{"schema_version":"1.0","name":"MRZ Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"f752ecc2-3c8d-4adb-9f25-74ac3c615fcd","symbol":"MRZ","name":"Mont Royal Resources Limited","exchange":"ASX","country":"AU","asset_type":"equity","currency":"AUD","sector":"Basic Materials","industry":"Other Industrial Metals & Mining"},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. 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, Range pressure and compression, Range position and boundary pressure, Activity pressure and cumulative balance, 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":42,"displayedObservations":42,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. Price structure remains downward.","evidenceAlignment":{"status":"Countertrend conflict","headline":"Improving Market Dynamics is challenging the downward price structure","summary":"Market Dynamics improved this week but remains below zero. Underlying support has contracted across the recent completed path. 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":["2026-05-22","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":[0.471018,0.527809,0.513768,0.25585,-0.002631,-0.153941,-0.379442,-0.479347,-0.582764,-0.761527,-0.865513,-0.920111,-0.934684,-0.920945],"opens":[0.21,0.21,0.22,0.15,0.15,0.15,0.135,0.13,0.125,0.115,0.105,0.093,0.096,0.097],"highs":[0.23,0.22,0.225,0.15,0.15,0.15,0.135,0.13,0.125,0.12,0.11,0.105,0.11,0.1],"lows":[0.195,0.21,0.195,0.14,0.135,0.15,0.135,0.12,0.115,0.1,0.095,0.085,0.095,0.093],"closes":[0.205,0.22,0.22,0.14,0.14,0.15,0.135,0.12,0.115,0.105,0.096,0.095,0.097,0.094],"hoverRows":[[{"label":"Open","value":"0.21","className":"is-ohlc","compact":true},{"label":"High","value":"0.23","className":"is-ohlc","compact":true},{"label":"Low","value":"0.20","className":"is-ohlc","compact":true},{"label":"Close","value":"0.20","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.47","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.21","className":"is-ohlc","compact":true},{"label":"High","value":"0.22","className":"is-ohlc","compact":true},{"label":"Low","value":"0.21","className":"is-ohlc","compact":true},{"label":"Close","value":"0.22","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.53","note":"Supportive and strengthening","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.22","className":"is-ohlc","compact":true},{"label":"High","value":"0.23","className":"is-ohlc","compact":true},{"label":"Low","value":"0.20","className":"is-ohlc","compact":true},{"label":"Close","value":"0.22","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.51","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.15","className":"is-ohlc","compact":true},{"label":"High","value":"0.15","className":"is-ohlc","compact":true},{"label":"Low","value":"0.14","className":"is-ohlc","compact":true},{"label":"Close","value":"0.14","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"0.26","note":"Supportive but easing","className":"is-positive","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.15","className":"is-ohlc","compact":true},{"label":"High","value":"0.15","className":"is-ohlc","compact":true},{"label":"Low","value":"0.14","className":"is-ohlc","compact":true},{"label":"Close","value":"0.14","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.00","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.15","className":"is-ohlc","compact":true},{"label":"High","value":"0.15","className":"is-ohlc","compact":true},{"label":"Low","value":"0.15","className":"is-ohlc","compact":true},{"label":"Close","value":"0.15","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.15","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.14","className":"is-ohlc","compact":true},{"label":"High","value":"0.14","className":"is-ohlc","compact":true},{"label":"Low","value":"0.14","className":"is-ohlc","compact":true},{"label":"Close","value":"0.14","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.38","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.13","className":"is-ohlc","compact":true},{"label":"High","value":"0.13","className":"is-ohlc","compact":true},{"label":"Low","value":"0.12","className":"is-ohlc","compact":true},{"label":"Close","value":"0.12","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.48","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.12","className":"is-ohlc","compact":true},{"label":"High","value":"0.12","className":"is-ohlc","compact":true},{"label":"Low","value":"0.12","className":"is-ohlc","compact":true},{"label":"Close","value":"0.12","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.58","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.12","className":"is-ohlc","compact":true},{"label":"High","value":"0.12","className":"is-ohlc","compact":true},{"label":"Low","value":"0.10","className":"is-ohlc","compact":true},{"label":"Close","value":"0.10","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":"0.10","className":"is-ohlc","compact":true},{"label":"High","value":"0.11","className":"is-ohlc","compact":true},{"label":"Low","value":"0.10","className":"is-ohlc","compact":true},{"label":"Close","value":"0.10","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}],[{"label":"Open","value":"0.09","className":"is-ohlc","compact":true},{"label":"High","value":"0.10","className":"is-ohlc","compact":true},{"label":"Low","value":"0.09","className":"is-ohlc","compact":true},{"label":"Close","value":"0.10","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.92","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.10","className":"is-ohlc","compact":true},{"label":"High","value":"0.11","className":"is-ohlc","compact":true},{"label":"Low","value":"0.10","className":"is-ohlc","compact":true},{"label":"Close","value":"0.10","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.93","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"0.10","className":"is-ohlc","compact":true},{"label":"High","value":"0.10","className":"is-ohlc","compact":true},{"label":"Low","value":"0.09","className":"is-ohlc","compact":true},{"label":"Close","value":"0.09","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}]],"pressureRange":[-2.3,2.3],"priceRange":[0.08644,0.22756],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.920945,"state":"Negative and weakening","context":{"scenario":"negativeWeakening","latestDirection":"slight strengthening","fourWeekDirection":"weakening","now":{"label":"Slightly stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Accumulation repair watch","detail":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","tone":"caution"},"chartSummary":"Price is in the accumulation zone. The Market Dynamics bars show whether underlying conditions are repairing or continuing to weaken.","summary":"Price is within accumulation conditions while Market Dynamics is improving. A green marker is required before the recovery is treated as confirmed.","annotations":[{"label":"Current tape relationship","value":"Accumulation repair watch","detail":"Market Dynamics improved this week but remains below zero.","tone":"caution"},{"label":"Price location","value":"Accumulation zone","detail":"Price is being tested for a confirmed recovery through the lower zone.","tone":"caution"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":14,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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":[0.255,0.345,0.27,0.255,0.285,0.275,0.265,0.255,0.28,0.275,0.27,0.27,0.23,0.25,0.21,0.185,0.21,0.21,0.21,0.17,0.165,0.15,0.15,0.21,0.18,0.18,0.215,0.21,0.205,0.22,0.22,0.14,0.14,0.15,0.135,0.12,0.115,0.105,0.096,0.095,0.097,0.094],"consensus":[-73.3333,29.0323,-89.4737,-47.4545,21.0044,-11.0085,0.0,-14.0084,9.2317,0.0,-8.1203,13.1678,-46.809,0.0,-52.7399,-51.5432,0.0,-25.0785,-8.0854,-47.3076,-40.3346,-48.9482,-38.3854,44.7393,-28.0846,0.0,45.0395,0.0,0.0,35.647,15.8318,-59.3782,-35.567,-22.672,-36.7131,-48.3762,-46.25,-48.6775,-54.7889,-31.4037,-33.2665,-37.0901],"supportDates":["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,-4.5644,0.0,-19.8905,9.7226,0.0,-13.5219,18.5189,-47.8677,0.0,-56.7043,-52.2054,0.0,-25.6544,-7.9203,-57.4095,-46.0446,-55.4736,-40.1733,40.6334,-42.2297,0.0,35.4524,0.0,0.0,41.5193,18.5329,-72.8315,-36.2168,-16.6484,-34.3635,-61.3916,-56.0343,-49.005,-57.2187,-28.5985,-38.6448,-45.0659],"force":[-73.3333,29.0323,-89.4737,-47.4545,13.3374,-13.9486,0.0,-13.3149,14.0336,0.0,-13.8278,14.0701,-52.6301,0.0,-48.5947,-35.9873,0.0,-16.049,-3.6503,-45.6599,-23.5456,-35.348,-19.915,88.2696,-34.263,0.0,79.9137,0.0,0.0,32.8451,8.9839,-53.1227,-16.6285,-2.3594,-21.5978,-32.3974,-28.1538,-39.6492,-50.0481,-9.4147,-8.6671,-19.3903],"direction":[null,null,null,null,26.4807,-16.273,0.0,-7.7813,5.2409,0.0,-2.1299,6.4076,-41.4411,0.0,-51.17,-61.8979,0.0,-30.8699,-16.6568,-36.9394,-45.801,-51.2051,-49.5352,18.3386,-7.5056,0.0,31.086,0.0,0.0,30.9371,17.6361,-48.4713,-48.352,-44.0653,-50.1951,-44.915,-47.9938,-54.752,-55.3983,-50.3161,-44.691,-40.6177],"intensity":[null,null,null,null,25.0,40.0,16.6667,28.5714,62.5,33.3333,30.0,72.7273,75.0,38.4615,78.5714,46.6667,31.25,82.3529,22.2222,68.4211,25.0,23.8095,4.5455,91.3043,54.1667,60.0,84.6154,22.2222,25.0,31.0345,26.6667,96.7742,6.25,30.303,32.3529,40.0,8.3333,35.1351,10.5263,12.8205,15.0,17.0732],"confirmation":[46.1333,31.957,51.2982,37.8521,51.7042,49.0438,47.761,49.7052,48.4264,1.5374,48.4778,49.493,83.1402,29.5226,84.69,84.0097,5.9042,75.7412,25.6776,82.9343,80.3084,83.1495,79.6932,83.7058,54.2932,48.2413,83.6216,2.7066,3.4674,79.2322,72.8163,86.6054,78.7944,52.0611,79.3234,82.7951,82.0994,83.2967,85.3509,77.4218,77.8136,87.2079],"persistence":[null,null,33.3333,50.0,20.0,33.3333,28.5714,37.5,12.5,25.0,25.0,0.0,25.0,12.5,25.0,25.0,37.5,50.0,50.0,75.0,75.0,87.5,87.5,62.5,75.0,62.5,37.5,25.0,12.5,12.5,37.5,12.5,12.5,0.0,25.0,37.5,50.0,75.0,100.0,100.0,100.0,100.0],"assessmentRisk":[null,null,null,null,12.4516,37.3677,1.1713,7.0042,10.2359,1.0442,10.3161,12.2305,19.8608,32.8354,22.3475,24.1971,34.8784,35.5305,4.0427,5.5701,28.0632,25.2418,30.512,22.3209,38.1534,36.2994,26.4964,0.4802,37.6346,28.4695,2.1244,18.9531,30.708,37.5409,31.2102,3.899,14.2543,22.9916,18.3857,24.9081,16.8306,4.322],"volumeParticipation":true,"latest":{"consensus":-37.1,"control":-45.1,"force":-19.4,"direction":-40.6,"confirmation":87.2,"persistence":100.0,"assessmentRisk":4.3,"intensity":17.1,"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":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Strong support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-37.1","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-45.1","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-19.4","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-40.6","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"87/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"48.2","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"30.3%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"26.8","detail":"Directional","tone":"positive"},{"label":"Range position","value":"6%","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":[0.255,0.345,0.27,0.255,0.285,0.275,0.265,0.255,0.28,0.275,0.27,0.27,0.23,0.25,0.21,0.185,0.21,0.21,0.21,0.17,0.165,0.15,0.15,0.21,0.18,0.18,0.215,0.21,0.205,0.22,0.22,0.14,0.14,0.15,0.135,0.12,0.115,0.105,0.096,0.095,0.097,0.094],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,0.2712,0.2719,0.2707,0.2678,0.27,0.2709,0.2708,0.2706,0.2632,0.2608,0.2516,0.2395,0.2341,0.2297,0.2261,0.2159,0.2067,0.1964,0.1879,0.192,0.1898,0.188,0.1929,0.196,0.1977,0.2017,0.205,0.1932,0.1835,0.1774,0.1697,0.1607,0.1524,0.1438,0.1351,0.1278,0.1222,0.1171],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,0.2636,0.2626,0.2587,0.2532,0.25,0.2471,0.2443,0.2388,0.2333,0.2272,0.2214,0.2206,0.2176,0.2148,0.2148,0.2145,0.2138,0.2142,0.2147,0.2091,0.204,0.2,0.1952,0.1896,0.1841,0.1782,0.1721,0.1664,0.1613,0.1563],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,0.3264,0.3236,0.3212,0.322,0.3199,0.3227,0.3284,0.3277,0.3265,0.3251,0.3279,0.3313,0.3178,0.3178,0.315,0.3076,0.3009,0.2954,0.2909,0.2807,0.2715,0.2625,0.2534,0.2516,0.2428,0.2422,0.2449,0.2443,0.2433,0.2417,0.2434,0.2444,0.2457],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,0.2256,0.2273,0.2288,0.2211,0.2201,0.2093,0.1935,0.1882,0.1841,0.1807,0.1696,0.1572,0.1512,0.1392,0.1375,0.1344,0.1316,0.1321,0.1321,0.1348,0.1385,0.1425,0.1386,0.1314,0.1302,0.1233,0.1141,0.1052,0.0957,0.0859,0.0767,0.0689,0.062],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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":[0.0,0.0,-21.7391,-26.087,-17.3913,-20.2899,-23.1884,-26.087,-18.8406,-20.2899,-21.7391,-21.7391,-33.3333,-27.5362,-39.1304,-46.3768,-39.1304,-39.1304,-39.1304,-50.7246,-52.1739,-56.5217,-56.5217,-39.1304,-47.8261,-47.8261,-37.6812,-39.1304,-40.5797,-36.2319,-36.2319,-59.4203,-59.4203,-56.5217,-60.8696,-65.2174,-66.6667,-69.5652,-72.1739,-72.4638,-71.8841,-72.7536],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,0.0,9.8039,7.8431,5.8824,5.8824,0.0,8.6957,0.0,0.0,13.5135,13.5135,13.5135,0.0,0.0,0.0,0.0,40.0,20.0,20.0,43.3333,40.0,36.6667,46.6667,46.6667,0.0,0.0,7.1429,0.0,0.0,0.0,0.0,0.0,0.0,2.1053,0.0],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,23.5024,27.3411,29.9773,26.9032,25.8319,24.8371,30.3803,30.1474,32.222,31.23,22.9246,26.2239,24.7476,21.0662,21.5579,21.7258,19.2855,18.8819,31.6339,30.1396,26.5972,28.2352,30.3885,30.0659,31.9378,33.5529,32.988,31.1047,30.3366],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,36.4918,34.9523,33.5913,37.1526,36.9311,42.6389,51.7166,54.0513,55.796,57.1044,63.6078,71.2561,71.0453,78.1448,78.4639,78.4047,78.3061,76.4093,75.1223,70.2487,64.8615,59.2181,58.5824,62.7588,60.3878,65.0657,72.8848,79.5792,87.1001,95.1397,104.2072,112.019,119.4479],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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,6.4516,22.5806,19.3548,16.129,16.129,0.0,16.6667,0.0,2.2727,20.8333,20.8333,20.8333,4.1667,2.0833,0.0,0.9901,24.7525,12.8713,12.8713,26.7327,29.4118,32.3944,40.8451,42.029,0.0,2.7027,8.1081,0.0,0.0,0.0,2.8571,0.6452,6.6667,8.2759,6.2069],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-36.25,-30.0,-31.25,-32.5,-32.5,-42.5,-37.5,-47.5,-53.75,-47.5,-47.5,-47.5,-57.5,-58.75,-62.5,-62.5,-47.5,-55.0,-55.0,-46.25,-41.6667,-36.9231,-32.3077,-31.25,-56.25,-56.25,-53.125,-56.4516,-61.2903,-58.1818,-61.8182,-61.6,-59.5745,-57.8261,-59.1304],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,4.0816,14.2857,12.2449,10.2041,10.2041,0.0,13.6364,0.0,2.7778,31.25,31.25,31.25,6.25,3.125,0.0,1.6949,42.3729,22.0339,22.0339,45.7627,42.3729,38.9831,49.1525,49.1525,0.0,3.7037,11.1111,0.0,0.0,0.0,5.0,1.0526,11.7647,14.1176,10.5882],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,17.9349,45.4682,59.9035,45.3306,27.109,45.8472,50.935,29.6868,12.006,36.2463,21.7117,52.8643,31.4543,6.2885,27.9991,46.7415,227.4265,17.6935,60.777,285.1668,188.8664,139.1796,4.0338,91.8272,18.5055,39.5612,4.7239,0.5249,1.2065,34.8877,85.7985,137.6966,189.5256,104.8209,67.8257],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,112.843,119.5036,111.1027,105.075,105.075,99.6044,105.461,102.2108,100.9692,104.574,104.574,104.574,101.7613,101.329,99.8738,99.8738,111.2472,110.4715,110.4715,122.9857,114.1259,107.6067,107.7791,107.7791,107.0332,107.0332,107.2008,107.1831,107.1429,106.0257,103.2476,98.8215,92.3861,96.1183,93.6697],"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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,14.7627,15.0464,15.3099,15.5545,15.0212,15.3892,15.8733,16.3227,17.1843,18.3896,19.6391,21.175,22.7215,24.3944,25.6316,26.834],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,9.5749,9.0985,8.7469,10.5014,10.1557,9.808,9.1976,8.8674,8.4743,8.1189,13.2708,12.5679,12.3664,19.179,17.8173,16.8172,16.3925,15.5469,13.5409,13.1971,12.9608,12.5965,12.2264,11.9738,11.4637,11.0824,10.5772,11.3853,11.1857],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,6.6788,7.5905,11.1611,10.1733,9.8384,10.8711,14.3436,13.8287,15.4323,15.1664,13.7038,12.978,14.3734,13.1266,12.1946,11.5101,11.2195,13.22,20.3849,20.7136,20.3428,22.5818,24.8565,25.3759,27.4899,27.6843,28.7015,27.6823,27.6979],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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/f752ecc2-3c8d-4adb-9f25-74ac3c615fcd/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/f752ecc2-3c8d-4adb-9f25-74ac3c615fcd/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/f752ecc2-3c8d-4adb-9f25-74ac3c615fcd/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/f752ecc2-3c8d-4adb-9f25-74ac3c615fcd/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/f752ecc2-3c8d-4adb-9f25-74ac3c615fcd/technical-pack/data.json"},"source_fingerprint":"574e114053fd2bf65dcd97bac9340d945bdd610d935dfb9ff51f1a813d92e837","content_hash":"d0ca5e4c8881f5c631509b3d1c89aa206d425dd0e16726ee6ca32faf2ffa65aa","citation":"Sharemaestro, MRZ Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/f752ecc2-3c8d-4adb-9f25-74ac3c615fcd/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."}