{
  "ticker": {
    "uuid": "4afc6518-c5f0-4435-82e1-1fb313f1e5c8",
    "symbol": "00964",
    "name": "CTBC INVESTMENTS CO LTD ASIA PA",
    "exchange": "TAI",
    "country": "TW",
    "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": 14.05,
    "direction": "positive",
    "state": "Positive, shorter trend weakening",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 9.761471,
    "boundary_margin": 0.439332,
    "trend_agreement": "Broadly aligned",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.177385,
    "volatility_stability": 1.0947,
    "risk_context": 0.5637,
    "current_regime": {
      "move": 0.307172,
      "interruption": -0.062372,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 90.0,
    "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 43.9% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2025-11-21",
        "close": 10.748393,
        "direction_boundary": 9.132219,
        "core_momentum": 0.176975,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.126279
      },
      {
        "date": "2025-11-28",
        "close": 10.892215,
        "direction_boundary": 9.2692,
        "core_momentum": 0.175098,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.126484
      },
      {
        "date": "2025-12-05",
        "close": 11.08398,
        "direction_boundary": 9.187014,
        "core_momentum": 0.206483,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.127052
      },
      {
        "date": "2025-12-12",
        "close": 10.911392,
        "direction_boundary": 9.223541,
        "core_momentum": 0.182994,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.130432
      },
      {
        "date": "2025-12-19",
        "close": 10.86828,
        "direction_boundary": 9.205276,
        "core_momentum": 0.180658,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.129722
      },
      {
        "date": "2025-12-26",
        "close": 11.109797,
        "direction_boundary": 9.05916,
        "core_momentum": 0.226361,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.131034
      },
      {
        "date": "2026-01-02",
        "close": 11.389957,
        "direction_boundary": 9.241803,
        "core_momentum": 0.232439,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.132791
      },
      {
        "date": "2026-01-09",
        "close": 11.612154,
        "direction_boundary": 9.241803,
        "core_momentum": 0.256481,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.125571
      },
      {
        "date": "2026-01-16",
        "close": 12.046886,
        "direction_boundary": 9.022632,
        "core_momentum": 0.335185,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.132097
      },
      {
        "date": "2026-01-23",
        "close": 12.151963,
        "direction_boundary": 9.068291,
        "core_momentum": 0.34005,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.129676
      },
      {
        "date": "2026-01-30",
        "close": 12.687078,
        "direction_boundary": 9.150482,
        "core_momentum": 0.386493,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.129186
      },
      {
        "date": "2026-02-06",
        "close": 12.492491,
        "direction_boundary": 9.223541,
        "core_momentum": 0.354414,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.131597
      },
      {
        "date": "2026-02-13",
        "close": 12.920582,
        "direction_boundary": 9.26007,
        "core_momentum": 0.395301,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.136174
      },
      {
        "date": "2026-02-27",
        "close": 13.571158,
        "direction_boundary": 9.314864,
        "core_momentum": 0.456936,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.146544
      },
      {
        "date": "2026-03-06",
        "close": 13.424284,
        "direction_boundary": 9.333127,
        "core_momentum": 0.438348,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.148666
      },
      {
        "date": "2026-03-13",
        "close": 13.512409,
        "direction_boundary": 9.278335,
        "core_momentum": 0.45634,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.146932
      },
      {
        "date": "2026-03-20",
        "close": 13.830349,
        "direction_boundary": 9.314864,
        "core_momentum": 0.484761,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.147348
      },
      {
        "date": "2026-03-27",
        "close": 13.39661,
        "direction_boundary": 9.461264,
        "core_momentum": 0.415943,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.158715
      },
      {
        "date": "2026-04-03",
        "close": 13.041733,
        "direction_boundary": 9.35125,
        "core_momentum": 0.394651,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.162094
      },
      {
        "date": "2026-04-10",
        "close": 13.514903,
        "direction_boundary": 9.314578,
        "core_momentum": 0.450941,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.165916
      },
      {
        "date": "2026-04-17",
        "close": 13.613715,
        "direction_boundary": 8.480302,
        "core_momentum": 0.605334,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.165757
      },
      {
        "date": "2026-04-24",
        "close": 13.613716,
        "direction_boundary": 8.737038,
        "core_momentum": 0.558161,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.166444
      },
      {
        "date": "2026-05-01",
        "close": 13.663005,
        "direction_boundary": 8.912745,
        "core_momentum": 0.532974,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.166693
      },
      {
        "date": "2026-05-08",
        "close": 14.146041,
        "direction_boundary": 8.857269,
        "core_momentum": 0.597111,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.16878
      },
      {
        "date": "2026-05-15",
        "close": 14.165756,
        "direction_boundary": 8.718589,
        "core_momentum": 0.624776,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.169243
      },
      {
        "date": "2026-05-22",
        "close": 14.118016,
        "direction_boundary": 9.051428,
        "core_momentum": 0.559756,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.16726
      },
      {
        "date": "2026-05-29",
        "close": 14.276869,
        "direction_boundary": 9.125695,
        "core_momentum": 0.564469,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.150406
      },
      {
        "date": "2026-06-05",
        "close": 14.445649,
        "direction_boundary": 9.144263,
        "core_momentum": 0.57975,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.150372
      },
      {
        "date": "2026-06-12",
        "close": 14.30397,
        "direction_boundary": 9.153545,
        "core_momentum": 0.56267,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.152728
      },
      {
        "date": "2026-06-19",
        "close": 14.407297,
        "direction_boundary": 9.292801,
        "core_momentum": 0.550372,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.148319
      },
      {
        "date": "2026-06-26",
        "close": 13.544644,
        "direction_boundary": 9.220887,
        "core_momentum": 0.468909,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.178341
      },
      {
        "date": "2026-07-03",
        "close": 14.070168,
        "direction_boundary": 9.211567,
        "core_momentum": 0.527446,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.182134
      },
      {
        "date": "2026-07-10",
        "close": 14.030506,
        "direction_boundary": 9.360741,
        "core_momentum": 0.498867,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.181374
      },
      {
        "date": "2026-07-17",
        "close": 13.71,
        "direction_boundary": 9.743002,
        "core_momentum": 0.407164,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.185582
      },
      {
        "date": "2026-07-24",
        "close": 14.04,
        "direction_boundary": 9.770838,
        "core_momentum": 0.436929,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.182178
      },
      {
        "date": "2026-07-31",
        "close": 13.81,
        "direction_boundary": 10.023773,
        "core_momentum": 0.377725,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.184739
      },
      {
        "date": "2026-08-07",
        "close": 14.05,
        "direction_boundary": 9.761471,
        "core_momentum": 0.439332,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.177385
      }
    ],
    "price_history": [
      {
        "date": "2024-11-15",
        "close": 9.132219,
        "volume": 15109000
      },
      {
        "date": "2024-11-22",
        "close": 9.2692,
        "volume": 16149111
      },
      {
        "date": "2024-11-29",
        "close": 9.187014,
        "volume": 8378003
      },
      {
        "date": "2024-12-06",
        "close": 9.223541,
        "volume": 12657013
      },
      {
        "date": "2024-12-13",
        "close": 9.205276,
        "volume": 9963000
      },
      {
        "date": "2024-12-20",
        "close": 9.05916,
        "volume": 8096000
      },
      {
        "date": "2024-12-27",
        "close": 9.241803,
        "volume": 6865000
      },
      {
        "date": "2025-01-03",
        "close": 9.241803,
        "volume": 6665000
      },
      {
        "date": "2025-01-10",
        "close": 9.022632,
        "volume": 3812128
      },
      {
        "date": "2025-01-17",
        "close": 9.068291,
        "volume": 3401344
      },
      {
        "date": "2025-01-24",
        "close": 9.150482,
        "volume": 3367000
      },
      {
        "date": "2025-02-07",
        "close": 9.223541,
        "volume": 6622000
      },
      {
        "date": "2025-02-14",
        "close": 9.26007,
        "volume": 4123081
      },
      {
        "date": "2025-02-21",
        "close": 9.314864,
        "volume": 5880025
      },
      {
        "date": "2025-02-28",
        "close": 9.333127,
        "volume": 4715010
      },
      {
        "date": "2025-03-07",
        "close": 9.278335,
        "volume": 5134010
      },
      {
        "date": "2025-03-14",
        "close": 9.314864,
        "volume": 5755000
      },
      {
        "date": "2025-03-21",
        "close": 9.461264,
        "volume": 6627000
      },
      {
        "date": "2025-03-28",
        "close": 9.35125,
        "volume": 6123000
      },
      {
        "date": "2025-04-04",
        "close": 9.314578,
        "volume": 4532000
      },
      {
        "date": "2025-04-11",
        "close": 8.480302,
        "volume": 8910450
      },
      {
        "date": "2025-04-18",
        "close": 8.737038,
        "volume": 4976169
      },
      {
        "date": "2025-04-25",
        "close": 8.912745,
        "volume": 6785000
      },
      {
        "date": "2025-05-02",
        "close": 8.857269,
        "volume": 4352053
      },
      {
        "date": "2025-05-09",
        "close": 8.718589,
        "volume": 4629121
      },
      {
        "date": "2025-05-16",
        "close": 9.051428,
        "volume": 7076110
      },
      {
        "date": "2025-05-23",
        "close": 9.125695,
        "volume": 9137009
      },
      {
        "date": "2025-05-30",
        "close": 9.144263,
        "volume": 4228000
      },
      {
        "date": "2025-06-06",
        "close": 9.153545,
        "volume": 6697046
      },
      {
        "date": "2025-06-13",
        "close": 9.292801,
        "volume": 8306004
      },
      {
        "date": "2025-06-20",
        "close": 9.220887,
        "volume": 4875139
      },
      {
        "date": "2025-06-27",
        "close": 9.211567,
        "volume": 7714118
      },
      {
        "date": "2025-07-04",
        "close": 9.360741,
        "volume": 3071556
      },
      {
        "date": "2025-07-11",
        "close": 9.743002,
        "volume": 2035006
      },
      {
        "date": "2025-07-18",
        "close": 9.770838,
        "volume": 1368100
      },
      {
        "date": "2025-07-25",
        "close": 10.023773,
        "volume": 4685000
      },
      {
        "date": "2025-08-01",
        "close": 9.761471,
        "volume": 5287217
      },
      {
        "date": "2025-08-08",
        "close": 10.023773,
        "volume": 3512628
      },
      {
        "date": "2025-08-15",
        "close": 10.117455,
        "volume": 3231124
      },
      {
        "date": "2025-08-22",
        "close": 10.155101,
        "volume": 5129000
      },
      {
        "date": "2025-08-29",
        "close": 10.136278,
        "volume": 7357000
      },
      {
        "date": "2025-09-05",
        "close": 10.079808,
        "volume": 6480000
      },
      {
        "date": "2025-09-12",
        "close": 10.286862,
        "volume": 3932088
      },
      {
        "date": "2025-09-19",
        "close": 10.308255,
        "volume": 4359300
      },
      {
        "date": "2025-09-26",
        "close": 10.118939,
        "volume": 4535134
      },
      {
        "date": "2025-10-03",
        "close": 10.1852,
        "volume": 2875042
      },
      {
        "date": "2025-10-10",
        "close": 10.232529,
        "volume": 2076130
      },
      {
        "date": "2025-10-17",
        "close": 10.355584,
        "volume": 5989000
      },
      {
        "date": "2025-10-24",
        "close": 10.484137,
        "volume": 4590089
      },
      {
        "date": "2025-10-31",
        "close": 10.760284,
        "volume": 5698000
      },
      {
        "date": "2025-11-07",
        "close": 10.855508,
        "volume": 5271184
      },
      {
        "date": "2025-11-14",
        "close": 11.207836,
        "volume": 9546000
      },
      {
        "date": "2025-11-21",
        "close": 10.748393,
        "volume": 7440743
      },
      {
        "date": "2025-11-28",
        "close": 10.892215,
        "volume": 5467001
      },
      {
        "date": "2025-12-05",
        "close": 11.08398,
        "volume": 5786295
      },
      {
        "date": "2025-12-12",
        "close": 10.911392,
        "volume": 11548733
      },
      {
        "date": "2025-12-19",
        "close": 10.86828,
        "volume": 6337321
      },
      {
        "date": "2025-12-26",
        "close": 11.109797,
        "volume": 4205650
      },
      {
        "date": "2026-01-02",
        "close": 11.389957,
        "volume": 6787907
      },
      {
        "date": "2026-01-09",
        "close": 11.612154,
        "volume": 9265516
      },
      {
        "date": "2026-01-16",
        "close": 12.046886,
        "volume": 8782679
      },
      {
        "date": "2026-01-23",
        "close": 12.151963,
        "volume": 10024165
      },
      {
        "date": "2026-01-30",
        "close": 12.687078,
        "volume": 10203608
      },
      {
        "date": "2026-02-06",
        "close": 12.492491,
        "volume": 14038844
      },
      {
        "date": "2026-02-13",
        "close": 12.920582,
        "volume": 7997981
      },
      {
        "date": "2026-02-27",
        "close": 13.571158,
        "volume": 8432414
      },
      {
        "date": "2026-03-06",
        "close": 13.424284,
        "volume": 22664364
      },
      {
        "date": "2026-03-13",
        "close": 13.512409,
        "volume": 13721301
      },
      {
        "date": "2026-03-20",
        "close": 13.830349,
        "volume": 11948626
      },
      {
        "date": "2026-03-27",
        "close": 13.39661,
        "volume": 12513149
      },
      {
        "date": "2026-04-03",
        "close": 13.041733,
        "volume": 11792657
      },
      {
        "date": "2026-04-10",
        "close": 13.514903,
        "volume": 8682180
      },
      {
        "date": "2026-04-17",
        "close": 13.613715,
        "volume": 13317418
      },
      {
        "date": "2026-04-24",
        "close": 13.613716,
        "volume": 11546576
      },
      {
        "date": "2026-05-01",
        "close": 13.663005,
        "volume": 10889620
      },
      {
        "date": "2026-05-08",
        "close": 14.146041,
        "volume": 15563604
      },
      {
        "date": "2026-05-15",
        "close": 14.165756,
        "volume": 11603285
      },
      {
        "date": "2026-05-22",
        "close": 14.118016,
        "volume": 15153940
      },
      {
        "date": "2026-05-29",
        "close": 14.276869,
        "volume": 22339121
      },
      {
        "date": "2026-06-05",
        "close": 14.445649,
        "volume": 5641000
      },
      {
        "date": "2026-06-12",
        "close": 14.30397,
        "volume": 2382000
      },
      {
        "date": "2026-06-19",
        "close": 14.407297,
        "volume": 8019375
      },
      {
        "date": "2026-06-26",
        "close": 13.544644,
        "volume": 4457000
      },
      {
        "date": "2026-07-03",
        "close": 14.070168,
        "volume": 2119136
      },
      {
        "date": "2026-07-10",
        "close": 14.030506,
        "volume": 10115445
      },
      {
        "date": "2026-07-17",
        "close": 13.71,
        "volume": 10631260
      },
      {
        "date": "2026-07-24",
        "close": 14.04,
        "volume": 8594833
      },
      {
        "date": "2026-07-31",
        "close": 13.81,
        "volume": 9689090
      },
      {
        "date": "2026-08-07",
        "close": 14.05,
        "volume": 11521574
      }
    ],
    "sharemaestro_context": {
      "trend": 13.540398,
      "fair_value": 11.008346,
      "market_activity": 6.055932,
      "market_dynamics": -0.43921,
      "relative_strength": -14.881556
    },
    "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": "2025-11-21",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.307172
      }
    ]
  }
}