United Rentals Inc (URI)
United Rentals, Inc. (NYSE: URI) is the world's largest equipment rental company, with about 13 percent of the North American market share as of 2019.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 58.85% per annum.
- URI price at the close of December 3, 2025 was $813.66 and was lower than the bottom border of the primary price channel by $264.54 (24.54%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 9.53% per annum.
- URI price at the close of December 3, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of URI price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: April 26, 2022
End date: December 16, 2024
a = 4.8693
b = 0.0013
s = 0.1001
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0013) – 1
= 58.85%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1001) – 1
= 49.25%
April 26, 2022 calculations
Top border of price channel:
Exp(Y349)
= Exp(a + b × X349 + 2 × s)
= Exp(a + b × 508 + 2 × s)
= Exp(4.8693 + 0.0013 × 508 + 2 × 0.1001)
= Exp(5.7136)
= $302.96
Bottom border of price channel:
Exp(Y349)
= Exp(a + b × X349 – 2 × s)
= Exp(a + b × 508 – 2 × s)
= Exp(4.8693 + 0.0013 × 508 – 2 × 0.1001)
= Exp(5.3131)
= $202.99
December 16, 2024 calculations
Top border of price channel:
Exp(Y1,013)
= Exp(a + b × X1,013 + 2 × s)
= Exp(a + b × 1,473 + 2 × s)
= Exp(4.8693 + 0.0013 × 1,473 + 2 × 0.1001)
= Exp(6.9372)
= $1,029.88
Bottom border of price channel:
Exp(Y1,013)
= Exp(a + b × X1,013 – 2 × s)
= Exp(a + b × 1,473 – 2 × s)
= Exp(4.8693 + 0.0013 × 1,473 – 2 × 0.1001)
= Exp(6.5367)
= $690.02
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 58.85% per annum.
- URI price at the close of December 3, 2025 was $813.66 and was lower than the bottom border of the primary price channel by $264.54 (24.54%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: December 14, 2023
End date: July 23, 2025
a = 6.1856
b = 0.0002
s = 0.1055
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 9.53%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1055) – 1
= 52.47%
December 14, 2023 calculations
Top border of price channel:
Exp(Y761)
= Exp(a + b × X761 + 2 × s)
= Exp(a + b × 1,105 + 2 × s)
= Exp(6.1856 + 0.0002 × 1,105 + 2 × 0.1055)
= Exp(6.6721)
= $790.07
Bottom border of price channel:
Exp(Y761)
= Exp(a + b × X761 – 2 × s)
= Exp(a + b × 1,105 – 2 × s)
= Exp(6.1856 + 0.0002 × 1,105 – 2 × 0.1055)
= Exp(6.2503)
= $518.17
July 23, 2025 calculations
Top border of price channel:
Exp(Y1,161)
= Exp(a + b × X1,161 + 2 × s)
= Exp(a + b × 1,692 + 2 × s)
= Exp(6.1856 + 0.0002 × 1,692 + 2 × 0.1055)
= Exp(6.8185)
= $914.64
Bottom border of price channel:
Exp(Y1,161)
= Exp(a + b × X1,161 – 2 × s)
= Exp(a + b × 1,692 – 2 × s)
= Exp(6.1856 + 0.0002 × 1,692 – 2 × 0.1055)
= Exp(6.3967)
= $599.86
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 9.53% per annum.
- URI price at the close of December 3, 2025 was inside the secondary price channel.