Weekly structural research · NASDAQ · Healthcare

HOWL Stage Analysis

Werewolf Therapeutics Inc

Week ending 9 Oct 2026Close USD 0.9796Tenure NewBenchmark QQQ

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Upward Expansion · Early expansion

The weekly architecture is expanding upward.

Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing.

The Trend gate is up within the current regime.
Fast Activity versus Slow Activity: stable.
Activity structure: wide and contracting.

Direction 67−100 bearish to +100 bullish

Energy 60/100directional strength

Maturity 31/100lifecycle context

Confidence 90/100evidence agreement

Trend gate Upstructural direction

Activity structure Widecontracting separation

Price acceptance +66.7%position within the Activity structure

Fair Value context -51.5%USD 2.02 · improving

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
2026-10-09	0.9796	0.6578	13.00	2235847	Upward Expansion	67	60
2026-10-02	0.9281	0.6512	4.74	3275232	Rotation Up	65	66
2026-09-25	0.9599	0.6413	5.35	1852434	Rotation Up	40	76
2026-09-18	0.965	0.6293	5.77	5501694	Rotation Up	42	79
2026-09-11	0.982	0.6195	6.74	2989673	Rotation Up	41	78
2026-09-04	0.9663	0.6085	2.79	5378664	Rotation Up	46	74
2026-08-28	0.9433	0.5967	-0.77	34644971	Rotation Up	48	50
2026-08-21	0.8735	0.5873	-9.02	359480975	Rotation Up	19	24
2026-08-14	0.4047	0.5807	-59.54	1145194	Downward Expansion	-43	33
2026-08-07	0.3971	0.5855	-60.83	1783779	Downward Expansion	-45	35
2026-07-31	0.3531	0.5924	-64.13	5303072	Downward Expansion	-52	38
2026-07-24	0.427	0.6021	-57.29	4223537	Downward Expansion	-49	40
2026-07-17	0.368	0.6097	-64.61	3498377	Downward Expansion	-62	51
2026-07-10	0.403	0.6203	-63.79	4591577	Downward Expansion	-65	63
2026-07-03	0.3404	0.6436	-69.47	5722661	Downward Expansion	-68	75
2026-06-26	0.323	0.6639	-71.29	3329709	Downward Expansion	-73	78
2026-06-19	0.3513	0.6865	-70.68	4540524	Downward Expansion	-73	79
2026-06-12	0.381	0.7039	-68.04	3227885	Downward Expansion	-72	80
2026-06-05	0.3923	0.7218	-67.02	1986849	Downward Expansion	-74	79
2026-05-29	0.45	0.7471	-64.73	2021505	Downward Expansion	-71	74
2026-05-22	0.4436	0.7757	-64.90	3610741	Balance	-73	58
2026-05-15	0.5151	0.82	-59.48	3538548	Balance	-59	40
2026-05-08	0.68	0.8561	-47.47	3874041	Balance	-38	21
2026-05-01	0.723	0.8878	-41.50	2364523	Balance	-16	11
2026-04-24	0.813	0.932	-33.75	959843	Balance	-1	20
2026-04-17	0.9457	0.9739	-21.78	651626	Balance	7	25
2026-04-10	0.849	0.9921	-25.91	2148076	Balance	-6	22
2026-04-03	1.01	1.01	-8.10	1928072	Balance	14	28
2026-03-27	0.7808	1.02	-26.08	1214519	Downward Expansion	-23	21
2026-03-20	0.786	1.04	-28.58	1342855	Downward Expansion	-39	27
2026-03-13	0.7798	1.06	-31.25	3252614	Downward Expansion	-44	32
2026-03-06	0.6319	1.08	-45.51	1757918	Downward Expansion	-58	46
2026-02-27	0.6002	1.09	-49.61	3889535	Downward Expansion	-53	47
2026-02-20	0.6702	1.11	-44.67	1265211	Downward Expansion	-49	46
2026-02-13	0.6536	1.14	-46.22	1887126	Downward Expansion	-60	51
2026-02-06	0.6122	1.16	-51.06	1419450	Downward Expansion	-65	63
2026-01-30	0.6616	1.18	-48.92	2367804	Downward Expansion	-64	75
2026-01-23	0.6746	1.19	-48.70	2298372	Downward Expansion	-65	76
2026-01-16	0.5493	1.21	-58.71	3646175	Downward Expansion	-72	83
2026-01-09	0.6035	1.23	-55.69	1507667	Downward Expansion	-72	82
2026-01-02	0.6448	1.25	-52.36	3220108	Downward Expansion	-70	72
2025-12-26	0.6543	1.27	-53.39	3343251	Downward Expansion	-71	56
2025-12-19	0.6868	1.29	-51.28	8657541	Rotation Down	-70	46
2025-12-12	1.10	1.31	-22.80	2110614	Rotation Down	-32	42
2025-12-05	0.9517	1.31	-35.19	2800834	Rotation Down	-36	57
2025-11-28	1.00	1.30	-32.28	1617657	Rotation Down	-23	51
2025-11-21	0.8732	1.30	-39.09	2746274	Upward Expansion	-34	41
2025-11-14	0.9182	1.30	-39.04	2915027	Upward Expansion	-33	32
2025-11-07	1.15	1.30	-24.97	4080197	Upward Expansion	8	15
2025-10-31	1.31	1.29	-18.78	4682610	Upward Expansion	28	16
2025-10-24	1.77	1.27	9.39	3383070	Upward Expansion	60	44
2025-10-17	1.60	1.24	-1.29	3789856	Upward Expansion	62	62
2025-10-10	1.63	1.22	1.91	13670205	Upward Expansion	64	73
2025-10-03	2.05	1.21	24.11	6140428	Upward Expansion	85	86
2025-09-26	2.07	1.18	26.14	10356674	Upward Expansion	93	86
2025-09-19	1.49	1.16	-10.18	1482982	Upward Expansion	70	62
2025-09-12	1.43	1.15	-13.19	1209117	Upward Expansion	65	54
2025-09-05	1.35	1.15	-17.95	432068	Balance	57	46
2025-08-29	1.31	1.15	-20.76	642773	Balance	53	30
2025-08-22	1.32	1.16	-21.55	560021	Balance	54	27
2025-08-15	1.33	1.16	-23.05	917674	Balance	30	22
2025-08-08	1.17	1.16	-32.87	503251	Balance	21	22
2025-08-01	1.16	1.16	-31.90	1260159	Balance	22	29
2025-07-25	1.36	1.18	-23.19	1305337	Balance	31	33
2025-07-18	1.41	1.19	-21.35	2250164	Balance	26	14
2025-07-11	1.19	1.19	-34.06	2265798	Balance	-22	15
2025-07-04	1.07	1.21	-42.06	1029822	Balance	-26	15
2025-06-27	1.02	1.23	-44.68	5719309	Balance	-15	16
2025-06-20	1.19	1.27	-34.02	1158122	Balance	-2	21
2025-06-13	1.22	1.29	-33.77	2672683	Balance	-3	24
2025-06-06	1.42	1.31	-25.00	3220660	Downward Expansion	14	29
2025-05-30	1.21	1.34	-36.44	2004716	Downward Expansion	-21	20
2025-05-23	1.15	1.38	-41.26	5619131	Downward Expansion	-37	23
2025-05-16	1.11	1.44	-46.88	3485046	Downward Expansion	-45	36
2025-05-09	0.7998	1.47	-60.68	1570943	Downward Expansion	-67	54
2025-05-02	0.9047	1.51	-57.53	1308221	Downward Expansion	-62	58
2025-04-25	0.8907	1.55	-58.95	886959	Downward Expansion	-66	78
2025-04-18	0.919	1.59	-57.41	834758	Downward Expansion	-67	84
2025-04-11	0.71	1.63	-69.33	1339442	Downward Expansion	-85	93
2025-04-04	0.6983	1.69	-68.66	1693369	Downward Expansion	-91	91
2025-03-28	1.03	1.73	-60.06	1386352	Downward Expansion	-77	76
2025-03-21	1.13	1.77	-58.99	1159217	Downward Expansion	-72	72
2025-03-14	1.20	1.81	-57.95	1164237	Downward Expansion	-68	58
2025-03-07	1.23	1.84	-59.49	1139840	Downward Expansion	-67	49
2025-02-28	1.24	1.86	-61.95	1790793	Downward Expansion	-70	50
2025-02-21	1.38	1.89	-60.67	662321	Downward Expansion	-62	47
2025-02-14	1.49	1.94	-60.15	1905173	Downward Expansion	-61	65
2025-02-07	1.36	1.98	-63.90	1061032	Downward Expansion	-63	73
2025-01-31	1.34	2.02	-65.55	1173894	Downward Expansion	-68	77
2025-01-24	1.38	2.05	-65.90	897948	Downward Expansion	-66	70
2025-01-17	1.33	2.08	-67.27	1383783	Downward Expansion	-67	54
2025-01-10	1.38	2.13	-65.71	1511849	Downward Expansion	-68	52
2025-01-03	1.68	2.19	-60.11	1330804	Downward Expansion	-58	49
2024-12-27	1.55	2.25	-64.35	1090090	Downward Expansion	-65	58
2024-12-20	1.59	2.37	-63.64	1929079	Downward Expansion	-65	57
2024-12-13	1.65	2.48	-63.52	1626150	Downward Expansion	-64	58
2024-12-06	1.80	2.58	-60.28	2162209	Downward Expansion	-60	52
2024-11-29	2.00	2.69	-54.83	1602006	Downward Expansion	-50	39
2024-11-22	1.90	2.82	-57.00	2823770	Downward Expansion	-57	34
2024-11-15	1.77	2.99	-59.42	3138242	Downward Expansion	-42	20
2024-11-08	2.30	3.12	-49.34	3685271	Downward Expansion	-19	16
2024-11-01	2.48	3.20	-42.59	3157116	Downward Expansion	-23	15
2024-10-25	3.00	3.32	-32.19	25355461	Downward Expansion	-22	17
2024-10-18	2.05	3.43	-53.69	440561	Downward Expansion	-62	52
2024-10-11	2.00	3.57	-54.88	495023	Downward Expansion	-68	55
2024-10-04	2.03	3.71	-53.86	882554	Downward Expansion	-66	51
2024-09-27	2.12	3.86	-51.88	753191	Downward Expansion	-63	52
2024-09-20	2.19	4.02	-49.96	861692	Downward Expansion	-52	48
2024-09-13	2.34	4.19	-45.92	502905	Downward Expansion	-61	53
2024-09-06	2.02	4.34	-50.76	377987	Downward Expansion	-69	65
2024-08-30	2.16	4.50	-50.63	1187465	Downward Expansion	-63	59
2024-08-23	2.39	4.61	-46.07	814805	Downward Expansion	-63	66
2024-08-16	2.07	4.67	-53.14	901134	Downward Expansion	-66	66
2024-08-09	1.89	4.74	-55.13	1095710	Downward Expansion	-74	63
2024-08-02	2.11	4.85	-50.03	1021162	Downward Expansion	-71	59
2024-07-26	2.73	4.96	-37.59	938733	Downward Expansion	-63	63
2024-07-19	2.72	4.99	-39.58	1120131	Downward Expansion	-65	79
2024-07-12	2.69	5.01	-43.07	2001574	Downward Expansion	-67	83
2024-07-05	2.08	5.02	-56.36	1317534	Downward Expansion	-78	89
2024-06-28	2.44	5.05	-47.49	6686744	Rotation Down	-79	87
2024-06-21	2.88	5.05	-38.45	1105726	Rotation Down	-51	72
2024-06-14	3.01	5.04	-35.77	1341283	Rotation Down	-55	69
2024-06-07	3.49	5.01	-23.28	1334847	Deceleration	-41	55
2024-05-31	5.17	4.97	16.26	721075	Deceleration	3	28
2024-05-24	4.88	4.91	8.28	951427	Deceleration	-0	16
2024-05-17	4.72	4.83	6.67	954426	Deceleration	-2	7
2024-05-10	5.05	4.74	17.20	610139	Deceleration	10	10
2024-05-03	6.07	4.64	43.66	695918	Deceleration	26	14
2024-04-26	6.75	4.51	62.92	877962	Deceleration	47	22
2024-04-19	5.90	4.35	50.50	1337031	Deceleration	30	19
2024-04-12	4.69	4.23	14.76	1096662	Deceleration	23	19
2024-04-05	5.92	4.16	44.90	540883	Deceleration	43	30
2024-03-29	6.48	4.05	59.17	620190	Upward Expansion	47	36
2024-03-22	6.08	3.92	50.59	681707	Upward Expansion	49	42
2024-03-15	6.14	3.82	58.58	1317099	Upward Expansion	63	57
2024-03-08	6.51	3.70	68.41	645498	Upward Expansion	67	65
2024-03-01	7.00	3.57	81.23	1499610	Upward Expansion	69	83
2024-02-23	7.39	3.41	98.14	572397	Upward Expansion	84	93
2024-02-16	6.89	3.26	90.77	1320881	Upward Expansion	86	91
2024-02-09	6.62	3.15	82.47	1212111	Upward Expansion	90	86
2024-02-02	5.41	3.03	53.21	3320539	Upward Expansion	81	81
2024-01-26	4.35	2.96	24.75	1198024	Upward Expansion	65	80
2024-01-19	4.23	2.92	21.03	886858	Upward Expansion	67	82
2024-01-12	5.04	2.87	46.50	1085571	Upward Expansion	83	89
2024-01-05	5.36	2.81	61.04	1253105	Rotation Up	92	88
2023-12-29	3.86	2.75	13.68	938153	Rotation Up	51	62
2023-12-22	3.22	2.74	-4.48	609275	Balance	27	39
2023-12-15	2.99	2.72	-10.30	2757304	Balance	17	20
2023-12-08	2.90	2.71	-9.97	997469	Balance	-3	5
2023-12-01	2.55	2.71	-20.19	605175	Balance	-22	13
2023-11-24	2.41	2.73	-24.41	274708	Downward Expansion	-30	17
2023-11-17	2.30	2.73	-27.25	754583	Downward Expansion	-33	20
2023-11-10	2.30	2.73	-25.89	6049769	Downward Expansion	-35	19
2023-11-03	3.17	2.74	4.65	41588288	Downward Expansion	-11	12
2023-10-27	2.46	2.72	-13.68	4136885	Downward Expansion	-56	37
2023-10-20	2.04	2.72	-30.86	101501	Downward Expansion	-64	61

Price vs TrendAbove+48.9%

Trend directionRising+11.0%

Price vs current Fair ValueBelow anchor-51.5%

Fair Value directionClosing upward+30.0%

Relative Strength vs benchmarkLeading+13.0%

Relative strength directionImproving+76.8%

Price momentumPositive+15.4%

Volume balanceDemand-led21.20×

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

+26.5 points since 2026-09-11

Energy

60 /100

-17.8 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.

HOWL Directional State ↗ HOWL Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance16

Rotation Up63

Upward Expansion84

Deceleration64

Rotation Down19

Downward Expansion10

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

2023-10-20 to 2026-10-09 · 156 classified observations out of 156 shown.

Balance 16%Rotation Up 6%Upward Expansion 15%Deceleration 6%Rotation Down 5%Downward Expansion 52%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Upward Expansion	2026-10-09	2026-10-09	New	+0.0%
Rotation Up	2026-08-21	2026-10-02	Developing	+6.3%
Downward Expansion	2026-05-29	2026-08-14	Developing	-10.1%
Balance	2026-04-03	2026-05-22	Developing	-56.1%
Downward Expansion	2025-12-26	2026-03-27	Established	+19.3%
Rotation Down	2025-11-28	2025-12-19	New	-31.3%
Upward Expansion	2025-09-12	2025-11-21	Developing	-38.9%
Balance	2025-06-13	2025-09-05	Established	+10.7%
Downward Expansion	2024-07-05	2025-06-06	Extended	-31.7%
Rotation Down	2024-06-14	2024-06-28	New	-18.9%
Deceleration	2024-04-05	2024-06-07	Developing	-41.0%
Upward Expansion	2024-01-12	2024-03-29	Developing	+28.6%
Rotation Up	2023-12-29	2024-01-05	New	+38.9%
Balance	2023-12-01	2023-12-22	New	+26.3%

Classic Stage Analysis comparison

Stage 1 · Basing59

Stage 2 · Advancing44

Stage 3 · Distribution11

Stage 4 · Declining0

Legacy result: Stage 1 · Stage 1C · Breakout watch. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus QQQ

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: 97/100
Current Relative Strength: 13.00
Relative Strength direction: Improving
Price momentum: +15.4%
Excess performance vs benchmark: -7.6%
Healthcare regime cohort: 96th percentile135 in cohort

Test HOWL trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.10×

Latest completed volume relative to typical participation.

Up/down volume21.20×

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationStable

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 HOWL Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity USD 0.9601rising

Slow Activity USD 0.6781rising

Trend Reference USD 0.6578+48.9% close margin

Current Fair Value USD 2.02-51.5% close margin

Structural low USD 0.27shock / repair context

What changes the read?

Sustained fan recompression, a fast-line rollover or repeated closes inside/below the fan move the read toward Deceleration or Rotation Down.

Range context +15.1%

Annualized volatility +134.1%

From structural high -46.5%

From structural low +262.8%

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 QQQ	Regime survived	Read
Near term	8	-6.0%-29.4% to +31.3%	+25.0%	+25.0%	-8.0%	+62.5%	Usable descriptive sample
Intermediate	3	-23.1%-25.4% to -6.9%	+0.0%	+0.0%	-27.8%	+0.0%	Too little matched history
Extended	3	-45.5%-46.6% to -14.2%	+0.0%	+0.0%	-46.9%	+0.0%	Too little matched history
Full cycle	2	-14.0%-31.3% to +3.3%	+50.0%	+50.0%	-40.9%	+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.

HOWL Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding upward.

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 weekly architecture is expanding upward.

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