Weekly structural research ยท VIE ยท Basic Materials

AKE Stage Analysis

Arkema S.A.

Week ending 9 Oct 2026Close EUR 55.25Tenure NewBenchmark ^ATX
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Rotation Down ยท Supply rotation

The Activity Line structure is rotating downward.

Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion.

  • The Trend gate is mixed within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: moderate and expanding.
Direction -38โˆ’100 bearish to +100 bullish
Energy 58/100directional strength
Maturity 5/100lifecycle context
Confidence 67/100evidence agreement
Trend gate Mixedstructural direction
Activity structure Moderateexpanding separation
Price acceptance -83.3%position within the Activity structure
Fair Value context -15.7%EUR 65.55 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
2026-10-0955.2557.45-10.260Rotation Down-3858
2026-10-0254.0557.36-14.810Balance-5144
2026-09-2557.1057.24-13.40200Balance1124
2026-09-1856.4057.25-13.110Balance617
2026-09-1156.8557.29-14.070Upward Expansion1811
2026-09-0458.9557.40-11.210Upward Expansion5756
2026-08-2859.7557.25-9.630Upward Expansion6174
2026-08-2159.6056.87-8.400Upward Expansion6068
2026-08-1461.7056.51-7.230Upward Expansion7471
2026-08-0762.0556.05-6.110Deceleration6341
2026-07-3159.0555.65-8.480Deceleration2616
2026-07-2455.7555.33-14.100Deceleration021
2026-07-1755.7555.09-13.630Deceleration123
2026-07-1054.3054.85-18.140Deceleration-1125
2026-07-0356.4054.71-16.810Deceleration2325
2026-06-2655.8554.44-16.3118Upward Expansion2921
2026-06-1957.9554.22-15.540Upward Expansion4632
2026-06-1257.0053.86-14.000Upward Expansion5941
2026-06-0560.4053.60-6.920Upward Expansion6457
2026-05-2961.3553.17-6.950Upward Expansion7157
2026-05-2259.1552.74-8.3760Upward Expansion6248
2026-05-1558.9652.44-7.300Upward Expansion6257
2026-05-0859.2052.08-7.860Upward Expansion6463
2026-05-0157.9251.70-9.03130Upward Expansion6063
2026-04-2458.4051.47-8.380Upward Expansion6364
2026-04-1758.4951.23-12.030Upward Expansion6660
2026-04-1058.3051.04-10.760Balance6333
2026-04-0354.5850.96-11.65565Balance3720
2026-03-2755.0550.94-8.47192Balance3726
2026-03-2048.0751.02-19.56192Rotation Up1215
2026-03-1352.3251.40-14.54547Rotation Up2725
2026-03-0650.6751.61-20.340Rotation Up2859
2026-02-2757.4151.86-15.540Rotation Up4074
2026-02-2057.3651.78-18.070Rotation Up4472
2026-02-1360.4251.89-12.010Rotation Up4762
2026-02-0654.4451.86-22.250Rotation Up1011
2026-01-3048.1752.05-31.400Downward Expansion-5531
2026-01-2348.7852.40-30.43361Downward Expansion-5028
2026-01-1647.9352.77-31.980Downward Expansion-6034
2026-01-0950.2053.05-28.82384Downward Expansion-4026
2026-01-0249.2153.27-30.380Downward Expansion-4228
2025-12-2648.5953.54-30.700Downward Expansion-4834
2025-12-1948.6953.91-31.210Downward Expansion-4634
2025-12-1250.2054.22-28.080Downward Expansion-4839
2025-12-0548.1754.54-31.530Downward Expansion-6352
2025-11-2849.1154.90-30.11194Downward Expansion-6154
2025-11-2147.3255.26-30.410Downward Expansion-7265
2025-11-1449.1655.64-29.510Downward Expansion-6462
2025-11-0747.3755.82-31.520Downward Expansion-7685
2025-10-3148.6456.00-31.400Downward Expansion-7083
2025-10-2450.0556.23-28.240Downward Expansion-6680
2025-10-1748.0756.70-30.600Downward Expansion-7886
2025-10-1048.0357.35-32.850Downward Expansion-8486
2025-10-0351.0058.21-30.980Downward Expansion-7477
2025-09-2651.0058.97-30.410Downward Expansion-7675
2025-09-1953.0759.62-28.080Downward Expansion-6862
2025-09-1255.8060.29-25.440Downward Expansion-5339
2025-09-0554.0660.92-27.650Downward Expansion-6435
2025-08-2957.2261.50-24.440Downward Expansion-4621
2025-08-2259.6261.88-24.770Downward Expansion-3020
2025-08-1558.4962.21-27.690Downward Expansion-3422
2025-08-0858.2162.48-26.7510Downward Expansion-3321
2025-08-0154.9162.66-27.439Downward Expansion-5226
2025-07-2560.7162.93-22.600Downward Expansion-1714
2025-07-1859.6763.02-23.010Downward Expansion-3220
2025-07-1160.0963.12-23.020Downward Expansion-3923
2025-07-0458.5863.36-23.810Downward Expansion-5335
2025-06-2760.0563.68-23.120Downward Expansion-5638
2025-06-2056.1863.89-27.210Downward Expansion-6550
2025-06-1356.8964.22-27.308Downward Expansion-6242
2025-06-0657.2664.64-29.060Downward Expansion-5136
2025-05-3059.7665.12-26.3116Downward Expansion-4231
2025-05-2357.8365.55-28.640Downward Expansion-4733
2025-05-1659.8366.03-27.740Downward Expansion-4534
2025-05-0958.9066.55-27.460Downward Expansion-6050
2025-05-0260.1067.12-23.300Downward Expansion-6576
2025-04-2558.7267.73-24.670Downward Expansion-6784
2025-04-1854.3668.35-28.310Downward Expansion-7689
2025-04-1152.9368.93-27.120Downward Expansion-8686
2025-04-0455.6069.54-25.090Downward Expansion-8256
2025-03-2864.0670.08-22.940Balance-3120
2025-03-2167.5470.43-20.970Rotation Up-810
2025-03-1473.7270.57-15.110Rotation Up2730
2025-03-0773.8170.46-15.350Rotation Up3049
2025-02-2870.5670.35-16.840Rotation Up2442
2025-02-2173.2370.46-12.180Rotation Up3146
2025-02-1474.8470.50-11.620Downward Expansion4043
2025-02-0771.4170.49-11.750Downward Expansion-622
2025-01-3168.6070.58-15.410Downward Expansion-3524
2025-01-2469.4570.82-14.540Downward Expansion-4230
2025-01-1766.5670.96-17.240Downward Expansion-6352
2025-01-1063.4871.30-18.880Downward Expansion-6779
2025-01-0363.1371.81-19.850Downward Expansion-7379
2024-12-2763.5772.38-19.390Downward Expansion-7578
2024-12-2062.4273.00-20.540Downward Expansion-8376
2024-12-1367.3173.68-16.260Downward Expansion-6571
2024-12-0668.3874.27-13.910Downward Expansion-6575
2024-11-2966.1174.84-16.080Downward Expansion-7881
2024-11-2266.1675.47-16.260Downward Expansion-8277
2024-11-1569.6776.00-12.790Balance-6854
2024-11-0871.5976.45-10.610Balance-4834
2024-11-0172.6676.86-8.950Balance-3822
2024-10-2572.3077.33-11.060Balance-2417
2024-10-1875.1977.66-9.010Downward Expansion-623
2024-10-1176.2677.88-7.730Downward Expansion-821
2024-10-0478.3177.97-5.360Downward Expansion-1015
2024-09-2777.4278.09-7.680Downward Expansion-2720
2024-09-2071.7678.24-13.940Downward Expansion-5942
2024-09-1371.1478.69-14.740Downward Expansion-6647
2024-09-0671.7679.13-13.830Downward Expansion-6450
2024-08-3074.4479.57-14.580Downward Expansion-6255
2024-08-2371.7680.00-17.190Downward Expansion-6562
2024-08-1670.6180.52-17.580Downward Expansion-7665
2024-08-0970.3881.04-16.790Downward Expansion-8467
2024-08-0273.8181.50-12.360Downward Expansion-7061
2024-07-2674.6181.91-15.270Downward Expansion-6664
2024-07-1974.4482.38-15.820Downward Expansion-7185
2024-07-1274.0882.77-17.250Downward Expansion-7991
2024-07-0575.9183.13-15.570Downward Expansion-7188
2024-06-2873.5083.25-16.210Downward Expansion-9293
2024-06-2176.8883.47-12.040Downward Expansion-8283
2024-06-1478.7183.53-8.570Balance-7572
2024-06-0780.3183.55-9.910Balance-3538
2024-05-3182.0983.35-8.730Balance53
2024-05-2482.7683.20-9.440Deceleration2417
2024-05-1785.0382.97-7.200Deceleration5028
2024-05-1085.5982.66-5.040Deceleration5627
2024-05-0384.8682.36-3.340Deceleration4019
2024-04-2682.2482.12-5.140Deceleration2219
2024-04-1983.0582.04-3.840Deceleration3124
2024-04-1284.0081.89-3.170Deceleration3021
2024-04-0586.5881.70-0.470Deceleration4021
2024-03-2982.4481.50-4.320Deceleration-2037
2024-03-2281.7081.55-4.190Deceleration-2135
2024-03-1578.9181.53-5.120Deceleration-2234
2024-03-0881.9281.64-0.640Deceleration1320
2024-03-0181.9281.69-0.540Deceleration2421
2024-02-2385.3981.773.560Upward Expansion4532
2024-02-1684.3181.651.780Upward Expansion4840
2024-02-0984.7681.424.040Upward Expansion6147
2024-02-0287.3581.174.870Upward Expansion6954
2024-01-2687.3980.724.690Upward Expansion7256
2024-01-1986.3280.147.070Upward Expansion6967
2024-01-1284.0079.542.750Upward Expansion6783
2024-01-0586.3279.164.820Upward Expansion7089
2023-12-2988.5178.717.640Upward Expansion9295
2023-12-2286.4078.106.190Upward Expansion9087
2023-12-1584.8477.715.660Deceleration8470
2023-12-0879.2977.380.400Deceleration4235
2023-12-0180.2777.181.950Deceleration4627
2023-11-2478.5276.961.83108Deceleration2214
2023-11-1779.5076.792.66108Deceleration1416
2023-11-1074.1676.59-1.970Deceleration-4462
2023-11-0377.6176.603.100Deceleration-536
2023-10-2775.8476.496.440Deceleration-1541
2023-10-2075.8476.446.170Deceleration-1227
Price vs TrendBelow-3.8%
Trend directionRising+3.2%
Price vs current Fair ValueBelow anchor-15.7%
Fair Value directionClosing upward+3.8%
Relative Strength vs benchmarkLagging-10.3%
Relative strength directionImproving+7.9%
Price momentumNegative-5.2%
Volume balanceDemand-led5.00ร—
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

-38 / ยฑ100

-56.5 points since 2026-09-11

Energy

58 /100

+46.6 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
Balance32
Rotation Up16
Upward Expansion20
Deceleration44
Rotation Down71
Downward Expansion62

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 9%Rotation Up 8%Upward Expansion 17%Deceleration 18%Rotation Down 1%Downward Expansion 48%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Rotation Down2026-10-092026-10-09New+0.0%
Balance2026-09-182026-10-02New-4.2%
Upward Expansion2026-08-142026-09-11Developing-7.9%
Deceleration2026-07-032026-08-07Developing+10.0%
Upward Expansion2026-04-172026-06-26Developing-4.5%
Balance2026-03-272026-04-10New+5.9%
Rotation Up2026-02-062026-03-20Developing-11.7%
Downward Expansion2025-04-042026-01-30Extended-13.4%
Balance2025-03-282025-03-28New+0.0%
Rotation Up2025-02-212025-03-21Developing-7.8%
Downward Expansion2024-11-222025-02-14Established+13.1%
Balance2024-10-252024-11-15New-3.6%
Downward Expansion2024-06-212024-10-18Established-2.2%
Balance2024-05-312024-06-14New-4.1%
Classic Stage Analysis comparison
Stage 1 ยท Basing63
Stage 2 ยท Advancing44
Stage 3 ยท Distribution29
Stage 4 ยท Declining44

Legacy result: Stage 1 ยท Stage 1B ยท Basing. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^ATX

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
65/100
Current Relative Strength
-10.26
Relative Strength direction
Improving
Price momentum
-5.2%
Excess performance vs benchmark
-17.8%
Basic Materials regime cohort
86th percentile7 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.00ร—

Latest completed volume relative to typical participation.

Up/down volume5.00ร—

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+25.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+37.5%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity EUR 55.56falling
Slow Activity EUR 57.68falling
Trend Reference EUR 57.45-3.8% close margin
Current Fair Value EUR 65.55-15.7% close margin
Structural low EUR 53.65shock / repair context
What changes the read?

Complete bearish ordering below the Trend Line confirms Downward Expansion; a repaired fast/slow cross and upside acceptance cancel the failure.

Range context +3.8%
Annualized volatility +20.7%
From structural high -11.9%
From structural low +20.4%
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 ^ATX Regime survived Read
Near term3+0.4%-0.6% to +16.9%+66.7%+33.3%-0.5%+33.3%Too little matched history
Intermediate2-1.1%-21.3% to +19.1%+50.0%+50.0%+3.0%+0.0%Too little matched history
Extended2-8.3%-30.7% to +14.1%+50.0%+50.0%-2.9%+0.0%Too little matched history
Full cycle2-0.1%-16.8% to +16.6%+50.0%+50.0%-5.1%+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.

Evidence context