The evidence is balanced enough to avoid a defensive call, but not aligned enough for aggressive positioning.
53
technical evidence
out of 100
out of 100
Week Ending: 28 August 2026
Indonesia ID Energy Industry
Thermal Coal
For the week ending 28 August 2026, Thermal Coal advanced 1.02% with 16 advancing, 11 declining, and 6 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.
53
technical evidence
Index3023.92
1 week1.02%
Breadth48%
Members33
Country
🇮🇩 Indonesia · ID
Sector
Energy
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
6 completed weeks in this state
Trend acceptance
1.3%
Index versus Trend Line
Persistence
50%
Positive regime, horizons divided
Participation
48%
16 advancing, 11 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
Wait
Five-pillar map
Trend
35
Breadth
51
Persistence
55
Relative
78
Risk quality
68
What supports the view
- Relative performance is improving within its parent hierarchy.
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.
- Stage 4 declining constituents exceed Stage 2 advancing constituents by 30 percentage points.
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 age6 weeks
Trend gateDown
Fan width5.62%
Fast versus slow change7.92 pts
Above 67%
Below 0%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
50% agreement
Positive regime, horizons divided
The 52-week trend is positive, although not every measured horizon confirms it.
13-week
13.4%
26-week
-10.7%
39-week
-7.8%
52-week
12.8%
Constituent trend persistence
100% coverage
Is the index move broadly durable?
58%positive
Coherent positive21%
Coherent negative15%
Average horizon agreement77%
Positive horizon share50%
Weakening positives3
Repairing negatives9
33 constituents measured as of 28 Aug 2026. Median trend age is 19 weeks.
Custom stage map
100% coverage
Where constituents sit in the cycle
49%Stage 4
Stage 1 · Basing24%8 securities
Stage 2 · Advancing18%6 securities
Stage 3 · Distribution9%3 securities
Stage 4 · Declining49%16 securities
Re-acceleration watch0
Transition watch1
Relative strength leaders36%
Fair Value repairs3
Measured as of 28 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
73/100 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 Energy
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than Energy. A falling line means capital has done better in the parent benchmark.
Relative index98.9
13-week trend96.7
4-week trend change0.02%
Weekly peer rank1 of 4
1 week
1.2 pts
relative
4 weeks
3.6 pts
relative
13 weeks
2.5 pts
relative
26 weeks
0.3 pts
relative
52 weeks
2.5 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Balanced
Participation quality
48%
advanced
- Advancing
- 16
- Declining
- 11
- Unchanged
- 6
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility30.2%
Drawdown from 52-week high-22.0%
Positive weeks, last 1385%
Current directional run9 weeks
Turnover versus 13-week norm148%
Breadth impulse-4.5 pts
Cross-section
33 measured
Return distribution
Q1 -1.4%
Median 0.0%
Q3 3.4%
Average winner4.2%
Average loser-3.1%
Dispersion4.0 pts
Top-five upside share57%
Top-five capital share69%
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 33 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Industry constituents
All 33 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.