{ "ticker": { "uuid": "08a064f4-481c-4554-8ea5-14150af0dcc1", "symbol": "TOP", "name": "Thai Oil 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": 76.996, "architecture_energy": 91.861, "architecture_maturity": 28.0, "architecture_confidence": 79.653, "architecture_tenure": "New", "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": 8.17, "rotation_up": 86.41, "upward_expansion": 100.0, "deceleration": 39.0, "rotation_down": 8.0, "downward_expansion": 22.0 }, "activity_lines": [ 63.233333, 57.9, 53.021429, 51.288313 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 64.25, "trend_reference": 49.141365, "distance_from_trend": 0.307452, "trend_direction": "Improving", "fair_value": 40.523649, "distance_from_fair_value": 0.585494, "fair_value_direction": "Improving", "relative_strength": 31.222783, "relative_strength_direction": "Improving", "price_momentum": 0.370353, "excess_performance": 0.178027, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.307452, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.14525, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.585494, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.389809, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.312228, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.196519, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.370353, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.357924, "read": "Demand-led" } ], "volume": { "latest": 100683100, "relative_activity": 1.399085, "balance": 1.357924, "dry_up": 1.749499, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.054774, "annualized_volatility": 0.442929, "from_high_reference": -0.026515, "from_low_reference": 1.252875 }, "levels": { "trend_reference": 49.141365, "fair_value_reference": 40.523649, "structural_low": 43.0, "invalidation": "A 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"direction": 53.456874, "energy": 24.950023, "activity_lines": [ 47.233333, 46.8, 46.809718, 46.561266 ] }, { "date": "2026-07-10", "close": 50.0, "volume": 100261821, "typical_volume": 69394276.05, "trend": 45.419646, "fair_value": 39.999026, "relative_strength": 5.332209, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.615497, "energy": 50.600385, "activity_lines": [ 48.383333, 47.386364, 47.052381, 46.890921 ] }, { "date": "2026-07-17", "close": 62.0, "volume": 207372300, "typical_volume": 74565591.05, "trend": 46.340762, "fair_value": 40.134614, "relative_strength": 28.041267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.682995, "energy": 87.738562, "activity_lines": [ 53.283333, 50.118182, 48.447619, 47.960621 ] }, { "date": "2026-07-24", "close": 63.75, "volume": 142459100, "typical_volume": 75956311.05, "trend": 47.287481, "fair_value": 40.271823, "relative_strength": 30.164712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.661387, "energy": 97.210731, "activity_lines": [ 57.6, 52.9, 49.975, 49.083798 ] }, { "date": "2026-07-31", "close": 65.5, "volume": 53085900, "typical_volume": 73647616.05, "trend": 48.292534, "fair_value": 40.407912, "relative_strength": 34.058644, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.190932, "energy": 97.460001, "activity_lines": [ 61.25, 55.677273, 51.59881, 50.258799 ] }, { "date": "2026-08-07", "close": 64.25, "volume": 100683100, "typical_volume": 71963511.05, "trend": 49.141365, "fair_value": 40.523649, "relative_strength": 31.222783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.996152, "energy": 91.860939, "activity_lines": [ 63.233333, 57.9, 53.021429, 51.288313 ] } ], "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." } } }