20-Week Breakout Analysis — 2026-11-10

Overview

The 20-Week Breakout scan produced 399 total signals: 182 bullish (45.6%) and 217 bearish (54.4%). This falls in the balanced range (40-70% bullish), though it leans bearish, pointing to mixed institutional sentiment and selective opportunities rather than broad accumulation.

The SA regime is Cautious, with 58.5% of stocks above SMA-40 and sentiment reading Very Bearish / Neutral. Defensive sectors lead on ATR%: Consumer Staples (3.3%), Utilities (3.0%) and Health Care (2.6%). Industrials (-0.3%), Energy (-1.4%) and Technology (-1.9%) lag.

Quality Score: 2/5. Signal count is healthy, but the bullish/bearish split tilts negative, leadership is defensive, and most top movers are ETFs/ETNs with 0 institutional funds. The Cautious regime means only the highest-conviction setups merit a 4+.

Top 5 Bullish Picks

Only CSQR and LYNX show institutional ownership. Three of the remaining picks have 0 funds, so risk should be sized accordingly. Targets are ATR-based (stop = price minus 1 ATR; targets = price plus 1 and 2 ATR).

CSQR ($17.52) — Internet / Internet-Network Sltns

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Weekly Momentum: A pct_20_wk signal on Rel Volume of 4.1 (6,628,556 shares vs. 1,617,480 average) shows real participation. ATR Multiple is a modest 0.72, so the move is not extended. The stock sits 25.4% below its 52-week high and 42.4% above its low.

Level	Price
ATR	$1.29
Risk (stop)	$16.23
Target 1	$18.81
Target 2	$20.10

Institutional Interest: 114 funds, 35.7% funds %, the strongest ownership on the list. Funds % increase: undefined. Bucket: N/A.

LYNX ($14.92) — Aerospace/Defense

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Weekly Momentum: A pct_20_wk move at 2.64 ATR, only 6.8% below its 52-week high and 70.5% above its low. Rel Volume of 0.6 (485,994 shares) shows light confirmation, so follow-through needs watching.

Level	Price
ATR	$1.17
Risk (stop)	$13.75
Target 1	$16.09
Target 2	$17.26

Institutional Interest: 15 funds, 3.9% funds %. Funds % increase: undefined. Bucket: N/A.

BOBS ($21.24) — Retail / Home Furnishings/Electronics

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Weekly Momentum: A pct_20_wk signal at an ATR Multiple of 7.24 with Rel Volume of 1.9, and 118.1% above its 52-week low. The move is highly extended, and LOD Risk ATR% of 99.0% implies a wide stop distance.

Level	Price
ATR	$1.04
Risk (stop)	$20.20
Target 1	$22.28
Target 2	$23.32

Institutional Interest: 0 funds reported. Funds % increase: undefined. Bucket: N/A.

BRK-B ($583.61) — Financial / Insurance - Diversified

Weekly Momentum: A dollar_20_wk signal, trading 0.5% below its 52-week high and 25.8% above its low. ADR% of just 1.1% makes this a low-volatility leader and a fit for the defensive tone. ATR Multiple is 6.56 and Rel Volume 0.9.

Level	Price
ATR	$10.01
Risk (stop)	$573.60
Target 1	$593.62
Target 2	$603.63

Institutional Interest: 0 funds reported in the data. Funds % increase: undefined. Bucket: N/A.

RAMZ ($24.18) — ETF/ETN/CEF / Finance-ETF / ETN

Weekly Momentum: A pct_20_wk signal at 3.61 ATR, 27.8% below its 52-week high and 93.0% above its low. Rel Volume is 0.5 (256,531 shares), so conviction is limited.

Level	Price
ATR	$2.60
Risk (stop)	$21.58
Target 1	$26.78
Target 2	$29.38

Institutional Interest: 0 funds reported. Funds % increase: undefined. Bucket: N/A.

Bearish Alerts

All five top bearish signals are Finance-ETF / ETN products with 0 institutional funds:

• RAML ($5.72): ATR Multiple -2.88, Rel Volume 3.6, 64.3% below its 52-week high.
• SKHX ($7.40): ATR Multiple -2.44, Rel Volume 1.4, 68.2% below its high.
• SKUU ($12.58): ATR Multiple -2.42, Rel Volume 0.9, 67.6% below its high.
• GEVX ($11.35): ATR Multiple -1.78, Rel Volume 2.5, 63.2% below its high.
• LITG ($5.47): ATR Multiple -1.69, Rel Volume 2.1, 78.5% below its high.

Heavy relative volume on RAML (3.6), GEVX (2.5) and LITG (2.1) suggests active distribution. The weakness is concentrated in leveraged or single-stock-linked ETF products, and broader sector weakness shows in Industrials, Energy and Technology.

Sector Theme

Momentum is fragmented. Leadership by ATR% sits in defensive sectors (Consumer Staples, Utilities, Health Care), while cyclical sectors lag. Bullish movers span Internet, Aerospace/Defense, Retail, Financial and a heavy ETF/ETN contingent. With 217 bearish signals against 182 bullish and a Cautious regime, expect selective, stock-specific opportunities rather than a broad breakout environment.

Institutional Summary

• CSQR: 114 funds, 35.7% funds %, the clear institutional leader.
• LYNX: 15 funds, 3.9% funds %.
• BOBS, BRK-B, RAMZ and the other ETF movers show 0 funds in the data, and funds % increase is undefined for all tickers, so no accumulation trend can be confirmed.

CSQR is the highest-conviction setup on volume and ownership, but the Cautious regime argues for disciplined position sizing and respect for the stop levels above.

Signals