Week Ending: 28 August 2026

Turkey TR Consumer Cyclical Industry

Auto Manufacturers

For the week ending 28 August 2026, Auto Manufacturers advanced 0.04% with 2 advancing, 2 declining, and 0 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.

Current architecture Downward Expansion

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

31 technical evidence
Index18546.50 1 week0.04% Breadth50% Members4
Country 🇹🇷 Turkey · TR
Sector Consumer Cyclical
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 9 completed weeks in this state
Trend acceptance -12.3% Index versus Trend Line
Persistence 100% Negative across every horizon
Participation 50% 2 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 Defensive posture

The weight of trend, participation and relative evidence favours capital protection over new exposure.

31 technical evidence
out of 100
Evidence balance

Five-pillar map

Defensive
Trend
21
Breadth
48
Persistence
4
Relative
33
Risk quality
68
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 75 percentage points.
  • Positive contribution is concentrated in a small leadership cohort.
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 21,147.16, 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 age9 weeks
Trend gateDown
Fan width10.56%
Fast versus slow change-0.44 pts
Above 0% Below 67%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Negative across every horizon

100% agreement

The 13, 26, 39 and 52-week trends all point downward, confirming persistent contraction.

13-week
-10.1%
26-week
-19.4%
39-week
-3.5%
52-week
-17.0%
Regime age6 weeks 52-week flips1 52-week boundary22356.08
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive0%
Coherent negative75%
Average horizon agreement88%
Positive horizon share12%
Weakening positives1
Repairing negatives0

4 constituents measured as of 28 Aug 2026. Median trend age is 12 weeks.

Custom stage map

Where constituents sit in the cycle

100% coverage
Stage 1 · Basing0%0 securities
Stage 2 · Advancing0%0 securities
Stage 3 · Distribution25%1 securities
Stage 4 · Declining75%3 securities
Re-acceleration watch0 Transition watch1 Relative strength leaders0% Fair Value repairs0

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

88/100 mean confidence
Upward expansion
0% 0
Rotation up
0% 0
Deceleration
0% 0
Balance
0% 0
Rotation down
0% 0
Downward expansion
100% 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 Consumer Cyclical

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

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

Relative index63.6
13-week trend65.0
4-week trend change-2.64%
Weekly peer rank5 of 13
1 week
0.4 pts relative
4 weeks
-1.2 pts relative
13 weeks
-3.6 pts relative
26 weeks
-17.8 pts relative
52 weeks
-16.6 pts relative

Market internals

Participation, dispersion and path risk

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

Breadth

Participation quality

Balanced
Advancing
2
Declining
2
Unchanged
0
4-week average 56%
13-week average 46%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility28.1%
Drawdown from 52-week high-25.2%
Positive weeks, last 1346%
Current directional run3 weeks
Turnover versus 13-week norm171%
Breadth impulse4.2 pts
Cross-section

Return distribution

4 measured
Q1 -2.6% Median -0.6% Q3 2.0%
Average winner2.9%
Average loser-2.8%
Dispersion3.2 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.

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 4 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Leading edge

1 OTKAROtokar Otomotiv ve Savunma Sanayi A.S.
4.74% 2 ASUZUAnadolu Isuzu Otomotiv Sanayi ve Ticaret A.S.
1.08% 3 FROTOFord Otomotiv Sanayi A.S.
-2.37% 4 TOASOTofas Türk Otomobil Fabrikasi Anonim Sirketi
-3.29%

Weakest edge

4 TOASOTofas Türk Otomobil Fabrikasi Anonim Sirketi
-3.29% 3 FROTOFord Otomotiv Sanayi A.S.
-2.37% 2 ASUZUAnadolu Isuzu Otomotiv Sanayi ve Ticaret A.S.
1.08% 1 OTKAROtokar Otomotiv ve Savunma Sanayi A.S.
4.74%

Constituent ledger

Industry constituents

All 4 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 OTKAR Otokar Otomotiv ve Savunma Sanayi A.S. IST 37.65B 331.50 1.18 pts
4.74%
2 ASUZU Anadolu Isuzu Otomotiv Sanayi ve Ticaret A.S. IST 11.84B 48.82 0.27 pts
1.08%
3 FROTO Ford Otomotiv Sanayi A.S. IST 267.57B 78.30 -0.59 pts
-2.37%
4 TOASO Tofas Türk Otomobil Fabrikasi Anonim Sirketi IST 130.25B 272.00 -0.82 pts
-3.29%

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

Evidence context