Weekly structural research · NYSE · Energy

TTE Stage Analysis

TotalEnergies SE ADR

Week ending 25 Sep 2026Close USD 90.94Tenure DevelopingBenchmark SPY

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Upward Expansion · 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: improving.
Activity structure: moderate and expanding.

Direction 64−100 bearish to +100 bullish

Energy 59/100directional strength

Maturity 14/100lifecycle context

Confidence 84/100evidence agreement

Trend gate Upstructural direction

Activity structure Moderateexpanding separation

Price acceptance +83.3%position within the Activity structure

Fair Value context +42.3%USD 63.91 · 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	90.94	86.62	7.30	8499717	Upward Expansion	64	59
2026-09-18	90.82	86.24	8.99	5962499	Upward Expansion	56	49
2026-09-11	91.89	85.78	10.76	4597973	Upward Expansion	63	49
2026-09-04	88.59	85.25	6.54	10152630	Upward Expansion	51	39
2026-08-28	86.35	84.73	4.39	9188943	Upward Expansion	47	43
2026-08-21	89.89	84.24	9.53	6776632	Rotation Up	58	49
2026-08-14	88.33	83.53	6.55	5366121	Rotation Up	43	40
2026-08-07	85.83	82.77	4.05	6885897	Rotation Down	29	31
2026-07-31	87.86	82.02	10.60	5789324	Rotation Down	43	28
2026-07-24	86.80	81.28	10.98	12277880	Rotation Down	16	18
2026-07-17	81.39	80.52	3.93	10151945	Rotation Down	-26	59
2026-07-10	78.50	79.94	-1.05	6502305	Rotation Down	-26	60
2026-07-03	76.69	79.46	-1.89	7129837	Deceleration	-36	52
2026-06-26	75.79	79.03	-0.85	9927397	Deceleration	-20	32
2026-06-19	79.44	78.64	1.58	8941099	Deceleration	-3	16
2026-06-12	86.94	78.07	12.26	6067052	Deceleration	39	25
2026-06-05	87.62	77.31	14.13	5596138	Deceleration	45	34
2026-05-29	86.20	76.42	9.97	6502522	Upward Expansion	46	37
2026-05-22	90.43	75.58	17.44	5266668	Upward Expansion	62	51
2026-05-15	91.10	74.59	19.94	4073128	Upward Expansion	58	53
2026-05-08	87.35	73.57	15.85	6334886	Upward Expansion	61	54
2026-05-01	91.59	72.55	24.81	9493833	Upward Expansion	71	66
2026-04-24	89.73	71.45	24.09	5435632	Upward Expansion	66	66
2026-04-17	87.07	70.50	21.53	12453978	Upward Expansion	68	68
2026-04-10	92.65	69.55	35.57	13560538	Upward Expansion	81	87
2026-04-03	92.39	68.41	41.02	10450688	Upward Expansion	90	86
2026-03-27	88.92	67.30	41.22	11185515	Upward Expansion	89	75
2026-03-20	87.81	66.35	37.13	13618054	Upward Expansion	94	77
2026-03-13	81.87	65.49	26.31	15041501	Upward Expansion	86	88
2026-03-06	77.94	64.77	18.89	14029905	Upward Expansion	72	89
2026-02-27	79.49	64.13	19.20	6001256	Upward Expansion	90	96
2026-02-20	77.06	63.37	15.49	4542544	Upward Expansion	88	95
2026-02-13	75.98	62.73	15.55	8902494	Upward Expansion	91	96
2026-02-06	73.05	62.18	10.06	9787635	Upward Expansion	88	94
2026-01-30	71.63	61.74	7.99	7754023	Upward Expansion	89	86
2026-01-23	68.48	61.37	3.91	7769979	Upward Expansion	83	71
2026-01-16	65.55	61.05	-0.69	6045226	Upward Expansion	68	46
2026-01-09	63.25	60.90	-4.45	7301451	Upward Expansion	57	40
2026-01-02	65.81	60.77	1.02	2783623	Upward Expansion	75	57
2025-12-26	63.86	60.45	-2.79	2689098	Upward Expansion	61	46
2025-12-19	64.03	60.17	-0.98	6845716	Upward Expansion	64	58
2025-12-12	64.08	59.85	-0.55	3985945	Upward Expansion	66	64
2025-12-05	63.87	59.58	-1.21	211772	Upward Expansion	69	72
2025-11-28	64.16	59.28	-0.23	420407	Upward Expansion	75	74
2025-11-21	62.35	58.98	0.72	16997	Upward Expansion	63	64
2025-11-14	64.04	58.81	1.53	10126	Upward Expansion	76	68
2025-11-07	60.87	58.53	-3.34	5736	Deceleration	55	45
2025-10-31	60.95	58.27	-4.81	8306	Deceleration	55	28
2025-10-24	60.74	58.07	-4.63	10856	Deceleration	52	21
2025-10-17	60.40	58.06	-3.59	5069	Deceleration	31	14
2025-10-10	56.82	58.00	-7.89	9058	Deceleration	-1	7
2025-10-03	58.81	58.03	-7.36	995025	Deceleration	33	15
2025-09-26	61.10	57.99	-3.06	106220	Deceleration	50	22
2025-09-19	58.47	57.79	-7.69	128516	Upward Expansion	34	16
2025-09-12	58.57	57.71	-6.77	6006	Upward Expansion	51	31
2025-09-05	58.95	57.63	-5.03	2385	Upward Expansion	54	45
2025-08-29	60.44	57.51	-2.62	5481	Upward Expansion	56	51
2025-08-22	62.10	57.30	-0.26	5039	Deceleration	70	45
2025-08-15	60.32	57.02	-3.00	6120	Deceleration	47	22
2025-08-08	58.80	56.83	-4.79	96618	Deceleration	33	19
2025-08-01	56.58	56.58	-6.46	106186	Upward Expansion	26	14
2025-07-25	57.97	56.39	-6.85	4197	Upward Expansion	52	34
2025-07-18	59.20	56.12	-3.82	2698	Upward Expansion	57	54
2025-07-11	59.95	55.74	-2.25	180993	Upward Expansion	61	67
2025-07-04	60.64	55.39	-1.63	650741	Upward Expansion	68	71
2025-06-27	58.96	55.03	-3.00	194424	Upward Expansion	54	59
2025-06-20	60.85	54.77	3.34	466868	Upward Expansion	69	59
2025-06-13	59.45	54.52	0.69	43802	Deceleration	50	30
2025-06-06	56.19	54.37	-5.26	444780	Deceleration	28	12
2025-05-30	55.54	54.30	-5.14	54731	Deceleration	15	10
2025-05-23	54.26	54.29	-6.12	915827	Deceleration	9	9
2025-05-16	56.06	54.44	-5.89	27875	Deceleration	20	10
2025-05-09	54.90	54.49	-3.40	24451	Deceleration	24	12
2025-05-02	55.23	54.72	-3.68	192646	Deceleration	26	18
2025-04-25	57.17	54.91	2.17	9894	Deceleration	34	23
2025-04-18	55.48	54.93	3.29	20161	Deceleration	5	8
2025-04-11	53.22	55.11	-2.69	87634	Rotation Up	-1	8
2025-04-04	54.81	55.31	5.47	14047	Rotation Up	28	31
2025-03-28	60.72	55.39	6.01	304465	Rotation Up	53	67
2025-03-21	58.51	55.37	0.58	224713	Rotation Up	44	52
2025-03-14	57.78	55.36	-0.31	318205	Rotation Up	33	45
2025-03-07	57.59	55.41	-3.12	137573	Rotation Up	33	48
2025-02-28	54.91	55.44	-10.60	87906	Rotation Up	18	31
2025-02-21	56.02	55.57	-9.92	21416	Balance	22	29
2025-02-14	56.41	55.69	-10.99	86136	Balance	6	22
2025-02-07	55.36	55.78	-11.64	31856	Downward Expansion	-11	21
2025-01-31	54.00	55.92	-14.25	43528	Downward Expansion	-26	26
2025-01-24	53.87	56.16	-15.67	77447	Downward Expansion	-33	25
2025-01-17	54.41	56.29	-13.72	92436	Downward Expansion	-41	26
2025-01-10	51.51	56.41	-16.23	54859	Downward Expansion	-59	47
2025-01-03	50.88	56.56	-19.28	113848	Downward Expansion	-63	61
2024-12-27	49.59	56.83	-22.25	55848	Downward Expansion	-66	77
2024-12-20	47.95	57.22	-24.81	888415	Downward Expansion	-78	83
2024-12-13	49.49	57.66	-24.36	94694	Downward Expansion	-75	80
2024-12-06	49.69	58.09	-24.98	399029	Downward Expansion	-80	80
2024-11-29	51.15	58.51	-22.64	40576	Downward Expansion	-78	77
2024-11-22	53.54	58.84	-18.64	250244	Downward Expansion	-70	71
2024-11-15	54.87	59.15	-15.78	35405	Downward Expansion	-62	64
2024-11-08	54.02	59.37	-19.24	46647	Balance	-68	59
2024-11-01	55.25	59.62	-14.02	794264	Balance	-62	40
2024-10-25	58.73	59.83	-10.33	12789	Balance	-30	13
2024-10-18	57.77	59.82	-13.13	8894	Balance	-26	12
2024-10-11	61.63	59.80	-7.04	4561	Balance	17	22
2024-10-04	60.91	59.67	-7.41	12608	Balance	-5	7
2024-09-27	57.89	59.47	-12.04	10074	Balance	-38	17
2024-09-20	60.86	59.34	-7.45	6707	Balance	21	10
2024-09-13	59.25	59.12	-8.94	236152	Balance	-15	11
2024-09-06	57.24	58.97	-8.79	9397	Deceleration	-27	16
2024-08-30	59.94	58.88	-8.67	8012	Deceleration	8	5
2024-08-23	58.37	58.71	-10.99	7253	Deceleration	-4	7
2024-08-16	59.21	58.57	-8.66	8864	Deceleration	11	7
2024-08-09	58.52	58.36	-6.27	187212	Deceleration	8	7
2024-08-02	58.71	58.27	-6.06	44510	Deceleration	21	10
2024-07-26	59.78	58.20	-6.43	8669	Deceleration	27	17
2024-07-19	58.88	58.06	-8.61	6152	Deceleration	22	12
2024-07-12	59.69	57.99	-9.19	10095	Deceleration	15	8
2024-07-05	61.10	57.83	-6.18	127905	Deceleration	21	19
2024-06-28	58.01	57.62	-9.17	21839	Deceleration	5	21
2024-06-21	57.81	57.58	-9.53	36293	Deceleration	6	18
2024-06-14	56.18	57.56	-11.57	2830922	Deceleration	9	16
2024-06-07	58.95	57.54	-5.77	647041	Upward Expansion	40	25
2024-05-31	61.33	57.40	-0.79	57864	Upward Expansion	47	36
2024-05-24	61.17	57.18	-1.42	45787	Upward Expansion	59	44
2024-05-17	62.29	56.95	0.38	8997	Upward Expansion	66	54
2024-05-10	62.09	56.72	1.70	58964	Upward Expansion	67	56
2024-05-03	61.21	56.47	2.10	398414	Upward Expansion	66	73
2024-04-26	62.89	56.19	5.48	7852	Upward Expansion	80	88
2024-04-19	61.25	55.92	5.42	209238	Upward Expansion	73	85
2024-04-12	61.54	55.69	2.64	152574	Upward Expansion	80	85
2024-04-05	61.64	55.46	1.15	11636	Upward Expansion	83	81
2024-03-29	58.58	55.18	-4.88	546366	Upward Expansion	68	65
2024-03-22	57.15	54.98	-6.97	409966	Balance	55	42
2024-03-15	57.60	54.79	-4.28	26180	Balance	49	24
2024-03-08	54.83	54.55	-9.01	329528	Balance	-7	6
2024-03-01	54.21	54.44	-10.51	9784	Balance	-11	9
2024-02-23	54.16	54.30	-10.01	11095	Balance	6	7
2024-02-16	54.70	54.15	-7.88	38742	Balance	11	10
2024-02-09	54.52	53.95	-8.68	1393030	Balance	10	15
2024-02-02	54.77	53.72	-7.25	237916	Balance	12	14
2024-01-26	54.33	53.44	-6.81	181544	Balance	13	10
2024-01-19	52.84	53.19	-8.62	161516	Upward Expansion	14	8
2024-01-12	55.79	52.99	-2.63	75241	Upward Expansion	49	30
2024-01-05	56.78	52.71	0.75	12710	Upward Expansion	58	34
2023-12-29	55.62	52.43	-2.93	5089	Upward Expansion	40	23
2023-12-22	56.48	52.19	-1.35	13533	Upward Expansion	60	36
2023-12-15	55.05	51.90	-3.14	17461	Upward Expansion	55	38
2023-12-08	54.69	51.70	-1.55	12683	Upward Expansion	59	44
2023-12-01	56.94	51.51	2.74	6157	Upward Expansion	69	60
2023-11-24	57.14	51.28	4.11	6485	Upward Expansion	75	53
2023-11-17	55.55	51.08	2.35	100892	Upward Expansion	66	46
2023-11-10	54.90	50.93	3.62	671403	Upward Expansion	61	46
2023-11-03	54.58	50.86	4.59	118372	Upward Expansion	60	45
2023-10-27	54.47	50.76	10.63	28222	Upward Expansion	59	45
2023-10-20	55.28	50.55	9.84	12582	Upward Expansion	72	53
2023-10-13	54.45	50.24	5.97	7110	Upward Expansion	66	51
2023-10-06	52.84	49.93	3.55	134029	Upward Expansion	64	62

Price vs TrendAbove+5.0%

Trend directionRising+7.6%

Price vs current Fair ValuePremium+42.3%

Fair Value directionClosing upward+18.0%

Relative Strength vs benchmarkLeading+7.3%

Relative strength directionImproving+8.2%

Price momentumPositive+2.3%

Volume balanceDemand-led3.51×

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

64 / ±100

+17.4 points since 2026-08-28

Energy

59 /100

+16.2 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.

TTE Directional State ↗ TTE Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance22

Rotation Up70

Upward Expansion87

Deceleration45

Rotation Down11

Downward Expansion11

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 13%Rotation Up 6%Upward Expansion 46%Deceleration 24%Rotation Down 3%Downward Expansion 8%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Upward Expansion	2026-08-28	2026-09-25	Developing	+5.3%
Rotation Up	2026-08-14	2026-08-21	New	+1.8%
Rotation Down	2026-07-10	2026-08-07	Developing	+9.3%
Deceleration	2026-06-05	2026-07-03	Developing	-12.5%
Upward Expansion	2025-11-14	2026-05-29	Extended	+34.6%
Deceleration	2025-09-26	2025-11-07	Developing	-0.4%
Upward Expansion	2025-08-29	2025-09-19	New	-3.3%
Deceleration	2025-08-08	2025-08-22	New	+5.6%
Upward Expansion	2025-06-20	2025-08-01	Developing	-7.0%
Deceleration	2025-04-18	2025-06-13	Developing	+7.1%
Rotation Up	2025-02-28	2025-04-11	Developing	-3.1%
Balance	2025-02-14	2025-02-21	New	-0.7%
Downward Expansion	2024-11-15	2025-02-07	Established	+0.9%
Balance	2024-09-13	2024-11-08	Developing	-8.8%

Classic Stage Analysis comparison

Stage 1 · Basing28

Stage 2 · Advancing100

Stage 3 · Distribution51

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 SPY

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: 89/100
Current Relative Strength: 7.30
Relative Strength direction: Improving
Price momentum: +2.3%
Excess performance vs benchmark: -19.7%
Energy regime cohort: 61th percentile82 in cohort

Test TTE trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.17×

Latest completed volume relative to typical participation.

Up/down volume3.51×

Participation balance between advancing and declining observations.

Accumulation / distribution4 / 1

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+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.

Explore TTE Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity USD 90.48rising

Slow Activity USD 86.82rising

Trend Reference USD 86.62+5.0% close margin

Current Fair Value USD 63.91+42.3% close margin

Structural low USD 74.78shock / 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 +4.3%

Annualized volatility +26.6%

From structural high -2.7%

From structural low +62.3%

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 move	Positive periods	Directional follow-through	Median excess vs SPY	Regime survived	Read
Near term	36	+0.0%-12.1% to +18.5%	+50.0%	+50.0%	-2.2%	+72.2%	Usable descriptive sample
Intermediate	14	+1.7%-9.5% to +37.1%	+50.0%	+50.0%	-3.1%	+57.1%	Usable descriptive sample
Extended	8	+10.8%-13.0% to +24.1%	+75.0%	+75.0%	+4.8%	+62.5%	Usable descriptive sample
Full cycle	4	+21.0%-1.6% to +30.5%	+75.0%	+75.0%	+6.9%	+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.

TTE 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

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 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 ?

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