{"schema_version":"1.0","name":"6871 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"ccc1428c-24ec-4e64-94b1-53763e7a015a","symbol":"6871","name":"ROBOTPHOENIX","exchange":"HKG","country":"HK","asset_type":"equity","currency":"HKD","sector":"Industrials","industry":"Specialty Industrial Machinery"},"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, Completed returns and cumulative progression, Range expansion and closing direction, Activity pressure and cumulative balance, Drawdown and recovery pressure, 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":"2026-08-21","observations":14,"displayedObservations":14,"assetType":"Equity","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":["2026-05-22","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":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"opens":[54.650002,32.900002,28.719999,23.66,29.0,23.200001,19.18,29.200001,35.0,32.5,30.0,26.879999,33.599998,31.6],"highs":[59.650002,36.32,29.0,30.719999,40.299999,23.200001,20.6,29.9,35.98,36.779999,30.0,33.779999,34.5,33.18],"lows":[30.620001,31.4,24.299999,23.280001,27.34,21.5,19.110001,26.1,30.700001,28.5,23.620001,25.299999,30.299999,29.0],"closes":[32.200001,32.0,24.379999,30.0,37.16,21.5,20.24,26.34,31.799999,28.76,26.440001,33.599998,31.620001,29.040001],"hoverRows":[[{"label":"Open","value":"54.7","className":"is-ohlc","compact":true},{"label":"High","value":"59.7","className":"is-ohlc","compact":true},{"label":"Low","value":"30.6","className":"is-ohlc","compact":true},{"label":"Close","value":"32.2","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":"32.9","className":"is-ohlc","compact":true},{"label":"High","value":"36.3","className":"is-ohlc","compact":true},{"label":"Low","value":"31.4","className":"is-ohlc","compact":true},{"label":"Close","value":"32.0","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}],[{"label":"Open","value":"28.7","className":"is-ohlc","compact":true},{"label":"High","value":"29.0","className":"is-ohlc","compact":true},{"label":"Low","value":"24.3","className":"is-ohlc","compact":true},{"label":"Close","value":"24.4","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":"23.7","className":"is-ohlc","compact":true},{"label":"High","value":"30.7","className":"is-ohlc","compact":true},{"label":"Low","value":"23.3","className":"is-ohlc","compact":true},{"label":"Close","value":"30.0","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}],[{"label":"Open","value":"29.0","className":"is-ohlc","compact":true},{"label":"High","value":"40.3","className":"is-ohlc","compact":true},{"label":"Low","value":"27.3","className":"is-ohlc","compact":true},{"label":"Close","value":"37.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"23.2","className":"is-ohlc","compact":true},{"label":"High","value":"23.2","className":"is-ohlc","compact":true},{"label":"Low","value":"21.5","className":"is-ohlc","compact":true},{"label":"Close","value":"21.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"19.2","className":"is-ohlc","compact":true},{"label":"High","value":"20.6","className":"is-ohlc","compact":true},{"label":"Low","value":"19.1","className":"is-ohlc","compact":true},{"label":"Close","value":"20.2","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":"29.2","className":"is-ohlc","compact":true},{"label":"High","value":"29.9","className":"is-ohlc","compact":true},{"label":"Low","value":"26.1","className":"is-ohlc","compact":true},{"label":"Close","value":"26.3","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":"35.0","className":"is-ohlc","compact":true},{"label":"High","value":"36.0","className":"is-ohlc","compact":true},{"label":"Low","value":"30.7","className":"is-ohlc","compact":true},{"label":"Close","value":"31.8","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":"32.5","className":"is-ohlc","compact":true},{"label":"High","value":"36.8","className":"is-ohlc","compact":true},{"label":"Low","value":"28.5","className":"is-ohlc","compact":true},{"label":"Close","value":"28.8","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":"30.0","className":"is-ohlc","compact":true},{"label":"High","value":"30.0","className":"is-ohlc","compact":true},{"label":"Low","value":"23.6","className":"is-ohlc","compact":true},{"label":"Close","value":"26.4","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":"26.9","className":"is-ohlc","compact":true},{"label":"High","value":"33.8","className":"is-ohlc","compact":true},{"label":"Low","value":"25.3","className":"is-ohlc","compact":true},{"label":"Close","value":"33.6","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":"33.6","className":"is-ohlc","compact":true},{"label":"High","value":"34.5","className":"is-ohlc","compact":true},{"label":"Low","value":"30.3","className":"is-ohlc","compact":true},{"label":"Close","value":"31.6","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":"31.6","className":"is-ohlc","compact":true},{"label":"High","value":"33.2","className":"is-ohlc","compact":true},{"label":"Low","value":"29.0","className":"is-ohlc","compact":true},{"label":"Close","value":"29.0","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":[19.2248,38.1752],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"steady","fourWeekDirection":"steady","now":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"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 remains positive and was little changed this week.","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 read.","tone":"neutral"}],"relationshipEvidence":{"available":false,"observations":14,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-06-19","price":37.16}],"reversal_dangers":[{"date":"2026-06-26","price":21.5}]}},"smTape":{"available":true,"dates":["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":[32.2,32.0,24.38,30.0,37.16,21.5,20.24,26.34,31.8,28.76,26.44,33.6,31.62,29.04],"consensus":[-89.1147,-75.6098,-96.5957,46.7742,20.5569,-35.9518,0.0,-10.8193,0.0,-10.2905,0.0,32.0428,0.0,-15.32],"supportDates":["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,-46.642,0.0,-15.587,0.0,-20.9704,0.0,34.8714,0.0,-24.3022],"force":[-89.1147,-75.6098,-96.5957,46.7742,19.1773,-30.0233,0.0,-5.1829,0.0,-20.4324,0.0,42.4939,0.0,-20.9671],"direction":[null,null,null,null,21.5423,-27.9689,0.0,-9.3963,0.0,-9.1594,0.0,21.3451,0.0,-1.021],"intensity":[null,null,null,null,75.0,80.0,16.6667,57.1429,37.5,22.2222,50.0,54.5455,25.0,7.6923],"confirmation":[51.1834,46.8618,53.5773,37.6344,51.8485,79.161,25.6396,48.5511,0.4635,28.06,24.946,78.5291,25.3003,50.271],"persistence":[null,null,100.0,50.0,20.0,33.3333,28.5714,37.5,25.0,25.0,12.5,12.5,25.0,25.0],"assessmentRisk":[null,null,null,null,24.3895,24.1794,20.4285,16.5995,29.8192,43.485,38.4829,23.1735,0.7235,9.8502],"volumeParticipation":true,"latest":{"consensus":-15.3,"control":-24.3,"force":-21.0,"direction":-1.0,"confirmation":50.3,"persistence":25.0,"assessmentRisk":9.9,"intensity":7.7,"evidenceDepth":54},"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":"Broadly stable","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-15.3","detail":"Price structure has the available support","tone":"negative"},{"label":"SM Control Gauge","value":"-24.3","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-21.0","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-1.0","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"50/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"-","detail":"Developing","tone":"neutral"},{"label":"Risk pressure","value":"54.2%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"24%","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":[32.2,32.0,24.38,30.0,37.16,21.5,20.24,26.34,31.8,28.76,26.44,33.6,31.62,29.04],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,31.8028,29.9296,28.1678,27.8355,28.5563,28.5934,28.2018,29.1833,29.6264,29.5197],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,30.1893,30.1042],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,38.4973,37.9161,38.4104,38.3827,38.0471],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,18.3787,18.5967,18.993,19.4696,19.8215],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"key":"returns","eyebrow":"Observed return path","title":"Completed returns and cumulative progression","description":"Period returns are shown beside the total move recorded across the available tape.","reason":"Selected because direct returns remain fully observable while longer indicators develop.","series":[{"label":"Period return","values":[null,-0.6211,-23.8125,23.0517,23.8667,-42.1421,-5.8605,30.1383,20.7289,-9.5597,-8.0668,27.0802,-5.8928,-8.1594],"stroke":"#176fa3","width":1.7},{"label":"Cumulative 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range","values":[90.1553,15.375,19.2781,24.8,34.8762,7.907,7.3617,14.4267,16.6038,28.79,24.1301,25.2381,13.2827,14.3939],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[-41.0796,-2.7356,-15.1114,26.7963,28.1379,-7.3276,5.5266,-9.7945,-9.1429,-11.5077,-11.8667,25.0,-5.8928,-8.1013],"stroke":"#176fa3","width":1.8}],"guides":[{"label":"Unchanged close","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative 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,12.0312,17.0752,76.7333,34.8578,45.0032,40.4941,31.4449],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,134.9742,135.0,124.5125,120.0397,125.5393,120.8245,117.3467],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"drawdown","eyebrow":"Path 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 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6871 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/ccc1428c-24ec-4e64-94b1-53763e7a015a/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."}