Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.
42
technical evidence
out of 100
out of 100
Week Ending: 28 August 2026
Indonesia ID Sector
Industrials
For the week ending 28 August 2026, Industrials advanced 0.20% with 58 advancing, 69 declining, and 29 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.
42
technical evidence
Index1248.65
1 week0.20%
Breadth37%
Members156
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
7 completed weeks in this state
Trend acceptance
0.1%
Index versus Trend Line
Persistence
50%
Positive regime, horizons divided
Participation
37%
58 advancing, 69 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
34
Breadth
39
Persistence
46
Relative
45
Risk quality
65
What supports the view
- No major confirming factor has secured control.
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.
- The group is not yet delivering dependable relative outperformance.
- Stage 4 declining constituents exceed Stage 2 advancing constituents by 38 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 age7 weeks
Trend gateDown
Fan width3.95%
Fast versus slow change5.64 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
5.3%
26-week
-13.9%
39-week
-8.4%
52-week
9.5%
Constituent trend persistence
97% coverage
Is the index move broadly durable?
51%positive
Coherent positive12%
Coherent negative16%
Average horizon agreement74%
Positive horizon share41%
Weakening positives26
Repairing negatives32
152 constituents measured as of 28 Aug 2026. Median trend age is 22 weeks.
Custom stage map
96% coverage
Where constituents sit in the cycle
50%Stage 4
Stage 1 · Basing27%40 securities
Stage 2 · Advancing12%18 securities
Stage 3 · Distribution11%17 securities
Stage 4 · Declining50%75 securities
Re-acceleration watch1
Transition watch22
Relative strength leaders22%
Fair Value repairs17
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 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 index102.7
13-week trend102.5
4-week trend change-0.32%
Weekly peer rank7 of 11
1 week
-0.2 pts
relative
4 weeks
0.1 pts
relative
13 weeks
-1.2 pts
relative
26 weeks
-1.6 pts
relative
52 weeks
2.3 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Narrow
Participation quality
37%
advanced
- Advancing
- 58
- Declining
- 69
- Unchanged
- 29
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility30.1%
Drawdown from 52-week high-22.2%
Positive weeks, last 1377%
Current directional run2 weeks
Turnover versus 13-week norm164%
Breadth impulse-10.2 pts
Cross-section
156 measured
Return distribution
Q1 -2.2%
Median 0.0%
Q3 1.7%
Average winner5.9%
Average loser-3.5%
Dispersion8.4 pts
Top-five upside share49%
Top-five capital share63%
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.
10/18
positive
Above Trend Line9/1850% of industries
Constructive breadth6/18At least half advancing
Median industry0.64%1.79 pts dispersion
#1
Advancing
Specialty Business Services
4.36%
Participation57%
vs Trend7.2%
vs Fair Value42.2%
Members7
#2
Narrowing
Railroads
3.47%
Participation40%
vs Trend4.1%
vs Fair Value15.2%
Members5
#3
Advancing
Specialty Industrial Machinery
2.13%
Participation67%
vs Trend2.6%
vs Fair Value3.8%
Members3
#4
Transition
Building Products & Equipment
1.85%
Participation33%
vs Trend-2.3%
vs Fair Value25.9%
Members9
#5
Transition
Industrial Distribution
1.30%
Participation40%
vs Trend-9.0%
vs Fair Value26.9%
Members5
#6
Advancing
Tools & Accessories
1.19%
Participation67%
vs Trend4.5%
vs Fair Value10.4%
Members3
#7
Transition
Business Equipment & Supplies
1.15%
Participation40%
vs Trend-5.5%
vs Fair Value-16.5%
Members5
#8
Narrowing
Integrated Freight & Logistics
1.14%
Participation20%
vs Trend6.6%
vs Fair Value18.8%
Members10
#9
Advancing
Trucking
1.12%
Participation56%
vs Trend7.7%
vs Fair Value44.7%
Members9
#10
Repairing
Metal Fabrication
0.16%
Participation75%
vs Trend-4.2%
vs Fair Value24.9%
Members4
#11
Weakening
Engineering & Construction
-0.27%
Participation42%
vs Trend-0.5%
vs Fair Value14.6%
Members24
#12
Narrowing
Rental & Leasing Services
-0.36%
Participation33%
vs Trend1.1%
vs Fair Value9.7%
Members6
#13
Weakening
Infrastructure Operations
-0.50%
Participation50%
vs Trend5.3%
vs Fair Value7.0%
Members4
#14
Weakening
Marine Shipping
-0.51%
Participation26%
vs Trend-4.4%
vs Fair Value21.3%
Members34
#15
Weakening
Waste Management
-1.15%
Participation33%
vs Trend-2.7%
vs Fair Value5.0%
Members3
#16
Contracting
Electrical Equipment & Parts
-1.22%
Participation29%
vs Trend-3.7%
vs Fair Value-1.1%
Members7
#17
Weakening
Conglomerates
-2.14%
Participation43%
vs Trend-2.9%
vs Fair Value13.5%
Members7
#18
Narrowing
Staffing & Employment Services
-2.86%
Participation0%
vs Trend11.6%
vs Fair Value22.5%
Members4
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 156 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Sector constituents
Top 100 of 156 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.