{
  "ticker": {
    "uuid": "a0c468eb-d066-42a9-923f-f7d86d162ea5",
    "symbol": "SPTR",
    "name": "BNP PARIBAS EASY - S&P 500 II UCITS ETF CAPITALISATION",
    "exchange": "EBS",
    "country": "CH",
    "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": 11.296,
    "direction": "negative",
    "state": "Negative, near its boundary",
    "is_fresh": false,
    "is_near_boundary": true,
    "direction_boundary": 11.392,
    "boundary_margin": -0.008427,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.319614,
    "volatility_stability": 1.7524,
    "risk_context": 0.3129,
    "current_regime": {
      "move": 0.038426,
      "interruption": 0.038426,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 61.56,
    "interpretation": {
      "label": "Negative, near its boundary",
      "headline": "Negative, near its boundary",
      "body": "Price is close enough to the Direction Boundary that a relatively small move could change the primary regime.",
      "age_context": "The current Core Trend remains in its early lifecycle.",
      "boundary_context": "The latest close is 0.8% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-31",
        "close": 10.878,
        "direction_boundary": 11.414,
        "core_momentum": -0.04696,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.314025
      },
      {
        "date": "2026-08-07",
        "close": 11.296,
        "direction_boundary": 11.392,
        "core_momentum": -0.008427,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.319614
      }
    ],
    "price_history": [
      {
        "date": "2025-08-01",
        "close": 11.414,
        "volume": 0
      },
      {
        "date": "2025-08-08",
        "close": 11.392,
        "volume": 0
      },
      {
        "date": "2025-08-15",
        "close": 11.544,
        "volume": 0
      },
      {
        "date": "2025-08-22",
        "close": 11.582,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 11.604,
        "volume": 0
      },
      {
        "date": "2025-09-05",
        "close": 11.582,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 11.792,
        "volume": 0
      },
      {
        "date": "2025-09-19",
        "close": 11.896,
        "volume": 0
      },
      {
        "date": "2025-09-26",
        "close": 11.862,
        "volume": 0
      },
      {
        "date": "2025-10-03",
        "close": 12.078,
        "volume": 0
      },
      {
        "date": "2025-10-10",
        "close": 11.912,
        "volume": 0
      },
      {
        "date": "2025-10-17",
        "close": 11.872,
        "volume": 0
      },
      {
        "date": "2025-10-24",
        "close": 12.1789,
        "volume": 0
      },
      {
        "date": "2025-10-31",
        "close": 12.296,
        "volume": 0
      },
      {
        "date": "2025-11-07",
        "close": 11.946,
        "volume": 0
      },
      {
        "date": "2025-11-14",
        "close": 12.142,
        "volume": 0
      },
      {
        "date": "2025-11-21",
        "close": 11.804,
        "volume": 0
      },
      {
        "date": "2025-11-28",
        "close": 12.256,
        "volume": 0
      },
      {
        "date": "2025-12-05",
        "close": 12.28,
        "volume": 0
      },
      {
        "date": "2025-12-12",
        "close": 12.248,
        "volume": 0
      },
      {
        "date": "2025-12-19",
        "close": 12.254,
        "volume": 0
      },
      {
        "date": "2025-12-26",
        "close": 12.31,
        "volume": 0
      },
      {
        "date": "2026-01-02",
        "close": 12.31,
        "volume": 0
      },
      {
        "date": "2026-01-09",
        "close": 12.31,
        "volume": 0
      },
      {
        "date": "2026-01-16",
        "close": 12.52,
        "volume": 0
      },
      {
        "date": "2026-01-23",
        "close": 12.43,
        "volume": 0
      },
      {
        "date": "2026-01-30",
        "close": 12.452,
        "volume": 0
      },
      {
        "date": "2026-02-06",
        "close": 12.39,
        "volume": 0
      },
      {
        "date": "2026-02-13",
        "close": 12.336,
        "volume": 0
      },
      {
        "date": "2026-02-20",
        "close": 12.38,
        "volume": 0
      },
      {
        "date": "2026-02-27",
        "close": 12.374,
        "volume": 0
      },
      {
        "date": "2026-03-06",
        "close": 12.16,
        "volume": 0
      },
      {
        "date": "2026-03-13",
        "close": 11.992,
        "volume": 7149
      },
      {
        "date": "2026-03-20",
        "close": 11.8,
        "volume": 0
      },
      {
        "date": "2026-03-27",
        "close": 11.554,
        "volume": 0
      },
      {
        "date": "2026-04-03",
        "close": 11.848,
        "volume": 0
      },
      {
        "date": "2026-04-10",
        "close": 12.296,
        "volume": 0
      },
      {
        "date": "2026-04-17",
        "close": 12.754,
        "volume": 5319
      },
      {
        "date": "2026-04-24",
        "close": 12.86,
        "volume": 0
      },
      {
        "date": "2026-05-01",
        "close": 12.906,
        "volume": 0
      },
      {
        "date": "2026-05-08",
        "close": 13.306,
        "volume": 0
      },
      {
        "date": "2026-05-15",
        "close": 13.388,
        "volume": 0
      },
      {
        "date": "2026-05-22",
        "close": 13.516,
        "volume": 5049
      },
      {
        "date": "2026-05-29",
        "close": 13.686,
        "volume": 6440
      },
      {
        "date": "2026-06-05",
        "close": 13.518,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 13.42,
        "volume": 0
      },
      {
        "date": "2026-06-19",
        "close": 13.522,
        "volume": 0
      },
      {
        "date": "2026-06-26",
        "close": 13.318,
        "volume": 0
      },
      {
        "date": "2026-07-03",
        "close": 13.544,
        "volume": 28674
      },
      {
        "date": "2026-07-10",
        "close": 13.64,
        "volume": 4661
      },
      {
        "date": "2026-07-17",
        "close": 13.516,
        "volume": 57046
      },
      {
        "date": "2026-07-24",
        "close": 13.388,
        "volume": 103421
      },
      {
        "date": "2026-07-31",
        "close": 10.878,
        "volume": 37633
      },
      {
        "date": "2026-08-07",
        "close": 11.296,
        "volume": 9275
      }
    ],
    "sharemaestro_context": {
      "trend": 12.6996,
      "fair_value": 12.367646,
      "market_activity": 11.879994,
      "market_dynamics": -0.191956,
      "relative_strength": -17.871951
    },
    "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": "negative",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.038426
      }
    ]
  }
}