{
  "ticker": {
    "uuid": "73e41d45-8fa0-4f26-83ed-40c17d12eb21",
    "symbol": "EDEF",
    "name": "Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating",
    "exchange": "EBS",
    "country": "CH",
    "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": 16.104,
    "direction": "positive",
    "state": "Fresh positive regime",
    "is_fresh": true,
    "is_near_boundary": false,
    "direction_boundary": 14.566,
    "boundary_margin": 0.105588,
    "trend_agreement": "Broadly aligned",
    "persistence": "Fresh",
    "direction_turnover": "High",
    "annualized_volatility": 0.689707,
    "volatility_stability": 0.9064,
    "risk_context": 0.145,
    "current_regime": {
      "move": 0.0,
      "interruption": 0.0,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 47.477,
    "interpretation": {
      "label": "Fresh positive regime",
      "headline": "The Core Trend has just turned positive",
      "body": "This is a new regime change, not a forecast. The faster and slower Trend views show whether the move is becoming broadly established.",
      "age_context": "The current Core Trend is newly established.",
      "boundary_context": "The latest close is 10.6% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is high."
    },
    "chart_path": [
      {
        "date": "2026-06-26",
        "close": 13.1,
        "direction_boundary": 15.352,
        "core_momentum": -0.146691,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.704798
      },
      {
        "date": "2026-07-03",
        "close": 15.072,
        "direction_boundary": 14.808,
        "core_momentum": 0.017828,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.733062
      },
      {
        "date": "2026-07-10",
        "close": 14.058,
        "direction_boundary": 15.108,
        "core_momentum": -0.0695,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.677621
      },
      {
        "date": "2026-07-17",
        "close": 13.832,
        "direction_boundary": 15.552,
        "core_momentum": -0.110597,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.676688
      },
      {
        "date": "2026-07-24",
        "close": 14.686,
        "direction_boundary": 15.118,
        "core_momentum": -0.028575,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.683296
      },
      {
        "date": "2026-07-31",
        "close": 14.794,
        "direction_boundary": 15.0,
        "core_momentum": -0.013733,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.682903
      },
      {
        "date": "2026-08-07",
        "close": 16.104,
        "direction_boundary": 14.566,
        "core_momentum": 0.105588,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.689707
      }
    ],
    "price_history": [
      {
        "date": "2025-06-27",
        "close": 15.352,
        "volume": 75
      },
      {
        "date": "2025-07-04",
        "close": 14.808,
        "volume": 1330
      },
      {
        "date": "2025-07-11",
        "close": 15.108,
        "volume": 0
      },
      {
        "date": "2025-07-18",
        "close": 15.552,
        "volume": 0
      },
      {
        "date": "2025-07-25",
        "close": 15.118,
        "volume": 7
      },
      {
        "date": "2025-08-01",
        "close": 15.0,
        "volume": 259
      },
      {
        "date": "2025-08-08",
        "close": 14.566,
        "volume": 2210
      },
      {
        "date": "2025-08-15",
        "close": 14.716,
        "volume": 6
      },
      {
        "date": "2025-08-22",
        "close": 14.538,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 14.806,
        "volume": 1287
      },
      {
        "date": "2025-09-05",
        "close": 14.734,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 15.62,
        "volume": 57
      },
      {
        "date": "2025-09-19",
        "close": 15.83,
        "volume": 0
      },
      {
        "date": "2025-09-26",
        "close": 16.572001,
        "volume": 1270
      },
      {
        "date": "2025-10-03",
        "close": 17.562,
        "volume": 503
      },
      {
        "date": "2025-10-10",
        "close": 17.0,
        "volume": 871
      },
      {
        "date": "2025-10-17",
        "close": 15.282,
        "volume": 0
      },
      {
        "date": "2025-10-24",
        "close": 16.034,
        "volume": 349
      },
      {
        "date": "2025-10-31",
        "close": 16.042,
        "volume": 524
      },
      {
        "date": "2025-11-07",
        "close": 15.562,
        "volume": 892
      },
      {
        "date": "2025-11-14",
        "close": 15.094,
        "volume": 465
      },
      {
        "date": "2025-11-21",
        "close": 14.752,
        "volume": 0
      },
      {
        "date": "2025-11-28",
        "close": 14.28,
        "volume": 100
      },
      {
        "date": "2025-12-05",
        "close": 14.672,
        "volume": 937
      },
      {
        "date": "2025-12-12",
        "close": 14.864,
        "volume": 343
      },
      {
        "date": "2025-12-19",
        "close": 14.922,
        "volume": 27
      },
      {
        "date": "2025-12-26",
        "close": 15.004,
        "volume": 15
      },
      {
        "date": "2026-01-02",
        "close": 15.112,
        "volume": 34
      },
      {
        "date": "2026-01-09",
        "close": 18.506001,
        "volume": 4078
      },
      {
        "date": "2026-01-16",
        "close": 18.775999,
        "volume": 11207
      },
      {
        "date": "2026-01-23",
        "close": 18.222,
        "volume": 15861
      },
      {
        "date": "2026-01-30",
        "close": 17.688,
        "volume": 2130
      },
      {
        "date": "2026-02-06",
        "close": 16.642,
        "volume": 557
      },
      {
        "date": "2026-02-13",
        "close": 16.638,
        "volume": 44
      },
      {
        "date": "2026-02-20",
        "close": 17.926001,
        "volume": 233
      },
      {
        "date": "2026-02-27",
        "close": 22.68,
        "volume": 1013
      },
      {
        "date": "2026-03-06",
        "close": 16.75,
        "volume": 1891
      },
      {
        "date": "2026-03-13",
        "close": 17.504,
        "volume": 22
      },
      {
        "date": "2026-03-20",
        "close": 17.0,
        "volume": 417
      },
      {
        "date": "2026-03-27",
        "close": 16.042,
        "volume": 912
      },
      {
        "date": "2026-04-03",
        "close": 17.374001,
        "volume": 1101
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      {
        "date": "2026-04-10",
        "close": 17.309999,
        "volume": 429
      },
      {
        "date": "2026-04-17",
        "close": 17.384001,
        "volume": 6086
      },
      {
        "date": "2026-04-24",
        "close": 16.094,
        "volume": 642
      },
      {
        "date": "2026-05-01",
        "close": 15.918,
        "volume": 209
      },
      {
        "date": "2026-05-08",
        "close": 15.232,
        "volume": 120
      },
      {
        "date": "2026-05-15",
        "close": 14.376,
        "volume": 498
      },
      {
        "date": "2026-05-22",
        "close": 15.394,
        "volume": 1168
      },
      {
        "date": "2026-05-29",
        "close": 16.08,
        "volume": 804
      },
      {
        "date": "2026-06-05",
        "close": 14.726,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 14.678,
        "volume": 0
      },
      {
        "date": "2026-06-19",
        "close": 14.564,
        "volume": 90
      },
      {
        "date": "2026-06-26",
        "close": 13.1,
        "volume": 935
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      {
        "date": "2026-07-03",
        "close": 15.072,
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      {
        "date": "2026-07-10",
        "close": 14.058,
        "volume": 1
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      {
        "date": "2026-07-17",
        "close": 13.832,
        "volume": 23
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      {
        "date": "2026-07-24",
        "close": 14.686,
        "volume": 0
      },
      {
        "date": "2026-07-31",
        "close": 14.794,
        "volume": 3
      },
      {
        "date": "2026-08-07",
        "close": 16.104,
        "volume": 223
      }
    ],
    "sharemaestro_context": {
      "trend": 16.221467,
      "fair_value": 15.82461,
      "market_activity": -31.028622,
      "market_dynamics": -0.474106,
      "relative_strength": -8.945408
    },
    "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": "negative",
        "start": "2026-06-26",
        "end": "2026-06-26",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "positive",
        "start": "2026-07-03",
        "end": "2026-07-03",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "negative",
        "start": "2026-07-10",
        "end": "2026-07-31",
        "tenure": "Brief",
        "return": 0.052355
      },
      {
        "direction": "positive",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.0
      }
    ]
  }
}