{
  "ticker": {
    "uuid": "3a716b74-3743-4979-ab1d-64ea329b4fb4",
    "symbol": "SNC",
    "name": "SNC Former 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": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 80.966,
    "architecture_energy": 84.669,
    "architecture_maturity": 40.0,
    "architecture_confidence": 78.259,
    "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": 0.35,
        "rotation_up": 84.93,
        "upward_expansion": 95.97,
        "deceleration": 42.49,
        "rotation_down": 10.01,
        "downward_expansion": 17.97
      },
      "activity_lines": [
        8.54,
        8.149091,
        7.41881,
        6.987419
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 8.75,
    "trend_reference": 6.545,
    "distance_from_trend": 0.336898,
    "trend_direction": "Improving",
    "fair_value": 6.768701,
    "distance_from_fair_value": 0.292715,
    "fair_value_direction": "Improving",
    "relative_strength": 20.702991,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.458333,
    "excess_performance": 0.266008,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.336898,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.100925,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.292715,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.472693,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.20703,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.381399,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.458333,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.964379,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1258400,
      "relative_activity": 1.762428,
      "balance": 4.964379,
      "dry_up": 1.493701,
      "accumulation_observations": 5,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.050549,
      "annualized_volatility": 0.365915,
      "from_high_reference": -0.011299,
      "from_low_reference": 0.590909
    },
    "levels": {
      "trend_reference": 6.545,
      "fair_value_reference": 6.768701,
      "structural_low": 5.5,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 12,
        "median_return": 0.016807,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.02663,
        "regime_survival": 0.583333,
        "best_return": 0.222222,
        "worst_return": -0.114504,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.006793,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
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        "best_return": 0.248422,
        "worst_return": -0.108374,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.003685,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
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        "regime_survival": 0.333333,
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        "worst_return": -0.091603,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": -0.007634,
        "sufficient": false
      }
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        "end": "2023-04-07",
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        "regime": "balance",
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      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "regime": "downward_expansion",
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        "regime": "upward_expansion",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 6.809953,
        "relative_strength": 13.945606,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "volume": 898400,
        "typical_volume": 621125.0,
        "trend": 6.283333,
        "fair_value": 6.796218,
        "relative_strength": 10.714531,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 79.175511,
        "energy": 92.265212,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-24",
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        "volume": 1672100,
        "typical_volume": 664455.0,
        "trend": 6.365,
        "fair_value": 6.786923,
        "relative_strength": 15.71156,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.402453,
        "energy": 94.511578,
        "activity_lines": [
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          6.695054
        ]
      },
      {
        "date": "2026-07-31",
        "close": 8.6,
        "volume": 437200,
        "typical_volume": 674870.0,
        "trend": 6.453333,
        "fair_value": 6.777644,
        "relative_strength": 18.187402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.803441,
        "energy": 92.31079,
        "activity_lines": [
          8.403333,
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          7.220238,
          6.839247
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      },
      {
        "date": "2026-08-07",
        "close": 8.75,
        "volume": 1258400,
        "typical_volume": 714015.0,
        "trend": 6.545,
        "fair_value": 6.768701,
        "relative_strength": 20.702991,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.965734,
        "energy": 84.66879,
        "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."
    }
  }
}