{
  "ticker": {
    "uuid": "f6afb81c-29da-4edb-9824-0263a75bb431",
    "symbol": "XNDX",
    "name": "Xtr.IEXtr.NASDAQ 100 Swap ETF R",
    "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": 38.549999,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 35.229542,
    "boundary_margin": 0.094252,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.186758,
    "volatility_stability": 0.5524,
    "risk_context": 0.5355,
    "current_regime": {
      "move": 0.029372,
      "interruption": -0.023765,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 76.679,
    "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 9.4% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-07-17",
        "close": 37.450001,
        "direction_boundary": 34.413769,
        "core_momentum": 0.088227,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.178144
      },
      {
        "date": "2026-07-24",
        "close": 37.330002,
        "direction_boundary": 34.720947,
        "core_momentum": 0.075144,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.177026
      },
      {
        "date": "2026-07-31",
        "close": 36.560001,
        "direction_boundary": 33.965393,
        "core_momentum": 0.07639,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.179903
      },
      {
        "date": "2026-08-07",
        "close": 38.549999,
        "direction_boundary": 35.229542,
        "core_momentum": 0.094252,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.186758
      }
    ],
    "price_history": [
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        "date": "2025-07-18",
        "close": 34.413769,
        "volume": 0
      },
      {
        "date": "2025-07-25",
        "close": 34.720947,
        "volume": 0
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        "date": "2025-08-01",
        "close": 33.965393,
        "volume": 0
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      {
        "date": "2025-08-08",
        "close": 35.229542,
        "volume": 0
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      {
        "date": "2025-08-15",
        "close": 35.386024,
        "volume": 0
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      {
        "date": "2025-08-22",
        "close": 35.077351,
        "volume": 0
      },
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        "date": "2025-08-29",
        "close": 34.955822,
        "volume": 0
      },
      {
        "date": "2025-09-05",
        "close": 29.998482,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 30.672548,
        "volume": 0
      },
      {
        "date": "2025-09-19",
        "close": 31.141899,
        "volume": 102
      },
      {
        "date": "2025-09-26",
        "close": 31.141899,
        "volume": 19
      },
      {
        "date": "2025-10-03",
        "close": 31.711111,
        "volume": 407
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      {
        "date": "2025-10-10",
        "close": 31.581291,
        "volume": 52
      },
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        "date": "2025-10-17",
        "close": 31.391552,
        "volume": 9
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      {
        "date": "2025-10-24",
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        "date": "2025-10-31",
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        "date": "2025-11-07",
        "close": 31.860905,
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        "date": "2025-11-14",
        "close": 32.32526,
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        "date": "2025-11-21",
        "close": 31.401539,
        "volume": 475
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        "date": "2025-11-28",
        "close": 32.664791,
        "volume": 477
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      {
        "date": "2025-12-05",
        "close": 32.939411,
        "volume": 653
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        "date": "2025-12-12",
        "close": 32.050644,
        "volume": 1737
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      {
        "date": "2025-12-19",
        "close": 32.300297,
        "volume": 565
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      {
        "date": "2025-12-26",
        "close": 32.380184,
        "volume": 9
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      {
        "date": "2026-01-02",
        "close": 32.080601,
        "volume": 7218
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      {
        "date": "2026-01-09",
        "close": 32.999325,
        "volume": 10951
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        "date": "2026-01-16",
        "close": 32.959385,
        "volume": 3632
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        "date": "2026-01-23",
        "close": 32.589893,
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        "date": "2026-01-30",
        "close": 32.350227,
        "volume": 2680
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        "date": "2026-02-06",
        "close": 31.571304,
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        "date": "2026-02-13",
        "close": 31.211802,
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        "date": "2026-02-20",
        "close": 31.725,
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        "date": "2026-02-27",
        "close": 31.575001,
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        "date": "2026-03-06",
        "close": 31.969999,
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        "date": "2026-03-13",
        "close": 31.98,
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        "date": "2026-03-20",
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        "date": "2026-03-27",
        "close": 30.264999,
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        "date": "2026-04-03",
        "close": 31.110001,
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      {
        "date": "2026-04-10",
        "close": 32.130001,
        "volume": 27646
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        "date": "2026-04-17",
        "close": 33.875,
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      {
        "date": "2026-04-24",
        "close": 34.779999,
        "volume": 4670
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        "date": "2026-05-01",
        "close": 34.794998,
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      {
        "date": "2026-05-08",
        "close": 36.985001,
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      {
        "date": "2026-05-15",
        "close": 37.705002,
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      {
        "date": "2026-05-22",
        "close": 38.255001,
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      {
        "date": "2026-05-29",
        "close": 38.919998,
        "volume": 7289
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      {
        "date": "2026-06-05",
        "close": 38.490002,
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      {
        "date": "2026-06-12",
        "close": 38.424999,
        "volume": 2064
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      {
        "date": "2026-06-19",
        "close": 39.669998,
        "volume": 732
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      {
        "date": "2026-06-26",
        "close": 38.514999,
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      {
        "date": "2026-07-03",
        "close": 38.84,
        "volume": 2
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        "date": "2026-07-10",
        "close": 38.990002,
        "volume": 115307
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      {
        "date": "2026-07-17",
        "close": 37.450001,
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        "date": "2026-07-24",
        "close": 37.330002,
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      {
        "date": "2026-07-31",
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        "date": "2026-08-07",
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    ],
    "sharemaestro_context": {
      "trend": 35.02442,
      "fair_value": 34.045105,
      "market_activity": 21.656565,
      "market_dynamics": -0.161073,
      "relative_strength": 4.90659
    },
    "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,
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        "sufficient": false
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        "horizon": "Longer term",
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        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
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      {
        "horizon": "Full cycle",
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        "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": 0.029372
      }
    ]
  }
}