Editorial Note: VRT at $318.86 RSI 50.6 has given back part of the reclaim flagged at the 06/22 refresh, but the larger drawdown has actually narrowed. At 06/22 (data 06-18), VRT was $333.05 RSI 56.6, +6.2% above SMA20 and +3.6% above SMA50, having just resolved the soft sub-SMA20 tape from the prior two refreshes. Since then: -2.8% 7D, price is now only +0.9% above SMA20 ($316.17) and -1.8% below SMA50 ($324.69) — essentially flat vs both short moving averages rather than clearly above them — and RSI has cooled from 56.6 to 50.6 (still neutral). Despite the softer short-term positioning, 30D is +7.06% and 3M +6.32% (both still positive), and From 52wk High has actually narrowed to -16.08% (vs -21.14% at 06/22) — better than the last three refreshes, which had been stuck near -21%. Price remains far above SMA200 ($236.76, +34.7%), and golden-cross/no-death-cross structure is intact. The AI power-and-cooling infrastructure thesis (thesis flag: intact) is unchanged; this reads as a mild digestion of the June reclaim rather than a renewed breakdown — the improved 52wk-high gap is the more constructive read of the two.

2026-07-17 tape note: The digestion has deepened into a real pullback. VRT $289.56, RSI 42.1 (down from 50.6), now -7.9% below SMA20 ($314.57) and -10.1% below SMA50 ($321.95) — a much wider gap below the moving averages than two weeks ago. 7D -9.19%, 30D -13.06% (flipped negative from +7.06%), 3M -7.88% (flipped negative from +6.32%). From 52wk high has widened back to -23.79% (from -16.08%) — giving back the improvement flagged 07/11. Still well above SMA200 (+20.3%, golden cross intact). thesis flag "intact." No new fundamentals re-researched; this is a real pullback within the power/cooling cohort's broader digestion, not confirmation of a break.

2026-07-25 tape note (Friday 2026-07-24 close): The pullback has stabilized. VRT $290.36, RSI 43.2 (roughly flat vs 42.1), now -5.3% below SMA20 ($306.59, narrowed from -7.9%) and -8.2% below SMA50 (narrowed from -10.1%). 7D has flipped positive to +0.28% (from -9.19%), 30D -8.24% (improved from -13.06%), 3M -10.21% (deepened slightly from -7.88%). From 52wk high has narrowed to -19.98% (from -23.79%) — the improvement flagged 07/11 partially returns. Still well above SMA200 (+18.9%, golden cross intact). No new fundamentals re-researched; this reads as stabilization within the pullback, not a fresh breakdown.

2026-07-28 tape note: The stabilization has broken — a real deterioration this cycle. VRT $269.56 (-7.15% vs $290.36), RSI 37 (down from 43.2), now -11.3% below SMA20 (widened from -5.3%) and -13.8% below SMA50 (widened from -8.2%). 7D has flipped negative to -11.47% (from +0.28%), 30D has deepened to -12.19% (from -8.24%), and 3M is roughly flat at -11.94% (from -10.21%). From 52wk high has widened to -29.05% — a new deepest drawdown for this file, past the prior -23.79% record. Still above SMA200 (+9.9%, golden cross intact, though the cushion has narrowed sharply from +18.9%). No new fundamentals re-researched; this reads as a fresh leg of the power/cooling cohort's pullback, not yet a break of the AI power-and-cooling infrastructure thesis. 2026-07-31 tape note: VRT $241.57 (-10.38% vs $269.56), RSI 34.8 (cooled from 37). 7D -16.80% (deepened from -11.47%), 30D -22.43% (deepened from -12.19%), 3M -26.40% (deepened from -11.94%). From the 52-week high, the gap is -36.42% (widened from -29.05%). Per the tape: trend "down", regime "collapse", golden cross intact. No new fundamentals re-researched. Per the full-scan summaries (2026-07-31 close). 2026-08-08 tape note: VRT $272.40 (+12.76% vs $241.57), RSI 45.7 (warmed from 34.8). 7D +12.76% (turned positive from -16.80%), 30D -14.29% (moderated from -22.43%), 3M -19.86% (moderated from -26.40%). From the 52-week high, the gap is -26.85% (narrowed from -36.42%). Per the tape: trend "weak-down", regime "pullback", golden cross intact. No new fundamentals re-researched. Per the full-scan summaries (2026-08-07 close). 2026-08-14 tape note: VRT $293.84 (+7.87% vs $272.40), RSI 53.6 (warmed from 45.7). 7D +7.87% (moderated from +12.76%), 30D -3.52% (moderated from -14.29%), 3M -20.77% (deepened from -19.86%). From the 52-week high, the gap is -24.44% (narrowed from -26.85%). Per the tape: trend "weak-down", regime "pullback", golden cross intact. No new fundamentals re-researched. Per the full-scan summaries (2026-08-14 close).

Price Data

Key Changes vs 07/28

2026-07-11 Rotation Context

The 06/22 refresh framed VRT as the "laggard recovery" within the power/cooling AI-buildout rotation, trailing BE's new-high breakout. This cycle's data shows a similar pattern in miniature: 7D pulled back (-2.8%) while the 30D/3M trend and the 52wk-high gap both improved, consistent with a name digesting a prior reclaim rather than breaking down. No fresh sector-rotation read this cycle (no new capture/social inputs reviewed) — treat this as a tape-only update pending the next full rotation check.

Research Log

Sources

• Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-31 close — *.
• Prior-cycle history: this file's dated update log (refreshed each full scan).