{
  "ticker": {
    "uuid": "6f8b2c51-3cf4-4ac7-b663-2e7a599e8378",
    "symbol": "83455",
    "name": "Invesco QQQ Trust, Series 1",
    "exchange": "HKG",
    "country": "HK",
    "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": 4836.0,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 4088.507568,
    "boundary_margin": 0.182828,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.164466,
    "volatility_stability": 0.9089,
    "risk_context": 0.608,
    "current_regime": {
      "move": 0.159481,
      "interruption": -0.061824,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 99.231,
    "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 is established.",
      "boundary_context": "The latest close is 18.3% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-02-27",
        "close": 4170.833008,
        "direction_boundary": 3647.885254,
        "core_momentum": 0.143356,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.157455
      },
      {
        "date": "2026-03-06",
        "close": 4195.801758,
        "direction_boundary": 3548.080322,
        "core_momentum": 0.182555,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.157521
      },
      {
        "date": "2026-03-13",
        "close": 4102.916992,
        "direction_boundary": 3410.348633,
        "core_momentum": 0.203078,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.160206
      },
      {
        "date": "2026-03-20",
        "close": 4084.939209,
        "direction_boundary": 3465.241455,
        "core_momentum": 0.178832,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.158073
      },
      {
        "date": "2026-03-27",
        "close": 3984.0,
        "direction_boundary": 3474.94043,
        "core_momentum": 0.146494,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.161273
      },
      {
        "date": "2026-04-03",
        "close": 3978.0,
        "direction_boundary": 3367.12793,
        "core_momentum": 0.181422,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.157802
      },
      {
        "date": "2026-04-10",
        "close": 4171.0,
        "direction_boundary": 3281.277832,
        "core_momentum": 0.271151,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.172391
      },
      {
        "date": "2026-04-17",
        "close": 4373.0,
        "direction_boundary": 3279.28125,
        "core_momentum": 0.333524,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.179179
      },
      {
        "date": "2026-04-24",
        "close": 4478.030762,
        "direction_boundary": 3419.037598,
        "core_momentum": 0.309734,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.179087
      },
      {
        "date": "2026-05-01",
        "close": 4521.981934,
        "direction_boundary": 3483.924561,
        "core_momentum": 0.297956,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.169085
      },
      {
        "date": "2026-05-08",
        "close": 4746.732422,
        "direction_boundary": 3538.829102,
        "core_momentum": 0.341329,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.175196
      },
      {
        "date": "2026-05-15",
        "close": 4850.617188,
        "direction_boundary": 3736.484131,
        "core_momentum": 0.298177,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.174907
      },
      {
        "date": "2026-05-22",
        "close": 4874.59082,
        "direction_boundary": 3695.555664,
        "core_momentum": 0.319041,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.16546
      },
      {
        "date": "2026-05-29",
        "close": 4973.480957,
        "direction_boundary": 3728.498047,
        "core_momentum": 0.33391,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.157217
      },
      {
        "date": "2026-06-05",
        "close": 4960.495117,
        "direction_boundary": 3776.414307,
        "core_momentum": 0.313546,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.156939
      },
      {
        "date": "2026-06-12",
        "close": 4834.635254,
        "direction_boundary": 3774.417969,
        "core_momentum": 0.280896,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.162206
      },
      {
        "date": "2026-06-19",
        "close": 4967.487793,
        "direction_boundary": 3791.388184,
        "core_momentum": 0.310203,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.160304
      },
      {
        "date": "2026-06-26",
        "close": 4840.0,
        "direction_boundary": 3919.775635,
        "core_momentum": 0.234765,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.165557
      },
      {
        "date": "2026-07-03",
        "close": 4888.0,
        "direction_boundary": 3957.715332,
        "core_momentum": 0.235056,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.16441
      },
      {
        "date": "2026-07-10",
        "close": 4880.0,
        "direction_boundary": 3960.710693,
        "core_momentum": 0.232102,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.164649
      },
      {
        "date": "2026-07-17",
        "close": 4703.0,
        "direction_boundary": 4031.5979,
        "core_momentum": 0.166535,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.174456
      },
      {
        "date": "2026-07-24",
        "close": 4695.0,
        "direction_boundary": 4044.577393,
        "core_momentum": 0.160813,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.174204
      },
      {
        "date": "2026-07-31",
        "close": 4666.0,
        "direction_boundary": 4041.582275,
        "core_momentum": 0.154498,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.174668
      },
      {
        "date": "2026-08-07",
        "close": 4836.0,
        "direction_boundary": 4088.507568,
        "core_momentum": 0.182828,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.164466
      }
    ],
    "price_history": [
      {
        "date": "2025-02-28",
        "close": 3647.885254,
        "volume": 0
      },
      {
        "date": "2025-03-07",
        "close": 3548.080322,
        "volume": 12
      },
      {
        "date": "2025-03-14",
        "close": 3410.348633,
        "volume": 20
      },
      {
        "date": "2025-03-21",
        "close": 3465.241455,
        "volume": 0
      },
      {
        "date": "2025-03-28",
        "close": 3474.94043,
        "volume": 0
      },
      {
        "date": "2025-04-04",
        "close": 3367.12793,
        "volume": 121
      },
      {
        "date": "2025-04-11",
        "close": 3281.277832,
        "volume": 463
      },
      {
        "date": "2025-04-18",
        "close": 3279.28125,
        "volume": 0
      },
      {
        "date": "2025-04-25",
        "close": 3419.037598,
        "volume": 0
      },
      {
        "date": "2025-05-02",
        "close": 3483.924561,
        "volume": 0
      },
      {
        "date": "2025-05-09",
        "close": 3538.829102,
        "volume": 0
      },
      {
        "date": "2025-05-16",
        "close": 3736.484131,
        "volume": 333
      },
      {
        "date": "2025-05-23",
        "close": 3695.555664,
        "volume": 201
      },
      {
        "date": "2025-05-30",
        "close": 3728.498047,
        "volume": 1
      },
      {
        "date": "2025-06-06",
        "close": 3776.414307,
        "volume": 4
      },
      {
        "date": "2025-06-13",
        "close": 3774.417969,
        "volume": 1
      },
      {
        "date": "2025-06-20",
        "close": 3791.388184,
        "volume": 2
      },
      {
        "date": "2025-06-27",
        "close": 3919.775635,
        "volume": 17
      },
      {
        "date": "2025-07-04",
        "close": 3957.715332,
        "volume": 70
      },
      {
        "date": "2025-07-11",
        "close": 3960.710693,
        "volume": 15
      },
      {
        "date": "2025-07-18",
        "close": 4031.5979,
        "volume": 6
      },
      {
        "date": "2025-07-25",
        "close": 4044.577393,
        "volume": 93
      },
      {
        "date": "2025-08-01",
        "close": 4041.582275,
        "volume": 101
      },
      {
        "date": "2025-08-08",
        "close": 4088.507568,
        "volume": 0
      },
      {
        "date": "2025-08-15",
        "close": 4165.385254,
        "volume": 0
      },
      {
        "date": "2025-08-22",
        "close": 4039.585205,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 4093.499756,
        "volume": 0
      },
      {
        "date": "2025-09-05",
        "close": 4113.468262,
        "volume": 38
      },
      {
        "date": "2025-09-12",
        "close": 4151.407715,
        "volume": 52
      },
      {
        "date": "2025-09-19",
        "close": 4226.288574,
        "volume": 0
      },
      {
        "date": "2025-09-26",
        "close": 4239.962891,
        "volume": 1
      },
      {
        "date": "2025-10-03",
        "close": 4328.836914,
        "volume": 7
      },
      {
        "date": "2025-10-10",
        "close": 4355.797852,
        "volume": 13
      },
      {
        "date": "2025-10-17",
        "close": 4215.99707,
        "volume": 7
      },
      {
        "date": "2025-10-24",
        "close": 4318.850586,
        "volume": 0
      },
      {
        "date": "2025-10-31",
        "close": 4510.578125,
        "volume": 29
      },
      {
        "date": "2025-11-07",
        "close": 4367.78125,
        "volume": 27
      },
      {
        "date": "2025-11-14",
        "close": 4301.875,
        "volume": 38
      },
      {
        "date": "2025-11-21",
        "close": 4155.083984,
        "volume": 30
      },
      {
        "date": "2025-11-28",
        "close": 4345.8125,
        "volume": 214
      },
      {
        "date": "2025-12-05",
        "close": 4410.720215,
        "volume": 7
      },
      {
        "date": "2025-12-12",
        "close": 4398.736816,
        "volume": 253
      },
      {
        "date": "2025-12-19",
        "close": 4294.884766,
        "volume": 26
      },
      {
        "date": "2025-12-26",
        "close": 4357.601563,
        "volume": 22
      },
      {
        "date": "2026-01-02",
        "close": 4312.657227,
        "volume": 2
      },
      {
        "date": "2026-01-09",
        "close": 4328.637207,
        "volume": 1
      },
      {
        "date": "2026-01-16",
        "close": 4343.618652,
        "volume": 3
      },
      {
        "date": "2026-01-23",
        "close": 4321.645996,
        "volume": 10
      },
      {
        "date": "2026-01-30",
        "close": 4325.641113,
        "volume": 1
      },
      {
        "date": "2026-02-06",
        "close": 4124.889648,
        "volume": 7
      },
      {
        "date": "2026-02-13",
        "close": 4145.86377,
        "volume": 0
      },
      {
        "date": "2026-02-20",
        "close": 4169.833984,
        "volume": 0
      },
      {
        "date": "2026-02-27",
        "close": 4170.833008,
        "volume": 0
      },
      {
        "date": "2026-03-06",
        "close": 4195.801758,
        "volume": 3
      },
      {
        "date": "2026-03-13",
        "close": 4102.916992,
        "volume": 23
      },
      {
        "date": "2026-03-20",
        "close": 4084.939209,
        "volume": 32
      },
      {
        "date": "2026-03-27",
        "close": 3984.0,
        "volume": 3
      },
      {
        "date": "2026-04-03",
        "close": 3978.0,
        "volume": 30
      },
      {
        "date": "2026-04-10",
        "close": 4171.0,
        "volume": 1
      },
      {
        "date": "2026-04-17",
        "close": 4373.0,
        "volume": 98
      },
      {
        "date": "2026-04-24",
        "close": 4478.030762,
        "volume": 0
      },
      {
        "date": "2026-05-01",
        "close": 4521.981934,
        "volume": 0
      },
      {
        "date": "2026-05-08",
        "close": 4746.732422,
        "volume": 51
      },
      {
        "date": "2026-05-15",
        "close": 4850.617188,
        "volume": 10
      },
      {
        "date": "2026-05-22",
        "close": 4874.59082,
        "volume": 12
      },
      {
        "date": "2026-05-29",
        "close": 4973.480957,
        "volume": 20
      },
      {
        "date": "2026-06-05",
        "close": 4960.495117,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 4834.635254,
        "volume": 11
      },
      {
        "date": "2026-06-19",
        "close": 4967.487793,
        "volume": 0
      },
      {
        "date": "2026-06-26",
        "close": 4840.0,
        "volume": 98
      },
      {
        "date": "2026-07-03",
        "close": 4888.0,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 4880.0,
        "volume": 1
      },
      {
        "date": "2026-07-17",
        "close": 4703.0,
        "volume": 13
      },
      {
        "date": "2026-07-24",
        "close": 4695.0,
        "volume": 0
      },
      {
        "date": "2026-07-31",
        "close": 4666.0,
        "volume": 12
      },
      {
        "date": "2026-08-07",
        "close": 4836.0,
        "volume": 41
      }
    ],
    "sharemaestro_context": {
      "trend": 4506.934546,
      "fair_value": 4180.324797,
      "market_activity": 22.788744,
      "market_dynamics": -0.281966,
      "relative_strength": 9.586843
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": 0.003044,
        "directional_follow_through": 0.5,
        "regime_survival": 1.0,
        "conditional_difference": -0.009944,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.075463,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.102878,
        "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": "2026-02-27",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.159481
      }
    ]
  }
}