GPW swing screen — Friday 6 November 2026 (1-month horizon)

Data: biznesradar.pl (downloads via subagents, ~50 sessions). Closes for 5 Nov are available only for WIG20, WIG, LPP, DNP and ACP; for the remaining companies the source returned data through 4 Nov (marked "(4 Nov)"), and for MBK, ALE, BFT, PCO, JSW, CPS no candles could be downloaded at all in this run (WebFetch block) — their levels are carried over from the 5 Nov report and marked "(3 Nov)". The report was produced before the GPW open on 6 Nov; I do not give morning prices. This is a report with limited data coverage — treat it with caution.

TOP 3 right now

1LPPB71

Price: 28,080
Entry: 26,700–27,250
Stop: 25,740
Targets T1 / T2: 28,900 / 30,200
R: 1.6 / 2.6

Quarterly results: 3 Dec

2MBKmBankB69

Price: 1,610 (3 Nov)
Entry: 1,525–1,575
Stop: 1,470
Targets T1 / T2: 1,700 / 1,800
R: 1.9 / 3.1

Quarterly results: none (results 28 Oct)

3ALEAllegroB66

Price: 58.36 (3 Nov)
Entry: 56.0–57.0
Stop: 54.30
Targets T1 / T2: 60.30 / 63.00
R: 1.7 / 3.0

Quarterly results: 12 Nov (6 days!)

Market regime

US, close 5 Nov: sharp sell-off. S&P 500 7,353.73 (−4.36%), Dow 51,523 (−3.44%), Nasdaq 24,315 (−5.52%, approx. 12% below its record — correction), Russell 2000 approx. 2,730 (−4.45%); all 11 S&P sectors in the red, SOX approx. −12%, Nvidia −9.3%. Reason according to media: sell-off in AI/semiconductor stocks after the midterm elections (concerns about regulation and the pace of data-center build-out). Worst day since April 2025. Sources: Capp's Notes, Strefa Inwestorów/PAP, Fox Business.
Asia, Friday morning: Nikkei 225 −6.2% (57,271), Kospi −7.1% (5,000), ASX 200 −0.7% (AP/KSAT). US futures and the 6 Nov European open — unavailable after two attempts.
Volatility and rates: VIX approx. 28.2 (from 16.6), UST 10Y approx. 4.84%, Brent USD 98.29 (+3.8%), copper — unavailable after two attempts from different sources. USD/PLN 3.9213, EUR/PLN 4.3995 (Trading Economics, 5 Nov) — the zloty weaker by approx. 0.3–0.4%.
GPW, 5 Nov (session before most of the US decline): WIG20 4,209.15 (+0.46%; above EMA20 ~4,200, 1.7% below the high of 4,283.82), WIG 158,023 (−0.07%), mWIG40 10,555 (−1.62%), sWIG80 29,171 (−1.00%). Rotation into large caps (chemicals +3.3%, banks +0.4%); mid and small caps weak. The 6 Nov session will probably open under pressure from the US/Asia.
Macro: today 14:30 US payrolls (consensus +65k), Tue 10 Nov US CPI; FOMC 8–9 Dec (market pricing a hike, odds approx. 70% per CME FedWatch, down from approx. 83%); MPC (RPP) 2 Dec (date from the "first Wednesday of the month" pattern, not from the official calendar).
Takeaway: unfavorable environment for swing trading over the next few sessions (risk-off, VIX ~28, shock in AI/semiconductors). No "chasing the market" entries at the open. The ranking below is mainly limit orders on deeper pullbacks in leaders with a position of at most 30–50% of standard size and hard stops; until stabilization (after payrolls and CPI on 10 Nov, VIX rebound) the priority is waiting. Fewer than 15 candidates — deliberately: 6 of the 10 positions are at their highs (no pullback, only a retest), and some of the data is stale.

Ranking (R from the midpoint of the entry zone)

#	Tic	Company	Sector	Price	From high	Trend	Support	RSI	Fund/30	Tech/70	Total	Class	Entry	Stop	T1	T2	R (T1 / T2)	Earnings
1	LPP	LPP	apparel/retail	28,080	0.0% (ATH breakout)	uptrend (SMA20 26,586 > SMA50 24,458)	26,700–27,250 (5 Nov gap / former ATH 27,240)	69	25	46	71	B (breakout retest)	26,700–27,250	25,740	28,900	30,200	1.6 / 2.6	3 Dec
2	MBK	mBank	banks	1,610 (3 Nov)	−3.5%	uptrend after the gap (SMA20 1,476 > SMA50 1,452)	1,525–1,575 (inside the 28 Oct gap)	62 (3 Nov)	22	47	69	B (gap retest; stale data)	1,525–1,575	1,470	1,700	1,800	1.9 / 3.1	none (results 28 Oct)
3	ALE	Allegro	e-commerce	58.36 (3 Nov)	−2.7%	uptrend (SMA20 56.4 > SMA50 51.0)	56.0–57.0 (EMA20 56.65)	64 (3 Nov)	23	43	66	B (limit; stale data)	56.0–57.0	54.30	60.30	63.00	1.7 / 3.0	12 Nov (6 days!)
4	BFT	Benefit Systems	services	5,900 (3 Nov)	−1.3%	uptrend (SMA20 5,710 > SMA50 5,380)	5,700–5,800 (EMA20 5,731)	65 (3 Nov)	22	41	63	B (retest; stale data)	5,700–5,800	5,520	6,050	6,350	1.3 / 2.6	19 Nov (13 days)
5	CDR	CD Projekt	gaming	264.00 (4 Nov)	−2.9%	sideways-up (SMA20 264 > SMA50 251)	258–262 (SMA20) / 250.5–252.6 (SMA50)	55 (4 Nov)	21	41	62	B (sensitive to US AI/gaming sector)	258–262	248.5	272.9	285.0	1.1 / 2.2	24 Nov (18 days)
6	DNP	Dino Polska	grocery	39.85	0.0% (breakout, 2× volume)	uptrend after results	38.6–39.2 (5 Nov opening gap) / 37.7 (EMA20 ~37.8)	n/a	18	43	61	B (breakout retest)	38.6–39.2	37.30	41.50	43.40	1.6 / 2.8	published 5 Nov
7	ING	ING Bank Śląski	banks	490.80 (4 Nov)	0.0% (new high)	uptrend (EMA20 459 ≈ SMA20 457 ≈ SMA50 456)	457–465 (EMA20/SMA20/SMA50)	65 (4 Nov)	20	40	60	C (no pullback; volume 1.8× average)	457–465	440	491	515	1.4 / 2.6	n/a (unverified)
8	BDX	Budimex	construction	753.00 (4 Nov)	0.0% (new high)	uptrend (SMA20 709 > SMA50 704)	705–716 (SMA20/EMA20 709–713)	63 (4 Nov)	20	38	58	C (retest)	705–716	668	753	800	1.0 / 2.1	reported (27 Oct)
9	CAR	Inter Cars	automotive	1,092 (4 Nov)	0.0% (high, RSI 74)	uptrend (SMA20 1,023 > SMA50 972)	1,020–1,035 (EMA20/SMA20)	74 (4 Nov)	21	34	55	C (overbought; deep pullback only)	1,020–1,035	960	1,092	1,140	1.0 / 1.7	17 Nov (11 days)
10	ACP	Asseco Poland	IT	231.00	−7.9%	weakened (EMA20 237.9 ≈ SMA20 237.8; SMA50 231.1)	225–231 (SMA50 / 5 Nov low 228.1; 20-day low 219.7)	43	19	31	50	C — downgraded from B; wait for reclaim of 238	225–231	218	238	248	1.0 / 2.0	26 Nov (20 days)

Charts from the ranking

Score ranking

Total points split into fundamentals and the rest of the score (0–100).

Risk and reward map

Stop, entry zone and targets as a deviation from the last price (first 6 setups with a full set of levels).

Reward-to-risk

R to target 1 and target 2 measured from the middle of the entry zone; the framework prefers at least about 1:2.

R calculated from the midpoint of the entry zone. Earnings within 14 days: ALE (12 Nov, 6 days), CAR (17 Nov, 11 days), BFT (19 Nov, 13 days). Positions 2–5 have stale data (3 Nov/4 Nov) and do not reflect the 5 Nov session or the US decline — class B for them is conditional. RSI column for DNP: no history in the repo (n/a). Fund/30: refreshed in the 5 Nov scan (LPP, MBK, ALE, BFT, CDR, BDX, CAR), cautious estimate for ING, DNP, ACP.

TOP 3 right now

LPP — the strongest relative leader (5 Nov: +5.6% to ATH 28,080 on volume of 9.8k shares, approx. 2.4× the 20-session average), but this is a breakout, not a pullback: enter only on a limit at the 26,700–27,250 retest, not by chasing; R 1.6 / 2.6.
mBank — a clean "gap + declining pullback volume" setup, no earnings until February, R 1.9 / 3.1; downside: data from 3 Nov and no verification of 5 Nov, so it is a conditional setup.
Allegro — trend and RS best in the group, but the 12 Nov earnings and the sensitivity of growth valuations to risk-off and yields call for keeping the position small or waiting for the results.

Detailed analysis of the TOP 5

LPP — LPP

Why it is interesting

Leader of strength: price 28,080 (5 Nov) = new ATH, +15% in 20 sessions; SMA20 26,586 and SMA50 24,458 rising.
Q2 of FY 2026/27 (data from the 5 Nov report, refreshed 18 Sep): revenue +18.4%, gross margin 57.7%, EBITDA +46%, net profit +64.5%; gross margin and EBITDA guidance raised (Parkiet).
5 Nov: gap up (open 26,700 above the 4 Nov close of 26,580), close = high of the day, volume 9,836 (approx. 2.4× average) — strong confirmation of demand.
The previous pullback (from 27,240 to 25,740) was healthy: volume did not rise.

Fundamentals — as above (not refreshed today; no new announcements in the sources). Valuation and consensus unverified. Earnings 3 Dec.

Technical structure — daily: higher lows since 18 Sep, breakout above 27,240; EMA20 26,433, SMA20 26,586, SMA50 24,458; RSI 69; MACD histogram −80 (will begin to rise after the breakout). Weekly trend from daily closes: uptrend. ATR14 720.

Why (no) pullback — there is no pullback; this is a breakout from a 4-week base after an earlier pullback for the PLN 900 dividend and profit-taking. Risk: breakout on the day of peak euphoria (compare with the US −4.4%), possible gap fill.

Key support — 26,700 (bottom of the gap / 5 Nov low), 26,433 (EMA20), 25,740 (4 Nov low), 25,150, 24,200.

Entry strategy

Aggressive: none (after 28,080 R to T1 is below 1).
Conservative: limit 26,700–27,250, max 50% of standard size.
Ideal signal: rejection of 27,000–27,250 (hammer, close > previous day) on declining volume.

Stop / invalidation — 25,740 (4 Nov low). A close below 25,740 = gap fill and loss of structure.

Targets — T1 28,900 (high 28,080 + approx. 1 ATR) → R 1.6; T2 30,200 (27,240 + base height 24,200–27,240 ≈ 3,040) → R 2.6.

Catalysts — holiday season, forecast revisions, earnings 3 Dec.

Risks — (1) risk-off may wipe out gaps up; (2) thin share turnover (4–10k shares/day) → slippage; (3) high bar ahead of the 3 Dec earnings; (4) a weaker zloty and Fed tightening hit consumer valuations; (5) the limit may not fill.

Verdict: WAIT FOR CONFIRMATION (retest of 26,700–27,250 on a limit; GOOD SETUP only with rejection in the zone).

MBK — mBank

Why it is interesting

Q3 (28 Oct): net profit PLN 1.085 bn (approx. +30% y/y), NII PLN 2.67 bn (+6%), ROE 17.6%; announced return of the dividend from 2026 profit (30%) (xyz.pl).
Gap on 28 Oct (1,485 → 1,611.5), high 1,701 (29 Oct); pullback of approx. 3.5% on declining volume (63→52→46→31k).
No earnings until February 2027. WIGBANKI +0.39% on 5 Nov.

Fundamentals — data from 28 Oct–5 Nov (5 Nov report), not refreshed today; downside: provisions approx. 30% above consensus, CHF-loan risk.

Technical structure — levels from 3 Nov: SMA20 1,476 > SMA50 1,452, price 1,610, RSI 62, MACD histogram positive. No candles for 4 and 5 Nov — I cannot confirm where the price is.

Why the pullback — profit-taking after the gap + sector weakness 30 Oct–3 Nov; technically healthy.

Key support — 1,575–1,583, 1,525–1,550 (half of the gap), 1,484.5, 1,471, 1,452 (SMA50).

Entry strategy

Aggressive: 1,560–1,575.
Conservative: 1,525–1,550 (fill of half the gap).
Ideal signal: rejection in the gap + close > previous session.

Stop / invalidation — 1,470; a close below 1,485 = gap filled.

Targets — T1 1,700 → R 1.9; T2 1,800 → R 3.1.

Catalysts — recommendation revisions, falling yields, dividend for 2026.

Risks — (1) levels unverified for 4–5 Nov; (2) risk-off hits banks with foreign exposure; (3) provisions/CHF loans; (4) the limit may not fill; (5) low liquidity in a pullback.

Verdict: WAIT FOR CONFIRMATION (verify the price after the open; entry only on a pullback).

ALE — Allegro

Why it is interesting

Q2 2026: GMV PLN 19.6 bn (+14.4%), adj. EBITDA PLN 1.03 bn (+11.5%), net profit PLN 529.3 m (+37%); 2026 guidance raised (Parkiet).
+30% in 49 sessions; shallow pullback to EMA20 (as of 3 Nov).
Black Friday season as a catalyst.

Fundamentals — as above (refreshed in the 5 Nov scan). Net debt/EBITDA and dividend unverified.

Technical structure — as of 3 Nov: SMA20 56.4 > SMA50 51.0, EMA20 56.65, RSI 64. No candles for 4–5 Nov.

Why the pullback — market-driven and profit-taking after the high of 60.31; pullback volume ≈ average.

Key support — 56.65 (EMA20), 56.0–56.4 (SMA20), 55.5, 54.3, 51.0 (SMA50).

Entry strategy

Aggressive: none.
Conservative: limit 56.0–57.0, half position (earnings 12 Nov).
Ideal signal: rejection at 56–57 or — after earnings — a gap up held above 60.3.

Stop / invalidation — 54.30; a close < 51 invalidates the trend.

Targets — T1 60.30 → R 1.7; T2 63.0 → R 3.0.

Catalysts — earnings 12 Nov, Black Friday.

Risks — (1) earnings in 6 days — gap in both directions; (2) AI/growth sell-off and rising yields; (3) limited valuation upside after +30%; (4) price competition; (5) stale data.

Verdict: WAIT FOR CONFIRMATION (consider entering only after the 12 Nov earnings or on a limit at half size).

BFT — Benefit Systems

Why it is interesting

Q2: revenue PLN 1,459.7 m (+33.4%), EBITDA PLN 459.1 m (+40.9%), net profit attributable to the parent PLN 222.2 m (+55.5%) (Strefa Inwestorów).
Consolidation below 6,035 with higher lows.
RS +11 pp vs WIG (20 sessions, as of 3 Nov).

Fundamentals — as above, net debt/EBITDA unverified. Earnings 19 Nov.

Technical structure — as of 3 Nov: SMA20 5,710 > SMA50 5,380, EMA20 5,731, RSI 65; no candles for 4–5 Nov.

Why (no) pullback — consolidation, not a pullback; a candidate only for a retest.

Key support — 5,710–5,731, 5,565, 5,520, 5,380.

Entry strategy

Aggressive: none.
Conservative: limit 5,700–5,800.
Confirmation: close > 6,035 on volume > 7k.

Stop / invalidation — 5,520; a close < 5,380 = return to the base.

Targets — T1 6,050 → R 1.3; T2 6,350 → R 2.6.

Catalysts — earnings 19 Nov (13 days), card growth momentum.

Risks — (1) no pullback; (2) modest R to T1; (3) earnings within the 14-day window; (4) thin liquidity; (5) rotation out of consumer names.

Verdict: WAIT FOR CONFIRMATION.

CDR — CD Projekt

Why it is interesting

Q2: revenue PLN 244.2 m (consensus 200.0), net profit PLN 142.9 m (consensus 99.3), cash approx. PLN 1.29 bn (Strefa Inwestorów).
4 Nov: +2.9% to 264.0, close above the previous day's high; test of SMA50 (250.9) defended.
Witcher 4 narrative.

Fundamentals — as above; dividend and valuation unverified.

Technical structure — as of 4 Nov: price ≈ SMA20 264, 5% above SMA50 251, high 272.9, RSI 55; rebound volume (230k) below the average of 259k. No 5 Nov candle.

Why the pullback — 30 Oct drop of −4.7% on heavy volume, then a test of SMA50; the gaming/AI sector is sensitive to the US sell-off.

Key support — 258–262, 252.6/250.5, 250.9 (SMA50), 248.5.

Entry strategy

Aggressive: limit 258–262.
Conservative: close > 270.3 on volume > 260k.
Ideal signal: second up day with volume > average.

Stop / invalidation — 248.5.

Targets — T1 272.9 → R 1.1; T2 285.0 → R 2.2.

Catalysts — earnings 24 Nov, Witcher 4 news.

Risks — (1) weak R to T1; (2) global tech and gaming sell-off; (3) low rebound volume; (4) high bar for 24 Nov; (5) 4 Nov data.

Verdict: WATCH.

DNP — note outside the TOP 5

Q3 results (5 Nov) in line with consensus: revenue PLN 9,708.3 m (cons. 9,678.8; +10.8% y/y), EBITDA PLN 785.5 m (cons. 783.5; +4.7%), net profit approx. PLN 483 m (cons. 484.5; approx. 0%); EBITDA margin 8.1% (8.6% a year earlier), LFL +0.1% amid food price deflation, labor costs +22.1% y/y; 3,283 stores (+108), capex approx. PLN 2.5 bn (Strefa Inwestorów, Parkiet). Price: 39.85 (+3.9%), high of the day = close, volume 5.83 m (approx. 2× average) — breakout above 39.65. Technically good, fundamentally still weak margins → rating "B", entry only on a retest of 38.6–39.2 (stop 37.30).

Watchlist for the next 1–3 weeks

OPL (Orange Polska, 16.89 through 4 Nov) — new high, RSI 66, no pullback: interest only after a pullback to 16.0–16.3 (EMA20 15.94, SMA20 16.03) with rejection; stop below 14.8 (R to ATH weak).
PEO (Pekao, 264.30 through 4 Nov) — at SMA20/EMA20 (262–263), below SMA50 266.6, RSI 51: close > 267.9 (4 Nov high and resistance) on volume > 615k; stop 250.
PKO (115.64 through 4 Nov) — below SMA50 117.5, RSI 51; close > 118.4 on volume > 3.1 m; Q3 report — date/result unverified in this run (the previous scan gave 5 Nov, I did not find the result).
KTY (Kęty, 1,266 through 4 Nov) — narrow range 1,227–1,292, RSI 53: close > 1,292 on volume > 20k; stop 1,227.
ALR (Alior, 136.95 through 4 Nov) — above SMA50 (approx. 134), RSI approx. 51; close > 142.65 (50-session high) on volume > 480k or rejection from 130–134; 5 Nov announcement: EUR 500 m Eurobond issue.

Rejected

KGH (286.90, −24%, RSI 38, below SMA20/50), PKN (140.28, −13.7%, RSI 34, below SMA50, 20-session low), XTB (−30%), KRU (−20%), ASB (−19%), GPW (96.70, −12%, RSI 42), APR (−12%, below SMA50), CBF (−11%, below SMA50), TXT (−21%), SPH (−16%, RSI 51 but volume 0.4× average) — long declines or SMA50 breakdown, not a healthy pullback.
PZU (73.84, ±SMA50, RSI 58 — indicators not adjusted for the PLN 4.80 dividend), DOM (238.0, RSI 48, sideways), MRB (11.56, sideways), CEZ (248.8, near its high, no pullback) — no edge.
ENA, PGE, TPE, MIL, 11B — downloaded through 4 Nov, no full analysis in this run (previously rejected or no edge: PGE −10% after a parabolic run, 11B below SMA50, ENA/TPE/MIL sideways). JSW, CPS, PCO — no data in this run; previously rejected (JSW, CPS) / class C (PCO).

Review of the previous scan (5 Nov)

LPP (limit 25,900–26,300, stop 25,150, T1 27,250): 5 Nov low 26,700, high/close 28,080 → limit did not fill, price ran away +5.6% (T1 27,250 exceeded, T2 28,300 not reached); the setup moved in the direction of the thesis, but without an entry.
ACP (trigger close > 241, zone 232–237, stop 226): 5 Nov open 241.7, high 242.8, low 228.1, close 231.00 (−2.8%) → trigger did not fire, entry zone tested, stop 226 untouched; structure weakened (close at SMA50), class lowered to C.
DNP (WAIT after earnings): results in line with consensus, price +3.9% to 39.85 (high of the day) — waiting did not provide an entry from the low; the 38.6–39.2 retest is the new plan.
MBK, ALE, BFT, CDR, BDX, CAR, PCO, OPL, PEO, PKO, KTY, ALR: no 5 Nov candle in the source — cannot be reviewed. From the indices: WIG20 +0.46% (4,209.15), WIG −0.07%, mWIG40 −1.62%, sWIG80 −1.00%.
Assessment: the scan was cautious; LPP was correctly identified as the leader, but the limit was too deep; the ACP trigger was rightly not triggered.

Method and caveats

Sources: biznesradar.pl (history of ~50 sessions, downloads via subagents — data transcribed by an intermediary model from WebFetch responses, not from raw HTML; transcription errors possible, indicators for companies from data/quotes computed from the repo + 5 Nov candle for LPP and ACP); global context: Capp's Notes, Strefa Inwestorów/PAP, Fox Business, AP/KSAT, Trading Economics (links in the Regime section). DNP results: Strefa Inwestorów, Parkiet.
Download limitations: WebFetch rejected addresses not from search results (PROVENANCE_REQUIRED), and the shell has no access to biznesradar.pl. Therefore: (a) no candles at all for MBK, ALE, BFT, PCO, JSW, CPS — levels from the 5 Nov report (3 Nov data); (b) candles through 4 Nov (not 5 Nov) for CDR, KTY, OPL, PEO, PKO, PZU, DOM, KGH, mWIG40, sWIG80, ALR, 11B, MIL, ENA, PGE, TPE (repeated downloads with a different ?r= gave the same result) and without a full series for PKN, XTB, KRU, ASB, CBF, APR, MRB, GPW, BDX, CAR (indicators from the repo through 4 Nov); (c) universe analyzed: approx. 25 companies with computed indicators + 4 indices — below the assumed 45–85 names.
Unverified/unavailable: copper (LME/COMEX), US futures and the 6 Nov European open, NBP table, final dates of Polish CPI/GDP and the official MPC calendar (2 Dec from the pattern), PKO Q3 result/date, ESPI announcements from 5–6 Nov for most companies, SMA100/SMA200 (unavailable for GPW in free sources), DNP indicators (no history in the repo). Fundamentals of LPP, MBK, ALE, BFT, CDR carried over from the 5 Nov report (source dates given alongside each company); ING, ACP — fundamentals not refreshed.
Regime: US data (S&P −4.36%, VIX 28.2) come from several consistent secondary sources; levels are consistent with the 4 Nov close from the previous report (S&P 7,688.62 → 7,353.73). The 6 Nov GPW session may change many levels; before placing any limit, check prices after the open.

Screening exercise under the given framework, not investment advice.