- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is constructive, supporting the smart-money activity read.
MCK
NZE
Week ended 07 Aug 2026
Weekly Investor Report
Millennium & Copthorne Hotels New Zealand Limited · Consumer Cyclical · Lodging
Latest close
3.11 NZD
1.3%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is -4.5% below the Trend Line and sits at 44.5% of its 52-week range. The latest completed week returned 1.3%, after a -4.3% four-week move. The latest news-sentiment score is 51/100.
Setup score
37
out of 100
Latest Close
3.11 NZD
7 Aug 2026
1W Return
1.3%
latest completed week
4W Return
-4.3%
short-term follow-through
12W Return
0.3%
quarterly tape
Trend Breadth
80.8%
42 of 52 weeks active
Volume Ratio
1.0x
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 negative, which weakens the current setup.
- Next-week expectancy is negative at 41.83% based on similar historical setup states.
- 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
1.3%
Latest completed week; four-week move -4.3%.
Indicator stack
44/28
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 41.83%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
51/100
12 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 -4.5% below the Trend Line and sits at 44.5% of its 52-week range. The latest completed week returned 1.3%, after a -4.3% 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 1.0x the 13-week average. Participation is around or above normal and provides reasonable 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 0.6212-week average 0.54
12-week confirmation
Trend active6/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure7/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership9/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.62Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers22 reversal markers
No recent accumulation markers. 2 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is -4.3% over four weeks, 0.3% over 12 weeks, and 10.5% 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 year42
Trend breadth80.8%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.25Latest activity-pressure read.
Pressure change-218.3%Four-week change in activity pressure.
Leadership-3.14Latest relative-leadership reading.
RS change-289.5%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 sentiment51/100
Weighted news tone is neutral across 12 relevant articles.
2 positive · 9 neutral · 1 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-12.8%Distance below the 52-week high.
13-week volatility4.1%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 higher10 of 2615 weeks finished lower.
Best week+10.2%Week of 29 May.
Worst week-6.8%Week of 20 Feb.
Latest week+1.3%Week of 7 Aug.
Shape of recent returns
Strong gains2
Modest gains8
Flat weeks1
Modest losses13
Sharp losses2
Recent vol4.1%13-week weekly-return volatility.
Base vol3.2%52-week weekly-return volatility.
Up/down split22/22Count of positive and negative weeks in the 52-week window.
Average skew2.8% / -2.3%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 Cyclical
4-week rank12 / 15
Group average0.2%
Trend breadth20.0%
Trend20.0%active weekly trend signals
MD46.7%positive activity pressure
RS20.0%positive relative leadership
Four-week leaders
IndustryNZ Lodging
4-week rank1 / 1
Group average-4.3%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD0.0%positive activity pressure
RS0.0%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 tape37/100
Trend, activity pressure, participation, and risk combine to a 37/100 tape read.
Indicator analysis55/100Latest 12-week confirmation: trend 6/12, activity pressure 7/12, relative leadership 9/12.
Activity pressure 0.62; 2 reversal markers Next-Week ExpectancyNegative 41.83%Next-week expectancy is negative with a 41.83% 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 Sentiment51/100Weighted news tone is neutral across 12 relevant articles.
Millennium & Copthorne Hotels’ takeover snub by Sharesies disappoints shareholder 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 | 3.11 NZD | 1.3% | 3.26 NZD | 2.36 NZD | -0.25 | -3.14 | 12.6K | Off |
| 31 Jul 2026 | 3.07 NZD | -2.8% | 3.26 NZD | 2.36 NZD | -0.09 | -3.46 | 25.3K | Off |
| 24 Jul 2026 | 3.16 NZD | -4.0% | 3.26 NZD | 2.35 NZD | 0.11 | -1.20 | 7.6K | Off |
| 17 Jul 2026 | 3.29 NZD | 1.2% | 3.25 NZD | 2.34 NZD | 0.14 | 3.43 | 10.4K | Off |
| 10 Jul 2026 | 3.25 NZD | -2.7% | 3.24 NZD | 2.33 NZD | 0.21 | 1.65 | 8.7K | On |
| 3 Jul 2026 | 3.34 NZD | 5.0% | 3.24 NZD | 2.32 NZD | 0.31 | 5.80 | 20 | On |
| 26 Jun 2026 | 3.18 NZD | -6.2% | 3.23 NZD | 2.31 NZD | 0.33 | 1.86 | 0 | On |
| 19 Jun 2026 | 3.39 NZD | -0.3% | 3.22 NZD | 2.31 NZD | 0.47 | 8.71 | 12 | On |
| 12 Jun 2026 | 3.40 NZD | -0.3% | 3.21 NZD | 2.30 NZD | 0.05 | 10.03 | 1.1K | On |
| 5 Jun 2026 | 3.41 NZD | 1.8% | 3.19 NZD | 2.29 NZD | -0.31 | 12.49 | 424 | On |
| 29 May 2026 | 3.35 NZD | 10.2% | 3.17 NZD | 2.28 NZD | -0.60 | 10.08 | 68.6K | Off |
| 22 May 2026 | 3.04 NZD | -1.9% | 3.15 NZD | 2.27 NZD | -0.94 | 2.06 | 15.7K | Off |
| 15 May 2026 | 3.10 NZD | -2.2% | 3.14 NZD | 2.26 NZD | -0.88 | 4.42 | 20.9K | On |
| 8 May 2026 | 3.17 NZD | 0.0% | 3.13 NZD | 2.26 NZD | -0.84 | 5.29 | 13.6K | On |
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.