{ "ticker": { "uuid": "0c606097-05bc-4d7e-a3d2-3216b4b85efa", "symbol": "BSET100", "name": "BCAP SET100 ETF", "exchange": "SET", "country": "TH", "assetType": "etf" }, "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": 68.253, "architecture_energy": 82.247, "architecture_maturity": 64.364, "architecture_confidence": 86.906, "architecture_tenure": "Extended", "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": 4.37, "rotation_up": 73.94, "upward_expansion": 94.71, "deceleration": 44.12, "rotation_down": 15.2, "downward_expansion": 19.04 }, "activity_lines": [ 12.099333, 11.939636, 11.632952, 11.362129 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 12.09, "trend_reference": 10.945667, "distance_from_trend": 0.104547, "trend_direction": "Improving", "fair_value": 9.346859, "distance_from_fair_value": 0.293483, "fair_value_direction": "Improving", "relative_strength": 3.844187, "relative_strength_direction": "Improving", "price_momentum": 0.234934, "excess_performance": 0.042609, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.104547, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.092309, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.293483, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.097893, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.038442, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.010076, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.234934, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.154875, "read": "Demand-led" } ], "volume": { "latest": 314800, "relative_activity": 0.081567, "balance": 4.154875, "dry_up": 3.277303, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.019024, "annualized_volatility": 0.167883, "from_high_reference": -0.018669, "from_low_reference": 0.399306 }, "levels": { "trend_reference": 10.945667, "fair_value_reference": 9.346859, "structural_low": 9.55, "invalidation": "A 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"typical_volume": 1961436.35, "trend": 10.536, "fair_value": 9.290833, "relative_strength": 2.142114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.042719, "energy": 88.627383, "activity_lines": [ 11.679333, 11.546182, 11.262476, 10.993828 ] }, { "date": "2026-07-17", "close": 12.11, "volume": 11550530, "typical_volume": 2322847.85, "trend": 10.639333, "fair_value": 9.305256, "relative_strength": 2.824957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.579941, "energy": 93.521209, "activity_lines": [ 11.848, 11.672545, 11.364619, 11.095376 ] }, { "date": "2026-07-24", "close": 12.15, "volume": 26619022, "typical_volume": 3595890.8, "trend": 10.742333, "fair_value": 9.319167, "relative_strength": 2.766592, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.708243, "energy": 91.734117, "activity_lines": [ 11.989333, 11.785818, 11.465667, 11.192839 ] }, { "date": "2026-07-31", "close": 12.12, "volume": 12109600, "typical_volume": 3866617.05, "trend": 10.843667, "fair_value": 9.333013, "relative_strength": 3.544114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.880343, "energy": 87.952465, "activity_lines": [ 12.076, 11.873818, 11.555, 11.28172 ] }, { "date": "2026-08-07", "close": 12.09, "volume": 314800, "typical_volume": 3859419.7, "trend": 10.945667, "fair_value": 9.346859, "relative_strength": 3.844187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.252566, "energy": 82.246757, "activity_lines": [ 12.099333, 11.939636, 11.632952, 11.362129 ] } ], "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." } } }