Drone Defense Scan

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Drone Defense Scan

raw scan snapshot — prices as of scan date, not live 26 rows · screens, not recommendations ported fromresearch/classic/scans/_archive/2026-04-28-drone-defense.mdscan slugdrone-defensesource typescan-archive

Defense primes deeply oversold (LMT RSI 18.8, NOC RSI 19.6 — capitulation territory) while drone OEMs underperform (AVAV -54% from high, KTOS -54% from high). Counter-drone laser (LASR) is the standout — strong-up +40% 3M. ITA defense ETF basing.

Quick Snapshot

Signal Reading
Overall 🟡 Mixed — primes in extreme oversold (LMT/NOC at RSI ~19), drone OEMs in deep drawdown, but laser counter-drone (LASR) and Israeli defense (ESLT) holding up
Leaders LASR (+40% 3M, +677% 1y, strong-up), ESLT (+16% 3M, +106% 1y), RTX (only prime that's strong-up, +59% 1y, near 52wk high), EOPSF (+26% 30D bounce)
Laggards LMT ($512, RSI 18.8 capitulation, -26% from high), NOC ($578, RSI 19.6, -25% from high), KTOS (-43% 3M, RSI 33.9), AVAV (-34% 3M, -54% from high), DFEN (-25.4% 3M leveraged ETF)
Key insight The defense reset is two stories — primes are being repriced (budget pressures, contract delays — RSI 18-19 is rare capitulation territory) while drone-specific names are in their own bear (KTOS, AVAV both -54% from high). Counter-drone laser stands alone with LASR up +677% 1y. ITA ETF (-13.7% from high) just sleepy.

Price Table

Stock Price RSI vs SMA20 7D% 30D% 3M% 52wkHi Trend Signal
AVAV $192.34 44.4 -0.2% -9.59% +8.69% -34.40% -53.97% strong-down 🔍 Watch
AVEX $29.90 -9.95% +11.03% +11.03% -29.38% neutral 🔍 Research
KTOS $61.66 33.9 -11.3% -9.83% -5.55% -42.99% -53.99% strong-down 🔍 Watch
EOPSF $6.91 49.4 -0.3% -1.37% +25.87% +10.74% -17.64% neutral 🔍 Watch
LASR $65.78 48.4 -0.6% -4.85% +21.81% +39.63% -18.05% strong-up 🔒 Hold
ESLT $834.05 41.9 -5.6% -4.55% +2.23% +15.68% -17.91% weak-down 🔒 Hold
LMT $512.29 18.8 -13.1% -10.38% -14.41% -17.27% -25.97% down 🔍 Research
RTX $201.41 53.7 +1.8% +2.36% -2.26% +1.63% -6.10% strong-up 🔒 Hold
NOC $577.82 19.6 -11.6% -7.26% -13.96% -16.64% -25.35% down 🔍 Research
DFEN $59.50 36.4 -13.2% -14.22% +4.85% -25.44% -39.13% down ⚠️ Avoid (3x lev)
ITA $216.21 37.4 -4.1% -4.77% +2.57% -7.06% -13.74% weak-down 🔍 Watch
KRKNF $5.67 40.2 -7.1% -6.22% +4.04% -9.71% -30.26% weak-down 🔍 Watch

Tier Analysis

Tier 1 — Strong-Up (Working)

  • LASR ($65.78, RSI 48.4, +40% 3M, +677% 1y) — counter-drone laser leader. nLight is the standout name in this cohort. +61.5% above SMA200, golden cross. The cohort's only strong-up offensive name.
  • RTX ($201.41, RSI 53.7, near 52wk high) — Raytheon, only prime in strong-up. Diversified missile/munitions. +59% 1y.

Tier 2 — Holding Steady

  • ESLT ($834.05, +106% 1y, +318% 2y) — Elbit Systems (Israel). Weak-down on the daily but big multi-year monster. Geopolitical premium baked in.

Tier 3 — Capitulation Candidates (Primes at RSI ~19)

  • LMT ($512.29, RSI 18.8, -25.97% from high) — Lockheed at extreme oversold. Down -10.38% in last 7D, -14.4% 30D. RSI <20 is rare capitulation territory.
  • NOC ($577.82, RSI 19.6, -25.35% from high) — Northrop also extreme oversold. -14% 30D.
  • Note: both still in "down" trend with golden cross intact, so this is oversold within a longer up-cycle, not a broken thesis.

Tier 4 — Drone OEM Bear

  • AVAV ($192.34, RSI 44.4, -54% from high, -34.4% 3M) — AeroVironment, drone leader. Strong-down with deathcross.
  • KTOS ($61.66, RSI 33.9, -54% from high, -43% 3M) — Kratos. Strong-down with deathcross. 3-month decline is the worst in the cohort.
  • EOPSF ($6.91, +25.9% 30D bounce) — Israeli drone OEM (Elbit-adjacent). Rebounding off lows.
  • AVEX ($29.90, +11% 30D) — too new for technicals, neutral trend.
  • KRKNF ($5.67, weak-down) — Kraken, +1011% 5y but currently -30% from high.

Tier 5 — Defense ETFs

  • DFEN ($59.50, -25.4% 3M, -39.1% from high) — 3x leveraged defense ETF. The leverage cuts both ways — broken on this drawdown.
  • ITA ($216.21, RSI 37.4, -13.7% from high) — broad defense ETF, weak-down but holding +112% 5y.

Entry Zones

Stock Price Zone RSI 30D% Setup
LMT $512.29 <$520 18.8 -14.41% Extreme oversold prime, multi-year compounder, dividend payer. Best contrarian entry in the cohort.
NOC $577.82 <$590 19.6 -13.96% Same setup as LMT — capitulation oversold, not broken thesis.
ITA $216.21 $210-220 37.4 +2.57% Defense ETF cooling, hold-of-cohort exposure trade.
KTOS $61.66 wait for $55 33.9 -5.55% Strong-down + deathcross — wait for trend reversal, don't catch falling knife.
AVAV $192.34 wait for $180 44.4 +8.69% Strong-down + deathcross — bounced 30D but broader downtrend.
EOPSF $6.91 $6.50-7.00 49.4 +25.87% Bouncing off lows; drone OEM with Israeli exposure.

Action Matrix

Action Stocks Why
🔒 HOLD LASR, RTX, ESLT Strong-up or near-highs, thesis intact
🔍 RESEARCH LMT, NOC RSI 18-19 capitulation in primes — historic entry zones if thesis holds
🔍 WATCH AVAV, KTOS, ITA, EOPSF, KRKNF, AVEX Drone OEM bear; need stabilization or trend reversal
⚠️ AVOID DFEN 3x leveraged ETF in deep drawdown — leverage decay risk

What Changed (vs March/April defense scans)

  • Primes capitulatedLMT and NOC both fell into RSI <20 territory. -14% 30D each. This is the deepest defensive sector pullback in months.
  • RTX broke away from primes — only prime in strong-up. -2.3% 30D vs LMT/NOC -14%. Diversification (commercial aerospace + defense) paying off.
  • Drone OEM bear continuesKTOS and AVAV both at -54% from high. KTOS's -43% 3M is the worst in cohort. The drone-pure-play thesis is being tested.
  • LASR keeps running — +40% 3M, +677% 1y. Counter-drone laser is the premium pricing within the broader defense pullback.
  • EOPSF bouncing — +26% 30D off lows. Israeli drone OEM benefits from Middle East tension.
  • ESLT cooling but intact — Israeli defense leader weak-down (-4.55% 7D) but still +106% 1y. Geopolitical premium digesting.
  • DFEN leveraged ETF in trouble — -25.4% 3M and -39% from high. The 3x leverage's drawdown decay is showing.
  • ITA basing — broad defense ETF -7% 3M, RSI 37, but only -13.7% from high. Probably the cleanest sector exposure trade right now.
10 events

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