{
  "ticker": {
    "uuid": "79631258-e6af-4057-9e03-cd97b2c1fd94",
    "symbol": "QSPA",
    "name": "Invesco Markets II plc - Invesco S&P 500 Quality UCITS ETF Acc",
    "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": 5.419,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 4.434,
    "boundary_margin": 0.222147,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.115939,
    "volatility_stability": 1.2684,
    "risk_context": 0.8625,
    "current_regime": {
      "move": -0.033185,
      "interruption": -0.05292,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 92.692,
    "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 remains in its early lifecycle.",
      "boundary_context": "The latest close is 22.2% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-06-26",
        "close": 5.605,
        "direction_boundary": 4.3765,
        "core_momentum": 0.280704,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114273
      },
      {
        "date": "2026-07-03",
        "close": 5.65,
        "direction_boundary": 4.3985,
        "core_momentum": 0.284529,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.11249
      },
      {
        "date": "2026-07-10",
        "close": 5.593,
        "direction_boundary": 4.4005,
        "core_momentum": 0.270992,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.108154
      },
      {
        "date": "2026-07-17",
        "close": 5.39,
        "direction_boundary": 4.436,
        "core_momentum": 0.215059,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.123135
      },
      {
        "date": "2026-07-24",
        "close": 5.454,
        "direction_boundary": 4.476,
        "core_momentum": 0.218499,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.116677
      },
      {
        "date": "2026-07-31",
        "close": 5.351,
        "direction_boundary": 4.4195,
        "core_momentum": 0.21077,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.121206
      },
      {
        "date": "2026-08-07",
        "close": 5.419,
        "direction_boundary": 4.434,
        "core_momentum": 0.222147,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.115939
      }
    ],
    "price_history": [
      {
        "date": "2025-06-27",
        "close": 4.3765,
        "volume": 0
      },
      {
        "date": "2025-07-04",
        "close": 4.3985,
        "volume": 2500
      },
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        "date": "2025-07-11",
        "close": 4.4005,
        "volume": 263
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      {
        "date": "2025-07-18",
        "close": 4.436,
        "volume": 3902
      },
      {
        "date": "2025-07-25",
        "close": 4.476,
        "volume": 2455
      },
      {
        "date": "2025-08-01",
        "close": 4.4195,
        "volume": 1561
      },
      {
        "date": "2025-08-08",
        "close": 4.434,
        "volume": 1230
      },
      {
        "date": "2025-08-15",
        "close": 4.4465,
        "volume": 100
      },
      {
        "date": "2025-08-22",
        "close": 4.492,
        "volume": 4895
      },
      {
        "date": "2025-08-29",
        "close": 4.4565,
        "volume": 0
      },
      {
        "date": "2025-09-05",
        "close": 4.431,
        "volume": 1059
      },
      {
        "date": "2025-09-12",
        "close": 4.4735,
        "volume": 3545
      },
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        "date": "2025-09-19",
        "close": 4.4885,
        "volume": 1593
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        "date": "2025-09-26",
        "close": 4.4905,
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        "date": "2025-10-03",
        "close": 4.5735,
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        "date": "2025-10-10",
        "close": 4.5395,
        "volume": 5775
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        "date": "2025-10-17",
        "close": 4.5385,
        "volume": 4337
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        "date": "2025-10-24",
        "close": 4.6345,
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        "date": "2025-10-31",
        "close": 4.643,
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      {
        "date": "2025-11-07",
        "close": 4.5575,
        "volume": 947
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        "date": "2025-11-14",
        "close": 4.592,
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        "date": "2025-11-21",
        "close": 4.5625,
        "volume": 2496
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        "date": "2025-11-28",
        "close": 4.658,
        "volume": 6305
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      {
        "date": "2025-12-05",
        "close": 4.668,
        "volume": 136
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      {
        "date": "2025-12-12",
        "close": 4.68,
        "volume": 2943
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        "date": "2025-12-19",
        "close": 4.668,
        "volume": 3512
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        "date": "2025-12-26",
        "close": 4.6755,
        "volume": 5400
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      {
        "date": "2026-01-02",
        "close": 4.643,
        "volume": 29613
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      {
        "date": "2026-01-09",
        "close": 4.805,
        "volume": 6174
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      {
        "date": "2026-01-16",
        "close": 4.8525,
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        "date": "2026-01-23",
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        "date": "2026-01-30",
        "close": 4.73,
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        "date": "2026-02-06",
        "close": 4.8775,
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        "date": "2026-02-13",
        "close": 4.864,
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      {
        "date": "2026-02-20",
        "close": 4.9275,
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        "date": "2026-02-27",
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      {
        "date": "2026-03-06",
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      {
        "date": "2026-03-13",
        "close": 4.828,
        "volume": 132900
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      {
        "date": "2026-03-20",
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        "date": "2026-03-27",
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        "date": "2026-04-03",
        "close": 4.77,
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      {
        "date": "2026-04-10",
        "close": 4.9,
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      {
        "date": "2026-04-17",
        "close": 4.96,
        "volume": 6903
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      {
        "date": "2026-04-24",
        "close": 5.001,
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      {
        "date": "2026-05-01",
        "close": 5.018,
        "volume": 1187
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      {
        "date": "2026-05-08",
        "close": 5.099,
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      {
        "date": "2026-05-15",
        "close": 5.175,
        "volume": 890
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      {
        "date": "2026-05-22",
        "close": 5.31,
        "volume": 5169
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      {
        "date": "2026-05-29",
        "close": 5.325,
        "volume": 7995
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      {
        "date": "2026-06-05",
        "close": 5.429,
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      {
        "date": "2026-06-12",
        "close": 5.48,
        "volume": 0
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      {
        "date": "2026-06-19",
        "close": 5.668,
        "volume": 0
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        "date": "2026-06-26",
        "close": 5.605,
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        "date": "2026-07-03",
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        "date": "2026-07-10",
        "close": 5.593,
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        "date": "2026-07-17",
        "close": 5.39,
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      {
        "date": "2026-07-24",
        "close": 5.454,
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        "date": "2026-07-31",
        "close": 5.351,
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        "date": "2026-08-07",
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    ],
    "sharemaestro_context": {
      "trend": 5.124133,
      "fair_value": 4.836983,
      "market_activity": 31.233407,
      "market_dynamics": 0.317443,
      "relative_strength": 2.463167
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    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.02694,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.00417,
        "sufficient": false
      },
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        "horizon": "Intermediate",
        "sample_count": 0,
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        "directional_follow_through": null,
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        "conditional_difference": null,
        "sufficient": false
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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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        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
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    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2026-06-26",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.033185
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    ]
  }
}