Weekly structural research ยท MEX ยท Industrials

ETN1N Stage Analysis

Eaton Corporation plc

Week ending 25 Sep 2026Close MXN 7,655.00Tenure EstablishedBenchmark ^MXX
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Upward Expansion ยท Re-accelerating

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: compressed and contracting.
Direction 62โˆ’100 bearish to +100 bullish
Energy 26/100directional strength
Maturity 63/100lifecycle context
Confidence 96/100evidence agreement
Trend gate Upstructural direction
Activity structure Compressedcontracting separation
Price acceptance +0.0%position within the Activity structure
Fair Value context +27.3%MXN 6,013.25 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
2026-09-257,655.007,003.1015.701651Upward Expansion6226
2026-09-187,200.006,962.0311.81427Upward Expansion2325
2026-09-117,002.006,941.427.9193Upward Expansion1726
2026-09-046,695.006,933.561.71684Upward Expansion29
2026-08-287,064.006,917.326.24183Upward Expansion5452
2026-08-217,144.826,885.086.99218Upward Expansion6170
2026-08-147,732.086,842.9218.170Upward Expansion8587
2026-08-077,700.006,781.1913.331646Upward Expansion8455
2026-07-317,082.816,715.394.239Upward Expansion5131
2026-07-247,176.336,673.516.038594Upward Expansion5940
2026-07-176,990.026,627.732.53377Upward Expansion5643
2026-07-107,128.606,585.674.364766Upward Expansion6060
2026-07-037,376.186,556.516.870Upward Expansion7553
2026-06-267,156.396,515.183.380Deceleration6542
2026-06-197,169.006,486.162.680Deceleration5836
2026-06-126,735.006,450.46-3.9912Deceleration3723
2026-06-056,931.096,441.951.436608Deceleration4231
2026-05-296,970.006,443.51-1.696810Upward Expansion4534
2026-05-226,850.006,442.59-3.14415Upward Expansion6153
2026-05-156,928.356,445.67-1.65551Upward Expansion6571
2026-05-086,900.006,447.31-4.85341Upward Expansion6786
2026-05-017,556.196,447.207.173243Rotation Up9698
2026-04-247,014.886,425.21-2.350Rotation Up5382
2026-04-177,014.886,415.28-3.15312Rotation Up5981
2026-04-107,021.886,402.51-3.42343Rotation Up6271
2026-04-036,505.246,390.24-10.250Balance2523
2026-03-276,505.246,388.22-6.2969Balance1513
2026-03-206,447.976,388.31-3.61165Balance-58
2026-03-136,198.526,389.11-9.6988Rotation Up-614
2026-03-066,241.586,405.68-11.5618Rotation Up1933
2026-02-276,422.826,421.60-14.41174Rotation Up2037
2026-02-206,581.766,451.80-12.7110Rotation Up1233
2026-02-136,766.106,474.25-10.67420Rotation Up422
2026-02-066,207.956,485.28-17.581533Downward Expansion-4126
2026-01-306,096.706,499.71-15.75157Downward Expansion-4940
2026-01-235,880.096,514.68-20.030Downward Expansion-6357
2026-01-165,880.096,536.87-19.52459Downward Expansion-6462
2026-01-095,726.056,550.57-21.10354Downward Expansion-7482
2026-01-025,826.386,557.53-18.12335Downward Expansion-7285
2025-12-265,803.036,571.59-21.094231Downward Expansion-8090
2025-12-195,728.056,586.42-20.872855Rotation Down-8889
2025-12-126,253.876,605.19-15.31307Rotation Down-3771
2025-12-056,136.356,611.82-15.75152Rotation Down-4865
2025-11-286,285.866,601.72-14.443939Rotation Down-3343
2025-11-216,097.936,586.60-15.15317Rotation Down-3936
2025-11-146,479.806,571.51-10.961420Upward Expansion1715
2025-11-076,977.636,541.94-6.10167Upward Expansion6762
2025-10-316,942.396,495.77-5.930Upward Expansion6569
2025-10-246,942.396,433.76-3.72522Upward Expansion6673
2025-10-176,977.636,394.78-4.3881Upward Expansion7374
2025-10-106,896.676,361.32-3.820Deceleration5648
2025-10-036,896.676,322.51-6.197Deceleration5840
2025-09-266,716.766,279.24-9.30131Deceleration3119
2025-09-196,631.806,253.41-9.0615Deceleration2825
2025-09-126,653.796,235.98-9.83208Deceleration2631
2025-09-056,444.896,223.21-10.8424Deceleration2834
2025-08-296,507.866,224.67-7.41193Deceleration3537
2025-08-226,471.886,230.33-8.75664Upward Expansion4943
2025-08-156,695.776,250.84-4.14329Upward Expansion6674
2025-08-086,719.106,263.89-3.181867Upward Expansion6887
2025-08-017,328.816,276.178.01913Rotation Up9096
2025-07-257,255.376,273.056.58611Rotation Up6788
2025-07-187,096.976,272.386.614190Rotation Up6586
2025-07-116,640.766,265.55-0.43198Rotation Up5275
2025-07-046,545.826,283.55-4.030Rotation Up3847
2025-06-276,545.826,283.88-3.0140Balance3630
2025-06-206,290.986,284.20-4.86772Balance515
2025-06-135,934.966,293.02-12.0320Balance-419
2025-06-066,248.016,313.71-8.480Balance431
2025-05-306,248.016,323.96-8.14108Balance227
2025-05-236,291.116,334.18-8.301504Balance-524
2025-05-166,452.786,343.12-5.062138Downward Expansion-620
2025-05-095,833.286,346.68-11.710Downward Expansion-4436
2025-05-025,832.246,370.88-10.3820Downward Expansion-4945
2025-04-255,645.396,393.85-14.471343Downward Expansion-6258
2025-04-185,592.566,423.04-9.240Downward Expansion-6464
2025-04-115,592.566,447.87-6.402874Downward Expansion-6665
2025-04-045,082.156,457.86-14.653060Downward Expansion-9592
2025-03-285,773.036,487.76-6.0536Downward Expansion-7289
2025-03-215,973.896,494.64-1.5928Rotation Down-6888
2025-03-145,732.156,490.84-4.861927Rotation Down-5383
2025-03-075,598.646,482.86-7.39115Rotation Down-6687
2025-02-285,941.826,477.58-0.41227Rotation Down-5171
2025-02-216,108.886,458.320.191276Deceleration-5055
2025-02-146,270.716,435.992.734128Deceleration-1534
2025-02-076,488.896,410.919.701150Deceleration922
2025-01-316,677.566,389.8817.50612Upward Expansion4541
2025-01-247,087.286,359.9125.690Upward Expansion6667
2025-01-177,087.286,316.2930.800Upward Expansion6768
2025-01-107,087.286,270.9333.36599Upward Expansion6788
2025-01-037,235.256,225.5639.700Upward Expansion8995
2024-12-277,235.256,175.2740.715Upward Expansion9578
2024-12-206,892.096,119.8535.20301Upward Expansion7876
2024-12-137,180.906,065.8137.14392Upward Expansion9483
2024-12-066,555.586,002.1527.570Upward Expansion6278
2024-11-296,555.585,959.3332.940Upward Expansion6484
2024-11-226,555.585,916.5232.840Upward Expansion6469
2024-11-156,555.585,875.1634.230Upward Expansion6566
2024-11-086,555.585,833.8032.140Upward Expansion6783
2024-11-016,554.645,790.7636.9135Upward Expansion6887
2024-10-256,559.355,747.7535.610Upward Expansion7190
2024-10-186,559.355,704.5833.950Upward Expansion7391
2024-10-116,559.355,655.4336.813027Upward Expansion8193
2024-10-046,521.225,604.1736.810Upward Expansion8894
2024-09-276,521.225,543.6037.843287Upward Expansion9598
2024-09-206,337.565,483.0036.971925Upward Expansion9397
2024-09-135,892.285,428.5329.191501Upward Expansion6587
2024-09-065,979.155,365.7734.651264Upward Expansion8694
2024-08-305,979.285,300.1131.371712Deceleration8766
2024-08-235,859.935,234.4528.6250Deceleration6332
2024-08-165,492.765,172.7720.3466Deceleration2134
2024-08-095,440.365,123.3222.4250Deceleration2642
2024-08-025,363.835,075.6323.51764Deceleration3537
2024-07-265,439.065,030.4824.8750Upward Expansion5456
2024-07-195,518.214,978.9825.882209Upward Expansion6868
2024-07-125,858.164,924.8331.7710Upward Expansion9076
2024-07-055,778.484,859.3637.920Upward Expansion7892
2024-06-285,778.484,796.5439.24122Upward Expansion8595
2024-06-215,726.444,733.7238.660Upward Expansion8474
2024-06-145,726.444,672.6341.840Upward Expansion9297
2024-06-075,726.444,611.5541.621161Upward Expansion9377
2024-05-315,572.644,537.6533.971973Upward Expansion9478
2024-05-245,271.044,468.8827.500Upward Expansion5684
2024-05-175,271.044,410.1323.830Upward Expansion6667
2024-05-105,271.044,363.2324.670Upward Expansion6768
2024-05-035,271.044,316.3427.2022Upward Expansion6969
2024-04-265,314.884,263.0328.010Upward Expansion7571
2024-04-195,314.884,208.2733.8929Upward Expansion8173
2024-04-125,264.264,153.5032.440Upward Expansion8092
2024-04-055,264.264,104.3630.360Upward Expansion9279
2024-03-295,264.264,051.2233.3229Upward Expansion9894
2024-03-225,085.013,998.0831.801516Upward Expansion9699
2024-03-155,021.583,950.9232.28219Upward Expansion9779
2024-03-084,704.173,905.8827.930Upward Expansion9598
2024-03-014,703.233,871.9927.470Upward Expansion9699
2024-02-234,703.233,838.1325.922479Upward Expansion9689
2024-02-164,009.473,793.907.180Upward Expansion6688
2024-02-094,009.473,772.807.190Upward Expansion6788
2024-02-024,009.473,751.705.850Upward Expansion6788
2024-01-264,009.473,730.598.810Upward Expansion7290
2024-01-194,009.473,709.4912.070Upward Expansion7481
2024-01-124,009.473,683.1912.370Upward Expansion8184
2024-01-054,009.473,656.8911.71819Upward Expansion8470
2023-12-293,893.893,630.596.630Upward Expansion6478
2023-12-223,893.893,608.156.930Upward Expansion6687
2023-12-153,893.893,585.707.430Upward Expansion6587
2023-12-083,893.893,558.1612.970Upward Expansion7188
2023-12-013,893.893,527.0814.360Upward Expansion7867
2023-11-243,893.893,495.9916.830Deceleration7951
2023-11-173,893.893,464.8717.911600Deceleration5839
2023-11-103,509.443,432.859.710Deceleration-1032
2023-11-033,509.443,413.6510.010Upward Expansion2435
2023-10-273,508.583,394.4415.44414Upward Expansion3746
2023-10-203,864.233,379.1129.470Upward Expansion9076
2023-10-133,864.233,350.2227.36180Upward Expansion9275
2023-10-063,671.863,324.0020.910Upward Expansion6366
Price vs TrendAbove+9.3%
Trend directionRising+5.7%
Price vs current Fair ValuePremium+27.3%
Fair Value directionClosing upward+2.0%
Relative Strength vs benchmarkLeading+15.7%
Relative strength directionImproving+12.3%
Price momentumPositive+17.7%
Volume balanceDemand-led1.99ร—
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

62 / ยฑ100

+7.9 points since 2026-08-28

Energy

26 /100

-26.3 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.

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance40
Rotation Up35
Upward Expansion61
Deceleration94
Rotation Down31
Downward Expansion15

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

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

Balance 6%Rotation Up 9%Upward Expansion 56%Deceleration 14%Rotation Down 6%Downward Expansion 10%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Upward Expansion2026-07-032026-09-25Established+3.8%
Deceleration2026-06-052026-06-26New+3.3%
Upward Expansion2026-05-082026-05-29New+1.0%
Rotation Up2026-04-102026-05-01New+7.6%
Balance2026-03-202026-04-03New+0.9%
Rotation Up2026-02-132026-03-13Developing-8.4%
Downward Expansion2025-12-262026-02-06Developing+7.0%
Rotation Down2025-11-212025-12-19Developing-6.1%
Upward Expansion2025-10-172025-11-14Developing-7.1%
Deceleration2025-08-292025-10-10Developing+6.0%
Upward Expansion2025-08-082025-08-22New-3.7%
Rotation Up2025-07-042025-08-01Developing+12.0%
Balance2025-05-232025-06-27Developing+4.0%
Downward Expansion2025-03-282025-05-16Developing+11.8%
Classic Stage Analysis comparison
Stage 1 ยท Basing17
Stage 2 ยท Advancing100
Stage 3 ยท Distribution59
Stage 4 ยท Declining0

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

Leadership versus ^MXX

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
95/100
Current Relative Strength
15.70
Relative Strength direction
Improving
Price momentum
+17.7%
Excess performance vs benchmark
+20.2%
Industrials regime cohort
18th percentile11 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume1.00ร—

Latest completed volume relative to typical participation.

Up/down volume1.99ร—

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 1

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+25.0%

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 MXN 7,235.67falling
Slow Activity MXN 7,137.85rising
Trend Reference MXN 7,003.10+9.3% close margin
Current Fair Value MXN 6,013.25+27.3% close margin
Structural low MXN 6,440.00shock / 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 +4.4%
Annualized volatility +31.6%
From structural high -1.0%
From structural low +36.7%
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 ^MXX Regime survived Read
Near term39+0.0%-13.8% to +17.3%+56.4%+56.4%+1.6%+71.8%Usable descriptive sample
Intermediate14+5.1%-13.3% to +30.6%+78.6%+78.6%+1.4%+57.1%Usable descriptive sample
Extended8+6.8%-27.2% to +47.1%+50.0%+50.0%+0.5%+50.0%Usable descriptive sample
Full cycle4+5.1%-14.8% to +68.4%+50.0%+50.0%+2.7%+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