Weekly structural research · GER · Healthcare

GS71 Stage Analysis

GSK plc

Week ending 2 Oct 2026Close EUR 20.87Tenure DevelopingBenchmark ^GDAXI

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Downward Expansion · 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: moderate and expanding.

Direction -67−100 bearish to +100 bullish

Energy 47/100directional strength

Maturity 20/100lifecycle context

Confidence 82/100evidence agreement

Trend gate Downstructural direction

Activity structure Moderateexpanding separation

Price acceptance -66.7%position within the Activity structure

Fair Value context +13.4%EUR 18.40 · weakening

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.
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 · 156 observations

Week	Close	Trend	Relative Strength	Volume	Regime	Direction	Energy
2026-10-02	20.87	22.41	-6.87	158892	Downward Expansion	-67	47
2026-09-25	21.52	22.50	-4.49	192460	Downward Expansion	-56	48
2026-09-18	21.81	22.61	-2.50	112015	Downward Expansion	-59	56
2026-09-11	20.64	22.72	-8.39	98968	Downward Expansion	-79	69
2026-09-04	21.50	22.85	-6.14	156502	Downward Expansion	-65	63
2026-08-28	21.63	22.96	-7.20	21541	Downward Expansion	-64	56
2026-08-21	22.43	22.95	-1.90	33663	Downward Expansion	-52	48
2026-08-14	21.23	22.88	-7.87	27565	Balance	-76	63
2026-08-07	22.68	22.87	-0.81	32783	Balance	-35	24
2026-07-31	22.40	22.82	1.09	25284	Balance	-36	21
2026-07-24	22.35	22.77	3.47	32769	Balance	1	4
2026-07-17	22.41	22.70	5.46	173868	Balance	-2	8
2026-07-10	22.80	22.64	6.94	31361	Balance	6	11
2026-07-03	23.35	22.56	7.11	29312	Balance	16	18
2026-06-26	22.98	22.46	10.74	36081	Balance	5	11
2026-06-19	22.19	22.37	6.23	7746	Balance	1	5
2026-06-12	23.00	22.30	12.21	33610	Rotation Down	4	6
2026-06-05	22.41	22.20	9.28	45212	Rotation Down	-17	30
2026-05-29	21.75	22.11	5.05	158280	Rotation Down	-21	46
2026-05-22	22.13	22.05	8.17	196281	Rotation Down	-20	34
2026-05-15	21.33	21.92	8.83	459117	Balance	-27	35
2026-05-08	21.14	21.82	6.68	261592	Balance	-9	19
2026-05-01	22.17	21.72	12.58	786876	Upward Expansion	27	18
2026-04-24	23.15	21.60	18.94	135648	Upward Expansion	55	41
2026-04-17	24.42	21.38	23.30	186665	Upward Expansion	62	48
2026-04-10	24.76	21.13	30.64	322829	Deceleration	68	44
2026-04-03	24.36	20.87	33.10	559338	Deceleration	54	34
2026-03-27	23.39	20.62	33.63	606349	Deceleration	41	27
2026-03-20	22.29	20.39	27.83	378984	Upward Expansion	48	41
2026-03-13	23.32	20.20	28.36	237956	Upward Expansion	65	64
2026-03-06	23.35	19.96	28.51	239448	Upward Expansion	68	81
2026-02-27	24.84	19.71	28.31	518219	Upward Expansion	74	91
2026-02-20	25.12	19.40	30.58	632979	Upward Expansion	88	95
2026-02-13	24.49	19.08	29.89	393876	Upward Expansion	91	95
2026-02-06	24.93	18.77	34.09	797260	Upward Expansion	95	75
2026-01-30	21.30	18.47	16.17	299853	Upward Expansion	76	63
2026-01-23	20.46	18.29	10.34	514335	Upward Expansion	63	56
2026-01-16	20.67	18.14	10.00	349811	Upward Expansion	65	61
2026-01-09	21.43	17.98	14.44	362314	Upward Expansion	85	71
2026-01-02	20.72	17.84	14.16	218280	Upward Expansion	74	70
2025-12-26	20.46	17.74	13.86	152379	Upward Expansion	68	64
2025-12-19	20.47	17.63	14.35	622765	Upward Expansion	70	65
2025-12-12	20.46	17.50	14.99	340609	Upward Expansion	72	67
2025-12-05	20.39	17.36	15.59	726142	Upward Expansion	74	77
2025-11-28	20.20	17.20	15.71	3086180	Upward Expansion	73	86
2025-11-21	20.15	17.08	19.35	3145493	Upward Expansion	77	90
2025-11-14	20.06	16.93	15.14	587309	Upward Expansion	82	91
2025-11-07	19.70	16.76	14.72	693662	Upward Expansion	83	91
2025-10-31	19.87	16.59	13.84	1422915	Upward Expansion	90	92
2025-10-24	18.16	16.46	2.80	682827	Upward Expansion	66	80
2025-10-17	18.31	16.43	5.17	649189	Upward Expansion	75	81
2025-10-10	18.28	16.40	3.03	2284696	Upward Expansion	77	75
2025-10-03	18.36	16.37	2.56	7383197	Rotation Up	82	70
2025-09-26	16.72	16.34	-4.31	572843	Rotation Up	29	39
2025-09-19	16.86	16.36	-3.57	513655	Rotation Up	33	46
2025-09-12	17.06	16.35	-3.23	794035	Balance	38	40
2025-09-05	16.67	16.33	-5.68	1386477	Balance	11	21
2025-08-29	16.44	16.33	-8.85	782024	Balance	-16	18
2025-08-22	16.76	16.32	-9.52	4153392	Balance	-12	11
2025-08-15	16.20	16.27	-13.13	1517141	Downward Expansion	-37	21
2025-08-08	15.70	16.25	-15.75	3851969	Downward Expansion	-55	48
2025-08-01	15.60	16.24	-14.31	3994709	Downward Expansion	-57	54
2025-07-25	15.53	16.23	-18.11	1775069	Balance	-59	57
2025-07-18	15.15	16.23	-20.91	1775415	Balance	-39	43
2025-07-11	15.83	16.24	-17.86	3002513	Balance	-17	23
2025-07-04	15.89	16.22	-16.42	4116195	Upward Expansion	16	14
2025-06-27	15.99	16.21	-17.26	1296065	Upward Expansion	25	14
2025-06-20	15.98	16.19	-15.39	1698932	Upward Expansion	43	38
2025-06-13	17.32	16.17	-9.58	6007426	Upward Expansion	60	60
2025-06-06	17.48	16.10	-12.23	3799584	Balance	65	49
2025-05-30	17.42	16.04	-11.91	1552959	Balance	54	32
2025-05-23	16.51	16.00	-15.81	4712847	Balance	18	14
2025-05-16	16.24	16.00	-18.34	1554159	Balance	5	5
2025-05-09	15.66	16.02	-20.99	1823578	Deceleration	-15	18
2025-05-02	16.41	16.05	-16.41	2294779	Deceleration	-12	26
2025-04-25	15.69	16.05	-17.65	7758385	Deceleration	-20	34
2025-04-18	15.06	16.11	-17.62	2829928	Rotation Down	-28	36
2025-04-11	14.38	16.18	-18.63	6246795	Rotation Down	-23	25
2025-04-04	16.13	16.32	-10.48	5117456	Rotation Up	38	27
2025-03-28	17.17	16.40	-12.76	1717260	Rotation Up	37	51
2025-03-21	17.39	16.44	-13.77	6017427	Rotation Up	41	66
2025-03-14	17.33	16.46	-14.84	5972507	Rotation Up	42	68
2025-03-07	17.66	16.47	-13.77	2018619	Rotation Up	47	69
2025-02-28	17.24	16.45	-14.59	943137	Rotation Up	43	59
2025-02-21	16.69	16.44	-16.79	2475855	Downward Expansion	12	31
2025-02-14	16.43	16.46	-19.40	1884222	Downward Expansion	3	20
2025-02-07	16.57	16.48	-16.57	3616785	Downward Expansion	2	11
2025-01-31	16.10	16.49	-19.25	8963912	Downward Expansion	-34	22
2025-01-24	15.44	16.51	-21.78	384059	Downward Expansion	-45	33
2025-01-17	15.38	16.55	-20.66	2121004	Downward Expansion	-49	36
2025-01-10	15.42	16.63	-18.22	1201773	Downward Expansion	-49	40
2025-01-03	15.49	16.71	-16.99	179591	Downward Expansion	-49	41
2024-12-27	15.56	16.79	-17.32	126530	Downward Expansion	-60	46
2024-12-20	15.30	16.91	-18.53	3874511	Downward Expansion	-66	53
2024-12-13	15.37	17.05	-20.51	2281654	Downward Expansion	-65	53
2024-12-06	15.51	17.18	-19.92	3339948	Downward Expansion	-66	70
2024-11-29	15.38	17.31	-17.79	1044328	Downward Expansion	-70	80
2024-11-22	15.48	17.42	-16.21	4211240	Downward Expansion	-71	79
2024-11-15	14.99	17.50	-18.62	4752029	Downward Expansion	-88	86
2024-11-08	15.89	17.58	-14.01	1591785	Downward Expansion	-77	77
2024-11-01	16.14	17.64	-13.08	443053	Downward Expansion	-75	75
2024-10-25	16.48	17.69	-12.37	272836	Downward Expansion	-70	75
2024-10-18	16.73	17.76	-12.26	177298	Downward Expansion	-62	67
2024-10-11	16.71	17.81	-11.39	344390	Downward Expansion	-64	50
2024-10-04	16.46	17.84	-11.85	201776	Rotation Up	-61	41
2024-09-27	17.38	17.90	-8.95	190769	Rotation Up	-30	15
2024-09-20	17.34	17.92	-5.78	238029	Rotation Up	4	18
2024-09-13	18.36	17.95	-0.33	204475	Rotation Up	24	39
2024-09-06	18.50	17.94	2.58	409254	Downward Expansion	30	35
2024-08-30	18.55	17.92	-0.35	276074	Downward Expansion	-1	16
2024-08-23	17.83	17.87	-2.75	64056	Downward Expansion	-29	18
2024-08-16	17.59	17.83	-2.37	124657	Downward Expansion	-40	23
2024-08-09	17.10	17.80	-1.83	151078	Rotation Down	-55	36
2024-08-02	17.11	17.80	-1.32	169731	Rotation Down	-32	32
2024-07-26	17.20	17.77	-4.75	80096	Rotation Down	-35	53
2024-07-19	16.89	17.71	-5.11	86272	Rotation Down	-39	64
2024-07-12	16.89	17.66	-7.95	112131	Rotation Down	-32	59
2024-07-05	16.69	17.61	-7.63	132346	Rotation Down	-38	46
2024-06-28	16.87	17.56	-5.38	109708	Deceleration	-34	37
2024-06-21	17.64	17.51	-0.65	79431	Deceleration	11	18
2024-06-14	17.76	17.42	0.94	68007	Upward Expansion	29	19
2024-06-07	17.91	17.32	-1.02	320722	Upward Expansion	55	44
2024-05-31	19.34	17.21	7.32	86767	Upward Expansion	68	83
2024-05-24	19.43	17.05	7.04	119564	Upward Expansion	75	86
2024-05-17	19.35	16.91	6.78	129381	Upward Expansion	80	84
2024-05-10	19.37	16.77	6.76	114827	Deceleration	83	58
2024-05-03	18.71	16.65	7.71	127606	Deceleration	74	41
2024-04-26	17.86	16.56	2.12	90581	Deceleration	38	25
2024-04-19	17.24	16.49	1.01	140580	Upward Expansion	41	28
2024-04-12	17.77	16.45	3.09	103678	Upward Expansion	49	43
2024-04-05	17.56	16.40	0.52	99317	Upward Expansion	53	49
2024-03-29	18.55	16.32	4.32	157696	Upward Expansion	78	67
2024-03-22	18.23	16.20	4.27	137569	Upward Expansion	72	65
2024-03-15	17.85	16.08	3.75	137275	Upward Expansion	67	66
2024-03-08	18.16	15.96	6.28	231446	Upward Expansion	72	79
2024-03-01	17.98	15.84	5.95	148576	Upward Expansion	68	87
2024-02-23	18.18	15.71	9.20	180739	Upward Expansion	81	92
2024-02-16	18.05	15.59	10.54	231282	Upward Expansion	86	93
2024-02-09	17.80	15.47	10.44	251375	Upward Expansion	89	94
2024-02-02	17.33	15.35	7.73	327465	Upward Expansion	85	94
2024-01-26	16.55	15.23	2.78	125271	Upward Expansion	67	84
2024-01-19	16.75	15.17	6.68	155257	Upward Expansion	79	86
2024-01-12	16.87	15.11	6.57	258493	Upward Expansion	87	82
2024-01-05	16.40	15.03	4.41	269966	Deceleration	79	66
2023-12-29	15.38	14.97	-3.02	60135	Deceleration	41	31
2023-12-22	15.42	14.93	-2.80	114907	Deceleration	42	27
2023-12-15	15.18	14.91	-4.83	238097	Deceleration	32	20
2023-12-08	15.29	14.89	-4.50	115986	Deceleration	32	16
2023-12-01	15.32	14.89	-2.47	198865	Deceleration	17	13
2023-11-24	15.10	14.88	-1.86	141877	Deceleration	-14	23
2023-11-17	14.79	14.87	-3.32	144325	Deceleration	-14	27
2023-11-10	14.52	14.88	-0.87	171841	Deceleration	-14	27
2023-11-03	14.61	14.90	0.04	293352	Deceleration	11	18
2023-10-27	15.04	14.94	6.20	160001	Upward Expansion	39	25
2023-10-20	15.23	14.92	6.55	153692	Upward Expansion	58	42
2023-10-13	15.92	14.89	8.36	256823	Upward Expansion	64	74

Price vs TrendBelow-6.9%

Trend directionFalling-1.6%

Price vs current Fair ValuePremium+13.4%

Fair Value directionMoving away-17.6%

Relative Strength vs benchmarkLagging-6.9%

Relative strength directionWeakening-14.0%

Price momentumNegative-14.3%

Volume balanceSupply-led0.23×

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

-67 / ±100

-1.6 points since 2026-09-04

Energy

47 /100

-16.1 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.

GS71 Directional State ↗ GS71 Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance20

Rotation Up15

Upward Expansion6

Deceleration48

Rotation Down63

Downward Expansion79

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 14%Rotation Up 8%Upward Expansion 35%Deceleration 14%Rotation Down 8%Downward Expansion 22%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-08-21	2026-10-02	Developing	-7.0%
Balance	2026-06-19	2026-08-14	Developing	-4.3%
Rotation Down	2026-05-22	2026-06-12	New	+3.9%
Balance	2026-05-08	2026-05-15	New	+0.9%
Upward Expansion	2026-04-17	2026-05-01	New	-9.2%
Deceleration	2026-03-27	2026-04-10	New	+5.9%
Upward Expansion	2025-10-10	2026-03-20	Established	+21.9%
Rotation Up	2025-09-19	2025-10-03	New	+8.8%
Balance	2025-08-22	2025-09-12	New	+1.8%
Downward Expansion	2025-08-01	2025-08-15	New	+3.8%
Balance	2025-07-11	2025-07-25	New	-1.9%
Upward Expansion	2025-06-13	2025-07-04	New	-8.2%
Balance	2025-05-16	2025-06-06	New	+7.6%
Deceleration	2025-04-25	2025-05-09	New	-0.2%

Classic Stage Analysis comparison

Stage 1 · Basing36

Stage 2 · Advancing7

Stage 3 · Distribution63

Stage 4 · Declining93

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

Leadership versus ^GDAXI

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: 89/100
Current Relative Strength: -6.87
Relative Strength direction: Weakening
Price momentum: -14.3%
Excess performance vs benchmark: -23.2%
Healthcare regime cohort: 38th percentile21 in cohort

Test GS71 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.98×

Latest completed volume relative to typical participation.

Up/down volume0.23×

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 5

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+0.0%

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.

Explore GS71 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity EUR 21.24falling

Slow Activity EUR 22.07falling

Trend Reference EUR 22.41-6.9% close margin

Current Fair Value EUR 18.40+13.4% close margin

Structural low EUR 20.62shock / 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 +4.6%

Annualized volatility +23.7%

From structural high -19.0%

From structural low +16.1%

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 ^GDAXI	Regime survived	Read
Near term	14	+0.8%-5.4% to +11.3%	+50.0%	+50.0%	+2.0%	+64.3%	Usable descriptive sample
Intermediate	7	+4.6%-14.8% to +27.3%	+57.1%	+42.9%	-6.7%	+42.9%	Usable descriptive sample
Extended	5	+4.5%-6.6% to +51.2%	+60.0%	+40.0%	-9.6%	+40.0%	Usable descriptive sample
Full cycle	3	+6.0%-11.4% to +25.0%	+66.7%	+33.3%	-15.4%	+66.7%	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.

GS71 Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding downward.

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

The weekly architecture is expanding downward.

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