๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands ยท Industry Week Ending: 2 October 2026

Staffing & Employment Services

For the week ending 02 October 2026, Staffing & Employment Services declined 3.73% with 0 advancing, 3 declining, and 0 unchanged constituents.

Index level
1,490.03
Index points ยท base 1,000
Weekly return
-3.73%
Measured companies
3
3 in the index universe
Weekly breadth
0 up / 3 down
0 unchanged
Weekly peer rank
4 of 4
Universe country-listed ยท Equity onlyPrice basis Adjusted weekly closeConstruction Capped equal-weight returns ยท Weekly rebuild
Explore Industrials โ†’

156 completed weeks

Staffing & Employment Services price and trend

Current architecture Deceleration 2 completed weeks in this state
Trend acceptance 7.5% Index versus Trend Line
Persistence 100% Positive across every horizon
Participation 0% 0 advancing, 3 declining
Index Value Trend Line Fair Value Activity Lines Constructive Transition Defensive

Weekly index closes and the Trend Line. Dashed grey shows the latest Fair Value reference; it is not a historical forecast. Enable the other overlays for more detail.

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.

58 technical evidence
out of 100
Evidence balance

Five-pillar map

Wait
Trend
76
Breadth
26
Persistence
64
Relative
50
Risk quality
88
What supports the view
  • The index remains above a constructive Trend gate.
  • Constituent trends show positive multi-horizon persistence.
What restrains conviction
  • Breadth remains too narrow or inconsistent for a high-conviction position.
  • The group is not yet delivering dependable relative outperformance.
  • Activity Line energy is decelerating despite the positive Trend gate.

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 Deceleration

The positive Trend gate remains, but fan energy or fast-line momentum is cooling.

State age2 weeks
Trend gateUp
Fan width6.26%
Fast versus slow change-4.79 pts
Above 33% Below 0%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Positive across every horizon

100% agreement

The 13, 26, 39 and 52-week trends all point upward, giving the advance broad horizon agreement.

13-week
10.5%
26-week
27.6%
39-week
11.3%
52-week
5.4%
Regime age11 weeks 52-week flips6 52-week boundary1413.06
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive33%
Coherent negative0%
Average horizon agreement58%
Positive horizon share75%
Weakening positives0
Repairing negatives1

3 constituents measured as of 2 Oct 2026. Median trend age is 46 weeks.

Custom stage map

Where constituents sit in the cycle

100% coverage
Stage 1 ยท Basing33%1 securities
Stage 2 ยท Advancing67%2 securities
Stage 3 ยท Distribution0%0 securities
Stage 4 ยท Declining0%0 securities
Re-acceleration watch0 Transition watch0 Relative strength leaders33% Fair Value repairs1

Measured as of 2 Oct 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.

Architecture breadth

How market energy is distributed

73/100 mean confidence
Upward expansion
67% 2
Rotation up
0% 0
Deceleration
33% 1
Balance
0% 0
Rotation down
0% 0
Downward expansion
0% 0
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 Industrials

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

The relative index starts at 100. Above 100 means this group has outperformed Industrials since the first plotted date; below 100 means it has lagged. A rising line can show relative improvement even when both markets are falling.

Relative index85.3
13-week trend85.4
4-week trend change4.51%
Weekly peer rank4 of 4
1 week
-2.5 pts relative
4 weeks
-4.3 pts relative
13 weeks
12.4 pts relative
26 weeks
22.2 pts relative
52 weeks
6.1 pts relative

Market internals

Participation, dispersion and path risk

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

Breadth

Participation quality

Narrow
Advancing
0
Declining
3
Unchanged
0
4-week average 17%
13-week average 51%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility18.8%
Drawdown from 52-week high-8.8%
Positive weeks, last 1362%
Current directional run1 week
Turnover versus 13-week norm223%
Breadth impulse-55.6 pts
Cross-section

Return distribution

3 measured

Weekly returns across measured companies. Bars are scaled to the largest group; percentages show each groupโ€™s share.

Q1 -3.9% Median -3.7% Q3 -3.6%
Average winner%
Average loser-3.7%
Dispersion0.3 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 price change

Index price change over 30 weeks, or the available history if shorter. Green above zero; red below.

Breadth cycle

Net participation

Advancers less decliners as a percentage of measured constituents.

Within the same sector

Where are returns broadly supported?

Compare the weekly result with the share of companies advancing.

โ†‘ Companies advancing ยท 50% marks half of measured companies

Mixed beneath declinesBroad gainsBroad declinesNarrow gains 1234

โˆ’3.7%Weekly index return ยท zero at centre+3.7%

Compare return with participationHover or focus a marker for the full reading. Select it to open the report.

Markers show weekly return rank. Hover or focus for the name. Fine lines connect separated markers to their actual positions. Up, down and unchanged companies all count in participation.

Rank / IndustryWeekly returnAdvancing shareUp / downCompaniesWeek ending
1Engineering & ConstructionIndustrials0.91%67%2 / 132 Oct 2026
2Specialty Business ServicesIndustrials-0.18%33%1 / 132 Oct 2026
3Integrated Freight & LogisticsIndustrials-0.81%33%1 / 232 Oct 2026
4Staffing & Employment ServicesIndustrials-3.73%0%0 / 332 Oct 2026

Netherlands ยท Weekly return relationships

Which markets move together?

Compare sectors and industries within Netherlands over the same 52-week window. Strong positive relationships can mean that apparently different holdings share the same risk.

Sectors ยท average pair correlation0.30

Closest: Industrials and Financial Services (0.67; 52 weeks).

10 indexes ยท 45 qualifying pairs
Industries ยท average pair correlation0.24

Closest: Specialty Chemicals and Engineering & Construction (0.55; 52 weeks).

11 indexes ยท 55 qualifying pairs

Pearson correlation of weekly percentage returns through 2 Oct 2026: +1 means moving together, 0 little linear relationship, โˆ’1 moving in opposite directions. Requires 39 matching observations for the 52-week comparison and 10 for the recent 13 weeks. Missing weeks are excluded, not filled with zero. Constant series have no defined correlation. These are local-currency, capped equal-weight indexes; sectors and their component industries overlap. A lower correlation does not establish a hedge.

Sector correlations compare broad business groups. Industry correlations reveal closer links within and across sectors. The selectors retain all qualified groups; the matrix shows the ten largest by company coverage.

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 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
1 BRNL Brunel International N.V. AMS 368.44M 7.00 -1.15 pts
-3.45%
2 RAND Randstad N.V. AMS 6.46B 34.61 -1.22 pts
-3.67%
3 MORE Morefield Group N.V. AMS 59.52M 0.94 -1.36 pts
-4.08%

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

Evidence context