The evidence is balanced enough to avoid a defensive call, but not aligned enough for aggressive positioning.
59
technical evidence
out of 100
out of 100
Week Ending: 28 August 2026
United States US Industrials Industry
Rental & Leasing Services
For the week ending 28 August 2026, Rental & Leasing Services declined 2.51% with 4 advancing, 15 declining, and 0 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.
Current architecture
Deceleration
The positive Trend gate remains, but fan energy or fast-line momentum is cooling.
59
technical evidence
Index2218.48
1 week-2.51%
Breadth21%
Members19
Country
🇺🇸 United States · US
Sector
Industrials
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
Deceleration
2 completed weeks in this state
Trend acceptance
0.6%
Index versus Trend Line
Persistence
75%
Positive regime, shorter trend weakening
Participation
21%
4 advancing, 15 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
68
Breadth
36
Persistence
69
Relative
50
Risk quality
79
What supports the view
- The index remains above a constructive Trend gate.
- Constituent trends show positive multi-horizon persistence.
What restrains conviction
- Breadth remains too narrow or inconsistent for a high-conviction position.
- The group is not yet delivering dependable relative outperformance.
- Activity Line energy is decelerating despite the positive Trend gate.
- 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 positive Trend gate remains, but fan energy or fast-line momentum is cooling.
State age2 weeks
Trend gateUp
Fan width2.32%
Fast versus slow change-2.53 pts
Above 50%
Below 17%
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
-0.7%
26-week
6.4%
39-week
17.4%
52-week
2.4%
Constituent trend persistence
84% coverage
Is the index move broadly durable?
62%positive
Coherent positive31%
Coherent negative6%
Average horizon agreement75%
Positive horizon share69%
Weakening positives3
Repairing negatives2
16 constituents measured as of 28 Aug 2026. Median trend age is 22 weeks.
Custom stage map
84% coverage
Where constituents sit in the cycle
44%Stage 2
Stage 1 · Basing19%3 securities
Stage 2 · Advancing44%7 securities
Stage 3 · Distribution13%2 securities
Stage 4 · Declining25%4 securities
Re-acceleration watch0
Transition watch1
Relative strength leaders25%
Fair Value repairs2
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 Industrials
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than Industrials. A falling line means capital has done better in the parent benchmark.
Relative index107.1
13-week trend109.5
4-week trend change1.48%
Weekly peer rank17 of 24
1 week
-0.1 pts
relative
4 weeks
-3.6 pts
relative
13 weeks
4.9 pts
relative
26 weeks
8.3 pts
relative
52 weeks
1.7 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Narrow
Participation quality
21%
advanced
- Advancing
- 4
- Declining
- 15
- Unchanged
- 0
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility26.0%
Drawdown from 52-week high-9.5%
Positive weeks, last 1346%
Current directional run3 weeks
Turnover versus 13-week norm66%
Breadth impulse-32.0 pts
Cross-section
19 measured
Return distribution
Q1 -5.7%
Median -4.2%
Q3 -1.4%
Average winner5.6%
Average loser-4.7%
Dispersion6.1 pts
Top-five upside share100%
Top-five capital share77%
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?
41out of 100
Mostly negative
Negative company-news scores are spread across much of the measured market.
Evidence quality
57/100 confidence
Coverage before conviction
Qualified companies421% of measured constituents
Articles313100% direct company evidence
Publishers74Independent sources represented
Latest evidence31 AugFreshness is weighted in the score
Constructive 25%Balanced 0%Cautious 75%
Price confirms news3
Price disagrees1
Negative news absorbed0
Positive but stretched1
Constructive edge
Strongest qualified tone
URI55/100 confidence · 90 direct
61
Is United Rentals (URI) Still Reasonable Or Getting Stretched?
CAR52/100 confidence · 59 direct 35Avis Budget Group stock holds at $138 as new institutional money arrives
HTZ65/100 confidence · 96 direct 34Why Is Hertz (HTZ) Stock Rocketing Higher Today
EQPT69/100 confidence · 68 direct 30SEPTEMBER 21, 2026 EQPT INVESTOR DEADLINE: EquipmentShare.com, Inc. Investors with Substant…
Narrative risk
Weakest qualified tone
EQPT69/100 confidence · 68 direct
30
SEPTEMBER 21, 2026 EQPT INVESTOR DEADLINE: EquipmentShare.com, Inc. Investors with Substant…
HTZ65/100 confidence · 96 direct 34Why Is Hertz (HTZ) Stock Rocketing Higher Today
CAR52/100 confidence · 59 direct 35Avis Budget Group stock holds at $138 as new institutional money arrives
URI55/100 confidence · 90 direct 61Is United Rentals (URI) Still Reasonable Or Getting Stretched?
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 19 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.