{ "ticker": { "uuid": "b73918c4-1d0d-4428-813b-3aab0316d27c", "symbol": "UTP", "name": "United Paper 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.407, "architecture_energy": 64.618, "architecture_maturity": 33.409, "architecture_confidence": 69.575, "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": 6.45, "rotation_up": 73.17, "upward_expansion": 85.04, "deceleration": 54.47, "rotation_down": 15.94, "downward_expansion": 9.38 }, "activity_lines": [ 8.393333, 8.262727, 8.038095, 7.871001 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 8.7, "trend_reference": 7.668983, "distance_from_trend": 0.13444, "trend_direction": "Improving", "fair_value": 8.295139, "distance_from_fair_value": 0.048807, "fair_value_direction": "Improving", "relative_strength": -0.069271, "relative_strength_direction": "Improving", "price_momentum": 0.207027, "excess_performance": 0.014702, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.13444, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.042266, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.048807, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.152953, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.000693, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.115683, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.207027, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.666549, "read": "Demand-led" } ], "volume": { "latest": 4138700, "relative_activity": 2.415363, "balance": 3.666549, "dry_up": 1.539606, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.034925, "annualized_volatility": 0.129244, "from_high_reference": -0.005714, "from_low_reference": 0.240096 }, "levels": { "trend_reference": 7.668983, "fair_value_reference": 8.295139, "structural_low": 7.1, "invalidation": "A 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"relative_strength": -7.251314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.10169, "energy": 62.669697, "activity_lines": [ 8.176667, 8.079091, 7.848333, 7.716393 ] }, { "date": "2026-07-24", "close": 8.2, "volume": 3818800, "typical_volume": 1578715.0, "trend": 7.584502, "fair_value": 8.305663, "relative_strength": -7.805705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.417592, "energy": 55.903708, "activity_lines": [ 8.206667, 8.117273, 7.897857, 7.75834 ] }, { "date": "2026-07-31", "close": 8.25, "volume": 1410100, "typical_volume": 1573655.0, "trend": 7.619242, "fair_value": 8.300248, "relative_strength": -5.964757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.905454, "energy": 55.978656, "activity_lines": [ 8.233333, 8.151818, 7.948333, 7.801275 ] }, { "date": "2026-08-07", "close": 8.7, "volume": 4138700, "typical_volume": 1713490.0, "trend": 7.668983, "fair_value": 8.295139, "relative_strength": -0.069271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.407051, "energy": 64.617569, "activity_lines": [ 8.393333, 8.262727, 8.038095, 7.871001 ] } ], "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." } } }