Weekly structural research · MIL · Technology

DHH Stage Analysis

Dominion Hosting Holding S.p.A.

Week ending 9 Oct 2026Close EUR 23.50Tenure NewBenchmark FTSEMIB.MI

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Rotation Down · Structural failure

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: wide and expanding.
A price shock beyond the complete Activity structure bypassed the ordinary persistence gate.

Direction -53−100 bearish to +100 bullish

Energy 70/100directional strength

Maturity 7/100lifecycle context

Confidence 91/100evidence agreement

Trend gate Mixedstructural direction

Activity structure Wideexpanding separation

Price acceptance -66.7%position within the Activity structure

Fair Value context +7.4%EUR 21.88 · weakening

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
2026-10-09	23.50	25.20	-6.01	2005	Rotation Down	-53	70
2026-10-02	24.70	25.12	-2.98	8756	Deceleration	-21	26
2026-09-25	25.40	24.99	-3.10	6028	Deceleration	-8	19
2026-09-18	26.30	24.85	0.64	2340	Deceleration	9	20
2026-09-11	26.30	24.69	-1.44	5246	Deceleration	8	24
2026-09-04	25.10	24.58	-5.58	50	Deceleration	-11	32
2026-08-28	25.80	24.53	-4.13	513	Deceleration	29	37
2026-08-21	26.00	24.48	-3.46	122	Deceleration	34	31
2026-08-14	26.40	24.43	-3.59	275	Deceleration	42	33
2026-08-07	26.50	24.35	-3.42	1028	Upward Expansion	47	46
2026-07-31	26.80	24.27	0.61	1570	Upward Expansion	53	58
2026-07-24	27.40	24.13	3.62	1146	Upward Expansion	64	66
2026-07-17	27.80	23.99	5.13	60	Upward Expansion	66	85
2026-07-10	28.10	23.84	4.98	8090	Upward Expansion	75	90
2026-07-03	27.40	23.60	2.16	2780	Upward Expansion	68	88
2026-06-26	27.80	23.38	6.87	2044	Upward Expansion	78	91
2026-06-19	27.90	23.16	4.20	8526	Upward Expansion	85	92
2026-06-12	27.10	22.91	3.92	880	Upward Expansion	85	87
2026-06-05	25.90	22.75	2.55	5459	Upward Expansion	79	74
2026-05-29	25.80	22.64	1.92	275760	Balance	79	61
2026-05-22	22.90	22.55	-8.58	2449	Balance	49	26
2026-05-15	23.00	22.56	-7.67	1283	Balance	50	34
2026-05-08	23.20	22.53	-7.31	1600	Balance	52	33
2026-05-01	23.20	22.54	-5.45	5582	Balance	50	28
2026-04-24	23.50	22.56	-3.25	6146	Balance	17	18
2026-04-17	22.80	22.59	-8.68	8538	Balance	-19	19
2026-04-10	21.80	22.63	-10.66	2213	Balance	-33	18
2026-04-03	23.50	22.77	-0.00	1314	Balance	-16	10
2026-03-27	23.00	22.75	2.61	7484	Downward Expansion	-43	31
2026-03-20	21.00	22.66	-5.21	1095	Downward Expansion	-62	69
2026-03-13	21.30	22.65	-7.26	2099	Balance	-58	62
2026-03-06	20.70	22.62	-9.83	2531	Balance	-41	40
2026-02-27	21.20	22.60	-14.03	1790	Balance	-24	26
2026-02-20	21.50	22.57	-11.83	4756	Upward Expansion	12	11
2026-02-13	23.00	22.52	-3.96	2483	Upward Expansion	53	31
2026-02-06	23.60	22.40	-2.67	4982	Upward Expansion	59	53
2026-01-30	24.20	22.26	0.22	8786	Upward Expansion	64	68
2026-01-23	24.60	22.12	3.01	8118	Upward Expansion	71	68
2026-01-16	24.00	21.96	-2.00	13731	Upward Expansion	62	57
2026-01-09	24.10	21.84	-1.80	14402	Deceleration	55	40
2026-01-02	22.70	21.71	-7.17	3284	Deceleration	35	25
2025-12-26	23.00	21.64	-4.96	2549	Deceleration	34	17
2025-12-19	23.30	21.56	-4.58	380952	Deceleration	21	15
2025-12-12	21.00	21.48	-12.04	3188	Deceleration	-20	35
2025-12-05	20.80	21.46	-13.28	5855	Deceleration	-21	26
2025-11-28	21.30	21.44	-11.76	7886	Deceleration	4	16
2025-11-21	20.40	21.41	-14.82	9518	Deceleration	-5	12
2025-11-14	22.30	21.42	-10.49	3610	Deceleration	31	17
2025-11-07	22.50	21.34	-8.10	801	Deceleration	33	20
2025-10-31	23.20	21.26	-6.47	4598	Deceleration	38	22
2025-10-24	23.00	21.18	-6.40	16963	Upward Expansion	42	27
2025-10-17	22.30	21.13	-8.28	8976	Upward Expansion	48	38
2025-10-10	23.50	21.10	-4.60	4127	Upward Expansion	64	56
2025-10-03	23.60	21.05	-7.48	14946	Upward Expansion	66	84
2025-09-26	24.50	21.02	-3.22	28878	Upward Expansion	74	89
2025-09-19	24.10	20.94	-4.51	22911	Rotation Up	76	90
2025-09-12	26.00	20.90	1.80	17975	Rotation Up	67	84
2025-09-05	22.70	20.76	-9.29	14644	Rotation Up	45	52
2025-08-29	20.40	20.76	-20.11	841	Balance	-13	14
2025-08-22	20.70	20.87	-21.69	844	Balance	-16	15
2025-08-15	20.40	20.97	-22.43	2460	Downward Expansion	-32	17
2025-08-08	20.10	21.06	-22.57	226	Downward Expansion	-38	22
2025-08-01	20.30	21.13	-19.45	2426	Downward Expansion	-53	33
2025-07-25	19.90	21.24	-23.44	1576	Downward Expansion	-58	53
2025-07-18	19.65	21.34	-24.41	2936	Downward Expansion	-62	60
2025-07-11	19.35	21.45	-25.87	1172	Downward Expansion	-70	61
2025-07-04	19.80	21.58	-24.11	2940	Downward Expansion	-61	43
2025-06-27	19.95	21.75	-24.60	412	Downward Expansion	-58	34
2025-06-20	20.20	21.90	-23.35	16929	Downward Expansion	-55	30
2025-06-13	20.40	22.05	-23.61	5412	Downward Expansion	-43	24
2025-06-06	20.40	22.19	-26.40	9236	Downward Expansion	-43	26
2025-05-30	20.80	22.34	-24.27	7717	Downward Expansion	-41	28
2025-05-23	20.80	22.50	-23.30	5106	Downward Expansion	-45	32
2025-05-16	20.30	22.67	-27.48	893	Downward Expansion	-59	41
2025-05-09	20.20	22.84	-25.59	10080	Downward Expansion	-62	45
2025-05-02	20.60	23.03	-22.07	2256	Downward Expansion	-60	50
2025-04-25	20.80	23.18	-19.05	1970	Downward Expansion	-62	58
2025-04-18	19.80	23.33	-19.77	3191	Downward Expansion	-74	70
2025-04-11	20.10	23.52	-13.65	7538	Downward Expansion	-73	67
2025-04-04	20.80	23.61	-11.93	3073	Downward Expansion	-69	58
2025-03-28	21.40	23.74	-18.59	4381	Downward Expansion	-65	48
2025-03-21	21.40	23.89	-18.90	7161	Downward Expansion	-70	50
2025-03-14	22.00	24.07	-15.53	887	Downward Expansion	-62	40
2025-03-07	22.80	24.27	-11.98	2069	Downward Expansion	-56	39
2025-02-28	22.20	24.43	-14.08	6504	Downward Expansion	-62	50
2025-02-21	22.60	24.63	-11.66	9610	Downward Expansion	-56	39
2025-02-14	22.00	24.82	-12.60	15904	Downward Expansion	-67	40
2025-02-07	22.60	25.03	-7.68	6064	Downward Expansion	-61	34
2025-01-31	23.80	25.26	-0.83	1066	Downward Expansion	-43	31
2025-01-24	23.60	25.46	-0.41	882	Downward Expansion	-56	39
2025-01-17	23.00	25.57	-2.64	2357	Downward Expansion	-59	53
2025-01-10	22.40	25.69	-1.51	2370	Downward Expansion	-69	67
2025-01-03	23.40	25.82	6.25	135	Downward Expansion	-60	65
2024-12-27	23.00	25.77	4.92	1501	Downward Expansion	-67	66
2024-12-20	23.00	25.71	6.66	5139	Downward Expansion	-69	62
2024-12-13	23.40	25.64	5.62	44713	Downward Expansion	-67	55
2024-12-06	24.80	25.51	13.01	938	Deceleration	-24	32
2024-11-29	24.40	25.28	16.37	3177	Deceleration	-28	32
2024-11-22	24.60	24.98	17.87	11678	Deceleration	-25	19
2024-11-15	24.80	24.67	17.28	7029	Deceleration	-4	7
2024-11-08	24.80	24.35	19.41	15562	Deceleration	15	8
2024-11-01	25.60	24.05	21.13	4746	Deceleration	27	17
2024-10-25	25.80	23.70	22.73	3260	Deceleration	26	18
2024-10-18	25.40	23.32	20.29	6503	Deceleration	24	17
2024-10-11	26.00	22.97	27.20	7166	Deceleration	14	13
2024-10-04	25.20	22.60	26.87	2202	Deceleration	7	19
2024-09-27	25.20	22.25	23.58	10341	Deceleration	7	22
2024-09-20	25.40	21.90	28.85	4064	Deceleration	9	24
2024-09-13	23.00	21.52	18.21	1732	Deceleration	-2	21
2024-09-06	24.60	21.24	28.11	419	Deceleration	35	25
2024-08-30	25.80	20.92	30.92	480	Deceleration	41	34
2024-08-23	27.00	20.54	40.86	887	Deceleration	46	45
2024-08-16	28.00	20.13	49.97	2899	Upward Expansion	49	51
2024-08-09	27.40	19.67	54.09	1674	Upward Expansion	61	59
2024-08-02	28.40	19.26	60.24	2827	Upward Expansion	64	64
2024-07-26	28.20	18.82	52.43	4832	Upward Expansion	67	67
2024-07-19	28.20	18.39	52.28	3130	Upward Expansion	68	68
2024-07-12	29.60	17.95	59.78	11237	Upward Expansion	81	87
2024-07-05	29.80	17.46	65.44	36801	Upward Expansion	91	93
2024-06-28	27.00	16.98	55.36	7101	Upward Expansion	84	88
2024-06-21	26.40	16.58	52.62	6343	Upward Expansion	90	96
2024-06-14	26.40	16.18	56.97	24047	Upward Expansion	97	99
2024-06-07	21.80	15.80	23.40	16991	Upward Expansion	82	93
2024-05-31	21.20	15.54	20.86	2473	Upward Expansion	86	95
2024-05-24	21.00	15.29	20.00	13531	Upward Expansion	93	97
2024-05-17	19.50	15.04	8.78	8361	Upward Expansion	92	89
2024-05-10	18.00	14.86	2.58	39416	Upward Expansion	86	75
2024-05-03	15.20	14.75	-10.79	5000	Upward Expansion	50	47
2024-04-26	15.30	14.74	-12.12	10111	Upward Expansion	52	49
2024-04-19	15.40	14.75	-11.13	3518	Upward Expansion	55	45
2024-04-12	15.70	14.75	-9.34	2610	Balance	63	41
2024-04-05	15.00	14.74	-14.25	42144	Balance	11	8
2024-03-29	14.50	14.77	-19.35	12189	Balance	-20	11
2024-03-22	14.90	14.82	-16.72	9054	Balance	-10	8
2024-03-15	14.80	14.85	-16.83	4398	Balance	-18	10
2024-03-08	14.90	14.87	-15.41	20860	Downward Expansion	-37	18
2024-03-01	14.50	14.90	-16.89	14038	Downward Expansion	-47	27
2024-02-23	14.00	14.94	-19.62	4506	Downward Expansion	-61	35
2024-02-16	14.80	14.99	-13.05	2921	Downward Expansion	-34	16
2024-02-09	14.80	15.02	-11.88	4537	Downward Expansion	-36	22
2024-02-02	14.60	15.06	-12.26	2619	Downward Expansion	-36	23
2024-01-26	14.70	15.10	-10.98	12927	Downward Expansion	-31	18
2024-01-19	14.10	15.14	-14.63	14294	Downward Expansion	-42	17
2024-01-12	15.00	15.18	-10.17	7338	Downward Expansion	-7	12
2024-01-05	15.20	15.18	-9.23	1763	Downward Expansion	13	16
2023-12-29	15.50	15.19	-7.50	832	Downward Expansion	5	16
2023-12-22	15.00	15.17	-10.91	38116	Downward Expansion	-18	19
2023-12-15	14.80	15.17	-12.63	554	Downward Expansion	-22	21
2023-12-08	15.40	15.18	-9.63	264	Downward Expansion	-11	21
2023-12-01	15.00	15.15	-10.92	6461	Downward Expansion	-35	21
2023-11-24	14.50	15.14	-12.83	4599	Downward Expansion	-57	41
2023-11-17	14.80	15.18	-11.58	6664	Downward Expansion	-64	68
2023-11-10	14.00	15.21	-13.74	350	Downward Expansion	-68	88
2023-11-03	13.70	15.24	-16.41	160	Downward Expansion	-81	92
2023-10-27	13.60	15.33	-13.25	6429	Downward Expansion	-91	93
2023-10-20	14.00	15.42	-11.44	1982	Rotation Down	-87	81

Price vs TrendBelow-6.7%

Trend directionRising+3.8%

Price vs current Fair ValuePremium+7.4%

Fair Value directionMoving away-26.4%

Relative Strength vs benchmarkLagging-6.0%

Relative strength directionWeakening-11.0%

Price momentumPositive+7.8%

Volume balanceSupply-led0.24×

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

-53 / ±100

-61.4 points since 2026-09-11

Energy

70 /100

+46.1 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.

DHH Directional State ↗ DHH Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance14

Rotation Up14

Upward Expansion34

Deceleration49

Rotation Down75

Downward Expansion52

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

2023-10-20 to 2026-10-09 · 156 classified observations out of 156 shown.

Balance 12%Rotation Up 2%Upward Expansion 25%Deceleration 22%Rotation Down 1%Downward Expansion 37%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Rotation Down	2026-10-09	2026-10-09	New	+0.0%
Deceleration	2026-08-14	2026-10-02	Developing	-6.4%
Upward Expansion	2026-06-05	2026-08-07	Developing	+2.3%
Balance	2026-04-03	2026-05-29	Developing	+9.8%
Downward Expansion	2026-03-20	2026-03-27	New	+9.5%
Balance	2026-02-27	2026-03-13	New	+0.5%
Upward Expansion	2026-01-16	2026-02-20	Developing	-10.4%
Deceleration	2025-10-31	2026-01-09	Developing	+3.9%
Upward Expansion	2025-09-26	2025-10-24	Developing	-6.1%
Rotation Up	2025-09-05	2025-09-19	New	+6.2%
Balance	2025-08-22	2025-08-29	New	-1.4%
Downward Expansion	2024-12-13	2025-08-15	Extended	-12.8%
Deceleration	2024-08-23	2024-12-06	Established	-8.1%
Upward Expansion	2024-04-19	2024-08-16	Established	+81.8%

Classic Stage Analysis comparison

Stage 1 · Basing25

Stage 2 · Advancing42

Stage 3 · Distribution58

Stage 4 · Declining58

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

Leadership versus FTSEMIB.MI

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: 87/100
Current Relative Strength: -6.01
Relative Strength direction: Weakening
Price momentum: +7.8%
Excess performance vs benchmark: +3.3%
Technology regime cohort: 100th percentile3 in cohort

Test DHH trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.12×

Latest completed volume relative to typical participation.

Up/down volume0.24×

Participation balance between advancing and declining observations.

Accumulation / distribution0 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+50.0%

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 DHH Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity EUR 24.76falling

Slow Activity EUR 25.81rising

Trend Reference EUR 25.20-6.7% close margin

Current Fair Value EUR 21.88+7.4% close margin

Structural low EUR 21.40shock / 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 +3.3%

Annualized volatility +24.3%

From structural high -17.8%

From structural low +20.2%

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 FTSEMIB.MI	Regime survived	Read
Near term	2	-2.7%-5.4% to +0.0%	+0.0%	+50.0%	-3.8%	+0.0%	Too little matched history
Intermediate	2	+2.3%+1.4% to +3.3%	+100.0%	+0.0%	-2.1%	+0.0%	Too little matched history
Extended	1	-1.3%-1.3% to -1.3%	+0.0%	+100.0%	-8.5%	+0.0%	Too little matched history
Full cycle	1	+30.0%+30.0% to +30.0%	+100.0%	+0.0%	+1.4%	+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.

DHH Stage Analysis

What the Activity Line geometry says now

The Activity Line structure is rotating downward.

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 Activity Line structure is rotating downward.

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