Weekly structural research ยท MEX ยท Technology

AMSN Stage Analysis

Amadeus IT Group, S.A.

Week ending 25 Sep 2026Close MXN 971.37Tenure ExtendedBenchmark ^MXX
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Downward Expansion ยท 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: improving.
  • Activity structure: moderate and contracting.
Direction -61โˆ’100 bearish to +100 bullish
Energy 65/100directional strength
Maturity 100/100lifecycle context
Confidence 74/100evidence agreement
Trend gate Downstructural direction
Activity structure Moderatecontracting separation
Price acceptance +0.0%position within the Activity structure
Fair Value context -23.4%MXN 1,267.97 ยท weakening
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
  • 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
2026-09-25971.371,013.23-15.660Downward Expansion-6165
2026-09-18971.371,014.52-14.440Downward Expansion-6386
2026-09-11971.371,015.81-16.090Downward Expansion-6587
2026-09-04971.371,017.10-18.180Downward Expansion-6688
2026-08-28971.371,027.78-19.860Downward Expansion-6789
2026-08-21971.371,038.46-21.120Downward Expansion-6988
2026-08-14971.371,049.14-20.430Downward Expansion-7692
2026-08-07971.371,059.82-24.340Downward Expansion-8795
2026-07-31971.371,071.80-25.270Downward Expansion-9598
2026-07-24971.371,083.78-25.590Downward Expansion-9698
2026-07-171,021.721,095.76-22.970Downward Expansion-6357
2026-07-101,021.721,106.06-23.720Downward Expansion-6045
2026-07-031,021.721,116.36-25.240Downward Expansion-5638
2026-06-261,059.091,126.66-23.410Downward Expansion-1821
2026-06-191,059.191,143.30-24.620Downward Expansion-2032
2026-06-121,059.011,159.94-25.620Downward Expansion-3133
2026-06-051,059.141,176.58-24.260Downward Expansion-4248
2026-05-291,079.371,193.22-26.17313Downward Expansion-5862
2026-05-221,021.931,209.19-30.440Downward Expansion-6989
2026-05-151,021.931,227.07-30.690Downward Expansion-7792
2026-05-081,021.931,244.95-33.160Downward Expansion-5957
2026-05-011,021.931,262.83-31.860Downward Expansion-5858
2026-04-241,022.941,280.71-33.7889Downward Expansion-5759
2026-04-171,100.341,298.56-30.04131Downward Expansion-5261
2026-04-101,025.451,313.82-35.630Downward Expansion-6367
2026-04-031,025.451,331.59-36.0769Downward Expansion-6568
2026-03-271,010.101,349.35-35.010Downward Expansion-6688
2026-03-201,010.101,367.62-33.200Downward Expansion-6789
2026-03-131,010.101,385.90-35.460Downward Expansion-6989
2026-03-061,010.101,404.17-37.770Rotation Down-8795
2026-02-271,010.101,422.45-41.990Rotation Down-9478
2026-02-201,010.101,440.72-42.720Rotation Down-9980
2026-02-131,010.101,459.00-43.32171Downward Expansion-9979
2026-02-061,291.751,477.27-27.550Downward Expansion-7070
2026-01-301,291.751,486.16-24.640Downward Expansion-7672
2026-01-231,291.751,491.74-25.820Downward Expansion-8474
2026-01-161,291.751,497.30-25.18270Downward Expansion-9177
2026-01-091,330.721,502.85-22.150Downward Expansion-6789
2026-01-021,330.721,507.11-20.270Downward Expansion-6789
2025-12-261,330.721,511.37-22.510Downward Expansion-8695
2025-12-191,330.721,515.62-20.930Rotation Down-9598
2025-12-121,330.721,519.88-22.230Rotation Down-6889
2025-12-051,330.721,524.14-20.9550Rotation Down-5785
2025-11-281,558.34โ€”โ€”0Not yet classifiedโ€”โ€”
2025-11-211,558.34โ€”โ€”0Not yet classifiedโ€”โ€”
2025-11-141,558.34โ€”โ€”0Not yet classifiedโ€”โ€”
2025-11-071,558.34โ€”โ€”0Not yet classifiedโ€”โ€”
2025-10-311,558.34โ€”โ€”0Not yet classifiedโ€”โ€”
2025-10-241,558.34โ€”โ€”0Not yet classifiedโ€”โ€”
2025-10-171,558.34โ€”โ€”0Not yet classifiedโ€”โ€”
2025-10-101,558.34โ€”โ€”0Not yet classifiedโ€”โ€”
2025-10-031,558.341,513.81-6.680Deceleration5661
2025-09-261,558.341,513.50-7.230Deceleration5663
2025-09-191,558.341,513.19-5.620Deceleration5764
2025-09-121,558.341,509.72-6.600Deceleration5765
2025-09-051,558.341,506.25-4.640Upward Expansion6367
2025-08-291,558.341,502.79-1.640Upward Expansion6568
2025-08-221,558.341,499.32-2.270Upward Expansion6676
2025-08-151,558.341,495.86-0.510Upward Expansion6789
2025-08-081,558.341,489.770.210Upward Expansion6789
2025-08-011,558.341,483.672.540Upward Expansion8695
2025-07-251,558.341,477.572.070Upward Expansion9598
2025-07-181,558.341,471.474.270Deceleration8695
2025-07-111,558.341,465.374.04232Deceleration7368
2025-07-041,459.311,459.26-4.540Deceleration-1933
2025-06-271,458.421,456.46-3.470Deceleration332
2025-06-201,458.421,453.69-1.370Deceleration153
2025-06-131,458.421,450.92-3.170Deceleration-057
2025-06-061,458.421,448.15-4.040Deceleration-762
2025-05-301,458.421,445.38-3.520Deceleration-1066
2025-05-231,458.421,442.61-4.220Deceleration-739
2025-05-161,458.421,439.84-3.270Deceleration-742
2025-05-091,458.421,437.07-0.490Deceleration-443
2025-05-021,458.421,434.301.380Deceleration746
2025-04-251,458.421,431.530.320Deceleration2150
2025-04-181,458.421,428.767.910Upward Expansion4034
2025-04-111,458.421,425.9811.891896Upward Expansion5560
2025-04-041,548.911,423.2119.880Upward Expansion6769
2025-03-281,548.911,412.5017.110Upward Expansion6789
2025-03-211,548.911,401.7919.250Rotation Up8073
2025-03-141,548.911,391.0720.720Rotation Up9378
2025-03-071,548.911,380.3620.680Rotation Up9879
2025-02-281,548.911,369.6522.59295Upward Expansion9980
2025-02-211,454.371,358.9412.800Upward Expansion6989
2025-02-141,454.371,351.3712.620Upward Expansion8775
2025-02-071,454.371,343.8115.850Upward Expansion9799
2025-01-311,454.371,336.2520.130Upward Expansion9699
2025-01-241,454.371,328.0420.54389Upward Expansion9598
2025-01-171,375.801,319.8017.960Deceleration9398
2025-01-101,375.30โ€”โ€”0Not yet classifiedโ€”โ€”
2025-01-031,375.30โ€”โ€”0Not yet classifiedโ€”โ€”
2024-12-271,375.30โ€”โ€”0Not yet classifiedโ€”โ€”
2024-12-201,375.30โ€”โ€”0Not yet classifiedโ€”โ€”
2024-12-131,375.30โ€”โ€”0Not yet classifiedโ€”โ€”
2024-12-061,375.301,285.1118.260Deceleration5763
2024-11-291,375.301,274.8022.390Deceleration5764
2024-11-221,375.301,264.4921.480Deceleration5765
2024-11-151,375.301,254.1722.140Deceleration5765
2024-11-081,375.301,242.0419.640Upward Expansion6367
2024-11-011,375.301,230.0423.150Upward Expansion6568
2024-10-251,375.301,218.6421.080Upward Expansion6668
2024-10-181,375.301,207.2418.750Upward Expansion6789
2024-10-111,375.301,195.8520.600Upward Expansion6789
2024-10-041,375.301,190.0720.540Upward Expansion8474
2024-09-271,375.301,184.2920.580Upward Expansion9578
2024-09-201,375.301,178.5122.420Upward Expansion9578
2024-09-131,375.301,172.7323.21255Upward Expansion9378
2024-09-061,227.521,166.9512.330Upward Expansion6387
2024-08-301,227.521,166.108.590Upward Expansion6588
2024-08-231,227.521,165.247.510Upward Expansion6688
2024-08-161,227.521,164.396.400Upward Expansion6789
2024-08-091,227.521,163.548.520Upward Expansion6887
2024-08-021,227.521,162.1710.290Upward Expansion7189
2024-07-261,227.521,162.049.210Rotation Up7691
2024-07-191,227.521,161.907.510Rotation Up5262
2024-07-121,227.521,161.774.981415Rotation Up5884
2024-07-051,208.031,161.638.400Rotation Up3375
2024-06-281,207.231,161.538.090Rotation Up3376
2024-06-211,207.231,160.757.280Rotation Up3677
2024-06-141,207.231,155.838.350Rotation Up3574
2024-06-071,207.231,150.906.800Rotation Up4259
2024-05-311,207.231,145.982.471600Rotation Up4857
2024-05-241,191.321,141.060.510Rotation Up2846
2024-05-171,191.321,136.66-3.471412Rotation Up-532
2024-05-101,065.901,132.27-14.030Downward Expansion-5662
2024-05-031,065.901,133.42-13.490Downward Expansion-6768
2024-04-261,065.901,134.57-14.85795Rotation Down-6989
2024-04-191,011.311,135.71-16.682737Rotation Down-5785
2024-04-121,015.341,141.39-17.713470Rotation Down-6688
2024-04-051,033.351,146.94-18.700Rotation Down-5784
2024-03-291,033.351,151.88-17.960Rotation Down-5874
2024-03-221,033.351,156.83-17.121800Rotation Down-5571
2024-03-151,201.921,161.77-3.260Upward Expansion6184
2024-03-081,201.921,161.10-1.080Upward Expansion6082
2024-03-011,201.921,160.55-2.190Deceleration5076
2024-02-231,201.921,160.50-3.990Deceleration4644
2024-02-161,201.921,162.01-4.720Deceleration4647
2024-02-091,201.921,163.51-5.100Deceleration4850
2024-02-021,201.921,165.22-6.770Rotation Up2238
2024-01-261,201.921,166.91-4.600Rotation Up2647
2024-01-191,201.921,169.61-2.23270Rotation Up3956
2024-01-121,186.561,171.96-3.721017Rotation Up3272
2024-01-051,223.471,174.83-1.710Rotation Up3678
2023-12-291,223.471,176.64-3.690Rotation Up4179
2023-12-221,223.471,178.45-3.540Rotation Up5063
2023-12-151,223.471,180.27-3.12205Rotation Up3657
2023-12-081,204.941,181.640.29451Rotation Up739
2023-12-011,183.831,183.21-0.391075Rotation Up-2038
2023-11-241,059.541,185.49-9.060Downward Expansion-6789
2023-11-171,059.541,191.90-8.510Downward Expansion-6989
2023-11-101,059.541,197.30-5.840Downward Expansion-7792
2023-11-031,059.541,200.79-5.680Downward Expansion-8695
2023-10-271,059.541,204.27-1.100Downward Expansion-9097
2023-10-201,059.541,207.750.51900Downward Expansion-9699
2023-10-131,100.331,211.232.190Downward Expansion-9197
2023-10-061,100.331,213.351.700Downward Expansion-9799
Price vs TrendBelow-4.1%
Trend directionFalling-7.5%
Price vs current Fair ValueBelow anchor-23.4%
Fair Value directionMoving away-5.8%
Relative Strength vs benchmarkLagging-15.7%
Relative strength directionImproving+7.7%
Price momentumNegative-3.8%
Volume balanceSupply-ledร—
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

-61 / ยฑ100

+6.0 points since 2026-08-28

Energy

65 /100

-23.4 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
Balance31
Rotation Up30
Upward Expansion12
Deceleration60
Rotation Down44
Downward Expansion72

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 143 classified observations out of 156 shown.

Rotation Up 17%Upward Expansion 24%Deceleration 18%Rotation Down 8%Downward Expansion 33%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Downward Expansion2026-03-132026-09-25Extended-3.8%
Rotation Down2026-02-202026-03-06New+0.0%
Downward Expansion2025-12-262026-02-13Developing-24.1%
Rotation Down2025-12-052025-12-19New+0.0%
Deceleration2025-09-122025-10-03New+0.0%
Upward Expansion2025-07-252025-09-05Developing+0.0%
Deceleration2025-04-252025-07-18Established+6.9%
Upward Expansion2025-03-282025-04-18New-5.8%
Rotation Up2025-03-072025-03-21New+0.0%
Upward Expansion2025-01-242025-02-28Developing+6.5%
Deceleration2024-11-152025-01-17Developing+0.0%
Upward Expansion2024-08-022024-11-08Established+12.0%
Rotation Up2024-05-172024-07-26Developing+3.0%
Downward Expansion2024-05-032024-05-10New+0.0%
Classic Stage Analysis comparison
Stage 1 ยท Basing65
Stage 2 ยท Advancing0
Stage 3 ยท Distribution15
Stage 4 ยท Declining100

Legacy result: Stage 4 ยท Stage 4B ยท Declining. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^MXX

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
84/100
Current Relative Strength
-15.66
Relative Strength direction
Improving
Price momentum
-3.8%
Excess performance vs benchmark
-1.3%
Technology regime cohort
37th percentile19 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.00ร—

Latest completed volume relative to typical participation.

Up/down volumeร—

Participation balance between advancing and declining observations.

Accumulation / distribution0 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity MXN 971.37stable
Slow Activity MXN 1,001.77falling
Trend Reference MXN 1,013.23-4.1% close margin
Current Fair Value MXN 1,267.97-23.4% close margin
Structural low MXN 971.37shock / 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 +0.7%
Annualized volatility +18.8%
From structural high -37.7%
From structural low +0.0%
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 ^MXX Regime survived Read
Near term22-0.1%-21.8% to +13.3%+31.8%+50.0%-1.4%+81.8%Usable descriptive sample
Intermediate8-1.7%-24.1% to +15.4%+50.0%+50.0%-2.2%+62.5%Usable descriptive sample
Extended5-6.1%-24.6% to +29.0%+40.0%+60.0%-8.5%+40.0%Usable descriptive sample
Full cycle2+8.2%-8.6% to +25.0%+50.0%+50.0%+4.9%+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.

Evidence context