- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Volume is elevated versus the 13-week average, confirming attention.
ALK
ASX
Week ended 07 Aug 2026
Weekly Investor Report
Alkane Resources Ltd · Basic Materials · Gold
Latest close
1.53 AUD
15.4%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is 0.8% above the Trend Line and sits at 68.4% of its 52-week range. The latest completed week returned 15.4%, after a 8.5% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is neither clearly cheap nor expensive. The latest news-sentiment score is 58/100.
Setup score
53
out of 100
Latest Close
1.53 AUD
7 Aug 2026
1W Return
15.4%
latest completed week
4W Return
8.5%
short-term follow-through
12W Return
1.3%
quarterly tape
Trend Breadth
84.6%
44 of 52 weeks active
Volume Ratio
1.8x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Activity pressure is negative, which weakens the current setup.
- 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
15.4%
Latest completed week; four-week move 8.5%.
Indicator stack
47/32
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
58/100
11 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 0.8% above the Trend Line and sits at 68.4% of its 52-week range. The latest completed week returned 15.4%, after a 8.5% 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 1.8x 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 0.2412-week average 0.38
12-week confirmation
Trend active4/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership10/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.24Current 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 8.5% over four weeks, 1.3% over 12 weeks, and 81.7% 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 year44
Trend breadth84.6%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.98Latest activity-pressure read.
Pressure change-4.1%Four-week change in activity pressure.
Leadership8.66Latest relative-leadership reading.
RS change-6.3%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
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.
Factor week 09 Aug 2026
Financial statements through 30 Jun 2025
Field coverage 24%
Model confidence 12%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength82/100Blend of value, momentum, and quality. Underlying universe rank 19; rank 1 is best.
Value73/100Relative valuation strength. Underlying universe rank 28; rank 1 is best.
Quality71/100Profitability and accounting quality. Underlying universe rank 30; rank 1 is best.
Momentum72/100Medium-term price momentum. Underlying universe rank 29; rank 1 is best.
Growth73/100Revenue and earnings growth. Underlying universe rank 28; rank 1 is best.
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
- - Market value relative to trailing revenue.
- EV / EBITDA
- - Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- - Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- - Gross profit retained from each unit of revenue.
- Operating margin
- - Operating profit retained from revenue.
- Free-cash-flow margin
- - Free cash flow generated from revenue.
- Return on invested capital
- - Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- - 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
- 0/9 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
- 0.0% Net share repurchases relative to market value.
- Shareholder yield
- 0.0% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- - 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.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment58/100
Weighted news tone is positive across 11 relevant articles.
3 positive · 8 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-18.8%Distance below the 52-week high.
13-week volatility6.7%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+20.8%Week of 10 Apr.
Worst week-11.6%Week of 24 Apr.
Latest week+15.4%Week of 7 Aug.
Shape of recent returns
Strong gains6
Modest gains5
Flat weeks1
Modest losses8
Sharp losses6
Recent vol6.7%13-week weekly-return volatility.
Base vol7.5%52-week weekly-return volatility.
Up/down split31/20Count of positive and negative weeks in the 52-week window.
Average skew6.3% / -6.0%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.
SectorAU Basic Materials
4-week rank49 / 100
Group average7.2%
Trend breadth21.0%
Trend21.0%active weekly trend signals
MD27.0%positive activity pressure
RS52.0%positive relative leadership
Four-week leaders
IndustryAU Gold
4-week rank40 / 100
Group average5.5%
Trend breadth6.0%
Trend6.0%active weekly trend signals
MD17.0%positive activity pressure
RS30.0%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 tape49/100
Trend, activity pressure, participation, and risk combine to a 49/100 tape read.
Indicator analysis37/100Latest 12-week confirmation: trend 4/12, activity pressure 0/12, relative leadership 10/12.
Activity pressure 0.24; No reversal markers Factors74/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 23; Small Cap Core rank 34 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment58/100Weighted news tone is positive across 11 relevant articles.
Alkane Resources (ASX:ALK) — Record Cashflow and a Proposed Maiden Dividend 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 | 1.53 AUD | 15.4% | 1.52 AUD | 0.85 AUD | -0.98 | 8.66 | 28.5M | Off |
| 31 Jul 2026 | 1.33 AUD | 0.0% | 1.52 AUD | 0.84 AUD | -1.27 | -1.98 | 22.1M | Off |
| 24 Jul 2026 | 1.33 AUD | 1.9% | 1.52 AUD | 0.84 AUD | -1.22 | 1.17 | 20.9M | Off |
| 17 Jul 2026 | 1.30 AUD | -7.8% | 1.52 AUD | 0.83 AUD | -1.16 | -0.11 | 13.7M | Off |
| 10 Jul 2026 | 1.42 AUD | -1.7% | 1.52 AUD | 0.83 AUD | -0.94 | 9.24 | 16.4M | Off |
| 3 Jul 2026 | 1.44 AUD | -0.7% | 1.51 AUD | 0.82 AUD | -1.05 | 11.91 | 4.2M | Off |
| 26 Jun 2026 | 1.45 AUD | -9.4% | 1.50 AUD | 0.82 AUD | -1.12 | 14.98 | 4.1M | Off |
| 19 Jun 2026 | 1.60 AUD | 13.1% | 1.48 AUD | 0.82 AUD | -1.14 | 27.31 | 13.8M | On |
| 12 Jun 2026 | 1.42 AUD | -2.1% | 1.46 AUD | 0.81 AUD | -1.25 | 14.39 | 4.7M | Off |
| 5 Jun 2026 | 1.45 AUD | -2.4% | 1.45 AUD | 0.81 AUD | -1.07 | 20.42 | 21.8M | On |
| 29 May 2026 | 1.48 AUD | 1.4% | 1.43 AUD | 0.80 AUD | -0.96 | 23.18 | 9.7M | On |
| 22 May 2026 | 1.46 AUD | -3.6% | 1.42 AUD | 0.80 AUD | -0.89 | 23.91 | 24.3M | On |
| 15 May 2026 | 1.51 AUD | -0.3% | 1.40 AUD | 0.79 AUD | -0.64 | 30.46 | 27.0M | On |
| 8 May 2026 | 1.52 AUD | 3.1% | 1.39 AUD | 0.79 AUD | -0.42 | 30.86 | 29.7M | 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.