{ "ticker": { "uuid": "3f8c2aa2-3af8-4ac4-bd76-6fb86a63f07c", "symbol": "NKI", "name": "The Navakij Insurance 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": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 88.241, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 66.09, "architecture_energy": 76.584, "architecture_maturity": 21.716, "architecture_confidence": 59.525, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 17.23, "rotation_up": 78.38, "upward_expansion": 65.88, "deceleration": 20.87, "rotation_down": 16.65, "downward_expansion": 24.21 }, "activity_lines": [ 16.56, 15.778182, 15.136667, 14.868172 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 19.0, "trend_reference": 15.243333, "distance_from_trend": 0.246447, "trend_direction": "Weakening", "fair_value": 22.215863, "distance_from_fair_value": -0.144755, "fair_value_direction": "Improving", "relative_strength": -5.682661, "relative_strength_direction": "Improving", "price_momentum": -0.030612, "excess_performance": -0.222937, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.246447, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.086679, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.144755, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.229212, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.056827, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.26621, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.030612, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.836066, "read": "Supply-led" } ], "volume": { "latest": 1900, "relative_activity": 0.185728, "balance": 0.836066, "dry_up": 0.615836, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.0583, "annualized_volatility": 0.549737, "from_high_reference": -0.059406, "from_low_reference": 0.9 }, "levels": { "trend_reference": 15.243333, "fair_value_reference": 22.215863, "structural_low": 10.0, "invalidation": "A 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23.265577, "relative_strength": -33.51258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.257127, "energy": 21.332558, "activity_lines": [ 14.546667, 13.852727, 14.240952, 15.396344 ] }, { "date": "2026-05-29", "close": 15.0, "volume": 57500, "typical_volume": 16150.0, "trend": 16.69, "fair_value": 23.161528, "relative_strength": -31.796926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.104369, "energy": 20.730436, "activity_lines": [ 14.7, 14.161818, 14.199524, 15.278495 ] }, { "date": "2026-06-05", "close": 14.9, "volume": 0, "typical_volume": 16070.0, "trend": 16.526667, "fair_value": 23.044704, "relative_strength": -32.106971, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.230063, "energy": 15.541006, "activity_lines": [ 14.82, 14.410909, 14.170476, 15.163011 ] }, { "date": "2026-06-12", "close": 14.5, "volume": 4000, "typical_volume": 16220.0, "trend": 16.36, "fair_value": 22.941999, "relative_strength": -33.533935, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.403607, "energy": 12.761253, "activity_lines": [ 14.726667, 14.532727, 14.126667, 15.032258 ] }, { "date": "2026-06-19", "close": 14.5, "volume": 0, "typical_volume": 15005.0, "trend": 16.193333, "fair_value": 22.837778, "relative_strength": -31.790591, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.055052, "energy": 11.549142, "activity_lines": [ 14.646667, 14.601818, 14.108095, 14.912258 ] }, { "date": "2026-06-26", "close": 14.5, "volume": 100, "typical_volume": 13615.0, "trend": 16.02, "fair_value": 22.73659, "relative_strength": -29.556559, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.72393, "energy": 14.48446, "activity_lines": [ 14.586667, 14.618182, 14.11381, 14.803011 ] }, { "date": "2026-07-03", "close": 15.0, "volume": 1100, "typical_volume": 10675.0, "trend": 15.863333, "fair_value": 22.63709, "relative_strength": -29.283295, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.67309, "energy": 8.369162, "activity_lines": [ 14.693333, 14.689091, 14.191429, 14.737204 ] }, { "date": "2026-07-10", "close": 15.0, "volume": 0, "typical_volume": 10450.0, "trend": 15.706667, "fair_value": 22.537591, "relative_strength": -28.744311, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.592322, "energy": 6.627101, "activity_lines": [ 14.8, 14.76, 14.284762, 14.681505 ] }, { "date": "2026-07-17", "close": 15.0, "volume": 14800, "typical_volume": 10815.0, "trend": 15.55, "fair_value": 22.448708, "relative_strength": -28.632177, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.89067, "energy": 8.057103, "activity_lines": [ 14.9, 14.807273, 14.390952, 14.635914 ] }, { "date": "2026-07-24", "close": 14.8, "volume": 2500, "typical_volume": 10270.0, "trend": 15.386667, "fair_value": 22.357027, "relative_strength": -28.99241, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.124363, "energy": 9.155306, "activity_lines": [ 14.9, 14.812727, 14.475714, 14.587527 ] }, { "date": "2026-07-31", "close": 16.0, "volume": 6000, "typical_volume": 10270.0, "trend": 15.263333, "fair_value": 22.276071, "relative_strength": -21.596708, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.496744, "energy": 31.830562, "activity_lines": [ 15.28, 15.036364, 14.670952, 14.627097 ] }, { "date": "2026-08-07", "close": 19.0, "volume": 1900, "typical_volume": 10230.0, "trend": 15.243333, "fair_value": 22.215863, "relative_strength": -5.682661, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 66.089905, "energy": 76.584283, "activity_lines": [ 16.56, 15.778182, 15.136667, 14.868172 ] } ], "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." } } }