- Volume is elevated versus the 13-week average, confirming attention.
MERKO
ATH
Week ended 07 Aug 2026
Weekly Investor Report
Mermeren Kombinat AD · Basic Materials · Other Industrial Metals & Mining
Latest close
26.40 EUR
-7.7%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is -14.7% below the Trend Line and sits at 24.0% of its 52-week range. The latest completed week returned -7.7%, after a -10.2% four-week move. The latest news-sentiment score is 55/100.
Setup score
32
out of 100
Latest Close
26.40 EUR
7 Aug 2026
1W Return
-7.7%
latest completed week
4W Return
-10.2%
short-term follow-through
12W Return
-10.9%
quarterly tape
Trend Breadth
25.0%
13 of 52 weeks active
Volume Ratio
3.8x
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.
- Activity pressure is negative, which weakens the current setup.
- 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
-7.7%
Latest completed week; four-week move -10.2%.
Indicator stack
14/22
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
55/100
3 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 -14.7% below the Trend Line and sits at 24.0% of its 52-week range. The latest completed week returned -7.7%, after a -10.2% 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 3.8x 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 0.1212-week average 0.09
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.12Current 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 -10.2% over four weeks, -10.9% over 12 weeks, and -20.6% 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 year13
Trend breadth25.0%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-1.11Latest activity-pressure read.
Pressure change-103.1%Four-week change in activity pressure.
Leadership-31.22Latest relative-leadership reading.
RS change-37.9%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 sentiment55/100
Weighted news tone is neutral across 3 relevant articles.
1 positive · 2 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-26.5%Distance below the 52-week high.
13-week volatility3.3%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 higher13 of 2612 weeks finished lower.
Best week+7.9%Week of 13 Mar.
Worst week-7.7%Week of 7 Aug.
Latest week-7.7%Week of 7 Aug.
Shape of recent returns
Strong gains2
Modest gains11
Flat weeks1
Modest losses6
Sharp losses6
Recent vol3.3%13-week weekly-return volatility.
Base vol3.5%52-week weekly-return volatility.
Up/down split23/25Count of positive and negative weeks in the 52-week window.
Average skew2.7% / -3.3%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.
SectorGR Basic Materials
4-week rank12 / 13
Group average-3.5%
Trend breadth46.2%
Trend46.2%active weekly trend signals
MD46.2%positive activity pressure
RS15.4%positive relative leadership
Four-week leaders
IndustryGR Other Industrial Metals & Mining
4-week rank1 / 1
Group average-10.2%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD0.0%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 tape31/100
Trend, activity pressure, participation, and risk combine to a 31/100 tape read.
Indicator analysis11/100Latest 12-week confirmation: trend 0/12, activity pressure 0/12, relative leadership 0/12.
Activity pressure 0.12; No 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 Sentiment55/100Weighted news tone is neutral across 3 relevant articles.
Mermeren Kombinat A.D. GDR Revenue Breakdown – ATHEX:MERKO 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 | 26.40 EUR | -7.7% | 30.94 EUR | 34.91 EUR | -1.11 | -31.22 | 1.4K | Off |
| 31 Jul 2026 | 28.60 EUR | -1.4% | 31.13 EUR | 34.94 EUR | -0.83 | -24.77 | 304 | Off |
| 24 Jul 2026 | 29.00 EUR | 0.7% | 31.28 EUR | 34.95 EUR | -0.62 | -21.92 | 97 | Off |
| 17 Jul 2026 | 28.80 EUR | -2.0% | 31.40 EUR | 34.96 EUR | -0.53 | -21.55 | 246 | Off |
| 10 Jul 2026 | 29.40 EUR | -2.0% | 31.57 EUR | 34.96 EUR | -0.55 | -22.64 | 466 | Off |
| 3 Jul 2026 | 30.00 EUR | -1.3% | 31.70 EUR | 34.96 EUR | -0.42 | -22.49 | 11 | Off |
| 26 Jun 2026 | 30.40 EUR | 0.7% | 31.83 EUR | 34.96 EUR | -0.48 | -19.37 | 0 | Off |
| 19 Jun 2026 | 30.20 EUR | -6.2% | 31.91 EUR | 34.96 EUR | -0.41 | -21.38 | 50 | Off |
| 12 Jun 2026 | 32.20 EUR | 6.0% | 32.01 EUR | 34.96 EUR | -0.35 | -15.05 | 0 | Off |
| 5 Jun 2026 | 30.39 EUR | 1.9% | 32.06 EUR | 34.95 EUR | -0.64 | -18.32 | 0 | Off |
| 29 May 2026 | 29.82 EUR | 0.0% | 32.19 EUR | 34.94 EUR | -0.57 | -20.93 | 774 | Off |
| 22 May 2026 | 29.82 EUR | 0.6% | 32.34 EUR | 34.93 EUR | -0.41 | -17.88 | 777 | Off |
| 15 May 2026 | 29.63 EUR | -3.1% | 32.46 EUR | 34.90 EUR | -0.44 | -18.04 | 528 | Off |
| 8 May 2026 | 30.58 EUR | -5.3% | 32.62 EUR | 34.89 EUR | -0.48 | -17.10 | 511 | 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.