Subject to change as the price action develops. Below is the data as of Friday's close.
Previous Post (10-Dec-2024): JSE Banks Are Overbought On A Relative Basis. Consider Rotating Out.
CHART: JSE Banks Relative To JSE Top 40 Index
Previous Post: Monday 02 December 2024 (Pre-Market)
This chart is available to NON-CLIENTS of Unum Capital.
Specifically, if you are:
New to financial markets and looking to start your trading journey.
An experienced trader, but looking to elevate your trading.
Interested in an ACTIVE TRADING approach.
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Should you you fit into any of the above categories, we would love a few minutes of your time to be able to further explain why you should consider Unum Capital your trading partner.
To access, e-mail your name and contact details to lester@unum.co.za
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Key Features of Chart:
Trading at the upper boundary of a multi-year rising channel
Technical Regime: Medium term (Weekly Chart) = High Bullish Momentum / Approaching Overbought
RANKED & RECOGNIZED: Unum Research Attains 3rd Place In The 2024 Securities Broker Awards
In September 2024, Unum Research was recognized for it's capabilities. Among well-respected boutiques and ahead of household giants such as FNB and Nedbank, the unit attained 3rd place for the period under review. Commenting on the award, Analyst: Lester Davids remarked: "The award speaks to the high quality of output being recognized by our valued clients as well as the consistency of insights and actionable opportunities that has been delivered over the past 8 years."
Lester Davids
Analyst: Unum Capital
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