{"schema_version":"1.0","name":"ILLU Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"e5b7d267-3e62-41d1-8371-0a8eec3dcfcb","symbol":"ILLU","name":"Illumination Acquisition Corp I Class A Ordinary Shares","exchange":"NASDAQ","country":"US","asset_type":"equity","currency":"USD","sector":"Financial Services","industry":"Shell Companies"},"summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Completed returns and cumulative progression, Range expansion and closing direction, Activity pressure and cumulative balance, Acceleration, deceleration and rollover, Range position and boundary pressure."},{"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":17,"displayedObservations":17,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","evidenceAlignment":{"status":"Evidence developing","headline":"Price structure is visible; Market Dynamics is not yet established","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","take":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","tone":"neutral","conflict":false},"marketDynamics":{"available":true,"readAvailable":false,"dates":["2026-04-24","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"],"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],"opens":[10.9999,9.83,9.875,9.87,9.87,9.88,9.89,9.9,9.9,9.905,9.9,9.94,9.97,9.97,9.97,9.92,9.92],"highs":[10.9999,9.9,9.875,9.87,9.88,9.92,9.9,9.91,9.91,9.91,9.92,9.97,9.97,9.97,9.97,9.92,9.92],"lows":[9.82,9.83,9.87,9.87,9.87,9.87,9.88,9.89,9.9,9.9,9.9,9.94,9.97,9.97,9.9199,9.92,9.92],"closes":[9.83,9.875,9.87,9.87,9.88,9.89,9.8999,9.89,9.905,9.9,9.92,9.97,9.97,9.97,9.9199,9.92,9.92],"pressureRange":[-0.04,0.04],"priceRange":[9.83,9.97],"zones":{"accumulationBoundary":0.06,"distributionBoundary":0.94},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"steady","fourWeekDirection":"steady","now":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Zone progression","detail":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","tone":"neutral"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","annotations":[{"label":"Current tape relationship","value":"Zone progression","detail":"Market Dynamics remains positive and was little changed this week.","tone":"neutral"},{"label":"Price location","value":"Between zones","detail":"Price is progressing between the lower and upper positioning zones while the Market Dynamics read develops.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":false,"observations":17,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"distribution_rollovers":[],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["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":[9.83,9.875,9.87,9.87,9.88,9.89,9.8999,9.89,9.905,9.9,9.92,9.97,9.97,9.97,9.9199,9.92,9.92],"consensus":[-98.3049,28.5714,-100.0,0.0,0.0,0.0,13.6063,-10.5764,0.0,-10.483,15.2031,19.4317,0.0,0.0,-13.5568,0.0,0.0],"supportDates":["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":[null,null,null,null,null,0.0,23.4219,-20.9741,0.0,-20.7627,24.7971,28.4039,0.0,0.0,-23.8552,0.0,0.0],"force":[-98.3049,28.5714,-100.0,0.0,0.0,0.0,12.3567,-11.9254,0.0,-11.8233,15.6203,17.8402,0.0,0.0,-16.7139,0.0,0.0],"direction":[null,null,null,null,0.0,0.0,3.281,-2.2703,0.0,-2.2225,3.9406,10.3145,0.0,0.0,-0.4678,0.0,0.0],"intensity":[null,null,null,null,50.0,80.0,50.0,28.5714,50.0,11.1111,70.0,90.9091,66.6667,7.6923,92.8571,86.6667,12.5],"confirmation":[54.1242,31.8095,54.6667,0.0,25.368,0.6967,49.4997,49.0848,0.8957,49.0463,50.0648,74.0329,24.2528,24.252,49.7106,0.474,0.4516],"persistence":[null,null,33.3333,25.0,20.0,16.6667,0.0,12.5,0.0,25.0,0.0,12.5,12.5,12.5,12.5,0.0,0.0],"assessmentRisk":[null,null,null,null,45.5325,35.0389,40.8773,47.0308,44.6581,33.7157,35.8536,40.2656,47.2831,47.3439,6.5442,48.5131,48.5448],"volumeParticipation":true,"latest":{"consensus":0.0,"control":0.0,"force":0.0,"direction":0.0,"confirmation":0.5,"persistence":0.0,"assessmentRisk":48.5,"intensity":12.5,"evidenceDepth":65},"analysis":{"status":"No directional advantage","headline":"The gauges do not support either side","summary":"Control, force and direction are too balanced to support an upward or downward assessment.","take":"Current assessment: wait for a clearer directional advantage.","tone":"neutral","supportedView":"Neither side","direction":"balanced","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Broadly stable","forceState":"Commitment is limited","forcePath":"Broadly stable","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+0.0","detail":"No directional advantage","tone":"neutral"},{"label":"SM Control Gauge","value":"+0.0","detail":"Control support is limited","tone":"neutral"},{"label":"SM Force Gauge","value":"+0.0","detail":"Commitment is limited","tone":"neutral"},{"label":"SM Direction Gauge","value":"+0.0","detail":"Follow-through is limited","tone":"neutral"},{"label":"SM Confirmation Gauge","value":"0/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"83.9","detail":"Stretched positive","tone":"positive"},{"label":"Risk pressure","value":"3.8%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"8%","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 is rotating through its trend references.","series":[{"label":"Close","values":[9.83,9.875,9.87,9.87,9.88,9.89,9.8999,9.89,9.905,9.9,9.92,9.97,9.97,9.97,9.9199,9.92,9.92],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,9.8544,9.8609,9.868,9.872,9.878,9.882,9.8889,9.9036,9.9157,9.9256,9.9245,9.9237,9.923],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,9.8791,9.8858,9.8883,9.8907,9.8928],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,9.9226,9.9301,9.956,9.9723,9.9838,9.9827,9.9816,9.9805],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,9.8393,9.8389,9.8273,9.8231,9.8219,9.8253,9.8284,9.8313],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"key":"returns","eyebrow":"Observed return path","title":"Completed returns and cumulative progression","description":"Period returns are shown beside the total move recorded across the available tape.","reason":"Selected because direct returns remain fully observable while longer indicators develop.","series":[{"label":"Period return","values":[null,0.4578,-0.0506,0.0,0.1013,0.1012,0.1001,-0.1,0.1517,-0.0505,0.202,0.504,0.0,0.0,-0.5025,0.001,0.0],"stroke":"#176fa3","width":1.7},{"label":"Cumulative progression","values":[0.0,0.4578,0.4069,0.4069,0.5086,0.6104,0.7111,0.6104,0.763,0.7121,0.9156,1.4242,1.4242,1.4242,0.9145,0.9156,0.9156],"stroke":"#07865c","width":2.0}],"guides":[{"label":"Starting level","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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"bar_range","eyebrow":"Completed-bar anatomy","title":"Range expansion and closing direction","description":"The completed range and open-to-close direction expose expansion, compression and control.","reason":"Selected because these measures use every completed bar and do not require a long history.","series":[{"label":"Completed range","values":[12.0031,0.7089,0.0507,0.0,0.1012,0.5056,0.202,0.2022,0.101,0.101,0.2016,0.3009,0.0,0.0,0.505,0.0,0.0],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[-10.6356,0.4578,-0.0506,0.0,0.1013,0.1012,0.1001,-0.101,0.0505,-0.0505,0.202,0.3018,0.0,0.0,-0.5025,0.0,0.0],"stroke":"#176fa3","width":1.8}],"guides":[{"label":"Unchanged close","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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,6.2748,324.3879,16.5214,104.4335,28.2658,0.1202,0.0755,0.4019,94.9936,0.0911],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,134.5434,135.0,134.2054,135.0,135.0,135.0,135.0,134.9874,135.0,135.0],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path 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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,5.9327,7.204,6.7802,8.4753,12.7129,12.7129,12.7129,8.4668,8.4753,8.4753],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-10.0901,-9.9537,-9.9992,-9.8174,-9.3628,-9.3628,-9.3628,-9.8183,-9.8174,-9.8174],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,0.7128,0.8656,0.8147,1.0183,1.5275,1.5275,1.5275,1.0173,1.0183,1.0183],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range 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ILLU Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/e5b7d267-3e62-41d1-8371-0a8eec3dcfcb/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."}