$JSESBK - Standard Bank: Creeping Along But Losing MomentumSee link below for previous analysis.
The best way to describe the ascent from the May 2020 low is creepy-crawling.
SBK stock has been steady with price well supported by the mid-sloping trendline.
As price has continued making higher highs, the MACD has made lower highs giving a bearish divergen