{
  "ticker": {
    "uuid": "f9f3c95c-0e40-4dea-b57e-584981b3b0a4",
    "symbol": "WABC",
    "name": "Westamerica Bancorporation",
    "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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "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": 59.516,
    "architecture_energy": 48.569,
    "architecture_maturity": 58.203,
    "architecture_confidence": 63.427,
    "architecture_tenure": "Established",
    "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": 12.81,
        "rotation_up": 53.05,
        "upward_expansion": 77.95,
        "deceleration": 68.97,
        "rotation_down": 22.16,
        "downward_expansion": 6.95
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 59.13,
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    "distance_from_trend": 0.08908,
    "trend_direction": "Improving",
    "fair_value": 47.992805,
    "distance_from_fair_value": 0.23206,
    "fair_value_direction": "Improving",
    "relative_strength": 1.000664,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.136684,
    "excess_performance": -0.05077,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.08908,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.074418,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.23206,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.048998,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.010007,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.073266,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.136684,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.126676,
        "read": "Demand-led"
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    ],
    "volume": {
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      "relative_activity": 0.726538,
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      "dry_up": 1.009496,
      "accumulation_observations": 3,
      "distribution_observations": 3
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    "risk": {
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      "annualized_volatility": 0.148849,
      "from_high_reference": -0.063032,
      "from_low_reference": 0.352701
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    "levels": {
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      "structural_low": 47.539375,
      "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": "Intermediate",
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-17",
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        "fair_value": 47.695255,
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      },
      {
        "date": "2026-07-24",
        "close": 60.012447,
        "volume": 1153255,
        "typical_volume": 1002395.5,
        "trend": 53.488796,
        "fair_value": 47.796721,
        "relative_strength": 8.450219,
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      },
      {
        "date": "2026-07-31",
        "close": 59.675132,
        "volume": 629943,
        "typical_volume": 988750.6,
        "trend": 53.911702,
        "fair_value": 47.893552,
        "relative_strength": 7.146588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.00035,
        "energy": 52.363528,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 59.13,
        "volume": 675780,
        "typical_volume": 930137.0,
        "trend": 54.293515,
        "fair_value": 47.992805,
        "relative_strength": 1.000664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.515879,
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        "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."
    }
  }
}