{"schema_version":"1.0","name":"UBTA Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"f595ad9b-ef22-49cf-a697-7a7d878340d3","symbol":"UBTA","name":"UBS BBG TIPS 10+ UCITS ETF USD A-acc","exchange":"LSE","country":"GB","asset_type":"etf","currency":"GBP","sector":null,"industry":null},"summary":"Price structure and the underlying tape currently reinforce the same downside read.","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 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the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"accumulation","zoneContext":"Price is within accumulation conditions, but the completed tape has not yet confirmed a recovery. The zone is a watch area rather than a directional signal.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":33.3,"averageReturn":1.5,"sample":3},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is downward","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. 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trend references are aligned downward.","series":[{"label":"Close","values":[8.418,8.378,8.3855,8.4075,8.42,8.493,8.686,8.551,8.4005,8.523,8.499,8.6535,8.777,8.777,8.819,8.8315,9.0065,9.0155,12.1566,9.1205,9.0805,9.0375,9.0415,9.0475,8.826,8.725,8.777,8.6715,8.6545,8.7705,8.823,8.674,8.531,8.632,8.8375,8.8865,9.0125,8.9375,8.775,8.678,8.66,8.795,8.684,8.659,8.702,8.6095,8.652,8.6305,8.59,8.7505,8.7505,8.738,8.919,8.9765,8.753,8.609,8.5835,8.556,8.357,8.419,8.336,8.3445],"stroke":"#10243b","width":2.1},{"label":"Fast 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risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[0.0,-0.4752,-0.3861,-0.1247,0.0,0.0,0.0,-1.5542,-3.2869,-1.8766,-2.1529,-0.3742,0.0,0.0,0.0,0.0,0.0,0.0,0.0,-24.9749,-25.304,-25.6577,-25.6248,-25.5754,-27.3975,-28.2283,-27.8005,-28.6684,-28.8082,-27.854,-27.4221,-28.6478,-29.8241,-28.9933,-27.3029,-26.8998,-25.8633,-26.4803,-27.817,-28.6149,-28.763,-27.6525,-28.5656,-28.7712,-28.4175,-29.1784,-28.8288,-29.0056,-29.3388,-28.0185,-28.0185,-28.1213,-26.6324,-26.1595,-27.998,-29.1825,-29.3923,-29.6185,-31.2554,-30.7454,-31.4282,-31.3583],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,2.0649,0.2686,1.7307,1.4443,3.2884,4.7625,4.7625,5.2638,5.413,7.5018,7.6092,45.1015,8.8625,8.3851,7.8718,7.9196,7.9912,5.3473,4.1418,4.7625,3.4106,3.0236,4.4045,5.0295,3.2558,1.5535,2.7558,3.9828,4.5594,5.6441,4.765,2.8602,1.7231,1.5121,3.0946,1.7935,1.5004,2.0045,0.9202,1.4184,1.1663,0.6916,2.573,2.573,2.4264,4.5481,5.2221,2.6023,0.9143,0.6154,0.293,0.0,0.7419,0.0,0.102],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior 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