KeepWinning

Regime Report — week 2026-W31

In week 2026-W31 (27 July 2026 – 2 August 2026), 62.7% of the 5960 companies KeepWinning tracks across 19 markets closed the week above their own 200-day average (+1.7 pp over the week).

The Regime Report is generated from the same nightly data as the rest of KeepWinning: a market-by-market trend board, then the companies whose trend changed during the week. It states what prices and reported figures have already done — never what they will do. How these rules work

Trend heatmap at the close of week 2026-W31 Apple Inc. (AAPL) — NeutralAAPL NVIDIA Corporation (NVDA) — NeutralNVDA Alphabet Inc. (GOOG) — Strong uptrendGOOG Alphabet Inc. (GOOGL) — NeutralGOOGL Microsoft Corporation (MSFT) — UptrendMSFT Amazon.com, Inc. (AMZN) — Strong uptrendAMZN Taiwan Semiconductor Manufacturing Company Limited (TSM) — NeutralTSM Broadcom Inc. (AVGO) — NeutralAVGO Space Exploration Technologies Corp. (SPCX) — Insufficient dataSPCX Novo Nordisk A/S (NOVO B) — UptrendNOVO B Meta Platforms, Inc. (META) — Strong downtrendMETA Tesla, Inc. (TSLA) — Strong downtrendTSLA Berkshire Hathaway Inc. (BRK A) — Strong uptrendBRK A Berkshire Hathaway Inc. (BRK B) — Strong uptrendBRK B SK hynix Inc. (SKHY) — Insufficient dataSKHY Eli Lilly and Company (LLY) — Strong uptrendLLY Micron Technology, Inc. (MU) — NeutralMU JPMorgan Chase & Co. (JPM) — Strong uptrendJPM Equinor ASA (EQNR) — Strong uptrendEQNR Walmart Inc. (WMT) — DowntrendWMT Advanced Micro Devices, Inc. (AMD) — NeutralAMD Visa Inc. (V) — Strong uptrendV ExxonMobil Holdings Corporation (XOM) — Strong uptrendXOM ASML Holding N.V. (ASML) — NeutralASML Johnson & Johnson (JNJ) — Strong uptrendJNJ ASML Holding N.V. (ASML) — NeutralASML Mastercard Incorporated (MA) — UptrendMA Intel Corporation (INTC) — NeutralINTC AbbVie Inc. (ABBV) — Strong uptrendABBV Cisco Systems, Inc. (CSCO) — NeutralCSCO Nordea Bank Abp (NDA DK) — Strong uptrendNDA DK DNB Bank ASA (DNB) — Strong uptrendDNB Bank of America Corporation (BAC) — Strong uptrendBAC Costco Wholesale Corporation (COST) — DowntrendCOST Royal Bank of Canada (RY) — Strong uptrendRY Quhuo Limited (QH) — NeutralQH Applied Materials, Inc. (AMAT) — NeutralAMAT Chevron Corporation (CVX) — Strong uptrendCVX UnitedHealth Group Incorporated (UNH) — Strong uptrendUNH The Coca-Cola Company (KO) — Strong uptrendKO Caterpillar Inc. (CAT) — NeutralCAT Lam Research Corporation (LRCX) — NeutralLRCX GE Aerospace (GE) — Strong uptrendGE Oracle Corporation (ORCL) — Strong downtrendORCL HSBC Holdings plc (HSBC) — Strong uptrendHSBC DSV A/S (DSV) — DowntrendDSV The Procter & Gamble Company (PG) — DowntrendPG The Home Depot, Inc. (HD) — NeutralHD Morgan Stanley (MS) — NeutralMS Merck & Co., Inc. (MRK) — Strong uptrendMRK Netflix, Inc. (NFLX) — Strong downtrendNFLX The Goldman Sachs Group, Inc. (GS) — NeutralGS Novartis AG (NVS) — Strong uptrendNVS Danske Bank A/S (DANSKE) — Strong uptrendDANSKE Philip Morris International Inc. (PM) — Strong uptrendPM Palantir Technologies Inc. (PLTR) — Strong downtrendPLTR Royal Bank of Canada (RY) — Strong uptrendRY RTX Corporation (RTX) — Strong uptrendRTX Alibaba Group Holding Limited (BABA) — NeutralBABA The Toronto-Dominion Bank (TD) — Strong uptrendTD HSBC Holdings plc (HSBA) — Strong uptrendHSBA AstraZeneca PLC (AZN) — DowntrendAZN Palo Alto Networks, Inc. (PANW) — Strong uptrendPANW Dell Technologies Inc. (DELL) — Strong uptrendDELL GE Vernova Inc. (GEV) — NeutralGEV Kongsberg Gruppen ASA (KOG) — Strong downtrendKOG Wells Fargo & Company (WFC) — UptrendWFC Arm Holdings plc (ARM) — NeutralARM Texas Instruments Incorporated (TXN) — NeutralTXN Mitsubishi UFJ Financial Group, Inc. (MUFG) — Strong uptrendMUFG A.P. Møller - Mærsk A/S (MAERSK B) — Strong uptrend Shell plc (SHEL) — Strong uptrendSHEL A.P. Møller - Mærsk A/S (MAERSK A) — Strong uptrendMAERSK A KLA Corporation (KLAC) — NeutralKLAC Linde plc (LIN) — NeutralLIN LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC) — Strong downtrendMC Novo Nordisk A/S (NVO) — UptrendNVO American Express Company (AXP) — NeutralAXP Toyota Motor Corporation (TM) — NeutralTM Shopify Inc. (SHOP) — NeutralSHOP Citigroup Inc. (C) — NeutralC BHP Group Limited (BHP) — NeutralBHP Arista Networks, Inc. (ANET) — Strong uptrendANET Shell plc (SHELL) — Strong uptrendSHELL Thermo Fisher Scientific Inc. (TMO) — UptrendTMO Aker BP ASA (AKRBP) — Strong uptrendAKRBP L'Oréal S.A. (OR) — Strong uptrendOR Amgen Inc. (AMGN) — Strong uptrendAMGN International Business Machines Corporation (IBM) — Strong downtrendIBM SAP SE (SAP) — NeutralSAP Banco Santander, S.A. (SAN) — Strong uptrendSAN Novozymes A/S (NSIS B) — Strong uptrendNSIS B The Toronto-Dominion Bank (TD) — Strong uptrendTD AstraZeneca PLC (AZN) — DowntrendAZN Amphenol Corporation (APH) — Strong uptrendAPH TotalEnergies SE (TTE) — Strong uptrendTTE Seagate Technology Holdings plc (STX) — NeutralSTX Verizon Communications Inc. (VZ) — Strong uptrendVZ PepsiCo, Inc. (PEP) — DowntrendPEP Ørsted A/S (ORSTED) — NeutralORSTED McDonald's Corporation (MCD) — Strong downtrendMCD Sandisk Corporation (SNDK) — NeutralSNDK CrowdStrike Holdings, Inc. (CRWD) — Strong uptrendCRWD T-Mobile US, Inc. (TMUS) — Strong downtrendTMUS Abbott Laboratories (ABT) — NeutralABT Western Digital Corporation (WDC) — NeutralWDC Shell plc (SHEL) — Strong uptrendSHEL NextEra Energy, Inc. (NEE) — NeutralNEE Telenor ASA (TEL) — Strong downtrendTEL The Charles Schwab Corporation (SCHW) — Strong uptrendSCHW Industria de Diseño Textil, S.A. (ITX) — Strong uptrendITX Analog Devices, Inc. (ADI) — NeutralADI BlackRock, Inc. (BLK) — UptrendBLK The TJX Companies, Inc. (TJX) — NeutralTJX Bank of Montreal (BMO) — Strong uptrendBMO Banco Santander, S.A. (SAN) — Strong uptrendSAN UBS Group AG (UBS) — Strong uptrendUBS The Boeing Company (BA) — DowntrendBA Vestas Wind Systems A/S (VWS) — NeutralVWS Union Pacific Corporation (UNP) — Strong uptrendUNP Norsk Hydro ASA (NHY) — DowntrendNHY Welltower Inc. (WELL) — Strong uptrendWELL Enbridge Inc. (ENB) — NeutralENB TotalEnergies SE (TTE) — Strong uptrendTTE The Walt Disney Company (DIS) — Strong downtrendDIS Anheuser-Busch InBev SA/NV (BUD) — Strong uptrendBUD Marvell Technology, Inc. (MRVL) — NeutralMRVL Sumitomo Mitsui Financial Group, Inc. (SMFG) — Strong uptrendSMFG Gilead Sciences, Inc. (GILD) — NeutralGILD Hermès International Société en commandite par actions (RMS) — Strong downtrendRMS Deere & Company (DE) — Strong uptrendDE Airbus SE (AIR) — Strong uptrendAIR Airbus SE (AIR) — Strong uptrendAIR BHP Group Limited (BHP) — NeutralBHP Schneider Electric S.E. (SU) — Strong uptrendSU QUALCOMM Incorporated (QCOM) — DowntrendQCOM Blackstone Inc. (BX) — NeutralBX AT&T Inc. (T) — NeutralT Shopify Inc. (SHOP) — NeutralSHOP Rio Tinto Group (RIO) — NeutralRIO Interactive Brokers Group, Inc. (IBKR) — NeutralIBKR Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) — Strong uptrendBBVA Carlsberg A/S (CARL A) — Strong uptrendCARL A Canadian Imperial Bank of Commerce (CM) — Strong uptrendCM Banco Santander, S.A. (BNC) — Strong uptrendBNC The Bank of Nova Scotia (BNS) — Strong uptrendBNS Eaton Corporation plc (ETN) — Strong uptrendETN Booking Holdings Inc. (BKNG) — UptrendBKNG Salesforce, Inc. (CRM) — NeutralCRM Southern Copper Corporation (SCCO) — Strong uptrendSCCO
  • Strong uptrend
  • Uptrend
  • Neutral
  • Downtrend
  • Strong downtrend
Coloured by each company's trend label at the close of 2 August 2026, sized by relative market cap. Showing the 150 largest of 5965 companies KeepWinning tracked that week.

Regime board

"Above MA200" is the share of the companies KeepWinning tracks on that market whose close was above their own 200-day average — not a claim about the whole exchange. "Week over week" is the change in that share, in percentage points. The index columns describe the region's home index, which is a different population from the tracked companies beside it.

Regime board for week 2026-W31: how each market's tracked companies stood at the close of 2 August 2026, and how that moved over the week.
MarketCompanies trackedAbove MA200Week over weekIn an uptrendRegion's indexIndex vs MA200Index MA200 slope
Nasdaq197762.2%+1.6 pp44.6%S&P 500AboveRising
NYSE185565.2%+0.7 pp47.6%S&P 500AboveRising
Stockholm65950.6%+4.1 pp37.0%OMX Stockholm 30AboveRising
London Stock Exchange25969.5%+4.3 pp54.8%———
Toronto (TSX)24263.3%+1.9 pp43.0%———
Oslo15363.9%−1.4 pp42.5%OMX Stockholm 30AboveRising
Euronext Paris14472.2%+3.4 pp52.1%———
Helsinki9257.3%+7.9 pp45.7%OMX Stockholm 30AboveRising
Borsa Italiana (Milan)8669.8%−1.1 pp41.9%———
Bolsa de Madrid8272.5%unchanged52.4%———
Copenhagen7362.5%−4.2 pp50.7%OMX Stockholm 30AboveRising
NYSE American7331.9%−2.9 pp20.5%S&P 500AboveRising
Euronext Amsterdam6668.3%+1.6 pp54.5%———
Euronext Brussels5186.3%+2.0 pp54.9%———
MDAX4658.7%+4.4 pp43.5%———
DAX4070.0%+7.5 pp57.5%———
Euronext Lisbon2166.7%+9.6 pp33.3%———
SMIM2176.2%+9.5 pp52.4%———
SMI2080.0%unchanged55.0%———

Companies that moved into an uptrend

Every company below moved into Uptrend or Strong uptrend during the reported week, having been below that the week before, and grew its latest reported quarterly revenue year over year. They are ordered by trend label and then by momentum, with at most 3 per country. The full rule set, including what is NOT considered, is published on the methodology page.

256 companies met the first two rules; the 15 below are what remains after the per-country cap and the length limit.

Companies that moved into an uptrend during week 2026-W31, strongest trend first.
CompanyTickerMarketCountryMoved intoRevenue YoY, latest quarter
Frontier Group Holdings, Inc.ULCCNasdaqUnited StatesStrong uptrend8.8%
Electromed, Inc.ELMDNYSE AmericanUnited StatesStrong uptrend18.4%
Nextdoor Holdings, Inc.NXDRNYSEUnited StatesStrong uptrend13.8%
Sinch AB (publ)SINCHStockholmSwedenStrong uptrend3.8%
Air France-KLM SAAFEuronext ParisFranceStrong uptrend4.4%
LufthansaLHAMDAXGermanyStrong uptrend7.6%
Pexip Holding ASAPEXIPOsloNorwayStrong uptrend29.6%
Atea ASAATEAOsloNorwayStrong uptrend14.0%
Quebecor Inc.QBR AToronto (TSX)CanadaStrong uptrend3.9%
Ortivus AB (publ)ORTI BStockholmSwedenStrong uptrend18.4%
Modern Times Group MTG ABMTG BStockholmSwedenStrong uptrend1.9%
Azimut Holding S.p.A.AZMBorsa Italiana (Milan)ItalyStrong uptrend15.2%
Teck Resources LimitedTECK AToronto (TSX)CanadaStrong uptrend78.2%
Teck Resources LimitedTECK BToronto (TSX)CanadaStrong uptrend78.2%
Eurocommercial Properties N.V.ECMPMBorsa Italiana (Milan)ItalyStrong uptrend3.3%

About this report

Produced by Wroughtery (Simon Kodu), a sole trader based in Sweden.

Rules-based screen output, not a recommendation — no price targets, no buy/sell ratings.

The producer may hold positions in companies named in this output.

The full rule set is published at /methodology.

Get the Regime Report every Monday — free.

One email a week: how each market KeepWinning tracks is trending, and the companies whose trend changed during the week. Rules-based, published in full, no opinions.

We send a confirmation link first — you are subscribed only after you click it. Unsubscribe in one click, any time. Privacy policy

Read next