Overview
The 20-Week Breakout scan generated 316 total signals on 2026-08-21, split between 150 bullish (47.5%) and 166 bearish (52.5%) setups. This near-even split, with a slight tilt toward bearish, reflects a balanced institutional posture rather than outright accumulation or distribution. Combined with the SA Regime reading of Cautious and breadth sitting at just 54.9% above SMA-40, the tape is showing selective rotation rather than broad-based conviction.
Sector leadership is concentrated in Health Care (3.6% ATR%), Energy (3.4%), and Communication Services (2.4%), while Technology (-1.1%) and Utilities (-2.4%) lag. Notably, today’s top bullish movers skew toward ETFs, small-cap biotech, and speculative software names rather than the leading sectors flagged by the regime model — a divergence that warrants caution.
Quality Score: 3/5. The near-balanced bullish/bearish ratio, thin institutional participation across most top movers (majority show 0-1 funds), and the cautious regime backdrop all argue for selectivity. Only the highest-conviction, volume-confirmed setups should be sized aggressively today.
Top 5 Bullish Picks
SUJA ($7.68) — FOOD/BEV / Beverages-Non-Alcoholic
Weekly Momentum: SUJA posted a strong pct_20_wk breakout on 2.0x relative volume (1,007,264 vs 494,030 avg), with an ADR% of 11.3% signaling active daily ranges. Despite a negative ATR Multiple of -1.47, the stock remains 37.4% above its 52-week low, suggesting a base-building recovery attempt rather than a blow-off top.
| Level | Price |
|---|---|
| Stop (Risk) | $6.82 |
| Entry | $7.68 |
| Target 1 | $8.54 |
| Target 2 | $9.40 |
Institutional Interest: 43 funds — by far the highest institutional count in today’s bullish list, with funds holding 48.6% of the float. This is the most institutionally-backed name in the group.
AIAI ($6.62) — SOFTWARE / Comp Sftwr – Financial
Weekly Momentum: AIAI exploded on an extraordinary 42.6x relative volume spike (12,850,841 shares vs 301,980 avg), the largest volume anomaly in today’s scan. ADR% of 20.5% confirms elevated volatility, though LOD Risk ATR% of 153.8% signals wide intraday swings and elevated risk.
| Level | Price |
|---|---|
| Stop (Risk) | $5.43 |
| Entry | $6.62 |
| Target 1 | $7.81 |
| Target 2 | $9.00 |
Institutional Interest: 8 funds, holding 2.0% of shares. Bucket data unavailable, but volume surge suggests fresh speculative interest rather than long-term accumulation.
MSBT ($22.08) — Financial / Exchange Traded Fund
Weekly Momentum: MSBT gained on 2.1x relative volume (1,244,245 vs 588,020 avg) with a strong 7.46 ATR Multiple, indicating a clean directional move relative to its typical daily range. Low ADR% of 2.0% and tight LOD Risk ATR% of 35.0% point to a more controlled, lower-volatility breakout.
| Level | Price |
|---|---|
| Stop (Risk) | $21.48 |
| Entry | $22.08 |
| Target 1 | $22.68 |
| Target 2 | $23.28 |
Institutional Interest: 1 fund holding 0.1% of shares — minimal institutional footprint. Move is largely technical/volume-driven.
XRPT ($35.22) — ETF/ETN/CEF / Finance-ETF / ETN
Weekly Momentum: XRPT surged on 7.7x relative volume (1,126,386 vs 147,240 avg) with a 6.95 ATR Multiple, one of the strongest volume-confirmed setups in today’s scan. Still down 91.2% from its 52-week high, indicating this is a sharp bounce off depressed levels.
| Level | Price |
|---|---|
| Stop (Risk) | $32.78 |
| Entry | $35.22 |
| Target 1 | $37.66 |
| Target 2 | $40.10 |
Institutional Interest: 0 funds reported. Purely a technical/volume-driven breakout with no institutional confirmation.
BMNG ($23.41) — ETF/ETN/CEF / Finance-ETF / ETN
Weekly Momentum: BMNG posted the highest ATR Multiple in the bullish group at 8.14, with elevated ADR% of 12.5%, though relative volume was modest at 0.7x. The stock remains 93.3% below its 52-week high but 179.0% above its 52-week low, reflecting a sharp recovery from deeply oversold territory.
| Level | Price |
|---|---|
| Stop (Risk) | $21.36 |
| Entry | $23.41 |
| Target 1 | $25.46 |
| Target 2 | $27.51 |
Institutional Interest: 0 funds. Watch for follow-through volume to confirm this is a sustainable base rather than a dead-cat bounce.
Bearish Alerts
The bearish list is dominated entirely by ETF/ETN/CEF vehicles: CWVX ($16.35), AEHG ($10.23), RDWU ($8.11), COHH ($6.04), and BEG ($29.22). All show negative ATR Multiples (ranging from -0.10 to -1.64), and institutional participation is negligible — only BEG carries any fund ownership (2 funds). CWVX’s relative volume of 0.8x and RDWU’s thin 0.2x suggest these declines are occurring on light volume, potentially limiting near-term downside acceleration. However, the sheer concentration of ETF-related weakness across the bearish list signals broader risk-off positioning in leveraged/thematic products.
Sector Theme
Today’s cross-sector picture shows a disconnect between regime-favored sectors (Health Care, Energy, Communication Services) and the actual top movers, which are concentrated in speculative Software, ETF/ETN products, and small-cap biotech/food names. This suggests momentum is currently driven by idiosyncratic, volume-triggered events rather than sector-wide rotation. Technology and Utilities weakness in the regime data aligns with the absence of large-cap tech names among today’s bullish leaders.
Institutional Summary
Institutional accumulation was thin across today’s bullish signals. SUJA leads decisively with 43 funds (48.6% of float), making it the standout institutional pick. AIAI follows distantly with 8 funds (2.0% of float). MSBT and AEHL each show just 1 fund, while VOGX, CRCG, MF, XRPT, FSOL, and BMNG report zero institutional ownership. This pattern reinforces the cautious regime read: today’s breakouts are largely retail/volume-driven rather than institutionally sponsored, favoring tighter risk management and smaller position sizing until fund flows confirm.