The weight of trend, participation and relative evidence favours capital protection over new exposure.
28
technical evidence
out of 100
out of 100
Week Ending: 28 August 2026
United States US Consumer Cyclical Industry
Auto Manufacturers
For the week ending 28 August 2026, Auto Manufacturers declined 0.98% with 8 advancing, 17 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.
28
technical evidence
Index449.73
1 week-0.98%
Breadth32%
Members25
Country
🇺🇸 United States · US
Sector
Consumer Cyclical
Universe
NASDAQ, NYSE
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
11 completed weeks in this state
Trend acceptance
-9.1%
Index versus Trend Line
Persistence
100%
Negative across every horizon
Participation
32%
8 advancing, 17 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
Defensive
Five-pillar map
Trend
17
Breadth
36
Persistence
18
Relative
32
Risk quality
51
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 45 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.
The activity fan is bearishly ordered below the Trend Line with price accepted beneath it.
State age11 weeks
Trend gateDown
Fan width5.90%
Fast versus slow change1.79 pts
Above 0%
Below 67%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
100% agreement
Negative across every horizon
The 13, 26, 39 and 52-week trends all point downward, confirming persistent contraction.
13-week
-14.7%
26-week
-15.8%
39-week
-27.1%
52-week
-35.2%
Constituent trend persistence
100% coverage
Is the index move broadly durable?
28%positive
Coherent positive4%
Coherent negative52%
Average horizon agreement77%
Positive horizon share25%
Weakening positives5
Repairing negatives3
25 constituents measured as of 28 Aug 2026. Median trend age is 26 weeks.
Custom stage map
96% coverage
Where constituents sit in the cycle
63%Stage 4
Stage 1 · Basing21%5 securities
Stage 2 · Advancing17%4 securities
Stage 3 · Distribution0%0 securities
Stage 4 · Declining63%15 securities
Re-acceleration watch0
Transition watch1
Relative strength leaders4%
Fair Value repairs3
Measured as of 28 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
75/100 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 Consumer Cyclical
Relative index
13-week relative trend
Starting level
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 index39.2
13-week trend39.6
4-week trend change-5.31%
Weekly peer rank9 of 23
1 week
0.8 pts
relative
4 weeks
0.0 pts
relative
13 weeks
-13.4 pts
relative
26 weeks
-13.9 pts
relative
52 weeks
-26.6 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Narrow
Participation quality
32%
advanced
- Advancing
- 8
- Declining
- 17
- Unchanged
- 0
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility21.9%
Drawdown from 52-week high-39.6%
Positive weeks, last 1338%
Current directional run1 week
Turnover versus 13-week norm87%
Breadth impulse-9.7 pts
Cross-section
25 measured
Return distribution
Q1 -4.9%
Median -3.7%
Q3 2.1%
Average winner16.3%
Average loser-5.2%
Dispersion19.4 pts
Top-five upside share96%
Top-five capital share93%
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?
48out of 100
Mixed
Positive and negative company-news scores are balancing each other.
Evidence quality
49/100 confidence
Coverage before conviction
Qualified companies936% of measured constituents
Articles1039100% direct company evidence
Publishers179Independent sources represented
Latest evidence31 AugFreshness is weighted in the score
Constructive 22%Balanced 56%Cautious 22%
Price confirms news1
Price disagrees5
Negative news absorbed0
Positive but stretched1
Constructive edge
Strongest qualified tone
GM53/100 confidence · 116 direct
58
Unifor members ratify GM Canada deal with ~C$1B investment
RACE40/100 confidence · 46 direct 58OPLN or RACE: Which Is the Better Value Stock Right Now?
RIVN42/100 confidence · 85 direct 54Rivian (RIVN) Stock Price Forecast 2026: Q2 Beat Raises Guidance to 70,000 — Short Setup In…
F51/100 confidence · 187 direct 51History Says What Ford Stock Has Done in the 2 Years After Each Full-Year Loss
LI41/100 confidence · 51 direct 48Li Auto (LI) Improved Vehicle Margin to 9.4% but It Remains Half Last Year’s. Can the Model…
Narrative risk
Weakest qualified tone
STLA42/100 confidence · 68 direct
40
Stellantis (BIT:STLAM) Hands Arnaud Belloni Broader Brand Role As New Edition Arrives
XPEV50/100 confidence · 78 direct 40Top global stories this week: XPENG, Alibaba among notable names
LCID40/100 confidence · 87 direct 43Lucid Stock Defies Major Recall Shock
TSLA66/100 confidence · 321 direct 44YieldMax TSLA Performance & Distribution Target 25 ETF declares $0.1778 dividend
LI41/100 confidence · 51 direct 48Li Auto (LI) Improved Vehicle Margin to 9.4% but It Remains Half Last Year’s. Can the Model…
Only fresh, quality-controlled company evidence is included. Industry and sector context is down-weighted and cannot create a directional group conclusion on its own.
Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Industry constituents
All 25 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.