{
  "ticker": {
    "uuid": "3b5b9e3c-84e8-48cb-9006-b005a9021102",
    "symbol": "QGRD",
    "name": "HORIZON NASDAQ-100 DEFINED RISK 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": 29.6455,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 25.245393,
    "boundary_margin": 0.174293,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.151996,
    "volatility_stability": 1.1865,
    "risk_context": 0.6579,
    "current_regime": {
      "move": -0.013037,
      "interruption": -0.044795,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 91.923,
    "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 17.4% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-10",
        "close": 30.0371,
        "direction_boundary": 24.56057,
        "core_momentum": 0.222981,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.140793
      },
      {
        "date": "2026-07-17",
        "close": 29.1083,
        "direction_boundary": 24.775156,
        "core_momentum": 0.174899,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.148569
      },
      {
        "date": "2026-07-24",
        "close": 28.6916,
        "direction_boundary": 24.955865,
        "core_momentum": 0.149694,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.150507
      },
      {
        "date": "2026-07-31",
        "close": 28.7982,
        "direction_boundary": 24.579183,
        "core_momentum": 0.17165,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.150464
      },
      {
        "date": "2026-08-07",
        "close": 29.6455,
        "direction_boundary": 25.245393,
        "core_momentum": 0.174293,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.151996
      }
    ],
    "price_history": [
      {
        "date": "2025-07-11",
        "close": 24.56057,
        "volume": 4044
      },
      {
        "date": "2025-07-18",
        "close": 24.775156,
        "volume": 334
      },
      {
        "date": "2025-07-25",
        "close": 24.955865,
        "volume": 209
      },
      {
        "date": "2025-08-01",
        "close": 24.579183,
        "volume": 2809151
      },
      {
        "date": "2025-08-08",
        "close": 25.245393,
        "volume": 19437
      },
      {
        "date": "2025-08-15",
        "close": 25.367015,
        "volume": 15825
      },
      {
        "date": "2025-08-22",
        "close": 25.120325,
        "volume": 27251
      },
      {
        "date": "2025-08-29",
        "close": 25.105455,
        "volume": 28063
      },
      {
        "date": "2025-09-05",
        "close": 25.305663,
        "volume": 21445
      },
      {
        "date": "2025-09-12",
        "close": 25.742122,
        "volume": 16942
      },
      {
        "date": "2025-09-19",
        "close": 26.237077,
        "volume": 22028
      },
      {
        "date": "2025-09-26",
        "close": 26.175134,
        "volume": 132671
      },
      {
        "date": "2025-10-03",
        "close": 26.478745,
        "volume": 35130
      },
      {
        "date": "2025-10-10",
        "close": 25.982115,
        "volume": 22504
      },
      {
        "date": "2025-10-17",
        "close": 26.584413,
        "volume": 21406
      },
      {
        "date": "2025-10-24",
        "close": 27.037515,
        "volume": 20230
      },
      {
        "date": "2025-10-31",
        "close": 27.567726,
        "volume": 32461
      },
      {
        "date": "2025-11-07",
        "close": 26.768273,
        "volume": 24573
      },
      {
        "date": "2025-11-14",
        "close": 26.713716,
        "volume": 17933
      },
      {
        "date": "2025-11-21",
        "close": 25.995114,
        "volume": 26649
      },
      {
        "date": "2025-11-28",
        "close": 26.945929,
        "volume": 13159
      },
      {
        "date": "2025-12-05",
        "close": 27.204338,
        "volume": 18487
      },
      {
        "date": "2025-12-12",
        "close": 26.78206,
        "volume": 67642
      },
      {
        "date": "2025-12-19",
        "close": 26.882509,
        "volume": 40606
      },
      {
        "date": "2025-12-26",
        "close": 27.0329,
        "volume": 31171
      },
      {
        "date": "2026-01-02",
        "close": 26.5868,
        "volume": 16929
      },
      {
        "date": "2026-01-09",
        "close": 27.1338,
        "volume": 35989
      },
      {
        "date": "2026-01-16",
        "close": 26.9724,
        "volume": 29139
      },
      {
        "date": "2026-01-23",
        "close": 27.0379,
        "volume": 28620
      },
      {
        "date": "2026-01-30",
        "close": 27.0238,
        "volume": 29896
      },
      {
        "date": "2026-02-06",
        "close": 26.5597,
        "volume": 29440
      },
      {
        "date": "2026-02-13",
        "close": 26.2772,
        "volume": 26535
      },
      {
        "date": "2026-02-20",
        "close": 26.48,
        "volume": 30626
      },
      {
        "date": "2026-02-27",
        "close": 26.4552,
        "volume": 38705
      },
      {
        "date": "2026-03-06",
        "close": 26.2543,
        "volume": 46844
      },
      {
        "date": "2026-03-13",
        "close": 25.92,
        "volume": 65686
      },
      {
        "date": "2026-03-20",
        "close": 25.6243,
        "volume": 28488
      },
      {
        "date": "2026-03-27",
        "close": 25.1613,
        "volume": 21855
      },
      {
        "date": "2026-04-03",
        "close": 25.6459,
        "volume": 54678
      },
      {
        "date": "2026-04-10",
        "close": 26.2322,
        "volume": 32109
      },
      {
        "date": "2026-04-17",
        "close": 27.2291,
        "volume": 27028
      },
      {
        "date": "2026-04-24",
        "close": 27.8337,
        "volume": 76263
      },
      {
        "date": "2026-05-01",
        "close": 28.3005,
        "volume": 24339
      },
      {
        "date": "2026-05-08",
        "close": 29.4797,
        "volume": 36131
      },
      {
        "date": "2026-05-15",
        "close": 29.3381,
        "volume": 39212
      },
      {
        "date": "2026-05-22",
        "close": 29.6716,
        "volume": 95029
      },
      {
        "date": "2026-05-29",
        "close": 30.4215,
        "volume": 570751
      },
      {
        "date": "2026-06-05",
        "close": 29.3523,
        "volume": 29315
      },
      {
        "date": "2026-06-12",
        "close": 29.9253,
        "volume": 44741
      },
      {
        "date": "2026-06-19",
        "close": 30.6176,
        "volume": 23470
      },
      {
        "date": "2026-06-26",
        "close": 29.5406,
        "volume": 42558
      },
      {
        "date": "2026-07-03",
        "close": 29.6506,
        "volume": 35049
      },
      {
        "date": "2026-07-10",
        "close": 30.0371,
        "volume": 62830
      },
      {
        "date": "2026-07-17",
        "close": 29.1083,
        "volume": 31043
      },
      {
        "date": "2026-07-24",
        "close": 28.6916,
        "volume": 47166
      },
      {
        "date": "2026-07-31",
        "close": 28.7982,
        "volume": 1625619
      },
      {
        "date": "2026-08-07",
        "close": 29.6455,
        "volume": 344515
      }
    ],
    "sharemaestro_context": {
      "trend": 27.976183,
      "fair_value": 27.090358,
      "market_activity": 20.693336,
      "market_dynamics": -0.20193,
      "relative_strength": -4.872046
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.013037,
        "directional_follow_through": 0.0,
        "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": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.013037
      }
    ]
  }
}