Weekly structural research ยท NYSE ยท Financial Services

CIB Stage Analysis

Grupo Cibest S.A.

Week ending 9 Oct 2026Close USD 94.81Tenure NewBenchmark SPY
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Deceleration ยท Recompressing

The upward structure remains, but its energy is decelerating.

Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down.

  • The Trend gate is up within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: moderate and contracting.
Direction 42โˆ’100 bearish to +100 bullish
Energy 30/100directional strength
Maturity 69/100lifecycle context
Confidence 95/100evidence agreement
Trend gate Upstructural direction
Activity structure Moderatecontracting separation
Price acceptance +33.3%position within the Activity structure
Fair Value context +103.8%USD 46.52 ยท weakening
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.
  • Upward ExpansionUptrend is established.
  • DecelerationUptrend is losing energy.
  • Rotation DownStructure is turning lower.
View chart values ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-10-0994.8181.1016.181507039Deceleration4230
2026-10-0291.9180.1014.821384447Upward Expansion4639
2026-09-2593.6979.1817.701316115Upward Expansion6051
2026-09-1895.1578.2822.041296380Upward Expansion6356
2026-09-11100.4877.7229.911702183Upward Expansion7577
2026-09-0497.4376.8926.282428965Upward Expansion7074
2026-08-2894.1976.2123.321460213Upward Expansion6775
2026-08-21100.5875.7533.471005495Upward Expansion8591
2026-08-1495.5675.0926.422088158Upward Expansion8285
2026-08-0788.1074.3917.821424569Upward Expansion6876
2026-07-3192.5273.7729.111787038Upward Expansion8786
2026-07-2486.0172.7622.651377828Upward Expansion7875
2026-07-1780.4172.0315.101152475Upward Expansion6469
2026-07-1082.9571.4117.76936440Upward Expansion7781
2026-07-0379.1570.7414.831115114Upward Expansion6875
2026-06-2677.9970.1516.392948444Upward Expansion5658
2026-06-1980.1369.6117.591841972Rotation Down6653
2026-06-1278.9068.9317.732393995Rotation Down5031
2026-06-0569.7468.365.442908676Rotation Down-1821
2026-05-2967.4868.11-0.032000709Rotation Down-2950
2026-05-2264.8267.76-2.181502562Rotation Down-2946
2026-05-1562.1467.44-5.081540705Balance-3041
2026-05-0864.2267.24-1.391395635Balance-310
2026-05-0165.9666.824.002138042Upward Expansion1814
2026-04-2471.5166.3314.301126771Upward Expansion4132
2026-04-1773.8765.6519.361531551Deceleration4432
2026-04-1074.5764.8926.781284533Deceleration4627
2026-04-0372.1764.1128.271118918Deceleration2214
2026-03-2768.8363.4127.452141474Deceleration1020
2026-03-2067.8562.7723.902706494Deceleration1828
2026-03-1364.7562.1417.083035294Deceleration1624
2026-03-0664.1861.6115.083200862Upward Expansion2622
2026-02-2766.7661.0118.184690520Upward Expansion4941
2026-02-2078.2560.2338.941145239Upward Expansion6866
2026-02-1375.7359.0737.591663814Upward Expansion6780
2026-02-0677.0758.0539.932458228Upward Expansion6788
2026-01-3080.3156.9347.402351864Upward Expansion8695
2026-01-2380.7355.7750.872177988Upward Expansion9396
2026-01-1674.5054.5641.002198849Upward Expansion9189
2026-01-0969.5853.4933.211903077Upward Expansion8565
2026-01-0262.1652.5622.49877956Upward Expansion6254
2025-12-2664.3051.9026.80766436Upward Expansion7461
2025-12-1961.6551.1224.802373504Upward Expansion6459
2025-12-1262.8550.4328.861207745Upward Expansion7466
2025-12-0561.3849.6926.631448870Upward Expansion6866
2025-11-2862.0249.0029.881234512Upward Expansion7579
2025-11-2159.6248.2731.031336341Upward Expansion6884
2025-11-1461.9047.6535.031684890Upward Expansion8693
2025-11-0762.1846.8737.561984216Upward Expansion9596
2025-10-3157.0846.0225.871160378Upward Expansion8481
2025-10-2455.1545.4123.721823852Upward Expansion7969
2025-10-1756.0644.8629.501826775Upward Expansion9173
2025-10-1051.6844.2522.711176066Upward Expansion7061
2025-10-0351.3143.8019.981140285Upward Expansion6965
2025-09-2651.0843.3221.821558007Upward Expansion7074
2025-09-1951.0342.8522.401301430Upward Expansion7283
2025-09-1251.0242.4224.992195697Upward Expansion7589
2025-09-0551.2641.9228.741552985Upward Expansion8393
2025-08-2949.6341.3726.181302951Upward Expansion7890
2025-08-2249.1140.8825.871221116Upward Expansion8281
2025-08-1548.7140.3026.281631888Upward Expansion8361
2025-08-0846.2839.6322.062480583Upward Expansion7552
2025-08-0143.3939.0418.151639702Upward Expansion5844
2025-07-2543.3738.5415.961036472Upward Expansion6254
2025-07-1845.1938.0123.331012461Upward Expansion7476
2025-07-1143.5037.4320.25919108Upward Expansion6672
2025-07-0445.3336.9425.68853680Upward Expansion8176
2025-06-2744.3536.3725.952020658Upward Expansion7963
2025-06-2042.4735.8425.691479325Upward Expansion6954
2025-06-1341.8335.3624.521905887Upward Expansion6753
2025-06-0642.3534.8826.502712091Upward Expansion7456
2025-05-3040.7534.4024.371969763Upward Expansion6452
2025-05-2340.8933.9527.601229308Upward Expansion6658
2025-05-1640.8733.4924.961682309Upward Expansion6867
2025-05-0940.4833.0930.881878296Upward Expansion6963
2025-05-0240.3232.6730.581983413Upward Expansion7055
2025-04-2541.0532.2337.641680445Upward Expansion7856
2025-04-1838.3431.7835.471502638Upward Expansion6448
2025-04-1136.5931.4028.314593265Upward Expansion6351
2025-04-0438.8331.0844.543134137Upward Expansion7164
2025-03-2838.7930.6832.192256299Upward Expansion7667
2025-03-2137.8130.3227.662032625Upward Expansion7066
2025-03-1438.2029.9830.261599432Upward Expansion7770
2025-03-0736.8929.6623.691797599Upward Expansion7081
2025-02-2836.9629.3220.682111915Upward Expansion7490
2025-02-2137.9128.9823.072383264Upward Expansion9197
2025-02-1436.0628.6415.661415313Upward Expansion9096
2025-02-0734.8828.3813.881664773Upward Expansion9196
2025-01-3135.0428.1814.484269725Upward Expansion9391
2025-01-2431.6027.942.442252174Upward Expansion8473
2025-01-1728.4827.81-6.091427461Balance4925
2025-01-1028.6627.75-2.94917226Balance5323
2025-01-0328.3427.68-6.04746537Balance4922
2024-12-2727.6927.71-9.04448648Balance4320
2024-12-2027.8127.76-8.251208208Balance4835
2024-12-1328.6727.79-7.25982141Balance3240
2024-12-0628.2727.83-9.131113960Balance2227
2024-11-2928.2527.82-8.45947028Balance1119
2024-11-2228.3327.80-7.161281685Balance-56
2024-11-1527.4527.76-8.531457668Balance-3014
2024-11-0827.8327.73-9.22848255Balance-148
2024-11-0127.3527.75-6.621140933Balance-3015
2024-10-2527.0527.83-8.971125820Balance-3517
2024-10-1828.6327.86-4.641667452Balance1614
2024-10-1127.9527.83-6.051355133Balance-2812
2024-10-0427.1027.76-7.751566597Balance-4935
2024-09-2727.6227.72-5.691287330Balance-4636
2024-09-2027.0727.67-7.081346401Balance-2027
2024-09-1326.7727.65-6.811772833Balance-2620
2024-09-0627.0827.61-1.941216429Balance-1910
2024-08-3027.8527.54-3.08834901Balance156
2024-08-2327.6927.47-3.241192970Balance1211
2024-08-1628.5327.391.21844539Balance2316
2024-08-0926.5727.28-1.831475896Balance-2021
2024-08-0226.7627.25-1.06928949Balance34
2024-07-2627.7227.260.35622655Upward Expansion3120
2024-07-1928.3127.151.67792234Upward Expansion3521
2024-07-1229.0527.002.291109358Upward Expansion4318
2024-07-0527.8526.78-0.84960552Upward Expansion2221
2024-06-2827.4826.57-0.142137537Upward Expansion2618
2024-06-2126.6826.39-2.91919901Upward Expansion2213
2024-06-1426.5826.21-2.521496080Upward Expansion4126
2024-06-0729.3526.039.561532641Upward Expansion6658
2024-05-3129.0325.769.971005526Upward Expansion6457
2024-05-2428.9025.499.481144537Upward Expansion6449
2024-05-1729.7525.1913.211114006Deceleration7648
2024-05-1028.0224.859.011218792Deceleration4829
2024-05-0327.7824.5610.521060282Upward Expansion4833
2024-04-2626.8724.297.951738932Upward Expansion5947
2024-04-1926.7324.0810.641315896Upward Expansion6362
2024-04-1228.2523.8713.522413953Upward Expansion6684
2024-04-0529.7923.6218.111588328Upward Expansion9092
2024-03-2928.0223.2610.58791149Upward Expansion7967
2024-03-2227.7323.0110.211311596Upward Expansion8059
2024-03-1525.7722.765.191744904Upward Expansion6050
2024-03-0826.0722.586.73893530Upward Expansion6151
2024-03-0126.1322.426.891279777Deceleration6352
2024-02-2326.5122.289.672630715Deceleration7156
2024-02-1625.3322.156.79950607Upward Expansion5851
2024-02-0925.1922.056.01663234Upward Expansion6157
2024-02-0225.5221.938.92836170Upward Expansion6463
2024-01-2625.3521.759.781107327Upward Expansion6683
2024-01-1925.4521.5711.251312844Upward Expansion6887
2024-01-1225.3921.3612.282162132Upward Expansion7289
2024-01-0527.1621.1822.351300666Upward Expansion9798
2023-12-2924.5420.979.09878336Upward Expansion8989
2023-12-2223.6320.785.331419292Upward Expansion8580
2023-12-1522.4020.570.702003595Upward Expansion7268
2023-12-0821.8020.400.37719705Upward Expansion6463
2023-12-0121.9220.271.151027121Upward Expansion6661
2023-11-2421.4220.15-0.26849584Balance5842
2023-11-1721.2420.03-0.05957548Balance4530
2023-11-1021.0319.991.34873482Balance3921
2023-11-0321.0319.992.791250770Rotation Down3416
2023-10-2719.7819.922.43927868Rotation Down-1225
2023-10-2019.7019.87-0.421061855Deceleration-1022
Price vs TrendAbove+16.9%
Trend directionRising+9.9%
Price vs current Fair ValuePremium+103.8%
Fair Value directionMoving away-1.1%
Relative Strength vs benchmarkLeading+16.2%
Relative strength directionWeakening-1.6%
Price momentumPositive+27.1%
Volume balanceDemand-led1.48ร—
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

42 / ยฑ100

-32.6 points since 2026-09-11

Energy

30 /100

-47.6 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
Balance36
Rotation Up32
Upward Expansion64
Deceleration88
Rotation Down27
Downward Expansion17

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 19%Upward Expansion 69%Deceleration 8%Rotation Down 5%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Deceleration2026-10-092026-10-09New+0.0%
Upward Expansion2026-06-262026-10-02Established+17.8%
Rotation Down2026-05-222026-06-19Developing+23.6%
Balance2026-05-082026-05-15New-3.2%
Upward Expansion2026-04-242026-05-01New-7.8%
Deceleration2026-03-132026-04-17Developing+14.1%
Upward Expansion2025-01-242026-03-06Extended+103.1%
Balance2024-08-022025-01-17Established+6.4%
Upward Expansion2024-05-242024-07-26Developing-4.1%
Deceleration2024-05-102024-05-17New+6.2%
Upward Expansion2024-03-082024-05-03Developing+6.6%
Deceleration2024-02-232024-03-01New-1.4%
Upward Expansion2023-12-012024-02-16Developing+15.5%
Balance2023-11-102023-11-24New+1.8%
Classic Stage Analysis comparison
Stage 1 ยท Basing7
Stage 2 ยท Advancing100
Stage 3 ยท Distribution63
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 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
91/100
Current Relative Strength
16.18
Relative Strength direction
Weakening
Price momentum
+27.1%
Excess performance vs benchmark
+12.3%
Financial Services regime cohort
83th percentile99 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.88ร—

Latest completed volume relative to typical participation.

Up/down volume1.48ร—

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+75.0%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity USD 94.24falling
Slow Activity USD 87.06rising
Trend Reference USD 81.10+16.9% close margin
Current Fair Value USD 46.52+103.8% close margin
Structural low USD 61.53shock / repair context
What changes the read?

Renewed positive order and expanding width produce re-acceleration; fast/slow failure with downside acceptance produces Rotation Down.

Range context +7.6%
Annualized volatility +35.7%
From structural high -8.8%
From structural low +81.3%
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 movePositive periodsDirectional follow-through Median excess vs SPY Regime survived Read
Near term12+2.8%-24.3% to +15.2%+58.3%+58.3%+1.3%+41.7%Usable descriptive sample
Intermediate6+8.4%-10.2% to +21.9%+66.7%+66.7%+5.1%+0.0%Usable descriptive sample
Extended6+20.3%-31.1% to +55.2%+83.3%+83.3%+7.2%+33.3%Usable descriptive sample
Full cycle3+43.0%-5.9% to +46.7%+66.7%+66.7%+16.6%+33.3%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