{
  "ticker": {
    "uuid": "879f7324-1903-498d-980a-04a45b52322a",
    "symbol": "ICBR",
    "name": "INVESCO MARKETS II PLC INVESCO",
    "exchange": "LSE",
    "country": "GB",
    "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": 7.7855,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 5.932,
    "boundary_margin": 0.312458,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "High",
    "annualized_volatility": 0.331102,
    "volatility_stability": 1.0418,
    "risk_context": 0.302,
    "current_regime": {
      "move": 0.285691,
      "interruption": -0.056395,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 78.695,
    "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 established.",
      "boundary_context": "The latest close is 31.2% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is high."
    },
    "chart_path": [
      {
        "date": "2025-10-31",
        "close": 6.309,
        "direction_boundary": 5.22362,
        "core_momentum": 0.207783,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.166969
      },
      {
        "date": "2025-11-07",
        "close": 6.124,
        "direction_boundary": 5.525,
        "core_momentum": 0.108416,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.172757
      },
      {
        "date": "2025-11-14",
        "close": 6.1285,
        "direction_boundary": 5.399,
        "core_momentum": 0.135118,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.163074
      },
      {
        "date": "2025-11-21",
        "close": 5.778,
        "direction_boundary": 5.6175,
        "core_momentum": 0.028571,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.181989
      },
      {
        "date": "2025-11-28",
        "close": 5.957,
        "direction_boundary": 5.6635,
        "core_momentum": 0.051823,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.187196
      },
      {
        "date": "2025-12-05",
        "close": 6.0235,
        "direction_boundary": 5.844,
        "core_momentum": 0.030715,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.180132
      },
      {
        "date": "2025-12-12",
        "close": 6.045,
        "direction_boundary": 5.764,
        "core_momentum": 0.048751,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.179504
      },
      {
        "date": "2025-12-19",
        "close": 5.915,
        "direction_boundary": 5.682,
        "core_momentum": 0.041007,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.181926
      },
      {
        "date": "2025-12-26",
        "close": 5.8975,
        "direction_boundary": 5.7005,
        "core_momentum": 0.034558,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.176725
      },
      {
        "date": "2026-01-02",
        "close": 5.7795,
        "direction_boundary": 5.656,
        "core_momentum": 0.021835,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.175956
      },
      {
        "date": "2026-01-09",
        "close": 5.858,
        "direction_boundary": 5.5585,
        "core_momentum": 0.053881,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.171392
      },
      {
        "date": "2026-01-16",
        "close": 5.804,
        "direction_boundary": 5.725,
        "core_momentum": 0.013799,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.170268
      },
      {
        "date": "2026-01-23",
        "close": 5.792,
        "direction_boundary": 5.911,
        "core_momentum": -0.020132,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.168969
      },
      {
        "date": "2026-01-30",
        "close": 5.6615,
        "direction_boundary": 6.0635,
        "core_momentum": -0.066298,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.154733
      },
      {
        "date": "2026-02-06",
        "close": 5.37,
        "direction_boundary": 6.2365,
        "core_momentum": -0.13894,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.169834
      },
      {
        "date": "2026-02-13",
        "close": 5.4355,
        "direction_boundary": 6.4815,
        "core_momentum": -0.161382,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.170154
      },
      {
        "date": "2026-02-20",
        "close": 5.3285,
        "direction_boundary": 6.2755,
        "core_momentum": -0.150904,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.167379
      },
      {
        "date": "2026-02-27",
        "close": 4.984,
        "direction_boundary": 5.917,
        "core_momentum": -0.157681,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.186185
      },
      {
        "date": "2026-03-06",
        "close": 5.341,
        "direction_boundary": 5.7685,
        "core_momentum": -0.074109,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.214861
      },
      {
        "date": "2026-03-13",
        "close": 5.2645,
        "direction_boundary": 5.6825,
        "core_momentum": -0.073559,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.209907
      },
      {
        "date": "2026-03-20",
        "close": 5.2875,
        "direction_boundary": 5.774,
        "core_momentum": -0.084257,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.208232
      },
      {
        "date": "2026-03-27",
        "close": 5.01,
        "direction_boundary": 5.6035,
        "core_momentum": -0.105916,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.217835
      },
      {
        "date": "2026-04-03",
        "close": 5.192,
        "direction_boundary": 5.148,
        "core_momentum": 0.008547,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.22465
      },
      {
        "date": "2026-04-10",
        "close": 4.93,
        "direction_boundary": 5.251,
        "core_momentum": -0.061131,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.231831
      },
      {
        "date": "2026-04-17",
        "close": 5.479,
        "direction_boundary": 5.2715,
        "core_momentum": 0.039363,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.280469
      },
      {
        "date": "2026-04-24",
        "close": 5.4105,
        "direction_boundary": 5.479,
        "core_momentum": -0.012502,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.273011
      },
      {
        "date": "2026-05-01",
        "close": 5.6115,
        "direction_boundary": 5.7055,
        "core_momentum": -0.016475,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.278887
      },
      {
        "date": "2026-05-08",
        "close": 6.0555,
        "direction_boundary": 5.7785,
        "core_momentum": 0.047936,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.297741
      },
      {
        "date": "2026-05-15",
        "close": 6.1995,
        "direction_boundary": 6.025,
        "core_momentum": 0.028963,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.299588
      },
      {
        "date": "2026-05-22",
        "close": 6.6885,
        "direction_boundary": 5.9435,
        "core_momentum": 0.125347,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.304479
      },
      {
        "date": "2026-05-29",
        "close": 6.935,
        "direction_boundary": 5.945,
        "core_momentum": 0.166526,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.305508
      },
      {
        "date": "2026-06-05",
        "close": 6.9875,
        "direction_boundary": 6.1715,
        "core_momentum": 0.132221,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.305425
      },
      {
        "date": "2026-06-12",
        "close": 6.806,
        "direction_boundary": 6.0975,
        "core_momentum": 0.116195,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.308639
      },
      {
        "date": "2026-06-19",
        "close": 6.624,
        "direction_boundary": 6.102,
        "core_momentum": 0.085546,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.309642
      },
      {
        "date": "2026-06-26",
        "close": 6.8075,
        "direction_boundary": 6.28,
        "core_momentum": 0.083997,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.311056
      },
      {
        "date": "2026-07-03",
        "close": 7.3945,
        "direction_boundary": 6.391,
        "core_momentum": 0.157018,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.326395
      },
      {
        "date": "2026-07-10",
        "close": 7.6195,
        "direction_boundary": 6.168,
        "core_momentum": 0.235327,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.327599
      },
      {
        "date": "2026-07-17",
        "close": 7.678,
        "direction_boundary": 6.249,
        "core_momentum": 0.228677,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.326436
      },
      {
        "date": "2026-07-24",
        "close": 7.245,
        "direction_boundary": 6.323,
        "core_momentum": 0.145817,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.339794
      },
      {
        "date": "2026-07-31",
        "close": 7.3295,
        "direction_boundary": 5.986,
        "core_momentum": 0.22444,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.336771
      },
      {
        "date": "2026-08-07",
        "close": 7.7855,
        "direction_boundary": 5.932,
        "core_momentum": 0.312458,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.331102
      }
    ],
    "price_history": [
      {
        "date": "2024-11-01",
        "close": 5.22362,
        "volume": 0
      },
      {
        "date": "2024-11-08",
        "close": 5.525,
        "volume": 0
      },
      {
        "date": "2024-11-15",
        "close": 5.399,
        "volume": 3930
      },
      {
        "date": "2024-11-22",
        "close": 5.6175,
        "volume": 46380
      },
      {
        "date": "2024-11-29",
        "close": 5.6635,
        "volume": 7533
      },
      {
        "date": "2024-12-06",
        "close": 5.844,
        "volume": 3680
      },
      {
        "date": "2024-12-13",
        "close": 5.764,
        "volume": 139
      },
      {
        "date": "2024-12-20",
        "close": 5.682,
        "volume": 9455
      },
      {
        "date": "2024-12-27",
        "close": 5.7005,
        "volume": 4700
      },
      {
        "date": "2025-01-03",
        "close": 5.656,
        "volume": 9962
      },
      {
        "date": "2025-01-10",
        "close": 5.5585,
        "volume": 12652
      },
      {
        "date": "2025-01-17",
        "close": 5.725,
        "volume": 630
      },
      {
        "date": "2025-01-24",
        "close": 5.911,
        "volume": 28301
      },
      {
        "date": "2025-01-31",
        "close": 6.0635,
        "volume": 2540
      },
      {
        "date": "2025-02-07",
        "close": 6.2365,
        "volume": 35755
      },
      {
        "date": "2025-02-14",
        "close": 6.4815,
        "volume": 3
      },
      {
        "date": "2025-02-21",
        "close": 6.2755,
        "volume": 4814
      },
      {
        "date": "2025-02-28",
        "close": 5.917,
        "volume": 1990
      },
      {
        "date": "2025-03-07",
        "close": 5.7685,
        "volume": 5450
      },
      {
        "date": "2025-03-14",
        "close": 5.6825,
        "volume": 1700
      },
      {
        "date": "2025-03-21",
        "close": 5.774,
        "volume": 182
      },
      {
        "date": "2025-03-28",
        "close": 5.6035,
        "volume": 0
      },
      {
        "date": "2025-04-04",
        "close": 5.148,
        "volume": 34651
      },
      {
        "date": "2025-04-11",
        "close": 5.251,
        "volume": 33306
      },
      {
        "date": "2025-04-18",
        "close": 5.2715,
        "volume": 1940
      },
      {
        "date": "2025-04-25",
        "close": 5.479,
        "volume": 21
      },
      {
        "date": "2025-05-02",
        "close": 5.7055,
        "volume": 9396
      },
      {
        "date": "2025-05-09",
        "close": 5.7785,
        "volume": 6930
      },
      {
        "date": "2025-05-16",
        "close": 6.025,
        "volume": 10348
      },
      {
        "date": "2025-05-23",
        "close": 5.9435,
        "volume": 7526
      },
      {
        "date": "2025-05-30",
        "close": 5.945,
        "volume": 5750
      },
      {
        "date": "2025-06-06",
        "close": 6.1715,
        "volume": 3372
      },
      {
        "date": "2025-06-13",
        "close": 6.0975,
        "volume": 3
      },
      {
        "date": "2025-06-20",
        "close": 6.102,
        "volume": 0
      },
      {
        "date": "2025-06-27",
        "close": 6.28,
        "volume": 19181
      },
      {
        "date": "2025-07-04",
        "close": 6.391,
        "volume": 13223
      },
      {
        "date": "2025-07-11",
        "close": 6.168,
        "volume": 5356
      },
      {
        "date": "2025-07-18",
        "close": 6.249,
        "volume": 8380
      },
      {
        "date": "2025-07-25",
        "close": 6.323,
        "volume": 2047
      },
      {
        "date": "2025-08-01",
        "close": 5.986,
        "volume": 7046
      },
      {
        "date": "2025-08-08",
        "close": 5.932,
        "volume": 15253
      },
      {
        "date": "2025-08-15",
        "close": 5.9935,
        "volume": 5931
      },
      {
        "date": "2025-08-22",
        "close": 6.1265,
        "volume": 2621
      },
      {
        "date": "2025-08-29",
        "close": 6.1865,
        "volume": 1190
      },
      {
        "date": "2025-09-05",
        "close": 6.1875,
        "volume": 33
      },
      {
        "date": "2025-09-12",
        "close": 6.3565,
        "volume": 2063
      },
      {
        "date": "2025-09-19",
        "close": 6.4505,
        "volume": 9650
      },
      {
        "date": "2025-09-26",
        "close": 6.366,
        "volume": 51800
      },
      {
        "date": "2025-10-03",
        "close": 6.4485,
        "volume": 8451
      },
      {
        "date": "2025-10-10",
        "close": 6.3015,
        "volume": 7461
      },
      {
        "date": "2025-10-17",
        "close": 6.1665,
        "volume": 500
      },
      {
        "date": "2025-10-24",
        "close": 6.42075,
        "volume": 9983
      },
      {
        "date": "2025-10-31",
        "close": 6.309,
        "volume": 20326
      },
      {
        "date": "2025-11-07",
        "close": 6.124,
        "volume": 8370
      },
      {
        "date": "2025-11-14",
        "close": 6.1285,
        "volume": 1225
      },
      {
        "date": "2025-11-21",
        "close": 5.778,
        "volume": 32934
      },
      {
        "date": "2025-11-28",
        "close": 5.957,
        "volume": 5
      },
      {
        "date": "2025-12-05",
        "close": 6.0235,
        "volume": 5195
      },
      {
        "date": "2025-12-12",
        "close": 6.045,
        "volume": 0
      },
      {
        "date": "2025-12-19",
        "close": 5.915,
        "volume": 9719
      },
      {
        "date": "2025-12-26",
        "close": 5.8975,
        "volume": 100
      },
      {
        "date": "2026-01-02",
        "close": 5.7795,
        "volume": 0
      },
      {
        "date": "2026-01-09",
        "close": 5.858,
        "volume": 2081
      },
      {
        "date": "2026-01-16",
        "close": 5.804,
        "volume": 2100
      },
      {
        "date": "2026-01-23",
        "close": 5.792,
        "volume": 2711
      },
      {
        "date": "2026-01-30",
        "close": 5.6615,
        "volume": 3130
      },
      {
        "date": "2026-02-06",
        "close": 5.37,
        "volume": 43538
      },
      {
        "date": "2026-02-13",
        "close": 5.4355,
        "volume": 30657
      },
      {
        "date": "2026-02-20",
        "close": 5.3285,
        "volume": 37935
      },
      {
        "date": "2026-02-27",
        "close": 4.984,
        "volume": 21472
      },
      {
        "date": "2026-03-06",
        "close": 5.341,
        "volume": 55222
      },
      {
        "date": "2026-03-13",
        "close": 5.2645,
        "volume": 32162
      },
      {
        "date": "2026-03-20",
        "close": 5.2875,
        "volume": 26144
      },
      {
        "date": "2026-03-27",
        "close": 5.01,
        "volume": 41828
      },
      {
        "date": "2026-04-03",
        "close": 5.192,
        "volume": 53133
      },
      {
        "date": "2026-04-10",
        "close": 4.93,
        "volume": 864750
      },
      {
        "date": "2026-04-17",
        "close": 5.479,
        "volume": 82444
      },
      {
        "date": "2026-04-24",
        "close": 5.4105,
        "volume": 39593
      },
      {
        "date": "2026-05-01",
        "close": 5.6115,
        "volume": 69634
      },
      {
        "date": "2026-05-08",
        "close": 6.0555,
        "volume": 52320
      },
      {
        "date": "2026-05-15",
        "close": 6.1995,
        "volume": 3800
      },
      {
        "date": "2026-05-22",
        "close": 6.6885,
        "volume": 3657
      },
      {
        "date": "2026-05-29",
        "close": 6.935,
        "volume": 183187
      },
      {
        "date": "2026-06-05",
        "close": 6.9875,
        "volume": 9510
      },
      {
        "date": "2026-06-12",
        "close": 6.806,
        "volume": 2580
      },
      {
        "date": "2026-06-19",
        "close": 6.624,
        "volume": 0
      },
      {
        "date": "2026-06-26",
        "close": 6.8075,
        "volume": 850
      },
      {
        "date": "2026-07-03",
        "close": 7.3945,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 7.6195,
        "volume": 51627
      },
      {
        "date": "2026-07-17",
        "close": 7.678,
        "volume": 84293
      },
      {
        "date": "2026-07-24",
        "close": 7.245,
        "volume": 206693
      },
      {
        "date": "2026-07-31",
        "close": 7.3295,
        "volume": 13320
      },
      {
        "date": "2026-08-07",
        "close": 7.7855,
        "volume": 14753
      }
    ],
    "sharemaestro_context": {
      "trend": 6.135233,
      "fair_value": 6.002101,
      "market_activity": 81.8283,
      "market_dynamics": 1.156993,
      "relative_strength": 16.962949
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": 0.059808,
        "directional_follow_through": 0.75,
        "regime_survival": 1.0,
        "conditional_difference": 0.068599,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": -0.102631,
        "directional_follow_through": 0.0,
        "regime_survival": 0.0,
        "conditional_difference": -0.162042,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 1,
        "median_return": -0.110556,
        "directional_follow_through": 0.0,
        "regime_survival": 0.0,
        "conditional_difference": -0.270596,
        "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": "2025-10-31",
        "end": "2026-01-16",
        "tenure": "Developing",
        "return": -0.080044
      },
      {
        "direction": "negative",
        "start": "2026-01-23",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.135014
      },
      {
        "direction": "positive",
        "start": "2026-04-03",
        "end": "2026-04-03",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "negative",
        "start": "2026-04-10",
        "end": "2026-04-10",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "positive",
        "start": "2026-04-17",
        "end": "2026-04-17",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "negative",
        "start": "2026-04-24",
        "end": "2026-05-01",
        "tenure": "Brief",
        "return": 0.03715
      },
      {
        "direction": "positive",
        "start": "2026-05-08",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.285691
      }
    ]
  }
}