LSE Equity Snapshot

SN Weekly Equity Report

Smith & Nephew plc

Latest Close 1,133 GBP 12 Jun 2026
1W Return -1.2% latest completed week
4W Return 1.9% short-term follow-through
12W Return -5.6% quarterly tape
Trend Breadth 48.1% 25 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
Company Brief

What the company does

Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally. The company operates in three segments: Orthopaedics, Sports Medicine & ENT, and Advanced Wound Management. It offers knee implant products for knee replacement procedures; hip implants for revision procedures; trauma and extremities products that include internal and external devices used in the stabilization of severe fractures and deformity correction procedures; and other reconstruction products. The company also provides sports medicine joint repair products comprise instruments, technologies, and implants to …

Snapshot

What the weekly tape is saying

SN closed the latest completed week at 1,133 GBP. The 4-week return is 1.9% and the 12-week return is -5.6%. Trend Signal is inactive, Market Dynamics is -1.03. Setup signature: Risk-first tape with a 31/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -7.1%
Volume 0.9x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 26 Persistence of active Trend Signal over the last year and current streak.
Momentum 49 Blend of 4-week and 12-week follow-through.
Dynamics 30 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 5 Relative leadership and short-term RS change.
Volume 37 Participation compared with the 13-week volume baseline.
Risk Control 39 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 Signal dot Positive Market Dynamics 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 map

Trend Line
1,220 GBP
Vs Trend Line
-7.1%
Fair Value
1,121 GBP
Vs Fair Value
1.1%
52W High
1,441 GBP
52W Low
1,050 GBP
Drawdown
-21.4%
Range Position
21.2%
Momentum

Returns and trend persistence

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

Return windows

1W -1.2%
4W 1.9%
12W -5.6%
26W -6.8%
52W 3.6%

Trend read

Active Streak
0 weeks
52W Active Weeks
25
52W Active Breadth
48.1%
Sector Scope
GB Healthcare
Sector Rank
38 of 78
Sector Percentile
51.9%
Peer Context

Sector and industry pulse

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

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-1.03
4W MD Change
-21.5%
Relative Strength
-15.16
4W RS Change
0.6%
Expectation
Undecided
Probability
53.04%
Volume

Participation and confirmation

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

52-week volume profile

Volume map

Latest Volume
12.1M
13W Average
13.9M
52W Average
13.5M
Vs 13W
0.9x
Vs 52W
0.9x
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

Risk map

13W Volatility
3.4%
52W Volatility
3.7%
Upside Weeks
29
Downside Weeks
22
Downside Breadth
42.3%
Avg Gain / Loss
2.4% / -2.8%
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
LSE
Country
GB
Sector
Healthcare
Industry
Medical Devices
Currency
GBP
Market Cap
9.5B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Market Dynamics is negative, which weakens the current setup.
  • The share remains more than 20% below its 52-week high.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure 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 MD RS Volume Signal
12 Jun 2026 1,133 GBP -1.2% 1,220 GBP 1,121 GBP -1.03 -15.16 12.1M Off
5 Jun 2026 1,147 GBP 3.2% 1,224 GBP 1,122 GBP -0.96 -13.45 15.4M Off
29 May 2026 1,111 GBP -2.4% 1,228 GBP 1,122 GBP -1.01 -16.71 12.5M Off
22 May 2026 1,138 GBP 2.3% 1,238 GBP 1,123 GBP -0.90 -15.35 12.8M Off
15 May 2026 1,112 GBP 1.7% 1,246 GBP 1,123 GBP -0.85 -15.25 18.2M Off
8 May 2026 1,093 GBP -4.7% 1,254 GBP 1,124 GBP -0.73 -17.20 14.2M Off
1 May 2026 1,147 GBP -0.9% 1,261 GBP 1,125 GBP -0.44 -14.44 15.6M Off
24 Apr 2026 1,158 GBP -8.7% 1,268 GBP 1,126 GBP -0.39 -13.94 12.5M Off
17 Apr 2026 1,268 GBP 1.7% 1,274 GBP 1,127 GBP -0.21 -8.40 10.6M Off
10 Apr 2026 1,246 GBP 3.2% 1,277 GBP 1,127 GBP -0.20 -9.38 17.6M Off
3 Apr 2026 1,208 GBP 1.2% 1,282 GBP 1,127 GBP -0.22 -10.90 9.8M Off
27 Mar 2026 1,193 GBP -0.6% 1,289 GBP 1,126 GBP 0.06 -7.99 17.0M Off
20 Mar 2026 1,200 GBP -3.8% 1,296 GBP 1,126 GBP 0.31 -7.02 12.2M Off
13 Mar 2026 1,248 GBP -2.8% 1,302 GBP 1,126 GBP 0.53 -6.64 12.7M Off