๐Ÿ‡ธ๐Ÿ‡ฌ Singapore ยท Industry Week Ending: 9 October 2026

Consulting Services

For the week ending 09 October 2026, Consulting Services advanced 1.32% with 2 advancing, 0 declining, and 1 unchanged constituents.

Index level
873.44
Index points ยท base 1,000
Weekly return
1.32%
Measured companies
3
3 in the index universe
Weekly breadth
2 up / 0 down
1 unchanged
Weekly peer rank
2 of 15
Universe country-listed ยท Equity onlyPrice basis Adjusted weekly closeConstruction Capped equal-weight returns ยท Weekly rebuild
Explore Industrials โ†’

156 completed weeks

Consulting Services price and trend

Current architecture Unresolved 6 completed weeks in this state
Trend acceptance -5.7% Index versus Trend Line
Persistence 75% Negative regime, shorter trend repairing
Participation 67% 2 advancing, 0 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 Reduce exposure into strength

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

46 technical evidence
out of 100
Evidence balance

Five-pillar map

Reduce
Trend
37
Breadth
45
Persistence
36
Relative
66
Risk quality
68
What supports the view
  • Relative performance is improving within its parent hierarchy.
What restrains conviction
  • Index trend architecture has not delivered a durable upward expansion.
  • Breadth remains too narrow or inconsistent for a high-conviction position.
  • Constituent persistence remains divided or predominantly negative.
  • Stage 4 declining constituents exceed Stage 2 advancing constituents by 33 percentage points.
  • 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 Unresolved

The Activity Lines, Trend Line and price acceptance remain genuinely mixed.

State age6 weeks
Trend gateDown
Fan width2.34%
Fast versus slow change2.63 pts
Above 17% Below 67%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Negative regime, shorter trend repairing

75% agreement

The long trend remains negative, but shorter-horizon repair is now visible.

13-week
0.3%
26-week
-13.1%
39-week
-7.7%
52-week
-10.3%
Regime age16 weeks 52-week flips3 52-week boundary974.07
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive0%
Coherent negative0%
Average horizon agreement75%
Positive horizon share25%
Weakening positives1
Repairing negatives1

3 constituents measured as of 2 Oct 2026. Median trend age is 25 weeks.

Custom stage map

Where constituents sit in the cycle

100% coverage
Stage 1 ยท Basing33%1 securities
Stage 2 ยท Advancing0%0 securities
Stage 3 ยท Distribution33%1 securities
Stage 4 ยท Declining33%1 securities
Re-acceleration watch0 Transition watch1 Relative strength leaders0% Fair Value repairs0

Measured as of 9 Oct 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.

Architecture breadth

How market energy is distributed

80/100 mean confidence
Upward expansion
0% 0
Rotation up
0% 0
Deceleration
0% 0
Balance
33% 1
Rotation down
0% 0
Downward expansion
67% 2
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

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 index60.6
13-week trend58.0
4-week trend change0.98%
Weekly peer rank2 of 15
1 week
3.4 pts relative
4 weeks
5.7 pts relative
13 weeks
7.1 pts relative
26 weeks
-4.2 pts relative
52 weeks
-10.4 pts relative

Market internals

Participation, dispersion and path risk

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

Breadth

Participation quality

Broad
Advancing
2
Declining
0
Unchanged
1
4-week average 42%
13-week average 23%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility40.1%
Drawdown from 52-week high-15.0%
Positive weeks, last 1354%
Current directional run1 week
Turnover versus 13-week norm136%
Breadth impulse47.2 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 1.0% Median 1.9% Q3 2.0%
Average winner2.0%
Average loser%
Dispersion0.9 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 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 123456789101112131415

โˆ’7.6%Weekly index return ยท zero at centre+7.6%

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
1Industrial DistributionIndustrials1.90%25%1 / 049 Oct 2026
2Consulting ServicesIndustrials1.32%67%2 / 039 Oct 2026
3Aerospace & DefenseIndustrials0.65%56%5 / 399 Oct 2026
4Rental & Leasing ServicesIndustrials-0.51%20%1 / 359 Oct 2026
5ConglomeratesIndustrials-0.82%25%2 / 589 Oct 2026
6Airports & Air ServicesIndustrials-1.11%0%0 / 239 Oct 2026
7Electrical Equipment & PartsIndustrials-1.26%40%2 / 359 Oct 2026
8Specialty Industrial MachineryIndustrials-1.38%38%3 / 489 Oct 2026
9Building Products & EquipmentIndustrials-1.83%0%0 / 239 Oct 2026
10Marine ShippingIndustrials-1.90%8%1 / 7129 Oct 2026
11Integrated Freight & LogisticsIndustrials-2.10%25%2 / 589 Oct 2026
12Engineering & ConstructionIndustrials-2.70%18%6 / 22349 Oct 2026
13Metal FabricationIndustrials-5.73%20%1 / 259 Oct 2026
14Waste ManagementIndustrials-5.73%17%1 / 369 Oct 2026
15Specialty Business ServicesIndustrials-7.59%14%1 / 479 Oct 2026

Singapore ยท Weekly return relationships

Which markets move together?

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

Sectors ยท average pair correlation0.47

Closest: Industrials and Technology (0.81; 52 weeks).

11 indexes ยท 55 qualifying pairs
Industries ยท average pair correlation0.18

Closest: Real Estate - Development and Real Estate Services (0.72; 52 weeks).

72 indexes ยท 2556 qualifying pairs

Pearson correlation of weekly percentage returns through 9 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 1AZ Audience Analytics Limited SES 56.06M 0.25 0.68 pts
2.04%
2 5MZ Kingsmen Creatives Ltd. SES 105.99M 0.53 0.64 pts
1.92%
3 43E VCPlus Limited SES 12.04M 0.002 0.00 pts
0.00%

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

Evidence context