JNB Equity Snapshot

HAR Weekly Equity Report

Harmony Gold Mining Company Limited

Latest Close 25,718 ZAC 12 Jun 2026
1W Return -2.2% latest completed week
4W Return -3.0% short-term follow-through
12W Return 10.1% quarterly tape
Trend Breadth 71.2% 37 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
Company Brief

What the company does

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australia. The company explores for gold, uranium, silver, and copper deposits. It has nine underground operations in the Witwatersrand Basin; the Kraaipan Greenstone Belt; and various surface source operations in South Africa. In addition, the company owns interests in the Hidden Valley, an open-pit gold and silver mine; and the Wafi-Golpu project located in Morobe Province in Papua New Guinea. Further, it holds interest in Eva Copper Project located in Queensland, Australia. Harmony …

Snapshot

What the weekly tape is saying

HAR closed the latest completed week at 25,718 ZAC. The 4-week return is -3.0% and the 12-week return is 10.1%. Trend Signal is inactive, Market Dynamics is -0.16. Setup signature: Risk-first tape with a 32/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -16.6%
Volume 0.9x
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 39 Persistence of active Trend Signal over the last year and current streak.
Momentum 52 Blend of 4-week and 12-week follow-through.
Dynamics 53 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 8 Relative leadership and short-term RS change.
Volume 37 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
30,839 ZAC
Vs Trend Line
-16.6%
Fair Value
20,469 ZAC
Vs Fair Value
25.6%
52W High
42,880 ZAC
52W Low
21,348 ZAC
Drawdown
-40.0%
Range Position
20.3%
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 -3.0%
12W 10.1%
26W -27.8%
52W -3.5%

Trend read

Active Streak
0 weeks
52W Active Weeks
37
52W Active Breadth
71.2%
Sector Scope
ZA Basic Materials
Sector Rank
21 of 41
Sector Percentile
50.0%
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
79.6%
Relative Strength
-14.12
4W RS Change
-1.8%
Expectation
Positive
Probability
59.75%
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
17.0M
13W Average
19.5M
52W Average
13.8M
Vs 13W
0.9x
Vs 52W
1.2x
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
8.8%
52W Volatility
7.9%
Upside Weeks
28
Downside Weeks
24
Downside Breadth
46.2%
Avg Gain / Loss
6.4% / -6.9%
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
Basic Materials
Industry
Gold
Currency
ZAC
Market Cap
175.0B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.

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.
  • 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 25,718 ZAC -2.2% 30,839 ZAC 20,469 ZAC -0.16 -14.12 17.0M Off
5 Jun 2026 26,300 ZAC -11.2% 30,980 ZAC 20,359 ZAC -0.27 -11.36 16.9M Off
29 May 2026 29,611 ZAC 7.8% 31,052 ZAC 20,245 ZAC -0.23 -3.36 25.2M Off
22 May 2026 27,456 ZAC 3.6% 31,035 ZAC 20,115 ZAC -0.61 -9.36 21.9M Off
15 May 2026 26,509 ZAC -9.3% 31,141 ZAC 19,998 ZAC -0.79 -13.86 14.5M Off
8 May 2026 29,227 ZAC 11.0% 31,419 ZAC 19,888 ZAC -0.66 -8.03 25.4M Off
1 May 2026 26,342 ZAC -4.6% 31,498 ZAC 19,765 ZAC -0.86 -15.53 6.8M Off
24 Apr 2026 27,605 ZAC -11.6% 31,674 ZAC 19,658 ZAC -0.79 -13.00 14.0M Off
17 Apr 2026 31,241 ZAC 14.5% 31,786 ZAC 19,536 ZAC -0.76 -5.87 23.7M Off
10 Apr 2026 27,283 ZAC -0.1% 31,675 ZAC 19,387 ZAC -0.93 -16.88 13.3M Off
3 Apr 2026 27,302 ZAC 11.6% 31,645 ZAC 19,266 ZAC -0.89 -15.62 18.3M Off
27 Mar 2026 24,461 ZAC 4.8% 31,570 ZAC 19,144 ZAC -0.97 -21.86 24.5M Off
20 Mar 2026 23,351 ZAC -9.1% 31,539 ZAC 19,034 ZAC -0.72 -24.61 32.3M Off
13 Mar 2026 25,685 ZAC -19.2% 31,696 ZAC 18,932 ZAC -0.63 -20.86 20.8M Off