{
  "ticker": {
    "uuid": "09e68011-36be-421e-910c-c575080c8282",
    "symbol": "ITEL",
    "name": "Interlink Telecom Public Company Limited",
    "exchange": "SET",
    "country": "TH",
    "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": "^SET.BK",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 76.068,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 65.12,
    "architecture_energy": 64.139,
    "architecture_maturity": 38.332,
    "architecture_confidence": 82.659,
    "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": 6.97,
        "rotation_up": 71.21,
        "upward_expansion": 88.03,
        "deceleration": 49.06,
        "rotation_down": 13.5,
        "downward_expansion": 12.36
      },
      "activity_lines": [
        1.698,
        1.629636,
        1.504143,
        1.429312
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 1.67,
    "trend_reference": 1.358667,
    "distance_from_trend": 0.229146,
    "trend_direction": "Improving",
    "fair_value": 1.818029,
    "distance_from_fair_value": -0.081423,
    "fair_value_direction": "Improving",
    "relative_strength": 7.45744,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.314961,
    "excess_performance": 0.122636,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.229146,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.091883,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.081423,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.233948,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.074574,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.201116,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.314961,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.710834,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 16498800,
      "relative_activity": 0.71209,
      "balance": 1.710834,
      "dry_up": 1.507362,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.095348,
      "annualized_volatility": 0.432975,
      "from_high_reference": -0.102151,
      "from_low_reference": 0.546296
    },
    "levels": {
      "trend_reference": 1.358667,
      "fair_value_reference": 1.818029,
      "structural_low": 1.13,
      "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": -0.002119,
        "positive_rate": 0.4375,
        "directional_follow_through": 0.4375,
        "median_excess_return": -0.015387,
        "regime_survival": 0.75,
        "best_return": 0.145299,
        "worst_return": -0.197368,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.032644,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.075109,
        "regime_survival": 0.5,
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        "worst_return": -0.230263,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.137973,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
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        "regime_survival": 0.25,
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        "worst_return": -0.236842,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": -0.469856,
        "sufficient": false
      }
    ],
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        "regime": "rotation_down",
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        "regime": "deceleration",
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      },
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        "date": "2026-04-24",
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      },
      {
        "date": "2026-07-03",
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      },
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        "modifier": "Early expansion",
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        "energy": 82.45788,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "volume": 59982100,
        "typical_volume": 20389735.0,
        "trend": 1.323667,
        "fair_value": 1.827093,
        "relative_strength": 7.233665,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.617689,
        "energy": 83.318202,
        "activity_lines": [
          1.622667,
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          1.404857,
          1.360022
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      },
      {
        "date": "2026-07-24",
        "close": 1.7,
        "volume": 49596700,
        "typical_volume": 22357210.0,
        "trend": 1.335667,
        "fair_value": 1.825029,
        "relative_strength": 7.054097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.640556,
        "energy": 83.17079,
        "activity_lines": [
          1.672667,
          1.566,
          1.441048,
          1.384301
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      },
      {
        "date": "2026-07-31",
        "close": 1.71,
        "volume": 13622000,
        "typical_volume": 22622485.0,
        "trend": 1.346667,
        "fair_value": 1.822156,
        "relative_strength": 8.949792,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.49714,
        "energy": 80.948694,
        "activity_lines": [
          1.703333,
          1.604545,
          1.475762,
          1.408452
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.67,
        "volume": 16498800,
        "typical_volume": 23169545.0,
        "trend": 1.358667,
        "fair_value": 1.818029,
        "relative_strength": 7.45744,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.120413,
        "energy": 64.139458,
        "activity_lines": [
          1.698,
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          1.504143,
          1.429312
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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."
    }
  }
}