{"schema_version":"1.0","name":"GUJTHEM Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"f92b420c-a70a-47d3-b128-14a5440472ac","symbol":"GUJTHEM","name":"Gujarat Themis Biosyn Limited","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Healthcare","industry":"Drug Manufacturers - Specialty & Generic"},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","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, Strength versus the research benchmark, Activity pressure and cumulative balance, Drawdown and recovery pressure, Acceleration, deceleration and rollover, 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":"2026-08-14","observations":77,"displayedObservations":77,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. Price structure remains rotational.","evidenceAlignment":{"status":"Negative pressure; price rotational","headline":"Market Dynamics is negative while price has no clear direction","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. 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The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. 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pressure; price rotational","tone":"caution","headline":"Market Dynamics is negative while price remains rotational","use":"Treat the pressure as context until price establishes a clear response.","confirm":"The underlying condition is weak, but a negative price response is still required.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":33.3,"averageReturn":2.4,"sample":3},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price has no clear direction","detail":"Price remains rotational while the Market Dynamics condition develops."}},"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":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 33.3% of comparable cases moved lower after 12 weeks, with an average move of 2.4% across 3 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use distribution to protect capital before considering the short case","tone":"negative","finding":"After distribution, 100.0% of completed 12-week outcomes were lower across 2 cases. Distinct visits lasted 2.5 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 25.0% across 3 completed cases, with the largest move arriving after 6.3 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2026-05-08","price":398.5}],"distribution_rollovers":[{"date":"2025-11-21","price":412.700012}],"price_pressure_gaps":[{"date":"2025-12-26","price":443.299988}]}},"smTape":{"available":true,"dates":["2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","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"],"close":[218.5372,255.0249,247.7174,253.9068,281.4299,262.0031,264.1494,315.4119,282.7177,275.0807,268.8913,340.2196,302.0847,306.4771,322.0007,334.0302,320.4533,349.0046,349.6535,344.3126,365.3767,362.0324,372.7142,339.6206,353.8963,399.9178,378.2048,384.3,377.35,386.3,399.85,422.9,420.45,431.55,452.45,465.1,450.2,446.9,412.7,407.6,377.35,390.0,404.95,443.3,435.2,390.85,356.4,317.8,323.1,323.9,312.25,335.75,308.3,298.0,280.95,273.5,251.8,251.31,285.67,319.07,359.94,363.58,398.5,370.3,368.7,404.3,413.2,387.3,383.55,393.5,385.95,378.95,369.6,360.5,358.05,355.95,348.75],"consensus":[-78.988,28.8099,0.0,-12.6829,53.6635,0.0,23.1106,64.5262,-11.3815,0.0,0.0,66.9075,-9.5515,23.3285,38.1896,26.9904,0.0,54.7261,20.8745,0.0,45.875,15.8705,29.1917,-22.8864,13.2538,62.73,0.0,24.2463,0.0,22.7783,35.7778,54.0874,26.1241,47.444,50.1452,47.3266,11.9276,13.942,-36.6922,-20.872,-56.6731,0.0,11.7286,51.778,0.0,-41.9408,-61.7764,-69.2447,-27.0233,-34.4425,-49.216,0.0,-51.5181,-28.0123,-52.2748,-44.7966,-69.9641,-28.241,17.1186,41.8869,59.635,31.6176,66.8644,0.0,24.2264,54.7602,34.8005,12.7382,19.5614,18.0308,-9.8096,0.0,-16.8415,-20.5054,-17.3364,-17.5558,-28.3322],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","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"],"control":[64.4093,0.0,18.8901,0.0,36.5209,29.8058,57.6548,22.7876,44.5831,51.3689,45.0572,2.5489,9.2585,-34.5494,-14.1165,-55.9941,0.0,14.7865,46.6603,0.0,-46.5538,-65.8144,-66.8605,-14.9929,-27.0202,-50.7585,0.0,-56.6029,-19.7482,-56.535,-41.5246,-68.4898,-16.4428,23.534,40.5008,51.8273,22.733,61.7759,0.0,26.8115,44.5483,38.0207,8.3064,19.2845,24.3315,-10.905,0.0,-16.7847,-16.2873,-13.5225,-12.2894,-28.2022],"force":[82.2696,0.0,13.3942,0.0,15.3067,46.4873,57.8959,4.4071,51.1327,43.0835,41.7107,17.6585,6.359,-61.3697,-19.6266,-66.2397,0.0,41.1084,83.4079,0.0,-62.4745,-64.7788,-78.6337,-5.3245,-8.7021,-31.5796,0.0,-50.2077,-7.2768,-39.2479,-26.41,-80.5318,-1.2061,60.0039,67.611,85.0845,17.1648,83.0893,0.0,9.4105,73.3027,12.9545,9.8798,7.5943,5.1468,-28.4002,0.0,-28.3742,-21.2268,-11.852,-16.0653,-27.95],"direction":[46.8541,0.0,38.1192,0.0,12.4094,34.9534,47.2901,45.4493,48.0789,53.7907,53.9315,43.7792,33.7952,-21.5143,-29.4821,-50.6157,0.0,12.7517,35.0339,0.0,-22.002,-55.0168,-65.2629,-63.8777,-61.3113,-60.0505,0.0,-46.6429,-52.2682,-56.711,-61.6692,-64.1007,-61.0352,20.8457,25.0966,50.3799,52.0948,61.0905,0.0,31.8549,53.1862,46.7246,33.9588,28.4259,20.0328,-4.7213,0.0,-8.6687,-24.8109,-25.6125,-24.6391,-28.7539],"intensity":[92.0,42.3077,7.4074,14.2857,10.3448,80.0,48.3871,40.625,15.1515,52.9412,25.7143,30.5556,5.4054,81.5789,64.1026,75.0,31.7073,38.0952,93.0233,79.5455,95.5556,93.4783,93.617,79.1667,4.0816,16.0,49.0196,61.5385,84.6154,34.6154,36.5385,46.1538,55.7692,76.9231,80.7692,98.0769,82.6923,75.0,63.4615,55.7692,100.0,86.5385,59.6154,11.5385,38.4615,25.0,48.0769,13.4615,36.5385,1.9231,21.1538,5.7692],"confirmation":[88.6435,30.537,75.5097,3.7307,74.8519,79.8663,85.3697,53.082,83.3381,83.8126,83.0079,6.8252,50.604,80.5262,74.744,86.4373,7.115,29.989,85.6109,5.2761,81.9766,87.7984,90.4808,54.3142,78.3502,83.1881,7.7322,84.3684,53.7913,84.266,81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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,212.9536,66.0594,37.324,50.1097,194.8305,97.1308,166.8282,92.9762,197.9264,65.3057,199.2985,86.1163,93.9639,104.829,55.1162,273.9581,45.124,35.7226,101.4529,87.5055,48.7939,22.9721,36.8184,236.081,86.0634,92.1241,234.5313,57.4629,136.9884,32.76,42.9332,56.7123,37.8231,50.3626,41.6217,120.7392,197.3193,54.7796,53.2013,46.463,82.1627,54.1505,19.7572,24.6329,74.3431,50.6007,50.3861,54.9174,89.1463,184.8821,72.0378,67.5417,70.5983,992.0276,145.0469,89.1008,37.769,62.448,354.6322,11.7852,7.5004,14.7488,0.0,10.8396,16.3038,33.4749,20.6386,12.7227,76.2206,23.9441],"stroke":"#1678a7","width":1.8},{"label":"Cumulative 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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,-2.8654,-0.4384,0.0,-6.9029,-6.1403,0.0,-10.3656,-12.7868,-14.7492,0.0,-11.2089,-9.9178,-5.355,-1.8192,-5.8099,0.0,0.0,-1.5275,0.0,-0.9153,0.0,-8.8791,-5.0489,0.0,-5.4294,-3.9052,-5.6431,-3.4051,-0.0169,0.0,-0.5793,0.0,0.0,0.0,-3.2036,-3.9131,-11.2664,-12.3629,-18.8669,-16.1471,-12.9327,-4.6872,-6.4287,-15.9643,-23.3713,-31.6706,-30.5311,-30.3591,-32.8639,-27.8112,-33.7132,-35.9278,-39.5936,-41.1954,-45.8611,-45.9665,-38.5788,-31.3975,-22.6102,-21.8276,-14.3195,-20.3827,-20.7267,-13.0725,-11.1589,-16.7276,-17.5339,-15.3945,-17.0178,-18.5229,-20.5332,-22.4898,-23.0166,-23.4681,-25.0161],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,44.3287,29.3682,25.8736,23.0414,55.6804,38.2303,40.2403,47.3437,52.8482,46.6356,59.7003,59.9973,57.5533,67.192,65.6617,70.5495,55.4063,61.9387,82.9976,52.6759,55.1365,48.6175,47.441,52.6127,60.0988,56.3643,60.4924,68.265,72.9695,49.0311,47.9387,34.6593,27.1948,17.7551,21.7026,19.236,30.528,28.143,15.0843,4.9406,0.0,1.6677,1.9194,0.0,7.526,0.0,0.0,0.0,0.0,0.0,0.0,13.6724,26.9627,43.2255,44.6739,58.5691,47.3479,46.7112,60.877,64.4185,54.1124,52.6203,56.5795,53.5753,50.7899,47.0694,43.4483,42.4734,41.6378,38.7728],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","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"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,21.7484,22.2722,23.667,25.4498,25.4734,27.4793,28.7894,29.0617,30.6242,31.2326,32.2055,29.9607,28.9994,31.5869,31.5222,31.5984,30.7437,30.4376,30.9318,32.8053,33.7038,34.9092,37.123,39.4435,39.6234,39.0496,35.4268,31.7779,26.1438,22.4408,20.4765,21.7634,21.8775,18.1796,12.3271,4.5222,-1.2216,-5.6439,-9.9737,-11.3777,-14.5378,-17.6697,-21.2821,-24.4642,-28.4095,-31.2159,-30.3179,-26.6045,-20.1317,-14.5405,-7.2087,-3.6318,-0.9156,4.0627,8.6268,10.0383,10.7306,11.9444,12.1571,11.6267,10.3328,8.4754,6.7281,5.115,3.2185],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,23.3849,24.2037,25.1209,25.909,26.8521,27.7282,28.6236,28.8911,28.9127,29.4476,29.8625,30.2097,30.3165,30.3407,30.4589,30.9282,31.4833,32.1685,33.1594,34.4162,35.4576,36.176,36.0262,35.1765,33.37,31.1842,29.0426,27.5868,26.4449,24.7919,22.2989,18.7436,14.7505,10.6717,6.5426,2.9585,-0.5408,-3.9665,-7.4297,-10.8366,-14.3511,-17.7241,-20.2429,-21.5152,-21.2385,-19.8989,-17.3609,-14.615,-11.8752,-8.6876,-5.2247,-2.1721,0.4084,2.7156,4.6039,6.0085,6.8734,7.1938,7.1006,6.7035,6.0065],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,2.0886,3.2755,3.6685,3.1527,3.7721,3.5044,3.5818,1.0697,0.0867,2.1394,1.6597,1.3888,0.4272,0.0969,0.4729,1.8771,2.2205,2.7407,3.9636,5.0273,4.1658,2.8736,-0.5994,-3.3986,-7.2262,-8.7433,-8.5661,-5.8234,-4.5675,-6.6122,-9.9718,-14.2214,-15.9721,-16.3156,-16.5163,-14.3363,-13.9971,-13.7031,-13.8525,-13.6276,-14.0583,-13.4918,-10.0751,-5.0893,1.1068,5.3583,10.1522,10.9832,10.9595,12.7503,13.8515,12.2104,10.3222,9.2288,7.5531,5.6182,3.4595,1.2816,-0.3725,-1.5885,-2.788],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","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"]},{"key":"directional","eyebrow":"Trend 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