Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.
39
technical evidence
out of 100
out of 100
Week Ending: 4 September 2026
Mexico MX Sector
Consumer Defensive
For the week ending 04 September 2026, Consumer Defensive declined 0.91% with 10 advancing, 27 declining, and 16 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.
39
technical evidence
Index1313.15
1 week-0.91%
Breadth19%
Members53
Country
🇲🇽 Mexico · MX
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
9 completed weeks in this state
Trend acceptance
-1.6%
Index versus Trend Line
Persistence
75%
Negative regime, shorter trend repairing
Participation
19%
10 advancing, 27 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
43
Breadth
23
Persistence
37
Relative
25
Risk quality
92
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 20 percentage points.
- 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 Lines, Trend Line and price acceptance remain genuinely mixed.
State age9 weeks
Trend gateDown
Fan width0.30%
Fast versus slow change0.13 pts
Above 33%
Below 33%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
75% agreement
Negative regime, shorter trend repairing
The long trend remains negative, but shorter-horizon repair is now visible.
13-week
1.1%
26-week
-5.5%
39-week
-3.4%
52-week
-5.3%
Constituent trend persistence
98% coverage
Is the index move broadly durable?
37%positive
Coherent positive13%
Coherent negative31%
Average horizon agreement81%
Positive horizon share41%
Weakening positives5
Repairing negatives13
52 constituents measured as of 4 Sep 2026. Median trend age is 24 weeks.
Custom stage map
94% coverage
Where constituents sit in the cycle
44%Stage 4
Stage 1 · Basing24%12 securities
Stage 2 · Advancing24%12 securities
Stage 3 · Distribution8%4 securities
Stage 4 · Declining44%22 securities
Re-acceleration watch0
Transition watch13
Relative strength leaders40%
Fair Value repairs10
Measured as of 4 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
74/100 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 MX Market Structure
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than MX Market Structure. A falling line means capital has done better in the parent benchmark.
Relative index74.4
13-week trend75.0
4-week trend change-0.32%
Weekly peer rank8 of 11
1 week
-0.2 pts
relative
4 weeks
-0.4 pts
relative
13 weeks
0.4 pts
relative
26 weeks
-10.8 pts
relative
52 weeks
-11.4 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Narrow
Participation quality
19%
advanced
- Advancing
- 10
- Declining
- 27
- Unchanged
- 16
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility7.5%
Drawdown from 52-week high-6.9%
Positive weeks, last 1346%
Current directional run2 weeks
Turnover versus 13-week norm456%
Breadth impulse-19.5 pts
Cross-section
53 measured
Return distribution
Q1 -2.2%
Median -0.3%
Q3 0.0%
Average winner5.2%
Average loser-3.7%
Dispersion4.9 pts
Top-five upside share79%
Top-five capital share58%
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.
2/7
positive
Above Trend Line3/743% of industries
Constructive breadth1/7At least half advancing
Median industry-0.39%3.78 pts dispersion
#1
Advancing
Education & Training Services
8.93%
Participation67%
vs Trend12.5%
vs Fair Value3.1%
Members3
#2
Transition
Grocery Stores
0.23%
Participation33%
vs Trend-4.9%
vs Fair Value-11.9%
Members3
#3
Contracting
Beverages - Brewers
-0.18%
Participation33%
vs Trend-5.8%
vs Fair Value-4.8%
Members3
#4
Narrowing
Discount Stores
-0.39%
Participation17%
vs Trend1.8%
vs Fair Value16.1%
Members6
#5
Narrowing
Household & Personal Products
-1.20%
Participation25%
vs Trend0.8%
vs Fair Value-1.9%
Members12
#6
Contracting
Packaged Foods
-2.99%
Participation9%
vs Trend-8.3%
vs Fair Value-20.3%
Members11
#7
Weakening
Beverages - Non-Alcoholic
-3.16%
Participation0%
vs Trend-4.0%
vs Fair Value5.9%
Members7
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.
3 qualified records across 53 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Sector constituents
All 53 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.