JNB Equity Snapshot

EMI Weekly Equity Report

Emira Property Fund Limited

Latest Close 1,490 ZAC 5 Jun 2026
1W Return 2.6% latest completed week
4W Return 3.2% short-term follow-through
12W Return 21.0% quarterly tape
Trend Breadth 90.4% 47 of 52 weeks active
Volume Ratio 3.2x vs 13-week average
Company Brief

What the company does

Emira Property Fund Limited is a Real Estate Investment Trust (REIT) domiciled in South Africa and, together with all its subsidiaries, owns a portfolio of property investments which are sectorally and geographically diversified. Emira continues to deliver returns throughout the cycles by way of this risk-mitigating diversification strategy. The Fund has direct property holdings as well as indirect property investments, through equity investments in property owning companies with specialist third-party co-investors. In South Africa, the Fund owns a direct portfolio of properties diversified across the retail, industrial, office and residential sectors, which it segregates between …

Snapshot

What the weekly tape is saying

EMI closed the latest completed week at 1,490 ZAC. The 4-week return is 3.2% and the 12-week return is 21.0%. Trend Signal is active, Market Dynamics is 0.76. Setup signature: Leadership continuation with a 84/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 7.6%
Volume 3.2x
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 95 Persistence of active Trend Signal over the last year and current streak.
Momentum 76 Blend of 4-week and 12-week follow-through.
Dynamics 66 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 100 Relative leadership and short-term RS change.
Volume 100 Participation compared with the 13-week volume baseline.
Risk Control 68 Drawdown and recent weekly volatility pressure.

16-week signal tape

20 Feb 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
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
1,385 ZAC
Vs Trend Line
7.6%
Fair Value
1,085 ZAC
Vs Fair Value
37.4%
52W High
1,577 ZAC
52W Low
1,026 ZAC
Drawdown
-5.5%
Range Position
84.2%
Momentum

Returns and trend persistence

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

Return windows

1W 2.6%
4W 3.2%
12W 21.0%
26W 10.4%
52W 32.8%

Trend read

Active Streak
47 weeks
52W Active Weeks
47
52W Active Breadth
90.4%
Sector Scope
ZA Real Estate
Sector Rank
11 of 37
Sector Percentile
72.2%
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
0.76
4W MD Change
32.0%
Relative Strength
13.25
4W RS Change
172.2%
Expectation
Undecided
Probability
53.23%
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
3.9M
13W Average
1.2M
52W Average
1.3M
Vs 13W
3.2x
Vs 52W
3.0x
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
5.0%
52W Volatility
3.7%
Upside Weeks
31
Downside Weeks
21
Downside Breadth
40.4%
Avg Gain / Loss
2.9% / -2.7%
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
6.9B

Opportunity signals

  • Trend Signal is active with a 47-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.
  • Volume is elevated versus the 13-week average, confirming attention.

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
5 Jun 2026 1,490 ZAC 2.6% 1,385 ZAC 1,085 ZAC 0.76 13.25 3.9M On
29 May 2026 1,452 ZAC -4.8% 1,380 ZAC 1,081 ZAC 0.67 7.43 358.5K On
22 May 2026 1,526 ZAC 0.1% 1,377 ZAC 1,077 ZAC 0.72 14.54 660.4K On
15 May 2026 1,524 ZAC 5.5% 1,370 ZAC 1,073 ZAC 0.54 13.52 714.6K On
8 May 2026 1,444 ZAC 1.7% 1,362 ZAC 1,070 ZAC 0.57 4.87 1.3M On
1 May 2026 1,420 ZAC 2.2% 1,358 ZAC 1,067 ZAC 0.51 5.74 1.1M On
24 Apr 2026 1,390 ZAC -4.9% 1,353 ZAC 1,064 ZAC 0.26 2.49 891.1K On
17 Apr 2026 1,462 ZAC -0.5% 1,346 ZAC 1,062 ZAC 0.06 3.68 1.4M On
10 Apr 2026 1,469 ZAC 9.4% 1,337 ZAC 1,059 ZAC -0.31 6.20 490.1K On
3 Apr 2026 1,343 ZAC -0.5% 1,329 ZAC 1,056 ZAC -0.72 -0.29 1.4M On
27 Mar 2026 1,350 ZAC 1.3% 1,323 ZAC 1,054 ZAC -0.78 4.00 594.9K On
20 Mar 2026 1,333 ZAC 8.3% 1,318 ZAC 1,051 ZAC -0.80 4.28 1.7M On
13 Mar 2026 1,231 ZAC -9.4% 1,313 ZAC 1,049 ZAC -0.84 -7.73 1.4M On
6 Mar 2026 1,358 ZAC -1.7% 1,312 ZAC 1,048 ZAC -0.70 0.01 783.4K On