{"schema_version":"1.0","name":"FUJI Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"b344682f-4c52-48b8-9cdd-31c189f0cafc","symbol":"FUJI","name":"BNP Paribas Easy MSCI Japan UCITS ETF Acc","exchange":"PAR","country":"FR","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure remains intact, but its underlying support has 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 pressure and compression, Activity pressure and cumulative balance, Range position and boundary pressure, Acceleration, deceleration and rollover, Directional strength and control."},{"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":37,"displayedObservations":37,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure remains intact, but its underlying support has weakened.","evidenceAlignment":{"status":"Confirmation weakening","headline":"Upward price structure remains intact, but support is fading","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure remains intact, but its underlying support has weakened.","take":"Treat the advance as conditional. Renewed Market Dynamics would restore confirmation; continued contraction would increase rollover risk.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[1.144737,1.451772,1.443239,1.070425,0.849191,0.556146,0.370087,0.387382,0.260638],"opens":[12.17,12.33,12.248,11.738,11.838,12.09,12.132,12.488,12.618],"highs":[12.202,12.336,12.35,11.758,12.144,12.124,12.506,12.492,12.714],"lows":[12.17,12.286,12.242,11.664,11.838,11.614,11.988,12.46,12.034],"closes":[12.202,12.33,12.35,11.758,12.046,11.932,12.506,12.46,12.174],"hoverRows":[[{"label":"Open","value":"12.2","className":"is-ohlc","compact":true},{"label":"High","value":"12.2","className":"is-ohlc","compact":true},{"label":"Low","value":"12.2","className":"is-ohlc","compact":true},{"label":"Close","value":"12.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.14","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.3","className":"is-ohlc","compact":true},{"label":"High","value":"12.3","className":"is-ohlc","compact":true},{"label":"Low","value":"12.3","className":"is-ohlc","compact":true},{"label":"Close","value":"12.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.45","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.2","className":"is-ohlc","compact":true},{"label":"High","value":"12.3","className":"is-ohlc","compact":true},{"label":"Low","value":"12.2","className":"is-ohlc","compact":true},{"label":"Close","value":"12.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.44","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.7","className":"is-ohlc","compact":true},{"label":"High","value":"11.8","className":"is-ohlc","compact":true},{"label":"Low","value":"11.7","className":"is-ohlc","compact":true},{"label":"Close","value":"11.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.07","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.8","className":"is-ohlc","compact":true},{"label":"High","value":"12.1","className":"is-ohlc","compact":true},{"label":"Low","value":"11.8","className":"is-ohlc","compact":true},{"label":"Close","value":"12.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.85","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Positioning recovery","className":"is-positive","wide":true}],[{"label":"Open","value":"12.1","className":"is-ohlc","compact":true},{"label":"High","value":"12.1","className":"is-ohlc","compact":true},{"label":"Low","value":"11.6","className":"is-ohlc","compact":true},{"label":"Close","value":"11.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.56","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"12.1","className":"is-ohlc","compact":true},{"label":"High","value":"12.5","className":"is-ohlc","compact":true},{"label":"Low","value":"12.0","className":"is-ohlc","compact":true},{"label":"Close","value":"12.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.37","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.5","className":"is-ohlc","compact":true},{"label":"High","value":"12.5","className":"is-ohlc","compact":true},{"label":"Low","value":"12.5","className":"is-ohlc","compact":true},{"label":"Close","value":"12.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.39","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.6","className":"is-ohlc","compact":true},{"label":"High","value":"12.7","className":"is-ohlc","compact":true},{"label":"Low","value":"12.0","className":"is-ohlc","compact":true},{"label":"Close","value":"12.2","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}]],"pressureRange":[-2.3,2.3],"priceRange":[11.71312,12.55088],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.260638,"state":"Positive but weakening over four weeks","context":{"scenario":"positiveWeakening","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"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":"Positive support is weakening","detail":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","annotations":[{"label":"Current tape relationship","value":"Positive support is weakening","detail":"Market Dynamics eased this week but remains positive.","tone":"caution"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"24 Jul 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"positive"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":31,"relationship":{"sameWeekCorrelation":0.18,"forwardCorrelation":-0.16,"directionalAgreement":0.0,"sample":5,"correlationSample":30,"label":"Variable relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":6.0,"averageReturn":6.0,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"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,"averageReturn":2.4,"sample":1},{"week":2,"averageReturn":1.5,"sample":1},{"week":3,"averageReturn":6.4,"sample":1},{"week":4,"averageReturn":6.0,"sample":1},{"week":5,"averageReturn":3.5,"sample":1},{"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}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"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,"averageReturn":-0.4,"sample":1},{"week":2,"averageReturn":-2.7,"sample":1},{"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}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":4,"completedEpisodes":3,"activeEpisodes":1,"medianExpectedMove":10.0,"averageExpectedMove":7.9,"averageWeeksToLargestMove":5.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":2,"expectedPercent":66.7,"averageReturn":1.0,"medianReturn":0.7,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":3,"expectedCount":2,"expectedPercent":66.7,"averageReturn":3.6,"medianReturn":4.4,"confidenceLow":20.8,"confidenceHigh":93.9,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":14.7,"medianReturn":14.7,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.1,"sample":4},{"week":2,"averageReturn":2.4,"sample":4},{"week":3,"averageReturn":0.8,"sample":3},{"week":4,"averageReturn":1.0,"sample":3},{"week":5,"averageReturn":-0.8,"sample":3},{"week":6,"averageReturn":0.0,"sample":3},{"week":7,"averageReturn":0.2,"sample":3},{"week":8,"averageReturn":1.1,"sample":3},{"week":9,"averageReturn":3.7,"sample":3},{"week":10,"averageReturn":4.3,"sample":3},{"week":11,"averageReturn":4.5,"sample":3},{"week":12,"averageReturn":3.6,"sample":3},{"week":13,"averageReturn":5.0,"sample":3},{"week":14,"averageReturn":6.1,"sample":3},{"week":15,"averageReturn":9.1,"sample":3},{"week":16,"averageReturn":9.7,"sample":3},{"week":17,"averageReturn":9.7,"sample":3},{"week":18,"averageReturn":10.4,"sample":2},{"week":19,"averageReturn":8.5,"sample":2},{"week":20,"averageReturn":9.8,"sample":2},{"week":21,"averageReturn":6.5,"sample":2},{"week":22,"averageReturn":10.3,"sample":2},{"week":23,"averageReturn":9.6,"sample":2},{"week":24,"averageReturn":11.1,"sample":2},{"week":25,"averageReturn":17.4,"sample":1},{"week":26,"averageReturn":14.7,"sample":1}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","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}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","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}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":11.3,"averageExpectedMove":11.3,"averageWeeksToLargestMove":6.5,"horizons":[{"weeks":4,"sample":3,"expectedCount":3,"expectedPercent":100.0,"averageReturn":3.5,"medianReturn":2.9,"confidenceLow":43.9,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":8.2,"medianReturn":8.2,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.3,"sample":3},{"week":2,"averageReturn":2.4,"sample":3},{"week":3,"averageReturn":5.5,"sample":3},{"week":4,"averageReturn":3.5,"sample":3},{"week":5,"averageReturn":3.2,"sample":3},{"week":6,"averageReturn":0.8,"sample":2},{"week":7,"averageReturn":0.4,"sample":2},{"week":8,"averageReturn":4.7,"sample":2},{"week":9,"averageReturn":7.0,"sample":2},{"week":10,"averageReturn":7.2,"sample":2},{"week":11,"averageReturn":7.0,"sample":2},{"week":12,"averageReturn":8.2,"sample":2},{"week":13,"averageReturn":11.2,"sample":2},{"week":14,"averageReturn":12.6,"sample":2},{"week":15,"averageReturn":9.6,"sample":2},{"week":16,"averageReturn":11.6,"sample":2},{"week":17,"averageReturn":12.6,"sample":2},{"week":18,"averageReturn":15.8,"sample":2},{"week":19,"averageReturn":15.7,"sample":2},{"week":20,"averageReturn":11.6,"sample":2},{"week":21,"averageReturn":13.5,"sample":1},{"week":22,"averageReturn":12.5,"sample":1},{"week":23,"averageReturn":17.9,"sample":1},{"week":24,"averageReturn":17.4,"sample":1},{"week":25,"averageReturn":14.7,"sample":1},{"week":26,"sample":0}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"averageReturn":1.1,"medianReturn":1.1,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"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,"averageReturn":-0.9,"sample":1},{"week":2,"averageReturn":3.8,"sample":1},{"week":3,"averageReturn":3.4,"sample":1},{"week":4,"averageReturn":1.1,"sample":1},{"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":"Confirmation weakening","tone":"caution","headline":"Market Dynamics remains positive but has weakened over four weeks","use":"The upward structure still has positive support, but renewed strength is needed to restore full confirmation.","confirm":"Treat the advance as conditional. Renewed Market Dynamics would restore confirmation; continued contraction would increase rollover risk.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"weakening","zone":"middle","zoneContext":"Market Dynamics remains above zero, but support has contracted across the recent completed path. Price confirmation now carries more weight.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is upward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"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":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 11.3% across 2 completed cases, with the largest move arriving after 6.5 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":[{"date":"2026-07-24","price":12.046}],"reversal_warnings":[{"date":"2026-07-24","price":12.046}],"reversal_dangers":[{"date":"2026-07-31","price":11.932}]}},"smTape":{"available":true,"dates":["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":[10.146,10.2,10.136,10.25,10.766,10.964,10.61,10.61,10.61,11.672,11.534,11.596,10.792,10.836,10.55,10.516,10.934,11.154,11.25,11.078,11.016,11.53,11.794,11.738,11.882,11.894,11.914,12.502,12.202,12.33,12.35,11.758,12.046,11.932,12.506,12.46,12.174],"consensus":[0.0,-25.0,-100.0,100.0,82.5,84.8054,11.799,45.4295,21.0797,94.9454,30.9134,80.8697,-33.0505,0.0,-62.1939,-34.8719,44.0131,59.3971,45.1352,-11.077,-10.5046,69.4295,76.2814,34.535,67.3745,25.4102,49.4138,79.1004,33.6719,55.1009,54.424,-25.5473,35.9548,-20.9065,65.8846,17.4069,21.9641],"supportDates":["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,92.2208,19.3473,36.0118,35.4849,93.1544,15.7165,77.9378,-34.708,0.0,-44.5201,-16.0982,40.9635,56.8671,49.5548,-19.4836,-14.2342,70.1158,80.3846,37.1145,66.1988,10.4235,61.1038,81.6614,38.2008,59.7966,60.1965,-12.9172,41.4749,-8.7389,70.455,3.2328,24.8438],"force":[0.0,-25.0,-100.0,100.0,58.0,54.2742,37.1099,10.4396,10.3118,97.4096,27.9045,73.6213,-81.5473,0.0,-83.4823,-23.5827,81.0834,87.034,31.2009,-64.3064,-39.3906,89.3181,89.4765,6.2969,74.333,1.0088,28.5905,87.1302,9.9117,36.5483,34.8967,-40.7883,66.1714,-50.0369,90.2954,8.1969,72.386],"direction":[null,null,null,null,100.0,98.1387,82.3298,81.1854,27.0391,95.2321,90.2941,89.3979,-3.4844,0.0,-67.1866,-64.3914,21.0195,42.5478,50.0372,-36.5515,-14.3907,54.4391,62.167,60.7525,63.7479,61.4085,50.9276,70.4379,59.6271,62.9862,61.775,-29.0952,8.063,-14.0047,43.2252,51.8943,17.3427],"intensity":[null,null,null,null,100.0,80.0,66.6667,57.1429,12.5,100.0,40.0,18.1818,91.6667,84.6154,64.2857,66.6667,68.75,41.1765,55.5556,36.8421,10.0,80.9524,63.6364,13.0435,45.8333,28.0,42.3077,92.5926,53.5714,24.1379,6.6667,90.3226,68.75,45.4545,88.2353,74.2857,72.2222],"confirmation":[0.0,30.6667,54.6667,54.6667,70.6133,94.0943,37.4706,81.6146,30.4358,98.4849,36.9509,93.7021,58.1056,30.6578,88.8202,79.101,83.2604,87.8879,81.9512,35.5031,29.9217,90.8131,92.7497,56.4441,89.7898,53.103,82.9997,93.5178,34.1589,84.9953,84.7326,76.8321,80.3423,75.7633,89.7574,6.7546,42.8877],"persistence":[null,null,66.6667,25.0,0.0,16.6667,28.5714,37.5,50.0,75.0,100.0,100.0,75.0,62.5,37.5,12.5,12.5,12.5,12.5,12.5,12.5,0.0,25.0,50.0,50.0,50.0,50.0,75.0,100.0,100.0,100.0,75.0,75.0,50.0,50.0,50.0,25.0],"assessmentRisk":[null,null,null,null,8.4122,7.5565,41.4538,22.2607,40.0417,0.1089,33.8259,9.161,36.5314,49.4658,17.9646,31.9693,6.2157,2.4436,24.1323,49.6899,15.2333,0.7295,8.5439,31.1333,15.853,33.8945,0.3392,10.3258,25.6897,19.8579,20.2458,36.5228,41.811,32.8108,9.7094,40.283,30.0586],"volumeParticipation":true,"latest":{"consensus":22.0,"control":24.8,"force":72.4,"direction":17.3,"confirmation":42.9,"persistence":25.0,"assessmentRisk":30.1,"intensity":72.2,"evidenceDepth":100},"analysis":{"status":"Joint upward confirmation","headline":"The gauges support the upward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same upward assessment.","take":"Current assessment: upward pressure has broad support.","tone":"positive","supportedView":"Price structure and Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is easing","forceState":"Upward commitment","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+22.0","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+24.8","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+72.4","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+17.3","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"43/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"58.6","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"2.7%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"11.7","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"77%","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":[10.146,10.2,10.136,10.25,10.766,10.964,10.61,10.61,10.61,11.672,11.534,11.596,10.792,10.836,10.55,10.516,10.934,11.154,11.25,11.078,11.016,11.53,11.794,11.738,11.882,11.894,11.914,12.502,12.202,12.33,12.35,11.758,12.046,11.932,12.506,12.46,12.174],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,10.2784,10.403,10.4407,10.4714,10.4966,10.7103,10.8601,10.9939,10.9572,10.9352,10.8651,10.8016,10.8257,10.8854,10.9517,10.9747,10.9822,11.0818,11.2113,11.307,11.4116,11.4993,11.5747,11.7433,11.8267,11.9182,11.9967,11.9533,11.9702,11.9632,12.0619,12.1343,12.1415],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,10.6069,10.6239,10.6184,10.6108,10.6347,10.6732,10.7159,10.7428,10.763,10.8198,10.892,10.9546,11.0233,11.0878,11.149,11.2492,11.3198,11.3946,11.4654,11.4871,11.5285,11.5584,11.6286,11.6902,11.726],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,11.4938,11.6929,11.8501,11.81,11.778,11.7352,11.696,11.6836,11.6986,11.7241,11.723,11.7173,11.777,11.8612,11.9194,12.0313,12.1326,12.2112,12.4041,12.4916,12.5918,12.698,12.7109,12.7499,12.7657,12.815,12.8094,12.7962],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,9.699,9.6703,9.6656,9.7109,9.7538,9.7678,9.7775,9.8131,9.8432,9.8682,9.8974,9.9901,10.0634,10.145,10.2356,10.2353,10.227,10.2788,10.2751,10.3468,10.3124,10.2878,10.2911,10.3775,10.4713,10.6176,10.8176,10.9548],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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,1.9257,2.0276,2.2434,2.3929,2.3907,2.2861,2.2718,2.2744,2.3821,2.3223,2.3554,2.2472,2.1182,2.0943,2.1892,2.2771,2.1702,2.0744,2.4399,2.4403,2.593,2.6251,2.473,2.7492],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,16.9378,18.9353,20.3057,19.5073,18.8022,18.2989,17.8687,17.4024,17.2259,17.1905,16.8871,15.9135,15.6923,15.5976,15.2002,16.1316,17.0441,17.1851,18.775,18.783,19.9037,20.9704,21.0397,20.5152,19.7486,18.7548,16.8601,15.506],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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,0.0,0.0,545.5035,0.592,62.449,549.2634,865.9323,17.4961,738.41,552.5034,269.9753,1.4336,130.1783,1247.2213,832.4882,416.0542,98.0788,211.7363,48.4774,8.5183,60.4067,22.6624,23.3724,277.6416,26.8102,426.6861,421.8943,292.2849,13.938,83.2145],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,82.2388,82.2388,135.0,134.9585,135.0,81.8326,135.0,134.2669,80.402,135.0,135.0,135.0,127.6251,65.0,111.8115,135.0,128.8021,135.0,135.0,135.0,135.0,133.8553,135.0,135.0,133.9082,135.0,118.0373,131.7968,131.1465,127.1617],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,54.6083,54.6083,96.8474,88.1463,92.0555,41.3619,44.1362,26.1034,23.9596,50.3153,64.1866,70.2396,59.3947,55.4855,87.8941,100.0,96.6224,100.0,97.5583,98.6681,100.0,87.3204,92.3623,92.8504,65.0047,78.5513,73.1891,100.0,97.8404,76.9033],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-3.5805,-3.5805,-0.4265,-1.6038,-1.0749,-7.9338,-7.5584,-9.9983,-10.2883,-6.7224,-4.8456,-4.0266,-5.4939,-6.0229,-1.6379,0.0,-0.4748,0.0,-0.3686,-0.201,0.0,-2.3996,-1.3758,-1.2158,-5.951,-3.6474,-4.5593,0.0,-0.3678,-4.2473],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,4.6764,4.6764,15.1539,13.7924,14.4041,6.472,6.9061,4.0845,3.749,7.8729,10.0434,10.9905,9.2936,8.6819,13.753,16.3575,15.8051,17.2257,17.3441,17.5414,23.3425,20.3828,20.2927,19.0247,13.3192,16.0948,14.9961,20.5281,20.0848,17.3285],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,0.2849,0.2593,0.2135,0.1725,0.1718,0.1868,0.204,0.2015,0.1923,0.2239,0.2672,0.2936,0.3224,0.3422,0.3555,0.4087,0.4219,0.4375,0.4464,0.4011,0.384,0.3571,0.3777,0.386,0.3652],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.2325,0.2234,0.2195,0.2159,0.2112,0.2137,0.2244,0.2383,0.2551,0.2725,0.2891,0.313,0.3348,0.3553,0.3736,0.3791,0.38,0.3755,0.3759,0.3779,0.3754],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.0608,-0.0366,-0.0155,-0.0144,-0.0189,0.0102,0.0428,0.0553,0.0673,0.0697,0.0664,0.0957,0.0871,0.0822,0.0729,0.022,0.0039,-0.0184,0.0018,0.008,-0.0102],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,11.325,12.818,13.1824,13.8127,14.2471,13.4924,13.1833,12.3359,12.3709,12.4034,11.6573],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,45.4053,43.801,36.8783,36.7201,33.8296,37.0699,35.1761,32.8094,36.9466,39.3579,36.2057,37.1651,38.1627,35.7811,45.6359,41.741,43.825,42.5053,35.2454,41.3188,36.4539,40.2126,39.7838,34.0103],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,38.982,35.3112,41.9624,35.1346,32.01,30.8187,31.4013,31.0562,26.3071,24.4959,24.7559,23.8022,23.4243,27.6306,23.3905,29.0549,28.0156,28.3988,37.9393,34.3809,35.5042,31.0702,30.7389,35.3695],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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/b344682f-4c52-48b8-9cdd-31c189f0cafc/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/b344682f-4c52-48b8-9cdd-31c189f0cafc/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/b344682f-4c52-48b8-9cdd-31c189f0cafc/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/b344682f-4c52-48b8-9cdd-31c189f0cafc/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/b344682f-4c52-48b8-9cdd-31c189f0cafc/technical-pack/data.json"},"source_fingerprint":"0059b026ffb552b499bd9f16789a4d512cd2d6ffc331ac0e19665f6dfc4ff30e","content_hash":"a31c815d0645e9628b416cbdd739c5ab4fb5d6436df768abc3998cf12539cc86","citation":"Sharemaestro, FUJI Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/b344682f-4c52-48b8-9cdd-31c189f0cafc/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."}