{"schema_version":"1.0","name":"NVIT Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"f4973164-74a1-411b-93de-d459c2cc98c2","symbol":"NVIT","name":"YIELDMAX(R) NVDA PERFORMANCE & DISTRIBUTION TARGET 25(TM) ETF","exchange":"CBOE","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","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, Activity pressure and cumulative balance, Range pressure and compression, Directional strength and control, Range position and boundary pressure, Drawdown and recovery 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":"2026-08-21","observations":40,"displayedObservations":40,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","evidenceAlignment":{"status":"Evidence aligned","headline":"Upward price structure retains strong Market Dynamics support","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. The completed evidence supports the upward price structure.","take":"The advance remains supported. Reclassify it only if the broader Market Dynamics path weakens or price structure breaks.","tone":"positive","conflict":false},"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":[0.362097,0.41508,0.412144,0.321866,0.145038,-0.001982,-0.214324,-0.294183,-0.239671,-0.079187,0.085259,0.172153],"opens":[50.436322,48.959873,48.770981,49.284212,45.696338,46.168738,48.368903,48.523402,47.527563,47.232744,50.996845,51.157999],"highs":[53.470611,49.724751,49.509493,49.439652,46.975386,48.616928,48.932596,49.52831,47.591312,51.115277,51.356919,51.197803],"lows":[48.601447,47.210688,48.062868,45.764765,45.190881,45.102451,46.839579,47.578216,45.288534,47.232646,50.133048,49.4352],"closes":[48.601447,48.310139,49.10083,45.764765,45.890247,48.616928,47.666458,48.380823,47.33131,51.044277,51.038587,49.4352],"hoverRows":[[{"label":"Open","value":"50.4","className":"is-ohlc","compact":true},{"label":"High","value":"53.5","className":"is-ohlc","compact":true},{"label":"Low","value":"48.6","className":"is-ohlc","compact":true},{"label":"Close","value":"48.6","className":"is-ohlc","compact":true},{"label":"Market 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strengthening","context":{"scenario":"positiveSustained","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":"Sustained positive support","detail":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","annotations":[{"label":"Current tape relationship","value":"Sustained positive support","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"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":"Supported","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":12,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-07-10","price":48.616928},{"date":"2026-08-07","price":51.044277}],"reversal_dangers":[{"date":"2026-07-17","price":47.666458},{"date":"2026-08-14","price":51.038587}]}},"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":[42.4281,42.3279,43.4192,42.0471,43.2212,44.7985,44.5034,44.3748,44.7563,44.6998,45.3328,44.6687,44.3023,45.9464,43.5463,43.9118,44.6098,43.3705,42.3654,44.5856,46.5865,48.4852,49.4395,47.5109,50.3155,52.3512,50.6342,50.004,48.6014,48.3101,49.1008,45.7648,45.8902,48.6169,47.6665,48.3808,47.3313,51.0443,51.0386,49.4352],"consensus":[-58.5157,19.3862,26.9044,-58.0,21.2604,38.2087,9.7406,9.9996,28.6004,19.3607,29.8693,0.0,-11.0319,44.0536,-40.8109,0.0,12.1405,-37.0073,-38.4082,34.4643,49.0141,63.4342,54.5277,-10.7305,67.3988,57.011,0.0,12.0149,-23.5564,-12.2712,13.9219,-60.2264,-22.8707,36.6865,-18.1807,15.9274,0.0,60.8318,31.2047,21.9147],"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,41.6925,2.2721,1.443,27.6991,26.1755,29.7711,0.0,-13.9587,47.8173,-38.6784,0.0,12.5438,-34.6293,-39.7352,38.2648,53.5434,67.4164,53.6331,-18.8565,64.8899,52.2171,0.0,3.0777,-22.0034,-5.3094,22.4676,-54.8779,-18.9272,40.7276,-14.1058,8.2725,0.0,59.4442,31.7461,25.6347],"force":[-58.5157,19.3862,26.9044,-58.0,22.8678,28.9304,3.9367,4.5608,24.6634,14.1427,28.783,0.0,-21.092,47.3329,-63.8207,0.0,19.5205,-56.4703,-50.1084,61.042,58.7543,71.1628,52.3137,-67.3862,89.0622,61.5451,0.0,13.5555,-55.1311,-19.5531,19.7029,-93.2006,-7.4739,68.5711,-30.7623,23.808,0.0,91.8522,14.4894,69.6774],"direction":[null,null,null,null,20.1123,40.8545,28.0455,33.477,32.4426,15.2996,30.7576,0.0,-0.5011,37.4099,-26.8124,0.0,6.4081,-25.8228,-28.5344,11.137,36.8805,53.3627,57.1314,-39.0247,54.7922,59.2511,0.0,40.4933,-2.7778,-15.0263,0.0261,-42.7858,-38.3754,9.2934,-13.8507,19.0469,0.0,40.2601,42.5255,16.4528],"intensity":[null,null,null,null,25.0,80.0,16.6667,14.2857,25.0,44.4444,70.0,100.0,91.6667,61.5385,85.7143,73.3333,18.75,41.1765,44.4444,84.2105,85.0,85.7143,45.4545,60.8696,100.0,100.0,53.8462,59.2593,78.5714,96.5517,16.6667,93.5484,81.25,87.8788,47.0588,11.4286,69.4444,94.5946,89.4737,35.8974],"confirmation":[41.3917,28.8703,31.2761,41.2267,52.2101,79.8909,26.3205,26.8779,77.0459,73.9326,77.5266,3.2963,49.1255,82.1398,81.7932,24.7172,49.4371,80.4717,80.627,79.7807,83.9123,88.4738,85.395,36.0285,90.2661,86.4548,33.2738,6.0935,53.8573,49.5881,49.8343,88.3589,52.2428,80.6498,74.2633,73.4536,25.1333,88.4327,77.4678,42.5883],"persistence":[null,null,33.3333,0.0,20.0,33.3333,42.8571,50.0,75.0,75.0,75.0,87.5,62.5,62.5,37.5,25.0,25.0,0.0,25.0,12.5,12.5,12.5,37.5,25.0,25.0,50.0,62.5,62.5,37.5,12.5,12.5,12.5,12.5,12.5,25.0,25.0,12.5,12.5,12.5,12.5],"assessmentRisk":[null,null,null,null,21.5542,29.8779,34.3452,44.2052,32.4717,15.406,23.3306,15.2121,19.8856,22.5196,25.5633,28.7364,8.4876,30.7616,22.6142,8.806,21.1312,18.2285,22.7329,53.4132,15.2939,20.5545,30.967,39.9009,26.9656,43.0892,44.008,18.8254,34.0114,10.1303,24.0308,36.9323,36.8877,12.7288,32.2272,37.7382],"volumeParticipation":true,"latest":{"consensus":21.9,"control":25.6,"force":69.7,"direction":16.5,"confirmation":42.6,"persistence":12.5,"assessmentRisk":37.7,"intensity":35.9,"evidenceDepth":100},"analysis":{"status":"Joint 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Control, force and direction support the same upward assessment.","take":"Current assessment: upward pressure has broad support.","tone":"positive","supportedView":"Price structure and Market Dynamics","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":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+21.9","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+25.6","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+69.7","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+16.5","detail":"Upward 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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,5.6473,6.1603,6.0135,5.881,6.0972,6.2465,5.9691,5.7051,5.4001,5.2496,5.5782,5.3977,5.3928,5.521,5.4145,5.8884,5.8725,5.5757,6.1284,5.9529,5.734,5.7442,5.5431,5.7279,5.4752,5.256,5.2935],"stroke":"#c13f3f","width":1.9},{"label":"Envelope 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}