NSA NYSE Week ended 24 Jul 2026

Weekly Investor Report

National Storage Affiliates Trust · Real Estate · Reit - Industrial

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Latest close 43.41 USD
-2.4% latest week
Weekly setup

Mixed setup

The weekly trend is active. Price is 12.9% above the Trend Line and sits at 86.0% of its 52-week range. The latest completed week returned -2.4%, after a -4.4% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is expensive relative to peers. The latest news-sentiment score is 53/100. Near-term considerations: earnings are due in 2d.

Setup score 68 out of 100
Latest Close 43.41 USD 24 Jul 2026
1W Return -2.4% latest completed week
4W Return -4.4% short-term follow-through
12W Return 3.5% quarterly tape
Trend Breadth 50.0% 26 of 52 weeks active
Volume Ratio 4.4x vs 13-week average
What is working
  • The trend backdrop is active with a 26-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.
What could go wrong
  • 18 reversal markers appear in the recent smart-money tape.
  • Latest weekly return ranks in the weaker part of its sector group.
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.
Price follow-through -2.4% Latest completed week; four-week move -4.4%. Indicator stack 72/47 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 65 relevant articles in the latest sentiment read. Event risk 2d Next report is scheduled for 03 Aug 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 12.9% above the Trend Line and sits at 86.0% of its 52-week range. The latest completed week returned -2.4%, after a -4.4% 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 4.4x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.

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 0.9212-week average 0.85

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 pressure0.92Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers1818 reversal markers

No recent accumulation markers. 18 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -4.4% over four weeks, 3.5% over 12 weeks, and 48.0% over one year. The current trend has remained active for 26 consecutive weeks.

Performance by holding period

1W-2.4%
4W-4.4%
12W3.5%
26W37.0%
52W48.0%
Active trend streak26 weeks
Active weeks in one year26
Trend breadth50.0%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.18Latest activity-pressure read.
Pressure change-81.6%Four-week change in activity pressure.
Leadership17.81Latest relative-leadership reading.
RS change-34.5%Four-week change in relative leadership.
04 · Fundamentals and valuation

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 expensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Mar 2026 Field coverage 100% Model confidence 96%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength19/100Blend of value, momentum, and quality. Underlying universe rank 82; rank 1 is best.
Value14/100Relative valuation strength. Underlying universe rank 87; rank 1 is best.
Quality27/100Profitability and accounting quality. Underlying universe rank 74; rank 1 is best.
Momentum86/100Medium-term price momentum. Underlying universe rank 15; rank 1 is best.
Growth24/100Revenue and earnings growth. Underlying universe rank 77; rank 1 is best.
How to read this

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
42.9x
Price divided by trailing earnings.
Price / sales
4.5x
Market value relative to trailing revenue.
EV / EBITDA
16.2x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
5.0%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
33.9%
Gross profit retained from each unit of revenue.
Operating margin
38.3%
Operating profit retained from revenue.
Free-cash-flow margin
51.2%
Free cash flow generated from revenue.
Return on invested capital
6.5%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
-1.6%
Latest one-year revenue growth.
EPS growth
20.0%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-6.0%
Latest one-year free-cash-flow growth.
Piotroski F-score
5/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
5.3%
Cash dividends relative to market value.
Buyback yield
0.5%
Net share repurchases relative to market value.
Shareholder yield
5.9%
Dividend yield plus net buyback yield.
Net debt / EBITDA
7.2x
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 activity3 / 17

3 acquisitions and 17 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment53/100

Weighted news tone is neutral across 65 relevant articles.

14 positive · 46 neutral · 5 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 earnings2dNext report is scheduled for 03 Aug 2026; event risk rises as the date approaches.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-6.1%Distance below the 52-week high.
13-week volatility3.0%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 higher14 of 2612 weeks finished lower.
Best week+20.0%Week of 20 Mar.
Worst week-7.7%Week of 13 Mar.
Latest week-2.4%Week of 24 Jul.

Shape of recent returns

Strong gains7
Modest gains7
Flat weeks0
Modest losses10
Sharp losses2
Recent vol3.0%13-week weekly-return volatility.
Base vol4.9%52-week weekly-return volatility.
Up/down split27/25Count of positive and negative weeks in the 52-week window.
Average skew4.3% / -2.8%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.

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 tape70/100

Trend, activity pressure, participation, and risk combine to a 70/100 tape read.

 Indicator analysis82/100

Latest 12-week confirmation: trend 12/12, activity pressure 12/12, relative leadership 12/12.

Activity pressure 0.92; 18 reversal markers Factors33/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 35; Small Cap Core rank 76 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Sentiment53/100

Weighted news tone is neutral across 65 relevant articles.

Vanguard Capital Management (NSA) discloses 3.89M-share, 5.01% position in National Storage Affiliates Insiders3 / 17

3 acquisitions and 17 disposals in the latest 180-day insider tape.

 Earnings2d

Next report is scheduled for 03 Aug 2026; event risk rises as the date approaches.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 202643.41 USD-2.4%38.46 USD33.66 USD0.1817.8127.3MOn
17 Jul 202644.47 USD-0.6%37.91 USD33.56 USD0.3920.5310.2MOn
10 Jul 202644.73 USD-2.8%37.34 USD33.46 USD0.6319.953.1MOn
3 Jul 202646.01 USD1.3%36.79 USD33.37 USD0.9525.553.2MOn
26 Jun 202645.40 USD2.2%36.20 USD33.26 USD0.9927.203.8MOn
19 Jun 202644.42 USD-1.6%35.62 USD33.16 USD1.0122.142.9MOn
12 Jun 202645.15 USD5.3%35.05 USD33.05 USD0.9925.703.9MOn
5 Jun 202642.89 USD1.8%34.48 USD32.95 USD0.9420.504.2MOn
29 May 202642.12 USD-0.1%34.02 USD32.87 USD1.1615.652.6MOn
22 May 202642.17 USD4.1%33.54 USD32.80 USD1.3717.573.0MOn
15 May 202640.51 USD-6.1%33.13 USD32.72 USD1.5313.995.1MOn
8 May 202643.12 USD2.8%32.81 USD32.66 USD1.7421.484.9MOn
1 May 202641.96 USD-1.9%32.32 USD32.58 USD1.7520.896.9MOn
24 Apr 202642.79 USD0.1%31.88 USD32.51 USD1.7824.264.7MOn
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.