JNB Equity Snapshot

SEA Weekly Equity Report

Spear Reit Limited

Interactive chart JSON snapshot
Latest Close 1,317 ZAC 12 Jun 2026
1W Return -1.6% latest completed week
4W Return 1.3% short-term follow-through
12W Return -2.4% quarterly tape
Trend Breadth 100.0% 52 of 52 weeks active
Volume Ratio 0.0x vs 13-week average
Company Brief

What the company does

Spear REIT Limited listed as a Real Estate Investment Trust on the main board of the Johannesburg Stock Exchange. It is the only regionally focused REIT listed on the JSE that invests in high-quality income generating assets in the Western Cape. Spear obtains its diversification through asset type rather than geographical investment. The company conducts its business directly and through a few subsidiaries, collectively referred to as. The group's property and asset management functions are internally and directly managed by the Spear executive management team.

Snapshot

What the weekly tape is saying

SEA closed the latest completed week at 1,317 ZAC. The 4-week return is 1.3% and the 12-week return is -2.4%. Trend Signal is active, Market Dynamics is 0.12. Setup signature: Balanced read with a 64/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 5.9%
Volume 0.0x
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 100 Persistence of active Trend Signal over the last year and current streak.
Momentum 51 Blend of 4-week and 12-week follow-through.
Dynamics 82 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 87 Relative leadership and short-term RS change.
Volume 2 Participation compared with the 13-week volume baseline.
Risk Control 61 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
1,244 ZAC
Vs Trend Line
5.9%
Fair Value
964.4 ZAC
Vs Fair Value
36.6%
52W High
1,421 ZAC
52W Low
975.6 ZAC
Drawdown
-7.3%
Range Position
76.7%
Momentum

Returns and trend persistence

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

Return windows

1W -1.6%
4W 1.3%
12W -2.4%
26W 13.5%
52W 29.5%

Trend read

Active Streak
55 weeks
52W Active Weeks
52
52W Active Breadth
100.0%
Sector Scope
ZA Real Estate
Sector Rank
28 of 37
Sector Percentile
25.0%
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
0.12
4W MD Change
366.7%
Relative Strength
11.67
4W RS Change
25.9%
Expectation
Positive
Probability
56.29%
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
242.0K
13W Average
5.1M
52W Average
2.6M
Vs 13W
0.0x
Vs 52W
0.1x
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
5.6%
52W Volatility
3.4%
Upside Weeks
32
Downside Weeks
18
Downside Breadth
34.6%
Avg Gain / Loss
2.3% / -2.4%
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
Real Estate
Industry
Reit - Diversified
Currency
ZAC
Market Cap
7.0B

Opportunity signals

  • Trend Signal is active with a 55-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.
  • Market Dynamics is positive on the latest completed week.

Risk signals

  • Recent volatility is running well above the one-year baseline.

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 1,317 ZAC -1.6% 1,244 ZAC 964.4 ZAC 0.12 11.67 242.0K On
5 Jun 2026 1,338 ZAC -1.9% 1,236 ZAC 960.3 ZAC 0.20 15.14 8.3M On
29 May 2026 1,365 ZAC 4.0% 1,228 ZAC 956.3 ZAC 0.13 14.24 2.9M On
22 May 2026 1,313 ZAC 1.0% 1,221 ZAC 952.0 ZAC 0.05 11.45 18.2M On
15 May 2026 1,300 ZAC 0.0% 1,214 ZAC 948.2 ZAC -0.05 9.28 5.7M On
8 May 2026 1,300 ZAC 0.3% 1,208 ZAC 944.3 ZAC -0.02 6.35 4.0M On
1 May 2026 1,296 ZAC 0.1% 1,201 ZAC 940.6 ZAC 0.13 8.66 2.0M On
24 Apr 2026 1,295 ZAC -0.8% 1,194 ZAC 936.9 ZAC 0.17 7.46 579.3K On
17 Apr 2026 1,306 ZAC 0.4% 1,185 ZAC 933.2 ZAC 0.07 4.33 627.0K On
10 Apr 2026 1,301 ZAC 2.6% 1,176 ZAC 929.4 ZAC 0.42 5.94 7.4M On
3 Apr 2026 1,268 ZAC 8.0% 1,166 ZAC 925.8 ZAC 0.20 5.82 4.9M On
27 Mar 2026 1,174 ZAC -13.0% 1,158 ZAC 922.4 ZAC 0.46 1.69 4.6M On
20 Mar 2026 1,350 ZAC 12.5% 1,153 ZAC 919.6 ZAC 0.99 18.73 6.8M On
13 Mar 2026 1,200 ZAC -4.7% 1,142 ZAC 915.4 ZAC 1.04 1.37 1.6M On