{"schema_version":"1.0","name":"JBMA Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"b497a9fa-6618-4d1e-8caa-b56ae6e523c1","symbol":"JBMA","name":"JBM Auto Limited","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Consumer Cyclical","industry":"Auto Parts"},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","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, Drawdown and recovery pressure, Activity pressure and cumulative balance, Strength versus the research benchmark, Acceleration, deceleration and rollover, 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":"Rotational","stateTone":"caution","summary":"Market Dynamics weakened this week and remains below zero. 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cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":15,"completedEpisodes":13,"activeEpisodes":2,"medianExpectedMove":6.2,"averageExpectedMove":21.9,"averageWeeksToLargestMove":8.9,"horizons":[{"weeks":4,"sample":15,"expectedCount":6,"expectedPercent":40.0,"averageReturn":1.0,"medianReturn":-2.0,"confidenceLow":19.8,"confidenceHigh":64.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":13,"expectedCount":6,"expectedPercent":46.2,"averageReturn":11.9,"medianReturn":-1.3,"confidenceLow":23.2,"confidenceHigh":70.9,"confidence":"Mixed historical record"},{"weeks":26,"sample":13,"expectedCount":7,"expectedPercent":53.8,"averageReturn":31.9,"medianReturn":0.5,"confidenceLow":29.1,"confidenceHigh":76.8,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.0,"sample":15},{"week":2,"averageReturn":0.1,"sample":15},{"week":3,"averageReturn":0.2,"sample":15},{"week":4,"averageReturn":1.0,"sample":15},{"week":5,"averageReturn":1.7,"sample":14},{"week":6,"averageReturn":4.1,"sample":14},{"week":7,"averageReturn":4.5,"sample":14},{"week":8,"averageReturn":8.4,"sample":14},{"week":9,"averageReturn":9.2,"sample":14},{"week":10,"averageReturn":10.4,"sample":14},{"week":11,"averageReturn":10.1,"sample":14},{"week":12,"averageReturn":11.9,"sample":13},{"week":13,"averageReturn":11.9,"sample":13},{"week":14,"averageReturn":13.5,"sample":13},{"week":15,"averageReturn":14.2,"sample":13},{"week":16,"averageReturn":17.7,"sample":13},{"week":17,"averageReturn":17.2,"sample":13},{"week":18,"averageReturn":19.7,"sample":13},{"week":19,"averageReturn":20.4,"sample":13},{"week":20,"averageReturn":21.0,"sample":13},{"week":21,"averageReturn":24.6,"sample":13},{"week":22,"averageReturn":27.4,"sample":13},{"week":23,"averageReturn":31.8,"sample":13},{"week":24,"averageReturn":30.9,"sample":13},{"week":25,"averageReturn":31.2,"sample":13},{"week":26,"averageReturn":31.9,"sample":13}]}},"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":"Negative pressure; price rotational","tone":"caution","headline":"Market Dynamics is negative while price remains rotational","use":"Treat the pressure as context until price establishes a clear response.","confirm":"The underlying condition is weak, but a negative price response is still required.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":40.0,"averageReturn":10.0,"sample":15},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price has no clear direction","detail":"Price remains rotational while the Market Dynamics condition develops."}},"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":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 40.0% of comparable cases moved lower after 12 weeks, with an average move of 10.0% 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, 100.0% of completed 12-week outcomes were higher across 4 cases. Distinct visits lasted 1.2 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 11.1% across 15 completed cases, with the largest move arriving after 5.8 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":[{"date":"2025-04-25","price":674.098816},{"date":"2026-04-10","price":611.450012}],"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":[952.0817,956.1731,951.8275,1021.9588,945.7856,905.4645,889.2112,886.0905,854.1082,784.5511,814.4612,782.7286,726.0544,708.378,783.0532,804.5994,880.4479,818.5308,782.6537,788.1214,731.7218,753.8422,737.4641,800.4799,711.349,594.0059,604.1923,515.8104,548.3669,496.1867,567.2417,591.0099,605.7901,617.3248,699.7146,674.0988,643.0903,619.9213,725.0806,739.5114,716.1926,706.8051,700.4136,652.5776,641.6422,645.6868,641.842,639.4951,657.2214,625.1642,592.3581,605.3408,637.5477,594.95,613.6,712.95,725.6,686.0,682.8,664.55,649.55,649.0,665.0,634.1,633.4,614.6,614.0,590.05,570.85,572.1,622.5,666.6,613.7,592.8,529.0,564.05,580.65,579.85,570.45,551.35,521.9,494.3,567.25,546.65,561.7,611.45,624.2,612.85,630.15,649.9,641.6,631.8,621.45,679.7,683.8,727.3,693.1,703.55,684.7,670.35,656.05,660.0,648.65,622.95],"consensus":[-21.7991,-10.0121,-9.1176,44.2316,-36.0512,-41.2779,-33.7653,-22.7631,-41.7401,-61.6097,0.0,-49.4737,-64.3434,-47.0603,0.0,0.0,52.1947,-21.5885,-34.0689,0.0,-53.2753,0.0,-32.272,32.8423,-46.9707,-73.0371,-28.9838,-74.8864,-15.0137,-62.2046,9.3452,0.0,0.0,21.6186,55.2562,0.0,-11.4382,-21.2307,53.2907,34.5057,0.0,8.6114,0.0,-35.5596,-24.0486,-15.005,-17.9405,-15.2572,12.0232,-31.8562,-43.6151,-11.646,11.2359,-42.0927,0.0,62.6513,34.6664,-10.7029,16.1212,-15.4496,-18.7497,-15.5197,0.0,-33.3062,-10.9717,-35.9964,-20.9561,-44.6416,-41.0647,-21.591,31.0495,55.1018,-30.4087,-26.0496,-66.3057,0.0,0.0,-17.8962,-10.4843,-34.6484,-39.9935,-56.0204,33.1956,-25.0741,20.1352,52.477,33.5475,9.6479,31.6531,40.6966,0.0,9.7073,0.0,34.6608,40.0171,59.0111,18.3461,24.8004,8.3386,-16.2337,-17.4065,-10.2931,-26.4028,-44.569],"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":[17.7967,-44.9837,0.0,55.3148,24.4651,-18.3,9.331,-13.0981,-13.9292,-16.4619,0.0,-37.7549,-10.1713,-40.8671,-16.4574,-49.3697,-39.3808,-15.2198,28.8072,48.1763,-37.2404,-34.8311,-68.2382,0.0,0.0,-21.7312,-21.8146,-42.9288,-36.3786,-59.5392,35.013,-21.8713,13.198,42.356,27.3766,2.0588,24.8285,40.0838,0.0,6.3584,0.0,33.9615,43.2219,57.8142,9.4355,22.731,7.9534,-14.3108,-15.8618,-5.7634,-29.0486,-49.2389],"force":[27.3089,-55.2436,0.0,92.2822,27.7902,-63.0228,6.1358,-29.0354,-23.5848,-14.1096,0.0,-41.5961,-2.5295,-33.7212,-8.3549,-39.9708,-31.1055,-0.4538,73.3411,85.8529,-71.8742,-35.8116,-80.3304,0.0,0.0,-14.9214,-5.2419,-31.9314,-35.5323,-51.7682,79.2035,-47.938,43.3046,82.6136,31.076,11.597,24.9001,36.587,0.0,7.6634,0.0,23.7107,26.6079,60.1826,8.1778,6.5998,8.1199,-31.3682,-23.044,-11.0213,-28.5033,-44.4851],"direction":[7.7428,-29.3951,0.0,49.871,51.2365,-35.3509,31.0138,-8.4331,-20.805,-15.4502,0.0,-22.3006,-17.9166,-32.0552,-35.0983,-42.5742,-50.1029,-44.6188,3.4039,41.0517,-7.0173,-9.0408,-54.0794,0.0,0.0,-15.6382,-1.28,-27.1259,-47.3115,-55.0362,1.7441,-12.4032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Dynamics has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":false},"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":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-44.6","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-49.2","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-44.5","detail":"Downward 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