{
  "ticker": {
    "uuid": "6d6f288e-0b11-452a-bf77-d6a0865b9ff8",
    "symbol": "CEVA",
    "name": "CEVA Inc",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 25.971,
    "architecture_energy": 22.218,
    "architecture_maturity": 81.0,
    "architecture_confidence": 94.4,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 50.01,
        "rotation_up": 21.25,
        "upward_expansion": 54.36,
        "deceleration": 91.07,
        "rotation_down": 36.78,
        "downward_expansion": 20.36
      },
      "activity_lines": [
        36.965333,
        39.391909,
        38.835833,
        35.158978
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 38.67,
    "trend_reference": 30.595833,
    "distance_from_trend": 0.263898,
    "trend_direction": "Improving",
    "fair_value": 24.980353,
    "distance_from_fair_value": 0.548017,
    "fair_value_direction": "Weakening",
    "relative_strength": 23.85082,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.715617,
    "excess_performance": 0.528163,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.263898,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.259278,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.548017,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.015112,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.238508,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.103398,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.715617,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.306446,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3911053,
      "relative_activity": 1.059041,
      "balance": 1.306446,
      "dry_up": 0.989006,
      "accumulation_observations": 5,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.197216,
      "annualized_volatility": 0.730132,
      "from_high_reference": -0.250581,
      "from_low_reference": 1.272033
    },
    "levels": {
      "trend_reference": 30.595833,
      "fair_value_reference": 24.980353,
      "structural_low": 17.02,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": -0.047238,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.076809,
        "regime_survival": 0.5,
        "best_return": -0.025217,
        "worst_return": -0.257871,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.144369,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.227799,
        "regime_survival": 0.0,
        "best_return": -0.120478,
        "worst_return": -0.168261,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.307863,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.134503,
        "regime_survival": 0.0,
        "best_return": 0.894565,
        "worst_return": -0.27884,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.209215,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.64003,
        "regime_survival": 0.0,
        "best_return": -0.209215,
        "worst_return": -0.209215,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-21",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.085009,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-05-02",
        "tenure": "Developing",
        "return": 0.273026,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-09",
        "end": "2025-08-15",
        "tenure": "Established",
        "return": 0.160857,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-22",
        "end": "2025-09-19",
        "tenure": "Developing",
        "return": 0.123299,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-09-26",
        "end": "2025-10-10",
        "tenure": "New",
        "return": 0.023194,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-17",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": -0.189565,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-12-12",
        "tenure": "New",
        "return": -0.05087,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "tenure": "New",
        "return": 0.020725,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-02",
        "end": "2026-01-16",
        "tenure": "New",
        "return": 0.022748,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-23",
        "end": "2026-02-20",
        "tenure": "Developing",
        "return": -0.16229,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.122723,
        "active": false
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      {
        "regime": "rotation_up",
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        "return": 0.280568,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2026-07-17",
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        "return": 0.039989,
        "active": false
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      {
        "regime": "deceleration",
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        "tenure": "New",
        "return": 0.063824,
        "active": true
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    ],
    "chart_path": [
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      },
      {
        "date": "2026-05-01",
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      },
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        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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        "stage": 2,
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      },
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        "date": "2026-05-22",
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      },
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        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 3401467.25,
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        "fair_value": 24.692532,
        "relative_strength": 48.708478,
        "stage": 2,
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      },
      {
        "date": "2026-07-17",
        "close": 37.97,
        "volume": 3203981,
        "typical_volume": 3427332.55,
        "trend": 29.236167,
        "fair_value": 24.765929,
        "relative_strength": 28.60614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
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        "energy": 31.456147,
        "activity_lines": [
          41.842,
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          33.95628
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      },
      {
        "date": "2026-07-24",
        "close": 36.35,
        "volume": 2096326,
        "typical_volume": 3432931.85,
        "trend": 29.7255,
        "fair_value": 24.825096,
        "relative_strength": 24.434493,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.388004,
        "energy": 22.188677,
        "activity_lines": [
          39.560667,
          41.622636,
          38.537262,
          34.415237
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      },
      {
        "date": "2026-07-31",
        "close": 32.65,
        "volume": 5398289,
        "typical_volume": 3618828.35,
        "trend": 30.0665,
        "fair_value": 24.871058,
        "relative_strength": 10.661894,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.734876,
        "energy": 19.393938,
        "activity_lines": [
          36.937333,
          39.898364,
          38.43419,
          34.603914
        ]
      },
      {
        "date": "2026-08-07",
        "close": 38.67,
        "volume": 3911053,
        "typical_volume": 3693012.05,
        "trend": 30.595833,
        "fair_value": 24.980353,
        "relative_strength": 23.85082,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.971341,
        "energy": 22.217966,
        "activity_lines": [
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          35.158978
        ]
      }
    ],
    "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."
    }
  }
}