- Price is above the Trend Line, keeping the weekly tape constructive.
- Activity pressure is positive on the latest completed week.
ERD
NZE
Week ended 07 Aug 2026
Weekly Investor Report
EROAD Limited · Technology · Software - Infrastructure
Latest close
1.00 NZD
0.5%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is 0.4% above the Trend Line and sits at 9.2% of its 52-week range. The latest completed week returned 0.5%, after a -2.4% four-week move. The latest news-sentiment score is 50/100. Near-term considerations: volume confirmation is below normal.
Setup score
27
out of 100
Latest Close
1.00 NZD
7 Aug 2026
1W Return
0.5%
latest completed week
4W Return
-2.4%
short-term follow-through
12W Return
3.6%
quarterly tape
Trend Breadth
25.0%
13 of 52 weeks active
Volume Ratio
0.8x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Next-week expectancy is negative at 43.49% based on similar historical setup states.
- 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
0.5%
Latest completed week; four-week move -2.4%.
Indicator stack
14/55
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.
Next-Week Expectancy
Negative 43.49%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
50/100
18 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 0.4% above the Trend Line and sits at 9.2% of its 52-week range. The latest completed week returned 0.5%, after a -2.4% 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 0.8x 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 0.3012-week average 0.28
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure12/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.30Current 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 -2.4% over four weeks, 3.6% over 12 weeks, and -48.5% 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 year13
Trend breadth25.0%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.49Latest activity-pressure read.
Pressure change-48.7%Four-week change in activity pressure.
Leadership-30.41Latest relative-leadership reading.
RS change1.6%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 18 relevant articles.
3 positive · 12 neutral · 3 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-65.8%Distance below the 52-week high.
13-week volatility3.2%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 higher13 of 2613 weeks finished lower.
Best week+6.8%Week of 8 May.
Worst week-14.2%Week of 13 Feb.
Latest week+0.5%Week of 7 Aug.
Shape of recent returns
Strong gains5
Modest gains8
Flat weeks0
Modest losses10
Sharp losses3
Recent vol3.2%13-week weekly-return volatility.
Base vol8.0%52-week weekly-return volatility.
Up/down split25/25Count of positive and negative weeks in the 52-week window.
Average skew4.8% / -6.7%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.
SectorNZ Technology
4-week rank7 / 11
Group average-3.0%
Trend breadth18.2%
Trend18.2%active weekly trend signals
MD45.5%positive activity pressure
RS18.2%positive relative leadership
Four-week leaders
IndustryNZ Software - Infrastructure
4-week rank3 / 3
Group average6.4%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD66.7%positive activity pressure
RS0.0%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 tape24/100
Trend, activity pressure, participation, and risk combine to a 24/100 tape read.
Indicator analysis35/100Latest 12-week confirmation: trend 0/12, activity pressure 12/12, relative leadership 0/12.
Activity pressure 0.30; No reversal markers Next-Week ExpectancyNegative 43.49%Next-week expectancy is negative with a 43.49% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. 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 18 relevant articles.
EROAD Highlights Emissions Savings in FY26 Sustainability Report 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 | 1.00 NZD | 0.5% | 1.00 NZD | 1.15 NZD | 0.49 | -30.41 | 291.0K | Off |
| 31 Jul 2026 | 1.00 NZD | -1.0% | 1.01 NZD | 1.15 NZD | 0.57 | -31.13 | 321.6K | Off |
| 24 Jul 2026 | 1.01 NZD | 3.1% | 1.02 NZD | 1.15 NZD | 0.66 | -31.39 | 171.8K | Off |
| 17 Jul 2026 | 0.98 NZD | -4.9% | 1.02 NZD | 1.15 NZD | 0.79 | -33.41 | 166.6K | Off |
| 10 Jul 2026 | 1.03 NZD | -2.8% | 1.03 NZD | 1.15 NZD | 0.95 | -30.92 | 312.6K | Off |
| 3 Jul 2026 | 1.06 NZD | 3.9% | 1.03 NZD | 1.15 NZD | 0.95 | -28.44 | 129.3K | Off |
| 26 Jun 2026 | 1.02 NZD | -1.0% | 1.04 NZD | 1.15 NZD | 0.94 | -30.95 | 600.3K | Off |
| 19 Jun 2026 | 1.03 NZD | -2.8% | 1.06 NZD | 1.15 NZD | 0.98 | -30.74 | 402.2K | Off |
| 12 Jun 2026 | 1.06 NZD | -0.9% | 1.07 NZD | 1.15 NZD | 0.93 | -28.69 | 58.6K | Off |
| 5 Jun 2026 | 1.07 NZD | 1.9% | 1.09 NZD | 1.15 NZD | 0.87 | -27.25 | 113.1K | Off |
| 29 May 2026 | 1.05 NZD | 5.0% | 1.11 NZD | 1.15 NZD | 0.82 | -29.53 | 1.7M | Off |
| 22 May 2026 | 1.00 NZD | 3.1% | 1.14 NZD | 1.15 NZD | 0.50 | -32.05 | 124.9K | Off |
| 15 May 2026 | 0.97 NZD | -4.9% | 1.17 NZD | 1.14 NZD | 0.30 | -33.93 | 123.4K | Off |
| 8 May 2026 | 1.02 NZD | 6.8% | 1.20 NZD | 1.14 NZD | 0.28 | -31.58 | 184.3K | Off |
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.