{"schema_version":"1.0","name":"IEMID Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"33777989-08fb-4f14-924a-8103b7189b31","symbol":"IEMID","name":"Indépendance AM Europe Mid UCITS ETF E (C) EUR","exchange":"PAR","country":"FR","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, Range pressure and compression, Range position and boundary pressure, Activity pressure and cumulative balance, Directional strength and control, Acceleration, deceleration and rollover."},{"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":34,"displayedObservations":34,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","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":["2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"values":[0.432199,0.537913,0.484897,0.575024,0.699339,0.812755],"opens":[113.400002,113.82,115.360001,116.919998,117.080002,118.540001],"highs":[113.5,115.239998,117.559998,120.639999,123.0,118.540001],"lows":[112.540001,112.919998,113.599998,115.660004,116.239998,115.199997],"closes":[113.139999,114.32,115.339996,117.139999,117.559998,117.220001],"hoverRows":[[{"label":"Open","value":"113.4","className":"is-ohlc","compact":true},{"label":"High","value":"113.5","className":"is-ohlc","compact":true},{"label":"Low","value":"112.5","className":"is-ohlc","compact":true},{"label":"Close","value":"113.1","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":"113.8","className":"is-ohlc","compact":true},{"label":"High","value":"115.2","className":"is-ohlc","compact":true},{"label":"Low","value":"112.9","className":"is-ohlc","compact":true},{"label":"Close","value":"114.3","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":"115.4","className":"is-ohlc","compact":true},{"label":"High","value":"117.6","className":"is-ohlc","compact":true},{"label":"Low","value":"113.6","className":"is-ohlc","compact":true},{"label":"Close","value":"115.3","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":"116.9","className":"is-ohlc","compact":true},{"label":"High","value":"120.6","className":"is-ohlc","compact":true},{"label":"Low","value":"115.7","className":"is-ohlc","compact":true},{"label":"Close","value":"117.1","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":"117.1","className":"is-ohlc","compact":true},{"label":"High","value":"123.0","className":"is-ohlc","compact":true},{"label":"Low","value":"116.2","className":"is-ohlc","compact":true},{"label":"Close","value":"117.6","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":"118.5","className":"is-ohlc","compact":true},{"label":"High","value":"118.5","className":"is-ohlc","compact":true},{"label":"Low","value":"115.2","className":"is-ohlc","compact":true},{"label":"Close","value":"117.2","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":[112.874799,117.825198],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened 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":"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 strengthened this week and remains positive.","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 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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.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"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.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","sample":0},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price structure is upward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"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":"The current relationship is visible, but this ticker does not yet have a completed comparable outcome.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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":[101.7,101.7,101.7,101.7,107.42,107.9,108.96,110.9,112.0,106.34,104.88,102.2,102.18,105.54,109.98,111.28,109.2,110.76,111.48,109.76,110.04,113.82,112.7,114.12,115.02,111.78,115.54,112.82,113.14,114.32,115.34,117.14,117.56,117.22],"consensus":[0.0,0.0,0.0,0.0,99.6018,76.0743,56.9127,90.4589,88.4267,-44.5063,-48.3658,-76.3649,-29.2413,37.719,69.0843,72.5828,0.0,59.2108,37.2922,-24.4875,15.1839,69.6188,0.0,45.5615,50.1533,-24.8388,68.1433,-20.1775,0.0,40.4288,27.8583,45.2591,27.8948,19.615],"supportDates":["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,65.693,39.4143,85.4327,83.8171,-38.1403,-27.3864,-63.2258,-10.5356,42.3974,55.411,65.2417,0.0,51.5458,29.9986,-20.0976,8.717,72.1015,0.0,43.713,53.1263,-25.7436,72.3575,-18.2156,0.0,32.5595,25.5283,31.5183,17.768,15.634],"force":[0.0,0.0,0.0,0.0,99.0444,62.6008,31.1883,93.2423,88.7563,-97.5146,-71.6972,-98.3004,-1.2658,81.0819,83.996,79.2944,0.0,75.0639,34.7804,-81.7846,10.6719,87.8524,0.0,35.219,34.621,-54.987,85.6129,-56.5086,0.0,57.7821,35.8913,59.9737,15.6042,3.3126],"direction":[null,null,null,null,100.0,97.5626,95.2855,94.2151,93.4594,-13.9186,-55.6769,-75.7128,-70.6017,1.3986,74.0596,76.1787,0.0,56.6471,47.4219,-11.422,25.7976,53.7574,0.0,55.0615,57.85,-2.2703,50.8487,-3.5312,0.0,37.027,24.7832,50.4524,48.2474,40.5415],"intensity":[null,null,null,null,100.0,80.0,66.6667,57.1429,75.0,77.7778,70.0,63.6364,66.6667,69.2308,78.5714,73.3333,43.75,23.5294,61.1111,36.8421,25.0,76.1905,18.1818,21.7391,16.6667,68.0,76.9231,55.5556,14.2857,31.0345,53.3333,67.7419,53.125,90.9091],"confirmation":[0.0,0.0,0.0,0.0,77.1804,92.0913,85.6947,97.1083,96.3768,83.9545,84.5078,93.3055,54.123,58.6536,90.7698,91.5429,36.8979,87.5474,79.9681,34.7524,72.8199,90.7959,7.2888,82.2926,83.5304,54.1868,90.274,53.6806,24.7355,81.586,77.195,83.1407,76.7061,51.6787],"persistence":[null,null,0.0,0.0,20.0,33.3333,42.8571,50.0,62.5,50.0,37.5,25.0,0.0,0.0,0.0,0.0,12.5,12.5,37.5,37.5,62.5,62.5,50.0,50.0,62.5,37.5,37.5,37.5,25.0,25.0,37.5,37.5,37.5,62.5],"assessmentRisk":[null,null,null,null,0.7777,11.5626,21.4589,4.7637,5.182,3.3189,21.238,11.6577,35.3288,33.5676,12.7193,13.5357,51.6929,18.6866,7.5501,13.8989,8.2227,5.4339,21.38,25.4548,24.3434,23.7287,8.3523,16.6318,38.9023,21.8451,18.781,25.7958,34.8758,34.9077],"volumeParticipation":true,"latest":{"consensus":19.6,"control":15.6,"force":3.3,"direction":40.5,"confirmation":51.7,"persistence":62.5,"assessmentRisk":34.9,"intensity":90.9,"evidenceDepth":100},"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 upward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"positive","supportedView":"Price structure","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is easing","forceState":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Developing","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+19.6","detail":"Price structure has the available support","tone":"positive"},{"label":"SM Control Gauge","value":"+15.6","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+3.3","detail":"Commitment is limited","tone":"positive"},{"label":"SM Direction Gauge","value":"+40.5","detail":"Upward 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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,91.2699,97.723,44.0228,30.1708,4.7438,20.4114,46.9937,82.1203,92.4051,75.9494,88.2912,81.0368,69.3042,71.2142,96.9986,89.3588,96.9292,99.2278,78.3784,99.8747,82.8321,84.8371,92.2306,87.6392,83.365,76.7521,75.2992],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-0.7873,-0.2138,-5.2566,-6.5574,-8.9451,-8.9629,-5.9693,-2.0135,-0.8553,-2.7085,-1.3186,-2.433,-3.9384,-3.6933,-0.3851,-1.3653,-0.4015,-0.1042,-2.9182,-0.0173,-2.3711,-2.0941,-1.073,-1.8884,-2.9012,-4.4228,-4.6992],"stroke":"#c13f3f","width":1.5},{"label":"From 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}