{"schema_version":"1.0","name":"WDAF Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"ca6f751a-06de-4503-b849-b58622c28a3e","symbol":"WDAF","name":"WISDOMTREE ISSUER ICAV WT ASIA","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":"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":["2026-04-03","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":[24.540001,25.084999,25.625,26.530001,26.59,27.32,26.674999,24.040001,25.68,23.025,23.1975,23.764999,21.950001,22.995001,22.275,20.805,20.700001,20.705,20.4725,22.7075,23.540001],"highs":[24.540001,25.855,27.389999,26.889999,26.945,27.5,26.674999,24.615,26.15,23.025,23.1975,23.764999,21.950001,22.995001,22.35,20.872499,21.7575,20.905001,22.555,23.51,23.612499],"lows":[24.477501,25.084999,25.625,26.530001,26.08,26.26,24.030001,23.195,24.014999,22.33,23.1975,23.764999,21.52,22.995001,21.860001,20.805,20.6425,19.601999,20.4725,22.309999,22.184999],"closes":[24.477501,25.855,26.9725,26.65,26.945,26.615,24.1525,24.4,24.557501,22.334999,23.1975,23.764999,21.6075,22.995001,21.860001,20.872499,21.7575,20.315001,22.555,23.202499,22.625],"hoverRows":[[{"label":"Open","value":"24.5","className":"is-ohlc","compact":true},{"label":"High","value":"24.5","className":"is-ohlc","compact":true},{"label":"Low","value":"24.5","className":"is-ohlc","compact":true},{"label":"Close","value":"24.5","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}],[{"label":"Open","value":"20.7","className":"is-ohlc","compact":true},{"label":"High","value":"20.9","className":"is-ohlc","compact":true},{"label":"Low","value":"19.6","className":"is-ohlc","compact":true},{"label":"Close","value":"20.3","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":"20.5","className":"is-ohlc","compact":true},{"label":"High","value":"22.6","className":"is-ohlc","compact":true},{"label":"Low","value":"20.5","className":"is-ohlc","compact":true},{"label":"Close","value":"22.6","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":[19.915551,27.37195],"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":21,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-04-10","price":25.855}],"reversal_dangers":[{"date":"2026-04-17","price":26.9725}]}},"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":[24.4775,25.855,26.9725,26.65,26.945,26.615,24.1525,24.4,24.5575,22.335,23.1975,23.765,21.6075,22.995,21.86,20.8725,21.7575,20.315,22.555,23.2025,22.625],"consensus":[-100.0,100.0,52.6913,-33.3335,78.7454,20.8603,-65.2869,-18.2382,-32.3603,-78.9256,-25.6285,-17.8975,-71.7436,0.0,-68.5733,-53.2928,8.1043,-63.4062,41.0649,36.2079,-10.9333],"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,1.6534,-59.248,-0.1222,-19.8327,-87.4901,-14.3674,-8.9905,-74.3169,0.0,-76.2657,-28.9785,16.8439,-54.9796,39.4357,32.1985,-22.5451],"force":[-100.0,100.0,52.6913,-33.3335,49.0096,23.2986,-56.916,-25.5633,-14.7844,-61.5111,-15.1082,-11.5365,-56.0507,0.0,-52.6494,-56.7781,52.3603,-75.3956,93.6183,47.6427,-23.1771],"direction":[null,null,null,null,99.9852,78.1324,-78.1679,-70.229,-59.2318,-81.5765,-67.5961,-49.1011,-80.0119,0.0,-71.1563,-78.5912,33.4953,-64.4728,5.3886,32.6223,-11.0831],"intensity":[null,null,null,null,25.0,40.0,100.0,85.7143,75.0,100.0,30.0,27.2727,83.3333,53.8462,42.8571,60.0,31.25,52.9412,83.3333,73.6842,20.0],"confirmation":[54.6667,54.6667,39.5279,33.3334,69.1725,10.9957,88.7287,10.2309,78.0105,92.595,33.021,30.0937,90.4405,6.0275,89.341,85.5304,33.6213,88.7838,60.1005,79.9961,28.7259],"persistence":[null,null,33.3333,0.0,20.0,33.3333,14.2857,0.0,0.0,25.0,50.0,50.0,75.0,87.5,87.5,87.5,62.5,62.5,37.5,12.5,12.5],"assessmentRisk":[null,null,null,null,10.5615,29.0031,16.2403,38.7942,32.5581,10.4321,19.7279,15.4723,13.1526,23.3034,5.1704,22.5828,1.945,16.9029,1.6544,28.9386,33.9983],"volumeParticipation":true,"latest":{"consensus":-10.9,"control":-22.5,"force":-23.2,"direction":-11.1,"confirmation":28.7,"persistence":12.5,"assessmentRisk":34.0,"intensity":20.0,"evidenceDepth":81},"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":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-10.9","detail":"Completed tape has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-22.5","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-23.2","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-11.1","detail":"Follow-through is limited","tone":"negative"},{"label":"SM Confirmation Gauge","value":"29/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"61.0","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"5.2%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"38%","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 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