Weekly structural research · NASDAQ · Consumer Cyclical

FLL Stage Analysis

Full House Resorts Inc

Week ending 9 Oct 2026Close USD 1.21Tenure 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 -91−100 bearish to +100 bullish

Energy 95/100directional strength

Maturity 30/100lifecycle context

Confidence 80/100evidence agreement

Trend gate Downstructural direction

Activity structure Wideexpanding separation

Price acceptance -100.0%position within the Activity structure

Fair Value context -68.5%USD 3.84 · 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	1.21	2.36	-56.96	1581757	Downward Expansion	-91	95
2026-10-02	1.39	2.41	-51.15	1144951	Downward Expansion	-91	93
2026-09-25	1.70	2.45	-40.80	822272	Downward Expansion	-83	84
2026-09-18	1.90	2.47	-32.77	1329108	Downward Expansion	-75	77
2026-09-11	2.01	2.48	-29.31	543742	Downward Expansion	-68	72
2026-09-04	2.07	2.49	-28.61	531718	Rotation Down	-65	61
2026-08-28	2.06	2.49	-29.72	761224	Rotation Down	-40	50
2026-08-21	2.09	2.50	-29.57	793816	Rotation Down	-42	53
2026-08-14	2.23	2.52	-27.92	317875	Rotation Down	-26	47
2026-08-07	2.43	2.53	-21.69	605521	Rotation Down	-18	38
2026-07-31	2.21	2.53	-26.13	796250	Balance	-28	31
2026-07-24	2.33	2.54	-23.32	426534	Balance	-20	21
2026-07-17	2.40	2.55	-23.97	487615	Balance	15	12
2026-07-10	2.64	2.57	-21.50	581336	Upward Expansion	44	23
2026-07-03	2.79	2.58	-17.10	449284	Upward Expansion	49	50
2026-06-26	2.79	2.58	-17.60	743057	Upward Expansion	48	45
2026-06-19	2.88	2.58	-19.71	913896	Upward Expansion	49	40
2026-06-12	3.32	2.57	-6.28	1920001	Balance	70	40
2026-06-05	2.45	2.54	-29.56	1190694	Balance	-3	4
2026-05-29	2.50	2.54	-32.02	628646	Balance	16	16
2026-05-22	2.66	2.54	-26.50	923414	Rotation Up	23	30
2026-05-15	2.67	2.55	-26.03	1049619	Rotation Up	14	29
2026-05-08	2.97	2.54	-18.99	1193267	Balance	31	34
2026-05-01	2.54	2.53	-27.53	490903	Balance	7	9
2026-04-24	2.49	2.55	-28.62	852492	Balance	-15	11
2026-04-17	2.61	2.58	-24.32	509549	Balance	-9	4
2026-04-10	2.48	2.60	-24.35	712452	Downward Expansion	-30	17
2026-04-03	2.55	2.63	-19.55	498734	Downward Expansion	-28	15
2026-03-27	2.15	2.66	-30.35	482616	Downward Expansion	-50	22
2026-03-20	2.32	2.71	-28.54	443191	Downward Expansion	-39	20
2026-03-13	2.61	2.76	-22.51	683929	Downward Expansion	-32	16
2026-03-06	2.68	2.79	-22.29	1057636	Downward Expansion	-37	26
2026-02-27	2.24	2.82	-36.62	740261	Downward Expansion	-64	60
2026-02-20	2.25	2.89	-37.83	261862	Downward Expansion	-65	66
2026-02-13	2.26	2.98	-38.13	429856	Downward Expansion	-67	66
2026-02-06	2.24	3.06	-40.67	993913	Downward Expansion	-71	63
2026-01-30	2.32	3.14	-40.92	971115	Downward Expansion	-68	56
2026-01-23	2.48	3.20	-38.18	573630	Downward Expansion	-60	46
2026-01-16	2.62	3.24	-35.51	812154	Downward Expansion	-53	39
2026-01-09	2.52	3.28	-39.45	429756	Downward Expansion	-60	38
2026-01-02	2.50	3.30	-39.49	673626	Downward Expansion	-50	26
2025-12-26	2.69	3.32	-36.96	1046943	Downward Expansion	-37	23
2025-12-19	2.88	3.34	-32.28	1107138	Downward Expansion	-35	24
2025-12-12	3.08	3.35	-27.84	872059	Downward Expansion	-40	26
2025-12-05	2.78	3.37	-36.68	647131	Downward Expansion	-49	43
2025-11-28	2.69	3.39	-38.81	501182	Downward Expansion	-61	52
2025-11-21	2.49	3.40	-41.35	1091728	Downward Expansion	-66	68
2025-11-14	2.39	3.42	-46.23	713969	Downward Expansion	-74	76
2025-11-07	2.63	3.44	-41.72	1352626	Downward Expansion	-65	78
2025-10-31	2.45	3.46	-48.12	908951	Downward Expansion	-78	86
2025-10-24	2.82	3.49	-40.15	949973	Downward Expansion	-65	80
2025-10-17	2.60	3.53	-44.39	1546402	Downward Expansion	-80	84
2025-10-10	2.61	3.59	-43.64	1027710	Rotation Down	-85	80
2025-10-03	3.01	3.63	-37.35	453163	Rotation Down	-40	56
2025-09-26	3.35	3.68	-30.33	425045	Rotation Down	-26	43
2025-09-19	3.45	3.73	-29.36	868711	Rotation Down	-31	44
2025-09-12	3.32	3.79	-31.28	730309	Rotation Down	-38	40
2025-09-05	3.40	3.86	-29.17	361566	Deceleration	-43	36
2025-08-29	3.66	3.92	-23.90	511914	Deceleration	-13	26
2025-08-22	3.69	3.98	-24.24	609591	Deceleration	-10	20
2025-08-15	3.55	4.01	-28.47	1485410	Rotation Up	-5	8
2025-08-08	3.61	4.06	-27.65	1097621	Rotation Up	9	23
2025-08-01	4.42	4.09	-9.11	606557	Rotation Up	28	63
2025-07-25	4.82	4.10	-3.80	918915	Rotation Up	41	69
2025-07-18	4.71	4.07	-5.97	995484	Rotation Up	39	61
2025-07-11	4.52	4.05	-9.11	879132	Downward Expansion	35	39
2025-07-04	4.18	4.05	-16.69	1065855	Downward Expansion	3	15
2025-06-27	3.75	4.06	-24.57	6026741	Downward Expansion	-34	18
2025-06-20	3.89	4.09	-19.13	2038169	Downward Expansion	-36	26
2025-06-13	3.03	4.13	-37.33	1056064	Downward Expansion	-65	46
2025-06-06	3.15	4.18	-35.76	784353	Downward Expansion	-50	36
2025-05-30	3.18	4.24	-34.47	819878	Downward Expansion	-50	36
2025-05-23	3.38	4.30	-29.72	840359	Downward Expansion	-46	35
2025-05-16	3.67	4.36	-26.12	832416	Downward Expansion	-59	46
2025-05-09	3.14	4.40	-33.07	1212608	Downward Expansion	-65	72
2025-05-02	3.25	4.46	-31.55	784898	Downward Expansion	-67	82
2025-04-25	3.11	4.52	-32.89	674165	Downward Expansion	-70	85
2025-04-18	2.91	4.58	-33.96	610359	Downward Expansion	-83	89
2025-04-11	3.10	4.65	-32.02	1099233	Downward Expansion	-84	84
2025-04-04	3.33	4.72	-22.24	1037000	Downward Expansion	-84	80
2025-03-28	4.15	4.77	-13.40	498793	Downward Expansion	-61	57
2025-03-21	4.28	4.80	-13.39	785800	Downward Expansion	-56	43
2025-03-14	4.02	4.83	-18.73	748270	Rotation Up	-54	35
2025-03-07	4.27	4.86	-16.35	957708	Rotation Up	-24	11
2025-02-28	4.81	4.89	-9.27	893810	Rotation Up	24	28
2025-02-21	5.33	4.90	-3.35	408495	Rotation Up	36	53
2025-02-14	5.45	4.91	-3.57	589637	Rotation Up	31	45
2025-02-07	5.22	4.91	-5.20	756100	Rotation Up	25	28
2025-01-31	5.37	4.90	-2.75	1000382	Downward Expansion	28	25
2025-01-24	4.77	4.89	-14.90	788328	Downward Expansion	-23	20
2025-01-17	4.96	4.90	-10.59	764445	Downward Expansion	-24	13
2025-01-10	4.56	4.89	-15.70	768893	Downward Expansion	-54	37
2025-01-03	4.81	4.89	-13.49	1073485	Downward Expansion	-58	55
2024-12-27	3.93	4.90	-30.26	589715	Downward Expansion	-82	84
2024-12-20	4.10	4.93	-27.31	2109807	Downward Expansion	-80	77
2024-12-13	4.40	4.96	-24.47	860513	Downward Expansion	-69	64
2024-12-06	4.51	4.99	-22.68	752292	Downward Expansion	-65	62
2024-11-29	4.72	5.01	-17.05	354875	Balance	-55	50
2024-11-22	4.86	5.02	-14.58	1048841	Balance	-46	38
2024-11-15	4.54	5.04	-19.30	813964	Balance	-67	45
2024-11-08	5.02	5.06	-14.34	933619	Balance	-18	9
2024-11-01	5.13	5.06	-8.07	362818	Balance	-12	6
2024-10-25	4.97	5.07	-12.39	301913	Balance	-44	19
2024-10-18	5.03	5.09	-11.25	356690	Balance	-41	17
2024-10-11	4.99	5.09	-11.98	289484	Balance	-43	23
2024-10-04	4.99	5.09	-11.09	368377	Balance	-43	21
2024-09-27	5.00	5.09	-10.98	598344	Balance	-45	24
2024-09-20	4.92	5.10	-11.75	785721	Balance	-50	26
2024-09-13	5.08	5.10	-7.81	229168	Balance	-17	11
2024-09-06	4.92	5.09	-5.93	151542	Balance	-24	14
2024-08-30	5.11	5.10	-8.17	358733	Balance	-14	10
2024-08-23	5.07	5.09	-9.94	291747	Balance	14	10
2024-08-16	5.08	5.08	-9.18	640444	Balance	31	18
2024-08-09	5.03	5.07	-5.70	443481	Balance	32	26
2024-08-02	5.10	5.06	-4.52	359120	Balance	49	37
2024-07-26	5.79	5.06	4.20	431127	Balance	70	48
2024-07-19	5.18	5.04	-9.80	593254	Balance	8	11
2024-07-12	5.21	5.05	-13.75	488483	Balance	-23	10
2024-07-05	4.98	5.06	-18.70	508695	Balance	-50	34
2024-06-28	5.00	5.06	-16.45	1423487	Balance	-53	41
2024-06-21	4.63	5.07	-23.60	442195	Balance	-61	51
2024-06-14	4.70	5.09	-23.14	371380	Balance	-50	38
2024-06-07	5.00	5.10	-16.33	320605	Balance	-18	14
2024-05-31	4.97	5.09	-15.64	247239	Balance	-8	8
2024-05-24	4.95	5.05	-18.36	316461	Balance	19	12
2024-05-17	5.22	5.01	-13.99	410995	Balance	31	12
2024-05-10	5.10	4.97	-15.64	748504	Balance	29	13
2024-05-03	4.99	4.94	-17.25	757952	Balance	28	12
2024-04-26	5.38	4.91	-10.90	257450	Balance	52	26
2024-04-19	5.13	4.87	-12.82	266424	Balance	47	35
2024-04-12	5.16	4.85	-18.09	317331	Balance	48	40
2024-04-05	5.44	4.85	-15.20	283442	Balance	55	39
2024-03-29	5.57	4.82	-14.91	382930	Balance	58	32
2024-03-22	5.08	4.80	-23.81	630747	Balance	33	17
2024-03-15	4.82	4.78	-26.58	531321	Balance	25	13
2024-03-08	5.00	4.79	-26.05	415022	Balance	31	21
2024-03-01	5.35	4.80	-23.58	330040	Balance	44	27
2024-02-23	4.84	4.82	-31.25	300061	Balance	25	11
2024-02-16	4.96	4.87	-30.38	490271	Balance	-1	2
2024-02-09	5.29	4.92	-28.69	590127	Balance	9	9
2024-02-02	4.62	4.97	-37.90	310793	Balance	-30	22
2024-01-26	4.87	5.03	-35.12	452328	Balance	-19	17
2024-01-19	4.70	5.09	-38.31	460560	Balance	-30	17
2024-01-12	4.85	5.14	-35.90	526752	Balance	-0	6
2024-01-05	4.94	5.19	-33.96	543181	Rotation Up	16	17
2023-12-29	5.37	5.25	-31.59	442933	Rotation Up	21	27
2023-12-22	5.43	5.30	-31.65	488665	Balance	23	31
2023-12-15	5.39	5.36	-32.60	836615	Balance	5	23
2023-12-08	5.04	5.45	-35.71	470437	Balance	-4	23
2023-12-01	5.32	5.50	-32.81	457221	Downward Expansion	1	21
2023-11-24	5.35	5.54	-33.10	612116	Downward Expansion	-16	20
2023-11-17	4.86	5.60	-39.39	1111632	Downward Expansion	-44	32
2023-11-10	4.65	5.66	-41.57	1729847	Downward Expansion	-60	48
2023-11-03	3.93	5.74	-49.78	1155973	Downward Expansion	-65	57
2023-10-27	3.61	5.83	-51.55	1811262	Downward Expansion	-79	65
2023-10-20	4.12	5.95	-46.81	553505	Downward Expansion	-67	65

Price vs TrendBelow-48.8%

Trend directionFalling-6.8%

Price vs current Fair ValueBelow anchor-68.5%

Fair Value directionMoving away-33.0%

Relative Strength vs benchmarkLagging-57.0%

Relative strength directionWeakening-35.5%

Price momentumNegative-51.2%

Volume balanceSupply-led0.13×

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

-91 / ±100

-22.4 points since 2026-09-11

Energy

95 /100

+23.4 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.

FLL Directional State ↗ FLL Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance4

Rotation Up9

Upward Expansion22

Deceleration37

Rotation Down88

Downward Expansion100

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 39%Rotation Up 10%Upward Expansion 3%Deceleration 2%Rotation Down 6%Downward Expansion 41%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-09-11	2026-10-09	Developing	-39.8%
Rotation Down	2026-08-07	2026-09-04	Developing	-14.8%
Balance	2026-07-17	2026-07-31	New	-7.9%
Upward Expansion	2026-06-19	2026-07-10	New	-8.3%
Balance	2026-05-29	2026-06-12	New	+32.8%
Rotation Up	2026-05-15	2026-05-22	New	-0.6%
Balance	2026-04-17	2026-05-08	New	+13.8%
Downward Expansion	2025-10-17	2026-04-10	Established	-4.6%
Rotation Down	2025-09-12	2025-10-10	Developing	-21.4%
Deceleration	2025-08-22	2025-09-05	New	-7.9%
Rotation Up	2025-07-18	2025-08-15	Developing	-24.6%
Downward Expansion	2025-03-21	2025-07-11	Established	+5.6%
Rotation Up	2025-02-07	2025-03-14	Developing	-22.9%
Downward Expansion	2024-12-06	2025-01-31	Developing	+19.1%

Classic Stage Analysis comparison

Stage 1 · Basing53

Stage 2 · Advancing0

Stage 3 · Distribution19

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: -56.96
Relative Strength direction: Weakening
Price momentum: -51.2%
Excess performance vs benchmark: -74.2%
Consumer Cyclical regime cohort: 87th percentile94 in cohort

Test FLL trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.91×

Latest completed volume relative to typical participation.

Up/down volume0.13×

Participation balance between advancing and declining observations.

Accumulation / distribution0 / 3

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+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 FLL Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity USD 1.50falling

Slow Activity USD 2.20falling

Trend Reference USD 2.36-48.8% close margin

Current Fair Value USD 3.84-68.5% close margin

Structural low USD 1.15shock / 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 +22.1%

Annualized volatility +70.9%

From structural high -64.1%

From structural low +5.2%

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	30	+1.8%-39.8% to +49.2%	+53.3%	+46.7%	-2.8%	+76.7%	Usable descriptive sample
Intermediate	11	-5.3%-35.0% to +38.5%	+36.4%	+63.6%	-5.0%	+45.5%	Usable descriptive sample
Extended	7	-11.9%-30.2% to +22.8%	+14.3%	+85.7%	-25.5%	+42.9%	Usable descriptive sample
Full cycle	3	-31.5%-38.4% to -12.7%	+0.0%	+100.0%	-57.8%	+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.

FLL 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