{
  "ticker": {
    "uuid": "40f40588-35de-4900-b603-3834a84f10c9",
    "symbol": "QETH",
    "name": "Betashares Ethereum ETF",
    "exchange": "ASX",
    "country": "AU",
    "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": 18.790001,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 41.790001,
    "boundary_margin": -0.550371,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "Moderate",
    "annualized_volatility": 0.354011,
    "volatility_stability": 0.7976,
    "risk_context": 0.2825,
    "current_regime": {
      "move": -0.141225,
      "interruption": 0.206808,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 90.385,
    "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 is established.",
      "boundary_context": "The latest close is 55.0% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is moderate."
    },
    "chart_path": [
      {
        "date": "2026-02-20",
        "close": 19.18,
        "direction_boundary": 30.129999,
        "core_momentum": -0.363425,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.661172
      },
      {
        "date": "2026-02-27",
        "close": 20.059999,
        "direction_boundary": 24.25,
        "core_momentum": -0.172784,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.665863
      },
      {
        "date": "2026-03-06",
        "close": 20.5,
        "direction_boundary": 23.93,
        "core_momentum": -0.143335,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.670218
      },
      {
        "date": "2026-03-13",
        "close": 20.879999,
        "direction_boundary": 21.110001,
        "core_momentum": -0.010895,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.668045
      },
      {
        "date": "2026-03-20",
        "close": 21.07,
        "direction_boundary": 22.08,
        "core_momentum": -0.045743,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.668538
      },
      {
        "date": "2026-03-27",
        "close": 20.65,
        "direction_boundary": 22.0,
        "core_momentum": -0.061364,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.651651
      },
      {
        "date": "2026-04-03",
        "close": 20.700001,
        "direction_boundary": 20.02,
        "core_momentum": 0.033966,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.616209
      },
      {
        "date": "2026-04-10",
        "close": 21.67,
        "direction_boundary": 17.440001,
        "core_momentum": 0.242546,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.625568
      },
      {
        "date": "2026-04-17",
        "close": 22.66,
        "direction_boundary": 17.6,
        "core_momentum": 0.2875,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.627426
      },
      {
        "date": "2026-04-24",
        "close": 22.57,
        "direction_boundary": 19.450001,
        "core_momentum": 0.160411,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.627176
      },
      {
        "date": "2026-05-01",
        "close": 22.200001,
        "direction_boundary": 20.0,
        "core_momentum": 0.11,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.627261
      },
      {
        "date": "2026-05-08",
        "close": 21.879999,
        "direction_boundary": 24.08,
        "core_momentum": -0.091362,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.607933
      },
      {
        "date": "2026-05-15",
        "close": 21.790001,
        "direction_boundary": 28.08,
        "core_momentum": -0.224003,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.604291
      },
      {
        "date": "2026-05-22",
        "close": 20.76,
        "direction_boundary": 29.24,
        "core_momentum": -0.290014,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.594353
      },
      {
        "date": "2026-05-29",
        "close": 19.51,
        "direction_boundary": 28.620001,
        "core_momentum": -0.318309,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.585299
      },
      {
        "date": "2026-06-05",
        "close": 16.42,
        "direction_boundary": 26.5,
        "core_momentum": -0.380377,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.619517
      },
      {
        "date": "2026-06-12",
        "close": 16.43,
        "direction_boundary": 27.15,
        "core_momentum": -0.394843,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.616754
      },
      {
        "date": "2026-06-19",
        "close": 16.84,
        "direction_boundary": 27.0,
        "core_momentum": -0.376296,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.612164
      },
      {
        "date": "2026-06-26",
        "close": 15.57,
        "direction_boundary": 26.09,
        "core_momentum": -0.40322,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.616533
      },
      {
        "date": "2026-07-03",
        "close": 17.139999,
        "direction_boundary": 27.35,
        "core_momentum": -0.373309,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.635189
      },
      {
        "date": "2026-07-10",
        "close": 17.780001,
        "direction_boundary": 31.98,
        "core_momentum": -0.444027,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.63593
      },
      {
        "date": "2026-07-17",
        "close": 18.16,
        "direction_boundary": 39.560001,
        "core_momentum": -0.54095,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.630275
      },
      {
        "date": "2026-07-24",
        "close": 18.74,
        "direction_boundary": 38.650002,
        "core_momentum": -0.515136,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.618403
      },
      {
        "date": "2026-07-31",
        "close": 18.790001,
        "direction_boundary": 39.810001,
        "core_momentum": -0.528008,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.608349
      },
      {
        "date": "2026-08-07",
        "close": 18.790001,
        "direction_boundary": 41.790001,
        "core_momentum": -0.550371,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.354011
      }
    ],
    "price_history": [
      {
        "date": "2025-02-21",
        "close": 30.129999,
        "volume": 10240
      },
      {
        "date": "2025-02-28",
        "close": 24.25,
        "volume": 28908
      },
      {
        "date": "2025-03-07",
        "close": 23.93,
        "volume": 33058
      },
      {
        "date": "2025-03-14",
        "close": 21.110001,
        "volume": 12270
      },
      {
        "date": "2025-03-21",
        "close": 22.08,
        "volume": 13267
      },
      {
        "date": "2025-03-28",
        "close": 22.0,
        "volume": 1663
      },
      {
        "date": "2025-04-04",
        "close": 20.02,
        "volume": 20232
      },
      {
        "date": "2025-04-11",
        "close": 17.440001,
        "volume": 23839
      },
      {
        "date": "2025-04-18",
        "close": 17.6,
        "volume": 11871
      },
      {
        "date": "2025-04-25",
        "close": 19.450001,
        "volume": 4531
      },
      {
        "date": "2025-05-02",
        "close": 20.0,
        "volume": 3566
      },
      {
        "date": "2025-05-09",
        "close": 24.08,
        "volume": 72134
      },
      {
        "date": "2025-05-16",
        "close": 28.08,
        "volume": 9027
      },
      {
        "date": "2025-05-23",
        "close": 29.24,
        "volume": 25062
      },
      {
        "date": "2025-05-30",
        "close": 28.620001,
        "volume": 10325
      },
      {
        "date": "2025-06-06",
        "close": 26.5,
        "volume": 7956
      },
      {
        "date": "2025-06-13",
        "close": 27.15,
        "volume": 21193
      },
      {
        "date": "2025-06-20",
        "close": 27.0,
        "volume": 10218
      },
      {
        "date": "2025-06-27",
        "close": 26.09,
        "volume": 21785
      },
      {
        "date": "2025-07-04",
        "close": 27.35,
        "volume": 17455
      },
      {
        "date": "2025-07-11",
        "close": 31.98,
        "volume": 59612
      },
      {
        "date": "2025-07-18",
        "close": 39.560001,
        "volume": 114072
      },
      {
        "date": "2025-07-25",
        "close": 38.650002,
        "volume": 172045
      },
      {
        "date": "2025-08-01",
        "close": 39.810001,
        "volume": 122905
      },
      {
        "date": "2025-08-08",
        "close": 41.790001,
        "volume": 61206
      },
      {
        "date": "2025-08-15",
        "close": 49.650002,
        "volume": 182224
      },
      {
        "date": "2025-08-22",
        "close": 46.66,
        "volume": 83132
      },
      {
        "date": "2025-08-29",
        "close": 47.68,
        "volume": 90421
      },
      {
        "date": "2025-09-05",
        "close": 46.299999,
        "volume": 58703
      },
      {
        "date": "2025-09-12",
        "close": 47.77,
        "volume": 56969
      },
      {
        "date": "2025-09-19",
        "close": 48.0,
        "volume": 53010
      },
      {
        "date": "2025-09-26",
        "close": 41.919998,
        "volume": 90786
      },
      {
        "date": "2025-10-03",
        "close": 47.439999,
        "volume": 45732
      },
      {
        "date": "2025-10-10",
        "close": 46.029999,
        "volume": 55231
      },
      {
        "date": "2025-10-17",
        "close": 42.119999,
        "volume": 128540
      },
      {
        "date": "2025-10-24",
        "close": 42.104118,
        "volume": 38135
      },
      {
        "date": "2025-10-31",
        "close": 41.139999,
        "volume": 41783
      },
      {
        "date": "2025-11-07",
        "close": 36.09,
        "volume": 112329
      },
      {
        "date": "2025-11-14",
        "close": 33.75,
        "volume": 57590
      },
      {
        "date": "2025-11-21",
        "close": 30.549999,
        "volume": 78265
      },
      {
        "date": "2025-11-28",
        "close": 32.709999,
        "volume": 53074
      },
      {
        "date": "2025-12-05",
        "close": 33.240002,
        "volume": 50340
      },
      {
        "date": "2025-12-12",
        "close": 33.994999,
        "volume": 30300
      },
      {
        "date": "2025-12-19",
        "close": 30.799999,
        "volume": 43706
      },
      {
        "date": "2025-12-26",
        "close": 30.5,
        "volume": 13638
      },
      {
        "date": "2026-01-02",
        "close": 31.4,
        "volume": 26442
      },
      {
        "date": "2026-01-09",
        "close": 32.439999,
        "volume": 49721
      },
      {
        "date": "2026-01-16",
        "close": 34.139999,
        "volume": 60163
      },
      {
        "date": "2026-01-23",
        "close": 30.209999,
        "volume": 83797
      },
      {
        "date": "2026-01-30",
        "close": 27.41,
        "volume": 28682
      },
      {
        "date": "2026-02-06",
        "close": 19.17,
        "volume": 162012
      },
      {
        "date": "2026-02-13",
        "close": 19.08,
        "volume": 77537
      },
      {
        "date": "2026-02-20",
        "close": 19.18,
        "volume": 25039
      },
      {
        "date": "2026-02-27",
        "close": 20.059999,
        "volume": 77236
      },
      {
        "date": "2026-03-06",
        "close": 20.5,
        "volume": 48871
      },
      {
        "date": "2026-03-13",
        "close": 20.879999,
        "volume": 38944
      },
      {
        "date": "2026-03-20",
        "close": 21.07,
        "volume": 73760
      },
      {
        "date": "2026-03-27",
        "close": 20.65,
        "volume": 23316
      },
      {
        "date": "2026-04-03",
        "close": 20.700001,
        "volume": 48971
      },
      {
        "date": "2026-04-10",
        "close": 21.67,
        "volume": 53627
      },
      {
        "date": "2026-04-17",
        "close": 22.66,
        "volume": 69846
      },
      {
        "date": "2026-04-24",
        "close": 22.57,
        "volume": 69708
      },
      {
        "date": "2026-05-01",
        "close": 22.200001,
        "volume": 43023
      },
      {
        "date": "2026-05-08",
        "close": 21.879999,
        "volume": 26643
      },
      {
        "date": "2026-05-15",
        "close": 21.790001,
        "volume": 51122
      },
      {
        "date": "2026-05-22",
        "close": 20.76,
        "volume": 38895
      },
      {
        "date": "2026-05-29",
        "close": 19.51,
        "volume": 51443
      },
      {
        "date": "2026-06-05",
        "close": 16.42,
        "volume": 38785
      },
      {
        "date": "2026-06-12",
        "close": 16.43,
        "volume": 9345
      },
      {
        "date": "2026-06-19",
        "close": 16.84,
        "volume": 3411
      },
      {
        "date": "2026-06-26",
        "close": 15.57,
        "volume": 59015
      },
      {
        "date": "2026-07-03",
        "close": 17.139999,
        "volume": 22047
      },
      {
        "date": "2026-07-10",
        "close": 17.780001,
        "volume": 41988
      },
      {
        "date": "2026-07-17",
        "close": 18.16,
        "volume": 61401
      },
      {
        "date": "2026-07-24",
        "close": 18.74,
        "volume": 58717
      },
      {
        "date": "2026-07-31",
        "close": 18.790001,
        "volume": 56084
      },
      {
        "date": "2026-08-07",
        "close": 18.790001,
        "volume": 18941
      }
    ],
    "sharemaestro_context": {
      "trend": 20.691667,
      "fair_value": 28.142196,
      "market_activity": -18.464003,
      "market_dynamics": 0.344277,
      "relative_strength": -37.736514
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": 0.087001,
        "directional_follow_through": 0.25,
        "regime_survival": 0.75,
        "conditional_difference": 0.049166,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.082377,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.258123,
        "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": "2026-02-20",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": 0.076642
      },
      {
        "direction": "positive",
        "start": "2026-04-03",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.072464
      },
      {
        "direction": "negative",
        "start": "2026-05-08",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.141225
      }
    ]
  }
}