{
  "ticker": {
    "uuid": "3331631d-2523-4e8b-bbd8-f00de9d156d2",
    "symbol": "MACI",
    "name": "Melar Acquisition Corp. I Class A Ordinary Shares",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "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": 10.92,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 10.47,
    "boundary_margin": 0.04298,
    "trend_agreement": "Fully aligned",
    "persistence": "Mature",
    "direction_turnover": "Low",
    "annualized_volatility": 0.015664,
    "volatility_stability": 1.3853,
    "risk_context": 1.5,
    "current_regime": {
      "move": 0.037037,
      "interruption": -0.006648,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 100.0,
    "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 has persisted into a mature lifecycle.",
      "boundary_context": "The latest close is 4.3% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2025-07-18",
        "close": 10.53,
        "direction_boundary": 9.95,
        "core_momentum": 0.058291,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.029115
      },
      {
        "date": "2025-07-25",
        "close": 10.515,
        "direction_boundary": 9.98,
        "core_momentum": 0.053607,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.027403
      },
      {
        "date": "2025-08-01",
        "close": 10.46,
        "direction_boundary": 9.99,
        "core_momentum": 0.047047,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.027948
      },
      {
        "date": "2025-08-08",
        "close": 10.47,
        "direction_boundary": 9.98,
        "core_momentum": 0.049098,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.027593
      },
      {
        "date": "2025-08-15",
        "close": 10.49,
        "direction_boundary": 9.99,
        "core_momentum": 0.05005,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.02759
      },
      {
        "date": "2025-08-22",
        "close": 10.5,
        "direction_boundary": 9.99,
        "core_momentum": 0.051051,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.027572
      },
      {
        "date": "2025-08-29",
        "close": 10.5,
        "direction_boundary": 9.98,
        "core_momentum": 0.052104,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.027086
      },
      {
        "date": "2025-09-05",
        "close": 10.52,
        "direction_boundary": 9.98,
        "core_momentum": 0.054108,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.027083
      },
      {
        "date": "2025-09-12",
        "close": 10.51,
        "direction_boundary": 9.97,
        "core_momentum": 0.054162,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.026644
      },
      {
        "date": "2025-09-19",
        "close": 10.55,
        "direction_boundary": 9.98,
        "core_momentum": 0.057114,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.024586
      },
      {
        "date": "2025-09-26",
        "close": 10.55,
        "direction_boundary": 9.99,
        "core_momentum": 0.056056,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.021234
      },
      {
        "date": "2025-10-03",
        "close": 10.53,
        "direction_boundary": 10.03,
        "core_momentum": 0.04985,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020695
      },
      {
        "date": "2025-10-10",
        "close": 10.54,
        "direction_boundary": 9.95,
        "core_momentum": 0.059296,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.019674
      },
      {
        "date": "2025-10-17",
        "close": 10.52,
        "direction_boundary": 9.98,
        "core_momentum": 0.054108,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.019902
      },
      {
        "date": "2025-10-24",
        "close": 10.57,
        "direction_boundary": 10.04,
        "core_momentum": 0.052789,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020555
      },
      {
        "date": "2025-10-31",
        "close": 10.55,
        "direction_boundary": 10.04,
        "core_momentum": 0.050797,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020842
      },
      {
        "date": "2025-11-07",
        "close": 10.55,
        "direction_boundary": 10.01,
        "core_momentum": 0.053946,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020867
      },
      {
        "date": "2025-11-14",
        "close": 10.57,
        "direction_boundary": 10.03,
        "core_momentum": 0.053838,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020917
      },
      {
        "date": "2025-11-21",
        "close": 10.59,
        "direction_boundary": 10.034,
        "core_momentum": 0.055412,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020913
      },
      {
        "date": "2025-11-28",
        "close": 10.58,
        "direction_boundary": 10.04,
        "core_momentum": 0.053785,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.021004
      },
      {
        "date": "2025-12-05",
        "close": 10.6,
        "direction_boundary": 10.0511,
        "core_momentum": 0.054611,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020601
      },
      {
        "date": "2025-12-12",
        "close": 10.61,
        "direction_boundary": 10.0714,
        "core_momentum": 0.053478,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.02053
      },
      {
        "date": "2025-12-19",
        "close": 10.61,
        "direction_boundary": 10.06,
        "core_momentum": 0.054672,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.014849
      },
      {
        "date": "2025-12-26",
        "close": 10.61,
        "direction_boundary": 10.06,
        "core_momentum": 0.054672,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.014167
      },
      {
        "date": "2026-01-02",
        "close": 10.62,
        "direction_boundary": 10.09,
        "core_momentum": 0.052527,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.014166
      },
      {
        "date": "2026-01-09",
        "close": 10.645,
        "direction_boundary": 10.1,
        "core_momentum": 0.05396,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.014372
      },
      {
        "date": "2026-01-16",
        "close": 10.71,
        "direction_boundary": 10.11,
        "core_momentum": 0.059347,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.016314
      },
      {
        "date": "2026-01-23",
        "close": 10.66,
        "direction_boundary": 10.2,
        "core_momentum": 0.045098,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.017707
      },
      {
        "date": "2026-01-30",
        "close": 10.69,
        "direction_boundary": 10.16,
        "core_momentum": 0.052165,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015886
      },
      {
        "date": "2026-02-06",
        "close": 10.69,
        "direction_boundary": 10.14,
        "core_momentum": 0.054241,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015927
      },
      {
        "date": "2026-02-13",
        "close": 10.7,
        "direction_boundary": 10.16,
        "core_momentum": 0.05315,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015848
      },
      {
        "date": "2026-02-20",
        "close": 10.71,
        "direction_boundary": 10.18,
        "core_momentum": 0.052063,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015848
      },
      {
        "date": "2026-02-27",
        "close": 10.715,
        "direction_boundary": 10.23,
        "core_momentum": 0.04741,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015816
      },
      {
        "date": "2026-03-06",
        "close": 10.73,
        "direction_boundary": 10.25,
        "core_momentum": 0.046829,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.01576
      },
      {
        "date": "2026-03-13",
        "close": 10.74,
        "direction_boundary": 10.22,
        "core_momentum": 0.050881,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015566
      },
      {
        "date": "2026-03-20",
        "close": 10.76,
        "direction_boundary": 10.31,
        "core_momentum": 0.043647,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015051
      },
      {
        "date": "2026-03-27",
        "close": 10.77,
        "direction_boundary": 10.23,
        "core_momentum": 0.052786,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015013
      },
      {
        "date": "2026-04-03",
        "close": 10.77,
        "direction_boundary": 10.2865,
        "core_momentum": 0.047003,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.014556
      },
      {
        "date": "2026-04-10",
        "close": 10.7796,
        "direction_boundary": 10.25,
        "core_momentum": 0.051668,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.014555
      },
      {
        "date": "2026-04-17",
        "close": 10.79,
        "direction_boundary": 10.28,
        "core_momentum": 0.049611,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.013999
      },
      {
        "date": "2026-04-24",
        "close": 10.8,
        "direction_boundary": 10.28,
        "core_momentum": 0.050584,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.012903
      },
      {
        "date": "2026-05-01",
        "close": 10.805,
        "direction_boundary": 10.3059,
        "core_momentum": 0.048429,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.012309
      },
      {
        "date": "2026-05-08",
        "close": 10.8059,
        "direction_boundary": 10.32,
        "core_momentum": 0.047083,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.012297
      },
      {
        "date": "2026-05-15",
        "close": 10.85,
        "direction_boundary": 10.33,
        "core_momentum": 0.050339,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.012993
      },
      {
        "date": "2026-05-22",
        "close": 10.85,
        "direction_boundary": 10.35,
        "core_momentum": 0.048309,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.013
      },
      {
        "date": "2026-05-29",
        "close": 10.83,
        "direction_boundary": 10.37,
        "core_momentum": 0.044359,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.013316
      },
      {
        "date": "2026-06-05",
        "close": 10.85,
        "direction_boundary": 10.41,
        "core_momentum": 0.042267,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.01331
      },
      {
        "date": "2026-06-12",
        "close": 10.79,
        "direction_boundary": 10.43,
        "core_momentum": 0.034516,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.016028
      },
      {
        "date": "2026-06-19",
        "close": 10.79,
        "direction_boundary": 10.54,
        "core_momentum": 0.023719,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.016028
      },
      {
        "date": "2026-06-26",
        "close": 10.88,
        "direction_boundary": 10.51,
        "core_momentum": 0.035205,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.019186
      },
      {
        "date": "2026-07-03",
        "close": 10.88,
        "direction_boundary": 10.52,
        "core_momentum": 0.034221,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.019232
      },
      {
        "date": "2026-07-10",
        "close": 10.89,
        "direction_boundary": 10.515,
        "core_momentum": 0.035663,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.019123
      },
      {
        "date": "2026-07-17",
        "close": 10.9,
        "direction_boundary": 10.53,
        "core_momentum": 0.035138,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.017587
      },
      {
        "date": "2026-07-24",
        "close": 10.9,
        "direction_boundary": 10.515,
        "core_momentum": 0.036614,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015848
      },
      {
        "date": "2026-07-31",
        "close": 10.92,
        "direction_boundary": 10.46,
        "core_momentum": 0.043977,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015664
      },
      {
        "date": "2026-08-07",
        "close": 10.92,
        "direction_boundary": 10.47,
        "core_momentum": 0.04298,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015664
      }
    ],
    "price_history": [
      {
        "date": "2024-07-19",
        "close": 9.95,
        "volume": 623035
      },
      {
        "date": "2024-07-26",
        "close": 9.98,
        "volume": 7013
      },
      {
        "date": "2024-08-02",
        "close": 9.99,
        "volume": 312971
      },
      {
        "date": "2024-08-09",
        "close": 9.98,
        "volume": 945017
      },
      {
        "date": "2024-08-16",
        "close": 9.99,
        "volume": 1028443
      },
      {
        "date": "2024-08-23",
        "close": 9.99,
        "volume": 4678
      },
      {
        "date": "2024-08-30",
        "close": 9.98,
        "volume": 341350
      },
      {
        "date": "2024-09-06",
        "close": 9.98,
        "volume": 377675
      },
      {
        "date": "2024-09-13",
        "close": 9.97,
        "volume": 1002854
      },
      {
        "date": "2024-09-20",
        "close": 9.98,
        "volume": 8344
      },
      {
        "date": "2024-09-27",
        "close": 9.99,
        "volume": 123654
      },
      {
        "date": "2024-10-04",
        "close": 10.03,
        "volume": 113223
      },
      {
        "date": "2024-10-11",
        "close": 9.95,
        "volume": 58190
      },
      {
        "date": "2024-10-18",
        "close": 9.98,
        "volume": 4317
      },
      {
        "date": "2024-10-25",
        "close": 10.04,
        "volume": 55262
      },
      {
        "date": "2024-11-01",
        "close": 10.04,
        "volume": 115007
      },
      {
        "date": "2024-11-08",
        "close": 10.01,
        "volume": 267395
      },
      {
        "date": "2024-11-15",
        "close": 10.03,
        "volume": 51512
      },
      {
        "date": "2024-11-22",
        "close": 10.034,
        "volume": 60457
      },
      {
        "date": "2024-11-29",
        "close": 10.04,
        "volume": 22406
      },
      {
        "date": "2024-12-06",
        "close": 10.0511,
        "volume": 5805
      },
      {
        "date": "2024-12-13",
        "close": 10.0714,
        "volume": 20438
      },
      {
        "date": "2024-12-20",
        "close": 10.06,
        "volume": 171280
      },
      {
        "date": "2024-12-27",
        "close": 10.06,
        "volume": 52702
      },
      {
        "date": "2025-01-03",
        "close": 10.09,
        "volume": 91174
      },
      {
        "date": "2025-01-10",
        "close": 10.1,
        "volume": 4154
      },
      {
        "date": "2025-01-17",
        "close": 10.11,
        "volume": 65655
      },
      {
        "date": "2025-01-24",
        "close": 10.2,
        "volume": 13103
      },
      {
        "date": "2025-01-31",
        "close": 10.16,
        "volume": 211009
      },
      {
        "date": "2025-02-07",
        "close": 10.14,
        "volume": 18660
      },
      {
        "date": "2025-02-14",
        "close": 10.16,
        "volume": 81146
      },
      {
        "date": "2025-02-21",
        "close": 10.18,
        "volume": 772303
      },
      {
        "date": "2025-02-28",
        "close": 10.23,
        "volume": 894087
      },
      {
        "date": "2025-03-07",
        "close": 10.25,
        "volume": 1220049
      },
      {
        "date": "2025-03-14",
        "close": 10.22,
        "volume": 65114
      },
      {
        "date": "2025-03-21",
        "close": 10.31,
        "volume": 35728
      },
      {
        "date": "2025-03-28",
        "close": 10.23,
        "volume": 5596
      },
      {
        "date": "2025-04-04",
        "close": 10.2865,
        "volume": 44486
      },
      {
        "date": "2025-04-11",
        "close": 10.25,
        "volume": 214785
      },
      {
        "date": "2025-04-18",
        "close": 10.28,
        "volume": 8310
      },
      {
        "date": "2025-04-25",
        "close": 10.28,
        "volume": 2288
      },
      {
        "date": "2025-05-02",
        "close": 10.3059,
        "volume": 165543
      },
      {
        "date": "2025-05-09",
        "close": 10.32,
        "volume": 9249
      },
      {
        "date": "2025-05-16",
        "close": 10.33,
        "volume": 63236
      },
      {
        "date": "2025-05-23",
        "close": 10.35,
        "volume": 103166
      },
      {
        "date": "2025-05-30",
        "close": 10.37,
        "volume": 11511
      },
      {
        "date": "2025-06-06",
        "close": 10.41,
        "volume": 14525
      },
      {
        "date": "2025-06-13",
        "close": 10.43,
        "volume": 2149
      },
      {
        "date": "2025-06-20",
        "close": 10.54,
        "volume": 660101
      },
      {
        "date": "2025-06-27",
        "close": 10.51,
        "volume": 1289456
      },
      {
        "date": "2025-07-04",
        "close": 10.52,
        "volume": 361036
      },
      {
        "date": "2025-07-11",
        "close": 10.515,
        "volume": 171706
      },
      {
        "date": "2025-07-18",
        "close": 10.53,
        "volume": 115509
      },
      {
        "date": "2025-07-25",
        "close": 10.515,
        "volume": 1274
      },
      {
        "date": "2025-08-01",
        "close": 10.46,
        "volume": 1876602
      },
      {
        "date": "2025-08-08",
        "close": 10.47,
        "volume": 237043
      },
      {
        "date": "2025-08-15",
        "close": 10.49,
        "volume": 31989
      },
      {
        "date": "2025-08-22",
        "close": 10.5,
        "volume": 33505
      },
      {
        "date": "2025-08-29",
        "close": 10.5,
        "volume": 41737
      },
      {
        "date": "2025-09-05",
        "close": 10.52,
        "volume": 15623
      },
      {
        "date": "2025-09-12",
        "close": 10.51,
        "volume": 2501
      },
      {
        "date": "2025-09-19",
        "close": 10.55,
        "volume": 2668
      },
      {
        "date": "2025-09-26",
        "close": 10.55,
        "volume": 521
      },
      {
        "date": "2025-10-03",
        "close": 10.53,
        "volume": 29328
      },
      {
        "date": "2025-10-10",
        "close": 10.54,
        "volume": 407
      },
      {
        "date": "2025-10-17",
        "close": 10.52,
        "volume": 538
      },
      {
        "date": "2025-10-24",
        "close": 10.57,
        "volume": 28521
      },
      {
        "date": "2025-10-31",
        "close": 10.55,
        "volume": 15821
      },
      {
        "date": "2025-11-07",
        "close": 10.55,
        "volume": 13873
      },
      {
        "date": "2025-11-14",
        "close": 10.57,
        "volume": 7681
      },
      {
        "date": "2025-11-21",
        "close": 10.59,
        "volume": 18109
      },
      {
        "date": "2025-11-28",
        "close": 10.58,
        "volume": 4523
      },
      {
        "date": "2025-12-05",
        "close": 10.6,
        "volume": 250310
      },
      {
        "date": "2025-12-12",
        "close": 10.61,
        "volume": 314949
      },
      {
        "date": "2025-12-19",
        "close": 10.61,
        "volume": 80782
      },
      {
        "date": "2025-12-26",
        "close": 10.61,
        "volume": 41836
      },
      {
        "date": "2026-01-02",
        "close": 10.62,
        "volume": 61605
      },
      {
        "date": "2026-01-09",
        "close": 10.645,
        "volume": 24251
      },
      {
        "date": "2026-01-16",
        "close": 10.71,
        "volume": 38993
      },
      {
        "date": "2026-01-23",
        "close": 10.66,
        "volume": 64859
      },
      {
        "date": "2026-01-30",
        "close": 10.69,
        "volume": 19544
      },
      {
        "date": "2026-02-06",
        "close": 10.69,
        "volume": 47247
      },
      {
        "date": "2026-02-13",
        "close": 10.7,
        "volume": 15275
      },
      {
        "date": "2026-02-20",
        "close": 10.71,
        "volume": 10908
      },
      {
        "date": "2026-02-27",
        "close": 10.715,
        "volume": 42454
      },
      {
        "date": "2026-03-06",
        "close": 10.73,
        "volume": 234592
      },
      {
        "date": "2026-03-13",
        "close": 10.74,
        "volume": 65624
      },
      {
        "date": "2026-03-20",
        "close": 10.76,
        "volume": 39236
      },
      {
        "date": "2026-03-27",
        "close": 10.77,
        "volume": 389129
      },
      {
        "date": "2026-04-03",
        "close": 10.77,
        "volume": 26505
      },
      {
        "date": "2026-04-10",
        "close": 10.7796,
        "volume": 1540
      },
      {
        "date": "2026-04-17",
        "close": 10.79,
        "volume": 8547
      },
      {
        "date": "2026-04-24",
        "close": 10.8,
        "volume": 1456
      },
      {
        "date": "2026-05-01",
        "close": 10.805,
        "volume": 117257
      },
      {
        "date": "2026-05-08",
        "close": 10.8059,
        "volume": 1165
      },
      {
        "date": "2026-05-15",
        "close": 10.85,
        "volume": 4640
      },
      {
        "date": "2026-05-22",
        "close": 10.85,
        "volume": 652344
      },
      {
        "date": "2026-05-29",
        "close": 10.83,
        "volume": 2100
      },
      {
        "date": "2026-06-05",
        "close": 10.85,
        "volume": 33546
      },
      {
        "date": "2026-06-12",
        "close": 10.79,
        "volume": 7381
      },
      {
        "date": "2026-06-19",
        "close": 10.79,
        "volume": 91
      },
      {
        "date": "2026-06-26",
        "close": 10.88,
        "volume": 1116
      },
      {
        "date": "2026-07-03",
        "close": 10.88,
        "volume": 51
      },
      {
        "date": "2026-07-10",
        "close": 10.89,
        "volume": 545
      },
      {
        "date": "2026-07-17",
        "close": 10.9,
        "volume": 2439
      },
      {
        "date": "2026-07-24",
        "close": 10.9,
        "volume": 334
      },
      {
        "date": "2026-07-31",
        "close": 10.92,
        "volume": 14775
      },
      {
        "date": "2026-08-07",
        "close": 10.92,
        "volume": 3721
      }
    ],
    "sharemaestro_context": {
      "trend": 10.79585,
      "fair_value": 10.429809,
      "market_activity": 63.442322,
      "market_dynamics": 0.470312,
      "relative_strength": -10.862277
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": 0.002786,
        "directional_follow_through": 0.8462,
        "regime_survival": 1.0,
        "conditional_difference": -0.000489,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.008887,
        "directional_follow_through": 0.75,
        "regime_survival": 1.0,
        "conditional_difference": -0.001355,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 2,
        "median_return": 0.017417,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.004405,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.035138,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.004659,
        "sufficient": false
      }
    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2025-07-18",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.037037
      }
    ]
  }
}