Bargain Bin Scan

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Bargain Bin Scan

Scan symbols 16
ABBVADBEASANCRMINTUISRGLLYLULUNETNKENOWOKTAPLTRSNOWTSLAWDAY
Watchlists 1
@bargain-bin
raw scan snapshot — prices as of scan date, not live 40 rows · screens, not recommendations ported fromresearch/classic/scans/2026-04-13-bargain-bin.md

Deep oversold quality: NOW and SNOW at RSI 33-35 deserve serious attention; NKE enters capitulation territory.

Signal Reading
Overall 🟢 Multiple high-quality names in genuine distress — not broken theses but cyclical pain
Key insight NOW (ServiceNow) at RSI 32.9 and -58% from 52wk high is the most compelling setup in this scan; enterprise SaaS getting repriced to growth expectations, not fundamentals

Quick Snapshot

Signal Reading
Extreme oversold (RSI < 30) NKE at RSI 24 — approaching capitulation
Deep oversold (RSI 30-35) NOW, INTU, SNOW, OKTA — all strong-down, RSI 32-35
Approaching oversold (RSI 35-40) CRM, WDAY, PLTR, TSLA, ASAN — damaged but not broken
False bargains DOT, ADA — cheap for a reason; thesis failed

Price Table — Deep Oversold Focus (RSI < 40, pctFrom52wkHigh < -30%)

Stock Price 7D 30D 3M RSI pct52wk Trend Status
NKE $42.91 -3.0% -21.7% -34.1% 24 ↓ -46.5% strong-down 🟢 Extreme Oversold
NOW $89.06 -19.3% -22.5% -33.8% 32.9 ↓ -57.9% strong-down 🟢 Oversold
INTU $369.44 -15.9% -18.1% -34.6% 34.3 ↓ -54.6% strong-down 🟢 Oversold
SNOW $134.24 -18.6% -23.0% -34.9% 34.5 ↓ -52.2% strong-down 🟢 Oversold
OKTA $65.46 -21.7% -15.2% -29.9% 34.5 ↓ -48.7% strong-down 🟢 Oversold
ASAN $5.80 -12.8% -14.6% -49.2% 33.6 ↓ -69.5% strong-down 🟢 Oversold
WDAY $119.92 -13.1% -10.3% -38.2% 38.4 ↓ -56.6% strong-down 🟡 Approaching
CRM $172.82 -11.3% -12.7% -27.7% 37.9 ↓ -41.6% strong-down 🟡 Approaching
PLTR $132.37 -14.2% -13.3% -25.8% 38.6 ↓ -36.2% strong-down 🟡 Approaching
TSLA $352.42 -2.8% -10.9% -19.8% 39.2 ↓ -29.4% strong-down 🟡 Approaching
ADBE $240.11 -8.5% -4.7% -21.1% 44.5 -43.2% strong-down 🟡 Approaching
NET $184.02 -20.3% -11.2% -2.3% 42.5 -29.2% strong-down 🟡 Approaching
ABBV $206.47 -0.0% -6.8% -6.2% 40.1 -15.7% down 🟡 Approaching
NKE (consumer) — — — — 24 ↓ -46.5% strong-down 🟢 Capitulation
LULU $162.56 +5.6% +1.7% -20.0% 50.0 -52.2% strong-down 🟡 Neutral
ISRG $458.96 -1.4% -5.1% -16.1% 42.4 -24.0% strong-down 🟡 Approaching
LLY $929.55 +0.8% -6.0% -13.3% 45.2 -18.0% weak-down 🟡 Neutral

Tier Analysis

Extreme Oversold — Highest Conviction Setups:

NKE (RSI 24, -46% from 52wk high, -34% in 3 months): This is capitulation territory for a 60-year-old brand. The bear case (Adidas resurgence, DTC reversal, weak China) is well-documented. The question is whether RSI 24 represents true bottom or a dead-cat. NKE has never been a fast recovery story but its brand moat doesn't disappear. Entry zone for patient capital.

NOW (RSI 32.9, -58% from 52wk high): ServiceNow being priced like a stumbling growth stock, not the enterprise workflow standard it's becoming. -22% in 30 days on no material fundamental change. This smells like sector-wide SaaS repricing, not company-specific damage. Highest quality name in the oversold bucket.

SNOW (RSI 34.5, -52% from high): Snowflake has survived multiple narratives and still grows revenue. The -23% 30-day move is brutal. AI data lakehouse competition from Databricks remains the bear case. But at these levels the market is pricing near-zero terminal value, which seems wrong for a sticky enterprise data platform.

INTU (RSI 34.3, -55% from high): TurboTax + QuickBooks monopoly. The AI narrative threatened it briefly; the reality is no one has successfully eaten its SMB base. The -18% in 30 days looks like sector panic, not fundamental deterioration.

Watch for False Bargains:

  • ASAN at RSI 33.6 and -69% from high is the trap: the company has never demonstrated a path to durable profitability and competes against MSFT's free Teams/Planner suite. Interesting only for a trade bounce, not a position.
  • OKTA at RSI 34.5 is closer to legitimate given the identity security moat, but the CrowdStrike-incident hangover is real.

Entry Zones

EXTREME OVERSOLD (RSI < 30) — Capitulation Territory

Stock Current Zone RSI 30D Source Action Notes
NKE $42.91 <$45 24 ↓ -21.7% bargain-bin ✅ Strong Buy Brand monopoly at capitulation; 60yr franchise not going away

OVERSOLD (RSI 30-35) — Strong Entry Zone

Stock Current Zone RSI 30D Source Action Notes
NOW $89.06 <$95 32.9 ↓ -22.5% bargain-bin ✅ Strong Buy Best quality in scan; enterprise moat, SaaS repricing not impairment
INTU $369.44 <$390 34.3 ↓ -18.1% bargain-bin 📈 Accumulate TurboTax+QuickBooks monopoly, sector panic not thesis break
SNOW $134.24 <$145 34.5 ↓ -23.0% bargain-bin 📈 Accumulate AI data platform repricing; risk is Databricks, not death
OKTA $65.46 <$70 34.5 ↓ -15.2% bargain-bin 🔍 Research Identity security moat; CrowdStrike hangover still weighing
ASAN $5.80 — 33.6 ↓ -14.6% bargain-bin ⚠️ Avoid No profitability path; competes against MSFT free tools

APPROACHING OVERSOLD (RSI 35-42)

Stock Current Zone RSI 30D Source Action Notes
CRM $172.82 <$180 37.9 ↓ -12.7% bargain-bin 📈 Accumulate Salesforce franchise, -41% from high excessive
WDAY $119.92 <$130 38.4 ↓ -10.3% bargain-bin 🔍 Research HR/Finance SaaS leader, -57% from high
PLTR $132.37 <$140 38.6 ↓ -13.3% bargain-bin 🔍 Research AI/defense, -36% from high — but massive insider selling
NET $184.02 <$190 42.5 -11.2% bargain-bin 🔍 Research Cloudflare: -20% in 7D on no news is an overreaction
ISRG $458.96 <$465 42.4 -5.1% bargain-bin 📈 Accumulate Surgical robotics monopoly; -24% from high, still compounding
LLY $929.55 <$950 45.2 -6.0% bargain-bin 📈 Accumulate GLP-1 monopoly, -18% from high is a gift if thesis intact

Action Matrix

Action Stocks Why
✅ STRONG BUY NKE, NOW RSI < 33, brand/enterprise moats, sector panic not thesis break
📈 ACCUMULATE INTU, SNOW, CRM, ISRG, LLY RSI 34-46, quality names at distressed prices
🔍 WATCH OKTA, WDAY, PLTR, NET Approaching oversold; need more data before initiating
⚠️ AVOID ASAN RSI looks cheap but business model not proven
❌ DON'T BUY TSLA RSI 39 but trend is strong-down; not cheap enough given risk
9 events
DateTypeEvent
Mar 11 ScanInsider Activity Scan Apr 3 ArticleDaily Actions Apr 10 ArticleDaily Actions Apr 10 ScanBargain Bin Scan Mar 31 ScanInsider Universe Mar 26 ScanBargain Bin Mar 26 ScanInsider Universe Scan May 29 ScanBargain Bin Scan Feb 26 ScanBargain Bin Scan

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