- The trend backdrop is active with a 20-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 constructive, supporting the smart-money activity read.
BLX
TOR
Week ended 07 Aug 2026
Weekly Investor Report
Boralex Inc. · Utilities · Utilities - Renewable
Latest close
37.20 CAD
0.3%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 11.3% above the Trend Line and sits at 99.8% of its 52-week range. The latest completed week returned 0.3%, after a 0.4% four-week move. The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks weakly; valuation is expensive relative to peers. The latest news-sentiment score is 50/100. Near-term considerations: price is close to its 52-week high.
Setup score
60
out of 100
Latest Close
37.20 CAD
7 Aug 2026
1W Return
0.3%
latest completed week
4W Return
0.4%
short-term follow-through
12W Return
1.4%
quarterly tape
Trend Breadth
42.3%
22 of 52 weeks active
Volume Ratio
1.1x
vs 13-week average
- Activity pressure is negative, which weakens the current setup.
- 6 reversal markers appear in the recent smart-money tape.
- Price is close to its 52-week high; watch for continuation or exhaustion.
- 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
0.3%
Latest completed week; four-week move 0.4%.
Indicator stack
68/33
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
6 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 active. Price is 11.3% above the Trend Line and sits at 99.8% of its 52-week range. The latest completed week returned 0.3%, after a 0.4% 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 0.9512-week average 0.94
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure7/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.95Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers66 reversal markers
No recent accumulation markers. 6 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 0.4% over four weeks, 1.4% over 12 weeks, and 31.2% over one year. The current trend has remained active for 20 consecutive weeks.
Performance by holding period
Active trend streak20 weeks
Active weeks in one year22
Trend breadth42.3%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.36Latest activity-pressure read.
Pressure change-131.7%Four-week change in activity pressure.
Leadership8.77Latest relative-leadership reading.
RS change-21.1%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks weakly; valuation is expensive relative to peers.
Factor week 09 Aug 2026
Financial statements through 31 Mar 2026
Field coverage 88%
Model confidence 82%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength11/100Blend of value, momentum, and quality. Underlying universe rank 90; rank 1 is best.
Value15/100Relative valuation strength. Underlying universe rank 86; rank 1 is best.
Quality11/100Profitability and accounting quality. Underlying universe rank 90; rank 1 is best.
Momentum66/100Medium-term price momentum. Underlying universe rank 35; rank 1 is best.
Growth5/100Revenue and earnings growth. Underlying universe rank 96; rank 1 is best.
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.
Value-quality framework6/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- - Price divided by trailing earnings.
- Price / sales
- 4.3x Market value relative to trailing revenue.
- EV / EBITDA
- 17.3x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- -1.8% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- - Gross profit retained from each unit of revenue.
- Operating margin
- 22.7% Operating profit retained from revenue.
- Free-cash-flow margin
- -17.4% Free cash flow generated from revenue.
- Return on invested capital
- 2.6% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- -0.5% Latest one-year revenue growth.
- EPS growth
- -80.6% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- - 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
- 1.8% Cash dividends relative to market value.
- Buyback yield
- 0.0% Net share repurchases relative to market value.
- Shareholder yield
- 1.8% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- 8.7x 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 activity-
No recent insider transactions are stored for this company.
News sentiment50/100
Weighted news tone is neutral across 6 relevant articles.
0 positive · 5 neutral · 1 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-0.1%Distance below the 52-week high.
13-week volatility0.4%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 higher15 of 2611 weeks finished lower.
Best week+29.9%Week of 27 Mar.
Worst week-3.3%Week of 20 Feb.
Latest week+0.3%Week of 7 Aug.
Shape of recent returns
Strong gains3
Modest gains12
Flat weeks0
Modest losses11
Sharp losses0
Recent vol0.4%13-week weekly-return volatility.
Base vol4.8%52-week weekly-return volatility.
Up/down split29/23Count of positive and negative weeks in the 52-week window.
Average skew2.6% / -1.9%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.
SectorCA Utilities
4-week rank6 / 18
Group average-3.2%
Trend breadth66.7%
Trend66.7%active weekly trend signals
MD55.6%positive activity pressure
RS22.2%positive relative leadership
Four-week leaders
IndustryCA Utilities - Renewable
4-week rank2 / 5
Group average-1.8%
Trend breadth80.0%
Trend80.0%active weekly trend signals
MD20.0%positive activity pressure
RS40.0%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 tape61/100
Trend, activity pressure, participation, and risk combine to a 61/100 tape read.
Indicator analysis74/100Latest 12-week confirmation: trend 12/12, activity pressure 7/12, relative leadership 12/12.
Activity pressure 0.95; 6 reversal markers Factors23/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 54; Small Cap Core rank 77 SVQF6/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 285.5 of 304 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment50/100Weighted news tone is neutral across 6 relevant articles.
TransAlta and Boralex Are Riding Canada’s Renewable Energy Growth Story 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 | 37.20 CAD | 0.3% | 33.44 CAD | 29.95 CAD | -0.36 | 8.77 | 1.8M | On |
| 31 Jul 2026 | 37.08 CAD | 0.2% | 33.05 CAD | 29.89 CAD | -0.40 | 11.98 | 1.6M | On |
| 24 Jul 2026 | 37.01 CAD | -0.1% | 32.68 CAD | 29.84 CAD | -0.48 | 11.19 | 1.2M | On |
| 17 Jul 2026 | 37.03 CAD | -0.0% | 32.29 CAD | 29.81 CAD | -0.33 | 11.41 | 2.7M | On |
| 10 Jul 2026 | 37.04 CAD | -0.0% | 31.89 CAD | 29.78 CAD | -0.15 | 11.12 | 1.2M | On |
| 3 Jul 2026 | 37.05 CAD | 0.2% | 31.47 CAD | 29.76 CAD | 0.16 | 11.17 | 62.8K | On |
| 26 Jun 2026 | 36.98 CAD | 1.1% | 31.04 CAD | 29.73 CAD | 0.55 | 11.49 | 194.6K | On |
| 19 Jun 2026 | 36.57 CAD | -0.8% | 30.63 CAD | 29.71 CAD | 0.82 | 10.06 | 397.7K | On |
| 12 Jun 2026 | 36.85 CAD | 0.0% | 30.23 CAD | 29.69 CAD | 1.04 | 10.67 | 538.8K | On |
| 5 Jun 2026 | 36.84 CAD | -0.1% | 29.87 CAD | 29.68 CAD | 1.19 | 12.03 | 1.0M | On |
| 29 May 2026 | 36.87 CAD | 0.4% | 29.58 CAD | 29.67 CAD | 1.31 | 10.74 | 3.5M | On |
| 22 May 2026 | 36.73 CAD | 0.1% | 29.28 CAD | 29.67 CAD | 1.34 | 10.99 | 4.2M | On |
| 15 May 2026 | 36.70 CAD | 0.2% | 28.96 CAD | 29.65 CAD | 1.36 | 12.79 | 2.8M | On |
| 8 May 2026 | 36.61 CAD | -0.3% | 28.67 CAD | 29.64 CAD | 1.39 | 11.64 | 3.5M | 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.