{ "ticker": { "uuid": "2e242098-2a11-49bf-98dc-7c47371d690e", "symbol": "PTTEP", "name": "PTT Exploration and Production 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "up", "architecture_direction": 41.421, "architecture_energy": 42.842, "architecture_maturity": 51.769, "architecture_confidence": 66.495, "architecture_tenure": "Developing", "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": 32.82, "rotation_up": 73.37, "upward_expansion": 65.72, "deceleration": 53.82, "rotation_down": 6.73, "downward_expansion": 18.72 }, "activity_lines": [ 148.1, 143.554545, 144.016667, 144.211628 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 149.0, "trend_reference": 141.094105, "distance_from_trend": 0.056033, "trend_direction": "Improving", "fair_value": 122.798882, "distance_from_fair_value": 0.213366, "fair_value_direction": "Weakening", "relative_strength": 2.712268, "relative_strength_direction": "Weakening", "price_momentum": 0.214449, "excess_performance": 0.022124, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.056033, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.095849, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.213366, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.010583, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.027123, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.079065, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.214449, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.652074, "read": "Demand-led" } ], "volume": { "latest": 110010800, "relative_activity": 1.435319, "balance": 2.652074, "dry_up": 1.390244, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.037945, "annualized_volatility": 0.255663, "from_high_reference": -0.091463, "from_low_reference": 0.483029 }, "levels": { "trend_reference": 141.094105, "fair_value_reference": 122.798882, "structural_low": 121.723358, "invalidation": "A 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-32.880813, "energy": 59.860963, "activity_lines": [ 133.933333, 138.8, 143.637381, 141.123459 ] }, { "date": "2026-07-10", "close": 139.5, "volume": 148256577, "typical_volume": 84480413.85, "trend": 135.608436, "fair_value": 122.377437, "relative_strength": -4.29781, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.046121, "energy": 52.399896, "activity_lines": [ 134.933333, 138.209091, 143.107143, 141.450153 ] }, { "date": "2026-07-17", "close": 145.5, "volume": 125339800, "typical_volume": 86758193.85, "trend": 136.980626, "fair_value": 122.482057, "relative_strength": -1.201142, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 9.615665, "energy": 20.466912, "activity_lines": [ 138.266667, 138.972727, 143.114286, 142.088318 ] }, { "date": "2026-07-24", "close": 150.0, "volume": 127670200, "typical_volume": 84604013.85, "trend": 138.390109, "fair_value": 122.607662, "relative_strength": 1.516428, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 45.499289, "energy": 27.298804, "activity_lines": [ 142.9, 140.609091, 143.509524, 142.928278 ] }, { "date": "2026-07-31", "close": 149.0, "volume": 63203200, "typical_volume": 78605923.85, "trend": 139.717956, "fair_value": 122.713754, "relative_strength": 2.043116, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 49.465561, "energy": 41.559015, "activity_lines": [ 146.133333, 142.063636, 143.769048, 143.612787 ] }, { "date": "2026-08-07", "close": 149.0, "volume": 110010800, "typical_volume": 76645538.85, "trend": 141.094105, "fair_value": 122.798882, "relative_strength": 2.712268, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 41.420928, "energy": 42.8422, "activity_lines": [ 148.1, 143.554545, 144.016667, 144.211628 ] } ], "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." } } }