{
  "ticker": {
    "uuid": "09f9df90-40a1-43c5-954e-5fd96f340eb9",
    "symbol": "SKY",
    "name": "Sky ICT 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": 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": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 75.801,
    "architecture_energy": 84.471,
    "architecture_maturity": 40.0,
    "architecture_confidence": 83.436,
    "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": 3.29,
        "rotation_up": 82.87,
        "upward_expansion": 97.5,
        "deceleration": 39.82,
        "rotation_down": 9.37,
        "downward_expansion": 19.5
      },
      "activity_lines": [
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        14.68568
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 18.5,
    "trend_reference": 13.567154,
    "distance_from_trend": 0.363587,
    "trend_direction": "Improving",
    "fair_value": 19.457099,
    "distance_from_fair_value": -0.04919,
    "fair_value_direction": "Improving",
    "relative_strength": 23.374814,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.84102,
    "excess_performance": 0.648694,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.363587,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.140533,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.04919,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.353256,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.233748,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.38984,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.84102,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.21694,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 20207800,
      "relative_activity": 2.539675,
      "balance": 4.21694,
      "dry_up": 2.96254,
      "accumulation_observations": 6,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.089397,
      "annualized_volatility": 0.624742,
      "from_high_reference": -0.08867,
      "from_low_reference": 0.934949
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    "levels": {
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      "fair_value_reference": 19.457099,
      "structural_low": 10.536586,
      "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": 13,
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        "directional_follow_through": 0.461538,
        "median_excess_return": -0.036305,
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        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "worst_return": -0.342574,
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      {
        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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        "date": "2026-06-12",
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      },
      {
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 19.691026,
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      },
      {
        "date": "2026-07-17",
        "close": 17.1,
        "volume": 18426300,
        "typical_volume": 5228495.0,
        "trend": 12.787724,
        "fair_value": 19.631786,
        "relative_strength": 12.8189,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.960391,
        "energy": 59.899085,
        "activity_lines": [
          15.76,
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          14.268142,
          13.679816
        ]
      },
      {
        "date": "2026-07-24",
        "close": 17.299999,
        "volume": 22423000,
        "typical_volume": 5892880.0,
        "trend": 13.026179,
        "fair_value": 19.575391,
        "relative_strength": 13.69528,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.539351,
        "energy": 62.897933,
        "activity_lines": [
          16.4,
          15.852727,
          14.628316,
          13.970931
        ]
      },
      {
        "date": "2026-07-31",
        "close": 18.9,
        "volume": 33232800,
        "typical_volume": 7203900.0,
        "trend": 13.295203,
        "fair_value": 19.516745,
        "relative_strength": 25.212596,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.752399,
        "energy": 80.974654,
        "activity_lines": [
          17.413333,
          16.483636,
          15.117491,
          14.349887
        ]
      },
      {
        "date": "2026-08-07",
        "close": 18.5,
        "volume": 20207800,
        "typical_volume": 7956845.0,
        "trend": 13.567154,
        "fair_value": 19.457099,
        "relative_strength": 23.374814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.801163,
        "energy": 84.471109,
        "activity_lines": [
          17.986666,
          16.938182,
          15.538966,
          14.68568
        ]
      }
    ],
    "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."
    }
  }
}