Weekly structural research ยท LSE ยท Technology

KNOS Stage Analysis

Kainos Group plc

Week ending 9 Oct 2026Close GBP 1,237.00Tenure DevelopingBenchmark ^FTSE
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Upward Expansion ยท Established expansion

The weekly architecture is expanding upward.

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.

  • The Trend gate is up within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: wide and contracting.
Direction 69โˆ’100 bearish to +100 bullish
Energy 64/100directional strength
Maturity 79/100lifecycle context
Confidence 78/100evidence agreement
Trend gate Upstructural direction
Activity structure Widecontracting separation
Price acceptance +50.0%position within the Activity structure
Fair Value context +35.6%GBP 912.23 ยท improving
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
2026-10-091,237.00928.1630.132306812Upward Expansion6964
2026-10-021,200.00913.1327.751788415Upward Expansion6463
2026-09-251,218.97900.3327.341331167Upward Expansion7068
2026-09-181,205.20884.8626.812206429Upward Expansion6786
2026-09-111,166.83868.5723.381269264Upward Expansion6989
2026-09-041,222.91853.4127.52414419Upward Expansion8293
2026-08-281,226.84838.3128.51570860Upward Expansion9397
2026-08-211,294.00827.4236.721096920Upward Expansion9999
2026-08-14970.00815.704.09742368Upward Expansion8281
2026-08-07933.50816.70-0.89275317Balance7462
2026-07-31880.50819.65-6.07265704Balance2316
2026-07-24820.00823.38-11.41261186Balance-3017
2026-07-17815.50829.85-10.82144936Balance-3730
2026-07-10771.50837.23-14.89297250Balance-5539
2026-07-03781.00846.85-15.43167170Balance-4129
2026-06-26769.50856.92-15.50188275Balance-4225
2026-06-19791.50866.03-12.07388546Balance-3113
2026-06-12822.00872.68-9.80214259Balance-713
2026-06-05849.50877.76-6.00150720Balance-714
2026-05-29871.50880.34-3.991695056Balance-211
2026-05-22880.50882.69-3.512228873Balance18
2026-05-15814.50884.79-8.351760161Balance-1514
2026-05-08813.00888.68-9.133404809Downward Expansion-1320
2026-05-01830.00893.53-8.691844483Downward Expansion-2622
2026-04-24836.50897.58-8.272490555Downward Expansion-3222
2026-04-17878.00899.45-6.372198439Downward Expansion-3425
2026-04-10753.50899.06-19.192087319Downward Expansion-5848
2026-04-03760.50903.73-17.311713559Downward Expansion-5949
2026-03-27704.00907.59-19.921622957Downward Expansion-7255
2026-03-20726.50907.69-17.122817278Downward Expansion-7154
2026-03-13786.00907.53-13.491829300Rotation Down-6257
2026-03-06816.00904.25-10.531952815Rotation Down-3869
2026-02-27755.00900.73-22.042002754Rotation Down-4176
2026-02-20716.50899.47-24.632030475Rotation Down-5480
2026-02-13712.00899.60-23.705348775Rotation Down-5171
2026-02-06770.00900.33-17.284351803Deceleration-4542
2026-01-30900.00898.40-2.261629628Deceleration-514
2026-01-23942.50892.843.032243533Deceleration2518
2026-01-161,000.00885.878.291516113Deceleration3925
2026-01-091,022.00877.3812.00741335Upward Expansion4331
2026-01-02992.50868.5910.90874682Upward Expansion5742
2025-12-261,014.00860.2614.37327291Upward Expansion6253
2025-12-191,037.00850.6916.811892563Upward Expansion6569
2025-12-121,060.00840.2222.722603698Upward Expansion7080
2025-12-051,083.00831.9925.482202337Upward Expansion8386
2025-11-281,043.00822.6820.542417132Upward Expansion7859
2025-11-21991.00813.0917.053614796Upward Expansion6953
2025-11-14974.40803.4013.292108980Upward Expansion6953
2025-11-07926.91794.337.831011756Upward Expansion6152
2025-10-31941.91784.619.121204009Upward Expansion6458
2025-10-24943.41773.8810.252152206Upward Expansion6868
2025-10-17931.41765.4912.172010628Upward Expansion6781
2025-10-10958.40758.0314.542420943Upward Expansion8191
2025-10-03951.41750.0813.031725996Upward Expansion8291
2025-09-26892.73742.698.321622242Upward Expansion7487
2025-09-19866.24736.165.572849542Upward Expansion7082
2025-09-12893.73732.257.821803455Upward Expansion8079
2025-09-05876.24728.916.373718074Upward Expansion7051
2025-08-29706.79725.73-14.141746958Balance-4333
2025-08-22721.78729.43-14.592154774Balance-4134
2025-08-15687.79732.20-17.91827578Balance-5140
2025-08-08710.29735.59-15.77820769Balance-4126
2025-08-01717.28736.88-15.57846060Balance-3821
2025-07-25720.28738.69-16.53956143Balance-3619
2025-07-18733.78740.84-14.73839423Balance-3016
2025-07-11712.28742.11-17.591593826Balance-3618
2025-07-04733.28745.46-14.891230652Balance-2511
2025-06-27733.28748.14-15.452752205Balance-75
2025-06-20745.27749.56-14.603340040Balance-66
2025-06-13758.27752.41-14.651993767Balance-2012
2025-06-06742.78755.42-17.051894960Balance-1211
2025-05-30726.78757.15-19.162559485Rotation Up-918
2025-05-23722.78757.68-19.952498144Rotation Up1124
2025-05-16813.25761.21-10.641536715Downward Expansion2832
2025-05-09803.76761.72-10.871031510Downward Expansion-417
2025-05-02755.27761.92-17.081900970Downward Expansion-3119
2025-04-25700.29765.50-21.931634887Downward Expansion-5943
2025-04-18702.29772.63-20.861555973Downward Expansion-6155
2025-04-11635.31778.74-26.022094484Downward Expansion-7371
2025-04-04619.81786.54-29.151914658Downward Expansion-8171
2025-03-28691.79793.87-27.041077748Downward Expansion-6656
2025-03-21707.79807.65-25.791277784Downward Expansion-6363
2025-03-14719.78820.30-24.961626725Downward Expansion-6160
2025-03-07729.78831.95-25.002251134Downward Expansion-5852
2025-02-28696.79842.67-30.112072205Downward Expansion-6950
2025-02-21748.77854.15-24.391081214Downward Expansion-5527
2025-02-14793.76866.71-21.26812693Downward Expansion-3315
2025-02-07780.76876.02-22.951450952Downward Expansion-3817
2025-01-31817.75886.04-19.821436486Downward Expansion-3720
2025-01-24804.76894.49-20.251359856Downward Expansion-5129
2025-01-17789.76902.91-22.36842016Downward Expansion-5436
2025-01-10748.77913.16-24.62955300Downward Expansion-6242
2025-01-03771.77924.65-22.60427703Downward Expansion-5940
2024-12-27784.76938.76-21.09363167Downward Expansion-5537
2024-12-20771.77950.98-22.371525131Downward Expansion-6141
2024-12-13812.75965.83-20.963372155Downward Expansion-4333
2024-12-06813.75974.12-21.451784272Downward Expansion-4534
2024-11-29775.77981.30-25.262276548Downward Expansion-6342
2024-11-22830.75988.52-20.121629455Downward Expansion-5845
2024-11-15848.65992.48-16.721841667Downward Expansion-6150
2024-11-08794.67994.64-22.441677767Downward Expansion-6565
2024-11-01742.691,000.23-29.183345739Downward Expansion-8178
2024-10-25828.651,008.18-22.461771511Downward Expansion-6771
2024-10-18828.651,012.72-24.05859382Downward Expansion-7070
2024-10-11809.661,017.90-25.401230356Downward Expansion-7878
2024-10-04862.641,025.52-21.35791025Downward Expansion-6878
2024-09-27914.421,032.44-17.60873211Downward Expansion-6177
2024-09-20885.441,038.14-19.811729589Downward Expansion-6776
2024-09-13869.451,045.30-22.261482874Rotation Down-7673
2024-09-06839.471,053.33-24.684882972Rotation Down-4045
2024-08-301,105.301,062.66-3.99852065Balance3615
2024-08-231,087.311,064.26-5.43381386Balance1711
2024-08-161,069.321,064.19-7.21804147Balance158
2024-08-091,051.331,062.39-7.641535647Balance127
2024-08-021,041.341,061.32-9.121477367Balance209
2024-07-261,125.281,061.09-3.691201390Balance3917
2024-07-191,073.321,060.86-7.051337435Balance2718
2024-07-121,081.311,061.86-7.911561555Balance2919
2024-07-051,071.321,060.99-8.771356802Upward Expansion3219
2024-06-281,057.331,057.46-10.00697177Upward Expansion3823
2024-06-211,097.301,053.86-7.851907187Upward Expansion5846
2024-06-141,093.301,048.75-7.62881394Upward Expansion6368
2024-06-071,195.241,045.85-0.88758161Rotation Up7577
2024-05-311,151.271,047.04-5.181311252Rotation Up3341
2024-05-241,217.231,047.97-0.692028406Rotation Up4339
2024-05-171,061.321,044.14-14.681245959Downward Expansion-1816
2024-05-101,029.351,045.60-17.72722820Downward Expansion-4230
2024-05-03992.371,048.70-18.921622837Downward Expansion-6047
2024-04-26949.401,053.59-22.151109201Downward Expansion-6365
2024-04-19913.421,060.22-23.192803212Downward Expansion-7775
2024-04-12962.391,070.97-20.504367268Downward Expansion-6972
2024-04-05981.381,079.82-18.642118343Downward Expansion-6468
2024-03-29964.891,088.41-20.923650196Balance-7063
2024-03-22983.871,097.04-19.741639009Balance-5535
2024-03-151,038.341,103.74-13.721097340Balance-4122
2024-03-081,070.321,109.23-10.73853502Balance-2511
2024-03-011,085.311,116.35-10.073732170Balance-1013
2024-02-231,100.301,123.50-9.485298971Balance-717
2024-02-161,110.291,129.16-9.053711470Balance-918
2024-02-091,119.291,134.98-7.082438951Balance-1112
2024-02-021,153.271,141.23-5.204821409Balance-96
2024-01-261,085.311,143.92-11.541229291Downward Expansion-3924
2024-01-191,015.351,148.77-15.811183509Downward Expansion-4425
2024-01-121,019.351,157.33-17.82853682Downward Expansion-4121
2024-01-051,034.341,170.54-17.84538863Downward Expansion-3822
2023-12-291,118.291,178.83-12.37512832Downward Expansion-3921
2023-12-221,103.301,185.28-13.77956669Downward Expansion-5638
2023-12-151,055.331,190.53-16.781713323Downward Expansion-6066
2023-12-08965.391,196.12-24.301437349Downward Expansion-6575
2023-12-01949.401,204.61-26.031157571Downward Expansion-7168
2023-11-24943.901,215.16-26.80643456Downward Expansion-7546
2023-11-171,006.281,224.99-22.942620388Downward Expansion-7137
2023-11-101,231.111,232.85-4.73717546Downward Expansion-3421
2023-11-031,179.151,238.14-9.74473436Downward Expansion-5744
2023-10-271,102.211,243.56-14.321679307Downward Expansion-6363
2023-10-201,105.201,252.85-15.64623496Downward Expansion-6564
Price vs TrendAbove+33.3%
Trend directionRising+13.2%
Price vs current Fair ValuePremium+35.6%
Fair Value directionClosing upward+52.0%
Relative Strength vs benchmarkLeading+30.1%
Relative strength directionImproving+45.0%
Price momentumPositive+64.2%
Volume balanceDemand-led2.13ร—
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

69 / ยฑ100

+0.6 points since 2026-09-11

Energy

64 /100

-25.3 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 Up54
Upward Expansion83
Deceleration71
Rotation Down26
Downward Expansion12

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 28%Rotation Up 3%Upward Expansion 21%Deceleration 3%Rotation Down 5%Downward Expansion 42%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Upward Expansion2026-08-142026-10-09Developing+27.5%
Balance2026-05-152026-08-07Established+14.6%
Downward Expansion2026-03-202026-05-08Developing+11.9%
Rotation Down2026-02-132026-03-13Developing+10.4%
Deceleration2026-01-162026-02-06New-23.0%
Upward Expansion2025-09-052026-01-09Established+16.6%
Balance2025-06-062025-08-29Established-4.8%
Rotation Up2025-05-232025-05-30New+0.6%
Downward Expansion2024-09-202025-05-16Extended-8.2%
Rotation Down2024-09-062024-09-13New+3.6%
Balance2024-07-122024-08-30Developing+2.2%
Upward Expansion2024-06-142024-07-05New-2.0%
Rotation Up2024-05-242024-06-07New-1.8%
Downward Expansion2024-04-052024-05-17Developing+8.1%
Classic Stage Analysis comparison
Stage 1 ยท Basing20
Stage 2 ยท Advancing100
Stage 3 ยท Distribution50
Stage 4 ยท Declining0

Legacy result: Stage 2 ยท Stage 2C ยท Late advance. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^FTSE

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

Leading benchmark

Architecture confirmation
97/100
Current Relative Strength
30.13
Relative Strength direction
Improving
Price momentum
+64.2%
Excess performance vs benchmark
+64.6%
Technology regime cohort
21th percentile34 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume2.92ร—

Latest completed volume relative to typical participation.

Up/down volume2.13ร—

Participation balance between advancing and declining observations.

Accumulation / distribution4 / 2

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity GBP 1,214.61rising
Slow Activity GBP 1,013.98rising
Trend Reference GBP 928.16+33.3% close margin
Current Fair Value GBP 912.23+35.6% close margin
Structural low GBP 736.00shock / repair context
What changes the read?

Sustained fan recompression, a fast-line rollover or repeated closes inside/below the fan move the read toward Deceleration or Rotation Down.

Range context +7.4%
Annualized volatility +51.1%
From structural high -4.4%
From structural low +80.3%
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 ^FTSE Regime survived Read
Near term15-0.4%-11.3% to +20.3%+46.7%+46.7%-2.4%+66.7%Usable descriptive sample
Intermediate6-19.0%-24.7% to +23.6%+33.3%+33.3%-22.4%+16.7%Usable descriptive sample
Extended4-17.4%-25.7% to -6.9%+0.0%+0.0%-21.8%+0.0%Too little matched history
Full cycle4-23.9%-42.5% to +39.6%+25.0%+25.0%-31.0%+25.0%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.

Evidence context