{
  "ticker": {
    "uuid": "761972b1-57b5-4989-8014-ce81131807d8",
    "symbol": "EMGM",
    "name": "Franklin FTSE Emerging Markets UCITS ETF USD Accumulation Shares",
    "exchange": "GER",
    "country": "DE",
    "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": 29.344999,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 23.790001,
    "boundary_margin": 0.233501,
    "trend_agreement": "Fully aligned",
    "persistence": "Mature",
    "direction_turnover": "Low",
    "annualized_volatility": 0.152947,
    "volatility_stability": 0.5307,
    "risk_context": 0.6538,
    "current_regime": {
      "move": -0.027989,
      "interruption": -0.160649,
      "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 23.4% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2025-10-24",
        "close": 30.190001,
        "direction_boundary": 23.290001,
        "core_momentum": 0.296264,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.254008
      },
      {
        "date": "2025-10-31",
        "close": 26.24,
        "direction_boundary": 23.075001,
        "core_momentum": 0.137161,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.327815
      },
      {
        "date": "2025-11-07",
        "close": 25.76,
        "direction_boundary": 23.094999,
        "core_momentum": 0.115393,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.329577
      },
      {
        "date": "2025-11-14",
        "close": 26.125,
        "direction_boundary": 22.82,
        "core_momentum": 0.144829,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.326218
      },
      {
        "date": "2025-11-21",
        "close": 25.41,
        "direction_boundary": 23.07,
        "core_momentum": 0.10143,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.327779
      },
      {
        "date": "2025-11-28",
        "close": 25.795,
        "direction_boundary": 22.82,
        "core_momentum": 0.130368,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.326584
      },
      {
        "date": "2025-12-05",
        "close": 25.764999,
        "direction_boundary": 23.315001,
        "core_momentum": 0.105082,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.325823
      },
      {
        "date": "2025-12-12",
        "close": 25.34,
        "direction_boundary": 23.620001,
        "core_momentum": 0.07282,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.326602
      },
      {
        "date": "2025-12-19",
        "close": 25.575001,
        "direction_boundary": 23.309999,
        "core_momentum": 0.097169,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.326041
      },
      {
        "date": "2025-12-26",
        "close": 25.535,
        "direction_boundary": 23.355,
        "core_momentum": 0.093342,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.325262
      },
      {
        "date": "2026-01-02",
        "close": 26.135,
        "direction_boundary": 23.51,
        "core_momentum": 0.111655,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.326175
      },
      {
        "date": "2026-01-09",
        "close": 26.82,
        "direction_boundary": 22.98,
        "core_momentum": 0.167102,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.327465
      },
      {
        "date": "2026-01-16",
        "close": 27.17,
        "direction_boundary": 23.525,
        "core_momentum": 0.154942,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.326233
      },
      {
        "date": "2026-01-23",
        "close": 27.025,
        "direction_boundary": 23.065001,
        "core_momentum": 0.171689,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.326093
      },
      {
        "date": "2026-01-30",
        "close": 26.83,
        "direction_boundary": 23.57,
        "core_momentum": 0.138311,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.326127
      },
      {
        "date": "2026-02-06",
        "close": 27.219999,
        "direction_boundary": 23.725,
        "core_momentum": 0.147313,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.326287
      },
      {
        "date": "2026-02-13",
        "close": 27.309999,
        "direction_boundary": 23.76,
        "core_momentum": 0.149411,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.326285
      },
      {
        "date": "2026-02-20",
        "close": 27.735001,
        "direction_boundary": 24.309999,
        "core_momentum": 0.140889,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.325885
      },
      {
        "date": "2026-02-27",
        "close": 27.58,
        "direction_boundary": 23.315001,
        "core_momentum": 0.182929,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.324836
      },
      {
        "date": "2026-03-06",
        "close": 26.41,
        "direction_boundary": 22.975,
        "core_momentum": 0.14951,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.331758
      },
      {
        "date": "2026-03-13",
        "close": 26.559999,
        "direction_boundary": 23.025,
        "core_momentum": 0.153529,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.328374
      },
      {
        "date": "2026-03-20",
        "close": 25.6,
        "direction_boundary": 23.190001,
        "core_momentum": 0.103924,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.332413
      },
      {
        "date": "2026-03-27",
        "close": 25.635,
        "direction_boundary": 22.915001,
        "core_momentum": 0.118699,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.332291
      },
      {
        "date": "2026-04-03",
        "close": 26.094999,
        "direction_boundary": 20.985001,
        "core_momentum": 0.243507,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.331677
      },
      {
        "date": "2026-04-10",
        "close": 27.1,
        "direction_boundary": 20.58,
        "core_momentum": 0.316812,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.333987
      },
      {
        "date": "2026-04-17",
        "close": 28.045,
        "direction_boundary": 20.92,
        "core_momentum": 0.340583,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.33657
      },
      {
        "date": "2026-04-24",
        "close": 28.075001,
        "direction_boundary": 21.52,
        "core_momentum": 0.3046,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.242886
      },
      {
        "date": "2026-05-01",
        "close": 28.025,
        "direction_boundary": 22.41,
        "core_momentum": 0.250558,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.14052
      },
      {
        "date": "2026-05-08",
        "close": 28.85,
        "direction_boundary": 22.535,
        "core_momentum": 0.280231,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.141752
      },
      {
        "date": "2026-05-15",
        "close": 28.26,
        "direction_boundary": 23.434999,
        "core_momentum": 0.205889,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.145135
      },
      {
        "date": "2026-05-22",
        "close": 28.51,
        "direction_boundary": 23.01,
        "core_momentum": 0.239027,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.138328
      },
      {
        "date": "2026-05-29",
        "close": 28.825001,
        "direction_boundary": 22.6,
        "core_momentum": 0.275443,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.13782
      },
      {
        "date": "2026-06-05",
        "close": 28.455,
        "direction_boundary": 23.09,
        "core_momentum": 0.232352,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.139698
      },
      {
        "date": "2026-06-12",
        "close": 28.855,
        "direction_boundary": 22.879999,
        "core_momentum": 0.261145,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.137159
      },
      {
        "date": "2026-06-19",
        "close": 29.535,
        "direction_boundary": 22.65,
        "core_momentum": 0.303974,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.139396
      },
      {
        "date": "2026-06-26",
        "close": 28.745001,
        "direction_boundary": 23.135,
        "core_momentum": 0.24249,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.146328
      },
      {
        "date": "2026-07-03",
        "close": 29.275,
        "direction_boundary": 23.055,
        "core_momentum": 0.26979,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.145221
      },
      {
        "date": "2026-07-10",
        "close": 29.35,
        "direction_boundary": 23.235001,
        "core_momentum": 0.26318,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.141875
      },
      {
        "date": "2026-07-17",
        "close": 28.334999,
        "direction_boundary": 23.865,
        "core_momentum": 0.187304,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.150862
      },
      {
        "date": "2026-07-24",
        "close": 28.705,
        "direction_boundary": 23.690001,
        "core_momentum": 0.211693,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.151309
      },
      {
        "date": "2026-07-31",
        "close": 28.645,
        "direction_boundary": 23.530001,
        "core_momentum": 0.217382,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.150826
      },
      {
        "date": "2026-08-07",
        "close": 29.344999,
        "direction_boundary": 23.790001,
        "core_momentum": 0.233501,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.152947
      }
    ],
    "price_history": [
      {
        "date": "2024-10-25",
        "close": 23.290001,
        "volume": 0
      },
      {
        "date": "2024-11-01",
        "close": 23.075001,
        "volume": 0
      },
      {
        "date": "2024-11-08",
        "close": 23.094999,
        "volume": 0
      },
      {
        "date": "2024-11-15",
        "close": 22.82,
        "volume": 0
      },
      {
        "date": "2024-11-22",
        "close": 23.07,
        "volume": 0
      },
      {
        "date": "2024-11-29",
        "close": 22.82,
        "volume": 0
      },
      {
        "date": "2024-12-06",
        "close": 23.315001,
        "volume": 0
      },
      {
        "date": "2024-12-13",
        "close": 23.620001,
        "volume": 204
      },
      {
        "date": "2024-12-20",
        "close": 23.309999,
        "volume": 8826
      },
      {
        "date": "2024-12-27",
        "close": 23.355,
        "volume": 860
      },
      {
        "date": "2025-01-03",
        "close": 23.51,
        "volume": 2
      },
      {
        "date": "2025-01-10",
        "close": 22.98,
        "volume": 470
      },
      {
        "date": "2025-01-17",
        "close": 23.525,
        "volume": 407
      },
      {
        "date": "2025-01-24",
        "close": 23.065001,
        "volume": 5853
      },
      {
        "date": "2025-01-31",
        "close": 23.57,
        "volume": 223
      },
      {
        "date": "2025-02-07",
        "close": 23.725,
        "volume": 44
      },
      {
        "date": "2025-02-14",
        "close": 23.76,
        "volume": 174
      },
      {
        "date": "2025-02-21",
        "close": 24.309999,
        "volume": 0
      },
      {
        "date": "2025-02-28",
        "close": 23.315001,
        "volume": 562
      },
      {
        "date": "2025-03-07",
        "close": 22.975,
        "volume": 634
      },
      {
        "date": "2025-03-14",
        "close": 23.025,
        "volume": 2584
      },
      {
        "date": "2025-03-21",
        "close": 23.190001,
        "volume": 2921
      },
      {
        "date": "2025-03-28",
        "close": 22.915001,
        "volume": 553
      },
      {
        "date": "2025-04-04",
        "close": 20.985001,
        "volume": 1321
      },
      {
        "date": "2025-04-11",
        "close": 20.58,
        "volume": 6589
      },
      {
        "date": "2025-04-18",
        "close": 20.92,
        "volume": 644
      },
      {
        "date": "2025-04-25",
        "close": 21.52,
        "volume": 22
      },
      {
        "date": "2025-05-02",
        "close": 22.41,
        "volume": 493
      },
      {
        "date": "2025-05-09",
        "close": 22.535,
        "volume": 1257
      },
      {
        "date": "2025-05-16",
        "close": 23.434999,
        "volume": 298
      },
      {
        "date": "2025-05-23",
        "close": 23.01,
        "volume": 1177
      },
      {
        "date": "2025-05-30",
        "close": 22.6,
        "volume": 429
      },
      {
        "date": "2025-06-06",
        "close": 23.09,
        "volume": 182
      },
      {
        "date": "2025-06-13",
        "close": 22.879999,
        "volume": 1566
      },
      {
        "date": "2025-06-20",
        "close": 22.65,
        "volume": 824
      },
      {
        "date": "2025-06-27",
        "close": 23.135,
        "volume": 441
      },
      {
        "date": "2025-07-04",
        "close": 23.055,
        "volume": 874
      },
      {
        "date": "2025-07-11",
        "close": 23.235001,
        "volume": 469
      },
      {
        "date": "2025-07-18",
        "close": 23.865,
        "volume": 2815
      },
      {
        "date": "2025-07-25",
        "close": 23.690001,
        "volume": 624
      },
      {
        "date": "2025-08-01",
        "close": 23.530001,
        "volume": 537
      },
      {
        "date": "2025-08-08",
        "close": 23.790001,
        "volume": 408
      },
      {
        "date": "2025-08-15",
        "close": 23.959999,
        "volume": 3838
      },
      {
        "date": "2025-08-22",
        "close": 24.455,
        "volume": 289
      },
      {
        "date": "2025-08-29",
        "close": 24.059999,
        "volume": 572
      },
      {
        "date": "2025-09-05",
        "close": 24.174999,
        "volume": 800
      },
      {
        "date": "2025-09-12",
        "close": 25.07,
        "volume": 5488
      },
      {
        "date": "2025-09-19",
        "close": 25.375,
        "volume": 984
      },
      {
        "date": "2025-09-26",
        "close": 25.225,
        "volume": 1604
      },
      {
        "date": "2025-10-03",
        "close": 25.809999,
        "volume": 1626
      },
      {
        "date": "2025-10-10",
        "close": 25.254999,
        "volume": 4092
      },
      {
        "date": "2025-10-17",
        "close": 25.594999,
        "volume": 3119
      },
      {
        "date": "2025-10-24",
        "close": 30.190001,
        "volume": 1221
      },
      {
        "date": "2025-10-31",
        "close": 26.24,
        "volume": 8017
      },
      {
        "date": "2025-11-07",
        "close": 25.76,
        "volume": 1214
      },
      {
        "date": "2025-11-14",
        "close": 26.125,
        "volume": 3880
      },
      {
        "date": "2025-11-21",
        "close": 25.41,
        "volume": 2441
      },
      {
        "date": "2025-11-28",
        "close": 25.795,
        "volume": 1443
      },
      {
        "date": "2025-12-05",
        "close": 25.764999,
        "volume": 1568
      },
      {
        "date": "2025-12-12",
        "close": 25.34,
        "volume": 1368
      },
      {
        "date": "2025-12-19",
        "close": 25.575001,
        "volume": 1364
      },
      {
        "date": "2025-12-26",
        "close": 25.535,
        "volume": 3235
      },
      {
        "date": "2026-01-02",
        "close": 26.135,
        "volume": 706
      },
      {
        "date": "2026-01-09",
        "close": 26.82,
        "volume": 3935
      },
      {
        "date": "2026-01-16",
        "close": 27.17,
        "volume": 6247
      },
      {
        "date": "2026-01-23",
        "close": 27.025,
        "volume": 7216
      },
      {
        "date": "2026-01-30",
        "close": 26.83,
        "volume": 6123
      },
      {
        "date": "2026-02-06",
        "close": 27.219999,
        "volume": 10126
      },
      {
        "date": "2026-02-13",
        "close": 27.309999,
        "volume": 3399
      },
      {
        "date": "2026-02-20",
        "close": 27.735001,
        "volume": 6059
      },
      {
        "date": "2026-02-27",
        "close": 27.58,
        "volume": 2550
      },
      {
        "date": "2026-03-06",
        "close": 26.41,
        "volume": 2341
      },
      {
        "date": "2026-03-13",
        "close": 26.559999,
        "volume": 3406
      },
      {
        "date": "2026-03-20",
        "close": 25.6,
        "volume": 1347
      },
      {
        "date": "2026-03-27",
        "close": 25.635,
        "volume": 3812
      },
      {
        "date": "2026-04-03",
        "close": 26.094999,
        "volume": 2555
      },
      {
        "date": "2026-04-10",
        "close": 27.1,
        "volume": 3823
      },
      {
        "date": "2026-04-17",
        "close": 28.045,
        "volume": 2570
      },
      {
        "date": "2026-04-24",
        "close": 28.075001,
        "volume": 1483
      },
      {
        "date": "2026-05-01",
        "close": 28.025,
        "volume": 1544
      },
      {
        "date": "2026-05-08",
        "close": 28.85,
        "volume": 4260
      },
      {
        "date": "2026-05-15",
        "close": 28.26,
        "volume": 1567
      },
      {
        "date": "2026-05-22",
        "close": 28.51,
        "volume": 383
      },
      {
        "date": "2026-05-29",
        "close": 28.825001,
        "volume": 672
      },
      {
        "date": "2026-06-05",
        "close": 28.455,
        "volume": 1564
      },
      {
        "date": "2026-06-12",
        "close": 28.855,
        "volume": 0
      },
      {
        "date": "2026-06-19",
        "close": 29.535,
        "volume": 1799
      },
      {
        "date": "2026-06-26",
        "close": 28.745001,
        "volume": 3364
      },
      {
        "date": "2026-07-03",
        "close": 29.275,
        "volume": 732
      },
      {
        "date": "2026-07-10",
        "close": 29.35,
        "volume": 3636
      },
      {
        "date": "2026-07-17",
        "close": 28.334999,
        "volume": 2595
      },
      {
        "date": "2026-07-24",
        "close": 28.705,
        "volume": 1596
      },
      {
        "date": "2026-07-31",
        "close": 28.645,
        "volume": 2675
      },
      {
        "date": "2026-08-07",
        "close": 29.344999,
        "volume": 2998
      }
    ],
    "sharemaestro_context": {
      "trend": 27.870167,
      "fair_value": 25.17367,
      "market_activity": 16.273646,
      "market_dynamics": -0.179049,
      "relative_strength": 0.833859
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": 0.005823,
        "directional_follow_through": 0.6,
        "regime_survival": 1.0,
        "conditional_difference": -0.00519,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.022123,
        "directional_follow_through": 0.6667,
        "regime_survival": 1.0,
        "conditional_difference": -0.01673,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 1,
        "median_return": -0.070056,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.169425,
        "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": "2025-10-24",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.027989
      }
    ]
  }
}