20-Week Breakout Analysis — 2026-11-01

Overview

Today’s 20-Week Breakout scan recorded 237 total signals: 111 bullish (dollar_20_wk + pct_20_wk) versus 126 bearish (dollar_d20_wk + pct_d20_wk). The bullish share stands at 46.8%, placing the tape squarely in balanced-to-slightly-bearish territory rather than a clean distribution or accumulation signal.

This aligns with the SA Regime reading of Cautious: breadth of just 49.7% above SMA-40 and Very Bearish/Neutral sentiment confirm that institutions are not committing broadly to new longs. Leadership is rotating defensively into Utilities (3.5% ATR%), Materials (3.0%), and Consumer Staples (2.6%), while Financials, Communication Services, and Technology lag — none of which host today’s top bullish names, underscoring a narrow, idiosyncratic breakout environment rather than broad sector thrust.

Quality Score: 3/5. Under Cautious regime rules, only the highest-conviction setups should score 4+. REGN and ICLR, both high-ATR-multiple biotech movers with elevated relative volume, meet that bar; the remainder are tradable but require tight risk control given the weak breadth backdrop and lack of confirmed institutional fund accumulation data (all tickers show 0 funds / undefined increase in this dataset).

Top 5 Bullish Picks

REGN ($927.89) — MEDICAL / Medical - Profitable Biotech

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Weekly Momentum: REGN posted the strongest signal in today’s scan, ATR Multiple 5.81, on relative volume of 4.0x (2,847,983 vs 718,710 avg). The stock sits just 8.0% above its 52-week high and 56.9% above its 52-week low, confirming a fresh breakout with strong participation.

Level	Price
Stop Loss	$900.79
Entry/Current	$927.89
Target 1 (1.5x ATR)	$968.54
Target 2 (3x ATR)	$1,009.19

Institutional Interest: 0 funds reported; funds % and increase undefined. Bucket: funds_1000.

ICLR ($211.36) — MEDICAL / Medical - Research

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Weekly Momentum: ICLR’s ATR Multiple of 5.09 and relative volume of 2.9x (2,578,154 vs 904,280 avg) mark a decisive dollar breakout. Trading only 3.5% below its 52-week high and up 217.5% from its 52-week low, this is the most extended name on the list.

Level	Price
Stop Loss	$201.84
Entry/Current	$211.36
Target 1 (1.5x ATR)	$225.64
Target 2 (3x ATR)	$239.92

Institutional Interest: 0 funds reported; funds % and increase undefined. Bucket: funds_500.

CSL ($376.20) — MISC / Diversified Operations

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Weekly Momentum: ATR Multiple 3.96 on near-average relative volume (0.9x), suggesting a steady, low-drama breakout. Still 13.1% off 52-week highs with 28.2% upside from the 52-week low, offering a less extended entry versus peers.

Level	Price
Stop Loss	$365.09
Entry/Current	$376.20
Target 1 (1.5x ATR)	$392.87
Target 2 (3x ATR)	$409.53

Institutional Interest: 0 funds reported; funds % and increase undefined. Bucket: funds_1000.

CACI ($675.06) — BUSINS SVC / Computer-Tech Services

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Weekly Momentum: ATR Multiple 2.67 with below-average relative volume (0.6x), and the stock is just 1.2% off its 52-week high — a quality trend continuation rather than a volume-driven spike. 52-week low upside of 55.3% confirms a durable uptrend.

Level	Price
Stop Loss	$654.67
Entry/Current	$675.06
Target 1 (1.5x ATR)	$705.65
Target 2 (3x ATR)	$736.23

Institutional Interest: 0 funds reported; funds % and increase undefined. Bucket: funds_500.

TDY ($658.00) — AEROSPACE/DEFENSE

Weekly Momentum: ATR Multiple 2.67 with 1.6x relative volume (468,241 vs 302,160 avg). Trading 5.7% below its 52-week high with 36.2% cushion above the 52-week low, TDY’s low ADR% (1.7%) signals a controlled, institutional-style grind higher.

Level	Price
Stop Loss	$642.14
Entry/Current	$658.00
Target 1 (1.5x ATR)	$681.79
Target 2 (3x ATR)	$705.58

Institutional Interest: 0 funds reported; funds % and increase undefined. Bucket: funds_1000.

Bearish Alerts

Five names flagged sharp distribution. RDDT ($91.65) is the most alarming, down 65.2% from its 52-week high with a -3.61 ATR Multiple yet elevated 5.4x relative volume — a high-conviction breakdown. LSTR ($142.70) and MDGL ($430.36) both show -3.6x+ ATR multiples, confirming forceful selling. ADBE ($250.23) and UNF ($255.00) show milder but still negative ATR multiples (-0.45 and -1.15). Weakness clusters in Software/Internet and Transportation/Services — consistent with the regime’s bottom-ranked Technology and Communication Services sectors.

Sector Theme

Bullish breakouts are concentrated in Medical (ICLR, REGN, VRTX), Aerospace/Defense (TDY), and Business Services (CACI) — none overlapping with the regime’s leading defensive sectors (Utilities, Materials, Consumer Staples). This divergence suggests breakout strength is stock-specific rather than sector-driven. Bearish signals, conversely, align with the regime’s weakest sectors (Technology, Communication Services), reinforcing the Cautious stance.

Institutional Summary

No ticker in today’s dataset reports active institutional fund counts (all list 0 funds, with funds % and increase undefined). Bucket classifications (funds_500, funds_1000) indicate these names are tracked within standard institutional-size tiers, but no confirmed accumulation signal is present today. Traders should treat these breakouts as price/volume-driven setups rather than institutionally-confirmed trends until fund data refreshes.

Signals