{ "ticker": { "uuid": "eaa931d3-5e24-4751-9d31-92cbc65f66d3", "symbol": "TMT", "name": "TMT Steel 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": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Re-acceleration watch", "architecture_gate": "up", "architecture_direction": 69.349, "architecture_energy": 60.532, "architecture_maturity": 31.533, "architecture_confidence": 64.55, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 26.79, "rotation_up": 68.14, "upward_expansion": 76.16, "deceleration": 44.54, "rotation_down": 11.6, "downward_expansion": 19.5 }, "activity_lines": [ 3.574667, 3.488727, 3.490149, 3.422734 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 3.82, "trend_reference": 3.267283, "distance_from_trend": 0.169167, "trend_direction": "Improving", "fair_value": 3.983839, "distance_from_fair_value": -0.041126, "fair_value_direction": "Improving", "relative_strength": 6.869788, "relative_strength_direction": "Weakening", "price_momentum": 0.422719, "excess_performance": 0.230394, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.169167, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.075845, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.041126, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.043233, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.068698, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.046185, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.422719, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.637285, "read": "Supply-led" } ], "volume": { "latest": 614300, "relative_activity": 1.228969, "balance": 0.637285, "dry_up": 1.210713, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.045107, "annualized_volatility": 0.401653, "from_high_reference": -0.060597, "from_low_reference": 0.465188 }, "levels": { "trend_reference": 3.267283, "fair_value_reference": 3.983839, "structural_low": 2.646087, "invalidation": "A renewed 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"stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.453568, "energy": 12.222672, "activity_lines": [ 3.352, 3.388, 3.444519, 3.344715 ] }, { "date": "2026-07-24", "close": 3.46, "volume": 360000, "typical_volume": 519425.0, "trend": 3.202246, "fair_value": 4.021334, "relative_strength": -5.502554, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.821928, "energy": 11.334254, "activity_lines": [ 3.381333, 3.392364, 3.449146, 3.362885 ] }, { "date": "2026-07-31", "close": 3.54, "volume": 814500, "typical_volume": 536900.0, "trend": 3.230098, "fair_value": 4.001689, "relative_strength": -1.838812, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.096427, "energy": 21.398345, "activity_lines": [ 3.437333, 3.415273, 3.457979, 3.384676 ] }, { "date": "2026-08-07", "close": 3.82, "volume": 614300, "typical_volume": 499850.0, "trend": 3.267283, "fair_value": 3.983839, "relative_strength": 6.869788, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.348756, "energy": 60.53203, "activity_lines": [ 3.574667, 3.488727, 3.490149, 3.422734 ] } ], "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." } } }