Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.
46
technical evidence
out of 100
out of 100
Week Ending: 18 September 2026
Indonesia ID Sector
Consumer Cyclical
For the week ending 18 September 2026, Consumer Cyclical declined 0.94% with 42 advancing, 79 declining, and 15 unchanged constituents. The index is equal weighted and built from country-listed equities.
Current architecture
Unresolved
The Activity Lines, Trend Line and price acceptance remain genuinely mixed.
46
technical evidence
Index1125.15
1 week-0.94%
Breadth31%
Members136
Country
🇮🇩 Indonesia · ID
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
4.4%
Index versus Trend Line
Persistence
75%
Positive regime, horizons divided
Participation
31%
42 advancing, 79 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
42
Breadth
28
Persistence
57
Relative
54
Risk quality
74
What supports the view
- Constituent trends show positive multi-horizon persistence.
What restrains conviction
- Index trend architecture has not delivered a durable upward expansion.
- Breadth remains too narrow or inconsistent for a high-conviction position.
- The group is not yet delivering dependable relative outperformance.
- Stage 4 declining constituents exceed Stage 2 advancing constituents by 14 percentage points.
- The index is extended well above current Fair Value, increasing chase risk.
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 width5.42%
Fast versus slow change3.63 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
10.5%
26-week
5.8%
39-week
-4.6%
52-week
8.1%
Constituent trend persistence
100% coverage
Is the index move broadly durable?
51%positive
Coherent positive19%
Coherent negative6%
Average horizon agreement69%
Positive horizon share56%
Weakening positives14
Repairing negatives46
136 constituents measured as of 11 Sep 2026. Median trend age is 20 weeks.
Custom stage map
98% coverage
Where constituents sit in the cycle
40%Stage 1
Stage 1 · Basing40%53 securities
Stage 2 · Advancing18%24 securities
Stage 3 · Distribution10%13 securities
Stage 4 · Declining32%43 securities
Re-acceleration watch0
Transition watch26
Relative strength leaders37%
Fair Value repairs30
Measured as of 11 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
72/100 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 ID Market Structure
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than ID Market Structure. A falling line means capital has done better in the parent benchmark.
Relative index95.6
13-week trend95.3
4-week trend change-0.20%
Weekly peer rank6 of 11
1 week
-0.2 pts
relative
4 weeks
1.0 pts
relative
13 weeks
-1.1 pts
relative
26 weeks
1.7 pts
relative
52 weeks
6.2 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Narrow
Participation quality
31%
advanced
- Advancing
- 42
- Declining
- 79
- Unchanged
- 15
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility27.2%
Drawdown from 52-week high-14.7%
Positive weeks, last 1369%
Current directional run2 weeks
Turnover versus 13-week norm164%
Breadth impulse-16.7 pts
Cross-section
136 measured
Return distribution
Q1 -3.9%
Median -1.1%
Q3 0.9%
Average winner4.8%
Average loser-4.0%
Dispersion6.2 pts
Top-five upside share53%
Top-five capital share35%
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.
3/15
positive
Above Trend Line10/1567% of industries
Constructive breadth1/15At least half advancing
Median industry-0.87%2.78 pts dispersion
#1
Narrowing
Residential Construction
6.19%
Participation33%
vs Trend17.7%
vs Fair Value79.4%
Members3
#2
Narrowing
Furnishings, Fixtures & Appliances
2.09%
Participation42%
vs Trend14.9%
vs Fair Value70.9%
Members12
#3
Advancing
Specialty Retail
1.69%
Participation67%
vs Trend13.7%
vs Fair Value16.0%
Members9
#4
Contracting
Department Stores
-0.11%
Participation38%
vs Trend-1.3%
vs Fair Value-8.8%
Members8
#5
Narrowing
Auto Parts
-0.12%
Participation33%
vs Trend3.6%
vs Fair Value12.9%
Members12
#6
Narrowing
Travel Services
-0.24%
Participation43%
vs Trend2.2%
vs Fair Value25.7%
Members7
#7
Narrowing
Auto & Truck Dealerships
-0.34%
Participation33%
vs Trend9.9%
vs Fair Value10.9%
Members6
#8
Narrowing
Packaging & Containers
-0.87%
Participation44%
vs Trend7.2%
vs Fair Value27.2%
Members18
#9
Narrowing
Leisure
-1.51%
Participation25%
vs Trend2.8%
vs Fair Value3.4%
Members4
#10
Contracting
Apparel Manufacturing
-1.58%
Participation17%
vs Trend-5.2%
vs Fair Value-2.3%
Members6
#11
Narrowing
Textile Manufacturing
-2.13%
Participation11%
vs Trend6.0%
vs Fair Value15.7%
Members9
#12
Narrowing
Lodging
-2.21%
Participation22%
vs Trend4.5%
vs Fair Value34.7%
Members18
#13
Contracting
Apparel Retail
-4.27%
Participation0%
vs Trend-5.9%
vs Fair Value-11.8%
Members3
#14
Contracting
Restaurants
-4.80%
Participation9%
vs Trend-6.5%
vs Fair Value-14.8%
Members11
#15
Contracting
Internet Retail
-5.03%
Participation0%
vs Trend-15.1%
vs Fair Value-10.4%
Members3
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 136 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Sector constituents
Top 100 of 136 shown, 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.