{
  "ticker": {
    "uuid": "0bf1457d-5c61-4f55-9c7e-3fd0df857fb3",
    "symbol": "FUSV",
    "name": "Fidelity US Value Research Enhanced UCITS ETF USD Acc",
    "exchange": "MIL",
    "country": "IT",
    "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": 5.593,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 4.3035,
    "boundary_margin": 0.29964,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.074446,
    "volatility_stability": 0.7517,
    "risk_context": 1.3433,
    "current_regime": {
      "move": 0.172045,
      "interruption": -0.012508,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 100.0,
    "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 30.0% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-01-30",
        "close": 4.772,
        "direction_boundary": 4.738,
        "core_momentum": 0.007176,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.086797
      },
      {
        "date": "2026-02-06",
        "close": 4.772,
        "direction_boundary": 4.738,
        "core_momentum": 0.007176,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.086797
      },
      {
        "date": "2026-02-13",
        "close": 4.772,
        "direction_boundary": 4.738,
        "core_momentum": 0.007176,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.086797
      },
      {
        "date": "2026-02-20",
        "close": 4.772,
        "direction_boundary": 4.738,
        "core_momentum": 0.007176,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.086797
      },
      {
        "date": "2026-02-27",
        "close": 4.857,
        "direction_boundary": 4.738,
        "core_momentum": 0.025116,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.088614
      },
      {
        "date": "2026-03-06",
        "close": 4.877,
        "direction_boundary": 4.6465,
        "core_momentum": 0.049607,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.088365
      },
      {
        "date": "2026-03-13",
        "close": 4.816,
        "direction_boundary": 4.2295,
        "core_momentum": 0.138669,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.091407
      },
      {
        "date": "2026-03-20",
        "close": 4.816,
        "direction_boundary": 4.306,
        "core_momentum": 0.118439,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.091407
      },
      {
        "date": "2026-03-27",
        "close": 4.816,
        "direction_boundary": 4.306,
        "core_momentum": 0.118439,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.051367
      },
      {
        "date": "2026-04-03",
        "close": 4.816,
        "direction_boundary": 4.306,
        "core_momentum": 0.118439,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.051367
      },
      {
        "date": "2026-04-10",
        "close": 4.816,
        "direction_boundary": 4.306,
        "core_momentum": 0.118439,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.051367
      },
      {
        "date": "2026-04-17",
        "close": 4.816,
        "direction_boundary": 3.897,
        "core_momentum": 0.235822,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.051367
      },
      {
        "date": "2026-04-24",
        "close": 5.006,
        "direction_boundary": 3.9025,
        "core_momentum": 0.282767,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.067601
      },
      {
        "date": "2026-05-01",
        "close": 5.051,
        "direction_boundary": 3.9025,
        "core_momentum": 0.294299,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.067992
      },
      {
        "date": "2026-05-08",
        "close": 5.095,
        "direction_boundary": 3.9025,
        "core_momentum": 0.305573,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.068248
      },
      {
        "date": "2026-05-15",
        "close": 5.154,
        "direction_boundary": 4.2665,
        "core_momentum": 0.208016,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.068517
      },
      {
        "date": "2026-05-22",
        "close": 5.124,
        "direction_boundary": 4.2755,
        "core_momentum": 0.198456,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.068885
      },
      {
        "date": "2026-05-29",
        "close": 5.215,
        "direction_boundary": 4.2755,
        "core_momentum": 0.21974,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.071382
      },
      {
        "date": "2026-06-05",
        "close": 5.215,
        "direction_boundary": 4.2755,
        "core_momentum": 0.21974,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.068014
      },
      {
        "date": "2026-06-12",
        "close": 5.239,
        "direction_boundary": 4.2755,
        "core_momentum": 0.225354,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.067851
      },
      {
        "date": "2026-06-19",
        "close": 5.278,
        "direction_boundary": 4.2755,
        "core_momentum": 0.234475,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.067845
      },
      {
        "date": "2026-06-26",
        "close": 5.353,
        "direction_boundary": 4.2755,
        "core_momentum": 0.252017,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.069044
      },
      {
        "date": "2026-07-03",
        "close": 5.427,
        "direction_boundary": 4.194,
        "core_momentum": 0.293991,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.069906
      },
      {
        "date": "2026-07-10",
        "close": 5.425,
        "direction_boundary": 4.194,
        "core_momentum": 0.293515,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.06996
      },
      {
        "date": "2026-07-17",
        "close": 5.429,
        "direction_boundary": 4.194,
        "core_momentum": 0.294468,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.069864
      },
      {
        "date": "2026-07-24",
        "close": 5.423,
        "direction_boundary": 4.194,
        "core_momentum": 0.293038,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.070037
      },
      {
        "date": "2026-07-31",
        "close": 5.455,
        "direction_boundary": 4.3035,
        "core_momentum": 0.267573,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.069685
      },
      {
        "date": "2026-08-07",
        "close": 5.593,
        "direction_boundary": 4.3035,
        "core_momentum": 0.29964,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.074446
      }
    ],
    "price_history": [
      {
        "date": "2025-01-31",
        "close": 4.738,
        "volume": 7089
      },
      {
        "date": "2025-02-07",
        "close": 4.738,
        "volume": 0
      },
      {
        "date": "2025-02-14",
        "close": 4.738,
        "volume": 0
      },
      {
        "date": "2025-02-21",
        "close": 4.738,
        "volume": 0
      },
      {
        "date": "2025-02-28",
        "close": 4.738,
        "volume": 0
      },
      {
        "date": "2025-03-07",
        "close": 4.6465,
        "volume": 2
      },
      {
        "date": "2025-03-14",
        "close": 4.2295,
        "volume": 2000
      },
      {
        "date": "2025-03-21",
        "close": 4.306,
        "volume": 260
      },
      {
        "date": "2025-03-28",
        "close": 4.306,
        "volume": 0
      },
      {
        "date": "2025-04-04",
        "close": 4.306,
        "volume": 0
      },
      {
        "date": "2025-04-11",
        "close": 4.306,
        "volume": 0
      },
      {
        "date": "2025-04-18",
        "close": 3.897,
        "volume": 7472
      },
      {
        "date": "2025-04-25",
        "close": 3.9025,
        "volume": 1438
      },
      {
        "date": "2025-05-02",
        "close": 3.9025,
        "volume": 0
      },
      {
        "date": "2025-05-09",
        "close": 3.9025,
        "volume": 0
      },
      {
        "date": "2025-05-16",
        "close": 4.2665,
        "volume": 1400
      },
      {
        "date": "2025-05-23",
        "close": 4.2755,
        "volume": 60
      },
      {
        "date": "2025-05-30",
        "close": 4.2755,
        "volume": 0
      },
      {
        "date": "2025-06-06",
        "close": 4.2755,
        "volume": 0
      },
      {
        "date": "2025-06-13",
        "close": 4.2755,
        "volume": 0
      },
      {
        "date": "2025-06-20",
        "close": 4.2755,
        "volume": 0
      },
      {
        "date": "2025-06-27",
        "close": 4.2755,
        "volume": 0
      },
      {
        "date": "2025-07-04",
        "close": 4.194,
        "volume": 2
      },
      {
        "date": "2025-07-11",
        "close": 4.194,
        "volume": 0
      },
      {
        "date": "2025-07-18",
        "close": 4.194,
        "volume": 0
      },
      {
        "date": "2025-07-25",
        "close": 4.194,
        "volume": 0
      },
      {
        "date": "2025-08-01",
        "close": 4.3035,
        "volume": 1200
      },
      {
        "date": "2025-08-08",
        "close": 4.3035,
        "volume": 0
      },
      {
        "date": "2025-08-15",
        "close": 4.3035,
        "volume": 0
      },
      {
        "date": "2025-08-22",
        "close": 4.3035,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 4.3035,
        "volume": 0
      },
      {
        "date": "2025-09-05",
        "close": 4.3035,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 4.3035,
        "volume": 0
      },
      {
        "date": "2025-09-19",
        "close": 4.3035,
        "volume": 0
      },
      {
        "date": "2025-09-26",
        "close": 4.555,
        "volume": 1049
      },
      {
        "date": "2025-10-03",
        "close": 4.555,
        "volume": 0
      },
      {
        "date": "2025-10-10",
        "close": 4.555,
        "volume": 0
      },
      {
        "date": "2025-10-17",
        "close": 4.555,
        "volume": 0
      },
      {
        "date": "2025-10-24",
        "close": 4.652,
        "volume": 64
      },
      {
        "date": "2025-10-31",
        "close": 4.652,
        "volume": 0
      },
      {
        "date": "2025-11-07",
        "close": 4.652,
        "volume": 0
      },
      {
        "date": "2025-11-14",
        "close": 4.7,
        "volume": 50
      },
      {
        "date": "2025-11-21",
        "close": 4.6795,
        "volume": 2000
      },
      {
        "date": "2025-11-28",
        "close": 4.6795,
        "volume": 0
      },
      {
        "date": "2025-12-05",
        "close": 4.772,
        "volume": 40
      },
      {
        "date": "2025-12-12",
        "close": 4.772,
        "volume": 0
      },
      {
        "date": "2025-12-19",
        "close": 4.772,
        "volume": 0
      },
      {
        "date": "2025-12-26",
        "close": 4.772,
        "volume": 0
      },
      {
        "date": "2026-01-02",
        "close": 4.772,
        "volume": 0
      },
      {
        "date": "2026-01-09",
        "close": 4.772,
        "volume": 0
      },
      {
        "date": "2026-01-16",
        "close": 4.772,
        "volume": 0
      },
      {
        "date": "2026-01-23",
        "close": 4.772,
        "volume": 0
      },
      {
        "date": "2026-01-30",
        "close": 4.772,
        "volume": 0
      },
      {
        "date": "2026-02-06",
        "close": 4.772,
        "volume": 0
      },
      {
        "date": "2026-02-13",
        "close": 4.772,
        "volume": 0
      },
      {
        "date": "2026-02-20",
        "close": 4.772,
        "volume": 0
      },
      {
        "date": "2026-02-27",
        "close": 4.857,
        "volume": 1679
      },
      {
        "date": "2026-03-06",
        "close": 4.877,
        "volume": 5
      },
      {
        "date": "2026-03-13",
        "close": 4.816,
        "volume": 5
      },
      {
        "date": "2026-03-20",
        "close": 4.816,
        "volume": 0
      },
      {
        "date": "2026-03-27",
        "close": 4.816,
        "volume": 0
      },
      {
        "date": "2026-04-03",
        "close": 4.816,
        "volume": 0
      },
      {
        "date": "2026-04-10",
        "close": 4.816,
        "volume": 0
      },
      {
        "date": "2026-04-17",
        "close": 4.816,
        "volume": 0
      },
      {
        "date": "2026-04-24",
        "close": 5.006,
        "volume": 103
      },
      {
        "date": "2026-05-01",
        "close": 5.051,
        "volume": 413
      },
      {
        "date": "2026-05-08",
        "close": 5.095,
        "volume": 1037
      },
      {
        "date": "2026-05-15",
        "close": 5.154,
        "volume": 120
      },
      {
        "date": "2026-05-22",
        "close": 5.124,
        "volume": 120
      },
      {
        "date": "2026-05-29",
        "close": 5.215,
        "volume": 1501
      },
      {
        "date": "2026-06-05",
        "close": 5.215,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 5.239,
        "volume": 0
      },
      {
        "date": "2026-06-19",
        "close": 5.278,
        "volume": 995
      },
      {
        "date": "2026-06-26",
        "close": 5.353,
        "volume": 0
      },
      {
        "date": "2026-07-03",
        "close": 5.427,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 5.425,
        "volume": 462
      },
      {
        "date": "2026-07-17",
        "close": 5.429,
        "volume": 973
      },
      {
        "date": "2026-07-24",
        "close": 5.423,
        "volume": 9250
      },
      {
        "date": "2026-07-31",
        "close": 5.455,
        "volume": 6692
      },
      {
        "date": "2026-08-07",
        "close": 5.593,
        "volume": 911
      }
    ],
    "sharemaestro_context": {
      "trend": 5.058133,
      "fair_value": 4.664113,
      "market_activity": 76.2497,
      "market_dynamics": 1.948638,
      "relative_strength": -0.998397
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.026091,
        "directional_follow_through": 0.8333,
        "regime_survival": 1.0,
        "conditional_difference": 0.002528,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.069225,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.014075,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 1,
        "median_return": 0.143127,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.014459,
        "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": "2026-01-30",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.172045
      }
    ]
  }
}