{ "ticker": { "uuid": "4d47540e-f4de-4743-b2eb-7129e1a0b7da", "symbol": "ICN", "name": "Information and Communication Networks 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "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": 61.425, "architecture_energy": 47.271, "architecture_maturity": 57.365, "architecture_confidence": 81.038, "architecture_tenure": "Established", "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": 9.85, "rotation_up": 56.1, "upward_expansion": 82.45, "deceleration": 63.44, "rotation_down": 23.55, "downward_expansion": 6.79 }, "activity_lines": [ 2.138667, 2.118182, 2.049, 1.973097 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 2.14, "trend_reference": 1.861917, "distance_from_trend": 0.149353, "trend_direction": "Improving", "fair_value": 1.917173, "distance_from_fair_value": 0.116227, "fair_value_direction": "Improving", "relative_strength": 1.579087, "relative_strength_direction": "Improving", "price_momentum": 0.407895, "excess_performance": 0.21557, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.149353, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.074233, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.116227, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.124481, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.015791, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.070847, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.407895, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.009554, "read": "Demand-led" } ], "volume": { "latest": 3051000, "relative_activity": 0.727992, "balance": 2.009554, "dry_up": 1.081668, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.062185, "annualized_volatility": 0.289748, "from_high_reference": -0.053097, "from_low_reference": 0.511833 }, "levels": { "trend_reference": 1.861917, "fair_value_reference": 1.917173, "structural_low": 1.52, "invalidation": "A 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expansion", "gate": "up", "direction": 70.202867, "energy": 57.148619, "activity_lines": [ 2.089333, 2.053273, 1.965179, 1.890043 ] }, { "date": "2026-07-17", "close": 2.16, "volume": 6982600, "typical_volume": 3928445.0, "trend": 1.8104, "fair_value": 1.920323, "relative_strength": 0.398878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.722776, "energy": 57.306082, "activity_lines": [ 2.118667, 2.079455, 1.990905, 1.913709 ] }, { "date": "2026-07-24", "close": 2.1, "volume": 6328200, "typical_volume": 4154965.0, "trend": 1.825617, "fair_value": 1.919391, "relative_strength": -2.441181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.127313, "energy": 52.519458, "activity_lines": [ 2.12, 2.090364, 2.009, 1.932392 ] }, { "date": "2026-07-31", "close": 2.16, "volume": 1771200, "typical_volume": 4143630.0, "trend": 1.843467, "fair_value": 1.918247, "relative_strength": 1.658473, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.533612, "energy": 51.793168, "activity_lines": [ 2.137333, 2.109091, 2.030952, 1.953966 ] }, { "date": "2026-08-07", "close": 2.14, "volume": 3051000, "typical_volume": 4190980.0, "trend": 1.861917, "fair_value": 1.917173, "relative_strength": 1.579087, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.425308, "energy": 47.270862, "activity_lines": [ 2.138667, 2.118182, 2.049, 1.973097 ] } ], "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." } } }