{"schema_version":"1.0","name":"TCHI Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"04034d59-d635-4cbf-8fb0-25d1d342f986","symbol":"TCHI","name":"iShares MSCI China Multisector Tech ETF","exchange":"MEX","country":"MX","asset_type":"etf","currency":"MXN","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, Range pressure and compression, Drawdown and recovery pressure, Range position and boundary 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":13,"displayedObservations":13,"assetType":"ETF","state":"Rotational","stateTone":"caution","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":["2026-05-29","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],"opens":[443.918488,442.576857,428.616673,430.0,430.0,455.0,441.0,441.0,441.0,441.0,441.0,441.0,441.0],"highs":[443.918488,442.576857,428.616673,430.0,430.0,455.0,441.0,441.0,441.0,441.0,441.0,441.0,441.0],"lows":[443.918488,442.576857,428.616673,430.0,430.0,455.0,441.0,441.0,441.0,441.0,441.0,441.0,441.0],"closes":[443.918488,442.576857,428.616673,430.0,430.0,455.0,441.0,441.0,441.0,441.0,441.0,441.0,441.0],"hoverRows":[[{"label":"Open","value":"443.9","className":"is-ohlc","compact":true},{"label":"High","value":"443.9","className":"is-ohlc","compact":true},{"label":"Low","value":"443.9","className":"is-ohlc","compact":true},{"label":"Close","value":"443.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal warning","className":"is-caution","wide":true}],[{"label":"Open","value":"442.6","className":"is-ohlc","compact":true},{"label":"High","value":"442.6","className":"is-ohlc","compact":true},{"label":"Low","value":"442.6","className":"is-ohlc","compact":true},{"label":"Close","value":"442.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"428.6","className":"is-ohlc","compact":true},{"label":"High","value":"428.6","className":"is-ohlc","compact":true},{"label":"Low","value":"428.6","className":"is-ohlc","compact":true},{"label":"Close","value":"428.6","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"430.0","className":"is-ohlc","compact":true},{"label":"High","value":"430.0","className":"is-ohlc","compact":true},{"label":"Low","value":"430.0","className":"is-ohlc","compact":true},{"label":"Close","value":"430.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"430.0","className":"is-ohlc","compact":true},{"label":"High","value":"430.0","className":"is-ohlc","compact":true},{"label":"Low","value":"430.0","className":"is-ohlc","compact":true},{"label":"Close","value":"430.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"455.0","className":"is-ohlc","compact":true},{"label":"High","value":"455.0","className":"is-ohlc","compact":true},{"label":"Low","value":"455.0","className":"is-ohlc","compact":true},{"label":"Close","value":"455.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"441.0","className":"is-ohlc","compact":true},{"label":"High","value":"441.0","className":"is-ohlc","compact":true},{"label":"Low","value":"441.0","className":"is-ohlc","compact":true},{"label":"Close","value":"441.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"441.0","className":"is-ohlc","compact":true},{"label":"High","value":"441.0","className":"is-ohlc","compact":true},{"label":"Low","value":"441.0","className":"is-ohlc","compact":true},{"label":"Close","value":"441.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"441.0","className":"is-ohlc","compact":true},{"label":"High","value":"441.0","className":"is-ohlc","compact":true},{"label":"Low","value":"441.0","className":"is-ohlc","compact":true},{"label":"Close","value":"441.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"441.0","className":"is-ohlc","compact":true},{"label":"High","value":"441.0","className":"is-ohlc","compact":true},{"label":"Low","value":"441.0","className":"is-ohlc","compact":true},{"label":"Close","value":"441.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"441.0","className":"is-ohlc","compact":true},{"label":"High","value":"441.0","className":"is-ohlc","compact":true},{"label":"Low","value":"441.0","className":"is-ohlc","compact":true},{"label":"Close","value":"441.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"441.0","className":"is-ohlc","compact":true},{"label":"High","value":"441.0","className":"is-ohlc","compact":true},{"label":"Low","value":"441.0","className":"is-ohlc","compact":true},{"label":"Close","value":"441.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"441.0","className":"is-ohlc","compact":true},{"label":"High","value":"441.0","className":"is-ohlc","compact":true},{"label":"Low","value":"441.0","className":"is-ohlc","compact":true},{"label":"Close","value":"441.0","className":"is-ohlc","compact":true},{"label":"Market 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":[427.033673,456.583],"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":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","tone":"neutral"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","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":"Between zones","detail":"Price is progressing between the lower and upper positioning zones while the Market Dynamics read develops.","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":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":false,"observations":13,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-29","price":443.918488}],"reversal_dangers":[{"date":"2026-06-05","price":442.576857}]}},"smTape":{"available":true,"dates":["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":[443.9185,442.5769,428.6167,430.0,430.0,455.0,441.0,441.0,441.0,441.0,441.0,441.0,441.0],"consensus":[0.0,0.0,0.0,0.0,-65.8333,70.1518,0.0,14.7242,14.6669,-13.0433,0.0,0.0,0.0],"supportDates":["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,61.7467,0.0,1.0362,0.9565,-0.883,0.0,0.0,0.0],"force":[0.0,0.0,0.0,0.0,-18.0,55.9958,0.0,17.955,17.9731,-17.9981,0.0,0.0,0.0],"direction":[null,null,null,null,-100.0,89.869,0.0,28.0599,27.9745,-25.4198,0.0,0.0,0.0],"intensity":[null,null,null,null,25.0,100.0,83.3333,28.5714,37.5,44.4444,50.0,54.5455,58.3333],"confirmation":[0.0,0.0,0.0,0.0,64.2133,90.1452,30.0336,50.3521,50.3364,50.0588,0.2094,0.1933,0.1785],"persistence":[null,null,0.0,0.0,20.0,0.0,0.0,12.5,25.0,12.5,12.5,12.5,25.0],"assessmentRisk":[null,null,null,null,16.0306,2.6363,38.7409,28.742,30.2085,36.7669,0.364,0.336,0.3102],"volumeParticipation":false,"latest":{"consensus":0.0,"control":0.0,"force":0.0,"direction":0.0,"confirmation":0.2,"persistence":25.0,"assessmentRisk":0.3,"intensity":58.3,"evidenceDepth":50},"analysis":{"status":"No directional advantage","headline":"The gauges do not support either side","summary":"Control, force and direction are too balanced to support an upward or downward assessment.","take":"Current assessment: wait for a clearer directional advantage.","tone":"neutral","supportedView":"Neither side","direction":"balanced","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Broadly stable","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+0.0","detail":"No directional advantage","tone":"neutral"},{"label":"SM Control Gauge","value":"+0.0","detail":"Control support is limited","tone":"neutral"},{"label":"SM Force Gauge","value":"+0.0","detail":"Commitment is limited","tone":"neutral"},{"label":"SM Direction Gauge","value":"+0.0","detail":"Follow-through is limited","tone":"neutral"},{"label":"SM Confirmation Gauge","value":"0/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"-","detail":"Developing","tone":"neutral"},{"label":"Risk pressure","value":"-","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"47%","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 is rotating through its trend references.","series":[{"label":"Close","values":[443.9185,442.5769,428.6167,430.0,430.0,455.0,441.0,441.0,441.0,441.0,441.0,441.0,441.0],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,437.3213,440.5356,440.62,440.6891,440.7456,440.7919,440.8297,440.8607,440.886],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,441.5415],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,454.6047,454.0709,453.5962,453.1705],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,424.2177,425.0404,425.7558,426.3852],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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":"returns","eyebrow":"Observed return path","title":"Completed returns and cumulative progression","description":"Period returns are shown beside the total move recorded across the available tape.","reason":"Selected because direct returns remain fully observable while longer indicators develop.","series":[{"label":"Period return","values":[null,-0.3022,-3.1543,0.3227,0.0,5.814,-3.0769,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#176fa3","width":1.7},{"label":"Cumulative progression","values":[0.0,-0.3022,-3.447,-3.1354,-3.1354,2.4963,-0.6574,-0.6574,-0.6574,-0.6574,-0.6574,-0.6574,-0.6574],"stroke":"#07865c","width":2.0}],"guides":[{"label":"Starting 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TCHI Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/04034d59-d635-4cbf-8fb0-25d1d342f986/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."}