Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.
47
technical evidence
out of 100
out of 100
Week Ending: 18 September 2026
Switzerland CH Sector
Consumer Cyclical
For the week ending 18 September 2026, Consumer Cyclical declined 1.45% with 5 advancing, 8 declining, and 1 unchanged constituents. The index is equal weighted and built from country-listed equities.
Current architecture
Deceleration
The positive Trend gate remains, but fan energy or fast-line momentum is cooling.
47
technical evidence
Index885.10
1 week-1.45%
Breadth36%
Members14
Country
🇨🇭 Switzerland · CH
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
Deceleration
2 completed weeks in this state
Trend acceptance
-1.8%
Index versus Trend Line
Persistence
75%
Positive regime, shorter trend weakening
Participation
36%
5 advancing, 8 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
Reduce
Five-pillar map
Trend
58
Breadth
26
Persistence
52
Relative
28
Risk quality
87
What supports the view
- No major confirming factor has secured control.
What restrains conviction
- 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.
- Activity Line energy is decelerating despite the positive Trend gate.
- Stage 4 declining constituents exceed Stage 2 advancing constituents by 36 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 positive Trend gate remains, but fan energy or fast-line momentum is cooling.
State age2 weeks
Trend gateUp
Fan width2.08%
Fast versus slow change-2.83 pts
Above 33%
Below 33%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
75% agreement
Positive regime, shorter trend weakening
The long trend remains positive, but the 13-week horizon has turned against it.
13-week
-4.9%
26-week
10.6%
39-week
4.9%
52-week
6.1%
Constituent trend persistence
100% coverage
Is the index move broadly durable?
57%positive
Coherent positive7%
Coherent negative14%
Average horizon agreement75%
Positive horizon share57%
Weakening positives4
Repairing negatives2
14 constituents measured as of 18 Sep 2026. Median trend age is 22 weeks.
Custom stage map
100% coverage
Where constituents sit in the cycle
50%Stage 4
Stage 1 · Basing21%3 securities
Stage 2 · Advancing14%2 securities
Stage 3 · Distribution14%2 securities
Stage 4 · Declining50%7 securities
Re-acceleration watch0
Transition watch4
Relative strength leaders21%
Fair Value repairs3
Measured as of 18 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
74/100 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 CH Market Structure
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than CH Market Structure. A falling line means capital has done better in the parent benchmark.
Relative index67.9
13-week trend71.1
4-week trend change-1.09%
Weekly peer rank8 of 10
1 week
-1.1 pts
relative
4 weeks
-3.3 pts
relative
13 weeks
-6.0 pts
relative
26 weeks
-1.1 pts
relative
52 weeks
-4.7 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Narrow
Participation quality
36%
advanced
- Advancing
- 5
- Declining
- 8
- Unchanged
- 1
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility18.3%
Drawdown from 52-week high-9.0%
Positive weeks, last 1354%
Current directional run3 weeks
Turnover versus 13-week norm266%
Breadth impulse-6.0 pts
Cross-section
14 measured
Return distribution
Q1 -2.6%
Median -1.6%
Q3 0.9%
Average winner1.2%
Average loser-3.3%
Dispersion2.6 pts
Top-five upside share100%
Top-five capital share98%
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.
0/1
positive
Above Trend Line0/10% of industries
Constructive breadth0/1At least half advancing
Median industry-1.86%0.00 pts dispersion
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 14 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Sector constituents
All 14 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.