{"schema_version":"1.0","name":"TRSL Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"f6d12c06-ba78-4a8d-9bbe-457e21fe1877","symbol":"TRSL","name":"BetaPro 3x Russell 2000 Daily Leveraged Bull Alternative ETF","exchange":"TOR","country":"CA","asset_type":"etf","currency":"CAD","sector":null,"industry":null},"summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","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 position and boundary pressure, Range pressure and compression, Directional strength and control, 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":49,"displayedObservations":49,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","evidenceAlignment":{"status":"Price ahead of underlying support","headline":"The upward price response is leading Market Dynamics","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","take":"Treat the gap as an early-downside risk watch. Stronger Market Dynamics would confirm the price move; a weaker price response would confirm that the gap is closing through correction.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":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","2026-08-21"],"values":[-0.185051,-0.230761,-0.126579,-0.003068,0.192592,0.446074,0.541196,0.692466,0.764913,0.716101,0.849077,0.885717,0.888628,0.966423,0.954679,0.892317,0.666807,0.399987,0.210874,0.10314,0.052131],"opens":[18.65,20.27,23.5,26.92,26.9,27.540001,29.43,25.26,29.0,29.18,30.280001,31.469999,32.52,31.4,31.33,30.719999,30.67,30.66,31.629999,31.98,33.169998],"highs":[20.65,22.93,26.870001,27.219999,27.42,29.549999,29.48,28.940001,32.779999,29.200001,31.25,31.469999,32.68,31.4,31.33,30.790001,31.23,30.66,33.799999,33.450001,33.34],"lows":[18.559999,20.07,23.5,26.290001,25.129999,26.6,26.66,24.9,29.0,27.379999,30.24,31.469999,32.0,31.4,30.98,30.530001,29.57,29.15,31.59,31.860001,31.16],"closes":[20.370001,22.68,26.65,27.139999,27.360001,28.889999,26.66,28.77,30.24,27.530001,31.0,31.469999,32.130001,31.4,31.299999,30.76,29.57,29.25,31.59,33.450001,31.16],"hoverRows":[[{"label":"Open","value":"18.6","className":"is-ohlc","compact":true},{"label":"High","value":"20.6","className":"is-ohlc","compact":true},{"label":"Low","value":"18.6","className":"is-ohlc","compact":true},{"label":"Close","value":"20.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.19","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"20.3","className":"is-ohlc","compact":true},{"label":"High","value":"22.9","className":"is-ohlc","compact":true},{"label":"Low","value":"20.1","className":"is-ohlc","compact":true},{"label":"Close","value":"22.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.23","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"23.5","className":"is-ohlc","compact":true},{"label":"High","value":"26.9","className":"is-ohlc","compact":true},{"label":"Low","value":"23.5","className":"is-ohlc","compact":true},{"label":"Close","value":"26.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.13","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.9","className":"is-ohlc","compact":true},{"label":"High","value":"27.2","className":"is-ohlc","compact":true},{"label":"Low","value":"26.3","className":"is-ohlc","compact":true},{"label":"Close","value":"27.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.00","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"26.9","className":"is-ohlc","compact":true},{"label":"High","value":"27.4","className":"is-ohlc","compact":true},{"label":"Low","value":"25.1","className":"is-ohlc","compact":true},{"label":"Close","value":"27.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.19","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"27.5","className":"is-ohlc","compact":true},{"label":"High","value":"29.5","className":"is-ohlc","compact":true},{"label":"Low","value":"26.6","className":"is-ohlc","compact":true},{"label":"Close","value":"28.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.45","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"29.4","className":"is-ohlc","compact":true},{"label":"High","value":"29.5","className":"is-ohlc","compact":true},{"label":"Low","value":"26.7","className":"is-ohlc","compact":true},{"label":"Close","value":"26.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.54","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"25.3","className":"is-ohlc","compact":true},{"label":"High","value":"28.9","className":"is-ohlc","compact":true},{"label":"Low","value":"24.9","className":"is-ohlc","compact":true},{"label":"Close","value":"28.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.69","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"29.0","className":"is-ohlc","compact":true},{"label":"High","value":"32.8","className":"is-ohlc","compact":true},{"label":"Low","value":"29.0","className":"is-ohlc","compact":true},{"label":"Close","value":"30.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.76","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"29.2","className":"is-ohlc","compact":true},{"label":"High","value":"29.2","className":"is-ohlc","compact":true},{"label":"Low","value":"27.4","className":"is-ohlc","compact":true},{"label":"Close","value":"27.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.72","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"30.3","className":"is-ohlc","compact":true},{"label":"High","value":"31.2","className":"is-ohlc","compact":true},{"label":"Low","value":"30.2","className":"is-ohlc","compact":true},{"label":"Close","value":"31.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.85","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"31.5","className":"is-ohlc","compact":true},{"label":"High","value":"31.5","className":"is-ohlc","compact":true},{"label":"Low","value":"31.5","className":"is-ohlc","compact":true},{"label":"Close","value":"31.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.89","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"32.5","className":"is-ohlc","compact":true},{"label":"High","value":"32.7","className":"is-ohlc","compact":true},{"label":"Low","value":"32.0","className":"is-ohlc","compact":true},{"label":"Close","value":"32.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.89","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"31.4","className":"is-ohlc","compact":true},{"label":"High","value":"31.4","className":"is-ohlc","compact":true},{"label":"Low","value":"31.4","className":"is-ohlc","compact":true},{"label":"Close","value":"31.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.97","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"31.3","className":"is-ohlc","compact":true},{"label":"High","value":"31.3","className":"is-ohlc","compact":true},{"label":"Low","value":"31.0","className":"is-ohlc","compact":true},{"label":"Close","value":"31.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.95","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.7","className":"is-ohlc","compact":true},{"label":"High","value":"30.8","className":"is-ohlc","compact":true},{"label":"Low","value":"30.5","className":"is-ohlc","compact":true},{"label":"Close","value":"30.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.89","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.7","className":"is-ohlc","compact":true},{"label":"High","value":"31.2","className":"is-ohlc","compact":true},{"label":"Low","value":"29.6","className":"is-ohlc","compact":true},{"label":"Close","value":"29.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.67","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"30.7","className":"is-ohlc","compact":true},{"label":"High","value":"30.7","className":"is-ohlc","compact":true},{"label":"Low","value":"29.1","className":"is-ohlc","compact":true},{"label":"Close","value":"29.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.40","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"31.6","className":"is-ohlc","compact":true},{"label":"High","value":"33.8","className":"is-ohlc","compact":true},{"label":"Low","value":"31.6","className":"is-ohlc","compact":true},{"label":"Close","value":"31.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.21","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"32.0","className":"is-ohlc","compact":true},{"label":"High","value":"33.5","className":"is-ohlc","compact":true},{"label":"Low","value":"31.9","className":"is-ohlc","compact":true},{"label":"Close","value":"33.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.10","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"33.2","className":"is-ohlc","compact":true},{"label":"High","value":"33.3","className":"is-ohlc","compact":true},{"label":"Low","value":"31.2","className":"is-ohlc","compact":true},{"label":"Close","value":"31.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.05","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[19.585201,34.234801],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":0.052131,"state":"Price is moving ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics eased this week but remains positive."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"price":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Price response ahead of support","detail":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","tone":"caution"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","annotations":[{"label":"Current tape relationship","value":"Price response ahead of support","detail":"Market Dynamics eased this week but remains positive.","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":"Lagging price","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":21,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-29","price":30.24},{"date":"2026-06-12","price":31.0},{"date":"2026-08-07","price":31.59}],"reversal_dangers":[{"date":"2026-06-05","price":27.530001},{"date":"2026-07-03","price":31.4}]}},"smTape":{"available":true,"dates":["2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","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":[21.0,20.43,21.61,19.43,20.3,22.27,20.63,19.61,18.59,18.25,21.08,21.91,22.46,21.94,22.24,21.17,24.09,25.89,25.23,23.61,24.86,24.52,24.82,23.4,20.74,19.47,18.22,18.65,20.37,22.68,26.65,27.14,27.36,28.89,26.66,28.77,30.24,27.53,31.0,31.47,32.13,31.4,31.3,30.76,29.57,29.25,31.59,33.45,31.16],"consensus":[-20.0,-39.5122,59.606,-58.0,-21.8447,51.3695,-37.401,-42.4072,-59.8904,-38.9961,50.7134,47.2336,38.6322,22.1772,16.6122,-22.2253,67.5436,76.7182,19.8608,-10.5404,52.086,0.0,27.0037,-22.7506,-58.3468,-55.0612,-63.4301,-42.086,17.7176,44.8236,70.4632,51.0914,50.9858,62.9411,-12.6763,60.2894,46.871,-16.2119,61.3709,37.4094,29.72,27.8171,31.9291,18.3348,-28.2272,-24.8021,30.9291,62.8467,14.2202],"supportDates":["2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","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,49.187,-41.9908,-39.7259,-52.7724,-27.7685,47.8835,44.5433,27.3928,13.0525,3.4301,-15.5135,67.2413,78.6117,16.3163,-20.468,48.0714,0.0,36.2828,-28.5177,-56.2204,-56.4041,-71.5531,-42.2805,20.4016,46.3611,76.5444,56.5301,52.5761,62.182,-21.4285,61.0862,40.508,-22.3311,63.6256,35.2714,22.2268,21.0405,42.1542,30.8004,-26.356,-22.2977,22.4509,71.4803,28.3155],"force":[-20.0,-39.5122,59.606,-58.0,-1.6497,44.9612,-47.7173,-69.2741,-69.9029,-19.8215,87.1894,40.1395,23.8665,3.2482,1.086,-49.919,90.8837,92.4672,27.5356,-61.7517,77.3729,0.0,20.9601,-43.6699,-73.5632,-49.7818,-51.5929,-18.211,72.9017,61.619,79.5004,29.5675,34.7661,62.2328,-60.1371,71.6736,41.0887,-46.5403,61.8919,13.9738,6.7448,0.3357,9.4494,2.6272,-55.1558,-39.1859,49.0095,64.7706,46.9804],"direction":[null,null,null,null,-38.6264,58.441,-24.7866,-26.281,-60.8736,-65.5237,27.8934,55.3755,62.0242,50.7665,44.319,-10.1149,51.2177,63.305,57.7663,-37.3851,38.6122,0.0,20.7159,-1.2174,-49.9082,-57.2976,-62.6019,-58.9173,24.767,31.0699,57.0581,60.2499,60.7538,64.3146,-31.2269,51.2471,58.2731,-12.4447,58.4218,56.5925,54.6944,55.1914,36.3003,19.0613,-11.131,-17.39,27.7037,51.6057,25.2889],"intensity":[null,null,null,null,50.0,80.0,66.6667,71.4286,25.0,88.8889,100.0,63.6364,41.6667,38.4615,35.7143,60.0,100.0,58.8235,38.8889,47.3684,35.0,4.7619,9.0909,52.1739,91.6667,88.0,57.6923,7.4074,60.7143,86.2069,100.0,90.3226,18.75,75.7576,79.4118,71.4286,100.0,94.5946,92.1053,23.0769,22.5,36.5854,2.381,4.6512,25.0,6.6667,91.3043,63.8298,77.0833],"confirmation":[29.0667,35.3106,41.7406,41.2267,29.1108,84.2762,80.2128,82.43,87.5785,80.0655,85.3831,82.9396,80.0836,52.4872,27.8757,76.0584,90.3299,93.0009,33.5059,35.4245,85.4994,27.6012,76.3156,53.1632,87.1671,85.4382,87.8131,80.7369,35.2608,82.832,90.731,83.6104,83.7969,88.1311,34.6979,87.6274,82.9194,31.3404,87.6202,79.2894,54.2577,53.5005,77.3764,50.9322,77.8819,76.4132,78.5775,88.038,41.3957],"persistence":[null,null,33.3333,50.0,60.0,33.3333,42.8571,50.0,50.0,50.0,50.0,25.0,0.0,0.0,25.0,25.0,50.0,75.0,75.0,50.0,50.0,37.5,37.5,37.5,12.5,12.5,37.5,37.5,37.5,25.0,25.0,0.0,25.0,50.0,50.0,75.0,75.0,50.0,50.0,50.0,50.0,50.0,75.0,75.0,50.0,50.0,50.0,50.0,25.0],"assessmentRisk":[null,null,null,null,13.1651,16.7691,9.775,27.4115,12.3636,30.2987,11.2286,21.9682,30.2262,38.4152,25.9907,13.3898,6.838,11.1554,38.5262,52.0279,1.1972,39.5855,28.2113,3.129,20.4853,22.3654,18.2704,28.7807,20.4441,26.2804,14.7606,24.4474,24.4805,18.4589,6.6104,4.5123,22.2215,22.9714,18.1748,26.1625,23.7033,34.4471,7.9579,29.8652,31.5124,30.5704,7.1593,15.0451,43.5555],"volumeParticipation":true,"latest":{"consensus":14.2,"control":28.3,"force":47.0,"direction":25.3,"confirmation":41.4,"persistence":25.0,"assessmentRisk":43.6,"intensity":77.1,"evidenceDepth":100},"analysis":{"status":"Joint upward confirmation","headline":"The gauges support the upward market view","summary":"Price structure and Market Dynamics agree. 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":"Broadly stable","forceState":"Upward commitment","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Present","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+14.2","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+28.3","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+47.0","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+25.3","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"41/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"57.4","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"6.9%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"20.9","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":[21.0,20.43,21.61,19.43,20.3,22.27,20.63,19.61,18.59,18.25,21.08,21.91,22.46,21.94,22.24,21.17,24.09,25.89,25.23,23.61,24.86,24.52,24.82,23.4,20.74,19.47,18.22,18.65,20.37,22.68,26.65,27.14,27.36,28.89,26.66,28.77,30.24,27.53,31.0,31.47,32.13,31.4,31.3,30.76,29.57,29.25,31.59,33.45,31.16],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,20.6567,20.95,20.8918,20.6588,20.2826,19.9131,20.1252,20.4497,20.8152,21.0197,21.2416,21.2286,21.7488,22.5018,22.9978,23.1091,23.4275,23.6261,23.8432,23.7626,23.213,22.5325,21.7484,21.1851,21.0369,21.3356,22.3019,23.1815,23.9412,24.841,25.1717,25.826,26.6285,26.7924,27.5574,28.2688,28.9708,29.4125,29.7557,29.9383,29.8713,29.7584,30.0914,30.702,30.7853],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,20.7669,20.8538,20.9565,20.9723,21.2032,21.5504,21.823,21.9553,22.1705,22.3445,22.5279,22.5925,22.4553,22.2341,21.9368,21.6933,21.5953,21.6757,22.0441,22.4216,22.7874,23.2395,23.4928,23.8837,24.3546,24.5898,25.0646,25.5391,26.0273,26.4253,26.7864,27.0807,27.2651,27.4121,27.7216,28.1459,28.3692],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,22.6199,22.6404,22.8468,23.1485,23.2491,23.3853,23.3337,23.8976,24.87,25.4031,25.5213,25.9517,26.2709,26.6003,26.6485,26.6329,26.676,26.843,26.9131,26.806,26.6733,27.29,27.9298,28.5292,29.392,29.7376,30.3794,31.2333,31.4231,32.2686,33.1818,34.0965,34.7952,35.4079,35.886,36.0118,35.8472,35.5167,35.1733,34.398],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,17.8041,17.9414,18.0049,18.0161,18.1095,18.1814,18.2813,18.1036,17.6745,17.5579,17.6527,17.6083,17.6981,17.6897,18.0385,18.0981,17.775,17.367,17.2009,17.486,18.0617,18.002,17.8852,17.7758,17.608,17.7044,17.8226,17.5837,17.5579,17.2894,17.1622,16.9745,16.9638,16.9991,17.257,18.0142,19.1568,20.8243,22.6477,24.502],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","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,290.1587,104.7686,46.1538,136.0492,30.8395,63.5524,76.8994,18.2556,125.6075,228.9123,177.7697,339.5091,112.9624,170.706,260.765,106.5228,53.139,61.3383,62.2263,30.4022,72.1858,205.2009,38.6519,55.4618,30.2521,958.9986,58.5795,37.1241,60.0637,56.8662,9.2083,32.4207,0.0,14.5624,0.0,7.8406,11.9107,31.6245,56.9065,190.6203,28.0531,16.5155],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,65.0,65.0,65.0,74.0061,75.9268,79.7683,75.2012,76.2256,69.0549,83.2683,94.8354,69.3537,65.0,77.3529,65.0,71.9938,68.5123,65.0,65.0,65.0,68.6965,79.9151,82.0347,85.0074,86.6359,135.0,135.0,133.487,135.0,135.0,134.6679,135.0,135.0,135.0,135.0,134.7861,134.4652,133.6185,132.0856,135.0,135.0,134.587],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","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,19.149,1.3333,23.2745,68.6998,82.0225,84.101,76.3744,80.8321,64.9331,95.9211,100.0,81.4493,65.7971,77.8744,74.5894,77.4879,63.7681,38.0676,25.7971,13.7198,17.8744,34.4928,56.8116,95.1691,99.2322,99.435,94.8235,77.3333,93.1156,82.555,63.9423,87.7747,91.0027,95.5357,90.522,89.8352,86.1264,77.9533,75.7555,85.8152,97.7535,83.0552],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-14.8502,-19.2792,-20.7555,-8.4672,-4.8632,-4.5474,-6.7573,-5.4824,-10.0298,-1.2705,0.0,-7.0718,-13.0387,-8.4346,-9.6869,-8.582,-13.8122,-23.6096,-28.2873,-32.8913,-31.3076,-24.9724,-16.4641,-1.8416,-0.2939,-0.2188,-2.2335,-9.78,-2.6396,-7.7486,-16.0159,-5.4301,-3.9963,-1.9829,-4.2099,-4.5149,-6.1623,-9.7926,-10.7688,-6.5385,-1.0355,-7.8106],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,4.3085,0.3238,8.631,25.4762,30.4167,33.6905,30.5953,32.381,26.0119,43.3929,54.1071,50.1786,40.5357,47.9762,45.9524,47.7381,39.2857,23.4524,15.8929,8.4524,11.0119,21.25,35.0,58.631,61.5476,62.8572,71.9643,58.6905,57.9034,65.9715,51.0977,70.1427,72.7223,76.3447,72.3381,71.7892,68.8255,62.2942,60.5379,73.3809,83.5895,71.0209],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","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,7.683,7.2596,7.6756,7.2211,6.8516,7.3072,7.9527,7.7661,8.0659,7.7532,8.1338,9.7648,10.5576,11.268,11.2866,10.3284,9.5145,8.6418,8.1244,8.0813,7.836,8.6405,8.4379,8.4015,9.3114,8.5356,7.9142,7.467,7.2609,6.8596,6.6603,6.8344,6.7844,6.862,6.4147,6.9192],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,23.8264,23.1578,23.7047,24.9359,24.8541,25.0386,24.2821,27.5897,33.8257,36.5222,36.4508,38.3081,38.9947,40.238,38.535,38.1603,40.0486,42.8681,44.0323,42.084,38.5009,41.0136,43.8488,46.4457,50.1444,50.7281,52.1011,55.9216,56.6147,60.4508,63.6402,67.0519,68.9017,70.2536,70.1092,66.6254,60.6881,52.1552,43.3254,33.6025],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","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,12.3563,12.8668,13.3408,12.396,13.1883,14.0437,14.1899,15.0771,15.9009,15.6959,16.7559,16.959,17.7361,18.518,19.5744,20.2367,20.6252,20.7381,20.3223,19.7119,20.2817,20.8108,20.8958],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,19.0908,20.0122,18.4639,26.7731,30.3795,32.0245,29.1981,26.3679,26.2489,25.0505,23.5181,20.5238,18.7765,17.4569,18.389,17.0842,23.0139,32.243,32.4055,30.0081,33.9356,30.9682,27.2869,35.0067,32.2169,34.5156,34.6813,37.0344,36.1874,35.6817,34.7238,32.6865,30.9099,36.6224,34.3548,31.7484],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,17.5088,16.9744,23.3098,20.2183,18.411,16.4493,19.3724,21.0093,19.0441,18.1746,19.3521,25.8466,27.7812,30.143,27.2994,25.3623,22.9613,19.9774,19.3756,21.6896,19.6708,17.9507,20.9954,18.6284,21.6579,19.483,19.2204,18.528,19.984,21.1021,22.1045,24.2006,24.3971,20.7392,19.4551,20.2982],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","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":"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,-2.7143,0.0,-10.0879,-6.062,0.0,-7.3642,-11.9443,-16.5245,-18.0512,-5.3435,-1.6165,0.0,-2.3152,-0.9795,-5.7435,0.0,0.0,-2.5492,-8.8065,-3.9784,-5.2916,-4.1329,-9.6176,-19.8918,-24.7972,-29.6253,-27.9645,-21.321,-12.3986,0.0,0.0,0.0,0.0,-7.7189,-0.4154,0.0,-8.9616,0.0,0.0,0.0,-2.272,-2.5833,-4.2639,-7.9676,-8.9636,-1.6807,0.0,-6.846],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.9264,0.0,0.0,15.5068,20.0548,23.0685,20.2192,21.863,16.0,32.0,41.863,38.2466,29.3699,36.2192,34.3562,36.0,28.2192,13.6438,6.6849,0.0,2.36,11.8002,24.4786,46.2678,48.9572,50.1647,58.562,46.3227,57.9034,65.9715,51.0977,70.1427,72.7223,76.3447,72.3381,71.7892,68.8255,62.2942,60.5379,73.3809,83.5895,71.0209],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","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/f6d12c06-ba78-4a8d-9bbe-457e21fe1877/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/f6d12c06-ba78-4a8d-9bbe-457e21fe1877/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/f6d12c06-ba78-4a8d-9bbe-457e21fe1877/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/f6d12c06-ba78-4a8d-9bbe-457e21fe1877/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/f6d12c06-ba78-4a8d-9bbe-457e21fe1877/technical-pack/data.json"},"source_fingerprint":"10787bbd7dad5687ca031223e5cc69dbed0883e367449e6361ddcf6d52429893","content_hash":"05d32c6934861a033d3bdb06b4d910d929bae101910f652cf00a121fe737c912","citation":"Sharemaestro, TRSL Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/f6d12c06-ba78-4a8d-9bbe-457e21fe1877/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."}