Week Ending: 28 August 2026

France FR Industrials Industry

Conglomerates

For the week ending 28 August 2026, Conglomerates advanced 4.10% with 2 advancing, 1 declining, and 0 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.

Current architecture Upward Expansion

The activity fan is positively ordered above a rising Trend Line with price accepted above it.

74 technical evidence
Index1798.69 1 week4.10% Breadth67% Members3
Country 🇫🇷 France · FR
Sector Industrials
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 2 completed weeks in this state
Trend acceptance 23.2% Index versus Trend Line
Persistence 100% Positive across every horizon
Participation 67% 2 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.

Current posture Wait for re-acceleration

Headline strength is not yet confirmed by the current Activity Line energy and constituent trend mix.

74 technical evidence
out of 100
Evidence balance

Five-pillar map

Wait
Trend
90
Breadth
49
Persistence
58
Relative
100
Risk quality
78
What supports the view
  • The index remains above a constructive Trend gate.
  • Constituent trends show positive multi-horizon persistence.
  • Relative performance is improving within its parent hierarchy.
What restrains conviction
  • Breadth remains too narrow or inconsistent for a high-conviction position.
  • The index is extended well above current Fair Value, increasing chase risk.
  • Positive contribution is concentrated in a small leadership cohort.
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 1,459.71, 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 Upward Expansion

The activity fan is positively ordered above a rising Trend Line with price accepted above it.

State age2 weeks
Trend gateUp
Fan width10.27%
Fast versus slow change-0.93 pts
Above 83% Below 0%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Positive across every horizon

100% agreement

The 13, 26, 39 and 52-week trends all point upward, giving the advance broad horizon agreement.

13-week
20.9%
26-week
38.8%
39-week
48.5%
52-week
100.4%
Regime age82 weeks 52-week flips0 52-week boundary897.38
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive33%
Coherent negative0%
Average horizon agreement75%
Positive horizon share58%
Weakening positives0
Repairing negatives1

3 constituents measured as of 28 Aug 2026. Median trend age is 32 weeks.

Custom stage map

Where constituents sit in the cycle

100% coverage
Stage 1 · Basing0%0 securities
Stage 2 · Advancing67%2 securities
Stage 3 · Distribution0%0 securities
Stage 4 · Declining33%1 securities
Re-acceleration watch0 Transition watch1 Relative strength leaders0% Fair Value repairs0

Measured as of 28 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.

Architecture breadth

How market energy is distributed

66/100 mean confidence
Upward expansion
33% 1
Rotation up
33% 1
Deceleration
0% 0
Balance
0% 0
Rotation down
33% 1
Downward expansion
0% 0
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 Industrials

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

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

Relative index290.5
13-week trend268.2
4-week trend change6.85%
Weekly peer rank1 of 15
1 week
5.1 pts relative
4 weeks
9.3 pts relative
13 weeks
24.2 pts relative
26 weeks
43.8 pts relative
52 weeks
106.7 pts relative

Market internals

Participation, dispersion and path risk

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

Breadth

Participation quality

Broad
Advancing
2
Declining
1
Unchanged
0
4-week average 42%
13-week average 31%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility37.6%
Drawdown from 52-week high0.0%
Positive weeks, last 1377%
Current directional run1 week
Turnover versus 13-week norm144%
Breadth impulse38.9 pts
Cross-section

Return distribution

3 measured
Q1 1.2% Median 2.9% Q3 6.4%
Average winner6.4%
Average loser-0.6%
Dispersion4.4 pts
Top-five upside share100%
Top-five capital share100%
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 3 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Leading edge

1 MLAIGANDINO INVERSIONES GLOBAL, S.A.
9.92% 2 FINMFinancière Marjos SA
2.94% 3 CRICompagnie Chargeurs Invest
-0.57%

Weakest edge

3 CRICompagnie Chargeurs Invest
-0.57% 2 FINMFinancière Marjos SA
2.94% 1 MLAIGANDINO INVERSIONES GLOBAL, S.A.
9.92%

Constituent ledger

Industry constituents

All 3 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 MLAIG ANDINO INVERSIONES GLOBAL, S.A. PAR 59.28M 2.88 3.31 pts
9.92%
2 FINM Financière Marjos SA PAR 34.94M 1.75 0.98 pts
2.94%
3 CRI Compagnie Chargeurs Invest PAR 212.63M 8.70 -0.19 pts
-0.57%

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

Evidence context