Weekly structural research · BRU · Communication Services

KIN Stage Analysis

Kinepolis Group NV

Week ending 25 Sep 2026Close EUR 50.40Tenure EstablishedBenchmark ^BFX

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: improving.
Activity structure: wide and expanding.

Direction 84−100 bearish to +100 bullish

Energy 90/100directional strength

Maturity 50/100lifecycle context

Confidence 80/100evidence agreement

Trend gate Upstructural direction

Activity structure Wideexpanding separation

Price acceptance +100.0%position within the Activity structure

Fair Value context +42.3%EUR 35.41 · 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
2026-09-25	50.40	35.14	47.74	232426	Upward Expansion	84	90
2026-09-18	49.70	34.35	46.48	200208	Upward Expansion	87	95
2026-09-11	48.35	33.53	43.43	248091	Upward Expansion	86	95
2026-09-04	48.55	32.79	41.40	247902	Upward Expansion	96	96
2026-08-28	46.30	32.08	35.15	337583	Upward Expansion	94	96
2026-08-21	44.80	31.41	32.57	103704	Upward Expansion	95	95
2026-08-14	41.45	30.80	25.98	18595	Upward Expansion	83	93
2026-08-07	41.50	30.30	23.62	21747	Upward Expansion	93	96
2026-07-31	40.50	29.86	22.57	39635	Upward Expansion	94	96
2026-07-24	38.10	29.48	14.11	18807	Upward Expansion	82	93
2026-07-17	37.55	29.18	14.09	22750	Upward Expansion	80	93
2026-07-10	36.40	28.89	10.81	19852	Upward Expansion	72	90
2026-07-03	37.00	28.64	7.98	43412	Upward Expansion	87	95
2026-06-26	36.50	28.40	7.44	31151	Upward Expansion	92	97
2026-06-19	35.55	28.20	5.87	27133	Upward Expansion	92	94
2026-06-12	33.30	28.00	-2.91	55476	Rotation Up	87	79
2026-06-05	30.35	27.88	-9.52	43044	Rotation Up	42	39
2026-05-29	29.65	27.86	-12.28	93581	Rotation Up	36	36
2026-05-22	29.30	27.84	-14.03	115019	Rotation Up	26	42
2026-05-15	29.15	27.85	-13.07	93764	Rotation Up	25	52
2026-05-08	29.05	27.89	-13.74	136629	Rotation Up	26	51
2026-05-01	29.93	27.93	-9.76	142391	Rotation Up	38	44
2026-04-24	28.12	27.96	-15.41	219881	Rotation Up	18	32
2026-04-17	29.79	28.06	-14.59	232813	Rotation Up	4	20
2026-04-10	27.73	28.12	-19.17	164734	Downward Expansion	-32	27
2026-04-03	26.02	28.26	-21.26	110572	Downward Expansion	-61	50
2026-03-27	24.65	28.47	-22.43	202565	Downward Expansion	-67	58
2026-03-20	23.82	28.76	-24.52	207088	Downward Expansion	-83	65
2026-03-13	24.85	29.12	-24.78	184465	Downward Expansion	-77	60
2026-03-06	25.92	29.48	-23.37	168711	Downward Expansion	-66	55
2026-02-27	26.66	29.75	-25.29	222158	Downward Expansion	-63	56
2026-02-20	25.19	30.03	-32.53	334444	Downward Expansion	-81	75
2026-02-13	26.12	30.40	-30.27	192259	Downward Expansion	-73	81
2026-02-06	27.05	30.75	-27.26	190217	Downward Expansion	-65	81
2026-01-30	26.17	31.00	-28.60	181688	Downward Expansion	-78	86
2026-01-23	26.61	31.27	-27.22	249681	Downward Expansion	-79	79
2026-01-16	26.61	31.55	-28.52	257439	Downward Expansion	-82	63
2026-01-09	28.12	31.85	-23.45	281790	Downward Expansion	-69	49
2026-01-02	29.25	32.03	-19.12	120395	Downward Expansion	-58	46
2025-12-26	29.05	32.21	-19.22	63435	Downward Expansion	-61	48
2025-12-19	28.81	32.37	-21.08	131482	Downward Expansion	-65	46
2025-12-12	28.81	32.47	-20.35	134323	Downward Expansion	-68	46
2025-12-05	29.88	32.54	-18.69	134679	Downward Expansion	-46	36
2025-11-28	30.57	32.57	-17.53	175912	Downward Expansion	-58	44
2025-11-21	29.35	32.59	-20.66	115519	Downward Expansion	-66	59
2025-11-14	29.79	32.64	-20.66	116854	Downward Expansion	-63	54
2025-11-07	29.69	32.61	-19.63	240072	Downward Expansion	-65	68
2025-10-31	29.10	32.62	-21.60	161421	Rotation Down	-78	81
2025-10-24	29.69	32.62	-22.08	242635	Rotation Down	-48	65
2025-10-17	30.27	32.69	-20.59	148190	Rotation Down	-46	69
2025-10-10	30.18	32.76	-20.71	146244	Rotation Down	-51	70
2025-10-03	30.96	32.83	-19.37	137996	Rotation Down	-36	65
2025-09-26	31.11	32.87	-15.04	119768	Rotation Down	-37	63
2025-09-19	31.50	32.92	-15.15	188389	Rotation Down	-35	54
2025-09-12	32.13	33.05	-15.09	121171	Deceleration	-27	32
2025-09-05	32.23	33.18	-15.15	128654	Deceleration	-5	15
2025-08-29	33.36	33.31	-13.29	133699	Deceleration	26	19
2025-08-22	34.73	33.44	-11.16	272037	Upward Expansion	40	22
2025-08-15	35.41	33.52	-8.49	78585	Upward Expansion	56	35
2025-08-08	34.24	33.50	-11.15	85205	Upward Expansion	55	42
2025-08-01	35.02	33.58	-6.12	137889	Rotation Up	32	48
2025-07-25	36.29	33.68	-3.89	104329	Rotation Up	42	54
2025-07-18	36.63	33.72	-1.79	210560	Rotation Up	48	49
2025-07-11	34.43	33.74	-7.39	133794	Rotation Up	23	41
2025-07-04	34.33	33.80	-7.18	85301	Rotation Up	23	44
2025-06-27	35.02	33.88	-5.99	83222	Rotation Up	27	46
2025-06-20	35.51	33.89	-3.34	114392	Balance	33	36
2025-06-13	33.70	33.93	-9.21	88408	Balance	-1	20
2025-06-06	34.53	34.06	-8.38	124584	Downward Expansion	5	17
2025-05-30	33.99	34.18	-9.51	200970	Downward Expansion	-16	15
2025-05-23	31.69	34.30	-14.75	158698	Downward Expansion	-38	24
2025-05-16	30.96	34.49	-17.34	126878	Downward Expansion	-43	30
2025-05-09	30.63	34.73	-17.32	84649	Downward Expansion	-57	42
2025-05-02	31.21	34.99	-18.48	150865	Downward Expansion	-61	49
2025-04-25	30.77	35.23	-16.63	117928	Downward Expansion	-65	58
2025-04-18	28.99	35.49	-19.90	120593	Downward Expansion	-77	70
2025-04-11	30.05	35.76	-14.09	177565	Downward Expansion	-73	65
2025-04-04	28.95	36.02	-19.02	147462	Downward Expansion	-89	87
2025-03-28	31.78	36.36	-17.92	78679	Downward Expansion	-73	82
2025-03-21	32.50	36.61	-18.02	89754	Downward Expansion	-69	83
2025-03-14	32.26	36.81	-18.02	110234	Downward Expansion	-77	84
2025-03-07	32.12	36.99	-20.13	201427	Downward Expansion	-84	82
2025-02-28	32.74	37.11	-18.33	169556	Downward Expansion	-81	72
2025-02-21	35.39	37.19	-12.14	170198	Balance	-59	39
2025-02-14	35.97	37.20	-11.10	70795	Balance	-52	27
2025-02-07	36.16	37.21	-9.88	39423	Balance	-50	36
2025-01-31	37.07	37.17	-7.76	47153	Balance	-16	19
2025-01-24	37.12	37.04	-6.59	64174	Balance	-15	16
2025-01-17	35.00	36.89	-12.28	172952	Deceleration	-35	18
2025-01-10	36.64	36.89	-8.07	46225	Deceleration	13	11
2025-01-03	37.98	36.80	-5.77	54406	Deceleration	37	19
2024-12-27	37.50	36.70	-7.50	23342	Deceleration	23	11
2024-12-20	37.22	36.64	-7.61	66138	Deceleration	-14	24
2024-12-13	36.25	36.67	-11.40	79997	Deceleration	-16	33
2024-12-06	36.73	36.72	-10.40	93309	Deceleration	-11	23
2024-11-29	35.39	36.78	-13.82	108200	Balance	-25	23
2024-11-22	36.73	36.87	-11.20	46176	Balance	10	9
2024-11-15	37.41	36.91	-8.76	45624	Balance	31	16
2024-11-08	38.08	36.93	-10.08	55353	Balance	36	16
2024-11-01	37.84	36.95	-11.42	162259	Balance	36	18
2024-10-25	37.26	36.96	-13.97	129379	Rotation Up	38	20
2024-10-18	38.18	37.07	-13.20	50942	Rotation Up	42	26
2024-10-11	38.47	37.20	-12.37	47996	Rotation Up	18	15
2024-10-04	38.32	37.29	-13.41	90828	Rotation Up	26	17
2024-09-27	38.56	37.37	-14.05	104593	Rotation Up	31	23
2024-09-20	37.26	37.46	-15.49	83963	Rotation Up	19	27
2024-09-13	37.65	37.60	-15.71	113128	Rotation Up	22	44
2024-09-06	39.28	37.65	-10.91	104136	Rotation Up	31	47
2024-08-30	39.14	37.63	-11.80	120176	Balance	32	35
2024-08-23	38.47	37.62	-12.13	124527	Balance	7	17
2024-08-16	37.70	37.62	-13.44	114246	Downward Expansion	-12	15
2024-08-09	35.87	37.62	-17.76	74146	Downward Expansion	-33	22
2024-08-02	35.10	37.82	-19.13	73390	Downward Expansion	-38	24
2024-07-26	35.68	38.03	-19.73	53389	Downward Expansion	-45	32
2024-07-19	36.16	38.26	-16.86	101282	Downward Expansion	-61	49
2024-07-12	34.96	38.49	-20.99	72550	Downward Expansion	-66	64
2024-07-05	33.27	38.71	-23.66	86142	Downward Expansion	-75	89
2024-06-28	32.74	38.98	-23.83	80008	Downward Expansion	-85	93
2024-06-21	34.71	39.32	-19.75	78860	Downward Expansion	-71	86
2024-06-14	34.09	39.65	-20.29	81696	Downward Expansion	-83	88
2024-06-07	34.91	40.02	-20.12	118034	Downward Expansion	-83	79
2024-05-31	35.87	40.36	-18.60	133149	Downward Expansion	-79	55
2024-05-24	38.13	40.69	-14.86	65493	Downward Expansion	-58	42
2024-05-17	37.60	40.84	-17.02	113732	Downward Expansion	-66	46
2024-05-10	38.71	41.02	-15.14	86500	Downward Expansion	-60	58
2024-05-03	37.90	41.18	-15.03	57748	Downward Expansion	-66	70
2024-04-26	37.95	41.41	-14.29	90201	Downward Expansion	-66	72
2024-04-19	38.14	41.63	-13.03	71785	Downward Expansion	-67	68
2024-04-12	38.61	41.82	-12.61	74346	Balance	-59	41
2024-04-05	38.23	41.95	-13.28	164709	Balance	-62	29
2024-03-29	40.37	42.04	-8.92	74703	Balance	-20	14
2024-03-22	42.07	42.08	-4.22	60582	Downward Expansion	-14	17
2024-03-15	41.17	42.08	-3.26	77328	Downward Expansion	-28	23
2024-03-08	40.79	42.17	-5.35	81112	Downward Expansion	-33	22
2024-03-01	41.41	42.32	-2.94	130128	Downward Expansion	-40	22
2024-02-23	41.27	42.43	-3.36	128481	Downward Expansion	-56	37
2024-02-16	39.37	42.45	-7.17	71676	Downward Expansion	-64	70
2024-02-09	38.42	42.51	-8.99	111601	Downward Expansion	-71	80
2024-02-02	38.90	42.60	-6.25	75440	Downward Expansion	-67	76
2024-01-26	38.42	42.60	-8.69	95948	Balance	-74	74
2024-01-19	37.90	42.62	-6.89	218137	Balance	-52	55
2024-01-12	41.79	42.70	-0.72	74433	Balance	-26	23
2024-01-05	41.46	42.69	-2.05	49206	Balance	-21	30
2023-12-29	42.41	42.66	0.69	58756	Balance	-13	20
2023-12-22	43.02	42.58	3.20	129827	Balance	-12	19
2023-12-15	41.55	42.52	-1.46	177461	Balance	-18	21
2023-12-08	41.60	42.63	-0.17	183953	Upward Expansion	13	10
2023-12-01	42.97	42.66	6.72	102960	Upward Expansion	43	24
2023-11-24	44.40	42.64	10.80	93487	Upward Expansion	53	49
2023-11-17	45.16	42.60	14.66	74802	Upward Expansion	55	42
2023-11-10	45.25	42.49	18.74	104605	Upward Expansion	56	30
2023-11-03	45.63	42.42	18.07	103680	Upward Expansion	61	29
2023-10-27	42.60	42.34	17.90	126564	Upward Expansion	45	21
2023-10-20	43.02	42.41	17.44	103357	Upward Expansion	51	38
2023-10-13	43.54	42.33	14.13	96354	Upward Expansion	53	49
2023-10-06	44.82	42.16	18.56	86298	Upward Expansion	60	52

Price vs TrendAbove+43.4%

Trend directionRising+20.4%

Price vs current Fair ValuePremium+42.3%

Fair Value directionClosing upward+39.1%

Relative Strength vs benchmarkLeading+47.7%

Relative strength directionImproving+40.3%

Price momentumPositive+104.5%

Volume balanceDemand-led4.43×

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

84 / ±100

-10.3 points since 2026-08-28

Energy

90 /100

-5.7 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.

KIN Directional State ↗ KIN Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance0

Rotation Up86

Upward Expansion98

Deceleration40

Rotation Down10

Downward Expansion20

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

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

Balance 15%Rotation Up 15%Upward Expansion 18%Deceleration 6%Rotation Down 5%Downward Expansion 41%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Upward Expansion	2026-06-19	2026-09-25	Established	+41.8%
Rotation Up	2026-04-17	2026-06-12	Developing	+11.8%
Downward Expansion	2025-11-07	2026-04-10	Established	-6.6%
Rotation Down	2025-09-19	2025-10-31	Developing	-7.6%
Deceleration	2025-08-29	2025-09-12	New	-3.7%
Upward Expansion	2025-08-08	2025-08-22	New	+1.4%
Rotation Up	2025-06-27	2025-08-01	Developing	+0.0%
Balance	2025-06-13	2025-06-20	New	+5.4%
Downward Expansion	2025-02-28	2025-06-06	Established	+5.5%
Balance	2025-01-24	2025-02-21	Developing	-4.7%
Deceleration	2024-12-06	2025-01-17	Developing	-4.7%
Balance	2024-11-01	2024-11-29	Developing	-6.5%
Rotation Up	2024-09-06	2024-10-25	Developing	-5.1%
Balance	2024-08-23	2024-08-30	New	+1.8%

Classic Stage Analysis comparison

Stage 1 · Basing19

Stage 2 · Advancing100

Stage 3 · Distribution51

Stage 4 · Declining0

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

Leadership versus ^BFX

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: 100/100
Current Relative Strength: 47.74
Relative Strength direction: Improving
Price momentum: +104.5%
Excess performance vs benchmark: +90.0%
Communication Services regime cohort: 100th percentile2 in cohort

Test KIN trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume2.31×

Latest completed volume relative to typical participation.

Up/down volume4.43×

Participation balance between advancing and declining observations.

Accumulation / distribution5 / 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+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 KIN Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity EUR 49.28rising

Slow Activity EUR 39.56rising

Trend Reference EUR 35.14+43.4% close margin

Current Fair Value EUR 35.41+42.3% close margin

Structural low EUR 24.50shock / 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 +3.6%

Annualized volatility +24.9%

From structural high -2.5%

From structural low +117.4%

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 ^BFX	Regime survived	Read
Near term	14	-1.0%-8.2% to +16.6%	+42.9%	+42.9%	-0.0%	+71.4%	Usable descriptive sample
Intermediate	6	-2.7%-13.3% to +39.8%	+50.0%	+50.0%	-3.6%	+33.3%	Usable descriptive sample
Extended	4	-0.7%-21.0% to +11.2%	+50.0%	+50.0%	-0.1%	+25.0%	Too little matched history
Full cycle	3	+7.1%-32.3% to +21.2%	+66.7%	+66.7%	-0.8%	+33.3%	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.

KIN 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