{"schema_version":"1.0","name":"301638 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"f697d355-7354-4a94-bc4b-8181d631c4be","symbol":"301638","name":"CSG Digital Power Grid Research Institute Co.,Ltd.","exchange":"SHZ","country":"CN","asset_type":"equity","currency":"CNY","sector":"Technology","industry":"Information Technology Services"},"summary":"Market Dynamics weakened this week and remains below zero. The broader path remains constructive, so one softer week does not by itself establish weakening confirmation. 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, Drawdown and recovery pressure, Activity pressure and cumulative balance, Range position and boundary pressure, Range pressure and compression, Directional strength and control."},{"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":39,"displayedObservations":39,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics weakened this week and remains below zero. The broader path remains constructive, so one softer week does not by itself establish weakening confirmation. Price structure remains downward.","evidenceAlignment":{"status":"Countertrend conflict","headline":"Improving Market Dynamics is challenging the downward price structure","summary":"Market Dynamics weakened this week and remains below zero. The broader path remains constructive, so one softer week does not by itself establish weakening confirmation. 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":["2026-06-12","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":[-0.529752,-0.76039,-0.997184,-1.100181,-1.184639,-1.343559,-1.236296,-1.062876,-0.91995,-0.816178,-0.868619],"opens":[23.941296,24.739339,24.379999,23.32,22.16,21.4,20.67,22.780001,24.65,23.719999,23.049999],"highs":[24.819143,26.465108,24.85,23.879999,22.780001,21.549999,25.92,25.0,25.09,24.25,23.280001],"lows":[23.552251,24.350293,23.68,23.129999,22.0,20.41,20.67,22.4,23.32,22.780001,21.799999],"closes":[24.539829,26.435181,23.68,23.450001,22.309999,20.67,23.0,24.129999,23.74,23.25,22.23],"hoverRows":[[{"label":"Open","value":"23.9","className":"is-ohlc","compact":true},{"label":"High","value":"24.8","className":"is-ohlc","compact":true},{"label":"Low","value":"23.6","className":"is-ohlc","compact":true},{"label":"Close","value":"24.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.53","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.7","className":"is-ohlc","compact":true},{"label":"High","value":"26.5","className":"is-ohlc","compact":true},{"label":"Low","value":"24.4","className":"is-ohlc","compact":true},{"label":"Close","value":"26.4","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":"24.4","className":"is-ohlc","compact":true},{"label":"High","value":"24.9","className":"is-ohlc","compact":true},{"label":"Low","value":"23.7","className":"is-ohlc","compact":true},{"label":"Close","value":"23.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.00","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"23.3","className":"is-ohlc","compact":true},{"label":"High","value":"23.9","className":"is-ohlc","compact":true},{"label":"Low","value":"23.1","className":"is-ohlc","compact":true},{"label":"Close","value":"23.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.10","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"22.2","className":"is-ohlc","compact":true},{"label":"High","value":"22.8","className":"is-ohlc","compact":true},{"label":"Low","value":"22.0","className":"is-ohlc","compact":true},{"label":"Close","value":"22.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.18","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"21.4","className":"is-ohlc","compact":true},{"label":"High","value":"21.5","className":"is-ohlc","compact":true},{"label":"Low","value":"20.4","className":"is-ohlc","compact":true},{"label":"Close","value":"20.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.34","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.7","className":"is-ohlc","compact":true},{"label":"High","value":"25.9","className":"is-ohlc","compact":true},{"label":"Low","value":"20.7","className":"is-ohlc","compact":true},{"label":"Close","value":"23.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.24","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"22.8","className":"is-ohlc","compact":true},{"label":"High","value":"25.0","className":"is-ohlc","compact":true},{"label":"Low","value":"22.4","className":"is-ohlc","compact":true},{"label":"Close","value":"24.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-1.06","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"24.6","className":"is-ohlc","compact":true},{"label":"High","value":"25.1","className":"is-ohlc","compact":true},{"label":"Low","value":"23.3","className":"is-ohlc","compact":true},{"label":"Close","value":"23.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.92","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"23.7","className":"is-ohlc","compact":true},{"label":"High","value":"24.2","className":"is-ohlc","compact":true},{"label":"Low","value":"22.8","className":"is-ohlc","compact":true},{"label":"Close","value":"23.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.82","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"23.0","className":"is-ohlc","compact":true},{"label":"High","value":"23.3","className":"is-ohlc","compact":true},{"label":"Low","value":"21.8","className":"is-ohlc","compact":true},{"label":"Close","value":"22.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.87","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":[20.324089,26.781092],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.868619,"state":"Negative but repairing over four weeks","context":{"scenario":"negativeRepair","latestDirection":"easing","fourWeekDirection":"strengthening","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeek":{"label":"Strengthened over four weeks","detail":"The broader path remains constructive, so one softer week does not by itself establish weakening confirmation."},"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 weakened this week and 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":"The broader path remains constructive, so one softer week does not by itself establish weakening confirmation.","tone":"positive"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-21","observations":27,"relationship":{"sameWeekCorrelation":0.23,"forwardCorrelation":0.17,"directionalAgreement":42.9,"sample":7,"correlationSample":26,"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":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":12.5,"averageReturn":12.5,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"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":11.3,"sample":1},{"week":2,"averageReturn":16.7,"sample":1},{"week":3,"averageReturn":14.9,"sample":1},{"week":4,"averageReturn":12.5,"sample":1},{"week":5,"averageReturn":7.5,"sample":1},{"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":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-21.8,"averageReturn":-21.8,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"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":-10.4,"sample":1},{"week":2,"averageReturn":-11.3,"sample":1},{"week":3,"averageReturn":-15.6,"sample":1},{"week":4,"averageReturn":-21.8,"sample":1},{"week":5,"averageReturn":-13.0,"sample":1},{"week":6,"averageReturn":-8.7,"sample":1},{"week":7,"averageReturn":-10.2,"sample":1},{"week":8,"averageReturn":-12.0,"sample":1},{"week":9,"averageReturn":-15.9,"sample":1},{"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":42.6,"averageExpectedMove":42.6,"averageWeeksToLargestMove":4.5,"horizons":[{"weeks":4,"sample":2,"expectedCount":1,"expectedPercent":50.0,"averageReturn":9.4,"medianReturn":9.4,"confidenceLow":9.5,"confidenceHigh":90.5,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":10.6,"medianReturn":10.6,"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":12.8,"sample":2},{"week":2,"averageReturn":18.2,"sample":2},{"week":3,"averageReturn":10.9,"sample":2},{"week":4,"averageReturn":9.4,"sample":2},{"week":5,"averageReturn":7.2,"sample":2},{"week":6,"averageReturn":18.4,"sample":2},{"week":7,"averageReturn":30.5,"sample":2},{"week":8,"averageReturn":18.5,"sample":2},{"week":9,"averageReturn":13.4,"sample":2},{"week":10,"averageReturn":7.0,"sample":2},{"week":11,"averageReturn":1.2,"sample":2},{"week":12,"averageReturn":10.6,"sample":2},{"week":13,"averageReturn":7.0,"sample":2},{"week":14,"averageReturn":5.6,"sample":2},{"week":15,"averageReturn":1.9,"sample":2},{"week":16,"averageReturn":-4.0,"sample":2},{"week":17,"averageReturn":3.3,"sample":1},{"week":18,"averageReturn":8.4,"sample":1},{"week":19,"averageReturn":6.6,"sample":1},{"week":20,"averageReturn":4.4,"sample":1},{"week":21,"averageReturn":-0.1,"sample":1},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":2,"completedEpisodes":0,"activeEpisodes":2,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-9.1,"medianReturn":-9.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"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":7.7,"sample":1},{"week":2,"averageReturn":-3.5,"sample":1},{"week":3,"averageReturn":-4.4,"sample":1},{"week":4,"averageReturn":-9.1,"sample":1},{"week":5,"averageReturn":-15.8,"sample":1},{"week":6,"averageReturn":-6.3,"sample":1},{"week":7,"averageReturn":-1.7,"sample":1},{"week":8,"averageReturn":-3.3,"sample":1},{"week":9,"averageReturn":-5.3,"sample":1},{"week":10,"averageReturn":-9.4,"sample":1},{"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":-1.6,"sample":1},{"week":2,"averageReturn":-3.6,"sample":1},{"week":3,"averageReturn":-7.9,"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}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":3,"completedEpisodes":2,"activeEpisodes":1,"medianExpectedMove":55.4,"averageExpectedMove":55.4,"averageWeeksToLargestMove":6.0,"horizons":[{"weeks":4,"sample":3,"expectedCount":1,"expectedPercent":33.3,"averageReturn":15.6,"medianReturn":-1.9,"confidenceLow":6.1,"confidenceHigh":79.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":14.2,"medianReturn":14.2,"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":3.5,"sample":3},{"week":2,"averageReturn":6.8,"sample":3},{"week":3,"averageReturn":11.3,"sample":3},{"week":4,"averageReturn":15.6,"sample":3},{"week":5,"averageReturn":12.1,"sample":3},{"week":6,"averageReturn":7.8,"sample":3},{"week":7,"averageReturn":17.6,"sample":3},{"week":8,"averageReturn":23.1,"sample":3},{"week":9,"averageReturn":21.5,"sample":3},{"week":10,"averageReturn":13.0,"sample":3},{"week":11,"averageReturn":8.6,"sample":3},{"week":12,"averageReturn":14.2,"sample":2},{"week":13,"averageReturn":14.7,"sample":2},{"week":14,"averageReturn":13.8,"sample":2},{"week":15,"averageReturn":16.0,"sample":2},{"week":16,"averageReturn":12.3,"sample":2},{"week":17,"averageReturn":7.1,"sample":2},{"week":18,"averageReturn":10.3,"sample":2},{"week":19,"averageReturn":16.5,"sample":1},{"week":20,"averageReturn":14.6,"sample":1},{"week":21,"averageReturn":12.3,"sample":1},{"week":22,"averageReturn":7.3,"sample":1},{"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":"Countertrend conflict","tone":"caution","headline":"Market Dynamics is repairing against a downward price structure","use":"The downside structure remains in place, but improving Market Dynamics weakens that case. A positive price response is needed to confirm the repair.","confirm":"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.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"The broader path remains constructive, so one softer week does not by itself establish weakening confirmation."},"priceContext":{"label":"Price remains in a downward structure","detail":"Improving Market Dynamics has not yet produced a positive price response."}},"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":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 55.4% across 2 completed cases, with the largest move arriving after 6.0 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"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","2026-02-27","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":[22.2,24.72,20.9,21.1,19.21,19.62,18.81,20.71,22.26,22.04,21.01,20.31,21.71,22.43,28.38,31.86,29.27,27.21,25.51,26.4,28.6,26.9539,28.5001,30.0164,28.969,28.2607,28.131,25.3578,24.5398,26.4352,23.68,23.45,22.31,20.67,23.0,24.13,23.74,23.25,22.23],"consensus":[12.1719,24.3243,-81.4159,0.0,-29.6284,-16.1061,-23.3645,14.8419,18.3919,0.0,0.0,-15.9286,11.5618,15.0607,72.5036,62.1902,0.0,0.0,-17.4141,9.5428,30.4795,-10.3928,33.9445,33.0572,0.0,0.0,0.0,-37.1833,-18.1632,14.226,-47.3863,-24.3132,-33.7903,-49.4208,0.0,11.0699,-11.1929,-9.473,-28.7324],"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","2026-02-27","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,-10.6753,-27.9799,22.8702,13.113,0.0,0.0,-21.7408,17.3134,18.5332,65.5049,47.4606,0.0,0.0,-19.733,23.4241,36.3199,-14.4758,35.3214,30.5894,0.0,0.0,0.0,-42.0258,-9.1266,27.5051,-54.9491,-23.752,-34.9934,-52.5859,0.0,13.6819,-18.9188,-19.8769,-33.3974],"force":[12.1719,24.3243,-81.4159,0.0,-21.2425,-7.1263,-15.4762,28.2161,23.4064,0.0,0.0,-15.9328,16.2401,13.3404,93.9037,71.7755,0.0,0.0,-33.0925,7.5007,35.8613,-31.947,35.1592,27.4824,0.0,0.0,0.0,-37.1864,-6.4197,32.6146,-42.7032,-8.5449,-18.1868,-33.8977,0.0,27.3865,-12.1026,-6.2753,-24.058],"direction":[null,null,null,null,-35.6184,-28.7267,-23.7242,3.8862,20.8432,0.0,0.0,-9.2831,1.647,12.3208,65.2163,72.1775,0.0,0.0,-3.5652,4.8628,19.9607,-9.6693,31.5033,39.8596,0.0,0.0,0.0,-31.6467,-36.8789,14.0847,-42.0881,-36.2178,-43.5606,-56.8915,0.0,3.5699,-1.7136,-0.1331,-26.7397],"intensity":[null,null,null,null,25.0,20.0,16.6667,57.1429,87.5,33.3333,40.0,9.0909,41.6667,15.3846,100.0,100.0,68.75,64.7059,88.8889,26.3158,75.0,38.0952,36.3636,69.5652,54.1667,64.0,34.6154,85.1852,39.2857,48.2759,73.3333,19.3548,25.0,36.3636,91.1765,42.8571,16.6667,10.8108,23.6842],"confirmation":[26.5617,30.4504,48.7198,2.4041,54.4311,50.2964,75.1659,51.1971,74.1187,3.3488,26.8956,73.0087,49.088,72.7141,91.96,88.4174,33.358,31.0386,51.3483,26.484,77.8285,28.6498,78.8783,78.446,29.0583,3.3915,1.3691,79.825,50.9254,30.5818,82.9056,75.3082,78.319,83.2933,30.2559,50.0948,48.8251,25.4704,84.9808],"persistence":[null,null,33.3333,25.0,0.0,16.6667,28.5714,12.5,12.5,25.0,12.5,25.0,0.0,25.0,50.0,50.0,37.5,37.5,25.0,50.0,50.0,25.0,25.0,25.0,25.0,25.0,37.5,12.5,12.5,12.5,12.5,37.5,50.0,62.5,62.5,37.5,37.5,62.5,62.5],"assessmentRisk":[null,null,null,null,27.8182,41.0596,27.541,16.9385,36.4077,42.6056,45.8961,3.4375,21.3631,4.0611,13.6215,18.9038,48.1399,48.9641,33.5922,53.94,29.4155,0.2201,25.6172,29.1293,10.3869,24.5175,9.6932,30.6467,40.5437,47.8974,25.8298,29.234,27.2613,25.2522,22.3011,14.6689,42.7425,51.7294,9.3661],"volumeParticipation":true,"latest":{"consensus":-28.7,"control":-33.4,"force":-24.1,"direction":-26.7,"confirmation":85.0,"persistence":62.5,"assessmentRisk":9.4,"intensity":23.7,"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":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-28.7","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-33.4","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-24.1","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-26.7","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"85/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"49.6","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"13.1%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"27.9","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 downward.","series":[{"label":"Close","values":[22.2,24.72,20.9,21.1,19.21,19.62,18.81,20.71,22.26,22.04,21.01,20.31,21.71,22.43,28.38,31.86,29.27,27.21,25.51,26.4,28.6,26.9539,28.5001,30.0164,28.969,28.2607,28.131,25.3578,24.5398,26.4352,23.68,23.45,22.31,20.67,23.0,24.13,23.74,23.25,22.23],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,21.5855,21.2281,20.7884,20.7742,21.0443,21.2254,21.1862,21.0269,21.1511,21.3836,22.6557,24.3292,25.2275,25.588,25.5738,25.724,26.2469,26.3755,26.7618,27.3535,27.6472,27.7588,27.8265,27.3776,26.8617,26.7841,26.2197,25.7161,25.0968,24.292,24.0571,24.0703,24.0103,23.872,23.5735],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,21.4825,21.5527,22.0584,22.7845,23.2649,23.5571,23.7018,23.9016,24.2497,24.45,24.75,25.1401,25.4237,25.6339,25.8188,25.7847,25.6925,25.7475,25.5943,25.4355,25.204,24.8681,24.7298,24.6853,24.6153,24.5142,24.345],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,24.4863,24.3191,24.1491,24.0968,24.16,26.2612,28.9458,29.9397,30.279,30.3063,30.4328,31.095,31.3355,31.8725,32.5977,32.9155,33.0565,32.9558,32.7783,32.6954,32.6145,32.3687,31.9713,31.8893,32.1512,32.0579,31.1711,30.7687,30.644,30.6892],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,17.8277,17.9682,17.9992,18.1494,18.2729,17.1268,15.7129,15.5356,15.6932,15.9316,16.1332,16.111,16.0939,16.3169,16.4833,17.1414,17.8646,18.8973,19.5396,19.8505,20.3709,20.8837,21.5951,21.7371,21.2992,20.8545,20.9683,20.8177,20.5464,20.1732],"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","2026-02-27","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":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[0.0,0.0,-15.4531,-14.644,-22.2896,-20.6311,-23.9078,-16.2217,-9.9515,-10.8414,-15.0081,-17.8398,-12.1764,-9.2638,0.0,0.0,-8.1293,-14.5951,-19.931,-17.1375,-10.2323,-15.3989,-10.5458,-5.7866,-9.0742,-11.2972,-11.7043,-20.4086,-22.9761,-17.0271,-25.6748,-26.3967,-29.9749,-35.1224,-27.8092,-24.2624,-25.4865,-27.0245,-30.226],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,10.101,18.3413,17.1717,11.6959,7.9745,15.4173,19.2451,50.8772,69.378,55.6087,44.6571,35.6194,40.3509,52.0468,43.2956,51.5158,59.5768,54.0083,50.243,49.5536,34.8103,30.4616,40.5379,25.8905,24.6677,9.8474,1.7725,13.2447,18.8085,16.8882,12.4819,7.5472],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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","2026-02-27","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,63.9976,104.5416,72.494,45.1047,35.1026,38.6907,43.8832,134.6749,201.0569,108.3103,107.3991,49.0346,37.4089,98.7114,83.4821,62.9464,65.3526,114.7655,80.495,66.0858,9.5813,13.237,45.3941,8.3795,7.331,8.4812,7.8106,76.9266,76.4728,86.7824,66.0287,46.7704],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,135.0,127.1866,122.5782,119.1915,122.7429,126.6043,135.0,135.0,128.6664,122.3586,119.558,121.6265,126.668,122.7924,125.5605,128.3324,123.3802,119.9094,117.0188,116.6182,116.1075,117.7903,117.49,117.2338,116.9453,116.6876,119.0347,120.9957,118.9567,117.5677,116.6273],"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],"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","2026-02-27","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,31.165,46.2136,44.0777,34.0777,27.2815,40.8738,47.8641,100.0,79.3809,65.0636,53.6761,44.2786,49.1985,61.3599,52.2604,60.8077,69.1896,63.3995,59.4843,56.0978,39.7753,34.9607,46.1164,29.8999,28.5462,20.8582,3.9279,18.9311,26.2073,23.6961,18.7088,11.9895],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-25.5036,-19.9281,-20.7194,-24.4245,-26.9424,-21.9065,-19.3165,0.0,-10.4805,-17.7578,-23.5459,-28.3226,-25.8219,-19.6403,-24.2655,-19.921,-15.6606,-18.6036,-20.5937,-20.9581,-28.7501,-31.0485,-25.723,-33.4645,-34.1107,-37.3139,-41.9219,-35.3751,-32.2001,-33.2959,-34.6727,-37.5386],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,18.3429,27.2,25.9429,20.0571,16.0571,24.0571,28.1714,62.1714,82.0571,67.2571,55.4857,45.7714,50.8571,63.4286,54.0223,62.8578,71.5223,65.537,61.4897,51.2421,36.3324,31.9346,42.1246,27.3118,26.0753,18.6071,3.0409,14.656,20.2891,18.345,13.9147,8.9172],"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],"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","2026-02-27","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,20.732,16.8208,15.5297,16.7751,18.1291,18.5496,17.1282,15.6579,16.0116,14.7688,13.6692,14.3177,14.4955,14.2744,15.5193,15.4167,13.8605,15.1991,14.4803,14.5973,15.2866,14.3872,13.5035,13.2776,13.0406,13.1403],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,31.4719,30.0369,29.1825,28.1561,27.7478,42.1054,59.2623,63.3495,63.4549,62.1769,61.4168,63.4835,64.2706,64.5603,65.6647,63.0248,59.6685,54.2242,50.609,48.8905,46.2152,43.1339,38.7411,37.8627,40.6056,42.3472,39.1363,38.5796,39.4512,41.3506],"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","2026-02-27","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,43.6578,42.6886,40.9519,39.8435,38.4869,36.9572,34.9954,32.5163,31.6711,30.8862,30.1855,29.2658,27.9315],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,7.2797,14.8442,23.7079,22.1835,20.5035,19.8474,19.2862,23.0121,22.1724,21.1102,23.7563,25.67,24.134,22.8621,21.6617,20.9232,23.2694,21.997,21.65,20.9614,20.0611,27.2207,25.6692,24.8436,23.9832,23.1153],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,3.797,3.4345,3.0771,2.8792,6.3101,8.3271,8.3918,7.8684,7.5813,7.8106,7.4403,6.8345,8.5997,10.2226,11.6413,14.4274,13.8326,14.4065,15.3362,17.3269,20.177,17.8904,16.8708,16.1941,16.9054,18.69],"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","2026-02-27","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/f697d355-7354-4a94-bc4b-8181d631c4be/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/f697d355-7354-4a94-bc4b-8181d631c4be/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/f697d355-7354-4a94-bc4b-8181d631c4be/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/f697d355-7354-4a94-bc4b-8181d631c4be/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/f697d355-7354-4a94-bc4b-8181d631c4be/technical-pack/data.json"},"source_fingerprint":"b9666352f807c2eda1a97447596a9805f49ba751af9b4930e09248f6cff06275","content_hash":"a75f77503817fa85ae75b7b2c70be7e2b87011469aedcca08bb5f6afbd7a6440","citation":"Sharemaestro, 301638 Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/f697d355-7354-4a94-bc4b-8181d631c4be/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."}