FBU NZE Week ended 07 Aug 2026

Weekly Investor Report

Fletcher Building Limited · Basic Materials · Building Materials

Latest close 3.75 NZD
2.7% latest week
Weekly setup

Mixed setup

The weekly trend is not active. Price is 12.2% above the Trend Line and sits at 83.3% of its 52-week range. The latest completed week returned 2.7%, after a 3.9% four-week move. The latest news-sentiment score is 61/100.

Setup score 60 out of 100
Latest Close 3.75 NZD 7 Aug 2026
1W Return 2.7% latest completed week
4W Return 3.9% short-term follow-through
12W Return 23.8% quarterly tape
Trend Breadth 40.4% 21 of 52 weeks active
Volume Ratio 1.4x vs 13-week average
What is working
  • 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.
  • Activity pressure is constructive, supporting the smart-money activity read.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
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 12.2% above the Trend Line and sits at 83.3% of its 52-week range. The latest completed week returned 2.7%, after a 3.9% 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 1.4x 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 0.5612-week average 0.22

12-week confirmation

Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure7/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership7/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.56Current proprietary activity-pressure read.
Buy signals1Accumulation 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 3.9% over four weeks, 23.8% over 12 weeks, and 27.1% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W2.7%
4W3.9%
12W23.8%
26W1.9%
52W27.1%
Active trend streak0 weeks
Active weeks in one year21
Trend breadth40.4%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure1.25Latest activity-pressure read.
Pressure change127.5%Four-week change in activity pressure.
Leadership8.14Latest relative-leadership reading.
RS change45.7%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 sentiment61/100

Weighted news tone is positive across 33 relevant articles.

4 positive · 25 neutral · 4 negative
Patient CapitalRecent

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

Recent buy signal in the last 8 weeks
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-5.5%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 higher11 of 2615 weeks finished lower.
Best week+7.4%Week of 15 May.
Worst week-7.4%Week of 3 Apr.
Latest week+2.7%Week of 7 Aug.

Shape of recent returns

Strong gains4
Modest gains7
Flat weeks0
Modest losses12
Sharp losses3
Recent vol3.0%13-week weekly-return volatility.
Base vol3.8%52-week weekly-return volatility.
Up/down split26/26Count of positive and negative weeks in the 52-week window.
Average skew3.7% / -2.6%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.

IndustryNZ Building Materials
4-week rank1 / 1
Group average3.9%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD100.0%positive activity pressure
RS100.0%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
7 Aug 20263.75 NZD2.7%3.34 NZD3.50 NZD1.258.144.5MOff
31 Jul 20263.65 NZD-2.1%3.34 NZD3.51 NZD1.216.555.3MOff
24 Jul 20263.73 NZD-0.5%3.34 NZD3.52 NZD1.048.575.4MOff
17 Jul 20263.75 NZD3.9%3.34 NZD3.53 NZD0.8310.106.1MOff
10 Jul 20263.61 NZD6.8%3.34 NZD3.54 NZD0.555.583.7MOff
3 Jul 20263.38 NZD0.3%3.34 NZD3.55 NZD0.290.23260.9KOff
26 Jun 20263.37 NZD6.0%3.35 NZD3.56 NZD0.090.90602.3KOff
19 Jun 20263.18 NZD-0.3%3.35 NZD3.57 NZD-0.06-4.672.8MOff
12 Jun 20263.19 NZD3.2%3.35 NZD3.59 NZD-0.24-3.74725.1KOff
5 Jun 20263.09 NZD-1.6%3.36 NZD3.60 NZD-0.48-5.24306.4KOff
29 May 20263.14 NZD2.6%3.37 NZD3.61 NZD-0.72-4.384.9MOff
22 May 20263.06 NZD1.0%3.38 NZD3.62 NZD-0.93-5.125.8MOff
15 May 20263.03 NZD7.4%3.38 NZD3.63 NZD-1.19-6.033.0MOff
8 May 20262.82 NZD-2.8%3.39 NZD3.64 NZD-1.26-14.145.8MOff
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