{"schema_version":"1.0","name":"CRW3 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"fb17e9ac-0569-4d51-bc1b-602499932db7","symbol":"CRW3","name":"Leverage Shares 3x Long CoreWeave (CRWV) ETP","exchange":"LSE","country":"GB","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","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, Completed returns and cumulative progression, Range expansion and closing direction, Activity pressure and cumulative balance, Drawdown and recovery pressure, Range pressure and compression."},{"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":21,"displayedObservations":21,"assetType":"ETF","state":"Aligned downward","stateTone":"negative","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","evidenceAlignment":{"status":"Evidence developing","headline":"Price structure is visible; Market Dynamics is not yet established","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","take":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","tone":"neutral","conflict":false},"marketDynamics":{"available":true,"readAvailable":false,"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":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"opens":[5.49615,8.9525,16.17,22.209999,18.709999,27.43,18.254999,14.59,14.54,12.41,10.105,16.48,8.865,4.974,5.95,2.787,3.301,3.081,2.914,4.465,6.5075],"highs":[8.88119,17.514999,26.18,27.34,23.965,35.02,20.805,15.99,15.335,12.965,11.995,16.48,8.865,5.6875,6.155,3.1495,4.866,3.173,4.6515,8.21,6.9],"lows":[5.49615,8.9525,16.17,20.549999,15.5,17.174999,12.85,10.095,11.545,10.935,9.8125,14.64,7.895,4.974,5.9025,2.611,3.209,1.604,2.91,3.9,3.394],"closes":[8.88119,16.834999,23.855,20.74,23.5975,16.9825,15.1425,14.2125,13.3225,10.935,11.82,15.31,8.04,5.1125,6.1325,3.1495,3.2525,2.347,4.191,6.17875,3.5895],"hoverRows":[[{"label":"Open","value":"5.50","className":"is-ohlc","compact":true},{"label":"High","value":"8.88","className":"is-ohlc","compact":true},{"label":"Low","value":"5.50","className":"is-ohlc","compact":true},{"label":"Close","value":"8.88","className":"is-ohlc","compact":true},{"label":"Market 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Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[1.05652,25.14548],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"steady","fourWeekDirection":"steady","now":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"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":"Zone progression","detail":"Across the displayed history, price has moved from the upper positioning area into the lower accumulation zone. Market Dynamics history is not yet sufficient to classify the move.","tone":"neutral"},"chartSummary":"Price is in the accumulation zone. The Market Dynamics bars show whether underlying conditions are repairing or continuing to weaken.","summary":"Across the displayed history, price has moved from the upper positioning area into the lower accumulation zone. Market Dynamics history is not yet sufficient to classify the move.","annotations":[{"label":"Current tape relationship","value":"Zone progression","detail":"Market Dynamics remains positive and was little changed this week.","tone":"neutral"},{"label":"Price location","value":"Accumulation zone","detail":"Price is in the lower accumulation area. With limited Market Dynamics history, the zone describes location rather than a completed positioning signal.","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":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":false,"observations":21,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-04-17","price":23.855}],"reversal_dangers":[{"date":"2026-04-24","price":20.74}]}},"smTape":{"available":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"],"close":[8.8812,16.835,23.855,20.74,23.5975,16.9825,15.1425,14.2125,13.3225,10.935,11.82,15.31,8.04,5.1125,6.1325,3.1495,3.2525,2.347,4.191,6.1787,3.5895],"consensus":[100.0,84.1168,53.5465,-94.4035,74.9687,-17.3077,-21.6386,-14.8935,-24.9512,-44.2128,0.0,14.5736,-56.1998,-51.4047,-19.5716,-37.7376,-41.7906,-39.8415,0.0,17.1573,-47.3878],"supportDates":["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,-30.4077,-16.0334,-3.3999,-13.8715,-46.9819,0.0,13.2294,-60.3067,-53.3551,-2.9135,-19.7791,-47.2285,-36.5348,0.0,7.8128,-50.6667],"force":[100.0,84.1168,53.5465,-94.4035,43.8412,-42.7985,-27.9901,-15.9547,-26.8388,-37.0195,0.0,13.8882,-50.5992,-30.8376,-8.7545,-21.2544,-16.9122,-30.6418,0.0,59.2273,-72.1009],"direction":[null,null,null,null,97.2025,-15.8715,-23.5079,-27.271,-36.2655,-46.186,0.0,16.5995,-55.5068,-63.8665,-58.8424,-70.0354,-53.346,-50.1918,0.0,2.2133,-25.9881],"intensity":[null,null,null,null,50.0,100.0,100.0,28.5714,12.5,22.2222,10.0,54.5455,66.6667,30.7692,7.1429,40.0,25.0,23.5294,33.3333,52.6316,40.0],"confirmation":[54.6667,49.584,39.8015,52.8758,67.9003,32.1683,75.2033,50.3067,76.2108,81.8867,29.3647,72.6632,85.7507,83.793,7.5211,79.8474,80.5319,80.5193,9.3637,30.0537,55.0],"persistence":[null,null,100.0,50.0,60.0,33.3333,14.2857,0.0,25.0,50.0,62.5,37.5,62.5,62.5,62.5,62.5,62.5,62.5,62.5,62.5,62.5],"assessmentRisk":[null,null,null,null,12.3976,9.9531,35.4972,35.7403,36.2775,21.4275,31.4448,5.4867,12.8832,17.4665,35.422,31.0935,24.822,17.5902,31.1634,31.9454,29.8306],"volumeParticipation":true,"latest":{"consensus":-47.4,"control":-50.7,"force":-72.1,"direction":-26.0,"confirmation":55.0,"persistence":62.5,"assessmentRisk":29.8,"intensity":40.0,"evidenceDepth":81},"analysis":{"status":"Price structure has the available support","headline":"The gauges support the price-technical view","summary":"Market Dynamics does not provide a directional confirmation. The completed evidence supports the downward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-47.4","detail":"Price structure has the available support","tone":"negative"},{"label":"SM Control Gauge","value":"-50.7","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-72.1","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-26.0","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"68.6","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"115.7%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"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 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