JNB Equity Snapshot

SPP Weekly Equity Report

The SPAR Group Ltd

Latest Close 5,213 ZAC 12 Jun 2026
1W Return 2.2% latest completed week
4W Return -15.6% short-term follow-through
12W Return -17.6% quarterly tape
Trend Breadth 0.0% 0 of 52 weeks active
Volume Ratio 1.3x vs 13-week average
Company Brief

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 …

Snapshot

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.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -31.9%
Volume 1.3x
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 0 Persistence of active Trend Signal over the last year and current streak.
Momentum 0 Blend of 4-week and 12-week follow-through.
Dynamics 53 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 56 Participation compared with the 13-week volume baseline.
Risk Control 0 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
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%
Momentum

Returns and trend persistence

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

Return windows

1W 2.2%
4W -15.6%
12W -17.6%
26W -44.6%
52W -52.4%

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%
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
-0.16
4W MD Change
70.8%
Relative Strength
-43.36
4W RS Change
-13.7%
Expectation
Undecided
Probability
46.75%
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
5.1M
13W Average
3.8M
52W Average
3.3M
Vs 13W
1.3x
Vs 52W
1.5x
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
5.2%
52W Volatility
4.4%
Upside Weeks
22
Downside Weeks
30
Downside Breadth
57.7%
Avg Gain / Loss
2.2% / -3.9%
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
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.
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 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