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: wide and expanding.
Direction
-59โ100 bearish to +100 bullishEnergy
47/100directional strengthMaturity
10/100lifecycle contextConfidence
93/100evidence agreementTrend gate
Downstructural directionActivity structure
Wideexpanding separationPrice acceptance
-83.3%position within the Activity structureFair Value context
+9.8%EUR 148.19 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.
CloseActivity LinesTrendCurrent Fair Value
Background stage key
Downward ExpansionDowntrend is established.
View chart values ยท 82 observations
Week
Close
Trend
Relative Strength
Volume
Regime
Direction
Energy
2026-10-09
162.70
168.35
-9.65
49
Downward Expansion
-59
47
2026-10-02
156.30
168.49
-15.94
324
Downward Expansion
-73
63
2026-09-25
161.70
168.34
-16.30
51
Downward Expansion
-60
49
2026-09-18
160.60
โ
โ
116
Not yet classified
โ
โ
2026-09-11
162.50
โ
โ
57
Not yet classified
โ
โ
2026-09-04
162.40
โ
โ
0
Not yet classified
โ
โ
2026-08-28
166.70
โ
โ
0
Not yet classified
โ
โ
2026-08-21
159.60
โ
โ
0
Not yet classified
โ
โ
2026-08-14
164.90
โ
โ
55
Not yet classified
โ
โ
2026-08-07
160.10
โ
โ
0
Not yet classified
โ
โ
2026-07-31
158.50
โ
โ
0
Not yet classified
โ
โ
2026-07-24
176.90
โ
โ
58
Not yet classified
โ
โ
2026-07-17
173.50
โ
โ
51
Not yet classified
โ
โ
2026-07-10
169.70
โ
โ
273
Not yet classified
โ
โ
2026-07-03
175.00
โ
โ
116
Not yet classified
โ
โ
2026-06-26
170.20
โ
โ
10
Not yet classified
โ
โ
2026-06-19
186.60
โ
โ
30
Not yet classified
โ
โ
2026-06-12
189.70
โ
โ
57
Not yet classified
โ
โ
2026-06-05
172.60
โ
โ
0
Not yet classified
โ
โ
2026-05-29
186.90
โ
โ
563
Not yet classified
โ
โ
2026-05-22
165.50
โ
โ
733
Not yet classified
โ
โ
2026-05-15
165.80
โ
โ
167
Not yet classified
โ
โ
2026-05-08
159.60
โ
โ
56
Not yet classified
โ
โ
2026-05-01
163.57
โ
โ
0
Not yet classified
โ
โ
2026-04-24
171.08
โ
โ
0
Not yet classified
โ
โ
2026-04-17
178.28
โ
โ
250
Not yet classified
โ
โ
2026-04-10
170.19
โ
โ
333
Not yet classified
โ
โ
2026-04-03
180.85
โ
โ
10
Not yet classified
โ
โ
2026-03-27
160.12
โ
โ
0
Not yet classified
โ
โ
2026-03-20
158.34
โ
โ
306
Not yet classified
โ
โ
2026-03-13
166.83
โ
โ
0
Not yet classified
โ
โ
2026-03-06
151.83
โ
โ
15
Not yet classified
โ
โ
2026-02-27
146.50
โ
โ
25
Not yet classified
โ
โ
2026-02-20
154.79
โ
โ
0
Not yet classified
โ
โ
2026-02-13
142.75
โ
โ
0
Not yet classified
โ
โ
2026-02-06
142.35
โ
โ
0
Not yet classified
โ
โ
2026-01-30
151.04
โ
โ
0
Not yet classified
โ
โ
2026-01-23
155.97
โ
โ
0
Not yet classified
โ
โ
2026-01-16
158.93
โ
โ
0
Not yet classified
โ
โ
2026-01-09
165.06
โ
โ
51
Not yet classified
โ
โ
2026-01-02
154.20
โ
โ
0
Not yet classified
โ
โ
2025-12-26
142.75
โ
โ
0
Not yet classified
โ
โ
2025-12-19
137.61
โ
โ
0
Not yet classified
โ
โ
2025-12-12
134.06
โ
โ
0
Not yet classified
โ
โ
2025-12-05
142.35
โ
โ
0
Not yet classified
โ
โ
2025-11-28
127.94
โ
โ
79
Not yet classified
โ
โ
2025-11-21
125.96
โ
โ
0
Not yet classified
โ
โ
2025-11-14
128.53
โ
โ
0
Not yet classified
โ
โ
2025-11-07
138.01
โ
โ
0
Not yet classified
โ
โ
2025-10-31
160.12
โ
โ
0
Not yet classified
โ
โ
2025-10-24
154.59
โ
โ
0
Not yet classified
โ
โ
2025-10-17
151.83
โ
โ
50
Not yet classified
โ
โ
2025-10-10
154.39
โ
โ
0
Not yet classified
โ
โ
2025-10-03
146.69
โ
โ
10
Not yet classified
โ
โ
2025-09-26
140.77
โ
โ
0
Not yet classified
โ
โ
2025-09-19
140.77
โ
โ
0
Not yet classified
โ
โ
2025-09-12
139.98
โ
โ
0
Not yet classified
โ
โ
2025-09-05
134.45
โ
โ
57
Not yet classified
โ
โ
2025-08-29
142.75
โ
โ
0
Not yet classified
โ
โ
2025-08-22
140.97
โ
โ
114
Not yet classified
โ
โ
2025-08-15
146.89
โ
โ
35
Not yet classified
โ
โ
2025-08-08
148.67
โ
โ
227
Not yet classified
โ
โ
2025-08-01
148.87
โ
โ
113
Not yet classified
โ
โ
2025-07-25
148.08
โ
โ
57
Not yet classified
โ
โ
2025-07-18
156.37
โ
โ
0
Not yet classified
โ
โ
2025-07-11
144.13
โ
โ
0
Not yet classified
โ
โ
2025-07-04
135.05
โ
โ
3
Not yet classified
โ
โ
2025-06-27
132.08
โ
โ
0
Not yet classified
โ
โ
2025-06-20
129.71
โ
โ
85
Not yet classified
โ
โ
2025-06-13
127.94
โ
โ
0
Not yet classified
โ
โ
2025-06-06
128.73
โ
โ
0
Not yet classified
โ
โ
2025-05-30
122.01
โ
โ
0
Not yet classified
โ
โ
2025-05-23
116.49
โ
โ
312
Not yet classified
โ
โ
2025-05-16
121.42
โ
โ
69
Not yet classified
โ
โ
2025-05-09
125.77
โ
โ
0
Not yet classified
โ
โ
2025-05-02
116.81
โ
โ
0
Not yet classified
โ
โ
2025-04-25
99.29
โ
โ
0
Not yet classified
โ
โ
2025-04-18
102.02
โ
โ
0
Not yet classified
โ
โ
2025-04-11
100.85
โ
โ
0
Not yet classified
โ
โ
2025-04-04
91.89
โ
โ
0
Not yet classified
โ
โ
2025-03-28
94.23
โ
โ
0
Not yet classified
โ
โ
2025-03-21
88.78
โ
โ
0
Not yet classified
โ
โ
Price vs TrendBelow-3.4%Trend directionRising+1.6%Price vs current Fair ValuePremium+9.8%Fair Value directionMoving away-7.0%Relative Strength vs benchmarkLagging-9.6%Relative strength directionImproving+0.8%Price momentumNegative-4.4%Volume balanceSupply-led0.73ร
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 / ยฑ100
Recent comparison unavailable
Energy
47 /100
Recent comparison unavailable
Recent change compares the latest reading with four observations earlier. Missing readings remain unavailable. Use the chart values above to inspect individual observations.
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 todayโs regime
2025-03-21 to 2026-10-09 ยท 3 classified observations out of 82 shown.
Legacy result: Stage 3 ยท Stage 3B ยท Distribution. 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.
Fast Activity
EUR 160.50fallingSlow Activity
EUR 166.69fallingTrend Reference
EUR 168.35-3.4% close marginCurrent Fair Value
EUR 148.19+9.8% close marginStructural low
EUR 156.30shock / 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
+3.9%Annualized volatility
+37.1%From structural high
-14.6%From structural low
+32.7%
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
0
โ
โ
โ
โ
โ
Too little matched history
Intermediate
0
โ
โ
โ
โ
โ
Too little matched history
Extended
0
โ
โ
โ
โ
โ
Too little matched history
Full cycle
0
โ
โ
โ
โ
โ
Too little matched history
Continue the research
Test the structure from another angle
Use complementary evidence to confirm or challenge the stage reading. Each app shows its own observation date and coverage.
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.
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