{
  "ticker": {
    "uuid": "2aac6d9a-3388-4ed8-9587-5085a2a1b953",
    "symbol": "XLCI",
    "name": "STATE STREET COMMUNICATION SERVICES SELECT SECTOR SPDR PREMIUM INCOME ETF",
    "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": 23.5813,
    "direction": "positive",
    "state": "Positive, shorter trend weakening",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 22.844269,
    "boundary_margin": 0.032263,
    "trend_agreement": "Divided",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.146442,
    "volatility_stability": 1.1507,
    "risk_context": 0.6829,
    "current_regime": {
      "move": 0.026269,
      "interruption": 0.0,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 47.379,
    "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 3.2% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-31",
        "close": 22.977706,
        "direction_boundary": 22.529565,
        "core_momentum": 0.019891,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.143655
      },
      {
        "date": "2026-08-07",
        "close": 23.5813,
        "direction_boundary": 22.844269,
        "core_momentum": 0.032263,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.146442
      }
    ],
    "price_history": [
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        "date": "2025-08-01",
        "close": 22.529565,
        "volume": 42323
      },
      {
        "date": "2025-08-08",
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        "volume": 55
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        "date": "2025-08-15",
        "close": 23.103554,
        "volume": 2067
      },
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        "date": "2025-08-22",
        "close": 23.096377,
        "volume": 234
      },
      {
        "date": "2025-08-29",
        "close": 23.143346,
        "volume": 152
      },
      {
        "date": "2025-09-05",
        "close": 23.612021,
        "volume": 2999
      },
      {
        "date": "2025-09-12",
        "close": 23.812108,
        "volume": 4393
      },
      {
        "date": "2025-09-19",
        "close": 23.96114,
        "volume": 2933
      },
      {
        "date": "2025-09-26",
        "close": 23.868672,
        "volume": 1035
      },
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        "date": "2025-10-03",
        "close": 23.633298,
        "volume": 1939
      },
      {
        "date": "2025-10-10",
        "close": 22.903668,
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      },
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        "date": "2025-10-17",
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      },
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        "date": "2025-10-24",
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        "volume": 4657
      },
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        "date": "2025-10-31",
        "close": 23.470363,
        "volume": 1911
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      {
        "date": "2025-11-07",
        "close": 22.998729,
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      },
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        "date": "2025-11-14",
        "close": 22.849791,
        "volume": 4834
      },
      {
        "date": "2025-11-21",
        "close": 22.899187,
        "volume": 6013
      },
      {
        "date": "2025-11-28",
        "close": 23.429577,
        "volume": 7305
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      {
        "date": "2025-12-05",
        "close": 23.646557,
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      {
        "date": "2025-12-12",
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      {
        "date": "2025-12-19",
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      {
        "date": "2025-12-26",
        "close": 24.125441,
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      {
        "date": "2026-01-02",
        "close": 24.029322,
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        "date": "2026-01-09",
        "close": 24.242408,
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        "date": "2026-01-16",
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        "date": "2026-01-23",
        "close": 24.213308,
        "volume": 4096
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        "date": "2026-01-30",
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        "date": "2026-02-06",
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        "date": "2026-02-13",
        "close": 23.862573,
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        "date": "2026-02-20",
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        "date": "2026-02-27",
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        "date": "2026-03-06",
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      {
        "date": "2026-03-13",
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        "date": "2026-03-20",
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      {
        "date": "2026-03-27",
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        "date": "2026-04-03",
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        "date": "2026-05-22",
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      {
        "date": "2026-05-29",
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      {
        "date": "2026-06-05",
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        "date": "2026-06-12",
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        "date": "2026-06-19",
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        "date": "2026-06-26",
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        "date": "2026-07-17",
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        "date": "2026-07-24",
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        "date": "2026-07-31",
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    ],
    "sharemaestro_context": {
      "trend": 23.8057,
      "fair_value": 23.644461,
      "market_activity": -33.532353,
      "market_dynamics": -0.829264,
      "relative_strength": -11.371792
    },
    "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",
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        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
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        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      }
    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.026269
      }
    ]
  }
}