{
  "ticker": {
    "uuid": "625058f9-2b40-4d53-9042-f6e3703afd10",
    "symbol": "CLOB",
    "name": "VANECK AA-BB CLO ETF",
    "exchange": "NYSEARCA",
    "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": 50.2891,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 48.212773,
    "boundary_margin": 0.043066,
    "trend_agreement": "Fully aligned",
    "persistence": "Mature",
    "direction_turnover": "Low",
    "annualized_volatility": 0.022238,
    "volatility_stability": 0.7769,
    "risk_context": 1.5,
    "current_regime": {
      "move": 0.034532,
      "interruption": -0.018194,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 100.0,
    "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 has persisted into a mature lifecycle.",
      "boundary_context": "The latest close is 4.3% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2025-09-26",
        "close": 48.610467,
        "direction_boundary": 45.066108,
        "core_momentum": 0.078648,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.087647
      },
      {
        "date": "2025-10-03",
        "close": 48.80447,
        "direction_boundary": 45.191966,
        "core_momentum": 0.079937,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.039995
      },
      {
        "date": "2025-10-10",
        "close": 48.650546,
        "direction_boundary": 45.2504,
        "core_momentum": 0.075141,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.022228
      },
      {
        "date": "2025-10-17",
        "close": 48.749004,
        "direction_boundary": 45.313329,
        "core_momentum": 0.07582,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.02207
      },
      {
        "date": "2025-10-24",
        "close": 48.950525,
        "direction_boundary": 45.403228,
        "core_momentum": 0.078129,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.021468
      },
      {
        "date": "2025-10-31",
        "close": 48.933444,
        "direction_boundary": 45.506251,
        "core_momentum": 0.075313,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.018832
      },
      {
        "date": "2025-11-07",
        "close": 49.117835,
        "direction_boundary": 45.614621,
        "core_momentum": 0.0768,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.018979
      },
      {
        "date": "2025-11-14",
        "close": 49.136362,
        "direction_boundary": 45.677837,
        "core_momentum": 0.075716,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015466
      },
      {
        "date": "2025-11-21",
        "close": 49.118896,
        "direction_boundary": 45.777176,
        "core_momentum": 0.073,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015135
      },
      {
        "date": "2025-11-28",
        "close": 49.139161,
        "direction_boundary": 45.853937,
        "core_momentum": 0.071645,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.015208
      },
      {
        "date": "2025-12-05",
        "close": 49.238002,
        "direction_boundary": 46.016929,
        "core_momentum": 0.069998,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.01487
      },
      {
        "date": "2025-12-12",
        "close": 49.334127,
        "direction_boundary": 46.115166,
        "core_momentum": 0.069803,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.013733
      },
      {
        "date": "2025-12-19",
        "close": 49.430155,
        "direction_boundary": 46.165148,
        "core_momentum": 0.070724,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.013736
      },
      {
        "date": "2025-12-26",
        "close": 49.48942,
        "direction_boundary": 46.224309,
        "core_momentum": 0.070636,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.013701
      },
      {
        "date": "2026-01-02",
        "close": 49.502332,
        "direction_boundary": 46.297419,
        "core_momentum": 0.069224,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.012793
      },
      {
        "date": "2026-01-09",
        "close": 49.631976,
        "direction_boundary": 46.3751,
        "core_momentum": 0.070229,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.012911
      },
      {
        "date": "2026-01-16",
        "close": 49.658628,
        "direction_boundary": 46.461919,
        "core_momentum": 0.068803,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.012917
      },
      {
        "date": "2026-01-23",
        "close": 49.664485,
        "direction_boundary": 46.53503,
        "core_momentum": 0.067249,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.01257
      },
      {
        "date": "2026-01-30",
        "close": 49.739363,
        "direction_boundary": 46.640126,
        "core_momentum": 0.06645,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.012565
      },
      {
        "date": "2026-02-06",
        "close": 49.658602,
        "direction_boundary": 46.758675,
        "core_momentum": 0.062019,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.012351
      },
      {
        "date": "2026-02-13",
        "close": 49.710585,
        "direction_boundary": 46.795435,
        "core_momentum": 0.062296,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.012351
      },
      {
        "date": "2026-02-20",
        "close": 49.580137,
        "direction_boundary": 46.83679,
        "core_momentum": 0.058572,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.013404
      },
      {
        "date": "2026-02-27",
        "close": 49.13877,
        "direction_boundary": 46.884578,
        "core_momentum": 0.04808,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.019193
      },
      {
        "date": "2026-03-06",
        "close": 48.834424,
        "direction_boundary": 46.937274,
        "core_momentum": 0.040419,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.020943
      },
      {
        "date": "2026-03-13",
        "close": 49.019963,
        "direction_boundary": 46.909593,
        "core_momentum": 0.044988,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.021341
      },
      {
        "date": "2026-03-20",
        "close": 49.109234,
        "direction_boundary": 46.692761,
        "core_momentum": 0.051753,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.021306
      },
      {
        "date": "2026-03-27",
        "close": 49.148648,
        "direction_boundary": 46.727916,
        "core_momentum": 0.051805,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.02131
      },
      {
        "date": "2026-04-03",
        "close": 49.281147,
        "direction_boundary": 44.335428,
        "core_momentum": 0.111552,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.020951
      },
      {
        "date": "2026-04-10",
        "close": 49.414248,
        "direction_boundary": 45.568681,
        "core_momentum": 0.084391,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.020546
      },
      {
        "date": "2026-04-17",
        "close": 49.660546,
        "direction_boundary": 45.769508,
        "core_momentum": 0.085014,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.021347
      },
      {
        "date": "2026-04-24",
        "close": 49.735316,
        "direction_boundary": 46.063374,
        "core_momentum": 0.079715,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020811
      },
      {
        "date": "2026-05-01",
        "close": 49.895172,
        "direction_boundary": 46.519055,
        "core_momentum": 0.072575,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.021066
      },
      {
        "date": "2026-05-08",
        "close": 50.001313,
        "direction_boundary": 46.584366,
        "core_momentum": 0.07335,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020718
      },
      {
        "date": "2026-05-15",
        "close": 49.931806,
        "direction_boundary": 47.041909,
        "core_momentum": 0.061432,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020914
      },
      {
        "date": "2026-05-22",
        "close": 50.075374,
        "direction_boundary": 47.256499,
        "core_momentum": 0.059651,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.021092
      },
      {
        "date": "2026-05-29",
        "close": 50.094186,
        "direction_boundary": 47.32181,
        "core_momentum": 0.058586,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.021093
      },
      {
        "date": "2026-06-05",
        "close": 50.13913,
        "direction_boundary": 47.499384,
        "core_momentum": 0.055574,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.021016
      },
      {
        "date": "2026-06-12",
        "close": 50.193558,
        "direction_boundary": 47.376487,
        "core_momentum": 0.059461,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020947
      },
      {
        "date": "2026-06-19",
        "close": 50.176344,
        "direction_boundary": 47.43559,
        "core_momentum": 0.057778,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020907
      },
      {
        "date": "2026-06-26",
        "close": 50.259229,
        "direction_boundary": 47.546761,
        "core_momentum": 0.057048,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.020943
      },
      {
        "date": "2026-07-03",
        "close": 50.011688,
        "direction_boundary": 47.790512,
        "core_momentum": 0.046477,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.022305
      },
      {
        "date": "2026-07-10",
        "close": 50.090197,
        "direction_boundary": 47.862242,
        "core_momentum": 0.046549,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.022143
      },
      {
        "date": "2026-07-17",
        "close": 50.045519,
        "direction_boundary": 47.965119,
        "core_momentum": 0.043373,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.022208
      },
      {
        "date": "2026-07-24",
        "close": 50.079052,
        "direction_boundary": 47.913209,
        "core_momentum": 0.045203,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.022212
      },
      {
        "date": "2026-07-31",
        "close": 50.199551,
        "direction_boundary": 47.993056,
        "core_momentum": 0.045975,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.022342
      },
      {
        "date": "2026-08-07",
        "close": 50.2891,
        "direction_boundary": 48.212773,
        "core_momentum": 0.043066,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.022238
      }
    ],
    "price_history": [
      {
        "date": "2024-09-27",
        "close": 45.066108,
        "volume": 4908
      },
      {
        "date": "2024-10-04",
        "close": 45.191966,
        "volume": 43505
      },
      {
        "date": "2024-10-11",
        "close": 45.2504,
        "volume": 8270
      },
      {
        "date": "2024-10-18",
        "close": 45.313329,
        "volume": 13321
      },
      {
        "date": "2024-10-25",
        "close": 45.403228,
        "volume": 16182
      },
      {
        "date": "2024-11-01",
        "close": 45.506251,
        "volume": 24417
      },
      {
        "date": "2024-11-08",
        "close": 45.614621,
        "volume": 520605
      },
      {
        "date": "2024-11-15",
        "close": 45.677837,
        "volume": 16500
      },
      {
        "date": "2024-11-22",
        "close": 45.777176,
        "volume": 19132
      },
      {
        "date": "2024-11-29",
        "close": 45.853937,
        "volume": 8549
      },
      {
        "date": "2024-12-06",
        "close": 46.016929,
        "volume": 276244
      },
      {
        "date": "2024-12-13",
        "close": 46.115166,
        "volume": 79589
      },
      {
        "date": "2024-12-20",
        "close": 46.165148,
        "volume": 19584
      },
      {
        "date": "2024-12-27",
        "close": 46.224309,
        "volume": 29684
      },
      {
        "date": "2025-01-03",
        "close": 46.297419,
        "volume": 20130
      },
      {
        "date": "2025-01-10",
        "close": 46.3751,
        "volume": 29763
      },
      {
        "date": "2025-01-17",
        "close": 46.461919,
        "volume": 81989
      },
      {
        "date": "2025-01-24",
        "close": 46.53503,
        "volume": 32368
      },
      {
        "date": "2025-01-31",
        "close": 46.640126,
        "volume": 87307
      },
      {
        "date": "2025-02-07",
        "close": 46.758675,
        "volume": 186943
      },
      {
        "date": "2025-02-14",
        "close": 46.795435,
        "volume": 152748
      },
      {
        "date": "2025-02-21",
        "close": 46.83679,
        "volume": 42453
      },
      {
        "date": "2025-02-28",
        "close": 46.884578,
        "volume": 390236
      },
      {
        "date": "2025-03-07",
        "close": 46.937274,
        "volume": 126908
      },
      {
        "date": "2025-03-14",
        "close": 46.909593,
        "volume": 191530
      },
      {
        "date": "2025-03-21",
        "close": 46.692761,
        "volume": 101803
      },
      {
        "date": "2025-03-28",
        "close": 46.727916,
        "volume": 168469
      },
      {
        "date": "2025-04-04",
        "close": 44.335428,
        "volume": 271877
      },
      {
        "date": "2025-04-11",
        "close": 45.568681,
        "volume": 317521
      },
      {
        "date": "2025-04-18",
        "close": 45.769508,
        "volume": 57319
      },
      {
        "date": "2025-04-25",
        "close": 46.063374,
        "volume": 73028
      },
      {
        "date": "2025-05-02",
        "close": 46.519055,
        "volume": 144321
      },
      {
        "date": "2025-05-09",
        "close": 46.584366,
        "volume": 68552
      },
      {
        "date": "2025-05-16",
        "close": 47.041909,
        "volume": 282934
      },
      {
        "date": "2025-05-23",
        "close": 47.256499,
        "volume": 395545
      },
      {
        "date": "2025-05-30",
        "close": 47.32181,
        "volume": 31796
      },
      {
        "date": "2025-06-06",
        "close": 47.499384,
        "volume": 245494
      },
      {
        "date": "2025-06-13",
        "close": 47.376487,
        "volume": 43073
      },
      {
        "date": "2025-06-20",
        "close": 47.43559,
        "volume": 81801
      },
      {
        "date": "2025-06-27",
        "close": 47.546761,
        "volume": 72534
      },
      {
        "date": "2025-07-04",
        "close": 47.790512,
        "volume": 28302
      },
      {
        "date": "2025-07-11",
        "close": 47.862242,
        "volume": 90947
      },
      {
        "date": "2025-07-18",
        "close": 47.965119,
        "volume": 38501
      },
      {
        "date": "2025-07-25",
        "close": 47.913209,
        "volume": 13487
      },
      {
        "date": "2025-08-01",
        "close": 47.993056,
        "volume": 10587
      },
      {
        "date": "2025-08-08",
        "close": 48.212773,
        "volume": 551996
      },
      {
        "date": "2025-08-15",
        "close": 48.268415,
        "volume": 21532
      },
      {
        "date": "2025-08-22",
        "close": 48.326905,
        "volume": 35507
      },
      {
        "date": "2025-08-29",
        "close": 48.391851,
        "volume": 212352
      },
      {
        "date": "2025-09-05",
        "close": 48.554237,
        "volume": 128524
      },
      {
        "date": "2025-09-12",
        "close": 48.477864,
        "volume": 148797
      },
      {
        "date": "2025-09-19",
        "close": 48.578103,
        "volume": 8285
      },
      {
        "date": "2025-09-26",
        "close": 48.610467,
        "volume": 154636
      },
      {
        "date": "2025-10-03",
        "close": 48.80447,
        "volume": 300278
      },
      {
        "date": "2025-10-10",
        "close": 48.650546,
        "volume": 41281
      },
      {
        "date": "2025-10-17",
        "close": 48.749004,
        "volume": 26847
      },
      {
        "date": "2025-10-24",
        "close": 48.950525,
        "volume": 24772
      },
      {
        "date": "2025-10-31",
        "close": 48.933444,
        "volume": 45701
      },
      {
        "date": "2025-11-07",
        "close": 49.117835,
        "volume": 201042
      },
      {
        "date": "2025-11-14",
        "close": 49.136362,
        "volume": 50631
      },
      {
        "date": "2025-11-21",
        "close": 49.118896,
        "volume": 28300
      },
      {
        "date": "2025-11-28",
        "close": 49.139161,
        "volume": 23307
      },
      {
        "date": "2025-12-05",
        "close": 49.238002,
        "volume": 70576
      },
      {
        "date": "2025-12-12",
        "close": 49.334127,
        "volume": 37069
      },
      {
        "date": "2025-12-19",
        "close": 49.430155,
        "volume": 25195
      },
      {
        "date": "2025-12-26",
        "close": 49.48942,
        "volume": 112076
      },
      {
        "date": "2026-01-02",
        "close": 49.502332,
        "volume": 50495
      },
      {
        "date": "2026-01-09",
        "close": 49.631976,
        "volume": 28250
      },
      {
        "date": "2026-01-16",
        "close": 49.658628,
        "volume": 137614
      },
      {
        "date": "2026-01-23",
        "close": 49.664485,
        "volume": 174340
      },
      {
        "date": "2026-01-30",
        "close": 49.739363,
        "volume": 69996
      },
      {
        "date": "2026-02-06",
        "close": 49.658602,
        "volume": 91289
      },
      {
        "date": "2026-02-13",
        "close": 49.710585,
        "volume": 81957
      },
      {
        "date": "2026-02-20",
        "close": 49.580137,
        "volume": 310400
      },
      {
        "date": "2026-02-27",
        "close": 49.13877,
        "volume": 170802
      },
      {
        "date": "2026-03-06",
        "close": 48.834424,
        "volume": 87553
      },
      {
        "date": "2026-03-13",
        "close": 49.019963,
        "volume": 58206
      },
      {
        "date": "2026-03-20",
        "close": 49.109234,
        "volume": 92586
      },
      {
        "date": "2026-03-27",
        "close": 49.148648,
        "volume": 32060
      },
      {
        "date": "2026-04-03",
        "close": 49.281147,
        "volume": 25261
      },
      {
        "date": "2026-04-10",
        "close": 49.414248,
        "volume": 56258
      },
      {
        "date": "2026-04-17",
        "close": 49.660546,
        "volume": 80939
      },
      {
        "date": "2026-04-24",
        "close": 49.735316,
        "volume": 86519
      },
      {
        "date": "2026-05-01",
        "close": 49.895172,
        "volume": 61897
      },
      {
        "date": "2026-05-08",
        "close": 50.001313,
        "volume": 67414
      },
      {
        "date": "2026-05-15",
        "close": 49.931806,
        "volume": 49302
      },
      {
        "date": "2026-05-22",
        "close": 50.075374,
        "volume": 16668
      },
      {
        "date": "2026-05-29",
        "close": 50.094186,
        "volume": 53640
      },
      {
        "date": "2026-06-05",
        "close": 50.13913,
        "volume": 46858
      },
      {
        "date": "2026-06-12",
        "close": 50.193558,
        "volume": 36013
      },
      {
        "date": "2026-06-19",
        "close": 50.176344,
        "volume": 38691
      },
      {
        "date": "2026-06-26",
        "close": 50.259229,
        "volume": 48558
      },
      {
        "date": "2026-07-03",
        "close": 50.011688,
        "volume": 36466
      },
      {
        "date": "2026-07-10",
        "close": 50.090197,
        "volume": 45190
      },
      {
        "date": "2026-07-17",
        "close": 50.045519,
        "volume": 39647
      },
      {
        "date": "2026-07-24",
        "close": 50.079052,
        "volume": 240165
      },
      {
        "date": "2026-07-31",
        "close": 50.199551,
        "volume": 23596
      },
      {
        "date": "2026-08-07",
        "close": 50.2891,
        "volume": 90451
      }
    ],
    "sharemaestro_context": {
      "trend": 49.761177,
      "fair_value": 48.054635,
      "market_activity": 17.885541,
      "market_dynamics": -0.016484,
      "relative_strength": -9.375685
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": 0.004297,
        "directional_follow_through": 0.8,
        "regime_survival": 1.0,
        "conditional_difference": 0.000317,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.007752,
        "directional_follow_through": 0.6667,
        "regime_survival": 1.0,
        "conditional_difference": -0.001638,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 1,
        "median_return": 0.011071,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.004555,
        "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": "2025-09-26",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.034532
      }
    ]
  }
}