Week Ending: 11 September 2026

Sweden SE Industrials Industry

Staffing & Employment Services

For the week ending 11 September 2026, Staffing & Employment Services advanced 0.73% with 3 advancing, 5 declining, and 0 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.

Current architecture Deceleration

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

61 technical evidence
Index1406.84 1 week0.73% Breadth38% Members8
Country 🇸🇪 Sweden · SE
Sector Industrials
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 Deceleration 3 completed weeks in this state
Trend acceptance 0.9% Index versus Trend Line
Persistence 100% Positive across every horizon
Participation 38% 3 advancing, 5 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 Wait for re-acceleration

Headline strength is not yet confirmed by the current Activity Line energy and constituent trend mix.

61 technical evidence
out of 100
Evidence balance

Five-pillar map

Wait
Trend
60
Breadth
40
Persistence
55
Relative
85
Risk quality
90
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.
  • Activity Line energy is decelerating despite the positive Trend gate.
  • 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.

Index architecture Deceleration

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

State age3 weeks
Trend gateUp
Fan width1.48%
Fast versus slow change-2.69 pts
Above 17% Below 50%
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
2.9%
26-week
3.4%
39-week
5.9%
52-week
1.9%
Regime age1 weeks 52-week flips3 52-week boundary1380.85
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive38%
Coherent negative25%
Average horizon agreement91%
Positive horizon share53%
Weakening positives1
Repairing negatives1

8 constituents measured as of 11 Sep 2026. Median trend age is 44 weeks.

Custom stage map

Where constituents sit in the cycle

100% coverage
Stage 1 · Basing0%0 securities
Stage 2 · Advancing50%4 securities
Stage 3 · Distribution0%0 securities
Stage 4 · Declining50%4 securities
Re-acceleration watch0 Transition watch0 Relative strength leaders25% Fair Value repairs0

Measured as of 11 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.

Architecture breadth

How market energy is distributed

84/100 mean confidence
Upward expansion
25% 2
Rotation up
0% 0
Deceleration
25% 2
Balance
0% 0
Rotation down
0% 0
Downward expansion
50% 4
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

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

A rising relative line means this group is compounding faster than Industrials. A falling line means capital has done better in the parent benchmark.

Relative index79.6
13-week trend79.2
4-week trend change0.96%
Weekly peer rank1 of 17
1 week
2.3 pts relative
4 weeks
0.7 pts relative
13 weeks
5.7 pts relative
26 weeks
0.4 pts relative
52 weeks
8.9 pts relative

Market internals

Participation, dispersion and path risk

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

Breadth

Participation quality

Narrow
Advancing
3
Declining
5
Unchanged
0
4-week average 41%
13-week average 43%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility15.1%
Drawdown from 52-week high-5.8%
Positive weeks, last 1369%
Current directional run2 weeks
Turnover versus 13-week norm120%
Breadth impulse-6.3 pts
Cross-section

Return distribution

8 measured
Q1 -1.9% Median -1.3% Q3 1.4%
Average winner6.1%
Average loser-2.5%
Dispersion5.6 pts
Top-five upside share100%
Top-five capital share91%
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 8 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Constituent ledger

Industry constituents

All 8 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 HEGR Hedera Group AB (publ) STO 14.83M 0.434 1.78 pts
14.21%
2 PION-B PION Group AB (publ) STO 313.14M 6.50 0.40 pts
3.17%
3 EWRK Ework Group AB (publ) STO 1.00B 58.30 0.11 pts
0.87%
4 WISE Wise Group AB (publ) STO 112.19M 13.40 -0.14 pts
-1.11%
5 CALVIK Calviks AB (publ) STO 329.15M 64.20 -0.19 pts
-1.53%
6 OGUN-B Ogunsen AB (publ) STO 236.68M 22.00 -0.22 pts
-1.79%
7 VPAB-B Veteranpoolen AB ser. B STO 1.27B 61.70 -0.30 pts
-2.37%
8 DEDI Dedicare AB (publ) STO 552.57M 55.80 -0.70 pts
-5.58%

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

Evidence context