{
  "ticker": {
    "uuid": "4712120e-5754-43a2-be2f-fcab0422adfb",
    "symbol": "TLTY",
    "name": "IncomeShares 20+ Year Treasury (TLT) Options ETP",
    "exchange": "LSE",
    "country": "GB",
    "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": 35.68,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 37.779892,
    "boundary_margin": -0.055582,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.125147,
    "volatility_stability": 1.5706,
    "risk_context": 0.7991,
    "current_regime": {
      "move": -0.011959,
      "interruption": 0.001355,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 75.247,
    "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 5.6% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-10",
        "close": 36.11187,
        "direction_boundary": 36.59914,
        "core_momentum": -0.013314,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.125967
      },
      {
        "date": "2026-07-17",
        "close": 36.057419,
        "direction_boundary": 36.353668,
        "core_momentum": -0.008149,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.125152
      },
      {
        "date": "2026-07-24",
        "close": 35.829708,
        "direction_boundary": 36.659351,
        "core_momentum": -0.022631,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.125033
      },
      {
        "date": "2026-07-31",
        "close": 35.631702,
        "direction_boundary": 37.860054,
        "core_momentum": -0.058858,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.125154
      },
      {
        "date": "2026-08-07",
        "close": 35.68,
        "direction_boundary": 37.779892,
        "core_momentum": -0.055582,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.125147
      }
    ],
    "price_history": [
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        "date": "2025-07-11",
        "close": 36.59914,
        "volume": 20
      },
      {
        "date": "2025-07-18",
        "close": 36.353668,
        "volume": 181
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      {
        "date": "2025-07-25",
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        "date": "2025-08-01",
        "close": 37.860054,
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      {
        "date": "2025-08-08",
        "close": 37.779892,
        "volume": 69
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      {
        "date": "2025-08-15",
        "close": 37.525295,
        "volume": 73
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      {
        "date": "2025-08-22",
        "close": 37.827045,
        "volume": 144
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      {
        "date": "2025-08-29",
        "close": 37.591309,
        "volume": 81
      },
      {
        "date": "2025-09-05",
        "close": 37.66674,
        "volume": 326
      },
      {
        "date": "2025-09-12",
        "close": 38.086365,
        "volume": 58
      },
      {
        "date": "2025-09-19",
        "close": 37.808189,
        "volume": 161
      },
      {
        "date": "2025-09-26",
        "close": 38.020351,
        "volume": 55
      },
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        "date": "2025-10-03",
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        "date": "2025-10-10",
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        "date": "2025-10-17",
        "close": 38.543697,
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        "date": "2025-10-31",
        "close": 38.260811,
        "volume": 1820
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        "date": "2025-11-07",
        "close": 37.70446,
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        "date": "2025-11-14",
        "close": 37.54887,
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        "date": "2025-11-21",
        "close": 37.454578,
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        "date": "2025-11-28",
        "close": 37.902481,
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        "date": "2025-12-05",
        "close": 37.265415,
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        "date": "2025-12-12",
        "close": 37.170303,
        "volume": 1276
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      {
        "date": "2025-12-19",
        "close": 37.255901,
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        "date": "2025-12-26",
        "close": 37.156033,
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        "date": "2026-01-02",
        "close": 37.175392,
        "volume": 569
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      {
        "date": "2026-01-09",
        "close": 37.247448,
        "volume": 597
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        "date": "2026-01-16",
        "close": 37.574097,
        "volume": 699
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        "date": "2026-01-23",
        "close": 37.285881,
        "volume": 647
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      {
        "date": "2026-01-30",
        "close": 37.242645,
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        "date": "2026-02-06",
        "close": 37.298351,
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        "close": 38.123211,
        "volume": 2236
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        "date": "2026-03-06",
        "close": 38.024807,
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      {
        "date": "2026-03-13",
        "close": 37.172077,
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      {
        "date": "2026-03-20",
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        "date": "2026-03-27",
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        "date": "2026-04-03",
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        "date": "2026-04-10",
        "close": 37.324963,
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        "date": "2026-04-17",
        "close": 37.388672,
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        "date": "2026-04-24",
        "close": 37.324963,
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        "date": "2026-05-08",
        "close": 36.867504,
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        "date": "2026-05-15",
        "close": 36.779999,
        "volume": 3848
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      {
        "date": "2026-05-22",
        "close": 36.264725,
        "volume": 1958
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      {
        "date": "2026-05-29",
        "close": 36.779293,
        "volume": 1973
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      {
        "date": "2026-06-05",
        "close": 36.649506,
        "volume": 1
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      {
        "date": "2026-06-12",
        "close": 36.812855,
        "volume": 1
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      {
        "date": "2026-06-19",
        "close": 37.144501,
        "volume": 6
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      {
        "date": "2026-06-26",
        "close": 37.337551,
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      {
        "date": "2026-07-03",
        "close": 34.99807,
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        "date": "2026-07-10",
        "close": 36.11187,
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      {
        "date": "2026-07-17",
        "close": 36.057419,
        "volume": 5623
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      {
        "date": "2026-07-24",
        "close": 35.829708,
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      {
        "date": "2026-07-31",
        "close": 35.631702,
        "volume": 1901
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        "date": "2026-08-07",
        "close": 35.68,
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      "trend": 36.944613,
      "fair_value": 37.253874,
      "market_activity": -91.254009,
      "market_dynamics": -0.951037,
      "relative_strength": -11.916336
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    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.011959,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.0,
        "sufficient": false
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        "directional_follow_through": null,
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        "sufficient": false
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        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
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        "horizon": "Full cycle",
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        "directional_follow_through": null,
        "regime_survival": null,
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        "sufficient": false
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    ],
    "regime_history": [
      {
        "direction": "negative",
        "start": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.011959
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    ]
  }
}