{
  "ticker": {
    "uuid": "10f4e654-851d-4e9c-b9fd-aa25e8e888a7",
    "symbol": "SPXS",
    "name": "Direxion Daily S&P 500 Bear 3X Shares",
    "exchange": "MEX",
    "country": "MX",
    "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": 412.0,
    "direction": "positive",
    "state": "Positive, shorter trend weakening",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 79.276161,
    "boundary_margin": 4.197023,
    "trend_agreement": "Narrow",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.470012,
    "volatility_stability": 0.158,
    "risk_context": 0.2128,
    "current_regime": {
      "move": -0.132121,
      "interruption": -0.159184,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 65.385,
    "interpretation": {
      "label": "Positive, shorter trend weakening",
      "headline": "Positive, shorter trend weakening",
      "body": "The Core Trend remains in force, but the Fast Trend now points the other way. That is an early loss of persistence, not yet a regime change.",
      "age_context": "The current Core Trend is established.",
      "boundary_context": "The latest close is 419.7% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-05-08",
        "close": 474.720581,
        "direction_boundary": 119.220619,
        "core_momentum": 2.981866,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.449591
      },
      {
        "date": "2026-05-15",
        "close": 474.948517,
        "direction_boundary": 102.330696,
        "core_momentum": 3.64131,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.449928
      },
      {
        "date": "2026-05-22",
        "close": 458.695374,
        "direction_boundary": 108.729446,
        "core_momentum": 3.218686,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.436218
      },
      {
        "date": "2026-05-29",
        "close": 445.970367,
        "direction_boundary": 103.439674,
        "core_momentum": 3.311405,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.414833
      },
      {
        "date": "2026-06-05",
        "close": 483.778717,
        "direction_boundary": 97.629791,
        "core_momentum": 3.955237,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.435221
      },
      {
        "date": "2026-06-12",
        "close": 470.250977,
        "direction_boundary": 98.846733,
        "core_momentum": 3.757375,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.435873
      },
      {
        "date": "2026-06-19",
        "close": 457.169159,
        "direction_boundary": 100.230499,
        "core_momentum": 3.561178,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.432807
      },
      {
        "date": "2026-06-26",
        "close": 490.0,
        "direction_boundary": 88.897621,
        "core_momentum": 4.511959,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.443184
      },
      {
        "date": "2026-07-03",
        "close": 470.0,
        "direction_boundary": 85.165253,
        "core_momentum": 4.518683,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.440074
      },
      {
        "date": "2026-07-10",
        "close": 449.660004,
        "direction_boundary": 84.03273,
        "core_momentum": 4.35101,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.439408
      },
      {
        "date": "2026-07-17",
        "close": 470.0,
        "direction_boundary": 83.609268,
        "core_momentum": 4.621386,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.446042
      },
      {
        "date": "2026-07-24",
        "close": 481.0,
        "direction_boundary": 79.473114,
        "core_momentum": 5.052361,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.447894
      },
      {
        "date": "2026-07-31",
        "close": 457.0,
        "direction_boundary": 86.66214,
        "core_momentum": 4.273352,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.451758
      },
      {
        "date": "2026-08-07",
        "close": 412.0,
        "direction_boundary": 79.276161,
        "core_momentum": 4.197023,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.470012
      }
    ],
    "price_history": [
      {
        "date": "2025-05-09",
        "close": 119.220619,
        "volume": 16292
      },
      {
        "date": "2025-05-16",
        "close": 102.330696,
        "volume": 207764
      },
      {
        "date": "2025-05-23",
        "close": 108.729446,
        "volume": 80143
      },
      {
        "date": "2025-05-30",
        "close": 103.439674,
        "volume": 84980
      },
      {
        "date": "2025-06-06",
        "close": 97.629791,
        "volume": 399870
      },
      {
        "date": "2025-06-13",
        "close": 98.846733,
        "volume": 527973
      },
      {
        "date": "2025-06-20",
        "close": 100.230499,
        "volume": 175945
      },
      {
        "date": "2025-06-27",
        "close": 88.897621,
        "volume": 848378
      },
      {
        "date": "2025-07-04",
        "close": 85.165253,
        "volume": 280152
      },
      {
        "date": "2025-07-11",
        "close": 84.03273,
        "volume": 86283
      },
      {
        "date": "2025-07-18",
        "close": 83.609268,
        "volume": 191361
      },
      {
        "date": "2025-07-25",
        "close": 79.473114,
        "volume": 63949
      },
      {
        "date": "2025-08-01",
        "close": 86.66214,
        "volume": 575632
      },
      {
        "date": "2025-08-08",
        "close": 79.276161,
        "volume": 308132
      },
      {
        "date": "2025-08-15",
        "close": 77.946686,
        "volume": 93374
      },
      {
        "date": "2025-08-22",
        "close": 76.715683,
        "volume": 70475
      },
      {
        "date": "2025-08-29",
        "close": 77.887589,
        "volume": 39931
      },
      {
        "date": "2025-09-05",
        "close": 77.503517,
        "volume": 92447
      },
      {
        "date": "2025-09-12",
        "close": 72.579529,
        "volume": 55326
      },
      {
        "date": "2025-09-19",
        "close": 70.265266,
        "volume": 211021
      },
      {
        "date": "2025-09-26",
        "close": 70.192383,
        "volume": 103692
      },
      {
        "date": "2025-10-03",
        "close": 683.994568,
        "volume": 6144
      },
      {
        "date": "2025-10-10",
        "close": 734.237976,
        "volume": 20301
      },
      {
        "date": "2025-10-17",
        "close": 697.993469,
        "volume": 13691
      },
      {
        "date": "2025-10-24",
        "close": 676.08429,
        "volume": 4214
      },
      {
        "date": "2025-10-31",
        "close": 652.422791,
        "volume": 34471
      },
      {
        "date": "2025-11-07",
        "close": 689.053528,
        "volume": 72795
      },
      {
        "date": "2025-11-14",
        "close": 674.480469,
        "volume": 17028
      },
      {
        "date": "2025-11-21",
        "close": 719.714417,
        "volume": 44925
      },
      {
        "date": "2025-11-28",
        "close": 643.512634,
        "volume": 17675
      },
      {
        "date": "2025-12-05",
        "close": 630.137451,
        "volume": 12549
      },
      {
        "date": "2025-12-12",
        "close": 619.752136,
        "volume": 1447
      },
      {
        "date": "2025-12-19",
        "close": 637.572571,
        "volume": 9393
      },
      {
        "date": "2025-12-26",
        "close": 604.592468,
        "volume": 6981
      },
      {
        "date": "2026-01-02",
        "close": 628.855408,
        "volume": 5869
      },
      {
        "date": "2026-01-09",
        "close": 599.145691,
        "volume": 1770
      },
      {
        "date": "2026-01-16",
        "close": 595.184387,
        "volume": 86882
      },
      {
        "date": "2026-01-23",
        "close": 598.155396,
        "volume": 2859
      },
      {
        "date": "2026-01-30",
        "close": 595.184387,
        "volume": 13385
      },
      {
        "date": "2026-02-06",
        "close": 585.855591,
        "volume": 73358
      },
      {
        "date": "2026-02-13",
        "close": 611.911011,
        "volume": 84361
      },
      {
        "date": "2026-02-20",
        "close": 592.203552,
        "volume": 4198
      },
      {
        "date": "2026-02-27",
        "close": 602.829712,
        "volume": 19548
      },
      {
        "date": "2026-03-06",
        "close": 633.807007,
        "volume": 16502
      },
      {
        "date": "2026-03-13",
        "close": 698.227539,
        "volume": 31033
      },
      {
        "date": "2026-03-20",
        "close": 743.198181,
        "volume": 12103
      },
      {
        "date": "2026-03-27",
        "close": 791.0,
        "volume": 49564
      },
      {
        "date": "2026-04-03",
        "close": 707.400024,
        "volume": 28836
      },
      {
        "date": "2026-04-10",
        "close": 613.01001,
        "volume": 11237
      },
      {
        "date": "2026-04-17",
        "close": 540.0,
        "volume": 83033
      },
      {
        "date": "2026-04-24",
        "close": 526.8396,
        "volume": 77955
      },
      {
        "date": "2026-05-01",
        "close": 518.41571,
        "volume": 16297
      },
      {
        "date": "2026-05-08",
        "close": 474.720581,
        "volume": 19122
      },
      {
        "date": "2026-05-15",
        "close": 474.948517,
        "volume": 38567
      },
      {
        "date": "2026-05-22",
        "close": 458.695374,
        "volume": 68659
      },
      {
        "date": "2026-05-29",
        "close": 445.970367,
        "volume": 16155
      },
      {
        "date": "2026-06-05",
        "close": 483.778717,
        "volume": 1191
      },
      {
        "date": "2026-06-12",
        "close": 470.250977,
        "volume": 2708
      },
      {
        "date": "2026-06-19",
        "close": 457.169159,
        "volume": 0
      },
      {
        "date": "2026-06-26",
        "close": 490.0,
        "volume": 392
      },
      {
        "date": "2026-07-03",
        "close": 470.0,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 449.660004,
        "volume": 22800
      },
      {
        "date": "2026-07-17",
        "close": 470.0,
        "volume": 10997
      },
      {
        "date": "2026-07-24",
        "close": 481.0,
        "volume": 2810
      },
      {
        "date": "2026-07-31",
        "close": 457.0,
        "volume": 19369
      },
      {
        "date": "2026-08-07",
        "close": 412.0,
        "volume": 37134
      }
    ],
    "sharemaestro_context": {
      "trend": 548.280527,
      "fair_value": 426.978789,
      "market_activity": -7.97894,
      "market_dynamics": -0.413091,
      "relative_strength": -21.427729
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.02766,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.013531,
        "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": "positive",
        "start": "2026-05-08",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.132121
      }
    ]
  }
}