{"schema_version":"1.0","name":"NDIA Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"16159a1d-05f9-4fe4-bca1-40f8c0f5c34e","symbol":"NDIA","name":"iShares MSCI India UCITS ETF USD Acc","exchange":"MIL","country":"IT","asset_type":"etf","currency":"EUR","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, Activity pressure and cumulative balance, 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":[7.457,7.305,7.284,7.724,7.747,7.729,7.748,7.649,7.629,7.644,7.848,7.849,7.694],"highs":[7.496,7.343,7.423,7.742,7.791,7.729,7.77,7.713,7.699,7.795,7.876,7.849,7.709],"lows":[7.283,7.258,7.262,7.687,7.716,7.691,7.735,7.639,7.5,7.635,7.812,7.692,7.559],"closes":[7.406,7.304,7.412,7.704,7.791,7.726,7.758,7.695,7.614,7.763,7.841,7.7,7.6],"hoverRows":[[{"label":"Open","value":"7.46","className":"is-ohlc","compact":true},{"label":"High","value":"7.50","className":"is-ohlc","compact":true},{"label":"Low","value":"7.28","className":"is-ohlc","compact":true},{"label":"Close","value":"7.41","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":"7.30","className":"is-ohlc","compact":true},{"label":"High","value":"7.34","className":"is-ohlc","compact":true},{"label":"Low","value":"7.26","className":"is-ohlc","compact":true},{"label":"Close","value":"7.30","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":"7.28","className":"is-ohlc","compact":true},{"label":"High","value":"7.42","className":"is-ohlc","compact":true},{"label":"Low","value":"7.26","className":"is-ohlc","compact":true},{"label":"Close","value":"7.41","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":"7.72","className":"is-ohlc","compact":true},{"label":"High","value":"7.74","className":"is-ohlc","compact":true},{"label":"Low","value":"7.69","className":"is-ohlc","compact":true},{"label":"Close","value":"7.70","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":"7.75","className":"is-ohlc","compact":true},{"label":"High","value":"7.79","className":"is-ohlc","compact":true},{"label":"Low","value":"7.72","className":"is-ohlc","compact":true},{"label":"Close","value":"7.79","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":"7.73","className":"is-ohlc","compact":true},{"label":"High","value":"7.73","className":"is-ohlc","compact":true},{"label":"Low","value":"7.69","className":"is-ohlc","compact":true},{"label":"Close","value":"7.73","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":"7.75","className":"is-ohlc","compact":true},{"label":"High","value":"7.77","className":"is-ohlc","compact":true},{"label":"Low","value":"7.74","className":"is-ohlc","compact":true},{"label":"Close","value":"7.76","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":"7.65","className":"is-ohlc","compact":true},{"label":"High","value":"7.71","className":"is-ohlc","compact":true},{"label":"Low","value":"7.64","className":"is-ohlc","compact":true},{"label":"Close","value":"7.70","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":"7.63","className":"is-ohlc","compact":true},{"label":"High","value":"7.70","className":"is-ohlc","compact":true},{"label":"Low","value":"7.50","className":"is-ohlc","compact":true},{"label":"Close","value":"7.61","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":"7.64","className":"is-ohlc","compact":true},{"label":"High","value":"7.79","className":"is-ohlc","compact":true},{"label":"Low","value":"7.63","className":"is-ohlc","compact":true},{"label":"Close","value":"7.76","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":"7.85","className":"is-ohlc","compact":true},{"label":"High","value":"7.88","className":"is-ohlc","compact":true},{"label":"Low","value":"7.81","className":"is-ohlc","compact":true},{"label":"Close","value":"7.84","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":"7.85","className":"is-ohlc","compact":true},{"label":"High","value":"7.85","className":"is-ohlc","compact":true},{"label":"Low","value":"7.69","className":"is-ohlc","compact":true},{"label":"Close","value":"7.70","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":"7.69","className":"is-ohlc","compact":true},{"label":"High","value":"7.71","className":"is-ohlc","compact":true},{"label":"Low","value":"7.56","className":"is-ohlc","compact":true},{"label":"Close","value":"7.60","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":[7.27178,7.87322],"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":7.406}],"reversal_dangers":[{"date":"2026-06-05","price":7.304}]}},"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":[7.406,7.304,7.412,7.704,7.791,7.726,7.758,7.695,7.614,7.763,7.841,7.7,7.6],"consensus":[15.493,8.2353,86.3354,-22.1455,67.6801,39.3917,41.4785,15.9037,-16.419,51.918,42.5726,-24.831,-26.6017],"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,35.8083,37.1916,23.0005,-4.307,50.6667,33.3388,-26.2172,-29.0301],"force":[15.493,8.2353,86.3354,-22.1455,33.3452,12.7033,18.0811,8.5772,-42.0618,73.8412,46.6799,-76.3442,-41.7658],"direction":[null,null,null,null,92.205,62.5503,63.0901,25.2794,-11.9451,37.6887,50.1918,-13.5483,-12.995],"intensity":[null,null,null,null,25.0,20.0,16.6667,57.1429,75.0,77.7778,90.0,63.6364,58.3333],"confirmation":[27.6244,25.302,50.294,29.7532,65.4214,79.8466,80.6254,28.7314,51.5535,85.301,81.8891,35.0517,55.0],"persistence":[null,null,100.0,50.0,60.0,66.6667,71.4286,75.0,50.0,50.0,50.0,50.0,25.0],"assessmentRisk":[null,null,null,null,15.7608,30.059,28.7992,11.5005,36.2124,11.4838,8.9756,14.4196,7.6976],"volumeParticipation":true,"latest":{"consensus":-26.6,"control":-29.0,"force":-41.8,"direction":-13.0,"confirmation":55.0,"persistence":25.0,"assessmentRisk":7.7,"intensity":58.3,"evidenceDepth":50},"analysis":{"status":"Completed tape has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Completed tape","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-26.6","detail":"Completed tape has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-29.0","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-41.8","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-13.0","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"55/100","detail":"Qualified support","tone":"neutral"}]},"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":"55%","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":[7.406,7.304,7.412,7.704,7.791,7.726,7.758,7.695,7.614,7.763,7.841,7.7,7.6],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,7.5109,7.55,7.5878,7.6073,7.6085,7.6366,7.6738,7.6785,7.6643],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,7.5687],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,7.9529,7.9825,7.9748,7.9593],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower 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NDIA Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/16159a1d-05f9-4fe4-bca1-40f8c0f5c34e/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."}