Weekly structural research · VIE · Consumer Defensive

BIO Stage Analysis

Biogena Group Invest AG

Week ending 9 Oct 2026Close EUR 5.15Tenure EstablishedBenchmark ^ATX

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Upward Expansion · Established 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: weakening.
Activity structure: wide and contracting.

Direction 59−100 bearish to +100 bullish

Energy 50/100directional strength

Maturity 100/100lifecycle context

Confidence 70/100evidence agreement

Trend gate Upstructural direction

Activity structure Widecontracting separation

Price acceptance +50.0%position within the Activity structure

Fair Value context +103.8%EUR 2.53 · improving

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	5.15	4.14	27.36	3272	Upward Expansion	59	50
2026-10-02	5.20	4.07	25.91	5321	Upward Expansion	62	58
2026-09-25	5.25	4.00	23.67	13029	Upward Expansion	64	63
2026-09-18	5.35	3.93	29.18	19350	Upward Expansion	70	66
2026-09-11	5.30	3.85	27.01	26705	Upward Expansion	69	63
2026-09-04	5.35	3.77	29.30	2646	Upward Expansion	76	65
2026-08-28	5.05	3.69	23.93	571	Upward Expansion	64	64
2026-08-21	4.98	3.62	25.39	1704	Upward Expansion	67	73
2026-08-14	4.96	3.56	23.49	16830	Upward Expansion	68	85
2026-08-07	5.30	3.49	34.05	2926	Upward Expansion	78	92
2026-07-31	5.35	3.42	40.25	2257	Upward Expansion	88	95
2026-07-24	5.35	3.34	41.24	11115	Upward Expansion	95	97
2026-07-17	4.70	3.25	26.92	19967	Upward Expansion	84	94
2026-07-10	4.44	3.20	18.27	11466	Upward Expansion	80	93
2026-07-03	4.40	3.14	16.05	16978	Upward Expansion	88	95
2026-06-26	4.20	3.10	13.64	10204	Upward Expansion	90	93
2026-06-19	4.34	3.06	15.44	11590	Upward Expansion	92	87
2026-06-12	3.32	3.01	-7.74	9074	Balance	66	57
2026-06-05	3.16	2.99	-9.69	1755	Balance	54	39
2026-05-29	3.06	2.99	-13.51	6918	Balance	41	22
2026-05-22	3.12	2.99	-9.27	16153	Balance	47	22
2026-05-15	2.96	2.98	-11.81	14527	Balance	10	5
2026-05-08	2.96	2.98	-11.79	34878	Balance	11	6
2026-05-01	3.06	2.97	-7.11	5005	Balance	37	15
2026-04-24	2.98	2.97	-8.58	7236	Balance	15	8
2026-04-17	2.94	2.97	-12.67	11385	Balance	19	10
2026-04-10	3.01	2.96	-8.19	6121	Upward Expansion	36	17
2026-04-03	3.05	2.96	-0.74	952	Upward Expansion	54	26
2026-03-27	2.99	2.96	1.19	7428	Upward Expansion	37	20
2026-03-20	3.01	2.96	3.91	6025	Upward Expansion	50	27
2026-03-13	3.03	2.96	3.93	3863	Upward Expansion	55	38
2026-03-06	3.03	2.96	1.89	5324	Upward Expansion	56	40
2026-02-27	3.01	2.95	-3.50	3625	Upward Expansion	53	38
2026-02-20	3.03	2.95	-4.20	5436	Upward Expansion	58	43
2026-02-13	3.01	2.93	-1.34	4953	Upward Expansion	54	40
2026-02-06	3.01	2.92	-1.59	15937	Upward Expansion	54	39
2026-01-30	2.99	2.91	-0.76	5741	Upward Expansion	51	36
2026-01-23	3.01	2.90	1.96	4465	Upward Expansion	52	32
2026-01-16	2.97	2.89	1.95	11337	Upward Expansion	46	21
2026-01-09	2.97	2.88	3.61	12676	Upward Expansion	46	19
2026-01-02	2.95	2.86	4.25	973	Upward Expansion	35	15
2025-12-26	2.91	2.84	5.23	3000	Upward Expansion	32	14
2025-12-19	2.93	2.81	6.82	4704	Upward Expansion	43	20
2025-12-12	2.93	2.78	10.21	1340	Upward Expansion	44	21
2025-12-05	2.95	2.74	12.17	2791	Upward Expansion	47	23
2025-11-28	2.97	2.70	15.26	2994	Upward Expansion	49	26
2025-11-21	2.91	2.65	18.83	7501	Upward Expansion	46	28
2025-11-14	2.89	2.62	17.19	7970	Upward Expansion	47	28
2025-11-07	2.99	2.58	24.48	3053	Deceleration	54	33
2025-10-31	3.05	2.54	26.18	24442	Deceleration	63	35
2025-10-24	2.79	2.49	20.10	3147	Deceleration	35	21
2025-10-17	2.91	2.45	28.47	21970	Deceleration	40	29
2025-10-10	2.89	2.41	26.26	14307	Deceleration	42	32
2025-10-03	2.85	2.37	23.13	7553	Deceleration	44	34
2025-09-26	2.99	2.33	33.04	17189	Upward Expansion	52	40
2025-09-19	2.89	2.29	30.37	7316	Upward Expansion	59	48
2025-09-12	2.91	2.25	31.79	8977	Upward Expansion	62	55
2025-09-05	2.89	2.20	33.19	16799	Upward Expansion	65	67
2025-08-29	3.07	2.16	41.54	14846	Upward Expansion	73	77
2025-08-22	3.01	2.11	34.87	10849	Upward Expansion	71	61
2025-08-15	3.01	2.06	33.99	19579	Upward Expansion	75	59
2025-08-08	2.87	2.02	32.00	15634	Upward Expansion	71	55
2025-08-01	2.77	1.98	35.70	40394	Upward Expansion	68	56
2025-07-25	2.62	1.94	25.26	49525	Upward Expansion	64	60
2025-07-18	2.64	1.90	29.07	38077	Upward Expansion	67	69
2025-07-11	2.73	1.86	34.63	32491	Upward Expansion	72	88
2025-07-04	2.81	1.82	42.39	18931	Upward Expansion	84	94
2025-06-27	2.68	1.78	35.33	14232	Upward Expansion	84	94
2025-06-20	2.66	1.74	37.59	12201	Upward Expansion	90	95
2025-06-13	2.34	1.70	21.33	13980	Upward Expansion	81	87
2025-06-06	2.38	1.68	20.80	15290	Upward Expansion	90	85
2025-05-30	2.07	1.65	5.46	21384	Upward Expansion	81	59
2025-05-23	1.82	1.64	-6.48	15000	Upward Expansion	61	34
2025-05-16	1.68	1.62	-15.10	2535	Upward Expansion	51	31
2025-05-09	1.75	1.62	-9.54	4710	Upward Expansion	53	37
2025-05-02	1.76	1.61	-5.45	2824	Upward Expansion	58	47
2025-04-25	1.80	1.60	-2.56	4155	Upward Expansion	65	47
2025-04-18	1.69	1.59	-5.59	4776	Upward Expansion	50	36
2025-04-11	1.73	1.59	1.11	2051	Upward Expansion	62	42
2025-04-04	1.66	1.59	-4.40	4354	Upward Expansion	49	27
2025-03-28	1.70	1.59	-12.25	2340	Upward Expansion	57	38
2025-03-21	1.65	1.59	-17.36	4066	Upward Expansion	50	38
2025-03-14	1.66	1.60	-17.93	3533	Upward Expansion	27	39
2025-03-07	1.68	1.60	-17.02	6960	Balance	28	36
2025-02-28	1.66	1.60	-15.75	3866	Balance	23	21
2025-02-21	1.70	1.61	-11.40	10105	Balance	31	15
2025-02-14	1.60	1.62	-17.78	4958	Balance	-22	10
2025-02-07	1.61	1.62	-13.17	3390	Balance	-9	9
2025-01-31	1.52	1.63	-17.76	2162	Balance	-16	16
2025-01-24	1.65	1.63	-10.99	0	Balance	13	23
2025-01-17	1.66	1.64	-9.31	100	Balance	-7	16
2025-01-10	1.68	1.64	-4.75	30938	Balance	-6	8
2025-01-03	1.70	1.65	-3.99	7653	Downward Expansion	-30	19
2024-12-27	1.44	1.65	-18.99	1500	Downward Expansion	-58	53
2024-12-20	1.44	1.67	-18.06	13016	Downward Expansion	-58	44
2024-12-13	1.44	1.69	-20.54	13497	Downward Expansion	-58	36
2024-12-06	1.47	1.71	-17.91	4390	Downward Expansion	-48	27
2024-11-29	1.58	1.73	-11.55	0	Downward Expansion	-34	18
2024-11-22	1.57	1.75	-12.50	650	Downward Expansion	-37	19
2024-11-15	1.53	1.76	-15.90	5946	Downward Expansion	-42	23
2024-11-08	1.74	1.78	-5.02	14389	Downward Expansion	-34	23
2024-11-01	1.47	1.79	-19.73	2312	Downward Expansion	-63	45
2024-10-25	1.50	1.81	-20.31	3835	Downward Expansion	-62	59
2024-10-18	1.51	1.82	-21.70	722	Downward Expansion	-61	58
2024-10-11	1.53	1.84	-21.33	6085	Downward Expansion	-61	67
2024-10-04	1.40	1.84	-28.90	15295	Downward Expansion	-79	75
2024-09-27	1.65	1.84	-18.16	18648	Downward Expansion	-56	54
2024-09-20	1.52	1.84	-24.46	10698	Balance	-75	59
2024-09-13	1.68	1.84	-17.00	360	Balance	-60	30
2024-09-06	1.81	1.84	-11.15	7886	Balance	-9	10
2024-08-30	1.78	1.84	-16.81	2660	Deceleration	-21	19
2024-08-23	1.80	1.83	-15.80	19355	Deceleration	-15	16
2024-08-16	1.76	1.84	-16.73	839	Deceleration	-27	19
2024-08-09	1.74	1.83	-16.81	6895	Deceleration	-33	23
2024-08-02	1.81	1.84	-13.52	17914	Deceleration	-15	17
2024-07-26	1.88	1.84	-14.55	8066	Rotation Down	-20	32
2024-07-19	1.72	1.84	-22.12	1210	Rotation Down	-35	60
2024-07-12	1.79	1.86	-20.62	5600	Rotation Down	-24	51
2024-07-05	1.76	1.87	-22.70	3990	Rotation Down	-28	47
2024-06-28	1.79	1.88	-20.03	0	Balance	-22	32
2024-06-21	1.78	1.89	-20.75	1474	Balance	-12	18
2024-06-14	1.88	1.90	-15.90	100	Balance	-4	8
2024-06-07	1.88	1.91	-19.36	1646	Balance	0	7
2024-05-31	1.99	1.92	-15.76	4000	Balance	11	11
2024-05-24	2.05	1.93	-15.30	16	Rotation Up	16	16
2024-05-17	1.93	1.94	-20.71	4280	Rotation Up	25	21
2024-05-10	2.07	1.95	-14.45	172	Rotation Up	22	30
2024-05-03	2.07	1.96	-12.74	623	Rotation Up	24	41
2024-04-26	2.09	1.97	-11.41	159	Rotation Up	28	40
2024-04-19	2.12	1.98	-10.03	11818	Rotation Up	30	35
2024-04-12	2.01	1.98	-15.72	17782	Downward Expansion	4	28
2024-04-05	1.94	2.00	-19.26	14637	Downward Expansion	-13	25
2024-03-29	1.94	2.01	-19.13	3997	Rotation Up	-23	20
2024-03-22	2.17	2.03	-9.35	31015	Rotation Up	-20	24
2024-03-15	1.49	2.03	-36.48	393	Downward Expansion	-71	81
2024-03-08	1.44	2.05	-38.57	6012	Downward Expansion	-80	79
2024-03-01	1.55	2.08	-34.66	1150	Downward Expansion	-72	71
2024-02-23	1.61	2.11	-32.38	647	Downward Expansion	-69	72
2024-02-16	1.57	2.14	-35.23	3592	Downward Expansion	-79	77
2024-02-09	1.66	2.17	-30.82	3952	Downward Expansion	-75	79
2024-02-02	1.74	2.20	-29.93	7529	Downward Expansion	-72	77
2024-01-26	1.83	2.22	-27.00	9162	Downward Expansion	-65	73
2024-01-19	1.70	2.24	-30.51	8238	Downward Expansion	-82	83
2024-01-12	1.87	2.27	-25.34	8900	Downward Expansion	-74	67
2024-01-05	1.98	2.29	-21.98	1585	Downward Expansion	-64	43
2023-12-29	1.93	2.30	-24.70	13117	Downward Expansion	-75	49
2023-12-22	2.08	2.32	-18.57	1523	Downward Expansion	-64	42
2023-12-15	2.32	2.33	-8.37	12497	Downward Expansion	-50	42
2023-12-08	1.96	2.34	-21.61	15642	Downward Expansion	-83	81
2023-12-01	2.06	2.36	-18.12	1863	Downward Expansion	-81	77
2023-11-24	2.17	2.37	-12.19	522	Downward Expansion	-63	51
2023-11-17	2.17	2.38	-12.95	3850	Downward Expansion	-65	52
2023-11-10	2.21	2.39	-9.45	1447	Downward Expansion	-64	54
2023-11-03	2.30	2.41	-4.97	1899	Downward Expansion	-54	48
2023-10-27	2.23	2.42	-2.83	141	Downward Expansion	-62	50
2023-10-20	2.23	2.43	-3.10	310	Downward Expansion	-64	39

Price vs TrendAbove+24.3%

Trend directionRising+21.3%

Price vs current Fair ValuePremium+103.8%

Fair Value directionClosing upward+10.1%

Relative Strength vs benchmarkLeading+27.4%

Relative strength directionImproving+9.1%

Price momentumPositive+71.1%

Volume balanceSupply-led0.81×

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

59 / ±100

-10.1 points since 2026-09-11

Energy

50 /100

-13.0 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.

BIO Directional State ↗ BIO Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance15

Rotation Up44

Upward Expansion80

Deceleration71

Rotation Down29

Downward Expansion9

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 17%Rotation Up 5%Upward Expansion 44%Deceleration 7%Rotation Down 3%Downward Expansion 25%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Upward Expansion	2026-06-19	2026-10-09	Established	+18.7%
Balance	2026-04-17	2026-06-12	Developing	+12.9%
Upward Expansion	2025-11-14	2026-04-10	Established	+4.1%
Deceleration	2025-10-03	2025-11-07	Developing	+4.8%
Upward Expansion	2025-03-14	2025-09-26	Extended	+79.6%
Balance	2025-01-10	2025-03-07	Developing	+0.0%
Downward Expansion	2024-09-27	2025-01-03	Established	+3.5%
Balance	2024-09-06	2024-09-20	New	-15.9%
Deceleration	2024-08-02	2024-08-30	Developing	-1.6%
Rotation Down	2024-07-05	2024-07-26	New	+6.5%
Balance	2024-05-31	2024-06-28	Developing	-10.1%
Rotation Up	2024-04-19	2024-05-24	Developing	-3.6%
Downward Expansion	2024-04-05	2024-04-12	New	+3.3%
Rotation Up	2024-03-22	2024-03-29	New	-10.4%

Classic Stage Analysis comparison

Stage 1 · Basing18

Stage 2 · Advancing100

Stage 3 · Distribution52

Stage 4 · Declining0

Legacy result: Stage 2 · Stage 2B · Advancing. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^ATX

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: 81/100
Current Relative Strength: 27.36
Relative Strength direction: Improving
Price momentum: +71.1%
Excess performance vs benchmark: +58.5%
Consumer Defensive regime cohort: 43th percentile7 in cohort

Test BIO trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.34×

Latest completed volume relative to typical participation.

Up/down volume0.81×

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 3

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+0.0%

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.

Explore BIO Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity EUR 5.22rising

Slow Activity EUR 4.66rising

Trend Reference EUR 4.14+24.3% close margin

Current Fair Value EUR 2.53+103.8% close margin

Structural low EUR 2.50shock / 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 +6.6%

Annualized volatility +45.2%

From structural high -7.2%

From structural low +106.0%

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 move	Positive periods	Directional follow-through	Median excess vs ^ATX	Regime survived	Read
Near term	21	+1.3%-6.6% to +36.0%	+76.2%	+76.2%	-0.3%	+85.7%	Usable descriptive sample
Intermediate	7	+9.6%+0.7% to +40.6%	+100.0%	+100.0%	+6.7%	+71.4%	Usable descriptive sample
Extended	4	+39.5%-1.2% to +74.9%	+75.0%	+75.0%	+22.8%	+75.0%	Too little matched history
Full cycle	2	+33.4%-15.1% to +82.0%	+50.0%	+50.0%	+17.9%	+50.0%	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.

BIO Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding upward.

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

Leading 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 weekly architecture is expanding upward.

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 ?

Leading 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