Trading JSE Banks: Recent Money-Making Opportunities

Research Notes March 2026 > https://www.unum.capital/post/rmar2026

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Recently, we highlighted trading opportunities in 4 JSE Banks as well as publishing on the JSE Banks Index itself.

Banks Index Warning (20-February) > https://www.unum.capital/post/banks2002

Banks Momentum Dashboard Warning: A.I Generated (27-Feb) > https://www.unum.capital/post/banks2702

Absa Group: Note Published 22 February - looked for a spike to trigger medium term overbought conditions. The share declined by 17% to it's recent lows. Original Note Published Here > https://www.unum.capital/post/abg2302

Standard Bank Group: Note Published 16 February - looked for a spike to trigger medium term overbought conditions. The share declined by 12% to it's recent lows. Original Note Published Here > https://www.unum.capital/post/sbk1602

Capitec Bank: Note Published 11 February - was approaching structural resistance. The share declined by over 15% to it's recent lows. Original Note Published Here > https://www.unum.capital/post/cpi1102

Nedbank Group: Note Published 26 February - at the time, a 'temperature check' via the price action model highlighted the poor buy/long reward-to-risk. The share declined by over 17% to it's recent lows. The original price action model and updated chart is shown below:

Note the 5 to 8 week reading where the probability was for a consolidation or minor retracement. Also note the warning via the 2 to 4 week reading: "Would not enter a buy/long. The reward-to-risk is unattractive".

Original Note Published Here > https://www.unum.capital/post/ned2602

If you are keen to know where the next-best buy or sell re-entry ranges are, open an account today.

Lester Davids

Senior Investment Analyst: Unum Capital