{
  "ticker": {
    "uuid": "af866f68-a91a-4825-b2fd-62d175be6598",
    "symbol": "METCO",
    "name": "Muramoto Electron (Thailand) 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 66.508,
    "architecture_energy": 66.745,
    "architecture_maturity": 55.148,
    "architecture_confidence": 82.249,
    "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": 12.03,
        "rotation_up": 61.34,
        "upward_expansion": 85.33,
        "deceleration": 67.2,
        "rotation_down": 24.06,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        300.8,
        298.709091,
        291.733333,
        285.595735
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 298.0,
    "trend_reference": 278.193785,
    "distance_from_trend": 0.071196,
    "trend_direction": "Improving",
    "fair_value": 197.570644,
    "distance_from_fair_value": 0.508321,
    "fair_value_direction": "Improving",
    "relative_strength": 3.085364,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.177866,
    "excess_performance": -0.014459,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.071196,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.077291,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.508321,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.070464,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.030854,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.034865,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.177866,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.510949,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 48200,
      "relative_activity": 1.951022,
      "balance": 3.510949,
      "dry_up": 1.373204,
      "accumulation_observations": 6,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.017295,
      "annualized_volatility": 0.147453,
      "from_high_reference": -0.022951,
      "from_low_reference": 0.658679
    },
    "levels": {
      "trend_reference": 278.193785,
      "fair_value_reference": 197.570644,
      "structural_low": 245.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 23,
        "median_return": 0.009091,
        "positive_rate": 0.521739,
        "directional_follow_through": 0.521739,
        "median_excess_return": -0.007406,
        "regime_survival": 0.782609,
        "best_return": 0.148936,
        "worst_return": -0.091623,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.05079,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": -0.005329,
        "regime_survival": 0.5,
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        "worst_return": -0.138984,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.018237,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.007094,
        "regime_survival": 0.333333,
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        "worst_return": -0.284186,
        "sufficient": true
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      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "worst_return": -0.263071,
        "sufficient": false
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        "end": "2024-05-10",
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      {
        "regime": "rotation_up",
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      {
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
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      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "active": false
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      {
        "regime": "downward_expansion",
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        "end": "2025-03-14",
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        "active": false
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        "typical_volume": 84025.0,
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        "fair_value": 188.258492,
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      },
      {
        "date": "2026-05-01",
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      },
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        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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        "date": "2026-06-05",
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        "relative_strength": 7.741659,
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        "date": "2026-06-12",
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "stage": 2,
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        "direction": 68.554363,
        "energy": 88.802339,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "volume": 9500,
        "typical_volume": 38250.0,
        "trend": 269.422596,
        "fair_value": 194.078091,
        "relative_strength": 4.005155,
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      },
      {
        "date": "2026-07-10",
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        "volume": 30400,
        "typical_volume": 28525.0,
        "trend": 271.171184,
        "fair_value": 194.72535,
        "relative_strength": 3.379702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.377516,
        "energy": 88.210023,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 300.0,
        "volume": 34000,
        "typical_volume": 24865.0,
        "trend": 273.086439,
        "fair_value": 195.4152,
        "relative_strength": 3.577355,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.706159,
        "energy": 72.60336,
        "activity_lines": [
          296.2,
          294.2,
          285.585714,
          280.371168
        ]
      },
      {
        "date": "2026-07-24",
        "close": 305.0,
        "volume": 35000,
        "typical_volume": 23200.0,
        "trend": 275.048586,
        "fair_value": 196.147642,
        "relative_strength": 4.539791,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.682274,
        "energy": 74.820368,
        "activity_lines": [
          299.4,
          296.709091,
          288.104762,
          282.430107
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      },
      {
        "date": "2026-07-31",
        "close": 303.0,
        "volume": 18500,
        "typical_volume": 23205.0,
        "trend": 276.88418,
        "fair_value": 196.867263,
        "relative_strength": 4.564571,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.244846,
        "energy": 70.320215,
        "activity_lines": [
          301.266667,
          298.345455,
          290.252381,
          284.233424
        ]
      },
      {
        "date": "2026-08-07",
        "close": 298.0,
        "volume": 48200,
        "typical_volume": 24705.0,
        "trend": 278.193785,
        "fair_value": 197.570644,
        "relative_strength": 3.085364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.507555,
        "energy": 66.74455,
        "activity_lines": [
          300.8,
          298.709091,
          291.733333,
          285.595735
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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."
    }
  }
}