TGB (Trekor Metals) – Best equity play on steel/iron ore strength
SOC (Sable Offshore) – Best equity play on oil strength
GAU (Galiano Gold) – Best gold-related equity opportunity
Disclaimer: This analysis is based on historical technical data and should not be considered financial advice. Always conduct thorough fundamental analysis and consult with a qualified financial advisor before making investment decisions.
TGB (Trekor Metals) – Best equity play on steel/iron ore strength
SOC (Sable Offshore) – Best equity play on oil strength
GAU (Galiano Gold) – Best gold-related equity opportunity
Disclaimer: This analysis is based on historical technical data and should not be considered financial advice. Always conduct thorough fundamental analysis and consult with a qualified financial advisor before making investment decisions.
Long/Medium/Short Term Level (0–100): position within each timeframe’s trading range. Near 100 = pressing highs on that horizon; near 0 = pressing lows.
Momentum: rate of change/acceleration — positive means the move is still gaining speed, negative means it’s accelerating lower.
Trend play: all three levels aligned with momentum confirming — an established, continuing move.
Reversal play: short-term level has flipped hard against the long-term level, with momentum sizeable enough to matter.
Sectors are ranked by the % of constituents flashing a signal, so a large sector isn’t automatically ranked ahead of a small one just on raw count. Sectors with only 1–2 members are flagged as small-sample.
🟢 BUY SIDE — sectors ranked by bullish signal strength
1. Software and Computer Services — dominant bullish sector (52% of names on a buy signal)
By far the widest, deepest bullish sector in the file: 9 trend buys and 3 reversal buys out of 23 names.
Ticker
Name
LT
MT
ST
Momentum
Play
CRWD
CrowdStrike Holdings
95.3
88.0
86.5
+23.85
Trend buy — strongest, most fully-aligned momentum reading in the entire file
FTNT
Fortinet Inc
94.6
82.9
77.8
+12.02
Trend buy — cybersecurity strength confirming CRWD, not a one-off
PANW
Palo Alto Networks
91.5
76.2
82.3
+11.39
Trend buy — third cybersecurity name in the top four momentum readings
PLTR
Palantir Technologies
86.4
95.0
89.5
+6.01
Trend buy — near-max across all three horizons
SNPS
Synopsys Inc
43.3
70.5
67.4
+13.34
Reversal buy — long-term still base-building but medium/short term have already turned decisively, second-highest momentum in the file
ZS
Zscaler Inc
32.7
88.1
87.0
+8.97
Reversal buy — sharpest long-term-to-short-term gap of the reversal group
CDNS
Cadence Design Systems
49.9
74.0
75.5
+6.12
Reversal buy
Reason: This isn’t a couple of stocks running hot — it’s the largest sector in the file (23 names) with more than half flashing a bullish signal, split cleanly between an established mega-cap security/software trend cohort (CRWD, FTNT, PANW, PLTR, MSFT) and a fresh reversal cohort (SNPS, ZS, CDNS) turning up from long-term bases. That combination — breadth plus multiple stages of the move represented — is the strongest read of any sector across all three exchanges screened so far.
2. Technology Hardware and Equipment — broad sector, smaller hit rate but real reversal setups
Ticker
Name
LT
MT
ST
Momentum
Play
MU
Micron Technology
70.9
71.2
68.8
+1.42
Trend buy — only fully-aligned name in a 20-stock sector
AVGO
Broadcom Inc
38.8
73.4
73.5
+4.47
Reversal buy — long-term still lagging but medium/short term have already broken to the top of their range
QCOM
Qualcomm Inc
32.9
79.0
84.4
+4.27
Reversal buy — near-identical setup to AVGO
Reason: Only 15% of this sector qualifies, but it’s a 20-name sector, so the signal has real weight, and AVGO/QCOM share an almost identical reversal fingerprint (weak long-term, strong medium/short-term, positive momentum) — that kind of repeated pattern across two large-cap semis is a more convincing tell than a single isolated reading.
3. Oil, Gas and Coal — small sample (only 2 names in this sector)
Ticker
Name
LT
MT
ST
Momentum
Play
BKR
Baker Hughes Co
71.6
76.1
79.5
+1.91
Trend buy
Reason: Flagged separately because the 50% “hit rate” is really just 1 of 2 names — treat as a single-stock idea, not sector conviction.
4. Retailers
Ticker
Name
LT
MT
ST
Momentum
Play
DASH
DoorDash Inc
95.0
87.0
70.1
+0.64
Trend buy — near-max on long/medium term
Reason: Only qualifying name out of 7 in the sector; momentum is positive but modest, so this is a continuation trade rather than an accelerating one — see the sell side below, where this same sector also holds two breakdowns (PDD, ROST).
🔴 SELL SIDE — sectors ranked by bearish signal strength
1. Retailers — split sector, two distinct breakdown types
Ticker
Name
LT
MT
ST
Momentum
Play
ROST
Ross Stores Inc
71.3
8.4
10.7
-4.96
Reversal sell — was a long-term leader, medium/short term have both collapsed
PDD
Pinduoduo Inc ADR
19.2
9.3
17.9
-3.57
Trend sell — already broken down across all three horizons
Reason: Ranked first on the sell side because it’s the largest sector (7 names) showing bearish signals, and ROST specifically is one of the sharpest reversals in the file — a stock that was structurally strong (71.3 long-term) now sitting near the bottom of both shorter-term ranges.
2. Travel and Leisure
Ticker
Name
LT
MT
ST
Momentum
Play
BKNG
Booking Holdings Inc
73.9
66.5
13.5
-5.04
Reversal sell — sharpest momentum break of the sell-side group
Reason: Long and medium-term levels were both still strong (73.9/66.5) right up until the short-term collapse to 13.5 — a fast, high-conviction reversal rather than a slow fade.
3. Beverages
Ticker
Name
LT
MT
ST
Momentum
Play
MNST
Monster Beverage Corp
75.0
33.8
9.3
-4.93
Reversal sell — long-term strength has fully unwound
Reason: One of the widest long-term-to-short-term gaps on the sell side (75.0 → 9.3), with momentum among the most negative in the file.
Trend sell — the single worst reading (all three levels) in the entire file
AXON
Aerospace and Defense
75.0
55.8
15.7
-2.54
Reversal sell
PCAR
Industrial Engineering
68.0
5.2
8.7
-3.72
Reversal sell
MDLZ
Personal Care, Drug and Grocery Stores
71.3
37.3
16.7
-3.04
Reversal sell
AMGN
Pharmaceuticals, Biotech & Cannabis
88.2
67.2
15.0
-2.84
Reversal sell
Reason: Each of these is the only name in its sector, so there’s no sector-wide conviction to lean on — but FER’s readings are the single worst in the file on every metric, and AMGN/PCAR/MDLZ all show the same “strong long-term, collapsed short-term” reversal fingerprint seen in the ranked sectors above.
Bottom line
Best trend buys: CRWD, FTNT, PANW (Software) — CRWD’s momentum (+23.85) is the standout in the entire file
Best reversal buys: SNPS, ZS (Software); AVGO, QCOM (Semiconductors) — same weak-long/strong-short fingerprint repeated across two large sectors
Best trend sell: FER (Construction & Materials) — worst reading in the file; PDD (Retailers)
This is a mechanical reading of the trend/momentum levels — no fundamentals, valuation, or news context were considered, so treat it as a screening starting point rather than a standalone recommendation.
Universe: all 30 constituents in the file (a mega-cap blue-chip list, so most sectors here contain just 1–3 names rather than the deep sector pools — ranking is by signal quality/strength per sector, not by % of names hit).
Reading the data
Long/Medium/Short Term Level (0–100): position within each timeframe’s trading range. Near 100 = pressing highs on that horizon; near 0 = pressing lows.
Momentum: rate of change/acceleration — positive means the move is still gaining speed, negative means it’s accelerating lower.
Trend play: all three levels aligned with momentum confirming — an established, continuing move.
Reversal play: the short-term level has flipped hard against the long-term level, with momentum sizeable enough to matter.
🟢 BUY SIDE — sectors ranked by bullish signal strength
1. Software and Computer Services — clear #1 bullish sector
Ticker
Name
LT
MT
ST
Momentum
Play
CRM
Salesforce.com Inc
90.0
90.6
89.9
+23.27
Trend buy — the strongest, most fully-aligned reading in the entire file by a wide margin
MSFT
Microsoft Corp
95.6
92.9
78.8
+4.37
Trend buy — near-maximal on long and medium term, momentum still expanding
IBM
IBM Corp
26.6
82.7
48.2
+1.42
No qualifying signal — medium-term strength hasn’t been confirmed by long or short term; watch rather than trade
Reason: Two of the three names in this sector are outright trend buys, and CRM’s momentum reading (+23.27) is roughly 4x the next-highest positive momentum in the file — this is the single most convicted bullish move on the list, with MSFT confirming the sector isn’t a one-stock story.
2. Energy (Oil, Gas and Coal)
Ticker
Name
LT
MT
ST
Momentum
Play
CVX
Chevron Corp
84.3
68.5
68.6
+0.06
Trend buy — all three levels aligned and above 65
Reason: Clean trend alignment across all timeframes, though momentum is essentially flat (+0.06) — this is a steady continuation rather than an accelerating move, so size it accordingly against CRM/MSFT.
Reversal buy — medium-term dipped to 38.5 but short-term has already snapped back near the long-term high, with momentum confirming
Reason: The long-term trend (74.0) never broke down; the medium-term pullback looks to be over given the short-term is already back at 71.1 with positive, accelerating momentum — a buy-the-dip reversal rather than a fresh breakdown.
4. Semiconductors (Technology Hardware and Equipment) — momentum leader, watch for confirmation
Ticker
Name
LT
MT
ST
Momentum
Play
NVDA
NVIDIA Corp
76.0
74.1
49.0
+6.33
Reversal watch — long/medium term still strong, short-term has cooled to the middle of its range but momentum is the second-highest positive reading in the file
Reason: The gap between a still-strong medium-term level (74.1) and a cooler short-term level (49.0) alongside strongly positive momentum reads as a pause within an uptrend rather than a breakdown — worth watching for the short-term level to turn back up before treating it as a full reversal signal.
5. General Industrials — early basing, lowest-conviction buy idea
Ticker
Name
LT
MT
ST
Momentum
Play
HON
Honeywell International
44.0
25.2
32.1
+1.94
Early-stage watch — levels are still low across the board but momentum has turned positive
Reason: Included for completeness rather than conviction — none of the three levels clear a “strong” threshold, but this is the only industrial name with positive momentum, worth flagging against its sector-mate 3M (see sell side) which is outright breaking down.
🔴 SELL SIDE — sectors ranked by bearish signal strength
1. Travel and Leisure
Ticker
Name
LT
MT
ST
Momentum
Play
MCD
McDonald’s Corp
5.4
25.8
33.7
-3.01
Trend sell — all three levels depressed with negative momentum
Reason: Every timeframe is weak and momentum is still negative. One caveat: the short-term level (33.7) sitting above the medium (25.8) and long-term (5.4) levels hints at very early stabilization off the bottom — worth watching for momentum to turn before assuming the downtrend is done, but on the numbers as they stand this is a sell, not a reversal.
2. Pharmaceuticals, Biotechnology and Cannabis Producers — two of three names breaking down
Ticker
Name
LT
MT
ST
Momentum
Play
MRK
Merck & Co
86.9
23.0
20.2
-5.04
Reversal sell — worst momentum reading of the bearish group, sharp break from a long-term high
AMGN
Amgen Inc
88.2
67.2
15.0
-2.84
Reversal sell — long-term still strong, short-term has collapsed
JNJ
Johnson & Johnson
88.9
43.4
31.0
-2.53
No qualifying reversal signal (short-term above the -25 reversal cutoff) but the whole sector is trending the same direction — treat as a soft sell / avoid-for-now
Reason: All three Dow pharma names carry negative momentum, with MRK and AMGN both showing a hard break from long-term strength — a sector-wide reversal rather than a single-name story.
3. Beverages
Ticker
Name
LT
MT
ST
Momentum
Play
KO
Coca-Cola Co
86.8
52.8
11.2
-3.36
Reversal sell — was a long-term leader (86.8), short-term has broken to the bottom of its range
Reason: The gap between long-term (86.8) and short-term (11.2) is one of the widest in the file — a fast, sharp reversal out of a well-established uptrend.
4. General Industrials — the sell side of a sector split
Ticker
Name
LT
MT
ST
Momentum
Play
MMM
3M Co
74.1
16.5
5.6
-2.20
Reversal sell — long-term strength has fully unwound
Reason: Worth reading together with Honeywell above — same sector, opposite signal. 3M has broken down hard from a strong long-term base while Honeywell is just starting to turn up from a weak one, which is more a stock-specific divergence than a sector-wide call.
5. Media
Ticker
Name
LT
MT
ST
Momentum
Play
DIS
Walt Disney Co
62.8
57.2
21.7
-3.28
Reversal sell — short-term has dropped well below both longer-term levels with momentum still negative
Reason: Long and medium-term levels are still respectable (62.8/57.2), but the short-term break to 21.7 with accelerating negative momentum is an early warning the broader trend may be rolling over.
No qualifying signal (neutral / mixed — not actionable on this screen)
WMT, CSCO, BA, CAT, AXP, GS, HD, JPM, NKE, PG, SHW, TRV, UNH, VZ, V — levels and momentum don’t align clearly enough in either direction to call a trend or reversal play.
Bottom line
Best trend buys: CRM, MSFT (Software), CVX (Energy)
Best reversal buy: AAPL (dip-buy within an intact long-term uptrend)
Best trend sell: MCD (Travel & Leisure)
Best reversal sells: KO (Beverages), MRK/AMGN (Pharma), MMM (Industrials), DIS (Media)
This is a mechanical reading of the trend/momentum levels — no fundamentals, valuation, or news context were considered, so treat it as a screening starting point rather than a standalone recommendation.
Universe: 980 TSX-listed equities with sector classification (of 2,827 total rows — the remainder are ETFs/closed-end funds with no sector tag and were excluded from sector ranking).
Reading the data
Long/Medium/Short Term Level (0–100): where the stock sits in its trading range on each timeframe. Near 100 = pressing new highs on that horizon; near 0 = pressing new lows.
Momentum: rate of change/acceleration. Positive = accelerating higher; negative = accelerating lower; the further from zero, the sharper the move.
Trend play = all three levels aligned high (or low) with momentum confirming — the move is established and continuing.
Reversal play = Short Term level has flipped hard against the Long Term level, with a strong momentum reading — the early stage of a change in direction.
Each sector below is scored by the % of its constituents flashing a bullish trend or reversal signal, not just raw count, so a 25-name sector isn’t automatically “more bullish” than a 20-name one just because it has more hits.
🟢 BUY SIDE — ranked by bullish signal strength
1. Banks — most successful bullish sector (32% of names on a buy signal)
Every major bank name is trading at the top of its long, medium and short-term range with momentum still positive — a textbook broad-based sector trend, not just one stock running hot.
Ticker
Name
LT
MT
ST
Momentum
Play
TD
Toronto-Dominion Bank
88.6
81.0
83.0
+4.46
Trend buy — strongest momentum of the group while still fully aligned across all three horizons
BNS
Bank of Nova Scotia
90.2
69.7
65.7
+4.09
Trend buy — long-term leadership with momentum re-accelerating
NA.PR.S
National Bank Pref Series 30
89.2
84.0
83.5
+1.19
Trend buy (preferred/income sleeve)
LB.PR.H
Laurentian Bank Pref Series 13
97.1
83.3
89.0
+1.04
Trend buy (preferred/income sleeve)
Reason: With all three timeframes >65 and momentum still expanding on TD and BNS specifically, this is sector-wide institutional accumulation rather than a single-name spike — the cleanest continuation trade in the file. No qualifying reversal setup appeared in Banks; the group is already mid-trend, not turning.
2. Real Estate Investment & Services — 27% bullish
Ticker
Name
LT
MT
ST
Momentum
Play
BPO.PR.A
Brookfield Office Props Pref AA
100.0
99.2
99.3
+1.13
Trend buy — maxed out across all horizons
BPO.PR.P
Brookfield Office Props Pref P
99.2
96.7
94.3
+2.05
Trend buy — strongest momentum of the Brookfield preferred stack
IVQ
Invesque Inc
18.3
48.7
91.7
+5.23
Reversal buy — short-term level exploded from a long-term base with the sector’s best momentum reading
Reason: Note the trend names here are almost entirely Brookfield Office Properties preferred share series (BPO.PR.*) — real conviction, but concentrated in one issuer’s income paper rather than a broad common-equity move. IVQ is the standout common-equity idea: still depressed on a long-term view (18.3) but the short-term level near the top of its range with momentum of +5.23 is a genuine early-stage reversal, not just noise.
3. Oil, Gas and Coal — 24% bullish, largest absolute count (25 trend + 3 reversal names)
Ticker
Name
LT
MT
ST
Momentum
Play
CVVY
Cavvy Energy Ltd
95.3
81.5
85.2
+19.17
Trend buy — by far the strongest momentum reading in the entire dataset
PSI
Pason Systems Inc.
82.9
82.2
88.4
+9.22
Trend buy — energy services, broad-based strength
TNZ
Tenaz Energy Corp
90.4
83.9
83.5
+6.07
Trend buy
ACX
ACT Energy Technologies
91.0
94.4
92.1
+4.36
Trend buy
TXP
Touchstone Exploration
45.2
78.3
100.0
+5.96
Reversal buy — short-term at the absolute ceiling while long-term still catching up
FEC
Frontera Energy Corp
28.1
52.4
66.4
+3.86
Reversal buy — earliest-stage of the three reversal names
Reason: This is the widest, most liquid bullish sector by headcount and the only one producing a genuine momentum outlier (CVVY at +19.17). The mix of large trend cohort plus three distinct reversal names (TXP, FEC, TCW) suggests capital is rotating into energy broadly, not just chasing one story.
Honourable mentions (smaller sample, still notable):Software and Computer Services — DCBO (98.4/96.1/91.0, mom +3.86) and MSFT-CDR (mom +4.53) on trend; TC (Tucows) as a reversal standout at LT 10.4 → ST 83.2 with momentum +16.69, the second-highest momentum reading in the file. Electricity and Telecommunications show clean trend buys but almost exclusively in preferred/income shares (Fortis, BCE, Brookfield Renewable preferreds) rather than common equity.
🔴 SELL SIDE — sectors breaking down, ranked by bearish signal strength
1. Travel and Leisure — 37% of names on a sell signal (highest of any sector, either side)
Ticker
Name
LT
MT
ST
Momentum
Play
TRZ
Transat A.T. Inc
6.8
5.6
8.7
-6.33
Trend sell — collapsed across all three horizons
BRAG
Bragg Gaming Group
1.5
10.0
9.1
-3.58
Trend sell
QSR
Restaurant Brands Intl
80.7
21.8
15.8
-4.50
Reversal sell — was a long-term leader, now breaking down hard on the short term
AC
Air Canada
72.5
42.2
5.3
-3.47
Reversal sell — long-term strength unwinding fast
Reason: This sector has the single highest concentration of sell signals in the entire file. QSR is the sharpest reversal — a stock that was structurally strong on a long-term view (80.7) now trading at the bottom of its short-term range, which is the clearest topping pattern in the dataset.
2. Real Estate Investment Trusts — 22% sell signals
Ticker
Name
LT
MT
ST
Momentum
Play
AP.UN
Allied Properties REIT
1.6
4.7
9.8
-3.91
Trend sell
CAR.UN
CDN Apartment REIT
1.6
4.9
7.5
-3.29
Trend sell
KMP.UN
Killam Apartment REIT
68.8
7.1
6.7
-3.32
Reversal sell — long-term strength that has completely inverted on medium/short term
Reason: Rate-sensitive REITs are broadly weak; KMP.UN is the cleanest reversal because it’s the only name still showing long-term strength (68.8) against a fully broken-down short term — the others are already in established downtrends rather than freshly turning.
3. Precious Metals and Mining — reversal-only breakdown (gold miners rolling over)
Ticker
Name
LT
MT
ST
Momentum
Play
DPM
Dundee Precious Metals
78.5
24.6
5.5
-8.89
Reversal sell — worst momentum in the sector, sharp break from a strong long-term base
ORE
Orezone Gold Corp
81.6
45.2
5.8
-6.72
Reversal sell
WDO
Wesdome Gold Mines
81.7
63.1
13.8
-6.47
Reversal sell
IMG
Iamgold Corp
65.0
57.7
14.5
-6.45
Reversal sell
Reason: No stock in this sector qualifies as a bearish trend — every long-term level is still well above 60. This is a sector-wide reversal, not a trend breakdown: gold miners that were structurally strong are turning down together, which reads as profit-taking after a run rather than a change in the underlying long-term picture.
Reason: Unlike precious metals, base-metal miners show both flavours of weakness — some (TLO, NGEX) rolling over from strength, others (SAM, CIA) already in outright downtrends, suggesting broader-based industrial demand concerns rather than single-metal profit-taking.
Bottom line
Best trend continuation buys: TD, BNS (Banks); CVVY, PSI, ACX (Oil, Gas & Coal)
Best reversal buys: IVQ (Real Estate), TXP (Oil, Gas & Coal), TC (Software)
Best trend sells: TRZ (Travel & Leisure), AP.UN/CAR.UN (REITs)
This is a mechanical reading of the trend/momentum levels — no fundamentals, valuation, liquidity or news context were considered, so treat it as a screening starting point rather than a standalone recommendation.
