JNB Equity Snapshot
FFB Weekly Equity Report
Fortress Real Estate Investments Limited
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.
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.
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.
Scoreboard
16-week signal tape
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 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%
Returns and trend persistence
Return windows separate the latest week from short-term and medium-term follow-through.
Return windows
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%
Sector and industry pulse
Peer breadth helps separate a stock-specific move from a broader group rotation.
ZA Real Estate
- Tracked Peers
- 37
- 4W Rank
- 36 of 37
- Avg 1W
- 0.6%
- Avg 4W
- 1022.3%
- Trend Breadth
- 45.9%
- Positive MD
- 43.2%
ZA Real Estate Services
- Tracked Peers
- 6
- 4W Rank
- 5 of 6
- Avg 1W
- -0.3%
- Avg 4W
- 1494.6%
- Trend Breadth
- 50.0%
- Positive RS
- 33.3%
Pressure, Relative Strength, and expectation
Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.
Dynamics path
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%
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
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%
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.
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 |