{
  "ticker": {
    "uuid": "a4a2aac9-5f40-43ac-885c-dbbe246dc8ca",
    "symbol": "LEO",
    "name": "Leo Global Logistics 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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 64.778,
    "architecture_energy": 54.899,
    "architecture_maturity": 7.003,
    "architecture_confidence": 66.972,
    "architecture_tenure": "New",
    "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": 17.86,
        "rotation_up": 69.16,
        "upward_expansion": 84.98,
        "deceleration": 48.16,
        "rotation_down": 12.06,
        "downward_expansion": 9.32
      },
      "activity_lines": [
        1.936,
        1.910364,
        1.856381,
        1.840941
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 1.95,
    "trend_reference": 1.835228,
    "distance_from_trend": 0.062538,
    "trend_direction": "Improving",
    "fair_value": 2.899683,
    "distance_from_fair_value": -0.327513,
    "fair_value_direction": "Improving",
    "relative_strength": -10.790968,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.072197,
    "excess_performance": -0.120128,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.062538,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.000664,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.327513,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.136676,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.10791,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.120211,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.072197,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 13.374765,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 522400,
      "relative_activity": 0.580535,
      "balance": 13.374765,
      "dry_up": 2.169504,
      "accumulation_observations": 4,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.048126,
      "annualized_volatility": 0.159083,
      "from_high_reference": -0.187205,
      "from_low_reference": 0.181818
    },
    "levels": {
      "trend_reference": 1.835228,
      "fair_value_reference": 2.899683,
      "structural_low": 1.65,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
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        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
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        "sufficient": false
      },
      {
        "horizon": "Extended",
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        "sufficient": false
      },
      {
        "horizon": "Full cycle",
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        "sufficient": false
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      {
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        "trend": 1.8895,
        "fair_value": 3.353637,
        "relative_strength": -22.071208,
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      },
      {
        "date": "2026-04-17",
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      },
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        "date": "2026-04-24",
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      },
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      },
      {
        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 824275.0,
        "trend": 1.830304,
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        "date": "2026-06-19",
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        "gate": "mixed",
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 728570.0,
        "trend": 1.828844,
        "fair_value": 3.051436,
        "relative_strength": -15.473759,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 17.727595,
        "energy": 31.388487,
        "activity_lines": [
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          1.806697
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 675930.0,
        "trend": 1.827641,
        "fair_value": 3.023891,
        "relative_strength": -17.576786,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.548977,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 3288000,
        "typical_volume": 683195.0,
        "trend": 1.827772,
        "fair_value": 2.995756,
        "relative_strength": -15.655886,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.899444,
        "energy": 48.871338,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 1.93,
        "volume": 5269700,
        "typical_volume": 895825.0,
        "trend": 1.830192,
        "fair_value": 2.971478,
        "relative_strength": -14.640251,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.116161,
        "energy": 45.481196,
        "activity_lines": [
          1.891333,
          1.861818,
          1.819238,
          1.819971
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.95,
        "volume": 1587600,
        "typical_volume": 909855.0,
        "trend": 1.831989,
        "fair_value": 2.947047,
        "relative_strength": -13.475444,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 43.506976,
        "energy": 49.3452,
        "activity_lines": [
          1.915333,
          1.884182,
          1.833095,
          1.8277
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.92,
        "volume": 429300,
        "typical_volume": 901605.0,
        "trend": 1.832786,
        "fair_value": 2.922987,
        "relative_strength": -13.272693,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 59.735839,
        "energy": 52.564641,
        "activity_lines": [
          1.923333,
          1.896545,
          1.843524,
          1.833378
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.95,
        "volume": 522400,
        "typical_volume": 899860.0,
        "trend": 1.835228,
        "fair_value": 2.899683,
        "relative_strength": -10.790968,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.77818,
        "energy": 54.899183,
        "activity_lines": [
          1.936,
          1.910364,
          1.856381,
          1.840941
        ]
      }
    ],
    "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."
    }
  }
}