Weekly structural research ยท NYSE ยท Consumer Defensive

FEDU Stage Analysis

Four Seasons Education Cayman

Week ending 9 Oct 2026Close USD 11.19Tenure NewBenchmark SPY
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Balance ยท Balance after decline

Directional pressure has compressed into balance.

Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base.

  • The Trend gate is mixed within the current regime.
  • Fast Activity versus Slow Activity: improving.
  • Activity structure: compressed and contracting.
Direction 26โˆ’100 bearish to +100 bullish
Energy 18/100directional strength
Maturity 17/100lifecycle context
Confidence 58/100evidence agreement
Trend gate Mixedstructural direction
Activity structure Compressedcontracting separation
Price acceptance +50.0%position within the Activity structure
Fair Value context +6.6%USD 10.49 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.
  • Rotation DownStructure is turning lower.
  • Downward ExpansionDowntrend is established.
View chart values ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-10-0911.1910.03-6.0173800Balance2618
2026-10-029.359.99-21.15837Balance-1912
2026-09-2510.0010.01-16.841019Downward Expansion1219
2026-09-1810.2210.01-14.75891Downward Expansion619
2026-09-1110.0110.00-17.43388Downward Expansion-1922
2026-09-0410.4310.01-15.434507Downward Expansion-1418
2026-08-289.539.96-23.441867Downward Expansion-4022
2026-08-219.809.95-21.874657Downward Expansion-5638
2026-08-149.259.96-28.2012658Downward Expansion-6371
2026-08-078.2010.03-37.2136356Downward Expansion-7479
2026-07-318.0510.16-37.063240Downward Expansion-8179
2026-07-248.1210.28-36.676288Balance-8371
2026-07-1710.0410.40-23.25198Balance-3933
2026-07-1010.0410.43-25.421118Balance-3926
2026-07-039.6410.55-28.35186Balance-4621
2026-06-2610.5010.67-20.671099Balance-95
2026-06-1910.3810.76-23.551666Balance-1911
2026-06-1210.8110.85-19.98916Balance-106
2026-06-0510.2510.97-23.842248Balance-2412
2026-05-2910.9111.11-21.17791Balance-117
2026-05-2210.0011.20-26.88546Downward Expansion-4223
2026-05-1510.3011.33-24.292999Downward Expansion-3624
2026-05-0810.5011.46-22.813246Downward Expansion-3423
2026-05-0110.4211.55-21.561603Downward Expansion-3420
2026-04-249.5811.68-27.141370Downward Expansion-4119
2026-04-1710.6511.82-18.644965Downward Expansion-1816
2026-04-1011.0011.94-12.02371Downward Expansion-3119
2026-04-0311.0012.03-8.435295Downward Expansion-3519
2026-03-2710.7912.15-7.2013612Deceleration-4127
2026-03-209.8012.27-17.671924Deceleration-4633
2026-03-1310.2512.45-15.564612Downward Expansion-4432
2026-03-069.6912.64-21.479561Downward Expansion-5941
2026-02-2710.1012.80-19.9636813Downward Expansion-5948
2026-02-2010.0012.92-21.0937279Downward Expansion-6364
2026-02-1310.1813.08-18.9529238Downward Expansion-6466
2026-02-069.0213.27-29.30190951Downward Expansion-7982
2026-01-309.1513.50-28.7095906Downward Expansion-8475
2026-01-2310.2913.56-19.84433215Downward Expansion-7758
2026-01-1611.3113.54-12.391661Downward Expansion-6970
2026-01-0912.0713.51-6.963686Rotation Down-6374
2026-01-0211.6913.43-8.424491Rotation Down-4165
2025-12-2611.6013.37-10.146896Rotation Down-4866
2025-12-1911.0013.31-13.6117226Deceleration-5663
2025-12-1213.4813.275.835805Deceleration916
2025-12-0513.3513.124.29238Deceleration910
2025-11-2813.3512.934.8713624Deceleration126
2025-11-2113.0012.746.101067Deceleration106
2025-11-1414.3812.5715.271262Deceleration3519
2025-11-0714.4912.3216.611914Deceleration3618
2025-10-3113.5912.047.771161Deceleration2010
2025-10-2414.0011.8911.735636Deceleration2213
2025-10-1713.9911.7513.835010Deceleration2313
2025-10-1013.3511.5910.554492Deceleration3317
2025-10-0314.3411.4515.772656Deceleration3418
2025-09-2613.7211.2911.9522414Deceleration3519
2025-09-1914.2511.1115.9135646Deceleration3924
2025-09-1213.6410.9713.006146Upward Expansion4433
2025-09-0514.5010.8622.1847586Upward Expansion5846
2025-08-2914.4010.7121.8917991Upward Expansion6154
2025-08-2215.3010.5728.351372Upward Expansion6864
2025-08-1515.9510.4033.963750Upward Expansion8069
2025-08-0814.3710.2222.255150Upward Expansion6684
2025-08-0113.9410.0721.70937Upward Expansion6788
2025-07-2514.749.9525.688999Upward Expansion7390
2025-07-1815.909.8037.1817516Upward Expansion9296
2025-07-1116.009.6139.3025812Rotation Up9491
2025-07-0410.889.46-4.733524Rotation Up3138
2025-06-279.629.44-14.492884Rotation Up1829
2025-06-2010.509.47-3.833553Rotation Up2840
2025-06-139.709.48-11.681264Rotation Up1625
2025-06-069.769.53-11.656020Balance1725
2025-05-309.769.60-10.462308Balance-1118
2025-05-239.839.66-8.365183Downward Expansion-1814
2025-05-169.009.72-18.3322438Downward Expansion-4024
2025-05-097.709.82-26.564411Downward Expansion-5747
2025-05-027.659.97-27.5312140Downward Expansion-5965
2025-04-257.7210.13-24.8114647Downward Expansion-6064
2025-04-186.9610.27-29.2871789Downward Expansion-7163
2025-04-116.2510.33-37.65203995Downward Expansion-7854
2025-04-048.9110.48-6.7138133Downward Expansion-5732
2025-03-289.8010.56-6.6015292Downward Expansion-5230
2025-03-219.2010.80-13.687281Downward Expansion-5652
2025-03-149.2810.96-12.6322086Downward Expansion-5548
2025-03-079.4711.05-12.9644476Downward Expansion-5343
2025-02-288.2311.11-26.739888Downward Expansion-7350
2025-02-2110.1711.22-10.6413177Downward Expansion-4825
2025-02-1410.3011.35-10.6822258Downward Expansion-4825
2025-02-0710.0111.42-11.6719815Downward Expansion-5328
2025-01-3110.2911.40-9.278740Downward Expansion-5129
2025-01-2410.1811.41-11.198814Downward Expansion-5532
2025-01-1710.4911.42-7.0036721Downward Expansion-5443
2025-01-1010.0011.47-8.7834712Downward Expansion-6153
2025-01-0310.3011.47-7.959345Downward Expansion-5743
2024-12-2710.1011.45-10.318605Balance-6148
2024-12-2010.3511.43-7.6212093Balance-3033
2024-12-1311.3211.40-0.908814Balance-2329
2024-12-0610.4611.32-8.957440Balance-2837
2024-11-2910.5211.24-7.714392Balance-1521
2024-11-2210.8011.14-4.274432Balance910
2024-11-1510.9611.06-1.308226Balance127
2024-11-0811.8810.974.7627450Upward Expansion3112
2024-11-0111.6010.897.3917426Upward Expansion3215
2024-10-2511.7310.797.5611845Upward Expansion3217
2024-10-1811.9910.719.167258Upward Expansion2212
2024-10-1112.1810.6212.1417263Upward Expansion2815
2024-10-0412.4010.5115.9923763Upward Expansion2719
2024-09-2711.8510.3811.6145441Upward Expansion2320
2024-09-208.8210.28-16.2117755Upward Expansion118
2024-09-1310.7810.223.738187Upward Expansion4631
2024-09-0611.3510.0913.6634909Upward Expansion5541
2024-08-3017.019.9763.6094327Upward Expansion8060
2024-08-2314.099.6937.339280Upward Expansion6841
2024-08-1611.949.5118.555811Upward Expansion5338
2024-08-0911.219.4015.6320082Upward Expansion5649
2024-08-0211.419.3117.903598Upward Expansion5645
2024-07-2614.099.2242.8211104Upward Expansion7961
2024-07-1912.339.0324.7721096Upward Expansion7243
2024-07-129.698.91-3.741307Upward Expansion5439
2024-07-0510.528.875.24473Upward Expansion5959
2024-06-2810.528.797.332347Upward Expansion6061
2024-06-2111.748.7320.2315541Upward Expansion7971
2024-06-1410.108.624.78500Balance6358
2024-06-079.888.564.5537239Balance5845
2024-05-319.378.490.522966Balance5537
2024-05-249.518.401.672078Balance5320
2024-05-178.818.33-6.051098Balance1013
2024-05-108.198.28-11.424046Balance-113
2024-05-037.458.25-18.401319Balance-1213
2024-04-268.328.25-8.923421Upward Expansion2814
2024-04-198.468.22-5.711043Upward Expansion5029
2024-04-129.238.18-0.80664Upward Expansion6256
2024-04-058.558.14-9.84381Upward Expansion5859
2024-03-299.508.14-1.061475Upward Expansion7266
2024-03-229.258.12-3.304428Balance6951
2024-03-158.848.12-5.518673Balance5232
2024-03-088.638.15-7.911647Rotation Down-114
2024-03-018.718.14-7.634187Rotation Down-730
2024-02-237.068.14-25.031305Rotation Down-8089
2024-02-167.038.20-24.703947Rotation Down-5957
2024-02-097.748.27-18.002480Upward Expansion-2118
2024-02-028.598.30-8.39648Upward Expansion2934
2024-01-268.598.28-7.05199Upward Expansion3135
2024-01-198.598.22-5.93193Upward Expansion3234
2024-01-128.598.16-4.85124Upward Expansion5254
2024-01-058.598.10-3.08189Upward Expansion5458
2023-12-298.598.06-4.17286Upward Expansion5557
2023-12-228.598.01-3.72674Rotation Up5662
2023-12-158.598.00-2.471095Rotation Up3749
2023-12-088.197.98-4.713334Rotation Up2633
2023-12-018.547.99-0.41413Downward Expansion1529
2023-11-248.547.990.521757Downward Expansion1016
2023-11-178.288.02-1.405973Downward Expansion-2818
2023-11-107.668.05-6.501720Downward Expansion-5939
2023-11-036.878.10-15.151258Downward Expansion-7363
2023-10-277.278.14-5.415755Downward Expansion-6562
2023-10-207.328.13-7.36405Rotation Down-6466
Price vs TrendAbove+11.6%
Trend directionFalling-1.3%
Price vs current Fair ValuePremium+6.6%
Fair Value directionClosing upward+10.1%
Relative Strength vs benchmarkLagging-6.0%
Relative strength directionImproving+19.4%
Price momentumPositive+1.7%
Volume balanceDemand-led9.74ร—
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

26 / ยฑ100

+44.7 points since 2026-09-11

Energy

18 /100

-4.5 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
Balance44
Rotation Up52
Upward Expansion41
Deceleration33
Rotation Down22
Downward Expansion16

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 19%Rotation Up 5%Upward Expansion 27%Deceleration 10%Rotation Down 5%Downward Expansion 34%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Balance2026-10-022026-10-09New+19.7%
Downward Expansion2026-07-312026-09-25Developing+24.2%
Balance2026-05-292026-07-24Developing-25.6%
Downward Expansion2026-04-032026-05-22Developing-9.1%
Deceleration2026-03-202026-03-27New+10.1%
Downward Expansion2026-01-162026-03-13Developing-9.4%
Rotation Down2025-12-262026-01-09New+4.1%
Deceleration2025-09-192025-12-19Established-22.8%
Upward Expansion2025-07-182025-09-12Developing-14.2%
Rotation Up2025-06-132025-07-11Developing+64.9%
Balance2025-05-302025-06-06New+0.1%
Downward Expansion2025-01-032025-05-23Established-4.6%
Balance2024-11-152024-12-27Developing-7.9%
Upward Expansion2024-06-212024-11-08Established+1.2%
Classic Stage Analysis comparison
Stage 1 ยท Basing55
Stage 2 ยท Advancing56
Stage 3 ยท Distribution43
Stage 4 ยท Declining44

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 SPY

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
43/100
Current Relative Strength
-6.01
Relative Strength direction
Improving
Price momentum
+1.7%
Excess performance vs benchmark
-13.2%
Consumer Defensive regime cohort
8th percentile24 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume9.54ร—

Latest completed volume relative to typical participation.

Up/down volume9.74ร—

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+50.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

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 USD 10.25rising
Slow Activity USD 9.87rising
Trend Reference USD 10.03+11.6% close margin
Current Fair Value USD 10.49+6.6% close margin
Structural low USD 6.79shock / repair context
What changes the read?

Persistent fast/slow separation and fan expansion would end Balance; direction determines whether it becomes Rotation Up or Rotation Down.

Range context +12.7%
Annualized volatility +56.0%
From structural high -24.0%
From structural low +67.5%
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 SPY Regime survived Read
Near term14+3.8%-22.7% to +37.9%+64.3%+64.3%+4.5%+35.7%Usable descriptive sample
Intermediate9-5.3%-34.0% to +47.5%+44.4%+44.4%-10.5%+11.1%Usable descriptive sample
Extended7-4.6%-58.6% to +36.8%+42.9%+42.9%-14.4%+28.6%Usable descriptive sample
Full cycle4+5.6%-45.1% to +31.2%+50.0%+50.0%-14.1%+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.

Evidence context