ZH NYSE Week ended 31 Jul 2026

Weekly Investor Report

Zhihu Inc ADR · Communication Services · Internet Content & Information

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Latest close 3.27 USD
4.1% latest week
Weekly setup

Mixed setup

The weekly trend is not active. Price is 0.5% above the Trend Line and sits at 23.5% of its 52-week range. The latest completed week returned 4.1%, after a 3.8% four-week move. The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks weakly; valuation is neither clearly cheap nor expensive. Options positioning is bullish with 34/100 conviction, while the latest news-sentiment score is 51/100. Near-term considerations: earnings are due in 24d.

Setup score 29 out of 100
Latest Close 3.27 USD 31 Jul 2026
1W Return 4.1% latest completed week
4W Return 3.8% short-term follow-through
12W Return -0.3% quarterly tape
Trend Breadth 13.5% 7 of 52 weeks active
Volume Ratio 1.1x vs 13-week average
What is working
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • Next-week expectancy is negative at 39.37% based on similar historical setup states.
  • Activity pressure is weak, so confirmation is not yet broad enough.
What to watch next
  • 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 4.1% Latest completed week; four-week move 3.8%. Indicator stack 7/66 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 39.37% Historical one-week expectancy contributes to the evidence score when direction is confirmed. Options pressure Bullish 34/100 conviction; expected move 29.1%. News sentiment 51/100 46 relevant articles in the latest sentiment read. Event risk 24d Next report is scheduled for 26 Aug 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is 0.5% above the Trend Line and sits at 23.5% of its 52-week range. The latest completed week returned 4.1%, after a 3.8% four-week move.

Study the full chart

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 1.1x 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
6 Feb 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
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 0.1512-week average 0.09

12-week confirmation

Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure12/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.15Current 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 3.8% over four weeks, -0.3% over 12 weeks, and -21.4% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W4.1%
4W3.8%
12W-0.3%
26W-13.3%
52W-21.4%
Active trend streak0 weeks
Active weeks in one year7
Trend breadth13.5%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.71Latest activity-pressure read.
Pressure change43.4%Four-week change in activity pressure.
Leadership-18.92Latest relative-leadership reading.
RS change23.9%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks weakly; valuation is neither clearly cheap nor expensive.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Mar 2026 Field coverage 76% Model confidence 73%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength37/100Blend of value, momentum, and quality. Underlying universe rank 64; rank 1 is best.
Value80/100Relative valuation strength. Underlying universe rank 21; rank 1 is best.
Quality3/100Profitability and accounting quality. Underlying universe rank 98; rank 1 is best.
Momentum11/100Medium-term price momentum. Underlying universe rank 90; rank 1 is best.
Growth14/100Revenue and earnings growth. Underlying universe rank 87; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
-
Price divided by trailing earnings.
Price / sales
0.1x
Market value relative to trailing revenue.
EV / EBITDA
-
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
-150.4%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
59.4%
Gross profit retained from each unit of revenue.
Operating margin
-13.2%
Operating profit retained from revenue.
Free-cash-flow margin
-15.3%
Free cash flow generated from revenue.
Return on invested capital
-33.2%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
-20.9%
Latest one-year revenue growth.
EPS growth
-
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-
Latest one-year free-cash-flow growth.
Piotroski F-score
2/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
-
Cash dividends relative to market value.
Buyback yield
-
Net share repurchases relative to market value.
Shareholder yield
-
Dividend yield plus net buyback yield.
Net debt / EBITDA
35.5x
Balance-sheet debt relative to operating cash earnings.
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.

Options positioningBullish

ZH shows bullish options pressure with a 34/100 conviction score, put-call volume ratio of 0.64, expected move of 29.1%, and Sharemaestro trend signal inactive.

Conviction34/100
Expected move29.1%
Put/call volume0.64
Pressure34
Speculation8
Volatility87
Trend agreement35
Open options detail
Insider activity-

No recent insider transactions are stored for this company.

News sentiment51/100

Weighted news tone is neutral across 46 relevant articles.

7 positive · 37 neutral · 2 negative
Patient 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 earnings24dNext report is scheduled for 26 Aug 2026; event risk rises as the date approaches.
Options expected move29.1%Nearest-chain priced movement where available.
52-week drawdown-41.1%Distance below the 52-week high.
13-week volatility3.5%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher10 of 2616 weeks finished lower.
Best week+18.7%Week of 17 Apr.
Worst week-10.8%Week of 24 Apr.
Latest week+4.1%Week of 31 Jul.

Shape of recent returns

Strong gains5
Modest gains5
Flat weeks0
Modest losses8
Sharp losses8
Recent vol3.5%13-week weekly-return volatility.
Base vol6.1%52-week weekly-return volatility.
Up/down split22/30Count of positive and negative weeks in the 52-week window.
Average skew5.2% / -4.3%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.

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 tape25/100

Trend, activity pressure, participation, and risk combine to a 25/100 tape read.

 Indicator analysis32/100

Latest 12-week confirmation: trend 0/12, activity pressure 12/12, relative leadership 0/12.

Activity pressure 0.15; No reversal markers Next-Week ExpectancyNegative 39.37%

Next-week expectancy is negative with a 39.37% historical one-week setup read.

Adds short-term historical context without overriding trend, activity, or relative leadership. Factors31/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 50; Small Cap Core rank 18 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options48/100

ZH shows bullish options pressure with a 34/100 conviction score, put-call volume ratio of 0.64, expected move of 29.1%, and Sharemaestro trend signal inactive.

Bullish · Call-side pressure · Expected move 29.1% Sentiment51/100

Weighted news tone is neutral across 46 relevant articles.

Zhihu Inc. (NYSE: ZH) CEO converts 371,436 Class B into Class A Insiders50/100

No recent insider transaction evidence is stored.

 Earnings24d

Next report is scheduled for 26 Aug 2026; event risk rises as the date approaches.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 20263.27 USD4.1%3.25 USD4.14 USD0.71-18.921.1MOff
24 Jul 20263.14 USD-0.9%3.26 USD4.16 USD0.54-21.96692.8KOff
17 Jul 20263.17 USD-2.8%3.26 USD4.19 USD0.61-22.47896.4KOff
10 Jul 20263.26 USD3.5%3.28 USD4.21 USD0.53-22.40860.5KOff
3 Jul 20263.15 USD3.6%3.28 USD4.23 USD0.49-24.86649.7KOff
26 Jun 20263.04 USD-2.6%3.29 USD4.25 USD0.47-26.631.4MOff
19 Jun 20263.12 USD-3.1%3.31 USD4.28 USD0.31-27.051.0MOff
12 Jun 20263.22 USD2.9%3.34 USD4.30 USD0.20-24.501.1MOff
5 Jun 20263.13 USD6.1%3.37 USD4.32 USD0.10-26.721.0MOff
29 May 20262.95 USD-3.3%3.40 USD4.34 USD0.10-33.221.1MOff
22 May 20263.05 USD-2.2%3.45 USD4.37 USD0.17-30.56568.3KOff
15 May 20263.12 USD-4.9%3.49 USD4.39 USD0.35-28.99759.6KOff
8 May 20263.28 USD2.5%3.53 USD4.40 USD0.52-25.831.1MOff
1 May 20263.20 USD-5.9%3.57 USD4.42 USD0.49-26.53933.3KOff
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.