Composite setup radar
41
Balanced read
JNB Equity Snapshot
PHP Weekly Equity Report
Primary Health Prop PLC
Latest Close
2,004 ZAC
12 Jun 2026
1W Return
-3.8%
latest completed week
4W Return
-0.5%
short-term follow-through
12W Return
-3.5%
quarterly tape
Trend Breadth
23.1%
12 of 52 weeks active
Volume Ratio
2.6x
vs 13-week average
Company Brief
What the company does
Primary Health Properties PLC (PHP) is a UK Real Estate Investment Trust and leading investor in modern primary healthcare premises. We invest in flexible, modern properties for local primary healthcare. The overall objective of the group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. To achieve this, PHP invests in healthcare real estate let on long-term leases, backed by secure underlying covenants where the majority of rental income is funded directly or indirectly by a government body. Primary Health Properties Plc was incorporated in 1994 in United …
Snapshot
What the weekly tape is saying
PHP closed the latest completed week at 2,004 ZAC. The 4-week return is -0.5% and the 12-week return is -3.5%. Trend Signal is inactive, Market Dynamics is -0.48. Setup signature: Balanced read with a 41/100 composite read.
Trend Signal
Inactive
Market Dynamics
No fresh buy
Price vs Trend
-7.6%
Volume
2.6x
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.
Scoreboard
Trend
13
Persistence of active Trend Signal over the last year and current streak.
Momentum
46
Blend of 4-week and 12-week follow-through.
Dynamics
43
Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength
21
Relative leadership and short-term RS change.
Volume
100
Participation compared with the 13-week volume baseline.
Risk Control
23
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
- 2,169 ZAC
- Vs Trend Line
- -7.6%
- Fair Value
- 2,294 ZAC
- Vs Fair Value
- -12.6%
- 52W High
- 2,800 ZAC
- 52W Low
- 1,974 ZAC
- Drawdown
- -28.4%
- Range Position
- 3.6%
Momentum
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
- 12
- 52W Active Breadth
- 23.1%
- Sector Scope
- ZA Real Estate
- Sector Rank
- 33 of 37
- Sector Percentile
- 11.1%
Peer Context
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
- 25 of 37
- Avg 1W
- 0.6%
- Avg 4W
- 1022.3%
- Trend Breadth
- 45.9%
- Positive MD
- 43.2%
ZA Reit - Healthcare Facilities
- Tracked Peers
- 1
- 4W Rank
- 1 of 1
- Avg 1W
- -3.8%
- Avg 4W
- -0.5%
- Trend Breadth
- 0.0%
- Positive RS
- 0.0%
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
- -0.48
- 4W MD Change
- 24.7%
- Relative Strength
- -10.48
- 4W RS Change
- 24.3%
- Expectation
- Positive
- Probability
- 55.72%
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
- 934.3K
- 13W Average
- 358.5K
- 52W Average
- 1.4M
- Vs 13W
- 2.6x
- 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
- 3.6%
- 52W Volatility
- 3.2%
- Upside Weeks
- 26
- Downside Weeks
- 24
- Downside Breadth
- 46.2%
- Avg Gain / Loss
- 2.2% / -3.2%
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
- Reit - Healthcare Facilities
- Currency
- ZAC
- Market Cap
- 52.2B
Opportunity signals
- Volume is elevated versus the 13-week average, confirming attention.
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.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Market Dynamics is negative, which weakens the current setup.
- The share remains more than 20% below its 52-week high.
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 | 2,004 ZAC | -3.8% | 2,169 ZAC | 2,294 ZAC | -0.48 | -10.48 | 934.3K | Off |
| 5 Jun 2026 | 2,084 ZAC | -1.2% | 2,174 ZAC | 2,296 ZAC | -0.66 | -6.48 | 521.5K | Off |
| 29 May 2026 | 2,110 ZAC | 0.0% | 2,178 ZAC | 2,297 ZAC | -0.69 | -8.62 | 87.3K | Off |
| 22 May 2026 | 2,110 ZAC | 4.7% | 2,180 ZAC | 2,299 ZAC | -0.56 | -8.12 | 260.0K | Off |
| 15 May 2026 | 2,015 ZAC | -5.0% | 2,182 ZAC | 2,300 ZAC | -0.63 | -13.84 | 99.9K | Off |
| 8 May 2026 | 2,121 ZAC | -4.3% | 2,187 ZAC | 2,302 ZAC | -0.61 | -12.55 | 339.6K | Off |
| 1 May 2026 | 2,217 ZAC | 6.0% | 2,185 ZAC | 2,304 ZAC | -0.72 | -7.15 | 443.0K | Off |
| 24 Apr 2026 | 2,092 ZAC | 0.1% | 2,181 ZAC | 2,304 ZAC | -0.95 | -14.08 | 323.7K | Off |
| 17 Apr 2026 | 2,090 ZAC | 0.7% | 2,180 ZAC | 2,306 ZAC | -0.99 | -18.23 | 82.4K | Off |
| 10 Apr 2026 | 2,076 ZAC | 1.0% | 2,181 ZAC | 2,308 ZAC | -0.93 | -18.03 | 40.7K | Off |
| 3 Apr 2026 | 2,055 ZAC | -0.1% | 2,183 ZAC | 2,310 ZAC | -0.56 | -17.65 | 417.3K | Off |
| 27 Mar 2026 | 2,057 ZAC | -1.0% | 2,185 ZAC | 2,312 ZAC | -0.22 | -15.14 | 122.1K | Off |
| 20 Mar 2026 | 2,077 ZAC | -7.7% | 2,190 ZAC | 2,314 ZAC | 0.48 | -13.56 | 988.3K | On |
| 13 Mar 2026 | 2,250 ZAC | 2.3% | 2,195 ZAC | 2,315 ZAC | 1.08 | -10.89 | 476.3K | On |