117],"direction":[-52.1014,-54.6576,0.0,-25.3249,0.0,-18.6747,-36.837,-49.6647,-48.8586,11.9885,31.0387,0.0,27.6971,18.3696,52.7533,-35.2871,36.1757,0.0,2.3967,-3.9586,-9.0593,11.2114,45.8411,45.1692,0.0,42.1204,22.8773,-2.1005,-35.0417,-49.6418,-52.2605,-41.0239,-35.4187,11.3308,-5.331,-28.4188,-27.7683,-52.6631,-59.8907,-59.6444,-54.0384,-48.3028,-39.1914,-36.7226,-34.5446,12.5894,0.0,-9.7161,-12.1308,9.188,-40.2316,-43.5269],"intensity":[44.2308,7.6923,40.3846,17.3077,23.0769,13.4615,30.7692,50.0,38.4615,88.4615,82.6923,34.6154,34.6154,38.4615,78.8462,51.9231,67.3077,17.3077,32.6923,15.3846,36.5385,21.1538,80.7692,67.3077,38.4615,48.0769,36.5385,30.7692,76.9231,55.7692,50.0,34.6154,30.7692,71.1538,71.1538,57.6923,50.0,98.0769,84.6154,48.0769,46.1538,36.5385,1.9231,9.6154,1.9231,26.9231,1.9231,17.3077,7.6923,40.3846,90.3846,98.0769],"confirmation":[30.9505,81.1145,31.45,75.9791,28.3526,75.5745,78.0127,85.0436,51.9667,82.4637,79.0467,30.0357,73.3865,25.713,90.3119,35.1658,76.9561,4.6659,50.1327,49.7722,72.6904,75.2769,87.6621,75.9432,5.6254,78.8677,49.53,50.8367,84.68,84.7528,80.8317,6.8037,77.7513,80.3516,49.448,80.3146,49.8753,85.8386,88.0646,79.9037,32.3198,51.8576,78.8992,53.381,51.1804,28.6718,2.4629,72.5139,48.7144,76.3354,86.3256,86.962],"persistence":[100.0,100.0,87.5,87.5,75.0,75.0,75.0,75.0,75.0,50.0,37.5,25.0,12.5,12.5,37.5,37.5,62.5,50.0,50.0,37.5,12.5,12.5,12.5,37.5,25.0,37.5,37.5,37.5,37.5,12.5,12.5,37.5,50.0,50.0,75.0,75.0,75.0,75.0,75.0,75.0,75.0,100.0,100.0,100.0,100.0,75.0,62.5,62.5,62.5,37.5,37.5,37.5],"assessmentRisk":[37.0998,27.3944,32.592,41.8037,28.4897,41.4777,21.2696,21.5694,39.716,10.9225,30.312,52.037,41.3873,20.843,14.553,48.7565,29.6889,28.1813,50.7345,13.5206,30.5175,6.3007,17.5254,35.3947,44.1656,31.5473,1.9041,28.1058,23.7273,23.9007,29.596,45.3615,26.4126,27.7273,49.5178,7.2963,13.0605,23.3358,19.5708,30.7765,38.8381,37.8274,1.9089,4.1896,16.5644,17.1276,36.8469,43.5175,26.7028,15.1441,19.8934,31.7654],"volumeParticipation":true,"latest":{"consensus":-34.8,"control":-31.9,"force":-27.3,"direction":-43.5,"confirmation":87.0,"persistence":37.5,"assessmentRisk":31.8,"intensity":98.1,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. 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":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-34.8","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-31.9","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-27.3","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-43.5","detail":"Downward 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