{ "ticker": { "uuid": "b2d3da90-faf4-4a2e-a0ad-09de9aec7cdf", "symbol": "IRCP", "name": "International Research Corporation 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": 67.263, "architecture_energy": 78.14, "architecture_maturity": 14.884, "architecture_confidence": 65.542, "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": 17.02, "rotation_up": 80.96, "upward_expansion": 95.87, "deceleration": 39.02, "rotation_down": 8.39, "downward_expansion": 17.87 }, "activity_lines": [ 0.309333, 0.292364, 0.276762, 0.271183 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 0.31, "trend_reference": 0.267, "distance_from_trend": 0.161049, "trend_direction": "Weakening", "fair_value": 0.474056, "distance_from_fair_value": -0.346068, "fair_value_direction": "Improving", "relative_strength": -11.010999, "relative_strength_direction": "Improving", "price_momentum": 0.192308, "excess_performance": -1.7e-05, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.161049, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.009889, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.346068, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.149974, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.11011, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.201749, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.192308, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.528414, "read": "Demand-led" } ], "volume": { "latest": 3922700, "relative_activity": 0.985052, "balance": 5.528414, "dry_up": 2.374188, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.084367, "annualized_volatility": 0.273815, "from_high_reference": -0.367347, "from_low_reference": 0.291667 }, "levels": { "trend_reference": 0.267, "fair_value_reference": 0.474056, "structural_low": 0.24, "invalidation": "A 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"gate": "down", "direction": -5.941756, "energy": 3.192244, "activity_lines": [ 0.259333, 0.258364, 0.25681, 0.259118 ] }, { "date": "2026-07-10", "close": 0.27, "volume": 11941300, "typical_volume": 2666455.0, "trend": 0.263667, "fair_value": 0.485321, "relative_strength": -25.639165, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.912156, "energy": 9.947666, "activity_lines": [ 0.263333, 0.260545, 0.257952, 0.259462 ] }, { "date": "2026-07-17", "close": 0.29, "volume": 8528200, "typical_volume": 3002655.0, "trend": 0.263667, "fair_value": 0.482484, "relative_strength": -20.150487, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.865791, "energy": 40.297331, "activity_lines": [ 0.273333, 0.266182, 0.261, 0.261161 ] }, { "date": "2026-07-24", "close": 0.32, "volume": 16759600, "typical_volume": 3538680.0, "trend": 0.265, "fair_value": 0.479593, "relative_strength": -11.362328, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 57.146849, "energy": 67.873481, "activity_lines": [ 0.290667, 0.276727, 0.26681, 0.264796 ] }, { "date": "2026-07-31", "close": 0.32, "volume": 8607700, "typical_volume": 3929720.0, "trend": 0.266, "fair_value": 0.476887, "relative_strength": -9.51539, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 78.466112, "energy": 81.610141, "activity_lines": [ 0.304, 0.286, 0.272381, 0.268344 ] }, { "date": "2026-08-07", "close": 0.31, "volume": 3922700, "typical_volume": 3982225.0, "trend": 0.267, "fair_value": 0.474056, "relative_strength": -11.010999, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.263268, "energy": 78.139526, "activity_lines": [ 0.309333, 0.292364, 0.276762, 0.271183 ] } ], "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." } } }