Weekly structural research ยท NASDAQ ยท Healthcare

TNDM Stage Analysis

Tandem Diabetes Care Inc

Week ending 9 Oct 2026Close USD 16.11Tenure NewBenchmark QQQ
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Downward Expansion ยท 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: compressed and expanding.
Direction -50โˆ’100 bearish to +100 bullish
Energy 46/100directional strength
Maturity 11/100lifecycle context
Confidence 64/100evidence agreement
Trend gate Downstructural direction
Activity structure Compressedexpanding separation
Price acceptance -83.3%position within the Activity structure
Fair Value context -36.5%USD 25.38 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.
  • Downward ExpansionDowntrend is established.
View chart values ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-10-0916.1118.25-26.579878891Downward Expansion-5046
2026-10-0216.5018.43-24.7411540739Balance-4841
2026-09-2515.7218.59-27.9213087921Balance-2631
2026-09-1816.8718.90-20.0412950162Balance-1518
2026-09-1117.1119.16-18.046585380Rotation Up-19
2026-09-0419.9019.22-5.036669640Rotation Up3348
2026-08-2821.4319.203.035321636Rotation Up2760
2026-08-2122.3219.158.329128900Rotation Up3160
2026-08-1422.7219.078.258913019Rotation Up3552
2026-08-0722.3818.988.7018853301Downward Expansion3231
2026-07-3119.5018.960.319240072Downward Expansion-1712
2026-07-2417.1219.03-11.427469663Downward Expansion-4023
2026-07-1717.0819.20-13.239245301Downward Expansion-5433
2026-07-1015.4119.37-25.067121082Downward Expansion-6049
2026-07-0315.3219.57-24.515553628Downward Expansion-6139
2026-06-2616.2419.75-19.7613830457Downward Expansion-4426
2026-06-1915.3019.91-28.378229264Downward Expansion-5227
2026-06-1216.6020.11-21.1514094976Downward Expansion-5530
2026-06-0519.3420.18-7.0214129913Downward Expansion-5752
2026-05-2917.2020.08-21.6412647291Downward Expansion-6270
2026-05-2214.9619.97-30.5313197616Balance-6572
2026-05-1512.8219.97-40.5217524475Balance-5160
2026-05-0815.4820.03-29.5916990249Balance-4340
2026-05-0119.4219.98-8.268671942Balance-1315
2026-04-2420.3619.83-3.247454203Balance1015
2026-04-1720.6119.55-0.368202317Balance1016
2026-04-1019.1819.28-1.927126692Balance1412
2026-04-0318.6119.05-0.976777675Upward Expansion169
2026-03-2721.0018.8515.639597178Upward Expansion4826
2026-03-2024.8218.5731.9411907757Upward Expansion6750
2026-03-1321.5918.1412.539033790Upward Expansion5444
2026-03-0621.1417.788.838811011Upward Expansion5441
2026-02-2725.3017.4528.5225402576Deceleration7449
2026-02-2024.5717.1224.3417444284Deceleration7238
2026-02-1318.9516.83-4.074877873Deceleration2822
2026-02-0619.1716.69-5.904972726Deceleration3223
2026-01-3019.8916.57-6.336692360Deceleration3925
2026-01-2319.9016.47-8.445608678Upward Expansion4433
2026-01-1620.1616.43-8.906410517Upward Expansion5044
2026-01-0921.7016.44-4.607368265Upward Expansion6356
2026-01-0221.5516.40-5.013264917Upward Expansion6661
2025-12-2622.3516.38-4.984176037Upward Expansion7371
2025-12-1922.0716.30-6.689504659Rotation Up7483
2025-12-1221.3916.25-10.578310913Rotation Up4678
2025-12-0520.9216.31-15.328855588Rotation Up4678
2025-11-2821.0116.38-15.099356421Rotation Up5679
2025-11-2121.2816.39-10.8816090064Rotation Up5373
2025-11-1418.6116.28-25.3614011942Balance4351
2025-11-0716.2616.22-35.6314754655Balance920
2025-10-3114.0016.25-47.107455548Balance-1517
2025-10-2414.9516.35-43.537219627Downward Expansion-1420
2025-10-1714.7916.49-43.919926681Downward Expansion-3222
2025-10-1014.0016.68-46.7210153163Downward Expansion-3925
2025-10-0314.7116.85-46.489335782Downward Expansion-4334
2025-09-2612.0016.96-56.947626561Downward Expansion-6249
2025-09-1912.5717.29-56.3111412762Downward Expansion-5949
2025-09-1212.2717.91-57.658573143Downward Expansion-6257
2025-09-0512.5818.62-56.996726243Downward Expansion-6566
2025-08-2912.5119.40-57.979664706Downward Expansion-6681
2025-08-2211.9320.22-61.0310462331Downward Expansion-7085
2025-08-1510.8221.04-65.8814016564Downward Expansion-8486
2025-08-0811.2321.85-65.3323188579Downward Expansion-8986
2025-08-0115.4022.67-51.748715994Downward Expansion-6879
2025-07-2515.8923.39-52.357441786Downward Expansion-6679
2025-07-1814.7724.09-56.159082584Downward Expansion-8084
2025-07-1115.5924.79-54.099117788Downward Expansion-7977
2025-07-0416.7825.36-51.769360615Downward Expansion-6750
2025-06-2718.9425.80-45.617567842Downward Expansion-5339
2025-06-2020.2226.19-40.434287936Downward Expansion-4536
2025-06-1320.7626.55-39.777323279Downward Expansion-4134
2025-06-0620.7826.77-41.027025568Downward Expansion-4030
2025-05-3019.8227.09-43.666015404Downward Expansion-4330
2025-05-2320.7227.50-41.236709986Downward Expansion-3528
2025-05-1623.0827.85-37.357488863Downward Expansion-3928
2025-05-0922.9828.26-34.427790503Downward Expansion-4738
2025-05-0221.4828.73-39.6811528401Downward Expansion-5452
2025-04-2518.0629.41-48.356782638Downward Expansion-6765
2025-04-1816.8630.22-49.275744218Downward Expansion-7368
2025-04-1117.0631.15-50.2911401270Downward Expansion-7576
2025-04-0416.8832.04-47.655872788Downward Expansion-8091
2025-03-2819.2832.89-46.604673901Downward Expansion-7189
2025-03-2120.2933.70-45.656704123Downward Expansion-7190
2025-03-1419.1734.51-48.8511193172Downward Expansion-8494
2025-03-0717.9635.36-53.5613670555Downward Expansion-9192
2025-02-2822.1436.01-45.0521650186Downward Expansion-8374
2025-02-2131.0036.66-26.024037958Balance-5130
2025-02-1433.4736.97-22.075152825Balance-2914
2025-02-0736.1037.31-13.393882845Balance-613
2025-01-3137.0637.64-10.653484777Balance-010
2025-01-2436.5037.75-12.873876607Balance-414
2025-01-1735.1537.88-14.525646584Balance-918
2025-01-1036.0038.13-9.763970436Downward Expansion-1824
2025-01-0336.8338.44-9.533544053Downward Expansion-1823
2024-12-2736.8838.84-10.092849769Downward Expansion-2721
2024-12-2035.9139.32-11.708583529Downward Expansion-4028
2024-12-1332.6639.85-21.556965253Downward Expansion-5743
2024-12-0630.1140.34-27.296011908Downward Expansion-6254
2024-11-2930.6340.81-23.693907651Downward Expansion-6471
2024-11-2230.8141.28-22.547954707Downward Expansion-6680
2024-11-1527.3441.43-29.798522568Downward Expansion-8289
2024-11-0830.6041.53-23.9412523322Downward Expansion-7583
2024-11-0131.9141.63-15.895276496Downward Expansion-7580
2024-10-2531.3541.69-18.236499029Balance-7773
2024-10-1835.3441.82-7.425868360Balance-3744
2024-10-1137.0741.65-2.267321532Balance-3023
2024-10-0441.7841.3712.275332061Deceleration249
2024-09-2742.4541.0015.167674783Deceleration3114
2024-09-2044.6340.5123.235492569Deceleration4120
2024-09-1343.9739.9924.325038007Deceleration3721
2024-09-0642.4039.3428.113892675Deceleration3421
2024-08-3043.5038.7024.834333774Deceleration3116
2024-08-2344.6038.0327.575950761Deceleration3315
2024-08-1644.7037.3029.815302263Deceleration2214
2024-08-0937.5036.6415.2211311246Deceleration-110
2024-08-0241.6736.2428.6815267745Deceleration2114
2024-07-2640.0535.7819.968657497Deceleration3016
2024-07-1943.6635.4327.155715970Deceleration3522
2024-07-1246.0734.9628.986532117Deceleration4128
2024-07-0540.4234.3813.254599310Deceleration3530
2024-06-2840.2933.8317.3516419899Upward Expansion4433
2024-06-2142.8433.2025.284981055Upward Expansion6154
2024-06-1445.3332.4033.556362376Upward Expansion6670
2024-06-0748.8531.4849.805479186Upward Expansion6887
2024-05-3151.2330.3362.944969125Upward Expansion7992
2024-05-2451.7329.1563.8910761520Upward Expansion8795
2024-05-1747.3028.0253.466098704Upward Expansion8491
2024-05-1044.3627.0947.937985161Upward Expansion8477
2024-05-0344.7226.2051.3113056119Upward Expansion8965
2024-04-2635.2425.3520.257009757Upward Expansion7251
2024-04-1930.4324.866.675880016Upward Expansion6256
2024-04-1233.5024.549.704827539Upward Expansion6772
2024-04-0533.6624.148.046577603Upward Expansion7073
2024-03-2935.4123.8111.107976970Upward Expansion8378
2024-03-2230.2623.55-6.759010179Upward Expansion6567
2024-03-1528.6223.45-10.777461780Upward Expansion5967
2024-03-0830.7023.47-7.0822154805Upward Expansion7065
2024-03-0127.5823.39-19.0310208583Deceleration5536
2024-02-2329.1323.58-14.4311751892Deceleration6330
2024-02-1624.4223.80-28.276943432Deceleration-315
2024-02-0923.3024.09-33.904354981Deceleration-317
2024-02-0223.2224.32-34.224821683Deceleration115
2024-01-2622.9124.36-35.717167150Rotation Up79
2024-01-1924.7524.41-31.418649568Rotation Up2229
2024-01-1225.6624.42-28.377839438Rotation Up2756
2024-01-0527.8024.47-21.366480770Rotation Up2967
2023-12-2929.5824.36-20.693527048Rotation Up3969
2023-12-2229.4924.20-22.286690976Rotation Up4450
2023-12-1528.6324.11-25.1611213968Downward Expansion2033
2023-12-0824.0124.09-36.198293109Downward Expansion-1822
2023-12-0121.1924.39-44.396825697Downward Expansion-4636
2023-11-2419.0524.85-50.853374132Downward Expansion-6152
2023-11-1717.7925.54-54.4810086107Downward Expansion-6464
2023-11-1014.2826.19-63.359705070Downward Expansion-8083
2023-11-0315.7527.10-59.1814176405Downward Expansion-7776
2023-10-2717.9927.96-51.188885136Downward Expansion-6963
2023-10-2019.3228.71-50.287590816Downward Expansion-6567
Price vs TrendBelow-11.7%
Trend directionFalling-3.7%
Price vs current Fair ValueBelow anchor-36.5%
Fair Value directionClosing upward+4.2%
Relative Strength vs benchmarkLagging-26.6%
Relative strength directionWeakening-1.5%
Price momentumNegative-16.0%
Volume balanceDemand-led1.03ร—
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

-50 / ยฑ100

-48.7 points since 2026-09-11

Energy

46 /100

+37.0 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.

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance34
Rotation Up7
Upward Expansion13
Deceleration51
Rotation Down72
Downward Expansion76

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 14%Rotation Up 10%Upward Expansion 17%Deceleration 15%Downward Expansion 43%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Downward Expansion2026-10-092026-10-09New+0.0%
Balance2026-09-182026-10-02New-2.2%
Rotation Up2026-08-142026-09-11Developing-24.7%
Downward Expansion2026-05-292026-08-07Developing+30.1%
Balance2026-04-102026-05-22Developing-22.0%
Upward Expansion2026-03-062026-04-03Developing-12.0%
Deceleration2026-01-302026-02-27Developing+27.2%
Upward Expansion2025-12-262026-01-23Developing-11.0%
Rotation Up2025-11-212025-12-19Developing+3.7%
Balance2025-10-312025-11-14New+32.9%
Downward Expansion2025-02-282025-10-24Extended-32.5%
Balance2025-01-172025-02-21Developing-11.8%
Downward Expansion2024-11-012025-01-10Developing+12.8%
Balance2024-10-112024-10-25New-15.4%
Classic Stage Analysis comparison
Stage 1 ยท Basing63
Stage 2 ยท Advancing0
Stage 3 ยท Distribution16
Stage 4 ยท Declining100

Legacy result: Stage 4 ยท Stage 4A ยท Breakdown. 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
84/100
Current Relative Strength
-26.57
Relative Strength direction
Weakening
Price momentum
-16.0%
Excess performance vs benchmark
-38.9%
Healthcare regime cohort
6th percentile286 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.97ร—

Latest completed volume relative to typical participation.

Up/down volume1.03ร—

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 rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+37.5%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity USD 16.30falling
Slow Activity USD 18.00falling
Trend Reference USD 18.25-11.7% close margin
Current Fair Value USD 25.38-36.5% close margin
Structural low USD 12.26shock / 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 +17.1%
Annualized volatility +73.8%
From structural high -45.7%
From structural low +31.4%
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 QQQ Regime survived Read
Near term37-1.2%-36.0% to +54.8%+43.2%+56.8%-4.0%+86.5%Usable descriptive sample
Intermediate13-0.7%-51.3% to +67.9%+38.5%+61.5%-12.4%+69.2%Usable descriptive sample
Extended6-33.8%-50.6% to +31.6%+16.7%+83.3%-33.7%+66.7%Usable descriptive sample
Full cycle3-56.1%-64.5% to -30.4%+0.0%+100.0%-73.5%+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.

Evidence context