The evidence is balanced enough to avoid a defensive call, but not aligned enough for aggressive positioning.
56
technical evidence
out of 100
out of 100
Week Ending: 28 August 2026
Brazil BR Consumer Defensive Industry
Education & Training Services
For the week ending 28 August 2026, Education & Training Services advanced 6.22% with 10 advancing, 1 declining, and 1 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.
Current architecture
Unresolved
The Activity Lines, Trend Line and price acceptance remain genuinely mixed.
56
technical evidence
Index411.90
1 week6.22%
Breadth83%
Members12
Country
🇧🇷 Brazil · BR
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
Unresolved
2 completed weeks in this state
Trend acceptance
-0.7%
Index versus Trend Line
Persistence
50%
Positive regime, horizons divided
Participation
83%
10 advancing, 1 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
37
Breadth
64
Persistence
51
Relative
75
Risk quality
73
What supports the view
- Participation is broad enough to support the index move.
- Medium-term relative returns and peer standing remain constructive.
What restrains conviction
- Index trend architecture has not delivered a durable upward expansion.
- Constituent persistence remains divided or predominantly negative.
- The current 13-week parent-relative trend is weakening.
- Stage 4 declining constituents exceed Stage 2 advancing constituents by 50 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.
The Activity Lines, Trend Line and price acceptance remain genuinely mixed.
State age2 weeks
Trend gateDown
Fan width2.83%
Fast versus slow change3.96 pts
Above 17%
Below 33%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
50% agreement
Positive regime, horizons divided
The 52-week trend is positive, although not every measured horizon confirms it.
13-week
3.1%
26-week
-10.7%
39-week
-4.2%
52-week
6.0%
Constituent trend persistence
83% coverage
Is the index move broadly durable?
60%positive
Coherent positive20%
Coherent negative30%
Average horizon agreement82%
Positive horizon share52%
Weakening positives1
Repairing negatives1
10 constituents measured as of 28 Aug 2026. Median trend age is 19 weeks.
Custom stage map
83% coverage
Where constituents sit in the cycle
50%Stage 4
Stage 1 · Basing30%3 securities
Stage 2 · Advancing0%0 securities
Stage 3 · Distribution20%2 securities
Stage 4 · Declining50%5 securities
Re-acceleration watch0
Transition watch4
Relative strength leaders30%
Fair Value repairs2
Measured as of 28 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
66/100 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 index102.9
13-week trend100.1
4-week trend change-2.12%
Weekly peer rank1 of 9
1 week
5.4 pts
relative
4 weeks
1.6 pts
relative
13 weeks
-2.2 pts
relative
26 weeks
-4.6 pts
relative
52 weeks
7.3 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Broad
Participation quality
83%
advanced
- Advancing
- 10
- Declining
- 1
- Unchanged
- 1
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility26.6%
Drawdown from 52-week high-16.7%
Positive weeks, last 1346%
Current directional run2 weeks
Turnover versus 13-week norm235%
Breadth impulse42.9 pts
Cross-section
12 measured
Return distribution
Q1 1.8%
Median 5.6%
Q3 10.3%
Average winner7.9%
Average loser-4.6%
Dispersion5.9 pts
Top-five upside share76%
Top-five capital share89%
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 12 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Industry constituents
All 12 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.