JNB Equity Snapshot

NED Weekly Equity Report

Nedbank Group Limited

Interactive chart JSON snapshot
Latest Close 26,050 ZAC 12 Jun 2026
1W Return 2.2% latest completed week
4W Return 1.8% short-term follow-through
12W Return -1.7% quarterly tape
Trend Breadth 42.3% 22 of 52 weeks active
Volume Ratio 0.7x vs 13-week average
Company Brief

What the company does

Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa, rest of Africa, Europe, Asia, the United States, and internationally. The company operates through Nedbank Corporate and Investment Banking; Nedbank Business and Commercial Banking; Nedbank Personal and Private Banking; Nedbank Africa Regions; and Centre segments. It offers lending products, advisory services, leverage financing, trading, brokering, structuring, hedging, and client coverage; corporate finance advisory, innovative financial products and services, customised transactional banking, asset management, and commercial property finance; transactional accounts, home loans, vehicle and asset finance, card services, personal …

Snapshot

What the weekly tape is saying

NED closed the latest completed week at 26,050 ZAC. The 4-week return is 1.8% and the 12-week return is -1.7%. Trend Signal is inactive, Market Dynamics is -1.21. Setup signature: Balanced read with a 41/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -2.7%
Volume 0.7x
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 23 Persistence of active Trend Signal over the last year and current streak.
Momentum 53 Blend of 4-week and 12-week follow-through.
Dynamics 27 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 64 Relative leadership and short-term RS change.
Volume 28 Participation compared with the 13-week volume baseline.
Risk Control 53 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
26,782 ZAC
Vs Trend Line
-2.7%
Fair Value
24,880 ZAC
Vs Fair Value
4.7%
52W High
31,826 ZAC
52W Low
20,598 ZAC
Drawdown
-18.1%
Range Position
48.6%
Momentum

Returns and trend persistence

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

Return windows

1W 2.2%
4W 1.8%
12W -1.7%
26W 0.6%
52W 6.2%

Trend read

Active Streak
0 weeks
52W Active Weeks
22
52W Active Breadth
42.3%
Sector Scope
ZA Financial Services
Sector Rank
12 of 40
Sector Percentile
71.8%
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
-1.21
4W MD Change
-19.5%
Relative Strength
1.11
4W RS Change
131.6%
Expectation
Undecided
Probability
45.03%
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
5.3M
13W Average
8.0M
52W Average
8.5M
Vs 13W
0.7x
Vs 52W
0.6x
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
1.7%
52W Volatility
3.7%
Upside Weeks
30
Downside Weeks
22
Downside Breadth
42.3%
Avg Gain / Loss
2.5% / -3.0%
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
Financial Services
Industry
Banks - Regional
Currency
ZAC
Market Cap
115.5B

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.

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 26,050 ZAC 2.2% 26,782 ZAC 24,880 ZAC -1.21 1.11 5.3M Off
5 Jun 2026 25,477 ZAC -1.7% 26,777 ZAC 24,859 ZAC -1.15 -0.05 6.3M Off
29 May 2026 25,929 ZAC 1.4% 26,747 ZAC 24,839 ZAC -1.04 -1.55 7.4M Off
22 May 2026 25,566 ZAC -0.1% 26,670 ZAC 24,805 ZAC -1.02 -2.08 8.4M Off
15 May 2026 25,585 ZAC -1.8% 26,620 ZAC 24,775 ZAC -1.01 -3.51 9.0M Off
8 May 2026 26,057 ZAC -2.5% 26,537 ZAC 24,745 ZAC -0.92 -4.96 7.9M On
1 May 2026 26,714 ZAC 1.2% 26,450 ZAC 24,711 ZAC -0.87 -0.69 4.3M On
24 Apr 2026 26,400 ZAC -3.1% 26,315 ZAC 24,674 ZAC -0.73 -3.39 5.3M On
17 Apr 2026 27,237 ZAC -0.4% 26,138 ZAC 24,640 ZAC -0.57 -4.55 8.5M On
10 Apr 2026 27,356 ZAC -0.2% 25,944 ZAC 24,598 ZAC -0.43 -2.70 6.3M On
3 Apr 2026 27,416 ZAC 1.3% 25,755 ZAC 24,560 ZAC -0.32 -0.38 8.1M On
27 Mar 2026 27,062 ZAC 2.2% 25,550 ZAC 24,526 ZAC -0.05 1.78 8.8M On
20 Mar 2026 26,492 ZAC 1.6% 25,402 ZAC 24,491 ZAC 0.48 0.80 17.8M On
13 Mar 2026 26,085 ZAC -5.7% 25,295 ZAC 24,454 ZAC 0.77 -5.31 11.4M On