Headline strength is not yet confirmed by the current Activity Line energy and constituent trend mix.
60
technical evidence
out of 100
out of 100
Week Ending: 28 August 2026
Turkey TR Sector
Real Estate
For the week ending 28 August 2026, Real Estate advanced 1.69% with 36 advancing, 23 declining, and 1 unchanged constituents. The index is equal weighted and built from country-listed equities.
Current architecture
Unresolved
The Activity Lines, Trend Line and price acceptance remain genuinely mixed.
60
technical evidence
Index23924.35
1 week1.69%
Breadth60%
Members60
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
Unresolved
4 completed weeks in this state
Trend acceptance
0.3%
Index versus Trend Line
Persistence
75%
Positive regime, shorter trend weakening
Participation
60%
36 advancing, 23 declining
Investor positioning lens
Is the evidence ready for capital?
A rules-based technical classification using trend, breadth, persistence, relative strength and path quality.
Evidence balance
Wait
Five-pillar map
Trend
54
Breadth
61
Persistence
47
Relative
74
Risk quality
82
What supports the view
- Participation is broad enough to support the index move.
- Medium-term relative returns and peer standing remain constructive.
What restrains conviction
- Index trend architecture has not delivered a durable upward expansion.
- Constituent persistence remains divided or predominantly negative.
- The current 13-week parent-relative trend is weakening.
- Stage 4 declining constituents exceed Stage 2 advancing constituents by 25 percentage points.
- The index is extended well above current Fair Value, increasing chase risk.
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.
The Activity Lines, Trend Line and price acceptance remain genuinely mixed.
State age4 weeks
Trend gateMixed
Fan width2.12%
Fast versus slow change-0.68 pts
Above 0%
Below 50%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
75% agreement
Positive regime, shorter trend weakening
The long trend remains positive, but the 13-week horizon has turned against it.
13-week
-1.5%
26-week
7.3%
39-week
17.0%
52-week
11.5%
Constituent trend persistence
93% coverage
Is the index move broadly durable?
43%positive
Coherent positive29%
Coherent negative29%
Average horizon agreement83%
Positive horizon share49%
Weakening positives6
Repairing negatives9
56 constituents measured as of 28 Aug 2026. Median trend age is 11 weeks.
Custom stage map
93% coverage
Where constituents sit in the cycle
55%Stage 4
Stage 1 · Basing5%3 securities
Stage 2 · Advancing30%17 securities
Stage 3 · Distribution9%5 securities
Stage 4 · Declining55%31 securities
Re-acceleration watch1
Transition watch7
Relative strength leaders14%
Fair Value repairs2
Measured as of 28 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
80/100 mean confidence
How market energy is distributed
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
Relative index
13-week relative trend
Starting level
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 index126.9
13-week trend127.2
4-week trend change-0.13%
Weekly peer rank1 of 11
1 week
1.0 pts
relative
4 weeks
-0.3 pts
relative
13 weeks
1.2 pts
relative
26 weeks
-0.7 pts
relative
52 weeks
-2.6 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Broad
Participation quality
60%
advanced
- Advancing
- 36
- Declining
- 23
- Unchanged
- 1
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility22.3%
Drawdown from 52-week high-7.9%
Positive weeks, last 1362%
Current directional run4 weeks
Turnover versus 13-week norm209%
Breadth impulse16.8 pts
Cross-section
60 measured
Return distribution
Q1 -1.3%
Median 1.2%
Q3 4.8%
Average winner5.5%
Average loser-4.3%
Dispersion7.5 pts
Top-five upside share43%
Top-five capital share37%
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.
4/5
positive
Above Trend Line3/560% of industries
Constructive breadth4/5At least half advancing
Median industry1.97%2.02 pts dispersion
#1
Repairing
Reit - Residential
3.90%
Participation63%
vs Trend-8.2%
vs Fair Value26.8%
Members8
#2
Advancing
Reit - Diversified
2.21%
Participation59%
vs Trend0.8%
vs Fair Value46.0%
Members27
#3
Repairing
Real Estate - Diversified
1.97%
Participation75%
vs Trend-6.8%
vs Fair Value12.2%
Members4
#4
Advancing
Real Estate - Development
1.76%
Participation67%
vs Trend4.4%
vs Fair Value51.9%
Members9
#5
Narrowing
Reit - Retail
-2.22%
Participation25%
vs Trend7.8%
vs Fair Value77.9%
Members4
News and narrative
Does company news confirm the market tape?
Sentiment evidence is still developing
Qualified company-level news coverage is not yet broad enough to influence the group view.
0 qualified records across 60 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Leading edge
1 MRGYOMarti Gayrimenkul Yatirim Ortakligi A.S.
21.80%
2
PEKGYPeker Gayrimenkul Yatirim Ortakligi Anonim Sirketi
21.16%
3
KRGYOKörfez Gayrimenkul Yatirim Ortakligi A.S.
15.11%
4
SNGYOSinpas Gayrimenkul Yatirim Ortakligi A.S.
13.84%
5
KLGYOKiler Gayrimenkul Yatirim Ortakligi A.S.
13.22%
Weakest edge
60 TEHOLTera Yatirim Teknoloji Holding A.S.
-30.02%
59
AVGYOAvrasya Gayrimenkul Yatirim Ortakligi Anonim Sirketi
-17.39%
58
PAGYOPanora Gayrimenkul Yatirim Ortakligi A.S.
-9.55%
57
ADGYOAdra Gayrimenkul Yatirim Ortakligi Anonim Sirketi
-5.25%
56
UFUKUFUK Yatirim Yonetim ve Gayrimenkul A.S.
-4.78%
Constituent ledger
Sector constituents
All 60 measured constituents, ranked by latest weekly return.
Rank
Ticker
Company
Exchange
Market cap
Close
Index contribution
Return
The index uses capped equal-weight weekly constituent returns. The ledger shows uncapped security returns so outliers remain visible for research.