Weekly structural research ยท SAU ยท Technology

9550 Stage Analysis

Sure Global Tech Co.

Week ending 25 Sep 2026Close SAR 35.70Tenure DevelopingBenchmark ^TASI.SR
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Balance ยท Balance after decline

Directional pressure has compressed into balance.

Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base.

  • The Trend gate is down within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: compressed and contracting.
Direction -39โˆ’100 bearish to +100 bullish
Energy 25/100directional strength
Maturity 28/100lifecycle context
Confidence 68/100evidence agreement
Trend gate Downstructural direction
Activity structure Compressedcontracting separation
Price acceptance -33.3%position within the Activity structure
Fair Value context -44.7%SAR 64.60 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
2026-09-2535.7038.08-21.359510Balance-3925
2026-09-1836.6038.62-21.527900Balance-3219
2026-09-1136.0039.33-25.354795Balance-3113
2026-09-0436.0040.07-26.5214967Balance-1911
2026-08-2838.0040.84-24.9212380Balance-818
2026-08-2140.0041.47-20.001829Downward Expansion717
2026-08-1436.1642.08-27.8917064Downward Expansion-3121
2026-08-0739.5042.92-22.5712891Downward Expansion-2024
2026-07-3135.9843.70-28.918168Downward Expansion-4436
2026-07-2436.1244.60-31.175617Downward Expansion-4842
2026-07-1737.2045.52-29.849499Downward Expansion-5353
2026-07-1035.0046.33-35.557774Downward Expansion-6663
2026-07-0333.3246.93-39.7313686Downward Expansion-7164
2026-06-2634.1047.69-39.903428Downward Expansion-7065
2026-06-1933.9548.49-42.0012750Downward Expansion-7473
2026-06-1234.9849.34-40.808081Downward Expansion-7176
2026-06-0535.5650.17-40.437960Downward Expansion-6977
2026-05-2936.4050.99-40.090Downward Expansion-6780
2026-05-2236.4051.77-40.9210944Downward Expansion-7074
2026-05-1535.5452.45-42.978560Downward Expansion-7777
2026-05-0836.4653.21-42.4812338Downward Expansion-8168
2026-05-0138.3454.13-41.1448789Downward Expansion-7962
2026-04-2442.0255.13-35.832774Downward Expansion-7062
2026-04-1741.7855.87-39.3125604Downward Expansion-7364
2026-04-1048.0056.71-29.8514816Downward Expansion-6783
2026-04-0340.0057.32-41.722685Downward Expansion-8092
2026-03-2742.0058.32-38.587923Downward Expansion-7892
2026-03-2042.0059.25-38.501923Downward Expansion-8694
2026-03-1343.3860.45-36.784948Downward Expansion-8484
2026-03-0646.0061.66-32.8214605Downward Expansion-8475
2026-02-2751.8562.85-24.548358Balance-7253
2026-02-2057.8063.86-18.266667Balance-5237
2026-02-1358.2564.74-20.242468Balance-4133
2026-02-0659.2565.58-18.834216Balance-3826
2026-01-3056.7566.41-23.961396Balance-4726
2026-01-2358.4067.30-20.488973Balance-2814
2026-01-1661.3067.92-14.4416143Downward Expansion-1716
2026-01-0962.9568.58-9.594062Downward Expansion-2821
2026-01-0262.9569.13-10.5710533Downward Expansion-3619
2025-12-2663.7069.71-9.5639054Downward Expansion-4430
2025-12-1961.4570.27-12.5427586Downward Expansion-5843
2025-12-1253.0071.01-26.7610846Downward Expansion-7561
2025-12-0556.0072.05-22.453084Downward Expansion-6851
2025-11-2858.2572.93-19.886907Downward Expansion-6348
2025-11-2159.3573.75-21.449074Downward Expansion-6047
2025-11-1460.0074.56-22.0917920Downward Expansion-6152
2025-11-0760.0075.43-23.1517972Downward Expansion-6358
2025-10-3159.9576.21-25.7518894Downward Expansion-6561
2025-10-2456.9077.18-29.4220082Downward Expansion-8169
2025-10-1758.2578.32-28.4740742Downward Expansion-8569
2025-10-1064.0079.11-20.8817040Downward Expansion-7574
2025-10-0368.4579.66-14.7937142Downward Expansion-6784
2025-09-2664.0080.32-18.897556Downward Expansion-8091
2025-09-1967.0081.05-10.8316157Downward Expansion-7688
2025-09-1266.4081.67-8.549219Downward Expansion-8689
2025-09-0570.0082.30-5.143956Downward Expansion-8383
2025-08-2970.0082.87-5.5922079Balance-8475
2025-08-2277.9083.453.9012799Balance-6044
2025-08-1579.7083.596.772778Balance-5124
2025-08-0881.8083.788.738257Balance-1810
2025-08-0182.0084.009.317332Downward Expansion-2317
2025-07-2584.2584.0612.259091Downward Expansion-1417
2025-07-1883.4084.3010.774303Downward Expansion-2714
2025-07-1184.2084.469.539045Downward Expansion-2916
2025-07-0483.5584.559.2616197Downward Expansion-4830
2025-06-2777.0084.622.376700Downward Expansion-6556
2025-06-2080.9084.7512.139820Downward Expansion-5246
2025-06-1379.5884.777.972484Balance-5747
2025-06-0680.4684.617.536455Balance-5436
2025-05-3080.3684.467.555283Balance-2825
2025-05-2383.6084.179.891534Balance-1819
2025-05-1684.2983.738.155789Balance-2015
2025-05-0982.4283.347.202826Balance-1212
2025-05-0282.9182.906.234521Balance99
2025-04-2583.4082.294.845027Balance136
2025-04-1886.3581.6710.4511625Balance3119
2025-04-1183.4080.807.2838363Balance2816
2025-04-0488.8080.1110.724557Deceleration4823
2025-03-2891.2579.4412.5545666Deceleration4621
2025-03-2182.0378.853.5011094Deceleration139
2025-03-1480.2678.831.7346688Deceleration159
2025-03-0788.3178.9211.5328444Deceleration5328
2025-02-2885.8678.636.327784Deceleration4625
2025-02-2185.6678.524.4019909Deceleration3824
2025-02-1485.3678.404.6324483Deceleration3922
2025-02-0787.1378.156.8615206Deceleration4224
2025-01-3187.3377.848.11174893Deceleration4426
2025-01-2482.1377.713.1146722Upward Expansion4124
2025-01-1785.3677.789.1317840Upward Expansion5738
2025-01-1088.5077.8315.9533147Upward Expansion6246
2025-01-0383.7977.7211.1645585Rotation Up6154
2024-12-2791.3577.7325.1159953Rotation Up4764
2024-12-2088.3177.6122.2841897Rotation Up4461
2024-12-1386.7477.4219.4326025Rotation Up3556
2024-12-0685.8677.1121.1129860Rotation Up3546
2024-11-2980.9577.1318.2936882Balance2528
2024-11-2281.4477.4018.1877943Balance818
2024-11-1574.5777.749.6834699Balance-2117
2024-11-0876.1478.239.6929445Downward Expansion-2120
2024-11-0171.7378.544.9220727Downward Expansion-3322
2024-10-2570.1679.184.3341450Downward Expansion-4026
2024-10-1872.7179.998.6058798Downward Expansion-4534
2024-10-1169.1780.263.2477384Downward Expansion-6154
2024-10-0464.6680.30-2.7111650Downward Expansion-6582
2024-09-2764.7680.49-5.557376Downward Expansion-6684
2024-09-2060.1580.33-9.8437412Downward Expansion-8391
2024-09-1362.9080.38-3.5810393Rotation Down-8687
2024-09-0668.6880.413.4861488Rotation Down-5160
2024-08-3073.5979.8711.0343836Balance-4133
2024-08-2381.4479.0023.2019737Balance2311
2024-08-1683.01โ€”โ€”8036Not yet classifiedโ€”โ€”
2024-08-0979.38โ€”โ€”42399Not yet classifiedโ€”โ€”
2024-08-0282.72โ€”โ€”4208Not yet classifiedโ€”โ€”
2024-07-2681.93โ€”โ€”35684Not yet classifiedโ€”โ€”
2024-07-1977.81โ€”โ€”33778Not yet classifiedโ€”โ€”
2024-07-1277.81โ€”โ€”28248Not yet classifiedโ€”โ€”
2024-07-0583.70โ€”โ€”15112Not yet classifiedโ€”โ€”
2024-06-2884.09โ€”โ€”8504Not yet classifiedโ€”โ€”
2024-06-1486.82โ€”โ€”9449Not yet classifiedโ€”โ€”
2024-06-0785.37โ€”โ€”13456Not yet classifiedโ€”โ€”
2024-05-3183.93โ€”โ€”4267Not yet classifiedโ€”โ€”
2024-05-2487.88โ€”โ€”31467Not yet classifiedโ€”โ€”
2024-05-1782.38โ€”โ€”17091Not yet classifiedโ€”โ€”
2024-05-1077.46โ€”โ€”33713Not yet classifiedโ€”โ€”
2024-05-0386.63โ€”โ€”132208Not yet classifiedโ€”โ€”
2024-04-2688.85โ€”โ€”35724Not yet classifiedโ€”โ€”
2024-04-1991.65โ€”โ€”13050Not yet classifiedโ€”โ€”
2024-04-0589.52โ€”โ€”53441Not yet classifiedโ€”โ€”
2024-03-2985.28โ€”โ€”78975Not yet classifiedโ€”โ€”
2024-03-2291.07โ€”โ€”56207Not yet classifiedโ€”โ€”
2024-03-1594.35โ€”โ€”96677Not yet classifiedโ€”โ€”
2024-03-0880.84โ€”โ€”63665Not yet classifiedโ€”โ€”
2024-03-0170.23โ€”โ€”86472Not yet classifiedโ€”โ€”
2024-02-2370.52โ€”โ€”212816Not yet classifiedโ€”โ€”
2024-02-1659.81โ€”โ€”12993Not yet classifiedโ€”โ€”
2024-02-0961.64โ€”โ€”54602Not yet classifiedโ€”โ€”
2024-02-0263.96โ€”โ€”55868Not yet classifiedโ€”โ€”
2024-01-2652.58โ€”โ€”53271Not yet classifiedโ€”โ€”
2024-01-1947.27โ€”โ€”78279Not yet classifiedโ€”โ€”
2024-01-1239.70โ€”โ€”27812Not yet classifiedโ€”โ€”
2024-01-0538.73โ€”โ€”58031Not yet classifiedโ€”โ€”
2023-12-2936.85โ€”โ€”67457Not yet classifiedโ€”โ€”
2023-12-2237.14โ€”โ€”24185Not yet classifiedโ€”โ€”
2023-12-1538.59โ€”โ€”29491Not yet classifiedโ€”โ€”
2023-12-0842.45โ€”โ€”24080Not yet classifiedโ€”โ€”
2023-12-0144.38โ€”โ€”539Not yet classifiedโ€”โ€”
2023-11-2443.41โ€”โ€”6238Not yet classifiedโ€”โ€”
2023-11-1743.41โ€”โ€”31384Not yet classifiedโ€”โ€”
2023-11-1044.38โ€”โ€”4308Not yet classifiedโ€”โ€”
2023-11-0343.73โ€”โ€”26542Not yet classifiedโ€”โ€”
2023-10-2746.11โ€”โ€”21424Not yet classifiedโ€”โ€”
2023-10-2047.53โ€”โ€”14745Not yet classifiedโ€”โ€”
2023-10-1343.22โ€”โ€”48779Not yet classifiedโ€”โ€”
2023-10-0645.53โ€”โ€”22151Not yet classifiedโ€”โ€”
2023-09-2947.46โ€”โ€”20621Not yet classifiedโ€”โ€”
2023-09-2249.46โ€”โ€”59327Not yet classifiedโ€”โ€”
Price vs TrendBelow-6.3%
Trend directionFalling-16.3%
Price vs current Fair ValueBelow anchor-44.7%
Fair Value directionClosing upward+3.2%
Relative Strength vs benchmarkLagging-21.4%
Relative strength directionImproving+18.5%
Price momentumNegative-15.0%
Volume balanceSupply-led0.49ร—
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

-39 / ยฑ100

-31.3 points since 2026-08-28

Energy

25 /100

+7.3 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
Balance46
Rotation Up14
Upward Expansion10
Deceleration62
Rotation Down54
Downward Expansion66

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

2023-09-22 to 2026-09-25 ยท 110 classified observations out of 156 shown.

Balance 27%Rotation Up 5%Upward Expansion 3%Deceleration 9%Rotation Down 2%Downward Expansion 55%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Balance2026-08-282026-09-25Developing-6.1%
Downward Expansion2026-03-062026-08-21Established-13.0%
Balance2026-01-232026-02-27Developing-11.2%
Downward Expansion2025-09-052026-01-16Established-12.4%
Balance2025-08-082025-08-29New-14.4%
Downward Expansion2025-06-202025-08-01Developing+1.4%
Balance2025-04-112025-06-13Developing-4.6%
Deceleration2025-01-312025-04-04Developing+1.7%
Upward Expansion2025-01-102025-01-24New-7.2%
Rotation Up2024-12-062025-01-03Developing-2.4%
Balance2024-11-152024-11-29New+8.6%
Downward Expansion2024-09-202024-11-08Developing+26.6%
Rotation Down2024-09-062024-09-13New-8.4%
Balance2024-08-232024-08-30New-9.6%
Classic Stage Analysis comparison
Stage 1 ยท Basing72
Stage 2 ยท Advancing0
Stage 3 ยท Distribution3
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 ^TASI.SR

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
96/100
Current Relative Strength
-21.35
Relative Strength direction
Improving
Price momentum
-15.0%
Excess performance vs benchmark
-10.6%
Technology regime cohort
33th percentile3 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume1.07ร—

Latest completed volume relative to typical participation.

Up/down volume0.49ร—

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 5

Recent participation evidence classified by demand and supply.

Activity alignment+25.0%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity SAR 36.19falling
Slow Activity SAR 36.85falling
Trend Reference SAR 38.08-6.3% close margin
Current Fair Value SAR 64.60-44.7% close margin
Structural low SAR 32.64shock / repair context
What changes the read?

Persistent fast/slow separation and fan expansion would end Balance; direction determines whether it becomes Rotation Up or Rotation Down.

Range context +8.2%
Annualized volatility +46.6%
From structural high -49.0%
From structural low +9.4%
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 ^TASI.SR Regime survived Read
Near term9-2.4%-27.3% to +16.3%+22.2%+22.2%+0.0%+44.4%Usable descriptive sample
Intermediate5+0.0%-28.0% to +5.2%+40.0%+40.0%+0.6%+20.0%Usable descriptive sample
Extended3-23.3%-38.2% to +5.2%+33.3%+33.3%-24.0%+0.0%Too little matched history
Full cycle2-26.5%-48.7% to -4.3%+0.0%+0.0%-21.5%+50.0%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