{
  "ticker": {
    "uuid": "7d44131d-8e06-4515-a937-e3b58e34334c",
    "symbol": "IT",
    "name": "IT City 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": "2c",
    "phase_label": "Stage 2C \u00b7 Late 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": 74.232,
    "architecture_energy": 90.621,
    "architecture_maturity": 56.0,
    "architecture_confidence": 83.002,
    "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": 85.65,
        "upward_expansion": 99.88,
        "deceleration": 39.03,
        "rotation_down": 8.07,
        "downward_expansion": 21.88
      },
      "activity_lines": [
        8.143333,
        7.372727,
        6.415057,
        5.754327
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 8.25,
    "trend_reference": 4.9347,
    "distance_from_trend": 0.671834,
    "trend_direction": "Improving",
    "fair_value": 3.711278,
    "distance_from_fair_value": 1.222954,
    "fair_value_direction": "Improving",
    "relative_strength": 67.153172,
    "relative_strength_direction": "Improving",
    "price_momentum": 1.539243,
    "excess_performance": 1.346918,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.671834,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.310666,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.222954,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.715002,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.671532,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.410151,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.539243,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 6.403265,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1122900,
      "relative_activity": 0.787003,
      "balance": 6.403265,
      "dry_up": 3.262867,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.074499,
      "annualized_volatility": 0.482801,
      "from_high_reference": -0.12234,
      "from_low_reference": 1.713816
    },
    "levels": {
      "trend_reference": 4.9347,
      "fair_value_reference": 3.711278,
      "structural_low": 3.23,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 21,
        "median_return": -0.004808,
        "positive_rate": 0.47619,
        "directional_follow_through": 0.47619,
        "median_excess_return": -0.026669,
        "regime_survival": 0.714286,
        "best_return": 0.89928,
        "worst_return": -0.23913,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.047915,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
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        "regime_survival": 0.25,
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        "worst_return": -0.551019,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.057692,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.1255,
        "regime_survival": 0.0,
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        "worst_return": -0.670136,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.034457,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.097914,
        "regime_survival": 0.0,
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        "worst_return": -0.031612,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-11",
        "end": "2024-11-08",
        "tenure": "Developing",
        "return": 0.105769,
        "active": false
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      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "New",
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      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "active": false
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "tenure": "Established",
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      {
        "regime": "balance",
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      {
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        "regime": "deceleration",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 980645.0,
        "trend": 4.433633,
        "fair_value": 3.607087,
        "relative_strength": 68.040061,
        "stage": 2,
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        "modifier": "Established expansion",
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        "energy": 78.16389,
        "activity_lines": [
          6.703333,
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          5.519281,
          5.035381
        ]
      },
      {
        "date": "2026-07-24",
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        "volume": 7915600,
        "typical_volume": 1351960.0,
        "trend": 4.603433,
        "fair_value": 3.64409,
        "relative_strength": 72.147925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.433568,
        "energy": 86.149814,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 8.3,
        "volume": 865500,
        "typical_volume": 1378310.0,
        "trend": 4.769267,
        "fair_value": 3.680344,
        "relative_strength": 69.452863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.673525,
        "energy": 91.631845,
        "activity_lines": [
          7.856667,
          7.06,
          6.144281,
          5.529763
        ]
      },
      {
        "date": "2026-08-07",
        "close": 8.25,
        "volume": 1122900,
        "typical_volume": 1426805.0,
        "trend": 4.9347,
        "fair_value": 3.711278,
        "relative_strength": 67.153172,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.232397,
        "energy": 90.620758,
        "activity_lines": [
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          5.754327
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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."
    }
  }
}