{"ticker": {"uuid": "bd2a0921-5ab1-48f1-a014-c8efa6937180", "symbol": "FORA", "name": "VerticalScope Holdings Inc.", "exchange": "TOR", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "FORA closed the latest completed week at 2.77 CAD. The 4-week return is 4.1% and the 12-week return is -7.7%. Trend Signal is inactive, Market Dynamics is 0.43.", "description": "VerticalScope Holdings Inc., a technology company, operates a cloud-based digital community platform for online enthusiast communities in the United States, Canada, the United Kingdom, Australia, and internationally. The company offers digital advertising services comprising direct advertising campaigns; programmatic advertising, such as monetization of display and video impressions, and private marketplace and programmatic guaranteed advertising; and custom content solutions that manages and produces branded content for advertisers, including product reviews, articles, e-mail features, and short videos. It also provides e-commerce solutions that monetize content through arrangements in respect of commissions and referral payments with e-commerce merchants, brands, and marketplaces. The company focuses on hyper-specific subjects that engender strong affinity from online communities of super fans, experts, pros, hobbyists, and armchair analysts. Its brands include communities for watch geeks, audio nerds, motorheads, fitness-obsessed, mountain bikers, DIYers, deal junkies, and enthusiasts. VerticalScope Holdings Inc. was founded in 1999 and is headquartered in Toronto, Canada.", "setup_signature": "Risk-first tape", "composite_score": "21", "kpis": [{"label": "Latest Close", "value": "2.77 CAD", "hint": "2026-06-12"}, {"label": "1W Return", "value": "-1.4%", "tone": "negative", "hint": "latest completed week"}, {"label": "4W Return", "value": "4.1%", "tone": "positive", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-7.7%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "0.0%", "hint": "0 of 52 weeks active"}, {"label": "Volume Ratio", "value": "0.5x", "hint": "vs 13-week average"}], "classification": {"exchange": "TOR", "country": "CA", "sector": "Communication Services", "industry": "Internet Content & Information", "currency": "CAD", "market_cap": "63.1M"}, "price": {"trend_line": "2.93 CAD", "fair_value": "5.88 CAD", "vs_trend": "-5.6%", "vs_fair_value": "-52.9%", "high_52": "4.75 CAD", "low_52": "2.40 CAD", "drawdown": "-41.7%", "range_position": "15.7%"}, "momentum": {"returns": [{"label": "1W", "value": -1.4234875444839872, "value_label": "-1.4%", "tone": "negative", "width": 4.067107269954249}, {"label": "4W", "value": 4.135338345864657, "value_label": "4.1%", "tone": "positive", "width": 11.815252416756163}, {"label": "12W", "value": -7.666666666666666, "value_label": "-7.7%", "tone": "negative", "width": 21.9047619047619}, {"label": "26W", "value": -9.771986970684035, "value_label": "-9.8%", "tone": "negative", "width": 27.919962773382956}, {"label": "52W", "value": -32.4390243902439, "value_label": "-32.4%", "tone": "negative", "width": 92.68292682926828}], "trend_streak": 0, "active_weeks": 0, "active_breadth": "0.0%", "peer": {"scope": "CA Communication Services", "count": 24, "rank": 21, "percentile": 13.043478260869568, "avg_weekly_return": 3.473243304898155}}, "setup": {"scores": [{"label": "Trend", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 52.611278195488715, "value_label": "53", "width": 52.611278195488715, "tone": "neutral", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 55.065551337549884, "value_label": "55", "width": 55.065551337549884, "tone": "neutral", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 20.61187573731813, "value_label": "21", "width": 20.61187573731813, "tone": "negative", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": 8.267716535433069, "return_label": "8.3%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 68.89763779527557}, {"week": "6 Mar", "return": 26.909090909090917, "return_label": "26.9%", "tone": "positive", "trend": false, "buy_signal": true, "positive_md": true, "height": 100}, {"week": "13 Mar", "return": -10.888252148997143, "return_label": "-10.9%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 90.7354345749762}, {"week": "20 Mar", "return": -3.5369774919614105, "return_label": "-3.5%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 29.474812433011756}, {"week": "27 Mar", "return": -4.33333333333333, "return_label": "-4.3%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 36.111111111111086}, {"week": "3 Apr", "return": 1.04529616724738, "return_label": "1.0%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 8.710801393728167}, {"week": "10 Apr", "return": -3.448275862068969, "return_label": "-3.4%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 28.735632183908074}, {"week": "17 Apr", "return": 0.0, "return_label": "0.0%", "tone": "neutral", "trend": false, "buy_signal": false, "positive_md": true, "height": 4}, {"week": "24 Apr", "return": 1.42857142857143, "return_label": "1.4%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 11.904761904761916}, {"week": "1 May", "return": -6.338028169014074, "return_label": "-6.3%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 52.816901408450626}, {"week": "8 May", "return": 6.390977443609019, "return_label": "6.4%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 53.258145363408495}, {"week": "15 May", "return": -6.007067137809185, "return_label": "-6.0%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 50.05889281507654}, {"week": "22 May", "return": 1.5037593984962419, "return_label": "1.5%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 12.531328320802015}, {"week": "29 May", "return": 7.407407407407398, "return_label": "7.4%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 61.728395061728314}, {"week": "5 Jun", "return": -3.103448275862064, "return_label": "-3.1%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 25.8620689655172}, {"week": "12 Jun", "return": -1.4234875444839872, "return_label": "-1.4%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 11.862396204033226}]}, "groups": {"sector": {"scope": "CA Communication Services", "count": 24, "avg_weekly_return": 3.473243304898155, "avg_four_week_return": 5.369658507146161, "avg_twelve_week_return": 10.149234270405616, "trend_breadth": 45.83333333333333, "positive_md_breadth": 58.333333333333336, "positive_rs_breadth": 29.166666666666668, "week_rank": 21, "four_week_rank": 13, "twelve_week_rank": 19, "top_peers": [{"id": 35727, "symbol": "EGLX", "name": "Enthusiast Gaming Holdings Inc.", "exchange": "TOR", "url": "/terminal/f79cf689-88b0-44b9-a9f0-2ad9af77ad95/report/", "weekly_return": 0.0, "weekly_return_label": "0.0%", "weekly_return_tone": "neutral", "four_week_return": 55.55555555555558, "four_week_return_label": "55.6%", "four_week_return_tone": "positive", "twelve_week_return": 133.33333333333337, "twelve_week_return_label": "133.3%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": false}, {"id": 36492, "symbol": "RAY", "name": "Stingray Group Inc.", "exchange": "TOR", "url": "/terminal/ecac9e7e-f206-402f-8967-44790d9f2373/report/", "weekly_return": 16.190476190476186, "weekly_return_label": "16.2%", "weekly_return_tone": "positive", "four_week_return": 26.426395818099056, "four_week_return_label": "26.4%", "four_week_return_tone": "positive", "twelve_week_return": 22.723913300584915, "twelve_week_return_label": "22.7%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": false, "positive_rs": true}, {"id": 36504, "symbol": "RCI-B", "name": "Rogers Communications Inc.", "exchange": "TOR", "url": "/terminal/9e51522b-e325-4e73-be4d-16ec3ee14845/report/", "weekly_return": 3.688523203077052, "weekly_return_label": "3.7%", "weekly_return_tone": "positive", "four_week_return": 12.055312931825753, "four_week_return_label": "12.1%", "four_week_return_tone": "positive", "twelve_week_return": 2.8615033522130235, "twelve_week_return_label": "2.9%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 35515, "symbol": "CGX", "name": "Cineplex Inc.", "exchange": "TOR", "url": "/terminal/bc692a79-d180-48b3-84c6-a21bc55b97e0/report/", "weekly_return": 5.71428571428572, "weekly_return_label": "5.7%", "weekly_return_tone": "positive", "four_week_return": 11.698113207547173, "four_week_return_label": "11.7%", "four_week_return_tone": "positive", "twelve_week_return": 22.821576763485467, "twelve_week_return_label": "22.8%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": false}, {"id": 36503, "symbol": "RCI-A", "name": "Rogers Communications Inc.", "exchange": "TOR", "url": "/terminal/e20f193b-7842-46df-b12a-a08277376cff/report/", "weekly_return": 0.4353301484173039, "weekly_return_label": "0.4%", "weekly_return_tone": "positive", "four_week_return": 11.126844357140445, "four_week_return_label": "11.1%", "four_week_return_tone": "positive", "twelve_week_return": 3.018864150943395, "twelve_week_return_label": "3.0%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}]}, "industry": {"scope": "CA Internet Content & Information", "count": 4, "avg_weekly_return": -2.0799107214023533, "avg_four_week_return": 10.729003357250571, "avg_twelve_week_return": 34.85355558554203, "trend_breadth": 50.0, "positive_md_breadth": 100.0, "positive_rs_breadth": 25.0, "week_rank": 2, "four_week_rank": 2, "twelve_week_rank": 4, "top_peers": [{"id": 35727, "symbol": "EGLX", "name": "Enthusiast Gaming Holdings Inc.", "exchange": "TOR", "url": "/terminal/f79cf689-88b0-44b9-a9f0-2ad9af77ad95/report/", "weekly_return": 0.0, "weekly_return_label": "0.0%", "weekly_return_tone": "neutral", "four_week_return": 55.55555555555558, "four_week_return_label": "55.6%", "four_week_return_tone": "positive", "twelve_week_return": 133.33333333333337, "twelve_week_return_label": "133.3%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": false}, {"id": 35847, "symbol": "FORA", "name": "VerticalScope Holdings Inc.", "exchange": "TOR", "url": "/terminal/bd2a0921-5ab1-48f1-a014-c8efa6937180/report/", "weekly_return": -1.4234875444839872, "weekly_return_label": "-1.4%", "weekly_return_tone": "negative", "four_week_return": 4.135338345864657, "four_week_return_label": "4.1%", "four_week_return_tone": "positive", "twelve_week_return": -7.666666666666666, "twelve_week_return_label": "-7.7%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 36202, "symbol": "META", "name": "Meta Platforms, Inc.", "exchange": "TOR", "url": "/terminal/562ab912-61d0-4e70-b5cf-6621545818f1/report/", "weekly_return": -4.301078295348558, "weekly_return_label": "-4.3%", "weekly_return_tone": "negative", "four_week_return": -7.743899626338398, "four_week_return_label": "-7.7%", "four_week_return_tone": "negative", "twelve_week_return": -5.378361475922448, "twelve_week_return_label": "-5.4%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 35917, "symbol": "GOOG", "name": "Alphabet Inc.", "exchange": "TOR", "url": "/terminal/84edbc13-a1a4-48c7-9d64-c83073075601/report/", "weekly_return": -2.5950770457768684, "weekly_return_label": "-2.6%", "weekly_return_tone": "negative", "four_week_return": -9.030980846079553, "four_week_return_label": "-9.0%", "four_week_return_tone": "negative", "twelve_week_return": 19.12591715142387, "twelve_week_return_label": "19.1%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}]}}, "dynamics": {"market_dynamics": "0.43", "market_dynamics_tone": "positive", "md_4_change": "-34.5%", "relative_strength": "-24.43", "rs_4_change": "16.1%", "expectation": "Negative", "expectation_probability": "43.62%"}, "volume": {"latest": "19.2K", "average_13": "39.1K", "average_52": "109.0K", "ratio_13": "0.5x", "ratio_52": "0.2x"}, "risk": {"volatility_13": "4.1%", "volatility_52": "6.5%", "downside_weeks": 29, "upside_weeks": 18, "downside_breadth": "55.8%", "average_gain": "5.7%", "average_loss": "-4.5%"}, "signals": [{"label": "Trend Signal", "value": "Inactive", "tone": "negative"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "-5.6%", "tone": "negative"}, {"label": "Volume", "value": "0.5x", "tone": "neutral"}], "opportunities": ["Market Dynamics is positive on the latest completed week."], "risks": ["Trend Signal is inactive, so price action has not confirmed a constructive regime.", "Price is below the Trend Line, which keeps downside pressure in focus.", "Price is below Fair Value, so the market is still discounting the latest tape.", "The share remains more than 20% below its 52-week high.", "Latest weekly return ranks in the weaker part of its sector group."], "watch_points": ["Trend Line remains the key weekly regime level.", "Market Dynamics is the pressure gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-06-12", "close": "2.77 CAD", "weekly_return": -1.4234875444839872, "weekly_return_label": "-1.4%", "weekly_return_tone": "negative", "trend_line": "2.93 CAD", "fair_value": "5.88 CAD", "market_dynamics": "0.43", "relative_strength": "-24.43", "volume": "19.2K", "trend_signal": "Off"}, {"week": "2026-06-05", "close": "2.81 CAD", "weekly_return": -3.103448275862064, "weekly_return_label": "-3.1%", "weekly_return_tone": "negative", "trend_line": "2.94 CAD", "fair_value": "5.89 CAD", "market_dynamics": "0.69", "relative_strength": "-23.23", "volume": "18.9K", "trend_signal": "Off"}, {"week": "2026-05-29", "close": "2.90 CAD", "weekly_return": 7.407407407407398, "weekly_return_label": "7.4%", "weekly_return_tone": "positive", "trend_line": "2.97 CAD", "fair_value": "5.89 CAD", "market_dynamics": "0.75", "relative_strength": "-22.73", "volume": "53.6K", "trend_signal": "Off"}, {"week": "2026-05-22", "close": "2.70 CAD", "weekly_return": 1.5037593984962419, "weekly_return_label": "1.5%", "weekly_return_tone": "positive", "trend_line": "3.00 CAD", "fair_value": "5.90 CAD", "market_dynamics": "0.61", "relative_strength": "-28.44", "volume": "33.0K", "trend_signal": "Off"}, {"week": "2026-05-15", "close": "2.66 CAD", "weekly_return": -6.007067137809185, "weekly_return_label": "-6.0%", "weekly_return_tone": "negative", "trend_line": "3.04 CAD", "fair_value": "5.90 CAD", "market_dynamics": "0.66", "relative_strength": "-29.12", "volume": "67.5K", "trend_signal": "Off"}, {"week": "2026-05-08", "close": "2.83 CAD", "weekly_return": 6.390977443609019, "weekly_return_label": "6.4%", "weekly_return_tone": "positive", "trend_line": "3.08 CAD", "fair_value": "5.91 CAD", "market_dynamics": "0.66", "relative_strength": "-26.19", "volume": "31.7K", "trend_signal": "Off"}, {"week": "2026-05-01", "close": "2.66 CAD", "weekly_return": -6.338028169014074, "weekly_return_label": "-6.3%", "weekly_return_tone": "negative", "trend_line": "3.10 CAD", "fair_value": "5.91 CAD", "market_dynamics": "0.60", "relative_strength": "-31.40", "volume": "47.0K", "trend_signal": "Off"}, {"week": "2026-04-24", "close": "2.84 CAD", "weekly_return": 1.42857142857143, "weekly_return_label": "1.4%", "weekly_return_tone": "positive", "trend_line": "3.12 CAD", "fair_value": "5.92 CAD", "market_dynamics": "0.62", "relative_strength": "-28.14", "volume": "27.9K", "trend_signal": "Off"}, {"week": "2026-04-17", "close": "2.80 CAD", "weekly_return": 0.0, "weekly_return_label": "0.0%", "weekly_return_tone": "neutral", "trend_line": "3.13 CAD", "fair_value": "5.92 CAD", "market_dynamics": "0.57", "relative_strength": "-31.36", "volume": "81.3K", "trend_signal": "Off"}, {"week": "2026-04-10", "close": "2.80 CAD", "weekly_return": -3.448275862068969, "weekly_return_label": "-3.4%", "weekly_return_tone": "negative", "trend_line": "3.14 CAD", "fair_value": "5.93 CAD", "market_dynamics": "0.57", "relative_strength": "-31.36", "volume": "48.4K", "trend_signal": "Off"}, {"week": "2026-04-03", "close": "2.90 CAD", "weekly_return": 1.04529616724738, "weekly_return_label": "1.0%", "weekly_return_tone": "positive", "trend_line": "3.15 CAD", "fair_value": "5.94 CAD", "market_dynamics": "0.69", "relative_strength": "-29.03", "volume": "29.8K", "trend_signal": "Off"}, {"week": "2026-03-27", "close": "2.87 CAD", "weekly_return": -4.33333333333333, "weekly_return_label": "-4.3%", "weekly_return_tone": "negative", "trend_line": "3.16 CAD", "fair_value": "5.95 CAD", "market_dynamics": "0.89", "relative_strength": "-30.05", "volume": "9.5K", "trend_signal": "Off"}, {"week": "2026-03-20", "close": "3.00 CAD", "weekly_return": -3.5369774919614105, "weekly_return_label": "-3.5%", "weekly_return_tone": "negative", "trend_line": "3.18 CAD", "fair_value": "5.97 CAD", "market_dynamics": "0.80", "relative_strength": "-28.32", "volume": "40.8K", "trend_signal": "Off"}, {"week": "2026-03-13", "close": "3.11 CAD", "weekly_return": -10.888252148997143, "weekly_return_label": "-10.9%", "weekly_return_tone": "negative", "trend_line": "3.19 CAD", "fair_value": "5.99 CAD", "market_dynamics": "0.45", "relative_strength": "-31.17", "volume": "72.4K", "trend_signal": "Off"}], "chart_url": "/terminal/bd2a0921-5ab1-48f1-a014-c8efa6937180/", "api_path": "/terminal/bd2a0921-5ab1-48f1-a014-c8efa6937180/report/api/"}