JNB Equity Snapshot
HAR Weekly Equity Report
Harmony Gold Mining Company Limited
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 …
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.
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
- 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%
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
- 37
- 52W Active Breadth
- 71.2%
- Sector Scope
- ZA Basic Materials
- Sector Rank
- 21 of 41
- Sector Percentile
- 50.0%
Sector and industry pulse
Peer breadth helps separate a stock-specific move from a broader group rotation.
ZA Basic Materials
- Tracked Peers
- 41
- 4W Rank
- 20 of 41
- Avg 1W
- -1.9%
- Avg 4W
- 679.8%
- Trend Breadth
- 39.0%
- Positive MD
- 34.1%
ZA Gold
- Tracked Peers
- 6
- 4W Rank
- 2 of 6
- Avg 1W
- -1.4%
- Avg 4W
- -9.1%
- Trend Breadth
- 16.7%
- Positive RS
- 33.3%
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
- 79.6%
- Relative Strength
- -14.12
- 4W RS Change
- -1.8%
- Expectation
- Positive
- Probability
- 59.75%
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
- 17.0M
- 13W Average
- 19.5M
- 52W Average
- 13.8M
- Vs 13W
- 0.9x
- Vs 52W
- 1.2x
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%
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.
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 |