- Volume is elevated versus the 13-week average, confirming attention.
BEL
JNB
Week ended 31 Jul 2026
Weekly Investor Report
Bell Equipment Limited · Industrials · Farm & Heavy Construction Machinery
Latest close
38.38 ZAC
-0.1%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is -98.6% below the Trend Line and sits at 0.1% of its 52-week range. The latest completed week returned -0.1%, after a 9.7% four-week move. The latest news-sentiment score is 52/100.
Setup score
29
out of 100
Latest Close
38.38 ZAC
31 Jul 2026
1W Return
-0.1%
latest completed week
4W Return
9.7%
short-term follow-through
12W Return
-99.1%
quarterly tape
Trend Breadth
40.4%
21 of 52 weeks active
Volume Ratio
2.9x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Activity pressure is negative, which weakens the current setup.
- 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
-0.1%
Latest completed week; four-week move 9.7%.
Indicator stack
22/39
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 40.83%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
52/100
9 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 -98.6% below the Trend Line and sits at 0.1% of its 52-week range. The latest completed week returned -0.1%, after a 9.7% 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 2.9x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
6 Feb
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
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 0.2612-week average 0.31
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure3/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.26Current proprietary activity-pressure read.
Buy signals0Accumulation 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 9.7% over four weeks, -99.1% over 12 weeks, and -99.0% 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 year21
Trend breadth40.4%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.73Latest activity-pressure read.
Pressure change21.4%Four-week change in activity pressure.
Leadership-98.84Latest relative-leadership reading.
RS change0.2%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 sentiment52/100
Weighted news tone is neutral across 9 relevant articles.
1 positive · 8 neutral · 0 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-99.2%Distance below the 52-week high.
13-week volatility26.6%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.
6 Feb
6 Mar
3 Apr
1 May
29 May
26 Jun
31 Jul
Weeks higher10 of 2615 weeks finished lower.
Best week+9900.0%Week of 1 May.
Worst week-99.1%Week of 5 Jun.
Latest week-0.1%Week of 31 Jul.
Shape of recent returns
Strong gains4
Modest gains6
Flat weeks1
Modest losses11
Sharp losses4
Recent vol26.6%13-week weekly-return volatility.
Base vol1360.3%52-week weekly-return volatility.
Up/down split21/30Count of positive and negative weeks in the 52-week window.
Average skew474.3% / -8.3%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.
SectorZA Industrials
4-week rank5 / 29
Group average1.0%
Trend breadth3.4%
Trend3.4%active weekly trend signals
MD6.9%positive activity pressure
RS3.4%positive relative leadership
Four-week leaders
IndustryZA Farm & Heavy Construction Machinery
4-week rank1 / 1
Group average9.7%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD0.0%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 tape31/100
Trend, activity pressure, participation, and risk combine to a 31/100 tape read.
Indicator analysis18/100Latest 12-week confirmation: trend 0/12, activity pressure 3/12, relative leadership 0/12.
Activity pressure 0.26; No reversal markers Next-Week ExpectancyNegative 40.83%Next-week expectancy is negative with a 40.83% 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 Sentiment52/100Weighted news tone is neutral across 9 relevant articles.
Bell Equipment Limited Revenue Breakdown – JSE:BEL 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 |
|---|---|---|---|---|---|---|---|---|
| 31 Jul 2026 | 38.38 ZAC | -0.1% | 2,672 ZAC | 3,316 ZAC | -0.73 | -98.84 | 155.1K | Off |
| 24 Jul 2026 | 38.40 ZAC | 4.2% | 2,808 ZAC | 3,326 ZAC | -0.87 | -98.85 | 104.8K | Off |
| 17 Jul 2026 | 36.86 ZAC | -0.4% | 2,947 ZAC | 3,337 ZAC | -0.93 | -98.93 | 8.6K | Off |
| 10 Jul 2026 | 37.00 ZAC | 5.7% | 3,087 ZAC | 3,347 ZAC | -0.93 | -98.96 | 18.6K | Off |
| 3 Jul 2026 | 35.00 ZAC | 0.0% | 3,231 ZAC | 3,357 ZAC | -0.93 | -99.05 | 78.7K | Off |
| 26 Jun 2026 | 35.00 ZAC | -7.9% | 3,375 ZAC | 3,366 ZAC | -1.04 | -99.06 | 68.8K | Off |
| 19 Jun 2026 | 37.99 ZAC | -0.0% | 3,517 ZAC | 3,376 ZAC | -0.74 | -99.02 | 100 | Off |
| 12 Jun 2026 | 38.00 ZAC | 0.4% | 3,657 ZAC | 3,385 ZAC | -0.31 | -99.05 | 1.5K | Off |
| 5 Jun 2026 | 37.85 ZAC | -99.1% | 3,799 ZAC | 3,394 ZAC | 0.15 | -99.06 | 24.3K | Off |
| 29 May 2026 | 4,200 ZAC | 0.4% | 3,938 ZAC | 3,404 ZAC | 0.44 | -0.90 | 45.8K | Off |
| 22 May 2026 | 4,185 ZAC | 1.7% | 3,942 ZAC | 3,386 ZAC | 0.24 | -0.44 | 60.0K | Off |
| 15 May 2026 | 4,114 ZAC | -1.7% | 3,946 ZAC | 3,368 ZAC | -0.21 | -3.71 | 98.2K | Off |
| 8 May 2026 | 4,185 ZAC | -0.4% | 3,954 ZAC | 3,352 ZAC | -0.13 | -5.34 | 33.2K | Off |
| 1 May 2026 | 4,200 ZAC | 9900.0% | 3,961 ZAC | 3,334 ZAC | 0.09 | -3.03 | 0 | 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.