- No strong opportunity cluster is confirmed yet; monitor trend and activity pressure.
TGA
JNB
Week ended 07 Aug 2026
Weekly Investor Report
Thungela Resources Limited · Energy · Thermal Coal
Latest close
96.48 ZAC
-4.7%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is -98.9% below the Trend Line and sits at 0.0% of its 52-week range. The latest completed week returned -4.7%, after a 0.4% four-week move. The latest news-sentiment score is 46/100. Near-term considerations: volume confirmation is below normal.
Setup score
24
out of 100
Latest Close
96.48 ZAC
7 Aug 2026
1W Return
-4.7%
latest completed week
4W Return
0.4%
short-term follow-through
12W Return
-99.3%
quarterly tape
Trend Breadth
40.4%
21 of 52 weeks active
Volume Ratio
0.9x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Activity pressure is negative, which weakens the current setup.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
-4.7%
Latest completed week; four-week move 0.4%.
Indicator stack
22/33
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
News sentiment
46/100
19 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is -98.9% below the Trend Line and sits at 0.0% of its 52-week range. The latest completed week returned -4.7%, after a 0.4% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 0.9x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
13 Feb
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
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.1812-week average 0.43
12-week confirmation
Trend active2/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership2/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.18Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 0.4% over four weeks, -99.3% over 12 weeks, and -99.0% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year21
Trend breadth40.4%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-1.06Latest activity-pressure read.
Pressure change31.9%Four-week change in activity pressure.
Leadership-98.95Latest relative-leadership reading.
RS change0.0%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
A published fundamentals and factor snapshot is not available for this company.
No published fundamental snapshot is available for this company.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment46/100
Weighted news tone is neutral across 19 relevant articles.
1 positive · 12 neutral · 6 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-99.5%Distance below the 52-week high.
13-week volatility26.7%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher13 of 2613 weeks finished lower.
Best week+39.6%Week of 6 Mar.
Worst week-98.9%Week of 5 Jun.
Latest week-4.7%Week of 7 Aug.
Shape of recent returns
Strong gains9
Modest gains4
Flat weeks0
Modest losses1
Sharp losses12
Recent vol26.7%13-week weekly-return volatility.
Base vol16.3%52-week weekly-return volatility.
Up/down split27/25Count of positive and negative weeks in the 52-week window.
Average skew6.5% / -10.3%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorZA Energy
4-week rank4 / 5
Group average4.9%
Trend breadth40.0%
Trend40.0%active weekly trend signals
MD40.0%positive activity pressure
RS20.0%positive relative leadership
Four-week leaders
IndustryZA Thermal Coal
4-week rank4 / 4
Group average11.1%
Trend breadth25.0%
Trend25.0%active weekly trend signals
MD25.0%positive activity pressure
RS25.0%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape27/100
Trend, activity pressure, participation, and risk combine to a 27/100 tape read.
Indicator analysis19/100Latest 12-week confirmation: trend 2/12, activity pressure 0/12, relative leadership 2/12.
Activity pressure 0.18; No reversal markers Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment46/100Weighted news tone is neutral across 19 relevant articles.
Thungela Resources Limited Revenue Breakdown – JSE:TGA Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 96.48 ZAC | -4.7% | 8,952 ZAC | 11,225 ZAC | -1.06 | -98.95 | 1.7M | Off |
| 31 Jul 2026 | 101.2 ZAC | -5.8% | 9,299 ZAC | 11,313 ZAC | -1.10 | -98.87 | 2.5M | Off |
| 24 Jul 2026 | 107.4 ZAC | 5.8% | 9,618 ZAC | 11,394 ZAC | -1.25 | -98.80 | 2.8M | Off |
| 17 Jul 2026 | 101.5 ZAC | 5.6% | 9,934 ZAC | 11,479 ZAC | -1.40 | -98.89 | 4.0M | Off |
| 10 Jul 2026 | 96.10 ZAC | 3.9% | 10,283 ZAC | 11,564 ZAC | -1.56 | -98.98 | 3.1M | Off |
| 3 Jul 2026 | 92.50 ZAC | -6.4% | 10,612 ZAC | 11,649 ZAC | -1.69 | -99.05 | 305.3K | Off |
| 26 Jun 2026 | 98.87 ZAC | -20.4% | 10,912 ZAC | 11,738 ZAC | -1.73 | -98.99 | 692.9K | Off |
| 19 Jun 2026 | 124.2 ZAC | -7.0% | 11,179 ZAC | 11,832 ZAC | -1.45 | -98.79 | 693.7K | Off |
| 12 Jun 2026 | 133.7 ZAC | -12.9% | 11,429 ZAC | 11,917 ZAC | -1.20 | -98.72 | 573.0K | Off |
| 5 Jun 2026 | 153.5 ZAC | -98.9% | 11,681 ZAC | 12,020 ZAC | -0.94 | -98.54 | 698.2K | Off |
| 29 May 2026 | 14,334 ZAC | 6.6% | 11,945 ZAC | 12,108 ZAC | -0.57 | 30.15 | 2.3M | On |
| 22 May 2026 | 13,450 ZAC | 4.1% | 11,722 ZAC | 12,102 ZAC | -0.46 | 24.36 | 2.4M | On |
| 15 May 2026 | 12,923 ZAC | -6.2% | 11,526 ZAC | 12,108 ZAC | -0.28 | 18.67 | 1.5M | On |
| 8 May 2026 | 13,776 ZAC | -5.2% | 11,366 ZAC | 12,122 ZAC | -0.05 | 23.45 | 3.7M | On |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.