Weekly structural research ยท NSI ยท Industrials

CONTROLPR Stage Analysis

Control Print Limited

Week ending 25 Sep 2026Close INR 591.80Tenure DevelopingBenchmark ^NSEI
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Downward Expansion ยท Early contraction

The weekly architecture is expanding downward.

Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation.

  • The Trend gate is down within the current regime.
  • Fast Activity versus Slow Activity: improving.
  • Activity structure: compressed and contracting.
Direction -36โˆ’100 bearish to +100 bullish
Energy 19/100directional strength
Maturity 40/100lifecycle context
Confidence 75/100evidence agreement
Trend gate Downstructural direction
Activity structure Compressedcontracting separation
Price acceptance -33.3%position within the Activity structure
Fair Value context -20.3%INR 742.71 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.
  • Downward ExpansionDowntrend is established.
View chart values ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-09-25591.80615.25-3.58110570Downward Expansion-3619
2026-09-18600.90617.50-3.39194934Downward Expansion-3820
2026-09-11588.70619.92-5.85149633Downward Expansion-5432
2026-09-04593.35621.57-7.48150879Downward Expansion-5536
2026-08-28598.20623.30-8.2331181Downward Expansion-6061
2026-08-21573.80624.57-12.6724591Downward Expansion-6673
2026-08-14584.65627.98-11.8928911Downward Expansion-6166
2026-08-07579.20630.40-13.8019716Balance-6360
2026-07-31572.50633.13-14.5416141Balance-6545
2026-07-24590.55637.02-9.9899847Balance-3318
2026-07-17650.25640.19-3.4821500Balance1221
2026-07-10645.45642.00-4.2225774Balance815
2026-07-03680.72644.530.31291176Balance26
2026-06-26634.11645.90-6.000Balance-4525
2026-06-19617.66649.85-8.5215416Balance-5243
2026-06-12599.73653.76-9.9929196Balance-5648
2026-06-05604.98658.36-8.5013583Balance-5437
2026-05-29610.35661.39-8.60137510Balance-4121
2026-05-22617.35665.57-8.38166587Balance-3716
2026-05-15630.40669.90-6.2890263Balance-1911
2026-05-08669.80673.60-2.49127600Balance-1516
2026-05-01636.80677.91-6.4248013Downward Expansion-2820
2026-04-24640.25683.88-5.44104371Downward Expansion-3416
2026-04-17672.85688.67-2.43206713Downward Expansion-3524
2026-04-10650.10691.53-4.50168449Downward Expansion-5943
2026-04-03573.45695.75-10.87152355Downward Expansion-7373
2026-03-27569.90702.57-11.90129990Downward Expansion-8073
2026-03-20622.55709.22-5.1082248Downward Expansion-6445
2026-03-13624.50714.15-5.0095484Downward Expansion-6541
2026-03-06632.75717.91-8.8860994Downward Expansion-6541
2026-02-27659.20721.30-7.98118145Downward Expansion-5537
2026-02-20673.55724.07-7.42151083Downward Expansion-5944
2026-02-13638.25725.78-11.9388442Downward Expansion-6653
2026-02-06645.05733.32-11.8771780Downward Expansion-6452
2026-01-30636.37739.49-11.94208827Downward Expansion-7060
2026-01-23676.02745.72-5.64140637Downward Expansion-6059
2026-01-16657.29749.07-10.6771138Downward Expansion-7071
2026-01-09661.16752.50-10.42103600Downward Expansion-7167
2026-01-02689.14755.26-9.23123380Downward Expansion-6256
2025-12-26685.81756.53-8.95112169Balance-6451
2025-12-19704.35757.16-6.4676896Balance-5529
2025-12-12721.39757.07-4.65124427Balance-5124
2025-12-05721.79753.69-5.1970969Balance-2415
2025-11-28752.65749.44-1.32138491Balance-2121
2025-11-21734.96744.90-3.18262643Balance-2635
2025-11-14737.84741.19-2.22384445Balance-1632
2025-11-07695.80738.04-6.2878697Balance-3236
2025-10-31735.80736.26-1.90103811Balance411
2025-10-24747.33731.94-0.6842896Upward Expansion2514
2025-10-17741.37727.86-1.38190177Upward Expansion3923
2025-10-10798.91724.787.85107169Upward Expansion5432
2025-10-03816.01718.5411.8890278Deceleration6235
2025-09-26784.05712.668.641251994Deceleration4426
2025-09-19758.71705.922.3757053Deceleration4026
2025-09-12776.60700.645.6082109Deceleration5332
2025-09-05778.14695.287.39122620Deceleration4425
2025-08-29769.15691.297.4439643Deceleration3719
2025-08-22770.44687.785.75116101Deceleration3422
2025-08-15737.34684.302.1947358Deceleration3226
2025-08-08734.46683.582.7894519Upward Expansion4124
2025-08-01742.51683.212.83239029Upward Expansion4837
2025-07-25724.67682.99-0.94731457Upward Expansion6453
2025-07-18864.51682.8817.17605641Upward Expansion8391
2025-07-11830.12677.3711.87196516Upward Expansion8189
2025-07-04823.36673.649.63221270Rotation Up8386
2025-06-27776.58670.352.59166438Rotation Up4971
2025-06-20759.95668.062.16525313Rotation Up4768
2025-06-13743.92665.441.28219897Rotation Up3660
2025-06-06727.44662.93-2.38191467Balance3144
2025-05-30704.60662.17-4.83854419Balance2119
2025-05-23701.79662.30-6.11147871Downward Expansion03
2025-05-16620.00665.21-17.9971212Downward Expansion-5031
2025-05-09594.20670.78-18.8265754Downward Expansion-6133
2025-05-02616.55677.39-17.7532323Downward Expansion-5325
2025-04-25623.45683.10-16.51123205Downward Expansion-4022
2025-04-18643.33689.59-13.9669334Downward Expansion-3922
2025-04-11642.49694.86-10.97132487Downward Expansion-4024
2025-04-04606.19699.66-16.91117671Downward Expansion-5334
2025-03-28624.98706.40-17.35207458Downward Expansion-4530
2025-03-21648.86711.51-14.29113048Downward Expansion-5841
2025-03-14611.71715.48-16.42131573Downward Expansion-6353
2025-03-07639.83721.17-13.86154829Downward Expansion-6572
2025-02-28581.57726.99-20.8854738Downward Expansion-8187
2025-02-21600.32735.03-21.38115858Downward Expansion-8082
2025-02-14615.86743.37-20.4859192Downward Expansion-7979
2025-02-07658.38749.26-17.8940925Downward Expansion-6765
2025-01-31664.00753.96-17.4781051Downward Expansion-6653
2025-01-24665.98759.13-16.50155209Downward Expansion-6533
2025-01-17715.89765.28-11.5078380Downward Expansion-3517
2025-01-10723.20768.92-12.27100366Downward Expansion-3519
2025-01-03736.05771.92-13.53120593Downward Expansion-3621
2024-12-27721.19774.32-15.31189252Downward Expansion-4025
2024-12-20699.36778.07-17.7379545Downward Expansion-4831
2024-12-13718.05781.91-20.2364263Downward Expansion-5538
2024-12-06724.77787.22-19.7992914Downward Expansion-6156
2024-11-29707.75792.65-20.42143002Downward Expansion-6471
2024-11-22681.56798.76-23.1152842Downward Expansion-7179
2024-11-15668.42806.57-23.9486509Downward Expansion-8179
2024-11-08704.86814.21-22.45142414Downward Expansion-7567
2024-11-01708.53821.33-23.07543692Downward Expansion-7553
2024-10-25788.97829.13-14.55112828Downward Expansion-4926
2024-10-18787.10833.06-17.5394597Downward Expansion-5023
2024-10-11792.40837.20-17.7585185Downward Expansion-3718
2024-10-04788.03840.61-18.6799842Downward Expansion-4020
2024-09-27818.10846.83-19.62145807Downward Expansion-3617
2024-09-20801.47849.69-20.31193931Downward Expansion-5129
2024-09-13786.56853.31-20.69196043Downward Expansion-5745
2024-09-06808.14856.68-17.11648721Downward Expansion-5754
2024-08-30778.47857.26-21.65279078Downward Expansion-6159
2024-08-23767.78863.70-21.77178887Downward Expansion-6750
2024-08-16782.39870.59-19.62130037Downward Expansion-6132
2024-08-09814.52878.75-15.93193663Downward Expansion-5228
2024-08-02822.85884.74-16.35163505Downward Expansion-5130
2024-07-26850.47890.73-14.05216334Downward Expansion-5233
2024-07-19792.54894.81-18.86188779Downward Expansion-6441
2024-07-12799.51900.85-18.01125603Downward Expansion-6439
2024-07-05818.96904.99-15.40127494Downward Expansion-5938
2024-06-28850.46906.92-10.95228736Downward Expansion-5745
2024-06-21825.20906.16-11.60197832Downward Expansion-6160
2024-06-14813.01906.60-12.62157328Downward Expansion-6670
2024-06-07808.33908.35-12.38337295Downward Expansion-6865
2024-05-31833.54908.96-6.53392151Balance-6259
2024-05-24814.52909.42-10.21207707Balance-4450
2024-05-17877.27910.25-0.95145926Balance-2730
2024-05-10887.95907.972.51101441Balance-2122
2024-05-03891.02904.201.3660870Balance77
2024-04-26915.83900.004.8891871Balance167
2024-04-19897.65893.964.5998617Deceleration95
2024-04-12918.37888.395.73110284Deceleration2611
2024-04-05942.55882.909.16176302Deceleration3012
2024-03-29906.67877.776.54153381Deceleration2412
2024-03-22911.30873.068.8475189Deceleration2814
2024-03-15894.97866.787.89214376Deceleration159
2024-03-08974.44860.6515.77326656Deceleration3215
2024-03-01903.84851.098.9874331Deceleration2023
2024-02-23910.32844.2511.16131904Deceleration2424
2024-02-16887.61835.3310.12270092Deceleration3024
2024-02-09825.44826.354.49427455Upward Expansion2320
2024-02-02971.75820.1723.43119083Upward Expansion6254
2024-01-26974.37808.7428.09298964Upward Expansion6661
2024-01-191,027.40797.1034.90130386Upward Expansion7882
2024-01-12994.18782.4430.7392053Upward Expansion7386
2024-01-051,002.49769.6934.76179079Upward Expansion8090
2023-12-29972.96756.8032.52180729Upward Expansion7886
2023-12-22973.50745.1136.80300341Upward Expansion8581
2023-12-15923.78731.6331.05335015Upward Expansion7959
2023-12-08876.96719.8328.92186031Upward Expansion7053
2023-12-01827.44710.0127.3586173Upward Expansion5947
2023-11-24838.60701.1333.70128307Upward Expansion6253
2023-11-17865.31691.7040.18189523Upward Expansion7473
2023-11-10826.80681.1137.91138700Upward Expansion6572
2023-11-03847.30671.0944.68234037Upward Expansion7677
2023-10-27839.28660.1646.63413217Upward Expansion7659
2023-10-20808.93648.9239.61281252Upward Expansion7353
2023-10-13774.80638.6133.85210263Upward Expansion6545
2023-10-06765.23628.6834.20115297Upward Expansion6547
Price vs TrendBelow-3.8%
Trend directionFalling-3.9%
Price vs current Fair ValueBelow anchor-20.3%
Fair Value directionMoving away-4.8%
Relative Strength vs benchmarkLagging-3.6%
Relative strength directionImproving+2.4%
Price momentumPositive+3.8%
Volume balanceDemand-led1.02ร—
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

-36 / ยฑ100

+23.5 points since 2026-08-28

Energy

19 /100

-41.5 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.

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance44
Rotation Up22
Upward Expansion13
Deceleration45
Rotation Down34
Downward Expansion61

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

2023-10-06 to 2026-09-25 ยท 156 classified observations out of 156 shown.

Balance 20%Rotation Up 3%Upward Expansion 17%Deceleration 12%Downward Expansion 49%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Downward Expansion2026-08-142026-09-25Developing+1.2%
Balance2026-05-082026-08-07Established-13.5%
Downward Expansion2026-01-022026-05-01Established-7.6%
Balance2025-10-312025-12-26Developing-6.8%
Upward Expansion2025-10-102025-10-24New-6.5%
Deceleration2025-08-152025-10-03Developing+10.7%
Upward Expansion2025-07-112025-08-08Developing-11.5%
Rotation Up2025-06-132025-07-04New+10.7%
Balance2025-05-302025-06-06New+3.2%
Downward Expansion2024-06-072025-05-23Extended-13.2%
Balance2024-04-262024-05-31Developing-9.0%
Deceleration2024-02-162024-04-19Developing+1.1%
Upward Expansion2023-03-242024-02-09Extended+65.2%
Rotation Up2023-02-172023-03-17Developing+8.8%
Classic Stage Analysis comparison
Stage 1 ยท Basing57
Stage 2 ยท Advancing19
Stage 3 ยท Distribution31
Stage 4 ยท Declining81

Legacy result: Stage 4 ยท Stage 4B ยท Declining. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^NSEI

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
64/100
Current Relative Strength
-3.58
Relative Strength direction
Improving
Price momentum
+3.8%
Excess performance vs benchmark
+2.4%
Industrials regime cohort
9th percentile136 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume1.37ร—

Latest completed volume relative to typical participation.

Up/down volume1.02ร—

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 4

Recent participation evidence classified by demand and supply.

Activity alignment+25.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

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 INR 594.24rising
Slow Activity INR 608.42falling
Trend Reference INR 615.25-3.8% close margin
Current Fair Value INR 742.71-20.3% close margin
Structural low INR 517.00shock / repair context
What changes the read?

Fan contraction and a persistent upward fast/slow rotation are required before the declining structure is considered repaired.

Range context +6.6%
Annualized volatility +31.4%
From structural high -28.2%
From structural low +14.5%
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 ^NSEI Regime survived Read
Near term22+0.6%-14.0% to +22.4%+54.5%+45.5%+1.5%+81.8%Usable descriptive sample
Intermediate8+4.2%-16.8% to +21.2%+50.0%+50.0%-0.1%+50.0%Usable descriptive sample
Extended5+0.4%-10.3% to +55.5%+60.0%+40.0%+6.6%+20.0%Usable descriptive sample
Full cycle3+24.1%-10.0% to +134.8%+66.7%+33.3%+22.8%+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.

Evidence context