Weekly structural research ยท NYSE ยท Energy

RRC Stage Analysis

Range Resources Corp

Week ending 9 Oct 2026Close USD 40.89Tenure 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 down within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: compressed and contracting.
Direction -22โˆ’100 bearish to +100 bullish
Energy 18/100directional strength
Maturity 27/100lifecycle context
Confidence 58/100evidence agreement
Trend gate Downstructural direction
Activity structure Compressedcontracting separation
Price acceptance -16.7%position within the Activity structure
Fair Value context +14.8%USD 35.61 ยท improving
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
2026-10-0940.8940.25-4.6114593141Balance-2218
2026-10-0238.2340.34-9.8813524817Balance-4025
2026-09-2538.6140.44-9.4213441310Balance-3014
2026-09-1838.4440.52-8.9017758258Rotation Up-1516
2026-09-1141.1540.56-2.627929327Rotation Up2039
2026-09-0441.9040.43-1.6011795658Rotation Up2935
2026-08-2841.3640.25-2.739549615Balance2425
2026-08-2140.9640.12-3.1913097701Balance316
2026-08-1440.2239.96-6.179722456Rotation Down-1820
2026-08-0738.1939.76-10.8412076587Rotation Down-3320
2026-07-3140.1439.60-3.1515977358Rotation Down-713
2026-07-2438.9739.43-5.0622764488Rotation Down-2929
2026-07-1736.7639.31-11.0613626105Rotation Down-3452
2026-07-1035.4939.23-15.8013055352Rotation Down-4962
2026-07-0337.8139.25-9.5213006983Rotation Down-2550
2026-06-2637.5739.30-8.4919976649Rotation Down-2652
2026-06-1936.3939.35-13.9317713992Deceleration-3551
2026-06-1238.5939.40-8.6313142079Deceleration-2127
2026-06-0539.0039.38-7.6714280605Deceleration112
2026-05-2938.8539.32-10.6611663600Deceleration110
2026-05-2240.9439.21-4.9010641717Deceleration3016
2026-05-1542.3539.09-1.2110452716Deceleration3217
2026-05-0840.4238.86-5.8413232543Deceleration3220
2026-05-0142.5238.720.9813989213Deceleration3721
2026-04-2442.2538.571.2026227130Upward Expansion4125
2026-04-1741.6038.400.0516757644Upward Expansion5742
2026-04-1042.7338.167.1818073420Upward Expansion6353
2026-04-0343.3437.9012.6313767920Upward Expansion6676
2026-03-2747.5337.6027.7517936757Upward Expansion8890
2026-03-2044.3637.1516.7420375473Upward Expansion8084
2026-03-1343.4036.7712.0818007590Upward Expansion8282
2026-03-0641.2936.464.9420759740Upward Expansion7473
2026-02-2741.0836.232.3519088459Upward Expansion7667
2026-02-2039.5236.03-2.1111214143Balance6745
2026-02-1337.3935.88-6.5516304493Balance4127
2026-02-0636.3935.90-10.4516657494Balance1210
2026-01-3037.6735.95-7.7716245963Balance1510
2026-01-2336.1635.97-11.3013770288Downward Expansion-1527
2026-01-1634.2436.12-16.6716066677Downward Expansion-5054
2026-01-0933.2936.41-19.7717719144Balance-5853
2026-01-0235.1336.67-14.479016898Balance-4233
2025-12-2635.1536.76-15.557221793Balance-3021
2025-12-1934.3436.84-16.5020142882Balance-126
2025-12-1236.2337.00-11.9521032094Rotation Up2020
2025-12-0539.3137.11-5.1815405273Rotation Up3546
2025-11-2839.2037.05-5.069712167Balance2940
2025-11-2137.8036.89-5.1215270371Balance1518
2025-11-1437.9536.78-6.6413498582Balance1822
2025-11-0737.3036.64-8.1112099778Balance-46
2025-10-3135.2936.50-14.4719092633Balance-2010
2025-10-2437.3436.42-8.8515439626Balance1518
2025-10-1735.7136.47-11.1313502872Downward Expansion-2221
2025-10-1036.0936.59-8.5114465571Downward Expansion-2121
2025-10-0337.9436.65-6.1216225034Downward Expansion-717
2025-09-2637.3736.54-6.4715461788Downward Expansion-2316
2025-09-1934.2536.52-14.4619121754Downward Expansion-4733
2025-09-1235.0436.64-11.4516377709Downward Expansion-5843
2025-09-0534.3636.74-11.7610918851Downward Expansion-6262
2025-08-2933.9336.82-12.5212576429Downward Expansion-6471
2025-08-2233.0236.91-14.9112839652Rotation Down-7476
2025-08-1534.0437.13-12.1011409492Rotation Down-4261
2025-08-0834.2437.34-10.779905291Balance-4149
2025-08-0135.2637.45-5.8811571089Balance-2229
2025-07-2535.0537.46-8.6222701352Balance-1422
2025-07-1837.9037.430.2212683055Upward Expansion3619
2025-07-1137.8837.260.8414092676Upward Expansion4531
2025-07-0438.2437.161.4811023622Upward Expansion5858
2025-06-2740.8036.9910.1510549890Upward Expansion6062
2025-06-2042.8036.8019.7612295618Upward Expansion7566
2025-06-1340.9836.5514.8816407715Upward Expansion6857
2025-06-0637.9336.286.0914483047Deceleration5246
2025-05-3037.5836.096.7211049058Deceleration5237
2025-05-2339.0835.8212.7210583096Deceleration4834
2025-05-1639.6435.5411.4617079011Deceleration4827
2025-05-0937.4135.2010.6011389378Deceleration1912
2025-05-0234.5934.981.8012968054Deceleration-1534
2025-04-2534.3734.893.8519697532Deceleration-1526
2025-04-1833.7734.756.3710967227Deceleration-1622
2025-04-1132.9934.632.2423223857Deceleration-28
2025-04-0433.0534.487.9516470736Deceleration47
2025-03-2838.7234.3014.9612673075Deceleration5633
2025-03-2139.4033.9915.4210823907Deceleration6432
2025-03-1437.8633.6711.7012538286Deceleration4222
2025-03-0734.7233.410.2619593220Deceleration3219
2025-02-2836.5933.222.3022517623Deceleration4430
2025-02-2137.9332.955.028499233Upward Expansion5939
2025-02-1438.1232.733.9311578983Upward Expansion6348
2025-02-0736.7232.531.6611437257Upward Expansion6365
2025-01-3136.5132.441.1013982264Upward Expansion6680
2025-01-2439.6032.338.649763818Upward Expansion7888
2025-01-1740.4832.1013.1713923451Upward Expansion8987
2025-01-1037.6231.858.5211345975Upward Expansion7958
2025-01-0335.4031.740.1411770941Upward Expansion6944
2024-12-2734.2931.75-3.655019152Rotation Up6037
2024-12-2032.7131.81-7.6813380940Rotation Up3133
2024-12-1334.8431.89-3.719723686Rotation Up4263
2024-12-0633.1931.96-8.979126711Rotation Up3461
2024-11-2935.1532.01-3.048712614Rotation Up3863
2024-11-2235.1332.00-2.3311671840Balance3852
2024-11-1532.8932.05-7.4411150214Balance515
2024-11-0832.4832.10-10.978367614Balance-14
2024-11-0129.3332.19-16.3111795427Downward Expansion-4323
2024-10-2530.8132.36-14.1817434712Downward Expansion-2818
2024-10-1829.3032.46-19.9312305701Downward Expansion-3923
2024-10-1130.9032.56-15.609806889Downward Expansion-3022
2024-10-0431.7832.58-12.9211053262Downward Expansion-3420
2024-09-2730.2332.60-17.4411362846Downward Expansion-4737
2024-09-2030.1032.63-17.8710311646Downward Expansion-5947
2024-09-1328.5532.64-21.389323745Downward Expansion-6459
2024-09-0627.6532.69-21.287864594Downward Expansion-7667
2024-08-3029.3132.68-20.507210731Rotation Down-6465
2024-08-2329.9732.64-18.977487449Rotation Down-3664
2024-08-1629.9232.62-18.358342347Rotation Down-3664
2024-08-0929.2532.58-17.4512266708Rotation Down-4565
2024-08-0228.3732.61-20.2910214100Rotation Down-4657
2024-07-2631.1732.67-14.7615250122Deceleration-3035
2024-07-1932.1932.62-12.9511224646Deceleration-414
2024-07-1234.1532.55-9.637684831Deceleration716
2024-07-0533.0032.38-11.867211760Deceleration517
2024-06-2832.8832.25-10.6014987418Deceleration1717
2024-06-2132.8332.21-10.9313245298Deceleration2715
2024-06-1434.5732.20-5.6910267943Upward Expansion4228
2024-06-0735.5232.15-1.5110364349Upward Expansion5642
2024-05-3136.1232.031.458211210Upward Expansion6246
2024-05-2435.0132.03-1.9313896979Upward Expansion5845
2024-05-1736.9731.993.5011033459Upward Expansion7657
2024-05-1034.7731.88-1.0312539780Upward Expansion6150
2024-05-0334.9431.851.4410161318Upward Expansion6568
2024-04-2636.5131.766.8617640017Rotation Up8284
2024-04-1934.5131.603.979102839Rotation Up4068
2024-04-1235.2431.423.169732386Rotation Up5472
2024-04-0534.2831.29-1.0011008651Rotation Up4163
2024-03-2933.6931.20-3.488108972Rotation Up3959
2024-03-2232.5031.15-6.5510339787Rotation Up2945
2024-03-1531.3531.08-7.7816291181Balance1428
2024-03-0832.3231.08-4.8910184752Balance823
2024-03-0131.3731.05-7.9411442814Downward Expansion-2215
2024-02-2330.4231.06-10.0317837311Downward Expansion-4429
2024-02-1630.0231.06-10.0017575288Downward Expansion-5855
2024-02-0927.3231.03-18.2615803037Downward Expansion-7575
2024-02-0228.1131.04-14.9012081747Downward Expansion-6753
2024-01-2629.1831.02-10.429846621Deceleration-3026
2024-01-1928.9931.00-10.1110621023Deceleration-3427
2024-01-1230.1230.95-5.6212700889Rotation Down-2625
2024-01-0530.1030.87-3.889548796Rotation Down-2039
2023-12-2929.7130.78-6.496426026Rotation Down-2142
2023-12-2229.9130.70-5.5910308067Deceleration-1933
2023-12-1529.2130.64-7.0819749609Deceleration-2427
2023-12-0828.9130.61-5.9515257926Deceleration314
2023-12-0131.8630.503.8913840524Deceleration3320
2023-11-2432.5730.257.2510365902Upward Expansion4127
2023-11-1732.8330.029.1513049229Upward Expansion5537
2023-11-1032.0529.759.1213590937Upward Expansion6049
2023-11-0336.2529.5625.1514099310Upward Expansion8280
2023-10-2733.7929.2023.8814953286Upward Expansion6666
2023-10-2033.4928.9320.2013652140Upward Expansion6659
Price vs TrendAbove+1.6%
Trend directionRising+1.6%
Price vs current Fair ValuePremium+14.8%
Fair Value directionClosing upward+13.2%
Relative Strength vs benchmarkLagging-4.6%
Relative strength directionImproving+11.2%
Price momentumNegative-4.3%
Volume balanceDemand-led2.43ร—
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

-22 / ยฑ100

-42.2 points since 2026-09-11

Energy

18 /100

-21.5 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.

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance47
Rotation Up15
Upward Expansion12
Deceleration60
Rotation Down51
Downward Expansion66

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

2023-10-20 to 2026-10-09 ยท 156 classified observations out of 156 shown.

Balance 17%Rotation Up 10%Upward Expansion 23%Deceleration 22%Rotation Down 12%Downward Expansion 15%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Balance2026-09-252026-10-09New+5.9%
Rotation Up2026-09-042026-09-18New-8.3%
Balance2026-08-212026-08-28New+1.0%
Rotation Down2026-06-262026-08-14Developing+7.1%
Deceleration2026-05-012026-06-19Developing-14.4%
Upward Expansion2026-02-272026-04-24Developing+2.9%
Balance2026-01-302026-02-20New+4.9%
Downward Expansion2026-01-162026-01-23New+5.6%
Balance2025-12-192026-01-09New-3.1%
Rotation Up2025-12-052025-12-12New-7.8%
Balance2025-10-242025-11-28Developing+5.0%
Downward Expansion2025-08-292025-10-17Developing+5.2%
Rotation Down2025-08-152025-08-22New-3.0%
Balance2025-07-252025-08-08New-2.3%
Classic Stage Analysis comparison
Stage 1 ยท Basing61
Stage 2 ยท Advancing57
Stage 3 ยท Distribution51
Stage 4 ยท Declining43

Legacy result: Stage 1 ยท Stage 1C ยท Breakout watch. 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

Lagging benchmark

Architecture confirmation
55/100
Current Relative Strength
-4.61
Relative Strength direction
Improving
Price momentum
-4.3%
Excess performance vs benchmark
-19.2%
Energy regime cohort
38th percentile39 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume1.05ร—

Latest completed volume relative to typical participation.

Up/down volume2.43ร—

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 1

Recent participation evidence classified by demand and supply.

Activity alignment+25.0%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity USD 39.42falling
Slow Activity USD 39.55falling
Trend Reference USD 40.25+1.6% close margin
Current Fair Value USD 35.61+14.8% close margin
Structural low USD 34.87shock / 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 +6.3%
Annualized volatility +28.0%
From structural high -15.1%
From structural low +25.7%
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 term15+3.4%-9.2% to +30.3%+66.7%+66.7%+3.5%+33.3%Usable descriptive sample
Intermediate9+6.5%-3.2% to +72.2%+66.7%+66.7%+5.2%+22.2%Usable descriptive sample
Extended7+6.6%-14.5% to +68.7%+71.4%+71.4%-2.0%+14.3%Usable descriptive sample
Full cycle3+33.5%+14.8% to +51.4%+100.0%+100.0%+7.8%+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.

Evidence context