{
  "ticker": {
    "uuid": "739cacdc-bed4-4cc7-ac1b-7f505701250b",
    "symbol": "TQR",
    "name": "TQR 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": 88.158,
    "architecture_energy": 80.707,
    "architecture_maturity": 32.623,
    "architecture_confidence": 68.781,
    "architecture_tenure": "Developing",
    "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": 0.52,
        "rotation_up": 84.08,
        "upward_expansion": 93.84,
        "deceleration": 44.59,
        "rotation_down": 10.68,
        "downward_expansion": 15.84
      },
      "activity_lines": [
        5.793333,
        5.662727,
        5.459667,
        5.343652
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 6.0,
    "trend_reference": 5.182279,
    "distance_from_trend": 0.157792,
    "trend_direction": "Improving",
    "fair_value": 5.366998,
    "distance_from_fair_value": 0.117943,
    "fair_value_direction": "Improving",
    "relative_strength": 1.821522,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.271041,
    "excess_performance": 0.078716,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.157792,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.045064,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.117943,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.197833,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.018215,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.128261,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.271041,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.473978,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 230300,
      "relative_activity": 1.539696,
      "balance": 3.473978,
      "dry_up": 1.147752,
      "accumulation_observations": 2,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.035513,
      "annualized_volatility": 0.195496,
      "from_high_reference": -0.016393,
      "from_low_reference": 0.330536
    },
    "levels": {
      "trend_reference": 5.182279,
      "fair_value_reference": 5.366998,
      "structural_low": 4.586217,
      "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": 9,
        "median_return": 0.028037,
        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.006032,
        "regime_survival": 0.777778,
        "best_return": 0.066946,
        "worst_return": -0.213235,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "positive_rate": 0.333333,
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        "worst_return": -0.360294,
        "sufficient": false
      },
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        "horizon": "Extended",
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        "worst_return": -0.405688,
        "sufficient": false
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        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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      },
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      {
        "date": "2026-06-05",
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      {
        "date": "2026-06-12",
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        "typical_volume": 200880.0,
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      },
      {
        "date": "2026-06-26",
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        "modifier": "Early expansion",
        "gate": "up",
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        "energy": 72.047649,
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      },
      {
        "date": "2026-07-03",
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        "volume": 83500,
        "typical_volume": 187555.0,
        "trend": 5.027081,
        "fair_value": 5.396066,
        "relative_strength": -7.835606,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 298000,
        "typical_volume": 186320.0,
        "trend": 5.055505,
        "fair_value": 5.386688,
        "relative_strength": -5.554581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.899901,
        "energy": 88.913115,
        "activity_lines": [
          5.496667,
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          5.171903
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      },
      {
        "date": "2026-07-17",
        "close": 5.65,
        "volume": 126300,
        "typical_volume": 182800.0,
        "trend": 5.082329,
        "fair_value": 5.378883,
        "relative_strength": -6.230626,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.828041,
        "energy": 85.248349,
        "activity_lines": [
          5.566667,
          5.457273,
          5.301187,
          5.210258
        ]
      },
      {
        "date": "2026-07-24",
        "close": 5.65,
        "volume": 218100,
        "typical_volume": 179790.0,
        "trend": 5.109153,
        "fair_value": 5.371601,
        "relative_strength": -6.194932,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.908869,
        "energy": 85.607487,
        "activity_lines": [
          5.61,
          5.509091,
          5.342728,
          5.246882
        ]
      },
      {
        "date": "2026-07-31",
        "close": 5.75,
        "volume": 112000,
        "typical_volume": 147590.0,
        "trend": 5.14091,
        "fair_value": 5.367844,
        "relative_strength": -3.217119,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.075506,
        "energy": 80.594861,
        "activity_lines": [
          5.673333,
          5.568182,
          5.39019,
          5.288227
        ]
      },
      {
        "date": "2026-08-07",
        "close": 6.0,
        "volume": 230300,
        "typical_volume": 149575.0,
        "trend": 5.182279,
        "fair_value": 5.366998,
        "relative_strength": 1.821522,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.157716,
        "energy": 80.70689,
        "activity_lines": [
          5.793333,
          5.662727,
          5.459667,
          5.343652
        ]
      }
    ],
    "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."
    }
  }
}