{
  "ticker": {
    "uuid": "ece8e207-f1d1-4deb-9716-4ef714ed3e65",
    "symbol": "WHART",
    "name": "WHA Premium Growth 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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 87.56,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 69.969,
    "architecture_energy": 71.614,
    "architecture_maturity": 33.718,
    "architecture_confidence": 70.857,
    "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": 6.62,
        "rotation_up": 72.16,
        "upward_expansion": 90.69,
        "deceleration": 46.79,
        "rotation_down": 14.36,
        "downward_expansion": 15.02
      },
      "activity_lines": [
        11.253333,
        11.132727,
        10.896549,
        10.734746
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 11.3,
    "trend_reference": 10.546243,
    "distance_from_trend": 0.071472,
    "trend_direction": "Improving",
    "fair_value": 8.922196,
    "distance_from_fair_value": 0.266504,
    "fair_value_direction": "Improving",
    "relative_strength": -2.253223,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.095963,
    "excess_performance": -0.096362,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.071472,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.043384,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.266504,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.051068,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.022532,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.007109,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.095963,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.742248,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 9012700,
      "relative_activity": 1.354059,
      "balance": 0.742248,
      "dry_up": 1.374627,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.024503,
      "annualized_volatility": 0.146889,
      "from_high_reference": -0.025862,
      "from_low_reference": 0.351821
    },
    "levels": {
      "trend_reference": 10.546243,
      "fair_value_reference": 8.922196,
      "structural_low": 9.819339,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 20,
        "median_return": 0.012495,
        "positive_rate": 0.55,
        "directional_follow_through": 0.55,
        "median_excess_return": 0.009878,
        "regime_survival": 0.7,
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        "worst_return": -0.080292,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "regime_survival": 0.25,
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        "worst_return": -0.036474,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.009423,
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        "worst_return": -0.061341,
        "sufficient": false
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      {
        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-03",
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      },
      {
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      },
      {
        "date": "2026-07-17",
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        "modifier": "Re-accelerating",
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        "direction": 64.572113,
        "energy": 72.251666,
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      },
      {
        "date": "2026-07-24",
        "close": 11.2,
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        "typical_volume": 6476340.0,
        "trend": 10.473736,
        "fair_value": 8.884632,
        "relative_strength": -4.813493,
        "stage": 2,
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        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.544936,
        "energy": 76.700993,
        "activity_lines": [
          11.08,
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          10.624023
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      },
      {
        "date": "2026-07-31",
        "close": 11.4,
        "volume": 5325700,
        "typical_volume": 6418330.0,
        "trend": 10.51005,
        "fair_value": 8.903481,
        "relative_strength": -2.007456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.091619,
        "energy": 80.875879,
        "activity_lines": [
          11.2,
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          10.683782
        ]
      },
      {
        "date": "2026-08-07",
        "close": 11.3,
        "volume": 9012700,
        "typical_volume": 6656060.0,
        "trend": 10.546243,
        "fair_value": 8.922196,
        "relative_strength": -2.253223,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.969004,
        "energy": 71.614256,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}