Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.
38
technical evidence
out of 100
out of 100
Week Ending: 28 August 2026
United States US Consumer Defensive Industry
Packaged Foods
For the week ending 28 August 2026, Packaged Foods declined 0.46% with 25 advancing, 32 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.
38
technical evidence
Index704.06
1 week-0.46%
Breadth44%
Members57
Country
🇺🇸 United States · US
Sector
Consumer Defensive
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
7 completed weeks in this state
Trend acceptance
-5.0%
Index versus Trend Line
Persistence
100%
Negative across every horizon
Participation
44%
25 advancing, 32 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
Reduce
Five-pillar map
Trend
24
Breadth
47
Persistence
29
Relative
37
Risk quality
74
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 25 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 age7 weeks
Trend gateDown
Fan width2.51%
Fast versus slow change0.69 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
-3.6%
26-week
-13.9%
39-week
-17.7%
52-week
-25.6%
Constituent trend persistence
93% coverage
Is the index move broadly durable?
25%positive
Coherent positive13%
Coherent negative36%
Average horizon agreement81%
Positive horizon share36%
Weakening positives2
Repairing negatives17
53 constituents measured as of 28 Aug 2026. Median trend age is 39 weeks.
Custom stage map
91% coverage
Where constituents sit in the cycle
50%Stage 4
Stage 1 · Basing25%13 securities
Stage 2 · Advancing25%13 securities
Stage 3 · Distribution0%0 securities
Stage 4 · Declining50%26 securities
Re-acceleration watch1
Transition watch8
Relative strength leaders25%
Fair Value repairs10
Measured as of 28 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
76/100 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 Defensive
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than Consumer Defensive. A falling line means capital has done better in the parent benchmark.
Relative index74.0
13-week trend75.5
4-week trend change-0.83%
Weekly peer rank6 of 12
1 week
-0.1 pts
relative
4 weeks
-1.2 pts
relative
13 weeks
-3.1 pts
relative
26 weeks
-7.9 pts
relative
52 weeks
-12.4 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Narrow
Participation quality
44%
advanced
- Advancing
- 25
- Declining
- 32
- Unchanged
- 0
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility15.0%
Drawdown from 52-week high-25.1%
Positive weeks, last 1338%
Current directional run3 weeks
Turnover versus 13-week norm66%
Breadth impulse-6.3 pts
Cross-section
57 measured
Return distribution
Q1 -2.3%
Median -0.9%
Q3 1.9%
Average winner3.9%
Average loser-4.4%
Dispersion7.4 pts
Top-five upside share55%
Top-five capital share50%
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?
50out of 100
More negative than positive
Negative company scores outnumber positive ones, but they do not yet dominate the whole group.
Evidence quality
50/100 confidence
Coverage before conviction
Qualified companies1323% of measured constituents
Articles984100% direct company evidence
Publishers241Independent sources represented
Latest evidence31 AugFreshness is weighted in the score
Constructive 15%Balanced 62%Cautious 23%
Price confirms news2
Price disagrees4
Negative news absorbed1
Positive but stretched1
Constructive edge
Strongest qualified tone
SJM71/100 confidence · 113 direct
70
THE J. M. SMUCKER COMPANY : RBC RAISES TARGET PRICE TO $150 FROM $135
DAR41/100 confidence · 92 direct 58The Manufacturers Life Insurance Company Purchases Shares of 115,095 Darling Ingredients In…
GIS50/100 confidence · 146 direct 57General Mills (GIS) Stock Looks Fairly Priced While Its Broader Checks Look Weak
FRPT38/100 confidence · 59 direct 57Freshpet, Inc. to Participate in the Barclays 19th Annual Global Consumer Conference
KHC46/100 confidence · 125 direct 56Dear Kraft Heinz Stock Fans, Mark Your Calendars for September 14
Narrative risk
Weakest qualified tone
FLO59/100 confidence · 68 direct
32
Does Weaker Results, Lower Guidance, And New Shelf Registration Change The Bull Case For Fl…
SMPL63/100 confidence · 49 direct 34412,418 Shares in The Simply Good Foods Company $SMPL Purchased by Man Group plc
LFVN44/100 confidence · 35 direct 36Is Lifevantage Corp (LFVN) Overvalued After Q4 Earnings Miss? EP
JBSS37/100 confidence · 44 direct 48John B. Sanfilippo Eyes $300M Bar Growth as CEO Transition Nears
HRL64/100 confidence · 105 direct 51Hormel Foods (HRL) Stock Faces Margin Strain Despite Stronger Cash Flow
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 57 measured constituents, ranked by latest weekly return.
Rank
Ticker
Company
Exchange
Market cap
Close
Index contribution
Return
53
WYHG
Wing Yip Food Holdings Group Limited American Depositary Shares
NASDAQ
62.91M
4.94
-0.13 pts
-7.66%
The index uses capped equal-weight weekly constituent returns. The ledger shows uncapped security returns so outliers remain visible for research.