{"schema_version":"1.0","name":"ITLC34 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"dbacc07e-c090-448b-8476-08c10dd9a40b","symbol":"ITLC34","name":"Intel Corporation","exchange":"SAO","country":"BR","asset_type":"equity","currency":"BRL","sector":"Technology","industry":"Semiconductors"},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","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, Drawdown and recovery pressure, Acceleration, deceleration and rollover, Directional strength and control, Activity pressure and cumulative balance."},{"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":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","evidenceAlignment":{"status":"Price ahead of underlying support","headline":"The upward price response is leading Market Dynamics","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","take":"Treat the gap as an early-downside risk watch. Stronger Market Dynamics would confirm the price move; a weaker price response would confirm that the gap is closing through 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record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.3,"sample":22},{"week":2,"averageReturn":2.6,"sample":22},{"week":3,"averageReturn":4.7,"sample":22},{"week":4,"averageReturn":3.7,"sample":22},{"week":5,"averageReturn":3.7,"sample":22},{"week":6,"averageReturn":4.4,"sample":21},{"week":7,"averageReturn":7.5,"sample":21},{"week":8,"averageReturn":9.7,"sample":21},{"week":9,"averageReturn":11.7,"sample":21},{"week":10,"averageReturn":11.7,"sample":21},{"week":11,"averageReturn":15.8,"sample":20},{"week":12,"averageReturn":20.6,"sample":20},{"week":13,"averageReturn":17.2,"sample":20},{"week":14,"averageReturn":20.0,"sample":20},{"week":15,"averageReturn":21.0,"sample":20},{"week":16,"averageReturn":21.1,"sample":20},{"week":17,"averageReturn":25.4,"sample":20},{"week":18,"averageReturn":30.0,"sample":20},{"week":19,"averageReturn":31.0,"sample":20},{"week":20,"averageReturn":28.7,"sample":20},{"week":21,"averageReturn":32.0,"sample":20},{"week":22,"averageReturn":30.7,"sample":20},{"week":23,"averageReturn":29.0,"sample":20},{"week":24,"averageReturn":35.9,"sample":20},{"week":25,"averageReturn":41.6,"sample":20},{"week":26,"averageReturn":39.4,"sample":20}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-29.9,"medianReturn":-29.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-5.4,"sample":1},{"week":2,"averageReturn":-9.3,"sample":1},{"week":3,"averageReturn":-18.8,"sample":1},{"week":4,"averageReturn":-29.9,"sample":1},{"week":5,"averageReturn":-32.9,"sample":1},{"week":6,"averageReturn":-34.1,"sample":1},{"week":7,"averageReturn":-25.9,"sample":1},{"week":8,"averageReturn":-22.7,"sample":1},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Price ahead of underlying support","tone":"caution","headline":"Price is leading its underlying support","use":"Market Dynamics must catch up or price may correct toward the weaker underlying position.","confirm":"Treat the gap as an early-downside risk watch. Stronger Market Dynamics would confirm the price move; a weaker price response would confirm that the gap is closing through correction.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":58.8,"averageReturn":11.0,"sample":17},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"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."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 58.8% of comparable cases moved lower after 12 weeks, with an average move of 11.0% across 17 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 75.0% of completed 12-week outcomes were higher across 4 cases. Distinct visits lasted 22.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. 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 16.3% across 17 completed cases, with the largest move arriving after 7.1 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2025-10-03","price":32.939999},{"date":"2025-11-28","price":36.130001}],"distribution_rollovers":[{"date":"2026-07-10","price":94.0}],"price_pressure_gaps":[{"date":"2026-06-19","price":115.800003}]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","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"],"close":[18.69,20.53,17.67,18.23,20.09,21.7,20.74,22.24,21.73,21.6,22.67,25.0,24.27,23.75,24.1,21.26,20.88,19.69,20.94,20.94,19.55,21.63,20.42,18.82,18.44,22.26,23.87,23.23,19.74,22.88,23.21,21.7,19.26,19.1,18.3,19.05,19.55,20.2,20.48,18.91,18.73,18.65,18.82,19.34,20.61,20.49,21.79,21.67,19.56,17.94,18.01,22.28,22.49,22.13,21.9,21.4,26.26,31.19,32.94,33.33,33.41,34.65,35.87,33.79,31.53,30.98,36.13,37.88,34.17,34.4,33.84,35.43,41.27,42.33,39.64,40.57,43.5,40.48,38.2,38.75,38.45,40.4,38.68,37.41,43.46,52.11,56.67,68.6,77.5,101.62,90.81,100.61,98.49,84.72,106.87,115.8,109.5,105.05,94.0,81.13,77.71,76.3,85.8,89.53],"consensus":[-45.3083,0.0,-64.4587,-17.7649,13.9734,25.2844,-17.054,38.7575,0.0,0.0,35.5113,59.3443,14.4806,15.1484,25.4828,-49.4655,-19.4807,-40.2799,0.0,0.0,-41.5968,36.8249,-30.4077,-50.4128,-32.4959,45.5176,47.8673,22.1846,-29.1362,43.6031,11.0975,-24.6882,-47.4235,-24.3612,-44.9004,-12.7759,0.0,19.533,0.0,-35.1544,-24.099,-20.9692,-17.09,0.0,38.031,13.4434,51.4499,26.7531,-40.3374,-53.8203,-28.9273,54.6979,30.7135,10.4191,19.2527,-12.5505,66.7527,79.5997,71.1548,41.9833,42.365,51.9677,47.5736,0.0,-13.951,0.0,61.5215,52.2807,-9.8503,27.8049,0.0,24.3787,68.7749,48.6558,0.0,33.7633,50.3453,-13.7282,-18.6921,0.0,-10.9348,25.1425,-17.0257,-25.7367,54.9705,73.0868,69.9341,82.5604,81.485,89.9609,0.0,77.4304,24.8742,-17.5743,72.543,62.9829,22.7476,19.0385,0.0,-55.4181,-49.4975,-34.3609,21.6182,23.4327],"supportDates":["2025-08-22","2025-08-29","2025-09-05","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"],"control":[23.6739,0.1286,11.2335,-16.5162,58.1173,78.9218,67.5957,32.8724,36.493,45.9687,42.9877,0.0,-16.0573,0.0,69.877,56.1632,-25.8944,27.4378,0.0,40.9903,75.0503,44.6108,0.0,28.2151,56.668,-14.2732,-20.726,0.0,-2.7849,31.4182,-22.1617,-27.765,55.1149,75.5276,70.5692,83.4389,80.1957,91.5474,0.0,78.6653,7.261,-21.2484,83.9256,68.6863,11.3602,2.843,0.0,-46.3342,-42.2116,-24.2004,29.197,24.4737],"force":[21.6355,18.036,4.5764,-29.485,90.0397,94.2243,75.7067,15.2473,13.3915,42.2032,31.9616,0.0,-46.1698,0.0,78.5228,38.8597,-45.3984,18.3895,0.0,20.0461,72.4555,39.6598,0.0,26.6949,47.7614,-47.8041,-33.1278,0.0,-14.6552,33.733,-33.0265,-33.2804,74.7666,87.5545,75.3308,95.3116,90.5754,97.5437,0.0,75.4934,16.0928,-64.3647,59.9591,43.4358,16.0732,12.5783,0.0,-85.9587,-59.7734,-25.1979,68.7719,34.1329],"direction":[45.243,42.7987,38.9005,-4.0777,59.9882,69.9283,71.971,71.4929,69.7713,65.7982,63.9661,0.0,-11.4695,0.0,39.8285,57.4301,-33.8774,34.9497,0.0,8.4887,58.9738,59.7044,0.0,45.1531,44.965,-11.2348,-6.0563,0.0,-17.5916,11.8343,-0.2733,-18.0305,40.6653,59.9631,65.3534,72.4484,76.4653,82.7315,0.0,77.4028,74.2657,-20.0465,68.5229,70.427,63.491,60.1311,0.0,-43.985,-50.4842,-52.518,20.7246,14.6],"intensity":[76.9231,28.8462,32.6923,9.6154,100.0,98.0769,90.3846,78.8462,26.9231,61.5385,59.6154,63.4615,75.0,80.7692,98.0769,88.4615,86.5385,76.9231,11.5385,48.0769,98.0769,90.3846,69.2308,96.1538,65.3846,67.3077,84.6154,7.6923,1.9231,51.9231,51.9231,48.0769,98.0769,100.0,98.0769,100.0,100.0,100.0,94.2308,92.3077,94.2308,98.0769,98.0769,96.1538,78.8462,65.3846,96.1538,92.3077,48.0769,80.7692,76.9231,73.0769],"confirmation":[77.6589,6.5028,51.1691,50.6751,90.2021,93.9279,90.9625,80.7587,80.7633,84.4235,82.8176,8.6374,30.5276,25.4974,88.0777,84.2616,33.8848,76.6162,24.5909,75.416,90.0245,83.3573,34.1037,78.6734,83.9354,30.4866,51.7237,48.103,49.07,76.2118,51.2492,76.4347,86.1917,91.7915,90.5337,94.7945,94.3719,96.9944,40.215,92.6999,10.4127,33.937,90.6568,87.4719,32.3653,8.0589,26.87,86.803,84.2634,78.8711,35.3273,44.64],"persistence":[25.0,25.0,25.0,0.0,25.0,50.0,75.0,75.0,75.0,75.0,75.0,87.5,62.5,50.0,50.0,50.0,25.0,25.0,12.5,25.0,50.0,62.5,50.0,50.0,75.0,50.0,37.5,25.0,0.0,0.0,12.5,37.5,37.5,12.5,12.5,25.0,50.0,50.0,62.5,87.5,87.5,62.5,62.5,62.5,62.5,62.5,62.5,37.5,12.5,12.5,12.5,12.5],"assessmentRisk":[32.8267,44.4523,39.8606,20.234,14.6031,10.1664,14.4168,29.0057,28.6397,20.5243,21.6684,7.7423,28.6905,45.0382,25.3927,20.7111,42.5366,30.2663,38.1986,53.1281,15.1846,25.4465,49.179,30.8242,8.5609,22.1319,13.7016,32.9302,42.7179,14.2902,18.3854,12.2406,19.5791,13.3703,15.0299,8.7197,9.2575,5.0194,48.6432,11.2471,36.9464,38.3889,8.9512,13.1411,26.8602,37.8613,36.5152,21.8755,24.6676,31.9459,43.6604,22.3581],"volumeParticipation":true,"latest":{"consensus":23.4,"control":24.5,"force":34.1,"direction":14.6,"confirmation":44.6,"persistence":12.5,"assessmentRisk":22.4,"intensity":73.1,"evidenceDepth":100},"analysis":{"status":"Price structure has stronger support","headline":"The gauges support the price-technical view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the upward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"positive","supportedView":"Price structure","direction":"upward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is easing","forceState":"Upward commitment","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+23.4","detail":"Price structure has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+24.5","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+34.1","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+14.6","detail":"Upward follow-through","tone":"positive"},{"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":"57.2","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"12.6%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"39.8","detail":"Directional","tone":"positive"},{"label":"Range position","value":"67%","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 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