{
  "ticker": {
    "uuid": "37a65604-c811-42e8-8007-c4f0548ad56a",
    "symbol": "PSL",
    "name": "Precious Shipping 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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 94.514,
    "architecture_energy": 93.836,
    "architecture_maturity": 28.0,
    "architecture_confidence": 77.115,
    "architecture_tenure": "New",
    "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": 8.68,
        "rotation_up": 88.51,
        "upward_expansion": 98.75,
        "deceleration": 39.02,
        "rotation_down": 8.46,
        "downward_expansion": 20.75
      },
      "activity_lines": [
        8.416667,
        7.978182,
        7.621487,
        7.403472
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 9.25,
    "trend_reference": 7.093585,
    "distance_from_trend": 0.303995,
    "trend_direction": "Improving",
    "fair_value": 6.902912,
    "distance_from_fair_value": 0.340014,
    "fair_value_direction": "Improving",
    "relative_strength": 19.133393,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.522318,
    "excess_performance": 0.329992,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.303995,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.083431,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.340014,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.289587,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.191334,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.196578,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.522318,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 6.717844,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 113217200,
      "relative_activity": 4.292377,
      "balance": 6.717844,
      "dry_up": 1.883283,
      "accumulation_observations": 5,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.055149,
      "annualized_volatility": 0.417221,
      "from_high_reference": -0.005376,
      "from_low_reference": 0.669208
    },
    "levels": {
      "trend_reference": 7.093585,
      "fair_value_reference": 6.902912,
      "structural_low": 6.076262,
      "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": -0.022293,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.052795,
        "regime_survival": 0.5625,
        "best_return": 0.176768,
        "worst_return": -0.166667,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "positive_rate": 0.285714,
        "directional_follow_through": 0.285714,
        "median_excess_return": -0.146957,
        "regime_survival": 0.285714,
        "best_return": 0.056484,
        "worst_return": -0.267014,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.185064,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.244104,
        "regime_survival": 0.0,
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        "worst_return": -0.44747,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
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        "regime_survival": 0.25,
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        "worst_return": -0.491146,
        "sufficient": false
      }
    ],
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        "color": "red",
        "start": "2024-11-22",
        "end": "2025-05-23",
        "tenure": "Extended",
        "return": -0.146473,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      },
      {
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      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
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      {
        "regime": "rotation_down",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "typical_volume": 22354725.0,
        "trend": 6.978072,
        "fair_value": 6.892313,
        "relative_strength": 3.26279,
        "stage": 2,
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        "direction": 70.484953,
        "energy": 77.390829,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 9.25,
        "volume": 113217200,
        "typical_volume": 26376340.0,
        "trend": 7.093585,
        "fair_value": 6.902912,
        "relative_strength": 19.133393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.513905,
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        "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."
    }
  }
}