{
  "ticker": {
    "uuid": "7eabdd12-b7cb-4d77-a92a-c825d0a38d66",
    "symbol": "H414",
    "name": "Hsbc Plus Emerging Markets Equity Quant Active Ucits Etf",
    "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": "2026-08-21",
    "latest_close": 11.82,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 8.633,
    "boundary_margin": 0.369165,
    "trend_agreement": "Fully aligned",
    "persistence": "Fresh",
    "direction_turnover": "Low",
    "annualized_volatility": 0.235691,
    "volatility_stability": 1.097,
    "risk_context": 0.4243,
    "current_regime": {
      "move": 0.0,
      "interruption": 0.0,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 90.385,
    "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 is newly established.",
      "boundary_context": "The latest close is 36.9% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-08-21",
        "close": 11.82,
        "direction_boundary": 8.633,
        "core_momentum": 0.369165,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.235691
      }
    ],
    "price_history": [
      {
        "date": "2025-08-22",
        "close": 8.633,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 8.521,
        "volume": 0
      },
      {
        "date": "2025-09-05",
        "close": 8.543,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 8.867,
        "volume": 0
      },
      {
        "date": "2025-09-19",
        "close": 8.997,
        "volume": 0
      },
      {
        "date": "2025-09-26",
        "close": 8.96,
        "volume": 70
      },
      {
        "date": "2025-10-03",
        "close": 9.205,
        "volume": 2420
      },
      {
        "date": "2025-10-10",
        "close": 9.024,
        "volume": 8000
      },
      {
        "date": "2025-10-17",
        "close": 9.179,
        "volume": 0
      },
      {
        "date": "2025-10-24",
        "close": 9.402,
        "volume": 0
      },
      {
        "date": "2025-10-31",
        "close": 9.425,
        "volume": 0
      },
      {
        "date": "2025-11-07",
        "close": 9.204,
        "volume": 0
      },
      {
        "date": "2025-11-14",
        "close": 9.358,
        "volume": 0
      },
      {
        "date": "2025-11-21",
        "close": 9.036,
        "volume": 0
      },
      {
        "date": "2025-11-28",
        "close": 9.236,
        "volume": 0
      },
      {
        "date": "2025-12-05",
        "close": 9.31,
        "volume": 0
      },
      {
        "date": "2025-12-12",
        "close": 9.148,
        "volume": 100
      },
      {
        "date": "2025-12-19",
        "close": 9.229,
        "volume": 0
      },
      {
        "date": "2025-12-26",
        "close": 9.237,
        "volume": 0
      },
      {
        "date": "2026-01-02",
        "close": 9.593,
        "volume": 0
      },
      {
        "date": "2026-01-09",
        "close": 9.894,
        "volume": 608
      },
      {
        "date": "2026-01-16",
        "close": 10.082,
        "volume": 500
      },
      {
        "date": "2026-01-23",
        "close": 10.108,
        "volume": 0
      },
      {
        "date": "2026-01-30",
        "close": 10.15,
        "volume": 0
      },
      {
        "date": "2026-02-06",
        "close": 10.264,
        "volume": 0
      },
      {
        "date": "2026-02-13",
        "close": 10.38,
        "volume": 400
      },
      {
        "date": "2026-02-20",
        "close": 10.65,
        "volume": 73
      },
      {
        "date": "2026-02-27",
        "close": 10.722,
        "volume": 5377
      },
      {
        "date": "2026-03-06",
        "close": 10.044,
        "volume": 10738
      },
      {
        "date": "2026-03-13",
        "close": 10.1,
        "volume": 21090
      },
      {
        "date": "2026-03-20",
        "close": 9.848,
        "volume": 2052
      },
      {
        "date": "2026-03-27",
        "close": 9.728,
        "volume": 11477
      },
      {
        "date": "2026-04-03",
        "close": 9.889,
        "volume": 3304
      },
      {
        "date": "2026-04-10",
        "close": 10.488,
        "volume": 2140
      },
      {
        "date": "2026-04-17",
        "close": 11.016,
        "volume": 11009
      },
      {
        "date": "2026-04-24",
        "close": 11.006,
        "volume": 25
      },
      {
        "date": "2026-05-01",
        "close": 10.98,
        "volume": 30
      },
      {
        "date": "2026-05-08",
        "close": 11.778,
        "volume": 1471
      },
      {
        "date": "2026-05-15",
        "close": 11.504,
        "volume": 2894
      },
      {
        "date": "2026-05-22",
        "close": 11.73,
        "volume": 7450
      },
      {
        "date": "2026-05-29",
        "close": 12.11,
        "volume": 5097
      },
      {
        "date": "2026-06-05",
        "close": 11.702,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 12.096,
        "volume": 5
      },
      {
        "date": "2026-06-19",
        "close": 12.638,
        "volume": 89
      },
      {
        "date": "2026-06-26",
        "close": 12.248,
        "volume": 2098
      },
      {
        "date": "2026-07-03",
        "close": 12.25,
        "volume": 93
      },
      {
        "date": "2026-07-10",
        "close": 12.068,
        "volume": 9181
      },
      {
        "date": "2026-07-17",
        "close": 11.376,
        "volume": 0
      },
      {
        "date": "2026-07-24",
        "close": 11.554,
        "volume": 23384
      },
      {
        "date": "2026-07-31",
        "close": 11.394,
        "volume": 10963
      },
      {
        "date": "2026-08-07",
        "close": 11.652,
        "volume": 2954
      },
      {
        "date": "2026-08-14",
        "close": 11.826,
        "volume": 59567
      },
      {
        "date": "2026-08-21",
        "close": 11.82,
        "volume": 20654
      }
    ],
    "sharemaestro_context": {
      "trend": 11.167033,
      "fair_value": 10.324566,
      "market_activity": 9.982413,
      "market_dynamics": -0.279146,
      "relative_strength": 6.7403
    },
    "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": "positive",
        "start": "2026-08-21",
        "end": "2026-08-21",
        "tenure": "Brief",
        "return": 0.0
      }
    ]
  }
}