{
  "ticker": {
    "uuid": "38e9a57e-a1be-4b90-b2d0-77d4130a1558",
    "symbol": "CENTEL",
    "name": "Central Plaza Hotel 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": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 68.589,
    "architecture_energy": 57.496,
    "architecture_maturity": 23.096,
    "architecture_confidence": 74.988,
    "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": 11.48,
        "rotation_up": 67.98,
        "upward_expansion": 85.05,
        "deceleration": 50.86,
        "rotation_down": 15.58,
        "downward_expansion": 9.38
      },
      "activity_lines": [
        37.8,
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        35.551958,
        34.864821
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 38.25,
    "trend_reference": 34.344862,
    "distance_from_trend": 0.113704,
    "trend_direction": "Improving",
    "fair_value": 34.331128,
    "distance_from_fair_value": 0.114149,
    "fair_value_direction": "Improving",
    "relative_strength": 1.06154,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.086566,
    "excess_performance": -0.105759,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.113704,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.054065,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.114149,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.231889,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.010615,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.112239,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.086566,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.09803,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 20576500,
      "relative_activity": 1.063111,
      "balance": 1.09803,
      "dry_up": 1.019807,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.05631,
      "annualized_volatility": 0.399549,
      "from_high_reference": -0.055556,
      "from_low_reference": 0.533976
    },
    "levels": {
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      "fair_value_reference": 34.331128,
      "structural_low": 28.602149,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 20,
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        "positive_rate": 0.45,
        "directional_follow_through": 0.45,
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        "regime_survival": 0.65,
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        "worst_return": -0.057471,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.157658,
        "sufficient": true
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        "horizon": "Extended",
        "sample_count": 5,
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        "regime_survival": 0.6,
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        "sufficient": true
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      {
        "horizon": "Full cycle",
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        "sufficient": false
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        "regime": "balance",
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      {
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        "date": "2026-06-12",
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 34.487641,
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      },
      {
        "date": "2026-07-17",
        "close": 38.25,
        "volume": 16597200,
        "typical_volume": 22048860.0,
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        "fair_value": 34.463063,
        "relative_strength": -0.135043,
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        "direction": 78.884149,
        "energy": 80.053551,
        "activity_lines": [
          37.166667,
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 36.25,
        "volume": 24474300,
        "typical_volume": 20872975.0,
        "trend": 33.970396,
        "fair_value": 34.41354,
        "relative_strength": -5.653182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 63.321521,
        "energy": 60.867458,
        "activity_lines": [
          36.933333,
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      },
      {
        "date": "2026-07-31",
        "close": 38.5,
        "volume": 17305400,
        "typical_volume": 19672520.0,
        "trend": 34.13735,
        "fair_value": 34.379956,
        "relative_strength": 1.199623,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.695761,
        "energy": 60.480995,
        "activity_lines": [
          37.45,
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          35.142144,
          34.599488
        ]
      },
      {
        "date": "2026-08-07",
        "close": 38.25,
        "volume": 20576500,
        "typical_volume": 19354980.0,
        "trend": 34.344862,
        "fair_value": 34.331128,
        "relative_strength": 1.06154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.589145,
        "energy": 57.496236,
        "activity_lines": [
          37.8,
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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."
    }
  }
}