{
  "ticker": {
    "uuid": "c0105168-8808-4738-9dd7-71250da19c79",
    "symbol": "MLDR",
    "name": "GLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF",
    "exchange": "NYSEARCA",
    "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": 48.1806,
    "direction": "positive",
    "state": "Positive, shorter trend weakening",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 47.753244,
    "boundary_margin": 0.008949,
    "trend_agreement": "Narrow",
    "persistence": "Mature",
    "direction_turnover": "Low",
    "annualized_volatility": 0.042862,
    "volatility_stability": 1.1769,
    "risk_context": 1.5,
    "current_regime": {
      "move": -0.006453,
      "interruption": -0.034336,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 46.264,
    "interpretation": {
      "label": "Positive, shorter trend weakening",
      "headline": "Positive, shorter trend weakening",
      "body": "The Core Trend remains in force, but the Fast Trend now points the other way. That is an early loss of persistence, not yet a regime change.",
      "age_context": "The current Core Trend has persisted into a mature lifecycle.",
      "boundary_context": "The latest close is 0.9% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2025-09-12",
        "close": 48.493534,
        "direction_boundary": 47.191816,
        "core_momentum": 0.027584,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.052682
      },
      {
        "date": "2025-09-19",
        "close": 48.38532,
        "direction_boundary": 47.076868,
        "core_momentum": 0.027794,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.052675
      },
      {
        "date": "2025-09-26",
        "close": 48.205448,
        "direction_boundary": 47.048038,
        "core_momentum": 0.024601,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.053141
      },
      {
        "date": "2025-10-03",
        "close": 48.386618,
        "direction_boundary": 46.427674,
        "core_momentum": 0.042193,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.049045
      },
      {
        "date": "2025-10-10",
        "close": 48.595805,
        "direction_boundary": 46.261362,
        "core_momentum": 0.050462,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.032619
      },
      {
        "date": "2025-10-17",
        "close": 48.771347,
        "direction_boundary": 46.300212,
        "core_momentum": 0.053372,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030274
      },
      {
        "date": "2025-10-24",
        "close": 48.795728,
        "direction_boundary": 45.912182,
        "core_momentum": 0.062806,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.029906
      },
      {
        "date": "2025-10-31",
        "close": 48.571424,
        "direction_boundary": 45.599407,
        "core_momentum": 0.065177,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030819
      },
      {
        "date": "2025-11-07",
        "close": 48.699623,
        "direction_boundary": 45.731518,
        "core_momentum": 0.064903,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030263
      },
      {
        "date": "2025-11-14",
        "close": 48.577348,
        "direction_boundary": 45.498322,
        "core_momentum": 0.067673,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030067
      },
      {
        "date": "2025-11-21",
        "close": 48.865917,
        "direction_boundary": 45.556597,
        "core_momentum": 0.072642,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030569
      },
      {
        "date": "2025-11-28",
        "close": 48.97792,
        "direction_boundary": 46.088996,
        "core_momentum": 0.062681,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.029952
      },
      {
        "date": "2025-12-05",
        "close": 48.729709,
        "direction_boundary": 46.247155,
        "core_momentum": 0.05368,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.029315
      },
      {
        "date": "2025-12-12",
        "close": 48.675745,
        "direction_boundary": 45.769268,
        "core_momentum": 0.063503,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.028614
      },
      {
        "date": "2025-12-19",
        "close": 48.818015,
        "direction_boundary": 45.5229,
        "core_momentum": 0.072384,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.028628
      },
      {
        "date": "2025-12-26",
        "close": 48.876885,
        "direction_boundary": 45.380092,
        "core_momentum": 0.077056,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.027291
      },
      {
        "date": "2026-01-02",
        "close": 48.818683,
        "direction_boundary": 45.501442,
        "core_momentum": 0.072904,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.026709
      },
      {
        "date": "2026-01-09",
        "close": 48.85608,
        "direction_boundary": 45.15528,
        "core_momentum": 0.081957,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.026194
      },
      {
        "date": "2026-01-16",
        "close": 48.730109,
        "direction_boundary": 45.557838,
        "core_momentum": 0.069632,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.026745
      },
      {
        "date": "2026-01-23",
        "close": 48.739951,
        "direction_boundary": 45.583757,
        "core_momentum": 0.069239,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.026731
      },
      {
        "date": "2026-01-30",
        "close": 48.818486,
        "direction_boundary": 45.771364,
        "core_momentum": 0.066573,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.022981
      },
      {
        "date": "2026-02-06",
        "close": 48.942363,
        "direction_boundary": 45.869978,
        "core_momentum": 0.06698,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.022536
      },
      {
        "date": "2026-02-13",
        "close": 49.355028,
        "direction_boundary": 45.941397,
        "core_momentum": 0.074304,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.024693
      },
      {
        "date": "2026-02-20",
        "close": 49.287896,
        "direction_boundary": 46.113088,
        "core_momentum": 0.068848,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.024416
      },
      {
        "date": "2026-02-27",
        "close": 49.643302,
        "direction_boundary": 46.670061,
        "core_momentum": 0.063708,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.025535
      },
      {
        "date": "2026-03-06",
        "close": 49.106529,
        "direction_boundary": 46.487629,
        "core_momentum": 0.056335,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.029334
      },
      {
        "date": "2026-03-13",
        "close": 48.757842,
        "direction_boundary": 46.491067,
        "core_momentum": 0.048757,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.031182
      },
      {
        "date": "2026-03-20",
        "close": 48.450846,
        "direction_boundary": 46.735173,
        "core_momentum": 0.036711,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.032315
      },
      {
        "date": "2026-03-27",
        "close": 48.35231,
        "direction_boundary": 46.794289,
        "core_momentum": 0.033295,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.032004
      },
      {
        "date": "2026-04-03",
        "close": 48.752109,
        "direction_boundary": 47.532681,
        "core_momentum": 0.025655,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.033587
      },
      {
        "date": "2026-04-10",
        "close": 48.776947,
        "direction_boundary": 46.366808,
        "core_momentum": 0.05198,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.033085
      },
      {
        "date": "2026-04-17",
        "close": 49.048178,
        "direction_boundary": 46.855055,
        "core_momentum": 0.046807,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.033597
      },
      {
        "date": "2026-04-24",
        "close": 48.896169,
        "direction_boundary": 47.086007,
        "core_momentum": 0.038444,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.033906
      },
      {
        "date": "2026-05-01",
        "close": 48.528578,
        "direction_boundary": 47.020304,
        "core_momentum": 0.032077,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.034948
      },
      {
        "date": "2026-05-08",
        "close": 48.609744,
        "direction_boundary": 46.881376,
        "core_momentum": 0.036867,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.034826
      },
      {
        "date": "2026-05-15",
        "close": 48.018638,
        "direction_boundary": 46.73188,
        "core_momentum": 0.027535,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.038595
      },
      {
        "date": "2026-05-22",
        "close": 48.127719,
        "direction_boundary": 46.720735,
        "core_momentum": 0.030115,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.037711
      },
      {
        "date": "2026-05-29",
        "close": 48.44334,
        "direction_boundary": 47.002914,
        "core_momentum": 0.030645,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.038803
      },
      {
        "date": "2026-06-05",
        "close": 48.165954,
        "direction_boundary": 46.704576,
        "core_momentum": 0.03129,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.038972
      },
      {
        "date": "2026-06-12",
        "close": 48.38543,
        "direction_boundary": 47.017674,
        "core_momentum": 0.02909,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.039565
      },
      {
        "date": "2026-06-19",
        "close": 48.425099,
        "direction_boundary": 47.149023,
        "core_momentum": 0.027065,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.039337
      },
      {
        "date": "2026-06-26",
        "close": 48.704177,
        "direction_boundary": 47.496042,
        "core_momentum": 0.025437,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.040183
      },
      {
        "date": "2026-07-03",
        "close": 48.358949,
        "direction_boundary": 47.332215,
        "core_momentum": 0.021692,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.041317
      },
      {
        "date": "2026-07-10",
        "close": 48.174563,
        "direction_boundary": 47.215262,
        "core_momentum": 0.020318,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.041555
      },
      {
        "date": "2026-07-17",
        "close": 48.264264,
        "direction_boundary": 47.274222,
        "core_momentum": 0.020943,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.041575
      },
      {
        "date": "2026-07-24",
        "close": 47.945327,
        "direction_boundary": 47.380543,
        "core_momentum": 0.01192,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.042457
      },
      {
        "date": "2026-07-31",
        "close": 47.938749,
        "direction_boundary": 47.885181,
        "core_momentum": 0.001119,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.042342
      },
      {
        "date": "2026-08-07",
        "close": 48.1806,
        "direction_boundary": 47.753244,
        "core_momentum": 0.008949,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.042862
      }
    ],
    "price_history": [
      {
        "date": "2024-09-13",
        "close": 47.191816,
        "volume": 429
      },
      {
        "date": "2024-09-20",
        "close": 47.076868,
        "volume": 498
      },
      {
        "date": "2024-09-27",
        "close": 47.048038,
        "volume": 302
      },
      {
        "date": "2024-10-04",
        "close": 46.427674,
        "volume": 216
      },
      {
        "date": "2024-10-11",
        "close": 46.261362,
        "volume": 216
      },
      {
        "date": "2024-10-18",
        "close": 46.300212,
        "volume": 611
      },
      {
        "date": "2024-10-25",
        "close": 45.912182,
        "volume": 517
      },
      {
        "date": "2024-11-01",
        "close": 45.599407,
        "volume": 752
      },
      {
        "date": "2024-11-08",
        "close": 45.731518,
        "volume": 625
      },
      {
        "date": "2024-11-15",
        "close": 45.498322,
        "volume": 1773
      },
      {
        "date": "2024-11-22",
        "close": 45.556597,
        "volume": 525
      },
      {
        "date": "2024-11-29",
        "close": 46.088996,
        "volume": 9
      },
      {
        "date": "2024-12-06",
        "close": 46.247155,
        "volume": 32
      },
      {
        "date": "2024-12-13",
        "close": 45.769268,
        "volume": 21
      },
      {
        "date": "2024-12-20",
        "close": 45.5229,
        "volume": 541
      },
      {
        "date": "2024-12-27",
        "close": 45.380092,
        "volume": 1223247
      },
      {
        "date": "2025-01-03",
        "close": 45.501442,
        "volume": 568
      },
      {
        "date": "2025-01-10",
        "close": 45.15528,
        "volume": 220
      },
      {
        "date": "2025-01-17",
        "close": 45.557838,
        "volume": 174
      },
      {
        "date": "2025-01-24",
        "close": 45.583757,
        "volume": 124
      },
      {
        "date": "2025-01-31",
        "close": 45.771364,
        "volume": 230
      },
      {
        "date": "2025-02-07",
        "close": 45.869978,
        "volume": 2429
      },
      {
        "date": "2025-02-14",
        "close": 45.941397,
        "volume": 75
      },
      {
        "date": "2025-02-21",
        "close": 46.113088,
        "volume": 637
      },
      {
        "date": "2025-02-28",
        "close": 46.670061,
        "volume": 446
      },
      {
        "date": "2025-03-07",
        "close": 46.487629,
        "volume": 1171
      },
      {
        "date": "2025-03-14",
        "close": 46.491067,
        "volume": 3817
      },
      {
        "date": "2025-03-21",
        "close": 46.735173,
        "volume": 1032
      },
      {
        "date": "2025-03-28",
        "close": 46.794289,
        "volume": 226
      },
      {
        "date": "2025-04-04",
        "close": 47.532681,
        "volume": 1656
      },
      {
        "date": "2025-04-11",
        "close": 46.366808,
        "volume": 384
      },
      {
        "date": "2025-04-18",
        "close": 46.855055,
        "volume": 113
      },
      {
        "date": "2025-04-25",
        "close": 47.086007,
        "volume": 2021
      },
      {
        "date": "2025-05-02",
        "close": 47.020304,
        "volume": 64
      },
      {
        "date": "2025-05-09",
        "close": 46.881376,
        "volume": 17
      },
      {
        "date": "2025-05-16",
        "close": 46.73188,
        "volume": 66
      },
      {
        "date": "2025-05-23",
        "close": 46.720735,
        "volume": 116
      },
      {
        "date": "2025-05-30",
        "close": 47.002914,
        "volume": 0
      },
      {
        "date": "2025-06-06",
        "close": 46.704576,
        "volume": 472
      },
      {
        "date": "2025-06-13",
        "close": 47.017674,
        "volume": 5
      },
      {
        "date": "2025-06-20",
        "close": 47.149023,
        "volume": 9
      },
      {
        "date": "2025-06-27",
        "close": 47.496042,
        "volume": 156
      },
      {
        "date": "2025-07-04",
        "close": 47.332215,
        "volume": 1354
      },
      {
        "date": "2025-07-11",
        "close": 47.215262,
        "volume": 35
      },
      {
        "date": "2025-07-18",
        "close": 47.274222,
        "volume": 99
      },
      {
        "date": "2025-07-25",
        "close": 47.380543,
        "volume": 38
      },
      {
        "date": "2025-08-01",
        "close": 47.885181,
        "volume": 90
      },
      {
        "date": "2025-08-08",
        "close": 47.753244,
        "volume": 203
      },
      {
        "date": "2025-08-15",
        "close": 47.737249,
        "volume": 150
      },
      {
        "date": "2025-08-22",
        "close": 47.966515,
        "volume": 531
      },
      {
        "date": "2025-08-29",
        "close": 48.163984,
        "volume": 242
      },
      {
        "date": "2025-09-05",
        "close": 48.480214,
        "volume": 99
      },
      {
        "date": "2025-09-12",
        "close": 48.493534,
        "volume": 27
      },
      {
        "date": "2025-09-19",
        "close": 48.38532,
        "volume": 41
      },
      {
        "date": "2025-09-26",
        "close": 48.205448,
        "volume": 100
      },
      {
        "date": "2025-10-03",
        "close": 48.386618,
        "volume": 24
      },
      {
        "date": "2025-10-10",
        "close": 48.595805,
        "volume": 42
      },
      {
        "date": "2025-10-17",
        "close": 48.771347,
        "volume": 20
      },
      {
        "date": "2025-10-24",
        "close": 48.795728,
        "volume": 218
      },
      {
        "date": "2025-10-31",
        "close": 48.571424,
        "volume": 840
      },
      {
        "date": "2025-11-07",
        "close": 48.699623,
        "volume": 648
      },
      {
        "date": "2025-11-14",
        "close": 48.577348,
        "volume": 182
      },
      {
        "date": "2025-11-21",
        "close": 48.865917,
        "volume": 585
      },
      {
        "date": "2025-11-28",
        "close": 48.97792,
        "volume": 31
      },
      {
        "date": "2025-12-05",
        "close": 48.729709,
        "volume": 749
      },
      {
        "date": "2025-12-12",
        "close": 48.675745,
        "volume": 691
      },
      {
        "date": "2025-12-19",
        "close": 48.818015,
        "volume": 850
      },
      {
        "date": "2025-12-26",
        "close": 48.876885,
        "volume": 52
      },
      {
        "date": "2026-01-02",
        "close": 48.818683,
        "volume": 18636
      },
      {
        "date": "2026-01-09",
        "close": 48.85608,
        "volume": 12206
      },
      {
        "date": "2026-01-16",
        "close": 48.730109,
        "volume": 6414
      },
      {
        "date": "2026-01-23",
        "close": 48.739951,
        "volume": 936
      },
      {
        "date": "2026-01-30",
        "close": 48.818486,
        "volume": 239
      },
      {
        "date": "2026-02-06",
        "close": 48.942363,
        "volume": 82
      },
      {
        "date": "2026-02-13",
        "close": 49.355028,
        "volume": 1057
      },
      {
        "date": "2026-02-20",
        "close": 49.287896,
        "volume": 39
      },
      {
        "date": "2026-02-27",
        "close": 49.643302,
        "volume": 813
      },
      {
        "date": "2026-03-06",
        "close": 49.106529,
        "volume": 66
      },
      {
        "date": "2026-03-13",
        "close": 48.757842,
        "volume": 346
      },
      {
        "date": "2026-03-20",
        "close": 48.450846,
        "volume": 26
      },
      {
        "date": "2026-03-27",
        "close": 48.35231,
        "volume": 940
      },
      {
        "date": "2026-04-03",
        "close": 48.752109,
        "volume": 128
      },
      {
        "date": "2026-04-10",
        "close": 48.776947,
        "volume": 159
      },
      {
        "date": "2026-04-17",
        "close": 49.048178,
        "volume": 1240
      },
      {
        "date": "2026-04-24",
        "close": 48.896169,
        "volume": 138
      },
      {
        "date": "2026-05-01",
        "close": 48.528578,
        "volume": 1536
      },
      {
        "date": "2026-05-08",
        "close": 48.609744,
        "volume": 382
      },
      {
        "date": "2026-05-15",
        "close": 48.018638,
        "volume": 6582
      },
      {
        "date": "2026-05-22",
        "close": 48.127719,
        "volume": 1525
      },
      {
        "date": "2026-05-29",
        "close": 48.44334,
        "volume": 658
      },
      {
        "date": "2026-06-05",
        "close": 48.165954,
        "volume": 2010
      },
      {
        "date": "2026-06-12",
        "close": 48.38543,
        "volume": 1464
      },
      {
        "date": "2026-06-19",
        "close": 48.425099,
        "volume": 151
      },
      {
        "date": "2026-06-26",
        "close": 48.704177,
        "volume": 169
      },
      {
        "date": "2026-07-03",
        "close": 48.358949,
        "volume": 3242
      },
      {
        "date": "2026-07-10",
        "close": 48.174563,
        "volume": 1537
      },
      {
        "date": "2026-07-17",
        "close": 48.264264,
        "volume": 796
      },
      {
        "date": "2026-07-24",
        "close": 47.945327,
        "volume": 443
      },
      {
        "date": "2026-07-31",
        "close": 47.938749,
        "volume": 257
      },
      {
        "date": "2026-08-07",
        "close": 48.1806,
        "volume": 3275
      }
    ],
    "sharemaestro_context": {
      "trend": 48.59764,
      "fair_value": 47.580688,
      "market_activity": -18.672204,
      "market_dynamics": -0.768601,
      "relative_strength": -11.759294
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": -0.002341,
        "directional_follow_through": 0.5,
        "regime_survival": 1.0,
        "conditional_difference": -0.002846,
        "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": "2025-09-12",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.006453
      }
    ]
  }
}