{
  "ticker": {
    "uuid": "b8ce5df2-677b-492f-8b87-b20655b72e8e",
    "symbol": "ADEF",
    "name": "Kotak Indo-Pacific Defence UCITS ETF Accumulation",
    "exchange": "LSE",
    "country": "GB",
    "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": 607.75,
    "direction": "positive",
    "state": "Fresh positive regime",
    "is_fresh": true,
    "is_near_boundary": false,
    "direction_boundary": 569.0,
    "boundary_margin": 0.068102,
    "trend_agreement": "Divided",
    "persistence": "Fresh",
    "direction_turnover": "Moderate",
    "annualized_volatility": 0.392877,
    "volatility_stability": 0.7679,
    "risk_context": 0.2545,
    "current_regime": {
      "move": 0.0,
      "interruption": 0.0,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 43.085,
    "interpretation": {
      "label": "Fresh positive regime",
      "headline": "The Core Trend has just turned positive",
      "body": "This is a new regime change, not a forecast. The faster and slower Trend views show whether the move is becoming broadly established.",
      "age_context": "The current Core Trend is newly established.",
      "boundary_context": "The latest close is 6.8% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is moderate."
    },
    "chart_path": [
      {
        "date": "2026-07-31",
        "close": 543.5,
        "direction_boundary": 586.549988,
        "core_momentum": -0.073395,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.360403
      },
      {
        "date": "2026-08-07",
        "close": 607.75,
        "direction_boundary": 569.0,
        "core_momentum": 0.068102,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.392877
      }
    ],
    "price_history": [
      {
        "date": "2025-08-01",
        "close": 586.549988,
        "volume": 22876
      },
      {
        "date": "2025-08-08",
        "close": 569.0,
        "volume": 22961
      },
      {
        "date": "2025-08-15",
        "close": 546.299988,
        "volume": 9735
      },
      {
        "date": "2025-08-22",
        "close": 554.549988,
        "volume": 1686
      },
      {
        "date": "2025-08-29",
        "close": 548.549988,
        "volume": 162
      },
      {
        "date": "2025-09-05",
        "close": 558.099976,
        "volume": 3978
      },
      {
        "date": "2025-09-12",
        "close": 585.349976,
        "volume": 18493
      },
      {
        "date": "2025-09-19",
        "close": 602.549988,
        "volume": 17630
      },
      {
        "date": "2025-09-26",
        "close": 591.950012,
        "volume": 3970
      },
      {
        "date": "2025-10-03",
        "close": 621.400024,
        "volume": 18713
      },
      {
        "date": "2025-10-10",
        "close": 593.700012,
        "volume": 34845
      },
      {
        "date": "2025-10-17",
        "close": 567.599976,
        "volume": 29202
      },
      {
        "date": "2025-10-24",
        "close": 797.27002,
        "volume": 3936
      },
      {
        "date": "2025-10-31",
        "close": 612.900024,
        "volume": 57876
      },
      {
        "date": "2025-11-07",
        "close": 543.549988,
        "volume": 10171
      },
      {
        "date": "2025-11-14",
        "close": 556.349976,
        "volume": 6195
      },
      {
        "date": "2025-11-21",
        "close": 514.900024,
        "volume": 4310
      },
      {
        "date": "2025-11-28",
        "close": 513.950012,
        "volume": 3917
      },
      {
        "date": "2025-12-05",
        "close": 513.25,
        "volume": 13563
      },
      {
        "date": "2025-12-12",
        "close": 520.75,
        "volume": 23160
      },
      {
        "date": "2025-12-19",
        "close": 527.349976,
        "volume": 6189
      },
      {
        "date": "2025-12-26",
        "close": 535.549988,
        "volume": 1643
      },
      {
        "date": "2026-01-02",
        "close": 541.700012,
        "volume": 16052
      },
      {
        "date": "2026-01-09",
        "close": 629.099976,
        "volume": 104635
      },
      {
        "date": "2026-01-16",
        "close": 644.349976,
        "volume": 140405
      },
      {
        "date": "2026-01-23",
        "close": 633.799988,
        "volume": 46277
      },
      {
        "date": "2026-01-30",
        "close": 639.150024,
        "volume": 49356
      },
      {
        "date": "2026-02-06",
        "close": 616.900024,
        "volume": 23141
      },
      {
        "date": "2026-02-13",
        "close": 656.849976,
        "volume": 26858
      },
      {
        "date": "2026-02-20",
        "close": 690.099976,
        "volume": 63430
      },
      {
        "date": "2026-02-27",
        "close": 678.799988,
        "volume": 48854
      },
      {
        "date": "2026-03-06",
        "close": 699.900024,
        "volume": 103161
      },
      {
        "date": "2026-03-13",
        "close": 681.400024,
        "volume": 55739
      },
      {
        "date": "2026-03-20",
        "close": 630.299988,
        "volume": 29789
      },
      {
        "date": "2026-03-27",
        "close": 630.349976,
        "volume": 28829
      },
      {
        "date": "2026-04-03",
        "close": 662.549988,
        "volume": 35569
      },
      {
        "date": "2026-04-10",
        "close": 716.099976,
        "volume": 47053
      },
      {
        "date": "2026-04-17",
        "close": 743.900024,
        "volume": 37532
      },
      {
        "date": "2026-04-24",
        "close": 697.099976,
        "volume": 31104
      },
      {
        "date": "2026-05-01",
        "close": 697.400024,
        "volume": 33186
      },
      {
        "date": "2026-05-08",
        "close": 685.400024,
        "volume": 26265
      },
      {
        "date": "2026-05-15",
        "close": 647.349976,
        "volume": 37963
      },
      {
        "date": "2026-05-22",
        "close": 655.5,
        "volume": 34271
      },
      {
        "date": "2026-05-29",
        "close": 645.150024,
        "volume": 13050
      },
      {
        "date": "2026-06-05",
        "close": 592.35,
        "volume": 625
      },
      {
        "date": "2026-06-12",
        "close": 616.65,
        "volume": 2590
      },
      {
        "date": "2026-06-19",
        "close": 636.15,
        "volume": 11498
      },
      {
        "date": "2026-06-26",
        "close": 587.35,
        "volume": 570
      },
      {
        "date": "2026-07-03",
        "close": 622.2,
        "volume": 1248
      },
      {
        "date": "2026-07-10",
        "close": 591.95,
        "volume": 13507
      },
      {
        "date": "2026-07-17",
        "close": 568.95,
        "volume": 15414
      },
      {
        "date": "2026-07-24",
        "close": 591.15,
        "volume": 1376
      },
      {
        "date": "2026-07-31",
        "close": 543.5,
        "volume": 18473
      },
      {
        "date": "2026-08-07",
        "close": 607.75,
        "volume": 27648
      }
    ],
    "sharemaestro_context": {
      "trend": 643.678333,
      "fair_value": 611.899442,
      "market_activity": -17.289733,
      "market_dynamics": -1.047599,
      "relative_strength": -8.525517
    },
    "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": "2026-07-31",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "positive",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.0
      }
    ]
  }
}