The evidence is constructive, but security selection and entry discipline still matter.
66
technical evidence
out of 100
out of 100
Week Ending: 11 September 2026
Sweden SE Sector
Energy
For the week ending 11 September 2026, Energy advanced 0.24% with 3 advancing, 2 declining, and 0 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.
66
technical evidence
Index909.66
1 week0.24%
Breadth60%
Members5
Country
🇸🇪 Sweden · SE
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
7 completed weeks in this state
Trend acceptance
-5.9%
Index versus Trend Line
Persistence
75%
Positive regime, horizons divided
Participation
60%
3 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
44
Breadth
68
Persistence
94
Relative
69
Risk quality
62
What supports the view
- Participation is broad enough to support the index move.
- Constituent trends show positive multi-horizon persistence.
- Relative performance is improving within its parent hierarchy.
What restrains conviction
- Index trend architecture has not delivered a durable upward expansion.
- The index is extended well above current Fair Value, increasing chase risk.
- 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 age7 weeks
Trend gateDown
Fan width4.03%
Fast versus slow change5.98 pts
Above 17%
Below 0%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
75% agreement
Positive regime, horizons divided
The 52-week trend is positive, although not every measured horizon confirms it.
13-week
2.9%
26-week
-23.1%
39-week
12.8%
52-week
14.8%
Constituent trend persistence
80% coverage
Is the index move broadly durable?
100%positive
Coherent positive50%
Coherent negative0%
Average horizon agreement81%
Positive horizon share81%
Weakening positives1
Repairing negatives0
4 constituents measured as of 11 Sep 2026. Median trend age is 24 weeks.
Custom stage map
60% coverage
Where constituents sit in the cycle
33%Stage 1
Stage 1 · Basing33%1 securities
Stage 2 · Advancing33%1 securities
Stage 3 · Distribution0%0 securities
Stage 4 · Declining33%1 securities
Re-acceleration watch0
Transition watch1
Relative strength leaders0%
Fair Value repairs1
Measured as of 11 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
77/100 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 SE Market Structure
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than SE Market Structure. A falling line means capital has done better in the parent benchmark.
Relative index172.6
13-week trend159.3
4-week trend change0.51%
Weekly peer rank3 of 11
1 week
2.0 pts
relative
4 weeks
8.6 pts
relative
13 weeks
5.7 pts
relative
26 weeks
-24.9 pts
relative
52 weeks
25.3 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Broad
Participation quality
60%
advanced
- Advancing
- 3
- Declining
- 2
- Unchanged
- 0
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility31.7%
Drawdown from 52-week high-27.6%
Positive weeks, last 1369%
Current directional run4 weeks
Turnover versus 13-week norm130%
Breadth impulse15.8 pts
Cross-section
5 measured
Return distribution
Q1 -0.4%
Median 2.8%
Q3 4.3%
Average winner4.1%
Average loser-5.5%
Dispersion5.7 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.
Industry map
Where sector leadership is forming
Performance, breadth and trend acceptance across every qualified industry.
1/1
positive
Above Trend Line0/10% of industries
Constructive breadth1/1At least half advancing
Median industry0.24%0.00 pts dispersion
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 5 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Sector constituents
All 5 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.