{
  "ticker": {
    "uuid": "43e625e7-232a-47a8-86e6-667678cee915",
    "symbol": "XISP",
    "name": "Xtr.IEXtr.S&P 500 Swap II ETF R",
    "exchange": "GER",
    "country": "DE",
    "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": 36.922001,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 34.747631,
    "boundary_margin": 0.062576,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.115955,
    "volatility_stability": 0.3402,
    "risk_context": 0.8624,
    "current_regime": {
      "move": 0.027695,
      "interruption": -0.012117,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 77.728,
    "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 6.3% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-17",
        "close": 35.926998,
        "direction_boundary": 34.231567,
        "core_momentum": 0.049528,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.109699
      },
      {
        "date": "2026-07-24",
        "close": 35.984001,
        "direction_boundary": 34.734375,
        "core_momentum": 0.035977,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.104998
      },
      {
        "date": "2026-07-31",
        "close": 35.548,
        "direction_boundary": 33.919262,
        "core_momentum": 0.048018,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.106322
      },
      {
        "date": "2026-08-07",
        "close": 36.922001,
        "direction_boundary": 34.747631,
        "core_momentum": 0.062576,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.115955
      }
    ],
    "price_history": [
      {
        "date": "2025-07-18",
        "close": 34.231567,
        "volume": 0
      },
      {
        "date": "2025-07-25",
        "close": 34.734375,
        "volume": 0
      },
      {
        "date": "2025-08-01",
        "close": 33.919262,
        "volume": 0
      },
      {
        "date": "2025-08-08",
        "close": 34.747631,
        "volume": 0
      },
      {
        "date": "2025-08-15",
        "close": 35.089947,
        "volume": 0
      },
      {
        "date": "2025-08-22",
        "close": 35.195412,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 35.165806,
        "volume": 0
      },
      {
        "date": "2025-09-05",
        "close": 30.005779,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 30.619831,
        "volume": 0
      },
      {
        "date": "2025-09-19",
        "close": 30.784309,
        "volume": 2
      },
      {
        "date": "2025-09-26",
        "close": 30.848106,
        "volume": 20
      },
      {
        "date": "2025-10-03",
        "close": 31.29768,
        "volume": 20
      },
      {
        "date": "2025-10-10",
        "close": 31.090338,
        "volume": 370
      },
      {
        "date": "2025-10-17",
        "close": 30.880007,
        "volume": 23
      },
      {
        "date": "2025-10-24",
        "close": 37.029987,
        "volume": 3450
      },
      {
        "date": "2025-10-31",
        "close": 32.348347,
        "volume": 8
      },
      {
        "date": "2025-11-07",
        "close": 31.319613,
        "volume": 54
      },
      {
        "date": "2025-11-14",
        "close": 31.724327,
        "volume": 134
      },
      {
        "date": "2025-11-21",
        "close": 31.219927,
        "volume": 171
      },
      {
        "date": "2025-11-28",
        "close": 32.192837,
        "volume": 46
      },
      {
        "date": "2025-12-05",
        "close": 32.225735,
        "volume": 13
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      {
        "date": "2025-12-12",
        "close": 31.722334,
        "volume": 13
      },
      {
        "date": "2025-12-19",
        "close": 31.850925,
        "volume": 34
      },
      {
        "date": "2025-12-26",
        "close": 31.982508,
        "volume": 25
      },
      {
        "date": "2026-01-02",
        "close": 31.857903,
        "volume": 0
      },
      {
        "date": "2026-01-09",
        "close": 32.66534,
        "volume": 0
      },
      {
        "date": "2026-01-16",
        "close": 32.774994,
        "volume": 0
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      {
        "date": "2026-01-23",
        "close": 32.168915,
        "volume": 92
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      {
        "date": "2026-01-30",
        "close": 31.939644,
        "volume": 49
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      {
        "date": "2026-02-06",
        "close": 31.939644,
        "volume": 357
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      {
        "date": "2026-02-13",
        "close": 31.598724,
        "volume": 2786
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      {
        "date": "2026-02-20",
        "close": 32.030998,
        "volume": 5
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      {
        "date": "2026-02-27",
        "close": 31.863001,
        "volume": 0
      },
      {
        "date": "2026-03-06",
        "close": 31.891001,
        "volume": 37
      },
      {
        "date": "2026-03-13",
        "close": 31.886,
        "volume": 13069
      },
      {
        "date": "2026-03-20",
        "close": 31.073999,
        "volume": 4510
      },
      {
        "date": "2026-03-27",
        "close": 30.516001,
        "volume": 2812
      },
      {
        "date": "2026-04-03",
        "close": 31.214001,
        "volume": 32125
      },
      {
        "date": "2026-04-10",
        "close": 31.937,
        "volume": 627
      },
      {
        "date": "2026-04-17",
        "close": 33.152,
        "volume": 1439
      },
      {
        "date": "2026-04-24",
        "close": 33.481998,
        "volume": 3356
      },
      {
        "date": "2026-05-01",
        "close": 33.516998,
        "volume": 13589
      },
      {
        "date": "2026-05-08",
        "close": 34.446999,
        "volume": 28073
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      {
        "date": "2026-05-15",
        "close": 35.111,
        "volume": 1
      },
      {
        "date": "2026-05-22",
        "close": 35.48,
        "volume": 29
      },
      {
        "date": "2026-05-29",
        "close": 35.678001,
        "volume": 265
      },
      {
        "date": "2026-06-05",
        "close": 35.652,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 35.323002,
        "volume": 743
      },
      {
        "date": "2026-06-19",
        "close": 35.928001,
        "volume": 5936
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      {
        "date": "2026-06-26",
        "close": 35.570999,
        "volume": 0
      },
      {
        "date": "2026-07-03",
        "close": 36.062,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 36.325001,
        "volume": 2005
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      {
        "date": "2026-07-17",
        "close": 35.926998,
        "volume": 8599
      },
      {
        "date": "2026-07-24",
        "close": 35.984001,
        "volume": 1037
      },
      {
        "date": "2026-07-31",
        "close": 35.548,
        "volume": 395
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      {
        "date": "2026-08-07",
        "close": 36.922001,
        "volume": 4936
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    ],
    "sharemaestro_context": {
      "trend": 33.764764,
      "fair_value": 33.208799,
      "market_activity": 48.162524,
      "market_dynamics": 0.644164,
      "relative_strength": 3.127397
    },
    "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": "positive",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.027695
      }
    ]
  }
}