{
  "ticker": {
    "uuid": "43ebe48f-6936-4c5e-9975-4aa5b9606291",
    "symbol": "HDRA",
    "name": "21Shares Hedera ETP",
    "exchange": "AMS",
    "country": "NL",
    "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": 8.4975,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 28.7237,
    "boundary_margin": -0.704164,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.238769,
    "volatility_stability": 0.4839,
    "risk_context": 0.4188,
    "current_regime": {
      "move": -0.152547,
      "interruption": 0.0,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 93.846,
    "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 70.4% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-06-05",
        "close": 10.0271,
        "direction_boundary": 19.941681,
        "core_momentum": -0.497179,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.414282
      },
      {
        "date": "2026-06-12",
        "close": 10.0271,
        "direction_boundary": 21.2668,
        "core_momentum": -0.528509,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.414282
      },
      {
        "date": "2026-06-19",
        "close": 9.332,
        "direction_boundary": 17.6542,
        "core_momentum": -0.471401,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.286064
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        "date": "2026-06-26",
        "close": 9.332,
        "direction_boundary": 17.6542,
        "core_momentum": -0.471401,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.286064
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        "date": "2026-07-03",
        "close": 8.5828,
        "direction_boundary": 17.6542,
        "core_momentum": -0.513838,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.301198
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        "date": "2026-07-10",
        "close": 8.4975,
        "direction_boundary": 24.7117,
        "core_momentum": -0.656135,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.300394
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      {
        "date": "2026-07-17",
        "close": 8.4975,
        "direction_boundary": 28.459801,
        "core_momentum": -0.701421,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.297121
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        "date": "2026-07-24",
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        "direction_boundary": 29.4508,
        "core_momentum": -0.711468,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.287678
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        "date": "2026-07-31",
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        "direction_boundary": 31.196699,
        "core_momentum": -0.727615,
        "direction": "negative",
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        "volatility": 0.272065
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        "date": "2026-08-07",
        "close": 8.4975,
        "direction_boundary": 28.7237,
        "core_momentum": -0.704164,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.238769
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    "price_history": [
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        "date": "2025-06-06",
        "close": 19.941681,
        "volume": 0
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        "date": "2025-06-13",
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        "date": "2026-03-27",
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        "date": "2026-04-03",
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        "date": "2026-04-10",
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        "date": "2026-04-17",
        "close": 10.2146,
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        "date": "2026-04-24",
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        "date": "2026-05-15",
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        "date": "2026-05-22",
        "close": 10.356,
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        "date": "2026-05-29",
        "close": 10.356,
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        "date": "2026-06-05",
        "close": 10.0271,
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        "date": "2026-06-12",
        "close": 10.0271,
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        "date": "2026-06-26",
        "close": 9.332,
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        "date": "2026-07-03",
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      "market_activity": -40.835587,
      "market_dynamics": -0.311488,
      "relative_strength": -51.095181
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        "horizon": "Near term",
        "sample_count": 2,
        "median_return": -0.076989,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
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        "sufficient": false
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        "sufficient": false
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    ],
    "regime_history": [
      {
        "direction": "negative",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.152547
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    ]
  }
}