{
  "ticker": {
    "uuid": "69c75990-b9e9-4073-8eeb-2afa04b4ab2c",
    "symbol": "BILT",
    "name": "iShares Infrastructure Active ETF",
    "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": 27.88,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 24.108381,
    "boundary_margin": 0.156444,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.132176,
    "volatility_stability": 0.9282,
    "risk_context": 0.7566,
    "current_regime": {
      "move": -0.011698,
      "interruption": -0.011698,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 90.769,
    "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 15.6% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-31",
        "close": 28.21,
        "direction_boundary": 23.905677,
        "core_momentum": 0.180054,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.133477
      },
      {
        "date": "2026-08-07",
        "close": 27.88,
        "direction_boundary": 24.108381,
        "core_momentum": 0.156444,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.132176
      }
    ],
    "price_history": [
      {
        "date": "2025-08-01",
        "close": 23.905677,
        "volume": 41413
      },
      {
        "date": "2025-08-08",
        "close": 24.108381,
        "volume": 68278
      },
      {
        "date": "2025-08-15",
        "close": 24.294272,
        "volume": 220805
      },
      {
        "date": "2025-08-22",
        "close": 24.520118,
        "volume": 32064
      },
      {
        "date": "2025-08-29",
        "close": 24.144086,
        "volume": 19486
      },
      {
        "date": "2025-09-05",
        "close": 23.878568,
        "volume": 10330
      },
      {
        "date": "2025-09-12",
        "close": 24.179696,
        "volume": 24253
      },
      {
        "date": "2025-09-19",
        "close": 23.844428,
        "volume": 19908
      },
      {
        "date": "2025-09-26",
        "close": 24.260079,
        "volume": 6093
      },
      {
        "date": "2025-10-03",
        "close": 24.692304,
        "volume": 22621
      },
      {
        "date": "2025-10-10",
        "close": 24.531025,
        "volume": 24903
      },
      {
        "date": "2025-10-17",
        "close": 24.954253,
        "volume": 14067
      },
      {
        "date": "2025-10-24",
        "close": 24.817501,
        "volume": 15162
      },
      {
        "date": "2025-10-31",
        "close": 24.448159,
        "volume": 15747
      },
      {
        "date": "2025-11-07",
        "close": 24.641732,
        "volume": 12812
      },
      {
        "date": "2025-11-14",
        "close": 24.848564,
        "volume": 6566
      },
      {
        "date": "2025-11-21",
        "close": 24.622887,
        "volume": 26455
      },
      {
        "date": "2025-11-28",
        "close": 25.222262,
        "volume": 30132
      },
      {
        "date": "2025-12-05",
        "close": 24.67933,
        "volume": 17998
      },
      {
        "date": "2025-12-12",
        "close": 24.561045,
        "volume": 7809
      },
      {
        "date": "2025-12-19",
        "close": 24.34736,
        "volume": 59346
      },
      {
        "date": "2025-12-26",
        "close": 24.675653,
        "volume": 12091
      },
      {
        "date": "2026-01-02",
        "close": 24.793384,
        "volume": 4140
      },
      {
        "date": "2026-01-09",
        "close": 24.738812,
        "volume": 28141
      },
      {
        "date": "2026-01-16",
        "close": 25.258107,
        "volume": 25702
      },
      {
        "date": "2026-01-23",
        "close": 25.301708,
        "volume": 15007
      },
      {
        "date": "2026-01-30",
        "close": 25.877866,
        "volume": 24286
      },
      {
        "date": "2026-02-06",
        "close": 26.458412,
        "volume": 6753
      },
      {
        "date": "2026-02-13",
        "close": 27.818808,
        "volume": 7403
      },
      {
        "date": "2026-02-20",
        "close": 27.757653,
        "volume": 26789
      },
      {
        "date": "2026-02-27",
        "close": 28.339153,
        "volume": 19063
      },
      {
        "date": "2026-03-06",
        "close": 27.647745,
        "volume": 12169
      },
      {
        "date": "2026-03-13",
        "close": 27.513413,
        "volume": 124520
      },
      {
        "date": "2026-03-20",
        "close": 26.813831,
        "volume": 11279
      },
      {
        "date": "2026-03-27",
        "close": 27.182881,
        "volume": 13660
      },
      {
        "date": "2026-04-03",
        "close": 27.790073,
        "volume": 9607
      },
      {
        "date": "2026-04-10",
        "close": 28.299229,
        "volume": 18293
      },
      {
        "date": "2026-04-17",
        "close": 27.978192,
        "volume": 16380
      },
      {
        "date": "2026-04-24",
        "close": 27.942063,
        "volume": 31260
      },
      {
        "date": "2026-05-01",
        "close": 28.318396,
        "volume": 8808
      },
      {
        "date": "2026-05-08",
        "close": 27.778286,
        "volume": 13718
      },
      {
        "date": "2026-05-15",
        "close": 27.417574,
        "volume": 15947
      },
      {
        "date": "2026-05-22",
        "close": 28.222563,
        "volume": 161699
      },
      {
        "date": "2026-05-29",
        "close": 27.906317,
        "volume": 11495
      },
      {
        "date": "2026-06-05",
        "close": 27.961229,
        "volume": 25947
      },
      {
        "date": "2026-06-12",
        "close": 28.21298,
        "volume": 35352
      },
      {
        "date": "2026-06-19",
        "close": 27.7715,
        "volume": 22013
      },
      {
        "date": "2026-06-26",
        "close": 28.4846,
        "volume": 20947
      },
      {
        "date": "2026-07-03",
        "close": 28.51,
        "volume": 2097281
      },
      {
        "date": "2026-07-10",
        "close": 28.497,
        "volume": 102490
      },
      {
        "date": "2026-07-17",
        "close": 28.52,
        "volume": 269964
      },
      {
        "date": "2026-07-24",
        "close": 28.8593,
        "volume": 757907
      },
      {
        "date": "2026-07-31",
        "close": 28.21,
        "volume": 81132
      },
      {
        "date": "2026-08-07",
        "close": 27.88,
        "volume": 109440
      }
    ],
    "sharemaestro_context": {
      "trend": 27.684296,
      "fair_value": 26.263675,
      "market_activity": 26.444342,
      "market_dynamics": -0.141616,
      "relative_strength": -5.613993
    },
    "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": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": -0.011698
      }
    ]
  }
}