{ "ticker": { "uuid": "ef1a275c-7fb0-4071-84f2-c5da5e8f0093", "symbol": "TSTH", "name": "Tata Steel (Thailand) 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 69.001, "architecture_energy": 74.945, "architecture_maturity": 22.568, "architecture_confidence": 84.262, "architecture_tenure": "New", "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": 9.55, "rotation_up": 75.04, "upward_expansion": 94.98, "deceleration": 39.5, "rotation_down": 13.11, "downward_expansion": 16.98 }, "activity_lines": [ 0.979333, 0.947455, 0.915078, 0.874969 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 0.99, "trend_reference": 0.820144, "distance_from_trend": 0.207104, "trend_direction": "Improving", "fair_value": 0.714297, "distance_from_fair_value": 0.385978, "fair_value_direction": "Improving", "relative_strength": 12.448657, "relative_strength_direction": "Weakening", "price_momentum": 0.383971, "excess_performance": 0.191646, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.207104, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.129554, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.385978, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.048563, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.124487, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.022001, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.383971, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.701197, "read": "Supply-led" } ], "volume": { "latest": 17028200, "relative_activity": 0.345548, "balance": 0.701197, "dry_up": 0.463966, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.07252, "annualized_volatility": 0.483849, "from_high_reference": -0.048077, "from_low_reference": 0.651836 }, "levels": { "trend_reference": 0.820144, "fair_value_reference": 0.714297, "structural_low": 0.667, "invalidation": "A 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"2026-07-10", "close": 0.91, "volume": 14206700, "typical_volume": 47637580.0, "trend": 0.772933, "fair_value": 0.709556, "relative_strength": 2.412254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.673775, "energy": 29.171172, "activity_lines": [ 0.892667, 0.894861, 0.863373, 0.826066 ] }, { "date": "2026-07-17", "close": 0.96, "volume": 21608800, "typical_volume": 48147950.0, "trend": 0.784311, "fair_value": 0.710566, "relative_strength": 7.214784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.368621, "energy": 39.889135, "activity_lines": [ 0.916, 0.905818, 0.876283, 0.838135 ] }, { "date": "2026-07-24", "close": 0.97, "volume": 35745200, "typical_volume": 49237440.0, "trend": 0.796022, "fair_value": 0.711641, "relative_strength": 8.166473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.278508, "energy": 51.175425, "activity_lines": [ 0.938667, 0.918364, 0.888979, 0.850115 ] }, { "date": "2026-07-31", "close": 1.0, "volume": 17072700, "typical_volume": 49817975.0, "trend": 0.808733, "fair_value": 0.712908, "relative_strength": 12.816761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.157061, "energy": 66.177851, "activity_lines": [ 0.966, 0.934545, 0.903229, 0.863275 ] }, { "date": "2026-08-07", "close": 0.99, "volume": 17028200, "typical_volume": 49278865.0, "trend": 0.820144, "fair_value": 0.714297, "relative_strength": 12.448657, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.001483, "energy": 74.945264, "activity_lines": [ 0.979333, 0.947455, 0.915078, 0.874969 ] } ], "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." } } }