{ "ticker": { "uuid": "b831ee8b-d33f-435e-b133-6f667e866a89", "symbol": "LHRREIT", "name": "Land And Houses Residential Freehold And Leasehold Real Estate Investment Trust", "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": 74.91, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 55.738, "architecture_energy": 47.16, "architecture_maturity": 7.329, "architecture_confidence": 72.377, "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": 23.97, "rotation_up": 54.05, "upward_expansion": 85.42, "deceleration": 45.2, "rotation_down": 20.16, "downward_expansion": 9.75 }, "activity_lines": [ 4.394667, 4.384364, 4.374743, 4.343109 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 4.4, "trend_reference": 4.297863, "distance_from_trend": 0.023765, "trend_direction": "Weakening", "fair_value": 4.726492, "distance_from_fair_value": -0.069077, "fair_value_direction": "Improving", "relative_strength": -13.75926, "relative_strength_direction": "Improving", "price_momentum": 0.051808, "excess_performance": -0.140517, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.023765, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.001856, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.069077, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.04545, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.137593, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.031616, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.051808, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.762254, "read": "Supply-led" } ], "volume": { "latest": 353700, "relative_activity": 1.746624, "balance": 0.762254, "dry_up": 1.627491, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.017384, "annualized_volatility": 0.107622, "from_high_reference": -0.106032, "from_low_reference": 0.092262 }, "levels": { "trend_reference": 4.297863, "fair_value_reference": 4.726492, "structural_low": 4.047704, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.0, "positive_rate": 0.411765, "directional_follow_through": 0.411765, "median_excess_return": 0.014536, "regime_survival": 0.529412, "best_return": 0.072581, "worst_return": -0.05695, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.015747, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": 0.008537, "regime_survival": 0.25, "best_return": 0.162593, "worst_return": -0.136104, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.001205, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.08214, "regime_survival": 0.5, "best_return": 0.147267, "worst_return": -0.101872, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.095646, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.132092, "regime_survival": 0.333333, "best_return": 0.099872, "worst_return": -0.106333, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-17", "end": "2024-06-14", "tenure": "Developing", "return": -0.029577, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-10-18", "tenure": "Established", "return": 0.003928, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-12-20", "tenure": "Developing", "return": -0.001832, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": -0.018518, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-28", "tenure": "Developing", "return": -0.037736, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-05-23", "tenure": "Developing", "return": -0.022956, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-09-05", "tenure": "Established", "return": -0.005797, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-10-10", "tenure": "Developing", "return": -0.012346, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-11-14", "tenure": "Developing", "return": -0.020833, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-12-12", "tenure": "New", "return": 0.00214, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-04-10", "tenure": "Established", "return": -0.014799, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-07-24", "tenure": "Established", "return": 0.029917, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.78006, "volume": 128700, "typical_volume": 247170.0, "trend": 5.583564, "fair_value": 4.530923, "relative_strength": 15.021903, "stage": 2, "regime": "upward_expansion", "modifier": 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385000, "typical_volume": 178105.0, "trend": 4.292329, "fair_value": 4.755164, "relative_strength": -16.998677, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.862132, "energy": 18.934819, "activity_lines": [ 4.370667, 4.371494, 4.355691, 4.322377 ] }, { "date": "2026-07-24", "close": 4.4, "volume": 323400, "typical_volume": 180975.0, "trend": 4.292452, "fair_value": 4.745518, "relative_strength": -16.302346, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.064738, "energy": 37.26868, "activity_lines": [ 4.381333, 4.377273, 4.36315, 4.329323 ] }, { "date": "2026-07-31", "close": 4.4, "volume": 256200, "typical_volume": 189565.0, "trend": 4.293866, "fair_value": 4.736138, "relative_strength": -14.807412, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.989349, "energy": 42.96708, "activity_lines": [ 4.389333, 4.380727, 4.369485, 4.336262 ] }, { "date": "2026-08-07", "close": 4.4, "volume": 353700, "typical_volume": 202505.0, "trend": 4.297863, "fair_value": 4.726492, "relative_strength": -13.75926, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.738106, "energy": 47.159923, "activity_lines": [ 4.394667, 4.384364, 4.374743, 4.343109 ] } ], "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." } } }