{"schema_version":"1.0","name":"ARKX Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"e6e06d77-0990-49fc-97a3-08153b64bfd5","symbol":"ARKX","name":"ARK Space & Defence Innovation UCITS ETF A USD Acc","exchange":"EBS","country":"CH","asset_type":"etf","currency":"CHF","sector":null,"industry":null},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","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, Range pressure and compression, Range position and boundary pressure, Activity pressure and cumulative balance, Drawdown and recovery pressure, 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":37,"displayedObservations":37,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","evidenceAlignment":{"status":"Rollover warning","headline":"Price has moved below distribution as Market Dynamics weakened","summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price has moved below the distribution zone after Market Dynamics weakened.","take":"The prior extension has started to roll over. Further price weakness would confirm the downside transition; a recovery in both readings would remove the warning.","tone":"negative","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.109061,0.113786,0.058539,-0.110549,-0.193155,-0.356862,-0.416276,-0.302058,-0.300402],"opens":[4.322,4.5685,4.3715,4.122,4.111,4.1315,4.1935,4.6,4.75],"highs":[4.322,4.58,4.3715,4.122,4.2375,4.1315,4.5385,4.7735,4.75],"lows":[4.322,4.54,4.3715,4.122,4.111,4.0745,4.1935,4.595,4.4305],"closes":[4.322,4.58,4.3715,4.122,4.1315,4.0815,4.5385,4.7735,4.4305],"hoverRows":[[{"label":"Open","value":"4.32","className":"is-ohlc","compact":true},{"label":"High","value":"4.32","className":"is-ohlc","compact":true},{"label":"Low","value":"4.32","className":"is-ohlc","compact":true},{"label":"Close","value":"4.32","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.11","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.57","className":"is-ohlc","compact":true},{"label":"High","value":"4.58","className":"is-ohlc","compact":true},{"label":"Low","value":"4.54","className":"is-ohlc","compact":true},{"label":"Close","value":"4.58","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.11","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.37","className":"is-ohlc","compact":true},{"label":"High","value":"4.37","className":"is-ohlc","compact":true},{"label":"Low","value":"4.37","className":"is-ohlc","compact":true},{"label":"Close","value":"4.37","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.06","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.12","className":"is-ohlc","compact":true},{"label":"High","value":"4.12","className":"is-ohlc","compact":true},{"label":"Low","value":"4.12","className":"is-ohlc","compact":true},{"label":"Close","value":"4.12","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.11","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.11","className":"is-ohlc","compact":true},{"label":"High","value":"4.24","className":"is-ohlc","compact":true},{"label":"Low","value":"4.11","className":"is-ohlc","compact":true},{"label":"Close","value":"4.13","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.19","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.13","className":"is-ohlc","compact":true},{"label":"High","value":"4.13","className":"is-ohlc","compact":true},{"label":"Low","value":"4.07","className":"is-ohlc","compact":true},{"label":"Close","value":"4.08","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.36","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"4.19","className":"is-ohlc","compact":true},{"label":"High","value":"4.54","className":"is-ohlc","compact":true},{"label":"Low","value":"4.19","className":"is-ohlc","compact":true},{"label":"Close","value":"4.54","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.42","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"4.60","className":"is-ohlc","compact":true},{"label":"High","value":"4.77","className":"is-ohlc","compact":true},{"label":"Low","value":"4.59","className":"is-ohlc","compact":true},{"label":"Close","value":"4.77","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.30","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"4.75","className":"is-ohlc","compact":true},{"label":"High","value":"4.75","className":"is-ohlc","compact":true},{"label":"Low","value":"4.43","className":"is-ohlc","compact":true},{"label":"Close","value":"4.43","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.30","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":[4.03998,4.81502],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.300402,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"slight strengthening","fourWeekDirection":"weakening","now":{"label":"Slightly stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted 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":"Distribution rollover","detail":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has moved down through distribution conditions as Market Dynamics contracted. The completed tape now carries a stronger continuation-risk warning.","annotations":[{"label":"Current tape relationship","value":"Distribution rollover","detail":"Market Dynamics improved this week but remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","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":"Lagging price","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":25,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-08-07","price":4.5385}],"reversal_dangers":[{"date":"2026-08-14","price":4.7735}]}},"smTape":{"available":true,"dates":["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":[3.8375,3.694,3.867,3.8615,4.3375,4.542,4.383,4.102,3.9355,4.002,4.184,4.013,4.0845,3.988,3.9925,3.8155,3.844,4.069,4.3715,4.332,4.1895,4.2955,4.5235,4.5435,4.8,4.6,4.6045,4.61,4.322,4.58,4.3715,4.122,4.1315,4.0815,4.5385,4.7735,4.4305],"consensus":[-79.9811,0.0,100.0,0.0,45.6072,43.4427,13.3311,-15.3999,-20.2121,-10.9777,19.2747,-19.7483,21.297,-9.6433,-10.4233,-33.0681,0.0,20.9672,47.7266,31.2126,0.0,26.0502,55.5648,40.4592,52.5723,0.0,17.3502,18.1393,-28.3306,35.2299,-21.7196,-40.4503,-29.0315,-42.575,47.5168,68.1037,-27.0285],"supportDates":["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,46.0351,2.8168,-26.5522,-15.7424,-5.1064,33.6165,-28.3999,25.8751,-11.6176,-8.711,-38.9474,0.0,18.8986,56.3495,34.2032,0.0,25.3617,59.9997,47.691,46.5447,0.0,15.4751,18.9626,-26.3708,51.8408,-20.0371,-39.8957,-31.4198,-45.3633,56.5375,70.3536,-36.4061],"force":[-79.9811,0.0,100.0,0.0,34.4045,28.0199,3.4731,-36.3932,-24.8348,-6.0018,21.7244,-23.4484,29.7081,-11.5677,-6.8213,-28.0211,0.0,41.5975,47.2339,16.4139,0.0,24.421,73.372,28.9069,56.5111,0.0,2.8185,2.9536,-32.9119,35.429,-26.35,-31.609,-10.029,-27.4851,57.8963,87.5704,-75.5668],"direction":[null,null,null,null,53.6091,51.4963,37.3505,-12.3409,-22.0184,-21.242,1.1343,-7.2177,10.0569,-6.0124,-14.953,-29.9538,0.0,8.5953,38.2237,38.3652,0.0,28.0009,37.7768,40.4459,56.6477,0.0,29.873,28.0453,-27.2979,16.1038,-20.3351,-47.3993,-39.8753,-50.167,29.7933,51.6278,-18.3589],"intensity":[null,null,null,null,75.0,60.0,33.3333,57.1429,62.5,22.2222,40.0,36.3636,16.6667,23.0769,7.1429,53.3333,31.25,70.5882,77.7778,63.1579,30.0,28.5714,68.1818,13.0435,87.5,56.0,7.6923,22.2222,78.5714,68.9655,60.0,67.7419,31.25,30.303,94.1176,91.4286,83.3333],"confirmation":[48.2606,1.8079,54.6667,0.0,59.4155,81.3921,27.3216,30.6972,74.6769,26.1174,51.3574,51.6337,75.0016,48.4478,48.5851,78.3384,25.7099,75.3697,83.1261,77.4914,29.2559,76.2969,86.2558,80.4847,85.035,31.71,50.4711,50.6626,77.2353,79.0265,75.117,80.6831,76.6746,81.1216,83.3842,90.3522,26.3295],"persistence":[null,null,0.0,0.0,20.0,33.3333,42.8571,25.0,25.0,12.5,12.5,0.0,0.0,25.0,50.0,50.0,37.5,12.5,12.5,12.5,0.0,25.0,50.0,75.0,87.5,75.0,75.0,75.0,62.5,62.5,37.5,12.5,12.5,25.0,25.0,25.0,25.0],"assessmentRisk":[null,null,null,null,25.8801,28.248,42.394,45.5657,36.6363,43.7089,45.7343,9.6073,20.1145,1.3616,32.2654,21.4288,38.3814,12.8841,24.9278,34.1865,50.9376,32.6402,9.786,24.1195,23.6847,46.8452,14.5708,10.5013,35.4142,23.0213,31.2255,29.2754,24.2424,28.3075,8.4271,15.6884,55.9215],"volumeParticipation":true,"latest":{"consensus":-27.0,"control":-36.4,"force":-75.6,"direction":-18.4,"confirmation":26.3,"persistence":25.0,"assessmentRisk":55.9,"intensity":83.3,"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":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-27.0","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-36.4","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-75.6","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-18.4","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"26/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"49.6","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"6.1%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"11.8","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"61%","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 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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,12.328,11.5097,11.5147,10.9428,10.1057,9.2288,8.7607,8.6606,8.1578,7.5533,7.2596,6.9017,6.9987,6.7181,6.2393,6.6557,6.2345,6.406,6.7408,6.4636,6.1752,5.876,5.5393,6.0948],"stroke":"#c13f3f","width":1.9},{"label":"Envelope 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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,45.2745,29.9374,36.063,52.8279,37.0763,43.6625,34.7734,35.1879,18.8836,21.5088,42.2347,70.0995,66.4609,53.3346,63.0987,84.101,85.9433,92.7124,77.1239,77.4747,75.9133,51.4444,73.3645,55.65,34.452,35.2591,31.011,69.8386,89.8046,60.6627],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-12.6509,-16.1964,-14.7803,-10.9048,-14.5461,-13.0236,-15.0785,-14.9826,-18.7517,-18.1448,-13.3536,-6.9121,-7.7532,-10.7877,-8.5305,-3.6754,-3.2495,-1.9107,-5.9978,-5.9058,-5.7934,-11.6788,-6.4065,-10.6672,-15.7658,-15.5717,-16.5934,-7.2545,-2.4522,-9.4615],"stroke":"#c13f3f","width":1.5},{"label":"From 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}