Weekly structural research ยท NYSE ยท Basic Materials

OLN Stage Analysis

Olin Corporation

Week ending 9 Oct 2026Close USD 14.89Tenure DevelopingBenchmark SPY
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Downward Expansion ยท 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: wide and expanding.
Direction -81โˆ’100 bearish to +100 bullish
Energy 84/100directional strength
Maturity 45/100lifecycle context
Confidence 96/100evidence agreement
Trend gate Downstructural direction
Activity structure Wideexpanding separation
Price acceptance -100.0%position within the Activity structure
Fair Value context -53.0%USD 31.70 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
2026-10-0914.8922.14-39.0140202159Downward Expansion-8184
2026-10-0215.9022.46-34.6918549896Downward Expansion-7575
2026-09-2516.4022.71-33.4810407580Downward Expansion-7373
2026-09-1816.8422.99-31.4214581109Downward Expansion-7177
2026-09-1117.2023.23-30.599997861Downward Expansion-7070
2026-09-0417.3723.51-31.1313647976Downward Expansion-7176
2026-08-2817.1523.74-32.5615560745Downward Expansion-7481
2026-08-2118.1923.86-28.7111733105Downward Expansion-7079
2026-08-1418.8824.04-27.4811455018Downward Expansion-6864
2026-08-0718.3824.18-29.6319501638Downward Expansion-7558
2026-07-3118.3024.35-27.6922022204Downward Expansion-8057
2026-07-2422.9324.44-8.5913370344Rotation Down-6054
2026-07-1721.9924.37-12.9513310897Rotation Down-3865
2026-07-1020.6824.30-19.5017808681Rotation Down-4569
2026-07-0320.0424.34-21.2315026176Rotation Down-4364
2026-06-2621.7324.34-13.1020544941Deceleration-3551
2026-06-1922.0124.31-14.2021043627Deceleration-3228
2026-06-1225.1324.22-1.269053840Deceleration913
2026-06-0524.5424.04-3.009745731Deceleration1914
2026-05-2925.8723.85-0.268694683Deceleration3316
2026-05-2226.0323.661.938584717Deceleration3723
2026-05-1526.7823.585.9211154892Upward Expansion4127
2026-05-0826.6523.455.7012860899Upward Expansion5130
2026-05-0128.4123.2815.297902087Upward Expansion6340
2026-04-2426.5823.178.9810833772Upward Expansion5543
2026-04-1725.9023.076.6911293297Upward Expansion5962
2026-04-1028.7422.9923.6014960903Upward Expansion6868
2026-04-0328.3722.8926.7412077525Upward Expansion7061
2026-03-2728.8022.7633.4615097265Upward Expansion7443
2026-03-2023.6022.577.0714064161Upward Expansion4926
2026-03-1324.5522.538.9817525186Upward Expansion5532
2026-03-0623.2022.401.1418083591Upward Expansion5240
2026-02-2724.9822.246.3412744864Upward Expansion6258
2026-02-2023.9721.991.2512029015Upward Expansion5338
2026-02-1325.4921.888.3715812650Balance6150
2026-02-0624.4521.692.2821373904Balance5643
2026-01-3020.4921.58-14.9124194204Balance1120
2026-01-2323.6321.60-2.4013720554Balance3239
2026-01-1623.0521.47-6.0311025940Balance2824
2026-01-0923.5021.33-5.6318542884Balance2115
2026-01-0221.2221.20-14.216152279Balance-46
2025-12-2620.5721.14-18.635629307Balance-76
2025-12-1920.0821.08-20.4815160249Balance-35
2025-12-1221.8421.03-14.5012388546Rotation Down28
2025-12-0520.1520.98-22.6612775472Rotation Down-1929
2025-11-2820.7820.99-21.417729799Rotation Down-2140
2025-11-2119.3021.01-25.7014943107Deceleration-2742
2025-11-1419.6321.07-27.3011858292Deceleration-2429
2025-11-0718.9221.08-31.0814458233Deceleration-2625
2025-10-3120.1921.10-29.0821724229Deceleration1216
2025-10-2423.4721.07-18.449745590Deceleration3722
2025-10-1722.8421.07-20.339441540Upward Expansion4024
2025-10-1021.7321.11-24.2912328648Upward Expansion4429
2025-10-0325.1321.17-16.2312729156Upward Expansion6963
2025-09-2623.3721.11-22.6313552573Rotation Up6269
2025-09-1923.5621.14-23.7414204157Rotation Up3765
2025-09-1225.7321.20-17.0015043574Rotation Up5272
2025-09-0524.6921.22-20.229683851Balance4854
2025-08-2923.0821.29-26.2211004762Balance2925
2025-08-2222.4121.45-29.488560544Balance-15
2025-08-1520.6021.74-36.0113417068Downward Expansion-4429
2025-08-0818.3022.13-43.5015140810Downward Expansion-6040
2025-08-0117.6322.50-45.1320903314Downward Expansion-6634
2025-07-2520.5622.94-38.6613216291Downward Expansion-3118
2025-07-1819.7123.32-41.2910739906Downward Expansion-3720
2025-07-1121.1623.72-37.7314593962Downward Expansion-3521
2025-07-0421.2024.20-38.837550268Downward Expansion-4129
2025-06-2719.7624.80-42.908164597Downward Expansion-5641
2025-06-2018.6825.49-45.088273212Downward Expansion-6450
2025-06-1319.7126.23-43.2010367053Downward Expansion-6252
2025-06-0619.3026.88-45.5510019915Downward Expansion-6356
2025-05-3018.7727.63-47.167807496Downward Expansion-7059
2025-05-2318.7128.30-47.486894756Downward Expansion-7458
2025-05-1620.4328.98-45.238390387Downward Expansion-6453
2025-05-0920.4329.78-43.498488960Downward Expansion-6661
2025-05-0221.2730.59-42.5511578216Downward Expansion-6564
2025-04-2521.0831.40-42.467691839Downward Expansion-6666
2025-04-1820.0132.24-43.855074244Downward Expansion-7268
2025-04-1119.5732.96-46.8315729864Downward Expansion-8071
2025-04-0419.2633.66-45.709707501Downward Expansion-8974
2025-03-2823.5434.33-40.777221621Downward Expansion-6968
2025-03-2123.9434.92-41.6611862095Downward Expansion-6881
2025-03-1423.6035.53-43.0910009769Downward Expansion-7486
2025-03-0723.3736.08-45.8712182483Downward Expansion-7987
2025-02-2824.1336.58-46.728750293Downward Expansion-7989
2025-02-2125.5337.13-45.025073180Downward Expansion-7686
2025-02-1426.3037.68-45.009569334Downward Expansion-7884
2025-02-0726.8238.31-43.8714973460Downward Expansion-8069
2025-01-3127.8338.93-42.5710990003Downward Expansion-8169
2025-01-2431.1039.43-37.264548096Downward Expansion-6678
2025-01-1732.0939.88-35.006269986Downward Expansion-6785
2025-01-1029.4640.34-39.236026117Downward Expansion-8293
2025-01-0330.7540.93-38.536140826Downward Expansion-8192
2024-12-2732.0941.48-36.965196819Downward Expansion-8188
2024-12-2031.7942.09-37.9016233092Downward Expansion-8680
2024-12-1335.4642.74-32.8113350077Downward Expansion-7652
2024-12-0639.2243.32-26.875105699Downward Expansion-5937
2024-11-2940.4743.75-24.514111571Downward Expansion-5132
2024-11-2240.7444.08-23.654658266Downward Expansion-5453
2024-11-1539.3344.39-25.546953894Downward Expansion-6254
2024-11-0841.8944.75-22.8712972778Downward Expansion-4038
2024-11-0138.6445.06-25.847644475Balance-5642
2024-10-2539.1845.60-26.309884508Balance-3718
2024-10-1844.4546.14-17.685142082Balance-222
2024-10-1144.8446.42-16.724900226Downward Expansion-520
2024-10-0445.3846.75-15.235375833Downward Expansion-1519
2024-09-2746.3247.01-13.688323171Downward Expansion-2017
2024-09-2041.7147.17-22.2910772976Downward Expansion-4739
2024-09-1340.6347.42-23.675728753Downward Expansion-5947
2024-09-0639.3447.70-23.663484090Downward Expansion-7258
2024-08-3041.3047.99-23.684250638Downward Expansion-6357
2024-08-2342.0448.21-22.664676789Downward Expansion-6574
2024-08-1640.2648.53-25.626022269Downward Expansion-6782
2024-08-0938.4548.77-26.846908422Downward Expansion-8485
2024-08-0240.4449.11-23.7810865370Downward Expansion-8068
2024-07-2641.9749.40-23.289425185Downward Expansion-7872
2024-07-1945.2849.68-18.574839336Downward Expansion-6474
2024-07-1245.3349.85-20.605791474Downward Expansion-6680
2024-07-0543.0349.98-24.355579343Downward Expansion-8286
2024-06-2844.3850.10-21.027933475Rotation Down-8082
2024-06-2146.1850.13-18.286627943Rotation Down-4462
2024-06-1447.0350.07-16.544575915Balance-3045
2024-06-0747.1349.96-15.395009599Balance-2921
2024-05-3150.6049.75-8.433607293Balance2413
2024-05-2451.2049.45-7.983867533Balance2112
2024-05-1752.8549.05-5.313318380Upward Expansion3818
2024-05-1052.0648.72-5.563976073Upward Expansion2821
2024-05-0350.2948.48-7.395894173Upward Expansion2424
2024-04-2650.1548.26-7.555204062Upward Expansion3421
2024-04-1950.2648.13-5.353934015Upward Expansion4429
2024-04-1251.0547.90-7.233697223Upward Expansion6044
2024-04-0555.0147.75-2.004221556Upward Expansion7077
2024-03-2955.1447.48-3.034165238Upward Expansion7580
2024-03-2253.0447.25-6.756758687Upward Expansion6675
2024-03-1554.6347.29-2.185756946Upward Expansion8078
2024-03-0853.2847.22-4.924669617Upward Expansion7460
2024-03-0151.0947.23-9.434610435Balance6435
2024-02-2349.1447.35-12.633438108Balance1311
2024-02-1649.1047.50-11.914605114Balance1517
2024-02-0947.9247.59-14.954103216Balance1214
2024-02-0247.9847.66-14.338097333Rotation Up1517
2024-01-2651.5347.70-7.418437660Rotation Up4534
2024-01-1947.7047.57-13.963544296Rotation Up2026
2024-01-1248.3747.47-12.224205611Rotation Up2553
2024-01-0549.1747.47-9.563746512Rotation Up2657
2023-12-2950.4147.43-9.173006349Rotation Up3556
2023-12-2250.3747.33-9.285185692Downward Expansion3539
2023-12-1549.2547.22-10.8410372074Downward Expansion-119
2023-12-0846.7047.25-13.709301485Downward Expansion-2424
2023-12-0145.1747.31-16.695350905Downward Expansion-4124
2023-11-2444.3347.50-17.984051787Downward Expansion-4734
2023-11-1743.8747.73-18.515534946Downward Expansion-6152
2023-11-1040.9047.98-22.744377579Downward Expansion-6873
2023-11-0341.5448.36-21.057138311Downward Expansion-6570
2023-10-2739.1848.72-21.778867786Downward Expansion-8378
2023-10-2042.9549.12-16.825312702Downward Expansion-6961
Price vs TrendBelow-32.8%
Trend directionFalling-9.1%
Price vs current Fair ValueBelow anchor-53.0%
Fair Value directionMoving away-13.3%
Relative Strength vs benchmarkLagging-39.0%
Relative strength directionWeakening-19.5%
Price momentumNegative-48.2%
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

-81 / ยฑ100

-11.2 points since 2026-09-11

Energy

84 /100

+14.5 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
Balance2
Rotation Up22
Upward Expansion20
Deceleration39
Rotation Down71
Downward Expansion98

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 15%Rotation Up 6%Upward Expansion 17%Deceleration 7%Rotation Down 6%Downward Expansion 49%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Downward Expansion2026-07-312026-10-09Developing-18.6%
Rotation Down2026-07-032026-07-24New+14.4%
Deceleration2026-05-222026-06-26Developing-16.5%
Upward Expansion2026-02-202026-05-15Established+11.7%
Balance2025-12-192026-02-13Developing+26.9%
Rotation Down2025-11-282025-12-12New+5.1%
Deceleration2025-10-242025-11-21Developing-17.8%
Upward Expansion2025-10-032025-10-17New-9.1%
Rotation Up2025-09-122025-09-26New-9.2%
Balance2025-08-222025-09-05New+10.2%
Downward Expansion2024-11-082025-08-15Extended-50.8%
Balance2024-10-182024-11-01New-13.1%
Downward Expansion2024-07-052024-10-11Established+4.2%
Rotation Down2024-06-212024-06-28New-3.9%
Classic Stage Analysis comparison
Stage 1 ยท Basing54
Stage 2 ยท Advancing0
Stage 3 ยท Distribution16
Stage 4 ยท Declining100

Legacy result: Stage 4 ยท Stage 4B ยท Declining. 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
96/100
Current Relative Strength
-39.01
Relative Strength direction
Weakening
Price momentum
-48.2%
Excess performance vs benchmark
-63.1%
Basic Materials regime cohort
93th percentile46 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume2.54ร—

Latest completed volume relative to typical participation.

Up/down volume0.50ร—

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 3

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

Current relationship between Fast Activity and Slow Activity.

Structure stability+0.0%

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 15.88falling
Slow Activity USD 19.84falling
Trend Reference USD 22.14-32.8% close margin
Current Fair Value USD 31.70-53.0% close margin
Structural low USD 14.82shock / 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 +11.9%
Annualized volatility +45.1%
From structural high -50.8%
From structural low +0.5%
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 movePositive periodsDirectional follow-through Median excess vs SPY Regime survived Read
Near term25-2.5%-21.6% to +26.4%+44.0%+56.0%-3.7%+80.0%Usable descriptive sample
Intermediate8+6.9%-37.4% to +23.9%+75.0%+25.0%-3.7%+50.0%Usable descriptive sample
Extended6-2.5%-31.1% to +30.3%+50.0%+50.0%-11.5%+50.0%Usable descriptive sample
Full cycle3-0.4%-49.5% to +18.2%+33.3%+66.7%-35.9%+66.7%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