Healthcare Scan
Healthcare Scan
Data as-of 2026-07-24 close (Friday settled close).
TMO crossed into overbought this week — RSI 71.0, the only name above 70 in this 21-ticker cut, still flagged thesis-intact. HROW moved the opposite direction: RSI 66.6 → 39.9, a -17.58% single-week drop that erased its spot among the sector's leaders. ISRG stayed pinned in a collapse regime at RSI 31.4, -45.0% off its 52-week high, while MRK and JNJ both climbed into the low-to-mid 60s — MRK's regime classifier now reads an outright breakout, just -0.96% off its own 52-week high.
Source: healthcare.json (the broader 21-name universe, not the narrower healthcare-scan.json cut). Latest bar 2026-07-24 for every name in this cut. Prior scan: 2026-07-17-healthcare-scan.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 Mixed — one name crossed overbought (TMO), one cracked hard (HROW), ISRG stayed broken, and MRK/JNJ climbed into the strongest structural reads in the cut |
| Leaders | TMO (RSI 71.0, only overbought print, thesis intact); ABT (68.3, steady climber); AMGN (64.1) |
| Laggards | ISRG (RSI 31.4, collapse regime, -45.0% from its 52-week high); MRNA (36.7, kept sliding, -12.5% this week); HROW (39.9, -17.6% this week, the sector's worst single-week move) |
| Key insight | MRK's regime classifier now reads "breakout" — just -1.0% off its 52-week high, +18.0% over 3 months — the strongest structural read of any name in this cut |
What's Going On
TMO is this session's clearest single-name story. RSI climbed to 71.0 — the only name in this cut above the overbought threshold — up 6.72% over the past week and 15.45% over 30 days (change7d, change30d per healthcare.json), with its thesis flag still reading "intact." HROW moved the opposite direction, dropping RSI from 66.6 to 39.9 on a -17.58% single-week decline (change7d) that erased its place among the sector's best-performing names.
ISRG remains the sector's most structurally broken large-cap. RSI sits at 31.4, essentially unchanged from the 30.2 flagged two scans ago, with the price now -45.02% off its 52-week high — worse than the -42.8% read on July 17 — and the regime classifier still reading "collapse" despite an "intact" thesis flag on file.
MRK and JNJ both climbed into the low-to-mid 60s this week: MRK's RSI moved 58.1 → 62.4, and its regime classifier now reads "breakout" — the strongest structural read of any name in the cut, just -0.96% off its 52-week high and up 17.97% over 3 months. JNJ moved 54.5 → 62.8, up 9.29% over 30 days.
Away from those extremes, a broad middle of the sector cooled from a more extended prior read: GILD, DXCM, UNH, VEEV, CVS, BIIB, VRTX, and PFE all pulled back into the RSI 46-62 range this week, down from the RSI 53-69 range they carried on July 17 — a delayed version of the same broad-cooling pattern this session's chip-sector cut showed a week earlier.
What Changed Since Prior Scan (2026-07-17)
- TMO crossed into overbought. RSI 62.3 → 71.0, +15.45% over 30 days — the only name in the cut now above the 70 threshold, thesis still marked "intact."
- HROW had the sector's worst single week. RSI 66.6 → 39.9, -17.58% over the past week — the biggest reversal in the cut.
- ISRG remained the sector's most broken large-cap. RSI 30.2 → 31.4, essentially flat, but the price kept deteriorating (-45.02% off its 52-week high vs -42.8% two scans ago).
- MRK climbed into a "breakout" regime. RSI 58.1 → 62.4, now just -0.96% off its own 52-week high.
- JNJ improved meaningfully. RSI 54.5 → 62.8, +9.29% over 30 days.
- MRNA kept sliding. RSI 45.9 → 36.7, -12.54% over the past week — the same direction flagged last scan.
- A broad middle of the sector cooled from prior extension. GILD (56.9 → 47.9), DXCM (58.9 → 47.4), UNH (58.4 → 51.6), VEEV (65.3 → 53.0), CVS (68.5 → 61.6), PFE (53.6 → 46.6) all pulled back.
- ZTS remains broken. RSI 46.9 → 45.5, still in a "collapse" regime, -53.53% off its 52-week high.
- ABT held its leadership position. RSI 67.2 → 68.3, still climbing without extending into overbought.
- Universe unchanged. Same 21 tickers as the July 17
healthcare.jsoncut — no composition change.
How To Read The Board
RSI measures how stretched a stock is over the past 14 sessions — under 30 is oversold, over 70 is overbought/extended. vs SMA20 is the price gap to the 20-day average. vs VWAP is the premium over the average price paid by current holders — a useful gut check on how much of a move is unrealized gain that could get sold into weakness. Trend combines direction/strength with a cross signal: GC (golden cross) is structurally healthier than DC (death cross). A stock at a low RSI while the regime classifier reads "collapse" — like ISRG and ZTS here — means the price move hasn't been confirmed by the underlying structure; treat it as "watch," not "buy."
Price Table
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | 52wkHi% | Trend | vs VWAP |
|---|---|---|---|---|---|---|---|---|---|
| ISRG | $337.50 | 31.4 | -13.1% | -2.3% | -16.0% | -30.0% | -45.0% | strong-down DC | -28.0% |
| MRNA | $54.07 | 36.7 | -20.2% | -12.5% | -10.5% | +6.6% | -33.4% | weak-down GC | +37.6% |
| HROW | $38.45 | 39.9 | -10.8% | -17.6% | -9.9% | -3.2% | -23.7% | strong-down DC | -4.3% |
| ZTS | $75.35 | 45.5 | +1.1% | -0.9% | -2.9% | -35.1% | -53.5% | strong-down DC | -31.4% |
| PFE | $24.54 | 46.6 | +0.4% | -2.0% | +2.1% | -7.6% | -13.7% | strong-down DC | -1.0% |
| DXCM | $71.54 | 47.4 | -1.8% | -6.7% | +2.6% | +16.2% | -21.7% | weak-down GC | +4.4% |
| GILD | $129.31 | 47.9 | -1.4% | -3.7% | +3.3% | -0.2% | -16.8% | weak-up DC | +2.4% |
| GH | $147.33 | 48.8 | -6.3% | -5.5% | +7.6% | +65.7% | -13.7% | strong-up GC | +54.2% |
| VRTX | $477.36 | 49.2 | -2.9% | -1.7% | +0.5% | +10.9% | -11.4% | strong-up GC | +8.7% |
| BIIB | $202.19 | 50.5 | -1.5% | -1.8% | +1.3% | +9.7% | -8.7% | strong-up GC | +18.5% |
| UNH | $420.74 | 51.6 | -1.0% | -1.3% | +3.7% | +19.2% | -8.2% | strong-up GC | +32.0% |
| VEEV | $186.24 | 53.0 | -1.1% | -4.7% | +15.4% | +15.6% | -42.2% | weak-up DC | -9.3% |
| MDT | $83.21 | 55.7 | +1.4% | +0.0% | +4.8% | +0.8% | -22.9% | weak-up DC | -5.9% |
| SYK | $330.25 | 56.2 | +2.3% | +3.3% | +5.6% | +1.1% | -21.1% | weak-up DC | -3.7% |
| LLY | $1,196.03 | 57.3 | +0.5% | +1.4% | +7.1% | +35.5% | -5.1% | strong-up GC | +29.0% |
| CVS | $107.74 | 61.6 | +2.0% | +0.3% | +5.8% | +38.2% | -2.4% | strong-up GC | +34.8% |
| MRK | $131.07 | 62.4 | +3.4% | +2.8% | +8.7% | +18.0% | -1.0% | strong-up GC | +28.4% |
| JNJ | $263.40 | 62.8 | +2.7% | +4.1% | +9.3% | +16.5% | -3.8% | strong-up GC | +24.1% |
| AMGN | $376.04 | 64.1 | +3.0% | +2.7% | +7.0% | +10.0% | -5.1% | strong-up GC | +14.7% |
| ABT | $103.06 | 68.3 | +8.0% | +2.4% | +14.7% | +13.9% | -26.7% | weak-up DC | -3.2% |
| TMO | $568.26 | 71.0 | +7.8% | +6.7% | +15.5% | +21.1% | -11.1% | up DC | +10.0% |
Tier Analysis
Extreme Oversold (RSI < 25)
None.
Oversold (RSI 25-40)
ISRG (31.4), MRNA (36.7), HROW (39.9). Three names — HROW is new to this band after its -17.6% single-week break.
RSI 40+ (everyone else)
- Weak / unresolved (RSI 41-49): ZTS, PFE, DXCM, GILD, GH, VRTX. ZTS remains the standout for how broken it is (-53.5% from its 52-week high,
strong-down DC, "collapse" regime). - Basing / cleanest accumulate (RSI 50-58): BIIB, UNH, VEEV, MDT, SYK, LLY. None extended, none broken.
- Momentum (RSI 61+): CVS, MRK, JNJ, AMGN, ABT, TMO. TMO alone crossed the overbought line at 71.0; MRK's "breakout" regime read is the strongest structural signal in the cut.
Entry Zones
| Stock | Price | Zone | RSI | 30D% | Setup |
|---|---|---|---|---|---|
| AMGN | $376.04 | <$349.50 (support shelf) | 64.1 | +7.0% | Steady climber, not extended |
| MDT | $83.21 | <$82.37 (support shelf) | 55.7 | +4.8% | Thesis marked intact, basing near support |
| GILD | $129.31 | <$127.48 (support shelf) | 47.9 | +3.3% | Cooled from prior extension, not extended vs VWAP |
| TMO | $568.26 | Extended — no clean entry | 71.0 | +15.5% | Only overbought print in the cut; thesis intact but wait for a pullback |
| ISRG | $337.50 | No support shelf identified | 31.4 | -16.0% | Collapse regime persists; thesis flagged "intact" but structure is broken |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 📈 ACCUMULATE | AMGN, MDT, GILD, PFE | Not extended, cleanest technical setups in the cut |
| 🔒 HOLD | MRK, JNJ, LLY, UNH, CVS, VEEV, ABT, SYK, BIIB, VRTX, DXCM, GH | Cooled from prior extension or climbing steadily without breaking down; don't add at current premiums |
| 🔍 WATCH | MRNA, HROW | MRNA kept sliding; HROW just cracked hard after months of extension — neither has confirmed a floor |
| ⚠️ AVOID / DON'T CHASE | TMO | RSI 71, crossed overbought this week |
| ❌ BROKEN / AVOID | ISRG, ZTS | Both in a "collapse" regime — structurally broken, no confirmed reversal |
What To Watch Next
- TMO just crossed into overbought for the first time in this cut — does the thesis-intact name keep running, or cool off from here?
- HROW cracked hard this week (66.6 → 39.9, -17.6% over the past week) after months of extension — is this a normal give-back or the start of a real reversal?
- MRK's regime classifier now reads "breakout," just -1.0% off its 52-week high — does it confirm with a golden cross, or is this a false extension?
- ISRG and ZTS remain the sector's two structurally broken names — any sign either finds a floor, or does the collapse regime keep deepening in both?
Sources
- Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-24 close — healthcare.
Related
10 eventsNo direct external sources are attached to this read.