{"schema_version":"1.0","name":"BMPS Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"f3e32db3-5b9b-450b-a960-83fd6709581e","symbol":"BMPS","name":"Banca Monte dei Paschi di Siena S.p.A.","exchange":"VIE","country":"AT","asset_type":"equity","currency":"EUR","sector":"Financial Services","industry":"Banks - Regional"},"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, Range pressure and compression, Range position and boundary pressure, Directional pressure and rotation."},{"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":20,"displayedObservations":20,"assetType":"Equity","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":["2026-04-03","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"],"values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"opens":[7.415,7.506,7.944,9.176,8.98,9.081,9.331,8.588,8.775,8.951,10.654,10.952,10.852,11.026,11.258,11.304,11.22,11.76,11.548,11.874],"highs":[7.647,8.144,9.203,9.267,9.155,9.447,9.597,8.89,9.308,9.025,10.756,11.018,10.852,11.114,11.326,11.572,11.626,11.838,12.07,12.042],"lows":[7.323,7.404,7.944,8.929,8.958,8.88,9.326,8.488,8.752,8.946,10.634,10.952,10.792,11.026,11.258,11.114,11.22,11.432,11.528,11.862],"closes":[7.323,8.076,9.203,8.982,8.969,9.313,9.398,8.738,9.231,8.974,10.734,10.966,10.828,11.114,11.294,11.176,11.614,11.642,11.89,12.016],"pressureRange":[-0.04,0.04],"priceRange":[7.323,12.016],"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":"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.","tone":"neutral"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"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.","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":"Upper positioning zone","detail":"Price is in the area labelled as the distribution zone on the chart. With limited Market Dynamics history, the label describes location and extension only.","tone":"caution"},{"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":20,"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":["2026-04-03","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":[7.323,8.076,9.203,8.982,8.969,9.313,9.398,8.738,9.231,8.974,10.734,10.966,10.828,11.114,11.294,11.176,11.614,11.642,11.89,12.016],"consensus":[-100.0,81.6216,100.0,-68.6391,56.9915,71.5887,37.8217,-8.0195,68.2286,0.0,80.0932,47.1741,41.0405,67.8344,50.6448,22.8314,67.0039,36.9542,54.3735,54.0651],"supportDates":["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,67.3275,31.4211,-4.6205,66.6473,0.0,74.9191,34.0746,33.738,72.3187,46.8387,10.0285,80.982,34.0648,60.6319,60.6712],"force":[-100.0,81.6216,100.0,-68.6391,1.6621,66.5532,10.5032,-59.8057,84.1567,0.0,83.7667,16.9649,3.1688,40.9151,18.7884,13.3293,46.7818,6.8015,32.513,28.7243],"direction":[null,null,null,null,98.887,80.0553,64.65,-14.5249,58.6587,0.0,83.3825,83.7231,80.9642,81.9376,77.749,63.2924,65.4733,61.7939,62.8356,64.616],"intensity":[null,null,null,null,25.0,40.0,50.0,71.4286,50.0,22.2222,100.0,27.2727,16.6667,30.7692,21.4286,26.6667,56.25,17.6471,33.3333,52.6316],"confirmation":[54.6667,48.7856,54.6667,44.6312,38.7545,90.8198,79.3679,8.4214,90.3427,4.87,93.8206,82.3747,57.9062,88.8183,83.2935,31.9093,88.612,56.2838,84.6379,55.0],"persistence":[null,null,33.3333,0.0,20.0,33.3333,42.8571,25.0,50.0,37.5,37.5,62.5,62.5,62.5,62.5,87.5,87.5,100.0,100.0,100.0],"assessmentRisk":[null,null,null,null,21.2541,13.5522,0.9306,16.636,11.1797,29.0396,7.9722,26.3035,28.8083,15.9888,11.2907,6.8283,11.2675,19.0692,12.8967,18.7102],"volumeParticipation":true,"latest":{"consensus":54.1,"control":60.7,"force":28.7,"direction":64.6,"confirmation":55.0,"persistence":100.0,"assessmentRisk":18.7,"intensity":52.6,"evidenceDepth":77},"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":"Buyer control supports the view","controlPath":"Control support is strengthening","forceState":"Upward commitment","forcePath":"Commitment is strengthening","directionState":"Upward follow-through","persistenceState":"Established","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+54.1","detail":"Price structure has the available support","tone":"positive"},{"label":"SM Control Gauge","value":"+60.7","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+28.7","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+64.6","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"89.7","detail":"Stretched positive","tone":"positive"},{"label":"Risk pressure","value":"3.7%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"99%","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":[7.323,8.076,9.203,8.982,8.969,9.313,9.398,8.738,9.231,8.974,10.734,10.966,10.828,11.114,11.294,11.176,11.614,11.642,11.89,12.016],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,8.1729,8.3802,8.5652,8.5966,8.712,8.7596,9.1186,9.4545,9.7042,9.9605,10.203,10.3799,10.6043,10.793,10.9924,11.1785],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,8.7201,8.8974,9.0749,9.2306,9.4071,9.5727,9.7443,9.9126],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,10.0481,10.6008,11.0436,11.3048,11.5776,11.8298,11.9961,12.2228,12.4084,12.6071,12.7928],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,7.5933,7.3885,7.2742,7.2698,7.258,7.256,7.2937,7.2987,7.3221,7.3365,7.3553],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"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,10.2827,13.9549,-2.4014,-0.1447,3.8354,0.9127,-7.0228,5.642,-2.7841,19.6122,2.1614,-1.2584,2.6413,1.6196,-1.0448,3.9191,0.2411,2.1302,1.0597],"stroke":"#176fa3","width":1.7},{"label":"Cumulative progression","values":[0.0,10.2827,25.6725,22.6546,22.4771,27.1747,28.3354,19.3227,26.0549,22.5454,46.5793,49.7474,47.8629,51.7684,54.2264,52.615,58.5962,58.9786,62.3652,64.0858],"stroke":"#07865c","width":2.0}],"guides":[{"label":"Starting level","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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":[4.4244,9.163,13.6803,3.7631,2.1965,6.0883,2.8836,4.6006,6.0232,0.8803,1.1366,0.6019,0.5541,0.7918,0.6021,4.0981,3.4958,3.4874,4.5585,1.498],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[-1.2407,7.5939,15.8484,-2.1142,-0.1225,2.5548,0.718,1.7466,5.1966,0.257,0.7509,0.1278,-0.2212,0.7981,0.3198,-1.1323,3.5116,-1.0034,2.9616,1.1959],"stroke":"#176fa3","width":1.8}],"guides":[{"label":"Unchanged close","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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,4.2919,4.0559,4.0987,3.9392,3.8981,3.8698,3.6627],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,27.8296,35.7132,41.156,43.4457,45.8663,47.9288,48.755,50.4473,51.5574,52.8548,53.9749],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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"]},{"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,62.2252,83.905,72.6033,99.3592,98.5927,94.8579,100.0,99.2006,90.6802,99.7211,95.6589,96.2081,98.8624],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-8.9507,-3.8137,-6.4916,-0.2045,-0.472,-1.7245,0.0,-0.2825,-3.4221,-0.1032,-1.6557,-1.4913,-0.4474],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,19.3227,26.0549,22.5454,46.5793,49.7474,47.8629,51.7684,54.2264,52.615,58.5962,58.9786,62.3652,64.0858],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"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 is stretched and deserves mean-reversion context.","series":[{"label":"Momentum","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,89.7754,88.3286,89.035,89.0805,89.4962,89.7105],"stroke":"#063b66","width":2.0},{"label":"Rotation","values":[null,null,null,null,null,null,91.2489,62.2252,83.905,72.6033,99.3592,98.5927,94.8579,100.0,99.1841,89.0849,99.6176,94.1493,94.9749,98.4925],"stroke":"#1678a7","width":1.5},{"label":"Rotation signal","values":[null,null,null,null,null,null,null,76.737,79.1264,72.9112,85.2892,90.1851,97.6033,97.8169,98.014,96.0897,95.9622,94.2839,96.2472,95.8722],"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],"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],"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],"stroke":"#07865c","width":1.0,"dash":[6,5]}],"dates":["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"]}]},"canonical_url":"https://sharemaestro.com/terminal/f3e32db3-5b9b-450b-a960-83fd6709581e/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/f3e32db3-5b9b-450b-a960-83fd6709581e/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/f3e32db3-5b9b-450b-a960-83fd6709581e/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/f3e32db3-5b9b-450b-a960-83fd6709581e/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/f3e32db3-5b9b-450b-a960-83fd6709581e/technical-pack/data.json"},"source_fingerprint":"0768f36fbbe145229d94a36d315bfed45db0de2b861cb3d59c0249939b123bd1","content_hash":"3b9b0c6068081bb7fae6f31404cb76ed267ef192d14f20ae7391dbeb90637b02","citation":"Sharemaestro, BMPS Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/f3e32db3-5b9b-450b-a960-83fd6709581e/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."}