{
  "ticker": {
    "uuid": "e41517d7-d1be-489e-8884-b11f1b4aeeb7",
    "symbol": "FSPU",
    "name": "Franklin S&P 500 Screened UCITS ETF (Accumulation Shares)",
    "exchange": "GER",
    "country": "DE",
    "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": 31.889999,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 25.65,
    "boundary_margin": 0.243275,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "Low",
    "annualized_volatility": 0.109597,
    "volatility_stability": 0.8444,
    "risk_context": 0.9124,
    "current_regime": {
      "move": 0.11601,
      "interruption": -0.011433,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 96.538,
    "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 24.3% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-04-17",
        "close": 28.575001,
        "direction_boundary": 21.705,
        "core_momentum": 0.316517,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.126537
      },
      {
        "date": "2026-04-24",
        "close": 28.875,
        "direction_boundary": 22.485001,
        "core_momentum": 0.284189,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.124477
      },
      {
        "date": "2026-05-01",
        "close": 28.969999,
        "direction_boundary": 23.33,
        "core_momentum": 0.241749,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.119663
      },
      {
        "date": "2026-05-08",
        "close": 29.645,
        "direction_boundary": 23.495001,
        "core_momentum": 0.261758,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.112805
      },
      {
        "date": "2026-05-15",
        "close": 30.205,
        "direction_boundary": 24.905001,
        "core_momentum": 0.212809,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114035
      },
      {
        "date": "2026-05-22",
        "close": 30.475,
        "direction_boundary": 23.940001,
        "core_momentum": 0.272974,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.111625
      },
      {
        "date": "2026-05-29",
        "close": 30.549999,
        "direction_boundary": 24.305,
        "core_momentum": 0.256943,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.10724
      },
      {
        "date": "2026-06-05",
        "close": 30.615,
        "direction_boundary": 24.66,
        "core_momentum": 0.241484,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.10726
      },
      {
        "date": "2026-06-12",
        "close": 30.334999,
        "direction_boundary": 24.34,
        "core_momentum": 0.246302,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.105532
      },
      {
        "date": "2026-06-19",
        "close": 30.695,
        "direction_boundary": 24.23,
        "core_momentum": 0.266818,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.106109
      },
      {
        "date": "2026-06-26",
        "close": 30.530001,
        "direction_boundary": 24.645,
        "core_momentum": 0.238791,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.10691
      },
      {
        "date": "2026-07-03",
        "close": 30.885,
        "direction_boundary": 24.73,
        "core_momentum": 0.248888,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.106953
      },
      {
        "date": "2026-07-10",
        "close": 31.049999,
        "direction_boundary": 25.040001,
        "core_momentum": 0.240016,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.102793
      },
      {
        "date": "2026-07-17",
        "close": 30.965,
        "direction_boundary": 25.27,
        "core_momentum": 0.225366,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.103102
      },
      {
        "date": "2026-07-24",
        "close": 30.975,
        "direction_boundary": 25.475,
        "core_momentum": 0.215898,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.098295
      },
      {
        "date": "2026-07-31",
        "close": 30.695,
        "direction_boundary": 25.295,
        "core_momentum": 0.213481,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.098918
      },
      {
        "date": "2026-08-07",
        "close": 31.889999,
        "direction_boundary": 25.65,
        "core_momentum": 0.243275,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.109597
      }
    ],
    "price_history": [
      {
        "date": "2025-04-18",
        "close": 21.705,
        "volume": 0
      },
      {
        "date": "2025-04-25",
        "close": 22.485001,
        "volume": 0
      },
      {
        "date": "2025-05-02",
        "close": 23.33,
        "volume": 0
      },
      {
        "date": "2025-05-09",
        "close": 23.495001,
        "volume": 0
      },
      {
        "date": "2025-05-16",
        "close": 24.905001,
        "volume": 0
      },
      {
        "date": "2025-05-23",
        "close": 23.940001,
        "volume": 0
      },
      {
        "date": "2025-05-30",
        "close": 24.305,
        "volume": 0
      },
      {
        "date": "2025-06-06",
        "close": 24.66,
        "volume": 0
      },
      {
        "date": "2025-06-13",
        "close": 24.34,
        "volume": 0
      },
      {
        "date": "2025-06-20",
        "close": 24.23,
        "volume": 0
      },
      {
        "date": "2025-06-27",
        "close": 24.645,
        "volume": 0
      },
      {
        "date": "2025-07-04",
        "close": 24.73,
        "volume": 0
      },
      {
        "date": "2025-07-11",
        "close": 25.040001,
        "volume": 0
      },
      {
        "date": "2025-07-18",
        "close": 25.27,
        "volume": 10
      },
      {
        "date": "2025-07-25",
        "close": 25.475,
        "volume": 155
      },
      {
        "date": "2025-08-01",
        "close": 25.295,
        "volume": 0
      },
      {
        "date": "2025-08-08",
        "close": 25.65,
        "volume": 0
      },
      {
        "date": "2025-08-15",
        "close": 25.85,
        "volume": 202
      },
      {
        "date": "2025-08-22",
        "close": 25.965,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 25.905001,
        "volume": 39
      },
      {
        "date": "2025-09-05",
        "close": 25.809999,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 26.360001,
        "volume": 24
      },
      {
        "date": "2025-09-19",
        "close": 26.5,
        "volume": 103
      },
      {
        "date": "2025-09-26",
        "close": 26.594999,
        "volume": 273
      },
      {
        "date": "2025-10-03",
        "close": 26.985001,
        "volume": 102
      },
      {
        "date": "2025-10-10",
        "close": 26.815001,
        "volume": 829
      },
      {
        "date": "2025-10-17",
        "close": 26.695,
        "volume": 520
      },
      {
        "date": "2025-10-24",
        "close": 27.245001,
        "volume": 1083
      },
      {
        "date": "2025-10-31",
        "close": 27.965,
        "volume": 168
      },
      {
        "date": "2025-11-07",
        "close": 27.07,
        "volume": 281
      },
      {
        "date": "2025-11-14",
        "close": 27.424999,
        "volume": 125
      },
      {
        "date": "2025-11-21",
        "close": 27.07,
        "volume": 66
      },
      {
        "date": "2025-11-28",
        "close": 27.785,
        "volume": 0
      },
      {
        "date": "2025-12-05",
        "close": 27.875,
        "volume": 637
      },
      {
        "date": "2025-12-12",
        "close": 27.459999,
        "volume": 0
      },
      {
        "date": "2025-12-19",
        "close": 27.58,
        "volume": 181
      },
      {
        "date": "2025-12-26",
        "close": 27.719999,
        "volume": 0
      },
      {
        "date": "2026-01-02",
        "close": 27.629999,
        "volume": 44
      },
      {
        "date": "2026-01-09",
        "close": 28.325001,
        "volume": 16
      },
      {
        "date": "2026-01-16",
        "close": 28.35,
        "volume": 1082
      },
      {
        "date": "2026-01-23",
        "close": 27.83,
        "volume": 28
      },
      {
        "date": "2026-01-30",
        "close": 27.65,
        "volume": 239
      },
      {
        "date": "2026-02-06",
        "close": 27.705,
        "volume": 692
      },
      {
        "date": "2026-02-13",
        "close": 27.434999,
        "volume": 23
      },
      {
        "date": "2026-02-20",
        "close": 27.805,
        "volume": 31
      },
      {
        "date": "2026-02-27",
        "close": 27.615,
        "volume": 29
      },
      {
        "date": "2026-03-06",
        "close": 27.934999,
        "volume": 90
      },
      {
        "date": "2026-03-13",
        "close": 27.549999,
        "volume": 253
      },
      {
        "date": "2026-03-20",
        "close": 26.879999,
        "volume": 0
      },
      {
        "date": "2026-03-27",
        "close": 26.43,
        "volume": 30
      },
      {
        "date": "2026-04-03",
        "close": 27.01,
        "volume": 90
      },
      {
        "date": "2026-04-10",
        "close": 27.57,
        "volume": 24
      },
      {
        "date": "2026-04-17",
        "close": 28.575001,
        "volume": 57
      },
      {
        "date": "2026-04-24",
        "close": 28.875,
        "volume": 4
      },
      {
        "date": "2026-05-01",
        "close": 28.969999,
        "volume": 1
      },
      {
        "date": "2026-05-08",
        "close": 29.645,
        "volume": 3
      },
      {
        "date": "2026-05-15",
        "close": 30.205,
        "volume": 400
      },
      {
        "date": "2026-05-22",
        "close": 30.475,
        "volume": 548
      },
      {
        "date": "2026-05-29",
        "close": 30.549999,
        "volume": 67
      },
      {
        "date": "2026-06-05",
        "close": 30.615,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 30.334999,
        "volume": 0
      },
      {
        "date": "2026-06-19",
        "close": 30.695,
        "volume": 0
      },
      {
        "date": "2026-06-26",
        "close": 30.530001,
        "volume": 35
      },
      {
        "date": "2026-07-03",
        "close": 30.885,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 31.049999,
        "volume": 39
      },
      {
        "date": "2026-07-17",
        "close": 30.965,
        "volume": 106
      },
      {
        "date": "2026-07-24",
        "close": 30.975,
        "volume": 25
      },
      {
        "date": "2026-07-31",
        "close": 30.695,
        "volume": 1
      },
      {
        "date": "2026-08-07",
        "close": 31.889999,
        "volume": 34
      }
    ],
    "sharemaestro_context": {
      "trend": 29.123166,
      "fair_value": 27.272826,
      "market_activity": 62.979167,
      "market_dynamics": 0.700121,
      "relative_strength": 4.467499
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": 0.025312,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.010736,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.08364,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.009411,
        "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": "2026-04-17",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.11601
      }
    ]
  }
}