Weekly structural research ยท NASDAQ ยท Technology

MXL Stage Analysis

MaxLinear Inc

Week ending 9 Oct 2026Close USD 96.16Tenure NewBenchmark QQQ
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Upward Expansion ยท Re-accelerating

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: improving.
  • Activity structure: moderate and expanding.
Direction 59โˆ’100 bearish to +100 bullish
Energy 60/100directional strength
Maturity 22/100lifecycle context
Confidence 77/100evidence agreement
Trend gate Upstructural direction
Activity structure Moderateexpanding separation
Price acceptance +50.0%position within the Activity structure
Fair Value context +250.1%USD 27.46 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
  • 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
2026-10-0996.1672.2781.3915063986Upward Expansion5960
2026-10-02105.9369.63106.0915406454Deceleration6951
2026-09-2593.8466.6289.8818403774Deceleration4524
2026-09-1881.1264.0874.5715354933Deceleration2614
2026-09-1174.5761.9966.1910401183Deceleration714
2026-09-0462.7460.1542.4011410534Deceleration112
2026-08-2861.7358.6943.308657631Deceleration17
2026-08-2166.6157.2158.2412472981Deceleration910
2026-08-1484.8455.60100.7311027640Deceleration2215
2026-08-0774.9853.4284.8712180741Deceleration1618
2026-07-3166.8251.5577.8621949911Deceleration2920
2026-07-2471.5949.9496.4130921955Deceleration3821
2026-07-1771.8448.1499.3915789604Upward Expansion4431
2026-07-1091.3046.34149.7613907732Upward Expansion5844
2026-07-0393.1243.87169.5121076258Upward Expansion6148
2026-06-2696.6041.40194.1220613711Upward Expansion6052
2026-06-1988.7638.70170.4911711792Upward Expansion6457
2026-06-1284.4636.19175.6018413518Upward Expansion6463
2026-06-0580.9233.84182.2726675091Upward Expansion6767
2026-05-2992.9331.63223.5724223818Upward Expansion6977
2026-05-2299.1629.04274.4820067584Upward Expansion8494
2026-05-1592.3426.26275.5427055963Upward Expansion8996
2026-05-0899.8323.74330.0427175765Upward Expansion100100
2026-05-0177.1820.89276.7351387093Upward Expansion9899
2026-04-2460.3218.87217.5855528727Upward Expansion9598
2026-04-1726.2717.4048.279265052Upward Expansion8477
2026-04-1020.6917.0625.535355402Balance5230
2026-04-0317.9816.8914.944015692Balance1510
2026-03-2717.0016.8213.713887861Balance-1319
2026-03-2016.5616.777.716476736Balance-1320
2026-03-1316.8916.777.854672908Balance1115
2026-03-0615.7216.71-0.495960577Upward Expansion1210
2026-02-2717.4316.698.996279141Upward Expansion3823
2026-02-2018.4716.6215.193507236Upward Expansion5028
2026-02-1319.5316.5523.074670079Upward Expansion6335
2026-02-0618.7216.4416.666898566Upward Expansion5734
2026-01-3017.3516.315.928671997Upward Expansion5636
2026-01-2318.4116.2311.724202158Upward Expansion6156
2026-01-1619.3016.0816.186269325Upward Expansion7065
2026-01-0919.0015.8812.155350041Upward Expansion7065
2026-01-0218.5115.6410.842574533Upward Expansion6664
2025-12-2617.7315.433.622596879Upward Expansion5960
2025-12-1917.6315.223.526863774Balance5848
2025-12-1217.4115.022.207069001Balance5440
2025-12-0518.8214.857.5710262684Balance5325
2025-11-2815.5714.60-10.525961572Balance-816
2025-11-2113.6014.44-18.244749265Balance-2229
2025-11-1413.9014.32-19.444156522Balance-211
2025-11-0714.7614.20-14.946039426Balance148
2025-10-3115.1514.04-15.787978100Upward Expansion3215
2025-10-2415.6213.84-11.7013378795Upward Expansion3721
2025-10-1716.9713.69-2.306968125Upward Expansion5931
2025-10-1014.3313.54-15.515369553Upward Expansion3220
2025-10-0316.4513.49-5.515659248Upward Expansion5836
2025-09-2616.0913.36-6.494517610Upward Expansion5635
2025-09-1916.1913.31-6.606127836Upward Expansion5736
2025-09-1215.7513.33-7.305533760Upward Expansion5336
2025-09-0515.6313.34-6.534413917Upward Expansion5437
2025-08-2915.7213.37-5.209377167Upward Expansion5638
2025-08-2216.3513.44-1.977430594Upward Expansion6543
2025-08-1515.2913.67-9.065550784Rotation Up3133
2025-08-0815.1313.96-9.587912347Rotation Up3440
2025-08-0115.2114.14-5.679419611Rotation Up3754
2025-07-2516.3614.32-0.8018557789Rotation Up4067
2025-07-1816.2014.46-0.815830028Rotation Up4570
2025-07-1114.9414.56-8.673836133Rotation Up1954
2025-07-0414.7914.75-11.022840708Balance1629
2025-06-2714.1414.90-14.645710497Balance616
2025-06-2013.1714.93-18.054312364Downward Expansion-1814
2025-06-1311.6715.01-28.194149722Downward Expansion-3624
2025-06-0612.2815.10-25.606462310Downward Expansion-3623
2025-05-3011.3915.22-30.164329370Downward Expansion-3826
2025-05-2311.5715.29-28.464040392Downward Expansion-4029
2025-05-1612.4315.40-25.755325872Downward Expansion-4437
2025-05-0911.3615.46-28.325418249Downward Expansion-5951
2025-05-0210.6915.55-33.417242164Downward Expansion-6269
2025-04-2510.1415.65-35.5711828854Downward Expansion-6471
2025-04-1810.2215.81-31.954511568Downward Expansion-6679
2025-04-119.8415.94-36.858697350Downward Expansion-7378
2025-04-049.3116.09-36.799552776Rotation Down-8283
2025-03-2810.9916.22-33.835073599Rotation Down-5273
2025-03-2112.7016.35-26.086028588Rotation Down-3565
2025-03-1412.6816.36-26.586749611Rotation Down-3964
2025-03-0712.6316.35-29.2312966486Rotation Down-4154
2025-02-2814.6116.31-21.7013210982Deceleration-2835
2025-02-2116.6016.24-14.823598889Deceleration1326
2025-02-1416.2116.12-19.167134792Deceleration1720
2025-02-0716.4616.37-16.2013220960Upward Expansion3324
2025-01-3117.8616.58-9.5322316492Upward Expansion6044
2025-01-2423.1716.7115.307856216Upward Expansion7373
2025-01-1724.0516.6120.958318172Upward Expansion8477
2025-01-1020.6316.486.365917966Rotation Up6769
2025-01-0320.6116.403.334022167Rotation Up4469
2024-12-2720.5016.281.222646293Rotation Up4769
2024-12-2019.0716.19-5.878934181Rotation Up3761
2024-12-1320.6816.17-1.287670439Rotation Up4459
2024-12-0619.2616.13-8.0312172386Balance3739
2024-11-2915.1316.11-25.853857730Balance-1312
2024-11-2215.5416.27-23.963843219Balance-139
2024-11-1514.3016.44-29.264387450Balance-2212
2024-11-0816.0416.62-23.988983755Downward Expansion-159
2024-11-0113.4716.82-33.0712265220Downward Expansion-5530
2024-10-2514.8517.12-28.0311408924Downward Expansion-3825
2024-10-1814.1517.25-31.735732878Downward Expansion-3722
2024-10-1114.2417.38-32.033973016Downward Expansion-4024
2024-10-0413.4217.50-36.006663243Downward Expansion-4528
2024-09-2715.2017.75-28.474438929Downward Expansion-4129
2024-09-2013.9317.92-34.674814041Downward Expansion-4432
2024-09-1314.3418.07-32.674304917Downward Expansion-5740
2024-09-0613.1318.25-35.476140103Downward Expansion-6451
2024-08-3015.1818.44-30.687911040Downward Expansion-6475
2024-08-2312.7618.53-42.963431745Downward Expansion-6585
2024-08-1612.5518.84-44.105210436Downward Expansion-6884
2024-08-0911.4819.16-46.884868047Downward Expansion-8084
2024-08-0212.4719.49-42.9110075841Rotation Down-7463
2024-07-2612.7819.79-44.1118048489Rotation Down-4921
2024-07-1923.9320.160.505086755Rotation Up5368
2024-07-1222.6020.16-10.243197191Balance3542
2024-07-0521.8820.13-14.632310374Balance1721
2024-06-2820.1420.05-19.824097342Downward Expansion-2512
2024-06-2120.1620.01-21.074692323Downward Expansion-4228
2024-06-1418.1619.94-29.722595634Downward Expansion-5653
2024-06-0717.2119.92-32.172339446Downward Expansion-6456
2024-05-3117.7719.90-29.201754219Balance-6150
2024-05-2418.4319.88-28.772150190Balance-2927
2024-05-1719.4519.76-24.961983110Balance-911
2024-05-1018.5219.78-28.012535816Balance-1611
2024-05-0319.9919.87-21.953828456Balance2816
2024-04-2620.5919.93-19.526492651Balance4227
2024-04-1919.6519.99-20.873553951Balance2619
2024-04-1222.0520.05-17.384174064Balance4423
2024-04-0522.6120.03-17.008532162Balance1712
2024-03-2918.6720.05-33.161839930Balance-4131
2024-03-2218.1020.23-36.863062347Balance-4726
2024-03-1517.7520.36-37.583516715Balance-5327
2024-03-0820.9720.52-28.612486052Balance-2714
2024-03-0120.3020.57-33.213694065Balance-4731
2024-02-2318.5320.68-39.042526723Balance-6043
2024-02-1619.5720.89-36.043511849Balance-3932
2024-02-0919.0421.37-39.953986780Balance-4431
2024-02-0217.7721.82-44.126236415Balance-5029
2024-01-2622.1422.25-31.172726328Balance-110
2024-01-1922.1522.56-32.222459008Balance-117
2024-01-1221.2522.79-34.422170605Balance224
2024-01-0521.6923.10-32.232548022Downward Expansion329
2023-12-2923.7723.35-29.272111894Downward Expansion1534
2023-12-2223.9023.52-29.803171389Downward Expansion523
2023-12-1521.8023.71-36.388861309Downward Expansion-2725
2023-12-0819.3923.94-42.482806828Downward Expansion-4639
2023-12-0118.9924.09-44.283426542Downward Expansion-6154
2023-11-2418.0524.25-47.872235060Downward Expansion-6564
2023-11-1717.6024.45-49.574431154Downward Expansion-6887
2023-11-1016.6524.91-52.155721828Downward Expansion-7590
2023-11-0317.0425.41-50.475665269Downward Expansion-7890
2023-10-2714.9225.96-54.537487940Downward Expansion-9595
2023-10-2020.0926.64-41.223311975Downward Expansion-7257
Price vs TrendAbove+33.1%
Trend directionRising+40.2%
Price vs current Fair ValuePremium+250.1%
Fair Value directionMoving away-48.1%
Relative Strength vs benchmarkLeading+81.4%
Relative strength directionWeakening-68.4%
Price momentumPositive+364.8%
Volume balanceSupply-led0.90ร—
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

59 / ยฑ100

+52.0 points since 2026-09-11

Energy

60 /100

+45.9 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.

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance24
Rotation Up71
Upward Expansion84
Deceleration47
Rotation Down11
Downward Expansion13

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

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

Balance 26%Rotation Up 8%Upward Expansion 26%Deceleration 9%Rotation Down 5%Downward Expansion 26%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Upward Expansion2026-10-092026-10-09New+0.0%
Deceleration2026-07-242026-10-02Developing+48.0%
Upward Expansion2026-04-172026-07-17Established+173.5%
Balance2026-03-132026-04-10Developing+22.5%
Upward Expansion2025-12-262026-03-06Developing-11.3%
Balance2025-11-072025-12-19Developing+19.4%
Upward Expansion2025-08-222025-10-31Developing-7.3%
Rotation Up2025-07-112025-08-15Developing+2.3%
Balance2025-06-272025-07-04New+4.6%
Downward Expansion2025-04-112025-06-20Developing+33.8%
Rotation Down2025-03-072025-04-04Developing-26.3%
Deceleration2025-02-142025-02-28New-9.9%
Upward Expansion2025-01-172025-02-07New-31.6%
Rotation Up2024-12-132025-01-10Developing-0.2%
Classic Stage Analysis comparison
Stage 1 ยท Basing0
Stage 2 ยท Advancing100
Stage 3 ยท Distribution70
Stage 4 ยท Declining0

Legacy result: Stage 2 ยท Stage 2C ยท Late advance. 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
83/100
Current Relative Strength
81.39
Relative Strength direction
Weakening
Price momentum
+364.8%
Excess performance vs benchmark
+341.8%
Technology regime cohort
40th percentile97 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.90ร—

Latest completed volume relative to typical participation.

Up/down volume0.90ร—

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 2

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

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 USD 94.86rising
Slow Activity USD 80.42rising
Trend Reference USD 72.27+33.1% close margin
Current Fair Value USD 27.46+250.1% close margin
Structural low USD 20.61shock / 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 +18.7%
Annualized volatility +146.2%
From structural high -25.1%
From structural low +653.0%
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 QQQ Regime survived Read
Near term18-0.1%-32.6% to +251.5%+50.0%+50.0%+2.9%+66.7%Usable descriptive sample
Intermediate7-4.1%-57.5% to +173.5%+42.9%+42.9%+5.6%+42.9%Usable descriptive sample
Extended5+13.0%-46.2% to +260.6%+60.0%+60.0%+6.3%+40.0%Usable descriptive sample
Full cycle2-18.4%-19.8% to -17.0%+0.0%+0.0%-19.4%+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