{ "ticker": { "uuid": "0f2a6c2b-c87e-4bbb-855e-ff937dd62003", "symbol": "MST", "name": "Maybank Securities (Thailand) 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": "2a", "phase_label": "Stage 2A \u00b7 Early 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": 76.81, "architecture_energy": 91.794, "architecture_maturity": 38.751, "architecture_confidence": 77.212, "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": 0.17, "rotation_up": 86.37, "upward_expansion": 99.98, "deceleration": 39.0, "rotation_down": 8.02, "downward_expansion": 21.98 }, "activity_lines": [ 8.34, 8.02, 7.598571, 7.369139 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 8.4, "trend_reference": 7.092271, "distance_from_trend": 0.184388, "trend_direction": "Improving", "fair_value": 8.017105, "distance_from_fair_value": 0.04776, "fair_value_direction": "Improving", "relative_strength": 4.393065, "relative_strength_direction": "Improving", "price_momentum": 0.285167, "excess_performance": 0.092842, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.184388, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054855, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.04776, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.201749, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.043931, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.175704, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.285167, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.819318, "read": "Demand-led" } ], "volume": { "latest": 239000, "relative_activity": 0.953445, "balance": 5.819318, "dry_up": 1.907288, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.025641, "annualized_volatility": 0.11923, "from_high_reference": -0.017544, "from_low_reference": 0.324711 }, "levels": { "trend_reference": 7.092271, "fair_value_reference": 8.017105, "structural_low": 6.341007, "invalidation": "A sustained loss of 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}, { "date": "2026-07-17", "close": 8.15, "volume": 580000, "typical_volume": 228975.0, "trend": 6.90259, "fair_value": 8.033433, "relative_strength": -0.74154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.995289, "energy": 98.57579, "activity_lines": [ 7.773333, 7.507273, 7.234185, 7.088542 ] }, { "date": "2026-07-24", "close": 8.45, "volume": 597500, "typical_volume": 239765.0, "trend": 6.968012, "fair_value": 8.028387, "relative_strength": 2.863056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.06616, "energy": 98.87684, "activity_lines": [ 8.056667, 7.71, 7.366429, 7.188375 ] }, { "date": "2026-07-31", "close": 8.4, "volume": 495900, "typical_volume": 242670.0, "trend": 7.030141, "fair_value": 8.02302, "relative_strength": 3.562171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.234734, "energy": 95.492926, "activity_lines": [ 8.236667, 7.877273, 7.48619, 7.280761 ] }, { "date": "2026-08-07", "close": 8.4, "volume": 239000, "typical_volume": 250670.0, "trend": 7.092271, "fair_value": 8.017105, "relative_strength": 4.393065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.80999, "energy": 91.794369, "activity_lines": [ 8.34, 8.02, 7.598571, 7.369139 ] } ], "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." } } }