- The trend backdrop is active with a 8-week active streak.
- 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.
TECO2
BUE
Week ended 24 Jul 2026
Weekly Investor Report
Telecom Argentina S.A. · Communication Services · Telecom Services
Latest close
4,380 ARS
5.5%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 18.9% above the Trend Line and sits at 83.7% of its 52-week range. The latest completed week returned 5.5%, after a 10.7% four-week move. The latest news-sentiment score is 49/100. Near-term considerations: volume confirmation is below normal.
Setup score
57
out of 100
Latest Close
4,380 ARS
24 Jul 2026
1W Return
5.5%
latest completed week
4W Return
10.7%
short-term follow-through
12W Return
21.8%
quarterly tape
Trend Breadth
69.2%
36 of 52 weeks active
Volume Ratio
0.6x
vs 13-week average
- 6 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
5.5%
Latest completed week; four-week move 10.7%.
Indicator stack
66/57
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.
News sentiment
49/100
21 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 18.9% above the Trend Line and sits at 83.7% of its 52-week range. The latest completed week returned 5.5%, after a 10.7% 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 0.6x 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
30 Jan
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
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 0.7012-week average 0.52
12-week confirmation
Trend active9/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure9/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.70Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers66 reversal markers
No recent accumulation markers. 6 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 10.7% over four weeks, 21.8% over 12 weeks, and 79.8% over one year. The current trend has remained active for 8 consecutive weeks.
Performance by holding period
Active trend streak8 weeks
Active weeks in one year36
Trend breadth69.2%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.55Latest activity-pressure read.
Pressure change-30.6%Four-week change in activity pressure.
Leadership9.70Latest relative-leadership reading.
RS change73.3%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 sentiment49/100
Weighted news tone is neutral across 21 relevant articles.
3 positive · 17 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-9.6%Distance below the 52-week high.
13-week volatility8.7%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.
30 Jan
27 Feb
27 Mar
24 Apr
22 May
19 Jun
24 Jul
Weeks higher11 of 2615 weeks finished lower.
Best week+23.9%Week of 29 May.
Worst week-12.4%Week of 6 Feb.
Latest week+5.5%Week of 24 Jul.
Shape of recent returns
Strong gains7
Modest gains4
Flat weeks0
Modest losses10
Sharp losses5
Recent vol8.7%13-week weekly-return volatility.
Base vol8.3%52-week weekly-return volatility.
Up/down split24/27Count of positive and negative weeks in the 52-week window.
Average skew7.6% / -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.
SectorAR Communication Services
4-week rank5 / 21
Group average4.9%
Trend breadth47.6%
Trend47.6%active weekly trend signals
MD47.6%positive activity pressure
RS19.0%positive relative leadership
Four-week leaders
IndustryAR Telecom Services
4-week rank3 / 11
Group average4.9%
Trend breadth45.5%
Trend45.5%active weekly trend signals
MD27.3%positive activity pressure
RS18.2%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 tape54/100
Trend, activity pressure, participation, and risk combine to a 54/100 tape read.
Indicator analysis66/100Latest 12-week confirmation: trend 9/12, activity pressure 9/12, relative leadership 12/12.
Activity pressure 0.70; 6 reversal markers Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment49/100Weighted news tone is neutral across 21 relevant articles.
Telecom Argentina SA (TEO) Institutional Confidence 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 |
|---|---|---|---|---|---|---|---|---|
| 24 Jul 2026 | 4,380 ARS | 5.5% | 3,685 ARS | 2,425 ARS | 0.55 | 9.70 | 453.9K | On |
| 17 Jul 2026 | 4,150 ARS | -2.2% | 3,654 ARS | 2,401 ARS | 0.62 | 7.07 | 842.3K | On |
| 10 Jul 2026 | 4,245 ARS | 6.4% | 3,634 ARS | 2,379 ARS | 0.62 | 7.13 | 271.0K | On |
| 3 Jul 2026 | 3,990 ARS | 0.8% | 3,611 ARS | 2,356 ARS | 0.77 | 3.70 | 768.7K | On |
| 26 Jun 2026 | 3,958 ARS | -5.0% | 3,606 ARS | 2,334 ARS | 0.79 | 5.60 | 1.7M | On |
| 19 Jun 2026 | 4,165 ARS | -8.6% | 3,598 ARS | 2,313 ARS | 0.96 | 5.85 | 25.8K | On |
| 12 Jun 2026 | 4,555 ARS | 14.2% | 3,573 ARS | 2,291 ARS | 0.77 | 14.06 | 207.4K | On |
| 5 Jun 2026 | 3,990 ARS | -7.8% | 3,544 ARS | 2,265 ARS | 0.44 | 9.11 | 70.6K | On |
| 29 May 2026 | 4,328 ARS | 23.9% | 3,528 ARS | 2,243 ARS | 0.14 | 15.67 | 2.1M | Off |
| 22 May 2026 | 3,492 ARS | -0.4% | 3,496 ARS | 2,219 ARS | -0.29 | 4.42 | 471.1K | Off |
| 15 May 2026 | 3,505 ARS | -0.1% | 3,461 ARS | 2,200 ARS | -0.26 | 10.49 | 718.3K | Off |
| 8 May 2026 | 3,508 ARS | -2.4% | 3,425 ARS | 2,180 ARS | -0.34 | 8.46 | 536.3K | On |
| 1 May 2026 | 3,595 ARS | 6.2% | 3,384 ARS | 2,161 ARS | -0.32 | 8.90 | 1.2M | On |
| 24 Apr 2026 | 3,385 ARS | -2.9% | 3,340 ARS | 2,141 ARS | -0.38 | 2.56 | 1.6M | 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.