{
  "ticker": {
    "uuid": "7be32652-2682-4811-8287-fb00dc7b2e6b",
    "symbol": "LALIN",
    "name": "Lalin Property 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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 67.643,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -24.165,
    "architecture_energy": 26.692,
    "architecture_maturity": 100.0,
    "architecture_confidence": 65.011,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 56.75,
        "rotation_up": 37.3,
        "upward_expansion": 18.91,
        "deceleration": 46.99,
        "rotation_down": 17.87,
        "downward_expansion": 52.91
      },
      "activity_lines": [
        4.396,
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        4.371143,
        4.411753
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 4.4,
    "trend_reference": 4.46746,
    "distance_from_trend": -0.0151,
    "trend_direction": "Weakening",
    "fair_value": 5.497056,
    "distance_from_fair_value": -0.199572,
    "fair_value_direction": "Improving",
    "relative_strength": -17.836886,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.039994,
    "excess_performance": -0.232319,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.0151,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.025751,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.199572,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.033751,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.178369,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.013058,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.039994,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.7922,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 145700,
      "relative_activity": 0.758499,
      "balance": 0.7922,
      "dry_up": 0.995757,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.013636,
      "annualized_volatility": 0.076112,
      "from_high_reference": -0.116422,
      "from_low_reference": 0.032864
    },
    "levels": {
      "trend_reference": 4.46746,
      "fair_value_reference": 5.497056,
      "structural_low": 4.26,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 33,
        "median_return": -0.00905,
        "positive_rate": 0.393939,
        "directional_follow_through": 0.606061,
        "median_excess_return": -0.008958,
        "regime_survival": 0.878788,
        "best_return": 0.100831,
        "worst_return": -0.095891,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.018405,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.636364,
        "median_excess_return": -0.039495,
        "regime_survival": 0.636364,
        "best_return": 0.060842,
        "worst_return": -0.171233,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.040309,
        "positive_rate": 0.142857,
        "directional_follow_through": 0.857143,
        "median_excess_return": -0.066749,
        "regime_survival": 0.714286,
        "best_return": 0.063309,
        "worst_return": -0.153505,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.114182,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.088503,
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        "best_return": 0.050031,
        "worst_return": -0.212074,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-03-10",
        "end": "2023-06-16",
        "tenure": "Established",
        "return": -0.001071,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2023-07-14",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "tenure": "Developing",
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
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      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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      {
        "regime": "deceleration",
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        "end": "2023-10-27",
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        "active": false
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        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
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      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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      },
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        "date": "2026-04-17",
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        "date": "2026-07-03",
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        "relative_strength": -21.632589,
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      },
      {
        "date": "2026-07-17",
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        "volume": 344700,
        "typical_volume": 216695.0,
        "trend": 4.490303,
        "fair_value": 5.552206,
        "relative_strength": -20.167289,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.236564,
        "energy": 36.411044,
        "activity_lines": [
          4.352,
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          4.377174,
          4.427759
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      },
      {
        "date": "2026-07-24",
        "close": 4.42,
        "volume": 139000,
        "typical_volume": 208755.0,
        "trend": 4.48357,
        "fair_value": 5.533862,
        "relative_strength": -19.893419,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.81996,
        "energy": 29.118678,
        "activity_lines": [
          4.382667,
          4.353455,
          4.376197,
          4.423223
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      },
      {
        "date": "2026-07-31",
        "close": 4.38,
        "volume": 135700,
        "typical_volume": 206160.0,
        "trend": 4.474215,
        "fair_value": 5.515528,
        "relative_strength": -19.218938,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.472719,
        "energy": 26.579464,
        "activity_lines": [
          4.389333,
          4.359273,
          4.372095,
          4.416541
        ]
      },
      {
        "date": "2026-08-07",
        "close": 4.4,
        "volume": 145700,
        "typical_volume": 192090.0,
        "trend": 4.46746,
        "fair_value": 5.497056,
        "relative_strength": -17.836886,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.165366,
        "energy": 26.691677,
        "activity_lines": [
          4.396,
          4.368727,
          4.371143,
          4.411753
        ]
      }
    ],
    "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."
    }
  }
}