{
  "ticker": {
    "uuid": "df0563e2-06f2-4a72-99a3-99e393eb9bf4",
    "symbol": "XDCN",
    "name": "21Shares XDC Network ETP",
    "exchange": "PAR",
    "country": "FR",
    "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": 6.9206,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 24.9505,
    "boundary_margin": -0.722627,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.385879,
    "volatility_stability": 0.8404,
    "risk_context": 0.2591,
    "current_regime": {
      "move": -0.038405,
      "interruption": 0.005141,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 91.923,
    "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 72.3% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-10",
        "close": 7.197,
        "direction_boundary": 20.2055,
        "core_momentum": -0.64381,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.460667
      },
      {
        "date": "2026-07-17",
        "close": 7.234,
        "direction_boundary": 19.804001,
        "core_momentum": -0.63472,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.461064
      },
      {
        "date": "2026-07-24",
        "close": 7.234,
        "direction_boundary": 24.403999,
        "core_momentum": -0.703573,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.41395
      },
      {
        "date": "2026-07-31",
        "close": 7.234,
        "direction_boundary": 24.403999,
        "core_momentum": -0.703573,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.392884
      },
      {
        "date": "2026-08-07",
        "close": 6.9206,
        "direction_boundary": 24.9505,
        "core_momentum": -0.722627,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.385879
      }
    ],
    "price_history": [
      {
        "date": "2025-07-11",
        "close": 20.2055,
        "volume": 1668
      },
      {
        "date": "2025-07-18",
        "close": 19.804001,
        "volume": 200
      },
      {
        "date": "2025-07-25",
        "close": 24.403999,
        "volume": 70
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      {
        "date": "2025-08-01",
        "close": 24.403999,
        "volume": 0
      },
      {
        "date": "2025-08-08",
        "close": 24.9505,
        "volume": 1000
      },
      {
        "date": "2025-08-15",
        "close": 22.949499,
        "volume": 2114
      },
      {
        "date": "2025-08-22",
        "close": 22.949499,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 22.949499,
        "volume": 0
      },
      {
        "date": "2025-09-05",
        "close": 22.949499,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 20.623501,
        "volume": 50
      },
      {
        "date": "2025-09-19",
        "close": 19.6325,
        "volume": 20
      },
      {
        "date": "2025-09-26",
        "close": 19.8953,
        "volume": 500
      },
      {
        "date": "2025-10-03",
        "close": 19.663,
        "volume": 500
      },
      {
        "date": "2025-10-10",
        "close": 18.7945,
        "volume": 4040
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      {
        "date": "2025-10-17",
        "close": 14.584,
        "volume": 3940
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        "date": "2025-10-24",
        "close": 16.187,
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      {
        "date": "2025-10-31",
        "close": 15.402,
        "volume": 535
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      {
        "date": "2025-11-07",
        "close": 14.2265,
        "volume": 1254
      },
      {
        "date": "2025-11-14",
        "close": 15.929,
        "volume": 814
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      {
        "date": "2025-11-21",
        "close": 12.7932,
        "volume": 886
      },
      {
        "date": "2025-11-28",
        "close": 14.0585,
        "volume": 1476
      },
      {
        "date": "2025-12-05",
        "close": 13.181,
        "volume": 953
      },
      {
        "date": "2025-12-12",
        "close": 12.5185,
        "volume": 475
      },
      {
        "date": "2025-12-19",
        "close": 12.58,
        "volume": 330
      },
      {
        "date": "2025-12-26",
        "close": 12.4825,
        "volume": 193
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      {
        "date": "2026-01-02",
        "close": 12.4825,
        "volume": 0
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      {
        "date": "2026-01-09",
        "close": 12.715,
        "volume": 2345
      },
      {
        "date": "2026-01-16",
        "close": 12.1766,
        "volume": 1311
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      {
        "date": "2026-01-23",
        "close": 10.3608,
        "volume": 6583
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      {
        "date": "2026-01-30",
        "close": 9.3305,
        "volume": 3626
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        "date": "2026-02-06",
        "close": 9.809,
        "volume": 5100
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        "date": "2026-02-13",
        "close": 9.809,
        "volume": 0
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      {
        "date": "2026-02-20",
        "close": 9.809,
        "volume": 0
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      {
        "date": "2026-02-27",
        "close": 9.809,
        "volume": 0
      },
      {
        "date": "2026-03-06",
        "close": 9.809,
        "volume": 0
      },
      {
        "date": "2026-03-13",
        "close": 8.5955,
        "volume": 782
      },
      {
        "date": "2026-03-20",
        "close": 8.5955,
        "volume": 0
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      {
        "date": "2026-03-27",
        "close": 8.5955,
        "volume": 0
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      {
        "date": "2026-04-03",
        "close": 8.5955,
        "volume": 0
      },
      {
        "date": "2026-04-10",
        "close": 8.5955,
        "volume": 0
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      {
        "date": "2026-04-17",
        "close": 8.5955,
        "volume": 0
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      {
        "date": "2026-04-24",
        "close": 7.6775,
        "volume": 150
      },
      {
        "date": "2026-05-01",
        "close": 7.6175,
        "volume": 192
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      {
        "date": "2026-05-08",
        "close": 7.5515,
        "volume": 606
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      {
        "date": "2026-05-15",
        "close": 8.9055,
        "volume": 738
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      {
        "date": "2026-05-22",
        "close": 8.9055,
        "volume": 0
      },
      {
        "date": "2026-05-29",
        "close": 8.1,
        "volume": 100
      },
      {
        "date": "2026-06-05",
        "close": 8.229,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 7.8405,
        "volume": 200
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      {
        "date": "2026-06-19",
        "close": 8.05,
        "volume": 0
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      {
        "date": "2026-06-26",
        "close": 7.4425,
        "volume": 672
      },
      {
        "date": "2026-07-03",
        "close": 7.4485,
        "volume": 1029
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      {
        "date": "2026-07-10",
        "close": 7.197,
        "volume": 1808
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      {
        "date": "2026-07-17",
        "close": 7.234,
        "volume": 121
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      {
        "date": "2026-07-24",
        "close": 7.234,
        "volume": 0
      },
      {
        "date": "2026-07-31",
        "close": 7.234,
        "volume": 0
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      {
        "date": "2026-08-07",
        "close": 6.9206,
        "volume": 1733
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    ],
    "sharemaestro_context": {
      "trend": 8.535783,
      "fair_value": 12.971719,
      "market_activity": -47.415833,
      "market_dynamics": 0.52724,
      "relative_strength": -46.650287
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.038405,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.0,
        "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": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.038405
      }
    ]
  }
}