{"schema_version":"1.0","name":"ORNP Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"e9b5d5b8-04d7-4090-b181-896362a729e1","symbol":"ORNP","name":"Orion Retail Properties Ltd","exchange":"TLV","country":"IL","asset_type":"equity","currency":"ILA","sector":"Real Estate","industry":"Real Estate - Diversified"},"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, 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":36,"displayedObservations":36,"assetType":"Equity","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":["2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[-0.757576,-1.020388,-1.041869,-1.050766,-1.000979,-0.946895,-0.830245,-0.778626],"opens":[19800.0,17100.0,17130.0003,18119.9997,17569.9997,18089.9994,18310.0006,19680.0003],"highs":[19800.0,17819.9997,19330.0003,18250.0,18089.9994,18800.0,19650.0,19680.0003],"lows":[17710.0006,16969.9997,17130.0003,17219.9997,17010.0006,16569.9997,17830.0003,18589.9994],"closes":[17830.0003,17250.0,18119.9997,17569.9997,17939.9994,18389.9994,19369.9997,18769.9997],"hoverRows":[[{"label":"Open","value":"19,800","className":"is-ohlc","compact":true},{"label":"High","value":"19,800","className":"is-ohlc","compact":true},{"label":"Low","value":"17,710","className":"is-ohlc","compact":true},{"label":"Close","value":"17,830","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.76","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17,100","className":"is-ohlc","compact":true},{"label":"High","value":"17,820","className":"is-ohlc","compact":true},{"label":"Low","value":"16,970","className":"is-ohlc","compact":true},{"label":"Close","value":"17,250","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.02","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17,130","className":"is-ohlc","compact":true},{"label":"High","value":"19,330","className":"is-ohlc","compact":true},{"label":"Low","value":"17,130","className":"is-ohlc","compact":true},{"label":"Close","value":"18,120","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.04","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18,120","className":"is-ohlc","compact":true},{"label":"High","value":"18,250","className":"is-ohlc","compact":true},{"label":"Low","value":"17,220","className":"is-ohlc","compact":true},{"label":"Close","value":"17,570","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.05","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"17,570","className":"is-ohlc","compact":true},{"label":"High","value":"18,090","className":"is-ohlc","compact":true},{"label":"Low","value":"17,010","className":"is-ohlc","compact":true},{"label":"Close","value":"17,940","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.00","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18,090","className":"is-ohlc","compact":true},{"label":"High","value":"18,800","className":"is-ohlc","compact":true},{"label":"Low","value":"16,570","className":"is-ohlc","compact":true},{"label":"Close","value":"18,390","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.95","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"18,310","className":"is-ohlc","compact":true},{"label":"High","value":"19,650","className":"is-ohlc","compact":true},{"label":"Low","value":"17,830","className":"is-ohlc","compact":true},{"label":"Close","value":"19,370","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.83","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"19,680","className":"is-ohlc","compact":true},{"label":"High","value":"19,680","className":"is-ohlc","compact":true},{"label":"Low","value":"18,590","className":"is-ohlc","compact":true},{"label":"Close","value":"18,770","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.78","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":[17122.800018,19497.199682],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.778626,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"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":"Underlying pressure is repairing","detail":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","annotations":[{"label":"Current tape relationship","value":"Underlying pressure is repairing","detail":"Market Dynamics improved this week but remains below zero.","tone":"caution"},{"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":"Repairing","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":8,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"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"],"close":[34140.0003,31830.0009,27550.0011,28699.9989,28450.0003,26180.0003,26719.9993,26870.0004,27349.999,29000.001,26400.001,26500.001,27890.0003,27000.0005,29040.0004,29709.9996,30439.9991,30269.9995,30390.0003,31719.9993,31870.0004,34130.0011,31370.0008,29860.0006,26960.0006,21669.9997,19100.0,18500.0,17830.0003,17250.0,18119.9997,17569.9997,17939.9994,18389.9994,19369.9997,18769.9997],"consensus":[-98.044,-96.4476,-85.9437,36.909,-52.1128,-57.627,-14.4911,-26.6658,0.0,19.0848,-38.8449,-20.7084,9.6438,-24.1501,35.9483,32.8611,31.1597,9.6333,12.9683,36.5919,26.2339,57.827,-12.7274,-27.2628,-53.7857,-74.5275,-73.5023,-54.6094,-59.5943,-48.4588,-22.4221,-41.2765,-13.6335,0.0,9.4006,-26.3969],"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"],"control":[null,null,null,null,null,-62.7478,-6.3858,-24.4198,0.0,13.5432,-40.153,-23.228,10.4337,-21.4769,32.8045,31.5721,32.4543,4.3598,6.974,37.0655,25.5166,52.5701,-25.5224,-32.9391,-55.8665,-78.2423,-72.9102,-53.3199,-64.4486,-45.2858,-23.0588,-45.11,-9.7646,0.0,7.1177,-41.4772],"force":[-98.044,-96.4476,-85.9437,36.909,-16.7074,-38.9371,-10.9459,-4.9723,0.0,37.5205,-47.2216,-6.5113,27.904,-17.5217,53.9116,29.8702,24.5061,3.3827,2.9273,30.2981,11.4718,69.5897,-38.713,-35.4737,-63.1729,-87.1017,-84.6889,-38.6521,-39.8242,-27.6934,-19.2222,-21.6004,-17.1033,0.0,46.3056,-16.5131],"direction":[null,null,null,null,-77.4024,-65.1245,-41.9237,-44.728,0.0,12.2496,-31.3666,-27.9696,4.3019,-31.9397,26.7102,36.4706,34.4327,34.9226,26.9911,40.5462,37.5979,55.4328,-20.4568,-14.9106,-44.7024,-61.3005,-66.1885,-67.4814,-68.168,-66.9175,-51.4402,-50.9497,-40.01,0.0,14.3512,-16.2221],"intensity":[null,null,null,null,25.0,40.0,33.3333,28.5714,25.0,88.8889,70.0,27.2727,33.3333,23.0769,57.1429,40.0,12.5,29.4118,61.1111,36.8421,5.0,71.4286,86.3636,95.6522,83.3333,100.0,92.3077,55.5556,17.8571,51.7241,46.6667,19.3548,3.125,9.0909,35.2941,11.4286],"confirmation":[54.0408,53.5299,50.1687,34.4776,60.3909,85.793,6.3206,53.2395,5.5695,74.7534,80.6657,51.4889,49.8816,75.5667,80.0988,78.444,77.7486,27.2176,26.6019,79.5104,75.9559,86.9432,31.7005,76.8878,85.4658,92.1754,91.8707,85.0083,86.3937,82.9223,32.6636,80.5504,29.8003,28.919,7.2293,83.916],"persistence":[null,null,100.0,50.0,60.0,66.6667,71.4286,75.0,62.5,37.5,37.5,62.5,37.5,37.5,12.5,12.5,25.0,25.0,50.0,75.0,75.0,100.0,75.0,50.0,25.0,0.0,25.0,50.0,75.0,100.0,100.0,100.0,100.0,87.5,62.5,62.5],"assessmentRisk":[null,null,null,null,23.5482,20.9481,13.4548,24.9662,24.0367,35.9897,10.8595,0.1182,9.7391,28.8824,27.1301,32.7284,32.3236,44.4694,35.1256,28.6704,29.0472,20.8645,35.2423,30.3572,22.8951,12.7356,13.2477,22.694,20.1935,24.7946,11.8134,1.565,9.7448,30.3311,26.0151,43.7937],"volumeParticipation":true,"latest":{"consensus":-26.4,"control":-41.5,"force":-16.5,"direction":-16.2,"confirmation":83.9,"persistence":62.5,"assessmentRisk":43.8,"intensity":11.4,"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":"Broadly stable","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Present","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-26.4","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-41.5","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-16.5","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-16.2","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"84/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"28.2","detail":"Stretched negative","tone":"negative"},{"label":"Risk pressure","value":"13.2%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"26.9","detail":"Directional","tone":"positive"},{"label":"Range position","value":"12%","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 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