Weekly structural research ยท ASX ยท Industrials

VNT Stage Analysis

Ventia Services Group Limited

Week ending 9 Oct 2026Close AUD 6.07Tenure NewBenchmark ^AXJO
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Rotation Up ยท Structural repair

The prior uptrend is attempting to re-accelerate.

Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set.

  • The Trend gate is up within the current regime.
  • Fast Activity versus Slow Activity: improving.
  • Activity structure: compressed and contracting.
  • Re-acceleration watch: Fast Activity is turning upward after a positive-structure recompression.
Direction 49โˆ’100 bearish to +100 bullish
Energy 44/100directional strength
Maturity 20/100lifecycle context
Confidence 60/100evidence agreement
Trend gate Upstructural direction
Activity structure Compressedcontracting separation
Price acceptance +66.7%position within the Activity structure
Fair Value context +35.5%AUD 4.48 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.
  • Downward ExpansionDowntrend is established.
View chart values ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-10-096.075.846.508191229Rotation Up4944
2026-10-026.125.818.157604074Rotation Down5342
2026-09-256.135.808.979265392Rotation Down3126
2026-09-186.005.796.2917467940Rotation Down813
2026-09-115.705.781.2313088962Rotation Down-2450
2026-09-045.605.76-3.283040868Rotation Down-2758
2026-08-285.465.74-6.462576861Rotation Down-4063
2026-08-215.455.75-6.191838692Deceleration-4454
2026-08-145.725.75-2.223934233Deceleration-726
2026-08-075.915.77-0.38983617Deceleration1527
2026-07-315.705.77-0.751425440Deceleration625
2026-07-245.835.784.001660978Deceleration2429
2026-07-175.965.786.421991849Upward Expansion4125
2026-07-105.955.776.451763485Upward Expansion5141
2026-07-036.165.7610.071930193Upward Expansion6671
2026-06-266.465.7516.942551281Upward Expansion6986
2026-06-196.595.7319.005850547Upward Expansion8391
2026-06-126.505.6918.361371468Upward Expansion8489
2026-06-056.235.6616.481172113Rotation Up7381
2026-05-296.215.6415.3119940004Rotation Up4065
2026-05-226.125.6215.2410190578Balance3651
2026-05-156.035.5914.4612247644Balance2826
2026-05-085.725.577.7214137958Balance-2110
2026-05-015.425.552.617991573Balance-5134
2026-04-245.375.541.389508042Balance-5550
2026-04-175.185.53-3.6416286744Balance-3544
2026-04-105.235.52-2.6515050558Balance-3137
2026-04-035.225.521.6911533218Balance-3130
2026-03-275.485.527.878031353Deceleration1910
2026-03-205.535.5110.5216314829Deceleration2515
2026-03-135.465.517.276839719Deceleration2013
2026-03-065.675.508.928444092Deceleration169
2026-02-275.865.488.8512680331Deceleration2022
2026-02-205.575.455.2410132446Deceleration-1527
2026-02-135.145.43-0.6910860323Rotation Down-2934
2026-02-065.055.430.4715731445Rotation Down111
2026-01-305.665.4211.087144595Upward Expansion4734
2026-01-235.705.4012.999474041Upward Expansion6148
2026-01-166.235.3723.7510187520Upward Expansion8378
2026-01-095.955.3221.817041772Upward Expansion7161
2026-01-025.885.2821.413064993Upward Expansion6957
2025-12-265.865.2421.633713036Upward Expansion6957
2025-12-195.735.2022.0312202952Upward Expansion6457
2025-12-125.675.1620.798202974Upward Expansion6149
2025-12-055.765.1224.619219843Upward Expansion6959
2025-11-285.775.0726.0015901342Upward Expansion7363
2025-11-215.465.0222.7011888409Upward Expansion6365
2025-11-145.674.9724.729831333Upward Expansion7476
2025-11-075.604.9221.8810245065Upward Expansion7168
2025-10-315.614.8621.068786146Upward Expansion7664
2025-10-245.274.8112.6012170888Upward Expansion5739
2025-10-175.354.7614.8412331280Deceleration6338
2025-10-105.274.7213.9319537509Deceleration4825
2025-10-035.134.6710.657777304Deceleration3720
2025-09-264.994.6310.357204520Deceleration3720
2025-09-194.964.6010.0811090665Upward Expansion4432
2025-09-125.204.5714.3016756994Upward Expansion6150
2025-09-055.094.5112.185772790Upward Expansion6661
2025-08-295.324.4716.337595780Upward Expansion7568
2025-08-225.324.4116.7013871557Upward Expansion8170
2025-08-155.284.3516.6411115444Upward Expansion8368
2025-08-085.044.2913.366855442Upward Expansion7266
2025-08-015.034.2315.365883895Upward Expansion7367
2025-07-254.874.1812.166940404Upward Expansion6765
2025-07-185.074.1315.706959680Upward Expansion8378
2025-07-114.914.0714.949307422Upward Expansion7378
2025-07-044.904.0314.8311759154Upward Expansion7782
2025-06-274.923.9916.9610640743Upward Expansion8588
2025-06-204.803.9714.6714666699Upward Expansion8288
2025-06-134.703.9612.278064058Upward Expansion7991
2025-06-064.663.9412.247585860Upward Expansion8091
2025-05-304.543.9310.808147618Upward Expansion7490
2025-05-234.603.9213.699802220Upward Expansion8794
2025-05-164.463.9111.1610335676Rotation Up8184
2025-05-094.453.9112.9810900354Rotation Up5969
2025-05-024.163.916.0719621337Rotation Up4237
2025-04-254.033.916.415521567Rotation Up3327
2025-04-184.013.928.2011900976Rotation Up2121
2025-04-113.953.929.3719178782Rotation Up1720
2025-04-043.973.939.9413765376Rotation Up2234
2025-03-283.943.935.168912226Rotation Up2143
2025-03-213.963.936.5613902607Balance2447
2025-03-143.903.937.1114948227Balance329
2025-03-073.913.945.4210379535Balance-221
2025-02-284.043.945.9711903612Balance-318
2025-02-214.013.933.8911709976Downward Expansion-1317
2025-02-143.573.93-10.167283061Downward Expansion-4027
2025-02-073.623.94-8.378139761Downward Expansion-4333
2025-01-313.573.94-9.607800654Downward Expansion-4943
2025-01-243.593.95-7.637830024Downward Expansion-6254
2025-01-173.453.94-9.987076399Downward Expansion-6579
2025-01-103.403.95-10.8810008550Rotation Down-6887
2025-01-033.403.95-10.514030894Rotation Down-4580
2024-12-273.403.95-10.253895466Rotation Down-5177
2024-12-203.353.94-9.4328934833Rotation Down-4958
2024-12-133.453.94-9.0344357227Rotation Down-4340
2024-12-063.983.933.7014634015Upward Expansion1613
2024-11-294.263.9111.028441812Upward Expansion4740
2024-11-224.303.8813.408022912Upward Expansion5947
2024-11-154.373.8517.386298874Upward Expansion6650
2024-11-084.343.8217.368550112Upward Expansion6550
2024-11-014.253.7918.239628407Upward Expansion6252
2024-10-254.283.7618.817156472Upward Expansion6456
2024-10-184.333.7319.906642239Upward Expansion7169
2024-10-114.353.7122.305477103Upward Expansion7782
2024-10-044.233.6820.789601309Upward Expansion6877
2024-09-274.273.6621.8510815582Upward Expansion7679
2024-09-204.263.6322.5211560830Upward Expansion8067
2024-09-134.123.6021.298393605Upward Expansion7358
2024-09-064.043.5621.0911073097Upward Expansion6957
2024-08-303.963.5218.3611679260Upward Expansion6556
2024-08-234.023.4922.0713744937Upward Expansion7361
2024-08-164.043.4524.4715831867Upward Expansion8274
2024-08-093.883.4123.648229368Upward Expansion6977
2024-08-023.903.3722.5810112573Upward Expansion7789
2024-07-263.873.3322.957890606Upward Expansion8190
2024-07-193.833.3021.9011736600Upward Expansion8388
2024-07-123.813.2622.038890254Upward Expansion8787
2024-07-053.633.2219.1810433028Upward Expansion7574
2024-06-283.513.1916.3711351388Upward Expansion6260
2024-06-213.613.1720.0916353647Deceleration6853
2024-06-143.423.1315.4110925884Deceleration4629
2024-06-073.383.1012.5411678479Deceleration2516
2024-05-313.293.0712.609426417Deceleration1718
2024-05-243.263.0411.559173065Deceleration2019
2024-05-173.253.0110.537488263Deceleration3222
2024-05-103.312.9914.217774390Deceleration3724
2024-05-033.352.9617.908223512Deceleration4031
2024-04-263.342.9319.197227532Upward Expansion4539
2024-04-193.352.9020.4711054975Upward Expansion5050
2024-04-123.432.8720.798502016Upward Expansion6463
2024-04-053.462.8422.8117813332Upward Expansion6666
2024-03-293.522.8023.9915727039Upward Expansion6875
2024-03-223.532.7727.2021832914Upward Expansion7290
2024-03-153.522.7329.5514283268Upward Expansion7993
2024-03-083.552.6928.7415737986Upward Expansion9397
2024-03-013.482.6528.9828981330Upward Expansion9798
2024-02-233.402.6229.0826976083Upward Expansion9893
2024-02-162.932.5912.038876713Upward Expansion7868
2024-02-092.892.5811.489688572Upward Expansion7666
2024-02-022.902.5711.6910757040Upward Expansion8468
2024-01-262.802.5610.656954643Upward Expansion6964
2024-01-192.792.5512.978521314Upward Expansion6981
2024-01-122.792.5412.486842401Upward Expansion7386
2024-01-052.792.5313.247130619Upward Expansion7790
2023-12-292.802.5112.644369247Upward Expansion8492
2023-12-222.722.5011.2617055284Upward Expansion7586
2023-12-152.702.4811.9131508560Upward Expansion7584
2023-12-082.702.4715.8322390222Upward Expansion7980
2023-12-012.692.4618.0229065754Balance7867
2023-11-242.562.4513.5615600767Balance5129
2023-11-172.492.4410.6816432699Balance2811
2023-11-102.412.438.6028348410Balance198
2023-11-032.462.4311.3088070384Deceleration4321
2023-10-272.462.4214.0111259017Deceleration3518
2023-10-202.502.4114.6015740315Deceleration4125
Price vs TrendAbove+4.0%
Trend directionRising+1.1%
Price vs current Fair ValuePremium+35.5%
Fair Value directionMoving away-6.2%
Relative Strength vs benchmarkLeading+6.5%
Relative strength directionImproving+0.1%
Price momentumPositive+16.1%
Volume balanceDemand-led1.96ร—
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

49 / ยฑ100

+73.3 points since 2026-09-11

Energy

44 /100

-6.0 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.

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance39
Rotation Up72
Upward Expansion71
Deceleration61
Rotation Down6
Downward Expansion10

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 10%Rotation Up 7%Upward Expansion 54%Deceleration 17%Rotation Down 8%Downward Expansion 4%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Rotation Up2026-10-092026-10-09New+0.0%
Rotation Down2026-08-282026-10-02Developing+12.1%
Deceleration2026-07-242026-08-21Developing-6.4%
Upward Expansion2026-06-122026-07-17Developing-8.3%
Rotation Up2026-05-292026-06-05New+0.3%
Balance2026-04-032026-05-22Developing+17.2%
Deceleration2026-02-202026-03-27Developing-1.6%
Rotation Down2026-02-062026-02-13New+1.7%
Upward Expansion2025-10-242026-01-30Established+7.2%
Deceleration2025-09-262025-10-17New+7.3%
Upward Expansion2025-05-232025-09-19Established+7.9%
Rotation Up2025-03-282025-05-16Developing+13.1%
Balance2025-02-282025-03-21New-1.9%
Downward Expansion2025-01-172025-02-21Developing+16.3%
Classic Stage Analysis comparison
Stage 1 ยท Basing30
Stage 2 ยท Advancing87
Stage 3 ยท Distribution80
Stage 4 ยท Declining13

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 ^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
85/100
Current Relative Strength
6.50
Relative Strength direction
Improving
Price momentum
+16.1%
Excess performance vs benchmark
+18.8%
Industrials regime cohort
27th percentile11 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume1.52ร—

Latest completed volume relative to typical participation.

Up/down volume1.96ร—

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 2

Recent participation evidence classified by demand and supply.

Activity alignment+75.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

Current relationship between Fast Activity and Slow Activity.

Structure stability+37.5%

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 AUD 6.06rising
Slow Activity AUD 5.91rising
Trend Reference AUD 5.84+4.0% close margin
Current Fair Value AUD 4.48+35.5% close margin
Structural low AUD 4.91shock / repair context
What changes the read?

Full positive ordering with expanding width confirms Upward Expansion. Loss of the fast/slow repair and renewed downside acceptance cancels it.

Range context +3.8%
Annualized volatility +21.2%
From structural high -9.4%
From structural low +23.6%
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 term3+4.0%+2.2% to +14.0%+100.0%+100.0%+3.7%+33.3%Too little matched history
Intermediate2+6.4%-12.1% to +24.8%+50.0%+50.0%+1.0%+0.0%Too little matched history
Extended1+26.5%+26.5% to +26.5%+100.0%+100.0%+16.4%+0.0%Too little matched history
Full cycle1+39.0%+39.0% to +39.0%+100.0%+100.0%+32.3%+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