JNB Equity Snapshot

ART Weekly Equity Report

Argent Industrial Limited

Latest Close 3,670 ZAC 12 Jun 2026
1W Return -1.7% latest completed week
4W Return -2.4% short-term follow-through
12W Return 11.7% quarterly tape
Trend Breadth 92.3% 48 of 52 weeks active
Volume Ratio 0.2x vs 13-week average
Company Brief

What the company does

Argent Industrial Limited manufactures and trades in steel and steel-related products in South Africa, Asia, the Middle East, Australia, New Zealand, North America, South America, rest of Africa, the United Kingdom, rest of Europe, and internationally. The company offers security gates, burglar bars, roller shutters, sectional doors, and expanding barriers; custom-made adjustable louvre shutters; aircraft refueling vehicles and systems; braai stands and fireplaces; overhead cranes, hoists and lifting equipment; fuel storage tanks; speed control retarder systems; underground scrapers and wear parts, grizzly frames and segments, and other allied mining equipment; metal gates, metal fencing and …

Snapshot

What the weekly tape is saying

ART closed the latest completed week at 3,670 ZAC. The 4-week return is -2.4% and the 12-week return is 11.7%. Trend Signal is active, Market Dynamics is 0.60. Setup signature: Balanced read with a 65/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 7.8%
Volume 0.2x
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 96 Persistence of active Trend Signal over the last year and current streak.
Momentum 55 Blend of 4-week and 12-week follow-through.
Dynamics 60 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 93 Relative leadership and short-term RS change.
Volume 7 Participation compared with the 13-week volume baseline.
Risk Control 78 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
3,404 ZAC
Vs Trend Line
7.8%
Fair Value
2,461 ZAC
Vs Fair Value
49.1%
52W High
3,843 ZAC
52W Low
2,500 ZAC
Drawdown
-4.5%
Range Position
87.1%
Momentum

Returns and trend persistence

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

Return windows

1W -1.7%
4W -2.4%
12W 11.7%
26W 11.6%
52W 46.9%

Trend read

Active Streak
48 weeks
52W Active Weeks
48
52W Active Breadth
92.3%
Sector Scope
ZA Basic Materials
Sector Rank
20 of 41
Sector Percentile
52.5%
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
0.60
4W MD Change
-14.6%
Relative Strength
14.89
4W RS Change
-16.0%
Expectation
Positive
Probability
61.58%
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
18.9K
13W Average
112.6K
52W Average
237.0K
Vs 13W
0.2x
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
3.0%
52W Volatility
3.0%
Upside Weeks
32
Downside Weeks
20
Downside Breadth
38.5%
Avg Gain / Loss
2.4% / -1.8%
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
Basic Materials
Industry
Steel
Currency
ZAC
Market Cap
2.0B

Opportunity signals

  • Trend Signal is active with a 48-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.
  • Market Dynamics is positive on the latest completed week.

Risk signals

  • No major top-level risk cluster is currently dominant.

Watch next

  • Price is close to its 52-week high; watch for continuation or exhaustion.
  • 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 3,670 ZAC -1.7% 3,404 ZAC 2,461 ZAC 0.60 14.89 18.9K On
5 Jun 2026 3,734 ZAC 3.1% 3,375 ZAC 2,447 ZAC 0.75 18.92 74.8K On
29 May 2026 3,620 ZAC -3.5% 3,346 ZAC 2,433 ZAC 0.90 12.46 108.3K On
22 May 2026 3,751 ZAC -0.2% 3,323 ZAC 2,419 ZAC 0.88 18.36 143.0K On
15 May 2026 3,760 ZAC -1.1% 3,294 ZAC 2,404 ZAC 0.70 17.72 122.9K On
8 May 2026 3,801 ZAC 5.6% 3,263 ZAC 2,390 ZAC 0.30 16.03 231.7K On
1 May 2026 3,599 ZAC 1.6% 3,230 ZAC 2,374 ZAC -0.28 12.80 130.4K On
24 Apr 2026 3,544 ZAC 4.8% 3,208 ZAC 2,361 ZAC -0.66 9.97 199.1K On
17 Apr 2026 3,381 ZAC 4.0% 3,184 ZAC 2,347 ZAC -0.94 1.04 88.0K On
10 Apr 2026 3,250 ZAC 1.9% 3,166 ZAC 2,335 ZAC -1.01 -1.06 98.6K On
3 Apr 2026 3,189 ZAC -4.1% 3,152 ZAC 2,323 ZAC -0.95 -0.63 84.0K On
27 Mar 2026 3,326 ZAC 1.2% 3,139 ZAC 2,312 ZAC -0.74 7.42 84.9K On
20 Mar 2026 3,286 ZAC -1.6% 3,121 ZAC 2,300 ZAC -0.65 7.88 79.5K On
13 Mar 2026 3,338 ZAC 1.1% 3,103 ZAC 2,289 ZAC -0.36 5.05 103.7K On