MUX BUE Week ended 24 Jul 2026

Weekly Investor Report

McEwen Inc. · Basic Materials · Other Precious Metals & Mining

Latest close 13,660 ARS
5.6% latest week
Weekly setup

Weak trend

The weekly trend is not active. Price is -16.4% below the Trend Line and sits at 45.1% of its 52-week range. The latest completed week returned 5.6%, after a -0.7% four-week move. The latest news-sentiment score is 52/100. Near-term considerations: volume confirmation is below normal.

Setup score 31 out of 100
Latest Close 13,660 ARS 24 Jul 2026
1W Return 5.6% latest completed week
4W Return -0.7% short-term follow-through
12W Return -15.6% quarterly tape
Trend Breadth 84.6% 44 of 52 weeks active
Volume Ratio 0.5x vs 13-week average
What is working
  • Price is above Fair Value, showing premium demand versus the model.
  • Next-week expectancy is positive at 57.60% based on similar historical setup states.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Activity pressure is negative, which weakens the current setup.
  • Activity pressure is weak, so confirmation is not yet broad enough.
What to watch next
  • 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.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is -16.4% below the Trend Line and sits at 45.1% of its 52-week range. The latest completed week returned 5.6%, after a -0.7% four-week move.

Study the full chart

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 0.5x 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 0.1712-week average 0.38

12-week confirmation

Trend active4/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership3/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.17Current 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 -0.7% over four weeks, -15.6% over 12 weeks, and 85.9% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W5.6%
4W-0.7%
12W-15.6%
26W-33.0%
52W85.9%
Active trend streak0 weeks
Active weeks in one year44
Trend breadth84.6%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-1.21Latest activity-pressure read.
Pressure change10.0%Four-week change in activity pressure.
Leadership-22.16Latest relative-leadership reading.
RS change-34.6%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

A published fundamentals and factor snapshot is not available for this company.

Open full factor analysis

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 sentiment52/100

Weighted news tone is neutral across 26 relevant articles.

5 positive · 20 neutral · 1 negative
Patient 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-39.2%Distance below the 52-week high.
13-week volatility7.8%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher13 of 2613 weeks finished lower.
Best week+12.0%Week of 3 Apr.
Worst week-20.8%Week of 20 Mar.
Latest week+5.6%Week of 24 Jul.

Shape of recent returns

Strong gains8
Modest gains5
Flat weeks0
Modest losses1
Sharp losses12
Recent vol7.8%13-week weekly-return volatility.
Base vol9.4%52-week weekly-return volatility.
Up/down split31/21Count of positive and negative weeks in the 52-week window.
Average skew7.9% / -7.7%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.

IndustryAR Other Precious Metals & Mining
4-week rank2 / 2
Group average0.4%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD0.0%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.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 202613,660 ARS5.6%16,335 ARS9,308 ARS-1.21-22.1611.7KOff
17 Jul 202612,940 ARS-7.8%16,393 ARS9,272 ARS-1.07-24.0817.9KOff
10 Jul 202614,030 ARS-8.3%16,472 ARS9,242 ARS-1.05-19.515.7KOff
3 Jul 202615,300 ARS11.2%16,481 ARS9,202 ARS-1.10-9.6740.2KOff
26 Jun 202613,760 ARS-4.7%16,444 ARS9,151 ARS-1.34-16.4621.6KOff
19 Jun 202614,440 ARS1.6%16,462 ARS9,112 ARS-1.27-16.29912Off
12 Jun 202614,210 ARS2.7%16,390 ARS9,066 ARS-1.11-18.621.3KOff
5 Jun 202613,830 ARS-14.8%16,347 ARS9,022 ARS-0.80-13.3912.0KOff
29 May 202616,230 ARS3.4%16,283 ARS8,980 ARS-0.47-0.2834.8KOn
22 May 202615,690 ARS-7.4%16,204 ARS8,917 ARS-0.548.4736.0KOn
15 May 202616,940 ARS-5.0%16,191 ARS8,857 ARS-0.5224.7743.9KOn
8 May 202617,830 ARS10.1%16,173 ARS8,785 ARS-0.5530.6566.5KOn
1 May 202616,190 ARS-10.5%16,039 ARS8,703 ARS-0.7317.9816.9KOn
24 Apr 202618,090 ARS-4.1%15,941 ARS8,635 ARS-0.7633.3215.0KOn
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.