- 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.
NCSM
NASDAQ
Week ended 28 Aug 2026
Weekly Investor Report
NCS Multistage Holdings Inc · Energy · Oil & Gas Equipment & Services
Latest close
51.64 USD
3.6%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is 0.8% above the Trend Line and sits at 33.0% of its 52-week range. The latest completed week returned 3.6%, after a 9.9% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is inexpensive relative to peers. The latest news-sentiment score is 48/100. Near-term considerations: volume confirmation is below normal.
Setup score
41
out of 100
Latest Close
51.64 USD
28 Aug 2026
1W Return
3.6%
latest completed week
4W Return
9.9%
short-term follow-through
12W Return
-0.7%
quarterly tape
Trend Breadth
67.3%
35 of 52 weeks active
Volume Ratio
0.4x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- 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
3.6%
Latest completed week; four-week move 9.9%.
Indicator stack
37/59
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
48/100
14 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 not active. Price is 0.8% above the Trend Line and sits at 33.0% of its 52-week range. The latest completed week returned 3.6%, after a 9.9% 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 0.4x 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
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
14 Aug
21 Aug
28 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 0.2012-week average 0.32
12-week confirmation
Trend active2/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure1/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership1/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.20Current proprietary activity-pressure read.
Buy signals0Accumulation 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 9.9% over four weeks, -0.7% over 12 weeks, and 35.5% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year35
Trend breadth67.3%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.03Latest activity-pressure read.
Pressure change102.9%Four-week change in activity pressure.
Leadership-1.64Latest relative-leadership reading.
RS change73.0%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 is middle-of-the-pack; growth is moderate; valuation is inexpensive relative to peers.
Factor week 30 Aug 2026
Financial statements through 30 Jun 2026
Field coverage 97%
Model confidence 97%
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.
Value93/100Relative valuation strength. Underlying universe rank 8; rank 1 is best.
Quality67/100Profitability and accounting quality. Underlying universe rank 34; rank 1 is best.
Momentum80/100Medium-term price momentum. Underlying universe rank 21; rank 1 is best.
Growth26/100Revenue and earnings growth. Underlying universe rank 75; 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.
Value-quality framework52/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 9.8x Price divided by trailing earnings.
- Price / sales
- 0.7x Market value relative to trailing revenue.
- EV / EBITDA
- 8.4x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 13.6% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 37.6% Gross profit retained from each unit of revenue.
- Operating margin
- 5.2% Operating profit retained from revenue.
- Free-cash-flow margin
- 10.0% Free cash flow generated from revenue.
- Return on invested capital
- 7.3% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 3.4% Latest one-year revenue growth.
- EPS growth
- 9.5% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 99.3% 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
- 0.8% Net share repurchases relative to market value.
- Shareholder yield
- 0.8% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- -1.5x 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 14 relevant articles.
2 positive · 8 neutral · 4 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-40.9%Distance below the 52-week high.
13-week volatility8.1%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.
6 Mar
3 Apr
1 May
29 May
26 Jun
24 Jul
28 Aug
Weeks higher17 of 269 weeks finished lower.
Best week+32.5%Week of 13 Mar.
Worst week-37.1%Week of 1 May.
Latest week+3.6%Week of 28 Aug.
Shape of recent returns
Strong gains12
Modest gains5
Flat weeks0
Modest losses3
Sharp losses6
Recent vol8.1%13-week weekly-return volatility.
Base vol11.2%52-week weekly-return volatility.
Up/down split32/20Count of positive and negative weeks in the 52-week window.
Average skew7.3% / -8.5%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.
SectorUS Energy
4-week rank- / 100
Group average4.2%
Trend breadth61.0%
Trend61.0%active weekly trend signals
MD49.0%positive activity pressure
RS71.0%positive relative leadership
Four-week leaders
IndustryUS Oil & Gas Equipment & Services
4-week rank15 / 49
Group average3.9%
Trend breadth28.6%
Trend28.6%active weekly trend signals
MD32.7%positive activity pressure
RS40.8%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 tape38/100
Trend, activity pressure, participation, and risk combine to a 38/100 tape read.
Indicator analysis20/100Latest 12-week confirmation: trend 2/12, activity pressure 1/12, relative leadership 1/12.
Activity pressure 0.20; No reversal markers Factors83/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Tiny Titans rank 13; Buyback Yield rank 31; Small Cap Core rank 13 SVQF52/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 360.0 of 746 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment48/100Weighted news tone is neutral across 14 relevant articles.
Weatherford International, NCS Multistage Set Merger Election Deadline 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 |
|---|---|---|---|---|---|---|---|---|
| 28 Aug 2026 | 51.64 USD | 3.6% | 51.23 USD | 30.29 USD | 0.03 | -1.64 | 36.4K | Off |
| 21 Aug 2026 | 49.83 USD | -3.6% | 50.83 USD | 30.06 USD | -0.25 | -4.56 | 11.3K | Off |
| 14 Aug 2026 | 51.68 USD | 8.2% | 50.49 USD | 29.86 USD | -0.44 | -3.27 | 31.4K | Off |
| 7 Aug 2026 | 47.75 USD | 1.6% | 50.10 USD | 29.64 USD | -0.72 | -9.40 | 31.2K | Off |
| 31 Jul 2026 | 47.00 USD | -0.5% | 49.77 USD | 29.45 USD | -0.87 | -6.07 | 27.3K | Off |
| 24 Jul 2026 | 47.23 USD | 8.4% | 49.52 USD | 29.26 USD | -0.91 | -4.82 | 134.1K | Off |
| 17 Jul 2026 | 43.59 USD | -3.8% | 49.29 USD | 29.08 USD | -0.97 | -13.20 | 26.3K | Off |
| 10 Jul 2026 | 45.33 USD | 1.7% | 49.17 USD | 28.92 USD | -0.92 | -13.34 | 31.4K | Off |
| 3 Jul 2026 | 44.59 USD | 0.3% | 49.07 USD | 28.76 USD | -0.85 | -13.02 | 28.7K | Off |
| 26 Jun 2026 | 44.44 USD | -10.1% | 48.90 USD | 28.58 USD | -0.61 | -12.37 | 79.9K | Off |
| 19 Jun 2026 | 49.45 USD | -9.0% | 48.62 USD | 28.41 USD | -0.61 | -6.67 | 111.5K | On |
| 12 Jun 2026 | 54.33 USD | 4.5% | 48.21 USD | 28.20 USD | -0.62 | 5.43 | 128.3K | On |
| 5 Jun 2026 | 52.00 USD | 22.7% | 47.63 USD | 27.97 USD | -0.62 | 3.70 | 413.7K | Off |
| 29 May 2026 | 42.38 USD | -4.2% | 47.13 USD | 27.75 USD | -0.62 | -18.95 | 60.5K | 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.