{
  "ticker": {
    "uuid": "808b29d2-10ff-4b04-8d79-5f80238e519e",
    "symbol": "CAPH",
    "name": "Ossiam Shiller Barclays CAPE US",
    "exchange": "PAR",
    "country": "FR",
    "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": 1180.418945,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 1112.281006,
    "boundary_margin": 0.06126,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.11529,
    "volatility_stability": 0.7405,
    "risk_context": 0.8674,
    "current_regime": {
      "move": 0.04943,
      "interruption": -0.004633,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 79.017,
    "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 6.1% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-06-19",
        "close": 1124.81897,
        "direction_boundary": 1077.137939,
        "core_momentum": 0.044266,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.114956
      },
      {
        "date": "2026-06-26",
        "close": 1141.855957,
        "direction_boundary": 1100.531006,
        "core_momentum": 0.03755,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.117014
      },
      {
        "date": "2026-07-03",
        "close": 1161.647949,
        "direction_boundary": 1116.442993,
        "core_momentum": 0.04049,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.118768
      },
      {
        "date": "2026-07-10",
        "close": 1163.915039,
        "direction_boundary": 1107.875,
        "core_momentum": 0.050583,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114804
      },
      {
        "date": "2026-07-17",
        "close": 1183.68396,
        "direction_boundary": 1107.795044,
        "core_momentum": 0.068504,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.116623
      },
      {
        "date": "2026-07-24",
        "close": 1178.199951,
        "direction_boundary": 1119.57605,
        "core_momentum": 0.052363,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.116117
      },
      {
        "date": "2026-07-31",
        "close": 1180.418945,
        "direction_boundary": 1087.135986,
        "core_momentum": 0.085806,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.115809
      },
      {
        "date": "2026-08-07",
        "close": 1180.418945,
        "direction_boundary": 1112.281006,
        "core_momentum": 0.06126,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.11529
      }
    ],
    "price_history": [
      {
        "date": "2025-06-20",
        "close": 1077.137939,
        "volume": 0
      },
      {
        "date": "2025-06-27",
        "close": 1100.531006,
        "volume": 0
      },
      {
        "date": "2025-07-04",
        "close": 1116.442993,
        "volume": 24
      },
      {
        "date": "2025-07-11",
        "close": 1107.875,
        "volume": 0
      },
      {
        "date": "2025-07-18",
        "close": 1107.795044,
        "volume": 19
      },
      {
        "date": "2025-07-25",
        "close": 1119.57605,
        "volume": 0
      },
      {
        "date": "2025-08-01",
        "close": 1087.135986,
        "volume": 0
      },
      {
        "date": "2025-08-08",
        "close": 1112.281006,
        "volume": 0
      },
      {
        "date": "2025-08-15",
        "close": 1131.391968,
        "volume": 0
      },
      {
        "date": "2025-08-22",
        "close": 1142.588989,
        "volume": 71
      },
      {
        "date": "2025-08-29",
        "close": 1133.609009,
        "volume": 0
      },
      {
        "date": "2025-09-05",
        "close": 1143.776978,
        "volume": 15
      },
      {
        "date": "2025-09-12",
        "close": 1152.31604,
        "volume": 27
      },
      {
        "date": "2025-09-19",
        "close": 1153.387939,
        "volume": 20
      },
      {
        "date": "2025-09-26",
        "close": 1135.567017,
        "volume": 0
      },
      {
        "date": "2025-10-03",
        "close": 1139.488037,
        "volume": 0
      },
      {
        "date": "2025-10-10",
        "close": 1119.827026,
        "volume": 0
      },
      {
        "date": "2025-10-17",
        "close": 1124.317017,
        "volume": 70
      },
      {
        "date": "2025-10-24",
        "close": 1138.974976,
        "volume": 0
      },
      {
        "date": "2025-10-31",
        "close": 1113.906006,
        "volume": 4
      },
      {
        "date": "2025-11-07",
        "close": 1096.989014,
        "volume": 48
      },
      {
        "date": "2025-11-14",
        "close": 1109.156982,
        "volume": 35
      },
      {
        "date": "2025-11-21",
        "close": 1104.192017,
        "volume": 0
      },
      {
        "date": "2025-11-28",
        "close": 1139.774048,
        "volume": 0
      },
      {
        "date": "2025-12-05",
        "close": 1138.890991,
        "volume": 0
      },
      {
        "date": "2025-12-12",
        "close": 1139.152954,
        "volume": 0
      },
      {
        "date": "2025-12-19",
        "close": 1145.876953,
        "volume": 32
      },
      {
        "date": "2025-12-26",
        "close": 1145.583984,
        "volume": 0
      },
      {
        "date": "2026-01-02",
        "close": 1136.052979,
        "volume": 20
      },
      {
        "date": "2026-01-09",
        "close": 1161.366943,
        "volume": 0
      },
      {
        "date": "2026-01-16",
        "close": 1153.383057,
        "volume": 0
      },
      {
        "date": "2026-01-23",
        "close": 1165.05896,
        "volume": 0
      },
      {
        "date": "2026-01-30",
        "close": 1158.616943,
        "volume": 0
      },
      {
        "date": "2026-02-06",
        "close": 1168.291016,
        "volume": 0
      },
      {
        "date": "2026-02-13",
        "close": 1188.338013,
        "volume": 10
      },
      {
        "date": "2026-02-20",
        "close": 1173.860962,
        "volume": 18
      },
      {
        "date": "2026-02-27",
        "close": 1191.812988,
        "volume": 0
      },
      {
        "date": "2026-03-06",
        "close": 1153.482056,
        "volume": 13
      },
      {
        "date": "2026-03-13",
        "close": 1132.822998,
        "volume": 120
      },
      {
        "date": "2026-03-20",
        "close": 1101.48999,
        "volume": 29
      },
      {
        "date": "2026-03-27",
        "close": 1083.546021,
        "volume": 17
      },
      {
        "date": "2026-04-03",
        "close": 1107.665039,
        "volume": 0
      },
      {
        "date": "2026-04-10",
        "close": 1122.729004,
        "volume": 0
      },
      {
        "date": "2026-04-17",
        "close": 1155.390991,
        "volume": 28
      },
      {
        "date": "2026-04-24",
        "close": 1133.974976,
        "volume": 0
      },
      {
        "date": "2026-05-01",
        "close": 1134.953979,
        "volume": 0
      },
      {
        "date": "2026-05-08",
        "close": 1150.277954,
        "volume": 0
      },
      {
        "date": "2026-05-15",
        "close": 1131.831055,
        "volume": 0
      },
      {
        "date": "2026-05-22",
        "close": 1134.187988,
        "volume": 0
      },
      {
        "date": "2026-05-29",
        "close": 1139.959961,
        "volume": 57
      },
      {
        "date": "2026-06-05",
        "close": 1133.03894,
        "volume": 54
      },
      {
        "date": "2026-06-12",
        "close": 1143.271973,
        "volume": 0
      },
      {
        "date": "2026-06-19",
        "close": 1124.81897,
        "volume": 16
      },
      {
        "date": "2026-06-26",
        "close": 1141.855957,
        "volume": 287
      },
      {
        "date": "2026-07-03",
        "close": 1161.647949,
        "volume": 3
      },
      {
        "date": "2026-07-10",
        "close": 1163.915039,
        "volume": 0
      },
      {
        "date": "2026-07-17",
        "close": 1183.68396,
        "volume": 9
      },
      {
        "date": "2026-07-24",
        "close": 1178.199951,
        "volume": 13
      },
      {
        "date": "2026-07-31",
        "close": 1180.418945,
        "volume": 40
      },
      {
        "date": "2026-08-07",
        "close": 1180.418945,
        "volume": 0
      }
    ],
    "sharemaestro_context": {
      "trend": 1149.098153,
      "fair_value": 1137.465125,
      "market_activity": 91.942575,
      "market_dynamics": 0.950994,
      "relative_strength": -3.509505
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": 0.016159,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.007835,
        "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": "2026-06-19",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.04943
      }
    ]
  }
}