Overview
Today’s scan produced 11 continuation breakout signals against a backdrop of a Bearish SA Regime with breadth at just 21.6% above the SMA-40. Despite the cautious macro backdrop, sentiment readings remain Bullish/Bullish, and Technology (2.8% ATR%) and Health Care (0.9% ATR%) are clearly leading the tape while Consumer Discretionary, Utilities, and Real Estate are under pressure. That leadership profile lines up well with today’s signal list, which is heavily tilted toward Chips/Tech and Medical names.
RVOL readings are modest across the board (0.8x–1.5x), so this is not an explosive, high-volume breakout day — it’s a day to be selective and favor institutionally-backed names sitting in leading sectors rather than chasing every signal.
Quality Score: 3/5 (capped per bearish-regime rules). The setups are technically sound, but headwinds in the broader market limit upside conviction until breadth improves.
Sector concentration: Chips/Tech dominates with 4 of 11 names (SIMO, AEHR, TXN, MPWR), supported by Medical (CLOV, ABBV) and scattered representation in Machine, Retail, Chemical, Computer, and Internet. This is a moderately diverse list with a clear tech tilt — consistent with the regime’s top-performing sector.
Top 5 Picks
TXN ($293.80) — Chips / Elec-Semiconductor Mfg
TXN is up 4.4% with ATR%-M of 3.1, the strongest momentum reading in today’s batch, and sits in a “between” zone with room to run before hitting the 4h supply shelf near $305.54–$307.81. Backed by 4,552 institutional funds (INST bucket), this is the highest-conviction large-cap name on the list.
| Level | Price |
|---|---|
| Entry | $293.80 |
| Stop | $285.00 |
| Target | $307.00 |
Institutional Backing: 4,552 funds, INST bucket.
MPWR ($1439.73) — Chips / Elec-Semiconductor Fabless
MPWR gapped 5.8% higher with ATR%-M of 2.7, confirming trend strength. Price sits between the $1331–$1360.97 weekly demand shelf and the $1559.67–$1627.64 weekly supply zone, giving ample room for continuation before resistance is tested.
| Level | Price |
|---|---|
| Entry | $1439.73 |
| Stop | $1395.00 |
| Target | $1560.00 |
Institutional Backing: 3,063 funds, INST bucket.
FFIV ($454.04) — Internet / Internet-Network Solutions
FFIV is up 2.3% with the strongest ATR%-M in the group (3.4) and is trading directly at_demand ($440.34–$441.68), just 0.19% below a tight 30m supply shelf at $454.92–$456.13. A clean break through that shelf would confirm continuation with RVOL of 1.2x supporting the move.
| Level | Price |
|---|---|
| Entry | $454.04 |
| Stop | $440.00 |
| Target | $465.00 |
Institutional Backing: 2,229 funds, INST bucket.
LIN ($479.48) — Chemical / Chemicals-Specialty
LIN is up 2.1% on RVOL of 1.2x, the highest relative volume in today’s list, and is sitting at_demand ($462.37–$472.00) with heavy institutional sponsorship. Low ADR (1.6%) suggests a steadier, lower-volatility continuation candidate versus the chip names.
| Level | Price |
|---|---|
| Entry | $479.48 |
| Stop | $462.00 |
| Target | $490.00 |
Institutional Backing: 5,217 funds, 5K bucket.
ABBV ($262.82) — Medical / Pharmaceuticals
ABBV carries the highest RVOL today at 1.5x and is just -2.4% off its 52-week high, trading at_demand ($259.00–$260.51) within the leading Health Care sector. Tight demand zone strength (6.8) supports a controlled-risk entry here.
| Level | Price |
|---|---|
| Entry | $262.82 |
| Stop | $258.50 |
| Target | $270.00 |
Institutional Backing: 5,010 funds, 5K bucket.
Honorable Mentions
- SIMO ($280.50) — at_demand with strong zone rating (4.2), but low RVOL (0.9x) tempers conviction.
- AEHR ($107.21) — Strong 5.5% move but RVOL only 0.8x and sits “between” zones with no institutional bucket beyond B2.
- FPS ($40.35) — Up 8.1% but trading at_supply, meaning it’s hitting resistance rather than breaking out further.
- CLOV ($4.38) — at_demand with solid zone strength (7.1), but sub-$5 price and high ATR risk (74.2%) add volatility.
- MUSA ($515.02) — at_demand but negative ATR%-M (-1.8) signals fading momentum despite 694 funds of sponsorship.
Strategy Summary
Today’s continuation setups are decent but not standout, consistent with a capped Quality Score of 3 under the current bearish regime. The strongest conviction lies in institutionally-backed Tech and Health Care names — TXN, MPWR, FFIV, LIN, and ABBV — all of which align with the market’s leading sectors and carry meaningful fund sponsorship (2,200–5,200+ funds each). Risk/reward on these setups is favorable, with defined stops below demand zones and targets at or near nearby supply shelves, generally offering 2:1 to 3:1 reward-to-risk. Traders should size conservatively given the bearish macro backdrop and modest RVOL readings, treating this as a selective, sector-aligned trading day rather than a broad risk-on breakout environment.