Reason: BE's "genuinely new leg down" deepened further - a -14.91% single-day move on top of a -43.32% 30-day drawdown, the worst print in the basket. CEG posted a sharp RSI bounce (46.3 to 60.4, +8.7% 7D, -0.5% on Friday) even while still flagged death-crossed; GEV kept cooling but remains the cleanest structure; TLN's cooling pace slowed.

Tape Read

BE's breakdown keeps deepening — RSI fell to 36.2 (was 39.0), a fresh -13.99% week, and the 30-day drawdown widened further to -43.32% (was -34.64%), with a -14.91% single-day move sitting inside that week — the deepest damage in this file's history for the name. CEG is the surprise this cycle: RSI jumped to 60.4 (was 46.3) on a +8.7% week, a real bounce even though it stays flagged downtrend regime and death-crossed — not yet a structural reversal. GEV kept cooling for a third straight read: RSI 45.4 (down from 50.2), -4.07% 7D, still golden-cross and the cleanest structure in the basket, -13.78% off its 52-week high. TLN's cooling pace eased: RSI 43.2 (down slightly from 46.3), -3.35% 7D (roughly flat vs -3.48%), and its 30-day print improved to -11.33% (was -14.65%). Source: full-scan pre-computed summaries as of the 2026-07-24 close — *.

• GEV — WATCH (downgraded from PROMOTE): RSI 45.4 (down from 50.2), still golden-cross, -13.78% off 52wk high — the cleanest structure in the basket keeps eroding, still the least-bad chart.
• TLN — WATCH: RSI 43.2 (down slightly from 46.3), golden cross intact, 30D improved to -11.33% (was -14.65%) — the cooling pace slowed this cycle.
• BE — PASS (further downgraded): RSI 36.2 (down from 39.0), -43.32% 30D (worse than -34.64%), plus a -14.91% single-day drop — the "genuinely new leg down" call keeps confirming itself, the worst print in the whole basket.
• CEG — WATCH (upgraded from PASS): RSI 60.4 (up sharply from 46.3), +8.7% 7D — a real bounce, though still death-crossed and flagged downtrend; not yet a structural reversal.

Lead pick: No clean promote left in this basket — GEV remains the least-damaged chart by default while it keeps cooling. BE continued to deteriorate — one mid-week session fell nearly 15% — and is this cycle's clearest flag; CEG's sharp RSI bounce is the one to watch for whether it holds into next read.

Sources

• Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-24 close — *.