{
  "ticker": {
    "uuid": "3947b097-7024-485d-af76-72ee9c77f9b1",
    "symbol": "SPHC",
    "name": "Amundi Core S&P 500 Swap UCITS ETF EUR Hedged Acc",
    "exchange": "PAR",
    "country": "FR",
    "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": 213.919998,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 178.257004,
    "boundary_margin": 0.200065,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.133439,
    "volatility_stability": 0.9111,
    "risk_context": 0.7494,
    "current_regime": {
      "move": 0.050481,
      "interruption": -0.016976,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 92.692,
    "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 remains in its early lifecycle.",
      "boundary_context": "The latest close is 20.0% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-06-26",
        "close": 203.639999,
        "direction_boundary": 173.266998,
        "core_momentum": 0.175296,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.120635
      },
      {
        "date": "2026-07-03",
        "close": 207.139999,
        "direction_boundary": 174.886002,
        "core_momentum": 0.184429,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.121444
      },
      {
        "date": "2026-07-10",
        "close": 208.529999,
        "direction_boundary": 175.322998,
        "core_momentum": 0.189405,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.120372
      },
      {
        "date": "2026-07-17",
        "close": 206.330002,
        "direction_boundary": 176.393005,
        "core_momentum": 0.169718,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.121771
      },
      {
        "date": "2026-07-24",
        "close": 205.520004,
        "direction_boundary": 178.619003,
        "core_momentum": 0.150605,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.121666
      },
      {
        "date": "2026-07-31",
        "close": 204.990005,
        "direction_boundary": 174.477997,
        "core_momentum": 0.174876,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.121864
      },
      {
        "date": "2026-08-07",
        "close": 213.919998,
        "direction_boundary": 178.257004,
        "core_momentum": 0.200065,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.133439
      }
    ],
    "price_history": [
      {
        "date": "2025-06-27",
        "close": 173.266998,
        "volume": 3377
      },
      {
        "date": "2025-07-04",
        "close": 174.886002,
        "volume": 3920
      },
      {
        "date": "2025-07-11",
        "close": 175.322998,
        "volume": 3122
      },
      {
        "date": "2025-07-18",
        "close": 176.393005,
        "volume": 3488
      },
      {
        "date": "2025-07-25",
        "close": 178.619003,
        "volume": 10930
      },
      {
        "date": "2025-08-01",
        "close": 174.477997,
        "volume": 5848
      },
      {
        "date": "2025-08-08",
        "close": 178.257004,
        "volume": 4591
      },
      {
        "date": "2025-08-15",
        "close": 180.218002,
        "volume": 2222
      },
      {
        "date": "2025-08-22",
        "close": 181.035004,
        "volume": 2213
      },
      {
        "date": "2025-08-29",
        "close": 180.173004,
        "volume": 3597
      },
      {
        "date": "2025-09-05",
        "close": 180.774994,
        "volume": 1107
      },
      {
        "date": "2025-09-12",
        "close": 183.940994,
        "volume": 5329
      },
      {
        "date": "2025-09-19",
        "close": 185.248993,
        "volume": 3716
      },
      {
        "date": "2025-09-26",
        "close": 184.817001,
        "volume": 3774
      },
      {
        "date": "2025-10-03",
        "close": 188.115005,
        "volume": 2817
      },
      {
        "date": "2025-10-10",
        "close": 185.011993,
        "volume": 14196
      },
      {
        "date": "2025-10-17",
        "close": 184.328003,
        "volume": 4221
      },
      {
        "date": "2025-10-24",
        "close": 187.317001,
        "volume": 2654
      },
      {
        "date": "2025-10-31",
        "close": 190.697006,
        "volume": 4192
      },
      {
        "date": "2025-11-07",
        "close": 185.358002,
        "volume": 3328
      },
      {
        "date": "2025-11-14",
        "close": 188.276993,
        "volume": 3464
      },
      {
        "date": "2025-11-21",
        "close": 183.179001,
        "volume": 4716
      },
      {
        "date": "2025-11-28",
        "close": 190.526001,
        "volume": 3407
      },
      {
        "date": "2025-12-05",
        "close": 191.244995,
        "volume": 2903
      },
      {
        "date": "2025-12-12",
        "close": 189.742996,
        "volume": 3576
      },
      {
        "date": "2025-12-19",
        "close": 190.222,
        "volume": 5718
      },
      {
        "date": "2025-12-26",
        "close": 192.016998,
        "volume": 4043
      },
      {
        "date": "2026-01-02",
        "close": 190.563004,
        "volume": 2596
      },
      {
        "date": "2026-01-09",
        "close": 193.442993,
        "volume": 2628
      },
      {
        "date": "2026-01-16",
        "close": 193.440994,
        "volume": 1275
      },
      {
        "date": "2026-01-23",
        "close": 192.503006,
        "volume": 9528
      },
      {
        "date": "2026-01-30",
        "close": 192.766006,
        "volume": 4195
      },
      {
        "date": "2026-02-06",
        "close": 191.774002,
        "volume": 6917
      },
      {
        "date": "2026-02-13",
        "close": 191.057007,
        "volume": 9813
      },
      {
        "date": "2026-02-20",
        "close": 191.473999,
        "volume": 9304
      },
      {
        "date": "2026-02-27",
        "close": 191.160004,
        "volume": 9729
      },
      {
        "date": "2026-03-06",
        "close": 189.287994,
        "volume": 9494
      },
      {
        "date": "2026-03-13",
        "close": 184.781998,
        "volume": 13913
      },
      {
        "date": "2026-03-20",
        "close": 181.858994,
        "volume": 7174
      },
      {
        "date": "2026-03-27",
        "close": 177.847,
        "volume": 7258
      },
      {
        "date": "2026-04-03",
        "close": 181.987,
        "volume": 10575
      },
      {
        "date": "2026-04-10",
        "close": 189.990005,
        "volume": 15568
      },
      {
        "date": "2026-04-17",
        "close": 197.598999,
        "volume": 29500
      },
      {
        "date": "2026-04-24",
        "close": 197.684998,
        "volume": 12936
      },
      {
        "date": "2026-05-01",
        "close": 198.309006,
        "volume": 17024
      },
      {
        "date": "2026-05-08",
        "close": 204.154999,
        "volume": 7041
      },
      {
        "date": "2026-05-15",
        "close": 205.438004,
        "volume": 7489
      },
      {
        "date": "2026-05-22",
        "close": 206.977997,
        "volume": 25436
      },
      {
        "date": "2026-05-29",
        "close": 209.621002,
        "volume": 24263
      },
      {
        "date": "2026-06-05",
        "close": 206.955994,
        "volume": 1343
      },
      {
        "date": "2026-06-12",
        "close": 205.246002,
        "volume": 19826
      },
      {
        "date": "2026-06-19",
        "close": 207.070007,
        "volume": 2007
      },
      {
        "date": "2026-06-26",
        "close": 203.639999,
        "volume": 888
      },
      {
        "date": "2026-07-03",
        "close": 207.139999,
        "volume": 1246
      },
      {
        "date": "2026-07-10",
        "close": 208.529999,
        "volume": 12473
      },
      {
        "date": "2026-07-17",
        "close": 206.330002,
        "volume": 12616
      },
      {
        "date": "2026-07-24",
        "close": 205.520004,
        "volume": 16469
      },
      {
        "date": "2026-07-31",
        "close": 204.990005,
        "volume": 19172
      },
      {
        "date": "2026-08-07",
        "close": 213.919998,
        "volume": 9256
      }
    ],
    "sharemaestro_context": {
      "trend": 197.968501,
      "fair_value": 191.127593,
      "market_activity": 42.639263,
      "market_dynamics": 0.203759,
      "relative_strength": 3.498494
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": 0.009232,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.0,
        "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": "2026-06-26",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.050481
      }
    ]
  }
}