{
  "ticker": {
    "uuid": "ebaf6259-7d1d-4e3f-bc64-61899baad8dc",
    "symbol": "JHED",
    "name": "Janus Henderson EUR Short Duration Income Active Core UCITS ETF - EUR Distributing",
    "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": 9.9626,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 9.827863,
    "boundary_margin": 0.01371,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.013954,
    "volatility_stability": 0.3358,
    "risk_context": 1.5,
    "current_regime": {
      "move": 0.00187,
      "interruption": 0.0,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 91.012,
    "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 remains in its early lifecycle.",
      "boundary_context": "The latest close is 1.4% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-17",
        "close": 9.944,
        "direction_boundary": 9.823949,
        "core_momentum": 0.01222,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.013919
      },
      {
        "date": "2026-07-24",
        "close": 9.95,
        "direction_boundary": 9.827863,
        "core_momentum": 0.012428,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.01394
      },
      {
        "date": "2026-07-31",
        "close": 9.9516,
        "direction_boundary": 9.839602,
        "core_momentum": 0.011382,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.013899
      },
      {
        "date": "2026-08-07",
        "close": 9.9626,
        "direction_boundary": 9.827863,
        "core_momentum": 0.01371,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.013954
      }
    ],
    "price_history": [
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        "date": "2025-07-18",
        "close": 9.823949,
        "volume": 0
      },
      {
        "date": "2025-07-25",
        "close": 9.827863,
        "volume": 0
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      {
        "date": "2025-08-01",
        "close": 9.839602,
        "volume": 0
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      {
        "date": "2025-08-08",
        "close": 9.827863,
        "volume": 0
      },
      {
        "date": "2025-08-15",
        "close": 9.833733,
        "volume": 0
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      {
        "date": "2025-08-22",
        "close": 9.840581,
        "volume": 0
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        "date": "2025-08-29",
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        "volume": 0
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      {
        "date": "2025-09-05",
        "close": 9.852321,
        "volume": 0
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      {
        "date": "2025-09-12",
        "close": 9.854277,
        "volume": 0
      },
      {
        "date": "2025-09-19",
        "close": 9.861125,
        "volume": 0
      },
      {
        "date": "2025-09-26",
        "close": 9.867972,
        "volume": 0
      },
      {
        "date": "2025-10-03",
        "close": 9.870908,
        "volume": 0
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      {
        "date": "2025-10-10",
        "close": 9.875799,
        "volume": 0
      },
      {
        "date": "2025-10-17",
        "close": 9.880691,
        "volume": 50
      },
      {
        "date": "2025-10-24",
        "close": 9.883038,
        "volume": 25
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        "date": "2025-10-31",
        "close": 9.887539,
        "volume": 0
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      {
        "date": "2025-11-07",
        "close": 9.890472,
        "volume": 0
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      {
        "date": "2025-11-14",
        "close": 9.894386,
        "volume": 35
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      {
        "date": "2025-11-21",
        "close": 9.899278,
        "volume": 5
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      {
        "date": "2025-11-28",
        "close": 9.908082,
        "volume": 182
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      {
        "date": "2025-12-05",
        "close": 9.90906,
        "volume": 25
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      {
        "date": "2025-12-12",
        "close": 9.911142,
        "volume": 78
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      {
        "date": "2025-12-19",
        "close": 9.915108,
        "volume": 29
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        "date": "2025-12-26",
        "close": 9.919072,
        "volume": 1
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        "date": "2026-01-02",
        "close": 9.923038,
        "volume": 150
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        "date": "2026-01-09",
        "close": 9.93196,
        "volume": 0
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        "date": "2026-01-16",
        "close": 9.934935,
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        "date": "2026-01-23",
        "close": 9.936916,
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        "date": "2026-01-30",
        "close": 9.944846,
        "volume": 0
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        "date": "2026-02-06",
        "close": 9.95129,
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        "date": "2026-02-13",
        "close": 9.956742,
        "volume": 0
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        "date": "2026-02-20",
        "close": 9.959717,
        "volume": 75
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        "date": "2026-02-27",
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        "date": "2026-03-06",
        "close": 9.948812,
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        "date": "2026-03-13",
        "close": 9.949803,
        "volume": 78
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      {
        "date": "2026-03-20",
        "close": 9.937907,
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      {
        "date": "2026-03-27",
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        "volume": 26353
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      {
        "date": "2026-04-03",
        "close": 9.951,
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      },
      {
        "date": "2026-04-10",
        "close": 9.963,
        "volume": 52
      },
      {
        "date": "2026-04-17",
        "close": 9.9766,
        "volume": 0
      },
      {
        "date": "2026-04-24",
        "close": 9.887073,
        "volume": 0
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      {
        "date": "2026-05-01",
        "close": 9.890443,
        "volume": 26
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      {
        "date": "2026-05-08",
        "close": 9.894408,
        "volume": 0
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      {
        "date": "2026-05-15",
        "close": 9.894012,
        "volume": 0
      },
      {
        "date": "2026-05-22",
        "close": 9.907297,
        "volume": 26
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      {
        "date": "2026-05-29",
        "close": 9.912254,
        "volume": 0
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      {
        "date": "2026-06-05",
        "close": 9.915229,
        "volume": 0
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      {
        "date": "2026-06-12",
        "close": 9.922169,
        "volume": 0
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      {
        "date": "2026-06-19",
        "close": 9.921177,
        "volume": 0
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      {
        "date": "2026-06-26",
        "close": 9.934,
        "volume": 26
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      {
        "date": "2026-07-03",
        "close": 9.94,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 9.9396,
        "volume": 26
      },
      {
        "date": "2026-07-17",
        "close": 9.944,
        "volume": 6
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      {
        "date": "2026-07-24",
        "close": 9.95,
        "volume": 133
      },
      {
        "date": "2026-07-31",
        "close": 9.9516,
        "volume": 130
      },
      {
        "date": "2026-08-07",
        "close": 9.9626,
        "volume": 60
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    ],
    "sharemaestro_context": {
      "trend": 9.936037,
      "fair_value": 9.908098,
      "market_activity": 49.540181,
      "market_dynamics": 0.544884,
      "relative_strength": -7.155311
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "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": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.00187
      }
    ]
  }
}