Every name in this book narrowed its 30-day loss this cycle — the uniform pullback regime that formed last week held, but the damage stopped deepening. TER posted the sharpest reversal (30-day -26.39% → -18.09%, 7-day flipped to +8.55%), ASML's monthly loss shrank to nearly flat (-9.44% → -0.32%), and BESIY, the one thesis-intact name, remains the weakest RSI in the book despite improving.

Data as-of the Friday 2026-07-24 close for the book. Prior scan: 2026-07-17-wfe-test-metrology (data as-of the 2026-07-17 close). STX and WDC earnings are scheduled for July 28/29 — a nearline-storage catalyst window adjacent to this book's test/OSAT names (TER, KLIC, AMKR, AMAT), though neither ticker trades in this watchlist directly.

Last cycle's book-wide convergence into a single "pullback" regime held this time, but the damage stopped compounding. TER, whose rollover was confirmed and shared with the supply-chain-traces book last cycle, showed the clearest turn: RSI improved from 39.2 to 45.3, its 7-day reading flipped from -10.36% to +8.55%, and its 30-day loss narrowed from -26.39% to -18.09%. ASML's monthly damage nearly disappeared — 30-day moved from -9.44% to -0.32% — while its RSI ticked up slightly to 48.3, still without its uptrend regime label back. AMAT's 30-day loss eased from -14.17% to -8.95% and its 7-day flipped positive (+1.24%, was -12.09%). ONTO, CAMT, and KLAC all showed the same pattern of narrowing rather than deepening losses. KLIC's 7-day flipped from -14.28% to +4.23%, RSI improving from 37.8 to 43.0. BESIY, the one thesis-intact name in the book, remains its weakest RSI reading at 37.3 even after improving from 32.5, with its 30-day loss narrowing from -29.91% to -22.75%. No name in the book crossed back to an uptrend, basing, or collapse regime this cycle — the whole list stays tagged pullback, meaning this reads as stabilization within an unresolved structure rather than a confirmed repair.

• TER: RSI 39.2 → 45.3, 7-day flipped from -10.36% to +8.55%, 30-day improved from -26.39% to -18.09% — the sharpest reversal in the book, shared with the supply-chain-traces read.
• ASML: 30-day improved from -9.44% to -0.32% (nearly flat), RSI 47.9 → 48.3; regime stays pullback (no uptrend label back yet).
• AMAT: 30-day improved from -14.17% to -8.95%, 7-day flipped from -12.09% to +1.24%.
• KLIC: 7-day flipped from -14.28% to +4.23%, RSI 37.8 → 43.0; 30-day still -17.80% (was -20.23%).
• CAMT: RSI 43.8 → 44.6, 30-day improved from -25.11% to -11.45%; regime stays pullback (no further upgrade from last cycle's collapse-to-pullback move).
• ONTO: 30-day improved from -16.15% to -15.40%, roughly flat; RSI 43.6 → 42.3.
• MKSI: 30-day improved from -20.10% to -13.74%, 7-day flipped from -11.91% to +1.38%.
• BESIY: thesis still rated intact; RSI 32.5 → 37.3, 30-day improved from -29.91% to -22.75% — still the weakest RSI in the book.
• AMKR: RSI 39.3 → 42.4, 30-day still deep at -21.51% (was -30.42%).
• FORM: RSI unchanged at 40.2, 30-day improved slightly from -29.41% to -26.43% — one of the slower stabilizers in the book.

Regime labels describe chart structure, not a buy/sell call. This cycle's headline is that every name's 30-day loss narrowed, but not one crossed back to a stronger regime tag — the book is still uniformly "pullback," meaning the damage has stopped compounding without yet confirming a floor. TER's reversal is the strongest single-name signal, matching the same stabilization flagged in the supply-chain-traces book. BESIY's thesis-intact rating is worth more than its still-weak RSI on its own.

Tier A — Mildest damage, highest RSI (still pullback regime): ASML, AMAT, TER. TER's sharp reversal is the standout confirmed move.

Tier B — Broad stabilization, structure unchanged: CAMT, ACLS, KLAC, MKSI, KLIC, ONTO, AMKR, LRCX.

Tier C — Slower stabilizers, still deeper damage: FORM, ENTG. Both narrowed their 30-day loss less than the rest of the book this cycle.

Tier D — Thesis-intact pullback, weakest RSI in the book: BESIY. Improved on both readings but still the low end of the book.

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