- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
TELB3
SAO
Week ended 18 Sep 2026
Weekly Investor Report
Telecomunicações Brasileiras S.A. - Telebras · Communication Services · Telecom Services
Latest close
16.52 BRL
-2.2%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is 28.2% above the Trend Line and sits at 66.3% of its 52-week range. The latest completed week returned -2.2%, after a 29.6% four-week move. The latest news-sentiment score is 50/100. Near-term considerations: volume confirmation is below normal.
Setup score
51
out of 100
Latest Close
16.52 BRL
18 Sep 2026
1W Return
-2.2%
latest completed week
4W Return
29.6%
short-term follow-through
12W Return
58.8%
quarterly tape
Trend Breadth
26.9%
14 of 52 weeks active
Volume Ratio
0.3x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Next-week expectancy is negative at 32.17% based on similar historical setup states.
- Activity pressure is weak, so confirmation is not yet broad enough.
- 2 reversal markers appear in the recent smart-money tape.
- 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
-2.2%
Latest completed week; four-week move 29.6%.
Indicator stack
15/100
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
Recent
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Negative 32.17%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
50/100
0 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 28.2% above the Trend Line and sits at 66.3% of its 52-week range. The latest completed week returned -2.2%, after a 29.6% 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 0.3x 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
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
14 Aug
21 Aug
28 Aug
4 Sep
11 Sep
18 Sep
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 0.4112-week average 0.19
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure4/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership5/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.41Current proprietary activity-pressure read.
Buy signals1Accumulation 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 29.6% over four weeks, 58.8% over 12 weeks, and 31.4% 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 year14
Trend breadth26.9%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure1.17Latest activity-pressure read.
Pressure change497.5%Four-week change in activity pressure.
Leadership25.82Latest relative-leadership reading.
RS change360.4%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 0 relevant articles.
0 positive · 0 neutral · 0 negativePatient 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 earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-17.4%Distance below the 52-week high.
13-week volatility8.8%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.
27 Mar
24 Apr
22 May
19 Jun
17 Jul
14 Aug
18 Sep
Weeks higher11 of 2615 weeks finished lower.
Best week+28.9%Week of 28 Aug.
Worst week-9.0%Week of 19 Jun.
Latest week-2.2%Week of 18 Sep.
Shape of recent returns
Strong gains5
Modest gains6
Flat weeks0
Modest losses11
Sharp losses4
Recent vol8.8%13-week weekly-return volatility.
Base vol7.3%52-week weekly-return volatility.
Up/down split25/27Count of positive and negative weeks in the 52-week window.
Average skew6.0% / -4.1%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.
SectorBR Communication Services
4-week rank3 / 53
Group average2.6%
Trend breadth28.3%
Trend28.3%active weekly trend signals
MD73.6%positive activity pressure
RS18.9%positive relative leadership
Four-week leaders
IndustryBR Telecom Services
4-week rank3 / 23
Group average6.0%
Trend breadth17.4%
Trend17.4%active weekly trend signals
MD69.6%positive activity pressure
RS21.7%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 tape45/100
Trend, activity pressure, participation, and risk combine to a 45/100 tape read.
Indicator analysis27/100Latest 12-week confirmation: trend 0/12, activity pressure 4/12, relative leadership 5/12.
Activity pressure 0.41; 2 reversal markers Next-Week ExpectancyNegative 32.17%Next-week expectancy is negative with a 32.17% 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 CapitalRecentActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
Recent buy signal in the last 8 weeks Sentiment50/100Weighted news tone is neutral across 0 relevant articles.
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 |
|---|---|---|---|---|---|---|---|---|
| 18 Sep 2026 | 16.52 BRL | -2.2% | 12.89 BRL | 13.28 BRL | 1.17 | 25.82 | 1.9K | Off |
| 11 Sep 2026 | 16.90 BRL | -5.4% | 12.77 BRL | 13.28 BRL | 1.15 | 27.46 | 1.6K | Off |
| 4 Sep 2026 | 17.86 BRL | 8.6% | 12.68 BRL | 13.28 BRL | 0.84 | 36.32 | 20.6K | Off |
| 28 Aug 2026 | 16.44 BRL | 28.9% | 12.46 BRL | 13.28 BRL | 0.24 | 32.44 | 44.3K | Off |
| 21 Aug 2026 | 12.75 BRL | 14.3% | 12.29 BRL | 13.30 BRL | -0.29 | 5.61 | 3.8K | Off |
| 14 Aug 2026 | 11.15 BRL | 7.0% | 12.25 BRL | 13.32 BRL | -0.81 | -5.58 | 800 | Off |
| 7 Aug 2026 | 10.42 BRL | -1.6% | 12.24 BRL | 13.36 BRL | -1.09 | -14.96 | 0 | Off |
| 31 Jul 2026 | 10.59 BRL | 1.3% | 12.27 BRL | 13.40 BRL | -1.18 | -16.82 | 2.1K | Off |
| 24 Jul 2026 | 10.45 BRL | 2.6% | 12.29 BRL | 13.44 BRL | -1.33 | -16.90 | 600 | Off |
| 17 Jul 2026 | 10.19 BRL | 0.9% | 12.32 BRL | 13.49 BRL | -1.37 | -19.51 | 100 | Off |
| 10 Jul 2026 | 10.10 BRL | 1.0% | 12.35 BRL | 13.54 BRL | -1.38 | -22.73 | 0 | Off |
| 3 Jul 2026 | 10.00 BRL | -3.8% | 12.39 BRL | 13.59 BRL | -1.35 | -22.59 | 0 | Off |
| 26 Jun 2026 | 10.40 BRL | 3.0% | 12.45 BRL | 13.64 BRL | -1.28 | -19.73 | 0 | Off |
| 19 Jun 2026 | 10.10 BRL | -9.0% | 12.46 BRL | 13.68 BRL | -1.19 | -20.57 | 0 | 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.