Weekly structural research ยท ASX ยท Consumer Cyclical

CCV Stage Analysis

Cash Converters International Limited

Week ending 9 Oct 2026Close AUD 0.265Tenure NewBenchmark ^AXJO
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Downward Expansion ยท Early contraction

The weekly architecture is expanding downward.

Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation.

  • The Trend gate is down within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: wide and expanding.
Direction -73โˆ’100 bearish to +100 bullish
Energy 76/100directional strength
Maturity 16/100lifecycle context
Confidence 83/100evidence agreement
Trend gate Downstructural direction
Activity structure Wideexpanding separation
Price acceptance -100.0%position within the Activity structure
Fair Value context +7.7%AUD 0.246 ยท weakening
Trend Architecture map ยท 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.
  • Rotation UpStructure is turning higher.
  • Upward ExpansionUptrend is established.
  • DecelerationUptrend is losing energy.
  • Rotation DownStructure is turning lower.
  • Downward ExpansionDowntrend is established.
View chart values ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-10-090.2650.2957-11.443057969Downward Expansion-7376
2026-10-020.2650.297-11.514313787Downward Expansion-7777
2026-09-250.2750.2987-8.19684075Downward Expansion-6774
2026-09-180.2750.3003-9.043127691Downward Expansion-7176
2026-09-110.2750.3017-9.403631928Balance-7471
2026-09-040.280.303-10.80810853Balance-6147
2026-08-280.27980.3035-12.021776730Balance-3228
2026-08-210.30390.3045-4.34324587Rotation Up78
2026-08-140.30390.3051-5.13201112Rotation Up2535
2026-08-070.30880.3056-5.41525883Rotation Up3155
2026-07-310.32320.30632.081033154Rotation Up4061
2026-07-240.3250.30635.00500772Balance3144
2026-07-170.320.30583.261130040Balance2421
2026-07-100.310.30540.00531860Downward Expansion-209
2026-07-030.290.3049-6.77790991Downward Expansion-5432
2026-06-260.300.3053-2.70946677Downward Expansion-5141
2026-06-190.290.3053-6.47193201Downward Expansion-5445
2026-06-120.2950.3054-4.49463971Balance-4737
2026-06-050.2850.3054-5.651679008Balance-5935
2026-05-290.300.3056-1.79310756Balance-3114
2026-05-220.300.3058-0.741614699Balance-2815
2026-05-150.3050.3071.52573965Balance-2715
2026-05-080.310.30762.25937674Balance-2713
2026-05-010.3050.30891.182382988Downward Expansion-4724
2026-04-240.300.3091-0.744270559Downward Expansion-5146
2026-04-170.2950.3093-3.80706108Downward Expansion-5557
2026-04-100.290.3101-5.361185332Downward Expansion-5958
2026-04-030.2850.3117-2.681400069Balance-6553
2026-03-270.2950.31341.771424248Balance-4524
2026-03-200.3150.314210.161904807Balance-13
2026-03-130.30530.31494.962069122Balance-2311
2026-03-060.3150.3165.923138202Balance710
2026-02-270.32470.31595.482462260Balance-117
2026-02-200.3150.31564.041360724Balance-2819
2026-02-130.3150.3156.341473892Balance-2818
2026-02-060.29560.31472.721970485Balance-4823
2026-01-300.31020.31446.28856060Rotation Up822
2026-01-230.31980.313610.26926985Rotation Up2537
2026-01-160.31980.311810.271584942Rotation Up2335
2026-01-090.32950.309916.681906278Balance4233
2026-01-020.32470.307615.59966477Balance1614
2025-12-260.31020.305510.62152149Balance-87
2025-12-190.30770.303812.09905706Rotation Down-1211
2025-12-120.29560.30177.271674635Rotation Down-1922
2025-12-050.30050.299710.312187768Rotation Down-1730
2025-11-280.30050.297411.183599322Deceleration-1732
2025-11-210.29320.295111.702819429Deceleration-321
2025-11-140.29560.292710.475143248Deceleration214
2025-11-070.29080.29047.5911913017Deceleration37
2025-10-310.30530.288112.186099775Deceleration3424
2025-10-240.33510.285122.017582088Deceleration5637
2025-10-170.32470.281719.513652236Deceleration4026
2025-10-100.34890.278429.914134198Deceleration6034
2025-10-030.31020.273816.152241990Upward Expansion4127
2025-09-260.30530.27117.711973507Upward Expansion4737
2025-09-190.31980.268724.272823176Upward Expansion6151
2025-09-120.33920.265931.454827324Upward Expansion7263
2025-09-050.33450.262130.805735893Upward Expansion7368
2025-08-290.32040.258524.932644337Upward Expansion6867
2025-08-220.33450.255431.553837547Upward Expansion8081
2025-08-150.33920.251935.182906016Upward Expansion9080
2025-08-080.31090.24826.991614167Upward Expansion7482
2025-08-010.31570.24532.167323015Upward Expansion8693
2025-07-250.29680.24225.292637182Upward Expansion7489
2025-07-180.30620.239728.9610645778Upward Expansion9195
2025-07-110.28740.236924.792259039Upward Expansion8490
2025-07-040.28740.234725.674188894Upward Expansion8987
2025-06-270.26380.232417.481676836Upward Expansion6977
2025-06-200.26380.230618.163269887Upward Expansion7383
2025-06-130.25910.228816.232314887Upward Expansion7181
2025-06-060.26380.227119.432775375Upward Expansion8282
2025-05-300.25910.224919.172422857Upward Expansion7974
2025-05-230.2450.222914.328254836Deceleration6959
2025-05-160.23560.221410.634761115Deceleration5539
2025-05-090.23090.220310.313077080Deceleration3823
2025-05-020.23090.219410.65706695Deceleration3817
2025-04-250.22140.218410.08642533Deceleration1310
2025-04-180.22610.217914.90536511Deceleration209
2025-04-110.22140.217215.481856543Deceleration148
2025-04-040.21670.216113.102639396Deceleration711
2025-03-280.23090.215516.122214692Deceleration4221
2025-03-210.22630.214314.923073096Deceleration3416
2025-03-140.21270.212910.282168809Upward Expansion2218
2025-03-070.22630.212115.20846630Upward Expansion5742
2025-02-280.23530.210616.901749949Upward Expansion6951
2025-02-210.23530.209115.581160217Upward Expansion7149
2025-02-140.22630.20738.051025844Upward Expansion5644
2025-02-070.22630.20538.79766119Upward Expansion5845
2025-01-310.22630.20318.76352449Upward Expansion6148
2025-01-240.23080.201412.771595703Upward Expansion7456
2025-01-170.22170.20019.87752400Upward Expansion6355
2025-01-100.22170.198510.271927415Upward Expansion6670
2025-01-030.22630.19713.38734856Upward Expansion7486
2024-12-270.22630.195413.50669885Upward Expansion7986
2024-12-200.22170.193714.272723949Upward Expansion7583
2024-12-130.22170.192411.552332901Upward Expansion7881
2024-12-060.21720.19117.992154881Upward Expansion7574
2024-11-290.21270.18975.74988372Upward Expansion7060
2024-11-220.20820.18874.062509651Upward Expansion6442
2024-11-150.20820.18785.531847812Upward Expansion6739
2024-11-080.19910.1870.861386810Upward Expansion4229
2024-11-010.19910.18672.97595468Upward Expansion4634
2024-10-250.19910.18621.77622116Upward Expansion5846
2024-10-180.20360.18613.081120050Upward Expansion6164
2024-10-110.20360.18583.941106848Upward Expansion6467
2024-10-040.19910.18542.391148549Upward Expansion6060
2024-09-270.20820.18516.182253968Upward Expansion7066
2024-09-200.20360.18434.012708862Rotation Up6858
2024-09-130.19010.1839-1.592901626Rotation Up2633
2024-09-060.1990.18384.071611707Rotation Up4047
2024-08-300.19470.18320.821833296Rotation Up2633
2024-08-230.18170.183-5.171140721Rotation Up1218
2024-08-160.19040.1831-0.151068949Downward Expansion2022
2024-08-090.18170.1829-2.352501686Downward Expansion-2413
2024-08-020.19040.18270.123016643Downward Expansion-1813
2024-07-260.18170.1825-4.1910853363Downward Expansion-4739
2024-07-190.16440.1824-13.9019767704Downward Expansion-6242
2024-07-120.16010.1825-16.258242301Balance-7041
2024-07-050.17740.1829-5.857615166Balance-138
2024-06-280.19040.18261.584210873Deceleration56
2024-06-210.17310.1821-8.005180009Deceleration-3233
2024-06-140.17740.1818-5.041794378Deceleration-2620
2024-06-070.17740.1817-6.805611522Deceleration-1715
2024-05-310.17740.1816-5.092212374Deceleration-1921
2024-05-240.18170.1815-3.281524710Deceleration-1316
2024-05-170.18170.1813-4.501794682Deceleration-1317
2024-05-100.17740.1809-6.124454392Deceleration-2122
2024-05-030.18170.1809-2.48820760Deceleration713
2024-04-260.18170.1806-1.95331191Deceleration2016
2024-04-190.18170.1802-1.95502720Upward Expansion2914
2024-04-120.19040.18-0.36965299Upward Expansion5332
2024-04-050.1860.1796-2.543833170Upward Expansion5536
2024-03-290.19470.17930.172120020Upward Expansion6549
2024-03-220.19480.17891.752366895Upward Expansion6949
2024-03-150.19070.17820.81729949Upward Expansion6145
2024-03-080.19070.1776-1.552213851Upward Expansion6548
2024-03-010.18650.1771-2.522488773Upward Expansion5841
2024-02-230.19070.17690.952104741Upward Expansion7154
2024-02-160.18650.1763-1.311472882Upward Expansion6559
2024-02-090.18240.1759-3.322357409Upward Expansion6162
2024-02-020.18650.1756-1.841222056Upward Expansion7171
2024-01-260.18650.17520.071309914Rotation Up7169
2024-01-190.18240.1749-0.311218380Rotation Up3543
2024-01-120.17820.1748-3.55920148Rotation Up1220
2024-01-050.18240.1747-1.23468470Downward Expansion2319
2023-12-290.17820.1747-4.82645687Downward Expansion-199
2023-12-220.16990.1748-8.291153623Downward Expansion-5027
2023-12-150.16990.1752-7.782353191Downward Expansion-5242
2023-12-080.16990.1756-4.76991633Downward Expansion-5137
2023-12-010.17410.176-0.841536631Downward Expansion-4528
2023-11-240.16580.1764-5.145230500Downward Expansion-6437
2023-11-170.17410.177-0.641409485Downward Expansion-4018
2023-11-100.17410.17760.34372382Downward Expansion-4222
2023-11-030.17410.17820.20904165Downward Expansion-4220
2023-10-270.17410.17882.311423522Downward Expansion-4524
2023-10-200.16990.1792-1.21811247Downward Expansion-5944
Price vs TrendBelow-10.4%
Trend directionFalling-3.5%
Price vs current Fair ValuePremium+7.7%
Fair Value directionMoving away-23.5%
Relative Strength vs benchmarkLagging-11.4%
Relative strength directionWeakening-11.4%
Price momentumNegative-8.6%
Volume balanceSupply-led0.21ร—
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

-73 / ยฑ100

+1.2 points since 2026-09-11

Energy

76 /100

+4.7 points since 2026-09-11

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

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance11
Rotation Up10
Upward Expansion17
Deceleration38
Rotation Down80
Downward Expansion95

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 todayโ€™s regime

2023-10-20 to 2026-10-09 ยท 156 classified observations out of 156 shown.

Balance 16%Rotation Up 10%Upward Expansion 36%Deceleration 18%Rotation Down 2%Downward Expansion 19%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Downward Expansion2026-09-182026-10-09New-3.6%
Balance2026-08-282026-09-11New-1.7%
Rotation Up2026-07-312026-08-21New-6.0%
Balance2026-07-172026-07-24New+1.6%
Downward Expansion2026-06-192026-07-10New+6.9%
Balance2026-05-082026-06-12Developing-4.8%
Downward Expansion2026-04-102026-05-01New+5.2%
Balance2026-02-062026-04-03Developing-3.6%
Rotation Up2026-01-162026-01-30New-3.0%
Balance2025-12-262026-01-09New+6.2%
Rotation Down2025-12-052025-12-19New+2.4%
Deceleration2025-10-102025-11-28Developing-13.9%
Upward Expansion2025-05-302025-10-03Established+19.7%
Deceleration2025-03-212025-05-23Developing+8.3%
Classic Stage Analysis comparison
Stage 1 ยท Basing35
Stage 2 ยท Advancing0
Stage 3 ยท Distribution47
Stage 4 ยท Declining100

Legacy result: Stage 4 ยท Stage 4A ยท Breakdown. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^AXJO

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
96/100
Current Relative Strength
-11.44
Relative Strength direction
Weakening
Price momentum
-8.6%
Excess performance vs benchmark
-5.9%
Consumer Cyclical regime cohort
81th percentile32 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume2.35ร—

Latest completed volume relative to typical participation.

Up/down volume0.21ร—

Participation balance between advancing and declining observations.

Accumulation / distribution0 / 3

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+25.0%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity AUD 0.269falling
Slow Activity AUD 0.292falling
Trend Reference AUD 0.2957-10.4% close margin
Current Fair Value AUD 0.246+7.7% close margin
Structural low AUD 0.255shock / repair context
What changes the read?

Fan contraction and a persistent upward fast/slow rotation are required before the declining structure is considered repaired.

Range context +5.6%
Annualized volatility +22.1%
From structural high -22.1%
From structural low +3.9%
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 movePositive periodsDirectional follow-through Median excess vs ^AXJO Regime survived Read
Near term15+2.4%-2.4% to +15.8%+60.0%+26.7%+3.2%+53.3%Usable descriptive sample
Intermediate8+4.2%-14.5% to +23.9%+87.5%+12.5%+6.5%+37.5%Usable descriptive sample
Extended5+2.5%-8.6% to +34.9%+80.0%+20.0%+2.2%+40.0%Usable descriptive sample
Full cycle3+8.5%+4.4% to +63.3%+100.0%+0.0%+12.6%+33.3%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.

Evidence context