{
  "ticker": {
    "uuid": "5bbdf5f6-0905-42f4-a871-6a4ca483e780",
    "symbol": "009803",
    "name": "E.SUN Taiwan Market Capitalization Momentum 50 ETF",
    "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": 20.84,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 10.339213,
    "boundary_margin": 1.015627,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.30122,
    "volatility_stability": 1.1045,
    "risk_context": 0.332,
    "current_regime": {
      "move": 0.350827,
      "interruption": -0.089668,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 98.462,
    "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 101.6% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-03-13",
        "close": 15.427586,
        "direction_boundary": 9.511696,
        "core_momentum": 0.62196,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.213047
      },
      {
        "date": "2026-03-20",
        "close": 15.57,
        "direction_boundary": 9.321463,
        "core_momentum": 0.670339,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.208063
      },
      {
        "date": "2026-03-27",
        "close": 15.48,
        "direction_boundary": 9.435601,
        "core_momentum": 0.640595,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.209575
      },
      {
        "date": "2026-04-03",
        "close": 15.07,
        "direction_boundary": 9.169274,
        "core_momentum": 0.643533,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.214897
      },
      {
        "date": "2026-04-10",
        "close": 16.57,
        "direction_boundary": 8.97904,
        "core_momentum": 0.845409,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.242941
      },
      {
        "date": "2026-04-17",
        "close": 17.211943,
        "direction_boundary": 8.237128,
        "core_momentum": 1.089556,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.245081
      },
      {
        "date": "2026-04-24",
        "close": 18.540445,
        "direction_boundary": 8.208593,
        "core_momentum": 1.258663,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.258739
      },
      {
        "date": "2026-05-01",
        "close": 18.716276,
        "direction_boundary": 8.436874,
        "core_momentum": 1.21839,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.258822
      },
      {
        "date": "2026-05-08",
        "close": 19.947096,
        "direction_boundary": 8.788807,
        "core_momentum": 1.269602,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.264939
      },
      {
        "date": "2026-05-15",
        "close": 19.390297,
        "direction_boundary": 8.836366,
        "core_momentum": 1.194375,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.263438
      },
      {
        "date": "2026-05-22",
        "close": 20.005707,
        "direction_boundary": 9.369021,
        "core_momentum": 1.135304,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.259589
      },
      {
        "date": "2026-05-29",
        "close": 21.363518,
        "direction_boundary": 9.283415,
        "core_momentum": 1.301256,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.255008
      },
      {
        "date": "2026-06-05",
        "close": 21.422127,
        "direction_boundary": 9.235856,
        "core_momentum": 1.319452,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.25446
      },
      {
        "date": "2026-06-12",
        "close": 21.09,
        "direction_boundary": 9.359509,
        "core_momentum": 1.253323,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.259028
      },
      {
        "date": "2026-06-19",
        "close": 21.969999,
        "direction_boundary": 9.587789,
        "core_momentum": 1.291456,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.259726
      },
      {
        "date": "2026-06-26",
        "close": 21.0,
        "direction_boundary": 9.549743,
        "core_momentum": 1.199012,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.269858
      },
      {
        "date": "2026-07-03",
        "close": 21.950001,
        "direction_boundary": 9.787535,
        "core_momentum": 1.242649,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.271272
      },
      {
        "date": "2026-07-10",
        "close": 21.32,
        "direction_boundary": 9.920699,
        "core_momentum": 1.149042,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.279505
      },
      {
        "date": "2026-07-17",
        "close": 20.0,
        "direction_boundary": 10.03484,
        "core_momentum": 0.993056,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.301532
      },
      {
        "date": "2026-07-24",
        "close": 20.6,
        "direction_boundary": 10.301167,
        "core_momentum": 0.999773,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.300244
      },
      {
        "date": "2026-07-31",
        "close": 20.48,
        "direction_boundary": 10.339213,
        "core_momentum": 0.980808,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.301477
      },
      {
        "date": "2026-08-07",
        "close": 20.84,
        "direction_boundary": 10.339213,
        "core_momentum": 1.015627,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.30122
      }
    ],
    "price_history": [
      {
        "date": "2025-03-07",
        "close": 9.511696,
        "volume": 0
      },
      {
        "date": "2025-03-14",
        "close": 9.321463,
        "volume": 67317736
      },
      {
        "date": "2025-03-21",
        "close": 9.435601,
        "volume": 39086699
      },
      {
        "date": "2025-03-28",
        "close": 9.169274,
        "volume": 27477850
      },
      {
        "date": "2025-04-04",
        "close": 8.97904,
        "volume": 18602498
      },
      {
        "date": "2025-04-11",
        "close": 8.237128,
        "volume": 46884724
      },
      {
        "date": "2025-04-18",
        "close": 8.208593,
        "volume": 14916049
      },
      {
        "date": "2025-04-25",
        "close": 8.436874,
        "volume": 17774670
      },
      {
        "date": "2025-05-02",
        "close": 8.788807,
        "volume": 21981240
      },
      {
        "date": "2025-05-09",
        "close": 8.836366,
        "volume": 22286376
      },
      {
        "date": "2025-05-16",
        "close": 9.369021,
        "volume": 19983154
      },
      {
        "date": "2025-05-23",
        "close": 9.283415,
        "volume": 16045761
      },
      {
        "date": "2025-05-30",
        "close": 9.235856,
        "volume": 9330646
      },
      {
        "date": "2025-06-06",
        "close": 9.359509,
        "volume": 11685212
      },
      {
        "date": "2025-06-13",
        "close": 9.587789,
        "volume": 30767090
      },
      {
        "date": "2025-06-20",
        "close": 9.549743,
        "volume": 17515279
      },
      {
        "date": "2025-06-27",
        "close": 9.787535,
        "volume": 26845065
      },
      {
        "date": "2025-07-04",
        "close": 9.920699,
        "volume": 8952838
      },
      {
        "date": "2025-07-11",
        "close": 10.03484,
        "volume": 9850433
      },
      {
        "date": "2025-07-18",
        "close": 10.301167,
        "volume": 8158368
      },
      {
        "date": "2025-07-25",
        "close": 10.339213,
        "volume": 5593272
      },
      {
        "date": "2025-08-01",
        "close": 10.339213,
        "volume": 7229116
      },
      {
        "date": "2025-08-08",
        "close": 10.60554,
        "volume": 5961658
      },
      {
        "date": "2025-08-15",
        "close": 10.757729,
        "volume": 6362903
      },
      {
        "date": "2025-08-22",
        "close": 10.510425,
        "volume": 6951053
      },
      {
        "date": "2025-08-29",
        "close": 10.653099,
        "volume": 4447183
      },
      {
        "date": "2025-09-05",
        "close": 10.738705,
        "volume": 7999824
      },
      {
        "date": "2025-09-12",
        "close": 11.242825,
        "volume": 10435351
      },
      {
        "date": "2025-09-19",
        "close": 11.407008,
        "volume": 10646398
      },
      {
        "date": "2025-09-26",
        "close": 11.329673,
        "volume": 9338040
      },
      {
        "date": "2025-10-03",
        "close": 11.706683,
        "volume": 5526722
      },
      {
        "date": "2025-10-10",
        "close": 11.967691,
        "volume": 4479433
      },
      {
        "date": "2025-10-17",
        "close": 12.06436,
        "volume": 8750823
      },
      {
        "date": "2025-10-24",
        "close": 12.199697,
        "volume": 3257310
      },
      {
        "date": "2025-10-31",
        "close": 12.712046,
        "volume": 10728991
      },
      {
        "date": "2025-11-07",
        "close": 12.306034,
        "volume": 9416074
      },
      {
        "date": "2025-11-14",
        "close": 12.112695,
        "volume": 7669666
      },
      {
        "date": "2025-11-21",
        "close": 11.697016,
        "volume": 8551267
      },
      {
        "date": "2025-11-28",
        "close": 12.238365,
        "volume": 4577062
      },
      {
        "date": "2025-12-05",
        "close": 12.335035,
        "volume": 11107913
      },
      {
        "date": "2025-12-12",
        "close": 12.422038,
        "volume": 17921641
      },
      {
        "date": "2025-12-19",
        "close": 12.170869,
        "volume": 29704404
      },
      {
        "date": "2025-12-26",
        "close": 12.584107,
        "volume": 9584147
      },
      {
        "date": "2026-01-02",
        "close": 13.007186,
        "volume": 10433954
      },
      {
        "date": "2026-01-09",
        "close": 13.410585,
        "volume": 11353327
      },
      {
        "date": "2026-01-16",
        "close": 13.951732,
        "volume": 9529306
      },
      {
        "date": "2026-01-23",
        "close": 14.246902,
        "volume": 9144982
      },
      {
        "date": "2026-01-30",
        "close": 14.315776,
        "volume": 8150822
      },
      {
        "date": "2026-02-06",
        "close": 14.197707,
        "volume": 10387854
      },
      {
        "date": "2026-02-13",
        "close": 15.240644,
        "volume": 4740410
      },
      {
        "date": "2026-02-27",
        "close": 16.224545,
        "volume": 8196484
      },
      {
        "date": "2026-03-06",
        "close": 15.407907,
        "volume": 17808847
      },
      {
        "date": "2026-03-13",
        "close": 15.427586,
        "volume": 16288284
      },
      {
        "date": "2026-03-20",
        "close": 15.57,
        "volume": 9973748
      },
      {
        "date": "2026-03-27",
        "close": 15.48,
        "volume": 7487649
      },
      {
        "date": "2026-04-03",
        "close": 15.07,
        "volume": 10355792
      },
      {
        "date": "2026-04-10",
        "close": 16.57,
        "volume": 6706651
      },
      {
        "date": "2026-04-17",
        "close": 17.211943,
        "volume": 7787682
      },
      {
        "date": "2026-04-24",
        "close": 18.540445,
        "volume": 10319156
      },
      {
        "date": "2026-05-01",
        "close": 18.716276,
        "volume": 7068365
      },
      {
        "date": "2026-05-08",
        "close": 19.947096,
        "volume": 13650907
      },
      {
        "date": "2026-05-15",
        "close": 19.390297,
        "volume": 11998131
      },
      {
        "date": "2026-05-22",
        "close": 20.005707,
        "volume": 8180321
      },
      {
        "date": "2026-05-29",
        "close": 21.363518,
        "volume": 5289183
      },
      {
        "date": "2026-06-05",
        "close": 21.422127,
        "volume": 21751871
      },
      {
        "date": "2026-06-12",
        "close": 21.09,
        "volume": 7216965
      },
      {
        "date": "2026-06-19",
        "close": 21.969999,
        "volume": 14459358
      },
      {
        "date": "2026-06-26",
        "close": 21.0,
        "volume": 6311806
      },
      {
        "date": "2026-07-03",
        "close": 21.950001,
        "volume": 1317737
      },
      {
        "date": "2026-07-10",
        "close": 21.32,
        "volume": 8305381
      },
      {
        "date": "2026-07-17",
        "close": 20.0,
        "volume": 19099012
      },
      {
        "date": "2026-07-24",
        "close": 20.6,
        "volume": 11174012
      },
      {
        "date": "2026-07-31",
        "close": 20.48,
        "volume": 16347027
      },
      {
        "date": "2026-08-07",
        "close": 20.84,
        "volume": 9086384
      }
    ],
    "sharemaestro_context": {
      "trend": 18.032026,
      "fair_value": 13.591385,
      "market_activity": 23.906174,
      "market_dynamics": -0.170168,
      "relative_strength": 3.427017
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": 0.073947,
        "directional_follow_through": 0.8,
        "regime_survival": 1.0,
        "conditional_difference": -0.002593,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.367032,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.080369,
        "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": "2026-03-13",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.350827
      }
    ]
  }
}