- The trend backdrop is active with a 12-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.
VCX
ASX
Week ended 07 Aug 2026
Weekly Investor Report
Vicinity Centres · Real Estate · Reit - Retail
Latest close
2.71 AUD
1.1%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 7.9% above the Trend Line and sits at 96.1% of its 52-week range. The latest completed week returned 1.1%, after a 2.7% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is inexpensive relative to peers. The latest news-sentiment score is 53/100. Near-term considerations: price is close to its 52-week high.
Setup score
63
out of 100
Latest Close
2.71 AUD
7 Aug 2026
1W Return
1.1%
latest completed week
4W Return
2.7%
short-term follow-through
12W Return
8.0%
quarterly tape
Trend Breadth
69.2%
36 of 52 weeks active
Volume Ratio
1.1x
vs 13-week average
- 2 reversal markers appear in the recent smart-money tape.
- Price is close to its 52-week high; watch for continuation or exhaustion.
- 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
1.1%
Latest completed week; four-week move 2.7%.
Indicator stack
80/70
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
53/100
20 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 7.9% above the Trend Line and sits at 96.1% of its 52-week range. The latest completed week returned 1.1%, after a 2.7% 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 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
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 0.7612-week average 0.63
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure12/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.76Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers22 reversal markers
No recent accumulation markers. 2 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 2.7% over four weeks, 8.0% over 12 weeks, and 13.7% over one year. The current trend has remained active for 12 consecutive weeks.
Performance by holding period
Active trend streak12 weeks
Active weeks in one year36
Trend breadth69.2%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure1.05Latest activity-pressure read.
Pressure change13.4%Four-week change in activity pressure.
Leadership3.08Latest relative-leadership reading.
RS change-52.0%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 ranks strongly; valuation is inexpensive relative to peers.
Factor week 09 Aug 2026
Financial statements through 30 Jun 2025
Field coverage 85%
Model confidence 43%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength95/100Blend of value, momentum, and quality. Underlying universe rank 6; rank 1 is best.
Value84/100Relative valuation strength. Underlying universe rank 17; rank 1 is best.
Quality82/100Profitability and accounting quality. Underlying universe rank 19; rank 1 is best.
Momentum88/100Medium-term price momentum. Underlying universe rank 13; rank 1 is best.
Growth87/100Revenue and earnings growth. Underlying universe rank 14; 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
- 12.5x Price divided by trailing earnings.
- Price / sales
- 9.5x Market value relative to trailing revenue.
- EV / EBITDA
- 14.4x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 3.7% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 71.5% Gross profit retained from each unit of revenue.
- Operating margin
- 58.0% Operating profit retained from revenue.
- Free-cash-flow margin
- 48.8% Free cash flow generated from revenue.
- Return on invested capital
- 3.6% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 0.4% Latest one-year revenue growth.
- EPS growth
- 83.2% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- -6.5% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 4/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 4.5% Cash dividends relative to market value.
- Buyback yield
- 0.0% Net share repurchases relative to market value.
- Shareholder yield
- 4.5% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- 4.0x 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 sentiment53/100
Weighted news tone is neutral across 20 relevant articles.
5 positive · 15 neutral · 0 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-0.7%Distance below the 52-week high.
13-week volatility2.4%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 higher12 of 2611 weeks finished lower.
Best week+7.6%Week of 10 Apr.
Worst week-5.7%Week of 6 Mar.
Latest week+1.1%Week of 7 Aug.
Shape of recent returns
Strong gains2
Modest gains10
Flat weeks3
Modest losses9
Sharp losses2
Recent vol2.4%13-week weekly-return volatility.
Base vol2.6%52-week weekly-return volatility.
Up/down split27/22Count of positive and negative weeks in the 52-week window.
Average skew2.2% / -2.1%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.
SectorAU Real Estate
4-week rank29 / 53
Group average4.1%
Trend breadth35.8%
Trend35.8%active weekly trend signals
MD75.5%positive activity pressure
RS18.9%positive relative leadership
Four-week leaders
IndustryAU Reit - Retail
4-week rank2 / 7
Group average2.2%
Trend breadth85.7%
Trend85.7%active weekly trend signals
MD100.0%positive activity pressure
RS28.6%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 tape64/100
Trend, activity pressure, participation, and risk combine to a 64/100 tape read.
Indicator analysis83/100Latest 12-week confirmation: trend 12/12, activity pressure 12/12, relative leadership 12/12.
Activity pressure 0.76; 2 reversal markers Factors87/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 63 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment53/100Weighted news tone is neutral across 20 relevant articles.
A Closer Look at Vicinity Centres’ (ASX:VCX) Latest Market Move and Property Position 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 | 2.71 AUD | 1.1% | 2.51 AUD | 2.11 AUD | 1.05 | 3.08 | 37.1M | On |
| 31 Jul 2026 | 2.68 AUD | 1.1% | 2.51 AUD | 2.11 AUD | 1.10 | 5.36 | 43.1M | On |
| 24 Jul 2026 | 2.65 AUD | 1.1% | 2.50 AUD | 2.10 AUD | 1.04 | 6.82 | 34.9M | On |
| 17 Jul 2026 | 2.62 AUD | -0.8% | 2.50 AUD | 2.09 AUD | 0.97 | 5.56 | 37.8M | On |
| 10 Jul 2026 | 2.64 AUD | 0.0% | 2.49 AUD | 2.09 AUD | 0.93 | 6.43 | 47.9M | On |
| 3 Jul 2026 | 2.64 AUD | 0.0% | 2.49 AUD | 2.08 AUD | 0.71 | 6.13 | 7.1M | On |
| 26 Jun 2026 | 2.64 AUD | 2.7% | 2.48 AUD | 2.07 AUD | 0.41 | 7.22 | 9.6M | On |
| 19 Jun 2026 | 2.57 AUD | -0.4% | 2.47 AUD | 2.07 AUD | 0.44 | 3.77 | 24.8M | On |
| 12 Jun 2026 | 2.58 AUD | 6.2% | 2.47 AUD | 2.06 AUD | 0.41 | 4.53 | 12.1M | On |
| 5 Jun 2026 | 2.43 AUD | -4.0% | 2.46 AUD | 2.05 AUD | 0.33 | 0.56 | 11.1M | On |
| 29 May 2026 | 2.53 AUD | -1.6% | 2.46 AUD | 2.05 AUD | 0.45 | 3.47 | 101.2M | On |
| 22 May 2026 | 2.57 AUD | 2.4% | 2.46 AUD | 2.04 AUD | 0.39 | 6.10 | 42.4M | On |
| 15 May 2026 | 2.51 AUD | 3.3% | 2.46 AUD | 2.04 AUD | 0.44 | 4.09 | 40.4M | Off |
| 8 May 2026 | 2.43 AUD | -4.3% | 2.46 AUD | 2.03 AUD | 0.45 | -0.37 | 59.9M | 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.