{
  "ticker": {
    "uuid": "b26e0123-0e28-4740-9a81-b31d473b6472",
    "symbol": "DVUT",
    "name": "WEBS Defined Volatility XLU 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": 25.5919,
    "direction": "negative",
    "state": "Fresh negative regime",
    "is_fresh": true,
    "is_near_boundary": true,
    "direction_boundary": 25.68,
    "boundary_margin": -0.003431,
    "trend_agreement": "Fully aligned",
    "persistence": "Fresh",
    "direction_turnover": "Moderate",
    "annualized_volatility": 0.315335,
    "volatility_stability": 0.8055,
    "risk_context": 0.3171,
    "current_regime": {
      "move": 0.0,
      "interruption": 0.0,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 58.211,
    "interpretation": {
      "label": "Fresh negative regime",
      "headline": "The Core Trend has just turned negative",
      "body": "The Direction Boundary has been crossed. The faster and slower Trend views show whether the change is becoming broadly established or quickly reversing.",
      "age_context": "The current Core Trend is newly established.",
      "boundary_context": "The latest close is 0.3% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is moderate."
    },
    "chart_path": [
      {
        "date": "2026-07-24",
        "close": 28.2046,
        "direction_boundary": 24.7578,
        "core_momentum": 0.139221,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.299283
      },
      {
        "date": "2026-07-31",
        "close": 26.4507,
        "direction_boundary": 25.4927,
        "core_momentum": 0.037579,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.311733
      },
      {
        "date": "2026-08-07",
        "close": 25.5919,
        "direction_boundary": 25.68,
        "core_momentum": -0.003431,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.315335
      }
    ],
    "price_history": [
      {
        "date": "2025-07-25",
        "close": 24.7578,
        "volume": 1132
      },
      {
        "date": "2025-08-01",
        "close": 25.4927,
        "volume": 24
      },
      {
        "date": "2025-08-08",
        "close": 25.68,
        "volume": 56
      },
      {
        "date": "2025-08-15",
        "close": 25.3039,
        "volume": 5
      },
      {
        "date": "2025-08-22",
        "close": 25.5165,
        "volume": 38
      },
      {
        "date": "2025-08-29",
        "close": 24.4973,
        "volume": 594
      },
      {
        "date": "2025-09-05",
        "close": 23.9344,
        "volume": 22
      },
      {
        "date": "2025-09-12",
        "close": 25.0939,
        "volume": 4
      },
      {
        "date": "2025-09-19",
        "close": 24.7456,
        "volume": 9
      },
      {
        "date": "2025-09-26",
        "close": 26.1048,
        "volume": 50
      },
      {
        "date": "2025-10-03",
        "close": 27.2853,
        "volume": 4
      },
      {
        "date": "2025-10-10",
        "close": 27.9358,
        "volume": 135
      },
      {
        "date": "2025-10-17",
        "close": 28.7565,
        "volume": 66
      },
      {
        "date": "2025-10-24",
        "close": 28.5978,
        "volume": 17
      },
      {
        "date": "2025-10-31",
        "close": 27.2025,
        "volume": 106
      },
      {
        "date": "2025-11-07",
        "close": 27.455,
        "volume": 326
      },
      {
        "date": "2025-11-14",
        "close": 26.8598,
        "volume": 20
      },
      {
        "date": "2025-11-21",
        "close": 26.435,
        "volume": 58
      },
      {
        "date": "2025-11-28",
        "close": 27.9438,
        "volume": 1065
      },
      {
        "date": "2025-12-05",
        "close": 25.6074,
        "volume": 149
      },
      {
        "date": "2025-12-12",
        "close": 25.1029,
        "volume": 412
      },
      {
        "date": "2025-12-19",
        "close": 24.8467,
        "volume": 82
      },
      {
        "date": "2025-12-26",
        "close": 25.3296,
        "volume": 37
      },
      {
        "date": "2026-01-02",
        "close": 25.7392,
        "volume": 3
      },
      {
        "date": "2026-01-09",
        "close": 24.8672,
        "volume": 88
      },
      {
        "date": "2026-01-16",
        "close": 25.7288,
        "volume": 130
      },
      {
        "date": "2026-01-23",
        "close": 24.818,
        "volume": 120
      },
      {
        "date": "2026-01-30",
        "close": 25.5756,
        "volume": 38
      },
      {
        "date": "2026-02-06",
        "close": 25.6251,
        "volume": 2875
      },
      {
        "date": "2026-02-13",
        "close": 29.09,
        "volume": 2879
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      {
        "date": "2026-02-20",
        "close": 28.8211,
        "volume": 2129
      },
      {
        "date": "2026-02-27",
        "close": 30.1228,
        "volume": 702
      },
      {
        "date": "2026-03-06",
        "close": 29.1546,
        "volume": 639
      },
      {
        "date": "2026-03-13",
        "close": 29.2943,
        "volume": 2115
      },
      {
        "date": "2026-03-20",
        "close": 26.4128,
        "volume": 173
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      {
        "date": "2026-03-27",
        "close": 27.4138,
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      {
        "date": "2026-04-03",
        "close": 27.9916,
        "volume": 8715
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      {
        "date": "2026-04-10",
        "close": 28.4875,
        "volume": 53
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      {
        "date": "2026-04-17",
        "close": 27.7741,
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      {
        "date": "2026-04-24",
        "close": 28.2262,
        "volume": 2574
      },
      {
        "date": "2026-05-01",
        "close": 28.5543,
        "volume": 5414
      },
      {
        "date": "2026-05-08",
        "close": 26.95,
        "volume": 897
      },
      {
        "date": "2026-05-15",
        "close": 26.2231,
        "volume": 2482
      },
      {
        "date": "2026-05-22",
        "close": 27.3603,
        "volume": 14
      },
      {
        "date": "2026-05-29",
        "close": 26.5014,
        "volume": 28
      },
      {
        "date": "2026-06-05",
        "close": 26.4028,
        "volume": 1056
      },
      {
        "date": "2026-06-12",
        "close": 26.4734,
        "volume": 11
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      {
        "date": "2026-06-19",
        "close": 26.6122,
        "volume": 39
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      {
        "date": "2026-06-26",
        "close": 27.9806,
        "volume": 242
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      {
        "date": "2026-07-03",
        "close": 27.6807,
        "volume": 1090
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      {
        "date": "2026-07-10",
        "close": 27.3709,
        "volume": 66
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      {
        "date": "2026-07-17",
        "close": 27.1006,
        "volume": 45
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      {
        "date": "2026-07-24",
        "close": 28.2046,
        "volume": 52
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      {
        "date": "2026-07-31",
        "close": 26.4507,
        "volume": 72
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      {
        "date": "2026-08-07",
        "close": 25.5919,
        "volume": 477
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    ],
    "sharemaestro_context": {
      "trend": 27.333127,
      "fair_value": 26.747004,
      "market_activity": 4.019769,
      "market_dynamics": -0.497697,
      "relative_strength": -16.742197
    },
    "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",
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        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      }
    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2026-07-24",
        "end": "2026-07-31",
        "tenure": "Brief",
        "return": -0.062185
      },
      {
        "direction": "negative",
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        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.0
      }
    ]
  }
}