Tech Insider Buys
Tech Insider Buys
2026-07-31 Tech Insider-Buys Scan — IONQ Extends Its Turn For A Second Confirming Cycle, The Software Rally Cools From Its Highs, AMD/CRDO Recover From Last Cycle's Single-Day Hits (ARM Stays Flat)
IONQ's RSI climbed further to 41.3 from 32.7, and the 30-day print improved to -29.11% from -37.12% — the "first real change" flagged last cycle now has a second confirming print, the strongest evidence yet of a genuine technical turn rather than a one-cycle wobble. HUBS, TEAM, and WDAY — whose rallies had roughly doubled last cycle — all cooled from those extended highs this cycle (HUBS 30D +26.44%, was +29.05%; TEAM +21.45%, was +26.14%; WDAY +23.08%, was +29.22%), still positive but no longer accelerating. AMD and CRDO both recovered from last cycle's fresh single-day hits (AMD RSI 45.3, was 39.4; CRDO RSI 45.3, was 38.6), while ARM stayed essentially flat (RSI 37.5, was 35.9; 30D -28.97%, roughly unchanged) — a genuine divergence inside what had looked like one cohesive semis-adjacent selloff. TSLA's RSI moved to 31.9 this cycle (was 27.4) — on the summary data this scan relies on, that's above the strict oversold threshold for the first time in this tracked window; the full read is in this cycle's companion insider-scan.
Data as-of the 2026-07-31 close. Source: summaries/tech-insider-buys.json — price/technical fields only; insider dollar figures (TSLA +$219.9M, CRSP +$28.1M, ASAN +$8.7M) are cross-referenced from the pre-captured companion insider-scan:full report where the two universes overlap. Prior scan: 2026-07-28-tech-insider-buys (2026-07-28 close).
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟢 IONQ extended its turn for a second confirming cycle; the semis-adjacent selloff broadly recovered (except ARM); the software rally cooled from its highs |
| IONQ's move | RSI 32.7→41.3 — a second confirming cycle after last cycle's first real shift off a two-scan floor |
| Rally cooling | HUBS (30D +29.05%→+26.44%), TEAM (+26.14%→+21.45%), WDAY (+29.22%→+23.08%) — all still positive but pulled back from extended highs |
| Recovering from last cycle's hits | AMD (RSI 39.4→45.3), CRDO (RSI 38.6→45.3) both bounced; ARM (RSI 35.9→37.5) stayed essentially flat — a genuine split inside the same complex |
| Cyber cluster extends | PANW (RSI 54.9, was 48.6), OKTA (56.8, was 50.9), CRWD (54.7, was 46.7) — all improved further after last cycle's flat range |
| Golden-signal criterion (summary basis) | TSLA no longer clears it — RSI moved to 31.9 (was 27.4); full read in the companion insider-scan |
| Key insight | IONQ's second confirming cycle is the strongest technical change tracked here — two straight cycles of RSI improvement on a name still down nearly 30% over 30 days is a genuine, if early, turn |
What's Going On
IONQ's turn now has a second confirming print. After breaking a two-scan floor last cycle (RSI 26.2→32.7), it climbed further this cycle to 41.3 (price $33.88→$36.44, 1D +1.87%, 7D +10.96%) — the 30-day print improved meaningfully to -29.11% from -37.12%, and the regime stays collapse, thesis flagged intact-but-priced. Two straight cycles of RSI improvement, with the 30-day discount narrowing each time, is the strongest evidence yet that this is a genuine technical turn rather than a one-cycle wobble off the floor — though the name remains deeply negative on a rolling basis and still death-crossed.
HUBS, TEAM, and WDAY all cooled from last cycle's extended rally highs. HUBS ($237.36, RSI 58.6, was 61.9; 30D +26.44%, was +29.05%) and TEAM ($101.01, RSI 58.4, was 60.1; 30D +21.45%, was +26.14%) both pulled back modestly after roughly doubling their gains over the prior cycle. WDAY ($160.34, RSI 61.9, was 65.5; 30D +23.08%, was +29.22%) shows the same pattern. VEEV ($203.78, RSI 62.1, was 63.1; 30D +10.62%, was +14.18%) and MDB ($337.48, RSI 55.5, was 43.6; 30D -6.09%, was -8.15% — a genuine improvement, not a cooldown) round out this cluster. None of these are oversold reads — this remains a strength story broadly cooling from its extremes, not a reversal.
AMD and CRDO both recovered from last cycle's fresh single-day hits, while ARM stayed essentially flat — a genuine split inside what had looked like one cohesive semis-adjacent selloff. AMD ($476.15, RSI 45.3, was 39.4; 30D -11.97%, was -15.73%) improved meaningfully after last cycle's -8.15% single-day drop. CRDO ($206.99, RSI 45.3, was 38.6; 30D -20.11%, was -21.74%; 1D +2.94%, was -7.62%) also bounced back. ARM ($239.69, RSI 37.5, was 35.9; 30D -28.97%, roughly unchanged from -28.77%) is the exception — essentially flat this cycle, neither improving nor deteriorating further. INTC ($90.20, RSI 40.0, was 33.9; 30D -28.99%, was -34.48%) and MRVL ($187.56, RSI 41.6, was 34.3; 30D -31.04%, was -37.17%) both recovered as well, still no insider-buying confirmation on any of them.
The cyber cluster (PANW/OKTA/CRWD) extended its improvement this cycle after holding roughly flat last scan: PANW (RSI 54.9, was 48.6), OKTA (56.8, was 50.9), CRWD (54.7, was 46.7) — all moved further into positive territory, suggesting the range they settled into last cycle is now trending up rather than staying flat. SMCI's modest improvement continued — RSI 49.1 (was 48.3), 30D +2.71% (was +1.07%) — a small but real underlying gain for a second straight cycle.
TSLA's RSI moved above the strict golden-signal threshold this cycle. On the summary data this scan relies on, RSI climbed to 31.9 from 27.4 — the full structural read, including the fact that its insider buying figure moved for the first time in three frozen cycles (+$205.3M→+$219.9M), is in this cycle's companion insider-scan. CRSP (RSI 41.7, was 39.3; +$28.1M unchanged buying) improved slightly; ASAN (RSI 59.9, was 61.8; +$8.7M roughly flat buying) cooled slightly from its rally but remains well clear of any oversold read.
What Changed Since Prior Scan (2026-07-28 → 2026-07-31)
| Change | Read |
|---|---|
| IONQ extended its turn for a second confirming cycle — RSI 32.7→41.3, 30D -37.12%→-29.11% | The strongest evidence yet of a genuine technical reversal rather than a one-cycle wobble |
| HUBS/TEAM/WDAY all cooled from extended rally highs — HUBS 30D +29.05%→+26.44%, TEAM +26.14%→+21.45% | Still positive but no longer accelerating after roughly doubling last cycle |
| AMD/CRDO both recovered from last cycle's fresh single-day hits — AMD RSI 39.4→45.3, CRDO 38.6→45.3 | A genuine bounce, not a continuation of the selloff |
| ARM stayed essentially flat — RSI 35.9→37.5, 30D roughly unchanged | Diverges from AMD/CRDO's recovery — worth tracking as the laggard in this complex |
| PANW/OKTA/CRWD all extended their improvement after holding flat last cycle | The cyber cluster's earlier settling range is now trending up |
| TSLA's RSI moved above 30 on the summary basis — 27.4→31.9 | See companion insider-scan for the full read; ends the golden-signal criterion on tape truth |
| MDB genuinely improved — RSI 43.6→55.5, 30D -8.15%→-6.09% | A real technical gain, not just noise |
| QCOM deepened further — RSI 36.5→29.3, 30D -13.7%→-18.86% | Continues to diverge from the rest of the recovering semis complex — see companion bargain-bin scan |
How To Read The Board
The table labels are technical states, not trade recommendations. This cycle's clearest read is IONQ's second confirming cycle of improvement — two straight cycles of RSI gains on a name still down nearly 30% over 30 days is a genuine, if early, turn worth tracking rather than a coincidence. The AMD/CRDO recovery paired with ARM's flat print is a useful reminder that "semis-adjacent selloff" was never one uniform move — some names bounce faster than others even inside the same complex. thesis: broken (INTU, tracked in the companion bargain-bin scan) remains a hard override a price bounce does not clear. This watchlist references "insider buys," but the JSON summary contains price/technical fields only — cross-reference the companion insider-scan report for live insider dollar flow before treating any RSI print here as a buy signal.
Price Table
Software/Hardware Breakdowns And Damaged Structure (RSI < 45)
| Stock | Price | RSI | 1D | 7D | 30D | vs SMA200 | Regime | Thesis | Note |
|---|---|---|---|---|---|---|---|---|---|
| QCOM | $147.61 | 29.3 | -2.6% | -11.6% | -18.9% | -12.1% | collapse | unrated | Deepened further; see companion bargain-bin scan |
| TSLA | $311.21 | 31.9 | +0.8% | -0.6% | -26.8% | -24.4% | collapse | intact | RSI moved above 30 — see companion insider-scan |
| IONQ | $36.44 | 41.3 | +1.9% | +11.0% | -29.1% | -21.3% | collapse | intact-but-priced | Second confirming cycle of improvement off the two-scan floor |
| ARM | $239.69 | 37.5 | -0.8% | -7.8% | -29.0% | +26.2% | pullback | intact-but-priced | Essentially flat this cycle, diverging from AMD/CRDO's recovery |
| CRSP | $47.99 | 41.7 | -0.9% | +3.1% | -13.7% | -11.2% | downtrend | unrated | Buying present (+$28.1M unchanged), improved slightly |
| MDB | $337.48 | 55.5 | +3.6% | +13.2% | -6.1% | +1.2% | pullback | unrated | Genuine improvement from -8.15% last cycle |
| AMD | $476.15 | 45.3 | -1.9% | -8.8% | -12.0% | +52.7% | pullback | unrated | Recovered from last cycle's -8.15% single-day hit |
| INTC | $90.20 | 40.0 | -1.0% | -2.3% | -29.0% | +34.6% | pullback | unrated | Recovered from -34.48% last cycle |
| MRVL | $187.56 | 41.6 | +2.3% | -3.4% | -31.0% | +38.9% | pullback | unrated | Recovered from -37.17% last cycle |
| TSM | $404.25 | 46.2 | +0.2% | +0.2% | -9.0% | +13.6% | pullback | unrated | Improved from -13.8% |
| CRDO | $206.99 | 45.3 | +2.9% | -2.9% | -20.1% | +24.7% | pullback | unrated | Recovered from last cycle's -7.62% single-day hit |
| GOOGL | $356.13 | 54.1 | +6.7% | +11.4% | -1.4% | +9.3% | pullback | intact | Improved, cross-ref bargain-bin |
| CEG | $262.75 | 50.6 | -0.3% | -4.2% | +11.1% | -14.5% | collapse | unrated | Improved this cycle, not oversold |
Mixed / Stabilizing (RSI 45-60)
| Stock | Price | RSI | 1D | 7D | 30D | vs SMA200 | Regime | Thesis | Note |
|---|---|---|---|---|---|---|---|---|---|
| PANW | $331.83 | 54.9 | +1.9% | +2.5% | -5.7% | +54.8% | uptrend | unrated | Extended its improvement after holding flat last cycle |
| OKTA | $141.93 | 56.8 | +1.1% | +2.5% | +1.1% | +51.0% | uptrend | unrated | Same pattern |
| CRWD | $190.86 | 54.7 | +3.1% | +4.1% | -1.2% | +43.9% | uptrend | unrated | Same pattern |
| SMCI | $28.40 | 49.1 | +2.4% | -5.7% | +2.7% | -13.4% | downtrend | unrated | Second straight cycle of modest, real improvement |
| TEAM | $101.01 | 58.4 | +3.0% | +16.3% | +21.5% | -7.3% | downtrend | intact | Cooled from its 26.1% peak, still death-crossed |
| HUBS | $237.36 | 58.6 | +1.8% | +15.9% | +26.4% | -17.1% | downtrend | intact-but-priced | Cooled from its 29.1% peak |
| NOW | $111.23 | 56.6 | +1.1% | +12.6% | +5.1% | -11.0% | downtrend | unrated | Cooled meaningfully from +10.65% |
| ASAN | $8.32 | 59.9 | +4.7% | +20.9% | +13.8% | -11.1% | downtrend | unrated | Small insider buying (+$8.7M, roughly flat), cooled from its rally |
| WDAY | $160.34 | 61.9 | +1.4% | +18.5% | +23.1% | -19.2% | downtrend | unrated | Cooled from its 29.2% peak |
| ANET | $180.35 | 56.4 | +5.5% | +3.7% | +8.2% | +19.7% | uptrend | unrated | Improved |
| ASML | $1,629.00 | 42.8 | -1.4% | -7.2% | -11.5% | +17.4% | pullback | unrated | Recovered from -15.94% last cycle |
| AVGO | $389.28 | 51.3 | +0.4% | +1.9% | +5.4% | +6.7% | pullback | intact | Steady |
| ZS | $151.20 | 56.4 | +1.9% | +6.2% | +3.2% | -20.4% | downtrend | unrated | Still death-crossed |
| ESTC | $65.79 | 64.6 | +2.4% | +12.1% | +12.6% | +2.2% | pullback | unrated | Extended its improvement |
| FTNT | $161.95 | 60.6 | +5.0% | +6.3% | +1.9% | +61.1% | uptrend | unrated | Steady, extended vs 200-day |
| NVDA | $200.75 | 48.6 | +2.9% | -2.9% | +1.6% | +4.1% | pullback | intact | Steady |
| MSFT | $464.72 | 74.6 | +3.0% | +21.8% | +20.9% | +7.5% | pullback | intact | Extended, still death-crossed |
| VEEV | $203.78 | 62.1 | +1.1% | +9.4% | +10.6% | -2.2% | downtrend | unrated | Cooled slightly, still death-crossed |
| META | $556.71 | 37.9 | +3.3% | -6.5% | -9.2% | -12.1% | downtrend | unrated | Real discount forming, cross-ref bargain-bin |
| PLTR | $123.06 | 44.2 | +0.7% | +0.1% | -2.1% | -19.5% | collapse | intact | See companion insider-scan for full read |
| DDOG | $267.97 | 61.8 | -0.2% | +8.6% | +1.3% | +60.2% | uptrend | intact | Steady, extended |
| INTU | $316.07 | 59.2 | +0.2% | +6.7% | +18.9% | -33.2% | downtrend | broken | Fifth straight bounce, thesis flag unchanged — avoid |
Strength Pockets (RSI 60+ — extended holds)
| Stock | Price | RSI | 30D | vs SMA200 | Regime | Thesis | Note |
|---|---|---|---|---|---|---|---|
| AAPL | $308.91 | 43.3 | +4.9% | +11.3% | uptrend | intact | Extended, still climbing |
| SNOW | $293.28 | 69.8 | +12.3% | +39.3% | uptrend | unrated | Strong, extended |
| NET | $278.98 | 61.3 | +13.3% | +30.8% | uptrend | intact | Strong, extended |
| CRM | $184.02 | 59.7 | +12.7% | -9.9% | downtrend | intact | Cooled slightly, still death-crossed |
| ADBE | $250.41 | 59.8 | +18.7% | -32.5% | downtrend | unrated | Cooled slightly |
Tier Analysis
Second confirming cycle — IONQ's RSI shift from 32.7 to 41.3 is the strongest technical change tracked here this cycle — two straight cycles of improvement on a name still down nearly 30% over 30 days.
Rally cooling, still positive — HUBS, TEAM, WDAY all pulled back from last cycle's extended highs after roughly doubling their gains — not a reversal, but no longer accelerating.
Split recovery inside one complex — AMD and CRDO both bounced back from last cycle's fresh single-day hits; ARM stayed essentially flat, a genuine divergence worth tracking separately.
Extending after holding flat — PANW, OKTA, CRWD all improved further this cycle, suggesting the range they settled into last cycle is now trending up.
Broken thesis, bounced again — INTU, fifth straight cycle of price improvement with the flag unchanged.
RSI moved above the golden-signal threshold — TSLA (see companion insider-scan for the full structural read).
Single-name deterioration inside a recovering complex — QCOM deepened further while MRVL, ASML, LRCX, AMD all recovered (see companion bargain-bin scan).
Entry Zones
| Stock | Price | Zone | RSI | 30D | Setup |
|---|---|---|---|---|---|
| IONQ | $36.44 | Watch for a third confirming print | 41.3 | -29.1% | Second straight cycle of RSI improvement, strongest turn signal tracked here |
| ARM | $239.69 | Watch for a floor | 37.5 | -29.0% | Stayed flat while AMD/CRDO both recovered — the laggard in this complex |
| AMD / CRDO | $476.15 / $206.99 | Confirm the bounce holds | 45.3 / 45.3 | -12.0% / -20.1% | Both recovered from last cycle's fresh single-day hits |
| HUBS / TEAM | $237.36 / $101.01 | Extended, don't chase | 58.6 / 58.4 | +26.4% / +21.5% | Cooled from extended highs but still up meaningfully on the month |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD | AAPL, NET, SNOW, GOOGL, CRM, MSFT, TSM, ASML, AVGO, NVDA | Intact or steady trend, no urgent action |
| 🔍 WATCH | PANW, OKTA, CRWD, VEEV, META, NOW, ESTC, ADBE, MDB, ZS, PLTR, ANET, ASAN, DDOG, CEG, FTNT | Steady, extending, or damaged-but-intact-thesis names needing confirmation |
| 🔍 RECOVERING, SPLIT COHORT | AMD, CRDO, INTC, MRVL | Bounced back from last cycle's hits; ARM is the exception |
| ⚠️ FLAT, LAGGARD | ARM | Diverged from AMD/CRDO's recovery this cycle |
| ⚠️ DEEPENING | QCOM | Diverging from the rest of the recovering semis complex — see companion bargain-bin scan |
| ⚠️ EXTENDED, COOLING — DON'T CHASE | HUBS, TEAM, WDAY | Pulled back from last cycle's extended rally highs |
| 🔍 SECOND CONFIRMING CYCLE | IONQ | Strongest technical turn signal tracked here this cycle |
| ❌ AVOID — BROKEN THESIS | INTU | Bounced again, flag unchanged |
| 🔍 RSI MOVED ABOVE THRESHOLD | TSLA | See companion insider-scan for the full structural read |
What To Watch Next
| Watch | Why it matters |
|---|---|
| IONQ's next print | Two straight cycles of improvement — a third would make this a genuinely confirmed turn |
| ARM's next print | Stayed flat while AMD/CRDO both recovered — confirm whether it's the next to bounce or a genuine laggard |
| Whether HUBS/TEAM/WDAY's cooldown continues | All pulled back from extended highs this cycle — watch whether this settles into a steadier uptrend or reverses |
| QCOM's next print | Continues to diverge from the rest of the recovering semis complex — see companion bargain-bin scan |
| PANW/OKTA/CRWD's continued extension | Improved further after holding flat last cycle — worth confirming this is a genuine uptrend |
| TSLA's RSI | Moved above 30 this cycle on the summary basis — see companion insider-scan for the full read |
Sources
Related
10 eventsNo direct external sources are attached to this read.