Weekly structural research · NASDAQ · Healthcare

GLUE Stage Analysis

Monte Rosa Therapeutics Inc

Week ending 9 Oct 2026Close USD 10.30Tenure 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: weakening.
Activity structure: wide and expanding.

Direction -75−100 bearish to +100 bullish

Energy 85/100directional strength

Maturity 30/100lifecycle context

Confidence 90/100evidence agreement

Trend gate Downstructural direction

Activity structure Wideexpanding separation

Price acceptance -83.3%position within the Activity structure

Fair Value context +10.1%USD 9.36 · 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.
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	10.30	17.27	-47.52	7972149	Downward Expansion	-75	85
2026-10-02	10.50	17.46	-46.52	7314820	Downward Expansion	-78	81
2026-09-25	11.77	17.70	-39.59	5462984	Downward Expansion	-74	75
2026-09-18	12.13	17.90	-35.53	7534869	Downward Expansion	-75	73
2026-09-11	14.07	18.13	-24.19	4581862	Downward Expansion	-65	74
2026-09-04	13.84	18.26	-25.22	4913696	Rotation Down	-69	78
2026-08-28	13.38	18.45	-26.86	6061136	Rotation Down	-47	69
2026-08-21	14.30	18.68	-20.90	5008849	Balance	-36	44
2026-08-14	15.50	18.97	-15.67	3511646	Balance	-29	35
2026-08-07	15.88	19.24	-11.75	9232816	Balance	-13	15
2026-07-31	16.52	19.52	-2.44	12821651	Upward Expansion	21	18
2026-07-24	22.78	19.48	36.91	3939995	Upward Expansion	63	74
2026-07-17	24.56	19.30	47.97	5954756	Upward Expansion	74	80
2026-07-10	23.04	19.00	35.74	6998242	Upward Expansion	66	72
2026-07-03	24.21	18.77	47.95	6933903	Balance	78	69
2026-06-26	22.29	18.55	40.35	13527867	Balance	56	28
2026-06-19	18.31	18.34	12.32	5232676	Balance	-3	5
2026-06-12	18.24	18.21	16.47	6231939	Balance	-1	5
2026-06-05	16.37	18.08	8.50	4541350	Deceleration	1	5
2026-05-29	19.71	17.94	26.32	3734363	Deceleration	44	23
2026-05-22	18.81	17.71	26.17	3846416	Deceleration	44	22
2026-05-15	18.15	17.46	25.36	3762328	Deceleration	46	29
2026-05-08	19.39	17.19	35.79	3650986	Deceleration	44	36
2026-05-01	18.80	16.88	41.45	3228009	Deceleration	38	32
2026-04-24	19.79	16.51	53.85	4849039	Deceleration	45	32
2026-04-17	19.78	16.10	60.20	4493295	Deceleration	39	20
2026-04-10	17.48	15.65	53.45	3876102	Deceleration	3	19
2026-04-03	17.09	15.23	59.90	6310314	Deceleration	3	17
2026-03-27	15.38	14.82	52.82	6105675	Deceleration	-3	18
2026-03-20	15.63	14.47	52.99	9698002	Deceleration	0	14
2026-03-13	16.02	14.11	56.25	4066804	Deceleration	18	17
2026-03-06	17.80	13.73	74.56	4750181	Deceleration	30	23
2026-02-27	17.75	13.28	75.20	5242673	Deceleration	35	24
2026-02-20	18.98	12.85	90.91	4139641	Upward Expansion	41	28
2026-02-13	17.92	12.41	86.55	4585317	Upward Expansion	48	40
2026-02-06	19.55	12.01	105.17	5646991	Upward Expansion	63	58
2026-01-30	20.52	11.53	116.20	5481190	Upward Expansion	66	78
2026-01-23	22.84	11.00	146.59	5225876	Upward Expansion	73	75
2026-01-16	23.71	10.40	165.58	7606328	Upward Expansion	86	72
2026-01-09	24.28	9.76	179.84	35041978	Upward Expansion	91	70
2026-01-02	15.31	9.12	87.50	2814635	Upward Expansion	63	57
2025-12-26	17.29	8.77	111.47	3253599	Upward Expansion	74	68
2025-12-19	15.54	8.34	96.50	11458189	Upward Expansion	67	66
2025-12-12	16.31	7.95	111.11	3763689	Upward Expansion	71	69
2025-12-05	17.41	7.54	125.29	3742798	Upward Expansion	88	75
2025-11-28	16.17	7.09	114.65	3779533	Upward Expansion	89	75
2025-11-21	14.22	6.72	99.89	3629723	Upward Expansion	80	84
2025-11-14	14.36	6.42	97.91	6636305	Upward Expansion	90	92
2025-11-07	12.31	6.09	71.60	4418018	Upward Expansion	79	91
2025-10-31	12.85	5.82	74.22	6849315	Upward Expansion	94	98
2025-10-24	11.14	5.52	54.49	4203617	Upward Expansion	90	96
2025-10-17	10.05	5.32	44.34	5803109	Upward Expansion	87	95
2025-10-10	10.04	5.18	49.08	8740043	Upward Expansion	94	97
2025-10-03	7.74	5.05	13.66	3852497	Upward Expansion	85	88
2025-09-26	7.49	5.01	11.76	4662908	Upward Expansion	85	79
2025-09-19	6.33	4.94	-5.67	40369769	Balance	43	40
2025-09-12	4.81	4.94	-27.14	1564740	Balance	-22	9
2025-09-05	4.94	5.00	-24.40	1391285	Balance	-21	14
2025-08-29	4.80	5.06	-26.33	1540959	Balance	-36	26
2025-08-22	4.82	5.13	-26.79	1832318	Balance	-35	27
2025-08-15	4.58	5.15	-31.64	2125201	Balance	-37	21
2025-08-08	4.38	5.19	-34.52	1884978	Rotation Up	-34	20
2025-08-01	4.79	5.23	-25.86	2633526	Rotation Up	13	25
2025-07-25	5.67	5.31	-14.23	2094894	Balance	27	41
2025-07-18	5.94	5.36	-9.34	2541308	Balance	15	21
2025-07-11	5.16	5.39	-20.04	2107054	Balance	-9	9
2025-07-04	4.87	5.47	-24.74	1210480	Downward Expansion	-30	17
2025-06-27	4.60	5.62	-27.69	2597038	Downward Expansion	-32	20
2025-06-20	4.63	5.81	-24.13	1798987	Downward Expansion	-36	19
2025-06-13	4.91	5.94	-19.41	1874147	Downward Expansion	-41	27
2025-06-06	5.01	6.03	-18.05	2610270	Downward Expansion	-56	40
2025-05-30	4.18	6.18	-30.11	2421515	Downward Expansion	-60	54
2025-05-23	3.97	6.33	-32.46	2162090	Downward Expansion	-65	49
2025-05-16	3.98	6.36	-34.03	1870469	Downward Expansion	-67	46
2025-05-09	4.09	6.42	-28.02	1913845	Downward Expansion	-68	46
2025-05-02	4.97	6.44	-13.07	1601747	Downward Expansion	-58	49
2025-04-25	5.06	6.45	-8.88	2917369	Downward Expansion	-62	70
2025-04-18	4.55	6.45	-13.06	3615522	Downward Expansion	-64	76
2025-04-11	4.22	6.52	-21.70	6609328	Downward Expansion	-73	78
2025-04-04	3.95	6.58	-22.12	4161939	Downward Expansion	-79	71
2025-03-28	5.10	6.64	-10.35	3453329	Downward Expansion	-67	51
2025-03-21	5.80	6.67	-1.22	6873656	Balance	-30	33
2025-03-14	6.27	6.69	6.16	2286298	Balance	-22	25
2025-03-07	6.39	6.64	5.23	4061026	Balance	-21	15
2025-02-28	5.50	6.55	-12.54	1995702	Balance	-25	16
2025-02-21	6.22	6.50	-4.96	1875142	Balance	-3	6
2025-02-14	6.78	6.45	1.06	1928624	Deceleration	-2	7
2025-02-07	6.74	6.37	3.18	1852446	Deceleration	-14	21
2025-01-31	6.66	6.29	2.35	3772656	Deceleration	-17	27
2025-01-24	5.52	6.19	-16.13	2752469	Deceleration	-20	24
2025-01-17	5.66	6.13	-13.11	5279073	Deceleration	0	15
2025-01-10	5.70	6.06	-10.08	6023742	Deceleration	11	17
2025-01-03	7.17	6.00	10.04	2841961	Deceleration	31	23
2024-12-27	7.06	5.89	7.49	3213551	Deceleration	37	20
2024-12-20	6.93	5.79	6.42	9930733	Upward Expansion	44	32
2024-12-13	7.56	5.70	13.36	11582936	Upward Expansion	59	45
2024-12-06	9.41	5.62	42.59	11325458	Upward Expansion	66	66
2024-11-29	10.36	5.47	63.84	3233666	Upward Expansion	79	82
2024-11-22	8.49	5.31	37.94	4504147	Upward Expansion	64	76
2024-11-15	7.74	5.21	29.96	5394247	Upward Expansion	56	69
2024-11-08	9.26	5.15	51.83	8132473	Upward Expansion	77	74
2024-11-01	8.90	5.08	56.33	104656287	Deceleration	73	49
2024-10-25	4.89	5.02	-14.28	545182	Deceleration	-4	11
2024-10-18	5.52	5.09	-2.79	1021728	Deceleration	4	12
2024-10-11	4.93	5.16	-12.49	6799294	Rotation Up	5	7
2024-10-04	5.09	5.21	-9.03	1206255	Rotation Up	15	16
2024-09-27	5.17	5.25	-8.04	1819724	Rotation Up	29	28
2024-09-20	6.48	5.29	15.90	3555231	Rotation Up	33	55
2024-09-13	6.08	5.26	9.75	1455537	Rotation Up	27	56
2024-09-06	5.69	5.26	8.18	652537	Rotation Up	19	43
2024-08-30	6.17	5.23	9.89	1301073	Rotation Up	33	39
2024-08-23	6.33	5.18	11.21	1484696	Rotation Up	14	20
2024-08-16	4.68	5.15	-17.38	719631	Downward Expansion	-35	19
2024-08-09	3.94	5.17	-27.56	949768	Downward Expansion	-45	26
2024-08-02	4.01	5.23	-27.12	850174	Downward Expansion	-42	23
2024-07-26	4.67	5.28	-18.97	949357	Downward Expansion	-42	26
2024-07-19	4.26	5.32	-28.92	1387595	Downward Expansion	-48	37
2024-07-12	4.32	5.37	-31.80	1040444	Downward Expansion	-62	52
2024-07-05	3.64	5.39	-43.52	1187692	Downward Expansion	-67	70
2024-06-28	3.74	5.41	-40.87	1391998	Downward Expansion	-67	74
2024-06-21	3.63	5.39	-43.54	1548773	Rotation Down	-71	74
2024-06-14	3.83	5.37	-41.26	878899	Rotation Down	-43	62
2024-06-07	3.98	5.35	-37.94	1512283	Rotation Down	-43	60
2024-05-31	4.12	5.33	-34.93	651564	Rotation Down	-35	54
2024-05-24	4.16	5.31	-36.41	1282443	Deceleration	-34	42
2024-05-17	5.20	5.26	-20.37	1913848	Deceleration	-17	26
2024-05-10	4.85	5.18	-24.65	772934	Deceleration	-3	19
2024-05-03	5.65	5.18	-11.66	595044	Deceleration	24	19
2024-04-26	5.33	5.16	-16.15	500363	Upward Expansion	28	15
2024-04-19	5.85	5.14	-4.56	652264	Upward Expansion	55	34
2024-04-12	7.21	5.15	10.70	648639	Upward Expansion	64	60
2024-04-05	7.07	5.11	7.29	721111	Upward Expansion	62	58
2024-03-29	7.05	5.07	4.82	787065	Upward Expansion	64	63
2024-03-22	7.71	5.04	12.80	878862	Upward Expansion	79	72
2024-03-15	6.41	4.99	-3.95	848025	Upward Expansion	61	57
2024-03-08	6.29	4.98	-7.88	456446	Upward Expansion	61	53
2024-03-01	6.30	5.00	-9.84	756951	Balance	34	31
2024-02-23	5.72	5.02	-17.20	290479	Balance	25	16
2024-02-16	5.96	5.06	-13.32	1008981	Balance	21	13
2024-02-09	4.87	5.10	-30.99	474638	Balance	-2	7
2024-02-02	4.72	5.17	-32.82	486888	Rotation Up	4	9
2024-01-26	5.43	5.23	-23.21	487896	Rotation Up	19	23
2024-01-19	5.05	5.28	-29.16	727200	Rotation Up	22	39
2024-01-12	6.00	5.34	-14.86	1225577	Rotation Up	30	37
2024-01-05	5.52	5.39	-20.20	920429	Rotation Up	23	37
2023-12-29	5.65	5.43	-22.30	725657	Downward Expansion	7	29
2023-12-22	5.74	5.49	-22.06	1511589	Downward Expansion	-5	19
2023-12-15	5.00	5.51	-32.60	1940591	Downward Expansion	-34	22
2023-12-08	4.33	5.53	-40.99	1604905	Downward Expansion	-48	40
2023-12-01	3.12	5.58	-58.08	1506339	Downward Expansion	-65	57
2023-11-24	2.97	5.64	-61.05	382906	Downward Expansion	-70	61
2023-11-17	3.35	5.70	-56.62	846536	Downward Expansion	-65	73
2023-11-10	3.21	5.78	-58.54	1007602	Downward Expansion	-69	87
2023-11-03	3.58	5.90	-53.43	1280665	Downward Expansion	-68	87
2023-10-27	2.78	6.05	-62.24	1538282	Downward Expansion	-89	95
2023-10-20	2.74	6.22	-64.50	5157139	Downward Expansion	-95	93

Price vs TrendBelow-40.3%

Trend directionFalling-11.6%

Price vs current Fair ValuePremium+10.1%

Fair Value directionMoving away-157.5%

Relative Strength vs benchmarkLagging-47.5%

Relative strength directionWeakening-83.3%

Price momentumNegative-41.1%

Volume balanceSupply-led0.22×

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

-75 / ±100

-10.2 points since 2026-09-11

Energy

85 /100

+11.3 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.

GLUE Directional State ↗ GLUE Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance13

Rotation Up12

Upward Expansion20

Deceleration37

Rotation Down77

Downward Expansion96

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 10%Upward Expansion 26%Deceleration 19%Rotation Down 4%Downward Expansion 25%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-09-11	2026-10-09	Developing	-26.8%
Rotation Down	2026-08-28	2026-09-04	New	+3.4%
Balance	2026-08-07	2026-08-21	New	-9.9%
Upward Expansion	2026-07-10	2026-07-31	New	-28.3%
Balance	2026-06-12	2026-07-03	New	+32.8%
Deceleration	2026-02-27	2026-06-05	Established	-7.8%
Upward Expansion	2025-09-26	2026-02-20	Established	+153.4%
Balance	2025-08-15	2025-09-19	Developing	+38.2%
Rotation Up	2025-08-01	2025-08-08	New	-8.6%
Balance	2025-07-11	2025-07-25	New	+9.9%
Downward Expansion	2025-03-28	2025-07-04	Established	-4.5%
Balance	2025-02-21	2025-03-21	Developing	-6.8%
Deceleration	2024-12-27	2025-02-14	Developing	-4.0%
Upward Expansion	2024-11-08	2024-12-20	Developing	-25.2%

Classic Stage Analysis comparison

Stage 1 · Basing34

Stage 2 · Advancing0

Stage 3 · Distribution36

Stage 4 · Declining100

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: 100/100
Current Relative Strength: -47.52
Relative Strength direction: Weakening
Price momentum: -41.1%
Excess performance vs benchmark: -64.0%
Healthcare regime cohort: 90th percentile286 in cohort

Test GLUE trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.21×

Latest completed volume relative to typical participation.

Up/down volume0.22×

Participation balance between advancing and declining observations.

Accumulation / distribution0 / 5

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

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 GLUE Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity USD 11.14falling

Slow Activity USD 16.25falling

Trend Reference USD 17.27-40.3% close margin

Current Fair Value USD 9.36+10.1% close margin

Structural low USD 9.68shock / 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 +23.8%

Annualized volatility +74.0%

From structural high -60.0%

From structural low +15.2%

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	16	+3.0%-42.0% to +93.3%	+50.0%	+50.0%	-3.8%	+75.0%	Usable descriptive sample
Intermediate	7	+24.8%-39.1% to +62.8%	+71.4%	+28.6%	+16.2%	+42.9%	Usable descriptive sample
Extended	4	+47.0%-5.0% to +88.8%	+75.0%	+25.0%	+21.1%	+0.0%	Too little matched history
Full cycle	3	+23.0%-27.1% to +384.6%	+66.7%	+33.3%	+8.0%	+33.3%	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.

GLUE 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