{"schema_version":"1.0","name":"CRDU Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"c8fee00d-c56c-4832-8b48-30180cc5ddfc","symbol":"CRDU","name":"Tradr 2X Long CRDO Daily ETF","exchange":"CBOE","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"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, Directional strength and control, Range pressure and compression, Range position and boundary pressure."},{"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":49,"displayedObservations":49,"assetType":"ETF","state":"Rotational","stateTone":"caution","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","evidenceAlignment":{"status":"Negative pressure; price rotational","headline":"Market Dynamics is negative while price has no clear direction","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","take":"The underlying condition is weak, but a negative price response is still required.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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"],"values":[-0.264453,-0.338643,-0.03178,0.345089,0.698301,1.024532,0.992301,1.003318,1.031483,1.028989,1.138421,1.135268,1.078767,1.033339,0.97234,0.678369,0.440543,0.211649,-0.008475,0.021139,-0.017359],"opens":[3.9275,4.38,6.4625,10.2175,14.6675,13.535,13.6825,11.2825,18.725,20.65,16.625,23.75,27.9,18.72,20.395,19.1675,13.75,14.22,11.68,18.27,21.01],"highs":[4.4625,6.25,11.5025,15.615,14.6675,15.693575,16.7975,17.1775,20.6925,21.25,25.31,25.5,31.72,24.5875,24.53755,19.85,17.63,14.42,17.71,22.85,22.8],"lows":[3.2175,4.3575,6.425,10.2175,10.585,12.3775,10.97,8.1859,15.8725,14.024075,15.375,19.5175,17.2625,16.5,17.314625,10.4225,13.1054,9.21,11.0981,16.0,13.5],"closes":[4.3975,6.0075,10.3375,15.0,13.12,13.645,11.0125,17.0675,19.9175,15.045,21.75,24.8525,18.95875,18.5275,20.825,12.5,13.65,12.445,17.67,18.95,14.48],"hoverRows":[[{"label":"Open","value":"3.93","className":"is-ohlc","compact":true},{"label":"High","value":"4.46","className":"is-ohlc","compact":true},{"label":"Low","value":"3.22","className":"is-ohlc","compact":true},{"label":"Close","value":"4.40","className":"is-ohlc","compact":true},{"label":"Market 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but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"14.2","className":"is-ohlc","compact":true},{"label":"High","value":"14.4","className":"is-ohlc","compact":true},{"label":"Low","value":"9.21","className":"is-ohlc","compact":true},{"label":"Close","value":"12.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.21","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":"17.7","className":"is-ohlc","compact":true},{"label":"Low","value":"11.1","className":"is-ohlc","compact":true},{"label":"Close","value":"17.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.01","note":"Cautious and 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weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[3.1702,26.0798],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.017359,"state":"Negative and weakening","context":{"scenario":"negativeWeakening","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"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":"Negative and weakening","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Negative and weakening","detail":"Market Dynamics weakened this week and remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","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":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":21,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-06-19","price":24.8525}],"reversal_dangers":[{"date":"2026-06-26","price":18.95875}]}},"smTape":{"available":true,"dates":["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":[20.8671,14.1075,14.22,12.96,13.2225,15.3075,21.675,16.23,12.4725,10.4325,18.0825,17.4975,11.46,12.3825,11.43,11.1525,12.15,12.0975,9.405,8.175,6.195,7.17,7.44,6.0375,5.4975,6.235,4.68,3.9425,4.3975,6.0075,10.3375,15.0,13.12,13.645,11.0125,17.0675,19.9175,15.045,21.75,24.8525,18.9587,18.5275,20.825,12.5,13.65,12.445,17.67,18.95,14.48],"consensus":[29.0222,-78.8301,-57.5309,-40.5845,-48.3367,0.0,48.078,-24.8458,-40.0816,-43.3281,32.0834,0.0,-52.0577,0.0,-38.5913,-29.5337,0.0,-13.8271,-44.6765,-39.9546,-45.8852,-19.6831,-15.3417,-41.4769,-21.4669,0.0,-44.181,-38.7858,0.0,11.3828,57.1381,67.7418,21.2589,31.8089,-13.4514,59.8696,57.1212,-17.781,65.9649,58.6011,-19.5931,9.3956,21.9396,-49.5311,-15.4212,-25.6863,35.2438,22.6318,-34.21],"supportDates":["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":[null,null,null,null,null,0.0,46.9953,-32.7797,-41.6293,-39.024,45.0305,0.0,-51.2308,0.0,-36.9851,-24.6743,0.0,-18.7641,-42.8178,-43.7544,-38.3776,-19.8497,-13.6527,-43.4549,-19.6802,0.0,-47.2306,-46.5983,0.0,18.0959,49.6974,70.6052,11.7926,23.26,-23.282,59.5822,59.6291,-23.417,57.361,60.6109,-25.6,1.5105,23.4174,-45.802,-16.3059,-17.6244,41.5686,15.0091,-34.117],"force":[29.0222,-78.8301,-57.5309,-40.5845,-9.4905,0.0,45.1839,-51.1769,-48.2118,-37.5502,57.3889,0.0,-81.9714,0.0,-31.3991,-15.4371,0.0,-8.9762,-68.4735,-38.1537,-54.8857,-10.5063,-2.8569,-46.1076,-11.9424,0.0,-46.5732,-26.6817,0.0,31.6976,87.2135,72.3009,10.2922,13.2492,-43.6875,74.9335,44.6304,-76.437,85.6185,48.2727,-65.5242,4.4091,20.3106,-73.9497,-0.6789,-29.6871,74.2025,24.8121,-73.7787],"direction":[null,null,null,null,-76.084,0.0,51.3824,-3.0294,-32.5056,-52.3741,0.7886,0.0,-31.6358,0.0,-45.5642,-45.1565,0.0,-11.65,-29.8028,-36.8983,-48.0363,-41.0566,-30.271,-35.9089,-30.3121,0.0,-38.9872,-38.503,0.0,10.7999,44.1593,61.2127,54.6139,54.8359,-19.3808,49.4382,63.1771,-30.5574,61.7595,63.6817,-20.0798,28.2675,21.4143,-36.3511,-25.9101,-32.0422,0.1877,29.7861,-6.0528],"intensity":[null,null,null,null,50.0,60.0,83.3333,71.4286,50.0,44.4444,100.0,90.9091,75.0,61.5385,14.2857,6.6667,37.5,41.1765,38.8889,47.3684,45.0,23.8095,9.0909,17.3913,33.3333,8.0,26.9231,37.037,3.5714,41.3793,76.6667,70.9677,43.75,39.3939,52.9412,85.7143,100.0,72.973,89.4737,61.5385,82.5,95.122,42.8571,100.0,45.4545,57.7778,69.5652,68.0851,60.4167],"confirmation":[31.9538,47.8923,41.0765,35.6537,59.0253,3.8299,83.3132,54.6118,81.0503,81.7545,56.3422,3.5266,85.5827,4.5532,80.1545,77.0952,4.3799,72.2016,83.05,80.6727,83.072,30.284,50.3233,81.3836,74.6064,4.703,82.1644,79.9235,4.7346,29.13,87.3142,89.7727,30.8479,77.7435,31.8774,87.6218,85.8599,36.5772,89.8388,86.407,34.5284,26.3133,74.9485,84.651,49.9088,76.4644,57.7023,75.4248,57.4878],"persistence":[null,null,33.3333,50.0,60.0,50.0,28.5714,37.5,62.5,62.5,37.5,25.0,25.0,25.0,50.0,50.0,37.5,37.5,62.5,75.0,75.0,87.5,87.5,87.5,100.0,87.5,87.5,87.5,75.0,50.0,25.0,0.0,25.0,37.5,37.5,62.5,75.0,50.0,50.0,50.0,25.0,25.0,50.0,25.0,0.0,0.0,0.0,0.0,0.0],"assessmentRisk":[null,null,null,null,25.3559,16.7727,23.7829,45.4468,10.7462,21.3218,49.4521,15.0809,14.6221,19.4506,27.6895,31.7153,6.2656,3.2015,1.8556,15.9509,25.0694,36.7066,21.6427,20.3137,7.332,31.39,27.1869,28.3085,33.7965,14.9036,21.2632,16.1274,39.3488,34.0554,22.0915,2.9498,20.9077,30.502,16.8308,19.7429,2.3482,31.0134,22.6136,24.817,34.3313,31.5117,47.6615,33.4061,26.5099],"volumeParticipation":true,"latest":{"consensus":-34.2,"control":-34.1,"force":-73.8,"direction":-6.1,"confirmation":57.5,"persistence":0.0,"assessmentRisk":26.5,"intensity":60.4,"evidenceDepth":100},"analysis":{"status":"Market 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":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-34.2","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-34.1","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-73.8","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-6.1","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"57/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"46.5","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"44.3%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"15.7","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"40%","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 is rotating through its trend references.","series":[{"label":"Close","values":[20.8671,14.1075,14.22,12.96,13.2225,15.3075,21.675,16.23,12.4725,10.4325,18.0825,17.4975,11.46,12.3825,11.43,11.1525,12.15,12.0975,9.405,8.175,6.195,7.17,7.44,6.0375,5.4975,6.235,4.68,3.9425,4.3975,6.0075,10.3375,15.0,13.12,13.645,11.0125,17.0675,19.9175,15.045,21.75,24.8525,18.9587,18.5275,20.825,12.5,13.65,12.445,17.67,18.95,14.48],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,16.8187,16.544,17.4769,17.2502,16.3815,15.2999,15.8058,16.1134,15.2673,14.7428,14.1405,13.5972,13.3341,13.1092,12.4357,11.6611,10.6672,10.0314,9.5602,8.9197,8.2975,7.9225,7.333,6.7165,6.2949,6.2426,6.9871,8.444,9.2942,10.0853,10.2538,11.4927,13.0245,13.3918,14.9115,16.719,17.1262,17.381,18.0072,17.0059,16.3957,15.6774,16.0397,16.5688,16.189],"stroke":"#176fa3","width":1.7},{"label":"Slow 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risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the 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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,116.8081,111.8656,136.8013,81.0244,199.7972,182.3467,135.1416,110.1016,80.1473,286.8751,184.3393,233.9364,167.5311,212.4076,311.5334,102.2358,185.6042,450.4936,68.5655,100.5966,48.7064,26.8261,40.5404,122.5308,60.3243,39.4924,40.6826,50.655,69.5127,39.7234,199.7627,129.0523,51.311,60.3123,56.5999,70.3663,60.5535,163.6698,211.8153,168.0545,133.1077,184.1798],"stroke":"#1678a7","width":1.8},{"label":"Cumulative 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}