{
  "ticker": {
    "uuid": "ba73d619-d7fd-4a1c-bc32-4df8323ad627",
    "symbol": "NWT",
    "name": "Newmark Security plc",
    "exchange": "LSE",
    "country": "GB",
    "assetType": "equity"
  },
  "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": 110.0,
    "direction": "positive",
    "state": "Positive, Trend views divided",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 77.5,
    "boundary_margin": 0.419355,
    "trend_agreement": "Broadly aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.252026,
    "volatility_stability": 0.9158,
    "risk_context": 0.3968,
    "current_regime": {
      "move": -0.022222,
      "interruption": -0.043478,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 84.231,
    "interpretation": {
      "label": "Positive, Trend views divided",
      "headline": "Positive, Trend views divided",
      "body": "The Core Trend remains intact, but faster and slower Trend views disagree. The regime is less settled than a fully aligned trend.",
      "age_context": "The current Core Trend remains in its early lifecycle.",
      "boundary_context": "The latest close is 41.9% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2023-09-22",
        "close": 54.5,
        "direction_boundary": 34.0,
        "core_momentum": 0.602941,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.221213
      },
      {
        "date": "2023-09-29",
        "close": 51.5,
        "direction_boundary": 25.0,
        "core_momentum": 1.06,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.234331
      },
      {
        "date": "2023-10-06",
        "close": 51.5,
        "direction_boundary": 25.0,
        "core_momentum": 1.06,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.23404
      },
      {
        "date": "2023-10-13",
        "close": 51.5,
        "direction_boundary": 25.5,
        "core_momentum": 1.019608,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.23404
      },
      {
        "date": "2023-10-20",
        "close": 50.5,
        "direction_boundary": 25.5,
        "core_momentum": 0.980392,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.181389
      },
      {
        "date": "2023-10-27",
        "close": 47.5,
        "direction_boundary": 25.5,
        "core_momentum": 0.862745,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.192874
      },
      {
        "date": "2023-11-03",
        "close": 52.5,
        "direction_boundary": 25.5,
        "core_momentum": 1.058824,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.243176
      },
      {
        "date": "2023-11-10",
        "close": 52.5,
        "direction_boundary": 31.5,
        "core_momentum": 0.666667,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.243176
      },
      {
        "date": "2023-11-17",
        "close": 52.5,
        "direction_boundary": 31.5,
        "core_momentum": 0.666667,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.231449
      },
      {
        "date": "2023-11-24",
        "close": 50.5,
        "direction_boundary": 31.5,
        "core_momentum": 0.603175,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.237396
      },
      {
        "date": "2023-12-01",
        "close": 53.5,
        "direction_boundary": 32.5,
        "core_momentum": 0.646154,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.251543
      },
      {
        "date": "2025-05-02",
        "close": 71.0,
        "direction_boundary": 83.5,
        "core_momentum": -0.149701,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.236423
      },
      {
        "date": "2026-05-29",
        "close": 112.5,
        "direction_boundary": 77.5,
        "core_momentum": 0.451613,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.33792
      },
      {
        "date": "2026-06-05",
        "close": 115.0,
        "direction_boundary": 77.5,
        "core_momentum": 0.483871,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.325523
      },
      {
        "date": "2026-06-12",
        "close": 110.0,
        "direction_boundary": 72.5,
        "core_momentum": 0.517241,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.322283
      },
      {
        "date": "2026-06-19",
        "close": 110.0,
        "direction_boundary": 74.5,
        "core_momentum": 0.47651,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.322283
      },
      {
        "date": "2026-06-26",
        "close": 111.5,
        "direction_boundary": 74.5,
        "core_momentum": 0.496644,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.322725
      },
      {
        "date": "2026-07-03",
        "close": 111.5,
        "direction_boundary": 74.5,
        "core_momentum": 0.496644,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.317549
      },
      {
        "date": "2026-07-10",
        "close": 112.5,
        "direction_boundary": 80.0,
        "core_momentum": 0.40625,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.317608
      },
      {
        "date": "2026-07-17",
        "close": 110.0,
        "direction_boundary": 77.5,
        "core_momentum": 0.419355,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.275532
      },
      {
        "date": "2026-07-24",
        "close": 110.0,
        "direction_boundary": 80.0,
        "core_momentum": 0.375,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.258713
      },
      {
        "date": "2026-07-31",
        "close": 110.0,
        "direction_boundary": 80.0,
        "core_momentum": 0.375,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.252611
      },
      {
        "date": "2026-08-07",
        "close": 110.0,
        "direction_boundary": 77.5,
        "core_momentum": 0.419355,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.252026
      }
    ],
    "price_history": [
      {
        "date": "2023-06-09",
        "close": 53.5,
        "volume": 7552
      },
      {
        "date": "2023-06-16",
        "close": 53.5,
        "volume": 85
      },
      {
        "date": "2023-06-23",
        "close": 53.5,
        "volume": 7948
      },
      {
        "date": "2023-06-30",
        "close": 53.5,
        "volume": 50703
      },
      {
        "date": "2023-07-07",
        "close": 52.5,
        "volume": 21777
      },
      {
        "date": "2023-07-14",
        "close": 52.5,
        "volume": 1035
      },
      {
        "date": "2023-07-21",
        "close": 52.5,
        "volume": 24221
      },
      {
        "date": "2023-07-28",
        "close": 55.5,
        "volume": 99622
      },
      {
        "date": "2023-08-04",
        "close": 55.5,
        "volume": 8613
      },
      {
        "date": "2023-08-11",
        "close": 55.5,
        "volume": 2589
      },
      {
        "date": "2023-08-18",
        "close": 56.5,
        "volume": 72407
      },
      {
        "date": "2023-08-25",
        "close": 54.0,
        "volume": 14197
      },
      {
        "date": "2023-09-01",
        "close": 54.0,
        "volume": 0
      },
      {
        "date": "2023-09-08",
        "close": 54.0,
        "volume": 793
      },
      {
        "date": "2023-09-15",
        "close": 52.0,
        "volume": 130403
      },
      {
        "date": "2023-09-22",
        "close": 54.5,
        "volume": 10500
      },
      {
        "date": "2023-09-29",
        "close": 51.5,
        "volume": 48141
      },
      {
        "date": "2023-10-06",
        "close": 51.5,
        "volume": 20058
      },
      {
        "date": "2023-10-13",
        "close": 51.5,
        "volume": 100
      },
      {
        "date": "2023-10-20",
        "close": 50.5,
        "volume": 6
      },
      {
        "date": "2023-10-27",
        "close": 47.5,
        "volume": 9406
      },
      {
        "date": "2023-11-03",
        "close": 52.5,
        "volume": 106487
      },
      {
        "date": "2023-11-10",
        "close": 52.5,
        "volume": 6153
      },
      {
        "date": "2023-11-17",
        "close": 52.5,
        "volume": 44
      },
      {
        "date": "2023-11-24",
        "close": 50.5,
        "volume": 6525
      },
      {
        "date": "2023-12-01",
        "close": 53.5,
        "volume": 25595
      },
      {
        "date": "2023-12-22",
        "close": 72.5,
        "volume": 58394
      },
      {
        "date": "2023-12-29",
        "close": 75.0,
        "volume": 13958
      },
      {
        "date": "2024-01-05",
        "close": 82.0,
        "volume": 16707
      },
      {
        "date": "2024-01-12",
        "close": 81.5,
        "volume": 20546
      },
      {
        "date": "2024-01-19",
        "close": 84.0,
        "volume": 83534
      },
      {
        "date": "2024-01-26",
        "close": 75.0,
        "volume": 212524
      },
      {
        "date": "2024-02-02",
        "close": 73.5,
        "volume": 36903
      },
      {
        "date": "2024-02-09",
        "close": 74.5,
        "volume": 21392
      },
      {
        "date": "2024-02-16",
        "close": 74.5,
        "volume": 2700
      },
      {
        "date": "2024-03-01",
        "close": 85.0,
        "volume": 23824
      },
      {
        "date": "2024-03-08",
        "close": 92.5,
        "volume": 55099
      },
      {
        "date": "2024-03-15",
        "close": 90.0,
        "volume": 17800
      },
      {
        "date": "2024-03-22",
        "close": 90.0,
        "volume": 5464
      },
      {
        "date": "2024-03-29",
        "close": 87.5,
        "volume": 15821
      },
      {
        "date": "2024-04-19",
        "close": 83.5,
        "volume": 272
      },
      {
        "date": "2024-05-03",
        "close": 87.5,
        "volume": 15535
      },
      {
        "date": "2024-05-10",
        "close": 95.0,
        "volume": 20910
      },
      {
        "date": "2024-05-17",
        "close": 102.5,
        "volume": 35911
      },
      {
        "date": "2024-05-24",
        "close": 95.0,
        "volume": 14545
      },
      {
        "date": "2024-05-31",
        "close": 95.0,
        "volume": 30748
      },
      {
        "date": "2024-06-07",
        "close": 95.0,
        "volume": 1624
      },
      {
        "date": "2024-06-14",
        "close": 97.5,
        "volume": 21516
      },
      {
        "date": "2024-06-21",
        "close": 97.5,
        "volume": 1667
      },
      {
        "date": "2024-06-28",
        "close": 97.5,
        "volume": 8771
      },
      {
        "date": "2024-07-05",
        "close": 100.0,
        "volume": 16264
      },
      {
        "date": "2024-07-12",
        "close": 97.5,
        "volume": 7249
      },
      {
        "date": "2024-07-19",
        "close": 95.0,
        "volume": 18558
      },
      {
        "date": "2024-07-26",
        "close": 92.5,
        "volume": 1556
      },
      {
        "date": "2024-08-02",
        "close": 92.5,
        "volume": 9863
      },
      {
        "date": "2024-08-09",
        "close": 87.5,
        "volume": 3372
      },
      {
        "date": "2024-08-16",
        "close": 87.5,
        "volume": 2787
      },
      {
        "date": "2024-08-23",
        "close": 90.0,
        "volume": 30088
      },
      {
        "date": "2024-08-30",
        "close": 90.0,
        "volume": 2968
      },
      {
        "date": "2024-09-06",
        "close": 90.0,
        "volume": 18029
      },
      {
        "date": "2024-09-13",
        "close": 90.0,
        "volume": 52947
      },
      {
        "date": "2024-09-20",
        "close": 95.0,
        "volume": 28123
      },
      {
        "date": "2024-09-27",
        "close": 92.5,
        "volume": 14999
      },
      {
        "date": "2024-10-04",
        "close": 90.0,
        "volume": 5974
      },
      {
        "date": "2024-10-11",
        "close": 90.0,
        "volume": 0
      },
      {
        "date": "2024-10-18",
        "close": 87.5,
        "volume": 19220
      },
      {
        "date": "2024-10-25",
        "close": 86.0,
        "volume": 38004
      },
      {
        "date": "2024-11-01",
        "close": 86.0,
        "volume": 38368
      },
      {
        "date": "2024-11-08",
        "close": 86.0,
        "volume": 12212
      },
      {
        "date": "2024-11-15",
        "close": 86.0,
        "volume": 2715
      },
      {
        "date": "2024-11-22",
        "close": 80.0,
        "volume": 12619
      },
      {
        "date": "2024-11-29",
        "close": 80.0,
        "volume": 6698
      },
      {
        "date": "2024-12-06",
        "close": 77.5,
        "volume": 2020
      },
      {
        "date": "2024-12-13",
        "close": 75.0,
        "volume": 9466
      },
      {
        "date": "2024-12-20",
        "close": 70.0,
        "volume": 11405
      },
      {
        "date": "2024-12-27",
        "close": 70.0,
        "volume": 2100
      },
      {
        "date": "2025-01-03",
        "close": 72.5,
        "volume": 3372
      },
      {
        "date": "2025-01-10",
        "close": 67.5,
        "volume": 45557
      },
      {
        "date": "2025-01-17",
        "close": 72.5,
        "volume": 53547
      },
      {
        "date": "2025-01-24",
        "close": 74.0,
        "volume": 6413
      },
      {
        "date": "2025-01-31",
        "close": 72.5,
        "volume": 43900
      },
      {
        "date": "2025-02-14",
        "close": 69.5,
        "volume": 2006
      },
      {
        "date": "2025-02-21",
        "close": 69.5,
        "volume": 40
      },
      {
        "date": "2025-02-28",
        "close": 69.5,
        "volume": 200
      },
      {
        "date": "2025-03-07",
        "close": 69.5,
        "volume": 26290
      },
      {
        "date": "2025-03-14",
        "close": 69.5,
        "volume": 1834444
      },
      {
        "date": "2025-03-21",
        "close": 72.5,
        "volume": 4012
      },
      {
        "date": "2025-03-28",
        "close": 72.5,
        "volume": 2098
      },
      {
        "date": "2025-04-04",
        "close": 70.0,
        "volume": 16246
      },
      {
        "date": "2025-04-11",
        "close": 70.0,
        "volume": 1506
      },
      {
        "date": "2025-04-18",
        "close": 70.0,
        "volume": 1200
      },
      {
        "date": "2025-04-25",
        "close": 70.0,
        "volume": 25202
      },
      {
        "date": "2025-05-02",
        "close": 71.0,
        "volume": 35600
      },
      {
        "date": "2025-05-23",
        "close": 77.5,
        "volume": 18627
      },
      {
        "date": "2025-05-30",
        "close": 77.5,
        "volume": 423
      },
      {
        "date": "2025-06-06",
        "close": 72.5,
        "volume": 5816
      },
      {
        "date": "2025-06-13",
        "close": 74.5,
        "volume": 8424
      },
      {
        "date": "2025-06-20",
        "close": 74.5,
        "volume": 80
      },
      {
        "date": "2025-06-27",
        "close": 74.5,
        "volume": 2424
      },
      {
        "date": "2025-07-04",
        "close": 80.0,
        "volume": 4548
      },
      {
        "date": "2025-07-11",
        "close": 77.5,
        "volume": 7056
      },
      {
        "date": "2025-07-18",
        "close": 80.0,
        "volume": 3172
      },
      {
        "date": "2025-07-25",
        "close": 80.0,
        "volume": 9913
      },
      {
        "date": "2025-08-01",
        "close": 77.5,
        "volume": 44178
      },
      {
        "date": "2025-08-08",
        "close": 77.5,
        "volume": 3504
      },
      {
        "date": "2025-08-15",
        "close": 77.5,
        "volume": 1557
      },
      {
        "date": "2025-08-22",
        "close": 77.5,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 77.5,
        "volume": 34
      },
      {
        "date": "2025-09-05",
        "close": 82.5,
        "volume": 36773
      },
      {
        "date": "2025-09-12",
        "close": 85.0,
        "volume": 57240
      },
      {
        "date": "2025-09-19",
        "close": 92.5,
        "volume": 23418
      },
      {
        "date": "2025-09-26",
        "close": 102.5,
        "volume": 35251
      },
      {
        "date": "2025-10-03",
        "close": 95.0,
        "volume": 21498
      },
      {
        "date": "2025-10-10",
        "close": 105.0,
        "volume": 14714
      },
      {
        "date": "2025-10-17",
        "close": 112.5,
        "volume": 17161
      },
      {
        "date": "2025-10-24",
        "close": 115.0,
        "volume": 17323
      },
      {
        "date": "2025-10-31",
        "close": 117.5,
        "volume": 58085
      },
      {
        "date": "2025-11-07",
        "close": 112.5,
        "volume": 23683
      },
      {
        "date": "2025-11-14",
        "close": 111.5,
        "volume": 28186
      },
      {
        "date": "2025-11-21",
        "close": 105.0,
        "volume": 51009
      },
      {
        "date": "2025-12-05",
        "close": 112.5,
        "volume": 29937
      },
      {
        "date": "2025-12-12",
        "close": 106.5,
        "volume": 36052
      },
      {
        "date": "2025-12-19",
        "close": 106.5,
        "volume": 2304
      },
      {
        "date": "2025-12-26",
        "close": 106.5,
        "volume": 10500
      },
      {
        "date": "2026-01-02",
        "close": 102.5,
        "volume": 92201
      },
      {
        "date": "2026-01-09",
        "close": 102.5,
        "volume": 17331
      },
      {
        "date": "2026-01-16",
        "close": 115.0,
        "volume": 56116
      },
      {
        "date": "2026-01-23",
        "close": 107.5,
        "volume": 8072
      },
      {
        "date": "2026-01-30",
        "close": 103.5,
        "volume": 23035
      },
      {
        "date": "2026-02-06",
        "close": 105.0,
        "volume": 7408
      },
      {
        "date": "2026-02-13",
        "close": 105.0,
        "volume": 4289
      },
      {
        "date": "2026-02-20",
        "close": 105.0,
        "volume": 12027
      },
      {
        "date": "2026-02-27",
        "close": 107.5,
        "volume": 24923
      },
      {
        "date": "2026-03-06",
        "close": 107.5,
        "volume": 2308
      },
      {
        "date": "2026-03-13",
        "close": 105.0,
        "volume": 13905
      },
      {
        "date": "2026-03-20",
        "close": 102.5,
        "volume": 34902
      },
      {
        "date": "2026-03-27",
        "close": 95.0,
        "volume": 106479
      },
      {
        "date": "2026-04-03",
        "close": 95.0,
        "volume": 0
      },
      {
        "date": "2026-04-10",
        "close": 95.0,
        "volume": 4067
      },
      {
        "date": "2026-04-17",
        "close": 95.0,
        "volume": 6410
      },
      {
        "date": "2026-04-24",
        "close": 95.0,
        "volume": 180
      },
      {
        "date": "2026-05-01",
        "close": 95.0,
        "volume": 100000
      },
      {
        "date": "2026-05-08",
        "close": 97.5,
        "volume": 5118
      },
      {
        "date": "2026-05-15",
        "close": 97.5,
        "volume": 524
      },
      {
        "date": "2026-05-22",
        "close": 112.5,
        "volume": 17560
      },
      {
        "date": "2026-05-29",
        "close": 112.5,
        "volume": 16
      },
      {
        "date": "2026-06-05",
        "close": 115.0,
        "volume": 4822
      },
      {
        "date": "2026-06-12",
        "close": 110.0,
        "volume": 876
      },
      {
        "date": "2026-06-19",
        "close": 110.0,
        "volume": 80
      },
      {
        "date": "2026-06-26",
        "close": 111.5,
        "volume": 2409
      },
      {
        "date": "2026-07-03",
        "close": 111.5,
        "volume": 2780
      },
      {
        "date": "2026-07-10",
        "close": 112.5,
        "volume": 5016
      },
      {
        "date": "2026-07-17",
        "close": 110.0,
        "volume": 23020
      },
      {
        "date": "2026-07-24",
        "close": 110.0,
        "volume": 1203
      },
      {
        "date": "2026-07-31",
        "close": 110.0,
        "volume": 18552
      },
      {
        "date": "2026-08-07",
        "close": 110.0,
        "volume": 6967
      }
    ],
    "sharemaestro_context": {
      "trend": 105.466667,
      "fair_value": 84.105769,
      "market_activity": 6.790076,
      "market_dynamics": 0.525172,
      "relative_strength": -1.371556
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.07767,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.07767,
        "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": "positive",
        "start": "2023-09-22",
        "end": "2023-12-01",
        "tenure": "Developing",
        "return": -0.018349
      },
      {
        "direction": "negative",
        "start": "2025-05-02",
        "end": "2025-05-02",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "positive",
        "start": "2026-05-29",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.022222
      }
    ]
  }
}