{"schema_version":"1.0","name":"MRAL Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"c6633647-c8a1-4ac0-9f12-519481dc6ae4","symbol":"MRAL","name":"GRANITESHARES 2X LONG MARA DAILY ETF","exchange":"NASDAQ","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Price structure and the underlying tape currently reinforce the same downside read.","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 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Distinct visits lasted 5.5 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 improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 108.3% across 3 completed cases, with the largest move arriving after 5.7 weeks on average.","approach":"Define the price level that would confirm the repair. 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history."},"events":{"positioning_recoveries":[{"date":"2026-03-13","price":38.8},{"date":"2026-04-10","price":38.5}],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[282.485,179.401,156.423,153.4,122.7,144.003,146.485,182.2,187.095,216.6,226.9,185.9,166.2,203.5,184.7,166.1,182.0,246.7,286.1,297.015,225.7,181.0,177.4,182.9,195.5,187.1,167.746,192.927,239.2,183.6,244.6,235.6,251.05,247.4,214.9,159.4,88.3,61.0,82.4,80.8,77.3,59.1,52.4,55.1,58.4,70.9,59.9,48.5,32.8,29.9,29.8,37.1,29.1,38.8,31.8,28.0,32.3,38.5,56.0,56.2,53.4,67.3681,61.64,74.49,80.912,57.99,73.997,75.1,77.4967,55.4206,56.39,40.17,50.715,41.9877,33.17,27.22,39.33],"consensus":[84.5385,24.9879,-56.9627,-54.2635,-68.8584,-13.1948,-29.1606,26.06,10.9018,47.3899,31.8943,-36.1101,-41.9789,29.5301,-33.7725,-36.5522,17.1619,57.3899,60.4662,34.5998,-25.0452,-48.4482,-31.3796,-16.7924,0.0,0.0,-27.3715,18.621,47.5205,-37.3407,51.2979,0.0,14.9417,0.0,-25.9432,-49.6649,-69.9845,-59.1336,-13.7988,-29.2108,-32.3328,-38.9215,-40.7084,-14.9173,-23.4513,0.0,-22.9169,-35.6658,-42.4634,-29.5778,-22.7136,-8.5295,-35.294,0.0,-30.1586,-28.3177,0.0,0.0,43.0353,19.1328,11.3272,42.0917,0.0,42.5716,35.9416,-23.3254,34.3315,8.8509,11.561,-28.7311,-12.1368,-46.3548,0.0,-28.2653,-39.9014,-39.7732,-8.2913],"supportDates":["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","2026-08-21"],"control":[0.0,-30.8567,20.3111,39.797,-36.2341,43.2239,0.0,7.8052,0.0,-25.0144,-44.4759,-69.2264,-59.7711,-1.0268,-23.2077,-39.5562,-47.1931,-47.8773,-5.3697,-24.5139,0.0,-28.9725,-45.3617,-40.5395,-26.0383,-18.0714,-8.6227,-43.8546,0.0,-42.1961,-33.7233,0.0,0.0,36.0407,11.6336,3.1188,42.1885,0.0,44.127,32.5669,-30.9005,35.9077,5.2645,11.0764,-39.5378,-10.1972,-51.7392,0.0,-29.3458,-42.7382,-46.7557,-10.8595],"force":[0.0,-29.4415,41.5047,78.8968,-76.7073,82.4404,0.0,16.4054,0.0,-51.4514,-74.8355,-91.8887,-57.931,-23.4466,-7.6243,-13.8753,-28.5476,-21.6347,-8.8501,-1.8769,0.0,-15.3917,-27.1633,-45.7619,-12.0884,-3.1415,-18.8193,-34.5046,0.0,-30.4701,-25.7327,0.0,0.0,69.6695,10.3178,1.2767,37.9888,0.0,37.8141,19.4752,-43.478,32.547,7.094,0.1603,-41.5582,-9.8481,-49.4012,0.0,-27.7447,-36.1963,-30.4692,-47.4918],"direction":[0.0,-21.91,0.3439,33.9359,-10.4864,38.2806,0.0,22.0523,0.0,-8.7844,-37.6162,-55.2052,-59.2639,-54.9993,-51.4904,-37.2613,-36.878,-46.1394,-42.8057,-37.6473,0.0,-21.3715,-30.6581,-42.3062,-46.1153,-41.999,-27.9579,-26.0743,0.0,-16.179,-23.9864,0.0,0.0,32.0048,33.9997,27.8871,44.9117,0.0,44.1921,51.5603,-0.2735,33.8047,24.3387,20.4871,-7.2183,-15.9882,-38.0252,0.0,-27.4024,-39.306,-38.4389,-22.6441],"intensity":[8.0,26.9231,40.7407,85.7143,72.4138,80.0,80.6452,50.0,66.6667,64.7059,82.8571,94.4444,97.2973,23.6842,2.5641,2.5,24.3902,11.9048,6.9767,6.8182,17.7778,15.2174,17.0213,43.75,24.4898,2.0,21.5686,5.7692,13.4615,5.7692,3.8462,3.8462,21.1538,44.2308,40.3846,11.5385,40.3846,7.6923,42.3077,59.6154,63.4615,51.9231,30.7692,36.5385,65.3846,23.0769,57.6923,32.6923,34.6154,21.1538,53.8462,51.9231],"confirmation":[1.4784,76.7689,51.9637,84.2805,81.1656,85.4875,6.2035,50.268,26.7618,77.0934,84.7389,91.0742,86.8764,8.4771,54.1144,77.6739,80.0127,80.3362,6.0827,52.1641,5.8605,75.0118,79.0062,81.7181,76.9858,52.0759,28.576,79.1396,4.4918,77.4768,76.9005,4.1337,26.5235,82.6896,73.9681,26.1101,81.3428,4.2,81.4542,79.0509,53.2962,78.9077,26.581,48.7172,54.7535,71.8436,82.8443,3.8292,77.0126,80.6123,80.3375,39.3062],"persistence":[25.0,50.0,50.0,25.0,25.0,0.0,12.5,25.0,25.0,25.0,0.0,25.0,25.0,50.0,62.5,87.5,100.0,100.0,100.0,100.0,87.5,87.5,87.5,87.5,87.5,87.5,87.5,87.5,87.5,87.5,87.5,75.0,62.5,37.5,12.5,12.5,25.0,37.5,62.5,75.0,62.5,62.5,62.5,62.5,37.5,25.0,0.0,12.5,12.5,37.5,62.5,62.5],"assessmentRisk":[11.1872,0.4044,5.1183,18.4798,14.159,22.5903,41.0244,8.149,44.4764,25.0456,24.1086,14.9875,20.4275,42.9873,33.6559,2.0468,16.7026,16.1849,30.8957,19.522,19.2866,25.8158,4.8549,20.187,35.0741,38.3069,39.0994,2.4545,34.2285,26.6974,25.6496,15.6607,5.7048,27.933,40.2612,43.7151,28.9023,28.3626,27.54,31.9051,24.055,23.3818,1.549,21.6374,4.207,38.404,26.4842,45.7721,24.8432,27.8345,19.3162,40.7588],"volumeParticipation":true,"latest":{"consensus":-8.3,"control":-10.9,"force":-47.5,"direction":-22.6,"confirmation":39.3,"persistence":62.5,"assessmentRisk":40.8,"intensity":51.9,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-8.3","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-10.9","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-47.5","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-22.6","detail":"Downward 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