- Price is above Fair Value, showing premium demand versus the model.
HGBS11
SAO
Week ended 07 Aug 2026
Weekly Investor Report
HEDGE Brasil Shopping Fundo de Investimento Imobiliário · Real Estate · Reit - Retail
Latest close
18.96 BRL
-0.1%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is -3.7% below the Trend Line and sits at 51.6% of its 52-week range. The latest completed week returned -0.1%, after a -1.1% four-week move. The latest news-sentiment score is 50/100.
Setup score
47
out of 100
Latest Close
18.96 BRL
7 Aug 2026
1W Return
-0.1%
latest completed week
4W Return
-1.1%
short-term follow-through
12W Return
-3.5%
quarterly tape
Trend Breadth
80.8%
42 of 52 weeks active
Volume Ratio
1.1x
vs 13-week average
- 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.
- 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
-0.1%
Latest completed week; four-week move -1.1%.
Indicator stack
44/26
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
50/100
1 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 -3.7% below the Trend Line and sits at 51.6% of its 52-week range. The latest completed week returned -0.1%, after a -1.1% 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 0.2112-week average 0.57
12-week confirmation
Trend active2/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.21Current 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 -1.1% over four weeks, -3.5% over 12 weeks, and 8.8% 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 year42
Trend breadth80.8%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-1.35Latest activity-pressure read.
Pressure change5.2%Four-week change in activity pressure.
Leadership-5.54Latest relative-leadership reading.
RS change36.2%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 sentiment50/100
Weighted news tone is neutral across 1 relevant articles.
0 positive · 1 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-8.4%Distance below the 52-week high.
13-week volatility0.8%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 higher10 of 2614 weeks finished lower.
Best week+1.8%Week of 10 Apr.
Worst week-2.1%Week of 15 May.
Latest week-0.1%Week of 7 Aug.
Shape of recent returns
Strong gains0
Modest gains10
Flat weeks2
Modest losses14
Sharp losses0
Recent vol0.8%13-week weekly-return volatility.
Base vol1.0%52-week weekly-return volatility.
Up/down split31/18Count of positive and negative weeks in the 52-week window.
Average skew0.8% / -0.9%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.
SectorBR Real Estate
4-week rank41 / 100
Group average-3.0%
Trend breadth24.0%
Trend24.0%active weekly trend signals
MD33.0%positive activity pressure
RS25.0%positive relative leadership
Four-week leaders
IndustryBR Reit - Retail
4-week rank5 / 8
Group average-1.4%
Trend breadth37.5%
Trend37.5%active weekly trend signals
MD50.0%positive activity pressure
RS25.0%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.
Weekly tape47/100
Trend, activity pressure, participation, and risk combine to a 47/100 tape read.
Indicator analysis16/100Latest 12-week confirmation: trend 2/12, activity pressure 0/12, relative leadership 0/12.
Activity pressure 0.21; No 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 Sentiment50/100Weighted news tone is neutral across 1 relevant articles.
Brazil’s REITs Helping to Address Real Estate Undersupply: Hedge Investments 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 | 18.96 BRL | -0.1% | 19.68 BRL | 18.15 BRL | -1.35 | -5.54 | 982.9K | Off |
| 31 Jul 2026 | 18.97 BRL | 0.1% | 19.69 BRL | 18.14 BRL | -1.28 | -8.68 | 1.3M | Off |
| 24 Jul 2026 | 18.96 BRL | -1.0% | 19.70 BRL | 18.13 BRL | -1.30 | -7.00 | 813.1K | Off |
| 17 Jul 2026 | 19.16 BRL | -0.1% | 19.71 BRL | 18.12 BRL | -1.32 | -6.20 | 1.3M | Off |
| 10 Jul 2026 | 19.17 BRL | -0.2% | 19.72 BRL | 18.11 BRL | -1.42 | -8.69 | 733.5K | Off |
| 3 Jul 2026 | 19.20 BRL | 0.1% | 19.73 BRL | 18.09 BRL | -1.50 | -7.03 | 117.8K | Off |
| 26 Jun 2026 | 19.18 BRL | 0.0% | 19.73 BRL | 18.08 BRL | -1.49 | -6.85 | 138.0K | Off |
| 19 Jun 2026 | 19.18 BRL | -1.2% | 19.72 BRL | 18.06 BRL | -1.36 | -4.57 | 798.3K | Off |
| 12 Jun 2026 | 19.42 BRL | -1.5% | 19.72 BRL | 18.04 BRL | -1.32 | -5.07 | 158.8K | Off |
| 5 Jun 2026 | 19.71 BRL | 0.0% | 19.70 BRL | 18.01 BRL | -1.17 | -2.71 | 285.5K | Off |
| 29 May 2026 | 19.71 BRL | 1.3% | 19.68 BRL | 17.99 BRL | -0.86 | -5.59 | 1.7M | On |
| 22 May 2026 | 19.46 BRL | -1.0% | 19.65 BRL | 17.96 BRL | -0.62 | -8.33 | 1.4M | On |
| 15 May 2026 | 19.66 BRL | -2.1% | 19.64 BRL | 17.94 BRL | -0.06 | -8.28 | 2.0M | On |
| 8 May 2026 | 20.08 BRL | -0.9% | 19.61 BRL | 17.91 BRL | 0.52 | -10.09 | 1.9M | 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.