{"schema_version":"1.0","name":"HEQQ Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"ecc425e0-acaf-414a-a889-2a6a283a0135","symbol":"HEQQ","name":"JPM Nasdaq Hedged Equity Laddered Overlay Active UCITS ETF - USD (acc)","exchange":"LSE","country":"GB","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"The technical trend and the underlying tape are moving in opposite directions. Price is holding its upward structure without confirmation from Market Dynamics.","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 position and boundary pressure, Activity pressure and cumulative balance, Directional strength and control, Directional pressure and rotation, 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":"2026-08-21","observations":40,"displayedObservations":40,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"The technical trend and the underlying tape are moving in opposite directions. Price is holding its upward structure without confirmation from Market Dynamics.","evidenceAlignment":{"status":"Evidence conflict","headline":"Price structure is upward, but Market Dynamics is negative","summary":"The technical trend and the underlying tape are moving in opposite directions. Price is holding its upward structure without confirmation from Market Dynamics.","take":"The gap can close through improving Market Dynamics or weakening price. Until one occurs, the upward structure carries elevated reversal risk and should not be read as fully aligned.","tone":"negative","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.697145,0.924595,0.911065,0.835532,0.841574,0.784957,0.558487,0.378246,0.172471,-0.012204,-0.027325,-0.04893],"opens":[26.215,25.805,26.4025,26.049999,26.184999,26.275,25.807501,25.834999,25.719999,25.924999,26.299999,26.684999],"highs":[26.215,25.995001,26.4025,26.08,26.184999,26.275,25.807501,26.127501,25.91,26.334999,26.559999,26.700001],"lows":[26.075001,25.75,26.4025,25.959999,26.184999,26.275,25.807501,25.620001,25.202499,25.897499,26.280001,26.1775],"closes":[26.075001,25.995001,26.4025,26.08,26.184999,26.275,25.807501,25.752501,25.612499,26.32,26.549999,26.1775],"hoverRows":[[{"label":"Open","value":"26.2","className":"is-ohlc","compact":true},{"label":"High","value":"26.2","className":"is-ohlc","compact":true},{"label":"Low","value":"26.1","className":"is-ohlc","compact":true},{"label":"Close","value":"26.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.70","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"25.8","className":"is-ohlc","compact":true},{"label":"High","value":"26.0","className":"is-ohlc","compact":true},{"label":"Low","value":"25.8","className":"is-ohlc","compact":true},{"label":"Close","value":"26.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.92","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.4","className":"is-ohlc","compact":true},{"label":"High","value":"26.4","className":"is-ohlc","compact":true},{"label":"Low","value":"26.4","className":"is-ohlc","compact":true},{"label":"Close","value":"26.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.91","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.0","className":"is-ohlc","compact":true},{"label":"High","value":"26.1","className":"is-ohlc","compact":true},{"label":"Low","value":"26.0","className":"is-ohlc","compact":true},{"label":"Close","value":"26.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.84","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.2","className":"is-ohlc","compact":true},{"label":"High","value":"26.2","className":"is-ohlc","compact":true},{"label":"Low","value":"26.2","className":"is-ohlc","compact":true},{"label":"Close","value":"26.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.84","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.3","className":"is-ohlc","compact":true},{"label":"High","value":"26.3","className":"is-ohlc","compact":true},{"label":"Low","value":"26.3","className":"is-ohlc","compact":true},{"label":"Close","value":"26.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.78","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"25.8","className":"is-ohlc","compact":true},{"label":"High","value":"25.8","className":"is-ohlc","compact":true},{"label":"Low","value":"25.8","className":"is-ohlc","compact":true},{"label":"Close","value":"25.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.56","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"25.8","className":"is-ohlc","compact":true},{"label":"High","value":"26.1","className":"is-ohlc","compact":true},{"label":"Low","value":"25.6","className":"is-ohlc","compact":true},{"label":"Close","value":"25.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.38","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"25.7","className":"is-ohlc","compact":true},{"label":"High","value":"25.9","className":"is-ohlc","compact":true},{"label":"Low","value":"25.2","className":"is-ohlc","compact":true},{"label":"Close","value":"25.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.17","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"25.9","className":"is-ohlc","compact":true},{"label":"High","value":"26.3","className":"is-ohlc","compact":true},{"label":"Low","value":"25.9","className":"is-ohlc","compact":true},{"label":"Close","value":"26.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.01","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.3","className":"is-ohlc","compact":true},{"label":"High","value":"26.6","className":"is-ohlc","compact":true},{"label":"Low","value":"26.3","className":"is-ohlc","compact":true},{"label":"Close","value":"26.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.03","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.7","className":"is-ohlc","compact":true},{"label":"High","value":"26.7","className":"is-ohlc","compact":true},{"label":"Low","value":"26.2","className":"is-ohlc","compact":true},{"label":"Close","value":"26.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.05","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[25.556249,26.606249],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.04893,"state":"Negative and weakening","context":{"scenario":"negativeWeakening","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted 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":"Negative and weakening","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Negative and weakening","detail":"Market Dynamics weakened this week and 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":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":29,"relationship":{"sameWeekCorrelation":0.05,"forwardCorrelation":-0.2,"directionalAgreement":50.0,"sample":8,"correlationSample":28,"label":"Variable relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToHigher":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.8,"sample":1},{"week":2,"averageReturn":3.7,"sample":1},{"week":3,"averageReturn":2.2,"sample":1},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.4,"sample":1},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":3.0,"averageExpectedMove":3.0,"averageWeeksToLargestMove":11.5,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":-0.5,"medianReturn":-0.5,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":2.2,"medianReturn":2.2,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.1,"sample":2},{"week":2,"averageReturn":0.1,"sample":2},{"week":3,"averageReturn":1.1,"sample":2},{"week":4,"averageReturn":-0.5,"sample":2},{"week":5,"averageReturn":-0.4,"sample":2},{"week":6,"averageReturn":-0.1,"sample":2},{"week":7,"averageReturn":-1.2,"sample":2},{"week":8,"averageReturn":-1.5,"sample":2},{"week":9,"averageReturn":-2.1,"sample":2},{"week":10,"averageReturn":-1.2,"sample":2},{"week":11,"averageReturn":-1.6,"sample":2},{"week":12,"averageReturn":2.2,"sample":2},{"week":13,"averageReturn":4.1,"sample":1},{"week":14,"averageReturn":3.8,"sample":1},{"week":15,"averageReturn":5.4,"sample":1},{"week":16,"averageReturn":4.1,"sample":1},{"week":17,"averageReturn":4.6,"sample":1},{"week":18,"averageReturn":4.9,"sample":1},{"week":19,"averageReturn":3.1,"sample":1},{"week":20,"averageReturn":2.8,"sample":1},{"week":21,"averageReturn":2.3,"sample":1},{"week":22,"averageReturn":5.1,"sample":1},{"week":23,"averageReturn":6.0,"sample":1},{"week":24,"averageReturn":4.5,"sample":1},{"week":25,"sample":0},{"week":26,"sample":0}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.9,"sample":1},{"week":2,"averageReturn":-0.5,"sample":1},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":2,"completedEpisodes":1,"activeEpisodes":1,"medianExpectedMove":7.2,"averageExpectedMove":7.2,"averageWeeksToLargestMove":11.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":1.1,"medianReturn":1.1,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":5.9,"medianReturn":5.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.2,"sample":2},{"week":2,"averageReturn":-0.3,"sample":2},{"week":3,"averageReturn":0.9,"sample":2},{"week":4,"averageReturn":1.1,"sample":2},{"week":5,"averageReturn":-0.0,"sample":2},{"week":6,"averageReturn":-2.4,"sample":1},{"week":7,"averageReturn":-4.2,"sample":1},{"week":8,"averageReturn":5.2,"sample":1},{"week":9,"averageReturn":5.9,"sample":1},{"week":10,"averageReturn":5.6,"sample":1},{"week":11,"averageReturn":7.2,"sample":1},{"week":12,"averageReturn":5.9,"sample":1},{"week":13,"averageReturn":6.3,"sample":1},{"week":14,"averageReturn":6.7,"sample":1},{"week":15,"averageReturn":4.8,"sample":1},{"week":16,"averageReturn":4.6,"sample":1},{"week":17,"averageReturn":4.0,"sample":1},{"week":18,"averageReturn":6.9,"sample":1},{"week":19,"averageReturn":7.8,"sample":1},{"week":20,"averageReturn":6.3,"sample":1},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Evidence conflict","tone":"negative","headline":"Market Dynamics is negative while price remains rotational","use":"Treat the pressure as context until price establishes a clear response.","confirm":"The gap can close through improving Market Dynamics or weakening price. Until one occurs, the upward structure carries elevated reversal risk and should not be read as fully aligned.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","sample":0},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted 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":["2025-11-21","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":[23.9975,24.695,24.8975,24.6025,24.7425,24.97,24.71,25.0425,24.9175,25.04,25.1325,24.6275,24.58,24.6425,24.565,24.4575,24.2625,24.0425,23.605,23.885,24.635,25.3375,25.4925,25.6725,25.9175,26.0175,26.0425,26.2125,26.075,25.995,26.4025,26.08,26.185,26.275,25.8075,25.7525,25.6125,26.32,26.55,26.1775],"consensus":[-100.0,100.0,100.0,-58.0,59.0246,51.6551,-9.9082,68.1991,0.0,41.4179,30.1991,-41.3146,-25.1383,0.0,-25.0077,-29.4361,-41.0649,-53.2054,-67.5054,0.0,50.3737,65.1551,57.7204,65.1784,64.1686,51.607,53.4772,61.9165,12.0878,30.7099,50.7554,17.2066,31.1412,35.3073,-26.9346,-23.4851,-33.7919,57.842,58.6266,-19.165],"supportDates":["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,61.4066,-14.9809,66.1418,0.0,48.1834,20.2472,-29.9784,-21.4799,0.0,-18.3221,-23.7751,-31.1314,-57.9801,-77.2001,0.0,51.2626,74.9466,67.4337,64.7692,73.6816,52.1468,58.6663,55.3514,2.3138,46.8393,52.0127,29.3812,33.9814,34.8219,-24.2262,-15.7039,-19.0003,65.9621,65.9187,-27.1949],"force":[-100.0,100.0,100.0,-58.0,30.3064,31.2276,-33.6986,81.9971,0.0,34.3063,9.7193,-76.9807,-24.8818,0.0,-21.4659,-37.2133,-57.3558,-45.4804,-56.6854,0.0,79.1366,62.697,39.0583,68.188,44.8435,28.5291,26.7241,63.9686,24.1147,6.3974,33.2386,14.948,12.5099,15.7476,-36.9725,-33.5081,-50.1559,85.4836,56.4902,-73.5079],"direction":[null,null,null,null,79.5375,55.1016,-12.8825,60.6945,0.0,38.7655,56.201,-28.7944,-29.5024,0.0,-35.1782,-30.3507,-40.781,-53.2665,-64.1543,0.0,28.8128,55.7206,59.9495,63.4964,67.1003,67.4743,66.6561,67.9538,54.4057,38.7816,61.8305,26.2601,41.2032,49.8333,-22.8601,-25.2185,-39.0082,28.8178,51.8188,-28.8283],"intensity":[null,null,null,null,50.0,80.0,16.6667,42.8571,12.5,22.2222,70.0,100.0,16.6667,15.3846,7.1429,26.6667,37.5,41.1765,77.7778,52.6316,100.0,95.2381,81.8182,30.4348,41.6667,32.0,3.8462,37.037,14.2857,62.069,83.3333,74.1935,40.625,6.0606,76.4706,57.1429,66.6667,94.5946,60.5263,58.9744],"confirmation":[54.6667,54.6667,54.6667,41.2267,62.9084,83.7585,29.2333,90.2756,8.6168,80.9339,77.1912,82.4804,76.0922,4.2749,75.9964,77.7428,81.7886,84.7175,89.1242,34.4516,84.9826,88.6255,85.7538,88.955,87.8001,83.8027,84.2183,87.9759,8.6223,55.1486,83.6887,30.1962,77.3541,78.7096,76.9663,75.9393,79.5375,87.2281,86.5843,26.268],"persistence":[null,null,33.3333,0.0,20.0,33.3333,14.2857,25.0,37.5,37.5,37.5,37.5,12.5,0.0,0.0,25.0,37.5,62.5,87.5,75.0,50.0,37.5,12.5,12.5,37.5,62.5,87.5,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,50.0,25.0,25.0,25.0,0.0],"assessmentRisk":[null,null,null,null,19.059,9.3038,20.5029,9.9868,21.7656,8.9948,30.32,22.42,27.4332,41.9434,36.795,17.5245,24.5607,23.0295,16.2309,47.927,16.7072,17.3448,21.1368,17.4053,17.8726,22.633,19.8544,15.5716,16.3637,18.8734,15.73,29.8017,2.3993,23.4026,36.0022,33.0459,32.4988,21.1891,20.0601,53.3658],"volumeParticipation":true,"latest":{"consensus":-19.2,"control":-27.2,"force":-73.5,"direction":-28.8,"confirmation":26.3,"persistence":0.0,"assessmentRisk":53.4,"intensity":59.0,"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":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-19.2","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-27.2","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-73.5","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-28.8","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":"63.9","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"1.5%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"19.1","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"83%","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 upward.","series":[{"label":"Close","values":[23.9975,24.695,24.8975,24.6025,24.7425,24.97,24.71,25.0425,24.9175,25.04,25.1325,24.6275,24.58,24.6425,24.565,24.4575,24.2625,24.0425,23.605,23.885,24.635,25.3375,25.4925,25.6725,25.9175,26.0175,26.0425,26.2125,26.075,25.995,26.4025,26.08,26.185,26.275,25.8075,25.7525,25.6125,26.32,26.55,26.1775],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,24.402,24.5052,24.5425,24.6334,24.685,24.7496,24.8192,24.7843,24.7472,24.7282,24.6985,24.6547,24.5834,24.485,24.325,24.245,24.3159,24.5017,24.6818,24.8619,25.0539,25.2291,25.377,25.5289,25.6282,25.6949,25.8235,25.8702,25.9274,25.9906,25.9573,25.9201,25.8642,25.947,26.0567,26.0786],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,24.5006,24.5111,24.5151,24.5108,24.4924,24.4591,24.3958,24.358,24.3785,24.4495,24.5268,24.6117,24.7084,24.8054,24.897,24.9945,25.0745,25.1427,25.236,25.2985,25.3642,25.4316,25.4595,25.4812,25.4909,25.5523,25.6262,25.6671],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,25.3478,25.3935,25.3615,25.3335,25.3077,25.2848,25.2678,25.2679,25.2919,25.3803,25.3877,25.3762,25.4718,25.5758,25.7286,25.9148,26.088,26.259,26.4332,26.5693,26.6751,26.8416,26.9467,27.0536,27.161,27.195,27.2083,27.1823,27.1718,27.0328,26.7749],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,24.1752,24.1969,24.201,24.198,24.2062,24.2035,24.1847,24.1301,24.0331,23.8333,23.7538,23.829,23.7977,23.7532,23.7074,23.6387,23.5703,23.5325,23.4753,23.4549,23.4447,23.4052,23.4453,23.4989,23.5547,23.645,23.7612,23.9222,24.1604,24.594,25.0811],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price 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,101.2106,83.4467,94.5579,77.6069,43.0771,39.8291,44.1026,38.8036,31.4531,18.1198,3.077,0.0,17.9687,57.0313,93.6198,100.0,98.956,100.1052,98.5089,99.503,98.4347,93.3702,90.4236,100.0,88.7336,92.4017,95.5458,79.214,77.2926,72.4017,97.1179,99.6689,83.4652],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,0.0499,-0.7271,-0.239,-1.2863,-3.2698,-3.4564,-3.2109,-3.5153,-3.9375,-4.7034,-5.5676,-7.2859,-6.1862,-3.2404,-0.4811,0.0,-0.0876,0.0096,-0.1439,-0.048,-0.1619,-0.6856,-0.9903,0.0,-1.2215,-0.8238,-0.4829,-2.2536,-2.4619,-2.9921,-0.3125,-0.0377,-1.9569],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,4.3546,3.8337,4.3442,4.7297,2.6253,2.4273,2.6878,2.3648,1.9169,1.1043,0.1875,0.0,1.4656,4.6517,7.6359,8.2944,9.059,10.0998,10.5246,10.6308,11.353,10.7689,10.4291,12.1601,10.7901,11.2362,11.6185,9.6325,9.3989,8.8042,11.8097,12.7867,11.2043],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,412.1453,359.1632,16.6876,9.3757,196.2659,39.1292,0.0,14.5014,249.6668,218.5737,1.5983,0.0,34.3271,32.6505,0.0,1.8173,125.6017,4.7711,17.7778,28.483,134.8474,7.8049,419.8982,0.0,8.3527,0.0,0.0,0.0,192.3077,364.1937,248.5207,25.4912,126.3482],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,89.5455,91.4784,92.4742,69.6298,65.2952,65.2952,65.0,65.0,65.0,65.0,65.0,66.3653,67.6843,67.6843,67.7538,72.729,72.9142,73.6084,74.6729,79.0696,78.8845,66.481,66.481,66.2727,66.2727,66.2727,66.2727,65.0,65.0,69.2011,69.6376,67.4006],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,22.2108,23.554,24.6305,24.4768,25.0866,24.3499,23.872,23.6064,22.1157,21.4022,19.9639,19.285,19.0505,19.0719],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,13.2662,14.5758,13.8023,12.6426,11.7312,10.8101,10.1519,21.29,29.8723,31.2951,33.4184,35.8372,37.4779,36.7018,39.3744,38.2292,35.6378,41.0349,37.3703,38.7676,40.0033,35.9456,38.8194,33.4893,36.8129,39.0734,37.9134],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,17.4457,16.5226,18.5444,20.3735,20.9708,26.9581,26.4639,23.0856,20.3835,19.6255,18.8141,18.02,17.5592,17.1955,16.4695,16.9254,22.5566,20.6651,27.75,27.1309,26.5834,34.0304,30.4227,34.3481,29.8418,28.2927,25.62],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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":"momentum","eyebrow":"Momentum pressure","title":"Directional pressure and rotation","description":"Two independent momentum views show whether pressure is broadening, fading or stretched.","reason":"Selected because momentum has changed character across the latest observations.","series":[{"label":"Momentum","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,83.3849,81.5956,78.313,74.6634,67.8879,69.7781,74.1649,77.4645,78.1283,78.9053,79.9495,80.3764,80.4883,81.2701,78.5292,76.9041,79.2587,72.9224,73.6607,74.3074,65.3345,64.35,61.7973,68.5804,70.4192,63.897],"stroke":"#063b66","width":2.0},{"label":"Rotation","values":[null,null,null,null,null,null,72.519,101.2106,83.4467,94.5579,77.6069,43.0771,39.8291,44.1026,31.9393,12.4453,7.8847,0.0,0.0,17.9687,57.0313,93.6198,100.0,98.956,100.1052,98.5089,99.503,98.4347,93.3702,90.4236,100.0,88.7336,92.4017,94.9754,67.0817,42.8573,34.1666,93.125,99.2634,65.1085],"stroke":"#1678a7","width":1.5},{"label":"Rotation signal","values":[null,null,null,null,null,null,null,86.8648,85.7254,93.0717,85.2039,71.7473,53.5044,42.3363,38.6237,29.4957,17.4231,6.7767,2.6282,5.9896,25.0,56.2066,83.5504,97.5253,99.6871,99.19,99.3724,98.8155,97.1026,94.0762,94.598,93.0524,93.7118,92.0369,84.8196,68.3048,48.0352,56.7163,75.5183,85.8323],"stroke":"#b87806","width":1.4}],"guides":[{"label":"Upper zone","values":[70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0,70.0],"stroke":"#c13f3f","width":1.0,"dash":[6,5]},{"label":"Centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]},{"label":"Lower zone","values":[30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0,30.0],"stroke":"#07865c","width":1.0,"dash":[6,5]}],"dates":["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,1.6901,1.6623,1.6373,1.6731,1.6896,1.7342,1.6946,1.7489,1.7883,1.7142,1.6488,1.5834,1.503,1.4238,1.3715,1.3186,1.3174,1.3147,1.3571,1.2837,1.2124,1.2756,1.3278,1.437,1.4946,1.4511,1.5092],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,4.7352,4.8259,4.6832,4.5848,4.4493,4.3697,4.3803,4.6067,5.1039,6.2869,6.6497,6.2886,6.7955,7.3893,8.1774,9.1867,10.14,10.9519,11.8534,12.4515,12.8905,13.6779,13.8965,14.0632,14.2217,13.9654,13.5263,12.7583,11.7329,9.448,6.5326],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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/ecc425e0-acaf-414a-a889-2a6a283a0135/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/ecc425e0-acaf-414a-a889-2a6a283a0135/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/ecc425e0-acaf-414a-a889-2a6a283a0135/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/ecc425e0-acaf-414a-a889-2a6a283a0135/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/ecc425e0-acaf-414a-a889-2a6a283a0135/technical-pack/data.json"},"source_fingerprint":"165a73301a8db85051541619f7051d21060286818ecc05642ca194a319449346","content_hash":"34aaba6728fdceea83c49afbfedd9bf6ad8b35410939295cbc9c67aaced5b76d","citation":"Sharemaestro, HEQQ Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/ecc425e0-acaf-414a-a889-2a6a283a0135/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."}