- The trend backdrop is active with a 48-week active streak.
- Price is above Fair Value, showing premium demand versus the model.
- Next-week expectancy is positive at 57.28% based on similar historical setup states.
- Activity pressure is constructive, supporting the smart-money activity read.
BKH
NYSE
Week ended 31 Jul 2026
Weekly Investor Report
Black Hills Corporation · Utilities · Utilities - Regulated Gas
Latest close
71.21 USD
-5.4%
latest week
Weekly setup
Mixed setup
The weekly trend is active. Price is -1.9% below the Trend Line and sits at 69.8% of its 52-week range. The latest completed week returned -5.4%, after a -3.5% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks weakly; valuation is neither clearly cheap nor expensive. Options positioning is mixed with 36/100 conviction, while the latest news-sentiment score is 55/100. Near-term considerations: volume confirmation is below normal; earnings are due in 3d.
Setup score
49
out of 100
Latest Close
71.21 USD
31 Jul 2026
1W Return
-5.4%
latest completed week
4W Return
-3.5%
short-term follow-through
12W Return
-4.4%
quarterly tape
Trend Breadth
92.3%
48 of 52 weeks active
Volume Ratio
0.8x
vs 13-week average
- Price is below the Trend Line, which keeps downside pressure in focus.
- Activity pressure is negative, which weakens the current setup.
- The latest week was a sharp negative move.
- Latest weekly return ranks in the weaker part of its sector group.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
-5.4%
Latest completed week; four-week move -3.5%.
Indicator stack
96/0
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Positive 57.28%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
Options pressure
Mixed
36/100 conviction; expected move 4.7%.
News sentiment
55/100
62 relevant articles in the latest sentiment read.
Event risk
3d
Next report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is active. Price is -1.9% below the Trend Line and sits at 69.8% of its 52-week range. The latest completed week returned -5.4%, after a -3.5% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 0.8x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
6 Feb
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.8612-week average 0.85
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership9/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.86Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is -3.5% over four weeks, -4.4% over 12 weeks, and 28.2% over one year. The current trend has remained active for 48 consecutive weeks.
Performance by holding period
Active trend streak48 weeks
Active weeks in one year48
Trend breadth92.3%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.72Latest activity-pressure read.
Pressure change-708.3%Four-week change in activity pressure.
Leadership-4.48Latest relative-leadership reading.
RS change-3735.7%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks weakly; valuation is neither clearly cheap nor expensive.
Factor week 26 Jul 2026
Financial statements through 31 Mar 2026
Field coverage 100%
Model confidence 96%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength81/100Blend of value, momentum, and quality. Underlying universe rank 20; rank 1 is best.
Value73/100Relative valuation strength. Underlying universe rank 28; rank 1 is best.
Quality32/100Profitability and accounting quality. Underlying universe rank 69; rank 1 is best.
Momentum82/100Medium-term price momentum. Underlying universe rank 19; rank 1 is best.
Growth17/100Revenue and earnings growth. Underlying universe rank 84; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Value-quality framework32/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 19.9x Price divided by trailing earnings.
- Price / sales
- 2.5x Market value relative to trailing revenue.
- EV / EBITDA
- 12.6x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 14.9% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 35.7% Gross profit retained from each unit of revenue.
- Operating margin
- 23.7% Operating profit retained from revenue.
- Free-cash-flow margin
- 68.1% Free cash flow generated from revenue.
- Return on invested capital
- 5.5% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 3.6% Latest one-year revenue growth.
- EPS growth
- 3.1% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 8.5% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 5/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 3.7% Cash dividends relative to market value.
- Buyback yield
- -3.7% Net share repurchases relative to market value.
- Shareholder yield
- -0.1% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- 5.6x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Options positioningMixed
BKH shows mixed options pressure with a 36/100 conviction score, put-call volume ratio of 1.20, expected move of 4.7%, and Sharemaestro trend signal active.
Conviction36/100
Expected move4.7%
Put/call volume1.20
Insider activity9 / 1
9 acquisitions and 1 disposals in the latest 180-day insider tape.
Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.News sentiment55/100
Weighted news tone is neutral across 62 relevant articles.
17 positive · 44 neutral · 1 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings3dNext report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
Options expected move4.7%Nearest-chain priced movement where available.
52-week drawdown-8.6%Distance below the 52-week high.
13-week volatility2.4%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
6 Feb
6 Mar
3 Apr
1 May
29 May
26 Jun
31 Jul
Weeks higher13 of 2613 weeks finished lower.
Best week+4.5%Week of 26 Jun.
Worst week-6.4%Week of 20 Mar.
Latest week-5.4%Week of 31 Jul.
Shape of recent returns
Strong gains2
Modest gains11
Flat weeks0
Modest losses11
Sharp losses2
Recent vol2.4%13-week weekly-return volatility.
Base vol3.2%52-week weekly-return volatility.
Up/down split30/22Count of positive and negative weeks in the 52-week window.
Average skew2.6% / -2.3%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorUS Utilities
4-week rank59 / 100
Group average-3.1%
Trend breadth47.0%
Trend47.0%active weekly trend signals
MD38.0%positive activity pressure
RS14.0%positive relative leadership
Four-week leaders
IndustryUS Utilities - Regulated Gas
4-week rank13 / 16
Group average0.7%
Trend breadth31.3%
Trend31.2%active weekly trend signals
MD37.5%positive activity pressure
RS6.2%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape52/100
Trend, activity pressure, participation, and risk combine to a 52/100 tape read.
Indicator analysis64/100Latest 12-week confirmation: trend 12/12, activity pressure 0/12, relative leadership 9/12.
Activity pressure 0.86; No reversal markers Next-Week ExpectancyPositive 57.28%Next-week expectancy is positive with a 57.28% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors66/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 81; Small Cap Core rank 67 SVQF32/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 688.5 of 1013 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Options58/100BKH shows mixed options pressure with a 36/100 conviction score, put-call volume ratio of 1.20, expected move of 4.7%, and Sharemaestro trend signal active.
Mixed · Options-market disagreement · Expected move 4.7% Sentiment55/100Weighted news tone is neutral across 62 relevant articles.
US92113AW9 Bond Profile — Key Metrics Insiders9 / 19 acquisitions and 1 disposals in the latest 180-day insider tape.
Earnings3dNext report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 31 Jul 2026 | 71.21 USD | -5.4% | 72.62 USD | 57.59 USD | -0.72 | -4.48 | 3.4M | On |
| 24 Jul 2026 | 75.29 USD | 0.9% | 72.53 USD | 57.46 USD | -0.48 | 2.20 | 2.8M | On |
| 17 Jul 2026 | 74.61 USD | -0.8% | 72.28 USD | 57.31 USD | -0.13 | 0.98 | 4.0M | On |
| 10 Jul 2026 | 75.21 USD | 1.9% | 72.01 USD | 57.18 USD | -0.12 | 0.46 | 4.2M | On |
| 3 Jul 2026 | 73.79 USD | -3.0% | 71.87 USD | 57.03 USD | -0.09 | 0.12 | 3.2M | On |
| 26 Jun 2026 | 76.04 USD | 4.5% | 71.70 USD | 56.88 USD | -0.08 | 5.63 | 5.0M | On |
| 19 Jun 2026 | 72.75 USD | -1.0% | 71.58 USD | 56.73 USD | -0.43 | -1.04 | 4.0M | On |
| 12 Jun 2026 | 73.50 USD | 1.0% | 71.45 USD | 56.60 USD | -0.33 | 1.04 | 9.2M | On |
| 5 Jun 2026 | 72.78 USD | -0.1% | 71.26 USD | 56.48 USD | -0.39 | 0.75 | 5.6M | On |
| 29 May 2026 | 72.82 USD | -2.0% | 71.09 USD | 56.37 USD | -0.28 | -1.60 | 2.8M | On |
| 22 May 2026 | 74.29 USD | 2.0% | 70.72 USD | 56.25 USD | -0.10 | 1.84 | 3.9M | On |
| 15 May 2026 | 72.84 USD | -2.2% | 70.39 USD | 56.12 USD | -0.15 | 0.77 | 4.9M | On |
| 8 May 2026 | 74.51 USD | -0.4% | 70.00 USD | 56.01 USD | 0.10 | 3.35 | 4.9M | On |
| 1 May 2026 | 74.78 USD | 1.8% | 69.47 USD | 55.89 USD | 0.06 | 6.20 | 3.6M | On |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.