{
  "ticker": {
    "uuid": "046cb578-ae7a-4c5d-9a88-948e2841dfb2",
    "symbol": "DVXY",
    "name": "WEBs Defined Volatility XLY ETF",
    "exchange": "NASDAQ",
    "country": "US",
    "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": 22.9428,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 24.2434,
    "boundary_margin": -0.053648,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.271487,
    "volatility_stability": 1.1905,
    "risk_context": 0.3683,
    "current_regime": {
      "move": 0.100585,
      "interruption": 0.100585,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 67.082,
    "interpretation": {
      "label": "Negative across all Trend views",
      "headline": "All measured Trend views are negative",
      "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 remains in its early lifecycle.",
      "boundary_context": "The latest close is 5.4% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-24",
        "close": 20.846,
        "direction_boundary": 24.793,
        "core_momentum": -0.159198,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.252534
      },
      {
        "date": "2026-07-31",
        "close": 22.2621,
        "direction_boundary": 22.9879,
        "core_momentum": -0.031573,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.271907
      },
      {
        "date": "2026-08-07",
        "close": 22.9428,
        "direction_boundary": 24.2434,
        "core_momentum": -0.053648,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.271487
      }
    ],
    "price_history": [
      {
        "date": "2025-07-25",
        "close": 24.793,
        "volume": 1532
      },
      {
        "date": "2025-08-01",
        "close": 22.9879,
        "volume": 302
      },
      {
        "date": "2025-08-08",
        "close": 24.2434,
        "volume": 55
      },
      {
        "date": "2025-08-15",
        "close": 25.0318,
        "volume": 10
      },
      {
        "date": "2025-08-22",
        "close": 25.6945,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 25.4676,
        "volume": 4
      },
      {
        "date": "2025-09-05",
        "close": 26.0728,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 26.6398,
        "volume": 10000
      },
      {
        "date": "2025-09-19",
        "close": 27.0708,
        "volume": 3
      },
      {
        "date": "2025-09-26",
        "close": 26.8381,
        "volume": 0
      },
      {
        "date": "2025-10-03",
        "close": 26.4081,
        "volume": 25
      },
      {
        "date": "2025-10-10",
        "close": 24.6947,
        "volume": 103
      },
      {
        "date": "2025-10-17",
        "close": 25.6143,
        "volume": 304
      },
      {
        "date": "2025-10-24",
        "close": 26.1038,
        "volume": 2
      },
      {
        "date": "2025-10-31",
        "close": 26.3676,
        "volume": 0
      },
      {
        "date": "2025-11-07",
        "close": 25.8316,
        "volume": 0
      },
      {
        "date": "2025-11-14",
        "close": 25.077,
        "volume": 360
      },
      {
        "date": "2025-11-21",
        "close": 24.3758,
        "volume": 0
      },
      {
        "date": "2025-11-28",
        "close": 25.6409,
        "volume": 11
      },
      {
        "date": "2025-12-05",
        "close": 25.9994,
        "volume": 18
      },
      {
        "date": "2025-12-12",
        "close": 26.2513,
        "volume": 208
      },
      {
        "date": "2025-12-19",
        "close": 26.5631,
        "volume": 201
      },
      {
        "date": "2025-12-26",
        "close": 26.6566,
        "volume": 15
      },
      {
        "date": "2026-01-02",
        "close": 25.0214,
        "volume": 15
      },
      {
        "date": "2026-01-09",
        "close": 27.385,
        "volume": 0
      },
      {
        "date": "2026-01-16",
        "close": 26.4993,
        "volume": 1880
      },
      {
        "date": "2026-01-23",
        "close": 26.5549,
        "volume": 0
      },
      {
        "date": "2026-01-30",
        "close": 25.9079,
        "volume": 2
      },
      {
        "date": "2026-02-06",
        "close": 24.8753,
        "volume": 2
      },
      {
        "date": "2026-02-13",
        "close": 24.2823,
        "volume": 608
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      {
        "date": "2026-02-20",
        "close": 24.723,
        "volume": 5
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      {
        "date": "2026-02-27",
        "close": 24.3734,
        "volume": 3
      },
      {
        "date": "2026-03-06",
        "close": 23.6053,
        "volume": 19
      },
      {
        "date": "2026-03-13",
        "close": 22.4225,
        "volume": 4110
      },
      {
        "date": "2026-03-20",
        "close": 21.5837,
        "volume": 306
      },
      {
        "date": "2026-03-27",
        "close": 21.1105,
        "volume": 3403
      },
      {
        "date": "2026-04-03",
        "close": 21.6988,
        "volume": 420
      },
      {
        "date": "2026-04-10",
        "close": 22.6086,
        "volume": 12
      },
      {
        "date": "2026-04-17",
        "close": 23.9674,
        "volume": 5
      },
      {
        "date": "2026-04-24",
        "close": 23.6544,
        "volume": 37
      },
      {
        "date": "2026-05-01",
        "close": 23.6823,
        "volume": 15
      },
      {
        "date": "2026-05-08",
        "close": 24.1041,
        "volume": 192
      },
      {
        "date": "2026-05-15",
        "close": 22.8194,
        "volume": 19
      },
      {
        "date": "2026-05-22",
        "close": 23.7144,
        "volume": 1128
      },
      {
        "date": "2026-05-29",
        "close": 24.2533,
        "volume": 9
      },
      {
        "date": "2026-06-05",
        "close": 22.4559,
        "volume": 2
      },
      {
        "date": "2026-06-12",
        "close": 22.816,
        "volume": 6
      },
      {
        "date": "2026-06-19",
        "close": 22.9402,
        "volume": 91
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      {
        "date": "2026-06-26",
        "close": 22.4555,
        "volume": 458
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      {
        "date": "2026-07-03",
        "close": 22.9708,
        "volume": 140
      },
      {
        "date": "2026-07-10",
        "close": 22.9596,
        "volume": 332
      },
      {
        "date": "2026-07-17",
        "close": 22.5785,
        "volume": 41
      },
      {
        "date": "2026-07-24",
        "close": 20.846,
        "volume": 45
      },
      {
        "date": "2026-07-31",
        "close": 22.2621,
        "volume": 33
      },
      {
        "date": "2026-08-07",
        "close": 22.9428,
        "volume": 42
      }
    ],
    "sharemaestro_context": {
      "trend": 23.38894,
      "fair_value": 24.445427,
      "market_activity": -72.499664,
      "market_dynamics": -0.461788,
      "relative_strength": -18.390409
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "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": "negative",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.100585
      }
    ]
  }
}