Trend, participation and relative evidence are sufficiently aligned for selective exposure.
80
technical evidence
out of 100
out of 100
Week Ending: 4 September 2026
India IN Energy Industry
Oil & Gas Equipment & Services
For the week ending 04 September 2026, Oil & Gas Equipment & Services advanced 4.58% with 9 advancing, 1 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.
80
technical evidence
Index7005.53
1 week4.58%
Breadth90%
Members10
Country
🇮🇳 India · IN
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
Upward Expansion
7 completed weeks in this state
Trend acceptance
22.7%
Index versus Trend Line
Persistence
100%
Positive across every horizon
Participation
90%
9 advancing, 1 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
Position
Five-pillar map
Trend
90
Breadth
72
Persistence
78
Relative
68
Risk quality
88
What supports the view
- The index remains above a constructive Trend gate.
- 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
- The index is extended well above current Fair Value, increasing chase risk.
- 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 fan is positively ordered above a rising Trend Line with price accepted above it.
State age7 weeks
Trend gateUp
Fan width10.39%
Fast versus slow change2.54 pts
Above 100%
Below 0%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
100% agreement
Positive across every horizon
The 13, 26, 39 and 52-week trends all point upward, giving the advance broad horizon agreement.
13-week
15.7%
26-week
38.0%
39-week
30.3%
52-week
19.4%
Constituent trend persistence
100% coverage
Is the index move broadly durable?
70%positive
Coherent positive50%
Coherent negative10%
Average horizon agreement85%
Positive horizon share75%
Weakening positives2
Repairing negatives1
10 constituents measured as of 4 Sep 2026. Median trend age is 10 weeks.
Custom stage map
90% coverage
Where constituents sit in the cycle
67%Stage 2
Stage 1 · Basing22%2 securities
Stage 2 · Advancing67%6 securities
Stage 3 · Distribution11%1 securities
Stage 4 · Declining0%0 securities
Re-acceleration watch0
Transition watch0
Relative strength leaders56%
Fair Value repairs0
Measured as of 4 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
79/100 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 index124.9
13-week trend120.0
4-week trend change0.78%
Weekly peer rank2 of 4
1 week
1.2 pts
relative
4 weeks
6.0 pts
relative
13 weeks
4.8 pts
relative
26 weeks
9.3 pts
relative
52 weeks
0.0 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Broad
Participation quality
90%
advanced
- Advancing
- 9
- Declining
- 1
- Unchanged
- 0
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility24.7%
Drawdown from 52-week high0.0%
Positive weeks, last 1362%
Current directional run1 week
Turnover versus 13-week norm174%
Breadth impulse39.2 pts
Cross-section
10 measured
Return distribution
Q1 2.5%
Median 5.5%
Q3 6.4%
Average winner5.3%
Average loser-2.0%
Dispersion3.4 pts
Top-five upside share75%
Top-five capital share95%
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 10 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Industry constituents
All 10 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.