Weekly structural research ยท GER ยท Communication Services

UEN Stage Analysis

Ubisoft Entertainment SA

Week ending 25 Sep 2026Close EUR 5.36Tenure DevelopingBenchmark ^GDAXI
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Deceleration ยท Recompressing

The upward structure remains, but its energy is decelerating.

Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down.

  • The Trend gate is up within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: compressed and contracting.
Direction 19โˆ’100 bearish to +100 bullish
Energy 11/100directional strength
Maturity 39/100lifecycle context
Confidence 71/100evidence agreement
Trend gate Upstructural direction
Activity structure Compressedcontracting separation
Price acceptance +0.0%position within the Activity structure
Fair Value context -57.9%EUR 12.73 ยท improving
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
2026-09-255.364.97-7.2510851Deceleration1911
2026-09-185.264.93-10.0839375Deceleration1411
2026-09-115.194.89-13.3911714Deceleration1412
2026-09-044.924.88-20.5520547Deceleration69
2026-08-285.304.85-17.4321001Deceleration3216
2026-08-215.264.82-17.894253Deceleration3624
2026-08-145.344.78-18.734155Deceleration3519
2026-08-075.364.83-19.188808Upward Expansion4725
2026-07-315.804.86-11.353781Upward Expansion6339
2026-07-244.864.87-24.9827492Upward Expansion4836
2026-07-175.454.92-16.1525498Rotation Up5758
2026-07-105.874.95-11.787623Rotation Up4349
2026-07-035.614.97-18.9413473Rotation Up3826
2026-06-265.104.99-23.7812504Rotation Up1413
2026-06-195.385.06-21.7522158Rotation Up3527
2026-06-124.905.13-28.6215875Rotation Up1923
2026-06-055.015.20-28.269851Rotation Up2337
2026-05-295.615.24-21.83297521Rotation Up3847
2026-05-225.305.31-26.611090512Balance1025
2026-05-155.155.40-26.77243855Balance726
2026-05-084.905.50-32.30124551Downward Expansion-424
2026-05-014.915.65-33.17144669Downward Expansion-2428
2026-04-244.815.82-35.18174537Downward Expansion-3726
2026-04-175.025.98-35.08279826Downward Expansion-4433
2026-04-104.036.12-46.63274594Downward Expansion-6252
2026-04-033.876.28-48.15113795Downward Expansion-6457
2026-03-273.826.45-47.82204422Downward Expansion-6961
2026-03-203.846.63-48.91275767Downward Expansion-7064
2026-03-133.996.81-50.36200200Downward Expansion-6965
2026-03-063.946.99-52.41208037Downward Expansion-7368
2026-02-274.167.16-54.19178983Downward Expansion-7082
2026-02-204.117.31-55.61228124Downward Expansion-7186
2026-02-134.727.49-49.27312279Downward Expansion-6687
2026-02-063.997.65-57.40212538Downward Expansion-8289
2026-01-304.407.84-53.43831834Downward Expansion-8171
2026-01-234.057.99-58.46595829Downward Expansion-8862
2026-01-167.008.17-30.69107715Downward Expansion-6046
2026-01-096.098.24-40.4149749Downward Expansion-6863
2026-01-026.358.35-37.0728207Downward Expansion-6358
2025-12-266.148.47-39.7413560Downward Expansion-7070
2025-12-196.378.61-38.44109699Downward Expansion-6857
2025-12-126.398.71-38.9278426Downward Expansion-7156
2025-12-056.338.82-40.10126436Downward Expansion-7660
2025-11-287.188.98-32.69213938Downward Expansion-6472
2025-11-217.469.10-28.8072803Downward Expansion-6782
2025-11-147.019.20-36.22238146Downward Expansion-7286
2025-11-076.169.27-44.16263757Downward Expansion-9192
2025-10-317.809.36-31.7294880Downward Expansion-7476
2025-10-248.039.43-31.6674243Balance-6953
2025-10-178.139.58-30.6089710Balance-6325
2025-10-109.269.71-23.3327318Balance-1615
2025-10-0310.249.84-16.6587737Balance59
2025-09-269.609.97-20.66184094Downward Expansion-3020
2025-09-199.0610.06-25.2171565Downward Expansion-5032
2025-09-128.8710.14-27.822041Downward Expansion-6036
2025-09-058.9210.22-27.796993Downward Expansion-5932
2025-08-299.3910.28-26.0747109Downward Expansion-4930
2025-08-229.2310.34-30.1010934Downward Expansion-5341
2025-08-159.4110.43-30.022151Downward Expansion-5438
2025-08-088.8510.50-34.8910293Downward Expansion-6140
2025-08-018.8110.60-34.479944Downward Expansion-6539
2025-07-259.5710.73-32.5319804Downward Expansion-4432
2025-07-189.5210.84-34.4377029Downward Expansion-5743
2025-07-119.4910.93-35.905324Downward Expansion-6158
2025-07-049.0511.04-39.22807Downward Expansion-6768
2025-06-279.4211.19-38.685459Downward Expansion-5954
2025-06-209.1611.28-39.961414Downward Expansion-6449
2025-06-139.1911.40-41.503873Downward Expansion-6549
2025-06-069.9511.54-40.081974Downward Expansion-5435
2025-05-3010.3411.67-38.457142Downward Expansion-5030
2025-05-239.4511.80-44.0212567Downward Expansion-6234
2025-05-169.7511.94-43.8032363Downward Expansion-5128
2025-05-0911.0412.05-36.856912Downward Expansion-5335
2025-05-0210.9812.12-37.219344Downward Expansion-5967
2025-04-2510.3212.22-39.9215744Downward Expansion-6375
2025-04-189.2712.23-44.4116754Downward Expansion-7278
2025-04-118.8912.35-45.5139676Balance-7869
2025-04-049.6312.45-42.7744000Balance-6733
2025-03-2812.7012.62-31.6228220Balance1221
2025-03-2112.1312.78-36.597550Balance-822
2025-03-1413.1412.94-32.3816498Rotation Up-923
2025-03-0714.0413.07-28.6519047Rotation Up-012
2025-02-2812.1313.16-37.753137Downward Expansion-5538
2025-02-2111.6013.34-40.6312524Downward Expansion-6149
2025-02-1411.2613.59-43.9210647Downward Expansion-6355
2025-02-0710.7713.85-45.634082Downward Expansion-7671
2025-01-3111.1814.24-44.4111891Downward Expansion-7265
2025-01-2411.8314.53-41.0811802Downward Expansion-6357
2025-01-1711.4614.82-42.439514Downward Expansion-7463
2025-01-1011.9915.14-38.504125Downward Expansion-6858
2025-01-0312.6915.45-34.844441Downward Expansion-5750
2024-12-2712.8815.81-35.031259Downward Expansion-5640
2024-12-2012.0616.12-39.7211887Downward Expansion-6645
2024-12-1312.8216.45-38.455653Downward Expansion-5641
2024-12-0613.5016.73-36.0946112Downward Expansion-5339
2024-11-2912.2917.03-40.4610824Downward Expansion-6344
2024-11-2212.7217.35-38.494938Downward Expansion-5035
2024-11-1513.4617.66-35.9213451Downward Expansion-4131
2024-11-0813.7217.92-36.0116072Downward Expansion-4234
2024-11-0114.1818.16-35.327615Downward Expansion-4540
2024-10-2513.7218.35-39.239655Downward Expansion-4945
2024-10-1813.2618.52-43.017622Downward Expansion-6360
2024-10-1112.9418.72-44.5924465Downward Expansion-6563
2024-10-0414.0118.91-40.4376772Downward Expansion-6680
2024-09-2710.6619.10-56.2973236Downward Expansion-8794
2024-09-2012.8819.46-46.2416829Downward Expansion-8190
2024-09-1311.8019.77-51.5513549Downward Expansion-9494
2024-09-0614.6620.18-39.592909Downward Expansion-8786
2024-08-3017.6920.45-30.415122Downward Expansion-6680
2024-08-2316.9420.53-33.222678Downward Expansion-7285
2024-08-1616.9220.67-33.073489Downward Expansion-7384
2024-08-0916.9020.77-31.7018349Downward Expansion-7980
2024-08-0217.5320.94-29.654606Downward Expansion-7768
2024-07-2618.8421.10-28.269866Balance-6956
2024-07-1919.0421.24-27.334302Balance-6139
2024-07-1222.4821.38-17.659754Balance814
2024-07-0520.0521.43-25.875022Balance-5237
2024-06-2820.4721.58-23.791061Balance-1513
2024-06-2121.0521.76-21.812859Rotation Up28
2024-06-1421.3022.04-20.61443Rotation Up1318
2024-06-0723.4022.32-15.883134Balance3837
2024-05-3122.4322.52-19.484708Balance717
2024-05-2421.9522.71-22.5412816Balance-115
2024-05-1721.2422.92-25.4733774Balance-619
2024-05-1022.3623.10-22.19989Downward Expansion423
2024-05-0322.0123.34-20.582784Downward Expansion-1924
2024-04-2621.8823.56-22.172451Downward Expansion-3324
2024-04-1921.1823.86-23.312043Downward Expansion-4433
2024-04-1221.0324.13-25.0510151Downward Expansion-6048
2024-04-0519.8224.40-30.582409Downward Expansion-6574
2024-03-2919.0024.67-34.927564Downward Expansion-6982
2024-03-2219.0625.00-34.1415925Downward Expansion-7283
2024-03-1518.8625.34-34.2316311Downward Expansion-7974
2024-03-0819.4225.61-32.2310506Downward Expansion-7849
2024-03-0121.5025.88-24.981465Downward Expansion-4930
2024-02-2322.1526.12-21.473191Downward Expansion-4432
2024-02-1624.2526.39-12.576626Downward Expansion-4940
2024-02-0922.7126.54-17.115127Downward Expansion-6659
2024-02-0220.2226.65-26.162075Downward Expansion-7688
2024-01-2621.1526.78-23.155508Downward Expansion-7086
2024-01-1919.9426.94-25.768589Downward Expansion-8691
2024-01-1221.9327.11-19.18705Downward Expansion-7686
2024-01-0522.3827.27-17.031243Downward Expansion-7584
2023-12-2923.0927.39-15.62659Downward Expansion-7182
2023-12-2223.1027.54-15.882974Balance-7479
2023-12-1524.1227.61-12.938926Balance-4258
2023-12-0824.3027.62-12.782737Balance-3137
2023-12-0125.9527.68-5.311669Balance12
2023-11-2429.5927.7110.072667Upward Expansion5032
2023-11-1729.7327.6111.372955Upward Expansion5225
2023-11-1029.1627.4614.23701Upward Expansion3318
2023-11-0328.3727.2711.662212Upward Expansion2816
2023-10-2728.2427.1114.686820Upward Expansion3017
2023-10-2026.5926.997.132654Upward Expansion2415
2023-10-1329.6026.8615.817866Upward Expansion5637
2023-10-0628.5426.6611.111736Upward Expansion5639
Price vs TrendAbove+7.8%
Trend directionRising+1.1%
Price vs current Fair ValueBelow anchor-57.9%
Fair Value directionClosing upward+7.2%
Relative Strength vs benchmarkLagging-7.3%
Relative strength directionImproving+16.5%
Price momentumPositive+40.3%
Volume balanceDemand-led1.19ร—
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

19 / ยฑ100

-12.6 points since 2026-08-28

Energy

11 /100

-5.3 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
Balance62
Rotation Up26
Upward Expansion42
Deceleration82
Rotation Down26
Downward Expansion29

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 15%Rotation Up 8%Upward Expansion 7%Deceleration 5%Downward Expansion 66%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Deceleration2026-08-142026-09-25Developing+0.3%
Upward Expansion2026-07-242026-08-07New+10.4%
Rotation Up2026-05-292026-07-17Developing-2.9%
Balance2026-05-152026-05-22New+2.9%
Downward Expansion2025-10-312026-05-08Extended-37.2%
Balance2025-10-032025-10-24New-21.6%
Downward Expansion2025-04-182025-09-26Established+3.6%
Balance2025-03-212025-04-11New-26.7%
Rotation Up2025-03-072025-03-14New-6.3%
Downward Expansion2024-08-022025-02-28Extended-30.8%
Balance2024-06-282024-07-26Developing-7.9%
Rotation Up2024-06-142024-06-21New-1.2%
Balance2024-05-172024-06-07New+10.2%
Downward Expansion2023-12-292024-05-10Established-3.2%
Classic Stage Analysis comparison
Stage 1 ยท Basing74
Stage 2 ยท Advancing44
Stage 3 ยท Distribution29
Stage 4 ยท Declining35

Legacy result: Stage 1 ยท Stage 1B ยท Basing. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^GDAXI

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
28/100
Current Relative Strength
-7.25
Relative Strength direction
Improving
Price momentum
+40.3%
Excess performance vs benchmark
+26.3%
Communication Services regime cohort
50th percentile8 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.11ร—

Latest completed volume relative to typical participation.

Up/down volume1.19ร—

Participation balance between advancing and declining observations.

Accumulation / distribution0 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+50.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+25.0%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity EUR 5.24falling
Slow Activity EUR 5.21rising
Trend Reference EUR 4.97+7.8% close margin
Current Fair Value EUR 12.73-57.9% close margin
Structural low EUR 3.72shock / repair context
What changes the read?

Renewed positive order and expanding width produce re-acceleration; fast/slow failure with downside acceptance produces Rotation Down.

Range context +9.3%
Annualized volatility +55.7%
From structural high -47.7%
From structural low +44.0%
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 movePositive periodsDirectional follow-through Median excess vs ^GDAXI Regime survived Read
Near term2+7.9%-2.8% to +18.5%+50.0%+50.0%+8.4%+50.0%Too little matched history
Intermediate1+17.8%+17.8% to +17.8%+100.0%+100.0%+20.2%+0.0%Too little matched history
Extended1-7.6%-7.6% to -7.6%+0.0%+0.0%-14.0%+0.0%Too little matched history
Full cycle1-17.3%-17.3% to -17.3%+0.0%+0.0%-35.7%+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