What the company does
The SPAR Group Ltd engages in the wholesale and distribution of goods and services to grocery stores and other group retail outlets in South Africa and internationally. The company offers fresh produce, in-store bakery, butchery, deli, ready-to-eat meals, home-meal replacements, groceries, general merchandise, baked foods, liquor products, building and hardware products, coffee, dispensary and health-related products, confectionery, health and beauty, frozen foods, catering products, wines, and non-food items. The SPAR Group Ltd operates stores under the SUPERSPAR, SPAR, KWIKSPAR, SPAR EXPRESS, PHARMACY at SPAR, TOPS at SPAR, and SAVEMOR brands. The company was founded in …
What the weekly tape is saying
SPP closed the latest completed week at 5,213 ZAC. The 4-week return is -15.6% and the 12-week return is -17.6%. Trend Signal is inactive, Market Dynamics is -0.16. Setup signature: Risk-first tape with a 18/100 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
- 7,657 ZAC
- Vs Trend Line
- -31.9%
- Fair Value
- 10,775 ZAC
- Vs Fair Value
- -51.6%
- 52W High
- 11,324 ZAC
- 52W Low
- 4,636 ZAC
- Drawdown
- -54.0%
- Range Position
- 8.6%
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
- 0
- 52W Active Breadth
- 0.0%
- Sector Scope
- ZA Consumer Defensive
- Sector Rank
- 8 of 21
- Sector Percentile
- 65.0%
Sector and industry pulse
Peer breadth helps separate a stock-specific move from a broader group rotation.
ZA Consumer Defensive
- Tracked Peers
- 21
- 4W Rank
- 20 of 21
- Avg 1W
- -0.5%
- Avg 4W
- -0.3%
- Trend Breadth
- 33.3%
- Positive MD
- 42.9%
ZA Food Distribution
- Tracked Peers
- 3
- 4W Rank
- 3 of 3
- Avg 1W
- 2.9%
- Avg 4W
- -0.9%
- Trend Breadth
- 33.3%
- Positive RS
- 0.0%
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
- -0.16
- 4W MD Change
- 70.8%
- Relative Strength
- -43.36
- 4W RS Change
- -13.7%
- Expectation
- Undecided
- Probability
- 46.75%
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
- 5.1M
- 13W Average
- 3.8M
- 52W Average
- 3.3M
- Vs 13W
- 1.3x
- Vs 52W
- 1.5x
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
- 5.2%
- 52W Volatility
- 4.4%
- Upside Weeks
- 22
- Downside Weeks
- 30
- Downside Breadth
- 57.7%
- Avg Gain / Loss
- 2.2% / -3.9%
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
- Consumer Defensive
- Industry
- Food Distribution
- Currency
- ZAC
- Market Cap
- 9.5B
Opportunity signals
- No strong opportunity cluster is confirmed yet; monitor trend and Market Dynamics.
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.
Recent completed weeks
The latest weekly rows behind the report snapshot.
| Week | Close | Return | Trend | Fair Value | MD | RS | Volume | Signal |
|---|---|---|---|---|---|---|---|---|
| 12 Jun 2026 | 5,213 ZAC | 2.2% | 7,657 ZAC | 10,775 ZAC | -0.16 | -43.36 | 5.1M | Off |
| 5 Jun 2026 | 5,100 ZAC | 4.7% | 7,839 ZAC | 10,807 ZAC | -0.29 | -44.76 | 5.5M | Off |
| 29 May 2026 | 4,872 ZAC | -14.9% | 8,031 ZAC | 10,839 ZAC | -0.42 | -49.61 | 5.9M | Off |
| 22 May 2026 | 5,725 ZAC | -7.4% | 8,232 ZAC | 10,868 ZAC | -0.47 | -41.05 | 2.2M | Off |
| 15 May 2026 | 6,180 ZAC | -2.5% | 8,397 ZAC | 10,915 ZAC | -0.55 | -38.13 | 3.2M | Off |
| 8 May 2026 | 6,340 ZAC | -1.9% | 8,539 ZAC | 10,953 ZAC | -0.68 | -39.30 | 2.9M | Off |
| 1 May 2026 | 6,461 ZAC | 0.6% | 8,686 ZAC | 10,991 ZAC | -0.93 | -37.71 | 2.3M | Off |
| 24 Apr 2026 | 6,424 ZAC | -2.1% | 8,806 ZAC | 11,036 ZAC | -1.11 | -39.72 | 2.9M | Off |
| 17 Apr 2026 | 6,560 ZAC | 6.0% | 8,924 ZAC | 11,085 ZAC | -1.23 | -41.67 | 5.1M | Off |
| 10 Apr 2026 | 6,189 ZAC | 0.5% | 9,043 ZAC | 11,132 ZAC | -1.31 | -44.74 | 2.2M | Off |
| 3 Apr 2026 | 6,158 ZAC | -3.5% | 9,190 ZAC | 11,184 ZAC | -1.33 | -44.48 | 2.4M | Off |
| 27 Mar 2026 | 6,380 ZAC | 0.9% | 9,333 ZAC | 11,235 ZAC | -1.42 | -41.20 | 2.9M | Off |
| 20 Mar 2026 | 6,325 ZAC | 2.3% | 9,482 ZAC | 11,284 ZAC | -1.36 | -41.70 | 6.6M | Off |
| 13 Mar 2026 | 6,181 ZAC | -3.0% | 9,634 ZAC | 11,332 ZAC | -1.33 | -46.26 | 3.4M | Off |