Weekly structural research · NASDAQ · Healthcare

PLSE Stage Analysis

Pulse Biosciences Inc

Week ending 9 Oct 2026Close USD 53.81Tenure ExtendedBenchmark QQQ

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Upward Expansion · Established expansion

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: weakening.
Activity structure: wide and contracting.

Direction 69−100 bearish to +100 bullish

Energy 56/100directional strength

Maturity 100/100lifecycle context

Confidence 82/100evidence agreement

Trend gate Upstructural direction

Activity structure Widecontracting separation

Price acceptance +66.7%position within the Activity structure

Fair Value context +195.8%USD 18.19 · 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.
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	53.81	33.26	85.12	1947471	Upward Expansion	69	56
2026-10-02	47.90	32.19	68.66	2466029	Upward Expansion	64	58
2026-09-25	51.63	31.20	86.04	2636040	Upward Expansion	67	66
2026-09-18	53.87	30.10	104.68	3454735	Upward Expansion	74	69
2026-09-11	53.11	29.02	108.62	3910208	Upward Expansion	77	85
2026-09-04	53.24	28.01	113.65	3993495	Upward Expansion	85	94
2026-08-28	47.57	26.93	96.78	1509345	Upward Expansion	76	91
2026-08-21	50.42	25.81	114.22	2215738	Upward Expansion	93	97
2026-08-14	44.54	24.63	88.98	2476730	Upward Expansion	89	95
2026-08-07	42.41	23.62	85.58	1922598	Upward Expansion	91	87
2026-07-31	35.13	22.69	64.86	2645028	Upward Expansion	82	66
2026-07-24	30.23	21.96	44.83	2004278	Upward Expansion	69	54
2026-07-17	28.68	21.44	36.74	1125587	Upward Expansion	64	56
2026-07-10	26.29	20.99	21.23	1489323	Upward Expansion	59	48
2026-07-03	29.20	20.59	37.75	1169776	Upward Expansion	71	54
2026-06-26	28.45	20.06	36.52	2772966	Upward Expansion	71	46
2026-06-19	25.60	19.56	18.30	1195828	Upward Expansion	60	42
2026-06-12	24.37	19.14	16.04	1615100	Upward Expansion	56	54
2026-06-05	25.33	18.81	23.70	1650596	Upward Expansion	60	61
2026-05-29	25.00	18.48	16.86	1000635	Upward Expansion	62	53
2026-05-22	25.89	18.21	24.56	1676961	Upward Expansion	68	42
2026-05-15	24.55	17.95	19.77	3585516	Upward Expansion	63	34
2026-05-08	19.08	17.72	-7.12	1329644	Upward Expansion	38	24
2026-05-01	20.83	17.67	6.39	1225524	Upward Expansion	51	30
2026-04-24	23.02	17.62	19.04	1160926	Upward Expansion	61	39
2026-04-17	23.40	17.45	23.40	1193953	Upward Expansion	66	40
2026-04-10	18.67	17.25	4.26	1571118	Upward Expansion	54	36
2026-04-03	23.00	17.11	33.74	925584	Upward Expansion	69	50
2026-03-27	20.57	16.85	24.66	982309	Upward Expansion	57	41
2026-03-20	22.10	16.68	29.69	1504502	Upward Expansion	70	46
2026-03-13	21.57	16.52	24.46	1588216	Upward Expansion	71	49
2026-03-06	18.14	16.33	3.68	1169390	Upward Expansion	60	68
2026-02-27	18.73	16.22	5.35	1801148	Upward Expansion	62	77
2026-02-20	21.42	16.09	19.76	2249340	Upward Expansion	73	82
2026-02-13	23.01	15.87	29.95	3520876	Rotation Up	77	77
2026-02-06	20.75	15.61	15.63	3832530	Rotation Up	39	33
2026-01-30	13.83	15.45	-24.83	710361	Downward Expansion	-44	22
2026-01-23	15.09	15.50	-19.04	595943	Downward Expansion	-37	22
2026-01-16	14.25	15.50	-23.87	833106	Downward Expansion	-40	27
2026-01-09	14.49	15.53	-23.78	1030133	Downward Expansion	-41	24
2026-01-02	13.39	15.58	-28.63	661266	Downward Expansion	-54	31
2025-12-26	14.40	15.70	-25.33	592507	Downward Expansion	-44	29
2025-12-19	15.26	15.80	-20.46	1252282	Downward Expansion	-57	43
2025-12-12	14.24	15.85	-25.83	972916	Downward Expansion	-62	67
2025-12-05	13.27	15.95	-32.61	708993	Downward Expansion	-68	72
2025-11-28	13.69	16.08	-30.48	585746	Balance	-55	63
2025-11-21	13.01	16.19	-31.50	1224506	Balance	-45	40
2025-11-14	14.40	16.36	-27.09	944356	Balance	-23	21
2025-11-07	15.46	16.47	-22.30	616213	Upward Expansion	20	12
2025-10-31	16.93	16.49	-18.18	643844	Upward Expansion	50	28
2025-10-24	18.08	16.43	-11.11	563990	Upward Expansion	58	53
2025-10-17	17.56	16.38	-12.09	701585	Rotation Up	55	60
2025-10-10	17.60	16.33	-10.06	867555	Rotation Up	28	49
2025-10-03	19.29	16.30	-3.93	1140396	Balance	33	48
2025-09-26	17.77	16.24	-10.48	787119	Balance	23	21
2025-09-19	17.61	16.26	-11.98	1993752	Balance	1	2
2025-09-12	14.52	16.32	-26.19	1307745	Downward Expansion	-58	25
2025-09-05	15.11	16.54	-22.41	440800	Downward Expansion	-38	21
2025-08-29	15.54	16.76	-19.97	715213	Downward Expansion	-33	18
2025-08-22	17.05	16.94	-13.03	609521	Downward Expansion	-21	12
2025-08-15	16.16	16.97	-19.03	1309402	Downward Expansion	-53	32
2025-08-08	14.71	17.02	-26.44	670848	Downward Expansion	-62	49
2025-08-01	14.75	17.15	-23.88	798147	Downward Expansion	-63	41
2025-07-25	14.93	17.31	-24.92	524463	Downward Expansion	-63	46
2025-07-18	15.10	17.41	-23.82	806805	Downward Expansion	-62	51
2025-07-11	16.03	17.51	-18.41	988483	Downward Expansion	-57	55
2025-07-04	15.30	17.56	-22.77	736741	Downward Expansion	-61	63
2025-06-27	15.08	17.71	-22.63	876591	Downward Expansion	-64	57
2025-06-20	15.30	17.92	-18.06	970381	Balance	-61	44
2025-06-13	15.77	18.00	-15.26	1008239	Balance	-57	30
2025-06-06	17.10	18.03	-8.40	764515	Balance	-43	19
2025-05-30	17.30	18.12	-5.09	583824	Balance	-33	16
2025-05-23	16.89	18.03	-5.18	780190	Balance	-34	16
2025-05-16	17.19	18.05	-5.34	843348	Balance	-30	15
2025-05-09	17.07	18.06	1.33	837865	Balance	-31	18
2025-05-02	17.19	18.06	2.90	830030	Balance	-35	16
2025-04-25	17.91	18.02	11.97	870009	Balance	-39	22
2025-04-18	17.74	17.99	19.45	592273	Rotation Down	-26	23
2025-04-11	16.04	18.00	6.94	837099	Rotation Down	-31	46
2025-04-04	15.08	18.08	9.28	1533378	Rotation Down	-41	53
2025-03-28	16.60	18.15	9.61	1429092	Rotation Down	-21	38
2025-03-21	16.06	18.22	4.55	1030494	Balance	-26	29
2025-03-14	16.91	18.40	11.24	713308	Balance	-17	19
2025-03-07	17.37	18.47	12.22	872610	Upward Expansion	18	10
2025-02-28	18.31	18.41	15.41	760188	Upward Expansion	42	28
2025-02-21	19.47	18.30	19.49	580893	Upward Expansion	51	50
2025-02-14	20.99	18.22	27.20	660283	Upward Expansion	55	53
2025-02-07	21.78	18.05	37.34	1222316	Upward Expansion	62	45
2025-01-31	20.93	17.94	34.04	779972	Upward Expansion	56	26
2025-01-24	18.12	17.65	15.83	514476	Upward Expansion	29	12
2025-01-17	17.61	17.42	15.32	617973	Upward Expansion	26	11
2025-01-10	18.46	17.19	25.54	468352	Upward Expansion	34	16
2025-01-03	19.63	16.97	31.99	732557	Upward Expansion	43	18
2024-12-27	18.02	16.73	21.46	450348	Upward Expansion	44	19
2024-12-20	17.98	16.51	22.66	963355	Upward Expansion	49	35
2024-12-13	17.65	16.29	18.00	1067935	Upward Expansion	52	41
2024-12-06	19.75	15.97	33.86	657216	Upward Expansion	55	49
2024-11-29	21.40	15.56	51.18	889034	Deceleration	71	52
2024-11-22	17.68	15.10	27.49	637603	Deceleration	35	17
2024-11-15	16.64	14.75	23.62	1539931	Deceleration	31	16
2024-11-08	19.87	14.44	44.37	866696	Deceleration	49	24
2024-11-01	14.56	14.02	13.62	964671	Deceleration	7	7
2024-10-25	17.62	13.78	36.95	508395	Deceleration	35	18
2024-10-18	17.30	13.49	37.07	509263	Deceleration	32	17
2024-10-11	17.08	13.21	38.08	503209	Deceleration	33	18
2024-10-04	15.98	12.98	33.18	791946	Deceleration	34	20
2024-09-27	17.20	12.77	45.93	644154	Deceleration	39	26
2024-09-20	17.87	12.54	56.12	1240191	Upward Expansion	53	36
2024-09-13	18.51	12.25	67.54	729064	Upward Expansion	58	47
2024-09-06	17.19	11.94	68.49	465138	Upward Expansion	59	54
2024-08-30	18.64	11.64	75.93	1177675	Upward Expansion	61	54
2024-08-23	21.48	11.33	105.92	836880	Upward Expansion	80	59
2024-08-16	19.01	10.90	88.35	1009124	Upward Expansion	74	52
2024-08-09	15.65	10.54	66.00	768858	Upward Expansion	61	48
2024-08-02	14.83	10.28	60.08	693525	Upward Expansion	63	71
2024-07-26	17.07	10.09	80.79	1161400	Upward Expansion	72	78
2024-07-19	15.96	9.93	66.87	1347268	Upward Expansion	72	73
2024-07-12	18.58	9.82	89.42	3193400	Upward Expansion	89	71
2024-07-05	12.05	9.53	24.81	653072	Upward Expansion	63	42
2024-06-28	11.19	9.44	20.74	1632364	Upward Expansion	59	54
2024-06-21	10.74	9.38	16.25	649211	Upward Expansion	61	68
2024-06-14	12.03	9.26	31.08	887267	Upward Expansion	67	71
2024-06-07	12.38	9.06	40.75	1832548	Upward Expansion	74	62
2024-05-31	11.55	8.82	35.84	1588477	Rotation Down	42	36
2024-05-24	11.37	8.60	32.62	1660936	Rotation Down	27	21
2024-05-17	7.81	8.36	-6.98	962053	Rotation Down	-25	22
2024-05-10	7.45	8.24	-9.60	943670	Rotation Down	-29	34
2024-05-03	7.82	8.12	-4.49	836404	Rotation Down	-31	49
2024-04-26	7.19	8.01	-11.77	536367	Rotation Down	-26	51
2024-04-19	7.19	7.90	-8.61	920474	Balance	-25	39
2024-04-12	7.22	7.80	-13.30	798157	Balance	-7	22
2024-04-05	7.57	7.72	-9.72	1401999	Balance	2	7
2024-03-29	8.71	7.62	3.63	702918	Upward Expansion	38	21
2024-03-22	8.96	7.49	7.03	562678	Upward Expansion	53	39
2024-03-15	10.31	7.42	28.30	948506	Upward Expansion	60	45
2024-03-08	9.64	7.36	20.31	834984	Upward Expansion	53	34
2024-03-01	10.27	7.28	27.60	789465	Deceleration	60	34
2024-02-23	9.12	7.18	17.35	540305	Deceleration	38	22
2024-02-16	9.18	7.17	21.41	742728	Deceleration	36	19
2024-02-09	8.38	7.09	10.64	781816	Deceleration	32	21
2024-02-02	9.13	7.04	24.06	651801	Deceleration	34	25
2024-01-26	8.52	6.96	18.52	1281795	Deceleration	36	28
2024-01-19	8.28	6.91	17.13	794621	Upward Expansion	46	33
2024-01-12	8.03	6.85	18.10	1141674	Upward Expansion	63	54
2024-01-05	9.03	6.79	38.01	1122774	Upward Expansion	67	65
2023-12-29	12.24	6.72	83.84	1388348	Upward Expansion	84	93
2023-12-22	12.66	6.53	95.26	2902268	Rotation Up	95	98
2023-12-15	9.84	6.31	57.30	1803221	Rotation Up	57	84
2023-12-08	9.48	6.21	59.59	2264963	Rotation Up	52	80
2023-12-01	9.16	6.16	57.87	2508339	Rotation Up	55	72
2023-11-24	7.27	6.11	28.12	761044	Downward Expansion	11	30
2023-11-17	6.12	6.08	10.58	1154544	Downward Expansion	-18	21
2023-11-10	5.16	6.07	-3.71	835376	Downward Expansion	-43	30
2023-11-03	4.92	6.10	-4.68	723254	Downward Expansion	-49	41
2023-10-27	4.17	6.05	-13.30	386404	Downward Expansion	-62	54
2023-10-20	4.03	6.03	-17.92	436879	Downward Expansion	-65	62

Price vs TrendAbove+61.8%

Trend directionRising+46.6%

Price vs current Fair ValuePremium+195.8%

Fair Value directionClosing upward+119.1%

Relative Strength vs benchmarkLeading+85.1%

Relative strength directionImproving+63.9%

Price momentumPositive+188.2%

Volume balanceDemand-led2.07×

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

69 / ±100

-7.9 points since 2026-09-11

Energy

56 /100

-29.3 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.

PLSE Directional State ↗ PLSE Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance8

Rotation Up53

Upward Expansion83

Deceleration69

Rotation Down27

Downward Expansion9

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 13%Rotation Up 5%Upward Expansion 48%Deceleration 10%Rotation Down 6%Downward Expansion 17%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Upward Expansion	2026-02-20	2026-10-09	Extended	+151.2%
Rotation Up	2026-02-06	2026-02-13	New	+10.9%
Downward Expansion	2025-12-05	2026-01-30	Developing	+4.2%
Balance	2025-11-14	2025-11-28	New	-4.9%
Upward Expansion	2025-10-24	2025-11-07	New	-14.5%
Rotation Up	2025-10-10	2025-10-17	New	-0.2%
Balance	2025-09-19	2025-10-03	New	+9.5%
Downward Expansion	2025-06-27	2025-09-12	Developing	-3.7%
Balance	2025-04-25	2025-06-20	Developing	-14.6%
Rotation Down	2025-03-28	2025-04-18	New	+6.9%
Balance	2025-03-14	2025-03-21	New	-5.0%
Upward Expansion	2024-12-06	2025-03-07	Established	-12.1%
Deceleration	2024-09-27	2024-11-29	Developing	+24.4%
Upward Expansion	2024-06-07	2024-09-20	Established	+44.3%

Classic Stage Analysis comparison

Stage 1 · Basing21

Stage 2 · Advancing100

Stage 3 · Distribution49

Stage 4 · Declining0

Legacy result: Stage 2 · Stage 2C · 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: 97/100
Current Relative Strength: 85.12
Relative Strength direction: Improving
Price momentum: +188.2%
Excess performance vs benchmark: +165.3%
Healthcare regime cohort: 59th percentile135 in cohort

Test PLSE trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.90×

Latest completed volume relative to typical participation.

Up/down volume2.07×

Participation balance between advancing and declining observations.

Accumulation / distribution5 / 3

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+0.0%

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 PLSE Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity USD 51.76rising

Slow Activity USD 39.60rising

Trend Reference USD 33.26+61.8% close margin

Current Fair Value USD 18.19+195.8% close margin

Structural low USD 18.22shock / 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 +13.2%

Annualized volatility +69.8%

From structural high -8.6%

From structural low +328.4%

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 move	Positive periods	Directional follow-through	Median excess vs QQQ	Regime survived	Read
Near term	29	+3.2%-44.2% to +105.3%	+51.7%	+51.7%	-2.5%	+75.9%	Usable descriptive sample
Intermediate	12	+18.6%-28.8% to +110.4%	+58.3%	+58.3%	+3.9%	+66.7%	Usable descriptive sample
Extended	6	+42.1%-16.3% to +144.9%	+66.7%	+66.7%	+33.0%	+66.7%	Usable descriptive sample
Full cycle	3	+47.2%-20.1% to +284.4%	+66.7%	+66.7%	+18.9%	+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.

PLSE Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding upward.

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

Leading 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 upward.

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 ?

Leading 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