Weekly equity research · South Africa

Directional State

Find strength. See what is changing.

Screen the direction and strength of the latest completed weekly DSI reading, then check whether price agrees.

Week ending25 Sep 2026Completed weekly data
Eligible equities81Of 237 active listings checked
Positive state73%59 positive · 22 negative
Median DSI+39.8Typical eligible equity reading

The market picture · all eligible ZA equities

Where directional strength sits

One listing, one reading. The distribution shows how widely strong conditions are shared.

−100−60−20+20+60+100

5 strong negative readings · 31 strong positive readings · strong means |DSI| ≥ 50.

View distribution values
  • -100 to -80 (upper boundary excluded): 0 equities
  • -80 to -60 (upper boundary excluded): 4 equities
  • -60 to -40 (upper boundary excluded): 4 equities
  • -40 to -20 (upper boundary excluded): 3 equities
  • -20 to 0 (upper boundary excluded): 6 equities
  • 0 to 20 (upper boundary excluded): 12 equities
  • 20 to 40 (upper boundary excluded): 12 equities
  • 40 to 60 (upper boundary excluded): 18 equities
  • 60 to 80 (upper boundary excluded): 21 equities
  • 80 to 100: 1 equities

These four views highlight changing conditions. Steady, neutral and newly available readings remain in the full screen.

The screener

Explore the weekly readings

South Africa · 25 Sep 2026

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16 matching equities · 1–16 shownStrongest positive DSI · ties use 4-week change
EquityDSI / strength4-week changeCondition13-week DSIPrice & evidence
1
CPP Collins Property Group LimitedJNB · Real EstateWeekly chart ↗
+85.1Strong · Positive +8.9 ptsPrice -1.9% Strengthening12 weeks in state Fixed scale · −100 to +100 In disagreementStretched abovePartial data · elevated volatility
2
FTA Fairvest LimitedJNB · Real EstateWeekly chart ↗
+71.6Strong · Positive +14.0 ptsPrice +1.9% Strengthening11 weeks in state Fixed scale · −100 to +100 In agreementWithin usual rangePartial data · elevated volatility
3
SEA Spear Reit LimitedJNB · Real EstateWeekly chart ↗
+63.5Strong · Positive +13.5 ptsPrice -1.5% Strengthening6 weeks in state Fixed scale · −100 to +100 In disagreementWithin usual rangeFull data · elevated volatility
4
TMT Trematon Capital Investments LimitedJNB · Real EstateWeekly chart ↗
+63.3Strong · Positive +25.3 ptsPrice +7.8% Strengthening9 weeks in state Fixed scale · −100 to +100 In agreementWithin usual rangePartial data · elevated volatility
5
OAS Oasis Crescent Property FundJNB · Real EstateWeekly chart ↗
+63.1Strong · Positive +16.5 ptsPrice 0.0% Strengthening10 weeks in state Fixed scale · −100 to +100 MixedWithin usual rangePartial data · typical volatility
6
SHC Shaftesbury Capital PLCJNB · Real EstateWeekly chart ↗
+59.8Strong · Positive -2.0 ptsPrice -6.0% Steady12 weeks in state Fixed scale · −100 to +100 In disagreementStretched aboveFull data · elevated volatility
7
PPR Putprop LimitedJNB · Real EstateWeekly chart ↗
+59.0Strong · Positive +13.7 ptsPrice -21.1% Strengthening7 weeks in state Fixed scale · −100 to +100 In disagreementWithin usual rangePartial data · typical volatility
8
EMI Emira Property Fund LimitedJNB · Real EstateWeekly chart ↗
+57.4Strong · Positive +36.7 ptsPrice +5.0% Strengthening10 weeks in state Fixed scale · −100 to +100 In agreementWithin usual rangeFull data · elevated volatility
9
TEX Texton Property Fund LimitedJNB · Real EstateWeekly chart ↗
+27.6Moderate · Positive -2.8 ptsPrice -15.3% Steady10 weeks in state Fixed scale · −100 to +100 In disagreementWithin usual rangePartial data · elevated volatility
10
SRE Sirius Real Estate LimitedJNB · Real EstateWeekly chart ↗
+25.1Moderate · Positive +8.9 ptsPrice -9.7% Strengthening9 weeks in state Fixed scale · −100 to +100 In disagreementWithin usual rangeFull data · elevated volatility
11
SCD Schroder European Real Estate Investment Trust PlcJNB · Real EstateWeekly chart ↗
+14.0Light · Positive +13.2 ptsPrice 0.0% Strengthening78 weeks in state Fixed scale · −100 to +100 MixedWithin usual rangePartial data · typical volatility
12
PHP Primary Health Prop PLCJNB · Real EstateWeekly chart ↗
+13.2Light · Positive -5.4 ptsPrice -6.9% Weakening6 weeks in state Fixed scale · −100 to +100 In disagreementWithin usual rangeFull data · elevated volatility
13
DLT Delta Property Fund LimitedJNB · Real EstateWeekly chart ↗
-12.9Light · Negative -42.5 ptsPrice -12.5% Deteriorating1 week in state Fixed scale · −100 to +100 In agreementWithin usual rangePartial data · quiet volatility
14
VIS Visual International Holdings LimitedJNB · Real EstateWeekly chart ↗
-16.8Light · Negative -1.1 ptsPrice 0.0% Steady21 weeks in state Fixed scale · −100 to +100 MixedWithin usual rangePartial data · quiet volatility
15
NRL Newpark REIT LimitedJNB · Real EstateWeekly chart ↗
-48.3Moderate · Negative -15.8 ptsPrice 0.0% Deteriorating5 weeks in state Fixed scale · −100 to +100 MixedWithin usual rangePartial data · typical volatility
16
APF Accelerate Property Fund LimitedJNB · Real EstateWeekly chart ↗
-72.4Strong · Negative -1.9 ptsPrice -9.1% Steady20 weeks in state Fixed scale · −100 to +100 In agreementWithin usual rangePartial data · typical volatility

Reading the screen

Direction, strength and change answer different questions

Direction & strength

DSI is a signed reading from −100 to +100. Strength is its absolute value: strong ≥50, moderate 25–49.9, light 10–24.9, balanced below 10. Near zero, the established direction is retained until the opposite ±10 boundary is reached.

Change & price agreement

Four-week change is measured in DSI points, never percent. A negative reading can improve before turning positive. Price agrees when its four-week return follows the established direction; moves smaller than 0.5% are mixed.

How the ranking works

The default orders signed DSI from highest to lowest, then four-week change. Strongest in either direction orders by distance from zero. Change sorts place unavailable comparisons last. These describe conditions, not validated trading signals or probabilities.

Weekly coverage

Active equity listings with sufficient continuous history and a current reading are included. At least 52 completed observations are needed; gaps and unresolved splits restart the calculation. Partial data is labelled, not treated as full evidence. Country is the listing market.

Publication and data coverage

237 active equity listings checked; 81 eligible, including 49 with partial data. Excluded: 0 without history, 0 without current completed data, and 156 with insufficient continuous history or supporting evidence. Known full-week exchange closures are allowed. Cross-listings are separate listings.

Published 28 Sep 2026, 00:03 BST. Saved results refresh after the weekly rebuild. DSI remains a research prototype; a strong reading can coincide with a stretched price.

Evidence context