{ "ticker": { "uuid": "04e85952-12cd-478a-bcc1-e3c38ccc8356", "symbol": "SPRC", "name": "Star Petroleum Refining 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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 84.047, "architecture_energy": 94.351, "architecture_maturity": 42.0, "architecture_confidence": 79.642, "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": 3.65, "rotation_up": 88.12, "upward_expansion": 100.0, "deceleration": 39.0, "rotation_down": 8.0, "downward_expansion": 22.0 }, "activity_lines": [ 10.423333, 9.384545, 8.444524, 8.045141 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 10.8, "trend_reference": 7.565769, "distance_from_trend": 0.427482, "trend_direction": "Improving", "fair_value": 6.401049, "distance_from_fair_value": 0.687224, "fair_value_direction": "Improving", "relative_strength": 46.408794, "relative_strength_direction": "Improving", "price_momentum": 0.576642, "excess_performance": 0.384317, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.427482, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.155565, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.687224, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.565582, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.464088, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.374366, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.576642, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.287386, "read": "Demand-led" } ], "volume": { "latest": 126392400, "relative_activity": 1.18851, "balance": 7.287386, "dry_up": 1.562884, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.05698, "annualized_volatility": 0.389705, "from_high_reference": -0.027027, "from_low_reference": 1.633877 }, "levels": { "trend_reference": 7.565769, "fair_value_reference": 6.401049, "structural_low": 6.35, "invalidation": "A sustained 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"Re-accelerating", "gate": "up", "direction": 91.130072, "energy": 89.531109, "activity_lines": [ 8.243333, 7.821818, 7.502857, 7.356216 ] }, { "date": "2026-07-24", "close": 10.5, "volume": 225495000, "typical_volume": 112548615.0, "trend": 7.23655, "fair_value": 6.363637, "relative_strength": 42.912546, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.883178, "energy": 98.21696, "activity_lines": [ 9.103333, 8.351818, 7.802143, 7.577701 ] }, { "date": "2026-07-31", "close": 11.1, "volume": 112863400, "typical_volume": 110479285.0, "trend": 7.418135, "fair_value": 6.384424, "relative_strength": 51.093231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.534855, "energy": 99.000785, "activity_lines": [ 9.933333, 8.93, 8.145238, 7.826956 ] }, { "date": "2026-08-07", "close": 10.8, "volume": 126392400, "typical_volume": 106345265.0, "trend": 7.565769, "fair_value": 6.401049, "relative_strength": 46.408794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.047358, "energy": 94.350772, "activity_lines": [ 10.423333, 9.384545, 8.444524, 8.045141 ] } ], "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." } } }