The evidence is constructive, but security selection and entry discipline still matter.
61
technical evidence
out of 100
out of 100
Week Ending: 4 September 2026
Indonesia ID Basic Materials Industry
Specialty Chemicals
For the week ending 04 September 2026, Specialty Chemicals advanced 4.13% with 8 advancing, 3 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.
61
technical evidence
Index1318.23
1 week4.13%
Breadth57%
Members14
Country
🇮🇩 Indonesia · ID
Sector
Basic Materials
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
9 completed weeks in this state
Trend acceptance
13.9%
Index versus Trend Line
Persistence
75%
Positive regime, horizons divided
Participation
57%
8 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.
Evidence balance
Selective
Five-pillar map
Trend
55
Breadth
55
Persistence
71
Relative
65
Risk quality
70
What supports the view
- 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
- Index trend architecture has not delivered a durable upward expansion.
- 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 Activity Lines, Trend Line and price acceptance remain genuinely mixed.
State age9 weeks
Trend gateMixed
Fan width9.44%
Fast versus slow change6.16 pts
Above 100%
Below 0%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
75% agreement
Positive regime, horizons divided
The 52-week trend is positive, although not every measured horizon confirms it.
13-week
44.2%
26-week
6.3%
39-week
-10.2%
52-week
6.1%
Constituent trend persistence
100% coverage
Is the index move broadly durable?
64%positive
Coherent positive36%
Coherent negative0%
Average horizon agreement77%
Positive horizon share62%
Weakening positives0
Repairing negatives5
14 constituents measured as of 4 Sep 2026. Median trend age is 24 weeks.
Custom stage map
93% coverage
Where constituents sit in the cycle
39%Stage 1
Stage 1 · Basing39%5 securities
Stage 2 · Advancing31%4 securities
Stage 3 · Distribution8%1 securities
Stage 4 · Declining23%3 securities
Re-acceleration watch1
Transition watch4
Relative strength leaders62%
Fair Value repairs2
Measured as of 4 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
78/100 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 Basic Materials
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than Basic Materials. A falling line means capital has done better in the parent benchmark.
Relative index90.7
13-week trend87.4
4-week trend change1.82%
Weekly peer rank4 of 9
1 week
1.1 pts
relative
4 weeks
3.6 pts
relative
13 weeks
13.0 pts
relative
26 weeks
7.5 pts
relative
52 weeks
-7.2 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Broad
Participation quality
57%
advanced
- Advancing
- 8
- Declining
- 3
- Unchanged
- 3
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility32.1%
Drawdown from 52-week high-11.0%
Positive weeks, last 1377%
Current directional run6 weeks
Turnover versus 13-week norm303%
Breadth impulse4.2 pts
Cross-section
14 measured
Return distribution
Q1 0.0%
Median 1.5%
Q3 5.7%
Average winner10.8%
Average loser-5.5%
Dispersion11.3 pts
Top-five upside share93%
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?
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
Industry 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.