JNB Equity Snapshot

CHP Weekly Equity Report

Choppies Enterprises Limited

Latest Close 133.0 ZAC 12 Jun 2026
1W Return -20.4% latest completed week
4W Return -19.4% short-term follow-through
12W Return -32.8% quarterly tape
Trend Breadth 63.5% 33 of 52 weeks active
Volume Ratio 0.8x vs 13-week average
Company Brief

What the company does

Choppies Enterprises Limited operates a chain of supermarkets in Botswana, Zambia, and Namibia. The company operates through Botswana; Namibia; Zambia; Liquorama; and Rest of Choppies segments. It offers fast-moving consumer goods; engages in retail and wholesale of liquor; and milling and manufacturing of tissue and bottled water, as well as hardware retail business. The company's stores offer fresh, frozen, canned, dry foods, snacks, ethnic specialties, health and beauty care, household, as well as laundry and tobacco products, and other general merchandise. It also provides value-added financial services. The company operates all its stores under the …

Snapshot

What the weekly tape is saying

CHP closed the latest completed week at 133.0 ZAC. The 4-week return is -19.4% and the 12-week return is -32.8%. Trend Signal is inactive, Market Dynamics is -0.13. Setup signature: Risk-first tape with a 20/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -54.1%
Volume 0.8x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 35 Persistence of active Trend Signal over the last year and current streak.
Momentum 0 Blend of 4-week and 12-week follow-through.
Dynamics 54 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 32 Participation compared with the 13-week volume baseline.
Risk Control 0 Drawdown and recent weekly volatility pressure.

16-week signal tape

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
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
289.5 ZAC
Vs Trend Line
-54.1%
Fair Value
130.8 ZAC
Vs Fair Value
1.6%
52W High
800.0 ZAC
52W Low
110.0 ZAC
Drawdown
-83.4%
Range Position
3.3%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -20.4%
4W -19.4%
12W -32.8%
26W -73.9%
52W 13.7%

Trend read

Active Streak
0 weeks
52W Active Weeks
33
52W Active Breadth
63.5%
Sector Scope
ZA Consumer Defensive
Sector Rank
21 of 21
Sector Percentile
0.0%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-0.13
4W MD Change
81.1%
Relative Strength
-47.49
4W RS Change
-34.2%
Expectation
Undecided
Probability
47.89%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
80.4K
13W Average
105.9K
52W Average
896.0K
Vs 13W
0.8x
Vs 52W
0.1x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
6.1%
52W Volatility
13.9%
Upside Weeks
29
Downside Weeks
21
Downside Breadth
40.4%
Avg Gain / Loss
9.1% / -9.4%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
JNB
Country
ZA
Sector
Consumer Defensive
Industry
Grocery Stores
Currency
ZAC
Market Cap
2.9B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Market Dynamics is negative, which weakens the current setup.
  • The share remains more than 20% below its 52-week high.
  • The latest week was a sharp negative move.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 133.0 ZAC -20.4% 289.5 ZAC 130.8 ZAC -0.13 -47.49 80.4K Off
5 Jun 2026 167.0 ZAC 2.5% 295.6 ZAC 130.4 ZAC -0.21 -33.23 58.3K Off
29 May 2026 163.0 ZAC -0.6% 299.4 ZAC 129.7 ZAC -0.36 -36.60 51.8K Off
22 May 2026 164.0 ZAC -0.6% 302.9 ZAC 129.1 ZAC -0.49 -35.25 80.0K Off
15 May 2026 165.0 ZAC -5.7% 305.8 ZAC 128.5 ZAC -0.66 -35.38 169.0K Off
8 May 2026 175.0 ZAC -4.9% 308.6 ZAC 127.9 ZAC -0.79 -33.20 26.3K Off
1 May 2026 184.0 ZAC 0.5% 311.1 ZAC 127.2 ZAC -0.90 -27.87 43.6K Off
24 Apr 2026 183.0 ZAC -4.2% 312.1 ZAC 126.5 ZAC -0.96 -28.79 59.2K Off
17 Apr 2026 191.0 ZAC 3.8% 312.5 ZAC 125.7 ZAC -0.97 -28.27 340.4K Off
10 Apr 2026 184.0 ZAC 0.5% 312.6 ZAC 124.9 ZAC -0.97 -29.36 128.9K Off
3 Apr 2026 183.0 ZAC 1.7% 312.6 ZAC 124.1 ZAC -0.96 -27.79 126.1K Off
27 Mar 2026 180.0 ZAC -9.1% 312.5 ZAC 123.4 ZAC -0.98 -25.96 119.5K Off
20 Mar 2026 198.0 ZAC -1.0% 312.1 ZAC 122.7 ZAC -0.97 -17.01 93.6K Off
13 Mar 2026 200.0 ZAC 17.6% 311.0 ZAC 121.9 ZAC -0.84 -19.21 195.3K Off