Weekly structural research · LSE · Communication Services

GMR Stage Analysis

Gaming Realms plc

Week ending 9 Oct 2026Close GBP 0.306Tenure ExtendedBenchmark ^FTSE

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Downward Expansion · Established 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: improving.
Activity structure: compressed and contracting.

Direction -30−100 bearish to +100 bullish

Energy 15/100directional strength

Maturity 100/100lifecycle context

Confidence 70/100evidence agreement

Trend gate Downstructural direction

Activity structure Compressedcontracting separation

Price acceptance -33.3%position within the Activity structure

Fair Value context -19.0%GBP 0.3777 · 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.
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	0.306	0.3152	-14.18	940035	Downward Expansion	-30	15
2026-10-02	0.315	0.3158	-11.83	1498691	Downward Expansion	-26	13
2026-09-25	0.3045	0.3156	-17.44	1465200	Downward Expansion	-47	23
2026-09-18	0.31	0.3158	-16.70	2957289	Downward Expansion	-50	32
2026-09-11	0.303	0.316	-19.42	2786916	Downward Expansion	-53	46
2026-09-04	0.301	0.3168	-22.23	857285	Downward Expansion	-56	47
2026-08-28	0.295	0.319	-24.82	667346	Downward Expansion	-63	35
2026-08-21	0.304	0.3225	-23.60	383009	Downward Expansion	-53	26
2026-08-14	0.306	0.3259	-23.62	25411	Downward Expansion	-42	23
2026-08-07	0.32	0.3292	-22.33	271742	Downward Expansion	-34	16
2026-07-31	0.308	0.3321	-26.04	335215	Downward Expansion	-42	24
2026-07-24	0.304	0.3351	-27.23	21632	Downward Expansion	-49	29
2026-07-17	0.32	0.3382	-23.61	453786	Downward Expansion	-53	32
2026-07-10	0.308	0.3406	-26.84	371570	Downward Expansion	-58	42
2026-07-03	0.303	0.344	-30.25	659505	Downward Expansion	-60	58
2026-06-26	0.304	0.3479	-29.91	75974	Downward Expansion	-62	62
2026-06-19	0.306	0.3517	-29.42	430936	Downward Expansion	-61	54
2026-06-12	0.30	0.3554	-32.40	323778	Downward Expansion	-67	55
2026-06-05	0.31	0.3588	-30.21	1445583	Downward Expansion	-53	37
2026-05-29	0.339	0.3628	-24.69	1001613	Downward Expansion	-35	22
2026-05-22	0.323	0.3652	-29.30	1066403	Downward Expansion	-43	23
2026-05-15	0.32	0.3687	-28.77	2240926	Downward Expansion	-41	22
2026-05-08	0.348	0.373	-23.54	4096094	Downward Expansion	-26	22
2026-05-01	0.346	0.3763	-25.50	2989832	Downward Expansion	-32	21
2026-04-24	0.353	0.3799	-24.61	2952772	Downward Expansion	-38	21
2026-04-17	0.34	0.3838	-29.71	2250962	Downward Expansion	-45	35
2026-04-10	0.317	0.3877	-34.42	2262196	Downward Expansion	-59	48
2026-04-03	0.323	0.3928	-32.57	2656211	Downward Expansion	-62	52
2026-03-27	0.304	0.3988	-33.90	3814525	Downward Expansion	-72	61
2026-03-20	0.315	0.4056	-31.46	2365519	Downward Expansion	-67	74
2026-03-13	0.324	0.4116	-32.12	7215277	Downward Expansion	-67	83
2026-03-06	0.31	0.4178	-35.48	4036927	Downward Expansion	-74	88
2026-02-27	0.311	0.4246	-39.25	8330465	Downward Expansion	-79	89
2026-02-20	0.315	0.4322	-37.53	4380401	Downward Expansion	-83	84
2026-02-13	0.327	0.4398	-34.01	8334191	Downward Expansion	-82	71
2026-02-06	0.368	0.4472	-25.60	4917714	Downward Expansion	-69	42
2026-01-30	0.40	0.4525	-18.34	8954187	Downward Expansion	-44	28
2026-01-23	0.405	0.4566	-16.74	4261039	Downward Expansion	-52	32
2026-01-16	0.405	0.4601	-17.59	13519475	Downward Expansion	-55	37
2026-01-09	0.406	0.4636	-16.53	2836744	Downward Expansion	-58	43
2026-01-02	0.40	0.4656	-16.45	2333447	Downward Expansion	-59	54
2025-12-26	0.396	0.4673	-16.76	1008029	Downward Expansion	-61	47
2025-12-19	0.392	0.4697	-17.93	4562384	Downward Expansion	-66	44
2025-12-12	0.411	0.4719	-11.95	1564035	Downward Expansion	-56	39
2025-12-05	0.42	0.4735	-10.17	1117409	Downward Expansion	-55	40
2025-11-28	0.416	0.4741	-11.56	1384709	Downward Expansion	-57	46
2025-11-21	0.418	0.4743	-9.51	1832611	Downward Expansion	-60	60
2025-11-14	0.402	0.4733	-14.43	1712751	Rotation Down	-71	69
2025-11-07	0.43	0.4724	-8.55	1425266	Rotation Down	-33	48
2025-10-31	0.412	0.4701	-12.79	3085356	Rotation Down	-45	53
2025-10-24	0.426	0.4681	-9.28	3309015	Rotation Down	-43	47
2025-10-17	0.45	0.4656	-1.03	2770941	Rotation Down	-24	36
2025-10-10	0.448	0.4624	-1.90	4412891	Deceleration	-25	37
2025-10-03	0.452	0.4596	-1.54	3910015	Deceleration	-6	20
2025-09-26	0.471	0.4563	5.01	5325378	Deceleration	4	16
2025-09-19	0.457	0.453	2.74	2203263	Deceleration	-2	13
2025-09-12	0.47	0.45	4.93	10293389	Deceleration	18	15
2025-09-05	0.504	0.4474	13.67	2752874	Deceleration	32	20
2025-08-29	0.506	0.4442	14.74	706928	Deceleration	36	21
2025-08-22	0.496	0.4393	11.18	1726164	Upward Expansion	41	28
2025-08-15	0.51	0.435	16.84	4945036	Upward Expansion	48	39
2025-08-08	0.514	0.4296	18.65	3102151	Upward Expansion	62	53
2025-08-01	0.538	0.4244	24.88	2355346	Upward Expansion	65	59
2025-07-25	0.544	0.4187	26.06	2964147	Upward Expansion	71	67
2025-07-18	0.548	0.4124	29.62	6873526	Upward Expansion	78	81
2025-07-11	0.528	0.4064	26.41	2865754	Upward Expansion	74	84
2025-07-04	0.524	0.4005	27.95	2679828	Upward Expansion	78	78
2025-06-27	0.51	0.3954	25.61	2284452	Upward Expansion	77	63
2025-06-20	0.508	0.3907	26.17	7474133	Upward Expansion	83	65
2025-06-13	0.467	0.3861	15.54	2259989	Upward Expansion	69	68
2025-06-06	0.45	0.3834	11.68	8883196	Upward Expansion	66	77
2025-05-30	0.47	0.3811	17.73	7675111	Upward Expansion	77	86
2025-05-23	0.456	0.3779	15.16	8680533	Upward Expansion	76	85
2025-05-16	0.46	0.3737	16.89	6186565	Upward Expansion	82	83
2025-05-09	0.439	0.3694	13.58	16314646	Upward Expansion	77	75
2025-05-02	0.422	0.3668	8.80	2049819	Balance	70	54
2025-04-25	0.388	0.3651	2.41	2619027	Balance	41	20
2025-04-18	0.3725	0.3655	0.08	2102992	Balance	-28	13
2025-04-11	0.362	0.3665	1.27	2936975	Balance	-48	28
2025-04-04	0.352	0.367	-2.31	3599483	Balance	-51	39
2025-03-28	0.352	0.3681	-9.09	1144306	Balance	-53	32
2025-03-21	0.355	0.3697	-8.37	1298269	Balance	-40	23
2025-03-14	0.361	0.3712	-6.80	827739	Balance	-25	16
2025-03-07	0.355	0.3727	-8.98	1333096	Balance	-37	14
2025-02-28	0.372	0.3745	-6.19	1172973	Balance	8	14
2025-02-21	0.3675	0.3756	-5.90	1611972	Balance	5	17
2025-02-14	0.3925	0.3755	-0.53	1321675	Balance	14	21
2025-02-07	0.407	0.3747	3.39	3130410	Balance	2	7
2025-01-31	0.358	0.3732	-8.85	1941972	Balance	-47	23
2025-01-24	0.366	0.3736	-5.25	14983980	Balance	-44	21
2025-01-17	0.348	0.3735	-10.05	12324537	Balance	-54	31
2025-01-10	0.36	0.3747	-4.35	1657954	Balance	-45	21
2025-01-03	0.367	0.3759	-2.38	579364	Balance	-44	25
2024-12-27	0.354	0.3765	-5.08	366113	Balance	-49	28
2024-12-20	0.3695	0.3782	-0.21	1140486	Balance	-41	21
2024-12-13	0.35	0.3789	-7.90	1479442	Balance	-48	23
2024-12-06	0.37	0.3801	-2.93	1461217	Balance	-25	13
2024-11-29	0.369	0.3813	-3.06	3116300	Balance	-25	16
2024-11-22	0.371	0.3811	-2.25	1924682	Balance	-26	17
2024-11-15	0.3845	0.3806	3.76	2399738	Rotation Down	-28	13
2024-11-08	0.3825	0.3783	3.30	1916257	Rotation Down	-48	38
2024-11-01	0.375	0.3756	0.04	4690540	Rotation Down	-27	43
2024-10-25	0.329	0.3744	-12.95	3220043	Rotation Down	-38	51
2024-10-18	0.331	0.3755	-13.82	6146951	Deceleration	-30	33
2024-10-11	0.361	0.3762	-5.03	3388333	Deceleration	3	6
2024-10-04	0.37	0.3757	-2.96	3245753	Deceleration	18	10
2024-09-27	0.401	0.3749	4.61	3924220	Deceleration	36	16
2024-09-20	0.403	0.3735	6.41	2238413	Upward Expansion	38	17
2024-09-13	0.376	0.3721	-1.07	2567386	Upward Expansion	28	13
2024-09-06	0.385	0.3719	2.45	2154942	Upward Expansion	49	28
2024-08-30	0.40	0.3714	3.92	3560091	Upward Expansion	53	53
2024-08-23	0.4005	0.3705	4.72	1427860	Upward Expansion	54	57
2024-08-16	0.405	0.3688	6.17	1076689	Upward Expansion	56	54
2024-08-09	0.41	0.3674	9.22	6605750	Deceleration	59	42
2024-08-02	0.404	0.3659	7.76	4407161	Deceleration	54	22
2024-07-26	0.366	0.3645	-3.60	1471164	Deceleration	21	15
2024-07-19	0.369	0.364	-1.16	1020403	Deceleration	23	17
2024-07-12	0.36	0.3632	-4.47	1008040	Deceleration	20	15
2024-07-05	0.37	0.3631	-1.07	1197279	Deceleration	32	16
2024-06-28	0.363	0.3627	-2.29	1963996	Upward Expansion	34	18
2024-06-21	0.385	0.3619	2.79	1197887	Upward Expansion	54	33
2024-06-14	0.3965	0.3605	7.26	1083010	Upward Expansion	59	43
2024-06-07	0.385	0.3581	3.40	1570109	Upward Expansion	58	57
2024-05-31	0.404	0.3565	8.36	1425663	Upward Expansion	69	69
2024-05-24	0.39	0.3541	4.42	1593875	Upward Expansion	60	58
2024-05-17	0.387	0.3525	2.60	2222216	Balance	59	43
2024-05-10	0.4065	0.3506	7.88	9355224	Balance	58	34
2024-05-03	0.362	0.348	-1.06	3664105	Rotation Down	-7	12
2024-04-26	0.3555	0.3475	-1.86	7826225	Rotation Down	-17	35
2024-04-19	0.317	0.3472	-9.60	2319840	Rotation Down	-35	50
2024-04-12	0.302	0.3481	-14.78	7150072	Balance	-37	43
2024-04-05	0.339	0.3496	-3.20	4693855	Balance	-16	12
2024-03-29	0.36	0.3503	2.58	741874	Balance	16	12
2024-03-22	0.352	0.3498	1.08	1077910	Balance	13	13
2024-03-15	0.348	0.3495	2.95	621658	Upward Expansion	21	14
2024-03-08	0.345	0.3505	3.37	576164	Upward Expansion	24	12
2024-03-01	0.3585	0.3503	7.60	1136554	Upward Expansion	47	23
2024-02-23	0.3625	0.3503	9.08	410405	Upward Expansion	51	33
2024-02-16	0.3695	0.3489	11.71	2203383	Upward Expansion	55	33
2024-02-09	0.3685	0.3467	14.12	1743473	Upward Expansion	55	31
2024-02-02	0.375	0.3442	16.13	4486660	Upward Expansion	61	38
2024-01-26	0.35	0.3416	8.72	702418	Upward Expansion	49	31
2024-01-19	0.361	0.3406	15.32	3868680	Upward Expansion	52	38
2024-01-12	0.3665	0.339	15.40	1286481	Upward Expansion	57	38
2024-01-05	0.362	0.3363	13.79	643162	Deceleration	54	37
2023-12-29	0.3505	0.3346	10.34	243086	Deceleration	47	34
2023-12-22	0.3455	0.3334	9.87	967293	Deceleration	45	34
2023-12-15	0.3565	0.3323	15.79	1884879	Deceleration	51	33
2023-12-08	0.358	0.3307	17.33	2229842	Deceleration	40	20
2023-12-01	0.338	0.3295	11.89	2630611	Deceleration	26	10
2023-11-24	0.3425	0.3291	14.71	976141	Deceleration	18	9
2023-11-17	0.325	0.3279	9.29	1541555	Deceleration	8	6
2023-11-10	0.337	0.3264	16.07	1940187	Deceleration	16	8
2023-11-03	0.3315	0.3244	14.04	1096531	Deceleration	14	10
2023-10-27	0.342	0.3225	20.40	669197	Deceleration	28	14
2023-10-20	0.332	0.3197	15.83	1985716	Deceleration	27	13

Price vs TrendBelow-2.9%

Trend directionFalling-5.1%

Price vs current Fair ValueBelow anchor-19.0%

Fair Value directionClosing upward+0.1%

Relative Strength vs benchmarkLagging-14.2%

Relative strength directionImproving+12.7%

Price momentumNegative-3.5%

Volume balanceDemand-led2.62×

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

-30 / ±100

+22.5 points since 2026-09-11

Energy

15 /100

-30.9 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.

GMR Directional State ↗ GMR Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance46

Rotation Up28

Upward Expansion18

Deceleration43

Rotation Down32

Downward Expansion57

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 19%Upward Expansion 24%Deceleration 19%Rotation Down 8%Downward Expansion 30%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2025-11-21	2026-10-09	Extended	-26.8%
Rotation Down	2025-10-17	2025-11-14	Developing	-10.7%
Deceleration	2025-08-29	2025-10-10	Developing	-11.5%
Upward Expansion	2025-05-09	2025-08-22	Established	+13.0%
Balance	2024-11-22	2025-05-02	Established	+13.7%
Rotation Down	2024-10-25	2024-11-15	New	+16.9%
Deceleration	2024-09-27	2024-10-18	New	-17.5%
Upward Expansion	2024-08-16	2024-09-20	Developing	-0.5%
Deceleration	2024-07-05	2024-08-09	Developing	+10.8%
Upward Expansion	2024-05-24	2024-06-28	Developing	-6.9%
Balance	2024-05-10	2024-05-17	New	-4.8%
Rotation Down	2024-04-19	2024-05-03	New	+14.2%
Balance	2024-03-22	2024-04-12	New	-14.2%
Upward Expansion	2024-01-12	2024-03-15	Developing	-5.0%

Classic Stage Analysis comparison

Stage 1 · Basing70

Stage 2 · Advancing10

Stage 3 · Distribution17

Stage 4 · Declining90

Legacy result: Stage 4 · Stage 4B · Declining. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^FTSE

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: 70/100
Current Relative Strength: -14.18
Relative Strength direction: Improving
Price momentum: -3.5%
Excess performance vs benchmark: -3.0%
Communication Services regime cohort: 15th percentile13 in cohort

Test GMR trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.11×

Latest completed volume relative to typical participation.

Up/down volume2.62×

Participation balance between advancing and declining observations.

Accumulation / distribution4 / 2

Recent participation evidence classified by demand and supply.

Activity alignment+25.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

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 GMR Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity GBP 0.3084rising

Slow Activity GBP 0.3105falling

Trend Reference GBP 0.3152-2.9% close margin

Current Fair Value GBP 0.3777-19.0% close margin

Structural low GBP 0.29shock / 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 +6.7%

Annualized volatility +27.5%

From structural high -35.2%

From structural low +5.5%

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 ^FTSE	Regime survived	Read
Near term	25	+1.1%-19.5% to +17.8%	+56.0%	+44.0%	-1.5%	+88.0%	Usable descriptive sample
Intermediate	8	-4.1%-24.6% to +10.2%	+37.5%	+62.5%	-8.4%	+75.0%	Usable descriptive sample
Extended	4	-13.1%-22.7% to +25.3%	+25.0%	+75.0%	-12.4%	+50.0%	Too little matched history
Full cycle	2	+7.6%-24.5% to +39.6%	+50.0%	+50.0%	+6.8%	+0.0%	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.

GMR 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