Overview
The 20-Week Breakout scan generated 130 total signals on 2026-09-06, split between 71 bullish (54.6%) and 59 bearish (45.4%) moves. This places the tape in balanced territory — institutional flows are mixed rather than aggressively one-sided, consistent with the broader “Cautious” SA Regime reading where only 49.9% of stocks trade above their SMA-40.
Sentiment reads Bullish/Neutral, and capital is rotating toward Energy (2.4% ATR%), Health Care (2.0%) and Communication Services (1.2%), while Industrials, Real Estate and Utilities show clear distribution. Notably, none of today’s top bullish dollar-movers originate from the leading Energy or Communication Services groups — Health Care is the only leading sector represented (ALNY, ASND), which tempers conviction on the broader list.
Quality Score: 3/5. A near-even bull/bear split combined with a Cautious regime calls for selectivity — high absolute dollar moves are present, but institutional fund-count data is undefined across the board, and several top movers (PWR, FIX) show negative ATR multiples, signaling extended, low-momentum breakouts rather than fresh accumulation.
Top 5 Bullish Picks
DE ($693.68) — MACHINE / Machinery-Constr/Mining/Farming
Deere posted a $693.68 print with a strong 4.22 ATR multiple on below-average relative volume (0.8x), suggesting steady institutional accumulation rather than a volume spike. The stock sits just -1.7% from its 52-week high and is up 60.2% from its 52-week low, confirming a durable uptrend in the Machinery group.
| Level | Price |
|---|---|
| Current | $693.68 |
| Risk (2x ATR) | $653.92 |
| Target (3x ATR) | $753.32 |
Institutional Interest: Fund count and % increase undefined; bucket funds_1000 indicates broad institutional coverage universe.
AGCO ($133.47) — MACHINE / Machinery-Constr/Mining/Farming
AGCO’s 5.54 ATR multiple and 2.2x relative volume mark the strongest volume-confirmed breakout on the list, with 2,014,033 shares traded versus a 907,930 average. Trading 35.9% above its 52-week low and only -7.2% off highs, this is a sector-wide confirmation alongside DE.
| Level | Price |
|---|---|
| Current | $133.47 |
| Risk (2x ATR) | $124.25 |
| Target (3x ATR) | $147.30 |
Institutional Interest: Fund count undefined; bucket funds_500 suggests a smaller but active institutional base.
DELL ($523.93) — COMPUTER / Computer-Hardware/Perip
Dell surged on heavy volume (10.9M vs 7.7M average, 1.4x relative) with a 3.14 ATR multiple, trading just -1.3% from its 52-week high and a remarkable 375.4% above its 52-week low, reflecting sustained hardware-cycle strength.
| Level | Price |
|---|---|
| Current | $523.93 |
| Risk (2x ATR) | $459.75 |
| Target (3x ATR) | $620.20 |
Institutional Interest: Fund count undefined; bucket all_unique_bucket_1_stocks.
ASND ($270.56) — MEDICAL / Profitable Biotech
Ascendis Pharma broke out with a 1.68 ATR multiple and above-average volume (719,167 vs 661,040 avg, 1.1x rel), positioned in Health Care — the second-strongest sector by ATR%. Trading just -4.1% off 52-week highs and up 45.4% from lows.
| Level | Price |
|---|---|
| Current | $270.56 |
| Risk (2x ATR) | $254.34 |
| Target (3x ATR) | $294.89 |
Institutional Interest: Fund count undefined; bucket all_unique_bucket_1_stocks.
ALNY ($266.11) — MEDICAL / Profitable Biotech
Alnylam remains volatile with a 68.9% LOD Risk ATR%, but its 4.0% ADR% and 34.5% gain off 52-week lows reflect continued sector rotation into biotech. Modest ATR multiple (0.64) suggests early-stage momentum rather than an extended move.
| Level | Price |
|---|---|
| Current | $266.11 |
| Risk (2x ATR) | $242.63 |
| Target (3x ATR) | $301.33 |
Institutional Interest: Fund count undefined; bucket all_unique_bucket_1_stocks.
Bearish Alerts
LULU (-2.57 ATR multiple, 9.8x relative volume) shows the most severe distribution signal on the list, trading -55.5% off its 52-week high on massive volume — a clear institutional exit. SYK (-2.41 ATR multiple) in Medical-Products also broke down despite the sector’s leadership status elsewhere, highlighting stock-specific weakness. ADSK (-1.11 ATR multiple, 1.6x rel volume) confirms ongoing Software-group softness, while MCO and APPF round out weakness in Finance and Enterprise Software respectively.
Software and Retail/Apparel are the clearest bearish sectors today, aligning with the Cautious regime’s warning on Industrials, Real Estate and Utilities.
Sector Theme
Machinery (DE, AGCO) and Computer Hardware (DELL, SNDK) dominate bullish dollar moves, while Health Care biotech names (ALNY, ASND) validate the regime’s top-sector signal. Building/Construction names (PWR, FIX) appear on the bullish list by dollar size but carry negative ATR multiples, indicating exhaustion rather than fresh strength — treat with caution. Software is the standout bearish sector, confirming rotation out of high-multiple growth names.
Institutional Summary
Fund count and % increase data is undefined across all signals today, limiting direct institutional accumulation confirmation. Bucket classifications offer a proxy: DE (funds_1000) and AGCO (funds_500) suggest the broadest institutional footprints among today’s top movers, while most remaining picks fall into the all_unique_bucket_1_stocks tier, implying earlier-stage or less broadly held positions. Investors should corroborate with independent fund-flow data before sizing positions in this Cautious regime.