{
  "ticker": {
    "uuid": "96b870d6-b85f-4f88-83e9-9035a037bd04",
    "symbol": "AUDC",
    "name": "AudioCodes Ltd",
    "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": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 55.691,
    "architecture_energy": 31.54,
    "architecture_maturity": 38.652,
    "architecture_confidence": 63.98,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 25.64,
        "rotation_up": 42.93,
        "upward_expansion": 74.53,
        "deceleration": 63.89,
        "rotation_down": 23.37,
        "downward_expansion": 3.53
      },
      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 9.94,
    "trend_reference": 8.807815,
    "distance_from_trend": 0.128543,
    "trend_direction": "Improving",
    "fair_value": 9.402202,
    "distance_from_fair_value": 0.057199,
    "fair_value_direction": "Improving",
    "relative_strength": -2.292143,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.336988,
    "excess_performance": 0.149534,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.128543,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.037206,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.057199,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.154716,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.022921,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.183737,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.336988,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.775438,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 780650,
      "relative_activity": 1.48394,
      "balance": 1.775438,
      "dry_up": 1.018564,
      "accumulation_observations": 4,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.082549,
      "annualized_volatility": 0.449013,
      "from_high_reference": -0.084715,
      "from_low_reference": 0.469725
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    "levels": {
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      "fair_value_reference": 9.402202,
      "structural_low": 6.763172,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 11,
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        "positive_rate": 0.272727,
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        "median_excess_return": -0.028616,
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        "worst_return": -0.148006,
        "sufficient": true
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      },
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 538945.2,
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        "fair_value": 9.40183,
        "relative_strength": -1.570923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 52.871418,
        "energy": 34.827888,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 520012.75,
        "trend": 8.72772,
        "fair_value": 9.406121,
        "relative_strength": -1.226777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 51.031589,
        "energy": 33.670912,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 9.58,
        "volume": 473738,
        "typical_volume": 514835.45,
        "trend": 8.763552,
        "fair_value": 9.402836,
        "relative_strength": -1.392518,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.879732,
        "energy": 31.515886,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 9.94,
        "volume": 780650,
        "typical_volume": 526065.85,
        "trend": 8.807815,
        "fair_value": 9.402202,
        "relative_strength": -2.292143,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.691419,
        "energy": 31.53976,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}