{"schema_version":"1.0","name":"NKE Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"b309e289-43ed-4946-8e24-9ec30c0dba88","symbol":"NKE","name":"NIKE, Inc.","exchange":"GER","country":"DE","asset_type":"equity","currency":"EUR","sector":"Consumer Cyclical","industry":"Footwear & Accessories"},"summary":"Market Dynamics eased this week but remains positive. The broader path remains constructive, so one softer week does not by itself establish weakening confirmation. 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, Activity pressure and cumulative balance, Range position and boundary pressure, 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":260,"displayedObservations":104,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics eased this week but remains positive. The broader path remains constructive, so one softer week does not by itself establish weakening confirmation. Price structure remains downward.","evidenceAlignment":{"status":"Countertrend conflict","headline":"Improving Market Dynamics is challenging the downward price structure","summary":"Market Dynamics eased this week but remains positive. The broader path remains constructive, so one softer week does not by itself establish weakening confirmation. Price structure remains downward.","take":"This is an early challenge rather than a confirmed reversal. 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cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":17,"completedEpisodes":15,"activeEpisodes":2,"medianExpectedMove":3.4,"averageExpectedMove":5.5,"averageWeeksToLargestMove":5.2,"horizons":[{"weeks":4,"sample":16,"expectedCount":5,"expectedPercent":31.2,"averageReturn":-3.1,"medianReturn":-4.4,"confidenceLow":14.2,"confidenceHigh":55.6,"confidence":"Mixed historical record"},{"weeks":12,"sample":15,"expectedCount":4,"expectedPercent":26.7,"averageReturn":-6.6,"medianReturn":-7.7,"confidenceLow":10.9,"confidenceHigh":52.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":15,"expectedCount":3,"expectedPercent":20.0,"averageReturn":-16.1,"medianReturn":-18.0,"confidenceLow":7.0,"confidenceHigh":45.2,"confidence":"Historically adverse"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.2,"sample":17},{"week":2,"averageReturn":-1.4,"sample":17},{"week":3,"averageReturn":-1.5,"sample":16},{"week":4,"averageReturn":-3.1,"sample":16},{"week":5,"averageReturn":-4.8,"sample":16},{"week":6,"averageReturn":-3.4,"sample":15},{"week":7,"averageReturn":-3.7,"sample":15},{"week":8,"averageReturn":-4.7,"sample":15},{"week":9,"averageReturn":-4.1,"sample":15},{"week":10,"averageReturn":-5.8,"sample":15},{"week":11,"averageReturn":-5.6,"sample":15},{"week":12,"averageReturn":-6.6,"sample":15},{"week":13,"averageReturn":-7.4,"sample":15},{"week":14,"averageReturn":-9.8,"sample":15},{"week":15,"averageReturn":-9.5,"sample":15},{"week":16,"averageReturn":-10.0,"sample":15},{"week":17,"averageReturn":-8.9,"sample":15},{"week":18,"averageReturn":-8.9,"sample":15},{"week":19,"averageReturn":-8.1,"sample":15},{"week":20,"averageReturn":-10.1,"sample":15},{"week":21,"averageReturn":-11.1,"sample":15},{"week":22,"averageReturn":-11.6,"sample":15},{"week":23,"averageReturn":-10.7,"sample":15},{"week":24,"averageReturn":-12.6,"sample":15},{"week":25,"averageReturn":-13.9,"sample":15},{"week":26,"averageReturn":-16.1,"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 positive while price remains rotational","use":"Treat the improvement as context until price establishes a clear response.","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":"positive","direction":"weakening","zone":"accumulation","zoneContext":"Price is within accumulation conditions, but the completed tape has not yet confirmed a recovery. The zone is a watch area rather than a directional signal.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":26.7,"averageReturn":-6.6,"sample":15},"nowContext":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"The broader path remains constructive, so one softer week does not by itself establish weakening confirmation."},"priceContext":{"label":"Price remains downward while Market Dynamics is positive","detail":"The positive Market Dynamics reading has not yet reversed the downward price structure."}},"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":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 26.7% of comparable cases moved higher after 12 weeks, with an average move of -6.6% across 15 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 0.0% of completed 12-week outcomes were higher across 1 cases.","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 improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 5.5% across 15 completed cases, with the largest move arriving after 5.2 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[],"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":[70.9813,70.7351,69.4,67.83,73.4722,76.6501,71.6264,70.9223,72.6349,69.5046,68.0679,67.6873,69.105,70.3324,71.4075,73.1676,70.6136,70.2788,70.0301,68.05,67.0743,66.2517,67.2369,71.7423,64.9603,66.5578,70.4797,72.6606,68.4679,63.4675,60.4864,56.5438,50.5143,45.2158,45.9658,48.5622,48.8796,50.1489,54.7263,50.9086,51.5337,53.2389,52.0084,50.0416,59.9143,62.4915,60.1275,60.1371,62.4915,61.5807,61.1641,63.2084,64.9427,64.3711,61.7733,60.2136,58.9366,56.9773,60.2624,55.4274,56.3144,58.225,54.6963,51.2649,54.0626,52.9221,54.3746,55.4843,56.5743,49.5823,47.8343,52.8524,55.6119,54.4531,54.0309,51.0161,52.9899,52.0766,54.0505,51.7722,48.5507,46.7741,45.5271,44.4285,37.446,36.4464,38.6238,37.9706,37.2382,37.4114,36.0604,37.8914,39.47,37.275,39.29,39.22,36.095,38.595,38.845,38.49,36.94,36.125,36.35,35.41],"consensus":[0.0,0.0,-11.4852,-32.0754,50.9322,57.312,-24.8944,0.0,14.6998,-40.822,-27.1955,-23.6504,0.0,18.3141,20.7813,41.543,-12.6619,0.0,-17.2243,-38.4614,-32.7115,-33.4033,0.0,49.6081,-54.3054,9.9731,43.2214,36.1155,-25.208,-55.2773,-57.4549,-73.6684,-67.9521,-75.8936,-44.6352,-23.3845,-21.522,0.0,36.9506,-37.6381,-11.1735,17.6135,-27.9144,-34.8482,66.4215,57.1149,10.5145,27.7274,43.1203,0.0,0.0,40.5773,44.389,16.0919,-10.7174,-23.3133,-33.4733,-44.9161,20.5122,-58.199,-12.6721,15.5371,-55.3719,-64.1905,0.0,-36.962,0.0,18.1675,20.8849,-63.3403,-61.4751,18.3123,33.7532,0.0,0.0,-44.7062,11.6997,-18.8062,17.2457,-28.7544,-61.7001,-57.9953,-55.6051,-51.7467,-81.8573,-62.2113,0.0,-54.9655,-42.1633,-14.8282,-51.2042,9.2913,15.3559,-39.9551,0.0,0.0,-31.9216,17.4163,8.5871,-8.0916,-29.7047,-38.1094,-19.2546,-42.6021],"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":[50.0524,5.4006,-21.4559,-26.2589,-35.1761,-46.6188,21.5204,-59.2911,-9.623,17.524,-54.769,-70.1746,0.0,-33.0725,0.0,14.9735,17.5197,-58.995,-60.6703,23.7065,36.1099,0.0,0.0,-48.1003,19.2759,-15.5699,17.5303,-37.402,-62.6915,-59.6783,-60.0795,-54.538,-83.9835,-61.4119,0.0,-57.0639,-51.5966,-15.389,-48.5167,10.1001,6.2203,-54.2797,0.0,0.0,-23.7135,20.0394,14.3419,-7.6729,-37.9616,-41.3077,-18.2236,-45.0582],"force":[29.2118,8.5603,-34.6763,-35.7187,-39.4064,-48.2376,52.9451,-76.911,-10.6,34.9246,-70.4047,-69.5449,0.0,-29.9968,0.0,34.9139,33.2477,-91.5201,-68.7244,67.446,68.1843,0.0,0.0,-60.2478,39.8318,-18.7194,32.0816,-43.9874,-82.6035,-63.1802,-46.6422,-37.5169,-97.2348,-52.2904,0.0,-38.8456,-22.0865,-15.4757,-48.8103,66.6594,56.905,-32.2678,0.0,0.0,-28.529,33.0187,16.6109,-8.729,-43.8506,-37.4647,-3.8013,-43.8308],"direction":[48.7573,45.9193,-18.6686,-11.0859,-27.2892,-40.5977,3.8064,-43.5851,-32.7797,0.5818,-45.3233,-53.5268,0.0,-46.3822,0.0,9.856,15.9005,-48.1779,-57.2167,22.9481,6.4663,0.0,0.0,-29.7263,17.0532,-22.5669,6.3233,-7.9908,-45.6361,-52.3682,-56.8935,-58.7207,-68.4434,-70.2113,0.0,-64.0815,-45.723,-35.833,-55.9856,32.6103,3.8815,-29.075,0.0,0.0,-43.7256,3.274,3.7211,-8.1149,-10.1641,-34.9148,-31.4711,-38.9175],"intensity":[21.1538,13.4615,44.2308,17.3077,30.7692,32.6923,67.3077,84.6154,36.5385,30.7692,59.6154,63.4615,50.0,13.4615,15.3846,17.3077,25.0,94.2308,94.2308,84.6154,48.0769,30.7692,19.2308,53.8462,34.6154,3.8462,69.2308,46.1538,63.4615,53.8462,9.6154,19.2308,94.2308,94.2308,44.2308,46.1538,3.8462,3.8462,13.4615,32.6923,53.8462,67.3077,48.0769,1.9231,84.6154,73.0769,3.8462,1.9231,26.9231,7.6923,3.8462,13.4615],"confirmation":[81.6556,6.3872,30.6454,75.7934,78.8663,82.4484,53.6823,87.1773,28.3203,50.9899,86.1863,88.6129,10.77,79.6748,29.0933,74.3726,75.1112,89.1939,87.9052,34.8374,57.1478,28.6379,24.7997,82.7279,30.7905,74.0647,51.2998,54.8672,88.366,86.6909,85.4523,84.0827,94.6306,87.6174,13.6766,85.0657,80.7366,29.7811,84.3533,34.3328,29.8141,80.3331,26.2675,24.592,78.2366,51.3421,49.0319,47.9485,77.8108,80.1266,51.0396,44.64],"persistence":[75.0,75.0,50.0,25.0,0.0,12.5,0.0,25.0,50.0,50.0,50.0,50.0,37.5,37.5,50.0,25.0,0.0,25.0,25.0,0.0,12.5,25.0,25.0,0.0,0.0,0.0,25.0,0.0,25.0,37.5,50.0,50.0,75.0,75.0,87.5,87.5,87.5,87.5,87.5,62.5,37.5,37.5,37.5,25.0,25.0,0.0,25.0,0.0,25.0,25.0,37.5,50.0],"assessmentRisk":[11.4827,28.2682,14.8632,25.1309,31.1195,27.5195,43.8664,19.7027,35.278,18.3281,21.5026,14.7077,38.3239,30.296,8.9168,37.6813,27.7748,8.1382,17.8834,42.5256,31.7999,48.0309,45.0079,4.6798,41.4348,24.7225,8.2827,27.031,14.2189,18.2392,22.1182,23.9269,9.0592,18.8864,46.4567,22.069,16.6457,28.0225,15.5272,6.4567,29.9143,16.9108,40.8616,28.7255,28.2154,23.3502,17.0338,17.1752,38.3617,26.105,35.6639,26.4226],"volumeParticipation":true,"latest":{"consensus":-42.6,"control":-45.1,"force":-43.8,"direction":-38.9,"confirmation":44.6,"persistence":50.0,"assessmentRisk":26.4,"intensity":13.5,"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 downward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-42.6","detail":"Price structure has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-45.1","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-43.8","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-38.9","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"45/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"36.1","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"7.2%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"18.8","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"1%","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 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