Overview
The 20-Week Breakout scan registered 155 total signals on 2026-10-05, split between 118 bullish (dollar_20_wk + pct_20_wk) and 37 bearish (dollar_d20_wk + pct_d20_wk) moves. The resulting 76.1% bullish ratio would normally signal aggressive institutional buying and strong momentum. However, this reading sits in direct tension with the SA Regime classification of Bearish, where breadth is thin at 23.9% of stocks above SMA-40 despite a Bullish/Bullish sentiment reading.
This divergence — strong breakout counts against weak breadth — suggests narrow, concentrated leadership rather than broad market health. Leading sectors (Technology +2.6% ATR%, Health Care +1.6%) are absorbing capital while Industrials, Utilities, and Real Estate bleed (-2.1% to -4.1% ATR%), confirming a rotation into growth/quality names even as the broader tape struggles.
Quality Score: 3/5. Per regime guidance, Bearish/Correction conditions cap conviction at 3 regardless of signal volume. Institutional fund data across every top mover shows 0 confirmed funds with undefined accumulation percentages, which removes a key confirmation layer. Signal count and sector breadth (Chips, Electronics, Medical, Building) are constructive, but the headline breadth weakness and lack of institutional fund corroboration keep this a selective, not aggressive, setup.
Top 5 Bullish Picks
UTHR ($536.40) — Medical / Profitable Biotech
UTHR posted a dollar-based breakout with a 1.29 ATR multiple move and 3.6% ADR%, trading at 1.3x relative volume (798,566 vs 625,050 avg). The stock remains 12.0% below its 52-week high but is up 31.1% off its 52-week low, indicating a recovery trend rather than fresh highs — consistent with sector strength in Health Care.
| Level | Price |
|---|---|
| Current | $536.40 |
| Risk (1.5x ATR) | $505.68 |
| Target (2x ATR) | $577.36 |
Institutional Interest: Bucket funds_1000; fund count and % increase data undefined — no confirmed institutional accumulation signal in this dataset.
CAMT ($162.05) — Electronics / Scientific Measuring
CAMT’s 2.00 ATR multiple breakout is the strongest in the list, backed by 3.8% ADR% and 1.4x relative volume (634,795 vs 449,070 avg). Down 25.0% from 52-week highs but up a sharp 76.3% off lows, this reflects aggressive mean-reversion buying in semiconductor equipment supply chains.
| Level | Price |
|---|---|
| Current | $162.05 |
| Risk (1.5x ATR) | $150.35 |
| Target (2x ATR) | $177.65 |
Institutional Interest: Bucket N/A; fund count undefined — no listed institutional tier.
MKSI ($280.50) — Chips / Semiconductor Equipment
MKSI shows elevated LOD Risk ATR% of 59.6%, flagging intraday volatility risk despite the breakout. Volume is slightly below average (1.09M vs 1.35M, 0.8x rel volume), a caution flag on move conviction. The stock is 37.3% off highs but up 132.0% off lows, showing deep base-building.
| Level | Price |
|---|---|
| Current | $280.50 |
| Risk (1.5x ATR) | $263.14 |
| Target (2x ATR) | $303.64 |
Institutional Interest: Bucket funds_1000; fund count/accumulation data undefined.
MPWR ($1479.89) — Chips / Semiconductor Fabless
MPWR’s 3.59 ATR multiple is the highest of the session, with 3.7% ADR% confirming genuine volatility expansion. LOD Risk ATR% of 85.9% is extreme, implying wide intraday swings investors must size for. 52W Low comparison (+77.6%) shows this mega-cap chip name is firmly in recovery/breakout mode.
| Level | Price |
|---|---|
| Current | $1,479.89 |
| Risk (1.5x ATR) | $1,398.35 |
| Target (2x ATR) | $1,588.61 |
Institutional Interest: Bucket funds_1000; fund count undefined, no accumulation confirmation.
CLS ($382.52) — Electronics / Contract Manufacturing
CLS combines a 2.96 ATR multiple with the highest ADR% in the group at 5.1%, though relative volume is muted at 0.4x (1.11M vs 2.52M avg) — a move on lighter participation. Down 19.3% from highs but up 66.1% off lows, this contract manufacturer is riding the broader Electronics sector tailwind.
| Level | Price |
|---|---|
| Current | $382.52 |
| Risk (1.5x ATR) | $352.86 |
| Target (2x ATR) | $422.06 |
Institutional Interest: Bucket all_unique_bucket_1_stocks; fund count/% increase undefined.
Bearish Alerts
Five notable breakdown signals warrant defensive attention. NOC (-4.69 ATR multiple) leads the weakness in Aerospace/Defense, trading just 1.3% above its 52-week low after a steep 38.5% retreat from highs — a sharp reversal in a historically defensive sector. REGN (-2.60 ATR multiple) in Medical Biotech and APP (-2.51 ATR multiple) in Specialty Enterprise Software both show high-velocity selling with relative volume above 1.2x, confirming distribution rather than quiet drift. STX and LLY show milder ATR multiples (0.59 and -0.96) but remain on the bearish watchlist given sector context.
Sector-wise, Aerospace/Defense and Specialty Software are showing the most acute breakdown pressure, aligning with broader weakness in Industrials, Utilities, and Real Estate flagged in the regime data.
Sector Theme
Momentum is heavily concentrated in Chips (MKSI, MPWR, SITM), Electronics (CAMT, CLS, LFUS), Medical (UTHR, MCK), and Building (FIX, STRL) — directly mirroring the Technology and Health Care sector leadership (+2.6% and +1.6% ATR%) identified in the regime data. This is a narrow-breadth, growth-concentrated rally rather than a broad-based advance, reinforcing the capped quality score.
Institutional Summary
Across all top bullish and bearish tickers, confirmed institutional fund counts register as 0 with undefined accumulation percentages. This is a data limitation rather than a bearish signal, but it means today’s breakout list lacks independent institutional confirmation. Bucket classifications (funds_1000, funds_500, all_unique_bucket_1_stocks) suggest tiered watchlist placement for UTHR, MKSI, MPWR, MCK, CLS, FIX, SITM, and STRL, but traders should treat these as technically-driven setups pending fund-flow confirmation in subsequent sessions.