{
  "ticker": {
    "uuid": "ec8c0047-07e7-44b5-a5da-471abcdd2492",
    "symbol": "DEFS",
    "name": "Amundi Stoxx Europe Defense UCITS ETFAcc",
    "exchange": "LSE",
    "country": "GB",
    "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": 7.448,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 6.46,
    "boundary_margin": 0.152941,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.393874,
    "volatility_stability": 1.0426,
    "risk_context": 0.2539,
    "current_regime": {
      "move": 0.108911,
      "interruption": 0.0,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 72.803,
    "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 15.3% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-24",
        "close": 6.7165,
        "direction_boundary": 6.5765,
        "core_momentum": 0.021288,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.383039
      },
      {
        "date": "2026-07-31",
        "close": 7.0275,
        "direction_boundary": 6.428,
        "core_momentum": 0.093264,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.388232
      },
      {
        "date": "2026-08-07",
        "close": 7.448,
        "direction_boundary": 6.46,
        "core_momentum": 0.152941,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.393874
      }
    ],
    "price_history": [
      {
        "date": "2025-07-25",
        "close": 6.5765,
        "volume": 39105
      },
      {
        "date": "2025-08-01",
        "close": 6.428,
        "volume": 22657
      },
      {
        "date": "2025-08-08",
        "close": 6.46,
        "volume": 37126
      },
      {
        "date": "2025-08-15",
        "close": 6.6,
        "volume": 31757
      },
      {
        "date": "2025-08-22",
        "close": 6.5415,
        "volume": 18562
      },
      {
        "date": "2025-08-29",
        "close": 6.5765,
        "volume": 66185
      },
      {
        "date": "2025-09-05",
        "close": 6.578,
        "volume": 31337
      },
      {
        "date": "2025-09-12",
        "close": 6.985,
        "volume": 20005
      },
      {
        "date": "2025-09-19",
        "close": 6.979,
        "volume": 35923
      },
      {
        "date": "2025-09-26",
        "close": 7.2315,
        "volume": 28671
      },
      {
        "date": "2025-10-03",
        "close": 7.472,
        "volume": 15431
      },
      {
        "date": "2025-10-10",
        "close": 7.1,
        "volume": 84911
      },
      {
        "date": "2025-10-17",
        "close": 6.664,
        "volume": 18372
      },
      {
        "date": "2025-10-24",
        "close": 5.9767,
        "volume": 16479
      },
      {
        "date": "2025-10-31",
        "close": 6.8545,
        "volume": 10458
      },
      {
        "date": "2025-11-07",
        "close": 6.74,
        "volume": 22800
      },
      {
        "date": "2025-11-14",
        "close": 6.7265,
        "volume": 6802
      },
      {
        "date": "2025-11-21",
        "close": 6.229,
        "volume": 35453
      },
      {
        "date": "2025-11-28",
        "close": 6.27,
        "volume": 32325
      },
      {
        "date": "2025-12-05",
        "close": 6.349,
        "volume": 30825
      },
      {
        "date": "2025-12-12",
        "close": 6.5215,
        "volume": 5433
      },
      {
        "date": "2025-12-19",
        "close": 6.6245,
        "volume": 13953
      },
      {
        "date": "2025-12-26",
        "close": 6.64,
        "volume": 0
      },
      {
        "date": "2026-01-02",
        "close": 6.836,
        "volume": 0
      },
      {
        "date": "2026-01-09",
        "close": 7.592,
        "volume": 61630
      },
      {
        "date": "2026-01-16",
        "close": 7.626,
        "volume": 34834
      },
      {
        "date": "2026-01-23",
        "close": 7.5765,
        "volume": 185114
      },
      {
        "date": "2026-01-30",
        "close": 7.4095,
        "volume": 37754
      },
      {
        "date": "2026-02-06",
        "close": 7.1555,
        "volume": 67465
      },
      {
        "date": "2026-02-13",
        "close": 7.339,
        "volume": 59633
      },
      {
        "date": "2026-02-20",
        "close": 7.696,
        "volume": 20834
      },
      {
        "date": "2026-02-27",
        "close": 7.4675,
        "volume": 110701
      },
      {
        "date": "2026-03-06",
        "close": 7.017,
        "volume": 360794
      },
      {
        "date": "2026-03-13",
        "close": 7.146,
        "volume": 312670
      },
      {
        "date": "2026-03-20",
        "close": 6.8235,
        "volume": 186530
      },
      {
        "date": "2026-03-27",
        "close": 6.43,
        "volume": 284146
      },
      {
        "date": "2026-04-03",
        "close": 7.0325,
        "volume": 269744
      },
      {
        "date": "2026-04-10",
        "close": 7.0435,
        "volume": 232421
      },
      {
        "date": "2026-04-17",
        "close": 7.2775,
        "volume": 205570
      },
      {
        "date": "2026-04-24",
        "close": 6.4755,
        "volume": 432734
      },
      {
        "date": "2026-05-01",
        "close": 6.6465,
        "volume": 218873
      },
      {
        "date": "2026-05-08",
        "close": 6.4955,
        "volume": 761319
      },
      {
        "date": "2026-05-15",
        "close": 6.016,
        "volume": 557325
      },
      {
        "date": "2026-05-22",
        "close": 6.495,
        "volume": 568844
      },
      {
        "date": "2026-05-29",
        "close": 6.8745,
        "volume": 85233
      },
      {
        "date": "2026-06-05",
        "close": 6.476,
        "volume": 434050
      },
      {
        "date": "2026-06-12",
        "close": 6.5425,
        "volume": 119903
      },
      {
        "date": "2026-06-19",
        "close": 6.5995,
        "volume": 25443
      },
      {
        "date": "2026-06-26",
        "close": 6.275,
        "volume": 44169
      },
      {
        "date": "2026-07-03",
        "close": 6.9235,
        "volume": 46663
      },
      {
        "date": "2026-07-10",
        "close": 6.5675,
        "volume": 311514
      },
      {
        "date": "2026-07-17",
        "close": 6.525,
        "volume": 341805
      },
      {
        "date": "2026-07-24",
        "close": 6.7165,
        "volume": 176677
      },
      {
        "date": "2026-07-31",
        "close": 7.0275,
        "volume": 598917
      },
      {
        "date": "2026-08-07",
        "close": 7.448,
        "volume": 335556
      }
    ],
    "sharemaestro_context": {
      "trend": 6.9048,
      "fair_value": 6.812649,
      "market_activity": 9.076024,
      "market_dynamics": 0.482813,
      "relative_strength": 0.461336
    },
    "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": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.108911
      }
    ]
  }
}