The evidence is constructive, but security selection and entry discipline still matter.
62
technical evidence
out of 100
out of 100
Week Ending: 18 September 2026
Malaysia MY Technology Industry
Computer Hardware
For the week ending 18 September 2026, Computer Hardware declined 1.18% with 0 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.
62
technical evidence
Index920.28
1 week-1.18%
Breadth0%
Members3
Country
🇲🇾 Malaysia · MY
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
Upward Expansion
10 completed weeks in this state
Trend acceptance
10.8%
Index versus Trend Line
Persistence
25%
Negative regime, shorter trend repairing
Participation
0%
0 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.
Evidence balance
Selective
Five-pillar map
Trend
82
Breadth
23
Persistence
72
Relative
63
Risk quality
78
What supports the view
- The index remains above a constructive Trend gate.
- Constituent trends show positive multi-horizon persistence.
- Relative performance is improving within its parent hierarchy.
What restrains conviction
- Breadth remains too narrow or inconsistent for a high-conviction position.
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 age10 weeks
Trend gateUp
Fan width6.85%
Fast versus slow change-0.80 pts
Above 50%
Below 0%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
25% agreement
Negative regime, shorter trend repairing
The long trend remains negative, but shorter-horizon repair is now visible.
13-week
17.6%
26-week
23.9%
39-week
12.7%
52-week
-1.6%
Constituent trend persistence
100% coverage
Is the index move broadly durable?
67%positive
Coherent positive33%
Coherent negative0%
Average horizon agreement75%
Positive horizon share67%
Weakening positives1
Repairing negatives1
3 constituents measured as of 18 Sep 2026. Median trend age is 23 weeks.
Custom stage map
100% coverage
Where constituents sit in the cycle
67%Stage 2
Stage 1 · Basing33%1 securities
Stage 2 · Advancing67%2 securities
Stage 3 · Distribution0%0 securities
Stage 4 · Declining0%0 securities
Re-acceleration watch0
Transition watch0
Relative strength leaders33%
Fair Value repairs1
Measured as of 18 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
69/100 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 Technology
Relative index
13-week relative trend
Starting level
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 index150.5
13-week trend143.9
4-week trend change3.30%
Weekly peer rank7 of 11
1 week
-0.4 pts
relative
4 weeks
-1.3 pts
relative
13 weeks
14.3 pts
relative
26 weeks
11.0 pts
relative
52 weeks
1.4 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Narrow
Participation quality
0%
advanced
- Advancing
- 0
- Declining
- 2
- Unchanged
- 1
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility29.2%
Drawdown from 52-week high-11.7%
Positive weeks, last 1369%
Current directional run1 week
Turnover versus 13-week norm86%
Breadth impulse-50.0 pts
Cross-section
3 measured
Return distribution
Q1 -1.8%
Median -1.8%
Q3 -0.9%
Average winner%
Average loser-1.8%
Dispersion0.8 pts
Top-five upside sharen/a
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 3 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Industry constituents
All 3 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.