{
  "ticker": {
    "uuid": "0da1bce8-2592-462e-a5a2-11564b87a6ba",
    "symbol": "ROJNA",
    "name": "Rojana Industrial Park 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": 67.812,
    "architecture_energy": 81.381,
    "architecture_maturity": 62.809,
    "architecture_confidence": 88.442,
    "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": 3.51,
        "rotation_up": 76.32,
        "upward_expansion": 94.69,
        "deceleration": 44.14,
        "rotation_down": 12.17,
        "downward_expansion": 19.02
      },
      "activity_lines": [
        6.106667,
        5.937273,
        5.615932,
        5.368048
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 6.1,
    "trend_reference": 5.040841,
    "distance_from_trend": 0.210115,
    "trend_direction": "Improving",
    "fair_value": 4.83513,
    "distance_from_fair_value": 0.2616,
    "fair_value_direction": "Improving",
    "relative_strength": 14.161533,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.410482,
    "excess_performance": 0.218157,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.210115,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.136698,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.2616,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.240416,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.141615,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.165436,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.410482,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 9.226883,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 6768000,
      "relative_activity": 0.422759,
      "balance": 9.226883,
      "dry_up": 1.166517,
      "accumulation_observations": 5,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.04628,
      "annualized_volatility": 0.229629,
      "from_high_reference": -0.03937,
      "from_low_reference": 0.582654
    },
    "levels": {
      "trend_reference": 5.040841,
      "fair_value_reference": 4.83513,
      "structural_low": 4.360953,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 16,
        "median_return": -0.020997,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": 0.001401,
        "regime_survival": 0.625,
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        "worst_return": -0.170068,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "positive_rate": 0.285714,
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        "best_return": 0.236736,
        "worst_return": -0.184397,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.06383,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
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        "regime_survival": 0.0,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "worst_return": -0.326248,
        "sufficient": false
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        "return": -0.056,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "active": false
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      {
        "regime": "rotation_up",
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      },
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        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
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      },
      {
        "regime": "downward_expansion",
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        "tenure": "Extended",
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        "active": false
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      {
        "regime": "balance",
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        "regime": "downward_expansion",
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      },
      {
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        "typical_volume": 16824345.0,
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        "energy": 73.219373,
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      },
      {
        "date": "2026-07-24",
        "close": 6.2,
        "volume": 21682600,
        "typical_volume": 16604930.0,
        "trend": 4.900175,
        "fair_value": 4.813621,
        "relative_strength": 14.330641,
        "stage": 2,
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        "direction": 84.395821,
        "energy": 81.038637,
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      },
      {
        "date": "2026-07-31",
        "close": 6.1,
        "volume": 11886600,
        "typical_volume": 16418520.0,
        "trend": 4.97081,
        "fair_value": 4.824375,
        "relative_strength": 13.582631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.554256,
        "energy": 77.97365,
        "activity_lines": [
          6.066667,
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          5.535664,
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      },
      {
        "date": "2026-08-07",
        "close": 6.1,
        "volume": 6768000,
        "typical_volume": 16009105.0,
        "trend": 5.040841,
        "fair_value": 4.83513,
        "relative_strength": 14.161533,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.81157,
        "energy": 81.380574,
        "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."
    }
  }
}