{
  "ticker": {
    "uuid": "5e26425d-fedc-4f28-bab8-bcb9fd53c0b5",
    "symbol": "TMAR",
    "name": "FT VEST EMERGING MARKETS 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": 25.978,
    "direction": "positive",
    "state": "Positive, shorter trend weakening",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 21.42,
    "boundary_margin": 0.212792,
    "trend_agreement": "Broadly aligned",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.141751,
    "volatility_stability": 1.398,
    "risk_context": 0.7055,
    "current_regime": {
      "move": 0.125076,
      "interruption": -0.050455,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 87.692,
    "interpretation": {
      "label": "Positive, shorter trend weakening",
      "headline": "Positive, shorter trend weakening",
      "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 is established.",
      "boundary_context": "The latest close is 21.3% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-03-27",
        "close": 23.09,
        "direction_boundary": 19.6902,
        "core_momentum": 0.172665,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.053627
      },
      {
        "date": "2026-04-03",
        "close": 23.5585,
        "direction_boundary": 18.6991,
        "core_momentum": 0.259873,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.05903
      },
      {
        "date": "2026-04-10",
        "close": 24.7197,
        "direction_boundary": 18.95,
        "core_momentum": 0.30447,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.079704
      },
      {
        "date": "2026-04-17",
        "close": 25.4557,
        "direction_boundary": 19.0186,
        "core_momentum": 0.338463,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.084904
      },
      {
        "date": "2026-04-24",
        "close": 25.5024,
        "direction_boundary": 19.5642,
        "core_momentum": 0.303524,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.084977
      },
      {
        "date": "2026-05-01",
        "close": 25.5,
        "direction_boundary": 19.9675,
        "core_momentum": 0.277075,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.08508
      },
      {
        "date": "2026-05-08",
        "close": 26.3401,
        "direction_boundary": 19.9935,
        "core_momentum": 0.317433,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.092407
      },
      {
        "date": "2026-05-15",
        "close": 25.6043,
        "direction_boundary": 20.19,
        "core_momentum": 0.268167,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.104072
      },
      {
        "date": "2026-05-22",
        "close": 25.705,
        "direction_boundary": 20.33,
        "core_momentum": 0.264388,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.101606
      },
      {
        "date": "2026-05-29",
        "close": 26.0719,
        "direction_boundary": 20.1,
        "core_momentum": 0.297109,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.101863
      },
      {
        "date": "2026-06-05",
        "close": 25.19,
        "direction_boundary": 20.5105,
        "core_momentum": 0.228151,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.116002
      },
      {
        "date": "2026-06-12",
        "close": 25.8207,
        "direction_boundary": 20.6119,
        "core_momentum": 0.252708,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.1192
      },
      {
        "date": "2026-06-19",
        "close": 26.4059,
        "direction_boundary": 20.4797,
        "core_momentum": 0.289369,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.121564
      },
      {
        "date": "2026-06-26",
        "close": 25.736,
        "direction_boundary": 20.9989,
        "core_momentum": 0.225588,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.129147
      },
      {
        "date": "2026-07-03",
        "close": 25.4761,
        "direction_boundary": 21.1491,
        "core_momentum": 0.204595,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.130747
      },
      {
        "date": "2026-07-10",
        "close": 25.8122,
        "direction_boundary": 21.074,
        "core_momentum": 0.224836,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.131351
      },
      {
        "date": "2026-07-17",
        "close": 25.0736,
        "direction_boundary": 21.2876,
        "core_momentum": 0.17785,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.139255
      },
      {
        "date": "2026-07-24",
        "close": 25.0952,
        "direction_boundary": 21.3881,
        "core_momentum": 0.173325,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.139285
      },
      {
        "date": "2026-07-31",
        "close": 25.5688,
        "direction_boundary": 21.0773,
        "core_momentum": 0.213097,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.140813
      },
      {
        "date": "2026-08-07",
        "close": 25.978,
        "direction_boundary": 21.42,
        "core_momentum": 0.212792,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.141751
      }
    ],
    "price_history": [
      {
        "date": "2025-03-28",
        "close": 19.6902,
        "volume": 99402
      },
      {
        "date": "2025-04-04",
        "close": 18.6991,
        "volume": 19572
      },
      {
        "date": "2025-04-11",
        "close": 18.95,
        "volume": 4259
      },
      {
        "date": "2025-04-18",
        "close": 19.0186,
        "volume": 3892
      },
      {
        "date": "2025-04-25",
        "close": 19.5642,
        "volume": 14090
      },
      {
        "date": "2025-05-02",
        "close": 19.9675,
        "volume": 45946
      },
      {
        "date": "2025-05-09",
        "close": 19.9935,
        "volume": 38321
      },
      {
        "date": "2025-05-16",
        "close": 20.19,
        "volume": 48297
      },
      {
        "date": "2025-05-23",
        "close": 20.33,
        "volume": 25744
      },
      {
        "date": "2025-05-30",
        "close": 20.1,
        "volume": 45212
      },
      {
        "date": "2025-06-06",
        "close": 20.5105,
        "volume": 31976
      },
      {
        "date": "2025-06-13",
        "close": 20.6119,
        "volume": 23178
      },
      {
        "date": "2025-06-20",
        "close": 20.4797,
        "volume": 40075
      },
      {
        "date": "2025-06-27",
        "close": 20.9989,
        "volume": 20227
      },
      {
        "date": "2025-07-04",
        "close": 21.1491,
        "volume": 8209
      },
      {
        "date": "2025-07-11",
        "close": 21.074,
        "volume": 4544
      },
      {
        "date": "2025-07-18",
        "close": 21.2876,
        "volume": 144
      },
      {
        "date": "2025-07-25",
        "close": 21.3881,
        "volume": 780
      },
      {
        "date": "2025-08-01",
        "close": 21.0773,
        "volume": 101
      },
      {
        "date": "2025-08-08",
        "close": 21.42,
        "volume": 2846
      },
      {
        "date": "2025-08-15",
        "close": 21.5717,
        "volume": 19580
      },
      {
        "date": "2025-08-22",
        "close": 21.7418,
        "volume": 1772
      },
      {
        "date": "2025-08-29",
        "close": 21.5826,
        "volume": 777
      },
      {
        "date": "2025-09-05",
        "close": 21.7333,
        "volume": 4
      },
      {
        "date": "2025-09-12",
        "close": 22.105,
        "volume": 1283
      },
      {
        "date": "2025-09-19",
        "close": 22.1953,
        "volume": 29
      },
      {
        "date": "2025-09-26",
        "close": 22.2,
        "volume": 752
      },
      {
        "date": "2025-10-03",
        "close": 22.3646,
        "volume": 0
      },
      {
        "date": "2025-10-10",
        "close": 21.9086,
        "volume": 1536
      },
      {
        "date": "2025-10-17",
        "close": 22.3053,
        "volume": 4
      },
      {
        "date": "2025-10-24",
        "close": 22.4597,
        "volume": 558
      },
      {
        "date": "2025-10-31",
        "close": 22.4796,
        "volume": 64
      },
      {
        "date": "2025-11-07",
        "close": 22.4125,
        "volume": 1066
      },
      {
        "date": "2025-11-14",
        "close": 22.4849,
        "volume": 386
      },
      {
        "date": "2025-11-21",
        "close": 22.2455,
        "volume": 0
      },
      {
        "date": "2025-11-28",
        "close": 22.525,
        "volume": 4264
      },
      {
        "date": "2025-12-05",
        "close": 22.6588,
        "volume": 7000
      },
      {
        "date": "2025-12-12",
        "close": 22.6374,
        "volume": 53383
      },
      {
        "date": "2025-12-19",
        "close": 22.7154,
        "volume": 644
      },
      {
        "date": "2025-12-26",
        "close": 22.8665,
        "volume": 119
      },
      {
        "date": "2026-01-02",
        "close": 22.96,
        "volume": 1075
      },
      {
        "date": "2026-01-09",
        "close": 23.04,
        "volume": 230
      },
      {
        "date": "2026-01-16",
        "close": 23.0623,
        "volume": 3201
      },
      {
        "date": "2026-01-23",
        "close": 23.11,
        "volume": 499
      },
      {
        "date": "2026-01-30",
        "close": 23.1,
        "volume": 6
      },
      {
        "date": "2026-02-06",
        "close": 23.1469,
        "volume": 3329
      },
      {
        "date": "2026-02-13",
        "close": 23.1678,
        "volume": 13
      },
      {
        "date": "2026-02-20",
        "close": 23.215,
        "volume": 909
      },
      {
        "date": "2026-02-27",
        "close": 23.2209,
        "volume": 1877
      },
      {
        "date": "2026-03-06",
        "close": 23.0602,
        "volume": 3608
      },
      {
        "date": "2026-03-13",
        "close": 23.205,
        "volume": 2184
      },
      {
        "date": "2026-03-20",
        "close": 23.33,
        "volume": 22577
      },
      {
        "date": "2026-03-27",
        "close": 23.09,
        "volume": 193142
      },
      {
        "date": "2026-04-03",
        "close": 23.5585,
        "volume": 164519
      },
      {
        "date": "2026-04-10",
        "close": 24.7197,
        "volume": 32816
      },
      {
        "date": "2026-04-17",
        "close": 25.4557,
        "volume": 24369
      },
      {
        "date": "2026-04-24",
        "close": 25.5024,
        "volume": 56726
      },
      {
        "date": "2026-05-01",
        "close": 25.5,
        "volume": 28586
      },
      {
        "date": "2026-05-08",
        "close": 26.3401,
        "volume": 56552
      },
      {
        "date": "2026-05-15",
        "close": 25.6043,
        "volume": 25723
      },
      {
        "date": "2026-05-22",
        "close": 25.705,
        "volume": 12058
      },
      {
        "date": "2026-05-29",
        "close": 26.0719,
        "volume": 8031
      },
      {
        "date": "2026-06-05",
        "close": 25.19,
        "volume": 27385
      },
      {
        "date": "2026-06-12",
        "close": 25.8207,
        "volume": 42711
      },
      {
        "date": "2026-06-19",
        "close": 26.4059,
        "volume": 8672
      },
      {
        "date": "2026-06-26",
        "close": 25.736,
        "volume": 316043
      },
      {
        "date": "2026-07-03",
        "close": 25.4761,
        "volume": 16340
      },
      {
        "date": "2026-07-10",
        "close": 25.8122,
        "volume": 16308
      },
      {
        "date": "2026-07-17",
        "close": 25.0736,
        "volume": 23125
      },
      {
        "date": "2026-07-24",
        "close": 25.0952,
        "volume": 19692
      },
      {
        "date": "2026-07-31",
        "close": 25.5688,
        "volume": 8647
      },
      {
        "date": "2026-08-07",
        "close": 25.978,
        "volume": 28466
      }
    ],
    "sharemaestro_context": {
      "trend": 24.644073,
      "fair_value": 22.736332,
      "market_activity": 23.390984,
      "market_dynamics": -0.624536,
      "relative_strength": -2.004355
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "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": "2026-03-27",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.125076
      }
    ]
  }
}