{ "ticker": { "uuid": "772abe9b-6ec2-476c-9ffb-66eecc98db71", "symbol": "KGI", "name": "KGI Securities (Thailand) 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": 81.906, "architecture_energy": 93.541, "architecture_maturity": 48.203, "architecture_confidence": 78.857, "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": 0.0, "rotation_up": 87.57, "upward_expansion": 99.98, "deceleration": 39.0, "rotation_down": 8.02, "downward_expansion": 21.98 }, "activity_lines": [ 5.026, 4.812545, 4.56466, 4.420559 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 5.1, "trend_reference": 4.241048, "distance_from_trend": 0.202533, "trend_direction": "Improving", "fair_value": 3.789222, "distance_from_fair_value": 0.345923, "fair_value_direction": "Improving", "relative_strength": 11.186004, "relative_strength_direction": "Improving", "price_momentum": 0.326644, "excess_performance": 0.134319, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.202533, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.088844, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.345923, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.193217, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.11186, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.123275, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.326644, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.746748, "read": "Demand-led" } ], "volume": { "latest": 24506400, "relative_activity": 1.851667, "balance": 2.746748, "dry_up": 2.235434, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.028658, "annualized_volatility": 0.170847, "from_high_reference": -0.028571, "from_low_reference": 0.468532 }, "levels": { "trend_reference": 4.241048, "fair_value_reference": 3.789222, "structural_low": 3.844286, "invalidation": "A sustained 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4.18988 ] }, { "date": "2026-07-17", "close": 4.78, "volume": 28731600, "typical_volume": 10857455.0, "trend": 4.100619, "fair_value": 3.761803, "relative_strength": 3.046647, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.126631, "energy": 95.969056, "activity_lines": [ 4.589333, 4.473818, 4.327959, 4.236163 ] }, { "date": "2026-07-24", "close": 5.05, "volume": 38076500, "typical_volume": 11854420.0, "trend": 4.146381, "fair_value": 3.770829, "relative_strength": 8.464649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.614917, "energy": 98.49081, "activity_lines": [ 4.767333, 4.593455, 4.407143, 4.297413 ] }, { "date": "2026-07-31", "close": 5.15, "volume": 27027400, "typical_volume": 12657230.0, "trend": 4.194857, "fair_value": 3.780289, "relative_strength": 11.712538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.982533, "energy": 98.004877, "activity_lines": [ 4.931333, 4.716182, 4.490993, 4.362163 ] }, { "date": "2026-08-07", "close": 5.1, "volume": 24506400, "typical_volume": 13234780.0, "trend": 4.241048, "fair_value": 3.789222, "relative_strength": 11.186004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.905792, "energy": 93.540958, "activity_lines": [ 5.026, 4.812545, 4.56466, 4.420559 ] } ], "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." } } }