{ "ticker": { "uuid": "ef0e84ab-e262-48ea-9628-928075f89207", "symbol": "FPT", "name": "Frasers Property (Thailand) 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 70.088, "architecture_energy": 86.339, "architecture_maturity": 29.546, "architecture_confidence": 70.29, "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": 10.24, "rotation_up": 83.15, "upward_expansion": 99.05, "deceleration": 39.02, "rotation_down": 8.41, "downward_expansion": 21.05 }, "activity_lines": [ 6.986667, 6.811818, 6.619286, 6.516344 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 7.0, "trend_reference": 6.396667, "distance_from_trend": 0.09432, "trend_direction": "Improving", "fair_value": 9.611029, "distance_from_fair_value": -0.27167, "fair_value_direction": "Improving", "relative_strength": -3.389298, "relative_strength_direction": "Improving", "price_momentum": 0.138211, "excess_performance": -0.054114, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.09432, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037632, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.27167, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.10002, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.033893, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.072699, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.138211, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.733939, "read": "Demand-led" } ], "volume": { "latest": 180000, "relative_activity": 0.148171, "balance": 1.733939, "dry_up": 0.252404, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.032967, "annualized_volatility": 0.180358, "from_high_reference": -0.034483, "from_low_reference": 0.272727 }, "levels": { "trend_reference": 6.396667, "fair_value_reference": 9.611029, "structural_low": 5.9, "invalidation": "A 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6.448333, 6.390215 ] }, { "date": "2026-07-24", "close": 6.9, "volume": 362600, "typical_volume": 1202871.1, "trend": 6.33, "fair_value": 9.693659, "relative_strength": -6.745777, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.307816, "energy": 82.616134, "activity_lines": [ 6.826667, 6.651818, 6.500476, 6.428925 ] }, { "date": "2026-07-31", "close": 7.05, "volume": 227900, "typical_volume": 1212931.1, "trend": 6.365, "fair_value": 9.651925, "relative_strength": -3.466881, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.597628, "energy": 87.338229, "activity_lines": [ 6.94, 6.742727, 6.564048, 6.475376 ] }, { "date": "2026-08-07", "close": 7.0, "volume": 180000, "typical_volume": 1214816.1, "trend": 6.396667, "fair_value": 9.611029, "relative_strength": -3.389298, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.08848, "energy": 86.338549, "activity_lines": [ 6.986667, 6.811818, 6.619286, 6.516344 ] } ], "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." } } }