MEX Equity Snapshot

CLNXN Weekly Equity Report

Cellnex Telecom, S.A.

Latest Close 568.7 MXN 12 Jun 2026
1W Return -1.7% latest completed week
4W Return -3.8% short-term follow-through
12W Return -5.4% quarterly tape
Trend Breadth 36.5% 19 of 52 weeks active
Volume Ratio 7.1x vs 13-week average
Sharemaestro Evidence Rating

Neutral

A cross-signal market read combining weekly price structure, proprietary indicators, factors, Patient Capital, options, sentiment, insider activity, earnings risk, research flow, and sector context.

Evidence Score 46 Neutral

Top-level conclusion

The strongest supporting evidence is indicator analysis: Latest 12-week confirmation: trend 6/12, activity pressure 12/12, relative leadership 0/12.

The main constraint is weekly tape: Trend, activity pressure, participation, and risk combine to a 43/100 tape read.

The combined read is balanced, making the next change in trend, sentiment, or options pressure especially important.

Primary driver

Indicator analysis 49/100

Latest 12-week confirmation: trend 6/12, activity pressure 12/12, relative leadership 0/12.

Main constraint

Weekly tape 43/100

Trend, activity pressure, participation, and risk combine to a 43/100 tape read.

Company Brief

What the company does

Cellnex Telecom, S.A. engages in the management of terrestrial telecommunications infrastructures in France, Italy, the United Kingdom, Spain, Poland, the Netherlands, Portugal, Switzerland, Denmark, Sweden, Ireland, and Austria. It operates through four segments: Towers; DAS, Small Cells, and RAN as a Service; Fiber, Connectivity, and Housing Services; and Broadcast. The Towers segment provides integrated network passive infrastructure services; other wireless telecommunications; and broadband network operators services, as well as colocation and engineering services. The DAS, Small Cells, and RAN as a Service segment offers services, such as RAN as a Service, which entails the emission …

Snapshot

What the weekly tape is saying

CLNXN closed the latest completed week at 568.7 MXN. The 4-week return is -3.8% and the 12-week return is -5.4%. The trend backdrop is active, with activity pressure at 0.23. Setup signature: Deep recovery attempt with a 43/100 composite read.

Trend backdrop Active
Activity pressure No fresh buy
Price vs Trend 0.5%
Volume 7.1x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, activity pressure, relative leadership, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 41 Persistence of the active trend backdrop over the last year and current streak.
Momentum 36 Blend of 4-week and 12-week follow-through.
Activity Pressure 49 Latest activity pressure and whether pressure has improved over four weeks.
Relative Leadership 7 Relative leadership and short-term leadership change.
Expectancy Model 45 Sharemaestro expectancy direction and probability from the latest completed week.
Volume 100 Participation compared with the 13-week volume baseline.
Smart Money 32 Activity pressure and recent smart-money signal balance.
Risk Control 37 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 backdrop dot Positive activity-pressure 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 zone

Close Trend Fair
520.3 MXN 22.6% 734.4 MXN
Range location 22.6% Shows where the latest close sits between the 52-week low and high.
Trend distance 0.5% Price premium or discount versus the weekly Trend Line.
Fair-value gap -12.5% Premium demand or model discount versus Sharemaestro Fair Value.
High-water gap -22.6% Distance from the latest 52-week high.
Momentum

Returns and trend persistence

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

Return windows

1W -1.7%
4W -3.8%
12W -5.4%
26W 5.7%
52W -22.6%

Trend read

Active Streak
6 weeks
52W Active Weeks
19
52W Active Breadth
36.5%
Sector Scope
MX Real Estate
Sector Rank
22 of 25
Sector Percentile
12.5%
22 of 25
Peer Context

Sector and industry pulse

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

MX Real Estate Services

Tracked Peers
3
4W Rank
2 of 3
Avg 1W
-1.0%
Avg 4W
-3.9%
Trend Breadth
33.3%
Positive RS
0.0%
Trend 33.3% active weekly trend signals
MD 33.3% positive activity pressure
RS 0.0% positive relative leadership
CLNXN in group -3.8% 4-week rank 2 of 3
Activity Pressure

Pressure, relative leadership, and expectancy

Activity pressure and relative leadership show whether buying pressure and group strength are confirming the price move.

Dynamics path

Activity pressure Relative leadership

Pressure map

Activity pressure
Relative leadership
Pressure 0.23 Latest activity-pressure read.
Pressure change -58.7% Four-week change in activity pressure.
Leadership -14.26 Latest relative-leadership reading.
RS change -3.1% Four-week change in relative leadership.
Expectancy Model Negative 10.53% probability read.
Indicator Analysis

Smart money, activity pressure, trend signals, and expectancy

Recent confirmation shows whether the latest setup is supported by activity pressure, trend quality, relative leadership, and the Sharemaestro Expectancy Model.

Activity pressure path

Activity pressure Latest 0.38 12W avg 0.22

Expectancy over time

Positive / negative expectancy Current Negative 10.53%

12-week confirmation

Trend active 6/12 Active trend-backdrop weeks in the latest 12-week window.
Positive pressure 12/12 Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership 0/12 Weeks with positive relative leadership in the latest 12-week window.
Activity pressure 0.38 Current proprietary activity-pressure read.
Buy signals 0 Accumulation signal count in the latest 12 weeks.
Reversal markers 0 No reversal markers

Smart money activity

Support markers
0
Risk markers
0
Pressure positive weeks
0
Score input
50/100

No recent accumulation markers. No reversal markers.

Volume

Participation and confirmation

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

Volume and return confirmation

Participation read

Participation 7.1x Latest volume versus the 13-week average.
Baseline 168 13-week average volume.
One-year base 227 52-week average volume.
Latest 1.2K Most recent completed week.
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

Return shape

Strong gains 3
Modest gains 1
Flat weeks 18
Modest losses 3
Sharp losses 1
Recent vol 3.4% 13-week weekly-return volatility.
Base vol 3.6% 52-week weekly-return volatility.
Up/down split 5/8 Count of positive and negative weeks in the 52-week window.
Average skew 5.0% / -5.9% Average positive week versus average negative week.
Cross-App Evidence

Value, flow, sentiment, events, and research context

These cards convert the rest of Sharemaestro into a compact evidence trail, with direct drilldowns for deeper research.

Earnings, insiders, and research flow

Earnings
-
Insiders
-
News
0 articles
Market Watch
0 posts

Latest Sharemaestro research

  • No recent research articles are stored for this ticker.

Latest Market Watch posts

  • No recent Market Watch posts are stored for this ticker.
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
MEX
Country
MX
Sector
Real Estate
Industry
Real Estate Services
Currency
MXN
Market Cap
386.6B

Opportunity signals

  • The trend backdrop is active with a 6-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Activity pressure is positive on the latest completed week.
  • Volume is elevated versus the 13-week average, confirming attention.

Risk signals

  • Price is below Fair Value, so the market is still discounting the latest tape.
  • The Expectancy Model is negative at 10.53%, which weighs against the setup.
  • Activity pressure is weak, so confirmation is not yet broad enough.
  • The share remains more than 20% below its 52-week high.
  • Latest weekly return ranks in the weaker part of its sector group.

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.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value Pressure Leadership Volume Signal
12 Jun 2026 568.7 MXN -1.7% 565.7 MXN 649.7 MXN 0.23 -14.26 1.2K On
5 Jun 2026 578.8 MXN 0.0% 565.1 MXN 650.5 MXN 0.30 -11.12 0 On
29 May 2026 578.8 MXN -2.1% 565.2 MXN 651.4 MXN 0.45 -14.94 300 On
22 May 2026 591.3 MXN 0.0% 565.3 MXN 652.2 MXN 0.46 -13.50 0 On
15 May 2026 591.3 MXN 0.0% 567.4 MXN 652.9 MXN 0.55 -13.83 0 On
8 May 2026 591.3 MXN 0.0% 569.4 MXN 654.0 MXN 0.49 -16.91 0 On
1 May 2026 591.3 MXN 0.0% 571.5 MXN 655.1 MXN 0.43 -15.32 0 Off
24 Apr 2026 591.3 MXN 4.9% 573.5 MXN 656.2 MXN 0.49 -17.82 124 Off
17 Apr 2026 563.7 MXN 0.0% 575.6 MXN 657.3 MXN 0.46 -23.05 0 Off
10 Apr 2026 563.7 MXN 0.0% 578.6 MXN 658.5 MXN 0.64 -24.18 0 Off
3 Apr 2026 563.7 MXN 4.4% 584.2 MXN 659.8 MXN 0.81 -24.60 268 Off
27 Mar 2026 539.8 MXN -10.2% 589.9 MXN 660.6 MXN 0.88 -25.26 294 Off
20 Mar 2026 601.3 MXN 0.0% 596.4 MXN 661.6 MXN 0.98 -14.18 0 Off
13 Mar 2026 601.3 MXN 0.0% 600.8 MXN 662.1 MXN 0.98 -16.72 0 Off