JSE & NYSE Shares Analysis 13 - 17 July 2026

JSE SHARES

Basic Materials

Impala Platinum Holdings Ltd. (IMP): Impala Platinum is in the business of mining, refining, and marketing platinum group metals. Its products include platinum, palladium, rhodium, ruthenium, iridium, gold, and silver, as well as base metals such as nickel, copper, cobalt, and chrome.

A double bottom appears to be forming, with the neckline at R185.50. A bullish relative strength index (RSI) divergence, with price printing a lower low while the RSI made a higher low, suggests downside momentum is fading. A close above R185.50 would confirm the pattern. Failure to break the neckline keeps the downtrend intact.

A potential Buy/Long idea can be initiated once it closes above the neckline, with the target set at R205.72 and stop loss at R174.68.  

Consumer Services

Motus Holdings Ltd. (MTH): Motus provides motor vehicle services.

The price remains below the 200-day simple moving average (SMA), keeping the longer-term trend firmly in bearish hands. Following a bearish engulfing candle, the Bollinger Bands (BB) have contracted, a volatility squeeze that typically precedes a strong directional move, and with trend and momentum both negative, the odds favour a break lower. The moving average convergence divergence (MACD) bearish crossunder confirms downside momentum is building.

A speculative Sell/Short idea can be initiated, with the target set at R93.53 and stop loss at R115.77.

Industrials

The Bidvest Group Ltd. (BVT): Bidvest is an investment holding company with subsidiaries operating in the services, trading, and distribution industries.

The share continues to trade within an ascending channel and is currently testing the channel's lower trendline, which coincides with the 200-day SMA, a confluence of support that strengthens the case for a bounce. The MACD is on the verge of a bullish crossover, hinting that momentum is turning higher from this zone. A rebound here would target the upper channel trendline, while a decisive close below the 200-day SMA would invalidate the setup and signal a deeper correction.

A potential Buy/Long idea can be initiated once it closes above the neckline, with the target set at R205.72 and stop loss at R174.68.

US STOCKS

Energy

CVR Energy, Inc. (CVI): CVR Energy refines petroleum.

The share closed above the 200-day SMA while simultaneously reclaiming the 50-day SMA, a decisive move that clears both key trend barriers in a single session. The close came above the upper BB as the bands expanded, signalling rising volatility in the direction of the breakout and strong bullish momentum.

A potential Buy/Long idea can be initiated with the target set at $37.26 and the stop loss at $31.35.

Materials

Dow, Inc. (DOW): Dow develops innovative solutions. It operates through packaging and speciality plastics, industrial intermediates and infrastructure, and performance materials and coatings.

After successfully testing support in the $27 region, the share closed above its 200-day SMA, a constructive signal that the recovery off support is gaining traction. The MACD's bullish crossover confirms that upside momentum is building.

A potential Buy/Long idea can be initiated with the target set at $37.30 and the stop loss at $26.93.

Consumer Discretionary

Genuine Parts Co. (GPC): Genuine Parts distributes automotive and industrial replacement parts.

A bearish engulfing candle formed in the previous session, immediately after the break above the 200-day SMA, an early warning that the breakout may not be sustained. Adding weight to this, the RSI has crossed back below the overbought level of 70, indicating that the momentum behind the move is fading.

A speculative Sell/Short idea can be initiated, with the target set at $98.38 and stop loss at $134.44.

Disclaimer:
*Any opinions, views, analysis, or other information provided in this article is provided by BROKSTOCK SA trading as BROKSTOCK as general market commentary and should not be viewed as advice according to the FAIS Act of 2002. BROKSTOCK SA does not warrant the correctness, accuracy, timeliness, reliability, or completeness of any information provided by third parties. You must rely upon your judgement in all aspects of your investment decisions, and all decisions are made at your own risk. BROKSTOCK SA and any of its employees shall not be responsible for and will not accept any liability for any direct or indirect loss, including, without limitation, any loss of profit which may arise directly or indirectly from the use of the market commentary. The content contained within the article is subject to change at any time without notice. BROKSTOCK SA is an authorised financial services provider - FSP No. 51404. T&Cs and Disclaimers are applicable: https://brokstock.co.za/
** This article was prepared by BROKSTOCK analyst Maboko Seabi