{"schema_version":"1.0","name":"6166 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"caf4a8cc-1940-4f75-a472-7cba8580ef82","symbol":"6166","name":"CIG Shanghai Co., Ltd.","exchange":"HKG","country":"HK","asset_type":"equity","currency":"HKD","sector":"Technology","industry":"Communication Equipment"},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price structure remains downward.","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, Acceleration, deceleration and rollover, Activity pressure and cumulative balance, Directional strength and control, 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":43,"displayedObservations":43,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price structure remains downward.","evidenceAlignment":{"status":"Countertrend conflict","headline":"Improving Market Dynamics is challenging the downward price structure","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price structure remains downward.","take":"This is an early challenge rather than a confirmed reversal. Price must respond to the improvement before the downward technical state can be considered resolved.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[1.176208,1.554486,1.52384,1.339579,1.079312,0.873641,0.700301,0.395401,0.115425,-0.228227,-0.522345,-0.571862,-0.562549,-0.474141,-0.437118],"opens":[148.64524,139.666665,157.0,135.699997,124.0,127.400002,159.0,111.199997,118.0,100.0,88.050003,84.150002,67.25,85.650002,103.0],"highs":[166.602378,159.02047,166.0,151.100006,129.300003,138.899994,159.100006,120.0,128.399994,103.199997,92.0,89.300003,90.199997,103.300003,107.5],"lows":[135.17738,125.300951,137.0,131.0,122.0,123.5,143.0,106.599998,107.0,83.800003,77.550003,60.599998,65.5,77.599998,85.5],"closes":[141.462387,142.699997,146.399994,133.300003,122.400002,138.899994,148.300003,111.400002,109.0,85.050003,84.199997,66.849998,84.650002,100.199997,96.400002],"hoverRows":[[{"label":"Open","value":"148.6","className":"is-ohlc","compact":true},{"label":"High","value":"166.6","className":"is-ohlc","compact":true},{"label":"Low","value":"135.2","className":"is-ohlc","compact":true},{"label":"Close","value":"141.5","className":"is-ohlc","compact":true},{"label":"Market 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Dynamics","value":"-0.44","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[61.962998,153.187003],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.437118,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","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":"Underlying pressure is repairing","detail":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","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 below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","annotations":[{"label":"Current tape relationship","value":"Underlying pressure is repairing","detail":"Market Dynamics improved this week but remains below zero.","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":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Repairing","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":15,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[{"date":"2026-05-15","price":141.462387}]}},"smTape":{"available":true,"dates":["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":[81.8048,77.914,79.9592,78.4627,82.8024,81.6551,88.8879,80.9568,92.2299,95.8712,86.4936,93.2275,80.1587,81.1064,68.6362,66.192,63.8975,66.8405,75.7692,80.2086,75.5198,73.724,69.1849,78.9615,122.5076,126.5979,121.7095,143.3578,141.4624,142.7,146.4,133.3,122.4,138.9,148.3,111.4,109.0,85.05,84.2,66.85,84.65,100.2,96.4],"consensus":[-77.0492,0.0,-51.751,-47.1833,8.6428,0.0,23.5407,-15.9101,37.9737,22.1249,-18.8544,33.186,-33.9778,-13.0751,-52.7443,-42.3134,-36.6695,-18.3569,27.2747,22.1494,-8.3654,0.0,-24.6357,20.8359,72.3866,38.4266,21.7279,70.7309,21.3048,33.1152,29.9026,0.0,-19.552,43.5747,20.9636,-37.5947,-28.1999,-62.2204,-36.575,-66.497,0.0,26.5426,-8.3148],"supportDates":["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,0.0,26.9335,-21.9389,43.0477,14.3213,-20.6495,31.3199,-28.2575,-6.6829,-52.1491,-39.3574,-40.5021,-16.4688,21.4333,14.4386,-13.4245,0.0,-26.7688,23.7241,66.1791,26.2896,15.5816,67.2242,12.5007,28.9214,18.5338,0.0,-22.1645,53.8032,21.6268,-39.4619,-30.0923,-66.9834,-31.5386,-61.1799,0.0,24.897,-12.529],"force":[-77.0492,0.0,-51.751,-47.1833,12.8045,0.0,20.1727,-29.6208,43.6088,13.6893,-41.3507,41.6713,-53.2454,-4.3506,-58.3145,-29.7311,-22.4338,-3.2219,68.9634,39.5351,-23.9317,0.0,-25.3899,38.4918,97.1511,25.2132,19.0014,84.7106,13.0069,14.0619,14.6374,0.0,-35.5771,56.6503,3.4922,-44.0785,-23.9435,-63.767,-17.0126,-81.3383,0.0,63.2855,-9.0881],"direction":[null,null,null,null,5.6702,0.0,22.0688,-0.7735,28.1497,37.0687,-0.734,29.258,-26.7528,-26.6123,-49.4457,-54.679,-42.4576,-35.9282,4.1729,18.5434,-8.5351,0.0,-21.6592,4.9238,61.7921,61.7354,57.8447,64.7531,55.875,51.5175,53.7992,0.0,-5.1198,22.5454,32.6853,-30.8294,-29.0774,-55.6724,-56.304,-61.9728,0.0,2.1783,-2.9462],"intensity":[null,null,null,null,75.0,60.0,66.6667,85.7143,87.5,77.7778,70.0,36.3636,91.6667,15.3846,85.7143,53.3333,37.5,29.4118,66.6667,94.7368,80.0,4.7619,27.2727,69.5652,100.0,96.0,88.4615,88.8889,82.1429,58.6207,66.6667,80.6452,90.625,78.7879,85.2941,97.1429,38.8889,91.8919,52.6316,76.9231,77.5,68.2927,28.5714],"confirmation":[47.3224,1.4024,39.227,37.7653,25.6226,1.3335,75.3787,50.9155,80.246,74.9418,52.025,78.9066,79.5473,26.6822,85.057,81.2019,79.242,51.266,55.4208,75.7351,27.5617,24.6136,75.8739,52.4949,92.013,80.0787,32.5256,91.1134,31.3475,78.0801,77.2768,6.7476,52.0386,82.1865,51.4991,80.1994,76.8654,87.8851,79.1846,89.8124,35.4936,54.9718,55.9534],"persistence":[null,null,66.6667,75.0,40.0,33.3333,14.2857,25.0,0.0,12.5,12.5,37.5,12.5,0.0,25.0,25.0,50.0,75.0,50.0,50.0,50.0,37.5,37.5,12.5,12.5,37.5,37.5,37.5,62.5,75.0,100.0,87.5,62.5,62.5,62.5,37.5,12.5,12.5,37.5,50.0,37.5,37.5,62.5],"assessmentRisk":[null,null,null,null,10.9235,40.9137,37.3514,32.1066,27.2554,38.3558,9.0061,31.5689,29.816,42.1739,22.7672,28.7699,30.3742,38.7176,22.2257,36.3306,49.7936,41.0617,25.6273,19.2876,13.705,30.7591,39.1034,14.6291,34.111,25.7542,32.8921,27.5992,33.5387,34.4575,4.0029,22.7471,17.0712,18.8053,31.6919,16.426,48.2482,23.619,36.3265],"volumeParticipation":true,"latest":{"consensus":-8.3,"control":-12.5,"force":-9.1,"direction":-2.9,"confirmation":56.0,"persistence":62.5,"assessmentRisk":36.3,"intensity":28.6,"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":"Seller control supports the view","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Broadly stable","directionState":"Follow-through is limited","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-8.3","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-12.5","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-9.1","detail":"Commitment is limited","tone":"negative"},{"label":"SM Direction Gauge","value":"-2.9","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"56/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"47.3","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"24.2%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"26.0","detail":"Directional","tone":"positive"},{"label":"Range position","value":"34%","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 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6166 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/caf4a8cc-1940-4f75-a472-7cba8580ef82/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."}