JNB Equity Snapshot

NTC Weekly Equity Report

Netcare Limited

Interactive chart JSON snapshot
Latest Close 1,684 ZAC 12 Jun 2026
1W Return -0.8% latest completed week
4W Return 1.1% short-term follow-through
12W Return 5.1% quarterly tape
Trend Breadth 84.6% 44 of 52 weeks active
Volume Ratio 0.7x vs 13-week average
Company Brief

What the company does

Netcare Limited, an investment holding company, operates private hospitals in South Africa. It operates through Hospital and Emergency Services, and Primary Care segments. The Hospital and Emergency Services segment engages in the hospital and pharmacy operations. Its operations covers its private acute hospital network and day clinics; and non-acute services, including emergency medical services, mental health clinics operation, diagnostics support services, and cancer care services, as well as sells healthcare products. The Primary Care segment offers healthcare services, and employee health and wellness services, as well as administrative services to medical and dental practices. It …

Snapshot

What the weekly tape is saying

NTC closed the latest completed week at 1,684 ZAC. The 4-week return is 1.1% and the 12-week return is 5.1%. Trend Signal is active, Market Dynamics is -0.05. Setup signature: Balanced read with a 62/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 3.2%
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 92 Persistence of active Trend Signal over the last year and current streak.
Momentum 57 Blend of 4-week and 12-week follow-through.
Dynamics 40 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 79 Relative leadership and short-term RS change.
Volume 30 Participation compared with the 13-week volume baseline.
Risk Control 73 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
1,631 ZAC
Vs Trend Line
3.2%
Fair Value
1,413 ZAC
Vs Fair Value
19.2%
52W High
1,818 ZAC
52W Low
1,328 ZAC
Drawdown
-7.4%
Range Position
72.7%
Momentum

Returns and trend persistence

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

Return windows

1W -0.8%
4W 1.1%
12W 5.1%
26W 11.8%
52W 17.6%

Trend read

Active Streak
44 weeks
52W Active Weeks
44
52W Active Breadth
84.6%
Sector Scope
ZA Healthcare
Sector Rank
5 of 8
Sector Percentile
42.9%
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
-0.05
4W MD Change
-109.5%
Relative Strength
7.78
4W RS Change
66.2%
Expectation
Undecided
Probability
48.09%
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
11.2M
13W Average
15.8M
52W Average
14.3M
Vs 13W
0.7x
Vs 52W
0.8x
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
2.7%
52W Volatility
2.4%
Upside Weeks
29
Downside Weeks
22
Downside Breadth
42.3%
Avg Gain / Loss
2.1% / -1.9%
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
Healthcare
Industry
Medical Care Facilities
Currency
ZAC
Market Cap
19.8B

Opportunity signals

  • Trend Signal is active with a 44-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • 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 1,684 ZAC -0.8% 1,631 ZAC 1,413 ZAC -0.05 7.78 11.2M On
5 Jun 2026 1,697 ZAC -4.0% 1,626 ZAC 1,411 ZAC 0.06 10.01 26.5M On
29 May 2026 1,768 ZAC 5.2% 1,617 ZAC 1,410 ZAC 0.36 11.29 26.2M On
22 May 2026 1,680 ZAC 0.9% 1,607 ZAC 1,407 ZAC 0.37 6.99 19.1M On
15 May 2026 1,665 ZAC -3.7% 1,600 ZAC 1,406 ZAC 0.50 4.68 8.7M On
8 May 2026 1,729 ZAC 0.0% 1,592 ZAC 1,405 ZAC 0.73 5.47 11.2M On
1 May 2026 1,729 ZAC 1.0% 1,583 ZAC 1,404 ZAC 0.56 7.85 7.3M On
24 Apr 2026 1,712 ZAC -3.0% 1,572 ZAC 1,403 ZAC 0.35 5.48 13.0M On
17 Apr 2026 1,765 ZAC 2.0% 1,561 ZAC 1,402 ZAC 0.28 4.53 11.0M On
10 Apr 2026 1,730 ZAC 3.2% 1,549 ZAC 1,400 ZAC 0.14 4.32 8.4M On
3 Apr 2026 1,676 ZAC 1.8% 1,538 ZAC 1,399 ZAC 0.08 3.56 9.7M On
27 Mar 2026 1,646 ZAC 2.7% 1,529 ZAC 1,398 ZAC 0.23 5.53 21.9M On
20 Mar 2026 1,602 ZAC 0.9% 1,520 ZAC 1,397 ZAC 0.50 4.29 31.2M On
13 Mar 2026 1,587 ZAC -2.3% 1,514 ZAC 1,395 ZAC 0.62 -1.05 21.9M On