Weekly structural research ยท GER ยท Real Estate

O5G Stage Analysis

CPI Property Group

Week ending 2 Oct 2026Close EUR 0.79Tenure NewBenchmark ^GDAXI
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Upward Expansion ยท 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.
  • A price shock beyond the complete Activity structure bypassed the ordinary persistence gate.
Direction 83โˆ’100 bearish to +100 bullish
Energy 77/100directional strength
Maturity 8/100lifecycle context
Confidence 75/100evidence agreement
Trend gate Upstructural direction
Activity structure Wideexpanding separation
Price acceptance -33.3%position within the Activity structure
Fair Value context -2.9%EUR 0.8136 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
2026-10-020.790.7372.452022Upward Expansion8377
2026-09-250.730.7352-6.120Downward Expansion-5943
2026-09-180.730.7355-6.040Downward Expansion-5730
2026-09-110.730.7358-7.3583Downward Expansion-5826
2026-09-040.7350.736-8.770Downward Expansion-5032
2026-08-280.7350.7362-10.920Downward Expansion-5453
2026-08-210.7350.7365-9.800Downward Expansion-5762
2026-08-140.730.7365-11.730Balance-6461
2026-08-070.730.7383-11.640Balance-4931
2026-07-310.730.7407-9.6036Balance-4520
2026-07-240.740.7423-6.780Balance-912
2026-07-170.740.7438-6.05500Balance-1012
2026-07-100.740.7453-7.180Balance-1012
2026-07-030.740.7468-10.010Balance-1113
2026-06-260.740.7483-6.321495Balance-2016
2026-06-190.740.7478-7.740Balance-2715
2026-06-120.740.7495-6.750Balance-3215
2026-06-050.740.7512-7.510Downward Expansion-4732
2026-05-290.730.753-10.260Downward Expansion-4839
2026-05-220.730.7545-9.8010Downward Expansion-4940
2026-05-150.7150.757-8.49866Balance-6140
2026-05-080.740.7598-7.09115Balance-3317
2026-05-010.730.7622-8.45316Balance-4019
2026-04-240.7450.765-6.2673Balance-3215
2026-04-170.740.767-9.392238Downward Expansion-3620
2026-04-100.7450.7697-5.821015Downward Expansion-3820
2026-04-030.7350.7722-5.041260Downward Expansion-4927
2026-03-270.7250.7748-3.138404Downward Expansion-5531
2026-03-200.750.7778-0.396579Downward Expansion-5029
2026-03-130.730.78-7.603248Downward Expansion-5735
2026-03-060.7350.7828-7.7816691Downward Expansion-5740
2026-02-270.740.7855-13.602140Downward Expansion-5544
2026-02-200.740.788-13.904517Downward Expansion-5550
2026-02-130.7350.791-13.668198Downward Expansion-5857
2026-02-060.740.7942-12.7219382Downward Expansion-5752
2026-01-300.7450.7973-11.851554Balance-5639
2026-01-230.7350.8002-14.638577Balance-6131
2026-01-160.7850.8032-10.687575Balance-2713
2026-01-090.800.8045-9.211513Balance-2413
2026-01-020.780.8057-9.30344Downward Expansion-3416
2025-12-260.7850.8075-8.400Downward Expansion-3718
2025-12-190.7850.8093-8.572238Downward Expansion-5335
2025-12-120.7850.8107-8.5356Downward Expansion-5641
2025-12-050.7850.8123-8.237048Downward Expansion-5944
2025-11-280.7250.814-14.835086Downward Expansion-9063
2025-11-210.790.8175-4.693736Downward Expansion-6152
2025-11-140.790.8188-8.141090Downward Expansion-6569
2025-11-070.7950.82-6.764490Downward Expansion-6374
2025-10-310.7750.821-10.921000Downward Expansion-9288
2025-10-240.8050.8223-8.97167Downward Expansion-5952
2025-10-170.800.8232-8.360Downward Expansion-7060
2025-10-100.810.824-9.080Downward Expansion-5537
2025-10-030.8150.8245-9.41100Downward Expansion-4829
2025-09-260.8050.8248-8.505139Downward Expansion-6536
2025-09-190.820.8258-6.750Downward Expansion-4024
2025-09-120.820.8258-7.3620Downward Expansion-5238
2025-09-050.8150.8257-7.910Downward Expansion-5860
2025-08-290.8150.8257-9.510Balance-5759
2025-08-220.8150.8255-11.620Balance-3148
2025-08-150.8150.8257-12.110Balance-2737
2025-08-080.8150.8252-11.9711Balance-1824
2025-08-010.8150.825-9.772005Balance14
2025-07-250.830.8247-11.6010Upward Expansion3716
2025-07-180.830.8233-12.3367Upward Expansion2811
2025-07-110.8350.8217-12.180Upward Expansion3415
2025-07-040.830.82-11.3946Upward Expansion2913
2025-06-270.8250.8185-13.240Upward Expansion2913
2025-06-200.8250.8172-11.19563Upward Expansion3619
2025-06-130.8350.8158-11.150Upward Expansion5127
2025-06-060.8350.8143-14.44360Upward Expansion5229
2025-05-300.840.8128-13.232746Upward Expansion5934
2025-05-230.8250.8112-13.81941Upward Expansion5128
2025-05-160.8350.8103-13.610Upward Expansion5740
2025-05-090.8350.8085-12.99186Upward Expansion5840
2025-05-020.830.8073-12.33742Deceleration5431
2025-04-250.830.8062-9.4222Deceleration5427
2025-04-180.8250.8052-5.980Upward Expansion3921
2025-04-110.8250.8043-2.7412Upward Expansion3921
2025-04-040.8150.8033-5.66803Upward Expansion3922
2025-03-280.830.8028-12.182132Upward Expansion5533
2025-03-210.8250.8022-14.870Upward Expansion5439
2025-03-140.8250.8025-15.810Upward Expansion5640
2025-03-070.8250.8033-16.5010404Rotation Up5642
2025-02-280.8350.8032-14.4110000Rotation Up4036
2025-02-210.820.8023-15.54238Rotation Up3026
2025-02-140.8150.8027-17.500Rotation Up2836
2025-02-070.8150.8032-15.46510Rotation Up2032
2025-01-310.810.8033-16.430Rotation Up1735
2025-01-240.820.8038-14.72601Balance2529
2025-01-170.800.8042-15.44341Balance-1215
2025-01-100.810.8047-12.1312Downward Expansion-69
2025-01-030.8050.8048-11.90732Downward Expansion-2512
2024-12-270.790.8053-14.442377Downward Expansion-5128
2024-12-200.780.806-15.663198Downward Expansion-5837
2024-12-130.7850.8068-17.850Downward Expansion-5433
2024-12-060.7850.8082-18.330Downward Expansion-5534
2024-11-290.7850.8097-15.76142Downward Expansion-5430
2024-11-220.7850.811-15.011000Downward Expansion-5530
2024-11-150.790.8132-14.5630Downward Expansion-5128
2024-11-080.790.8177-15.071500Downward Expansion-5230
2024-11-010.790.8223-15.822551Downward Expansion-5230
2024-10-250.800.827-16.2419482Downward Expansion-5131
2024-10-180.780.8313-19.773635Downward Expansion-6742
2024-10-110.800.8365-17.170Downward Expansion-5537
2024-10-040.7950.841-17.1739Downward Expansion-6045
2024-09-270.800.8457-18.69239Downward Expansion-5751
2024-09-200.800.8502-15.9612844Downward Expansion-5850
2024-09-130.7950.8545-16.8646Downward Expansion-6855
2024-09-060.800.8595-14.9587Downward Expansion-6636
2024-08-300.810.8643-17.041650Downward Expansion-4123
2024-08-230.8350.8683-13.6941Downward Expansion-2418
2024-08-160.850.8715-11.041828Downward Expansion-3122
2024-08-090.820.8742-11.610Downward Expansion-5438
2024-08-020.810.8778-12.69260Downward Expansion-6443
2024-07-260.830.8818-14.510Downward Expansion-4234
2024-07-190.830.8852-13.64669Downward Expansion-4132
2024-07-120.820.8885-17.582Downward Expansion-4440
2024-07-050.8250.8922-16.24600Downward Expansion-4745
2024-06-280.830.8957-15.05397Downward Expansion-5153
2024-06-210.8150.899-16.590Downward Expansion-6463
2024-06-140.8150.9027-16.210Downward Expansion-6665
2024-06-070.820.905-18.51269Downward Expansion-6875
2024-05-310.810.9072-19.61731Downward Expansion-7490
2024-05-240.8050.9098-21.295603Downward Expansion-8494
2024-05-170.8250.9128-19.76305Downward Expansion-7992
2024-05-100.830.9152-19.89610Rotation Down-8694
2024-05-030.8250.9173-17.34700Rotation Down-6481
2024-04-260.850.9197-15.914000Rotation Down-4958
2024-04-190.9250.9212-6.64120Deceleration99
2024-04-120.930.9202-7.311887Deceleration1910
2024-04-050.930.9188-8.720Deceleration3015
2024-03-290.930.9175-10.501347Deceleration3319
2024-03-220.9350.9167-8.849450Deceleration3724
2024-03-150.9350.915-7.680Upward Expansion4026
2024-03-080.9350.9133-7.35100Upward Expansion5340
2024-03-010.9350.9117-7.15200Upward Expansion5660
2024-02-230.930.91-6.151000Upward Expansion5658
2024-02-160.9450.9087-3.18200Upward Expansion6046
2024-02-090.9450.9068-2.233100Deceleration6243
2024-02-020.930.9057-3.910Deceleration4328
2024-01-260.930.905-4.290Upward Expansion5031
2024-01-190.930.9047-2.120Upward Expansion5233
2024-01-120.930.9038-3.141000Upward Expansion5435
2024-01-050.930.903-2.650Upward Expansion5745
2023-12-290.930.9022-3.74500Upward Expansion5958
2023-12-220.930.9013-3.790Upward Expansion6066
2023-12-150.930.9005-4.351143Upward Expansion6065
2023-12-080.930.8997-4.7091Balance6160
2023-12-010.930.899-2.841310Balance3438
2023-11-240.9250.8983-1.3533686Balance2012
2023-11-170.8850.8978-5.12555Balance-5134
2023-11-100.8850.8987-1.128650Balance-5026
2023-11-030.890.8993-0.47747Balance-3615
2023-10-270.8950.89983.1888Balance-188
2023-10-200.8950.90022.121853Balance-209
2023-10-130.8950.8992-0.870Downward Expansion-3114
Price vs TrendAbove+7.2%
Trend directionFalling-0.7%
Price vs current Fair ValueBelow anchor-2.9%
Fair Value directionClosing upward+7.6%
Relative Strength vs benchmarkLeading+2.4%
Relative strength directionImproving+12.5%
Price momentumPositive+7.5%
Volume balanceDemand-led16.99ร—
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

83 / ยฑ100

+132.1 points since 2026-09-04

Energy

77 /100

+44.5 points since 2026-09-04

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
Balance23
Rotation Up69
Upward Expansion82
Deceleration53
Rotation Down16
Downward Expansion23

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

2023-10-13 to 2026-10-02 ยท 156 classified observations out of 156 shown.

Balance 21%Rotation Up 4%Upward Expansion 20%Deceleration 6%Rotation Down 2%Downward Expansion 47%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Upward Expansion2026-10-022026-10-02New+0.0%
Downward Expansion2026-08-212026-09-25Developing-0.7%
Balance2026-06-122026-08-14Developing-1.4%
Downward Expansion2026-05-222026-06-05New+1.4%
Balance2026-04-242026-05-15New-4.0%
Downward Expansion2026-02-062026-04-17Developing+0.0%
Balance2026-01-092026-01-30New-6.9%
Downward Expansion2025-09-052026-01-02Established-4.3%
Balance2025-08-012025-08-29Developing+0.0%
Upward Expansion2025-05-092025-07-25Developing-0.6%
Deceleration2025-04-252025-05-02New+0.0%
Upward Expansion2025-03-142025-04-18Developing+0.0%
Rotation Up2025-01-312025-03-07Developing+1.9%
Balance2025-01-172025-01-24New+2.5%
Classic Stage Analysis comparison
Stage 1 ยท Basing57
Stage 2 ยท Advancing77
Stage 3 ยท Distribution51
Stage 4 ยท Declining23

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

Leadership versus ^GDAXI

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
75/100
Current Relative Strength
2.45
Relative Strength direction
Improving
Price momentum
+7.5%
Excess performance vs benchmark
-1.4%
Real Estate regime cohort
100th percentile1 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume9.75ร—

Latest completed volume relative to typical participation.

Up/down volume16.99ร—

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 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+50.0%

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 EUR 0.7503rising
Slow Activity EUR 0.738rising
Trend Reference EUR 0.737+7.2% close margin
Current Fair Value EUR 0.8136-2.9% close margin
Structural low EUR 0.71shock / 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 +1.3%
Annualized volatility +13.4%
From structural high -3.7%
From structural low +17.0%
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 ^GDAXI Regime survived Read
Near term24+0.0%-1.8% to +8.4%+41.7%+41.7%+0.3%+66.7%Usable descriptive sample
Intermediate10-0.3%-12.8% to +14.3%+40.0%+40.0%-2.7%+50.0%Usable descriptive sample
Extended6-0.3%-12.4% to +13.7%+33.3%+33.3%-2.7%+16.7%Usable descriptive sample
Full cycle4-5.2%-15.6% to +23.3%+50.0%+50.0%-16.1%+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