{
  "ticker": {
    "uuid": "c32e3226-1ec3-4ea8-bf8a-e4f7facb6889",
    "symbol": "WP",
    "name": "WP Energy 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": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 63.886,
    "architecture_energy": 51.129,
    "architecture_maturity": 34.352,
    "architecture_confidence": 69.948,
    "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": 8.7,
        "rotation_up": 62.26,
        "upward_expansion": 83.21,
        "deceleration": 60.74,
        "rotation_down": 19.36,
        "downward_expansion": 7.55
      },
      "activity_lines": [
        3.716,
        3.695273,
        3.63612,
        3.594666
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": 0.833333
    },
    "latest_close": 3.72,
    "trend_reference": 3.547825,
    "distance_from_trend": 0.04853,
    "trend_direction": "Improving",
    "fair_value": 3.226092,
    "distance_from_fair_value": 0.153098,
    "fair_value_direction": "Improving",
    "relative_strength": -9.236247,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.068481,
    "excess_performance": -0.123844,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.04853,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.016707,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.153098,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.038064,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.092362,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.018533,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.068481,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.879748,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 472600,
      "relative_activity": 0.591227,
      "balance": 0.879748,
      "dry_up": 0.605926,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.023573,
      "annualized_volatility": 0.093506,
      "from_high_reference": -0.015873,
      "from_low_reference": 0.109576
    },
    "levels": {
      "trend_reference": 3.547825,
      "fair_value_reference": 3.226092,
      "structural_low": 3.389474,
      "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": 13,
        "median_return": -0.005181,
        "positive_rate": 0.384615,
        "directional_follow_through": 0.384615,
        "median_excess_return": -0.017291,
        "regime_survival": 0.769231,
        "best_return": 0.109195,
        "worst_return": -0.16,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.071181,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.055368,
        "regime_survival": 0.25,
        "best_return": 0.176471,
        "worst_return": -0.159664,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.062828,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.092559,
        "regime_survival": 0.0,
        "best_return": 0.111765,
        "worst_return": -0.159664,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.150354,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.162138,
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        "best_return": 0.136807,
        "worst_return": -0.185495,
        "sufficient": false
      }
    ],
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        "regime": "balance",
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        "end": "2024-02-16",
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      {
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      {
        "regime": "deceleration",
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        "regime": "downward_expansion",
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        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "active": false
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        "active": false
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        "regime": "rotation_up",
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      {
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        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-04-24",
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      },
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 3.210293,
        "relative_strength": -11.628139,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.229447,
        "energy": 79.953109,
        "activity_lines": [
          3.676,
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      },
      {
        "date": "2026-07-17",
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        "volume": 356900,
        "typical_volume": 818125.0,
        "trend": 3.524649,
        "fair_value": 3.21382,
        "relative_strength": -11.753976,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.578836,
        "energy": 83.34489,
        "activity_lines": [
          3.702667,
          3.650545,
          3.592449,
          3.559555
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3.68,
        "volume": 646500,
        "typical_volume": 828485.0,
        "trend": 3.531263,
        "fair_value": 3.217192,
        "relative_strength": -12.583631,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.427124,
        "energy": 72.799581,
        "activity_lines": [
          3.702667,
          3.662545,
          3.605018,
          3.569578
        ]
      },
      {
        "date": "2026-07-31",
        "close": 3.74,
        "volume": 461400,
        "typical_volume": 807935.0,
        "trend": 3.539877,
        "fair_value": 3.221251,
        "relative_strength": -9.73711,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.77971,
        "energy": 58.905706,
        "activity_lines": [
          3.713333,
          3.682545,
          3.62218,
          3.583045
        ]
      },
      {
        "date": "2026-08-07",
        "close": 3.72,
        "volume": 472600,
        "typical_volume": 799355.0,
        "trend": 3.547825,
        "fair_value": 3.226092,
        "relative_strength": -9.236247,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.88639,
        "energy": 51.129333,
        "activity_lines": [
          3.716,
          3.695273,
          3.63612,
          3.594666
        ]
      }
    ],
    "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."
    }
  }
}