The evidence is balanced enough to avoid a defensive call, but not aligned enough for aggressive positioning.
49
technical evidence
out of 100
out of 100
Consumer Defensive
For the week ending 09 October 2026, Consumer Defensive advanced 1.93% with 141 advancing, 67 declining, and 6 unchanged constituents.
- Index level
- 900.65 Index points · base 1,000
- Weekly return
- 1.93%
- Measured companies
- 214 215 in the index universe
- Weekly breadth
- 141 up / 67 down 6 unchanged
- Weekly peer rank
- 1 of 12
Universe NASDAQ, NYSE · Equity onlyPrice basis Adjusted weekly closeConstruction Capped equal-weight returns · Weekly rebuild
156 completed weeks
Consumer Defensive price and trend
Current architecture
Downward Expansion
4 completed weeks in this state
Trend acceptance
-5.3%
Index versus Trend Line
Persistence
100%
Negative across every horizon
Participation
66%
141 advancing, 67 declining
Index Value
Trend Line
Fair Value
Activity Lines
Constructive Transition Defensive
Weekly index closes and the Trend Line. Dashed grey shows the latest Fair Value reference; it is not a historical forecast. Enable the other overlays for more detail.
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
28
Breadth
67
Persistence
29
Relative
66
Risk quality
83
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 43 percentage points.
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 age4 weeks
Trend gateDown
Fan width4.81%
Fast versus slow change-2.41 pts
Above 0%
Below 83%
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
-7.0%
26-week
-6.1%
39-week
-10.5%
52-week
-13.5%
Constituent trend persistence
93% coverage
Is the index move broadly durable?
34%positive
Coherent positive10%
Coherent negative41%
Average horizon agreement81%
Positive horizon share35%
Weakening positives35
Repairing negatives21
199 constituents measured as of 2 Oct 2026. Median trend age is 33 weeks.
Custom stage map
91% coverage
Where constituents sit in the cycle
56%Stage 4
Stage 1 · Basing18%34 securities
Stage 2 · Advancing13%25 securities
Stage 3 · Distribution14%27 securities
Stage 4 · Declining56%108 securities
Re-acceleration watch2
Transition watch25
Relative strength leaders9%
Fair Value repairs21
Measured as of 9 Oct 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
78/100 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 US Market Structure
Relative index
13-week relative trend
Starting level
The relative index starts at 100. Above 100 means this group has outperformed US Market Structure since the first plotted date; below 100 means it has lagged. A rising line can show relative improvement even when both markets are falling.
Relative index80.3
13-week trend79.2
4-week trend change-0.33%
Weekly peer rank1 of 12
1 week
2.9 pts
relative
4 weeks
2.0 pts
relative
13 weeks
0.4 pts
relative
26 weeks
-4.4 pts
relative
52 weeks
-9.9 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Broad
Participation quality
66%
advanced
- Advancing
- 141
- Declining
- 67
- Unchanged
- 6
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility12.9%
Drawdown from 52-week high-15.6%
Positive weeks, last 1331%
Current directional run1 week
Turnover versus 13-week norm87%
Breadth impulse23.7 pts
Cross-section
214 measured
Return distribution
23Below −5%11%
36−5% to −1%17%
37−1% to +1%17%
68+1% to +5%32%
50Above +5%23%
Weekly returns across measured companies. Bars are scaled to the largest group; percentages show each group’s share.
Q1 -1.2%
Median 1.8%
Q3 4.6%
Average winner5.3%
Average loser-4.9%
Dispersion7.0 pts
Top-five upside share16%
Top-five capital share51%
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 price change
Index price change over 30 weeks, or the available history if shorter. Green above zero; red below.
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.
9/12
positive
Above Trend Line3/1225% of industries
Constructive breadth11/12At least half advancing
Median industry2.89%2.14 pts dispersion
#1
Repairing
Confectioners
5.48%
Participation75%
vs Trend-11.8%
vs Fair Value-11.4%
Members4
#2
Repairing
Tobacco
4.83%
Participation100%
vs Trend-5.0%
vs Fair Value9.4%
Members9
#3
Repairing
Farm Products
4.33%
Participation65%
vs Trend-4.6%
vs Fair Value-1.0%
Members17
#4
Repairing
Education & Training Services
3.65%
Participation76%
vs Trend-2.2%
vs Fair Value-6.6%
Members33
#5
Repairing
Beverages - Brewers
3.38%
Participation89%
vs Trend-3.9%
vs Fair Value-1.7%
Members9
#6
Advancing
Discount Stores
2.96%
Participation67%
vs Trend7.5%
vs Fair Value30.5%
Members9
#7
Transition
Household & Personal Products
2.82%
Participation59%
vs Trend2.1%
vs Fair Value-17.7%
Members27
#8
Repairing
Beverages - Non-Alcoholic
2.28%
Participation76%
vs Trend-3.3%
vs Fair Value10.5%
Members17
#9
Repairing
Packaged Foods
0.01%
Participation58%
vs Trend-12.5%
vs Fair Value-30.7%
Members57
#10
Narrowing
Food Distribution
-0.05%
Participation44%
vs Trend3.1%
vs Fair Value24.9%
Members9
#11
Weakening
Grocery Stores
-0.41%
Participation50%
vs Trend-5.5%
vs Fair Value-11.3%
Members12
#12
Weakening
Beverages - Wineries & Distilleries
-1.25%
Participation64%
vs Trend-17.7%
vs Fair Value-42.4%
Members11
Industry participation
Where are returns broadly supported?
Compare the weekly result with the share of companies advancing.
↑ Companies advancing · 50% marks half of measured companies
−5.5%Weekly index return · zero at centre+5.5%
Compare return with participationHover or focus a marker for the full reading. Select it to open the report.
Markers show weekly return rank. Hover or focus for the name. Fine lines connect separated markers to their actual positions. Up, down and unchanged companies all count in participation.
United States · Weekly return relationships
Which markets move together?
Compare sectors and industries within United States over the same 52-week window. Strong positive relationships can mean that apparently different holdings share the same risk.
Closest: Industrials and Consumer Cyclical (0.86; 52 weeks).
12 indexes · 66 qualifying pairsClosest: Gold and Other Precious Metals & Mining (0.95; 52 weeks).
143 indexes · 10153 qualifying pairs−1 · Opposite0 · No linear link+1 · Together
Read the market at the top against the market at the left. The diagonal compares each index with itself. Up to 10 indexes are shown, ordered by constituent coverage. Select a cell to inspect a pair, or use the selectors for other markets.
Closest to the reference
Pearson correlation of weekly percentage returns through 9 Oct 2026: +1 means moving together, 0 little linear relationship, −1 moving in opposite directions. Requires 39 matching observations for the 52-week comparison and 10 for the recent 13 weeks. Missing weeks are excluded, not filled with zero. Constant series have no defined correlation. These are local-currency, capped equal-weight indexes; sectors and their component industries overlap. A lower correlation does not establish a hedge.
Sector correlations compare broad business groups. Industry correlations reveal closer links within and across sectors. The selectors retain all qualified groups; the matrix shows the ten largest by company coverage.
News and narrative
Does company news confirm the market tape?
50out of 100
More negative than positive
Negative company scores outnumber positive ones, but they do not yet dominate the whole group.
Price confirms news7
Price disagrees6
Negative news absorbed3
Positive but stretched1
Evidence quality
47/100 confidence
Coverage before conviction
Qualified companies2612% of measured constituents
Articles2,395100% direct company evidence
Publishers617Independent sources represented
Latest evidence16 OctFreshness is weighted in the score
Constructive 12%Balanced 62%Cautious 27%
Constructive edge
Strongest qualified tone
LW66/100 confidence · 122 direct
66
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SJM43/100 confidence · 66 direct 64The J. M. Smucker Company (SJM) Stock Price, News, Quote & History
KO42/100 confidence · 195 direct 61PepsiCo just lost KFC to Coca-Cola. Here's how much it could sting financially.
COST49/100 confidence · 296 direct 57Costco Wholesale Corporation Announces Quarterly Cash Dividend
COKE39/100 confidence · 19 direct 56Coca-Cola Consolidated, Inc. Announces Fourth Quarter Dividend
Narrative risk
Weakest qualified tone
SMPL66/100 confidence · 51 direct
33
Simply Good Foods (NASDAQ:SMPL) Stock Price Crosses Below Two Hundred Day Moving Average - …
LINC48/100 confidence · 30 direct 35TAL vs. LINC: Which Stock Is the Better Value Option?
CELH53/100 confidence · 56 direct 35Why Is Everyone Ignoring Celsius Stock’s High Cash Yield?
CPB35/100 confidence · 45 direct 36Did Dividend Cut Just Shift Campbell's (CPB) Investment Narrative?
SUJA35/100 confidence · 15 direct 37A 3.1% passive stake in Suja Life (SUJA) represents 739,687 shares reported by Wasatch Advi…
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
Sector constituents
Top 100 of 214 shown, 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.