{
  "ticker": {
    "uuid": "f8a3260a-f303-4124-8b30-d7ea90229038",
    "symbol": "AM04",
    "name": "AMUNDI DAX III UCITS ETF",
    "exchange": "VIE",
    "country": "AT",
    "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": 96.5,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 90.75,
    "boundary_margin": 0.063361,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Moderate",
    "annualized_volatility": 0.191771,
    "volatility_stability": 1.0055,
    "risk_context": 0.5215,
    "current_regime": {
      "move": 0.050397,
      "interruption": 0.0,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 66.066,
    "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 6.3% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is moderate."
    },
    "chart_path": [
      {
        "date": "2026-07-03",
        "close": 94.5,
        "direction_boundary": 89.32,
        "core_momentum": 0.057994,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.187426
      },
      {
        "date": "2026-07-10",
        "close": 91.849998,
        "direction_boundary": 91.0,
        "core_momentum": 0.009341,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.187681
      },
      {
        "date": "2026-07-17",
        "close": 90.959999,
        "direction_boundary": 91.220001,
        "core_momentum": -0.00285,
        "direction": "negative",
        "trend_agreement": 0.5,
        "volatility": 0.188103
      },
      {
        "date": "2026-07-24",
        "close": 91.870003,
        "direction_boundary": 90.93,
        "core_momentum": 0.010338,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.187082
      },
      {
        "date": "2026-07-31",
        "close": 93.809998,
        "direction_boundary": 88.190002,
        "core_momentum": 0.063726,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.188251
      },
      {
        "date": "2026-08-07",
        "close": 96.5,
        "direction_boundary": 90.75,
        "core_momentum": 0.063361,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.191771
      }
    ],
    "price_history": [
      {
        "date": "2025-07-04",
        "close": 89.32,
        "volume": 0
      },
      {
        "date": "2025-07-11",
        "close": 91.0,
        "volume": 0
      },
      {
        "date": "2025-07-18",
        "close": 91.220001,
        "volume": 2750
      },
      {
        "date": "2025-07-25",
        "close": 90.93,
        "volume": 740
      },
      {
        "date": "2025-08-01",
        "close": 88.190002,
        "volume": 0
      },
      {
        "date": "2025-08-08",
        "close": 90.75,
        "volume": 370
      },
      {
        "date": "2025-08-15",
        "close": 91.5,
        "volume": 0
      },
      {
        "date": "2025-08-22",
        "close": 91.519997,
        "volume": 370
      },
      {
        "date": "2025-08-29",
        "close": 89.730003,
        "volume": 370
      },
      {
        "date": "2025-09-05",
        "close": 89.309998,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 88.870003,
        "volume": 0
      },
      {
        "date": "2025-09-19",
        "close": 88.690002,
        "volume": 370
      },
      {
        "date": "2025-09-26",
        "close": 89.099998,
        "volume": 370
      },
      {
        "date": "2025-10-03",
        "close": 91.470001,
        "volume": 732
      },
      {
        "date": "2025-10-10",
        "close": 91.129997,
        "volume": 337
      },
      {
        "date": "2025-10-17",
        "close": 89.489998,
        "volume": 0
      },
      {
        "date": "2025-10-24",
        "close": 90.970001,
        "volume": 337
      },
      {
        "date": "2025-10-31",
        "close": 89.910004,
        "volume": 674
      },
      {
        "date": "2025-11-07",
        "close": 88.360001,
        "volume": 674
      },
      {
        "date": "2025-11-14",
        "close": 89.580002,
        "volume": 337
      },
      {
        "date": "2025-11-21",
        "close": 86.699997,
        "volume": 625
      },
      {
        "date": "2025-11-28",
        "close": 89.440002,
        "volume": 244
      },
      {
        "date": "2025-12-05",
        "close": 90.129997,
        "volume": 337
      },
      {
        "date": "2025-12-12",
        "close": 88.959999,
        "volume": 1348
      },
      {
        "date": "2025-12-19",
        "close": 89.349998,
        "volume": 674
      },
      {
        "date": "2025-12-26",
        "close": 89.540001,
        "volume": 0
      },
      {
        "date": "2026-01-02",
        "close": 90.25,
        "volume": 1011
      },
      {
        "date": "2026-01-09",
        "close": 92.900002,
        "volume": 438
      },
      {
        "date": "2026-01-16",
        "close": 93.010002,
        "volume": 0
      },
      {
        "date": "2026-01-23",
        "close": 91.389999,
        "volume": 1340
      },
      {
        "date": "2026-01-30",
        "close": 90.239998,
        "volume": 1340
      },
      {
        "date": "2026-02-06",
        "close": 90.879997,
        "volume": 800
      },
      {
        "date": "2026-02-13",
        "close": 91.57,
        "volume": 335
      },
      {
        "date": "2026-02-20",
        "close": 92.82,
        "volume": 1005
      },
      {
        "date": "2026-02-27",
        "close": 93.099998,
        "volume": 670
      },
      {
        "date": "2026-03-06",
        "close": 86.650002,
        "volume": 3769
      },
      {
        "date": "2026-03-13",
        "close": 86.160004,
        "volume": 1340
      },
      {
        "date": "2026-03-20",
        "close": 82.050003,
        "volume": 335
      },
      {
        "date": "2026-03-27",
        "close": 82.019997,
        "volume": 972
      },
      {
        "date": "2026-04-03",
        "close": 84.93,
        "volume": 1295
      },
      {
        "date": "2026-04-10",
        "close": 87.639999,
        "volume": 363
      },
      {
        "date": "2026-04-17",
        "close": 90.739998,
        "volume": 0
      },
      {
        "date": "2026-04-24",
        "close": 88.639999,
        "volume": 363
      },
      {
        "date": "2026-05-01",
        "close": 89.110001,
        "volume": 363
      },
      {
        "date": "2026-05-08",
        "close": 89.099998,
        "volume": 363
      },
      {
        "date": "2026-05-15",
        "close": 87.809998,
        "volume": 0
      },
      {
        "date": "2026-05-22",
        "close": 91.309998,
        "volume": 363
      },
      {
        "date": "2026-05-29",
        "close": 92.059998,
        "volume": 363
      },
      {
        "date": "2026-06-05",
        "close": 90.790001,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 90.169998,
        "volume": 97
      },
      {
        "date": "2026-06-19",
        "close": 91.660004,
        "volume": 0
      },
      {
        "date": "2026-06-26",
        "close": 90.400002,
        "volume": 0
      },
      {
        "date": "2026-07-03",
        "close": 94.5,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 91.849998,
        "volume": 443
      },
      {
        "date": "2026-07-17",
        "close": 90.959999,
        "volume": 666
      },
      {
        "date": "2026-07-24",
        "close": 91.870003,
        "volume": 0
      },
      {
        "date": "2026-07-31",
        "close": 93.809998,
        "volume": 666
      },
      {
        "date": "2026-08-07",
        "close": 96.5,
        "volume": 333
      }
    ],
    "sharemaestro_context": {
      "trend": 90.124666,
      "fair_value": 90.035345,
      "market_activity": 84.08927,
      "market_dynamics": 0.815779,
      "relative_strength": -12.883102
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.007302,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.028964,
        "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": "2026-07-03",
        "end": "2026-07-10",
        "tenure": "Brief",
        "return": -0.028042
      },
      {
        "direction": "negative",
        "start": "2026-07-17",
        "end": "2026-07-17",
        "tenure": "Brief",
        "return": 0.0
      },
      {
        "direction": "positive",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "Brief",
        "return": 0.050397
      }
    ]
  }
}