{ "ticker": { "uuid": "cd36f893-4c65-42a2-9f24-7004aeee0aba", "symbol": "THG", "name": "Thonburi Healthcare Group 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 84.625, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -43.046, "architecture_energy": 31.285, "architecture_maturity": 59.359, "architecture_confidence": 83.174, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 35.99, "rotation_up": 26.34, "upward_expansion": 15.98, "deceleration": 45.81, "rotation_down": 34.99, "downward_expansion": 63.65 }, "activity_lines": [ 7.533333, 7.507273, 7.651667, 7.86267 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 7.7, "trend_reference": 8.142345, "distance_from_trend": -0.054327, "trend_direction": "Weakening", "fair_value": 23.248434, "distance_from_fair_value": -0.668795, "fair_value_direction": "Improving", "relative_strength": -16.645506, "relative_strength_direction": "Improving", "price_momentum": -0.100032, "excess_performance": -0.292357, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.054327, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.028873, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.668795, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.050541, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.166455, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.008406, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.100032, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.099769, "read": "Demand-led" } ], "volume": { "latest": 14743700, "relative_activity": 2.819869, "balance": 1.099769, "dry_up": 1.569636, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.045954, "annualized_volatility": 0.261097, "from_high_reference": -0.209119, "from_low_reference": 0.273126 }, "levels": { "trend_reference": 8.142345, "fair_value_reference": 23.248434, "structural_low": 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"volume": 2714300, "typical_volume": 4637410.0, "trend": 8.179069, "fair_value": 23.612866, "relative_strength": -20.570493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.156655, "energy": 42.065802, "activity_lines": [ 7.47, 7.473636, 7.671905, 7.893578 ] }, { "date": "2026-08-07", "close": 7.7, "volume": 14743700, "typical_volume": 5228505.0, "trend": 8.142345, "fair_value": 23.248434, "relative_strength": -16.645506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.046006, "energy": 31.285036, "activity_lines": [ 7.533333, 7.507273, 7.651667, 7.86267 ] } ], "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." } } }