{
  "ticker": {
    "uuid": "5d382fa9-63ea-4a46-b6f5-e21ccdeaf8c4",
    "symbol": "7761",
    "name": "Power Win",
    "exchange": "TWO",
    "country": "TW",
    "assetType": "equity"
  },
  "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": "2026-08-14",
    "latest_close": 39.150002,
    "direction": "negative",
    "state": "Negative, shorter trend recovering",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 43.915672,
    "boundary_margin": -0.108519,
    "trend_agreement": "Broadly aligned",
    "persistence": "Early",
    "direction_turnover": "High",
    "annualized_volatility": 0.259962,
    "volatility_stability": 0.3585,
    "risk_context": 0.3847,
    "current_regime": {
      "move": -0.002444,
      "interruption": 0.056535,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 53.485,
    "interpretation": {
      "label": "Negative, shorter trend recovering",
      "headline": "Negative, shorter trend recovering",
      "body": "The Core Trend remains in force, but the Fast Trend now points the other way. That is an early loss of persistence, not yet a regime change.",
      "age_context": "The current Core Trend remains in its early lifecycle.",
      "boundary_context": "The latest close is 10.9% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is high."
    },
    "chart_path": [
      {
        "date": "2025-08-29",
        "close": 47.2938,
        "direction_boundary": 39.891727,
        "core_momentum": 0.185554,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.441199
      },
      {
        "date": "2025-09-05",
        "close": 49.628685,
        "direction_boundary": 40.934971,
        "core_momentum": 0.212379,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.438877
      },
      {
        "date": "2025-09-12",
        "close": 47.558067,
        "direction_boundary": 40.53754,
        "core_momentum": 0.173186,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.4447
      },
      {
        "date": "2025-09-19",
        "close": 47.591873,
        "direction_boundary": 40.239471,
        "core_momentum": 0.182716,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.443298
      },
      {
        "date": "2025-09-26",
        "close": 45.654415,
        "direction_boundary": 40.934971,
        "core_momentum": 0.115291,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.444175
      },
      {
        "date": "2025-10-03",
        "close": 45.555058,
        "direction_boundary": 41.729824,
        "core_momentum": 0.091667,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.4353
      },
      {
        "date": "2025-10-10",
        "close": 45.704094,
        "direction_boundary": 40.736256,
        "core_momentum": 0.121951,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.405875
      },
      {
        "date": "2025-10-17",
        "close": 49.479649,
        "direction_boundary": 41.183361,
        "core_momentum": 0.201448,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.412056
      },
      {
        "date": "2025-10-24",
        "close": 69.549706,
        "direction_boundary": 40.28915,
        "core_momentum": 0.726264,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.617852
      },
      {
        "date": "2025-10-31",
        "close": 57.130116,
        "direction_boundary": 40.686581,
        "core_momentum": 0.404151,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.686128
      },
      {
        "date": "2025-11-07",
        "close": 49.18158,
        "direction_boundary": 39.742691,
        "core_momentum": 0.2375,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.716355
      },
      {
        "date": "2025-11-14",
        "close": 48.585438,
        "direction_boundary": 40.239471,
        "core_momentum": 0.207407,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.716689
      },
      {
        "date": "2025-11-21",
        "close": 47.691227,
        "direction_boundary": 37.805233,
        "core_momentum": 0.261498,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.71675
      },
      {
        "date": "2025-11-28",
        "close": 47.591873,
        "direction_boundary": 38.550407,
        "core_momentum": 0.234536,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.716873
      },
      {
        "date": "2025-12-05",
        "close": 46.39959,
        "direction_boundary": 38.649765,
        "core_momentum": 0.200514,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.717477
      },
      {
        "date": "2025-12-12",
        "close": 44.809879,
        "direction_boundary": 38.649765,
        "core_momentum": 0.159383,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.713886
      },
      {
        "date": "2025-12-19",
        "close": 41.829178,
        "direction_boundary": 39.196228,
        "core_momentum": 0.067174,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.720713
      },
      {
        "date": "2025-12-26",
        "close": 40.239471,
        "direction_boundary": 38.947838,
        "core_momentum": 0.033163,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.642093
      },
      {
        "date": "2026-01-02",
        "close": 39.742691,
        "direction_boundary": 36.811665,
        "core_momentum": 0.079622,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.640975
      },
      {
        "date": "2026-01-09",
        "close": 41.48143,
        "direction_boundary": 37.755554,
        "core_momentum": 0.098684,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.644861
      },
      {
        "date": "2026-01-16",
        "close": 40.189796,
        "direction_boundary": 35.818096,
        "core_momentum": 0.122053,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.64106
      },
      {
        "date": "2026-01-23",
        "close": 40.239471,
        "direction_boundary": 37.407806,
        "core_momentum": 0.075697,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.639959
      },
      {
        "date": "2026-01-30",
        "close": 39.842045,
        "direction_boundary": 35.768421,
        "core_momentum": 0.113889,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.639938
      },
      {
        "date": "2026-02-06",
        "close": 39.742691,
        "direction_boundary": 38.152985,
        "core_momentum": 0.041667,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.639644
      },
      {
        "date": "2026-02-13",
        "close": 39.693012,
        "direction_boundary": 42.226608,
        "core_momentum": -0.06,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.638891
      },
      {
        "date": "2026-02-27",
        "close": 37.904591,
        "direction_boundary": 43.667282,
        "core_momentum": -0.131968,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.64148
      },
      {
        "date": "2026-03-06",
        "close": 37.755554,
        "direction_boundary": 40.98465,
        "core_momentum": -0.078788,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.63424
      },
      {
        "date": "2026-03-13",
        "close": 35.867775,
        "direction_boundary": 39.196228,
        "core_momentum": -0.084918,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.631402
      },
      {
        "date": "2026-03-20",
        "close": 35.818096,
        "direction_boundary": 39.444618,
        "core_momentum": -0.09194,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.630055
      },
      {
        "date": "2026-03-27",
        "close": 36.364559,
        "direction_boundary": 40.736256,
        "core_momentum": -0.107317,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.630904
      },
      {
        "date": "2026-04-03",
        "close": 36.364559,
        "direction_boundary": 39.245907,
        "core_momentum": -0.073418,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.629423
      },
      {
        "date": "2026-04-10",
        "close": 35.221958,
        "direction_boundary": 41.978214,
        "core_momentum": -0.160947,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.630153
      },
      {
        "date": "2026-04-17",
        "close": 37.904591,
        "direction_boundary": 37.755554,
        "core_momentum": 0.003947,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.640503
      },
      {
        "date": "2026-04-24",
        "close": 41.779503,
        "direction_boundary": 40.04076,
        "core_momentum": 0.043424,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.64582
      },
      {
        "date": "2026-05-01",
        "close": 41.729824,
        "direction_boundary": 40.090435,
        "core_momentum": 0.040892,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.409099
      },
      {
        "date": "2026-05-08",
        "close": 40.189796,
        "direction_boundary": 42.027893,
        "core_momentum": -0.043735,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.321491
      },
      {
        "date": "2026-05-15",
        "close": 37.805233,
        "direction_boundary": 39.742691,
        "core_momentum": -0.04875,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.264847
      },
      {
        "date": "2026-05-22",
        "close": 39.742691,
        "direction_boundary": 39.543976,
        "core_momentum": 0.005025,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.277599
      },
      {
        "date": "2026-05-29",
        "close": 39.245907,
        "direction_boundary": 38.848476,
        "core_momentum": 0.01023,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.277254
      },
      {
        "date": "2026-06-05",
        "close": 39.742691,
        "direction_boundary": 39.245907,
        "core_momentum": 0.012658,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.278569
      },
      {
        "date": "2026-06-12",
        "close": 39.09687,
        "direction_boundary": 38.550407,
        "core_momentum": 0.014175,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.277657
      },
      {
        "date": "2026-06-19",
        "close": 39.245907,
        "direction_boundary": 41.332394,
        "core_momentum": -0.050481,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.274946
      },
      {
        "date": "2026-06-26",
        "close": 37.954269,
        "direction_boundary": 41.729824,
        "core_momentum": -0.090476,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.262648
      },
      {
        "date": "2026-07-03",
        "close": 39.792366,
        "direction_boundary": 52.46035,
        "core_momentum": -0.241477,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.266781
      },
      {
        "date": "2026-07-10",
        "close": 39.950001,
        "direction_boundary": 50.572575,
        "core_momentum": -0.210046,
        "direction": "negative",
        "trend_agreement": 0.5,
        "volatility": 0.266275
      },
      {
        "date": "2026-07-17",
        "close": 39.200001,
        "direction_boundary": 49.67836,
        "core_momentum": -0.210924,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.26021
      },
      {
        "date": "2026-07-24",
        "close": 39.099998,
        "direction_boundary": 46.697659,
        "core_momentum": -0.162699,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.256728
      },
      {
        "date": "2026-07-31",
        "close": 39.450001,
        "direction_boundary": 45.20731,
        "core_momentum": -0.127353,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.257086
      },
      {
        "date": "2026-08-07",
        "close": 40.099998,
        "direction_boundary": 44.710526,
        "core_momentum": -0.10312,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.257793
      },
      {
        "date": "2026-08-14",
        "close": 39.150002,
        "direction_boundary": 43.915672,
        "core_momentum": -0.108519,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.259962
      }
    ],
    "price_history": [
      {
        "date": "2024-08-23",
        "close": 39.891727,
        "volume": 581815
      },
      {
        "date": "2024-08-30",
        "close": 40.934971,
        "volume": 249878
      },
      {
        "date": "2024-09-06",
        "close": 40.53754,
        "volume": 65148
      },
      {
        "date": "2024-09-13",
        "close": 40.239471,
        "volume": 48815
      },
      {
        "date": "2024-09-20",
        "close": 40.934971,
        "volume": 42417
      },
      {
        "date": "2024-09-27",
        "close": 41.729824,
        "volume": 106050
      },
      {
        "date": "2024-10-04",
        "close": 40.736256,
        "volume": 47500
      },
      {
        "date": "2024-10-11",
        "close": 41.183361,
        "volume": 60444
      },
      {
        "date": "2024-10-18",
        "close": 40.28915,
        "volume": 44951
      },
      {
        "date": "2024-10-25",
        "close": 40.686581,
        "volume": 34079
      },
      {
        "date": "2024-11-01",
        "close": 39.742691,
        "volume": 23911
      },
      {
        "date": "2024-11-08",
        "close": 40.239471,
        "volume": 97110
      },
      {
        "date": "2024-11-15",
        "close": 37.805233,
        "volume": 26920
      },
      {
        "date": "2024-11-22",
        "close": 38.550407,
        "volume": 45460
      },
      {
        "date": "2024-11-29",
        "close": 38.649765,
        "volume": 34301
      },
      {
        "date": "2024-12-06",
        "close": 38.649765,
        "volume": 9000
      },
      {
        "date": "2024-12-13",
        "close": 39.196228,
        "volume": 5400
      },
      {
        "date": "2024-12-20",
        "close": 38.947838,
        "volume": 1560
      },
      {
        "date": "2024-12-27",
        "close": 36.811665,
        "volume": 34454
      },
      {
        "date": "2025-01-03",
        "close": 37.755554,
        "volume": 34115
      },
      {
        "date": "2025-01-10",
        "close": 35.818096,
        "volume": 20600
      },
      {
        "date": "2025-01-17",
        "close": 37.407806,
        "volume": 148680
      },
      {
        "date": "2025-01-24",
        "close": 35.768421,
        "volume": 67036
      },
      {
        "date": "2025-02-07",
        "close": 38.152985,
        "volume": 161277
      },
      {
        "date": "2025-02-14",
        "close": 42.226608,
        "volume": 162819
      },
      {
        "date": "2025-02-21",
        "close": 43.667282,
        "volume": 96181
      },
      {
        "date": "2025-02-28",
        "close": 40.98465,
        "volume": 99168
      },
      {
        "date": "2025-03-07",
        "close": 39.196228,
        "volume": 19061
      },
      {
        "date": "2025-03-14",
        "close": 39.444618,
        "volume": 23317
      },
      {
        "date": "2025-03-21",
        "close": 40.736256,
        "volume": 32476
      },
      {
        "date": "2025-03-28",
        "close": 39.245907,
        "volume": 22100
      },
      {
        "date": "2025-04-04",
        "close": 41.978214,
        "volume": 20310
      },
      {
        "date": "2025-04-11",
        "close": 37.755554,
        "volume": 30804
      },
      {
        "date": "2025-04-18",
        "close": 40.04076,
        "volume": 28128
      },
      {
        "date": "2025-04-25",
        "close": 40.090435,
        "volume": 7274
      },
      {
        "date": "2025-05-02",
        "close": 42.027893,
        "volume": 6045
      },
      {
        "date": "2025-05-09",
        "close": 39.742691,
        "volume": 8000
      },
      {
        "date": "2025-05-16",
        "close": 39.543976,
        "volume": 52107
      },
      {
        "date": "2025-05-23",
        "close": 38.848476,
        "volume": 67259
      },
      {
        "date": "2025-05-30",
        "close": 39.245907,
        "volume": 49081
      },
      {
        "date": "2025-06-06",
        "close": 38.550407,
        "volume": 27010
      },
      {
        "date": "2025-06-13",
        "close": 41.332394,
        "volume": 115004
      },
      {
        "date": "2025-06-20",
        "close": 41.729824,
        "volume": 58416
      },
      {
        "date": "2025-06-27",
        "close": 52.46035,
        "volume": 233106
      },
      {
        "date": "2025-07-04",
        "close": 50.572575,
        "volume": 40774
      },
      {
        "date": "2025-07-11",
        "close": 49.67836,
        "volume": 29196
      },
      {
        "date": "2025-07-18",
        "close": 46.697659,
        "volume": 64255
      },
      {
        "date": "2025-07-25",
        "close": 45.20731,
        "volume": 28073
      },
      {
        "date": "2025-08-01",
        "close": 44.710526,
        "volume": 35648
      },
      {
        "date": "2025-08-08",
        "close": 43.915672,
        "volume": 45542
      },
      {
        "date": "2025-08-15",
        "close": 44.710526,
        "volume": 50533
      },
      {
        "date": "2025-08-22",
        "close": 44.51181,
        "volume": 6066
      },
      {
        "date": "2025-08-29",
        "close": 47.2938,
        "volume": 141293
      },
      {
        "date": "2025-09-05",
        "close": 49.628685,
        "volume": 220442
      },
      {
        "date": "2025-09-12",
        "close": 47.558067,
        "volume": 99036
      },
      {
        "date": "2025-09-19",
        "close": 47.591873,
        "volume": 47608
      },
      {
        "date": "2025-09-26",
        "close": 45.654415,
        "volume": 80185
      },
      {
        "date": "2025-10-03",
        "close": 45.555058,
        "volume": 174528
      },
      {
        "date": "2025-10-10",
        "close": 45.704094,
        "volume": 29331
      },
      {
        "date": "2025-10-17",
        "close": 49.479649,
        "volume": 298030
      },
      {
        "date": "2025-10-24",
        "close": 69.549706,
        "volume": 548999
      },
      {
        "date": "2025-10-31",
        "close": 57.130116,
        "volume": 552656
      },
      {
        "date": "2025-11-07",
        "close": 49.18158,
        "volume": 256350
      },
      {
        "date": "2025-11-14",
        "close": 48.585438,
        "volume": 136578
      },
      {
        "date": "2025-11-21",
        "close": 47.691227,
        "volume": 171591
      },
      {
        "date": "2025-11-28",
        "close": 47.591873,
        "volume": 102032
      },
      {
        "date": "2025-12-05",
        "close": 46.39959,
        "volume": 153091
      },
      {
        "date": "2025-12-12",
        "close": 44.809879,
        "volume": 152015
      },
      {
        "date": "2025-12-19",
        "close": 41.829178,
        "volume": 148671
      },
      {
        "date": "2025-12-26",
        "close": 40.239471,
        "volume": 169091
      },
      {
        "date": "2026-01-02",
        "close": 39.742691,
        "volume": 81742
      },
      {
        "date": "2026-01-09",
        "close": 41.48143,
        "volume": 210145
      },
      {
        "date": "2026-01-16",
        "close": 40.189796,
        "volume": 268625
      },
      {
        "date": "2026-01-23",
        "close": 40.239471,
        "volume": 47768
      },
      {
        "date": "2026-01-30",
        "close": 39.842045,
        "volume": 80710
      },
      {
        "date": "2026-02-06",
        "close": 39.742691,
        "volume": 35550
      },
      {
        "date": "2026-02-13",
        "close": 39.693012,
        "volume": 139472
      },
      {
        "date": "2026-02-27",
        "close": 37.904591,
        "volume": 226683
      },
      {
        "date": "2026-03-06",
        "close": 37.755554,
        "volume": 63177
      },
      {
        "date": "2026-03-13",
        "close": 35.867775,
        "volume": 83079
      },
      {
        "date": "2026-03-20",
        "close": 35.818096,
        "volume": 315517
      },
      {
        "date": "2026-03-27",
        "close": 36.364559,
        "volume": 73907
      },
      {
        "date": "2026-04-03",
        "close": 36.364559,
        "volume": 780577
      },
      {
        "date": "2026-04-10",
        "close": 35.221958,
        "volume": 371277
      },
      {
        "date": "2026-04-17",
        "close": 37.904591,
        "volume": 7058733
      },
      {
        "date": "2026-04-24",
        "close": 41.779503,
        "volume": 6511289
      },
      {
        "date": "2026-05-01",
        "close": 41.729824,
        "volume": 979179
      },
      {
        "date": "2026-05-08",
        "close": 40.189796,
        "volume": 1597072
      },
      {
        "date": "2026-05-15",
        "close": 37.805233,
        "volume": 650761
      },
      {
        "date": "2026-05-22",
        "close": 39.742691,
        "volume": 618546
      },
      {
        "date": "2026-05-29",
        "close": 39.245907,
        "volume": 993655
      },
      {
        "date": "2026-06-05",
        "close": 39.742691,
        "volume": 873421
      },
      {
        "date": "2026-06-12",
        "close": 39.09687,
        "volume": 581695
      },
      {
        "date": "2026-06-19",
        "close": 39.245907,
        "volume": 403862
      },
      {
        "date": "2026-06-26",
        "close": 37.954269,
        "volume": 534454
      },
      {
        "date": "2026-07-03",
        "close": 39.792366,
        "volume": 406392
      },
      {
        "date": "2026-07-10",
        "close": 39.950001,
        "volume": 214364
      },
      {
        "date": "2026-07-17",
        "close": 39.200001,
        "volume": 370922
      },
      {
        "date": "2026-07-24",
        "close": 39.099998,
        "volume": 160889
      },
      {
        "date": "2026-07-31",
        "close": 39.450001,
        "volume": 346586
      },
      {
        "date": "2026-08-07",
        "close": 40.099998,
        "volume": 423786
      },
      {
        "date": "2026-08-14",
        "close": 39.150002,
        "volume": 615630
      }
    ],
    "sharemaestro_context": {
      "trend": 38.872792,
      "fair_value": 41.650924,
      "market_activity": 6.840144,
      "market_dynamics": 0.289733,
      "relative_strength": -35.806893
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": -0.0062,
        "directional_follow_through": 1.0,
        "regime_survival": 0.75,
        "conditional_difference": 0.011839,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.001252,
        "directional_follow_through": 0.0,
        "regime_survival": 0.0,
        "conditional_difference": 0.065386,
        "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": "2025-08-29",
        "end": "2026-02-06",
        "tenure": "Established",
        "return": -0.159664
      },
      {
        "direction": "negative",
        "start": "2026-02-13",
        "end": "2026-04-10",
        "tenure": "Developing",
        "return": -0.112641
      },
      {
        "direction": "positive",
        "start": "2026-04-17",
        "end": "2026-05-01",
        "tenure": "Brief",
        "return": 0.100917
      },
      {
        "direction": "negative",
        "start": "2026-05-08",
        "end": "2026-05-15",
        "tenure": "Brief",
        "return": -0.059333
      },
      {
        "direction": "positive",
        "start": "2026-05-22",
        "end": "2026-06-12",
        "tenure": "Brief",
        "return": -0.01625
      },
      {
        "direction": "negative",
        "start": "2026-06-19",
        "end": "2026-08-14",
        "tenure": "Developing",
        "return": -0.002444
      }
    ]
  }
}