{
  "ticker": {
    "uuid": "a6fb79ea-7c21-46d1-994a-886f20b509d0",
    "symbol": "TMILL",
    "name": "T S Flour Mill 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": "2a",
    "phase_label": "Stage 2A \u00b7 Early 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": 72.385,
    "architecture_energy": 68.19,
    "architecture_maturity": 51.785,
    "architecture_confidence": 80.072,
    "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": 2.42,
        "rotation_up": 76.22,
        "upward_expansion": 90.0,
        "deceleration": 58.94,
        "rotation_down": 15.44,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        2.682667,
        2.620727,
        2.477048,
        2.372498
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 2.7,
    "trend_reference": 2.249252,
    "distance_from_trend": 0.200399,
    "trend_direction": "Improving",
    "fair_value": 2.747454,
    "distance_from_fair_value": -0.017272,
    "fair_value_direction": "Improving",
    "relative_strength": 8.124346,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.342339,
    "excess_performance": 0.150014,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.200399,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.089667,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.017272,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.228507,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.081243,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.18058,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.342339,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.615826,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 144000,
      "relative_activity": 1.047463,
      "balance": 5.615826,
      "dry_up": 0.975996,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.044444,
      "annualized_volatility": 0.188503,
      "from_high_reference": -0.075342,
      "from_low_reference": 0.536232
    },
    "levels": {
      "trend_reference": 2.249252,
      "fair_value_reference": 2.747454,
      "structural_low": 1.757547,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 23,
        "median_return": 0.005155,
        "positive_rate": 0.565217,
        "directional_follow_through": 0.565217,
        "median_excess_return": 0.019106,
        "regime_survival": 0.73913,
        "best_return": 0.12037,
        "worst_return": -0.102103,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.012626,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": 0.006284,
        "regime_survival": 0.5,
        "best_return": 0.242718,
        "worst_return": -0.036007,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.006264,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.029433,
        "regime_survival": 0.4,
        "best_return": 0.06195,
        "worst_return": -0.00285,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.054174,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.115036,
        "regime_survival": 0.0,
        "best_return": 0.058923,
        "worst_return": 0.049426,
        "sufficient": false
      }
    ],
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        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-03-15",
        "end": "2024-06-14",
        "tenure": "Established",
        "return": 0.023774,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.05102,
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      },
      {
        "regime": "balance",
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      {
        "regime": "rotation_down",
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        "return": -0.027027,
        "active": false
      },
      {
        "regime": "downward_expansion",
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        "color": "red",
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        "tenure": "Extended",
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      {
        "regime": "balance",
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        "regime": "upward_expansion",
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        "end": "2025-10-03",
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        "return": 0.0,
        "active": false
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      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-11-07",
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        "typical_volume": 109075.0,
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        "relative_strength": -10.782115,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.006905,
        "energy": 15.597398,
        "activity_lines": [
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      },
      {
        "date": "2026-05-01",
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        "typical_volume": 153000.0,
        "trend": 2.03558,
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        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "trend": 2.036048,
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        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 156885.0,
        "trend": 2.039737,
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        "relative_strength": -9.967441,
        "stage": 1,
        "regime": "upward_expansion",
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        "energy": 50.59304,
        "activity_lines": [
          2.134667,
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          2.083904,
          2.06677
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 165895.0,
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        "energy": 78.776348,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 168900.0,
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        "regime": "upward_expansion",
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 172165.0,
        "trend": 2.077684,
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        "relative_strength": -5.631468,
        "stage": 1,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 166765.0,
        "trend": 2.091954,
        "fair_value": 2.798093,
        "relative_strength": -2.824985,
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        "modifier": "Early expansion",
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      },
      {
        "date": "2026-06-19",
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        "relative_strength": -1.241367,
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        "gate": "up",
        "direction": 78.693315,
        "energy": 90.427656,
        "activity_lines": [
          2.381333,
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          2.211852,
          2.163186
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      },
      {
        "date": "2026-06-26",
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        "volume": 146400,
        "typical_volume": 154025.0,
        "trend": 2.126774,
        "fair_value": 2.784239,
        "relative_strength": 5.773446,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.100873,
        "energy": 95.134314,
        "activity_lines": [
          2.44,
          2.360727,
          2.249439,
          2.191067
        ]
      },
      {
        "date": "2026-07-03",
        "close": 2.58,
        "volume": 7900,
        "typical_volume": 150160.0,
        "trend": 2.146377,
        "fair_value": 2.777663,
        "relative_strength": 2.980867,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.401493,
        "energy": 94.504932,
        "activity_lines": [
          2.5,
          2.413818,
          2.288319,
          2.220307
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      },
      {
        "date": "2026-07-10",
        "close": 2.56,
        "volume": 37100,
        "typical_volume": 136955.0,
        "trend": 2.162711,
        "fair_value": 2.770844,
        "relative_strength": 1.719947,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.960415,
        "energy": 89.273296,
        "activity_lines": [
          2.533333,
          2.453818,
          2.322587,
          2.246993
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      },
      {
        "date": "2026-07-17",
        "close": 2.58,
        "volume": 29300,
        "typical_volume": 134765.0,
        "trend": 2.181013,
        "fair_value": 2.764269,
        "relative_strength": 1.637325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.3264,
        "energy": 83.945869,
        "activity_lines": [
          2.558667,
          2.490182,
          2.356147,
          2.273915
        ]
      },
      {
        "date": "2026-07-24",
        "close": 2.74,
        "volume": 326600,
        "typical_volume": 144245.0,
        "trend": 2.204648,
        "fair_value": 2.758951,
        "relative_strength": 7.762099,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.456806,
        "energy": 73.497017,
        "activity_lines": [
          2.626667,
          2.547636,
          2.402238,
          2.309978
        ]
      },
      {
        "date": "2026-07-31",
        "close": 2.7,
        "volume": 36800,
        "typical_volume": 136465.0,
        "trend": 2.226299,
        "fair_value": 2.753145,
        "relative_strength": 7.436717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.721967,
        "energy": 68.739131,
        "activity_lines": [
          2.66,
          2.587273,
          2.441143,
          2.341936
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2.7,
        "volume": 144000,
        "typical_volume": 137475.0,
        "trend": 2.249252,
        "fair_value": 2.747454,
        "relative_strength": 8.124346,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.384777,
        "energy": 68.190112,
        "activity_lines": [
          2.682667,
          2.620727,
          2.477048,
          2.372498
        ]
      }
    ],
    "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."
    }
  }
}