{
  "ticker": {
    "uuid": "91a62363-b1d5-42d7-8714-948ffcf08296",
    "symbol": "JEL",
    "name": "Jersey Electricity plc",
    "exchange": "LSE",
    "country": "GB",
    "assetType": "equity"
  },
  "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": 440.0,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 474.875061,
    "boundary_margin": -0.07344,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.104596,
    "volatility_stability": 0.96,
    "risk_context": 0.9561,
    "current_regime": {
      "move": -0.022222,
      "interruption": 0.006787,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 83.756,
    "interpretation": {
      "label": "Negative across all Trend views",
      "headline": "All measured Trend views are negative",
      "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 7.3% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-06-26",
        "close": 450.0,
        "direction_boundary": 464.877686,
        "core_momentum": -0.032003,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.114753
      },
      {
        "date": "2026-07-03",
        "close": 450.0,
        "direction_boundary": 459.878998,
        "core_momentum": -0.021482,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.114745
      },
      {
        "date": "2026-07-10",
        "close": 442.0,
        "direction_boundary": 459.878998,
        "core_momentum": -0.038878,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.112398
      },
      {
        "date": "2026-07-17",
        "close": 442.0,
        "direction_boundary": 459.878998,
        "core_momentum": -0.038878,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.112398
      },
      {
        "date": "2026-07-24",
        "close": 445.0,
        "direction_boundary": 464.877686,
        "core_momentum": -0.042759,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.113071
      },
      {
        "date": "2026-07-31",
        "close": 445.0,
        "direction_boundary": 474.875061,
        "core_momentum": -0.062911,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.11098
      },
      {
        "date": "2026-08-07",
        "close": 440.0,
        "direction_boundary": 474.875061,
        "core_momentum": -0.07344,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.104596
      }
    ],
    "price_history": [
      {
        "date": "2023-04-14",
        "close": 468.382141,
        "volume": 7201
      },
      {
        "date": "2023-04-21",
        "close": 476.371582,
        "volume": 44170
      },
      {
        "date": "2023-04-28",
        "close": 471.378204,
        "volume": 4434
      },
      {
        "date": "2023-05-05",
        "close": 459.394012,
        "volume": 8636
      },
      {
        "date": "2023-05-12",
        "close": 463.388763,
        "volume": 13889
      },
      {
        "date": "2023-05-19",
        "close": 476.371582,
        "volume": 9078
      },
      {
        "date": "2023-05-26",
        "close": 476.371582,
        "volume": 8747
      },
      {
        "date": "2023-06-02",
        "close": 474.453827,
        "volume": 1631
      },
      {
        "date": "2023-06-09",
        "close": 477.450378,
        "volume": 943
      },
      {
        "date": "2023-06-16",
        "close": 480.44693,
        "volume": 8015
      },
      {
        "date": "2023-06-23",
        "close": 469.459595,
        "volume": 36719
      },
      {
        "date": "2023-07-14",
        "close": 439.49408,
        "volume": 25387
      },
      {
        "date": "2023-07-21",
        "close": 439.49408,
        "volume": 7120
      },
      {
        "date": "2023-07-28",
        "close": 444.488312,
        "volume": 5393
      },
      {
        "date": "2023-08-04",
        "close": 459.471069,
        "volume": 3434
      },
      {
        "date": "2023-08-11",
        "close": 454.476776,
        "volume": 5878
      },
      {
        "date": "2023-08-18",
        "close": 456.474518,
        "volume": 1711
      },
      {
        "date": "2023-08-25",
        "close": 456.474518,
        "volume": 5488
      },
      {
        "date": "2023-09-01",
        "close": 449.482544,
        "volume": 10942
      },
      {
        "date": "2023-09-08",
        "close": 449.482544,
        "volume": 6359
      },
      {
        "date": "2023-09-22",
        "close": 449.482544,
        "volume": 489
      },
      {
        "date": "2023-09-29",
        "close": 449.482544,
        "volume": 6246
      },
      {
        "date": "2023-10-06",
        "close": 449.482544,
        "volume": 2750
      },
      {
        "date": "2023-10-13",
        "close": 449.482544,
        "volume": 6994
      },
      {
        "date": "2023-10-20",
        "close": 439.49408,
        "volume": 9781
      },
      {
        "date": "2023-10-27",
        "close": 429.505554,
        "volume": 7495
      },
      {
        "date": "2023-11-03",
        "close": 424.511322,
        "volume": 12188
      },
      {
        "date": "2023-11-10",
        "close": 414.522827,
        "volume": 22854
      },
      {
        "date": "2023-11-17",
        "close": 434.499817,
        "volume": 27181
      },
      {
        "date": "2023-11-24",
        "close": 429.505554,
        "volume": 35794
      },
      {
        "date": "2023-12-01",
        "close": 419.51709,
        "volume": 15285
      },
      {
        "date": "2023-12-08",
        "close": 419.51709,
        "volume": 8571
      },
      {
        "date": "2023-12-15",
        "close": 419.51709,
        "volume": 11530
      },
      {
        "date": "2023-12-22",
        "close": 419.51709,
        "volume": 23028
      },
      {
        "date": "2023-12-29",
        "close": 419.51709,
        "volume": 10299
      },
      {
        "date": "2024-01-05",
        "close": 429.505554,
        "volume": 8334
      },
      {
        "date": "2024-01-12",
        "close": 434.499817,
        "volume": 11228
      },
      {
        "date": "2024-01-19",
        "close": 439.49408,
        "volume": 28715
      },
      {
        "date": "2024-01-26",
        "close": 439.49408,
        "volume": 10676
      },
      {
        "date": "2024-02-02",
        "close": 439.49408,
        "volume": 8432
      },
      {
        "date": "2024-02-23",
        "close": 459.58374,
        "volume": 25229
      },
      {
        "date": "2024-03-01",
        "close": 450.591888,
        "volume": 9909
      },
      {
        "date": "2024-03-15",
        "close": 433.607239,
        "volume": 3108
      },
      {
        "date": "2024-03-22",
        "close": 424.615417,
        "volume": 10189
      },
      {
        "date": "2024-03-29",
        "close": 429.61087,
        "volume": 17387
      },
      {
        "date": "2024-04-05",
        "close": 414.624481,
        "volume": 26055
      },
      {
        "date": "2024-04-12",
        "close": 429.61087,
        "volume": 26961
      },
      {
        "date": "2024-04-26",
        "close": 459.58374,
        "volume": 14559
      },
      {
        "date": "2024-05-03",
        "close": 441.600037,
        "volume": 29731
      },
      {
        "date": "2024-05-17",
        "close": 454.588226,
        "volume": 16308
      },
      {
        "date": "2024-05-24",
        "close": 464.579224,
        "volume": 21200
      },
      {
        "date": "2024-05-31",
        "close": 469.574707,
        "volume": 59244
      },
      {
        "date": "2024-06-07",
        "close": 469.65863,
        "volume": 48078
      },
      {
        "date": "2024-06-14",
        "close": 479.651337,
        "volume": 6742
      },
      {
        "date": "2024-06-21",
        "close": 479.651337,
        "volume": 3633
      },
      {
        "date": "2024-06-28",
        "close": 479.651337,
        "volume": 18793
      },
      {
        "date": "2024-07-05",
        "close": 479.651337,
        "volume": 8441
      },
      {
        "date": "2024-07-12",
        "close": 479.651337,
        "volume": 2345
      },
      {
        "date": "2024-07-19",
        "close": 461.664429,
        "volume": 15375
      },
      {
        "date": "2024-08-02",
        "close": 451.671661,
        "volume": 1545
      },
      {
        "date": "2024-08-16",
        "close": 446.675323,
        "volume": 1810
      },
      {
        "date": "2024-08-23",
        "close": 449.673126,
        "volume": 4680
      },
      {
        "date": "2024-09-13",
        "close": 429.687683,
        "volume": 7469
      },
      {
        "date": "2024-09-20",
        "close": 429.687683,
        "volume": 17201
      },
      {
        "date": "2024-09-27",
        "close": 429.687683,
        "volume": 15065
      },
      {
        "date": "2024-10-04",
        "close": 429.687683,
        "volume": 11246
      },
      {
        "date": "2024-10-11",
        "close": 434.684052,
        "volume": 7989
      },
      {
        "date": "2024-10-18",
        "close": 434.684052,
        "volume": 21197
      },
      {
        "date": "2024-10-25",
        "close": 429.687683,
        "volume": 18828
      },
      {
        "date": "2024-11-01",
        "close": 439.68042,
        "volume": 21604
      },
      {
        "date": "2024-11-08",
        "close": 444.676788,
        "volume": 12475
      },
      {
        "date": "2024-11-22",
        "close": 429.687683,
        "volume": 2540
      },
      {
        "date": "2024-11-29",
        "close": 439.68042,
        "volume": 12235
      },
      {
        "date": "2024-12-06",
        "close": 439.68042,
        "volume": 842
      },
      {
        "date": "2024-12-13",
        "close": 439.68042,
        "volume": 2785
      },
      {
        "date": "2024-12-20",
        "close": 439.68042,
        "volume": 4576
      },
      {
        "date": "2024-12-27",
        "close": 444.676788,
        "volume": 5094
      },
      {
        "date": "2025-01-03",
        "close": 434.684052,
        "volume": 3596
      },
      {
        "date": "2025-01-10",
        "close": 434.684052,
        "volume": 2862
      },
      {
        "date": "2025-01-17",
        "close": 429.687683,
        "volume": 31670
      },
      {
        "date": "2025-01-24",
        "close": 434.684052,
        "volume": 4315
      },
      {
        "date": "2025-01-31",
        "close": 449.673126,
        "volume": 27383
      },
      {
        "date": "2025-02-07",
        "close": 434.684052,
        "volume": 14554
      },
      {
        "date": "2025-02-14",
        "close": 429.687683,
        "volume": 22199
      },
      {
        "date": "2025-02-21",
        "close": 434.803986,
        "volume": 5153
      },
      {
        "date": "2025-02-28",
        "close": 434.803986,
        "volume": 18422
      },
      {
        "date": "2025-03-07",
        "close": 429.806244,
        "volume": 3039
      },
      {
        "date": "2025-03-14",
        "close": 429.806244,
        "volume": 11334
      },
      {
        "date": "2025-03-21",
        "close": 434.803986,
        "volume": 5037
      },
      {
        "date": "2025-03-28",
        "close": 434.803986,
        "volume": 5944
      },
      {
        "date": "2025-04-11",
        "close": 424.808502,
        "volume": 6162
      },
      {
        "date": "2025-04-18",
        "close": 424.808502,
        "volume": 3102
      },
      {
        "date": "2025-04-25",
        "close": 424.808502,
        "volume": 3453
      },
      {
        "date": "2025-05-02",
        "close": 424.808502,
        "volume": 4264
      },
      {
        "date": "2025-05-09",
        "close": 424.808502,
        "volume": 16307
      },
      {
        "date": "2025-05-23",
        "close": 459.792694,
        "volume": 30197
      },
      {
        "date": "2025-05-30",
        "close": 459.792694,
        "volume": 8455
      },
      {
        "date": "2025-06-13",
        "close": 464.877686,
        "volume": 21705
      },
      {
        "date": "2025-06-20",
        "close": 459.878998,
        "volume": 11805
      },
      {
        "date": "2025-06-27",
        "close": 459.878998,
        "volume": 7943
      },
      {
        "date": "2025-07-04",
        "close": 459.878998,
        "volume": 20587
      },
      {
        "date": "2025-07-11",
        "close": 464.877686,
        "volume": 22744
      },
      {
        "date": "2025-07-18",
        "close": 474.875061,
        "volume": 23373
      },
      {
        "date": "2025-07-25",
        "close": 474.875061,
        "volume": 19644
      },
      {
        "date": "2025-08-01",
        "close": 474.875061,
        "volume": 8869
      },
      {
        "date": "2025-08-08",
        "close": 474.875061,
        "volume": 10407
      },
      {
        "date": "2025-08-15",
        "close": 460.878754,
        "volume": 7437
      },
      {
        "date": "2025-08-22",
        "close": 469.876373,
        "volume": 15238
      },
      {
        "date": "2025-08-29",
        "close": 469.876373,
        "volume": 6627
      },
      {
        "date": "2025-09-05",
        "close": 469.876373,
        "volume": 16669
      },
      {
        "date": "2025-09-12",
        "close": 469.876373,
        "volume": 9020
      },
      {
        "date": "2025-09-19",
        "close": 469.876373,
        "volume": 6868
      },
      {
        "date": "2025-09-26",
        "close": 469.876373,
        "volume": 9815
      },
      {
        "date": "2025-10-03",
        "close": 469.876373,
        "volume": 23144
      },
      {
        "date": "2025-10-10",
        "close": 469.876373,
        "volume": 19437
      },
      {
        "date": "2025-10-17",
        "close": 474.875061,
        "volume": 22857
      },
      {
        "date": "2025-10-24",
        "close": 474.875061,
        "volume": 19831
      },
      {
        "date": "2025-10-31",
        "close": 474.875061,
        "volume": 15053
      },
      {
        "date": "2025-11-14",
        "close": 469.876373,
        "volume": 8651
      },
      {
        "date": "2025-11-21",
        "close": 469.876373,
        "volume": 11737
      },
      {
        "date": "2025-11-28",
        "close": 469.876373,
        "volume": 16286
      },
      {
        "date": "2025-12-05",
        "close": 469.876373,
        "volume": 24553
      },
      {
        "date": "2025-12-12",
        "close": 469.876373,
        "volume": 6159
      },
      {
        "date": "2025-12-19",
        "close": 460.878754,
        "volume": 36409
      },
      {
        "date": "2025-12-26",
        "close": 459.878998,
        "volume": 5262
      },
      {
        "date": "2026-01-02",
        "close": 469.876373,
        "volume": 9873
      },
      {
        "date": "2026-01-09",
        "close": 469.876373,
        "volume": 30943
      },
      {
        "date": "2026-01-16",
        "close": 469.876373,
        "volume": 4646
      },
      {
        "date": "2026-01-30",
        "close": 461.878479,
        "volume": 35354
      },
      {
        "date": "2026-02-06",
        "close": 473.875336,
        "volume": 41025
      },
      {
        "date": "2026-02-13",
        "close": 478.873993,
        "volume": 22054
      },
      {
        "date": "2026-02-20",
        "close": 468.0,
        "volume": 28492
      },
      {
        "date": "2026-02-27",
        "close": 465.0,
        "volume": 26619
      },
      {
        "date": "2026-03-06",
        "close": 460.0,
        "volume": 3567
      },
      {
        "date": "2026-03-13",
        "close": 444.0,
        "volume": 42913
      },
      {
        "date": "2026-03-20",
        "close": 446.0,
        "volume": 23980
      },
      {
        "date": "2026-03-27",
        "close": 435.0,
        "volume": 26735
      },
      {
        "date": "2026-04-03",
        "close": 430.0,
        "volume": 11534
      },
      {
        "date": "2026-04-10",
        "close": 440.0,
        "volume": 8303
      },
      {
        "date": "2026-04-17",
        "close": 440.0,
        "volume": 9380
      },
      {
        "date": "2026-04-24",
        "close": 444.909027,
        "volume": 8391
      },
      {
        "date": "2026-05-01",
        "close": 449.90799,
        "volume": 7946
      },
      {
        "date": "2026-05-08",
        "close": 449.90799,
        "volume": 16290
      },
      {
        "date": "2026-05-15",
        "close": 449.90799,
        "volume": 18071
      },
      {
        "date": "2026-05-22",
        "close": 454.906982,
        "volume": 12171
      },
      {
        "date": "2026-05-29",
        "close": 449.90799,
        "volume": 13186
      },
      {
        "date": "2026-06-05",
        "close": 435.9035,
        "volume": 8290
      },
      {
        "date": "2026-06-12",
        "close": 440.8013,
        "volume": 1290
      },
      {
        "date": "2026-06-19",
        "close": 445.6991,
        "volume": 5051
      },
      {
        "date": "2026-06-26",
        "close": 450.0,
        "volume": 211
      },
      {
        "date": "2026-07-03",
        "close": 450.0,
        "volume": 877
      },
      {
        "date": "2026-07-10",
        "close": 442.0,
        "volume": 12246
      },
      {
        "date": "2026-07-17",
        "close": 442.0,
        "volume": 7809
      },
      {
        "date": "2026-07-24",
        "close": 445.0,
        "volume": 15150
      },
      {
        "date": "2026-07-31",
        "close": 445.0,
        "volume": 7520
      },
      {
        "date": "2026-08-07",
        "close": 440.0,
        "volume": 8056
      }
    ],
    "sharemaestro_context": {
      "trend": 450.607747,
      "fair_value": 450.254914,
      "market_activity": -16.869785,
      "market_dynamics": 0.106804,
      "relative_strength": -12.087381
    },
    "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": "2021-06-11",
        "end": "2021-06-18",
        "tenure": "Brief",
        "return": 0.026786
      },
      {
        "direction": "positive",
        "start": "2021-11-12",
        "end": "2021-12-31",
        "tenure": "Developing",
        "return": 0.029046
      },
      {
        "direction": "positive",
        "start": "2022-01-21",
        "end": "2022-05-13",
        "tenure": "Established",
        "return": -0.064624
      },
      {
        "direction": "negative",
        "start": "2026-06-26",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.022222
      }
    ]
  }
}