Bull/Bear & Risk-Off Signals

Which sectors and industries are in confirmed uptrends, which are weakening, and where risk warnings override an attractive ranking.

Weekly snapshot · data as of (2026-W43) · 11 sectors · 69 industries.

Sector signals

  • Information Technology: Weakening, elevated risk. XLK + 8.7% vs 200DMA, Bull/Bear + 33; 3M vs SPY + 0.1pp; 63% of constituents above 200DMA, 48% above 50DMA.
  • Financials: Bullish, moderate risk. XLF + 4.1% vs 200DMA, Bull/Bear + 67; 3M vs SPY – 2.8pp; 63% of constituents above 200DMA, 47% above 50DMA.
  • Health Care: Bullish, low risk. XLV + 13.4% vs 200DMA, Bull/Bear +100; 3M vs SPY + 7.4pp; 88% of constituents above 200DMA, 85% above 50DMA.
  • Communication Services: Bearish, elevated risk. XLC – 6.9% vs 200DMA, Bull/Bear -100; 3M vs SPY – 2.7pp; 32% of constituents above 200DMA, 21% above 50DMA.
  • Consumer Discretionary: Improving, elevated risk. XLY – 2.3% vs 200DMA, Bull/Bear – 33; 3M vs SPY + 0.8pp; 34% of constituents above 200DMA, 51% above 50DMA.
  • Industrials: Bearish, moderate risk. XLI – 4.9% vs 200DMA, Bull/Bear -100; 3M vs SPY – 12.4pp; 40% of constituents above 200DMA, 48% above 50DMA.
  • Consumer Staples: Bullish, low risk. XLP + 4.7% vs 200DMA, Bull/Bear +100; 3M vs SPY + 3.0pp; 70% of constituents above 200DMA, 76% above 50DMA.
  • Energy: Bullish, low risk. XLE + 19.2% vs 200DMA, Bull/Bear +100; 3M vs SPY + 13.8pp; 76% of constituents above 200DMA, 86% above 50DMA.
  • Utilities: Bearish, low risk. XLU – 3.9% vs 200DMA, Bull/Bear -100; 3M vs SPY – 11.2pp; 32% of constituents above 200DMA, 81% above 50DMA.
  • Real Estate: Bearish, moderate risk. XLRE – 1.7% vs 200DMA, Bull/Bear -100; 3M vs SPY – 9.0pp; 37% of constituents above 200DMA, 47% above 50DMA.
  • Materials: Bullish, moderate risk. XLB + 0.6% vs 200DMA, Bull/Bear +100; 3M vs SPY – 0.9pp; 63% of constituents above 200DMA, 67% above 50DMA.

Risk-off watchlist

  • Cable/Satellite TV (Comm. Services): High risk, Bearish – High volatility, Deep drawdown, Breadth deterioration, Below 200DMA, Momentum fading
  • Industrial Machinery (Technology): High risk, Bearish – High volatility, Deep drawdown, Breadth deterioration, Below 200DMA, Momentum fading
  • Computer Peripherals (Technology): High risk, Weakening – High volatility, Deep drawdown, Breadth deterioration, Momentum fading
  • Casinos/Gaming (Discretionary): High risk, Bearish – High volatility, Deep drawdown, Breadth deterioration, Below 200DMA
  • Computer Processing Hardware (Technology): High risk, Bullish – High volatility, Deep drawdown, Breadth deterioration, Momentum fading
  • Other Information Technology (Technology): High risk, Neutral – High volatility, Deep drawdown, Breadth deterioration, Below 200DMA, Momentum fading
  • Engineering & Construction (Industrials): High risk, Bearish – High volatility, Deep drawdown, Breadth deterioration, Below 200DMA, Momentum fading
  • Semiconductors (Technology): High risk, Weakening – High volatility, Deep drawdown, Breadth deterioration, Momentum fading
  • Internet Software/Services (Comm. Services): High risk, Bearish – Deep drawdown, Breadth deterioration, Below 200DMA, Momentum fading
  • Trucking (Industrials): High risk, Bearish – Deep drawdown, Breadth deterioration, Below 200DMA
  • Electrical Products (Industrials): High risk, Bearish – Deep drawdown, Breadth deterioration, Below 200DMA
  • Apparel/Footwear (Discretionary): High risk, Bearish – Deep drawdown, Below 200DMA
  • Wireless Telecommunications (Comm. Services): High risk, Bearish – Deep drawdown, Breadth deterioration, Below 200DMA, Momentum fading
  • Airlines (Industrials): High risk, Neutral – High volatility, Deep drawdown, Breadth deterioration, Below 200DMA, Momentum fading
  • Motor Vehicles (Discretionary): Elevated risk, Bearish – Deep drawdown, Breadth deterioration, Below 200DMA, Momentum fading
  • Aerospace & Defense (Industrials): Elevated risk, Bearish – Deep drawdown, Breadth deterioration, Below 200DMA
  • Construction Materials (Materials): Elevated risk, Bearish – Deep drawdown, Below 200DMA

Source: Sonsero Sectors weekly snapshot 2026-10-25 (market data from TradingView). Scores, regimes and signals are rules-based descriptions of market conditions, not investment advice.