{
  "ticker": {
    "uuid": "8f4e9739-6f45-428e-9650-772211d1e30e",
    "symbol": "SPQG",
    "name": "Invesco Markets II plc - Invesco S&P 500 Quality UCITS ETF Dist",
    "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": 4.60275,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 3.844992,
    "boundary_margin": 0.197077,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.129579,
    "volatility_stability": 1.2989,
    "risk_context": 0.7717,
    "current_regime": {
      "move": -0.038841,
      "interruption": -0.055703,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 92.308,
    "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 19.7% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-03",
        "close": 4.78875,
        "direction_boundary": 3.795996,
        "core_momentum": 0.261527,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.122553
      },
      {
        "date": "2026-07-10",
        "close": 4.73,
        "direction_boundary": 3.811744,
        "core_momentum": 0.240902,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.120129
      },
      {
        "date": "2026-07-17",
        "close": 4.54625,
        "direction_boundary": 3.844742,
        "core_momentum": 0.182459,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.135005
      },
      {
        "date": "2026-07-24",
        "close": 4.61475,
        "direction_boundary": 3.908488,
        "core_momentum": 0.1807,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.130799
      },
      {
        "date": "2026-07-31",
        "close": 4.522,
        "direction_boundary": 3.86399,
        "core_momentum": 0.170293,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.134778
      },
      {
        "date": "2026-08-07",
        "close": 4.60275,
        "direction_boundary": 3.844992,
        "core_momentum": 0.197077,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.129579
      }
    ],
    "price_history": [
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        "date": "2025-07-04",
        "close": 3.795996,
        "volume": 0
      },
      {
        "date": "2025-07-11",
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        "volume": 0
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        "date": "2025-08-08",
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      {
        "date": "2025-08-15",
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        "volume": 4762
      },
      {
        "date": "2025-08-22",
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        "volume": 19262
      },
      {
        "date": "2025-08-29",
        "close": 3.860991,
        "volume": 0
      },
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        "date": "2025-09-05",
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      },
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        "date": "2025-09-12",
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        "date": "2025-09-19",
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        "date": "2025-09-26",
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        "date": "2025-11-07",
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        "date": "2025-11-21",
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        "date": "2025-11-28",
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        "date": "2025-12-12",
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        "date": "2025-12-19",
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        "date": "2025-12-26",
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        "date": "2026-01-02",
        "close": 4.028884,
        "volume": 0
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        "date": "2026-01-09",
        "close": 4.154881,
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        "date": "2026-01-16",
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        "volume": 2380
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        "date": "2026-02-20",
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        "date": "2026-02-27",
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      {
        "date": "2026-03-06",
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      {
        "date": "2026-03-13",
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        "date": "2026-03-20",
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        "date": "2026-03-27",
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      {
        "date": "2026-04-03",
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        "date": "2026-04-10",
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        "date": "2026-04-17",
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        "volume": 0
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        "date": "2026-04-24",
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      {
        "date": "2026-05-01",
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      {
        "date": "2026-05-08",
        "close": 4.373907,
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      {
        "date": "2026-05-15",
        "close": 4.482405,
        "volume": 56
      },
      {
        "date": "2026-05-22",
        "close": 4.55225,
        "volume": 1330
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      {
        "date": "2026-05-29",
        "close": 4.583653,
        "volume": 1078
      },
      {
        "date": "2026-06-05",
        "close": 4.645151,
        "volume": 0
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      {
        "date": "2026-06-12",
        "close": 4.687,
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      {
        "date": "2026-06-19",
        "close": 4.87525,
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      {
        "date": "2026-06-26",
        "close": 4.79175,
        "volume": 0
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      {
        "date": "2026-07-03",
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      {
        "date": "2026-07-10",
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        "date": "2026-07-24",
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    ],
    "sharemaestro_context": {
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      "fair_value": 4.186164,
      "market_activity": 20.461113,
      "market_dynamics": 0.275804,
      "relative_strength": 0.566843
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.055703,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.0144,
        "sufficient": false
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        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
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        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
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        "directional_follow_through": null,
        "regime_survival": null,
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        "sufficient": false
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    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.038841
      }
    ]
  }
}