Weekly structural research ยท NYSE ยท Industrials

URI Stage Analysis

United Rentals Inc

Week ending 2 Oct 2026Close USD 1,081.04Tenure NewBenchmark SPY
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Balance ยท Upper balance after advance

Directional pressure has compressed into balance.

Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base.

  • The Trend gate is up within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: compressed and contracting.
Direction 15โˆ’100 bearish to +100 bullish
Energy 12/100directional strength
Maturity 22/100lifecycle context
Confidence 89/100evidence agreement
Trend gate Upstructural direction
Activity structure Compressedcontracting separation
Price acceptance -33.3%position within the Activity structure
Fair Value context +39.9%USD 772.58 ยท weakening
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.
  • Rotation DownStructure is turning lower.
  • Downward ExpansionDowntrend is established.
View chart values ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-10-021,081.04986.687.013403841Balance1512
2026-09-251,047.06977.573.322050968Upward Expansion518
2026-09-181,013.91970.611.212314143Upward Expansion521
2026-09-11989.12967.05-1.491859566Upward Expansion116
2026-09-041,009.86963.01-0.391925508Upward Expansion2717
2026-08-281,030.25959.201.442094834Upward Expansion4432
2026-08-211,098.51950.818.442168200Upward Expansion5845
2026-08-141,153.83944.7012.322096760Upward Expansion6754
2026-08-071,160.82936.8113.292261319Upward Expansion7253
2026-07-311,077.38929.279.082511126Upward Expansion5946
2026-07-241,139.60921.4116.743579580Upward Expansion7558
2026-07-171,043.39910.906.472023057Upward Expansion6354
2026-07-101,093.64903.0810.061847129Upward Expansion6663
2026-07-031,098.59893.7912.291321007Upward Expansion7083
2026-06-261,121.66883.6217.493114520Upward Expansion8090
2026-06-191,076.81873.2810.612386061Upward Expansion7689
2026-06-121,074.24863.9411.792656204Upward Expansion8188
2026-06-051,067.77855.8112.222826802Upward Expansion8685
2026-05-29995.67848.312.431767261Upward Expansion7779
2026-05-22938.62843.98-1.882374230Upward Expansion6475
2026-05-15961.15842.941.432785150Rotation Up7178
2026-05-08935.03843.37-1.012558227Rotation Up3947
2026-05-01947.23843.672.762830505Rotation Up2434
2026-04-24972.36844.576.704099967Rotation Up-012
2026-04-17794.48843.54-12.072486330Downward Expansion-5636
2026-04-10770.31848.24-10.902101949Downward Expansion-6264
2026-04-03730.55853.63-12.402370088Downward Expansion-6674
2026-03-27732.76861.57-9.132560840Downward Expansion-6673
2026-03-20708.98868.82-14.012768837Downward Expansion-7674
2026-03-13735.67875.99-12.414104548Balance-6957
2026-03-06807.90881.57-5.253292937Balance-4522
2026-02-27838.23883.03-3.483065513Balance-3114
2026-02-20907.20883.514.161951865Balance-109
2026-02-13867.74882.691.093061135Balance-2211
2026-02-06895.64880.473.095548811Balance-27
2026-01-30778.66877.53-10.465314035Rotation Up-3425
2026-01-23915.04877.785.432299630Rotation Up2435
2026-01-16917.24872.155.362504661Deceleration2429
2026-01-09934.71864.907.064041146Deceleration2220
2026-01-02841.39856.71-1.811379504Deceleration-1619
2025-12-26824.34852.02-4.701186307Rotation Down-3031
2025-12-19808.89847.96-5.174051872Rotation Down-3336
2025-12-12814.75844.14-4.414283352Rotation Down-2750
2025-12-05793.45840.97-7.573471697Rotation Down-3663
2025-11-28811.64836.69-5.513101316Rotation Down-3154
2025-11-21796.52831.58-4.204408266Deceleration-3744
2025-11-14830.40825.92-2.372060870Deceleration-1028
2025-11-07842.81817.74-1.052665463Deceleration1217
2025-10-31865.59808.87-0.333527686Upward Expansion3423
2025-10-24907.47798.635.053217027Upward Expansion4842
2025-10-17974.08789.0814.842125257Upward Expansion6655
2025-10-10943.94777.3213.281881142Upward Expansion6054
2025-10-03974.51766.4014.191914604Upward Expansion7262
2025-09-26941.20754.6511.652258613Upward Expansion6362
2025-09-19935.48744.4510.663409919Upward Expansion6665
2025-09-12931.98734.9411.672535342Upward Expansion6871
2025-09-05968.98728.3218.151822196Upward Expansion8387
2025-08-29950.21720.3816.682796912Upward Expansion8584
2025-08-22923.99713.6413.692215925Upward Expansion8483
2025-08-15903.05708.8211.632580797Upward Expansion8491
2025-08-08851.83704.076.521969419Upward Expansion7187
2025-08-01852.47697.759.323198106Upward Expansion7690
2025-07-25882.60692.2010.654754449Upward Expansion9296
2025-07-18801.33686.352.003077264Upward Expansion7587
2025-07-11807.51683.413.402765480Rotation Up8587
2025-07-04785.91682.110.492039282Rotation Up5561
2025-06-27746.36684.17-2.772962217Rotation Up3631
2025-06-20699.53687.78-5.662340415Rotation Up2123
2025-06-13689.06692.40-7.212078592Rotation Up1935
2025-06-06700.77696.93-5.941729831Balance2234
2025-05-30702.49702.29-4.191762833Balance425
2025-05-23694.28704.93-3.731962973Balance-022
2025-05-16719.63708.46-2.853231954Downward Expansion-419
2025-05-09665.14712.03-5.573089846Downward Expansion-3623
2025-05-02658.21716.74-7.183200435Downward Expansion-4533
2025-04-25626.76720.72-9.214547478Downward Expansion-6252
2025-04-18585.11726.56-11.632489716Downward Expansion-6661
2025-04-11576.61732.78-14.336302739Downward Expansion-7261
2025-04-04558.47737.51-12.633795245Downward Expansion-8480
2025-03-28620.87741.26-12.012596257Downward Expansion-6880
2025-03-21621.38744.90-13.562867275Downward Expansion-6886
2025-03-14616.19748.64-14.183774852Downward Expansion-7586
2025-03-07621.97751.56-15.635114693Downward Expansion-7781
2025-02-28635.38753.63-16.754200557Balance-7877
2025-02-21650.19754.44-15.983113307Balance-4947
2025-02-14733.25757.41-7.052043577Balance-811
2025-02-07730.92756.51-6.092956089Balance-915
2025-01-31748.05754.40-4.163870643Rotation Down-38
2025-01-24779.13750.23-1.282355923Rotation Down-1422
2025-01-17760.82745.44-1.934325452Rotation Down-2653
2025-01-10662.08741.07-12.012793902Rotation Down-4269
2025-01-03686.13739.19-10.612111691Deceleration-3847
2024-12-27707.08737.39-8.341016673Deceleration-1329
2024-12-20713.10735.75-6.963721541Upward Expansion813
2024-12-13768.54734.04-1.552782375Upward Expansion4433
2024-12-06847.58730.888.042413035Upward Expansion6453
2024-11-29854.57725.5010.421780187Upward Expansion6958
2024-11-22838.11718.8010.132519991Upward Expansion6652
2024-11-15824.96713.4310.862615884Upward Expansion6250
2024-11-08861.82706.4614.014061605Upward Expansion8069
2024-11-01781.51699.798.992452697Upward Expansion6266
2024-10-25800.25696.8310.643164412Upward Expansion6472
2024-10-18826.62693.7213.941899663Upward Expansion7680
2024-10-11806.65689.5112.962288248Upward Expansion7176
2024-10-04777.62684.6910.842133864Upward Expansion6568
2024-09-27801.83680.8715.252244345Upward Expansion7562
2024-09-20771.79677.0312.222478752Upward Expansion7147
2024-09-13718.47672.816.572224900Upward Expansion5635
2024-09-06670.83670.113.951588615Upward Expansion4731
2024-08-30730.09668.958.821495039Upward Expansion6147
2024-08-23733.80665.9410.071298283Balance6336
2024-08-16703.70662.037.561682501Balance5543
2024-08-09684.02657.229.172659715Balance4945
2024-08-02659.78652.645.673459991Balance4937
2024-07-26739.16648.3016.284477310Balance7151
2024-07-19706.17642.3510.893446192Balance4927
2024-07-12667.79637.403.332808498Balance1910
2024-07-05622.95633.78-2.331834437Balance-1726
2024-06-28635.51629.151.802789702Balance-1323
2024-06-21629.66624.321.113218174Deceleration618
2024-06-14605.52618.56-1.753762639Deceleration-414
2024-06-07632.23614.064.652945919Deceleration118
2024-05-31657.79607.8610.802229821Deceleration3824
2024-05-24661.86600.6011.841678733Deceleration4929
2024-05-17673.89591.5014.722097078Deceleration4431
2024-05-10686.01582.2419.641970404Deceleration4826
2024-05-03653.51573.4417.182982596Deceleration3823
2024-04-26677.17565.7323.153622372Deceleration4932
2024-04-19615.95557.6015.973249872Upward Expansion4637
2024-04-12661.50551.1421.502411915Upward Expansion6459
2024-04-05692.93543.7726.311996866Upward Expansion6765
2024-03-29706.89535.7428.851561851Upward Expansion7869
2024-03-22700.18528.1329.032925286Upward Expansion8070
2024-03-15662.25519.3825.753166266Upward Expansion6766
2024-03-08662.80511.9726.652742931Upward Expansion7067
2024-03-01686.77505.7431.442426732Upward Expansion8688
2024-02-23645.25497.9325.121604914Upward Expansion7387
2024-02-16637.48490.8626.052587957Upward Expansion7389
2024-02-09635.89484.2025.702504765Upward Expansion7890
2024-02-02639.66477.4328.663252705Upward Expansion8789
2024-01-26616.73470.1526.336234183Upward Expansion8667
2024-01-19559.32464.0116.242364688Upward Expansion7061
2024-01-12546.75458.4715.472389176Upward Expansion6575
2024-01-05529.36453.2914.292491223Upward Expansion6783
2023-12-29560.67448.2519.591664709Upward Expansion7990
2023-12-22557.83441.2720.033597215Upward Expansion8690
2023-12-15559.03434.0422.044868087Upward Expansion9186
2023-12-08484.06426.718.833335702Upward Expansion6972
2023-12-01490.68421.3110.963678381Upward Expansion7468
2023-11-24456.92415.984.632244387Deceleration4638
2023-11-17470.29412.409.053895200Deceleration5331
2023-11-10446.38408.746.302779105Deceleration3317
2023-11-03440.00406.056.544549483Deceleration1418
2023-10-27388.84402.840.004625381Deceleration-1024
2023-10-20396.04402.64-0.356403483Deceleration-516
2023-10-13422.01401.394.062566870Deceleration1517
Price vs TrendAbove+9.6%
Trend directionRising+7.1%
Price vs current Fair ValuePremium+39.9%
Fair Value directionMoving away-12.6%
Relative Strength vs benchmarkLeading+7.0%
Relative strength directionWeakening-5.3%
Price momentumPositive+48.0%
Volume balanceSupply-led0.82ร—
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

15 / ยฑ100

-11.5 points since 2026-09-04

Energy

12 /100

-5.0 points since 2026-09-04

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
Balance55
Rotation Up24
Upward Expansion42
Deceleration83
Rotation Down34
Downward Expansion34

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

2023-10-13 to 2026-10-02 ยท 156 classified observations out of 156 shown.

Balance 15%Rotation Up 7%Upward Expansion 47%Deceleration 15%Rotation Down 6%Downward Expansion 10%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Balance2026-10-022026-10-02New+0.0%
Upward Expansion2026-05-222026-09-25Established+11.6%
Rotation Up2026-04-242026-05-15New-1.2%
Downward Expansion2026-03-202026-04-17Developing+12.1%
Balance2026-02-062026-03-13Developing-17.9%
Rotation Up2026-01-232026-01-30New-14.9%
Deceleration2026-01-022026-01-16New+9.0%
Rotation Down2025-11-282025-12-26Developing+1.6%
Deceleration2025-11-072025-11-21New-5.5%
Upward Expansion2025-07-182025-10-31Established+8.0%
Rotation Up2025-06-132025-07-11Developing+17.2%
Balance2025-05-232025-06-06New+0.9%
Downward Expansion2025-03-072025-05-16Developing+15.7%
Balance2025-02-072025-02-28New-13.1%
Classic Stage Analysis comparison
Stage 1 ยท Basing1
Stage 2 ยท Advancing100
Stage 3 ยท Distribution72
Stage 4 ยท Declining0

Legacy result: Stage 2 ยท Stage 2B ยท Advancing. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus SPY

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
71/100
Current Relative Strength
7.01
Relative Strength direction
Weakening
Price momentum
+48.0%
Excess performance vs benchmark
+30.3%
Industrials regime cohort
49th percentile47 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume1.46ร—

Latest completed volume relative to typical participation.

Up/down volume0.82ร—

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 1

Recent participation evidence classified by demand and supply.

Activity alignment+50.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+25.0%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity USD 1,041.55falling
Slow Activity USD 1,044.18rising
Trend Reference USD 986.68+9.6% close margin
Current Fair Value USD 772.58+39.9% close margin
Structural low USD 722.41shock / repair context
What changes the read?

Persistent fast/slow separation and fan expansion would end Balance; direction determines whether it becomes Rotation Up or Rotation Down.

Range context +7.9%
Annualized volatility +40.0%
From structural high -8.2%
From structural low +54.4%
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 SPY Regime survived Read
Near term16+0.0%-14.9% to +26.1%+50.0%+50.0%+0.0%+43.8%Usable descriptive sample
Intermediate9+7.5%-31.7% to +33.1%+77.8%+77.8%+7.2%+0.0%Usable descriptive sample
Extended7+16.5%-27.6% to +42.0%+85.7%+85.7%+9.8%+14.3%Usable descriptive sample
Full cycle3+17.4%-21.6% to +59.7%+66.7%+66.7%+3.1%+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.

Evidence context