Weekly structural research · TOR · Industrials

DCM Stage Analysis

DATA Communications Management Corp.

Week ending 2 Oct 2026Close CAD 2.28Tenure NewBenchmark ^GSPTSE

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Deceleration · Recompressing

The upward structure remains, but its energy is decelerating.

Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down.

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

Direction 22−100 bearish to +100 bullish

Energy 25/100directional strength

Maturity 71/100lifecycle context

Confidence 95/100evidence agreement

Trend gate Upstructural direction

Activity structure Moderatecontracting separation

Price acceptance -16.7%position within the Activity structure

Fair Value context +14.1%CAD 2.00 · 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.
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	2.28	2.02	19.10	278900	Deceleration	22	25
2026-09-25	2.23	2.00	16.36	130200	Deceleration	28	27
2026-09-18	2.19	1.97	14.94	379200	Deceleration	34	28
2026-09-11	2.36	1.95	24.62	223500	Upward Expansion	47	41
2026-09-04	2.55	1.92	32.90	152600	Upward Expansion	52	54
2026-08-28	2.57	1.88	34.85	25900	Upward Expansion	66	65
2026-08-21	2.77	1.85	46.01	205100	Upward Expansion	71	69
2026-08-14	2.54	1.81	34.75	19500	Upward Expansion	69	89
2026-08-07	2.96	1.79	59.42	56900	Upward Expansion	92	97
2026-07-31	2.88	1.75	62.00	81600	Upward Expansion	97	99
2026-07-24	2.59	1.71	46.68	29800	Upward Expansion	94	98
2026-07-17	2.53	1.68	44.60	206700	Upward Expansion	96	98
2026-07-10	2.40	1.65	37.63	330300	Upward Expansion	91	87
2026-07-03	1.83	1.63	5.25	73100	Balance	69	49
2026-06-26	1.67	1.63	-3.79	1800	Balance	10	6
2026-06-19	1.66	1.63	-4.95	11200	Balance	9	5
2026-06-12	1.63	1.63	-7.43	22900	Balance	-3	4
2026-06-05	1.60	1.62	-8.43	41300	Balance	-3	7
2026-05-29	1.68	1.60	-5.43	55200	Balance	41	23
2026-05-22	1.68	1.59	-4.72	40100	Balance	42	23
2026-05-15	1.70	1.58	-2.53	216700	Balance	48	31
2026-05-08	1.61	1.57	-9.45	226000	Balance	40	25
2026-05-01	1.62	1.56	-8.96	126000	Balance	41	28
2026-04-24	1.73	1.55	-3.03	143000	Balance	62	36
2026-04-17	1.63	1.54	-10.79	241800	Balance	39	25
2026-04-10	1.62	1.53	-10.33	227500	Balance	36	24
2026-04-03	1.61	1.52	-9.93	267000	Balance	29	18
2026-03-27	1.58	1.51	-9.12	239900	Rotation Down	-1	5
2026-03-20	1.57	1.51	-8.58	357800	Rotation Down	-16	17
2026-03-13	1.47	1.51	-18.16	532600	Rotation Down	-21	40
2026-03-06	1.45	1.51	-21.34	272300	Rotation Down	-25	41
2026-02-27	1.46	1.51	-24.58	2582400	Deceleration	-23	32
2026-02-20	1.48	1.51	-23.10	228000	Deceleration	-19	28
2026-02-13	1.47	1.51	-22.67	841300	Deceleration	9	20
2026-02-06	1.48	1.52	-21.21	345500	Upward Expansion	22	16
2026-01-30	1.55	1.52	-16.68	420500	Upward Expansion	42	33
2026-01-23	1.73	1.53	-10.63	214300	Upward Expansion	60	51
2026-01-16	1.86	1.53	-4.30	348300	Upward Expansion	71	55
2026-01-09	1.86	1.53	-3.49	202300	Rotation Up	74	49
2026-01-02	1.70	1.52	-10.14	99700	Rotation Up	34	36
2025-12-26	1.65	1.52	-14.09	73400	Rotation Up	34	61
2025-12-19	1.67	1.53	-12.43	434600	Rotation Up	27	58
2025-12-12	1.72	1.53	-10.08	279300	Rotation Up	29	57
2025-12-05	1.88	1.53	-1.34	257700	Rotation Up	47	48
2025-11-28	1.71	1.52	-10.83	193800	Rotation Up	13	18
2025-11-21	1.40	1.52	-24.34	199400	Downward Expansion	-43	30
2025-11-14	1.34	1.53	-28.26	218700	Downward Expansion	-56	39
2025-11-07	1.25	1.54	-32.36	103700	Downward Expansion	-71	51
2025-10-31	1.32	1.55	-30.70	758000	Downward Expansion	-62	49
2025-10-24	1.37	1.56	-29.59	127500	Downward Expansion	-63	52
2025-10-17	1.28	1.58	-34.61	365400	Downward Expansion	-73	71
2025-10-10	1.28	1.59	-35.04	229500	Downward Expansion	-79	78
2025-10-03	1.34	1.61	-34.40	164500	Downward Expansion	-73	72
2025-09-26	1.36	1.63	-32.81	232200	Downward Expansion	-71	69
2025-09-19	1.40	1.64	-31.85	183700	Downward Expansion	-69	68
2025-09-12	1.43	1.66	-30.33	67700	Downward Expansion	-65	65
2025-09-05	1.40	1.67	-31.93	127900	Downward Expansion	-69	65
2025-08-29	1.45	1.67	-29.56	39200	Downward Expansion	-63	66
2025-08-22	1.50	1.68	-27.74	146100	Downward Expansion	-62	70
2025-08-15	1.43	1.69	-30.91	98500	Downward Expansion	-67	72
2025-08-08	1.44	1.71	-31.04	438800	Downward Expansion	-66	66
2025-08-01	1.44	1.72	-30.16	493100	Balance	-67	56
2025-07-25	1.58	1.73	-26.07	284000	Balance	-54	32
2025-07-18	1.64	1.74	-23.40	229500	Balance	-36	13
2025-07-11	1.75	1.74	-18.39	240700	Balance	3	9
2025-07-04	1.81	1.75	-16.12	156500	Balance	12	9
2025-06-27	1.72	1.74	-20.17	236500	Downward Expansion	-27	12
2025-06-20	1.71	1.74	-20.81	104100	Downward Expansion	-17	7
2025-06-13	1.76	1.73	-19.20	324900	Downward Expansion	-20	9
2025-06-06	1.62	1.73	-26.12	235400	Downward Expansion	-35	17
2025-05-30	1.75	1.75	-20.30	81200	Downward Expansion	-22	13
2025-05-23	1.79	1.78	-18.37	152800	Downward Expansion	-19	10
2025-05-16	1.79	1.80	-19.32	212700	Downward Expansion	-26	13
2025-05-09	1.62	1.81	-25.89	26500	Downward Expansion	-53	29
2025-05-02	1.69	1.84	-22.84	42600	Downward Expansion	-49	35
2025-04-25	1.67	1.85	-23.58	84700	Downward Expansion	-50	44
2025-04-18	1.67	1.87	-22.82	31100	Downward Expansion	-50	41
2025-04-11	1.59	1.90	-25.40	176800	Balance	-59	41
2025-04-04	1.63	1.93	-23.16	175000	Balance	-56	29
2025-03-28	1.79	1.95	-21.72	326200	Balance	-17	10
2025-03-21	1.78	1.98	-23.58	53500	Balance	-19	11
2025-03-14	1.79	2.00	-22.93	184900	Balance	-20	15
2025-03-07	1.92	2.02	-19.00	164100	Downward Expansion	-29	16
2025-02-28	1.77	2.04	-27.86	389500	Downward Expansion	-51	33
2025-02-21	1.85	2.06	-25.03	792700	Downward Expansion	-55	38
2025-02-14	1.61	2.09	-36.28	66200	Downward Expansion	-72	64
2025-02-07	1.68	2.11	-34.35	121900	Downward Expansion	-61	39
2025-01-31	1.75	2.13	-32.58	187300	Downward Expansion	-55	34
2025-01-24	1.80	2.15	-31.01	120500	Downward Expansion	-42	30
2025-01-17	1.76	2.16	-31.74	205900	Downward Expansion	-44	34
2025-01-10	1.84	2.18	-28.53	172100	Downward Expansion	-44	35
2025-01-03	1.81	2.19	-31.14	127900	Downward Expansion	-46	37
2024-12-27	1.77	2.22	-32.08	43400	Downward Expansion	-60	49
2024-12-20	1.79	2.24	-31.31	166100	Downward Expansion	-63	64
2024-12-13	1.84	2.25	-31.65	1489800	Downward Expansion	-64	80
2024-12-06	1.66	2.28	-39.66	284900	Downward Expansion	-66	86
2024-11-29	1.67	2.31	-39.67	252200	Downward Expansion	-69	84
2024-11-22	1.59	2.34	-42.38	1433200	Downward Expansion	-79	81
2024-11-15	1.52	2.38	-44.39	842500	Downward Expansion	-79	61
2024-11-08	2.40	2.42	-12.30	111500	Balance	-22	15
2024-11-01	2.43	2.43	-9.86	341200	Downward Expansion	-25	10
2024-10-25	2.42	2.43	-11.26	86300	Downward Expansion	-42	26
2024-10-18	2.35	2.44	-15.61	103500	Downward Expansion	-52	47
2024-10-11	2.24	2.46	-18.77	315700	Balance	-58	50
2024-10-04	2.25	2.48	-17.57	599800	Balance	-56	41
2024-09-27	2.27	2.50	-16.73	102300	Balance	-44	25
2024-09-20	2.41	2.53	-11.62	100300	Balance	-23	10
2024-09-13	2.41	2.54	-10.91	83800	Balance	-11	11
2024-09-06	2.46	2.56	-6.29	26100	Balance	-10	12
2024-08-30	2.51	2.55	-7.00	161900	Balance	-6	11
2024-08-23	2.52	2.55	-6.65	67100	Balance	-8	13
2024-08-16	2.42	2.54	-9.81	35200	Balance	-28	21
2024-08-09	2.40	2.54	-7.85	284900	Downward Expansion	-33	19
2024-08-02	2.47	2.54	-5.45	82800	Downward Expansion	-38	20
2024-07-26	2.47	2.53	-8.34	50500	Downward Expansion	-44	29
2024-07-19	2.24	2.52	-16.86	87500	Downward Expansion	-65	50
2024-07-12	2.31	2.52	-14.43	276900	Rotation Down	-58	43
2024-07-05	2.30	2.52	-13.01	15000	Rotation Down	-35	48
2024-06-28	2.30	2.51	-12.23	58100	Rotation Down	-35	40
2024-06-21	2.30	2.51	-11.16	123800	Rotation Down	-36	47
2024-06-14	2.25	2.51	-13.63	105600	Rotation Down	-34	54
2024-06-07	2.50	2.51	-6.25	98300	Rotation Down	-19	41
2024-05-31	2.35	2.50	-13.08	41300	Deceleration	-28	45
2024-05-24	2.35	2.50	-13.35	349500	Deceleration	-9	21
2024-05-17	2.49	2.50	-8.77	264400	Deceleration	3	9
2024-05-10	2.68	2.50	-0.96	54200	Deceleration	22	12
2024-05-03	2.62	2.49	-1.75	276700	Deceleration	30	16
2024-04-26	2.62	2.48	-1.76	25400	Deceleration	32	20
2024-04-19	2.83	2.48	6.18	66300	Deceleration	40	24
2024-04-12	2.59	2.47	-3.24	67000	Deceleration	33	25
2024-04-05	2.61	2.47	-4.20	75700	Upward Expansion	41	25
2024-03-29	2.72	2.47	0.45	508800	Upward Expansion	59	46
2024-03-22	2.75	2.46	2.92	389300	Upward Expansion	64	70
2024-03-15	2.90	2.45	9.68	507900	Upward Expansion	68	86
2024-03-08	3.06	2.44	17.23	199400	Rotation Up	85	94
2024-03-01	2.95	2.44	14.98	276500	Rotation Up	57	80
2024-02-23	2.94	2.44	16.07	243700	Rotation Up	62	74
2024-02-16	2.76	2.42	11.08	682200	Balance	46	53
2024-02-09	2.40	2.42	-0.81	607400	Balance	-2	15
2024-02-02	2.35	2.42	-2.29	1268200	Balance	-11	14
2024-01-26	2.34	2.43	-2.22	73900	Downward Expansion	-28	18
2024-01-19	2.40	2.43	2.65	451700	Downward Expansion	-25	14
2024-01-12	2.29	2.43	-1.79	67000	Downward Expansion	-41	26
2024-01-05	2.19	2.44	-4.68	66400	Downward Expansion	-55	33
2023-12-29	2.21	2.45	-3.26	32300	Downward Expansion	-56	39
2023-12-22	2.18	2.45	-3.66	66300	Downward Expansion	-62	51
2023-12-15	2.30	2.45	4.10	53500	Downward Expansion	-60	51
2023-12-08	2.11	2.45	-2.57	77700	Downward Expansion	-73	67
2023-12-01	2.18	2.45	0.70	203500	Downward Expansion	-70	56
2023-11-24	2.27	2.47	7.73	163800	Downward Expansion	-61	41
2023-11-17	2.29	2.50	9.20	83800	Downward Expansion	-62	50
2023-11-10	2.32	2.52	14.83	313000	Downward Expansion	-60	53
2023-11-03	2.40	2.52	19.24	101100	Downward Expansion	-58	56
2023-10-27	2.27	2.51	20.43	230400	Balance	-68	62
2023-10-20	2.32	2.50	22.15	471100	Balance	-29	38
2023-10-13	2.40	2.49	25.86	263300	Balance	-20	19

Price vs TrendAbove+12.7%

Trend directionRising+18.1%

Price vs current Fair ValuePremium+14.1%

Fair Value directionClosing upward+22.8%

Relative Strength vs benchmarkLeading+19.1%

Relative strength directionImproving+13.8%

Price momentumPositive+42.0%

Volume balanceDemand-led1.65×

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

22 / ±100

-29.7 points since 2026-09-04

Energy

25 /100

-29.0 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.

DCM Directional State ↗ DCM Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance49

Rotation Up18

Upward Expansion52

Deceleration94

Rotation Down40

Downward Expansion21

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 26%Rotation Up 6%Upward Expansion 12%Deceleration 9%Rotation Down 6%Downward Expansion 41%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Deceleration	2026-09-18	2026-10-02	New	+4.1%
Upward Expansion	2026-07-10	2026-09-11	Developing	-1.9%
Balance	2026-04-03	2026-07-03	Established	+14.0%
Rotation Down	2026-03-06	2026-03-27	New	+8.8%
Deceleration	2026-02-13	2026-02-27	New	-0.7%
Upward Expansion	2026-01-16	2026-02-06	New	-20.6%
Rotation Up	2025-11-28	2026-01-09	Developing	+9.0%
Downward Expansion	2025-08-08	2025-11-21	Established	-3.0%
Balance	2025-07-04	2025-08-01	Developing	-20.5%
Downward Expansion	2025-04-18	2025-06-27	Developing	+3.1%
Balance	2025-03-14	2025-04-11	Developing	-10.8%
Downward Expansion	2024-11-15	2025-03-07	Established	+26.1%
Balance	2024-11-08	2024-11-08	New	+0.0%
Downward Expansion	2024-10-18	2024-11-01	New	+3.6%

Classic Stage Analysis comparison

Stage 1 · Basing34

Stage 2 · Advancing100

Stage 3 · Distribution37

Stage 4 · Declining0

Legacy result: Stage 2 · Stage 2B · Advancing. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^GSPTSE

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: 94/100
Current Relative Strength: 19.10
Relative Strength direction: Improving
Price momentum: +42.0%
Excess performance vs benchmark: +34.7%
Industrials regime cohort: 65th percentile17 in cohort

Test DCM trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume2.36×

Latest completed volume relative to typical participation.

Up/down volume1.65×

Participation balance between advancing and declining observations.

Accumulation / distribution5 / 3

Recent participation evidence classified by demand and supply.

Activity alignment+75.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+12.5%

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 DCM Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CAD 2.28falling

Slow Activity CAD 2.23rising

Trend Reference CAD 2.02+12.7% close margin

Current Fair Value CAD 2.00+14.1% close margin

Structural low CAD 1.51shock / repair context

What changes the read?

Renewed positive order and expanding width produce re-acceleration; fast/slow failure with downside acceptance produces Rotation Down.

Range context +13.1%

Annualized volatility +56.1%

From structural high -23.7%

From structural low +87.9%

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 move	Positive periods	Directional follow-through	Median excess vs ^GSPTSE	Regime survived	Read
Near term	11	+3.6%-10.1% to +53.8%	+63.6%	+63.6%	+1.6%	+54.5%	Usable descriptive sample
Intermediate	5	+12.6%-10.7% to +84.7%	+80.0%	+80.0%	+10.0%	+0.0%	Usable descriptive sample
Extended	5	+15.6%-13.7% to +112.4%	+60.0%	+60.0%	+12.3%	+20.0%	Usable descriptive sample
Full cycle	3	+16.5%-38.5% to +89.8%	+66.7%	+66.7%	+17.6%	+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.

DCM Stage Analysis

What the Activity Line geometry says now

The upward structure remains, but its energy is decelerating.

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

Leading 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 upward structure remains, but its energy is decelerating.

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 ?

Leading 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