Overview
Today’s scan produced 11 continuation breakout signals against a backdrop of a Bearish SA Regime, with breadth sitting at just 21.6% above the SMA-40. That’s a notable divergence from the Bullish sentiment readings, and it tells us the tape is more fragile than headline optimism suggests. With average RVOL across the list hovering near 1.0 (several names below), this is not a high-conviction “chase everything” day — it’s a day to be selective and lean on the names with real institutional sponsorship and zone confirmation.
Sector-wise, the signal list skews toward Technology/Semiconductors (SIMO, AEHR, TXN, MPWR) and Health Care (CLOV, ABBV) — both are the two leading sectors by ATR% today (2.8% and 0.9% respectively). That alignment is constructive and gives us our best risk-adjusted candidates. Consumer Discretionary, Utilities, and Real Estate are firmly out of favor and absent from this list, which is a healthy sign of sector discipline.
Quality Score: 3/5 (capped per bearish regime guidance). Decent signal count and institutional depth, but soft RVOL and a weak broad-market breadth backdrop limit the upside case. Today favors tight risk management over size.
Top 5 Picks
ABBV ($262.82) — Medical / Pharmaceuticals
ABBV posted the highest RVOL of the entire list at 1.5, confirming real participation behind today’s 1.1% move. Price is sitting directly at_demand (daily zone, strength 6.8/10) with no overhead supply zone identified — a clean runway. Health Care is a top-performing sector today, reinforcing the setup.
| Level | Price |
|---|---|
| Entry | $262.82 |
| Stop | $258.00 (below demand zone $259.00) |
| Target | $273.00 |
Institutional Backing: 5,010 funds, 5K bucket — among the heaviest sponsorship on the list.
TXN ($293.80) — Chips / Semiconductor Mfg
TXN is up 4.4% with strong momentum (ATR%-M 3.1), the second-highest on the list. It sits between monthly demand ($281.08) and 4h supply ($305.54-307.81), with heavyweight institutional confirmation (4,552 funds, INST bucket). Technology’s sector leadership (2.8% ATR%) supports continuation here.
| Level | Price |
|---|---|
| Entry | $293.80 |
| Stop | $280.00 (below monthly demand) |
| Target | $305.00 (into supply) |
Institutional Backing: 4,552 funds (INST) — top-tier sponsorship.
MPWR ($1,439.73) — Chips / Semiconductor Fabless
MPWR gained 5.8% with ATR%-M of 2.7, trading between daily demand ($1,331-1,360.97) and weekly supply ($1,559.67-1,627.64). Strong demand-zone strength (6.5) and solid institutional base make this a quality Technology-sector continuation.
| Level | Price |
|---|---|
| Entry | $1,439.73 |
| Stop | $1,355.00 (below daily demand) |
| Target | $1,560.00 (supply floor) |
Institutional Backing: 3,063 funds (INST).
FFIV ($454.04) — Internet / Network Solutions
FFIV shows the strongest momentum reading on the list, ATR%-M 3.4, with RVOL 1.2 and price at_demand. Caution: supply sits just 0.19% overhead ($454.92-456.13), so this is a tighter, faster trade — watch for a quick reaction at resistance.
| Level | Price |
|---|---|
| Entry | $454.04 |
| Stop | $440.00 (below demand zone) |
| Target | $456.50 (near-term) / $466 (extension) |
Institutional Backing: 2,229 funds (INST).
SIMO ($280.50) — Computer Hardware/Peripherals
SIMO is pressing directly against weekly demand (strength 4.2, 0% distance) after a 1.9% move, with a wide runway to 1h supply at $301.87-312.10 (7.62% away). 52-week high is still 21% distant, leaving room to run if Technology strength persists.
| Level | Price |
|---|---|
| Entry | $280.50 |
| Stop | $270.00 |
| Target | $302.00 (supply floor) |
Institutional Backing: 342 funds, B1/B2 bucket.
Honorable Mentions
- AEHR ($107.21): Strong 5.5% move but RVOL only 0.8 and price caught between zones — wait for demand retest.
- FPS ($40.35): Up 8.1% but sitting at_supply only 0.37% from resistance — high risk of immediate rejection.
- CLOV ($4.38): At demand with strength 7.1, but flat ATR%-M (-0.0) shows stalling momentum.
- MUSA ($515.02): At demand but negative ATR%-M (-1.8) and soft RVOL argue for patience.
- LIN ($479.48): Heavy institutional base (5,217 funds) but Chemicals isn’t a leading sector today and momentum is flat.
Strategy Summary
Today’s setups skew toward quality over quantity — the Technology and Health Care sector alignment with the broader leaderboard is the single best signal in this batch, and names like ABBV and TXN carry both volume confirmation and institutional depth to back the move. However, the bearish regime and sub-1.0 breadth reading mean position sizing should stay conservative and stops should be respected strictly — several setups (FPS, FFIV) sit uncomfortably close to supply, compressing reward potential. Favor the demand-zone entries with clean air to the next supply level (ABBV, SIMO, MPWR) over the tighter, resistance-adjacent trades.