The evidence is balanced enough to avoid a defensive call, but not aligned enough for aggressive positioning.
50
technical evidence
out of 100
out of 100
Week Ending: 18 September 2026
Austria AT Consumer Defensive Industry
Household & Personal Products
For the week ending 18 September 2026, Household & Personal Products advanced 0.21% with 6 advancing, 5 declining, and 0 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.
Current architecture
Balance
Directional pressure is compressed and neither side has durable control.
50
technical evidence
Index956.86
1 week0.21%
Breadth55%
Members11
Country
🇦🇹 Austria · AT
Sector
Consumer Defensive
Universe
country-listed
Price basis
Adjusted weekly close
Trend architecture
Index, activity fan and structural anchors
Rolling 156-week evidence. Trend Signal points mark weeks when price, trend and the activity fan confirmed together.
Index Value
Trend Line
Fair Value
Activity Lines
Constructive architecture
Transitional architecture
Defensive architecture
Current architecture
Balance
2 completed weeks in this state
Trend acceptance
-2.5%
Index versus Trend Line
Persistence
100%
Negative across every horizon
Participation
55%
6 advancing, 5 declining
Investor positioning lens
Is the evidence ready for capital?
A rules-based technical classification using trend, breadth, persistence, relative strength and path quality.
Evidence balance
Wait
Five-pillar map
Trend
38
Breadth
50
Persistence
61
Relative
37
Risk quality
83
What supports the view
- Constituent trends show positive multi-horizon persistence.
What restrains conviction
- Index trend architecture has not delivered a durable upward expansion.
- Breadth remains too narrow or inconsistent for a high-conviction position.
- The group is not yet delivering dependable relative outperformance.
- Stage 4 declining constituents exceed Stage 2 advancing constituents by 30 percentage points.
- Positive contribution is concentrated in a small leadership cohort.
This is a weekly research classification, not personal investment advice. Sentiment is reported as an independent confirmation layer and does not alter the technical score.
Trend state and durability
Architecture, persistence and constituent regimes
The index path is tested against the underlying security-level trend evidence.
Directional pressure is compressed and neither side has durable control.
State age2 weeks
Trend gateMixed
Fan width0.91%
Fast versus slow change-1.24 pts
Above 50%
Below 33%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
100% agreement
Negative across every horizon
The 13, 26, 39 and 52-week trends all point downward, confirming persistent contraction.
13-week
-1.1%
26-week
-2.5%
39-week
-6.3%
52-week
-9.7%
Constituent trend persistence
91% coverage
Is the index move broadly durable?
60%positive
Coherent positive20%
Coherent negative10%
Average horizon agreement78%
Positive horizon share62%
Weakening positives3
Repairing negatives1
10 constituents measured as of 18 Sep 2026. Median trend age is 15 weeks.
Custom stage map
91% coverage
Where constituents sit in the cycle
40%Stage 3
Stage 1 · Basing30%3 securities
Stage 2 · Advancing0%0 securities
Stage 3 · Distribution40%4 securities
Stage 4 · Declining30%3 securities
Re-acceleration watch0
Transition watch2
Relative strength leaders0%
Fair Value repairs1
Measured as of 18 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
71/100 mean confidence
How market energy is distributed
Architecture breadth shows the distribution of expanding, rotating, balancing and contracting securities. It is diagnostic context and is not added as a second vote in the positioning score.
Capital rotation
Performance relative to Consumer Defensive
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than Consumer Defensive. A falling line means capital has done better in the parent benchmark.
Relative index81.8
13-week trend82.3
4-week trend change0.09%
Weekly peer rank5 of 9
1 week
0.0 pts
relative
4 weeks
-1.0 pts
relative
13 weeks
-1.3 pts
relative
26 weeks
-5.0 pts
relative
52 weeks
-13.1 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Balanced
Participation quality
55%
advanced
- Advancing
- 6
- Declining
- 5
- Unchanged
- 0
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility16.3%
Drawdown from 52-week high-17.4%
Positive weeks, last 1362%
Current directional run1 week
Turnover versus 13-week norm157%
Breadth impulse9.1 pts
Cross-section
11 measured
Return distribution
Q1 -0.7%
Median 0.4%
Q3 1.2%
Average winner1.5%
Average loser-1.3%
Dispersion1.8 pts
Top-five upside share96%
Top-five capital share87%
Capital data coverage100%
Dispersion describes how far constituent outcomes are spreading apart. Capital concentration is contextual only; the index itself is equal weighted.
Momentum cycle
30-week persistence
Positive readings show expansion. Negative readings show contraction.
Breadth cycle
Net participation
Advancers less decliners as a percentage of measured constituents.
News and narrative
Does company news confirm the market tape?
Sentiment evidence is still developing
Qualified company-level news coverage is not yet broad enough to influence the group view.
0 qualified records across 11 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Industry constituents
All 11 measured constituents, ranked by latest weekly return.
Rank
Ticker
Company
Exchange
Market cap
Close
Index contribution
Return
The index uses capped equal-weight weekly constituent returns. The ledger shows uncapped security returns so outliers remain visible for research.