Week Ending: 18 September 2026

China CN Consumer Cyclical Industry

Auto Manufacturers

For the week ending 18 September 2026, Auto Manufacturers advanced 1.98% with 18 advancing, 12 declining, and 3 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.

37 technical evidence
Index2112.37 1 week1.98% Breadth55% Members33
Country 🇨🇳 China · CN
Sector Consumer Cyclical
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 6 completed weeks in this state
Trend acceptance -8.2% Index versus Trend Line
Persistence 100% Negative across every horizon
Participation 55% 18 advancing, 12 declining

Investor positioning lens

Is the evidence ready for capital?

A rules-based technical classification using trend, breadth, persistence, relative strength and path quality.

Current posture Reduce exposure into strength

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

37 technical evidence
out of 100
Evidence balance

Five-pillar map

Reduce
Trend
26
Breadth
49
Persistence
20
Relative
40
Risk quality
74
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.
  • Stage 4 declining constituents exceed Stage 2 advancing constituents by 82 percentage points.
Independent sentiment overlay Sentiment held separate

Qualified news coverage is too thin to alter the technical positioning view.

Evidence that would change the view
  1. A completed weekly reclaim of 2,301.17, the higher of Trend Line and Fair Value, would improve the structural case.
  2. Breadth holding above 55% for several completed weeks would show that repair is spreading.
  3. Positive 13 and 26-week relative performance would confirm that capital is rotating into the group.

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.

Index architecture Unresolved

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

State age6 weeks
Trend gateDown
Fan width4.48%
Fast versus slow change3.11 pts
Above 0% Below 17%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Negative across every horizon

100% agreement

The 13, 26, 39 and 52-week trends all point downward, confirming persistent contraction.

13-week
-3.0%
26-week
-14.5%
39-week
-19.5%
52-week
-18.6%
Regime age16 weeks 52-week flips1 52-week boundary2595.54
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive3%
Coherent negative39%
Average horizon agreement83%
Positive horizon share24%
Weakening positives3
Repairing negatives10

33 constituents measured as of 18 Sep 2026. Median trend age is 27 weeks.

Custom stage map

Where constituents sit in the cycle

100% coverage
Stage 1 · Basing3%1 securities
Stage 2 · Advancing3%1 securities
Stage 3 · Distribution9%3 securities
Stage 4 · Declining85%28 securities
Re-acceleration watch0 Transition watch6 Relative strength leaders9% Fair Value repairs0

Measured as of 18 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.

Architecture breadth

How market energy is distributed

72/100 mean confidence
Upward expansion
3% 1
Rotation up
3% 1
Deceleration
6% 2
Balance
18% 6
Rotation down
0% 0
Downward expansion
70% 23
Unresolved
0% 0

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 Cyclical

Weakening
Relative index 13-week relative trend Starting level
Rotation dashboard Weakening

A rising relative line means this group is compounding faster than Consumer Cyclical. A falling line means capital has done better in the parent benchmark.

Relative index102.5
13-week trend103.7
4-week trend change-0.97%
Weekly peer rank8 of 16
1 week
0.5 pts relative
4 weeks
-0.6 pts relative
13 weeks
-0.8 pts relative
26 weeks
-5.7 pts relative
52 weeks
-10.6 pts relative

Market internals

Participation, dispersion and path risk

Equal-weight index evidence with constituent-level breadth and dispersion.

Breadth

Participation quality

Balanced
Advancing
18
Declining
12
Unchanged
3
4-week average 45%
13-week average 44%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility19.1%
Drawdown from 52-week high-22.9%
Positive weeks, last 1338%
Current directional run1 week
Turnover versus 13-week norm418%
Breadth impulse11.6 pts
Cross-section

Return distribution

33 measured
Q1 -1.4% Median 0.7% Q3 3.4%
Average winner5.3%
Average loser-2.5%
Dispersion5.2 pts
Top-five upside share62%
Top-five capital share73%
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?

Open Sentiment Intelligence
Sentiment evidence is still developing

Qualified company-level news coverage is not yet broad enough to influence the group view.

0 qualified records across 33 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Leading edge

1 000981Sensteed Hi-Tech Group
15.83% 2 301322Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd.
12.95% 3 000868Anhui Ankai Automobile Co., Ltd
12.39% 4 000572Haima Automobile Co.,Ltd
9.39% 5 301345Zhejiang Taotao Vehicles Co., Ltd.
8.82%

Weakest edge

33 000550Jiangling Motors Corporation, Ltd.
-5.44% 32 600104SAIC Motor Corporation Limited
-5.29% 31 000903Kunming Yunnei Power Co.,Ltd.
-4.61% 30 601633Great Wall Motor Company Limited
-2.97% 29 601965China Automotive Engineering Research Institute Co., Ltd.
-2.52%

Constituent ledger

Industry constituents

All 33 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 000981 Sensteed Hi-Tech Group SHZ 26.59B 3.00 0.48 pts
15.83%
2 301322 Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd. SHZ 5.78B 45.34 0.39 pts
12.95%
3 000868 Anhui Ankai Automobile Co., Ltd SHZ 3.34B 3.99 0.38 pts
12.39%
4 000572 Haima Automobile Co.,Ltd SHZ 6.43B 4.31 0.28 pts
9.39%
5 301345 Zhejiang Taotao Vehicles Co., Ltd. SHZ 25.08B 240.69 0.27 pts
8.82%
6 000980 Zotye Automobile Co., Ltd SHZ 8.22B 2.29 0.24 pts
8.02%
7 301607 Zhejiang EV-Tech Co.,Ltd. SHZ 9.75B 44.47 0.21 pts
7.08%
8 603766 Loncin Motor Co., Ltd. SHH 29.47B 14.81 0.15 pts
4.81%
9 000338 Weichai Power Co., Ltd. SHZ 231.99B 27.23 0.10 pts
3.42%
10 300643 Hamaton Automotive Technology Co., Ltd SHZ 4.12B 17.95 0.09 pts
3.04%
11 600418 Anhui Jianghuai Automobile Group Corp.,Ltd. SHH 46.48B 19.25 0.07 pts
2.39%
12 200625 Chongqing Changan Automobile Company Limited SHZ 33.11B 3.34 0.06 pts
2.14%
13 601127 Seres Group Co.,Ltd SHH 86.26B 47.19 0.05 pts
1.75%
14 000625 Chongqing Changan Automobile Company Limited SHZ 70.58B 7.12 0.03 pts
0.85%
15 200550 Jiangling Motors Corporation, Ltd. SHZ 8.24B 9.54 0.03 pts
0.85%
16 600006 DongFeng Automobile Co. LTD SHH 10.72B 5.27 0.02 pts
0.76%
17 603529 AIMA Technology Group CO., LTD SHH 18.49B 21.43 0.02 pts
0.66%
18 002594 BYD Company Limited SHZ 796.84B 84.30 0.01 pts
0.36%
19 300210 Anshan Senyuan Road and Bridge Co., Ltd SHZ 3.92B 7.42 0.00 pts
0.00%
20 600686 Xiamen King Long Motor Group Co., Ltd. SHH 8.15B 10.82 0.00 pts
0.00%
21 601238 Guangzhou Automobile Group Co., Ltd. SHH 52.72B 5.09 0.00 pts
0.00%
22 002682 Longzhou Group Co., Ltd. SHZ 2.92B 5.10 -0.01 pts
-0.20%
23 600303 Liaoning SG Automotive Group Co., Ltd. SHH 2.05B 2.98 -0.03 pts
-1.00%
24 603178 Ningbo Shenglong Automotive Powertrain System Co.,Ltd. SHH 4.14B 15.70 -0.03 pts
-1.07%
25 000913 Zhejiang Qianjiang Motorcycle Co., Ltd. SHZ 5.90B 10.69 -0.04 pts
-1.38%
26 601777 Chongqing Afari Technology Co., Ltd. SHH 36.76B 7.80 -0.05 pts
-1.52%
27 600166 Beiqi Foton Motor Co.,Ltd. SHH 22.96B 2.78 -0.05 pts
-1.77%
28 600733 BAIC BluePark New Energy Technology Co., Ltd. SHH 31.39B 4.54 -0.07 pts
-2.37%
29 601965 China Automotive Engineering Research Institute Co., Ltd. SHH 13.87B 13.16 -0.08 pts
-2.52%
30 601633 Great Wall Motor Company Limited SHH 127.05B 14.05 -0.09 pts
-2.97%
31 000903 Kunming Yunnei Power Co.,Ltd. SHZ 3.75B 2.07 -0.14 pts
-4.61%
32 600104 SAIC Motor Corporation Limited SHH 120.36B 11.10 -0.16 pts
-5.29%
33 000550 Jiangling Motors Corporation, Ltd. SHZ 14.84B 16.69 -0.16 pts
-5.44%

The index uses capped equal-weight weekly constituent returns. The ledger shows uncapped security returns so outliers remain visible for research.

Evidence context