- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
- Activity pressure is constructive, supporting the smart-money activity read.
SPN
NZE
Week ended 31 Jul 2026
Weekly Investor Report
South Port New Zealand Limited · Industrials · Marine Shipping
Latest close
8.50 NZD
0.2%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is -1.2% below the Trend Line and sits at 61.7% of its 52-week range. The latest completed week returned 0.2%, after a 0.0% four-week move. The latest news-sentiment score is 50/100. Near-term considerations: volume confirmation is below normal.
Setup score
46
out of 100
Latest Close
8.50 NZD
31 Jul 2026
1W Return
0.2%
latest completed week
4W Return
0.0%
short-term follow-through
12W Return
10.5%
quarterly tape
Trend Breadth
67.3%
35 of 52 weeks active
Volume Ratio
0.4x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Next-week expectancy is negative at 43.57% based on similar historical setup states.
- 2 reversal markers appear in the recent smart-money tape.
- 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
0.2%
Latest completed week; four-week move 0.0%.
Indicator stack
37/100
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
Negative 43.57%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
50/100
4 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is -1.2% below the Trend Line and sits at 61.7% of its 52-week range. The latest completed week returned 0.2%, after a 0.0% 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 0.4x 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 0.5812-week average 0.45
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure5/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership7/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.58Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers22 reversal markers
No recent accumulation markers. 2 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 0.0% over four weeks, 10.5% over 12 weeks, and 11.4% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year35
Trend breadth67.3%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.31Latest activity-pressure read.
Pressure change711.6%Four-week change in activity pressure.
Leadership-1.70Latest relative-leadership reading.
RS change-313.1%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
A published fundamentals and factor snapshot is not available for this company.
No published fundamental snapshot is available for this company.
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.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment50/100
Weighted news tone is neutral across 4 relevant articles.
0 positive · 4 neutral · 0 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 earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-8.4%Distance below the 52-week high.
13-week volatility3.1%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 higher10 of 2615 weeks finished lower.
Best week+9.5%Week of 15 May.
Worst week-4.6%Week of 17 Apr.
Latest week+0.2%Week of 31 Jul.
Shape of recent returns
Strong gains2
Modest gains8
Flat weeks1
Modest losses14
Sharp losses1
Recent vol3.1%13-week weekly-return volatility.
Base vol2.9%52-week weekly-return volatility.
Up/down split24/27Count of positive and negative weeks in the 52-week window.
Average skew2.6% / -1.8%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.
SectorNZ Industrials
4-week rank5 / 18
Group average-7.3%
Trend breadth33.3%
Trend33.3%active weekly trend signals
MD77.8%positive activity pressure
RS44.4%positive relative leadership
Four-week leaders
IndustryNZ Marine Shipping
4-week rank1 / 3
Group average-3.1%
Trend breadth33.3%
Trend33.3%active weekly trend signals
MD100.0%positive activity pressure
RS33.3%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 tape45/100
Trend, activity pressure, participation, and risk combine to a 45/100 tape read.
Indicator analysis35/100Latest 12-week confirmation: trend 0/12, activity pressure 5/12, relative leadership 7/12.
Activity pressure 0.58; 2 reversal markers Next-Week ExpectancyNegative 43.57%Next-week expectancy is negative with a 43.57% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment50/100Weighted news tone is neutral across 4 relevant articles.
Spark New Zealand Limited (NZSE:SPK) most popular amongst retail investors who own 55% of the shares, institutions hold 45% Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 31 Jul 2026 | 8.50 NZD | 0.2% | 8.60 NZD | 6.73 NZD | 0.31 | -1.70 | 2.8K | Off |
| 24 Jul 2026 | 8.48 NZD | -0.2% | 8.59 NZD | 6.72 NZD | 0.33 | -2.38 | 4.0K | Off |
| 17 Jul 2026 | 8.50 NZD | -0.6% | 8.59 NZD | 6.71 NZD | 0.23 | -1.42 | 5.7K | Off |
| 10 Jul 2026 | 8.55 NZD | 0.6% | 8.58 NZD | 6.70 NZD | 0.16 | -1.26 | 13.7K | Off |
| 3 Jul 2026 | 8.50 NZD | 0.6% | 8.57 NZD | 6.68 NZD | 0.04 | -0.41 | 9.8K | Off |
| 26 Jun 2026 | 8.45 NZD | -2.9% | 8.56 NZD | 6.67 NZD | -0.11 | 0.18 | 170 | Off |
| 19 Jun 2026 | 8.70 NZD | -2.0% | 8.56 NZD | 6.66 NZD | -0.02 | 3.43 | 99 | Off |
| 12 Jun 2026 | 8.88 NZD | 1.5% | 8.56 NZD | 6.65 NZD | -0.01 | 6.88 | 2.2K | Off |
| 5 Jun 2026 | 8.75 NZD | -1.7% | 8.56 NZD | 6.63 NZD | -0.12 | 7.73 | 694 | Off |
| 29 May 2026 | 8.90 NZD | 0.8% | 8.57 NZD | 6.62 NZD | -0.40 | 9.54 | 21.0K | Off |
| 22 May 2026 | 8.83 NZD | 4.9% | 8.58 NZD | 6.61 NZD | -0.83 | 11.47 | 15.3K | Off |
| 15 May 2026 | 8.42 NZD | 9.5% | 8.59 NZD | 6.60 NZD | -1.17 | 7.21 | 18.2K | Off |
| 8 May 2026 | 7.69 NZD | 0.5% | 8.59 NZD | 6.59 NZD | -1.37 | -3.09 | 2.2K | Off |
| 1 May 2026 | 7.65 NZD | 0.0% | 8.61 NZD | 6.58 NZD | -1.33 | -2.18 | 1.5K | Off |
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.