Bargain Bin Scan
Bargain Bin Scan
Thin oversold field: only NFLX clears the strict filter — and insider selling disqualifies it; the rest are falling knives still seeking a bottom.
Quick Snapshot
| Scan date | 2026-06-16 |
| Universe | bargain-bin watchlist |
| Strict qualifiers (RSI<30 AND below SMA20) | 1 (NFLX) |
| Approaching oversold (RSI 30–40, below SMA20) | 5 (ADBE, INTU, LULU, CRM, TTD) |
| Trend across all names | All strong-down |
| Environment | Low-opportunity; no confirmed bottoms |
Price Table
| Stock | Price | 7D | 30D | RSI | vs SMA20 | % from 52wk Hi | Trend | Status | Action |
|---|---|---|---|---|---|---|---|---|---|
| NFLX | $78.72 | -0.29% | -12.19% | 29.1 | -6.6% | -41.3% | strong-down | 🟢 Oversold | ⚠️ Avoid |
| ADBE | $207.32 | -15.13% | -18.90% | 31.7 | -14.2% | -48.1% | strong-down | 🟡 Pullback | 🔍 Watch |
| INTU | $280.99 | -6.99% | -30.30% | 34.3 | -10.1% | -65.5% | strong-down | 🟡 Pullback | 🔍 Watch |
| LULU | $115.50 | -3.53% | -3.96% | 35.7 | -6.6% | -54.2% | strong-down | 🟡 Pullback | ❌ Don't Buy |
| CRM | $161.71 | -8.29% | -9.67% | 36.1 | -10.0% | -41.6% | strong-down | 🟡 Pullback | 🔍 Watch |
| TTD | $18.96 | -3.21% | -14.86% | 38.3 | -8.4% | -79.3% | strong-down | 🟡 Pullback | 🔍 Watch |
Tier Analysis
Extreme Oversold — RSI <20
None. No names in the universe have reached extreme oversold levels.
Oversold — RSI 20–30
NFLX | RSI 29.1 | $78.72 | -41.3% from 52wk high
The lone true qualifier on strict RSI<30 AND below-SMA20 criteria — but the signal is disqualified by context. Insider data from the insider-scan shows $1.4B in insider selling concurrent with this drawdown. Smart money is exiting, not accumulating. RSI touching 29 in a strong-down trend without a bottom formation is a falling knife, not a value entry. The -12.2% 30d move and -6.6% vs SMA20 show no deceleration in selling pressure. Do not buy pre-confirmation.
Approaching Oversold — RSI 30–40
ADBE | RSI 31.7 | $207.32 | -48.1% from 52wk high
Barely above the RSI 30 threshold with a sharp -15.1% 7-day drop and -18.9% 30-day decline. At -14.2% below SMA20, the trend has significant downside momentum still embedded. The -48% from 52-week high is approaching value territory in absolute terms, but a strong-down trend with no reversal signal means the fundamental discount is not yet actionable. Wait for a base.
INTU | RSI 34.3 | $280.99 | -65.5% from 52wk high
The deepest structural pullback in the scan. A -30.3% 30-day decline and -65.5% from the 52-week high are extreme readings that could attract attention, but RSI 34 in a strong-down trend means the move is not exhausted. No bottom formation visible. High absolute level means a position is costly while the knife is still falling. Needs a multi-week base and trend reversal signal before consideration.
LULU | RSI 35.7 | $115.50 | -54.2% from 52wk high
A -54% drawdown from the 52-week high sounds compelling, but LULU is a falling-knife disqualifier for the user's style specifically. This is not a dip in an uptrend — it is a sustained downtrend. The 7-day (-3.5%) and 30-day (-4%) declines are modest only because the prior damage was already done; the trend has not reversed. No entry until a clear bottom-pop-flag-breakout sequence forms.
CRM | RSI 36.1 | $161.71 | -41.6% from 52wk high
Down -8.3% in 7 days and -9.7% in 30 days with RSI at 36 and -10% below SMA20. A moderately severe oversold approach with no sign of buying support. -41.6% from 52-week high is notable but not extreme relative to the peer group here. Watch for stabilization.
TTD | RSI 38.3 | $18.96 | -79.3% from 52wk high
The most extreme discount in the scan by 52-week-high metric, at -79.3%. That reading alone would attract a value screen, but TTD's RSI at 38 and strong-down trend signal that the structural damage is ongoing, not reversing. A -14.9% 30-day decline and -8.4% vs SMA20 show continued distribution. The absolute price level ($18.96) suggests significant market-cap destruction. Needs a confirmed floor before any entry thesis.
Entry Zones
None of the names in this scan have reached an actionable entry zone under the user's framework. The core rule applies across all six names: a dip requires an existing uptrend. None of these are dips — they are downtrends. Pre-confirmation entries are off the table regardless of RSI level.
Conditions that would open an entry watch for the highest-quality names:
- ADBE / INTU / CRM: Multi-week base formation (RSI stops making new lows), price reclaims SMA20, then a pullback to SMA20 support with RSI holding 40+. That sequence would constitute a bottom-pop-flag setup worth watching.
- TTD: Given the -79% drawdown, entry requires either a confirmed fundamental catalyst (earnings beat + guidance raise) or a visible capitulation candle with volume spike and reversal close — RSI alone at 38 is insufficient.
- NFLX: No entry until insider selling abates and a reversal structure forms. Insider data overrides the RSI signal here.
- LULU: Needs trend reversal first. Watch for a close back above the 20-day SMA sustained over 2+ weeks.
Action Matrix
| Stock | Signal | Rationale | Action |
|---|---|---|---|
| NFLX | 🟢 Oversold BUT ⚠️ insider selling | RSI 29 masked by $1.4B insider exits — falling knife | ⚠️ Avoid |
| ADBE | 🔍 Watch | -48% from high, RSI approaching 30, but no bottom yet | 🔍 Watch — wait for base |
| INTU | 🔍 Watch | Deepest 30d decline (-30.3%), -65.5% from high — needs floor | 🔍 Watch — needs multi-week base |
| LULU | ❌ Don't Buy | No uptrend to dip into; falling-knife pattern by style rules | ❌ Don't Buy |
| CRM | 🔍 Watch | RSI 36 approaching, trend intact downward — needs stabilization | 🔍 Watch |
| TTD | 🔍 Watch | Most extreme discount (-79.3%) but distribution ongoing | 🔍 Watch — capitulation signal needed |
What Changed
- Environment is low-opportunity for bargain-bin plays. Only 1 name (NFLX) clears the strict RSI<30 AND below-SMA20 filter, and it is immediately disqualified by insider selling context. This is an unusually thin scan for the bargain-bin universe.
- ADBE had a sharp 7-day drop (-15.1%) that moved it close to the strict oversold threshold from RSI mid-30s. Worth flagging as the name most likely to enter the strict-filter zone next scan.
- INTU's 30-day decline (-30.3%) is the most severe single-name momentum reading in the scan. If it continues at this pace, it may reach RSI <30 in coming sessions — watch for a slowdown/base signal.
- TTD at -79.3% from 52-week high is the most structurally broken name in the scan on a peak-to-current basis. The market has already priced in significant damage; the question is whether distribution is finished.
- Overall market uptrend is suppressing bargain-bin opportunities. When the broader market is trending up, fewer quality names reach oversold thresholds — the thin field here reflects that dynamic, not a lack of universe coverage.
- No confirmed bottoms across any name. All six names are in strong-down trends with no reversal structure visible in the data. The scan is flagging distress, not opportunity — yet.
No direct external sources are attached to this read.