{
  "ticker": {
    "uuid": "0f964664-6206-4143-8333-22374381c8fa",
    "symbol": "CPSP",
    "name": "CALAMOS S&P 500 STRUCTURED ALT PROTECTION ETF - APRIL",
    "exchange": "NYSEARCA",
    "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": 27.08,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 25.51,
    "boundary_margin": 0.061544,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.011126,
    "volatility_stability": 0.9379,
    "risk_context": 1.5,
    "current_regime": {
      "move": 0.023432,
      "interruption": -0.001301,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 97.308,
    "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 6.2% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-04-03",
        "close": 26.46,
        "direction_boundary": 24.35,
        "core_momentum": 0.086653,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.009419
      },
      {
        "date": "2026-04-10",
        "close": 26.59,
        "direction_boundary": 24.62,
        "core_momentum": 0.080016,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.009774
      },
      {
        "date": "2026-04-17",
        "close": 26.715,
        "direction_boundary": 24.5299,
        "core_momentum": 0.089079,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.010807
      },
      {
        "date": "2026-04-24",
        "close": 26.73,
        "direction_boundary": 24.7253,
        "core_momentum": 0.081079,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.010837
      },
      {
        "date": "2026-05-01",
        "close": 26.755,
        "direction_boundary": 24.8145,
        "core_momentum": 0.0782,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.010551
      },
      {
        "date": "2026-05-08",
        "close": 26.81,
        "direction_boundary": 24.82,
        "core_momentum": 0.080177,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.010348
      },
      {
        "date": "2026-05-15",
        "close": 26.815,
        "direction_boundary": 25.0405,
        "core_momentum": 0.070865,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.01046
      },
      {
        "date": "2026-05-22",
        "close": 26.825,
        "direction_boundary": 24.9459,
        "core_momentum": 0.075327,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.010249
      },
      {
        "date": "2026-05-29",
        "close": 26.895,
        "direction_boundary": 25.0452,
        "core_momentum": 0.073858,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.009809
      },
      {
        "date": "2026-06-05",
        "close": 26.875,
        "direction_boundary": 25.14,
        "core_momentum": 0.069014,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.01013
      },
      {
        "date": "2026-06-12",
        "close": 26.86,
        "direction_boundary": 25.1,
        "core_momentum": 0.07012,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.010124
      },
      {
        "date": "2026-06-19",
        "close": 26.885,
        "direction_boundary": 25.1414,
        "core_momentum": 0.069352,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.010069
      },
      {
        "date": "2026-06-26",
        "close": 26.8603,
        "direction_boundary": 25.3005,
        "core_momentum": 0.061651,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.010462
      },
      {
        "date": "2026-07-03",
        "close": 26.9296,
        "direction_boundary": 25.345,
        "core_momentum": 0.062521,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.010607
      },
      {
        "date": "2026-07-10",
        "close": 26.97,
        "direction_boundary": 25.355,
        "core_momentum": 0.063696,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.010605
      },
      {
        "date": "2026-07-17",
        "close": 26.99,
        "direction_boundary": 25.3902,
        "core_momentum": 0.063009,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.010559
      },
      {
        "date": "2026-07-24",
        "close": 26.96,
        "direction_boundary": 25.45,
        "core_momentum": 0.059332,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.011042
      },
      {
        "date": "2026-07-31",
        "close": 27.0301,
        "direction_boundary": 25.415,
        "core_momentum": 0.063549,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.011107
      },
      {
        "date": "2026-08-07",
        "close": 27.08,
        "direction_boundary": 25.51,
        "core_momentum": 0.061544,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.011126
      }
    ],
    "price_history": [
      {
        "date": "2025-04-04",
        "close": 24.35,
        "volume": 431752
      },
      {
        "date": "2025-04-11",
        "close": 24.62,
        "volume": 165766
      },
      {
        "date": "2025-04-18",
        "close": 24.5299,
        "volume": 137228
      },
      {
        "date": "2025-04-25",
        "close": 24.7253,
        "volume": 97853
      },
      {
        "date": "2025-05-02",
        "close": 24.8145,
        "volume": 44778
      },
      {
        "date": "2025-05-09",
        "close": 24.82,
        "volume": 20201
      },
      {
        "date": "2025-05-16",
        "close": 25.0405,
        "volume": 13197
      },
      {
        "date": "2025-05-23",
        "close": 24.9459,
        "volume": 1781
      },
      {
        "date": "2025-05-30",
        "close": 25.0452,
        "volume": 3166
      },
      {
        "date": "2025-06-06",
        "close": 25.14,
        "volume": 44723
      },
      {
        "date": "2025-06-13",
        "close": 25.1,
        "volume": 14720
      },
      {
        "date": "2025-06-20",
        "close": 25.1414,
        "volume": 1250
      },
      {
        "date": "2025-06-27",
        "close": 25.3005,
        "volume": 1033
      },
      {
        "date": "2025-07-04",
        "close": 25.345,
        "volume": 1989
      },
      {
        "date": "2025-07-11",
        "close": 25.355,
        "volume": 6127
      },
      {
        "date": "2025-07-18",
        "close": 25.3902,
        "volume": 10917
      },
      {
        "date": "2025-07-25",
        "close": 25.45,
        "volume": 6875
      },
      {
        "date": "2025-08-01",
        "close": 25.415,
        "volume": 18818
      },
      {
        "date": "2025-08-08",
        "close": 25.51,
        "volume": 4400
      },
      {
        "date": "2025-08-15",
        "close": 25.545,
        "volume": 6325
      },
      {
        "date": "2025-08-22",
        "close": 25.5716,
        "volume": 13218
      },
      {
        "date": "2025-08-29",
        "close": 25.565,
        "volume": 5484
      },
      {
        "date": "2025-09-05",
        "close": 25.635,
        "volume": 5141
      },
      {
        "date": "2025-09-12",
        "close": 25.6857,
        "volume": 9940
      },
      {
        "date": "2025-09-19",
        "close": 25.72,
        "volume": 17826
      },
      {
        "date": "2025-09-26",
        "close": 25.7308,
        "volume": 14543
      },
      {
        "date": "2025-10-03",
        "close": 25.765,
        "volume": 4724
      },
      {
        "date": "2025-10-10",
        "close": 25.711,
        "volume": 5821
      },
      {
        "date": "2025-10-17",
        "close": 25.765,
        "volume": 2559
      },
      {
        "date": "2025-10-24",
        "close": 25.815,
        "volume": 1973
      },
      {
        "date": "2025-10-31",
        "close": 25.8038,
        "volume": 1265
      },
      {
        "date": "2025-11-07",
        "close": 25.8,
        "volume": 1839
      },
      {
        "date": "2025-11-14",
        "close": 25.82,
        "volume": 1283
      },
      {
        "date": "2025-11-21",
        "close": 25.8104,
        "volume": 1666
      },
      {
        "date": "2025-11-28",
        "close": 25.91,
        "volume": 65
      },
      {
        "date": "2025-12-05",
        "close": 25.975,
        "volume": 4400
      },
      {
        "date": "2025-12-12",
        "close": 25.9601,
        "volume": 2073
      },
      {
        "date": "2025-12-19",
        "close": 26.015,
        "volume": 3287
      },
      {
        "date": "2025-12-26",
        "close": 26.065,
        "volume": 2584
      },
      {
        "date": "2026-01-02",
        "close": 26.08,
        "volume": 388
      },
      {
        "date": "2026-01-09",
        "close": 26.12,
        "volume": 99
      },
      {
        "date": "2026-01-16",
        "close": 26.13,
        "volume": 9902
      },
      {
        "date": "2026-01-23",
        "close": 26.17,
        "volume": 851
      },
      {
        "date": "2026-01-30",
        "close": 26.172,
        "volume": 5423
      },
      {
        "date": "2026-02-06",
        "close": 26.215,
        "volume": 7772
      },
      {
        "date": "2026-02-13",
        "close": 26.22,
        "volume": 5658
      },
      {
        "date": "2026-02-20",
        "close": 26.255,
        "volume": 2256
      },
      {
        "date": "2026-02-27",
        "close": 26.28,
        "volume": 7715
      },
      {
        "date": "2026-03-06",
        "close": 26.255,
        "volume": 4281
      },
      {
        "date": "2026-03-13",
        "close": 26.3049,
        "volume": 1712
      },
      {
        "date": "2026-03-20",
        "close": 26.334,
        "volume": 1640
      },
      {
        "date": "2026-03-27",
        "close": 26.3803,
        "volume": 3845
      },
      {
        "date": "2026-04-03",
        "close": 26.46,
        "volume": 80230
      },
      {
        "date": "2026-04-10",
        "close": 26.59,
        "volume": 21085
      },
      {
        "date": "2026-04-17",
        "close": 26.715,
        "volume": 45733
      },
      {
        "date": "2026-04-24",
        "close": 26.73,
        "volume": 3897
      },
      {
        "date": "2026-05-01",
        "close": 26.755,
        "volume": 11049
      },
      {
        "date": "2026-05-08",
        "close": 26.81,
        "volume": 5148
      },
      {
        "date": "2026-05-15",
        "close": 26.815,
        "volume": 13296
      },
      {
        "date": "2026-05-22",
        "close": 26.825,
        "volume": 4028
      },
      {
        "date": "2026-05-29",
        "close": 26.895,
        "volume": 3094
      },
      {
        "date": "2026-06-05",
        "close": 26.875,
        "volume": 10319
      },
      {
        "date": "2026-06-12",
        "close": 26.86,
        "volume": 8519
      },
      {
        "date": "2026-06-19",
        "close": 26.885,
        "volume": 3105
      },
      {
        "date": "2026-06-26",
        "close": 26.8603,
        "volume": 1338
      },
      {
        "date": "2026-07-03",
        "close": 26.9296,
        "volume": 2714
      },
      {
        "date": "2026-07-10",
        "close": 26.97,
        "volume": 45948
      },
      {
        "date": "2026-07-17",
        "close": 26.99,
        "volume": 31835
      },
      {
        "date": "2026-07-24",
        "close": 26.96,
        "volume": 4056
      },
      {
        "date": "2026-07-31",
        "close": 27.0301,
        "volume": 18729
      },
      {
        "date": "2026-08-07",
        "close": 27.08,
        "volume": 2225
      }
    ],
    "sharemaestro_context": {
      "trend": 26.62504,
      "fair_value": 25.95293,
      "market_activity": 55.427386,
      "market_dynamics": -0.114566,
      "relative_strength": -8.228484
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": 0.004472,
        "directional_follow_through": 0.75,
        "regime_survival": 1.0,
        "conditional_difference": 0.00074,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.017748,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.00746,
        "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": "2026-04-03",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.023432
      }
    ]
  }
}