Weekly structural research · TOR · Technology

DBO Stage Analysis

D-BOX Technologies Inc.

Week ending 25 Sep 2026Close CAD 1.10Tenure NewBenchmark ^GSPTSE

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Deceleration · 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 12−100 bearish to +100 bullish

Energy 19/100directional strength

Maturity 68/100lifecycle context

Confidence 72/100evidence agreement

Trend gate Upstructural direction

Activity structure Compressedcontracting separation

Price acceptance -16.7%position within the Activity structure

Fair Value context +180.9%CAD 0.3916 · 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.
Downward ExpansionDowntrend is established.

View chart values · 156 observations

Week	Close	Trend	Relative Strength	Volume	Regime	Direction	Energy
2026-09-25	1.10	0.9873	18.97	8378100	Deceleration	12	19
2026-09-18	1.04	0.977	13.84	2207700	Deceleration	5	20
2026-09-11	1.06	0.9673	17.65	1039500	Deceleration	31	30
2026-09-04	1.11	0.9587	21.77	868400	Deceleration	39	27
2026-08-28	1.11	0.9507	23.05	849900	Upward Expansion	47	38
2026-08-21	1.13	0.941	26.55	301400	Upward Expansion	61	52
2026-08-14	1.15	0.931	30.20	1465300	Upward Expansion	63	59
2026-08-07	1.27	0.9197	47.16	561800	Upward Expansion	80	70
2026-07-31	1.22	0.9057	48.91	306400	Upward Expansion	76	67
2026-07-24	1.19	0.8953	47.67	886100	Upward Expansion	74	67
2026-07-17	1.14	0.8863	44.62	301800	Upward Expansion	66	84
2026-07-10	1.11	0.8793	43.28	157100	Upward Expansion	68	88
2026-07-03	1.19	0.8753	56.75	314700	Upward Expansion	78	92
2026-06-26	1.17	0.8637	58.45	394500	Upward Expansion	83	94
2026-06-19	1.16	0.8467	60.45	354800	Upward Expansion	89	91
2026-06-12	1.14	0.8293	61.44	1949400	Upward Expansion	88	72
2026-06-05	0.92	0.8127	35.26	581100	Upward Expansion	68	37
2026-05-29	0.80	0.7987	18.18	1517400	Upward Expansion	38	27
2026-05-22	0.84	0.7863	26.90	899900	Upward Expansion	59	52
2026-05-15	0.89	0.7727	39.31	1125100	Upward Expansion	66	66
2026-05-08	0.90	0.7563	42.62	2070700	Upward Expansion	71	62
2026-05-01	0.86	0.7403	39.84	1475500	Deceleration	61	45
2026-04-24	0.84	0.727	39.34	967500	Deceleration	47	35
2026-04-17	0.84	0.7133	40.38	1328700	Deceleration	46	30
2026-04-10	0.80	0.70	39.15	1034700	Deceleration	27	14
2026-04-03	0.80	0.6883	44.52	1263000	Deceleration	11	14
2026-03-27	0.75	0.6767	43.12	2832200	Deceleration	2	18
2026-03-20	0.67	0.666	33.07	2706800	Deceleration	-8	22
2026-03-13	0.70	0.6563	36.17	2476100	Deceleration	-0	16
2026-03-06	0.72	0.6463	40.26	2685000	Deceleration	12	16
2026-02-27	0.79	0.6323	50.98	5572900	Deceleration	34	19
2026-02-20	0.75	0.615	48.46	4720800	Deceleration	37	23
2026-02-13	0.80	0.6003	64.94	5872600	Deceleration	42	32
2026-02-06	0.87	0.5837	86.90	2892900	Deceleration	45	35
2026-01-30	0.82	0.564	84.44	2063000	Deceleration	44	36
2026-01-23	0.83	0.547	84.97	3951200	Upward Expansion	49	46
2026-01-16	0.81	0.529	86.26	5236100	Upward Expansion	62	59
2026-01-09	0.85	0.51	103.41	2077500	Upward Expansion	66	66
2026-01-02	0.91	0.49	129.64	3338600	Upward Expansion	68	68
2025-12-26	0.92	0.4697	139.54	1307900	Upward Expansion	73	90
2025-12-19	0.93	0.447	153.04	3164100	Upward Expansion	85	94
2025-12-12	0.99	0.4227	181.99	9222600	Upward Expansion	98	99
2025-12-05	0.84	0.396	152.18	8047700	Upward Expansion	96	98
2025-11-28	0.66	0.374	105.79	2205200	Upward Expansion	84	94
2025-11-21	0.64	0.3573	114.07	6630500	Upward Expansion	88	94
2025-11-14	0.64	0.341	119.77	7405600	Upward Expansion	89	84
2025-11-07	0.50	0.3243	79.79	4568900	Deceleration	74	48
2025-10-31	0.43	0.3123	56.82	1528100	Deceleration	42	31
2025-10-24	0.43	0.3037	59.76	1856300	Upward Expansion	45	36
2025-10-17	0.40	0.295	53.17	852200	Upward Expansion	49	41
2025-10-10	0.42	0.2873	65.61	1440600	Upward Expansion	62	52
2025-10-03	0.46	0.279	81.63	2057500	Upward Expansion	72	63
2025-09-26	0.43	0.2697	78.36	1735000	Upward Expansion	66	76
2025-09-19	0.44	0.2617	87.02	2564700	Upward Expansion	69	83
2025-09-12	0.45	0.2537	99.58	3124400	Upward Expansion	76	89
2025-09-05	0.45	0.2447	106.93	2540300	Upward Expansion	81	90
2025-08-29	0.43	0.2343	106.77	2081300	Upward Expansion	82	82
2025-08-22	0.38	0.2247	89.39	4262400	Upward Expansion	75	57
2025-08-15	0.40	0.2167	107.55	7589600	Upward Expansion	85	58
2025-08-08	0.30	0.2087	60.77	931000	Upward Expansion	62	44
2025-08-01	0.27	0.2037	51.58	7102800	Upward Expansion	59	45
2025-07-25	0.31	0.20	74.29	6362700	Upward Expansion	69	57
2025-07-18	0.30	0.195	74.03	5908800	Upward Expansion	67	58
2025-07-11	0.28	0.1903	68.22	767300	Upward Expansion	63	58
2025-07-04	0.31	0.1857	90.38	1359000	Upward Expansion	81	67
2025-06-27	0.29	0.1797	85.12	5475000	Upward Expansion	80	73
2025-06-20	0.24	0.1743	58.06	1742400	Upward Expansion	66	86
2025-06-13	0.25	0.1707	67.61	3816800	Upward Expansion	68	88
2025-06-06	0.30	0.1667	105.74	3759900	Upward Expansion	97	98
2025-05-30	0.24	0.1603	70.50	3268900	Upward Expansion	92	92
2025-05-23	0.20	0.1557	46.39	374000	Upward Expansion	75	71
2025-05-16	0.19	0.1523	40.70	811200	Deceleration	55	36
2025-05-09	0.18	0.1493	38.45	654000	Deceleration	40	18
2025-05-02	0.16	0.147	26.33	507800	Deceleration	4	20
2025-04-25	0.15	0.145	21.24	323500	Deceleration	5	20
2025-04-18	0.14	0.1433	16.67	926300	Deceleration	-5	17
2025-04-11	0.14	0.142	20.65	1532600	Deceleration	11	14
2025-04-04	0.17	0.1407	50.07	586100	Deceleration	37	22
2025-03-28	0.17	0.1387	42.42	407500	Upward Expansion	41	27
2025-03-21	0.17	0.1367	42.83	786700	Upward Expansion	55	40
2025-03-14	0.17	0.1343	46.85	761100	Upward Expansion	60	64
2025-03-07	0.18	0.1323	56.28	592400	Upward Expansion	60	69
2025-02-28	0.19	0.1293	62.95	1778900	Upward Expansion	67	69
2025-02-21	0.20	0.1257	75.63	3641700	Deceleration	78	58
2025-02-14	0.18	0.1213	58.51	3748000	Deceleration	69	36
2025-02-07	0.14	0.1177	25.26	353300	Deceleration	37	20
2025-01-31	0.14	0.1153	25.76	544600	Upward Expansion	41	25
2025-01-24	0.14	0.1133	26.75	1249000	Upward Expansion	56	38
2025-01-17	0.16	0.1113	47.99	438700	Upward Expansion	64	49
2025-01-10	0.15	0.1087	41.73	340800	Upward Expansion	64	55
2025-01-03	0.16	0.1063	50.54	2517200	Upward Expansion	71	61
2024-12-27	0.16	0.104	53.67	391400	Upward Expansion	77	61
2024-12-20	0.16	0.1017	56.45	711800	Upward Expansion	84	69
2024-12-13	0.14	0.099	34.60	1576800	Upward Expansion	74	72
2024-12-06	0.13	0.097	23.62	834100	Upward Expansion	67	78
2024-11-29	0.13	0.0953	24.20	691100	Upward Expansion	71	80
2024-11-22	0.13	0.0937	25.89	510800	Upward Expansion	76	75
2024-11-15	0.13	0.092	29.07	3803500	Deceleration	77	57
2024-11-08	0.11	0.0903	10.19	222300	Deceleration	57	29
2024-11-01	0.10	0.0897	1.94	142200	Deceleration	37	22
2024-10-25	0.10	0.0893	0.63	55900	Deceleration	38	24
2024-10-18	0.10	0.089	-1.40	56100	Deceleration	40	27
2024-10-11	0.11	0.0887	9.39	52500	Deceleration	55	34
2024-10-04	0.10	0.0877	0.42	378100	Upward Expansion	42	27
2024-09-27	0.10	0.0873	0.78	103600	Upward Expansion	57	41
2024-09-20	0.10	0.087	0.48	184500	Upward Expansion	63	66
2024-09-13	0.10	0.0867	1.12	208700	Upward Expansion	65	75
2024-09-06	0.11	0.086	14.75	179500	Upward Expansion	75	86
2024-08-30	0.11	0.085	11.64	603100	Rotation Up	75	74
2024-08-23	0.10	0.0843	1.46	1086900	Rotation Up	37	42
2024-08-16	0.11	0.084	12.09	1445900	Rotation Up	39	35
2024-08-09	0.09	0.0833	-5.35	309300	Downward Expansion	-16	11
2024-08-02	0.08	0.0833	-15.88	126200	Downward Expansion	-60	61
2024-07-26	0.07	0.0837	-28.72	323500	Downward Expansion	-70	73
2024-07-19	0.07	0.0843	-28.90	337500	Downward Expansion	-75	72
2024-07-12	0.07	0.085	-29.41	204400	Downward Expansion	-73	62
2024-07-05	0.08	0.0857	-17.74	335900	Downward Expansion	-51	41
2024-06-28	0.08	0.086	-17.56	246800	Downward Expansion	-50	24
2024-06-21	0.08	0.086	-16.81	35100	Downward Expansion	-36	18
2024-06-14	0.08	0.0863	-17.64	264400	Downward Expansion	-36	19
2024-06-07	0.09	0.0867	-9.60	584900	Downward Expansion	-14	12
2024-05-31	0.09	0.087	-11.02	1087200	Downward Expansion	-21	14
2024-05-24	0.08	0.0873	-21.40	210600	Downward Expansion	-56	52
2024-05-17	0.08	0.088	-22.38	270500	Downward Expansion	-57	61
2024-05-10	0.08	0.0887	-22.28	33000	Downward Expansion	-57	60
2024-05-03	0.08	0.0893	-21.42	295500	Downward Expansion	-54	51
2024-04-26	0.08	0.09	-21.90	1084500	Balance	-53	36
2024-04-19	0.08	0.091	-22.02	663900	Balance	-52	22
2024-04-12	0.09	0.092	-13.23	312000	Balance	-9	9
2024-04-05	0.09	0.0923	-15.07	452400	Balance	-24	11
2024-03-29	0.09	0.093	-15.01	167300	Downward Expansion	-27	13
2024-03-22	0.09	0.0937	-14.79	541500	Downward Expansion	-32	16
2024-03-15	0.08	0.0943	-23.95	151700	Downward Expansion	-68	32
2024-03-08	0.09	0.095	-14.34	85800	Downward Expansion	-36	20
2024-03-01	0.09	0.0953	-13.91	1004900	Downward Expansion	-52	36
2024-02-23	0.09	0.0957	-13.75	451000	Downward Expansion	-54	41
2024-02-16	0.08	0.096	-22.99	485800	Downward Expansion	-73	54
2024-02-09	0.08	0.0967	-22.28	855500	Downward Expansion	-75	48
2024-02-02	0.09	0.0973	-13.07	39700	Downward Expansion	-39	27
2024-01-26	0.09	0.0977	-13.42	248900	Downward Expansion	-41	32
2024-01-19	0.09	0.098	-12.55	96500	Downward Expansion	-44	48
2024-01-12	0.09	0.0983	-13.09	183700	Downward Expansion	-44	39
2024-01-05	0.09	0.099	-12.92	128500	Downward Expansion	-45	36
2023-12-29	0.09	0.0993	-13.09	38000	Downward Expansion	-56	42
2023-12-22	0.09	0.0997	-12.88	201200	Downward Expansion	-61	65
2023-12-15	0.09	0.10	-11.32	413300	Downward Expansion	-61	71
2023-12-08	0.09	0.1003	-10.54	548700	Downward Expansion	-63	78
2023-12-01	0.08	0.1007	-21.13	275400	Downward Expansion	-90	90
2023-11-24	0.09	0.1013	-10.07	253300	Downward Expansion	-71	67
2023-11-17	0.09	0.1023	-10.37	839300	Balance	-72	57
2023-11-10	0.10	0.103	2.41	833000	Balance	-40	30
2023-11-03	0.10	0.1033	1.97	243800	Balance	-38	27
2023-10-27	0.10	0.1033	8.28	179900	Balance	-37	23
2023-10-20	0.10	0.1037	6.65	312800	Balance	-9	9
2023-10-13	0.10	0.1033	5.15	184000	Balance	2	3
2023-10-06	0.10	0.103	6.66	316200	Upward Expansion	24	10

Price vs TrendAbove+11.4%

Trend directionRising+11.4%

Price vs current Fair ValuePremium+180.9%

Fair Value directionMoving away-102.4%

Relative Strength vs benchmarkLeading+19.0%

Relative strength directionWeakening-39.5%

Price momentumPositive+46.7%

Volume balanceDemand-led1.79×

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

12 / ±100

-35.3 points since 2026-08-28

Energy

19 /100

-18.7 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.

DBO Directional State ↗ DBO Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance61

Rotation Up17

Upward Expansion47

Deceleration88

Rotation Down36

Downward Expansion27

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 6%Rotation Up 2%Upward Expansion 47%Deceleration 23%Downward Expansion 22%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Deceleration	2026-09-04	2026-09-25	New	-0.9%
Upward Expansion	2026-05-08	2026-08-28	Established	+23.3%
Deceleration	2026-01-30	2026-05-01	Established	+4.9%
Upward Expansion	2025-11-14	2026-01-23	Developing	+29.7%
Deceleration	2025-10-31	2025-11-07	New	+16.3%
Upward Expansion	2025-05-23	2025-10-24	Established	+115.0%
Deceleration	2025-04-04	2025-05-16	Developing	+11.8%
Upward Expansion	2025-02-28	2025-03-28	Developing	-10.5%
Deceleration	2025-02-07	2025-02-21	New	+42.9%
Upward Expansion	2024-11-22	2025-01-31	Developing	+7.7%
Deceleration	2024-10-11	2024-11-15	Developing	+18.2%
Upward Expansion	2024-09-06	2024-10-04	Developing	-9.1%
Rotation Up	2024-08-16	2024-08-30	New	+0.0%
Downward Expansion	2024-05-03	2024-08-09	Established	+12.5%

Classic Stage Analysis comparison

Stage 1 · Basing0

Stage 2 · Advancing100

Stage 3 · Distribution73

Stage 4 · Declining0

Legacy result: Stage 2 · Stage 2B · Advancing. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^GSPTSE

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

Leading benchmark

Architecture confirmation: 11/100
Current Relative Strength: 18.97
Relative Strength direction: Weakening
Price momentum: +46.7%
Excess performance vs benchmark: +34.7%
Technology regime cohort: 38th percentile8 in cohort

Test DBO trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume6.85×

Latest completed volume relative to typical participation.

Up/down volume1.79×

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 2

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.

Explore DBO Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CAD 1.08falling

Slow Activity CAD 1.07rising

Trend Reference CAD 0.9873+11.4% close margin

Current Fair Value CAD 0.3916+180.9% close margin

Structural low CAD 0.74shock / 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 +6.9%

Annualized volatility +45.0%

From structural high -16.7%

From structural low +182.1%

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 ^GSPTSE	Regime survived	Read
Near term	13	+0.0%-5.9% to +53.5%	+38.5%	+38.5%	+2.5%	+53.8%	Usable descriptive sample
Intermediate	7	+36.4%+4.9% to +90.7%	+100.0%	+100.0%	+35.2%	+42.9%	Usable descriptive sample
Extended	4	+63.6%-10.0% to +200.0%	+75.0%	+75.0%	+59.4%	+50.0%	Too little matched history
Full cycle	2	+130.9%-20.0% to +281.8%	+50.0%	+50.0%	+113.9%	+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.

DBO Stage Analysis

What the Activity Line geometry says now

The upward structure remains, but its energy is decelerating.

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

Leading 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 upward structure remains, but its energy is decelerating.

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 ?

Leading 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 ↗

Volume & Price ↗

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

Volume & Price

Similar Charts

RMI Reversal Map