NWL ASX Week ended 24 Jul 2026

Weekly Investor Report

Name: NWL weekly investor report
Creator: Sharemaestro
License: https://sharemaestro.com/data-license/

Netwealth Group Limited · Technology · Software - Application

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Latest close 20.98 AUD

-10.6% latest week

Weekly setup

Mixed setup

The weekly trend is not active. Price is -8.9% below the Trend Line and sits at 6.6% of its 52-week range. The latest completed week returned -10.6%, after a 5.5% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is expensive relative to peers. The latest news-sentiment score is 55/100. Near-term considerations: volume confirmation is below normal.

Setup score 31 out of 100

Latest Close 20.98 AUD 24 Jul 2026

1W Return -10.6% latest completed week

4W Return 5.5% short-term follow-through

12W Return -10.5% quarterly tape

Trend Breadth 15.4% 8 of 52 weeks active

Volume Ratio 0.9x vs 13-week average

What is working

Activity pressure is positive on the latest completed week.

What could go wrong

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 37.07% based on similar historical setup states.

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.

Price follow-through -10.6% Latest completed week; four-week move 5.5%. Indicator stack 8/100 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 Quiet Activity-pressure buy-signal status for institutional accumulation timing. Next-Week Expectancy Negative 37.07% Historical one-week expectancy contributes to the evidence score when direction is confirmed. News sentiment 55/100 17 relevant articles in the latest sentiment read.

01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is -8.9% below the Trend Line and sits at 6.6% of its 52-week range. The latest completed week returned -10.6%, after a 5.5% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value

Price Trend Line Fair Value

Position in the 52-week range

Close Trend Fair

19.80 AUD 6.6% 37.72 AUD

Range location6.6%Shows where the latest close sits between the 52-week low and high.

Trend distance-8.9%Price premium or discount versus the weekly Trend Line.

Fair-value gap-11.8%Premium demand or model discount versus Sharemaestro Fair Value.

High-water gap-44.4%Distance from the latest 52-week high.

02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.9x 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

30 Jan 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

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 0.07

12-week confirmation

Trend active0/12Active trend-backdrop weeks in the latest 12-week window.

Positive pressure8/12Weeks 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 5.5% over four weeks, -10.5% over 12 weeks, and -41.9% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W-10.6%

4W5.5%

12W-10.5%

26W-18.3%

52W-41.9%

Active trend streak0 weeks

Active weeks in one year8

Trend breadth15.4%

Activity pressure vs relative leadership

Activity pressureRelative leadership

Pressure0.87Latest activity-pressure read.

Pressure change582.9%Four-week change in activity pressure.

Leadership-19.86Latest relative-leadership reading.

RS change25.7%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 ranks strongly versus its universe; growth ranks strongly; valuation is expensive relative to peers.

Open full factor analysis

Factor week 26 Jul 2026 Financial statements through 30 Jun 2025 Field coverage 64% Model confidence 34%

Relative factor standing

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

Overall factor strength15/100Blend of value, momentum, and quality. Underlying universe rank 86; rank 1 is best.

Value5/100Relative valuation strength. Underlying universe rank 96; rank 1 is best.

Quality92/100Profitability and accounting quality. Underlying universe rank 9; rank 1 is best.

Momentum5/100Medium-term price momentum. Underlying universe rank 96; rank 1 is best.

Growth97/100Revenue and earnings growth. Underlying universe rank 4; 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: 44.2x
Price / sales: 16.5x
EV / EBITDA: -
Free-cash-flow yield: 2.4%

Business quality

Margins and the return generated on invested capital.

Gross margin: -
Operating margin: -
Free-cash-flow margin: 38.1%
Return on invested capital: -

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth: 26.6%
EPS growth: 39.2%
Free-cash-flow growth: 39.8%
Piotroski F-score: 3/9

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield: 2.0%
Buyback yield: -0.3%
Shareholder yield: 1.7%
Net debt / EBITDA: -

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 17 relevant articles.

7 positive · 8 neutral · 2 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 earnings-No event is currently stored.

Options expected move-Nearest-chain priced movement where available.

52-week drawdown-44.4%Distance below the 52-week high.

13-week volatility5.6%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.

30 Jan 27 Feb 27 Mar 24 Apr 22 May 19 Jun 24 Jul

Weeks higher7 of 2619 weeks finished lower.

Best week+21.1%Week of 20 Feb.

Worst week-13.9%Week of 13 Mar.

Latest week-10.6%Week of 24 Jul.

Shape of recent returns

Strong gains5

Modest gains2

Flat weeks0

Modest losses10

Sharp losses9

Recent vol5.6%13-week weekly-return volatility.

Base vol6.0%52-week weekly-return volatility.

Up/down split15/37Count of positive and negative weeks in the 52-week window.

Average skew6.2% / -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.

SectorAU Technology

4-week rank14 / 100

Group average-6.3%

Trend breadth22.0%

Trend22.0%active weekly trend signals

MD50.0%positive activity pressure

RS23.0%positive relative leadership

Four-week leaders

SEN · ASX28.5%NVU · ASX22.0%BVS · ASX18.4%BLG · ASX18.0%CAT · ASX17.2%

IndustryAU Software - Application

4-week rank7 / 52

Group average-5.9%

Trend breadth15.4%

Trend15.4%active weekly trend signals

MD50.0%positive activity pressure

RS11.5%positive relative leadership

Four-week leaders

JCS · ASX26.7%NVU · ASX22.0%BVS · ASX18.4%VR1 · ASX15.8%HAL · ASX12.5%

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 tape29/100

Trend, activity pressure, participation, and risk combine to a 29/100 tape read.

Indicator analysis24/100

Latest 12-week confirmation: trend 0/12, activity pressure 8/12, relative leadership 0/12.

Activity pressure 0.12; No reversal markers Next-Week ExpectancyNegative 37.07%

Next-week expectancy is negative with a 37.07% historical one-week setup read.

Adds short-term historical context without overriding trend, activity, or relative leadership. Factors30/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 67 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Sentiment55/100

Weighted news tone is neutral across 17 relevant articles.

Why Is Netwealth (ASX:NWL) Facing a Platform Scale Debate? Insiders50/100

No recent insider transaction evidence is stored.

Earnings50/100

No stored earnings event is currently attached to this ticker.

Week	Close	Return	Trend Line	Fair Value	Pressure	Leadership	Volume	Trend
24 Jul 2026	20.98 AUD	-10.6%	23.04 AUD	23.78 AUD	0.87	-19.86	2.0M	Off
17 Jul 2026	23.48 AUD	-1.6%	23.23 AUD	23.74 AUD	0.87	-11.57	2.7M	Off
10 Jul 2026	23.86 AUD	5.4%	23.28 AUD	23.68 AUD	0.62	-11.09	4.9M	Off
3 Jul 2026	22.63 AUD	13.8%	23.37 AUD	23.61 AUD	0.14	-16.69	2.9M	Off
26 Jun 2026	19.89 AUD	-6.4%	23.49 AUD	23.54 AUD	-0.18	-26.73	3.4M	Off
19 Jun 2026	21.25 AUD	-1.8%	23.78 AUD	23.50 AUD	-0.28	-23.02	1.8M	Off
12 Jun 2026	21.63 AUD	1.7%	23.96 AUD	23.45 AUD	-0.20	-22.00	812.0K	Off
5 Jun 2026	21.26 AUD	-0.5%	24.17 AUD	23.40 AUD	-0.06	-22.28	1.9M	Off
29 May 2026	21.37 AUD	-4.3%	24.44 AUD	23.34 AUD	0.10	-23.43	2.0M	Off
22 May 2026	22.32 AUD	-0.3%	24.75 AUD	23.28 AUD	0.30	-19.96	1.9M	Off
15 May 2026	22.39 AUD	-0.8%	25.05 AUD	23.22 AUD	0.31	-19.94	2.0M	Off
8 May 2026	22.58 AUD	-3.7%	25.37 AUD	23.15 AUD	0.39	-20.79	1.6M	Off
1 May 2026	23.44 AUD	-2.8%	25.69 AUD	23.09 AUD	0.34	-18.07	1.5M	Off
24 Apr 2026	24.12 AUD	-5.1%	25.91 AUD	23.03 AUD	0.05	-16.58	2.1M	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.