{
  "ticker": {
    "uuid": "534953ad-ed9e-4409-9a3c-0fb89af8b2ec",
    "symbol": "XSVM",
    "name": "Invesco S&P SmallCap Value with Momentum ETF",
    "exchange": "MEX",
    "country": "MX",
    "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": 1216.109985,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 1090.539673,
    "boundary_margin": 0.115145,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.157673,
    "volatility_stability": 1.2077,
    "risk_context": 0.6342,
    "current_regime": {
      "move": 0.083314,
      "interruption": -0.007706,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 86.908,
    "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 11.5% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-05-15",
        "close": 1122.583008,
        "direction_boundary": 1090.272339,
        "core_momentum": 0.029635,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.186098
      },
      {
        "date": "2026-05-22",
        "close": 1113.932495,
        "direction_boundary": 1090.272339,
        "core_momentum": 0.021701,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.180743
      },
      {
        "date": "2026-05-29",
        "close": 1113.932495,
        "direction_boundary": 1090.272339,
        "core_momentum": 0.021701,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.180743
      },
      {
        "date": "2026-06-05",
        "close": 1142.502441,
        "direction_boundary": 1090.272339,
        "core_momentum": 0.047906,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.18274
      },
      {
        "date": "2026-06-12",
        "close": 1163.208252,
        "direction_boundary": 1090.272339,
        "core_momentum": 0.066897,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.183261
      },
      {
        "date": "2026-06-19",
        "close": 1167.687866,
        "direction_boundary": 1090.272339,
        "core_momentum": 0.071006,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.15155
      },
      {
        "date": "2026-06-26",
        "close": 1173.0,
        "direction_boundary": 1090.539673,
        "core_momentum": 0.075614,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.151464
      },
      {
        "date": "2026-07-03",
        "close": 1173.0,
        "direction_boundary": 1090.539673,
        "core_momentum": 0.075614,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.151464
      },
      {
        "date": "2026-07-10",
        "close": 1216.109985,
        "direction_boundary": 1090.539673,
        "core_momentum": 0.115145,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.157865
      },
      {
        "date": "2026-07-17",
        "close": 1216.109985,
        "direction_boundary": 1090.539673,
        "core_momentum": 0.115145,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.157865
      },
      {
        "date": "2026-07-24",
        "close": 1216.109985,
        "direction_boundary": 1090.539673,
        "core_momentum": 0.115145,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.157673
      },
      {
        "date": "2026-07-31",
        "close": 1216.109985,
        "direction_boundary": 1090.539673,
        "core_momentum": 0.115145,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.157673
      },
      {
        "date": "2026-08-07",
        "close": 1216.109985,
        "direction_boundary": 1090.539673,
        "core_momentum": 0.115145,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.157673
      }
    ],
    "price_history": [
      {
        "date": "2025-05-16",
        "close": 1090.272339,
        "volume": 0
      },
      {
        "date": "2025-05-23",
        "close": 1090.272339,
        "volume": 0
      },
      {
        "date": "2025-05-30",
        "close": 1090.272339,
        "volume": 0
      },
      {
        "date": "2025-06-06",
        "close": 1090.272339,
        "volume": 0
      },
      {
        "date": "2025-06-13",
        "close": 1090.272339,
        "volume": 0
      },
      {
        "date": "2025-06-20",
        "close": 1090.272339,
        "volume": 0
      },
      {
        "date": "2025-06-27",
        "close": 1090.539673,
        "volume": 0
      },
      {
        "date": "2025-07-04",
        "close": 1090.539673,
        "volume": 0
      },
      {
        "date": "2025-07-11",
        "close": 1090.539673,
        "volume": 0
      },
      {
        "date": "2025-07-18",
        "close": 1090.539673,
        "volume": 0
      },
      {
        "date": "2025-07-25",
        "close": 1090.539673,
        "volume": 0
      },
      {
        "date": "2025-08-01",
        "close": 1090.539673,
        "volume": 0
      },
      {
        "date": "2025-08-08",
        "close": 1090.539673,
        "volume": 0
      },
      {
        "date": "2025-08-15",
        "close": 1090.539673,
        "volume": 0
      },
      {
        "date": "2025-08-22",
        "close": 1090.539673,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 1060.600342,
        "volume": 20084
      },
      {
        "date": "2025-09-05",
        "close": 1060.600342,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 1052.347412,
        "volume": 3588
      },
      {
        "date": "2025-09-19",
        "close": 1052.347412,
        "volume": 0
      },
      {
        "date": "2025-09-26",
        "close": 1052.736694,
        "volume": 0
      },
      {
        "date": "2025-10-03",
        "close": 1023.552429,
        "volume": 65156
      },
      {
        "date": "2025-10-10",
        "close": 1023.552429,
        "volume": 0
      },
      {
        "date": "2025-10-17",
        "close": 1023.552429,
        "volume": 0
      },
      {
        "date": "2025-10-24",
        "close": 1023.552429,
        "volume": 0
      },
      {
        "date": "2025-10-31",
        "close": 1023.552429,
        "volume": 0
      },
      {
        "date": "2025-11-07",
        "close": 1006.761963,
        "volume": 5865
      },
      {
        "date": "2025-11-14",
        "close": 1006.761963,
        "volume": 0
      },
      {
        "date": "2025-11-21",
        "close": 977.905762,
        "volume": 15754
      },
      {
        "date": "2025-11-28",
        "close": 977.905762,
        "volume": 0
      },
      {
        "date": "2025-12-05",
        "close": 977.905762,
        "volume": 0
      },
      {
        "date": "2025-12-12",
        "close": 977.905762,
        "volume": 0
      },
      {
        "date": "2025-12-19",
        "close": 1057.362061,
        "volume": 10
      },
      {
        "date": "2025-12-26",
        "close": 1057.612671,
        "volume": 0
      },
      {
        "date": "2026-01-02",
        "close": 1057.612671,
        "volume": 0
      },
      {
        "date": "2026-01-09",
        "close": 1061.313843,
        "volume": 85430
      },
      {
        "date": "2026-01-16",
        "close": 1061.313843,
        "volume": 0
      },
      {
        "date": "2026-01-23",
        "close": 1058.836426,
        "volume": 50
      },
      {
        "date": "2026-01-30",
        "close": 1058.836426,
        "volume": 0
      },
      {
        "date": "2026-02-06",
        "close": 1058.836426,
        "volume": 0
      },
      {
        "date": "2026-02-13",
        "close": 1093.838257,
        "volume": 6270
      },
      {
        "date": "2026-02-20",
        "close": 1086.664673,
        "volume": 11619
      },
      {
        "date": "2026-02-27",
        "close": 1075.08374,
        "volume": 1922
      },
      {
        "date": "2026-03-06",
        "close": 1071.482056,
        "volume": 65
      },
      {
        "date": "2026-03-13",
        "close": 1071.482056,
        "volume": 0
      },
      {
        "date": "2026-03-20",
        "close": 1027.346802,
        "volume": 9408
      },
      {
        "date": "2026-03-27",
        "close": 1032.579956,
        "volume": 0
      },
      {
        "date": "2026-04-03",
        "close": 1032.579956,
        "volume": 0
      },
      {
        "date": "2026-04-10",
        "close": 1032.579956,
        "volume": 0
      },
      {
        "date": "2026-04-17",
        "close": 1032.579956,
        "volume": 0
      },
      {
        "date": "2026-04-24",
        "close": 1027.903809,
        "volume": 0
      },
      {
        "date": "2026-05-01",
        "close": 1027.903809,
        "volume": 0
      },
      {
        "date": "2026-05-08",
        "close": 1027.903809,
        "volume": 0
      },
      {
        "date": "2026-05-15",
        "close": 1122.583008,
        "volume": 700
      },
      {
        "date": "2026-05-22",
        "close": 1113.932495,
        "volume": 76
      },
      {
        "date": "2026-05-29",
        "close": 1113.932495,
        "volume": 0
      },
      {
        "date": "2026-06-05",
        "close": 1142.502441,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 1163.208252,
        "volume": 0
      },
      {
        "date": "2026-06-19",
        "close": 1167.687866,
        "volume": 0
      },
      {
        "date": "2026-06-26",
        "close": 1173.0,
        "volume": 0
      },
      {
        "date": "2026-07-03",
        "close": 1173.0,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 1216.109985,
        "volume": 100
      },
      {
        "date": "2026-07-17",
        "close": 1216.109985,
        "volume": 0
      },
      {
        "date": "2026-07-24",
        "close": 1216.109985,
        "volume": 0
      },
      {
        "date": "2026-07-31",
        "close": 1216.109985,
        "volume": 0
      },
      {
        "date": "2026-08-07",
        "close": 1216.109985,
        "volume": 0
      }
    ],
    "sharemaestro_context": {
      "trend": 1104.271615,
      "fair_value": 1077.539725,
      "market_activity": 86.141632,
      "market_dynamics": 1.184613,
      "relative_strength": 10.754683
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 3,
        "median_return": 0.036189,
        "directional_follow_through": 0.6667,
        "regime_survival": 1.0,
        "conditional_difference": -0.000563,
        "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": "2026-05-15",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.083314
      }
    ]
  }
}