{
  "ticker": {
    "uuid": "65587ebf-a14b-4791-998e-7161e8518893",
    "symbol": "SC",
    "name": "SC Asset Corporation 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": 57.136,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 68.126,
    "architecture_energy": 80.021,
    "architecture_maturity": 14.546,
    "architecture_confidence": 71.742,
    "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": 10.93,
        "rotation_up": 81.47,
        "upward_expansion": 96.51,
        "deceleration": 39.14,
        "rotation_down": 8.57,
        "downward_expansion": 18.51
      },
      "activity_lines": [
        1.998,
        1.952,
        1.905502,
        1.88796
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 2.0,
    "trend_reference": 1.848733,
    "distance_from_trend": 0.081822,
    "trend_direction": "Improving",
    "fair_value": 2.25526,
    "distance_from_fair_value": -0.113184,
    "fair_value_direction": "Improving",
    "relative_strength": -2.032416,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.196172,
    "excess_performance": 0.003847,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.081822,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.066762,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.113184,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.105658,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.020324,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.023177,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.196172,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.477916,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 16622200,
      "relative_activity": 0.721465,
      "balance": 3.477916,
      "dry_up": 1.444506,
      "accumulation_observations": 5,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.033846,
      "annualized_volatility": 0.202424,
      "from_high_reference": -0.029126,
      "from_low_reference": 0.367054
    },
    "levels": {
      "trend_reference": 1.848733,
      "fair_value_reference": 2.25526,
      "structural_low": 1.6625,
      "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": 19,
        "median_return": -0.026713,
        "positive_rate": 0.421053,
        "directional_follow_through": 0.421053,
        "median_excess_return": -0.021001,
        "regime_survival": 0.631579,
        "best_return": 0.127451,
        "worst_return": -0.106524,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.033089,
        "regime_survival": 0.142857,
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        "worst_return": -0.263866,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.13046,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.113118,
        "regime_survival": 0.2,
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        "worst_return": -0.293002,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
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        "regime_survival": 0.0,
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        "worst_return": -0.347662,
        "sufficient": false
      }
    ],
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        "regime": "rotation_down",
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      },
      {
        "regime": "downward_expansion",
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        "tenure": "Developing",
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      {
        "regime": "rotation_up",
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      {
        "regime": "balance",
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      },
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        "regime": "downward_expansion",
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      {
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 24437395.0,
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      },
      {
        "date": "2026-07-31",
        "close": 2.02,
        "volume": 36687500,
        "typical_volume": 24315985.0,
        "trend": 1.836533,
        "fair_value": 2.264933,
        "relative_strength": -1.874855,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.534623,
        "energy": 84.270845,
        "activity_lines": [
          1.99,
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      },
      {
        "date": "2026-08-07",
        "close": 2.0,
        "volume": 16622200,
        "typical_volume": 23039515.0,
        "trend": 1.848733,
        "fair_value": 2.25526,
        "relative_strength": -2.032416,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.126331,
        "energy": 80.020861,
        "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."
    }
  }
}