Weekly structural research · VIE · Consumer Cyclical

PRX Stage Analysis

Prosus N.V.

Week ending 25 Sep 2026Close EUR 35.82Tenure ExtendedBenchmark ^ATX

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Downward Expansion · Established contraction

The weekly architecture is expanding downward.

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: weakening.
Activity structure: moderate and expanding.

Direction -67−100 bearish to +100 bullish

Energy 72/100directional strength

Maturity 75/100lifecycle context

Confidence 82/100evidence agreement

Trend gate Downstructural direction

Activity structure Moderateexpanding separation

Price acceptance -100.0%position within the Activity structure

Fair Value context -10.0%EUR 39.80 · weakening

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	35.82	39.48	-36.65	0	Downward Expansion	-67	72
2026-09-18	35.40	39.74	-37.12	200	Downward Expansion	-76	74
2026-09-11	35.71	40.02	-38.40	0	Downward Expansion	-74	66
2026-09-04	37.50	40.25	-36.01	0	Downward Expansion	-62	46
2026-08-28	38.24	40.53	-34.92	150	Downward Expansion	-43	21
2026-08-21	38.29	40.88	-34.18	0	Downward Expansion	-39	21
2026-08-14	37.71	41.28	-36.90	0	Downward Expansion	-46	20
2026-08-07	42.17	41.80	-29.38	0	Downward Expansion	-9	10
2026-07-31	39.97	42.18	-31.68	0	Downward Expansion	-42	28
2026-07-24	36.84	42.66	-37.63	0	Downward Expansion	-74	53
2026-07-17	38.60	43.18	-34.47	0	Downward Expansion	-60	47
2026-07-10	39.67	43.67	-34.59	0	Downward Expansion	-61	54
2026-07-03	37.03	44.15	-40.26	0	Downward Expansion	-74	72
2026-06-26	37.48	44.66	-38.64	0	Downward Expansion	-73	57
2026-06-19	38.58	45.20	-38.61	0	Downward Expansion	-68	50
2026-06-12	39.40	45.80	-35.22	0	Downward Expansion	-61	46
2026-06-05	40.35	46.48	-32.34	0	Downward Expansion	-60	47
2026-05-29	38.96	47.11	-35.85	774	Downward Expansion	-67	51
2026-05-22	39.09	47.80	-34.35	459	Downward Expansion	-69	52
2026-05-15	39.44	48.45	-32.84	0	Downward Expansion	-70	50
2026-05-08	41.56	49.04	-30.00	0	Downward Expansion	-48	35
2026-05-01	40.70	49.62	-30.81	0	Downward Expansion	-55	39
2026-04-24	41.62	50.33	-29.18	0	Downward Expansion	-53	43
2026-04-17	44.62	50.86	-27.06	20	Downward Expansion	-61	53
2026-04-10	41.86	51.27	-30.16	0	Downward Expansion	-65	64
2026-04-03	39.52	51.69	-30.07	448	Downward Expansion	-76	67
2026-03-27	38.85	52.13	-29.23	570	Downward Expansion	-86	71
2026-03-20	40.74	52.60	-25.10	382	Downward Expansion	-84	70
2026-03-13	46.81	53.01	-15.38	541	Downward Expansion	-67	71
2026-03-06	41.88	53.22	-26.44	0	Downward Expansion	-81	93
2026-02-27	43.72	53.49	-27.54	190	Downward Expansion	-74	90
2026-02-20	43.74	53.65	-29.13	0	Downward Expansion	-80	92
2026-02-13	42.56	53.91	-29.26	0	Downward Expansion	-92	96
2026-02-06	45.99	54.15	-24.54	0	Downward Expansion	-85	85
2026-01-30	48.60	54.22	-19.69	25	Deceleration	-52	60
2026-01-23	50.33	54.13	-15.67	0	Deceleration	-46	33
2026-01-16	53.41	54.03	-9.73	0	Deceleration	-19	20
2026-01-09	53.60	53.79	-8.18	0	Rotation Down	-19	22
2026-01-02	54.14	53.55	-6.27	0	Rotation Down	-21	36
2025-12-26	52.59	53.31	-7.20	0	Deceleration	-27	35
2025-12-19	53.34	53.06	-5.77	0	Deceleration	-3	26
2025-12-12	53.93	52.77	-2.40	0	Upward Expansion	3	24
2025-12-05	52.31	52.50	-5.04	0	Upward Expansion	5	17
2025-11-28	53.81	52.21	-1.07	127	Upward Expansion	30	20
2025-11-21	56.52	51.84	8.70	0	Upward Expansion	50	41
2025-11-14	59.83	51.31	13.76	0	Upward Expansion	69	58
2025-11-07	59.24	50.58	15.34	10	Upward Expansion	67	58
2025-10-31	59.57	49.80	15.02	0	Upward Expansion	72	64
2025-10-24	58.76	49.09	17.17	0	Upward Expansion	68	66
2025-10-17	57.02	48.56	16.25	0	Upward Expansion	67	68
2025-10-10	59.03	48.09	18.40	60	Upward Expansion	70	85
2025-10-03	61.84	47.57	22.07	17	Upward Expansion	94	95
2025-09-26	57.76	46.97	16.90	0	Upward Expansion	87	87
2025-09-19	56.66	46.43	15.65	0	Upward Expansion	87	75
2025-09-12	54.61	46.07	11.60	80	Upward Expansion	81	78
2025-09-05	52.73	45.69	9.51	0	Upward Expansion	67	80
2025-08-29	52.81	45.23	9.73	0	Upward Expansion	73	80
2025-08-22	53.29	44.71	7.23	0	Upward Expansion	82	76
2025-08-15	52.84	44.11	5.43	0	Upward Expansion	86	83
2025-08-08	50.27	43.51	3.32	0	Upward Expansion	70	71
2025-08-01	48.38	42.97	5.65	0	Upward Expansion	65	75
2025-07-25	51.57	42.63	10.12	0	Upward Expansion	88	90
2025-07-18	49.59	42.21	8.56	0	Upward Expansion	83	76
2025-07-11	48.10	41.87	5.81	0	Upward Expansion	76	65
2025-07-04	46.18	41.63	4.19	110	Upward Expansion	64	54
2025-06-27	47.19	41.42	5.96	20	Upward Expansion	72	68
2025-06-20	46.23	41.12	6.12	0	Upward Expansion	67	74
2025-06-13	46.30	40.84	6.03	0	Upward Expansion	69	76
2025-06-06	47.08	40.55	5.72	63	Upward Expansion	80	84
2025-05-30	45.12	40.26	2.09	0	Upward Expansion	69	77
2025-05-23	44.66	40.06	2.28	46	Upward Expansion	65	72
2025-05-16	45.72	39.88	3.62	0	Deceleration	73	63
2025-05-09	43.52	39.66	1.70	0	Deceleration	59	32
2025-05-02	42.83	39.52	4.91	0	Deceleration	29	20
2025-04-25	40.57	39.45	1.02	0	Deceleration	-10	24
2025-04-18	37.89	39.41	-1.92	0	Deceleration	-11	26
2025-04-11	35.76	39.27	-2.12	150	Deceleration	-2	17
2025-04-04	38.54	39.14	4.42	898	Upward Expansion	25	19
2025-03-28	42.84	38.96	5.01	0	Upward Expansion	58	46
2025-03-21	42.88	38.65	3.46	256	Upward Expansion	60	50
2025-03-14	43.36	38.32	4.14	0	Upward Expansion	65	78
2025-03-07	43.83	37.97	5.89	0	Upward Expansion	71	83
2025-02-28	41.66	37.58	4.61	448	Upward Expansion	62	74
2025-02-21	45.62	37.23	17.85	0	Rotation Up	88	79
2025-02-14	43.46	36.76	11.94	0	Rotation Up	67	46
2025-02-07	38.96	36.38	6.10	0	Rotation Down	21	21
2025-01-31	37.08	36.23	1.66	0	Rotation Down	-25	41
2025-01-24	35.42	36.09	-2.14	0	Rotation Down	-28	45
2025-01-17	34.62	36.01	-2.39	350	Rotation Down	-22	39
2025-01-10	34.06	35.99	-0.28	0	Rotation Down	-16	23
2025-01-03	38.31	36.00	12.54	0	Upward Expansion	57	48
2024-12-27	38.95	35.85	15.68	0	Upward Expansion	60	62
2024-12-20	39.22	35.66	18.54	26	Upward Expansion	58	49
2024-12-13	40.94	35.49	22.33	1023	Deceleration	75	54
2024-12-06	40.02	35.32	22.30	0	Deceleration	61	42
2024-11-29	38.04	35.12	18.23	0	Deceleration	41	32
2024-11-22	37.85	34.96	18.29	0	Deceleration	44	38
2024-11-15	37.74	34.74	17.56	0	Upward Expansion	48	46
2024-11-08	38.41	34.43	20.25	0	Upward Expansion	62	59
2024-11-01	39.17	34.15	23.90	0	Upward Expansion	65	79
2024-10-25	39.01	33.82	22.14	0	Upward Expansion	67	88
2024-10-18	39.22	33.48	21.85	200	Upward Expansion	66	88
2024-10-11	39.48	33.09	23.73	0	Upward Expansion	78	92
2024-10-04	40.70	32.68	28.31	253	Upward Expansion	92	92
2024-09-27	39.36	32.20	23.47	0	Deceleration	88	76
2024-09-20	33.51	31.79	6.55	0	Deceleration	44	24
2024-09-13	32.01	31.62	2.21	74	Deceleration	21	18
2024-09-06	32.95	31.52	5.74	0	Deceleration	37	30
2024-08-30	33.61	31.40	3.55	0	Deceleration	46	31
2024-08-23	33.17	31.22	3.31	0	Deceleration	20	13
2024-08-16	32.83	30.98	3.96	0	Deceleration	8	18
2024-08-09	31.98	30.75	3.07	300	Deceleration	6	23
2024-08-02	31.22	30.57	1.43	0	Deceleration	-1	17
2024-07-26	31.62	30.43	-1.55	0	Deceleration	27	22
2024-07-19	32.04	30.27	-0.51	0	Deceleration	41	26
2024-07-12	34.26	30.19	5.21	758	Deceleration	56	42
2024-07-05	32.88	30.06	0.88	0	Upward Expansion	47	42
2024-06-28	33.18	29.96	4.49	0	Upward Expansion	50	51
2024-06-21	34.04	29.84	7.72	0	Upward Expansion	63	59
2024-06-14	34.27	29.71	10.18	0	Upward Expansion	67	63
2024-06-07	33.89	29.55	5.23	0	Upward Expansion	65	75
2024-05-31	33.35	29.37	2.63	0	Upward Expansion	67	87
2024-05-24	34.11	29.18	3.30	20	Upward Expansion	67	88
2024-05-17	35.82	28.93	8.22	0	Upward Expansion	93	97
2024-05-10	33.88	28.59	4.11	147	Upward Expansion	90	95
2024-05-03	33.21	28.39	4.71	2333	Upward Expansion	92	89
2024-04-26	31.41	28.19	0.19	0	Upward Expansion	83	76
2024-04-19	28.22	28.07	-9.85	0	Upward Expansion	45	46
2024-04-12	30.06	28.06	-4.79	0	Balance	64	60
2024-04-05	29.19	28.05	-8.06	0	Balance	24	21
2024-03-29	28.91	28.05	-8.49	0	Downward Expansion	-16	13
2024-03-22	27.55	28.03	-12.27	375	Downward Expansion	-51	37
2024-03-15	27.14	28.07	-11.85	0	Downward Expansion	-50	36
2024-03-08	26.27	28.14	-14.20	340	Downward Expansion	-62	28
2024-03-01	27.02	28.28	-11.96	0	Downward Expansion	-36	28
2024-02-23	28.52	28.43	-7.42	0	Downward Expansion	2	24
2024-02-16	29.14	28.55	-6.14	0	Downward Expansion	-7	18
2024-02-09	29.17	28.59	-4.91	0	Downward Expansion	-21	19
2024-02-02	28.16	28.61	-10.62	0	Downward Expansion	-60	66
2024-01-26	26.17	28.64	-17.60	0	Downward Expansion	-69	81
2024-01-19	25.83	28.73	-16.42	0	Balance	-79	81
2024-01-12	26.68	28.84	-15.52	0	Balance	-59	49
2024-01-05	27.03	29.00	-15.69	0	Balance	-50	34
2023-12-29	26.68	29.12	-17.10	0	Rotation Up	-45	19
2023-12-22	29.53	29.18	-7.85	0	Rotation Up	24	44
2023-12-15	30.38	29.21	-4.28	0	Rotation Up	32	52
2023-12-08	29.86	29.22	-4.64	0	Rotation Up	25	36
2023-12-01	29.86	29.22	-4.57	0	Downward Expansion	23	33
2023-11-24	29.93	29.24	-2.45	0	Downward Expansion	-4	22
2023-11-17	29.60	29.27	-3.92	32	Downward Expansion	-19	16
2023-11-10	28.32	29.34	-5.89	1	Downward Expansion	-58	44
2023-11-03	27.79	29.42	-6.97	0	Downward Expansion	-62	53
2023-10-27	26.42	29.56	-6.46	0	Downward Expansion	-72	81
2023-10-20	25.89	29.77	-8.33	0	Downward Expansion	-83	81
2023-10-13	27.83	29.99	-4.87	366	Downward Expansion	-61	70
2023-10-06	27.05	30.06	-6.66	0	Downward Expansion	-80	75

Price vs TrendBelow-9.3%

Trend directionFalling-8.6%

Price vs current Fair ValueBelow anchor-10.0%

Fair Value directionMoving away-5.8%

Relative Strength vs benchmarkLagging-36.7%

Relative strength directionImproving+2.0%

Price momentumNegative-7.8%

Volume balanceSupply-led0.00×

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

-67 / ±100

-23.6 points since 2026-08-28

Energy

72 /100

+51.0 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.

PRX Directional State ↗ PRX Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance17

Rotation Up10

Upward Expansion16

Deceleration37

Rotation Down77

Downward Expansion94

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 3%Rotation Up 4%Upward Expansion 37%Deceleration 17%Rotation Down 5%Downward Expansion 34%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-02-06	2026-09-25	Extended	-22.1%
Deceleration	2026-01-16	2026-01-30	New	-9.0%
Rotation Down	2026-01-02	2026-01-09	New	-1.0%
Deceleration	2025-12-19	2025-12-26	New	-1.4%
Upward Expansion	2025-05-23	2025-12-12	Extended	+20.7%
Deceleration	2025-04-11	2025-05-16	Developing	+27.8%
Upward Expansion	2025-02-28	2025-04-04	Developing	-7.5%
Rotation Up	2025-02-14	2025-02-21	New	+5.0%
Rotation Down	2025-01-10	2025-02-07	Developing	+14.4%
Upward Expansion	2024-12-20	2025-01-03	New	-2.3%
Deceleration	2024-11-22	2024-12-13	New	+8.2%
Upward Expansion	2024-10-04	2024-11-15	Developing	-7.3%
Deceleration	2024-07-12	2024-09-27	Developing	+14.9%
Upward Expansion	2024-04-19	2024-07-05	Developing	+16.5%

Classic Stage Analysis comparison

Stage 1 · Basing55

Stage 2 · Advancing0

Stage 3 · Distribution18

Stage 4 · Declining100

Legacy result: Stage 4 · Stage 4B · Declining. 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.

Confirmation evidence

Lagging benchmark

Architecture confirmation: 85/100
Current Relative Strength: -36.65
Relative Strength direction: Improving
Price momentum: -7.8%
Excess performance vs benchmark: -39.5%
Consumer Cyclical regime cohort: 37th percentile46 in cohort

Test PRX trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.00×

Latest completed volume relative to typical participation.

Up/down volume0.00×

Participation balance between advancing and declining observations.

Accumulation / distribution0 / 2

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+12.5%

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 PRX Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity EUR 36.07falling

Slow Activity EUR 38.48falling

Trend Reference EUR 39.48-9.3% close margin

Current Fair Value EUR 39.80-10.0% close margin

Structural low EUR 35.29shock / 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 +5.8%

Annualized volatility +32.3%

From structural high -43.7%

From structural low +1.5%

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 move	Positive periods	Directional follow-through	Median excess vs ^ATX	Regime survived	Read
Near term	27	-3.4%-12.9% to +27.7%	+44.4%	+55.6%	-3.5%	+81.5%	Usable descriptive sample
Intermediate	9	-3.5%-16.8% to +43.6%	+33.3%	+66.7%	-11.6%	+55.6%	Usable descriptive sample
Extended	5	-7.7%-8.3% to +20.8%	+40.0%	+60.0%	-16.6%	+20.0%	Usable descriptive sample
Full cycle	2	+3.4%-8.1% to +14.8%	+50.0%	+50.0%	+3.9%	+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.

PRX Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding downward.

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

Lagging 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 downward.

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 ?

Lagging 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 ↗

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

Similar Charts

RMI Reversal Map