Weekly structural research ยท JPX ยท Communication Services

2411 Stage Analysis

Gendai Agency Inc.

Week ending 25 Sep 2026Close JPY 472.00Tenure DevelopingBenchmark ^N225
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Rotation Up ยท Value reclamation

The Activity Line structure is rotating upward.

Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair.

  • The Trend gate is up within the current regime.
  • Fast Activity versus Slow Activity: improving.
  • Activity structure: moderate and expanding.
Direction 63โˆ’100 bearish to +100 bullish
Energy 49/100directional strength
Maturity 11/100lifecycle context
Confidence 71/100evidence agreement
Trend gate Upstructural direction
Activity structure Moderateexpanding separation
Price acceptance +83.3%position within the Activity structure
Fair Value context +22.9%JPY 383.94 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
2026-09-25472.00463.39-11.2028300Rotation Up6349
2026-09-18470.00463.67-10.1887800Rotation Up3449
2026-09-11470.00463.70-9.1552100Rotation Up3753
2026-09-04470.00463.43-10.9458200Rotation Up2849
2026-08-28473.00463.26-12.7652200Rotation Up3950
2026-08-21465.00462.89-14.291600Balance1827
2026-08-14465.00463.73-18.2312200Balance1823
2026-08-07465.00464.28-14.917000Balance-212
2026-07-31462.00464.28-14.385200Balance-717
2026-07-24464.00463.98-14.8710300Balance-1321
2026-07-17460.00463.88-15.4982500Balance-2319
2026-07-10466.00463.72-20.4010000Downward Expansion-1916
2026-07-03463.00463.20-22.7626600Downward Expansion-3420
2026-06-26450.00462.81-24.981800Downward Expansion-5648
2026-06-19453.00462.98-26.9311700Downward Expansion-5755
2026-06-12449.00462.82-22.406200Rotation Down-5964
2026-06-05440.00462.64-25.0725300Rotation Down-4760
2026-05-29452.00462.88-23.2761400Deceleration-3239
2026-05-22451.00462.63-20.33118300Deceleration-2424
2026-05-15456.00462.74-17.37189400Deceleration-08
2026-05-08467.00462.09-17.5324200Deceleration4324
2026-05-01463.00460.24-14.2481400Deceleration4028
2026-04-24471.00458.22-13.45483100Deceleration4836
2026-04-17494.00456.29-7.79393400Deceleration6936
2026-04-10466.00453.38-11.0769800Deceleration1911
2026-04-03467.00451.46-4.88353700Deceleration2113
2026-03-27461.00449.86-6.81115600Deceleration3116
2026-03-20462.95448.62-6.5775200Deceleration3722
2026-03-13462.95447.43-7.48103600Deceleration4128
2026-03-06470.75445.84-9.10183000Upward Expansion5234
2026-02-27480.49443.96-12.48113000Upward Expansion5937
2026-02-20470.75441.37-11.3792600Upward Expansion4628
2026-02-13461.97439.20-13.29182000Upward Expansion5742
2026-02-06464.90437.04-8.56149700Upward Expansion6163
2026-01-30461.97434.30-7.59468600Upward Expansion6474
2026-01-23490.24431.38-2.88428700Upward Expansion8790
2026-01-16481.47427.39-4.65227700Upward Expansion8379
2026-01-09464.90423.67-4.33127600Upward Expansion6950
2026-01-02453.20420.37-3.6742700Upward Expansion5944
2025-12-26461.00417.64-2.66101100Upward Expansion6849
2025-12-19455.15414.57-1.26110200Upward Expansion6348
2025-12-12450.28411.40-4.68104900Upward Expansion6149
2025-12-05451.25408.56-3.6851500Upward Expansion6451
2025-11-28455.15405.58-2.2478800Upward Expansion7260
2025-11-21448.33402.61-0.35353900Upward Expansion6768
2025-11-14443.46400.05-4.6875600Upward Expansion6477
2025-11-07447.36397.68-3.52167000Upward Expansion6981
2025-10-31444.43394.05-7.88218300Upward Expansion6973
2025-10-24454.18390.670.111169200Deceleration8059
2025-10-17436.63387.22-0.14726200Deceleration7042
2025-10-10411.29384.45-6.78145200Deceleration3521
2025-10-03402.52382.25-4.09205400Deceleration3722
2025-09-26413.24380.38-0.57113000Upward Expansion4433
2025-09-19406.61377.90-1.3191700Upward Expansion4941
2025-09-12408.50375.70-0.18132700Upward Expansion6356
2025-09-05418.93373.626.57110700Upward Expansion6764
2025-08-29423.67371.018.6499000Upward Expansion7469
2025-08-22427.46368.2810.12252300Upward Expansion8376
2025-08-15415.14365.295.42145000Upward Expansion7787
2025-08-08414.19362.509.29319700Upward Expansion8391
2025-08-01402.82359.689.10302300Upward Expansion7891
2025-07-25405.66357.248.261097300Upward Expansion9093
2025-07-18397.13354.4910.52464700Upward Expansion8682
2025-07-11382.91351.877.53130800Upward Expansion7256
2025-07-04374.38349.824.7385000Upward Expansion6037
2025-06-27370.59348.052.9759500Upward Expansion5637
2025-06-20369.64346.377.4752100Upward Expansion5637
2025-06-13365.85344.678.1066500Upward Expansion5234
2025-06-06371.54342.9710.23429500Upward Expansion6240
2025-05-30368.70341.118.97147100Upward Expansion6038
2025-05-23360.17339.418.9693900Upward Expansion5539
2025-05-16364.91338.178.81193500Upward Expansion5954
2025-05-09362.06336.998.8559500Upward Expansion6168
2025-05-02365.85335.8512.15141700Upward Expansion6552
2025-04-25371.54334.5517.721375100Upward Expansion7551
2025-04-18372.49333.0921.67429000Upward Expansion8250
2025-04-11338.37331.6914.79144900Upward Expansion4531
2025-04-04343.11331.3416.1981800Upward Expansion6251
2025-03-28350.69331.138.50105500Upward Expansion6960
2025-03-21353.61330.638.0674800Upward Expansion8263
2025-03-14345.30329.867.6235300Upward Expansion6854
2025-03-07346.22329.438.6198200Upward Expansion7661
2025-02-28338.83328.695.8035100Upward Expansion6565
2025-02-21340.68328.562.1362100Upward Expansion6784
2025-02-14346.22328.552.93100500Rotation Up8694
2025-02-07340.68328.572.3466100Rotation Up5178
2025-01-31341.60329.060.60539700Rotation Up5176
2025-01-24337.91329.41-1.4595900Rotation Up4766
2025-01-17331.45329.850.3026100Downward Expansion1432
2025-01-10329.60330.42-2.3956500Downward Expansion619
2025-01-03329.60330.96-4.3317700Downward Expansion-1216
2024-12-27323.14331.40-7.4671400Downward Expansion-3825
2024-12-20318.52332.01-5.4467000Downward Expansion-4631
2024-12-13321.29333.04-6.8157800Downward Expansion-4331
2024-12-06321.29333.88-6.2955100Downward Expansion-5640
2024-11-29320.37334.70-4.7735000Downward Expansion-6064
2024-11-22318.52335.48-5.7938600Downward Expansion-6271
2024-11-15314.83336.45-8.0235000Downward Expansion-7174
2024-11-08315.75336.73-10.0761100Downward Expansion-7167
2024-11-01317.60337.07-6.54127300Downward Expansion-6647
2024-10-25323.14337.38-4.9989200Downward Expansion-5937
2024-10-18329.60337.74-6.2138800Downward Expansion-5332
2024-10-11327.75337.75-8.6252500Downward Expansion-5435
2024-10-04326.83337.66-7.01486700Balance-5636
2024-09-27327.75337.67-10.01117500Balance-2922
2024-09-20330.47337.67-4.7233900Balance-2618
2024-09-13327.78337.41-2.9379600Rotation Down-3322
2024-09-06336.76337.18-0.0354100Rotation Down-1617
2024-08-30335.86336.65-6.3940400Rotation Down-2135
2024-08-23330.47336.21-7.6066800Deceleration-2331
2024-08-16332.27335.77-6.7342500Deceleration-1930
2024-08-09324.19336.42-1.42181800Deceleration-3232
2024-08-02334.96336.77-0.8960500Upward Expansion1314
2024-07-26340.35336.68-4.19195600Upward Expansion4128
2024-07-19346.64336.36-8.50236000Upward Expansion6048
2024-07-12355.62335.67-9.1073500Upward Expansion7269
2024-07-05352.03334.81-9.9777400Upward Expansion6757
2024-06-28351.13333.83-7.8140300Upward Expansion6846
2024-06-21348.43332.99-6.7258800Upward Expansion6339
2024-06-14345.74332.28-8.5363000Upward Expansion6041
2024-06-07343.05331.68-9.4832800Upward Expansion5944
2024-05-31341.25331.24-10.0662100Upward Expansion6261
2024-05-24349.33331.00-8.9539600Upward Expansion6977
2024-05-17346.64330.54-10.5643500Upward Expansion6676
2024-05-10345.74330.04-9.9666000Upward Expansion6670
2024-05-03343.94329.73-10.9892200Balance6661
2024-04-26347.54329.52-9.99412100Balance4335
2024-04-19323.29329.45-14.91144800Balance-4517
2024-04-12325.98330.16-20.2554600Balance-2813
2024-04-05326.88330.81-19.8776400Balance-2513
2024-03-29334.07331.51-21.63633200Balance-1411
2024-03-22329.64332.06-24.44206200Downward Expansion-2613
2024-03-15325.26332.16-22.1285000Downward Expansion-3416
2024-03-08327.01332.12-24.44151000Downward Expansion-4623
2024-03-01327.89332.48-25.4066000Downward Expansion-5139
2024-02-23322.63332.67-25.8157300Downward Expansion-5354
2024-02-16320.87333.17-25.7792400Downward Expansion-5742
2024-02-09320.87334.13-23.30104400Downward Expansion-5531
2024-02-02322.63336.12-21.86185300Downward Expansion-5122
2024-01-26317.37338.31-22.771404600Downward Expansion-3919
2024-01-19351.56340.74-15.25325500Downward Expansion1825
2024-01-12334.90342.28-18.7467300Downward Expansion-3117
2024-01-05332.27344.54-14.4464600Downward Expansion-4124
2023-12-29330.52346.44-15.44112100Downward Expansion-5637
2023-12-22326.13348.59-16.11125300Downward Expansion-6145
2023-12-15329.64350.47-14.88628500Downward Expansion-6249
2023-12-08322.63351.42-15.11522100Downward Expansion-7471
2023-12-01326.13352.61-17.1469100Downward Expansion-6868
2023-11-24327.01354.23-17.5276700Downward Expansion-6860
2023-11-17327.89355.70-17.30319200Downward Expansion-6961
2023-11-10329.64357.63-14.2966200Downward Expansion-6865
2023-11-03334.02360.41-11.4245500Downward Expansion-6164
2023-10-27335.78361.60-8.16108400Downward Expansion-5961
2023-10-20331.39363.49-10.0596500Downward Expansion-6855
2023-10-13336.65365.55-11.58511800Downward Expansion-5938
2023-10-06337.53367.40-7.58153800Downward Expansion-4831
Price vs TrendAbove+1.9%
Trend directionFalling-0.1%
Price vs current Fair ValuePremium+22.9%
Fair Value directionClosing upward+2.6%
Relative Strength vs benchmarkLagging-11.2%
Relative strength directionImproving+13.8%
Price momentumPositive+2.4%
Volume balanceSupply-led0.92ร—
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

63 / ยฑ100

+24.2 points since 2026-08-28

Energy

49 /100

-0.4 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
Balance23
Rotation Up62
Upward Expansion84
Deceleration49
Rotation Down16
Downward Expansion8

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 10%Rotation Up 6%Upward Expansion 41%Deceleration 12%Rotation Down 3%Downward Expansion 28%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Rotation Up2026-08-282026-09-25Developing-0.2%
Balance2026-07-172026-08-21Developing+1.1%
Downward Expansion2026-06-192026-07-10New+2.9%
Rotation Down2026-06-052026-06-12New+2.0%
Deceleration2026-03-132026-05-29Developing-2.4%
Upward Expansion2025-10-312026-03-06Established+5.9%
Deceleration2025-10-032025-10-24New+12.8%
Upward Expansion2025-02-212025-09-26Extended+21.3%
Rotation Up2025-01-242025-02-14New+2.5%
Downward Expansion2024-10-112025-01-17Established+1.1%
Balance2024-09-202024-10-04New-1.1%
Rotation Down2024-08-302024-09-13New-2.4%
Deceleration2024-08-092024-08-23New+1.9%
Upward Expansion2024-05-102024-08-02Established-3.1%
Classic Stage Analysis comparison
Stage 1 ยท Basing53
Stage 2 ยท Advancing44
Stage 3 ยท Distribution74
Stage 4 ยท Declining54

Legacy result: Stage 3 ยท Stage 3A ยท Churning. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^N225

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
17/100
Current Relative Strength
-11.20
Relative Strength direction
Improving
Price momentum
+2.4%
Excess performance vs benchmark
-22.0%
Communication Services regime cohort
74th percentile43 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.67ร—

Latest completed volume relative to typical participation.

Up/down volume0.92ร—

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 2

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+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 JPY 470.87rising
Slow Activity JPY 463.73rising
Trend Reference JPY 463.39+1.9% close margin
Current Fair Value JPY 383.94+22.9% close margin
Structural low JPY 438.00shock / 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 +1.6%
Annualized volatility +13.9%
From structural high -5.8%
From structural low +19.9%
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 ^N225 Regime survived Read
Near term3+0.8%-0.2% to +6.9%+66.7%+66.7%-0.1%+33.3%Too little matched history
Intermediate2+6.5%+3.0% to +10.0%+100.0%+100.0%+11.8%+0.0%Too little matched history
Extended2+17.1%+14.1% to +20.1%+100.0%+100.0%+14.9%+0.0%Too little matched history
Full cycle2+43.8%+42.5% to +45.1%+100.0%+100.0%+12.4%+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