{ "ticker": { "uuid": "94a7f889-94ed-48aa-9e11-73809d7e7946", "symbol": "MFC", "name": "MFC Asset Management 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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 69.394, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": 22.32, "architecture_energy": 33.269, "architecture_maturity": 85.702, "architecture_confidence": 56.729, "architecture_tenure": "Established", "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": 32.07, "rotation_up": 54.16, "upward_expansion": 40.88, "deceleration": 36.54, "rotation_down": 14.16, "downward_expansion": 44.55 }, "activity_lines": [ 20.346667, 20.092727, 19.749687, 20.028098 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 20.799999, "trend_reference": 20.614614, "distance_from_trend": 0.008993, "trend_direction": "Weakening", "fair_value": 21.160938, "distance_from_fair_value": -0.017057, "fair_value_direction": "Improving", "relative_strength": -18.421021, "relative_strength_direction": "Improving", "price_momentum": -0.072601, "excess_performance": -0.264926, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.008993, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.05078, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.017057, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.094628, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.18421, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.140072, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.072601, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 3.282644, "read": "Demand-led" } ], "volume": { "latest": 133500, "relative_activity": 0.263646, "balance": 3.282644, "dry_up": 0.931847, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.025888, "annualized_volatility": 0.148321, "from_high_reference": -0.194006, "from_low_reference": 0.11828 }, "levels": { "trend_reference": 20.614614, "fair_value_reference": 21.160938, 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"gate": "down", "direction": -32.367477, "energy": 30.193554, "activity_lines": [ 19.713333, 19.514545, 19.583399, 20.170258 ] }, { "date": "2026-07-17", "close": 20.200001, "volume": 342700, "typical_volume": 458275.0, "trend": 20.939647, "fair_value": 21.109026, "relative_strength": -24.112482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.33736, "energy": 20.424911, "activity_lines": [ 19.893333, 19.672727, 19.596472, 20.117343 ] }, { "date": "2026-07-24", "close": 20.200001, "volume": 722500, "typical_volume": 491535.0, "trend": 20.859113, "fair_value": 21.123995, "relative_strength": -23.590925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.656225, "energy": 18.042499, "activity_lines": [ 20.0, 19.803637, 19.621497, 20.069624 ] }, { "date": "2026-07-31", "close": 20.1, "volume": 688700, "typical_volume": 516895.0, "trend": 20.684532, "fair_value": 21.139409, "relative_strength": -22.34595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.61908, "energy": 20.625316, "activity_lines": [ 20.066667, 19.894546, 19.647162, 20.020649 ] }, { "date": "2026-08-07", "close": 20.799999, "volume": 133500, "typical_volume": 506360.0, "trend": 20.614614, "fair_value": 21.160938, "relative_strength": -18.421021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 22.320357, "energy": 33.268992, "activity_lines": [ 20.346667, 20.092727, 19.749687, 20.028098 ] } ], "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." } } }