PAN JNB Week ended 31 Jul 2026

Weekly Investor Report

Pan African Resources PLC · Basic Materials · Gold

Latest close 20.59 ZAC
-3.6% latest week
Weekly setup

Weak trend

The weekly trend is not active. Price is -99.1% below the Trend Line and sits at 0.0% of its 52-week range. The latest completed week returned -3.6%, after a -9.2% four-week move. The latest news-sentiment score is 58/100.

Setup score 33 out of 100
Latest Close 20.59 ZAC 31 Jul 2026
1W Return -3.6% latest completed week
4W Return -9.2% short-term follow-through
12W Return -99.4% quarterly tape
Trend Breadth 82.7% 43 of 52 weeks active
Volume Ratio 1.4x vs 13-week average
What is working
  • Next-week expectancy is positive at 59.57% based on similar historical setup states.
What could go wrong
  • 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.
What to watch next
  • 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.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is -99.1% below the Trend Line and sits at 0.0% of its 52-week range. The latest completed week returned -3.6%, after a -9.2% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.4x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
6 Feb 13 Feb 20 Feb 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 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.1612-week average 0.42

12-week confirmation

Trend active3/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership3/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.16Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -9.2% over four weeks, -99.4% over 12 weeks, and -98.5% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W-3.6%
4W-9.2%
12W-99.4%
26W-99.3%
52W-98.5%
Active trend streak0 weeks
Active weeks in one year43
Trend breadth82.7%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-1.04Latest activity-pressure read.
Pressure change16.3%Four-week change in activity pressure.
Leadership-99.02Latest relative-leadership reading.
RS change-0.0%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

A published fundamentals and factor snapshot is not available for this company.

Open full factor analysis

No published fundamental snapshot is available for this company.

05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity-

No recent insider transactions are stored for this company.

News sentiment58/100

Weighted news tone is neutral across 17 relevant articles.

8 positive · 9 neutral · 0 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-99.5%Distance below the 52-week high.
13-week volatility26.5%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher12 of 2614 weeks finished lower.
Best week+16.8%Week of 20 Feb.
Worst week-99.2%Week of 5 Jun.
Latest week-3.6%Week of 31 Jul.

Shape of recent returns

Strong gains7
Modest gains5
Flat weeks0
Modest losses5
Sharp losses9
Recent vol26.5%13-week weekly-return volatility.
Base vol15.2%52-week weekly-return volatility.
Up/down split29/23Count of positive and negative weeks in the 52-week window.
Average skew6.2% / -8.7%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 202620.59 ZAC-3.6%2,235 ZAC1,180 ZAC-1.04-99.0231.7MOff
24 Jul 202621.36 ZAC7.6%2,324 ZAC1,182 ZAC-1.02-98.9831.5MOff
17 Jul 202619.85 ZAC-4.8%2,415 ZAC1,184 ZAC-1.11-99.0630.6MOff
10 Jul 202620.85 ZAC-8.0%2,497 ZAC1,186 ZAC-1.17-99.0427.8MOff
3 Jul 202622.67 ZAC1.3%2,582 ZAC1,188 ZAC-1.24-98.9739.2MOff
26 Jun 202622.39 ZAC-3.1%2,662 ZAC1,190 ZAC-1.36-98.998.1MOff
19 Jun 202623.10 ZAC-3.6%2,737 ZAC1,192 ZAC-1.31-98.9912.5MOff
12 Jun 202623.96 ZAC1.5%2,805 ZAC1,193 ZAC-1.30-98.9611.5MOff
5 Jun 202623.60 ZAC-99.2%2,875 ZAC1,195 ZAC-1.22-98.987.0MOff
29 May 20262,982 ZAC-0.4%2,940 ZAC1,197 ZAC-1.0124.1017.3MOn
22 May 20262,994 ZAC-3.0%2,905 ZAC1,180 ZAC-0.9627.8515.7MOn
15 May 20263,087 ZAC-9.2%2,871 ZAC1,163 ZAC-0.8132.0530.4MOn
8 May 20263,398 ZAC7.0%2,839 ZAC1,146 ZAC-0.5943.3637.7MOn
1 May 20263,177 ZAC-4.0%2,793 ZAC1,127 ZAC-0.5539.3020.5MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.