Week Ending: 18 September 2026

South Korea KR Technology Industry

Semiconductor Equipment & Materials

For the week ending 18 September 2026, Semiconductor Equipment & Materials advanced 5.57% with 7 advancing, 1 declining, and 0 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.

54 technical evidence
Index3042.19 1 week5.57% Breadth88% Members8
Country 🇰🇷 South Korea · KR
Sector Technology
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 4 completed weeks in this state
Trend acceptance -7.5% Index versus Trend Line
Persistence 50% Positive regime, shorter trend weakening
Participation 88% 7 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.

Current posture Hold and wait for confirmation

The evidence is balanced enough to avoid a defensive call, but not aligned enough for aggressive positioning.

54 technical evidence
out of 100
Evidence balance

Five-pillar map

Wait
Trend
41
Breadth
65
Persistence
55
Relative
59
Risk quality
56
What supports the view
  • Participation is broad enough to support the index move.
  • Constituent trends show positive multi-horizon persistence.
  • Medium-term relative returns and peer standing remain constructive.
What restrains conviction
  • Index trend architecture has not delivered a durable upward expansion.
  • The current 13-week parent-relative trend is weakening.
  • Stage 4 declining constituents exceed Stage 2 advancing constituents by 12 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 3,287.98, 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 Unresolved

The Activity Lines, Trend Line and price acceptance remain genuinely mixed.

State age4 weeks
Trend gateDown
Fan width8.86%
Fast versus slow change6.56 pts
Above 0% Below 17%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Positive regime, shorter trend weakening

50% agreement

The long trend remains positive, but the 13-week horizon has turned against it.

13-week
-11.6%
26-week
-8.8%
39-week
28.8%
52-week
42.9%
Regime age51 weeks 52-week flips2 52-week boundary2129.19
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive12%
Coherent negative25%
Average horizon agreement78%
Positive horizon share53%
Weakening positives4
Repairing negatives0

8 constituents measured as of 18 Sep 2026. Median trend age is 52 weeks.

Custom stage map

Where constituents sit in the cycle

100% coverage
Stage 1 · Basing13%1 securities
Stage 2 · Advancing38%3 securities
Stage 3 · Distribution0%0 securities
Stage 4 · Declining50%4 securities
Re-acceleration watch0 Transition watch0 Relative strength leaders25% Fair Value repairs0

Measured as of 18 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.

Architecture breadth

How market energy is distributed

81/100 mean confidence
Upward expansion
12% 1
Rotation up
0% 0
Deceleration
25% 2
Balance
12% 1
Rotation down
0% 0
Downward expansion
50% 4
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 Technology

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

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

Relative index103.5
13-week trend103.8
4-week trend change-0.22%
Weekly peer rank3 of 7
1 week
3.8 pts relative
4 weeks
2.7 pts relative
13 weeks
2.1 pts relative
26 weeks
-7.7 pts relative
52 weeks
6.5 pts relative

Market internals

Participation, dispersion and path risk

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

Breadth

Participation quality

Broad
Advancing
7
Declining
1
Unchanged
0
4-week average 63%
13-week average 43%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility42.4%
Drawdown from 52-week high-25.3%
Positive weeks, last 1346%
Current directional run1 week
Turnover versus 13-week norm161%
Breadth impulse47.9 pts
Cross-section

Return distribution

8 measured
Q1 2.7% Median 4.2% Q3 8.0%
Average winner6.6%
Average loser-1.6%
Dispersion4.9 pts
Top-five upside share89%
Top-five capital share98%
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 8 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Leading edge

1 195870HAESUNG DS Co., Ltd.
14.77% 2 092220Kec Corporation
10.87% 3 281820KCTech Co., Ltd.
7.07% 4 003160D.I Corporation
4.84% 5 029460KC Co., Ltd.
3.51%

Weakest edge

8 004380Samick THK Co., Ltd.
-1.56% 7 042700HANMI Semiconductor Co., Ltd.
2.16% 6 025560Mirae Corporation
2.86% 5 029460KC Co., Ltd.
3.51% 4 003160D.I Corporation
4.84%

Constituent ledger

Industry constituents

All 8 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 195870 HAESUNG DS Co., Ltd. KSC 924.80B 57,500.00 1.85 pts
14.77%
2 092220 Kec Corporation KSC 114.59B 2,855.00 1.36 pts
10.87%
3 281820 KCTech Co., Ltd. KSC 1.42T 72,700.00 0.88 pts
7.07%
4 003160 D.I Corporation KSC 863.45B 31,400.00 0.61 pts
4.84%
5 029460 KC Co., Ltd. KSC 425.99B 41,300.00 0.44 pts
3.51%
6 025560 Mirae Corporation KSC 167.29B 6,120.00 0.36 pts
2.86%
7 042700 HANMI Semiconductor Co., Ltd. KSC 21.39T 236,000.00 0.27 pts
2.16%
8 004380 Samick THK Co., Ltd. KSC 157.53B 7,570.00 -0.20 pts
-1.56%

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

Evidence context