{
  "ticker": {
    "uuid": "600d1d5d-f93a-430d-9387-6a7a3c93466f",
    "symbol": "A2DU",
    "name": "BNP PARIBAS EASY II Bloomberg US Treasury 25Y+ UCITS ETF USD Dis",
    "exchange": "GER",
    "country": "DE",
    "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": 8.8812,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 8.951085,
    "boundary_margin": -0.007807,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "High",
    "annualized_volatility": 0.097242,
    "volatility_stability": 1.1716,
    "risk_context": 1.0284,
    "current_regime": {
      "move": 0.010812,
      "interruption": 0.010812,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 50.678,
    "interpretation": {
      "label": "Negative across all Trend views",
      "headline": "All measured Trend views are negative",
      "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 0.8% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is high."
    },
    "chart_path": [
      {
        "date": "2025-10-31",
        "close": 9.339184,
        "direction_boundary": 9.11053,
        "core_momentum": 0.025098,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.086386
      },
      {
        "date": "2025-11-07",
        "close": 9.316914,
        "direction_boundary": 9.181438,
        "core_momentum": 0.014755,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.085598
      },
      {
        "date": "2025-11-14",
        "close": 9.246,
        "direction_boundary": 8.956179,
        "core_momentum": 0.03236,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.085352
      },
      {
        "date": "2025-11-21",
        "close": 9.268271,
        "direction_boundary": 9.036066,
        "core_momentum": 0.025698,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.076827
      },
      {
        "date": "2025-11-28",
        "close": 9.348365,
        "direction_boundary": 9.362639,
        "core_momentum": -0.001525,
        "direction": "negative",
        "trend_agreement": 0.25,
        "volatility": 0.072417
      },
      {
        "date": "2025-12-05",
        "close": 9.173917,
        "direction_boundary": 9.455717,
        "core_momentum": -0.029802,
        "direction": "negative",
        "trend_agreement": 0.5,
        "volatility": 0.078005
      },
      {
        "date": "2025-12-12",
        "close": 9.080733,
        "direction_boundary": 9.059639,
        "core_momentum": 0.002328,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.079583
      },
      {
        "date": "2025-12-19",
        "close": 9.158092,
        "direction_boundary": 8.909778,
        "core_momentum": 0.02787,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.080204
      },
      {
        "date": "2025-12-26",
        "close": 9.147153,
        "direction_boundary": 8.792471,
        "core_momentum": 0.040339,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.077457
      },
      {
        "date": "2026-01-02",
        "close": 9.108669,
        "direction_boundary": 8.7906,
        "core_momentum": 0.036183,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.076958
      },
      {
        "date": "2026-01-09",
        "close": 9.166298,
        "direction_boundary": 8.596583,
        "core_momentum": 0.066272,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.075668
      },
      {
        "date": "2026-01-16",
        "close": 9.202242,
        "direction_boundary": 8.759915,
        "core_momentum": 0.050494,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.074429
      },
      {
        "date": "2026-01-23",
        "close": 9.172939,
        "direction_boundary": 8.751122,
        "core_momentum": 0.048201,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.074343
      },
      {
        "date": "2026-01-30",
        "close": 9.121758,
        "direction_boundary": 8.873857,
        "core_momentum": 0.027936,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.06764
      },
      {
        "date": "2026-02-06",
        "close": 9.153403,
        "direction_boundary": 8.998274,
        "core_momentum": 0.01724,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.067023
      },
      {
        "date": "2026-02-13",
        "close": 9.405603,
        "direction_boundary": 9.033073,
        "core_momentum": 0.041241,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.075416
      },
      {
        "date": "2026-02-20",
        "close": 9.36497,
        "direction_boundary": 8.997525,
        "core_momentum": 0.040838,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.075666
      },
      {
        "date": "2026-02-27",
        "close": 9.517931,
        "direction_boundary": 9.256649,
        "core_momentum": 0.028226,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.076761
      },
      {
        "date": "2026-03-06",
        "close": 9.311248,
        "direction_boundary": 9.197528,
        "core_momentum": 0.012364,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.07648
      },
      {
        "date": "2026-03-13",
        "close": 9.118241,
        "direction_boundary": 9.134105,
        "core_momentum": -0.001737,
        "direction": "negative",
        "trend_agreement": 0.5,
        "volatility": 0.080206
      },
      {
        "date": "2026-03-20",
        "close": 9.076436,
        "direction_boundary": 9.171148,
        "core_momentum": -0.010327,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.079734
      },
      {
        "date": "2026-03-27",
        "close": 9.07077,
        "direction_boundary": 9.097807,
        "core_momentum": -0.002972,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.07968
      },
      {
        "date": "2026-04-03",
        "close": 9.179191,
        "direction_boundary": 9.55441,
        "core_momentum": -0.039272,
        "direction": "negative",
        "trend_agreement": 0.5,
        "volatility": 0.08052
      },
      {
        "date": "2026-04-10",
        "close": 9.1582,
        "direction_boundary": 8.688745,
        "core_momentum": 0.05403,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.079354
      },
      {
        "date": "2026-04-17",
        "close": 9.2116,
        "direction_boundary": 8.886168,
        "core_momentum": 0.036622,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.078525
      },
      {
        "date": "2026-04-24",
        "close": 9.1592,
        "direction_boundary": 8.989271,
        "core_momentum": 0.018904,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.078606
      },
      {
        "date": "2026-05-01",
        "close": 9.081,
        "direction_boundary": 8.924164,
        "core_momentum": 0.017574,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.07773
      },
      {
        "date": "2026-05-08",
        "close": 9.1388,
        "direction_boundary": 8.858293,
        "core_momentum": 0.031666,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.078376
      },
      {
        "date": "2026-05-15",
        "close": 8.897,
        "direction_boundary": 8.781729,
        "core_momentum": 0.013126,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.085901
      },
      {
        "date": "2026-05-22",
        "close": 8.9508,
        "direction_boundary": 8.575139,
        "core_momentum": 0.043808,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.086374
      },
      {
        "date": "2026-05-29",
        "close": 9.1282,
        "direction_boundary": 8.764162,
        "core_momentum": 0.041537,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.090181
      },
      {
        "date": "2026-06-05",
        "close": 9.0812,
        "direction_boundary": 8.743159,
        "core_momentum": 0.038663,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.086671
      },
      {
        "date": "2026-06-12",
        "close": 9.1452,
        "direction_boundary": 8.789557,
        "core_momentum": 0.040462,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.086059
      },
      {
        "date": "2026-06-19",
        "close": 9.1886,
        "direction_boundary": 8.810177,
        "core_momentum": 0.042953,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.085499
      },
      {
        "date": "2026-06-26",
        "close": 9.3128,
        "direction_boundary": 8.952804,
        "core_momentum": 0.04021,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.087429
      },
      {
        "date": "2026-07-03",
        "close": 9.1366,
        "direction_boundary": 8.889032,
        "core_momentum": 0.027851,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.091444
      },
      {
        "date": "2026-07-10",
        "close": 9.0536,
        "direction_boundary": 8.801585,
        "core_momentum": 0.028633,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.091859
      },
      {
        "date": "2026-07-17",
        "close": 9.0574,
        "direction_boundary": 8.730749,
        "core_momentum": 0.037414,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.091652
      },
      {
        "date": "2026-07-24",
        "close": 8.9548,
        "direction_boundary": 8.795857,
        "core_momentum": 0.01807,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.092813
      },
      {
        "date": "2026-07-31",
        "close": 8.7862,
        "direction_boundary": 9.008174,
        "core_momentum": -0.024641,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.095972
      },
      {
        "date": "2026-08-07",
        "close": 8.8812,
        "direction_boundary": 8.951085,
        "core_momentum": -0.007807,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.097242
      }
    ],
    "price_history": [
      {
        "date": "2024-11-01",
        "close": 9.11053,
        "volume": 0
      },
      {
        "date": "2024-11-08",
        "close": 9.181438,
        "volume": 0
      },
      {
        "date": "2024-11-15",
        "close": 8.956179,
        "volume": 70284
      },
      {
        "date": "2024-11-22",
        "close": 9.036066,
        "volume": 117859
      },
      {
        "date": "2024-11-29",
        "close": 9.362639,
        "volume": 454
      },
      {
        "date": "2024-12-06",
        "close": 9.455717,
        "volume": 3058
      },
      {
        "date": "2024-12-13",
        "close": 9.059639,
        "volume": 227
      },
      {
        "date": "2024-12-20",
        "close": 8.909778,
        "volume": 0
      },
      {
        "date": "2024-12-27",
        "close": 8.792471,
        "volume": 0
      },
      {
        "date": "2025-01-03",
        "close": 8.7906,
        "volume": 0
      },
      {
        "date": "2025-01-10",
        "close": 8.596583,
        "volume": 16353
      },
      {
        "date": "2025-01-17",
        "close": 8.759915,
        "volume": 0
      },
      {
        "date": "2025-01-24",
        "close": 8.751122,
        "volume": 237
      },
      {
        "date": "2025-01-31",
        "close": 8.873857,
        "volume": 0
      },
      {
        "date": "2025-02-07",
        "close": 8.998274,
        "volume": 227
      },
      {
        "date": "2025-02-14",
        "close": 9.033073,
        "volume": 0
      },
      {
        "date": "2025-02-21",
        "close": 8.997525,
        "volume": 0
      },
      {
        "date": "2025-02-28",
        "close": 9.256649,
        "volume": 227
      },
      {
        "date": "2025-03-07",
        "close": 9.197528,
        "volume": 20229
      },
      {
        "date": "2025-03-14",
        "close": 9.134105,
        "volume": 14781
      },
      {
        "date": "2025-03-21",
        "close": 9.171148,
        "volume": 2597
      },
      {
        "date": "2025-03-28",
        "close": 9.097807,
        "volume": 1422
      },
      {
        "date": "2025-04-04",
        "close": 9.55441,
        "volume": 227
      },
      {
        "date": "2025-04-11",
        "close": 8.688745,
        "volume": 0
      },
      {
        "date": "2025-04-18",
        "close": 8.886168,
        "volume": 1315
      },
      {
        "date": "2025-04-25",
        "close": 8.989271,
        "volume": 0
      },
      {
        "date": "2025-05-02",
        "close": 8.924164,
        "volume": 1235
      },
      {
        "date": "2025-05-09",
        "close": 8.858293,
        "volume": 988
      },
      {
        "date": "2025-05-16",
        "close": 8.781729,
        "volume": 1542
      },
      {
        "date": "2025-05-23",
        "close": 8.575139,
        "volume": 5874
      },
      {
        "date": "2025-05-30",
        "close": 8.764162,
        "volume": 771
      },
      {
        "date": "2025-06-06",
        "close": 8.743159,
        "volume": 257
      },
      {
        "date": "2025-06-13",
        "close": 8.789557,
        "volume": 0
      },
      {
        "date": "2025-06-20",
        "close": 8.810177,
        "volume": 0
      },
      {
        "date": "2025-06-27",
        "close": 8.952804,
        "volume": 0
      },
      {
        "date": "2025-07-04",
        "close": 8.889032,
        "volume": 267
      },
      {
        "date": "2025-07-11",
        "close": 8.801585,
        "volume": 0
      },
      {
        "date": "2025-07-18",
        "close": 8.730749,
        "volume": 1068
      },
      {
        "date": "2025-07-25",
        "close": 8.795857,
        "volume": 0
      },
      {
        "date": "2025-08-01",
        "close": 9.008174,
        "volume": 801
      },
      {
        "date": "2025-08-08",
        "close": 8.951085,
        "volume": 0
      },
      {
        "date": "2025-08-15",
        "close": 8.894569,
        "volume": 257
      },
      {
        "date": "2025-08-22",
        "close": 8.95223,
        "volume": 8277
      },
      {
        "date": "2025-08-29",
        "close": 8.877385,
        "volume": 4112
      },
      {
        "date": "2025-09-05",
        "close": 9.110513,
        "volume": 257
      },
      {
        "date": "2025-09-12",
        "close": 9.226409,
        "volume": 514
      },
      {
        "date": "2025-09-19",
        "close": 9.154428,
        "volume": 0
      },
      {
        "date": "2025-09-26",
        "close": 9.170275,
        "volume": 0
      },
      {
        "date": "2025-10-03",
        "close": 9.250657,
        "volume": 0
      },
      {
        "date": "2025-10-10",
        "close": 9.337035,
        "volume": 0
      },
      {
        "date": "2025-10-17",
        "close": 9.427483,
        "volume": 1285
      },
      {
        "date": "2025-10-24",
        "close": 9.454442,
        "volume": 0
      },
      {
        "date": "2025-10-31",
        "close": 9.339184,
        "volume": 257
      },
      {
        "date": "2025-11-07",
        "close": 9.316914,
        "volume": 0
      },
      {
        "date": "2025-11-14",
        "close": 9.246,
        "volume": 257
      },
      {
        "date": "2025-11-21",
        "close": 9.268271,
        "volume": 257
      },
      {
        "date": "2025-11-28",
        "close": 9.348365,
        "volume": 0
      },
      {
        "date": "2025-12-05",
        "close": 9.173917,
        "volume": 0
      },
      {
        "date": "2025-12-12",
        "close": 9.080733,
        "volume": 0
      },
      {
        "date": "2025-12-19",
        "close": 9.158092,
        "volume": 0
      },
      {
        "date": "2025-12-26",
        "close": 9.147153,
        "volume": 0
      },
      {
        "date": "2026-01-02",
        "close": 9.108669,
        "volume": 0
      },
      {
        "date": "2026-01-09",
        "close": 9.166298,
        "volume": 0
      },
      {
        "date": "2026-01-16",
        "close": 9.202242,
        "volume": 0
      },
      {
        "date": "2026-01-23",
        "close": 9.172939,
        "volume": 250
      },
      {
        "date": "2026-01-30",
        "close": 9.121758,
        "volume": 0
      },
      {
        "date": "2026-02-06",
        "close": 9.153403,
        "volume": 0
      },
      {
        "date": "2026-02-13",
        "close": 9.405603,
        "volume": 0
      },
      {
        "date": "2026-02-20",
        "close": 9.36497,
        "volume": 245
      },
      {
        "date": "2026-02-27",
        "close": 9.517931,
        "volume": 0
      },
      {
        "date": "2026-03-06",
        "close": 9.311248,
        "volume": 0
      },
      {
        "date": "2026-03-13",
        "close": 9.118241,
        "volume": 0
      },
      {
        "date": "2026-03-20",
        "close": 9.076436,
        "volume": 0
      },
      {
        "date": "2026-03-27",
        "close": 9.07077,
        "volume": 0
      },
      {
        "date": "2026-04-03",
        "close": 9.179191,
        "volume": 247
      },
      {
        "date": "2026-04-10",
        "close": 9.1582,
        "volume": 0
      },
      {
        "date": "2026-04-17",
        "close": 9.2116,
        "volume": 0
      },
      {
        "date": "2026-04-24",
        "close": 9.1592,
        "volume": 0
      },
      {
        "date": "2026-05-01",
        "close": 9.081,
        "volume": 0
      },
      {
        "date": "2026-05-08",
        "close": 9.1388,
        "volume": 2590
      },
      {
        "date": "2026-05-15",
        "close": 8.897,
        "volume": 0
      },
      {
        "date": "2026-05-22",
        "close": 8.9508,
        "volume": 787
      },
      {
        "date": "2026-05-29",
        "close": 9.1282,
        "volume": 772
      },
      {
        "date": "2026-06-05",
        "close": 9.0812,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 9.1452,
        "volume": 508
      },
      {
        "date": "2026-06-19",
        "close": 9.1886,
        "volume": 0
      },
      {
        "date": "2026-06-26",
        "close": 9.3128,
        "volume": 0
      },
      {
        "date": "2026-07-03",
        "close": 9.1366,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 9.0536,
        "volume": 252
      },
      {
        "date": "2026-07-17",
        "close": 9.0574,
        "volume": 1015
      },
      {
        "date": "2026-07-24",
        "close": 8.9548,
        "volume": 255
      },
      {
        "date": "2026-07-31",
        "close": 8.7862,
        "volume": 0
      },
      {
        "date": "2026-08-07",
        "close": 8.8812,
        "volume": 0
      }
    ],
    "sharemaestro_context": {
      "trend": 9.133904,
      "fair_value": 9.06713,
      "market_activity": -22.222989,
      "market_dynamics": -0.583331,
      "relative_strength": -10.411565
    },
    "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": "2025-10-31",
        "end": "2025-11-21",
        "tenure": "Brief",
        "return": -0.007593
      },
      {
        "direction": "negative",
        "start": "2025-11-28",
        "end": "2025-12-05",
        "tenure": "Brief",
        "return": -0.018661
      },
      {
        "direction": "positive",
        "start": "2025-12-12",
        "end": "2026-03-06",
        "tenure": "Established",
        "return": 0.025385
      },
      {
        "direction": "negative",
        "start": "2026-03-13",
        "end": "2026-04-03",
        "tenure": "Brief",
        "return": 0.006684
      },
      {
        "direction": "positive",
        "start": "2026-04-10",
        "end": "2026-07-24",
        "tenure": "Established",
        "return": -0.02221
      },
      {
        "direction": "negative",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.010812
      }
    ]
  }
}