LAW NYSE Week ended 31 Jul 2026

Weekly Investor Report

CS Disco LLC · Technology · Software - Application

Latest close 3.90 USD
10.8% latest week
Weekly setup

Mixed setup

The weekly trend is not active. Price is -8.3% below the Trend Line and sits at 21.8% of its 52-week range. The latest completed week returned 10.8%, after a 0.5% four-week move. The latest factor snapshot indicates quality ranks weakly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive. Options positioning is volatility with 50/100 conviction, while the latest news-sentiment score is 49/100. Near-term considerations: volume confirmation is below normal; earnings are due in 4d.

Setup score 33 out of 100
Latest Close 3.90 USD 31 Jul 2026
1W Return 10.8% latest completed week
4W Return 0.5% short-term follow-through
12W Return -5.3% quarterly tape
Trend Breadth 42.3% 22 of 52 weeks active
Volume Ratio 0.8x 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.
  • Activity pressure is weak, so confirmation is not yet broad enough.
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 -8.3% below the Trend Line and sits at 21.8% of its 52-week range. The latest completed week returned 10.8%, after a 0.5% 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 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
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 0.2012-week average 0.20

12-week confirmation

Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure9/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.20Current proprietary activity-pressure read.
Buy signals1Accumulation 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 0.5% over four weeks, -5.3% over 12 weeks, and -1.8% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W10.8%
4W0.5%
12W-5.3%
26W-37.6%
52W-1.8%
Active trend streak0 weeks
Active weeks in one year22
Trend breadth42.3%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.14Latest activity-pressure read.
Pressure change297.0%Four-week change in activity pressure.
Leadership-31.67Latest relative-leadership reading.
RS change3.4%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 weakly versus its universe; 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 strength10/100Blend of value, momentum, and quality. Underlying universe rank 91; rank 1 is best.
Value35/100Relative valuation strength. Underlying universe rank 66; rank 1 is best.
Quality16/100Profitability and accounting quality. Underlying universe rank 85; rank 1 is best.
Momentum20/100Medium-term price momentum. Underlying universe rank 81; rank 1 is best.
Growth71/100Revenue and earnings growth. Underlying universe rank 30; 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
1.4x
Market value relative to trailing revenue.
EV / EBITDA
-
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
-6.0%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
74.9%
Gross profit retained from each unit of revenue.
Operating margin
-25.8%
Operating profit retained from revenue.
Free-cash-flow margin
-8.0%
Free cash flow generated from revenue.
Return on invested capital
-27.9%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
11.1%
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
5/9
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
-0.1%
Net share repurchases relative to market value.
Shareholder yield
-0.1%
Dividend yield plus net buyback yield.
Net debt / EBITDA
0.3x
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

LAW shows volatility options pressure with a 50/100 conviction score, put-call volume ratio of 0.00, expected move of 38.6%, and Sharemaestro trend signal inactive.

Conviction50/100
Expected move38.6%
Put/call volume0.00
Pressure95
Speculation2
Volatility96
Trend agreement0
Open options detail
Insider activity9 / 5

9 acquisitions and 5 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 sentiment49/100

Weighted news tone is neutral across 33 relevant articles.

6 positive · 21 neutral · 6 negative
Patient CapitalRecent

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

Recent buy signal in the last 8 weeks
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 earnings4dNext report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
Options expected move38.6%Nearest-chain priced movement where available.
52-week drawdown-57.2%Distance below the 52-week high.
13-week volatility6.9%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 higher10 of 2616 weeks finished lower.
Best week+47.4%Week of 6 Mar.
Worst week-35.4%Week of 6 Feb.
Latest week+10.8%Week of 31 Jul.

Shape of recent returns

Strong gains7
Modest gains3
Flat weeks0
Modest losses4
Sharp losses12
Recent vol6.9%13-week weekly-return volatility.
Base vol12.0%52-week weekly-return volatility.
Up/down split26/26Count of positive and negative weeks in the 52-week window.
Average skew9.1% / -7.8%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 20263.90 USD10.8%4.25 USD5.71 USD0.14-31.671.3MOff
24 Jul 20263.52 USD-13.1%4.37 USD5.75 USD0.10-37.851.1MOff
17 Jul 20264.05 USD4.9%4.51 USD5.78 USD0.26-29.221.3MOff
10 Jul 20263.86 USD-0.5%4.66 USD5.82 USD0.04-33.781.0MOff
3 Jul 20263.88 USD5.4%4.82 USD5.85 USD-0.07-32.78781.4KOff
26 Jun 20263.68 USD6.1%4.94 USD5.88 USD-0.08-35.201.7MOff
19 Jun 20263.47 USD-3.1%5.05 USD5.91 USD-0.05-40.681.1MOff
12 Jun 20263.58 USD-5.0%5.16 USD5.93 USD0.06-38.55968.8KOff
5 Jun 20263.77 USD-5.5%5.27 USD5.96 USD0.29-35.241.3MOff
29 May 20263.99 USD3.9%5.36 USD5.99 USD0.34-33.571.3MOff
22 May 20263.84 USD0.3%5.44 USD6.01 USD0.33-35.371.8MOff
15 May 20263.83 USD-7.0%5.55 USD6.04 USD0.17-35.224.2MOff
8 May 20264.12 USD-11.6%5.62 USD6.06 USD-0.14-30.483.3MOff
1 May 20264.66 USD12.8%5.68 USD6.07 USD-0.55-19.812.4MOff
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.