- Activity pressure is positive on the latest completed week.
STU
NZE
Week ended 07 Aug 2026
Weekly Investor Report
Steel & Tube Holdings Limited · Basic Materials · Steel
Latest close
0.35 NZD
1.4%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is -20.6% below the Trend Line and sits at 7.4% of its 52-week range. The latest completed week returned 1.4%, after a 7.6% four-week move. The latest news-sentiment score is 50/100. Near-term considerations: volume confirmation is below normal.
Setup score
28
out of 100
Latest Close
0.35 NZD
7 Aug 2026
1W Return
1.4%
latest completed week
4W Return
7.6%
short-term follow-through
12W Return
-2.7%
quarterly tape
Trend Breadth
0.0%
0 of 52 weeks active
Volume Ratio
0.8x
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.
- Next-week expectancy is negative at 34.87% based on similar historical setup states.
- 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
1.4%
Latest completed week; four-week move 7.6%.
Indicator stack
0/79
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 34.87%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
50/100
35 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 -20.6% below the Trend Line and sits at 7.4% of its 52-week range. The latest completed week returned 1.4%, after a 7.6% 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 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
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 0.0212-week average 0.00
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure4/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.02Current 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 7.6% over four weeks, -2.7% over 12 weeks, and -49.3% 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 year0
Trend breadth0.0%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.43Latest activity-pressure read.
Pressure change266.1%Four-week change in activity pressure.
Leadership-36.79Latest relative-leadership reading.
RS change16.9%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 35 relevant articles.
8 positive · 21 neutral · 6 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-51.4%Distance below the 52-week high.
13-week volatility4.8%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 higher6 of 2618 weeks finished lower.
Best week+7.6%Week of 17 Jul.
Worst week-12.9%Week of 27 Feb.
Latest week+1.4%Week of 7 Aug.
Shape of recent returns
Strong gains3
Modest gains3
Flat weeks2
Modest losses9
Sharp losses9
Recent vol4.8%13-week weekly-return volatility.
Base vol3.8%52-week weekly-return volatility.
Up/down split18/30Count of positive and negative weeks in the 52-week window.
Average skew2.6% / -3.7%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 rank3 / 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 rank2 / 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 tape23/100
Trend, activity pressure, participation, and risk combine to a 23/100 tape read.
Indicator analysis16/100Latest 12-week confirmation: trend 0/12, activity pressure 4/12, relative leadership 0/12.
Activity pressure 0.02; No reversal markers Next-Week ExpectancyNegative 34.87%Next-week expectancy is negative with a 34.87% 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 35 relevant articles.
Price to earnings forward of Tien Len Steel Corporation Joint Stock Company – HOSE:TLH 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 | 0.35 NZD | 1.4% | 0.45 NZD | 0.79 NZD | 0.43 | -36.79 | 165.8K | Off |
| 31 Jul 2026 | 0.35 NZD | 4.5% | 0.46 NZD | 0.80 NZD | 0.29 | -37.96 | 212.1K | Off |
| 24 Jul 2026 | 0.34 NZD | -5.6% | 0.47 NZD | 0.80 NZD | 0.13 | -41.79 | 263.2K | Off |
| 17 Jul 2026 | 0.35 NZD | 7.6% | 0.48 NZD | 0.81 NZD | 0.00 | -38.85 | 315.4K | Off |
| 10 Jul 2026 | 0.33 NZD | 0.0% | 0.49 NZD | 0.81 NZD | -0.26 | -44.25 | 206.3K | Off |
| 3 Jul 2026 | 0.33 NZD | -5.7% | 0.50 NZD | 0.82 NZD | -0.45 | -44.32 | 150.1K | Off |
| 26 Jun 2026 | 0.35 NZD | 6.1% | 0.51 NZD | 0.82 NZD | -0.68 | -41.18 | 13.3K | Off |
| 19 Jun 2026 | 0.33 NZD | -8.3% | 0.52 NZD | 0.83 NZD | -0.97 | -45.21 | 370.1K | Off |
| 12 Jun 2026 | 0.36 NZD | -2.7% | 0.53 NZD | 0.83 NZD | -1.23 | -40.60 | 102.8K | Off |
| 5 Jun 2026 | 0.37 NZD | -1.3% | 0.54 NZD | 0.83 NZD | -1.39 | -38.58 | 61.9K | Off |
| 29 May 2026 | 0.38 NZD | 1.4% | 0.55 NZD | 0.84 NZD | -1.38 | -38.83 | 301.4K | Off |
| 22 May 2026 | 0.37 NZD | 1.4% | 0.56 NZD | 0.84 NZD | -1.39 | -39.14 | 171.1K | Off |
| 15 May 2026 | 0.36 NZD | -6.4% | 0.57 NZD | 0.85 NZD | -1.39 | -40.46 | 470.6K | Off |
| 8 May 2026 | 0.39 NZD | -1.3% | 0.58 NZD | 0.85 NZD | -1.34 | -38.07 | 853.8K | 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.