Week Ending: 11 September 2026

Indonesia ID Consumer Defensive Industry

Household & Personal Products

For the week ending 11 September 2026, Household & Personal Products advanced 5.75% with 3 advancing, 6 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.

69 technical evidence
Index1756.22 1 week5.75% Breadth33% Members9
Country 🇮🇩 Indonesia · ID
Sector Consumer Defensive
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 1 completed week in this state
Trend acceptance 13.9% Index versus Trend Line
Persistence 100% Positive across every horizon
Participation 33% 3 advancing, 6 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.

69 technical evidence
out of 100
Evidence balance

Five-pillar map

Wait
Trend
78
Breadth
43
Persistence
64
Relative
94
Risk quality
81
What supports the view
  • The index remains above a constructive Trend gate.
  • Constituent trends show positive multi-horizon persistence.
  • Medium-term relative returns and peer standing remain constructive.
What restrains conviction
  • Breadth remains too narrow or inconsistent for a high-conviction position.
  • The current 13-week parent-relative trend is weakening.
  • Stage 4 declining constituents exceed Stage 2 advancing constituents by 33 percentage points.
  • 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 1,541.88, 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 age1 weeks
Trend gateUp
Fan width6.34%
Fast versus slow change4.28 pts
Above 100% 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
18.6%
26-week
16.2%
39-week
14.8%
52-week
34.9%
Regime age53 weeks 52-week flips0 52-week boundary1301.77
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive22%
Coherent negative0%
Average horizon agreement75%
Positive horizon share53%
Weakening positives2
Repairing negatives1

9 constituents measured as of 11 Sep 2026. Median trend age is 4 weeks.

Custom stage map

Where constituents sit in the cycle

100% coverage
Stage 1 · Basing56%5 securities
Stage 2 · Advancing0%0 securities
Stage 3 · Distribution11%1 securities
Stage 4 · Declining33%3 securities
Re-acceleration watch0 Transition watch4 Relative strength leaders44% 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

73/100 mean confidence
Upward expansion
33% 3
Rotation up
22% 2
Deceleration
0% 0
Balance
22% 2
Rotation down
0% 0
Downward expansion
22% 2
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 Defensive

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

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

Relative index98.5
13-week trend92.4
4-week trend change-0.71%
Weekly peer rank2 of 9
1 week
5.0 pts relative
4 weeks
7.4 pts relative
13 weeks
2.6 pts relative
26 weeks
11.2 pts relative
52 weeks
25.9 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
6
Unchanged
0
4-week average 53%
13-week average 53%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility23.6%
Drawdown from 52-week high0.0%
Positive weeks, last 1369%
Current directional run4 weeks
Turnover versus 13-week norm538%
Breadth impulse-21.3 pts
Cross-section

Return distribution

9 measured
Q1 -3.3% Median -1.0% Q3 25.9%
Average winner28.4%
Average loser-3.9%
Dispersion15.6 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 9 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Leading edge

1 MBTOPT Martina Berto Tbk
33.33% 2 VICIPT Victoria Care Indonesia Tbk
25.99% 3 FLMCPT Falmaco Nonwoven Industri Tbk
25.93% 4 TCIDPT. Mandom Indonesia Tbk
-0.38% 5 UCIDPT Uni-Charm Indonesia Tbk
-0.96%

Weakest edge

9 EUROPT Estee Gold Feet Tbk
-9.68% 8 MRATPT Mustika Ratu Tbk
-6.25% 7 UNVRPT Unilever Indonesia Tbk
-3.26% 6 MICEPT Multi Indocitra Tbk
-2.70% 5 UCIDPT Uni-Charm Indonesia Tbk
-0.96%

Constituent ledger

Industry constituents

All 9 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 MBTO PT Martina Berto Tbk JKT 134.82B 168.00 2.78 pts
33.33%
2 VICI PT Victoria Care Indonesia Tbk JKT 5.97T 1,115.00 2.78 pts
25.99%
3 FLMC PT Falmaco Nonwoven Industri Tbk JKT 77.34B 136.00 2.78 pts
25.93%
4 TCID PT. Mandom Indonesia Tbk JKT 1.07T 2,600.00 -0.04 pts
-0.38%
5 UCID PT Uni-Charm Indonesia Tbk JKT 2.22T 515.00 -0.11 pts
-0.96%
6 MICE PT Multi Indocitra Tbk JKT 336.00B 540.00 -0.30 pts
-2.70%
7 UNVR PT Unilever Indonesia Tbk JKT 64.76T 1,630.00 -0.36 pts
-3.26%
8 MRAT PT Mustika Ratu Tbk JKT 176.34B 390.00 -0.69 pts
-6.25%
9 EURO PT Estee Gold Feet Tbk JKT 3.59T 1,400.00 -1.08 pts
-9.68%

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

Evidence context