LUNG NASDAQ Week ended 31 Jul 2026

Weekly Investor Report

Pulmonx Corp · Healthcare · Medical Devices

Latest close 1.63 USD
39.3% latest week
Weekly setup

Mixed setup

The weekly trend is not active. Price is 9.5% above the Trend Line and sits at 28.4% of its 52-week range. The latest completed week returned 39.3%, after a 17.3% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is neither clearly cheap nor expensive. Options positioning is volatility with 59/100 conviction, while the latest news-sentiment score is 51/100.

Setup score 46 out of 100
Latest Close 1.63 USD 31 Jul 2026
1W Return 39.3% latest completed week
4W Return 17.3% short-term follow-through
12W Return 29.4% quarterly tape
Trend Breadth 0.0% 0 of 52 weeks active
Volume Ratio 2.9x vs 13-week average
What is working
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Activity pressure is positive on the latest completed week.
  • Volume is elevated versus the 13-week average, confirming attention.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • 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.
  • The share remains more than 20% below its 52-week high.
What to watch next
  • 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.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is 9.5% above the Trend Line and sits at 28.4% of its 52-week range. The latest completed week returned 39.3%, after a 17.3% four-week move.

Study the full chart

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 2.9x 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
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 0.0712-week average 0.07

12-week confirmation

Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure11/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.07Current 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 17.3% over four weeks, 29.4% over 12 weeks, and 1.2% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W39.3%
4W17.3%
12W29.4%
26W-0.6%
52W1.2%
Active trend streak0 weeks
Active weeks in one year0
Trend breadth0.0%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.71Latest activity-pressure read.
Pressure change23.2%Four-week change in activity pressure.
Leadership-9.10Latest relative-leadership reading.
RS change70.7%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is neither clearly cheap nor expensive.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Mar 2026 Field coverage 82% Model confidence 78%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength42/100Blend of value, momentum, and quality. Underlying universe rank 59; rank 1 is best.
Value46/100Relative valuation strength. Underlying universe rank 55; rank 1 is best.
Quality45/100Profitability and accounting quality. Underlying universe rank 56; rank 1 is best.
Momentum46/100Medium-term price momentum. Underlying universe rank 55; rank 1 is best.
Growth46/100Revenue and earnings growth. Underlying universe rank 55; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
-
Price divided by trailing earnings.
Price / sales
0.6x
Market value relative to trailing revenue.
EV / EBITDA
-
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
-66.0%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
75.5%
Gross profit retained from each unit of revenue.
Operating margin
-55.6%
Operating profit retained from revenue.
Free-cash-flow margin
-32.9%
Free cash flow generated from revenue.
Return on invested capital
-91.2%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
1.2%
Latest one-year revenue growth.
EPS growth
-
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-
Latest one-year free-cash-flow growth.
Piotroski F-score
3/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
-
Cash dividends relative to market value.
Buyback yield
-1.2%
Net share repurchases relative to market value.
Shareholder yield
-1.2%
Dividend yield plus net buyback yield.
Net debt / EBITDA
0.1x
Balance-sheet debt relative to operating cash earnings.
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.

Options positioningVolatility

LUNG shows volatility options pressure with a 59/100 conviction score, put-call volume ratio of 9.87, expected move of 45.4%, and Sharemaestro trend signal inactive.

Conviction59/100
Expected move45.4%
Put/call volume9.87
Pressure-94
Speculation8
Volatility89
Trend agreement33
Open options detail
Insider activity6 / 14

6 acquisitions and 14 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment51/100

Weighted news tone is neutral across 52 relevant articles.

8 positive · 36 neutral · 8 negative
Patient 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 earnings29 JulLatest stored earnings date was 29 Jul 2026.
Options expected move45.4%Nearest-chain priced movement where available.
52-week drawdown-43.6%Distance below the 52-week high.
13-week volatility14.8%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher13 of 2613 weeks finished lower.
Best week+39.3%Week of 31 Jul.
Worst week-19.0%Week of 20 Mar.
Latest week+39.3%Week of 31 Jul.

Shape of recent returns

Strong gains10
Modest gains3
Flat weeks0
Modest losses2
Sharp losses11
Recent vol14.8%13-week weekly-return volatility.
Base vol12.9%52-week weekly-return volatility.
Up/down split27/25Count of positive and negative weeks in the 52-week window.
Average skew10.4% / -9.5%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.

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.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 20261.63 USD39.3%1.49 USD5.71 USD0.71-9.107.2MOff
24 Jul 20261.17 USD-16.4%1.51 USD5.79 USD0.54-34.661.3MOff
17 Jul 20261.40 USD-9.1%1.55 USD5.86 USD0.79-25.37863.3KOff
10 Jul 20261.54 USD10.8%1.59 USD5.94 USD0.78-23.301.1MOff
3 Jul 20261.39 USD11.2%1.62 USD6.01 USD0.57-31.021.7MOff
26 Jun 20261.25 USD-2.3%1.64 USD6.08 USD0.55-38.716.2MOff
19 Jun 20261.28 USD-6.6%1.65 USD6.16 USD0.56-41.232.3MOff
12 Jun 20261.37 USD-10.5%1.66 USD6.23 USD0.63-36.771.3MOff
5 Jun 20261.53 USD-7.3%1.66 USD6.31 USD0.57-29.501.5MOff
29 May 20261.65 USD6.5%1.67 USD6.38 USD0.37-29.101.4MOff
22 May 20261.55 USD22.0%1.69 USD6.45 USD0.13-33.232.4MOff
15 May 20261.27 USD0.8%1.69 USD6.51 USD-0.17-45.912.2MOff
8 May 20261.26 USD-6.7%1.70 USD6.58 USD-0.22-47.963.0MOff
1 May 20261.35 USD6.3%1.71 USD6.66 USD-0.37-42.843.7MOff
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.