LSE Equity Snapshot

TGA Weekly Equity Report

Thungela Resources Limited

Latest Close 607.0 GBP 12 Jun 2026
1W Return -12.0% latest completed week
4W Return 4.5% short-term follow-through
12W Return -23.9% quarterly tape
Trend Breadth 48.1% 25 of 52 weeks active
Volume Ratio 0.7x vs 13-week average
Company Brief

What the company does

Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia. It owns interests in and produces its thermal coal from mining operations, consisting of underground and open cast mines in the Mpumalanga province of South Africa, including Greenside colliery, Khwezela colliery, Zibulo colliery, Mafube colliery, and Annea colliery. The company also holds 100% of the Ensham Mine located in Queensland, Australia. It also exports its products to Southeast Asian, the Middle East, and African markets. Thungela Resources Limited was founded in 1945 and is based in Johannesburg, South …

Snapshot

What the weekly tape is saying

TGA closed the latest completed week at 607.0 GBP. The 4-week return is 4.5% and the 12-week return is -23.9%. Trend Signal is active, Market Dynamics is -0.61. Setup signature: Balanced read with a 47/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 9.5%
Volume 0.7x
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 71 Persistence of active Trend Signal over the last year and current streak.
Momentum 39 Blend of 4-week and 12-week follow-through.
Dynamics 34 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 100 Relative leadership and short-term RS change.
Volume 29 Participation compared with the 13-week volume baseline.
Risk Control 8 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
554.2 GBP
Vs Trend Line
9.5%
Fair Value
519.9 GBP
Vs Fair Value
16.8%
52W High
817.9 GBP
52W Low
318.0 GBP
Drawdown
-25.8%
Range Position
57.8%
Momentum

Returns and trend persistence

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

Return windows

1W -12.0%
4W 4.5%
12W -23.9%
26W 40.9%
52W 67.3%

Trend read

Active Streak
25 weeks
52W Active Weeks
25
52W Active Breadth
48.1%
Sector Scope
GB Energy
Sector Rank
88 of 94
Sector Percentile
6.5%
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
-0.61
4W MD Change
-66.2%
Relative Strength
19.78
4W RS Change
-7.7%
Expectation
Undecided
Probability
53.77%
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
1.1M
13W Average
1.6M
52W Average
1.4M
Vs 13W
0.7x
Vs 52W
0.8x
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
8.8%
52W Volatility
8.1%
Upside Weeks
27
Downside Weeks
24
Downside Breadth
46.2%
Avg Gain / Loss
7.1% / -5.1%
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
LSE
Country
GB
Sector
Energy
Industry
Thermal Coal
Currency
GBP
Market Cap
827.3M

Opportunity signals

  • Trend Signal is active with a 25-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.
  • The share remains more than 20% below its 52-week high.
  • The latest week was a sharp negative move.
  • Latest weekly return ranks in the weaker part of its sector group.

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 607.0 GBP -12.0% 554.2 GBP 519.9 GBP -0.61 19.78 1.1M On
5 Jun 2026 690.0 GBP 6.2% 545.6 GBP 520.3 GBP -0.56 38.45 776.9K On
29 May 2026 650.0 GBP 6.7% 534.4 GBP 519.7 GBP -0.57 31.19 1.0M On
22 May 2026 609.0 GBP 4.8% 524.0 GBP 519.1 GBP -0.47 23.21 1.5M On
15 May 2026 581.0 GBP -5.4% 514.8 GBP 518.9 GBP -0.37 21.43 724.4K On
8 May 2026 614.0 GBP -4.8% 507.1 GBP 519.1 GBP -0.18 28.70 735.1K On
1 May 2026 645.0 GBP 7.9% 498.7 GBP 519.6 GBP 0.13 34.53 1.1M On
24 Apr 2026 598.0 GBP 7.2% 489.8 GBP 520.0 GBP 0.53 25.47 1.1M On
17 Apr 2026 558.0 GBP -17.9% 482.4 GBP 520.9 GBP 0.94 14.50 2.2M On
10 Apr 2026 679.9 GBP -9.7% 476.0 GBP 522.3 GBP 1.37 40.56 1.7M On
3 Apr 2026 752.9 GBP 3.3% 465.7 GBP 523.6 GBP 1.62 59.21 1.7M On
27 Mar 2026 728.9 GBP -8.6% 454.1 GBP 524.3 GBP 1.70 63.04 3.3M On
20 Mar 2026 797.9 GBP 9.6% 442.8 GBP 525.5 GBP 1.64 81.00 3.5M On
13 Mar 2026 727.9 GBP 4.6% 429.6 GBP 526.0 GBP 1.43 61.43 4.6M On