{
  "ticker": {
    "uuid": "64b90721-b2c5-40c2-b7dd-49c6abfa6796",
    "symbol": "JMT",
    "name": "JMT Network Services 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": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 80.586,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 65.837,
    "architecture_energy": 52.768,
    "architecture_maturity": 69.104,
    "architecture_confidence": 80.162,
    "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": 12.03,
        "rotation_up": 53.93,
        "upward_expansion": 81.69,
        "deceleration": 67.29,
        "rotation_down": 25.18,
        "downward_expansion": 8.35
      },
      "activity_lines": [
        12.146667,
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        11.352143,
        10.785841
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 12.3,
    "trend_reference": 10.101817,
    "distance_from_trend": 0.217603,
    "trend_direction": "Improving",
    "fair_value": 15.377091,
    "distance_from_fair_value": -0.200109,
    "fair_value_direction": "Improving",
    "relative_strength": 7.044641,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.532418,
    "excess_performance": 0.340093,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.217603,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.127001,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.200109,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.221254,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.070446,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.157671,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.532418,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.322918,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 41697000,
      "relative_activity": 0.716555,
      "balance": 3.322918,
      "dry_up": 0.972395,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.072233,
      "annualized_volatility": 0.497057,
      "from_high_reference": -0.053846,
      "from_low_reference": 0.672639
    },
    "levels": {
      "trend_reference": 10.101817,
      "fair_value_reference": 15.377091,
      "structural_low": 7.95,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 15,
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        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
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        "regime_survival": 0.733333,
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        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "regime_survival": 0.4,
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        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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        "sufficient": false
      },
      {
        "horizon": "Full cycle",
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      {
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      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 63523895.0,
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        "fair_value": 15.812713,
        "relative_strength": 3.719722,
        "stage": 1,
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        "modifier": "Established expansion",
        "gate": "up",
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        "energy": 70.638856,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 11.9,
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        "typical_volume": 62278200.0,
        "trend": 9.850951,
        "fair_value": 15.669237,
        "relative_strength": 1.123493,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.25643,
        "energy": 58.301805,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 12.0,
        "volume": 26096200,
        "typical_volume": 59425245.0,
        "trend": 9.970583,
        "fair_value": 15.540399,
        "relative_strength": 3.351022,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.903229,
        "energy": 54.584289,
        "activity_lines": [
          12.08,
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          11.175,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 12.3,
        "volume": 41697000,
        "typical_volume": 58190935.0,
        "trend": 10.101817,
        "fair_value": 15.377091,
        "relative_strength": 7.044641,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.8373,
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        "activity_lines": [
          12.146667,
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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."
    }
  }
}