Week Ending: 11 September 2026

Finland FI Technology Industry

Information Technology Services

For the week ending 11 September 2026, Information Technology Services declined 0.27% with 3 advancing, 3 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.

39 technical evidence
Index869.93 1 week-0.27% Breadth43% Members7
Country 🇫🇮 Finland · FI
Sector Technology
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 7 completed weeks in this state
Trend acceptance -1.7% Index versus Trend Line
Persistence 75% Negative regime, shorter trend repairing
Participation 43% 3 advancing, 3 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.

39 technical evidence
out of 100
Evidence balance

Five-pillar map

Reduce
Trend
35
Breadth
45
Persistence
22
Relative
30
Risk quality
80
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 71 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.

Index architecture Unresolved

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

State age7 weeks
Trend gateDown
Fan width1.65%
Fast versus slow change2.36 pts
Above 33% Below 0%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Negative regime, shorter trend repairing

75% agreement

The long trend remains negative, but shorter-horizon repair is now visible.

13-week
3.2%
26-week
-6.4%
39-week
-11.8%
52-week
-23.2%
Regime age76 weeks 52-week flips0 52-week boundary1133.22
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive0%
Coherent negative29%
Average horizon agreement75%
Positive horizon share32%
Weakening positives1
Repairing negatives4

7 constituents measured as of 11 Sep 2026. Median trend age is 72 weeks.

Custom stage map

Where constituents sit in the cycle

100% coverage
Stage 1 · Basing14%1 securities
Stage 2 · Advancing0%0 securities
Stage 3 · Distribution14%1 securities
Stage 4 · Declining71%5 securities
Re-acceleration watch1 Transition watch3 Relative strength leaders0% Fair Value repairs1

Measured as of 11 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.

Architecture breadth

How market energy is distributed

70/100 mean confidence
Upward expansion
0% 0
Rotation up
29% 2
Deceleration
29% 2
Balance
0% 0
Rotation down
0% 0
Downward expansion
43% 3
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 Technology

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

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

Relative index64.1
13-week trend63.4
4-week trend change0.85%
Weekly peer rank3 of 4
1 week
0.9 pts relative
4 weeks
0.4 pts relative
13 weeks
4.3 pts relative
26 weeks
-6.8 pts relative
52 weeks
-14.5 pts relative

Market internals

Participation, dispersion and path risk

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

Breadth

Participation quality

Narrow
Advancing
3
Declining
3
Unchanged
1
4-week average 43%
13-week average 46%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility12.1%
Drawdown from 52-week high-22.4%
Positive weeks, last 1362%
Current directional run2 weeks
Turnover versus 13-week norm164%
Breadth impulse-3.6 pts
Cross-section

Return distribution

7 measured
Q1 -2.0% Median 0.0% Q3 1.8%
Average winner4.4%
Average loser-5.1%
Dispersion5.8 pts
Top-five upside share100%
Top-five capital share99%
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 7 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Constituent ledger

Industry constituents

All 7 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 SOLTEQ Solteq Oyj HEL 5.61M 0.318 1.38 pts
9.66%
2 GOFORE Gofore Oyj HEL 187.05M 11.96 0.37 pts
2.57%
3 DIGIA Digia Oyj HEL 148.42M 5.62 0.15 pts
1.08%
4 DWF Digital Workforce Services Oyj HEL 29.59M 2.57 0.00 pts
0.00%
5 TIETO Tieto Oyj HEL 2.11B 19.10 -0.18 pts
-1.29%
6 SIILI Siili Solutions Oyj HEL 25.54M 3.16 -0.40 pts
-2.77%
7 NETUM Netum Group Oyj HEL 8.91M 0.75 -1.59 pts
-11.14%

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

Evidence context