- The trend backdrop is active with a 1-week active streak.
- Price is above the Trend Line, keeping the weekly tape constructive.
- Activity pressure is positive on the latest completed week.
DSG
TOR
Week ended 07 Aug 2026
Weekly Investor Report
The Descartes Systems Group Inc. · Technology · Software - Application
Latest close
111.1 CAD
5.5%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 11.0% above the Trend Line and sits at 39.4% of its 52-week range. The latest completed week returned 5.5%, after a 8.9% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is expensive relative to peers. The latest news-sentiment score is 48/100.
Setup score
44
out of 100
Latest Close
111.1 CAD
7 Aug 2026
1W Return
5.5%
latest completed week
4W Return
8.9%
short-term follow-through
12W Return
19.2%
quarterly tape
Trend Breadth
1.9%
1 of 52 weeks active
Volume Ratio
1.4x
vs 13-week average
- Price is below Fair Value, so the market is still discounting the latest tape.
- Activity pressure is weak, so confirmation is not yet broad enough.
- 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
5.5%
Latest completed week; four-week move 8.9%.
Indicator stack
5/80
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.
News sentiment
48/100
11 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 11.0% above the Trend Line and sits at 39.4% of its 52-week range. The latest completed week returned 5.5%, after a 8.9% 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 1.4x 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 0.2912-week average 0.24
12-week confirmation
Trend active1/12Active 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 pressure0.29Current proprietary activity-pressure read.
Buy signals2Accumulation 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 8.9% over four weeks, 19.2% over 12 weeks, and -20.2% over one year. The current trend has remained active for 1 consecutive weeks.
Performance by holding period
Active trend streak1 weeks
Active weeks in one year1
Trend breadth1.9%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure1.18Latest activity-pressure read.
Pressure change103.5%Four-week change in activity pressure.
Leadership-13.02Latest relative-leadership reading.
RS change40.0%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is expensive relative to peers.
Factor week 09 Aug 2026
Financial statements through 30 Apr 2026
Field coverage 91%
Model confidence 89%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength8/100Blend of value, momentum, and quality. Underlying universe rank 93; rank 1 is best.
Value5/100Relative valuation strength. Underlying universe rank 96; rank 1 is best.
Quality81/100Profitability and accounting quality. Underlying universe rank 20; rank 1 is best.
Momentum8/100Medium-term price momentum. Underlying universe rank 93; rank 1 is best.
Growth72/100Revenue and earnings growth. Underlying universe rank 29; rank 1 is best.
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
- 54.1x Price divided by trailing earnings.
- Price / sales
- 12.6x Market value relative to trailing revenue.
- EV / EBITDA
- 28.5x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 3.1% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 77.3% Gross profit retained from each unit of revenue.
- Operating margin
- 31.1% Operating profit retained from revenue.
- Free-cash-flow margin
- 37.3% Free cash flow generated from revenue.
- Return on invested capital
- 13.9% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 12.0% Latest one-year revenue growth.
- EPS growth
- 13.8% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 22.6% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 6/9 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
- -0.1% Net share repurchases relative to market value.
- Shareholder yield
- -0.1% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- -1.2x 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.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment48/100
Weighted news tone is neutral across 11 relevant articles.
0 positive · 9 neutral · 2 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-26.3%Distance below the 52-week high.
13-week volatility4.7%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 higher15 of 2611 weeks finished lower.
Best week+19.8%Week of 17 Apr.
Worst week-12.2%Week of 10 Apr.
Latest week+5.5%Week of 7 Aug.
Shape of recent returns
Strong gains5
Modest gains10
Flat weeks0
Modest losses7
Sharp losses4
Recent vol4.7%13-week weekly-return volatility.
Base vol5.7%52-week weekly-return volatility.
Up/down split23/29Count of positive and negative weeks in the 52-week window.
Average skew4.4% / -4.0%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.
SectorCA Technology
4-week rank13 / 39
Group average3.5%
Trend breadth43.6%
Trend43.6%active weekly trend signals
MD56.4%positive activity pressure
RS25.6%positive relative leadership
Four-week leaders
IndustryCA Software - Application
4-week rank6 / 18
Group average2.3%
Trend breadth38.9%
Trend38.9%active weekly trend signals
MD66.7%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 tape36/100
Trend, activity pressure, participation, and risk combine to a 36/100 tape read.
Indicator analysis37/100Latest 12-week confirmation: trend 1/12, activity pressure 12/12, relative leadership 0/12.
Activity pressure 0.29; No reversal markers Factors25/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 73; Small Cap Core rank 99 Patient CapitalRecentActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
Recent buy signal in the last 8 weeks Sentiment48/100Weighted news tone is neutral across 11 relevant articles.
Can Descartes Systems Group (TSX:DSG) Turn AI Freight Automation Into Durable Competitive Advantage? 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 | 111.1 CAD | 5.5% | 100.0 CAD | 126.6 CAD | 1.18 | -13.02 | 1.4M | On |
| 31 Jul 2026 | 105.3 CAD | 9.4% | 100.4 CAD | 126.6 CAD | 1.04 | -15.76 | 1.7M | Off |
| 24 Jul 2026 | 96.24 CAD | -7.3% | 100.8 CAD | 126.5 CAD | 0.85 | -24.27 | 1.5M | Off |
| 17 Jul 2026 | 103.9 CAD | 1.8% | 101.6 CAD | 126.6 CAD | 0.88 | -19.17 | 1.4M | Off |
| 10 Jul 2026 | 102.0 CAD | -1.2% | 102.3 CAD | 126.6 CAD | 0.58 | -21.69 | 1.3M | Off |
| 3 Jul 2026 | 103.2 CAD | 3.3% | 103.1 CAD | 126.6 CAD | 0.48 | -21.56 | 64.5K | Off |
| 26 Jun 2026 | 99.83 CAD | 1.1% | 103.9 CAD | 126.6 CAD | 0.50 | -24.40 | 294.5K | Off |
| 19 Jun 2026 | 98.72 CAD | -3.2% | 104.4 CAD | 126.6 CAD | 0.66 | -26.10 | 707.8K | Off |
| 12 Jun 2026 | 102.0 CAD | -3.1% | 104.9 CAD | 126.6 CAD | 0.72 | -24.45 | 223.9K | Off |
| 5 Jun 2026 | 105.3 CAD | 3.5% | 105.4 CAD | 126.7 CAD | 0.72 | -21.67 | 326.4K | Off |
| 29 May 2026 | 101.7 CAD | 3.4% | 105.9 CAD | 126.6 CAD | 0.70 | -25.91 | 1.7M | Off |
| 22 May 2026 | 98.40 CAD | 5.6% | 106.6 CAD | 126.6 CAD | 0.60 | -28.82 | 1.2M | Off |
| 15 May 2026 | 93.16 CAD | -5.8% | 107.8 CAD | 126.7 CAD | 0.59 | -32.39 | 1.4M | Off |
| 8 May 2026 | 98.92 CAD | -0.5% | 109.2 CAD | 126.7 CAD | 0.68 | -29.84 | 1.4M | 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.