Week Ending: 28 August 2026

Italy IT Financial Services Industry

Credit Services

For the week ending 28 August 2026, Credit Services advanced 0.79% with 2 advancing, 2 declining, and 1 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.

60 technical evidence
Index2058.73 1 week0.79% Breadth40% Members5
Country 🇮🇹 Italy · IT
Sector Financial Services
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 7.4% Index versus Trend Line
Persistence 50% Negative regime, shorter trend repairing
Participation 40% 2 advancing, 2 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.

60 technical evidence
out of 100
Evidence balance

Five-pillar map

Wait
Trend
74
Breadth
44
Persistence
50
Relative
51
Risk quality
86
What supports the view
  • The index remains above a constructive Trend gate.
What restrains conviction
  • 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 20 percentage points.
  • 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 1,970.06, 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 width3.53%
Fast versus slow change0.55 pts
Above 67% Below 17%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Negative regime, shorter trend repairing

50% agreement

The long trend remains negative, but shorter-horizon repair is now visible.

13-week
2.9%
26-week
12.3%
39-week
-0.3%
52-week
-5.1%
Regime age28 weeks 52-week flips5 52-week boundary2170.30
Constituent trend persistence

Is the index move broadly durable?

Constituent persistence coverage is still building.
Custom stage map

Where constituents sit in the cycle

100% coverage
Stage 1 · Basing80%4 securities
Stage 2 · Advancing0%0 securities
Stage 3 · Distribution0%0 securities
Stage 4 · Declining20%1 securities
Re-acceleration watch0 Transition watch1 Relative strength leaders0% Fair Value repairs2

Measured as of 28 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.

Architecture breadth

How market energy is distributed

66/100 mean confidence
Upward expansion
20% 1
Rotation up
20% 1
Deceleration
20% 1
Balance
20% 1
Rotation down
0% 0
Downward expansion
20% 1
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 Financial Services

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

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

Relative index67.7
13-week trend68.4
4-week trend change-1.65%
Weekly peer rank1 of 4
1 week
0.9 pts relative
4 weeks
7.0 pts relative
13 weeks
-5.8 pts relative
26 weeks
-4.2 pts relative
52 weeks
-26.1 pts relative

Market internals

Participation, dispersion and path risk

Equal-weight index evidence with constituent-level breadth and dispersion.

Breadth

Participation quality

Narrow
Advancing
2
Declining
2
Unchanged
1
4-week average 55%
13-week average 48%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility21.6%
Drawdown from 52-week high-7.2%
Positive weeks, last 1354%
Current directional run1 week
Turnover versus 13-week norm148%
Breadth impulse-8.3 pts
Cross-section

Return distribution

5 measured
Q1 -0.9% Median 0.0% Q3 1.9%
Average winner3.0%
Average loser-1.0%
Dispersion1.9 pts
Top-five upside share100%
Top-five capital share100%
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 5 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Leading edge

1 MOLMoltiply Group S.p.A.
3.97% 2 BFFBFF Bank S.p.A.
1.94% 3 KKKruso Kapital S.p.A.
0.00% 4 GFGeneralfinance S.p.A.
-0.93% 5 ISCIntegrated System Credit Consulting Fintech S.p.A.
-1.02%

Weakest edge

5 ISCIntegrated System Credit Consulting Fintech S.p.A.
-1.02% 4 GFGeneralfinance S.p.A.
-0.93% 3 KKKruso Kapital S.p.A.
0.00% 2 BFFBFF Bank S.p.A.
1.94% 1 MOLMoltiply Group S.p.A.
3.97%

Constituent ledger

Industry constituents

All 5 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 MOL Moltiply Group S.p.A. MIL 1.41B 37.95 0.79 pts
3.97%
2 BFF BFF Bank S.p.A. MIL 593.90M 3.16 0.39 pts
1.94%
3 KK Kruso Kapital S.p.A. MIL 43.41M 0.0182 0.00 pts
0.00%
4 GF Generalfinance S.p.A. MIL 266.60M 21.20 -0.19 pts
-0.93%
5 ISC Integrated System Credit Consulting Fintech S.p.A. MIL 12.64M 0.97 -0.20 pts
-1.02%

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

Evidence context