{"ticker": {"uuid": "17392441-0906-499d-8fd3-8a63c92bd4c9", "symbol": "EQU", "name": "Equites Property Fund Limited", "exchange": "JNB", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "EQU closed the latest completed week at 1,700 ZAC. The 4-week return is -6.2% and the 12-week return is -0.2%. Trend Signal is inactive, Market Dynamics is -0.47.", "description": "Equites Property Fund Limited (Equites) is a South African REIT. It has a clear focus on being a market leader in the logistics property market by developing and acquiring A-grade, modern logistics facilities in prime locations in South Africa and the United Kingdom. Equites listed on the Johannesburg Stock Exchange (JSE) on 18 June 2014 with a portfolio value of R1 billion and has since grown to a portfolio value to R19.3 billion 28 February 2021. The group continues to grow its portfolio through a significant development pipeline and high-quality acquisitions. Equites is the only listed property entity on the JSE to provide shareholders with pure exposure to prime logistics assets. Equites Property Fund Limited was established on May 20, 2013, and incorporated in South Africa.", "setup_signature": "Risk-first tape", "composite_score": "37", "kpis": [{"label": "Latest Close", "value": "1,700 ZAC", "hint": "2026-06-12"}, {"label": "1W Return", "value": "3.2%", "tone": "positive", "hint": "latest completed week"}, {"label": "4W Return", "value": "-6.2%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-0.2%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "76.9%", "hint": "40 of 52 weeks active"}, {"label": "Volume Ratio", "value": "0.5x", "hint": "vs 13-week average"}], "classification": {"exchange": "JNB", "country": "ZA", "sector": "Real Estate", "industry": "Reit - Industrial", "currency": "ZAC", "market_cap": "15.2B"}, "price": {"trend_line": "1,781 ZAC", "fair_value": "1,463 ZAC", "vs_trend": "-4.6%", "vs_fair_value": "16.2%", "high_52": "1,925 ZAC", "low_52": "1,475 ZAC", "drawdown": "-11.7%", "range_position": "50.0%"}, "momentum": {"returns": [{"label": "1W", "value": 3.217972070431087, "value_label": "3.2%", "tone": "positive", "width": 9.19420591551739}, {"label": "4W", "value": -6.245893397788711, "value_label": "-6.2%", "tone": "negative", "width": 17.845409707967747}, {"label": "12W", "value": -0.17615971814445097, "value_label": "-0.2%", "tone": "negative", "width": 4}, {"label": "26W", "value": -2.3549684089603677, "value_label": "-2.4%", "tone": "negative", "width": 6.7284811684581936}, {"label": "52W", "value": 12.926181524201516, "value_label": "12.9%", "tone": "positive", "width": 36.93194721200433}], "trend_streak": 0, "active_weeks": 40, "active_breadth": "76.9%", "peer": {"scope": "ZA Real Estate", "count": 37, "rank": 8, "percentile": 80.55555555555556, "avg_weekly_return": 0.5710581542040691}}, "setup": {"scores": [{"label": "Trend", "value": 42.307692307692314, "value_label": "42", "width": 42.307692307692314, "tone": "neutral", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 35.47590143875596, "value_label": "35", "width": 35.47590143875596, "tone": "neutral", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 44.87991815626865, "value_label": "45", "width": 44.87991815626865, "tone": "neutral", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 20.269211710977174, "value_label": "20", "width": 20.269211710977174, "tone": "negative", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 21.389736258850775, "value_label": "21", "width": 21.389736258850775, "tone": "negative", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 59.432083235370456, "value_label": "59", "width": 59.432083235370456, "tone": "neutral", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": 2.786709539121115, "return_label": "2.8%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 23.22257949267596}, {"week": "6 Mar", "return": -6.6214807090719505, "return_label": "-6.6%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 55.17900590893292}, {"week": "13 Mar", "return": -5.080960357342267, "return_label": "-5.1%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 42.34133631118556}, {"week": "20 Mar", "return": 0.17647058823529413, "return_label": "0.2%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "27 Mar", "return": -0.5284791544333529, "return_label": "-0.5%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 4.403992953611274}, {"week": "3 Apr", "return": -0.9262427390791041, "return_label": "-0.9%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 7.718689492325868}, {"week": "10 Apr", "return": 3.216199674280809, "return_label": "3.2%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 26.80166395234008}, {"week": "17 Apr", "return": 4.789387205267688, "return_label": "4.8%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 39.911560043897396}, {"week": "24 Apr", "return": -3.7995625617344264, "return_label": "-3.8%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 31.663021347786884}, {"week": "1 May", "return": -3.2627364027944084, "return_label": "-3.3%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 27.189470023286738}, {"week": "8 May", "return": 3.4319556464776886, "return_label": "3.4%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 28.599630387314072}, {"week": "15 May", "return": 3.7757391722941924, "return_label": "3.8%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 31.464493102451602}, {"week": "22 May", "return": -2.6460841386435106, "return_label": "-2.6%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 22.05070115536259}, {"week": "29 May", "return": 1.9818793741015002, "return_label": "2.0%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 16.515661450845833}, {"week": "5 Jun", "return": -8.513178015968647, "return_label": "-8.5%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 70.94315013307205}, {"week": "12 Jun", "return": 3.217972070431087, "return_label": "3.2%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 26.81643392025906}]}, "groups": 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true, "positive_rs": true}, {"id": 46490, "symbol": "ACS", "name": "Acsion Limited", "exchange": "JNB", "url": "/terminal/8bae1c74-4c38-4ed1-a8e5-537f6a84ad11/report/", "weekly_return": -5.0, "weekly_return_label": "-5.0%", "weekly_return_tone": "negative", "four_week_return": 8655.760368663594, "four_week_return_label": "8655.8%", "four_week_return_tone": "positive", "twelve_week_return": -22.131147540983605, "twelve_week_return_label": "-22.1%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": true}, {"id": 46566, "symbol": "DLT", "name": "Delta Property Fund Limited", "exchange": "JNB", "url": "/terminal/fca02d54-13e8-4a49-8d89-60ce40be9cae/report/", "weekly_return": 31.428571428571427, "weekly_return_label": "31.4%", "weekly_return_tone": "positive", "four_week_return": 35.294117647058826, "four_week_return_label": "35.3%", "four_week_return_tone": "positive", "twelve_week_return": 43.75, "twelve_week_return_label": "43.8%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": true}]}, "industry": {"scope": "ZA Reit - Industrial", "count": 2, "avg_weekly_return": 2.5911288923584004, "avg_four_week_return": -4.7604396407351235, "avg_twelve_week_return": -0.4359059460287472, "trend_breadth": 0.0, "positive_md_breadth": 0.0, "positive_rs_breadth": 0.0, "week_rank": 1, "four_week_rank": 2, "twelve_week_rank": 1, "top_peers": [{"id": 46785, "symbol": "SSS", "name": "Stor-Age Property REIT Limited", "exchange": "JNB", "url": "/terminal/6f9e023b-288a-4d74-8dc7-c724a71597f2/report/", "weekly_return": 1.9642857142857142, "weekly_return_label": "2.0%", "weekly_return_tone": "positive", "four_week_return": -3.274985883681536, "four_week_return_label": "-3.3%", "four_week_return_tone": "negative", "twelve_week_return": -0.6956521739130435, "twelve_week_return_label": "-0.7%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 46580, "symbol": "EQU", "name": "Equites Property Fund Limited", "exchange": "JNB", "url": "/terminal/17392441-0906-499d-8fd3-8a63c92bd4c9/report/", "weekly_return": 3.217972070431087, "weekly_return_label": "3.2%", "weekly_return_tone": "positive", "four_week_return": -6.245893397788711, "four_week_return_label": "-6.2%", "four_week_return_tone": "negative", "twelve_week_return": -0.17615971814445097, "twelve_week_return_label": "-0.2%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}]}}, "dynamics": {"market_dynamics": "-0.47", "market_dynamics_tone": "negative", "md_4_change": "42.2%", "relative_strength": "-2.65", "rs_4_change": "-272.1%", "expectation": "Positive", "expectation_probability": "57.10%"}, "volume": {"latest": "3.7M", "average_13": "7.3M", "average_52": "6.1M", "ratio_13": "0.5x", "ratio_52": "0.6x"}, "risk": {"volatility_13": "3.7%", "volatility_52": "2.8%", "downside_weeks": 18, "upside_weeks": 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