Weekly structural research ยท NYSE ยท Communication Services

RDDT Stage Analysis

Reddit, Inc.

Week ending 9 Oct 2026Close USD 159.91Tenure DevelopingBenchmark 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 mixed within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: compressed and expanding.
Direction -22โˆ’100 bearish to +100 bullish
Energy 17/100directional strength
Maturity 20/100lifecycle context
Confidence 70/100evidence agreement
Trend gate Mixedstructural direction
Activity structure Compressedexpanding separation
Price acceptance -66.7%position within the Activity structure
Fair Value context +12.7%USD 141.90 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 134 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-10-09159.91159.30-16.7121384404Balance-2217
2026-10-02147.86158.38-22.7121469225Balance-2827
2026-09-25149.84158.10-22.5620441299Balance-1819
2026-09-18150.85157.97-22.0832202765Balance-1521
2026-09-11157.77157.94-19.8218848207Balance-1116
2026-09-04154.46157.34-23.1520772320Balance510
2026-08-28153.00156.85-24.7617077261Balance59
2026-08-21153.29157.76-25.0965677614Balance412
2026-08-14178.09159.95-15.0235314118Balance3120
2026-08-07161.70161.71-23.5828949046Balance2319
2026-07-31140.67164.47-31.8253174861Rotation Up-149
2026-07-24168.73167.85-18.0023027399Rotation Up2632
2026-07-17181.18169.75-12.5217961550Rotation Up2841
2026-07-10195.34171.48-7.1118531725Rotation Up4148
2026-07-03194.67172.46-6.0118843796Balance3331
2026-06-26166.94173.78-17.6121026513Balance-614
2026-06-19174.96175.43-15.7418148495Balance216
2026-06-12162.10175.71-21.2220480150Balance-1012
2026-06-05173.45176.75-15.1226857173Balance-19
2026-05-29176.00177.46-15.8526189505Balance-36
2026-05-22141.67178.56-31.0928865738Balance-3418
2026-05-15158.17180.97-22.3120532907Downward Expansion-1818
2026-05-08155.80182.20-23.2031575959Downward Expansion-2826
2026-05-01166.48183.62-15.9135476830Downward Expansion-3226
2026-04-24154.89184.98-20.8717672546Downward Expansion-3925
2026-04-17163.80187.82-15.8720366717Downward Expansion-4638
2026-04-10139.73191.18-24.7517880956Downward Expansion-6152
2026-04-03136.00195.00-24.0516941014Downward Expansion-6457
2026-03-27121.84198.46-29.4624162212Downward Expansion-7665
2026-03-20139.85201.91-20.8626480557Downward Expansion-6668
2026-03-13132.36204.49-26.4025614621Downward Expansion-7581
2026-03-06139.39208.29-23.8224340802Downward Expansion-7286
2026-02-27145.81210.83-22.0522698508Downward Expansion-7086
2026-02-20150.17212.26-20.4723184499Downward Expansion-7084
2026-02-13139.65212.24-25.5442066178Rotation Down-8184
2026-02-06139.83212.52-27.0255316833Rotation Down-5456
2026-01-30180.27212.72-7.2322075798Balance-710
2026-01-23218.88211.9412.5114160205Upward Expansion4727
2026-01-16231.01209.4118.4428268133Upward Expansion5438
2026-01-09244.56206.3525.2719085154Upward Expansion6457
2026-01-02241.89202.1426.4112087147Upward Expansion6558
2025-12-26225.77198.1217.1710416371Deceleration5245
2025-12-19233.19194.3423.0227472937Deceleration4736
2025-12-12224.78189.9219.1419561631Deceleration3825
2025-12-05234.11186.2023.7220605971Deceleration4120
2025-11-28216.47182.0215.3520089092Deceleration1313
2025-11-21183.48178.601.9618219732Deceleration-313
2025-11-14193.31176.425.5821185032Deceleration810
2025-11-07194.58173.186.9732811296Deceleration1314
2025-10-31208.95170.0613.5044489387Deceleration2723
2025-10-24214.20166.0018.0725443067Deceleration2927
2025-10-17194.95162.4510.9217033689Deceleration3527
2025-10-10198.55159.8016.2326101404Upward Expansion4534
2025-10-03207.20157.4619.9240666336Upward Expansion6253
2025-09-26240.11155.0242.4426071352Upward Expansion6765
2025-09-19264.48โ€”โ€”36714376Not yet classifiedโ€”โ€”
2025-09-12254.29โ€”โ€”24461363Not yet classifiedโ€”โ€”
2025-09-05240.00โ€”โ€”22822802Not yet classifiedโ€”โ€”
2025-08-29225.08โ€”โ€”23872116Not yet classifiedโ€”โ€”
2025-08-22217.31โ€”โ€”40305940Not yet classifiedโ€”โ€”
2025-08-15246.50โ€”โ€”31847274Not yet classifiedโ€”โ€”
2025-08-08215.44โ€”โ€”44779173Not yet classifiedโ€”โ€”
2025-08-01188.64โ€”โ€”63000724Not yet classifiedโ€”โ€”
2025-07-25149.66โ€”โ€”25948427Not yet classifiedโ€”โ€”
2025-07-18148.24โ€”โ€”25579041Not yet classifiedโ€”โ€”
2025-07-11145.59โ€”โ€”25600813Not yet classifiedโ€”โ€”
2025-07-04157.03โ€”โ€”33664800Not yet classifiedโ€”โ€”
2025-06-27143.01โ€”โ€”46967462Not yet classifiedโ€”โ€”
2025-06-20139.15โ€”โ€”52894842Not yet classifiedโ€”โ€”
2025-06-13118.18โ€”โ€”28589066Not yet classifiedโ€”โ€”
2025-06-06121.29โ€”โ€”31690489Not yet classifiedโ€”โ€”
2025-05-30112.35โ€”โ€”30601166Not yet classifiedโ€”โ€”
2025-05-23100.76โ€”โ€”50397141Not yet classifiedโ€”โ€”
2025-05-16113.23โ€”โ€”56846825Not yet classifiedโ€”โ€”
2025-05-09108.46โ€”โ€”40298652Not yet classifiedโ€”โ€”
2025-05-02113.83โ€”โ€”64594171Not yet classifiedโ€”โ€”
2025-04-25118.10โ€”โ€”26917037Not yet classifiedโ€”โ€”
2025-04-1896.16โ€”โ€”14548689Not yet classifiedโ€”โ€”
2025-04-11101.15โ€”โ€”46881288Not yet classifiedโ€”โ€”
2025-04-0486.91โ€”โ€”51284093Not yet classifiedโ€”โ€”
2025-03-28107.71โ€”โ€”34474389Not yet classifiedโ€”โ€”
2025-03-21115.70โ€”โ€”57814024Not yet classifiedโ€”โ€”
2025-03-14128.21โ€”โ€”60641524Not yet classifiedโ€”โ€”
2025-03-07133.98โ€”โ€”38484355Not yet classifiedโ€”โ€”
2025-02-28161.78โ€”โ€”35081780Not yet classifiedโ€”โ€”
2025-02-21166.40โ€”โ€”34029099Not yet classifiedโ€”โ€”
2025-02-14196.38โ€”โ€”51262436Not yet classifiedโ€”โ€”
2025-02-07225.23โ€”โ€”24541345Not yet classifiedโ€”โ€”
2025-01-31199.55โ€”โ€”22771980Not yet classifiedโ€”โ€”
2025-01-24182.40โ€”โ€”19966576Not yet classifiedโ€”โ€”
2025-01-17175.33โ€”โ€”21164123Not yet classifiedโ€”โ€”
2025-01-10167.08โ€”โ€”17823847Not yet classifiedโ€”โ€”
2025-01-03177.74โ€”โ€”24492187Not yet classifiedโ€”โ€”
2024-12-27173.54โ€”โ€”10877834Not yet classifiedโ€”โ€”
2024-12-20170.71โ€”โ€”36089401Not yet classifiedโ€”โ€”
2024-12-13172.65โ€”โ€”42513430Not yet classifiedโ€”โ€”
2024-12-06162.76โ€”โ€”28209200Not yet classifiedโ€”โ€”
2024-11-29140.69โ€”โ€”23737969Not yet classifiedโ€”โ€”
2024-11-22146.67โ€”โ€”47648942Not yet classifiedโ€”โ€”
2024-11-15124.78โ€”โ€”22799500Not yet classifiedโ€”โ€”
2024-11-08134.80โ€”โ€”37214677Not yet classifiedโ€”โ€”
2024-11-01112.98โ€”โ€”86108942Not yet classifiedโ€”โ€”
2024-10-2581.36โ€”โ€”17182385Not yet classifiedโ€”โ€”
2024-10-1880.90โ€”โ€”24148672Not yet classifiedโ€”โ€”
2024-10-1173.25โ€”โ€”19375277Not yet classifiedโ€”โ€”
2024-10-0472.38โ€”โ€”22240904Not yet classifiedโ€”โ€”
2024-09-2767.08โ€”โ€”20644064Not yet classifiedโ€”โ€”
2024-09-2066.17โ€”โ€”24820589Not yet classifiedโ€”โ€”
2024-09-1359.09โ€”โ€”19134322Not yet classifiedโ€”โ€”
2024-09-0656.85โ€”โ€”11560967Not yet classifiedโ€”โ€”
2024-08-3060.03โ€”โ€”19497807Not yet classifiedโ€”โ€”
2024-08-2359.21โ€”โ€”22098682Not yet classifiedโ€”โ€”
2024-08-1654.92โ€”โ€”19087281Not yet classifiedโ€”โ€”
2024-08-0952.91โ€”โ€”37512480Not yet classifiedโ€”โ€”
2024-08-0257.58โ€”โ€”11840727Not yet classifiedโ€”โ€”
2024-07-2662.36โ€”โ€”13689174Not yet classifiedโ€”โ€”
2024-07-1964.70โ€”โ€”14752384Not yet classifiedโ€”โ€”
2024-07-1273.85โ€”โ€”12919899Not yet classifiedโ€”โ€”
2024-07-0572.97โ€”โ€”15004074Not yet classifiedโ€”โ€”
2024-06-2863.89โ€”โ€”12072796Not yet classifiedโ€”โ€”
2024-06-2157.30โ€”โ€”12123364Not yet classifiedโ€”โ€”
2024-06-1460.94โ€”โ€”15638302Not yet classifiedโ€”โ€”
2024-06-0759.80โ€”โ€”13683404Not yet classifiedโ€”โ€”
2024-05-3154.24โ€”โ€”8754192Not yet classifiedโ€”โ€”
2024-05-2454.72โ€”โ€”17250958Not yet classifiedโ€”โ€”
2024-05-1762.04โ€”โ€”39101884Not yet classifiedโ€”โ€”
2024-05-1053.53โ€”โ€”30227517Not yet classifiedโ€”โ€”
2024-05-0346.64โ€”โ€”9589055Not yet classifiedโ€”โ€”
2024-04-2645.43โ€”โ€”9076948Not yet classifiedโ€”โ€”
2024-04-1940.88โ€”โ€”12126159Not yet classifiedโ€”โ€”
2024-04-1242.27โ€”โ€”15539586Not yet classifiedโ€”โ€”
2024-04-0547.56โ€”โ€”34216367Not yet classifiedโ€”โ€”
2024-03-2949.32โ€”โ€”91182606Not yet classifiedโ€”โ€”
2024-03-2246.00โ€”โ€”64688672Not yet classifiedโ€”โ€”
Price vs TrendAbove+0.4%
Trend directionFalling-3.1%
Price vs current Fair ValuePremium+12.7%
Fair Value directionMoving away-26.7%
Relative Strength vs benchmarkLagging-16.7%
Relative strength directionWeakening-9.6%
Price momentumPositive+14.4%
Volume balanceSupply-led0.50ร—
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

-10.5 points since 2026-09-11

Energy

17 /100

+0.7 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
Balance48
Rotation Up26
Upward Expansion9
Deceleration54
Rotation Down44
Downward Expansion48

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

2024-03-22 to 2026-10-09 ยท 55 classified observations out of 134 shown.

Balance 33%Rotation Up 7%Upward Expansion 13%Deceleration 20%Rotation Down 4%Downward Expansion 24%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Balance2026-08-072026-10-09Developing-1.1%
Rotation Up2026-07-102026-07-31New-28.0%
Balance2026-05-222026-07-03Developing+37.4%
Downward Expansion2026-02-202026-05-15Established+5.3%
Rotation Down2026-02-062026-02-13New-0.1%
Balance2026-01-302026-01-30New+0.0%
Upward Expansion2026-01-022026-01-23New-9.5%
Deceleration2025-10-172025-12-26Developing+15.8%
Upward Expansion2025-09-262025-10-10New-17.3%
Classic Stage Analysis comparison
Stage 1 ยท Basing36
Stage 2 ยท Advancing24
Stage 3 ยท Distribution68
Stage 4 ยท Declining76

Legacy result: Stage 4 ยท Stage 4A ยท Breakdown. 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
95/100
Current Relative Strength
-16.71
Relative Strength direction
Weakening
Price momentum
+14.4%
Excess performance vs benchmark
-0.4%
Communication Services regime cohort
31th percentile13 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.81ร—

Latest completed volume relative to typical participation.

Up/down volume0.50ร—

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 3

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 153.33falling
Slow Activity USD 161.23falling
Trend Reference USD 159.30+0.4% close margin
Current Fair Value USD 141.90+12.7% close margin
Structural low USD 135.22shock / 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 +14.7%
Annualized volatility +68.9%
From structural high -39.3%
From structural low +34.1%
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 term5-4.3%-19.1% to +23.5%+40.0%+40.0%-3.8%+60.0%Usable descriptive sample
Intermediate2+0.3%-7.6% to +8.2%+50.0%+50.0%-3.3%+50.0%Too little matched history
Extended1-22.0%-22.0% to -22.0%+0.0%+0.0%-30.5%+0.0%Too little matched history
Full cycle0โ€”โ€”โ€”โ€”โ€”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