{
  "ticker": {
    "uuid": "5d87de8a-e6f1-48eb-9dc0-e682a6b9f4fa",
    "symbol": "SPQD",
    "name": "Invesco Markets II plc - Invesco S&P 500 Quality UCITS ETF Dist",
    "exchange": "MIL",
    "country": "IT",
    "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": 5.426,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 4.405795,
    "boundary_margin": 0.23156,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.106873,
    "volatility_stability": 1.5928,
    "risk_context": 0.9357,
    "current_regime": {
      "move": -0.030725,
      "interruption": -0.04323,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 92.692,
    "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 23.2% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-06-26",
        "close": 5.598,
        "direction_boundary": 4.301497,
        "core_momentum": 0.301407,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.099141
      },
      {
        "date": "2026-07-03",
        "close": 5.586,
        "direction_boundary": 4.399338,
        "core_momentum": 0.269736,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.099498
      },
      {
        "date": "2026-07-10",
        "close": 5.5,
        "direction_boundary": 4.390894,
        "core_momentum": 0.252592,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.103948
      },
      {
        "date": "2026-07-17",
        "close": 5.519,
        "direction_boundary": 4.390894,
        "core_momentum": 0.256919,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.098091
      },
      {
        "date": "2026-07-24",
        "close": 5.394,
        "direction_boundary": 4.390894,
        "core_momentum": 0.228451,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.10552
      },
      {
        "date": "2026-07-31",
        "close": 5.356,
        "direction_boundary": 4.390894,
        "core_momentum": 0.219797,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.106588
      },
      {
        "date": "2026-08-07",
        "close": 5.426,
        "direction_boundary": 4.405795,
        "core_momentum": 0.23156,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.106873
      }
    ],
    "price_history": [
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        "date": "2025-06-27",
        "close": 4.301497,
        "volume": 100
      },
      {
        "date": "2025-07-04",
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        "volume": 0
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        "date": "2025-07-25",
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        "volume": 0
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        "date": "2025-08-01",
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        "date": "2025-08-08",
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        "volume": 100
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        "date": "2025-08-15",
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        "date": "2025-08-22",
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        "volume": 14470
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        "date": "2026-03-20",
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        "date": "2026-03-27",
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        "date": "2026-04-03",
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      {
        "date": "2026-04-10",
        "close": 4.78055,
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        "date": "2026-04-17",
        "close": 4.78055,
        "volume": 0
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      {
        "date": "2026-04-24",
        "close": 4.897805,
        "volume": 250
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      {
        "date": "2026-05-01",
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        "date": "2026-05-08",
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      {
        "date": "2026-05-15",
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        "volume": 0
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      {
        "date": "2026-05-22",
        "close": 5.082421,
        "volume": 275
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      {
        "date": "2026-05-29",
        "close": 5.296975,
        "volume": 20692
      },
      {
        "date": "2026-06-05",
        "close": 5.3808,
        "volume": 950
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      {
        "date": "2026-06-12",
        "close": 5.392,
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      {
        "date": "2026-06-19",
        "close": 5.392,
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      {
        "date": "2026-06-26",
        "close": 5.598,
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        "date": "2026-07-03",
        "close": 5.586,
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      {
        "date": "2026-07-10",
        "close": 5.5,
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      {
        "date": "2026-07-17",
        "close": 5.519,
        "volume": 15070
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      {
        "date": "2026-07-24",
        "close": 5.394,
        "volume": 30092
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        "date": "2026-07-31",
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        "date": "2026-08-07",
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        "volume": 897
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    ],
    "sharemaestro_context": {
      "trend": 5.048814,
      "fair_value": 4.782598,
      "market_activity": 44.109,
      "market_dynamics": 0.355792,
      "relative_strength": -3.580858
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.036442,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.0,
        "sufficient": false
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        "horizon": "Intermediate",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
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        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
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        "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": "2026-06-26",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.030725
      }
    ]
  }
}