Healthcare Scan

Scan

Healthcare Scan

raw scan snapshot — prices as of scan date, not live 35 rows · screens, not recommendations prior scanresearch/scans/2026-07-25-healthcare-scan.md

Data as-of 2026-07-28 close.

No name in this 21-ticker cut sits below RSI 40 for the first time in several scans — ISRG, MRNA, and HROW, the sector's three oversold prints last time, all graduated upward. ABT had the biggest single move: RSI 68.3 → 73.3, +16.53% over 30 days, crossing into overbought alongside AMGN (64.1 → 72.8). TMO held near the top (71.0 → 70.3). ISRG's recovery is the notable middle case — RSI 31.4 → 42.4, 52-week-high gap -45.0% → -40.1% — but its regime classifier still reads "collapse."

Source: healthcare.json (the broader 21-name universe, not the narrower healthcare-scan.json cut). Latest bar 2026-07-28 for every name in this cut. Prior scan: 2026-07-25-healthcare-scan.

Quick Snapshot

Signal Reading
Overall 🟡 The cut cleared its oversold band entirely while the overbought cluster tripled — ABT, AMGN, and TMO are all now above RSI 70
Leaders ABT (RSI 73.3, biggest single move, +16.5% over 30 days); AMGN (72.8, crossed overbought); TMO (70.3, held near the top after last scan's cross)
Laggards MRNA (RSI 40.3, still down -19.9% over 30 days); ISRG (42.4, "collapse" regime persists despite real improvement); HROW (43.5, still -10.0% this week)
Key insight ISRG's 52-week-high gap narrowed from -45.0% to -40.1% and its RSI moved out of the oversold band entirely, but the regime classifier still reads "collapse" with thesis marked "intact" — treat as recovering, not resolved

What's Going On

ABT posted the biggest single move in the cut. RSI climbed from 68.3 to 73.3 — crossing into overbought — on +16.53% over 30 days (change30d per healthcare.json), the largest 30-day gain anywhere in this scan. AMGN crossed the same threshold, RSI 64.1 → 72.8, +9.03% over 30 days. TMO — the sole overbought name last scan — held near the top rather than extending further, 71.0 → 70.3. All three are now extended enough that a fresh entry means chasing, not buying a pullback.

ISRG is the cut's most instructive middle case, and the same story shows up in this session's biotech cut for the identical ticker: RSI moved from 31.4 to 42.4, out of the oversold band entirely, and the gap to its 52-week high narrowed from -45.02% to -40.09%. Both are real improvements. But the regime classifier still reads "collapse," the trend is strong-down DC, and the thesis flag on file still reads "intact" — better tape, unconfirmed structure.

The sector's other two previously-oversold names both improved without fully resolving. MRNA moved 36.7 → 40.3, still down -19.93% over 30 days. HROW moved 39.9 → 43.5, still down -10.04% over the week even after last scan's sharp break. Neither has posted a clean reversal signal yet. ZTS climbed further out of its weak band, 45.5 → 52.7, though it remains -51.70% off its own 52-week high — improved momentum sitting on top of a still-deeply-damaged chart.

Away from those extremes, a broad middle held steady or improved modestly: SYK, VEEV, MRK, MDT, JNJ, and CVS all sit in the RSI 60s with no single name badly extended — the cleanest zone in the cut for a fresh look.

What Changed Since Prior Scan (2026-07-25)

  • The oversold band emptied out entirely. ISRG, MRNA, and HROW — the sector's three sub-40 prints last scan — all moved above RSI 40; no name remains below that line.
  • ABT had the biggest single move. RSI 68.3 → 73.3, +16.53% over 30 days — now overbought.
  • AMGN crossed into overbought. RSI 64.1 → 72.8, +9.03% over 30 days.
  • TMO held near the top rather than extending. RSI 71.0 → 70.3.
  • ISRG recovered meaningfully but stayed in a "collapse" regime. RSI 31.4 → 42.4; 52-week-high gap -45.0% → -40.1%.
  • ZTS climbed further out of its weak band. RSI 45.5 → 52.7, though still -51.7% off its 52-week high.
  • HROW improved from its sharp break last scan but hasn't reversed. RSI 39.9 → 43.5, still -10.04% over the week.
  • SYK had a strong week. RSI 56.2 → 62.9, +10.18% over the week.
  • GH cooled from its prior read. RSI 48.8 → 45.8.
  • Universe unchanged. Same 21 tickers as the July 25 healthcare.json cut — 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 whose RSI recovers out of the oversold band while the regime classifier still reads "collapse" — like ISRG 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
MRNA $55.81 40.3 -16.1% -6.5% -19.9% +22.1% -34.8% weak-down GC +41.6%
ISRG $361.80 42.4 -5.7% +3.4% -10.9% -20.3% -40.1% strong-down DC -22.5%
HROW $39.32 43.5 -8.4% -10.0% -4.5% -2.3% -28.3% weak-up DC -2.2%
GH $143.62 45.8 -8.4% -5.7% -6.6% +72.2% -17.5% strong-up GC +49.6%
ZTS $77.51 52.7 +3.5% +2.9% +6.6% -31.4% -51.7% weak-up DC -29.1%
BIIB $205.61 52.9 +0.5% +1.2% -5.1% +5.8% -6.4% strong-up GC +20.2%
DXCM $74.85 54.6 +2.3% +0.1% +7.0% +30.0% -16.8% strong-up GC +9.4%
UNH $428.79 56.1 +0.9% -1.7% +2.1% +16.3% -7.1% strong-up GC +33.9%
VRTX $490.39 56.7 -0.3% +1.7% -1.9% +15.9% -8.1% strong-up GC +11.6%
GILD $134.32 57.2 +2.2% +3.1% +6.3% +4.9% -14.6% up DC +6.2%
PFE $25.25 61.8 +4.5% +3.0% +5.4% -0.6% -12.2% up DC +3.6%
LLY $1,220.66 61.9 +2.6% +3.9% -0.8% +43.7% -2.3% strong-up GC +31.3%
SYK $346.60 62.9 +7.0% +10.2% +5.2% +10.3% -14.2% up DC +1.2%
VEEV $201.20 63.1 +5.7% +6.3% +14.2% +27.2% -35.2% weak-up DC -1.7%
MRK $131.82 63.3 +3.8% +4.4% +1.9% +19.7% -2.4% strong-up GC +28.6%
MDT $86.88 64.6 +5.5% +5.5% +7.4% +10.5% -18.3% weak-up DC -1.7%
JNJ $266.73 65.2 +3.6% +6.4% +3.2% +18.0% -3.0% strong-up GC +25.1%
CVS $109.34 66.3 +3.7% -0.5% +6.2% +31.1% -1.2% strong-up GC +36.6%
TMO $576.41 70.3 +8.8% +10.1% +13.8% +23.8% -10.5% up DC +11.3%
AMGN $393.10 72.8 +7.2% +7.3% +9.0% +17.2% -1.2% strong-up GC +19.6%
ABT $107.27 73.3 +11.6% +7.6% +16.5% +18.3% -22.0% weak-up DC +0.9%

Tier Analysis

Extreme Oversold (RSI < 25)

None.

Oversold (RSI 25-40)

None. For the first time in several scans, every name in this cut sits above RSI 40 — the sector's three prior sub-40 prints (ISRG, MRNA, HROW) all moved up.

RSI 40+ (everyone else)

  • Cooling (RSI 41-49): MRNA, ISRG, HROW, GH. ISRG is the standout for real tape improvement despite a still-"collapse" regime.
  • Basing (RSI 50-59): ZTS, BIIB, DXCM, UNH, VRTX, GILD. None extended, none broken — the cleanest zone in the cut.
  • Momentum / overbought (RSI 60+): PFE, LLY, SYK, VEEV, MRK, MDT, JNJ, CVS, TMO, AMGN, ABT. Three of these (TMO, AMGN, ABT) are now above the 70 overbought line — up from one last scan.

Entry Zones

Stock Price Zone RSI 30D% Setup
GILD $134.32 <$131.61 (support shelf) 57.2 +6.3% Cooled from a stronger prior read, clean structure
DXCM $74.85 <$72.79 (support shelf) 54.6 +7.0% Golden-cross uptrend, not extended vs VWAP
PFE $25.25 <$24.83 (support shelf) 61.8 +5.4% Steady climb, no overextension
ABT $107.27 Extended — no clean entry 73.3 +16.5% Biggest single move in the cut; wait for a pullback rather than chase
ISRG $361.80 No support shelf identified 42.4 -10.9% Real improvement but regime still "collapse" — thesis intact, structure unconfirmed

Action Matrix

Action Stocks Why
📈 ACCUMULATE GILD, DXCM, PFE Clean, not extended, no broken-structure flags
🔒 HOLD MRK, JNJ, LLY, UNH, CVS, VEEV, SYK, BIIB, VRTX, MDT, GH Cooled from prior extension or climbing steadily without breaking down
🔍 WATCH MRNA, HROW, ZTS All improved from deeply damaged reads but none has confirmed a floor
⚠️ AVOID / DON'T CHASE TMO, AMGN, ABT All now above RSI 70 — the sector's overbought cluster tripled this scan
❌ AVOID / FALLING KNIFE ISRG "Collapse" regime persists despite real RSI and 52-week-high improvement

What To Watch Next

  • The oversold band emptied out entirely this scan — does it stay clear, or does the next pullback refill it?
  • ABT and AMGN both just crossed into overbought alongside TMO — does the cluster keep extending, or does it give back the way LEGN did in this session's biotech cut?
  • ISRG's tape improved (RSI 31.4 → 42.4, 52wk-high gap narrower) while its regime still reads "collapse" — which read wins over the next scan?
  • ZTS climbed to RSI 52.7 but remains -51.7% off its 52-week high — is that a genuine floor forming, or a bounce inside a still-broken chart?

Sources

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

No direct external sources are attached to this read.