{
  "ticker": {
    "uuid": "5203f77c-f6fd-4b45-80fc-0a5b41e0ffdc",
    "symbol": "PMMR",
    "name": "PGIM S&P 500 MAX BUFFER ETF - MARCH",
    "exchange": "CBOE",
    "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": 27.3114,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 25.7087,
    "boundary_margin": 0.062341,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.019665,
    "volatility_stability": 0.7729,
    "risk_context": 1.5,
    "current_regime": {
      "move": 0.025973,
      "interruption": -0.010518,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 98.846,
    "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 6.2% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-03-06",
        "close": 26.62,
        "direction_boundary": 24.8824,
        "core_momentum": 0.069832,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.0133
      },
      {
        "date": "2026-03-13",
        "close": 26.5145,
        "direction_boundary": 24.7397,
        "core_momentum": 0.071739,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.014807
      },
      {
        "date": "2026-03-20",
        "close": 26.4183,
        "direction_boundary": 24.7764,
        "core_momentum": 0.066269,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.016013
      },
      {
        "date": "2026-03-27",
        "close": 26.34,
        "direction_boundary": 24.723,
        "core_momentum": 0.065405,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.01679
      },
      {
        "date": "2026-04-03",
        "close": 26.5,
        "direction_boundary": 24.4226,
        "core_momentum": 0.085061,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.018396
      },
      {
        "date": "2026-04-10",
        "close": 26.66,
        "direction_boundary": 24.6587,
        "core_momentum": 0.08116,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.019099
      },
      {
        "date": "2026-04-17",
        "close": 26.835,
        "direction_boundary": 24.5757,
        "core_momentum": 0.091932,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020449
      },
      {
        "date": "2026-04-24",
        "close": 26.85,
        "direction_boundary": 24.7741,
        "core_momentum": 0.083793,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020202
      },
      {
        "date": "2026-05-01",
        "close": 26.91,
        "direction_boundary": 24.9288,
        "core_momentum": 0.079474,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.02024
      },
      {
        "date": "2026-05-08",
        "close": 26.97,
        "direction_boundary": 24.893,
        "core_momentum": 0.083437,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.019841
      },
      {
        "date": "2026-05-15",
        "close": 26.975,
        "direction_boundary": 25.1428,
        "core_momentum": 0.072872,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.019902
      },
      {
        "date": "2026-05-22",
        "close": 26.996,
        "direction_boundary": 25.0441,
        "core_momentum": 0.077939,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.019141
      },
      {
        "date": "2026-05-29",
        "close": 27.0516,
        "direction_boundary": 25.1519,
        "core_momentum": 0.075529,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.017759
      },
      {
        "date": "2026-06-05",
        "close": 27.0,
        "direction_boundary": 25.235,
        "core_momentum": 0.069943,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.018262
      },
      {
        "date": "2026-06-12",
        "close": 27.03,
        "direction_boundary": 25.2417,
        "core_momentum": 0.070847,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.018256
      },
      {
        "date": "2026-06-19",
        "close": 27.04,
        "direction_boundary": 25.2598,
        "core_momentum": 0.070476,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.018245
      },
      {
        "date": "2026-06-26",
        "close": 26.99,
        "direction_boundary": 25.4535,
        "core_momentum": 0.060365,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.018554
      },
      {
        "date": "2026-07-03",
        "close": 27.095,
        "direction_boundary": 25.5249,
        "core_momentum": 0.061512,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.018989
      },
      {
        "date": "2026-07-10",
        "close": 27.14,
        "direction_boundary": 25.5344,
        "core_momentum": 0.06288,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.018957
      },
      {
        "date": "2026-07-17",
        "close": 27.14,
        "direction_boundary": 25.575,
        "core_momentum": 0.061193,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.019006
      },
      {
        "date": "2026-07-24",
        "close": 27.13,
        "direction_boundary": 25.6566,
        "core_momentum": 0.057428,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.019095
      },
      {
        "date": "2026-07-31",
        "close": 27.21,
        "direction_boundary": 25.5856,
        "core_momentum": 0.063489,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.019299
      },
      {
        "date": "2026-08-07",
        "close": 27.3114,
        "direction_boundary": 25.7087,
        "core_momentum": 0.062341,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.019665
      }
    ],
    "price_history": [
      {
        "date": "2025-03-07",
        "close": 24.8824,
        "volume": 6786
      },
      {
        "date": "2025-03-14",
        "close": 24.7397,
        "volume": 2232
      },
      {
        "date": "2025-03-21",
        "close": 24.7764,
        "volume": 5783
      },
      {
        "date": "2025-03-28",
        "close": 24.723,
        "volume": 108
      },
      {
        "date": "2025-04-04",
        "close": 24.4226,
        "volume": 302
      },
      {
        "date": "2025-04-11",
        "close": 24.6587,
        "volume": 0
      },
      {
        "date": "2025-04-18",
        "close": 24.5757,
        "volume": 0
      },
      {
        "date": "2025-04-25",
        "close": 24.7741,
        "volume": 400
      },
      {
        "date": "2025-05-02",
        "close": 24.9288,
        "volume": 3250
      },
      {
        "date": "2025-05-09",
        "close": 24.893,
        "volume": 420
      },
      {
        "date": "2025-05-16",
        "close": 25.1428,
        "volume": 1416
      },
      {
        "date": "2025-05-23",
        "close": 25.0441,
        "volume": 1250
      },
      {
        "date": "2025-05-30",
        "close": 25.1519,
        "volume": 1062
      },
      {
        "date": "2025-06-06",
        "close": 25.235,
        "volume": 1000
      },
      {
        "date": "2025-06-13",
        "close": 25.2417,
        "volume": 1000
      },
      {
        "date": "2025-06-20",
        "close": 25.2598,
        "volume": 1004
      },
      {
        "date": "2025-06-27",
        "close": 25.4535,
        "volume": 2030
      },
      {
        "date": "2025-07-04",
        "close": 25.5249,
        "volume": 0
      },
      {
        "date": "2025-07-11",
        "close": 25.5344,
        "volume": 2
      },
      {
        "date": "2025-07-18",
        "close": 25.575,
        "volume": 2
      },
      {
        "date": "2025-07-25",
        "close": 25.6566,
        "volume": 6
      },
      {
        "date": "2025-08-01",
        "close": 25.5856,
        "volume": 0
      },
      {
        "date": "2025-08-08",
        "close": 25.7087,
        "volume": 4
      },
      {
        "date": "2025-08-15",
        "close": 25.7502,
        "volume": 0
      },
      {
        "date": "2025-08-22",
        "close": 25.775,
        "volume": 7
      },
      {
        "date": "2025-08-29",
        "close": 25.78,
        "volume": 2002
      },
      {
        "date": "2025-09-05",
        "close": 25.84,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 25.9156,
        "volume": 7
      },
      {
        "date": "2025-09-19",
        "close": 25.96,
        "volume": 1
      },
      {
        "date": "2025-09-26",
        "close": 25.97,
        "volume": 3
      },
      {
        "date": "2025-10-03",
        "close": 26.015,
        "volume": 1
      },
      {
        "date": "2025-10-10",
        "close": 25.9433,
        "volume": 3
      },
      {
        "date": "2025-10-17",
        "close": 26.015,
        "volume": 200
      },
      {
        "date": "2025-10-24",
        "close": 26.105,
        "volume": 1
      },
      {
        "date": "2025-10-31",
        "close": 26.1162,
        "volume": 502
      },
      {
        "date": "2025-11-07",
        "close": 26.07,
        "volume": 800
      },
      {
        "date": "2025-11-14",
        "close": 26.1044,
        "volume": 302
      },
      {
        "date": "2025-11-21",
        "close": 26.0375,
        "volume": 319
      },
      {
        "date": "2025-11-28",
        "close": 26.205,
        "volume": 397
      },
      {
        "date": "2025-12-05",
        "close": 26.25,
        "volume": 25
      },
      {
        "date": "2025-12-12",
        "close": 26.27,
        "volume": 1
      },
      {
        "date": "2025-12-19",
        "close": 26.3199,
        "volume": 17
      },
      {
        "date": "2025-12-26",
        "close": 26.3841,
        "volume": 137
      },
      {
        "date": "2026-01-02",
        "close": 26.3908,
        "volume": 0
      },
      {
        "date": "2026-01-09",
        "close": 26.4442,
        "volume": 23
      },
      {
        "date": "2026-01-16",
        "close": 26.4648,
        "volume": 1
      },
      {
        "date": "2026-01-23",
        "close": 26.4852,
        "volume": 1
      },
      {
        "date": "2026-01-30",
        "close": 26.5132,
        "volume": 4
      },
      {
        "date": "2026-02-06",
        "close": 26.5455,
        "volume": 0
      },
      {
        "date": "2026-02-13",
        "close": 26.57,
        "volume": 1
      },
      {
        "date": "2026-02-20",
        "close": 26.62,
        "volume": 25
      },
      {
        "date": "2026-02-27",
        "close": 26.65,
        "volume": 10588
      },
      {
        "date": "2026-03-06",
        "close": 26.62,
        "volume": 91870
      },
      {
        "date": "2026-03-13",
        "close": 26.5145,
        "volume": 17402
      },
      {
        "date": "2026-03-20",
        "close": 26.4183,
        "volume": 9368
      },
      {
        "date": "2026-03-27",
        "close": 26.34,
        "volume": 8622
      },
      {
        "date": "2026-04-03",
        "close": 26.5,
        "volume": 500
      },
      {
        "date": "2026-04-10",
        "close": 26.66,
        "volume": 600
      },
      {
        "date": "2026-04-17",
        "close": 26.835,
        "volume": 757
      },
      {
        "date": "2026-04-24",
        "close": 26.85,
        "volume": 4525
      },
      {
        "date": "2026-05-01",
        "close": 26.91,
        "volume": 103
      },
      {
        "date": "2026-05-08",
        "close": 26.97,
        "volume": 1785
      },
      {
        "date": "2026-05-15",
        "close": 26.975,
        "volume": 915
      },
      {
        "date": "2026-05-22",
        "close": 26.996,
        "volume": 423
      },
      {
        "date": "2026-05-29",
        "close": 27.0516,
        "volume": 600
      },
      {
        "date": "2026-06-05",
        "close": 27.0,
        "volume": 18471
      },
      {
        "date": "2026-06-12",
        "close": 27.03,
        "volume": 1129
      },
      {
        "date": "2026-06-19",
        "close": 27.04,
        "volume": 1907
      },
      {
        "date": "2026-06-26",
        "close": 26.99,
        "volume": 2006
      },
      {
        "date": "2026-07-03",
        "close": 27.095,
        "volume": 25
      },
      {
        "date": "2026-07-10",
        "close": 27.14,
        "volume": 34
      },
      {
        "date": "2026-07-17",
        "close": 27.14,
        "volume": 630
      },
      {
        "date": "2026-07-24",
        "close": 27.13,
        "volume": 30
      },
      {
        "date": "2026-07-31",
        "close": 27.21,
        "volume": 30
      },
      {
        "date": "2026-08-07",
        "close": 27.3114,
        "volume": 35
      }
    ],
    "sharemaestro_context": {
      "trend": 26.819183,
      "fair_value": 26.076335,
      "market_activity": 49.872465,
      "market_dynamics": 0.525428,
      "relative_strength": -8.228087
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": 0.005187,
        "directional_follow_through": 0.6,
        "regime_survival": 1.0,
        "conditional_difference": 0.0,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.014275,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.001865,
        "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": "2026-03-06",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.025973
      }
    ]
  }
}