Bargain Bin

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Bargain Bin

Scan symbols 17
ABBVBRK-BCMECRSPHONJNJLLYLULUMCDNKEOKTASNOWTEAMTSLAVEEVWDAYZS
Watchlists 1
@bargain-bin
raw scan snapshot — prices as of scan date, not live 43 rows · screens, not recommendations ported fromresearch/classic/scans/2026-04-26-bargain-bin.md

True oversold with quality: HON RSI 32 and ABBV RSI 35 offer best risk/reward; LULU and NKE are speculative rebound plays at -58% and -44% from highs.

Signal Reading
Overall 🟢 Genuine oversold opportunities in quality names — but SaaS deep-value traps dominate the list
Key insight HON is the highest-quality RSI<30 + negative SMA20 combo; LULU and NKE are deep brand discounts with structural questions still unresolved

Filter applied: RSI < 30 AND vsSma20 < 0 (truly oversold and below 20-day MA)

Filtered Bargain List (RSI < 30 AND vsSma20 < 0)

Stock Price 7D 30D RSI vsSma20 vs SMA200 52wk Hi Status
HON $213.17 -8.1% -5.6% 31.9 -6.2% +1.4% -14.1% 🟢 Oversold
ABBV $198.71 -3.5% -3.3% 35.2 -4.0% -7.3% -18.8% 🟢 Oversold
JNJ $227.50 -2.7% -5.2% 35.8 -4.0% +12.1% -9.6% 🟢 Oversold
NKE $44.69 -2.5% -15.7% 35.0 -2.1% -30.3% -44.3% 🟢 Oversold
LULU $143.80 -12.9% -9.4% 34.0 -8.9% -21.5% -57.7% 🟢 Oversold
SNOW $134.24 -18.6% -23.0% 34.5 -14.0% -36.8% -52.2% 🔴 Falling knife
ZS $122.62 -15.1% -20.2% 32.1 -12.8% -50.1% -63.6% 🔴 Falling knife

Quality x Discount Ranking (Best to Worst)

Tier 1 — Quality Dip Buys (Highest conviction)

HON — Honeywell | $213.17 | RSI 31.9

  • Industrial conglomerate, decades of cash flows, breaking out segment restructuring
  • RSI 31.9, -8.1% in 7 days — short-term flush on earnings concern
  • Still +1.4% above SMA200 — in secular uptrend, just pulled back
  • -14% from 52wk high — not catastrophic
  • Dividend payer, quality franchise
  • Entry zone: <$210 | Action: ✅ Strong Buy

JNJ — Johnson & Johnson | $227.50 | RSI 35.8

  • Healthcare stalwart, clean balance sheet, Talc liability mostly behind it
  • RSI 35.8, -5.2% in 30 days — pullback in defensive name
  • +12.1% above SMA200 — secular uptrend intact
  • -9.6% from 52wk high — shallow dip in quality compounder
  • +51% 1Y return despite current weakness
  • Entry zone: <$225 | Action: ✅ Strong Buy

ABBV — AbbVie | $198.71 | RSI 35.2

  • Pharma compounder, HUMIRA cliff largely absorbed, Skyrizi/Rinvoq ramping
  • RSI 35.2, -7.3% below SMA200 — getting stretched below longer-term trend
  • -3.3% 30D, -18.8% from 52wk high
  • Golden cross active (SMA50 > SMA200 still)
  • Dividend aristocrat; 5Y return +115% for a defensive
  • Entry zone: <$195 | Action: ✅ Strong Buy

Tier 2 — Speculative Rebound (Brand still matters but thesis impaired)

NKE — Nike | $44.69 | RSI 35.0

  • Iconic brand, -44% from 52wk high, -62% from peak in 2022
  • CEO transition underway (Elliott Hill), restructuring
  • RSI 35 but trend is strong-down, SMA200 -30% above — not in uptrend
  • 30D -15.7%, 3M -30.8% — still falling
  • Death cross active
  • Risk: China slowdown, brand fatigue, tariff exposure on Vietnam mfg
  • Entry zone: <$42 | Action: 🔍 Research first — knife falling

LULU — Lululemon | $143.80 | RSI 34.0

  • Premium athleisure, -57.7% from 52wk high — massive compression
  • RSI 34.0, 7D -12.9%, 3M -25.4% — momentum still negative
  • SMA200 -21.5% above current price — major technical damage
  • 5Y return -57.8% — underperformed SPY massively
  • Death cross active
  • Risk: North America comps negative, China rollout slowing
  • Entry zone: <$135 | Action: 🔍 Watch — needs stabilization first

Tier 3 — Falling Knives (RSI oversold but quality impaired)

SNOW — Snowflake | $134.24 | RSI 34.5

  • Cloud data warehouse, -52% from 52wk high, -37% below SMA200
  • Insider selling: -$1.2B (see insider-scan)
  • 7D -18.6%, 30D -23% — still in freefall
  • CEO transition noise, AI competition from Databricks and BigQuery intensifying
  • Action: ❌ Avoid — insider selling + freefall

ZS — Zscaler | $122.62 | RSI 32.1

  • Security SaaS, -64% from 52wk high, -50% below SMA200
  • Insider selling: -$170M at RSI 32 (see insider-scan — critical red flag)
  • 7D -15.1%, 30D -20.2% — catastrophic drawdown
  • Action: ❌ Avoid — insider selling validates the breakdown

Extended Scan — Near Bargain (RSI 30-40 with vsSma20 < 0)

Stock Price 7D 30D RSI vsSma20 Quality Action
WDAY $119.92 -13.1% -10.3% 38.4 -6.2% Medium 🔍 Watch
MCD $299.36 -3.0% -4.0% 37.8 -2.2% HIGH 📈 Accumulate
BRK-B $469.32 -1.2% -1.4% 39.8 -1.2% HIGH 📈 Accumulate
CME $285.06 -1.4% -3.0% 36.4 -3.6% HIGH 📈 Accumulate
LLY $883.96 -4.3% -3.5% 38.3 -4.0% HIGH 📈 Watch closely
TSLA $352.42 -2.8% -10.9% 39.2 -4.5% Medium 📈 Insider signal
OKTA $67.35 -20.0% -12.7% 39.2 -10.4% Medium 🔍 Watch
CRSP $48.78 -15.4% +3.6% 40.7 -6.7% Medium 📈 Insider buy
TEAM $61.30 -16.5% -19.5% 35.1 -10.0% Medium 🔍 Watch
VEEV $158.45 -13.3% -14.5% 32.9 -9.4% Medium-high 🔍 Watch

Entry Zones Summary

EXTREME OVERSOLD (RSI < 32) — Capitulation Territory

Stock Current Zone RSI 30D Quality Action
JNJ $227.50 <$225 35.8 -5.2% HIGH ✅ Strong Buy
HON $213.17 <$210 31.9 -5.6% HIGH ✅ Strong Buy
ABBV $198.71 <$195 35.2 -3.3% HIGH ✅ Strong Buy

OVERSOLD (RSI 30-40) — Quality Names Worth Tracking

Stock Current Zone RSI 30D Action Notes
MCD $299.36 <$290 37.8 -4.0% 📈 Accumulate Fast food recession-proof
BRK-B $469.32 <$460 39.8 -1.4% 📈 Accumulate Buffett cash fortress
CME $285.06 <$280 36.4 -3.0% 📈 Accumulate Benefits from volatility
LLY $883.96 <$860 38.3 -3.5% 📈 Watch GLP-1 secular thesis
NKE $44.69 <$42 35.0 -15.7% 🔍 Research Turnaround risk/reward
LULU $143.80 <$135 34.0 -9.4% 🔍 Watch Needs stabilization

Action Matrix

Action Stocks Why
✅ STRONG BUY HON <$210, JNJ <$225, ABBV <$195 Quality + RSI oversold + thesis intact
📈 ACCUMULATE MCD <$290, BRK-B <$460, CME <$280 Quality near oversold, DCA opportunity
🔍 WATCH LLY, NKE, LULU, CRSP, VEEV Oversold but trend not yet reversed
❌ DON'T BUY SNOW, ZS Oversold RSI + insider selling = falling knife

What Changed vs 2026-04-13

Stock Apr 13 RSI Apr 26 RSI 30D Change Note
LULU ~40 34.0 -9.4% Got worse — more oversold
NKE ~40 35.0 -15.7% Accelerating lower
HON ~50 31.9 -5.6% New entry — now properly oversold
ABBV ~47 35.2 -3.3% Approaching oversold territory
SNOW ~40 34.5 -23.0% Deteriorating rapidly
JNJ ~48 35.8 -5.2% Quality dip getting more attractive

Key Discoveries

Discovery Implication
HON RSI 31.9 with +1.4% above SMA200 Rare: oversold but still in secular uptrend = quality dip
JNJ RSI 35.8 with +12.1% above SMA200 Defensive quality at its most interesting level in months
SNOW/ZS oversold RSI but insiders selling RSI oversold ≠ buy when insiders are distributing — different signal
BRK-B RSI 39.8 at $469 Buffett's fortress quietly pulling back to attractive zone

Mistakes (Don't Repeat)

Mistake Lesson
Buying oversold SaaS without checking insider data SNOW at RSI 34 looks like a buy — $1.2B insider selling says otherwise

Open Questions

  • Is NKE's brand crisis structural (lost Gen Z) or cyclical (China reset + CEO change)?
  • HON restructuring into three spin-offs — does the thesis change after the split?
  • LLY: Why are insiders selling $4.8B into a -3.5% 30D dip? GLP-1 competitive risk?
6 events
DateTypeEvent
Apr 28 ScanBargain Bin Scan May 29 ScanBargain Bin Scan Mar 11 ScanInsider Activity Scan Apr 26 ArticleDaily Actions Apr 10 ArticleDaily Actions Apr 26 ScanTech Insider Buys

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