{ "ticker": { "uuid": "1a509dea-52ed-4551-be43-d5eb2958ddbd", "symbol": "BEM", "name": "Bangkok Expressway and Metro 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": "Early expansion", "architecture_gate": "up", "architecture_direction": 88.814, "architecture_energy": 95.243, "architecture_maturity": 34.0, "architecture_confidence": 76.292, "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": 0.0, "rotation_up": 88.92, "upward_expansion": 99.76, "deceleration": 39.08, "rotation_down": 8.1, "downward_expansion": 21.76 }, "activity_lines": [ 6.776667, 6.461818, 6.00881, 5.815182 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 7.05, "trend_reference": 5.598378, "distance_from_trend": 0.259293, "trend_direction": "Improving", "fair_value": 6.416324, "distance_from_fair_value": 0.09876, "fair_value_direction": "Improving", "relative_strength": 12.659645, "relative_strength_direction": "Improving", "price_momentum": 0.39343, "excess_performance": 0.201105, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.259293, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.056064, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.09876, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.278225, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.126596, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.237551, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.39343, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.94745, "read": "Demand-led" } ], "volume": { "latest": 120243300, "relative_activity": 1.065627, "balance": 1.94745, "dry_up": 1.61826, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.043099, "annualized_volatility": 0.309878, "from_high_reference": 0.0, "from_low_reference": 0.497073 }, "levels": { "trend_reference": 5.598378, "fair_value_reference": 6.416324, "structural_low": 5.0, "invalidation": "A sustained loss of 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88.588714, "activity_lines": [ 5.963333, 5.715455, 5.530592, 5.47127 ] }, { "date": "2026-07-17", "close": 6.65, "volume": 281339400, "typical_volume": 126264560.0, "trend": 5.429099, "fair_value": 6.44542, "relative_strength": 4.545094, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.415719, "energy": 97.701511, "activity_lines": [ 6.223333, 5.914545, 5.643559, 5.553354 ] }, { "date": "2026-07-24", "close": 6.7, "volume": 233572900, "typical_volume": 121381410.0, "trend": 5.48054, "fair_value": 6.434567, "relative_strength": 5.137014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.96195, "energy": 95.717397, "activity_lines": [ 6.42, 6.1, 5.75881, 5.635347 ] }, { "date": "2026-07-31", "close": 6.75, "volume": 95249900, "typical_volume": 115718030.0, "trend": 5.532027, "fair_value": 6.424633, "relative_strength": 7.2023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.770502, "energy": 93.257871, "activity_lines": [ 6.57, 6.268182, 5.873095, 5.717248 ] }, { "date": "2026-08-07", "close": 7.05, "volume": 120243300, "typical_volume": 112838060.0, "trend": 5.598378, "fair_value": 6.416324, "relative_strength": 12.659645, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.814348, "energy": 95.242605, "activity_lines": [ 6.776667, 6.461818, 6.00881, 5.815182 ] } ], "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." } } }