CLS, the sole name still tagged collapse last cycle, repaired to pullback — clearing the collapse pocket to zero for a second straight cycle. Two names carry a caveat large enough to override their headline numbers: IBIDF's RSI jumped from 40.3 to 71.6, the highest reading in the book, on zero shares traded, and NGKIF, still the lowest RSI in the book at 41.3, also printed zero volume. AXTI and COHR both cooled sharply on the week after last cycle's outsized runs — AXTI's monthly gain kept climbing even as its week reversed, while COHR's RSI and monthly return both eased.

Data as-of the 2026-08-14 close for the full 37-name book, with four names one session behind: SOI.PA, ALRIB.PA, LPK.DE, and IBIDF all carry an 2026-08-13 bar. Prior scan: 2026-08-08-optical-supply-chain (data as-of the 2026-08-07 close).

The last structural weak spot in this book closed out this cycle. CLS, which had been the sole name still tagged collapse after last cycle's five-name sweep, lifted to pullback as its RSI climbed from 44.6 to 49.5 and its 30-day return flipped back to roughly flat at +0.08% (was -11.89%) — the collapse pocket now reads zero for the second cycle running, after clearing five names the cycle before that. AXTI, last cycle's biggest 30-day mover, cooled hard on the week even as its month kept climbing: its 7-day return flipped to -7.83% (was +46.58%) while its 30-day gain still extended to +52.83% (was +47.34%) — a pullback sitting on top of an already-extended move rather than a reversal of it. COHR told a similar story in miniature: RSI eased from 63.6 to 51.2 and its 7-day return flipped to -14.06% (was +44.22%), with its 30-day gain cooling to +8.83% from +19.58%. Against that cooling, KOPN, AEHR, and LPTH all kept extending — KOPN's RSI climbed to 66.1 from 55.0 with its 30-day gain nearly quadrupling to +30.02% (was +8.38%), AEHR's RSI reached 67.5 with a +52.71% 30-day gain, and LPTH's RSI hit 63.8 with a +32.84% 30-day gain. SNDK, which had carried the deepest monthly loss in the book for multiple cycles, finally turned its 30-day return positive at +1.62% (was -29.82%) on a RSI of 57.0. Two names need a caveat attached before their numbers mean anything: IBIDF's RSI jumped from 40.3 to 71.6 — now the single highest reading in the book — with a +40.45% 7-day return, all on zero shares traded this cycle (relative volume 0), the same zero-volume flag it carried last cycle. NGKIF, still the lowest RSI in the book at 41.3 (up from 29.3), also printed zero volume. Separately, the set of stale names rotated: SOI.PA, ALRIB.PA, LPK.DE, and IBIDF now carry an 2026-08-13 bar, one session behind the rest of the book, while NGKIF and HIMX — stale last cycle — are both current again this time.

• CLS: regime upgraded collapse → pullback, clearing the pocket to zero; RSI 44.6 → 49.5; 30-day flipped from -11.89% to +0.08%.
• AXTI: RSI eased to 58.9 (was 65.4); 7-day flipped to -7.83% (was +46.58%); 30-day still climbed to +52.83% (was +47.34%) — cooling on top of an extended move, not a reversal.
• COHR: RSI 63.6 → 51.2; 7-day flipped to -14.06% (was +44.22%); 30-day cooled to +8.83% (was +19.58%).
• KOPN: RSI 55.0 → 66.1; 30-day climbed to +30.02% (was +8.38%).
• AEHR: RSI 57.8 → 67.5; 30-day climbed to +52.71% (was +51.82%).
• LPTH: RSI 55.9 → 63.8; 30-day climbed to +32.84% (was +3.08%).
• SNDK: RSI 41.7 → 57.0; 30-day flipped from -29.82% to +1.62%, the first positive monthly print after multiple cycles as the deepest loss in the book.
• IBIDF: RSI 40.3 → 71.6, now the highest in the book; 7-day +40.45%; volume still zero shares this cycle — carried a caveat last cycle too, treat as unconfirmed.
• NGKIF: RSI 29.3 → 41.3, still the lowest in the book but improving; volume zero shares this cycle.
• OPTX: RSI 48.1 → 55.6; 30-day flipped from -15.23% to +8.63%.
• VIAV: RSI 47.1 → 56.0; 30-day flipped from -3.83% to +8.52%.
• HIMX: RSI 55.1 → 57.5; 30-day flipped from -1.95% to +9.41%.
• CIEN: RSI 50.2 → 53.8; 30-day flipped from -6.48% to +2.46%; thesis still rated intact-but-priced.
• 6779.T: RSI 46.1 → 53.2; 30-day narrowed to -3.58% (was -11.35%).
• GLW: RSI 51.6 → 51.8, roughly flat; 30-day narrowed to -4.83% (was -9.97%).
• ALAB: RSI 50.6 → 48.9; 30-day narrowed to -8.27% (was -15.0%), still negative.
• LWLG: RSI 56.2 → 51.4; 30-day cooled to +12.15% (was +18.57%).
• POET: RSI 54.2 → 58.1, thesis still intact; 30-day climbed to +15.84% (was +4.7%).
• FORM: RSI 52.1 → 59.6; 30-day climbed to +13.63% (was +5.2%).
• AAOI: RSI 56.7 → 60.9; 30-day climbed to +37.76% (was +18.52%).
• Stale set rotated: SOI.PA, ALRIB.PA, LPK.DE, IBIDF now carry an 2026-08-13 bar (one session behind); NGKIF and HIMX, stale last cycle, are both current this time.

Regime labels describe chart structure, not a buy/sell call. A second straight cycle with zero names tagged collapse is a genuinely clean read for this book, but IBIDF's RSI print needs to be discounted almost entirely — a move that large on zero volume is not price discovery, and the same caveat applied to it last cycle without the print correcting. AXTI and COHR's weekly reversals after outsized prior runs read as normal cooling inside a still-strong monthly trend, not a break in either story. KOPN, AEHR, LPTH, and SNDK's continued or fresh strength is the more durable signal in the book this cycle.

Tier A — Strongest confirmed reads, RSI 55+ (23): IBIDF (caveat, see below), AEHR, KOPN, LPTH, SOI.PA (stale), AAOI, JBL, FORM, FN, AXTI, ONTO, LITE (thesis intact), POET (thesis intact), OPTX, IQEPF, LAZR (too-young), MXL, HIMX, TSEM, SNDK, PLAB, VIAV, MTSI.

Tier B — Mid-book, building, RSI 40-55 (12): CIEN (intact-but-priced), 6779.T, SMTC, ALMU (no-view thesis), GLW, COHR (fresh weekly reversal), LWLG, SIVEF (too-young), CLS (fresh repair), ALAB, ALRIB.PA (stale), FLTCF, LPK.DE (stale), NGKIF.

Tier C — Data caveats (2): IBIDF (RSI jumped 31 points on zero volume, one session stale), NGKIF (lowest RSI in the book, zero volume).

• Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-08-14 close (four names one session behind at 2026-08-13) — optical-supply-chain.