Weekly structural research · JPX · Financial Services

7326 Stage Analysis

SBI Insurance Group Co., Ltd.

Week ending 25 Sep 2026Close JPY 2,300.00Tenure NewBenchmark ^N225

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Upward Expansion · Early 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: improving.
Activity structure: wide and expanding.

Direction 82−100 bearish to +100 bullish

Energy 88/100directional strength

Maturity 8/100lifecycle context

Confidence 68/100evidence agreement

Trend gate Upstructural direction

Activity structure Wideexpanding separation

Price acceptance +50.0%position within the Activity structure

Fair Value context +65.3%JPY 1,391.63 · 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
2026-09-25	2,300.00	2,140.57	-1.91	42300	Upward Expansion	82	88
2026-09-18	2,292.00	2,143.05	-0.10	139700	Balance	83	79
2026-09-11	2,244.00	2,146.45	-0.56	133800	Balance	37	30
2026-09-04	2,142.00	2,150.86	-6.49	89700	Balance	-25	14
2026-08-28	2,115.00	2,157.04	-9.75	48600	Balance	-35	18
2026-08-21	2,098.00	2,158.22	-10.17	36300	Balance	-38	18
2026-08-14	2,085.00	2,156.44	-14.43	27400	Balance	-41	20
2026-08-07	2,147.00	2,158.62	-7.97	18400	Balance	-33	16
2026-07-31	2,118.00	2,153.36	-7.54	17300	Rotation Down	-51	31
2026-07-24	2,131.00	2,148.67	-7.45	10600	Rotation Down	-54	46
2026-07-17	2,054.00	2,143.54	-10.23	31100	Rotation Down	-36	52
2026-07-10	2,070.00	2,141.71	-15.48	14100	Balance	-32	36
2026-07-03	2,088.00	2,138.39	-16.36	9200	Balance	-17	23
2026-06-26	2,081.00	2,133.46	-16.28	27800	Balance	-16	18
2026-06-19	2,106.00	2,129.42	-17.60	12200	Upward Expansion	23	12
2026-06-12	2,177.00	2,124.18	-8.17	19400	Upward Expansion	52	50
2026-06-05	2,176.00	2,108.63	-8.96	26500	Upward Expansion	52	51
2026-05-29	2,287.00	2,088.31	-3.98	156400	Deceleration	58	53
2026-05-22	2,349.00	2,062.67	3.47	190800	Deceleration	58	37
2026-05-15	2,238.00	2,030.69	2.02	241800	Deceleration	41	19
2026-05-08	2,042.00	2,002.12	-8.56	55000	Deceleration	4	7
2026-05-01	2,059.00	1,981.74	-2.78	121400	Deceleration	9	6
2026-04-24	2,115.00	1,961.28	-0.16	77000	Deceleration	18	11
2026-04-17	2,156.00	1,939.71	4.32	94000	Deceleration	18	16
2026-04-10	2,090.00	1,918.24	4.31	123500	Deceleration	14	19
2026-04-03	2,056.00	1,899.00	10.41	190800	Deceleration	25	27
2026-03-27	2,057.50	1,882.29	10.53	225300	Deceleration	31	32
2026-03-20	2,086.84	1,865.34	12.61	101000	Upward Expansion	42	28
2026-03-13	2,107.37	1,847.12	13.40	177800	Upward Expansion	52	48
2026-03-06	2,149.42	1,828.15	12.50	229500	Upward Expansion	67	66
2026-02-27	2,374.34	1,804.45	18.00	138400	Upward Expansion	72	90
2026-02-20	2,393.90	1,773.42	23.97	215700	Upward Expansion	85	94
2026-02-13	2,376.30	1,741.54	23.91	291700	Upward Expansion	89	93
2026-02-06	2,327.40	1,708.52	28.42	248500	Upward Expansion	90	76
2026-01-30	2,150.40	1,675.57	21.85	191600	Upward Expansion	79	70
2026-01-23	2,044.79	1,646.55	15.65	212600	Upward Expansion	65	64
2026-01-16	2,150.40	1,620.90	22.31	197500	Upward Expansion	88	73
2026-01-09	1,989.05	1,589.44	18.48	112500	Upward Expansion	69	66
2026-01-02	1,977.31	1,563.82	22.43	61500	Upward Expansion	68	67
2025-12-26	1,977.31	1,540.06	22.44	179800	Upward Expansion	70	75
2025-12-19	1,998.83	1,513.43	27.98	164100	Upward Expansion	77	92
2025-12-12	1,970.47	1,484.94	24.03	141800	Upward Expansion	78	92
2025-12-05	1,940.15	1,457.69	24.03	174000	Upward Expansion	81	93
2025-11-28	1,959.71	1,432.43	26.99	229600	Upward Expansion	92	97
2025-11-21	1,948.95	1,402.27	31.72	431100	Upward Expansion	93	97
2025-11-14	1,710.35	1,371.41	12.67	451900	Deceleration	86	78
2025-11-07	1,566.59	1,348.26	4.10	202900	Deceleration	59	35
2025-10-31	1,517.70	1,328.83	-2.72	447600	Deceleration	34	22
2025-10-24	1,389.59	1,311.36	-4.96	111700	Deceleration	5	23
2025-10-17	1,380.79	1,302.82	-1.83	91900	Deceleration	21	27
2025-10-10	1,430.67	1,293.42	1.03	95100	Deceleration	38	28
2025-10-03	1,445.34	1,282.45	7.79	125200	Upward Expansion	45	38
2025-09-26	1,467.83	1,271.66	11.10	152300	Upward Expansion	52	53
2025-09-19	1,511.83	1,259.26	16.00	178800	Upward Expansion	65	64
2025-09-12	1,512.81	1,242.90	17.57	201300	Upward Expansion	68	70
2025-09-05	1,554.86	1,228.42	26.62	105100	Upward Expansion	75	88
2025-08-29	1,548.99	1,211.20	28.06	195700	Upward Expansion	78	90
2025-08-22	1,540.19	1,195.01	28.67	233600	Upward Expansion	82	92
2025-08-15	1,538.24	1,177.57	27.37	239400	Upward Expansion	88	94
2025-08-08	1,438.49	1,159.15	24.55	268100	Upward Expansion	73	89
2025-08-01	1,443.38	1,144.95	29.01	246700	Upward Expansion	80	91
2025-07-25	1,437.51	1,130.99	27.34	212400	Upward Expansion	83	89
2025-07-18	1,385.68	1,116.25	28.60	300800	Upward Expansion	82	85
2025-07-11	1,338.74	1,102.27	25.92	160200	Upward Expansion	79	76
2025-07-04	1,280.07	1,090.21	20.46	98500	Upward Expansion	70	63
2025-06-27	1,275.18	1,079.15	19.66	179800	Upward Expansion	72	65
2025-06-20	1,206.73	1,067.80	18.94	95900	Upward Expansion	62	62
2025-06-13	1,220.42	1,059.15	22.66	178800	Upward Expansion	67	68
2025-06-06	1,264.42	1,048.60	28.06	305300	Upward Expansion	79	75
2025-05-30	1,178.37	1,036.33	19.33	262700	Upward Expansion	66	68
2025-05-23	1,144.14	1,026.48	18.84	195500	Upward Expansion	58	56
2025-05-16	1,152.94	1,017.52	18.33	215200	Balance	59	50
2025-05-09	1,182.28	1,009.16	22.60	463800	Balance	63	32
2025-05-02	1,055.15	998.74	11.92	537600	Balance	13	15
2025-04-25	1,022.88	993.06	12.23	76100	Balance	8	20
2025-04-18	1,016.04	988.30	14.92	90700	Upward Expansion	21	19
2025-04-11	983.77	984.15	15.40	278300	Upward Expansion	19	14
2025-04-04	993.55	980.15	16.18	282300	Upward Expansion	34	26
2025-03-28	1,133.39	976.34	21.02	263700	Upward Expansion	72	57
2025-03-21	1,098.66	969.30	16.05	130200	Upward Expansion	64	55
2025-03-14	1,101.54	963.13	18.72	165200	Upward Expansion	67	55
2025-03-07	1,121.67	956.61	21.82	244100	Upward Expansion	80	61
2025-02-28	1,095.79	947.67	18.39	234100	Upward Expansion	77	57
2025-02-21	1,021.01	941.50	5.83	266300	Upward Expansion	63	54
2025-02-14	1,078.53	939.87	10.59	181500	Upward Expansion	80	76
2025-02-07	1,038.26	937.12	7.47	153500	Upward Expansion	68	59
2025-01-31	1,063.19	936.32	7.80	303200	Upward Expansion	84	71
2025-01-24	1,017.17	934.18	2.11	191900	Upward Expansion	70	68
2025-01-17	985.54	933.73	2.59	228600	Upward Expansion	65	70
2025-01-10	1,012.38	933.22	3.28	257700	Rotation Up	72	78
2025-01-03	1,024.84	931.94	2.57	83800	Rotation Up	57	75
2024-12-27	995.12	930.86	-1.64	226900	Rotation Up	51	67
2024-12-20	966.36	930.70	-0.91	173200	Rotation Up	31	58
2024-12-13	976.91	931.47	-2.08	121100	Rotation Up	39	58
2024-12-06	948.15	932.01	-4.35	181800	Balance	26	36
2024-11-29	934.72	932.97	-3.96	72600	Balance	-0	17
2024-11-22	947.19	933.45	-3.29	160500	Downward Expansion	3	11
2024-11-15	904.05	933.61	-8.96	129700	Downward Expansion	-36	21
2024-11-08	896.38	934.85	-12.12	100600	Downward Expansion	-38	23
2024-11-01	882.96	938.97	-10.69	124700	Downward Expansion	-41	26
2024-10-25	875.29	941.98	-11.88	81400	Downward Expansion	-54	31
2024-10-18	902.13	946.74	-12.41	124100	Downward Expansion	-52	32
2024-10-11	869.53	950.22	-17.58	92800	Downward Expansion	-61	40
2024-10-04	884.87	954.38	-14.77	119800	Downward Expansion	-57	41
2024-09-27	880.08	961.61	-18.43	217100	Downward Expansion	-59	45
2024-09-20	891.58	969.28	-13.59	79800	Downward Expansion	-57	43
2024-09-13	863.78	976.04	-14.43	111400	Downward Expansion	-71	49
2024-09-06	879.12	982.37	-13.19	287800	Downward Expansion	-69	48
2024-08-30	922.26	986.93	-14.81	94600	Downward Expansion	-61	67
2024-08-23	913.63	990.05	-15.44	308900	Downward Expansion	-63	75
2024-08-16	905.96	992.33	-15.98	135100	Downward Expansion	-62	75
2024-08-09	853.24	994.49	-14.53	481000	Downward Expansion	-82	79
2024-08-02	910.76	998.72	-11.60	286500	Balance	-69	53
2024-07-26	972.11	1,001.07	-10.58	123900	Balance	-25	13
2024-07-19	996.08	1,001.09	-14.12	150800	Balance	-10	15
2024-07-12	1,014.30	999.93	-15.22	324700	Balance	-4	8
2024-07-05	998.96	997.91	-16.22	177800	Balance	-17	8
2024-06-28	1,003.75	997.19	-13.31	143800	Balance	-27	13
2024-06-21	970.20	997.35	-14.26	99500	Balance	-40	20
2024-06-14	974.03	999.56	-14.65	120500	Balance	-36	17
2024-06-07	992.25	1,000.43	-12.94	186000	Balance	-31	17
2024-05-31	990.33	1,000.97	-12.87	152400	Downward Expansion	-34	17
2024-05-24	989.37	1,004.78	-13.61	159200	Downward Expansion	-39	21
2024-05-17	993.20	1,007.64	-13.93	213800	Downward Expansion	-51	30
2024-05-10	976.91	1,010.35	-14.36	312600	Downward Expansion	-55	47
2024-05-03	949.11	1,014.54	-17.12	81800	Downward Expansion	-61	51
2024-04-26	951.98	1,018.19	-16.50	239200	Balance	-62	50
2024-04-19	941.44	1,024.37	-15.81	383400	Balance	-57	39
2024-04-12	1,020.05	1,032.26	-14.71	396100	Balance	-29	24
2024-04-05	973.07	1,038.10	-17.74	478900	Balance	-49	35
2024-03-29	1,018.13	1,042.45	-17.15	428100	Balance	-29	18
2024-03-22	1,006.56	1,043.13	-19.41	635500	Rotation Up	-6	9
2024-03-15	994.31	1,043.76	-16.19	594100	Rotation Up	7	31
2024-03-08	1,101.75	1,044.95	-9.70	178000	Rotation Up	29	53
2024-03-01	1,110.23	1,045.14	-9.74	137000	Rotation Up	35	47
2024-02-23	1,094.21	1,044.95	-9.45	265300	Downward Expansion	31	32
2024-02-16	1,053.69	1,041.65	-11.66	105000	Downward Expansion	-8	15
2024-02-09	1,015.99	1,038.73	-11.39	198000	Downward Expansion	-33	19
2024-02-02	1,015.99	1,036.97	-9.84	262200	Downward Expansion	-37	22
2024-01-26	982.06	1,035.50	-12.14	103300	Downward Expansion	-43	29
2024-01-19	970.75	1,034.65	-14.07	71000	Downward Expansion	-57	37
2024-01-12	980.17	1,034.55	-12.79	123500	Rotation Down	-56	45
2024-01-05	981.11	1,033.49	-7.47	52800	Rotation Down	-33	47
2023-12-29	972.63	1,032.35	-8.86	201800	Rotation Down	-33	51
2023-12-22	961.32	1,032.48	-9.41	120700	Rotation Down	-39	53
2023-12-15	953.78	1,033.17	-9.70	167500	Rotation Down	-34	48
2023-12-08	977.35	1,032.29	-5.58	130100	Rotation Down	-27	43
2023-12-01	1,008.45	1,030.44	-5.75	131700	Deceleration	-19	27
2023-11-24	1,036.72	1,026.17	-3.62	113400	Deceleration	7	17
2023-11-17	999.96	1,021.33	-6.86	179100	Deceleration	-2	14
2023-11-10	1,008.45	1,016.90	-3.06	147400	Deceleration	12	12
2023-11-03	1,104.58	1,011.62	8.46	80400	Deceleration	34	17
2023-10-27	1,075.36	1,002.54	9.23	106900	Deceleration	32	20
2023-10-20	1,074.42	995.50	8.68	152500	Upward Expansion	38	21
2023-10-13	1,102.69	987.03	8.34	311200	Upward Expansion	55	38
2023-10-06	1,058.40	977.98	8.86	291600	Upward Expansion	60	49

Price vs TrendAbove+7.4%

Trend directionFalling-0.1%

Price vs current Fair ValuePremium+65.3%

Fair Value directionClosing upward+5.4%

Relative Strength vs benchmarkLagging-1.9%

Relative strength directionImproving+14.4%

Price momentumPositive+11.8%

Volume balanceDemand-led5.88×

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

82 / ±100

+116.9 points since 2026-08-28

Energy

88 /100

+70.0 points since 2026-08-28

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

7326 Directional State ↗ 7326 Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance19

Rotation Up81

Upward Expansion93

Deceleration45

Rotation Down11

Downward Expansion22

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

2023-10-06 to 2026-09-25 · 156 classified observations out of 156 shown.

Balance 19%Rotation Up 6%Upward Expansion 38%Deceleration 14%Rotation Down 6%Downward Expansion 17%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Upward Expansion	2026-09-25	2026-09-25	New	+0.0%
Balance	2026-08-07	2026-09-18	Developing	+6.8%
Rotation Down	2026-07-17	2026-07-31	New	+3.1%
Balance	2026-06-26	2026-07-10	New	-0.5%
Upward Expansion	2026-06-05	2026-06-19	New	-3.2%
Deceleration	2026-03-27	2026-05-29	Developing	+11.2%
Upward Expansion	2025-11-21	2026-03-20	Established	+7.1%
Deceleration	2025-10-10	2025-11-14	Developing	+19.5%
Upward Expansion	2025-05-23	2025-10-03	Established	+26.3%
Balance	2025-04-25	2025-05-16	New	+12.7%
Upward Expansion	2025-01-17	2025-04-18	Established	+3.1%
Rotation Up	2024-12-13	2025-01-10	Developing	+3.6%
Balance	2024-11-29	2024-12-06	New	+1.4%
Downward Expansion	2024-08-09	2024-11-22	Established	+11.0%

Classic Stage Analysis comparison

Stage 1 · Basing42

Stage 2 · Advancing75

Stage 3 · Distribution72

Stage 4 · Declining25

Legacy result: Stage 3 · Stage 3A · Churning. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^N225

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: 57/100
Current Relative Strength: -1.91
Relative Strength direction: Improving
Price momentum: +11.8%
Excess performance vs benchmark: -12.6%
Financial Services regime cohort: 90th percentile122 in cohort

Test 7326 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.65×

Latest completed volume relative to typical participation.

Up/down volume5.88×

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

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.

Explore 7326 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity JPY 2,253.27rising

Slow Activity JPY 2,154.20rising

Trend Reference JPY 2,140.57+7.4% close margin

Current Fair Value JPY 1,391.63+65.3% close margin

Structural low JPY 1,924.00shock / 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 +2.5%

Annualized volatility +21.2%

From structural high -7.5%

From structural low +70.6%

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 ^N225	Regime survived	Read
Near term	23	+0.6%-11.3% to +20.2%	+52.2%	+52.2%	-1.1%	+73.9%	Usable descriptive sample
Intermediate	9	+1.1%-11.6% to +36.4%	+55.6%	+55.6%	+0.8%	+44.4%	Usable descriptive sample
Extended	5	+1.8%-4.5% to +55.2%	+80.0%	+80.0%	-8.1%	+60.0%	Usable descriptive sample
Full cycle	2	+60.1%+1.9% to +118.2%	+100.0%	+100.0%	+21.8%	+50.0%	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.

7326 Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding upward.

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 upward.

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