{ "ticker": { "uuid": "3d584267-b6f9-40ad-9a3e-f8f974320115", "symbol": "TM", "name": "Techno Medical 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": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 46.731, "architecture_energy": 35.379, "architecture_maturity": 34.656, "architecture_confidence": 48.572, "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": 36.02, "rotation_up": 40.82, "upward_expansion": 66.8, "deceleration": 62.94, "rotation_down": 25.22, "downward_expansion": 16.8 }, "activity_lines": [ 0.920667, 0.923636, 0.896762, 0.880108 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 0.92, "trend_reference": 0.87, "distance_from_trend": 0.057471, "trend_direction": "Weakening", "fair_value": 1.272779, "distance_from_fair_value": -0.277172, "fair_value_direction": "Improving", "relative_strength": -15.373511, "relative_strength_direction": "Improving", "price_momentum": 0.082353, "excess_performance": -0.109972, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057471, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.019902, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.277172, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.141616, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.153735, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.084977, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.082353, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.971146, "read": "Demand-led" } ], "volume": { "latest": 523500, "relative_activity": 1.37981, "balance": 2.971146, "dry_up": 1.104902, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.04097, "annualized_volatility": 0.301264, "from_high_reference": -0.220339, "from_low_reference": 0.226667 }, "levels": { "trend_reference": 0.87, "fair_value_reference": 1.272779, "structural_low": 0.75, "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": -0.046092, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.046316, "regime_survival": 0.666667, "best_return": 0.159794, "worst_return": -0.226667, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.086184, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.151729, "regime_survival": 0.0, "best_return": -0.028037, "worst_return": -0.14433, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.121327, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.199354, "regime_survival": 0.0, "best_return": -0.046392, "worst_return": -0.196262, "sufficient": false }, { "horizon": "Full cycle", 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0.865505 ] }, { "date": "2026-07-10", "close": 0.92, "volume": 616100, "typical_volume": 579240.0, "trend": 0.880333, "fair_value": 1.307715, "relative_strength": -17.914128, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.344606, "energy": 62.086625, "activity_lines": [ 0.928, 0.911273, 0.870952, 0.868108 ] }, { "date": "2026-07-17", "close": 0.93, "volume": 425600, "typical_volume": 482290.0, "trend": 0.877667, "fair_value": 1.298683, "relative_strength": -17.707366, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.835082, "energy": 45.053528, "activity_lines": [ 0.929333, 0.918727, 0.878429, 0.871312 ] }, { "date": "2026-07-24", "close": 0.93, "volume": 570900, "typical_volume": 449600.0, "trend": 0.874667, "fair_value": 1.289776, "relative_strength": -17.389151, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.764896, "energy": 48.944896, "activity_lines": [ 0.929333, 0.924, 0.886, 0.874688 ] }, { "date": "2026-07-31", "close": 0.91, "volume": 156800, "typical_volume": 399095.0, "trend": 0.871333, "fair_value": 1.280867, "relative_strength": -17.515762, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.287537, "energy": 38.179312, "activity_lines": [ 0.922, 0.923818, 0.89119, 0.876968 ] }, { "date": "2026-08-07", "close": 0.92, "volume": 523500, "typical_volume": 379400.0, "trend": 0.87, "fair_value": 1.272779, "relative_strength": -15.373511, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.731321, "energy": 35.37854, "activity_lines": [ 0.920667, 0.923636, 0.896762, 0.880108 ] } ], "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." } } }