Bargain Bin Scan

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Bargain Bin Scan

Scan symbols 15
ABBVCMEDPZHONJNJLLYLULUMCDNKESAPSNOWTSLATTDWDAYZS
Watchlists 1
@bargain-bin
raw scan snapshot — prices as of scan date, not live 24 rows · screens, not recommendations ported fromresearch/classic/scans/_archive/2026-04-28-bargain-bin.mdscan slugbargain-binsource typescan-archive

Bargain bin has thinned — no RSI < 30 names in this scan as broader market rallies. ZS RSI 32 (-50% vs SMA200) is the only deep-discount survivor; SaaS still bleeding (SNOW, WDAY, TTD, SAP), but staples/healthcare names (HON, MCD, ABBV, JNJ, LLY) now leading the oversold list at RSI 32-38.

Quick Snapshot

Signal Reading
Overall 🟡 Bin shrinking — no capitulation (RSI<25) or oversold (25-30) names; the market lifted most growth off the floor
Key insight ZS still the most extreme on vs-SMA200 basis (-50%); the new oversold list is rotation-flavored — staples + healthcare laggards, not SaaS rubble

Price Table (RSI < 40, sorted by RSI)

Stock Price RSI vs SMA20 7D% 30D% 3M% Trend 52wkHi Signal
ZS $122.62 32.1 ↓ -12.8% -15.1% -20.2% -42.8% strong-down -63.6% 🔍 Research
HON $212.93 32.4 ↓ -5.9% -6.3% -4.7% -5.8% weak-down -14.2% 🔍 Research
MCD $292.39 33.6 ↓ -3.9% -4.8% -5.2% -6.8% down -14.4% 🔍 Research
DPZ $340.46 33.8 ↓ -7.0% -9.2% -3.5% -15.9% strong-down -31.8% 🔍 Research
SNOW $134.24 34.5 ↓ -14.0% -18.6% -23.0% -34.9% strong-down -52.2% 🔍 Research
ABBV $197.69 34.5 ↓ -3.9% -3.6% -6.5% -9.6% down -19.3% 🔍 Research
LULU $142.39 35.1 ↓ -9.7% -13.4% -2.4% -17.5% strong-down -58.2% 🔍 Research
LLY $874.00 37.6 ↓ -5.0% -3.2% -1.4% -14.5% down -22.9% 🔍 Research
NKE $45.03 37.6 ↓ 0.0% -3.3% -12.1% -27.6% strong-down -43.8% 🔍 Research
CME $284.53 37.8 ↓ -3.3% -1.4% -4.4% 0.5% weak-down -13.6% 🔍 Watch
WDAY $119.92 38.4 ↓ -6.2% -13.1% -10.3% -38.2% strong-down -56.5% 🔍 Research
JNJ $227.79 38.5 ↓ -3.3% -0.5% -6.1% 0.7% weak-down -9.5% 🔍 Watch
SAP $169.57 38.7 ↓ -2.1% -4.6% -11.5% -29.0% strong-down -45.9% 🔍 Research
TTD $21.22 39.0 ↓ -5.4% -9.5% -21.6% -42.9% strong-down -76.8% 🔍 Research
TSLA $352.42 39.2 ↓ -4.5% -2.8% -10.9% -19.8% strong-down -29.4% 🔍 Watch

Tier Analysis

Capitulation Tier (RSI < 25)

EMPTY. No names hit this tier — broader market rally has lifted everything off the deep-discount floor.

Oversold Tier (RSI 25-30)

EMPTY. None.

Approaching Oversold (RSI 30-40) — the only active layer

Three flavors:

  1. SaaS rubble still bleeding — ZS (RSI 32, -50% vs SMA200), SNOW (34.5, -37% vs SMA200), WDAY (38.4, -41%), TTD (39, -53%), SAP (38.7, -31%). These are the broken-thesis names; not contrarian buys without a catalyst.
  2. Defensive/staples laggards — HON (32.4), MCD (33.6), DPZ (33.8), ABBV (34.5), LLY (37.6), JNJ (38.5), CME (37.8). Quality, less broken — pullbacks not collapses. JNJ and CME barely below SMA200.
  3. Consumer discretionary pain — LULU (35.1, -58% from high), NKE (37.6, -44% from high), TSLA (39.2). These are the cultural-thesis names sitting at deep discounts.

Ranked by Quality + Discount (RSI < 40)

  1. JNJ ($227.79, RSI 38.5) — Healthcare giant, only -9.5% from high, weak-down trend. Cleanest oversold quality name.
  2. HON ($212.93, RSI 32.4) — Industrial conglomerate, only -14% from high.
  3. MCD ($292.39, RSI 33.6) — Consumer staple, -14% from high.
  4. CME ($284.53, RSI 37.8) — Exchange, -14% from high, golden cross intact.
  5. ABBV ($197.69, RSI 34.5) — Pharma, -19% from high, golden cross intact.
  6. LLY ($874, RSI 37.6) — GLP-1 leader in pullback, -23% from high.
  7. DPZ ($340.46, RSI 33.8) — Cultural thesis name (consumer staple pizza), -32% from high.
  8. TSLA ($352.42, RSI 39.2) — Mega-cap pullback, -29% from high.

Action Matrix

Action Stocks Why
🔍 RESEARCH JNJ, HON, MCD, CME, ABBV Quality oversold names with limited downside (vs SMA200 within ±5%)
🔍 RESEARCH LLY, ZS, DPZ, LULU Deeper-discount entries on names with intact long-term theses
⚠️ CAUTION SNOW, WDAY, TTD, SAP, NKE Strong-down trend + broken thesis (vs SMA200 worse than -30%) — falling knives
🔍 WATCH TSLA, NKE Mega-caps in pullback, watch for RSI < 30 capitulation signal

What Changed (vs Apr 10 scan)

  • NOW gone from list — was the headline at RSI 22 ($82.40), now at RSI 41.9 ($90.49) = +9.8% off bottom. Capitulation worked.
  • INTU recovered — was RSI 24.5 at $343.68, now RSI 48.4 at $400.38 = +16.5% bounce.
  • CRM, ADBE, VEEV exited oversold — all recovered into RSI 40s/50s.
  • OKTA, PATH, MDB, DDOG, NET no longer in bargain bin — sector rotation lifted the cohort.
  • New entrants from staples/healthcare side — HON, MCD, ABBV, LLY, JNJ now joining the oversold list. Defensive rotation breaking.
  • ZS still bleeding — the lone holdover from the Apr 10 SaaS massacre.

The Gold

Key Discoveries

Discovery Implication
Bargain bin shifted from SaaS to staples/healthcare Rotation alert — money flowing OUT of defensives, INTO growth/AI
ZS the last SaaS holdout in deep discount Cybersec capitulation continuing while peers (CRWD, PANW) recovered
LULU/NKE/DPZ all deep discount with strong-down trends Cultural thesis names broken — wait for stabilization signal

Open Questions

  • Is the staples rotation a real signal (yields rising? recession fading?) or noise?
  • Does ZS deserve a research dive given peer divergence (CRWD/PANW intact)?
  • LULU at -58% from high — capitulation signal or value trap?
8 events
DateTypeEvent
Apr 26 ScanBargain Bin May 29 ScanBargain Bin Scan Feb 22 ScanBargain Bin Scan Jul 7 ScanBargain Bin Mar 31 ScanBargain Bin Jul 11 ScanBargain Bin Jul 17 ScanBargain Bin Mar 11 ScanInsider Activity Scan

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