{
  "ticker": {
    "uuid": "ab0e281d-de3c-4d26-ad0f-2ad6797b5e4c",
    "symbol": "BTCO-B",
    "name": "Purpose Core Bitcoin ETF CAD Non-Currency Hedged",
    "exchange": "TOR",
    "country": "CA",
    "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": 12.48,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 22.1,
    "boundary_margin": -0.435294,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.360388,
    "volatility_stability": 1.0242,
    "risk_context": 0.2775,
    "current_regime": {
      "move": -0.166333,
      "interruption": 0.078652,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 95.0,
    "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 43.5% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-05-15",
        "close": 14.97,
        "direction_boundary": 20.190001,
        "core_momentum": -0.258544,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.397445
      },
      {
        "date": "2026-05-22",
        "close": 14.53,
        "direction_boundary": 20.51,
        "core_momentum": -0.291565,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.372831
      },
      {
        "date": "2026-05-29",
        "close": 13.97,
        "direction_boundary": 19.809999,
        "core_momentum": -0.294801,
        "direction": "negative",
        "trend_agreement": 0.75,
        "volatility": 0.357821
      },
      {
        "date": "2026-06-05",
        "close": 11.57,
        "direction_boundary": 19.76,
        "core_momentum": -0.414474,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.435277
      },
      {
        "date": "2026-06-12",
        "close": 12.24,
        "direction_boundary": 19.75,
        "core_momentum": -0.380253,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.445991
      },
      {
        "date": "2026-06-19",
        "close": 12.27,
        "direction_boundary": 19.6,
        "core_momentum": -0.37398,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.446333
      },
      {
        "date": "2026-06-26",
        "close": 11.68,
        "direction_boundary": 20.209999,
        "core_momentum": -0.422068,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.449307
      },
      {
        "date": "2026-07-03",
        "close": 12.18,
        "direction_boundary": 20.34,
        "core_momentum": -0.40118,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.452137
      },
      {
        "date": "2026-07-10",
        "close": 12.43,
        "direction_boundary": 22.25,
        "core_momentum": -0.441348,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.452121
      },
      {
        "date": "2026-07-17",
        "close": 12.31,
        "direction_boundary": 22.35,
        "core_momentum": -0.449217,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.444842
      },
      {
        "date": "2026-07-24",
        "close": 12.45,
        "direction_boundary": 22.129999,
        "core_momentum": -0.437415,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.439255
      },
      {
        "date": "2026-07-31",
        "close": 12.12,
        "direction_boundary": 21.59,
        "core_momentum": -0.438629,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.432692
      },
      {
        "date": "2026-08-07",
        "close": 12.48,
        "direction_boundary": 22.1,
        "core_momentum": -0.435294,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.360388
      }
    ],
    "price_history": [
      {
        "date": "2025-05-16",
        "close": 20.190001,
        "volume": 3300
      },
      {
        "date": "2025-05-23",
        "close": 20.51,
        "volume": 8200
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        "date": "2025-05-30",
        "close": 19.809999,
        "volume": 5500
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        "date": "2025-06-06",
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        "volume": 245400
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        "date": "2025-06-13",
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        "volume": 114300
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        "date": "2025-06-20",
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        "date": "2025-06-27",
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        "date": "2025-07-04",
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        "date": "2025-07-11",
        "close": 22.25,
        "volume": 25000
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        "date": "2025-07-18",
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        "volume": 24900
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        "date": "2025-07-25",
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        "date": "2025-08-01",
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        "date": "2025-08-22",
        "close": 22.24,
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        "close": 20.559999,
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        "date": "2025-09-05",
        "close": 21.309999,
        "volume": 8700
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      {
        "date": "2025-09-12",
        "close": 22.35,
        "volume": 14700
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        "date": "2025-09-19",
        "close": 21.93,
        "volume": 20300
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      {
        "date": "2025-09-26",
        "close": 20.959999,
        "volume": 18800
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        "date": "2025-10-03",
        "close": 23.58,
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        "date": "2025-10-10",
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        "date": "2025-10-17",
        "close": 20.59,
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        "date": "2025-10-24",
        "close": 21.379999,
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        "date": "2025-10-31",
        "close": 21.139999,
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        "date": "2025-11-07",
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        "date": "2025-11-28",
        "close": 17.66,
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        "date": "2025-12-05",
        "close": 17.09,
        "volume": 19700
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        "date": "2025-12-12",
        "close": 17.1,
        "volume": 15500
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      {
        "date": "2025-12-19",
        "close": 16.75,
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      {
        "date": "2025-12-26",
        "close": 16.48,
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      {
        "date": "2026-01-02",
        "close": 16.959999,
        "volume": 14400
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      {
        "date": "2026-01-09",
        "close": 17.309999,
        "volume": 15900
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        "date": "2026-01-16",
        "close": 18.08,
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      {
        "date": "2026-01-23",
        "close": 16.879999,
        "volume": 15200
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        "date": "2026-01-30",
        "close": 15.79,
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      {
        "date": "2026-02-06",
        "close": 13.2,
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        "date": "2026-02-13",
        "close": 12.74,
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        "date": "2026-02-20",
        "close": 12.76,
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      {
        "date": "2026-02-27",
        "close": 12.37,
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      {
        "date": "2026-03-06",
        "close": 12.9,
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      {
        "date": "2026-03-13",
        "close": 13.47,
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      {
        "date": "2026-03-20",
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      {
        "date": "2026-03-27",
        "close": 12.64,
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      {
        "date": "2026-04-03",
        "close": 12.85,
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      {
        "date": "2026-04-10",
        "close": 13.87,
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        "date": "2026-04-17",
        "close": 14.56,
        "volume": 17200
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      {
        "date": "2026-04-24",
        "close": 14.65,
        "volume": 13700
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      {
        "date": "2026-05-01",
        "close": 14.72,
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      {
        "date": "2026-05-08",
        "close": 15.12,
        "volume": 47700
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      {
        "date": "2026-05-15",
        "close": 14.97,
        "volume": 67900
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        "date": "2026-05-22",
        "close": 14.53,
        "volume": 17900
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      {
        "date": "2026-05-29",
        "close": 13.97,
        "volume": 22100
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      {
        "date": "2026-06-05",
        "close": 11.57,
        "volume": 22900
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      {
        "date": "2026-06-12",
        "close": 12.24,
        "volume": 5800
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        "date": "2026-06-19",
        "close": 12.27,
        "volume": 7300
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        "date": "2026-06-26",
        "close": 11.68,
        "volume": 3900
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      {
        "date": "2026-07-03",
        "close": 12.18,
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      {
        "date": "2026-07-10",
        "close": 12.43,
        "volume": 23500
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        "date": "2026-07-17",
        "close": 12.31,
        "volume": 19200
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        "date": "2026-07-24",
        "close": 12.45,
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        "date": "2026-07-31",
        "close": 12.12,
        "volume": 6300
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        "date": "2026-08-07",
        "close": 12.48,
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    ],
    "sharemaestro_context": {
      "trend": 13.500333,
      "fair_value": 17.082769,
      "market_activity": -40.737566,
      "market_dynamics": -0.426483,
      "relative_strength": -32.387724
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": 0.023898,
        "directional_follow_through": 0.5,
        "regime_survival": 1.0,
        "conditional_difference": 0.020638,
        "sufficient": false
      },
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        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
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        "sufficient": false
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        "horizon": "Longer term",
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        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
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        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      }
    ],
    "regime_history": [
      {
        "direction": "negative",
        "start": "2026-05-15",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.166333
      }
    ]
  }
}