Sasol underperfomace to US oil stocks

JSESOL has underperformed XLE (US oil stocks ETF) massivley over the last year.
There have been good reasons for this, amoungst others, loadshedding and FX hedging losses.
I'm not bullish on Sasol's management given their poor track record, however this divergance appears overdone and could return to the mean on the recent oil price strength.
Chart PatternsTrend Analysis

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