JNB Equity Snapshot

S32 Weekly Equity Report

South32 Limited

Interactive chart JSON snapshot
Latest Close 5,355 ZAC 12 Jun 2026
1W Return -0.2% latest completed week
4W Return 8.7% short-term follow-through
12W Return 14.3% quarterly tape
Trend Breadth 55.8% 29 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
Company Brief

What the company does

South32 Limited operates as a diversified metals and mining company. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Australia Manganese, and South Africa Manganese segments. It has a portfolio of assets producing bauxite, alumina, aluminum, copper, silver, lead, zinc, and manganese products. The company has operations in Australia, Bahrain, China, Japan, Italy, Mozambique, South Africa, the Netherlands, Brazil, South Korea, the United States, rest of Middle East, rest of Asia, rest of Europe, rest of North America, and rest of Oceania. South32 Limited was incorporated …

Snapshot

What the weekly tape is saying

S32 closed the latest completed week at 5,355 ZAC. The 4-week return is 8.7% and the 12-week return is 14.3%. Trend Signal is active, Market Dynamics is -0.27. Setup signature: Balanced read with a 69/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 12.8%
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 76 Persistence of active Trend Signal over the last year and current streak.
Momentum 83 Blend of 4-week and 12-week follow-through.
Dynamics 49 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 100 Relative leadership and short-term RS change.
Volume 40 Participation compared with the 13-week volume baseline.
Risk Control 65 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
4,749 ZAC
Vs Trend Line
12.8%
Fair Value
4,086 ZAC
Vs Fair Value
31.1%
52W High
5,721 ZAC
52W Low
2,917 ZAC
Drawdown
-6.4%
Range Position
86.9%
Momentum

Returns and trend persistence

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

Return windows

1W -0.2%
4W 8.7%
12W 14.3%
26W 35.7%
52W 58.2%

Trend read

Active Streak
29 weeks
52W Active Weeks
29
52W Active Breadth
55.8%
Sector Scope
ZA Basic Materials
Sector Rank
14 of 41
Sector Percentile
67.5%
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
-0.27
4W MD Change
48.6%
Relative Strength
27.27
4W RS Change
53.1%
Expectation
Positive
Probability
58.46%
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
9.7M
13W Average
10.2M
52W Average
9.7M
Vs 13W
0.9x
Vs 52W
1.0x
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
5.3%
52W Volatility
4.6%
Upside Weeks
29
Downside Weeks
23
Downside Breadth
44.2%
Avg Gain / Loss
4.3% / -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
Basic Materials
Industry
Other Industrial Metals & Mining
Currency
ZAC
Market Cap
248.5B

Opportunity signals

  • Trend Signal is active with a 29-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Market Dynamics is negative, which weakens the current setup.

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 5,355 ZAC -0.2% 4,749 ZAC 4,086 ZAC -0.27 27.27 9.7M On
5 Jun 2026 5,364 ZAC -3.6% 4,687 ZAC 4,083 ZAC -0.36 29.95 11.9M On
29 May 2026 5,565 ZAC 10.4% 4,622 ZAC 4,080 ZAC -0.42 31.70 9.5M On
22 May 2026 5,040 ZAC 2.3% 4,556 ZAC 4,077 ZAC -0.62 21.51 3.6M On
15 May 2026 4,925 ZAC -2.0% 4,509 ZAC 4,078 ZAC -0.52 17.81 12.9M On
8 May 2026 5,028 ZAC 0.9% 4,463 ZAC 4,080 ZAC -0.36 17.26 15.3M On
1 May 2026 4,983 ZAC -2.3% 4,414 ZAC 4,081 ZAC -0.23 19.41 5.7M On
24 Apr 2026 5,102 ZAC -3.8% 4,359 ZAC 4,082 ZAC -0.02 21.32 9.8M On
17 Apr 2026 5,306 ZAC -1.7% 4,289 ZAC 4,082 ZAC 0.04 21.82 14.5M On
10 Apr 2026 5,400 ZAC 3.5% 4,214 ZAC 4,082 ZAC 0.16 26.83 3.9M On
3 Apr 2026 5,215 ZAC 10.6% 4,133 ZAC 4,082 ZAC 0.40 26.06 5.6M On
27 Mar 2026 4,717 ZAC 0.7% 4,061 ZAC 4,081 ZAC 0.70 18.89 7.1M On
20 Mar 2026 4,684 ZAC -9.3% 4,008 ZAC 4,084 ZAC 1.09 19.85 23.6M On
13 Mar 2026 5,165 ZAC 0.8% 3,961 ZAC 4,086 ZAC 1.33 26.32 7.9M On