The evidence is balanced enough to avoid a defensive call, but not aligned enough for aggressive positioning.
55
technical evidence
out of 100
out of 100
Week Ending: 28 August 2026
United States US Consumer Cyclical Industry
Leisure
For the week ending 28 August 2026, Leisure declined 1.46% with 11 advancing, 18 declining, and 0 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.
Current architecture
Rotation Up
Fast Activity Lines are gaining on the slow pair while price acceptance improves.
55
technical evidence
Index1363.75
1 week-1.46%
Breadth38%
Members29
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
Rotation Up
1 completed week in this state
Trend acceptance
0.4%
Index versus Trend Line
Persistence
50%
Negative regime, horizons divided
Participation
38%
11 advancing, 18 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
59
Breadth
43
Persistence
51
Relative
53
Risk quality
84
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 12 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.
Fast Activity Lines are gaining on the slow pair while price acceptance improves.
State age1 weeks
Trend gateUp
Fan width0.69%
Fast versus slow change0.34 pts
Above 50%
Below 33%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
50% agreement
Negative regime, horizons divided
The 52-week trend is negative, while shorter horizons remain mixed.
13-week
-0.4%
26-week
1.2%
39-week
3.7%
52-week
-5.4%
Constituent trend persistence
93% coverage
Is the index move broadly durable?
44%positive
Coherent positive30%
Coherent negative22%
Average horizon agreement81%
Positive horizon share52%
Weakening positives2
Repairing negatives3
27 constituents measured as of 28 Aug 2026. Median trend age is 20 weeks.
Custom stage map
86% coverage
Where constituents sit in the cycle
48%Stage 4
Stage 1 · Basing12%3 securities
Stage 2 · Advancing36%9 securities
Stage 3 · Distribution4%1 securities
Stage 4 · Declining48%12 securities
Re-acceleration watch0
Transition watch3
Relative strength leaders24%
Fair Value repairs3
Measured as of 28 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
81/100 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 index109.4
13-week trend108.1
4-week trend change-0.65%
Weekly peer rank13 of 23
1 week
0.3 pts
relative
4 weeks
1.1 pts
relative
13 weeks
0.9 pts
relative
26 weeks
3.1 pts
relative
52 weeks
3.2 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Narrow
Participation quality
38%
advanced
- Advancing
- 11
- Declining
- 18
- Unchanged
- 0
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility22.0%
Drawdown from 52-week high-6.7%
Positive weeks, last 1346%
Current directional run1 week
Turnover versus 13-week norm80%
Breadth impulse-10.9 pts
Cross-section
29 measured
Return distribution
Q1 -4.8%
Median -1.9%
Q3 0.7%
Average winner3.6%
Average loser-4.5%
Dispersion4.9 pts
Top-five upside share81%
Top-five capital share69%
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?
49out of 100
More positive than negative
Positive company scores outnumber negative ones, but the overall score remains close to 50.
Evidence quality
55/100 confidence
Coverage before conviction
Qualified companies414% of measured constituents
Articles286100% direct company evidence
Publishers89Independent sources represented
Latest evidence31 AugFreshness is weighted in the score
Constructive 50%Balanced 25%Cautious 25%
Price confirms news1
Price disagrees2
Negative news absorbed0
Positive but stretched1
Constructive edge
Strongest qualified tone
AS57/100 confidence · 72 direct
69
Why Amer Sports (AS) Keeps Beating Its Own Expectations
HAS54/100 confidence · 82 direct 58Hasbro (HAS) Expands Its Upper Deck Partnership, Is The Stock Fully Priced?
LUCK46/100 confidence · 37 direct 45Q4 Earnings Estimate for LUCK Issued By Noble Financial
PLNT69/100 confidence · 95 direct 32What Planet Fitness (PLNT)'s Marketing Pivot, Guidance Cut and Lawsuit Mean For Shareholders
Narrative risk
Weakest qualified tone
PLNT69/100 confidence · 95 direct
32
What Planet Fitness (PLNT)'s Marketing Pivot, Guidance Cut and Lawsuit Mean For Shareholders
LUCK46/100 confidence · 37 direct 45Q4 Earnings Estimate for LUCK Issued By Noble Financial
HAS54/100 confidence · 82 direct 58Hasbro (HAS) Expands Its Upper Deck Partnership, Is The Stock Fully Priced?
AS57/100 confidence · 72 direct 69Why Amer Sports (AS) Keeps Beating Its Own Expectations
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 29 measured constituents, ranked by latest weekly return.
Rank
Ticker
Company
Exchange
Market cap
Close
Index contribution
Return
23
KMRK
K-Tech Solutions Company Limited Class A Ordinary Shares
NASDAQ
25.43M
1.16
-0.17 pts
-4.91%
The index uses capped equal-weight weekly constituent returns. The ledger shows uncapped security returns so outliers remain visible for research.