{
  "ticker": {
    "uuid": "4d29dbd5-d031-4607-aa02-ce75d88ee68e",
    "symbol": "RRRR",
    "name": "Relay Race 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": 10.125,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 8.5975,
    "boundary_margin": 0.177668,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.129726,
    "volatility_stability": 0.446,
    "risk_context": 0.7709,
    "current_regime": {
      "move": 0.001979,
      "interruption": -0.041316,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 91.923,
    "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 17.8% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-10",
        "close": 10.105,
        "direction_boundary": 8.5575,
        "core_momentum": 0.180836,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.118749
      },
      {
        "date": "2026-07-17",
        "close": 9.89,
        "direction_boundary": 8.595,
        "core_momentum": 0.150669,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.123493
      },
      {
        "date": "2026-07-24",
        "close": 9.89625,
        "direction_boundary": 8.5775,
        "core_momentum": 0.153745,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.121537
      },
      {
        "date": "2026-07-31",
        "close": 9.6875,
        "direction_boundary": 8.48625,
        "core_momentum": 0.141553,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.118165
      },
      {
        "date": "2026-08-07",
        "close": 10.125,
        "direction_boundary": 8.5975,
        "core_momentum": 0.177668,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.129726
      }
    ],
    "price_history": [
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        "date": "2025-07-11",
        "close": 8.5575,
        "volume": 894304
      },
      {
        "date": "2025-07-18",
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        "volume": 570172
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      {
        "date": "2025-07-25",
        "close": 8.5775,
        "volume": 105930
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        "date": "2025-08-01",
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        "date": "2025-08-08",
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        "volume": 230558
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      {
        "date": "2025-08-15",
        "close": 8.6775,
        "volume": 13924
      },
      {
        "date": "2025-08-22",
        "close": 8.76375,
        "volume": 2598
      },
      {
        "date": "2025-08-29",
        "close": 8.78375,
        "volume": 15763
      },
      {
        "date": "2025-09-05",
        "close": 8.74375,
        "volume": 6585
      },
      {
        "date": "2025-09-12",
        "close": 8.81875,
        "volume": 15220
      },
      {
        "date": "2025-09-19",
        "close": 8.955,
        "volume": 17466
      },
      {
        "date": "2025-09-26",
        "close": 8.9125,
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        "date": "2025-10-03",
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        "date": "2025-10-10",
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        "date": "2025-10-17",
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        "date": "2025-10-31",
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        "date": "2025-11-07",
        "close": 8.92,
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        "date": "2025-11-14",
        "close": 8.98,
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        "date": "2025-11-21",
        "close": 8.7675,
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        "date": "2025-11-28",
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        "date": "2025-12-05",
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        "volume": 3854
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        "date": "2025-12-12",
        "close": 9.09,
        "volume": 1542
      },
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        "date": "2025-12-19",
        "close": 9.02,
        "volume": 9026
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        "date": "2025-12-26",
        "close": 9.0875,
        "volume": 172736
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        "date": "2026-01-02",
        "close": 8.98,
        "volume": 2872
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        "date": "2026-01-09",
        "close": 9.34375,
        "volume": 44795
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        "date": "2026-01-16",
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        "volume": 13428
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        "date": "2026-01-23",
        "close": 9.25875,
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        "date": "2026-01-30",
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        "date": "2026-02-20",
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        "date": "2026-02-27",
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        "date": "2026-03-06",
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        "date": "2026-03-13",
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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": 8.8975,
        "volume": 22788
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        "date": "2026-04-17",
        "close": 9.31,
        "volume": 19814
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      {
        "date": "2026-04-24",
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        "date": "2026-05-01",
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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        "volume": 6594
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        "date": "2026-05-22",
        "close": 9.885,
        "volume": 1335
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      {
        "date": "2026-05-29",
        "close": 9.9575,
        "volume": 14188
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      {
        "date": "2026-06-05",
        "close": 9.895,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 9.95,
        "volume": 0
      },
      {
        "date": "2026-06-19",
        "close": 10.0875,
        "volume": 0
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      {
        "date": "2026-06-26",
        "close": 10.025,
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      {
        "date": "2026-07-03",
        "close": 10.09,
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      {
        "date": "2026-07-10",
        "close": 10.105,
        "volume": 9504
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        "date": "2026-07-17",
        "close": 9.89,
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      {
        "date": "2026-07-24",
        "close": 9.89625,
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      {
        "date": "2026-07-31",
        "close": 9.6875,
        "volume": 8328
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        "date": "2026-08-07",
        "close": 10.125,
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    ],
    "sharemaestro_context": {
      "trend": 9.41925,
      "fair_value": 9.204624,
      "market_activity": 31.796778,
      "market_dynamics": 0.14055,
      "relative_strength": 0.738461
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": 0.001979,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.0,
        "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": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.001979
      }
    ]
  }
}