{
  "ticker": {
    "uuid": "0306fb7b-b571-43c4-b44e-e72948fcfdce",
    "symbol": "009800",
    "name": "CTBC NASDAQ 100 ETF",
    "exchange": "TAI",
    "country": "TW",
    "assetType": "etf"
  },
  "methodBoundary": "The SM framework classifies the established weekly price path as the Core Trend. Faster and slower Trend views and Sharemaestro context describe that state but do not alter its direction.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "latest_close": 13.15,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 9.69,
    "boundary_margin": 0.357069,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.163005,
    "volatility_stability": 0.8355,
    "risk_context": 0.6135,
    "current_regime": {
      "move": 0.188969,
      "interruption": -0.048825,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 99.615,
    "interpretation": {
      "label": "Positive across all Trend views",
      "headline": "All measured Trend views are positive",
      "body": "The faster, intermediate, established and Core Trend views point in the same direction, giving the current regime broad agreement.",
      "age_context": "The current Core Trend is established.",
      "boundary_context": "The latest close is 35.7% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-02-13",
        "close": 11.06,
        "direction_boundary": 10.11,
        "core_momentum": 0.093966,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.143121
      },
      {
        "date": "2026-02-27",
        "close": 10.99,
        "direction_boundary": 10.13,
        "core_momentum": 0.084896,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.142475
      },
      {
        "date": "2026-03-06",
        "close": 11.05,
        "direction_boundary": 9.74,
        "core_momentum": 0.134497,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.140866
      },
      {
        "date": "2026-03-13",
        "close": 10.91,
        "direction_boundary": 9.27,
        "core_momentum": 0.176915,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.142686
      },
      {
        "date": "2026-03-20",
        "close": 10.83,
        "direction_boundary": 8.96,
        "core_momentum": 0.208705,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.14336
      },
      {
        "date": "2026-03-27",
        "close": 10.55,
        "direction_boundary": 9.08,
        "core_momentum": 0.161894,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.14728
      },
      {
        "date": "2026-04-03",
        "close": 10.52,
        "direction_boundary": 9.17,
        "core_momentum": 0.147219,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.146951
      },
      {
        "date": "2026-04-10",
        "close": 11.06,
        "direction_boundary": 9.02,
        "core_momentum": 0.226164,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.159949
      },
      {
        "date": "2026-04-17",
        "close": 11.51,
        "direction_boundary": 8.48,
        "core_momentum": 0.357311,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.168236
      },
      {
        "date": "2026-04-24",
        "close": 11.77,
        "direction_boundary": 8.4,
        "core_momentum": 0.40119,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.167514
      },
      {
        "date": "2026-05-01",
        "close": 11.94,
        "direction_boundary": 8.75,
        "core_momentum": 0.364571,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.166845
      },
      {
        "date": "2026-05-08",
        "close": 12.49,
        "direction_boundary": 8.7,
        "core_momentum": 0.435632,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.168188
      },
      {
        "date": "2026-05-15",
        "close": 12.82,
        "direction_boundary": 8.49,
        "core_momentum": 0.510012,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.165395
      },
      {
        "date": "2026-05-22",
        "close": 12.91,
        "direction_boundary": 8.96,
        "core_momentum": 0.440848,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.164505
      },
      {
        "date": "2026-05-29",
        "close": 13.22,
        "direction_boundary": 8.84,
        "core_momentum": 0.495475,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.158914
      },
      {
        "date": "2026-06-05",
        "close": 13.17,
        "direction_boundary": 9.09,
        "core_momentum": 0.448845,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.149652
      },
      {
        "date": "2026-06-12",
        "close": 12.98,
        "direction_boundary": 9.02,
        "core_momentum": 0.439024,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.152165
      },
      {
        "date": "2026-06-19",
        "close": 13.18,
        "direction_boundary": 8.9,
        "core_momentum": 0.480899,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.151988
      },
      {
        "date": "2026-06-26",
        "close": 12.87,
        "direction_boundary": 8.92,
        "core_momentum": 0.442825,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.156321
      },
      {
        "date": "2026-07-03",
        "close": 13.16,
        "direction_boundary": 9.06,
        "core_momentum": 0.452539,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.157351
      },
      {
        "date": "2026-07-10",
        "close": 13.09,
        "direction_boundary": 9.16,
        "core_momentum": 0.429039,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.156736
      },
      {
        "date": "2026-07-17",
        "close": 12.84,
        "direction_boundary": 9.27,
        "core_momentum": 0.385113,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.160566
      },
      {
        "date": "2026-07-24",
        "close": 12.78,
        "direction_boundary": 9.47,
        "core_momentum": 0.349525,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.161136
      },
      {
        "date": "2026-07-31",
        "close": 12.82,
        "direction_boundary": 9.52,
        "core_momentum": 0.346639,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.160706
      },
      {
        "date": "2026-08-07",
        "close": 13.15,
        "direction_boundary": 9.69,
        "core_momentum": 0.357069,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.163005
      }
    ],
    "price_history": [
      {
        "date": "2025-02-14",
        "close": 10.11,
        "volume": 50799494
      },
      {
        "date": "2025-02-21",
        "close": 10.13,
        "volume": 65072202
      },
      {
        "date": "2025-02-28",
        "close": 9.74,
        "volume": 75436906
      },
      {
        "date": "2025-03-07",
        "close": 9.27,
        "volume": 77697679
      },
      {
        "date": "2025-03-14",
        "close": 8.96,
        "volume": 53784700
      },
      {
        "date": "2025-03-21",
        "close": 9.08,
        "volume": 37899894
      },
      {
        "date": "2025-03-28",
        "close": 9.17,
        "volume": 36015471
      },
      {
        "date": "2025-04-04",
        "close": 9.02,
        "volume": 26426595
      },
      {
        "date": "2025-04-11",
        "close": 8.48,
        "volume": 109182153
      },
      {
        "date": "2025-04-18",
        "close": 8.4,
        "volume": 32099725
      },
      {
        "date": "2025-04-25",
        "close": 8.75,
        "volume": 28760605
      },
      {
        "date": "2025-05-02",
        "close": 8.7,
        "volume": 25625167
      },
      {
        "date": "2025-05-09",
        "close": 8.49,
        "volume": 34599124
      },
      {
        "date": "2025-05-16",
        "close": 8.96,
        "volume": 23284972
      },
      {
        "date": "2025-05-23",
        "close": 8.84,
        "volume": 21920400
      },
      {
        "date": "2025-05-30",
        "close": 9.09,
        "volume": 16483863
      },
      {
        "date": "2025-06-06",
        "close": 9.02,
        "volume": 16435830
      },
      {
        "date": "2025-06-13",
        "close": 8.9,
        "volume": 18746310
      },
      {
        "date": "2025-06-20",
        "close": 8.92,
        "volume": 19816816
      },
      {
        "date": "2025-06-27",
        "close": 9.06,
        "volume": 20218427
      },
      {
        "date": "2025-07-04",
        "close": 9.16,
        "volume": 21144980
      },
      {
        "date": "2025-07-11",
        "close": 9.27,
        "volume": 9757775
      },
      {
        "date": "2025-07-18",
        "close": 9.47,
        "volume": 20023093
      },
      {
        "date": "2025-07-25",
        "close": 9.52,
        "volume": 14421407
      },
      {
        "date": "2025-08-01",
        "close": 9.69,
        "volume": 24064940
      },
      {
        "date": "2025-08-08",
        "close": 9.73,
        "volume": 16003364
      },
      {
        "date": "2025-08-15",
        "close": 9.96,
        "volume": 17030108
      },
      {
        "date": "2025-08-22",
        "close": 9.86,
        "volume": 14314395
      },
      {
        "date": "2025-08-29",
        "close": 10.05,
        "volume": 22008090
      },
      {
        "date": "2025-09-05",
        "close": 10.09,
        "volume": 11986961
      },
      {
        "date": "2025-09-12",
        "close": 10.09,
        "volume": 14976229
      },
      {
        "date": "2025-09-19",
        "close": 10.26,
        "volume": 15906487
      },
      {
        "date": "2025-09-26",
        "close": 10.35,
        "volume": 12983308
      },
      {
        "date": "2025-10-03",
        "close": 10.57,
        "volume": 11994887
      },
      {
        "date": "2025-10-10",
        "close": 10.67,
        "volume": 8535962
      },
      {
        "date": "2025-10-17",
        "close": 10.48,
        "volume": 25206204
      },
      {
        "date": "2025-10-24",
        "close": 10.68,
        "volume": 10286703
      },
      {
        "date": "2025-10-31",
        "close": 11.14,
        "volume": 16274364
      },
      {
        "date": "2025-11-07",
        "close": 10.87,
        "volume": 14065770
      },
      {
        "date": "2025-11-14",
        "close": 10.81,
        "volume": 11387731
      },
      {
        "date": "2025-11-21",
        "close": 10.53,
        "volume": 17659435
      },
      {
        "date": "2025-11-28",
        "close": 11.04,
        "volume": 10860204
      },
      {
        "date": "2025-12-05",
        "close": 11.19,
        "volume": 7959028
      },
      {
        "date": "2025-12-12",
        "close": 11.14,
        "volume": 9425179
      },
      {
        "date": "2025-12-19",
        "close": 11.04,
        "volume": 9721252
      },
      {
        "date": "2025-12-26",
        "close": 11.22,
        "volume": 7616770
      },
      {
        "date": "2026-01-02",
        "close": 11.12,
        "volume": 8222072
      },
      {
        "date": "2026-01-09",
        "close": 11.23,
        "volume": 11969801
      },
      {
        "date": "2026-01-16",
        "close": 11.27,
        "volume": 11203359
      },
      {
        "date": "2026-01-23",
        "close": 11.23,
        "volume": 12762554
      },
      {
        "date": "2026-01-30",
        "close": 11.24,
        "volume": 13651648
      },
      {
        "date": "2026-02-06",
        "close": 10.77,
        "volume": 20386894
      },
      {
        "date": "2026-02-13",
        "close": 11.06,
        "volume": 7347323
      },
      {
        "date": "2026-02-27",
        "close": 10.99,
        "volume": 13313137
      },
      {
        "date": "2026-03-06",
        "close": 11.05,
        "volume": 17811687
      },
      {
        "date": "2026-03-13",
        "close": 10.91,
        "volume": 12449324
      },
      {
        "date": "2026-03-20",
        "close": 10.83,
        "volume": 7842746
      },
      {
        "date": "2026-03-27",
        "close": 10.55,
        "volume": 10038902
      },
      {
        "date": "2026-04-03",
        "close": 10.52,
        "volume": 14165547
      },
      {
        "date": "2026-04-10",
        "close": 11.06,
        "volume": 10603846
      },
      {
        "date": "2026-04-17",
        "close": 11.51,
        "volume": 14311445
      },
      {
        "date": "2026-04-24",
        "close": 11.77,
        "volume": 12633729
      },
      {
        "date": "2026-05-01",
        "close": 11.94,
        "volume": 12173655
      },
      {
        "date": "2026-05-08",
        "close": 12.49,
        "volume": 7831181
      },
      {
        "date": "2026-05-15",
        "close": 12.82,
        "volume": 9385926
      },
      {
        "date": "2026-05-22",
        "close": 12.91,
        "volume": 8680091
      },
      {
        "date": "2026-05-29",
        "close": 13.22,
        "volume": 2961000
      },
      {
        "date": "2026-06-05",
        "close": 13.17,
        "volume": 15125840
      },
      {
        "date": "2026-06-12",
        "close": 12.98,
        "volume": 2170329
      },
      {
        "date": "2026-06-19",
        "close": 13.18,
        "volume": 6800300
      },
      {
        "date": "2026-06-26",
        "close": 12.87,
        "volume": 1958812
      },
      {
        "date": "2026-07-03",
        "close": 13.16,
        "volume": 992295
      },
      {
        "date": "2026-07-10",
        "close": 13.09,
        "volume": 5226192
      },
      {
        "date": "2026-07-17",
        "close": 12.84,
        "volume": 8097660
      },
      {
        "date": "2026-07-24",
        "close": 12.78,
        "volume": 4999140
      },
      {
        "date": "2026-07-31",
        "close": 12.82,
        "volume": 7501944
      },
      {
        "date": "2026-08-07",
        "close": 13.15,
        "volume": 5963373
      }
    ],
    "sharemaestro_context": {
      "trend": 11.980333,
      "fair_value": 10.655844,
      "market_activity": 29.175689,
      "market_dynamics": -0.072708,
      "relative_strength": -14.830846
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": 0.008475,
        "directional_follow_through": 0.8,
        "regime_survival": 1.0,
        "conditional_difference": -0.004006,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.167269,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.01937,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      }
    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2026-02-13",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.188969
      }
    ]
  }
}