{
  "ticker": {
    "uuid": "46b1a017-f9da-4a30-af83-30b68a86ec4c",
    "symbol": "MNRS",
    "name": "GRAYSCALE BITCOIN MINERS 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": 34.1283,
    "direction": "positive",
    "state": "Positive, shorter trend weakening",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 26.075863,
    "boundary_margin": 0.308808,
    "trend_agreement": "Divided",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.655695,
    "volatility_stability": 0.9415,
    "risk_context": 0.1525,
    "current_regime": {
      "move": -0.009338,
      "interruption": -0.341465,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 64.129,
    "interpretation": {
      "label": "Positive, shorter trend weakening",
      "headline": "Positive, shorter trend weakening",
      "body": "The Core Trend remains in force, but the Fast Trend now points the other way. That is an early loss of persistence, not yet a regime change.",
      "age_context": "The current Core Trend is established.",
      "boundary_context": "The latest close is 30.9% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-01-30",
        "close": 34.45,
        "direction_boundary": 26.272496,
        "core_momentum": 0.311257,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.714384
      },
      {
        "date": "2026-02-06",
        "close": 31.34,
        "direction_boundary": 26.108386,
        "core_momentum": 0.200381,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.727458
      },
      {
        "date": "2026-02-13",
        "close": 31.2226,
        "direction_boundary": 26.728324,
        "core_momentum": 0.168147,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.724099
      },
      {
        "date": "2026-02-20",
        "close": 29.12,
        "direction_boundary": 24.029661,
        "core_momentum": 0.211836,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.729039
      },
      {
        "date": "2026-02-27",
        "close": 29.58,
        "direction_boundary": 21.449954,
        "core_momentum": 0.379024,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.727035
      },
      {
        "date": "2026-03-06",
        "close": 27.22,
        "direction_boundary": 20.383737,
        "core_momentum": 0.335378,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.733798
      },
      {
        "date": "2026-03-13",
        "close": 28.67,
        "direction_boundary": 18.977763,
        "core_momentum": 0.510715,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.682395
      },
      {
        "date": "2026-03-20",
        "close": 27.67,
        "direction_boundary": 18.442467,
        "core_momentum": 0.500342,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.666168
      },
      {
        "date": "2026-03-27",
        "close": 25.65,
        "direction_boundary": 16.987857,
        "core_momentum": 0.509902,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.67161
      },
      {
        "date": "2026-04-03",
        "close": 26.1736,
        "direction_boundary": 15.638774,
        "core_momentum": 0.673635,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.626275
      },
      {
        "date": "2026-04-10",
        "close": 29.7934,
        "direction_boundary": 16.133192,
        "core_momentum": 0.846715,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.645678
      },
      {
        "date": "2026-04-17",
        "close": 35.3137,
        "direction_boundary": 15.72441,
        "core_momentum": 1.245789,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.69476
      },
      {
        "date": "2026-04-24",
        "close": 36.2669,
        "direction_boundary": 18.521836,
        "core_momentum": 0.958062,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.695202
      },
      {
        "date": "2026-05-01",
        "close": 35.41,
        "direction_boundary": 18.810371,
        "core_momentum": 0.882472,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.693928
      },
      {
        "date": "2026-05-08",
        "close": 42.796,
        "direction_boundary": 19.772055,
        "core_momentum": 1.164469,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.739412
      },
      {
        "date": "2026-05-15",
        "close": 42.3066,
        "direction_boundary": 21.977095,
        "core_momentum": 0.925031,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.635618
      },
      {
        "date": "2026-05-22",
        "close": 45.4872,
        "direction_boundary": 21.190461,
        "core_momentum": 1.146589,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.621877
      },
      {
        "date": "2026-05-29",
        "close": 49.6426,
        "direction_boundary": 20.109226,
        "core_momentum": 1.468648,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.566488
      },
      {
        "date": "2026-06-05",
        "close": 43.267,
        "direction_boundary": 23.229999,
        "core_momentum": 0.862549,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.59536
      },
      {
        "date": "2026-06-12",
        "close": 45.33,
        "direction_boundary": 22.198693,
        "core_momentum": 1.042012,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.59379
      },
      {
        "date": "2026-06-19",
        "close": 48.6056,
        "direction_boundary": 21.681796,
        "core_momentum": 1.24177,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.592172
      },
      {
        "date": "2026-06-26",
        "close": 44.06,
        "direction_boundary": 23.957055,
        "core_momentum": 0.839124,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.60901
      },
      {
        "date": "2026-07-03",
        "close": 36.879,
        "direction_boundary": 27.958352,
        "core_momentum": 0.319069,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.66227
      },
      {
        "date": "2026-07-10",
        "close": 37.6999,
        "direction_boundary": 27.093642,
        "core_momentum": 0.391467,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.652317
      },
      {
        "date": "2026-07-17",
        "close": 32.6914,
        "direction_boundary": 28.873886,
        "core_momentum": 0.132213,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.66771
      },
      {
        "date": "2026-07-24",
        "close": 35.7431,
        "direction_boundary": 28.143846,
        "core_momentum": 0.270015,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.679268
      },
      {
        "date": "2026-07-31",
        "close": 34.608,
        "direction_boundary": 24.846232,
        "core_momentum": 0.392887,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.669334
      },
      {
        "date": "2026-08-07",
        "close": 34.1283,
        "direction_boundary": 26.075863,
        "core_momentum": 0.308808,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.655695
      }
    ],
    "price_history": [
      {
        "date": "2025-01-31",
        "close": 26.272496,
        "volume": 154304
      },
      {
        "date": "2025-02-07",
        "close": 26.108386,
        "volume": 139919
      },
      {
        "date": "2025-02-14",
        "close": 26.728324,
        "volume": 35336
      },
      {
        "date": "2025-02-21",
        "close": 24.029661,
        "volume": 31571
      },
      {
        "date": "2025-02-28",
        "close": 21.449954,
        "volume": 26250
      },
      {
        "date": "2025-03-07",
        "close": 20.383737,
        "volume": 24356
      },
      {
        "date": "2025-03-14",
        "close": 18.977763,
        "volume": 29990
      },
      {
        "date": "2025-03-21",
        "close": 18.442467,
        "volume": 12184
      },
      {
        "date": "2025-03-28",
        "close": 16.987857,
        "volume": 23792
      },
      {
        "date": "2025-04-04",
        "close": 15.638774,
        "volume": 30581
      },
      {
        "date": "2025-04-11",
        "close": 16.133192,
        "volume": 53519
      },
      {
        "date": "2025-04-18",
        "close": 15.72441,
        "volume": 7943
      },
      {
        "date": "2025-04-25",
        "close": 18.521836,
        "volume": 102838
      },
      {
        "date": "2025-05-02",
        "close": 18.810371,
        "volume": 76695
      },
      {
        "date": "2025-05-09",
        "close": 19.772055,
        "volume": 9337
      },
      {
        "date": "2025-05-16",
        "close": 21.977095,
        "volume": 24412
      },
      {
        "date": "2025-05-23",
        "close": 21.190461,
        "volume": 25525
      },
      {
        "date": "2025-05-30",
        "close": 20.109226,
        "volume": 21306
      },
      {
        "date": "2025-06-06",
        "close": 23.229999,
        "volume": 17342
      },
      {
        "date": "2025-06-13",
        "close": 22.198693,
        "volume": 16730
      },
      {
        "date": "2025-06-20",
        "close": 21.681796,
        "volume": 12679
      },
      {
        "date": "2025-06-27",
        "close": 23.957055,
        "volume": 36168
      },
      {
        "date": "2025-07-04",
        "close": 27.958352,
        "volume": 55110
      },
      {
        "date": "2025-07-11",
        "close": 27.093642,
        "volume": 39119
      },
      {
        "date": "2025-07-18",
        "close": 28.873886,
        "volume": 89840
      },
      {
        "date": "2025-07-25",
        "close": 28.143846,
        "volume": 38180
      },
      {
        "date": "2025-08-01",
        "close": 24.846232,
        "volume": 91725
      },
      {
        "date": "2025-08-08",
        "close": 26.075863,
        "volume": 14254
      },
      {
        "date": "2025-08-15",
        "close": 27.584281,
        "volume": 62456
      },
      {
        "date": "2025-08-22",
        "close": 28.798793,
        "volume": 67815
      },
      {
        "date": "2025-08-29",
        "close": 30.011615,
        "volume": 11075
      },
      {
        "date": "2025-09-05",
        "close": 28.7422,
        "volume": 10983
      },
      {
        "date": "2025-09-12",
        "close": 34.903083,
        "volume": 26553
      },
      {
        "date": "2025-09-19",
        "close": 38.477993,
        "volume": 35397
      },
      {
        "date": "2025-09-26",
        "close": 37.385916,
        "volume": 42203
      },
      {
        "date": "2025-10-03",
        "close": 43.802413,
        "volume": 74733
      },
      {
        "date": "2025-10-10",
        "close": 47.428146,
        "volume": 131278
      },
      {
        "date": "2025-10-17",
        "close": 48.457861,
        "volume": 140324
      },
      {
        "date": "2025-10-24",
        "close": 49.557994,
        "volume": 64701
      },
      {
        "date": "2025-10-31",
        "close": 47.434015,
        "volume": 60201
      },
      {
        "date": "2025-11-07",
        "close": 43.742736,
        "volume": 66434
      },
      {
        "date": "2025-11-14",
        "close": 33.60751,
        "volume": 116972
      },
      {
        "date": "2025-11-21",
        "close": 30.449639,
        "volume": 109509
      },
      {
        "date": "2025-11-28",
        "close": 37.532919,
        "volume": 78740
      },
      {
        "date": "2025-12-05",
        "close": 35.358215,
        "volume": 40993
      },
      {
        "date": "2025-12-12",
        "close": 34.015498,
        "volume": 34157
      },
      {
        "date": "2025-12-19",
        "close": 32.324669,
        "volume": 44890
      },
      {
        "date": "2025-12-26",
        "close": 31.170927,
        "volume": 33295
      },
      {
        "date": "2026-01-02",
        "close": 32.52,
        "volume": 27634
      },
      {
        "date": "2026-01-09",
        "close": 35.46,
        "volume": 39406
      },
      {
        "date": "2026-01-16",
        "close": 39.01,
        "volume": 43050
      },
      {
        "date": "2026-01-23",
        "close": 37.64,
        "volume": 58371
      },
      {
        "date": "2026-01-30",
        "close": 34.45,
        "volume": 38096
      },
      {
        "date": "2026-02-06",
        "close": 31.34,
        "volume": 95043
      },
      {
        "date": "2026-02-13",
        "close": 31.2226,
        "volume": 27387
      },
      {
        "date": "2026-02-20",
        "close": 29.12,
        "volume": 9977
      },
      {
        "date": "2026-02-27",
        "close": 29.58,
        "volume": 45130
      },
      {
        "date": "2026-03-06",
        "close": 27.22,
        "volume": 26673
      },
      {
        "date": "2026-03-13",
        "close": 28.67,
        "volume": 27433
      },
      {
        "date": "2026-03-20",
        "close": 27.67,
        "volume": 21733
      },
      {
        "date": "2026-03-27",
        "close": 25.65,
        "volume": 33697
      },
      {
        "date": "2026-04-03",
        "close": 26.1736,
        "volume": 27964
      },
      {
        "date": "2026-04-10",
        "close": 29.7934,
        "volume": 22158
      },
      {
        "date": "2026-04-17",
        "close": 35.3137,
        "volume": 24212
      },
      {
        "date": "2026-04-24",
        "close": 36.2669,
        "volume": 23292
      },
      {
        "date": "2026-05-01",
        "close": 35.41,
        "volume": 21197
      },
      {
        "date": "2026-05-08",
        "close": 42.796,
        "volume": 41945
      },
      {
        "date": "2026-05-15",
        "close": 42.3066,
        "volume": 47531
      },
      {
        "date": "2026-05-22",
        "close": 45.4872,
        "volume": 91926
      },
      {
        "date": "2026-05-29",
        "close": 49.6426,
        "volume": 103840
      },
      {
        "date": "2026-06-05",
        "close": 43.267,
        "volume": 180042
      },
      {
        "date": "2026-06-12",
        "close": 45.33,
        "volume": 40076
      },
      {
        "date": "2026-06-19",
        "close": 48.6056,
        "volume": 27438
      },
      {
        "date": "2026-06-26",
        "close": 44.06,
        "volume": 39594
      },
      {
        "date": "2026-07-03",
        "close": 36.879,
        "volume": 57256
      },
      {
        "date": "2026-07-10",
        "close": 37.6999,
        "volume": 18564
      },
      {
        "date": "2026-07-17",
        "close": 32.6914,
        "volume": 31729
      },
      {
        "date": "2026-07-24",
        "close": 35.7431,
        "volume": 27390
      },
      {
        "date": "2026-07-31",
        "close": 34.608,
        "volume": 59690
      },
      {
        "date": "2026-08-07",
        "close": 34.1283,
        "volume": 29530
      }
    ],
    "sharemaestro_context": {
      "trend": 35.92583,
      "fair_value": 31.348234,
      "market_activity": -9.870903,
      "market_dynamics": -0.713115,
      "relative_strength": -15.932538
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 3,
        "median_return": 0.254235,
        "directional_follow_through": 0.6667,
        "regime_survival": 1.0,
        "conditional_difference": 0.298353,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.678249,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.31271,
        "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": "2026-01-30",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.009338
      }
    ]
  }
}