{
  "ticker": {
    "uuid": "8cacdeb0-59cf-4428-98b0-f875dcf01d1b",
    "symbol": "EMGM",
    "name": "FRANKLIN TEMPLETON ICAV FRANKLI",
    "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": 33.912498,
    "direction": "positive",
    "state": "Positive, shorter trend weakening",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 27.76,
    "boundary_margin": 0.221632,
    "trend_agreement": "Broadly aligned",
    "persistence": "Mature",
    "direction_turnover": "Low",
    "annualized_volatility": 0.181014,
    "volatility_stability": 1.0453,
    "risk_context": 0.5524,
    "current_regime": {
      "move": 0.123302,
      "interruption": -0.094114,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 90.0,
    "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 has persisted into a mature lifecycle.",
      "boundary_context": "The latest close is 22.2% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2025-10-24",
        "close": 30.190001,
        "direction_boundary": 25.182501,
        "core_momentum": 0.198848,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.135932
      },
      {
        "date": "2025-10-31",
        "close": 30.2325,
        "direction_boundary": 25.057501,
        "core_momentum": 0.206525,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.129132
      },
      {
        "date": "2025-11-07",
        "close": 29.82,
        "direction_boundary": 24.785,
        "core_momentum": 0.203147,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.131741
      },
      {
        "date": "2025-11-14",
        "close": 30.3575,
        "direction_boundary": 24.067499,
        "core_momentum": 0.261348,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.128499
      },
      {
        "date": "2025-11-21",
        "close": 29.7575,
        "direction_boundary": 23.9925,
        "core_momentum": 0.240283,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.133028
      },
      {
        "date": "2025-11-28",
        "close": 29.907499,
        "direction_boundary": 24.0825,
        "core_momentum": 0.241877,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.129629
      },
      {
        "date": "2025-12-05",
        "close": 29.889999,
        "direction_boundary": 24.637501,
        "core_momentum": 0.213191,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.127083
      },
      {
        "date": "2025-12-12",
        "close": 29.76,
        "direction_boundary": 24.780001,
        "core_momentum": 0.200968,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.12771
      },
      {
        "date": "2025-12-19",
        "close": 29.9575,
        "direction_boundary": 24.290001,
        "core_momentum": 0.233326,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.124668
      },
      {
        "date": "2025-12-26",
        "close": 30.18,
        "direction_boundary": 24.34,
        "core_momentum": 0.239934,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.115192
      },
      {
        "date": "2026-01-02",
        "close": 30.692499,
        "direction_boundary": 24.1975,
        "core_momentum": 0.268416,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.116452
      },
      {
        "date": "2026-01-09",
        "close": 31.16,
        "direction_boundary": 23.514999,
        "core_momentum": 0.325112,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.117195
      },
      {
        "date": "2026-01-16",
        "close": 31.4925,
        "direction_boundary": 24.215,
        "core_momentum": 0.300537,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114844
      },
      {
        "date": "2026-01-23",
        "close": 31.782499,
        "direction_boundary": 24.247499,
        "core_momentum": 0.310754,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114764
      },
      {
        "date": "2026-01-30",
        "close": 31.8575,
        "direction_boundary": 24.375,
        "core_momentum": 0.306974,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.107412
      },
      {
        "date": "2026-02-06",
        "close": 32.112499,
        "direction_boundary": 24.375,
        "core_momentum": 0.317436,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.104994
      },
      {
        "date": "2026-02-13",
        "close": 32.5425,
        "direction_boundary": 24.9575,
        "core_momentum": 0.303917,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.105277
      },
      {
        "date": "2026-02-20",
        "close": 32.619999,
        "direction_boundary": 25.397499,
        "core_momentum": 0.284378,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.10317
      },
      {
        "date": "2026-02-27",
        "close": 32.567501,
        "direction_boundary": 24.237499,
        "core_momentum": 0.343682,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.098521
      },
      {
        "date": "2026-03-06",
        "close": 30.5525,
        "direction_boundary": 24.932501,
        "core_momentum": 0.225409,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.137635
      },
      {
        "date": "2026-03-13",
        "close": 30.33,
        "direction_boundary": 25.02,
        "core_momentum": 0.21223,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.130698
      },
      {
        "date": "2026-03-20",
        "close": 29.625,
        "direction_boundary": 25.1,
        "core_momentum": 0.180279,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.133185
      },
      {
        "date": "2026-03-27",
        "close": 29.549999,
        "direction_boundary": 24.815001,
        "core_momentum": 0.190812,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.132185
      },
      {
        "date": "2026-04-03",
        "close": 30.17,
        "direction_boundary": 23.1075,
        "core_momentum": 0.305637,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.129869
      },
      {
        "date": "2026-04-10",
        "close": 31.815001,
        "direction_boundary": 23.014999,
        "core_momentum": 0.382359,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.14204
      },
      {
        "date": "2026-04-17",
        "close": 33.0625,
        "direction_boundary": 23.7875,
        "core_momentum": 0.389911,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.14932
      },
      {
        "date": "2026-04-24",
        "close": 32.855,
        "direction_boundary": 24.455,
        "core_momentum": 0.343488,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.149667
      },
      {
        "date": "2026-05-01",
        "close": 33.087502,
        "direction_boundary": 25.4025,
        "core_momentum": 0.302529,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.149732
      },
      {
        "date": "2026-05-08",
        "close": 34.022499,
        "direction_boundary": 25.3575,
        "core_momentum": 0.341713,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.151277
      },
      {
        "date": "2026-05-15",
        "close": 32.849998,
        "direction_boundary": 26.122499,
        "core_momentum": 0.257537,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.159889
      },
      {
        "date": "2026-05-22",
        "close": 33.060001,
        "direction_boundary": 26.075001,
        "core_momentum": 0.267881,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.156447
      },
      {
        "date": "2026-05-29",
        "close": 33.630001,
        "direction_boundary": 25.67,
        "core_momentum": 0.31009,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.157489
      },
      {
        "date": "2026-06-05",
        "close": 32.889999,
        "direction_boundary": 26.305,
        "core_momentum": 0.250333,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.161701
      },
      {
        "date": "2026-06-12",
        "close": 33.345001,
        "direction_boundary": 26.469999,
        "core_momentum": 0.259728,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.161849
      },
      {
        "date": "2026-06-19",
        "close": 33.825001,
        "direction_boundary": 26.0825,
        "core_momentum": 0.296847,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.162411
      },
      {
        "date": "2026-06-26",
        "close": 32.782501,
        "direction_boundary": 27.1075,
        "core_momentum": 0.209352,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.169811
      },
      {
        "date": "2026-07-03",
        "close": 33.4925,
        "direction_boundary": 27.15,
        "core_momentum": 0.23361,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.170666
      },
      {
        "date": "2026-07-10",
        "close": 33.577499,
        "direction_boundary": 27.1775,
        "core_momentum": 0.235489,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.169822
      },
      {
        "date": "2026-07-17",
        "close": 32.447498,
        "direction_boundary": 27.795,
        "core_momentum": 0.167386,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.176971
      },
      {
        "date": "2026-07-24",
        "close": 32.700001,
        "direction_boundary": 27.790001,
        "core_momentum": 0.176682,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.176854
      },
      {
        "date": "2026-07-31",
        "close": 32.942501,
        "direction_boundary": 27.155001,
        "core_momentum": 0.213128,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.177063
      },
      {
        "date": "2026-08-07",
        "close": 33.912498,
        "direction_boundary": 27.76,
        "core_momentum": 0.221632,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.181014
      }
    ],
    "price_history": [
      {
        "date": "2024-10-25",
        "close": 25.182501,
        "volume": 0
      },
      {
        "date": "2024-11-01",
        "close": 25.057501,
        "volume": 0
      },
      {
        "date": "2024-11-08",
        "close": 24.785,
        "volume": 0
      },
      {
        "date": "2024-11-15",
        "close": 24.067499,
        "volume": 0
      },
      {
        "date": "2024-11-22",
        "close": 23.9925,
        "volume": 0
      },
      {
        "date": "2024-11-29",
        "close": 24.0825,
        "volume": 0
      },
      {
        "date": "2024-12-06",
        "close": 24.637501,
        "volume": 1034
      },
      {
        "date": "2024-12-13",
        "close": 24.780001,
        "volume": 0
      },
      {
        "date": "2024-12-20",
        "close": 24.290001,
        "volume": 800
      },
      {
        "date": "2024-12-27",
        "close": 24.34,
        "volume": 800
      },
      {
        "date": "2025-01-03",
        "close": 24.1975,
        "volume": 0
      },
      {
        "date": "2025-01-10",
        "close": 23.514999,
        "volume": 0
      },
      {
        "date": "2025-01-17",
        "close": 24.215,
        "volume": 564
      },
      {
        "date": "2025-01-24",
        "close": 24.247499,
        "volume": 9441
      },
      {
        "date": "2025-01-31",
        "close": 24.375,
        "volume": 5
      },
      {
        "date": "2025-02-07",
        "close": 24.375,
        "volume": 0
      },
      {
        "date": "2025-02-14",
        "close": 24.9575,
        "volume": 0
      },
      {
        "date": "2025-02-21",
        "close": 25.397499,
        "volume": 0
      },
      {
        "date": "2025-02-28",
        "close": 24.237499,
        "volume": 0
      },
      {
        "date": "2025-03-07",
        "close": 24.932501,
        "volume": 0
      },
      {
        "date": "2025-03-14",
        "close": 25.02,
        "volume": 0
      },
      {
        "date": "2025-03-21",
        "close": 25.1,
        "volume": 0
      },
      {
        "date": "2025-03-28",
        "close": 24.815001,
        "volume": 0
      },
      {
        "date": "2025-04-04",
        "close": 23.1075,
        "volume": 0
      },
      {
        "date": "2025-04-11",
        "close": 23.014999,
        "volume": 0
      },
      {
        "date": "2025-04-18",
        "close": 23.7875,
        "volume": 1274
      },
      {
        "date": "2025-04-25",
        "close": 24.455,
        "volume": 0
      },
      {
        "date": "2025-05-02",
        "close": 25.4025,
        "volume": 14
      },
      {
        "date": "2025-05-09",
        "close": 25.3575,
        "volume": 20
      },
      {
        "date": "2025-05-16",
        "close": 26.122499,
        "volume": 38
      },
      {
        "date": "2025-05-23",
        "close": 26.075001,
        "volume": 0
      },
      {
        "date": "2025-05-30",
        "close": 25.67,
        "volume": 0
      },
      {
        "date": "2025-06-06",
        "close": 26.305,
        "volume": 20
      },
      {
        "date": "2025-06-13",
        "close": 26.469999,
        "volume": 75
      },
      {
        "date": "2025-06-20",
        "close": 26.0825,
        "volume": 37
      },
      {
        "date": "2025-06-27",
        "close": 27.1075,
        "volume": 91
      },
      {
        "date": "2025-07-04",
        "close": 27.15,
        "volume": 38
      },
      {
        "date": "2025-07-11",
        "close": 27.1775,
        "volume": 2900
      },
      {
        "date": "2025-07-18",
        "close": 27.795,
        "volume": 0
      },
      {
        "date": "2025-07-25",
        "close": 27.790001,
        "volume": 507
      },
      {
        "date": "2025-08-01",
        "close": 27.155001,
        "volume": 0
      },
      {
        "date": "2025-08-08",
        "close": 27.76,
        "volume": 55
      },
      {
        "date": "2025-08-15",
        "close": 28.067499,
        "volume": 722
      },
      {
        "date": "2025-08-22",
        "close": 28.647499,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 28.1525,
        "volume": 45
      },
      {
        "date": "2025-09-05",
        "close": 28.387501,
        "volume": 50
      },
      {
        "date": "2025-09-12",
        "close": 29.3675,
        "volume": 3
      },
      {
        "date": "2025-09-19",
        "close": 29.8475,
        "volume": 0
      },
      {
        "date": "2025-09-26",
        "close": 29.495001,
        "volume": 735
      },
      {
        "date": "2025-10-03",
        "close": 30.305,
        "volume": 0
      },
      {
        "date": "2025-10-10",
        "close": 29.397499,
        "volume": 1603
      },
      {
        "date": "2025-10-17",
        "close": 29.879999,
        "volume": 340
      },
      {
        "date": "2025-10-24",
        "close": 30.190001,
        "volume": 14
      },
      {
        "date": "2025-10-31",
        "close": 30.2325,
        "volume": 724
      },
      {
        "date": "2025-11-07",
        "close": 29.82,
        "volume": 0
      },
      {
        "date": "2025-11-14",
        "close": 30.3575,
        "volume": 0
      },
      {
        "date": "2025-11-21",
        "close": 29.7575,
        "volume": 0
      },
      {
        "date": "2025-11-28",
        "close": 29.907499,
        "volume": 5
      },
      {
        "date": "2025-12-05",
        "close": 29.889999,
        "volume": 2130
      },
      {
        "date": "2025-12-12",
        "close": 29.76,
        "volume": 408
      },
      {
        "date": "2025-12-19",
        "close": 29.9575,
        "volume": 109
      },
      {
        "date": "2025-12-26",
        "close": 30.18,
        "volume": 0
      },
      {
        "date": "2026-01-02",
        "close": 30.692499,
        "volume": 104
      },
      {
        "date": "2026-01-09",
        "close": 31.16,
        "volume": 251
      },
      {
        "date": "2026-01-16",
        "close": 31.4925,
        "volume": 708
      },
      {
        "date": "2026-01-23",
        "close": 31.782499,
        "volume": 10
      },
      {
        "date": "2026-01-30",
        "close": 31.8575,
        "volume": 65
      },
      {
        "date": "2026-02-06",
        "close": 32.112499,
        "volume": 0
      },
      {
        "date": "2026-02-13",
        "close": 32.5425,
        "volume": 94
      },
      {
        "date": "2026-02-20",
        "close": 32.619999,
        "volume": 391
      },
      {
        "date": "2026-02-27",
        "close": 32.567501,
        "volume": 1933
      },
      {
        "date": "2026-03-06",
        "close": 30.5525,
        "volume": 0
      },
      {
        "date": "2026-03-13",
        "close": 30.33,
        "volume": 15
      },
      {
        "date": "2026-03-20",
        "close": 29.625,
        "volume": 151
      },
      {
        "date": "2026-03-27",
        "close": 29.549999,
        "volume": 40
      },
      {
        "date": "2026-04-03",
        "close": 30.17,
        "volume": 800
      },
      {
        "date": "2026-04-10",
        "close": 31.815001,
        "volume": 0
      },
      {
        "date": "2026-04-17",
        "close": 33.0625,
        "volume": 0
      },
      {
        "date": "2026-04-24",
        "close": 32.855,
        "volume": 400
      },
      {
        "date": "2026-05-01",
        "close": 33.087502,
        "volume": 5
      },
      {
        "date": "2026-05-08",
        "close": 34.022499,
        "volume": 1628
      },
      {
        "date": "2026-05-15",
        "close": 32.849998,
        "volume": 800
      },
      {
        "date": "2026-05-22",
        "close": 33.060001,
        "volume": 385
      },
      {
        "date": "2026-05-29",
        "close": 33.630001,
        "volume": 31
      },
      {
        "date": "2026-06-05",
        "close": 32.889999,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 33.345001,
        "volume": 42
      },
      {
        "date": "2026-06-19",
        "close": 33.825001,
        "volume": 198
      },
      {
        "date": "2026-06-26",
        "close": 32.782501,
        "volume": 0
      },
      {
        "date": "2026-07-03",
        "close": 33.4925,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 33.577499,
        "volume": 309
      },
      {
        "date": "2026-07-17",
        "close": 32.447498,
        "volume": 393
      },
      {
        "date": "2026-07-24",
        "close": 32.700001,
        "volume": 39
      },
      {
        "date": "2026-07-31",
        "close": 32.942501,
        "volume": 1555
      },
      {
        "date": "2026-08-07",
        "close": 33.912498,
        "volume": 2369
      }
    ],
    "sharemaestro_context": {
      "trend": 32.383333,
      "fair_value": 28.546144,
      "market_activity": 8.380629,
      "market_dynamics": -0.353511,
      "relative_strength": 0.160712
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": 0.111844,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.1023,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.109391,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.070781,
        "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": "2025-10-24",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.123302
      }
    ]
  }
}