Overview
The 20-Week Breakout scan generated 130 total signals on 2026-09-05, split between 71 bullish (54.6%) and 59 bearish (45.4%) moves. This places the market in a balanced institutional sentiment zone — buyers and sellers are both active, favoring selective stock-picking over broad-based momentum plays.
The SA Regime reads Cautious, with breadth at just 49.9% of stocks above their SMA-40 and sentiment described as Bullish/Neutral. Leadership is concentrated in Energy (2.4% ATR%), Health Care (2.0%), and Communication Services (1.2%), while Industrials, Real Estate, and Utilities show clear distribution. This divergence confirms a rotational, non-uniform tape.
Quality Score: 3/5. The 54.6% bullish tilt is constructive but not overwhelming, and in a Cautious regime only the highest-conviction setups warrant aggressive sizing. Institutional fund-count data was unavailable across all scanned names today, limiting conviction confirmation — treat breakout signals as technically valid but institutionally unconfirmed until fund flow data refreshes.
Top 5 Bullish Picks
DE ($693.68) — Machinery-Constr/Mining/Farming
Weekly Momentum: Deere posted a powerful 4.22 ATR-multiple weekly move, signaling a decisive breakout well above normal volatility. Price sits just 1.7% below its 52-week high and is up 60.2% off its 52-week low, confirming strong sustained uptrend structure despite below-average relative volume (0.8x).
| Level | Price |
|---|---|
| Stop (1x ATR) | $673.80 |
| Entry | $693.68 |
| Target (2x ATR) | $733.44 |
Institutional Interest: Bucket funds_1000; fund count and % increase data undefined — monitor for confirmation.
AGCO ($133.47) — Machinery-Constr/Mining/Farming
Weekly Momentum: AGCO logged the sector’s strongest breakout with a 5.54 ATR multiple and 2.2x relative volume — clear evidence of aggressive accumulation. Up 35.9% from its 52-week low with room to the high (-7.2%), this is the highest-conviction setup in today’s scan.
| Level | Price |
|---|---|
| Stop (1x ATR) | $128.86 |
| Entry | $133.47 |
| Target (2x ATR) | $142.69 |
Institutional Interest: Bucket funds_500; fund count and % increase undefined — heavy volume suggests institutional participation despite missing fund data.
DELL ($523.93) — Computer-Hardware/Perip
Weekly Momentum: DELL broke out on a 3.14 ATR multiple with 1.4x relative volume (10.9M vs 7.7M avg), a strong volume confirmation. Trading just 1.3% off its 52-week high and up an extraordinary 375.4% off its 52-week low, this remains a premier COMPUTER-sector leader.
| Level | Price |
|---|---|
| Stop (1x ATR) | $491.84 |
| Entry | $523.93 |
| Target (2x ATR) | $588.11 |
Institutional Interest: Bucket all_unique_bucket_1_stocks; fund metrics undefined, but volume and price-strength imply institutional support.
ASND ($270.56) — Medical – Profitable Biotech
Weekly Momentum: Ascendis Pharma broke out with a 1.68 ATR multiple on 1.1x relative volume, trading just 4.1% below its 52-week high. The stock’s 45.4% gain off its 52-week low reflects durable biotech strength, though elevated LOD Risk ATR% (50.1%) warns of intraday volatility.
| Level | Price |
|---|---|
| Stop (1x ATR) | $262.45 |
| Entry | $270.56 |
| Target (2x ATR) | $286.78 |
Institutional Interest: Bucket all_unique_bucket_1_stocks; fund data undefined — treat as technical breakout pending confirmation.
SNDK ($1740.00) — Computer-Hardware/Perip
Weekly Momentum: SanDisk delivered a massive dollar move with a 1.64 ATR multiple and above-average 1.1x relative volume (15.8M vs 13.9M avg). The staggering 3032.3% gain off its 52-week low reflects an explosive multi-month re-rating, though it remains 26.1% below its 52-week high, leaving room to run.
| Level | Price |
|---|---|
| Stop (1x ATR) | $1610.10 |
| Entry | $1740.00 |
| Target (2x ATR) | $1999.80 |
Institutional Interest: Bucket all_unique_bucket_1_stocks; fund count undefined, but high dollar volume signals institutional-scale participation.
Bearish Alerts
LULU stands out with a severe -2.57 ATR multiple on an extreme 9.8x relative volume spike — a strong distribution signal, with price now -3.7% below its 52-week low. SYK (-2.41 ATR multiple) and ADSK (-1.11 ATR multiple, 1.6x rel volume, -33.8% from 52-week high) show clear institutional selling in Medical-Products and Software. MCO and APPF posted milder pullbacks (0.37 and 2.78 ATR multiples respectively) despite bearish dollar signals, suggesting less-urgent weakness.
Sectors showing weakness: Software (ADSK, APPF), Retail-Apparel (LULU), and Medical-Products (SYK) are the primary areas of concern, aligning with the broader Cautious regime and soft Industrials/Real Estate/Utilities readings.
Sector Theme
Momentum is concentrated in Machinery (DE, AGCO) and Computer-Hardware (DELL, SNDK), both benefiting from strong dollar-volume breakouts despite the regime’s Cautious backdrop. Health Care leadership (per sector ATR%) is echoed in ASND’s biotech strength. Meanwhile, Software and Retail names are showing the sharpest distribution, consistent with the regime’s weak-breadth signal (49.9% above SMA-40). This bifurcated tape rewards sector-selective positioning over broad exposure.
Institutional Summary
Fund count and funds % increase data were undefined across all scanned tickers today, limiting direct institutional confirmation. However, relative volume proxies point to AGCO (2.2x), LULU (9.8x, bearish), and DELL (1.4x) as the names with the clearest signs of large-scale participation. Bucket classifications (funds_1000 for DE, funds_500 for AGCO) suggest broader institutional coverage on these two Machinery names, warranting closer monitoring as fund data becomes available.