{ "ticker": { "uuid": "2bcff1e7-b0ba-4a58-8f45-8acd8aa8bc2b", "symbol": "PR9", "name": "Praram 9 Hospital 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 47.843, "architecture_energy": 43.681, "architecture_maturity": 18.113, "architecture_confidence": 59.113, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 25.3, "rotation_up": 63.86, "upward_expansion": 51.87, "deceleration": 38.4, "rotation_down": 21.13, "downward_expansion": 12.53 }, "activity_lines": [ 18.073333, 17.878182, 17.311351, 17.207363 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 18.5, "trend_reference": 17.357212, "distance_from_trend": 0.065839, "trend_direction": "Weakening", "fair_value": 19.274918, "distance_from_fair_value": -0.040203, "fair_value_direction": "Improving", "relative_strength": -15.848298, "relative_strength_direction": "Improving", "price_momentum": -0.048354, "excess_performance": -0.240679, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.065839, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.024686, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.040203, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.112713, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.158483, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.16195, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.048354, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.716583, "read": "Demand-led" } ], "volume": { "latest": 21911200, "relative_activity": 2.092468, "balance": 1.716583, "dry_up": 1.34566, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.039085, "annualized_volatility": 0.252499, "from_high_reference": -0.246333, "from_low_reference": 0.200165 }, "levels": { "trend_reference": 17.357212, "fair_value_reference": 19.274918, "structural_low": 15.414545, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.036263, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.043866, "regime_survival": 0.5, "best_return": 0.073171, "worst_return": -0.004098, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.097143, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.103144, "regime_survival": 0.0, "best_return": 0.275797, "worst_return": 0.024793, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.045172, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.095073, "regime_survival": 0.0, "best_return": 0.050531, "worst_return": -0.11157, "sufficient": false }, { 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4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.507297, "energy": 60.749914, "activity_lines": [ 17.866667, 17.410909, 16.923688, 17.070217 ] }, { "date": "2026-07-24", "close": 17.799999, "volume": 10313100, "typical_volume": 10836855.0, "trend": 17.354788, "fair_value": 19.25953, "relative_strength": -22.153253, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.078149, "energy": 54.132766, "activity_lines": [ 17.88, 17.550909, 17.032329, 17.097314 ] }, { "date": "2026-07-31", "close": 17.9, "volume": 5332600, "typical_volume": 10088500.0, "trend": 17.339455, "fair_value": 19.263792, "relative_strength": -19.993858, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.860893, "energy": 35.80098, "activity_lines": [ 17.873333, 17.676364, 17.146615, 17.132489 ] }, { "date": "2026-08-07", "close": 18.5, "volume": 21911200, "typical_volume": 10471460.0, "trend": 17.357212, "fair_value": 19.274918, "relative_strength": -15.848298, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.842679, "energy": 43.680844, "activity_lines": [ 18.073333, 17.878182, 17.311351, 17.207363 ] } ], "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." } } }