{ "ticker": { "uuid": "d20c7093-1bfb-4c9c-859d-c333be034ed7", "symbol": "YELP", "name": "Yelp Inc", "exchange": "NYSE", "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": "SPY", "stage": 1, "stage_name": "Basing", "phase": "1a", "phase_label": "Stage 1A \u00b7 Bottoming", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 76.209, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 21.315, "architecture_energy": 16.514, "architecture_maturity": 11.947, "architecture_confidence": 49.513, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 56.22, "rotation_up": 49.62, "upward_expansion": 46.94, "deceleration": 35.71, "rotation_down": 21.26, "downward_expansion": 7.61 }, "activity_lines": [ 25.804667, 25.442909, 25.048714, 24.95243 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 25.56, "trend_reference": 24.966333, "distance_from_trend": 0.023779, "trend_direction": "Weakening", "fair_value": 34.722051, "distance_from_fair_value": -0.263868, "fair_value_direction": "Weakening", "relative_strength": -17.510556, "relative_strength_direction": "Improving", "price_momentum": 0.046683, "excess_performance": -0.078942, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.023779, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.061393, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.263868, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.018824, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.175106, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.034654, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.046683, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.184268, "read": "Demand-led" } ], "volume": { "latest": 6693374, "relative_activity": 1.175027, "balance": 1.184268, "dry_up": 0.893577, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.112857, "annualized_volatility": 0.494486, "from_high_reference": -0.258916, "from_low_reference": 0.304082 }, "levels": { "trend_reference": 24.966333, "fair_value_reference": 34.722051, "structural_low": 19.6, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": -0.027232, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.062265, "regime_survival": 0.5625, "best_return": 0.113227, "worst_return": -0.220946, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.05823, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.085533, "regime_survival": 0.25, "best_return": 0.248673, "worst_return": -0.207205, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.102922, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.180391, "regime_survival": 0.4, "best_return": 0.404446, "worst_return": -0.276699, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.212517, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.192053, "regime_survival": 0.0, "best_return": 0.193099, "worst_return": -0.286912, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-11-29", "tenure": "New", "return": 0.063143, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-06", "end": "2024-12-13", "tenure": "New", "return": 0.023454, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-03-07", "tenure": "Developing", "return": -0.076943, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.023973, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-04-18", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-09", "tenure": "New", "return": 0.100198, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-07-11", "tenure": "Developing", "return": -0.127236, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-18", "end": "2026-01-02", "tenure": "Established", "return": -0.123622, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-01-23", "tenure": "New", "return": -0.083306, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-30", "end": "2026-04-17", "tenure": "Developing", "return": 0.020453, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": 0.005567, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-05-22", "tenure": "New", "return": -0.173191, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-07-03", "tenure": "Developing", "return": 0.163158, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.009686, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 41.05, "volume": 3182976, "typical_volume": 3380701.15, "trend": 33.978333, "fair_value": 33.608462, "relative_strength": 15.071532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", 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"typical_volume": 6072075.4, "trend": 25.444333, "fair_value": 35.084487, "relative_strength": -14.257807, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.652486, "energy": 15.796294, "activity_lines": [ 25.652, 24.641091, 24.855619, 24.872774 ] }, { "date": "2026-07-24", "close": 25.1, "volume": 4170781, "typical_volume": 5870690.35, "trend": 25.268333, "fair_value": 34.957692, "relative_strength": -16.613618, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.391184, "energy": 16.882985, "activity_lines": [ 25.656667, 24.866182, 24.869095, 24.850559 ] }, { "date": "2026-07-31", "close": 26.43, "volume": 4345189, "typical_volume": 5694014.3, "trend": 25.142667, "fair_value": 34.836859, "relative_strength": -12.38823, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.620828, "energy": 22.571322, "activity_lines": [ 25.956667, 25.270364, 25.006524, 24.925505 ] }, { "date": "2026-08-07", "close": 25.56, "volume": 6693374, "typical_volume": 5696359.0, "trend": 24.966333, "fair_value": 34.722051, "relative_strength": -17.510556, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.315039, "energy": 16.514386, "activity_lines": [ 25.804667, 25.442909, 25.048714, 24.95243 ] } ], "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." } } }