AI Scan

Scan

AI Scan

raw scan snapshot — prices as of scan date, not live 96 rows · screens, not recommendations

This scan is largely a give-back of the last cycle's stabilization: memory (MU, STX, WDC) round-tripped a rally into a matching decline, semis broadly cracked (ASML the sharpest single-name break), and the AI-power cluster's prior improvers (CEG, VST) reversed hard — while legacy SaaS staged the mirror-image move, with ADBE, WDAY, CRM, NOW, and PATH all reversing sharply positive. The single biggest move in the scan was telecom's SKM, which gave back its entire prior reversal week in one -12.8% day; BE posted a second consecutive double-digit single-day crash (-11.34%) on top of the prior cycle's -14.91% print. 65 of 66 tickers carry a fresh 2026-07-28 close; SOUN's read is stale (2026-07-24) and is flagged where it appears (ai-scan).

FROTH READ: vs VWAP is the key signal — names >50% above VWAP are extended/parabolic relative to their average buyer's cost basis.


Quick Snapshot

Signal Reading
Overall 🔴 Broad give-back — memory, semis, and the AI-power cluster's prior improvers all reversed lower, while legacy SaaS staged the opposite move
Biggest single event SKM — -12.8% in the latest session, the largest one-day move in the scan, erasing an entire prior reversal week
Deepest ongoing damage BE — second straight double-digit single-day crash (-11.34%), 30-day drawdown now -39.33%
Sharpest positive reversal Legacy SaaS: WDAY (RSI 50.1→65.5), ADBE (51.5→63.5), CRM (47.5→60.8), NOW (45.8→58.0), all with 7-day changes flipping from negative to double-digit positive
Data caveat SOUN's read is stale (2026-07-24); every other ticker in this scan carries a fresh 2026-07-28 close

What's Going On

Memory and semis gave back the prior cycle's stabilization almost entirely. MU, STX, and WDC — which had each posted 8-9% weekly gains two cycles ago — reversed into 15-16% weekly losses, with all three falling 6.9-8.9% in the latest single session alone. The wider semis complex cracked in sympathy: NVDA's RSI fell from 51.0 to 43.0, AMD crashed -8.15% in a single day (RSI 39.4, 30-day change -15.73%), and ASML posted the sharpest single-name break in the group — RSI 48.3→37.1, its 7-day change flipping from +0.54% to -12.13%. MRVL and ARM, which had been described as "stabilizing off their craters" last cycle, resumed deteriorating instead: MRVL's 30-day drawdown widened from -29.79% to -37.17%, ARM's from -27.59% to -28.77%.

The AI-power cluster split the other way from two cycles ago. BE posted its second consecutive double-digit single-day crash (-11.34%, on top of the prior -14.91% print), pushing its 7-day change to -26.26%. CEG and VST — last cycle's clearest improvers — both reversed hard: CEG's 7-day change flipped from +8.7% to -0.92%, VST's from +5.11% to -8.43%. SEDG's decline deepened further (30-day drawdown -14.35%→-27.62%), while RUN and EOSE both sit near capitulation without resolving either way.

The clean counter-story is legacy SaaS. ADBE, WDAY, CRM, NOW, and PATH all reversed sharply positive this cycle — WDAY's RSI climbed from 50.1 to 65.5 as its 7-day change flipped from -6.52% to +13.12%, and CRM, NOW, and ADBE all posted similar double-digit RSI gains with 7-day changes flipping from negative to positive. AI (C3.ai) joined the move too, its 30-day change turning positive (+0.34%) for the first time after weeks of deepening collapse — though it remains death-crossed and -65.77% off its 52-week high. PLTR was the one name in this group that stayed negative on the week (7D -6.88%) even as its peers reversed.

Elsewhere, data-center REITs gave back a chunk of their own prior reversal — DLR's RSI cooled from 68.5 to 60.7, EQIX's from 61.3 to 47.9 — while telecom's T and VZ kept extending into overbought territory (RSI 72.4 and 70.6) even as SKM erased its entire reversal week in a single -12.8% session. AI security was mostly flat this cycle except for ZS, which turned positive on the week (7D +1.96%) while PANW, CRWD, and FTNT stayed roughly unchanged. ISRG posted the clearest recovery in the AI-healthcare group (RSI 31.4→42.4, 7D turning positive at +3.35%) while still carrying a death cross.


What Changed Since the 2026-07-25 Scan

  1. Memory/storage round-tripped hard: MU RSI 47.3→40.5 (7D +8.48%→-15.48%, 30D -12.15%→-28.34%); STX 48.0→39.8 (7D +8.13%→-16.21%, 30D -14.25%→-22.84%); WDC 45.7→39.6 (7D +8.92%→-15.48%, 30D -19.26%→-28.9%) — all three fell 6.9-8.9% in the latest session alone.
  2. Legacy SaaS staged a sharp positive reversal: WDAY RSI 50.1→65.5 (7D -6.52%→+13.12%); ADBE 51.5→63.5 (7D -5.12%→+9.69%); CRM 47.5→60.8 (7D -4.16%→+6.73%); NOW 45.8→58.0 (7D -4.32%→+8.39%); PATH 44.5→58.7 (7D -10.78%→+1.25%); AI 31.3→48.0 (30D flipped -12.55%→+0.34%).
  3. AMD crashed -8.15% in a single day: RSI 50.0→39.4, 7D -16.5%, 30D -15.73%.
  4. ASML posted the sharpest single-name crack in semis: RSI 48.3→37.1, 7D +0.54%→-12.13%, 30D -0.32%→-15.94%.
  5. MRVL and ARM resumed deteriorating after last cycle's stabilization: MRVL 30D -29.79%→-37.17% (RSI 39.0→34.3); ARM 30D -27.59%→-28.77% (RSI 38.0→35.9).
  6. BE crashed a second consecutive double-digit single day (-11.34%): RSI 36.2→33.3, 7D -13.99%→-26.26%.
  7. CEG and VST reversed from improving to declining: CEG RSI 60.4→48.6 (7D +8.7%→-0.92%); VST 54.8→40.7 (7D +5.11%→-8.43%).
  8. Data-center REITs gave back a chunk of their prior reversal: DLR RSI 68.5→60.7 (7D +14.49%→+7.74%); EQIX 61.3→47.9 (7D +6.3%→+0.68%).
  9. SKM erased its entire reversal week in a single -12.8% day: RSI 58.4→40.5, 7D +16.49%→-3.82%. T and VZ both kept extending: T RSI 69.3→72.4 (now overbought); VZ 64.3→70.6.
  10. Cloud hyperscalers were mixed: MSFT recovered (RSI 44.5→51.5) and GOOGL climbed out of oversold-adjacent territory (32.8→42.1), while TSLA deepened its own breakdown (28.1→27.4, 30D -16.64%→-25.35%).
  11. ZS bucked the AI-security group: RSI 49.8→58.1 (7D -5.08%→+1.96%) while PANW, CRWD, and FTNT stayed roughly flat.
  12. ISRG stabilized further: RSI 31.4→42.4, 7D -2.29%→+3.35%, 30D -16.01%→-10.88%.
  13. SMCI's monster reversal cooled: RSI 52.4→48.3, 7D decelerating from +24.48% to +11.57%, though the 30-day figure flipped from -7.24% to +1.07%.

Price Tables by Group

Semis & Foundry

Stock Price RSI 7D% 30D% 3M% vs VWAP 52wkHi% Trend Signal
NVDA $197.01 43.0 -4.96% +1.05% -5.74% +4.12% -16.71% weak-down 🟡 Cracked from 51.0, thesis flagged intact
AMD $454.62 39.4 -16.5% -15.73% +34.86% +74.07% -22.25% weak-down 🔴 -8.15% single-day crash
AVGO $380.91 47.5 -1.45% +2.27% -5.9% +7.08% -23.05% weak-down 🟢 Roughly flat, thesis intact
SMCI $28.45 48.3 +11.57% +1.07% +8.09% -19.78% -54.38% strong-down 🟡 Reversal cooling, still death-crossed
TSM $392.31 39.0 -7.61% -13.8% -0.15% +15.94% -18.1% weak-down 🔍 Drawdown deepened again
ASML $1,582.95 37.1 -12.13% -15.94% +13.55% +21.16% -20.85% weak-down 🔴 Sharpest single-name crack in the group
MRVL $174.47 34.3 -16.1% -37.17% +11.46% +12.68% -47.11% weak-down ⚠️ Resumed deteriorating after prior stabilization
ARM $244.74 35.9 -15.53% -28.77% +21.34% +19.81% -45.94% weak-down ⚠️ Resumed deteriorating after prior stabilization
QCOM $162.88 36.5 -6.12% -13.69% +4.79% -6.67% -37.33% down 🔍 Roughly flat, still weak
INTC $86.30 33.9 -18.16% -34.48% -8.92% +41.1% -39.37% weak-down 🔴 Decline accelerated further

Read: The whole complex reversed the prior cycle's stabilization. ASML's -12.13% weekly change is the sharpest single-name crack, while MRVL and ARM — described as "stabilizing" last cycle — both resumed deteriorating, with MRVL's 30-day drawdown now the deepest in the group.

Memory / Storage

Stock Price RSI 7D% 30D% 3M% vs VWAP 52wkHi% Trend Signal
MU $820.53 40.5 -15.48% -28.34% +58.29% +57.84% -34.62% weak-down 🔴 Round-tripped the week's rally, -8.85% single day
STX $747.30 39.8 -16.21% -22.84% +16.25% +63.27% -34.73% weak-down 🔴 Same round-trip, -8.53% single day
WDC $463.51 39.6 -15.48% -28.9% +12.33% +66.79% -42.05% weak-down 🔴 Same pattern, still worst of the three, -6.91% single day

Read: All three round-tripped a rally that had posted 8-9% weekly gains two cycles ago into 15-16% weekly losses, with single-day drops of 6.9-8.9% behind the move — a real reversal, not just a pause.

Cloud Hyperscalers

Stock Price RSI 7D% 30D% vs VWAP 52wkHi% Trend Signal
AMZN $230.86 36.3 -6.74% -3.86% -0.47% -17.12% down 🔍 Still the weakest, decline continuing
MSFT $393.35 51.5 -1.11% +6.72% -9.81% -29.18% strong-down 🟢 Recovered from 44.5, still death-crossed
GOOGL $333.71 42.1 -3.87% -5.64% +10.34% -18.33% weak-down 🟢 Climbed out of oversold-adjacent territory
META $593.41 43.0 -7.83% +5.48% -8.86% -25.47% strong-down 🟡 Roughly flat, still death-crossed
TSLA $307.44 27.4 -18.87% -25.35% -24.19% -38.37% strong-down 🔴 Standout breakdown deepened further

Read: MSFT and GOOGL both recovered meaningfully while TSLA's breakdown deepened further — RSI now capitulation-adjacent at 27.4, its 30-day drawdown widening to -25.35%.

AI Security

Stock Price RSI 7D% 30D% 3M% vs VWAP 52wkHi% Trend Signal
PANW $319.00 48.6 -6.77% -3.92% +75.72% +57.68% -13.5% strong-up 🟡 Roughly flat off the reversal
CRWD $181.80 46.7 -4.89% -2.12% +60.74% +45.78% -16.41% strong-up 🟡 Roughly flat
FTNT $149.98 46.2 -5.14% -3.5% +74.17% +59.1% -11.96% strong-up 🟡 Roughly flat
ZS $151.63 58.1 +1.96% +10.2% +12.54% -17.48% -55.0% weak-up 🟢 Bucked the group, turned positive on the week

Read: ZS was the one name that turned positive this cycle; PANW, CRWD, and FTNT all stayed roughly where they were.

Data / Software / SaaS

Stock Price RSI 7D% 30D% vs VWAP 52wkHi% Trend Signal
SNOW $270.36 61.1 -0.5% +7.43% +30.61% -5.13% strong-up 🔒 Hold, steady
DDOG $250.88 52.3 -1.53% +0.93% +56.88% -9.98% strong-up 🔒 Hold, decelerated from a hot month
DLR $193.18 60.7 +7.74% +1.36% +11.06% -7.19% strong-up 🟡 Gave back a chunk of its reversal
EQIX $1,034.86 47.9 +0.68% -4.64% +15.2% -8.31% weak-down 🔍 Gave back most of its reversal
ANET $169.71 48.6 -2.79% +3.42% +17.81% -10.59% strong-up 🟡 Cooled from its improvement
CSCO $115.58 52.4 +3.03% -1.43% +35.31% -11.34% weak-down 🟢 Improved further
ADBE $249.18 63.5 +9.69% +20.71% -11.78% -33.76% weak-up 🟢 Sharp reversal, still death-crossed
WDAY $159.69 65.5 +13.12% +29.22% -4.5% -36.09% weak-up 🟢 Sharpest reversal in the group, still death-crossed
CRM $181.50 60.8 +6.73% +14.92% -11.01% -33.76% weak-up 🟢 Sharp reversal, still death-crossed
NOW $110.62 58.0 +8.39% +10.65% -7.71% -45.01% weak-up 🟢 Sharp reversal, still death-crossed
PLTR $123.53 44.5 -6.88% +6.77% -21.62% -40.47% strong-down 🔍 Still negative on the week despite peers reversing
PATH $12.19 58.7 +1.25% +14.14% -2.68% -38.56% weak-up 🟢 Reversed off last cycle's sharpest decline
MDB $310.62 43.6 +0.97% -8.15% -1.78% -30.15% down 🔍 Watch
AI $8.90 48.0 +3.61% +0.34% -33.99% -65.77% strong-down 🟢 First positive 30-day reading in weeks, still death-crossed

Read: A broad legacy-SaaS reversal this cycle — ADBE, WDAY, CRM, NOW, and PATH all turned sharply positive on the week, WDAY the sharpest single reversal. PLTR was the exception, staying negative on the week even as its peers turned. DLR and EQIX, last cycle's biggest reversals, both gave back a meaningful chunk of that move.

AI Power / Energy

Stock Price RSI 7D% 30D% 3M% vs VWAP 52wkHi% Trend Signal
BE $166.84 33.3 -26.26% -39.33% -42.06% +10.33% -52.51% down 🔴 Second straight double-digit single-day crash (-11.34%)
CEG $259.82 48.6 -0.92% +0.19% -12.38% -15.42% -37.04% strong-down 🔴 Reversed from improving to declining
VST $148.64 40.7 -8.43% -8.46% -3.21% -13.13% -32.38% strong-down 🔴 Reversed from improving to declining
SMR $8.22 41.6 -5.63% -19.88% -27.39% -57.95% -85.68% strong-down 🟡 Roughly flat
OKLO $39.58 32.9 -10.31% -24.98% -39.09% -55.4% -79.58% strong-down 🔍 Roughly flat, still weak
NEE $89.28 54.6 +1.54% +0.7% -4.5% +6.42% -9.59% strong-up 🔍 Steady
FSLR $202.59 33.8 -1.68% -12.98% +6.29% -11.44% -36.88% down 🔍 Ticked up slightly
ENPH $36.32 34.0 -9.06% -24.87% +16.45% -9.0% -50.75% down 🔍 Ticked up slightly
SEDG $40.07 33.1 -20.29% -27.62% -3.63% -0.52% -50.68% down 🔴 Decline deepened further
RUN $9.63 26.4 -15.82% -28.56% -19.28% -37.39% -57.09% strong-down ❌ Near capitulation, still deteriorating
EOSE $3.37 27.8 -20.52% -44.66% -46.85% -65.33% -83.03% strong-down ❌ Near capitulation, still deepening

Read: This cluster reversed direction from last cycle — CEG and VST, the prior improvers, both flipped back to declining, while BE posted a second consecutive double-digit single-day crash. FSLR and ENPH ticked up marginally; RUN and EOSE remain near capitulation without resolving.

AI Healthcare

Stock Price RSI 7D% 30D% 3M% vs VWAP Trend Signal
ISRG $361.80 42.4 +3.35% -10.88% -20.28% -22.47% strong-down 🟡 Clearest recovery in the group, still death-crossed
TEM $42.90 33.4 -12.41% -26.43% -14.23% -34.3% strong-down 🔴 Still weak, decline less steep than last cycle
VEEV $201.20 63.1 +6.32% +14.18% +27.16% -1.7% weak-up 🟢 Turned positive on the week

Read: ISRG is the clearest recovery here — its 7-day change turned positive and its 30-day drawdown improved meaningfully — though it stays death-crossed. TEM remains weak, though its decline slowed versus last cycle.

Quantum / Speculative AI

Stock Price RSI 7D% 30D% 3M% vs VWAP 52wkHi% Trend Signal
RGTI $14.52 39.8 -4.97% -25.31% -9.7% -45.93% -75.03% strong-down 🟢 Improved despite a -7.16% single day
QBTS $17.64 42.4 -0.9% -25.98% -3.45% -28.16% -62.28% strong-down 🟢 Improved despite a -9.58% single day
SOUN $6.16 38.8 -1.75% -2.84% -24.79% -48.29% -71.94% strong-down ⚠️ Stale read (2026-07-24) — no clean cycle comparison
BBAI $2.76 30.0 -6.12% -23.33% -27.75% -52.79% -70.61% strong-down 🔍 Near capitulation, roughly flat
IONQ $33.88 32.7 -4.59% -37.12% -19.54% -32.54% -59.97% down 🔍 Climbed out of capitulation-adjacent territory

Read: RGTI and QBTS both improved on RSI despite sharp single-day drops (-7.16% and -9.58% respectively). SOUN's data is stale and cannot be cleanly compared to the prior cycle.

Telecom / Connectivity

Stock Price RSI 7D% 30D% vs VWAP 52wkHi% Trend Signal
T $24.66 72.4 +10.78% +14.54% 0% -17.22% up 🟠 Into outright overbought, still extending
VZ $48.19 70.6 +10.07% +11.14% +12.89% -6.75% strong-up 🟠 Near overbought, still extending
TMUS $182.39 48.4 -4.39% +4.84% -10.65% -30.27% strong-down 🟡 Still negative on the week, still death-crossed
BCE $21.81 47.6 +0.74% -2.02% -6.92% -17.76% strong-down 🟢 Turned positive on the week
SKM $30.73 40.5 -3.82% -4.98% -3.36% -34.87% weak-down 🔴 Gave back its entire reversal week in a single -12.8% day

Read: T and VZ both kept extending into overbought territory, while SKM's -12.8% single-day drop — the biggest move in the whole scan — erased last cycle's +16.49% reversal week entirely.

AI ETFs

Stock Price RSI 7D% 30D% vs VWAP Trend Signal
SMH $529.60 37.1 -9.33% -16.2% +22.1% weak-down 🔴 Deepened its break
BOTZ $33.98 34.9 -2.61% -7.81% -7.24% down 🔍 Roughly flat
ROBO $77.50 39.2 -2.37% -7.07% +2.05% weak-down 🔍 Roughly flat
AIQ $57.24 37.4 -6.16% -10.87% +6.19% weak-down 🔍 Weakened further

Read: The whole AI ETF bucket weakened this cycle, consistent with the semis crack elsewhere in the scan.


Tier Analysis

Capitulation (RSI < 25)

None strictly under 25. RUN (26.4), TSLA (27.4), and EOSE (27.8) sit closest to the line — all three carry real, ongoing structural damage rather than a constructive dip-buy setup.

Oversold (RSI < 40)

UNG-adjacent group: TSLA (27.4), EOSE (27.8), RUN (26.4), BBAI (30.0), IONQ (32.7), OKLO (32.9), BE (33.3), TEM (33.4), FSLR (33.8), INTC (33.9), ENPH (34.0), MRVL (34.3), BOTZ (34.9), ARM (35.9), AMZN (36.3), QCOM (36.5), TAC (36.7), ASML (37.1), SMH (37.1), AIQ (37.4), SOUN (38.8, stale), TSM (39.0), AMD (39.4), ROBO (39.2), RGTI (39.8), STX (39.8), WDC (39.6) — 27 of the scan's 66 names, broadening from the prior cycle. Most carry real structural damage (death-crossed or "collapse"/"downtrend" regime) rather than a clean dip-buy setup.

Neutral-Strong (RSI 40+)

The remaining 39 names, led by T (72.4, overbought), VZ (70.6), WDAY (65.5), ADBE (63.5), and VEEV (63.1).

Parabolic / Extreme Extension (vs VWAP)

AMD (+74.07%), WDC (+66.79%), STX (+63.27%), FTNT (+59.1%), PANW (+57.68%), MU (+57.84%), DDOG (+56.88%). Still historically extended even after this cycle's declines — existing gains, not new-money entries.


Entry Zones

Stock Entry Zone Thesis Status
NVDA $195-215 AI chip cycle intact, thesis system-flagged intact, in the zone at $197.01 🔒 Hold/accumulate
AVGO $360-380 Custom ASIC thesis; near VWAP ⏳ In zone
BE Avoid Second straight double-digit single-day crash — verify the cause before treating as a dip-buy ⚠️ Avoid
MU, STX, WDC Avoid for now Round-tripped last cycle's rally into a matching decline ⚠️ Avoid
ASML, MRVL, ARM Watch Sharpest semis deterioration this cycle 🔍 Watch
ADBE, WDAY, CRM, NOW, PATH Watch Sharp positive reversal, but still death-crossed 🔍 Watch
DLR, EQIX Watch Gave back a chunk of last cycle's biggest reversals 🔍 Watch
T, VZ Watch for exhaustion Both into or near overbought after a strong run 🔍 Watch
SKM Watch Erased its entire reversal week in one day 🔍 Watch

Action Matrix

Stock Signal Action Notes
BE 🔴 ⚠️ Avoid Second straight double-digit single-day crash — verify before acting
MU, STX, WDC 🔴 ⚠️ Avoid Round-tripped last cycle's rally into a matching decline
ASML 🔴 🔍 Watch Sharpest single-name crack in semis
MRVL, ARM 🔴 ⚠️ Avoid Resumed deteriorating after prior stabilization
AMD 🔴 ⚠️ Avoid -8.15% single-day crash
TSLA 🔴 ⚠️ Avoid Standout breakdown deepened further
CEG, VST 🔴 🔍 Watch Reversed from improving to declining
ADBE, WDAY, CRM, NOW, PATH 🟢 🔍 Watch Sharp positive reversal, still death-crossed
ZS 🟢 🔍 Watch Bucked the AI-security group, turned positive
MSFT, GOOGL 🟢 🔍 Watch Both recovered meaningfully this cycle
NVDA, AVGO 📈 📈 Accumulate Near VWAP, thesis flagged intact
ISRG 🟡 🔍 Watch Clearest recovery in AI-healthcare group
DLR, EQIX 🟡 🔍 Watch Gave back a chunk of last cycle's reversal
T, VZ 🟠 🔍 Watch Into or near overbought, still extending
SKM 🔴 🔍 Watch Erased entire reversal week in a single day
RGTI, QBTS, IONQ 🔍 🔍 Watch Improved despite sharp single-day drops
SOUN ⚠️ ⚠️ Data stale Read from 2026-07-24, not cleanly comparable
RUN, EOSE ❌ Avoid Near capitulation, still deteriorating

What To Watch Next

  • Whether the memory/storage round-trip (MU/STX/WDC all -15 to -16% on the week after +8-9% weeks two cycles ago) is a real reversal or a one-week dislocation.
  • What drove BE's second consecutive double-digit single-day crash, and whether the AI-power cluster's reversal (CEG/VST flipping back to declining) extends.
  • Whether legacy SaaS's sharp positive reversal (ADBE/WDAY/CRM/NOW/PATH) is a durable rotation into names that had been dead-crossed and struggling, or a one-week bounce.
  • Whether SKM's -12.8% single-day give-back is isolated or a warning sign for T/VZ's continued push into overbought territory.
  • Whether ASML's sharp single-name crack (RSI 48.3→37.1) is idiosyncratic or an early tell for the rest of the foundry/equipment group.

Sources

  • Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-28 close — ai-scan.
10 events

No direct external sources are attached to this read.