Weekly structural research · NASDAQ · Real Estate

ASPS Stage Analysis

Altisource Portfolio Solutions SA

Week ending 9 Oct 2026Close USD 5.99Tenure DevelopingBenchmark QQQ

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Downward Expansion · Early 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: compressed and contracting.

Direction -29−100 bearish to +100 bullish

Energy 15/100directional strength

Maturity 45/100lifecycle context

Confidence 68/100evidence agreement

Trend gate Downstructural direction

Activity structure Compressedcontracting separation

Price acceptance +0.0%position within the Activity structure

Fair Value context -46.4%USD 11.17 · 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.
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	5.99	6.29	-24.14	59011	Downward Expansion	-29	15
2026-10-02	6.37	6.31	-21.07	103663	Downward Expansion	-25	14
2026-09-25	5.49	6.32	-33.05	52670	Downward Expansion	-48	29
2026-09-18	5.73	6.39	-29.21	33026	Downward Expansion	-44	29
2026-09-11	5.82	6.38	-28.82	46576	Downward Expansion	-56	37
2026-09-04	5.65	6.36	-32.49	30129	Downward Expansion	-60	52
2026-08-28	5.50	6.37	-35.31	49784	Downward Expansion	-64	64
2026-08-21	5.48	6.36	-36.55	74389	Rotation Down	-67	69
2026-08-14	5.64	6.38	-37.58	66297	Rotation Down	-35	55
2026-08-07	5.76	6.38	-36.59	133222	Balance	-32	40
2026-07-31	5.57	6.40	-36.61	154319	Balance	-27	29
2026-07-24	5.80	6.45	-34.85	199545	Balance	9	6
2026-07-17	6.35	6.48	-31.03	75200	Balance	41	37
2026-07-10	7.23	6.50	-26.63	59873	Balance	58	54
2026-07-03	7.16	6.47	-27.34	94614	Balance	56	45
2026-06-26	7.10	6.52	-28.09	91405	Balance	15	21
2026-06-19	6.93	6.61	-33.49	63809	Balance	-9	4
2026-06-12	6.42	6.68	-37.70	68057	Balance	-35	25
2026-06-05	6.14	6.77	-39.75	30827	Balance	-48	30
2026-05-29	6.52	6.90	-39.16	87975	Balance	-31	17
2026-05-22	6.05	6.98	-42.07	131003	Balance	-36	17
2026-05-15	6.41	7.17	-38.28	71556	Balance	-28	14
2026-05-08	6.76	7.35	-35.41	106510	Balance	-13	6
2026-05-01	6.78	7.54	-32.18	75787	Balance	-24	11
2026-04-24	6.35	7.74	-35.96	148210	Balance	-19	9
2026-04-17	7.00	7.90	-28.32	133795	Balance	-13	9
2026-04-10	6.72	8.04	-27.31	52742	Balance	-19	10
2026-04-03	6.82	8.19	-23.18	99239	Downward Expansion	-20	11
2026-03-27	6.80	8.34	-20.71	91899	Downward Expansion	-32	16
2026-03-20	6.45	8.50	-27.24	214485	Downward Expansion	-33	22
2026-03-13	6.57	8.67	-27.44	154161	Downward Expansion	-37	21
2026-03-06	6.56	8.80	-28.63	353052	Downward Expansion	-42	27
2026-02-27	7.62	8.94	-18.35	398497	Downward Expansion	-47	36
2026-02-20	5.30	9.06	-43.24	40000	Downward Expansion	-69	62
2026-02-13	5.41	9.27	-41.56	131720	Downward Expansion	-70	65
2026-02-06	5.88	9.59	-37.56	207919	Downward Expansion	-65	70
2026-01-30	5.37	9.81	-44.43	147603	Downward Expansion	-76	83
2026-01-23	5.82	9.96	-39.98	80657	Downward Expansion	-72	79
2026-01-16	5.70	10.05	-41.20	189661	Downward Expansion	-78	82
2026-01-09	6.54	10.22	-33.18	85259	Downward Expansion	-70	83
2026-01-02	6.97	10.32	-27.38	121341	Downward Expansion	-65	82
2025-12-26	6.78	10.29	-30.62	71027	Downward Expansion	-72	82
2025-12-19	6.72	10.25	-30.35	87041	Rotation Down	-78	79
2025-12-12	6.59	10.26	-31.11	177025	Rotation Down	-57	66
2025-12-05	8.65	10.25	-11.34	74724	Rotation Down	-41	54
2025-11-28	9.66	10.21	0.19	44770	Rotation Down	-32	52
2025-11-21	9.06	10.15	-1.15	72294	Rotation Down	-29	48
2025-11-14	9.25	10.07	-1.80	82516	Balance	-26	33
2025-11-07	9.84	9.98	4.47	80366	Balance	2	15
2025-10-31	9.05	9.86	-6.56	110033	Upward Expansion	-2	5
2025-10-24	11.56	9.77	20.80	69868	Upward Expansion	50	41
2025-10-17	11.90	9.58	27.02	127463	Upward Expansion	50	39
2025-10-10	12.51	9.37	36.92	202155	Upward Expansion	55	36
2025-10-03	12.86	9.19	37.98	203167	Deceleration	59	32
2025-09-26	11.12	8.98	21.23	109961	Deceleration	45	23
2025-09-19	11.22	8.79	21.62	174415	Deceleration	47	26
2025-09-12	11.21	8.61	24.07	53156	Deceleration	39	25
2025-09-05	11.27	8.46	26.92	39046	Deceleration	39	23
2025-08-29	11.46	8.34	30.40	66206	Deceleration	40	24
2025-08-22	11.54	8.13	31.03	89481	Deceleration	42	26
2025-08-15	10.49	7.94	18.01	57266	Upward Expansion	43	29
2025-08-08	10.81	7.76	22.19	85195	Upward Expansion	59	47
2025-08-01	11.32	7.61	32.50	167062	Upward Expansion	62	65
2025-07-25	11.50	7.42	30.88	247925	Upward Expansion	64	75
2025-07-18	15.04	7.23	71.75	158405	Upward Expansion	90	90
2025-07-11	12.61	6.88	46.55	261288	Upward Expansion	83	84
2025-07-04	9.78	6.66	13.20	112918	Upward Expansion	64	74
2025-06-27	8.59	6.54	0.49	183051	Upward Expansion	55	65
2025-06-20	10.80	6.49	30.30	752761	Balance	77	69
2025-06-13	9.30	6.33	11.54	284492	Balance	67	31
2025-06-06	6.29	6.25	-25.98	74397	Balance	24	16
2025-05-30	5.62	6.27	-34.21	195051	Balance	19	10
2025-05-23	6.78	6.41	-21.23	578983	Balance	49	35
2025-05-16	6.46	6.50	-28.00	785130	Balance	22	33
2025-05-09	7.52	6.59	-12.42	646733	Balance	30	38
2025-05-02	7.60	6.65	-13.36	1448317	Balance	28	26
2025-04-25	6.90	6.69	-20.48	376734	Balance	-9	8
2025-04-18	6.55	6.78	-21.52	242391	Balance	-14	6
2025-04-11	6.08	6.86	-30.06	733398	Balance	-29	15
2025-04-04	6.40	6.97	-21.94	785303	Balance	-27	12
2025-03-28	5.74	7.05	-37.87	578684	Balance	-36	15
2025-03-21	5.81	7.16	-39.94	464347	Balance	-34	15
2025-03-14	6.88	7.29	-30.85	767985	Balance	-13	8
2025-03-07	6.72	7.35	-36.17	742723	Downward Expansion	-20	12
2025-02-28	5.52	7.43	-50.92	669670	Downward Expansion	-40	18
2025-02-21	5.72	7.62	-52.61	608734	Downward Expansion	-37	18
2025-02-14	6.70	7.81	-47.49	1275232	Downward Expansion	-31	16
2025-02-07	7.52	7.94	-41.23	824168	Downward Expansion	-29	19
2025-01-31	5.36	8.07	-59.23	384223	Downward Expansion	-54	33
2025-01-24	5.76	8.24	-58.20	243378	Downward Expansion	-52	33
2025-01-17	5.23	8.42	-62.81	533274	Downward Expansion	-59	37
2025-01-10	6.17	8.65	-56.32	1437370	Downward Expansion	-57	42
2025-01-03	5.79	8.90	-61.07	731754	Downward Expansion	-60	49
2024-12-27	5.76	9.22	-62.74	1019844	Downward Expansion	-62	52
2024-12-20	4.39	9.53	-72.39	3536313	Downward Expansion	-80	64
2024-12-13	5.92	9.84	-64.90	392465	Downward Expansion	-70	70
2024-12-06	6.24	10.13	-63.99	703067	Downward Expansion	-68	73
2024-11-29	7.12	10.41	-59.40	556861	Downward Expansion	-62	74
2024-11-22	6.10	10.72	-66.36	667838	Downward Expansion	-76	77
2024-11-15	6.93	11.04	-62.61	691478	Downward Expansion	-69	57
2024-11-08	6.88	11.25	-65.43	1340290	Deceleration	-72	41
2024-11-01	9.76	11.41	-50.02	261928	Deceleration	-35	20
2024-10-25	9.36	11.55	-54.34	1110071	Deceleration	-38	25
2024-10-18	9.36	11.75	-55.62	384763	Deceleration	-40	28
2024-10-11	9.20	12.10	-57.76	228004	Downward Expansion	-43	32
2024-10-04	8.80	12.49	-60.26	145142	Downward Expansion	-58	38
2024-09-27	9.52	12.95	-58.18	216959	Downward Expansion	-54	39
2024-09-20	9.20	13.40	-60.31	314293	Downward Expansion	-57	43
2024-09-13	9.36	13.83	-60.20	360254	Downward Expansion	-59	46
2024-09-06	8.56	14.27	-62.58	226712	Downward Expansion	-67	53
2024-08-30	9.28	14.72	-62.72	305671	Downward Expansion	-61	52
2024-08-23	9.60	15.19	-62.73	970217	Downward Expansion	-61	52
2024-08-16	8.64	15.70	-66.93	687461	Downward Expansion	-73	57
2024-08-09	9.04	16.21	-64.52	1001336	Downward Expansion	-75	56
2024-08-02	11.20	16.64	-56.98	541507	Downward Expansion	-60	51
2024-07-26	11.44	17.05	-58.60	460546	Downward Expansion	-64	61
2024-07-19	10.80	17.61	-62.88	320847	Downward Expansion	-68	79
2024-07-12	11.36	18.15	-63.77	1454120	Downward Expansion	-65	79
2024-07-05	10.32	18.71	-68.02	443237	Downward Expansion	-79	84
2024-06-28	11.28	19.52	-64.81	909943	Downward Expansion	-77	68
2024-06-21	12.00	20.32	-63.64	292698	Downward Expansion	-74	51
2024-06-14	13.68	21.06	-59.56	168632	Downward Expansion	-66	47
2024-06-07	15.52	21.69	-53.77	379265	Downward Expansion	-49	41
2024-05-31	15.04	22.22	-55.02	396544	Downward Expansion	-50	45
2024-05-24	13.68	22.80	-60.57	883603	Downward Expansion	-59	48
2024-05-17	14.48	23.31	-58.51	515343	Downward Expansion	-54	45
2024-05-10	14.72	23.97	-57.73	335034	Downward Expansion	-64	54
2024-05-03	16.40	24.51	-52.93	465583	Downward Expansion	-65	62
2024-04-26	15.76	25.02	-55.06	512712	Downward Expansion	-68	86
2024-04-19	13.20	25.55	-61.39	400051	Downward Expansion	-73	90
2024-04-12	11.84	26.22	-67.71	1059797	Downward Expansion	-87	94
2024-04-05	13.76	27.03	-63.25	855104	Downward Expansion	-86	91
2024-03-29	15.52	27.63	-59.54	1212314	Downward Expansion	-85	77
2024-03-22	19.68	28.26	-49.87	400510	Downward Expansion	-72	53
2024-03-15	21.04	28.69	-45.51	470336	Downward Expansion	-67	46
2024-03-08	22.48	29.17	-43.31	411204	Downward Expansion	-60	42
2024-03-01	23.04	29.58	-43.88	277850	Downward Expansion	-60	45
2024-02-23	22.08	30.18	-46.26	355072	Downward Expansion	-65	50
2024-02-16	22.64	30.77	-45.19	400647	Downward Expansion	-64	49
2024-02-09	22.08	31.69	-48.25	282409	Downward Expansion	-70	53
2024-02-02	23.28	32.34	-45.47	298408	Downward Expansion	-66	63
2024-01-26	25.04	32.98	-42.15	665908	Downward Expansion	-64	72
2024-01-19	23.84	33.67	-45.69	1292091	Downward Expansion	-67	74
2024-01-12	21.92	34.34	-50.14	1055168	Downward Expansion	-76	80
2024-01-05	23.44	35.18	-46.58	695414	Downward Expansion	-75	75
2023-12-29	28.48	35.81	-39.06	482246	Downward Expansion	-57	55
2023-12-22	26.88	36.21	-44.33	1269943	Downward Expansion	-65	41
2023-12-15	28.08	36.56	-43.50	692363	Downward Expansion	-61	26
2023-12-08	34.80	36.86	-30.27	391939	Downward Expansion	-15	14
2023-12-01	35.12	36.75	-32.28	316529	Downward Expansion	-29	17
2023-11-24	34.24	36.74	-36.80	214900	Downward Expansion	-37	21
2023-11-17	32.56	36.59	-42.27	309173	Downward Expansion	-53	34
2023-11-10	31.44	36.49	-45.76	347131	Downward Expansion	-56	37
2023-11-03	32.48	36.47	-44.83	567862	Downward Expansion	-56	43
2023-10-27	29.12	36.48	-49.04	1035570	Downward Expansion	-71	58
2023-10-20	34.00	36.74	-43.70	617551	Downward Expansion	-56	45

Price vs TrendBelow-4.8%

Trend directionFalling-1.7%

Price vs current Fair ValueBelow anchor-46.4%

Fair Value directionClosing upward+0.7%

Relative Strength vs benchmarkLagging-24.1%

Relative strength directionImproving+2.5%

Price momentumNegative-10.9%

Volume balanceSupply-led0.51×

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

-29 / ±100

+26.7 points since 2026-09-11

Energy

15 /100

-22.0 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.

ASPS Directional State ↗ ASPS Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance49

Rotation Up29

Upward Expansion19

Deceleration42

Rotation Down25

Downward Expansion53

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 22%Upward Expansion 8%Deceleration 7%Rotation Down 5%Downward Expansion 58%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-08-28	2026-10-09	Developing	+8.9%
Rotation Down	2026-08-14	2026-08-21	New	-2.8%
Balance	2026-04-10	2026-08-07	Established	-14.3%
Downward Expansion	2025-12-26	2026-04-03	Established	+0.7%
Rotation Down	2025-11-21	2025-12-19	Developing	-25.8%
Balance	2025-11-07	2025-11-14	New	-6.0%
Upward Expansion	2025-10-10	2025-10-31	New	-27.7%
Deceleration	2025-08-22	2025-10-03	Developing	+11.4%
Upward Expansion	2025-06-27	2025-08-15	Developing	+22.1%
Balance	2025-03-14	2025-06-20	Established	+57.0%
Downward Expansion	2024-11-15	2025-03-07	Established	-3.1%
Deceleration	2024-10-18	2024-11-08	New	-26.5%
Downward Expansion	2023-10-20	2024-10-11	Extended	-72.9%
Rotation Down	2023-09-01	2023-10-13	Developing	-9.1%

Classic Stage Analysis comparison

Stage 1 · Basing74

Stage 2 · Advancing4

Stage 3 · Distribution27

Stage 4 · Declining96

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

Lagging benchmark

Architecture confirmation: 96/100
Current Relative Strength: -24.14
Relative Strength direction: Improving
Price momentum: -10.9%
Excess performance vs benchmark: -33.8%
Real Estate regime cohort: 4th percentile28 in cohort

Test ASPS trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.75×

Latest completed volume relative to typical participation.

Up/down volume0.51×

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 2

Recent participation evidence classified by demand and supply.

Activity alignment+25.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

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 ASPS Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity USD 5.94rising

Slow Activity USD 6.10falling

Trend Reference USD 6.29-4.8% close margin

Current Fair Value USD 11.17-46.4% close margin

Structural low USD 5.00shock / 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 +12.9%

Annualized volatility +44.2%

From structural high -53.9%

From structural low +39.3%

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	32	-4.5%-38.8% to +21.8%	+40.6%	+59.4%	-4.7%	+84.4%	Usable descriptive sample
Intermediate	12	-8.4%-50.4% to +35.2%	+33.3%	+66.7%	-19.3%	+58.3%	Usable descriptive sample
Extended	7	-32.9%-48.2% to +104.3%	+42.9%	+57.1%	-48.5%	+57.1%	Usable descriptive sample
Full cycle	3	-56.6%-60.9% to -55.4%	+0.0%	+100.0%	-74.0%	+66.7%	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.

ASPS 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 ↗

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