{ "ticker": { "uuid": "09d1c481-0286-4e90-a2be-ab0ac7688f82", "symbol": "TCOAT", "name": "Thai Coating Industrial 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -18.594, "architecture_energy": 26.864, "architecture_maturity": 4.499, "architecture_confidence": 62.315, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 36.8, "rotation_up": 18.08, "upward_expansion": 17.65, "deceleration": 56.8, "rotation_down": 57.73, "downward_expansion": 47.32 }, "activity_lines": [ 26.283333, 26.522727, 26.944196, 26.913431 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 26.75, "trend_reference": 26.584078, "distance_from_trend": 0.006241, "trend_direction": "Improving", "fair_value": 24.563098, "distance_from_fair_value": 0.089032, "fair_value_direction": "Weakening", "relative_strength": -9.728218, "relative_strength_direction": "Weakening", "price_momentum": 0.047552, "excess_performance": -0.144773, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.006241, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03443, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.089032, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.069878, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.097282, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.063312, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.047552, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.020619, "read": "Supply-led" } ], "volume": { "latest": 100, "relative_activity": 0.17094, "balance": 0.020619, "dry_up": 0.25641, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.046729, "annualized_volatility": 0.308544, "from_high_reference": -0.135354, "from_low_reference": 0.226863 }, "levels": { "trend_reference": 26.584078, "fair_value_reference": 24.563098, "structural_low": 23.571428, "invalidation": "A decisive 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24.189362, "activity_lines": [ 27.55, 27.468182, 27.410906, 26.921803 ] }, { "date": "2026-07-03", "close": 26.75, "volume": 0, "typical_volume": 2065.0, "trend": 26.289881, "fair_value": 24.513244, "relative_strength": -11.845892, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.618197, "energy": 11.190412, "activity_lines": [ 27.216667, 27.318182, 27.378997, 26.958958 ] }, { "date": "2026-07-10", "close": 26.5, "volume": 2000, "typical_volume": 1760.0, "trend": 26.380953, "fair_value": 24.526325, "relative_strength": -12.805962, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.834671, "energy": 5.581081, "activity_lines": [ 26.916667, 27.154545, 27.317496, 26.972514 ] }, { "date": "2026-07-17", "close": 26.0, "volume": 500, "typical_volume": 1785.0, "trend": 26.404613, "fair_value": 24.534693, "relative_strength": -15.04386, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.489215, "energy": 20.488188, "activity_lines": [ 26.583333, 26.931818, 27.206122, 26.947936 ] }, { "date": "2026-07-24", "close": 26.0, "volume": 0, "typical_volume": 1785.0, "trend": 26.428274, "fair_value": 24.543062, "relative_strength": -14.689364, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.010129, "energy": 36.340407, "activity_lines": [ 26.25, 26.75, 27.094877, 26.921832 ] }, { "date": "2026-07-31", "close": 26.0, "volume": 0, "typical_volume": 1785.0, "trend": 26.451935, "fair_value": 24.55143, "relative_strength": -13.133816, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.094873, "energy": 42.422793, "activity_lines": [ 26.116667, 26.568182, 26.983759, 26.894201 ] }, { "date": "2026-08-07", "close": 26.75, "volume": 100, "typical_volume": 585.0, "trend": 26.584078, "fair_value": 24.563098, "relative_strength": -9.728218, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.59443, "energy": 26.864324, "activity_lines": [ 26.283333, 26.522727, 26.944196, 26.913431 ] } ], "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." } } }