Weekly Chart PackCompleted weekly market data · Independent research
JNB · Equity · South Africa
NED
Nedbank Group Limited
Financial ServicesBanks - Regional
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 …
Last updated
21 Aug 2026
Exchange
Johannesburg Stock Exchange · JNB
Sector
Financial Services
Industry
Banks - Regional
Currency
ZAC
Market capitalisation
115,505,553,408
Fair value reference
24400.53
Next-week expectancy
Undecided · 53.38%
Executive chart read
Over the latest 12 completed weeks ending 2026-08-21, NED rose 11773.06%, moving from 254.77 to 30,249.00. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is inactive on the latest week and was active in 0 of the last 12 weeks. Relative Strength is 23.99 and has improved across the 12-week window. Market Dynamics is 0.83 on the latest week. Next-week expectancy is undecided at 53.38% based on similar historical setup states.
Week Ending
21 Aug 2026
Latest Close
30,249.00
12-Week Change
11773.06%
Trend Signal
Inactive
Next-Week Expectancy
Undecided 53.38%
Signal Weeks
0 of 12
Weekly Price
Weekly Close
Trend Line
Fair Value
Activity Lines
Chart Panels
Choose up to 5 panels. Drag panel headers to reorder.
Price Action
Completed weekly market tape
Price Action
A deep view of how price is behaving against its own completed history, trend, structural levels and participation.
Current weekly interpretationFresh upside break with positive but contained
The latest close finished above the recent completed price structure. Price is above its completed-week trend reference and that reference is rising.
Full context · Developing
Current structureFresh upside break
The latest close finished above the recent completed price structure.
Trend relationshipAbove a rising trend
Price is above its completed-week trend reference and that reference is rising.
Support and resistanceSupport 19997.52 · Resistance 29973.00
Nearest completed structural references around the latest close.
The positive weekly move attracted clearly elevated participation.
Price, structure and participation
Where price advanced, failed, reclaimed or lost important ground
Candles preserve the completed weekly tape. Selected annotations identify meaningful finished events and point directly to the week concerned.
Up weekDown weekTrend referenceCompleted supportCompleted resistanceVolumeTypical volumePublished event
What happened this week?
The latest completed candle
The latest week is separated into price change, candle character, closing position and path quality.
Weekly move+2.29%
Latest close versus the preceding completed close.
Candle characterPositive but contained
Price advanced, although the close did not fully control the completed weekly range.
Where the week closedMiddle of the range
The close finished at 55% of the completed weekly range.
Path qualityDeveloping
The path is readable, but the completed evidence is not yet consistently aligned.
Current evaluation
What the weekly tape says now
The interpretation combines completed price structure, trend relationship, participation and path quality.
What supports it
The latest close finished above the recent completed price structure.
What would improve it
A sustained close above the nearest completed resistance, supported by firmer participation, would improve confirmation.
What could weaken it
A sustained loss of the nearest completed support would materially weaken the current price structure.
What to watch next
Trend relationship is above a rising trend; participation is strong positive participation, and path quality is developing.
Statistical perspective
Where the latest close sits in its own completed history
These observations describe the available record. They are market context, not predictions of the next move.
Position in completed history96% of range
The latest close's location between the lowest and highest completed closes available for this market.
Distance from completed high-3.9%
How far the latest close sits below the highest completed close in the available history.
Recovery from completed low+11773.1%
How far the latest close has advanced from the lowest completed close in the available history.
Latest move versus typical0.9× typical
The absolute latest weekly move compared with completed weekly moves available before it.
Completed event history
What changed, and when
Only selected completed events are shown. Each annotation is descriptive, not a standalone instruction.
Upside structure cleared
The weekly close moved above the preceding completed price structure.
Latest week
Trend reclaimed
The weekly close moved back above the completed trend reference.
6 weeks ago
Support structure lost
The weekly close moved below the preceding completed price structure.
11 weeks ago
Trend lost
The weekly close moved below the completed trend reference.
15 weeks ago
High-participation reversal
Price changed weekly direction with elevated participation.
22 weeks ago
Range
Sharemaestro Range
Where price is trading
The fitted range, accepted trading area and strongest price levels are calculated automatically from completed weekly market data.
Current stateAbove accepted value
52-week position
95.0%
Low to high
Accepted price
25906.38
Latest versus accepted: 16.76%
Fitted direction
Rising
0.32% per week
Range pressure
87/100
Upper pressure
Range condition
Normal
0.90× normal range
Range pressureCurrent range pressure · 50 is balanced
Weekly closeFitted rangeActivity ribbonEstimated activity at priceAutomatic level
Automatic structure
Strongest price levels
Support25719.56
From price
-15.0%
Evidence
100/100
Touches
10
Support26857.10
From price
-11.2%
Evidence
85/100
Touches
3
Support29315.34
From price
-3.1%
Evidence
30/100
Touches
1
Resistance31826.08
From price
5.2%
Evidence
21/100
Touches
1
Current reading
What the range shows
Current positionAbove accepted value
Price is at 95.0% of its latest 52-week range.
Fitted directionRising
The fitted centre line is moving +0.32% per week.
Range pressureUpper pressure
The current pressure reading is 87/100; 50 is balanced.
Next structural level31826.08
Resistance is 5.2% from the latest close with 21/100 evidence strength.
Point & Figure
Price structure · volume at price
Point & Figure market structure
Each X marks a rising price box and each O marks a falling price box. Time is removed from the horizontal scale so reversals, breakouts and areas of heavy trading stand out.
MethodAdaptive scale
Smart Money
Completed-week positioning evidence
Smart Money
See whether the support beneath price is strengthening, weakening, confirming the trend or warning of increased risk.
Current Smart Money readSupport is under active pressure
The current Smart Money structure carries a recent reversal warning, so confirmation matters more than momentum alone.
Momentum 0.34 · Improving
Trend qualityConstructive
The current trend state has persisted for 15 completed weeks; visible confirmation is constructive.
Momentum pathSoft · Improving
The latest completed-week level and direction.
Latest positive signalNo recent positive signal
The chart is carrying context rather than a fresh positive event marker.
Risk and warningsHigh
A reversal risk marker appeared this week; the current advance has less room for error.
Price, support and published events
Where confirmation strengthened or risk increased
Selected annotations highlight meaningful completed-week events; every existing chart series and marker remains visible.
Close Price
Trend Line
Demand Threshold Line
Reversal Risk Level
Current evaluation
What the Smart Money chart means now
The reading combines the finished chart state, its direction and the timing of published signals.
What supports it
The current trend relationship and completed-week context are broadly aligned.
What would improve it
Continued alignment without a new warning would reinforce the current constructive position.
What could weaken it
A reversal risk marker appeared this week; the current advance has less room for error.
Published signal history
What changed, and when
Event markers are observations, not standalone instructions to buy or sell.
Reversal risk
The chart registered elevated reversal risk.
Latest week
Reversal danger
The chart registered its strongest reversal warning.
24 weeks ago
Reversal risk
The chart registered elevated reversal risk.
25 weeks ago
Reversal danger
The chart registered its strongest reversal warning.
88 weeks ago
Reversal risk
The chart registered elevated reversal risk.
89 weeks ago
Market Dynamics
Price and underlying support
Market Dynamics
See whether the support beneath price is strengthening, weakening, confirming the move or beginning to diverge from it.
Zero lineMarket Dynamics Rate of ChangePrice ActionVolume ActionFlip UpFlip Down
Price Cycle
Completed-week market perception
Price Cycle
A deep view of whether price pressure is strong, weak, strengthening, fading or moving through a higher-risk transition.
Current Price Cycle readPositive pressure is established and strengthening
Price is holding a constructive market-perception position. Positive pressure is becoming more forceful across the recent completed path.
+23.97% · Positive · Strengthening
Market positionPositive
Price is holding a constructive market-perception position.
Pressure directionStrengthening
Positive pressure is becoming more forceful across the recent completed path.
Trend qualityPersistent
Directional progress remains visible despite some interruption.
Risks and warningsNormal
No elevated completed-week pressure warning is active.
Pressure, price and published transitions
Where market perception strengthened, faded or changed state
The percentage reading is primary. Weekly close is retained only as market context; selected annotations identify meaningful completed transitions.
Market PerceptionPositive pressureNegative pressureWeekly CloseBalanceCrossed upCrossed downPublished transition or Price Action signal
Current evaluation
What the Price Cycle says now
The evaluation combines the finished pressure state, its direction, persistence and historical context.
What supports it
Price remains in positive market-perception territory.
What would improve it
Continued positive pressure with an orderly completed path would strengthen confirmation.
What could weaken it
A turn lower in the pressure path or a loss of balance would weaken the current interpretation.
What to watch next
The latest path is strengthening with persistent trend quality. Comparable history is mixed follow-through.
Statistical perspective
How unusual, persistent and historically consequential is this position?
Historical observations describe completed evidence. They do not predict the next price move.
Historical positionUpper 35% of history
The latest reading is stronger than 65% of completed observations.
State persistence7 completed weeks
The current positive state has persisted without interruption.
Comparable historyMixed follow-through
Across 137 comparable completed observations, later closes were higher 50% of the time; the typical move was -0.1%. This is context, not a forecast.
Published transition history
What changed, and when
Transitions are completed observations, not standalone instructions to buy or sell.
Positive pressure established
The completed reading moved from weakness into positive pressure.
6 weeks ago
Weakness established
The completed reading moved below balance into negative pressure.
11 weeks ago
Deep weakness
Negative pressure entered an historically weak position.
13 weeks ago
Positive pressure began cooling
Strength remained positive, but the completed path became less forceful.
17 weeks ago
Positive pressure began cooling
Strength remained positive, but the completed path became less forceful.
23 weeks ago
Elevated strength
Positive pressure entered an historically strong position.
25 weeks ago
VWAP Control
Completed-week volume-weighted structure
VWAP Control
Shows price against its completed-week volume-weighted references, changes in control and the levels that would confirm or weaken the current reading.
Current controlBuyers firmly in control
Price is above the core VWAP, which is rising. 68% of recent weighted activity has been accepted above it.
79/100 pressure
ControlBuyers firmly in control
Pressure 79/100 and +12.1 points over four weeks.
VWAP stack6 of 6 below price
5 references converge near 26,615.63: Swing low, Year VWAP, 26-week VWAP, High-activity anchor, 52-week VWAP.
Acceptance68% above
Share of recent completed weighted activity accepted on the prevailing side of the core VWAP.
Core direction+0.2% / week
Four-week direction; change in pace +1.4 pts.
Stretch0.9 normal ranges above
Price is +14.6% from the core VWAP.
Persistence7 completed weeks
Price has remained above the core VWAP.
Price, VWAP structure and control transfers
Where control changed
156 completed weeks · Reported weekly volume
Weekly close13-week VWAP26-week VWAP52-week VWAPHigh-activity anchorNormal VWAP rangePositive transferNegative transfer
Control backgroundBuyer controlContestedSeller control
Seller control50 · contestedBuyer control
Current VWAP signals
Control, agreement and concentration
Buyers firmly in control
Buyers firmly in control
The current position, VWAP direction and completed acceptance evidence broadly agree.
Price and VWAP pressure broadly agree
No material six-week disagreement is present between price direction and VWAP control.
VWAP cluster present
5 references converge near 26,615.63: Swing low, Year VWAP, 26-week VWAP, High-activity anchor, 52-week VWAP.
Confirmation and failure levels
Levels that change the current reading
ConfirmationPressure above 60
Pressure holding above 60 while the VWAP stack rises would strengthen the existing buyer-control evidence.
Decision area28,905.69
Swing low at 28,905.69, 4.4% below the latest close.
Weakening level28,905.69
A completed close below Swing low with acceptance moving under 50% would weaken the present structure.
Current VWAP stack
Volume-weighted price levels
Swing low28905.69
-4.44% from close
Year VWAP26615.74
-12.01% from close
26-week VWAP26400.76
-12.72% from close
High-activity anchor25682.24
-15.10% from close
52-week VWAP25473.73
-15.79% from close
13-week VWAP23826.81
-21.23% from close
Estimated activity position
Activity above and below price
Below price 97%Above price 4%
17%near price
Most recent weighted activity is below price, leaving a larger estimated cushion beneath the market.
Estimated from completed weekly typical prices and reported activity; it is not holder-level cost-basis data.
Benchmark, sector and industry
VWAP control comparison
Sector and industry comparisons require at least ten constituents with aligned completed history.
Benchmark · ^J203.JOStronger control than reference
Stronger control than reference; control-score gap +15.3 points.
Buyer control developing · 64/100
Sector · Financial ServicesStronger control than reference
Stronger control than reference; control-score gap +26.4 points.
Control is contested · 53/100
Historical VWAP outcomes
Reclaims, losses and similar states
Descriptive outcomes from this ticker's visible history—not a forecast.
Weekly reclaim100% favourable
Events
3
Median 4w
+8.04%
Median 13w
+15.51%
Typical best
+20.31%
Typical worst
-0.07%
Completed occasions when price moved back above the core VWAP.
Weekly loss25% favourable
Events
4
Median 4w
+5.40%
Median 13w
+11.31%
Typical best
+13.64%
Typical worst
-2.74%
Completed occasions when price moved below the core VWAP.
Comparable control states52 matched weeks
Positive after 4w
58%
Median 4w
+0.94%
Positive after 13w
60%
Median 13w
+1.42%
Best / worst 13w
+23.9% / -99.1%
Outcomes after completed weeks with a similar control score and the same side of the core VWAP.
VWAP control history
Completed changes
Core VWAP reclaimed
Price completed the week back above the core VWAP.
Seller pressure established
The completed control reading moved into negative territory.
VWAP structure turned lower
The fast VWAP crossed below the core VWAP.
Seller pressure established
The completed control reading moved into negative territory.
VWAP reclaim rejected
Price tested above the core VWAP but completed the week back below it.
VWAP reclaim rejected
Price tested above the core VWAP but completed the week back below it.
Core VWAP lost
Price completed the week below the core VWAP.
Core VWAP test held
Price traded through the core VWAP but recovered above it by the completed close.
Next-State Map
Next-State Map
Historical one-week transition paths from similar completed-week states.
SMI
Proprietary completed-week evidence
SMI
See whether the underlying conditions beneath price are strengthening, weakening or holding firm.
Current SMI readUnderlying support is fragile, but repair has begun
Price and SMI are not presenting a decisive combined message. The latest reading is based on completed weekly evidence.
0.38 · Fragile
Current stateFragile · 0.38
Latest completed-week SMI reading
DirectionImproving
How the completed SMI path is changing
PersistenceDeveloping
4 completed weeks in the current state
Price relationshipMixed relationship
Price and SMI are not presenting a decisive combined message.
Price and SMI transitions
Where underlying support changed
Annotations identify selected completed SMI state changes.
Weekly CloseTrend LineFair ValueActivity Lines
SMI pathDirection, persistence and turning points
SMI 0.38 · Fragile
ImprovingHolding steadyWeakening
SMI in context
Comparable SMI states have carried a positive historical bias
Across 19 comparable completed observations, 63.2% closed higher after 13 weeks. The median move was +2.9%.
Comparable observations
19
Completed historical readings
Positive outcomes
63.2%
After 13 completed weeks
Median move
+2.9%
Over the following 13 weeks
Versus normal baseline
+1.0 pts
Difference in positive outcome rate
Chart Summary
Key Points
Week Ending
21 Aug 2026
Latest Close
30,249.00
12-Week Change
11773.06%
Trend Signal
Inactive
Next-Week Expectancy
Undecided 53.38%
Signal Weeks
0 of 12
Vs Trend Line
Above
Vs Fair Value
Above
Relative Strength
23.99
Market Dynamics
0.83
Over the latest 12 completed weeks ending 2026-08-21, NED rose 11773.06%, moving from 254.77 to 30,249.00. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is inactive on the latest week and was active in 0 of the last 12 weeks. Relative Strength is 23.99 and has improved across the 12-week window. Market Dynamics is 0.83 on the latest week. Next-week expectancy is undecided at 53.38% based on similar historical setup states.
Search by ticker symbol or company name and select a result to open its chart.
Markets includedUnited States
Start typing to find a stock or ETF.
Market search
Choose countries
Choose one or more countries for market search, or include every covered market.
Currently searching United States
Sharemaestro
Send a message
Ask a question, report a correction, or send a publisher/support note.
Cookie preferences
Essential cookies keep Sharemaestro secure and working. Choose whether we may use optional persistent analytics and advertising technologies. Limited cookieless server measurement continues for aggregate traffic and security.
