🖥️Technical Screen: Momentum Regime via Daily Time Frame

Research: November 2026 > https://www.unum.capital/post/rnov2026

Date/Time: Monday, 02 November 2026 (Pre-Market)

Daily Time Frame

• OVERBOUGHT 🟥: BTI, EXP, PIK, SRE, TKG

  • Interpretation: This indicates that the asset (for e.g. a stock, index or currency) has experienced a significant price increase in a short period, leading to a potential overvaluation.   

  • Trading Implications: Traders might consider closing existing buy/long positions, or consider starting a sell/short position, with the expectation of the start of a top, followed by a bearish reversal.   

    
    

• HIGH BULLISH MOMENTUM / APPROACHING OVERBOUGHT

• 🟠: BID, BOX, CCD, EXX, JSE, SNT, SUI

  • Interpretation: The asset is in a strong uptrend with high buying pressure, but it's approaching the overbought zone.   

  • Trading Implications: Traders might consider taking profits on existing long positions or exercising caution, as the asset might be nearing a potential reversal.   

    
    

• STRONG 🟦: AEL, AFT, BLU, CPI, DSY, FFB, FTB, HMN, INL, INP, LTE, MRP, MTN, OCE, OMU, PHP, PWR, QLT, RBX, RDF, REM, RNI, SEA, SHC, SHP, SOL, SOLBE1, SPP, SRI, TRU, VKE, VOD, WBO

  • Interpretation: The asset is in a clear uptrend with positive momentum, but not yet in the overbought territory.   

  • Trading Implications: This is generally a favorable zone for long positions (buying the asset). 

• NEUTRAL⬜: ABG, AFH, ANH, APN, ARL, ATT, AVI, BAT, BTN, BVT, BYI, CFR, DIB, EMI, EQU, FSR, FTA, GND, HCI, KRO, KST, LHC, LSK, MNP, MSP, MTH, MTM, N91, NRP, NTC, NY1, OMN, OPA, OUT, PMR, PPC, PPH, PRX, RCL, RES, SAC, SAP, SBK, SBP, SPG, SSS, SSU, TBS, TFG, TGA, TSG, WBC, WHL, WVR

  • Interpretation: The asset's price is relatively stable with no strong bullish or bearish signals.   

  • Trading Implications: Traders might wait for clearer signals to form before taking a position.

• WEAK 🟨: ADH, AFE, AGL, ARI, BHG, CAA, CLS, CNP, DRD, DTC, FBR, GCT, GRT, HYP, ITE, KIO, MKR, NED, NPH, NPN, RLO, S32, SDO, SYG

  • Interpretation: The asset is in a downtrend with negative momentum.   

  • Trading Implications: Traders might consider shorting the asset or avoiding long positions. 

• HIGH BEARISH MOMENTUM / APPROACHING OVERSOLD 🔵: ANG, APH, GFI, GLN, HAR, IMP, ISO, PAN, SSW, VAL

  • Interpretation: The asset is in a strong downtrend with high selling pressure, but it's approaching the oversold zone.   

  • Trading Implications: Traders might consider shorting the asset on rallies, with the view that the trend lower continues or consider starting an initial buy/ong position with the expectation of a potential base and bullish reversal. 

• OVERSOLD 🟩: CML, DCP, KAP, THA

  • Interpretation: The asset has experienced a significant price decline in a short period, leading to a potential technical undervaluation.   

  • Trading Implications: Traders might consider closing existing sell/short positions, or consider starting a buy/long position, with the expectation of the start of a base, followed by a bullish reversal.