ASX Equity Snapshot

BSL Weekly Equity Report

BlueScope Steel Limited

Interactive chart JSON snapshot
Latest Close 33.48 AUD 12 Jun 2026
1W Return 0.9% latest completed week
4W Return 11.1% short-term follow-through
12W Return 22.6% quarterly tape
Trend Breadth 69.2% 36 of 52 weeks active
Volume Ratio 0.7x vs 13-week average
Company Brief

What the company does

BlueScope Steel Limited engages in the production and marketing of metal-coated and painted steel building products in Australia, New Zealand, Asia, and North America. The company operates through five segments: Australian Steel Products, North Star BlueScope Steel, Buildings and Coated Products North America, Coated Products Asia, and New Zealand & Pacific Islands. It offers coated and painted flat steel products, including zinc/aluminium alloy coated steel; and galvanized and zinc/aluminium alloy coated pre-painted steel, as well as manufactures pipes and tubes. The company is also involved in the supply of hot rolled coils; the provision of …

Snapshot

What the weekly tape is saying

BSL closed the latest completed week at 33.48 AUD. The 4-week return is 11.1% and the 12-week return is 22.6%. Trend Signal is active, Market Dynamics is 0.73. Setup signature: Leadership continuation with a 82/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 21.6%
Volume 0.7x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 83 Persistence of active Trend Signal over the last year and current streak.
Momentum 96 Blend of 4-week and 12-week follow-through.
Dynamics 100 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 100 Relative leadership and short-term RS change.
Volume 29 Participation compared with the 13-week volume baseline.
Risk Control 83 Drawdown and recent weekly volatility pressure.

16-week signal tape

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
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
27.53 AUD
Vs Trend Line
21.6%
Fair Value
21.37 AUD
Vs Fair Value
56.7%
52W High
34.14 AUD
52W Low
19.15 AUD
Drawdown
-1.9%
Range Position
95.6%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W 0.9%
4W 11.1%
12W 22.6%
26W 47.5%
52W 59.1%

Trend read

Active Streak
24 weeks
52W Active Weeks
36
52W Active Breadth
69.2%
Sector Scope
AU Basic Materials
Sector Rank
146 of 722
Sector Percentile
79.9%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
0.73
4W MD Change
1475.1%
Relative Strength
33.19
4W RS Change
26.7%
Expectation
Undecided
Probability
50.28%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
3.8M
13W Average
5.5M
52W Average
8.8M
Vs 13W
0.7x
Vs 52W
0.4x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
3.2%
52W Volatility
4.7%
Upside Weeks
31
Downside Weeks
21
Downside Breadth
40.4%
Avg Gain / Loss
3.3% / -2.4%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
ASX
Country
AU
Sector
Basic Materials
Industry
Steel
Currency
AUD
Market Cap
13.9B

Opportunity signals

  • Trend Signal is active with a 24-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Market Dynamics is positive on the latest completed week.

Risk signals

  • No major top-level risk cluster is currently dominant.

Watch next

  • Price is close to its 52-week high; watch for continuation or exhaustion.
  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 33.48 AUD 0.9% 27.53 AUD 21.37 AUD 0.73 33.19 3.8M On
5 Jun 2026 33.19 AUD 4.6% 27.13 AUD 21.27 AUD 0.47 36.00 4.2M On
29 May 2026 31.72 AUD 5.2% 26.73 AUD 21.17 AUD 0.24 29.48 6.7M On
22 May 2026 30.15 AUD 0.0% 26.39 AUD 21.08 AUD -0.00 25.09 5.0M On
15 May 2026 30.14 AUD 0.0% 26.08 AUD 20.99 AUD -0.05 26.20 5.0M On
8 May 2026 30.13 AUD 0.4% 25.73 AUD 20.91 AUD -0.22 25.22 6.3M On
1 May 2026 30.00 AUD 1.8% 25.39 AUD 20.83 AUD -0.33 25.62 7.1M On
24 Apr 2026 29.46 AUD 3.0% 25.11 AUD 20.75 AUD -0.49 23.19 7.9M On
17 Apr 2026 28.59 AUD 0.1% 24.85 AUD 20.67 AUD -0.52 18.03 5.3M On
10 Apr 2026 28.56 AUD 9.6% 24.60 AUD 20.60 AUD -0.38 18.24 3.5M On
3 Apr 2026 26.07 AUD -2.5% 24.35 AUD 20.54 AUD -0.25 13.21 4.1M On
27 Mar 2026 26.73 AUD -2.1% 24.20 AUD 20.48 AUD 0.02 17.39 6.1M On
20 Mar 2026 27.30 AUD 4.0% 24.02 AUD 20.42 AUD 0.31 21.61 7.0M On
13 Mar 2026 26.25 AUD -3.1% 23.83 AUD 20.36 AUD 0.55 14.87 8.4M On