Week Ending: 28 August 2026

Turkey TR Sector

Industrials

For the week ending 28 August 2026, Industrials advanced 1.14% with 64 advancing, 52 declining, and 3 unchanged constituents. The index is equal weighted and built from country-listed equities.

Current architecture Deceleration

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

59 technical evidence
Index26421.16 1 week1.14% Breadth54% Members119
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 Deceleration 12 completed weeks in this state
Trend acceptance 2.5% Index versus Trend Line
Persistence 75% Positive regime, shorter trend weakening
Participation 54% 64 advancing, 52 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 Hold and wait for confirmation

The evidence is balanced enough to avoid a defensive call, but not aligned enough for aggressive positioning.

59 technical evidence
out of 100
Evidence balance

Five-pillar map

Wait
Trend
67
Breadth
55
Persistence
46
Relative
55
Risk quality
81
What supports the view
  • The index remains above a constructive Trend gate.
  • Participation is broad enough to support the index move.
What restrains conviction
  • Constituent persistence remains divided or predominantly negative.
  • The group is not yet delivering dependable relative outperformance.
  • Activity Line energy is decelerating despite the positive Trend gate.
  • Stage 4 declining constituents exceed Stage 2 advancing constituents by 20 percentage points.
  • The index is extended well above current Fair Value, increasing chase risk.
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 25,785.54, 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 Deceleration

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

State age12 weeks
Trend gateUp
Fan width1.37%
Fast versus slow change-0.27 pts
Above 17% Below 33%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Positive regime, shorter trend weakening

75% agreement

The long trend remains positive, but the 13-week horizon has turned against it.

13-week
-3.9%
26-week
10.7%
39-week
19.7%
52-week
12.2%
Regime age62 weeks 52-week flips0 52-week boundary23539.02
Constituent trend persistence

Is the index move broadly durable?

96% coverage
Coherent positive27%
Coherent negative36%
Average horizon agreement86%
Positive horizon share47%
Weakening positives19
Repairing negatives4

114 constituents measured as of 28 Aug 2026. Median trend age is 20 weeks.

Custom stage map

Where constituents sit in the cycle

96% coverage
Stage 1 · Basing6%7 securities
Stage 2 · Advancing33%37 securities
Stage 3 · Distribution10%11 securities
Stage 4 · Declining52%59 securities
Re-acceleration watch2 Transition watch11 Relative strength leaders18% 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

80/100 mean confidence
Upward expansion
21% 24
Rotation up
3% 3
Deceleration
13% 15
Balance
6% 7
Rotation down
11% 12
Downward expansion
46% 53
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 index100.5
13-week trend99.9
4-week trend change-0.34%
Weekly peer rank5 of 11
1 week
0.5 pts relative
4 weeks
0.5 pts relative
13 weeks
-1.3 pts relative
26 weeks
2.7 pts relative
52 weeks
-1.8 pts relative

Market internals

Participation, dispersion and path risk

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

Breadth

Participation quality

Balanced
Advancing
64
Declining
52
Unchanged
3
4-week average 58%
13-week average 43%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility22.4%
Drawdown from 52-week high-7.2%
Positive weeks, last 1369%
Current directional run4 weeks
Turnover versus 13-week norm230%
Breadth impulse11.5 pts
Cross-section

Return distribution

119 measured
Q1 -2.5% Median 0.3% Q3 3.3%
Average winner6.4%
Average loser-4.4%
Dispersion8.9 pts
Top-five upside share39%
Top-five capital share60%
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.

9/13 positive
Above Trend Line7/1354% of industries
Constructive breadth9/13At least half advancing
Median industry0.81%3.11 pts dispersion
#1 Advancing

Integrated Freight & Logistics

7.04%
Participation50% vs Trend18.8% vs Fair Value104.5% Members4
#2 Advancing

Engineering & Construction

5.61%
Participation67% vs Trend16.3% vs Fair Value63.0% Members15
#3 Advancing

Aerospace & Defense

5.17%
Participation50% vs Trend46.9% vs Fair Value123.8% Members6
#4 Advancing

Specialty Business Services

4.21%
Participation100% vs Trend19.0% vs Fair Value93.1% Members4
#5 Advancing

Marine Shipping

1.88%
Participation75% vs Trend2.5% vs Fair Value27.4% Members4
#6 Repairing

Farm & Heavy Construction Machinery

1.85%
Participation80% vs Trend-13.0% vs Fair Value-11.8% Members5
#7 Repairing

Airports & Air Services

0.81%
Participation67% vs Trend-0.2% vs Fair Value26.2% Members3
#8 Repairing

Building Products & Equipment

0.75%
Participation58% vs Trend-7.4% vs Fair Value-3.3% Members12
#9 Narrowing

Metal Fabrication

0.10%
Participation38% vs Trend13.5% vs Fair Value60.2% Members8
#10 Weakening

Conglomerates

-0.64%
Participation55% vs Trend-9.3% vs Fair Value3.2% Members22
#11 Contracting

Specialty Industrial Machinery

-1.35%
Participation33% vs Trend-9.4% vs Fair Value-4.9% Members6
#12 Narrowing

Electrical Equipment & Parts

-2.54%
Participation29% vs Trend2.6% vs Fair Value52.7% Members14
#13 Weakening

Rental & Leasing Services

-3.51%
Participation40% vs Trend-18.2% vs Fair Value12.4% Members5

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 119 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Leading edge

1 BRLSMBirlesim Mühendislik Isitma Sogutma Havalandirma Sanayi ve Ticaret Anonim Sirketi
45.97% 2 HATSNHat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi
38.57% 3 PASEUPasifik Eurasia Lojistik Dis Ticaret A.S.
30.75% 4 ANELEAnel Elektrik Proje Taahhüt ve Ticaret Anonim Sirketi
28.97% 5 PSDTCPergamon Status Dis Ticaret A.S.
18.08%

Weakest edge

119 AGROTAGROTECH TEKNOLOJI
-16.67% 118 ALVESALVES KABLO
-15.87% 117 SANELSan-el Mühendislik Elektrik Taahhüt Sanayi ve Ticaret A.S.
-13.49% 116 DOGUBDogusan Boru Sanayii ve Ticaret A.S.
-13.33% 115 LIDERLDR Turizm A.S.
-11.63%

Constituent ledger

Sector constituents

Top 100 of 119 shown, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 BRLSM Birlesim Mühendislik Isitma Sogutma Havalandirma Sanayi ve Ticaret Anonim Sirketi IST 4.45B 25.34 0.21 pts
45.97%
2 HATSN Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi IST 14.54B 87.30 0.21 pts
38.57%
3 PASEU Pasifik Eurasia Lojistik Dis Ticaret A.S. IST 123.18B 264.50 0.21 pts
30.75%
4 ANELE Anel Elektrik Proje Taahhüt ve Ticaret Anonim Sirketi IST 51.41B 187.00 0.21 pts
28.97%
5 PSDTC Pergamon Status Dis Ticaret A.S. IST 1.19B 184.80 0.15 pts
18.08%
6 RYSAS Reysas Tasimacilik ve Lojistik Ticaret A.S. IST 59.56B 27.00 0.14 pts
16.38%
7 TGSAS TGS Dis Ticaret Anonim Sirketi IST 3.23B 258.00 0.13 pts
15.61%
8 NIBAS Nigbas Nigde Beton Sanayi Ve Ticaret A.S. IST 1.37B 4.40 0.12 pts
14.29%
9 EUPWR Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret Anonim Sirketi IST 54.88B 105.50 0.11 pts
13.44%
10 OZATD OZATA DENIZCILIK IST 333.20B 4,877.50 0.10 pts
12.00%
11 PRZMA Prizma Pres Matbaacilik Yayincilik Sanayi ve Ticaret A.S. IST 5.98B 90.20 0.10 pts
11.36%
12 PAPIL Papilon Savunma Teknoloji ve Ticaret A.S. IST 2.58B 13.63 0.09 pts
11.27%
13 ARSAN Arsan Holding Anonim Sirketi IST 7.00B 4.29 0.09 pts
10.57%
14 EGGUB Ege Gübre Sanayii A.S. IST 10.65B 114.20 0.09 pts
10.13%
15 GESAN Girisim Elektrik Sanayi Taahhüt ve Ticaret A.S. IST 34.34B 93.10 0.07 pts
8.19%
16 ORGE Orge Enerji Elektrik Taahhüt Anonim Sirketi IST 9.03B 24.10 0.07 pts
7.88%
17 YIGIT Yigit Aku Malzemeleri Nakliyat Turizm Insaat Sanayi ve Ticaret A.S. IST 6.64B 22.80 0.07 pts
7.75%
18 KOCMT KOC METALURJI IST 8.89B 5.17 0.06 pts
7.48%
19 ENKAI Enka Insaat ve Sanayi A.S. IST 508.89B 88.75 0.06 pts
6.61%
20 ADEL Adel Kalemcilik Ticaret ve Sanayi A.S. IST 8.29B 35.44 0.05 pts
6.43%
21 MAKTK Makina Takim Endüstrisi A.S. IST 2.02B 10.41 0.05 pts
6.01%
22 BIENY Bien Yapi Urunleri Sanayi Turizm ve Ticaret A.S. IST 7.84B 22.42 0.05 pts
5.36%
23 DOHOL Dogan Sirketler Grubu Holding A.S. IST 55.52B 22.66 0.04 pts
4.91%
24 EPLAS Egeplast Ege Plastik Ticaret ve Sanayi Anonim Sirketi IST 1.05B 6.13 0.04 pts
4.61%
25 PAHOL PASIFIK HOLDING IST 26.20B 1.38 0.04 pts
4.55%
26 KARSN Karsan Otomotiv Sanayii ve Ticaret A.S. IST 10.89B 9.69 0.04 pts
4.42%
27 ZEDUR Zedur Enerji Elektrik Üretim Anonim Sirketi IST 1.33B 8.03 0.03 pts
3.88%
28 ASTOR Astor Enerji A.S. IST 315.37B 347.75 0.03 pts
3.57%
29 EGPRO Ege Profil Ticaret ve Sanayi Anonim Sirketi IST 20.39B 39.48 0.03 pts
3.40%
30 EUREN Europen Endustri Insaat Sanayi ve Ticaret A.S. IST 8.06B 4.01 0.03 pts
3.35%
31 ALARK Alarko Holding A.S. IST 47.97B 109.70 0.03 pts
3.20%
32 TMSN Tümosan Motor ve Traktör Sanayi A.S. IST 8.23B 76.70 0.03 pts
3.02%
33 CEMAS Çemas Döküm Sanayi A.S. IST 3.20B 4.34 0.02 pts
2.84%
34 DOCO DO & CO Aktiengesellschaft IST 123.64B 11,710.00 0.02 pts
2.58%
35 BVSAN Bulbuloglu Vinc Sanayi ve Ticaret Anonim Sirketi IST 3.90B 105.60 0.02 pts
2.52%
36 TLMAN Trabzon Liman Isletmeciligi Anonim Sirketi IST 1.63B 81.80 0.02 pts
2.25%
37 ISKPL Isik Plastik Sanayi ve Dis Ticaret Pazarlama Anonim Sirketi IST 11.85B 8.71 0.02 pts
2.23%
38 PLTUR Platform Turizm Tasimacilik Gida Insaat Temizlik Hizmetleri Sanayi ve Ticaret Anonim Sirketi IST 4.98B 20.94 0.02 pts
2.05%
39 BRKSN Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. IST 727.27M 8.02 0.02 pts
2.04%
40 THYAO Türk Hava Yollari Anonim Ortakligi IST 404.48B 307.00 0.02 pts
1.99%
41 IHLAS Ihlas Holding A.S. IST 3.18B 1.10 0.02 pts
1.85%
42 HKTM Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret A.S. IST 1.38B 15.02 0.02 pts
1.83%
43 CEOEM Ceo Event Medya A.S. IST 1.05B 25.10 0.01 pts
1.78%
44 MANAS Manas Enerji Yonetimi Sanayi Ve Ticaret Anonim Sirketi IST 12.10B 33.06 0.01 pts
1.72%
45 YEOTK Yeo Teknoloji Enerji Ve Endustri Anonim Sirketi IST 26.59B 35.40 0.01 pts
1.61%
46 SAMAT Saray Matbaacilik Kagitçilik kirtasiyecilik Ticaret Ve Sanayi A.S. IST 599.09M 5.50 0.01 pts
1.48%
47 MZHLD Mazhar Zorlu Holding A.S. IST 569.93M 5.47 0.01 pts
1.30%
48 SAYAS Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret A.S. IST 4.19B 59.70 0.01 pts
1.27%
49 TAVHL TAV Havalimanlari Holding A.S. IST 95.82B 283.25 0.01 pts
1.25%
50 GSDHO GSD Holding A.S. IST 3.97B 4.83 0.01 pts
0.84%
51 CUSAN Cuhadaroglu Metal Sanayi ve Pazarlama A.S. IST 1.72B 24.20 0.01 pts
0.83%
52 USAK Usak Seramik Sanayi A.S. IST 2.92B 1.26 0.01 pts
0.80%
53 TUCLK Tugçelik Alüminyum Ve Metal Mamulleri Sanayi Ve Ticaret A.S. IST 1.37B 4.01 0.01 pts
0.75%
54 PGSUS Pegasus Hava Tasimaciligi Anonim Sirketi IST 74.65B 150.50 0.01 pts
0.67%
55 UCAYM Ucay Muhendislik Enerji Ve Iklimlendirme Teknolojileri A.S. IST 4.98B 26.02 0.00 pts
0.54%
56 KATMR Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret A.S. IST 4.31B 2.12 0.00 pts
0.47%
57 BEYAZ Beyaz Filo Oto Kiralama A.S. IST 2.18B 23.40 0.00 pts
0.43%
58 SISE Türkiye Sise Ve Cam Fabrikalari A.S. IST 117.00B 40.06 0.00 pts
0.40%
59 KLRHO Kiler Holding Anonim Sirketi IST 106.19B 65.75 0.00 pts
0.38%
60 SKYLP Skyalp Finansal Teknolojiler ve Danismanlik A.S. IST 2.12B 248.80 0.00 pts
0.32%
61 ALCAR Alarko Carrier Sanayi ve Ticaret A.S. IST 7.59B 695.00 0.00 pts
0.22%
62 ECZYT Eczacibasi Yatirim Holding Ortakligi A.S. IST 32.00B 322.50 0.00 pts
0.16%
63 ASELS ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi IST 1.74T 403.75 0.00 pts
0.12%
64 GLYHO Global Yatirim Holding A.S. IST 31.79B 16.99 0.00 pts
0.12%
65 BURCE Burçelik Bursa Çelik Döküm Sanayii A.S. IST 2.78B 36.00 0.00 pts
0.00%
66 EKOS EKOS TEKNOLOJI IST 5.58B 5.56 0.00 pts
0.00%
67 PKART Plastikkart Akilli Kart Iletisim Sistemleri Sanayi ve Ticaret A.S. IST 2.88B 132.20 0.00 pts
0.00%
68 DMSAS Demisas Döküm Emaye Mamülleri Sanayi Anonim Sirketi IST 1.68B 9.00 0.00 pts
-0.11%
69 GEREL Gersan Elektrik Ticaret ve Sanayi Anonim Sirketi IST 13.74B 38.80 0.00 pts
-0.26%
70 BINHO 1000 YATIRIMLAR HOL. IST 12.35B 10.83 0.00 pts
-0.28%
71 QUAGR QUA Granite Hayal Yapi ve Ürünleri Sanayi Ticaret A.S. IST 8.26B 3.41 0.00 pts
-0.29%
72 GLRMK Gulermak Aglr Sanayi Insaat ve Taahhut A.S. IST 51.91B 180.00 0.00 pts
-0.55%
73 GRSEL Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S. IST 31.03B 316.00 -0.01 pts
-0.78%
74 TTRAK Türk Traktör ve Ziraat Makineleri A.S. IST 42.60B 430.75 -0.01 pts
-1.20%
75 ONRYT ONUR TEKNOLOJI IST 3.62B 60.25 -0.01 pts
-1.23%
76 AKYHO Akdeniz Yatirim Holding A.S. IST 509.46M 2.22 -0.01 pts
-1.33%
77 ERBOS Erbosan Erciyas Boru Sanayii ve Ticaret A.S. IST 2.90B 152.50 -0.01 pts
-1.36%
78 ESCAR Escar Filo Kiralama Hizmetleri A.S. IST 22.27B 46.36 -0.01 pts
-1.36%
79 CLEBI Çelebi Hava Servisi A.S. IST 34.87B 1,478.00 -0.01 pts
-1.40%
80 EMKEL Emek Elektrik Endustrisi Anonim Sirketi IST 2.09B 15.28 -0.01 pts
-1.42%
81 SDTTR SDT Uzay ve Savunma Teknolojileri Anonim Sirketi IST 13.32B 23.56 -0.01 pts
-1.46%
82 KLMSN Klimasan Klima Sanayi ve Ticaret A.S. IST 2.22B 28.82 -0.01 pts
-1.64%
83 FORMT Formet Metal ve Cam Sanayi A.S. IST 1.72B 1.68 -0.01 pts
-1.75%
84 OZYSR OZYASAR TEL IST 4.98B 12.63 -0.02 pts
-2.02%
85 IMASM Imas Makina Sanayi A.S. IST 2.09B 2.34 -0.02 pts
-2.09%
86 RALYH Ral Yatirim Holding A.S. IST 85.92B 265.00 -0.02 pts
-2.12%
87 LRSHO Loras Holding A.S. IST 1.87B 2.53 -0.02 pts
-2.32%
88 YYAPI Yesil Yapi Endüstrisi A.S. IST 1.38B 0.82 -0.02 pts
-2.38%
89 PRKAB Türk Prysmian Kablo ve Sistemleri Anonim Sirketi IST 6.58B 31.86 -0.02 pts
-2.45%
90 TCKRC KIRAC GALVANIZ IST 24.00B 164.00 -0.02 pts
-2.55%
91 PNLSN Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. IST 3.03B 43.00 -0.02 pts
-2.58%
92 KLSER Kaleseramik Canakkale Kalebodur Seramik Sanayi A.S. IST 12.05B 24.64 -0.02 pts
-2.61%
93 AGHOL AG Anadolu Grubu Holding A.S. IST 79.49B 30.52 -0.02 pts
-2.86%
94 BURVA Burçelik Vana Sanayi ve Ticaret A.S. IST 5.12B 744.00 -0.03 pts
-3.00%
95 TUREX Tureks Turizm Tasimacilik Anonim Sirketi IST 6.59B 6.57 -0.03 pts
-3.10%
96 CELHA Çelik Halat ve Tel Sanayii A.S. IST 9.54B 25.62 -0.03 pts
-3.25%
97 ALTNY ALTINAY SAVUNMA IST 17.45B 18.55 -0.03 pts
-3.44%
98 KCHOL Koç Holding A.S. IST 547.82B 214.00 -0.03 pts
-3.78%
99 GATEG Gate Group Teknoloji Medya Ve Siber Guvenlik Hizmetleri A.S. IST 3.17B 295.00 -0.03 pts
-3.83%
100 BERA Bera Holding A.S. IST 9.29B 13.66 -0.04 pts
-4.48%

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

Evidence context