{
  "ticker": {
    "uuid": "8aef9efa-2c4f-4a00-aa7a-a5890c726884",
    "symbol": "AFC",
    "name": "Asia Fiber 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": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 66.617,
    "architecture_energy": 80.461,
    "architecture_maturity": 32.0,
    "architecture_confidence": 84.855,
    "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": 10.66,
        "rotation_up": 75.52,
        "upward_expansion": 92.01,
        "deceleration": 47.35,
        "rotation_down": 10.17,
        "downward_expansion": 18.68
      },
      "activity_lines": [
        4.809333,
        4.584,
        4.162952,
        3.892602
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 4.74,
    "trend_reference": 3.616667,
    "distance_from_trend": 0.310599,
    "trend_direction": "Improving",
    "fair_value": 4.422244,
    "distance_from_fair_value": 0.071854,
    "fair_value_direction": "Improving",
    "relative_strength": 10.216095,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.445122,
    "excess_performance": 0.252797,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.310599,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.06456,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.071854,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.376773,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.102161,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.344644,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.445122,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 6.869773,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 13900,
      "relative_activity": 0.311136,
      "balance": 6.869773,
      "dry_up": 0.766648,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.070756,
      "annualized_volatility": 0.319704,
      "from_high_reference": -0.088462,
      "from_low_reference": 0.680851
    },
    "levels": {
      "trend_reference": 3.616667,
      "fair_value_reference": 4.422244,
      "structural_low": 2.82,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": -0.066667,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.285714,
        "median_excess_return": -0.056448,
        "regime_survival": 0.571429,
        "best_return": 0.123223,
        "worst_return": -0.140496,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.068966,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.031312,
        "regime_survival": 0.333333,
        "best_return": 0.126511,
        "worst_return": -0.226496,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.137595,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.159626,
        "regime_survival": 0.0,
        "best_return": -0.128639,
        "worst_return": -0.146552,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.21092,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.183691,
        "regime_survival": 0.5,
        "best_return": 0.060345,
        "worst_return": -0.482185,
        "sufficient": false
      }
    ],
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        "label": "Rotation Up",
        "color": "teal",
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        "end": "2024-03-22",
        "tenure": "New",
        "return": -0.17686,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "Established",
        "return": -0.075472,
        "active": false
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      {
        "regime": "rotation_down",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "tenure": "Developing",
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      {
        "regime": "balance",
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      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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      {
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        "active": false
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      {
        "regime": "deceleration",
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        "end": "2025-11-07",
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      {
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        "regime": "upward_expansion",
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        "fair_value": 4.626218,
        "relative_strength": -23.510006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.299435,
        "energy": 30.083463,
        "activity_lines": [
          3.094667,
          3.079273,
          3.150952,
          3.270452
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      },
      {
        "date": "2026-05-08",
        "close": 3.2,
        "volume": 12700,
        "typical_volume": 30895.0,
        "trend": 3.413333,
        "fair_value": 4.603782,
        "relative_strength": -24.248332,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.310403,
        "energy": 19.794487,
        "activity_lines": [
          3.142667,
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          3.145333,
          3.255183
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      },
      {
        "date": "2026-05-15",
        "close": 3.64,
        "volume": 278100,
        "typical_volume": 44600.0,
        "trend": 3.406667,
        "fair_value": 4.586731,
        "relative_strength": -14.345359,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 15.81095,
        "energy": 23.874818,
        "activity_lines": [
          3.322667,
          3.2,
          3.18381,
          3.269806
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      },
      {
        "date": "2026-05-22",
        "close": 3.6,
        "volume": 70100,
        "typical_volume": 48070.0,
        "trend": 3.397333,
        "fair_value": 4.566218,
        "relative_strength": -15.962334,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 36.962136,
        "energy": 42.266119,
        "activity_lines": [
          3.445333,
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          3.218381,
          3.28228
        ]
      },
      {
        "date": "2026-05-29",
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        "volume": 74400,
        "typical_volume": 49550.0,
        "trend": 3.397333,
        "fair_value": 4.547628,
        "relative_strength": -12.544629,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 45.363752,
        "energy": 67.962502,
        "activity_lines": [
          3.597333,
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          3.272095,
          3.308258
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      },
      {
        "date": "2026-06-05",
        "close": 3.64,
        "volume": 300,
        "typical_volume": 47220.0,
        "trend": 3.392667,
        "fair_value": 4.527372,
        "relative_strength": -16.466818,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.455303,
        "energy": 65.042661,
        "activity_lines": [
          3.645333,
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          3.309429,
          3.323914
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      },
      {
        "date": "2026-06-12",
        "close": 3.82,
        "volume": 6000,
        "typical_volume": 46655.0,
        "trend": 3.396,
        "fair_value": 4.509872,
        "relative_strength": -12.359917,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
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        "energy": 71.989394,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "volume": 0,
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        "trend": 3.403333,
        "fair_value": 4.494679,
        "relative_strength": -9.21964,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 49.086067,
        "energy": 72.891921,
        "activity_lines": [
          3.786667,
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          3.420476,
          3.38271
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      },
      {
        "date": "2026-06-26",
        "close": 3.94,
        "volume": 29800,
        "typical_volume": 47220.0,
        "trend": 3.408667,
        "fair_value": 4.479872,
        "relative_strength": -5.422857,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 74.659854,
        "energy": 75.016469,
        "activity_lines": [
          3.850667,
          3.724364,
          3.481238,
          3.417333
        ]
      },
      {
        "date": "2026-07-03",
        "close": 4.22,
        "volume": 7600,
        "typical_volume": 39140.0,
        "trend": 3.421333,
        "fair_value": 4.466859,
        "relative_strength": -2.585656,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.789928,
        "energy": 88.823895,
        "activity_lines": [
          3.985333,
          3.840727,
          3.565524,
          3.469677
        ]
      },
      {
        "date": "2026-07-10",
        "close": 4.62,
        "volume": 69300,
        "typical_volume": 40595.0,
        "trend": 3.451333,
        "fair_value": 4.45641,
        "relative_strength": 6.288322,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.998658,
        "energy": 94.125058,
        "activity_lines": [
          4.225333,
          4.008364,
          3.682952,
          3.547011
        ]
      },
      {
        "date": "2026-07-17",
        "close": 4.96,
        "volume": 93100,
        "typical_volume": 44160.0,
        "trend": 3.494667,
        "fair_value": 4.4475,
        "relative_strength": 12.912013,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.073607,
        "energy": 96.402042,
        "activity_lines": [
          4.513333,
          4.212727,
          3.825524,
          3.644344
        ]
      },
      {
        "date": "2026-07-24",
        "close": 4.98,
        "volume": 16700,
        "typical_volume": 44850.0,
        "trend": 3.54,
        "fair_value": 4.439359,
        "relative_strength": 13.134169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.468956,
        "energy": 94.574317,
        "activity_lines": [
          4.732,
          4.388727,
          3.96181,
          3.740172
        ]
      },
      {
        "date": "2026-07-31",
        "close": 4.74,
        "volume": 13300,
        "typical_volume": 45025.0,
        "trend": 3.577333,
        "fair_value": 4.430962,
        "relative_strength": 9.172392,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.299186,
        "energy": 87.630041,
        "activity_lines": [
          4.797333,
          4.496727,
          4.066381,
          3.817591
        ]
      },
      {
        "date": "2026-08-07",
        "close": 4.74,
        "volume": 13900,
        "typical_volume": 44675.0,
        "trend": 3.616667,
        "fair_value": 4.422244,
        "relative_strength": 10.216095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.617473,
        "energy": 80.461471,
        "activity_lines": [
          4.809333,
          4.584,
          4.162952,
          3.892602
        ]
      }
    ],
    "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."
    }
  }
}