{"schema_version":"1.0","name":"0090B0 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"dd755a1b-af15-4ca0-9676-0face051383f","symbol":"0090B0","name":"Hanwha PLUS Korea Defense Components Manufacturing ETF","exchange":"KSC","country":"KR","asset_type":"etf","currency":"KRW","sector":null,"industry":null},"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, Acceleration, deceleration and rollover, Drawdown and recovery pressure, Activity pressure and cumulative balance, Range pressure and compression, Directional strength and control."},{"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":52,"displayedObservations":52,"assetType":"ETF","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":["2026-03-13","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"],"values":[0.856685,0.973269,0.790949,0.661066,0.789611,1.103436,1.426386,1.626416,1.52057,1.224494,0.883029,0.291749,-0.237321,-0.665733,-1.084639,-1.256534,-1.286943,-1.300747,-1.293612,-1.257706,-1.212214,-1.206079,-1.157635,-1.153104],"opens":[11844.571315,11356.442689,10584.404682,10360.264099,11475.985009,12282.889348,13931.566042,14927.745238,14695.0,13645.0,11995.0,12635.0,9780.0,9560.0,9705.0,7975.0,8050.0,7480.0,7910.0,7005.0,7195.0,6160.0,7100.0,7335.0],"highs":[12093.616128,11675.220028,11276.748472,11500.888733,12223.119265,13732.330139,15390.968565,15012.42047,14715.0,13795.0,12675.0,12775.0,9780.0,9800.0,9705.0,7975.0,8135.0,7830.0,8040.0,7480.0,7195.0,7100.0,7535.0,7355.0],"lows":[10918.123964,10629.232478,10190.913862,9877.116639,10559.499693,12013.920968,13747.272891,14115.859673,13380.0,11795.0,11230.0,10525.0,9270.0,9265.0,9025.0,7295.0,7560.0,7480.0,6770.0,6475.0,5390.0,5985.0,7035.0,6405.0],"closes":[11296.672852,10753.754883,10624.250977,11466.022461,12153.386719,13697.463867,14788.280273,14440.0,13640.0,11965.0,12500.0,10825.0,9570.0,9665.0,9275.0,7325.0,8095.0,7830.0,7105.0,7240.0,6235.0,6930.0,7415.0,6445.0],"hoverRows":[[{"label":"Open","value":"11,845","className":"is-ohlc","compact":true},{"label":"High","value":"12,094","className":"is-ohlc","compact":true},{"label":"Low","value":"10,918","className":"is-ohlc","compact":true},{"label":"Close","value":"11,297","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.86","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11,356","className":"is-ohlc","compact":true},{"label":"High","value":"11,675","className":"is-ohlc","compact":true},{"label":"Low","value":"10,629","className":"is-ohlc","compact":true},{"label":"Close","value":"10,754","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.97","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10,584","className":"is-ohlc","compact":true},{"label":"High","value":"11,277","className":"is-ohlc","compact":true},{"label":"Low","value":"10,191","className":"is-ohlc","compact":true},{"label":"Close","value":"10,624","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.79","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"10,360","className":"is-ohlc","compact":true},{"label":"High","value":"11,501","className":"is-ohlc","compact":true},{"label":"Low","value":"9,877","className":"is-ohlc","compact":true},{"label":"Close","value":"11,466","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.66","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11,476","className":"is-ohlc","compact":true},{"label":"High","value":"12,223","className":"is-ohlc","compact":true},{"label":"Low","value":"10,559","className":"is-ohlc","compact":true},{"label":"Close","value":"12,153","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.79","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12,283","className":"is-ohlc","compact":true},{"label":"High","value":"13,732","className":"is-ohlc","compact":true},{"label":"Low","value":"12,014","className":"is-ohlc","compact":true},{"label":"Close","value":"13,697","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.10","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13,932","className":"is-ohlc","compact":true},{"label":"High","value":"15,391","className":"is-ohlc","compact":true},{"label":"Low","value":"13,747","className":"is-ohlc","compact":true},{"label":"Close","value":"14,788","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.43","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"14,928","className":"is-ohlc","compact":true},{"label":"High","value":"15,012","className":"is-ohlc","compact":true},{"label":"Low","value":"14,116","className":"is-ohlc","compact":true},{"label":"Close","value":"14,440","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.63","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"14,695","className":"is-ohlc","compact":true},{"label":"High","value":"14,715","className":"is-ohlc","compact":true},{"label":"Low","value":"13,380","className":"is-ohlc","compact":true},{"label":"Close","value":"13,640","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.52","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13,645","className":"is-ohlc","compact":true},{"label":"High","value":"13,795","className":"is-ohlc","compact":true},{"label":"Low","value":"11,795","className":"is-ohlc","compact":true},{"label":"Close","value":"11,965","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"1.22","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11,995","className":"is-ohlc","compact":true},{"label":"High","value":"12,675","className":"is-ohlc","compact":true},{"label":"Low","value":"11,230","className":"is-ohlc","compact":true},{"label":"Close","value":"12,500","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.88","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12,635","className":"is-ohlc","compact":true},{"label":"High","value":"12,775","className":"is-ohlc","compact":true},{"label":"Low","value":"10,525","className":"is-ohlc","compact":true},{"label":"Close","value":"10,825","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":"9,780","className":"is-ohlc","compact":true},{"label":"High","value":"9,780","className":"is-ohlc","compact":true},{"label":"Low","value":"9,270","className":"is-ohlc","compact":true},{"label":"Close","value":"9,570","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.24","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9,560","className":"is-ohlc","compact":true},{"label":"High","value":"9,800","className":"is-ohlc","compact":true},{"label":"Low","value":"9,265","className":"is-ohlc","compact":true},{"label":"Close","value":"9,665","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.67","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"9,705","className":"is-ohlc","compact":true},{"label":"High","value":"9,705","className":"is-ohlc","compact":true},{"label":"Low","value":"9,025","className":"is-ohlc","compact":true},{"label":"Close","value":"9,275","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.08","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7,975","className":"is-ohlc","compact":true},{"label":"High","value":"7,975","className":"is-ohlc","compact":true},{"label":"Low","value":"7,295","className":"is-ohlc","compact":true},{"label":"Close","value":"7,325","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.26","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"8,050","className":"is-ohlc","compact":true},{"label":"High","value":"8,135","className":"is-ohlc","compact":true},{"label":"Low","value":"7,560","className":"is-ohlc","compact":true},{"label":"Close","value":"8,095","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.29","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7,480","className":"is-ohlc","compact":true},{"label":"High","value":"7,830","className":"is-ohlc","compact":true},{"label":"Low","value":"7,480","className":"is-ohlc","compact":true},{"label":"Close","value":"7,830","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.30","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7,910","className":"is-ohlc","compact":true},{"label":"High","value":"8,040","className":"is-ohlc","compact":true},{"label":"Low","value":"6,770","className":"is-ohlc","compact":true},{"label":"Close","value":"7,105","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.29","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7,005","className":"is-ohlc","compact":true},{"label":"High","value":"7,480","className":"is-ohlc","compact":true},{"label":"Low","value":"6,475","className":"is-ohlc","compact":true},{"label":"Close","value":"7,240","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.26","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7,195","className":"is-ohlc","compact":true},{"label":"High","value":"7,195","className":"is-ohlc","compact":true},{"label":"Low","value":"5,390","className":"is-ohlc","compact":true},{"label":"Close","value":"6,235","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.21","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"6,160","className":"is-ohlc","compact":true},{"label":"High","value":"7,100","className":"is-ohlc","compact":true},{"label":"Low","value":"5,985","className":"is-ohlc","compact":true},{"label":"Close","value":"6,930","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.21","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7,100","className":"is-ohlc","compact":true},{"label":"High","value":"7,535","className":"is-ohlc","compact":true},{"label":"Low","value":"7,035","className":"is-ohlc","compact":true},{"label":"Close","value":"7,415","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.16","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"7,335","className":"is-ohlc","compact":true},{"label":"High","value":"7,355","className":"is-ohlc","compact":true},{"label":"Low","value":"6,405","className":"is-ohlc","compact":true},{"label":"Close","value":"6,445","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.15","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":[5721.803184,15301.477089],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-1.153104,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","latestDirection":"slight strengthening","fourWeekDirection":"strengthening","now":{"label":"Slightly 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":"Accumulation repair watch","detail":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","tone":"caution"},"chartSummary":"Price is in the accumulation zone. The Market Dynamics bars show whether underlying conditions are repairing or continuing to weaken.","summary":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","annotations":[{"label":"Current tape relationship","value":"Accumulation repair watch","detail":"Market Dynamics improved this week but remains below zero.","tone":"caution"},{"label":"Price location","value":"Accumulation zone","detail":"Price is being tested for a confirmed recovery through the lower zone.","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":"Repairing","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":24,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-04-24","price":14788.280273}],"reversal_dangers":[{"date":"2026-05-01","price":14440.0}]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[11135.1875,11612.8369,12085.5107,12219.8496,11573.0332,11836.7344,11493.4248,10567.9805,11269.5264,10567.9805,9533.0742,9358.9316,8642.458,8667.3359,8965.8672,9592.7803,9403.7109,9199.7148,9513.5117,10848.3916,10549.5381,10395.1299,11022.7227,9867.1553,10883.2578,11720.0488,11117.3604,11570.6221,11296.6729,10753.7549,10624.251,11466.0225,12153.3867,13697.4639,14788.2803,14440.0,13640.0,11965.0,12500.0,10825.0,9570.0,9665.0,9275.0,7325.0,8095.0,7830.0,7105.0,7240.0,6235.0,6930.0,7415.0,6445.0],"consensus":[87.0968,32.4138,70.6294,-13.7524,0.0,20.3334,-16.2911,-60.122,13.0039,-56.4239,-68.0985,-55.0113,-69.786,-38.2413,-14.0409,15.6808,-11.6529,-23.9705,14.7838,65.0954,0.0,0.0,56.0774,-44.1192,51.7719,62.8381,-15.5006,36.0902,0.0,-29.5806,-10.5082,39.2255,53.2161,75.6267,68.4553,21.7034,0.0,-47.0369,9.7442,-54.8595,-46.9142,-27.0861,-47.0112,-70.2211,-17.6805,-27.2955,-59.3521,-19.0372,-60.6194,-10.8828,0.0,-58.1819],"supportDates":["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","2026-08-21"],"control":[null,null,null,null,null,21.723,-13.036,-58.2753,22.4315,-55.2772,-65.9613,-57.8472,-73.1536,-26.56,-1.6443,20.3412,-22.5271,-38.6439,15.8613,59.3602,0.0,0.0,47.7478,-37.4248,55.1912,63.0053,-17.1883,16.2533,0.0,-25.2336,-7.5173,42.8746,46.2908,75.8084,62.6528,15.5468,0.0,-43.1382,22.2875,-54.0086,-45.5738,-16.7994,-46.3427,-80.3472,-1.1957,-11.7263,-60.5776,-15.4316,-55.8484,-3.4602,0.0,-67.1982],"force":[87.0968,32.4138,70.6294,-13.7524,0.0,14.0197,-19.1852,-61.5683,36.3428,-59.6202,-65.8167,-30.0013,-54.9631,-6.9828,-21.8147,47.6092,-2.2584,-17.0594,32.194,94.9518,0.0,0.0,75.2179,-85.4804,72.6303,71.5204,-72.7302,50.9107,0.0,-61.9067,-15.4621,62.6688,78.5948,94.0685,79.7112,28.3935,0.0,-84.9582,22.6243,-66.2979,-32.6244,-0.7621,-28.2002,-54.8262,-18.3727,-0.4582,-46.7482,-13.7185,-61.0334,-24.6548,0.0,-53.7893],"direction":[null,null,null,null,0.0,23.2552,-17.944,-61.1995,14.4412,-55.4513,-72.1708,-69.6345,-76.5252,-73.919,-57.578,12.4513,-5.9355,-12.1375,1.1164,50.3238,0.0,0.0,51.925,-22.2261,32.9652,56.4455,-27.3065,48.175,0.0,-11.4586,-10.388,18.3098,43.0031,62.2464,67.0468,64.5229,0.0,-24.406,13.7909,-47.6616,-58.653,-57.6451,-61.2117,-69.6447,-62.2726,-64.2583,-66.9544,-46.5547,-65.7764,-52.6588,0.0,-51.0152],"intensity":[null,null,null,null,75.0,20.0,33.3333,100.0,75.0,77.7778,100.0,90.9091,66.6667,61.5385,14.2857,46.6667,6.25,11.7647,27.7778,100.0,85.0,28.5714,45.4545,91.3043,83.3333,72.0,38.4615,96.2963,85.7143,31.0345,26.6667,64.5161,56.25,100.0,100.0,22.8571,61.1111,97.2973,81.5789,97.4359,100.0,2.439,23.8095,97.6744,52.2727,13.3333,50.0,34.0426,77.0833,42.8571,74.0,68.6275],"confirmation":[50.5376,33.0391,45.2681,27.0674,8.6528,74.2931,73.351,87.3113,30.4763,86.1705,89.7545,84.7982,89.8285,56.7959,8.6439,31.2429,25.9436,75.2363,50.5783,89.8278,33.2763,5.8323,86.655,83.4807,85.1506,88.3703,35.1707,80.3028,6.9803,78.5172,48.8925,81.211,85.9081,92.7598,90.3372,34.2361,33.2597,84.2669,28.9283,85.9166,82.5975,53.3554,82.4805,89.8473,8.7297,53.4872,86.5899,30.7418,87.4835,8.6159,5.9224,94.347],"persistence":[null,null,100.0,50.0,40.0,50.0,28.5714,12.5,12.5,12.5,37.5,37.5,50.0,75.0,75.0,50.0,75.0,75.0,50.0,25.0,12.5,0.0,25.0,0.0,25.0,50.0,25.0,25.0,25.0,12.5,12.5,12.5,12.5,12.5,37.5,37.5,37.5,37.5,62.5,37.5,12.5,12.5,37.5,62.5,75.0,75.0,100.0,100.0,100.0,100.0,87.5,87.5],"assessmentRisk":[null,null,null,null,35.5824,14.4884,36.2574,19.7672,31.589,20.6734,15.788,20.9457,15.0957,30.768,31.9095,11.8887,49.847,49.8244,30.9108,15.1299,48.0432,44.4207,21.3578,24.1118,2.5365,17.0368,14.7188,31.3029,27.2188,29.3526,25.3083,26.8321,16.5754,12.1491,15.7704,39.0974,45.8896,24.6347,54.3991,22.5164,26.5131,35.4435,26.3366,14.7038,34.6356,33.1753,19.3944,4.4345,18.5276,32.4967,17.7187,7.5528],"volumeParticipation":true,"latest":{"consensus":-58.2,"control":-67.2,"force":-53.8,"direction":-51.0,"confirmation":94.3,"persistence":87.5,"assessmentRisk":7.6,"intensity":68.6,"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 strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-58.2","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-67.2","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-53.8","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-51.0","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"94/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"36.3","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"18.4%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"35.0","detail":"Directional","tone":"positive"},{"label":"Range position","value":"11%","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":[11135.1875,11612.8369,12085.5107,12219.8496,11573.0332,11836.7344,11493.4248,10567.9805,11269.5264,10567.9805,9533.0742,9358.9316,8642.458,8667.3359,8965.8672,9592.7803,9403.7109,9199.7148,9513.5117,10848.3916,10549.5381,10395.1299,11022.7227,9867.1553,10883.2578,11720.0488,11117.3604,11570.6221,11296.6729,10753.7549,10624.251,11466.0225,12153.3867,13697.4639,14788.2803,14440.0,13640.0,11965.0,12500.0,10825.0,9570.0,9665.0,9275.0,7325.0,8095.0,7830.0,7105.0,7240.0,6235.0,6930.0,7415.0,6445.0],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,11539.3831,11593.447,11575.2611,11392.1192,11369.8296,11224.0388,10916.5907,10633.38,10271.3942,9979.7472,9795.4054,9758.5645,9694.0456,9604.1673,9587.6845,9816.904,9950.1102,10031.0228,10211.3319,10148.7543,10282.3004,10543.7092,10648.0094,10815.7572,10903.1964,10876.0252,10830.2481,10945.8434,11165.3967,11625.7726,12200.774,12607.906,12795.5594,12644.5486,12618.2671,12292.2185,11797.2697,11409.5843,11021.4781,10349.3911,9939.5018,9555.9561,9110.3277,8770.2681,8309.3103,8058.5266,7941.5217,7669.4269],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,10824.8742,10665.0565,10539.1907,10469.0862,10390.1695,10301.9877,10243.5821,10288.3828,10307.7276,10314.2018,10366.6849,10329.6827,10370.6882,10470.6409,10518.546,10596.4776,10648.3439,10656.1521,10653.7891,10713.9545,10820.5791,11033.6817,11311.8001,11543.5186,11698.8135,11718.531,11776.4176,11705.9423,11547.7243,11408.2633,11250.2438,10959.485,10747.3009,10531.2045,10277.4116,10052.4181,9769.6464,9559.3022,9400.465,9181.5417],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,12508.6497,12760.827,12883.271,13069.7128,13131.7774,13099.1971,13008.6054,12930.0344,12863.4782,12785.3913,12756.7179,12704.7894,12573.9291,12398.3433,12086.6965,11972.3373,11945.4393,11876.4869,12030.9863,12035.6271,12055.0664,12098.8866,12239.448,12416.8571,12947.5482,13713.1749,14253.3208,14507.4844,14464.3441,14466.5512,14466.9875,14537.1063,14585.5457,14671.6193,14995.301,15144.8743,15235.4478,15394.0825,15444.2175,15565.7815,15597.6996,15576.1733,15510.576],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,10363.7632,9765.5619,9325.7407,8760.5223,8377.3461,8171.4338,8131.7086,8073.0506,7994.9593,7976.656,8052.0662,8045.4297,8054.5193,8123.8263,8200.2037,8245.5853,8260.8148,8292.1607,8237.9255,8235.9994,8235.1375,8300.435,8370.5827,8544.2665,8516.5881,8333.2027,8277.7788,8447.2441,8766.9129,9063.3547,9060.5792,8892.5065,8771.0542,8510.2083,7932.3112,7503.912,7024.3336,6464.4629,5981.2657,5353.5344,4939.2409,4639.8421,4203.3371],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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","2026-08-21"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,-413.2487,-521.7833,-577.0568,-563.776,-562.0284,-570.5275,-545.6524,-413.459,-329.017,-271.4268,-173.1486,-186.3589,-113.5284,11.5788,61.3876,135.8696,170.8226,152.9511,126.8753,172.1496,260.4915,449.911,680.2061,825.102,865.4039,753.4991,699.9156,516.3397,266.5142,75.3232,-106.4398,-403.1893,-569.6661,-714.7443,-878.0991,-985.3076,-1138.2452,-1189.655,-1177.6866,-1232.2677],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-499.1704,-513.4418,-519.8839,-498.599,-464.6826,-426.0314,-375.4548,-337.6357,-292.8142,-231.9356,-173.271,-111.4429,-54.9898,-13.4016,14.6538,46.153,89.0207,161.1987,265.0002,377.0206,474.6972,530.4576,564.3492,554.7473,497.1007,412.7452,308.9082,166.4887,19.2577,-127.5427,-277.654,-419.1847,-562.9968,-688.3284,-786.2001,-875.4136],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-62.858,-57.0857,-25.7685,85.14,135.6656,154.6047,202.3062,151.2768,179.2858,243.5144,234.6586,247.3125,225.8124,166.3527,112.2215,125.9966,171.4709,288.7123,415.2059,448.0814,390.7067,223.0415,135.5664,-38.4076,-230.5864,-337.422,-415.348,-569.678,-588.9238,-587.2016,-600.4452,-566.1229,-575.2484,-501.3266,-391.4866,-356.8541],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","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 central to the tape.","series":[{"label":"Drawdown","values":[0.0,0.0,0.0,0.0,-5.2932,-3.1352,-5.9446,-13.5179,-7.7769,-13.5179,-21.987,-23.4121,-29.2753,-29.0717,-26.6287,-21.4984,-23.0456,-24.715,-22.1471,-11.2232,-13.6688,-14.9324,-9.7966,-19.2531,-10.9379,-4.0901,-9.0221,-5.3129,-7.5547,-11.9976,-13.0574,-6.1689,-0.5439,0.0,0.0,-2.3551,-7.7648,-19.0913,-15.4736,-26.8001,-35.2866,-34.6442,-37.2814,-50.4675,-45.2607,-47.0527,-51.9552,-51.0423,-57.8382,-53.1386,-49.8589,-56.4182],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.0,6.6384,0.0,0.0,0.0,0.0,0.2879,3.7421,10.996,8.8083,6.4479,10.0788,25.5244,22.0664,20.2798,27.5415,14.1707,25.9278,35.6101,28.6366,33.8811,30.7113,24.4294,22.9309,32.6708,40.6242,58.4904,71.112,67.0821,57.8255,38.4444,44.2196,20.7357,4.025,5.0576,0.8183,0.0,10.5119,6.8942,0.0,1.9001,0.0,11.1468,18.9254,3.3681],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","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,54.1947,48.3463,45.3878,38.9712,22.6284,26.018,12.0127,28.5576,33.5431,22.0176,22.0572,9.5977,124.3277,190.4759,147.428,139.9501,154.7745,98.6058,104.9567,221.4662,493.9595,185.3393,123.1298,138.7088,130.6081,256.6003,231.2575,333.4118,209.154,69.6044,88.2328,52.5335,42.5003,3.7843,9.2572,26.9733,8.8519,7.0429,2.5026,50.5927,68.188,96.2519,17.5932,47.0423,37.7187],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,124.7515,128.2977,125.159,122.6191,121.2412,119.7489,120.3942,121.8538,123.4955,122.468,121.4838,121.8916,127.2426,119.4362,113.971,118.7397,113.9418,116.8301,119.928,112.8715,132.3845,124.6774,119.4272,113.2613,119.3765,132.9394,135.0,135.0,126.8903,124.1126,120.4517,122.6847,120.8969,120.7448,121.1059,120.0718,119.7416,120.0001,119.9101,118.1335,120.2688,117.2966,117.8215,119.1846,118.1293],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","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,9.7425,9.1457,8.4709,8.5002,8.6205,8.01,7.4639,7.7779,7.9149,7.5218,9.0536,8.2987,7.8024,8.2235,9.0496,9.3503,9.8155,9.9555,9.5773,9.368,8.6143,8.227,8.2671,8.8259,10.5367,10.1911,12.4121,14.1976,13.4493,13.5374,17.8476,15.7111,15.6436,17.2853,16.7428,20.1723,18.0021,16.2056,18.4323],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,18.7552,26.5934,32.0368,39.4791,44.2085,46.334,46.1384,46.2502,46.6815,46.3224,45.2179,44.909,43.8173,41.6576,38.3153,36.8658,36.4701,35.5435,37.4274,37.4872,37.6529,37.241,37.5435,36.9502,41.2871,48.806,53.0426,52.8017,49.0497,45.9262,45.9581,48.1835,49.7889,53.1572,61.6112,67.4735,73.7753,81.7037,88.3336,97.6346,103.7979,108.1947,114.7133],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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","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,35.9077,33.7949,31.8329,30.3641,29.5032,29.0402,27.5115,26.6892,27.1634,27.6038,27.0988,25.2639,24.0202,23.3964,23.6279,23.8221,24.154,25.3955,26.3677,27.3119,28.549,29.8401,31.515,33.0702,33.9136,35.0072],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,5.4533,6.4281,11.9276,11.704,12.2535,11.8416,22.5634,24.6643,22.8405,23.2783,20.0613,18.4255,24.0574,23.7062,19.2196,17.6919,16.4396,15.2341,13.6251,16.7341,24.1294,31.4683,29.7801,27.4213,24.314,22.344,19.6714,18.0633,17.6422,16.9597,15.125,15.3355,14.7855,13.6934,12.8825,11.529,10.793,12.9906,12.2017],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,24.4768,23.4053,21.9313,20.7027,19.376,18.7247,16.3634,14.994,16.1339,14.8669,21.0563,19.3394,17.7367,16.4736,21.8163,20.0821,20.6156,22.0639,21.7746,19.502,17.4733,15.736,14.8918,18.0783,25.0099,26.1516,26.7714,31.1806,30.2639,30.4585,36.6156,34.9499,34.163,35.769,35.3891,37.8328,35.4176,34.1439,35.8584],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/dd755a1b-af15-4ca0-9676-0face051383f/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/dd755a1b-af15-4ca0-9676-0face051383f/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/dd755a1b-af15-4ca0-9676-0face051383f/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/dd755a1b-af15-4ca0-9676-0face051383f/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/dd755a1b-af15-4ca0-9676-0face051383f/technical-pack/data.json"},"source_fingerprint":"279559beb865e5f02071bbd6ac767c6613abf46a472d4e8227e0e580b4322f5a","content_hash":"a09ce7b4c73870a29142420e70216cd7cc10411a24af1bf8daf82d00555bc828","citation":"Sharemaestro, 0090B0 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/dd755a1b-af15-4ca0-9676-0face051383f/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."}