Week Ending: 11 September 2026

Sweden SE Basic Materials Industry

Other Precious Metals & Mining

For the week ending 11 September 2026, Other Precious Metals & Mining declined 8.32% with 0 advancing, 2 declining, and 1 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.

43 technical evidence
Index273.77 1 week-8.32% Breadth0% Members3
Country 🇸🇪 Sweden · SE
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 Unresolved 8 completed weeks in this state
Trend acceptance -7.9% Index versus Trend Line
Persistence 75% Positive regime, horizons divided
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.

Current posture Reduce exposure into strength

Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.

43 technical evidence
out of 100
Evidence balance

Five-pillar map

Reduce
Trend
41
Breadth
21
Persistence
75
Relative
26
Risk quality
63
What supports the view
  • Constituent trends show positive multi-horizon persistence.
What restrains conviction
  • Index trend architecture has not delivered a durable upward expansion.
  • Breadth remains too narrow or inconsistent for a high-conviction position.
  • The group is not yet delivering dependable relative outperformance.
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 304.01, 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 age8 weeks
Trend gateDown
Fan width2.01%
Fast versus slow change0.88 pts
Above 67% Below 17%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Positive regime, horizons divided

75% agreement

The 52-week trend is positive, although not every measured horizon confirms it.

13-week
5.7%
26-week
-12.8%
39-week
20.9%
52-week
8.8%
Regime age25 weeks 52-week flips3 52-week boundary251.60
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive33%
Coherent negative0%
Average horizon agreement75%
Positive horizon share75%
Weakening positives0
Repairing negatives1

3 constituents measured as of 11 Sep 2026. Median trend age is 26 weeks.

Custom stage map

Where constituents sit in the cycle

Stage Analysis coverage is still building.

Capital rotation

Performance relative to Basic Materials

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

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 index59.8
13-week trend60.6
4-week trend change-0.73%
Weekly peer rank7 of 7
1 week
-3.8 pts relative
4 weeks
-4.2 pts relative
13 weeks
3.4 pts relative
26 weeks
-12.7 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

Participation quality

Narrow
Advancing
0
Declining
2
Unchanged
1
4-week average 42%
13-week average 41%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility34.2%
Drawdown from 52-week high-19.2%
Positive weeks, last 1354%
Current directional run1 week
Turnover versus 13-week norm160%
Breadth impulse-44.4 pts
Cross-section

Return distribution

3 measured
Q1 -12.5% Median -2.6% Q3 -1.3%
Average winner%
Average loser-12.5%
Dispersion10.0 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?

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.

Leading edge

1 LUCLucara Diamond Corp.
0.00% 2 GSKR-SDBGoldsky Resources Corp.
-2.62% 3 GRANGXGRANGEX AB
-22.34%

Weakest edge

3 GRANGXGRANGEX AB
-22.34% 2 GSKR-SDBGoldsky Resources Corp.
-2.62% 1 LUCLucara Diamond Corp.
0.00%

Constituent ledger

Industry constituents

All 3 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 LUC Lucara Diamond Corp. STO 1.82B 1.27 0.00 pts
0.00%
2 GSKR-SDB Goldsky Resources Corp. STO 5.85B 22.30 -0.87 pts
-2.62%
3 GRANGX GRANGEX AB STO 428.54M 29.90 -7.45 pts
-22.34%

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

Evidence context