Weekly Chart PackCompleted weekly market data · Independent research
SET · Equity · Thailand
THE
The Steel Public Company Limited
Basic MaterialsSteel
The Steel Public Company Limited, together with its subsidiaries, engages in the selling and transforming of hot rolled sheets and coils, and structural steel products in Thailand. It operates through Transactions Relating to Revenue from Sales of Steels; and Transactions Relating to Revenue from Logistic Services segments. The company offers hot and cold rolled steel, and galvanized steel coils; and structural cold rolled LIP channel steel products, carbon steel square and rectangular …
Last updated
21 Aug 2026
Exchange
Stock Exchange of Thailand · SET
Sector
Basic Materials
Industry
Steel
Currency
THB
Market capitalisation
892,669,760
Fair value reference
0.92
Next-week expectancy
Negative · 35.89%
Executive chart read
Over the latest 12 completed weeks ending 2026-08-21, THE rose 8.86%, moving from 0.79 to 0.86. The latest weekly close is above the Trend Line and below Fair Value. Trend Signal is active on the latest week and was active in 12 of the last 12 weeks. Relative Strength is -3.94 and has improved across the 12-week window. Market Dynamics is 0.57 on the latest week. Next-week expectancy is negative at 35.89% based on similar historical setup states.
Week Ending
21 Aug 2026
Latest Close
0.86
12-Week Change
8.86%
Trend Signal
Active
Next-Week Expectancy
Negative 35.89%
Signal Weeks
12 of 12
Weekly Price
Weekly Close
Trend Line
Fair Value
Activity Lines
Chart Panels
Choose up to 5 panels. Drag panel headers to reorder.
Price Action
Completed weekly market tape
Price Action
A deep view of how price is behaving against its own completed history, trend, structural levels and participation.
Current weekly interpretationRange-bound structure with positive but contained
Recent completed price swings are mixed, with neither side establishing a clean sequence. Price is above its completed-week trend reference and that reference is rising.
Full context · Unstable
Current structureRange-bound structure
Recent completed price swings are mixed, with neither side establishing a clean sequence.
Trend relationshipAbove a rising trend
Price is above its completed-week trend reference and that reference is rising.
Support and resistanceSupport 0.85 · Resistance 0.89
Nearest completed structural references around the latest close.
The positive weekly move attracted clearly elevated participation.
Price, structure and participation
Where price advanced, failed, reclaimed or lost important ground
Candles preserve the completed weekly tape. Selected annotations identify meaningful finished events and point directly to the week concerned.
Up weekDown weekTrend referenceCompleted supportCompleted resistanceVolumeTypical volumePublished event
What happened this week?
The latest completed candle
The latest week is separated into price change, candle character, closing position and path quality.
Weekly move+10.26%
Latest close versus the preceding completed close.
Candle characterPositive but contained
Price advanced, although the close did not fully control the completed weekly range.
Where the week closedMiddle of the range
The close finished at 47% of the completed weekly range.
Path qualityUnstable
Frequent recent changes in direction reduce confidence in the current price path.
Current evaluation
What the weekly tape says now
The interpretation combines completed price structure, trend relationship, participation and path quality.
What supports it
Recent completed price swings are mixed, with neither side establishing a clean sequence.
What would improve it
A sustained close above the nearest completed resistance, supported by firmer participation, would improve confirmation.
What could weaken it
A sustained loss of the nearest completed support would materially weaken the current price structure.
What to watch next
Trend relationship is above a rising trend; participation is strong positive participation, and path quality is unstable.
Statistical perspective
Where the latest close sits in its own completed history
These observations describe the available record. They are market context, not predictions of the next move.
Position in completed history11% of range
The latest close's location between the lowest and highest completed closes available for this market.
Distance from completed high-71.1%
How far the latest close sits below the highest completed close in the available history.
Recovery from completed low+45.8%
How far the latest close has advanced from the lowest completed close in the available history.
Latest move versus typical4.0× typical
The absolute latest weekly move compared with completed weekly moves available before it.
Completed event history
What changed, and when
Only selected completed events are shown. Each annotation is descriptive, not a standalone instruction.
Trend reclaimed
The weekly close moved back above the completed trend reference.
2 weeks ago
Trend lost
The weekly close moved below the completed trend reference.
9 weeks ago
High-participation reversal
Price changed weekly direction with elevated participation.
14 weeks ago
Support structure lost
The weekly close moved below the preceding completed price structure.
41 weeks ago
Range
Sharemaestro Range
Where price is trading
The fitted range, accepted trading area and strongest price levels are calculated automatically from completed weekly market data.
Current stateInside accepted value
52-week position
76.2%
Low to high
Accepted price
0.79
Latest versus accepted: 9.30%
Fitted direction
Sideways
0.00% per week
Range pressure
71/100
Upper pressure
Range condition
Expanding
1.44× normal range
Range pressureCurrent range pressure · 50 is balanced
Weekly closeFitted rangeActivity ribbonEstimated activity at priceAutomatic level
Automatic structure
Strongest price levels
Support0.79
From price
-8.5%
Evidence
100/100
Touches
9
Support0.83
From price
-3.5%
Evidence
91/100
Touches
12
Resistance0.87
From price
1.2%
Evidence
77/100
Touches
8
Resistance0.91
From price
5.8%
Evidence
47/100
Touches
3
Current reading
What the range shows
Current positionInside accepted value
Price is at 76.2% of its latest 52-week range.
Fitted directionSideways
The fitted centre line is moving +0.00% per week.
Range pressureUpper pressure
The current pressure reading is 71/100; 50 is balanced.
Next structural level0.87
Resistance is 1.2% from the latest close with 77/100 evidence strength.
Point & Figure
Price structure · volume at price
Point & Figure market structure
Each X marks a rising price box and each O marks a falling price box. Time is removed from the horizontal scale so reversals, breakouts and areas of heavy trading stand out.
MethodAdaptive scale
Smart Money
Completed-week positioning evidence
Smart Money
See whether the support beneath price is strengthening, weakening, confirming the trend or warning of increased risk.
Current Smart Money readSmart Money evidence is mixed
Some visible evidence is supportive, but the combined picture does not yet justify a strong conclusion.
Momentum 0.55 · Weakening
Trend qualityMixed
The current trend state has persisted for 16 completed weeks; visible confirmation is mixed.
Momentum pathConstructive · Weakening
The latest completed-week level and direction.
Latest positive signalNo recent positive signal
The chart is carrying context rather than a fresh positive event marker.
Risk and warningsNormal
Earlier warnings are outside the recent completed-week window.
Price, support and published events
Where confirmation strengthened or risk increased
Selected annotations highlight meaningful completed-week events; every existing chart series and marker remains visible.
Close Price
Trend Line
Demand Threshold Line
Reversal Risk Level
Current evaluation
What the Smart Money chart means now
The reading combines the finished chart state, its direction and the timing of published signals.
What supports it
There is limited positive confirmation; the chart should be read cautiously until support improves.
What would improve it
A turn higher in the momentum path, followed by steadier trend confirmation, would strengthen the reading.
What could weaken it
There is no fresh positive event marker, so the current reading depends on continued confirmation rather than a new signal.
Published signal history
What changed, and when
Event markers are observations, not standalone instructions to buy or sell.
Reversal danger
The chart registered its strongest reversal warning.
154 weeks ago
Reversal risk
The chart registered elevated reversal risk.
155 weeks ago
Market Dynamics
Price and underlying support
Market Dynamics
See whether the support beneath price is strengthening, weakening, confirming the move or beginning to diverge from it.
Zero lineMarket Dynamics Rate of ChangePrice ActionVolume ActionFlip UpFlip Down
Price Cycle
Completed-week market perception
Price Cycle
A deep view of whether price pressure is strong, weak, strengthening, fading or moving through a higher-risk transition.
Current Price Cycle readWeak pressure is repairing, but remains negative
Price is holding a weak market-perception position. Weak pressure is receding across the recent completed path.
-6.08% · Negative · Recovering
Market positionNegative
Price is holding a weak market-perception position.
Pressure directionRecovering
Weak pressure is receding across the recent completed path.
Trend qualityUnstable
The recent path has changed direction frequently, reducing confidence in persistence.
Risks and warningsTransition risk
Frequent recent changes around balance make the current direction less dependable.
Pressure, price and published transitions
Where market perception strengthened, faded or changed state
The percentage reading is primary. Weekly close is retained only as market context; selected annotations identify meaningful completed transitions.
Market PerceptionPositive pressureNegative pressureWeekly CloseBalanceCrossed upCrossed downPublished transition or Price Action signal
Current evaluation
What the Price Cycle says now
The evaluation combines the finished pressure state, its direction, persistence and historical context.
What supports it
Negative pressure is receding, which keeps a repair path open.
What would improve it
A sustained recovery toward balance, followed by positive pressure, would strengthen the reading.
What could weaken it
Frequent recent changes around balance make the current direction less dependable.
What to watch next
The latest path is recovering with unstable trend quality. Comparable history is soft follow-through.
Statistical perspective
How unusual, persistent and historically consequential is this position?
Historical observations describe completed evidence. They do not predict the next price move.
Historical positionUpper 32% of history
The latest reading is stronger than 68% of completed observations.
State persistence210 completed weeks
The current negative state has persisted without interruption.
Comparable historySoft follow-through
Across 107 comparable completed observations, later closes were higher 34% of the time; the typical move was -2.0%. This is context, not a forecast.
Published transition history
What changed, and when
Transitions are completed observations, not standalone instructions to buy or sell.
Elevated strength
Positive pressure entered an historically strong position.
29 weeks ago
Elevated strength
Positive pressure entered an historically strong position.
34 weeks ago
Recovery began
Negative pressure remained, but the completed path began to repair.
37 weeks ago
Elevated strength
Positive pressure entered an historically strong position.
60 weeks ago
Price Action signal
A completed Price Action signal was published from a weak market-perception position.
63 weeks ago
Elevated strength
Positive pressure entered an historically strong position.
64 weeks ago
VWAP Control
Completed-week volume-weighted structure
VWAP Control
Shows price against its completed-week volume-weighted references, changes in control and the levels that would confirm or weaken the current reading.
Current controlBuyers firmly in control
Price is above the core VWAP, which is rising. 79% of recent weighted activity has been accepted above it.
85/100 pressure
ControlBuyers firmly in control
Pressure 85/100 and +16.9 points over four weeks.
VWAP stack5 of 6 below price
6 references converge near 0.82: High-activity anchor, Swing low, 13-week VWAP, 26-week VWAP, Year VWAP, 52-week VWAP.
Acceptance79% above
Share of recent completed weighted activity accepted on the prevailing side of the core VWAP.
Core direction+0.8% / week
Four-week direction; change in pace +1.0 pts.
Stretch0.5 normal ranges above
Price is +6.5% from the core VWAP.
Persistence1 completed week
Price has remained above the core VWAP.
Price, VWAP structure and control transfers
Where control changed
156 completed weeks · Reported weekly volume
Weekly close13-week VWAP26-week VWAP52-week VWAPHigh-activity anchorNormal VWAP rangePositive transferNegative transfer
Control backgroundBuyer controlContestedSeller control
Seller control50 · contestedBuyer control
Current VWAP signals
Control, agreement and concentration
Control transfer beginning
Control transfer beginning
Price has completed its first move back above the core VWAP; acceptance and the next retest now matter.
Price and VWAP pressure broadly agree
No material six-week disagreement is present between price direction and VWAP control.
VWAP cluster present
6 references converge near 0.82: High-activity anchor, Swing low, 13-week VWAP, 26-week VWAP, Year VWAP, 52-week VWAP.
Confirmation and failure levels
Levels that change the current reading
Confirmation0.86
A completed close above High-activity anchor with pressure holding above 60 would strengthen buyer control.
Decision area0.86
High-activity anchor at 0.86, 0.4% above the latest close.
Weakening level0.84
A completed close below Swing low with acceptance moving under 50% would weaken the present structure.
Current VWAP stack
Volume-weighted price levels
High-activity anchor0.86
+0.39% from close
Swing low0.84
-2.40% from close
13-week VWAP0.83
-3.40% from close
26-week VWAP0.81
-6.09% from close
Year VWAP0.79
-7.91% from close
52-week VWAP0.79
-8.62% from close
Estimated activity position
Activity above and below price
Below price 82%Above price 18%
41%near price
Most recent weighted activity is below price, leaving a larger estimated cushion beneath the market.
Estimated from completed weekly typical prices and reported activity; it is not holder-level cost-basis data.
Benchmark, sector and industry
VWAP control comparison
Sector and industry comparisons require at least ten constituents with aligned completed history.
Benchmark · ^SET.BKBroadly aligned with reference
Broadly aligned with reference; control-score gap +4.8 points.
Buyers firmly in control · 80/100
Sector · Basic MaterialsBroadly aligned with reference
Broadly aligned with reference; control-score gap -2.1 points.
Buyers firmly in control · 87/100
Industry · SteelBroadly aligned with reference
Broadly aligned with reference; control-score gap -1.3 points.
Buyers firmly in control · 86/100
Historical VWAP outcomes
Reclaims, losses and similar states
Descriptive outcomes from this ticker's visible history—not a forecast.
Weekly reclaim30% favourable
Events
10
Median 4w
-1.04%
Median 13w
-6.64%
Typical best
+3.83%
Typical worst
-12.92%
Completed occasions when price moved back above the core VWAP.
Weekly loss50% favourable
Events
10
Median 4w
+0.68%
Median 13w
-4.30%
Typical best
+5.76%
Typical worst
-14.35%
Completed occasions when price moved below the core VWAP.
Comparable control states2 matched weeks
The visible history does not contain enough closely comparable completed states.
VWAP control history
Completed changes
Core VWAP reclaimed
Price completed the week back above the core VWAP.
Core VWAP lost
Price completed the week below the core VWAP.
Core VWAP reclaimed
Price completed the week back above the core VWAP.
Core VWAP lost
Price completed the week below the core VWAP.
Core VWAP test held
Price traded through the core VWAP but recovered above it by the completed close.
Core VWAP reclaimed
Price completed the week back above the core VWAP.
Core VWAP lost
Price completed the week below the core VWAP.
Core VWAP reclaimed
Price completed the week back above the core VWAP.
Next-State Map
Next-State Map
Historical one-week transition paths from similar completed-week states.
SMI
Proprietary completed-week evidence
SMI
See whether the underlying conditions beneath price are strengthening, weakening or holding firm.
Current SMI readUnderlying support is rebuilding from a mixed position
Price and SMI are not presenting a decisive combined message. The latest reading is based on completed weekly evidence.
0.47 · Mixed
Current stateMixed · 0.47
Latest completed-week SMI reading
DirectionImproving
How the completed SMI path is changing
PersistenceDeveloping
4 completed weeks in the current state
Price relationshipMixed relationship
Price and SMI are not presenting a decisive combined message.
Price and SMI transitions
Where underlying support changed
Annotations identify selected completed SMI state changes.
Weekly CloseTrend LineFair ValueActivity Lines
SMI pathDirection, persistence and turning points
SMI 0.47 · Mixed
ImprovingHolding steadyWeakening
SMI in context
Historical context is still developing
There are not yet enough comparable completed observations for a responsible outcome summary.
Chart Summary
Key Points
Week Ending
21 Aug 2026
Latest Close
0.86
12-Week Change
8.86%
Trend Signal
Active
Next-Week Expectancy
Negative 35.89%
Signal Weeks
12 of 12
Vs Trend Line
Above
Vs Fair Value
Below
Relative Strength
-3.94
Market Dynamics
0.57
Over the latest 12 completed weeks ending 2026-08-21, THE rose 8.86%, moving from 0.79 to 0.86. The latest weekly close is above the Trend Line and below Fair Value. Trend Signal is active on the latest week and was active in 12 of the last 12 weeks. Relative Strength is -3.94 and has improved across the 12-week window. Market Dynamics is 0.57 on the latest week. Next-week expectancy is negative at 35.89% based on similar historical setup states.
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