{
  "ticker": {
    "uuid": "77bd0f81-f904-44a4-a028-160f13644080",
    "symbol": "DRGN",
    "name": "THEMES CHINA GENERATIVE ARTIFICIAL INTELLIGENCE 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": 37.35,
    "direction": "positive",
    "state": "Positive, shorter trend weakening",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 27.014821,
    "boundary_margin": 0.382574,
    "trend_agreement": "Broadly aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.342765,
    "volatility_stability": 1.0242,
    "risk_context": 0.2917,
    "current_regime": {
      "move": 0.070507,
      "interruption": 0.0,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 81.538,
    "interpretation": {
      "label": "Positive, shorter trend weakening",
      "headline": "Positive, shorter trend weakening",
      "body": "The Core Trend remains in force, but the Fast Trend now points the other way. That is an early loss of persistence, not yet a regime change.",
      "age_context": "The current Core Trend remains in its early lifecycle.",
      "boundary_context": "The latest close is 38.3% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-17",
        "close": 34.89,
        "direction_boundary": 26.290115,
        "core_momentum": 0.327115,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.348797
      },
      {
        "date": "2026-07-24",
        "close": 35.115,
        "direction_boundary": 26.635777,
        "core_momentum": 0.31834,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.349003
      },
      {
        "date": "2026-07-31",
        "close": 35.4463,
        "direction_boundary": 26.328039,
        "core_momentum": 0.346333,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.348108
      },
      {
        "date": "2026-08-07",
        "close": 37.35,
        "direction_boundary": 27.014821,
        "core_momentum": 0.382574,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.342765
      }
    ],
    "price_history": [
      {
        "date": "2025-07-18",
        "close": 26.290115,
        "volume": 33707
      },
      {
        "date": "2025-07-25",
        "close": 26.635777,
        "volume": 34404
      },
      {
        "date": "2025-08-01",
        "close": 26.328039,
        "volume": 42531
      },
      {
        "date": "2025-08-08",
        "close": 27.014821,
        "volume": 22751
      },
      {
        "date": "2025-08-15",
        "close": 29.004456,
        "volume": 53974
      },
      {
        "date": "2025-08-22",
        "close": 31.232696,
        "volume": 100318
      },
      {
        "date": "2025-08-29",
        "close": 33.341633,
        "volume": 198748
      },
      {
        "date": "2025-09-05",
        "close": 32.196008,
        "volume": 106199
      },
      {
        "date": "2025-09-12",
        "close": 34.418125,
        "volume": 149404
      },
      {
        "date": "2025-09-19",
        "close": 35.702015,
        "volume": 152176
      },
      {
        "date": "2025-09-26",
        "close": 35.603353,
        "volume": 274735
      },
      {
        "date": "2025-10-03",
        "close": 37.687107,
        "volume": 204938
      },
      {
        "date": "2025-10-10",
        "close": 33.578659,
        "volume": 224540
      },
      {
        "date": "2025-10-17",
        "close": 32.591051,
        "volume": 119673
      },
      {
        "date": "2025-10-24",
        "close": 34.768726,
        "volume": 129833
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      {
        "date": "2025-10-31",
        "close": 34.516886,
        "volume": 146020
      },
      {
        "date": "2025-11-07",
        "close": 33.924322,
        "volume": 107293
      },
      {
        "date": "2025-11-14",
        "close": 32.452786,
        "volume": 107368
      },
      {
        "date": "2025-11-21",
        "close": 31.099764,
        "volume": 63925
      },
      {
        "date": "2025-11-28",
        "close": 32.502167,
        "volume": 19441
      },
      {
        "date": "2025-12-05",
        "close": 32.867582,
        "volume": 56842
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      {
        "date": "2025-12-12",
        "close": 32.778697,
        "volume": 25153
      },
      {
        "date": "2025-12-19",
        "close": 31.66,
        "volume": 42161
      },
      {
        "date": "2025-12-26",
        "close": 32.49,
        "volume": 17052
      },
      {
        "date": "2026-01-02",
        "close": 33.67,
        "volume": 68987
      },
      {
        "date": "2026-01-09",
        "close": 35.74,
        "volume": 127934
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      {
        "date": "2026-01-16",
        "close": 37.095,
        "volume": 193696
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      {
        "date": "2026-01-23",
        "close": 37.075,
        "volume": 73460
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      {
        "date": "2026-01-30",
        "close": 36.26,
        "volume": 72569
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      {
        "date": "2026-02-06",
        "close": 33.97,
        "volume": 292872
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      {
        "date": "2026-02-13",
        "close": 34.9112,
        "volume": 175776
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      {
        "date": "2026-02-20",
        "close": 35.31,
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      {
        "date": "2026-02-27",
        "close": 34.23,
        "volume": 97763
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        "date": "2026-03-06",
        "close": 31.57,
        "volume": 88442
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      {
        "date": "2026-03-13",
        "close": 32.2304,
        "volume": 67273
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      {
        "date": "2026-03-20",
        "close": 31.24,
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        "date": "2026-03-27",
        "close": 30.25,
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        "date": "2026-04-03",
        "close": 30.33,
        "volume": 38008
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        "date": "2026-04-10",
        "close": 32.7,
        "volume": 120911
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        "date": "2026-04-17",
        "close": 35.5952,
        "volume": 52388
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      {
        "date": "2026-04-24",
        "close": 35.3779,
        "volume": 65417
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        "date": "2026-05-01",
        "close": 36.185,
        "volume": 24258
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        "date": "2026-05-08",
        "close": 38.37,
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      {
        "date": "2026-05-15",
        "close": 37.52,
        "volume": 185844
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      {
        "date": "2026-05-22",
        "close": 37.35,
        "volume": 69758
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        "date": "2026-05-29",
        "close": 37.0747,
        "volume": 61467
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      {
        "date": "2026-06-05",
        "close": 35.8,
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      {
        "date": "2026-06-12",
        "close": 35.1742,
        "volume": 42986
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      {
        "date": "2026-06-19",
        "close": 38.0,
        "volume": 25651
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      {
        "date": "2026-06-26",
        "close": 35.5798,
        "volume": 71117
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      {
        "date": "2026-07-03",
        "close": 35.4857,
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        "date": "2026-07-10",
        "close": 38.4773,
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      {
        "date": "2026-07-17",
        "close": 34.89,
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      {
        "date": "2026-07-24",
        "close": 35.115,
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        "date": "2026-07-31",
        "close": 35.4463,
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        "date": "2026-08-07",
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    ],
    "sharemaestro_context": {
      "trend": 35.198757,
      "fair_value": 33.858169,
      "market_activity": 10.159699,
      "market_dynamics": -0.501023,
      "relative_strength": -3.182764
    },
    "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,
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        "sufficient": false
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      {
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        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
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      {
        "horizon": "Full cycle",
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        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
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    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.070507
      }
    ]
  }
}