{
  "ticker": {
    "uuid": "2a610d93-9dd9-42f5-afd7-94f0ee0af8a2",
    "symbol": "HCAU",
    "name": "HSBC MSCI CHINA A UCITS ETF USD Hedged (Acc)",
    "exchange": "LSE",
    "country": "GB",
    "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": 12.822,
    "direction": "positive",
    "state": "Positive, shorter trend weakening",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 10.763,
    "boundary_margin": 0.191304,
    "trend_agreement": "Broadly aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.159611,
    "volatility_stability": 1.2309,
    "risk_context": 0.6265,
    "current_regime": {
      "move": 0.001719,
      "interruption": -0.08764,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 83.846,
    "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 remains in its early lifecycle.",
      "boundary_context": "The latest close is 19.1% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-06-05",
        "close": 12.8,
        "direction_boundary": 9.9355,
        "core_momentum": 0.28831,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.110169
      },
      {
        "date": "2026-06-12",
        "close": 12.881,
        "direction_boundary": 9.967,
        "core_momentum": 0.292365,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.110075
      },
      {
        "date": "2026-06-19",
        "close": 13.35,
        "direction_boundary": 9.932,
        "core_momentum": 0.34414,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.119244
      },
      {
        "date": "2026-06-26",
        "close": 13.263,
        "direction_boundary": 10.108,
        "core_momentum": 0.312129,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.11924
      },
      {
        "date": "2026-07-03",
        "close": 13.115,
        "direction_boundary": 10.315,
        "core_momentum": 0.271449,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.12081
      },
      {
        "date": "2026-07-10",
        "close": 12.962,
        "direction_boundary": 10.399,
        "core_momentum": 0.246466,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.116667
      },
      {
        "date": "2026-07-17",
        "close": 12.18,
        "direction_boundary": 10.551,
        "core_momentum": 0.154393,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.14562
      },
      {
        "date": "2026-07-24",
        "close": 12.495,
        "direction_boundary": 10.748,
        "core_momentum": 0.162542,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.150056
      },
      {
        "date": "2026-07-31",
        "close": 12.352,
        "direction_boundary": 10.563,
        "core_momentum": 0.169365,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.150758
      },
      {
        "date": "2026-08-07",
        "close": 12.822,
        "direction_boundary": 10.763,
        "core_momentum": 0.191304,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.159611
      }
    ],
    "price_history": [
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        "date": "2025-06-06",
        "close": 9.9355,
        "volume": 0
      },
      {
        "date": "2025-06-13",
        "close": 9.967,
        "volume": 0
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        "date": "2025-06-20",
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        "volume": 0
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        "date": "2025-06-27",
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        "date": "2025-07-04",
        "close": 10.315,
        "volume": 0
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        "date": "2025-07-11",
        "close": 10.399,
        "volume": 0
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        "date": "2025-07-18",
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        "volume": 20483
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        "date": "2025-07-25",
        "close": 10.748,
        "volume": 0
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        "date": "2025-08-01",
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        "volume": 0
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        "date": "2025-08-08",
        "close": 10.763,
        "volume": 0
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        "date": "2025-08-15",
        "close": 11.057,
        "volume": 0
      },
      {
        "date": "2025-08-22",
        "close": 11.621,
        "volume": 0
      },
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        "date": "2025-08-29",
        "close": 11.841,
        "volume": 1980
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      {
        "date": "2025-09-05",
        "close": 11.68,
        "volume": 0
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        "date": "2025-09-12",
        "close": 11.92,
        "volume": 0
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        "date": "2025-09-19",
        "close": 11.877,
        "volume": 0
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        "date": "2025-09-26",
        "close": 11.964,
        "volume": 3930
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      {
        "date": "2025-10-03",
        "close": 12.289,
        "volume": 2500
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        "date": "2025-10-10",
        "close": 11.841,
        "volume": 0
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        "date": "2025-10-17",
        "close": 11.978,
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        "date": "2025-10-24",
        "close": 12.2837,
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        "date": "2025-10-31",
        "close": 12.292,
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        "date": "2025-11-07",
        "close": 12.307,
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        "date": "2025-11-14",
        "close": 12.198,
        "volume": 0
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        "date": "2025-11-21",
        "close": 11.716,
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        "date": "2025-11-28",
        "close": 11.97,
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        "date": "2025-12-05",
        "close": 12.078,
        "volume": 0
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        "date": "2025-12-12",
        "close": 12.046,
        "volume": 4842
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      {
        "date": "2025-12-19",
        "close": 12.128,
        "volume": 0
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        "date": "2025-12-26",
        "close": 12.289,
        "volume": 0
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        "date": "2026-01-02",
        "close": 12.293,
        "volume": 0
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        "date": "2026-01-09",
        "close": 12.638,
        "volume": 0
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        "date": "2026-01-16",
        "close": 12.534,
        "volume": 650
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        "date": "2026-01-23",
        "close": 12.597,
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        "date": "2026-01-30",
        "close": 12.636,
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        "date": "2026-02-06",
        "close": 12.572,
        "volume": 0
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        "date": "2026-02-13",
        "close": 12.566,
        "volume": 1000
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        "date": "2026-02-20",
        "close": 12.676,
        "volume": 200
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        "date": "2026-02-27",
        "close": 12.74,
        "volume": 0
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        "date": "2026-03-06",
        "close": 12.471,
        "volume": 5886
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      {
        "date": "2026-03-13",
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        "date": "2026-03-20",
        "close": 12.115,
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        "date": "2026-03-27",
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      {
        "date": "2026-04-03",
        "close": 12.077,
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        "date": "2026-04-10",
        "close": 12.43,
        "volume": 0
      },
      {
        "date": "2026-04-17",
        "close": 12.766,
        "volume": 7911
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      {
        "date": "2026-04-24",
        "close": 12.785,
        "volume": 0
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        "date": "2026-05-01",
        "close": 13.048,
        "volume": 0
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      {
        "date": "2026-05-08",
        "close": 13.156,
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        "date": "2026-05-15",
        "close": 13.081,
        "volume": 54
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      {
        "date": "2026-05-22",
        "close": 12.962,
        "volume": 548
      },
      {
        "date": "2026-05-29",
        "close": 13.132,
        "volume": 2790
      },
      {
        "date": "2026-06-05",
        "close": 12.8,
        "volume": 0
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        "date": "2026-06-12",
        "close": 12.881,
        "volume": 0
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        "date": "2026-06-19",
        "close": 13.35,
        "volume": 0
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        "date": "2026-06-26",
        "close": 13.263,
        "volume": 0
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        "date": "2026-07-03",
        "close": 13.115,
        "volume": 0
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        "date": "2026-07-10",
        "close": 12.962,
        "volume": 1540
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        "date": "2026-07-17",
        "close": 12.18,
        "volume": 6750
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        "date": "2026-07-24",
        "close": 12.495,
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    "sharemaestro_context": {
      "trend": 12.7053,
      "fair_value": 12.076568,
      "market_activity": -3.537459,
      "market_dynamics": -0.800274,
      "relative_strength": -4.74732
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      },
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        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
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        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      },
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        "horizon": "Full cycle",
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        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      }
    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.001719
      }
    ]
  }
}