{
  "ticker": {
    "uuid": "6ae7c46c-480e-435a-bb8e-f6da89ae96cc",
    "symbol": "TIPH",
    "name": "Dhipaya Group Holdings 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": "2a",
    "phase_label": "Stage 2A \u00b7 Early 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": 67.477,
    "architecture_energy": 67.033,
    "architecture_maturity": 40.896,
    "architecture_confidence": 71.947,
    "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": 5.06,
        "rotation_up": 72.41,
        "upward_expansion": 87.91,
        "deceleration": 53.46,
        "rotation_down": 15.45,
        "downward_expansion": 12.24
      },
      "activity_lines": [
        23.613334,
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        22.535714,
        21.985944
      ],
      "activity_state": "Wide",
      "activity_direction": "Stable",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 23.6,
    "trend_reference": 21.238395,
    "distance_from_trend": 0.111195,
    "trend_direction": "Improving",
    "fair_value": 22.230784,
    "distance_from_fair_value": 0.061591,
    "fair_value_direction": "Improving",
    "relative_strength": -1.10658,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.231126,
    "excess_performance": 0.038801,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.111195,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.056265,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.061591,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.135094,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.011066,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.025268,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.231126,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.582477,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1005700,
      "relative_activity": 1.123599,
      "balance": 1.582477,
      "dry_up": 1.414191,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.026728,
      "annualized_volatility": 0.130637,
      "from_high_reference": -0.012552,
      "from_low_reference": 0.288835
    },
    "levels": {
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      "fair_value_reference": 22.230784,
      "structural_low": 18.978703,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.002346,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.007483,
        "regime_survival": 0.833333,
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        "worst_return": -0.091743,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "worst_return": -0.079295,
        "sufficient": false
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        "horizon": "Extended",
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        "sufficient": false
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      {
        "horizon": "Full cycle",
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        "sufficient": false
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        "regime": "rotation_up",
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        "date": "2026-04-24",
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      },
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
        "close": 23.6,
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        "typical_volume": 1036220.0,
        "trend": 20.811235,
        "fair_value": 22.448672,
        "relative_strength": -2.588732,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.346127,
        "energy": 92.905667,
        "activity_lines": [
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          21.968616,
          21.473321
        ]
      },
      {
        "date": "2026-07-24",
        "close": 23.5,
        "volume": 1066300,
        "typical_volume": 932235.0,
        "trend": 20.955587,
        "fair_value": 22.369194,
        "relative_strength": -3.313338,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.328713,
        "energy": 89.178676,
        "activity_lines": [
          23.426667,
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          22.162857,
          21.64679
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      },
      {
        "date": "2026-07-31",
        "close": 23.700001,
        "volume": 1508600,
        "typical_volume": 911700.0,
        "trend": 21.087531,
        "fair_value": 22.293659,
        "relative_strength": -1.406565,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.27873,
        "energy": 86.800637,
        "activity_lines": [
          23.593334,
          23.08,
          22.361429,
          21.823849
        ]
      },
      {
        "date": "2026-08-07",
        "close": 23.6,
        "volume": 1005700,
        "typical_volume": 895070.0,
        "trend": 21.238395,
        "fair_value": 22.230784,
        "relative_strength": -1.10658,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.477438,
        "energy": 67.032626,
        "activity_lines": [
          23.613334,
          23.258182,
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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."
    }
  }
}