🖥️Technical Screen: Momentum Regime via Weekly Time Frame

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

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

Weekly Time Frame

• OVERBOUGHT 🟥: AFT, EXP, PIK, SOLBE1

  • 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 exisiting 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, LHC, SHP, SNT, SOL

  • 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 🟦: ADH, AEL, AFH, APN, ATT, BTI, BVT, BYI, DSY, EQU, GND, JSE, KRO, LTE, MRP, OCE, OMN, OMU, OUT, PHP, PPC, RBX, RDF, REM, RNI, SEA, SHC, SPP, SRE, SRI, TKG, VKE, VOD

  • 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, ANH, ARL, BAT, BLU, BTN, CCD, CLS, CPI, DIB, EMI, EXX, FFB, FSR, FTA, FTB, GCT, HCI, HMN, HYP, INL, INP, KST, LSK, MKR, MTH, MTM, MTN, N91, NED, NRP, NTC, OPA, PMR, PWR, QLT, RCL, RES, SBP, SDO, SLM, SSS, SSU, SUI, SYG, TBS, TGA, TRU, TSG, WBO, 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 🟨: AGL, ANG, APH, AVI, BHG, CAA, CFR, CNP, DRD, DTC, FBR, GFI, GLN, GRT, HAR, ITE, KAP, MNP, MSP, NPN, NY1, PAN, PPH, PRX, RLO, S32, SAC, SAP, SBK, SPG, TFG, WBC, WHL

  • 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 🔵: AFE, ARI, CML, DCP, IMP, NPH, SSW, THA, 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/long position with the expectation of a potential base and bullish reversal.

• OVERSOLD 🟩: ISO, KIO

  • 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.