{
  "ticker": {
    "uuid": "74b246d3-77cd-4ac0-970c-721ec96149bd",
    "symbol": "FBGL",
    "name": "FBS Global Limited Ordinary Shares",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "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": 0.4214,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 0.6051,
    "boundary_margin": -0.303586,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "High",
    "annualized_volatility": 2.240349,
    "volatility_stability": 0.5928,
    "risk_context": 0.0446,
    "current_regime": {
      "move": -0.176149,
      "interruption": 0.094819,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 45.219,
    "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 30.4% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is high."
    },
    "chart_path": [
      {
        "date": "2026-02-06",
        "close": 0.848,
        "direction_boundary": 1.75,
        "core_momentum": -0.515429,
        "direction": "negative",
        "trend_agreement": 0.25,
        "volatility": 0.758945
      },
      {
        "date": "2026-02-13",
        "close": 1.13,
        "direction_boundary": 1.16,
        "core_momentum": -0.025862,
        "direction": "negative",
        "trend_agreement": 0.25,
        "volatility": 0.828772
      },
      {
        "date": "2026-02-20",
        "close": 1.08,
        "direction_boundary": 1.02,
        "core_momentum": 0.058824,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.827622
      },
      {
        "date": "2026-02-27",
        "close": 1.38,
        "direction_boundary": 0.93,
        "core_momentum": 0.483871,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.854689
      },
      {
        "date": "2026-03-06",
        "close": 0.3801,
        "direction_boundary": 0.8403,
        "core_momentum": -0.547662,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 2.01649
      },
      {
        "date": "2026-03-13",
        "close": 0.719,
        "direction_boundary": 0.8021,
        "core_momentum": -0.103603,
        "direction": "negative",
        "trend_agreement": 0.5,
        "volatility": 2.18264
      },
      {
        "date": "2026-03-20",
        "close": 0.7078,
        "direction_boundary": 0.927,
        "core_momentum": -0.236462,
        "direction": "negative",
        "trend_agreement": 0.5,
        "volatility": 2.182332
      },
      {
        "date": "2026-03-27",
        "close": 0.6,
        "direction_boundary": 0.86,
        "core_momentum": -0.302326,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 2.193899
      },
      {
        "date": "2026-04-03",
        "close": 0.57,
        "direction_boundary": 0.8911,
        "core_momentum": -0.360341,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 2.187986
      },
      {
        "date": "2026-04-10",
        "close": 0.6302,
        "direction_boundary": 0.784,
        "core_momentum": -0.196173,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 2.179409
      },
      {
        "date": "2026-04-17",
        "close": 0.6159,
        "direction_boundary": 0.559,
        "core_momentum": 0.101789,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 2.170428
      },
      {
        "date": "2026-04-24",
        "close": 0.61,
        "direction_boundary": 0.5909,
        "core_momentum": 0.032324,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 2.168036
      },
      {
        "date": "2026-05-01",
        "close": 0.5774,
        "direction_boundary": 0.679,
        "core_momentum": -0.149632,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 2.169245
      },
      {
        "date": "2026-05-08",
        "close": 0.6387,
        "direction_boundary": 0.604,
        "core_momentum": 0.05745,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 2.173397
      },
      {
        "date": "2026-05-15",
        "close": 0.5364,
        "direction_boundary": 0.649,
        "core_momentum": -0.173498,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 2.183348
      },
      {
        "date": "2026-05-22",
        "close": 0.6515,
        "direction_boundary": 0.595,
        "core_momentum": 0.094958,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 2.200009
      },
      {
        "date": "2026-05-29",
        "close": 0.5795,
        "direction_boundary": 0.585,
        "core_momentum": -0.009402,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 2.204614
      },
      {
        "date": "2026-06-05",
        "close": 0.5775,
        "direction_boundary": 0.66,
        "core_momentum": -0.125,
        "direction": "negative",
        "trend_agreement": 0.5,
        "volatility": 2.192939
      },
      {
        "date": "2026-06-12",
        "close": 0.5456,
        "direction_boundary": 0.631,
        "core_momentum": -0.135341,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 2.192304
      },
      {
        "date": "2026-06-19",
        "close": 0.56865,
        "direction_boundary": 0.6211,
        "core_momentum": -0.084447,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 2.189984
      },
      {
        "date": "2026-06-26",
        "close": 0.5299,
        "direction_boundary": 0.6,
        "core_momentum": -0.116833,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 2.175783
      },
      {
        "date": "2026-07-03",
        "close": 0.491499,
        "direction_boundary": 0.6,
        "core_momentum": -0.180835,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 2.172807
      },
      {
        "date": "2026-07-10",
        "close": 0.555,
        "direction_boundary": 0.6549,
        "core_momentum": -0.152542,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 2.179986
      },
      {
        "date": "2026-07-17",
        "close": 0.63,
        "direction_boundary": 0.62,
        "core_momentum": 0.016129,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 2.188812
      },
      {
        "date": "2026-07-24",
        "close": 0.5115,
        "direction_boundary": 0.6496,
        "core_momentum": -0.212592,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 2.204852
      },
      {
        "date": "2026-07-31",
        "close": 0.56,
        "direction_boundary": 0.6098,
        "core_momentum": -0.081666,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 2.210002
      },
      {
        "date": "2026-08-07",
        "close": 0.4214,
        "direction_boundary": 0.6051,
        "core_momentum": -0.303586,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 2.240349
      }
    ],
    "price_history": [
      {
        "date": "2025-02-07",
        "close": 1.75,
        "volume": 5691758
      },
      {
        "date": "2025-02-14",
        "close": 1.16,
        "volume": 12450759
      },
      {
        "date": "2025-02-21",
        "close": 1.02,
        "volume": 2530193
      },
      {
        "date": "2025-02-28",
        "close": 0.93,
        "volume": 3035236
      },
      {
        "date": "2025-03-07",
        "close": 0.8403,
        "volume": 3276123
      },
      {
        "date": "2025-03-14",
        "close": 0.8021,
        "volume": 859733
      },
      {
        "date": "2025-03-21",
        "close": 0.927,
        "volume": 2346623
      },
      {
        "date": "2025-03-28",
        "close": 0.86,
        "volume": 18800786
      },
      {
        "date": "2025-04-04",
        "close": 0.8911,
        "volume": 2194864
      },
      {
        "date": "2025-04-11",
        "close": 0.784,
        "volume": 900627
      },
      {
        "date": "2025-04-18",
        "close": 0.559,
        "volume": 1488797
      },
      {
        "date": "2025-04-25",
        "close": 0.5909,
        "volume": 4546632
      },
      {
        "date": "2025-05-02",
        "close": 0.679,
        "volume": 661934
      },
      {
        "date": "2025-05-09",
        "close": 0.604,
        "volume": 398622
      },
      {
        "date": "2025-05-16",
        "close": 0.649,
        "volume": 1454665
      },
      {
        "date": "2025-05-23",
        "close": 0.595,
        "volume": 465830
      },
      {
        "date": "2025-05-30",
        "close": 0.585,
        "volume": 404958
      },
      {
        "date": "2025-06-06",
        "close": 0.66,
        "volume": 478003
      },
      {
        "date": "2025-06-13",
        "close": 0.631,
        "volume": 426372
      },
      {
        "date": "2025-06-20",
        "close": 0.6211,
        "volume": 276706
      },
      {
        "date": "2025-06-27",
        "close": 0.6,
        "volume": 350725
      },
      {
        "date": "2025-07-04",
        "close": 0.6,
        "volume": 161389
      },
      {
        "date": "2025-07-11",
        "close": 0.6549,
        "volume": 417090
      },
      {
        "date": "2025-07-18",
        "close": 0.62,
        "volume": 157949
      },
      {
        "date": "2025-07-25",
        "close": 0.6496,
        "volume": 2079806
      },
      {
        "date": "2025-08-01",
        "close": 0.6098,
        "volume": 250804
      },
      {
        "date": "2025-08-08",
        "close": 0.6051,
        "volume": 228191
      },
      {
        "date": "2025-08-15",
        "close": 0.545049,
        "volume": 166186
      },
      {
        "date": "2025-08-22",
        "close": 0.5177,
        "volume": 128633
      },
      {
        "date": "2025-08-29",
        "close": 0.622,
        "volume": 9369414
      },
      {
        "date": "2025-09-05",
        "close": 0.5533,
        "volume": 251853
      },
      {
        "date": "2025-09-12",
        "close": 0.711,
        "volume": 3479864
      },
      {
        "date": "2025-09-19",
        "close": 0.69,
        "volume": 1697430
      },
      {
        "date": "2025-09-26",
        "close": 0.7111,
        "volume": 1722220
      },
      {
        "date": "2025-10-03",
        "close": 0.795,
        "volume": 7042977
      },
      {
        "date": "2025-10-10",
        "close": 0.663,
        "volume": 678408
      },
      {
        "date": "2025-10-17",
        "close": 0.5756,
        "volume": 582334
      },
      {
        "date": "2025-10-24",
        "close": 0.53695,
        "volume": 2093906
      },
      {
        "date": "2025-10-31",
        "close": 0.5538,
        "volume": 2298720
      },
      {
        "date": "2025-11-07",
        "close": 0.5449,
        "volume": 352082
      },
      {
        "date": "2025-11-14",
        "close": 0.6,
        "volume": 1445489
      },
      {
        "date": "2025-11-21",
        "close": 0.6252,
        "volume": 3318427
      },
      {
        "date": "2025-11-28",
        "close": 0.6603,
        "volume": 2352620
      },
      {
        "date": "2025-12-05",
        "close": 0.7689,
        "volume": 4639736
      },
      {
        "date": "2025-12-12",
        "close": 0.804,
        "volume": 8139988
      },
      {
        "date": "2025-12-19",
        "close": 0.8672,
        "volume": 10088495
      },
      {
        "date": "2025-12-26",
        "close": 1.02,
        "volume": 9790992
      },
      {
        "date": "2026-01-02",
        "close": 0.9051,
        "volume": 11674382
      },
      {
        "date": "2026-01-09",
        "close": 0.8315,
        "volume": 15186721
      },
      {
        "date": "2026-01-16",
        "close": 0.8351,
        "volume": 15861747
      },
      {
        "date": "2026-01-23",
        "close": 0.8599,
        "volume": 11845298
      },
      {
        "date": "2026-01-30",
        "close": 0.8298,
        "volume": 13491831
      },
      {
        "date": "2026-02-06",
        "close": 0.848,
        "volume": 12464159
      },
      {
        "date": "2026-02-13",
        "close": 1.13,
        "volume": 10082859
      },
      {
        "date": "2026-02-20",
        "close": 1.08,
        "volume": 5729452
      },
      {
        "date": "2026-02-27",
        "close": 1.38,
        "volume": 7443033
      },
      {
        "date": "2026-03-06",
        "close": 0.3801,
        "volume": 13110513
      },
      {
        "date": "2026-03-13",
        "close": 0.719,
        "volume": 7010028
      },
      {
        "date": "2026-03-20",
        "close": 0.7078,
        "volume": 4877098
      },
      {
        "date": "2026-03-27",
        "close": 0.6,
        "volume": 3303354
      },
      {
        "date": "2026-04-03",
        "close": 0.57,
        "volume": 650267
      },
      {
        "date": "2026-04-10",
        "close": 0.6302,
        "volume": 1668172
      },
      {
        "date": "2026-04-17",
        "close": 0.6159,
        "volume": 526970
      },
      {
        "date": "2026-04-24",
        "close": 0.61,
        "volume": 925737
      },
      {
        "date": "2026-05-01",
        "close": 0.5774,
        "volume": 749723
      },
      {
        "date": "2026-05-08",
        "close": 0.6387,
        "volume": 731760
      },
      {
        "date": "2026-05-15",
        "close": 0.5364,
        "volume": 653437
      },
      {
        "date": "2026-05-22",
        "close": 0.6515,
        "volume": 2517977
      },
      {
        "date": "2026-05-29",
        "close": 0.5795,
        "volume": 242395
      },
      {
        "date": "2026-06-05",
        "close": 0.5775,
        "volume": 422276
      },
      {
        "date": "2026-06-12",
        "close": 0.5456,
        "volume": 740621
      },
      {
        "date": "2026-06-19",
        "close": 0.56865,
        "volume": 59842
      },
      {
        "date": "2026-06-26",
        "close": 0.5299,
        "volume": 52682
      },
      {
        "date": "2026-07-03",
        "close": 0.491499,
        "volume": 185551
      },
      {
        "date": "2026-07-10",
        "close": 0.555,
        "volume": 18288583
      },
      {
        "date": "2026-07-17",
        "close": 0.63,
        "volume": 150627
      },
      {
        "date": "2026-07-24",
        "close": 0.5115,
        "volume": 767283
      },
      {
        "date": "2026-07-31",
        "close": 0.56,
        "volume": 782529
      },
      {
        "date": "2026-08-07",
        "close": 0.4214,
        "volume": 1188480
      }
    ],
    "sharemaestro_context": {
      "trend": 0.672345,
      "fair_value": 0.705694,
      "market_activity": -38.744512,
      "market_dynamics": -0.093163,
      "relative_strength": -46.129846
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": 0.017151,
        "directional_follow_through": 0.2,
        "regime_survival": 1.0,
        "conditional_difference": 0.102742,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.519337,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.698372,
        "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": "2026-02-06",
        "end": "2026-02-13",
        "tenure": "Brief",
        "return": 0.332547
      },
      {
        "direction": "positive",
        "start": "2026-02-20",
        "end": "2026-02-27",
        "tenure": "Brief",
        "return": 0.277778
      },
      {
        "direction": "negative",
        "start": "2026-03-06",
        "end": "2026-04-10",
        "tenure": "Developing",
        "return": 0.657985
      },
      {
        "direction": "positive",
        "start": "2026-04-17",
        "end": "2026-04-24",
        "tenure": "Brief",
        "return": -0.009579
      },
      {
        "direction": "negative",
        "start": "2026-05-01",
        "end": "2026-05-01",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "positive",
        "start": "2026-05-08",
        "end": "2026-05-08",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "negative",
        "start": "2026-05-15",
        "end": "2026-05-15",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "positive",
        "start": "2026-05-22",
        "end": "2026-05-22",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "negative",
        "start": "2026-05-29",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": -0.042278
      },
      {
        "direction": "positive",
        "start": "2026-07-17",
        "end": "2026-07-17",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "negative",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": -0.176149
      }
    ]
  }
}