Weekly structural research · SET · Utilities

PRIME Stage Analysis

Prime Road Power Public Company Limited

Week ending 2 Oct 2026Close THB 0.06Tenure EstablishedBenchmark ^SET.BK

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Balance · Balance after decline

Directional pressure has compressed into balance.

Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base.

The Trend gate is up within the current regime.
Fast Activity versus Slow Activity: improving.
Activity structure: moderate and expanding.

Direction 48−100 bearish to +100 bullish

Energy 38/100directional strength

Maturity 38/100lifecycle context

Confidence 80/100evidence agreement

Trend gate Upstructural direction

Activity structure Moderateexpanding separation

Price acceptance +0.0%position within the Activity structure

Fair Value context -73.1%THB 0.2231 · improving

Trend Architecture map · Historical context

Weekly close, Activity, Trend and Fair Value

Follow price and Trend first, then add Activity Lines to inspect the structure. Subtle bands show the regime recognized at each completed observation; the dashed line marks current Fair Value, not a historical forecast.

CloseTrendCurrent Fair Value

Background stage key

BalanceDirection is contained.
Downward ExpansionDowntrend is established.

View chart values · 156 observations

Week	Close	Trend	Relative Strength	Volume	Regime	Direction	Energy
2026-10-02	0.06	0.0533	-7.84	2985500	Balance	48	38
2026-09-25	0.06	0.0533	-10.89	2955800	Balance	19	19
2026-09-18	0.06	0.0537	-10.60	6875700	Balance	-7	4
2026-09-11	0.05	0.0537	-27.24	18174900	Balance	-46	25
2026-09-04	0.05	0.054	-27.83	5437900	Balance	-44	17
2026-08-28	0.05	0.054	-28.50	2545600	Balance	-36	14
2026-08-21	0.05	0.054	-30.66	2004200	Balance	-37	14
2026-08-14	0.06	0.0543	-17.08	4806900	Balance	-17	7
2026-08-07	0.05	0.0547	-31.70	197600	Balance	-46	33
2026-07-31	0.05	0.055	-32.86	1971200	Balance	-49	32
2026-07-24	0.05	0.0553	-34.35	184500	Balance	-48	22
2026-07-17	0.05	0.0557	-35.11	5760200	Balance	-46	22
2026-07-10	0.05	0.056	-35.36	343900	Balance	-49	21
2026-07-03	0.06	0.0563	-23.19	464100	Balance	-16	8
2026-06-26	0.05	0.057	-34.03	1640300	Downward Expansion	-48	22
2026-06-19	0.05	0.058	-36.33	4270400	Downward Expansion	-38	16
2026-06-12	0.06	0.059	-25.52	4162100	Downward Expansion	-21	10
2026-06-05	0.05	0.0593	-38.13	729600	Downward Expansion	-52	25
2026-05-29	0.06	0.0603	-26.16	1268300	Downward Expansion	-37	20
2026-05-22	0.05	0.061	-38.00	20274000	Downward Expansion	-51	40
2026-05-15	0.05	0.0617	-37.96	2838100	Downward Expansion	-50	31
2026-05-08	0.05	0.0623	-38.18	6481700	Downward Expansion	-46	21
2026-05-01	0.05	0.0633	-38.80	4587800	Downward Expansion	-40	19
2026-04-24	0.06	0.0643	-25.10	6857400	Downward Expansion	-30	15
2026-04-17	0.06	0.065	-26.26	613900	Downward Expansion	-37	19
2026-04-10	0.06	0.0657	-27.31	3051500	Downward Expansion	-52	35
2026-04-03	0.05	0.0663	-37.71	768400	Downward Expansion	-55	50
2026-03-27	0.05	0.0673	-38.01	2060800	Downward Expansion	-56	45
2026-03-20	0.05	0.068	-38.11	9755400	Downward Expansion	-54	27
2026-03-13	0.05	0.0687	-37.77	5133500	Downward Expansion	-46	20
2026-03-06	0.06	0.0693	-26.19	6533800	Downward Expansion	-32	16
2026-02-27	0.07	0.0697	-20.94	7070000	Downward Expansion	-29	15
2026-02-20	0.06	0.0697	-30.49	20638400	Downward Expansion	-52	39
2026-02-13	0.06	0.0703	-28.84	15062100	Downward Expansion	-53	43
2026-02-06	0.05	0.071	-37.93	845700	Downward Expansion	-62	39
2026-01-30	0.05	0.072	-37.28	3595800	Downward Expansion	-64	35
2026-01-23	0.06	0.073	-24.83	3346200	Downward Expansion	-54	28
2026-01-16	0.07	0.0737	-10.44	4261200	Downward Expansion	-51	33
2026-01-09	0.06	0.0737	-22.21	9508200	Downward Expansion	-54	55
2026-01-02	0.06	0.074	-23.17	5927200	Downward Expansion	-56	59
2025-12-26	0.06	0.0747	-24.39	9361800	Balance	-54	52
2025-12-19	0.06	0.0753	-25.48	13859900	Balance	-56	44
2025-12-12	0.06	0.076	-27.88	5740300	Balance	-54	27
2025-12-05	0.08	0.077	-8.14	9587300	Balance	19	12
2025-11-28	0.08	0.0773	-9.33	6576400	Balance	16	8
2025-11-21	0.08	0.0767	-11.19	6711300	Balance	6	4
2025-11-14	0.07	0.0753	-24.98	7508400	Balance	-10	6
2025-11-07	0.08	0.0743	-18.26	21918900	Balance	31	14
2025-10-31	0.08	0.074	-20.34	10900200	Balance	31	15
2025-10-24	0.07	0.0737	-32.17	2134400	Balance	18	11
2025-10-17	0.07	0.074	-31.70	4264900	Balance	22	9
2025-10-10	0.08	0.0743	-24.25	8439800	Balance	47	31
2025-10-03	0.08	0.0743	-26.95	20561500	Balance	48	33
2025-09-26	0.08	0.074	-28.58	11890300	Balance	47	27
2025-09-19	0.08	0.074	-31.62	14839600	Balance	35	19
2025-09-12	0.08	0.0743	-34.09	55826000	Balance	33	15
2025-09-05	0.08	0.0747	-34.67	62743000	Balance	-7	6
2025-08-29	0.07	0.075	-42.88	2638300	Balance	-40	34
2025-08-22	0.07	0.0757	-45.00	8851200	Balance	-39	28
2025-08-15	0.07	0.0767	-46.20	4381600	Balance	-37	21
2025-08-08	0.07	0.0773	-47.30	27065400	Balance	-25	13
2025-08-01	0.07	0.0783	-46.65	30817200	Balance	-29	12
2025-07-25	0.08	0.0807	-40.22	5495400	Balance	-10	8
2025-07-18	0.08	0.0833	-40.92	12472800	Balance	-10	8
2025-07-11	0.08	0.0877	-38.51	6248000	Balance	-22	9
2025-07-04	0.08	0.0923	-40.63	13810300	Balance	-25	14
2025-06-27	0.08	0.0973	-40.57	49681900	Balance	-29	17
2025-06-20	0.07	0.1017	-48.88	17582000	Balance	-38	21
2025-06-13	0.07	0.1067	-53.08	10118000	Balance	-26	14
2025-06-06	0.08	0.111	-48.94	6564500	Balance	-16	17
2025-05-30	0.08	0.1153	-51.42	36090800	Downward Expansion	-26	26
2025-05-23	0.08	0.1203	-54.35	50079400	Downward Expansion	-32	25
2025-05-16	0.09	0.125	-51.35	36994800	Downward Expansion	-42	30
2025-05-09	0.09	0.129	-53.85	168257000	Downward Expansion	-62	53
2025-05-02	0.06	0.1357	-69.94	1027098900	Downward Expansion	-66	69
2025-04-25	0.04	0.144	-80.00	29915900	Downward Expansion	-81	87
2025-04-18	0.04	0.153	-80.56	308906000	Downward Expansion	-86	84
2025-04-11	0.07	0.163	-66.62	17491500	Downward Expansion	-68	63
2025-04-04	0.07	0.171	-67.58	51177800	Downward Expansion	-69	63
2025-03-28	0.08	0.1773	-65.57	9401500	Downward Expansion	-62	60
2025-03-21	0.08	0.183	-67.01	14558200	Downward Expansion	-64	61
2025-03-14	0.08	0.187	-67.67	5029800	Downward Expansion	-66	63
2025-03-07	0.07	0.1917	-73.29	9564300	Downward Expansion	-76	67
2025-02-28	0.08	0.1967	-70.43	26877800	Downward Expansion	-72	65
2025-02-21	0.09	0.2017	-68.79	121386800	Downward Expansion	-68	65
2025-02-14	0.09	0.2067	-70.42	5436700	Downward Expansion	-69	66
2025-02-07	0.09	0.2153	-71.69	14287000	Downward Expansion	-71	86
2025-01-31	0.09	0.2253	-73.36	19380300	Downward Expansion	-74	90
2025-01-24	0.10	0.2347	-72.33	23674300	Downward Expansion	-74	90
2025-01-17	0.09	0.2433	-75.63	72623500	Downward Expansion	-86	94
2025-01-10	0.10	0.2537	-74.13	113350400	Downward Expansion	-87	89
2025-01-03	0.14	0.2643	-65.05	115523800	Downward Expansion	-81	74
2024-12-27	0.16	0.2753	-61.38	75896900	Downward Expansion	-78	50
2024-12-20	0.21	0.2863	-49.01	8546200	Downward Expansion	-49	34
2024-12-13	0.22	0.296	-50.02	31280300	Downward Expansion	-45	33
2024-12-06	0.23	0.3073	-49.34	52829100	Downward Expansion	-58	43
2024-11-29	0.21	0.316	-53.72	12175800	Downward Expansion	-64	52
2024-11-22	0.22	0.3257	-52.98	34417000	Downward Expansion	-62	54
2024-11-15	0.20	0.3347	-57.82	22090900	Downward Expansion	-71	76
2024-11-08	0.21	0.3457	-57.12	19311500	Downward Expansion	-71	78
2024-11-01	0.23	0.3563	-53.82	27774700	Downward Expansion	-65	69
2024-10-25	0.22	0.3653	-56.51	27297200	Downward Expansion	-71	53
2024-10-18	0.21	0.377	-59.79	198152600	Downward Expansion	-71	40
2024-10-11	0.29	0.3887	-44.58	36896700	Downward Expansion	-30	23
2024-10-04	0.31	0.3993	-40.65	60655100	Downward Expansion	-28	28
2024-09-27	0.31	0.408	-41.93	137153100	Downward Expansion	-34	30
2024-09-20	0.34	0.4163	-38.57	91210000	Downward Expansion	-40	29
2024-09-13	0.31	0.4273	-44.68	129553100	Downward Expansion	-51	48
2024-09-06	0.26	0.4413	-55.14	18047600	Downward Expansion	-65	63
2024-08-30	0.25	0.4577	-56.10	196324200	Downward Expansion	-68	69
2024-08-23	0.20	0.4763	-65.82	86643900	Downward Expansion	-77	91
2024-08-16	0.22	0.4933	-62.10	8959500	Downward Expansion	-75	90
2024-08-09	0.22	0.506	-63.02	14855200	Downward Expansion	-81	89
2024-08-02	0.23	0.5187	-62.88	27994300	Downward Expansion	-87	83
2024-07-26	0.24	0.5313	-62.13	123182900	Downward Expansion	-92	84
2024-07-19	0.35	0.5437	-46.63	5750500	Downward Expansion	-75	77
2024-07-12	0.39	0.5533	-42.58	18512500	Downward Expansion	-67	85
2024-07-05	0.37	0.56	-45.92	19995400	Downward Expansion	-77	90
2024-06-28	0.36	0.5673	-48.14	32769800	Downward Expansion	-86	91
2024-06-21	0.40	0.5757	-43.87	9218200	Downward Expansion	-82	86
2024-06-14	0.42	0.582	-42.25	20769800	Downward Expansion	-82	78
2024-06-07	0.47	0.5883	-37.81	9888900	Downward Expansion	-71	47
2024-05-31	0.49	0.5933	-36.93	13511100	Downward Expansion	-66	43
2024-05-24	0.50	0.598	-37.61	43138700	Downward Expansion	-63	41
2024-05-17	0.56	0.60	-32.19	73670000	Downward Expansion	-60	49
2024-05-10	0.49	0.601	-41.13	6090200	Downward Expansion	-69	70
2024-05-03	0.50	0.6087	-40.89	13187700	Downward Expansion	-66	64
2024-04-26	0.49	0.6183	-42.60	32819400	Downward Expansion	-70	61
2024-04-19	0.53	0.646	-37.63	0	Downward Expansion	-60	46
2024-04-12	0.53	0.6723	-41.40	15668100	Downward Expansion	-61	49
2024-04-05	0.50	0.6993	-44.72	32948700	Downward Expansion	-70	54
2024-03-29	0.57	0.727	-38.09	37675300	Downward Expansion	-57	52
2024-03-22	0.56	0.7523	-40.08	24504900	Downward Expansion	-62	51
2024-03-15	0.61	0.7783	-35.81	62289800	Downward Expansion	-42	37
2024-03-08	0.57	0.8013	-40.82	68846700	Downward Expansion	-50	37
2024-03-01	0.56	0.826	-41.85	55289200	Downward Expansion	-49	27
2024-02-23	0.67	0.8507	-32.88	90102400	Downward Expansion	-8	19
2024-02-16	0.73	0.8727	-27.13	167143500	Downward Expansion	-7	24
2024-02-09	0.75	0.8937	-26.00	279171600	Downward Expansion	-10	22
2024-02-02	0.81	0.914	-20.70	904802100	Downward Expansion	-9	15
2024-01-26	0.71	0.9323	-30.31	621342100	Downward Expansion	-45	39
2024-01-19	0.60	0.9537	-42.17	124780600	Downward Expansion	-54	70
2024-01-12	0.60	0.978	-43.99	56966600	Downward Expansion	-53	64
2024-01-05	0.61	1.00	-44.20	20933100	Downward Expansion	-49	45
2023-12-29	0.61	1.03	-44.25	61038900	Downward Expansion	-49	43
2023-12-22	0.64	1.05	-41.60	191801600	Downward Expansion	-50	46
2023-12-15	0.59	1.08	-46.12	32158800	Downward Expansion	-62	56
2023-12-08	0.59	1.10	-46.25	43259600	Downward Expansion	-63	59
2023-12-01	0.61	1.13	-44.93	85702000	Downward Expansion	-62	61
2023-11-24	0.59	1.16	-47.88	193452100	Downward Expansion	-66	65
2023-11-17	0.61	1.18	-47.35	136667300	Downward Expansion	-65	66
2023-11-10	0.62	1.21	-46.01	397802400	Downward Expansion	-67	87
2023-11-03	0.63	1.24	-46.79	127326700	Downward Expansion	-68	89
2023-10-27	0.56	1.26	-52.09	130063000	Downward Expansion	-88	96
2023-10-20	0.59	1.29	-50.45	416621000	Downward Expansion	-94	97
2023-10-13	0.72	1.32	-42.28	1674949400	Downward Expansion	-93	94

Price vs TrendAbove+12.5%

Trend directionFalling-3.6%

Price vs current Fair ValueBelow anchor-73.1%

Fair Value directionClosing upward+8.5%

Relative Strength vs benchmarkLagging-7.8%

Relative strength directionImproving+15.3%

Price momentumPositive+20.0%

Volume balanceDemand-led4.98×

Beyond the current label

Is the structure strengthening or losing force?

Direction and energy measure different things

Direction shows the upward or downward lean. Energy shows the force behind the structural move: high energy can accompany a strong decline as well as an advance.

Direction

48 / ±100

+92.5 points since 2026-09-04

Energy

38 /100

+20.9 points since 2026-09-04

Recent change compares the latest reading with four observations earlier. Missing readings remain unavailable. Use the chart values above to inspect individual observations.

PRIME Directional State ↗ PRIME Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance38

Rotation Up54

Upward Expansion78

Deceleration52

Rotation Down20

Downward Expansion14

The winning regime is the state most consistent with the complete SM evidence set. Direction, energy, maturity and confidence describe different aspects of the current structure, while contradictory evidence remains visible rather than being averaged into false certainty.

Time spent in each state

The context behind today’s regime

2023-10-13 to 2026-10-02 · 156 classified observations out of 156 shown.

Balance 28%Downward Expansion 72%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Balance	2026-07-03	2026-10-02	Established	+0.0%
Downward Expansion	2026-01-02	2026-06-26	Established	-16.7%
Balance	2025-06-06	2025-12-26	Extended	-25.0%
Downward Expansion	2023-08-18	2025-05-30	Extended	-93.8%
Balance	2023-03-24	2023-08-11	Established	-5.1%
Upward Expansion	2023-02-24	2023-03-17	New	-5.9%
Rotation Up	2023-02-03	2023-02-17	New	-4.5%
Downward Expansion	2022-02-04	2023-01-27	Extended	-26.2%
Balance	2021-11-12	2022-01-28	Developing	-7.0%
Downward Expansion	2021-08-20	2021-11-05	Developing	+7.6%
Rotation Down	2021-07-09	2021-08-13	Developing	+1.1%

Classic Stage Analysis comparison

Stage 1 · Basing62

Stage 2 · Advancing44

Stage 3 · Distribution18

Stage 4 · Declining44

Legacy result: Stage 1 · Stage 1B · Basing. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^SET.BK

Is relative performance confirming the geometry?

Confirmation, not classification

Relative Strength

The security is compared with its market benchmark on the SM scale. Above zero indicates relative leadership; direction shows whether that leadership is improving or weakening.

Confirmation evidence

Lagging benchmark

Architecture confirmation: 38/100
Current Relative Strength: -7.84
Relative Strength direction: Improving
Price momentum: +20.0%
Excess performance vs benchmark: +11.9%
Utilities regime cohort: 80th percentile5 in cohort

Test PRIME trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.69×

Latest completed volume relative to typical participation.

Up/down volume4.98×

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

Current relationship between Fast Activity and Slow Activity.

Structure stability+62.5%

Whether recent Activity evidence is stable or remains in balance.

Weekly volume with architecture context

Bars show completed weekly volume; the dashed line provides typical-volume context. Both measures use the same scale.

Explore PRIME Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity THB 0.058rising

Slow Activity THB 0.0537rising

Trend Reference THB 0.0533+12.5% close margin

Current Fair Value THB 0.2231-73.1% close margin

Structural low THB 0.04shock / repair context

What changes the read?

Persistent fast/slow separation and fan expansion would end Balance; direction determines whether it becomes Rotation Up or Rotation Down.

Range context +20.5%

Annualized volatility +85.4%

From structural high -25.0%

From structural low +50.0%

Point-in-time evidence

What followed this architecture in this market?

Descriptive history, never a forecast

Historical comparisons use only the structural read that would have been available at each completed observation. Independent observations are used where possible, with benchmark comparison beginning after each recognized state.

Outcome horizon	Samples	Median move	Positive periods	Directional follow-through	Median excess vs ^SET.BK	Regime survived	Read
Near term	20	-0.4%-25.0% to +20.0%	+35.0%	+35.0%	-1.1%	+85.0%	Usable descriptive sample
Intermediate	7	-0.8%-25.0% to +0.0%	+0.0%	+0.0%	-1.9%	+57.1%	Usable descriptive sample
Extended	4	-14.5%-37.5% to +0.0%	+0.0%	+0.0%	-16.8%	+25.0%	Too little matched history
Full cycle	3	-37.5%-59.4% to -31.2%	+0.0%	+0.0%	-46.2%	+0.0%	Too little matched history

Evidence framework

What the analysis measures and where its limits lie

Trend Architecture

Trend Architecture brings Price, Fast Activity, Slow Activity and Trend into one structural read. It identifies balance, rotation, expansion, deceleration and contraction while requiring persistent evidence for confirmed regime changes.

Evidence roles

Trend, Activity, relative strength, volume and Fair Value each have a defined role in the SM evidence framework. No single reading is treated as sufficient on its own, and conflicting evidence remains visible.

Fair Value and RS

Current Fair Value provides a long-term price anchor and shows whether price is trading above, below or repairing toward that reference. Relative Strength compares the security with its benchmark and shows whether leadership is improving or weakening.

Known limitations

Weekly structure recognizes conditions after they develop. Event gaps can bypass smooth transitions, sideways markets can rotate repeatedly, and historical samples for a particular regime can be thin.

Independent market research for education. Not investment advice, a recommendation, a forecast, a target, or an execution instruction. Historical regime behaviour does not establish what happens next.

PRIME Stage Analysis

What the Activity Line geometry says now

Directional pressure has compressed into balance.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Send a message

Evidence context

What the Activity Line geometry says now

Directional pressure has compressed into balance.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength ?

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

Test the structure from another angle

Trend Persistence ↗

Directional State ↗

Momentum Intelligence ↗

Volume & Price ↗

Similar Charts ↗

RMI Reversal Map ↗

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Relative Strength

Trend Persistence

Directional State

Momentum Intelligence

Volume & Price

Similar Charts

RMI Reversal Map