{"schema_version":"1.0","name":"TMO Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"e839c16f-2dfd-488e-9764-c2af56011def","symbol":"TMO","name":"Thermo Fisher Scientific Inc.","exchange":"TOR","country":"CA","asset_type":"etf","currency":"CAD","sector":null,"industry":null},"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, Acceleration, deceleration and rollover, Activity pressure and cumulative balance, Range position and boundary pressure, Directional strength and control, Range pressure and compression."},{"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":34,"displayedObservations":34,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","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":["2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[0.625618,0.862114,0.942395,1.031831,1.100297,1.165358],"opens":[18.85,18.950001,19.049999,20.209999,20.469999,21.25],"highs":[18.99,19.4,20.709999,20.75,21.1,21.620001],"lows":[18.73,18.9,18.1,19.9,20.17,21.02],"closes":[18.799999,19.049999,20.26,20.5,21.1,21.059999],"hoverRows":[[{"label":"Open","value":"18.9","className":"is-ohlc","compact":true},{"label":"High","value":"19.0","className":"is-ohlc","compact":true},{"label":"Low","value":"18.7","className":"is-ohlc","compact":true},{"label":"Close","value":"18.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.0","className":"is-ohlc","compact":true},{"label":"High","value":"19.4","className":"is-ohlc","compact":true},{"label":"Low","value":"18.9","className":"is-ohlc","compact":true},{"label":"Close","value":"19.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19.0","className":"is-ohlc","compact":true},{"label":"High","value":"20.7","className":"is-ohlc","compact":true},{"label":"Low","value":"18.1","className":"is-ohlc","compact":true},{"label":"Close","value":"20.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.2","className":"is-ohlc","compact":true},{"label":"High","value":"20.8","className":"is-ohlc","compact":true},{"label":"Low","value":"19.9","className":"is-ohlc","compact":true},{"label":"Close","value":"20.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.5","className":"is-ohlc","compact":true},{"label":"High","value":"21.1","className":"is-ohlc","compact":true},{"label":"Low","value":"20.2","className":"is-ohlc","compact":true},{"label":"Close","value":"21.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.2","className":"is-ohlc","compact":true},{"label":"High","value":"21.6","className":"is-ohlc","compact":true},{"label":"Low","value":"21.0","className":"is-ohlc","compact":true},{"label":"Close","value":"21.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[18.661999,21.238],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"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":"Zone progression","detail":"Across the displayed history, price has progressed from the lower accumulation area, through the middle range and into the upper positioning zone. 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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.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"distribution","zoneContext":"Across the displayed history, price has progressed from the lower accumulation area, through the middle range and into the upper positioning zone. This describes price location only; it does not establish active distribution or a reversal.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","sample":0},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price structure is upward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"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":"The current relationship is visible, but this ticker does not yet have a completed comparable outcome.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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":[21.0293,21.2291,21.9484,22.4379,22.5878,20.9144,19.7306,18.2421,18.4718,18.7715,18.1322,16.83,16.99,17.08,17.69,17.88,18.9209,16.813,16.833,16.6632,15.7241,16.0737,17.6721,16.9029,16.813,16.82,18.36,18.36,18.8,19.05,20.26,20.5,21.1,21.06],"consensus":[100.0,100.0,-18.4618,0.0,70.9484,-53.4257,-72.963,-88.0397,-25.7269,-18.2609,-76.378,-89.5663,-40.2485,-54.2434,-11.3814,0.0,52.0428,-59.1245,-34.6932,-42.2632,-76.0114,-15.8044,47.945,-24.0202,-10.2337,0.0,54.9643,13.8235,35.9711,37.2259,70.0048,52.1079,68.904,27.3851],"supportDates":["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":[null,null,null,null,null,-54.8149,-77.3877,-85.2643,-14.657,-3.9121,-69.2899,-89.9432,-31.1774,-56.3665,-4.4126,0.0,43.8391,-57.0367,-37.4676,-39.9577,-79.3529,-18.1831,42.3592,-36.938,-26.1293,0.0,67.1699,2.7153,27.5601,27.9626,60.2073,49.8773,73.0537,11.0889],"force":[100.0,100.0,-18.4618,0.0,31.0661,-52.7629,-56.2212,-96.0959,-35.3184,-41.7522,-82.724,-97.2845,-2.0707,-17.4348,-40.2771,0.0,89.0852,-88.4442,-10.6312,-32.5866,-91.7113,-36.9834,92.0325,-23.4363,-1.5379,0.0,47.7477,11.5187,17.8449,18.3791,89.6194,32.9188,59.5369,5.1906],"direction":[null,null,null,null,99.4357,-52.3115,-79.8646,-85.4572,-81.9821,-77.5259,-79.9459,-83.6225,-80.8436,-78.1089,-56.2448,0.0,34.9594,-40.5679,-48.7095,-51.81,-60.9783,-50.7913,22.8376,-9.6741,-1.7215,0.0,46.1696,50.8265,58.5311,61.2744,67.1915,68.3636,70.8523,69.2777],"intensity":[null,null,null,null,50.0,100.0,100.0,85.7143,50.0,22.2222,40.0,63.6364,50.0,30.7692,35.7143,13.3333,56.25,100.0,94.4444,10.5263,50.0,23.8095,77.2727,47.8261,4.1667,24.0,80.7692,59.2593,28.5714,27.5862,73.3333,93.5484,37.5,48.4848],"confirmation":[54.6667,54.6667,28.5744,0.2542,66.2136,85.0549,90.7705,96.4605,36.7421,13.1403,92.7424,96.8907,57.5031,84.2038,10.7663,27.8227,85.9076,87.8452,78.3262,81.2645,92.7512,33.9688,84.7711,75.4718,25.8015,24.8347,85.1826,6.9398,79.0865,79.4791,91.1486,84.1237,89.7006,54.4594],"persistence":[null,null,33.3333,25.0,40.0,16.6667,0.0,12.5,37.5,62.5,62.5,75.0,100.0,100.0,100.0,87.5,62.5,62.5,62.5,62.5,62.5,62.5,37.5,50.0,75.0,62.5,37.5,12.5,12.5,37.5,37.5,62.5,87.5,100.0],"assessmentRisk":[null,null,null,null,14.5257,9.0133,12.8429,5.9674,37.1259,40.1492,9.6966,1.783,27.2063,21.4431,18.7616,44.0732,22.959,16.0502,19.6713,23.2011,11.9551,27.9343,11.5867,24.3701,47.274,36.2813,2.9014,38.4448,30.3838,30.5649,14.3597,23.6161,15.3457,36.0894],"volumeParticipation":true,"latest":{"consensus":27.4,"control":11.1,"force":5.2,"direction":69.3,"confirmation":54.5,"persistence":100.0,"assessmentRisk":36.1,"intensity":48.5,"evidenceDepth":100},"analysis":{"status":"Price structure has the available support","headline":"The gauges support the price-technical view","summary":"Market Dynamics does not provide a directional confirmation. The completed evidence supports the upward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"positive","supportedView":"Price structure","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Established","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+27.4","detail":"Price structure has the available support","tone":"positive"},{"label":"SM Control Gauge","value":"+11.1","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+5.2","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+69.3","detail":"Upward 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impulse is unusually active or is approaching a change of 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}