- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
ATM
NZE
Week ended 07 Aug 2026
Weekly Investor Report
The a2 Milk Company Limited · Consumer Defensive · Packaged Foods
Latest close
8.25 NZD
0.0%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is -10.7% below the Trend Line and sits at 39.2% of its 52-week range. The latest completed week returned 0.0%, after a -5.7% four-week move. The latest news-sentiment score is 50/100. Near-term considerations: volume confirmation is below normal.
Setup score
35
out of 100
Latest Close
8.25 NZD
7 Aug 2026
1W Return
0.0%
latest completed week
4W Return
-5.7%
short-term follow-through
12W Return
10.0%
quarterly tape
Trend Breadth
67.3%
35 of 52 weeks active
Volume Ratio
0.9x
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.
- Activity pressure is weak, so confirmation is not yet broad enough.
- The share remains more than 20% below its 52-week high.
- 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
0.0%
Latest completed week; four-week move -5.7%.
Indicator stack
37/67
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
50/100
1 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 -10.7% below the Trend Line and sits at 39.2% of its 52-week range. The latest completed week returned 0.0%, after a -5.7% 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 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
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 0.2012-week average 0.25
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure2/12Weeks 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 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 -5.7% over four weeks, 10.0% over 12 weeks, and -1.5% 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 year35
Trend breadth67.3%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.24Latest activity-pressure read.
Pressure change160.1%Four-week change in activity pressure.
Leadership-17.40Latest relative-leadership reading.
RS change-38.1%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 sentiment50/100
Weighted news tone is neutral across 1 relevant articles.
0 positive · 1 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-30.0%Distance below the 52-week high.
13-week volatility7.1%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+15.0%Week of 12 Jun.
Worst week-18.7%Week of 17 Apr.
Latest week+0.0%Week of 7 Aug.
Shape of recent returns
Strong gains4
Modest gains7
Flat weeks1
Modest losses7
Sharp losses7
Recent vol7.1%13-week weekly-return volatility.
Base vol5.9%52-week weekly-return volatility.
Up/down split27/23Count of positive and negative weeks in the 52-week window.
Average skew4.0% / -4.4%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.
SectorNZ Consumer Defensive
4-week rank13 / 14
Group average1.0%
Trend breadth42.9%
Trend42.9%active weekly trend signals
MD50.0%positive activity pressure
RS50.0%positive relative leadership
Four-week leaders
IndustryNZ Packaged Foods
4-week rank6 / 6
Group average2.8%
Trend breadth50.0%
Trend50.0%active weekly trend signals
MD66.7%positive activity pressure
RS50.0%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 tape34/100
Trend, activity pressure, participation, and risk combine to a 34/100 tape read.
Indicator analysis16/100Latest 12-week confirmation: trend 0/12, activity pressure 2/12, relative leadership 0/12.
Activity pressure 0.20; 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 Sentiment50/100Weighted news tone is neutral across 1 relevant articles.
The a2 Milk Company Limited (NZSE:ATM) Just Reported And Analysts Have Been Lifting Their Price Targets 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 | 8.25 NZD | 0.0% | 9.23 NZD | 7.52 NZD | 0.24 | -17.40 | 1.4M | Off |
| 31 Jul 2026 | 8.25 NZD | -2.4% | 9.31 NZD | 7.50 NZD | 0.13 | -16.77 | 1.1M | Off |
| 24 Jul 2026 | 8.45 NZD | 1.0% | 9.40 NZD | 7.48 NZD | -0.03 | -15.35 | 1.2M | Off |
| 17 Jul 2026 | 8.37 NZD | -4.3% | 9.46 NZD | 7.46 NZD | -0.27 | -15.78 | 1.8M | Off |
| 10 Jul 2026 | 8.75 NZD | 0.7% | 9.52 NZD | 7.44 NZD | -0.40 | -12.60 | 1.1M | Off |
| 3 Jul 2026 | 8.69 NZD | 3.5% | 9.56 NZD | 7.42 NZD | -0.74 | -12.08 | 325.4K | Off |
| 26 Jun 2026 | 8.39 NZD | 8.4% | 9.62 NZD | 7.40 NZD | -1.06 | -14.38 | 290.8K | Off |
| 19 Jun 2026 | 7.75 NZD | 11.6% | 9.70 NZD | 7.38 NZD | -1.25 | -21.07 | 6.9M | Off |
| 12 Jun 2026 | 6.94 NZD | 15.0% | 9.81 NZD | 7.36 NZD | -1.55 | -28.93 | 650.9K | Off |
| 5 Jun 2026 | 6.04 NZD | -7.9% | 9.93 NZD | 7.35 NZD | -1.58 | -37.39 | 448.7K | Off |
| 29 May 2026 | 6.55 NZD | -5.2% | 10.08 NZD | 7.35 NZD | -1.44 | -32.87 | 2.5M | Off |
| 22 May 2026 | 6.91 NZD | -7.9% | 10.22 NZD | 7.35 NZD | -1.37 | -28.18 | 1.6M | Off |
| 15 May 2026 | 7.50 NZD | -6.0% | 10.33 NZD | 7.34 NZD | -1.27 | -22.20 | 1.9M | Off |
| 8 May 2026 | 7.98 NZD | -10.3% | 10.43 NZD | 7.32 NZD | -1.02 | -18.80 | 5.3M | 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.