{ "ticker": { "uuid": "d7705283-b0c8-418d-b32b-18d5c8a26978", "symbol": "FORTH", "name": "Forth 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 63.374, "architecture_energy": 57.542, "architecture_maturity": 56.395, "architecture_confidence": 96, "architecture_tenure": "Established", "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": 10.99, "rotation_up": 56.52, "upward_expansion": 83.35, "deceleration": 57.95, "rotation_down": 24.29, "downward_expansion": 10.02 }, "activity_lines": [ 16.9, 16.270909, 14.794048, 13.029293 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 16.9, "trend_reference": 10.791154, "distance_from_trend": 0.566098, "trend_direction": "Improving", "fair_value": 12.453321, "distance_from_fair_value": 0.357068, "fair_value_direction": "Improving", "relative_strength": 64.695552, "relative_strength_direction": "Improving", "price_momentum": 2.109176, "excess_performance": 1.916851, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.566098, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.433515, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.357068, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.375285, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.646956, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.07615, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 2.109176, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.51917, "read": "Demand-led" } ], "volume": { "latest": 44860100, "relative_activity": 1.257713, "balance": 2.51917, "dry_up": 1.335041, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.124716, "annualized_volatility": 0.927573, "from_high_reference": -0.10582, "from_low_reference": 2.194749 }, "levels": { "trend_reference": 10.791154, "fair_value_reference": 12.453321, "structural_low": 5.823776, "invalidation": 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"activity_lines": [ 15.313333, 15.169091, 13.220618, 11.61852 ] }, { "date": "2026-07-24", "close": 17.0, "volume": 74236400, "typical_volume": 31612295.0, "trend": 10.001513, "fair_value": 12.602251, "relative_strength": 67.972305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.473277, "energy": 55.413399, "activity_lines": [ 15.9, 15.576364, 13.764762, 12.094905 ] }, { "date": "2026-07-31", "close": 18.0, "volume": 49328800, "typical_volume": 33765750.0, "trend": 10.415476, "fair_value": 12.532814, "relative_strength": 76.846373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.906246, "energy": 60.133894, "activity_lines": [ 16.686667, 16.067273, 14.357857, 12.610936 ] }, { "date": "2026-08-07", "close": 16.9, "volume": 44860100, "typical_volume": 35668005.0, "trend": 10.791154, "fair_value": 12.453321, "relative_strength": 64.695552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.373803, "energy": 57.542308, "activity_lines": [ 16.9, 16.270909, 14.794048, 13.029293 ] } ], "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." } } }