Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.
40
technical evidence
out of 100
out of 100
Rental & Leasing Services
For the week ending 09 October 2026, Rental & Leasing Services declined 3.93% with 4 advancing, 14 declining, and 0 unchanged constituents.
- Index level
- 2,461.31 Index points · base 1,000
- Weekly return
- -3.93%
- Measured companies
- 18 18 in the index universe
- Weekly breadth
- 4 up / 14 down 0 unchanged
- Weekly peer rank
- 20 of 24
Universe NASDAQ, NYSE · Equity onlyPrice basis Adjusted weekly closeConstruction Capped equal-weight returns · Weekly rebuild
Explore Industrials →
156 completed weeks
Rental & Leasing Services price and trend
Current architecture
Unresolved
5 completed weeks in this state
Trend acceptance
-9.6%
Index versus Trend Line
Persistence
25%
Positive regime, shorter trend weakening
Participation
22%
4 advancing, 14 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
Reduce
Five-pillar map
Trend
32
Breadth
33
Persistence
48
Relative
37
Risk quality
72
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 47 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 Lines, Trend Line and price acceptance remain genuinely mixed.
State age5 weeks
Trend gateMixed
Fan width8.58%
Fast versus slow change-3.68 pts
Above 0%
Below 100%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
25% agreement
Positive regime, shorter trend weakening
The long trend remains positive, but the 13-week horizon has turned against it.
13-week
-14.9%
26-week
-4.1%
39-week
-4.0%
52-week
2.3%
Constituent trend persistence
83% coverage
Is the index move broadly durable?
60%positive
Coherent positive0%
Coherent negative20%
Average horizon agreement75%
Positive horizon share55%
Weakening positives6
Repairing negatives0
15 constituents measured as of 2 Oct 2026. Median trend age is 17 weeks.
Custom stage map
83% coverage
Where constituents sit in the cycle
60%Stage 4
Stage 1 · Basing0%0 securities
Stage 2 · Advancing13%2 securities
Stage 3 · Distribution27%4 securities
Stage 4 · Declining60%9 securities
Re-acceleration watch0
Transition watch3
Relative strength leaders0%
Fair Value repairs0
Measured as of 9 Oct 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
80/100 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
The relative index starts at 100. Above 100 means this group has outperformed Industrials 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 index106.6
13-week trend110.2
4-week trend change-1.44%
Weekly peer rank20 of 24
1 week
-1.7 pts
relative
4 weeks
-0.4 pts
relative
13 weeks
-4.9 pts
relative
26 weeks
2.2 pts
relative
52 weeks
7.6 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Narrow
Participation quality
22%
advanced
- Advancing
- 4
- Declining
- 14
- Unchanged
- 0
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility26.3%
Drawdown from 52-week high-18.7%
Positive weeks, last 1331%
Current directional run1 week
Turnover versus 13-week norm109%
Breadth impulse-23.1 pts
Cross-section
18 measured
Return distribution
6Below −5%33%
8−5% to −1%44%
3−1% to +1%17%
0+1% to +5%0%
1Above +5%6%
Weekly returns across measured companies. Bars are scaled to the largest group; percentages show each group’s share.
Q1 -6.8%
Median -2.9%
Q3 -1.4%
Average winner2.7%
Average loser-5.8%
Dispersion5.7 pts
Top-five upside share100%
Top-five capital share76%
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.
Within the same sector
Where are returns broadly supported?
Compare the weekly result with the share of companies advancing.
↑ Companies advancing · 50% marks half of measured companies
−6.5%Weekly index return · zero at centre+6.5%
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.
| Rank / Industry | Weekly return | Advancing share | Up / down | Companies | Week ending |
|---|---|---|---|---|---|
| 1Specialty Business ServicesIndustrials | 2.12% | 63% | 24 / 14 | 38 | 9 Oct 2026 |
| 2Integrated Freight & LogisticsIndustrials | -0.11% | 46% | 13 / 14 | 28 | 9 Oct 2026 |
| 3Consulting ServicesIndustrials | -0.41% | 65% | 13 / 7 | 20 | 9 Oct 2026 |
| 4Airports & Air ServicesIndustrials | -0.42% | 57% | 4 / 3 | 7 | 9 Oct 2026 |
| 5Metal FabricationIndustrials | -1.05% | 31% | 5 / 10 | 16 | 9 Oct 2026 |
| 6Building Products & EquipmentIndustrials | -1.25% | 41% | 13 / 19 | 32 | 9 Oct 2026 |
| 7Marine ShippingIndustrials | -1.32% | 29% | 10 / 24 | 34 | 9 Oct 2026 |
| 8Specialty Industrial MachineryIndustrials | -1.33% | 32% | 23 / 49 | 72 | 9 Oct 2026 |
| 9Staffing & Employment ServicesIndustrials | -1.33% | 29% | 4 / 10 | 14 | 9 Oct 2026 |
| 10Waste ManagementIndustrials | -1.50% | 53% | 9 / 8 | 17 | 9 Oct 2026 |
| 11Engineering & ConstructionIndustrials | -1.53% | 36% | 17 / 30 | 47 | 9 Oct 2026 |
| 12Business Equipment & SuppliesIndustrials | -1.63% | 20% | 1 / 4 | 5 | 9 Oct 2026 |
| 13AirlinesIndustrials | -1.78% | 24% | 4 / 13 | 17 | 9 Oct 2026 |
| 14TruckingIndustrials | -1.79% | 20% | 3 / 12 | 15 | 9 Oct 2026 |
| 15ConglomeratesIndustrials | -1.98% | 33% | 8 / 16 | 24 | 9 Oct 2026 |
| 16RailroadsIndustrials | -2.40% | 27% | 3 / 8 | 11 | 9 Oct 2026 |
| 17Tools & AccessoriesIndustrials | -2.59% | 0% | 0 / 9 | 9 | 9 Oct 2026 |
| 18Industrial DistributionIndustrials | -2.87% | 17% | 4 / 17 | 23 | 9 Oct 2026 |
| 19Aerospace & DefenseIndustrials | -3.68% | 28% | 24 / 61 | 85 | 9 Oct 2026 |
| 20Rental & Leasing ServicesIndustrials | -3.93% | 22% | 4 / 14 | 18 | 9 Oct 2026 |
| 21Security & Protection ServicesIndustrials | -4.21% | 21% | 4 / 15 | 19 | 9 Oct 2026 |
| 22Pollution & Treatment ControlsIndustrials | -4.28% | 38% | 5 / 8 | 13 | 9 Oct 2026 |
| 23Farm & Heavy Construction MachineryIndustrials | -4.91% | 15% | 4 / 22 | 26 | 9 Oct 2026 |
| 24Electrical Equipment & PartsIndustrials | -6.48% | 12% | 5 / 36 | 41 | 9 Oct 2026 |
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?
53out of 100
More positive than negative
Positive company scores outnumber negative ones, but the overall score remains close to 50.
Price confirms news1
Price disagrees2
Negative news absorbed0
Positive but stretched1
Evidence quality
39/100 confidence
Coverage before conviction
Qualified companies317% of measured constituents
Articles145100% direct company evidence
Publishers33Independent sources represented
Latest evidence12 OctFreshness is weighted in the score
Constructive 67%Balanced 0%Cautious 33%
Constructive edge
Strongest qualified tone
SUNB36/100 confidence · 41 direct
64
Sunbelt Rentals Holdings Inc. Common Stock (SUNB) Stock Price Today: $75.17
URI39/100 confidence · 64 direct 58United Rentals, Inc. (URI) Stock Price, News, Quote & History
CAR46/100 confidence · 40 direct 37Avis Budget Group to Announce Third Quarter 2026 Results on November 03, 2026
Narrative risk
Weakest qualified tone
CAR46/100 confidence · 40 direct
37
Avis Budget Group to Announce Third Quarter 2026 Results on November 03, 2026
URI39/100 confidence · 64 direct 58United Rentals, Inc. (URI) Stock Price, News, Quote & History
SUNB36/100 confidence · 41 direct 64Sunbelt Rentals Holdings Inc. Common Stock (SUNB) Stock Price Today: $75.17
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 18 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.