Week Ending: 28 August 2026

Turkey TR Sector

Consumer Cyclical

For the week ending 28 August 2026, Consumer Cyclical declined 0.33% with 44 advancing, 56 declining, and 0 unchanged constituents. The index is equal weighted and built from country-listed equities.

Current architecture Downward Expansion

The activity fan is bearishly ordered below the Trend Line with price accepted beneath it.

38 technical evidence
Index19389.14 1 week-0.33% Breadth44% Members100
Country 🇹🇷 Turkey · TR
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 Downward Expansion 2 completed weeks in this state
Trend acceptance -4.0% Index versus Trend Line
Persistence 75% Negative regime, horizons divided
Participation 44% 44 advancing, 56 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.

38 technical evidence
out of 100
Evidence balance

Five-pillar map

Reduce
Trend
38
Breadth
43
Persistence
25
Relative
16
Risk quality
83
What supports the view
  • No major confirming factor has secured control.
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.
  • The group is not yet delivering dependable relative outperformance.
  • Stage 4 declining constituents exceed Stage 2 advancing constituents by 53 percentage points.
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 20,195.50, 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 Downward Expansion

The activity fan is bearishly ordered below the Trend Line with price accepted beneath it.

State age2 weeks
Trend gateDown
Fan width3.92%
Fast versus slow change-0.59 pts
Above 0% Below 67%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Negative regime, horizons divided

75% agreement

The 52-week trend is negative, while shorter horizons remain mixed.

13-week
-6.5%
26-week
-1.6%
39-week
7.1%
52-week
-0.5%
Regime age2 weeks 52-week flips1 52-week boundary19478.34
Constituent trend persistence

Is the index move broadly durable?

97% coverage
Coherent positive10%
Coherent negative47%
Average horizon agreement85%
Positive horizon share30%
Weakening positives13
Repairing negatives7

97 constituents measured as of 28 Aug 2026. Median trend age is 10 weeks.

Custom stage map

Where constituents sit in the cycle

97% coverage
Stage 1 · Basing7%7 securities
Stage 2 · Advancing14%14 securities
Stage 3 · Distribution11%11 securities
Stage 4 · Declining67%65 securities
Re-acceleration watch0 Transition watch7 Relative strength leaders7% Fair Value repairs1

Measured as of 28 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.

Architecture breadth

How market energy is distributed

81/100 mean confidence
Upward expansion
9% 9
Rotation up
4% 4
Deceleration
7% 7
Balance
8% 8
Rotation down
7% 7
Downward expansion
64% 62
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 TR Market Structure

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

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

Relative index82.2
13-week trend84.5
4-week trend change-0.95%
Weekly peer rank9 of 11
1 week
-1.0 pts relative
4 weeks
-2.2 pts relative
13 weeks
-3.8 pts relative
26 weeks
-9.6 pts relative
52 weeks
-14.6 pts relative

Market internals

Participation, dispersion and path risk

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

Breadth

Participation quality

Narrow
Advancing
44
Declining
56
Unchanged
0
4-week average 49%
13-week average 40%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility20.4%
Drawdown from 52-week high-11.3%
Positive weeks, last 1338%
Current directional run2 weeks
Turnover versus 13-week norm176%
Breadth impulse4.5 pts
Cross-section

Return distribution

100 measured
Q1 -3.3% Median -0.4% Q3 2.0%
Average winner3.6%
Average loser-3.4%
Dispersion4.5 pts
Top-five upside share32%
Top-five capital share48%
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.

5/13 positive
Above Trend Line5/1338% of industries
Constructive breadth6/13At least half advancing
Median industry-0.18%2.62 pts dispersion
#1 Repairing

Lodging

5.44%
Participation80% vs Trend-12.8% vs Fair Value-4.5% Members5
#2 Repairing

Resorts & Casinos

3.24%
Participation100% vs Trend-11.9% vs Fair Value-5.5% Members3
#3 Advancing

Travel Services

2.98%
Participation75% vs Trend0.3% vs Fair Value20.6% Members4
#4 Advancing

Specialty Retail

2.79%
Participation50% vs Trend4.6% vs Fair Value14.1% Members4
#5 Repairing

Auto Manufacturers

0.04%
Participation50% vs Trend-12.3% vs Fair Value-7.2% Members4
#6 Weakening

Furnishings, Fixtures & Appliances

-0.17%
Participation57% vs Trend-9.0% vs Fair Value-10.8% Members14
#7 Narrowing

Apparel Manufacturing

-0.18%
Participation38% vs Trend5.6% vs Fair Value25.6% Members8
#8 Narrowing

Textile Manufacturing

-0.79%
Participation39% vs Trend0.5% vs Fair Value34.3% Members23
#9 Contracting

Auto Parts

-1.65%
Participation20% vs Trend-10.9% vs Fair Value-2.0% Members10
#10 Weakening

Department Stores

-2.22%
Participation0% vs Trend-5.7% vs Fair Value6.9% Members3
#11 Weakening

Packaging & Containers

-2.50%
Participation36% vs Trend-6.2% vs Fair Value29.5% Members11
#12 Narrowing

Restaurants

-2.84%
Participation25% vs Trend1.2% vs Fair Value27.0% Members4
#13 Weakening

Footwear & Accessories

-3.15%
Participation33% vs Trend-6.9% vs Fair Value0.9% Members3

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 100 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Leading edge

1 MARTIMarti Otel Isletmeleri A.S.
11.51% 2 GIPTAGipta Ofis Kirtasiye ve Promosyon Ürünleri Imalat Sanayi A.S.
10.36% 3 ARTMSARTEMIS HALI
10.24% 4 MAALTMarmaris Altinyunus Turistik Tesisler A.S.
9.13% 5 MNDRSMenderes Tekstil Sanayi ve Ticaret Anonim Sirketi
8.38%

Weakest edge

100 BARMABarem Ambalaj Sanayi ve Ticaret Anonim Sirketi
-13.34% 99 ATEKSAkin Tekstil Anonim Sirketi
-10.36% 98 BRMENBirlik Mensucat Ticaret ve Sanayi Isletmesi A.S.
-9.91% 97 RUBNSRubenis Tekstil Sanayi Ticaret A.S.
-7.08% 96 SAFKRSafkar Ege Sogutmacilik Klima Soguk Hava Tesisleri Ihracat Ithalat Sanayi ve Ticaret Anonim Sirketi
-6.95%

Constituent ledger

Sector constituents

All 100 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 MARTI Marti Otel Isletmeleri A.S. IST 2.94B 1.55 0.12 pts
11.51%
2 GIPTA Gipta Ofis Kirtasiye ve Promosyon Ürünleri Imalat Sanayi A.S. IST 9.32B 94.25 0.10 pts
10.36%
3 ARTMS ARTEMIS HALI IST 2.86B 40.68 0.10 pts
10.24%
4 MAALT Marmaris Altinyunus Turistik Tesisler A.S. IST 8.71B 1,100.00 0.09 pts
9.13%
5 MNDRS Menderes Tekstil Sanayi ve Ticaret Anonim Sirketi IST 3.16B 12.16 0.08 pts
8.38%
6 BLCYT Bilici Yatirim Sanayi ve Ticaret A.S. IST 2.06B 22.62 0.08 pts
8.33%
7 TEKTU Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar Anonim Sirketi IST 2.38B 7.94 0.08 pts
7.59%
8 ENSRI Ensari Sinai Yatirimlar Anonim Sirketi IST 2.70B 5.53 0.08 pts
7.59%
9 AYCES Altin Yunus Çesme Turistik Tesisler A.S. IST 11.23B 476.00 0.07 pts
6.91%
10 FLAP Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm A.S. IST 1.63M 10.86 0.06 pts
5.95%
11 DAGI Dagi Giyim Sanayi ve Ticaret A.S. IST 3.97B 11.03 0.06 pts
5.65%
12 BRKO Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi A.S. IST 1.71B 12.10 0.05 pts
4.76%
13 OTKAR Otokar Otomotiv ve Savunma Sanayi A.S. IST 37.65B 331.50 0.05 pts
4.74%
14 ATATR Ata Turizm Isletmecilik Tasimacilik Madencilik Kuyumculuk Sanayi Ve Dis Ticaret Anonim Sirketi IST 10.69B 15.95 0.05 pts
4.66%
15 IEYHO Isiklar Enerji ve Yapi Holding A.S. IST 114.43B 195.10 0.05 pts
4.61%
16 RODRG Rodrigo Tekstil Sanayi ve Ticaret A.S. IST 775.95M 24.86 0.05 pts
4.54%
17 DOFRB DOF ROBOTIK IST 19.05B 140.40 0.04 pts
4.08%
18 EBEBK Ebebek Magazacilik Anonim Sirketi IST 13.04B 84.60 0.04 pts
3.55%
19 KSTUR Kustur Kusadasi Turizm Endüstrisi A.S. IST 9.76B 2,450.00 0.03 pts
3.38%
20 BIGCH Büyük Sefler Gida Turizm Tekstil Danismanlik Organizasyon Egitim Sanayi Ve Ticaret A.S. IST 2.95B 6.34 0.03 pts
3.26%
21 PKENT Petrokent Turizm A.S. IST 102.77B 130.50 0.03 pts
2.68%
22 SASA Sasa Polyester Sanayi A.S. IST 119.18B 2.38 0.03 pts
2.59%
23 SNICA Sanica Isi Sanayi A.S. IST 1.87B 3.37 0.02 pts
2.12%
24 IHEVA Ihlas Ev Aletleri Imalat Sanayi ve Ticaret A.S. IST 690.49M 2.03 0.02 pts
2.01%
25 KAPLM Kaplamin Ambalaj Sanayi ve Ticaret A.S. IST 7.86B 427.75 0.02 pts
1.97%
26 DITAS Ditas Dogan Yedek Parça Imalat ve Teknik A.S. IST 3.91B 24.96 0.02 pts
1.96%
27 DURDO Duran Dogan Basim ve Ambalaj Sanayi A.S. IST 2.55B 5.07 0.02 pts
1.81%
28 ISSEN Isbir Sentetik Dokuma Sanayi A.S. IST 3.00B 7.00 0.02 pts
1.60%
29 KLSYN Koleksiyon Mobilya Sanayi A.S. IST 6.87B 15.91 0.01 pts
1.47%
30 GZNMI Gezinomi Seyahat Turizm Ticaret Anonim Sirketi IST 3.51B 60.15 0.01 pts
1.35%
31 VESTL Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi IST 8.36B 22.28 0.01 pts
1.27%
32 SUWEN Suwen Tekstil Sanayi Pazarlama A.S. IST 2.69B 6.41 0.01 pts
1.26%
33 ASUZU Anadolu Isuzu Otomotiv Sanayi ve Ticaret A.S. IST 11.84B 48.82 0.01 pts
1.08%
34 ARCLK Arçelik Anonim Sirketi IST 60.98B 93.10 0.01 pts
0.65%
35 MNDTR Mondi Tire Kutsan Kagit ve Ambalaj Sanayi A.S. IST 5.27B 5.07 0.01 pts
0.60%
36 GENTS Gentas Dekoratif Yuzeyler Sanayi ve Ticaret A.S. IST 3.75B 5.29 0.01 pts
0.57%
37 BFREN Bosch Fren Sistemleri Sanayi ve Ticaret A.S. IST 15.45B 131.00 0.01 pts
0.54%
38 SANKO Sanko Pazarlama Ithalat Ihracat Anonim Sirketi IST 2.85B 18.87 0.00 pts
0.48%
39 BOSSA Bossa Ticaret ve Sanayi Isletmeleri T.A.S. IST 8.02B 6.57 0.00 pts
0.46%
40 BAYRK Bayrak EBT Taban Sanayi ve Ticaret Anonim Sirketi IST 1.05B 4.40 0.00 pts
0.46%
41 MAVI Mavi Giyim Sanayi ve Ticaret A.S. IST 28.77B 38.20 0.00 pts
0.26%
42 VESBE Vestel Beyaz Esya Sanayi ve Ticaret A.S. IST 8.98B 5.30 0.00 pts
0.19%
43 MERIT Merit Turizm Yatirim ve Isletme Anonim Sirketi IST 5.23B 15.85 0.00 pts
0.13%
44 KUTPO Kütahya Porselen Sanayi Anonim Sirketi IST 3.14B 80.90 0.00 pts
0.12%
45 NTHOL Net Holding A.S. IST 19.57B 44.28 0.00 pts
-0.05%
46 SNPAM Sönmez Pamuklu Sanayii A.S. IST 15.15B 20.24 0.00 pts
-0.20%
47 VAKKO Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri A.S. IST 10.44B 67.60 0.00 pts
-0.22%
48 JANTS Jantsa Jant Sanayi ve Ticaret A.S. IST 10.65B 15.79 0.00 pts
-0.38%
49 GOODY Goodyear Lastikleri T.A.S. IST 4.04B 2.62 0.00 pts
-0.38%
50 ATSYH Atlantis Yatirim Holding A.S. IST 960.00M 120.00 0.00 pts
-0.41%
51 SILVR Silverline Endustri ve Ticaret A.S. IST 766.50M 2.24 0.00 pts
-0.44%
52 BNTAS Bantas Bandirma Ambalaj Sanayi ve Ticaret A.S. IST 1.49B 6.41 -0.01 pts
-0.62%
53 INTEM Intema Insaat ve Tesisat Malzemeleri Yatirim ve Pazarlama A.S. IST 4.63B 260.75 -0.01 pts
-0.86%
54 YATAS Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S. IST 4.37B 31.44 -0.01 pts
-0.95%
55 BIZIM Bizim Toptan Satis Magazalari A.S. IST 1.95B 24.68 -0.01 pts
-1.04%
56 AKSA Aksa Akrilik Kimya Sanayii A.S. IST 41.61B 11.03 -0.01 pts
-1.08%
57 CASA Casa Emtia Petrol Kimyevi ve Turevleri San. Tic. A.S. IST 354.51M 68.00 -0.01 pts
-1.16%
58 ISBIR Isbir Holding A.S. IST 2.39B 74.10 -0.01 pts
-1.20%
59 BRISA Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. IST 23.34B 78.55 -0.01 pts
-1.26%
60 EGEEN Ege Endüstri ve Ticaret A.S. IST 15.34B 5,127.50 -0.01 pts
-1.30%
61 TKNSA Teknosa Iç ve Dis Ticaret Anonim Sirketi IST 3.38B 19.00 -0.02 pts
-1.61%
62 LUKSK Lüks Kadife Ticaret ve Sanayi A.S. IST 2.33B 85.25 -0.02 pts
-1.67%
63 PARSN Parsan Makina Parçalari Sanayii A.S. IST 6.08B 72.30 -0.02 pts
-1.77%
64 DOAS Dogus Otomotiv Servis ve Ticaret A.S. IST 35.57B 166.70 -0.02 pts
-1.83%
65 KOTON KOTON MAGAZACILIK IST 10.22B 12.90 -0.02 pts
-2.12%
66 SOKM Sok Marketler Ticaret A.S. IST 34.23B 57.65 -0.02 pts
-2.29%
67 BALAT Balatacilar Balatacilik Sanayi Ve Ticaret A.S. IST 1.90B 69.35 -0.02 pts
-2.32%
68 FROTO Ford Otomotiv Sanayi A.S. IST 267.57B 78.30 -0.02 pts
-2.37%
69 YUNSA Yünsa Yünlü Sanayi ve Ticaret A.S. IST 3.57B 8.34 -0.03 pts
-2.57%
70 SSAAT SAAT VE SAAT SANAYI IST 26.60B 37.26 -0.03 pts
-2.61%
71 YONGA Yonga Mobilya Sanayi ve Ticaret A.S. IST 754.32M 45.70 -0.03 pts
-2.68%
72 BAKAB Bak Ambalaj Sanayi ve Ticaret A.S. IST 2.86B 39.94 -0.03 pts
-2.78%
73 KRTEK Karsu Tekstil Sanayii ve Ticaret A.S. IST 702.34M 5.34 -0.03 pts
-3.09%
74 DESA Desa Deri Sanayi ve Ticaret A.S. IST 4.70B 10.25 -0.03 pts
-3.12%
75 TOASO Tofas Türk Otomobil Fabrikasi Anonim Sirketi IST 130.25B 272.00 -0.03 pts
-3.29%
76 KIMMR Ersan Alisveris Hizmetleri ve Gida Sanayi Ticaret A.S. IST 3.18B 13.65 -0.03 pts
-3.33%
77 OZRDN Özerden Ambalaj Sanayi A.S. IST 2.19B 27.70 -0.03 pts
-3.42%
78 EMNIS Eminis Ambalaj Sanayi ve Ticaret A.S. IST 929.38M 153.90 -0.04 pts
-3.51%
79 DIRIT Diriteks Dirilis Tekstil Sanayi ve Ticaret A.S. IST 283.29M 26.00 -0.04 pts
-3.63%
80 TABGD TAB GIDA IST 60.78B 247.70 -0.04 pts
-3.90%
81 SKTAS Söktas Tekstil Sanayi Ve Ticaret A.S. IST 1.65B 3.18 -0.04 pts
-3.93%
82 DERHL Derluks Yatirim Holding Anonim Sirketi IST 2.05B 2.17 -0.04 pts
-3.98%
83 BYDNR Baydoner Restoranlari A.S. IST 3.21B 37.94 -0.04 pts
-4.10%
84 SEKUR Sekuro Plastik Ambalaj Sanayi A.S. IST 2.00B 10.05 -0.04 pts
-4.29%
85 ULAS Ulaslar Turizm Enerji Tarim Gida ve Insaat Yatirimlari A.S. IST 552.82M 21.32 -0.04 pts
-4.39%
86 FMIZP Federal-Mogul Izmit Piston Ve Pim Üretim Tesisleri A.S. IST 4.13B 297.50 -0.05 pts
-4.65%
87 DGNMO Doganlar Mobilya Grubu Imalat Sanayi ve Ticaret Anonim Sirketi IST 2.61B 8.10 -0.05 pts
-4.71%
88 KORDS Kordsa Teknik Tekstil A.S. IST 16.20B 88.15 -0.05 pts
-4.86%
89 SONME Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S. IST 10.21B 138.40 -0.05 pts
-5.14%
90 KERVN Kervansaray Yatirim Holding A.S. IST 5.19B 10.50 -0.05 pts
-5.41%
91 KARTN Kartonsan Karton Sanayi ve Ticaret A.S. IST 11.50B 161.40 -0.06 pts
-5.50%
92 SUNTK Sun Tekstil Sanayi ve Ticaret A.S. IST 15.62B 36.22 -0.06 pts
-6.17%
93 ETILR Etiler Gida Ve Ticari Yatirimlar Sanayi Ve Ticaret Anonim Sirketi IST 1.34B 5.77 -0.07 pts
-6.63%
94 HATEK Hateks Hatay Tekstil Isletmeleri A.S. IST 836.01M 13.17 -0.07 pts
-6.66%
95 DERIM Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret A.S. IST 1.93B 37.04 -0.07 pts
-6.79%
96 SAFKR Safkar Ege Sogutmacilik Klima Soguk Hava Tesisleri Ihracat Ithalat Sanayi ve Ticaret Anonim Sirketi IST 3.37B 18.33 -0.07 pts
-6.95%
97 RUBNS Rubenis Tekstil Sanayi Ticaret A.S. IST 2.60B 32.80 -0.07 pts
-7.08%
98 BRMEN Birlik Mensucat Ticaret ve Sanayi Isletmesi A.S. IST 1.16B 14.09 -0.10 pts
-9.91%
99 ATEKS Akin Tekstil Anonim Sirketi IST 2.39B 98.60 -0.10 pts
-10.36%
100 BARMA Barem Ambalaj Sanayi ve Ticaret Anonim Sirketi IST 2.13B 9.03 -0.13 pts
-13.34%

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

Evidence context