{"schema_version":"1.0","name":"DVDE Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"cd423359-7840-4465-8cdd-fb7575920bac","symbol":"DVDE","name":"FRANKLIN TEMPLETON ICAV FRANKLI","exchange":"LSE","country":"GB","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","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, Activity pressure and cumulative balance, Range position and boundary pressure, Range pressure and compression, Directional strength and control, Directional pressure and rotation."},{"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":50,"displayedObservations":50,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","evidenceAlignment":{"status":"Material conflict","headline":"Upward price structure is not confirmed by Market Dynamics","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","take":"The divergence must narrow through either a recovery in Market Dynamics or weaker price. In this configuration, price reversal is the principal risk, so the upward alignment should be treated as vulnerable rather than confirmed.","tone":"negative","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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"],"values":[0.355585,0.485339,0.469837,0.509921,0.499858,0.465045,0.293861,0.085651,0.031554,-0.005156,-0.217799,-0.082798,-0.320152,-0.491568,-0.503924,-0.784144,-0.807853,-0.811359,-0.723389,-0.635467,-0.472372,-0.200068],"opens":[41.985001,42.215,43.845001,44.615002,44.700001,43.869999,44.049999,43.945,43.814999,44.715,43.459999,44.459999,43.4925,43.235001,43.8675,43.7225,44.107498,43.692501,43.985001,44.365002,44.799999,44.672501],"highs":[42.540001,43.415001,44.494999,44.677502,44.700001,44.682499,44.3825,44.029999,44.900002,44.75,43.459999,44.647499,43.4925,43.235001,43.8675,43.7225,44.107498,44.102501,44.654999,44.764999,44.810001,45.195],"lows":[41.919998,42.215,43.845001,44.412498,43.912498,43.485001,43.732498,43.404999,43.814999,44.275002,43.459999,44.384998,43.4925,43.172501,43.8675,43.7225,44.107498,43.692501,43.985001,44.185001,44.330002,44.634998],"closes":[42.095001,43.342499,44.327499,44.412498,43.912498,44.682499,43.732498,43.442501,44.744999,44.272499,43.459999,44.647499,43.4925,43.172501,43.8675,43.7225,44.107498,43.950001,44.310001,44.552502,44.669998,45.195],"hoverRows":[[{"label":"Open","value":"42.0","className":"is-ohlc","compact":true},{"label":"High","value":"42.5","className":"is-ohlc","compact":true},{"label":"Low","value":"41.9","className":"is-ohlc","compact":true},{"label":"Close","value":"42.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.36","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"42.2","className":"is-ohlc","compact":true},{"label":"High","value":"43.4","className":"is-ohlc","compact":true},{"label":"Low","value":"42.2","className":"is-ohlc","compact":true},{"label":"Close","value":"43.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.49","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"43.8","className":"is-ohlc","compact":true},{"label":"High","value":"44.5","className":"is-ohlc","compact":true},{"label":"Low","value":"43.8","className":"is-ohlc","compact":true},{"label":"Close","value":"44.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.47","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"44.6","className":"is-ohlc","compact":true},{"label":"High","value":"44.7","className":"is-ohlc","compact":true},{"label":"Low","value":"44.4","className":"is-ohlc","compact":true},{"label":"Close","value":"44.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.51","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"44.7","className":"is-ohlc","compact":true},{"label":"High","value":"44.7","className":"is-ohlc","compact":true},{"label":"Low","value":"43.9","className":"is-ohlc","compact":true},{"label":"Close","value":"43.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.50","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"43.9","className":"is-ohlc","compact":true},{"label":"High","value":"44.7","className":"is-ohlc","compact":true},{"label":"Low","value":"43.5","className":"is-ohlc","compact":true},{"label":"Close","value":"44.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.47","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"44.0","className":"is-ohlc","compact":true},{"label":"High","value":"44.4","className":"is-ohlc","compact":true},{"label":"Low","value":"43.7","className":"is-ohlc","compact":true},{"label":"Close","value":"43.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.29","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"43.9","className":"is-ohlc","compact":true},{"label":"High","value":"44.0","className":"is-ohlc","compact":true},{"label":"Low","value":"43.4","className":"is-ohlc","compact":true},{"label":"Close","value":"43.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.09","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"43.8","className":"is-ohlc","compact":true},{"label":"High","value":"44.9","className":"is-ohlc","compact":true},{"label":"Low","value":"43.8","className":"is-ohlc","compact":true},{"label":"Close","value":"44.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.03","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"44.7","className":"is-ohlc","compact":true},{"label":"High","value":"44.8","className":"is-ohlc","compact":true},{"label":"Low","value":"44.3","className":"is-ohlc","compact":true},{"label":"Close","value":"44.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.01","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"43.5","className":"is-ohlc","compact":true},{"label":"High","value":"43.5","className":"is-ohlc","compact":true},{"label":"Low","value":"43.5","className":"is-ohlc","compact":true},{"label":"Close","value":"43.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.22","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"44.5","className":"is-ohlc","compact":true},{"label":"High","value":"44.6","className":"is-ohlc","compact":true},{"label":"Low","value":"44.4","className":"is-ohlc","compact":true},{"label":"Close","value":"44.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.08","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"43.5","className":"is-ohlc","compact":true},{"label":"High","value":"43.5","className":"is-ohlc","compact":true},{"label":"Low","value":"43.5","className":"is-ohlc","compact":true},{"label":"Close","value":"43.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.32","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"43.2","className":"is-ohlc","compact":true},{"label":"High","value":"43.2","className":"is-ohlc","compact":true},{"label":"Low","value":"43.2","className":"is-ohlc","compact":true},{"label":"Close","value":"43.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.49","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"43.9","className":"is-ohlc","compact":true},{"label":"High","value":"43.9","className":"is-ohlc","compact":true},{"label":"Low","value":"43.9","className":"is-ohlc","compact":true},{"label":"Close","value":"43.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.50","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"43.7","className":"is-ohlc","compact":true},{"label":"High","value":"43.7","className":"is-ohlc","compact":true},{"label":"Low","value":"43.7","className":"is-ohlc","compact":true},{"label":"Close","value":"43.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.78","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"44.1","className":"is-ohlc","compact":true},{"label":"High","value":"44.1","className":"is-ohlc","compact":true},{"label":"Low","value":"44.1","className":"is-ohlc","compact":true},{"label":"Close","value":"44.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.81","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"43.7","className":"is-ohlc","compact":true},{"label":"High","value":"44.1","className":"is-ohlc","compact":true},{"label":"Low","value":"43.7","className":"is-ohlc","compact":true},{"label":"Close","value":"44.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.81","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"44.0","className":"is-ohlc","compact":true},{"label":"High","value":"44.7","className":"is-ohlc","compact":true},{"label":"Low","value":"44.0","className":"is-ohlc","compact":true},{"label":"Close","value":"44.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.72","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"44.4","className":"is-ohlc","compact":true},{"label":"High","value":"44.8","className":"is-ohlc","compact":true},{"label":"Low","value":"44.2","className":"is-ohlc","compact":true},{"label":"Close","value":"44.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.64","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"44.8","className":"is-ohlc","compact":true},{"label":"High","value":"44.8","className":"is-ohlc","compact":true},{"label":"Low","value":"44.3","className":"is-ohlc","compact":true},{"label":"Close","value":"44.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.47","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"44.7","className":"is-ohlc","compact":true},{"label":"High","value":"45.2","className":"is-ohlc","compact":true},{"label":"Low","value":"44.6","className":"is-ohlc","compact":true},{"label":"Close","value":"45.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.20","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":[41.909001,45.381],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.200068,"state":"Price ahead of Market Dynamics","context":{"scenario":"priceAhead","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 is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Unsupported elevation","detail":"Price is in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.","tone":"negative"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Price is in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.","annotations":[{"label":"Current tape relationship","value":"Unsupported elevation","detail":"Market Dynamics improved this week but remains below zero.","tone":"negative"},{"label":"Price location","value":"Distribution zone","detail":"Price is extended; support can persist, but rollover risk must be monitored.","tone":"caution"},{"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":"Not confirming","detail":"Market Dynamics has strengthened over four weeks, but it still lags the elevated price.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":22,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-04-03","price":43.342499}],"reversal_dangers":[{"date":"2026-04-10","price":44.327499}]}},"smTape":{"available":true,"dates":["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":[38.71,38.125,38.3425,38.76,38.2525,38.1125,38.3375,37.7325,37.8,38.3975,37.65,38.5,38.565,38.8125,39.6525,40.0725,40.1725,39.79,39.9525,40.225,41.6125,42.72,43.1,43.3325,43.91,42.0375,42.1425,42.2525,42.095,43.3425,44.3275,44.4125,43.9125,44.6825,43.7325,43.4425,44.745,44.2725,43.46,44.6475,43.4925,43.1725,43.8675,43.7225,44.1075,43.95,44.31,44.5525,44.67,45.195],"consensus":[100.0,-100.0,100.0,100.0,-76.9147,-32.8957,12.6992,-74.6102,-19.965,40.6177,-67.3594,52.1016,29.3088,48.0082,65.2053,76.7325,41.0253,0.0,29.0218,42.4961,76.1182,84.252,51.513,53.408,68.3088,-26.7341,16.5562,0.0,0.0,69.0807,62.2802,26.3531,0.0,62.6164,-21.4853,-24.1596,66.3712,-18.5383,-17.617,63.7802,-28.1898,-39.0622,20.1326,-10.4305,23.8249,13.589,35.997,36.6008,31.0759,-66.3121],"supportDates":["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":[null,null,null,null,null,-34.8853,19.4266,-64.5661,-2.434,32.1004,-56.8019,48.902,17.2817,36.2895,50.318,72.3433,34.3701,0.0,25.7742,50.854,73.1405,90.5997,36.1827,38.0982,63.345,-25.4768,23.6625,0.0,0.0,71.3673,68.2569,11.5351,0.0,71.7455,-20.0911,-17.2453,68.2414,-12.9438,-18.5851,67.8581,-24.6218,-44.2494,23.5859,-0.7025,25.5379,11.3724,30.9246,35.1387,30.4427,-68.2722],"force":[100.0,-100.0,100.0,100.0,-85.8149,-26.7619,41.0402,-96.6699,-8.4082,77.147,-90.814,67.5076,24.0969,63.6991,76.0324,83.0542,14.8975,0.0,6.1672,21.7514,87.702,84.3875,38.0182,43.572,62.3259,-91.2606,11.4899,0.0,0.0,84.3294,51.659,1.5109,0.0,52.8462,-69.2343,-60.468,88.3668,-75.1301,-25.5076,84.8001,-35.1826,-32.2598,25.0629,-13.9679,20.9003,9.3826,58.491,38.8286,26.4401,-86.1572],"direction":[null,null,null,null,-70.5574,-35.0033,15.233,-70.3323,-60.267,24.2593,-62.6719,44.754,46.7768,50.1931,74.4858,77.2332,67.2941,0.0,49.0582,47.7617,71.2472,76.9007,78.6725,77.9305,78.2553,-17.9193,12.0536,0.0,0.0,55.5756,63.0363,63.1908,0.0,59.1617,-11.0278,-6.1272,48.5227,-15.4907,-10.8745,44.1056,-27.2726,-37.9928,12.6642,-19.0214,23.956,19.1268,25.727,36.6804,35.111,-49.8968],"intensity":[null,null,null,null,25.0,20.0,33.3333,71.4286,87.5,100.0,80.0,90.9091,83.3333,23.0769,100.0,26.6667,25.0,23.5294,16.6667,26.3158,100.0,90.4762,90.9091,65.2174,41.6667,100.0,46.1538,37.037,35.7143,86.2069,93.3333,38.7097,28.125,69.697,79.4118,11.4286,88.8889,27.027,86.8421,79.4872,77.5,9.7561,50.0,2.3256,22.7273,26.6667,36.9565,10.6383,4.1667,38.7755],"confirmation":[54.6667,54.6667,54.6667,54.6667,70.3529,78.3094,30.7413,92.7006,7.585,82.2407,90.4307,85.1908,77.4032,84.0194,89.4225,92.8139,80.4332,36.9066,53.9733,80.8392,92.7562,94.868,84.3065,85.0241,89.7521,37.03,73.0353,26.0252,26.8225,90.5357,87.5149,53.4653,32.8138,87.6004,33.371,54.2763,89.8806,33.7136,73.8632,88.9881,77.2882,80.2135,74.5401,48.9271,75.5087,72.2541,80.2819,79.8024,77.8127,44.64],"persistence":[null,null,33.3333,50.0,20.0,0.0,14.2857,0.0,25.0,0.0,25.0,25.0,0.0,25.0,25.0,50.0,75.0,62.5,87.5,87.5,87.5,87.5,87.5,87.5,87.5,75.0,75.0,62.5,50.0,50.0,50.0,50.0,37.5,62.5,37.5,25.0,37.5,12.5,12.5,12.5,25.0,50.0,25.0,25.0,25.0,0.0,25.0,25.0,50.0,75.0],"assessmentRisk":[null,null,null,null,0.5035,14.8552,7.0062,12.1096,31.5308,9.0773,11.691,19.1676,31.079,11.0381,17.3681,11.4525,29.3432,48.3244,13.4604,5.7402,11.5181,7.8709,24.2422,23.2959,15.8419,22.4674,50.8547,47.21,45.5125,11.8077,18.4427,36.3744,44.7936,15.5364,20.8729,29.8177,4.0089,12.7041,9.1441,13.758,30.7682,23.2049,12.9712,36.45,20.9758,31.5218,8.6476,23.2284,18.0839,15.1625],"volumeParticipation":true,"latest":{"consensus":-66.3,"control":-68.3,"force":-86.2,"direction":-49.9,"confirmation":44.6,"persistence":75.0,"assessmentRisk":15.2,"intensity":38.8,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the Market Dynamics view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the downward Market Dynamics view stronger support.","take":"Current assessment: the visible price structure remains vulnerable until Market Dynamics changes.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-66.3","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-68.3","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-86.2","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-49.9","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"45/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"61.4","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"1.6%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"24.4","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"100%","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 upward.","series":[{"label":"Close","values":[38.71,38.125,38.3425,38.76,38.2525,38.1125,38.3375,37.7325,37.8,38.3975,37.65,38.5,38.565,38.8125,39.6525,40.0725,40.1725,39.79,39.9525,40.225,41.6125,42.72,43.1,43.3325,43.91,42.0375,42.1425,42.2525,42.095,43.3425,44.3275,44.4125,43.9125,44.6825,43.7325,43.4425,44.745,44.2725,43.46,44.6475,43.4925,43.1725,43.8675,43.7225,44.1075,43.95,44.31,44.5525,44.67,45.195],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,38.5313,38.4551,38.4337,38.3062,38.2142,38.2475,38.1389,38.2045,38.2701,38.3687,38.6021,38.8695,39.1064,39.2307,39.3619,39.5188,39.8995,40.4123,40.901,41.3431,41.8098,41.8512,41.9042,41.9675,41.9907,42.2365,42.6167,42.9432,43.1194,43.4036,43.4634,43.4596,43.6933,43.7986,43.7371,43.9026,43.828,43.7088,43.7377,43.7349,43.8027,43.8295,43.9168,44.0324,44.1483,44.3386],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,38.4095,38.4393,38.5292,38.6435,38.7568,38.8333,38.9162,39.0132,39.2057,39.466,39.7352,40.0017,40.2912,40.4205,40.5481,40.6743,40.7796,40.9694,41.2182,41.4548,41.6368,41.8624,42.001,42.1077,42.3031,42.449,42.5239,42.6812,42.7413,42.7732,42.8543,42.9186,43.0067,43.0765,43.1679,43.2705,43.3741,43.509],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,38.8939,38.9022,38.9172,38.9402,39.0152,39.3567,39.7367,40.0347,40.1647,40.3029,40.4714,41.0164,41.7818,42.4973,43.1478,43.8276,44.0348,44.2301,44.3558,44.4111,44.6574,44.9269,45.2152,45.3237,45.5154,45.5697,45.5821,45.7448,45.6925,45.474,45.3329,45.2414,45.2342,45.267,45.2844,45.304,45.2482,45.2055,45.164,45.0182,45.1773],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,37.6201,37.5014,37.5361,37.5652,37.5702,37.41,37.2411,37.1412,37.1447,37.1432,37.1249,36.87,36.5642,36.3245,36.1312,36.0172,36.2025,36.3876,36.7139,37.0882,37.3363,37.7346,38.0376,38.4638,38.8591,39.2128,39.5374,39.8319,40.3325,40.9017,41.4851,41.7646,41.8171,41.861,41.8826,41.8827,42.1298,42.3892,42.6607,43.0641,43.0902],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"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,152.7884,0.0,586.5445,228.9145,16.2842,319.5571,945.3743,526.4531,336.2369,0.0,112.1503,0.0552,0.0581,87.1184,13.7942,19.9822,42.6965,37.7861,394.3462,347.8261,11.0367,228.2306,32.7075,12.0815,0.3556,1.2214,0.0405,21.9984,94.0999,165.8344,103.3969,0.0,191.0893,0.0,0.6792,0.0,0.0,0.0,0.0,111.0752,12.2779,57.1079,410.8428],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,121.3067,121.3067,135.0,122.0347,122.8918,135.0,135.0,135.0,135.0,135.0,132.4721,132.4732,132.4744,134.3223,134.617,135.0,135.0,135.0,124.728,135.0,135.0,127.1354,128.2475,128.6553,128.6673,128.6269,128.628,128.1374,126.3002,129.8307,127.6369,127.6369,132.1193,132.1193,132.104,132.104,132.104,132.104,132.104,133.4168,133.5607,134.0187,135.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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,0.0,21.6312,64.0071,11.1506,71.3275,75.9292,80.1214,72.4225,86.5046,89.8576,77.0328,82.4812,91.6178,92.5323,100.0,97.1837,89.4676,95.392,67.5585,69.1193,70.7543,68.4132,86.9565,97.608,96.3117,89.0738,99.7572,86.5764,82.5529,97.8723,90.3013,77.7434,95.5289,73.6423,67.6498,80.6648,77.9494,84.0382,75.7653,82.2556,89.5489,93.0826,100.0],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-3.0138,-2.8403,-1.3045,-3.2258,-1.041,-0.8739,-0.8367,-2.0321,-0.9944,-0.7474,-1.6924,-1.2909,-0.6177,-0.7927,0.0,-0.3756,-1.5618,-0.701,-4.9356,-4.6981,-4.4493,-4.8055,-1.9844,-0.3764,-0.5931,-1.7618,-0.0392,-2.1644,-2.8132,-0.3452,-1.3976,-3.2071,-0.5624,-3.1347,-3.8474,-2.2996,-2.6225,-1.765,-2.1158,-1.314,-0.7739,-0.5123,0.0],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,0.0,0.8134,2.407,0.4201,2.6872,2.8606,3.5207,5.7612,6.8814,7.1481,6.1279,6.5613,7.2881,10.9889,13.9428,14.9563,15.5764,17.1168,12.1224,12.4025,12.6959,12.2758,15.6031,18.2303,18.457,17.1234,19.1772,16.6433,15.8698,18.9552,15.203,13.0887,13.7443,9.9406,9.1317,10.8885,10.522,10.4482,7.2474,6.5785,7.1618,7.4444,8.7072],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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,1.335,1.5129,1.469,1.3998,1.4285,1.4552,1.406,1.5573,1.5937,1.5568,1.5944,1.6335,1.9522,2.0023,2.0163,1.9845,2.0073,2.0082,1.9175,1.9289,1.9517,2.0068,1.9787,2.0165,1.9691,1.9962,1.9943,2.0907,2.0087,1.9488,1.8393,1.7554,1.7033,1.6824,1.6467,1.6018,1.5586],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,3.3295,3.6667,3.6128,3.5945,3.7737,5.0719,6.4839,7.4985,7.8127,8.1598,8.6255,10.6473,13.3194,15.6627,17.7008,19.5639,19.5227,19.4559,18.8527,17.9704,17.8577,17.4017,17.2428,16.3743,15.7778,14.9957,14.2028,13.819,12.4614,10.5871,8.864,7.9919,7.8507,7.8186,7.8054,7.8482,7.1376,6.4303,5.7008,4.4369,4.729],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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"]},{"key":"directional","eyebrow":"Trend quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,32.0118,32.045,31.7322,32.1371,33.1917,34.2728,34.4984,34.0859,33.7029,32.8573,32.8104,32.7668,31.5397,31.3934,30.1695,28.6784,27.8424,26.8949,26.3526,25.335,24.8898,24.5734,24.3212,24.4443],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,23.8974,35.0624,33.1798,34.7613,31.9328,28.9904,27.6723,40.6131,44.025,47.2577,50.4477,47.1141,38.2361,34.5302,34.9232,33.0718,36.6716,41.9463,42.2456,39.4401,35.5716,32.8212,31.1166,34.4136,33.0743,30.8617,37.4481,34.0504,33.1529,36.5124,36.0422,38.3139,36.7967,39.6049,38.4394,37.0468,38.847],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,18.6861,14.9872,14.1825,13.7862,16.4343,17.8379,17.0269,13.7988,12.1955,11.4912,10.3626,9.2687,19.8379,19.3542,17.8005,18.7379,16.7072,15.1622,14.717,17.9562,19.6965,18.1736,19.9511,17.6491,16.9623,22.5379,20.3908,25.5517,27.514,25.9163,26.8704,25.916,28.8496,26.9008,25.3818,24.1656,22.7934],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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"]},{"key":"momentum","eyebrow":"Momentum pressure","title":"Directional pressure and rotation","description":"Two independent momentum views show whether pressure is broadening, fading or stretched.","reason":"Selected because momentum has changed character across the latest observations.","series":[{"label":"Momentum","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,37.9258,41.6855,42.5773,40.0541,41.6365,44.2921,55.4161,61.9477,63.9018,65.0833,67.8941,52.9967,53.6114,54.2859,53.0955,60.4861,65.1547,65.5332,61.3146,65.0463,57.6567,55.5809,62.1688,58.764,53.3528,59.2578,52.3204,50.5545,54.1723,53.2961,55.3605,54.3031,56.3552,57.7322,58.4168,61.4232],"stroke":"#063b66","width":2.0},{"label":"Rotation","values":[null,null,null,null,null,null,48.4093,0.0,21.6312,64.0071,11.1506,71.3275,75.9292,80.1214,72.4225,86.5046,89.8576,77.0328,82.4812,91.6178,92.5323,100.0,97.1837,89.4676,95.3066,62.3057,64.1192,60.3925,54.3991,81.1695,96.6059,94.8216,83.4732,99.5295,69.0399,59.76,95.3383,81.1277,56.6917,92.4059,52.7685,42.0302,61.5456,31.8378,54.1243,45.0072,65.8466,79.8842,86.6857,100.0],"stroke":"#1678a7","width":1.5},{"label":"Rotation signal","values":[null,null,null,null,null,null,null,24.2047,23.3468,28.5461,32.263,48.8284,52.8024,75.7927,76.1577,79.6829,82.9282,84.465,83.1238,83.7106,88.8771,94.7167,96.572,95.5504,93.986,82.36,73.9105,62.2725,59.637,65.3204,77.3915,90.8657,91.6336,92.6081,84.0142,76.1098,74.7127,78.742,77.7192,76.7418,67.2887,62.4015,52.1148,45.1379,49.1692,43.6564,54.9927,63.5793,77.4722,88.8567],"stroke":"#b87806","width":1.4}],"guides":[{"label":"Upper zone","values":[70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0],"stroke":"#c13f3f","width":1.0,"dash":[6,5]},{"label":"Centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]},{"label":"Lower zone","values":[30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0],"stroke":"#07865c","width":1.0,"dash":[6,5]}],"dates":["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"]}]},"canonical_url":"https://sharemaestro.com/terminal/cd423359-7840-4465-8cdd-fb7575920bac/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/cd423359-7840-4465-8cdd-fb7575920bac/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/cd423359-7840-4465-8cdd-fb7575920bac/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/cd423359-7840-4465-8cdd-fb7575920bac/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/cd423359-7840-4465-8cdd-fb7575920bac/technical-pack/data.json"},"source_fingerprint":"3e233865a2d79ec32876a8d8f4386698f207394c88fb9cae4a8d5a7331bf1fb2","content_hash":"81b8412f588f27705805c73932c33b71f591e7217b1947fb58a6ca70c17157b8","citation":"Sharemaestro, DVDE Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/cd423359-7840-4465-8cdd-fb7575920bac/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."}