{
  "ticker": {
    "uuid": "51f211ee-71a7-4d5b-abdd-e341c7d8a109",
    "symbol": "SP20",
    "name": "iShares S&P 500 Top 20 UCITS ETF USD Acc",
    "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": 6.825,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 5.625,
    "boundary_margin": 0.213333,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.199094,
    "volatility_stability": 1.0861,
    "risk_context": 0.5023,
    "current_regime": {
      "move": 0.145134,
      "interruption": -0.122917,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 100.0,
    "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 is established.",
      "boundary_context": "The latest close is 21.3% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2025-11-21",
        "close": 5.96,
        "direction_boundary": 4.929,
        "core_momentum": 0.20917,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.134823
      },
      {
        "date": "2025-11-28",
        "close": 6.215,
        "direction_boundary": 4.989,
        "core_momentum": 0.245741,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.141318
      },
      {
        "date": "2025-12-05",
        "close": 6.223,
        "direction_boundary": 5.153,
        "core_momentum": 0.207646,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.141191
      },
      {
        "date": "2025-12-12",
        "close": 6.113,
        "direction_boundary": 5.194,
        "core_momentum": 0.176935,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.145545
      },
      {
        "date": "2025-12-19",
        "close": 6.133,
        "direction_boundary": 5.189,
        "core_momentum": 0.181923,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.144214
      },
      {
        "date": "2025-12-26",
        "close": 6.24,
        "direction_boundary": 5.209,
        "core_momentum": 0.197927,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.135922
      },
      {
        "date": "2026-01-02",
        "close": 6.14,
        "direction_boundary": 5.153,
        "core_momentum": 0.191539,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.139436
      },
      {
        "date": "2026-01-09",
        "close": 6.182,
        "direction_boundary": 5.045,
        "core_momentum": 0.225372,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.139425
      },
      {
        "date": "2026-01-16",
        "close": 6.118,
        "direction_boundary": 5.163,
        "core_momentum": 0.18497,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.140842
      },
      {
        "date": "2026-01-23",
        "close": 6.091,
        "direction_boundary": 5.267,
        "core_momentum": 0.156446,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.139916
      },
      {
        "date": "2026-01-30",
        "close": 6.127,
        "direction_boundary": 5.237,
        "core_momentum": 0.169945,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.136994
      },
      {
        "date": "2026-02-06",
        "close": 5.993,
        "direction_boundary": 5.155,
        "core_momentum": 0.162561,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.13531
      },
      {
        "date": "2026-02-13",
        "close": 5.87,
        "direction_boundary": 5.253,
        "core_momentum": 0.117457,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.138264
      },
      {
        "date": "2026-02-20",
        "close": 5.933,
        "direction_boundary": 5.192,
        "core_momentum": 0.14272,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.138031
      },
      {
        "date": "2026-02-27",
        "close": 5.892,
        "direction_boundary": 4.9135,
        "core_momentum": 0.199145,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.138487
      },
      {
        "date": "2026-03-06",
        "close": 5.872,
        "direction_boundary": 4.717,
        "core_momentum": 0.244859,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.137988
      },
      {
        "date": "2026-03-13",
        "close": 5.799,
        "direction_boundary": 4.657,
        "core_momentum": 0.245222,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.13598
      },
      {
        "date": "2026-03-20",
        "close": 5.676,
        "direction_boundary": 4.662,
        "core_momentum": 0.217503,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.137387
      },
      {
        "date": "2026-03-27",
        "close": 5.473,
        "direction_boundary": 4.5905,
        "core_momentum": 0.192245,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.145506
      },
      {
        "date": "2026-04-03",
        "close": 5.656,
        "direction_boundary": 4.2285,
        "core_momentum": 0.33759,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.150676
      },
      {
        "date": "2026-04-10",
        "close": 5.957,
        "direction_boundary": 4.401,
        "core_momentum": 0.353556,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.167603
      },
      {
        "date": "2026-04-17",
        "close": 6.303,
        "direction_boundary": 4.33,
        "core_momentum": 0.455658,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.184355
      },
      {
        "date": "2026-04-24",
        "close": 6.327,
        "direction_boundary": 4.5635,
        "core_momentum": 0.386436,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.18061
      },
      {
        "date": "2026-05-01",
        "close": 6.335,
        "direction_boundary": 4.734,
        "core_momentum": 0.338192,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.175857
      },
      {
        "date": "2026-05-08",
        "close": 6.648,
        "direction_boundary": 4.7,
        "core_momentum": 0.414468,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.178091
      },
      {
        "date": "2026-05-15",
        "close": 6.769,
        "direction_boundary": 4.9775,
        "core_momentum": 0.35992,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.178022
      },
      {
        "date": "2026-05-22",
        "close": 6.73,
        "direction_boundary": 4.884,
        "core_momentum": 0.377969,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.173092
      },
      {
        "date": "2026-05-29",
        "close": 6.814,
        "direction_boundary": 5.002,
        "core_momentum": 0.362255,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.165053
      },
      {
        "date": "2026-06-05",
        "close": 6.637,
        "direction_boundary": 5.083,
        "core_momentum": 0.305725,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.170167
      },
      {
        "date": "2026-06-12",
        "close": 6.455,
        "direction_boundary": 5.104,
        "core_momentum": 0.264694,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.173084
      },
      {
        "date": "2026-06-19",
        "close": 6.513,
        "direction_boundary": 5.067,
        "core_momentum": 0.285376,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.17334
      },
      {
        "date": "2026-06-26",
        "close": 6.263,
        "direction_boundary": 5.287,
        "core_momentum": 0.184604,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.181079
      },
      {
        "date": "2026-07-03",
        "close": 6.433,
        "direction_boundary": 5.328,
        "core_momentum": 0.207395,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.183128
      },
      {
        "date": "2026-07-10",
        "close": 6.562,
        "direction_boundary": 5.367,
        "core_momentum": 0.222657,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.184729
      },
      {
        "date": "2026-07-17",
        "close": 6.489,
        "direction_boundary": 5.428,
        "core_momentum": 0.195468,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.184839
      },
      {
        "date": "2026-07-24",
        "close": 6.421,
        "direction_boundary": 5.529,
        "core_momentum": 0.161331,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.185475
      },
      {
        "date": "2026-07-31",
        "close": 6.423,
        "direction_boundary": 5.441,
        "core_momentum": 0.180482,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.185404
      },
      {
        "date": "2026-08-07",
        "close": 6.825,
        "direction_boundary": 5.625,
        "core_momentum": 0.213333,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.199094
      }
    ],
    "price_history": [
      {
        "date": "2024-11-22",
        "close": 4.929,
        "volume": 39095
      },
      {
        "date": "2024-11-29",
        "close": 4.989,
        "volume": 260980
      },
      {
        "date": "2024-12-06",
        "close": 5.153,
        "volume": 184020
      },
      {
        "date": "2024-12-13",
        "close": 5.194,
        "volume": 117039
      },
      {
        "date": "2024-12-20",
        "close": 5.189,
        "volume": 202823
      },
      {
        "date": "2024-12-27",
        "close": 5.209,
        "volume": 48877
      },
      {
        "date": "2025-01-03",
        "close": 5.153,
        "volume": 47983
      },
      {
        "date": "2025-01-10",
        "close": 5.045,
        "volume": 163879
      },
      {
        "date": "2025-01-17",
        "close": 5.163,
        "volume": 343187
      },
      {
        "date": "2025-01-24",
        "close": 5.267,
        "volume": 177261
      },
      {
        "date": "2025-01-31",
        "close": 5.237,
        "volume": 211570
      },
      {
        "date": "2025-02-07",
        "close": 5.155,
        "volume": 391050
      },
      {
        "date": "2025-02-14",
        "close": 5.253,
        "volume": 17538
      },
      {
        "date": "2025-02-21",
        "close": 5.192,
        "volume": 71224
      },
      {
        "date": "2025-02-28",
        "close": 4.9135,
        "volume": 566465
      },
      {
        "date": "2025-03-07",
        "close": 4.717,
        "volume": 494780
      },
      {
        "date": "2025-03-14",
        "close": 4.657,
        "volume": 238811
      },
      {
        "date": "2025-03-21",
        "close": 4.662,
        "volume": 191909
      },
      {
        "date": "2025-03-28",
        "close": 4.5905,
        "volume": 56856
      },
      {
        "date": "2025-04-04",
        "close": 4.2285,
        "volume": 387323
      },
      {
        "date": "2025-04-11",
        "close": 4.401,
        "volume": 439052
      },
      {
        "date": "2025-04-18",
        "close": 4.33,
        "volume": 300563
      },
      {
        "date": "2025-04-25",
        "close": 4.5635,
        "volume": 584444
      },
      {
        "date": "2025-05-02",
        "close": 4.734,
        "volume": 20897
      },
      {
        "date": "2025-05-09",
        "close": 4.7,
        "volume": 306731
      },
      {
        "date": "2025-05-16",
        "close": 4.9775,
        "volume": 366831
      },
      {
        "date": "2025-05-23",
        "close": 4.884,
        "volume": 299544
      },
      {
        "date": "2025-05-30",
        "close": 5.002,
        "volume": 65304
      },
      {
        "date": "2025-06-06",
        "close": 5.083,
        "volume": 68630
      },
      {
        "date": "2025-06-13",
        "close": 5.104,
        "volume": 143552
      },
      {
        "date": "2025-06-20",
        "close": 5.067,
        "volume": 186674
      },
      {
        "date": "2025-06-27",
        "close": 5.287,
        "volume": 104409
      },
      {
        "date": "2025-07-04",
        "close": 5.328,
        "volume": 41195
      },
      {
        "date": "2025-07-11",
        "close": 5.367,
        "volume": 149422
      },
      {
        "date": "2025-07-18",
        "close": 5.428,
        "volume": 140857
      },
      {
        "date": "2025-07-25",
        "close": 5.529,
        "volume": 41202
      },
      {
        "date": "2025-08-01",
        "close": 5.441,
        "volume": 163125
      },
      {
        "date": "2025-08-08",
        "close": 5.625,
        "volume": 80356
      },
      {
        "date": "2025-08-15",
        "close": 5.693,
        "volume": 84538
      },
      {
        "date": "2025-08-22",
        "close": 5.641,
        "volume": 59077
      },
      {
        "date": "2025-08-29",
        "close": 5.67,
        "volume": 33554
      },
      {
        "date": "2025-09-05",
        "close": 5.731,
        "volume": 57393
      },
      {
        "date": "2025-09-12",
        "close": 5.854,
        "volume": 64722
      },
      {
        "date": "2025-09-19",
        "close": 5.936,
        "volume": 168962
      },
      {
        "date": "2025-09-26",
        "close": 5.899,
        "volume": 550888
      },
      {
        "date": "2025-10-03",
        "close": 6.016,
        "volume": 33631
      },
      {
        "date": "2025-10-10",
        "close": 5.945,
        "volume": 33806
      },
      {
        "date": "2025-10-17",
        "close": 5.896,
        "volume": 97231
      },
      {
        "date": "2025-10-24",
        "close": 6.0652,
        "volume": 153789
      },
      {
        "date": "2025-10-31",
        "close": 6.251,
        "volume": 117474
      },
      {
        "date": "2025-11-07",
        "close": 6.01,
        "volume": 126863
      },
      {
        "date": "2025-11-14",
        "close": 6.122,
        "volume": 54575
      },
      {
        "date": "2025-11-21",
        "close": 5.96,
        "volume": 245564
      },
      {
        "date": "2025-11-28",
        "close": 6.215,
        "volume": 121468
      },
      {
        "date": "2025-12-05",
        "close": 6.223,
        "volume": 35673
      },
      {
        "date": "2025-12-12",
        "close": 6.113,
        "volume": 133578
      },
      {
        "date": "2025-12-19",
        "close": 6.133,
        "volume": 89011
      },
      {
        "date": "2025-12-26",
        "close": 6.24,
        "volume": 26818
      },
      {
        "date": "2026-01-02",
        "close": 6.14,
        "volume": 235150
      },
      {
        "date": "2026-01-09",
        "close": 6.182,
        "volume": 109705
      },
      {
        "date": "2026-01-16",
        "close": 6.118,
        "volume": 195855
      },
      {
        "date": "2026-01-23",
        "close": 6.091,
        "volume": 285822
      },
      {
        "date": "2026-01-30",
        "close": 6.127,
        "volume": 75401
      },
      {
        "date": "2026-02-06",
        "close": 5.993,
        "volume": 83567
      },
      {
        "date": "2026-02-13",
        "close": 5.87,
        "volume": 64293
      },
      {
        "date": "2026-02-20",
        "close": 5.933,
        "volume": 32560
      },
      {
        "date": "2026-02-27",
        "close": 5.892,
        "volume": 53118
      },
      {
        "date": "2026-03-06",
        "close": 5.872,
        "volume": 201588
      },
      {
        "date": "2026-03-13",
        "close": 5.799,
        "volume": 69737
      },
      {
        "date": "2026-03-20",
        "close": 5.676,
        "volume": 51012
      },
      {
        "date": "2026-03-27",
        "close": 5.473,
        "volume": 215612
      },
      {
        "date": "2026-04-03",
        "close": 5.656,
        "volume": 64656
      },
      {
        "date": "2026-04-10",
        "close": 5.957,
        "volume": 86664
      },
      {
        "date": "2026-04-17",
        "close": 6.303,
        "volume": 91314
      },
      {
        "date": "2026-04-24",
        "close": 6.327,
        "volume": 92375
      },
      {
        "date": "2026-05-01",
        "close": 6.335,
        "volume": 153282
      },
      {
        "date": "2026-05-08",
        "close": 6.648,
        "volume": 87084
      },
      {
        "date": "2026-05-15",
        "close": 6.769,
        "volume": 178984
      },
      {
        "date": "2026-05-22",
        "close": 6.73,
        "volume": 350432
      },
      {
        "date": "2026-05-29",
        "close": 6.814,
        "volume": 140318
      },
      {
        "date": "2026-06-05",
        "close": 6.637,
        "volume": 6999
      },
      {
        "date": "2026-06-12",
        "close": 6.455,
        "volume": 40393
      },
      {
        "date": "2026-06-19",
        "close": 6.513,
        "volume": 32310
      },
      {
        "date": "2026-06-26",
        "close": 6.263,
        "volume": 22806
      },
      {
        "date": "2026-07-03",
        "close": 6.433,
        "volume": 8317
      },
      {
        "date": "2026-07-10",
        "close": 6.562,
        "volume": 147619
      },
      {
        "date": "2026-07-17",
        "close": 6.489,
        "volume": 218244
      },
      {
        "date": "2026-07-24",
        "close": 6.421,
        "volume": 289531
      },
      {
        "date": "2026-07-31",
        "close": 6.423,
        "volume": 326728
      },
      {
        "date": "2026-08-07",
        "close": 6.825,
        "volume": 169993
      }
    ],
    "sharemaestro_context": {
      "trend": 6.2468,
      "fair_value": 5.66763,
      "market_activity": 17.402841,
      "market_dynamics": -0.000741,
      "relative_strength": -0.861679
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": 0.016576,
        "directional_follow_through": 0.5714,
        "regime_survival": 1.0,
        "conditional_difference": 0.018858,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.01249,
        "directional_follow_through": 0.5,
        "regime_survival": 1.0,
        "conditional_difference": -0.017749,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 1,
        "median_return": 0.129195,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.06814,
        "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": 0.145134
      }
    ]
  }
}