{ "ticker": { "uuid": "c1b0d276-3476-49c4-9364-b9b383706d87", "symbol": "DREIT", "name": "Dusit Thani 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 49.325, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 74.09, "architecture_energy": 66.778, "architecture_maturity": 15.385, "architecture_confidence": 65.956, "architecture_tenure": "Developing", "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": 5.76, "rotation_up": 73.39, "upward_expansion": 88.27, "deceleration": 45.96, "rotation_down": 12.15, "downward_expansion": 12.6 }, "activity_lines": [ 4.957333, 4.921818, 4.860381, 4.832212 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 5.0, "trend_reference": 4.797031, "distance_from_trend": 0.042311, "trend_direction": "Improving", "fair_value": 4.463821, "distance_from_fair_value": 0.120117, "fair_value_direction": "Improving", "relative_strength": -9.116645, "relative_strength_direction": "Improving", "price_momentum": 0.057431, "excess_performance": -0.134895, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.042311, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.015188, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.120117, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.056294, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.091166, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.031685, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.057431, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.370295, "read": "Demand-led" } ], "volume": { "latest": 399300, "relative_activity": 1.275698, "balance": 3.370295, "dry_up": 1.567786, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.019077, "annualized_volatility": 0.097342, "from_high_reference": -0.132907, "from_low_reference": 0.139484 }, "levels": { "trend_reference": 4.797031, "fair_value_reference": 4.463821, "structural_low": 4.64, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 33, "median_return": -0.004082, "positive_rate": 0.393939, "directional_follow_through": 0.393939, "median_excess_return": 0.004197, "regime_survival": 0.69697, "best_return": 0.070796, "worst_return": -0.107438, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.0, "positive_rate": 0.384615, "directional_follow_through": 0.384615, "median_excess_return": 0.035996, "regime_survival": 0.461538, "best_return": 0.121524, "worst_return": -0.183471, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.019553, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.039003, "regime_survival": 0.5, "best_return": 0.159481, "worst_return": -0.157455, "sufficient": true }, { "horizon": 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-12.002759, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.321723, "energy": 77.309386, "activity_lines": [ 4.909333, 4.863273, 4.816143, 4.798555 ] }, { "date": "2026-07-24", "close": 4.92, "volume": 530900, "typical_volume": 317060.0, "trend": 4.779646, "fair_value": 4.460879, "relative_strength": -12.661041, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.140351, "energy": 73.167379, "activity_lines": [ 4.921333, 4.879636, 4.828762, 4.808188 ] }, { "date": "2026-07-31", "close": 4.94, "volume": 543700, "typical_volume": 303745.0, "trend": 4.787979, "fair_value": 4.462032, "relative_strength": -11.035265, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.553615, "energy": 70.127421, "activity_lines": [ 4.933333, 4.897091, 4.84219, 4.818533 ] }, { "date": "2026-08-07", "close": 5.0, "volume": 399300, "typical_volume": 313005.0, "trend": 4.797031, "fair_value": 4.463821, "relative_strength": -9.116645, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.090185, "energy": 66.778176, "activity_lines": [ 4.957333, 4.921818, 4.860381, 4.832212 ] } ], "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." } } }