{
  "ticker": {
    "uuid": "c1c13e81-0099-4dad-9c0a-4804420161c2",
    "symbol": "PQAP",
    "name": "PGIM NASDAQ-100 BUFFER 12 ETF - APRIL",
    "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": 32.335,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 27.505273,
    "boundary_margin": 0.175593,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.064039,
    "volatility_stability": 1.1241,
    "risk_context": 1.5,
    "current_regime": {
      "move": 0.129804,
      "interruption": -0.016204,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 100.0,
    "interpretation": {
      "label": "Positive across all Trend views",
      "headline": "All measured Trend views are positive",
      "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 is established.",
      "boundary_context": "The latest close is 17.6% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-01-02",
        "close": 28.62,
        "direction_boundary": 25.116684,
        "core_momentum": 0.139482,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.036119
      },
      {
        "date": "2026-01-09",
        "close": 28.725,
        "direction_boundary": 24.985506,
        "core_momentum": 0.149667,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.036126
      },
      {
        "date": "2026-01-16",
        "close": 28.73,
        "direction_boundary": 25.249361,
        "core_momentum": 0.137851,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.036126
      },
      {
        "date": "2026-01-23",
        "close": 28.78,
        "direction_boundary": 25.365641,
        "core_momentum": 0.134606,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.035801
      },
      {
        "date": "2026-01-30",
        "close": 28.775,
        "direction_boundary": 25.305651,
        "core_momentum": 0.137098,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.033874
      },
      {
        "date": "2026-02-06",
        "close": 28.77,
        "direction_boundary": 25.359342,
        "core_momentum": 0.134493,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030388
      },
      {
        "date": "2026-02-13",
        "close": 28.7322,
        "direction_boundary": 25.565607,
        "core_momentum": 0.123861,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030677
      },
      {
        "date": "2026-02-20",
        "close": 28.835,
        "direction_boundary": 25.465624,
        "core_momentum": 0.132311,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030667
      },
      {
        "date": "2026-02-27",
        "close": 28.88,
        "direction_boundary": 25.224165,
        "core_momentum": 0.144934,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030517
      },
      {
        "date": "2026-03-06",
        "close": 28.7994,
        "direction_boundary": 25.005703,
        "core_momentum": 0.151713,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030981
      },
      {
        "date": "2026-03-13",
        "close": 28.91,
        "direction_boundary": 24.875725,
        "core_momentum": 0.162177,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030781
      },
      {
        "date": "2026-03-20",
        "close": 28.9696,
        "direction_boundary": 24.951112,
        "core_momentum": 0.161054,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030533
      },
      {
        "date": "2026-03-27",
        "close": 29.022,
        "direction_boundary": 24.975708,
        "core_momentum": 0.162009,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.030408
      },
      {
        "date": "2026-04-03",
        "close": 29.4032,
        "direction_boundary": 23.423575,
        "core_momentum": 0.255282,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.034299
      },
      {
        "date": "2026-04-10",
        "close": 30.135,
        "direction_boundary": 24.357414,
        "core_momentum": 0.2372,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.044149
      },
      {
        "date": "2026-04-17",
        "close": 30.9016,
        "direction_boundary": 24.010374,
        "core_momentum": 0.28701,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.05358
      },
      {
        "date": "2026-04-24",
        "close": 31.13,
        "direction_boundary": 24.96571,
        "core_momentum": 0.24691,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.05361
      },
      {
        "date": "2026-05-01",
        "close": 31.34,
        "direction_boundary": 25.363741,
        "core_momentum": 0.235622,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.053592
      },
      {
        "date": "2026-05-08",
        "close": 31.755,
        "direction_boundary": 25.382538,
        "core_momentum": 0.251057,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.053647
      },
      {
        "date": "2026-05-15",
        "close": 31.725,
        "direction_boundary": 26.215695,
        "core_momentum": 0.210153,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.05387
      },
      {
        "date": "2026-05-22",
        "close": 31.88,
        "direction_boundary": 25.937143,
        "core_momentum": 0.229125,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.051876
      },
      {
        "date": "2026-05-29",
        "close": 32.09,
        "direction_boundary": 26.235491,
        "core_momentum": 0.223152,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.050106
      },
      {
        "date": "2026-06-05",
        "close": 31.6344,
        "direction_boundary": 26.452654,
        "core_momentum": 0.195888,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.056671
      },
      {
        "date": "2026-06-12",
        "close": 31.8064,
        "direction_boundary": 26.385166,
        "core_momentum": 0.205465,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.056455
      },
      {
        "date": "2026-06-19",
        "close": 31.795,
        "direction_boundary": 26.437957,
        "core_momentum": 0.202627,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.056793
      },
      {
        "date": "2026-06-26",
        "close": 31.7175,
        "direction_boundary": 26.922373,
        "core_momentum": 0.178109,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.057521
      },
      {
        "date": "2026-07-03",
        "close": 31.795,
        "direction_boundary": 27.040853,
        "core_momentum": 0.175813,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.05709
      },
      {
        "date": "2026-07-10",
        "close": 32.06,
        "direction_boundary": 27.065349,
        "core_momentum": 0.18454,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.057389
      },
      {
        "date": "2026-07-17",
        "close": 31.7046,
        "direction_boundary": 27.180529,
        "core_momentum": 0.166445,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.06102
      },
      {
        "date": "2026-07-24",
        "close": 31.57,
        "direction_boundary": 27.330303,
        "core_momentum": 0.155128,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.061981
      },
      {
        "date": "2026-07-31",
        "close": 31.81,
        "direction_boundary": 27.156033,
        "core_momentum": 0.171379,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.061979
      },
      {
        "date": "2026-08-07",
        "close": 32.335,
        "direction_boundary": 27.505273,
        "core_momentum": 0.175593,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.064039
      }
    ],
    "price_history": [
      {
        "date": "2025-01-03",
        "close": 25.116684,
        "volume": 3202342
      },
      {
        "date": "2025-01-10",
        "close": 24.985506,
        "volume": 2696072
      },
      {
        "date": "2025-01-17",
        "close": 25.249361,
        "volume": 2
      },
      {
        "date": "2025-01-24",
        "close": 25.365641,
        "volume": 4
      },
      {
        "date": "2025-01-31",
        "close": 25.305651,
        "volume": 1
      },
      {
        "date": "2025-02-07",
        "close": 25.359342,
        "volume": 0
      },
      {
        "date": "2025-02-14",
        "close": 25.565607,
        "volume": 3
      },
      {
        "date": "2025-02-21",
        "close": 25.465624,
        "volume": 5
      },
      {
        "date": "2025-02-28",
        "close": 25.224165,
        "volume": 103
      },
      {
        "date": "2025-03-07",
        "close": 25.005703,
        "volume": 440
      },
      {
        "date": "2025-03-14",
        "close": 24.875725,
        "volume": 0
      },
      {
        "date": "2025-03-21",
        "close": 24.951112,
        "volume": 1200
      },
      {
        "date": "2025-03-28",
        "close": 24.975708,
        "volume": 800
      },
      {
        "date": "2025-04-04",
        "close": 23.423575,
        "volume": 176870
      },
      {
        "date": "2025-04-11",
        "close": 24.357414,
        "volume": 14194
      },
      {
        "date": "2025-04-18",
        "close": 24.010374,
        "volume": 5401
      },
      {
        "date": "2025-04-25",
        "close": 24.96571,
        "volume": 7943
      },
      {
        "date": "2025-05-02",
        "close": 25.363741,
        "volume": 3937
      },
      {
        "date": "2025-05-09",
        "close": 25.382538,
        "volume": 620
      },
      {
        "date": "2025-05-16",
        "close": 26.215695,
        "volume": 4000
      },
      {
        "date": "2025-05-23",
        "close": 25.937143,
        "volume": 3087
      },
      {
        "date": "2025-05-30",
        "close": 26.235491,
        "volume": 6912
      },
      {
        "date": "2025-06-06",
        "close": 26.452654,
        "volume": 525
      },
      {
        "date": "2025-06-13",
        "close": 26.385166,
        "volume": 360
      },
      {
        "date": "2025-06-20",
        "close": 26.437957,
        "volume": 242
      },
      {
        "date": "2025-06-27",
        "close": 26.922373,
        "volume": 367
      },
      {
        "date": "2025-07-04",
        "close": 27.040853,
        "volume": 46824
      },
      {
        "date": "2025-07-11",
        "close": 27.065349,
        "volume": 829
      },
      {
        "date": "2025-07-18",
        "close": 27.180529,
        "volume": 800
      },
      {
        "date": "2025-07-25",
        "close": 27.330303,
        "volume": 802
      },
      {
        "date": "2025-08-01",
        "close": 27.156033,
        "volume": 8562
      },
      {
        "date": "2025-08-08",
        "close": 27.505273,
        "volume": 4169
      },
      {
        "date": "2025-08-15",
        "close": 27.558364,
        "volume": 6919
      },
      {
        "date": "2025-08-22",
        "close": 27.550266,
        "volume": 2334
      },
      {
        "date": "2025-08-29",
        "close": 27.540367,
        "volume": 0
      },
      {
        "date": "2025-09-05",
        "close": 27.654048,
        "volume": 1049
      },
      {
        "date": "2025-09-12",
        "close": 27.790524,
        "volume": 3484
      },
      {
        "date": "2025-09-19",
        "close": 27.910104,
        "volume": 0
      },
      {
        "date": "2025-09-26",
        "close": 27.896106,
        "volume": 1205
      },
      {
        "date": "2025-10-03",
        "close": 27.99019,
        "volume": 2055
      },
      {
        "date": "2025-10-10",
        "close": 27.780226,
        "volume": 6
      },
      {
        "date": "2025-10-17",
        "close": 27.950197,
        "volume": 13484
      },
      {
        "date": "2025-10-24",
        "close": 28.150162,
        "volume": 8759
      },
      {
        "date": "2025-10-31",
        "close": 28.180157,
        "volume": 7311
      },
      {
        "date": "2025-11-07",
        "close": 28.063577,
        "volume": 33251
      },
      {
        "date": "2025-11-14",
        "close": 28.070176,
        "volume": 10962
      },
      {
        "date": "2025-11-21",
        "close": 27.920002,
        "volume": 70
      },
      {
        "date": "2025-11-28",
        "close": 28.330132,
        "volume": 8882
      },
      {
        "date": "2025-12-05",
        "close": 28.425515,
        "volume": 2336
      },
      {
        "date": "2025-12-12",
        "close": 28.440113,
        "volume": 6120
      },
      {
        "date": "2025-12-19",
        "close": 28.520199,
        "volume": 2796
      },
      {
        "date": "2025-12-26",
        "close": 28.655076,
        "volume": 218448
      },
      {
        "date": "2026-01-02",
        "close": 28.62,
        "volume": 9900
      },
      {
        "date": "2026-01-09",
        "close": 28.725,
        "volume": 3589
      },
      {
        "date": "2026-01-16",
        "close": 28.73,
        "volume": 1268
      },
      {
        "date": "2026-01-23",
        "close": 28.78,
        "volume": 2394
      },
      {
        "date": "2026-01-30",
        "close": 28.775,
        "volume": 18955
      },
      {
        "date": "2026-02-06",
        "close": 28.77,
        "volume": 12943
      },
      {
        "date": "2026-02-13",
        "close": 28.7322,
        "volume": 96596
      },
      {
        "date": "2026-02-20",
        "close": 28.835,
        "volume": 10001
      },
      {
        "date": "2026-02-27",
        "close": 28.88,
        "volume": 8342
      },
      {
        "date": "2026-03-06",
        "close": 28.7994,
        "volume": 7878
      },
      {
        "date": "2026-03-13",
        "close": 28.91,
        "volume": 3914
      },
      {
        "date": "2026-03-20",
        "close": 28.9696,
        "volume": 3069
      },
      {
        "date": "2026-03-27",
        "close": 29.022,
        "volume": 2220
      },
      {
        "date": "2026-04-03",
        "close": 29.4032,
        "volume": 80596
      },
      {
        "date": "2026-04-10",
        "close": 30.135,
        "volume": 50802
      },
      {
        "date": "2026-04-17",
        "close": 30.9016,
        "volume": 58312
      },
      {
        "date": "2026-04-24",
        "close": 31.13,
        "volume": 20712
      },
      {
        "date": "2026-05-01",
        "close": 31.34,
        "volume": 24029
      },
      {
        "date": "2026-05-08",
        "close": 31.755,
        "volume": 16556
      },
      {
        "date": "2026-05-15",
        "close": 31.725,
        "volume": 20985
      },
      {
        "date": "2026-05-22",
        "close": 31.88,
        "volume": 11661
      },
      {
        "date": "2026-05-29",
        "close": 32.09,
        "volume": 29561
      },
      {
        "date": "2026-06-05",
        "close": 31.6344,
        "volume": 27319
      },
      {
        "date": "2026-06-12",
        "close": 31.8064,
        "volume": 11574
      },
      {
        "date": "2026-06-19",
        "close": 31.795,
        "volume": 773
      },
      {
        "date": "2026-06-26",
        "close": 31.7175,
        "volume": 18557
      },
      {
        "date": "2026-07-03",
        "close": 31.795,
        "volume": 81156
      },
      {
        "date": "2026-07-10",
        "close": 32.06,
        "volume": 19212
      },
      {
        "date": "2026-07-17",
        "close": 31.7046,
        "volume": 8287
      },
      {
        "date": "2026-07-24",
        "close": 31.57,
        "volume": 8430
      },
      {
        "date": "2026-07-31",
        "close": 31.81,
        "volume": 4285
      },
      {
        "date": "2026-08-07",
        "close": 32.335,
        "volume": 9761
      }
    ],
    "sharemaestro_context": {
      "trend": 30.526363,
      "fair_value": 28.051493,
      "market_activity": 33.508546,
      "market_dynamics": -0.437723,
      "relative_strength": -3.959872
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": 0.004917,
        "directional_follow_through": 0.7143,
        "regime_survival": 1.0,
        "conditional_difference": -8e-05,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.054355,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.027299,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 1,
        "median_return": 0.110936,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.002731,
        "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": "2026-01-02",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.129804
      }
    ]
  }
}