{"ticker": {"uuid": "80908150-4828-41d9-ab2e-3e81583fc95d", "symbol": "NTC", "name": "Netcare Limited", "exchange": "JNB", "asset_type": "equity"}, "latest_week": "2026-08-07", "summary": "NTC closed the latest completed week at 19.00 ZAC. The 4-week return is 2.2% and the 12-week return is -98.9%. The trend backdrop is inactive, with activity pressure at -0.68.", "description": "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 also engages in the financing, property owning, and pharmaceutical services. It operates through a network of acute hospitals, netcare 911 sites, cancer care centres, haematology centres, renal dialysis facilities, dialysis stations, point of care devices, mental health hospitals, primary health care facilities, and occupational health service contracts, as well as insurance products, and prepaid procedures and healthcare vouchers. Netcare Limited was incorporated in 1996 and is headquartered in Sandton, South Africa.", "setup_signature": "Risk-first tape", "composite_score": "33", "kpis": [{"label": "Latest Close", "value": "19.00 ZAC", "hint": "2026-08-07"}, {"label": "1W Return", "value": "0.4%", "tone": "positive", "hint": "latest completed week"}, {"label": "4W Return", "value": "2.2%", "tone": "positive", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-98.9%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "80.8%", "hint": "42 of 52 weeks active"}, {"label": "Volume Ratio", "value": "2.1x", "hint": "vs 13-week average"}], "classification": {"exchange": "JNB", "country": "ZA", "sector": "Healthcare", "industry": "Medical Care Facilities", "currency": "ZAC", "market_cap": "19.8B"}, "price": {"trend_line": "1,112 ZAC", "fair_value": "1,321 ZAC", "vs_trend": "-98.3%", "vs_fair_value": "-98.6%", "high_52": "1,818 ZAC", "low_52": "16.24 ZAC", "drawdown": "-99.0%", "range_position": "0.2%", "markers": [{"label": "Close", "value": 19.0, "value_label": "19.00", "position": 0.15293689543675154, "left": "0.2%", "tone": "negative"}, {"label": "Trend", "value": 1111.691062, "value_label": "1,112", "position": 60.79884763546246, "left": "60.8%", "tone": "positive"}, {"label": "Fair", "value": 1320.543566, "value_label": "1,321", "position": 72.39045916766592, "left": "72.4%", "tone": "neutral"}], "insights": [{"label": "Range location", "value": "0.2%", "detail": "Shows where the latest close sits between the 52-week low and high.", "tone": "negative"}, {"label": "Trend distance", "value": "-98.3%", "detail": "Price premium or discount versus the weekly Trend Line.", "tone": "negative"}, {"label": "Fair-value gap", "value": "-98.6%", "detail": "Premium demand or model discount versus Sharemaestro Fair Value.", "tone": "negative"}, {"label": "High-water gap", "value": "-99.0%", "detail": "Distance from the latest 52-week high.", "tone": "negative"}]}, "momentum": {"returns": [{"label": "1W", "value": 0.3697834125726375, "value_label": "0.4%", "tone": "positive", "width": 4}, {"label": "4W", "value": 2.1505376344085945, "value_label": "2.2%", "tone": "positive", "width": 6.144393241167412}, {"label": "12W", "value": -98.85885885885885, "value_label": "-98.9%", "tone": "negative", "width": 100}, {"label": "26W", "value": -98.78361075544174, "value_label": "-98.8%", "tone": "negative", "width": 100}, {"label": "52W", "value": -98.634654929873, "value_label": "-98.6%", "tone": "negative", "width": 100}], "trend_streak": 0, "active_weeks": 42, "active_breadth": "80.8%", "peer": {"scope": "ZA Healthcare", "count": 8, "rank": 5, "percentile": 42.85714285714286, "avg_weekly_return": 2.6123940797786203}}, "setup": {"scores": [{"label": "Trend", "value": 44.42307692307693, "value_label": "44", "width": 44.42307692307693, "tone": "neutral", "description": "Persistence of the active trend backdrop over the last year and 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"Latest week", "value": "+0.4%", "detail": "Week of 7 Aug.", "tone": "positive"}], "buckets": [{"label": "Strong gains", "count": 5, "share": 19.230769230769234, "share_label": "19.2%", "tone": "positive"}, {"label": "Modest gains", "count": 12, "share": 46.15384615384615, "share_label": "46.2%", "tone": "positive"}, {"label": "Flat weeks", "count": 1, "share": 3.8461538461538463, "share_label": "3.8%", "tone": "neutral"}, {"label": "Modest losses", "count": 6, "share": 23.076923076923077, "share_label": "23.1%", "tone": "negative"}, {"label": "Sharp losses", "count": 2, "share": 7.6923076923076925, "share_label": "7.7%", "tone": "negative"}], "insights": [{"label": "Recent vol", "value": "26.9%", "detail": "13-week weekly-return volatility.", "tone": "negative"}, {"label": "Base vol", "value": "13.9%", "detail": "52-week weekly-return volatility.", "tone": "neutral"}, {"label": "Up/down split", "value": "31/20", "detail": "Count of positive and negative weeks in the 52-week window.", "tone": "positive"}, {"label": "Average skew", "value": "2.4% / -6.7%", "detail": "Average positive week versus average negative week.", "tone": "neutral"}]}, "signals": [{"label": "Trend backdrop", "value": "Inactive", "tone": "negative"}, {"label": "Activity pressure", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "-98.3%", "tone": "negative"}, {"label": "Volume", "value": "2.1x", "tone": "positive"}], "opportunities": ["Volume is elevated versus the 13-week average, confirming attention."], "risks": ["The trend backdrop is inactive, so price action has not confirmed a constructive regime.", "Price is below the Trend Line, which keeps downside pressure in focus.", "Price is below Fair Value, so the market is still discounting the latest tape.", "Activity pressure is negative, which weakens the current setup.", "Activity pressure is weak, so confirmation is not yet broad enough."], "watch_points": ["Trend Line remains the key weekly regime level.", "Activity pressure is the gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-08-07", "close": "19.00 ZAC", "return": null, "return_tone": null, "trend_line": "1,112 ZAC", "fair_value": "1,321 ZAC", "activity_pressure": "-0.68", "relative_leadership": "-98.55", "volume": "33.4M", "trend_backdrop": null}, {"week": "2026-07-31", "close": "18.93 ZAC", "return": null, "return_tone": null, "trend_line": "1,164 ZAC", "fair_value": "1,329 ZAC", "activity_pressure": "-0.78", "relative_leadership": "-98.51", "volume": "45.2M", "trend_backdrop": null}, {"week": "2026-07-24", "close": "18.10 ZAC", "return": null, "return_tone": null, "trend_line": "1,217 ZAC", "fair_value": "1,338 ZAC", "activity_pressure": "-0.99", "relative_leadership": "-98.58", "volume": "25.0M", "trend_backdrop": null}, {"week": "2026-07-17", "close": "18.61 ZAC", "return": null, "return_tone": null, "trend_line": "1,269 ZAC", "fair_value": "1,347 ZAC", "activity_pressure": "-1.18", "relative_leadership": "-98.57", "volume": "18.5M", "trend_backdrop": null}, {"week": "2026-07-10", "close": "18.60 ZAC", "return": null, "return_tone": null, "trend_line": "1,321 ZAC", "fair_value": "1,355 ZAC", "activity_pressure": "-1.32", "relative_leadership": "-98.62", "volume": "16.3M", "trend_backdrop": null}, {"week": "2026-07-03", "close": "18.17 ZAC", "return": null, "return_tone": null, "trend_line": "1,370 ZAC", "fair_value": "1,364 ZAC", "activity_pressure": "-1.44", "relative_leadership": "-98.69", "volume": "2.5M", "trend_backdrop": null}, {"week": "2026-06-26", "close": "17.29 ZAC", "return": null, "return_tone": null, "trend_line": "1,420 ZAC", "fair_value": "1,373 ZAC", "activity_pressure": "-1.45", "relative_leadership": "-98.77", "volume": "1.9M", "trend_backdrop": null}, {"week": "2026-06-19", "close": "17.51 ZAC", "return": null, "return_tone": null, "trend_line": "1,471 ZAC", "fair_value": "1,382 ZAC", "activity_pressure": "-0.89", "relative_leadership": "-98.80", "volume": "5.2M", "trend_backdrop": null}, {"week": "2026-06-12", "close": "16.44 ZAC", "return": null, "return_tone": null, "trend_line": "1,520 ZAC", "fair_value": "1,391 ZAC", "activity_pressure": "-0.56", "relative_leadership": "-98.90", "volume": "1.8M", "trend_backdrop": null}, {"week": "2026-06-05", "close": "16.57 ZAC", "return": null, "return_tone": null, "trend_line": "1,570 ZAC", "fair_value": "1,400 ZAC", "activity_pressure": "-0.25", "relative_leadership": "-98.90", "volume": "5.9M", "trend_backdrop": null}, {"week": "2026-05-29", "close": "1,768 ZAC", "return": null, "return_tone": null, "trend_line": "1,617 ZAC", "fair_value": "1,410 ZAC", "activity_pressure": "0.36", "relative_leadership": "11.29", "volume": "26.2M", "trend_backdrop": null}, {"week": "2026-05-22", "close": "1,680 ZAC", "return": null, "return_tone": null, "trend_line": "1,607 ZAC", "fair_value": "1,407 ZAC", "activity_pressure": "0.37", "relative_leadership": "6.99", "volume": "19.1M", "trend_backdrop": null}, {"week": "2026-05-15", "close": "1,665 ZAC", "return": null, "return_tone": null, "trend_line": "1,600 ZAC", "fair_value": "1,406 ZAC", "activity_pressure": "0.50", "relative_leadership": "4.68", "volume": "8.7M", "trend_backdrop": null}, {"week": "2026-05-08", "close": "1,729 ZAC", "return": null, "return_tone": null, "trend_line": "1,592 ZAC", "fair_value": "1,405 ZAC", "activity_pressure": "0.73", "relative_leadership": "5.47", "volume": "11.2M", "trend_backdrop": null}], "intelligence": {"rating": "Caution", "rating_tone": "negative", "overall_score": "37", "primary_driver": {"label": "Sentiment", "score": 54.0, "score_label": "54", "tone": "neutral", "summary": "Weighted news tone is neutral across 21 relevant articles.", "detail": "Price to sales forward of Netcare Limited \u2013 JSE:NTC", "metric": "54/100", "url": "/sentiment/80908150-4828-41d9-ab2e-3e81583fc95d/", "available": true, "weight": 0.95}, "primary_conflict": {"label": "Indicator analysis", "score": 16.722222222222218, "score_label": "17", "tone": "negative", "summary": "Latest 12-week confirmation: trend 2/12, activity pressure 2/12, relative leadership 2/12.", "detail": "Activity pressure 0.30; 4 reversal markers", "metric": "17/100", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/", "available": true, "weight": 1.45}, "options_tone": "neutral", "options": null, "evidence": [{"label": "Weekly tape", "score": 37.56970716167695, "score_label": "38", "tone": "negative", "summary": "Trend, activity pressure, participation, and risk combine to a 38/100 tape read.", "detail": "", "metric": "38/100", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/", "available": true, "weight": 1.6}, {"label": "Indicator analysis", "score": 16.722222222222218, "score_label": "17", "tone": "negative", "summary": "Latest 12-week confirmation: trend 2/12, activity pressure 2/12, relative leadership 2/12.", "detail": "Activity pressure 0.30; 4 reversal markers", "metric": "17/100", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/", "available": true, "weight": 1.45}, {"label": "Factors", "score": 50.0, "score_label": "50", "tone": "neutral", "summary": "No published factor snapshot is available yet.", "detail": "", "metric": "50/100", "url": "/factors/", "available": false, "weight": 0}, {"label": "Patient Capital", "score": 48.0, "score_label": "48", "tone": "neutral", "summary": "Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.", "detail": "No recent buy signal", "metric": "Quiet", "url": "/patient-capital/", "available": true, "weight": 1}, {"label": "Sentiment", "score": 54.0, "score_label": "54", "tone": "neutral", "summary": "Weighted news tone is neutral across 21 relevant articles.", "detail": "Price to sales forward of Netcare Limited \u2013 JSE:NTC", "metric": "54/100", "url": "/sentiment/80908150-4828-41d9-ab2e-3e81583fc95d/", "available": true, "weight": 0.95}, {"label": "Insiders", "score": 50.0, "score_label": "50", "tone": "neutral", "summary": "No recent insider transaction evidence is stored.", "detail": "", "metric": "50/100", "url": "/insider-activity/", "available": false, "weight": 0}, {"label": "Earnings", "score": 50.0, "score_label": "50", "tone": "neutral", "summary": "No stored earnings event is currently attached to this ticker.", "detail": "", "metric": "50/100", "url": "/earnings-calendar/", "available": false, "weight": 0}], "positives": [], "negatives": [{"label": "Indicator analysis", "score": 16.722222222222218, "score_label": "17", "tone": "negative", "summary": "Latest 12-week confirmation: trend 2/12, activity pressure 2/12, relative leadership 2/12.", "detail": "Activity pressure 0.30; 4 reversal markers", "metric": "17/100", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/", "available": true, "weight": 1.45}, {"label": "Weekly tape", "score": 37.56970716167695, "score_label": "38", "tone": "negative", "summary": "Trend, activity pressure, participation, and risk combine to a 38/100 tape read.", "detail": "", "metric": "38/100", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/", "available": true, "weight": 1.6}], "conclusion": ["The strongest supporting evidence is sentiment: Weighted news tone is neutral across 21 relevant articles.", "The main constraint is indicator analysis: Latest 12-week confirmation: trend 2/12, activity pressure 2/12, relative leadership 2/12.", "The combined read is defensive, so risk control and evidence of stabilization matter more than headline upside."], "weekly_changes": [{"label": "Price follow-through", "value": "0.4%", "detail": "Latest completed week; four-week move 2.2%.", "tone": "positive", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/"}, {"label": "Indicator stack", "value": "44/42", "detail": "Trend and activity pressure are weighted against the latest 12-week confirmation window.", "tone": "neutral", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/"}, {"label": "Trend backdrop", "value": "Active", "detail": "The trend backdrop defines the current weekly regime.", "tone": "positive", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/"}, {"label": "Patient Capital", "value": "Quiet", "detail": "Activity-pressure buy-signal status for institutional accumulation timing.", "tone": "neutral", "url": "/patient-capital/"}, {"label": "News sentiment", "value": "54/100", "detail": "21 relevant articles in the latest sentiment read.", "tone": "neutral", "url": "/sentiment/80908150-4828-41d9-ab2e-3e81583fc95d/"}]}, "investor_view": {"stance": "Mixed setup", "stance_tone": "neutral", "setup_score": "33", "bottom_line": "The weekly trend is not active. Price is -98.3% below the Trend Line and sits at 0.2% of its 52-week range. The latest completed week returned 0.4%, after a 2.2% four-week move. The latest news-sentiment score is 54/100.", "price_summary": "The weekly trend is not active. Price is -98.3% below the Trend Line and sits at 0.2% of its 52-week range. The latest completed week returned 0.4%, after a 2.2% four-week move.", "volume_summary": "Latest weekly volume is 2.1x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.", "momentum_summary": "Performance is 2.2% over four weeks, -98.9% over 12 weeks, and -98.6% over one year. The current trend has remained active for 0 consecutive weeks.", "fundamentals": {"available": false, "summary": "A published fundamentals and factor snapshot is not available for this company.", "rank_scores": [], "groups": []}, "weekly_change": [{"label": "Price follow-through", "value": "0.4%", "detail": "Latest completed week; four-week move 2.2%.", "tone": "positive", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/"}, {"label": "Indicator stack", "value": "44/42", "detail": "Trend and activity pressure are weighted against the latest 12-week confirmation window.", "tone": "neutral", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/"}, {"label": "Trend backdrop", "value": "Active", "detail": "The trend backdrop defines the current weekly regime.", "tone": "positive", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/"}, {"label": "Patient Capital", "value": "Quiet", "detail": "Activity-pressure buy-signal status for institutional accumulation timing.", "tone": "neutral", "url": "/patient-capital/"}, {"label": "News sentiment", "value": "54/100", "detail": "21 relevant articles in the latest sentiment read.", "tone": "neutral", "url": "/sentiment/80908150-4828-41d9-ab2e-3e81583fc95d/"}], "strengths": ["Volume is elevated versus the 13-week average, confirming attention."], "risks": ["The trend backdrop is inactive, so price action has not confirmed a constructive regime.", "Price is below the Trend Line, which keeps downside pressure in focus.", "Price is below Fair Value, so the market is still discounting the latest tape.", "Activity pressure is negative, which weakens the current setup."], "watch_points": ["Trend Line remains the key weekly regime level.", "Activity pressure is the gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "evidence": {"weekly_tape": {"label": "Weekly tape", "score": 37.56970716167695, "score_label": "38", "tone": "negative", "summary": "Trend, activity pressure, participation, and risk combine to a 38/100 tape read.", "detail": "", "metric": "38/100", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/", "available": true, "weight": 1.6}, "indicator_analysis": {"label": "Indicator analysis", "score": 16.722222222222218, "score_label": "17", "tone": "negative", "summary": "Latest 12-week confirmation: trend 2/12, activity pressure 2/12, relative leadership 2/12.", "detail": "Activity pressure 0.30; 4 reversal markers", "metric": "17/100", "url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/", "available": true, "weight": 1.45}, "factors": {"label": "Factors", "score": 50.0, "score_label": "50", "tone": "neutral", "summary": "No published factor snapshot is available yet.", "detail": "", "metric": "50/100", "url": "/factors/", "available": false, "weight": 0}, "patient_capital": {"label": "Patient Capital", "score": 48.0, "score_label": "48", "tone": "neutral", "summary": "Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.", "detail": "No recent buy signal", "metric": "Quiet", "url": "/patient-capital/", "available": true, "weight": 1}, "sentiment": {"label": "Sentiment", "score": 54.0, "score_label": "54", "tone": "neutral", "summary": "Weighted news tone is neutral across 21 relevant articles.", "detail": "Price to sales forward of Netcare Limited \u2013 JSE:NTC", "metric": "54/100", "url": "/sentiment/80908150-4828-41d9-ab2e-3e81583fc95d/", "available": true, "weight": 0.95}, "insiders": {"label": "Insiders", "score": 50.0, "score_label": "50", "tone": "neutral", "summary": "No recent insider transaction evidence is stored.", "detail": "", "metric": "50/100", "url": "/insider-activity/", "available": false, "weight": 0}, "earnings": {"label": "Earnings", "score": 50.0, "score_label": "50", "tone": "neutral", "summary": "No stored earnings event is currently attached to this ticker.", "detail": "", "metric": "50/100", "url": "/earnings-calendar/", "available": false, "weight": 0}}, "section_nav": [{"id": "overview", "label": "Overview"}, {"id": "price-action", "label": "Price"}, {"id": "volume-demand", "label": "Volume"}, {"id": "momentum", "label": "Momentum"}, {"id": "fundamentals", "label": "Fundamentals"}, {"id": "ownership-flow", "label": "Ownership & Flow"}, {"id": "catalysts-risk", "label": "Catalysts & Risk"}, {"id": "peer-context", "label": "Peer Context"}, {"id": "weekly-data", "label": "Weekly Data"}]}, "chart_url": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/", "api_path": "/terminal/80908150-4828-41d9-ab2e-3e81583fc95d/report/api/"}