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: 18 September 2026
Malaysia MY Basic Materials Industry
Agricultural Inputs
For the week ending 18 September 2026, Agricultural Inputs declined 2.45% with 1 advancing, 3 declining, and 0 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.
Current architecture
Balance
Directional pressure is compressed and neither side has durable control.
39
technical evidence
Index2594.01
1 week-2.45%
Breadth25%
Members4
Country
🇲🇾 Malaysia · MY
Sector
Basic Materials
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
Balance
3 completed weeks in this state
Trend acceptance
-1.6%
Index versus Trend Line
Persistence
75%
Negative regime, shorter trend repairing
Participation
25%
1 advancing, 3 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
30
Persistence
35
Relative
18
Risk quality
90
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 25 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.
Directional pressure is compressed and neither side has durable control.
State age3 weeks
Trend gateMixed
Fan width0.80%
Fast versus slow change-0.43 pts
Above 33%
Below 17%
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
1.4%
26-week
-3.0%
39-week
-7.9%
52-week
-7.9%
Constituent trend persistence
100% coverage
Is the index move broadly durable?
25%positive
Coherent positive25%
Coherent negative25%
Average horizon agreement88%
Positive horizon share31%
Weakening positives0
Repairing negatives0
4 constituents measured as of 18 Sep 2026. Median trend age is 28 weeks.
Custom stage map
100% coverage
Where constituents sit in the cycle
50%Stage 4
Stage 1 · Basing25%1 securities
Stage 2 · Advancing25%1 securities
Stage 3 · Distribution0%0 securities
Stage 4 · Declining50%2 securities
Re-acceleration watch0
Transition watch0
Relative strength leaders25%
Fair Value repairs1
Measured as of 18 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
84/100 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 Basic Materials
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than Basic Materials. A falling line means capital has done better in the parent benchmark.
Relative index72.8
13-week trend75.0
4-week trend change-0.35%
Weekly peer rank7 of 8
1 week
-2.0 pts
relative
4 weeks
-3.6 pts
relative
13 weeks
-1.3 pts
relative
26 weeks
-9.1 pts
relative
52 weeks
-10.1 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Narrow
Participation quality
25%
advanced
- Advancing
- 1
- Declining
- 3
- Unchanged
- 0
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility12.8%
Drawdown from 52-week high-9.5%
Positive weeks, last 1338%
Current directional run1 week
Turnover versus 13-week norm190%
Breadth impulse-10.4 pts
Cross-section
4 measured
Return distribution
Q1 -3.7%
Median -1.5%
Q3 -0.3%
Average winner0.7%
Average loser-3.5%
Dispersion3.1 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?
Sentiment evidence is still developing
Qualified company-level news coverage is not yet broad enough to influence the group view.
0 qualified records across 4 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Industry constituents
All 4 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.