{
  "ticker": {
    "uuid": "bd9eeb2f-6767-4f1a-ab47-bcff5c786169",
    "symbol": "SPYD",
    "name": "MegaShort (-3X) S&P 500 Daily Leveraged Alternative ETF",
    "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": 9.09,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 15.98,
    "boundary_margin": -0.431164,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.444832,
    "volatility_stability": 1.0179,
    "risk_context": 0.2248,
    "current_regime": {
      "move": -0.098214,
      "interruption": 0.132017,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 93.694,
    "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 43.1% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-05-22",
        "close": 10.08,
        "direction_boundary": 20.940001,
        "core_momentum": -0.518625,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.396632
      },
      {
        "date": "2026-05-29",
        "close": 9.62,
        "direction_boundary": 20.4,
        "core_momentum": -0.528431,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.375398
      },
      {
        "date": "2026-06-05",
        "close": 10.52,
        "direction_boundary": 19.18,
        "core_momentum": -0.451512,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.400542
      },
      {
        "date": "2026-06-12",
        "close": 10.35,
        "direction_boundary": 18.82,
        "core_momentum": -0.450053,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.398297
      },
      {
        "date": "2026-06-19",
        "close": 10.15,
        "direction_boundary": 19.450001,
        "core_momentum": -0.478149,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.398289
      },
      {
        "date": "2026-06-26",
        "close": 10.89,
        "direction_boundary": 17.65,
        "core_momentum": -0.383003,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.408829
      },
      {
        "date": "2026-07-03",
        "close": 10.33,
        "direction_boundary": 16.73,
        "core_momentum": -0.382546,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.411656
      },
      {
        "date": "2026-07-10",
        "close": 9.89,
        "direction_boundary": 16.76,
        "core_momentum": -0.409905,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.41438
      },
      {
        "date": "2026-07-17",
        "close": 10.26,
        "direction_boundary": 16.620001,
        "core_momentum": -0.382672,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.418442
      },
      {
        "date": "2026-07-24",
        "close": 10.54,
        "direction_boundary": 16.0,
        "core_momentum": -0.34125,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.421319
      },
      {
        "date": "2026-07-31",
        "close": 10.12,
        "direction_boundary": 17.200001,
        "core_momentum": -0.411628,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.423823
      },
      {
        "date": "2026-08-07",
        "close": 9.09,
        "direction_boundary": 15.98,
        "core_momentum": -0.431164,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.444832
      }
    ],
    "price_history": [
      {
        "date": "2025-05-23",
        "close": 20.940001,
        "volume": 100
      },
      {
        "date": "2025-05-30",
        "close": 20.4,
        "volume": 3100
      },
      {
        "date": "2025-06-06",
        "close": 19.18,
        "volume": 1300
      },
      {
        "date": "2025-06-13",
        "close": 18.82,
        "volume": 4800
      },
      {
        "date": "2025-06-20",
        "close": 19.450001,
        "volume": 33000
      },
      {
        "date": "2025-06-27",
        "close": 17.65,
        "volume": 95500
      },
      {
        "date": "2025-07-04",
        "close": 16.73,
        "volume": 84000
      },
      {
        "date": "2025-07-11",
        "close": 16.76,
        "volume": 15400
      },
      {
        "date": "2025-07-18",
        "close": 16.620001,
        "volume": 9000
      },
      {
        "date": "2025-07-25",
        "close": 16.0,
        "volume": 7800
      },
      {
        "date": "2025-08-01",
        "close": 17.200001,
        "volume": 23600
      },
      {
        "date": "2025-08-08",
        "close": 15.98,
        "volume": 8200
      },
      {
        "date": "2025-08-15",
        "close": 15.55,
        "volume": 11200
      },
      {
        "date": "2025-08-22",
        "close": 15.53,
        "volume": 17500
      },
      {
        "date": "2025-08-29",
        "close": 15.44,
        "volume": 3400
      },
      {
        "date": "2025-09-05",
        "close": 15.07,
        "volume": 12600
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      {
        "date": "2025-09-12",
        "close": 14.72,
        "volume": 3700
      },
      {
        "date": "2025-09-19",
        "close": 14.3,
        "volume": 5800
      },
      {
        "date": "2025-09-26",
        "close": 14.53,
        "volume": 13700
      },
      {
        "date": "2025-10-03",
        "close": 14.08,
        "volume": 5900
      },
      {
        "date": "2025-10-10",
        "close": 14.98,
        "volume": 15800
      },
      {
        "date": "2025-10-17",
        "close": 14.4,
        "volume": 26600
      },
      {
        "date": "2025-10-24",
        "close": 13.61,
        "volume": 21900
      },
      {
        "date": "2025-10-31",
        "close": 13.25,
        "volume": 19800
      },
      {
        "date": "2025-11-07",
        "close": 14.18,
        "volume": 20400
      },
      {
        "date": "2025-11-14",
        "close": 13.97,
        "volume": 16700
      },
      {
        "date": "2025-11-21",
        "close": 14.79,
        "volume": 39700
      },
      {
        "date": "2025-11-28",
        "close": 13.25,
        "volume": 8100
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      {
        "date": "2025-12-05",
        "close": 12.95,
        "volume": 16400
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      {
        "date": "2025-12-12",
        "close": 13.24,
        "volume": 49400
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        "date": "2025-12-19",
        "close": 13.24,
        "volume": 57500
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      {
        "date": "2025-12-26",
        "close": 12.58,
        "volume": 9000
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      {
        "date": "2026-01-02",
        "close": 12.88,
        "volume": 16300
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      {
        "date": "2026-01-09",
        "close": 12.66,
        "volume": 5100
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        "date": "2026-01-16",
        "close": 12.8,
        "volume": 212300
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        "date": "2026-01-23",
        "close": 12.72,
        "volume": 69900
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        "date": "2026-01-30",
        "close": 12.56,
        "volume": 27700
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        "date": "2026-02-06",
        "close": 12.63,
        "volume": 44400
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      {
        "date": "2026-02-13",
        "close": 13.14,
        "volume": 58500
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      {
        "date": "2026-02-20",
        "close": 12.78,
        "volume": 42200
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      {
        "date": "2026-02-27",
        "close": 12.9,
        "volume": 58000
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      {
        "date": "2026-03-06",
        "close": 13.66,
        "volume": 155100
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      {
        "date": "2026-03-13",
        "close": 14.49,
        "volume": 90600
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      {
        "date": "2026-03-20",
        "close": 15.34,
        "volume": 59500
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      {
        "date": "2026-03-27",
        "close": 16.51,
        "volume": 57300
      },
      {
        "date": "2026-04-03",
        "close": 14.89,
        "volume": 74400
      },
      {
        "date": "2026-04-10",
        "close": 13.32,
        "volume": 108100
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      {
        "date": "2026-04-17",
        "close": 11.53,
        "volume": 156100
      },
      {
        "date": "2026-04-24",
        "close": 11.31,
        "volume": 98000
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      {
        "date": "2026-05-01",
        "close": 10.92,
        "volume": 55300
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      {
        "date": "2026-05-08",
        "close": 10.29,
        "volume": 61200
      },
      {
        "date": "2026-05-15",
        "close": 10.31,
        "volume": 109200
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      {
        "date": "2026-05-22",
        "close": 10.08,
        "volume": 77200
      },
      {
        "date": "2026-05-29",
        "close": 9.62,
        "volume": 31800
      },
      {
        "date": "2026-06-05",
        "close": 10.52,
        "volume": 33300
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      {
        "date": "2026-06-12",
        "close": 10.35,
        "volume": 39600
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      {
        "date": "2026-06-19",
        "close": 10.15,
        "volume": 0
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      {
        "date": "2026-06-26",
        "close": 10.89,
        "volume": 3200
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      {
        "date": "2026-07-03",
        "close": 10.33,
        "volume": 0
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      {
        "date": "2026-07-10",
        "close": 9.89,
        "volume": 68700
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      {
        "date": "2026-07-17",
        "close": 10.26,
        "volume": 23200
      },
      {
        "date": "2026-07-24",
        "close": 10.54,
        "volume": 46400
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        "date": "2026-07-31",
        "close": 10.12,
        "volume": 70400
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      {
        "date": "2026-08-07",
        "close": 9.09,
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    ],
    "sharemaestro_context": {
      "trend": 11.798,
      "fair_value": 13.732344,
      "market_activity": -78.567538,
      "market_dynamics": 0.095599,
      "relative_strength": -37.329963
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": 0.008891,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.028086,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
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        "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": "2026-05-22",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.098214
      }
    ]
  }
}