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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...

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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.

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JSE Relative Sector Ratings, as of yesterday’s close (Sector Rating Relative To The Top 40 Index) See in which phase a sector is in according to the time frame.

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JSE Technical Summary: End of Day Monday 18-March-2024 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.

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JSE Sectors vs Moving Averages, as of Friday afternoon: vs 8-EMA vs 21-EMA vs 50-EMA vs 200-SMA

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JSE Technical Summary: End of Day Friday 15-March-2024 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.

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Hochtief AG is a German construction company based in Essen, North Rhine-Westphalia, Germany. Hochtief is Germany's largest construction company and operates globally, ranking as one of the largest general construction companies in the United States through its Turner subsidiary, and in Australia through a 90% shareholding in CIMIC Group. Screener buy/long candidate.

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JSE Technical Summary: End of Day Thursday 14-March-2024 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.

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CFR Richemont | Medium Term = High bullish momentum/approaching overbought + approaching unfilled gap. Also note, relative to the Top 40 Index, the share is trading 19% above it’s 200-day SMA. There is however a negative divergence as the previous relative high saw the share trading 32% above it’s 200-day SMA.

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Oracle Corp. shares posted their biggest gain in more than two years. (Original Idea Attached)

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HOW TO USE THE RELATIVE SECTOR REGIMES: JSE Technology as an example. This data set is published daily and shows how a sector is performing compared to the broader market (using JSE Top 40 Index as a proxy). Toward the latter part of last week, NPN and PRX (JSE Technology) was trading in an oversold range versus the Top 40 Index. This can be seen with indicator...

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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...

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JSE Technical Summary: End of Day Thursday 07-March-2024 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.

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06h30 | JSE Relative Sector Ratings, as of Friday’s close (Sector Relative To The Top 40 Index). Sectors include: Tech Miners Banks Insurers Hospital Groups

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06h30 | JSE Sectors vs Moving Averages, as of Friday afternoon Sectors vs their 8, 21 and 50-EMAs as well as their 200-SMA's. Also highlighted is the status (Leading, Lagging, Weakening or Improving)

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Market Dashboard as of Friday's close. Gain a quick snapshot of the broader market dynamics as well as the regimes for the Top 40.

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8411 (Mizuho Financial Group) - Strong Upside Follow-Through The green shaded area represents the post-idea price development. The original idea is attached.

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An overbought rating often overlaps with high bullish momentum however the long-side reward-to-risk can be unappealing. How can traders approach these shares and how can it lead to a trading opportunity? The bullish price momentum could continue, however traders may want to look for early signs of a slowdown via: (1) poor candle candle structure on the lower...