{
  "ticker": {
    "uuid": "93a27801-7e50-4053-bf17-64155334b86c",
    "symbol": "TXUE",
    "name": "THORNBURG INTERNATIONAL EQUITY ETF",
    "exchange": "NASDAQ",
    "country": "US",
    "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": 36.6687,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 29.60615,
    "boundary_margin": 0.23855,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.164938,
    "volatility_stability": 0.8381,
    "risk_context": 0.6063,
    "current_regime": {
      "move": 0.128615,
      "interruption": -0.109324,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 100.0,
    "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 23.9% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-01-23",
        "close": 32.49,
        "direction_boundary": 25.131371,
        "core_momentum": 0.292807,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.11067
      },
      {
        "date": "2026-01-30",
        "close": 32.8278,
        "direction_boundary": 25.00841,
        "core_momentum": 0.31267,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.100299
      },
      {
        "date": "2026-02-06",
        "close": 33.56,
        "direction_boundary": 25.002771,
        "core_momentum": 0.342251,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.098276
      },
      {
        "date": "2026-02-13",
        "close": 34.1682,
        "direction_boundary": 25.603135,
        "core_momentum": 0.334532,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.097179
      },
      {
        "date": "2026-02-20",
        "close": 34.5972,
        "direction_boundary": 25.536955,
        "core_momentum": 0.35479,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.097728
      },
      {
        "date": "2026-02-27",
        "close": 34.9228,
        "direction_boundary": 25.558619,
        "core_momentum": 0.366381,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.089225
      },
      {
        "date": "2026-03-06",
        "close": 32.57,
        "direction_boundary": 26.436461,
        "core_momentum": 0.232011,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.138133
      },
      {
        "date": "2026-03-13",
        "close": 31.9632,
        "direction_boundary": 26.669623,
        "core_momentum": 0.198487,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.140973
      },
      {
        "date": "2026-03-20",
        "close": 31.1049,
        "direction_boundary": 26.689407,
        "core_momentum": 0.16544,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.146424
      },
      {
        "date": "2026-03-27",
        "close": 31.1485,
        "direction_boundary": 26.214577,
        "core_momentum": 0.188213,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.146286
      },
      {
        "date": "2026-04-03",
        "close": 32.5216,
        "direction_boundary": 24.198825,
        "core_momentum": 0.343933,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.153924
      },
      {
        "date": "2026-04-10",
        "close": 33.75,
        "direction_boundary": 25.370369,
        "core_momentum": 0.330292,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.154769
      },
      {
        "date": "2026-04-17",
        "close": 34.3115,
        "direction_boundary": 26.03612,
        "core_momentum": 0.317842,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.153374
      },
      {
        "date": "2026-04-24",
        "close": 33.8588,
        "direction_boundary": 26.764589,
        "core_momentum": 0.26506,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.15507
      },
      {
        "date": "2026-05-01",
        "close": 34.0197,
        "direction_boundary": 27.450916,
        "core_momentum": 0.239292,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.154074
      },
      {
        "date": "2026-05-08",
        "close": 34.375,
        "direction_boundary": 27.511754,
        "core_momentum": 0.249466,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.154191
      },
      {
        "date": "2026-05-15",
        "close": 33.735,
        "direction_boundary": 27.810402,
        "core_momentum": 0.213035,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.157082
      },
      {
        "date": "2026-05-22",
        "close": 34.415,
        "direction_boundary": 28.349433,
        "core_momentum": 0.213957,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.154921
      },
      {
        "date": "2026-05-29",
        "close": 34.6592,
        "direction_boundary": 28.568943,
        "core_momentum": 0.213178,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.15308
      },
      {
        "date": "2026-06-05",
        "close": 34.2,
        "direction_boundary": 28.766789,
        "core_momentum": 0.188871,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.155126
      },
      {
        "date": "2026-06-12",
        "close": 34.5852,
        "direction_boundary": 28.771735,
        "core_momentum": 0.202055,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.155398
      },
      {
        "date": "2026-06-19",
        "close": 34.6613,
        "direction_boundary": 28.272174,
        "core_momentum": 0.225986,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.15526
      },
      {
        "date": "2026-06-26",
        "close": 33.96,
        "direction_boundary": 29.226781,
        "core_momentum": 0.161948,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.158855
      },
      {
        "date": "2026-07-03",
        "close": 34.815,
        "direction_boundary": 29.33065,
        "core_momentum": 0.186984,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.161738
      },
      {
        "date": "2026-07-10",
        "close": 34.7753,
        "direction_boundary": 29.211942,
        "core_momentum": 0.190448,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.160767
      },
      {
        "date": "2026-07-17",
        "close": 34.6493,
        "direction_boundary": 28.994312,
        "core_momentum": 0.195038,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.160813
      },
      {
        "date": "2026-07-24",
        "close": 34.92,
        "direction_boundary": 29.671934,
        "core_momentum": 0.17687,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.160974
      },
      {
        "date": "2026-07-31",
        "close": 36.0923,
        "direction_boundary": 28.812887,
        "core_momentum": 0.252644,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.166096
      },
      {
        "date": "2026-08-07",
        "close": 36.6687,
        "direction_boundary": 29.60615,
        "core_momentum": 0.23855,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.164938
      }
    ],
    "price_history": [
      {
        "date": "2025-01-24",
        "close": 25.131371,
        "volume": 2390516
      },
      {
        "date": "2025-01-31",
        "close": 25.00841,
        "volume": 594495
      },
      {
        "date": "2025-02-07",
        "close": 25.002771,
        "volume": 32803
      },
      {
        "date": "2025-02-14",
        "close": 25.603135,
        "volume": 40944
      },
      {
        "date": "2025-02-21",
        "close": 25.536955,
        "volume": 158452
      },
      {
        "date": "2025-02-28",
        "close": 25.558619,
        "volume": 493067
      },
      {
        "date": "2025-03-07",
        "close": 26.436461,
        "volume": 408628
      },
      {
        "date": "2025-03-14",
        "close": 26.669623,
        "volume": 150128
      },
      {
        "date": "2025-03-21",
        "close": 26.689407,
        "volume": 168621
      },
      {
        "date": "2025-03-28",
        "close": 26.214577,
        "volume": 61817
      },
      {
        "date": "2025-04-04",
        "close": 24.198825,
        "volume": 65179
      },
      {
        "date": "2025-04-11",
        "close": 25.370369,
        "volume": 246553
      },
      {
        "date": "2025-04-18",
        "close": 26.03612,
        "volume": 99456
      },
      {
        "date": "2025-04-25",
        "close": 26.764589,
        "volume": 86213
      },
      {
        "date": "2025-05-02",
        "close": 27.450916,
        "volume": 121735
      },
      {
        "date": "2025-05-09",
        "close": 27.511754,
        "volume": 111686
      },
      {
        "date": "2025-05-16",
        "close": 27.810402,
        "volume": 156494
      },
      {
        "date": "2025-05-23",
        "close": 28.349433,
        "volume": 412401
      },
      {
        "date": "2025-05-30",
        "close": 28.568943,
        "volume": 242618
      },
      {
        "date": "2025-06-06",
        "close": 28.766789,
        "volume": 250844
      },
      {
        "date": "2025-06-13",
        "close": 28.771735,
        "volume": 153924
      },
      {
        "date": "2025-06-20",
        "close": 28.272174,
        "volume": 147705
      },
      {
        "date": "2025-06-27",
        "close": 29.226781,
        "volume": 732153
      },
      {
        "date": "2025-07-04",
        "close": 29.33065,
        "volume": 125034
      },
      {
        "date": "2025-07-11",
        "close": 29.211942,
        "volume": 136990
      },
      {
        "date": "2025-07-18",
        "close": 28.994312,
        "volume": 161491
      },
      {
        "date": "2025-07-25",
        "close": 29.671934,
        "volume": 222158
      },
      {
        "date": "2025-08-01",
        "close": 28.812887,
        "volume": 267200
      },
      {
        "date": "2025-08-08",
        "close": 29.60615,
        "volume": 206545
      },
      {
        "date": "2025-08-15",
        "close": 30.250633,
        "volume": 118417
      },
      {
        "date": "2025-08-22",
        "close": 30.334718,
        "volume": 375340
      },
      {
        "date": "2025-08-29",
        "close": 29.652149,
        "volume": 73467
      },
      {
        "date": "2025-09-05",
        "close": 29.671934,
        "volume": 283080
      },
      {
        "date": "2025-09-12",
        "close": 30.026672,
        "volume": 278275
      },
      {
        "date": "2025-09-19",
        "close": 29.835157,
        "volume": 155730
      },
      {
        "date": "2025-09-26",
        "close": 29.751072,
        "volume": 143801
      },
      {
        "date": "2025-10-03",
        "close": 30.512779,
        "volume": 97242
      },
      {
        "date": "2025-10-10",
        "close": 29.680144,
        "volume": 120523
      },
      {
        "date": "2025-10-17",
        "close": 30.387641,
        "volume": 260831
      },
      {
        "date": "2025-10-24",
        "close": 30.300985,
        "volume": 100374
      },
      {
        "date": "2025-10-31",
        "close": 30.062679,
        "volume": 80454
      },
      {
        "date": "2025-11-07",
        "close": 30.107788,
        "volume": 673456
      },
      {
        "date": "2025-11-14",
        "close": 30.532761,
        "volume": 376983
      },
      {
        "date": "2025-11-21",
        "close": 29.947632,
        "volume": 103944
      },
      {
        "date": "2025-11-28",
        "close": 30.614274,
        "volume": 56956
      },
      {
        "date": "2025-12-05",
        "close": 30.760779,
        "volume": 104158
      },
      {
        "date": "2025-12-12",
        "close": 30.973166,
        "volume": 76938
      },
      {
        "date": "2025-12-19",
        "close": 31.2569,
        "volume": 174382
      },
      {
        "date": "2025-12-26",
        "close": 31.4482,
        "volume": 50228
      },
      {
        "date": "2026-01-02",
        "close": 31.5774,
        "volume": 142901
      },
      {
        "date": "2026-01-09",
        "close": 32.11,
        "volume": 137260
      },
      {
        "date": "2026-01-16",
        "close": 32.39,
        "volume": 286208
      },
      {
        "date": "2026-01-23",
        "close": 32.49,
        "volume": 154454
      },
      {
        "date": "2026-01-30",
        "close": 32.8278,
        "volume": 198541
      },
      {
        "date": "2026-02-06",
        "close": 33.56,
        "volume": 531411
      },
      {
        "date": "2026-02-13",
        "close": 34.1682,
        "volume": 788408
      },
      {
        "date": "2026-02-20",
        "close": 34.5972,
        "volume": 342677
      },
      {
        "date": "2026-02-27",
        "close": 34.9228,
        "volume": 867694
      },
      {
        "date": "2026-03-06",
        "close": 32.57,
        "volume": 337574
      },
      {
        "date": "2026-03-13",
        "close": 31.9632,
        "volume": 439770
      },
      {
        "date": "2026-03-20",
        "close": 31.1049,
        "volume": 286028
      },
      {
        "date": "2026-03-27",
        "close": 31.1485,
        "volume": 200401
      },
      {
        "date": "2026-04-03",
        "close": 32.5216,
        "volume": 128410
      },
      {
        "date": "2026-04-10",
        "close": 33.75,
        "volume": 148803
      },
      {
        "date": "2026-04-17",
        "close": 34.3115,
        "volume": 267054
      },
      {
        "date": "2026-04-24",
        "close": 33.8588,
        "volume": 129507
      },
      {
        "date": "2026-05-01",
        "close": 34.0197,
        "volume": 464599
      },
      {
        "date": "2026-05-08",
        "close": 34.375,
        "volume": 210480
      },
      {
        "date": "2026-05-15",
        "close": 33.735,
        "volume": 130421
      },
      {
        "date": "2026-05-22",
        "close": 34.415,
        "volume": 527093
      },
      {
        "date": "2026-05-29",
        "close": 34.6592,
        "volume": 123864
      },
      {
        "date": "2026-06-05",
        "close": 34.2,
        "volume": 683132
      },
      {
        "date": "2026-06-12",
        "close": 34.5852,
        "volume": 207362
      },
      {
        "date": "2026-06-19",
        "close": 34.6613,
        "volume": 102225
      },
      {
        "date": "2026-06-26",
        "close": 33.96,
        "volume": 200550
      },
      {
        "date": "2026-07-03",
        "close": 34.815,
        "volume": 201773
      },
      {
        "date": "2026-07-10",
        "close": 34.7753,
        "volume": 137141
      },
      {
        "date": "2026-07-17",
        "close": 34.6493,
        "volume": 136675
      },
      {
        "date": "2026-07-24",
        "close": 34.92,
        "volume": 159747
      },
      {
        "date": "2026-07-31",
        "close": 36.0923,
        "volume": 136226
      },
      {
        "date": "2026-08-07",
        "close": 36.6687,
        "volume": 119982
      }
    ],
    "sharemaestro_context": {
      "trend": 33.890517,
      "fair_value": 30.581346,
      "market_activity": 55.616853,
      "market_dynamics": 0.455156,
      "relative_strength": -0.991168
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.027743,
        "directional_follow_through": 0.8333,
        "regime_survival": 1.0,
        "conditional_difference": 0.009761,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.036736,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.002483,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 1,
        "median_return": 0.074792,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.017839,
        "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": "2026-01-23",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.128615
      }
    ]
  }
}