N91 JNB Week ended 24 Jul 2026

Weekly Investor Report

Ninety One Group · Financial Services · Asset Management

Latest close 47.07 ZAC
-1.7% latest week
Weekly setup

Mixed setup

The weekly trend is not active. Price is -98.7% below the Trend Line and sits at 0.1% of its 52-week range. The latest completed week returned -1.7%, after a 9.1% four-week move. The latest news-sentiment score is 53/100.

Setup score 29 out of 100
Latest Close 47.07 ZAC 24 Jul 2026
1W Return -1.7% latest completed week
4W Return 9.1% short-term follow-through
12W Return -99.0% quarterly tape
Trend Breadth 69.2% 36 of 52 weeks active
Volume Ratio 1.9x vs 13-week average
What is working
  • Volume is elevated versus the 13-week average, confirming attention.
What could go wrong
  • 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.
What to watch next
  • 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.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is -98.7% below the Trend Line and sits at 0.1% of its 52-week range. The latest completed week returned -1.7%, after a 9.1% four-week move.

Study the full chart

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 1.9x 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
30 Jan 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
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 0.1612-week average 0.29

12-week confirmation

Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.16Current 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 9.1% over four weeks, -99.0% over 12 weeks, and -99.0% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W-1.7%
4W9.1%
12W-99.0%
26W-99.1%
52W-99.0%
Active trend streak0 weeks
Active weeks in one year36
Trend breadth69.2%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-1.24Latest activity-pressure read.
Pressure change15.9%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

What investors are paying for—and the quality behind it

A published fundamentals and factor snapshot is not available for this company.

Open full factor analysis

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 sentiment53/100

Weighted news tone is neutral across 27 relevant articles.

6 positive · 21 neutral · 0 negative
Patient 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 weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher14 of 2612 weeks finished lower.
Best week+7.4%Week of 30 Jan.
Worst week-99.0%Week of 5 Jun.
Latest week-1.7%Week of 24 Jul.

Shape of recent returns

Strong gains3
Modest gains11
Flat weeks0
Modest losses6
Sharp losses6
Recent vol26.6%13-week weekly-return volatility.
Base vol14.0%52-week weekly-return volatility.
Up/down split29/23Count of positive and negative weeks in the 52-week window.
Average skew2.4% / -7.0%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.

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.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 202647.07 ZAC-1.7%3,723 ZAC3,986 ZAC-1.24-98.843.4MOff
17 Jul 202647.90 ZAC1.3%3,882 ZAC4,011 ZAC-1.35-98.851.5MOff
10 Jul 202647.29 ZAC4.9%4,040 ZAC4,035 ZAC-1.36-98.902.5MOff
3 Jul 202645.10 ZAC4.5%4,195 ZAC4,061 ZAC-1.42-98.982.1MOff
26 Jun 202643.16 ZAC-4.6%4,352 ZAC4,086 ZAC-1.48-99.032.4MOff
19 Jun 202645.22 ZAC-2.0%4,511 ZAC4,111 ZAC-1.41-99.031.8MOff
12 Jun 202646.17 ZAC-5.2%4,669 ZAC4,136 ZAC-1.27-99.031.1MOff
5 Jun 202648.70 ZAC-99.0%4,831 ZAC4,163 ZAC-1.20-98.99513.6KOff
29 May 20264,915 ZAC-1.2%5,001 ZAC4,189 ZAC-1.10-2.49886.9KOff
22 May 20264,974 ZAC2.6%5,013 ZAC4,184 ZAC-1.17-0.031.3MOff
15 May 20264,846 ZAC0.1%5,021 ZAC4,177 ZAC-1.30-3.571.5MOff
8 May 20264,843 ZAC0.3%5,028 ZAC4,170 ZAC-1.33-6.332.9MOff
1 May 20264,827 ZAC1.6%5,028 ZAC4,166 ZAC-1.29-4.411.5MOff
24 Apr 20264,751 ZAC-2.8%5,028 ZAC4,162 ZAC-1.07-6.992.1MOff
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.