{
  "ticker": {
    "uuid": "0a8da855-8116-4cd1-b698-68894701bc6e",
    "symbol": "SCB",
    "name": "SCB X 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": "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": 65.544,
    "architecture_energy": 64.748,
    "architecture_maturity": 42.451,
    "architecture_confidence": 78.03,
    "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": 7.71,
        "rotation_up": 67.23,
        "upward_expansion": 85.33,
        "deceleration": 67.02,
        "rotation_down": 16.62,
        "downward_expansion": 12.0
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
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    "latest_close": 153.5,
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    "distance_from_trend": 0.106058,
    "trend_direction": "Improving",
    "fair_value": 106.860219,
    "distance_from_fair_value": 0.436456,
    "fair_value_direction": "Improving",
    "relative_strength": 0.956359,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.197049,
    "excess_performance": 0.004724,
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.106058,
        "read": "Above"
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      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.062272,
        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.436456,
        "read": "Premium"
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      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.136997,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.009564,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.08519,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.197049,
        "read": "Positive"
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      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.512447,
        "read": "Demand-led"
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    ],
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      "dry_up": 1.499729,
      "accumulation_observations": 3,
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    "risk": {
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      "annualized_volatility": 0.160462,
      "from_high_reference": -0.040625,
      "from_low_reference": 0.311966
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 66928310.0,
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        "stage": 2,
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        "modifier": "Early expansion",
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        "energy": 94.829928,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "volume": 195328000,
        "typical_volume": 72109415.0,
        "trend": 137.253733,
        "fair_value": 105.994966,
        "relative_strength": 0.117252,
        "stage": 2,
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        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.867351,
        "energy": 88.820124,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 153.0,
        "volume": 49931700,
        "typical_volume": 70697225.0,
        "trend": 138.016933,
        "fair_value": 106.432139,
        "relative_strength": -0.050478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.895174,
        "energy": 78.776357,
        "activity_lines": [
          154.833333,
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      },
      {
        "date": "2026-08-07",
        "close": 153.5,
        "volume": 69367700,
        "typical_volume": 71545070.0,
        "trend": 138.781199,
        "fair_value": 106.860219,
        "relative_strength": 0.956359,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.543779,
        "energy": 64.747931,
        "activity_lines": [
          154.333333,
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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."
    }
  }
}