Weekly structural research ยท ASX ยท Industrials

SKS Stage Analysis

SKS Technologies Group Limited

Week ending 9 Oct 2026Close AUD 8.75Tenure NewBenchmark ^AXJO
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: improving.
  • Activity structure: moderate and expanding.
Direction 54โˆ’100 bearish to +100 bullish
Energy 58/100directional strength
Maturity 14/100lifecycle context
Confidence 83/100evidence agreement
Trend gate Upstructural direction
Activity structure Moderateexpanding separation
Price acceptance +16.7%position within the Activity structure
Fair Value context +192.7%AUD 2.99 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.
  • Rotation UpStructure is turning higher.
  • Upward ExpansionUptrend is established.
  • DecelerationUptrend is losing energy.
  • Rotation DownStructure is turning lower.
View chart values ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-10-098.757.8043.2116579435Upward Expansion5458
2026-10-0210.887.6681.333229633Upward Expansion7875
2026-09-2510.167.4473.523903486Deceleration7042
2026-09-189.197.2559.097512891Deceleration4923
2026-09-117.747.1036.511319412Deceleration1111
2026-09-047.696.9733.79395208Deceleration2922
2026-08-288.456.8547.86255856Deceleration3931
2026-08-218.146.6845.75283131Deceleration4628
2026-08-149.426.5470.80313163Deceleration6838
2026-08-078.276.3651.17415810Deceleration3421
2026-07-317.306.2140.52598757Deceleration3623
2026-07-248.296.1066.37225321Deceleration4434
2026-07-178.365.9571.32708598Upward Expansion4843
2026-07-108.345.8174.98237138Upward Expansion6154
2026-07-038.515.6682.38465925Upward Expansion6357
2026-06-269.275.52105.95278435Upward Expansion7466
2026-06-199.305.35111.81230075Upward Expansion8070
2026-06-127.915.1586.84375190Upward Expansion6766
2026-06-058.605.00113.391910373Upward Expansion7182
2026-05-299.104.83130.68660903Upward Expansion8895
2026-05-227.954.65110.771940560Upward Expansion7490
2026-05-158.304.51127.913405521Upward Expansion8895
2026-05-088.044.37125.882986088Upward Expansion9397
2026-05-016.454.2488.001295207Upward Expansion7788
2026-04-246.904.17104.952440536Upward Expansion8887
2026-04-175.674.0670.263301343Upward Expansion7863
2026-04-104.903.9950.211104358Upward Expansion6328
2026-04-034.203.9336.87706391Upward Expansion3215
2026-03-273.903.8830.071155349Upward Expansion2915
2026-03-203.893.8532.711225879Upward Expansion4729
2026-03-134.553.8153.751798593Upward Expansion6565
2026-03-064.393.7446.871522522Upward Expansion5962
2026-02-274.403.6843.972282304Upward Expansion6259
2026-02-204.673.6057.072454171Deceleration7239
2026-02-134.043.5240.811337743Deceleration4018
2026-02-063.893.4640.321649293Deceleration2111
2026-01-303.503.4025.651433831Deceleration1611
2026-01-233.753.3535.88775963Deceleration3520
2026-01-164.063.2848.251337551Deceleration4628
2026-01-093.833.2044.33946580Upward Expansion4128
2026-01-023.923.1349.17494570Upward Expansion5541
2025-12-263.903.0549.92567926Upward Expansion5950
2025-12-194.062.9861.24707539Upward Expansion6155
2025-12-124.062.9062.84869507Upward Expansion6452
2025-12-054.252.8274.45838028Deceleration7550
2025-11-284.112.7372.291723739Deceleration5933
2025-11-213.442.6650.012087558Deceleration3529
2025-11-143.252.6039.921691514Deceleration4233
2025-11-073.422.5446.522141100Upward Expansion5050
2025-10-313.772.4961.571642422Upward Expansion6565
2025-10-243.912.4167.851445095Upward Expansion6768
2025-10-173.892.3470.842415870Upward Expansion6987
2025-10-104.382.2897.473238109Upward Expansion9397
2025-10-034.092.1988.573245608Upward Expansion9498
2025-09-263.852.1185.442650669Upward Expansion9697
2025-09-193.422.0468.762348658Upward Expansion9294
2025-09-123.091.9953.601645310Upward Expansion8794
2025-09-052.861.9644.811040851Upward Expansion8192
2025-08-292.811.9342.746492971Upward Expansion8694
2025-08-222.691.9138.101240313Upward Expansion8693
2025-08-152.541.8932.411545682Upward Expansion8387
2025-08-082.441.8830.311557309Rotation Up8385
2025-08-012.231.8721.701778320Rotation Up4568
2025-07-252.211.8621.261374155Rotation Up4768
2025-07-182.181.8519.021155540Rotation Up3858
2025-07-112.021.8313.341308273Balance2639
2025-07-042.021.8213.801614277Balance613
2025-06-271.811.823.851218049Balance-2612
2025-06-201.681.82-2.54856869Balance-3619
2025-06-131.631.83-4.99443015Balance-5124
2025-06-061.641.84-3.16762731Balance-4926
2025-05-301.741.844.61985881Balance-4728
2025-05-231.691.833.981992745Rotation Down-4826
2025-05-161.561.82-2.85943259Rotation Down-5830
2025-05-091.561.81-0.991025489Rotation Down-3321
2025-05-021.871.8119.62826892Rotation Down-1815
2025-04-251.721.7915.78448777Rotation Down-2839
2025-04-181.631.7813.17899583Rotation Down-3240
2025-04-111.641.7718.041278357Rotation Down-2331
2025-04-041.531.7611.68888086Balance-3334
2025-03-281.861.7532.241011906Balance714
2025-03-211.881.7336.88866009Balance617
2025-03-141.791.7236.05672896Balance615
2025-03-071.721.7130.99889562Upward Expansion1315
2025-02-281.771.7033.662252852Upward Expansion2716
2025-02-212.011.7052.471070674Upward Expansion4330
2025-02-142.051.6854.471180726Upward Expansion5639
2025-02-072.031.6757.751071083Upward Expansion6147
2025-01-312.151.6470.81730718Upward Expansion6766
2025-01-242.091.6073.49955150Upward Expansion6264
2025-01-172.161.5686.591981915Upward Expansion7161
2025-01-102.201.5296.412253441Upward Expansion7749
2025-01-031.891.4776.18636786Upward Expansion5033
2024-12-271.881.4379.68631837Upward Expansion5336
2024-12-201.541.3955.201641334Upward Expansion5543
2024-12-131.871.3787.371408998Upward Expansion6574
2024-12-061.901.3394.481219053Upward Expansion6784
2024-11-291.941.29104.721236395Upward Expansion7687
2024-11-221.981.25117.212401452Upward Expansion8689
2024-11-151.851.21112.731206125Upward Expansion8480
2024-11-081.651.1697.24910249Upward Expansion7359
2024-11-011.541.1394.721093736Deceleration6640
2024-10-251.361.0975.15447778Deceleration3825
2024-10-181.351.0677.37400755Deceleration4933
2024-10-111.411.0392.061039210Deceleration5435
2024-10-041.360.990892.92306822Deceleration3723
2024-09-271.440.9572109.60572752Deceleration4425
2024-09-201.370.9204106.891688893Deceleration3624
2024-09-131.180.88586.431096233Deceleration3926
2024-09-061.270.8553109.241056211Upward Expansion4844
2024-08-301.390.8219134.17449836Upward Expansion6361
2024-08-231.440.7849154.321456515Upward Expansion6666
2024-08-161.520.7461182.671019519Upward Expansion6870
2024-08-091.540.7043209.11876970Upward Expansion7189
2024-08-021.550.6613220.55695185Upward Expansion8093
2024-07-261.580.619246.591058246Upward Expansion9397
2024-07-191.540.5762258.702694047Upward Expansion9799
2024-07-121.300.5336223.403417315Upward Expansion9594
2024-07-050.96350.498157.94666205Upward Expansion8171
2024-06-280.96350.4731171.06783714Upward Expansion8670
2024-06-210.80930.4487137.25630789Upward Expansion7563
2024-06-140.71780.4286120.4174715Upward Expansion6160
2024-06-070.72260.4108125.5995114Upward Expansion6565
2024-05-310.74190.3939144.67162174Upward Expansion6767
2024-05-240.70820.3754141.37297843Upward Expansion6869
2024-05-170.79490.3581177.62484018Upward Expansion8875
2024-05-100.72740.3377167.27824642Upward Expansion8374
2024-05-030.75630.3197193.66535490Upward Expansion9898
2024-04-260.64070.3008161.86484724Upward Expansion9693
2024-04-190.57810.2855145.86642595Upward Expansion9797
2024-04-120.56850.2718142.871251474Upward Expansion10099
2024-04-050.42880.258989.561283650Upward Expansion9497
2024-03-290.38540.249871.28268152Upward Expansion8494
2024-03-220.37580.242472.62623130Upward Expansion8594
2024-03-150.36610.235373.3894183Upward Expansion8694
2024-03-080.35170.228465.47439479Upward Expansion8894
2024-03-010.33720.222163.15685043Upward Expansion8890
2024-02-230.31310.215855.771490306Upward Expansion8473
2024-02-160.2890.2145.44396845Upward Expansion7360
2024-02-090.26980.204637.4520069Upward Expansion6153
2024-02-020.27940.200242.7360701Upward Expansion7055
2024-01-260.26980.195541.8655107Upward Expansion6659
2024-01-190.2650.191342.979090Upward Expansion6564
2024-01-120.25050.187434.83143854Upward Expansion6883
2024-01-050.27940.183851.4584039Upward Expansion8192
2023-12-290.2890.179256.18456961Upward Expansion9496
2023-12-220.2650.175246.53415973Upward Expansion9193
2023-12-150.23120.171730.26359371Upward Expansion7978
2023-12-080.21680.169627.26114779Upward Expansion6858
2023-12-010.23120.167938.95332118Upward Expansion8868
2023-11-240.20720.165825.86296252Upward Expansion7356
2023-11-170.18310.163911.44106215Upward Expansion6253
2023-11-100.21680.163533.3593007Upward Expansion9385
2023-11-030.18790.16216.100Upward Expansion6873
2023-10-270.18790.161518.261026334Upward Expansion6876
2023-10-200.18310.160913.6129152Upward Expansion6581
Price vs TrendAbove+12.2%
Trend directionRising+25.6%
Price vs current Fair ValuePremium+192.7%
Fair Value directionMoving away-72.9%
Relative Strength vs benchmarkLeading+43.2%
Relative strength directionWeakening-31.8%
Price momentumPositive+78.6%
Volume balanceSupply-led0.98ร—
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

54 / ยฑ100

+43.6 points since 2026-09-11

Energy

58 /100

+46.9 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
Balance33
Rotation Up65
Upward Expansion83
Deceleration50
Rotation Down15
Downward Expansion16

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 7%Rotation Up 3%Upward Expansion 68%Deceleration 18%Rotation Down 5%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Upward Expansion2026-10-022026-10-09New-19.6%
Deceleration2026-07-242026-09-25Developing+22.6%
Upward Expansion2026-02-272026-07-17Established+90.0%
Deceleration2026-01-162026-02-20Developing+14.9%
Upward Expansion2025-12-122026-01-09Developing-5.9%
Deceleration2025-11-142025-12-05New+30.8%
Upward Expansion2025-08-152025-11-07Established+34.6%
Rotation Up2025-07-182025-08-08New+12.1%
Balance2025-05-302025-07-11Developing+16.3%
Rotation Down2025-04-112025-05-23Developing+3.3%
Balance2025-03-142025-04-04New-14.4%
Upward Expansion2024-11-082025-03-07Established+4.4%
Deceleration2024-09-132024-11-01Developing+30.9%
Upward Expansion2023-10-202024-09-06Extended+594.7%
Classic Stage Analysis comparison
Stage 1 ยท Basing2
Stage 2 ยท Advancing100
Stage 3 ยท Distribution69
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 ^AXJO

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
84/100
Current Relative Strength
43.21
Relative Strength direction
Weakening
Price momentum
+78.6%
Excess performance vs benchmark
+81.3%
Industrials regime cohort
48th percentile31 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume8.31ร—

Latest completed volume relative to typical participation.

Up/down volume0.98ร—

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 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+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 AUD 9.59rising
Slow Activity AUD 8.52rising
Trend Reference AUD 7.80+12.2% close margin
Current Fair Value AUD 2.99+192.7% close margin
Structural low AUD 4.74shock / 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 +15.0%
Annualized volatility +82.1%
From structural high -24.2%
From structural low +182.0%
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 ^AXJO Regime survived Read
Near term33+7.7%-21.9% to +76.9%+57.6%+57.6%+7.3%+75.8%Usable descriptive sample
Intermediate13+12.0%-23.9% to +166.7%+53.8%+53.8%+12.9%+46.2%Usable descriptive sample
Extended8+42.2%-30.8% to +215.8%+62.5%+62.5%+47.4%+25.0%Usable descriptive sample
Full cycle4+45.3%-19.1% to +637.7%+50.0%+50.0%+44.1%+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