{"schema_version":"1.0","name":"MCDS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"c2b6c37a-57ba-4298-969f-9c5bb1386fa2","symbol":"MCDS","name":"McDonald's Corporation","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, Range pressure and compression, Range position and boundary pressure, Drawdown and recovery pressure, Directional strength and control, Activity pressure and cumulative balance."},{"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":34,"displayedObservations":34,"assetType":"ETF","state":"Aligned downward","stateTone":"negative","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":["2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[-0.39238,-0.543757,-0.534275,-0.490589,-0.373165,-0.243498],"opens":[23.780001,23.27,22.639999,22.58,22.41,23.09],"highs":[24.200001,23.280001,22.719999,23.469999,23.34,23.41],"lows":[23.030001,22.540001,22.049999,22.4,22.299999,22.68],"closes":[23.219999,22.59,22.280001,22.82,23.09,22.950001],"hoverRows":[[{"label":"Open","value":"23.8","className":"is-ohlc","compact":true},{"label":"High","value":"24.2","className":"is-ohlc","compact":true},{"label":"Low","value":"23.0","className":"is-ohlc","compact":true},{"label":"Close","value":"23.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"23.3","className":"is-ohlc","compact":true},{"label":"High","value":"23.3","className":"is-ohlc","compact":true},{"label":"Low","value":"22.5","className":"is-ohlc","compact":true},{"label":"Close","value":"22.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"22.6","className":"is-ohlc","compact":true},{"label":"High","value":"22.7","className":"is-ohlc","compact":true},{"label":"Low","value":"22.0","className":"is-ohlc","compact":true},{"label":"Close","value":"22.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"22.6","className":"is-ohlc","compact":true},{"label":"High","value":"23.5","className":"is-ohlc","compact":true},{"label":"Low","value":"22.4","className":"is-ohlc","compact":true},{"label":"Close","value":"22.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"22.4","className":"is-ohlc","compact":true},{"label":"High","value":"23.3","className":"is-ohlc","compact":true},{"label":"Low","value":"22.3","className":"is-ohlc","compact":true},{"label":"Close","value":"23.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"23.1","className":"is-ohlc","compact":true},{"label":"High","value":"23.4","className":"is-ohlc","compact":true},{"label":"Low","value":"22.7","className":"is-ohlc","compact":true},{"label":"Close","value":"23.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[22.223601,23.276399],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened 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":"Zone progression","detail":"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.","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 improved this week but remains below zero.","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 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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.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"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.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","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 structure is downward","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":"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":"The current relationship is visible, but this ticker does not yet have a completed comparable outcome.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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":[26.6014,25.7761,25.9352,26.0843,26.2037,26.6512,27.6854,27.7053,27.8047,28.8191,27.81,27.7,26.25,26.04,25.8451,25.6763,26.302,25.2591,24.1665,23.2427,23.2328,23.7592,23.5109,23.65,24.04,23.79,22.8,23.7,23.22,22.59,22.28,22.82,23.09,22.95],"consensus":[0.0,-33.3333,29.1138,0.0,-17.0187,38.7694,69.7874,38.3556,39.836,81.5212,-14.8497,0.0,-65.4583,-57.0929,-49.2801,-53.2437,23.1394,-70.6328,-80.3289,-80.3748,-41.097,-16.056,-54.3943,0.0,-10.589,-14.1683,-40.5936,0.0,-51.7967,-60.5506,-50.8772,0.0,0.0,-14.6051],"supportDates":["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":[null,null,null,null,null,36.0614,75.416,25.8649,29.855,85.5749,-20.1024,0.0,-56.426,-53.3236,-42.5344,-50.5762,24.4074,-70.4487,-82.6491,-80.7773,-32.9109,-12.5926,-52.2472,0.0,-23.9576,-9.7471,-27.9965,0.0,-45.261,-67.1683,-49.8709,0.0,0.0,-21.7847],"force":[0.0,-33.3333,29.1138,0.0,-13.7619,34.2731,53.6582,11.879,12.3781,77.5319,-77.2666,0.0,-80.3908,-48.4164,-33.727,-36.0276,78.7888,-92.0963,-94.3658,-91.0962,-10.7875,-47.3473,-50.5093,0.0,-15.979,-3.4343,-38.134,0.0,-71.3965,-57.6156,-53.727,0.0,0.0,-12.3408],"direction":[null,null,null,null,-39.0049,45.076,74.8755,71.5425,70.8556,79.7381,-35.7369,0.0,-65.1148,-67.5981,-68.0987,-68.5896,18.0594,-55.512,-67.651,-72.2567,-72.1021,-65.3022,-59.6232,0.0,-14.2877,-31.7944,-56.7473,0.0,-45.2662,-55.0841,-49.9916,0.0,0.0,-8.0173],"intensity":[null,null,null,null,50.0,80.0,100.0,57.1429,37.5,88.8889,80.0,45.4545,100.0,100.0,28.5714,13.3333,50.0,88.2353,88.8889,63.1579,60.0,33.3333,18.1818,17.3913,58.3333,36.0,92.3077,70.3704,32.1429,62.069,40.0,58.0645,18.75,24.2424],"confirmation":[1.2801,33.3333,31.9831,1.4849,8.4427,80.3105,89.7546,79.6572,80.0628,93.9034,36.8646,4.193,89.5394,86.0627,83.3984,84.554,35.6006,91.2594,94.0977,94.0406,80.352,36.0258,85.3205,7.4625,28.4506,50.1307,81.107,29.0485,85.2719,87.1859,84.3829,8.665,29.4741,55.0],"persistence":[null,null,0.0,0.0,20.0,0.0,14.2857,25.0,37.5,62.5,37.5,37.5,37.5,12.5,12.5,37.5,37.5,62.5,62.5,75.0,75.0,75.0,75.0,62.5,87.5,87.5,87.5,75.0,75.0,75.0,75.0,75.0,62.5,62.5],"assessmentRisk":[null,null,null,null,28.4455,28.8698,14.9338,30.6433,29.9557,9.2124,17.2416,4.1875,15.9773,21.4215,25.1115,23.1707,7.7333,4.1004,8.629,9.7212,29.437,40.4084,12.1495,32.1041,48.0374,9.9473,21.8413,2.1087,16.4201,17.6306,10.099,42.0495,15.8311,37.4379],"volumeParticipation":true,"latest":{"consensus":-14.6,"control":-21.8,"force":-12.3,"direction":-8.0,"confirmation":55.0,"persistence":62.5,"assessmentRisk":37.4,"intensity":24.2,"evidenceDepth":100},"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. The completed evidence supports the downward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Follow-through is limited","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-14.6","detail":"Price structure has the available support","tone":"negative"},{"label":"SM Control Gauge","value":"-21.8","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-12.3","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-8.0","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"33.4","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"3.7%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"23.3","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"13%","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 downward.","series":[{"label":"Close","values":[26.6014,25.7761,25.9352,26.0843,26.2037,26.6512,27.6854,27.7053,27.8047,28.8191,27.81,27.7,26.25,26.04,25.8451,25.6763,26.302,25.2591,24.1665,23.2427,23.2328,23.7592,23.5109,23.65,24.04,23.79,22.8,23.7,23.22,22.59,22.28,22.82,23.09,22.95],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,26.2889,26.3548,26.5967,26.7983,26.9813,27.3154,27.4053,27.4589,27.2391,27.0211,26.8073,26.6016,26.5472,26.313,25.9227,25.4354,25.035,24.803,24.5681,24.4012,24.3355,24.2363,23.9752,23.9251,23.7969,23.5775,23.3416,23.2467,23.2182,23.1695],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,26.9477,26.8804,26.8037,26.7202,26.6892,26.5833,26.4043,26.1701,25.9525,25.79,25.6212,25.4752,25.3689,25.2519,25.0703,24.9688,24.8393,24.6727,24.4954,24.3713,24.2764,24.1782],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,28.8507,28.9105,28.927,28.8432,28.7754,28.7214,28.6773,28.6065,28.5979,28.7243,28.9449,29.1154,29.2017,29.2816,29.3129,29.2903,29.2218,29.0445,28.7487,28.4004,27.7403,27.2601,26.6472,26.3244,26.0022],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,25.0026,25.1034,25.2024,25.1608,25.0912,25.0002,24.8961,24.91,24.7519,24.3615,23.8109,23.3035,23.0156,22.6932,22.4185,22.2247,22.0071,21.6958,21.5911,21.481,21.5182,21.4453,21.5703,21.577,21.5903],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"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,2.9342,2.9346,2.9004,2.8665,3.075,3.3162,3.6016,3.526,3.4285,3.4013,3.2757,3.1825,3.1094,3.4638,3.4107,3.5924,3.6629,3.6633,3.6937,3.7114,3.6946],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,14.2911,14.0966,13.762,13.6374,13.679,13.8537,14.1158,13.8146,14.4181,16.4365,19.4636,22.1749,23.6938,25.3524,26.6549,27.431,28.1666,28.9659,28.4371,27.7436,25.2628,23.8774,21.0585,19.8216,18.5405],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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"]},{"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,78.6942,82.1306,100.0,70.2436,66.9999,24.2404,18.0476,12.3008,7.3214,25.7758,0.8301,0.6364,1.7501,5.7008,14.5874,10.3956,12.7434,19.3269,15.1067,6.9562,20.8686,13.4486,3.71,3.3978,11.3753,15.364,13.2958],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-2.177,-1.8258,0.0,-3.5014,-3.883,-8.9144,-9.6431,-10.3193,-10.9052,-8.7339,-12.3528,-16.1441,-19.3494,-19.3839,-17.5572,-18.4189,-17.9362,-16.583,-17.4505,-20.8857,-17.7627,-19.4283,-21.6144,-22.69,-20.8163,-19.8794,-20.3652],"stroke":"#c13f3f","width":1.5},{"label":"From 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tape.","series":[{"label":"Drawdown","values":[0.0,-3.1028,-2.5047,-1.9439,-1.4953,0.0,0.0,0.0,0.0,0.0,-3.5014,-3.883,-8.9144,-9.6431,-10.3193,-10.9052,-8.7339,-12.3528,-16.1441,-19.3494,-19.3839,-17.5572,-18.4189,-17.9362,-16.583,-17.4505,-20.8857,-17.7627,-19.4283,-21.6144,-22.69,-20.8163,-19.8794,-20.3652],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,7.4846,7.8704,11.8056,7.8908,7.4641,1.8387,1.024,0.268,0.0,2.4371,0.0,0.0,0.0,0.0,2.2659,1.1971,1.7957,3.4744,2.3983,0.0,3.9474,1.8421,0.0,0.0,2.4237,3.6355,3.0072],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior 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MCDS Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/c2b6c37a-57ba-4298-969f-9c5bb1386fa2/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."}