- The trend backdrop is active with a 12-week active streak.
- Price is above the Trend Line, keeping the weekly tape constructive.
- Activity pressure is constructive, supporting the smart-money activity read.
HEART
STO
Week ended 07 Aug 2026
Weekly Investor Report
Scandinavian Real Heart AB (Publ) · Healthcare · Medical Devices
Latest close
20.10 SEK
3.1%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 18.4% above the Trend Line and sits at 41.9% of its 52-week range. The latest completed week returned 3.1%, after a 1.0% four-week move. The latest news-sentiment score is 50/100. Near-term considerations: volume confirmation is below normal.
Setup score
41
out of 100
Latest Close
20.10 SEK
7 Aug 2026
1W Return
3.1%
latest completed week
4W Return
1.0%
short-term follow-through
12W Return
14.2%
quarterly tape
Trend Breadth
42.3%
22 of 52 weeks active
Volume Ratio
0.4x
vs 13-week average
- Price is below Fair Value, so the market is still discounting the latest tape.
- Activity pressure is negative, which weakens the current setup.
- Next-week expectancy is negative at 43.86% based on similar historical setup states.
- 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
3.1%
Latest completed week; four-week move 1.0%.
Indicator stack
65/34
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 43.86%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
50/100
2 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 active. Price is 18.4% above the Trend Line and sits at 41.9% of its 52-week range. The latest completed week returned 3.1%, after a 1.0% 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 0.4x 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 0.8712-week average 0.73
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure10/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership10/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.87Current 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 1.0% over four weeks, 14.2% over 12 weeks, and 50.6% over one year. The current trend has remained active for 12 consecutive weeks.
Performance by holding period
Active trend streak12 weeks
Active weeks in one year22
Trend breadth42.3%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.31Latest activity-pressure read.
Pressure change-131.2%Four-week change in activity pressure.
Leadership2.45Latest relative-leadership reading.
RS change-63.2%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 2 relevant articles.
0 positive · 2 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-33.0%Distance below the 52-week high.
13-week volatility5.6%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 higher14 of 2611 weeks finished lower.
Best week+13.6%Week of 29 May.
Worst week-7.9%Week of 10 Jul.
Latest week+3.1%Week of 7 Aug.
Shape of recent returns
Strong gains8
Modest gains6
Flat weeks1
Modest losses8
Sharp losses3
Recent vol5.6%13-week weekly-return volatility.
Base vol9.1%52-week weekly-return volatility.
Up/down split29/22Count of positive and negative weeks in the 52-week window.
Average skew6.0% / -4.9%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.
SectorSE Healthcare
4-week rank37 / 100
Group average-1.1%
Trend breadth39.0%
Trend39.0%active weekly trend signals
MD42.0%positive activity pressure
RS21.0%positive relative leadership
Four-week leaders
IndustrySE Medical Devices
4-week rank14 / 46
Group average-3.1%
Trend breadth23.9%
Trend23.9%active weekly trend signals
MD41.3%positive activity pressure
RS10.9%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 tape41/100
Trend, activity pressure, participation, and risk combine to a 41/100 tape read.
Indicator analysis83/100Latest 12-week confirmation: trend 12/12, activity pressure 10/12, relative leadership 10/12.
Activity pressure 0.87; No reversal markers Next-Week ExpectancyNegative 43.86%Next-week expectancy is negative with a 43.86% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. 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 2 relevant articles.
Scandinavian Real Heart data supports total artificial heart system 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 | 20.10 SEK | 3.1% | 16.98 SEK | 24.43 SEK | -0.31 | 2.45 | 11.6K | On |
| 31 Jul 2026 | 19.50 SEK | 4.3% | 16.79 SEK | 24.64 SEK | -0.12 | 1.71 | 12.9K | On |
| 24 Jul 2026 | 18.70 SEK | 0.5% | 16.61 SEK | 25.07 SEK | 0.20 | -0.88 | 9.8K | On |
| 17 Jul 2026 | 18.60 SEK | -6.5% | 16.45 SEK | 25.50 SEK | 0.60 | 0.46 | 12.0K | On |
| 10 Jul 2026 | 19.90 SEK | -7.9% | 16.31 SEK | 25.90 SEK | 0.98 | 6.67 | 22.6K | On |
| 3 Jul 2026 | 21.60 SEK | -4.8% | 16.11 SEK | 26.29 SEK | 1.21 | 13.72 | 2.0K | On |
| 26 Jun 2026 | 22.70 SEK | -2.2% | 15.87 SEK | 26.59 SEK | 1.28 | 23.58 | 3.0K | On |
| 19 Jun 2026 | 23.20 SEK | 4.0% | 15.58 SEK | 26.85 SEK | 1.40 | 25.82 | 51.8K | On |
| 12 Jun 2026 | 22.30 SEK | 5.2% | 15.30 SEK | 27.07 SEK | 1.36 | 23.95 | 11.2K | On |
| 5 Jun 2026 | 21.20 SEK | 6.0% | 15.04 SEK | 27.44 SEK | 1.40 | 18.26 | 3.6K | On |
| 29 May 2026 | 20.00 SEK | 13.6% | 14.83 SEK | 27.83 SEK | 1.50 | 11.28 | 130.6K | On |
| 22 May 2026 | 17.60 SEK | 0.0% | 14.68 SEK | 28.07 SEK | 1.42 | -2.08 | 50.8K | On |
| 15 May 2026 | 17.60 SEK | -0.3% | 15.04 SEK | 28.35 SEK | 1.49 | 1.44 | 79.4K | Off |
| 8 May 2026 | 17.65 SEK | -0.8% | 15.32 SEK | 28.61 SEK | 1.34 | 0.42 | 98.5K | 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.