{"schema_version":"1.0","name":"EX60 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"d990617e-b9bd-47b1-b629-4633be95f189","symbol":"EX60","name":"ISHARES GOVGER 1-2Y UCITS ETF","exchange":"VIE","country":"AT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted 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, Strength versus the research benchmark, Range position and boundary pressure, Directional strength and control, Range pressure and compression, 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":60,"displayedObservations":60,"assetType":"ETF","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted 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 eased this week but remains positive. Underlying support has contracted 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 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Price must respond to the improvement before the downward technical state can be considered resolved.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"weakening","zone":"accumulation","zoneContext":"Price is within accumulation conditions, but the completed tape has not yet confirmed a recovery. 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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 unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 0.7% across 1 completed cases, with the largest move arriving after 4.0 weeks on average.","approach":"Avoid adding simply because price is rising. 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structure has stronger support","headline":"The gauges support the price-technical view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the downward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"negative","supportedView":"Price structure","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":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-59.9","detail":"Price structure has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-64.5","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-70.2","detail":"Downward commitment","tone":"negative"},{"label":"SM 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and its trend references are aligned downward.","series":[{"label":"Close","values":[80.77,80.65,80.75,80.66,80.72,80.8,80.71,80.52,80.57,80.71,80.52,80.53,80.55,80.58,80.72,80.82,80.74,80.79,80.79,80.77,80.56,80.56,80.5,80.44,80.48,80.49,80.52,80.72,80.64,80.65,80.77,80.81,80.88,80.57,80.67,80.25,80.15,79.8,79.8,79.99,80.02,80.3,80.14,80.09,80.17,79.7,79.87,80.06,79.86,80.0,80.01,80.22,80.24,80.1,79.96,79.93,79.99,80.13,80.09,79.73],"stroke":"#10243b","width":2.1},{"label":"Fast 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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,8.1078,21.622,59.4592,8.1078,10.811,16.2174,24.3252,62.1625,86.8415,56.8179,68.1822,68.1822,63.6358,15.909,15.909,2.2732,12.4999,19.643,21.4278,26.7848,62.5,48.2138,50.0001,71.4279,78.571,91.0708,35.7139,53.5708,6.8497,3.7036,0.0,7.3774,22.9507,25.4097,48.3609,36.1344,31.9324,38.6553,0.0,16.2605,31.7072,15.4473,26.8293,27.6425,44.7155,46.3413,34.9592,23.5772,21.1383,26.0162,37.3982,34.1461,6.0005],"stroke":"#10243b","width":2.0},{"label":"From 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EX60 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/d990617e-b9bd-47b1-b629-4633be95f189/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. 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