{ "ticker": { "uuid": "b1e5e165-db2f-44e9-8650-883c8915bf1c", "symbol": "FTI", "name": "Function International 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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 53.122, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": -9.086, "architecture_energy": 8.695, "architecture_maturity": 46.947, "architecture_confidence": 41.584, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 59.98, "rotation_up": 27.8, "upward_expansion": 24.24, "deceleration": 59.89, "rotation_down": 41.15, "downward_expansion": 30.91 }, "activity_lines": [ 1.780667, 1.795455, 1.786286, 1.782144 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 1.74, "trend_reference": 1.788184, "distance_from_trend": -0.026946, "trend_direction": "Weakening", "fair_value": 1.870312, "distance_from_fair_value": -0.069674, "fair_value_direction": "Improving", "relative_strength": -17.121519, "relative_strength_direction": "Improving", "price_momentum": -0.066649, "excess_performance": -0.258974, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.026946, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.001494, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.069674, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.024806, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.171215, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.026776, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.066649, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.840492, "read": "Supply-led" } ], "volume": { "latest": 155500, "relative_activity": 1.550349, "balance": 0.840492, "dry_up": 1.382851, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.062776, "annualized_volatility": 0.230066, "from_high_reference": -0.117476, "from_low_reference": 0.145178 }, "levels": { "trend_reference": 1.788184, "fair_value_reference": 1.870312, 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1.83, 1.801636, 1.78599, 1.787415 ] }, { "date": "2026-07-17", "close": 1.79, "volume": 269400, "typical_volume": 130035.0, "trend": 1.802473, "fair_value": 1.871436, "relative_strength": -17.396956, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.060513, "energy": 24.345366, "activity_lines": [ 1.820667, 1.803818, 1.787994, 1.786324 ] }, { "date": "2026-07-24", "close": 1.78, "volume": 115100, "typical_volume": 112785.0, "trend": 1.798038, "fair_value": 1.871083, "relative_strength": -17.6108, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.245347, "energy": 16.070833, "activity_lines": [ 1.808667, 1.802545, 1.788238, 1.784874 ] }, { "date": "2026-07-31", "close": 1.81, "volume": 14800, "typical_volume": 99570.0, "trend": 1.794277, "fair_value": 1.870922, "relative_strength": -14.806874, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.960851, "energy": 10.008461, "activity_lines": [ 1.806, 1.805455, 1.790857, 1.785646 ] }, { "date": "2026-08-07", "close": 1.74, "volume": 155500, "typical_volume": 100300.0, "trend": 1.788184, "fair_value": 1.870312, "relative_strength": -17.121519, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.0861, "energy": 8.694577, "activity_lines": [ 1.780667, 1.795455, 1.786286, 1.782144 ] } ], "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." } } }