Trend, participation and relative evidence are sufficiently aligned for selective exposure.
75
technical evidence
out of 100
out of 100
Week Ending: 28 August 2026
Brazil BR Sector
Technology
For the week ending 28 August 2026, Technology advanced 2.61% with 68 advancing, 33 declining, and 7 unchanged constituents. The index is equal weighted and built from country-listed equities.
Current architecture
Upward Expansion
The activity fan is positively ordered above a rising Trend Line with price accepted above it.
75
technical evidence
Index3108.38
1 week2.61%
Breadth63%
Members108
Country
🇧🇷 Brazil · BR
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
Upward Expansion
4 completed weeks in this state
Trend acceptance
16.5%
Index versus Trend Line
Persistence
100%
Positive across every horizon
Participation
63%
68 advancing, 33 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
Position
Five-pillar map
Trend
81
Breadth
58
Persistence
59
Relative
100
Risk quality
92
What supports the view
- The index remains above a constructive Trend gate.
- Participation is broad enough to support the index move.
- Constituent trends show positive multi-horizon persistence.
- Relative performance is improving within its parent hierarchy.
What restrains conviction
- The index is extended well above current Fair Value, increasing chase risk.
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 fan is positively ordered above a rising Trend Line with price accepted above it.
State age4 weeks
Trend gateUp
Fan width8.85%
Fast versus slow change3.32 pts
Above 83%
Below 0%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
100% agreement
Positive across every horizon
The 13, 26, 39 and 52-week trends all point upward, giving the advance broad horizon agreement.
13-week
9.3%
26-week
27.3%
39-week
17.2%
52-week
20.8%
Constituent trend persistence
96% coverage
Is the index move broadly durable?
54%positive
Coherent positive22%
Coherent negative10%
Average horizon agreement77%
Positive horizon share61%
Weakening positives21
Repairing negatives29
104 constituents measured as of 28 Aug 2026. Median trend age is 31 weeks.
Custom stage map
96% coverage
Where constituents sit in the cycle
39%Stage 2
Stage 1 · Basing25%26 securities
Stage 2 · Advancing39%41 securities
Stage 3 · Distribution9%9 securities
Stage 4 · Declining27%28 securities
Re-acceleration watch1
Transition watch27
Relative strength leaders38%
Fair Value repairs16
Measured as of 28 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
73/100 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 BR Market Structure
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than BR Market Structure. A falling line means capital has done better in the parent benchmark.
Relative index144.4
13-week trend135.5
4-week trend change3.35%
Weekly peer rank1 of 11
1 week
1.5 pts
relative
4 weeks
8.8 pts
relative
13 weeks
7.2 pts
relative
26 weeks
30.4 pts
relative
52 weeks
17.9 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Broad
Participation quality
63%
advanced
- Advancing
- 68
- Declining
- 33
- Unchanged
- 7
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility18.2%
Drawdown from 52-week high0.0%
Positive weeks, last 1354%
Current directional run1 week
Turnover versus 13-week norm192%
Breadth impulse15.7 pts
Cross-section
108 measured
Return distribution
Q1 -0.7%
Median 1.7%
Q3 5.2%
Average winner5.7%
Average loser-3.1%
Dispersion5.9 pts
Top-five upside share25%
Top-five capital share63%
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.
Industry map
Where sector leadership is forming
Performance, breadth and trend acceptance across every qualified industry.
5/8
positive
Above Trend Line7/888% of industries
Constructive breadth5/8At least half advancing
Median industry1.00%3.06 pts dispersion
#1
Advancing
Software - Infrastructure
6.71%
Participation86%
vs Trend23.4%
vs Fair Value31.3%
Members22
#2
Advancing
Software - Application
3.89%
Participation75%
vs Trend20.8%
vs Fair Value4.7%
Members32
#3
Repairing
Consumer Electronics
2.14%
Participation50%
vs Trend-1.2%
vs Fair Value-4.5%
Members4
#4
Transition
Information Technology Services
1.03%
Participation58%
vs Trend2.6%
vs Fair Value-18.1%
Members12
#5
Advancing
Computer Hardware
0.98%
Participation67%
vs Trend22.7%
vs Fair Value120.4%
Members6
#6
Narrowing
Communication Equipment
-0.03%
Participation29%
vs Trend18.9%
vs Fair Value61.1%
Members7
#7
Narrowing
Semiconductors
-0.56%
Participation43%
vs Trend8.7%
vs Fair Value72.7%
Members14
#8
Narrowing
Semiconductor Equipment & Materials
-4.44%
Participation0%
vs Trend4.8%
vs Fair Value91.3%
Members4
News and narrative
Does company news confirm the market tape?
59out of 100
Mostly positive
Positive company-news scores are spread across much of the measured market.
Evidence quality
53/100 confidence
Coverage before conviction
Qualified companies2019% of measured constituents
Articles2541100% direct company evidence
Publishers112Independent sources represented
Latest evidence5 SepFreshness is weighted in the score
Constructive 55%Balanced 45%Cautious 0%
Price confirms news10
Price disagrees5
Negative news absorbed0
Positive but stretched5
Constructive edge
Strongest qualified tone
S2NW3470/100 confidence · 87 direct
70
AI Coming for SaaS? Snowflake CEO Says Data, Not Software, Will Define the Next Era: ‘Ownin…
D1EL3475/100 confidence · 139 direct 69DELL Stock Hits 52-Week High: Does it Have More Room to Run?
D1OC3447/100 confidence · 26 direct 65DocuSign (DOCU) Opens Its MCP Server To Every AI Agent
E2ST3442/100 confidence · 39 direct 63Palantir Technologies, Workiva, Elastic, RingCentral, and 8x8 Shares Skyrocket, What You Ne…
S1NP3438/100 confidence · 40 direct 63Marvell Technology Knows Synopsys Is a Huge Threat
Narrative risk
Weakest qualified tone
INTU3444/100 confidence · 85 direct
46
Intuit Stock Still Carries The Same Swing It Just Delivered
AAPL3449/100 confidence · 257 direct 52Apple Slips 1.1% as Face ID Fight Reaches a $218 Billion Engine
U1BE3438/100 confidence · 107 direct 54Why Is Uber (UBER) Up 7.8% Since Last Earnings Report?
MSFT3446/100 confidence · 192 direct 54Satya Nadella Has Delivered a More Than 10X Return for Microsoft Shareholders Since Becomin…
AVGO3466/100 confidence · 203 direct 545-star analyst resets Broadcom stock price target
Only fresh, quality-controlled company evidence is included. Industry and sector context is down-weighted and cannot create a directional group conclusion on its own.
Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Sector constituents
Top 100 of 108 shown, 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.