{
  "ticker": {
    "uuid": "3c3732c0-f69b-437f-84d7-5199b5fb97fd",
    "symbol": "LLDR",
    "name": "GLOBAL X LONG-TERM TREASURY LADDER 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": 43.3106,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 43.667125,
    "boundary_margin": -0.008165,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "High",
    "annualized_volatility": 0.091041,
    "volatility_stability": 1.1618,
    "risk_context": 1.0984,
    "current_regime": {
      "move": 0.010327,
      "interruption": 0.010327,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 53.46,
    "interpretation": {
      "label": "Negative across all Trend views",
      "headline": "All measured Trend views are negative",
      "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 0.8% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is high."
    },
    "chart_path": [
      {
        "date": "2025-09-12",
        "close": 45.006708,
        "direction_boundary": 46.810052,
        "core_momentum": -0.038525,
        "direction": "negative",
        "trend_agreement": 0.25,
        "volatility": 0.12424
      },
      {
        "date": "2025-09-19",
        "close": 44.652792,
        "direction_boundary": 46.311497,
        "core_momentum": -0.035816,
        "direction": "negative",
        "trend_agreement": 0.25,
        "volatility": 0.124551
      },
      {
        "date": "2025-09-26",
        "close": 44.512811,
        "direction_boundary": 46.111871,
        "core_momentum": -0.034678,
        "direction": "negative",
        "trend_agreement": 0.25,
        "volatility": 0.124477
      },
      {
        "date": "2025-10-03",
        "close": 44.862761,
        "direction_boundary": 45.037435,
        "core_momentum": -0.003878,
        "direction": "negative",
        "trend_agreement": 0.5,
        "volatility": 0.117235
      },
      {
        "date": "2025-10-10",
        "close": 45.402792,
        "direction_boundary": 44.349493,
        "core_momentum": 0.02375,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.074199
      },
      {
        "date": "2025-10-17",
        "close": 45.651463,
        "direction_boundary": 44.399508,
        "core_momentum": 0.028197,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.073575
      },
      {
        "date": "2025-10-24",
        "close": 45.774973,
        "direction_boundary": 43.693995,
        "core_momentum": 0.047626,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.070921
      },
      {
        "date": "2025-10-31",
        "close": 45.310426,
        "direction_boundary": 43.160004,
        "core_momentum": 0.049824,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.071733
      },
      {
        "date": "2025-11-07",
        "close": 45.167097,
        "direction_boundary": 43.777555,
        "core_momentum": 0.031741,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.071024
      },
      {
        "date": "2025-11-14",
        "close": 44.899318,
        "direction_boundary": 42.923939,
        "core_momentum": 0.04602,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.070749
      },
      {
        "date": "2025-11-21",
        "close": 45.208676,
        "direction_boundary": 43.032634,
        "core_momentum": 0.050567,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.066079
      },
      {
        "date": "2025-11-28",
        "close": 45.540625,
        "direction_boundary": 44.405393,
        "core_momentum": 0.025565,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.063706
      },
      {
        "date": "2025-12-05",
        "close": 44.799188,
        "direction_boundary": 44.766991,
        "core_momentum": 0.000719,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.068014
      },
      {
        "date": "2025-12-12",
        "close": 44.467593,
        "direction_boundary": 43.161484,
        "core_momentum": 0.030261,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.068098
      },
      {
        "date": "2025-12-19",
        "close": 44.686702,
        "direction_boundary": 42.51032,
        "core_momentum": 0.051197,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.068259
      },
      {
        "date": "2025-12-26",
        "close": 44.848444,
        "direction_boundary": 42.044842,
        "core_momentum": 0.066681,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.067365
      },
      {
        "date": "2026-01-02",
        "close": 44.615241,
        "direction_boundary": 42.162174,
        "core_momentum": 0.058182,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.067913
      },
      {
        "date": "2026-01-09",
        "close": 44.946091,
        "direction_boundary": 41.380244,
        "core_momentum": 0.086173,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.065663
      },
      {
        "date": "2026-01-16",
        "close": 44.868601,
        "direction_boundary": 42.114295,
        "core_momentum": 0.065401,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.065351
      },
      {
        "date": "2026-01-23",
        "close": 44.888415,
        "direction_boundary": 42.160954,
        "core_momentum": 0.064692,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.063964
      },
      {
        "date": "2026-01-30",
        "close": 44.657614,
        "direction_boundary": 42.418374,
        "core_momentum": 0.052789,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.059431
      },
      {
        "date": "2026-02-06",
        "close": 44.894702,
        "direction_boundary": 43.16477,
        "core_momentum": 0.040077,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.059104
      },
      {
        "date": "2026-02-13",
        "close": 45.878527,
        "direction_boundary": 43.15384,
        "core_momentum": 0.063139,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.064017
      },
      {
        "date": "2026-02-20",
        "close": 45.789419,
        "direction_boundary": 43.360945,
        "core_momentum": 0.056006,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.063881
      },
      {
        "date": "2026-02-27",
        "close": 46.42223,
        "direction_boundary": 44.416918,
        "core_momentum": 0.045147,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.065746
      },
      {
        "date": "2026-03-06",
        "close": 45.42647,
        "direction_boundary": 43.67273,
        "core_momentum": 0.040156,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.06802
      },
      {
        "date": "2026-03-13",
        "close": 44.555701,
        "direction_boundary": 43.718401,
        "core_momentum": 0.019152,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.07167
      },
      {
        "date": "2026-03-20",
        "close": 44.110878,
        "direction_boundary": 44.023435,
        "core_momentum": 0.001986,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.072178
      },
      {
        "date": "2026-03-27",
        "close": 44.03656,
        "direction_boundary": 43.837918,
        "core_momentum": 0.004531,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.072098
      },
      {
        "date": "2026-04-03",
        "close": 44.772612,
        "direction_boundary": 45.205271,
        "core_momentum": -0.009571,
        "direction": "negative",
        "trend_agreement": 0.5,
        "volatility": 0.075058
      },
      {
        "date": "2026-04-10",
        "close": 44.678354,
        "direction_boundary": 42.406311,
        "core_momentum": 0.053578,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.073052
      },
      {
        "date": "2026-04-17",
        "close": 44.9901,
        "direction_boundary": 42.829737,
        "core_momentum": 0.050441,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.073329
      },
      {
        "date": "2026-04-24",
        "close": 44.8123,
        "direction_boundary": 43.522858,
        "core_momentum": 0.029627,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.073318
      },
      {
        "date": "2026-05-01",
        "close": 44.277192,
        "direction_boundary": 43.197497,
        "core_momentum": 0.024994,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.073823
      },
      {
        "date": "2026-05-08",
        "close": 44.500537,
        "direction_boundary": 42.903382,
        "core_momentum": 0.037227,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.074191
      },
      {
        "date": "2026-05-15",
        "close": 43.32517,
        "direction_boundary": 42.600219,
        "core_momentum": 0.017018,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.082375
      },
      {
        "date": "2026-05-22",
        "close": 43.738126,
        "direction_boundary": 41.926173,
        "core_momentum": 0.043218,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.082977
      },
      {
        "date": "2026-05-29",
        "close": 44.28751,
        "direction_boundary": 42.600695,
        "core_momentum": 0.039596,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.084345
      },
      {
        "date": "2026-06-05",
        "close": 44.082801,
        "direction_boundary": 42.348476,
        "core_momentum": 0.040954,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.081596
      },
      {
        "date": "2026-06-12",
        "close": 44.433332,
        "direction_boundary": 42.805952,
        "core_momentum": 0.038018,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.081811
      },
      {
        "date": "2026-06-19",
        "close": 44.858272,
        "direction_boundary": 42.90261,
        "core_momentum": 0.045584,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.082612
      },
      {
        "date": "2026-06-26",
        "close": 45.18898,
        "direction_boundary": 43.313716,
        "core_momentum": 0.043295,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.083086
      },
      {
        "date": "2026-07-03",
        "close": 44.380671,
        "direction_boundary": 43.273897,
        "core_momentum": 0.025576,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.086618
      },
      {
        "date": "2026-07-10",
        "close": 43.862963,
        "direction_boundary": 42.756306,
        "core_momentum": 0.025883,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.087323
      },
      {
        "date": "2026-07-17",
        "close": 43.937462,
        "direction_boundary": 42.591069,
        "core_momentum": 0.031612,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.08739
      },
      {
        "date": "2026-07-24",
        "close": 43.337884,
        "direction_boundary": 43.077665,
        "core_momentum": 0.006041,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.08918
      },
      {
        "date": "2026-07-31",
        "close": 42.867884,
        "direction_boundary": 43.903085,
        "core_momentum": -0.023579,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.090022
      },
      {
        "date": "2026-08-07",
        "close": 43.3106,
        "direction_boundary": 43.667125,
        "core_momentum": -0.008165,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.091041
      }
    ],
    "price_history": [
      {
        "date": "2024-09-13",
        "close": 46.810052,
        "volume": 244
      },
      {
        "date": "2024-09-20",
        "close": 46.311497,
        "volume": 59
      },
      {
        "date": "2024-09-27",
        "close": 46.111871,
        "volume": 4063
      },
      {
        "date": "2024-10-04",
        "close": 45.037435,
        "volume": 819
      },
      {
        "date": "2024-10-11",
        "close": 44.349493,
        "volume": 67
      },
      {
        "date": "2024-10-18",
        "close": 44.399508,
        "volume": 8
      },
      {
        "date": "2024-10-25",
        "close": 43.693995,
        "volume": 40026
      },
      {
        "date": "2024-11-01",
        "close": 43.160004,
        "volume": 1063
      },
      {
        "date": "2024-11-08",
        "close": 43.777555,
        "volume": 1901
      },
      {
        "date": "2024-11-15",
        "close": 42.923939,
        "volume": 254
      },
      {
        "date": "2024-11-22",
        "close": 43.032634,
        "volume": 2014
      },
      {
        "date": "2024-11-29",
        "close": 44.405393,
        "volume": 192
      },
      {
        "date": "2024-12-06",
        "close": 44.766991,
        "volume": 6921
      },
      {
        "date": "2024-12-13",
        "close": 43.161484,
        "volume": 648
      },
      {
        "date": "2024-12-20",
        "close": 42.51032,
        "volume": 524
      },
      {
        "date": "2024-12-27",
        "close": 42.044842,
        "volume": 550
      },
      {
        "date": "2025-01-03",
        "close": 42.162174,
        "volume": 2920271
      },
      {
        "date": "2025-01-10",
        "close": 41.380244,
        "volume": 285
      },
      {
        "date": "2025-01-17",
        "close": 42.114295,
        "volume": 248
      },
      {
        "date": "2025-01-24",
        "close": 42.160954,
        "volume": 1771
      },
      {
        "date": "2025-01-31",
        "close": 42.418374,
        "volume": 446
      },
      {
        "date": "2025-02-07",
        "close": 43.16477,
        "volume": 1477
      },
      {
        "date": "2025-02-14",
        "close": 43.15384,
        "volume": 314
      },
      {
        "date": "2025-02-21",
        "close": 43.360945,
        "volume": 28
      },
      {
        "date": "2025-02-28",
        "close": 44.416918,
        "volume": 182
      },
      {
        "date": "2025-03-07",
        "close": 43.67273,
        "volume": 467
      },
      {
        "date": "2025-03-14",
        "close": 43.718401,
        "volume": 579
      },
      {
        "date": "2025-03-21",
        "close": 44.023435,
        "volume": 4342
      },
      {
        "date": "2025-03-28",
        "close": 43.837918,
        "volume": 1534
      },
      {
        "date": "2025-04-04",
        "close": 45.205271,
        "volume": 5811
      },
      {
        "date": "2025-04-11",
        "close": 42.406311,
        "volume": 3800
      },
      {
        "date": "2025-04-18",
        "close": 42.829737,
        "volume": 3286
      },
      {
        "date": "2025-04-25",
        "close": 43.522858,
        "volume": 2039
      },
      {
        "date": "2025-05-02",
        "close": 43.197497,
        "volume": 524
      },
      {
        "date": "2025-05-09",
        "close": 42.903382,
        "volume": 154
      },
      {
        "date": "2025-05-16",
        "close": 42.600219,
        "volume": 545
      },
      {
        "date": "2025-05-23",
        "close": 41.926173,
        "volume": 922
      },
      {
        "date": "2025-05-30",
        "close": 42.600695,
        "volume": 2082
      },
      {
        "date": "2025-06-06",
        "close": 42.348476,
        "volume": 72
      },
      {
        "date": "2025-06-13",
        "close": 42.805952,
        "volume": 2377
      },
      {
        "date": "2025-06-20",
        "close": 42.90261,
        "volume": 247
      },
      {
        "date": "2025-06-27",
        "close": 43.313716,
        "volume": 46
      },
      {
        "date": "2025-07-04",
        "close": 43.273897,
        "volume": 1447
      },
      {
        "date": "2025-07-11",
        "close": 42.756306,
        "volume": 2582
      },
      {
        "date": "2025-07-18",
        "close": 42.591069,
        "volume": 25577
      },
      {
        "date": "2025-07-25",
        "close": 43.077665,
        "volume": 335
      },
      {
        "date": "2025-08-01",
        "close": 43.903085,
        "volume": 1110
      },
      {
        "date": "2025-08-08",
        "close": 43.667125,
        "volume": 998
      },
      {
        "date": "2025-08-15",
        "close": 43.306057,
        "volume": 3014
      },
      {
        "date": "2025-08-22",
        "close": 43.610687,
        "volume": 1869
      },
      {
        "date": "2025-08-29",
        "close": 43.549337,
        "volume": 2917
      },
      {
        "date": "2025-09-05",
        "close": 44.491833,
        "volume": 407
      },
      {
        "date": "2025-09-12",
        "close": 45.006708,
        "volume": 782
      },
      {
        "date": "2025-09-19",
        "close": 44.652792,
        "volume": 2651
      },
      {
        "date": "2025-09-26",
        "close": 44.512811,
        "volume": 385
      },
      {
        "date": "2025-10-03",
        "close": 44.862761,
        "volume": 1405
      },
      {
        "date": "2025-10-10",
        "close": 45.402792,
        "volume": 716
      },
      {
        "date": "2025-10-17",
        "close": 45.651463,
        "volume": 1375
      },
      {
        "date": "2025-10-24",
        "close": 45.774973,
        "volume": 11164
      },
      {
        "date": "2025-10-31",
        "close": 45.310426,
        "volume": 2209
      },
      {
        "date": "2025-11-07",
        "close": 45.167097,
        "volume": 469
      },
      {
        "date": "2025-11-14",
        "close": 44.899318,
        "volume": 1001
      },
      {
        "date": "2025-11-21",
        "close": 45.208676,
        "volume": 2009
      },
      {
        "date": "2025-11-28",
        "close": 45.540625,
        "volume": 371
      },
      {
        "date": "2025-12-05",
        "close": 44.799188,
        "volume": 1207
      },
      {
        "date": "2025-12-12",
        "close": 44.467593,
        "volume": 15611
      },
      {
        "date": "2025-12-19",
        "close": 44.686702,
        "volume": 1199
      },
      {
        "date": "2025-12-26",
        "close": 44.848444,
        "volume": 9515
      },
      {
        "date": "2026-01-02",
        "close": 44.615241,
        "volume": 12938
      },
      {
        "date": "2026-01-09",
        "close": 44.946091,
        "volume": 1515
      },
      {
        "date": "2026-01-16",
        "close": 44.868601,
        "volume": 2036
      },
      {
        "date": "2026-01-23",
        "close": 44.888415,
        "volume": 569
      },
      {
        "date": "2026-01-30",
        "close": 44.657614,
        "volume": 173
      },
      {
        "date": "2026-02-06",
        "close": 44.894702,
        "volume": 5085
      },
      {
        "date": "2026-02-13",
        "close": 45.878527,
        "volume": 756
      },
      {
        "date": "2026-02-20",
        "close": 45.789419,
        "volume": 6003
      },
      {
        "date": "2026-02-27",
        "close": 46.42223,
        "volume": 107
      },
      {
        "date": "2026-03-06",
        "close": 45.42647,
        "volume": 542
      },
      {
        "date": "2026-03-13",
        "close": 44.555701,
        "volume": 349
      },
      {
        "date": "2026-03-20",
        "close": 44.110878,
        "volume": 242
      },
      {
        "date": "2026-03-27",
        "close": 44.03656,
        "volume": 1195
      },
      {
        "date": "2026-04-03",
        "close": 44.772612,
        "volume": 374
      },
      {
        "date": "2026-04-10",
        "close": 44.678354,
        "volume": 461
      },
      {
        "date": "2026-04-17",
        "close": 44.9901,
        "volume": 522
      },
      {
        "date": "2026-04-24",
        "close": 44.8123,
        "volume": 498
      },
      {
        "date": "2026-05-01",
        "close": 44.277192,
        "volume": 1113
      },
      {
        "date": "2026-05-08",
        "close": 44.500537,
        "volume": 3497
      },
      {
        "date": "2026-05-15",
        "close": 43.32517,
        "volume": 2711
      },
      {
        "date": "2026-05-22",
        "close": 43.738126,
        "volume": 1421
      },
      {
        "date": "2026-05-29",
        "close": 44.28751,
        "volume": 967
      },
      {
        "date": "2026-06-05",
        "close": 44.082801,
        "volume": 1014
      },
      {
        "date": "2026-06-12",
        "close": 44.433332,
        "volume": 892
      },
      {
        "date": "2026-06-19",
        "close": 44.858272,
        "volume": 204
      },
      {
        "date": "2026-06-26",
        "close": 45.18898,
        "volume": 976
      },
      {
        "date": "2026-07-03",
        "close": 44.380671,
        "volume": 279
      },
      {
        "date": "2026-07-10",
        "close": 43.862963,
        "volume": 1439
      },
      {
        "date": "2026-07-17",
        "close": 43.937462,
        "volume": 1393
      },
      {
        "date": "2026-07-24",
        "close": 43.337884,
        "volume": 647
      },
      {
        "date": "2026-07-31",
        "close": 42.867884,
        "volume": 336
      },
      {
        "date": "2026-08-07",
        "close": 43.3106,
        "volume": 638
      }
    ],
    "sharemaestro_context": {
      "trend": 44.505729,
      "fair_value": 44.043975,
      "market_activity": -23.31369,
      "market_dynamics": -0.744561,
      "relative_strength": -13.656842
    },
    "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",
        "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": "negative",
        "start": "2025-09-12",
        "end": "2025-10-03",
        "tenure": "Brief",
        "return": -0.003198
      },
      {
        "direction": "positive",
        "start": "2025-10-10",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": -0.030091
      },
      {
        "direction": "negative",
        "start": "2026-04-03",
        "end": "2026-04-03",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "positive",
        "start": "2026-04-10",
        "end": "2026-07-24",
        "tenure": "Established",
        "return": -0.030003
      },
      {
        "direction": "negative",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.010327
      }
    ]
  }
}