TEL2-B STO Week ended 07 Aug 2026

Weekly Investor Report

Tele2 AB (publ) · Communication Services · Telecom Services

Latest close 163.9 SEK
-0.7% latest week
Weekly setup

Weak trend

The weekly trend is not active. Price is -6.7% below the Trend Line and sits at 46.4% of its 52-week range. The latest completed week returned -0.7%, after a -2.3% four-week move. The latest news-sentiment score is 50/100. Near-term considerations: volume confirmation is below normal.

Setup score 40 out of 100
Latest Close 163.9 SEK 7 Aug 2026
1W Return -0.7% latest completed week
4W Return -2.3% short-term follow-through
12W Return -8.3% quarterly tape
Trend Breadth 82.7% 43 of 52 weeks active
Volume Ratio 0.6x vs 13-week average
What is working
  • Price is above Fair Value, showing premium demand versus the model.
  • Next-week expectancy is positive at 63.87% 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 -6.7% below the Trend Line and sits at 46.4% of its 52-week range. The latest completed week returned -0.7%, after a -2.3% 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 0.6x 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
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 0.3412-week average 0.64

12-week confirmation

Trend active7/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership2/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.34Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers99 reversal markers

No recent accumulation markers. 9 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -2.3% over four weeks, -8.3% over 12 weeks, and 11.0% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W-0.7%
4W-2.3%
12W-8.3%
26W-3.6%
52W11.0%
Active trend streak0 weeks
Active weeks in one year43
Trend breadth82.7%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-1.04Latest activity-pressure read.
Pressure change-9.1%Four-week change in activity pressure.
Leadership-11.35Latest relative-leadership reading.
RS change-85.0%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 sentiment50/100

Weighted news tone is neutral across 3 relevant articles.

0 positive · 3 neutral · 0 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-14.9%Distance below the 52-week high.
13-week volatility3.8%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 higher16 of 2610 weeks finished lower.
Best week+7.3%Week of 12 Jun.
Worst week-7.0%Week of 19 Jun.
Latest week-0.7%Week of 7 Aug.

Shape of recent returns

Strong gains2
Modest gains14
Flat weeks0
Modest losses6
Sharp losses4
Recent vol3.8%13-week weekly-return volatility.
Base vol3.0%52-week weekly-return volatility.
Up/down split30/22Count of positive and negative weeks in the 52-week window.
Average skew2.1% / -2.3%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.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
7 Aug 2026163.9 SEK-0.7%175.7 SEK120.7 SEK-1.04-11.357.7MOff
31 Jul 2026165.1 SEK1.0%175.2 SEK120.1 SEK-1.07-9.1312.0MOff
24 Jul 2026163.5 SEK1.3%174.7 SEK119.5 SEK-1.12-8.9141.3MOff
17 Jul 2026161.4 SEK-3.9%174.2 SEK118.8 SEK-1.16-8.7410.4MOff
10 Jul 2026167.9 SEK1.1%173.8 SEK118.2 SEK-0.96-6.146.5MOff
3 Jul 2026166.0 SEK-5.9%173.0 SEK117.6 SEK-0.81-9.101.0MOn
26 Jun 2026176.4 SEK1.4%172.2 SEK117.1 SEK-0.77-0.65832.9KOn
19 Jun 2026173.9 SEK-7.0%171.2 SEK116.4 SEK-0.73-2.7037.3MOn
12 Jun 2026186.9 SEK7.3%170.2 SEK115.8 SEK-0.756.752.0MOn
5 Jun 2026174.2 SEK0.5%168.7 SEK115.1 SEK-0.63-0.401.4MOn
29 May 2026173.3 SEK-5.1%167.8 SEK114.5 SEK-0.45-1.5711.6MOn
22 May 2026182.6 SEK2.1%166.9 SEK113.9 SEK-0.323.4610.6MOn
15 May 2026178.8 SEK-0.1%165.7 SEK113.2 SEK-0.125.0724.8MOn
8 May 2026178.9 SEK-2.8%164.9 SEK112.6 SEK0.014.118.5MOn
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.

Evidence context