Overview
The market delivered 244 total 20-week breakout signals on February 25, 2026, with a strongly bullish skew: 179 bullish signals versus 65 bearish signals. This 73% bullish ratio suggests broad momentum expansion across extended timeframes, though the composition reveals significant quality concerns.
The signal set is heavily dominated by leveraged ETFs and specialized financial products rather than operating companies. Of the top bullish movers, seven are ETFs or ETNs showing extreme volatility characteristics—many down 70-90% from 52-week highs despite recent breakouts. Only two operating companies appear: MOG-A (Aerospace & Defense) and BLBX (Financial Software). This pattern suggests momentum is concentrated in speculative vehicles rather than fundamental business performance, warranting heightened caution despite the bullish headline numbers.
Top 5 Bullish Picks
MOG-A ($346.08) — Industrials/Aerospace & Defense
MOG-A stands as the sole legitimate operating company breakout, triggering a dollar-based 20-week signal with a powerful 7.20 ATR multiple. The stock trades just 1.1% below its 52-week high after advancing 140.9% from lows, demonstrating sustained institutional accumulation in the aerospace sector. The 3.6% average daily range indicates measured, controlled momentum rather than speculative volatility.
The 102.7% LOD Risk ATR percentage reflects strong conviction—price is extended more than one full ATR above the breakout low. Volume confirmation appears solid at 219,767 shares (1.0x relative volume). The lack of institutional fund data limits visibility, but the price action itself suggests professional participation.
| Level | Price | Calculation |
|---|---|---|
| Current Price | $346.08 | — |
| ATR Support | $336.62 | Price – ATR ($9.46) |
| 2 ATR Stop | $327.16 | Price – 2×ATR |
| 1 ATR Target | $355.54 | Price + ATR |
| 2 ATR Target | $365.00 | Price + 2×ATR |
BLBX ($18.15) — Software/Financial Software
BLBX delivers the most impressive fundamental breakout with a stunning 631.9% surge from 52-week lows, trading just 4.1% below highs. The percentage-based 20-week signal comes with a 2.09 ATR multiple, confirming strong technical momentum. The 11.3% average daily range suggests sustained volatility within manageable parameters.
Critical concern: volume shows 0 shares traded on breakout day despite a 138,610 average, indicating potential data reporting issues or extreme illiquidity. The 106.4% LOD Risk ATR percentage shows full extension. With no institutional fund data and questionable liquidity, this remains a high-risk, high-reward speculation suitable only for nimble traders with tight risk controls.
| Level | Price | Calculation |
|---|---|---|
| Current Price | $18.15 | — |
| ATR Support | $16.54 | Price – ATR ($1.61) |
| 2 ATR Stop | $14.93 | Price – 2×ATR |
| 1 ATR Target | $19.76 | Price + ATR |
| 2 ATR Target | $21.37 | Price + 2×ATR |
WULX ($32.68) — Miscellaneous/Finance ETF
WULX represents the highest-quality ETF breakout with minimal institutional presence (2 funds holding 99.0% institutional ownership). The percentage-based 20-week signal shows 2.2x relative volume expansion to 668,193 shares, confirming genuine interest. Trading 24.4% below 52-week highs after a 117.3% advance from lows demonstrates recovery momentum.
The 23.7% average daily range and $4.93 ATR create wide profit/loss swings requiring disciplined position sizing. The 0.44 ATR multiple indicates consolidation near breakout levels, while 66.3% LOD Risk ATR percentage shows moderate extension. Best suited for tactical momentum trades rather than core holdings.
| Level | Price | Calculation |
|---|---|---|
| Current Price | $32.68 | — |
| ATR Support | $27.75 | Price – ATR ($4.93) |
| 2 ATR Stop | $22.82 | Price – 2×ATR |
| 1 ATR Target | $37.61 | Price + ATR |
| 2 ATR Target | $42.54 | Price + 2×ATR |
APLZ ($19.42) — Financial/Exchange Traded Fund
APLZ shows controlled momentum with a -0.29 ATR multiple (consolidating below recent highs) after triggering a percentage-based 20-week breakout. The 77.2% advance from 52-week lows leaves the ETF 37.4% below highs, suggesting room for continuation if sector conditions support. Volume at 0.5x relative suggests accumulation rather than speculative chase.
The 24.9% average daily range creates volatility opportunities, while the 3.2% LOD Risk ATR percentage indicates minimal extension—price remains very close to breakout lows, offering favorable risk/reward entry. The $3.92 ATR provides clear stop parameters. Zero institutional fund data limits conviction assessment.
| Level | Price | Calculation |
|---|---|---|
| Current Price | $19.42 | — |
| ATR Support | $15.50 | Price – ATR ($3.92) |
| 2 ATR Stop | $11.58 | Price – 2×ATR |
| 1 ATR Target | $23.34 | Price + ATR |
| 2 ATR Target | $27.26 | Price + 2×ATR |
PYPG ($6.60) — Miscellaneous/Finance ETF
PYPG delivers the strongest volume confirmation with 2.4x relative volume (1.76M shares vs. 722K average) despite a concerning -4.77 ATR multiple indicating breakdown below support levels. The percentage-based 20-week signal appears contradictory to the negative ATR positioning, suggesting potential mean-reversion setup or data anomaly.
The 6.4% average daily range (lowest among top picks) and $0.59 ATR create tight technical parameters. Trading 71.0% below 52-week highs after a 49.7% bounce from lows shows damaged long-term structure. The 42.0% LOD Risk ATR percentage with negative multiple suggests elevated failure risk. Suitable only for short-term contrarian plays with strict stops.
| Level | Price | Calculation |
|---|---|---|
| Current Price | $6.60 | — |
| ATR Support | $6.01 | Price – ATR ($0.59) |
| 2 ATR Stop | $5.42 | Price – 2×ATR |
| 1 ATR Target | $7.19 | Price + ATR |
| 2 ATR Target | $7.78 | Price + 2×ATR |
Bearish Alerts
The 65 bearish signals concentrate heavily in Financial and Miscellaneous ETF categories, mirroring the bullish side’s composition. Leading decliners include IREZ ($24.22) down 39.0% from highs, NBIZ ($15.84) down 60.4%, and PANG ($6.51) down 65.3%—all ETFs showing 20-week breakdowns.
CRWL demonstrates the most concerning technical setup with a -2.04 ATR multiple and 2.4x relative volume spike on the breakdown, confirming aggressive selling. RGTZ shows mixed signals: bearish 20-week break despite trading 155.3% above 52-week lows with minimal institutional presence (2 funds).
The Financial and Miscellaneous ETF sectors dominate bearish signals, suggesting rotation away from leveraged products and specialized funds. No traditional operating company sectors show concentrated weakness, indicating sector-specific rather than broad market deterioration.
Sector Theme
The breakout landscape reveals extreme bifurcation: Aerospace & Defense delivers the sole high-quality industrial breakout (MOG-A), while Financial Software contributes one speculative play (BLBX). The overwhelming dominance of Financial ETFs and Miscellaneous ETF/ETN products on both bullish and bearish sides indicates momentum concentration in derivative instruments rather than underlying businesses.
This pattern typically emerges during late-cycle volatility expansions when speculative interest shifts to leveraged vehicles offering amplified returns. The absence of Technology, Healthcare, Consumer, or Energy operating companies from top signals suggests narrow leadership vulnerable to rapid reversals. Investors should interpret the 73% bullish ratio cautiously—momentum breadth remains concentrated rather than broad-based.
Institutional Summary
Institutional data proves remarkably sparse across all breakouts, with most tickers showing zero fund ownership or undefined metrics. The two exceptions—WULX (2 funds, 99.0% institutional ownership) and RGTZ (2 funds, bearish signal)—provide insufficient data for meaningful trend analysis.
The institutional void suggests these breakouts occur primarily in retail-dominated, thinly-traded instruments rather than large-cap, professionally-managed portfolios. For MOG-A and BLBX (the operating companies), the lack of institutional transparency creates information asymmetry risks. Traders should demand tighter risk management and smaller position sizes when institutional validation remains absent, regardless of technical signal strength.