JNB Equity Snapshot

FFB Weekly Equity Report

Fortress Real Estate Investments Limited

Latest Close 2,391 ZAC 12 Jun 2026
1W Return 4.0% latest completed week
4W Return -7.5% short-term follow-through
12W Return 1.4% quarterly tape
Trend Breadth 76.9% 40 of 52 weeks active
Volume Ratio 0.6x vs 13-week average
Company Brief

What the company does

Fortress is a real estate investment company with a focus on developing and letting premium-grade logistics real estate in SA and CEE, as well as growing our convenience and commuter-oriented retail portfolio. Fortress also holds, at the date of this report, a 16,2% interest in NEPI Rockcastle, the largest listed property company on the JSE, with a EUR7 billion portfolio across nine CEE countries. This holding reduced from 24,2% at 31 December 2023 to 16,2% at the date of this report.

Snapshot

What the weekly tape is saying

FFB closed the latest completed week at 2,391 ZAC. The 4-week return is -7.5% and the 12-week return is 1.4%. Trend Signal is inactive, Market Dynamics is -0.46. Setup signature: Risk-first tape with a 35/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -0.8%
Volume 0.6x
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 42 Persistence of active Trend Signal over the last year and current streak.
Momentum 34 Blend of 4-week and 12-week follow-through.
Dynamics 3 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 46 Relative leadership and short-term RS change.
Volume 24 Participation compared with the 13-week volume baseline.
Risk Control 61 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
2,409 ZAC
Vs Trend Line
-0.8%
Fair Value
1,881 ZAC
Vs Fair Value
27.1%
52W High
2,688 ZAC
52W Low
1,965 ZAC
Drawdown
-11.0%
Range Position
58.9%
Momentum

Returns and trend persistence

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

Return windows

1W 4.0%
4W -7.5%
12W 1.4%
26W -0.3%
52W 20.4%

Trend read

Active Streak
0 weeks
52W Active Weeks
40
52W Active Breadth
76.9%
Sector Scope
ZA Real Estate
Sector Rank
4 of 37
Sector Percentile
91.7%
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
-0.46
4W MD Change
-484.0%
Relative Strength
1.03
4W RS Change
-86.3%
Expectation
Positive
Probability
56.86%
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
7.3M
13W Average
12.8M
52W Average
10.7M
Vs 13W
0.6x
Vs 52W
0.7x
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
3.8%
52W Volatility
3.3%
Upside Weeks
31
Downside Weeks
21
Downside Breadth
40.4%
Avg Gain / Loss
2.5% / -2.7%
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
Real Estate
Industry
Real Estate Services
Currency
ZAC
Market Cap
28.9B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.
  • Latest weekly return ranks in the strongest part of its sector group.

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 2,391 ZAC 4.0% 2,409 ZAC 1,881 ZAC -0.46 1.03 7.3M Off
5 Jun 2026 2,300 ZAC -3.8% 2,410 ZAC 1,874 ZAC -0.19 -1.52 8.7M Off
29 May 2026 2,390 ZAC -0.4% 2,413 ZAC 1,867 ZAC 0.05 -0.69 11.3M Off
22 May 2026 2,400 ZAC -7.2% 2,411 ZAC 1,860 ZAC 0.05 0.92 31.3M On
15 May 2026 2,586 ZAC 5.3% 2,407 ZAC 1,853 ZAC -0.08 7.54 24.3M On
8 May 2026 2,455 ZAC 1.0% 2,398 ZAC 1,844 ZAC -0.41 -0.71 12.2M Off
1 May 2026 2,430 ZAC 0.7% 2,395 ZAC 1,837 ZAC -0.63 0.52 5.1M Off
24 Apr 2026 2,412 ZAC -0.8% 2,392 ZAC 1,830 ZAC -0.76 -1.48 10.9M Off
17 Apr 2026 2,432 ZAC 3.6% 2,388 ZAC 1,823 ZAC -0.81 -4.55 6.5M Off
10 Apr 2026 2,348 ZAC 4.7% 2,385 ZAC 1,815 ZAC -0.78 -6.26 5.7M Off
3 Apr 2026 2,242 ZAC -1.7% 2,382 ZAC 1,809 ZAC -0.72 -8.33 9.8M Off
27 Mar 2026 2,281 ZAC -3.2% 2,379 ZAC 1,803 ZAC -0.61 -3.30 16.8M Off
20 Mar 2026 2,357 ZAC 5.5% 2,378 ZAC 1,795 ZAC -0.24 1.41 16.6M On
13 Mar 2026 2,234 ZAC -6.4% 2,376 ZAC 1,787 ZAC 0.12 -7.97 19.0M On