- Activity pressure is positive on the latest completed week.
- Volume is elevated versus the 13-week average, confirming attention.
- Latest weekly return ranks in the strongest part of its sector group.
VSL
NZE
Week ended 07 Aug 2026
Weekly Investor Report
Vulcan Steel Limited · Basic Materials · Steel
Latest close
6.66 NZD
7.4%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is -3.1% below the Trend Line and sits at 27.6% of its 52-week range. The latest completed week returned 7.4%, after a 12.9% four-week move. The latest news-sentiment score is 50/100.
Setup score
50
out of 100
Latest Close
6.66 NZD
7 Aug 2026
1W Return
7.4%
latest completed week
4W Return
12.9%
short-term follow-through
12W Return
-4.4%
quarterly tape
Trend Breadth
32.7%
17 of 52 weeks active
Volume Ratio
4.0x
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.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Activity pressure is weak, so confirmation is not yet broad enough.
- 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
7.4%
Latest completed week; four-week move 12.9%.
Indicator stack
18/100
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
Recent
Activity-pressure buy-signal status for institutional accumulation timing.
News sentiment
50/100
18 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 -3.1% below the Trend Line and sits at 27.6% of its 52-week range. The latest completed week returned 7.4%, after a 12.9% 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 4.0x 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 0.0912-week average 0.06
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure3/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.09Current proprietary activity-pressure read.
Buy signals1Accumulation 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 12.9% over four weeks, -4.4% over 12 weeks, and 0.7% 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 year17
Trend breadth32.7%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.66Latest activity-pressure read.
Pressure change523.3%Four-week change in activity pressure.
Leadership-12.79Latest relative-leadership reading.
RS change44.9%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 18 relevant articles.
0 positive · 16 neutral · 2 negativePatient CapitalRecent
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
Recent buy signal in the last 8 weeks
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-25.8%Distance below the 52-week high.
13-week volatility5.2%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 higher11 of 2614 weeks finished lower.
Best week+7.4%Week of 7 Aug.
Worst week-10.4%Week of 5 Jun.
Latest week+7.4%Week of 7 Aug.
Shape of recent returns
Strong gains5
Modest gains6
Flat weeks1
Modest losses8
Sharp losses6
Recent vol5.2%13-week weekly-return volatility.
Base vol4.2%52-week weekly-return volatility.
Up/down split25/25Count of positive and negative weeks in the 52-week window.
Average skew3.6% / -3.4%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 Basic Materials
4-week rank2 / 10
Group average-1.1%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD40.0%positive activity pressure
RS10.0%positive relative leadership
Four-week leaders
IndustryNZ Steel
4-week rank1 / 2
Group average10.2%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD100.0%positive activity pressure
RS0.0%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 tape45/100
Trend, activity pressure, participation, and risk combine to a 45/100 tape read.
Indicator analysis15/100Latest 12-week confirmation: trend 0/12, activity pressure 3/12, relative leadership 0/12.
Activity pressure 0.09; No reversal markers Factors50/100No published factor snapshot is available yet.
Patient CapitalRecentActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
Recent buy signal in the last 8 weeks Sentiment50/100Weighted news tone is neutral across 18 relevant articles.
Vulcan Steel (ASX:VSL) on the Move: What's Behind the Interest in This Metal Distributor? 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 | 6.66 NZD | 7.4% | 6.87 NZD | 7.61 NZD | 0.66 | -12.79 | 2.0M | Off |
| 31 Jul 2026 | 6.20 NZD | -4.6% | 6.94 NZD | 7.62 NZD | 0.42 | -18.17 | 526.7K | Off |
| 24 Jul 2026 | 6.50 NZD | 5.7% | 7.01 NZD | 7.63 NZD | 0.20 | -14.85 | 765.6K | Off |
| 17 Jul 2026 | 6.15 NZD | 4.2% | 7.07 NZD | 7.64 NZD | -0.09 | -19.19 | 288.7K | Off |
| 10 Jul 2026 | 5.90 NZD | -0.8% | 7.15 NZD | 7.64 NZD | -0.16 | -23.22 | 1.4M | Off |
| 3 Jul 2026 | 5.95 NZD | -2.5% | 7.23 NZD | 7.66 NZD | -0.35 | -21.98 | 2.5K | Off |
| 26 Jun 2026 | 6.10 NZD | -1.3% | 7.30 NZD | 7.67 NZD | -0.52 | -19.44 | 9.9K | Off |
| 19 Jun 2026 | 6.18 NZD | 6.9% | 7.36 NZD | 7.69 NZD | -0.58 | -18.52 | 562.3K | Off |
| 12 Jun 2026 | 5.78 NZD | -2.9% | 7.43 NZD | 7.70 NZD | -0.69 | -23.32 | 809.1K | Off |
| 5 Jun 2026 | 5.95 NZD | -10.4% | 7.50 NZD | 7.71 NZD | -0.66 | -19.92 | 22.5K | Off |
| 29 May 2026 | 6.64 NZD | -1.6% | 7.58 NZD | 7.72 NZD | -0.73 | -11.52 | 85.1K | Off |
| 22 May 2026 | 6.75 NZD | -3.2% | 7.63 NZD | 7.73 NZD | -0.95 | -8.53 | 72.6K | Off |
| 15 May 2026 | 6.97 NZD | 6.4% | 7.68 NZD | 7.74 NZD | -1.14 | -5.52 | 66.1K | Off |
| 8 May 2026 | 6.55 NZD | 4.0% | 7.72 NZD | 7.74 NZD | -1.36 | -12.85 | 99.5K | 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.