- The trend backdrop is active with a 8-week active streak.
- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
SCL
NZE
Week ended 07 Aug 2026
Weekly Investor Report
Scales Corporation Limited · Consumer Defensive · Packaged Foods
Latest close
6.78 NZD
4.3%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 10.9% above the Trend Line and sits at 97.1% of its 52-week range. The latest completed week returned 4.3%, after a 2.6% four-week move. The latest news-sentiment score is 57/100. Near-term considerations: price is close to its 52-week high.
Setup score
70
out of 100
Latest Close
6.78 NZD
7 Aug 2026
1W Return
4.3%
latest completed week
4W Return
2.6%
short-term follow-through
12W Return
14.3%
quarterly tape
Trend Breadth
96.2%
50 of 52 weeks active
Volume Ratio
1.7x
vs 13-week average
- 5 reversal markers appear in the recent smart-money tape.
- Price is close to its 52-week high; watch for continuation or exhaustion.
- 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
4.3%
Latest completed week; four-week move 2.6%.
Indicator stack
81/85
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.
News sentiment
57/100
7 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 active. Price is 10.9% above the Trend Line and sits at 97.1% of its 52-week range. The latest completed week returned 4.3%, after a 2.6% 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 1.7x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
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
7 Aug
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 0.6612-week average 0.49
12-week confirmation
Trend active10/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure5/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.66Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers55 reversal markers
No recent accumulation markers. 5 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 2.6% over four weeks, 14.3% over 12 weeks, and 46.2% over one year. The current trend has remained active for 8 consecutive weeks.
Performance by holding period
Active trend streak8 weeks
Active weeks in one year50
Trend breadth96.2%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure1.20Latest activity-pressure read.
Pressure change162.4%Four-week change in activity pressure.
Leadership11.29Latest relative-leadership reading.
RS change1.0%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 sentiment57/100
Weighted news tone is neutral across 7 relevant articles.
2 positive · 5 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-1.0%Distance below the 52-week high.
13-week volatility2.9%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.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher14 of 2611 weeks finished lower.
Best week+5.6%Week of 3 Jul.
Worst week-4.0%Week of 15 May.
Latest week+4.3%Week of 7 Aug.
Shape of recent returns
Strong gains3
Modest gains11
Flat weeks1
Modest losses11
Sharp losses0
Recent vol2.9%13-week weekly-return volatility.
Base vol2.7%52-week weekly-return volatility.
Up/down split29/21Count of positive and negative weeks in the 52-week window.
Average skew2.7% / -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 Consumer Defensive
4-week rank6 / 14
Group average1.0%
Trend breadth42.9%
Trend42.9%active weekly trend signals
MD50.0%positive activity pressure
RS50.0%positive relative leadership
Four-week leaders
IndustryNZ Packaged Foods
4-week rank3 / 6
Group average2.8%
Trend breadth50.0%
Trend50.0%active weekly trend signals
MD66.7%positive activity pressure
RS50.0%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 tape70/100
Trend, activity pressure, participation, and risk combine to a 70/100 tape read.
Indicator analysis61/100Latest 12-week confirmation: trend 10/12, activity pressure 5/12, relative leadership 12/12.
Activity pressure 0.66; 5 reversal markers Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment57/100Weighted news tone is neutral across 7 relevant articles.
Non-bank lenders shed stigma as sector scales up 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 |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 6.78 NZD | 4.3% | 6.11 NZD | 4.30 NZD | 1.20 | 11.29 | 726.0K | On |
| 31 Jul 2026 | 6.50 NZD | -0.5% | 6.08 NZD | 4.28 NZD | 1.16 | 8.28 | 661.0K | On |
| 24 Jul 2026 | 6.53 NZD | -2.5% | 6.05 NZD | 4.25 NZD | 1.12 | 8.76 | 391.0K | On |
| 17 Jul 2026 | 6.70 NZD | 1.4% | 6.03 NZD | 4.23 NZD | 0.88 | 12.79 | 836.0K | On |
| 10 Jul 2026 | 6.61 NZD | 0.6% | 6.00 NZD | 4.21 NZD | 0.46 | 11.18 | 266.1K | On |
| 3 Jul 2026 | 6.57 NZD | 5.6% | 5.98 NZD | 4.19 NZD | -0.11 | 12.49 | 91.1K | On |
| 26 Jun 2026 | 6.22 NZD | -0.5% | 5.96 NZD | 4.16 NZD | -0.66 | 8.03 | 105.8K | On |
| 19 Jun 2026 | 6.25 NZD | 4.6% | 5.95 NZD | 4.14 NZD | -0.89 | 9.06 | 176.4K | On |
| 12 Jun 2026 | 5.98 NZD | 1.7% | 5.94 NZD | 4.12 NZD | -1.11 | 5.54 | 56.7K | Off |
| 5 Jun 2026 | 5.88 NZD | -1.8% | 5.92 NZD | 4.10 NZD | -1.07 | 5.99 | 70.9K | Off |
| 29 May 2026 | 5.99 NZD | 3.4% | 5.93 NZD | 4.08 NZD | -0.76 | 7.77 | 605.6K | On |
| 22 May 2026 | 5.79 NZD | -2.3% | 5.93 NZD | 4.06 NZD | -0.71 | 6.78 | 855.7K | On |
| 15 May 2026 | 5.93 NZD | -4.0% | 5.93 NZD | 4.04 NZD | -0.70 | 10.09 | 568.1K | On |
| 8 May 2026 | 6.17 NZD | 3.3% | 5.93 NZD | 4.02 NZD | -0.63 | 13.48 | 428.6K | 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.