JSE Sector Relative Change vs Top 40. Data as of end of Friday 05 April 2024
JSE Sector Ratings This data shows a sector's technical rating across multiple time frames, relative to the JSE Top 40 Index.
Technical Summary: Mid & Large Caps, as of Friday's close. Here, you are able to view which phase a share might be in. Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
Reading Time: 1 Minute On Thursday, AGL traded above R500, exceeding the R478 upside target. At current levels, the share is in a high bullish momentum phase, while also approaching an overbought range. Traders need to monitor for a deteriorating short term candle structure which could mean that the upside momentum is being lost. Failure to the previous...
JSE Technical Summary: Mid & Large Caps (EOD Tues, 02 April) THIS TABLE SHOWS A SHARE'S TECHNICAL RATING AT IT'S LAST CLOSE.
AGL note from this morning (I have also discussed several other shares for active traders). Wednesday 03 April 2024, 06h30 | AGL Anglo American Plc | Rating: High Bullish Momentum / Approaching Overbought. The share has traded into it’s declining 200-day SMA. Look for for the following: An overshoot and a failure to hold the prior session highs. This would signal...
Accenture plc is a US multinational professional services company based in Dublin, specializing in information technology services and consulting. This is my preferred setup which includes an upward trend and pullback toward the previous breakout level. I'm expecting a further consolidation before a potential resumption of the upward trend.
JSE Sector Ratings This data shows a sector's technical rating across multiple time frames, relative to the JSE Top 40 Index.
Candle Formations (Buyer/Seller Dominance) form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The share code (2) the candle's 'change from open’ (over 1 session) i.e. from the...
Technical Summary: Mid & Large Caps, as of yesterday's close. Here, you are able to view which phase a share might be in. Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
Candle Formations (Buyer/Seller Dominance) form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The share code (2) the candle's 'change from open’ (over 1 session) i.e. from the...
Technical Summary: Mid & Large Caps, as of yesterday's close. Here, you are able to view which phase a share might be in. Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
SBK - Short Term Potential Price Path (Yellow Candles) The risk at R208 was a 37% extension vs it's 200-week SMA. Now trading R184.
Candlestick Formations form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The share code (2) the candle's 'change from open’ (over 1 session) i.e. from the start of the first...
JSE Sector Ratings Multi-time frame sector ratings. Here, you are able to view which phase a sector might be in, as per the stated time frame. Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
Technical Summary: Mid & Large Caps, as of Friday's close. Here, you are able to view which phase a share might be in. Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
Wednesday 20 March 2024, 06h30 | ANG Anglogold Ashanti | This year’s highest end-of-day close for the share was on Monday 11 March at 42373c. At the end of that trading day, the Tactical Trading Guide gave you the following reading: “Strong upside move but momentum is slowing, with sellers becoming active”. During the next trading session, the share was lower by...
JSE Relative Sector Status and Change, as of yesterday’s close (Sector Rating Change Relative To The Top 40 Index) See if a sector is improving, unchanged, or weakening relative to the high time frame.