{
  "ticker": {
    "uuid": "1b0c92d6-b360-42e2-b92e-e7cf71427d7b",
    "symbol": "DVXC",
    "name": "WEBs Defined Volatility XLC 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": 23.7334,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 24.7941,
    "boundary_margin": -0.04278,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.317567,
    "volatility_stability": 0.9595,
    "risk_context": 0.3149,
    "current_regime": {
      "move": 0.061251,
      "interruption": 0.061251,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 65.195,
    "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 4.3% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-24",
        "close": 22.3636,
        "direction_boundary": 24.8175,
        "core_momentum": -0.098878,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.332154
      },
      {
        "date": "2026-07-31",
        "close": 22.9022,
        "direction_boundary": 24.1441,
        "core_momentum": -0.051437,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.324496
      },
      {
        "date": "2026-08-07",
        "close": 23.7334,
        "direction_boundary": 24.7941,
        "core_momentum": -0.04278,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.317567
      }
    ],
    "price_history": [
      {
        "date": "2025-07-25",
        "close": 24.8175,
        "volume": 1542
      },
      {
        "date": "2025-08-01",
        "close": 24.1441,
        "volume": 243
      },
      {
        "date": "2025-08-08",
        "close": 24.7941,
        "volume": 105
      },
      {
        "date": "2025-08-15",
        "close": 26.4881,
        "volume": 7
      },
      {
        "date": "2025-08-22",
        "close": 26.3334,
        "volume": 4
      },
      {
        "date": "2025-08-29",
        "close": 26.3359,
        "volume": 2
      },
      {
        "date": "2025-09-05",
        "close": 27.8466,
        "volume": 2
      },
      {
        "date": "2025-09-12",
        "close": 29.1387,
        "volume": 202
      },
      {
        "date": "2025-09-19",
        "close": 30.1141,
        "volume": 0
      },
      {
        "date": "2025-09-26",
        "close": 29.6194,
        "volume": 105
      },
      {
        "date": "2025-10-03",
        "close": 28.6837,
        "volume": 129
      },
      {
        "date": "2025-10-10",
        "close": 26.9037,
        "volume": 217
      },
      {
        "date": "2025-10-17",
        "close": 27.9116,
        "volume": 209
      },
      {
        "date": "2025-10-24",
        "close": 28.1434,
        "volume": 4
      },
      {
        "date": "2025-10-31",
        "close": 27.7629,
        "volume": 20
      },
      {
        "date": "2025-11-07",
        "close": 26.4164,
        "volume": 9
      },
      {
        "date": "2025-11-14",
        "close": 25.9947,
        "volume": 10
      },
      {
        "date": "2025-11-21",
        "close": 26.2114,
        "volume": 100
      },
      {
        "date": "2025-11-28",
        "close": 27.7997,
        "volume": 10
      },
      {
        "date": "2025-12-05",
        "close": 28.6172,
        "volume": 2
      },
      {
        "date": "2025-12-12",
        "close": 28.2927,
        "volume": 1
      },
      {
        "date": "2025-12-19",
        "close": 28.248,
        "volume": 185
      },
      {
        "date": "2025-12-26",
        "close": 29.1144,
        "volume": 2
      },
      {
        "date": "2026-01-02",
        "close": 28.5268,
        "volume": 1
      },
      {
        "date": "2026-01-09",
        "close": 29.0234,
        "volume": 426
      },
      {
        "date": "2026-01-16",
        "close": 27.6513,
        "volume": 20
      },
      {
        "date": "2026-01-23",
        "close": 28.447,
        "volume": 42
      },
      {
        "date": "2026-01-30",
        "close": 29.9226,
        "volume": 19
      },
      {
        "date": "2026-02-06",
        "close": 27.8271,
        "volume": 1661
      },
      {
        "date": "2026-02-13",
        "close": 27.1874,
        "volume": 0
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        "date": "2026-02-20",
        "close": 28.1309,
        "volume": 1
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      {
        "date": "2026-02-27",
        "close": 28.6927,
        "volume": 238
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      {
        "date": "2026-03-06",
        "close": 28.4006,
        "volume": 1
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        "date": "2026-03-13",
        "close": 26.8994,
        "volume": 4
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        "date": "2026-03-20",
        "close": 25.8281,
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        "date": "2026-03-27",
        "close": 23.634,
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        "date": "2026-04-03",
        "close": 25.5441,
        "volume": 492
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      {
        "date": "2026-04-10",
        "close": 26.3894,
        "volume": 5
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      {
        "date": "2026-04-17",
        "close": 28.2807,
        "volume": 17
      },
      {
        "date": "2026-04-24",
        "close": 26.9091,
        "volume": 228
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      {
        "date": "2026-05-01",
        "close": 27.3771,
        "volume": 25
      },
      {
        "date": "2026-05-08",
        "close": 27.4132,
        "volume": 541
      },
      {
        "date": "2026-05-15",
        "close": 27.0088,
        "volume": 1016
      },
      {
        "date": "2026-05-22",
        "close": 26.7101,
        "volume": 371
      },
      {
        "date": "2026-05-29",
        "close": 26.7705,
        "volume": 36
      },
      {
        "date": "2026-06-05",
        "close": 24.8885,
        "volume": 182
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      {
        "date": "2026-06-12",
        "close": 24.8131,
        "volume": 1
      },
      {
        "date": "2026-06-19",
        "close": 23.8739,
        "volume": 1
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      {
        "date": "2026-06-26",
        "close": 22.5574,
        "volume": 31
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      {
        "date": "2026-07-03",
        "close": 23.8308,
        "volume": 914
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      {
        "date": "2026-07-10",
        "close": 24.4798,
        "volume": 1130
      },
      {
        "date": "2026-07-17",
        "close": 24.1519,
        "volume": 338
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      {
        "date": "2026-07-24",
        "close": 22.3636,
        "volume": 37
      },
      {
        "date": "2026-07-31",
        "close": 22.9022,
        "volume": 27
      },
      {
        "date": "2026-08-07",
        "close": 23.7334,
        "volume": 339
      }
    ],
    "sharemaestro_context": {
      "trend": 26.08729,
      "fair_value": 26.725465,
      "market_activity": -91.37335,
      "market_dynamics": -1.407049,
      "relative_strength": -23.086372
    },
    "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": 0.061251
      }
    ]
  }
}