{
  "ticker": {
    "uuid": "eea8a923-71da-4b48-b110-cfb2127ae111",
    "symbol": "JMID",
    "name": "JANUS HENDERSON MID CAP GROWTH ALPHA ETF",
    "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": 32.3773,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 28.955011,
    "boundary_margin": 0.118193,
    "trend_agreement": "Fully aligned",
    "persistence": "Established",
    "direction_turnover": "High",
    "annualized_volatility": 0.165723,
    "volatility_stability": 1.0645,
    "risk_context": 0.6034,
    "current_regime": {
      "move": 0.103286,
      "interruption": -0.086073,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 81.396,
    "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 11.8% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is high."
    },
    "chart_path": [
      {
        "date": "2025-09-19",
        "close": 30.272668,
        "direction_boundary": 25.094361,
        "core_momentum": 0.206353,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.235653
      },
      {
        "date": "2025-09-26",
        "close": 30.008898,
        "direction_boundary": 25.264891,
        "core_momentum": 0.187771,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.233243
      },
      {
        "date": "2025-10-03",
        "close": 29.902972,
        "direction_boundary": 25.456119,
        "core_momentum": 0.174687,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.164653
      },
      {
        "date": "2025-10-10",
        "close": 29.013468,
        "direction_boundary": 25.992962,
        "core_momentum": 0.116205,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.164008
      },
      {
        "date": "2025-10-17",
        "close": 29.534139,
        "direction_boundary": 26.333329,
        "core_momentum": 0.12155,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.164575
      },
      {
        "date": "2025-10-24",
        "close": 30.325805,
        "direction_boundary": 25.821639,
        "core_momentum": 0.174434,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.152056
      },
      {
        "date": "2025-10-31",
        "close": 29.583057,
        "direction_boundary": 25.796981,
        "core_momentum": 0.146764,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.153158
      },
      {
        "date": "2025-11-07",
        "close": 29.364069,
        "direction_boundary": 28.459904,
        "core_momentum": 0.03177,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.153681
      },
      {
        "date": "2025-11-14",
        "close": 28.872989,
        "direction_boundary": 28.025557,
        "core_momentum": 0.030238,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.128558
      },
      {
        "date": "2025-11-21",
        "close": 28.316651,
        "direction_boundary": 29.184211,
        "core_momentum": -0.029727,
        "direction": "negative",
        "trend_agreement": 0.5,
        "volatility": 0.12003
      },
      {
        "date": "2025-11-28",
        "close": 29.484224,
        "direction_boundary": 29.332756,
        "core_momentum": 0.005164,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.129629
      },
      {
        "date": "2025-12-05",
        "close": 29.505644,
        "direction_boundary": 29.98903,
        "core_momentum": -0.016119,
        "direction": "negative",
        "trend_agreement": 0.5,
        "volatility": 0.12912
      },
      {
        "date": "2025-12-12",
        "close": 29.346235,
        "direction_boundary": 28.850875,
        "core_momentum": 0.01717,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.125058
      },
      {
        "date": "2025-12-19",
        "close": 29.445135,
        "direction_boundary": 28.200861,
        "core_momentum": 0.044122,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.124395
      },
      {
        "date": "2025-12-26",
        "close": 29.668292,
        "direction_boundary": 27.974055,
        "core_momentum": 0.060565,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.120666
      },
      {
        "date": "2026-01-02",
        "close": 29.230468,
        "direction_boundary": 28.095784,
        "core_momentum": 0.040386,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.120374
      },
      {
        "date": "2026-01-09",
        "close": 29.963372,
        "direction_boundary": 27.476331,
        "core_momentum": 0.090516,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.123507
      },
      {
        "date": "2026-01-16",
        "close": 30.23218,
        "direction_boundary": 28.768867,
        "core_momentum": 0.050864,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.120816
      },
      {
        "date": "2026-01-23",
        "close": 30.003029,
        "direction_boundary": 29.489828,
        "core_momentum": 0.017403,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.119231
      },
      {
        "date": "2026-01-30",
        "close": 29.303388,
        "direction_boundary": 29.034729,
        "core_momentum": 0.009253,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.118742
      },
      {
        "date": "2026-02-06",
        "close": 29.689969,
        "direction_boundary": 29.401406,
        "core_momentum": 0.009815,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.119946
      },
      {
        "date": "2026-02-13",
        "close": 29.469308,
        "direction_boundary": 29.361853,
        "core_momentum": 0.00366,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.12001
      },
      {
        "date": "2026-02-20",
        "close": 29.835211,
        "direction_boundary": 27.805536,
        "core_momentum": 0.072995,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.119451
      },
      {
        "date": "2026-02-27",
        "close": 30.037791,
        "direction_boundary": 27.210765,
        "core_momentum": 0.103894,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.119738
      },
      {
        "date": "2026-03-06",
        "close": 28.835297,
        "direction_boundary": 26.139187,
        "core_momentum": 0.103144,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.132642
      },
      {
        "date": "2026-03-13",
        "close": 28.140551,
        "direction_boundary": 25.545407,
        "core_momentum": 0.101589,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.135523
      },
      {
        "date": "2026-03-20",
        "close": 27.909002,
        "direction_boundary": 25.933099,
        "core_momentum": 0.076192,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.135005
      },
      {
        "date": "2026-03-27",
        "close": 27.630005,
        "direction_boundary": 25.371932,
        "core_momentum": 0.088999,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.135125
      },
      {
        "date": "2026-04-03",
        "close": 28.5745,
        "direction_boundary": 22.752936,
        "core_momentum": 0.25586,
        "direction": "positive",
        "trend_agreement": 0.25,
        "volatility": 0.144427
      },
      {
        "date": "2026-04-10",
        "close": 29.5843,
        "direction_boundary": 23.907162,
        "core_momentum": 0.237466,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.146892
      },
      {
        "date": "2026-04-17",
        "close": 31.0415,
        "direction_boundary": 24.021164,
        "core_momentum": 0.292256,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.159395
      },
      {
        "date": "2026-04-24",
        "close": 30.524,
        "direction_boundary": 25.400019,
        "core_momentum": 0.201731,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.157353
      },
      {
        "date": "2026-05-01",
        "close": 30.411771,
        "direction_boundary": 26.260102,
        "core_momentum": 0.158098,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.153303
      },
      {
        "date": "2026-05-08",
        "close": 30.923719,
        "direction_boundary": 26.568048,
        "core_momentum": 0.163944,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.154277
      },
      {
        "date": "2026-05-15",
        "close": 30.402083,
        "direction_boundary": 28.347302,
        "core_momentum": 0.072486,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.154314
      },
      {
        "date": "2026-05-22",
        "close": 31.084813,
        "direction_boundary": 27.305986,
        "core_momentum": 0.138388,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.15355
      },
      {
        "date": "2026-05-29",
        "close": 31.732888,
        "direction_boundary": 27.826346,
        "core_momentum": 0.14039,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.146348
      },
      {
        "date": "2026-06-05",
        "close": 31.270677,
        "direction_boundary": 28.113338,
        "core_momentum": 0.112308,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.148334
      },
      {
        "date": "2026-06-12",
        "close": 31.267481,
        "direction_boundary": 27.507576,
        "core_momentum": 0.136686,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.147969
      },
      {
        "date": "2026-06-19",
        "close": 31.206858,
        "direction_boundary": 27.825353,
        "core_momentum": 0.121526,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.148085
      },
      {
        "date": "2026-06-26",
        "close": 30.887764,
        "direction_boundary": 28.500629,
        "core_momentum": 0.083757,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.148867
      },
      {
        "date": "2026-07-03",
        "close": 31.1606,
        "direction_boundary": 29.011846,
        "core_momentum": 0.074065,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.147256
      },
      {
        "date": "2026-07-10",
        "close": 31.2834,
        "direction_boundary": 28.651427,
        "core_momentum": 0.091862,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.143737
      },
      {
        "date": "2026-07-17",
        "close": 30.4412,
        "direction_boundary": 29.26208,
        "core_momentum": 0.040295,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.14876
      },
      {
        "date": "2026-07-24",
        "close": 30.1552,
        "direction_boundary": 29.761551,
        "core_momentum": 0.013227,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.148976
      },
      {
        "date": "2026-07-31",
        "close": 30.5145,
        "direction_boundary": 29.033048,
        "core_momentum": 0.051026,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.145728
      },
      {
        "date": "2026-08-07",
        "close": 32.3773,
        "direction_boundary": 28.955011,
        "core_momentum": 0.118193,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.165723
      }
    ],
    "price_history": [
      {
        "date": "2024-09-20",
        "close": 25.094361,
        "volume": 8774
      },
      {
        "date": "2024-09-27",
        "close": 25.264891,
        "volume": 5763
      },
      {
        "date": "2024-10-04",
        "close": 25.456119,
        "volume": 1312
      },
      {
        "date": "2024-10-11",
        "close": 25.992962,
        "volume": 8521
      },
      {
        "date": "2024-10-18",
        "close": 26.333329,
        "volume": 3617
      },
      {
        "date": "2024-10-25",
        "close": 25.821639,
        "volume": 1350
      },
      {
        "date": "2024-11-01",
        "close": 25.796981,
        "volume": 606
      },
      {
        "date": "2024-11-08",
        "close": 28.459904,
        "volume": 87478
      },
      {
        "date": "2024-11-15",
        "close": 28.025557,
        "volume": 85293
      },
      {
        "date": "2024-11-22",
        "close": 29.184211,
        "volume": 25085
      },
      {
        "date": "2024-11-29",
        "close": 29.332756,
        "volume": 11629
      },
      {
        "date": "2024-12-06",
        "close": 29.98903,
        "volume": 7141
      },
      {
        "date": "2024-12-13",
        "close": 28.850875,
        "volume": 88297
      },
      {
        "date": "2024-12-20",
        "close": 28.200861,
        "volume": 61820
      },
      {
        "date": "2024-12-27",
        "close": 27.974055,
        "volume": 1749
      },
      {
        "date": "2025-01-03",
        "close": 28.095784,
        "volume": 10489
      },
      {
        "date": "2025-01-10",
        "close": 27.476331,
        "volume": 79391
      },
      {
        "date": "2025-01-17",
        "close": 28.768867,
        "volume": 152787
      },
      {
        "date": "2025-01-24",
        "close": 29.489828,
        "volume": 15342
      },
      {
        "date": "2025-01-31",
        "close": 29.034729,
        "volume": 29304
      },
      {
        "date": "2025-02-07",
        "close": 29.401406,
        "volume": 49885
      },
      {
        "date": "2025-02-14",
        "close": 29.361853,
        "volume": 8340
      },
      {
        "date": "2025-02-21",
        "close": 27.805536,
        "volume": 15534
      },
      {
        "date": "2025-02-28",
        "close": 27.210765,
        "volume": 17504
      },
      {
        "date": "2025-03-07",
        "close": 26.139187,
        "volume": 39419
      },
      {
        "date": "2025-03-14",
        "close": 25.545407,
        "volume": 42179
      },
      {
        "date": "2025-03-21",
        "close": 25.933099,
        "volume": 2441
      },
      {
        "date": "2025-03-28",
        "close": 25.371932,
        "volume": 4595
      },
      {
        "date": "2025-04-04",
        "close": 22.752936,
        "volume": 6122
      },
      {
        "date": "2025-04-11",
        "close": 23.907162,
        "volume": 14426
      },
      {
        "date": "2025-04-18",
        "close": 24.021164,
        "volume": 4321
      },
      {
        "date": "2025-04-25",
        "close": 25.400019,
        "volume": 45090
      },
      {
        "date": "2025-05-02",
        "close": 26.260102,
        "volume": 13417
      },
      {
        "date": "2025-05-09",
        "close": 26.568048,
        "volume": 43841
      },
      {
        "date": "2025-05-16",
        "close": 28.347302,
        "volume": 68018
      },
      {
        "date": "2025-05-23",
        "close": 27.305986,
        "volume": 25573
      },
      {
        "date": "2025-05-30",
        "close": 27.826346,
        "volume": 7295
      },
      {
        "date": "2025-06-06",
        "close": 28.113338,
        "volume": 3534
      },
      {
        "date": "2025-06-13",
        "close": 27.507576,
        "volume": 10195
      },
      {
        "date": "2025-06-20",
        "close": 27.825353,
        "volume": 40966
      },
      {
        "date": "2025-06-27",
        "close": 28.500629,
        "volume": 6262
      },
      {
        "date": "2025-07-04",
        "close": 29.011846,
        "volume": 19770
      },
      {
        "date": "2025-07-11",
        "close": 28.651427,
        "volume": 176983
      },
      {
        "date": "2025-07-18",
        "close": 29.26208,
        "volume": 28237
      },
      {
        "date": "2025-07-25",
        "close": 29.761551,
        "volume": 20398
      },
      {
        "date": "2025-08-01",
        "close": 29.033048,
        "volume": 90570
      },
      {
        "date": "2025-08-08",
        "close": 28.955011,
        "volume": 13133
      },
      {
        "date": "2025-08-15",
        "close": 29.196187,
        "volume": 13539
      },
      {
        "date": "2025-08-22",
        "close": 29.633249,
        "volume": 8639
      },
      {
        "date": "2025-08-29",
        "close": 29.721438,
        "volume": 4207
      },
      {
        "date": "2025-09-05",
        "close": 29.786137,
        "volume": 22938
      },
      {
        "date": "2025-09-12",
        "close": 30.057173,
        "volume": 17010
      },
      {
        "date": "2025-09-19",
        "close": 30.272668,
        "volume": 12461
      },
      {
        "date": "2025-09-26",
        "close": 30.008898,
        "volume": 8120
      },
      {
        "date": "2025-10-03",
        "close": 29.902972,
        "volume": 10480
      },
      {
        "date": "2025-10-10",
        "close": 29.013468,
        "volume": 8485
      },
      {
        "date": "2025-10-17",
        "close": 29.534139,
        "volume": 108938
      },
      {
        "date": "2025-10-24",
        "close": 30.325805,
        "volume": 25862
      },
      {
        "date": "2025-10-31",
        "close": 29.583057,
        "volume": 12662
      },
      {
        "date": "2025-11-07",
        "close": 29.364069,
        "volume": 121549
      },
      {
        "date": "2025-11-14",
        "close": 28.872989,
        "volume": 99237
      },
      {
        "date": "2025-11-21",
        "close": 28.316651,
        "volume": 22637
      },
      {
        "date": "2025-11-28",
        "close": 29.484224,
        "volume": 5957
      },
      {
        "date": "2025-12-05",
        "close": 29.505644,
        "volume": 25117
      },
      {
        "date": "2025-12-12",
        "close": 29.346235,
        "volume": 6804
      },
      {
        "date": "2025-12-19",
        "close": 29.445135,
        "volume": 5433
      },
      {
        "date": "2025-12-26",
        "close": 29.668292,
        "volume": 7669
      },
      {
        "date": "2026-01-02",
        "close": 29.230468,
        "volume": 7824
      },
      {
        "date": "2026-01-09",
        "close": 29.963372,
        "volume": 13248
      },
      {
        "date": "2026-01-16",
        "close": 30.23218,
        "volume": 177169
      },
      {
        "date": "2026-01-23",
        "close": 30.003029,
        "volume": 34613
      },
      {
        "date": "2026-01-30",
        "close": 29.303388,
        "volume": 22310
      },
      {
        "date": "2026-02-06",
        "close": 29.689969,
        "volume": 129562
      },
      {
        "date": "2026-02-13",
        "close": 29.469308,
        "volume": 32789
      },
      {
        "date": "2026-02-20",
        "close": 29.835211,
        "volume": 8911
      },
      {
        "date": "2026-02-27",
        "close": 30.037791,
        "volume": 8627
      },
      {
        "date": "2026-03-06",
        "close": 28.835297,
        "volume": 13722
      },
      {
        "date": "2026-03-13",
        "close": 28.140551,
        "volume": 20285
      },
      {
        "date": "2026-03-20",
        "close": 27.909002,
        "volume": 10565
      },
      {
        "date": "2026-03-27",
        "close": 27.630005,
        "volume": 36194
      },
      {
        "date": "2026-04-03",
        "close": 28.5745,
        "volume": 9858
      },
      {
        "date": "2026-04-10",
        "close": 29.5843,
        "volume": 12153
      },
      {
        "date": "2026-04-17",
        "close": 31.0415,
        "volume": 1355
      },
      {
        "date": "2026-04-24",
        "close": 30.524,
        "volume": 6415
      },
      {
        "date": "2026-05-01",
        "close": 30.411771,
        "volume": 2126
      },
      {
        "date": "2026-05-08",
        "close": 30.923719,
        "volume": 113689
      },
      {
        "date": "2026-05-15",
        "close": 30.402083,
        "volume": 7297
      },
      {
        "date": "2026-05-22",
        "close": 31.084813,
        "volume": 10914
      },
      {
        "date": "2026-05-29",
        "close": 31.732888,
        "volume": 69993
      },
      {
        "date": "2026-06-05",
        "close": 31.270677,
        "volume": 10323
      },
      {
        "date": "2026-06-12",
        "close": 31.267481,
        "volume": 17443
      },
      {
        "date": "2026-06-19",
        "close": 31.206858,
        "volume": 2064
      },
      {
        "date": "2026-06-26",
        "close": 30.887764,
        "volume": 4039
      },
      {
        "date": "2026-07-03",
        "close": 31.1606,
        "volume": 6129
      },
      {
        "date": "2026-07-10",
        "close": 31.2834,
        "volume": 6643
      },
      {
        "date": "2026-07-17",
        "close": 30.4412,
        "volume": 8185
      },
      {
        "date": "2026-07-24",
        "close": 30.1552,
        "volume": 54950
      },
      {
        "date": "2026-07-31",
        "close": 30.5145,
        "volume": 55476
      },
      {
        "date": "2026-08-07",
        "close": 32.3773,
        "volume": 6885
      }
    ],
    "sharemaestro_context": {
      "trend": 30.197676,
      "fair_value": 28.733189,
      "market_activity": 13.96598,
      "market_dynamics": -0.227568,
      "relative_strength": -5.416256
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": -0.014862,
        "directional_follow_through": 0.375,
        "regime_survival": 1.0,
        "conditional_difference": -0.017356,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.019339,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.039053,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 1,
        "median_return": -0.078079,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.122134,
        "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": "2025-09-19",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": -0.046236
      },
      {
        "direction": "negative",
        "start": "2025-11-21",
        "end": "2025-11-21",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "positive",
        "start": "2025-11-28",
        "end": "2025-11-28",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "negative",
        "start": "2025-12-05",
        "end": "2025-12-05",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "positive",
        "start": "2025-12-12",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.103286
      }
    ]
  }
}