Optical Supply Chain Scan
Optical Supply Chain Scan
The book found a floor after two brutal cycles — most of the 37-name list flipped from negative to positive on the week, 30-day losses narrowed broadly, and SOI.PA (+35.95% 7D) and IQEPF (+31.14% 7D, RSI up to 55.6) posted the sharpest turnarounds. But the repair wasn't universal: POET and ALMU both crossed from a downtrend regime into outright collapse this cycle, growing the structurally-damaged bucket to seven names, and NGKIF's illiquid print is now two sessions stale.
Data as-of the Friday 2026-07-24 close for most of the book. NGKIF's newest bar is dated 2026-07-22 (two sessions behind) on effectively zero volume. IBIDF shows zero volume for this session — one of several thin OTC names that did not print a fresh Friday trade; read its number as carried-forward, not a fresh close. Prior scan: 2026-07-17-optical-supply-chain (data as-of the 2026-07-17 close).
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 Broad stabilization after last cycle's rout, but two names (POET, ALMU) deteriorated on structure even as price cooled |
| Key insight | SOI.PA's RSI ran from 33.3 to 53.9 on a +35.95% week — the sharpest single-cycle turnaround in the book |
What's Going On
This cycle reads as relief after two straight cycles of breakdown, though it stops short of a clean repair. Where nearly every name in the July 17 board carried a negative weekly print, most of the book now shows a positive or flat 7-day read, and 30-day losses have narrowed across the board — SNDK's 30-day loss eased from -37.99% to -24.96%, MXL's weekly swing flipped from -21.31% to -0.35%, and ALAB's brutal -26.48% week reversed to just -3.97% (though its 30-day figure is still roughly flat at -27.09%). The clearest turnarounds sit at the top of the RSI ladder: SOI.PA jumped from RSI 33.3 to 53.9 on a +35.95% weekly gain, and IQEPF ran from RSI 41.2 to 55.6 with its trend upgraded to strong-up on a +31.14% week — both now carry the strongest reads in the book, though neither has a thesis rating attached. LITE remains the mildest-damaged, rated-intact name in the book at RSI 46.0 and -23.21% from its 52-week high. Against that broad repair, two names moved the wrong way structurally: POET and ALMU both crossed from a downtrend regime into collapse this cycle. POET's thesis stays rated intact despite the downgrade; ALMU's rating shifted from unrated to a "no-view" call. The collapse-regime bucket now holds seven names (LWLG, FN, CLS, PLAB, LPTH, POET, ALMU), up from five last cycle. NGKIF's illiquid read persists — its bar is now dated 2026-07-22, two sessions behind the rest of the book, still on effectively no volume. IBIDF's print shows zero volume for this session; the day's data notes flag several thin OTC names, IBIDF included, that carried a stale bar forward rather than trading fresh Friday.
What Changed Since Prior Scan (07-17 → 07-24)
- POET: regime downgraded downtrend → collapse; thesis still rated intact; RSI 36.1 → 35.1, -63.48% from high (was -64.49%).
- ALMU: regime downgraded downtrend → collapse; thesis rating shifted from unrated to "no-view"; RSI 32.5 → 34.7.
- SOI.PA: RSI 33.3 → 53.9, 7-day +35.95% (was -14.57%), 30-day flipped from -32.86% to +7.41% — the sharpest turnaround in the book.
- IQEPF: RSI 41.2 → 55.6, trend upgraded to strong-up, 7-day +31.14% (was -3.85%).
- SNDK: 30-day improved from -37.99% to -24.96%, 7-day flipped from -29.29% to +6.03%; -31.60% from high (was -42.46%).
- ALAB: 7-day flipped from -26.48% to -3.97%; 30-day roughly flat at -27.09% (was -27.20%).
- MXL: 7-day flipped from -21.31% to -0.35%; 30-day improved from -19.06% to -15.77%.
- NGKIF: bar now two sessions stale (2026-07-22, was one session behind last cycle), still effectively zero volume; RSI 33.0 remains untradeable as signal.
- IBIDF: zero volume this session — carried-forward print, not a fresh close; RSI shows 38.8 (was 27.8) but should not be read as confirmed.
- LAZR: now carries an RSI reading (30.9) for the first time; still a too-young regime with no SMA data.
How To Read The Board
Regime labels describe chart structure, not a buy/sell call. This cycle's headline is the split between price and structure: most names bounced on price, but POET and ALMU both lost structural ground by crossing into collapse — a name can look better week-over-week on RSI and still be structurally worse. Treat NGKIF's and IBIDF's readings as noise until a fresh, liquid session confirms them; both carry explicit data caveats this cycle, not clean signals.
Price Table
| Stock | Price | RSI | 7D% | 30D% | vs SMA20 | Trend | From 52wkHigh |
|---|---|---|---|---|---|---|---|
| IQEPF | $0.64 | 55.6 | +31.14% | -2.64% | +14.2% | strong-up | -33.89% |
| SOI.PA | €115.25 | 53.9 | +35.95% | +7.41% | +10.8% | weak-down | -42.52% |
| TSEM | $233.37 | 46.6 | -0.31% | -15.24% | -1.9% | weak-down | -18.60% |
| PLAB | $30.33 | 46.3 | +5.13% | -4.17% | +1.8% | down | -44.75% (regime: collapse) |
| LITE | $762.99 | 46.0 | +4.12% | -9.44% | -2.1% | weak-down | -23.21% (thesis: intact) |
| AEHR | $76.32 | 44.6 | -5.84% | -19.83% | -5.8% | weak-down | -30.10% |
| FLTCF | $3.48 | 44.3 | +6.75% | -8.90% | -1.1% | weak-down | -59.06% |
| ONTO | $272.62 | 42.3 | -2.58% | -15.40% | -11.4% | weak-down | -24.63% |
| SMTC | $125.92 | 42.3 | +0.77% | -20.55% | -8.2% | weak-down | -21.80% |
| SNDK | $1436.56 | 42.3 | +6.03% | -24.96% | -16.7% | weak-down | -31.60% |
| KOPN | $3.58 | 42.1 | -6.04% | -7.01% | -9.0% | weak-down | -42.51% |
| MXL | $71.59 | 41.9 | -0.35% | -15.77% | -21.4% | weak-down | -28.89% |
| VIAV | $39.52 | 41.6 | +3.56% | -20.02% | -6.4% | weak-down | -30.83% |
| LPTH | $10.83 | 40.5 | +3.54% | -16.69% | -13.9% | down | -34.69% (regime: collapse) |
| FN | $476.04 | 40.2 | -0.49% | -16.22% | -4.6% | down | -30.87% (regime: collapse) |
| FORM | $104.04 | 40.2 | -1.45% | -26.43% | -12.7% | weak-down | -29.65% |
| CIEN | $390.96 | 39.7 | +4.42% | -15.65% | -9.2% | weak-down | -36.07% |
| JBL | $312.59 | 39.6 | +3.85% | -15.93% | -5.8% | weak-down | -24.92% |
| 6779.T | ¥2817 | 39.6 | +7.38% | -28.14% | -13.5% | weak-down | -43.77% |
| IBIDF | $107.72 | 38.8 | +9.95% | -26.55% | -11.3% | weak-down | -29.81% (zero volume this session) |
| CLS | $305.28 | 38.8 | +1.31% | -15.72% | -9.8% | down | -29.38% (regime: collapse) |
| ALAB | $291.58 | 38.1 | -3.97% | -27.09% | -22.1% | weak-down | -34.54% |
| AXTI | $47.23 | 38.2 | +2.99% | -32.66% | -17.7% | weak-down | -63.03% |
| COHR | $282.39 | 38.0 | +1.73% | -28.05% | -12.7% | weak-down | -28.81% |
| AAOI | $100.15 | 38.6 | -2.21% | -31.86% | -15.9% | weak-down | -52.06% |
| HIMX | $12.62 | 38.5 | -1.41% | -18.37% | -9.6% | weak-down | -47.11% |
| ALRIB.PA | €9.91 | 38.4 | +3.01% | -15.30% | -4.5% | weak-down | -46.43% |
| LWLG | $6.05 | 36.6 | -2.89% | -27.89% | -14.7% | down | -64.30% (regime: collapse) |
| GLW | $146.65 | 36.4 | -5.15% | -28.75% | -21.3% | weak-down | -42.58% |
| OPTX | $7.05 | 36.2 | -5.87% | -31.75% | -22.2% | weak-down | -49.40% |
| LPK.DE | €13.75 | 35.2 | -6.33% | -45.00% | -21.4% | weak-down | -55.36% |
| POET | $6.89 | 35.1 | -6.77% | -35.37% | -18.4% | down | -63.48% (regime: collapse; thesis: intact) |
| SIVEF | $3.13 | 34.8 | -14.71% | -61.41% | -32.6% | neutral | -69.96% (regime: too-young) |
| ALMU | $14.22 | 34.7 | -2.64% | -32.37% | -18.8% | down | -49.83% (regime: collapse) |
| MTSI | $266.99 | 33.6 | -0.14% | -28.44% | -13.5% | weak-down | -32.49% |
| NGKIF | $38.00 | 33.0 | -18.38% | -21.57% | -14.5% | weak-down | -21.58% (data 07-22, ~zero volume — illiquid read) |
| LAZR | $38.62 | 30.9 | +3.12% | -23.68% | n/a | neutral | -19.02% (regime: too-young) |
Tier Analysis
Tier A — Turnaround pocket, RSI 40+ (stabilizing, mostly positive on the week): IQEPF, SOI.PA, TSEM, LITE, AEHR, FLTCF, ONTO, SMTC, SNDK, KOPN, MXL, VIAV, FORM. IQEPF and SOI.PA lead with the strongest weekly moves in the book.
Tier B — Broad digestion, structure holding (RSI 33-40): COHR, CIEN, ALAB, MTSI, GLW, JBL, AXTI, AAOI, ALRIB.PA, OPTX, LPK.DE, 6779.T, HIMX. Most of these still carry double-digit 30-day losses even as the weekly print stabilizes.
Tier C — Structural avoid (regime collapse, 7 of 37): LWLG, FN, CLS, PLAB, LPTH, POET, ALMU. POET and ALMU are fresh entries this cycle, both downgraded from downtrend.
Tier D — Data caveat: NGKIF (two-session-stale bar, near-zero volume), IBIDF (zero volume this session), SIVEF and LAZR (too-young regime, no confirmed structure yet).
Entry Zones
| Stock | Price | RSI | 30D% | Setup |
|---|---|---|---|---|
| LITE | $762.99 | 46.0 | -9.44% | Thesis intact, mildest 30-day damage in the book — the closest thing to a stable, rated name here |
| POET | $6.89 | 35.1 | -35.37% | Thesis intact, but regime just crossed into collapse — deep damage paired with the weakest structural tag in the book; a repair call needs a floor first |
| SOI.PA | €115.25 | 53.9 | +7.41% | Sharpest turnaround in the book, but no thesis rating — worth tracking for follow-through, not yet a rated entry |
| NGKIF | $38.00 | 33.0 | -21.57% | Two-session-stale, effectively zero volume — do not treat this RSI as a tradeable signal |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔍 RESEARCH | LITE, POET | Thesis-intact names; LITE is the mildest hit in the book, POET the deepest and now regime-downgraded |
| 📈 ACCUMULATE | SOI.PA, IQEPF | Sharpest confirmed turnarounds this cycle, worth tracking for follow-through |
| ⚠️ AVOID | TSEM, PLAB, AEHR, FLTCF, ONTO, SMTC, SNDK, KOPN, MXL, VIAV, FORM, COHR, CIEN, ALAB, MTSI, GLW, JBL, AXTI, AAOI, ALRIB.PA, OPTX, LPK.DE, 6779.T, HIMX | Broad digestion, RSI <47, still double-digit 30-day losses |
| ❌ DON'T BUY | LWLG, FN, CLS, PLAB, LPTH, ALMU | Regime collapse, no repair signal |
| 🔍 DATA CAVEAT | NGKIF, IBIDF, SIVEF, LAZR | Stale/illiquid (NGKIF, IBIDF) or too-young with no confirmed structure yet (SIVEF, LAZR) |
What To Watch Next
| Watch | Why it matters |
|---|---|
| POET/ALMU's collapse-regime entry | Both crossed from downtrend into collapse this cycle even as broader price stabilized — a structural warning inside an otherwise-repairing book |
| SOI.PA/IQEPF follow-through | The book's sharpest turnarounds this cycle — neither carries a thesis rating, so confirmation matters before treating either as more than a bounce |
| NGKIF's next liquid print | Now two sessions stale on effectively zero volume — needs a real trade to mean anything |
| IBIDF's carried-forward bar | Flagged among the day's thin-OTC names without a fresh Friday print — recheck next cycle |
| Whether the broad 7-day repair holds | Most of the book flipped positive on the week after two brutal cycles — the next print tells us if this is a floor or a bounce |
Sources
- Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-24 close — *.
Related
10 eventsNo direct external sources are attached to this read.