{ "ticker": { "uuid": "13f51249-c378-4b18-a3f9-c3b5d4951437", "symbol": "PERI", "name": "Perion Network", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 52.098, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 38.247, "architecture_energy": 23.459, "architecture_maturity": 17.463, "architecture_confidence": 45.279, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 47.02, "rotation_up": 61.98, "upward_expansion": 65.03, "deceleration": 46.77, "rotation_down": 6.78, "downward_expansion": 13.36 }, "activity_lines": [ 9.551333, 9.352, 9.358333, 9.380194 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 9.81, "trend_reference": 9.330667, "distance_from_trend": 0.051372, "trend_direction": "Weakening", "fair_value": 13.369038, "distance_from_fair_value": -0.266215, "fair_value_direction": "Improving", "relative_strength": -9.179046, "relative_strength_direction": "Weakening", "price_momentum": 0.135417, "excess_performance": -0.052037, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.051372, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.022353, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.266215, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.014135, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.09179, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.030172, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.135417, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.056013, "read": "Demand-led" } ], "volume": { "latest": 1581058, "relative_activity": 0.796985, "balance": 1.056013, "dry_up": 0.692048, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.081274, "annualized_volatility": 0.412438, "from_high_reference": -0.129547, "from_low_reference": 0.286557 }, "levels": { "trend_reference": 9.330667, "fair_value_reference": 13.369038, "structural_low": 7.625, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.002316, "positive_rate": 0.521739, "directional_follow_through": 0.521739, "median_excess_return": 0.031492, "regime_survival": 0.565217, "best_return": 0.340824, "worst_return": -0.192201, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.0, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.023987, "regime_survival": 0.111111, "best_return": 0.648352, "worst_return": -0.248118, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.023859, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.051578, "regime_survival": 0.142857, "best_return": 1.05184, "worst_return": -0.707504, "sufficient": true }, { 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"typical_volume": 2166875.05, "trend": 9.342333, "fair_value": 14.012115, "relative_strength": -15.987483, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.651494, "energy": 13.48024, "activity_lines": [ 9.164667, 8.979818, 9.341714, 9.332172 ] }, { "date": "2026-07-17", "close": 9.37, "volume": 1472626, "typical_volume": 2130044.45, "trend": 9.325667, "fair_value": 13.854808, "relative_strength": -11.56321, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.498117, "energy": 15.555662, "activity_lines": [ 9.294667, 9.018182, 9.337524, 9.333957 ] }, { "date": "2026-07-24", "close": 9.32, "volume": 1184613, "typical_volume": 2126532.5, "trend": 9.310667, "fair_value": 13.68859, "relative_strength": -9.9305, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.898435, "energy": 12.067426, "activity_lines": [ 9.344667, 9.078182, 9.324667, 9.333591 ] }, { "date": "2026-07-31", "close": 9.54, "volume": 1253238, "typical_volume": 2044838.5, "trend": 9.317, "fair_value": 13.528077, "relative_strength": -7.687589, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.690813, "energy": 13.324815, "activity_lines": [ 9.414, 9.195636, 9.331, 9.348387 ] }, { "date": "2026-08-07", "close": 9.81, "volume": 1581058, "typical_volume": 1983799.3, "trend": 9.330667, "fair_value": 13.369038, "relative_strength": -9.179046, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.246563, "energy": 23.459236, "activity_lines": [ 9.551333, 9.352, 9.358333, 9.380194 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }