Optical Supply Chain Scan

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Optical Supply Chain Scan

raw scan snapshot — prices as of scan date, not live 48 rows · screens, not recommendations ported fromresearch/classic/scans/2026-05-29-optical-supply-chain.md

The parabola has stratified: SNDK/ALAB/AXTI/SOI.PA/ALRIB.PA/6779.T remain in blow-off, PLAB crashed -34% in a week (photomask miss), and LWLG reversed hard — the supercycle is intact but divergence is widening within the cohort.

Quick Snapshot

Signal Reading
Overall 🟠 Stratified — leaders still parabolic, pockets of sharp reversal emerging
Blow-off leaders SNDK (RSI 72, +174% 3M, $1695), ALAB (RSI 81, +184% 3M, +76% 30D), AXTI (+123% 3M), SOI.PA (+312% 3M, +57% 30D), ALRIB.PA (+151% 3M), 6779.T (RSI 71, +133% 3M)
Sharp reversals PLAB (RSI 29, -34% 7D — photomask shock), LWLG (-13% 7D, -21% 30D, trend turned weak-down), LITE (-9% 7D, trend weak-down)
Key insight ALAB RSI now 80.8 — the highest in the cohort, +36.7% above SMA20; PLAB flash-crash -34% 7D is the first cohort breakdown and a warning on stretched names. SNDK confirmed +174% 3M (prior tape said +146% — acceleration continues).

Price Table

Stock Price RSI vs SMA20 7D% 30D% 3M% 52wkHi Trend Signal
LITE $854.96 44.9 -9.0% -8.94% -5.25% +9.16% -21.25% weak-down ⚠️ Caution
COHR $361.47 52.4 -0.6% -0.41% +13.06% +20.93% -12.48% strong-up 🔒 Hold
CIEN $580.23 57.7 +2.8% -1.96% +9.98% +64.03% -4.19% strong-up 🔒 Hold
ALAB $342.85 80.8 +36.7% +12.77% +76.06% +184.40% -3.29% strong-up ⚠️ Overbought
SMTC $152.54 62.6 +11.7% +7.56% +45.21% +58.40% -11.50% strong-up 🔒 Hold
TSEM $255.23 54.0 +2.2% -3.64% +15.46% +84.16% -15.73% strong-up 📈 Accumulate
LWLG $10.86 42.2 -22.9% -12.65% -20.85% +115.05% -41.96% weak-down 🔍 Watch
SIVEF $7.33 60.2 +19.0% +1.32% +52.07% +435.04% -23.17% neutral 🔍 Watch
MTSI $364.64 56.4 +1.5% +2.30% +29.48% +41.04% -12.95% strong-up 🔒 Hold
VIAV $48.56 48.9 -6.0% -3.35% -7.33% +37.37% -19.64% strong-up 📈 Accumulate
GLW $181.16 50.0 -2.5% -5.10% +10.30% +14.76% -14.46% strong-up 📈 Accumulate
FN $654.16 47.0 -3.8% -5.50% -4.29% +12.52% -12.65% strong-up 📈 Accumulate
CLS $385.39 55.9 +2.6% -1.41% -5.91% +44.35% -11.40% strong-up 🔒 Hold
JBL $364.56 58.9 +3.0% +0.75% +8.05% +39.61% -4.55% strong-up 🔒 Hold
PLAB $32.35 28.9 -34.5% -34.28% -34.62% -12.40% -42.23% down 🔍 Research
ONTO $258.24 44.8 -5.9% -1.89% -12.48% +18.43% -18.28% weak-down 🔍 Watch
FORM $124.59 45.2 -6.6% -1.00% -8.34% +24.96% -21.69% weak-down 🔍 Watch
AXTI $103.16 48.9 -10.6% -8.01% +30.22% +122.71% -27.94% strong-up 🔒 Hold
IQEPF $0.63 50.5 -0.4% +3.23% +1.61% +53.66% -33.37% strong-up 🔍 Watch
LPTH $16.98 62.5 +23.2% +11.00% +32.55% +41.38% -10.35% strong-up 🔒 Hold
AAOI $158.41 46.6 -11.1% -1.37% -3.62% +54.53% -32.21% strong-up 📈 Accumulate
SOI.PA $177.55 61.5 +11.1% +12.29% +56.98% +312.33% -11.45% strong-up ⚠️ Overbought
SNDK $1694.98 72.2 +16.7% +9.10% +54.58% +173.79% -0.81% strong-up ⚠️ Overbought
NGKIF $39.71 76.6 +9.7% +25.11% +68.41% -5.57% strong-up ⚠️ Overbought
ALRIB.PA $15.70 63.7 +13.6% +11.97% +33.96% +151.20% -15.14% strong-up 🔒 Hold
POET $12.29 50.5 -4.0% -11.18% +72.61% +77.86% -40.94% strong-up 🔍 Watch
OPTX $9.95 54.4 +15.9% +2.60% +29.73% +32.67% -18.44% strong-up 🔍 Watch
ALMU $21.58 48.1 -12.4% +1.18% -7.34% +12.16% -32.12% strong-up 🔍 Watch
LPK.DE $23.90 55.7 +1.2% +6.70% -26.33% strong-up 🔍 Watch
6779.T $3195 71.4 +33.5% +25.34% +69.05% +132.56% -12.47% strong-up ⚠️ Overbought
AEHR $92.33 51.1 -3.1% +5.05% +1.95% +109.70% -17.56% strong-up 🔒 Hold

Tier Analysis

Tier 0 — Extreme Overbought (RSI >70) — Do Not Chase

  • ALAB (RSI 80.8, +36.7% above SMA20, +184% 3M) — Astera Labs PCIe/CXL silicon. New extreme. Flash to overbought territory this week.
  • NGKIF (RSI 76.6, +25% 30D) — NGK Insulators Japan ADR.
  • SNDK (RSI 72.2, +174% 3M, $1695, near 52wk high) — Storage/NAND AI inference angle. Parabola continues.
  • 6779.T (RSI 71.4, +33.5% above SMA20, +133% 3M) — Japan crystal/oscillator supplier.
  • SOI.PA (RSI 61.5 but +312% 3M) — Soitec SOI wafers, French-listed. Extreme 3M move.

Tier 1 — Strong Momentum, Not Yet Overbought (RSI 55-70)

  • SMTC (RSI 62.6, +45% 30D, +58% 3M) — Semtech, solid trend.
  • LPTH (RSI 62.5, +23.2% above SMA20, +33% 30D) — LightPath, infrared optics.
  • CIEN (RSI 57.7, +64% 3M) — Ciena networking, near 52wk high.
  • JBL (RSI 58.9, +39% 3M) — Jabil contract manufacturing.
  • CLS (RSI 55.9, +44% 3M) — Celestica, strong-up trend intact.
  • TSEM (RSI 54.0, +84% 3M) — Cooldown from RSI 71 peak (prior tape). Best risk/reward entry window in the cohort.
  • ALRIB.PA (RSI 63.7, +151% 3M) — Lumibird, French laser tech.

Tier 2 — Neutral/Watch (RSI 40-55)

  • COHR (RSI 52.4) — Coherent, holding trend. Slight softening vs prior tape.
  • MTSI (RSI 56.4, +29% 30D) — MACOM Technology, strong-up.
  • GLW (RSI 50.0, -2.5% from SMA20) — Corning, consolidating.
  • VIAV (RSI 48.9, -6% from SMA20) — Viavi, pulling back within strong-up.
  • FN (RSI 47.0, -3.8% from SMA20) — Fabrinet, pulling back.
  • AAOI (RSI 46.6, -11% from SMA20) — Applied Optoelectronics, wide drawdown, still strong-up trend.
  • FORM (RSI 45.2, weak-down) — FormFactor, fading.
  • ONTO (RSI 44.8, weak-down) — Onto Innovation, fading.
  • ALMU (RSI 48.1, strong-up trend, -7% 30D) — Alumina Ltd.
  • AXTI (RSI 48.9, -8% 7D but +123% 3M) — AXT Inc, pulling back within strong-up.
  • LWLG (RSI 42.2, weak-down) — Lightwave Logic, -21% 30D reversal. Changed trend.

Tier 3 — Oversold / Breakdown

  • PLAB (RSI 28.9, -34% in a week) — Photronics flash crash. Photomask demand miss? Best monitored for base, not caught falling.
  • LITE (RSI 44.9, trend turned weak-down) — Lumentum softening; was the leader, now cooling.

Entry Zones

Stock Price Zone RSI 30D% Setup
PLAB $32.35 $28-34 28.9 -34.62% Oversold after crash; wait for base formation before entry — don't catch knife
TSEM $255.23 $245-260 54.0 +15.46% Cooled from RSI 71 (prior tape); +84% 3M thesis intact; best risk/reward in cohort
VIAV $48.56 $46-52 48.9 -7.33% Pulling back within strong-up; +37% 3M, -6% from SMA20
FN $654.16 $630-665 47.0 -4.29% -3.8% from SMA20; Fabrinet optical manufacturing thesis holds
GLW $181.16 $175-185 50.0 +10.30% Corning fiber demand; -2.5% from SMA20, dividend payer
AXTI $103.16 $95-110 48.9 +30.22% Pulling back -10.6% from SMA20 within strong-up, +123% 3M; elevated volatility
AAOI $158.41 $150-165 46.6 -3.62% -11% from SMA20, +55% 3M — wait for stabilization
LWLG $10.86 wait 42.2 -20.85% Trend turned weak-down; speculative only below $9 with clear base

Action Matrix

Action Stocks Why
⚠️ OVERBOUGHT ALAB (RSI 81), NGKIF (RSI 77), SNDK (RSI 72), 6779.T (RSI 71), SOI.PA (+312% 3M) Extreme readings — do not chase; set trailing stops if holding
🔒 HOLD CIEN, COHR, SMTC, ALRIB.PA, LPTH, CLS, JBL, MTSI, AEHR, AXTI Strong-up trend intact; thesis working; no action needed
📈 ACCUMULATE TSEM, VIAV, GLW, FN Best risk/reward — cooling off from extremes within confirmed strong-up
🔍 WATCH PLAB, LWLG, ONTO, FORM, POET, SIVEF, OPTX Breakdown or reversal signals; monitor before entry
❌ DON'T CHASE LITE Trend turned weak-down from prior leader position; wait for stabilization

What Changed (vs April 28 scan)

  • ALAB RSI exploded to 80.8 — was 61 in April. The PCIe/CXL silicon play has gone parabolic and is now the hottest RSI in the cohort.
  • PLAB crashed -34% in a week — was RSI 67, +33% 30D in April. Now RSI 29, -34% 7D. First significant cohort breakdown; thesis needs verification.
  • SNDK accelerated — was +146% 3M in April, now +174% 3M. Price $952 → $1695. Parabola intact.
  • TSEM cooled meaningfully — RSI dropped from 71 to 54; was the HOT Discord name in April. Now consolidating after +84% 3M; best entry opportunity in the cohort.
  • LWLG reversed — was +75% 30D HOT in April, now -21% 30D and trend turned weak-down. Micro-cap volatility trap confirmed.
  • LITE trend broke — former cohort leader now weak-down; -9% 7D, -5% 30D. Position review warranted.
  • SOI.PA added +57% 30D on top of prior gains — now +312% 3M. Soitec is the stealth monster of the cohort.
  • New names reporting: SIVEF, AEHR, POET, OPTX, ALMU, LPK.DE, 6779.T — all strong-up trend or near-highs.
10 events

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