Global industry intelligenceWeek ending 11 September 2026

Utilities - Renewable

For the week ending 11 September 2026, Utilities - Renewable advanced 0.01% with 117 advancing, 143 declining, and 14 unchanged constituents.

Industry positioning postureReduce exposure into strength

Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.

Industry evidence score39/100Reduce
Index value1014.02
Weekly return0.01%
Measured equities274
Sibling rank6 of 6
Parent sectorUtilitiesOpen the complete sector intelligence page

156 completed weeks

Utilities - Renewable trend architecture

Price, Activity Lines, Trend Line and current Fair Value, with the recognized architecture behind each completed week.

ArchitectureUnresolved Index vs Trend-3.9% 13-week persistence-5.4% Advancing participation43%
Index Value Trend Line Fair Value Activity Lines Constructive Transition Defensive

Positioning and relative evidence

Is Utilities - Renewable earning a place in the portfolio?

Technical evidence determines the posture. Sentiment remains a separate confirmation layer.

Current posture

Reduce exposure into strength

Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.

Defensive39/100Position
Sentiment held separateQualified news coverage is too thin to alter the technical positioning view.
Five-pillar evidence

Quality of the positioning case

39
Trend
35
Breadth
36
Persistence
42
Relative
19
Risk quality
88
Parent-relative performance

Returns versus Utilities

Composite rank 6 of 6
1 week0.0%0.0 pts
4 weeks-0.2%-0.5 pts
13 weeks-5.4%-2.8 pts
26 weeks-3.3%-0.9 pts
52 weeks0.9%-5.3 pts
Relative leadership path

Utilities - Renewable versus Utilities

Weakening
Evidence ledger

Confirmation and conflict

!Index trend architecture has not delivered a durable upward expansion.

!Breadth remains too narrow or inconsistent for a high-conviction position.

!Constituent persistence remains divided or predominantly negative.

!The group is not yet delivering dependable relative outperformance.

!Stage 4 declining constituents exceed Stage 2 advancing constituents by 40 percentage points.

Decision boundaries

What would change the posture?

1A completed weekly reclaim of 1,055.45, the higher of Trend Line and Fair Value, would improve the structural case.

2Breadth holding above 55% for several completed weeks would show that repair is spreading.

3Positive 13 and 26-week relative performance would confirm that capital is rotating into the group.

Trend state and durability

Architecture, persistence and constituent regimes

The industry index path is tested against the securities beneath it.

Index architecture

Unresolved

1 weeks

The Activity Lines, Trend Line and price acceptance remain genuinely mixed.

Trend gateDownFan width3.04%Accepted above fan0%Accepted below fan33%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Positive regime, shorter trend weakening

50% agreement

The long trend remains positive, but the 13-week horizon has turned against it.

13-week
-5.4%
26-week
-3.3%
39-week
1.0%
52-week
0.9%
Regime age61 weeks52-week flips052-week boundary1005.18
Constituent trend persistence

How broadly durable is the move?

85% coverage
47%positive
Coherent positive17%
Coherent negative31%
Horizon agreement77%
Weakening positives49
Repairing negatives25

234 constituents measured as of 11 Sep 2026.

Custom stage map

Where covered constituents sit in the cycle

91% coverage
57%Stage 4
Stage 1 Basing13%31
Stage 2 Advancing17%43
Stage 3 Distribution13%32
Stage 4 Declining57%142
Re-acceleration4Transition watch29Fair Value repairs23

Stage coverage is shown explicitly and is not substituted for full-universe persistence coverage.

Geographic diffusion

Where Utilities - Renewable strength is developing

Country returns, participation and Trend position show whether the global result is widely shared or locally concentrated.

Countries measured2533 represented in the full universe
Positive countries12 / 25Latest weekly return above zero
Above Trend Line24%6 country indexes
Return dispersion2.65 ptsCross-country opportunity and divergence
Latin America2.82%

1 countries · 10 equities · 4% of measured coverage

Participation78%Countries above Trend0%
Asia Pacific0.86%

10 countries · 130 equities · 47% of measured coverage

Participation51%Countries above Trend50%
Europe-0.18%

9 countries · 58 equities · 21% of measured coverage

Participation38%Countries above Trend11%
Middle East and Africa-0.45%

2 countries · 38 equities · 14% of measured coverage

Participation49%Countries above Trend0%
North America-3.88%

2 countries · 22 equities · 8% of measured coverage

Participation24%Countries above Trend0%
Other markets-5.33%

1 countries · 7 equities · 3% of measured coverage

Participation14%Countries above Trend0%
Country evidence map

Return, breadth and trend condition

Minimum 3 constituents
🇸🇪SE5 4.87% 60% up · above Trend 🇸🇬SG4 4.61% 50% up · below Trend 🇹🇭TH15 3.96% 53% up · above Trend 🇨🇳CN37 2.90% 68% up · below Trend 🇧🇷BR10 2.82% 70% up · below Trend 🇹🇷TR23 2.30% 70% up · below Trend 🇪🇸ES6 0.64% 33% up · below Trend 🇨🇭CH4 0.51% 75% up · below Trend 🇭🇰HK17 0.46% 29% up · below Trend 🇮🇹IT4 0.26% 25% up · below Trend 🇮🇳IN13 0.10% 62% up · above Trend 🇦🇹AT7 0.06% 43% up · below Trend 🇬🇧GB4 -0.33% 50% up · below Trend 🇲🇾MY6 -0.47% 33% up · above Trend 🇳🇴NO9 -0.70% 33% up · below Trend 🇮🇩ID7 -1.11% 29% up · below Trend 🇩🇪DE6 -1.14% 33% up · below Trend 🇳🇿NZ3 -1.25% 33% up · below Trend 🇨🇦CA4 -1.64% 25% up · below Trend 🇫🇷FR13 -2.14% 15% up · below Trend 🇦🇺AU11 -2.18% 18% up · above Trend 🇯🇵JP17 -2.59% 41% up · above Trend 🇺🇸US18 -4.38% 22% up · below Trend 🇮🇱IL15 -4.67% 13% up · below Trend 🇹🇼TW7 -5.33% 14% up · below Trend

8 thin country slices are excluded from comparative conclusions. Their securities remain in the global index.

Country leadership

Strongest confirmed tapes

🇸🇪Sweden5 equities4.87%
🇸🇬Singapore4 equities4.61%
🇹🇭Thailand15 equities3.96%
🇨🇳China37 equities2.90%
🇧🇷Brazil10 equities2.82%
🇹🇷Turkey23 equities2.30%
Country pressure

Weakest current tapes

🇹🇼Taiwan7 equities-5.33%
🇮🇱Israel15 equities-4.67%
🇺🇸United States18 equities-4.38%
🇯🇵Japan17 equities-2.59%
🇦🇺Australia11 equities-2.18%
🇫🇷France13 equities-2.14%

Sibling industry comparison

Where Utilities - Renewable sits inside Utilities

Relative strength, acceleration and participation separate durable leadership from a one-week move.

Composite rank6 / 6 Leading2 Lagging3 Above Trend1 / 6 Return dispersion0.32 pts

Market internals and risk

Participation, momentum and payoff shape

The headline index is tested against participation, volatility, drawdown and the distribution of security returns.

Advancing participation42.7%1.1 points versus recent baseline
13-week positive weeks38%Index-level hit rate
Annualised volatility8.9%52-week index return volatility
Current drawdown-10.0%From the 52-week index high
156-week max drawdown-14.6%Peak-to-trough index decline
Breadth impulse

Net advancing participation

Range -100 to +100
Trend momentum

Trend Line rate of change

Positive or negative slope
Security return distribution

What the headline return conceals

274 equities
Average loser-4.08%
Average winner+5.07%
Median equity-0.31%The middle security, less sensitive to extreme movers
Interquartile range-2.79% to 2.18%The central half of the universe
Security dispersion6.87 ptsCross-sectional opportunity and stock-selection risk

News and price confirmation

Does company news confirm the Utilities - Renewable tape?

Open sentiment intelligence

Qualified sentiment coverage for this industry is still building.

Security leadership

The equities driving the result

Weekly leaders and laggards reveal whether the index move is broad, concentrated or vulnerable to reversal.

Latest week

Full global industry tape

Showing 1-30 of 274, sorted by weekly return.

Ticker Company Market Open High Low Close Return
SSP Sermsang Power Corporation Public Company Limited TH · SET 5.50 7.30 5.45 7.30 35.19%
000993 Fujian Mindong Electric Power Group Co., Ltd. CN · SHZ 10.59 13.88 10.32 13.88 29.36%
L02 Metis Energy Limited SG · SES 0.032 0.033 0.027 0.032 28.00%
8326 Tonking New Energy Group Holdings Limited HK · HKG 0.164 0.25 0.135 0.16 25.00%
0295 Kong Sun Holdings Limited HK · HKG 0.016 0.021 0.016 0.019 18.75%
ECOGR ECOGREEN ENERJI TR · IST 32.60 38.80 32.50 37.70 15.79%
TSE Thai Solar Energy Public Company Limited TH · SET 0.85 1.03 0.83 0.97 15.48%
301046 Shanghai Nenghui Technology Co.,Ltd. CN · SHZ 27.89 33.30 27.61 31.38 14.53%
FORTUM Fortum Oyj FI · HEL 21.02 25.84 21.00 23.99 14.35%
603693 Jiangsu New Energy Development Co., Ltd. CN · SHH 11.23 12.80 11.14 12.80 13.98%
AKFYE Akfen Yenilenebilir Enerji A.S. TR · IST 22.50 29.14 21.82 25.42 13.18%
NRGV Energy Vault Holdings Inc US · NYSE 3.87 4.46 3.85 4.31 12.24%
EOLU-B Eolus Aktiebolag (publ) SE · STO 46.55 52.50 45.55 52.10 12.16%
SLR Solaria Energía y Medio Ambiente, S.A. AT · VIE 17.20 18.60 17.14 18.60 12.05%
RNEW4 Renova Energia S.A. BR · SAO 0.87 0.99 0.83 0.96 11.63%
605011 Hangzhou Cogeneration Group Co., Ltd. CN · SHH 17.04 19.03 16.51 19.03 10.96%
600032 Zhejiang Provincial New Energy Investment Group Co., Ltd. CN · SHH 6.72 7.68 6.70 7.44 10.55%
SLR Solaria Energía y Medio Ambiente, S.A. ES · MCE 16.88 18.77 16.88 18.41 9.45%
600310 Guangxi Energy Co., Ltd. CN · SHH 4.48 5.04 4.43 4.90 9.38%
RNEW3 Renova Energia S.A. BR · SAO 0.86 0.97 0.85 0.94 9.30%
ALHAF Haffner Energy S.A. FR · PAR 0.63 0.693 0.593 0.646 9.12%
PRIM Prime Energy P.E. Ltd IL · TLV 400,400.00 442,100.00 395,100.00 436,100.00 8.92%
SOFA PT Solusi Environment Asia Tbk ID · JKT 320.00 370.00 298.00 344.00 8.86%
SPCG SPCG Public Company Limited TH · SET 10.20 11.40 10.20 11.20 8.74%
ORRON Orrön Energy AB (publ) SE · STO 7.22 8.03 7.22 7.81 8.17%
NSE New Sources Energy N.V. NL · AMS 0.0295 0.0295 0.029 0.029 7.41%
NATEN Naturel Yenilenebilir Enerji Ticaret Anonim Sirketi TR · IST 5.05 5.59 5.04 5.39 6.73%
MOGAN MOGAN ENERJI TR · IST 13.85 14.76 12.80 14.76 6.57%
MAGEN Margün Enerji Üretim Sanayi ve Ticaret A.S. TR · IST 33.90 38.12 32.90 36.00 6.19%
CLEANMAX CLEAN MAX ENVIRO EN SOL L IN · NSI 1,344.00 1,442.00 1,340.30 1,431.00 6.17%

Evidence context