SLM Sanlam & Sanlam vs Top 40 | On an absolute basis, Sanlam is trading just below multi-year highs, however, having traded in a tight range for several weeks. This is a healthy technical development. On a relative basis, the share is trading near 52-week highs versus the broader markets (Top 40 as a proxy). Also note yesterday's elevated volume. This is a potential swing buy/long (continuation) trade setup.