{"schema_version":"1.0","name":"NBIX Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"d653c93e-07ff-4c3b-9d73-10cb99c78147","symbol":"NBIX","name":"NBI International Equity Index Fund","exchange":"TOR","country":"CA","asset_type":"etf","currency":"CAD","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 position and boundary pressure, Range pressure and compression, Activity pressure and cumulative balance."},{"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":"2026-08-14","observations":13,"displayedObservations":13,"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":["2026-05-22","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"],"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":[10.3,10.36,10.36,10.61,10.58,10.46,10.75,10.65,10.47,10.32,10.46,10.81,10.97],"highs":[10.3,10.36,10.46,10.61,10.58,10.46,10.75,10.65,10.57,10.62,10.46,10.89,10.97],"lows":[10.3,10.36,10.19,10.59,10.58,10.42,10.71,10.64,10.47,10.32,10.46,10.81,10.84],"closes":[10.3,10.36,10.19,10.61,10.58,10.43,10.73,10.64,10.47,10.53,10.46,10.89,10.87],"hoverRows":[[{"label":"Open","value":"10.3","className":"is-ohlc","compact":true},{"label":"High","value":"10.3","className":"is-ohlc","compact":true},{"label":"Low","value":"10.3","className":"is-ohlc","compact":true},{"label":"Close","value":"10.3","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":"10.4","className":"is-ohlc","compact":true},{"label":"High","value":"10.4","className":"is-ohlc","compact":true},{"label":"Low","value":"10.4","className":"is-ohlc","compact":true},{"label":"Close","value":"10.4","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":"10.4","className":"is-ohlc","compact":true},{"label":"High","value":"10.5","className":"is-ohlc","compact":true},{"label":"Low","value":"10.2","className":"is-ohlc","compact":true},{"label":"Close","value":"10.2","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}],[{"label":"Open","value":"10.6","className":"is-ohlc","compact":true},{"label":"High","value":"10.6","className":"is-ohlc","compact":true},{"label":"Low","value":"10.6","className":"is-ohlc","compact":true},{"label":"Close","value":"10.6","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":"10.6","className":"is-ohlc","compact":true},{"label":"High","value":"10.6","className":"is-ohlc","compact":true},{"label":"Low","value":"10.6","className":"is-ohlc","compact":true},{"label":"Close","value":"10.6","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":"10.5","className":"is-ohlc","compact":true},{"label":"High","value":"10.5","className":"is-ohlc","compact":true},{"label":"Low","value":"10.4","className":"is-ohlc","compact":true},{"label":"Close","value":"10.4","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":"10.8","className":"is-ohlc","compact":true},{"label":"High","value":"10.8","className":"is-ohlc","compact":true},{"label":"Low","value":"10.7","className":"is-ohlc","compact":true},{"label":"Close","value":"10.7","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":"10.7","className":"is-ohlc","compact":true},{"label":"High","value":"10.7","className":"is-ohlc","compact":true},{"label":"Low","value":"10.6","className":"is-ohlc","compact":true},{"label":"Close","value":"10.6","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":"10.5","className":"is-ohlc","compact":true},{"label":"High","value":"10.6","className":"is-ohlc","compact":true},{"label":"Low","value":"10.5","className":"is-ohlc","compact":true},{"label":"Close","value":"10.5","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":"10.3","className":"is-ohlc","compact":true},{"label":"High","value":"10.6","className":"is-ohlc","compact":true},{"label":"Low","value":"10.3","className":"is-ohlc","compact":true},{"label":"Close","value":"10.5","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":"10.5","className":"is-ohlc","compact":true},{"label":"High","value":"10.5","className":"is-ohlc","compact":true},{"label":"Low","value":"10.5","className":"is-ohlc","compact":true},{"label":"Close","value":"10.5","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":"10.8","className":"is-ohlc","compact":true},{"label":"High","value":"10.9","className":"is-ohlc","compact":true},{"label":"Low","value":"10.8","className":"is-ohlc","compact":true},{"label":"Close","value":"10.9","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":"11.0","className":"is-ohlc","compact":true},{"label":"High","value":"11.0","className":"is-ohlc","compact":true},{"label":"Low","value":"10.8","className":"is-ohlc","compact":true},{"label":"Close","value":"10.9","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":[10.148,10.932],"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 progressed from the lower accumulation area, through the middle range and into the upper positioning zone. This describes price location only; it does not establish active distribution or a reversal.","tone":"neutral"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Across the displayed history, price has progressed from the lower accumulation area, through the middle range and into the upper positioning zone. This describes price location only; it does not establish active distribution or a reversal.","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":"Upper positioning zone","detail":"Price is in the area labelled as the distribution zone on the chart. With limited Market Dynamics history, the label describes location and extension only.","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":13,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-22","price":10.3}],"reversal_dangers":[{"date":"2026-05-29","price":10.36}]}},"smTape":{"available":true,"dates":["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"],"close":[10.3,10.36,10.19,10.61,10.58,10.43,10.73,10.64,10.47,10.53,10.46,10.89,10.87],"consensus":[0.0,0.0,-100.0,58.0,57.7383,0.0,60.0033,0.0,-38.0274,49.1202,-24.8116,78.7359,26.4056],"supportDates":["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"],"control":[null,null,null,null,null,0.0,56.917,0.0,-28.6128,33.6049,-16.7453,86.9498,11.3245],"force":[0.0,0.0,-100.0,58.0,1.3855,0.0,28.9099,0.0,-80.5099,79.9977,-29.0997,62.5811,22.485],"direction":[null,null,null,null,99.9696,0.0,85.7402,0.0,-18.4422,44.7966,-30.9675,80.8876,78.5631],"intensity":[null,null,null,null,25.0,60.0,83.3333,42.8571,75.0,44.4444,50.0,100.0,25.0],"confirmation":[0.0,0.0,54.6667,41.2267,38.8835,32.7705,86.3005,13.6015,81.6069,84.8959,76.1933,92.578,34.6531],"persistence":[null,null,33.3333,0.0,20.0,16.6667,28.5714,25.0,12.5,25.0,25.0,25.0,25.0],"assessmentRisk":[null,null,null,null,14.0089,12.2325,19.2591,5.0968,4.9361,1.3725,31.9983,1.4977,34.6536],"volumeParticipation":true,"latest":{"consensus":26.4,"control":11.3,"force":22.5,"direction":78.6,"confirmation":34.7,"persistence":25.0,"assessmentRisk":34.7,"intensity":25.0,"evidenceDepth":50},"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":"Control support is limited","controlPath":"Control support is easing","forceState":"Upward commitment","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"+26.4","detail":"Price structure has the available support","tone":"positive"},{"label":"SM Control Gauge","value":"+11.3","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+22.5","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+78.6","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"35/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"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":"87%","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 upward.","series":[{"label":"Close","values":[10.3,10.36,10.19,10.61,10.58,10.43,10.73,10.64,10.47,10.53,10.46,10.89,10.87],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,10.3896,10.397,10.4575,10.4907,10.4869,10.4948,10.4884,10.5614,10.6175],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,10.4793],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,10.8008,10.7842,10.8828,10.943],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,10.1672,10.1795,10.1488,10.1431],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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"]},{"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,0.5825,-1.6409,4.1217,-0.2828,-1.4178,2.8763,-0.8388,-1.5977,0.5731,-0.6648,4.1109,-0.1837],"stroke":"#176fa3","width":1.7},{"label":"Cumulative progression","values":[0.0,0.5825,-1.068,3.0097,2.7184,1.2621,4.1748,3.301,1.6505,2.233,1.5534,5.7282,5.534],"stroke":"#07865c","width":2.0}],"guides":[{"label":"Starting level","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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"bar_range","eyebrow":"Completed-bar anatomy","title":"Range expansion and closing direction","description":"The completed range and open-to-close direction expose expansion, compression and control.","reason":"Selected because these measures use every completed bar and do not require a long history.","series":[{"label":"Completed range","values":[0.0,0.0,2.6497,0.1885,0.0,0.3835,0.3728,0.094,0.9551,2.849,0.0,0.7346,1.196],"stroke":"#b87806","width":1.8},{"label":"Open-to-close direction","values":[0.0,0.0,-1.6409,0.0,0.0,-0.2868,-0.186,-0.0939,0.0,2.0349,0.0,0.7401,-0.9116],"stroke":"#176fa3","width":1.8}],"guides":[{"label":"Unchanged close","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],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through 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,80.3571,50.0,60.7143,48.2143,100.0,87.1795],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-1.0233,-2.6047,-2.0465,-2.6977,0.0,-0.9116],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,4.4161,2.7478,3.3366,2.6497,6.8695,6.6732],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,6.0427,5.7687,6.9802,7.587],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["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"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,28.091,32.6852,80.9461,0.0,10.4212,85.7809],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,80.4163,78.1957,83.5812,83.5812,84.164,79.4226],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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"]}]},"canonical_url":"https://sharemaestro.com/terminal/d653c93e-07ff-4c3b-9d73-10cb99c78147/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/d653c93e-07ff-4c3b-9d73-10cb99c78147/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/d653c93e-07ff-4c3b-9d73-10cb99c78147/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/d653c93e-07ff-4c3b-9d73-10cb99c78147/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/d653c93e-07ff-4c3b-9d73-10cb99c78147/technical-pack/data.json"},"source_fingerprint":"e49e6383be7513547b2aa08841f0c6bcfc94dbec6250354aea2b89360f7e3de7","content_hash":"d21aa1a06615d7dc5e0407b7a07dae3bd93d8ee5d4173de3553cb651b397e314","citation":"Sharemaestro, NBIX Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/d653c93e-07ff-4c3b-9d73-10cb99c78147/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."}